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Crowd-funder: From $4m to $200m in 14 months
The Bahamas’ first-ever crowd-funding platform purportedly increased in value from just $4.38m to an astonishing $201.75m in just 14 months, it was alleged yesterday, despite accounts revealing a $2.659m “deficit” at end-July 2022.
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PM unveils $500m climate finance plan
The Prime Minister yesterday unveiled ambitions for The Bahamas to raise $500m to bolster its resiliency, and sustainability, against negative climate change impacts in partnership with Resilience Capital Ventures.
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‘Room for improvement’: Trade deficit expands 28% to $1.09bn
The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.
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ArawakX hit by claim of ‘criminal infraction’
The Bahamas’ first-ever crowd-funding platform has a solvency deficiency of “at least $2.4m”, regulators charged yesterday, while accusing it of “governance irregularities, regulatory breaches and possible criminal infractions”.
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Minister hoping construction on New Providence hospital will start next year
HEALTH and Wellness Minister Dr Michael Darville hopes construction on a new New Providence hospital will begin early next year, noting there are three potential candidates to finance the $290m project.
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BAHAMAS LADIES ON ‘ROAD TO GOLD CUP’: Women’s national soccer team to host Grenada tomorrow
For the first time in about three decades, the Bahamas senior women’s national soccer team will get a chance to compete on the international stage just like their male counterparts.
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Federation boasts ‘vibrant’ beach volleyball programme
AFTER an intense month of training sessions that was completed on Saturday, the Bahamas Volleyball Federation feels it is better equipped to move forward with a vibrant beach volleyball programme.
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UB cross country teams show ‘great improvement’
THE University of The Bahamas cross country teams had to fight through a thunderstorm weather delay to have several improved individual performances at the Keiser University Flagship Invitational at the Okeeheelee Park in West Palm Beach.
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Jazz Chisholm Foundation Little League to start this Saturday
BAHAMIAN Major League Baseball (MLB) star Jasrado “Jazz” Chisholm Jr and his foundation will begin the Jazz Chisholm Foundation Little League starting next Saturday.
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Siblings accused of robbery
A BROTHER and sister were remanded in custody yesterday after they were accused of robbing a man at gunpoint on Bacardi Road.
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Doctors secures $25m as it ‘refines’ equity offering
Doctors Hospital has secured $25m from Royal Bank of Canada (RBC) to finance its continued expansion as it works to “refine” its upcoming equity capital raise by “prioritising” three target investor groups.
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PM sounds alarm on EU blacklist's insurance hit
The Prime Minister has joined insurers in sounding the alarm that remittances from European reinsurers on could be "reduced by at least 25 percent" if The Bahamas remains on the continent's tax blacklist.
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ArawakX’s fate now in Supreme Court hands
The Supreme Court will hear arguments from all sides on October 13 as to whether The Bahamas’ first-ever crowd funding platform should be wound-up due to regulatory concerns about its solvency and operations.
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‘Very credible’ Freeport city manager emerges
A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.
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Police quiz more in DRA investigation
POLICE officers from New Providence visited Grand Bahama last week to interview a number of Disaster Reconstruction Authority employees as part of a criminal investigation.
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‘JAZZ’ HITS GRAND SLAM FOR SECOND STRAIGHT GAME: Chisholm Jr and Marlins rout Braves 16-2, sweep series
MIAMI (AP) — Jasrado “Jazz” Chisholm Jr hit a grand slam for the second consecutive game and the Miami Marlins routed the Atlanta Braves 16-2 yesterday to complete a three-game sweep of the NL East champions.
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Anthonique third in the 200, Nairn seventh in long jump
ANTHONIQUE Strachan got off to a slow start but managed to storm back for third place in the women’s 200 metres as the Wanda Diamond League concluded yesterday with the Prefontaine Classic.
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Jonquel posts double double, Liberty top Mystics 90-75 in Game 1 of WNBA playoff series
GRAND Bahamian Jonquel Jones put up a dominant double double performance to propel the New York Liberty to a game one win over the Washington Mystics.
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BGDBA Playoffs: Crimestoppers tie series 1-1, Cybots win game one
THE Police Crimestoppers tied their series 1-1 with the Ministry of Youth, Sports and Culture Panthers.
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Flight simulator business can restart after 4-year Pointe bar
A former tenant at The Pointe should be permitted to “reinvigorate” its business, a Supreme Court justice has ruled, after it was barred by the landlord from accessing vital equipment for almost four years.
