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Bahamas First unveils Cayman woes probe

Bahamas First has assigned its non-executive directors to probe woes that resulted in regulators threatening to bar its Cayman affiliate from writing new life and health insurance business.

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'Incalculable' value from Bahamas' 176 wrecks

A Bahamas-based underwater explorer says the value to this nation's underwater cultural heritage from the 176 extra ship wrecks identified within its licence area is "incalculable" and "cannot be measured in dollars".

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FTX Bahamas: Only we can pursue void payouts

FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.

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Not all questions answered on Long Island plane crash

AIR accident investigators found that “loss of power resulting in a loss of control inflight” caused a plane crash in Long Island last year that resulted in a woman’s death.

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Father’s Day treat in Williams bout

RASHIELD Williams, fighting his first eight round bout of his professional career, went the distance to pull off a decision on points over Ramon de la Cruz Sena from Argentina on Saturday night.

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Baha Juniors take home Hummel title

The Baha Juniors women’s team will now join the Western Warriors men’s football club (FC) as Hummel Cup title winners. The team secured their championship hardware after defeating the defending champions, United FC at the Roscow AL Davies new soccer field.

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Jonquel Jones posts first double-double of the season

The Bahamas’ Jonquel Jones posted her first double-double of the Women’s National Basketball Association (WNBA) season this past Sunday. Jones also turned in her second highest point total of the season as the second leading scorer in the New York Liberty’s win against the Phoenix Mercury. Although the Liberty team was without their All-Star guard Sabrina Ionesecu, the third-seeded team routed the Mercury 89-71.

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Full Speed ahead for Bahamians

Bahamian athletes collected a few gold medals at the inaugural Speed Capital International Championships. The three-day meet got underway on Friday and wrapped up on Father’s Day at the Thomas A Robinson. Speed Capital hosted 600 athletes between 72 clubs from seven countries outside of The Bahamas. Competitors from ages 5-18 put on a show for Grenada, Aruba, Trinidad and Tobago, Jamaica, Canada, United States of America, and Barbados.

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Gaither is battling back

AN illness she sustained at the end of last season has prevented veteran sprinter Tynia Gaither from competing in any meets so far this year on the international circuit.

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DEREK SMITH: Uniting to battle modern slavery

In celebration of June 19, an historic date in history that marked the abolition of slavery in Texas, financial crime professionals are grappling with a different but uncomfortably similar problem: Modern day slavery and human trafficking.

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Gov't to 'unleash' $200m Water Corp investments

An MP yesterday said the Davis administration is poised to "unleash" the most ambitious capital investment initiative ever by the Water & Sewerage Corporation with $200m earmarked for 80 projects over a five-year period.

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Man on bail for murder charge faces firearm, ammunition charges

A MAN who was recently granted bail for murder is once again behind bars after he was accused of possession of a firearm and ammunition on Friday.

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Clubs & Societies June 16th, 2023

The Alpha Kappa Alpha Sorority, Incorporated, Pi Upsilon Omega Chapter in Grand Bahama celebrated its 36th anniversary of sisterhood and service.

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3,000 already signed up for upcoming Bahamas Games with $4m price tag

THE Davis administration plans to spend at least $4.2m to host the first Bahamas Games in over 20 years, according to Youth, Sports & Culture Minister Mario Bowleg.

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Charities asked: Do you hold any of FTX’s $5.4m?

FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.

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‘Not scratched 10%’ of fly fishing potential

The Bahamas has “not even scratched 10 percent” of the fly fishing industry’s economic potential, it was asserted yesterday, amid “urgent” calls for it to rapidly increase guide numbers to “catch up” with rivals.

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Andros shipper ‘exceeds every financial projection’

An Andros shipping company, which in summer 2021 was hailed as the largest recipient of financing arranged through the Small Business Development Centre (SBDC), yesterday said it has “beaten every financial projection” since launching.

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FTX Bahamas warns of $143m US DOJ battle

FTX’s Bahamian liquidators say it is increasingly likely they will have to battle the US Justice Department in the courts to recover $143m given that prospects of an amicable resolution have become “more remote”.

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44 percent of students need ‘urgent intervention’

A LEARNING loss survey found that 44 per cent of public school students require urgent learning intervention, Education Minister Glenys Hanna Martin said yesterday.

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‘We knew’ prison would fail accreditation bid

DOAN Cleare, the acting commissioner of corrections, admitted yesterday that the Bahamas Department of Correctional Services failed an accreditation inspection earlier this year, saying officials knew the prison would “fail miserably”.