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Price controls useless to fight ‘staggering’ inflation
Price controls will “do nothing” and prove useless against the “staggering” cost increases facing all Bahamians after US inflation yesterday surged to a 40-year high, a businessman is warning.
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Bahamas needs ‘total energy transformation’
The Bahamas’ requires “nothing short of a total energy sector transformation” to revive its economy post-COVID but faces massive “barriers” to achieving this, a multilateral lender has warned.
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IDB’s 37% digital woe ‘totally different’ now
A digital payments provider yesterday said a survey that found 37 percent of Bahamian firms have challenges accessing electronic payments would have “a totally different result” if done today.
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Sir Godfrey Kelly dies age 93
SIR Godfrey Kelly, KCMG, 93, died at his Eastern Road home at about 10.30am yesterday shortly after eating breakfast.
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‘I’ve nothing to fear from DRA auditors’
TYCOON Waste Management Company’s Ed Curling was on the defensive yesterday as he issued a full-throated rejection of claims that the work he did to clean up portions of Grand Bahama was overpriced and not up to standard.
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University partnership with Saylor Academy
UNIVERSITY of The Bahamas has forged a partnership with Saylor Academy, an open access education provider, to increase pathways to higher learning and professional development.
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NFL wide receiver Mike Strachan returns home
Mike Strachan is spending a part of his offseason back home and is optimistic about both his role in the NFL and his future impact on the development of football in The Bahamas.
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New US Embassy ‘about 60 percent’ to completion
THE new United States Embassy compound on Shirley Street is about 60 percent complete, according to project director Stephen Ziegenfuss.
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Commercial properties: 70% behind on taxes
Some 70 percent of commercial properties are in arrears on their real property tax payments, it was revealed yesterday, although a “high proportion” of Bahamian homeowners are compliant.
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Jonquel Jones and BIH set for World Cup qualifier in Japan
JONQUEL Jones leads Bosnia and Herzegovina (BIH) into the FIBA Women’s Basketball World Cup Qualifying Tournament this weekend in Osaka, Japan.
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NCAA basketball: McCoy gets top honour, Bastian sets career high
MALACHI McCoy received a weekly honour as the top player in his conference and Lathaniel Bastian scored a new career high to highlight play from Bahamian student athletes in NCAA Division II basketball.
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Bahamas Kidney Association calls for support
THE Bahamas Kidney Association is in need of support as the group aims to raise public awareness in the ongoing fight against kidney disease which they say is on the rise.
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High school baseball players get in line for season opener
WHILE there have been a number of local players signing professional baseball contracts over the past few months, a number of international players are looking forward to their high school season opener this weekend at the same school.
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FACE TO FACE: Robin’s making waves to help children in need
MILLIONS of people around the world visit The Bahamas and end up falling in love with this country and its people. Many are repeat visitors, captivated by these balmy isles. Some have decided to take up permanent residence and call this place home. But few are the people who come and take a special interest in making a difference in the lives of the Bahamian children who may need their help the most – those in the inner city.
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Fund’s record $75m inflow builds RF Bank ‘war chest’
A Bahamian investment bank yesterday said it expects to match last year’s record $75m inflow into its fixed income fund and further build a “war chest” to deploy as possibilities emerge in 2022.
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IDB pledged $59m Bahamas savings through guarantee
The Bahamas would save $59m per year via a $200m guarantee from the Inter-American Development Bank (IDB) to underwrite a proposed foreign currency bond issue, it has been asserted.
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Condo hotel targets September opening
A Goodman’s Bay-based condo hotel is “aiming” for a September opening with over 85 percent of the units already sold, the project’s developer said yesterday.
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Twelve-year-old Finley Lambert sails away with Optimist National Championship title
AFTER returning since it was postponed in 2021 due to the coronavirus pandemic, 12-year-old Finley McKinney Lambert clinched the Optimist National Championship title in the waters of Montagu Bay.
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Bahamas sees $900m boost from marine areas expansion
The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.