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Insurer warnings over 15-20% premium hike
Bahamian households and businesses were yesterday warned insurance premiums could increase “across the board” by 15-20 percent this year as underwriters pull back from covering waterfront and Family Island risks.
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PROBE INTO DEATH OF MOM-OF-3: Father in tears as claims made of hospital negligence
AN investigation has been launched into the death of Kenise Darville, a mother-of-three who died days after posting a heart wrenching video on Facebook about the alleged negligence and poor healthcare she experienced at Princess Margaret Hospital.
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Grace Komolafe qualifies for CARIFTA in the high jump
ALTHOUGH she competed in a younger age group, Grace Komolafe emerged as the lone qualifier for the 2023 Golden Jubilee CARIFTA Games at the DTSP Wolfpack Track and Field meet at the Thomas A Robinson National Stadium on Saturday.
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DEREK SMITH: A firm’s greatest assets can also be major risk
People can be a company’s most valuable asset if well-managed, but also represent a significant risk. Defending, equipping and motivating this critical asset requires human resources (HR) and risk management to break down silos and collaborate. To address the inherent risk posed by human capital, a human resources/ employee risk assessment must be considered.
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Water Corp’s $84m taxpayer subsidy three times’ budget
TAXPAYER subsidies to the Water & Sewerage Corporation in 2022 hit $84m, more than three times the sum budgeted, as the state-owned utility seeks to develop a plan that makes it financially viable.
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2022 mixed for Out Island resort targets
FAMILY Island resorts experienced a mixed 2022 in terms of hitting their collective targets as they closed in on a return to pre-COVID business volumes, a top tourism official has confirmed.
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FTX: False statements were made to ‘diminish’ Bahamas
A former FTX senior attorney yesterday alleged that “false statements” were made in legal filings to “diminish” The Bahamas after the crypto exchange was advised this nation should be the main venue for its liquidation.
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Downtown revival strategy ‘fell short’
Plans to revive downtown Nassau “fell short” because not enough focus was placed on the redevelopment of waterfront properties by their owners, Nassau Cruise Port’s chief executive admitted yesterday.
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100 youths enlist in guard scheme
NEARLY 100 young people from throughout the country that have enlisted in the Bahamas National Youth Guard programme are in Grand Bahama for three months of training at the Police College in Freeport.
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Scotia: 95% gone online amid ‘lousy’ service claim
SCOTIABANK (Bahamas) will this year test mobile banking technology capable of serving all Family Islands, its top executive said yesterday, with 95 percent of customer transactions now conducted online or at ABMs.
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Cavaliers: ‘We are like that’
Mt Carmel senior boys basketball team earn 47-45 win over Akhepran in double overtime
COACH Wilton Johnson and his Mt Carmel Preparatory Academy Cavaliers senior boys’ basketball team had something to prove last night at the Hope Centre.
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Sand Dollar rout Zulu Media 96-64, Cyber Tech top Mekaddish Millionaires 82-80
THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Wednesday night.
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Police chief concern over bail decisions
POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.
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Bahamas must ‘bite demon in butt’ over food insecurity
The Bahamas must “bite the demon of food insecurity in the butt”, an agriculture entrepreneur urged yesterday, after it was revealed that close to one in five residents recently suffered from limited access to food.
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‘Not competitive’: Marina boss sees 20% Xmas fall
A Nassau marina operator yesterday blamed increased taxation for a near-20 percent decline in Christmas yacht traffic, and warned: “We’re not competitive with anywhere else in the Caribbean.”
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Briland resort enjoys 33% revenue surge
A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.
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Gibson Jr prepares for England
BY virtue of making the cut for the 2023 Latin American Amateur Championships in Puerto Rico, Richard Gibson Jr has secured a berth in the British Amateur Championship.