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Bahamas bank’s account seized over $58.5m ‘pig butcher’ scam

A Bahamian financial institution yesterday asserted it “has been proactively co-operating” with a US Secret Service probe that seized its bank account on the basis that $58.465m in fraud proceeds were laundered through it.

Monitoring system blamed for man’s death on bail

RELATIVES of a man killed at a nightclub in Fox Hill believe he would be alive if the ankle bracelet system that monitors people on bail worked better.

Deandre Ayton ‘thinking about’ playing for the national team

BAHAMIAN professional National Basketball Association (NBA) player Deandre Ayton remains undecided on his decision to play with Team Bahamas at the FIBA Olympic Pre-Qualifying tournament in Argentina.

Fire Services camp could save a life

The Royal Bahamas Police Force Fire Services is holding its first summer programme under the theme ‘Creating Safer Communities by impacting our youth through Fire Prevention’.

Abaco camp marks 50th year

The Abaco Youth Camp at Assemblies of God in the Bahamas including the Turks and Caicos, also known as Camp Abaco, is celebrating its 50th anniversary this year as the country celebrates its 50th year of independence.

Karters show skills at Bahamas Games

Members of the Edukarting Bahamas team were present at the Bahamas Games to display their skills and introduce Family Island visitors to the sport.

BPL’s 71% cost hike branded ‘outrageous’

Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”

$700m external loan goal ‘looking very favourable’

The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.

Supply ‘challenges’ freeze ice supplies

Food stores and gas stations yesterday blamed supplier woes for ice shortages that impacted New Providence amid searing heat over the weekend.

Jobs and prices fear over electric costs

GROCERS may raise food prices and gas retailers are promising to lay off staff as some businesses see a 70 per cent increase in electricity costs this summer.

Athletes reflect on 6th Bahamas Games - a Golden Jubilee event

WITH Saturday marking the end of the basketball segment of the 6th Bahamas Games, eight athletes were able to stop and reflect on how they felt coming into the games and their excitement going up against the other islands.

Central Bank 'agrees' on $232m IMF SDR roll-over

The Central Bank has "agreed to roll over" the $232.3m IMF special drawing rights (SDR) financing it provided to the Government as part of the latter's 2023-2024 borrowing plan, it was revealed yesterday.

BPL bills 'like a mortgage'

The Bahamas Society of Engineers (BSE) president yesterday described Bahamas Power & Light (BPL) bills as being “almost like a mortgage now” as households and the private sector struggle to cope with the increased expense.

Further $2m invested to combat pot holes

The Ministry of Works yesterday said it is investing a further $2m to combat pot holes plaguing New Providence's road network after recent heavy rainfall merely worsened the hazards facing motorists.

WORLD VIEW: Haiti urgently needs a genuine and representative transitional government

HAITI’S non-elected President, Dr. Ariel Henry has been identified as a significant part of the current crisis in Haiti. Henry and a small clique, who surround him, are hardly running the affairs of the state. Indeed, as armed gangs control more than 60 per cent of Port-au-Prince and the main corridors throughout Haiti, the disappearance of the state is obvious.

Vox pop: What is your hope for The Bahamas’ next fifty years?

AS The Bahamas has reached its 50th anniversary, attention turns to what will come in our nation’s next half century.

INSIGHT: Sound policy decisions over soundbites to tackle crime

A RECENT spate of shocking crimes – including sex attacks against elderly women – has prompted some familiar talk. We must be tougher on crime, tougher on criminals. Perhaps so – but in our reaction, we appear to be falling into an old trap of seeking to carry out action, any action, without regard to whether or not it really works.

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