Story
PM: Gov’t demanding Port Authority repay excess cost
The Prime Minister yesterday accused the Grand Bahama Port Authority (GBPA) of failing to repay costs the Government has incurred in providing public services in Freeport despite being billed for these expenses.
Story
PM: COVID lockdown led to employment shrinkage
The Prime Minister yesterday blamed the former Minnis administration’s COVID lockdowns and other restrictions for the shrinkage in the workforce and number of employed Bahamians amid a bitter House of Assembly row.
Story
Opposition chief warns over bidding ‘suspicion’
The Prime Minister yesterday defended the award of two multi-million dollar contracts amid charges by the Opposition’s leader that handling of the bid process “opens up every company to suspicion”.
Story
Bank urges ‘level playing field’ creation for lending
A BISX-listed bank is calling for regulatory reforms that will create a “level playing field” between supervised and non-traditional lenders over providing credit to Bahamian borrowers.
Story
BPL confirms load shedding exercises in New Providence
BAHAMAS Power and Light confirmed yesterday that it started load-shedding exercises because of challenges to several power stations in New Providence.
Story
FTX says ex-official got $1m bonus for permits
An attorney and “former Bahamian government official” was allegedly offered a $1m “bonus” to swiftly obtain the necessary licences so that FTX could move to this nation, it was asserted yesterday.
Story
Man denied bail while facing 14 firearm-related charges
A MAN is behind bars after allegedly possessing ten illicit firearms and over 100 rounds of ammunition which were recovered in a raid on a courier company last week.
Story
PM says Gov't on pace to hit balanced Budget
The Prime Minister yesterday asserted that the Government remains on track to achieve a fiscal surplus and balanced Budget in 2024-2025, adding: "Revenues will continue to go up, and deficits will continue to go down."
Story
'Most Bahamians can't evade their tax liability'
The Prime Minister yesterday reassured that the Government's real property enforcement efforts are targeted at foreign homeowners and businesses rather than Bahamian families.
Story
Work permit crackdown promise is 'empty words'
The Bahamian Contractors Association's (BCA) president yesterday branded as "empty words" the Prime Minister’s latest promise of a work permit crackdown and said he will believe it when he sees it.
Story
Private sector mixed on jobless reduction
Bahamian businesses yesterday gave mixed views over recent unemployment data which revealed that, while the jobless rate declined to 8.8 percent, both the workforce's size and number of persons employed shrank.
Story
Bahamas Baseball Association’s G-Ball Nationals a success
BAHAMAS Baseball Association secretary general Theodore ‘Teddy’ Sweeting said the G-Ball National Baseball Championships was termed a success over the weekend.
Story
THE KDK REPORT: Along the banks of Mangrove Cay
LOCATED 20 miles west of New Providence and spanning 104 miles long by 40 miles wide, Andros is by far the largest island in The Bahamas.
Story
Unemployment rate drop labelled a 'smokescreen'
The Opposition's finance spokesman last night argued that the 8.8 percent unemployment rate, the lowest for 15 years, is a "smokescreen" that masks the "significant" reduction in the labour force's size and number of working Bahamians.
Story
'World has changed': IBCs taxed on foreign earnings
Bahamas-domiciled International Business Companies (IBCs) will have to pay tax on their overseas earnings from New Year's Day 2024 in an historic first for this nation, a senior official confirming: "The world has changed."
Story
RF fund's $120m excess is 'good problem to have'
A Bahamian investment bank says its largest mutual fund is receiving investor subscriptions as fast as it can invest them, branding the situation as "a good problem to have".
Story
Mitchell says foreigners must pay share or leave
REFERRING to cruise lines and Lyford Cay residents, Foreign Affairs Minister Fred Mitchell said it is time foreign nationals “pay their fair share or go elsewhere”.
Story
Kitchen staff at hospital hold sit-out over issues
DISGRUNTLED employees of the kitchen department in Princess Margaret Hospital staged a sit-out on Friday because of an air-conditioning malfunction and staff storage.
Story
CCA: Reverse Baha Mar sabotage 'in its entirety'
Baha Mar's contractor is seeking to overturn "in its entirety" a New York judge's verdict that it sabotaged Baha Mar's completion and orchestrated Sarkis Izmirlian's removal as the project's developer.
Story
JBLN stun Freedom Farm
In one of the most dramatic comebacks at this year’s Bahamas Baseball Association’s G-Ball National Baseball Championships, the Junior Baseball League of Nassau stunned Freedom Farm to clinch the 14-and-under divisional title.