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Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
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Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
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‘Increased criminality’ drove 6% suspect reporting growth
THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.
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Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
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Nine Bahamian collegiate tennis players get prepared for fall season
BAHAMAS Lawn Tennis Association collegiate tennis athletes are getting prepared for the 2022-23 season and a number of the players have seen pre-season action with their respective colleges.
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Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
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‘Ministry addressing flooding issues’
WORKS and Utilities Minister Alfred Sears said his ministry is addressing flooding issues at Carlton Francis Primary School after photos showing students walking through floodwater to enter the school’s premises circulated online this week.
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Adrian Gibson’s lawyer pushes for another justice
THE lawyer representing Long Island MP Adrian Gibson in his corruption trial continued to push for his case to be transferred to another justice.
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A job well done in first year in office
Many Bahamians seem to believe that I, Ortland H. Bodie Jr., am or maybe an unconstructed and unapologetic member and supporter of the iconic Progressive Liberal Party (PLP). I suspect that some of them may be correct. That, even if it were so, would never influence my financial or political acumen and judgment. I call a spade a spade and fear only The Lord Jesus Christ and in a good way.
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Hurdler Shamar Sands’ bronze medal upgraded to silver
TWENTY years since his achievement, Shamar Sands had his 2002 World Junior Championships bronze medal in the men’s 110 metres hurdles upgraded to the silver after Chinese athlete Shi Dongpeng was stripped of his medal because it was discovered that he was too old.
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Just two diseases cost taxpayer $35m
Just two diseases consume more than one out of every six dollars in the Government’s annual health budget, it was revealed yesterday, with its public clinics facing an “extraordinary requirement for improvement”.
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Hurricane Ian could bring heavy rainfall
THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.
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Wanted suspect shot dead by police
POLICE shot a wanted suspect dead in Gamble Heights yesterday afternoon after he allegedly pulled a gun on officers.
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MP Adrian Gibson back in court today
LONG Island MP Adrian Gibson will be back in court today over corruption allegations before Justice Cheryl Grant-Thompson despite his lawyer’s objection to the move.
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Man faces fraud charges
A MAN was charged in a Magistrate’s Court yesterday for allegedly defrauding scores of people of more $50,000 under false pretences over the course of a year.
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Hield optimistic about potential of pacers’ young core
CHAVANO “Buddy” Hield was the focus of trade rumours for months, but after his first offseason as a member of the Indiana Pacers, the veteran guard is optimistic about the potential of his team’s young core for the 2022-23 campaign.
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Jones: ‘With my athleticism, I can have a two-way impact’
THE Charlotte Hornets have a stacked depth chart in the frontcourt headed into the 2022-23 campaign but Kai Jones looks to use his versatility to take advantage of every opportunity in year two.
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PM TOLD EU THREE TIMES: WE’LL RESOLVE CONCERNS – Accusations Gov’t ‘dropped ball’ on new blacklisting
The Prime Minister signed three letters promising the European Union (EU) that The Bahamas would address - within the required deadline - the very concerns that have resulted in the country’s imminent ‘blacklisting’.
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Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
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Marlins sweep Titans, make it to finals
ACE pitcher Thomas Davis liked what he saw from his Sigma Blue Marlins as they swept aside the Atlantis Titans in two straight games to advance to the New Providence Softball Association men’s championship series.
