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Water Corp’s debt to main supplier up $7m
The Water & Sewerage Corporation is taking “about as much water” as its main BISX-listed supplier can produce even though its debts to the latter rose 41.5 percent during the 2023 third quarter.
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Gov’t eyes purchase of Freeport’s Bazaar
The Government is exploring the potential acquisition of Freeport’s derelict International Bazaar site as the location for its proposed African-Caribbean products marketplace.
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ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
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Up to $100m targeted in Abaco ports investment
The Government is eyeing a combined $100m investment to transform Abaco’s two commercial shipping ports into facilities that meet global best practices and standards.
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CARIFTA water polo gold, bronze
Bahamas under-14 co-ed team bringing home the medals
With some highly- spirited performances, the Bahamas under-14 co-ed water polo team captured a gold and bronze medal at the CARIFTA Championships over the weekend in Miami, Florida.
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‘This war is against Hamas’
Why is there a war in Israel right now? What are they fighting for and why is it so different from things that happened there in the past?
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DIANE PHILLIPS: Amazing success stories of Romer Street, Fox Hill
THERE’S a tree-lined street in the historic neighbourhood of Fox Hill that is much like many tree-lined streets in Nassau. Tall sapodilla trees with outstretched limbs nestle kids who climb them to pick the sweet, brown-skinned fruit. Youngsters who scramble up the tree know if they do not get to the season’s offerings first, the limbs will unburden themselves of the heavy load and once a dilly falls from high up it will splat on the ground, spilling the sticky filling and dark seeds.
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Romer defends criticism that Bahamians are not benefitting from increase in cruise visitors
DESPITE recent criticism that Bahamians are not benefitting from this year’s increase in cruise ship passenger arrivals, Dr Kenneth Romer, deputy director general of the Bahamas Ministry of Tourism and Aviation, said yesterday this is not what he has seen.
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Parking ‘satisfied’: Wynn penthouse project is go
The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.
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Sam Bankman-Fried ‘wants to be heard’ in FTX Bahamas wind-up
FTX’s founder says he “wishes to be heard” at today’s Supreme Court hearing on the winding-up petition intended to place the crypto exchange’s Bahamian subsidiary into full liquidation.
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Gov’t denies BPL $5 late fee plans
The Government yesterday said it has “no intention of allowing Bahamas Power & Light” to impose an extra $5 charge on late-paying consumers and further burden struggling households.
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Lynes says she is ‘more than qualified’ to be chairman
PLP deputy chair Robyn Lynes says she is more than qualified for the position of party chairman despite the Prime Minister’s recent comments that he doesn’t support her candidacy for the role.
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Bahamas Water Polo team off to CARIFTA
WITH a chance to compete with some additional teams from the Florida area, the Bahamas will join three other teams from the Caribbean to participate in the 2023 Under-14 Co-Ed CARIFTA Water Polo Championships.
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Water Corp ‘pursuing’ capital works finance
The Water and Sewerage Corporation plans to pursue loan and financing programmes to fund capital works throughout The Bahamas after completing its corporate business plan, it was revealed yesterday.
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FRONT PORCH: A national lottery can help Bahamians in countless ways
IN our 50th year of independence, the national debt remains a source of deep concern, with state resources stretched across our archipelago. The country remains at risk of downgrade from various rating agencies. The debt will worsen with the next major hurricane, pandemic and/or financial crisis.
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EDITORIAL: BPL albatross around govt’s neck
BAHAMAS Power and Light may just be the albatross around the neck of this government.
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UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
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FTX Bahamas signals fresh Ray ‘progress’
FTX Bahamas’ liquidators and their US adversary yesterday suspended all scheduled legal filings as they bid to resolve their dispute outside the courtroom.
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‘UP WAGE TO $350 - OR RISK STRIKES’: Unions agree to take vote as the call for minimum pay raise
A labour leader yesterday called for a further minimum wage hike to $350 per week by June 2024 as he revealed that multiple trade unions have agreed to each “take a strike vote”.