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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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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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BOB rejects $33m ArawakX demand
The Securities Commission was yesterday accused of “callous disregard” for ArawakX’s interests by allegedly interfering with its demand for a $33m settlement from Bank of The Bahamas.
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‘Superman’ has high hopes for future of athletics
OLYMPIC bronze medallist Leevan “Superman” Sands made an appearance at the National Sports Awards on Saturday evening and expressed high hopes for the future of athletics in The Bahamas.
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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”.
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Deyton Albury looks to bounce back after loss
Just misses triple double in his NCAA Division 1 debut
After waiting all of his life to finally get to make his debut in a division one game, starting point guard Deyton Albury said he was taken aback by the bright lights and the atmosphere last night inside the Cam Henderson Center in Huntington, West Virginia.
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Forward Sammy Hunter and Akron Zips win season opener
SAMMY Hunter, fitting in quite well into his new environment, was among five players in double figures as the University of Akron Zips men’s basketball team blew past South Dakota State 81-75 in a road victory to begin the 2023-24 season on Monday night in Brookings, South Dakota.
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Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
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Despite health concerns, possibly due to mould, Ministry of Grand Bahama remains open
STAFF at the Grand Bahama Ministry has been experiencing health issues due to the presence of mould at the Harold DeGregory Government Complex Building on the Mall.
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Kool Acres demolition begins in wake of shanty town blaze
AS the demolition crews moved into Kool Acres shanty town yesterday, resident Souvenance Similien watched, hoping to reclaim the abandoned car he calls home.
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DEMOLITION GOES ON DESPITE SHANTY FIRE: No casualties reported but cause of blaze is still being investigated
DEMOLITION of the Kool Acres community will still proceed today despite the blaze that tore through the shanty town on Saturday engulfing more than 70 homes and destroying numerous belongings and personal items.
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Swimming, athletics receive top honours at National Sports Awards
OVER the weekend, the swimming and athletics disciplines took home a majority of the awards at the Ministry of Youth, Sports and Culture’s National Sports Awards.
