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Albany developer charged on ‘brazen insider trading’

The Bahamas-based billionaire who spearheaded Albany’s development was yesterday charged with orchestrating a “brazen insider trading scheme” that allegedly netted millions of dollars in illicit profits for his closest associates.

Roadrunners Track & Field blaze through an epic AAU

ANOTHER track and field season has come to an end with the Roadrunners Track & Field Club blazing their way through an epic performance at the annual AAU Club Championship in Orlando, Florida.

Adrian Gibson’s trial delayed after PLP Protest

THE corruption trial of Long Island MP Adrian Gibson was delayed again after a protest by Progressive Liberal Party supporters caused the judge concern about how their activity could prejudice the case.

Aruba goes home with the gold

ARUBA blanked Puerto Rico 11-0 to win the 12-and-under division of the Babe Ruth Caribbean Championship yesterday at the Baillou Hills Sporting Complex.

Nassau flagship drives 1/3 of parent’s income

Nassau Cruise Port is being hailed as a flagship investment by its controlling shareholder with The Bahamas now accounting for almost one-third of its total group adjusted revenues and operating income.

Reforms to boost financial services industry flexibility

Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.

Court of Appeal rejects Adrian Gibson's constitutional motion

THE Court of Appeal rejected Adrian Gibson’s latest constitutional motion on Friday, paving the way for his corruption trial to begin on Monday.

BPL: From ‘dramatic savings’ to sky-high bills in three years

Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.

AC challenges at Justice Centre ‘being addressed’

SUPREME Court Deputy Registrar Renaldo Toote said the air-conditioning challenges that prompted workers to walk out of the Garnet Levarity Justice Centre in Grand Bahama are being addressed.

Food prices to ‘never return to pre-COVID’

The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”

Musicians hit at ‘second class citizens’ treatment

Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.

Opposition ‘to hammer’ Gov’t on BPL’s $110m

The Opposition’s leader has pledged to “continue to hammer” the Government over the accounting treatment it is using for the $110m loan advanced to Bahamas Power & Light (BPL) to pay off its fuel arrears.

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.

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.

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.

GBPA gives Lucaya Towers South 30 day ultimatum - threatens to revoke occupancy

THE Grand Bahama Port Authority has given an ultimatum to the board of the Lucayan Towers South: provide a plan to fix the complex in 30 days or have your certificate of occupancy revoked.

Andros Chickcharnies take home gold in golf

Grand Bahama Lucayans secure silver, NP Buccaneers win bronze

THE Chickcharnies will carry the sixth Bahamas Games team gold medal home to Andros.

Navigators, Adventurers claim their gold medals

THE Exuma and Ragged Island Navigators along with the Eleuthera Adventurers brought gold to the Family Islands after winning the basketball segment of the Bahamas Games.

Andros Chickcharnies in the lead after day 2

Bahamas Games golf tournament at Ocean Club on Paradise Island

THE Andros Chickcharnies are still holding onto the lead after two days of competition in the 6th Bahamas Games golf tournament at the Ocean Club on Paradise Island.

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Grand Bahama Lucayans secure silver, NP Buccaneers win bronze

Bahamas Games golf tournament at Ocean Club on Paradise Island

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