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Title fraud blocks $29m Exuma deal
The purchase of two Exuma cays, worth a collective $29m, by a US investor has been overturned by the Supreme Court which found the Bahamian vendors obtained ownership of the islands via fraud.
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Ex-minister’s son denies land fraud
A former Cabinet minister’s son yesterday vehemently denied allegations that he played a key role in a land fraud conspiracy involving two Exuma cays worth a combined $29m.
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Key City Markets pension asset faces decade tie-up
A trustee for City Markets employee pension fund yesterday warned that the dispute over its main asset “must be resolved out-of-court” otherwise it will be tied up in litigation for another decade or more.
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Union chief hails ‘very good Gov’t marriage’
A trade union leader yesterday hailed “the very good marriage” that presently exists between the Government and organised labour, adding: “We’re trying to get our country back to where it used to be.”
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Protest of law that doesn’t exist
PROTESTORS, led by the Coalition of Independents, flooded Parliament Square yesterday outraged over what they claimed was the government’s “intention” to advance drafted citizenship bills relating to issues that were initially rejected during the 2016 referendum.
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‘Sick of the principal’ say teachers who skip work
THIRTY teachers at Thelma Gibson Primary School did not report to work yesterday because they are “sick of the principal”, according to Bahamas Union of Teachers (BUT) president Belinda Wilson.
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PM: NOT THE TIME FOR REPUBLIC DEBATE – Discussion can be had after official mourning period ends
PRIME Minister Phillip “Brave” Davis said he does not believe now is the time to start having conversations about the country’s future with the monarchy following Queen Elizabeth II’s death, adding that discussions over the issue can be had after the official mourning period ends.
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Bahamas in ‘better place’ for digital asset regulation
A FORMER Bahamas Financial Services Board (BFSB) chief executive yesterday asserted this nation had “no choice” but to regulate the digital assets industry and was now in a “better place” for doing so.
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Registrar General’s digital ‘pilot’ in early 2023 launch
THE ATTORNEY General yesterday said the Registrar General’s Department will launch a “pilot” digital platform by the 2023 first quarter with the agency possibly being split into two separate sections.
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Bahamas’ growth could drop-off to 2% by ‘24
THE CENTRAL Bank’s governor yesterday warned the Bahamian economy could return to its traditional annual growth rate of 2 percent or less as early as 2024.
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Jones: ‘We are taking it one game at a time’
Jonquel reacts to Game 2 loss
Jonquel Jones and the Connecticut Sun are once again facing a must-win situation to keep their 2022 season alive.
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Bishop claims ‘nasty attack’ as he says police searched church
BISHOP Silbert Mills has condemned what he calls a “nasty attack” levelled against him after police reportedly searched his church in Abaco.
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Increased police presence at school after stabbing
EDUCATION Minister Glenys Hanna Martin revealed yesterday that police have increased their presence at Anatol Rodgers High School in the aftermath of a recent stabbing incident that left a student in hospital.
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Gov’t hit over VAT assistance delays
The Government should “naturally expect the criticism” over its failure to introduce a key social support initiative in time to protect “persons on the margins” from a broad-based VAT, a banker argued yesterday.
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No overnight flight crews in Freeport for 7-8 years
A Grand Bahama hotelier yesterday exposed the depths of the island’s tourism decline by revealing that no regular commercial airline flight crew has stayed overnight at his resort for around seven to eight years.
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AML: $17m will create ‘real power destination’
AML Foods yesterday pledged to “create a real power destination” through a total $17m investment that will place its Solomon’s and Cost Right brands side-by-side at the former’s Nassau SuperCentre location.
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Three-year agreement signed with Customs and Immigration
THE government signed a new three-year industrial agreement with the Bahamas Customs, Immigration and Allied Workers Union (BCIAW) yesterday, approximately valued at $8m.
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City Markets retirees in fresh pension blow
Hundreds of City Markets pensioners were yesterday dealt a new blow after efforts to solve the legal quagmire blocking AML Foods’ $3.36m purchase of its former head office failed despite the latter “giving it a real go”.
