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ITF/COTECC U-12 tennis: Inclement weather halts play for Team Bahamas

TEAM Bahamas had a busy day yesterday in Santo Domingo, Dominican Republic. The tennis players competed in the beginning of the Billie Jean King Cup Americas Group ll tournament, and day three of the ITF/ COTECC U-12 Sub Region 3 competition.

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Gas dealer deal likely ‘by end of summer’

Financial Secretary Simon Wilson indicated on Tuesday that negotiations for a price margin increase with the gas retailers are progressing well and an agreement should be finalised by the end of summer.

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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.

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SPORTS NOTES

THE Royal Bahamas Defence Force, through its title sponsor Fidelity Bank, will hold its annual Fun Run/Walk Race on Saturday, starting at 6am from Goodman’s Bay.

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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.

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FACE TO FACE: Bahamian Diaspora Awards celebrate the story of our people around the globe

BAHAMIANS are known for leaving indelible marks wherever they go. Amazing stories of Bahamians who are excelling in various fields and making a positive impact in their communities come from every corner of the globe.

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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.

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Star rower: Sports can help young bridge the gap

AMERICAN rower Arshay Cooper is spreading the message about opportunities available to young people through sports like rowing.

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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.

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Newton has high expectations for the national tennis teams

BAHAMAS Lawn Tennis Association president Perry Newton said he has high expectations for the final three national teams that will be in competition at their various international events this week in the Dominican Republic.

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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.

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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.

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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.

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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.”

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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.

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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.

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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.”

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$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.

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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.

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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.