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Sandals insulated from Stewart family’s battle
THE Sandals resort chain’s governance and management will not be impacted if the trustee overseeing its late founder’s estate and a $334m cash pile are removed, the Chief Justice has ruled.
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Bahamas cool over IMF interest rate rise nudge
THE Bahamas has reacted coolly to persistent nudging from the International Monetary Fund (IMF) that it should raise short-term interest rates to narrow the gap with those in the US.
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Businesses wait over two months for bank account
BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.
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Hotel industrial deal ‘in need of a miracle’
THE Government’s labour director yesterday said “it’s becoming obvious there now needs to be a miracle” to secure an industrial agreement for the hotel industry after Friday’s talks ended in “stalemate”.
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Iconic ballet company to headline two shows at Old Fort Bay’s Great Lawn
For two nights only, some of the world’s most iconic ballet dancers from one of the most revered ballet companies will headline two dynamic shows of grace and precision set on the Great Lawn of Old Fort Bay Club for ‘Iconique’ Dinner Ballet Gala.
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Munroe says Moncur and Reid were never contracted as interrupters
NATIONAL Security Minister Wayne Munroe said Rodney Moncur and Carols Reid were never contracted to be violence interrupters, apparently contradicting comments Office of the Prime Minister communications director Latrae Rahming made in 2022.
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‘Devoted father’ one of two men murdered on weekend
A DEVOTED father was killed yesterday morning in what his sister said was a case of the wrong person being shot.
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HUNDREDS ORDERED: GET OUT OF SHANTIES – 400 notices issued for three unregulated Abaco communities
MINISTRY of Works officials have issued over 400 eviction notices across three shanty towns in Abaco, setting the stage for one of the largest shanty town demolition exercises in the country’s history.
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FIBA: Kai jones to play for the bahamas again
BAHAMAS Basketball Federation executive Moses Johnson said they’re excited that Kai Jones will be the centrepiece for the men’s national basketball team when they play in the first window of the FIBA AmeriCup 2025 Qualifier.
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More athletes qualify for CARIFTA
A beautiful Saturday at the original Thomas A Robinson Stadium was perfect for the athletes to turn in CARIFTA-qualifying performances at the 2024 Star Performers Track Classic.
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GSSSA: Rattlers close out season strong
THE CI Gibson Rattlers senior girls and boys closed out the Government Secondary Schools Sports Association (GSSSA) basketball regular season in good standing on Friday.
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Gov’t deserves fiscal praise but should now look to IMF
The Bahamas is now three years into a recovery from the devastating effects of Hurricane Dorian and the COVID-19 pandemic, which hit the country only four months apart in 2019- 2020 and wreaked havoc on the economy.
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Good start
ActivTrades
Strong big-tech balance sheets lifted Wall Street into positive territory at the end of last week. However, disappointment over the latest US labour market report limited gains.
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Man shot dead in Nassau Village
Police are investigating after a man was shot dead in Nassau Village on Sunday morning.
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DIANE PHILLIPS – DOES THE ANTI-CRIME MOVEMENT LIE IN THE PEOPLE MOVEMENT? For each a parcel of land, for the nation a new way forward
The headlines screamed across front pages, disrupted business and split an already fractured nation into silos.
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Rastafarians with small quantities of marijuana see decline in arrests
RASTAFARIAN Priest Rithmond McKinney said arrests of Rastafarians with small quantities of marijuana has declined.
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Fines waiver huge relief following tax portal ‘hell’
BAHAMIAN businesses yesterday branded the Government’s pledge to waive fines for late payments and filings due to its tax portal’s woes as “a huge relief” after suffering “hell” trying to comply.
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Hotel dispute parties ‘stand down’ for talks
THE two sides in the hotel sector’s industrial dispute yesterday “agreed to stand down” from taking any disruptive action before further talks set for 5pm today.
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Ministers refute concerns on PharmaChem chemicals
CABINET ministers have refuted an Opposition MP’s concerns over the storage of hazardous chemicals and materials at the PharmaChem plant following its mid-January closure.
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What’s the big secret on NIB rate increase?
BAHAMIAN businesses are urging the Government to reveal the magnitude of July’s impending National Insurance Board (NIB) rate increase, with one asking: “What’s the big secret?”
