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Central Bank exceeded Govt lending limits at year-end '22

The Central Bank would have massively exceeded its legal lending limits to the Government had the latter's accessing of $232.3m in IMF special drawing rights (SDRs) been included in the 2022 year-end calculation.

GIBSON FAILS IN LEGAL CHALLENGE: Judge rules MP can have fair trial after rejecting arguments

A SUPREME Court judge dismissed Adrian Gibson’s application to stay his corruption trial yesterday, ruling his constitutional rights have not been infringed and that he can have a fair trial even if the Crown’s key witness gives testimony virtually.

‘WE JUST SHOT OURSELVES IN THE FOOT’: Men’s national beach soccer team goalie speaks on Bahamas’ 4th place finish

It’s not every day that an athlete makes a successful transition from one sport to the other.

PM calls for support for Bridgetown finance plan

PRIME Minister Philip “Brave” Davis said it is morally imperative that Caribbean and Latin American countries support the Bridgetown Initiative, a global climate finance plan.

Fiscal year finish is ‘critical platform’ for 78% deficit cut

The Ministry of Finance's top official yesterday said the Government's financial performance over the next two months is "critical" to setting the foundation for a 2023-2024 fiscal year in which the deficit is forecast to be cut by 78 percent.

Promotion Board in 67% website visitor increase

The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.

ONE ELEUTHERA FOUNDATION: Unlocking the power of corporate social responsibility

IN today’s interconnected world, companies are increasingly expected to be socially responsible and accountable for how their practices impact society and the environment. Corporate Social Responsibility (CSR) refers to the concept that a business is responsible for more than just creating value and wealth for shareholders but should also seek to benefit the broader community in which it exists.

Investor forum puts Grand Bahama in the spotlight

THE eyes of the world are on The Bahamas when it comes to investment and conservation, a conference in Grand Bahama heard this week.

Gibson’s ex-fiancee’s virtual testimony ruling Monday

A SUPREME Court judge will rule on Monday whether Adrian Gibson’s ex-fiancee can testify virtually in his corruption trial.

Illegal construction fight has been 'a rank failure'

The Bahamian Contractors Association's (BCA) president yesterday said builders are asking "why should we follow the law" following the country's "rank failure to manage the built environment".

Bahamas trade deficit up $325m at five-year high

The Bahamas' trade deficit expanded by $314.6m or 10.7 percent during 2022 to hit a five-year high of $3.254bn, it was reveled yesterday, as inflation and higher global oil prices caused import costs to soar.

GIBSON WITNESS IN ABUSE CLAIM: ‘Brutal attack’ alleged as ex-girlfriend wants to testify by video link

THE ex-fiancee of Adrian Gibson has alleged that the Long Island MP abused her, prompting her desire to testify virtually in his corruption trial rather than in person.

GB Power solar rates '30% below Caribbean'

Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.

Govt to remove shanty homes via building regulations act

ATTORNEY General Ryan Pinder said the Davis administration would demolish shanty town structures using the process outlined in the Buildings Regulation Act after the Supreme Court failed to deliver a favourable result to the government last week.

Adrian Gibson corruption trial begins

ADRIAN Gibson’s corruption trial began yesterday with his lawyer filing a constitutional motion to force an in-person testimony from a key witness.

Restaurant crowdfunder targeting $2.4m in sales

A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.

WORLD VIEW: Objective journalism threatened by fake content and false media platforms

MEDIA freedom in the Americas, from Canada in the North to Argentina in the South, with the Caribbean in between, did not rank very well in the 2023 World Press Freedom (WPF) Index.

We are the champions

THE sixth edition of the Noble Preparatory Academy’s (NPA) spring classic basketball tournament saw four new champions crowned.

'Improve service quality before rolling out 5G'

Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.

FNM Deputy hits out at amendment to security branch members' medical insurance policy

FREE National Movement Deputy Leader Shanendon Cartwright called government’s amendment to the medical insurance policy for security branch members “disgraceful and heartless”.

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