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Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
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STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
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BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
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DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
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Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
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Best-of-3 championship series to begin today
GOVERNMENT SECONDARY SCHOOLS SPORTS ASSOCIATION SOFTBALL & BASEBALL
The Government Secondary Schools Sports Association will begin its best-of-three softball and baseball championship series today at the Baillou Hills Sporting Complex, although there’s still some unfinished business to be completed before it all unfolds.
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Fourth annual Caribbean Baseball Cup is coming to The Bahamas
WITHIN days, the prestigious Caribbean Baseball Cup will stage its fourth annual competition on Bahamian soil, thanks to the Bahamas Baseball Association.
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Keys handed over to Pinecrest homes
PRIME Minister Philip “Brave” Davis yesterday presented the keys to new homes in the Pinecrest subdivision to 18 government, private sector and essential workers.
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More than 60 boats expected in 5th Best of the Best Regatta
WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.
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Timeless Gold
ActivTrades
THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.
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Albury and Greene lead Chipola to no.6 ranking
DEYTON Albury and Paul Greene have led Chipola to a no.6 national ranking while the Bahamian contingent at Northeast Community College continues to put up major numbers in their sophomore campaign.
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‘Not out of woods’ despite lowest deficit for 10 years
The Prime Minister yesterday warned Bahamians “we are not yet out of the woods” as he hailed the lowest first quarter fiscal deficit “in more than ten years”.
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King and Bluejays undefeated so far
FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.
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Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
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FACE TO FACE: Success and challenges for two pharmacy industry forerunners
TWO phenomenal women, both forerunners in the Pharmacy industry in the Bahamas, shared their stories with me this week. We spoke of their journey to success, and the challenges along the way, including the most recent hurdle, which led them to join with pharmacists throughout the country for a shocking one-day closure of pharmacies.
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VAT’s ‘real’ 15% rise since January’s cut
The Davis administration last night said real VAT revenues increased by 15.1 percent year-over-year following the New Year’s Day rate cut with the deficit for the 2022-2023 fiscal year’s first quarter slashed by $116.4m.
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Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
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Boxing team heading off
WITH the 27-member team already reduced because of the lack of funding, Bahamas Boxing Federation President Vincent Strachan said he’s confident the remaining 10 boxers will get the opportunity to travel this week to Kissimmee, Florida.
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Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
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INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
