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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.

‘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.

THE KDK REPORT: The bond between mother and child never disappears

MOST visible scars on the human body represent hypertrophic remnants of a traumatic event. For the fortunate, and those particularly diligent with their treatment, those scars may eventually wane with time. But there’s one scar on all humans that never fade. That’s because this scar, called the umbilicus (navel or belly button) is our body’s centerpiece, constantly reminding us that we were once physically attached to our mother, developing for months within her body.

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.

Juvenile detention facility opened at Bahamas Department of Corrections

GOVERNMENT officials opened a juvenile detention facility at the Bahamas Department of Correctional Services yesterday.

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.

Late realtor's $4.8m Gov't win 'unraveled'

A prominent late realtor's $4.8m legal victory over the Government has been overturned as "a last resort" and sent back to the Supreme Court for a fresh trial more than two decades after he lost use of some 192 acres.

Glory Basketball Jamboree to award $5,000 cash prize

THE Glory Basketball Jamboree made its return to the capital last night for the second consecu- tive year at the Kendal GL Isaacs Gymnasium.  Day one saw basket- ball played by the Tucker Boys, Abaco’s Three Ounce Athletics, Filipinos all-star team, 242 Ballers, the Great Whites, the Ball Hogs, the Pirates and the defending champions Rockets.

FRONT PORCH: While Commonwealth heads are clear, Bahamain leaders fuzzy on remaining under the King

THE coronation of King Charles III evoked another round of debate by countries which retain the British monarch as head of state on whether and when to become republics. There is also renewed discussion on the role the monarchy played in the slave trade, and on reparations.

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.

Families of two men who died in Italy seek answers

THE families of two Bahamian men who died in Italy three years ago under mysterious circumstances have applied to an Italian judge to obtain the investigation file into their deaths, according to Foreign Affairs Minister Fred Mitchell.

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.

FACE TO FACE: The Lindroth family; Bahamian at heart

HE was just 14 months old when he first set foot on Bahamian soil. Walking with the pitter patter that toddlers do, Magnus Lindroth wiggled his toes in the sand and got his feet wet on what is now called Paradise Island. Here, his views of the world would be shaped as he basked in island life.

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