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Governance reformers raise anti-corruption Bills ‘concern’

A governance reformer says the omission of anti-corruption legislation from the Speech from the Throne “raises some concerns” about the Government’s upcoming legislative agenda.

Electricity bill doubling ‘holds back everything’

An Abaco poultry farm says high electricity costs are “holding back everything” after its light bill doubled to $14,000 over the summer.

UK trade mission’s $1.3bn deals forecast ‘conservative’

Organisers of the first UK trade mission to The Bahamas in 20 years say the possibility it will yield some $1.3bn worth of business deals is “conservative” given the multiple opportunities that arose.

Is good news really good news?

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Despite the tight monetary policy, the boom in the US job market continues unabated and is once again fuelling concerns about further interest rate hikes among financial markets players. A total of 336,000 new non-farm jobs were added, almost twice as many as many economists had expected. In addition, according to revised government data, there were around 120,000 more jobs in August and July than initially reported.

ABACO BOAT ACCIDENT UPDATE: Search and rescue efforts discontinued, all persons accounted for

MONDAY UPDATE: The search and rescue efforts have been discontinued as all persons have been accounted for. Additionally, the persons who sought medical attention in New Providence were treated and discharged. Passengers on board the vessel were Bahamians, Haitians, Guyanese, and Hispanics.

PM pays tribute after death of Mitzie Turnquest

MITZIE Turnquest, a director of the Bank of The Bahamas, died on Saturday after several days of treatment in hospital.

Eric Wiberg – Taxied to beach, hit trees and sank

TAXIED to beach, hit trees, and sank: these seven words encapsulate a bad day for a dozen men.

‘Irresistible inference’ ArawakX misused client funds to pay bills

ArawakX’s use of a loan from its largest investor to pay sums due to crowd-funding issuers and subscribers creates “the irresistible inference” it was using client funds to cover operating expenses, regulators charged yesterday.

Many petroleum retailers 'close to giving keys back’

Multiple Bahamian petroleum retailers were yesterday said to be on the verge of “closing the doors and giving the keys back” within a month unless the Government finally delivers on a margin increase.

Regulator: ArawakX portal provider owed $28k debts

ArawakX’s assertion that it faces no creditor demands is contradicted by complaints it has failed for months to settle a $28,000 bill due to the firm that serviced its crowd-funding portal, regulators alleged yesterday.

Stem cell overhaul ‘no game changer’

The Free National Movement’s (FNM) chairman yesterday said the Government’s plans to overhaul the Stem Cell Therapy and Research Act are unlikely to be “a game changer” for healthcare or the economy.

Jonquel returns to WNBA Finals

Grand Bahama native Jonquel Jones will make her return to the Women’s National Basketball Association (WNBA) Finals with the New York Liberty this Sunday versus the league’s defending champions - the Las Vegas Aces.

NPBA regular season starts Nov 11

THE New Providence Basketball Association (NPBA) regular season is scheduled to begin on Saturday, November 11. The league’s opening night will be hosted at the Kendal G L Isaacs Gymnasium which is expected to be one of the facilities utilised for a few of the games this season.

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