Story
UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
Story
BOB rejects $33m ArawakX demand
The Securities Commission was yesterday accused of “callous disregard” for ArawakX’s interests by allegedly interfering with its demand for a $33m settlement from Bank of The Bahamas.
Story
‘UP WAGE TO $350 - OR RISK STRIKES’: Unions agree to take vote as the call for minimum pay raise
A labour leader yesterday called for a further minimum wage hike to $350 per week by June 2024 as he revealed that multiple trade unions have agreed to each “take a strike vote”.
Story
Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
Story
Kool Acres demolition begins in wake of shanty town blaze
AS the demolition crews moved into Kool Acres shanty town yesterday, resident Souvenance Similien watched, hoping to reclaim the abandoned car he calls home.
Story
DEMOLITION GOES ON DESPITE SHANTY FIRE: No casualties reported but cause of blaze is still being investigated
DEMOLITION of the Kool Acres community will still proceed today despite the blaze that tore through the shanty town on Saturday engulfing more than 70 homes and destroying numerous belongings and personal items.
Story
Bahamas must target 70% cruise visitor ratio
A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.
Photo
Story
Fire destroys structures in Kool Acres shanty town
Around 77 structures or some 80 percent of the Kool Acres shanty town off Joe Farrington Road have been burned to the ground in a fire that took place around 4pm on Saturday, according to Craig Delancey, Buildings Control Officer with the Ministry of Works and a part of the Unregulated Communities Action Taskforce.
Story
DIANE PHILLIPS – ‘I’ve never felt more comfortable outside the US than when I was in Grand Bahama’
The man sat down a few rows away. In a nearly empty and sterile, freezing cold Grand Bahama International Airport terminal with only a handful of early arrivals waiting for much later flights, it was hard not to make eye contact with the few lone folks who were already there, a mother and toddler, a few men who spoke in rapid staccato-like sounds like they were from somewhere far away, and this gentleman, middle-aged, laden with an encased guitar and assortment of backpacks and hefty hand luggage that indicated he had been around these parts for a while and was heading back to wherever he came from.
Photo
Story
Eric Wiberg – PBM Mariner seaplane sinks near Royal Island
ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.
Story
Just one SOE ‘can throw everything’
The Government yesterday unveiled policies to govern a near-$800m portfolio of loans and guarantees to state-owned entities, a senior official saying: “One transaction could throw everything awry.”
Story
MITCHELL: CHAIRMAN NEEDS PM’S SUPPORT – Fox Hill MP asks ‘why switch’ as he prepares ‘penultimate campaign’
FRED Mitchell suggested that if Prime Minister Philip “Brave” Davis does not support the victor of the Progressive Liberal Party’s upcoming chairmanship race, that person would struggle to function and carry out their duties as a vital party agent.
Story
PM told that BPL fuel hedge ‘in the money’
The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.
Story
'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard
A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.
Story
Attorney loses appeal on ‘forged’ bank drafts
A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.
Story
Illegality of abortion is dangerous
Some 85 years ago, a doctor in England examined a 14-year-old girl and determined that she was sufficiently developed physically to carry her pregnancy to term.
Story
Realtors cite shortage but listings rise ‘up to 1,492%’
Major realtors yesterday contradicted data showing new home listings rose “up to 1,492 percent” in the 2023 third quarter by arguing that inventory shortages mean The Bahamas remains “a seller’s market”.
Story
Nygard to take stand in his defence in sex assault trial
FORMER fashion mogul and Lyford Cay resident Peter Nygard is expected to testify in his own defence as his sex crime trial continues in Toronto, Canada.
