Story
Team Bahamas falls 6-1 to Grenada in CONCACAF ‘Road to Gold Cup’ opener
THE Bahamas’ senior women’s national football team went down 6-1 to Grenada in game one of the Confederation of North, Central American and Caribbean Association Football (CONCACAF) Women’s Road to Gold Cup.
Story
Govt in a cash crunch over payments - Pintard
THE FNM last night claimed that there has been a “significant number of complaints” over payment delays by the government.
Story
ArawakX issuers await funds, investor listing
Two companies that raised equity capital through the embattled ArawakX crowd-funding platform yesterday complained that they are either still owed money or have yet to learn who their new shareholders are.
Story
$657k ‘pipeline’ blockage kept ArawakX insolvent
The Bahamas’ first-ever crowd-funding platform was branded “no longer solvent at February 2023” by external auditors who warned that $656,500 in “pipeline” revenue could not be used to restore a “net equity” position.
Story
Retailers ‘not easing up’ on gas margin increase
The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.
Story
Officer faces tribunal over striking boy
ACTING Police Commissioner Leamond Deleveaux said the police officer who struck a boy in a viral video was removed from frontline policing and placed before the police tribunal yesterday.
Story
FTX MEETING CLAIM DENIED BY PM OFFICE: US chief says founder’s father was to meet Davis - but PM was in Egypt
The Prime Minister’s Office last night refuted claims that he was due to meet Sam Bankman-Fried’s father on the day FTX imploded because he was away battling on The Bahamas’ behalf against climate change.
Story
Jonquel, Liberty advance to WNBA playoff semifinals
WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.
Story
BGDBA Playoffs: Panthers lead 2-1 in series, Cybots remain undefeated
THE Ministry of Youth, Sports and Culture (MOYSC) Panthers and Bain and Grants Town Cybots are heating up in round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs.
Story
Caribbean’s climate financing need up ‘hundreds of millions’
Caribbean governments and private companies have increased their pursuit of sustainable and climate resilient financing by hundreds of millions of dollars, a senior CIBC FirstCaribbean executive has revealed.
Story
Stronger infrastructure key to climate resilience
Stronger climate resilient infrastructure is critical to the region's future economic prospects, according to presenters at the 2023 Caribbean Infrastructure Forum (CARIF).
Story
PETER YOUNG: Passing of famous South African veteran politician
ONE of the purposes of this column is to shed light on issues which might be inherently significant but which all too often have largely escaped the attention of the US and other media.
Story
Crowd-funder: From $4m to $200m in 14 months
The Bahamas’ first-ever crowd-funding platform purportedly increased in value from just $4.38m to an astonishing $201.75m in just 14 months, it was alleged yesterday, despite accounts revealing a $2.659m “deficit” at end-July 2022.
Story
Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil
Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.
Story
PM unveils $500m climate finance plan
The Prime Minister yesterday unveiled ambitions for The Bahamas to raise $500m to bolster its resiliency, and sustainability, against negative climate change impacts in partnership with Resilience Capital Ventures.
Story
‘Room for improvement’: Trade deficit expands 28% to $1.09bn
The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.
Story
ArawakX hit by claim of ‘criminal infraction’
The Bahamas’ first-ever crowd-funding platform has a solvency deficiency of “at least $2.4m”, regulators charged yesterday, while accusing it of “governance irregularities, regulatory breaches and possible criminal infractions”.
Story
Minister hoping construction on New Providence hospital will start next year
HEALTH and Wellness Minister Dr Michael Darville hopes construction on a new New Providence hospital will begin early next year, noting there are three potential candidates to finance the $290m project.
Story
Jazz Chisholm Foundation Little League to start this Saturday
BAHAMIAN Major League Baseball (MLB) star Jasrado “Jazz” Chisholm Jr and his foundation will begin the Jazz Chisholm Foundation Little League starting next Saturday.
Story
Doctors secures $25m as it ‘refines’ equity offering
Doctors Hospital has secured $25m from Royal Bank of Canada (RBC) to finance its continued expansion as it works to “refine” its upcoming equity capital raise by “prioritising” three target investor groups.
