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IDB: Bahamas Internet costs, speed miss mark

Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.

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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.

Sebas in ‘tax-free zip code’ Aeropost plan

Island Luck's co-founder yesterday said his Aeropost e-commerce platform will differentiate itself from rivals by adding freight-forwarding capabilities that employ a "tax-free zip code" to offer clients better rates.

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Memphis in town for Battle 4 Atlantis

THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.

Focus on cost of living issues

LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.

NPBA Recap: CB Giants, Cyber Tech Blue Marlins remain undefeated

THE Commonwealth Bank Giants, the reigning division one champions, along with the Cyber Tech Blue Marlins reeled in emphatic victories against the Sunlight Cottage Stampers and Mekaddish Millionaires in Wednesday’s action for the New Providence Basketball Association (NPBA).

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Baha Mar Hoops: Hurricanes clinch men’s title

THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.

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ArawakX ‘good undeniable’ yet KC confident on full winding-up

ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.

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Nassau/PI hotels ‘soon can’t take anyone else’

Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.

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Top sailor Spencer making some waves

Cartwright joins coaching staff at Brown University

Top sailor Spencer Cartwright has made a name for himself on the waters and will now look to make his mark as an assistant coach for the Brown University sailing team.

SPORTS NOTES

THE Royal Bahamas Defence Force, through its title sponsor Fidelity Bank, will hold its annual Fun Run/Walk Race on Saturday, starting at 6am from Goodman’s Bay.

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Footcare provider targets new investor capital raise

A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.

$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim

The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.

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Bahamas broker’s clients: ‘We’ll be left with nothing’

Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.

CBS: Online platform in 20% of Xmas sales

A Bahamian retailer yesterday said its e-commerce platform is generating 20 percent of total revenue this Christmas season.

Food prices to ‘never return to pre-COVID’

The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”

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Former Assistant Commissioner of Police Paul Thompson dies age 96

Former Royal Bahamas Police Force Assistant Commissioner Paul Thompson has died, aged 96.

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Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

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Dr Elwood Donaldson dies age 86

Former Member of Parliament and Ambassador Dr Elwood Donaldson has died at the age of 86.

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Wins for the Elite Ballers, Sand Dollar Lady Flyers

THE New Providence Women’s Basketball Association hosted a pair of games on Saturday at the DW Davis Gymnasium with the Elite Ballers and the Sand Dollar Lady Flyers prevailing.