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Disclosures filed by some MPs as others decline response
AS the deadline for filing financial declarations as required by the Public Disclosure Act, a number of Members of Parliament confirmed they had filed on time – although several others declined to say or did not respond.
Laroda confident despite housing shortage
A YEAR after the Chamber of Commerce president in Abaco warned that the housing shortage remains “extremely acute” on the island post-Dorian, Social Services Minister Myles Laroda said he is confident his ministry will provide housing assistance to shanty town residents facing eviction on the island.
Contractor awarded $63,000 in multi-million Palm Cay fight
A major eastern New Providence development has been ordered to pay a former contractor $63,047 after an acrimonious battle involving competing claims over breaches of two multi-million building contracts.
DEMOLITION OF 100 SHANTY HOMES BEGINS: Residents hurry to get personal items before structures destroyed
AFTER years of government pledges to dismantle unregulated communities in Abaco, the Ministry of Works began demolishing more than 100 structures in the Gaza shanty town on the island yesterday.
‘Greatest Show on Sand’
Organisers Todd Isaacs Jr and Lucius Fox stood on Montagu foreshore and looking over the crowd of spectators on hand on Saturday, just basked in their success at the end of the hosting of the sixth Don’t Blink Home Run Derby in Paradise.
Minnis: BPL chief says we’re right over Wartsila
Dr Hubert Minnis says Bahamas Power & Light’s (BPL) chief executive has vindicated his administration’s $90m Wartsila investment as he queried whether the utility is increasingly reliant on rental generation once again.
Bahamas 'not maximising' impact as tourism booms
The deputy prime minister yesterday admitted The Bahamas has failed "to maximise visitor spending", and retain more of this within its economy, despite a "booming" tourism industry whose numbers "have never been better".
Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
Tourism performance has outpaced projections according to MOT report
THE Ministry of Tourism revealed yesterday that The Bahamas has had more than five million arrivals in the first seven months of this year, predicting a visitor rate of more than eight million by the end of the year.
Arawak port beats profit target by 18%
Nassau’s main commercial shipping port yesterday revealed it beat its full-year profits target for 2023 by some 17.7 percent or more than $1.4m compared to original forecasts.
‘Don’t share carbon credit benefits with oil explorer’
Environmental activists yesterday argued that the full benefits from creating carbon credits, and their subsequent trading, should go to the Bahamian people and not be shared with an oil explorer seeking to recover its $150m investment.
‘More improvements’ needed on Bahamas First’s Cayman health
Bahamas First says “more improvements” are required before the woes impacting its Cayman health portfolio are fully behind it as it unveiled profits of $2.2m for the quarter to end-September 2023.
Commonwealth cuts loan delinquency by up to 5%
Commonwealth Bank says non-performing loans have reduced by between 1-5 percent across all credit segments since year-end 2022 as its portfolio expands faster than market growth.
Minister set to intervene on hotel industrial deal
THE minister of labour will today meet with hotel union executives to discuss the latest counter-proposal from resort employees in a bid to break the stalemate over industrial agreement talks.
Five-hour talks fail to break hotel industrial deal deadlock
THE Government’s labour director last night said almost five hours of “intense negotiations” had failed to break the deadlock over a new industrial agreement covering much of the hotel industry.
Be aware of threats to your kids
“The greatest threat to our children doesn’t come from strangers. It comes from people we know and trust.” – Darkness to Light.
Brave, true words at Lyford Cay
Having seen excerpts from the Prime Minister’s speech at Lyford Cay last week, I am left with the hope that we may finally have a government that understands the basic interests of The Bahamas and Bahamians for the first time since that of Lynden Pindling.
The middle class under pressure
Much has been made of Prime Minister Philip Brave Davis’ recent trip to Uganda in which he took part in the Non-Aligned Movement Summit. It was probably a representative for the Davis camp who took photos of him feeding chimpanzees while in Uganda, apparently not realising the backlash it would cause.
FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence
NEW YORK (AP) — Sam Bankman-Fried's lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is "grotesque" and "barbaric" and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes.
Gas leak victim’s damages cut 77%
The Court of Appeal has slashed by 77 percent the damages awarded to a Bahamian homeowner after fuel leaks from a nearby Rubis gas station contaminated and polluted her property.
