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Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
Eugene Horton seeks another term in office as BBF president
WITH some unfinished business since moving up from first vice president to president during the middle of the past four-year term in office, Eugene Horton will be seeking another tenure at the helm of one of the country’s most fledgling sporting bodies.
Police allegedly find a gun and ammo in house of man waiting trial for murder of Corporal Fox
A MAN awaiting trial for allegedly trying to murder a police officer was denied bail yesterday after a gun and a large quantity of ammunition was allegedly found in his home.
Parking ‘satisfied’: Wynn penthouse project is go
The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.
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”.
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.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
National debt up $458m despite ratios declining
The post-COVID economic revival dropped The Bahamas’ debt-to-GDP ratio to 85 percent at end-June despite the national debt increasing by $457.5m over the prior 12 months to $11.645bn.
One Caribbean Invitational Women Fast-Pitch Softball event coming to Nassau
Softball 242 is bringing some of the women’s teams in the region to compete in the One Caribbean Invitational Women Fast-Pitch Softball Tournament.
Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
FRONT PORCH: The power of empathy and service to others
“SERVICE is what prayer looks like when it gets up off its knees and walks around the world.” – Fr Michael Graham, SJ.
No public interest in Sand Dollar
This Sand dollar thing - Central Bank says 90% of all bank accounts have a credit balance of $1,000.
Bakery reveals record Easter hot-cross sales
A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.
BGDBA Playoffs: Crimestoppers, Panthers earn blowout wins on Saturday
The Police Crimestoppers and Ministry of Youth, Sports, and Culture (MOYSC) Panthers both earned blowout wins this past Saturday at the AF Adderley Gymnasium.
Hotels dealing with visitor safety concerns on crime
Hotels have been fielding concerns over whether it is safe to vacation in The Bahamas as Canada was yesterday reported to have issued a crime alert on this nation.
