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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.
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.”
Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
Bahamian importer said he was unaware of guns American man shipped through his service
A POLICE officer testified yesterday in the trial of a businessman who allegedly imported ten firearms and more than 100 rounds of ammunition through a courier company in June.
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.
RBPF announce promotion exercise for 721 officers
POLICE last week announced the promotion of 721 officers.
Sonny Miller’s trial on drug related charges resumes with USCG video of Columbian boat
A CD containing US Coast Guard helicopter footage of 181lb of cocaine that was confiscated in Acklins in 2022 was entered into evidence yesterday during a trial against former Police Staff Association chairman Sonny Miller, 46.
Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.
Police Commissioner says murders down by 16 percent
POLICE Commissioner Clayton Fernander said major crimes are trending down, with the murder rate 16 per cent lower than it was up to this time last year.
‘Coach Yo’ and Ole Miss Rebels fall to LSU in SEC semifinals
COACH Yolett “Coach Yo” McPhee-McCuin and the University of Mississippi (Ole Miss) Rebels stepped onto the hardwood at the Bon Secours Wellness Arena riding a seven-game win streak which was snapped by the Louisiana State University Tigers 75-67 on Saturday.
EDITORIAL: Murder count tops 100 again, despite COP’s promise
IN August of last year, Police Commissioner Clayton Fernander was insistent that the country would not pass a total of 100 murders. He was wrong.
Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
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.
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.
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.
Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
BGDBA Playoffs: Cybots and Avengers go up 1-0 in first round
The Bain and Grants Town Cybots and Airport Authority Avengers nabbed the first wins in their round one playoff matchups.
