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Fidelity ‘ramp up’ after 30% first half profit fall
Fidelity Bank (Bahamas) yesterday pledged to “ramp up” its performance during 2023’s final months after a near-30 percent first-half decline put the “stretch” $25m profit target for the full year seemingly beyond reach.
Bahamians increasingly becoming fraud victims
The Financial Intelligence Unit (FIU) yesterday warned of an increase in Bahamians having funds stolen from their bank accounts after falling victim to phone and online scammers.
$29m Exuma cays quieting labelled ‘mockery of justice’
A fresh bid to quiet the title to two Exuma cays, valued at a collective $29m, was yesterday branded “a mockery of justice” by the family estate which defeated the previous attempt in the Supreme Court.
Long-time PE teacher Hattie Moxey retires on August 31
WHEN the new school year begins in September at Jordan Prince Williams High School, one of the familiar faces returning students won’t see is long-time Physical Education Department head Hattie Moxey.
New 125,000 gallon tank completed by WSC for Grand Cay
After concerns were raised recently over water supply on Grand Cay, the Water and Sewerage Corporation has given an update on works there.
Make Freeport ‘boom town’ before Hawksbill deal ends
The Grand Bahama Chamber of Commerce’s president is seeking a legal opinion on whether corporate income tax can be lawfully imposed in Freeport as he yesterday warned that time is running out to make the city a “boom town”.
Court quashes gun sentence of 81-year-old grandmother
THE Court of Appeal ordered the release of an 81-year-old great-grandmother yesterday, citing her age and medical condition while releasing her from a one-year prison sentence.
Dr Kent Bazard – Fuelling excellence: Unveiling the vital role of protein for athletes
WELCOME, athletes, to a journey of optimising your athletic prowess through the power of nutrition. This week we take an overview of the indispensable role that protein plays in your athletic journey.
New York high school players are ready for Caribbean Hoopfest
WITH the Caribbean Hoopfest 19-and under (19U) tournament scheduled for this weekend, the high school players from New York are excited to compete against the Bahamian teams.
BISX-listed firms blame profits drop on inflation
Two BISX-listed companies have blamed surging inflation for a margin squeeze that resulted in first-half and second quarter 2023 profits slipping against prior year comparatives.
Tourism advances downtown plans
The Ministry of Tourism, Investments and Aviation (MOTIA) sought to further advance pedestrianisation plans when it met with downtown stakeholders on Wednesday, it was confirmed yesterday.
Chamber chief optimistic on Carnival's 2m guests
The Grand Bahama Chamber of Commerce's president yesterday said he is optimistic that Carnival Cruise Line will deliver two million passengers to the island annually once its Grand Port is completed.
FRONT PORCH: Antidote to ambivalence
A beloved departed friend, a priest of 50 years before he died, recounts this modern parable. He travelled to the Cistercian monastery Mount Saint Bernard in rural Leicestershire, England, to meet a 93-year-old, who was 73 years a monk. The two settled in to share a pot of tea.
Promoters disappointed as occasional licences see 2,900 per cent increase
AN INCREASE of 2,900 per cent in the occasional licence fee has disappointed some event promoters, many of whom say the rise is neither fair nor reasonable.
New home listings surge 1,025% on ‘right-sizing’
New home listings in the major Bahamian islands increased by 1,025 percent year-over-year for the 2023 second quarter, a major realtor disclosed yesterday, amid signs it is “slowly turning to a buyer’s market” after a “bonkers” post-COVID.
Minnis blasts Commercial Enterprises Act’s repeal
An ex-prime minister yesterday branded the Government’s plans to repeal the Commercial Enterprises Act as “a mistake” since it is designed to improve Immigration efficiency and “attract businesses we don’t have”.
Concern on foreign property tax crackdown messaging
A prominent Bahamian realtor yesterday voiced misgivings that the Government’s constant pronouncements about cracking down on foreign real property tax delinquents could drive legitimate overseas buyers away.
BPL union escalation as trade disputes filed
Bahamas Power & Light’s (BPL) two trade unions yesterday made good on their threat to escalate their grievances by filing trade disputes alleging industrial agreement breaches and other violations by the state-owned utility.
Biggest investment since Morton Salt for ‘decimated’ Long Island
The proposed $250m Long Island cruise port is being touted as the first “large-scale project” with “regenerative” potential to impact the southern Bahamas since Morton Salt arrived in Inagua almost 70 years ago.
Married women ‘more likely to experience non-consensual sex’
MARRIED Bahamian women are more likely to experience non-consensual sexual intercourse than their single counterparts, according to University of the Bahamas researchers.
