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Abaco ‘brimming with opportunities’ for businesses as island sees revival
FOUR years after the devastating impact of Hurricane Dorian, Abaco is emerging as a thriving hub of economic activity, with businesses now being encouraged to capitalise on this opportunity by investing in the island and providing key services as it undergoes a remarkable revival.
Botswana President speaks to high school and college students about preserving democracy
BOTSWANA President Dr Mokgweetsi EK Masisi lectured high school and university students yesterday on the importance of protecting democracy, telling them that as future leaders, they should demand constitutional term limits, separation of powers, free and fair elections, and an independent press.
‘We’ve learned from the different inquests’ says Commissioner of Police
POLICE Commissioner Clayton Fernander said the Royal Bahamas Police Force is learning from Coroner’s Court inquests that produce adverse findings for officers.
‘Happy to be rid’ of ex-Robin Hood site
Compass Point’s last owner is voicing optimism that the sale of the former Robin Hood store on Prince Charles Drive will close before year-end after the property was plagued by vandalism, vagrants and copper theft.
ArawakX suspension extended to Monday
The Bahamas’ first-ever crowd funding platform yesterday saw its registration suspension extended until September 18 as it pleaded for more time to address Securities Commission concerns over its solvency.
‘Tremendous pressure’: FNM fears for $131m deficit target
The Opposition yesterday voiced fears that the potential $160m VAT under-shoot in the prior fiscal year puts the Government’s 2023-2024 revenue forecast “at risk” and leaves its $131m deficit target under “tremendous pressure”.
URCA ‘monitors’ but offers no relief from energy hikes
Regulators yesterday sought to reassure Bahamian households and businesses they are “monitoring” Bahamas Power & Light’s (BPL) sky-high bills but made no mention of any immediate relief from “compound billing’s” impact.
Bahamas First blames 50% of $4.3m loss on new rules
Bahamas First’s top executive has blamed more than 50 percent of the group’s $4.3m comprehensive loss for the 2023 first half on a major change to insurance industry accounting standards.
SAILING CHAMPIONS: Paul de Souza and Craig Ferguson II claim first place at 2023 Bahamas ILCA Nationals
Paul de Souza and Craig Ferguson ll emerged as champions at the combined 2023 Bahamas Open International Laser Class Association (ILCA) Nationals this past weekend.
BGDBA Playoffs: Panthers, Crimestoppers complete sweep to advance
The Ministry of Youth, Sports and Culture (MOYSC) Panthers and the Police Crimestoppers have now advanced to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs. Last night at the AF Adderley Gymnasium, the Panthers, BGDBA defending champions, earned an eight-point win over the Real Deal Rangers.
Father jailed for gun in sock drawer
A 38-year-old father was sentenced to 20 months in prison yesterday after admitting to having a loaded gun hidden in his sock drawer at his family home earlier this week.
Tour operators: Rebound dampened by fee hikes
Bahamian tour and excursion operators were yesterday said to be enjoying a post-COVID bounce back with bookings some 15 percent ahead of 2019 levels.
ArawakX to fight solvency shut down bid ‘all the way’
The Bahamas’ first-ever crowd funding platform last night pledged to “go all the way to the Privy Council” if the Securities Commission moves to shut it down over “solvency” concerns following a key hearing today.
Cruise departure hike ‘real measure’ of fiscal success
The Ministry of Finance’s top official yesterday asserted that the 2023-2024 fiscal year is “very, very critical” for solidifying market confidence in The Bahamas with the cruise passenger departure tax hikes vital to achieving this.
Gov’t revenue goal ‘very close’ despite VAT miss
The Government’s top finance official yesterday forecast that it will “come very close” to achieving its total revenue and tax forecasts for the 2022-2023 fiscal year even though VAT could potentially under-shoot by up to $160m.
Bahamas’ 27% water heat surge ‘devastating’ to coral
The Bahamas’ July water temperature had “a devastating effect” on coral reef ecosystems after being heated to a level 27 percent higher than the monthly average, an international tribunal has been told.
Country’s first dengue death confirmed to be nine-year-old boy
HEALTH officials confirmed the country’s first dengue fever death since the virus’ re-emergence this year - a nine-year-old boy who died after showing symptoms of the disease.
Bahamas beaten 3-2 in thriller
THE Bahamas men’s national soccer team put up a gallant fight, but lost 3-2 to Guyana for their second straight loss in the CONCACAF 2023 Nations League.
BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
NFL Flag Bahamas hosts successful coaches and officials clinic
National Football League (NFL) Flag Bahamas hosted a successful officiating and coaching clinic last week Thursday at the Thomas A Robinson Stadium. Participants got the opportunity to learn in-game rules, coaching strategies, and practice plans from the director of officiating at NFL Flag and RCX Sports, Tom LaNeve.