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Debtors blame inflation and taxes for repayment struggle

Soaring living costs and higher taxes are increasingly being blamed by struggling borrowers for why they cannot meet their obligations, debt collection agencies disclosed yesterday.

Setting sail for the future

LJM Maritime Academy held its graduation ceremony for 70 students on Saturday.

Full scholarship for Timothy

Grand Bahama student Timothy Kemp has been awarded a full scholarship from Coca-Cola.

Great-grandmother of Bella Walker hopes child's mother ‘learns from her mistakes’

THE great-grandmother of murdered toddler Bella Walker says she hopes the child’s mother when she is released from prison will have learned from her mistakes and will raise two of her children differently than how she raised Bella.

Glover-Rolle: Department of Social Services recommends 129 temporary workers be made permanent

STATE Public Service Minister Pia Glover-Rolle said the Department of Social Services recommended that 129 temporary workers be made permanent, 92 of whom are currently being processed.

BISX-listed firm ‘qualified’ for second straight year

A BISX-listed company’s top executive yesterday moved to reassure shareholders after auditors issued a “qualified opinion” on its annual financial results for the second consecutive year over the same issue.

Electric vehicle dealer in new HQ expansion

A Bahamian electric vehicle dealer yesterday unveiled plans to expand to “a major location” and grow its workforce after becoming the first investment for RF Bank & Trust’s newly-launched private equity fund.

‘No issues’ over Govt’s $3.5bn debt refinance

The Ministry of Finance’s top official yesterday reassured there are “no issues” over the Government’s ability to refinance some $3.466bn in debt maturing this fiscal year given its access to “credit lines”.

Inflation’s high but ‘not as frightening’

Inflation “may not be as frightening as it was a year to 18 months ago”, a governance reformer argued yesterday, despite food and beverage costs rising by almost 13 percent during the year to April 2023.

‘Major progress’ on one insurance law

Regulators say “significant progress” has been made in combining the Bahamian insurance industry’s regulatory regime into one law after the sector saw gross written premiums increase by $60m in 2022.

Pirates tie the game with buzzer-beater against visiting VMI team to force overtime

But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium

STEPHAN Smith canned a buzzer-beating three-pointer for the Pirates to tie their game at 98-98 against the visiting Virginia Military Institute to force overtime last night.

Tennis ace Michael Major Jr eager to get started with Howard University Bison

AFTER holding his own as one of the top junior tennis players in the region, Michael Major Jr is eager to get started at the next level as he displays his skills on the collegiate circuit.

I-Elite and Reloaded Baseball to host baseball and softball camp

INTERNATIONAL Sports Academy and Reloaded Baseball will return to host inaugural “Bat 2 Base-Ics” baseball and softball camp. The training will get underway August 14-19 at the Baillou Hills Sporting Complex.

Reloaded Baseball team enjoys first international experience

AFTER competing in their first international tournament, many of the Reloaded Baseball team members thoroughly enjoyed the inaugural experience. The 30-member team wrapped up their two-day competition in Sanford, Florida at the Perfect Game Florida Summer Select Championship (Open) this past weekend.

Bahamas hosts electric golf cart assembly plant

An electric golf cart provider says The Bahamas now hosts the "first full-fledged plant outside the US" where the vehicles are assembled.

Gov’t confirms three-week ‘Back to School’ VAT relief

Government officials yesterday confirmed that the three-week Back to School 'VAT-free holiday' will run from August 19 to September 10 after merchants called for clarity on the dates.

FACE TO FACE: Sister cities – Nassau and Ghana

A Sister City Agreement between Nassau, New Providence, The Bahamas and Princess Town, Ahanta, Ghana, will form long-needed, direct connections between Africa and the people of its Diaspora born in The Bahamas. It will serve to strengthen cultural, social and economic ties for the people of both countries.

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