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‘Not out of woods’ despite lowest deficit for 10 years
The Prime Minister yesterday warned Bahamians “we are not yet out of the woods” as he hailed the lowest first quarter fiscal deficit “in more than ten years”.
Police have not interviewed FTX CEO
POLICE have not interviewed former FTX CEO Sam Bankman-Fried, Commissioner of Police Clayton Fernander said.
The madness of shrinkflation
I got one of the most significant shocks of my life when I saw a young lady holding a baby standing next to me in a food store aisle, unzip her bag and politely drop two jars of baby food in it, and calmly zip it back up. Then she moved further down the aisle and repeated the same thing with other items.
King and Bluejays undefeated so far
FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.
Pintard to take BPL woe to Public Accounts Committee
The Opposition’s leader says he will place Bahamas Power & Light’s (BPL) up to 163 percent fuel charge increase before Parliament’s spending watchdog in a bid to uncover how much government “errors” are costing Bahamians.
Great Commission Ministries to break ground for $3m shelter in January
GREAT Commission Ministries expects to break ground for the construction of a $3m shelter in January, with an estimated $30,000 saved so far for the venture.
We need a ‘New Day’ as to how we operate
FTX crash brought me to think about our past and certainly suggest the theme adopted by the PLP in the last election is of significance and exceptional importance. Editor, we need a ‘New Day’ as to how we operate and give concessions - licences to unsavory parties.
‘No one cares about the women’ on national basketball team
AFTER all of the sacrifices made and the hard work that they put in, head coach Donillo ‘Donnie’ Culmer said he’s disappointed that the Bahamas Basketball Federation pulled the plug on their trip to Mexico for the Centrobasket tournament.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
VAT’s ‘real’ 15% rise since January’s cut
The Davis administration last night said real VAT revenues increased by 15.1 percent year-over-year following the New Year’s Day rate cut with the deficit for the 2022-2023 fiscal year’s first quarter slashed by $116.4m.
Arawak port beats Q1 profits target by 56%
Nassau’s main commercial shipping port is targeting an $808,000 year-over-year increase in net profits for its 2023 financial year after first quarter net income exceeded forecasts by some 56 percent.
Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
Boxing team heading off
WITH the 27-member team already reduced because of the lack of funding, Bahamas Boxing Federation President Vincent Strachan said he’s confident the remaining 10 boxers will get the opportunity to travel this week to Kissimmee, Florida.
Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
220 Legendary jobs for ‘hazardous’ site
An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.
Open letter over water problems
This is an open letter to Alfred Sears – Water & Sewerage Corporation
Team Bahamas eliminated
Team Bahamas was eliminated from FIBA World Cup ‘23 contention, but a pair of resilient efforts at home led to a two-game split in the latest window of Americas Qualifiers.
Thomas, Surprise Saguaros win AFL title
TAHNAJ Thomas’ Arizona Fall League season concluded with a championship title after his Surprise Saguaros rallied to win the longest postseason game in AFL history.
‘Buddy’ Hield and Pacers off to surprising start
CHAVANO “Buddy” Hield’s sixth 20-point game of the year led the Indiana Pacers to a win on the road for what most NBA pundits have deemed a surprising start to the 2022-23 season.