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‘Incredibly difficult’ for middle class to ever purchase home
Middle class Bahamians will find it “incredibly difficult to ever get a home”, developers and realtors warned yesterday, with financing and other hurdles constantly being raised that “little bit higher”.
Public sector debt drops $93m during first quarter
Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.
Witness accused of wrong calculations in Gibson trial case
A SENIOR manager of the Water and Sewerage Corporation (WSC) denied a defence attorney’s suggestion yesterday that she made the wrong calculations when estimating the cost of painting WSC tanks.
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.
Sports Notes
THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.
LPIA to match or beat Thanksgiving records
The Bahamas’ major airport gateway yesterday said it expects passenger numbers for the upcoming Thanksgiving holiday weekend to meet or exceed pre-COVID’s 30,000-plus record.
DIANE PHILLIPS: Swimming - when sport becomes survival
IN the darkness of pre-dawn, when most of us are pulling the covers over our heads finding a perfectly good excuse to snuggle right where we are for a few more minutes, Percy Knowles is preparing for his morning routine, the same as he has done for decades.
Long Island developers hope for ‘quick’ approvals
Two developers targeting Long Island’s former Diamond Crystal plant with separate eco-tourism investments yesterday voiced optimism that the required approvals will be processed “very quickly”.
DPM wants Long Island airport opening this term
The deputy prime minister yesterday said he “fully expects to cut the ribbon” for the opening of Long Island’s new international airport before the Davis administration’s term in office ends in 2026.
Police Chief ‘will search for files’ in Nygard probe
POLICE Commissioner Clayton Fernander said he will search for the investigation files concerning complaints women in The Bahamas made about Peter Nygard to see why charges were never brought against the former fashion mogul.
Memphis in town for Battle 4 Atlantis
THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.
STATESIDE: America’s 2024 political campaign began this week
THE last general election is over. The results were consistent with 2022, 2021, 2020 and 2018, inasmuch as they represented a gradual but discernible movement away from the MAGA echoes of the Republican-aligned Tea Party movement of the 1990s. These election results also seem to indicate that voters are tiring of the chaos that always seems to surround Donald Trump, even if they very fondly remember the nation’s prosperity while he was president.
‘Full probe’ demand on WSC chair resignation
The Opposition’s chairman last night demanded “a full investigation” into the resignation of the Water & Sewerage Corporation’s executive chairman, asserting: “You’ve opened the box so let’s see what’s in it.”
‘Companies awarded contracts were not approved contractors’
A SENIOR manager of the Water and Sewerage Corporation (WSC), who claimed to be related to Adrian Gibson, testified that the companies awarded contracts to paint water tanks when Mr Gibson was executive chairman were not on the corporation’s approved contractor list nor known to engineers.
ArawakX directors stay in control of BOB battle
The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.
Ole Miss Rebels set for trip to Bahamas
After coming off a 10-point loss in their last game, coach Yolett McPhee-McCuin hopes to get her Ole Miss Lady Rebels back on track tonight before they make their return trek to The Bahamas for another Thanksgiving tournament.
Tanks didn’t need anything, said a WSC manager in Gibson case
A WATER and Sewerage Corporation employee testified in the Adrian Gibson corruption trial yesterday that water tanks were in “fairly” good condition in 2020 before $260k contracts were awarded for companies to paint them.
ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
Up to $100m targeted in Abaco ports investment
The Government is eyeing a combined $100m investment to transform Abaco’s two commercial shipping ports into facilities that meet global best practices and standards.
$250k paint contract examined in Gibson trial
COMPANIES contracted to paint Water and Sewerage Corporation water tanks were awarded over $250,000 per tank, a WSC employee testified on Friday as Long Island MP Adrian Gibson’s corruption trial continued.
