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NGOs cleared on terrorism: High risks’ $150m turnover
All Bahamian non-profit groups have been cleared of any involvement in financing terrorism with those deemed to present a “higher” risk found to collectively control some $150m in turnover.
Police appeal to drivers after two die in traffic accidents
TWO people are dead after separate traffic accidents in Grand Bahama and New Providence over the weekend, prompting police to appeal to motorists to slow down while driving.
Hurricane Hole Superyacht Marina opened
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.
PM told: $22m savings if BPL fuel trades done
A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.
DEREK SMITH: Happy workers keep a company on track
Identifying potential employee-related risks is the goal of human resource risk management. Businesses can avoid possible issues by ensuring they hire the right employees. It is vital to mitigate employee-related risk to maximise revenue, reputation, profitability and other aspects of their operations.
New PI super yacht marina 80% booked
PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.
No. 22 Tennessee beats No. 3 Kansas 64-50 for Atlantis title
PARADISE ISLAND, Bahamas (AP) — Tennessee’s players proved to be determined defenders and relentless rebounders, along with having the kind of toughness to ensure the reigning national champions would have little chance to get comfortable.
Man fined for having drugs
A MAN was fined $300 in the Magistrate’s Court after admitting to having drugs for his own personal use.
PLP will pay govt back ‘in next weeks’
PRESS secretary Clint Watson says he suspects that the Public Treasury will be reimbursed for Prime Minister Philip “Brave” Davis’ controversial trip to Bermuda by the Progressive Liberal Party in the next week or two.
Bahamian is shot dead by Turks and Caicos police
NATIONAL Security Minister Wayne Munroe said there was a police-involved shooting in Turks and Caicos which has left one Bahamian man dead, noting the incident involved members of the Royal Bahamas Police Force who were assisting the island.
Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
Man charged with attempted murder
A MAN faced an attempted murder charge in Magistrate’s Court yesterday.
No. 22 Tennessee beats USC in OT
PARADISE ISLAND, Bahamas (AP) — Tennessee has twice played without its leading scorer at the Battle 4 Atlantis. It hasn’t stopped the 22nd-ranked Volunteers from reaching the championship game.
STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
Minnis: Govt needs to give answers over FTX
FORMER Prime Minister Dr Hubert Minnis has insisted there are many FTX-related questions that need answers by the Davis administration. As The Bahamas based crypto exchange fund’s collapse is news around the world, the Killarney MP said the spotlight has been shone on FTX’s conduct and the people behind the operation.
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
Food price control negotiations silent
Negotiations with the Government over expanding price controls on the Bahamian food distribution industry have gone silent for more than two weeks much to the sector’s relief.
S&P’s ‘shot in the arm’ exposes growth fears
Standard & Poor’s (S&P) has given The Bahamas “a shot in the arm” while further exposing that “additional taxation” will almost certainly be needed to hit the Government’s fiscal targets, a governance reformer warned yesterday.
Changing of the guard at hospital foundation
THE Princess Margaret Hospital Foundation, founded in 2003 to provide funding to the hospital, recently toasted a warm thank you to outgoing chairman Richard C Demeritte.
No. 3 Kansas beats NC State in coach Bill Self’s return
PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.