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Ex-DPM: ‘Disgraceful’ failure to improve BPL
The Government was yesterday accused of a “disgraceful” failure to build on prior upgrades at Bahamas Power & Light (BPL) with an ex-deputy prime minister asserting he will “fully defend” what was done under his oversight.
FTX consumes 21% of Commission costs
FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.
Developer sparks ‘500 leads’ with community’s sales start
A Bahamian developer yesterday disclosed it has generated “well over 500 verified leads” for potential purchasers in its south-western New Providence community just over a week after launching its sales drive.
Fresh oil contamination ‘tragic’ for GB’s tourism
Fresh oil pollution was yesterday described as both “tragic” and “treacherous” for Grand Bahama’s tourism industry and wider economy with environmental activists estimating that up to 25 miles of beach could be contaminated.
North Andros demands ‘answers’ over BPL woe
North Andros residents and business owners yesterday protested over their energy woes and the frequent power outages suffered since a fire destroyed Bahamas Power and Light’s (BPL) power plant last month.
Criminal charges against MPs once rare, more common now
WHEN North Abaco MP Kirk Cornish was charged in the Magistrate’s Court on Wednesday, it marked the first time in the modern Bahamas that two sitting parliamentarians faced serious criminal charges.
CORNISH CHARGED: Two accusations of rape for Abaco MP, death threats and assault also claimed
NORTH Abaco MP Kirk Cornish was charged yesterday with two counts of rape, as well as assault and threats of death - but there was little fuss or fanfare at the Magistrate’s Court.
Team Bahamas wins two silver, two bronze medals
Commonwealth Youth Games in Trinidad & Tobago
Team Bahamas competed in their final event yesterday at the Commonwealth Youth Games, amassing four medals in the competition.
Minister Bowleg excited to see teams compete overseas
MINISTER of Youth, Sports and Culture Mario Bowleg is ready to see Bahamian athletes compete overseas this month.
Capital Football Summer Soccer Championships semifinals all set
AFTER three weeks of competition at the Roscow A L Davies soccer field, the Capital Football Label (CFL) Summer Soccer Championships semifinals are all set.
Restaurant chain eyeing 20% bond for expansion
A restaurant entrepreneur, who financed his expansion via crowdfunding, yesterday said he now plans to offer a short-term bond paying 20 percent interest to fund the $150,000 required for outfitting a third location.
Excursion provider says boating fee hikes ‘crazy’
A Bahamian excursion operator yesterday branded up to ten-fold increases in annual and first-time boat registration fees as “crazy” and warned it threatens to increase the number of unlicensed tour companies.
‘Smooth sailing’: Resort’s $30m annual GB boost
Fears that a major resort development may have stalled were eased yesterday after it was revealed the project will generate a $30m annual boost for Grand Bahama’s ailing economy once fully operational.
Flamboyant ‘philanthropist’ facing fraud charges retrial
A flamboyant Bahamian businessman and “philanthropist” faces a retrial on fraud and money laundering charges after the Court of Appeal found the rules governing his Post Office Savings Bank accounts were “ignored routinely”.
Union boss: BTC trying to make staff ‘look bad’
A union leader yesterday accused the Bahamas Telecommunications Company (BTC) of trying to make Bahamian staff “look bad to justify” outsourcing local jobs as the carrier’s 2023 first-half revenues fell by $1.4m.
‘We’ll show true story’ on title to $29m cays
A fresh bid to resolve the title to two Exuma cays, valued at a collective $29m, has been launched by some of the parties previously ensnared by the Chief Justice’s land fraud conspiracy ruling last year involving the same islands.
Fidelity mulls five for one stock split
Fidelity Bank (Bahamas) is mulling a five-for-one stock split due to its present share price, its chief executive has revealed, with the long-awaited move finally set to happen this quarter.
GB businessman Kenneth Symonette loses battle with cancer
Well-known Freeport businessman Kenneth Symonette died on Saturday in Grand Bahama after a battle with cancer. He was 63.
Fredrick King and Bluejays sweep Summer of Thunder
Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.
Police in joint operation seize $10m cocaine at Stella Maris Airport over the weekend
POLICE in Long Island seized cocaine valued at $10m over the weekend.