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Bahamas First unveils Cayman woes probe

Bahamas First has assigned its non-executive directors to probe woes that resulted in regulators threatening to bar its Cayman affiliate from writing new life and health insurance business.

'Incalculable' value from Bahamas' 176 wrecks

A Bahamas-based underwater explorer says the value to this nation's underwater cultural heritage from the 176 extra ship wrecks identified within its licence area is "incalculable" and "cannot be measured in dollars".

FTX Bahamas: Only we can pursue void payouts

FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.

Not all questions answered on Long Island plane crash

AIR accident investigators found that “loss of power resulting in a loss of control inflight” caused a plane crash in Long Island last year that resulted in a woman’s death.

Baha Juniors take home Hummel title

The Baha Juniors women’s team will now join the Western Warriors men’s football club (FC) as Hummel Cup title winners. The team secured their championship hardware after defeating the defending champions, United FC at the Roscow AL Davies new soccer field.

Jonquel Jones posts first double-double of the season

The Bahamas’ Jonquel Jones posted her first double-double of the Women’s National Basketball Association (WNBA) season this past Sunday. Jones also turned in her second highest point total of the season as the second leading scorer in the New York Liberty’s win against the Phoenix Mercury. Although the Liberty team was without their All-Star guard Sabrina Ionesecu, the third-seeded team routed the Mercury 89-71.

Full Speed ahead for Bahamians

Bahamian athletes collected a few gold medals at the inaugural Speed Capital International Championships. The three-day meet got underway on Friday and wrapped up on Father’s Day at the Thomas A Robinson. Speed Capital hosted 600 athletes between 72 clubs from seven countries outside of The Bahamas. Competitors from ages 5-18 put on a show for Grenada, Aruba, Trinidad and Tobago, Jamaica, Canada, United States of America, and Barbados.

Gov't to 'unleash' $200m Water Corp investments

An MP yesterday said the Davis administration is poised to "unleash" the most ambitious capital investment initiative ever by the Water & Sewerage Corporation with $200m earmarked for 80 projects over a five-year period.

Taxi drivers wait on 10% fare increase affirmation

The Bahamas Taxi Cab Union's (BTCU) president says drivers are just waiting on an announcement from the Ministry of Transport and Housing to make their 10 percent fare increase official.

Clubs & Societies June 16th, 2023

The Alpha Kappa Alpha Sorority, Incorporated, Pi Upsilon Omega Chapter in Grand Bahama celebrated its 36th anniversary of sisterhood and service.

Bahamas keeps Tier 1 status in latest US human trafficking report, but improvements needed

THE Bahamas has maintained its Tier 1 ranking in the latest US human trafficking report, but concerns persist over the government’s efforts to initiate prosecution, identify victims, provide investigative data and protect vulnerable groups.

Bowleg: National Youth Policy and legislation to be presented by October

YOUTH Sports and Culture Minister Mario Bowleg said a national youth policy would be tabled in the House of Assembly in October.

Charities asked: Do you hold any of FTX’s $5.4m?

FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.

‘Not scratched 10%’ of fly fishing potential

The Bahamas has “not even scratched 10 percent” of the fly fishing industry’s economic potential, it was asserted yesterday, amid “urgent” calls for it to rapidly increase guide numbers to “catch up” with rivals.

Andros shipper ‘exceeds every financial projection’

An Andros shipping company, which in summer 2021 was hailed as the largest recipient of financing arranged through the Small Business Development Centre (SBDC), yesterday said it has “beaten every financial projection” since launching.

National debt growth slows as hits $11.5bn

The national debt's growth rate slowed below 1 percent during the three months to end-March 2023 as the total sums owed by The Bahamas to its creditors rose to just under $11.5bn.

FTX Bahamas warns of $143m US DOJ battle

FTX’s Bahamian liquidators say it is increasingly likely they will have to battle the US Justice Department in the courts to recover $143m given that prospects of an amicable resolution have become “more remote”.

‘We knew’ prison would fail accreditation bid

DOAN Cleare, the acting commissioner of corrections, admitted yesterday that the Bahamas Department of Correctional Services failed an accreditation inspection earlier this year, saying officials knew the prison would “fail miserably”.

‘Very competitive tournament’ expected at BLTA 2023 Junior Tennis National Championships

The Bahamas Lawn Tennis Association (BLTA) will continue their 2023 junior tennis national championships for the older division starting today. Juniors of the under 12 through 18 divisions will battle at the National Tennis Centre (NTC) starting at 2pm today.

Alexis Gray’s switch from track to wrestling has been ‘very refreshing’

SINCE completing her tenure at Texas Southern University in 2019, Alexis Gray decided to make the transition to wrestling.

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