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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.
Andros initiative set to create up to 700 jobs
A former Chamber of Commerce chief executive yesterday said 700-plus jobs are forecast to ultimately be created after Andros' community-based Tourism Cluster Development Programme launches on June 29-30
Just 8% of arable land being used for farming
Just 8 percent of all land allocated for Bahamian farming is presently being used for such purposes, it was revealed yesterday.
Andros resorts target 30 extra employees
Two Andros resorts will be seeking a combined 30 new recruits at a job fair scheduled to be held in the 2023 second half, it was revealed yesterday.
RBPF shows off 50 new motorcycles to ‘assist with traffic management’
THE Royal Bahamas Police Force has acquired 50 motorcycles, according to Police Commissioner Clayton Fernander, who said the bikes cost millions.
Davis administration denies Minnis charge UB tax exemptions are being reduced
THE Davis administration has denied Dr Hubert Minnis’ claim it is reducing the taxes the University of The Bahamas is exempt from paying.
Doctors targets share offering for end-August
Doctors Hospital is targeting end-August 2023 for a share offering that will give more Bahamians an ownership interest in the healthcare provider just as it aims to “near double” pre-COVID’s $60m annual revenues.
Wendy’s says PI ambition not over despite reverse
The Wendy’s and Marco’s Pizza operator last night asserted it has not abandoned its Paradise Island ambitions despite the planning appeals board overturning the approvals previously granted for the former Scotiabank site.
Bell on Nassau Cruise Port; Minnis administration ‘executed a bad lease’
IMMIGRATION Minister Keith Bell and former Prime Minister Dr Hubert Minnis clashed over the Nassau Cruise Port yesterday after the Carmichael MP said the Minnis administration executed a bad lease agreement.
FTX chief: I’ll tie US up in Bahamas ‘for years’
FTX’s founder has warned he will use the Bahamian judicial system to block efforts to bring additional fraud, bribery and corruption-related charges against him “for years” by going all the way to the UK-based Privy Council.
‘NO ONE WANTS BOOTS ON THE GROUND IN HAITI’: Prime Minister says there’s no appetite for international force
ALTHOUGH United States Vice President Kamala Harris renewed the Biden administration’s push for a multi-national security force in Haiti during her visit to The Bahamas last week, Prime Minister Philip “Brave” Davis said there is still no appetite among CARICOM countries for sending forces to the country.
Woman accused of unlawful sexual intercourse with a 13-year-old boy
A 36-year-old woman is behind bars after being accused of sexually assaulting a 13-year-old boy last month.
Bahamas to host Speed Capital International Championships
Three-day event comes to nation for the first time
Speed Capital is bringing its international championships to The Bahamas for the first time. The three-day event is set to take place starting at 6pm on Friday and will continue until Sunday, June 19 at the Thomas A Robinson Stadium.
Four Seasons summer fun run/walk takes place this Saturday
Four Seasons Race Management will host their second seasonal fun/run walk this Saturday at Goodman’s Bay Beach. The event is under a theme that will allow persons to participate in bikini tops or bareback which is optional. The fitness event will get underway at 6am and the first place male and female finisher will receive a cash prize of $100.
Red-Line Athletics athletes ready for the next step
The Red-Line Athletics track club saw a few of their star athletes cross the stage at the St Augustine’s College graduation ceremony yesterday. The newest members of the class of 2023 celebrated their milestone in front of family, friends, and guardians at the Atlantis Imperial Ballroom. The Red-line Athletes included Alexis Brown Jr, Clinton Laguerre, Tumani Skinner, Johnathon Fowler, Ezthia Maycock, Jadyn Demeritte, and D’Angelo Collie. The athletes are preparing for the next step as they venture into early adulthood.
Credit union’s $1m wind-up nears end
More than two-thirds of the cheques representing outstanding funds owed to hundreds of the One Eleuthera Cooperative Credit Union’s (OECCUL) members were signed over the weekend, its liquidator confirmed yesterday.
