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‘Land locked’: Cable Beach restaurant help backfires
A landlord’s bid to prevent its Cable Beach restaurant tenant from becoming “land-locked and inaccessible” to customers has backfired after the Supreme Court rejected its claim to ownership of a key asset.
Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
Dialogue ongoing for ‘language that’s acceptable to all’ on marital rape bill
SOCIAL Services Minister Obie Wilchcombe said on Friday he could not confirm a timeline for when consultations for marital rape legislation will be done, adding discussions are still continuing .
FNM wants immediate action on shanty towns
FREE National Movement (FNM) leader Michael Pintard said now that the “legal hurdles” have been overcome, the party supports and calls for immediate action after a Supreme Court Justice lifted a previous injunction regarding shanty towns.
FTX creditors ‘fortunate’ Bahamas acted on hack
FTX’s US chief has admitted to the Delaware Bankruptcy Court that clients and creditors were “fortunate” The Bahamas acted to safeguard assets from theft by hackers in a total reversal of his previous attacks.
Sustainable tourism now the ‘fastest growing’ niche
SUSTAINABLE tourism has become the “fastest growing” segment of The Bahamas’ most important industry in COVID-19’s aftermath, a leading official says.
Earthquakes and history
ActivTrades
LARGE earthquakes have been a persistent threat to human civilisations throughout history, causing destruction and altering the course of entire societies.
m/v Legacy freed, now docked at Arawak Cay
SUNDAY UPDATE: The m/v Legacy has been freed after it ran aground in waters near Egg Island off Spanish Wells last week and is now docked at Arawak Cay. The vessel reportedly managed to avoid taking on water during the incident.
Wilchcombe slams FNM"s parliament protest
OBIE WILCHCOMBE, the leader of government business, on Friday blasted the Free National Movement’s protest in parliament, describing it as just a “show” and a misuse of the media.
Shanty town demolitions, evictions can resume after court ruling
DEMOLITION of shanty town properties and evictions of residents can resume after a Supreme Court Justice lifted a previous injunction on Friday when residents failed to prove such actions would be unlawful.
Moody’s claims that we’re optimistic? We have to be
The Bahamas must “hold the line” on government spending to build investor confidence that it is not solely relying on economic growth “to fund any errors” in its fiscal projections, a well-known banker urged yesterday.
‘Can’t look other way’: Queries on 47% of Business Licences
A Cabinet minister yesterday said the tax authorities simply “cannot look the other way” when 47 percent of Business Licence applicants are submitting no turnover or “exactly the same amount for the last three years”.
Bran: 'Can't water out of stone' over health VAT
A former Democratic National Alliance (DNA) leader is blasting the Government's "misguided decision" to change the VAT treatment of health insurance claims payouts, arguing: "You can't get water out of a stone."
STATESIDE: Restlessness in the US over amount of aid to Ukraine
THERE’S been a lot of talk since the beginning of this year about American resolve.
Watson: ‘we don’t know what decision has been made’ on NIB increase
PRESS secretary Clint Watson was unable to confirm yesterday whether the government has approved an increase for National Insurance Board contribution rates.
Press secretary says Wilchcombe will address the FNM’s questions when the House reconvenes
AFTER Free National Movement leader Michael Pintard said he would summon senior civil servants before the Public Accounts Committee, press secretary Clint Watson said yesterday parliamentarians will deal with the matter if it arises.
Brensil Rolle says uncollected fees the major issue facing NIB
A FORMER minister says he believes the major issue facing the National Insurance Board (NIB) is the collection of outstanding fees – as well as making certain other businesses and individuals pay their national insurance.
Priest calls on government to ‘respect and protect’ sacramental right to marijuana
WITH legislation for marijuana legalisation near completion, Rastafarian priest Rithmond McKinney is urging the government to “respect and protect” his community’s sacramental right of cannabis possession.
FTX’s Bahamas cash shrank 76% in month before collapse
Cash assets held by FTX’s Bahamian subsidiary were “materially depleted” to the extent they shrank by 76 percent - or more than three-quarters - in the five weeks immediately prior to the crypto exchange’s implosion.
Taxis and vendors on licence fast track
ECONOMIC Affairs Minister Michael Halkitis revealed yesterday that business licence applications for taxi drivers, straw vendors, and roadside vendors will be fast-tracked - while only 3,000 of 33,000 applications have been approved so far.
