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Atlantis in 25% large boat fall-off post-VAT
Atlantis has suffered a 20-25 percent fall in large vessel volumes since VAT’s imposition on charter fees, its marina dockmaster has revealed, with the decline “definitely hurting the small man” more.
US: Gov’t ‘stalling’ on anti-corruption fight
The US State Department yesterday accused the Government of “stalling full implementation of anti-corruption legislation that would promote transparency and good governance” such as the Freedom of Information Act.
ITF/COTECC U-12 tennis: Inclement weather halts play for Team Bahamas
TEAM Bahamas had a busy day yesterday in Santo Domingo, Dominican Republic. The tennis players competed in the beginning of the Billie Jean King Cup Americas Group ll tournament, and day three of the ITF/ COTECC U-12 Sub Region 3 competition.
Gas dealer deal likely ‘by end of summer’
Financial Secretary Simon Wilson indicated on Tuesday that negotiations for a price margin increase with the gas retailers are progressing well and an agreement should be finalised by the end of summer.
Albany developer charged on ‘brazen insider trading’
The Bahamas-based billionaire who spearheaded Albany’s development was yesterday charged with orchestrating a “brazen insider trading scheme” that allegedly netted millions of dollars in illicit profits for his closest associates.
Roadrunners Track & Field blaze through an epic AAU
ANOTHER track and field season has come to an end with the Roadrunners Track & Field Club blazing their way through an epic performance at the annual AAU Club Championship in Orlando, Florida.
FACE TO FACE: Bahamian Diaspora Awards celebrate the story of our people around the globe
BAHAMIANS are known for leaving indelible marks wherever they go. Amazing stories of Bahamians who are excelling in various fields and making a positive impact in their communities come from every corner of the globe.
Nassau flagship drives 1/3 of parent’s income
Nassau Cruise Port is being hailed as a flagship investment by its controlling shareholder with The Bahamas now accounting for almost one-third of its total group adjusted revenues and operating income.
Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
BPL: From ‘dramatic savings’ to sky-high bills in three years
Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.
Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
Musicians hit at ‘second class citizens’ treatment
Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.
Opposition ‘to hammer’ Gov’t on BPL’s $110m
The Opposition’s leader has pledged to “continue to hammer” the Government over the accounting treatment it is using for the $110m loan advanced to Bahamas Power & Light (BPL) to pay off its fuel arrears.
Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.
WORLD VIEW: Haiti urgently needs a genuine and representative transitional government
HAITI’S non-elected President, Dr. Ariel Henry has been identified as a significant part of the current crisis in Haiti. Henry and a small clique, who surround him, are hardly running the affairs of the state. Indeed, as armed gangs control more than 60 per cent of Port-au-Prince and the main corridors throughout Haiti, the disappearance of the state is obvious.
Andros Chickcharnies take home gold in golf
Grand Bahama Lucayans secure silver, NP Buccaneers win bronze
THE Chickcharnies will carry the sixth Bahamas Games team gold medal home to Andros.
Navigators, Adventurers claim their gold medals
THE Exuma and Ragged Island Navigators along with the Eleuthera Adventurers brought gold to the Family Islands after winning the basketball segment of the Bahamas Games.
Minister Bowleg: ‘This was a great Bahamas Games’
AS the curtain came down on the sixth Bahamas Games, Minister of Youth, Sports and Culture Mario Bowleg said he was pleased with what he saw from the nine days of competition.