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Plans made to build new high-medium security correctional facility

NATIONAL Security Minister Wayne Munroe revealed yesterday that officials are hoping to break ground in the coming weeks on the construction of a new high-medium security correctional facility at the Bahamas Department of Correctional Services.

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Miller-Brice ‘stands with women’ on gender violence

LESLIA Miller-Brice, the Bahamas High Commissioner to CARICOM, vowed yesterday to “stand with any female” that is facing gender-based violence in The Bahamas.

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Phones and drugs seized in prison

SOME 400 cell phones have been confiscated by officers at the Bahamas Department of Correctional Services for the year as officials enhance their efforts to crack down on contraband smuggling.

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DEADLIEST YEAR FOR NATION SINCE 2017: Body found dumped on Cowpen Road in latest murder

THE Bahamas reached a grim milestone yesterday morning after another murder was recorded, surpassing last year’s murder count.

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Mt Carmel senior boys rout Greenville 43-25

BAHAMAS SCHOLASTIC ATHLETIC ASSOCIATION

IT was an excellent start to the Bahamas Scholastic Athletic Association’s (Small Schools) 2022/2023 basketball season.

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Deyton Albury and Paul Greene help Chipola move up in NJCAA rankings

DEYTON Albury and Paul Greene continue to lead Chipola’s ascent up the national rankings while Emmanuel Alexandre and Colin Storr’s production continue to lead the group of Bahamians at Northeast Community College.

Miller Jr, Harvey win tournaments on Thanksgiving

AHMARD Harvey and Franco Miller Jr saw their respective programmes win early season tournaments over the Thanksgiving holiday weekend.

CBS sees 41% Black Friday sales increase

CBS Bahamas yesterday said Black Friday sales increased by 41 percent compared to pre-pandemic 2019 as Bahamians moved to beat supply chain backlogs through acquiring Christmas gifts early.

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INSIGHT: The long walk to freedom for women in The Bahamas

THE pomp and ceremony of Parliament was on full display last week – but for the best of reasons.

Marina chief suffers ‘worst Thanksgiving in 30 years’

A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.

NGOs cleared on terrorism: High risks’ $150m turnover

All Bahamian non-profit groups have been cleared of any involvement in financing terrorism with those deemed to present a “higher” risk found to collectively control some $150m in turnover.

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AG tells world: Don’t blame us over FTX

The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.

Elderly woman’s death at Exuma resort believed to be ‘accidental’

AN elderly American woman was found dead at a local resort in Exuma early Friday morning, with officials believing her death was “accidental”.

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AG DEFENDS THE NATION OVER FTX: Ryan Pinder hits out at assertions over Bahamas regulations

ATTORNEY General Ryan Pinder last night defended the country’s digital asset regulations in the wake of international criticisms over its regime following FTX’s collapse, calling assertions that FTX only came to The Bahamas because it was a poorly regulated jurisdiction “shocking” and ignorant.

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Hurricane Hole Superyacht Marina opened

STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.

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PM told: $22m savings if BPL fuel trades done

A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.

New PI super yacht marina 80% booked

PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.

BAIC eyes second industrial park plan

The Bahamas Agricultural and Industrial Corporation’s (BAIC) chairman has revealed a new industrial park will be created on Carmichael Road as the Government seeks a $50m credit line to further boost small businesses.

Coral deposits find delays Fortune Bay canal dredge

DREDGING of Freeport’s Fortune Bay canal system has been delayed due to the need to protect coral ecosystems from harm.

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Lessons learned

ActivTrades

The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.