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EDITORIAL: Will Alfred Sears follow tradition and resign?
ALFRED Sears misled Parliament. It has taken some time to reach the moment when the Minister of Works and Utilities has admitted that fact. The matter is simple.
‘Disappointed’ in Eleuthera water firm
WATER and Sewerage chairman Sylvanus Petty expressed his disappointment with Aqua Design, the company contracted by the government to provide water to Central Eleuthera due to the repeated disruptions in supply.
‘New farming model’ to aid 57,000 trapped in poverty
A “new food production model” will aid up to 57,000 poverty-stricken Bahamians through the location of ten hydroponic container farms “in poor and vulnerable communities”, it has been revealed.
Bahamian bank, chair under US senate scrutiny on FTX
A Bahamian bank and trust company, and its chairman, are coming under increasing scrutiny by US senators over their links to FTX and other entities owned by the collapsed crypto currency exchange’s founder, Sam Bankman-Fried.
‘We didn’t have $40m for fuel hedge trades’
The Government and Bahamas Power & Light (BPL) last year lacked the $40m in free cash needed to finance cut-price oil purchases that would have saved electricity consumers millions, it was argued yesterday.
BPL’s solar drive targets $30m consumer savings
Bahamas Power & Light’s (BPL) chief executive yesterday said the utility could create $30m per year in savings when its proposed 60 Mega Watt (MW) solar project for New Providence becomes operational.
Golden win for Dorian Williams in Britain
A FORMER student of the Beacon School in Grand Bahama competed in the first British Down Syndrome swimming championships recently, taking the gold and silver medals in two events.
No change in electric disconnections yet after bills increase
THE recent hike in electricity bills has not affected the rate of electricity disconnections, according to Bahamas Power and Light CEO Shevonn Cambridge who revealed yesterday that monthly disconnections continue to hover around 1,400.
Knife killer ‘knew wife of victim’
THE sister of a man who was fatally stabbed at a home in Pinewood Gardens on Wednesday night believes he was killed by someone his wife knew.
‘More than 1,000 potholes patched’
THE Ministry of Works and Utilities has patched up more than 1,000 potholes in New Providence over the last five months as a part of its efforts to improve roads in the capital amid continued complaints over the issue.
Sears admits misleading House on BPL fuel hedge
A Cabinet minister yesterday admitted misleading Parliament by initially denying he was briefed on the Bahamas Power & Light (BPL) fuel hedging controversy that will allegedly cost households and businesses over $100m.
Implications of Warnock’s Georgia win
The much anticipated run-off in the Georgia Senate race has been completed, and the Democratic Party incumbent Raphael Warnock has won, giving his party a 51-vote majority in the Senate.
Two charged over firearms and drugs
TWO men were charged in the Magistrate’s Court yesterday in connection with recent firearm and drug possession charges after being captured by police following a car chase.
Shamar Burrows earns player of the week honours
SHAMAR Burrows concluded the first semester of the Atlantic University Sport basketball season with a conference-wide honour.
‘Residents can still apply’ despite SERZ order end
DESPITE the end of the Special Economic Recovery Zone provisions, government MPs reiterated yesterday that residents in Grand Bahama and Abaco still needing post-Dorian assistance can apply to the relevant agencies to get the help they need.
Carnival is back - and this time it’s ‘fully sanctioned’
OPERATORS of this year’s “fully sanctioned” Christmas Carnival anticipate large crowds as the prices of tickets have not risen, and there are three new attractions and new safety measures available for the holiday event.
Debt consolidation ‘uptick’ as credit reports double
Fidelity Bank (Bahamas) doubled the number of debt consolidation-linked credit reports it requested for November, its top executive revealed yesterday, as it targets a “flat” loan book outcome for the fourth quarter.
Marinas suffer 40% or more business plunge
Bahamian marinas were yesterday said to have suffered up to a 40 percent or more decline in business that is being blamed on VAT’s imposition on yacht charter fees.
FNM chairman queries FTX chief’s local status
The Government should begin examining “in a very deliberate fashion” the immigration status held by embattled FTX chief, Sam Bankman-Fried, and his close associates, the FNM chairman said yesterday.
Judge rejects ex-minister’s ‘boutique resort’ evidence
A Supreme Court judge has rejected evidence from a former Cabinet minister alleging that a Staniel Cay homeowner “circumvented” environmental requirements in constructing a property “typical of of a boutique hotel”.