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FTX’s Bahamas properties caught in Chapter 11’s net
FTX’s Bahamian real estate purchases - which could be worth a collective $300m - were made through a company currently covered by US Chapter 11 bankruptcy proceedings rather than the Bahamian provisional liquidators.
$525,000 donation boosts university
LYFORD Cay Foundations donated $525,000 to the University of The Bahamas which will increase scholarship grants to the university, boost study abroad scholarships for students and enhance the college bridging programme.
Minister contradicts press secretary on Village Road completion
DAYS after press secretary Clint Watson announced that work on Village Road should be completed by December 12, Works and Utilities Minister Alfred Sears said paving of the road is actually expected to last through the end of next month, but should be “substantially” completed before the start of the new year.
Former AG: Will exists to change sex offences laws
FORMER Attorney General Allyson Maynard Gibson believes that public officials have the political will to actually make changes to sexual offences legislation.
Surveys begin over shanty towns issue
THE GOVERNMENT’S shanty town committee has started surveying several irregular communities in the country as it seeks to crack down on the growing problem, according to Works and Utilities Minister Alfred Sears.
Bridge tolls may go up - but not for cars
THE Bridge Authority yesterday announced a possible toll increase for vehicles with heavy equipment and weight restrictions on the Paradise Island bridges next year pending an assessment on the traffic impact on the structures.
BPSU negotiations ‘to be satisfied this week’
CHIEF labour consultant Bernard Evans said negotiations between the Bahamas Public Service Union will be satisfied by the end of the week.
Munroe left ‘disappointed’ by increased murder tally
NATIONAL Security Minister Wayne Munroe expressed disappointment yesterday in the country’s murder toll which is the highest since 2017, saying “if one person is murdered, I am disappointed.”
DORIAN BREAKS ‘CANNOT GO ON’: Aid for hurricane-hit areas costing treasury purse ‘$50m a year’
The Ministry of Finance’s top official last night warned that Dorian-related tax breaks “cannot go on indefinitely” in their present form as they are costing the Public Treasury “probably $40m-$50m per annum or higher”.
National health care system plan
FROM the very early days of the late great and deeply lamented Sir Lynden Oscar Pindling, The Bahamas has been debating and talking about a National Health Care system, as nauseum.
Why did women’s national basketball team not travel?
WHO is responsible for the financial fiasco that forced the Bahamas Basketball Federation to leave the women’s national basketball team home, instead of travelling last week to compete in the Centrobasket Tournament.
Miller receives two international appointments
NEWLY minted National Hall of Famer Wellington Miller continues to be recognised for his leadership role, having been re-appointed to serve on two prestigious international sports boards.
Ministers praises promoted officers
A CABINET minster praised the Customs Department’s “hard work and dedication” in increasing government revenues and protecting Bahamian borders during a promotion ceremony for 62 officers.
Gov’t moves to expose small business ‘vision’
A CABINET minister says the Government is seeking to highlight “the ingenuity, talent and vision” of Bahamian entrepreneurs as part of small business month.
Tanks ordered to solve Eleuthera’s water woe
A Cabinet minister yesterday said the Government has ordered two one-million gallon water storage tanks for central Eleuthera to ease ongoing supply shortages and disruption.
Lettuce case price up 119% above ‘normal’
FOOD retailers yesterday warned that vegetable prices will continue to increase with the cost for a case of lettuce soaring by 119 percent compared to normal times.
Trouble with ‘round two’
At some point in their lives, almost all men deal with the problem of not being able to achieve an erection quick enough after experiencing the first ejaculation.
THE QUESTION OF PATERNITY LEAVE: Bahamian mothers advocate for more time off for fathers
The birth of a child can be the most exciting yet stressful and tiring time of a woman’s life.
‘Hold your breath’ as tour of prison held
GOVERNMENT officials toured several prison wings under renovation at the Bahamas Department of Correctional Services yesterday, including a newly refurbished juvenile facility that, once completed, will be able to accommodate up to 25 minor prisoners.
We’re on the Road to 50th Independence anniversary
THE Independence Secretariat yesterday launched the country’s 50th anniversary campaign, announcing events leading up to the milestone that starts next month with a national road race.