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Chief Justice is ‘satisfied’ ArawakX $2.4m insolvent
The Chief Justice yesterday ruled “there is more than sufficient evidence” of ArawakX’s $2.4m insolvency to justify appointing a provisional liquidator to take control of its affairs and protect assets.
Gov’t denies BPL $5 late fee plans
The Government yesterday said it has “no intention of allowing Bahamas Power & Light” to impose an extra $5 charge on late-paying consumers and further burden struggling households.
Bahamas Water Polo team off to CARIFTA
WITH a chance to compete with some additional teams from the Florida area, the Bahamas will join three other teams from the Caribbean to participate in the 2023 Under-14 Co-Ed CARIFTA Water Polo Championships.
Planting the future
Primary schools received fruit trees from BAMSI as part its One to One initiate.
FRONT PORCH: A national lottery can help Bahamians in countless ways
IN our 50th year of independence, the national debt remains a source of deep concern, with state resources stretched across our archipelago. The country remains at risk of downgrade from various rating agencies. The debt will worsen with the next major hurricane, pandemic and/or financial crisis.
EDITORIAL: BPL albatross around govt’s neck
BAHAMAS Power and Light may just be the albatross around the neck of this government.
UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
BOB rejects $33m ArawakX demand
The Securities Commission was yesterday accused of “callous disregard” for ArawakX’s interests by allegedly interfering with its demand for a $33m settlement from Bank of The Bahamas.
Social media complaints over govt breakfast provided at schools, asking if it’s ‘jail food’
CRITICISM has been levelled at government’s national breakfast programme on social mediaafter images of some of the meals were circulated - with some comparing it to “jail food” and human faeces.
FTX Bahamas signals fresh Ray ‘progress’
FTX Bahamas’ liquidators and their US adversary yesterday suspended all scheduled legal filings as they bid to resolve their dispute outside the courtroom.
‘UP WAGE TO $350 - OR RISK STRIKES’: Unions agree to take vote as the call for minimum pay raise
A labour leader yesterday called for a further minimum wage hike to $350 per week by June 2024 as he revealed that multiple trade unions have agreed to each “take a strike vote”.
Deyton Albury looks to bounce back after loss
Just misses triple double in his NCAA Division 1 debut
After waiting all of his life to finally get to make his debut in a division one game, starting point guard Deyton Albury said he was taken aback by the bright lights and the atmosphere last night inside the Cam Henderson Center in Huntington, West Virginia.
Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
Despite health concerns, possibly due to mould, Ministry of Grand Bahama remains open
STAFF at the Grand Bahama Ministry has been experiencing health issues due to the presence of mould at the Harold DeGregory Government Complex Building on the Mall.
Kool Acres demolition begins in wake of shanty town blaze
AS the demolition crews moved into Kool Acres shanty town yesterday, resident Souvenance Similien watched, hoping to reclaim the abandoned car he calls home.
DEMOLITION GOES ON DESPITE SHANTY FIRE: No casualties reported but cause of blaze is still being investigated
DEMOLITION of the Kool Acres community will still proceed today despite the blaze that tore through the shanty town on Saturday engulfing more than 70 homes and destroying numerous belongings and personal items.
Donald Thomas soars for bronze in high jump
EACH year, as long as he feels healthy, Donald Thomas said he will be out to make his presence felt on the international scene. Although he admitted that he was not at full strength, Thomas said he wanted to give it his best shot at this year’s Pan American Games in Santiago, Chile.
Swimming, athletics receive top honours at National Sports Awards
OVER the weekend, the swimming and athletics disciplines took home a majority of the awards at the Ministry of Youth, Sports and Culture’s National Sports Awards.
Bahamas must target 70% cruise visitor ratio
A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.
