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Sky diving provider burning $8,400 monthly in wait to become licensed
A skydiving excursion provider yesterday said it is burning through $8,400 per month on renting a plane it cannot use as it battles to obtain the necessary licences and permits.
Deficits overwhelm growth six-fold in driving debt hike
Weak economic growth has been overwhelmed by the six-fold greater impact of surging fiscal deficits and failed to keep The Bahamas’ debt ratios in check, a multilateral lender is asserting.
URCA proposes 20% expansion in budget
The Utilities Regulation and Competition Authority (URCA) is for the second consecutive year proposing a major hike in its operating budget via a near-20 percent increase for 2024.
Holiday heartaches for the families of those still missing
THIS Christmas season is anything but merry for families still hoping for the return of their missing relatives. Kyle Carey and Daniel Padilla, Jr, disappeared on May 11 and October 2, respectively.
CARIFTA countdown
The countdown is now officially on for the 2024 CARIFTA Aquatics Championships slated to be held right here on home soil at the Betty Kelly-Kenning Aquatic Centre March 28 to April 7.
EDITORIAL: Should the name of Nassau’s historic hotel change?
“What’s in a name? That which we call a rose by any other name would smell just as sweet.” So says William Shakespeare as Juliet longs for Romeo though finds that it “tis but thy name that is my enemy”.
Commission asset turnover as part of FTX’s settlement
FTX Bahamas’ liquidators have agreed to use “commercially reasonable efforts” to ensure some $426m worth of digital assets held by the Securities Commission are transferred to their US counterparts.
Abaco residents renew water billing complaints
An Abaco resident says she has been hit with a $1,300 Water & Sewerage Corporation bill despite being absent from her property for over three years after it was devastated by Hurricane Dorian.
Gov’ts $544m undershoot on Dorian and COVID-19
The two greatest crises in modern Bahamian history resulted in the Government’s 2019-2020 revenues falling $544.1m short of their target, its leading fiscal watchdog has affirmed.
Focus on cost of living issues
LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.
Man charged with stealing scooter and cash granted bail
A MAN was granted bail yesterday after being accused of stealing a man’s scooter and extorting $200 cash from him last week.
BAAA Odd Distance Meet all set for Friday
THE Bahamas Association of Athletic Associations (BAAA) will get an early start to the track and field season beginning with the Odd Distance Meet scheduled for Friday at the original Thomas A Robinson Stadium.
NPVA Recap: Panthers on a roll to close out the year
THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.
CBS: Online platform in 20% of Xmas sales
A Bahamian retailer yesterday said its e-commerce platform is generating 20 percent of total revenue this Christmas season.
PETER YOUNG: New initiative by Bahamas to combat climate change
TWO years ago at the UN’s Conference of the Parties on climate change, COP26 in Glasgow, Prime Minister Philip Davis delivered a memorably impressive speech. He spoke eloquently and in dramatic language about the potentially catastrophic effects of climate change and global warming on low-lying Small Island Developing States (SIDS) like his own, in particular as a result of rising ocean levels.
Straw Business Persons Society president says ‘too costly to only sell authentic Bahamian products’
STRAW Business Persons Society president Rebecca Small defended the work of straw vendors, insisting it is too costly to only sell authentic Bahamian products.
Dorian and COVID-19 cost Bahamas one year’s GDP
The Inter-American Development Bank (IDB) has approved doubling its crisis financing facility for The Bahamas to $200m after combined Dorian and COVID losses matched this nation’s annual economic output.
Man charged with stealing and 24 breaches while on bail
A MAN was sent to prison yesterday after he allegedly breached his curfew 24 times this year while on bail for four counts of armed robbery.
Man charged with possession of hemp with intent to supply
A MAN was fined $6,500 yesterday after admitting to having $3,040 worth of marijuana products in his home last week.
INSIGHT: So how safe is your pension?
FORMER Tribune managing editor JOHN MARQUIS had his Bahamas pension blocked “without warning and for no good reason”. As he battles for its reinstatement, he asks what the implications might be for Bahamian pensioners and those expats who devoted their working lives to The Bahamas.
