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Prodigal Sons forced to return $30K seed funding
The Prodigal Sons Junkanoo Group will be forced to return $30,000 in seed funding to the government after the Category A group dropped out of both the 2023 Boxing Day and 2024 New Year’s Day parades.
'No fear of contradiction' on Govt $500m loan use
The Ministry of Finance's top official last night denied that a recent $500m loan was used to pay-off a maturing government bond as the Opposition raised renewed concerns over the financing.
Bahamian overseas investments 'didn't quite hit' $250m prediction
Bahamian investments in international stocks, securities and real estate "didn't quite hit" the predicted $250m mark for 2023 "but came close", the Central Bank's governor revealed yesterday.
Gov't launches solar bid for 100MW in New Providence
The Prime Minister yesterday hailed "a turning point" for the Bahamian energy sector as the Government launched its search for up to 100 Mega Watts (MW) of renewable power for New Providence.
'Decade of contraction' ends with $50m credit expansion
The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
Witness in Gibson trial claims she ‘cried out’ over abuse while at WSC
A WITNESS in Adrian Gibson’s criminal trial claimed she suffered abuse when she headed the health and safety department at the Water and Sewerage Corporation (WSC), prompting her to ask the former chairman to relieve her of the post.
PM: Another nation will step up on Haiti
PRIME Minister Philip “Brave” Davis expects another country to step up and lead a mission to stabilise Haiti if Kenya’s court prevents that country from playing the role, noting CARICOM countries lack the “capacity or the wherewithal” to lead the mission.
PROSECUTORS KEY TO DEATH PENALTY: Dame Anita Allen speaks on bail and executions
FORMER Court of Appeal president Dame Anita Allen said prosecutors should be more aggressive in seeking the death penalty in appropriate murder cases.
Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
Arawak Cay gains $130k sewage system upgrade
A Cabinet minister yesterday hailed the $130,000 upgrade of Arawak Cay's sewerage and pipe infrastructure as a "celebration".
Quaker remains 'very strong' despite recall
The Quaker brand's Bahamian wholesale distributor yesterday confirmed it will not drop its products despite recent recalls due to fears some may have become contaminated by salmonella tainting.
Abaco Chamber chief fears port PPP costs
Abaco's Chamber of Commerce president yesterday voiced concerns that outsourcing the Marsh Harbour port's redevelopment to private investors will increase the cost of living on the island.
Bahamas to grow 'in low 2% range' in '24
Improvements to workforce productivity and the ease of doing business are critical to boosting economic output with Bahamian GDP forecast to expand in "the low 2 percent range" in 2024.
WORLD VIEW – Red Sea crisis: Houthi attacks raising prices worldwide
UP until a few weeks ago, the Red Sea and Yemen held little significance for the peoples of Latin America and the Caribbean.
INSIGHT: Is murder a serious issue, or is it not?
IS it just me or is there some serious crosstalk going on over crime?
INSIGHT – Bahamas travel advisory: Zero violent crimes against visitors in 2024
AS we have learned over the many years, the US State Department is required by law to report on anything that may affect Americans travelling to other countries.
'Changing' property market on up to 300% listings jump
A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.
Target cruising's top 10% for 'awesome' conversion
Nassau Cruise Port's top executive yesterday said The Bahamas must target the "top 10 percent" of cruise visitors with a compelling "value proposition" to realise a "huge" stopover conversion opportunity.
Airline chief: Do not pin FAA audit blame on us
A Bahamian aviation operator is voicing concern that he and other airlines are being set up to get the blame if this nation is downgraded by US federal regulators following a recent audit.
