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Andros Chamber puts back investor conclave to March
The Andros Chamber of Commerce has pushed back its economic and investment conclave, which is designed to connect entrepreneurs with investors, from late January to mid-March 2024.
Cabbage Beach vendors will 'stand up' for access
A attorney for the Cabbage Beach Vendors Association yesterday pledged its members will "stand up and fight" if the Ocean Club's expansion impacts their access to Paradise Island's northern shore.
Teenage girl shot dead as gunmen open fire on home
SIXTEEN-year-old Davinique Gray was murdered on Saturday, two years after her father was murdered and one day after what would have been his birthday.
INSIGHT: The question of accountability
HAPPY New Year, readers. The ways in which the Christmas holidays fell means it’s been some weeks since my last column – and there certainly has been a lot that has gone on since then.
FTX US chief feared $9bn Bahamas ‘risk’
FTX’s US chief has admitted he feared a “risk” that the crypto exchange’s Bahamian liquidators “could be awarded material” sums on their $9bn-plus claim if he failed to settle their dispute.
200 jobs through Ocean Club’s $400m expansion
The Ocean Club’s upcoming $400m expansion will create 200 full-time jobs once the development is fully completed in 2027, the project’s partners have revealed.
FTX real estate sell-off can’t cover $256m debt
The sell-off of FTX’s high-end properties “will not be sufficient” to fully repay the $256.3m debt owed to the crypto exchange’s Bahamian subsidiary, it has been asserted.
'We didn't hit $1bn, but we did very well'
The Bahamian high-end real estate market will "do at least as good as 2023 if not better" in 2024, as one major realtor said of last year: "We didn't do $1bn in sales but we did very well."
One man dead as 36 cases of COVID-19 reported in six weeks
CASES of COVID-19 are on the rise in New Providence and Grand Bahama, with one man dying.
After 16-year-old girl killed as house riddled with bullets, PM asks: PRAY FOR END TO VIOLENCE
PRIME Minister Philip “Brave” Davis said he was saddened and shocked by recent murders in the country.
Mullings soars to new record
AFTER spending the past year working on his technique in a new location, former national decathlon record holder Ken Mullings decided to go back to Urbana, Illinois, to continue his training in his attempt to qualify for the 2024 Olympic Games in July in Paris, France.
Buddy on the move?
Grand Bahama native Chavano “Buddy” Hield could find himself on a new team roster before the National Basketball Association’s (NBA) trade deadline in early February. The current Indiana Pacers shooting guard has bounced between the starting lineup and bench unit since the start of the 2023-24 NBA season and is now actively involved in trade rumors once again as the February 8 deadline looms.
T-Bird Flyers Classics sees more CARIFTA qualifiers
The 32nd T-Bird Flyers Track and Field Classic was a success not only for event organisers but also athletes vying to compete at the 2024 CARIFTA Games scheduled to take place in St George’s, Grenada.
Brave, true words at Lyford Cay
Having seen excerpts from the Prime Minister’s speech at Lyford Cay last week, I am left with the hope that we may finally have a government that understands the basic interests of The Bahamas and Bahamians for the first time since that of Lynden Pindling.
DEREK SMITH: Companies must adapt to governance changes
This year, governance, risk and compliance (GRC) will continue to evolve rapidly, driven by technological advances, evolving regulatory environments and changing economic conditions. Gartner projects $205bn in end-user spending on risk management and cyber security in 2024, an increase of 14.3 percent from 2015. GRC programmes will become ever-more important as the regulatory landscape becomes more complex.
Governance reformers: Make transparency laws 'a priority'
Governance reformers yesterday argued that prioritising government transparency and accountability will help combat the same cost of living crisis that the Davis administration is focused on.
Fidelity defends ‘nominal’ in-person service charge
Fidelity Bank (Bahamas) is defending its imposition of a fee for in-person services by describing the sum involved as “nominal” and pointing out it is the last bank to levy such a charge.
Cruise port targeting 25% visitor rise to 5.6m in ‘24
Nassau Cruise Port yesterday affirmed it is targeting a near-25 percent increase in passengers to 5.6m for 2024 after receiving close to 4.5m last year.
Graycliff workers enjoy 20% pay increase over five years
The hotel union’s president says the newly-signed industrial agreement with Graycliff will give 50 workers a 20 percent pay rise spread over five years and place them in a “more stable position”.
Miss Bahamas Universe resigns claiming lack of support
MISS Bahamas Universe Melissa Ingraham has resigned from her position, saying her decision was due to the disappointing experiences and a lack of support from the Miss Bahamas Universe Organisation.
