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Liquidators ‘blocked as ArawakX set up similar operation in US’
ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.
ArawakX ‘to be reported’ to police amid $4m insolvency
The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.
Puerto Rico routs Bahamas 86-67
FIBA 2025 AMERICUP QUALIFIER
After winning their opening game by 11 points on Thursday at the Coliseo Roberto Clemente Gymnasium, The Bahamas men’s national basketball team watched helplessly as Puerto Rico came to town and turned the tables with a 19-point rout.
'Phenomenal': Carnival's extra $100m to drive 5.5m GB cruise tourism surge
Carnival's extra $100m investment to double the volume of ships its new port can handle will lead a cruise-driven 5.5m visitor surge to Grand Bahama in 2028, it was revealed yesterday.
Bahamas defeats Puerto Rico 88-77 in FIBA AmeriCup Qualifier
TEAM Bahamas, with its best performances coming off the bench, knocked off Puerto Rico by 11 points last night to win their opening match of the FIBA AmeriCup 2025 Qualifiers.
FRONT PORCH: The power of empathy and service to others
“SERVICE is what prayer looks like when it gets up off its knees and walks around the world.” – Fr Michael Graham, SJ.
Gov’t holds firm as $259m deficit near-double target
The Government has not adjusted any of its 2023-2024 fiscal targets despite revealing yesterday that its $258.7m half-year deficit was almost double the full 12-month goal.
Gov’t eyes $140m ‘accrual’ over corporate income tax
The Government is exploring how Bahamas-based companies that will pay the new 15 percent corporate income tax can “accrue” a projected $140m in revenues before the enabling laws are enacted.
EU blacklist escape blocks double-digit insurance rise
Bahamian households and businesses yesterday escaped potential double-digit increases in insurance costs after this nation secured its removal from the European Union’s (EU) tax blacklist.
$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim
The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.
Bannister: No cap on WSC contract approval
FORMER Works Minister Desmond Bannister testified that the Water and Sewerage Corporation’s (WSC) board was not legally required to refer contracts over $250,000 for ministerial approval during his last day of testimony in the bribery and fraud trial of Long Island MP Adrian Gibson and five others.
Bahamas must feed itself to be ‘truly independent’
A CABINET minister yesterday asserted that The Bahamas can only be “truly independent” if it achieves food security where its citizens are able to feed themselves.
INSIGHT: Causes of crime not new, but deepening – what now?
“Hate multiplies hate, violence multiplies violence, and toughness multiplies toughness in a descending spiral of destruction.” - Martin Luther King, Jr.
Bahamas set to reach tourism's final frontier
The Bahamas has signed a first-stage agreement with SpaceX, the rocket and spacecraft maker founded by billionaire Elon Musk, which will position it as a destination from which to watch booster landings.
GOVT RULES SET ON CITIZENSHIP DNA – Darville: Details ‘soon’ after ruling by Privy Council
THE Davis administration has finalised its genetic testing protocols for people affected by last year’s landmark Privy Council ruling and will soon release more details about the procedures, Health and Wellness Minister Dr Michael Darville said on Friday.
Hugh Campbell Classic ‘off to sizzling start’
THE prestigious Hugh Campbell Basketball Classic got off to a sizzling start as some of the top senior boys’ teams made their early statements over the weekend at the Kendal Isaacs Gymnasium.
Jonquel Jones re-signs with New York Liberty
JONQUEL “JJ” Jones, former Women’s National Basketball Association (WNBA) MVP, has decided to run it back with the New York Liberty for the upcoming season
FRONT PORCH: Signs of failure and dysfunction still plague us
Last year there were 103 homicides in Greater London, with a population of approximately 8.9 million. The Bahamas, with approximately 400,000 people, had 110 murders, the majority of them on New Providence, with a population of approximately 300,000. Stabbing accounted for 65.05 percent of the homicides in London. The greater majority of homicides in The Bahamas are caused by guns.
Balance required on ‘more intrusive policing’
THE response to the recent spike in murders has seen a particular trend – with a greater emphasis on police action balanced against the question of human rights.
Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.