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IMF report response blasted as ‘embarrassing if not so serious’
The Government and Opposition responses to the International Monetary Fund’s (IMF) report on The Bahamas “would be embarrassing if it wasn’t such a serious matter,” a financial observer has blasted.
Business Licence full audit ‘screams you don’t trust us’
The Government’s enhanced Business Licence verification regime “screams that you don’t trust us” to pay all due fees, the Bahamas Motor Dealers Association’s (BMDA) president argued yesterday.
Briland ‘won’t have a product to sell’ if energy woes persist
Briland resorts and property managers yesterday warned “we won’t have a product to sell if this continues” after the high-end tourism destination was hit by a third successive week of power and utility outages.
National debt shrinks $77m in third quarter
The Bahamas’ national debt shrank by almost $77m during the 2023 third quarter but this proved insufficient to reverse the total $400m-plus growth incurred over the prior 12 months, it was revealed yesterday.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Judge finds Daxon claims ‘frivolous, vexatious’
A JUDGE tore apart and struck out two lawsuits Maria Daxon brought against police and other public bodies, finding her claims frivolous, vexatious and abusive of the judicial process with no real prospect of success.
‘HATE CRIME’ ATTACK ON TRANS WOMAN: American tells court ‘five or six men’ beat her at Bay Street club
A LAWYER claimed an American transgender woman was beaten “black and blue” during a “hate crime” at a club on West Bay Street on Saturday.
DON’T BLINK: Stage set for baseball extravaganza this week
The stage is set for the Don’t Blink Baseball extravaganza this week. It all begins 4pm today at the Andre Rodgers Baseball Stadium with a kid’s clinic, organised by the MLBPA. Immediately following that at 7pm will be the celebrity softball game at the stadium as well.
Catholic Primary Schools Finals: Shockers go up 1-0
THE Sts Francis and Joseph School Shockers boys and girls advanced to a 1-0 series lead after game one of the Catholic Board of Education Primary Schools Championships yesterday at Loyola Hall.
Dunkin’ Donuts Baseball Treat
ON Monday, Dunkin’ Donuts on East Street was transformed into the epicentre of baseball and Dunkin’ delights, as local baseball players from the highly anticipated Don’t Blink Home Run Derby took a break from knocking balls out of the park to serve customers not only coffee and donuts, but lots of smiles.
‘Buddy’ Hield thriving in starting role for Pacers
SINCE being added to the Indiana Pacers’ starting unit in late November, Bahamian guard Chavano “Buddy” Hield has thrived in his starting role.
Pintard shows how not to lead
Free National Movement (FNM), once a symbol of political strength and progress in the Bahamas, now languishes under the lackluster leadership of Michael Pintard. This period in the party’s history will likely be remembered as a time of missed opportunities, strategic blunders, and a glaring disconnect from the Bahamian electorate.
Man allegedly robbed woman at gunpoint on Carmichael Rd
A MAN is behind bars after allegedly stealing a woman’s purse at gunpoint at a bus stop on Carmichael Road last week. Two civilians reportedly detained the suspect before police arrested him.
Three men charged with loaded gun possession
THREE men were granted bail after they were allegedly found with a loaded gun in their car on Cowpen Road last week.
Coral restoration drive to boost ‘blue’ economy
The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.
Cement maker hails 2023 as ‘amazing year’ in construction
A cement manufacturer yesterday branded 2023 an “amazing year” for construction as it focuses on expansion to the Family Islands in 2024.
Bahamian firms urged to embrace AI benefits
Bahamian companies are being urged by the head of a local technology firm to embrace the advantages of using artificial intelligence (AI) in their day-to-day operations.
Ministry of Agriculture giving $64k held to Potters Cay vendors affected by fire
POTTER’S Cay Dock vendors whose stalls were destroyed during a recent fire will share $64,823 from the Ministry of Agriculture and Marine Resources to rebuild.
‘Happy medium’ within sight on Business Licence anxiety
The Ministry of Finance’s top official last night voiced optimism that “a happy medium” is close over new Business Licence verification rules that were causing growing private sector anxiety.
‘Condemned’ risk over fiscal watchdog’s continued limbo
The Bahamas risks being “condemned” for failing to sustain a key watchdog with most Fiscal Responsibility Council (FRC) members viewing their tenure as having ended, one has revealed.
