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FTX settlement ‘proves naysayers were wrong’
The FTX settlement shows The Bahamas has “beaten expectations” and “proven the doom and gloom naysayers wrong” over the crypto exchange’s collapse, a well-known businessman argued yesterday.
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.
LEFT STRANDED BY BAHAMASAIR: Passengers stuck without help or place to stay - and Romer says ‘no excuse’
BAHAMASAIR passengers travelling to North Eleuthera were stranded in Rock Sound on Monday after they were forced to disembark their plane without warning or help with accommodations.
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.
Tennis players advance to the finals
FOUR players advanced to the 2023 Giorgio Baldacci Open National Tennis Championships yesterday at the National Tennis Centre (NTC), in addition to qualifying to represent The Bahamas at the Davis Cup and Billie Jean King Cup tournaments.
I-BAP collaborates with Electric City Bombers to host Christmas camp
WITH 2023 now winding down, I-BAP (Bahamas Athletic Pride) in collaboration with New York’s Electric City Bombers intends to host a pop-up Christmas camp this Saturday at the Baillou Hills Sporting Complex.
Why corporate income tax?
Why is the Governor of Central Bank with his past experience as Financial Secretary promoting a Corporate Income Tax?
Our passive response is concerning
The Bahamian business community now appears alarmingly complacent in the face of escalating government overreach. It’s as though we’ve surrendered our spirit of defiance, meekly swallowing whatever directives and mandates are imposed upon us by policymakers. This worrying trend of passivity, where voices that used to question and challenge now remain eerily silent, is reshaping our business landscape.
GBPA Workers Union concerned over safety and insurance for all at Grand Bahama Shipyard
COREY Cartwright, president of the Grand Bahama Port Authority Workers Union, expressed concern about an industrial accident involving a contract worker at the Grand Bahama Shipyard.
Three years jail for woman in $30k vehicle import scam
A WOMAN was ordered to spend three years in prison yesterday after she failed to repay almost $30,000 in a vehicle import scam in 2020.
ALICIA WALLACE: Christmas is not the same for everyone - share love, kindness and understanding
THE holiday season is one we generally expect to be full of good cheer. Even through their complaints, people happily spend money — often more than they can really afford — on festivities, from decorations and food to gifts and events.
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.
Business Licence audit can’t be ‘too draconian’
A Bahamian accountant yesterday warned against the enhanced Business Licence verification process becoming “too draconian” and urged that some flexibility be provided on a “case by case” basis.
‘Landmark breakthrough’: FTX Bahamas strikes new Ray deal
FTX’s Bahamian liquidators yesterday hailed the settlement reached with their US counterpart as “a landmark breakthrough” that will avoid “years of protracted litigation” which would cost creditors dearly.
Reparations Committee chair calls for hotel name change
MANY welcomed the reopening of the British Colonial Hotel on Monday, but some, including the Bahamas National Reparations Committee chair Dr Niambi Hall Campbell-Dean, believe the hotel should have dropped its name.
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.
Christmas tree still half-done
Only our national Christmas tree doesn’t! Each morning this past week on my drive through town, I convince myself that what should be our beacon of beauty will have been sorted out, but, lo and behold, it still stands half decorated. Are the authorities seriously going to leave our national Christmas tree looking like this?
Teen charged with stabbing another teen outside mall
A 17-year-old youth was accused of stabbing a 16-year-old boy multiple times outside the Mall at Marathon earlier this month.
Man ordered to pay $1,500 fine after admitting to having hemp
A MAN was fined $1,500 after admitting to having eight and a half ounces of Indian Hemp on him last week.