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Crypto mining ban 'begs explanation'
A Bahamian digital assets entrepreneur says the Securities Commission's decision to ban crypto currency mining in the revised Digital Assets and Registered Exchanges (DARE) Bill warrants further explanation.
GB Power solar rates '30% below Caribbean'
Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.
Govt to remove shanty homes via building regulations act
ATTORNEY General Ryan Pinder said the Davis administration would demolish shanty town structures using the process outlined in the Buildings Regulation Act after the Supreme Court failed to deliver a favourable result to the government last week.
Bahamas liquidators slam US FTX chief's 'underhand' tactics
FTX's Bahamian liquidators yesterday accused their US adversaries of employing "underhanded" tactics to seize control of all the crypto exchange's clients and assets - including those that fall under their winding-up process.
FTX EXTRADITION UNDER SCRUTINY: Bankman-Fried wants charges dismissed on claim US violated treaty
Sam Bankman-Fried yesterday sought to dismiss multiple fraud, bribery and corruption-related charges stemming from FTX's collapse on the grounds that the US has violated The Bahamas' Extradition Act and treaty.
FNM GB Women Association donates food items to GB Children's Home
THE FNM Grand Bahama Women’s Association donated assorted food and toiletries to the Grand Bahama Children’s Home this week.
GSSSA soccer season rolls on
THE Government Secondary Schools Sports Association (GSSSA) soccer season continued for the junior and senior divisions yesterday at the CH Reeves, DW Davis and CV Bethel soccer fields.
British Colonial set for partial summer re-open
The Deputy Prime Minister yesterday said downtown Nassau's British Colonial hotel will partially re-open this summer ahead of a full return in November 2023.
Companies registry set to be 'much improved'
The Attorney General yesterday said The Bahamas' new companies registry is ready for testing by the private sector as he promised "a much-improved user experience".
Gov'ts North Abaco port promise is 'insufficient'
The head of an advocacy group pressing for the full commercial opening of North Abaco's port has called for the Government to provide more specifics on plans to outsource its development and operation to a private partner.
Retailers see 'booming' Independence sales
RETAILERS yesterday said business is "booming" as sales of Independence Day-related merchandise accelerate in the run-up to The Bahamas' 50th anniversary celebrations.
FACE TO FACE: The Lindroth family; Bahamian at heart
HE was just 14 months old when he first set foot on Bahamian soil. Walking with the pitter patter that toddlers do, Magnus Lindroth wiggled his toes in the sand and got his feet wet on what is now called Paradise Island. Here, his views of the world would be shaped as he basked in island life.
'Just one spark' could take Bahamas captive
The Bahamas needs "just one spark" to re-establish itself as a major player in the multi-billion captive insurance industry and help "stabilise the middle class", a local operator is asserting.
'Put money where mouth is' on Abaco's port woes
The Government was yesterday urged to "put your money where your mouth is" and finally address Abaco's port woes, with frustrated residents asserting: "They need to quit promising and start doing."
GB Power grows solar to 10% of energy mix
Grand Bahama Power Company yesterday signed a deal with a FOCOL Holdings subsidiary that will expand renewable energy to 10 percent of its generation mix once initiated.
Fidelity targets $5 with stock split by end-July
Fidelity Bank (Bahamas) top executive has pledged that its long-awaited stock split will occur before its end-July 2023 annual general meeting (AGM) as it targets a share price in the $5 range.
BTC suffers modest Q1 revenue, subscriber fall
The Bahamas Telecommunications Company (BTC) was yesterday revealed to have suffered modest year-over-year declines in both revenues and subscribers, with both largely flat for the 2023 first quarter.
Restaurant crowdfunder targeting $2.4m in sales
A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.
'Protect the asset' focus in $400m UK financing talks
Climate resilient projects to protect critical assets such as the redeveloped Grand Bahama International Airport could be included in the up to $400m financing that The Bahamas is negotiating with a UK government agency.
