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FACE TO FACE: What is the measure of a man? Remembering Obie Wilchcombe
“THE ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy,” said Rev Dr Martin Luther King, Jr.
Flamingo Air says employee reprimanded after plane door opens mid-flight
FLAMINGO Air said an employee had been reprimanded after the passenger door of its plane flew open mid-air during a flight.
Bahamian bank in ‘new territory’ via $42m raise
A Bahamian investment bank yesterday said it has entered “new territory” by spearheading a pan-Caribbean $42m capital raise to fund the renewable ambitions of a conglomerate that owns the local Esso operation.
Inflation to stay ‘high’ as food costs up 11%
The Central Bank yesterday warned Bahamian consumers that inflation will remain “high” in the near-term, and decline more slowly than in other countries, with food and drink prices rising 11 percent over the year to end-June 2023.
Parliament blunder on BPL regulatory ‘void’
Regulators are scrambling to fill a “void” created by Parliament in electricity sector supervision which has potentially left Bahamians at the mercy of appliance-destroying voltage and frequency fluctuations without recourse.
Moody’s backs trimmed 3% Bahamas growth projection
Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.
URCA in crackdown over communications outages
Regulators last night voiced their displeasure with inconsistent and delayed reporting of network outages by Bahamian communications providers as they moved to better protect consumers from such disruption.
PLP is not doing enough for the people
The governing Progressive Liberal Party (PLP) has another chance to act in the best interest of the Bahamian people when Parliament returns on October 4. They have not done enough to improve Bahamian lives since being elected to office two years ago.
GB airport operator working on ‘timeline’
A senior official with Grand Bahama International Airport’s prospective operating partner last night said it is “working very closely” with the Government to make its $200m transformation a reality.
Waiting on DPP to see if officers involved in Evans death will face criminal charges
THE lawyer representing the family of a man police killed in what Coroner’s Court jurors determined was a homicide by manslaughter is concerned that the Office of the Director of Public Prosecutions has not indicated whether the officers will be charged with a crime.
Hands for Hunger’s fundraiser - Paradise Plates - returns with a bang
PARADISE Plates, Hands for Hunger’s signature fundraising event, returned with a bang on Saturday night, attracting more than 1,500 guests who ate food and danced for a worthy cause.
Residents ‘adamantly’ oppose resort’s West Bay expansion
Residents in two western New Providence communities are “adamant” a hotel should not be given permission to re-zone a West Bay Street property as “commercial” so it can develop a grocery store, cafe and other amenities.
ArawakX blames BOB ‘mislabel’ for fund commingling allegation
The Bahamas’ first-ever crowdfunding platform is alleging that the “mislabeling” of its accounts by a BISX-listed bank created the “prejudicial impression” that it was commingling investor/client funds with its own.
ArawakX: Our ‘$70m pipeline’ is neglected
ArawakX’s chairman is asserting that regulators are placing too much emphasis on “accounting law” and ignoring “pipeline” business that could be worth up to $7m in fee income for the platform.
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
Tributes after shock death of QC head boy
THE death of Queen’s College head boy Dario Rahming on Saturday sent shockwaves through the school’s community.
Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team
UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.
Jazz hits his 19th home run of the season
PITTSBURGH (AP) — The Miami Marlins’ improbable September push will carry into October.
Champions crowned at inaugural Welsey Rolle Memorial Invite
IN a number of first-time partnerships, Marvin Rolle and his uncle Larry Rolle emerged as the men’s doubles champions of the inaugural Welsey Rolle Memorial Invitational Tournament yesterday at the Baha Mar Tennis Centre.
BDB’s funding ‘drought’ end with $30m recapitalisation
The Bahamas Development Bank’s (BDB) near two-decade funding “drought” will end through a $30m recapitalisation from the Africa Export-Import Bank.