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ArawakX won’t give top investor his 22%
The Bahamas’ first-ever crowd-funding platform plans to bar its largest investor from taking a 22 percent equity stake in the business following the fall-out that triggered its present regulatory woes.
Hotel expansion: ‘All our fears come true’
Two prominent Bahamian businessmen yesterday voiced fears their area’s property values will be undermined if a Bahamian hotel’s planned expansion worsens existing traffic and noise woes, adding: “All our fears have come true.”
Development Plan’s ‘final 20%’ target year-end for completion
The final “20 percent” of The Bahamas’ National Development Plan (NDP) is being targeted for completion before year-end, it was revealed yesterday, as the Davis administration moves to give it the full force of statute law.
Central Bank drops 2024 cheque elimination target
The Central Bank has abandoned its original target of eliminating paper cheque use by year-end 2024 because “a compelling fraction” of Bahamians need more time to adjust, its governor affirmed yesterday.
Chisholm Jr, Marlins lose Wild Card Series
Phillies sweep Marlins to earn NL Division Series rematch with MLB-best Braves
PHILADELPHIA (AP) — Bryson Stott crushed the second grand slam in Philadelphia Phillies postseason history and Aaron Nola tossed seven shutout innings in a performance worthy of a postseason ace that led to a 7-1 win and a two-game sweep over the Miami Marlins in their NL Wild Card Series last night.
Hinzey named assistant coach for Huskies
BAHAMIAN Latrel Hinzey has recently been added to the Haldimand Huskies Basketball Club coaching staff as an assistant coach. The Ontario team earned three division championships in the under-15 (U15), under-17 (U17), and under-19 (U19) categories of the Ontario Cup Provincial Championships this year.
GSSSA volleyball season on tap at three gymnasiums
Junior and senior teams compete for spot in the playoffs
THE Government Secondary Schools Sports Association (GSSSA) volleyball season got underway this Monday and action continued yesterday across three gymnasiums.
‘Buddy’ focused on training camp amid contract talks
INDIANA Pacers shooting guard Chavano “Buddy” Hield is focused on training camp despite ongoing conversations surrounding his contract extension with the team.
In solidarity
We write to state our solidarity with our small community (Gambier Heights and Tropical Gardens) in its contest of the proposed expansion of A Stone’s Throw Away development which will incur a rezoning of our quiet residential space to commercial.
Economic security high on Gov't list as GG sets out legislative agenda
The Government pledged to focus on economic security yesterday as one of the three key pillars of national development outlined during the speech from the throne, read by Governor General Cynthia “Mother” Pratt.
Investment bank grew fund by $100m during COVID-19
A Bahamian investment bank yesterday acknowledged it was among COVID's beneficiaries as one of its investment funds grew by more than $100m due to the higher returns it offered.
Not everything in speech' says AG as he pledges anti-corruption laws
ANTI-CORRUPTION legislation such as the ombudsman bill will still be tabled during the new Parliamentary session, according to Attorney General Ryan Pinder - although it was not mentioned during the reading of the Speech from the Throne yesterday.
Digital provider seeks Out Island pay-kiosk partners
A Bahamian digital payments provider yesterday said it is rapidly expanding its network of Family Island fast-pay kiosks as requests to partner with it continue to mount.
EDITORIAL: Dubious allegations on Bahamas in book on FTX founder
AFTER much anticipation, the new book about Sam Bankman-Fried, the figurehead behind FTX who led it to its spectacular implosion, has been released – just in time for his trial to begin.
‘Why would I kill Nassau’s quaintest hotel property?’
A Bahamas hotel proprietor last night said he would be “killing” his $500 per night core business and status as the “quaintest” property in Nassau if the complaints of nearby residents were at all valid.
Residents put ‘strong case’ against resort
Residents of two western New Providence communities were yesterday said to feel they have “made a very strong case” against rezoning a West Bay Street property to facilitate a hotel’s expansion plans.
Rating agencies set ‘true north’ on Bahamas reform
International credit rating agencies have set “almost a true north” for The Bahamas to reach when it comes to key economic and fiscal reforms, a governance reformer argued yesterday.
Cabinet minister’s estate battling radio show host
A former Cabinet minister’s estate is locked in a legal battle with a well-known radio talk show host over who is the rightful owner of two lots that are accessed through Gibbs Corner.
Health insurance costs rise ‘across the board’
Bahamian companies and individuals are facing “across the board” increases in health insurance premiums as a result of up-to double digit increases in medical and reinsurance costs, it was revealed yesterday.
‘Jazz’ and Marlins fall in Wild Card Series opener
PHILADELPHIA (AP) — Zack Wheeler struck out eight in a sensational effort, José Alvarado preserved the lead with a pivotal strikeout and the Philadelphia Phillies opened a resolute postseason push with a 4-1 win over the Miami Marlins in the opener of their NL Wild Card Series on Tuesday night.
