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BPL hikes ‘blow up’ Abaco living costs
Abaco business owners yesterday revealed their electricity costs more than doubled in just one month as Bahamas Power & Light’s (BPL) fuel cost recovery strategy consumes an ever-increasing share of corporate cash flows.
Authentic Bahamian goods sales struggle
VENDORS at the Nassau Cruise Port have been having difficulty in promoting and selling authentically Bahamian products, it was asserted during a press conference held by the Trade Union Congress (TUC) yesterday.
Musicians hit at ‘second class citizens’ treatment
Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.
Lobster season fears over boat registration fee reform
Bahamian fishermen were yesterday “eagerly awaiting” promised revisions to the over “ten-fold” increases in annual boat registration fees amid fears the reforms will not take effect before lobster season’s August 1 start.
Opposition ‘to hammer’ Gov’t on BPL’s $110m
The Opposition’s leader has pledged to “continue to hammer” the Government over the accounting treatment it is using for the $110m loan advanced to Bahamas Power & Light (BPL) to pay off its fuel arrears.
Bahamas bank’s account seized over $58.5m ‘pig butcher’ scam
A Bahamian financial institution yesterday asserted it “has been proactively co-operating” with a US Secret Service probe that seized its bank account on the basis that $58.465m in fraud proceeds were laundered through it.
$15,000 reward offered to find missing Kyle
TWO months after 20-year-old Kyle Carey went missing, his family still hope for his return.
GARDINER PRODUCES WORLD-LEADING TIME: Wins 400 metre race in Hungary
Steven Gardiner produced the world’s fastest time and lowered his meet record in the process to win the men’s 400 metres at the Gyulai Istvan Memorial in Szekesfehervar, Hungary.
Deandre Ayton ‘thinking about’ playing for the national team
BAHAMIAN professional National Basketball Association (NBA) player Deandre Ayton remains undecided on his decision to play with Team Bahamas at the FIBA Olympic Pre-Qualifying tournament in Argentina.
Anthaya Charlton transfers to Florida
AFTER producing a stellar freshman season for the University of Kentucky Wildcats track and field team, sprinter/long jumper Anthaya Charlton has moved on to the Florida Gators.
Man accused of killing his brother’s murderer denied bail
THE Court of Appeal denied bail to a man accused of killing his brother’s alleged murderer in Exuma last year.
Possession of drugs and guns gets man over two years jail
A MAN was sentenced to two and half years in prison after admitting to owning two guns recovered when police raided his house last weekend.
Man accused of failing to charge monitoring device
A MAN on bail for murder was remanded in custody after allegedly failing to charge his electronic monitoring device (EMD).
Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
FACE TO FACE: LeRon Rolle - Aiming for world success in archery
THE Bahamas has had the kind of international success in sports that some small countries only dream of. Bahamians stand tall, beaming with national pride when their national anthem is played from podiums around the world, knowing that another athlete has captured a gold medal.
$2m allocated to repair roads on New Providence
THE Ministry of Works officials said $2m had been allocated to repair roads and remove potholes.
EDITORIAL: The law must be the law for all
IN this column yesterday, we highlighted the frustration many people felt when investigations are promised but nothing ever seems to be delivered.
‘FTX chief planned $256m sell-off behind our backs’
FTX’s Bahamian liquidators have accused their US adversary, aided by its local law firm, of going behind their backs in attempting to sell $256m worth of real estate domiciled in this jurisdiction.
BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.