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Founder interest ‘four times’ higher than Jack’s Bay goal
Sir Franklyn Wilson yesterday said the 1,200-acre Jack’s Bay project has attracted interest from “four times” the number of founding buyers it is targeting while receiving “a very strong endorsement” from Scotiabank.
Opposition alarm on S&P’s three times’ higher deficit
The Opposition’s finance spokesman yesterday voiced alarm over Standard & Poor’s (S&P) prediction that the fiscal deficit for the 2023-2024 Budget year will come in more than three times’ higher than the Government’s forecast at $466m.
RBC’s $22m payment suspicion ‘reasonable’
The Court of Appeal yesterday ruled it was “reasonable” for Royal Bank of Canada (RBC) to find that $21.957m paid to a Bahamian businessman by a Slovakian he has never met for investment in his sand mining venture was “suspicious”.
Tax authorities push Out Island compliance drive
The Government’s major tax authority is undertaking a Family Island compliance tour to better educate residents and businesses on the need to pay their due tax obligations and how to do so, it was confirmed yesterday.
Reflecting on the life of Obie Wilchcombe
A MENTOR, friend, and a force to be reckoned with is how cabinet ministers described Obie Wilchcombe after his shocking death yesterday.
Wendy’s tells Town Planning: No more PI project mistakes
Wendy’s is urging the planning authorities to take “great care” to ensure approval for a Paradise Island restaurant, which could create between 75-100 total jobs, is not again derailed by procedural irregularities.
Shock and tears at death of Obie Wilchcombe
A CASKET draped in the Bahamian flag arrived at the Odyssey Aviation Airport in New Providence from Grand Bahama with the body of Obie Wilchcombe at 5.55pm yesterday.
Condolences expressed for Wilchcombe
Women United (WU) expresses our profound sorrow and deepest condolences on the passing of Minister Obie Wilchcombe, the Minister of Social Services and Member of Parliament for West End and Bimini. Our thoughts and prayers are with his family, the Progressive Liberal Party, his constituents, and the entire nation of The Bahamas during this difficult time.
Minister sounds alert over 'fake' loan flyer
A Cabinet minister yesterday said he had asked the authorities to probe a "fake flyer" that was using his image without permission in a bid to entice Bahamians to seek loans.
Over $8m grant funding for water utility storm coverage
Caribbean water utilities such as the Water & Sewerage Corporation can now access insurance coverage to protect their infrastructure assets against hurricanes and severe flooding, it was announced yesterday.
No third mobile operator during Davis Gov'ts term
The Bahamas will not have a third mobile phone provider before the Davis administration's term in office ends although it has placed regulators on alert to crackdown on any anti-competitive practices.
ArawakX attorney hit at 'degradation ceremony'
ArawakX’s attorney blasted that he was “not going to sit here in a degradation ceremony” after regulators voiced concern that the crowd-funding platform was using “delaying tactics” in response to its solvency concerns.
BISX aims to 'revive' small listings facility
The Bahamas International Securities Exchange (BISX) is aiming "to revive in a very serious way" plans to create a market where small and medium-sized companies can list and raise capital, its top executive has revealed.
'Vexatious' litigant loses new 2,000-acre Ginn bid
A “vexatious” litigant has lost his latest bid to be declared owner of some 2,000 acres at the former Ginn project despite calls dating back to 2018 that he be barred from launching such actions.
URCA seeks to shorten reconnection time
THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.
Tyler Perry: I'm here to help
POWERHOUSE actor, filmmaker, and philanthropist Tyler Perry committed to supporting The Bahamas continued recovery from Hurricane Dorian, saying: “Anything I can do to be helpful, I will.”
BREAKING: Social Services Minister Obie Wilchcombe dies
SOCIAL Services, Information and Broadcasting Minister Obie Wilchcombe has died, according to the Office of the Prime Minister.
EDITORIAL: Shifting tone on issues of concern
THIS week, there have been notable shifts in what ministers have said on issues that have arisen recently.
'More women needed in Parliament'
VANESSA Scott, the president of the FNM Women’s Association, is calling for more female representation in Parliament.
ERIC WIBERG: Splashdown in the moonlight
ON the night of Tuesday, October 5, 1943, a pilot from the RAF named Hastie calmly pointed the sizeable B-25 Mitchell bomber towards the dark outline of South Eleuthera, just above Lighthouse Point. Despite losing an engine then the second one overheating, Hastie managed to calmly land his nearly 70ft, 35,000lb airplane a mere 100 feet from the beach gleaming white in the moonlight, without any of his men being killed.
