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$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
Marina chief: Fee rise now 'makes way more sense'
A former Association of The Bahamas Marinas (ABM) president yesterday argued the Government could have allayed fears over major hikes in yacht and boat registration fees if its Budget messaging was better.
Mitchell: Members of Public Service Commission should be full-time to address public servants backlog
FOREIGN Affairs Minister Fred Mitchell said members of the Public Service Commission should be employed full-time to address the backlog of public servants waiting to be confirmed.
Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
Murder held accused of homicide while on bail for murder
A MAN was jailed after allegedly killing someone on bail for murder last month –– the same man he allegedly attempted to kill earlier this year.
Bahamas All-Pro Football Camp set to return this month
The second edition of the Bahamas All-Pro Football Camp will get underway on Saturday, June 24 at the Thomas A Robinson Stadium. The star-studded camp will get take place from 12-3pm.
New head coach could help Ayton shine at the Suns
Phoenix Suns centre and Bahamian National Basketball Association (NBA) player Deandre Ayton could see his talents maximised once again this upcoming NBA season. There is a newfound optimism surrounding the Bahamian centre after the team hired Frank Vogel as their new head coach following the firing of previous coach Monty Williams after the playoffs. The team was ousted from the 2023 NBA playoff semifinals after the Denver Nuggets defeated them in a 25-point blowout win to end their season.
BAIC, ZNS get $5.7m for arrears 'clean up'
The Ministry of Finance's top official yesterday said the $5.7m allocated for "balance sheet clean-up" at two loss-making government agencies will likely "widen" in upcoming fiscal years to other state-owned enterprises (SOEs).
'Hanging' no longer: PM affirms NIB rate increase
Private sector executives last night voiced relief that The Bahamas is no longer "hanging on this thing" after the Prime Minister confirmed a National Insurance Board (NIB) contribution rate increase will be implemented on July 1, 2024.
Adrian Gibson says roads in Long Island are in ‘unacceptable’ shape
THE state of the roads in Long Island has been criticised by the local Member of Parliament, Adrian Gibson, who declared: “Enough is enough!”
Jonquel, Liberty look to bounce back after Sunday’s loss to Sky
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.
Bains & Grants Town Summer Games July 24 to August 12
FOLLOWING a successful trial run last year, Member of Parliament Wayde Watson and his committee are looking forward to the hosting of their second annual Bains & Grants Town Summer Games.
BAAA Track & Field champs set for next month
THE Bahamas Association of Athletic Associations is anticipating a grand affair when they host their Senior and Junior National Track and Field Championships next month.
Oil price rise to harden Gov'ts margin stance
A Cabinet minister yesterday warned that any spike in global oil prices caused by Saudi Arabia's imminent production cut will further harden the Government's stance against granting petroleum retailers a margin increase.
100 celebrated in BTVI dean’s list ceremony
The Bahamas Technical and Vocational Institute (BTVI) celebrated almost 100 high achievers during the institutes inaugural Dean’s List ceremony.
Student spotlight
Davaughn Major was named the Outstanding Senior Scholar of the College of Humanities, Arts and Social Sciences at Central State University.
Stars that shine among graduates
The University of The Bahamas (UoB) held its spring commencement ceremony on May 25 propelling 583 graduates from nine academic units towards successful careers throughout the country.
PETER YOUNG: Global summits, where countries meet to establish consensus and end with compromise
It became one of Winston Churchill’s better known maxims – “Jaw, jaw is better than war, war”. Britain’s famous Second World War leader was talking about the desirability of dialogue over destruction in the conduct of relations between states. This put the lie to accusations that he was a warmonger when the evidence showed that he opposed the use of force rather than negotiation with an aggressor in order to protect his country’s interests.
FACE TO FACE: Patriotic, beautiful and proud to be Bahamian
ON July 10, 1973, moments after the midnight hour, the beautiful black, golden yellow and aquamarine Bahamian flag was hoisted for the first time in history.
Budget deals marinas 'another slap in face'
A former Association of Bahamas Marinas (ABM) president yesterday asserted that the Budget has dealt the industry "another slap in the face" through multiple fee increases for dockage and vessel registration.