The Big Story

Tourism spend drives $1.2 billion increase in goods and services exports in 2022

NASSAU, BAHAMAS-  The Bahamas saw a $1.2 billion increase in its exports of goods and services in 2022 drive in large part by tourism expenditure according to data from The Bahamas National Statistical Institute. The BNSI in its 2022 Advance Estimates of Gross  Domestic Product (GDP) noted that economic activity in The Bahamas increased by just over 14 percent percent...

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LPIA officials gearing up for busy Easter weekend

NASSAU, BAHAMAS - Key stakeholders at Lynden Pindling International Airport (LPIA) are gearing up for what is expected to be a busy Easter holiday travel period, with early projections indicating that an estimated 70,000 to 80,000 persons will be processed at the country’s major gateway. Airport officials are predicting strong numbers across all sectors- US, international (non-US) and domestic travel...

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Smith launches appeal against PI Beach Club lease ruling

NASSAU, BAHAMAS- A Bahamian entrepreneur says he remains hopeful for a “diplomatic” resolution to his years-long battle to gain full approval for his Paradise Island lighthouse restoration and beach club project, having now launched an appeal against Chief Justice Ian Winder’s ruling that he had no valid lease agreement. Chief Justice Winder back in February ruled that regrettably there was...

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Police investigate latest homicide as man on motor scooter gunned down

NASSAU, BAHAMS- Police on New Providence are investigating the country's latest homicide after a man was gunned down in the Carmichael Road area Thursday night. According to reports, sometime around 9:30pm, the victim was driving a motor scooter in the area of St. Bart’s Road, when the occupants of a small dark coloured vehicle pulled alongside him and fire shots...

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SEARCH AND SEIZE: Inland Revenue cracking down on VAT underreporting

NASSAU, BAHAMAS — Inland revenue officials yesterday confirmed that several boats, cars, golf carts, cases of beer and other assets were seized in the department’s first ‘search and seizure’ operation this week.  John Williams, communications lead at the Inland Revenue Department, told Eyewitness News: "We commenced our first search and seizure operation on Harbour Island with two businesses Aundre’s and...

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IHOP set to open next week, two more planned by year’s end

NASSAU, BAHAMAS — A Bahamian entrepreneur says that he has “aggressive” plans to introduce an additional two IHOP restaurants on New Providence by the end of 2023, with the anchor location set to open next week. Burton Rodgers, the IHOP franchise holder for The Bahamas and the Caribbean, told Eyewitness News that 120 jobs have been created through the introduction...

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Court orders man to surrender himself for US extradition

NASSAU, BAHAMAS — The Court of Appeal yesterday ordered a 63-year-old Eleuthera man to surrender himself to police and await his extradition to the United States where he is wanted on drug trafficking charges. The appellate court, in a decision yesterday dismissing the appeal of Roscoe Thompson against his extradition, ordered that the Eleuthera native surrender into the custody of...

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FTX Bahamas liquidators accuse FTX US of violating cooperation agreement

NASSAU, BAHAMAS- Liquidators for FTX Digital Markets have accused the company’s US arm of violating a cooperation agreement reached back in January as both sides appear locked in a jurisdictional battle regarding the ownership of customer accounts amounting to billions of dollars.  More than a week ago lawyers for FTX US filed a complaint in a US bankruptcy court claiming...

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Judge extends injunction freezing nearly $3 million from City Markets HQ sale

NASSAU, BAHAMAS — A Supreme Court judge has extended an injunction freezing nearly $3 million from the 2016 sale of City Markets' former East West Highway headquarters to AML Foods Ltd.  Justice Dianne Stewart in a March 27th ruling said that having reviewed the evidence and heard all of the submissions, she was satisfied that the injunction instituted back in...

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Opposition urges government to “act with a sense of urgency” in crime fight

NASSAU, BAHAMAS — The Opposition yesterday called on the government to “act with a sense of urgency” and take the lead in the fight against crime following the brazen shooting of a police officer early Tuesday morning.  Free National Movement (FNM) Deputy Leader Shanendon Cartwright in a statement yesterday said that the scourge of crime continues to take a toll on...

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