The Big Story

REPORT: Ill-fated Bimini plane reached an altitude of 40 feet and crashed seconds later

NASSAU, BAHAMAS — An aircraft that crashed in shallow waters off the runway of South Bimini International Airport, killing one man and injuring another, climbed to an altitude of around 40 feet and came down a few seconds later with a thud, according to an eyewitness account contained in the preliminary report prepared by the Air Accident Investigation Authority (AAIA)....

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PM: Securities Act amendments to address minority investor protection and technical gaps

NASSAU, BAHAMAS — Amendments to the Securities legislation will address outstanding deficiencies in the protection of minority investors’ regime and other technical gaps in the legislation, according to Prime Minister Dr Hubert Minnis. Minnis, who led debate in the House of Assembly on the Securities Industry (Amendment) Bill, 2021, noted that his administration remains resolute in strengthening the protection of...

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Four men arrested in $600k cocaine bust

FREEPORT, GRAND BAHAMA — Police arrested four men after officers found two bags of suspected cocaine in bushes in the area of Dover Sound, East Grand Bahama, yesterday. Superintendent Terecita Pinder said the total weight of the bags was 60lbs with an estimated street value of $600,000. "Shortly before 5pm, officers of the Flying Squad, acting on intelligence, proceeded to...

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CONTAMINATED: Bannister says bad batch of fuel has caused “challenges” at BPL

“If there are outages, they will be short and isolated, but we don’t anticipate widespread outages” NASSAU, BAHAMAS — Deputy Prime Minister and Minister of Public Works Desmond Bannister yesterday revealed that Bahamas Power and Light (BPL) suspects it recently received a “contaminated” batch of fuel that has caused “challenges” with its engines. Speaking with reporters ahead of a Cabinet...

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TAKE ACTION OR PAY: Public health measures must be followed and enforced or cases will continue to rise, health official warns

Forbes says stricter protocols may have to be considered going forward NASSAU, BAHAMAS — Director of the National HIV/AIDS and Infectious Disease Programme Dr Nikkiah Forbes suggested yesterday The Bahamas must take action or risk a further increase in coronavirus infections. Forbes’ comments come as the country tries to mitigate a third wave of COVID-19 cases since the pandemic first...

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ONLY SO FAR: Social services to assist fire victims but only in immediate short-term

"If we expect in every incident that the government will make us whole, that is not realistic" Campbell suggests homeowners consider insurance options NASSAU, BAHAMAS — Minister of Social Services Frankie Campbell yesterday assured that the families recently impacted by Sunday's fire on Jennie Street are being assisted by his ministry. On Sunday, a massive fire ripped through 10 structures on...

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THRIVING: Despite pandemic, Fam Guard sees 34 percent net income improvement

NASSAU, BAHAMAS — Family Guardian’s president said decline in medical claims due to a decrease in utilization because of COVID-19 restrictions, along with the strategic responses by management to control operating expenses, helped offset the pandemic’s impact on the company’s 2020 financial performance. The Bahamas International Securities Exchange (BISX)-listed insurer recorded a 34 percent improvement in its net income. Its...

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THE RIGHT DIRECTION: Visitor arrival numbers trending upwards but still far from pre-pandemic levels

D’Aguilar: Travelers using fake vaccination cards are a concern NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar said yesterday that while tourism arrival numbers are trending in a positive direction, they are still 30 to 40 percent below pre-pandemic levels. D’Aguilar, who was addressing reporters ahead of a Cabinet meeting yesterday, noted: “The good news is that the number of foreign...

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“WATER WAS NEVER AN ISSUE”: Fire chief defends response to Jennie Street blaze

"It would be impractical for us to go to a scene without water" Morris: The issue was water pressure from WSC NASSAU, BAHAMAS — Police Fire Chief Superintendent Kenrick Morris yesterday defended the response of fire services to a massive fire on Jennie Street on Sunday, which left dozen of residents homeless and displaced. Morris said despite concerns expressed from...

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STEEP DROP: Foreign arrivals down nearly 80 percent in March, CBOB reports

“So far, only the stopover market has benefited from tourism restart” NASSAU, BAHAMAS — Total foreign arrivals fell by nearly 80 percent in March, extending the nearly 60 percent decline in the same period last year, the Central Bank has reported. According to the Central Bank’s Monthly Economic and Financial Developments report for March, total foreign arrivals fell by 79.2...

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ECONOMIC CUSHION: Foreign reserves at “comfortable” $2.26B, Central Bank governor assures

But he notes govt will have “significant” financing needs going forward NASSAU, BAHAMAS — The country’s foreign reserves to date stand at a “comfortable” $2.26 billion, the Central Bank revealed yesterday, noting that demand for foreign exchange, mainly for imports of goods and services, has dropped by 14 percent. According to Central Bank Governor John Rolle, foreign reserves contracted over...

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MORE AND MORE: Nearly 200,000 registered to vote; more than 500 added in the last month

NASSAU, BAHAMAS — The current voters’ register stands at 189,288 voters, with just over 500 voters added to the register since the beginning of April, according to Acting Parliamentary Commissioner Lavado Duncanson. In an interview with Eyewitness News, Duncanson advised that as of May 1, 2021, there were 131,074 voters registered on New Providence; 30,214 on Grand Bahama; and 28,000 on...

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Man accused of libel against opposition leader granted $5K bail

NASSAU, BAHAMAS — A man was granted bail in the Magistrate's Court after pleading not guilty to intentional libel against Progressive Liberal Party (PLP) Leader Philip Brave Davis. Oswald Poitier, 45, of Second Street, Cockburn Town, was arraigned before Magistrate Samuel McKinney and charged with one count of intentional libel. The prosecution alleged that sometime prior to November 16, 2020,...

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NOTHING TO SEE HERE: House speaker says “all issues have been resolved” with executive

NASSAU, BAHAMAS — House Speaker Halson Moultrie advised yesterday that "all issues have been resolved" between him and members of the executive, following a contentious House meeting last week over the failure to respond to a COVID-19 exposure in the Lower Chamber. Parliamentarians met briefly yesterday for the first sitting of the House of Assembly since Moultrie abruptly adjourned parliamentary...

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