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NASSAU, BAHAMAS — Organisation for Responsible Governance (ORG) Executive Director Matt Aubury called the government's plan to amend legislation to allow them to access millions in IMF funding troublesome given the lack of public consultation. The government announced it will amend the Central Bank Act to permit them to use up to some $232 million from the International Monetary Fund...

NASSAU, BAHAMAS — The environmental impact assessment (EIA), was not completed up to the time for the official groundbreaking of a multi-million dollar coastal resort in south Long Island, and with the report, that is essential for full-fledged construction to begin still pending, residents remain eager to take part in the commerce it will bring to the island's crippled economy....

NASSAU, BAHAMAS — In the wake of Sam Bankman-Fried's official transfer from the custody of The Bahamas to the United States, The US Embassy released a statement boasting of the "strong partnership" displayed between the two nations. "The United States and The Bahamas share a long history of law enforcement cooperation. This cooperation includes everything from daily joint patrols of...

ELEUTHERA, BAHAMAS — A development along the harbour across from Savannah Sound in south Eleuthera is causing concern for residents living near the waterfront. The construction of what appears to be a dock in the shallow sound has fishermen like Julius Rankine worried about how the new development will affect his livelihood and that of others who have cultivated their...

NASSAU, BAHAMAS — The Ministry of Tourism is reporting 'exceptionally' strong bookings ahead of the Christmas season and leading into next year, Deputy Prime Minister and Minister of Tourism and Aviation, Chester Cooper said that reports from stakeholders in major hotels across the country, verify projections that 2022 will meet pre-pandemic numbers and that 2023 will surpass those figures "We...

NASSAU, BAHAMAS — Global discussions, speculation and accusations of corruption surround the FTX debacle, in the country along with opposition members calling for transparency from the government on the issue, where a billion-dollar cryptocurrency exchange collapsed, its owner filed for bankruptcy and was arraigned then remanded until next February. Many onlookers have expressed concern over whether or not this issue...

NASSAU, BAHAMAS - President of The Bahamas Public Service Union Kimsley Ferguson said that his union is still waiting to negotiate with the government on the proposed Industrial Agreement. Ferguson provided Eyewitness News with an update on the status of the negotiations on Friday afternoon. He was responding to a voice note shared by Minister of Public Service Fred Mitchell...

NASSAU, BAHAMAS — Cloud Carib will be the first Caribbean company to join the VMware Sovereign Cloud Initiative, which aims to help clients better protect national sovereignty within its region of operation. According to a press release from Cloud Carib, the Nassau-headquartered tech firm will be one of VMware's Sovereign Cloud partners that will "offer key sovereign capabilities to nations...

NASSAU, BAHAMAS - A forty-eight-year-old man died in a traffic fatality in James Cistern, Eleuthera on Monday afternoon. This comes on the heels of a string of traffic fatalities occurring across The Bahamas over the last few weeks. The man was reportedly driving north on King's Highway in a black jeep when he reportedly lost control and collided with a...

NASSAU, BAHAMAS — A clarion call went out for unity as the National Independence Secretariat launched the kickoff event for the country’s Golden Jubilee Celebrations. Leslia Miller-Brice, Chairperson of The Bahamas Independence Secretariat, and Jack Thompson, Permanent Secretary, yesterday shed light on activities at a press conference held at One Montague Place at #9 East Bay Street—home of the secretariat....

NASSAU, BAHAMAS — The Securities Commission of The Bahamas (SCB) last night defended its decision to transfer all digital assets of FTX into digital wallets under its control for the benefit of clients and creditors of FTX Digital Markets. In a statement, the commission said that it was “unfortunate” that in Chapter 11 filings, the new CEO of FTX Trading...

NASSAU, BAHAMAS — As this year's homicide count levels with the number of recorded killings last year, many families are still struggling with the trauma of losing a loved one to gun violence and lingering grief. Dellarese Collie, a mother of three living in Nassau, said the death of her son Kendino McDonald as a result of gun violence is...

NASSAU, BAHAMAS — St Barnabas MP Shannendon Cartwright lamented the public is becoming tired, frustrated, and angry in the face of escalating violent crime despite the government's promise to implement strategies and tactics to get the matter under control. Shanendon Cartwright. "A government's number one priority is to keep our communities and its citizens safe and in this respect, sadly...

NASSAU, BAHAMAS — As the holiday season approaches, The Salvation Army is again on the front lines, officially launching the Red Kettle season under the theme "Love Beyond Christmas" to bring help and hope to the most vulnerable in the community. This year, from November 14 to December 24, more than 30 locations throughout New Providence, Freeport, Eleuthera, and the...

NASSAU, BAHAMAS — The Bahamas Natural Resources Foundation (BNRF) has expressed "great concern" over the recent National Investment Funds Bill tabled in the House of Assembly last month.  In a statement, the BNRF underscored it has advocated for the establishment of a natural resource-based Sovereign Wealth Fund (SWF) for the last four years.  The foundation says its goals are in...

NASSAU, BAHAMAS — The search continues for a purchaser for the Grand Lucayan Resort as the Electra America Hospitality Group has advised that it has had difficulty securing development financing at terms that would allow it to fully execute the vision outlined in its business plan. Julian Russell, chairman of the board of Lucayan Renewal Holdings Limited confirmed the setback...