1,500 students to receive pre-primary school vouchers

NASSAU, BAHAMAS — Some 1,500 preschool-aged students are set to receive vouchers to go to private schools, filling the gap from the lack of available space in public schools for three to five-year-olds. Minister of Education Glenys Hanna-Martin announced the universal pre-primary education public-private partnership at a contract signing at the Ministry of Education on […]

Taxi cab union inquires reportedly met with silence from government

NASSAU, BAHAMAS — Taxi cab union president Wesley Ferguson yesterday expressed dissatisfaction over the lack of government response to long-standing issues. “So far the taxi union has gotten no communication from the minister in spite of our numerous attempts to meet with (Minister of Transport, Jobeth Coleby-Davis) her, email, telephone calls, went to the office […]

Bankman-Fried: Bahamian real estate purchases were aimed at luring top Silicon Valley employees

NASSAU, BAHAMAS — Embattled former FTX CEO Sam Bankman-Fried claims that the company’s reported $300 million in Bahamian real estate purchases were aimed at attracting top Silicon Valley employees to The Bahamas. Bankman-Fried denied that he committed fraud and commingled FTX customer funds with his Alameda Research firm during a nearly hour-long interview yesterday. He […]

Liquidators says “significant uncertainty” remains around outcome of FTX Digital Markets proceedings

Liquidators say their work has been hampered by lack of access to company books and records NASSAU, BAHAMAS — The Court appointed joint provisional liquidators for Bahamas-based FTX Digital markets said yesterday that there remains “significant uncertainty” around the outcome of proceedings involving the company, noting that their work has been hampered by a lack […]

Opposition slams “heartless” SERZ Order end

NASSAU, BAHAMAS — Opposition Shadow Finance Minister Kwasi Thompson yesterday slammed the Davis administration for what he described as a “heartless” decision to not extend the Special Economic Recovery Zone (SERZ) Order. Thompson, the East Grand Bahama MP said in a statement, the Opposition is astounded to learn that the Davis administration has taken the […]