Tag: www.ewnews.com
US prosecutors to proceed to trial on charges in initial indictment against Bankman-Fried
NASSAU, BAHAMAS — US prosecutors say they are ready for trial on the eight charges in the initial indictment against FTX co-founder Sam Bankman-Fried. The development comes as a local Supreme Court judge has issued an injunction preventing the government from agreeing to a US request to try Bankman-Fried for additional offenses that were not […]
“GROSSLY UNDERESTIMATED”: Minnis rebuffs $300 mill price tag for new hospital
NASSAU, BAHAMAS — Former Prime Minister Dr Hubert Minnis yesterday asserted that the projected cost of $300 million for a new hospital on New Providence is “grossly underestimated”, casting doubt on the government’s ability to bring the new facility to fruition. Health Minister Dr Michael Darville recently stated that a 50-acre site in the Perpall […]
Financial sector operations decline by 7.5 percent in 2022
NASSAU, BAHAMAS — The total financial sector operations in the country experienced a decline of approximately $11.2 billion or 7.5 percent in 2022, as revealed by a recent survey conducted by the Central Bank on the financial services sector. The survey for 2022 highlighted that the sector was affected by global economic developments, leading to […]
BREEF marks World Oceans Month with snorkel and beach cleanup
NASSAU, BAHAMAS — The Bahamas Reef Environment Educational Foundation (BREEF) kicked off its events for World Oceans Month 2023 with a beach cleanup and snorkel on Saunders Beach in Western New Providence. The theme for this year’s World Oceans Day, observed on June 8, is “Planet Ocean: Tides are Changing.” “The experience has been really […]
Spice returns to headline ‘InKnowvation’ conference series
KINGSTON, JAMAICA — More than 4,500 regional start-ups and entrepreneurs have registered with Flow Business and BTC Business for the fourth installment in its free ‘InKnowvation’ virtual conference series to be live-streamed from Jamaica on June 16, starting at 9 am in Jamaica and 10am in The Bahamas. The theme of the event is “Small […]
NPEP welcomes Terence Lord as Landfill Operations Manager
NASSAU, BAHAMAS — The New Providence Ecology Park (NPEP), a leading advocate for environmental sustainability and waste management, is pleased to announce the appointment of Terence Lord as its new Landfill Operations Manager. With his extensive experience and commitment to reducing greenhouse gas emissions, Lord brings a wealth of knowledge and expertise to further enhance […]
Wendy’s approval for Paradise Island restaurant overturned on ‘technicality’
NASSAU, BAHAMAS- The Town Planing Committee has set aside its approval to allow the Wendy’s franchise holder to convert Paradise Island’s Scotiabank branch into a fast-food restaurant. Attorney Gail Lockhart-Charles who represents Aetos Holdings, the Wendy’s, Marcos Pizza and Popeyes franchise holder told Eyewitness News that the decision which has delayed the group’s plans was […]
MPs clash in parliament over Nassau cruise port deal
NASSAU, BAHAMAS — Government and opposition members clashed in Parliament yesterday after Labour and Immigration Minister Keith Bell asserted that the Nassau Cruise Port deal was “egregious,” dubbing it “the worst deal in the history of the Commonwealth of The Bahamas.” During his address in the budget debate, Bell launched a scathing critique of the […]
