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Fund manager to be ‘little more defensive’

A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.

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Bowleg hits back on audit findings

YOUTH, Sports and Culture Minister Mario Bowleg said the government did not overspend on last year’s CARIFTA and Jubilee Games, which cost more than $7m than was allocated, according to audit reports from the Office of the Auditor General.

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‘Folly’ to release PwC’s $357m GBPA research

A Cabinet minister yesterday asserted it would be “folly” for the Government to disclose evidence showing how the $357m payment demand issued to the Grand Bahama Port Authority (GBPA) was calculated.

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Pintard: Gang Bill may hurt innocent parents

CHARGING parents for harbouring children who are gang members will cause suffering for many good parents, Free National Movement leader Michael Pintard warned yesterday, adding that most parents do not know the double life their children may lead.

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Police ‘have technology to catch assassins’

POLICE have the technology to determine who is receiving assassination orders from inmates at the Bahamas Department of Corrections and the resources to prove someone is a gang member, National Security Minister Wayne Munroe said yesterday.

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Multiple fiscal failures found in Bahamas Jubilee games audit

UNAUTHORISED vehicle purchases and salary increases, misuse of petty cash, and a failure to pay National Insurance Board (NIB) contributions are some of the fiscal shortcomings highlighted in the Office of the Auditor General’s examination of last year’s Bahamas Jubilee Games.

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Bill tabled to regulate longevity and regenerative therapies in the country

POLICE have the technology to determine who is receiving assassination orders from inmates at the Bahamas Department of Corrections and the resources to prove someone is a gang member, National Security Minister Wayne Munroe said yesterday.

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Ex-mp still free over $3m ‘life-altering’ money battle

A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.

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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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Ex-DPM: ‘I’ve triumphed over baseless conspiracy claims’

An ex-deputy prime minister last night asserted he has “emerged victorious against baseless conspiracy allegations” levied against himself and Sky Bahamas’ former principal by the airline’s chief financier.

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Retired police investigator denies he was on ‘fishing expedition’

A RETIRED police investigator denied a defence attorney’s suggestion that he was on a “fishing expedition” when he and a team of officers searched vehicles allegedly belonging to Adrian Gibson in Long Island.

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PETER YOUNG: NATO fulfils its purpose

Celebrations of the 75th anniversary of NATO (North Atlantic Treaty Organisation) were in full swing last week as all concerned paid tribute to the success of this remarkable intergovernmental military alliance since its founding in 1949. In the words of its Secretary-General, Jens Stoltenberg, “NATO is bigger, stronger and more united than ever” and has broadly ensured peace, democracy and prosperity for its members.

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ALICIA WALLACE: World Health Day '24

“MY Health, My Right” was the theme for World Health Day this year, observed on Sunday, April 6. In its statement on World Health Day, the World Health Organization said the theme was chosen to “champion the right of everyone, everywhere to have access to quality health services, education, and information, as well as safe drinking water, clean air, good nutrition, quality housing, decent working and environmental conditions, and freedom from discrimination.”

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The wreck of the HMS Conqueror near Rum Cay

THOUGH the lore of shipwrecks is often embellished, that of HMS Conqueror on Rum Cay often has the date, the destination, and basic historical facts reported incorrectly. It wrecked on 13 December, 1861 (not the 29th), it was not the first propeller ship in the Royal Navy (HMS Rattler was in 1842), and the ship was on its way to Bermuda, not Mexico. HMS Conqueror was a two-decked steam-screw (propeller) ship, first-rate, of the line, 240 feet long, 55 feet wide, and 34 feet deep.

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Where did govt shares in GBPA go?

The recent brouhaha between the government and the Grand Bahama Port Authority that has found its way onto the front pages of your newspaper reminded us of another controversial subject involving these two protagonists.

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PharmaChem more than $68m insolvent

PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.

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Talk but little action to protect women

WHEN I was young, there was a simple rule: You don’t raise your hand to a woman.

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Church owns 60 properties but ‘can’t pay’ $776k award

A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.

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Not just survive, but thrive, through risk management

The ability to identify and manage risks effectively is often the difference between a company thriving and simply surviving in today’s rapidly evolving business landscape.

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