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17th IAAF Worlds finalists to get cash
THE Ministry of Youth, Sports and Culture officially congratulated Team Bahamas for its performance at the IAAF World Athletics Championships in Doha, Qatar, and announced monetary awards for each of the three finalists in their respective events.
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Butler's battle over Hayward's trust
The late Sir Jack Hayward’s family trust has become embroiled in a fresh legal battle sparked by the claims of his Bahamian butler, Tribune Business can reveal.
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Contractors registrar attacks own minister
The contractors registrar yesterday launched an astonishing attack on his minister by accusing him of “procrastination” and “inaction” over implementing the sector’s self-regulation.Omar Archer told Tribune Business that contractors were asking why D
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DPM: 'No room' for bribe paying
The deputy prime minister yesterday asserted “there is no room” for the conduct that saw The Bahamas ranked as the region’s worst when it came to paying “bribes of convenience”.KP Turnquest urged Bahamians to inform the relevant minister or permanent
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Broker defeats its suspension
A Bahamian broker/dealer has hinted it resorted to court action to remove the five-day licence/registration suspension imposed on it last week by the Securities Commission.
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‘Savage’ response by govt to migrants
RIGHTS Bahamas criticised the government’s “savage and cold-hearted” position on displaced Hurricane Dorian migrant victims, pledging yesterday to alert international human rights groups to the policy.
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Grand Lucayan talks resume tomorrow after Dorian delay
TALKS for the sale of the Grand Lucayan resort were postponed for several weeks because of Hurricane Dorian but should resume tomorrow, Tourism Minister Dionisio D’Aguilar said yesterday.
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PM orders acquisition of shanty town land
PRIME Minister Dr Hubert Minnis announced yesterday that Attorney General Carl Bethel has been instructed to compulsorily acquire land where shanty towns in Abaco once stood.
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Majority of $100m loan to be spent on electricity restoration and welfare
THE government will spend the lion’s share of its $100m Inter-American Development Bank loan on electricity restoration and enhanced social welfare measures, according to Prime Minister Dr Hubert Minnis yesterday.
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Dorian’s $430m hit on Treasury
THE deficit for the fiscal year will balloon by more than $430m because of Hurricane Dorian, with the government expecting to spend nearly $230m to recover from the storm while anticipating a revenue hit of about $215m, according to Deputy Prime Minister and Minister of Finance Peter Turnquest.
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Jones: 'We move the ball really well'
Already the most successful postseason run of her WNBA career after a single series, Jonquel Jones and the Connecticut Sun took game one of their semi-finals matchup.The Sun have been on the losing end of single game elimination scenarios at the hand
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$100m loan to pay for utilities and shelters
THE $100m Inter-American Development Bank loan contingency that was activated following Hurricane Dorian will fund the restoration of public utilities and ensure the construction of temporary shelters on affected islands, Finance Minister Peter Turnquest explained yesterday.
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'Don't spend before necessary' on Dorian
The Bahamas must not be “aggressive and spend money before we need to” on Hurricane Dorian restoration, a former Chamber of Commerce chairman warned yesterday. Gowon Bowe told Tribune Business it needed to craft a recovery strategy that minimised di
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Mystics beat Jones and Sun 95-86 in WNBA Finals opener
The Washington Mystics got off to a hot shooting start in the first quarter and it proved to be too much for the Connecticut Sun to overcome in game one of the WNBA Finals. The Mystics won 95-86 over the Sun at home yesterday in Washington DC’s Ente
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Bahamians must 'mobilise corruption outrage to action'
Bahamians must “mobilise their outrage into action” if this nation is to defeat both real and perceived corruption plaguing society, governance reformers urged yesterday.Matt Aubry, the Organisation for Responsible Governance’s (ORG) executive direct
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Dorian exacerbates 'huge infrastructure challenges'
The Bahamas faced “serious challenges” with aging infrastructure prior to Hurricane Dorian, the Inter-American Development Bank (IDB) said yesterday, with public investment “insufficient”.The multi-lateral lender, unveiling its Caribbean Regional Qua
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Grand Lucayan to re-open Tuesday
The Grand Lucayan resort will re-open on Tuesday, its chairman revealed yesterday, in a move that will return 200 staff to work and seek to narrow the government’s ongoing subsidy.
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Oil explorer in total certainty on $25m well
The Bahamas Petroleum Company’s (BPC) top executive has acknowledged it is now better placed than ever before to deliver a first exploratory well in this nation’s waters by mid-2020.Simon Potter told Tribune Business that shareholder approvals at BPC
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Reservist cleared of sex charge - but guilty of abduction and assult of girl
RESERVE Sergeant Dwayne Decosta was unanimously acquitted yesterday of having sex with a 13-year-old girl at a police station last year, but was convicted of abducting and assaulting her.A nine-member jury—five men and four women—unanimously found th
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Nygard’s contempt ruling - again
PETER Nygard was convicted of contempt of court yesterday for breaching an injunction preventing him from publishing emails that were stolen from environmental group Save The Bays.
