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New coaches selected for national basketball teams

ON the departure of Larry Smith, the Bahamas Basketball Federation has named Larry Eustachy as the new head coach of the men’s basketball team.

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Nygard abandonment costs attorneys $14m

Three Bahamian attorneys have acted to prevent Peter Nygard fleeing The Bahamas without paying a collective $14m legal bill for representing him in multiple court cases.

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'Risk' broker may not return investor funds

There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.

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‘Scumbags’ hit Robin Hood re-opening with $30k theft

Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.

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PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa

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Family and friends searching for missing Philip “Big Mama” Stubbs

Concerned family and friends are desperately searching for Philip “Big Mama” Stubbs, 80, who went missing after leaving his residence early this week.

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‘Down-payments cut’ as bank removes indemnity

The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.

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Woman denies guilt over falsified COVID test results

A 35-year-old woman was charged yesterday with 40 counts of possession of a forged document in connection to the recent trend of people attempting to travel using falsified COVID-19 test results.

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Poachers fined $20,000 a man

THE captain and crew of two Dominican vessels caught poaching in Bahamian waters late last week were charged in the Magistrate’s Court yesterday.

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Lewis: Farm Road residents are posing us a challenge

THE Farm Road shanty town in Abaco remains occupied, hindering clean-up efforts in that area, according to Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis. He made the statement when updating reporters outside C

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'Tourism industry won't recover until June 2021'

JAMAICA’s former tourism minister projects the tourism industry won’t recover from the COVID-19 crisis until June 2021 and will see 80 percent recovery only by winter of next year.

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Grand Bahama lockdown extended

PRIME Minister Dr Hubert Minnis announced the extension of Grand Bahama’s lockdown for seven days.

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Costs, costs and more costs to bear

Well the Camelot celebrations are all over…$’000’s spent on hats…wonder how much Tax arrears the 1000 chosen owed the Treasury had enough to embellish themselves but.....

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Taxi union chief’s fear for hundreds of drivers

Hundreds of taxicab drivers could potentially be left jobless at month’s end, the Bahamas Taxicab Union’s (BTCU) president fears, with the 80 percent holding leased plates most at risk.

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Zip-line 'buccaneer' in approvals push

The Bahamian investor behind a proposed Arawak Cay ‘zip line’ attraction yesterday encouraged the Minnis administration to provide the necessary approvals for it to proceed and expand the tourism offering.

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Victory for Valley Boys

THE Valley Boys recovered from a humbling fifth place finish on Boxing Day to win their fourth consecutive New Year’s Day Junkanoo parade, according to unofficial results announced last night.

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Exchange control delays $35m GB Power offering

Grand Bahama Power Company’s (GBPC) planned $35 million capital raising has been delayed again, this time by the need to obtain exchange control approval from the Central Bank of the Bahamas, Tribune Business understands.

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Contractors chief to bring members 'up to scratch'

THE Bahamian Contractors Association (BCA) yesterday said it was pushing for internationally-recognised certification for small/medium-sized firms, which make up 80-90 per cent of the industry.

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Community Outreach Centre in need of assistance

ON NOVEMBER 25, 2012, St David’s Methodist Church in Grand Bahama honoured the longest serving local preacher within the Methodist Church in the Bahamas and in the Caribbean, Evangelist Lloyd Fuller Quant. Evangelist Quant has been serving the church for more than 80 years as a local preacher, ever since 1934.

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Financial accounting needed on PMH Critical Care Block

BEFORE the May 2012 elections, Prime Minister Hubert Ingraham toured the Princess Margaret Hospital’s state-of-the-art critical care unit, which by then was 95 per cent complete.