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Gov’t in sovereign wealth fund plans

The Government’s draft oil exploration legislation contains provisions for the creation of a Bahamian sovereign wealth fund, which would receive all due multi-million dollar royalty payments on any ‘black gold’ under this nation’s water.

Obit

Rinardo Stephen Brown

Funeral Service for Rinardo Stephen Brown, age 26 of Kennedy Subdivision who died on June 15th 2014 will be held on Saturday at 1 p.m. at New Bethlehem Baptist Church, Independence Drive. Officiating will be Rev Dr. Everette J. Brown …

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Cybots defeat Giants 97-86 in opener

THE Mail Boat Cybots were in this same situation last year when they took an early 2-0 lead, but only to watch as the Commonwealth Bank Giants rebounded to eventually win the New Providence Basketball Association men’s title.

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In Russia, Jonquel and Foxes dominate

JONQUEL Jones and her UMMC Ekaterinburg Foxes returned to Russian Premier League play and continued their dominance after an undefeated run in the first round of the FIBA EuroLeague group stage.

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DPM targets 8m visitors for 2023

The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.

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Bahamas secure hard-fought win over Panama

THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.

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Eric Wiberg – New Providence: 60 land accidents

WHETHER planes touched wingtips, men walked into propellers, bombers collided, planes were lost in microbursts, or had training gunnery mishaps, Nassau, Windsor and Oakes air fields and adjacent waters claimed many lives. More than half of all accidents in the colony – 80 of 150 – took place at or near the air fields and New Providence. This article deals with the 55 accidents that happened or ended up on land. In the three years from January 1943 131 aviators and a Bahamian family of three were killed by military aircraft in New Providence and its waters, with 83 rescued, and those fatalities recovered buried on Farrington Road. Pre-existing Oakes Field, used for training, saw nine crashes and most of the 25 unallocated, and Windsor Field, still in use, had 21.

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Former Speaker raises concerns about Major comments

FORMER House Speaker Alvin Smith said the recent public comments by House Speaker Dr Kendal Major that he was not one of the young parliamentarians who asked the prime minister to remain leader of the Progressive Liberal Party should not have been made public, despite the assertion the remarks were his personal views.

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Second Montaque affiliate 'insolvent'

A SECOND arm of Owen Bethel's Montaque Group is being wound up, one of its liquidators telling Tribune Business that this company, too, is "insolvent".

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Water & Sewerage loses court ruling on ‘double dipping’

A Supreme Court judge has ruled against the Water & Sewerage Corporation’s practice of docking the salaries of union members in a bid to end “double-dipping” in relation to sickness and maternity benefit claims, ordering that the corporation reimburse and/or refund all monies taken from union members as a result of the “ultra vires” exercise.

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House dispute erupts over controversial water plant

A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.

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House dispute erupts over controversial water plant

A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.

Obit

Marjorie Louise Wallace

Marjorie Louise Wallace age 80 of Old Cedar Street, Yellow Elder Gardens and formerly of Lower Bouge, Eleuthera died at the Princess Margaret Hospital on Friday November 22, 2019. She is survived by her daughter, Theresa Frazier; two sisters, Emerald …

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Tributes paid as Edmund Moxey dies aged 80

FORMER Parliamentarian Edmund Moxey, who died in hospital yesterday, has been hailed as a “cultural warrior”, community activist and “legendary” musician.

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Giants, High Flyers take title

THE New Providence Basketball Association concluded its 2017-18 season with champions crowned in both divisions over the weekend.

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Govt spending controls will require ‘innovation’

THE Government’s ability to implement spending controls “will require innovation”, the Chamber of Commerce’s chairman arguing that it must demonstrate its commitment to balancing the Budget without damaging the economy.

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INSIGHT: The good, the bad and the ugly - A dangerous mix of tourism and crime

For generations the relationship between country's leaders and its inhabitants have straddled a Cartesian dualism, in a sense that both politician and voter interact within a single socio-economic reality from competing foundations.

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BPC 'halt' rejected over losses pledge absence

The Supreme Court refused to "stay" Bahamas Petroleum Company's (BPC) exploratory oil drilling because its opponents failed to give "a cross-undertaking" to cover potential losses from such delay.

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Cybots and defending champions Stingers stay alive

THE defending champions PJ Stingers and former champions Mail Boat Cybots both staved off elimination Monday night at the AF Adderley Gymnasium as the New Providence Basketball Association continued its best-of-five divisional championship series.