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$9m financing deal for renewable energy reform

THE government signed a $9m non-reimbursable financing agreement with the European Union and Inter-Development Bank yesterday to assist with renewable energy reform in the country.

‘Very real risk’ COVID food audit prejudiced

The head of the former COVID-19 feeding programme yesterday warned of “a very real risk” that the Government’s audit of the $53m initiative will be prejudiced by premature disclosures in Parliament.

Missing men found alive on their boat

TWO men who were reported missing at sea have been found alive.

Two men face court on drugs charges

TWO men were fined on separate drug charges in the Magistrate’s Court yesterday.

Burrows and Tigers to face No. 5 Queen’s Gaels in the quarterfinals

SHAMAR Burrows and the Dalhousie Tigers learned their possible path toward a championship in the upcoming U Sports Men’s Final 8.

Bahamas must take ‘aggressive steps’ over renewable energies

A Cabinet minister yesterday said current oil price volatility shows The Bahamas must take “aggressive steps” to harness renewable energy as it signed an agreement to access $9m in European Union (EU) grant funding.

UPDATED: Missing men found alive

UPDATE: The two men were found alive on their boat Wednesday morning after roughly three days at sea. They were taken into a harbour at Grand Bahama.

Airport in $8.1m operating loss before Gov’t purchase

Grand Bahama International Airport suffered an $8.129m operating loss in the two-and-a-half years leading up to its 2021 purchase by the Government, which is aiming to select the preferred bidder to redevelop this asset by August 2022.

High oil prices may force Gov’t roads ‘scale back’

The Bahamian Contractors Association’s (BCA) interim president yesterday said high oil and construction material prices may force the Government to “scale back” on its capital works budget for this and the upcoming fiscal year.

1,500 students have chance of HBCU scholarships

THE Bahamas Think HBCU college fair is set for April 23 and will provide 1,500 students throughout the country the opportunity for scholarships at 20 historically black colleges and universities in the United States.

Athletes get set for CARIFTA trials starting Friday

IN anticipation of the finals trials this weekend and subsequently the CARIFTA Games over the Easter holiday weekend, the top sprinters eligible for Team Bahamas got a chance to go through a block start session.

Unfinished business: NPBA to resume postseason play at AF Adderley Thursday

WITH some unfinished business from the 2019/20 season that was interrupted because of COVID-19, the New Providence Basketball Association is scheduled to resume its postseason play starting on Thursday at the AF Adderley Gymnasium.

Investor ‘fraud’ concerns on $60m Cat Island resort

The Government was last night urgently reviewing the legitimacy of a $60m Cat Island resort project after its principals were charged by US federal regulators with playing key roles in a multi-million dollar investment fraud.

‘I arrived illegally 20 years ago’, migrant accused of fraud told officers

A HAITIAN man accused of entering into a fake marriage told immigration officers that he came into the country on an illegal vessel over 20 years ago, a court heard yesterday.

Rangers’ Bannister assigned to spring training

ZION Bannister continues his progression within the Texas Rangers organisation and was called up to the club’s main roster for Spring Training.

Regulatory easing for BTC on double-digit mobile fall

Regulators are proposing to ease the Bahamas Telecommunications Company’s (BTC) regulatory burden after its mobile revenue share suffered annual double-digit declines in each of the five years after Aliv entered the market.

Geo-monopoly

ActivTrades

Prices plummeted around the world after Russian troops invaded Ukraine. But no stock exchange has been hit as hard as the Moscow Stock Exchange.

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