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U.S. agrees deal to oversee airspace

THE Bahamas Air Navigation Services Authority and the United States Federal Aviation Administration signed an “historic” Air Navigation Services agreement yesterday which is expected to bring in around $300m in fees over the next ten years.

Govt halts Nassau Flight Services sale

The government’s decision not to proceed with the Nassau Flight Services (NFS) privatisation is no reflection on the two final bidders’ quality, a top aviation official revealed yesterday. Algernon Cargill, director of aviation, confirmed to Tribune

Flight Services must cut ‘growing taxpayer draw’

Nassau Flight Services (NFS) must “reduce its ever-increasing draw” on Bahamian taxpayers, a Cabinet minister charged yesterday, after privatisation efforts proved unsuccessful.

GB power cost 'third lowest' in region says top executive

A Grand Bahama Power Company top executive said the cost of electricity in Grand Bahama is the third-lowest in the Caribbean region but agrees that it could be lower.

GB water supplier sets out post-Dorian strategy

Grand Bahama’s water supplier is seeking out new fresh reserves and aiming to revive an old wellfield after virtually all its existing sources were compromised by Hurricane Dorian’s storm surge. The Grand Bahama Utility Company Limited (GBUC), in a

Jones inks her name in WNBA record books

IT was an historic night for Jonquel Jones as she inked her name into the WNBA record books as one of the league’s top performers in finals history.

Banks not ‘betting against economy’

Top bankers yesterday rejected the Prime Minister’s assertion that they are “betting against The Bahamas’ economy” after it was revealed that a recent bond issue was just 40 percent subscribed.

'Surprise' at just three Nassau Flight offers

A senior government official yesterday voiced surprise that the Nassau Flight Services (NFS) privatisation had attracted just three bids from potential Bahamian purchasers. Algernon Cargill, director of aviation, told Tribune Business that “a lot mo

Mother-of-two’s war against breast cancer

Had not been for a routine checkup last year, Kaffieanne Duncombe may not have been here today to share her story of waging battle against breast cancer.

Commission forces Benchmark into broker 'guarantee'

BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.

TOUGH CALL: Belize and its experience with oil

KINGSTON, Jamaica – As prospectors are about to drill for oil in Bahamian waters, it’s worth taking a look at the recent experience of petroleum licensing in a fellow CARICOM state – Belize.

Bahamas provider slams $20m crypto ‘fraud’ claim

A Bahamian financial institution and its affiliate yesterday slammed a $20m damages claim against them as “baseless”, denying they participated in a “conspiracy to sabotage” a virtual token issue.

Jones posts 17pts, 12 rebounds, 2 blocks

IN the midst of contract negotiations with the Connecticut Sun during WNBA free agency, Jonquel Jones continues her series of dominant performances in the Russian Premier League.

Watch for a New Look on Friday - a bigger and better Tribune

“HAS VAT blown the BIG T away!“ quipped one reader on The Tribune’s announcement that its three-year-old weekend edition had ceased publication.

Just what the doctor ordered – poll gives support for medical marijuana

A RECENT Public Domain survey has found overwhelming support for medical marijuana among Bahamian residents across demographics of age, gender and income.

Florida ferry captures 50% of Big Game guests

THE Bimini Big Game Resort & Marina has been reaping the benefits of ferry service from Florida, its general manager yesterday crediting this with producing “50 per cent or more” of its weekend occupancies.

Jones posts another double double

JONQUEL Jones faced foul trouble and double teams all afternoon, but still finished with another double double to lead her Connecticut Sun to the best start in franchise history. Jones finished with 13 points and 11 rebounds in the Sun’s 81-67 win o

Saunders gets chance to earn roster spot in NFL

Mavin Saunders will have his first opportunity to earn a roster spot in the National Football League with the franchise that has made some of this year’s most high profile acquisitions in the offseason.

Ayton and Suns rally for 120-112 win over Knicks

PHOENIX (AP) — Deandre Ayton snatched the loose ball, glanced down the court and saw Aron Baynes streaking toward the rim with no one around him. The 6-foot-11 centre never hesitated, launching a pass to his 6-10 teammate and hitting him in stride fo

Properties taxed on just 40% of value

The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.

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