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Give Bahamians ‘direct’ carbon manager equity

Opposition MPs yesterday urged that “ordinary Bahamians” be given an opportunity to directly own shares in the company being created to manage this nation’s multi-million dollar carbon credits and their trading.

Govt plans increase to redundancy 'cap'

The Labour Department’s Industrial Relations Unit has enjoyed an 89 per cent success rate in resolving trade disputes over the past 12 months, a Cabinet Minister said yestrerday. Dion Foulkes, minister of labour, told the Senate during his contributi

Rahming remains as Baha Mar liquidator

Bahamian accountant Ed Rahming yesterday said he remained one of Baha Mar’s three provisional liquidators amid expectations that their appointment will be ended tomorrow by the Supreme Court.

Sports Notes

THE Baptist Sports Council has announced that its 2015 volleyball classic will be held at the DW Davis Gymnasium on Saturday, October 31.

Sports notes

THE Baptist Sports Council has announced that its 2015 volleyball classic will be held at the DW Davis Gymnasium on Saturday, October 31.

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DNA: Christie saying no one else in his party is fit to lead

DEMOCRATIC National Alliance Leader Branville McCartney said Prime Minister Perry Christie’s assertion that the Progressive Liberal Party may become unstable without him is a “slap in the face to other persons” in the governing party.

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Fishing event brings in the crowds

GRAND Bahama Shipyard’s 4th annual Youth Benefit Fishing Tournament had a “fantastic” turnout this year with increase in fishermen and spectators alike.

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Building a better mousetrap

DEPUTY Prime Minister Philip “Brave” Davis opened the 17th annual Southeastern Consortium of Minorities Engineers Mousetrap Car and Bottle Rocket Competition, which was held at the Jack Hayward High School grounds in Grand Bahama last weekend.

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'Major concern' over BISX listed firm's $5m prefs

The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.

GB Power’s storm insurance fund delayed one year

The implementation of Grand Bahama Power Company’s hurricane ‘self-insurance’ fund has been pushed back one year until January 2017 under its newly-approved tariff structure.

Insurers want same VAT treatment for all

The Bahamas Insurance Association’s (BIA) chairman has called for all property and casualty products to receive the same VAT treatment, adding that exempt status is “not the way to go”.Emmanuel Komolafe admitted to Tribune Business that he was “caugh

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Renowned basketball coach Steve ‘Bulla’ Pinder dies at 85

RENOWNED basketball coach Steve ‘Bulla’ Pinder, known as one of the role models in the Bain and Grants Town community, passed away on Tuesday morning.

$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

'Severely hampered' over legal action against Alliance

Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.

Ragged Island renewables as high as 95%

RAGGED Island’s renewable energy penetration will be as high as 95 percent through a solar plant that will be owned by Bahamas Power & Light (BPL), it was revealed yesterday.

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Elite 8 in Battle 4 Atlantis

Organisers of the Battle 4 Atlantis are looking forward to bringing the top ranked men’s division one basketball team to Paradise Island for the third consecutive year as they have now emerged as the top men’s division one pre-season tournament to be held outside of the United States.

Individual Stats (Top 50)

1 Mike Russell Sands Bullets M 9 11 70 16 14 16 54.5 11 95 13 3 120.5 2 Harry Brown Coins A M 14 10 72 15 12 19 45.5 15 0 9 0 120.5 3 Christian Knowles Sigma Shots M 13 13 65 16 13 17 47 12 152 6 0 117.5 4 Sky Bain Back Yard Destroyers

PM to open conference

PRIME Minister Perry Christie will open the third Bahamas Natural History Conference on Monday, March 14, during an official reception at the Atlantis Resort on Paradise Island.

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Two accused of burglary

TWO men appeared in Magistrate’s Court yesterday on separate charges of housebreaking and burglary.

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Coastguard backs Abaco special olympics torch run

TOMORROW, Abaco's first annual Special Olympics Torch Run will be held in Marsh Harbour with a 9 am start.