All results / Stories

Development Bank fund ‘sinking’: Covers 1/3 of $46m bonds

* Just 28.4% of loans ‘performing’ * Accumulated losses over $60m * Solvency deficiency at $31.31m

THE Bahamas Development Bank’s (BDB) ‘sinking fund’ covered just one-third of its $46 million outstanding bond debt at year-end 2016, with only 28.4 per cent of its loans ‘performing’. The BDB’s 2016 financial statements, tabled in the House of Assembly in Wednesday by the Prime Minister, reveal the parlous state of another state-owned enterprise (SOE) that has racked up more than $60 million in losses for the Bahamian taxpayer during its 43-year existence.

Tease photo

US action on Haitians will affect Bahamas

FOREIGN Affairs Minister Darren Henfield forecast border security challenges will increase as the United States terminates the temporary status of some 59,000 Haitian refugees over the next two years.

Tease photo

Man quizzed after body find

POLICE are questioning a male relative of a woman whose partially decomposed body was discovered in bushes off the Sherlin Bootle Highway in Abaco last week.

The 'Holy Grail' for kickstarting Freeport

Terence Gape, senior partner at the Dupuch & Turnquest law firm, unveils his strategy for getting the Bahamas’ second city moving again.

Tease photo

Man dies two weeks after being shot

A 39-year-old man died in hospital early Wednesday morning after being shot two weeks ago.

Grouper season folly

EDITOR, The Tribune. I read with disbelief the government’s announced intention of shortening the closed season on Nassau Grouper ostensibly to compensate fishermen for disruption to the crawfish season due to hurricanes.This Landmark Conservation Le

Tease photo

Fox Hill student, 16, shot dead

AN 11th grade Government High School student was shot multiple times and killed late Tuesday night while hanging out with persons in the back of his Fox Hill home.

Tease photo

‘Tornado sounded like a freight train running through our home’

GRAND Bahama resident Peter Roberts said it sounded like a “freight train” ran through his home on Sunday when a tornado passed through, the force of the twister so strong the wind picked him up and threw him to the ground as he and his wife tried to get to safety.

Tease photo

Pineapple 'scam': Police called in

THE Securities Commission of The Bahamas yesterday referred its findings on the Pineapple Express Asue Holders difficulties to police, officially classifying the self-proclaimed “asue” business as an alleged Ponzi or pyramid scheme.

Chavez Young scores twice for the Blue Jays in 14-5 victory

CHAVEZ Young had one of his best offensive games of the season thus far and his timely hitting helped his club stay ahead in a close race atop the league standings.Young homered, finished 3-4 with two RBI and scored twice in the 14-5 win for his Blue

Changing the dialogue between customer and client

An interactive Bahamian web-based services directory is aiming to ‘change the way Bahamians do business’, its chief executive told Tribune Business yesterday.Benjamin Fox, chief executive and operations manager of The Island Shopper said his company’

Tease photo

Drama as relay teams crash out of World Championships

LONDON, England: One by one the Bahamas teams were eliminated in the preliminaries of the women and men's 4 x 100 and 4 x 400 metre relays on Saturday, abruptly ending the country's appearance at the 16th IAAF World Championships.

Tease photo

‘It’s more dangerous in the Bahamas’

AN international travel site has listed The Bahamas as the sixth out of ten most dangerous places for unaccompanied women travellers to visit.

Tease photo

US warning over islands’ crime rate

THE United States Department of State has assessed New Providence and classified it as being a “critical” threat location for crime either directed at or affecting official US government interests, citing among other things that areas of Nassau referred to as “Over-the-Hill” should be avoided.

Tease photo

Man dies in suspected hit and run

POLICE are investigating the circumstances surrounding the death of a man, who was found lying in the road with “multiple injuries” early Saturday morning. Senior Assistant Commissioner of Police Stephen Dean said police “are leaning toward” classif

Staff down to three-hour days in hellhole post office building

ONE day after employees were forced off the job early by a failed air-conditioning unit and a leaking ceiling, Bahamas Public Services Union President John Pinder said Thursday workers at the General Post Office have now been divided between two, th

EDITORIAL: US MUST TACKLE CLIMATE CHANGE

IT WILL have come as no surprise to many people that last week’s G20 meeting in Germany of the countries with the world’s largest economies attracted even more media attention than is usual for such a significant gathering.

Tease photo

CULTURE CLASH: Tackling the abuse of online harassment

“Talkin’ to people bad” is the Bahamian way. That’s what they want us to believe. We play into the narrative that to be Bahamian is to be abrasive, rude, and condescending without second thought, apology, or recompense. We imagine that adulthood give

Tease photo

GOOD TO KNOW: The dark side of plastics

Our toxic love of plastic might be sending us to an early grave. Prostate and breast cancer rates have risen exponentially over the past couple of decades, fertility rates in men and women have dropped dramatically, young girls have entered early puberty, young boys have become increasingly hyperactive, and children have become obese.

Tease photo

PAHO team says residents by landfill 'acutely affected' by fumes from fire

THE recent fires that plagued the Harrold Road landfill in early March of this year were a turning point for many residents on New Providence who suffered the shutdown of schools and public facilities, and in some cases, had to be evacuated from their homes.