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ACCORDING to sources close to the negotiations, The Tribune has learned that a deal in principle has been struck for Baha Mar between Island Capital Group LLC, a private real estate merchant bank led by Andrew Farkas and partnered by hotel magnate Sol Kerzner, the Export-Import Bank of China and China State Construction Engineering Corporation Ltd.
TROPICAL Storm Kate formed on Monday morning and is approaching the central Bahamas. A tropical storm warning is in effect for the central and northwestern Bahamas, including Grand Bahama, Abaco, Andros, Bimini, Berry Islands, New Providence, Eleuthera, The Exumas, Cat Island, Long Island, Rum Cay and San Salvador.
THE daughter of 93-year-old Geneva Johnson said yesterday while the devastation Hurricane Joaquin wreaked on Acklins did not take the life of her mother, the massive category four storm left in its wake mental and emotional scars too big to overcome.
DESPITE having the necessary supplies and work teams already in place, restoring power to customers affected by Hurricane Joaquin on Crooked Island will take “some time” to complete, the Bahamas Electricity Corporation said on Friday.
JUNKANOO groups are set for a major boost in funding this year, after the government made allocations that quadruple the amount of money that the groups received in previous years, according to officials.
THE 2015-16 Junkanoo season was launched on Thursday by the Ministry of Youth, Sports and Culture in conjunction with the National Junkanoo Committee at the National Art Gallery of the Bahamas.
THE membership applications of Bamboo Town MP Renward Wells and Fort Charlotte MP Dr Andre Rollins to the Free National Movement were met with “thunderous applause” at a special meeting last week, according to FNM Secretary General Michael Foulkes.
THE Princess Margaret Hospital drastically improved its medication management system this year with the introduction of state-of-the-art technology that is reducing wastage and saving money, while setting the stage for improved clinical outcomes for patients, officials said.
SCORES of civic dignitaries on Friday joined the family, friends and religious counterparts of the late Rev Dr Hervis Bain to bid a final farewell to the national icon best recognised as the creator of the national flag and coat of arms.
FORECASTERS are monitoring a weather disturbance near the southeast Bahamas and the Turks and Caicos Islands on Sunday night that has the potential to form into a tropical depression or storm on Monday.
POLICE have taken four men into custody after a fight at a dance hall off Prince Charles Drive on Saturday night ended with one man stabbed to death and three others detained in hospital with injuries.
THE US Coast Guard suspended its search on Saturday for a Brazilian man who jumped onto a lifeboat on the side of a Royal Caribbean cruise ship before he plunged into the ocean near the Bahamas.
Police are searching for a suspect after a man was shot on Carew Street on Friday night.
93-year-old Acklins resident Geneva Johnson died Friday afternoon after suffering from pneumonia.
PRIME Minister Perry Christie’s suggestion that he could soon be drafting legislation to block MPs from switching sides without resigning from their seats is a bid to prevent further defections from his party because it has obvious problems, former Cabinet Minister Brent Symonette told The Tribune on Friday.
FRUSTRATED World War II veterans yesterday threatened to boycott the government's Remembrance Day ceremony in protest of its failure to increase war pensions for more than half a century.
FOREIGN Affairs and Immigration Minister Fred Mitchell says he would like to see the Passport Office move to a “cashless system” in Freeport after some $25,000 reportedly went missing there several months ago.
A SUPREME Court jury heard on Friday that a witness identified one of two men on trial concerning a murder that occurred on a national holiday.
A MAN who jumped onto a lifeboat on the side of a cruise ship clung to the edge of the tiny vessel for more than minute early on Friday as fellow passengers watched and screamed before he plunged into the ocean below, according to officials and video posted of the incident.
THE Grand Bahama Shipyard and its employees are donating $42,000 towards hurricane relief and rebuilding efforts in the southern Bahamas.
A MAN who believes he did not receive a fair trial on a murder charge was told by a Supreme Court judge on Friday that he will have to contest his conviction in the country's highest court of appeal.
ACTIVIST Terneille Burrows has announced her intention to run as an independent candidate for Elizabeth in the next general election.
THE Bahamas Electricity Corporation yesterday blamed a “faulty circuit breaker” for a power outage that left 25 per cent of New Providence without electricity for hours on Thursday morning.
PRIME Minister Perry Christie said yesterday that major international investors are interested in the Baha Mar property, adding that some of these groups have already had talks with the Export-Import Bank of China.
FORMER Cabinet Minister Tennyson Wells yesterday said he first approached Fort Charlotte MP Dr Andre Rollins and Bamboo Town MP Renward Wells about joining the Free National Movement and encouraged initial discussions for the plans to come to fruition.