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More than 100 investors at risk of losing crowdfund investment

A former Colina Insurance Company chief and at least 115 fellow investors are in peril of losing most, if not all, their combined $2.4m-plus investment in the insolvent ArawakX crowd-funding platform.

Jones and Liberty topple defending champions in 38-point blowout win

JONQUEL Jones and the New York Liberty routed the Women’s National Basketball Association (WNBA) defending champions, the Las Vegas Aces, in a 38-point blowout win.

ArawakX directors stay in control of BOB battle

The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.

$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim

The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.

Liquidators ‘blocked as ArawakX set up similar operation in US’

ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.

Gov’t wage bill’s $68m jump ‘not annual norm’

The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".

Gov’t deserves fiscal praise but should now look to IMF

The Bahamas is now three years into a recovery from the devastating effects of Hurricane Dorian and the COVID-19 pandemic, which hit the country only four months apart in 2019- 2020 and wreaked havoc on the economy.

Two-thirds say Bahamas can end cheques by ‘26

Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.

Jones and Liberty lose WNBA Finals opener

Grand Bahama native Jonquel Jones and the New York Liberty were handed a 17-point blowout loss in the Women’s National Basketball Association (WNBA) Finals opener.

DIANE PHILLIPS: When the public speaks up, bad ideas can be grounded

A UNIQUE thing happened this week. Amid the horror played out on TV screens of violence rocking the Middle East with innocent men, women and children being captured and slaughtered, entire cities and villages burned and destroyed, amidst the burial of a revered Bahamian Cabinet minister who suffered an untimely and shocking death and amidst the tearful memorial for the head boy at QC who died before he had a chance to live, there was a bright and shining light.

Footcare provider targets new investor capital raise

A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.

Memphis in town for Battle 4 Atlantis

THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.

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