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Bahamas broker: 50% of client assets in jeopardy

ALMOST 50 per cent of client assets at Owen Bethel's Nassau-based Montaque Capital Partners, which is reportedly insolvent with a $9.367 million net asset deficiency, are in jeopardy due to a Canadian institution's claim against them, Tribune Business can reveal.

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Contractor chief: ‘I cut 80% of staff to survive’

The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.

Obit

George Johnson

Mr. George Johnson Age 80 a resident of #10 Gardens Hills died at PMH 11th May, 2019. He is Survived By His Wife: Annamae Davis Johson, Sister: Leotha Miller, Son: Darren Johnson and Numerous other Relatives and Friends.

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Bahamas ‘leads pack’ over digital adoption

A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.

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Atlantis Crown Gynmastics Invitational Thursday at Atlantis

THE excitement is building for the hosting of the fourth annual Atlantis Crown Gymnastics Invitational. It’s all set to get underway in the Imperial Ballroom of the Atlantis resort on Paradise Island tomorrow.

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NPBA: Regulators and Pros tied in first place

IT’S still early in the season, but Mr Ship It Freight Regulators and Island Game Pros both won on Monday night to stay tied in first place in the Vince Ferguson Division of the New Providence Basketball Association.

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Economy 2% smaller than pre-COVID at 2023’s end

The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.

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51 new cases as surge goes on

NEW Providence recorded a new single-day record of 51 confirmed COVID-19 cases yesterday.

Obit

Ludovic Fils-Aime

Ludovic Fils-Aime Age: 80 years, A resident of Masons Edition, Nassau, N.P.; The Bahamas died at his residence on Sunday 23rd October, 2016. Funeral arrangements are being handled by Rest on Funeral Chapel Limited and details will be announced at …

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Open letter to Prime Minister Perry Christie

Dear Prime Minister, The Scriptures remind us, "Whatever you do to the least of my brothers, that you do unto me." I appeal to you to reinstate the 80 terminated officers of the Urban Renewal Programme.

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Is Christie now tolerant of such victimisation?

Prime Minister Christie once said: “There will be no payback time under my administration.”

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Taxis suffer 80% business fall-off

Taxi drivers have seen an 80 percent fall in business as they enter the traditionally slow September period, their union head said yesterday, adding that COVID testing and changed protocols are also to blame.

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'Neighbourhood watch a great success'

WITH more than 80 neighbourhood watch groups in New Providence, the Royal Bahamas Police Force has witnessed much success in its fight against crime and restoring peace in communities, according to Senior Assistant Commissioner of Police Stephen Dean.

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Resorts seek Memorial Day business boost

MAJOR resorts on New Providence are looking to capitalise on a “busy” US Memorial Day weekend, one resort manager telling Tribune Business yesterday that occupancy levels would be in the mid-80 per cent range.

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Resorts 'solidly booked' for Easter

SEVERAL major Nassau-based hotels are anticipating high occupancies for the Easter period, one senior executive telling Tribune Business: “We are absolutely solidly booked”.

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Romad Dean takes part in the Big Shots Prep Nationals with Adidas Grassroots Elite

WHILE prep basketball in Ontario, Canada, remains sidelined due to COVID-19 protocols, Romad Dean travelled to the United States to participate in the Big Shots Prep Nationals with Adidas Grassroots Elite.

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Jones posts double double - 29 points and 16 rebounds

JONQUEL Jones starred for Bosnia and Herzegovina women’s national team and several other Bahamian players posted double doubles to lead their team in their respective leagues across Europe this week.