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‘Irresistible inference’ ArawakX misused client funds to pay bills
ArawakX’s use of a loan from its largest investor to pay sums due to crowd-funding issuers and subscribers creates “the irresistible inference” it was using client funds to cover operating expenses, regulators charged yesterday.
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Many petroleum retailers 'close to giving keys back’
Multiple Bahamian petroleum retailers were yesterday said to be on the verge of “closing the doors and giving the keys back” within a month unless the Government finally delivers on a margin increase.
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Regulator: ArawakX portal provider owed $28k debts
ArawakX’s assertion that it faces no creditor demands is contradicted by complaints it has failed for months to settle a $28,000 bill due to the firm that serviced its crowd-funding portal, regulators alleged yesterday.
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Stem cell overhaul ‘no game changer’
The Free National Movement’s (FNM) chairman yesterday said the Government’s plans to overhaul the Stem Cell Therapy and Research Act are unlikely to be “a game changer” for healthcare or the economy.
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BMMC to break ground soon in Freeport, expects to employ 30
THE Bahamas Mineral Manufacturing Corporation Ltd expects to soon break ground in Freeport for a new mineral processing and manufacturing plant and expects to hire 30 people during the startup phase.
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‘Hunger should not be a barrier to learning’
HUNGER should not prevent any child from attending school, Prime Minister Philip “Brave” Davis said as the government’s new free breakfast programme was launched on Monday.
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BOY: IMMIGRATION TOOK MY MUMMY – Twelve-year-old tells how siblings left to fend for themselves after raid
A 12-year-old boy and his two siblings are fending for themselves after immigration officers apprehended their mother while posting eviction notices in the Kool Acres shanty town on Monday.
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Jonquel returns to WNBA Finals
Grand Bahama native Jonquel Jones will make her return to the Women’s National Basketball Association (WNBA) Finals with the New York Liberty this Sunday versus the league’s defending champions - the Las Vegas Aces.
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Speech a re-run of Pindling era
Speech from The Throne a day after. Slept on the images and speech … 2000 people assembled and you could hear a needle drop throughout the speech, the lack of applause was stunning, the politicos and PR folks must have shuddered in their shoes.
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‘Things are good’ is fake news
This is a letter to the editor of both The Guardian and The Tribune, our major Bahamian newspapers. Recently, we have heard the widespread accusations of Fake News against the major global news organisations, such as Fox News. Fox just lost a major court case, ordered to pay over $787,000,000 in damages for their sins.
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IAN FERGUSON: Navigating challenges in family-owned businesses
Global research confirms that only 30 percent of all family-owned businesses survive into the second generation, while just 12 percent survive into a third. The Bahamian context is perhaps not too far from these statistics and, while we chalk most of this reality down to a lack of succession, there are any number of variables that contribute to this outcome.
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Hotel expansion: ‘All our fears come true’
Two prominent Bahamian businessmen yesterday voiced fears their area’s property values will be undermined if a Bahamian hotel’s planned expansion worsens existing traffic and noise woes, adding: “All our fears have come true.”
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Development Plan’s ‘final 20%’ target year-end for completion
The final “20 percent” of The Bahamas’ National Development Plan (NDP) is being targeted for completion before year-end, it was revealed yesterday, as the Davis administration moves to give it the full force of statute law.
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Chisholm Jr, Marlins lose Wild Card Series
Phillies sweep Marlins to earn NL Division Series rematch with MLB-best Braves
PHILADELPHIA (AP) — Bryson Stott crushed the second grand slam in Philadelphia Phillies postseason history and Aaron Nola tossed seven shutout innings in a performance worthy of a postseason ace that led to a 7-1 win and a two-game sweep over the Miami Marlins in their NL Wild Card Series last night.
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Miller to serve as a technical delegate for Pan Am Games
FOR the third consecutive time, former Bahamas Olympic Committee president Wellington Miller will serve as a technical delegate for the Pan American Games.
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‘Buddy’ focused on training camp amid contract talks
INDIANA Pacers shooting guard Chavano “Buddy” Hield is focused on training camp despite ongoing conversations surrounding his contract extension with the team.
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In solidarity
We write to state our solidarity with our small community (Gambier Heights and Tropical Gardens) in its contest of the proposed expansion of A Stone’s Throw Away development which will incur a rezoning of our quiet residential space to commercial.
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Developing the softer side in technical skills training
Business leaders and those charged with the responsibility for hiring workers have an old saying that sums up the proficiencies needed for employment. “Hard skills will get you the interview; soft skills will get you the job."
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ALICIA WALLACE: ‘Anti-rights’ group predictably threatened by conversation
THE misleader who speaks for the anti-rights group —which claims to be a Christian organisation — is at it again. This time, he and those of his ilk feel threatened by an event that has nothing to do with them. They consistently demonstrate that they believe they are the main characters in a story and the plot must centre on them. When anything happens that does not advance what they believe the plot to be, it is a problem for them. They then decide to make their problem a problem for everyone else. It would not matter much if they did not bring their problems to the rest of the country with vitriol and violence.
