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Tobacco start-up targets up to $10m first year sales
A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.
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PwC wins battle over liquidation of alleged fraud
A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.
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It's a first as Giants stun Jaspers 88-82
THE Manhattan College Jaspers were hoping to return home to Riverdale, New York, with a perfect run through the Bahamas Basketball Federation’s 5th annual BTC Summer of Thunder Classic in the Bahamas.
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BISX listee's principal seeks SEC suit dismissal
A BISX-listed company’s principal, and its broker/dealer affiliate, are demanding that a federal regulator’s lawsuit against them be dismissed because the US courts have “no jurisdiction”.
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Anouk Formige, of Mariposa Stables, receives the D’Aguilar Trophy for the Overall High Point Rider …
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Giants stay undefeated, Bucket take upper hand in semis
THE Commonwealth Bank Giants stayed undefeated and the Aliv Bucket took the upper hand in their respective best-of-five semi-final playoff series as the New Providence Basketball Association played a double header on Monday night.In the men’s divisi
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Pro basketball player Dwight Coleby off to impressive start
DWIGHT Coleby is off to an impressive start with his new club - Heroes de Falcon - in the Venezuelan SuperLiga. The veteran frontcourt player is averaging 9.4 points and a team high 7.8 rebounds per game. He also leads the team in blocks at 1.6 per game, while shooting 53 percent from the field in 25 minutes per game.
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100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
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Kadeem, Mark and Travis top performers among Bahamians
KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.
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Giants v Cybots tonight
THE 2014 New Providence Basketball Association will again be decided between a pair of familiar foes, perennial contenders and the last two league champions.
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Harvey scores career high 10 points in win
AHMARD Harvey had the best game of his collegiate career while several Bahamian players made their NCAA Division I basketball debuts this week after their programmes got off to late starts due to schedule adjustments and COVID-19 protocols.
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Lathaniel and Cardinals get at-large bid to NJCAA Division I Nationals
LATHANIEL Bastian and his Trinity Valley Community College Cardinals had their nearly season long win streak come to an end, but still received an at-large bid to the NJCAA Division I National Championship Tournament.
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Lyford Cay billionaire Sir Anthony O’Reilly declared bankrupt
A SUPREME Court judge declared Lyford Cay billionaire Sir Anthony O’Reilly bankrupt on Friday evening after more than five hours of legal arguments concerning the procedural validity of his applications.
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Bahamas’ FIBA 2022 AmeriCup qualification bid comes to an end
TEAM Bahamas experienced another fourth quarter collapse against Puerto Rico and saw their FIBA 2022 AmeriCup qualification bid come to an end.
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Bridgewater dominates in his French reunion
DOMINICK Bridgewater was dominant in his return to France’s NM2 League.
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'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
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Zane Knowles, Dwight Coleby dominate
ZANE Knowles and Dwight Coleby delivered dominant performances for their respective teams as the Turkish Basketball First League concludes its regular season and teams jostle for playoff positioning.
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Nesbitt and team force 5th and deciding game
NATIONAL team member David Nesbitt and his Regates de Flamengo Basketball Club forced a fifth and deciding game in Brazil’s Novo Basquete Brasil (NBB) Finals.
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Andrew McKinney dies, aged 97
MR Andrew McKinney, 97, died at 8 o’clock yesterday morning at his Eastern Road home.
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Broker ‘acted in good faith’ on $400m fraud
A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.
