All results / Stories
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.
Political implications for West GB
From the outset I would like to extend sincere condolences to the family of the late West End and Bimini MP Obie Wilchcombe. His death is a grim reminder of the uncertainty and brevity of life on this side of eternity and the importance of living each day as if it would be our last, with our focus on the Lord Jesus Christ
84-year-old woman dies in car crash in Grand Bahama
An 84-year-old Grand Bahama woman died in hospital on Sunday after a two-car collision on Saturday.
Jonquel, Liberty advance to WNBA playoff semifinals
WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.
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.
BGDBA Playoffs: Crimestoppers tie series 1-1, Cybots win game one
THE Police Crimestoppers tied their series 1-1 with the Ministry of Youth, Sports and Culture Panthers.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
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”.
Walcott ‘the crown jewel’ of Rangers’ signing class
JBLN standout considered to be ‘the next Jazz Chisholm’
From the time he started playing in the Junior Baseball League of Nassau, Sebastian Walcott had the notion that he would one day be a professional baseball player.
Andros Chickcharnies in the lead after day 2
Bahamas Games golf tournament at Ocean Club on Paradise Island
THE Andros Chickcharnies are still holding onto the lead after two days of competition in the 6th Bahamas Games golf tournament at the Ocean Club on Paradise Island.
Parking ‘satisfied’: Wynn penthouse project is go
The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.
ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
‘VJ’ Edgecombe and Donovan Freeman fall to east 88-86
BAHAMIANS Valdez “VJ” Edgecombe and Donovan Freeman took the court for the 2024 McDonald’s All-American Game at the Toyota Center in Houston, Texas on Tuesday.
Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
