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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.
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”.
Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
Battle 4 Atlantis men: Tar Heels to face Wildcats In Semifinals today
THE 12th Battle 4 Atlantis men’s tournament got off to a hot start for the Villanova Wildcats and North Carolina Tar Heels yesterday at the Imperial Arena, Paradise Island.
A scholarship to soar
STUDENTS HAVE received scholarships to become jet pilots through partnership with Qatar Aeronautical Academy and The Bahamas Aeronautical Academy.
Governor General marks first official visit to Grand Bahama
GOVERNOR General Cynthia “Mother” Pratt travelled throughout Grand Bahama and met Bahamians from all walks of life during her first official visit last week.
‘Uncle Lou’ Adderley set to be inducted October 14
THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.
Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
Licensees concerned over back and forth between govt and GBPA
FREEPORT licensee Darren Cooper said licensees are not being used by anyone at the Grand Bahama Port Authority in its efforts to educate people about the Hawksbill Creek Agreement (HCA).
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
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.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
BPL Workers Union votes strongly in favour of strike
MORE than 1,000 Bahamas Electrical Workers Union members voted to strike in a ballot on Friday, resulting in a 99 percent “yes” vote unofficially, according to union president Kyle Wilson.
Focus on fixing potholes
I would be grateful if I might pass a little suggestion on to Minister Sweeting to say that although $98,000,000.00 is an impressive amount of money, we don’t need to repave all of the roads in New Providence, but we do need to repair the 98,000,000 pot holes that are in those roads.
STATESIDE: A tale of several Trudeaus and one Donald Trump
THIS is a tale of several Trudeaus of different generations and Donald Trump.
STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations
WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.
Ole Miss Rebels set for trip to Bahamas
After coming off a 10-point loss in their last game, coach Yolett McPhee-McCuin hopes to get her Ole Miss Lady Rebels back on track tonight before they make their return trek to The Bahamas for another Thanksgiving tournament.
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.
NPBA: High Flyers earn victories
THE Sand Dollar High Flyers division one and two teams added another victory to their win columns after defeating the Island Development Rebels and BIBT Great Whites on Wednesday night at the CI Gibson Gymnasium.
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."