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BISX-listed Fund eyes restart for dividends after 15-year gap

The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.

Briefly

I DON’T know what action will be sufficient to roll back both the Islamic State militant group and Russia’s president, Vladimir Putin, but I do know what’s necessary. And it’s not “leading from behind”, which didn’t really work for President Barack Obama in Libya, and it isn’t simply leading a lonely and unpopular charge from in front, which certainly didn’t work for President George W Bush in Iraq. It’s actually reviving America’s greatest strategy: leading from within.

Troubled broker in Judicial review against regulator

A BISX-listed firm’s broker/dealer subsidiary has filed a Judicial Review action against the Securities Commission of the Bahamas, over the regulator’s demand that it cease taking on new business and submit to a “solvency review”.

Bimini ferry brings 40k in three months

Resorts World Bimini yesterday said its Miami ferry service had brought 40,000 persons, or 80 per cent of its normal annual visitor numbers, to the island in just three months.

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Stingers tie series

The Mail Boat Cybots are back to defend their title in the New Providence Basketball Association.

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Big names in Bahamas team for FIBA World Cup Qualifiers

The Bahamas Basketball Federation has announced the 24-member preliminary squad for the men’s national team as they prepare for the third window of FIBA World Cup – Americas Qualifiers.

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‘Bubba’ posts double doubles

Van ‘Bubba’ Hutchinson Jr, still reeling off his historic 56-point game performance, had a pair of double-double stings to lead the Niagara College Knights to a pair of victories over the weekend.

Is Christie now tolerant of such victimisation?

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

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Sanctioned broker eyeing Canada exit

A BAHAMIAN broker/dealer yesterday said it was assessing whether to re-domicile millions of dollars in assets, belonging to both itself and its clients, away from Canada due to concerns over a regulatory "domino effect" resulting from a recent ruling against it.

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Jaron Cornish making a name for himself with Sea Wolves

JARON Cornish continues to make the most of his recent opportunities in his first season with the Stony Brook Sea Wolves men’s basketball programme.Cornish has set milestones in his last three games, most recently scoring in double figures for the se

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Broker 'optimistic' doctors' captive issues resolved

By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians

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Softball Games prelude to Public Service Week

PUBLIC service workers enjoyed softball games at the Blue Hills Sporting Complex on Saturday morning in their leadup to full launch of their commemorative week.

Pinder back in role

EDITOR, The Tribune. As a resident of Spanish Wells I have waited now for a week to see if any of the PLP loudmouths and some Internet site called Bahamas Press - who carried on in the media and also in Parliament back in July about the fact that they ha

Tourism executives meet police on security issues

THE Bahamas Hotel and Tourism Association (BHTA) and the Downtown Nassau Partnership (DNP) met with officers at downtown’s Tourism Police Station to discuss security issues.Representatives from the two organisations met with Superintendent Anthony Ro

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Shipyard to donation helps marching band

THANKS to a donation from the Grand Bahama Shipyard, the Grand Bahama Legends Marching Band can now fund their much-awaited trip to Sanford, Florida.

GB Power raises reduced light bill estimate to 95%

Grand Bahama Power Company (GBPC) yesterday said it was “confident” that the number of residential customers set to experience reduced electricity bills in 2016 had increased to 95 per cent, with some in line for “close to 7 per cent” decreases.

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Food stores given weekend choices

Super Value's president last night said the Prime Minister wants "to maintain a certain level of control" over his COVID ease as he revealed food stores were given the choice of which weekend day to open.

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Todd Isaacs Jr called up to Isotopes in Triple-A

TODD Isaacs Jr received the highest minor league promotion of his career after just two months within the Colorado Rockies organisation.