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Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

84 new cases and three more deaths as surge continues

EIGHTY-FOUR additional COVID-19 cases were recorded on Wednesday along with three more deaths.

Giants stop the Stingers

WHILE the Patron Regulators have booked their ticket into the New Providence Basketball Association championship series, they have to wait on the outcome of the Commonwealth Bank Giants and PJ Stingers to determine who their opponents will be.

COVID death tally passes 600 milestone

THE Bahamas achieved another grim milestone over the weekend after the number of confirmed COVID-19 deaths reached 605, with one senior physician warning the country could be grappling with another coronavirus surge.

PLP using Trump’s playbook

It is quite depressing to reflect on the journey that the Republican Party has taken since the days of the American Civil War. It was once the party of Abraham Lincoln that ended slavery in the United States. Today it is the party of Donald Trump and uses anger, fear, conspiracy theories and fake news to whip up the emotions of a section of society that is shrinking and getting more desperate by the day.

WTO to impact 20% of economy

THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ

Tida Wave, New Susan Chase, Whitty K and Judgment D crowned champions

THE Tida Wave, New Susan Chase, Whitty K and Judgment D all took the spotlight in the 62nd National Family Island Regatta in Georgetown, Exuma, over the weekend.

Henfield shocked to be on loan list

SENATOR Ranard Henfield has been included on a list of people with outstanding delinquent loans to the Education Loan Authority. His name was included alongside 98 others in a notice published in a local newspaper yesterday. “We have not been able

Hair today, gone tomorrow

MOVEMBER organisers exceeded their goal in attracting nearly 200 men to free Prostate-Specific Antigen (PSA) testing events in Rawson Square and at the Green Parrot Bar and Grill.

Tech Talk

Sea life centre using alternative energy

THE Alaska SeaLife Centre in Seward has announced that 98 per cent of its heating and cooling requirements are fulfilled by alternative energy: heat extracted from ocean water in Resurrection Bay.

Buddy cans 15 in 1-pt victory over Clippers

IT was quite a weekend for Buddy Hield with a pair of performances that produced a new career high and a thrilling come-from-behind win on the road.

NPBA Opening night on Saturday

THE New Providence Basketball Association will be back in action this weekend to tip off its 2019-20 season.

'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.

‘Tanny’ scores 13 with three blocks in Rams’ 96-94 win

LATHANIEL Bastian had an impressive debut in his transition to NCAA Division II basketball to highlight the weekend from Bahamians at the top tier of the sport.

Stay of proceedings ordered in Adrian Gibson trial

A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.

Roots wants Junkanoo judging change

MEMBERS of The Roots have called for the “abolition” of Junkanoo’s “flawed” judging system, adding it is overdue to be changed.

Stampers stun High Flyers 89-85, Shockers stop Pirates 85-78

AS the New Providence Basketball Association gets set to complete its regular season this weekend at the AF Adderley Gymnasium, two games were played on Wednesday night with teams jockeying for the final playoff spots.

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.

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.

Team Bahamas has ground to cover for golf title

AFTER two rounds at the top amateur golfing event in the region, Team Bahamas finds itself with much ground to cover if they hope to contend for the overall title.

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