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Broker refutes regulator's 'ponzi scheme' assertions

A former Bahamas-based broker/dealer last night accused the Securities Commission of failing to understand a business model that the regulator had branded “akin to a ‘ponzi’ scheme”.Guy Gentile, principal of SureTrader and MintBroker International, t

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Cruise island expansion to drive 149% visitor rise

Visitors to a cruise line’s Bahamian private island are forecast to increase by more than 427,000 per year once two piers are constructed to allow its vessels to properly dock, it has been revealed.

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Governor warns on future tax increases

The Central Bank's governor has echoed warnings that Bahamians should brace for new and/or increased taxes as he dismissed suggestions the Government may soon default on its debt.

PowerSecure targeted $100m in fuel savings

Bahamas Power & Light’s (BPL) former manager targeted more than $100 million in fuel savings as key to reducing electricity rates by 50 per cent come 2020.

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NPBA action continues at the AF Adderley gym on Wednesday night

THE New Providence Basketball Association closed out play at the CI Gibson Gymnasium over the weekend and will resume competition at the AF Adderley Gymnasium on Wednesday.

Sports Notes

BAHAMIAN Justin Roberts has pulled off another victory. Roberts defeated No.8 seed Samuel Shropshire in a 6-4, 6-3 decision at the Dominican Republic Futures $15,000 Tournament. Shropshire had a career high ranking of 1,417 and he plays as the No.1 seed for Northwestern University and currently has an Intercollegiate Tennis Association Division 1 singles ranking of 34.

Sports Notes

IT’S regatta time again and Valentine’s Residences Resort and Marina along with the North Eleuthera Regatta Association invites you to party in a pink sand paradise at the 26th annual North Eleuthera Regatta October 7-11.

16 more National Sports Hall of Famers

THE National Sports Hall of Fame will be increased by 16 when the 2014 Class is enshrined on Friday night.

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Motivation for Bahamians to lose weight

The World Health Organisation (WHO) defines overweight and obesity as excessive or abnormal fat accumulation that leads to increased health risks. Overweight is defined as a body mass index BMI greater than 25 and obesity is defined as a BMI greater than 30.

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Tributes pour in for radio star Phil

RADIO personality Phillip Sands, 54, best known for his impersonations as “Yvonne Batalise, LLB Esq” or “The Digger” on the People’s Radio Station (100 JAMZ), died yesterday morning at the Princess Margaret Hospital after suffering a massive stroke at his home last weekend.

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Bahamas to host Aqua X World Championships

The Bahamas’ sports tourism product is set to expand with a new initiative by the Atlantis resort, the Bahamas Ministry of Tourism and Aviation, the Nassau/Paradise Island Promotion Board and P1 Aqua Cross (branded Aqua X) Racing.

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WORLD VIEW: No busting of sanctions against Russia

THE Caribbean cannot escape the economic and financial consequences of the Russian Federation’s invasion of the sovereign, independent nation of Ukraine.

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'Dan Marino and Friends Bahamas Weekend' was a blast

ANOTHER edition of the “Dan Marino and Friends Bahamas Weekend” celebrated the partnership between the NFL’s Miami Dolphins and the Bahamas Ministry of Tourism in a community outreach effort.The itinerary included a welcome reception on opening night

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$2,000 to go toward A Class regatta at Montagu

KING Eric Gibson said any support they can get for sailing is better than nothing at all.

LW Young and broke candidates

Leon Walter Young, better known to us as L W Young, was first elected to the House of Assembly in 1912, during the governorship of either Sir Gilbert Thomas Carter or Sir William Grey-Wilson. A carpenter and building contractor by profession, Young would serve in Parliament for the Eastern District of New Providence, from the aforementioned 1912 to 1942 – the year of the Burma Road Riots.

Sports notes

In conjunction with the Gym Tennis Club, Brajaxba Tennis Club held its 2015 Back-To-School Jamboree at the Gym Tennis Club on Saturday. The results posted are as follows:

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Jones: 'We move the ball really well'

Already the most successful postseason run of her WNBA career after a single series, Jonquel Jones and the Connecticut Sun took game one of their semi-finals matchup.The Sun have been on the losing end of single game elimination scenarios at the hand

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Top high school basketball players in the country raise their stock

THE best high school basketball players in the country took full advantage of the opportunity to showcase their skills at the 33rd Hugh Campbell Basketball Classic.

IAN FERGUSON: How business can help combat crime’s roots

As we begin the festive season, our hopes and desires for a joyous holiday bring with them a heightened sense of fear of the lurking criminal element.

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Straws in the wind for PLP leadership race?

DEPUTY Prime Minister Philip “Brave” Davis yesterday said he was not anxious about the PLP coming convention, even as party insiders say supporters are concerned about the lack of disclosure about who will make a leadership bid.