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BISX-listed firm’s affiliate in $75.5m ‘discrepancy’

There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.

The quest to end lost airline luggage

DELTA Air Lines is investing $50m to soothe one of air travel’s biggest headaches: lost and delayed luggage.

JONES AND SUN LOSE TO MYSTICS, 84-76 IN OVERTIME

JONQUEL Jones and the Connecticut Sun were outscored 17-9 in overtime en route to their second consecutive loss.

Cruise port hits 97% end-May occupancy

Passenger occupancies on vessels calling at Nassau Cruise Port in the final week of May exceeded 97 percent, it was revealed yesterday, signalling the sector is closing on full recovery from COVID-19’s ravages.

Realtors turn out for $100m development

The Bahamian real estate industry turned out in force last week for Palm Cay’s reception for its $100m One Marina project, which features 84 luxury condos overlooking a marina.“Inventory is always a major concern for real estate agents and brokers, s

STATESIDE: It’s not easy keeping pace with the polarization of American politics

GIVEN the choice, most of us would probably prefer a public figure or politician whose views are plain and consistent. That way, at least we know who and more importantly, what we are voting for. One of the most damaging criticisms of politicians in recent decades has been the charge of “flip-flopping,” especially in American elections.

Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

Jones sets season high 17, Hunter has career high 11

BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.

Rockets are NPBA Division 1 champions

THE Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants.

Paul Adderley dead at 84

FORMER Member of Parliament George Smith remembers Paul Adderley, former Attorney General of the Bahamas, as one of the few front line politicians who left an indelible mark on everything he touched.

Sports notes

THE Mail Boat Cybots were the first team to advance out of the New Providence Basketball Association’s first round playoffs.

Happinets re-sign Kadeem Coleby in Japan B-League

KADEEM Coleby will return to the Akita Northern Happinets for his fourth consecutive season of pro basketball in Japan.

How my friend helped fulfill a dream for these islands

It is most difficult for me to accept that Sol Kerzner has died at the age of 84. I had the very good fortune of working with Sol from the day he assumed control and management.

‘Great’ if quarterly VAT filers achieve 80-90% compliance

A top Ministry of Finance official believes the compliance rate for quarterly Value-Added Tax (VAT) filers will “not be as high” as that for larger companies, suggesting an 80-90 per cent level would be “great”.

95 newly confirmed cases of COVID-19

The Ministry of Health reported on Tuesday that there are 95 newly confirmed cases of COVID-19.

Team Bahamas affected by FIBA tournament’s cancellation

THE Bahamas’ bid toward FIBA Basketball World Cup 2019 Qualification will now follow a new path after the international governing body made adjustments to its tournament structure.

Bahamasair off 35% against pre-COVID

Bahamasair’s peak summer revenues were down by 35 percent compared to pre-COVID19 figures, its chairman has revealed, although passenger occupancy on its US routes averaged around 80 percent.

5% rise in food assistance to help offset 7.5% rate of VAT

PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.

Roberts and the Bible

In The Nassau Guardian, published January 21, PLP Chair Bradley Roberts, in taking potshots at PLP defectors Renward Wells and Dr Andre Rollins, referenced the New Testament account of Jesus, His disciples and His betrayal for silver.

British Colonial receives 400 manager applicants

Some 400 persons yesterday applied for managerial posts at the re-opening British Colonial with the property targeting a workforce that is 95 percent Bahamian.

The Tribune

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