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ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
GBPA has not made GB better
IT IS disheartening and downright selfish for a foreign company that has been operating in the Bahamas from about 1955, and with nothing to show how it has improve the lives of Grand Bahamians, or its economy, to still want to stay hogging up all the profits, as its monopoly has become strained over decades, leaving many Bahamians to wonder about what percentages of its revenues were being exported to Europe, and now by the minute?
DPM: ‘We won’t tolerate’ cruise lines deterring their passengers
THE Deputy Prime Minister has warned the cruise lines that advising their passengers not to disembark in The Bahamas is “not something we tolerate”.
CARIFTA swimming team named
AFTER the completion of its final trials over the weekend at the King’s College School’s 25-metre pool, Bahamas Aquatics has selected a quality 36-member team on their quest to win a sixth straight CARIFTA swimming championship title.
‘Coach Yo’ and Ole Miss Rebels fall to LSU in SEC semifinals
COACH Yolett “Coach Yo” McPhee-McCuin and the University of Mississippi (Ole Miss) Rebels stepped onto the hardwood at the Bon Secours Wellness Arena riding a seven-game win streak which was snapped by the Louisiana State University Tigers 75-67 on Saturday.
76ers are planning to work out with NBA free agent Kai Jones
GRAND Bahama native Chavano “Buddy” Hield and NBA free agent Kai Jones could potentially join forces in the future as the Philadelphia 76ers want to meet and work out with the 2021 first rounder, according to Shams Charania of The Athletic.
EDITORIAL: Remembering a hero and guardian angel
PAUL Thompson was a guardian angel.
Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
STATESIDE: A tale of several Trudeaus and one Donald Trump
THIS is a tale of several Trudeaus of different generations and Donald Trump.
Former Assistant Commissioner of Police Paul Thompson dies age 96
Former Royal Bahamas Police Force Assistant Commissioner Paul Thompson has died, aged 96.
Nation building begins with our children
I WOULD like to share my experience with you and the public about a conversation I had with one of the top inspectors at Physical Planning.
Physical Planning not helpful
I WOULD like to share my experience with you and the public about a conversation I had with one of the top inspectors at Physical Planning.
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.
Haitian prime minister in Kenya to try to salvage African country’s deployment of police to Haiti
Haiti’s prime minister arrived Thursday in Kenya to try to salvage a plan to have the African country deploy 1,000 police officers to the troubled Caribbean nation to help combat gang violence.
Court upholds order to pay former NIB director benefits
An Appeal Court Justice yesterday upheld an order for the National Insurance Board (NIB) to pay a former director pension benefits after losing a legal battle over her due retirement entitlement.
‘Coach Yo’ and Ole Miss Lady Rebels two conference wins away from making history
GRAND Bahama native coach Yolett McPhee- McCuin and the University of Mississippi (Ole Miss) Rebels are just two wins away from earning the most Southeastern Conference victories in the programme’s history.
Bahamas ‘still in good position’
The Bahamas men’s national basketball team may have dropped a “disappointing” game to Puerto Rico in their rematch of the FIBA 2025 AmeriCup Qualifier on Sunday night.
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.
Liquidators ‘blocked as ArawakX set up similar operation in US’
ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.
