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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.
Ed Smith thrilled to be honorary ambassador
BIRTHDAY boy Ed Smith said he’s thrilled to have been selected as the honorary ambassador for the 2018 Makers Wanted Bahamas Bowl.
GB ‘really getting back’ into tourism
The Bahamas’ top tourism official yesterday said Grand Bahama was “really getting back into business” with 84 percent of hotels, and 55 percent of the island’s attractions, now receiving visitors.
Bahamas broker: 50% of client assets in jeopardy
ALMOST 50 per cent of client assets at Owen Bethel's Nassau-based Montaque Capital Partners, which is reportedly insolvent with a $9.367 million net asset deficiency, are in jeopardy due to a Canadian institution's claim against them, Tribune Business can reveal.
SUFFERING ON THE STREET AS HEAT SOARS: Hot weather affecting everyone, but homeless are especially vulnerable
BAHAMIANS of all backgrounds are scrambling for relief from the brutal heat this summer, but for some of the country’s poorest residents, managing the conditions is an existential challenge.
Montaque: Related parties owe 28% of 5.4m receivables
Some 28 per cent of Montaque Capital Partners’ $5.351 million receivables are owed by related parties in which its former principals, Owen Bethel and Edison Sumner, have continuing involvement.
SPORTS NOTES
JACOBI Bain, the only Bahamian playing in the 2015 Eddie Herr International Championships in Florida, suffered a 6-3, 6-3 loss to Xaiofei Wang of China in the boys 12 semi-final.
Is national stadium the biggest mistake yet?
EDITOR, The Tribune. May I respond to the letter signed under the name Ed Fields, "We The People". Mr Fields should recognise, I hope, that this National Stadium could easily become the biggest white elephant, hole in the ocean any Bahamas Government ha
Salem Union Baptist are volleyball champions
SALEM Union Baptist carted off the top prize in the Baptist Sports Council’s 2013 Co-Ed Volleyball Classic at the DW Davis Gymnasium on Saturday.
DNA: Economy suffering from double dependency
THE Bahamian economy is suffering from "double dependency syndrome" according to DNA leader Branville McCartney.
Gov’t is urged to ‘clarify’ VAT data
The Government was yesterday urged to “clarify” its Value-Added Tax (VAT) collection statistics, a leading private sector executive acknowledging the progress but warning it was too early to “heap praises on ourselves”.
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.
Shining a light so criminals cannot hide
IN AN effort to curb crime, the Royal Bahamas Police Force partnered up with Bahamas Power & Light to improve the source of light throughout communities in New Providence.
Port's $15.2m Gladstone terminal open in '30 days'
THE Gladstone Road freight terminal is expected to be operational within the next 30 days, Arawak Port Development Company's chief executive said yesterday, adding that freight tariffs would have been 50 per cent higher if shipping facilities had been moved to the Clifton Pier port.
Abaco lounge fined $30k for breach
THE co-owners of an Abaco lounge were ticketed $30,500 for breaching COVID-19 Emergency Powers Orders by having nearly 100 people crammed into a space only meant to hold 24.
Godfrey Rolle helps the Bearcats win home opener
GODFREY Rolle got the first start of his senior season with the Southwest Baptist University Bearcats and helped the team to win its home opener. Rolle finished with 15 points, shot 6-9 from the field, including 3-4 from three-point range of a 95-70
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”.
Liquidators pledge recognition of $83m Alliance investments
One group of liquidators for an alleged multinational Ponzi fraud yesterday denied claims they would not recognise investors who placed $217 million into it via a Bahamian broker/dealer.
Expo to shine light on diabetes in children
CHILDREN will be the focus of the upcoming ACE Diabetes Health & Wellness expo, which will aim to educate both kids and adults on prevention and management of diabetes.
Major crime on the way down, says AC Seymour
MAJOR crime categories continue to trend downward, according to Acting Commissioner of Police Emrick Seymour.
