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BISX-listed firm’s $5m ‘recapitalise’ after SEC settles
A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.
Burrows and Gibson post double doubles in head-to-head meeting
TWO teams headed in opposite directions - Shamar Burrows and the Dalhousie Tigers maintained their national ranking with a three-game winning streak while Qyemah Gibson and the St Mary’s Huskies lost their third game in a row.
Another banner year for sports in The Bahamas
IT HAS been another banner year for sports in the country and one of those that stood out in the foreground were the performances of our various teams that competed both locally and on the international scene.
New mobile player hits ‘record’ pace
The Bahamas’ second mobile operator yesterday boasted that it was moving at “record” pace to roll-out its network, having already built more than 90 per cent of its planned cellular towers in Grand Bahama.
Time to sign up for the Ride for Hope
RIDE For Hope, the largest charity cycle event in The Bahamas, will be staged in New Providence for the first time next month after eight years in Eleuthera, during which time the number of riders has grown to over 600.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
Court 'quashes' Commission probe into BISX firm's broker
The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.
‘Buddy’ and Bahamas ready to face Venezuela
Although they have yet to “finalise” the team, head coach Chris DeMarco said the Bahamas coaching staff will select a “solid” 12-man roster coming out of this week’s training camp to play against Venezuela at the Kendal Isaacs Gymnasium on Thursday night.
Five newly confirmed cases of COVID-19
THE number of confirmed COVID-19 cases jumped by five to 89 yesterday, health officials said.
Caves Heights sees increased activity
CAVES Heights has seen a major increase in real estate inquiries through November and into December, resulting in seven condo sales over a three-week period.
'I've never seen it like this before'
'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see
Bimini project: construction workforce only 10-30% Bahamian
The 45-60-strong construction workforce for Resorts World’s Bimini cruise terminal and jetty is expected to have just a 10-30 per cent Bahamian component, the project’s Environmental Impact Assessment (EIA) has revealed.
Ocean Club at ‘full pace’ for its re-opening
The One & Only Ocean Club invested “almost $30 million” in today’s re-opening, with the high-end resort set to hit “full pace” immediately via 85-90 per cent occupancies.
'Highly efficient' Bahamas: OECD praises 85% tax mark
The Bahamas has been praised by the Organisation for Economic Co-Operation and Development (OECD) for the “highly efficient manner” in which it deals with tax information requests, processing 85 per cent within six months of receipt.
PM: 40% of VAT money to deficit
Prime Minister Perry Christie yesterday said 40 per cent of the $1.14 billion Value-Added Tax (VAT) revenues has gone towards reducing the deficit, as he gave an accounting designed to end the “grave and nonsensical misconceptions that revenues were being squandered”.
Bahamian farm eyes 1.4m herbs in $60m joint venture
A Bahamian hydroponic producer and its US partner last night revealed they will invest $60m in developing a 71,000 square foot facility able to grow “300 times more food” than a traditional farm.
Nesbitt, Coleby, Burrows take the spotlight
IT’s playoff season for several marquee Bahamian basketball players in their respective leagues across the globe.David Nesbitt and Kadeem Coleby are in the midst of their championship series, while Juraun “Kino” Burrows will begin his playoff run thi
Sports notes
ROADRUNNERS Track & Field Club is scheduled to host its 7th Annual Diana Lynn Thompson Track & Field Classic on Saturday.
Sports Notes
THE Bahamas Softball Federation will crown its new men and women champions this weekend as the National Round Robin Tournament is held at the Baillou Hills Sporting Complex.
Become the healthiest, happiest version of yourself: Recovery after surgery and illness
While you are recovering from illness, your body is working extra hard to repair and rebuild itself.