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Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

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Sports in brief

THE New Providence Basketball Association resumed its regular season play at the CI Gibson Gym over the weekend after taking a break for the Christmas holiday.

Top pro basketball players begin seasons on high note

SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.

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Buddy cans 23, Kings top Heat

MIAMI (AP) — Sacramento’s offensive approach was not exactly elaborate: Run, run, run and keep running.Once the Kings got rolling, Miami had no answers.Willie Cauley-Stein scored 26 points and grabbed 13 rebounds, Buddy Hield added 23 points and the

Bahamasair in schedule slash to contain losses

A Cabinet minister yesterday said Bahamasair is examining how to combine flights and slash schedules to contain losses that will inevitably “go up” amid the coronavirus pandemic. Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Bus

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Bahamas suffers ‘a heartbreaking loss’

Before a jammed-packed Kendal Isaacs Gymnasium last night, the Bahamas men’s national basketball team dropped a heartbreaking 86-81 loss to Venezuela in the first game of their fourth window of the FIBA Americas World Cup Qualifier.

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DIANE PHILLIPS: How many could have survived Dorian if they’d known how to swim?

The enormous economic toll of Hurricane Dorian continues to shake The Bahamas with Finance Minister Peter Turnquest this week confirming we were borrowing hundreds of millions more to help rebuild our devastated islands.

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Armbrister to join SEC powerhouse Lady Bulldogs this fall

SHE has excelled thus far at the junior college and international level for the Bahamas. Now, high scoring wing player Shanea Armbrister is expected to be a major contributor for an SEC powerhouse programme.

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NCAA: LJ Rose to join the BYU Cougars

LJ Rose will move from one “Cougar” programme to another for the third stop of his NCAA basketball career. 

Former ZNS reporter ordered to pay $15,000 in contempt ruling

FORMER ZNS reporter Sherman Brown must pay $15,000 by noon on Friday or spend a month in prison, Justice Indra Charles ruled yesterday.

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Respects paid to ‘Dud’ Maynard

OFFICIALS yesterday remembered the life and legacy of former parliamentarian Andrew “Dud” Maynard, calling him someone who valued country over politics.

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Tributes paid in final farewell to Andrew 'Dud' Maynard

PRIME Minister Philip “Brave” Davis with other officials joined the family and friends of Andrew “Dud” Maynard in a final farewell to the former parliamentarian at his funeral on Friday.

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‘Tum Tum’ and Spartans rout Lions 78-51 in Big 10

Conference championship week continues throughout NCAA Division I basketball and several Bahamian players took part in tournaments with mixed results for their respective programmes.

FNM pledges BOB sell-off

The Free National Movement (FNM) yesterday pledged to sell-off the Government’s majority stake in Bank of The Bahamas if re-elected to office on September 16.

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Jazz Chisholm named to All-Star team

JAZZ Chisholm’s advancement to Double-A baseball has produced an All-Star nod for the highly touted prospect in the Miami Marlins organisation. The Jacksonville Jumbo Shrimp shortstop was named a member of the Southern League Postseason All-Star tea

TOP JUNIOR GOLFERS IN NATIONALS SPOTLIGHT

THE top junior golfers in the country vied for national title honours and the top spots in the Bahamas Golf Federation’s Junior Division.

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Nesbitt, Miller making immediate impact on hardwood

DAVID Nesbitt and Tavario Miller swapped clubs and leagues for the 2021-22 season and have had immediate impacts for their respective organisations.

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'We are focused on young people in developmental agendas'

WHILE the development of infrastructure dominated much of his contribution to the 2013/14 Budget debate, Minister of Youth, Sports and Culture Dr Daniel Johnson also outlined several areas of sport which will be impacted under his ministry’s portfolio.

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Four more COVID deaths

FOUR more COVID-19 deaths have been added to the nation’s tally, bringing the figure to 467.

Pests beware: Merger combines 88 years of termination knowledge

TWO pest control companies with a combined 88 years’ experience will be able to take on more “large scale projects” following their merger under the Rentokil umbrella.