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D’Aguilar: Govt 'living in a dream world' over Bahamian contractor payout

THe Government is “living in a dream world” if it believes that Bahamian contractors will be paid the $74m owed collectively for work carried out on the $3.5 billion Baha Mar development, a former Baha Mar director said yesterday, asserting that “no buyer” except the original developer is interested in seeing them paid.

Expatriates 'no more than10%' of GB industrial staff

EXPATRIATE workers account for no more than 10 per cent of the Freeport industrial sector’s workforce, one executive said yesterday, telling Tribune Business that the real challenge was finding employees with the required skills at entry level.

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.

$73m ‘zero carbon’ project targets 36k annual visitors

A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.

Insolvent broker chief asked to return $3.5m

An insolvent Bahamian broker/dealer’s principal will be told to return $3.5 million to its liquidators by “formally dissolving” 10 entities he controls, Tribune Business can reveal.

CR Walker Knights, Tigers take early lead after day 1

THE 25th Annual GSSSA Track and Field Championships got underway yesterday in a return to the format with both junior schools and senior schools competing simultaneously.

Suspect accused of helping woman evade arrest denied bid for bail

A MAN was remanded to prison yesterday after he was arraigned on allegations that he helped a woman evade arrest in her alleged role in a murder plot.

Super Value chief blasts 80% share claim as 'garbage'

By NEIL HARTNELL Tribune Business Editor Super Value owner Rupert Roberts yesterday blasted claims that his impending acquisition of City Markets' remaining store locations would give him an 80 per cent market share as "garbage" and "total rubbish", tell

Temple Fellowship takes 19-and-under title

WHILE Temple Fellowship turned the tables on Macedonia to win the 19-and-under title, Golden Gates pulled a double whammy on St Paul's for the co-ed and men's titles on championship day Saturday. The games brought the curtain down on their 2011 Bishop Nei

'Risk' broker may not return investor funds

There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.

Stingers and Giants remain undefeated in the NPBA

BOTH the PJ Stingers and the Commonwealth Bank Giants remained undefeated in the New Providence Basketball Association after pulling off the double header victories on Saturday night.At the AF Adderley Gymnasium in the men’s division one play, the St

Isnord looks forward to pivotal senior season

WILKENSON Isnord continues to increase his collegiate basketball recruitment stock headed into his pivotal high school senior season.Isnord continues to field NCAA Division I offers, the latest of which came over the weekend from the University of Bu

Pro basketball players take spotlight in France

RADSHAD Davis had another season high, Willis Mackey Jr and Aaron Levarity finally took the court together, and Dominick Bridgewater continues his production to highlight performances from Bahamian players in various pro basketball leagues throughout France.

Police chief concern over bail decisions

POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.

Burrows and Tigers to face No. 5 Queen’s Gaels in the quarterfinals

SHAMAR Burrows and the Dalhousie Tigers learned their possible path toward a championship in the upcoming U Sports Men’s Final 8.

Plaudits just keep coming for Daunte Stuart

DAUNTE Stuart received conference wide recognition for his standout 2021 regular season.

WNBA finals: Jones and Sun even series 1-1

THE Connecticut Sun produced the better defensive effort they were looking for in game two and evened the best of five series in their chase for the 2019 WNBA title.

Gov’t to phase-out VAT bi-annual filing

The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.

Bahamas slams Cayman 105-36

BACK in the win column on day three, the Bahamas sealed a spot in the semifinals of the Centrobasket U15 Championships for Men.

Saved by the net

By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3

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