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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.
UN speaker at Hilton event
ROTARY International’s chief representative at the United Nations in New York will be the guest speaker at an event at the British Colonial Hilton on February 21 under the patronage of Governor General Sir Arthur Foulkes.
Resort aims to bridge 36% T&C rates gap
An Exuma-based resort yesterday said it is striving for “five-star rock star” performance to match high-end Turks & Caicos rivals and bridge a 36 percent room rate gap.
Giants, High Flyers take title
THE New Providence Basketball Association concluded its 2017-18 season with champions crowned in both divisions over the weekend.
BBF boss Bowleg praises FIBA U-17 coaching staff
MARIO Bowleg, president of the Bahamas Basketball Federation, feels that he selected the right coach to lead the boys’ national basketball team at the FIBA Centrobasket Under-17 Championships in San Juan, Puerto Rico.
Cybots to face Crimestoppers in BGDBA best-of-5 championships
THE Bahamas Government Departmental Basketball Association’s best-of-five championships is all set. It is scheduled to begin 8pm Wednesday at AF Adderley Gymnasium and will be played between the Bamboo Shack Cybots and the Police Crimestoppers.Last n
GB Power invests $8min solar battery storage
GRAND Bahama Power Company is investing $8 million in constructing a battery storage facility before year-end, as it moves to introduce utility-scale solar and other renewable energies.The utility monopoly, in response to Tribune Business’s questions
Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
NPBA: Giants rout Rebels 99-56, Eagles Nest nip the Pirates 88-87
THE Commonwealth Bank Giants continued their winning streak as they highlighted the New Providence Basketball Association’s doubleheader at the AF Adderley Gymnasium on Monday night. In the feature game, the Giants routed the Patmor Rebels 99-56 to
When will we get vaccine?
AS the United Kingdom became the world’s first country to authorise use of a COVID-19 vaccine, Minister of Health Renward Wells said the government is still determining which brand it will secure.
Deceased activist Parisien named in fraud investigation
COURT documents detailing a two-year FBI sting operation into US visa fraud in Nassau name deceased activist Pierre Parisien as being involved in the scheme.
$1m refurbishment plan for Solomon's Lucaya Property
AML Foods Limited announced a $1million renovation of its flagship Solomon's store in Freeport, Grand Bahama on Friday. More than 95% of the work on the Solomon’s Lucaya project, which is expected to be completed by mid-June, will be carried out by local contractors and artisans. The company also stated that most of the materials being used for the renovations will be sourced and purchased locally on island.
Fredrick King and Bluejays sweep Summer of Thunder
Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
Bahamians sceptical on VAT revenue use
Many Bahamians are sceptical the Government will keep its promise to use Value-Added Tax (VAT) revenue to reduce the country’s deficit and $6 billion-plus national debt, according to a study conducted by College of The Bahamas (COB) students.
Cable Bahamas 'absolutely' targeting cellular markets'
CABLE Bahamas is "absolutely" still interested in breaking into the cellular market once the Bahamas Telecommunications Company's (BTC) monopoly ends in 2014-2015, given that it aims to be this nation's communications provider of choice.
Food distributed in Grand Bahama
THE Grand Bahama Disaster Relief Foundation together with valued partners Sigma Chapter of Sigma Gamma Rho Sorority and Omega Psi Phi Fraternity have provided healthy food supplies to disadvantaged families across the island of Grand Bahama.
Baha Mar eyes $12bn payroll
REAFFIRMING its commitment to a majority Bahamian workforce, a senior Baha Mar executive yesterday the $2.6 billion resort development would position the Bahamas for economic growth and activity over the next 20 years.
