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Insolvent broker's Liquidators possess $200k for $17.5m claims
The joint liquidators for Owen Bethel’s insolvent Montaque Capital Partners currently possess just $196,238 in liquid assets to cover total creditor claims of $17.5 million, it has been revealed.
Two years, three months in prison for stealing and lying to officer
A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.
Lilith Adderley, wife of former AG, dies aged 88
LILITH Adderley, widow of former Education Minister and Attorney General Paul Adderley, died Friday morning at the age of 88.
Insurance ‘confusion’ over first VAT returns
Large insurance industry players were caught up in “confusion” over whether it was necessary for them to complete Value-Added Tax (VAT) returns for January despite their ‘exempt’ status, Tribune Business was told yesterday.
Govt 'will not rest' until Grand Lucaya solution achieved
The Government yesterday said it was seeking “the best redevelopment deal” possible for the Grand Lucayan resort and associated amenities, promising it “will not rest” until this is achieved.Senator Kwasi Thompson, minister of state for Grand Bahama,
NPBA: Giants, Stingers in win column
THE Commonwealth Bank Giants were on the right end of a blowout and the PJ Stingers withstood a late charge to score wins in the New Providence Basketball Association on Saturday night.
‘We didn’t threaten doctors’
HEALTH Minister Dr Duane Sands said yesterday he was “flabbergasted” to learn of doctors allegedly being threatened with non-contract renewal if they choose not to volunteer in the COVID-19 fight.
IDB loans $200m to aid business climate
The Inter-American Development Bank (IDB) yesterday said it has approved a $200m loan to boost the business climate through increased productivity, innovation and greater diversification. The multilateral lender said the initiative would support the
‘Comfort’ as PM pledges tax increases last resort
Businesses and Bahamians can take “comfort” from the Prime Minister’s repeated assertion that new and/or increased taxes will be “a last resort”, a governance reformer said yesterday.
Debt gobbles up 27% of Budget
MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.
Gender Violence Bill 98 percent complete
SOCIAL Services Minister Obie Wilchcombe said the Gender Violence Bill is 98 per cent complete.
‘New monster in the house’ on small business funding
The finding that 99 percent of Bahamian firms had no interest in seeking debt financing in COVID’s aftermath was yesterday branded “irrelevant” by a small business adviser, who warned: “We have a new monster in the house.”
A COMIC'S VIEW: Christie’s Baha Mar deal leaves a sour taste in the mouth
To the average Bahamian who follows major events in the country, this was a confusing week.
Realtor: Economic citizenship can lower Bahamian tax burden
A prominent realtor has renewed his call for The Bahamas to introduce economic citizenship, arguing it will create a new revenue source and lessen the tax burden on Bahamians.Mario Carey, the founder of Better Homes and Gardens Real Estate MCR Bahama
Jones expresses interest in Slam Dunk Contest
KAI Jones’ youthful exuberance was one of the highlights of Charlotte Hornets’ media day.
Breezes High Flyers win Division II title
With the stakes at their highest, Daltino Thurston stepped to the line and hit his most clutch free throw of the season to lift the Breezes High Flyers to the New Providence Basketball Association Division II title.
Bail makes NCAA debut with UCLA Bruins
While the Bahamas’ NCAA focus was on the Battle 4 Atlantis, there were Bahamian players who reached career milestones this weekend, one in scoring, while the other made his NCAA debut.
Natasha Newbold ‘was a strong-minded individual who never felt that she would fail’
NATASHA Newbold played a pivotal role in the sport of bodybuilding and powerlifting. She was a strong-minded individual who never felt that she would fail or not be able to finish a race.
Don't follow Vatican on death penalty
The Nassau Guardian argued in its October 12 editorial that Catholic change on the death penalty should be followed in The Bahamas.
LIFE LINES: Harnessing our thoughts
Why should we try to harness our thoughts, understand them or rein them in when we are frequently told to “think things through”. Certainly we need to “think things through” objectively and in a realistic way before taking certain actions which could be either physically dangerous, risky economically or emotionally hazardous. In other words, exercising some common sense in everyday situations.