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PharmaChem more than $68m insolvent

PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.

Big Red Machine just keeps rolling

The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.

Church owns 60 properties but ‘can’t pay’ $776k award

A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.

BTC slams ‘excessive’ $209,488 URCA fine

The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.

PI Straw Market relaunch to boost tourism’s authenticity

Senior Atlantis executives say the Paradise Island Straw Market’s relaunch, and creation of the accompanying Food Village, will provide tourists with more authentic experiences.

African bank eyes $700m investment in Caribbean

The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.

Nassau/PI selects new UK marketing partner

The Nassau Paradise Island Promotion Board (NPIPB) has selected a new marketing partner to represent the destination to the UK travel industry.

Charisma books her ticket to Olympics, Shaunae back on track

VERSATILE Charisma Taylor booked her ticket to the 2024 Olympic Games in Paris, France and birthday girl Shaunae Miller-Uibo proved that she’s on her way back for another appearance at the Tom Jones Memorial at the Percy Beard Track in Gainesville, Florida.

CB Giants tie series, YES Giants go up 2-0 in NPBA Championship

THE New Providence Basketball Association (NPBA) division one and two championships are in full swing and action is already starting to heat up.

New Era Gym Rats win GBABA title

THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.

PM: Bahamas must avoid ‘pitfalls of past’ over FATF

The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.

Bahamian group teams for growth in agriculture

A regional agriculture body has teamed with the Agricultural Development Organisation (ADO) of The Bahamas to promote the industry’s sustainable development in this nation.

Gov’t ‘100% locked in’ to growing agriculture

The Prime Minister says agriculture holds “vast untapped potential” with The Bahamas’ annual $1bn food import presenting “million dollar opportunities” for local farmers to exploit.

BAMSI crops badly hit by Andros fire

THE Bahamas Agriculture and Marine Science Institute (BAMSI) said 75 per cent of its mangoes, 40 per cent of livestock pastures and 30 bee hives were destroyed when a fire ripped through forests this month.

PM on public disclosures: 'I made my deadline'

PRIME Minister Philip “Brave” Davis was tightlipped today over whether members of the governing party filed their public disclosures on or before the March 1 deadline as mandated under the Public Disclosure Act.

Andros fire rages on

FIRE services continued to manage the massive Andros forest fire after additional fire fighters from New Providence arrived on the island to assist.

Bahamas' financial services sector 'world class' ahead of FATF assessment

PRIME Minister Philip Davis trumpeted The Bahamas’ “world-class” financial services sector as the country prepares for another mutual evaluation assessment by the Financial Action Task Force (FATF) “on the horizon”.

Man sentenced to four months for marijuana possession

A MAN was sentenced to four months in prison on Friday after he admitted to the possession of 33 grams of marijuana last week.

COP: murders up 27 percent over last year

POLICE Commissioner Clayton Fernander provided statistics yesterday showing murders are up 27 percent, while armed robberies have declined by 43 percent.

Football great, actor, and accused murderer OJ Simpson dead at 76

OJ SIMPSON, who has died aged 76, was a football star who went on to become an actor – but who was then the centre of the “trial of the century” for the murder of his wife and her friend in 1994.

The Tribune

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