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Broker submits eight defences to S.E.C. claims

A former Bahamian broker/dealer and its principal have submitted eight defenses to allegations by US regulators that they participated in an “illegal unregistered offering and sale” of securities that netted $11.4 million for clients.

Bahamas Waste beats Q1 profit goals by 24%

Bahamas Waste has returned to historical first quarter profit levels after its net income more-than-tripled year-over-year, a result that exceeded its own expectations by 24 per cent.

Web shop economic impact

It is very interesting that few, if any, of those persons who complain about the depressed state of the Bahamas economy, consider the impact that the web shops have, and continue to have, in this regard.

Poor motorbike show

On Sunday, December 20, my family and I attended the 242 All Star Peace and Love Motorbike Showcase and Stunt Competition. Sad to say that the reputation for event organisation in this country has yet another black mark against it.

Gov’t receives 40-50 self-energy responses

The Government has received between 40-50 registration applications to-date for its residential energy self-generation (RESG) programme, a Cabinet minister noting that the Family Island response had been tepid.

Consultant selected to develop plane registry

THE Government has selected an aviation consulting firm that will develop the framework for a Bahamian aircraft registry, a Cabinet minister said yesterday.

Bahamas IC team to face US for SG Trophy

WITH their fourth consecutive victory coming over the International Team, the Bahamas IC team is all set to meet the US today to decide the winner of The SG Trophy at the Breezes SuperClub tennis courts.

Association maintenance fees declared VAT-able

The Ministry of Finance yesterday confirmed that maintenance fees for condominium and homeowners’ associations will be subject to Value-Added Tax (VAT) if annual billings exceed the mandatory $100,000 registration threshold, although there is “no upside revenue potential” for the Government.

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POLICE NET $3M IN DRUG SEIZURES

  DRUGS Enforcement Unit (DEU) officers discovered more than $1m worth of marijuana on Thursday afternoon in Exuma, hours after they seized $2m worth of marijuana on a boat in waters off New Providence.

A foolish plan

I invite the Department of Labour to identify any country that has enacted such asinine legislation as floated in your publication under the above captioned headline.

UB Mingoes’ Ronaldo scores two goals on opening day

UNIVERSITY of the Bahamas Mingoes striker Ronaldo Green scored two goals over two matches on opening day of the Bahamas Football Association’s season over the weekend.

CITCO set to maintain Bahamas fund licence

CITCO Funds Services yesterday effectively confirmed that redundancies will occur at its Bahamas operations, although it pledged to maintain its fund administration license in this jurisdiction.

Full evaluation of bahamasair needed - Davis

A FULL critical evaluation of Bahamasair is necessary to make the airline more efficient and cost-effective, Minister of Works and Urban Development Philip “Brave” Davis said.

Mexico beats Brazil 2-0 in qualifying warm-up

ARLINGTON, Texas (AP) -- Giovani Dos Santos and Javier "Chicharito" Hernandez both scored in the first half as Mexico beat Brazil 2-0 on Sunday in a final warm-up for the Mexicans before World Cup qualifying. It was the second straight game in which Mexico

Bahamian realtor at top industry summit

BAHAMAS Realty's chief executive has attended an Orlando summit featuring some of the world's top real estate firms and professionals.

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Rotary golf event moved due to election

A ROTARY club has rescheduled its fundraising golf tournament because of the General Election on May 7.

Grief-stricken Djokovic into Monte Carlo quarterfinals

MONACO (AP) -- Novak Djokovic played just hours after learning about the death of his grandfather and defeated Alexandr Dolgopolov 2-6, 6-1, 6-4 yesterday to reach the Monte Carlo Masters quarterfinals. Seven-time defending champion Rafael Nadal followed D

Electricity cut off at City Markets

Electricity cut off at City Markets CITY Market stores across New Providence had their electricity cut off yesterday for delinquent accounts, The Tribune can confirm. It was unclear how many stores were cut off, but BEC Chairman Michael Moss last night c

BGF's Great Exuma Classiccontinues to grow each year

THE Bahamas Golf Federation’s Great Exuma Classic was played on Saturday, June 17 at the famous Sandals Emerald Bay Golf course in Exuma and included a contingent of senior and junior golfers from Nassau and Freeport along with a few Exumians.The tou

Tourism pitches to US businesswomen

THE Ministry of Tourism has sold the Bahamas’ benefits to more than 1,200 influential businesswomen from across the US.Already a corporate sponsor of the Black Enterprise Women of Power Summit (BEWOP), the Ministry took centre stage at the final lunc