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$10m Port IPO hits the road

The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the

BISX-listed firm guarantees its broker’s solvency

A BISX-listed company has been forced to guarantee its main subsidiary’s financial solvency, after it failed to meet the Securities Commission’s minimum $300,000 capital requirements.

Broker’s rescue questioned over $1.8m deficiency

The Securities Commission is questioning whether last-ditch efforts to rescue a Bahamian broker/dealer, which has admitted to misusing client monies, are “bona fide” given its $1.862 million solvency deficiency.

Pro baller Kentwan Smith signs with BCA Nokia in Finland

KENTWAN Smith received the opportunity he was waiting for all offseason long as he signed with a new club in a new country to continue his pro basketball career.

STATESIDE: The changing faces of today’s America

THE government has announced that preparations are well underway for the next Bahamian national census. An estimated 119,000 households are due to be surveyed over the first three months of 2022. Ho-hum?

‘Mind blowing’: Under 4,000 firms face paying VAT

Under 4,000 Bahamian companies would likely face having to pay a Value-Added Tax (VAT), a Cabinet Minister describing as “mind blowing” the fact over 85 per cent of businesses might be exempt.

Breezes High Flyers one game from championship

THE Division II defending champions are a game away from repeating as champions while the Division I series went in the opposite direction and is a game away from being all tied up.

Wilson Sporting Goods Company donates volleyballs and basketballs

THE Simpson Penn and Willie Mae Pratt Centre for Boys and Girls respectively got a much-needed boost to their athletic programme on Wednesday, thanks to a donation from Wilson Sporting Goods Company.

NPBA Playoffs, NPWBA title games called off

THE New Providence Basketball Association’s men’s division I and II playoffs at the AF Adderley Gymnasium has been postponed until further notice. The case is the same for the New Providence Women’s Basketball Association’s best-of-five championship

GB Power: $80m plant to further lower outages ‘cut in half’ during 2011

Grand Bahama Power Company’s (GBPC) $80 million West Sunrise plant has started operations with a workforce that is 92 per cent Bahamian, the monopoly power provider yesterday saying it would further improve reliability following a year in which outages were “cut in half”.

Buddy, Nemanja, Bogdan and Kings stop T-Wolves 141-130

SACRAMENTO, California (AP) — Sacramento coach Dave Joerger wants his team to use its speed to run right past opponents.

Atlantis holds another blood drive

THE Water Features department at Atlantis held another life-saving blood drive in conjunction with Princess Margaret Hospital and Doctors Hospital blood banks. Some 85 pints of blood were donated over the course of three days.

High Flyers soar to championship

The Breezes High Flyers had their best offensive output in the final game of the series to claim the New Providence Basketball Association Division II Championship.

CH Reeves Raptors are just 1.5 points ahead of AF Adderley fighting Tigers

IF the CH Reeves Raptors are to claim a ninth consecutive GSSSA Junior High Schools track and field title, they face a much tougher challenge this year from the AF Adderley Tigers who trail just 1.5 points behind atop the leaderboard.

Liquidator blasts own creditors committee

A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.

80% Parliament backing needed for spending rise

Fiscal Responsibility legislation must “make it extremely difficult” for the Government to exceed Budget spending forecasts, an outspoken businessman yesterday demanding that any increase require at least 80 per cent Parliamentary approval.

Jones and WNBA All-Stars beat US Olympic team 93-85

A BUSY WNBA All-Star night for Jonquel Jones featured an MVP calibre performance in an historic win for Team WNBA and a second place finish in the MTN DEW 3-Point Contest.

Rockets are NPBA Division 1 champions

THE Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants.

Junior Golf: Bahamas in 5th place after day 2

FOLLOWING day two of the Caribbean Amateur Junior Golf Championships, the Bahamas is currently fifth in the standings and the Under-15 girls continue to lead the team with the top performances in their respective divisions.Ashley Michel is the top pe

‘Chicken’ and Cougars earn 105-98 win over Tigers in OT

WE were patiently waiting for Danrad “Chicken” Knowles to have a breakout game this season. That game came Sunday night when he outplayed the top player in all of college basketball and led his Houston Cougars to a 105-98 win over the LSU Tigers in overtime.

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