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BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

Electric vehicle 'playing field' uneven through 80% tariff

A BAHAMIAN importer/distributor yesterday urged the new government to use its upcoming Budget to create a 'level playing field' for electrical scooters, telling Tribune Business the existing 80 per cent import tariff made the product "uncompetitive".

Undefeated Cybots beat Crimestoppers

WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.

'I've never seen it like this before'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

Unchecked spending boosted Govt deficit by 3.5% pts of GDP

Unchecked spending by the Christie administration added a sum equivalent to 3.5 per cent of GDP to the 2016-2017 deficit, Moody’s estimated yesterday, warning that Bahamian fiscal policy credibility has been undermined.

Dean, Greene go head-to-head in Canada high school preseason

A PAIR of Bahamian prep basketball prospects went head-to-head with their respective programmes in Canadian high school preseason play. Romad Dean (Crestwood Prep) and Paul Greene (J Addison Prep) are both in their first year with their respective p

Christian Council denounces Carnival: 'Immodest costumes will lead to sins of the flesh'

THE government’s inaugural Bahamas Junkanoo Carnival has drawn more controversy, with the Bahamas Christian Council denouncing the “immodest” costumes for the planned event, saying the scant attire could lead to “fornication, promiscuity, rape incest” and other “sins of the flesh.”

80 Bahamians buy into crypto start-up

BAHAMIANS are “eager” to explore cryptocurrency opportunities, a local businessman says, suggesting this was highlighted by 80 locals purchasing tokens from a cryptocurrency start-up’s Australian offering last week.Wayne Johnson, who with Parrish Sim

Rolle earns 3rd opportunity to represent Bahamas in the Pure Silk LPGA Classic

FOR the fourth year, professional golf teacher Georgette Rolle will get a chance to carry the Bahamian flag in the Pure Silk Bahamas Ladies Professional Golf Association Classic.

Rejected web shop: ‘Only in Bahamas does this happen’

The only web shop operator denied a license again attacked this decision yesterday, telling Tribune Business: “Only in the Bahamas this nonsense could happen”.

Jones and Liberty lose WNBA Finals opener

Grand Bahama native Jonquel Jones and the New York Liberty were handed a 17-point blowout loss in the Women’s National Basketball Association (WNBA) Finals opener.

Career high for Cornish as Seawolves snap up win

A career night from Jaron Cornish powered the Stony Brook Seawolves to its eighth win in conference play, highlighting the weekend for Bahamian student-athletes in NCAA Division I basketball.

Deandre Ayton and Suns roll past Grizzlies 122-99

PHOENIX (AP) — Devin Booker scored 27 points, Chris Paul added 18 and the Phoenix Suns rolled to a 122-99 victory over the Memphis Grizzlies on Monday night.

‘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.

Ayton posts fourth straight double double

PHOENIX (AP) — Bryn Forbes lived a shooter’s dream during the first half on Monday night, making seven 3-pointers as the San Antonio Spurs built a big early lead.

Open letter to Prime Minister Perry Christie

Dear Prime Minister, The Scriptures remind us, "Whatever you do to the least of my brothers, that you do unto me." I appeal to you to reinstate the 80 terminated officers of the Urban Renewal Programme.

Chamber endorses CEO over 10-year securities barring

The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc

UPDATED: Jet Blue plane lands safely after landing gear malfunction

A JetBlue plane made an emergency landing on the main runway at the Lynden Pindling International Airport on Friday due to a gear malfunction, the Department of Civil Aviation said.

A scholarship to soar

STUDENTS HAVE received scholarships to become jet pilots through partnership with Qatar Aeronautical Academy and The Bahamas Aeronautical Academy.

‘GREATEST OF ALL TIME’: SPORTS STAR AND CULTURAL ICON PELÉ DIES AT 82

SAO PAULO (AP) — Pelé will be famous for 15 centuries.

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