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Tobacco start-up targets up to $10m first year sales
A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.
Tribune trio win press club awards
The Bahamas’ leading journalists gathered at the Hilton Hotel on Saturday night to celebrate this year’s winners and nominees in the Bahamas Press Club’s fifth annual media awards.Special honour on the night was made to Ed Bethel who received The Eti
100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
Browne and Mottley: Shapers of the regional future
PRIME Ministers Gaston Browne of Antigua and Barbuda and Mia Mottley of Barbados are two of the Caribbean’s young and dynamic leaders, both workaholics with clear and determined visions for the betterment of their countries. Each of them is a committed regionalist, notwithstanding insinuations to the contrary in sections of the regional media.
Awards for ‘Catch Me If You Can’ regatta winners
AFTER hosting what was considered the biggest St Valentine’s Day ‘Catch Me If You Can’ Regatta in the 28th year of its existence, it was time for Eleazor ‘the Sailing Barber’ Johnson to make the presentation to the winners.
Faith United makes debut with 14-10 victory over St Paul's
FAITH United handed the Baptist Sports Council’s defending men’s champions St Paul’s Fox Hill their third consecutive loss as the 2014 Softball Classic continued on Tuesday night.
BISX-listed firm’s affiliate in $75.5m ‘discrepancy’
There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.
'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
Fields demits office at Ocean Club HOA
Atlantis PR chief, Ed Fields, yesterday confirmed he is stepping down from his role as general manager for the Ocean Club Estates Homeowners Association (HOA), while praising the project as “the fastest growing anywhere in the Bahamas”.
Minnis right to avoid the media
Juan McCartney your March 6 National Review op-ed in The Nassau Guardian said that Prime Minister Dr Hubert Minnis “became hostile towards the media as he realised that he was subject to serious vetting”.
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
Edmund Moxey - a man of conviction
LAST month, a new generation of politicians in the House of Assembly were given a bit of advice by a veteran who has lasted a long time, obviously because — whether right or wrong – he has carefully minded his p’s and q’s.
Regulators stay alive, Shockers take 2-1 lead
The Real Deal Shockers pulled off an 80-69 win over the Mail Boat Cybots to take a 2-1 lead in their New Providence Basketball Association men’s semi-final series, while Mr Ship It Freight Regulators stayed alive in their series against the Commonwealth Bank Giants with a 114-85 blowout victory.
Sports in brief
BOWLING
PM praises Ingraham for letter to China
PRIME Minister Perry Christie yesterday praised his predecessor Hubert Ingraham for the efforts he has made to help spur a quick resolution to the disputes that stalled the $3.5bn Baha Mar project.
Commission forces Benchmark into broker 'guarantee'
BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.
'Severely hampered' over legal action against Alliance
Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.
St John's and St Paul's advance
ST John’s and St Paul’s have advanced to the Baptist Sports Council’s 2013 Coca-Cola Softball Classic’s best-of-three championship series that is scheduled to be played in the Banker’s Field at the Baillou Hills Sporting Complex on Saturday.
