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Oil explorer seeks approval to open to small investors
A Bahamas-based oil explorer and its advisers last Thursday submitted a formal request for regulatory approval to open their £2m mutual fund to investments by small Bahamian retail investors.Brian Jones, managing director of Leno Corporate Services,
April creditors meeting urged over major fraud
The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.
$25m initiative to reverse 85% small firm credit rejection
A $25m Inter-American Development Bank (IDB) loan is aiming to reverse an 85 percent rejection rate on small business financing applications, it was revealed yesterday.
Delroy making a name for himself with the Knights
SINCE joining the Niagara College Knights men’s basketball team, Delroy Grandison has been making a name for himself.
Madness incorporated
Why at this time of our economic development, except to assist and do what the clearing banks are supposed to do, do we want to implement a Credit Bureau? Note it was the political guro of the DNA, Johnny Rodgers who proposed this.
Jonquel Jones on a roll in postseason
New York Liberty to face Las Vegas Aces in Game 4 of WNBA Finals tonight
GRAND Bahama native Jonquel “JJ” Jones has been on a tear in the postseason which helped the New York Liberty to keep their championship window open on Sunday in an elimination game against the Las Vegas Aces.
Senate’s vice-president attends trade conference
THE Senate’s vice- president represented The Bahamas at a recent trade and economic conference in his role as the Trade Commission’s deputy chairman.
Jonquel Jones on fire
JONQUEL Jones has found her shooting stroke and the Connecticut Sun are set to make a late-season push toward the WNBA playoffs.Jones finished with a game-high 21 points, 7-13 from the field including 4-8 from three-point range in just 18 minutes of
Davis clinches Mavericks win
Bahamians across NCAA Division I basketball had mixed results over the weekend, both in their personal production and in the win/loss column for their teams.
'It's all about getting the job done'
AS THE sixth Bahamian to play in the Major League, Antoan Richardson has had an impact on the local sporting community. He joined the elite field that includes Ed Armbrister, Wilfred ‘Suggy’ Culmer, Tony Curry, Wenty Ford and Andre Rodgers.
Melia can ‘barely’ sustain operations
The Melia Nassau Beach Resort can “barely” generate enough cash flow to finance its own operations - an admission that was yesterday seized upon by Baha Mar’s contractor.
Live a Fulfilling Life: Three best ways to improve your health
Preventative medicine experts say that the single most important thing you can do to improve the nation’s health is simple – stay healthy.
Kaleel Solomon and Titans suffer 84-58 loss in NJCAA finale
KALEEL Solomon and his Eastern Florida State Titans saw their cinderalla season end just short of the National Junior College Athletic Association national title.
Lawyer: We must act now on climate change
WITH The Bahamas recognised as one of the most vulnerable countries to rising seas that could swallow up to 80 per cent of the land mass of the islands by the end of the century, a leading environmental consultant and attorney is calling for “immediate radical action” to stem the tide of climate change.
Permit roadblocks to Baha Mar’s $80m Chapter 11 financing
Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.
Dominican Republic gets 87-80 win over Bahamas
After getting blown out in the first half, the Bahamas men's national team regained their composure in the second half and cut the deficit to two before eventually losing down the stretch to the Dominican Republic 87-80 on day three of the CentroBasket Tournament in Panama.
Sandals eyes $1m in storm repairs
SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.
Sailing for science
OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.
NHI will cost you $15-$80 a month
THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.
80 to 100 voluntary job cuts offered at Water and Sewerage
THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p