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Regulator warned 127 on financial crime compliance

Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.

Regulators nip the Shockers 83-82, Athletico Bahamas gets 96-73 win over Elite Basketball

ATHLETICO Bahamas and Mr Ship It Regulators pulled off victories in the New Providence Basketball Association at the AF Adderley Gymnasium on Wednesday night.

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Give Bahamians ‘direct’ carbon manager equity

Opposition MPs yesterday urged that “ordinary Bahamians” be given an opportunity to directly own shares in the company being created to manage this nation’s multi-million dollar carbon credits and their trading.

Family prepare to sue over cremation of mother’s body

THE family of the late Lillian Theresa Gilbert has retained a lawyer to get answers from officials at the Rand Memorial Hospital as to how their mother’s body was released and mistakenly cremated at a local funeral home in Freeport. 

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Virus claims another 79 cases plus extra death

THE Ministry of Health confirmed 79 more COVID-19 cases yesterday and another related death.

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Two men flee as officers seize drugs

BAHAMIAN and US law enforcement officers seized over $1 million worth of suspected marijuana during a high speed boat chase in East Grand Bahama, but the two suspects were able to escape after running the vessel aground in shallow waters.This is the

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Sports notes

ROADRUNNERS Track & Field Club is scheduled to host its 7th Annual Diana Lynn Thompson Track & Field Classic on Saturday.

FNM deputy: $20m ‘down tubes’ over Junkanoo Carnival

The FNM’s deputy leader yesterday charged that almost $20 million in taxpayer monies has “gone down the tubes”, amid increasing evidence that Bahamas Junkanoo Carnival cannot be sustained without government subsidies.

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Baha Mar Hoops: Hurricanes clinch men’s title

THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.

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Bahamasair cutting its summer schedule by 20%

Bahamasair yesterday said it is planning a 20 percent cut to its summer schedule after incurring $18.5m in revenue losses and unfunded costs due to the combination of Hurricane Dorian and COVID-19.

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'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.

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Small businesses say 85% are ‘one man bands’

Some 85 percent of a new small business advocacy group’s members have been reduced to “one-man bands” by COVID-19 and its lockdowns, its first proposed president revealed yesterday.

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We can get jobless figures down to 6%, insists Minnis

PRIME Minister Dr Hubert Minnis insisted that six percent unemployment by next year is achievable, adding officials planned to do this by expanding the tourism sector alone. This expansion, however, will not feature building more hotels, Dr Minnis t

PowerSecure targeted $100m in fuel savings

Bahamas Power & Light’s (BPL) former manager targeted more than $100 million in fuel savings as key to reducing electricity rates by 50 per cent come 2020.

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.

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‘Lately, I’ve been getting too many back and forth positive and negative tests’

HE would prefer to be on the field in Miami, Florida, preparing to crack the line-up for the Miami Marlins for the upcoming 2020 Major League Baseball season on July 23.

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81 new cases of COVID-19, death toll rises to 86

EIGHTY-ONE additional cases of COVID-19 cases were confirmed Thursday while the death count has risen to 86.

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BEC Chairman joins SOS relief flight to hurricane-hit islands

LESLIE Miller, the chairman of BEC, got a first hand look at the destruction on some of the worst affected southern Family Islands which suffered a devastating direct hit from Hurricane Joaquin last weekend after he joined a relief flight on Saturday organised by the Tribune Media Group SOS - Save Our South initiative.

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‘We must reform campaign finance’

FORMER State Minister for Legal Affairs Damian Gomez said allegations about the relationship between Canadian fashion mogul Peter Nygard and the Progressive Liberal Party are “not a good thing for the country,” adding that he hopes it spurs legislative reforms like the passing of campaign finance laws.

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2,000 jobs go at Baha Mar

MORE than 2,000 Baha Mar employees have been made redundant effective today, according to a statement from the resort’s joint provisional liquidators.