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Failed broker: $9.7m hangs in the balance
A successful winding-up of Owen Bethel’s Montaque Capital Partners is dependent on recovering $5.35 million owed by the insolvent Bahamian broker/dealer’s clients and affiliates, plus the fate of $4.3 million being claimed by a Canadian provider.
Sports in brief
MARK Knowles will come out of a brief retirement this week when he plays in the men’s doubles match with Australia’s Lleyton Hewitt in the prestigious Wimbledon Grand Slam Tournament at the All England Lawn Tennis and Croquet Club in London, England.
Major League draft shows a bright future for Bahamians
WITH the drafting of three Bahamians into the Major League baseball over the weekend, the future looks bright for the Bahamas.
Get ready for ‘Greatest Show on Earth’ at 58th annual Cat Island Regatta
GET ready for the “Greatest Show on Earth.” That’s the theme for the 58th annual Cat Island Regatta scheduled for August 1-4 in New Bight.
Bahamas in 0-2 hole after loss to US Virgin Islands
Team Bahamas finds itself in a 0-2 hole of the FIBA World Cup Qualifiers after they dropped their second consecutive game of the first home-away series. The visiting US Virgin Islands got the better of the Bahamas in the rivalry once again with thei
Buddy scores four in season opener
NEW ORLEANS (AP) — Jusuf Nurkic scored 23 points, Will Barton added 22, and the Denver Nuggets survived a dominant performance by Anthony Davis to defeat the New Orleans Pelicans 107-102 in both teams’ regular season opener last night.
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.
Nesbitt, Miller key contributors in late season playoff race
WITH their respective teams in late season playoff races, David Nesbitt and Tavario Miller con-tinue to provide key contributions for their clubs as they conclude the regular season.
Water and Sewerage Corp deficit grows to $147 million
AUDITS show that the Water and Sewerage Corporation continues to function with significant operating losses, recently accumulating a deficit of $147 million, according to the latest reports tabled in the House of Assembly yesterday.
Jones and Sun stay in WNBA playoff contention
CAREER highs have become routine for Jonquel Jones this season and she posted another such effort to lead the Connecticut Sun to a much needed win to remain in playoff contention.Jones posted a career high 29 points and 15 rebounds in her Sun’s 81-85
Jonquel just one point shy of third straight double double
SHE finished just one point shy of a third consecutive double-double but Jonquel Jones continues to be a force on the boards for the Connecticut Sun.Jones finished with 14 rebounds and nine points in the Sun’s 85-77 win over the San Antonio Stars at
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
Debt gobbles up 27% of Budget
MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.
Compass Point owner 'speaks for 85% of us'
Compass Point’s owner is speaking for “85 percent of business persons in The Bahamas”, the DNA’s ex-leader asserted yesterday, adding: “I sympathise with him big time.” Branville McCartney told Tribune Business that Leigh Rodney’s decision to go pub
Super Value chief blasts 80% share claim as 'garbage'
By NEIL HARTNELL Tribune Business Editor Super Value owner Rupert Roberts yesterday blasted claims that his impending acquisition of City Markets' remaining store locations would give him an 80 per cent market share as "garbage" and "total rubbish", tell
PORT IPO HOLDING $1,150 MAXIMUM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti
FEEDBACK FROM THE FIRM'S KING
By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f
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”.
QC Class of 1985 remember Frankie Simmons
IN memory of their deceased classmate Frankie Simmons, the class of 1985 of Queen’s College made a cheque presentation to the Freedom Farm Green Parrots to assist in their travel to the Perfect Game Tournament in Sandford, Florida.
December air arrivals hit 85% of pre-COVID levels
Air arrivals for December 2021 reached close to 85 percent of their pre-COVID levels, the Central Bank revealed yesterday, increasing almost four-fold compared to 2020 figures.