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Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
More than 60 boats expected in 5th Best of the Best Regatta
WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.
CAT ISLAND REGATTA TO HONOUR ‘ZEKE’
CAT Island Sailing Club Association is celebrating its 61st annual regatta this year, August 4-7 in New Bight.
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.
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
$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL
By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Bad loans and credit decline threaten growth
Difficulties in one bank’s commercial loan portfolio seemingly sparked a $38.7 million deterioration in the sector’s ‘bad credit’ position during April, another month in which the Bahamian economy was “relatively subdued”.
Water Corp's service losses 30x those of proper-run utility
NON-REVENUE water losses in New Providence account for 56 per cent of the Water and Sewerage Corporation’s supply, its general manager said yesterday, adding that system leaks were about three-four times’ the international average for a properly-run water utility.
Coaches hold inaugural Throwers All-Comers Meet at COB
WITH no local track and field meet being held at the Thomas A Robinson Track and Field Stadium over the weekend, a group of coaches took advantage of the break to hold the inaugural Throwers All-Comers Meet at the College of the Bahamas on Saturday.
Franco's game-high 30 helps Lions to 111-88 win over Beast Basketball
FRANCO Miller continues to bolster his recruiting stock in his lone season of prep basketball with the Crestwood Prep Academy Lions.Miller opened up session two of the The National Preparatory Association’s Prep League yesterday with a game-high 30 p
NCAA: Michael Carey Jr signs national letter of intent to join Wagner University Seahawks programme in fall
IT HAS been a long, winding road toward his opportunity to make his break into NCAA Division I basketball, but that dream recently came to fruition for one Bahamian player. Michael Carey Jr signed his national letter of intent last week to join the Wagner University Seahawks programme for the Fall 2015 semester.
76 complaints made to Bar Association's Ethics Committee in 2017
THE BAHAMAS Bar Association's Ethics Committee received close to 80 complaints in 2017, it's president said Friday, with just 12 per cent of that total currently settled and/or closed.
Inactive account owners face 60% reclaim time cut
The Central Bank is proposing to slash by 60 per cent the time allowed for owners of some $86 million in inactive accounts to claim their funds, as it moves “more in line” with global standards.
'Bahamas not ready for a white PM'
FORMER Cabinet minister Brent Symonette yesterday suggested the country was not ready for a white prime minister as he reiterated his call for a national discussion on race and wealth in politics.
Giants a series win away from 3-peat
By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net The Commonwealth Bank Giants are now just one series win away from three-peating as the New Providence Basketball Association (NPBA) champions. At DW Davis gym Monday night, the Giants retur
Mingoes clinch 87-84 win over Shockers
FOUR University of the Bahamas basketball players hit double figures as the Mingoes came back hard in the second half to defeat the JD’s Seafood Shockers 87-84 at the AF Adderley Gym on Wednesday night and now lead the division one standings in the New Providence Basketball Association.
Jonquel Jones named Eastern Conference Player of the Week
New York Liberty on four-game win streak
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones was named Eastern Conference Player of the Week while the New York Liberty enjoys a four-game win streak.
$100m Cable offer oversubscribed on its launch day
Cable Bahamas’s $100 million preference share issue was oversubscribed on its first day, but Bahamian institutional investors were yesterday urged to continue buying in as the company will “take what it can get”.
Contractor chief: ‘I cut 80% of staff to survive’
The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.
