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Bridging digital divide in world's new reality

In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor

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.

BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

Bahamian pro ball players standout in Europe, Middle East

BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.

Nesbitt and team claim title in Brazil's pro league

NATIONAL team member David Nesbitt claimed his second consecutive Novo Basquete Brasil (NBB) championship in as many years.

Bahamas broker 'pliant' in claimed investment fraud

The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.

Men’s national basketball team members open seasons

SEVERAL senior men’s national basketball team members recently opened their respective seasons across various professional leagues in Europe and South America.

BISX-listed firm's CEO faces 'grilling' over alleged fraud

The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.

Collapsed entity’s $5m holding in BISX firm

Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.

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.

Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

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.

Benchmark denies 'material impact' via client's liquidation

BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.

Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

Karl McCartney and Stampeders lead the west in the CFL

NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.

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.

PwC wins battle over liquidation of alleged fraud

A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.

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