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FTX Bahamian liquidators eye US legal ‘run rate’ fall

FTX’s Bahamian liquidators are hoping the legal fees “run rate” drops sharply due to the settlement with their US counterpart after incurring an estimated $56m total bill during their first 15 months of work.

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African bank eyes $700m investment in Caribbean

The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.

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Will GB rise to the occasion?

As A Digital Transformation Consultant of Bahamian descent residing overseas, with a keen aspiration to witness the flourishing of my homeland, allow me to commence with the first of several letters. These missives will centre on individuals addressing the promising resurgence of the Bahamian Economy, highlighting the pivotal role of Grand Bahama in this revitalization.

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YES Giants national basketball champions

CONGO TOWN, South Andros - It was quite a phenomenal week for the Your Essential Store (YES) Giants as they repeated as the division two champions of the Bahamas Basketball Federation (BBF) National Round Robin Tournament in South Andros just a few days after successfully defending their division two title in the New Providence Basketball Association (NPBA).

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Former FTX chief Sam Bankman-Fried jailed for 25 years

Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

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AJ Storr declares for the NBA Draft

Less than a week removed from an early National Collegiate Athletic Association (NCAA) D1 basketball tournament exit, Wisconsin Badgers guard AJ Storr now has his sights set on the 2024 NBA Draft.

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Code of conduct signed for taxi and public service drivers

TAXI operators and public service drivers will now be governed by an official Code of Conduct following a signing between the Minister of Energy and Transport JoBeth Coleby-Davis and Bahamas Taxi Cab Union (BTCU) President Wesley Ferguson on Friday.

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Major US agencies collaborating with BACSWN to bring PM's legacy to reality

IN an exclusive interview with The Tribune, Bahamas Aviation, Climate & Severe Weather Network’s President & CEO, Lyrone Burrows, with renowned US Aviation, Climate & Severe Weather Scientist, Professor Roelof Bruintjes, PhD, provided insight into how US National Centre for Atmospheric Research (NCAR), National Oceanic & Atmospheric Administration (NOAA); Aviation Weather Centre and Johns Hopkins plan to help bring Prime Minister Philip Davis’ aviation, carbon credits and health legacy to fruition.

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Discount Distributors Rockets one win away from NPBA title

GAME four of the New Providence Basketball Association (NPBA) Division I Finals will be a crucial one for both the Commonwealth Bank Giants and Discount Distributors Rockets.

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Deltec’s big damage from FTX investor ‘Gatling gun’

A BAHAMIAN bank and its chairman have blasted aggrieved FTX investors for employing “a Gatling gun approach” that has inflicted “tremendous damage” on their financial services reputation.

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Adapt to tourist profile so we ‘blow past’ 2019

Family Island hotels must adapt to a visitor demographic profile that has been flipped upside down over the past decade if they want to “blow past” pre-COVID numbers, a top tourism official is warning.

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Bahamians conflict on broker’s US client pull

Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.