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BISX's share index doubles growth rate
The Bahamas International Securities Exchange’s (BISX) All-Share Index more than-doubled its growth rate last year compared to 2018, it was confirmed yesterday.The Index, which only measures share price movements among BISX-listed equity stocks and e
Haitian man on underage sex charge
A HAITIAN man was remanded to prison yesterday over allegations he had sex with underage girls. Leslie Petit-Frere appeared before Magistrate Andrew Forbes charged with three counts of unlawful sexual intercourse. It is alleged that Petit-Frere rap
Communications sector rebounds from 5-year low
The Bahamian electronic communications industry recovered from a five-year low in 2018 to grow its total revenues by three percent to $390m in 2019, sector regulators have revealed. The Utilities Regulation and Competition Authority (URCA), in its 2
Labour Day victims are remembered
A wreath-laying ceremony was held Friday in memory of the four victims of the 2018 Labour Day tragedy. Tabitha Haye, Tami Gibson, Dianne Ferguson and Kathleen Fernander, who lost their lives tragically on June 1, 2018 during the Sir Randol Fawkes La
Satellites shine light on Dorian's damage
Grand Bahama’s share of total Bahamian economic output dropped by 4.5 percentage points in the six years to 2018 based on the the strength of “night lights” seen from space, a study has revealed. A newly-released Inter-American Development Bank (IDB
Man accused of taxi driver killing
A MAN who evaded arrest for two years by fleeing to the United States was arraigned in a Magistrate’s Court yesterday charged with the murder of a taxi driver in 2018.
Six put on probation after they admit part in cheque fraud case
ONE man and five women were placed on 12 months’ probation and ordered to compensate a marketing agency they defrauded two years ago, after they pleaded guilty to a string of fraud-related charges in the Magistrate’s Court yesterday. The defendants
Colina 'well placed' against COVID-19
A BISX-listed insurer believes it is well-positioned “to withstand the uncertainties” associated with the COVID-19 pandemic after profits earned by equity shareholders rose 43 percent last year. Colina Holdings Bahamas, the life and health insurance
MP's firm misses chance to overturn its eviction
FOX Hill MP Shonel Ferguson’s investment company has squandered a chance at having the Privy Council overturn its eviction from a building it never paid real property taxes on since assuming responsibility for it some 13 years ago.
Two men put on probation after confessing to fraud
TWO men were yesterday placed on probation and ordered to repay a marketing agency which they defrauded nearly two years ago. Tristian Rolle, 33, and Travado Taylor, 35, appeared before Magistrate Andrew Forbes, charged with possession of forged doc
Resident renews attempt to build new cemetery
A LOCAL resident is reviving an effort to build a new cemetery off Bernard Road. The Town Planning Committee in 2018 rejected James Bain’s application to build the cemetery on 13 acres of vacant land he owns near the Budget convenience store, which
Insurer issues profits warning over COVID-19
Colina Holdings (Bahamas) has become the first BISX-listed company to issue a 2020 profits warning due to the COVID-19 pandemic’s impact. The parent of Colina Insurance Company, the life and health underwriter, told shareholders in footnotes to its
Man accused of fraud over passport and certificates
A SIERRA Leone man was charged in Magistrate’s Court with 18 fraud-related counts including uttering forged documents, fraud by false pretense, and possession of false documents. Seth Christopher William Beoku-Betts, 44, appeared before Magistrate A
Officers on false sick note charge
TWO correctional officers who were accused of using forged sick certificates to get time off from work in 2018 and 2019 will appear before the chief magistrate today for sentencing.
Police deny McAfee gun allegations
POLICE officials have denied allegations made by Bitcoin millionaire John McAfee, who claimed he had bribed a Bahamian officer with $1,000 to secure his weapons back in 2018. In a series of tweets over the weekend, Mr McAfee alleged he attempted to
Court audit uncovered payments changes
AN Auditor General’s report into the Magistrate’s Court has exposed instances of cashiers allegedly altering payment receipts and nearly two dozen missing cheques.
Defendant thanks jury after he's found not guilty of murder
CARLOS Brown is now a free man after a Supreme Court jury yesterday found him not guilty of murdering Renaldo Bullard in 2018. Mr Brown was accused of shooting and killing the man, before burying his body in a shallow grave on a piece of property hi
Two men remanded on unlawful sex charges
TWO men were remanded to prison yesterday over allegations they each had sex with a teenaged girl.
Police arrest suspect over home rape claim
POLICE in New Providence have arrested a man suspected of raping a woman in her home on Monday.
Oliver loses the first international bout of his career
TYRONE Oliver suffered a loss in the first international bout of his young professional boxing career.
