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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

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Bahamas’ FIBA 2022 AmeriCup qualification bid comes to an end

TEAM Bahamas experienced another fourth quarter collapse against Puerto Rico and saw their FIBA 2022 AmeriCup qualification bid come to an end.

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Electric vehicle 'playing field' uneven through 80% tariff

A BAHAMIAN importer/distributor yesterday urged the new government to use its upcoming Budget to create a 'level playing field' for electrical scooters, telling Tribune Business the existing 80 per cent import tariff made the product "uncompetitive".

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80 Bahamians buy into crypto start-up

BAHAMIANS are “eager” to explore cryptocurrency opportunities, a local businessman says, suggesting this was highlighted by 80 locals purchasing tokens from a cryptocurrency start-up’s Australian offering last week.Wayne Johnson, who with Parrish Sim

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Coleby and Hilltoppers secure berth in the NIT semi-finals

Dwight Coleby came up with two big defensive plays down the stretch to help the Western Kentucky University Hilltoppers prevail with a 92-84 win over the Oklahoma State Cowboys.

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FIBA Centrobasket: Team Bahamas in win column

After improving in each of their first three games played, the Bahamas junior boys’ team finally got in the win column at the FIBA Under-15 Centrobasket Championships.

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Knowles and Holies earn 21st bowl appearance in V-Tech history

A CAREER year for Bahamian wide receiver Demitri Knowles saw him and his Virginia Tech Hokies earn the 21st bowl appearance in school history.

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Exuma developer hits ‘warp speed’

A major Exuma project yesterday said it is hitting “warp speed” with its development plans, amid talks likely to result in it handing 150 acres to the Government for Georgetown’s redevelopment.

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High Flyers, Mingoes in tonight’s double header

IN the New Providence Basketball Association (NPBA) tonight, the Breezes High Flyers are scheduled to play Elite Basketball Club in the men’s division II opener at the Kendal Isaacs Gymnasium.

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‘Great’ if quarterly VAT filers achieve 80-90% compliance

A top Ministry of Finance official believes the compliance rate for quarterly Value-Added Tax (VAT) filers will “not be as high” as that for larger companies, suggesting an 80-90 per cent level would be “great”.

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HUBERT EDWARDS: The low growth, high debt trap

In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.

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FIBA: Team Bahamas falls to Panama 88-66

THE Bahamas men’s national basketball team wrapped up its final two games in the FIBA Americas World Cup Qualifier with another loss. The team, coached by Moses Johnson, John Nutt and James ‘Jimmy’ Clarke, suffered a 88-66 decision against Panama yesterday. The loss came after the Bahamas was handed a 117- 70 rout against Venezuela on Thursday in Caracas.

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Sports notes

BASKETBALL

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Business Licences: 99% were approved ‘in time’

The Ministry of Finance’s top official yesterday said 99 percent of Business Licence renewal applications were approved “in time” with those outstanding needing to “clarify” questions surrounding their reported turnover.

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Gov’t critic praises ‘impressive’ Budget

A well-known Government critic has praised the Christie administration for so far living up to its Value-Added Tax (VAT) promises, and starting the process to “move the Bahamas away from the fiscal cliff”.

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CIBC: Bahamas stands tall versus rest of Caribbean

The Government’s fiscal reform efforts have been praised by CIBC FirstCaribbean’s Canadian parent, which believes the Bahamas’ sovereign rating “measures up pretty well against” over Caribbean nations.

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Taxi union chief laments 80% Christmas decline

The taxi union's president yesterday lamented an 80 percent decline in Christmas business for his members compared to prior years with the festive season a "far cry" from pre-COVID earnings.

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NCAA basketball: McCoy gets top honour, Bastian sets career high

MALACHI McCoy received a weekly honour as the top player in his conference and Lathaniel Bastian scored a new career high to highlight play from Bahamian student athletes in NCAA Division II basketball.