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Bank branches shrink 30% in seven years

The number of commercial bank branches in The Bahamas has declined by almost 30 percent over the past seven years, the Central Bank’s governor revealed yesterday.

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05242016 Edition

Tuesday, May 24th.

Obit

Former Senator Clara Rose Hall-King

State Recognize Funeral Service for the late Former Senator Clara Rose Hall-King age 86 years of #1 Samana Drive, Marathon Estates will be held on Friday May 11th, 2018 at 11:00 a.m. at St. Agnes Church, Baillou Hill Road. Officiating …

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Minister: Strong turnout by staff

EDUCATION Minister Glenys Hanna Martin said more than 85 percent of teachers showed up to work on Monday “despite being urged to turn off their computers and sit it out”.

Obit

Rowena Jane Darville (nee Knowles)

Funeral Service for Rowena Jane Darville (nee Knowles), age 85 years, of Oxford Avenue, formerly of Millerton, Long Island, who died on Tuesday February 20, 2018 at her residence, will be held on Saturday March 10, 2018 at 2:00 p.m. …

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Gov't facing long haul to be 'business friendly'

THE government still has “a great deal to do” to be viewed as business-friendly, with few businesses seeing any improvement in their interaction with public sector bureaucracy.Michael Maura, pictured, the Bahamas Chamber of Commerce and Employers Con

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Footcare provider targets new investor capital raise

A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.

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Coleby set for United Arab Emirates National Basketball League

DWIGHT Coleby joined his third club of the 2021- 22 season while several other Bahamian frontcourt players had season high performances for their respective clubs.

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Burrows, Augustin-Fairell make season debuts in France

THE French Pro A League tipped off the 2018-19 season and both Bahamian players made their season debuts.Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Byers competed in Pro A for the first time while Jonathan Augustin-Fairell played his first ga

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Jones on fire

Jonquel Jones continues to show why many pundits expect her to be one of the top players in the WNBA this season as she led the Connecticut Sun to a 2-0 start.

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Gibson’s Huskies, Whylly’s Hurricanes on winning streaks

WINNING streaks for both Qyemah Gibson’s St Mary’s Huskies and Roosevelt Whylly’s Holland College Hurricanes continued in U Sports and Canadian Collegiate Athletic Association basketball respectively.

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Tourism moves to halt 85% earnings leakage

Tourism executives are hoping to “arrest” the leakage of 85 per cent of the industry’s revenues by better connecting Bahamian entrepreneurs/producers with wholesale purchasers in the sector.

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AID at 85-90% of pre-fire sales

MAJOR construction on Automotive Industrial Distributors' (AID) new Wulff Road headquarters should be completed within eight months, the company's operations manager yesterday told Tribune Business that the company's sales had recovered to 85 to 90 per cent of pre-fire levels.

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Sports notes

THE Mail Boat Cybots were the first team to advance out of the New Providence Basketball Association’s first round playoffs.

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Time to go?

The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.

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Third party politics: Changing of the guard at the Palace of Westminster

The Conservatives have new energy and impetus but are unsure how to respond to the UKIP threat while Labour’s weak, left-leaning leader is an electoral liability. As the starting gun fires on the race to next year’s General Election in Britain Peter Young forsees the end of voting on traditional two-party lines amid the political uncertainties.

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STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.

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Failed broker paid 'excessive' cash to related parties

A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme

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High School Track & Field Nationals postponed

THE National High School Track & Field Championships was originally scheduled to commence today but logistical issues forced the event to be postponed.