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CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
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Buffaloes retire Buddy Hield’s No.24 jersey
Chavano “Buddy” Hield was honoured by the programme where he concluded his high school career, a place vital on his journey toward NBA stardom and a place he calls his second home.
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‘Tum Tum’ and Spartans top the Eagles
NCAA Men’s Division I basketball moved into its second week and several Bahamian players were in action over the weekend.
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THE PRESS BOX: Some of the latest Draft rumblings from Cowboy ranch
AFTER a fast and furious and, more importantly, successful second week in NFL free agency, the Cowboys aren’t done yet. • Here’s some of the latest rumblings, Draft and free-agent wise, straight from the ranch. WAIT THERE’S MORE Dallas is still
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Patients are trapped by lack of funds
HEALTH Minister Dr Duane Sands said yesterday the government is still trying to decide what it can afford to do regarding the homeless patients who are lodged at the Princess Margaret Hospital.
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McCuin and Rebels win NCAA season opener
The 2019-20 NCAA Division I basketball season tipped off Tuesday night and Bahamians were figured prominently for their respective programmes both on the sidelines and on the floor in various conferences across the United States.
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Bahamian firm wants to bring solar power to GB
A Bahamian-owned company is proposing to construct solar power plants in West and East Grand Bahama at an investment of more than $30m that it claims will not only reduce the cost of power, but provide clean power generation on the island.
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Union seeking 'seat at table' on CIBC deal
Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,
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Sick-outs still affecting healthcare services
AFTER more than a week of staff sick-outs, officials said on Friday that while normal operations resumed at the Sandilands Rehabilitation Centre and at institutions in Grand Bahama, services at Princess Margaret Hospital continued to be affected by delays.
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Crash drill at airport
THE need for better communication between agenices at the Lynden Pindling International Airport was revealed yesterday after officials staged a simulated plane crash.
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Cellular monopoly retarding growth, telecoms investment
The Bahamas’ information and communications technology (ICT) sector generated revenues of almost $450 million or 5.7 per cent of the country’s total GDP in 2011, a Utilities Regulation and Competition Authority (URCA) executive said yesterday.
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Burrows makes debut in Finnish league
SEVERAL basketball leagues have tipped off on the international circuit and one prominent Bahamian national team member was the latest to debut.
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RESULTS: Royal Bank of Canada National Swimming Championships
Girls 13-14 800 LC Metre Free 1, MacPhail, Anya I, BSC, 9:58.49. 2, Eneas, GiGi S, DSC-BA, 10:35.88. 3, Albury, Kaliyah G, BSC, 10:58.47. 4, Trotman, Jazmine M, SWIFT-BA, 11:05.61. 5, Mortimer, Madison H, ORCA, 11:19.54. 6, Albury, Taylor T, Abaco S
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Tida Wave, New Susan Chase, Whitty K and Judgment D crowned champions
THE Tida Wave, New Susan Chase, Whitty K and Judgment D all took the spotlight in the 62nd National Family Island Regatta in Georgetown, Exuma, over the weekend.
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THE PRESS BOX: A look at three potential 1st round picks for the Cowboys on defence
LAST week we looked at three potential first round picks at wide receiver for the Cowboys, picking No. 19 in this year’s draft. This week we look at three potential first round picks on the defensive side of the football. Derwin James, S, FSU Jame
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Restaurant owners eye social distance strategy
Restaurant and bar owners are already plotting how their establishments can re-open in compliance with COVID-19 health and safety protocols despite some suffering revenue declines of up to 95 percent. Peter Maury, owner of the Green Parrot and Marga
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Why home ownership in New Providence is cost prohibitive
Prime Minister Dr Hubert Minnis’ plan to make land in Western New Providence “affordable” to young Bahamian professionals is commendable.
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A COMIC'S VIEW: Christie’s Baha Mar deal leaves a sour taste in the mouth
To the average Bahamian who follows major events in the country, this was a confusing week.
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Surprise at Christie admission
OPPOSITION Leader Dr Hubert Minnis was surprised by Prime Minister Christie's acknowledgment that the Bahamas was now "in the midst of one of the most difficult and challenging fiscal periods in the nation's history". The Prime Minister made his observati
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Gov’t ‘exhausts’ 95% of deficit projection
The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.
