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Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

Giants to face Cybots in NPBA final

Coach Perry Thompson knew that once his Commonwealth Bank Giants kept the ball out of the hands of the Police Crimestoppers’ guard Mitchell Johnson, they would be back to defend their title in the New Providence Basketball Association’s championship series.

AJ Storr suits up for Red Storm in Big East

FOUR star freshman guard AJ Storr leads a highly touted incoming class expected to propel the St John’s Red Storm back into contention of a competitive Big East Conference.

BUSINESS ANALYSIS: Government, China get their desired Baha Mar end

Bank’s takeover raises fresh economic sovereignty questions, writes Neil Hartnell

Bahamas 5th at FIBA Centrobasket Championship for women

WITH a pair of wins against Costa Rica, the Bahamas finished fifth at the 2018 FIBA Centrobasket Championship for women and missed qualification for the FIBA Women’s AmeriCup 2019.

‘We see NAIA membership in our short term future’

WHILE the College of the Bahamas will be transformed into the University of the Bahamas next week, everybody is waiting for the unveiling of its new Athletic Department.

Farewell to J Barrie Farrington

A STATE-RECOGNISED memorial service was held for John Barrie Farrington, 85, former senator and hotelier, on Saturday at Christ Church Cathedral.

Pensive about the global order

As the world is gripped by by Covid-19 pandemic, I find myself pensive about the global political, economic and social order.

Bahamas requires $160-$180m swing to 'stabilise' debt

The Bahamas needs a $160-$180 million ‘positive swing’ on its primary Budget balance to “stabilise” the debt-to-GDP ratio, with an even “stronger adjustment” needed to slash the $7 billion-plus national debt.The Inter-American Development Bank’s (IDB

Tavario Miller and Zane Knowles in playoffs

Two Bahamian senior men’s national basketball team players got their postseasons off to successful starts.

Ayton helps Wildcats secure 88-82 win over Crimson Tide

THE Arizona Wildcats were locked into another close game down the stretch when they turned to their freshman phenom to deliver in the clutch. DeAndre Ayton made a pair of jumpers on consecutive possessions to help the Wildcats pull away for an 88-82 win over the Alabama Crimson Tide at the McKale Center in Tuscon, Arizona, on Saturday.

Bahamians go head-to-head in Ontario Scholastic Association

A PAIR of Bahamians went head-to-head in a marquee matchup in Ontario Scholastic Basketball Association regular season play.

Final stage of bidding for cellular licence begins

AFTER a five-month delay, the final phase of the selection process for the country’s second mobile services provider has begun, the Utilities Regulation and Competition Authority announced yesterday.

Four killed in plane crash

THE tragic death of two American couples in a plane crash ripped through the small community of Treasure Cay yesterday.

Are cruise ship sick heading here?

THE United States Coast Guard has told foreign-flagged cruise ships to be prepared to care for people with COVID-19 for an uncertain period of time at sea or seek help from countries in which they are registered.

Heartbreaking loss for Bahamas

THE Bahamas men’s national team dropped a heartbreaking 84-81 loss to Mexico and now they are automatically eliminated from contention of winning the CentroBasket Tournament in Panama.

All packed close in on Bahamasair

The following was sent to my iPhone today that I thought might interest your readers. The letter writer said:

FNM: It’s time for Nottage to be replaced

FREE National Movement Chairman Michael Pintard yesterday called for Prime Minister Perry Christie to replace National Security Minister Dr Bernard Nottage over his uninspired and lethargic response to mounting crime.

WNBA finals: Jones and Sun even series 1-1

THE Connecticut Sun produced the better defensive effort they were looking for in game two and evened the best of five series in their chase for the 2019 WNBA title.

UPDATED: Couple shot dead in their sleep

Two men are being questioned by police after a man and woman were shot dead in their sleep early on Monday morning.

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