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Insurer’s $5m payout to boost equity return

A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.

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‘Pay up for breaking AC’

A CONTRACTOR who damaged his ex-girlfriend’s AC unit was yesterday ordered to attend anger management classes and pay for the repairs.

‘Phenomenal’: Briland at 90% of pre-COVID levels

Harbour Island resort operators yesterday revealed business activity is at 90 percent of pre-COVID levels for Easter and beyond as they hailed a “phenomenal” rebound from the pandemic.

Baha Mar’s ‘cash run out’ by today

Baha Mar’s dash for Chapter 11 bankruptcy protection was sparked by fears it “would run out of cash” today, with the $3.5 billion project’s inability to open on March 27 having had a “disastrous” and “devastating” effect.

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Rattlers win Holiday Classic

The CI Gibson Rattlers closed out 2015 by repeating as the champions of their own Providence Basketball Club’s Holiday Classic for senior boys by holding off the CC Sweeting Cobras at the Kendal Isaacs Gymnasium on Tuesday night.

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38 charged over breach of bail conditions

POLICE Commissioner Clayton Fernander said police recently charged 38 men who were on bail for serious crimes and were being monitored for breaching their bail conditions.

McPhee-McCuin 'humbled' as Ole Miss Head coach

YOLETT McPhee-McCuin continues to achieve new milestones and make history for Bahamian basketball.Ross Bjork, Ole Miss Rebels vice chancellor for intercollegiate athletics, officially announced McPhee-McCuin’s addition as the head coach of the women’

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Hield, Kings to battle for playoff spot in the Western Conference

BUDDY Hield and the Sacramento Kings have been on the winning side of a series of thrilling finishes recently and have become a legitimate contender for a playoff spot in the Western Conference.The Kings won their third straight game against a Wester

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Roberts: PLP the only party with a plan to tackle crime

DESPITE this year’s murder count outpacing last year’s figure, Progressive Liberal Party Chairman Bradley Roberts said yesterday the PLP is still the only party with a plan to tackle this nation’s crime problem.

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BAHAMIANS LEAD KNIGHTS TO HISTORIC SEASON

Their storybook season and playoff run ended this weekend, but a dynamic trio of Bahamians led the Niagra College men’s basketball programme to a historic season.

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Bahamas to face Canada, US Virgin Islands and DR

TEAM Bahamas will face Canada, The Dominican Republic, and The US Virgin Islands in the first round of qualifying for the FIBA Basketball World Cup 2023.

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MVP Anthon Williams’ triple double helps Cobras to win title

ANTHON Williams delivered a triple double and earned an MVP performance to lead the CC Sweeting Cobras to the inaugural Caribbean Kings, Inter-Caribbean High School Basketball Championships.

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D’Aguilar: Health visa has worked for nation

TOURISM Minister Dionisio D’Aguilar has defended the government’s use of the travel health visa saying it has “worked well” for the country.

Concern at fishing plan

WHEN I wrote my last letter (November 1, 2016), expressing my concern for the increased Chinese influence, I was not aware of the information that has surfaced regarding the proposed 10,000 acres of farm land in North Andros.

Disney: ‘We’ve struck right tone’ on Eleuthera project

Disney Cruise Line’s president yesterday asserted the cruise line had “really struck the right tone” in balancing economic development with conservation at a Lighthouse Point project it hopes to start this year.

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Last surviving colonial governor dies, aged 101

THE last surviving British colonial governor of the Bahamas has died in England at the age of 101.

Offshore sector 'reverses' decline via 12.6% growth

The Bahamas’ international banking industry had “reversed” the recession-induced balance sheet contraction by 2011, growing assets by 12.6 per cent that year.

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Insurers say many claims over floods

INSURANCE companies reportedly have “a lot of claims coming in” following severe flooding across New Providence, according to industry insiders.

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Jonquel Jones leads her team at FIBA World Cup

Just days after her WNBA season came to an end, Jonquel Jones returns to international play with Bosnia and Herzegovina at the FIBA Women’s Basketball World Cup.

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Jones named to Defensive 1st Team, Sun host Sky in semis Tuesday

JONQUEL Jones received another postseason accolade and the WNBA semifinals matchup is set for her Connecticut Sun as they prepare to make their 2021 postseason debut this week.