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Bahamas in Fintech 'first for Caribbean'

Corporate loan rejection rates in The Bahamas are double those in other Caribbean countries, it has been revealed, resulting in financial technology (Fintech) being deployed to boost capital access. An Inter-American Development Bank (IDB) paper on

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Raptors are the junior track & field champs!

They had their consecutive meet title streak broken in 2018, but the CH Reeves Raptors regained their place as the GSSSA junior track and field champions.

VAT hike puts further strain on cook-outs

“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c

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Mountaineers rout Bahamas team by 46

Head coach Dustin Kerns likes what he saw from his Appalachian State University Mountaineers men’s basketball team in their 46-point rout over the Bahamas Select Team yesterday at the Summer of Thunder in the Imperial Ballroom of the Atlantis resort on Paradise Island.

GIANTS TOP THE CYBOTS 97-87

AFTER getting off to a great start in their season opener, the defending champions Mail Boat Cybots suffered a humbling defeat to their arch-rivals Commonwealth Bank Giants at the AF Adderley Gymnasium on Saturday night.

COVID - crime and choice

There were 73 people murdered in 2020, down from 95 person in 2019. This gives a homicide rate for 2020 of 18. 6 per 100 000. This is still considered an epidemic. According to United Nation, Homicide rate of 10 per 100 0000 or above is considered an epidemic.

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Bahamian Basketball players making impact

WHILE the NBA garners much of the basketball attention during the fall, Bahamian basketball players all over the European and Asian circuits are making an immediate impact on their respective clubs.

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132 new cases of COVID-19

THE latest Ministry of Health COVID-19 Dashboard has recorded 132 new infections in The Bahamas with 94 of them being in New Providence.

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Jonquel Jones and Sun advance to WNBA Finals

Jonquel Jones made local basketball history once again and became the first Bahamian player to advance to the WNBA Finals. Jones and the Connecticut Sun closed out the Los Angeles Sparks with a 78-56 win last night in Long Beach, California. With t

Sports Notes

THE New Providence Basketball Association continued its regular season action on Monday night at the AF Adderley Gymnasium with the College of the Bahamas Caribs and the PJ Stingers winning the double header. While the Caribs stunned the Double R Services Cleaners 81-63, the Stingers out-scored the Island Game Pros 101-95.

VAT 'recipe for disaster' with no Contractor Bill

A Bahamian contractor said yesterday that levying 7.5 per cent Value-Added Tax (VAT) on the sector without first passing the Contractors Bill would be a “recipe for disaster”, telling Tribune Business: “We are in no manner, shape or form prepared for this.”

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

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That's a lame excuse, says union chief

BAHAMAS Union of Teachers president Belinda Wilson released a statement yesterday dismissing Education Director Marcellus Taylor’s “lame excuse” as to why 100 newly recruited teachers are still at home waiting to be employed and assigned to public sc

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Independece day all quiet

IT WAS mostly all quiet on the crime front on Independence day, according to police.

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Lights out for 5,400 ‘can’t pay’ families

WORKS Minister Desmond Bannister revealed yesterday that 5,412 households across the country are “off the grid,” as a result of not paying energy bills for 60 days or more and collectively owe Bahamas Power and Light more than $5m.

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Bahamasair cutting its summer schedule by 20%

Bahamasair yesterday said it is planning a 20 percent cut to its summer schedule after incurring $18.5m in revenue losses and unfunded costs due to the combination of Hurricane Dorian and COVID-19.

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Nesbitt and team force 5th and deciding game

NATIONAL team member David Nesbitt and his Regates de Flamengo Basketball Club forced a fifth and deciding game in Brazil’s Novo Basquete Brasil (NBB) Finals.

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Thomas traded to Pirates in the minor league

TAHNAJ Thomas will be on the move next season with a new organisation in the minor leagues.Thomas was traded to the Pittsburgh Pirates from the Cleveland Indians alongside Erik Gonzalez and Dante Mendoza in exchange for Jordan Luplow and Max Moroff.L