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PM told that BPL fuel hedge ‘in the money’

The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.

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Oceania fury: DPM rejects reduced tax from 80% value fall

Property owners at the controversy-torn Oceania Heights development are furious that they will have to pay Stamp Duty based on their initial purchase price, despite values having fallen by up to 80 per cent.

VAT not mandatory for 15,000 firms

More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.

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Buddy Hield sinks a career-high 46

Bahamian Buddy Hield had a career night on Monday but it wasn’t enough as the No.2 ranked Oklahoma Sooners fell victim to top-ranked Kansas Jayhawks 109-106 in triple overtime as they had their perfect winning season snapped at the Allen Fieldhouse in Lawrence, Kansas.

Rookie guard Buddy dishes out his season high 5 assists

With All-Star forward Anthony Davis sidelined for the first time this season, Buddy Hield and the remainder of the supporting cast for the New Orleans Pelicans gave a valiant effort but again fell short and dropped to 2-10.

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Cox to return for 2nd stint in Iraq Superleague

BAHAMIAN national basketball team player Torrington Cox will return to Iraq with his latest signing.

Digicel: ‘We’ll cross union bridge when we reach it’

Digicel is unconcerned about trade union hostility towards its bid for the Bahamas’ second cellular licence, a senior executive telling Tribune Business: “We’ll cross that bridge when we come to it.”

Halkitis details revenue moves

STATE Minister for Finance Michael Halkitis yesterday outlined “key revenue measures” contained in the 2014/2015 budget.

Fishermen: Gov't late on storm relief

Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.

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Racing to bring an end to polio

HUNDREDS of Rotarians and supporters turned out for the End Polio Bed Race at the Marathon Mall on Saturday. Organised by Joanne Smith and Paul Cartwright of the East Nassau Rotary Club, the event raised about $10,000 for Rotary International's global cam

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French-Canadian woman accused of sex with 15-year-old boy

A FRENCH-Canadian woman was remanded to prison yesterday after she was charged in connection with the alleged sexual assault of a minor.

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Veteran forward Kino Burrows scores 13 in 90-53 blowout victory for Byers

KINO Burrows and the FOS Provence Basket Byers continue the French LNB Pro B Leaders Cup as they continue their preparation for the 2020-21 season.

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Burrows with history makers

Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Basketball Byers closed their season with a history-making milestone.

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94 Haitians told not to come back illegally

NEARLY 100 Haitians were granted a conditional discharge yesterday after admitting to entering the country illegally earlier this week. The 94 Haitian migrants — 79 men and 15 women — have been ordered not to return to The Bahamas in the manner they

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Kai Jones back in NBA G League

KAI Jones has fluctuated between the Charlotte Hornets’ main roster and the G-League affiliate Greensboro Swarm for much of the season.

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Woman dies, girl wounded in family shooting on Poitier Avenue

THE bloodiest month of the year ended with another murder on Wednesday night, the 13th in November, when one woman died and four others - including a young girl - were injured in a multiple shooting of a family on Poitier Avenue.

‘Very credible’ Freeport city manager emerges

A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.

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84 illegals held - none from sloop

PRIME Minister Dr Hubert Minnis “is very disturbed” by the illegal landing of a sloop on Adelaide Beach and is awaiting a “full report” on how the landing was possible, his Press Secretary Anthony Newbold said yesterday.

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NPBA: Giants squash Marines 132-73

THE New Providence Basketball Association ended the first segment of its season on a high note with a pair of marquee matchups Saturday night at the DW Davis Gymnasium. The league reopens play on January 3.

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Inflation to stay ‘high’ as food costs up 11%

The Central Bank yesterday warned Bahamian consumers that inflation will remain “high” in the near-term, and decline more slowly than in other countries, with food and drink prices rising 11 percent over the year to end-June 2023.