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Scotiabank: $80m mortgages restructured in 18 months

Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.

80% DIY anglers is ‘absolute nonsense’

The Fly Fishing Industry Association’s (BFFIA) president said yesterday it was “absolute nonsense” to suggest that so-called ‘do-it-yourself’ anglers (DIY) anglers represent 80 per cent of the industry, questioning the credibility of a 2010 survey that pegged the sector’s economic impact at $141 million.

Mocs rout Giants 95-72 in Summer of Thunder

Coach Lamont Paris liked the physicality that the Commonwealth Bank Giants brought. He was even more impressed with how his University of Chattanooga Mocs responded to the pressure.

Chamber chief: ‘Don’t get sidetracked’ over investor confidence

The Grand Bahama Chamber of Commerce’s president yesterday urged the Government “not to get sidetracked” by the furore over the Prime Minister suggesting investor confidence is “waning”.

VAT exemptions 'not in best interest of gov't or businesses'

EXEMPTIONS under the proposed Value Added Tax (VAT) systems would “not be in the best interest of the government or businesses” according to the head of the Retail Grocers Association, who argued that the potential to recover only 20-25 per cent of their inputs would eventually drive some retailers out of business.

Cybots rout Wreckers 80-58, Queens blast the Operators

IT was Cybots Appreciation Night so head coach Wayde Watson said the best way for his teams to show their gratitude to their fans was to win their New Providence Basketball Association-New Providence Women’s Basketball Association double header.

Rockets beat Caribs as Cybots take down Marines

THE New Providence Amateur Basketball Association resumed play Monday night at the DW Davis Gymnasium following the holiday season.

Eric Wiberg – New Providence: 60 land accidents

WHETHER planes touched wingtips, men walked into propellers, bombers collided, planes were lost in microbursts, or had training gunnery mishaps, Nassau, Windsor and Oakes air fields and adjacent waters claimed many lives. More than half of all accidents in the colony – 80 of 150 – took place at or near the air fields and New Providence. This article deals with the 55 accidents that happened or ended up on land. In the three years from January 1943 131 aviators and a Bahamian family of three were killed by military aircraft in New Providence and its waters, with 83 rescued, and those fatalities recovered buried on Farrington Road. Pre-existing Oakes Field, used for training, saw nine crashes and most of the 25 unallocated, and Windsor Field, still in use, had 21.

Eighth annual Bad Boy Mowers Battle 4 Atlantis has loaded field

IF you are looking for me between November 21-23, start at the Imperial Arena in the Atlantis resort.

Sports in brief

THE New Providence Volleyball Association continued its regular season at the Donald Davis Gymnasium on Wednesday night.

Eleuthera ‘jewel’ for sale at $15m

A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.

Super Value sees 80% business rise through Matthew

Super Value’s owner yesterday said he had seen an estimated 80 per cent spike in business over the weekend, as Bahamians stocked up on food and water ahead of Hurricane Matthew.

Individual Stats (Top 50)

1 Mike Russell Sands Bullets M 9 11 70 16 14 16 54.5 11 95 13 3 120.5 2 Harry Brown Coins A M 14 10 72 15 12 19 45.5 15 0 9 0 120.5 3 Christian Knowles Sigma Shots M 13 13 65 16 13 17 47 12 152 6 0 117.5 4 Sky Bain Back Yard Destroyers

Sports Notes

JACOBI Bain, playing in the prestigious 2015 Eddie Herr International Championships, advanced to the quarter-finals with a 7-6 (6), 7-5 win over Tomas Moretto of Argentina. He will go on to play No. 13 seed Maximo Lucentini Sanchez of Argentina 8am today.

Mailboat Cybots one win away from championship title

THE Mail Boat Cybots are now just one game away from winning the New Providence Basketball Association’s championship title. But the defending champions Commonwealth Bank Giants are not yet prepared to push the panic button in the best-of-seven series.

Lathaniel Bastian posts his second double double in three games

LATHANIEL Bastian recorded his second double double in three games and his sixth of the season for the Angelo State Rams men’s basketball programme.

Taxi union chief laments 80% Christmas decline

The taxi union's president yesterday lamented an 80 percent decline in Christmas business for his members compared to prior years with the festive season a "far cry" from pre-COVID earnings.

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

Family Island hotels targeting 90% pre-COVID room nights

Family Island hotels can hit 90 percent of pre-COVID room nights sold with a strong over 2022’s final quarter, a senior tourism is predicting, voicing optimism the sector will “get closer” to its targets.

SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

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