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Knights, Raptors take early lead

THE 26th Annual GSSSA Track and Field Championships got underway yesterday and continued its format with both junior schools and senior schools competing simultaneously.

Bahamas broker 'pliant' in claimed investment fraud

The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.

Sports notes

THE 13th year of the Junkanoo Jam, brought to the Bahamas by Basketball Travellers, highlights one of NCAA’s elite in season women’s basketball tournaments.

Sports in brief

DUE to the death of James “Jim” Wood, the remainder of the 19-and-under best-of-three Baptist Sports Council 2014 Coca-Cola Softball Classic, which was scheduled to be played at the Baillou Hills Sporting Complex on Saturday, has been postponed.

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Bahamian student shines at boarding school

CANDACE Fields, 18-year-old daughter of Edward and Michele Fields, was one of four outstanding Bahamian students who graduated from Choate Rosemary Hall, a co-ed, private boarding school in Wallingford Connecticut, in June 2013.

Water leaks cost taxpayers $93m

THE Water & Sewerage Corporation’s $249 million taxpayer subsidy over the 12 years to 2015 could have been slashed by $93 million if all water leakages had been eliminated.

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Bahamas slams Cayman 105-36

BACK in the win column on day three, the Bahamas sealed a spot in the semifinals of the Centrobasket U15 Championships for Men.

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FACE TO FACE: Leading light in American football for The Bahamas

AMERICAN football has yet to become as big as it could be in The Bahamas. Even though thousands of Bahamians energetically follow the NFL and anticipate the Superbowl, football is not a major sport in this country.

GBPA ‘exposed’ to legal challenge on power rate process

The Grand Bahama Port Authority (GBPA) was yesterday warned it is “exposing” itself to potential legal challenge by allowing just a nine-day public consultation over the island’s proposed electricity rates for the next three years.

Alarm voiced over cruise industry's Nassau bypass

A Bahamian destination provider yesterday voiced alarm that the cruise ship industry may initially bypass Nassau in favour of its private islands once it makes its COVID-19 comeback.

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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HALF OF MEDICAL STAFF STILL WON’T TAKE JAB: Doctor among COVID deaths as Pfizer rollout scheduled for Thursday

AN unvaccinated physician has died of COVID-19 complications, while three unvaccinated healthcare workers are currently hospitalised with the virus, according to Dr Merceline Dahl-Regis, the National COVID-19 Vaccine Consultative Committee chairperson.

Bahamas First chief ‘very confident’ over VAT deal

Bahamas First’s top executive is “very confident” the government and general insurers will reach “a mutually beneficial resolution” to end the uncertainty over VAT recoveries on claims payouts.

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Chamber chief ‘astounded’ by 4,000 VAT payers

The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday said he was “astounded” by government figures showing less than 4,000 companies would be liable to pay Value Added Tax (VAT), adding that this emphasised the urgency of passing legislation designed to strengthen the small business sector.

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FACE TO FACE: Bob marched to his own drum and enriched my life

The value of life and the value of this weekly column was put into deep perspective for me as I prepared this edition – a dedication to media pioneer Bob Thompson.

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A COMIC'S VIEW: Never mind dealing with crime, we must keep Whatsapp

THIS week, when news spread that the country’s murder record had been tragically broken, I glimpsed my teary-eyed, 80-year-old aunt (rosary in hand) praying. Trying to offer comfort, I asked her if she was okay. Her response? “No, I’m not okay because I never imagined this is what The Bahamas would come to.”

Verdict leaves Baha Mar at ‘serious disadvantage’

A Baha Mar director has expressed fears that yesterday’s Supreme Court ruling will further “embolden” its Chinese partners to harden their negotiating stance in talks to resolve the dispute over the $3.5 billion project.

Small Business Agency in 20% operating expense cap

The proposed Small Business Development Agency (SMEDA) can only allocate 20 per cent of its funding to cover operational expenses, freeing “no less than $8 million” per year to assisting Bahamian entrepreneurs.

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INSIGHT: Today's youth, tomorrow's leaders

Can the Bahamas, a society where seniority is prized, really afford to disregard the voice of youth? Rashad Rolle hears why the world is waking up to the need to shift from adultism and why the country is in danger of being left behind.

S&P: Primary surplus key to stable rating

The Government will take a major step towards convincing Standard & Poor’s (S&P) to maintain the Bahamas’ ‘investment grade’ rating if it can hit primary Budget surplus targets from the 2015-2016 fiscal year onwards.