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Chamber endorses CEO over 10-year securities barring

The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc

S&P questions Gov’t over US $300m bond

The Government’s decision to go to the international capital markets for a US$300 million bond yesterday appeared to be questioned by a Wall Street credit rating agency, which said there was “significant appetite” for its debt in the Bahamas.

IMF: 12% VAT rate ‘lowest in Caribbean’

The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.

First Baptist emerge as champions

FIRST Baptist emerged as the champions of the Baptist Sports Council’s 2015 Track and Field Classic at the Thomas A Robinson Track and Field Stadium on Saturday.

West champs Thunder head to finals

OKLAHOMA CITY (AP) -- Kevin Durant had 34 points and 14 rebounds while playing all of regulation for the first time all season, and the Oklahoma City Thunder claimed a spot in the NBA finals by beating the San Antonio Spurs 107-99 last night. Russell Westb

Cybots rout Cleaners 104-71, Wreckers clip Rockets 87-86

WHILE the Mail Boat Cybots pulled off a rout, the Y-Care Wreckers had to go right down to the wire before they prevailed in the New Providence Basketball Association’s double header at the AF Adderley Gymnasium on Monday night.

Jones expresses interest in Slam Dunk Contest

KAI Jones’ youthful exuberance was one of the highlights of Charlotte Hornets’ media day.

Munnings was ‘catalyst’ in Portugal preseason debut

TRAVIS Munnings made his preseason debut in Portugal with Oliveirense Basquetebol. The team is 4-1 in their preseason games, and Munnings has been a catalyst of the offence. Munnings finished with 16 points, seven rebounds and four assists in the exhibition opener, an 84-76 win over AD Ovarense. He followed with 10 points and four rebounds in another win over AD Ovarense, 77-71.

BTC TAKES 4G TO GRAND BAHAMA

The Bahamas Telecommunications Company (BTC) has introduced its fourth generation (4G) network on Grand Bahama via a soft launch. Coming almost a month ahead of schedule, it follows the official launch of the same technology in New Providence one week ea

Bahamian baseball legend Ed Armbrister dies at 72

ED Armbrister, the only Bahamian to rise to the pinnacle of Major League Baseball and claim its ultimate prize, died Wednesday at age 72.

Tahnaj Thomas on Indians' Top 30 Prospects list

THE Cleveland Indians were busy at Major League Baseball’s trade deadline and the transactions within the farm system allowed Tahnaj Thomas to enter the organisation’s Top 30 Prospects list.Thomas was listed as the Indians’ 30th ranked prospect on th

Fox one step away from Major League Baseball

LUCIUS Fox has made another progression in the Tampa Bay Rays organisation, and is now just one step away from Major League Baseball.The 22-year-old shortstop was assigned to the Durham Bulls, the Rays’ AAA affiliate based in Durham, North Carolina.

PM reveals details on housing scheme

PRIME Minister Dr Hubert Minnis revealed that a planned housing programme geared towards young professionals will include certain exemptions such as waived customs duty on building materials and appliances and real property tax exemption for up to two years after the homes have been constructed.

Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

Why bring race into it?

“If you are black and you are poor, you die. Surely a tax is better than death.” What kind of idiotic statement is that in a country of 85 per cent black, ruled by the majority?

Tributes paid for iconic journalist Ed Bethel

TRIBUTES continued to pour out for veteran journalist Eldred “Ed” Bethel yesterday, with the Free National Movement and Broadcasting Corporation of The Bahamas remembering the media legend.

VAT covering 99% of economy despite $50,000 exemption

THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.

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