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Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

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Ayton scores 24 in loss to Clippers

PHOENIX (AP) — Paul George scored 39 points and the Los Angeles Clippers held on to beat the Phoenix Suns 112-107 last night after nearly blowing a 31-point lead in a matchup of two of the Western Conference’s top early season teams.

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Jones ‘Player of the Week’

For the 10th time in her five-year career, Grand Bahamian Jonquel Jones has been one of the Women’s National Basketball Association’s Players of the Week.

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Giants blow out Cybots, force game six

The Commonwealth Bank Giants, refusing to roll over and play dead for the second consecutive game, blew out the Mail Boat Cybots by 22 points to stay alive in the New Providence Basketball Association’s best-of-seven championship series at the AF Adderley Gymnasium last night.

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Big Red Machine in the lead after day 1

The St Augustine’s College Big Red Machine got off to a promising start in their bid to reclaim the Bahamas Association of Independent Secondary Schools’ Track and Field title.The three-day meet opened yesterday at the Thomas A Robinson Stadium and t

Impressive showing for team Bahamas so far at CAGC

IT HAS been an impressive showing thus far for The Bahamas Golf Federation’s team at the Caribbean Amateur Golf Championships in Montego Bay, Jamaica.

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Canadian U-Sports teams in late season push for final playoff standings

THE St Mary’s Huskies are still streaking while one Bahamian national team standout had her usual leading performance in the final home game of her collegiate career.

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CARIFTA: Bahamas second with 17 medals

With confirmation to host the 50th CARIFTA Games in 2023, the Bahamas’ 54-member team will return from Kingston, Jamaica, with second place with 17 medals, including four gold, at the top regional junior track and field competition.

NPBA: Shockers hold off Abaco, Pirates top Eagles Nest

IN a high scoring game on Monday night at the AF Adderley Gymnasium, the JD’s Seafood Shockers held off the Abaco Strong 103-99 in the NPBA men’s division one feature contest. The division II opener saw the Asphalt Maintenance Pirates secure an 89-8

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Foulkes: Web shop job cuts unfortunate

A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.

Island Luck chief: ‘I was misled’ on web shop taxes

ISLAND Luck’s principal is alleging that the Government “misled” him over planned web shop tax increases, adding: “My legitimate expectation in a proper consultation was dashed.”

Ministry to empower youths to make positive choices

FOR the second consecutive year, Sports World Ministry is bringing its Go Positive Tour to the Bahamas.

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Developer’s fears on home construction ‘horror stories’

Construction materials shortages and COVID-19 will combine to create “horror stories” for Bahamians in the process of building their own homes, a prominent developer predicted yesterday.

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Miller makes CARIFTA Games standard in 200m

JUST before anchoring Swift Athletics to an impressive come-from-behind victory in the under-20 boys’ 4 x 400 metre relay, Wendell Miller powered his way past the qualifying standard in the 200m for the CARIFTA Games.

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BUDDY HIELD STRUGGLES FROM BEYOND THE ARCH IN NBA SUMMER LEAGUE

BUDDY Hield struggled from beyond the arch in the first two games of the 2017 Las Vegas Summer League but the sharpshooting guard improved in his latest outing.Hield scored 22 points, including 6-9 from three-point range in the Kings’ 95-92 loss to t

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Strong Bahamian presence at the AUS Championship

THE Atlantic University Sport conference championships will have a strong Bahamian presence after three teams clinched spots in the playoffs or top seeding over the weekend. The AUS Championship will be hosted February 28 to March 1 at the Scotiaban

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Stingrays take opener

If the regular season was any indication, the PJ’s Cleaning Services Stingers feel they should have no problem dealing with the Y-Care Wreckers in their New Providence Basketball Association men’s first round best-of-five playoff series.

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Super Value chief blasts 80% share claim as 'garbage'

By NEIL HARTNELL Tribune Business Editor Super Value owner Rupert Roberts yesterday blasted claims that his impending acquisition of City Markets' remaining store locations would give him an 80 per cent market share as "garbage" and "total rubbish", tell

Contractors: Over 50% hit by lack of work

Some 52 per cent of Bahamian contractors are suffering from a lack of private sector and government projects, the issue being cited as one of the greatest challenges to their “survivability”.

INSIGHT: Assessing the looming threat from Hurricane Matthew

Matthew is weaker as it meanders over the central Caribbean south of Haiti, but the mighty Category 4 hurricane is expected to move northwards later on Sunday and deliver a punishing blow to the islands of Hispaniola, Cuba and Jamaica on Monday and Tuesday.