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UCF wins Bahamas Championship
THE Central Florida Knights began 10 days of NCAA Division I basketball at the Baha Mar Convention Centre by winning the “Bahamas Championship” tournament title. The Knights defeated the Santa Clara Broncos 57-50 last night in the finale.
Insurer: Hurricane season end ‘can’t be soon enough’
A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.
Timeless Gold
ActivTrades
THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.
Albury and Greene lead Chipola to no.6 ranking
DEYTON Albury and Paul Greene have led Chipola to a no.6 national ranking while the Bahamian contingent at Northeast Community College continues to put up major numbers in their sophomore campaign.
VIN numbers of stolen vehicles ‘being covered with false plates’
POLICE have noticed a trend regarding stolen vehicles where suspects are covering the original VIN number with a false plate, according to Commissioner of Police Clayton Fernander.
‘Not out of woods’ despite lowest deficit for 10 years
The Prime Minister yesterday warned Bahamians “we are not yet out of the woods” as he hailed the lowest first quarter fiscal deficit “in more than ten years”.
King and Bluejays undefeated so far
FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.
‘No one cares about the women’ on national basketball team
AFTER all of the sacrifices made and the hard work that they put in, head coach Donillo ‘Donnie’ Culmer said he’s disappointed that the Bahamas Basketball Federation pulled the plug on their trip to Mexico for the Centrobasket tournament.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
FACE TO FACE: Success and challenges for two pharmacy industry forerunners
TWO phenomenal women, both forerunners in the Pharmacy industry in the Bahamas, shared their stories with me this week. We spoke of their journey to success, and the challenges along the way, including the most recent hurdle, which led them to join with pharmacists throughout the country for a shocking one-day closure of pharmacies.
VAT’s ‘real’ 15% rise since January’s cut
The Davis administration last night said real VAT revenues increased by 15.1 percent year-over-year following the New Year’s Day rate cut with the deficit for the 2022-2023 fiscal year’s first quarter slashed by $116.4m.
Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
Boxing team heading off
WITH the 27-member team already reduced because of the lack of funding, Bahamas Boxing Federation President Vincent Strachan said he’s confident the remaining 10 boxers will get the opportunity to travel this week to Kissimmee, Florida.
Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
Team Bahamas eliminated
Team Bahamas was eliminated from FIBA World Cup ‘23 contention, but a pair of resilient efforts at home led to a two-game split in the latest window of Americas Qualifiers.
Destruction of an icon
ActivTrades
WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama.
McFall, McCoy off to good start in NCAA Div. ii
BOTH Johnathan McFall and Malachi McCoy got their senior seasons off to promising starts as the NCAA Division II basketball season tipped off last weekend in early season tournament play.
Bahamas secure hard-fought win over Panama
THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.
$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
