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Cybots stop Regulators 93-83 to take 1-0 lead

The Mail Boat Cybots survived a tough battle with Mr Ship It Freight Regulators to secure a 93-83 victory for a 1-0 lead in the New Providence Basketball Association men’s division one championship series.

Bahamas oil well creditors accept 84% debt hair-cut

Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.

$25m initiative to reverse 85% small firm credit rejection

A $25m Inter-American Development Bank (IDB) loan is aiming to reverse an 85 percent rejection rate on small business financing applications, it was revealed yesterday.

'Toxic' BOB borrower loses $2.1m appeal

A seafood supplier’s bid to obtain $2.1m in damages from Scotiabank (Bahamas) for lost profits was this week rejected as “unmeritorious” by the Court of Appeal.Jerome Forbes and North Andros Food Services, who were among the first 13 “toxic” borrower

THE ALICIA WALLACE COLUMN: Poverty isn’t a choice, for many it’s their battle throughout life

Money is a complicated topic of discussion. It is, in many ways, taboo to talk about money in real terms. We can comfortably talk about high prices, sales and taxation, but it is more difficult to discuss, in concrete terms, salaries, expenses and what we can and cannot afford.

Rare January hurricane forms in Atlantic, threatens Azores

MIAMI (AP) — A rare January hurricane formed far out in the Atlantic on Thursday, and U.S. officials said it was the first hurricane to form in the month of January since 1938.

Nassau Nastics

AS AN engaging alternative to the listless lethargy of summer, the annual Nassau Nastics camp running at two New Providence locations is a fun and healthy option.

Hurricanes keep top spot

By RENALDO DORSETT

NPBA Division I: Rockets advance to Final Four

THE Discount Distribution Rockets completed the New Providence Basketball Association’s Division I Final Four.

Second Baha Mar SPV asset transfer

Baha Mar’s receivers and liquidators have left “no stone unturned” in their hunt for assets, quietly transferring a second tranche to the project’s secured creditor in December 2016.

Welcome home Team Bahamas!

The CARIFTA track and field team, managed by Doris Rolle-Ramsey and coached by John Ingraham, returned home yesterday to the delight of a welcome reception at The Poop Deck at Sandyport.

Breezes High Flyers one game from championship

THE Division II defending champions are a game away from repeating as champions while the Division I series went in the opposite direction and is a game away from being all tied up.

Bahamas Great Abaco Classic tops the Web.com leaderboard

THE Bahamas Great Abaco Classic is high on the Web.com leaderboard with several PGA golfers raving about their experience at the event.

Two charged with three counts of attempted murder

TWO men were remanded to prison on Friday after being arraigned on three counts of attempted murder in Magistrate’s Court.

Local standouts shine in Caribbean Tip-Off Classic

IN addition to some of the top prep basketball recruits in the United States, Canada, and Finland, the first Caribbean Tip-Off Classic also gave local standouts an opportunity to showcase their skills.

Digital banking can’t be ‘rammed down throats’

A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.

MILLER: POWER PLANT PROPOSAL COULD SAVE BEC $85-$100m IN FUEL COSTS

THE Bahamas Electricity Corporation (BEC) would see savings of between $85-$100 million if a new power plant was constructed in the next 30 months according to its executive chairman Leslie Miller, who touted the corporation’s own power generation proposal as superior to any plan presented to the Government.

The Tribune

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