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CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
Buffaloes retire Buddy Hield’s No.24 jersey
Chavano “Buddy” Hield was honoured by the programme where he concluded his high school career, a place vital on his journey toward NBA stardom and a place he calls his second home.
‘Tum Tum’ and Spartans top the Eagles
NCAA Men’s Division I basketball moved into its second week and several Bahamian players were in action over the weekend.
FIBA: Bahamas to face Dominican Republic tonight
COACH Mario Bowleg said the men’s national basketball team is prepared to put the devastating loss to the US Virgin Islands behind them and is eagerly looking forward to closing out play tonight against the Dominican Republic on a high note in the FI
Patients are trapped by lack of funds
HEALTH Minister Dr Duane Sands said yesterday the government is still trying to decide what it can afford to do regarding the homeless patients who are lodged at the Princess Margaret Hospital.
McCuin and Rebels win NCAA season opener
The 2019-20 NCAA Division I basketball season tipped off Tuesday night and Bahamians were figured prominently for their respective programmes both on the sidelines and on the floor in various conferences across the United States.
Bahamian firm wants to bring solar power to GB
A Bahamian-owned company is proposing to construct solar power plants in West and East Grand Bahama at an investment of more than $30m that it claims will not only reduce the cost of power, but provide clean power generation on the island.
Union seeking 'seat at table' on CIBC deal
Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,
Sick-outs still affecting healthcare services
AFTER more than a week of staff sick-outs, officials said on Friday that while normal operations resumed at the Sandilands Rehabilitation Centre and at institutions in Grand Bahama, services at Princess Margaret Hospital continued to be affected by delays.
Tourism ‘subdued’; LPIA departures decline 3.6%
The Central Bank yesterday identified a mixed outlook for the Bahamian economy, with increased domestic demand offset by a “subdued” tourism performance that saw air departures shrink by 3.6 per cent.
Crash drill at airport
THE need for better communication between agenices at the Lynden Pindling International Airport was revealed yesterday after officials staged a simulated plane crash.
Cellular monopoly retarding growth, telecoms investment
The Bahamas’ information and communications technology (ICT) sector generated revenues of almost $450 million or 5.7 per cent of the country’s total GDP in 2011, a Utilities Regulation and Competition Authority (URCA) executive said yesterday.
Burrows makes debut in Finnish league
SEVERAL basketball leagues have tipped off on the international circuit and one prominent Bahamian national team member was the latest to debut.
Bringing home gold
In an historic performance on the hardwood, the Bahamas claimed the Caribbean Basketball Confederation Championship and successfully completed the first step toward their lofty goal of Olympic qualification in 2016.
Richardson and Giants clinch the first postseason berth
Antoan Richardson and the San Francisco Giants were excluded from the MLB 2020 playoffs following a heartbreaking loss in the regular season finale, but left nothing to chance this season as they became the first team to clinch a postseason berth for the 2021 postseason.
NPBA: Wreckers pull of 108-82 win over Caribs
THE New Providence Basketball Association, displaying its new live statistics for all of its games on its recently constructed website, had just one match on Tuesday night with the Y-Care Wreckers pulling off a 101-82 triumph over the College of the Bahamas Caribs.
BGDBA Playoffs: Cybots and Avengers go up 1-0 in first round
The Bain and Grants Town Cybots and Airport Authority Avengers nabbed the first wins in their round one playoff matchups.
Trevon Grant looks to emerge as a leader for Axemen
HEADED into his senior season, Trevon Grant looks to emerge as a leader for the Acadia Axemen basketball programme.Through six preseason contests thus far, Grant has averaged 12 points and 5.8 rebounds per game to lead the Axemen to a 4-2 record in e
Minor League Baseball players in the spotlight
The Minor League Baseball regular season recently concluded in various leagues across the United States and brought an end to the year for several Bahamian players in their respective franchises.Many players completed their first full seasons at the
No.1 pick Ayton posts double double in return
For the first time since the season opener, Deandre Ayton was back on the court for the Phoenix Suns and despite a blowout loss, the former No.1 overall pick showed little signs of rust in his return.
