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S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

Foreign receiver hits at Bahamas ‘legal hurdles’

A Canadian receiver has hit out at the Bahamian “legal hurdles” complicating his efforts to recover assets from two Paradise Island residents, who have been accused of perpetrating a $22.6 million fraud.

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Romad Dean The Tribune’s Junior Male Athlete of Year

ROMAD Dean’s finish to his debut season with the Crestwood Prep Lions in Ontario, Canada, saw his continued ascension in the prep basketball recruiting rankings to earn The Tribune’s 2020 Junior Male Athlete of the Year.

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Spartans suffer 80-69 loss to Badgers in Big 10 title game

CHAMPIONSHIP Week is in the books, and it was a series of contrasting results for Bahamian players in their respective Men’s Division I conference tournaments.

More stimulus to come amid 30% jobless rate fear

The government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is “prolonged”. K Peter Turnquest, pictured , in a messaged reply t

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Man is stabbed to death at home

FREEPORT – A 50-year-old Eight Mile Rock man was stabbed to death at his home on Tuesday evening, pushing the island’s homicide count to 10.

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

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107 new COVID-19 cases, death toll reaches 100

The Ministry of Health reported on Monday that there were 107 new cases of COVID-19, one death, three deaths under investigation now confirmed as COVID-19 related and 100 recovered cases.

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NPWBA: Best-of-5 championship opens tonight

THE New Providence Women’s Basketball Association will open its best-of-five championship tonight at the DW Davis Gymnasium when the Lady Cheetahs take on the Bommer G Lady Operators.

MasterCard expands promotion to GB

MasterCard has partnered with the Ministry of Tourism to become the official card of the Bahamas.

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CIBC’s New Year halt to in-branch payments

CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.

Moss 'tremendous shot blocker, rebounder'

ASHLEY Moss has been dominant since her debut for the Holland College Hurricanes and has been the catalyst in the team’s historic berth to the Canadian national tournament.

Commercial banks to acquire 80 per cent of restoration bond

Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.

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Deangelo leads SAC to 70-20 rout over Aquinas

POWERED by junior national team standout Deangelo Mackey, the St Augustine’s College Big Red Machine senior boys’ basketball team looks to continue their dominance in the Bahamas Association of Independent Secondary Schools.

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Insolvent adviser meets just 25% of $1m liability

An insolvent Bahamas-based investment advisor has been placed in Supreme Court-supervised liquidation due to its remaining cash balances covering less than 25 percent of its $1m-plus liabilities. Ed Rahming, the newly-appointed liquidator for Pacifi

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Sports in brief

THE New Providence Basketball Association continued its 2013/14 regular season with a double header at AF Adderley Gym on Monday night.

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Wilson 'back as BUT president'

Unofficial results of the BUT general election last night revealed that incumbent president Belinda Wilson has been reelected as president of the union for the third time.

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.

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Official police statistics show 3% rise in murder

DESPITE a three per cent increase in murder last year, Police Commissioner Ellison Greenslade said yesterday that serious crimes in the Bahamas decreased by 18 per cent in 2014 compared to 2013.