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NAD returns to $322m debt terms compliance
The Nassau Development Company (NAD) no longer requires a government "commitment" or waiver from its lenders after returning to full compliance with conditions governing its outstanding $322.313m debt at end-September 2022.
Standards Bureau may cost over $10m
The Government anticipates having the Bahamas Bureau of Standards (BBS) fully operational by year-end 2014, aiming to enhance the reputation of Bahamian-made products and ensure this market is not flooded with inferior imports.
Ayton returns, posts double double
Deandre Ayton returned to the Phoenix Suns starting lineup and the defending Western Conference champions extended their league-leading win streak to eight games.
NPBA: Giants squash Marines 132-73
THE New Providence Basketball Association ended the first segment of its season on a high note with a pair of marquee matchups Saturday night at the DW Davis Gymnasium. The league reopens play on January 3.
Cybots are number one
Once again, Brian “Tucker” Bain came through with the clutch pair of free throws down the stretch as the Mail Boat Cybots held off the Commonwealth Bank Giants 101-99 at the AF Adderley Gym Thursday night to secure their second New Providence Basketball Association championship title, adding to their first crown in 2009.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
TOUGH CALL: Is it time for FNM to change horses or hold a steady course?
WITH less than eight months to the next British general election, the opposition Labour Party appears to be having buyer’s remorse over its choice of leader. In fact, there are some interesting parallels with the political situation here.
Sports in brief
THE lanes at Mario’s Bowling & Entertainment Palace were on fire Monday night as the City Bowling League continued its regular season action.
Latario Collie reaches triple jump final
GOLD Coast, Australia: Latario Collie became the fifth Bahamian to make a final in the athletic competition at the XXI Commonwealth Games.
Regulators stop Rebels 120-107, Aliv Buckets get 89-75 win over Stampers
THE Regulators dominated the overtime period and closed the game on a 10-1 run en route to the win. Alexander Rolle outscored the Rebels all by himself in overtime when he dropped 10 of his game high 31 points.
Despite virus, Coleby and Japanese B-League resume play last weekend
DESPITE concerns expressed by several stakeholders affiliated with the Japanese B-League, Kadeem Coleby and the remainder of the league resumed play last weekend as the coronavirus COVID 19 outbreak continues.
'Shaq' Cleare re-signs with basketball club in Spain
AFTER a successful late-season stint with Actel Forca Lleida less than a year ago, Shaquille Cleare resigned with the club for the upcoming 2019-20 campaign. Actel Forca Lleida competes in Spain’s Liga Española de Baloncesto – Gold, the second divis
NWTBA World Championship 'Baseball in Paradise'
THE Bahamas again played host to top international junior baseball talent as local entities teamed with the National Wood Bat Travel Ball Association to host the NWTBA World Championship “Baseball in Paradise.”
INSIGHT: The good, the bad and the ugly - A dangerous mix of tourism and crime
For generations the relationship between country's leaders and its inhabitants have straddled a Cartesian dualism, in a sense that both politician and voter interact within a single socio-economic reality from competing foundations.
Jones expresses interest in Slam Dunk Contest
KAI Jones’ youthful exuberance was one of the highlights of Charlotte Hornets’ media day.
Jonquel Jones named WNBA Eastern Player of the Week
JONQUEL Jones of the Connecticut Sun and Candace Parker of the Los Angeles Sparks were yesterday named the WNBA’s Eastern and Western Conference Players of the Week respectively, for games played June 12-18.
Sea Bees meet is buzzing
WITH the season winding down, the Sea Bees Swim Club provided the local swimmers with another opportunity to qualify for the Bahamas Swimming Federation’s annual Royal Bank of Canada National Swimming Championship.
Regional insurer in acquisition deal
A pan-Caribbean insurer with a Bahamian subsidiary yesterday confirmed that Peak Reinsurance Company has agreed to acquire 100 percent of the group subject to closing conditions and regulatory approvals.
Failed broker: $9.7m hangs in the balance
A successful winding-up of Owen Bethel’s Montaque Capital Partners is dependent on recovering $5.35 million owed by the insolvent Bahamian broker/dealer’s clients and affiliates, plus the fate of $4.3 million being claimed by a Canadian provider.
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.
