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‘Walk and chew gum’: Subsidies, debt cost $938m
The Bahamas “must walk and chew gum” on its fiscal and economic revival, a leading banker has warned, with $938.5m - one third of government spending - taken up by debt and subsidy costs.
Bank chief slams ‘selfish’ education loan deadbeats
The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.
CHARGED: Dorsett faces nine counts
FORMER Environment and Housing Minister Kenred Dorsett appeared in Magistrate’s Court yesterday accused of using his former ministerial position to extort and solicit $120,000 in bribes from Johnathan Ash.
Bahamian players shine in the Euro Basket
MIKE Carey and Zane Knowles notched their long awaited first win of the season for Étoile Charleville-Mézières to highlight Bahamian pro basketball players in leagues across the globe over the holidays.
Moss, Armbrister turning heads on the hardwood
BAHAMIAN female basketball players at the collegiate level have had an immediate impact with their respective clubs, winning a series of early season accolades.
Giants at the double
The New Providence Basketball Association championship series continued in both Division I and Division II.
Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance
The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.
Rolle reveals 85 officers in quarantine
COMMISSIONER of Police Paul Rolle revealed yesterday around 85 police officers are in quarantine while one officer has been disciplined for breaching confinement.
Knicks rally to beat Buddy Hield and Pacers for 7th straight victory
INDIANAPOLIS (AP) — Jalen Brunson scored 30 points, Julius Randle made six free throws in the final minute and the New York Knicks beat the Indiana Pacers 109-106 yesterday for their NBA-best seventh consecutive victory. The 19th and final lead change came in the final minute, when Randle made two foul shots with 45.6 seconds remaining for a 105-104 lead. After the teams exchanged turnovers, Randle hit four more free throws in the final two possessions. The Pacers missed a shot from just inside half-court at the buzzer. Buddy Hield and Aaron Nesmith each had 23 points for Indiana. Tyrese Haliburton and Bennedict Haliburton each added 15.
Port suffers 40% May volume fall
Nassau’s main commercial shipping port yesterday predicted it will suffer a “flat” 2020 full year after container import volumes for May to-date dropped by around 40 percent compared to the prior year.Dion Bethell, Arawak Port Development Company’s (
Buddy Hield projected as late 1st round pick for 2015 Mock Draft
MANY pundits expected Buddy Hield to have a breakout season as a sophomore last year, and after meeting those expectations, the bar has been raised once again for the Bahamian lead guard headed into his junior year.
CARIFTA MEDAL RUSH
WITH a smaller team, the Bahamas regained its second place behind powerhouse Jamaica as the Silver Jubilee CARIFTA Games came to a close last night in St Kitts and Nevis.
MOXEY: STAFFORD SANDS BROKE THE STRANGLEHOLD OF WHITE RETAILERS
WHEN you enter the drawing-room of former parliamentarian Ed Moxey you know you’re entering into the space of a man who is at heart an archivist and a lover of history.
Bahamas 'co-opts' Canada practices
A Canadian executive spoke to more than 100 Bahamian co-operative and credit union members this month as part of the Department of Co-operative Development’s 40th anniversary celebrations.
Japan trio all in action - but with mixed results
The trio of Bahamian players in the Japanese B-League were all in action over the weekend with mixed results for their respective teams.
Bahamasair to spend $9.3m on aircraft maintenance
BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.
Magic rally in 2nd half to beat Heat 104-98 in overtime
By KYLE HIGHTOWER Associated Press ORLANDO, Fla. (AP) -- Dwight Howard had 24 points and 25 rebounds, Jameer Nelson scored 25 points, including 12 in the fourth quarter and overtime, and the Orlando Magic came back to beat the Miami Heat 104-98 last night
Sports news
THE Bahamas Rugby Union is scheduled to continue its Heineken Cup regular season at the Winton Rugby Centre 3pm Saturday when the Buccaneers take on Freeport. The early kick off is because Freeport has to catch a 6pm flight back to Grand Bahama.
Sports Notes
JACOBI Bain, playing in the prestigious 2015 Eddie Herr International Championships, advanced to the quarter-finals with a 7-6 (6), 7-5 win over Tomas Moretto of Argentina. He will go on to play No. 13 seed Maximo Lucentini Sanchez of Argentina 8am today.
‘Some progress’ on Baha Mar resolution
Negotiations over the stalled $3.5 billion Baha Mar project have made “some progress on the way forward” towards a commercial resolution, Tribune Business has been told.
