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Insurer ‘re-lends’ $15m to offshore bank affiliate
BISX-listed Colina Holdings has taken a $15 million credit facility from FirstCaribbean International Bank (Bahamas) and re-lent it - on the same terms and conditions - to its offshore bank affiliate.
Foreign shippers ‘snoop around’ Nassau market
Foreign shipping carriers are continuing to “snoop around” and explore whether they want to enter the Nassau freight market, with Maersk facing some potential competition.
Downtown retail hails port winner as ‘what we need’
Bay Street merchants yesterday said Global Ports Holding’s $250m plan to redevelop Nassau’s cruise port is “exactly what downtown has needed for many years”.
Atlantis places renewable energy on 'front burner'
Atlantis will be “redirecting” its focus to renewable energy generation systems now that it has concluded its $1.9 billion debt refinancing, its top executive saying last week’s island-wide power blackout could not have happened at a worse time.
Munroe signals aim to speed up court cases
GOVERNMENT is seeking to reintroduce the Swift Justice programme to help speed up court cases, National Security Minister Wayne Munroe said yesterday.
NPBA All-Star Classic set for AF Adderley gym on Friday
AFTER posting their activities a week ago, the New Providence Basketball Association has confirmed that the Godfrey McQuay All-Star Classic is now set for Friday night at the AF Adderley Gymnasium with two additional events included in the package.
SPORTS NOTES
THE Bahamas Association of Independent Secondary Schools is slated to begin its best-of-three softball championship series today, but instead of playing at Freedom Farm, they will use the various high school home fields.• Here
Grand Bahama teams are ready for hardwood
AS the action starts to heat up in the 30th Hugh Campbell Basketball Classic, there are two things that the fans usually look forward to - playing in the mystique of the AF Adderley Gym and watching the Freeport teams in action.
Sports notes
THE Scottsdale Vixens and the Technicians have both taken commanding 2-0 lead in their New Providence Volleyball Association’s best-of-five championship series on Wednesday night at the DW DAvis Gymnasium.
COVID mask deterrent ease for cruise tourists
The Government’s COVID enforcers have eased the mask-wearing mandate for cruise ship passengers as vessel occupancy for Nassau berths hit a post-pandemic record of 91 percent last Friday.
New Era Gym Rats win GBABA title
THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.
Banks to ‘double’ VAT recovery.... to just 10%
The Bahamian banking industry is hopeful it might be able to recover ‘double’ the amount of Value-Added Tax (VAT) inputs than previously thought, as one institution yesterday revealed its total tax burden will increase by $6-$7 million in two years.
Bad weather cancels as many cruise calls as COVID’s Omicron
Nassau Cruise Port’s top executive yesterday said it has lost more vessel calls to bad weather than the COVID Omicron variant with berth bookings “very solid” for the remainder of 2022.
SPORTS NOTES
THE New Providence Basketball Association resumed its regular season action at the AF Adderley Gymnasium on Wednesday night after taking a break for the 35th Hugh Campbell Basketball Classic for senior boys.
Mixed fortunes for Bahamian pro basketball players in Europe and South America
This week produced varying results for Bahamian pro basketball players as their postseason runs continued in their respective leagues throughout Europe and South America.
Temple Christian Suns are national track & field champions
FOR the third consecutive year, the Temple Christian Suns emerged as the champions of the Ministry of Youth, Sports and Culture’s annual Frank ‘Pancho’ Rahming National Primary School Track and Field Championships at the Thomas A Robinson Track and Field Stadium.
DELTA VARIANT NOW AT LARGE: Health officials confirm feared version of virus has been detected here
THE highly contagious Delta variant is the predominant strain in The Bahamas, the Ministry of Health confirmed yesterday, after getting back genomic sequencing results from samples sent to a laboratory in Brazil.
NPBA: YES, Commonwealth Bank Giants are undefeated
YOUR Essential Store (YES) and Commonwealth Bank Giants are both still undefeated in the New Providence Basketball Association.Coming off the Christmas break, the Giants highlighted NPBA action Saturday night as YES pounded the Triple K Stampers 105-
COB Caribs are all set for the Florida National University Basketball Classic
AFTER reeling off their last three games in the New Providence Basketball Association, the COB Caribs are hoping that their men’s basketball team will have as much success in their three-game series in the Florida National University’s Basketball Classic this weekend in Miami, Florida.
Suns finish off Pelicans in Game 6
NEW ORLEANS (AP) — Chris Paul has accomplished so many things in his 17 NBA seasons that it's nearly impossible to rank his Mount Rushmore moments.
