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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.

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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.

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THE PRESS BOX: Some of the latest Draft rumblings from Cowboy ranch

AFTER a fast and furious and, more importantly, successful second week in NFL free agency, the Cowboys aren’t done yet. • Here’s some of the latest rumblings, Draft and free-agent wise, straight from the ranch. WAIT THERE’S MORE Dallas is still

NPBA: Giants vs Rockets, Bucket vs High Flyers in Championships

BOTH championship matchups in the New Providence Basketball Association are all set and the quest for the 2018 title is down to its final series.The Commonwealth Bank Giants and Aliv Bucket Team advanced with wins on Wednesday night to conclude the s

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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.

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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.

Phenom Challenge: Bahamian 1-2 punch helps Defenders shine

THE Bahamian 1-2 punch of Deyton Albury and Garreth Edgecombe helped the Defenders 2020 to split their four games at the Phenom Challenge over the weekend in Rock Hill, South Carolina.

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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,

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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.

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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.

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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.

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Sports in brief

AFTER calling off its show that was to have returned to the Fish Fry at Arawak Cay, Champion Amateur Boxing Club will present “Saturday Night Live Boxing” at the Wulff Road Boxing Square 6pm Saturday November 9.

NPBA Opening night on Saturday

THE New Providence Basketball Association will be back in action this weekend to tip off its 2019-20 season.

Romad Dean on the rise in OSBA

ROMAD Dean continues his series of impressive performances in the second half of the Ontario Scholastic Basketball Association season.

Sports notes

THE top scorer in Financial Bowling League competition last night was Dwayne Ingraham of Best Deal Kirki Bar with a 533 high three game set. Runner-up MVP was Kevin B Williams of Strike Force with a 201 high game and a 528 second high set.Rashad McCardy of Davis & Co Moonlight Strikers downed the pins for a respectable 198 second high game.

Sports Notes

THE Bahamas Rugby Union is scheduled to kick off its 2015 Nassau Cup regular season with Buccaneers versus Baillou 4pm Saturday at the Winton Rugby Centre.

Yesterday’s referendum became a pawn to politics

NEW YORK Times’ op-ed columnist Frank Bruni, writing an appreciation of Cassandra Butts, President Barack Obama’s appointee as US Ambassador to the Bahamas, noted that she had been waiting for more than 820 days for confirmation in her post and was still waiting when she unexpectedly died on May 25.

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Honouring the passing of Sir Lynden

YESTERDAY, we, the PLP New Providence Women’s Branch of the Progressive Liberal Party, honour ed the legacy of the late Sir Lynden Pindling, marking the 12th anniversary of his passing.