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Fidelity targets $25m annual profits despite 2022’s miss
Fidelity Bank (Bahamas) is targeting $25m in net profits for 2023 despite failing to achieve the same goal last year, its top executive revealed yesterday.
TRUDEAU PLEDGE ON AID TO HAITI – Canadian PM also promises climate change funding
AS he addressed regional leaders at the 44th CARICOM Heads of Government Meeting, Canadian Prime Minister Justin Trudeau yesterday pledged to offer $44m in funding to aid Caribbean countries in the fight against climate change, while also unveiling his nation’s plans to help bring stability to Haiti.
GSSSA champions crowned
CI GIBSON RATTLERS SENIOR BOYS VICTORIOUS, CH REEVES RAPTORS JUNIOR GIRLS WIN TITLE
The CI Gibson Rattlers and CH Reeves Raptors have regained bragging rights as the senior boys and junior girls champions in the Government Secondary Schools Sports Association’s best-of-three basketball championship series.
Sports Notes
THE New Providence Volleyball Association will begin its best-of-five championship series at the Anatol Rodgers Gymnasium on Sunday.
Owls stop UB Mingoes 77-71 in North Miami
THE University of The Bahamas Mingoes stayed close with the Florida Palms University Owls and led by as much as nine points in the Skinner Classic action Wednesday in North Miami.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
Dog chases off a 12-foot hammerhead shark
A remarkable video circulating on social media shows a dog chasing off a 12-foot hammerhead shark.
ARRESTS AT CARICOM: Lincoln Bain detained during Baha Mar protest, Tribune reporter’s phone taken by police officer
POLICE arrested activist Lincoln Bain as he and his supporters tried to demonstrate outside Baha Mar where regional leaders were gathered ahead of CARICOM meetings.
Rattlers win opener
SENIOR BOYS EARN 58-49 WIN OVER T-WOLVES, KNIGHTS BEAT CI GIBSON SENIOR GIRLS 47-46
After his senior girls got stunned by one point by the CR Walker Knights, CI Gibson Rattlers coach Kevin ‘KJ’ Johnson made sure his senior boys didn’t go down in the opening games of the Government Secondary Schools Sports Association’s best-of-three championship series.
More sponsors for the CARIFTA games
THERE will be plenty to drink and lot of fireworks to watch at the 50th CARIFTA Games, thanks to the sponsorship of Drifters and Fireworks Unlimited.
Poultry farmer’s eight year land wait persists
AN ABACO poultry farmer was yesterday still waiting for the Government to give him ownership of his property despite the transaction being verbally approved by the Prime Minister.
NIB staring at $95m loss as pension deficit builds
A Cabinet minister yesterday warned the National Insurance Board (NIB) will lose $95m this year unless contribution rates are raised with the pensions branch alone incurring a monthly $4m deficit.
NIB fund on course to lose $95m this year
MYLES LaRoda, minister of state with responsibility for the National Insurance Board (NIB), warned that if there is no raise in the contribution rate this year the National Insurance fund will lose $95m.
John Kerry: US ‘delegation here to listen’
UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.
Championship time
The Anatol Rodgers Timberwolves, CR Walker Knights, SC McPherson Sharks and the HO Lions got the job done in their sudden death playoff games yesterday at the Kendal Isaacs Gymnasium to book their tickets to the Government Secondary Schools Sports Association’s best-of-three championships.
Finally! Hugh Campbell Classic returns
AFTER a two-year hiatus due to COVID-19, the AF Adderley Junior High School will be bringing back the prestigious Hugh Campbell Basketball Classic with all games being played at the Kendal Isaacs Gymnasium.
Turks and Caicos and The Bahamas celebrate long-standing connection
PRIME Minister Phillip “Brave” Davis celebrated The Bahamas and Turks and Caicos’ long-standing friendship, saying both countries have shown cooperation and support to each other.
Ex-PM backing four lanes ‘all the way to Lyford Cay’
A former prime minister yesterday backed research calling for a four-lane highway to be constructed between the airport and Old Fort Bay to ease escalating traffic congestion in western New Providence.
Bahamas National Trust promotes ‘conchscious conchservation’
THE Bahamas National Trust is calling all Bahamians for preservation, moderation and “conchscious conchservation” as they yesterday premiered a documentary at Baha Mar highlighting conservation efforts in East Grand Bahama.
SEBAS EYES $200M INVESTMENT IN HOTEL: Project set to create over 500 jobs when done
Sebas Bastian’s Brickell Management Group is entering the resort industry with a 226-unit condo hotel as part of a $200m western New Providence development set to create over 500 full-time jobs at completion.