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Gas dealers: 50% margin rise to avoid Easter strike
Gas station operators are seeking a 50 percent margin increase and for its calculation to be based on a percentage, as opposed to a fixed amount, amid threats that up to 80 percent of them may strike this Easter weekend.
‘True fall-out’: Household loan defaults grow $58m
MORTGAGE and consumer loan delinquencies increased by $58m during October 2020 with a senior banker warning it may take five to seven years to recover from COVID-19’s “true fall-out”.
Rockets are NPBA Division 1 champions
THE Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants.
Buddy looks to improve his game for Kings
COMING off what he called “one of the best summers” of his life, Buddy Hield is poised to make improvements to his game and for the Sacramento Kings in the 2018-19 season.
S&P’s higher deficits on VAT ‘uncertainties’
Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.
Liquidator readies control plan for Alliance accounts
Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.
Rolle earns 3rd opportunity to represent Bahamas in the Pure Silk LPGA Classic
FOR the fourth year, professional golf teacher Georgette Rolle will get a chance to carry the Bahamian flag in the Pure Silk Bahamas Ladies Professional Golf Association Classic.
Baha Mar staff funds deposited
THE MONEY allocated to pay Baha Mar workers and unsecured creditors has been deposited by the Export-Import Bank of China (CEXIM), according to Claims Committee Chairman James Smith, who yesterday maintained that non-staff claims will be processed as “pay as you go until you run out”.
Jones and Foxes advance to semis in the Russian Premier League
JONQUEL Jones and her UMMC Ekaterinburg Foxes continue to steamroll the competition in the Russian Premier League and advanced to the semifinals after they opened the playoffs with a pair of dominant wins.
junior golfers tee off in Jamaica
TEAM Bahamas opened play at the 2018 Caribbean Amateur Junior Golf Championships yesterday as the event teed off at the at the Caymanas Golf and Country Club in Caymanas Estate, Jamaica.A roster of five boys and four girls will contest the tournament
Governor pledges to tackle private sector’s ‘pain spot’
The Central Bank’s governor yesterday pledged to tackle the “pain spot” suffered by many Bahamian companies over the difficulties encountered in opening bank accounts.
Ayton, Coleby take spotlight on basketball court
A HEALTHY version of Deandre Ayton’s Arizona Wildcats crept back into the top 25 while Dwight Coleby and his Western Kentucky Hilltoppers put an end to a two-game losing streak this weekend.Ayton finished with 14 points and a game high 13 rebounds in
Barracudas champions of Atlantic Medical Invitational
EVEN though they got some welcomed competition from the visiting Surf Side Ocean Academy Aquatic from the Turks and Caicos Islands, the Barracuda Swim Club still emerged as the champions of their Atlantic Medical Invitational.
Veteran educator Zelma Dean dies age 84
VETERAN educator and former director of education Zelma Dean died on Friday morning after battling an illness for a long time. She was 84 years old.
ALIKE BUT NOT THE SAME
Solutions vs resolutions
Although I am so much like I was last year and the year before, many things about me are no longer the same. Psalm 84 motivates me to go from strength to strength until I appear before God. Hopefully you see yourself growing the same way.
Gov’t to break $200m Treasury Notes mark
The Government is hoping to next week breach the $200 million mark for funds raised via its new Treasury Note security, with advisers confident the latest $25 million offering will be fully subscribed.
Gov’t targets $246m BEC reform ‘windfall’
The Government yesterday revealed a $246 million energy reform ‘windfall’ that will temporarily arrest the national debt’s increase, amid new revelations about BEC’s dire financial straits.
Crown Land renewable plan is ‘slap in the face’
The Opposition’s deputy leader yesterday described plans by the ‘new BEC’s’ manager to use Family Island Crown Land for solar farms as “a slap in the face to the Bahamian people”, while questioning the absence of a long-term business plan.
HUGH CAMPBELL: The Final Four
The final matchups are all set headed into championship night in the 33rd Hugh Campbell Basketball Classic.
Tourism ‘softness’ exposed with 7% room revenue fall
Tourism “softness” resulted in a 7 per cent year-over-year decline in peak winter room revenues for Nassau’s major hotels, with both occupancies and pricing coming under pressure.