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BFSB elects new Board to confront challenge

The Bahamas Financial Services Board (BFSB) has elected its Board of Directors for 2014-2016, as the industry confronts opportunity as well as challenges.

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St Fort, Coleby shine in Japan

MARK St Fort and Kadeem Coleby produced different results for their respective teams as Niigata Albirex and Akita Northern Happinets continued competition in the Japanese Basketball League’s B1 Division over the weekend. Eighth ranked Niigata A defeated 10th ranked Hokkaido L 77-68 on Saturday. They outrebounded Hokkaido L. 43-29 including a 34-20 advantage in defensive rebounds.

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Comets edge closer to repeating as champions

The Queen’s College Comets are one step closer to repeating as BAISS Track and Field champions for the first time in history, but will have to fend off their rivals St. Augustine’s College Big Red Machine in order to do so.

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A diamond among island regattas

THE Cat Island Sailing Club will host its Diamond Jubilee Anniversary Regatta in New Bight from July 29 to August 1 as it honours one of the regatta co-founders, Godfrey Kelly.

Bahamas Showcase: Catamounts get 66-64 win over Norsemen

THE University of Vermont Catamounts made history, becoming the champions of the initial Bahamas Showcase with a 66-64 victory over the Northern Kentucky Norsemen.Most valuable player Trae Bell-Haynes, who finished with 19 points, canned the game-win

$80m Baha Mar funds may have been ‘killed’

The $80 million financing facility created by Sarkis Izmirlian to cover Baha Mar’s Chapter 11 operating expenses may have effectively been ‘killed at birth’ by the outcome of yesterday’s Supreme Court hearing, Tribune Business can reveal.

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Find Kenrika's killer

THE aunt of the teenage girl found dead Wednesday morning at Stokes Cabana in the Yamacraw area said her family is distraught over her murder. Police said shortly after 7am, they were alerted to the partially nude body of a female on a beach at the

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Three granted $60k bail on cocaine charges

TWO men and a woman were granted $60,000 bail in court yesterday after being accused of smuggling $1,000,000 worth of cocaine into the country through Bimini last weekend.

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Bain: ‘It was a new challenge in my life dealing with the pro players’

New head coach Norris Bain gave himself and the rest of his coaching staff a B grade after the Bahamas advanced in the FIBA AmeriCup and World Cup qualification round in Belize.

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FACE TO FACE: From humble beginnings to the NFL

When Edwin A Smith was a little boy growing up in Bain Town in the 1950s, there were great Bahamian athletes making it to the big leagues in baseball or track and field. So, little boys had much to aspire to if they wished to become a professional athlete. But Ed, who spent his afternoons shooting marbles, flying kites, playing stick ball, wrestling, or swimming on Long Wharf beach during the summers, had no idea at the time he would one day make Bahamian history as the first to go pro in an entirely different sport.

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Whylly and Hurricanes one game away from a perfect regular season

ROOSEVELT Whylly and the Holland College Hurricanes are now one game away from a perfect regular season record while Samson Cleare set an all-time rebounding record for the NAIT Ooks in Canadian Collegiate Athletic Association basketball.

All ‘milestones’ come Aliv for mobile player

The Bahamas’ second mobile operator said yesterday it had met all “milestones and obligations” for cellular coverage and infrastructure roll-out as required by its license, its sales and marketing head arguing it has “the best network in the Caribbean”.

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Minnis: Crime consultants failing

FORMER Prime Minister Dr Hubert Minnis yesterday criticised the Ministry of National Security’s consultants on their “ineffective” performance in helping to address the country’s crime problem, saying the workers are “receiving the people’s money” but are not producing the desired results.

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Strikers pack a punch

COACH Ronn Rodgers was quite pleased with the performances of his Strikers Boxing Club as they won two of their three matches against the visiting team of boxers from New York at the Enoch Backford Auditorium on Saturday.

Cable: URCA regulations ‘impede’ mobile roll-out

Cable Bahamas has warned that the Utilities Regulation and Competition Authority’s (URCA) own infrastructure sharing regulations will prevent the winning mobile bidder from meeting the Government’s “ambitious” network roll-out targets.

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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.

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PM seeks to cut debt to 50% of GDP this term

PRIME Minister Philip “Brave” Davis says his goal is to reduce the country’s debt to gross domestic product ratio from 82 percent to at least 50 percent by the end of this term.

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Former Speaker Ingraham dies at 82

FORMER House of Assembly Speaker Oswald Ingraham died on Monday at the age of 82.

Turnquest queries Budget’s ‘trickery’

The Opposition’s deputy leader yesterday questioned whether there was “some trickery” in the Budget numbers for the current and future fiscal years, noting that recurrent spending actually exceeded projections for 2014-2015.

Gov’t: Inflation did not drive VAT revenue rise

Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.