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Making Hstory: Bahamas defeats USA 5-4, expects jump in world rankings
THE Bahamas defeated the United States of America in beach soccer for the first time in the country’s history.
GBPA wants evidence of govt claims over debts
THE Grand Bahama Port Authority defended its management of Freeport yesterday after Prime Minister Philip “Brave” Davis criticised its performance, saying increasing bureaucracy and red tape from the government have held the island back.
Mega Malt basketball camp ‘was a resounding success’
OLYMPIAN Frank Rutherford, with the help of two of his former native basketball recruits Lashann Higgs and Winslow Barry Jr, hosted another successful Mega Malt Basketball Camp and Clinic.
Shaping tennis diamonds at BLTA’s ‘Play Tennis Bahamas’
THE “Play Tennis Bahamas” programme resumed on Saturday at the National Tennis Centre where kids ages five to 17 years old were instructed in tennis.
Is Tesla a car maker or a tech company?
ActivTrades
Being the world’s richest man is not for everybody. It takes a blend of determination, hard work and talent.
Development Bank aided by $20m NIB bond switch
Some $37m in Bahamas Development Bank (BDB) bonds held by the National Insurance Board (NIB) were converted into a long-term 20-year loan as the lender’s solvency deficiency rose to $13.629m at year-end 2020.
‘Stay vigilant’ over two new COVID variants
A PAN American Health Organisation official has urged countries to remain vigilant in light of the emergence of two new fast spreading variants of COVID-19.
NIB reserves ‘in a state of decline’
THE National Insurance Board yesterday said its reserves are in a state of decline because the amount of benefits paid out annually have exceeded the incoming contributions since 2016.
Electric cars are a risk of electrocution
In the 2022/2023 Budget Communication, Prime Minister Philip Brave Davis announced that his government will reduce the duty rate on electric vehicles valued under $70,000 to 10 percent.
Top squash players to hit the walls swinging
THIRTY local squash players are set to compete in the inaugural Four Walls Squash Open Championship tournament, starting Wednesday at Four Walls Squash and Social Club.
Carbon bill ‘first step’ in bringing payments
PRIME Minister Philip “Brave” Davis said yesterday that the Climate Change and Carbon Market Initiatives Bill 2022 is his administration’s first step in securing carbon credit payments for The Bahamas.
Raising the rates for NIB
So, PM Davis will not increase the level of NIB Contributions although the experts, the IMO actuaries say NIB must have higher contributions and experts for 10 plus years have been telling Government it is a must..
‘Scumbags’ hit Robin Hood re-opening with $30k theft
Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.
$20m dividend to double Gov’t’s BTC return in 12 months
THE Bahamas Telecommunications Company (BTC) has almost doubled the Government’s return on its 49 per cent minority stake in 12 months, its chief executive yesterday saying the company was forecast to pay the Christie administration a further $20 million in dividends this year.
Shareholders hear positive report on Commonwealth
MORE than 250 Commonwealth Bank shareholders filled the ballroom at SuperClubs Breezes, Cable Beach for the Bank’s annual general meeting to hear a positive report
City Markets name 'should have died'
THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson family "should have let the name die" when they acquired the 78 per cent majority stake back in 2010.
Davis working his way back to NBA D-League
By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net BENNET Davis continues to remain afloat on a basketball circuit on the other side of the globe as he works his way back to the NBA D-League and ultimately a shot in the NBA. Davis has spent the
Lawyer E Dawson Roberts dies age 85
PROMINENT Bahamian lawyer E Dawson Roberts died at 11am yesterday at his Eastern Road home. He was 85. Mr Roberts was a direct descendant of Loyalist Wyannie Malone, who founded Hope Town, Abaco, in 1783 after moving from Charleston, South Carolina.
AG: ‘Potential $900m per year in carbon credits’
THE potential revenue from carbon credits for The Bahamas could reach as much as $900m a year, according to Attorney General Ryan Pinder at yesterday’s RF Outlook 2024.
Good start
ActivTrades
Strong big-tech balance sheets lifted Wall Street into positive territory at the end of last week. However, disappointment over the latest US labour market report limited gains.
