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Commonwealth hails $63.5m profit amid 91% claw back fall
COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.
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NPBA President: We have a lot of work to do
A LITTLE over a week ago the New Providence Basketball Association (NPBA) postseason ended with the Discount Distributors Rockets crowned as champions.
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DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
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CARIFTA TV payment cut in half on contract breach
An upfront $50,000 cash payment related to broadcasting rights for last year’s 50th CARIFTA track and field championships was cut by 50 percent after organisers breached the contract.
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Minister’s $185k CARIFTA ‘surplus’ came from 360% subsidy overshoot
A Cabinet minister yesterday asserted that last year’s CARIFTA games generated a $185,503 “net surplus” even though this was only made possible by a taxpayer subsidy over four times’ higher than budgeted.
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Comets, Hurricanes repeat as junior soccer champions
The junior portion of the Bahamas Association of Independent Secondary Schools Sports (BAISS) Soccer Championships is officially in the books.
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$7m overspend on sports events
BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.
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Restaurant soars thanks to TikTok star
A BAHAMIAN in Toronto, Canada, has seen her customer base triple since well-known food critic Keith Lee raved about her restaurant, Old Nassau, on TikTok.
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$100m ‘dream team’ pitched as GBPA confrontation alternative
A LONG-STANDING Freeport licensee yesterday unveiled a $100m investor and management “dream team” alternative to the Government’s “ugly confrontation” with the Grand Bahama Port Authority (GBPA).
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Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
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Bakery reveals record Easter hot-cross sales
A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.
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‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
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INSIGHT: Game on for FNM...but will party make most of convention?
The FNM has named the date for the convention that should take it through to the next election.
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Residents voice objections to new PI resort proposal
RESIDENTS last night argued that plans to transform the former Paradise Harbour Club site into a seven-storey hotel represent an “overdevelopment” that will impact quality of life and devalue their properties.
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FOCOL targets wide growth in ‘preparing for the next 50 years’
FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”
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Mingoes pick Baha Jrs apart with 10-0 win
THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.
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PM says divorce is a solution for marital rape
GIVING no firm indication that his administration will criminalise marital rape, Prime Minister Philip “Brave” Davis suggested yesterday that divorce is the solution for women who believe their spouse has raped them.
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One-month tax certificate to halt ‘bush crack, man gone’
Bahamian tax authorities yesterday asserted they have “learned from our mistakes” as it emerged companies with outstanding bills are only being issued with tax compliance certificates valid for one month.
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Government’s indifference over inequality and rights
THE latest ridiculous statement by the prime minister quickly made the rounds at the end of last week, drawing responses indicative of disbelief, annoyance, and confusion.
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FRONT PORCH: The failure to civilise new generations
A gnawing grief seized the family and friends of former Member of Parliament and Deputy House of Assembly Speaker, Don Saunders, following his murder during an armed robbery