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PwC: Governance failures will cost companies dearly

Companies could lose key staff, customers and investments if they fail to live up to environmental, social and governance (ESG) expectations, a Bahamian accountant said yesterday.

Bahamas on path to possible FIBA Basketball WCup 2023 qualification

THE Bahamas will learn its path toward a possible FIBA Basketball World Cup 2023 qualification today when the organisation hosts the Official Draw Ceremony.

Employers, unions unite on extra 90 furlough days

Employers and unionists yesterday both hailed the Government’s move to extend the furlough period by an extra 90 days amid concerns Atlantis may be readying for further lay-offs.

Burrows and Tigers finish 5th in U Sports Men’s Basketball Final 8

SHAMAR Burrows and the Dalhousie Tigers concluded their season with a fifth place finish overall at the U Sports Men’s Basketball Final 8.

Union chief: Workers not feeling tourism’s rebound

The hotel union’s president yesterday said industry workers were yet to feel the benefits from tourism’s post-COVID resurgence with “no higher than 40 percent” of his members recalled to work to-date.

NPBA Championships: Rockets sweep Giants

WHILE 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, the division II series between the Sun Oil Rockets and the Your Essential Store (YES) Giants will go right down to the wire in the fifth and deciding game.

‘Entrenched reduction?’: Bad loans down $22m

The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.

Toledo Rockets tip off ‘Nassau Championship’ with victory

THE Toledo Rockets opened a week of NCAA basketball at the inaugural Baha Mar Hoops with the first win in the series of tournaments.

90 percent of Virtual Junkanoo production team had COVID-19

YOUTH, Sports and Culture Minister Mario Bowleg revealed yesterday that 90 percent of the team contracted to produce a virtual Junkanoo show had COVID-19, which has affected the production.

One-third of dormant taxi plates ‘rescued’

One-third of the 90 dormant taxi plate holders have paid-off arrears owed to the Government within 48 hours of being warned they would otherwise lose these assets.

Men’s national basketball team members open seasons

SEVERAL senior men’s national basketball team members recently opened their respective seasons across various professional leagues in Europe and South America.

Gov’t moving to resolve confusion over furlough

The Government is moving to resolve potential confusion over the deadline for when employers must decide whether to recall COVID-furloughed workers, a senior official said yesterday.

‘90 taxi plates are inactive’

THE Ministry of Transport and Housing has revealed some 90 taxi plates are inactive.

Former PM Christie: Drop in voters is a concern

FORMER Prime Minister Perry Christie lamented the low voter turnout on Election Day, saying the reports have concerned him.

Furlough ‘frustration’: Workers want finality

A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.

Bahamas set to face Canada in FIBA World Cup 2023 Qualifiers

The Bahamas senior men’s national basketball team is set to return to action in less than two weeks when they face Canada in the first window of the FIBA World Cup 2023 Qualifiers.

Mixed fortunes for Bahamian pro basketball players in Europe and South America

This week produced varying results for Bahamian pro basketball players as their postseason runs continued in their respective leagues throughout Europe and South America.

Bahamas urged: Target 80% in next aviation safety audit

The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”

Atlantis ‘close to 90%’ occupancy in coming weeks

Atlantis will operate at “close to 90 percent occupancy” over the next few weeks, its top executive revealed yesterday, with all properties apart from the Beach Towers having re-opened post-COVID.

Income tax is ‘not on table’

A Cabinet minister yesterday said income tax is “not on the table” although he appeared to leave open the possibility of replacing Business Licence fees with a corporate version.

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