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Flamingos Women’s Golf Club 242 hosts its inaugural 18 hole scramble golf tournament at Baha Mar’s Royal Blue Golf Course
THE development of women’s golf is making headway led by the Flamingos Women’s Golf Club 242.
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Steven Gardiner Senior Male Athlete of Year
IN a year where we’ve had some extraordinary performances by players on their various international teams, Steven Gardiner managed to prevail above them all with his Olympic gold medal to earn The Tribune Sports’ 2021 Male Athlete of the Year.
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BOB: Unleash us for commercial lending
Bank of the Bahamas’ managing director is urging the Central Bank to “level the playing field” by removing the restrictions imposed on its commercial lending in the wake of its near-collapse.
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Bahamians set school records at NEC swim and dive
BAHAMIAN student athletes figured prominently in Howard University’s record-setting performances at the Northeast Conference Swimming and Diving Championships.
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Kalik maker: Product shortages ‘inevitable’
Kalik’s manufacturer has continued to warn that product shortages and price hikes are “inevitable” due to continued supply chain disruptions post-COVID despite generating $1.3min profits for the 2022 first quarter.
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‘Too many taxi plates will hurt elderly’ warns union chief
The Bahamas Taxi Cab Union (BTCU) president says the elderly are suffering due to the 200 percent increase in the government’s taxi plate giveaway and many will “cry out” this coming September.
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Inflation jumps five-fold to back PM’s warning
The Central Bank yesterday revealed that annual inflation for the year to June 2022 increased almost five-fold compared to the previous 12 months to give a stark indication of the cost of living crisis facing many Bahamian families.
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Cable targets $80m New Providence fibre roll-out
Cable Bahamas plans to invest $80m over the next two-three years on rolling out its New Providence fibre-to-the-home network, its top executive has revealed.
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FINCO chief warns on low growth ‘challenge’
FINCO’s chairman has warned shareholders it will “continue to be challenged” with low growth and credit losses despite a more than four-fold increase in net income to $39.235m for the 2021 financial year.
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Taxi plates
Taxi plates...did I hear right immediately some 50, but eventually some 200?
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Man freed from prison damaged sister’s car
A MAN was ordered to serve 200 hours of community service yesterday for damaging his sister’s car, barely six months after his release from prison following a ten-year sentence for armed robbery.
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BOB chief: ‘Formula we don’t really want’
Bank of The Bahamas’ managing director says a shrinking loan book, combined with rising deposits and cash, is “a formula you don’t really want” for sustained long-term profitability.
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Central Bank: Inflationary pressure to be ‘contained’
The Central Bank yesterday forecast that “inflationary pressures will remain contained” while The Bahamas’ foreign currency reserves will close 2022 above “international benchmarks”.
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Brewery succeeds in $1.2m tax challenge
Commonwealth Brewery has revealed it successfully challenged a $1.156m tax demand by the Government and is now awaiting its response to the arbitration ruling.
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$800 fine for marijuana
A MAN caught with more than $200 worth of marijuana must pay $800 to avoid spending three months on remand.
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Man found guilty of stealing parts
A MAN was found guilty by a magistrate yesterday of stealing $1,800 worth of car parts from a woman's car and also causing $200 damage to the same vehicle.
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Governor targets loan delinquency ‘under 5%’
The Central Bank’s governor yesterday said he is targeting a commercial bank loan delinquency rate of “less than 5 percent” as some institutions push for an easing of lending restrictions.
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Vehicle theft claims ‘out of the ordinary’
A Bahamian insurer says an “out of the ordinary” increase in motor vehicle theft claims was among the principal factors why it missed profit projections for 2021.
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Man denies series of Paradise Island thefts
A MAN was charged in Magistrate’s Court yesterday in connection with a series of thefts on Paradise Island that included over $5,000 worth of smart TVs and almost $200 worth of alcohol.