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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.

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.

Up to 25 years jail for gang members in proposed law

LONG-AWAITED anti-gang legislation was tabled in the House of Assembly yesterday - with gang members facing up to 25 years in prison.

‘You can’t be ungrateful’ over 25 cent bus fare rise

TRANSPORT and Energy Minister JoBeth Coleby-Davis told bus drivers at a hall meeting last night “you can’t be ungrateful” over the 25 cent rise in adult bus fares.

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.

$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.

Man charged on five counts of incest for molesting his niece

A 25-YEAR-OLD man was remanded in custody yesterday after he was accused of molesting his underaged niece five times over the last two years.

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.

04252024 EDITION

Thursday, April 25, 2024

‘VJ’ Edgecombe and Donovan Freeman fall to east 88-86

BAHAMIANS Valdez “VJ” Edgecombe and Donovan Freeman took the court for the 2024 McDonald’s All-American Game at the Toyota Center in Houston, Texas on Tuesday.

Suicides down by 25 percent despite remarkable 86 percent rise in attempts

ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.

Bahamian group teams for growth in agriculture

A regional agriculture body has teamed with the Agricultural Development Organisation (ADO) of The Bahamas to promote the industry’s sustainable development in this nation.

Man charged with robbing a woman at gunpoint of $700

A MAN was remanded in custody yesterday after he was accused of robbing a woman at gunpoint earlier this month.

New Era Gym Rats win GBABA title

THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.

Father released after son pleads guilty to drug possession

A MAN was sentenced to nine months in prison on Friday after he admitted to having $1,600 worth of drugs last week.

Five charged with defrauding Water and Sewerage Corp, including two former employees

FIVE people, including two former Water and Sewerage Cooperation (WSC) employees, were granted bail yesterday after they were accused of defrauding WSC of tens of thousands of dollars from 2019 to 2020.

BTC slams ‘excessive’ $209,488 URCA fine

The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.

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.

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.

Three men charged on the murder of Renaldo Pinder

THREE men were behind bars yesterday after they were accused of killing a man last week.

The Tribune

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