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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.
Sprinter Wanya McCoy ‘making the adjustment’
The decision to switch from playing basketball to running track as a high school student who moved from Doris Johnson to Queen’s College, from competing in the 400 metres to the sprints and transferring from Clemson University to the University of Florida, has paid off big dividends for Wanya McCoy.
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.
‘Fantastic opportunity’ given Bahamas in UK tax change
Realtors yesterday argued The Bahamas has “a fantastic opportunity” to exploit changes in UK tax law by attracting hundreds of ultra wealthy individuals and their families to domicile in this nation.
Insurer eyes ‘beyond Caribbean’ expansion despite $3m profit fall
A Bahamian insurer yesterday revealed it is targeting expansion beyond the Caribbean after overcoming a more than $3m net income drop as catastrophe costs “increased over 50 percent”.
$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.
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.
Man pleads guilty to causing harm to woman fined $500
IN court a man was ordered to compensate a woman after he admitted to attacking her last week.
'Operation United Force' nets weapons, drugs and a dozen arrests
A joint operation with local and international authorities targeting high-crime areas and prolific offenders in Abaco led to a dozen arrests and the seizure of two firearms today.
Realtor holds double Briland showing
A Bahamian real estate firm says it hosted a Harbour Island first by staging a double open house on May 2, 2024.
Man ordered to pay fine for indecent assault of woman
A MAN was ordered to financially compensate a woman after he admitted to accidentally touching her face while taking a selfie last weekend.
GB medical school’s $25m expansion to give 200 jobs
A Grand Bahama medical school says its imminent $25m expansion will create 200 construction jobs as it dismissed a legal battle with its co-founder as “a distraction”.
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.
Athletes make their presence felt in US over weekend
SOME of the athletes who were unavailable to compete for Team Bahamas in the BTC World Relays Bahamas 2024 in New Providence were making their presence felt in various meets in the United States over the weekend.
Firefighters battle blaze on Joe Farrington Road
A FIRE that erupted on a scrap metal yard on Joe Farrington Road yesterday morning set derelict vehicles ablaze and sent smoke billowing into the air for much of the day.
Red-Line Athletics’ inaugural Field Events Classic on Saturday
WITH the tremendous success being achieved by the field competitors, as opposed to the track athletes, the Red-Line Athletics Track Club has decided to award them for their efforts.
Concacaf Nations League: Senior men’s national soccer team set to play in Group A of League C
THE Bahamas senior men’s national soccer team was drawn into Group A of League C for the upcoming windows of the 2024-25 Confederation of North, Central American and Caribbean Association Football (Concacaf) Nations League matchups.
‘Vexatious litigation’ delayed rescue of starving dolphins
AGRICULTURE and Marine Resources Minister Jomo Campbell defended government’s efforts to rescue five dolphins from Blackbeard’s Cay.
