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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.
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.
$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 accused of unlawful sexual intercourse with pre-teen girl
A 24-year-old man was imprisoned after being accused of molesting a 12-year-old girl four times last year.
NPBA Finals: Discount Distributors Rockets win Division One title
THE Discount Distributors Rockets added another chapter to their long-standing rivalry with the Commonwealth Bank Giants in division one play.
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.
Lodge owner ‘can’t deal’ with BPL power outages
South Andros and Mangrove Cay residents yesterday urged the Government to “put their foot on BPL” after a 24-hour power outage knocked out all the area’s utilities and Internet service.
Man charged with having two firearms granted $8,500 bail
A MAN was granted $8,500 bail after he was allegedly found with two firearms over the weekend in New Providence.
Man charged with armed robbery of $15k jewellery
A MAN was sent to prison yesterday after he was accused of robbing someone at gunpoint of over $15,000 in jewellery.
SAC sweeps two divisions at flag football high school tourney
THE St Augustine’s College (SAC) Big Red Machine swept both divisions at the second edition of the Bahamas Youth Flag Football League (BYFFL) High School Tournament over the weekend.
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.
Man found with loaded gun granted bail
A MAN was granted bail after he was accused of having a loaded gun in New Providence last month.
BTC sponsors Blake Bartlett for World Relays
FOR the first time in its history of supporting sports, BTC is excited to announce that an employee is a member of the athletic team participating in the BTC World Relays Bahamas 24 May 4-5 at the Thomas A. Robinson National Stadium.
A bit of Charisma will get you everywhere
IN a Nassau church 24 years ago, Charisma Taylor’s mother heard a sermon on charisma, which the pastor described as the “giftings of the spirit.” The sermon struck a chord, and a few months later, out came a baby girl named after it. From day one, Charisma was graced with the name of a star, her mama’s winning smile, and a loving family. Only time would tell how this movie played out.
Civil society: The cornerstone of democracy and progress
IN its broadest sense civil society is all the people, places, and things functioning in a civilised society.
