Latest stories

Student debtors still won’t pay up

THE Education Loan Authority is considering an “extensive analysis” of all remaining delinquent student loans to determine “how much is still owed”, according to chairwoman Miriam Emmanuel.

Super Value chief eyes 2/3 VAT collection slash

Super Value’s owner yesterday predicted that the supermarket chain’s VAT take will be slashed by two-thirds once the “breadbasket” food exemptions take effect on August 1.Rupert Roberts, pictured, told Tribune Business that the government will have t

Attorney considers Privy appeal on $120k verdict

A Bahamian attorney yesterday said he plans a Privy Council appeal, costs permitting, over a verdict reaffirming that he must pay $120,000 to a pair of foreign investors.Andrew Allen, son of former finance minister Sir William Allen, told Tribune Bus

DPM's 'social unrest' fear over govt spending cuts

The government will spark “social unrest” if it cuts public spending too rapidly and deeply, the deputy prime minister has warned, as he attacked “ridiculous” pre-election job contracts.K Peter Turnquest, addressing the Rotary Club of Old Fort on Wed

Govt mulling over adding property tax on light bills

The government is forecasting a three percent inflation increase this year as a result of the VAT rate hike, and examining whether to collect real property tax by adding it to light bills.KP Turnquest, the deputy prime minister, in an address to the

Bahamas trade deficit over $3bn

The Bahamas’ annual trade deficit expanded by 19 percent to over $3bn in 2017, as this nation’s merchandise import bill expanded by more than $500m.The Annual Foreign Trade Report, released this week by the Department of Statistics, revealed that imp

Land ownership woes exacerbating poverty

Land ownership challenges are exacerbating poverty in a country where one in six Bahamians are thought to suffer from “chronic hunger”, the government’s report to the United Nations (UN) reveals.The just-published report measuring The Bahamas’ progre

BAMSI hosts 50 teens on summer programme

The Bahamas Agriculture and Marine Science Institute (BAMSI) hosted almost 50 teenagers as part of its annual Summer Education Enhancement Discovery Series (SEEDS).The campers learnt about various food sources grown and harvested in The Bahamas. For