March 7, 2024
Prime Minister Philip “Brave” Davis. Photo: Dante Carrer
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BPL ‘could be divided into three’
PRIME Minister Philip “Brave” Davis confirmed that Bahamas Power and Light (BPL) could be divided into three separate entities as the government aims to improve power efficiency and reduce BPL’s outstanding debts.
PM: Bahamas must avoid ‘pitfalls of past’ over FATF
The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.
PM: 'Why do you want to describe rape?'
PRIME Minister Philip “Brave” Davis questioned on Friday whether it was necessary to "describe rape" in response to criticism over the stalled pace of legislation to criminalize marital raped.
INSIGHT: How long until we feel govt’s spending?
THE pockets of the people have been hit with quite a toll in recent weeks. It would be nice if we could see government reining in spending to ease the pain.
Diamond depository deal would help ensure Botswana not ‘held hostage’ by global north
PRIME Minister Philip “Brave” Davis elaborated on his hopes of turning Grand Bahama into a depository for diamonds from Botswana during the closing press conference of his trip.
GOVT SEEKS TO EASE FEARS OF 26.3% NIB: PM’s Office responds to concerns contributions ‘like income tax’ by 2044
The Prime Minister’s Office last night sought to quell fears that the total National Insurance Board (NIB) contribution rate will hit 26.3 percent in 2044 and become “equivalent to an income tax”.
PM: ‘Fundamentals’ of BPL deal now agreed
THE Prime Minister last night said “the fundamentals of the deal” to outsource Bahamas Power & Light’s (BPL) management are agreed amid pledges the deal will take the utility to a “gold standard”.
PM’s ‘line in the sand’ on wealthy tax evaders
THE Prime Minister yesterday doubled down on his pledge of no “new taxes that will directly impact Bahamian families” while asserting that the Government has “drawn a line in the sand” on tax evaders.
‘Top-Up Tax won’t directly affect Bahamians’
PRIME Minister Philip “Brave” Davis said the corporate income tax his administration will introduce would not directly affect Bahamian-owned ventures, but would generate $140m per year in government revenue.
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