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NIB to boost prosecution of delinquent employers

A Cabinet minister yesterday said the National Insurance Board (NIB) plans to prosecute more delinquent employers, and recover all contribution income due to it, amid projections that its $1.6bn reserve fund will be exhausted by 2028.

PM HITS BACK ON BREADBASKET VAT – while Watson claims tax reintroduction does not hurt consumers

PRIME Minister Philip “Brave” Davis told his predecessor yesterday to take his own advice, as he hit back over new criticisms levelled at his administration over its refusal to remove value added tax from breadbasket items.

Cat Islanders target July in airport revival proposal

Cat Island stakeholders are aiming to present a proposal to upgrade Arthur’s Town airport and other critical infrastructure to the Government by this July, it was revealed yesterday.

Super Value slashes inflation impact 20%

Super Value’s principal says he does “not expect” The Bahamas to be hit by the baby formula shortage afflicting the US, while the supermarket chain’s buying strategies have reduced food inflation’s impact by 15-20 percent.

‘TAX THE RICH’ – Minnis: Charge wealthy property buyers and scrap breadbasket VAT

FORMER Prime Minister Dr Hubert Minnis yesterday suggested that the government increase taxes on wealthy property buyers and eliminate value added tax on breadbasket items to alleviate the burden on struggling Bahamians.

Food authority warns on peanut butter recall alert

THE Bahamas Agricultural Health and Food Safety Authority has advised the public to be on high alert after a number of Jif Peanut Butter products were recently recalled in the United States due to concerns about potential salmonella contamination.

Private pilots: ‘Trust but verify on show stopper’

Private pilots plan to “trust but verify” pledges by Customs to ease clearance reforms that some argue could cost this nation up to 25 percent of its existing business if implemented in their original form.

‘Beyond time’ for key land reforms

It is “beyond time” for The Bahamas to reform a “precarious” land administration system where half of all privately-owned parcels were previously estimated to be in dispute, an attorney said yesterday.

Attorney concerned at sex registry operation

A NOTED attorney has raised concerns about the lack of information given to convicts about the sexual offender’s registry prior to their imprisonment.

Entrepreneur’s ‘shock’ over $15 lettuce price

A Cat Island entrepreneur yesterday revealed her “shock” when she discovered a local grocery store was selling lettuce for $15, saying: “The realities are striking.”

Minister hopeful of solution after sitout

EDUCATION Minister Glenys Hanna Martin said she was hopeful that teachers who staged a sit-out at Gerald Cash Primary School yesterday would find resolve overnight, noting students were already at a loss due to the COVID-19 pandemic.

Bahamas may ‘run out of runway’ for reforms

A Caribbean economist has questioned whether The Bahamas will “run out of runway” before key reforms “bear fruit” sufficiently to avert an economic and fiscal crisis.

Digital assets are no ‘silver bullet’ to rescue economy

A Cabinet minister and a member of the Government’s Digital Advisory Panel have both warned that digital assets are not a “silver bullet” that will rescue the Bahamian economy by themselves.

Bahamas urged: ‘Go back into the tourism business’

A prominent architect is arguing that The Bahamas must “go back into the tourism business for itself” to reverse the “dramatic drop” in its competitiveness versus faster-growing rival Caribbean destinations.

Abaco Chamber chief: ‘We’re in a scary time’

Abaco’s Chamber of Commerce president yesterday said The Bahamas and whole world are entering “a pretty scary time”, adding that the island was “just waiting for the other shoe to drop” when it came to further price hikes.

Insurers warn on ‘double digit’ auto repair increase

Bahamian insurers yesterday warned they are examining “high double digit increases” in auto repair costs to determine if an increase in motor vehicle premiums is justified over the medium to long-term.

‘No difficulties’ with South Ocean area casino licence

The deputy prime minster yesterday said a casino licence for the South Ocean area will have “no difficulties” in receiving approval from the Gaming Board (GB).

Bahamas First chair urges ‘exemption’ on insurance investing

Bahamas First’s chairman is urging the Government and Central Bank to give property and casualty insurers a “special exemption” to invest overseas and help improve their financial resilience to natural disasters.

World Bank urges schools to stay open

A WORLD Bank official has said schools should remain open, while unpacking how the Caribbean region suffered the impact of learning loss due to the COVID-19 pandemic.

A ‘poisoning of the well’ on COVID food initiative

The Opposition’s leader yesterday accused the Prime Minister of committing a “poisoning of the well” by “drip feeding” Bahamians assertions about the COVID food assistance initiative that were not yet supported by evidence.

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