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$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians

The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.

$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

Gov’t to cut foreign debt portion in half

The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.

Agreement for $100m sale of Grand Lucayan Resort

ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.

Ayton, Suns look to end series tonight

Deandre Ayton said his Phoenix Suns refocused in one particular area to take a 3-2 lead in their best-of-seven first round series against the New Orleans Pelicans.

‘Lord knows’ Freeport requires tourism scale

An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”

What future for little-used Ayton?

DEANDRE Ayton played sparingly in his Phoenix Suns’ worst playoff loss in franchise history which prompted many to revisit a lingering and unresolved contract negotiation between the team and its former no.1 overall pick.

US working with Bahamas to tackle migration issues

THE United States government is actively working with nations in the region such as The Bahamas to tackle the root causes of “irregular migration”, according to a high-ranking US State Department official yesterday.

Disney triples construction workforce promise to 300

Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.

PM renews assault on COVID food initiative

The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.

Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast

Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”

Pamela Stuart dies, aged 91

MISS Pamela Stuart, 91, died at her Ridgeway, Eastern Road home just before midnight on Friday. Her funeral services will be announced later.

Thomas a top reliever, Murray and Saunders produce at plate

TAHNAJ Thomas has excelled in his role as a reliever in AA baseball, while Warren Saunders and BJ Murray overcame slow starts to the season to produce recent productive streaks at the plate for their respective clubs.

FRONT PORCH: The dangers and conceits of Christian nationalism

“GUN ownership is a more important right than voting. Voting is not really a human right at all but a privilege that should be reserved for those who are qualified to do it properly. It should be easier to buy a gun than vote.” – Christian right commentator Matt Walsh

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