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COVID rules to spark barber price increase
Bahamians were yesterday warned to expect price increases at barbers, hair salons and spas due to capacity restrictions set to be impose under the Government’s new COVID-119 rules.
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Govt relaunches plans for training on Grand Bahama
GRAND Bahama Minister Ginger Moxey says the government has relaunched plans to facilitate training to increase the employment of certified Bahamians at the Grand Bahama Shipyard.
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Insurers warn that VAT reversal ‘totally asinine’
Insurers have warned the Government it would be “totally asinine” to reintroduce VAT on residential homeowner premiums given that this will create a multi-million dollar hurricane liability for itself.
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Pintard alarm at Urban Renewal ‘abuse’
MARCO City MP Michael Pintard said he is concerned by reports that employees of Urban Renewal have been verbally abused and intimidated at the Ministry of Social Services and Urban Renewal.
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Central banks love to print money
ActivTrades
Except for a few countries, Germany being a noticeable example where the use of physical cash to settle everyday transactions remains high due to cultural reasons, payment by electronic means is becoming more and more common.
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Payment provider in Christmas give back
A BAHAMIAN electronic payments provider has launched its Win It Back holiday campaign through which 50 customers will receive 100 percent cash back on their purchases.
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Realtor questions VAT break for ‘rich’ buyers
A realtor yesterday questioned why the Government is effectively giving a break to “rich” overseas real estate buyers while raising VAT on the poor by taxing ‘breadbasket’ food items again.
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Golden Gates church row simmers on
FORMER defendants in the Golden Gates World Outreach Ministries case said the recent ruling of Supreme Court Justice Ian Winder, which was favourable to them, is still not being followed, more than a month after the judgement was handed down.
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International Bazaar is an embarrassment
Fire fighters of the Grand Bahama Fire Services, the Grand Bahama Shipyard and Buckeye Bahamas averted an unmitigated disaster by quickly outing the fire blaze at the once popular International Bazaar.
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A mismanaged opportunity
The conclusion of Dr Minnis’ term as prime minister of the Commonwealth of the Bahamas came on September 16, 2021.
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Fourth wave fears will lead to booster rollout
HEALTH and Wellness Minister Dr Michael Darville says the government is planning to roll out booster vaccine shots to immunocompromised Bahamians and residents before year’s end amid mounting concerns of a possible fourth COVID-19 wave.
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Insurance VAT return ‘not even on the table’
A Cabinet minister yesterday said making homeowners insurance VAT-able was “not even on the table”, with legislation to effect the rate cut to be tabled in Parliament by next Wednesday.
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Gov’t and Opposition trade blows over S&P downgrade
The Government’s attempt to blame the former Minnis administration for The Bahamas’ latest downgrade “does not line up” with Standard & Poor’s (S&P) analysis, an ex-Cabinet minister says.
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Breaking Post Office lease just too costly
A Cabinet minister yesterday ruled out moving the Post Office to a new location before 2024 because breaking the existing Town Centre Mall lease will be too costly.
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Fidelity eyes $21m-$22m profit following ‘overshoot’
A BISX-listed bank is targeting full-year net income of $21m-$22m after its exceeding its budgetary target during the first nine months of 2021, its chief executive revealed yesterday.
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‘The truth and the dangerous’
The Prime Minister’s assertion of “a $1bn difference” between the pre-election fiscal report and “the truth” was yesterday branded “reckless and dangerous” by his predecessor.
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Coalition chief optimistic VAT cut to boost revenue
The Coalition for Responsible Taxation’s head yesterday voiced optimism that the 10 percent VAT slash will generate more revenue than the current structure once zero ratings are eliminated.
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New auto chief eyes VAT cut sales bump
The Bahamas Motor Dealers Association’s (BMDA) newly-elected president yesterday voiced optimism that the VAT rate cut could spark a 10-20 percent uptick in consumer auto purchases.
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EDITORIAL: We are failing our children
THE children of our nation seem to be caught in the middle of an almighty mess.
