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Loss-making SOEs: You’ll ‘pay one way or another’
Bahamians must decide whether to pay the full cost of public services directly or as taxpayers to eliminate the financial “black hole” created by many state-owned enterprises (SOEs), a prominent banker is arguing.
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GOVT WILL TALK TO PHARMACIES: Shut down has ended - for now
ECONOMIC Affairs Minister Michael Halkitis yesterday insisted the government will not reverse its decision to enforce new price control regulations despite the “unexpected” shutdown action taken by pharmacies yesterday.
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GB water rise conflict ‘most fantastic thing’
A Grand Bahama resort operator yesterday said its owners will have to “pay more for the privilege of running a hotel” on the island if proposed water rate increases are ultimately approved.
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‘Disappointed’ in Eleuthera water firm
WATER and Sewerage chairman Sylvanus Petty expressed his disappointment with Aqua Design, the company contracted by the government to provide water to Central Eleuthera due to the repeated disruptions in supply.
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SERIAL THIEF JAILED FOR TWO YEARS AND FINED FOR DRUGS
A SERIAL thief was jailed for two years yesterday after he admitted to his latest attempted raid last year.
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Sales beginning to rise ahead of school return
LOCAL businesses say they are beginning to see sales ramp up as customers shop for supplies in anticipation of the opening of schools in the coming weeks.
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School supplies vat holiday gives boost for retailers
RETAILERS are gearing up to take advantage of the late renewal of the Value Added Tax (VAT) holiday for school supplies.
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Barbers and beauty salons ‘rebound well’ from COVID
BARBERS and beauty salons were yesterday said to be “rebounding very strongly” from previous COVID-19 restrictions as more professionals return to work in the sector.
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Psychological test for theft accused
A MAN was ordered to have psychological evaluation after being sent to prison on a shop-breaking charge.
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Local banks pass anti-financial crime 'shadow shopping'
The Central Bank yesterday hailed the results of a 'mystery shopper' style survey of Bahamian financial institutions which found "rigorous evidence" they were in full compliance with efforts to combat financial crime.
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Bahamas tariff model deemed ‘back to front’
The Bahamas’ tariff structure is the reverse of the conventional model applied by most countries to protect domestic producers from foreign competition, the draft National Trade Policy argues.
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Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
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Injunction on blood transfusions
The New York Times has posted a digital version of a June 12, 1977 article regarding the death of one Nathan H. Knorr on the Internet. Unbeknownst to most Bahamians, Knorr was the third president of the US based Watch Tower Bible and Tract Society - succeeding Judge Joseph Rutherford in 1942.
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Man gets one year in prison for marijuana possession
A MAN was sentenced to a year in prison yesterday after he changed his plea and admitted to having $70,000 worth of marijuana in 2018.
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‘Severe water crisis’ in Sweetings Cay
FORMER State Minister for Finance Kwasi Thompson MP has called for action over a “severe water crisis” in Sweetings Cay.
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Man sentenced to jail for having a loaded firearm in his car
A MAN was sentenced to two and a half years in prison after he pleaded guilty to having a loaded gun in his car.
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‘We won’t give shop away for porridge’
The deputy prime minister yesterday pledged that the Davis administration will “not give the shop away to investors for a bowl of porridge” as he revealed it is presently reviewing the tax breaks granted to them.
