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Water Corp’s debt to top supplier at ‘all time high’

The Water & Sewerage Corporation’s debt to its main BISX-listed supplier has hit “an all-time high” of $21.7m as COVID-19 continues to erode the government’s ability to prop up the cash-strapped utility.

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Advice for those travelling to Black Friday sales

HEALTH experts are advising persons considering travel to the US for Black Friday sales to ensure they practice COVID-19 preventative measures.

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Police shoot man in buttocks

A JUVENILE who led police on a car chase yesterday morning was shot in the buttocks by officers.

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Bahari Bahamas brand pops up in Grand Bahama

BAHARI Bahamas is returning to Grand Bahama with a pop-up shop to launch its new independence collection at the Port Lucaya Marketplace.

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Six arrests in connection with shop-breaking, stealing

GRAND Bahama Police arrested six persons for shop-breaking and stealing after numerous items were discovered at a residence in Eight Mile Rock.

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Retailers detect Black Friday spend rebound

RETAILERS reported a “spending rebound” on Black Friday as shoppers queued from 5am to seek-out bargains leading into the Christmas holiday shopping season.

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Eleuthera water cut-off prevented at last minute

CENTRAL Eleuthera’s water supply enjoyed a last-minute rescue after the Water & Sewerage Corporation finally submitted a newly-signed contract to the area’s supplier before Friday’s cut-off deadline.

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‘We’re not taking VAT change sitting down’

A Freeport manufacturer yesterday warned its competitiveness will be undermined, and presence in The Bahamas endangered, by VAT reforms that have seemingly removed its ‘zero rated’ status.

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Two VAT holidays to help families cope

PRIME Minister Dr Hubert Minnis announced that both a back-to-school value added tax holiday and a hurricane preparedness VAT holiday will take place during August and July.

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Robbers snatch Miller’s payroll

FORMER Tall Pines MP Leslie Miller says he was robbed yesterday of $2,700 when he went shopping at an Oakes Field grocery store.

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Christmas ‘make or break’ for local retail

A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.

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VAT cut’s ‘modest’ jobs, growth effect

Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.

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Bahamas First sees Q1 losses increase 50%

Bahamas First yesterday blamed a decline in the value of its investment holdings and a $4.1m year-over-year reversal on its Cayman health insurance portfolio for a $1.344m first quarter loss.

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What is a Realm?

As Barbados changes its Head of State and becomes a Republic with a President, I thought I would reflect on questions people ask me about the UK’s relationship with The Bahamas. I often get asked what my opinion is about whether The Bahamas should change its Head of State. I usually respectfully reverse this question. This is a decision entirely for The Bahamas, its government and its people. But I thought it might be useful to look at some of the facts that frame our connections.

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Local shop initiative looking for ‘next big thing’

THE ShopLocal initiative will be extended through this month as the initiative’s director is looking for “the next big thing” to spur Bahamians into shopping at home.

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Gambler winnings tax ‘too complex’

The Minnis administration chose not to implement the tax on web shop patron winnings because it was “too complex” and could have driven gamblers back into the underground economy.

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Marinas’ ‘one-stop shop’ dream in Customs halt

The Association of Bahamas Marinas (ABM) president yesterday voiced growing frustration that its dream of creating a “one-stop shop” for all boating fees and permits has been halted by Customs.

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Retailers glad curfew won’t prevent shopping

RETAILERS were yesterday happy that the newest curfew change taking effect today does not prevent customers from shopping and gives workers sufficient time to get home from work.

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‘A real dampener’: Fear over new COVID strain

The emergence of a new COVID-19 strain threatens to put “a real dampener” on Bahamian tourism’s rebound and that of the wider economy in the Christmas run-up, it was feared yesterday.

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Rental expenditure

Issue: The Government’s Huge Rental Expenditure Let’s have a look at abandoned and derelict Bay Street properties.