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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.

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.

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.

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.

Charity seeing 20% hike in food prices

AN increase in food prices at the grocery store has had an adverse affect on one local charity.

‘Huge dreams' snatched away in deadly shooting

A RELATIVE of a Muffler World employee who was shot dead last week said he was planning to attend Florida International University before he was killed.

‘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.

FINCO chief warns on low growth ‘challenge’

FINCO’s chairman has warned shareholders it will “continue to be challenged” with low growth and credit losses despite a more than four-fold increase in net income to $39.235m for the 2021 financial year.

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.

‘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.

San Salvador businessman beating COVID economic slump

A San Salvador businessman is beating COVID-19 economic slump with the Small Business Development Centre (SBDC) $20,000 funding he received in 2019.

Jailed for stealing $6 of hot dog buns from church

A MAN was sentenced to two and a half years in prison in Magistrate’s Court yesterday after admitting to breaking into a church and stealing food.

Barbers, beauty salons call for mask mandate easing

Barbers and beauty salons yesterday called for the Government to relax its COVID mask mandate with the sector “coming back” slowly from the economic devastation caused by the pandemic.

Super Value transport budget up 47% as gas prices strike

Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.

Pandemic has had ‘cataclysmic’ impact on education

EDUCATION Technical and Vocational Training Minister Glenys Hanna Martin said COVID-19 has had a “cataclysmic” impact on education as she pledged to ensure the country does not produce “a lost generation of Bahamian youth.”

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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