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Minnis: ‘Brave Davis inflation is really killing us’
THE Davis administration has made the cost-of-living crisis in the country much worse, former Prime Minister Dr Hubert Minnis claimed in the House of Assembly yesterday as he accused the government of living lavishly off the backs of Bahamian taxpayers.
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Cartwright: Government needs to stop ‘tax and spend’ policy
OPPOSITION deputy leader Shanendon Cartwright called out the Davis administration for failing to prioritise the needs of vulnerable Bahamians, saying the government must stop the practice of “tax and spend policy”.
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Sugar tax? Where’s the fiscal strategy first?
THE Free National Movement blasted the government’s upcoming plans to introduce tax on sugar and excess salt, adding a legally mandated Fiscal Strategy Report has yet to be provided by the government.
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Gas station warning of New Year lay-offs
A gas station operator yesterday warned the 24 percent minimum wage increase will “almost certainly” force the sector to cut staffing levels unless the Government grants a long-awaited margin increase.
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Bran: New pharmaceutical price controls are ‘a stretch’
A former Democratic National Alliance (DNA) leader yesterday said coping with the pharmaceutical industry’s new price control regime was “certainly a stretch” as it had left his family’s business operating at a loss.
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‘Tax and spend govt’ raises road traffic fees
THE Free National Movement has accused the Davis administration of being a “tax and spend” government due to the impending increase in Road Traffic Department fees.
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Halkitis: Food retailers are expected to comply
ECONOMIC Affairs Minister Michael Halkitis said yesterday the government fully expects food retailers to comply with its new price control regulations and that it intends to enforce the law against operators who refuse to implement the changes.
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CHRISTMAS SHOWDOWN – Roberts: Price Control backed off after festive season shutdown threat
Super Value’s principal yesterday disclosed Price Control “backed off” seizing vast quantities of product when warned of pre-Christmas store shutdowns, telling the Government: “We don’t want war, and you don’t want war.”
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Food stores: No sign of price control crackdown
Food stores yesterday told the Government "don't leave us hanging on" as its tough talk about enforcing the expanded price control regime failed to materialise into fines and inspections.
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Pintard: Govt is ‘hard-headed’ over price controls
FREE National Movement leader Michael Pintard accused the government of being “arrogant” and “hard-headed” in its approach to implementing expanded price controls.
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Bosses already scheming around minimum wage
I would like to thank Prime Minister Philip Brave Davis for increasing the minimum wage from $210 to $260. This is something that the Free National Movement should’ve done after increasing VAT from 7.5 percent to 12 percent. In an age of inflation and VAT on breadbasket items, the extra $50 is a much-needed help.
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Retailers offer 10% ‘free’ food top-up plan
Bahamian food retailers have proposed a joint venture with the Ministry of Social Services where they will provide a 10 per cent ‘free’ food top-up targeted at “the most vulnerable among our Bahamian brothers and sisters”.
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INSIGHT: Don’t keep your partners in the dark
AMID a falling-out between government and retailers, Prime Minister Philip “Brave” Davis offered a rallying cry for grocers to “partner with me”.
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PRICE CONTROLS MOVE ‘DISASTER’: Pintard calls for govt rethink over impact to business
FREE National Movement leader Michael Pintard called on the Davis administration to reverse its decision to enforce price controls on additional items, warning that to continue the measure is another ingredient to a “recipe for disaster” for hundreds of businesses in the country.
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Food security
Zimbabwe was known as the breadbasket of Africa until 2000 exporting wheat, tobacco, and corn to the wider world, especially to other African nations. However, today Zimbabwe is a net importer of foodstuffs from the Western World. Many farm owners and farm workers have been killed during violent takeovers.
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Price control expansion ‘last straw’ for grocers
The Retail Grocers Association’s president yesterday warned that expanding the price control regime could be “the last straw” for small and medium-sized food stores, adding: “I’d like to know what the magic formula is.”
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‘Free’ Sand Dollars to give currency lift
“Free” Sand Dollars will be issued to incentivise early adoption of a Central Bank-backed digital currency that remains “on the runway”, its governor said yesterday, despite a 305 percent circulation increase during 2021.
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INSIGHT: PLP gets its report card - a year of success?
ON September 16, 2021, The Bahamas voted in the current administration – meaning we have now had a little over a year of the PLP government.
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EDITORIAL: Flyaway leaders while people left in need
TWO contrasting stories in today’s Tribune show how people living in the same country can be worlds apart.
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Gov’t hit over VAT assistance delays
The Government should “naturally expect the criticism” over its failure to introduce a key social support initiative in time to protect “persons on the margins” from a broad-based VAT, a banker argued yesterday.