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‘Fantasy budget fails to tackle problems’

FREE National Movement (FNM) Deputy Leader and Shadow Minister of Finance Peter Turnquest yesterday called the Prime Minister’s 2016/2017 Budget Communication “a complete fantasy” being used to “secure an Election Day victory”.

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PM hails significance of today’s budget debate in Parliament

PRIME Minister Perry Christie said today’s budget debate will be the most “significant and interesting” debate in his term as leader.

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Bahamas Roadmasters Virtual 9th Bahamas Half Marathon/ 10k set for November 20-21

WHILE they wait on the restrictions to be lifted for mass gatherings at public outings, Bahamas Roadmasters is encouraging persons to come out and participate in their Cancer Treatment of America Virtual 9th Bahamas Half Marathon and 10 Kilometre race.

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PM slams predecessor on $99m BTC deficit

Prime Minister Perry Christie has again slammed the former Ingraham administration for failing to provide the $39 million needed to cover the Bahamas Telecommunication Company’s (BTC) original pension fund deficit, arguing that this had caused the shortfall to balloon to $99 million.

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Cable to repay $30m-plus debt

Cable Bahamas yesterday confirmed it has moved into the second stage of its balance sheet restructuring by unveiling the early redemption of $30m-plus in preference shares.

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Power cuts hit radio stations

RADIO 100 JAMZ and Joy 101.9 went off the air early Thursday morning after a series of power cuts affected the antenna and transmission systems. Engineers were working all day yesterday and late into the night to repair the antenna and restore transmission as quickly as possible.

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‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

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Piracy restored, commerce expelled

EDITOR, The Tribune.

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Govt ‘not trying to eradicate shanty towns’

ATTORNEYS representing the government in a judicial review centred on shanty town demolition yesterday revealed excerpts of Labour Minister Dion Foulkes’ most recent affidavits, in which he denies the government is attempting to eradicate shanty towns to take possession of the land.

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Abroad, but no need to be out of REACH

Abroad, but no need to be out of REACH A NEW non-partisan, apolitical group composed of Bahamians abroad and friends of the Bahamas has come together to represent the interests of Bahamians who live overseas. The Council for Concerned Bahamians Abroad (C

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Abroad, but no need to be out of REACH

Abroad, but no need to be out of REACH A NEW non-partisan, apolitical group composed of Bahamians abroad and friends of the Bahamas has come together to represent the interests of Bahamians who live overseas. The Council for Concerned Bahamians Abroad (C

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Abroad, but no need to be out of REACH

Abroad, but no need to be out of REACH A NEW non-partisan, apolitical group composed of Bahamians abroad and friends of the Bahamas has come together to represent the interests of Bahamians who live overseas. The Council for Concerned Bahamians Abroad (C

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Abroad, but no need to be out of REACH

Abroad, but no need to be out of REACH A NEW non-partisan, apolitical group composed of Bahamians abroad and friends of the Bahamas has come together to represent the interests of Bahamians who live overseas. The Council for Concerned Bahamians Abroad (C

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Abroad, but no need to be out of REACH

Abroad, but no need to be out of REACH A NEW non-partisan, apolitical group composed of Bahamians abroad and friends of the Bahamas has come together to represent the interests of Bahamians who live overseas. The Council for Concerned Bahamians Abroad (C

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Police warn of increase in counterfeit currency

POLICE have seen an increase in counterfeit Bahamian currency being distributed in communities, the most common being $20 and $50 notes.

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Al Jarrett dies, aged 69

RETIED banker, economist and patriot Alfred Jarrett, pictured, died early yesterday morning after a massive heart attack.

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Gambling: Eradicate or regulate it, says Bishop

“ERADICATE it or regulate it,” is Bishop Simeon Hall’s position on the question of gambling.

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US warns of rise in marijuana cultivation

MARIJUANA cultivation in The Bahamas is on the rise, with 2014 “resulting in the seizure and eradication of more marijuana plants than 2012 and 2013 combined,” according to the United States Department of State International Narcotics Control Strategy Report 2015.

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Govt seeks to limit construction in shanty towns

THE government is seeking a Supreme Court order to restrain shanty town residents and occupiers in New Providence from building and/or modifying any structures ahead of a judicial review of its plans to eradicate those communities.The government, whi

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$10M SHARE OFFER ON OUT ISLAND TOUR

ARAWAK Port Development (APD) executives are taking the company's $10 million share offering to the Family Islands, it was confirmed yesterday. APD executives and placement advisors for the initial public offering (IPO) will begin a series of investor me

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