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Union chief: UoB liveable wage ‘can’t be brought in now’
The $2,625-$3,550 livable wage suggested by a University of the Bahamas study “cannot be implemented at this time”, a trade union leader argued yesterday, adding: “We’ve got to keep the hen that lays the eggs.”
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Moody’s doubles down on ‘overly optimistic’ forecasts
Moody’s has doubled down on concerns that the Government’s Budget revenue forecasts are “overly optimistic” and that its debt servicing payments will be higher than projected due to the rise in global interest rates
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IMF interest rate fears dampened
Bahamian financial analysts yesterday dampened fears of near-term interest rate hikes after the International Monetary Fund (IMF) suggested such increases may be necessary to protect the US dollar exchange rate peg.
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'Misunderstood' on gasoline VAT cap
Abaco's Chamber of Commerce president believes the Government may have "misunderstood" calls for it to cap - not cut - the amount of VAT it earns on gasoline sales in a bid to ease inflationary pressures in the Family Islands.
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Latest murder victim found slumped over in his vehicle
A MAN was found slumped over in his vehicle with gunshot wounds on Palm Tree Avenue last night.
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Security firms urge using alarm systems in homes and businesses
WITH a recent increase in armed robberies in the capital raising concerns, local security firms are urging people to get alarm systems in their homes and businesses.
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Mobile money uptake hit by bank obstacles
A CABLE Bahamas executive yesterday suggested that commercial banking practices are an obstacle to the faster uptake of mobile money, adding: “We need to get on it right now.”
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Politics as monarch changes
Such a short time ago we lost our Sovereign Queen - Queen of The Commonwealth of The Bahamas - monarchists will mourn anti-monarchists will see an opportunity to lobby - push for the removal of the Sovereign as Head of State to a Democratic Republic like the majority of the Commonwealth of Nations.
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Down the barrel of a gun
A MAN was arrested yesterday shortly after an individual drove by a house and fired several shots while shouting threats of death in what Acting Commissioner of Police Clayton Fernander yesterday suggested was an act of retaliation.
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University of The Bahamas still not up to date with financial statements
UNIVERSITY of The Bahamas is still not up to date with audited financial statements as required by law, something UB’s chair Allyson Maynard-Gibson suggested has been an impediment to the institution’s fundraising capacity.
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Darville claims COVID vaccine uptake is now increasing
DESPITE a noted drop in vaccination rates over the last several months, Health and Wellness Minister Dr Michael Darville said preliminary data suggests vaccine uptake is now increasing in the country.
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The right use of official titles
TITLES - right to use prefixes before ones name an issue as there is unfortunately many who abuse and are never corrected.
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Closing arguments made in incest trial
CLOSING arguments were delivered in the Supreme Court yesterday in a case in which a father is alleged to have molested his then teenage daughter.
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Soaring gas prices are a ‘silent killer’
Family Island Chamber of Commerce presidents yesterday described soaring gas prices as “the silent killer” for economic activity, with one branding current pump costs as “crazy”.
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Why Moncur job is very dangerous
The Progressive Liberal Party (PLP) has circled the wagon around the gaffe-prone Rodney Moncur. His appointment in the Ministry of National Security as a violence interrupter suggests to this writer that the hierarchy of the PLP government believes that Moncur is one of them, despite his flirtation with the Free National Movement (FNM) in 2016, when he was appointed to the Senate by Loretta Butler-Turner.
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Abuse not an excuse to alter Dorian tax breaks
Abaco’s Chamber of Commerce president yesterday urged the Government not to use abuse of Hurricane Dorian-related tax breaks as an excuse to narrow or prematurely end his island’s “special economic zone” status.
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Fears FTX freeze order was violated
Fears were raised yesterday that the Supreme Court order freezing all assets of FTX’s Bahamian subsidiary was violated when some of the collapsed crypto currency exchange’s clients withdrew their monies late last week.
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‘Learn from FTX collapse’
THE collapse of FTX serves as a crucial learning lesson and an opportunity to fight for the reputation of the country, according to representatives of the Organization for Responsible Governance.
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Pintard: PM can do more to help with inflation
THE Free National Movement says Prime Minister Philip “Brave” Davis can do much more to help Bahamians deal with inflation.
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EDITORIAL: Who will bear the cost of climate change?
HURRICANE Dorian was a monster. It bore down on Abaco and Grand Bahama and ripped the islands to pieces. The cost of the lives lost in the storm is immeasurable, there is no price you can put on a life. The damage, however, carried a financial toll, one that The Bahamas had to bear, even though there was a helping hand from others in the aftermath.
