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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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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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Deloitte hired to review $535m BPL refinance
The Government has hired Deloitte & Touche to conduct a 30-day “rapid assessment” of Bahamas Power & Light’s (BPL) massive $535m refinancing, a Cabinet minister said yesterday.
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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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Hot Mix’s expansion ‘not connected’ to Gold Rock
Bahamas Hot Mix’s chairman yesterday said the imminent expansion of its Freeport-based concrete and asphalt production capabilities has “got absolutely nothing to do” with a rival supplier’s troubles.
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No ‘willful wrongdoing’ says Cartwright
SHANENDON Cartwright has said that as former chairman of the Bahamas Public Parks and Public Beaches Authority, he took directives “from higher authorities” while denying that he ever took part in any willful wrongdoing.
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45-year sentence for murder affirmed by Court of Appeal
THE Court of Appeal has affirmed the 45-year prison sentence of a man who was convicted of killing his father two years ago.
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New govt ‘found no manuals or regulations in place’ relating to Public Procurement Act
MICHAEL Halkitis, Minister of Economic Affairs, said the Davis administration found in place no manuals or regulations relating to the Public Procurement Act when it came to power, suggesting this has affected the government’s ability to comply with the key legislation.
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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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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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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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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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Dear Mr Pintard
If you don’t support legislation allowing Bahamian men and women to pass citizenship to their unborn children, I will not support your party in the next general election.
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Bahamas ‘nowhere near crisis’ despite new US recession fear
A prominent businessman yesterday sought to reassure that The Bahamas “is nowhere near crisis mode” despite mounting global economic gloom with suggestions that the US is now in an “unofficial recession”.
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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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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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Cabbage Beach access row nears resolution
TOURISM, Investments and Aviation Minister Chester Cooper says government is very “close” to resolving concerns relating to Cabbage Beach access, suggesting the matter could be concluded in the “next week or so”.
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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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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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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.
