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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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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.
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Individuals blamed over Dorian tax break abuse
Grand Bahama businesses yesterday said individuals, rather than companies, were the likely culprits abusing the Dorian-related Special Economic Recovery Zone (SERZ) privileges to evade due taxes.
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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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Fears of $205m hit in BPL fuel hedge woe
Fears were raised yesterday that Bahamas Power & Light (BPL) customers could suffer a $200m-plus hit if the fuel hedging strategy that the Davis administration met in place was not renewed.
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Ex-BPL union chief wants 74-month payout restored
A former Bahamas Power & Light (BPL) managerial union chief will today seek permission to appeal a verdict that slashed his “handsome windfall” of $621,000 in termination compensation by more than 75 percent.
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‘Practice what you preach’ call over climate change
Environmental activists yesterday warned The Bahamas must “practice what it preaches” to secure financial assistance at an upcoming global summit to help minimise climate change impacts.
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EDITORIAL: COVID is not gone and we should stay ready
THE news of nine more deaths from COVID-19 is a sobering moment.
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Strict enforcement of COVID rules during visit
HEALTH and Wellness Minister Dr Michael Darville suggested yesterday that there will be strict enforcement of COVID-19 rules during the UK Royals’ visit to The Bahamas this week, while assuring that any potential exposure to the virus amid the trip “will be dealt with”.
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‘Non-lethal weapons may not be effective’
AS debate continues on the use of non-lethal weapons on the police force, National Security Minister Wayne Munroe suggested yesterday such tools may not be effective in violent or hostile crime situations.
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Ministry considering loosening testing restrictions
HEALTH and Wellness Minister Dr Michael Darville said the Ministry of Health’s Emergency Operations Centre is looking at “loosening” the country’s border testing restrictions.
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Officer testifies in $1m drug trial
A POLICE officer testified yesterday in the drug trial of three men who were allegedly caught in waters off South Andros with more than $1m worth of marijuana.
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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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Building collapses in blaze
AN early morning fire destroyed the Bahamas Liquidation Centre building on East West Highway yesterday.
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COVID-19 controls ‘saved’ $900m external reserves
The Bahamas’ capital controls saved “around” $900m in external reserves at COVID’s peak, an economic researcher has estimated, while also helping to lower the Government’s annual interest burden by 2.5 percent of GDP.
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HUBERT EDWARDS: The future of debt
AS well thinking individuals, we are routing for the success of the country.
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‘Nothing sinister’ over $206m Goldman repo
The Government must ensure it has “the expertise to manage the legal and financial risk” arising from its “innovative” $206.5m repurchase deal with Goldman Sachs, a prominent banker says.
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Aviation relief as ‘really ugly’ outcome averted
Bahamas Customs has apologised for its now-aborted efforts to introduce a new border control system for private aviation that could have produced “a really ugly” outcome if implemented.
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‘Put money with mouth’ to escape IMF clutches
The Bahamas must “put our money where our mouth is” and prove to global investors why it will not require an International Monetary Fund (IMF) programme to escape its economic and fiscal woes, a top banker said yesterday.
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Eye for an eye on our streets
Nassau was submerged in a bloodbath over the past weekend. The Nassau Tribune’s report that five persons were killed in four separate shootings over a three-day span suggests that The Bahamas will record another 100-plus murders in 2022.
