A commercial bank chief yesterday questioned whether the Government’s plan to reimpose Business Licence fees on the sector could revive a situation that caused The Bahamas’ 2018 blacklisting by the European Union (EU).
A governance reformer yesterday argued that the Budget presentation’s “big miss” was its failure to detail how The Bahamas will tackle its $10.5bn national debt and annual interest costs set to hit a record $589m.
GRAND Bahama resident Shavon Munnings launched a Domestic Violence Awareness Conference on Tuesday with a candlelight vigil at the First Holiness Church in Freeport.
Prime Minister Philip ‘Brave’ Davis delivered the 2022/23 Budget Communication in the House of Assembly on Wednesday, saying it would ”steer the country in a new direction”.
The Bahamas “cannot be complacent” despite yesterday being granted more time to determine its approach to the G-7/OECD-led push for a minimum 15 percent global corporate income tax rate.
THE life and legacy of the late Leviticus Adderley will live on as the Alumni Association of St Augustine’s College hosts the inaugural ‘Unca Lou’ Adderley Charity Golf Tournament.
We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.
SOME educators come into the lives of children and leave such an impact on them, that they are never forgotten. Deacon Leviticus Lewis Joseph Adderley was one of them. As the beloved principal of St. Augustine’s College for many years, he impacted the lives of countless SAC students, molding nation leaders and global influencers.
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
A MAN was found guilty by a magistrate yesterday of stealing $1,800 worth of car parts from a woman's car and also causing $200 damage to the same vehicle.
SPRINTERS Antoine Andrews, Paige Archer and Lacarthea Cooper were the latest athletes to qualify for the World Athletics’ Under-20 Championships scheduled for Cali, Colombia from August 1-6.
PRIME Minister Philip “Brave” Davis told his predecessor yesterday to take his own advice, as he hit back over new criticisms levelled at his administration over its refusal to remove value added tax from breadbasket items.
ALL systems are set for what organiser Tito Moss has predicted will be the biggest track and field meet held in the Bahamas this year: The Oaktree Sonja Knowles Track Classic this weekend.
A MAN with no flying experience, who kept his cool on board a small plane that took off from The Bahamas, says “the hand of God” was with him after the pilot collapsed at the controls.
A Bahamian bank’s sale has been confirmed by its statutory administrator despite his actions, and those of the Central Bank, being subject to a legal challenge that is ongoing before the Supreme Court.
Craig Flowers’ FML web shop chain has been ordered to pay a former senior executive $120,000 plus interest after the Court of Appeal overturned a previous verdict relating to “irregularities” designed to inflate staff earnings.
Bank of The Bahamas top executive yesterday asserted it is moving beyond the bail-outs that “will forever haunt” the institution with predictions it will grow this year’s forecast $7m profit by a further 20 percent in 2023.
Kalik’s manufacturer has continued to warn that product shortages and price hikes are “inevitable” due to continued supply chain disruptions post-COVID despite generating $1.3min profits for the 2022 first quarter.
I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.
A Bahamian financial institution’s “serious error and negligence” resulted in fraudsters plundering more than $2m from one of its client’s accounts, the Supreme Court has revealed.