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Opposition ‘stunned’ at tripling of property tax

The Opposition yesterday said it was “stunned” by the Government’s forecast that property tax revenues will more than triple to $555m within four years, its leader saying: “I don’t see what the Prime Minister does.”

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Cheque end ‘solving non-existent problem’

A Bahamian businessman says the Central Bank and its licensees are seeking to “solve a problem that does not exist” with their drive to eliminate the use of cheques by year-end 2024.

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Goodman’s Bay property opens to $1.5m bookings

A NEWLY-opened Goodman’s Bay resort has more than $1.5m worth of confirmed bookings during its initial months, its developer revealed yesterday.

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Signing allows $150m Briland expansion

THE Davis administration signed an amended Heads of Agreement yesterday with developers behind the Briland Club Residences & Marina development that will allow for the expansion of the Harbour Island-based project, set to cost some $150m.

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Company responsible for Exuma Spill ‘will face penalties’ says AG

ATTORNEY General Ryan Pinder said yesterday the company responsible for last summer’s Exuma oil spill will face penalties.

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Marijuana laws nearly complete - but no date for Parliament yet

ATTORNEY General Ryan Pinder said legislation for marijuana legalisation is nearly completed however, he was unable to provide a timeline as to when it will be presented to Parliament.

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Call for select committees on immigration and FTX

FREE National Movement leader Michael Pintard has called for the establishment of select committees in Parliament on matters relating to the country’s immigration crisis and the collapse of FTX.

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$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted 
by average income

National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.

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The Bahamas going to join the cannabis club?

Marijuana/Cannabis policy in both Germany as in The Bahamas plans are in the works toward its legalisation. Of the 28 EU states, Malta has legalised cannabis use, but with hefty fines for smoking in the presence of children, minors and public smoking.

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Loss of discounts for health insurers will land patients in Florida

My health insurance group has just been advised by Doctors Hospital that they will be discontinuing the traditional “discounts” given to Health Insurers for treatment at DHS.

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BDCS recruiting 100 new officers from Family Islands

OFFICIALS from the Bahamas Department of Correctional Services are in Grand Bahama to search for 100 new recruits.

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72 foreign nationals charged with various immigration violations

SEVENTY-TWO foreign nationals were charged in the Magistrate’s Court yesterday for various immigration infractions, the Department of Immigration said.

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Two men granted bail on possession of drugs charges

TWO men were granted bail in court yesterday after being accused of having illegal narcotic pills.

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Exuma woman ordered to repay over $10k cash she stole from Paradise Games

A WOMAN was ordered to fully reimburse her former employer yesterday after she admitted stealing more than $10,000 in cash from Paradise Games in Exuma late last year.

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Chisholm remembers those who helped him

Jasrado “Jazz” Chisholm clearly remembers the days he spent with the late Franklyn Simmons at Freedom Farm.

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Rotarians urged to lend support to CARIFTA

LYNDEN Maycock, chairman of the Local Organising Committee for the 50th Golden Jubilee CARIFTA Games, said they would like nothing better than members of the Rotary Club of South East Nassau to lend their support and volunteer for the region’s greatest junior track and field competition over the Easter holiday weekend.

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University of the Bahamas Mingoes Women’s Volleyball Team knocked out of the postseason

THE University of The Bahamas Mingoes women’s volleyball team was knocked out of the New Providence Volleyball Association postseason after dropping to the Lady Technicians in a play-in game Tuesday night at The Anatol Rodgers Gym.

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Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

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IAN FERGUSON: Customer loyalty brings its rewards

There is no doubt that attracting new customers is essential for your small business. Every business person, especially proprietors of micro, small and medium-sized businesses, are always hungry to increase market share. Turning those first-time buyers into repeat customers, however, is arguably just as important.

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PM: ‘Happy medium’ was goal on health claims VAT

THE PRIME Minister says the Government sought to achieve “a happy medium” in ensuring health insurance companies are no longer able to reclaim VAT on claims payment made on the patient’s behalf.