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Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
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GLENYS LETS RIP AT LLOYD: Accuses former minister of leaving schools in crisis and ignoring pupils’ plight
EDUCATION Minister Glenys Hanna Martin yesterday blasted her predecessor, Jeffrey Lloyd, saying he opposed the resumption of face-to-face teaching and left behind “a crisis and debacle” in public education.
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Stagflation fears
ActivTrades
FIRST came the military, then the energy shock. In 1973, it was the Yom Kippur War between Israel and the Arab states that caused oil prices to quadruple within weeks. Now it is Russia’s attack on Ukraine.
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EDITORIAL: Straight answers in fight against crime
THE spate of murders that took place at the weekend was horrifying in itself – five dead in three days with two more injured.
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Ayton returns, posts double double
Deandre Ayton returned to the Phoenix Suns starting lineup and the defending Western Conference champions extended their league-leading win streak to eight games.
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123 Haitians found near Cay Sal repatriated
ONE hundred and twenty-three Haitians, including children, who were picked up at sea in Bahamian waters recently were flown out of Grand Bahama onboard a Bahamasair flight to Haiti yesterday.
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Jonquel Jones and Sun lose Game 2
Las Vegas gets 85-71 win over Connecticut
LAS VEGAS (AP) — A’ja Wilson had 26 points and 10 rebounds to lead the Las Vegas Aces to an 85-71 victory over the Connecticut Sun last night in Game 2 of the WNBA Finals.
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ROLLING THE DICE WITH OUR LIVES: COVID cases leap 200% as Sands warns: we’re ‘gambling at our peril’
FORMER Health Minister Dr Duane Sands has said the country continues to “gamble” with COVID-19 “at our peril” as the Ministry of Health reported 79 new infections on Tuesday.
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Jonquel Jones posts 4th double double of season in FIBA EuroLeague
JONQUEL Jones posted her fourth double double of the season in her return to FIBA Women’s EuroLeague play.
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Deandre Ayton: ‘That’s what 45 minutes feels like, I’ve never played 45’
DEANDRE Ayton returned from a non- COVID-related illness with a season high scoring effort to help the league-leading Phoenix Suns avoid consecutive losses for the second time this season.
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Bahamas sees $715m gain if ‘infrastructure gap’ closed
The Bahamas stands to gain a $715m boost if it invests just $31m to close the “digital infrastructure gap” between itself and the world’s leading economies, a multilateral lender is arguing.
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‘Comfort’ as PM pledges tax increases last resort
Businesses and Bahamians can take “comfort” from the Prime Minister’s repeated assertion that new and/or increased taxes will be “a last resort”, a governance reformer said yesterday.
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Abaco teachers stage sick-out
TEACHERS in Abaco staged a sick-out yesterday to protest the continuing teacher shortage on the island a month after the Ministry of Education promised to address the problem.
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Mountaineers rout Bahamas team by 46
Head coach Dustin Kerns likes what he saw from his Appalachian State University Mountaineers men’s basketball team in their 46-point rout over the Bahamas Select Team yesterday at the Summer of Thunder in the Imperial Ballroom of the Atlantis resort on Paradise Island.
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More doctors and nurses to be added
MORE doctors and nurses will be soon added to the public healthcare system as COVID-19 cases and hospital rates continue to climb.
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PAHO: Be vigilant over monkeypox
THE Pan American Health Organisation (PAHO) has urged countries in the region to remain vigilant in light of monkeypox being declared a global health emergency.
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Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
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Commercial properties: 70% behind on taxes
Some 70 percent of commercial properties are in arrears on their real property tax payments, it was revealed yesterday, although a “high proportion” of Bahamian homeowners are compliant.
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Supplies business celebrates decade of Freeport operation
GRAND Bahama Industrial Supplies has reached a ten-year milestone in Freeport, rebuilding its operation from scratch after suffering severe flood damage two years ago during Hurricane Dorian.
