Gov’t facing $552m guarantees for SOEs
The Government potentially faces having to guarantee almost $552m on behalf of the very state-owned enterprises (SOEs) that the Prime Minister yesterday identified as a major “risk” to its financial well-being.
‘At a loss’: But Davis sticks to $70m deficit
The Opposition’s finance chief yesterday asserted he is “at a loss” over why the Prime Minister is standing by the $70m full-year deficit target despite overshooting this more than five-fold after just six months.
PM: ‘Hell no’ to IMF’s 15% VAT suggestion
The Prime Minister yesterday revealed his response to International Monetary Fund (IMF) recommendations that The Bahamas increase its VAT rate to 15 percent was: “Hell no.”
Bahamian cocktail bar gains ‘50 Best’ ranking
Bon Vivants, the Bahamian café and craft cocktail bar, in the ‘50 Best Discovery’ rankings for 2025.
Gov’t uses 73% of Budget Reserve during first-half
The Government spent 73 percent, or more than two-thirds, of the $60.275m allocated for its Budget Reserve Appropriation fund during the 2024-2025 fiscal year’s first-half, it was revealed yesterday.
PM pledges simpler tax filing via ‘OneTax’ portal
The Prime Minister yesterday pledged the Government’s new “OneTax” portal will make paying taxes easier and simpler as he hailed the revenue generated by enhanced compliance and enforcement efforts.
Cruise lines’ private islands ‘akin to many mega resorts’
Prime Minister Philip Davis said official growth estimates do not accurately reflect the “true scope” of the country’s economic activity and an assessment will be done on the full economic impact of the cruise industry.
Golden Yolk no joke - as plans revealed to lessen bird flu risk
The Ministry of Agriculture is seeking to lessen the risk of bird flu by utilising tetra brown chickens for the Golden Yolk programme, which will be sold to wholesalers.
PM explains high expenditure as ‘front-loaded’ capital spending
Prime Minister Philip Davis said his administration “front-loaded” capital expenditure during the first half of the 2024/2025 fiscal budget leading to record expenditure early in the budget cycle.
Marine sector not paying enough compared to other visitors - PM
The government will move forward with a strategic plan for the management of moorings, said Prime Minister Philip Davis yesterday, as he said the marine sector is “underrepresented” in revenue collections.
Country to stay ‘alert’ over US disputes with partners
THE Bahamas will “remain alert” for potential disruptions from trade disputes between the US and other global partners, Prime Minister Philip Davis said yesterday.
DARREN PICKSTOCK: Foreign Affairs and Foreign Services Bill passage a significant milestone
Foreign Affairs and Foreign Services Bill passage a significant milestone
“Innocence abroad,” remarked the American satirist and literary giant Samuel Clemens, better known as Mark Twain. Those words still shape how nations and cultures appreciate their similarities, pursue common goals, and navigate their differences.
FRONT PORCH: Where are we headed?
ON 9 July 1973, six and a half years after the Second Emancipation of majority rule, a jubilant crowd of approximately 50,000 descended on Clifford Park to usher in and to celebrate the first light of dawn of a new Bahamas on 10 July 1973.
Trump and the world of transactional diplomacy
Well, this is different. After three years of leading a global coalition against blatant Russian aggression in Ukraine, and sending hundreds of billions of dollars of military, economic and other assistance to Kyiv, the US just voted against a UN resolution condemning Russia’s unprovoked invasion of Ukraine.
Ministry of Agriculture hopes buyback programme will stabilise egg prices
THE Ministry of Agriculture and Marine Resources hopes that a buyback programme will help stabilise egg prices and boost local production.
Mother left wondering ‘what’s next?’ after fire destroys home
A DEVASTATING fire tore through a cherished family home, reducing decades of memories to ashes and leaving Richan Mackey, her 9-year-old son, and several relatives with nothing but the clothes on their backs.
Canadian tourist admits to assaulting officer and throwing nose-rings at him while drunk
A CANADIAN tourist has admitted to assaulting a police officer and throwing her nose rings at him while intoxicated earlier this week.
Charged with assault and threats of death
A MAN has been granted bail after being accused of assaulting someone with a razor blade and threatening to kill him.
Accused of robbing man at knifepoint
A MAN was remanded into custody after he was accused of robbing someone at knifepoint on Carew Street and Mount Royal Avenue last week.
Pintard criticises Davis administration’s handling of the economy over projected $450m deficit
OPPOSITION Leader Michael Pintard criticised the Davis administration’s handling of the economy, particularly the projected $450m deficit for the fiscal year’s midpoint.
