Moody’s claims that we’re optimistic? We have to be
The Bahamas must “hold the line” on government spending to build investor confidence that it is not solely relying on economic growth “to fund any errors” in its fiscal projections, a well-known banker urged yesterday.
‘Can’t look other way’: Queries on 47% of Business Licences
A Cabinet minister yesterday said the tax authorities simply “cannot look the other way” when 47 percent of Business Licence applicants are submitting no turnover or “exactly the same amount for the last three years”.
Bran: 'Can't water out of stone' over health VAT
A former Democratic National Alliance (DNA) leader is blasting the Government's "misguided decision" to change the VAT treatment of health insurance claims payouts, arguing: "You can't get water out of a stone."
Sarkis set for August 2024 trial on $2.25bn CCA claim
Baha Mar’s original developer will see his $2.25bn fraud and breach of contract claim against the project’s main contractor go to a full two-week trial before the New York state court in August 2024.
Upcoming CARICOM to showcase Bahamian culture and discuss regional issues
LESLIA Miller-Brice, the Bahamas High Commissioner to CARICOM, looks forward to progressive discussions on energy security, climate change, and food security in The Bahamas at the CARICOM meeting next week.
STATESIDE: Restlessness in the US over amount of aid to Ukraine
THERE’S been a lot of talk since the beginning of this year about American resolve.
GB Junior Junkanoo postponed due to inclement weather
The Ministry of Youth, Sports, and Culture has announced that the 2023 Grand Bahama Junior Junkanoo Parade has been postponed due to inclement weather.
Press secretary says Wilchcombe will address the FNM’s questions when the House reconvenes
AFTER Free National Movement leader Michael Pintard said he would summon senior civil servants before the Public Accounts Committee, press secretary Clint Watson said yesterday parliamentarians will deal with the matter if it arises.
Watson: ‘we don’t know what decision has been made’ on NIB increase
PRESS secretary Clint Watson was unable to confirm yesterday whether the government has approved an increase for National Insurance Board contribution rates.
Brensil Rolle says uncollected fees the major issue facing NIB
A FORMER minister says he believes the major issue facing the National Insurance Board (NIB) is the collection of outstanding fees – as well as making certain other businesses and individuals pay their national insurance.
FNM leader: Davis administration ‘undemocratic’
OPPOSITION leader Michael Pintard is accusing the Davis administration of being “undemocratic” and is warning that the FNM will not be quiet when the rights of opposition parliamentarians and the Bahamian people are being abused.
Priest calls on government to ‘respect and protect’ sacramental right to marijuana
WITH legislation for marijuana legalisation near completion, Rastafarian priest Rithmond McKinney is urging the government to “respect and protect” his community’s sacramental right of cannabis possession.
FTX’s Bahamas cash shrank 76% in month before collapse
Cash assets held by FTX’s Bahamian subsidiary were “materially depleted” to the extent they shrank by 76 percent - or more than three-quarters - in the five weeks immediately prior to the crypto exchange’s implosion.
Taxis and vendors on licence fast track
ECONOMIC Affairs Minister Michael Halkitis revealed yesterday that business licence applications for taxi drivers, straw vendors, and roadside vendors will be fast-tracked - while only 3,000 of 33,000 applications have been approved so far.
Mailboat runs aground off Egg Island
A GROUP of passengers and crew members had to be evacuated from the M/V Legacy after the mailboat ran aground in waters near Egg Island off Spanish Wells, Eleuthera, on Wednesday morning.
‘More must be done’ to stop school violence
“MORE must be done” to deal with violence in schools, said Bahamas Union of Teachers president Belinda Wilson yesterday, following a stabbing at an Abaco high school this week.
Man in custody in connection with death threats to Prime Minister
A 58-year-old male resident of Carmichael Road is in custody being questioned in connection to last week’s death threats made against Prime Minister Phillip Davis, according to police.
Bahamas professional golfers start new year off with a bang
Glenn Pratt unanimously elected as the new president
THE Bahamas Professional Golfers Association has started this new year off with a bang. Following recent elections, Master golf pro and former Young Lions standout Glenn Pratt was unanimously elected as the new President.
Businesses ‘not asked to do Inland Revenue’s job’
A Cabinet minister yesterday denied that the Government is “asking business persons to do the Department of Inland Revenue’s job” by providing the agency with their landlord’s property tax assessment number.’
