Halkitis: We must stay vigilant over finances
WITH the new Omicron variant continuing to spread in neighbouring countries, Economic Affairs Minister Michael Halkitis said The Bahamas must remain vigilant and practice discipline to sustain the improving fiscal picture.
Gov’ts 3% growth target below UoB ‘health’ goal
A Cabinet minister yesterday said the Government is targeting a five-year average growth rate that falls short of that recommended to restore The Bahamas to economic and fiscal “health”.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
‘Rid yourselves of negative thoughts’ on $200m project
Bahamians were yesterday urged to “rid themselves of any negative thoughts” as to whether the latest $200m effort to revive the Cotton Bay Club is for real.
Minnis: Give PI investor ‘all the help’ necessary
The former prime minister urged his investments chief to give a Bahamian entrepreneur “all the assistance necessary” to ensure his success only to snub him 12 months later for Royal Caribbean.
Scholarship gift from fraternity
A GRAND Bahama student was awarded a $500 scholarship for winning the Kappa Lambda Lambda Chapter of Omega Psi Phi Fraternity’s annual essay competition.
Tourism’s fears ‘knee jerk’ COVID reaction
The Government was yesterday urged to avoid “knee jerk reactions” to new COVID variants as hotels voiced fears that “across-the-board” PCR testing could undermine their Christmas trade.
Bella’s father to lay her to rest
A SUPREME Court judge yesterday ruled in favour of murdered toddler D’onya Bella Walker’s father concerning custody of the four-year-old’s body, ending a week-long court battle with the child’s maternal relatives over the issue.
$200m plan to bring Cotton Bay to life
COTTON Bay Holdings Limited will partner with the Ritz Carlton Reserve brand in a $200m project in South Eleuthera that will employ 300 people during construction and 200 people during operation, according to officials.
Brave’s ‘New Day’ for all workers
PRIME Minister Philip “Brave” Davis has revealed the government has finalised its national policy on labour relations which includes a comprehensive review of the Minimum Wage Act and an increase in the national minimum wage.
Three hurt in Sunday shootings
THREE people, including two women, were shot in two separate incidents on Sunday.
Republic talk
International investors look for safe havens in which to place their funds and conduct business. Before our family began to invest in The Bahamas several years ago we were assured by your Investment Authority and Nassau lawyers that indeed The Bahamas was such a place. Foremost in our thinking and those of other Canadian investors whom we know was that you were, like Canada, a Constitutional Monarchy with Queen Elizabeth II and a local Governor-General and were thus stable and had impartial British style courts.
Postal problems
In a recent conversation with a friend, he mentioned that years ago one could mail a letter in Nassau and it would be received within a week! This bit of nostalgia is even more remarkable because this week I received a 2021 calendar that was post marked March 2021.
Open letter to university president
BELOW is an open letter to Dr Rodney Smith, in response to his communication of October 26, to the University Community.
Auditor General praise
I have total admiration of the Auditor General he is doing his Constitutional best to ensure Government and the governance of our finances are on the straight and narrow... he needs tripling of his staff or financial assistance where through his Office he may retain private sector Accountants to expedite a complete audit of Government in each fiscal year with no waiting...Minister of Finance if there is one thing we need is this.
Teenager accused of murder
A teenager was yesterday charged with murdering a man in Hospital Lane last month.
Holiday cut short after drug find
AN American couple’s vacation in paradise was cut short after they were caught with 24 grams of marijuana last week.
Ayton scores 14 in win: Suns 1st team to 20 victories
PHOENIX (AP) — Chris Paul had 21 points and 10 assists, Jae Crowder added a season-high 19 points and the Phoenix Suns held off the San Antonio Spurs for a 108- 104 win last night.
Johnson looks ahead to next round of FIBA WCup ‘23 Qualifiers
HE was elevated from being an assistant coach to the head coach of the Bahamas Basketball Federation men’s national basketball team for the first round of the first window of the FIBA World Cup 2023 Qualifiers.
Minister: GSSSA has presented a proposal ‘and I’ve met with BAISS’
AFTER watching the successful hosting of the Island Luck Cares Foundation senior and junior boys’ basketball tournament over the weekend in Grand Bahama, Minister of Youth, Sports and Culture Mario Bowleg said he doesn’t see why the same can’t be done in New Providence.
