'Skeletons in closet' fear on fiscal report
Governance reformers yesterday expressed fears that the Government’s finances may still contain “skeletons in the closet” because of its continued reliance on cash-based accounting.Robert Myers, the Organisation for Responsible Governance’s (ORG) pri
DPM: Full VAT impact may not be till new year
The Government “may be a little behind” its 2018-2019 fiscal projections, it was revealed yesterday, with the full VAT rate hike impact not felt until the New Year.KP Turnquest, pictured, deputy prime minister, told Tribune Business that the Ministry
National debt grows $137m
The Bahamas’ national debt increased by $136.5m during the 2018-2019 fiscal year’s first quarter, taking the total sum owed by this nation to around the $8bn mark. The Ministry of Finance’s “snapshot” report, its first effort at quarterly financial r
NAD's debt refinancing launch before year-end
The Nassau Airport Development Company’s (NAD) $125m-$130m is due to come to market before year-end 2018, a senior Royal Fidelity executive has revealed.Jim Wilson, the investment bank’s vice-president of corporate finance, confirmed in a press relea
Securities Commission 'shifting the narrative'
The Securities Commission has joined a small group of regulators approved to be signatories to the International Organisation of Securities Commissions’ (IOSCO’s) new enforcement-related information-sharing agreement.The new Enhanced Multilateral Mem
BTVI receives technology gift
The Bahamas Technical and Vocational Institute (BTVI) recently received a donation of 13 desktop computers and 15 monitors for its Student Resource Centre.Retired accountant, Robert V Lotmore, partnered with Custom Computers to make the donation in h
BTVI boosted by donation from Custom Computers
THE Bahamas Technical and Vocational Institute recently received a generous donation of 13 desktop computers and 15 monitors to be used in its student resource centre.Retired accountant Robert Lotmore partnered with Custom Computers to make this dona
10302018 EDITION
Tuesday, 30th October, 2018.
Man found stabbed to death outside Okra Hill City Lodge
POLICE are investigating the death of a man found stabbed and wrapped in a sheet in a bushy area outside the Okra Hill City Lodge property yesterday.
FACE TO FACE: From humble beginnings to the NFL
When Edwin A Smith was a little boy growing up in Bain Town in the 1950s, there were great Bahamian athletes making it to the big leagues in baseball or track and field. So, little boys had much to aspire to if they wished to become a professional athlete. But Ed, who spent his afternoons shooting marbles, flying kites, playing stick ball, wrestling, or swimming on Long Wharf beach during the summers, had no idea at the time he would one day make Bahamian history as the first to go pro in an entirely different sport.
'Govt should have talked to unions on tax'
WHILE he agrees that sugary drinks should be taxed, Bahamas Electrical Workers Union president Paul Maynard criticised the government for its lack of comprehensive consultation with unions over the proposed two percent salary tax to pay for National
We can't offer you any more money, says Sands
HEALTH Minister Dr Duane Sands said officials expect healthcare services to be negatively impacted this week if the Bahamas Nurses Union continues to protest, adding some elective procedures could be postponed or cancelled.Calling the situation “unfo
Campbell confirms the kids in limbo
THE Bahamas-born grandchildren of Haitian migrants are recognised by the government as stateless, according to Social Services Minister Frankie Campbell, who told a United Nations body the government is working to amend the Nationality Act to ensure no one falls through the cracks.
DRIVER TO PAY $10K FOR PARKING PUNCH-UP
A HOTEL worker was yesterday ordered to pay a woman $10,000 for throwing her to the ground over a parking dispute near a Paradise Island parking lot last month.
Will firms abandon private health?
SOME Bahamians with comprehensive employer-sponsored group health insurance plans fear businesses will drop these and provide only the minimum benefits required by the Minnis administration’s proposed National Health Insurance scheme.
STALEMATE: Nurses walk out and threaten more to come
NURSES yesterday upped the ante in their resistance to an impending “slavery” shift change by staging staggered lunch break walkouts, which slowed service at Princess Margaret Hospital and public health facilities throughout the country.
Davis: 'It's an honour for them to have recognised me'
ALTHOUGH she was one of the pioneers for women’s basketball in the country, Linda Davis was surprised that she was honoured by the New Providence Women’s Basketball Association.Over the weekend, the NPWBA held its annual All-Girls High School Basketb
PRESS BOX: Could Anthony Davis be the next superstar centre for Lakers?
DON’T get it twisted, this is not an open embrace for LeBron James, just a simple thank you. Yes, thank you LBJ for putting a muzzle on the overly annoying and irritating LaVar Ball. Yes, Lonzo’s daddy!!The outspoken, erratic father of Lonzo Ball use
Second annual Faye Rolle Classic all set for UB auditorium this Saturday
THERE’S a change in venue and the number of novice bodybuilders competing, but the Bahamas Bodybuilding and Fitness Federation (BBFF) anticipates the same level of excitement at the second annual Faye Rolle Classic.The big event will also see the int
Time for the Roland T Symonette building
The Commonwealth of the Bahamas is in desperate need of a Post Office Department. Instead of all the back-and-forth talks, something should be done and soon.
