Kirk Cornish issues clarification and apology for comments
WEDNESDAY AFTERNOON UPDATE: North Abaco MP Kirk Cornish has issued a clarification and apology regarding his recent comments:
‘No choice’ but to go Bahamian
The Government must build greater “trust and confidence” in its fiscal plan among Bahamian investors given it has “no choice” but to almost exclusively tap the local capital markets to meet its nine-figure deficit financing demands.
‘Nothing to lose’ on 5% corporate tax
A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”
Inland Revenue must be a ‘well oiled machine’ for corporate tax
The Department of Inland Revenue (DIR) must become “a well-oiled machine” that is far more responsive to taxpayer needs under a corporate income tax regime, a prominent accountant is urging.
Grocers chief rejects PM’s ‘dumping’ fears
The Retail Grocers Association’s (RGA) president yesterday rejected the Prime Minister’s assertion that The Bahamas is a ‘dumping ground’ for unsafe and inferior goods, and charged: “You can stop it at the border.”
Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
FNM chairman says North Abaco MP has ‘foot in mouth’ disease
FREE National Movement chairman Dr Duane Sands said North Abaco MP Kirk Cornish has “foot and mouth disease”.
Bahamian accountant calls for Caribbean united front
A Bahamian accountant has called on the Caribbean to adopt a united front over how mandatory environment, social and governance (ESG) reporting standards will be embraced in regional laws and regulations.
North Andros without power after blaze at Nicholl's Town plant
An early morning fire at the Nicholl's Town Bahamas Power & Light plant has left the entire island of North Andros without power.
Marine who allegedly shot wrong man in custody
A MARINE who allegedly shot the wrong person during an argument with other men at a bar over the weekend has been arrested, National Security Minister Wayne Munroe said.
FNM shocked as Lewis joins Coalition protest of Immigration Minister
CENTRAL Grand Bahama MP Iram Lewis raised eyebrows in the Free National Movement yesterday when he joined members of the Coalition of Independents at a protest demanding the resignation of Immigration Minister Keith Bell.
Motion to overturn Azario ruling ‘premature’ says Justice
A SUPREME Court judge called a constitutional motion to overturn the homicide by manslaughter finding against officers who killed Azario Major “premature” yesterday.
Munroe: Bahari has no permit for National symbols use
NATIONAL Security Minister Wayne Munroe said a popular clothing store, Bahari Bahamas, does not have permits to feature Bahamian national symbols on their merchandise and has not responded to his ministry’s demands to comply with the law.
Fourth of July fireworks are a farce
The fourth of July fireworks orchestrated each year by the major resorts of the capital are a farce. Comedic, ludicrous, verging on the absurd – each time I experience them I cannot help but wonder: will The Bahamas ever become self-aware?
Who’s coming?
So now nine plus days to the 10th and public doesn’t know if any Royalty will represent the new King - as King of the Bahamas — are there any VIPs coming? How many CARICOM PMs coming (note Jamaica’s recent celebration few attended).
The wrong term
Having spent a few years in London, returning recently one becomes educated in the Brits’ traditions such as Beating the Retreat — Trooping the Colour …what are very traditional military events.
Courts and congestion
The AG’s announcement to acquire 50 Shirley Street and adjourning to develop as a new Court complex has to beg the question … why again building in the centre of already congested Nassau?
Man gets three-and-a-half years for gun charges
A MAN was sentenced to three and a half years in prison after being found guilty of having a loaded gun during a police chase in 2018.
$6k bail for man accused of death threat to girlfriend
A MAN is in custody after allegedly breaking into his girlfriend’s house in Cat Island last month and threatening to kill her.
Man held on charge of arson
A MAN is behind bars after allegedly setting fire Sunday night to a home occupied by a mother and her child.
