Levy-raising power is 'too open ended'
Governance reformers yesterday argued that the discretion afforded the minister of finance by proposed legislation enabling the introduction of so-called 'sin' or 'sugar' taxes is "too open ended".
BTC targets Internet lead with 90% fibre coverage
The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.
Saudi oil production cuts fuel concerns of soaring prices locally at the pump
SAUDI Arabia’s plan to cut oil output is exacerbating petroleum retailers’ concerns over their current price-controlled margins regime, according to Vasco Bastian, vice president of the Bahamas Petroleum Dealers Association.
Adrian Gibson says roads in Long Island are in ‘unacceptable’ shape
THE state of the roads in Long Island has been criticised by the local Member of Parliament, Adrian Gibson, who declared: “Enough is enough!”
Claims improper practice used in rental of consumer protection office
THE deputy chairman of the Consumer Protection Commission claims improper practices led the government to choose the agency’s new rental space, a claim Economic Affairs Minister Michael Halkitis denied yesterday.
Some Parliamentarians have STILL not disclosed
SOME elected officials have still not complied with financial disclosure requirements in 2023, according to Public Disclosure Commission Chairman Bishop Victor Cooper.
Police in Azario shooting appeal coroner’s ruling
THE police officers who killed Azario Major have officially appealed the Coroner’s Court finding of homicide by manslaughter, claiming a pre-trial video made it impossible for jurors to remain impartial and independent.
PM: NIB RATE TO RISE – BUT NOT FOR A YEAR: Davis announces July 2024 date but not size of increase
THE National Insurance Board may lose nearly $100m this year now that Prime Minister Philip “Brave” Davis confirmed there would be no contribution rate increase until July 1st, 2024, deepening the fund’s woes.
Jonquel, Liberty look to bounce back after Sunday’s loss to Sky
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.
Bains & Grants Town Summer Games July 24 to August 12
FOLLOWING a successful trial run last year, Member of Parliament Wayde Watson and his committee are looking forward to the hosting of their second annual Bains & Grants Town Summer Games.
BAAA Track & Field champs set for next month
THE Bahamas Association of Athletic Associations is anticipating a grand affair when they host their Senior and Junior National Track and Field Championships next month.
Sensei Shawn Smith says karate tournament was a great success
THE Bassai Bahamas Karate-Do hosted the second edition of the open karate tourney/Bahamas Karate Championships this past weekend at the Kendal G L Isaacs Gymnasium.
Dream of a Freeport Utopian city
Freeport as a Start-Up City and the creation of the world’s first AquaMarine Economy Model.
GB Deck the Roundabout 50th Independence competition announced with $20K in prizes
GRAND Bahamians are encouraged to demonstrate their pride and patriotism by decorating businesses, homes - and, yes, roundabouts for the 50th Independence anniversary celebrations.
Devynne Charlton 2nd
After a five-week break to deal with an ankle injury, it was business as usual for high hurdler Devynne Charlton.
Oil price rise to harden Gov'ts margin stance
A Cabinet minister yesterday warned that any spike in global oil prices caused by Saudi Arabia's imminent production cut will further harden the Government's stance against granting petroleum retailers a margin increase.
Local excursion operators: Tax foreign charters more
Bahamian excursion operators yesterday said this nation should ban foreign yacht charters on vessels below a certain length as well as requiring this sector to pay Business Licence and work permits fees.
Bahamas can’t escape making hard decisions
In his second and final article, Hubert Edwards says the country cannot ignore warning signs despite there being cause for cautious optimism
My first article encompassed an assessment of the opening Budget communication by the Prime Minister, arguing that the numbers are positive but necessarily rest on confirmation of the 2022-2023 fiscal year's last quarter performance. It also went beyond the numbers to look at the issues which hold significance for the fiscal year ahead. This article continues with a consideration of emerging themes.




