Grand Bahama residents concerned about naked vagrant in neighbourhood
CONCERNED residents of a Grand Bahama community complained to the island’s new top police officer about a man who roams naked, rummaging through their garbage bins.
Search ends for missing American teen
THE Royal Bahamas Defence Force has suspended its search for an American teen who reportedly jumped overboard from a pleasure vessel in Bahamian waters last week.
RCI spending $50m to restore western PI beach environment
AN estimated $50m will be spent to restore the western Paradise Island environment that will feature Royal Caribbean International’s Royal Beach Club project if it gets final approval, according to RCI’s chief product and innovation officer Jay Schneider.
Boating industry watches for VAT yacht charter ease
A former Association of Bahamas Marinas (ABM) president says the industry is "eagerly" waiting to see if the VAT on yacht charters is adjusted in today's Budget as he blamed its imposition for a 20 percent gross revenue fall at his business.
Corporate tax paper 'setting foundation' to broaden base
A prominent banker yesterday asserted it was no accident that the Government released its corporate income tax 'green paper' just days before the Budget, adding: "It needs to increase its revenue base."
The Budget Communication – as it happened
Prime Minister Davis says the Budget aims to strengthen national security, economic security and the lives of people of The Bahamas. He says the global economy is showing signs of improvement although there is still much work to be done to recover from recent challenges. He adds that average consumer prices rose in the US by eight percent, while policy rate of interest has been raised ten times, driven primarily by rising inflation. He highlights the effects on The Bahamas in terms of higher borrowing costs.
Abaco Dump continues to burn as residents’ concerns not addressed
SOME Abaco residents believe the government’s failure to address issues involving the burning of debris at Abaco dump sites has subjected people to health problems.
Businesses awaiting Budget with 'anxiety'
Bahamian business owners yesterday admitted to feeling "some anxiety" over today's Budget as the Davis administration was urged to prioritise ease of doing business reforms to generate faster economic growth.
Forecast 78% deficit slash 'significant ask'
Achieving current projections of a 78 percent year-over-year cut in the Government's fiscal deficit will be "a significant ask" based on existing trends, a governance reformer warned ahead of today's 2023-2024 Budget.
FTX chief’s fate lies in Bahamas’ hands
THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.
Lawyer for police ‘looks to quash’ Azario ruling
NATIONAL Security Minister Wayne Munroe said yesterday that the lawyer of the police officers involved in the killing of Azario Major had asked the Supreme Court to quash the finding of a Coroner’s Court inquest.
Munroe rejects criticism on MP rape claim investigation
NATIONAL Security Minister Wayne Munroe rejected criticism yesterday about the length of the police investigation into a woman’s allegations of abuse involving a sitting MP.
GOVT SILENT ON NIB INCREASE IN BUDGET – Sands: Administration ‘is dodging the issue’ over state of fund
PRIME Minister Philip “Brave” Davis is expected to discuss fiscal stability measures when he delivers his budget communication today – but officials have been mum on whether he will announce an increase in National Insurance Board contribution rates.
National amateur golfers in win column
AFTER three days of competition at the Ocean Club, Albany and Lyford Cay, the Bahamas Golf Federation concluded its national amateur golf championships over the weekend.
CR Walker Lady Knight Valtinique steals spotlight at soccer nationals
VALTINIQUE Simmons turned in an impressive showing at the Samuel P Haven Jr soccer nationals and at the Government Secondary Schools Sports Association (GSSSA) soccer championships.
Equestrians celebrate in grand style at End of Year Awards event
IT was a festive atmosphere at Balmoral House this weekend as equestrian athletes, trainers and federation officials gathered with friends and family to celebrate the end of the 2022-2023 competition year, which featured strong performances at home as well as successes in regional and international competitions.
Half of Royal Caribbean's PI investment on site clean-up
A senior Royal Caribbean executive yesterday disclosed around half the investment in its Paradise Island project will be spent on cleaning and restoring much of the 17-acre prior to construction starting.
Left to wait
After conferring with my doctor last week and doing the paperwork I was scheduled to have my blood drawn and tested today at the Rock Sound clinic.
Ras Delancy named Player of the Year
Ras Jesse Delancy, in completing his sophomore year at Benedict College, added another feather to his cap when he was selected last week as the 2023 Division II National Player of the Year.
EDITORIAL: Will a decision be made on NIB at last?
ALL eyes will be on Parliament today for the Budget – and while there are many questions about how the government will tackle income and spending for the year ahead, the thorny one of what to do about the National Insurance Board fund persists.
