Tax agency’s VAT interpretation more important than law reprint
The Chamber of Commerce’s chief executive yesterday called for the private sector to be better educated on the VAT legislation to ensure “optimal understanding and adherence”.
New Providence home sales hit fastest pace in two years
New Providence real estate sold at the fastest pace for two years in the 2024 second quarter with a well-known realtor yesterday saying the market had achieved a state of “balance”.
Private pilots: ‘We don’t need’ airport upgrades
A Bahamas Flying Ambassador is arguing that the cost of Family Island airport upgrades should be placed on the commercial airlines rather than private pilots who “haven’t asked for and don’t want” them.
Controversy over Athol Island permit’s tabling
An Opposition MP says he will confirm with the House of Assembly’s clerk whether the Government tabled an environmental permit for a dock amid growing controversy over Athol Island.
Judge: Medical Act ‘not drafted carefully’
A Supreme Court judge has branded the Medical Act as badly written in finding that Parliament intended to permit specialist physicians to challenge any refusal to register them in The Bahamas.
Eleuthera residents still left short as water outages go on
Residents and businesses in Eleuthera are still experiencing water outages as they have for the past weeks, with one business telling Tribune Business they are “lucky” at their store due to its location.
Law reprint to end VAT ‘nightmare’
The Attorney General yesterday pledged to end the VAT Act “nightmare” by consolidating all the past decade’s changes into a single law that will be reprinted this year.
Artist: IP bills will help - but they must be timely
ACTIVIST and recording artist Terneille “TaDa” Burrows said the government’s passing of a compendium of Intellectual Property legislation, including a fully digital Intellectual Property Office, will be “beneficial” to Bahamian artists when it is operational.
Land reform proposals go out to consultation
Attorney General Ryan Pinder said the Land Adjudication Bill and Land Registration Bill should be tabled in Parliament this fall with the new land registry to be established in 2025.
Bahamas to benefit from climate finance initiative
The Bahamas is among the Caribbean nations set to benefit from an initiative designed to accelerate private sector investment in climate change mitigation and adaptation projects.
Bahamasair delays Montego Bay flights
Bahamasair yesterday said it has postponed scheduled flights from Nassau into Montego Bay, Jamaica, which were due to operate from July 25 to September 8, 2024.
IT meltdown won’t halt digital payments drive
The Bahamas’ digital payments drive will not be stalled by Friday’s global IT outage, a prominent banker argued yesterday, as the benefits “far outstrip” the impacts from this event.
Top pilot body warns PM on ‘egregious’ fee hikes
The world’s largest private pilot body has warned the Prime Minister “there is no question The Bahamas will lose its competitive advantage” unless it tackles “egregious fees” and other obstacles to general aviation.
‘Unfriendly’ society found illegally selling insurance
Insurance regulators found an entity registered under the Friendly Societies Act was breaching multiple laws by selling insurance products to persons who were non-members.
IT meltdown ‘wake up call’ for local business
Bahamian businesses and information technology (IT) providers yesterday branded Friday’s global meltdown “a wake-up call” in exposing this nation’s vulnerability to events over which it has no control.
