Gov’t’s $2.5m elevator cost ‘quite exceptional’
THE Bahamian Contractors Association’s (BCA) president says spending $2.5m to replace an elevator at the Government’s Cecil Wallace-Whitfield Centre is “quite exceptional”, and asked: “Is it made of gold?”
Sears unveils plan for NIB rate increase
ALFRED Sears, Minister of Immigration and National Insurance announced that NIB rates will increase by 1.5 percent effective July 1.
GOVT SEEKS TO EASE FEARS OF 26.3% NIB: PM’s Office responds to concerns contributions ‘like income tax’ by 2044
The Prime Minister’s Office last night sought to quell fears that the total National Insurance Board (NIB) contribution rate will hit 26.3 percent in 2044 and become “equivalent to an income tax”.
No BPL ‘rush job’ trap on billion-dollar needs
THE Government must not allow Bahamas Power & Light’s (BPL) “dire” billion-dollar needs to trap it into an energy reform “rush job”, a former Chamber of Commerce head urged yesterday.
PM’s ‘line in the sand’ on wealthy tax evaders
THE Prime Minister yesterday doubled down on his pledge of no “new taxes that will directly impact Bahamian families” while asserting that the Government has “drawn a line in the sand” on tax evaders.
PM: ‘Fundamentals’ of BPL deal now agreed
THE Prime Minister last night said “the fundamentals of the deal” to outsource Bahamas Power & Light’s (BPL) management are agreed amid pledges the deal will take the utility to a “gold standard”.
PM: No secret deal over BPL
PRIME Minister Philip “Brave” Davis maintained there is no “secret deal” involving Bahamas Power and Light and that the government is in the middle of negotiations and cannot disclose details at this time.
Taxi and bus fare increases coming - but first quarter target ‘missed’
INCREASES in fares for taxis and buses will be included in the “coming weeks”, according to Minister of Energy and Transportation JoBeth Coleby-Davis.
Glover-Rolle says majority of labour agreements registered
MORE than half of the industrial agreements negotiated under the Davis administration have been registered, according to Minister of Labour and the Public Service Pia Glover-Rolle.
Pintard: Deficit ‘will be $400m or higher’
The Opposition’s leader yesterday predicted the Government’s full-year fiscal deficit will be “around $400m or higher” as the Prime Minister stuck to an original forecast that is less than one-third that amount.
Low-cost, reliable energy ‘must be 150% the focus’
PRIVATE sector executives yesterday urged the Government to drive for “cost competitive, stable” electricity and not be held hostage by Bahamas Power & Light’s (BPL) trade unions over energy reform.
‘Impeccable’ Heroic timing: $7.1m plant ‘well worth it’
A GRAND Bahama concrete plant’s $7.1m investment is “well worth it” despite exceeding budget given the “impeccable” timing of yesterday’s ready-mix production launch.
Village Road roadworks: ‘Cold’ but fight not over
VILLAGE Road businesses yesterday said that while their battle for roadworks relief and compensation from the Government has gone “cold” they have not gone away or given up the struggle.
$20m condo project in fresh approval bid
A WESTERN New Providence condo project, which is aiming to create up to 150 construction jobs via an up to $20m investment, is altering its plans and aims to reapply following the original blueprint’s rejection.
‘Catching hell’: Air traffic controllers face challenge
BAHAMIAN air traffic controllers have been “catching hell” over system upgrades that were implemented during the weekend, their union president has asserted.
