Minister ‘shocked’ by realtors’ challenge to real property tax
A Cabinet minister yesterday said he was “shocked and disappointed” that Bahamian realtors are calling for the withdrawal of all 2022 real property tax bills because they are “illegal and invalid”.
Oil explorer plans no Bahamas work in ‘22
The former Bahamas Petroleum Company (BPC) yesterday said it will undertake “no material work” in this nation during 2022 other than maintaining its rights to renew four exploration licences.
Economy 2% smaller than pre-COVID at 2023’s end
The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.
ART OF GRAPHIX: The joys of being an entrepreneur
Running your own business offers many perks. But deciding to start one is a leap of faith. It requires pushing beyond your comfort zone. If that idea excites you, then you may be ready to take the plunge and be the chief executive of your own company. It may require taking a few risk, but the possibility of significant rewards is huge. If you are not yet convinced, here are some of the best reasons for starting your own business.
In ‘national interest’ to end water plant waste
A Cabinet minister yesterday said it was “manifestly in the national interest” to complete a much-criticised waste water treatment plant project plagued by a 91 percent cost overrun.
Taxpayers face extra $31m bill to finish baseball home
Bahamian taxpayers will have to provide an extra $31m to complete an Andre Rodgers baseball stadium that the Minnis administration feared will “never pay for itself”, it was revealed yesterday.
Crawfish catches are ‘largest in 20 years’
A Bahamian fisherman yesterday said crawfish catches are the “largest I have seen in 20 years”, with international certification having helped to boost prices 40 percent above pre-COVID levels.
Crystal Cruises halt labelled ‘no big deal’
FAMILY Island vendors yesterday said it was “not a big deal” that Crystal Cruises has suspended sailing until at least the end of April 2022 because they were not benefiting significantly from its stops.
Bahamas corruption: ‘Full picture not told’
The Bahamas’ latest relatively favourable corruption ranking “doesn’t tell the full picture”, governance reformers warned yesterday, as they urged it to “grow a culture of integrity”.
Gov’t U-turn on Grand Lucayan union appeal
The Government has reversed course and settled a wrongful/unfair dismissal claim by 36 current and former Grand Lucayan managers that it previously won before the Supreme Court.
Construction VAT silence branded ‘unconscionable’
Abaco’s Chamber of Commerce president yesterday said it was “unconscionable” that the Government had yet to reverse VAT’s return on construction services, adding: “There’s a lot of angry people here.”
Unions voices concern on civil service reforms
The Government has been warned not to “disadvantage” any civil servants in its planned reforms with their union chief voicing disappointment with the Government’s failure to fully consult.
Bahamas First says portal ‘won’t marginalise’ agents
Bahamas First’s top executive yesterday reassured that its new online insurance portal will “not marginalise” agents and brokers, and had been created “in lock step” with the law and regulations.
Five policy priorities for Bahamas in ‘22
AS The Bahamas ushers in 2022 amid the social and economic crises brought on by the COVID-19 pandemic, there are many immediate needs that the current Bahamas government should address.
Cable chief: Remote work needs productivity ‘balance’
Cable Bahamas’ top executive yesterday said companies must “strike a balance between productivity and flexibility” when employees are working remotely.
