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.
Customs promotions by month’s end ‘impossible’
A Cabinet minister yesterday said it was “absolutely impossible” to complete all Customs promotions by month’s end as the team assessing the matter had only just begun their work.
‘Not punitive’: Just 3% of homes see tax hike
The Ministry of Finance’s top official yesterday asserted that just 3 percent of New Providence homeowners will suffer a real property tax hike this year, adding: “We chose not to be punitive.”
$60m farm project aiming to ‘make agriculture sexy’
Bahamian investors will get details on how they can invest in a $60m hydroponic farming project by early March, its principals saying yesterday: “We want to make agriculture sexy again.”
Legal queries raised on property tax revaluation
A realtor is questioning whether the recent New Providence-wide real property tax revaluation violated Bahamian law because it used an overseas contractor to perform appraisals.
Farming investors: ‘You can taste the difference’
The Bahamian principals behind a $60m hydroponic farm project yesterday voiced hope it will inspire “our fellow Bahamians” to invest in the sector, adding: “We’re full speed ahead.”
BPL’s ‘wild price swings’ preventer set for extension
Bahamas Power & Light’s (BPL) chairman yesterday said the utility’s fuel hedging strategy will almost certainly be continued beyond end-June 2022 to protect customers from “wild price swings”.
‘Absolutely livid’ over doubling, tripling tax
Real property taxpayers were yesterday said to be “absolutely livid” after receiving bills that doubled and tripled their 2022 payments following the recent New Providence-wide revaluation.
Top US trade body singles out ‘bribes of convenience’
The Bahamian political system is “beleaguered by reports of corruption”, a newly-released US government report has asserted, singling out what it labelled as “small scale ‘bribes of convenience’”.
Airlines ‘pay price’ over COVID surge with 15-20% drop
Bahamian domestic airlines have “paid the price” for the recent Omicron-led COVID case surge with a 15-20 percent drop in passenger numbers, an industry executive has revealed.
