Mobile rivals in big ‘Black Friday’ surge
MOBILE rivals BTC and Aliv both reported a strong surge in business during their “Black Friday” promotions, with scores of customers taking advantage of their offerings.
Inland Revenue’s NHI policing role ‘too much’
Making the Government’s main tax authority a policing agent for National Health Insurance (NHI) is “too much, too soon”, the Chamber of Commerce’s chairman warned yesterday.
Governance and regulatory woes hurt renewables
Poor governance and regulatory challenges have been blamed for the failure to better integrate renewable energy into The Bahamas electricity mix, with investors unsure where they stand.The Inter-American Development Bank (IDB), outlining the terms of
Chamber blasts 'unfair' sugary drinks NHI tax
The Government’s plan to part-finance National Health Insurance (NHI) by singling out “sugary drinks” was yesterday blasted as “unfair”, amid calls for such “sin taxes” to be more widely based.The Bahamas Chamber of Commerce and Employers Confederati
DPM, Opposition trade fiscal hits
The Deputy Prime Minister and his PLP counterpart yesterday traded accusations of “ineptitude” over which party is to blame for The Bahamas’ fiscal crisis following the $105m deficit overshoot.The exchange between Chester Cooper, the Opposition’s fin
Inland Revenue's NHI policing role 'too much'
Making the Government’s main tax authority a policing agent for National Health Insurance (NHI) is “too much, too soon”, the Chamber of Commerce’s chairman warned yesterday.Michael Maura told Tribune Business yesterday that using the Department of In
Union tells govt: Protect BTC value for future sale
The Bahamas Telecommunications Company’s (BTC) line staff union has urged the Government to protect the value of its shareholding and commit to selling this to Bahamian investors.Dino Rolle, the Bahamas Communications and Public Officers Union’s (BCP
$100,000 'buy NHI' mark 'way too low'
The $100,000 National Health Insurance (NHI) exemption threshold for businesses is “way too low” and should be raised to $500,000, the Chamber of Commerce’s chairman said yesterday.Michael Maura told Tribune Business that the proposed annual revenue
Mobile rivals in big 'Black Friday' surge
MOBILE rivals BTC and Aliv both reported a strong surge in business during their “Black Friday” promotions, with scores of customers taking advantage of their offerings.Sasha Lightbourne, Aliv spokesperson, told Tribune Business: “Our expectations fo
BTC begins 'fight for every customer'
The Bahamas Telecommunications Company (BTC) has moved swiftly to deliver on pledges of increased consumer value with the launch of its 90-day Always On mobile promotion.Garry Sinclair, pictured, BTC’s chief executive, said the offer - designed to gi
Govt invests $3.5m in Lucayan facelift
The Government is investing $3.5m in pre-sale upgrades at the Grand Lucayan, the resort’s chairman revealed yesterday, with a preferred buyer unlikely to be selected before Easter 2019.
$105m deficit overshoot rationale ‘not full picture’
A top accountant yesterday argued that the Government’s explanation for the $105m deficit overshoot was “not the complete picture”, and raised fears there may be more bad news ahead.
Where’s the ‘modern governance’ pledged in return for VAT hike?
The Bahamas is not getting the “modern governance” promised in return for the VAT hike, a leading reformer blasted yesterday, with people “sick and tired” of financing a bloated public sector.
Poor processes slash GDP growth by 1% pt annually
Poor governance and business processes have slashed Bahamian economic growth by an average one percent of GDP every year this century, the Government has admitted.
‘Road map’ to end ‘severe’ risk of SOEs
The Government will hire consultants to develop a “road map” for making all state-owned enterprises (SOEs) self-sufficient and eliminate the “severe” fiscal risk they pose.
