Fisheries protection goes beyond poaching
A Cabinet Minister yesterday said a “multi-pronged” approach is needed to ensure marine protection and sustainability, adding that this cannot be confined to anti-poaching measures.Speaking with Tribune Business following a press to announce a public
Jobs website dresses recruits for success
More than 30,000 Bahamians have used 242jobs.com to connect with employers and find jobs, with half registering profiles on the site.Donavon Powell, 242jobs.com’s chief executive, started the online site to tackle The Bahamas’ unemployment rate and l
Chamber chief: 'Too early 'for blame game over VAT
Blaming the VAT hike for business declines is “the easy answer”, Exuma’s Chamber of Commerce chief said yesterday, as the 12 percent rate is felt far more keenly in the Family Islands.Pedro Rolle warned against rushing to judgment over recent “notice
Tourism's counter-attack against ex-beauty queen
The Ministry of Tourism is claiming it could not have breached a former Bahamian beauty queen’s copyright because of her deal with the Junkanoo Carnival organisers.The government agency, in a furious counter-attack against Khiara Sherman, pictured, t
PM to unveil $2bn GB deal
The prime minister will today announce the heads of agreement signing for the $2bn revival of the former Ginn project in Grand Bahama’s West End, sources said last night.Well-placed Tribune Business contacts suggested Dr Hubert Minnis plans to make a
Bahamian airline in 'multi-million' growth
WESTERN Air is eyeing route expansion both domestically and internationally, having made a “multi-million” investment to upgrade its fleet through the addition of three new jets.Sherrexcia “Rexy” Rolle, the Bahamian airline’s vice-president of operat
Contractors differ over VAT waiver
Top Bahamian Contractors Association (BCA) executives yesterday took opposing stances on the industry’s ability to access the “waiver” from 12 pecent VAT on pre-existing contracts.Leonard Sands, pictured, the BCA’s president, told Tribune Business th
Make Fiscal Bill 'first thing worked on' after summer
Governance reformers last night urged the government to make the Fiscal Responsibility Bill “the first thing they work on” when Parliament returns, expressing disquiet over its delay until fall.Matt Aubry, the Organisation for Responsible Governance’
Govt targeting jobs tie-up with carnival
The government is hoping Bahamians will soon find work aboard luxury cruise ships through its partnership with Carnival Cruise Lines.Senator Dion A Foulkes, the minister of labour, and Ministry officials sought to move the initiative forward in recen
VAT exemptions 'no small order'
The DEPUTY prime minister yesterday conceded it was “no small order” for foods stores and pharmacies to reclassify products ahead of their value-added tax (VAT) “zero rating” on August 1.KP Turnquest acknowledged that the Minnis administration’s poli
'Shooting in the dark' over WTO's impacts
The private sector is “shooting in the dark” over World Trade Organisation (WTO) membership’s impact due to the absence of proper economic analysis, the insurance sector chair is warning.Emmanuel Komolafe, adding his voice to similar concerns already
Patron taxes a 'major concern' for web shops
THE twin five percent Stamp Tax levies on web shop patrons are a “significant concern” for operators, the Gaming House Operators Association’s chief executive said yesterday.Gershan Major told Tribune Business that while it was difficult to determine
Tax 'best practice' may have avoided 12% VAT
The Chamber of Commerce’s chairman yesterday gave his backing to the concept of adding real property tax to utility bills as a means of achieving “best practice” on compliance levels.Michael Maura told Tribune Business it was “more than likely” that
Ex-Senate president’s setback over Fox Hill committal for attorney
An ex-Senate president has suffered a setback in her bid to collect a $186,809, eight year-old debt from a fellow attorney by having her sent to Fox Hill Prison for 21 days.
'Greater risk' for insurers if 90-day cover eliminated
Eliminating 90-day “cover notes” will fail to curb uninsured drivers while increasing the risk faced by insurance companies, the Bahamas Insurance Association’s (BIA) chair warned yesterday.Emmanuel Komolafe told Tribune Business there was a mistaken
