‘Game played in shadow’: Realtors lose on strike-out
A Supreme Court judge has ordered that a real estate firm, co-founded by the Bahamas’ ambassador to Morocco, be named as a defendant in a $112,000 construction contract dispute.
Super Value making ‘good progress’ on cheaper eggs
Super Value’s president is voicing optimism that it will “shortly” be able to offer lower-priced eggs to hard-pressed Bahamian consumers after sourcing supplies from outside the bird flu-ravaged US.
Govt U-turn on car insurance renewal on birth-month
Insurers have hailed the government’s move to abandon the “counter productive” stipulation that all Bahamian and resident drivers must annually renew auto insurance coverage in their birth month.
‘From burners to earners’: PM targets Bahamas’ ‘junk’ escape
The Government must transform some in the “bloated” civil service from “burners to earners” and generate annual 5 percent GDP growth to return The Bahamas to ‘investment grade’ status within three years.
Gov’t facing $552m guarantees for SOEs
The Government potentially faces having to guarantee almost $552m on behalf of the very state-owned enterprises (SOEs) that the Prime Minister yesterday identified as a major “risk” to its financial well-being.
‘At a loss’: But Davis sticks to $70m deficit
The Opposition’s finance chief yesterday asserted he is “at a loss” over why the Prime Minister is standing by the $70m full-year deficit target despite overshooting this more than five-fold after just six months.
PM: ‘Hell no’ to IMF’s 15% VAT suggestion
The Prime Minister yesterday revealed his response to International Monetary Fund (IMF) recommendations that The Bahamas increase its VAT rate to 15 percent was: “Hell no.”
Bahamian cocktail bar gains ‘50 Best’ ranking
Bon Vivants, the Bahamian café and craft cocktail bar, in the ‘50 Best Discovery’ rankings for 2025.
Gov’t uses 73% of Budget Reserve during first-half
The Government spent 73 percent, or more than two-thirds, of the $60.275m allocated for its Budget Reserve Appropriation fund during the 2024-2025 fiscal year’s first-half, it was revealed yesterday.
PM pledges simpler tax filing via ‘OneTax’ portal
The Prime Minister yesterday pledged the Government’s new “OneTax” portal will make paying taxes easier and simpler as he hailed the revenue generated by enhanced compliance and enforcement efforts.
Cruise lines’ private islands ‘akin to many mega resorts’
Prime Minister Philip Davis said official growth estimates do not accurately reflect the “true scope” of the country’s economic activity and an assessment will be done on the full economic impact of the cruise industry.
PM explains high expenditure as ‘front-loaded’ capital spending
Prime Minister Philip Davis said his administration “front-loaded” capital expenditure during the first half of the 2024/2025 fiscal budget leading to record expenditure early in the budget cycle.
Golden Yolk no joke - as plans revealed to lessen bird flu risk
The Ministry of Agriculture is seeking to lessen the risk of bird flu by utilising tetra brown chickens for the Golden Yolk programme, which will be sold to wholesalers.
Marine sector not paying enough compared to other visitors - PM
The government will move forward with a strategic plan for the management of moorings, said Prime Minister Philip Davis yesterday, as he said the marine sector is “underrepresented” in revenue collections.
Country to stay ‘alert’ over US disputes with partners
THE Bahamas will “remain alert” for potential disruptions from trade disputes between the US and other global partners, Prime Minister Philip Davis said yesterday.
