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Merchant surprise as sweets and sugary drinks not included in VAT cut 5 comments
Insurer: 95% of customers to see no property increase
Merchant surprise as candy, sugary drinks not in VAT cut
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FACING REALITY: Education is not in the classroom
Latest stories
Bahamas hit by 10 percent tariff by US
THE Bahamas has been hit with a 10% tariff as the US has announced tariffs affecting nations around the world.
Stepfather accused of molesting 12-year-old
A 40-Year-old man was remanded yesterday after he was accused of molesting his 12-year-old stepdaughter twice over the past ten months.
Judge denies man’s bail over ‘highly irregular’ affidavit to withdraw charges
A MAN accused of armed robbery — while already on bail for murder and attempted murder — was denied bail for a third time after the Court of Appeal raised alarm over an affidavit allegedly filed by the complainant asking to withdraw the matter.
Merchant surprise as sweets and sugary drinks not included in VAT cut
A Cabinet minister yesterday hailed the decision not to give candy and sugary drinks a 50 percent VAT rate cut despite the initial confusion this caused for food store merchants.
Insurer: 95% of customers to see no property increase
A Bahamian insurer says 95 percent of its clients will suffer no increase in their property coverage premiums for 2025 amid hopes prices may reduce finally reduce next year if global losses stay below $110bn.
Merchant surprise as candy, sugary drinks not in VAT cut
A Cabinet minister yesterday hailed the decision not to give candy and sugary drinks a 50 percent VAT rate cut despite the initial confusion this caused for food store merchants.
‘Virtually impossible’ for GBPA to act as independent regulator
A Supreme Court judge has ruled it is virtually impossible for the Grand Bahama Port Authority (GBPA) to act as independent regulator for the water monopoly it owns as he backed the need for third-party oversight.
Contractor criticises $183m no-bid roadworks contract
A GRAND Bahama contractor has criticised the government’s decision to award a $183.5m no-bid roadworks contract to a Nassau-based company, saying local firms were shut out of the opportunity without explanation.
Opposition: ‘No $183m roadworks’ in west GB
The Opposition’s chairman yesterday demanded that a contract to overhaul west Grand Bahama’s roads be “terminated” by the Government, adding: “I don’t believe there’s $183m worth of roadworks there.”
Price inspectors eye VAT rate compliance
Price inspectors from the Consumer Affairs Unit yesterday conducted multiple store visits to ensure merchants are n compliance with the new 5 percent VAT rate on foods sold in grocery stores, convenience stores and service stations.
Balmoral Club submits new condo hotel plan
The Balmoral Club has submitted a revised application to the Town Planning Committee seeking approval for a six-storey condo hotel at its Sanford Drive location.
Colina’s shareholder profits rise by 21.4%
Colina Holdings (Bahamas) has hailed “exceptional investment returns” and improvements across all business segments for driving a near-$7m, or 21.4 percent, increase in ordinary shareholder profits for 2024.
