National Development Plan not moving ‘nearly as fast as I’d like’
Efforts to give the National Development Plan a legal footing are moving “not nearly as fast as I would like”, its steering committee chairman conceded yesterday.
Taxpayer subsidy payouts to hit $526m in four years’ time
Taxpayer subsidies to loss-making government enterprises are forecast to increase by $75m over the upcoming four fiscal years to hit $525.6m in 2028-2029, it has been revealed.
Minister hails ‘record’ $123m revenues from Immigration
A Cabinet minister yesterday said the Immigration Department has generated “record revenue” of more than $123m during the first ten months of the current 2024-2025 fiscal year.
Minister: ‘We’re this close’ on $290m hospital funds
A Cabinet minister yesterday revealed “we’re this close” to finalising the $290m financing for New Providence’s new hospital even though this was not included in the 2025-2026 Budget.
NIB eyes $32m deficit despite income jump
A Cabinet minister yesterday said the National Insurance Board (NIB) is forecast to suffer a $32m deficit in 2025 despite earning an extra $4m per month in contribution income from last year’s rate rise.
Enemies of transparency’ over Bahamas Moorings
The Opposition’s deputy leader yesterday accused the Davis administration of being “enemies of transparency” as he blasted the now-aborted Bahamas Moorings lease deal.
Opposition deputy slams Budget surplus ‘gimmick’
The Opposition’s deputy leader yesterday said the Davis administration is using projected $75.5m Budget surplus for 2025-2026 to “swing” The Bahamas into believing the economy is prosperous.
Contractors eye reduced costs with duty changes
Bahamian contractors yesterday voiced hopes they will enjoy reduced costs for critical building materials and supplies as a result of Customs duty cuts in the 2025-2026 Budget.
PM and DPM unveil Cat Island Icon sign
The Prime Minister and Chester Cooper, deputy prime minister and minister of tourism, investments and aviation, officially unveiled an Icon sign heralding the beauty and mystique of Cat Island.
Union leader calls for better Gov’t dialogue
A trade union leader is calling for better consultation by the Government over proposed labour reforms and actions following the Prime Minister’s revelation of upcoming civil service pay increases.
PM and DPM open new Cat Island hotel
The Prime Minister and deputy prime minister were both present for the official opening of Curly’s Beach Resort in Bennett’s Harbour, Cat Island, on June 6.
$200m Exuma project drawing competing support, opposition
The $200m Rosewood Exuma project was yesterday said to have drawn both support and opposition for the development targeted at Sampson Cay.
Southern Air plane in transfer mishap
Southern Air executives yesterday confirmed one of its aircraft suffered “minor damage” due to a mishap that occurred when it was being moved for mechanical service.
Fire sparks closure of west New Providence restaurant
A well-known western New Providence restaurant has closed indefinitely after a fire caused “significant damage” over the Labour Day holiday weekend.
Airline plans to launch daily Cat Island service
A Fort Lauderdale-based airline is launching daily service to Cat Island on November 1, 2025, and has also unveiled plans to expand its route to Stella Maris, Long Island, at the same time.
