PM’s ‘line in the sand’ on wealthy tax evaders
THE Prime Minister yesterday doubled down on his pledge of no “new taxes that will directly impact Bahamian families” while asserting that the Government has “drawn a line in the sand” on tax evaders.
PM: ‘Fundamentals’ of BPL deal now agreed
THE Prime Minister last night said “the fundamentals of the deal” to outsource Bahamas Power & Light’s (BPL) management are agreed amid pledges the deal will take the utility to a “gold standard”.
PM: No secret deal over BPL
PRIME Minister Philip “Brave” Davis maintained there is no “secret deal” involving Bahamas Power and Light and that the government is in the middle of negotiations and cannot disclose details at this time.
Taxi and bus fare increases coming - but first quarter target ‘missed’
INCREASES in fares for taxis and buses will be included in the “coming weeks”, according to Minister of Energy and Transportation JoBeth Coleby-Davis.
Glover-Rolle says majority of labour agreements registered
MORE than half of the industrial agreements negotiated under the Davis administration have been registered, according to Minister of Labour and the Public Service Pia Glover-Rolle.
Pintard: Deficit ‘will be $400m or higher’
The Opposition’s leader yesterday predicted the Government’s full-year fiscal deficit will be “around $400m or higher” as the Prime Minister stuck to an original forecast that is less than one-third that amount.
Low-cost, reliable energy ‘must be 150% the focus’
PRIVATE sector executives yesterday urged the Government to drive for “cost competitive, stable” electricity and not be held hostage by Bahamas Power & Light’s (BPL) trade unions over energy reform.
‘Impeccable’ Heroic timing: $7.1m plant ‘well worth it’
A GRAND Bahama concrete plant’s $7.1m investment is “well worth it” despite exceeding budget given the “impeccable” timing of yesterday’s ready-mix production launch.
Village Road roadworks: ‘Cold’ but fight not over
VILLAGE Road businesses yesterday said that while their battle for roadworks relief and compensation from the Government has gone “cold” they have not gone away or given up the struggle.
$20m condo project in fresh approval bid
A WESTERN New Providence condo project, which is aiming to create up to 150 construction jobs via an up to $20m investment, is altering its plans and aims to reapply following the original blueprint’s rejection.
‘Catching hell’: Air traffic controllers face challenge
BAHAMIAN air traffic controllers have been “catching hell” over system upgrades that were implemented during the weekend, their union president has asserted.
Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
Top KCs hired amid bid to avoid $200m GBPA battle
TWO top attorneys have been hired by the Grand Bahama Port Authority (GBPA) to defend an anticipated $200m demand from the Government amid last-ditch efforts to avoid a legal confrontation.
Gas dealers: ‘Silence too great’ on margin increase
GAS station operators yesterday said “we cannot wait longer than a week” for the Prime Minister to respond to cries to address their plight, with one asserting: “The silence is too great.”
URCA rejects Cable’s Starlink ‘level playing field’ push back
REGULATORS yesterday rejected Cable Bahamas’ renewed concerns that it is competing on an “unlevel playing field” against Elon Musk’s Starlink satellite Internet service.
