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Felix Neely Jr national cycling champion
AFTER two days of inclement weather, Felix Neely Jr was crowned the national male cycling champion at the 50th Independence National Road Cycling Championships in Grand Bahama.
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WORLD VIEW: Autonomous weapons – a real and urgent danger to people
AS if small states, with limited financial and human resources to safeguard their societies, do not confront enough grave challenges, along comes the phenomenon of “autonomous weapons” – probably the most frightening technological development that has yet been created.
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INSIGHT: Who really has Downtown’s interests at heart?
THERE is something of a phony war going on – with Downtown Nassau being pulled this way and that like a chew toy.
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EDITORIAL: Honesty best policy on taxation
When is a tax rise not a tax rise?
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20% of Gov'ts fixed costs go to debt bill
One out of every $5 spent by the Government on its recurrent costs during the upcoming 2023-2024 fiscal year will go towards paying the $612.726m interest bill on its outstanding $11bn-plus national debt.
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Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
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New hope
ActivTrades
The averted US debt default, and positive data from the American jobs market, put international investors in a buying mood. In Germany, the Dax index jumped over the 16,000 point mark last Friday. Wall Street also closed higher.
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Gov't ready to guarantee Nassau's $290m hospital
The Government is prepared to guarantee the $290m financing for New Providence's new hospital, a Cabinet minister revealed yesterday, adding: "This is a worthwhile investment for the Bahamian people."
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Pintard says PM misled on budget taxes claim
FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.
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Bahamas Bowl returns December 16
THE ninth edition of the 2023 HomeTown Lenders Bahamas Bowl will return to Bahamian soil on Saturday, December 16. The event is set to kick off at the Thomas A Robinson National Stadium at 11am to commence the start of the National Collegiate Athletic Association (NCAA) Football bowl season.
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Skippers celebrate victory
THE 54th annual Long Island Regatta came to a close on Saturday in Salt Pond, Long Island, with the New Legend, New Susan Chase and Sassi Sue all emerging as the divisional winners.
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Halkitis: We'll meet targets - and beat them
A cabinet minister said that the government will “achieve” and “surpass” the budget targets in terms of the deficit with a goal to get the debt to GDP down to 50 percent by 2031.
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Sweeting: Cultivation centre to open by end of the month
The Gladstone Road cultivation centre is 90 percent complete and will be ready for opening by the end of the month.
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Petroleum retailers agree to 'phased in' margin increase
Bahamian petroleum retailers yesterday said they will accept a "phased in" 30 cent per gallon margin increase as they urged the Prime Minister to meet with the sector this week "to put this baby to sleep".
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Police outline safety measures and road closures for Labour Day
HEADING into the 62nd Sir Randol Fawkes Labour Day, police outlined some law and order measures and precautions for the public to adhere to during the weekend celebrations.
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Minister says PM will address NIB concerns next week
PRIME Minister Philip “Brave” Davis will address concerns relating to the National Insurance Board (NIB) next Wednesday, Economic Affairs Minister Michael Halkitis said on Thursday.
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Ministry reveals revisions to High School Diploma
AFTER longstanding public outcry on the criteria of the Bahamas High School Diploma, the Ministry of Education announced on Friday several revisions that have been made.
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Education Director: We want to remove every barrier that we can to education
EDUCATION Director Dominique Russell says the government’s new National School Breakfast Programme brings the country one step closer to eradicating poverty, which is one of the major barriers to educational opportunities for students, especially for those chronically absent.
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Deficit's 75% cut hinges on $400m revenue surge
The Ministry of Finance's top official yesterday asserted he is "very confident" the Government will increase revenues by $400m year-over-year, and slash its fiscal deficit by 75 percent, in the absence of new and/or increased taxes.
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Gov't near-tripling cruise departure tax to $145m
The Government is aiming to near-triple revenues earned from departing cruise passengers to $145m in the 2023-2024 Budget via a series of new and increased fees, it was revealed yesterday.
