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Gov’t ‘disagrees’ on IMF’s ‘top 10%’ income taxation

THE Government “disagrees” with the IMF’s assertion that it must introduce a personal income tax targeting “the top 10 percent of earners” and other reforms to hit its 25 percent revenue-to-GDP goal.

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Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

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Hotel industrial deal ‘in need of a miracle’

THE Government’s labour director yesterday said “it’s becoming obvious there now needs to be a miracle” to secure an industrial agreement for the hotel industry after Friday’s talks ended in “stalemate”.

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More athletes qualify for CARIFTA

A beautiful Saturday at the original Thomas A Robinson Stadium was perfect for the athletes to turn in CARIFTA-qualifying performances at the 2024 Star Performers Track Classic.

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Gov’t deserves fiscal praise but should now look to IMF

The Bahamas is now three years into a recovery from the devastating effects of Hurricane Dorian and the COVID-19 pandemic, which hit the country only four months apart in 2019- 2020 and wreaked havoc on the economy.

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Good start

ActivTrades

Strong big-tech balance sheets lifted Wall Street into positive territory at the end of last week. However, disappointment over the latest US labour market report limited gains.

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Man shot dead in Nassau Village

Police are investigating after a man was shot dead in Nassau Village on Sunday morning.

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Clubs & Societies February 2nd, 2024

On Thursday, January 25, the Bahamas Society for Human Resource Management (BSHRM) installed its new executive team at Goldwynn Resort and Residences. The local association is affiliated with Society for Human Resource Management, the largest body of Human Resource (HR) professionals in the world.

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EDITORIAL: Is anti-crime plan just a glossy brochure?

WHEN the current administration launched its anti-crime plan in response to the wave of killings that marked the start of this year, FNM chairman Dr Duane Sands described it as a “glossy brochure”.

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Hotel dispute parties ‘stand down’ for talks

THE two sides in the hotel sector’s industrial dispute yesterday “agreed to stand down” from taking any disruptive action before further talks set for 5pm today.

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Ministers refute concerns on PharmaChem chemicals

CABINET ministers have refuted an Opposition MP’s concerns over the storage of hazardous chemicals and materials at the PharmaChem plant following its mid-January closure.

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Digital payments double to $4.5m for November

BAHAMIAN digital payments transactions doubled in value to $4.5m for November 2023, the Central Bank disclosed yesterday, with mobile wallet holders increasing by 20 percent over the year’s first 11 months.

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Boat registration fee rise ‘squeezes the small man’

LONG Island fishermen and tour operators are accusing the Government of seeking “to squeeze the small man out” over four- digit boating fee increases that have been suspended - at least for private vessels.

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NPPPSSA basketball tournament for boys ends today

THE New Providence Public Primary Schools Sports Association will conclude its basketball tournament for boys today at 9 am at the Kendal Isaacs Gymnasium.

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WSC manager claims she was asked, ‘What ways can we find to increase costing?’

A SENIOR manager at the Water and Sewerage Corporation (WSC) claimed in court yesterday that Adrian Gibson asked her how the corporation could increase the cost of maintenance contracts awarded to companies he allegedly ordered to be contracted.

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Gov't concern as hotel union on 'work-to-rule'

The hotel union's president last night said he told the Government "to talk" to industry employers as workers went into "full work-to-rule mode" over the impasse in industrial agreement talks.

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'Resounding no' to Business Licence filing extension call

The Government was yesterday said to have rejected calls to extend the Business Licence filing deadline despite multiple companies complaining they were unable to access its online tax payment portal.

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Police squadron leader recounts the events that led to death of three men

THE leader of the police squadron that conducted a fatal raid at a Blair Estates mansion in 2019 testified that officers were executing a search warrant for Tony Smith as the Coroner’s Court inquest continued yesterday.

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Bahamasair partners with NFL Flag Bahamas

Bahamasair, the national flag carrier, is now officially on board with NFL Flag Bahamas and will sponsor Team Bahamas for the Pro Bowl Games scheduled for February 1-4 in Orlando, Florida.

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Man charged in stabbing death of Sanchez Gittenz

A 20-year-old man was imprisoned yesterday after being accused of fatally stabbing 18-year-old Sanchez Gittenz as he attended a friend’s party at a bar last weekend.