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Opening Bahamian bank accounts ‘totally insane’
A PROMINENT accountant yesterday blasted “it’s crazy, absolutely insane” that Bahamian businesses face an average wait of more than two months to open a bank account compared to “20 minutes” in the US.
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Energy, labour ‘bottlenecks’ must go for GDP break-out
THE BAHAMAS must overcome labour and energy “bottlenecks” to break out of the lower 1.5-1.8 percent economic growth rates it is forecast to enjoy from 2025 onwards, the IMF is warning.
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‘MY FAMILY MUST SLEEP LIKE A DOG’: Haitian father of three speaks out after latest shanty demolitions
A HAITIAN father of three said his family must sleep “like a dog” in his truck after bulldozers destroyed his home of more than 20 years in a New Providence shanty town yesterday.
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Cougars beat Saints 71-61 to win Game 1
THE Charles W Saunders Cougars, the defending senior boys’ champions, withstood every onslaught from the Kingsway Academy Saints and held on for a hard-fought 71-61 victory.
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INSIGHT: It’s time govt shows they are truly serious
IT is hard to get away from the topic of crime with the way this year has started.
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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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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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GSSSA: Rattlers close out season strong
THE CI Gibson Rattlers senior girls and boys closed out the Government Secondary Schools Sports Association (GSSSA) basketball regular season in good standing on Friday.
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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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DIANE PHILLIPS – DOES THE ANTI-CRIME MOVEMENT LIE IN THE PEOPLE MOVEMENT? For each a parcel of land, for the nation a new way forward
The headlines screamed across front pages, disrupted business and split an already fractured nation into silos.
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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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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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Reverend Dr William Thompson ready for his 80th birthday
IT’S not everyday that a person reaches the age of 80 but for a man who has touched the lives of so many people in just about every sphere of life, the family and friends of the Rev. Dr William Thompson want to celebrate his milestone in a very special way.
