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National debt forecast to peak at $11.462bn
THE Government yesterday forecast that the national debt will peak at $11.462bn in the next fiscal year with its ratio as a percentage of economic output declining steadily to 67.1 percent by 2026-2027.
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Debt report’s ‘worrying story’ for The Bahamas
A GOVERNANCE reformer says a recently-released report on Caribbean debt levels tells a “worrying story” for The Bahamas and its regional counterparts as they battle to overcome the fall-out from countless hurricanes and COVID.
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$800m Abaco project branded a ‘God-send’
ABACO’S Chamber of Commerce president yesterday said the $800m investment project targeted at South Abaco will be a “God-send” for the area’s residents.
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Coalition of Independents holds protest over illegal immigration
MEMBERS of the Coalition of Independents protested outside the House of Assembly Wednesday over what they deem an immigration crisis, narrowing in on Haitian nationals.
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Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
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‘Area footage’ to be shared with police shooting victim’s family
NATIONAL Security Minister Wayne Munroe said yesterday that he intended to share area footage of a man being fatally shot by police to the deceased’s family.
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Police to make reporting sexual assault crimes ‘easier’ for women
NATIONAL Security Minister Wayne Munroe said officials intend to continue to make it much easier for people to report sexual offences.
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Abaco Club opponents in partial Privy Council win
Activists yesterday won a partial Privy Council victory in their battle to prevent public interest legal challenges from being priced out of the Bahamian justice system.
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Push reforms to make ‘real dent’ in corruption
The Bahamas can make “a real dent” in its anti-corruption standing if it passes four critical laws this year, a governance reformer argued yesterday, having “missed the opportunity” in 2022.
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DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
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Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
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Bahamian liquidators say ‘no’ to DOJ FTX examiner
FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.
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Island FM radio station goes silent
ISLAND FM 102.9 has announced that it will be closing its doors and taking a “hiatus” after more than two decades in service. The radio station delivered the news in a statement released to the media. The move takes effect today, February 1.
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Helping hand to fight crime
PRIME Minister Philip “Brave” Davis said new vehicles donated to the Royal Bahamas Police Force by the United States, as well as additional vehicles ordered by the government, will boost law enforcement’s saturation patrols and help combat crime.
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‘Hoops for Homes’ champions emerge
BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.
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Police: Reported financial crimes strike five-year low
TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.
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Cruise port to be ‘larger version’ of Marina Village
THE Deputy Prime Minister yesterday said Nassau Cruise Port wants to be “a larger version of Marina Village” on Paradise Island as he confirmed legislation for downtown’s management has been drafted.
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Two suspects shot by police after man killed on Joe Farrington Road
POLICE officers shot and arrested two suspects shortly after the assailants killed a man on Joe Farrington Road Tuesday.
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FACE TO FACE: A landmark and the pioneer who created it
BEVERLEY’s Kitchen is one of the pioneering businesses on Carmichael Road, keeping up a long tradition of food, family and friends - celebrating the special things in life. Long before it became the bustling area once dubbed “City 2000” by father of the nation, Sir Lynden Pindling, Carmichael was home to Beverley’s.
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Sugar tax? Where’s the fiscal strategy first?
THE Free National Movement blasted the government’s upcoming plans to introduce tax on sugar and excess salt, adding a legally mandated Fiscal Strategy Report has yet to be provided by the government.
