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Formal economy 'overpaying' its share of taxes

Poor compliance, caused by corruption, limited accountability and a lack of enforcement, has resulted in the Bahamian formal economy paying a disproportionate share of this nation’s taxes.

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The runaway bride . . .

CALIFORNIA bride-to-be, Sheri Smith will tie the knot in Inagua on January 16, two days before she will tie her laces and run in Marathon Bahamas.

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Ayton and Suns take 3-2 lead

PHOENIX (AP) — Devin Booker scored 28 points, Deandre Ayton added 20 and the Phoenix Suns beat the Dallas Mavericks 110-80 last night to take a 3-2 lead in the Western Conference semifinals.

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GB Power: Base raten rise offset by efficiency gains

GB Power: Base raten rise offset by efficiency gains Grand Bahama Power Company (GBPC) says the $0.03 base rate increase set to be imposed on consumers under its new tariff structure will be offset by fuel savings resulting from efficiencies generated by

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Tap into your future

Tap into your future By ALESHA CADET Tribune Features Reporter BAHAMIAN Entertainer Tracey Ann Perpall (TAP) is hosting a four hour seminar to encourage young women to discover their self-worth. The sketch comedy artist said the overall goal of Thursday

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Non-profit reveals 36% fall in distributed meals

The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.

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Davis defends $14m spending on clinic contracts

“The 80 people in Rum Cay, 72 in Ragged Island or the 700 in Berry Islands all have the same rights as those in New Providence. They are all citizens. None has priority over the other,” Mr Davis said.

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Eleuthera ‘jewel’ for sale at $15m

A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.

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Prison outbreak would be disaster

When the Bahamas Department of Correctional Services was relocated at Fox Hill in 1952, it was built to house a total of 334 inmates, with the main facility having a capacity of 224; a first offender’s facility being able to accommodate 80 inmates and a female’s facility, 30 inmates.

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GB POWER PLANT 'OVER 60% DONE'

By NEIL HARTNELL Tribune Business Editor Grand Bahama Power Company yesterday said its new generation plant is "more than 60 per cent complete" after a $40 million investment to-date, as the BISX-listed company that holds 50 per cent of its equity unveil

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Golf event creates 3,000 room nights

ATLANTIS’S top executive yesterday said the wekend’s Pure Silk-Bahamas Ladies Professional Golf Assocation (LPGA) tournament generated some 3,000 room nights for the resort.

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Referendum leaves Bahamas exposed to laundering sanctions

THE Bahamas remains exposed to potential international sanctions over illegal web shop gaming as a result of Monday’s referendum, the ‘Yes’ vote campaign co-ordinator wartned yesterday.

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Fines may go up to $500 for removal of derelict cars

THE Christie administration’s push to bring changes to the Derelict Motor Vehicles Disposal Bill will see harsher fines and penalties enforced on law breakers.

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It's time to dig out the jerry curl wigs!

JUST about every week different parties and events are hosted on the island, but very few offer fun for the ‘mature’ partygoer. 
One promotion company seeks to fill that void by presenting more events that will cater to the more mature crowd.

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Insurers 'uncertain' over hospital debts

THE Bahamas Insurance Association says it is “uncertain at this time” if private insurers owe revenue to the Public Hospitals Authority due to the PHA’s inadequate billing system. Health Minister Dr Duane Sands has said the PHA delivers as much as $4

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Govt breaching global standard on union vote

The Government was warned three years ago that its supervision of trade union ballots breached international labour standards - an error it is now threatening to exacerbate with further legal changes.

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Gov’t to phase-out VAT bi-annual filing

The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.

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Buddy struggles to find 'Buckets'

BUDDY Hield has struggled to find his shooting stroke thus far in the NBA preseason.Through four games, Hield is averaging 9.5 points on 39 percent shooting from the field and 23 per cent from the three-point line. In addition he has grabbed 3.8 rebo

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Rolle soothes fears over Bimini dredging damage

KHAALIS Rolle, Minister of State for Investments, yesterday sought to allay fears that dredging activities by a private developer in North Bimini will harm the environment.

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Giants blow out Cybots, force game six

The Commonwealth Bank Giants, refusing to roll over and play dead for the second consecutive game, blew out the Mail Boat Cybots by 22 points to stay alive in the New Providence Basketball Association’s best-of-seven championship series at the AF Adderley Gymnasium last night.