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Providence Basketball Holiday Classic tips off today

IN the aftermath of the Christmas celebrations and as a prelude to the second half of the regular season in the new year, the Providence Basketball Club Holiday Classic is all set to tip off today at the CI Gibson Gymnasium.

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Man presumed dead after falling off a cruise ship destined for The Bahamas

A 41-year-old man is presumed dead after going overboard on a Royal Caribbean cruise ship to The Bahamas on December 23, two days into the cruise.

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Christmas Day murder is fourth killing in 48 hours

A MAN was shot dead on Christmas Day in the latest of a series of shootings over the Christmas period that left four people killed in 48 hours, and a fifth man shot dead by police.

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EDITORIAL: Despite record tourism, many are still in need

THREE years ago, The Tribune’s front page said it in clear terms.

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Hitting Gov’t deficit target ‘increasingly complicated’

The Government will find it “increasingly complicated” to hit this year’s 75 percent deficit-slash target, a major global bank has warned, while predicting this will “shift the debate back to tax reform”.

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URCA’s BPL fuel tariff review ‘sounds bit odd’

The Opposition’s leader yesterday asserted “it sounds a bid odd” that regulators now plan to examine the lawfulness of Bahamas Power & Light’s (BPL) fuel charges having previously approved them.

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Small Business Act: ‘Let’s close the deal’

A small business advocate is pledging to “close the deal” on legislation to advance the sector’s interests in 2024, adding: “This is my last year in pushing for this Act.”

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Prove services exports deserve VAT-free rating

Bahamian accountants must prove audit and other services they provide to financial services entities are “for purposes outside” the jurisdiction to obtain VAT-free treatment, the tax authorities have ruled.

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Don’t leave fiscal change until ‘things getting dicey’

The Bahamas must not leave the need for any fiscal adjustments to the stage where “things get a bit dicey”, a governance reformer advocated yesterday in backing the IDB.

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Minister ‘confident’ swimming complex will be ready for CARIFTA

EXCITEMENT is slowly building for the 2024 CARIFTA Aquatics Championships to be hosted in Nassau, Bahamas March 28 to April 7.

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Sky diving provider burning $8,400 monthly in wait to become licensed

A skydiving excursion provider yesterday said it is burning through $8,400 per month on renting a plane it cannot use as it battles to obtain the necessary licences and permits.

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Bahamas invests $400k in first livestock feed mill for 40 years

Bahamian agriculture's push to reduce the country's $1bn annual food import bill has been boosted by the Government's $400,000 acquisition of the first new animal feed mill in 40 years.

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Govt to take ‘aggressive’ approach to building airports, says Romer

THE construction of some Family Island airports is set to be completed by 2025 as the government takes an “aggressive” approach to the building process, according to Dr Kenneth Romer, deputy director general of the Ministry of Tourism and Aviation.

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FRONT PORCH: ‘Until then it is still night’

THERE is an allegory that serves as a prism for some of the light and meaning of the Incarnation and Christmas: “An old Hasidic rabbi asked his pupils how they could tell when the night had ended and day begun, for daybreak is the time for certain holy prayers. ‘Is it,’ proposed one student, ‘when you can see an animal in the distance and tell whether it is a sheep or a dog?’ ‘No,’ answered the rabbi.

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Quaker brand granola cereals recall over potential salmonella contamination

A PRODUCT recall has been issued for granola bars and granola cereals from the Quaker Oats Company.

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Participants of Bahamasair plane design competition upset over chosen artwork

THE decoration of a new Bahamasair plane sparked complaints from artists who submitted designs for a competition.

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Deficits overwhelm growth six-fold in driving debt hike

Weak economic growth has been overwhelmed by the six-fold greater impact of surging fiscal deficits and failed to keep The Bahamas’ debt ratios in check, a multilateral lender is asserting.

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Total $1.4bn SOE debts pose ‘a significant risk’

Total debts owed by the Government’s state-owned enterprises (SOEs) have hit $1.4bn to become “a significant risk” by exceeding 10 percent of annual economic output, the IDB has warned.

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FTX settlement ‘proves naysayers were wrong’

The FTX settlement shows The Bahamas has “beaten expectations” and “proven the doom and gloom naysayers wrong” over the crypto exchange’s collapse, a well-known businessman argued yesterday.