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BPL set for a 'maturity audit'

Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.

Haywards ready for GBPA 'sell down' to right partner

The Hayward family is willing to part with some of its Grand Bahama Port Authority (GBPA) ownership interest to aid Freeport's revival, it was revealed yesterday, but does not believe the Government should take "majority" control.

PM: Sin tax? Not this year

PRIME Minister Philip “Brave” Davis said the government would not introduce a sin tax anytime soon.

HUBERT EDWARDS: Bahamas can’t afford for fiscal forecast miss

The Davis administration has delivered a Budget which, while leaving room for discussion and debate on many fronts, gives numbers which are very positive and welcoming news from a fiscal and debt management perspective. The projections suggest that The Bahamas is on the path to a turnaround in its fortunes, providing international and domestic investors with a level of certainty that would not have been anticipated two years ago. But every aspect of this turns on what the final outturn of the 2022-23 fiscal year will be.

WIN OR GO HOME: Flag football quarterfinals heat up

THE Bahamas Flag Football League (BFFL) playoffs got underway this past weekend at the Winton Rugby Field.

Key tax arrears jump $230m to hit $1.13bn

Tax arrears owed to the Government from three key revenue streams increased by a collective $230m during the first nine months of the current fiscal year to hit $1.13bn at end-March 2023.

20% of Gov'ts fixed costs go to debt bill

One out of every $5 spent by the Government on its recurrent costs during the upcoming 2023-2024 fiscal year will go towards paying the $612.726m interest bill on its outstanding $11bn-plus national debt.

Property tax cap up 25% to hit $150,000

Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.

Pintard says PM misled on budget taxes claim

FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.

Backward attacks

In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.

PM promises 50 metre pool for Grand Bahama

LOOK for the construction of a new 50-metre pool in Grand Bahama and the development of various facilities throughout the Family Islands during this fiscal year of the Progressive Liberal Party’s tenure in office.

BAAA Age Group Trials, Kids’ Athletics combine hailed a success

THE Bahamas Association of Athletic Associations hosted a successful combined Age Group Trials and Kids Athletics Championships over the weekend at the original Thomas A Robinson national stadium.

Bahamas Bowl returns December 16

THE ninth edition of the 2023 HomeTown Lenders Bahamas Bowl will return to Bahamian soil on Saturday, December 16. The event is set to kick off at the Thomas A Robinson National Stadium at 11am to commence the start of the National Collegiate Athletic Association (NCAA) Football bowl season.

Skippers celebrate victory

THE 54th annual Long Island Regatta came to a close on Saturday in Salt Pond, Long Island, with the New Legend, New Susan Chase and Sassi Sue all emerging as the divisional winners.

Halkitis: We'll meet targets - and beat them

A cabinet minister said that the government will “achieve” and “surpass” the budget targets in terms of the deficit with a goal to get the debt to GDP down to 50 percent by 2031.

Ministry reveals revisions to High School Diploma

AFTER longstanding public outcry on the criteria of the Bahamas High School Diploma, the Ministry of Education announced on Friday several revisions that have been made.

STATESIDE: No Labels independent party could play role of spoiler to democratic presidential bid in 2024

A new political movement has ambitions for next year that scare Democrats right down to their shoes. It’s called No Labels, and its leaders aspire to offer a third-party candidate for president in 2024. Dems feel this will hand an election to Trump that he couldn’t otherwise win. History shows they might be correct.

FRONT PORCH: The life and times of an extraordinary patriot

We last spoke on May 11, the 95th birthday of George’s beloved friend, Arthur. This journal’s managing editor asked who the paper might contact to pay tribute to Sir Arthur Foulkes, five years shy of becoming a centenarian.

The Hon. Sir Lynden O. Pindling, Prime Minister, is shown above centre signing the Report …

EDITORIAL: What the Budget did not say

WHEN taking the time to sit down and examine yesterday’s Budget communication by Prime Minister Philip “Brave” Davis, it is as important to look at what was not said as much as what was.

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