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Gov’t ‘reaching ceiling’ on debt
The Government may be reaching its debt limits given that such liabilities are now bigger than the economy, the Debt Advisory Committee’s head warned yesterday.
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Waltiea Rolle: ‘I can still play a little more before saying goodbye’
WALTIEA Rolle has had a successful return to pro basketball this season, but the veteran centre still believes she has much room for growth to reach both her short term and long term goals.
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VAT cut’s ‘modest’ jobs, growth effect
Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.
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Ayton sidelined with right leg contusion – Suns centre posts second straight double double
Deandre Ayton had his second consecutive double double of the season but was also sidelined with a right leg contusion.
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Sweeting’s Cay residents ‘are still sleeping in tents’
MYLES Laroda, State Minister in the Office of the Prime Minister, was concerned that some Sweeting’s Cay residents were sleeping in tents, two years following Hurricane Dorian.
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RBDF promotions approved ‘soon’
ROYAL Bahamas Defence Force Commodore Raymond King said promotions for the organisation should be approved soon.
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DPM praises ‘exceptional’ Sandals 95% occupancy
The deputy prime minister yesterday hailed Sandals Emerald Bay’s “exceptional” 90-95 percent slow season occupancy levels with the resort chain eyeing further Bahamas expansion.
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Coalition chief optimistic VAT cut to boost revenue
The Coalition for Responsible Taxation’s head yesterday voiced optimism that the 10 percent VAT slash will generate more revenue than the current structure once zero ratings are eliminated.
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Banks not ‘betting against economy’
Top bankers yesterday rejected the Prime Minister’s assertion that they are “betting against The Bahamas’ economy” after it was revealed that a recent bond issue was just 40 percent subscribed.
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Jones and Foxes are still undefeated in EuroLeague
Jonquel Jones and her UMMC Ekaterinburg Foxes needed some late game heroics, but they rebounded from last week’s Super Cup final loss to remain undefeated in the FIBA Women’s EuroLeague.
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It’s official: Rolle makes return to pro basketball
WALTIEA Rolle officially made her return to professional basketball and leads her club in a newly formed tournament to encourage competition between teams in Spain.
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Promotions 'on the way'
HUNDREDS of promotions held back since before the 2017 general election are on the way for government workers in the coming weeks, including those in the armed forces, State Public Service Minister Pia Glover-Rolle said yesterday.
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Bastian, Williams inducted into Benedict Hall of Fame
Having persevered in almost similar fashion from humble beginnings, Bahamian triple sporting star Melinda Bastian and multiple distance running national record holder O’Neil Williams emerged as two of the top student-athletes ever produced at Benedict College.
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Henfield Basketball Shooting Academy takes it to ‘The Lab’
IT’S called “The Lab,” where coach and mentor Marvin Hen eld has created his home for the Marvin Hen eld Basketball Shooting Academy for basketball players who have been marginalised because of their shooting abilities.
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PETER YOUNG: Small island developing states should speak with one voice
HAVING written only last week about COP26, the UN Climate Change Conference which opens in Scotland in less than one week, I hesitate to return to the subject today for fear of repetition. But there has been a significant new development and it may also be worth reiterating the importance of the conference to Small Island Developing States (SIDS) which include, of course, The Bahamas.
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BPL’s Shell deal process ‘oblique’
Bahamas Power & Light’s (BPL) efforts to outsource electricity generation on New Providence were “oblique” and not fully transparent over a deal ultimately won by Shell North America.
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$2m BPL microgrid winner’s deal offload
The winning bidder to develop Ragged Island’s $2m solar microgrid, on the same day it signed the deal with BPL, assigned all project rights to an entity that failed to make the final tender round.
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Swimmer Davante Carey and Bearcats improve to 7-0
DAVANTE Carey had an active weekend for the McKendree Bearcats Swimming as the No.4 ranked team improved to 7-0 in dual meets this season.
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HUBERT EDWARDS: Bahamas requires open reckoning on challenges
The economic recovery for The Bahamas must be urgent, broad-based, strategic and focused on multiple areas at the same time. Every effort must take on a holistic approach, designed to secure fundamental and sustainable fixes for the issues that have plagued the country for decades, and create economic growth but not just for the initial recovery. Anything that is otherwise will be detrimental to the long-term well-being of the nation. In this piece, I look at some select areas of the recent Speech from the Throne.
