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‘Tremendous pressure’: FNM fears for $131m deficit target
The Opposition yesterday voiced fears that the potential $160m VAT under-shoot in the prior fiscal year puts the Government’s 2023-2024 revenue forecast “at risk” and leaves its $131m deficit target under “tremendous pressure”.
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URCA ‘monitors’ but offers no relief from energy hikes
Regulators yesterday sought to reassure Bahamian households and businesses they are “monitoring” Bahamas Power & Light’s (BPL) sky-high bills but made no mention of any immediate relief from “compound billing’s” impact.
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Bahamas First blames 50% of $4.3m loss on new rules
Bahamas First’s top executive has blamed more than 50 percent of the group’s $4.3m comprehensive loss for the 2023 first half on a major change to insurance industry accounting standards.
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BGDBA Playoffs: Panthers, Crimestoppers complete sweep to advance
The Ministry of Youth, Sports and Culture (MOYSC) Panthers and the Police Crimestoppers have now advanced to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs. Last night at the AF Adderley Gymnasium, the Panthers, BGDBA defending champions, earned an eight-point win over the Real Deal Rangers.
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Tour operators: Rebound dampened by fee hikes
Bahamian tour and excursion operators were yesterday said to be enjoying a post-COVID bounce back with bookings some 15 percent ahead of 2019 levels.
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ArawakX to fight solvency shut down bid ‘all the way’
The Bahamas’ first-ever crowd funding platform last night pledged to “go all the way to the Privy Council” if the Securities Commission moves to shut it down over “solvency” concerns following a key hearing today.
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Cruise departure hike ‘real measure’ of fiscal success
The Ministry of Finance’s top official yesterday asserted that the 2023-2024 fiscal year is “very, very critical” for solidifying market confidence in The Bahamas with the cruise passenger departure tax hikes vital to achieving this.
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Gov’t revenue goal ‘very close’ despite VAT miss
The Government’s top finance official yesterday forecast that it will “come very close” to achieving its total revenue and tax forecasts for the 2022-2023 fiscal year even though VAT could potentially under-shoot by up to $160m.
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Bahamas’ 27% water heat surge ‘devastating’ to coral
The Bahamas’ July water temperature had “a devastating effect” on coral reef ecosystems after being heated to a level 27 percent higher than the monthly average, an international tribunal has been told.
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Country’s first dengue death confirmed to be nine-year-old boy
HEALTH officials confirmed the country’s first dengue fever death since the virus’ re-emergence this year - a nine-year-old boy who died after showing symptoms of the disease.
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Bahamas beaten 3-2 in thriller
THE Bahamas men’s national soccer team put up a gallant fight, but lost 3-2 to Guyana for their second straight loss in the CONCACAF 2023 Nations League.
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BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
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NFL Flag Bahamas hosts successful coaches and officials clinic
National Football League (NFL) Flag Bahamas hosted a successful officiating and coaching clinic last week Thursday at the Thomas A Robinson Stadium. Participants got the opportunity to learn in-game rules, coaching strategies, and practice plans from the director of officiating at NFL Flag and RCX Sports, Tom LaNeve.
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Current residents in ‘dire straits’ over BPL outages
Bahamas Power & Light (BPL) yesterday blamed an underwater cable break for leaving residents of Current Island, off North Eleuthera, in “dire straits” due to prolonged power outages that have lasted more than a week.
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Family Island consumers warned over food prices
The Retail Grocers Association’s president yesterday put the Family Islands, in particular, on alert for higher food prices due to the recent increase in fuel and associated shipping costs as a result of higher global oil prices.
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Family Island consumers warned over food prices
The Retail Grocers Association’s president yesterday put the Family Islands, in particular, on alert for higher food prices due to the recent increase in fuel and associated shipping costs as a result of higher global oil prices.
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Support for De’Andre to give him college help
De’Andre Forbes was awarded with the EY Bahamas Jamaine McFall Memorial Scholarship.
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PETER YOUNG: Royal Navy in The Bahamas - a reminder of the benefits of our relationship with the UK
AS a former High Commissioner here, what a pleasure it is to be able to write today about two notably positive examples of Britain’s involvement in The Bahamas and of significant cooperation between our two countries.
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Letters seeking apology and reparations from royal family to be sent by year’s end
THE Bahamas National Reparations Committee is in support of preparations being made for formal letters to be sent seeking an apology and reparations from the British royal family by the end of the year, as talks on the issue should involve communities not individual nations.
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‘I never want to experience’ dengue fever again, says woman
MAKERIA Tucker is one of the 88 confirmed dengue fever cases in the country, calling the experience one of a kind.
