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VAT rate hike slashed consumption by $2bn

Consumer spending shrank by $2bn in the year after the Minnis administration hiked the VAT rate to 12 percent, the Auditor General’s Office calculated in a newly-released report.

Ex-Parks chairman blasts PM’s ‘unfounded’ claims

The Bahamas Public Parks and Beaches Authority’s former executive chairman last night said he “resents” accusations levied against him by the Prime Minister and branded them “unfounded”.

Minnis: Cruise giant’s PI lease is too long

Dr Hubert Minnis yesterday tacitly admitted that the effective 150-year Crown Land lease granted to Royal Caribbean on Paradise Island was too long as he sought to defend the deal.

MINNIS DEFENDS RCL’S LAND LEASE: Insists project brings jobs but agrees length of deal was not usual

FORMER Prime Minister Dr Hubert Minnis has defended the agreement his administration struck with Royal Caribbean for the lease of Crown land on Paradise Island.

CANADA ‘SHOT THE LIGHTS OUT THE GYM’: Senior men’s national basketball team winless in first window of FIBA World Cup 2023 Qualifiers

Another dominant performance from Canada left the Bahamas senior men’s national basketball team winless in the first window of the FIBA World Cup 2023 Qualifiers.

Tiger’s Hero World Challenge to Rock Albany golf course

THE Hero World Challenge is still days away from an official tee-off, but the professional golf world will be fixated on the Albany Golf Course today.

McPhee-McCuin, Rebels win Raising the BAR Invitational

YOLETT McPhee- McCuin has led Ole Miss Rebels to a six-game winning streak and their first in-season tournament since 2014.

‘A real dampener’: Fear over new COVID strain

The emergence of a new COVID-19 strain threatens to put “a real dampener” on Bahamian tourism’s rebound and that of the wider economy in the Christmas run-up, it was feared yesterday.

Cardinals claim ‘Bahamas Championship’ with 63-55 victory over Terrapins

THE inaugural Baha Mar Hoops event concluded Saturday night after hosting 18 NCAA Division I teams and 21 games in three tournaments across six days at the Baha Mar Convention Center.

Baha Mar judge seeks Bahamian judicial help

A New York judge has signed off on requests for Bahamian judicial help over the British Colonial Hilton’s sale and other issues relating to Sarkis Izmirlian’s $2.25bn fight with Baha Mar’s contractor.

Retailers detect Black Friday spend rebound

RETAILERS reported a “spending rebound” on Black Friday as shoppers queued from 5am to seek-out bargains leading into the Christmas holiday shopping season.

DIANE PHILLIPS: The Atlantis lesson on xenophobia

SOMEONE I highly respect reminded me recently of the reaction Bahamians had when we heard a hotel magnate from South Africa, a man known to throw lavish parties aboard a private jet and enrich himself in a land of apartheid, had purchased much of Paradise Island. Bahamians were enraged, apoplectic.

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