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Budget forces AML into focus on franchises

AML Foods plans to refocus on developing and strengthening its ‘low volume/high yield’ franchise offerings, its chairman telling Tribune Business yesterday that its food store businesses had been unfairly targeted by the Government’s 2013-2014 Budget.

Summit set to address 'slow' captive growth

This weekend’s International Business and Financial Summit (IBFS) will address why the Bahamas has been seeing “relatively slow” growth in its captive insurance business, despite its remodelled External Insurance Act.

‘More than half of MPs owe property tax’

MORE than half the parliamentarians in the House of Assembly and the Senate are in arrears with their Real Property Taxes – owing millions of dollars to the government, DNA Leader Branville McCartney revealed yesterday.

YOUR SAY: VAT is not the solution

MY name is Tim. I am a 40-year-old graphic designer on the Island of Abaco and a citizen of the Commonwealth of the Bahamas. I believe the Bahamas is indeed in need of tax reform; in fact we are likely more than overdue. Import duties have long been an inefficient model for the country due in large part to how easily and often they are circumvented and go unpaid.

Wilson questions Cash over BTC comments

FNM chairman Darron Cash’s comments about BTC prove he “doesn’t know what he is talking about” according to Frankie Wilson, the lead negotiator in the government’s efforts to regain majority shares in the company.

Band makes come back with 'Rockalypso'

PURSUING a career in real estate was the best thing to do after he failed to realise his musical aspirations more than a decade ago. Now, Bahamian entertainer Johnnie Christie is taking another shot at music, with the release of an album and the relaunch of the Floating Boats band.

Christian Council pledges to join fight against crime

THE Bahamas Christian Council pledged its commitment to the fight against escalating crime, offering Police Commissioner Ellison Greenslade assistance “wherever you need us”.

Environmentalist praises Costa Rica's green thinking

A LEADING environmentalist in The Bahamas said Costa Rica has shown every country in the Caribbean that preserving natural beauty pays, appealling to those who treasure flora, fauna and natural wonders above t-shirts and trinkets.

PM confident unemployment will fall to 10% or less

PRIME Minister Perry Christie said yesterday he is “confident” that the unemployment rate will fall to “10 per cent or less” in the next two to three years.

The web shop gaming and banking paradox

As the marketplace continues to ponder the implications of regulating web shop gaming in the Bahamas, the Board of the Grand Bahama Chamber of Commerce (GBCC) joins in the ongoing conversation that is no doubt being held at water coolers, dinner tables and lunch rooms across the archipelago.

Sporting Mischief and Mayhem: The Cavs won’t even make it out of the 2nd round in the Eastern Conference playoffs

THE more I watch the Cleveland Cavaliers make their stretch run toward the NBA playoffs, I’ve noticed three things that assure me the Cavs won’t even make it out of the second round in the Eastern Conference playoffs.

Gov’t turning lay-offs into a ‘bonus windfall’

The Government will dissuade many entrepreneurs from “even attempting to do business” if it persists with plans to transform employee severance pay into “a windfall bonus”, the private sector has warned.

BEC manager-elect slams 'fraud by hindsight' claim

The Bahamas Electricity Corporation's (BEC) prospective manager has dismissed as "fraud by hindsight" claims that it artificially inflated its stock price prior to a one-day wipe-out that erased $250 million in shareholder value.

POLITICOLE: Feathers, fun and flattering figures

Wait. Did I just see what I think I saw?

Moody's: Fiscal deficits 'double' Gov't estimates

The Bahamas’ fiscal deficits for the two upcoming Budget years will be double what the Government is projecting, with Moody’s branding its consolidation targets as “hard to achieve” due to the weak economy.

Bank of The Bahamas: Just so many unanswered questions

When you don’t trust your government, you constantly and effortlessly think of all the new reasons why you shouldn’t. And, once you’re on this road, there’s no turning back.

Borderline decisions - control or mayhem?

As Britain gears up for a General Election less than five months away, the thorny subject of immigration has taken centre stage again with prime minister David Cameron announcing new measures to deter the rising numbers of people seeking to settle there.

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