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Fiscal Strategy provokes ‘credibility’ and ‘love’ mix
The Government’s latest fiscal forecasts yesterday provoked contrasting reaction, with a governance reformer saying he “truly loves” the growth focus but the Opposition’s finance spokesman pointing to “credibility problems”.
Primary School Basketball Champions crowned
THE members of the Carlton E Francis girls’ basketball team knew that there was no better way to keep the memory alive of their beloved deceased coach Sherman Smith than winning the New Providence Public Primary Schools Sports Association mini basketball tournament.
Star Trackers Classic has CARIFTA qualifiers
DESPITE the inclement weather, which forced officials to finish the meet ahead of time, at least a pair of CARIFTA Games qualifying standards were established in the same event at the Star Trackers Track Classic on Saturday.
DEREK SMITH: Balancing the risks of working at home
There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.
Families left homeless after shanty town blaze
FAMILIES were left homeless Sunday after a massive fire ripped through homes and vehicles in a shantytown in the Carmichael area.
Opposition ‘stunned’ at tripling of property tax
The Opposition yesterday said it was “stunned” by the Government’s forecast that property tax revenues will more than triple to $555m within four years, its leader saying: “I don’t see what the Prime Minister does.”
$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted by average income
National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.
BDCS recruiting 100 new officers from Family Islands
OFFICIALS from the Bahamas Department of Correctional Services are in Grand Bahama to search for 100 new recruits.
Chisholm remembers those who helped him
Jasrado “Jazz” Chisholm clearly remembers the days he spent with the late Franklyn Simmons at Freedom Farm.
University of the Bahamas Mingoes Women’s Volleyball Team knocked out of the postseason
THE University of The Bahamas Mingoes women’s volleyball team was knocked out of the New Providence Volleyball Association postseason after dropping to the Lady Technicians in a play-in game Tuesday night at The Anatol Rodgers Gym.
Insurers dismiss VAT Act ‘misinterpretation’
BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.
PM aims for budget surplus by fiscal year 2024/25
WHILE tabling the 2022 Fiscal Strategy Report (FSR) in Parliament yesterday, Prime Minister Phillip Davis said his administration’s plan to restore the country’s fiscal health is working and already “bearing fruit.”
UPDATED: BPL’s hedge mishandling to cost Bahamians $150m
Bahamians have been burdened with a $150m bill due to the mishandling of Bahamas Power & Light’s (BPL) fuel hedging strategy, it was revealed yesterday.
‘No new tax measures’ for $4bn revenue goal
The Government’s top finance official yesterday reiterated his optimism that “no new tax measures” will be required to grow its revenues by some 43 percent to over $4bn during the next four years.
Teen pleads guilty on drug possession granted bail
A TEENAGER was placed on probation yesterday after admitting to having two grams of marijuana earlier this week.
Chisholm looking for MVP season
Birthday boy Jasrado “Jazz” Chisholm said he’s thrilled to have been selected as the face of the Major League Baseball (MLB) The Show video game. But he’s even more excited about returning to the Miami Marlins line-up in a new role in a bid to win the Most Valuable Player award this year.
Debt report’s ‘worrying story’ for The Bahamas
A GOVERNANCE reformer says a recently-released report on Caribbean debt levels tells a “worrying story” for The Bahamas and its regional counterparts as they battle to overcome the fall-out from countless hurricanes and COVID.
Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
