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All registrants to pay VAT monthly
A top private sector executive yesterday questioned whether planned amendments to the Value-Added Tax (VAT) Act are due to concerns that non-monthly filers are spending the taxes they collect on the Government’s behalf.
Cellular revenues per user up despite subscriber fall-off
The Bahamas Telecommunications Company’s (BTC) average revenue per user (ARPU) in the cellular market grew by almost 25 per cent in 2013, despite a market that declined slightly in terms of subscriber numbers.
Auto chief waits 6-8 months for $200k tax refund
The Bahamas Motor Dealers Association’s (BMDA) president yesterday revealed he has been waiting six-eight months for a $200,000 tax refund, while seeing “only red ink” on his company’s financial spreadsheets.
BOB: $70m wiped off value in week
Bank of the Bahamas saw almost $70 million wiped off its stock market value last week, as investors searched for the ‘floor’ following the removal of price movement restrictions.
Police chief concern over bail decisions
POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.
Athletes get set for CARIFTA trials starting Friday
IN anticipation of the finals trials this weekend and subsequently the CARIFTA Games over the Easter holiday weekend, the top sprinters eligible for Team Bahamas got a chance to go through a block start session.
Cable losses hit $16.7m amid wait for growth pay-off
Cable Bahamas suffered a 12.5 per cent increase in annual net losses to $16.658 million for 2016, driven by Hurricane Matthew-related repair costs and the wait for expansion investments to pay off.
Insurers 'uncertain' over hospital debts
THE Bahamas Insurance Association says it is “uncertain at this time” if private insurers owe revenue to the Public Hospitals Authority due to the PHA’s inadequate billing system. Health Minister Dr Duane Sands has said the PHA delivers as much as $4
$5m deal signed to improve water supply in Long Island
A $5m contract was signed yesterday between the Water and Sewerage Corporation and BHM Company Limited to bring potable water to hundreds of residentes in Long Island. Settlements such as Salt Pond have “suffered for far too long without a reliable p
Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
‘Super Mario Run’ makes missteps
Super Mario might be running, but a hefty price tag for a mobile game just won’t fly with the masses.
Exploring Bahamian heritage through fashion
A YOUNG CALIFORNIA fashion and design student is exploring her Bahamian roots, weaving together the threads of two different worlds.
Six-month 'past due' loans double to 60%
The proportion of non-performing loans more than six months’ past due has almost doubled from pre-recession levels to 60 per cent, reflecting both borrower struggles and bank repossession difficulties.
‘Tum Tum’ Nairn Jr returns from injury in Spartans victory
HE HAD little impact on the stat sheet on his return to the floor but the Michigan State Spartans are willing to accept their floor general in a limited role in an effort to provide a lift to the team.
Team Bahamas brings home eight medals - four gold
THE Bahamas’ elite junior swimmers continue to excel on the regional level with their latest performance.
Team Bahamas brings home eight medals - 4 gold
THE Bahamas’ elite junior swimmers continue to excel on the regional level with their latest performance.
Buddy Hield and Wannah Bail make history in the Battle 4 Atlantis
IT WAS an historic moment when Buddy Hield and Wannah Bail stepped onto the floor in the Imperial Arena at the 2014 Battle 4 Atlantis as the first local products to play in the tournament.
'It's either them or us' warns security chief
STATE Minister of National Security Keith Bell yesterday said a “lock down” of crime hot spots in New Providence is necessary to “turn the tables” on serious criminals.
Coca-Cola goes for gold in Rio Olympics with the global #thatsgold campaign
AS the clock ticks down to the opening ceremony of the Rio 2016 Olympic Games, Coca-Cola has its eyes set on celebrating gold – but not just the gold found on top of the world’s most elite podium.
Two accused of murdering man struck by car
Two accused of murdering man struck by car BY DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - The murder trial of Coletor Johnson and Glinton Louis opened in the Supreme Court yesterday with testimony from eye-witnesses