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Gov’t to phase-out VAT bi-annual filing
The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.
Regulators stay alive, Shockers take 2-1 lead
The Real Deal Shockers pulled off an 80-69 win over the Mail Boat Cybots to take a 2-1 lead in their New Providence Basketball Association men’s semi-final series, while Mr Ship It Freight Regulators stayed alive in their series against the Commonwealth Bank Giants with a 114-85 blowout victory.
CI Gibson Rattlers emerge as winners of Providence Basketball Tournament
The CI Gibson Rattlers, still riding a perfect season on the local scene although they are coming off two losses overseas, emerged as champions of their own Providence Basketball Tournament.
Overall crime shows 7% decline
CRIME declined by seven percent in 2019 despite a four percent uptick in murders and a 12 percent increase in armed robberies, according to police statistics. Police Commissioner Anthony Ferguson, as he released the statistics, cited Hurricane Dorian for the murder increase from 91 in 2018 to 95 in 2019, saying law enforcement will learn from having its resources stretched to respond to a natural disaster.
Fritz has three blocks, eight rebounds in win
IN Spain, Shaquillo Fritz has a new opportunity with a new club in Spain’s Liga Espanola de Baloncesto (LEB Silver).
Pros stun the Giants 105-96
THE Island Luck Pros surprised the defending champions to join the Read Deal Shockers with a perfect two wins, no losses record for the season on Saturday night in New Providence Basketball Association play at the AF Adderley Gymnasium.
VAT Task Force results ‘speak for themselves’
The Value-Added Tax (VAT) Education Task Force’s remit came to an end on Tuesday after achieving most of its mandate, one member saying: “The results speak for themselves.”
THURSDAY UPDATE: Two newly confirmed cases of COVID-19
The Ministry of Health has reported that there are two newly confirmed cases of COVID-19. This brings the total number of confirmed cases to 96.
Journalism giant Ed Bethel dies aged 82
VETERAN journalist Eldred “Ed” Bethel died yesterday at the age of 82.
Cable Beach developer eyes $70m sales goal
The Balmoral’s principal yesterday said he anticipated earning $65-$70 million in total sales revenues from his new luxury condominium project, having sold 28 per cent of available units prior to its launch.
$110m collected in VAT in first three months
THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.
Matthew gives Bahamas $300m reinsurance boost
The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.
Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
Atlantis targeting $130m investment by end-2018
Atlantis’s top executive yesterday revealed that the Paradise Island destination resort is likely to invest a further $130 million to upgrade its amenities by 2018 year-end.Howard Karawan, its president and managing director, said “north of $80 milli
Air conditioning unit thieves must pay up or cool off in prison
THREE men who admitted to stealing two air conditioning units and posting them online for sale at a reduced price were ordered to pay fines of a combined total of $4,000 or risk spending six months in prison.
Jones and Sun top Sparks 84-75 in Game 1 of WNBA semi-finals
UNCASVILLE, Conn. (AP) — Alyssa Thomas had 22 points and grabbed 10 rebounds to lead a balanced Connecticut offence and the Sun opened the WNBA semi-finals with an 84-75 win over the Los Angeles Sparks last night.
Cases of sex infections reduced over ten years
THE public healthcare system recorded 2,169 sexually transmitted infections in 2022, 61 per cent –– or 1,320 –– of which were syphilis cases.
New operating theatre for Rand
A new fully-equipped modular operating theatre donated to the Rand Memorial Hospital by Direct Relief (DR) was officially turned over to the Ministry of Health on Wednesday.
Aliv chief 'confident' BTC sharing woes 'now behind us'
ALIV’s top executive yesterday said he was “confident” obstacles to sharing infrastructure with its main rival had been overcome, with the mobile upstart poised to “conquer” its targets.Damian Blackburn told Tribune Business that many co-location and
Welcome home Team Bahamas!
The CARIFTA track and field team, managed by Doris Rolle-Ramsey and coached by John Ingraham, returned home yesterday to the delight of a welcome reception at The Poop Deck at Sandyport.
