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Gov’t set to make VAT-free initiative ‘more meaningful’
The Ministry of Finance’s top official yesterday revealed the Government is seeking to “tweak” this year’s Back to School ‘VAT-free holiday’ to provide merchants and consumers with “more meaningful benefits”.
Governance reformers call for more transparency focus
Governance reformers yesterday urged the Government to improve The Bahamas’ anti-corruption standing by prioritising and speeding-up reforms to promote transparency after it was accused of “stalling” on several measures.
Central Bank: ‘Stay alert’ on credit card fraud rise
The Central Bank is urging Bahamians “to stay alert” due to an increase in credit card fraud incidents.
Demolition of derelict buildings downtown to resume
THE DEMOLITION of derelict buildings downtown will soon resume, Senator Randy Rolle announced in the Senate on Friday.
Baha Mar blames BPL for $8.5m hit to profits
Baha Mar yesterday warned that soaring energy bills will “have a significant impact on our profitability” for 2023 by adding an extra $8.5m to its full-year operating costs.
Tax dodgers ‘dominate’ foreign yacht charters
The Ministry of Finance’s top official yesterday hit back over concerns about VAT’s imposition on foreign yacht charters by arguing the sector was “dominated” by a few large tax-dodging companies that need “to pay their fair share”.
Fears ‘non-peak’ airlift undermined spark clash
The Ministry of Finance’s top official and a senior airline executive yesterday clashed over fears that Customs overtime fees will undermine The Bahamas’ ambitions to attract airlift “outside of peak hours”.
Top finance official says: Tourism can pay more
The Ministry of Finance’s top official yesterday argued the tourism industry can pay “a little bit more in taxes without hampering its viability as vacation rentals came under the microscope once again at a sector gathering.
SBF charges dropped on Bahamas objection
US prosecutors will drop charges of illegal election campaign contributions against embattled FTX co-founder, Sam Bankman-Fried, after The Bahamas objected to their inclusion in his indictment following extradition.
Bahamas men spike way into semifinals
Ladies suffer third straight loss
The men’s national volleyball team, with a well-rounded effort from every player, swept aside Martinique in three straight sets to advance to the semifinals of the Senior Caribbean Volleyball Championships at the Anthony Nesty Sports Hall in Paramaribo, Suriname.
I-Elite ready to take Reloaded Baseball to another level
THE International Elite Sports Academy has collaborated with the Reloaded Baseball programme since February which has translated to them competing in their first international baseball tournament.
Jonquel Jones named Eastern Conference Player of the Week
New York Liberty on four-game win streak
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones was named Eastern Conference Player of the Week while the New York Liberty enjoys a four-game win streak.
CIBC opens new Eleuthera branch
CIBC FirstCaribbean International Bank (Bahamas) this week opened its new Governor’s Harbour branch in the Charlow’s Bay Plaza.
$30m Milo Butler upgrade will extend to Cowpen Rd.
The Ministry of Works and Utilities yesterday said the $30m upgrade to Sir Milo Butler highway will extend it beyond Carmichael Road through to Cowpen Road.
Bahamas ‘tops’ 5m visitors to end-June
The Ministry of Tourism's top official yesterday disclosed that visitor arrivals breached the five million mark for the 2023 half-year although higher-yielding stopovers and air arrivals remained slightly down on 2019's "banner year".
Revamped British Colonial to be ‘incredible property’
The revamped British Colonial resort will "be an incredible property" that no longer operates under a recognised flag or brand, it was disclosed yesterday.
BPL requires $4m 'tri-fuel' investment
Bahamas Power & Light's (BPL) Wartsila engines require a further $4m investment to make them "tri-fuel ready", its chief executive said yesterday said, adding that they are not presently capable of burning three fuel types.
STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations
WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.
FRONT PORCH: Our celebration of independence should not be confused with the birth of our nation
TRITE and simplistic cliches on Bahamas nationhood are enemies of history, memory and myriad freedom struggles and movements for equality, including the fight for majority rule and women’s rights.
Changing the tune with a revolutionary camp
The Change the Tune (CTT) Summer Camp in partnership with the Leadership Academy is a Harvard Award-winning camp that aims to “revolutionise the learning space”.
