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PM says affordable land and housing plans are part of manifesto
PRIME Minister Dr Hubert Minnis has insisted that recently announced plans to offer concessions to young, prospective homeowners was sparked by goals in his party’s manifesto and not because an election is approaching.
Governance reformer defends Fiscal Act on govt ‘latitude’ concern
THE Bahamas must strike “a balance between functionality and best practice”, a governance reformer said yesterday, after its fiscal responsibility law was criticised for giving government “too much latitude”.
120 body cameras in use - with more still to come
NATIONAL Security Minister Marvin Dames said police officers are using 120 body cameras with more expected to be rolled out.
Jones sets season high 17, Hunter has career high 11
BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.
D’Aguilar: Things will get better as vaccines roll out
TOURISM Minister Dionisio D’Aguilar said yesterday he is hopeful things will improve for the country’s tourism industry “during the course of the year” as vaccination campaigns against COVID-19 continue to be rolled out worldwide.
Oil opponents ‘won’t be priced out’ over $200k costs award
Oil exploration opponents yesterday pledged they will “not be priced out of justice” after the Supreme Court ordered them to find $200,000 to cover Bahamas Petroleum Company’s (BPC) “security for costs”.
Picewell Forbes out of PLP race
CENTRAL and South Andros MP Picewell Forbes announced yesterday that he will not seek re-election, a decision that reflects his belief that Progressive Liberal Party leaders did not support his potential candidacy robustly enough.
PM: $20m 'pipeline' of local investments
The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.
Former bank supervisor guilty
A FORMER bank supervisor yesterday admitted stealing over $35,000 from customer accounts to help pay her own bills.
‘Buddy’ makes NBA history: Becomes the fastest player to reach 1,000 career 3-pointers
On his best shooting night of the season, Chavano “Buddy” Hield remained his harshest critic despite adding another three-point milestone to his résumé.
WORLD VIEW: US–Cuba normalisation could increase production of COVID-19 vaccines
IF US President Joe Biden eases the trade embargo against Cuba, one benefit to developing countries, including the Caribbean, could be greater access to coronavirus vaccines at an affordable price.
32 new cases and one more death confirmed
THIRTY-TWO new COVID-19 cases and one more virus-related death were recorded in the country between Friday and Saturday, pushing the nation’s tally to 8,551 with 980 of those cases still active.
Marinas eye ‘five-fold’ yacht charter growth
A SENIOR marina executive says he expects The Bahamas’ yacht charter business “to grow five-fold within the next five years” based on rapidly-increasing interest in the destination.
‘Buddy’ Hield scores nine, Knicks rout Kings 140-121
NEW YORK (AP) — Immanuel Quickley scored 18 of his 25 points in the first half, and Julius Randle had 21 points and 14 rebounds to power the New York Knicks to a 140-121 win over the Sacramento Kings last night.
Greed and double dipping
Last week, my friends came to visit me from the USA for a week of fun in The Bahamas.
NIB ‘lost control’ of $11m housing loan
The National Insurance Board (NIB) “lost control” of its $10.8m loan to the Government’s housing scheme, a forensic audit probe found, leading to $2.753m in “unauthorised obligations” being incurred.
GB Shipyard to be ‘biggest Caribbean industrial’ player in $100m investment
The Grand Bahama Shipyard will become “the biggest industrial concern in the Caribbean by far” if it proceeds with a $100m-plus investment to build the world’s largest floating dock.
Carnival awaiting permits for GB ‘crown jewel’ start
A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.
Marina chief hits at increased red tape
The Association of Bahamas Marinas (ABM) yesterday voiced frustration that the entry process for incoming boats and yachts has been made “more complicated and difficult” for 80 percent of the market.
Ex-finance minister says income tax 'stable' choice
An ex-minister of state for finance yesterday backed income tax as a more "stable" and equitable alternative to the present regressive structure that is dominated by VAT and import duties.