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Ministry to celebrate Cooperative Month

THE Ministry of Agriculture, Marine Resources and Family Island Affairs is celebrating Cooperative Month this month.

O’Neil Williams gets set to run in Berlin Marathon

VETERAN distance runner O’Neil Williams will have another opportunity to add to his résumé of accolades when he competes in the elite field of one of the most highly regarded events on the international marathon circuit.

National Congress: We’ll stay strong despite union split

THE National Congress of Trade Unions of The Bahamas says the organisation will remain strong and continue to represent workers in the country after several unions ended their affiliation with umbrella organisation.

Cable in $169m refinance amid return to profitability

Cable Bahamas yesterday unveiled plans to refinance $169m in preference share debt, and slash annual interest payments by $500,000, after generating its first quarterly net profit for several years.

‘Fantastic’ food tariff cuts won’t fully offset inflation

The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.

Ex-BACO president in ‘non-compete’ dispute

A past Bahamas Association of Compliance Officers (BACO) president was yesterday said to be free to “engage in her profession” after a Florida appeals court refused to extend a non-compete injunction relating to a two-year legal battle.

Four face court on drugs charges

FOUR men were arraigned in Magistrate’s Court yesterday on separate drug charges.

HomeTown Lender new Bahamas Bowl sponsor

COLLEGE FOOTBALL BOWL SEASON BEGINS IN THE BAHAMAS ON FRIDAY, DECEMBER 16

NASSAU, Bahamas – Bowl Season will begin in the Bahamas this year as the longest-running international bowl game in college football history, the HomeTown Lenders Bahamas Bowl, will be played Friday, December 16 at 11:30 am ET.

All truss-ed out on Budget’s tax cuts

A Bahamian contractor yesterday warned that the Government’s decision to eliminate 20 percent duty on imported roof trusses will “put us out of business” in a segment that has kept his overall operation afloat.

No monkeypox cases recorded in The Bahamas

THE Ministry of Health and Wellness has assured the public there are no confirmed cases of Monkeypox in the country.

Gov’t seeks ‘happy medium’ for domestic poultry farmers

An Abaco poultry farm believes the Government’s Budget is trying to strike a “happy medium” for stimulating the sector with plans to lower electricity costs designed to offset duty reductions on rival imports.

Family Island companies struggle with price rises

Family Island businesses yesterday said they are struggling to contain prices as they grapple with soaring inflationary pressures impacting the entire world.

Education budgets ‘have been underfunded for a while’

EDUCATION Minister Glenys Hanna Martin says while budgets for her ministry have been underfunded over the years, she is hoping the financial provisions this fiscal cycle are more in line with what is expected of the placement of education.

Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast

Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”

Gov’t to cut foreign debt portion in half

The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.

Take the tools of death out of the marketplace

The definition of fire arm is a weapon from which a shot is discharged by gunpowder —usually called small arms.

Woman charged with abetment to assault

A WOMAN was granted $3,000 bail in a Magistrate’s Court yesterday following her arraignment for abetting in an assault.

Franklyn Petion seeks assistance

Franklyn Petion has overcome several setbacks over the course of his collegiate basketball career and is now seeking assistance to complete his academic and athletic goals.

PM targets 20% cut for electricity costs

The Prime Minister yesterday revealed the Government is targeting a further 20 percent reduction in electricity costs to below $0.20 per kilowatt hour via a combination of renewable energy and liquefied natural gas (LNG) related reforms.

Pair face court charged with drugs possession

A WOMAN and a man were arraigned in a Magistrate’s Court yesterday in connection with a drug related charge.

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