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PETER YOUNG: The rescue and the rebuild need a strong hand at the helm
So much has been written already about the catastrophe of Dorian that it is hard to find further words to describe its deadly effects and the horrors inflicted on people in Abaco and Grand Bahama. The destruction and loss of life is almost beyond belief and the extent of the suffering unimaginable. So it is heartening that the worldwide publicity has produced an extraordinarily positive response from other countries and that an international humanitarian aid operation is now under way.
'Deer in headlights' on $1.5bn debt increase
Fiscal watchdogs yesterday warned The Bahamas' debt-to-GDP ratio must "be upwards of 90 percent" after Central Bank data revealed the Government's direct debt rose by $1.5bn in just 12 months.
Coach Greene says he was ‘diagnosed with COVID-19’
Their season won’t start until next weekend but, by then, head coach Rolando ‘Lonnie’ Greene expects to be out of his coronavirus pandemic quarantine and back on the sidelines with his University of Kentucky Wildcats track and field team.
Bahamians warned: 'Brace' for 15-20% premium rises
Bahamian businesses and households were yesterday warned to “brace” for insurance premium increases of up to 15-20 per cent as a result of the 2017 hurricane season.Property and casualty insurers warned of potentially “significant” rate increases as
Don't 'continually' hike VAT for fiscal escape
The government “cannot continually” use VAT hikes to solve its fiscal woes, a top accountant is warning, describing its rising debt servicing and unfunded pension costs as “worrisome”.
Gov'ts signals 'go close your doors' on Bahamasair
A Cabinet Minister was yesterday said to have sent a “go close your doors” message to private Bahamian airlines by reaffirming unlimited government support for Bahamasair.Captain Randy Butler, Sky Bahamas’ chief executive, said Dionisio D’Aguilar’s c
Income tax is NOT ruled out
The Government has not ruled out implementing an income tax, the Deputy Prime Minister revealing yesterday: “We have to consider all options.”
CIBC deal positive if 'breaks up the cartel'
An ex-Central Bank governor yesterday said the proposed acquisition of CIBC FirstCaribbean could be positive for the Bahamian economy if it “breaks up the cartel” in the banking industry.James Smith, pictured, told Tribune Business that the Colombia-
Tax evaders told: 'Your time is up'
The Ministry of Finance’s top official yesterday warned invoice fraudsters and tax evaders that their time is up, as he pledged: “The days of friend and favour are over at the border.” Marlon Johnson, pictured , acting financial secretary, said ther
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
Read it before you eat it
When you are considering the purchase of a new appliance or new car, do you just pick one off the shelf or from the car lot and buy it? Most likely not.Typically, consumers want to know what is the best appliance or vehicle to suit their needs. For e
TOUGH CALL: What the Chinese fishing proposal means for The Bahamas
A firestorm erupted last week over leaked reports that the Christie administration was in talks to hand over farming and fishing rights to the Chinese.
Minister declines permit turnaround time commitment
The minister responsible for immigration yesterday declined to commit to the ‘20-day response’ timeframe sought by the private sector for work permit approvals, admitting that “a drastic increase” in staff and technology was required to achieve this.
Construction fears over 150% Business Licence fee increase
Most Bahamian construction firms are staring at a 150 per cent increase in their Business Licence tax rate, a senior industry executive warning the Government it was “trying to kill the goose that laid the golden egg”.
GB mortgage lending in 90%-plus slump
Mortgage lending on Grand Bahama has declined by more than 90 per cent, in both volume and value, compared to the pre-recession ‘boom’ years, data obtained yesterday by Tribune Business shows.
Man with unlicenced gun accused of threats
A MAN was remanded to the Bahamas Department of Correctional Services yesterday after admitting to having an unlicenced shotgun and ammunition.
17 new COVID related deaths reported
MINISTRY of Health officials have reported 17 new COVID-19 related deaths including several cases that were previously under investigation and are now reclassified.
Software delay for MARCO Alert system
NATIONAL Security Minister Marvin Dames said officials are waiting to receive “mass communication software” that will send out warnings about missing children to facilitate the roll-out of the Mandatory Action Rescuing Children Operation (MARCO) Alert system.
Five newly confirmed cases of COVID-19
THE number of confirmed COVID-19 cases jumped by five to 89 yesterday, health officials said.
