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DNA: Economy suffering from double dependency
THE Bahamian economy is suffering from "double dependency syndrome" according to DNA leader Branville McCartney.
Jones and sun open playoffs tonight
Jonquel Jones and the Connecticut Sun will open the WNBA Playoffs and their prospective title run tonight.
Deadly coral disease is affecting up to 90 percent of reefs in some areas
THE deadly Stony Coral Tissue Loss Disease (SCTLD) continues to ravage corals in The Bahamas, affecting up to 90 per cent of corals in some areas.
$1.4m in applications seeking to utilise Hurricane Matthew exigency order
THE government has received almost $1.4 million in applications submitted by persons seeking to utilise the exigency order declared in the wake of Hurricane Matthew, Minister of National Insurance and Labour Shane Gibson said yesterday. The 180-day exigency order, declared effective from October 7, allows residents affected by the storm to import certain items into the country duty and tax-free. It only covers New Providence, Grand Bahama, the Berry Islands and North and Central Andros.
Atlantis eyes $500m in fresh investment
Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.
Exempt app has led to 90 percent increase in revenue at LPIA, says financial secretary
FINANCIAL Secretary Simon Wilson said the Exempt App has led to a 90 per cent increase in customer revenue at the Lynden Pindling International Airport, calling the customs app a “success story” despite complications some travellers have experienced.
Cruise port 90 percent completed and expected to be ready for May completion
THE new Nassau Cruise Port is more than 90 percent completed, according to its chief executive officer Michael Maura who said the port’s opening remains on schedule for the last week of May.
New Year's occupancies at 90-100% in Out Islands
Boating traffic drove New Year's occupancies at Family Island resorts as high as 90-100 percent, hotel managers said yesterday, but New Providence properties did not fare as well.
90% of taxes to go via Central Revenue Agency, Customs
THE Government is proceeding with plans to establish a Central Revenue Agency (CRA) that will collect all taxes bar Customs duties, a Cabinet Minister saying that together the two departments would receive 90 per cent of all due revenues.
Davis and Panthers get win over Miller Jr and Eagles
RADSHAD Davis had the better individual performance and his FIU Panthers got back into the win column with a dominant performance against Franco Miller Jr and the Florida Gulf Coast University Eagles.
U Sports Basketball: Bahamian players shine in Canada colleges
THE Dalhousie Tigers fell one spot in the U Sports Men’s Basketball ranking after their first loss of the season, but rebounded with a pair of wins to highlight weekend play from Bahamians in the top level of Canadian college basketball. Shemarr Bur
Bank unable to recover 95% of VAT ‘inputs’
Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.
15-year-old accused of using gun to rob woman
A 15-year-old was charged with armed robbery in Magistrate’s Court yesterday.The North Andros boy was accused of using a .9mm pistol to rob a woman of a wallet containing $200, two Alcatel cell phones valued at $90 each and $80 cash which belonged to
‘WE’RE COMING FOR OUR MONEY’: $100m student loan debt forces hiring of collection agency
The Education Loan Authority's (ELA) delinquency recovery rate needs to increase seven-fold, a Cabinet Minister admitted yesterday, with Bahamian taxpayers "on the hook for $100m".
Hurricanes keep top spot
By RENALDO DORSETT
Knights dominate Stingrays
By RENALDO DORSETT Tribune Sports Reporter rdorsett@tribunemedia.net SPARKED by a balanced scoring effort, stingy defence and a seemingless endless streak of fastbreaks, the CR Walker Knights dominated the only game in GSSSA Senior Basketball play on the
Receivables over three times' Water Corporation target
By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating
'Criminal' wait for Bay Street height decision
The 10-month wait for a government decision on whether to lift downtown Nassau’s height restrictions was yesterday branded “criminal”, a leading realtor saying it was depressing property values and inhibiting investment proposals critical to the area’s revival.
Insolvent broker: $2.76 owed by affiliates 'could alter significantly'
THE sums owed to Owen Bethel's insolvent Montaque Capital Partners by affiliated companies "could differ significantly" from the initial $2.76 million estimate, liquidators for the Bahamian broker/dealer have warned, as they continue to also probe deals linked to Mr Bethel's family.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.