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VAT covering 99% of economy despite $50,000 exemption

THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.

'My honour's deserved - and long overdue'

BUSINESSMAN and former Olympian Godfrey Kelly, 91, yesterday defended his knighthood saying he expected the award “earlier” and views it as government making “amends” for neglecting to recommend it after his decades of contributions to the country.

Minister: End of AIDS epidemic in sight

HEALTH and Wellness Minister Dr Michael Darville said The Bahamas has reached the moment where “tremendous progress is being made” and that the “end of the AIDS epidemic is in sight.”.

11th Providence Holiday Classic starts December 27th

NOW a staple on the Christmas season’s sporting calendar, the Providence Holiday Basketball Classic continues to expand in its 11th edition.

Buddy grabs career high 11 rebounds for first double

BUDDY Hield has been on a torrid stretch during the final week of October and his latest performance produced one of the best all-around games of his career and a fourth win for his Sacramento Kings.Hield finished with a season high 25 points and a c

Xbox One S: Smaller, but more powerful

XBOX ONE is shrinking in size and growing in power.

Rockets and Resistance get wins in night league basketball

THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo

Education and the elusive cure for poverty

Brad L Brasseur explores the current problems in creating good education for the poor in developing nations and looks at some of the solutions.

Super Value chief '100%' confident resort deal close

Super Value’s owner says he is “100 percent” confident that the sale of his Bimini Sands resort will close as early as this week, adding: “I’m doing the island a favour by exiting.”Rupert Roberts told Tribune Business he hoped to conclude the deal th

Malisse, Knowles fall to Bryan brothers

BAHAMIAN tennis ace Mark Knowles and Xavier Malisse of Belgium lost to American twins Bob and Mike Bryan 6-3, 6-2 at the French Open yesterday.

'What a year it has been'

Just as quickly as we pulled down the curtain, leaving behind all of the bizarre occurrences of successes and failures as well as triumphs and defeats in 2013, we open the door to 2014 with its blank sheet of expectations.

Fritz Grant track and field reulsts

RESULTS of the annual Fritz Grant Track & Field Invitational at Thomas A Robinson Track and Field Stadium Saturday - the event was sponsored by Florida's Natural. Girls 80 Meter Dash Under 7 Finals 1, 705 Thompson, Lan

Eliminations begin on Hugh Campbell day 4

Day four of the Hugh Campbell Basketball Classic traditionally produces the first group of eliminations in the annual tournament as the field starts to dwindle headed into mid-term break for most schools.

Eric Wiberg – New Providence: 60 land accidents

WHETHER planes touched wingtips, men walked into propellers, bombers collided, planes were lost in microbursts, or had training gunnery mishaps, Nassau, Windsor and Oakes air fields and adjacent waters claimed many lives. More than half of all accidents in the colony – 80 of 150 – took place at or near the air fields and New Providence. This article deals with the 55 accidents that happened or ended up on land. In the three years from January 1943 131 aviators and a Bahamian family of three were killed by military aircraft in New Providence and its waters, with 83 rescued, and those fatalities recovered buried on Farrington Road. Pre-existing Oakes Field, used for training, saw nine crashes and most of the 25 unallocated, and Windsor Field, still in use, had 21.

Jonquel Jones on a roll in postseason

New York Liberty to face Las Vegas Aces in Game 4 of WNBA Finals tonight

GRAND Bahama native Jonquel “JJ” Jones has been on a tear in the postseason which helped the New York Liberty to keep their championship window open on Sunday in an elimination game against the Las Vegas Aces.

Chelsea gets 6-1 Premier League win over Queens Park Rangers

LONDON (AP) -- Fernando Torres got his first hat trick in more than two years on Sunday to lead Chelsea to a 6-1 English Premier League win over Queens Park Rangers. Tottenham returned to fourth place with a 2-0 win over Blackburn, moving ahead of Newcastl

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