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Survey gives the Bahamas positive report on perception of corruption

THE Bahamas was ranked favourably on a transparency scale placing 25th out of 175 countries in a newly released Corruption Perceptions Index produced by a global coalition, Transparency International.

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Dames sets target of fewer than 85 murder in 2019

NATIONAL Security Minister Marvin Dames has his sights set on a murder count that is below 85 by the end of this year. The minister’s goal, outlined yesterday outside of Cabinet, is more ambitious than the one in the Prime Minister’s Delivery Unit r

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A birthday bash to remember

IT was a birthday celebration, highlighted by a pair of Masters Softball League games and entertainment that included rake-n-scrape, marching bands and a Junkanoo rush-out, that left the Rev. Dr. William Thompson flabbergasted.

Real Property tax reforms can ‘double’ revenues to $200m

The Government has been advised that it could double real property tax collections to almost $200 million per year through better enforcement and ensuring all eligible properties are on the roll, a Cabinet minister has disclosed.

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

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Businesses say - we’ll need a lot more

The Government was yesterday urged to "marry health with economics" to maximise the "phenomenal gesture" of its $60m bid to safeguard up to 10,000 jobs through tax credits and deferrals.

VAT returns ‘flowing’, but just 13% are in

The first Value-Added Tax (VAT) returns are “flowing in”, even though just 12.7 per cent of the anticipated 550 January filers had submitted their documents by Tuesday this week.

Are we truly Independent Bahamas?

HAPPY 50th Anniversary Bahamas: What should we do in the next 50 years and beyond? Considerations for constitutional change.

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PHA: Expansion of salaries and benefits 'not sustainable at this time'

THE Public Hospitals Authority has disclosed that the expansion of salaries and benefits of medical personnel is “simply not sustainable at this time”, in the wake of last week’s demonstrations by healthcare unions over such outstanding issues.

‘No room for failure’ on auto tax exchange

The Bahamas “has no room for failure” in implementing automatic tax information exchange, a prominent QC warned yesterday, adding that it would be “extremely prejudicial” to this nation’s interests to miss the 2018 launch date.

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Govt can save $80m by ‘verifying’ workers

The Bahamas Public Services Union’s (BPSU) president yesterday suggested the Government’s ‘employee verification’ exercise could slash recurrent spending by around $80 million.

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Warning of lower growth than forecast

The International Monetary Fund (IMF) yesterday slashed its 2013 economic growth forecast for the Bahamas by 80 basis points, prompting an Opposition MP to urge: “We have to find new ways to grow this economy.”

James leads Heat to 95-89 victory over the Raptors

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- LeBron James took a hard foul and clearly was not happy. So the next time he saw the ball, he made sure no Toronto player could reach him. James' steal and dunk with just more than two minutes left gave Miami

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Debt-to-GDP lowered by a fifth, reports govt

PRIME Minister Philip “Brave” Davis commended his administration’s fiscal performance compared to that of the former administration’s pre-pandemic levels, telling the Opposition: “There is a reason why we are here and you there.”

VAT not mandatory for 15,000 firms

More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.

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Web shop tax hikes ‘in our best interests’

The web shop industry tax hikes are in “the best interests of the Bahamian people” due to the social costs the sector imposes, a Cabinet minister argued yesterday.

Carrier's $40m spend waits on Gov't approval

A Bahamas-based communications provider will invest at least 80 per cent of its planned $50 million capital expenditure programme in this nation, once the Government approves its majority acquisition by an international player.

BTC chief projecting 30% mobile share loss

The Bahamas Telecommunications Company’s (BTC) chief executive yesterday said the industry “rule of thumb” is that the second Bahamian mobile operator will seize 30 per cent of its market share.

Oil drilling in the Bahamas

EDITOR, The Tribune