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‘Taxes will increase to cover debt’
A leading Bahamian banker has warned that taxes will "increase significantly" to pay for the Government's COVID-19 spending, leaving individuals and businesses left with less money "for quite a while".
Dorian-hit firm: We will be 'stronger than ever'
A major Freeport retailer/wholesaler is aiming to “fully reopen” its building materials division tomorrow, as it pledged to rebound from Hurricane Dorian “stronger than ever before”.John Doherty, Kellys (Freeport’s) general manager, told Tribune Busi
RoyalFidelity: $1bn goal as 'Caribbean's premier'
RoyalFidelity is now focused on becoming “the premier Caribbean investment bank and wealth manager” after its management-led buyout closed last Wednesday, its president has revealed.Michael Anderson, pictured, confirming that all necessary regulatory
Unions give PM month to avoid ‘national strike’
Trade union leaders yesterday warned the prime minister he has a month to resolve multiple labour disputes otherwise “he’s going to have a national strike on his hands”.
No ‘great panic’ on deficit run-up
The government’s first-half fiscal deficit is no cause for “great panic” despite being equal to 73.4 percent of the full-year target, a top accountant argued yesterday.
Reformer says 'it's not a one pill cure'
The Bahamas will take “at least a decade” to escape its fiscal crisis, a governance reformer warning: “It’s not a one pill cure”.
FACE TO FACE: Fighting for the rights of fathers
Children who have a close relationship with their father are twice more likely to find stable employment or enter college after high school. They are 75 percent less likely to have a teen birth; 80 percent less likely to spend time in jail; and half as likely to experience multiple depression symptoms.
Bahamas selects 'most fraught' model for BEC
By NEIL HARTNELL
$500m impact and counting
Arawak Homes’ development of Pinewood Gardens unleashed a $500 million economic impact spread over 30 years, its chairman said yesterday, telling Tribune Business that over 80 per cent of the lot sites it acquired have been built upon.
Miller: BEC manager’s sale ‘very interesting’
The Bahamas Electricity Corporation’s (BEC) former executive chairman yesterday described the impending acquisition of its newly-appointed manager as “very interesting”, arguing that the deal with the Government could have boosted its sales value.
Govt ‘not doing what is needed to stop economic bleeding’
FREE National Movement Chairman Michael Pintard yesterday blamed the increase in the country’s unemployment rate on “poor governance” from the Christie administration and a lack of “outrage among these government officials about the level of suffering that their people are facing”.
REACH stretched to last dollar, Sure Win steps in
WITH $1 in the bank, REACH – the organisation that is the lifeline for children with autism, their parents, teachers and caregivers – was on the brink of falling off a financial cliff when benefactors Sure Win stepped in.
Mitchell in talks in US to clarify immigration ‘misconceptions’
FOREIGN Affairs and Immigration Minister Fred Mitchell said he expects to hold discussions with two major international organisations in Washington, DC, next week to clarify “misinformation” about the government’s controversial new immigration restrictions.
Bahamas 'co-opts' Canada practices
A Canadian executive spoke to more than 100 Bahamian co-operative and credit union members this month as part of the Department of Co-operative Development’s 40th anniversary celebrations.
Disaster before fiscal rebound Tax Coalition chief's greatest fear
By NEIL HARTNELL
Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
Boards dominated by PLP politicians and their families
WHAT is abundantly clear from the recent Board appointments by the PLP Administration, besides them being late, is that politicians are playing the dominant role on the Boards.
Dionisio: Health visa purchases rise
TOURISM Minister Dionisio D’Aguilar said yesterday the number of people who bought travel health visas to visit The Bahamas last month was “substantially larger” than what was seen in April, saying the figures suggest the country is moving in the right direction.
Senior citizens get a Christmas gift
SENIOR citizens were treated to food and Christmas gift packages yesterday thanks to Mt Olive Baptist Church in Bain Town.
