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PM says Gov't on pace to hit balanced Budget
The Prime Minister yesterday asserted that the Government remains on track to achieve a fiscal surplus and balanced Budget in 2024-2025, adding: "Revenues will continue to go up, and deficits will continue to go down."
'Most Bahamians can't evade their tax liability'
The Prime Minister yesterday reassured that the Government's real property enforcement efforts are targeted at foreign homeowners and businesses rather than Bahamian families.
Work permit crackdown promise is 'empty words'
The Bahamian Contractors Association's (BCA) president yesterday branded as "empty words" the Prime Minister’s latest promise of a work permit crackdown and said he will believe it when he sees it.
Private sector mixed on jobless reduction
Bahamian businesses yesterday gave mixed views over recent unemployment data which revealed that, while the jobless rate declined to 8.8 percent, both the workforce's size and number of persons employed shrank.
Bahamas Baseball Association’s G-Ball Nationals a success
BAHAMAS Baseball Association secretary general Theodore ‘Teddy’ Sweeting said the G-Ball National Baseball Championships was termed a success over the weekend.
THE KDK REPORT: Along the banks of Mangrove Cay
LOCATED 20 miles west of New Providence and spanning 104 miles long by 40 miles wide, Andros is by far the largest island in The Bahamas.
Unemployment rate drop labelled a 'smokescreen'
The Opposition's finance spokesman last night argued that the 8.8 percent unemployment rate, the lowest for 15 years, is a "smokescreen" that masks the "significant" reduction in the labour force's size and number of working Bahamians.
'World has changed': IBCs taxed on foreign earnings
Bahamas-domiciled International Business Companies (IBCs) will have to pay tax on their overseas earnings from New Year's Day 2024 in an historic first for this nation, a senior official confirming: "The world has changed."
RF fund's $120m excess is 'good problem to have'
A Bahamian investment bank says its largest mutual fund is receiving investor subscriptions as fast as it can invest them, branding the situation as "a good problem to have".
Mitchell says foreigners must pay share or leave
REFERRING to cruise lines and Lyford Cay residents, Foreign Affairs Minister Fred Mitchell said it is time foreign nationals “pay their fair share or go elsewhere”.
Kitchen staff at hospital hold sit-out over issues
DISGRUNTLED employees of the kitchen department in Princess Margaret Hospital staged a sit-out on Friday because of an air-conditioning malfunction and staff storage.
CCA: Reverse Baha Mar sabotage 'in its entirety'
Baha Mar's contractor is seeking to overturn "in its entirety" a New York judge's verdict that it sabotaged Baha Mar's completion and orchestrated Sarkis Izmirlian's removal as the project's developer.
JBLN stun Freedom Farm
In one of the most dramatic comebacks at this year’s Bahamas Baseball Association’s G-Ball National Baseball Championships, the Junior Baseball League of Nassau stunned Freedom Farm to clinch the 14-and-under divisional title.
Davis Cup: Bahamas stays in Zone III
THEY were not the results that they wanted, but veteran player/captain Marvin Rolle said it was better than being relegated from American Zone III to zone IV (four) in the Davis Cup competition.
Bahamas All-Pro Football camp a success in year two
THE Bahamas All-Pro Football camp hosted its second edition of the youth training at Thomas A Robinson stadium this past Saturday.
Lions, Lady Avengers run away with flag football titles
THE Caro Contractors Lady Avengers and EDLC Lions are the 2023 flag football champions.
Fred to investors: 'Pay your fair share or look elsewhere'
The Progressive Liberal Party's (PLP) chairman has demanded that foreign investors "pay your fair share or look elsewhere" in response to push back over the Government's various new tax and revenue-raising measures.
BTC launches 'same speed' fibre packages
The Bahamas Telecommunications Company (BTC) has unveiled fibre packages that all provide the same Internet upload and download speeds as it seeks to deliver faster and more reliable connections.
'Grab the wheel tighter' in recessionary times
An entrepreneur says small businesses must “grab the steering wheel a little tighter” during a recession to ensure they have a better grip on their operations.
Unemployment rate lower than pre-pandemic levels
THE percentage of unemployed Bahamians is lower than pre-pandemic rates, dropping from 9.5 percent in May 2019 to 8.8 percent this year, according to the May 2023 report released by the Bahamas National Statistical Institute on Friday.
