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Govt to increase annual boat registration fees while eliminating duty and VAT on new vessels
THE government is increasing annual boat registration fees while eliminating duty and value-added tax on vessel purchases.
Marina chief: Fee rise now 'makes way more sense'
A former Association of The Bahamas Marinas (ABM) president yesterday argued the Government could have allayed fears over major hikes in yacht and boat registration fees if its Budget messaging was better.
Budget not matching transparency pledges
Governance reformers yesterday charged that the Government's promises of enhanced transparency and accountability are not matched by financial allocations in the 2023-2024 Budget.
Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
NFL Flag football first for Bahamas
With the National Football League (NFL) Flag family seeking to expand in the region, The Bahamas became the first Caribbean country to join the organisation. The historic announcement was made at a press conference yesterday at the Thomas A Robinson stadium.
Dodge Da Pothole
Please note: 1. The development of this role playing game (RPG) is under consideration, and the following outlines initial thoughts for the game. 2. The setting for the game is the existing five mile stretch of road on Great Exuma between Augusta Bay Resort and the western Rolle Town wall. For convenience, we’ll refer to it as Pothole Alley. Over the past two years, most of the road to the west of Augusta Bay has been resurfaced and presents few hazards beyond the usual: speeding autos, dump trucks loaded with flying gravel and semis apparently participating in an Indy 500, distracted drivers, etc.
Port authority
Thanks for allowing me this space in your newspaper, I read an article (Letters, May 10) and was totally flabbergasted as to the title “the government boots on the necks of the GBPA and the Grand Bahamian people”. My intentions are every time there is an article in your or any publication highlighting the good of the Grand Bahama Port Authority (GBPA) and its groups of companies, it’s published, if someone has another view it’s not.
New head coach could help Ayton shine at the Suns
Phoenix Suns centre and Bahamian National Basketball Association (NBA) player Deandre Ayton could see his talents maximised once again this upcoming NBA season. There is a newfound optimism surrounding the Bahamian centre after the team hired Frank Vogel as their new head coach following the firing of previous coach Monty Williams after the playoffs. The team was ousted from the 2023 NBA playoff semifinals after the Denver Nuggets defeated them in a 25-point blowout win to end their season.
BLTA junior nationals this weekend
The Bahamas Lawn Tennis Association (BLTA) will host their junior nationals for the younger division starting this week Friday at 9am. The event will kick off for the youngsters at the National Tennis Center (NTC) and will run from June 10-11. The tennis action will feature the under 8 and 10 divisions and will be a first time nationals performance for many of the younger tennis players.
EDITORIAL: One wait on NIB is over - another begins
AND so the long wait for an answer about the National Insurance fund is over. Or at least in part.
Ex-PM: 'Grave mistake' on $86m hospital funds
A former prime minister is charging that the Government made "a grave mistake" by returning more than $86m in low-cost financing for Princess Margaret Hospital's (PMH) expansion to the original lender.
BAIC, ZNS get $5.7m for arrears 'clean up'
The Ministry of Finance's top official yesterday said the $5.7m allocated for "balance sheet clean-up" at two loss-making government agencies will likely "widen" in upcoming fiscal years to other state-owned enterprises (SOEs).
'Hanging' no longer: PM affirms NIB rate increase
Private sector executives last night voiced relief that The Bahamas is no longer "hanging on this thing" after the Prime Minister confirmed a National Insurance Board (NIB) contribution rate increase will be implemented on July 1, 2024.
Levy-raising power is 'too open ended'
Governance reformers yesterday argued that the discretion afforded the minister of finance by proposed legislation enabling the introduction of so-called 'sin' or 'sugar' taxes is "too open ended".
BTC targets Internet lead with 90% fibre coverage
The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.
Saudi oil production cuts fuel concerns of soaring prices locally at the pump
SAUDI Arabia’s plan to cut oil output is exacerbating petroleum retailers’ concerns over their current price-controlled margins regime, according to Vasco Bastian, vice president of the Bahamas Petroleum Dealers Association.
Adrian Gibson says roads in Long Island are in ‘unacceptable’ shape
THE state of the roads in Long Island has been criticised by the local Member of Parliament, Adrian Gibson, who declared: “Enough is enough!”
Some Parliamentarians have STILL not disclosed
SOME elected officials have still not complied with financial disclosure requirements in 2023, according to Public Disclosure Commission Chairman Bishop Victor Cooper.
Police in Azario shooting appeal coroner’s ruling
THE police officers who killed Azario Major have officially appealed the Coroner’s Court finding of homicide by manslaughter, claiming a pre-trial video made it impossible for jurors to remain impartial and independent.
Jonquel, Liberty look to bounce back after Sunday’s loss to Sky
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.