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Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
37% deficit rise creates new Govt ‘straitjacket’
A 37 per cent year-over-year fiscal deficit increase yesterday prompted the Opposition’s finance spokesman to warn that the next government will find itself “in a tight straitjacket with little room for manoevere”.
Letter: PM should accept FOCOL plan
Executive Chairman of the Bahamas Electricity Corporation (BEC) Leslie Miller and the Progressive Liberal Party (PLP) government are both determined to follow through with their pledge to offer a 10 per cent discount in their light bills to BEC customers in the not-too-distant future
Bahamians on the cutting edge
OVER the course of last week, 85 children from all around The Bahamas were immersed in technical “streams” - various scientific courses - during the second annual Bahamas Engineering and Technology Advancement (BETA) camp.
SPORTING MISCHIEF & MAYHEM: Boom now or be labelled forever an NFL bust
MOST professional athletes, especially those in the NFL, want a bust, as in enshrinement into the Pro Football Hall of Fame. Each inductee gets a sculpture (bust) in his likeness, the ultimate accomplishment for a player individually in the game.
Munnings makes his debut in Portugal, Fritz signs on with new club in Spain
TRAVIS Munnings made his debut with a new club in Portugal while Shaquillo Fritz signed on with a new club for the upcoming 2021 season in Spain.
Stingrays take opener
If the regular season was any indication, the PJ’s Cleaning Services Stingers feel they should have no problem dealing with the Y-Care Wreckers in their New Providence Basketball Association men’s first round best-of-five playoff series.
Chavez Young named player of the week
CHAVEZ Young has excelled with the Buffalo Bison since his return to Triple-A baseball and was recognised as the club’s Player of the Week.
BTC to 'exceed' $60- $80m earnings goal
BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth
80% of motorists exposed torogue, uninsured drivers
A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv
Tobacco smuggling: Bill to recover 80% of revenue losses
The Government yesterday estimated that it will recover 80 per cent, or $20 million, of the revenues it loses annually to tobacco smuggling via its Excise Stamp initiative, and disclosed it was looking at similar measures to combat illegal alcohol imports.
Cable's $100m issue to slash debt costs
Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.
Radshad shines in France debut
Radshad Davis made his French debut and is off to a noteworthy start with Vendee Challans Basket of the Nationale Masculine 1 League.
$102m plant's timetable missforces Baha Mar to 'Plan b'
Plans to reduce Baha Mar’s air conditioning-related energy demand by 90 per cent have been thrown into severe jeopardy, the $2.6 billion resort developer yesterday confirming it had moved “on to Plan B” after a renewable energy firm failed to meet agreed timelines.
National high school soccer champions soak up spotlight
A goal on a header from Charles Allan was all that the Lyford Cay International School needed to clinch the Sam Haven senior boys’ national high school soccer championship title. It took one extra penalty shot for the Lucaya International to take the girls’ title to Grand Bahama.
Cruise giant in $3,000 annual PI seabed deal
Royal Caribbean Cruise Lines secured a second lease from the Minnis administration allowing it to rent three acres of seabed off Paradise Island for just $3,000 per annum, it can be revealed.
‘GREATEST OF ALL TIME’: SPORTS STAR AND CULTURAL ICON PELÉ DIES AT 82
SAO PAULO (AP) — Pelé will be famous for 15 centuries.
Swimmer Davante Carey and Bearcats improve to 7-0
DAVANTE Carey had an active weekend for the McKendree Bearcats Swimming as the No.4 ranked team improved to 7-0 in dual meets this season.
‘Scumbags’ hit Robin Hood re-opening with $30k theft
Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.
Family and friends searching for missing Philip “Big Mama” Stubbs
Concerned family and friends are desperately searching for Philip “Big Mama” Stubbs, 80, who went missing after leaving his residence early this week.
