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PM targets 20% cut for electricity costs
The Prime Minister yesterday revealed the Government is targeting a further 20 percent reduction in electricity costs to below $0.20 per kilowatt hour via a combination of renewable energy and liquefied natural gas (LNG) related reforms.
BUDGET: ‘We’re going in right direction’
PRIME Minister Phillip “Brave” Davis yesterday predicted additional revenue growth for The Bahamas, adding that $2.8bn is projected in total revenue for the upcoming fiscal year.
Compare Davis v Zelensky
Had PM Davis been in Volodymyr Zelensky’s shoes, I would want him to do the following:
AML launches new smart rewards scheme
AML has launched a new smart rewards scheme for its Solomon’s brand.
Hotel employee accused of stealing $60,000
A WOMAN was granted $20K bail in a Magistrate’s Court yesterday where she was accused of stealing $60K from an Eleuthera hotel where she had worked for several months.
Lucius Fox Player of the Week, Knowles promoted, Young back in AAA
D’SHAWN Knowles and Chavez Young received call-ups in their respective organisations while Lucius Fox was named Player of the Week to highlight play from Bahamians in minor league baseball.
NEXX Basketball: JR Cadot to launch ‘Dream Again’ camp
NEXX Basketball, an organisation founded by Bahamian national team and former professional basketball player JR Cadot, will be launching his ‘Dream Again’ Basketball Camp next month.
US working with Bahamas to tackle migration issues
THE United States government is actively working with nations in the region such as The Bahamas to tackle the root causes of “irregular migration”, according to a high-ranking US State Department official yesterday.
2022/23 Budget: Key points
Prime Minister Philip ‘Brave’ Davis delivered the 2022/23 Budget Communication in the House of Assembly on Wednesday, saying it would ”steer the country in a new direction”.
‘Buy good real estate but a cheap vehicle’
Suggestions that today’s Budget will seek to “promote home ownership” and green energy yesterday generated calls for an attitude overhaul and a variety of tax reforms from participants in both sectors.
‘Hardship’ threat over VAT medical bill move
The Government is threatening to cause “additional hardship” for thousands of Bahamians who enjoy private medical insurance through VAT-related reforms that will increase medical bills and treatment costs.
Minister says tax hikes an ‘absolute last resort’
A Cabinet minister yesterday reiterated that new and/or increased taxes are an “absolute last resort” given that they will undermine The Bahamas’ post-COVID recovery, again pledging that they will not feature in today’s Budget.
HUBERT EDWARDS: Today’s Budget for a better tomorrow
We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.
EDITORIAL: Pay attention to details on Budget day
TODAY is a landmark day for the Davis administration – its first full Budget presentation.
Four in court over dangerous drug possession charges
FOUR MEN were charged in a Magistrate’s Court yesterday on separate drug offences.
Accused faces court over March 6 shooting death
A MAN was charged in a Magistrate’s Court yesterday in connection with the murder of Perez Cuffe.
Bahamian referee appointed to Nations League Competition
AS the CONCACAF region prepares for the start of the second edition of the Nations League competition and as national teams from the participating member associations prepare by hosting training matches, here in the Bahamas we are preparing on two fronts.
Police hunt for rapist in Grand Bahama
GRAND Bahama Police are searching for a rapist who is believed to be responsible for at least two recent sexual assaults in the Freeport area.
BISX-listed Fund eyes restart for dividends after 15-year gap
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
Exuma deaths 'caused by carbon monoxide'
LOCAL officials and Sandals Emerald Bay in Exuma were tight-lipped yesterday about the cause of death of three American tourists who were found dead in their rooms at the hotel earlier this month.