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Customs duties under 20% ‘not a far stretch’
Slashing Customs Duty rates below 20 per cent when Value Added Tax (VAT) is introduced is “not a far stretch”, a senior Ministry of Finance official said yesterday, adding that shifting the tax burden services should reduce the levy on imported goods.
BFSB summit focuses on tax, regulatory demands
The global focus on taxation, anti-money laundering and demands for greater transparency will be discussed at this week’s International Business & Finance Summit (IBFS).
Shining Knights
THE Government Secondary Schools Sports Association’s (GSSSA) Senior Track and Field Championships concluded on Friday with the CR Walker Knights celebrating as the champions, regaining the title that they lost to the CV Bethel Stingrays for the past two years.
NAUGHTY'S NFL PICKS: ‘With only a two-game lead, Mrs Dorsett can be caught’
I WENT 9-6 last week, could have been worse I suppose.
Minister slams G-20's 'unprecedented assault' on financial industry
The Minister of Foreign Affairs has used a regional summit with the European Union (EU) to hit out at “the unprecedented assault” on the Bahamas’ financial services industry, arguing that the sector was subject to regulatory standards that matched those in developed countries.
'Minimum' 20% rise targeted for road, real property tax
The Government believes better administration will yield a “minimum” 20 per cent increase in real property tax and Road Traffic Department revenues, with its anti-tobacco smuggling measures already causing “greater compliance”.
Nesbitt, Coleby, Burrows take the spotlight
IT’s playoff season for several marquee Bahamian basketball players in their respective leagues across the globe.David Nesbitt and Kadeem Coleby are in the midst of their championship series, while Juraun “Kino” Burrows will begin his playoff run thi
Truckers sweep defending champions Lady Cheetahs
THERE will be a new champion crowned in the New Providence Women’s Basketball Association after the Career Builders Lady Cheetahs’ season ended over the weekend.
Star Trackers Classic has CARIFTA qualifiers
DESPITE the inclement weather, which forced officials to finish the meet ahead of time, at least a pair of CARIFTA Games qualifying standards were established in the same event at the Star Trackers Track Classic on Saturday.
Two charged with murder
TWO Grand Bahama men were arraigned on a murder charge in the Freeport Magistrate’s Court on Monday.
Police seize handguns, arrest five men and foil armed robbery
POLICE in New Providence have arrested five men and seized three handguns in three separate incidents in a 20-hour period from Friday evening, including foiling an armed robbery.
Man accused of $25k bank fraud and money laundering granted $8,000 bail
A 20-year-old man was granted $8,000 bail after being accused of defrauding a bank of over $25,000 this year.
Man shot in both legs
A 27 year old male of Thompson Lane off East Street is in hospital after being shot in both legs.
Mortician charged for falsifying records
A former mortician was charged in Freeport Magistrate’s Court this week with falsification of a public record.
Baha Mar Hoops on horizon Nov. 18-27
IN only its second year, “Baha Mar Hoops” will play host to the largest event in the sport of college basketball when 20 men’s and women’s teams play this Thanksgiving at Baha Mar - the leading resort destination in The Bahamas.
Family pays tribute to lost son
WHEN the family of Akio 'Ninja' Francis received the call on April Fools' Day that 20-year-old Ninja was shot, and in critical condition, they took it for a joke. In fact, he had
Man dies after being thrown from his motorbike on JFK
A MAN in his early to mid-20s died after he lost control of his motorbike yesterday.
Man accused of molesting 11-year-old girl in Eleuthera granted $5,000 bail
A 20-year-old man was granted $5,000 bail yesterday after he allegedly molested an 11-year-old girl in Eleuthera last week.
Man charged with unlawful sexual intercourse
A 20-year-old is behind bars after he allegedly sexually assaulted a 14-year-old girl twice in the last four months.
Two men killed while on bail for murder
TWO men on bail for serious crimes were murdered last night.
