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BPL to re-enter hedging via 15% fuel cost lock-in
Bahamas Power & Light (BPL) yesterday signalled its intent to re-enter the fuel hedging market just one day after the Prime Minister sought to discredit how the strategy was employed by the former administration.
New construction permits off 20% due to commercial drop
The value of new construction permits issued in the 2022 third quarter fell by almost 20 percent year-over-year due to a significant drop-off in new commercial projects, it was disclosed yesterday.
Avoid ‘jack up numbers’ on Business Licence renewal
Companies are only suffering delayed Business Licence renewals if they have “jack up numbers” and are unable to provide proof of income, a small business consultant and activist argued yesterday.
‘Worryingly low’ graduation’s blow to high-value economy
The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.
Munroe responds to Minnis on threats
NATIONAL Security Minister Wayne Munroe said yesterday that death threats against anyone will be investigated once reported to police.
PLP ‘DECIDED’ ON NIB FUND . . . but we have to wait longer to find out what will be done
AFTER months of deliberation, the Davis administration finally made a decision yesterday concerning the future of the National Insurance Board fund, according to State Minister Myles Laroda with responsibility for NIB.
FNM accuses government of ‘failing small businesses’
THE FREE National Movement has accused the Davis administration of failing small businesses, saying its “ill-advised” policies has made it difficult for business owners to operate.
The Bahamas has enough US fast food chains
We are crossing a dangerous threshold. At risk is not only the nation’s veritable blood pressure, but Nassau’s sociocultural integrity.
Tennis ace Justin Roberts looking forward to productive season
AFTER sitting out for the past two months and-a-half with an injury, the Bahamas’ top ranked international tennis player Justin Roberts is back and is looking forward to a productive season this year.
Prison parole programme to begin with Grand Bahama inmates
ACTING Prison Commissioner Doan Cleare said government expects to soon announce the commencing of parole for inmates, starting first in Grand Bahama.
Migrants held in Inagua all repatriated
ALL 375 migrants being held in Inagua have been repatriated, said Immigration Minister Keith Bell yesterday.
PM outlines six key fiscal strategies; hopes to double revenue collection
PRIME Minister Phillip Davis outlined six key priorities of the 2022 Fiscal Strategy report as he led debate in the House of Assembly yesterday - and hopes to nearly double the amount of real property tax collected.
Centreville crime watch receives car from MP
CENTREVILLE MP Jomo Campbell, along with corporate partners, donated a new neighborhood watch vehicle to The Bahamas National Neighborhood Watch Council (NNWC) of Centreville.
Poverty key contributor to sexual violence offences, says minister
SOCIAL Services Minister Obie Wilchcombe yesterday pointed to poverty as the main factor contributing to the level of rape and sexual violence offences plaguing the country.
Obie Wilchcombe: Government shelter unused by fire victims
SOCIAL Services Minister Obie Wilchcombe said no one had shown up to shelter facilities set up for some 40 victims of Sunday’s shanty town fire. He said government agencies will take the “necessary actions” investigating any undocumented people.
Rejected web shop loses licence appeal
The Gaming Board’s decision to reject a web shop’s licence bid during the industry’s legalisation was fully vindicated yesterday by the Supreme Court.
House hostilities erupt on $150m BPL arrears
The Prime Minister and Opposition’s leader yesterday accused each other of making “false” statements as renewed hostilities erupted over Bahamas Power & Light’s (BPL) $150m in unpaid bills.
PM targets 75% of property tax billings ‘within four years’
The Prime Minister yesterday defended the Government’s aggressive target of more than tripling real property tax collections by asserting it plans to collect 75 percent of annual billings “within the next four years”.
'Full-throated' effort urged on regulatory compliance
The Bahamas must display a "full-throated commitment" fighting all forms of financial crime, the attorney general reiterated yesterday, while pointing to the imminent challenge posed by global corporate tax reforms.
Bishop Hall calls out ‘sanctified silence’
AFTER two murders were recorded on Sunday, Bishop Simeon Hall lashed out against those who engage in “sanctified silence” by failing to report criminal activity.
