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Corporate income tax paper before Q1 end
The Government is hoping to release a public consultation paper on possible corporate income tax reforms before the 2023 first quarter’s end, it was revealed yesterday.
Bipartisan support as debate begins on new Nurses and Midwives bill
MEMBERS of Parliament yesterday began debating the Nurses and Midwives Bill (2022) which, once enacted, will repeal the Nurses and Midwives Act (1971) and expand the nursing and midwifery practice in the country.
‘No new tax measures’ for $4bn revenue goal
The Government’s top finance official yesterday reiterated his optimism that “no new tax measures” will be required to grow its revenues by some 43 percent to over $4bn during the next four years.
‘Mango season girls’ arrested, says Bell
FOUR Jamaican women, known as the “Mango Season Girls,” were arrested last month for working illegally in the country as a part of government operations to stamp out illegal immigration, Immigration Minister Keith Bell revealed in the House of Assembly yesterday.
Firearms task force ‘to create safer Bahamas’
PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.
Ed Armbrister Baseball League officially open
PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL
AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.
Pintard slams ‘nonsensical’ fiscal strategy report delay
THE Opposition’s leader yesterday blasted the “nonsensical explanation” given by the Prime Minister for why the Government was two-and-a-half months late in releasing its key fiscal strategy document.
National debt forecast to peak at $11.462bn
THE Government yesterday forecast that the national debt will peak at $11.462bn in the next fiscal year with its ratio as a percentage of economic output declining steadily to 67.1 percent by 2026-2027.
Debt report’s ‘worrying story’ for The Bahamas
A GOVERNANCE reformer says a recently-released report on Caribbean debt levels tells a “worrying story” for The Bahamas and its regional counterparts as they battle to overcome the fall-out from countless hurricanes and COVID.
$800m Abaco project branded a ‘God-send’
ABACO’S Chamber of Commerce president yesterday said the $800m investment project targeted at South Abaco will be a “God-send” for the area’s residents.
Coalition of Independents holds protest over illegal immigration
MEMBERS of the Coalition of Independents protested outside the House of Assembly Wednesday over what they deem an immigration crisis, narrowing in on Haitian nationals.
Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
‘Area footage’ to be shared with police shooting victim’s family
NATIONAL Security Minister Wayne Munroe said yesterday that he intended to share area footage of a man being fatally shot by police to the deceased’s family.
Police to make reporting sexual assault crimes ‘easier’ for women
NATIONAL Security Minister Wayne Munroe said officials intend to continue to make it much easier for people to report sexual offences.
Abaco Club opponents in partial Privy Council win
Activists yesterday won a partial Privy Council victory in their battle to prevent public interest legal challenges from being priced out of the Bahamian justice system.
Push reforms to make ‘real dent’ in corruption
The Bahamas can make “a real dent” in its anti-corruption standing if it passes four critical laws this year, a governance reformer argued yesterday, having “missed the opportunity” in 2022.
DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
Bahamian liquidators say ‘no’ to DOJ FTX examiner
FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.
Island FM radio station goes silent
ISLAND FM 102.9 has announced that it will be closing its doors and taking a “hiatus” after more than two decades in service. The radio station delivered the news in a statement released to the media. The move takes effect today, February 1.
