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TOUGH CALL: Why Bahamian beaches are safe from the excavators
EVERY now and then we work ourselves into a frenzy based largely on hearsay and conspiracy theories. Eventually the controversy du jour settles down and is forgotten - until the next time.
'Stealth' corporate tax fear on licence fee regulations
The Ministry of Finance’s top official yesterday “categorically rejected” fears that the new business licence regulations are the first step towards implementing a corporate income tax regime.Marlon Johnson, the financial secretary, told Tribune Busi
PETER YOUNG: Beating the Germans at Wembley, dare we dream of more?
AFTER writing last week about the then upcoming clash between England and Germany at the European football championships, the extraordinary events of recent days demand a return to the subject today.
FRONT PORCH: Time we threw off the last shackles of colonialism and unleash our real potential
ONE of the jarring realities the COVID-19 pandemic has revealed here at home is the degree to which the relationship of The Bahamas to the 21st century is tenuous.
‘Shooting ourselves in foot’ over deal red tape
Attorneys yesterday warned the Bahamas is “shooting ourselves in the foot” through red tape that has caused multi-month delays to the closing of real estate transactions.
INSIGHT: Who’s afraid of ‘Big Bad Mary Jane’?
IT is “high” time the conversation of marijuana decriminalisation or legalisation be approached intellectually. This has been a subject of recent debate, particularly gaining momentum at the beginning of the year. CARICOM’s regional assessments led to a town meeting over a week ago, where despite a lack representation from the people that oppose marijuana decriminalisation or legalisation, there was still a good turnout as citizens came to voice their opinions on the issue.
A YOUNG MAN'S VIEW: Radical reforms required to improved public trust in our political system
The Bahamas’ electoral process and the parliamentary registration procedures are seriously flawed and are in desperate need of a complete overhaul.
INSIGHT: It’s time to bust the marijuana myths
IT is “high” time the conversation of marijuana decriminalisation or legalisation be approached intellectually. This has been a subject of recent debate, particularly gaining momentum at the beginning of the year. CARICOM’s regional assessments led to a town meeting over a week ago, where despite a lack of representation from the people that oppose marijuana decriminalisation or legalisation, there was still a good turnout, as citizens came out in droves to voice their opinions on the issue.
Web shops urged to withhold due taxes
Web shops were yesterday urged to withhold all revenues currently due to the government, amid claims planned tax hikes were intended to wipe them out in favour of a national lottery.Philip Galanis, the former MP and senator, told Tribune Business he
Minister slams ‘reprehensible’ cruise line threat to operators
The Minister of Tourism has slammed as “reprehensible” the threat by a major cruise line to terminate Bahamian tour operators’ contracts if they direct-sell to passengers without its permission.
Deltec slams ‘inaccurate’ claims on broker’s failure
A major Bahamian financial institution has slammed “inaccurate and unsubstantiated” allegations that it played a “conflicted” role in the collapse of a local investment advisory firm.
Baha Mar sales process exposed
Baha Mar’s current owner leapfrogged all rival bidders in less than two weeks to become the property’s chosen buyer despite its $1.3bn offer coming from outside the formal sales process.
Insolvent adviser meets just 25% of $1m liability
An insolvent Bahamas-based investment advisor has been placed in Supreme Court-supervised liquidation due to its remaining cash balances covering less than 25 percent of its $1m-plus liabilities. Ed Rahming, the newly-appointed liquidator for Pacifi
PETER YOUNG: Are we doing enough to prevent economy being left in ruins?
In writing further about the coronavirus crisis - now being called the greatest ever threat to the world in peacetime - I offer comment this week on the latest developments in Europe, including Britain, and here at home as well. The crisis affecting so many countries has become nothing short of a human catastrophe and the most serious global health challenge of our times. Its effects have also had a horrifying impact on the world economy and have disrupted modern society on an unimaginable scale.
INSIGHT: A few words of advice to help a government off course
Over the past several months, a theme has emerged in public commentary suggesting that despite near universal high hopes following the landslide victory of May 10, 2017, the Minnis Administration has strayed badly off course and is haemorrhaging support on a daily basis.
HUBERT EDWARDS: Bahamas requires open reckoning on challenges
The economic recovery for The Bahamas must be urgent, broad-based, strategic and focused on multiple areas at the same time. Every effort must take on a holistic approach, designed to secure fundamental and sustainable fixes for the issues that have plagued the country for decades, and create economic growth but not just for the initial recovery. Anything that is otherwise will be detrimental to the long-term well-being of the nation. In this piece, I look at some select areas of the recent Speech from the Throne.
PETER YOUNG: Europe’s day of darkness when it betrayed its core values
IT HAS been called the worst civilian atrocity in Europe since the Second World War and the darkest page of modern European history. In July 1995, in Srebrenica in the state of Bosnia – part of the former Yugoslavia – over 8,000 people, mainly Muslim men and boys, were rounded up and executed by Serbian forces.
BTC owner proposing 25,000 homes spend
The Bahamas Telecommunications Company’s (BTC) ultimate parent is proposing a “huge” investment to extend its fibre network past another 25,000 homes, not the buy-out of the government’s stake in the carrier. Garfield “Garry” Sinclair, BTC’s chief e
CLIMBDOWN? Webshops set to win deal on new tax rates
The web shop industry’s “sliding scale” tax structure could be cut to just two bands with much lower rates under new proposals being considered by the Government.
Bahamas receives ‘junk’ Xmas present from S&P
Standard & Poor’s (S&P) yesterday gave the Bahamas a ‘junk’ creditworthiness downgrade for Christmas, raising alarm that this nation’s economic and fiscal woes are taking it “over the precipice”.