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Opening Bahamian bank accounts ‘totally insane’

A PROMINENT accountant yesterday blasted “it’s crazy, absolutely insane” that Bahamian businesses face an average wait of more than two months to open a bank account compared to “20 minutes” in the US.

Minister set to intervene on hotel industrial deal

THE minister of labour will today meet with hotel union executives to discuss the latest counter-proposal from resort employees in a bid to break the stalemate over industrial agreement talks.

Energy, labour ‘bottlenecks’ must go for GDP break-out

THE BAHAMAS must overcome labour and energy “bottlenecks” to break out of the lower 1.5-1.8 percent economic growth rates it is forecast to enjoy from 2025 onwards, the IMF is warning.

Private cruise islands set for VAT reform hit

The Government is planning tax reforms that will hit the cruise lines’ Bahamian private islands and end their nine-year VAT-free status, it was confirmed yesterday.

‘MY FAMILY MUST SLEEP LIKE A DOG’: Haitian father of three speaks out after latest shanty demolitions

A HAITIAN father of three said his family must sleep “like a dog” in his truck after bulldozers destroyed his home of more than 20 years in a New Providence shanty town yesterday.

Cougars beat Saints 71-61 to win Game 1

THE Charles W Saunders Cougars, the defending senior boys’ champions, withstood every onslaught from the Kingsway Academy Saints and held on for a hard-fought 71-61 victory.

INSIGHT: It’s time govt shows they are truly serious

IT is hard to get away from the topic of crime with the way this year has started.

Gov’t ‘disagrees’ on IMF’s ‘top 10%’ income taxation

THE Government “disagrees” with the IMF’s assertion that it must introduce a personal income tax targeting “the top 10 percent of earners” and other reforms to hit its 25 percent revenue-to-GDP goal.

Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

Hotel industrial deal ‘in need of a miracle’

THE Government’s labour director yesterday said “it’s becoming obvious there now needs to be a miracle” to secure an industrial agreement for the hotel industry after Friday’s talks ended in “stalemate”.

Gardiner is back

It was a comeback for the ages for Bahamian reigning Olympic 400 metre champion Steven Gardiner over the weekend at the South Carolina Invitational at the University of South Carolina.

More athletes qualify for CARIFTA

A beautiful Saturday at the original Thomas A Robinson Stadium was perfect for the athletes to turn in CARIFTA-qualifying performances at the 2024 Star Performers Track Classic.

BAISS Track and Field meet set for March 6-8

THE cancellation of the Bahamas Association of Independent Secondary Schools (BAISS) track and field meet is now a thing of the past as the inter-school competition is back on the athletics calendar for March 6-8, according to reports.

Good start

ActivTrades

Strong big-tech balance sheets lifted Wall Street into positive territory at the end of last week. However, disappointment over the latest US labour market report limited gains.

Man shot dead in Nassau Village

Police are investigating after a man was shot dead in Nassau Village on Sunday morning.

Clubs & Societies February 2nd, 2024

On Thursday, January 25, the Bahamas Society for Human Resource Management (BSHRM) installed its new executive team at Goldwynn Resort and Residences. The local association is affiliated with Society for Human Resource Management, the largest body of Human Resource (HR) professionals in the world.

The Tribune

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