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Advisers acknowledge ‘scepticism’ over NHI
The Government is hoping to enroll 65 per cent of Bahamians in the National Health Insurance (NHI) scheme by April 2016, although its main advisers acknowledged the “scepticism” surrounding any commercial venture run by the public sector.
Mid-Year Budget mum on $1.5bn ‘titanic iceberg’
A top accounting firm yesterday said the Government’s mid-year Budget statement had effectively ignored the growing $1.5 billion public sector pension fund deficit, despite projections showing it will hit “unsustainable” levels within less than 10 years.
Celebrating nurses after battling the pandemic
GRAND Bahama nurses were praised for their resilience and contributions to global health in the last three years during the official opening of Nurses Month in Freeport on Monday.
$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
Commissioner ‘frustrated’ by court system problems
POLICE Commissioner Clayton Fernander says he’s frustrated by the court system, as he recounted how a man was out on bail within days after his arrest for possession of a weapon on two separate occasions.
Gov’t slashes Q1 deficit by $116m
The Government’s fiscal deficit for the 2022-2023 first quarter was slashed by $116m year-over-year, it was revealed yesterday, with its revenues running 4-5 percent ahead of projections.
Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking
INDIAN firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot, Wales, eliminating 2,800 jobs, as part of plans to make its unprofitable U.K. operation leaner and greener.
CARIFTA countdown
The countdown is now officially on for the 2024 CARIFTA Aquatics Championships slated to be held right here on home soil at the Betty Kelly-Kenning Aquatic Centre March 28 to April 7.
Water and Sewerage Corp deficit grows to $147 million
AUDITS show that the Water and Sewerage Corporation continues to function with significant operating losses, recently accumulating a deficit of $147 million, according to the latest reports tabled in the House of Assembly yesterday.
Murders up by 52%
MURDERS and armed robberies jumped by 52 percent and 42 percent this year compared to the same period last year, National Security Minister Marvin Dames said yesterday.
Top restaurant’s manager laments COVID measures
An executive with a prominent restaurant says the tighter COVID restrictions “don’t make any sense” as he lamented the earlier curfew, indoor dining prohibition and discrimination in favour of hotels.
Study: Living wage in New Providence is $2,625 and $3,550 in Grand Bahama
A 2020 study by the Government and Public Policy Institute of University of The Bahamas concluded that a living wage in New Providence and Grand Bahama is $2,625 and $3,550 per month respectively.
National exams to be held between April 13 and June 25
EDUCATION Minister Jeffrey Lloyd announced on Friday that the country’s national exams will be held between April 13 through June 25.
EDITORIAL: Talk of herd immunity is premature
THE sun always shines in the world of Renward Wells.
System in place to cope with new U.S. test policy
TOURISM Minister Dionisio D’Aguilar yesterday expressed confidence that The Bahamas has a sound regime in place to satisfy an impending policy change requiring all air passengers entering the United States to have a negative COVID-19 test.
PowerSecure business plan shows depth of BPL struggles
A STRUGGLING and financially burdensome Bahamas Power & Light has been a nuisance for Bahamians for many years, and PowerSecure’s business plan, finally released Wednesday, details in depth the extent of the challenges that plague the company.
Buddy to headline roster for Americas World Cup qualifier
MEN’s senior national basketball team head coach Mario Bowleg called this current Bahamas roster “one of the most talented the federation has put together” as they continue to seek FIBA World Cup qualification.Sacramento Kings guard Buddy Hield will
'We want to grow marijuana for scientific reasons'
A Bahamian company yesterday announced it has completed an application under the Dangerous Drugs Act to cultivate marijuana for medical or scientific purposes.Bahama Cann president Elliot Hepburn-Marshall told The Tribune the group intends to submit
'I'm used to working hard for what I get - this is like begging'
MANY Bahamians who are recipients of the $1m a week National Food Distribution Programme say they are grateful, but others are expressing anger in having to rely on it in the first place. In June when COVID-19 restrictions began to relax, the govern
'Dinosaur practices' slammed by small business advocate
A small business advocate yesterday branded the continued reliance on guaranteed bank loans to finance the sector as “dinosaur practices”, as he urged entrepreneurs: “Think globally.”Mark A Turnquest, principal of Mark A Turnquest Consulting, told Tr
