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Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

Tourist shoppers: VAT refund to fall to 85%

Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.

FIBA: Bahamas to face Dominican Republic tonight

COACH Mario Bowleg said the men’s national basketball team is prepared to put the devastating loss to the US Virgin Islands behind them and is eagerly looking forward to closing out play tonight against the Dominican Republic on a high note in the FI

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Jonquel Jones and Foxes win title

Jonquel Jones and the UMMC Ekaterinburg Foxes claimed their sixth FIBA EuroLeague Women’s title in club history.

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Lashann scores career high 30

LASHANN Higgs continues to have a breakout season for the Texas Longhorns and reached another scoring milestone for the second consecutive game.Higgs finished with a career high 30 points as her No.8 Longhorns protected home court with an 84-79 win o

Banks: 25% never verified Building Code compliance

The Central Bank is urging all licensees to ensure their offices can withstand a Dorian-type Category Five hurricane after 25 per cent said they had never confirmed Bahamas Building Code compliance.

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Regulators stay alive, Shockers take 2-1 lead

The Real Deal Shockers pulled off an 80-69 win over the Mail Boat Cybots to take a 2-1 lead in their New Providence Basketball Association men’s semi-final series, while Mr Ship It Freight Regulators stayed alive in their series against the Commonwealth Bank Giants with a 114-85 blowout victory.

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Bahamasall set for 2014 CentroBasket tournament

FOR the Bahamas men’s national basketball team, the path towards an historic berth at the 2016 Rio Olympic Games continues this weekend with the next level of regional qualification.

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

Police should act on social media falsehoods

I refer to The Tribune editorial (October 13) on the misinformation churned out daily by social media, which appears to result in public alarm and panic.

Greater power to protect witnesses

THE government passed the Criminal Evidence Witness Anonymity Amendment Bill yesterday to allow for witness identities in criminal proceedings to be shielded and only revealed in screening by a magistrate, magistrate panel or judge in a bid to clamp down on acts of witness tampering.

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Shamar earns Subway Player of the Game

Burrows and Dalhousie Tigers claim their 3rd straight AUS title, qualify for U Sports Final 8

Shamar Burrows and the Dalhousie Tigers claimed their third consecutive Atlantic University Sport championship and now look ahead to joining the best programmes in Canada at the U Sports Final Eight next month.

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Tourism urged: Do more to counter COVID inaccuracy

A senior tourism official yesterday questioned what the industry is doing collectively “to counter” COVID-19 disinformation on social media as he revealed the “uneven” Family Islands recovery.

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Ragged Island to have 95 percent solar power by June

WORKS Minister Desmond Bannister said yesterday that in early June, 95 percent of power in Ragged Island will be generated “from the largest, most modern solar field” in the country.

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Jones and Hornets end Summer League with 2-3 win-loss record

KAI Jones and the Charlotte Hornets concluded the NBA2K23 Las Vegas Summer League with a 2-3 win-loss record.

Patron taxes a 'major concern' for web shops

THE twin five percent Stamp Tax levies on web shop patrons are a “significant concern” for operators, the Gaming House Operators Association’s chief executive said yesterday.Gershan Major told Tribune Business that while it was difficult to determine

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Grant and Thunderwolves headed to Ontario University Association semi-finals

LEASHJA Grant and her Lakehead Thunderwolves are headed to the Ontario University Association semi-finals.