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Sky diving provider burning $8,400 monthly in wait to become licensed
A skydiving excursion provider yesterday said it is burning through $8,400 per month on renting a plane it cannot use as it battles to obtain the necessary licences and permits.
FRONT PORCH: ‘Until then it is still night’
THERE is an allegory that serves as a prism for some of the light and meaning of the Incarnation and Christmas: “An old Hasidic rabbi asked his pupils how they could tell when the night had ended and day begun, for daybreak is the time for certain holy prayers. ‘Is it,’ proposed one student, ‘when you can see an animal in the distance and tell whether it is a sheep or a dog?’ ‘No,’ answered the rabbi.
Deficits overwhelm growth six-fold in driving debt hike
Weak economic growth has been overwhelmed by the six-fold greater impact of surging fiscal deficits and failed to keep The Bahamas’ debt ratios in check, a multilateral lender is asserting.
URCA proposes 20% expansion in budget
The Utilities Regulation and Competition Authority (URCA) is for the second consecutive year proposing a major hike in its operating budget via a near-20 percent increase for 2024.
Abaco residents renew water billing complaints
An Abaco resident says she has been hit with a $1,300 Water & Sewerage Corporation bill despite being absent from her property for over three years after it was devastated by Hurricane Dorian.
Gov’ts $544m undershoot on Dorian and COVID-19
The two greatest crises in modern Bahamian history resulted in the Government’s 2019-2020 revenues falling $544.1m short of their target, its leading fiscal watchdog has affirmed.
BAAA Odd Distance Meet all set for Friday
THE Bahamas Association of Athletic Associations (BAAA) will get an early start to the track and field season beginning with the Odd Distance Meet scheduled for Friday at the original Thomas A Robinson Stadium.
NPVA Recap: Panthers on a roll to close out the year
THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.
CBS: Online platform in 20% of Xmas sales
A Bahamian retailer yesterday said its e-commerce platform is generating 20 percent of total revenue this Christmas season.
Straw Business Persons Society president says ‘too costly to only sell authentic Bahamian products’
STRAW Business Persons Society president Rebecca Small defended the work of straw vendors, insisting it is too costly to only sell authentic Bahamian products.
Dorian and COVID-19 cost Bahamas one year’s GDP
The Inter-American Development Bank (IDB) has approved doubling its crisis financing facility for The Bahamas to $200m after combined Dorian and COVID losses matched this nation’s annual economic output.
INSIGHT: So how safe is your pension?
FORMER Tribune managing editor JOHN MARQUIS had his Bahamas pension blocked “without warning and for no good reason”. As he battles for its reinstatement, he asks what the implications might be for Bahamian pensioners and those expats who devoted their working lives to The Bahamas.
Minnis’ book details early life struggles and his determination
DR Hubert Minnis’ rags to riches story is familiar to anyone who paid attention to politics when he was leader of the opposition and prime minister.
Accountants: ‘Some wins’ on Business Licence verification
Accountants have secured “some wins” over enhanced Business Licence reporting through less intensive scrutiny that will be applied to companies below the $5m annual turnover threshold.
JUDGE ASKED TO JAIL FORMER MP: Application to commit Lockhart to prison for ‘failure’ to refund $3m
A FORMER member of parliament and Supreme Court judge is facing an application to send him to prison after he allegedly failed to refund more than $3m his client gave his firm to hold in escrow.
Four shooting incidents over weekend leave one dead and five hospitalised
Four shooting incidents over the weekend left one man dead and five hospitalised.
Hoopfest in Paradise turns out to be a real treat
EXCEPT for the constant interruption to wipe the moisture off the floor inside the Kendal Isaacs Gymnasium, the second Hoopfest in Paradise turned out to be a real treat for both local and high school basketball players from the United States of America.
Edgecombe Jr, 18, has impressive showing at home
HOMECOMINGS are usually quite memorable, but for Valdez ‘VJ’ Edgecombe Jr, his return home to the Bahamas as one of the top ranked high school boys’ basketball players in the United States was extra special.
AML Foods set to ‘vigorously fight’ $1m unpaid VAT claim
AML Foods has pledged to “vigorously contest” the Government’s demand that it produce nearly $1m in “unpaid” VAT related to Grand Bahama’s port-Hurricane Dorian economic recovery zone (SERZ).