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Bahamas delegation heads to NBA draft for Deandre

MINISTER of Youth, Sports and Culture Michael Pintard, will head a Bahamian delegation to Brooklyn, New York for the National Basketball Association (NBA) 2018 Draft where Bahamian Deandre Ayton is expected to become the number one pick.The draft wil

BIA chair: Late revision shows 'untidy' budget process

The Bahamas Insurance Association’s (BIA) chairman yesterday branded the budget process “untidy” following the government’s last-minute reversion to its original VAT “exempt” position.Emmanuel Komolafe told Tribune Business that, following talks with

Regulators exploring regime for blockchain

Bahamian financial regulators are exploring the creation of appropriate regulatory regimes for the emerging blockchain technology and cryptocurrency sectors.Their efforts come as The Bahamas hosts industry leaders, financiers, block signers and miner

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FACE TO FACE: My father, the hero

WHEN I was 14 years old, I had the opportunity to participate in the filming of a Hollywood movie right here in Nassau. Gerard Depardieu was the main actor – a French father who took his daughter, played by Katherine Heigl, on vacation to The Bahamas

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Remove VAT from feminine hygiene products

Nearly 2,000 sign petition to be presented to government

A formal petition to eliminate value added tax on feminine hygiene products such as sanitary pads, tampons and menstrual cups has been signed by almost 2,000 Bahamians and will be presented to the government for consideration in the mid-term budget.V

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Web shops ‘taking advantage of workers’

THAT Island Luck employees were seemingly threatened with a loss of pay if they failed to attend Thursday’s protest is a “blatant, naked attempt to take advantage of poor people”, Tourism and Aviation Minister Dionisio D’Aguilar said yesterday.

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INSIGHT: Stop taxing the poorest

ALREADY drowning in a sea of hefty utility bills, high living costs, and archaic business-stifling restrictions, low to middle income Bahamians have just been smacked in the face with a sledgehammer in the form of a regressive, unexpected and misguided tax hike. It is far worse for Grand Bahamians where the economy remains mired in a quagmire of depression.

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Burrows with history makers

Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Basketball Byers closed their season with a history-making milestone.

Insurers want same VAT treatment for all

The Bahamas Insurance Association’s (BIA) chairman has called for all property and casualty products to receive the same VAT treatment, adding that exempt status is “not the way to go”.Emmanuel Komolafe admitted to Tribune Business that he was “caugh

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Grand Bahama 'the gun capital of The Bahamas'

GRAND Bahama, in addition to be being the industrial capital, is being called “the gun capital” of The Bahamas in terms of firearm violence and shootings in the country, Health Minister Dr Duane Sands revealed in the House of Assembly yesterday.Dr S

Woman dies as car crashes into barriers on Munnings Rd

A WOMAN was killed yesterday morning when her burgundy 2013 Hyundai Elantra collided into road barriers on Munnings Road.Paramedics pronounced her, Garvanisha Anastasia Carey, dead on scene after attempting to revive her.The death prompted fresh crit

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Big names in Bahamas team for FIBA World Cup Qualifiers

The Bahamas Basketball Federation has announced the 24-member preliminary squad for the men’s national team as they prepare for the third window of FIBA World Cup – Americas Qualifiers.

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Web shop pay cut threat over anti-VAT demo

Island Luck employees were seemingly threatened with the loss of a day’s pay if they did not attend yesterday’s anti-VAT and gaming tax protest in Rawson Square.

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NHI will cost you $15-$80 a month

THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.

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D’Aguilar: We will be flexible

TOURISM and Aviation Minister Dionisio D’Aguilar said the government will be flexible with web shop taxes, adjusting its new sliding scale scheme if it proves too onerous.

Govt deals: 2/3 of firms need 'personal contacts'

Two-thirds of Bahamian businesses have needed to use “personal contacts” to close or speed-up government deals, showing why “red tape” and corruption are among the country’s top woes.A Bahamas Chamber of Commerce and Employers Confederation (BCCEC) s

Gov't facing long haul to be 'business friendly'

THE government still has “a great deal to do” to be viewed as business-friendly, with few businesses seeing any improvement in their interaction with public sector bureaucracy.Michael Maura, pictured, the Bahamas Chamber of Commerce and Employers Con

Meditation - Moving on

As we consider the celebration of Father’s Day, we may have wonderful memories of a loving father. My own was very good to me: providing, caring, while attending all of my activities. He lived to the ripe old age of 94, and it was a blessing to have

VAT hike puts further strain on cook-outs

“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c

Family Islands urge: ‘tax web shops to the hilt’

Family Island businessmen yesterday urged the government to “tax the web shop industry to the hilt” because it has left many communities “in shambles”.