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Recession fears if VAT lowers consumer spend
A leading accountant yesterday warned that if the uncertainty surrounding Value Added Tax (VAT) sparked a decrease in consumer spending, it might push the Bahamas back into recession.
Gaming bill needs international approval
PRIME Minister Perry Christie yesterday said the revamped gaming legislation hinges on the support of international regulatory agencies, adding that the government was close to settling “significant issues”.
VAT registration to start on September 1
Debate on the Value-Added Tax (VAT) Bill is expected to begin within the next two weeks, a Cabinet Minister said yesterday, added that business registration for the new tax is expected to start on September 1.
Air academy student has sky high ambitions
NATASHA Albury, from Hope Town, Abaco, has been appointed Director of Operations at Florida Air Academy Wing Diamond - one of the top leadership positions among FAA students.
‘Not punitive’: Just 3% of homes see tax hike
The Ministry of Finance’s top official yesterday asserted that just 3 percent of New Providence homeowners will suffer a real property tax hike this year, adding: “We chose not to be punitive.”
Surprise at Christie admission
OPPOSITION Leader Dr Hubert Minnis was surprised by Prime Minister Christie's acknowledgment that the Bahamas was now "in the midst of one of the most difficult and challenging fiscal periods in the nation's history". The Prime Minister made his observati
Business ‘support’ for minimum wage rise
Private sector support for increasing the minimum wage is growing, a leading executive says, although it wants a free labour market to still “rein” in the Bahamas.
Baha Mar to hit $48.2m milestone this week
BAHA MAR executives believe they will this week unlock the Government’s $48.2 million contribution to Cable Beach infrastructure works when the third, and final, stage of the casino hotel reaches 100 feet above grade.
Ex-BPL worker loses $6k over ‘lewd’ dismissal
An ex-Bahamas Power & Light (BPL) employee has been stripped of the $6,068 she was awarded after being terminated for “lewd sexual activity” while working in the utility’s cashier cage.
Bahamas routs Antigua 109-71 in CBC U-16 opener
TEAM Bahamas served notice to the remainder of the field and immediately staked their claim as a contender at the Caribbean Basketball Confederation Championships.
Post office deal ‘all above board’
A KEY Cabinet minister yesterday told The Tribune the government followed every protocol in leasing the Town Centre Mall from a sitting Cabinet minister to relocate the General Post Office.
NCAA: Makers Wanted Bahamas Bowl gets high marks
THE 2018 Makers Wanted Bahamas Bowl exceeded the expectations of several international media outlets in its fourth edition.
Bain rejects recusal bid in Nygard cases
SUPREME Court Justice Rhonda Bain has rejected Keod Smith’s application to recuse herself from hearing Peter Nygard cases. It is not the first time she has made such a ruling. Late last year she ruled that Mr Nygard gave “no cogent reasons” for his
Fears as Bimini gets ready for lockdown
RESIDENTS of Bimini said while they have prepared “as best they could” for the two-week lockdown which begins today but fear provisions may not be enough for some households struggling to make ends meet. Pertrisa Saunders from Bailey Town, Bimini, s
'Deer in headlights' on $1.5bn debt increase
Fiscal watchdogs yesterday warned The Bahamas' debt-to-GDP ratio must "be upwards of 90 percent" after Central Bank data revealed the Government's direct debt rose by $1.5bn in just 12 months.
Operators force deciding game 5
With the game and their season on the line, Keva Johnson powered inside for the winning basket to help the Bommer Gee Operators stave off elimination and force a fifth and deciding game.
Bahamas Power & Light | SKYGuard Tropical Cyclone Watch ( 92 hours Away)
Thursday,, 20th August, 2020.
Record win for Jones and Sun
Jonquel Jones posted her league leading 17th double double of the season and the Connecticut Sun set a new franchise record with their 13th consecutive win.
Mavs rout Suns, force Game 7
DALLAS (AP) — Luka Doncic scored 33 points and the Dallas Mavericks beat the Phoenix Suns 113-86 last night to force a Game 7 in the Western Conference semifinals.
DEALER: CAR SHOW PROPOSALS 'DOUBLE'
By NEIL HARTNELL Tribune Business Editor Bahamian auto dealers are nervously waiting to see whether seemingly-heightened buyer interest at last weekend's Car Show will translate into increased sales, one yesterday saying it had seen a 100 per cent year-o
