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'Jail time' urged to crack down on $20m poaching
Fishermen yesterday described this week’s capture of a Dominican fishing vessel and its crew as “just the tip of the iceberg”, estimating that a “conservative” $20 million worth of fish was stolen annually from Bahamian waters.
Victims urged to come identify rescued dogs
THE Bahamas Humane Society currently has about 90 dogs that are Hurricane Dorian victims and the shelter is calling on affected pet owners to identify their animals. The BHS airlifted more than 200 dogs out of its shelter in New Providence to facilit
BTC: No contract worker termination over COVID policy
The Bahamas Telecommunications Company’s (BTC) chief executive has denied that any contract workers have been terminated with “over 90 percent” complying with its COVID policies.
‘No doubt’ about retail sales drop
Bahamian retailers yesterday said there was “no doubt” that 2015 sales volumes have dropped due to a combination of Value-Added Tax (VAT), Baha Mar delay and high energy costs, with one major company revealing its growth rate had dropped by 14 percentage points.
North Andros demands ‘answers’ over BPL woe
North Andros residents and business owners yesterday protested over their energy woes and the frequent power outages suffered since a fire destroyed Bahamas Power and Light’s (BPL) power plant last month.
Doctors to drop NHI pay moan ‘within three years’
A Canadian healthcare expert yesterday predicted that Bahamian doctors will drop their opposition to National Health Insurance’s (NHI) preferred payment mechanism “within three years”.
UPDATED: Former Cabinet Minister Theresa Moxey-Ingraham dies age 67
FORMER Cabinet Minister Theresa Moxey-Ingraham died Tuesday morning at her home, according to a statement from the Free National Movement (FNM).
'Informal economy': 75% of SMES at disadvantage
Some 75 percent of small Bahamian businesses face a persistent competitive disadvantage because they are up against rivals in an "informal economy" that generates up to 30 percent of Bahamian GDP.
Call for modern voting, counting systems to 'safeguard democratic history'
THE Commonwealth Observer Group on Friday called for the establishment of an independent election management body with modern voting and counting systems to "safeguard" the country's "democratic history".
Francis: Govt must follow through on S&P optimism
A FORMER Central Bank governor has welcomed the “optimistic” outlook from Standard & Poor’s prediction for the country’s post-Dorian rebound, but added the timing and quality of the government’s response will determine long-term impact.
Fidelity targets $25m full-year profitability
A BISX-listed bank yesterday said it is on target to beat 2018’s earnings growth and deliver $25m in full-year profits despite the absence of first quarter loan book expansion.
Gov'ts July 1 VAT goal 'just not on'
A senior Grand Bahama Chamber of Commerce executive has warned that the target Value-Added Tax (VAT) implementation deadline is “just not on”, while its introduction will increase employment in a”fragile economy”.
VAT oversight costs 'nowhere' near $67.5m
A top Ministry of Finance official yesterday said the Government’s costs to administer the proposed Value-Added Tax (VAT) would be “nowhere close” to the $67.5 million projected by a Nassau Institute study.
Bulk property tax discount 'win-win'
The Government can "get an immediate cash injection" worth potentially hundreds of millions by implementing a series of discounts for bulk real property tax payments, a prominent realtor said yesterday.
Day 3: Family Island teams make debut
Day three of Hugh Campbell Basketball Classic traditionally signals the debut of Family Island schools in the national tournament, and several programmes got off to impressive starts in their respective runs at the 2013 title.
TOUGH CALL: A comprehensive Environmental Management Act
IN AN obvious attempt to soothe public anger over the Rubis fuel leak disaster in Marathon, Environment Minister Ken Dorsett recently unveiled draft legislation “for the establishment of the Department of Environmental Planning and Protection”, saying the law would be brought to Parliament in October.
Dominos targets 20% online sales in 2016
AML Foods plans to complete the ‘remodel’ of its Dominos franchise locations within the next year, company executives said yesterday, telling Tribune Business they are aiming to generate 20 per cent of total sales via the Internet by end-2016.
20% pt truck tax slash a 'tremendous blessing'
A Bahamian auto dealer yesterday described plans to lower Excise Tax rates by 20 percentage points on certain trucks as “a tremendous blessing”, telling Tribune Business his sales in this category had fallen by 75 per cent since the 2010-2011 Budget.
Regulators v Cybots, High Flyers v Truckers in NPBA showdowns
THE much anticipated final matchups are all set and a thrilling series of semi-final deciding games have set the stage for the championships in the New Providence Basketball Association.
2015/2016 BUDGET: Deficit slashed by two thirds
In his 2015/2016 Budget communication on Wednesday, Prime Minister Perry Christie told the House of Assembly that the Bahamas' budget deficit has been slashed by nearly two thirds.
