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Governor: Profit repatriation tax would deter investment

The Central Bank's governor has warned against introducing a tax that solely targets profit repatriation on the grounds that it may deter foreign direct investment (FDI) into The Bahamas.

Bahamas failing to fully exploiting trade deals

The Prime Minister says Bahamian businesses are failing to properly exploit trade agreements that would give them preferential export access and potentially lower the cost of imports.

ERIC WIBERG: The Eleutheran Adventurers and William Sayle’s early days

THE story of the Eleutheran Adventurers is woven deeply into the fabric of national identity. The general themes are of escaping religious prosecution to take great risks by sailing to unknown shores – so far that is like the Puritan’s voyage in the Mayflower from England to New England’s Plymouth Rock.

Hotel deal: ‘11th hour impasse’ over minimum wage workers

HOTEL employers yesterday pledged that an “11th hour impasse” will “not derail” their bid to reach a new industrial deal amid accusations they are seeking to “discriminate” against minimum wage staff.

Eviction notices placed on 95 shanty structures in Abaco

EVICTION notices were posted on 95 structures in an unregulated community in Abaco on Wednesday as the government ramps up efforts to eliminate shanty towns on that island.

Minister of Sports Mario Bowleg impressed with baseball growth

LAST week was filled with celebrations as seven Bahamian baseball players signed professional contracts with five Major League Baseball (MLB) organisations during the 2024 MLB International Signing period to kickstart the next chapter of their baseball journeys.

NPBA Recap: CB Giants, Cyber Tech Blue Marlins remain undefeated

THE Commonwealth Bank Giants, the reigning division one champions, along with the Cyber Tech Blue Marlins reeled in emphatic victories against the Sunlight Cottage Stampers and Mekaddish Millionaires in Wednesday’s action for the New Providence Basketball Association (NPBA).

Man on trial for murders has bail revoked by judge after breaching conditions ten times

A SUPREME Court judge revoked the bail of a man who allegedly breached his bail more than 10 times ahead of his murder and attempted murder trial, which is set for next month.

Business Licences: Up to 20% facing extra scrutiny

UP to one in five Business Licence filings are facing extra scrutiny by the tax authorities, it was revealed yesterday, with construction, landscaping and “home based” auto dealers causing particular concern.

Unpaid property taxes hit $690m at mid-2021

UNPAID real property tax arrears totalled $690m at end-June 2021 despite exceeding target by 37 percent that fiscal year, the Government’s top financial watchdog revealed yesterday.

Albany chief faces ‘largest insider trading’ fine for decade at $50m

THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.

Grandmother says she is haunted by tragedy

THE grandmother of 16-year-old Davinique Gray, who was murdered in her Nassau Village home on January 6, is haunted by the tragedy and fears no one will be arrested for the killing.

Rising hoops star VJ named to McDonald’s All-American roster

Bimini native Valdez “VJ” Edgecombe can now add being named to the 2024 boys McDonald’s All-American roster to his already long list of impressive accolades.

Sonja Knowles Track Classic on Saturday

THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.

Rolle denies he strangled elderly American woman in Cat Island

RODRIGO Rolle denied strangling an elderly American woman during a 2017 home invasion in Cat Island as his murder trial resumed yesterday.

Man admits to four bail breaches, fined $2,000

A 20-year-old man was fined $2,000 after admitting to breaching his curfew while on release for a pending murder charge.

DEIDRE BASTIAN: How to boost online client engagement

Trying to capture new customers can sometimes become challenging, especially is you are using Facebook and other social media platforms as your tools. This has been an issue for a while, prompting companies to invent new strategies to keep their numbers up.

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