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Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

Stopover tourists 40% below pre-COVID level

A Cabinet minister yesterday said that while monthly stopover tourist arrivals are steadily increasing their numbers are still less than 40 percent of pre-COVID-19 levels.

Gala awards ceremony honours exceptional sandals workers

SANDALS Royal Bahamian celebrated its exceptional colleagues Tuesday night in a gala awards ceremony that saw winners praised for their service by resort executives.

Jones named honourable mention All-American

GEORGE Washington women’s basketball junior forward Jonquel Jones was named an honourable mention All-American by The Associated Press yesterday.

REGULATORS TAKE 3-2 LEAD IN THE NPBA

THE Mr Ship It Freight Regulators took control of the NPBA Division I series with a dominant performance on Monday night and are now a game away from the 2017 title.

Bahamas urged: Target 80% in next aviation safety audit

The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”

Maintain strong bones with exercise

Osteoporosis can steal the strength from your bones, leaving you stooped-shouldered and prone to fractures. But you can do something with your muscles to help lower your risk of a break – exercise.

VAT 'recipe for disaster' with no Contractor Bill

A Bahamian contractor said yesterday that levying 7.5 per cent Value-Added Tax (VAT) on the sector without first passing the Contractors Bill would be a “recipe for disaster”, telling Tribune Business: “We are in no manner, shape or form prepared for this.”

That's a lame excuse, says union chief

BAHAMAS Union of Teachers president Belinda Wilson released a statement yesterday dismissing Education Director Marcellus Taylor’s “lame excuse” as to why 100 newly recruited teachers are still at home waiting to be employed and assigned to public sc

‘Up to 90%’ of BPL staff in Cat Island test positive

THE president of Bahamas Electrical Workers Union has confirmed that up to 90 percent of Bahamas Power and Light staff on Cat Island have tested positive for COVID-19.

Man arrested in connection with sexual assault of 82-year-old woman

POLICE arrested a 50-year-old man yesterday in connection with the sexual assault of an 82-year-old woman.

FIBA Women’s EuroBasket: Jones and her team eliminated

GRAND Bahamian Jonquel Jones had another terrific game, but it wasn’t enough as Bosnia and Herzegovina ended their run at the FIBA Women’s EuroBasket in the quarterfinals on Tuesday in Strasbourg, France.

Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

NCAA: Bahamian players take the spotlight

THE men’s NCAA basketball season continued this weekend and several Bahamian players continued to figure prominently in the gameplans for their respective division I universities.

Contaminated oil a new blow to Andros power

A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.

Students are warned about dangers of joining gangs

ASSISTANT Commissioner of Police Solomon Cash recently visited Jack Hayward High School where he spoke to 80 to 90 senior students about the dangers of gangs.

Bahamas earns a berth in 2024 Olympic Qualifying Tournament

ERIC Gordon came up big down the stretch as the Bahamas pulled off a hard fought 82-75 victory over Argentina to win the FIBA Americas Olympic Pre-Qualifying Tournament title yesterday to earn their berth in the 2024 Olympic Games Qualifying Tournament next year.

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