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FNM: ‘Why BPL $184m debt not paid down by fuel hikes?’
The FNM’s finance chief yesterday said he is in the dark over why the proceeds from hiking Bahamas Power & Light’s (BPL) fuel charge by up to 163 percent have seemingly not been used to cut its $184m debt.
Hotel chief ‘comfortable’ targets hit despite crime alert warnings
The Bahamas Out Island Promotion Board’s president says he “feels comfortable” that his hotel will grow and meet its 2024 financial targets despite the crime alert fall-out impacting the industry.
Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
Veteran carpenter loses his $137,280 CGT claim
A carpenter has lost his $137,280 wrongful and unfair dismissal claim against a major Bahamian contractor for whom he worked at regular intervals over 32-and-a-half year period.
‘Under siege’: Taxis see 50% income fall on crime fall-out
Bahamian taxi drivers are blaming the crime alert fall-out “for at least” a 50 percent earnings decline, with their union president yesterday blasting: “A few criminals have the country under siege.”
‘Govt to bring downtown rodent issue under control’
RODENTS have infested downtown for years, but Senator Randy Rolle, a Ministry of Tourism, Investments and Aviation consultant, said a “multi–faceted” extermination approach would keep the pests away.
Bannister gives testimony on WSC contracts
FORMER Works Minister Desmond Bannister claimed in court yesterday that he never approved contracts to paint water tanks and buildings belonging to the Water and Sewerage Corporation (WSC) when he was in office.
Police reveal link over murders of two women
BEFORE she was released from prison, the 39-year-old woman killed on Ragged Island Street on January 31 sent threatening messages to a woman who was killed on South Street and Hospital Lane on January 21, Police Commissioner Clayton Fernander said yesterday.
Vendors secure for further Junkanoo Beach upgrades
A government senator yesterday pledged that no existing vendors will be displaced when the project to revive and upgrade Junkanoo Beach begins in the 2024 first quarter.
Timberwolves top Rattlers 63-55
THERE were some thrilling outcomes yesterday as the CH Reeves Raptors junior girls, DW Davis Royals junior boys, CV Bethel Stingrays and Anatol Rogers Timberwolves senior boys all prevailed in game one of the Government Secondary Schools Sports Association basketball championships.
Contest for young poets
YOUNG writers can participate in the 2024 Caribbean World Poetry Day Competition for 2024.
Cruise port principal demands $2m back
A PRINCIPAL behind the Long Island cruise port project is demanding that a Bahamian law firm refund him $2m sent for a separate investment deal in the Exumas that “never took place”.
Minnis blasts over-the-hill tax free zones ‘nonsense’
DR HUBERT Minnis last night branded assertions by government officials that “nobody is losing anything” from the extinction of Over-the- Hill ‘tax free’ zones as “the biggest nonsense I have ever heard”.
Waste, ‘political attitudes’, bar IMF’s hospital user fee plans
AN ex-health minister says “wastage”, combined with zero political appetite, means the IMF’s call for the imposition of hospital user fees on those “with greatest capacity to pay” is likely a non-starter.
Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
‘Just have to trust’ gov’t over deficit
BAHAMIANS “just have to trust” the Government’s assertion that the public finances are still on track to meet their full-year targets despite the early outturn, a governance reformer says.
BTC to give 300 consumers one month’s credit on outage
The Bahamas Telecommunications Company (BTC) will give the 300 customers impacted by an eastern New Providence network outage a credit equal to one month’s service fee.
‘Passing mark’ could spark Bahamas’ blacklist escape
A CABINET minister has signalled The Bahamas could escape the European Union’s (EU) tax blacklist within weeks after it received a “passing mark” over a key issue that prevented its removal in late 2023.
Personal income tax not on gov’t ‘agenda’
A CABINET minister has affirmed that the introduction of a personal income tax is “not on our agenda” - not even for the top 10 percent of earners as recommended by the International Monetary Fund (IMF).
Tax reporting woes ‘behind us in a week’
A CABINET minister has pledged that the woes with the Government’s online tax reporting portal “should be behind us in the next week” with “some stark improvements” already occurring.
