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VAT covering 99% of economy despite $50,000 exemption

THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.

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PM seeks to turn junkanoo into money earner for practitioners

JUNKANOO could bring a financial boost to Grand Bahama, said Prime Minister Perry Christie.

Impressive showing for team Bahamas so far at CAGC

IT HAS been an impressive showing thus far for The Bahamas Golf Federation’s team at the Caribbean Amateur Golf Championships in Montego Bay, Jamaica.

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Kai Jones and no.8 Texas top no.3 KU 84-59

NCAA Division I basketball opened conference play for most programmes and several Bahamian student athletes were back on the court with standout performances, highlighted by Kai Jones and an historic win for his Texas Longhorns.

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Woman’s death brings murder count to 91

POLICE are investigating two separate incidents that left a woman dead and one man in the hospital yesterday morning.

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Miller and Aggies get 84-73 win over Cleare and Longhorns, into Battle 4 Atlantis semis

SHAQUILLE Cleare had the better individual performance, but it was Tavario Miller and the No.25 ranked Texas A&M Aggies who came away with the win to advance to the Battle 4 Atlantis semi-final.

Wilson, Burrows help Tigers claim their fifth AUS title

JORDAN Wilson and Shamar Burrows helped the Dalhousie Tigers claim their fifth AUS Conference title in the last six years and earned a spot in the U Sports National Championship.In a weekend filled with Bahamian talent on the floor for three differen

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Man faces court over death of 11 Haitians in boat sinking

AN Abaco man who allegedly owned a boat used in a human-smuggling operation that ended up with 11 of its 28 passengers dead was brought to court yesterday. However, 43-year-old Alphonso "Carpo" Ed

sports inbrief

BASKETBALL GSSSA FINALS THE Government Secondary Schools Sports Association (GSSSA) best-of-three championship series is slated to begin at the Kendal Isaacs gym on Thursday. In the junior girls division at 4pm, the H O Nash Lions are scheduled to take on

sports inbrief

BASKETBALL GENEVA RUTHERFORD GIRLS' TOURNEY RESULTS from day one of the HOYTES 2012 Geneva Rutherford Girls National Basketball Classics in Grand Bahama are as follows: Jr Girls: Temple Christian def. Catholic High 30-23. Sr Girls: Tabernacle def. Centr

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Committee set up to advise on university president search

THE board of trustees of University of The Bahamas has appointed a Presidential Search Committee to establish the process by which the new institution’s president will be selected and hired.

Junkanoo icon Anthony ‘Stick-A-Tone’ Johnson dies

THE sporting fraternity of softball and baseball as well as the junkanoo world is mourning the loss of Anthony ‘Stick-A-Tone’ Johnson. Johnson passed away last week. He joined the Saxons in 1967 and brought with him a group of men from Market Street called ‘The Lollipop Boys,’ who included Jay Fox, Katanga Johnson, Kenny ‘Mary’ Fox and KC Campbell.

Downtown derelicts

For over ten years many of us have been staring at the decaying structures blighting eastern Bay Street, and agitating for their reconstruction, replacement, or demolition. Never seeing any action, our eyes now just glaze over as they scan the continuing dilapidation in the Zombie Zone.

Forum discusses amendments to insolvency regime

The Restructuring and Insolvency Specialists Association (RISA Bahamas) has held its first roundtable discussion on proposed reforms to The Bahamas’ insolvency framework.

MAYNARD: ROAD TO BE RENAMED FREEDOM FARM WAY

DURING the opening of the Freedom Farm Baseball League on Saturday, Minister of Youth, Sports and Culture, Charles Maynard confirmed that the road from Yamacraw Road leading to the field will be renamed Freedom Farm Way. Mr Maynard, however, did not discl

Work on London residence to cost Bahamas $247,000

PRIME Minister Perry Christie said the structural work on the Bahamas High Commissioner’s residence in London – which he claimed had been delayed for more than four years by the former government – will cost around $247,000 (£159,000).

Baha Mar parties in ‘good faith talks’

A Cabinet Minister yesterday confirmed that the parties to the $3.5 billion Baha Mar dispute “appear to be negotiating in good faith”.

NPBA FINALS: Series tied 1-1

THE Commonwealth Bank Giants’ bid at a perfect season was ruined on Friday night after their Your Essential Giants’ division II team also suffered a defeat in the New Providence Basketball Association’s best-of-seven championship series.

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Activists 'misled' by minister on oil drill

Environmental activists yesterday alleged the delayed legal challenge to oil exploration in Bahamian waters resulted after they were lulled into a false sense of security by a Cabinet minister.

Proceeds of drug trafficking

The Tribune headline on the September 16, 2013; “US Loses $14m drug case ruling” has prompted me to write yet again about our failure to enforce the provisions of chapter 86 of the statute laws of The Bahamas.