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Firms do not possess ‘unlimited money tree’

THE Chamber of Commerce’s chairman yesterday said the Government seems to feel firms have access to an “unlimited money tree” with the private sector often falling victim to “suppressive” policies.

GBPA president says the port is not for sale

GRAND Bahama Port Authority president Ian Rolle said yesterday that the port is not for sale.

Tax environment ‘worrisome’ for Bahamas-keen investors

A SENIOR accountant yesterday suggested The Bahamas should "pause" to assess whether its tax structure and mooted reforms are making the jurisdiction sufficiently attractive to investors.

A helping hand as business teams with Urban Renewal

A BREAKFAST initiative was held yesterday by the Lakay Lounge in conjunction with the Nassau Village Urban Renewal Centre.

Witness faints in court after Adrian Gibson trial testimony

A WITNESS in Adrian Gibson’s criminal trial fainted in court after testifying yesterday, prompting court employees to call the ambulance.

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.

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).

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.

‘Moral imperative’ to boost financial watchdog’s staff

THE Government’s top financial watchdog has warned that “insufficient” staffing and resources are undermining its ability to protect Bahamians and hold successive administrations to account.

Bahamasair plane forced to return due to engine defect

A BAHAMASAIR plane leaving Crooked Island yesterday was forced to immediately return after an incident occurred due to an engine defect shortly after take off.

Teen pump attendant shot in face at gas station has fractured skull

THE teenager shot in the face at a gas station on Tuesday night was disoriented but talkative after the attack, which has left him with a fractured skull and caused sales at the station to plummet.

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.

EDITORIAL: Be grateful for international support, but mind the red tape

THERE is a saying – often said to be an African proverb but whose exact origin is unclear – that comes to mind after today’s story in The Tribune about support being pledged by the United Kingdom in case of future hurricanes.

RBDF Commodore pleased with how many women moved up in rank at recent promotions

SOME 400 people were promoted in the Royal Bahamas Defence Force earlier this month, and Commodore Raymond King is especially pleased with how many women are moving up the ranks.

PM: Break your bail and your bail is gone

Prime Minister Philip "Brave" Davis today tabled several amendments to the Bail Act intended to send strong message to bail offenders: “Break the law on bail, and your bail is gone”.

‘Absolute frenzy’ on VAT over tax portal struggles

BUSINESSES endured “an absolute frenzy” to meet Monday’s VAT payment deadline due to continued “growing pains” with the Department of Inland Revenue’s tax portal, it was revealed yesterday.

Controversial $1.3m propane plant agrees approval ‘quash'

A BID to develop a $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway was yesterday withdrawn before residents could seek to overturn the initial planning approvals it obtained.

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