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‘Come clean’: $232m loan made lawful retroactively
The Opposition yesterday demanded the Government “come clean” over its $232.3m IMF special drawing rights (SDRs) borrowing after reforms were tabled in Parliament to retroactively make the transaction lawful.
NPPPSSA members take advantage of two-day NPVA volleyball seminar
TO ensure that they are abreast of all of the rule changes before they start their volleyball competition, the New Providence Public Primary Schools Sports Association is engaging its members in a two-day seminar with the New Providence Volleyball Association.
PM meet’s ‘way to defuse’ VAT health claims dispute
The Prime Minister’s Business Round Table with senior corporate executives may have created a pathway for “defusing” the row over the VAT treatment of health insurance claims, one attendee said last night.
Certainty and issue of immigration
I have often spoken about the concept of “certainty” and why it is important to the success of any endeavour.
Tour de Turquoise raises a record $165,000 for Exuma
FOR donors who wonder where exactly their dollars go and who they help, in Exuma they only have to look as far as the school bus that proudly bears the name LN Coakley High.
INSIGHT: Wait and see if CARICOM was a success
SO CARICOM came, and CARICOM went – and while there may have been some bumps at the outset, now that it’s all done, what was achieved?
EDITORIAL: A hard line on migration from govt
PRIME Minister Philip “Brave” Davis set a hard line in his national address on the issue of migration.
Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
‘Buddy’ Hield misses out on his second 3-point title
CHAVANO ‘Buddy’ Hield has hit some big three-pointers during his eight years in the National Basketball Association. In fact, the Grand Bahamian now owns the Indiana Pacers’ single-season franchise record, surpassing legendary Reggie Miller.
Businessman George Myers dies age 83
BUSINESSMAN, restauranter, and tourism mogul George Myers died peacefully at his home on Thursday at the age of 83.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
FRONT PORCH: Constitution matters and questions
“IT IS something which is very healthy and something which is very much in keeping with the democratic spirit of the country to periodically examine the Constitution and make changes which are likely to be to the benefit of the country over the long term.” – Sean McWeeney, chair, 2013 Constitutional Commission.
Digital payments ‘not as robust’ despite 30% rise
The Bahamian use of digital payments is “not as robust as we’d like to see” yet, one provider asserted yesterday, even though the volume of transactions it processed increased by 30 percent in 2022.
Bahamas ‘big part of the FTX puzzle’
FTX’s Bahamian operation was yesterday branded “a big piece of the puzzle that needs to get resolved” as its provisional liquidators successfully obtained US legal recognition for their ongoing investigations.
Man sentenced for two years for theft of $80
A MAN was sentenced to two years in prison yesterday after he admitted to stealing cash in a housebreaking in Andros late last year.
John Kerry: US ‘delegation here to listen’
UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.
PETER YOUNG: Horror of a lethal earthquake
WITH video coverage of natural disasters and war zones beamed instantly around the world these days, people have become almost accustomed to witnessing human suffering from afar. But the images and stories of the scale of destruction and horror this past week following Monday’s severe earthquake in southern Turkey and northern Syria have been hard to take in.
WORLD VIEW: Haiti at the tipping point of becoming fully hostage to criminals
HAITI continues to occupy the concerns of nations around the world, especially its closest neighbouring states.
Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
Bran: 'Can't water out of stone' over health VAT
A former Democratic National Alliance (DNA) leader is blasting the Government's "misguided decision" to change the VAT treatment of health insurance claims payouts, arguing: "You can't get water out of a stone."