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WTO to impact 20% of economy
THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ
Bahamas Union of Teachers at the Ministry of Labour for conciliation talks
Conciliation talks started this morning.
Power back on in more than half of homes
BAHAMAS Power and Light Ltd (BPL) has restored electricity to just over 50 per cent of its customers in New Providence and has “substantially completed restoration” in the Family Islands, however officials said last night that given the level of damage from Hurricane Matthew they are unable to give an exact date for full restoration.
PETER YOUNG: From the summit of success to now being shown the door - it’s all over for Boris
“ALL political careers end in failure”. Those were the memorable words of Enoch Powell, who was a leading right-wing Tory, and some say a contrarian and a maverick politician, of the 1960s and beyond. It is a fair bet that some of the older generation in Britain will have recalled this famous dictum when watching Prime Minister Boris Johnson’s resignation statement outside No 10 Downing Street last Thursday as he stood down from what he called “the best job in the world”.
Radio stations fear closures under URCA changes
THE Utilities Regulation and Competition Authority (URCA) has come under fire for its plans to “standardise” FM radio broadcasting, with industry insiders accusing the regulator of making the sector “pay” for the organisation’s “mismanagement”.
CI Gibson Rattlers in the win column
While his CI Gibson Rattlers senior girls had to dig down deep to hold onto a three-point win over the RM Bailey Pacers, coach Kevin ‘KJ’ Johnson had his Rattlers’ senior boys clinching on all cylinders from start to finish in their 30-point rout over the CR Walker Knights.
Cybots knock off Rebels 84-73, Rockets rout Stingers 87-74
THE Mail Boat Cybots and Pyramid Food Rockets pulled off victories in the New Providence Basketball Association’s double header at the AF Adderley Gymnasium on Saturday night.
Over 1,000 firms escape mandatory VAT registration
The Government yesterday estimated it would lose over 1,000 mandatory Value-Added Tax (VAT) payers in increasing the registration threshold to $100,000, but would still “capture” almost 98 per cent of economic activity.
Sports in brief
SOFTBALL
Trump greets supporters following new details of his illness
BETHESDA, Md. (AP) — Infected and contagious, President Donald Trump briefly ventured out in a motorcade on Sunday to salute cheering supporters, a move that disregarded precautions meant to contain the deadly virus that has forced his hospitalization and killed more than 209,000 Americans.
EDITORIAL: The long battle to defeat HIV/AIDS
THE end of the AIDS epidemic is in sight?
25,000 still without measles vaccination
AS many as 25,000 people have no vaccination coverage for the highly infectious measles disease, Health Minister Dr Duane Sands said yesterday.The public’s vaccination rate remains at about 89 to 90 percent, but it could be better, the minister told
Special honour for 'Sea Wolf'
At 95 years of age, Sir Durward “Sea Wolf” Knowles has received just about every accolade that he can get.
Realtor: '25% or fewer listings' impede MLS as activity gauge
A BAHAMIAN realtor yesterday said the industry's Multiple Listing System (MLS) was not the best indicator of market activity because it only featured "25 per cent or lower" of properties available for sale, telling Tribune Business it would take 10 years for it to list all available real estate.
‘Baha Mar should rethink removing contractor’
BAHA Mar developer Sarkis Izmirlian should rethink his proposed plan to remove China Construction America (CCA) as the general contractor for the mega resort, a prominent analyst has suggested.
Port authority accused of doing nothing on pollution
THE Grand Bahama Port Authority is being accused of “doing nothing” to address industrial pollution concerns on Grand Bahama despite its establishment of an Environmental Unit 10 years ago.
Cable restored almost 100% on New Providence
Cable Bahamas yesterday said it had restored services to almost 100 per cent of its customers on New Providence, Eleuthera, Andros and Bimini by Tuesday afternoon.
PI residents face losing condo over alleged $22m fraud
Two Paradise Island residents accused of committing a $22 million fraud may lose their multi-million dollar Ocean Club condominium home after the Court of Appeal ruled in favour of the receiver for their alleged scheme.
Venture fund sees loan repayments drop 16%
The Government-sponsored venture capital fund has seen loan repayment sums fall by up to 16 percent due to the COVID-19 pandemic's devastating impact on clients who received debt financing.
Cruise visitors bring $45M to Grand Bahama
FREEPORT – An estimated $45.8 million was spent by cruise visitors in Grand Bahama in 2011, according to a cruise visitor report released this July by the Ministry of Tourism’s Research and Statistics Department.
