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New Budget outlay finances 350 jobs
A newly-introduced $5.8m Budget outlay is financing the temporary employment of 350 persons who have largely been jobless since Hurricane Dorian struck three-and-a-half years ago, it was asserted last night.
12,000 on food assistance to receive ten percent boost
SOCIAL Services Minister Obie Wilchcombe said the number of people receiving food assistance has grown by 1,000 since October, climbing to roughly 12,000 monthly, however those receiving help will get an increase of more than 10 percent beginning next week.
‘Abundance of caution’ in $232m loan clean-up
A Cabinet minister yesterday said the Central Bank Act is being “cleaned up out of an abundance of caution” to ensure the Government can lawfully borrow the $232.3m IMF special drawing rights (SDRs).
QC Class of 1985 remember Frankie Simmons
IN memory of their deceased classmate Frankie Simmons, the class of 1985 of Queen’s College made a cheque presentation to the Freedom Farm Green Parrots to assist in their travel to the Perfect Game Tournament in Sandford, Florida.
STATESIDE: Biden’s visit to front line shows his commitment to winning this war
TOMORROW marks the first anniversary of the Russian invasion of Ukraine. Commemorations have been extensive and substantial.
FRONT PORCH: Reading and research key to integrity in journalism
GOOD journalism and well-crafted commentary play a critical role in public policy and political debates. They enliven and enlighten national dialogue.
‘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.
Fidelity ready to ‘put money behind’ bad mortgage cure
Fidelity Bank (Bahamas) stands ready to "put money behind" a properly structured investment vehicle that could cure this nation's housing and distressed mortgage woes, its top executive said yesterday.
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.
Cotton Bay revival targeting $12m yearly wage, tax boost
REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.
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.
Alcohol, drugs and gambling
In Jesus put all your trust, all your belief, and all your heart.
Three granted $60k bail on cocaine charges
TWO men and a woman were granted $60,000 bail in court yesterday after being accused of smuggling $1,000,000 worth of cocaine into the country through Bimini last weekend.
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.
