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Web shop pay cut threat over anti-VAT demo

Island Luck employees were seemingly threatened with the loss of a day’s pay if they did not attend yesterday’s anti-VAT and gaming tax protest in Rawson Square.

THEY RAN BREANNA DOWN LIKE ANIMALS: Sister tells court how gang stabbed teen over $80 cellphone

THE older sister of teenage mother Breanna Mackey tearfully recounted yesterday how five girls who were supposed to be her sister’s friends ran her down “like a dog” in the street and brutally mobbed her over an $80 smartphone last year.

Bahamas' corporate tax world's most 'corrosive'

The Bahamas yesterday received no credit for laws said to have raised compliance costs by 75-80 percent after its corporate tax policies were rated as the world’s most “corrosive”.

BISX: 50/50 buyer-seller ratio 'damn good market improvement'

The Bahamas International Securities Exchange’s (BISX) chief executive believes a “damn good improvement” is occurring in the stock market, with the buyers-to-sellers ratio now standing at 50/50 after deteriorating to 20/80 at the recession’s peak.

City Markets staff fight' must not happen again'

The City Markets debacle “must never, ever happen in this country again”, a representative for 350-400 of its former employees yesterday saying they would not accept “less than 80 per cent” of the severance pay due to them.

$80m energy project eyes 25% cost slash

An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.

'Exorbitant' Business Licences make one-time payments impossible

Super Value’s owner yesterday said it was impossible for the food retail industry to pay the new “exorbitantly high” Business Licence fees one-time, as he dismissed claims he was ‘bullying’ the Government over its Value-Added Tax (VAT) proposals.

Cable adviser scoldsmanagers on US$ miss

Cable Bahamas’s financial adviser yesterday expressed “disappointment” that institutional asset managers had failed to deliver on indications they would place between $10-$18 million US dollars into the company’s private placement, having invested a paltry $100,000 to-date.

CARIFTA: 80-member track and field team ratified

WHEN the 26 visiting countries, led by perennial champions Jamaica, come to town over the Easter holiday weekend for the 2018 Flow CARIFTA Games, they will find a 80-member Bahamian track and field team waiting for them at the Thomas A Robinson National Stadium.

Timeshare resort seeking a buyer

A Freeport timeshare resort that has lost 80 per cent of its business due to loss of amenities and access associated with the Royal Oasis saga is seeking a buyer, while committing to staying open through 2016.

Cable targets largest ‘new money’ raise

The $60 million Bahamian dollar component of Cable Bahamas’ latest preference share issue will be the largest ‘new money’ placement by a private company if fully subscribed, its financial advisor saying there had been “a very positive response” by investors.

PM urged to ‘exercise Christian charity’

FORMER Minister of Labour Dion Foulkes yesterday appealed to Prime Minister Perry Christie to ‘exercise Christian charity’ and reinstate the 80 Urban Renewal workers whose contracts were not renewed.

Let's talk about Arawak, why not Clifton?

Let's talk about Arawak, why not Clifton? "LET'S TALK about the new container port at Arawak Cay," was Opposition leader Perry Christie's invitation to his supporters at Clifford Park Friday night. In this column today, we shall take Mr Christie up on hi

Gov’t yet to decide over Abaco ports

A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.

Bahamas First: Top rating more vital ‘than ever’

Bahamas First said yesterday’s affirmation of its “excellent” financial strength by the top insurance rating agency was likely the most important ranking in its recent history, due to its $80 million Hurricane Matthew payout.

‘FOOD AID VITAL FOR SIX MORE MONTHS’: Network boss warns thousands still need help as cut-off nears

BAHAMAS Feeding Network Executive Director Phillip Smith said he hopes the government will invest another $26m in the National Food Distribution Task Force’s programme so that the initiative could be extended to the end of September.

Freeport economy

Perhaps in a move to get under the skin of the Free National Movement administration that sacked him from the Hotel Corporation in 2018, the outspoken Pineridge MP Frederick McAlpine tabled a private Bill for an Act to repeal the Ocean Industries Incorporated (Aragonite Mining Encouragement) 1971 in the House of Assembly in early December 2020.

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