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Families face $30 bill to bail out BPL

BAHAMAS Power and Light customers will see a $20 to $30 increase in their monthly electricity bills for 10 months starting in 2020, according to Minister of Works Desmond Bannister.

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Chisholm Jr named to All-Rookie Second team

Jasrado “Jazz” Chisholm Jr’s first full season in Major League Baseball earned a postseason accolade as he was recognised as one of the top rookies in the sport.

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What drives the price of bitcoin?

ActivTrades

Traders of bitcoin are used to sharp price action, such as the one experienced during the first weekend of December, when the digital currency lost around 20 percent of its value.

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Government to budget $20 million to market Baha Mar

THE Government has set aside $20 million from this year’s budget to market the $3.5 billion Baha Mar development as part of its agreement, Prime Minister Perry Christie said yesterday, raising the issue to highlight the financial challenges The Government faces in relation to providing subsidies and concessions for the Bahamian tourism sector.

Customs duties under 20% ‘not a far stretch’

Slashing Customs Duty rates below 20 per cent when Value Added Tax (VAT) is introduced is “not a far stretch”, a senior Ministry of Finance official said yesterday, adding that shifting the tax burden services should reduce the levy on imported goods.

BFSB summit focuses on tax, regulatory demands

The global focus on taxation, anti-money laundering and demands for greater transparency will be discussed at this week’s International Business & Finance Summit (IBFS).

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Shining Knights

THE Government Secondary Schools Sports Association’s (GSSSA) Senior Track and Field Championships concluded on Friday with the CR Walker Knights celebrating as the champions, regaining the title that they lost to the CV Bethel Stingrays for the past two years.

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NAUGHTY'S NFL PICKS: ‘With only a two-game lead, Mrs Dorsett can be caught’

I WENT 9-6 last week, could have been worse I suppose.

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Minister slams G-20's 'unprecedented assault' on financial industry

The Minister of Foreign Affairs has used a regional summit with the European Union (EU) to hit out at “the unprecedented assault” on the Bahamas’ financial services industry, arguing that the sector was subject to regulatory standards that matched those in developed countries.

'Minimum' 20% rise targeted for road, real property tax

The Government believes better administration will yield a “minimum” 20 per cent increase in real property tax and Road Traffic Department revenues, with its anti-tobacco smuggling measures already causing “greater compliance”.

Boldly going out to set records at Star Trackers

THERE were qualifying performances for the Carifta Games and a number of meet records set as the Star Trackers Track Club hosted their 27th Star Performers Track Classic on Saturday at the Thomas A Robinson Track and Field Stadium.

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‘Writing’s on the wall’ on income tax reform

The Bahamas must see “the writing on the wall” and get ahead of the worldwide 15 percent minimum corporate tax push by enacting reforms for its own benefit, a top banker said yesterday.

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‘JJ’ named Preseason All-American

George Washington Colonials women’s basketball senior Jonquel Jones has been named Preseason All-American by Sporting News last week. In addition, the Colonials were ranked in the preseason top 25 by several publications.

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Jonquel Jones and Sun host Dallas to open WNBA playoffs

DALLAS Wings (18-18, 8-10 Western Conference) at Connecticut Sun (25-11, 11-7 Eastern Conference)

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Mt Carmel senior boys rout Greenville 43-25

BAHAMAS SCHOLASTIC ATHLETIC ASSOCIATION

IT was an excellent start to the Bahamas Scholastic Athletic Association’s (Small Schools) 2022/2023 basketball season.

$250 fine for marijuana

A 31-year-old man who was found last week with over an ounce of marijuana was fined $250 yesterday.

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Ministry of Finance employee facing additional fraud related charges

A MINISTRY of Finance employee was arraigned on Friday for several additional fraud related charges stemming from previous allegations that he defrauded the ministry of over half a million dollars within a five-month period.

CAZOVA: Bahamas women cart off individual titles

FOR the second time in two straight games, the Bahamas met Barbados, this time losing the bronze medal as the CAZOVA (Caribbean Zonal Volleyball Association) Women’s Championship concluded at the Ismay van Wilgen Sport Hall in Paramaribo, Suriname, o

Bahamas pulls off Barbados victory

THE Bahamas men’s national volleyball team pulled off a big victory over Barbados on Sunday to get their play started in the Men’s CAZOVA (Caribbean Zonal Volleyball Association) Championships, but they won’t have much time to celebrate at the Ismay

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Star Trackers Classic has CARIFTA qualifiers

DESPITE the inclement weather, which forced officials to finish the meet ahead of time, at least a pair of CARIFTA Games qualifying standards were established in the same event at the Star Trackers Track Classic on Saturday.