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VAT rate rise 'criminal' if no compliance

A former Bahamas Chamber of Commerce president yesterday it was “criminal” for the Government to already be talking about increasing the 7.5 per cent Value-Added Tax (VAT) rate prior to getting the existing tax system’s compliance levels to 80 per cent.

Top pro basketball players begin seasons on high note

SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.

Tyler Pinder commits to Redlands Community College Cougars

JUNIOR national basketball team standout Tyler Pinder will begin his athletic and academic collegiate career with the Redlands Community College Cougars.

Kai Jones assigned to NBA’s G-League

KAI Jones and his fellow 2021 NBA Draft Class of the Charlotte Hornets were all assigned to the NBA G League after playing sparingly through the first 13 games of the NBA season.

Buddy returns, helps Kings get win over Lakers

AFTER suffering a sprained ankle last week that looked worse than it turned out to be, Buddy Hield returned to the court for the Sacramento Kings and his team also returned to the win column.

Bahamas oil well creditors accept 84% debt hair-cut

Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.

Pro basketball player Dwight Coleby off to impressive start

DWIGHT Coleby is off to an impressive start with his new club - Heroes de Falcon - in the Venezuelan SuperLiga. The veteran frontcourt player is averaging 9.4 points and a team high 7.8 rebounds per game. He also leads the team in blocks at 1.6 per game, while shooting 53 percent from the field in 25 minutes per game.

Jones and sun open playoffs tonight

Jonquel Jones and the Connecticut Sun will open the WNBA Playoffs and their prospective title run tonight.

Formal economy 'overpaying' its share of taxes

Poor compliance, caused by corruption, limited accountability and a lack of enforcement, has resulted in the Bahamian formal economy paying a disproportionate share of this nation’s taxes.

The runaway bride . . .

CALIFORNIA bride-to-be, Sheri Smith will tie the knot in Inagua on January 16, two days before she will tie her laces and run in Marathon Bahamas.

GB Power: Base raten rise offset by efficiency gains

GB Power: Base raten rise offset by efficiency gains Grand Bahama Power Company (GBPC) says the $0.03 base rate increase set to be imposed on consumers under its new tariff structure will be offset by fuel savings resulting from efficiencies generated by

Tap into your future

Tap into your future By ALESHA CADET Tribune Features Reporter BAHAMIAN Entertainer Tracey Ann Perpall (TAP) is hosting a four hour seminar to encourage young women to discover their self-worth. The sketch comedy artist said the overall goal of Thursday

Non-profit reveals 36% fall in distributed meals

The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.

Davis defends $14m spending on clinic contracts

“The 80 people in Rum Cay, 72 in Ragged Island or the 700 in Berry Islands all have the same rights as those in New Providence. They are all citizens. None has priority over the other,” Mr Davis said.

Eleuthera ‘jewel’ for sale at $15m

A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.

Prison outbreak would be disaster

When the Bahamas Department of Correctional Services was relocated at Fox Hill in 1952, it was built to house a total of 334 inmates, with the main facility having a capacity of 224; a first offender’s facility being able to accommodate 80 inmates and a female’s facility, 30 inmates.

GB POWER PLANT 'OVER 60% DONE'

By NEIL HARTNELL Tribune Business Editor Grand Bahama Power Company yesterday said its new generation plant is "more than 60 per cent complete" after a $40 million investment to-date, as the BISX-listed company that holds 50 per cent of its equity unveil

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