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Bank unable to recover 95% of VAT ‘inputs’
Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.
Tech issues stall new betting tax
Bahamian gamblers will enjoy a two-month reprieve from the budget’s twin five percent levies because they are “not as easy and straightforward” to implement as the government thought.
High Flyers soar to championship
The Breezes High Flyers had their best offensive output in the final game of the series to claim the New Providence Basketball Association Division II Championship.
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”.
Sports Notes
THE New Providence Basketball Association continued its regular season action on Monday night at the AF Adderley Gymnasium with the College of the Bahamas Caribs and the PJ Stingers winning the double header. While the Caribs stunned the Double R Services Cleaners 81-63, the Stingers out-scored the Island Game Pros 101-95.
VAT 'recipe for disaster' with no Contractor Bill
A Bahamian contractor said yesterday that levying 7.5 per cent Value-Added Tax (VAT) on the sector without first passing the Contractors Bill would be a “recipe for disaster”, telling Tribune Business: “We are in no manner, shape or form prepared for this.”
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
That's a lame excuse, says union chief
BAHAMAS Union of Teachers president Belinda Wilson released a statement yesterday dismissing Education Director Marcellus Taylor’s “lame excuse” as to why 100 newly recruited teachers are still at home waiting to be employed and assigned to public sc
THANKS A LOT: Dionisio’s frustration as Atlantis staff spring snap holiday walkout
AFTER disgruntled hotel workers picketed outside of the Atlantis resort over unresolved issues with their industrial agreement, Tourism Minister Dionisio D’Aguilar expressed his disappointment in the Bahamas Hotel Catering & Allied Workers Union.
Lady Truckers take the title
With another blowout victory, the Johnson’s Lady Truckers put the finishing touches on their fifth New Providence Women’s Basketball Association championship crown at the DW Davis Gymnasium last night.
New bionic penile implant surgery aims to help increase medical tourism in the Bahamas
This Saturday, December 7, not only marks the the first bionic penile implant surgery to be undertaken at Doctors Hospital, but also the commencement of a partnership between the Boston Scientific Company and Urology Care Bahamas. This partnership aims to offer world-class medical tourism at Doctors Hospital for bionic penile implants.
97 new cases of COVID-19
The Ministry of Health reported on Thursday that there were 97 new cases of COVID-19, one non-COVID-19 related death and 84 people confirmed as having recovered.
Bahamas All-Stars fall to the North Florida Ospreys, 102-84
The University of North Florida Ospreys got their trip to the Bahamas off on a positive note with a 102-84 win over
375 new cases confirmed
THE Ministry of Health recorded 375 new cases of COVID-19 over a three-day period last week, with cases falling to the double digits for two of those days for the first time this month.
DNA PREDICTS ATLANTIS JOB CUTS
By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net DNA leader Branville McCartney is predicting employees at Atlantis will be laid off within the next six months. Almost 8,000 Bahamians depend upon the resort and the One&Only Ocean Club for
Bad weather now blamed for blackouts
BAD weather conditions caused technical difficulties that took power out in several communities yesterday. The areas included Gamble Heights, Nassau Village, the Grove, South Beach Estates, Carmichael West, Ferguson Estates and Collins Avenue, accor
TRIBUNE POLL: Govt's response to December shootings 'poor'
Voters in The Tribune poll have slammed the government's response to the spate of shootings last month.