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HUBERT EDWARDS: Bahamas can’t afford for fiscal forecast miss
The Davis administration has delivered a Budget which, while leaving room for discussion and debate on many fronts, gives numbers which are very positive and welcoming news from a fiscal and debt management perspective. The projections suggest that The Bahamas is on the path to a turnaround in its fortunes, providing international and domestic investors with a level of certainty that would not have been anticipated two years ago. But every aspect of this turns on what the final outturn of the 2022-23 fiscal year will be.
WIN OR GO HOME: Flag football quarterfinals heat up
THE Bahamas Flag Football League (BFFL) playoffs got underway this past weekend at the Winton Rugby Field.
20% of Gov'ts fixed costs go to debt bill
One out of every $5 spent by the Government on its recurrent costs during the upcoming 2023-2024 fiscal year will go towards paying the $612.726m interest bill on its outstanding $11bn-plus national debt.
Pintard says PM misled on budget taxes claim
FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.
PM promises 50 metre pool for Grand Bahama
LOOK for the construction of a new 50-metre pool in Grand Bahama and the development of various facilities throughout the Family Islands during this fiscal year of the Progressive Liberal Party’s tenure in office.
Bahamas Bowl returns December 16
THE ninth edition of the 2023 HomeTown Lenders Bahamas Bowl will return to Bahamian soil on Saturday, December 16. The event is set to kick off at the Thomas A Robinson National Stadium at 11am to commence the start of the National Collegiate Athletic Association (NCAA) Football bowl season.
Ministry reveals revisions to High School Diploma
AFTER longstanding public outcry on the criteria of the Bahamas High School Diploma, the Ministry of Education announced on Friday several revisions that have been made.
'Throwing darts': PM pledges 'decisive action' on Freeport
The Prime Minister's decision to put the Grand Bahama Port Authority's (GBPA) owners on notice that he plans to take "decisive action" to halt Freeport's two-decade decline yesterday provoked mixed reactions from residents and politicians.
DEREK SMITH: How social responsibility is affecting financial institutions
In recent years, environmental, social and governance (ESG) factors have become increasingly important for financial institutions. The ESG approach goes beyond traditional financial metrics, instead focusing on sustainability, responsible investment and ethical practices. This article aims to explore two negative, and two positive, aspects of ESG and how it can impact financial institutions.
Boating industry watches for VAT yacht charter ease
A former Association of Bahamas Marinas (ABM) president says the industry is "eagerly" waiting to see if the VAT on yacht charters is adjusted in today's Budget as he blamed its imposition for a 20 percent gross revenue fall at his business.
Lawyer for police ‘looks to quash’ Azario ruling
NATIONAL Security Minister Wayne Munroe said yesterday that the lawyer of the police officers involved in the killing of Azario Major had asked the Supreme Court to quash the finding of a Coroner’s Court inquest.
Ras Delancy named Player of the Year
Ras Jesse Delancy, in completing his sophomore year at Benedict College, added another feather to his cap when he was selected last week as the 2023 Division II National Player of the Year.
FACE TO FACE: Sir Franklyn Wilson & Sean McWeeney discuss The Bahamas’ 50th Independence
IN the very room where young college and university students brought political leaders together to debate prior to Bahamian Independence, two of these former youth leaders sat on a stage more than 50 years later to talk about the ideals that led to the formation of a new Bahamas.
Sir Franklyn's developer in $7.5m battle with MIT chair
Sir Franklyn Wilson's Eleuthera Properties is locked in a legal battle with Massachusetts Institute of Technology's (MIT) chairman emeritus over the latter's bid to exit his $7.5m investment in the Bahamian developer.
Two dead in weekend of violence
TWO men were murdered in separate incidents over the weekend, bringing the country’s murder count to 47 for the year.
Gardiner wins in Morocco
Athletes shine in meets overseas
Steven Gardiner and Anthonique Strachan both showed that they are on track for the World Championships, while a couple of collegiate athletes, including Joel Forbes, Terrence Jones, Charisma Taylor and Denisha Cartwright, shined on the collegiate scene over the weekend.
Bahamas Lawn Tennis Association hosts 2-day umpire training course
THE Bahamas Lawn Tennis Association (BLTA) hosted a two-day umpire training course at the National Tennis Centre this past weekend.
Taxis back cruise port’s new system
The Nassau Cruise Port's (NCP) new taxi call-up system has been branded as “smooth”, with a union president voicing optimism that it will end hustling and 'hacking' for fares by drivers.
Gov't is 'upping efforts' on $461m tax arrears
A Cabinet minister yesterday asserted that the Government is "upping our efforts" to collect a combined $461m in outstanding real property taxes owed by delinquent foreigners and businesses.
BLTA returns to hosting international tourneys
THE Bahamas Lawn Tennis Association (BLTA) is pleased to announce its return to hosting international tournaments.