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Island Luck chief: ‘I was misled’ on web shop taxes

ISLAND Luck’s principal is alleging that the Government “misled” him over planned web shop tax increases, adding: “My legitimate expectation in a proper consultation was dashed.”

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

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Govt says: We’ve accepted 80-90% of non-profit needs

The Government believes it has “accommodated 80-90 percent” of non-profit concerns over plans to regulate the sector, although it remains on a collision course with the church.

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.

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Buddy: ‘We didn’t match their physicality’

NATIONAL Basketball Association player Chavano “Buddy” Hield said he couldn’t ask for more support than they got from the Bahamian public for the men’s national team matchup against the Dominican Republic.

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Insurers: Dorian losses increase to $1.5bn-$2bn

Estimates for Hurricane Dorian’s total insured losses were yesterday said to have increased to between $1.5bn to $2bn as the entire Bahamian industry was removed from international “review”. Anton Saunders, RoyalStar Assurance’s managing director, t

Web shops: Tax rises attempt to seize industry

The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter

‘Hope and pray’: Food, energy cost hike may last three years

Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.

Govt in ‘back handed’ Hawksbill change move

A prominent QC yesterday agreed that the Government’s call for Freeport businesses to seek renewal of their tax breaks was a “back handed” attempt to amend the Hawksbill Creek Agreement, with the move representing “the worst formula for business”.

1,100 job loss ‘trade off’ for $100m taxes

Freeport’s economy could lose up to 1,100 jobs if the Government were to ‘trade off’ employment for $80-$100 million in extra revenue generated by allowing the city’s key tax breaks to expire.

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System likely to become tropical depression or storm

On Thursday, The Bahamas Department of Meteorology released the following statement on a weather system near the southeastern Gulf of Mexico:

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Two more COVID deaths confirmed

THE Ministry of Health has recorded two more COVID-19 deaths.

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PM at launch of new church fellowship

PRIME Minister Perry Christie and members of his Cabinet turned out for the launch of the Global United Fellowship of Churches, which is being headed by Bishop Neil Ellis.

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Major power failure across New Providence

THOUSANDS of Bahamas Electricity Corporation customers were again without electricity yesterday after “generator challenges” at the Blue Hills Power Station interrupted the supply to more than 50 per cent of New Providence.

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Kings' moves indicate uncertainty over buddy's role going forward

THE Sacramento Kings front office continues to make transactions that indicate uncertainty about Buddy Hield’s role with the organisation moving forward.The Kings signed restricted free agent guard Zach LaVine to a four-year $78 million offer sheet,

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Worst case would be 400 infected: Sands predicts scenario if virus breaks out here

HEALTH Minister Dr Duane Sands predicted a possible worst-case scenario of 400 confirmed cases of the novel coronavirus in The Bahamas, but stressed if the disease spreads here most people will not need hospital admission.

Carnival’s private island plan to up arrivals 48%

The $80m expansion of a cruise line’s private island will create 200 construction jobs, and an extra 80 full-time posts, through growing annual visitor arrivals by 48 percent compared to pre-COVID volumes.