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$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
Tavario Miller and Zane Knowles in playoffs
Two Bahamian senior men’s national basketball team players got their postseasons off to successful starts.
Celebrating nurses after battling the pandemic
GRAND Bahama nurses were praised for their resilience and contributions to global health in the last three years during the official opening of Nurses Month in Freeport on Monday.
New NAD fees hailed as ‘lot less onerous’
The private aviation industry yesterday hailed the Nassau Development Company’s (NAD) alterations to the new fees imposed on it as “a lot less onerous” compared to what was originally proposed.
‘Entrenched reduction?’: Bad loans down $22m
The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.
Sands: Poor sacrificed ‘on tax efficiency altar’
The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.
Survival weekend returns for road parade
SURVIVAL Weekend is back and set for May 20-22, featuring a road parade and a mega concert with big names in Soca music, including Allison Hinds, Destra Garcia and Patrice Roberts.
Cases dating back to 2020 add nine more COVID deaths
COVID-19 deaths have risen by nine to 798 after a woman died of the disease in early April and health officials reclassified several other deaths that took place between August 2020 and June 2021.
Ayton and Suns host Dallas tonight to start second round
THE NBA careers of Deandre Ayton and Luka Doncic will always be connected due to the 2018 Draft and the pair will meet in the postseason for the first time when their second round series begins tonight.
Gas stations hope for industry ‘modernising’
Gas station dealers are hoping the Government will either agree to a margin increase or “modernising” the industry’s structure, with a solution agreed before the 2022-2023 Budget is unveiled in just over three weeks’ time.
DIANE PHILLIPS: What it takes to breathe new life into historic Nassau
PARTS of this column first appeared nearly five years ago. Sadly, it remains all too relevant. The Tribune has agreed to re-run it today at my request in light of the Davis administration’s commitment to rescuing and resuscitating the historic city of Nassau.
‘World’s in worst state that I have ever seen’
Super Value’s principal has voiced hope that “we can do better than” the World Bank’s dire prediction of high food prices lasting for three years, but conceded: “The world is in the worst state I’ve ever seen.”
‘Creatures of evolution’: Digital firm to top $130m
A Bahamian digital payments provider yesterday predicted it will this year “top” the $130m worth of transactions it settled in 2021, and said of this shift: “This is not going to be the norm; it is the norm.”
Traditional finance providers have ‘duty’ to embrace crypto
Deltec Bank & Trust’s chairman yesterday asserted that traditional financial services providers have a “duty” to help innovators in the digital assets and crypto currency space.
Suns finish off Pelicans in Game 6
NEW ORLEANS (AP) — Chris Paul has accomplished so many things in his 17 NBA seasons that it's nearly impossible to rank his Mount Rushmore moments.
Celebrating Earth Day at Botanical Gardens
THE Botanical Gardens proved the perfect space for students and their teachers to celebrate Earth Day.
Teenage thief ordered to pay back victim after car raid
A TEENAGER was yesterday ordered to compensate a woman whose car he broke into last month and stole over $1,000 worth of items.
$400,000 donated to encourage backyard farming
THE Agricultural Development Organisation and Solutions AE donated nearly $400,000 to churches to promote backyard farming yesterday.
‘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.
