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'Unconscionable' to implement VAT

The Free National Movement’s (FNM) deputy chairman believes it would be “unconscionable” for the Government to implement Value-Added Tax (VAT), suggesting that it could instead cut its fixed costs by around 10 per cent.

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Bahamian musicians bring Christmas fever

WITH THE Holidays right around the corner, the pine trees are now being lit, the streets are filled with green, red and white lights, and locals are feeling holly and jolly.

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'Strong Bahamian connection' for university basketball programme

The University of Houston’s Basketball programme will have a strong Bahamian connection this fall after the transfer of LJ Rose to the Cougars.

Deposit insurer facing upgrade

The Central Bank has moved to review the “legislative framework” for the Deposit Insurance Corporation, which saw its assets increase by $4.5 million to end 2013 at $32.1 million.

Red Stripe, Eudeva dominate regatta results

LUNDY Robinson, skipper of both the A Class Red Stripe and B Class Eudeva, dominated the 2013 National Family Island Regatta that was held last month in picturesque Elizabeth Harbour, George Town, Exuma.

Former Cabinet minister Warren Levarity dies, aged 82

PRIME Minister Perry Christie expressed sadness over the death of former cabinet minister and Grand Bahama MP Warren J Levarity who died Sunday after “a lengthy illness”.

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Customer loyalty needs more focus than adding sales

Customer loyalty is vital to the growth and longevity of any business. What is more, about 82 percent of companies agree it is cheaper to retain old customers than acquire new ones.

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‘Buddy’ scorching hot on his return to court

Chavano Rainer ‘Buddy’ Hield returned to the basketball court for competitive play for the first time since the COVID-19 pandemic sidelined the NBA.

Nesbitt, Coleby, Burrows take the spotlight

IT’s playoff season for several marquee Bahamian basketball players in their respective leagues across the globe.David Nesbitt and Kadeem Coleby are in the midst of their championship series, while Juraun “Kino” Burrows will begin his playoff run thi

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Giants stay undefeated, Bucket take upper hand in semis

THE Commonwealth Bank Giants stayed undefeated and the Aliv Bucket took the upper hand in their respective best-of-five semi-final playoff series as the New Providence Basketball Association played a double header on Monday night.In the men’s divisi

Sports notes

THE Double R Services Limited Cleaners had to hold off a strong attack by the College of the Bahamas Caribs for a 71-69 victory at the AF Adderley Gym Monday night as the New Providence Basketball Association continued its regular season.

$10M SOCIAL SECURITY REFORMS 'FIRST OF THEIR KIND' IN CARIBBEAN

By NEIL HARTNELL Tribune Business Editor The Bahamas' proposed $10 million social security reform initiative is a 'first-of-its-kind' in the Caribbean, as it will tie welfare payments to "improving human capital" through better educational achievement fo

NPBA: Heatwaves, Rockets, Shockers in the win column

THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.

Tourism staff rally round

MORE than 30,000 pounds of essential relief items were delivered to the islands affected by Hurricane Joaquin as part of the Tourism Sector Relief Effort led by the Ministry of Tourism.

Finishing touches on the Cat Island regatta in Montagu Bay this weekend

AFTER postponing the sailing competition because of the inclement weather in Cat Island earlier this month, Cat Island Sailing Club president Pat Strachan said they will now put the finishing touches on the 2014 Cat Island Regatta in Montagu Bay this weekend.

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Bahamas earns historic berth to quarter-finals of inaugural CONCACAF Girls Under-15 Championship

IN the inaugural Confederation of North, Central America and Caribbean Association Football (CONCACAF) Girls Under-15 Championship, the Bahamas has earned an historic berth to the quarterfinals.

To nationalise or re-nationlise

It concerns me seriously that journalists, who might not know better as I suspect, owing to their surname are not Bahamian, use the word “re-nationalise” in the context of the ongoing proposal arising from a pre-election promise, to the reality of face-to-face discussions between the Government and Cable & Wireless, whereas the intent is for the Government to re-establish that the majority of the equity shares will be held by the Treasurer of The Bahamas instead of the people.

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Atlantis see eight per cent Fall booking rise

SEVERAL major Nassau-based hotel properties are expecting a successful fall 2012 season, with an Atlantis executive telling Tribune Business its bookings for the season were expected to be 8 per cent ahead of 2011 numbers.

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Robot boost for Shipyard speed

ROBOTIC blasting is now being used at the Grand Bahama Shipyard to speed up work. Training began a few weeks ago, teaching Bahamians to drive the highly technical environmental robot used for hull stripping.

Bay Street 'assured' on new Junkanoo bleacher protocol

DOWNTOWN Nassau stakeholders have been “assured a new protocol” will be put in place for Junkanoo bleacher placement starting next year, Tribune Business was told yesterday.Ed Fields, the Downtown Nassau Partnership’s (DNP) managing director, also su