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‘Don’t price ourselves out’ on corporate income tax
Bahamian realtors yesterday said data showing they enjoy near-40 percent gross profit margins is “skewed very far off” as they urged the Government “to be careful we don’t price ourselves out of the market” over corporate income tax.
‘Old infrastructure impacting efficiency of young Wartsila generators at BPL’
BAHAMAS Power and Light officials led reporters on a tour of the Clifton Pier power plant yesterday, showing how the young Wartsila engines are surrounded by old infrastructure, impacting the efficiency of the machines.
Man gets $7,500 bail accused of possession of loaded gun and ammunition in his car
A MAN was granted $7,500 bail after allegedly being found with a loaded firearm in his car last week.
Bahamas destroys Cuba by 41 points
The top ranked Bahamas men’s national basketball team, arguably one of the best teams ever selected, posted an impressive 41-point rout over Cuba to start the FIBA Pre-Olympic Qualifying Tournament in La Banda, Argentina.
Anaiah Rolle makes history in pole vault
WITH a strong background in gymnastics, Anaiah Rolle made a transition to track and field, becoming the first Bahamian female competitor to compete in an international pole vault event.
Tour operators enjoy 70% post-COVID visitor revival
Tour and excursion operators yesterday said business volumes have returned to 70 percent of pre-COVID levels amid a strong tourism rebound.
Clarence Avant, 'Black Godfather' of entertainment, father of former US Ambassador to the Bahamas Nicole Avant, dies
NEW YORK (AP) — Clarence Avant, the judicious manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the "Black Godfather" of music and beyond, has died. He was 92.
Dealer’s ‘art’ expansion as auto sales jump 60%
A Bahamian dealer yesterday revealed it will imminently launch its Automotive Art subsidiary in the belief operators cannot survive on vehicle sales alone despite an industry-wide 60 percent increase for the 2023 first-half.
‘Burden cannot be heavier with corporate income tax’
Corporate income tax must not impose a heavier tax burden on businesses than what already exists, private sector executives are warning, while urging that such proposed reform cannot be viewed in “isolation”.
Young Bahamian sailors shine in Canada
FIVE young Bahamian sailors competed in the ILCA 6 class at the Cork International and Olympic Regatta as part of the August Regatta Series in Kingston, Canada, August 8-11.
Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
Grand Cay Government Administrator’s Complex renamed in honour of Roosevelt 'Roosie' Curry
The Government Administrator’s Complex in Grand Cay was officially renamed in honour of the late Roosevelt “Roosie” Curry, a local government practitioner whose service and contributions propelled the island’s development.
Large quantity of marijuana seized in waters near Exuma
A JOINT operation between police and US Customs and Border Protection led to the seizure of a large quantity of marijuana in waters near Exuma on Friday.
Man jailed for shopbreaking, stealing
A MAN was sentenced to eight months in prison after he admitted to breaking into a restaurant and stealing over $2,000 worth of property earlier this year.
$1,500 in fines for possession of ammunition, drugs and breaching probation
A MAN was fined $1,500 after he admitted to having an unfired round of ammunition and drugs in his car in Sunshine Park last week while still on probation for a prior drug offence.
Eric Wiberg – Clifton Bay, Lyford Cay, B-26 All KIA
FOUR RAF pilots, from the UK, Canada, and South Africa, came within 100 feet of a smooth water landing yards off Lyford Cay one fall evening when things suddenly went horribly wrong.
Aliv defends service against complaints of fast data loss
ARE you losing data too quickly? The problem could be your phone’s Wi-Fi settings or usage habits, says Dwayne Davis, Chief Information Officer for the Cable Bahamas Group of Companies.
Zero first-half progress on $16.4m Water Corp debts
The Government was yesterday shown to have made zero progress during the 2023 first half in reducing the Water & Sewerage Corporation's $16.4m debt to its main BISX-listed reverse osmosis supplier.
