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Despite no new taxes, several new and adjusted fees announced

ALTHOUGH no new taxes will be introduced in the upcoming fiscal year, the Davis administration tabled bills in the House of Assembly yesterday that would increase fees for some services.

Bahamians ‘on notice’ over credit delinquency

A Central Bank official has placed Bahamians "on notice" that they will no longer be able to "conceal" existing loan facilities or debt delinquencies when applying to lenders for new credit.

What happened in London won’t stay in London

IF readers permit, I would like to write a ‘part 2’ to my note on the coronation, offering reflections on the impact on the Coronation week, and its lasting impact for the UK and The Bahamas.

The Budget Communication – as it happened

Prime Minister Davis says the Budget aims to strengthen national security, economic security and the lives of people of The Bahamas. He says the global economy is showing signs of improvement although there is still much work to be done to recover from recent challenges. He adds that average consumer prices rose in the US by eight percent, while policy rate of interest has been raised ten times, driven primarily by rising inflation. He highlights the effects on The Bahamas in terms of higher borrowing costs.

FTX chief’s fate lies in Bahamas’ hands

THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.

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.

Cruise port's chair eyes 'missing 10%'

The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.

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.

Former Cabinet Minister George Smith dies

FORMER Cabinet Minister George Smith, a nation-builder who remained active in politics as a mentor and advisor years after leaving the frontline, died on Friday.

Union challenges and opportunities

There are several umbrella trade union groups operating in The Bahamas today whose individual union members represent workers across a range of industries.

Skyguard – Whit Monday weather

Monday, 29th May, 2023.

SKYGuard Weather e-Alert - T-Storms, Lightning and Rain

Sunday, 28th May, 2023.

Union officials to work with police on Labour Day parade safety

UNION officials are cooperating with the Royal Bahamas Police Force to ensure road safety for the upcoming Sir Randol Fawkes Labour Day parade.

Bahamas Striping working to improve Eleuthera and Long Island roads

BAHAMAS Striping Group of Companies (BSGC) general manager Melanie Roach said the company is working to improve roads on Eleuthera and Long Island.

Judge: 'Now clear' Baha Mar sabotaged by CCA

Sarkis Izmirlian yesterday secured a major legal victory after a New York judge ruled "it is now clear" that China Construction America (CCA) sabotaged Baha Mar's completion and orchestrated the developer's removal.

Trade Policy aims to break export barriers

A Cabinet minister yesterday asserted that the newly-launched National Trade Policy will play a key role in helping to diversify the Bahamian economy through the creative industries plus sectors such as agriculture and fisheries.

Ex-MP says: 'Gov't supporters trying to get hands on GBPA'

A former MP yesterday doubled down on concerns that "supporters of the governing party have been trying to get their hands on the Grand Bahama Port Authority" amid push back to calls for politics to be kept out of Freeport's future.

Corporate income tax is 'wrong way around'

The Opposition's finance spokesman yesterday argued that The Bahamas has corporate income tax "the wrong way around" because the proposed reform options are forecast to suck "more money" from the private sector via taxation.

Sears says newly launched Traffic Management Centre first phase to cost $1.8m

THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.

The Tribune

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