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Web shop tax hikes ‘in our best interests’

The web shop industry tax hikes are in “the best interests of the Bahamian people” due to the social costs the sector imposes, a Cabinet minister argued yesterday.

Small Business Agency in 20% operating expense cap

The proposed Small Business Development Agency (SMEDA) can only allocate 20 per cent of its funding to cover operational expenses, freeing “no less than $8 million” per year to assisting Bahamian entrepreneurs.

Eric Wiberg – PBM Mariner seaplane sinks near Royal Island

ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.

Water Corp needs 'topup' to $20m subsidies

By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene

AG to web shops: ‘Time to pay up’

The Attorney General yesterday warned the web shop industry it was “time for lawful taxes to be collected”, and said of the Government’s stance: “We’re ready to go to war.”

Burrows with history makers

Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Basketball Byers closed their season with a history-making milestone.

We owe Dr Sands a huge debt of thanks

Regardless of the COVID-19 related quagmire that led to his resignation, the former Minister of Health Dr. Duane Sands deserves our appreciation for his historic, frank and passionate plea to make the nation’s wellness a serious and singularly important goal.

Bahamas Showcase: Catamounts get 66-64 win over Norsemen

THE University of Vermont Catamounts made history, becoming the champions of the initial Bahamas Showcase with a 66-64 victory over the Northern Kentucky Norsemen.Most valuable player Trae Bell-Haynes, who finished with 19 points, canned the game-win

Strong Bahamian presence at the AUS Championship

THE Atlantic University Sport conference championships will have a strong Bahamian presence after three teams clinched spots in the playoffs or top seeding over the weekend. The AUS Championship will be hosted February 28 to March 1 at the Scotiaban

Time to go?

The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.

Third party politics: Changing of the guard at the Palace of Westminster

The Conservatives have new energy and impetus but are unsure how to respond to the UKIP threat while Labour’s weak, left-leaning leader is an electoral liability. As the starting gun fires on the race to next year’s General Election in Britain Peter Young forsees the end of voting on traditional two-party lines amid the political uncertainties.

National Hall of Fame Induction set for National Sports Heritage Week Ceremony set to be held at Government House

By BRENT STUBBS

STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.

Failed broker paid 'excessive' cash to related parties

A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme

Consecutive wins for Deandre Ayton and Suns

WITH a roster in a state of flux and their top scorers back from injuries, Deandre Ayton and the Phoenix Suns scored consecutive wins for the first time this season.

Lourawls Nairn heads to Michigan

LOURAWLS Nairn will be taking his talents to East Lansing, Michigan, in the fall of 2014 after he verbally committed to the Michigan State Spartans yesterday.

Pension providers enjoy ‘significant’ 100% inquiry rise

Pension plan administrators yesterday said they had seen a 100 per cent increase in employer inquiries over the past 12 months, describing the surge as “significant” given existing low participation levels.

Sports Notes

SKIPPERS from the Star Sailors League Final are expected to be in action today as they compete on local C Class sailing sloops in Montagu Bay. The international sailors will get a chance to be matched with the local sailors in an event that will be filmed by an international crew during the Star Sailing competition Wednesday to Saturday in Montagu Bay.

MARATHON BAHAMAS: The thrill of victory (with photo gallery)

Despite the interruption of the rain, a pair of Americans - Jonathan Volpi and Amos Desjardins - emerged as the overall male champions of the 7th annual Sunshine Insurance Marathon Bahamas full marathon and half marathon at Arawak Cay yesterday. The women champions were Frenchwoman Marina Peron and Bahamian Vanessa Forbes.

Marathon Bahamas winners in the spotlight