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Reform pensions now - or elderly will be left with nothing
The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.
IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
Warning as container costs to double
Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.
Pamela Stuart dies, aged 91
MISS Pamela Stuart, 91, died at her Ridgeway, Eastern Road home just before midnight on Friday. Her funeral services will be announced later.
WNBA: Jones and Sun lose opener
GRAND Bahamian native Jonquel Jones and her Connecticut Sun suffered a heart-breaking loss to the New York Liberty as they opened their Women’s National Basketball Association 2022 season on Saturday.
Thomas a top reliever, Murray and Saunders produce at plate
TAHNAJ Thomas has excelled in his role as a reliever in AA baseball, while Warren Saunders and BJ Murray overcame slow starts to the season to produce recent productive streaks at the plate for their respective clubs.
Make the family great again
THE singing career of Grammy Award Winner Marvin Gaye, ended in tragedy on April 1st, 1983. He was shot to death by his own father. He and his father never got on. Gaye’s close friend David Ritz, wrote Gaye’s biography a year later, he called it “Divided Soul”.
EDITORIAL: Resisting temptation to break the law
THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.
Abuse not an excuse to alter Dorian tax breaks
Abaco’s Chamber of Commerce president yesterday urged the Government not to use abuse of Hurricane Dorian-related tax breaks as an excuse to narrow or prematurely end his island’s “special economic zone” status.
Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
$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.
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.
‘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.
Fredrick King Jr commits to Bluejays
Just over one month after he reopened his recruiting process, Fredrick King Jr committed to the Creighton Bluejays and will head to the Big East to begin his collegiate basketball career.
‘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.”
Disney triples construction workforce promise to 300
Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.
