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Boating industry watches for VAT yacht charter ease
A former Association of Bahamas Marinas (ABM) president says the industry is "eagerly" waiting to see if the VAT on yacht charters is adjusted in today's Budget as he blamed its imposition for a 20 percent gross revenue fall at his business.
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.
Lawyer for police ‘looks to quash’ Azario ruling
NATIONAL Security Minister Wayne Munroe said yesterday that the lawyer of the police officers involved in the killing of Azario Major had asked the Supreme Court to quash the finding of a Coroner’s Court inquest.
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.
National amateur golfers in win column
AFTER three days of competition at the Ocean Club, Albany and Lyford Cay, the Bahamas Golf Federation concluded its national amateur golf championships over the weekend.
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.
Two dead in weekend of violence
TWO men were murdered in separate incidents over the weekend, bringing the country’s murder count to 47 for the year.
GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins
Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.
Gardiner wins in Morocco
Athletes shine in meets overseas
Steven Gardiner and Anthonique Strachan both showed that they are on track for the World Championships, while a couple of collegiate athletes, including Joel Forbes, Terrence Jones, Charisma Taylor and Denisha Cartwright, shined on the collegiate scene over the weekend.
Bahamas Lawn Tennis Association hosts 2-day umpire training course
THE Bahamas Lawn Tennis Association (BLTA) hosted a two-day umpire training course at the National Tennis Centre this past weekend.
Taxis back cruise port’s new system
The Nassau Cruise Port's (NCP) new taxi call-up system has been branded as “smooth”, with a union president voicing optimism that it will end hustling and 'hacking' for fares by drivers.
Gov't is 'upping efforts' on $461m tax arrears
A Cabinet minister yesterday asserted that the Government is "upping our efforts" to collect a combined $461m in outstanding real property taxes owed by delinquent foreigners and businesses.
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.
BLTA returns to hosting international tourneys
THE Bahamas Lawn Tennis Association (BLTA) is pleased to announce its return to hosting international tournaments.
Bahamas Roadmasters’ Midnight Madness fun un/walk Labour Day
THE Bahamas Roadmasters long-distance running club is set to host their eighth edition of the Midnight Madness Fun Run/Walk on Labour Day at Arawak Cay.
STATESIDE: Could Republican’s Tim Scott be the party’s next Ronald Reagan?
THE Democratic party in the US has in recent years become the subject of much criticism for presuming the perpetual support of black communities. To many observers in America, the Democrats have overlooked changes in the African-American demographic that could presage some surprising electoral results down the road.
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.
PM highlights incentives for corporate tax
PRIME Minister Phillip “Brave” Davis highlighted incentives for The Bahamas to introduce a corporate income tax yesterday, noting that multinational companies could face a “top-up tax” in their base country if The Bahamas does not conform with the global minimum tax push.
BBF announces coaching committee, application process
THE Bahamas Basketball Federation (BBF) announced their coaching selection committee during yesterday’s press conference at the Thomas A Robinson National Stadium.
