All results / Stories

Tease photo

VIDEO: Yacht captain rescued from sea

THE captain of a 95-foot yacht was rescued by a US Coast Guard aircrew after he reportedly fell overboard from his vessel 10 miles north east of Nassau on Wednesday evening.

Landfill operator eyes tight ‘break even’ goal

Renew Bahamas yesterday said it will have to export 10-12 containers of recycled materials daily from the New Providence landfill to “break even” and recoup its $8 million investment.

‘Great’ if quarterly VAT filers achieve 80-90% compliance

A top Ministry of Finance official believes the compliance rate for quarterly Value-Added Tax (VAT) filers will “not be as high” as that for larger companies, suggesting an 80-90 per cent level would be “great”.

BTC staff on ‘pins and needles’ over job cuts

BAHAMAS Communications and Public Officers Union (BCPOU) president Bernard Evans said yesterday that employees at the Bahamas Telecommunications Company (BTC) were on “pins and needles” over imminent redundancies, with a meeting expected with management early next week.

Long Island - residents’ point of view

We write in response to an article in The Tribune dated April 2, 2015, page 8A & 9A. Residents of Long Island were deeply troubled and saddened by the utter nonsense written by Mr Adrian Gibson, a non-resident of the beautiful Long Island.

Minority interest holds UK political power in the balance

The race is finally on. Following last week’s dissolution of Parliament by The Queen, official campaigning is under way in the lead-up to a General Election in Britain on May 7. Six hundred and fifty seats at Westminster will be contested and few would dare predict the outcome of what is likely to be an exceptionally close battle.

Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

Tourist shoppers: VAT refund to fall to 85%

Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.

Tease photo

TOUGH CALL: The Yellow Brick Road or the road to Hell?

LIKE others, I spend a lot of time grazing on social media these days. Although you have to wade through muddy water, it is one of the best ways to gauge the opinions of a wide cross-section of Bahamians.

Tease photo

Jones named honourable mention All-American

GEORGE Washington women’s basketball junior forward Jonquel Jones was named an honourable mention All-American by The Associated Press yesterday.

Stingers dethrone Giants, 95-94

KEMSEY Sylvetre may have saved his best game in the postseason for the last as he helped the PJ’s Stingers dethrone the defending champions Commonwealth Bank Giants.

Quarterly VAT filers: 75% compliance target

A Value-Added Tax (VAT) Task Force co-chair yesterday expressed hope that “at least 75 per cent” of quarterly filers would achieve first time compliance, as it targets “a level playing field” among all taxpayers.

Holy Week – Part V

THE last week of Lent and the week before Easter is the time in which the events in the last week of Jesus’ earthly ministry are remembered.

Tease photo

Minister: Sixfold rise in cases of incest last year

ALTHOUGH there was a reduction in the number of reported cases of child abuse in the country last year compared to 2013, the number of reported cases of incest increased six-fold in New Providence last year, according to data provided by Social Services Minister Melanie Griffin.

Port Lucaya owner eyes further $2m investment

Port Lucaya Marketplace’s new owner plans to invest “at least $2 million” over the next five years to transform the facility into an upscale shopping and entertainment centre, with seven prospective new tenants in the process of signing leases.

FINCO cuts staff by 1/3 in 2014

Finance Corporation of the Bahamas (FINCO) cut staffing levels by one-third in its 2014 financial year, taking the reduction in its workforce to 50 per cent over the past five years.

Tease photo

YOUNG MAN'S VIEW: Brave new world besmirched by BAMSI and BEC

WHILE this column will address the unravelling of the Bahamas Agriculture and Marine Science Institute (BAMSI), I must certainly look at the undoing of the Christie administration and the fact that countless projects and initiatives have bitten the dust or been the subject of derision, scandal and out-and-out ridicule.

Tease photo

Jailed for robbing man, 74, as he took out trash

A MAN was sentenced to ten years in jail yesterday for the gunpoint robbery of a 74-year-old man who was taking out his trash at night.

Tease photo

Giants sweep Cleaners

THE Commonwealth Bank Giants, featuring a couple of new players, are now into the New Providence Basketball Association’s John Archer divisional championship series, thanks to a two-game sweep over the Double R Services Limited Cleaners in their first round playoffs.

Tease photo

Antoan Richardson makes the Texas Rangers’ top 40

IT WAS a definite step in the right direction for Antoan Richardson as he attempts to stake his claim with the Texas Rangers organisation.