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Debt gobbles up 27% of Budget

MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.

Credit card capability boosts taxi firm 60%

MasterCard is looking to expand its electronic payment offering among Bahamian “non-traditional” merchants, staring with taxi drivers and straw market vendors, yesterday urging them to “get on board” with the technology or “get left behind”.

Gov’t in sovereign wealth fund plans

The Government’s draft oil exploration legislation contains provisions for the creation of a Bahamian sovereign wealth fund, which would receive all due multi-million dollar royalty payments on any ‘black gold’ under this nation’s water.

FNM demand for clarity on landfill contract

FNM Leader Dr Hubert Minnis yesterday demanded that the government fully disclose the details surrounding an agreement with Renew Bahamas, a company contracted to manage the city dump, saying the opposition “does not want any closed door bargaining”.

Shockers recover to defeat Regulators

EXCEPT for their sluggish start, coach James Price said he was pleased with the way his Real Deal Shockers played.

Cutting 1,000 companies to maximise VAT revenues

A top accountant yesterday backed the Government’s plans to slash mandatory Value-Added Tax (VAT) registrants by 1,000 firms, telling Tribune Business this would help to “maximize” revenues from the new tax.

Rattlers repeat as the Providence champions

CI Gibson Rattlers repeated as champions of the Providence Basketball Club’s 14th annual Christmas Classic.

Waltiea Rolle posting major numbers

WALTIEA Rolle is back on the pro circuit in Bulgaria and posting major numbers for her Haskovo 2012 club.

Nassau/PI resorts enjoy ‘best quarter’ for 7 years

The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.

Judo: World juniors set for Atlantis this month

IN approximately two weeks, the international judo community will descend on the Bahamas as the island nation hosts the sport’s elite talent from around the world.A total of 510 judokas, including 295 men and 215 women from five continents and 81 cou

Carnival chaos

In one of last week’s editions, Marie Thompson reminded us that once more the Carnival chaos is almost on us again, with no apparent organisation or planning, apart from the erection of the fences.

The costs of NHI

Retired Archbishop Drexel Gomez I suggest should speak to a few, note few, of his inner circle and associates and canvass them to see how many owe thousands in back real property taxes and utility bills before advocating further tax burdens.

BREAKING NEWS: Baha Mar given leave to appeal Bahamian bankruptcy ruling

A SUPREME Court judge has granted leave for Baha Mar to appeal his previous ruling not to recognise its ongoing Chapter 11 bankruptcy proceedings in the Bahamas.

The consequences of the referendum

To the enlightened and the educated who are overwhelmingly in the minority in The Bahamas the result of the referendum was a huge disappointment.

Backward attacks

In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.

Hurricane Ian could bring heavy rainfall

THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.

Clean-up held in Bimini

WATERKEEPERS Bahamas alongside 4Ocean hosted its second annual beach clean-up on Radio Beach, Bimini, where the event saw the removal of 1,500 pounds of garbage.

BPGA gears up for 50th National Pro Golf Championships

THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.

PM: Women not equal? ‘y’all ruling us, man'

PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.

Butterfield names top Bahamas executive

BUTTERFIELD Trust (Bahamas) has named Craig Barley as its managing director, with overall responsibility for the management and development of its business in this jurisdiction.Originally from the UK, Mr Barley was most recently chief executive of La

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