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VAT rate hike slashed consumption by $2bn
Consumer spending shrank by $2bn in the year after the Minnis administration hiked the VAT rate to 12 percent, the Auditor General’s Office calculated in a newly-released report.
Minnis: Cruise giant’s PI lease is too long
Dr Hubert Minnis yesterday tacitly admitted that the effective 150-year Crown Land lease granted to Royal Caribbean on Paradise Island was too long as he sought to defend the deal.
MINNIS DEFENDS RCL’S LAND LEASE: Insists project brings jobs but agrees length of deal was not usual
FORMER Prime Minister Dr Hubert Minnis has defended the agreement his administration struck with Royal Caribbean for the lease of Crown land on Paradise Island.
CANADA ‘SHOT THE LIGHTS OUT THE GYM’: Senior men’s national basketball team winless in first window of FIBA World Cup 2023 Qualifiers
Another dominant performance from Canada left the Bahamas senior men’s national basketball team winless in the first window of the FIBA World Cup 2023 Qualifiers.
‘A real dampener’: Fear over new COVID strain
The emergence of a new COVID-19 strain threatens to put “a real dampener” on Bahamian tourism’s rebound and that of the wider economy in the Christmas run-up, it was feared yesterday.
Baha Mar judge seeks Bahamian judicial help
A New York judge has signed off on requests for Bahamian judicial help over the British Colonial Hilton’s sale and other issues relating to Sarkis Izmirlian’s $2.25bn fight with Baha Mar’s contractor.
Retailers detect Black Friday spend rebound
RETAILERS reported a “spending rebound” on Black Friday as shoppers queued from 5am to seek-out bargains leading into the Christmas holiday shopping season.
A chance to give thanks
A PRE-THANKSGIVING day event was held by Nassau Village MP Jamahl Strachan for members of the Bahamas Alliance for the Blind and Visually Impaired (BABVI).
Jonquel Jones posts 4th double double of season in FIBA EuroLeague
JONQUEL Jones posted her fourth double double of the season in her return to FIBA Women’s EuroLeague play.
Darville: We’re working on increasing manpower
HEALTH and Wellness Minister Dr Michael Darville says his ministry is working on plans to increase manpower in public health and improve infrastructure of medical facilities on the Family Islands.
‘Standard bearer’ bank put into administration
A Bahamian bank, whose new owners pledged it would be “a standard bearer” for the jurisdiction just eight months ago, has been placed under statutory administration by the Central Bank.
Vaccines while you shop at Super Value
Super Value’s principal yesterday said he will be “very disappointed if thousands” of shoppers fail to get COVID-vaccinated at two of his stores this weekend, adding: “We must get to 100 percent.”
Man admits having gun and drugs
A 21-year-old man who was caught with a quantity of ammunition and drugs must pay $3,200 to avoid spending nine months behind bars.
Minister’s plea to private businesses to hire govt job programme workers
STATE Public Service Minister Pia Glover-Rolle has urged private sector employers to consider engaging workers who are part of the government’s 52-week job programme.
Chanticleers open Baha Mar Hoops ‘Nassau Championship’ with victory
AHMARD Harvey had an opportunity to play an official game on Bahamian soil for the first time since his high school days but remains out of the rotation for the Coastal Carolina Chanticleers at this point in the season.
Burrows and Gibson post double doubles in head-to-head meeting
TWO teams headed in opposite directions - Shamar Burrows and the Dalhousie Tigers maintained their national ranking with a three-game winning streak while Qyemah Gibson and the St Mary’s Huskies lost their third game in a row.
PETER YOUNG: Hero or villain in the ending of apartheid?
EARLIER this month, the last President of South Africa under apartheid, F W de Klerk, recorded an extraordinary video which was apparently intended to establish his legacy. He had been suffering from cancer and died soon afterwards at the age of 85.
Resorts set for ‘over 90%’ Thanksgiving occupancies
Major Bahamian resorts are set to enjoy occupancies “in excess of 90 percent” over the Thanksgiving holiday, a top hotelier disclosed yesterday, adding: “We’re not looking back.”
Bad weather may ‘knock 10-15% off’ for marinas
The Association of Bahamas Marinas (ABM) president yesterday voiced fears that anticipated bad weather may “knock 10-15 percent off” visiting boater traffic this Thanksgiving holiday.
Unvaccinated still dominate numbers
NINETY-TWO percent of the people who died or were admitted to the Princess Margaret Hospital for COVID-19 in October were unvaccinated, according to the Public Hospitals Authority.
