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Super Value chief fearing $12m VAT, licence cost rises
Super Value is bracing for a $1 million per month cost increase from Value-Added Tax (VAT) and other fees, its owner warning that the Government’s fiscal reform plans will “wipe out the food retail industry”.
Ayton leads Suns with 18 in loss to Clippers
LOS ANGELES (AP) — Paul George scored 27 points and the Los Angeles Clippers pulled away in a dominant third quarter, beating newly returned Chris Paul and the Phoenix Suns 106-92 last night in Game 3 of the Western Conference finals.
$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
Minister: $200m spend rise not what it seems
A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.
NPBA action continues at the AF Adderley gym on Wednesday night
THE New Providence Basketball Association closed out play at the CI Gibson Gymnasium over the weekend and will resume competition at the AF Adderley Gymnasium on Wednesday.
Only 46% leave high school with a diploma
ONLY 46 percent of students who leave high school qualify for a diploma, Education Minister Jeff Lloyd revealed yesterday during his budget contribution in the House of Assembly.
Education reform first step in ‘skills gap’ fight
CURRICULUM reform in the school system should be the first step in tackling this nation’s ‘skills gap’, a veteran educator arguing that the education system must shift to a model that requires all students to meet a certain standard before they can obtain a high school diploma.
Water polo medal haul: Making a splash at Carifta
TEAM Bahamas continues to establish its position as a regional powerhouse in CARIFTA water polo and captured three medals at the event for the second consecutive year.
Report urges oversight controls
THE independent report commissioned into the Urban Renewal Small Home Repairs programme called for the government to immediately establish a litany of controls to increase oversight of the project’s operational management and payment system.
S&P questions Gov’t over US $300m bond
The Government’s decision to go to the international capital markets for a US$300 million bond yesterday appeared to be questioned by a Wall Street credit rating agency, which said there was “significant appetite” for its debt in the Bahamas.
Tyler Pinder commits to Redlands Community College Cougars
JUNIOR national basketball team standout Tyler Pinder will begin his athletic and academic collegiate career with the Redlands Community College Cougars.
Chamber endorses CEO over 10-year securities barring
The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc
BISX adds seven more fund listings
The Bahamas International Securities Exchange (BISX) yesterday said it has added seven new listings to its investment funds roster.
Resorts enjoy record winter tourism period
HOTELS throughout The Bahamas yesterday said they are enjoying a record-breaking 2023 to-date with high occupancy levels recorded over the Easter period.
‘Very credible’ Freeport city manager emerges
A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.
Men’s national basketball team players take spotlight
POSTSEASON basketball continues for several Bahamian senior men’s national team players in their respective leagues throughout Europe and South America.
Atlantis eyes 100k extra room nights in Marriott tie-up
Atlantis is hoping its 10-year franchise deal with Marriott International will generate an extra 50,000-100,000 room nights per year, its top executive describing the agreement as “the most significant tourism stimulus for the Bahamas this decade”.
Hospital nears end of phase one
PHASE one of the urgent and emergency care project is nearing completion at Princess Margaret Hospital.
‘Final’ delivery date for new post office
TRANSPORT and Local Government Minister Renward Wells announced a “final” timeline of the third week in May for the General Post Office’s official move from East Hill Street to Town Centre Mall.
Bahamians take NCAA Division I basketball spotlight
A MATCHUP between a pair of Bahamians in a double overtime thriller highlighted the weekend of play in NCAA Division I basketball.
