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Fishing ‘distress’ over boat registration hike
Bahamian fishermen were yesterday said to be “distressed” over “ten-fold” rises in annual boat registration fees that are causing “a lot of panic” in the sector.
Bahamas ‘not tapped out’: FDI inflows at $1.3bn high
The Bahamas is “nowhere near to tapping out” its ability to attract greater foreign direct investment (FDI) flows, it was argued yesterday, after these increased by 6 percent to near-$1.3bn in 2022.
Lanisha Rolle’s bribery trial set for 2025
LANISHA Rolle’s bribery trial is set to start in September 2025, more than two years away.
North Andros residents in the dark after BPL fire
NORTH Andros residents scrambled to preserve their goods and cool their bodies after a fire destroyed all generator units at a Bahamas Power and Light station in North Andros yesterday.
Woman accused of stealing $17k from Island Luck granted bail
A WOMAN was granted bail after she was charged with stealing over $17,000 from an Island Luck store in Abaco earlier this year.
Man on bail for murder fined for failing to charge monitoring device
A MAN on bail for attempted murder was fined $2,500 for failing to charge his electronic monitoring device.
'Reticent' on oil explorer's carbon credits alternative
Environmental activists are urging the Government to "carefully scrutinise" any proposal by Challenger Energy Group to monetise its $150m investment in this nation via the creation of carbon credits.
Day 1 of Track & Field Nationals in the books
Bahamian pro athletes shine
Day one of the Bahamas Association of Athletic Associations (BAAA) Senior and Junior National Track & Field Championships got off to an exciting start at the original Thomas A Robinson stadium.
‘Nothing to lose’ on 5% corporate tax
A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”
Inland Revenue must be a ‘well oiled machine’ for corporate tax
The Department of Inland Revenue (DIR) must become “a well-oiled machine” that is far more responsive to taxpayer needs under a corporate income tax regime, a prominent accountant is urging.
Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
Man held on charge of arson
A MAN is behind bars after allegedly setting fire Sunday night to a home occupied by a mother and her child.
Ken Mullings secures silver in the decathlon
After completing two intense days of competition in 10 events, Ken Mullings clinched a silver medal in the men’s decathlon last night at the Central American and Caribbean Games in San Salvador, El Salvador.
Officials making ‘final preparations’ for Bahamas Golden Jubilee Games
WITH five days remaining until the country’s 50th year of Independence, and two days remaining until the official start of The Bahamas Golden Jubilee Games officials are making final preparations to ensure the public and athletes enjoy the celebratory sporting event.
FACE TO FACE: From Bermuda to The Bahamas, with love
“Forward, Upward, Onward,” said Foreign Affairs Minister Fred Mitchell at an event in Bermuda honouring Bahamian Independence over the weekend. When he said, “Together!” the entire crowd joined in with a jubilant spirit.
Briland hotelier’s ‘night and day’ $100k revenue jump
A HARBOUR Island hotelier yesterday revealed a “night and day” comparison to pre-COVID performance as revenues for May 2023 were some $100,000 up on the same month in 2019.
Stopover tourists strike 94% pre-COVID levels
TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.
Gas retailers ‘not gone to sleep’ on margin rise
BAHAMIAN petroleum retailers yesterday said they “haven’t gone to sleep” over their push for a margin increase but are willing to take a “sensible” phased-in approach that will not overly burden motorists and the wider economy.
He hugged his sister – hours later he was shot dead
HOURS before his body was found in bushes off Marshall Road, Garath Pyfrom, 29, hugged his sister, Monalisa Johnson, tighter than usual.
Bail granted for man accused of throwing loaded gun away
A MAN on crutches was granted $10,000 bail after he was accused of throwing a loaded gun away in a bag last week.
