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‘We’re working with U.S. to track illegal firearms’
Prime Minister Philip “Brave” Davis said yesterday he is working with the United States on tracking firearms that enter into the country illegally but they still “need to do more”.
‘Fantastic’ food tariff cuts won’t fully offset inflation
The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.
March air arrivals near to 75% of pre-COVID
Tourist arrivals to The Bahamas increased almost ten-fold in March 2022 compared to the prior year aided by the continued easing of COVID-related border restrictions and a rebound in global travel, it was revealed yesterday.
Demeritte named men’s track and field coach of the year
An historic season for the Life University Track and Field programme yielded another accolade for head coach Dominic Demeritte.
THE KDK REPORT: This new horizon
WELL-KNOWN for its beautiful beaches and world-class museums, Niteroi is a city in the southeast region of Brazil, facing Rio de Janeiro and just across from Guanabara Bay. It is also the birthplace of one of my patients, who like so many others, has had to overcome more than her fair share of challenges.
All truss-ed out on Budget’s tax cuts
A Bahamian contractor yesterday warned that the Government’s decision to eliminate 20 percent duty on imported roof trusses will “put us out of business” in a segment that has kept his overall operation afloat.
Family Island companies struggle with price rises
Family Island businesses yesterday said they are struggling to contain prices as they grapple with soaring inflationary pressures impacting the entire world.
AML: 8,000 sign-up for shopper loyalty move
AML Foods says more than 8,000 consumers have already signed up for its latest loyalty initiative that has been launched to help Bahamians combat soaring inflation.
Top aviation body: Delay Customs regime to 2023
The world’s largest aviation association is urging The Bahamas to delay implementing a new border entry and exit regime for private pilots until early 2023 amid fears the process will be “very tedious, cumbersome and unintuitive”.
Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast
Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”
Gov’t to cut foreign debt portion in half
The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.
TEACHERS REJECT SALARY PROPOSALS: But union will hold off on industrial action for one week
BAHAMAS Union of Teachers president Belinda Wilson says the union will hold off on industrial action for one week, after revealing that members have twice rejected counter proposals from government as it relates to salaries for members.
Halkitis: Opposition ‘dead wrong’ on budget
SENATOR Michael Halkitis yesterday defended the prime minister’s budget presentation in face of the opposition’s criticisms as he rejected their claims that the budget failed to address inflationary costs.
Munnings advances to league final, Knowles returns after ruling
TRAVIS Munnings and his Portuguese club advanced to the league final while Zane Knowles and his Bulgarian club received a favourable ruling in arbitration to keep their playoff hopes alive.
Record-setting day in BLTA ‘Play Tennis Bahamas’ programme
THE Bahamas Lawn Tennis Association’s (BLTA) ‘Play Tennis Bahamas’ programme continues to bear fruit as the association welcomed approximately 80 kids on Saturday.
FRONT PORCH: The dangers and conceits of Christian nationalism
“GUN ownership is a more important right than voting. Voting is not really a human right at all but a privilege that should be reserved for those who are qualified to do it properly. It should be easier to buy a gun than vote.” – Christian right commentator Matt Walsh
‘About time’ high-end tax loopholes closed
Realtors yesterday said it was “about time” that the Government doubled the annual real property tax cap and sought to close “loopholes” that enable high-end condominiums in hotel rental pools to largely avoid tax.
‘Buy good real estate but a cheap vehicle’
Suggestions that today’s Budget will seek to “promote home ownership” and green energy yesterday generated calls for an attitude overhaul and a variety of tax reforms from participants in both sectors.
HUBERT EDWARDS: Today’s Budget for a better tomorrow
We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.
BISX-listed Fund eyes restart for dividends after 15-year gap
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
