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Bahamians sceptical on VAT revenue use
Many Bahamians are sceptical the Government will keep its promise to use Value-Added Tax (VAT) revenue to reduce the country’s deficit and $6 billion-plus national debt, according to a study conducted by College of The Bahamas (COB) students.
Gov’t confident over Carnival visitor rise
The Minister of Tourism was yesterday optmistic that the second Bahamas Junkanoo Carnival festival attracted more visitors than in 2015, and that it remained within budget.
New US Embassy ‘about 60 percent’ to completion
THE new United States Embassy compound on Shirley Street is about 60 percent complete, according to project director Stephen Ziegenfuss.
UPDATED: Officials project nearly 90 confirmed COVID-19 cases by Sunday
HEALTHCARE officials have projected that the country will have nearly 90 confirmed cases of COVID-19 by Sunday.
ONE ELEUTHERA: Meatless Mondays – reducing meat in your meal can impact climate change
I DON’T know about you, but it sure feels extra hot to me these days! As a farmer, I pay particular attention to the weather here in The Bahamas. While it does feel particularly hot here this summer, the statistics are now in and show that this is not just a local phenomenon.
City Markets staff allege 'conspiracy'
TEN Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave voluntarily, thereby relieving the supermarket chain of the need to pay them severance and pension benefits.
Man with unlicenced gun accused of threats
A MAN was remanded to the Bahamas Department of Correctional Services yesterday after admitting to having an unlicenced shotgun and ammunition.
Albury, Elisee advance in NJCAA tourney
A PAIR of Bahamians are through to the next round of the NJCAA Division I Men’s Basketball Tournament in Hutchinson, Kansas.
Four more COVID deaths confirmed
THE Bahamas recorded 60 new cases of COVID-19 and another four virus-related deaths on Wednesday, according to data released by the Ministry of Health yesterday.
Shamarr Burrows and Abel Joseph making a name for themselves
FIRST year players in their respective conferences in Canadian college basketball made their debuts recently for their programmes.
Sports in brief
Drexel Maycock picked up a bronze medal in the under-20 boys’ discus on the final day of competition at the 2014 CARIFTA Games in Martinique on Monday. However, his performance of 49.31 metres was not included in the report as his result was not posted up to press time.
PMH Critical Care Block 80% complete
THE $53 million Princess Margaret Hospital (PMH) Critical Care Block is roughly 80 per cent complete, Cavalier Construction’s managing director yesterday telling Tribune Business it was targeting an end-July competition.
25% of mortgage credit ‘past due’
Almost $1 out of every $4 mortgage dollars lent by Bahamian commercial banks was past due at end-October 2014, Tribune Business can reveal, as the Government moves to revive its “dead in the woods” relief plan.
AML 'stops counting' at 2,000 resumes for 90 jobs
AML Foods yesterday told Tribune Business it had “stopped counting” after receiving over 2,000 applications for the 90 jobs that will be created when its Solomon’s Fresh Market store at Harbour Bay opens before Christmas, the situation highlighting why proposed Employment Act reforms should be shelved.
Banks see $49.5mbad loans decline
By NEIL HARTNELL Tribune Business Editor Bahamian commercial banks experienced a collective $49.5 million or 4.1 per cent loan arrears reduction in February 2012, it was revealed last night, although it is probably too early to herald the start of a cred
Arawak Port repayment causes $41m loan fall
The Arawak Port Development Company’s (APD) repayment of its $43 million Royal Bank of Canada (RBC) bridging loan resulted in total bank commercial loans declining by $40.6 million in August.
Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
Downtown ‘catalyst’ beats goal by $11m
The Nassau Cruise Port’s overhaul is “already serving as a catalyst” for fresh investment in downtown, its top executive has asserted, after its recent bond refinancing was oversubscribed by almost $11m to hit $145m.
Condolences to family of Harold Munnings
ENGINEER and civil servant Harold Munnings passed away at his residence in Dannottage Estates on August 15. He was 90.
Corporal punishment
“Corporal punishment is not abuse”, says Bishop. The Tribune featured a story, “Corporal punishment is not abuse” says Bishop. Where is the Tribune trying to lead us? The newspaper presents some strong statistics, such as 90% of Bahamians identify as being Christians. From a social point of view, it seems we are truly failing as a nation.
