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'Marijuana will boost economy': Commission report says drug has huge business potential

THE Bahamas National Commission on Marijuana has endorsed the economic potential of a cannabis industry in The Bahamas as robust.

Gov't targeting 75-90% VAT comply 'high range'

The Government is expecting to achieve Value-Added Tax (VAT) compliance rates in the 75-90 per cent “high range” enjoyed by other Caribbean nations, a senior Ministry of Finance official has revealed.

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BPL: 96% have power restored

BAHAMAS Power and Light has restored electricity to approximately 96 per cent of customers in New Providence and has substantially completed restoration efforts in North and Central Andros, BPL said yesterday.

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Commercial properties: 70% behind on taxes

Some 70 percent of commercial properties are in arrears on their real property tax payments, it was revealed yesterday, although a “high proportion” of Bahamian homeowners are compliant.

CAC Games: Defence key for men's national softball team

WITH a little more depth added to their pitching staff, manager Perry Seymour said if they can tighten up on their defence, the men’s national softball team should be able to perform very well at the Central American and Caribbean Games.Seymour, who

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Central Bank to ban 'anonymous' crypto assets

The Central Bank is proposing to ban its licensees from dealing with “anonymous” crypto currency assets, with 84 percent of local institutions saying they have no desire to enter this space.The regulator, unveiling a “discussion paper” on proposals f

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Six boxers ‘war ready’ for Olympic qualifiers

The Amateur Boxing Association of the Bahamas will be sending off a six-member team today to Buenos Aires, Argentina, to compete in the first round of the qualifications for the 2016 Olympic Games in Rio de Janeiro, Brazil.

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Opposition: ‘Adjust’ Budget as 91% of deficit room used

The Opposition’s finance spokesman last night warned the Government “must adjust” its Budget targets and figures despite year-over-year improvements in its October revenues and deficit.

Goodman’s Bay hostilities erupt on 14-storey project

Hostilities erupted between Goodman’s Bay neighbours over allegations voiced at a public hearing regarding the motives for opposing the Wynn Group’s 14-storey penthouse project.

Upcoming regattas get a boost

A pair of regattas received a boost to their fundraising and preparation efforts courtesy of the Ministry of Agriculture and Fisheries.

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VAT reassurance 'final impetus' for $100m expansion

PALM Cay’s chief executive yesterday said recent value-added tax (VAT) “assurances” by the Government had served as the “final impetus” to kick-start its latest $100m expansion.Rob Batchelor, Palm Cay’s chief executive, told Tribune Business that the

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Dynamic duo continue to shine for Defenders Elite

The Bahamian talented young duo of Deyton Albury and Garreth Edgecombe continue to shine for the Defenders Elite basketball team at the Amateur Athletic Union (AAU) Tournament in South Carolina.

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Wife of Philip Vasyli charged with his murder (with video)

THE 54-year-old wife of Australian podiatrist Phillip Vasyli appeared in Magistrates Court this morning to be arraigned in connection with her husband’s murder in Old Fort Bay.

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Sex attack on woman during blackout

A FORMER Parliamentarian was sexually assaulted and robbed early yesterday morning during an island-wide blackout, The Tribune has learned.

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Two charged with three counts of attempted murder

TWO men were remanded to prison on Friday after being arraigned on three counts of attempted murder in Magistrate’s Court.

Electioneering already . . .

Wow it seems pre-election campaigning has already started!

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Man remanded to prison in attempted murder case

A MAN was remanded to prison yesterday after he was arraigned on a charge of attempted murder in Magistrate’s Court.

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Island-wide manhunt after man found dead in car

POLICE have launched an island-wide manhunt for the persons involved in the shooting death of a man early yesterday morning.

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‘We want murder rate down to 85’

THE Minnis administration wants to reduce the number of murders to 85 by 2021 while reducing the average time it takes to get a business licence from 30 days to 24 hours.

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Legendary local guide 'Bonefish Foley' confirmed as an Anglican

MR. ISREAL "Bonefish Foley" Rolle, the legendary bonefish tour guide has received the sacrament of Holy Confirmation as administered by the Anglican Church. In a private ceremony witnessed by three of his closest associates.