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50% fear or pay bribes for building and import permits
Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.
New Providence Public Primary Schools Sports Association volleyball playoffs begin today
THE stage is now set for the playoffs in the New Providence Public Primary Schools Sports Association’s 2024 Volleyball Tournament.
Man accused of unlawful entry into woman’s home granted $5,000 bail
A MAN was granted $5,000 bail yesterday after he was accused of invading a woman’s home at night last week.
Travel for the PM is crucial
With the traditional Easter Season upon us, as a professed Christian nation, I will be as neutral as possible. Many have asked why it is the Prime Minister and assorted delegations have been travelling the globe to meet with other Heads of State and governmental leaders. Some have even gone so far as to suggest that public funds are being wasted on such trips. I beg to differ.
We should be better than this
Many years ago when I was a student, I remember being very annoyed by a novel by Evelyn Waugh called “Black Mischief”. I was annoyed because I was of the opinion that the author used a fictional country to illustrate how he thought blacks misgoverned their countries.
Auto dealer eyes 15% cut back on ‘taper off’
A BAHAMIAN auto dealer yesterday said he plans to “cut back” on summer orders by 15 percent amid fears consumer demand will “taper off” despite a strong start to 2024.
‘Ship has sailed’ over Bahamas 15% revisit
THE Bahamian financial services industry’s call to “revisit” the 15 percent minimum global corporate tax is too late because “that ship that has sailed”, a prominent local banker warned yesterday.
‘Crack down on real’ maritime tax evaders
THE Government was yesterday urged to “crack down on the real tax evaders” in the maritime industry as opposed to continually hiking fees on the same compliant businesses that always pay.
Act amendment mandates boat insurance
AMENDMENTS to the Boat Registration Act that passed the House of Assembly yesterday mandates that boat owners have a comprehensive insurance policy and outlines inspection requirements and registration fees.
BTC sponsors World Relays
With the return of World Athletics’ prestigious World Relays to The Bahamas, the Bahamas Telecommunications Company (BTC) resumed its rightful position as the major sponsor.
Opposition urges air fees ‘legal challenge’
THE Opposition’s leader last night argued that the fees imposed by the air freight terminal’s new private operator should be “challenged legally” as he questioned the Prime Minister’s silence on the issue.
No ‘monopoly pricing’ through $25m air freight terminal deal
THE Government will not permit “monopoly pricing” by the private operator of Nassau’s air freight terminal, its top finance official asserted last night, as he pledged to make the deal a “win-win-win” for all.
URCA independence fear over director terminations
CABLE Bahamas is urging the Government to reform the law so as to preserve the Utilities Regulation and Competition Authority’s (URCA) independence and reduce its costs.
PM is well suited for finance role
IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.
Two men charged with armed robbery of a man in his home
TWO men were remanded in custody after they were accused of stealing $500 from a man during an armed home invasion in Fox Hill earlier this month.
Taureano: I’ll honour my late father’s wish - and hang up the gloves
ONE of the last words of advice professional boxer Taureano ‘Reno’ Johnson got from his father, Erwin Johnson, before he passed away yesterday was that “it’s time to hang up the gloves.”
Genesis triumph at BSAA annual meet
THE Bahamas Scholastic Athletic Association completed its annual track and field meet on Friday at the original Thomas A Robinson Track and Field Stadium with Genesis Academy emerging as this year’s champions.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Bahamas financial services: 'Revisit' 15% minimum tax
The Bahamian financial services industry is calling for the 15 percent minimum global corporate income tax to be "revisited" as it violates the sovereign right of nations to set their own tax systems and rates.
Over 100 Out Island firms aided by $30m BDB facility
The Bahamas Development Bank’s (BDBs) $30m loan facility is projected to benefit more than 100 Family Island businesses.
