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Rollins ‘would run against Loretta’
LONG Island MP Loretta Butler-Turner could face an independent challenge by Fort Charlotte MP Andre Rollins if voters on the island urge him to do so, the controversial politician said yesterday.
Lightbourn differences with Minnis ‘resolved’
ALTHOUGH he did not get a renomination for his seat, Montagu MP Richard Lightbourn - one of the “gang of six” - said his “differences” with Free National Movement Leader Dr Hubert Minnis have been resolved, telling persons yesterday to “go elsewhere” if they did not support the party’s leadership.
Outgoing High Commissioner looking forward to being involved in sports back home
By BRENT STUBBSSenior Sports Reporterbstubbs@tribunemedia.netLONDON: After spending the past four “wonderful” years of as the Bahamas High Commissioner to London, Ed Bethel said his only regret is that he will miss the 16th International Amateur Athl
The drug lord years in the Bahamas
A FLOUNDERING economy in the 1970s left the country desperate and encouraged some within the leadership of the governing PLP to to make the conscious decision to partner with drug lords, Majority Rule MP Ed Moxey told The Tribune.
Bahamas First in 18.5% motor claim increase
Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==
Bahamas braced for Joaquin
THE Bahamas is bracing for the impact of Hurricane Joaquin, which strengthened into a category three hurricane in the Atlantic last night and is predicted to drop 10 to 15 inches of rain over San Salvador and Rum Cay today, with up to five inches expected over the rest of the central Bahamas.
Sports Notes
THE Bahamas Junior Fed Cup team, coached by Bradley Bain, defeated El Salvador 3-0 yesterday in Santo Dominigo.
Banks to ‘double’ VAT recovery.... to just 10%
The Bahamian banking industry is hopeful it might be able to recover ‘double’ the amount of Value-Added Tax (VAT) inputs than previously thought, as one institution yesterday revealed its total tax burden will increase by $6-$7 million in two years.
‘It doesn’t jive’: Gov’t spending outpaces revenue
THE Government’s recurrent spending continued to grow at a faster rate than revenues during the 2014-2015 Budget year’s first half, with the Opposition yesterday arguing that the Prime Minister’s optimism “doesn’t jive” with the fiscal reality.
Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
Skills transfer woe still a ‘sad reality’
The Bahamas must change “the sad reality” that key skills and knowledge are not being passed on to local workers by expatriate work permit holders, a prominent contractor argued yesterday.
ONE ELEUTHERA FOUNDATION: Regenerative agriculture - it’s a win-win situation
IN our day and age, we look around the world and see so many environmental problems, many of which seem unsolvable. It is rare to find a solution as simple and as impactful as the practice of Regenerative Agriculture.
BISX Micro Listing Tier 'no brainer'
ESTABLISHING a micro listing facility for small and medium-sized Bahamian companies seeking up to $1 million in capital is among the "major things" the Bahamas International Securities Exchange's (BISX) chief executive is hoping to accomplish by June 2012, expressing hope the exchange could "partner" with the newly-elected PLP government on this and other initiatives.
Bahamas can be 'Atlantic air hub'
The Bahamas has the potential to become an "Atlantic transshipment hub" between Latin America and Europe, a senior KPMG executive believes, adding that this nation's "60 per cent GDP" tourism dependency meant it was bound to suffer more than other nations during the recession.
Activists fear ‘total decimation’ of PI site by Royal Caribbean
BAHAMIAN environmental activists yesterday reiterated fears that Royal Caribbean’s $100m beach club project will cause “total decimation” of western Paradise Island despite assurances to the contrary.
‘Banner-breaking’ 38% visitor rise in Eleuthera
Eleuthera has followed a “banner-breaking” December for stopover visitors with a 38 percent year-over-year increase in such arrivals for 2023’s first two months, it was revealed yesterday.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Bahamas requires $160-$180m swing to 'stabilise' debt
The Bahamas needs a $160-$180 million ‘positive swing’ on its primary Budget balance to “stabilise” the debt-to-GDP ratio, with an even “stronger adjustment” needed to slash the $7 billion-plus national debt.The Inter-American Development Bank’s (IDB
Developer’s fears on home construction ‘horror stories’
Construction materials shortages and COVID-19 will combine to create “horror stories” for Bahamians in the process of building their own homes, a prominent developer predicted yesterday.
Retailer's 'hard decision' to exit Mall at Marathon
A Bahamian retailer yesterday said high rental rates combined with the ongoing uncertainty over COVID-19 restrictions had given it no choice but to exit its space at the Mall at Marathon.
