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Environmental activist 'exceedingly happy' over action against oil spill company
A LOCAL environmental activist is “exceedingly happy” that action is being taken against the company responsible for last summer’s Exuma oil spill, adding it has been long overdue.
Anger over new business licence requirements for renewals
SOME small business owners expressed frustration over the new requirements affecting business licence renewals, describing them as “short notice”, “offensive”, “insensitive” and “cruel”.
Insurers dismiss VAT Act ‘misinterpretation’
BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.
PM aims for budget surplus by fiscal year 2024/25
WHILE tabling the 2022 Fiscal Strategy Report (FSR) in Parliament yesterday, Prime Minister Phillip Davis said his administration’s plan to restore the country’s fiscal health is working and already “bearing fruit.”
UPDATED: BPL’s hedge mishandling to cost Bahamians $150m
Bahamians have been burdened with a $150m bill due to the mishandling of Bahamas Power & Light’s (BPL) fuel hedging strategy, it was revealed yesterday.
‘No new tax measures’ for $4bn revenue goal
The Government’s top finance official yesterday reiterated his optimism that “no new tax measures” will be required to grow its revenues by some 43 percent to over $4bn during the next four years.
Ed Armbrister Baseball League officially open
PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL
AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.
Pintard slams ‘nonsensical’ fiscal strategy report delay
THE Opposition’s leader yesterday blasted the “nonsensical explanation” given by the Prime Minister for why the Government was two-and-a-half months late in releasing its key fiscal strategy document.
National debt forecast to peak at $11.462bn
THE Government yesterday forecast that the national debt will peak at $11.462bn in the next fiscal year with its ratio as a percentage of economic output declining steadily to 67.1 percent by 2026-2027.
Coalition of Independents holds protest over illegal immigration
MEMBERS of the Coalition of Independents protested outside the House of Assembly Wednesday over what they deem an immigration crisis, narrowing in on Haitian nationals.
Girl sexually assaulted by home intruder
A GIRL was sexually assaulted by an intruder who unlawfully entered a residence in the Freeport area early this week, police reported.
DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
Bahamian liquidators say ‘no’ to DOJ FTX examiner
FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.
‘Hoops for Homes’ champions emerge
BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.
Police: Reported financial crimes strike five-year low
TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.
Radio station blames COVID for closure
A BAHAMIAN radio station yesterday confirmed it will close today after COVID-19’s financial fall-out for advertisers eroded its main income source.
Two suspects shot by police after man killed on Joe Farrington Road
POLICE officers shot and arrested two suspects shortly after the assailants killed a man on Joe Farrington Road Tuesday.
Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
MLB The Show ‘23 cover athlete is Marlins’ Jazz Chisholm
MIAMI (AP) — Jazz Chisholm Jr, the Miami Marlins’ euro-stepping, home-run blasting all-star, has goals beyond his impressive stats. With every stolen base and acrobatic catch, Chisholm hopes to have an impact on the next generation of players.
