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PM: 40% of VAT money to deficit
Prime Minister Perry Christie yesterday said 40 per cent of the $1.14 billion Value-Added Tax (VAT) revenues has gone towards reducing the deficit, as he gave an accounting designed to end the “grave and nonsensical misconceptions that revenues were being squandered”.
VAT hike puts further strain on cook-outs
“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c
HALF OF MEDICAL STAFF STILL WON’T TAKE JAB: Doctor among COVID deaths as Pfizer rollout scheduled for Thursday
AN unvaccinated physician has died of COVID-19 complications, while three unvaccinated healthcare workers are currently hospitalised with the virus, according to Dr Merceline Dahl-Regis, the National COVID-19 Vaccine Consultative Committee chairperson.
Bahamas First chief ‘very confident’ over VAT deal
Bahamas First’s top executive is “very confident” the government and general insurers will reach “a mutually beneficial resolution” to end the uncertainty over VAT recoveries on claims payouts.
Chamber chief ‘astounded’ by 4,000 VAT payers
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday said he was “astounded” by government figures showing less than 4,000 companies would be liable to pay Value Added Tax (VAT), adding that this emphasised the urgency of passing legislation designed to strengthen the small business sector.
Pro basketball player Zane Knowles signs with new club
ZANE Knowles will continue his career in Bulgaria’s National Basketball League.
Exuma 56% 'willing' on mobile payments
More than half of Exuma residents are “likely” to use their mobile phones for financial transactions, making the island a fertile testing ground for the Central Bank’s digital Bahamian currency pilot.The regulator’s survey of Exumian payments habits,
Sports in brief
BASKETBALL
New Andre Rodgers Baseball Stadium set for 2015 completion
With the new Andre Rodgers Baseball Stadium set to be completed in 2015, the infrastructure will create a myriad of opportunities for local players, baseball development and the country’s sports tourism product.
‘Fait accompli’ fear on Abaco Club project
Environmental activists fear a proposed marina facility at the heart of the Bahamas’ “only carbon-free community” is being treated as “a fait accompli”, forcing them to initiate another legal action.
‘Breath of fresh air’: 150k cruise arrivals over Xmas
The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.
‘Full probe’ demand on WSC chair resignation
The Opposition’s chairman last night demanded “a full investigation” into the resignation of the Water & Sewerage Corporation’s executive chairman, asserting: “You’ve opened the box so let’s see what’s in it.”
Suns' NBA Finals lead now 2-1
MILWAUKEE (AP) — When Giannis Antetokounmpo crashed to the court just two weeks ago with what appeared to be a serious knee injury, there was no guarantee he'd be back this season.
Be aware of your Prostate
The prostate gland is a walnut-sized organ underneath the bladder that plays an important role in male fertility.
FACE TO FACE: A tragic price paid for those who won’t take the vaccine
WHEN Erin Bethell-Jones assisted her grandmother, Janey with receiving her vaccine for protection against COVID-19, it was a proud moment. She wanted her to be safe in a pandemic and live as many healthy happy years as she could. However, last month Janey passed away from a non-COVID-related issue. What tore Erin up is that she felt her grandmother would still be alive if an ambulance was able to come for her.
What does a high PSA blood value mean?
September is Prostate Cancer Awareness Month. The COVID-19 pandemic continues to lead to unacceptable morbidity and mortality rates in the Bahamas. Approximately 100 men die every year in the Bahamas from prostate cancer. Many of these deaths were preventable. Prostate cancer has an excellent cure rate if diagnosed when the cancer is organ confined.
Port operator sizes up multi million export opportunities
The Arawak Port Development Company (APD) is assessing multi-million dollar development opportunities beyond this nation’s borders, as it moves to “significantly raise the bar” for all Bahamian port operations.
Woman denies smuggling firearms
A 25-year-old woman who denied trying to smuggle several firearms and ammunition in addition to a large quantity of drugs into the country was yesterday granted bail before her trial.
Fritz Grant track and field reulsts
RESULTS of the annual Fritz Grant Track & Field Invitational at Thomas A Robinson Track and Field Stadium Saturday - the event was sponsored by Florida's Natural. Girls 80 Meter Dash Under 7 Finals 1, 705 Thompson, Lan
Team Bahamas tops Suriname 72-57 at the CBC
THREE games and three blowout wins thus far for the Bahamas’ senior men’s national basketball team as they continue to dominate regional competition at the Caribbean Basketball Confederation Championships.
