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Little juice left

ActivTrades

Global stocks of orange juice have shrunk significantly, and raw material costs are rising. Consumers must be prepared for price increases for their most popular drink.

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'We’re 20 years late on corporate income tax, so we’re catching up' says expert

A TOP financial expert believes it is the time to have a discussion about corporate income taxes for companies in The Bahamas.

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Man jailed for failing to charge electronic monitoring device seven times

A MAN facing multiple pending armed robbery charges was sentenced to one year in prison after he admitted to failing to charge his electronic monitoring device (EMD) seven times.

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DIANE PHILLIPS: Morgan Freeman live, another nod to the orange economy

ONCE you’ve played God, it must be hard to be human. But on a recent Sunday night in the Atlantis Theatre, the real Morgan Freeman strolled out on stage, took a seat in a comfortable armchair and talked with a crowd of film festival goers, answering every question with humour and honesty, even if a few would not have gotten a thumbs up for intelligence on Rotten Tomatoes.

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ERIC WIBERG: The last flight of a Marauder

On October 17, 1944, five years into World War II, a B-26 Marauder aircraft assigned to the Royal Air Force Transport Command took off from the Windsor Field.

Revenue surge to $274m via corporate tax switch

The Government could near-double pre-COVID business taxation revenues if it were to implement a 15 percent corporate income levy across-the-board on all entities bar those generating less than $500,000 in annual turnover.

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Cat Island 'going to get whole hog'

Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.

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PM blasts 'blinkered' officials' tax attitude

The Prime Minister yesterday slammed "blinkered" public officials for adopting inflexible approaches to the collection of outstanding taxes that "close the business" and hinder economic growth and productivity.

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Adrian Gibson jury finalised as trial set to get under way

NINE jurors were selected yesterday to evaluate evidence from more than 40 witnesses in Adrian Gibson’s corruption trial.

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CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses

The Government is leaning towards reforms that will see most Bahamas-based businesses pay a "modest" corporate income tax of either 10 or 12 percent with the only exception being small firms earning less than $500,000 annually.

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Bahamas treasure hunter eyeing Nassau museum

A Bahamas-based underwater explorer yesterday said it is "seriously considering" opening a Nassau museum to showcase artifacts recovered from what has been billed as “the most valuable shipwreck in the Western Hemisphere”.

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Cruise port chief in 'ride the wave' call

Nassau Cruise Port's top executive yesterday urged downtown Nassau to "ride the wave" its $322.5m investment has created after a Cabinet minister voiced fears it could take "visitor traffic" away from other businesses.

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Local banks pass anti-financial crime 'shadow shopping'

The Central Bank yesterday hailed the results of a 'mystery shopper' style survey of Bahamian financial institutions which found "rigorous evidence" they were in full compliance with efforts to combat financial crime.

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'Jobs, jobs and more jobs': Staff sought for 700 posts

The British Colonial resort will hire up to 400 staff before it fully re-opens this December, the Government's labour chief revealed yesterday, adding: "The majority of Bahamians who want a job can find one."

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Men accused of sex assault in Andros held without bail

THREE men were jailed after being accused of sexually assaulting a 29-year-old woman in Andros last month.

Bahamas Golden Jubilee Games baton on the move

AFTER starting its journey in Exuma, the Bahamas Golden Jubilee Games baton has arrived in Grand Bahama.

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Central Bank's $9m HQ hit 'wasteful and absurd'

The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.

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Water Corp debt to main supplier grows to $16.6m

The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.

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Meteorology Department working to improve storm surge forecasting

ACTING Director of Meteorology Jeffrey Simmons said officials are working to improve storm surge forecasting.

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Atlantis and PI hotels unite to bar Wendy's

Atlantis has joined forces with other resorts and developers in a bid to bar the Wendy's and Marco's Pizza owner from converting Paradise Island's former Scotiabank branch into a fast-food restaurant destination.