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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.
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.
Firearms task force ‘to create safer Bahamas’
PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.
Teen pleads guilty on drug possession granted bail
A TEENAGER was placed on probation yesterday after admitting to having two grams of marijuana earlier this week.
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.
Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
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”.
Helping hand to fight crime
PRIME Minister Philip “Brave” Davis said new vehicles donated to the Royal Bahamas Police Force by the United States, as well as additional vehicles ordered by the government, will boost law enforcement’s saturation patrols and help combat crime.
‘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.
Overall winners of Macedonia Baptist Church Men’s Anniversary Family Fun Run/Walk Race awarded
ANTHONY Saunders, Holly Ferguson, Earl Bethel and Alicia Williams emerged as the overall winners of the men and women run and walk races in the Macedonia Baptist Church Men’s Anniversary 2023 Family Fun Run/Walk Race held on Saturday.
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.
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.
Pair who deny violating bail are granted bail by court again
TWO men were granted bail in Magistrate’s Court yesterday after denying that they violated their bail conditions while on release for separate charges of attempted murder and armed robbery.
Athletes qualify for CARIFTA
The third annual Red-Line Athletics Oaktree Sonja Knowles Track Classic over the weekend at the Thomas A Robinson Track and Field Stadium was termed a tremendous success with quite a number of athletes attaining the qualifying standards for the CARIFTA Games.
NPPPSSA mini basketball tourney underway
THE New Providence Public Primary School Sports Association’s 2023 Mini Basketball Tournament got underway yesterday at the Kendal Isaacs Gymnasium with some exciting games being played by the girls’ teams.
WORLD VIEW: Being homosexual is not a crime - Pope Francis
“BEING homosexual is not a crime. We are all children of God, and God loves us as we are and for the strength that each of us fights for our dignity.” Those words were spoken by Pope Francis, easily the most radical pontiff that the Roman Catholic Church has ever had.
Police Commissioner warns ‘zero tolerance’
FOLLOWING an increase in murders and other serious offences last year, Police Commissioner Clayton Fernander warned that there will be a “zero tolerance” approach to crime this year as he highlighted several new crime fighting strategies geared towards tackling gun violence.
