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Stars that shine among graduates

The University of The Bahamas (UoB) held its spring commencement ceremony on May 25 propelling 583 graduates from nine academic units towards successful careers throughout the country.

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PETER YOUNG: Global summits, where countries meet to establish consensus and end with compromise

It became one of Winston Churchill’s better known maxims – “Jaw, jaw is better than war, war”. Britain’s famous Second World War leader was talking about the desirability of dialogue over destruction in the conduct of relations between states. This put the lie to accusations that he was a warmonger when the evidence showed that he opposed the use of force rather than negotiation with an aggressor in order to protect his country’s interests.

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FACE TO FACE: Patriotic, beautiful and proud to be Bahamian

ON July 10, 1973, moments after the midnight hour, the beautiful black, golden yellow and aquamarine Bahamian flag was hoisted for the first time in history.

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PM on fuel margin: ‘There has to be balance between profitability and affordability’

PRIME Minister Phillip “Brave” Davis said his administration believes gas retailers can profit in the current business environment despite their complaints and demands for adjustments to the price-controlled margin regime.

FNM says Davis administration’s VAT deadline change placing ‘pitfalls’ in way of entrepreneurs

THE Free National Movement bashed the Davis administration for its impending change to the value added tax reporting deadline, stressing the government continues to place burden on businesses.

Budget deals marinas 'another slap in face'

A former Association of Bahamas Marinas (ABM) president yesterday asserted that the Budget has dealt the industry "another slap in the face" through multiple fee increases for dockage and vessel registration.

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Gov't eyes air freight terminal outsourcing

The Government is eyeing a proposal to outsource Lynden Pindling International Airport's (LPIA) freight terminal to private sector developers and operators, it has been revealed.

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BPL set for a 'maturity audit'

Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.

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Haywards ready for GBPA 'sell down' to right partner

The Hayward family is willing to part with some of its Grand Bahama Port Authority (GBPA) ownership interest to aid Freeport's revival, it was revealed yesterday, but does not believe the Government should take "majority" control.

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Lincoln Bain allowed appeal to Privy Council

THE Court of Appeal has granted Lincoln Bain permission to appeal its decision supporting a Supreme Court order that he repay monies on a failed investment.

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PM: Sin tax? Not this year

PRIME Minister Philip “Brave” Davis said the government would not introduce a sin tax anytime soon.

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HUBERT EDWARDS: Bahamas can’t afford for fiscal forecast miss

The Davis administration has delivered a Budget which, while leaving room for discussion and debate on many fronts, gives numbers which are very positive and welcoming news from a fiscal and debt management perspective. The projections suggest that The Bahamas is on the path to a turnaround in its fortunes, providing international and domestic investors with a level of certainty that would not have been anticipated two years ago. But every aspect of this turns on what the final outturn of the 2022-23 fiscal year will be.

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WIN OR GO HOME: Flag football quarterfinals heat up

THE Bahamas Flag Football League (BFFL) playoffs got underway this past weekend at the Winton Rugby Field.

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Felix Neely Jr national cycling champion

AFTER two days of inclement weather, Felix Neely Jr was crowned the national male cycling champion at the 50th Independence National Road Cycling Championships in Grand Bahama.

Key tax arrears jump $230m to hit $1.13bn

Tax arrears owed to the Government from three key revenue streams increased by a collective $230m during the first nine months of the current fiscal year to hit $1.13bn at end-March 2023.

20% of Gov'ts fixed costs go to debt bill

One out of every $5 spent by the Government on its recurrent costs during the upcoming 2023-2024 fiscal year will go towards paying the $612.726m interest bill on its outstanding $11bn-plus national debt.

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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.

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Pintard says PM misled on budget taxes claim

FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.

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Murder count at 50 as two men killed on the weekend

TWO men were killed over the weekend, bringing the murder tally for the year to 50.

Backward attacks

In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.