Archive | August, 2012

Ministers Sound Off on Tax Symposium

Ministers Sound Off on Tax Symposium

Two finance ministers believe that having a tax symposium is moving the country in “the right direction” because the government must form alternative ways to generate revenue. Minister of Financial Services, Ryan Pinder and Minister of State for Investments, Khaalis Rolle told the Bahama Journal on Wednesday that the symposium “is a must.” “There’s always […]

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Receiving & Unlawful Possession

By K Quincy Parker Disgusted with the failure of the government to shut down cash-for-gold businesses, former Assistant Commissioner of Police Paul Thompson Sr. recently urged the police to ramp up the use of the charges of Receiving and Unlawful Possession. The Journal has examined the Penal Code, and we give below a summary of […]

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Business Briefs- Bahamian Executives Elected To Regional Board

Two executives of the Bahamas Institute of Chartered Accountants (BICA) have been elected to serve on the Institute of Chartered Accountants of the Caribbean (ICAC) Board of Directors for the 2012/2013 term. At the ICAC’s 63rd Board of Directors Meeting held in St John’s Antigua, BICA First Vice President Zelma Wilson and President Jasmine Davis […]

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Gov’t Signs $24M IDB Loan

The government yesterday signed two vital multi-million dollar loan agreements with the Inter-American Development Bank (IDB) to initiate social safety net and trade sector reform programmes. Together the loans total $24 million. The signing of the loan agreements marks the next step in the process initiated in the House of Assembly when the government passed […]

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Ministers: Tax Reform Needed

Ministers: Tax Reform Needed

Two finance ministers believe that having a tax symposium is moving the country in “the right direction” because the government must form alternative ways to generate revenue. Minister of Financial Services, Ryan Pinder and Minister of State for Investments, Khaalis Rolle told the Bahama Journal on Wednesday that the symposium “is a must.” “There’s always […]

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Water & Sewerage Leaking Money

Leaks, thefts and metering inaccuracies are costing the Water & Sewerage Corporation (W&SC) $16 million in losses each year, according the corporation’s general manager, Glen Laville. Mr. Laville yesterday confirmed that the corporation is losing close to six million gallons of non-revenue water every day – more than 50 per cent of the corporation’s supply. […]

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Nat’l Symposium On Tax Reform Planned

Government officials, businesspersons and other civil society members are getting set to engage the public in discussions over the impending reform of the country’s tax system. On Wednesday, a number of economic heavy hitters gathered at the Inter-American Development Bank (IDB) to announce the plans to host the national symposium on tax reform. Sunshine Holdings […]

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Ministry Fraud Proofs Assistance Programme

The Ministry of Social Services has put measures in place to fraud proof its uniform assistance programme after a woman tried to scam the government out of free uniforms. It has been reported that a woman tried to get a purchase order from another parent to retrieve free new uniforms. The person was arrested and […]

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Workshop For School Police Officers Begins

The reintroduction of the school-based policing programme represents the government’s commitment to counter the “alarming and unacceptable levels” of violence in Bahamian schools by providing safe school havens for young Bahamian children. “This violence includes, but is not limited to, instances of the sale and abuse of drugs, truancy, bullying, vandalism, assault, gang activities and […]

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Former Miss Bahamas Co-hosts BET Show

Miss Bahamas 2010 Braneka Bassett is looking to hit the big time. The former beauty queen co-hosted BET’s popular music countdown show, 106 & Park yesterday. The show, which aired at 6:00 p.m., serves as an audition for Bassett to serve as the permanent co-host. The show’s regular hosts, Rocsi and Terrence J are leaving. […]

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