The Bahama Journal – Jones Communications Network

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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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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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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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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By: K Quincy Parker Former Assistant Commissioner of Police Paul Thompson says the government must begin confiscating the proceeds of crime so the assets of criminals do not remain secure in this jurisdiction, and that the government must revoke licenses for “cash-for-gold” businesses, which he said encourages criminal activity. Mr. Thompson spoke with Journal Business […]

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By: K Quincy Parker The president of the Caribbean Court of Justice (CCJ) has urged that the judiciary of each country adopt and publish its own code of judicial conduct and have it published, which will hold judges to appropriate standards of judicial conduct and inform the public of the standards of conduct that they […]

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Agriculture and Marine Resources Minister V. Alfred Gray has admitted that he is having trouble developing the country’s farming industry, which he says holds millions of dollars in untapped revenue. Recently, US agriculture officials forecasted up to $20 billion in losses due to the most severe drought in the US “corn belt” in more than […]

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By: K Quincy Parker Former Attorney General and Minister of Education Alfred Sears – who currently serves as the Chairman of the Council of the College of The Bahamas – has proposed that the preamble of the Constitution of The Bahamas be amended in order to “better reflect the ideals and aspirations of our multiethnic […]

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Some of the region’s foreign affairs ministers recently passed a resolution affirming the inviolability of diplomatic missions and reminding member states of the Organization of American States (OAS) of their obligation not to invoke provisions of their domestic law to justify noncompliance with their international obligations. The fallout from the decision by Ecuador to grant […]

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The Christie administration is still looking for ways to determine how best to compensate nearly 350 businesspersons who were affected by the multi-million-dollar New Providence Road Improvement Project (NPRIP), but that compensation will not include a large amount of cash, according to State Minister for Finance Michael Halkitis. “We are looking at a few options […]

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