12 June 2017
The government’s proposal to reduce value-added tax (VAT) could later result in a possible 15 percent increase, according to the opposition’s Shadow Minister of Financial Services Chester Cooper. During his contribution to the 2017/2018 Budget Communication debate last Thursday, Mr. Cooper admonished the Minnis led administration to use the current VAT system as an opportunity […]
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12 June 2017
The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) is taking exception to the government’s 2017/18 budget, which is set to see a reduction in business licence fees, calling it a move in the right direction. Speaking at a recent press conference, Chief Executive Officer of the Chamber Edison Sumner said they are looking forward […]
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12 June 2017
A serious brush fire over the weekend in Hamilton, Long Island brought to the attention the serious infrastructural needs on that island. Four firemen went to Long Island on Saturday and with the assistance of local volunteers managed to extinguish the blaze. In a statement, the island’s Member of Parliament Adrian Gibson said he was […]
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09 June 2017
Exuma and Ragged Island Member of Parliament (MP) I. Chester Cooper charged that the 2017/2018 Budget Communication presented by Deputy Prime Minister Peter Turnquest last Wednesday was the “wrong speech” and there is no plan to reduce the country’s debt. The Progressive Liberal Party (PLP) MP’s assertion was made yesterday while contributing to the budget […]
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09 June 2017
Minister of State for Public Service and National Insurance Brensil Rolle said $70 million will be paid to insurance companies to cover the policies of public officers that were not paid under the Christie administration. Mr. Rolle revealed this information during his contribution to the debate on the 2017/2018 Budget Communication in the House of […]
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09 June 2017
The fact that hundreds of Bozine Town residents have been waiting for more than a decade for a resolution to a longstanding land dispute, Garden Hills Member of Parliament (MP) Brensil Rolle said this is “disturbing.” The newly elected MP, in his contribution to the budget debate in the Lower Chamber of Parliament yesterday, assured […]
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09 June 2017
Prime Minister Hubert Alexander Minnis Thursday told the management and staff of Bahamas Information Services (BIS) and the Broadcasting Corporation of The Bahamas that they will be held accountable for their performance, professionalism and punctuality or lack thereof. Dr. Minnis said his administration has “freed up” the Broadcasting Corporation of The Bahamas so that the […]
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09 June 2017
The former Progressive Liberal Party (PLP) government employed and abused existing policies in the Public Service Sector to the tune of some $10 million in the months leading up to the 2017 general elections, according to Minister State for Public Service and National Insurance Brensil Rolle. Mr. Rolle made the revelations during his contribution to […]
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09 June 2017
Potential solutions that are necessary for making it easy to do business in The Bahamas will be the aim of The Bahamas Chamber of Commerce and Employers’ Confederation’s (BCCEC) fourth annual National Conclave this month. Speaking with the media at a press conference yesterday to announce their plans for the event, Conclave Chairperson Christina Lee […]
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09 June 2017
Chairman of the Bahamas Chamber of Commerce and Employers Confederation Gowon Bowe said that the recent presentation on the 2017/18 Budget Communication by Deputy Prime Minister and Minister of Finance Peter Turnquest with regards to eliminating value-added tax (VAT) on certain items will complicate the system. In a press conference held at the chamber’s office […]
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