28 March 2014
Bahamas Electricity Corporation (BEC) Executive Chairman Leslie Miller credited massive slashes to employees’ overtime for leading to a 24 per cent fuel surcharge reduction over the past few months in consumers’ electricity bills. Mr. Miller said the reduction in overtime pay and the end of double-dipping are the primary factors for the decrease. Last year, […]
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28 March 2014
The Bahamas and Haiti agreed to stronger cooperation in the area of law enforcement to fight against orgainisers of illegal migration during bi lateral talks yesterday in Haiti. Foreign Affairs and Immigration Minister Fred Mitchell co-chaired the meeting held at the Office of the Prime Minister in Port-au-Prince, Haiti with Haitian Foreign Affairs Minister Piere-Richard […]
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28 March 2014
The government is confident that adopting Value Added Tax (VAT) will lead to a significant reduction in cases of tax fraud, according to a legal expert in the Ministry of Finance. “VAT will reduce fraud because it creates more transparency at every stage from production, to importation, to point of sale,” attorney Renee Fisher told […]
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28 March 2014
Baha Mar VP of External Affairs Robert Sands said if Value Added Tax (VAT) is introduced at any percentage higher than five, its effects could be detrimental to the tourism industry. According to Mr. Sands, the future of the country’s tourism industry may be put in jeopardy if the government decides to implement a tax […]
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28 March 2014
RBC Finco’s Managing Director Tanya McCartney will step down from her position in May, the company has announced. Ms. McCartney has worked with the Royal Bank of Canada (RBC) for eight years. She has served as RBC Finco’s Managing Director and Vice President for the past six years. The announcement came at the bank’s Annual […]
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27 March 2014
It took jurors less than two hours to return a guilty verdict yesterday against the woman accused of running a human smuggling ring. Jamaican native Chevaneese “Sasha” Gaye-Hall became the first person ever tried and convicted in The Bahamas for these crimes. She was found guilty on all six counts. A 2013 Ethical Traveller Report […]
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27 March 2014
Panic stricken Bahamians were sent into a frenzy yesterday following news that a 8.9 earthquake had triggered a tsunami off the coast of Africa, some 3,550 miles north east of The Bahamas, generating a series of tsunami waves. The first set of waves were expected to impact The Bahamas at 2:02pm Wednesday, hitting Mayaguana first […]
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27 March 2014
Criminal Defence attorneys, who have filed a lawsuit against Attorney General Allyson Maynard-Gibson in the wake of stenographers being removed from the Magistrates Courts, appeared before Senior Supreme Court Justice Jon Issacs to have their matter heard yesterday. During the hearing, lead spokesman for the group of Criminal Defence Attorneys Murio Ducille argued that there […]
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27 March 2014
A top judge has warned of implications to the rule of law if the controversial Bimini Bay development is allowed to forge ahead while still subject to judicial challenge. Court of Appeal Justice Abdulai Conteh told lawyers for the government and Resorts World Bimini that any construction at the resort site could put the entire […]
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27 March 2014
The government is clamping down on the number of derelict and abandoned vehicles in the country in hopes of recouping the exorbitant costs of dealing with the problem. Removing derelict vehicles comes at quite a cost to taxpayers. Each vehicle is removed at a cost of $60. According to Environment Minister, Kenred Dorsett, some 1,000 […]
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