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Accounts committee report on Urban Renewal is complete
PUBLIC Accounts Committee Chairman Hubert Chipman has said the group’s investigation into Urban Renewal 2.0 revealed that the programme is no different from any other government entity where “there are things that need to be fixed”.
Gov’t: Remobilisation ‘imminent’ at Baha Mar
The Government believes talks between Baha Mar’s Chinese stakeholders will lead to an “imminent remobilisation plan” and the project’s re-opening “in the shortest possible timeframe”.
China Construction opposes US filing
CHINA Construction America (CCA) called for an American judge to dismiss Baha Mar’s Chapter 11 case in a motion filed in a Delaware bankruptcy court yesterday, claiming Baha Mar was not qualified to take such action under the US bankruptcy code and did so in bad faith to gain bargaining power during negotiations with relevant parties.
‘Nassau has become a gun town’ - Minnis
AS the country’s homicide count continues climb, Free National Movement Leader Dr Hubert Minnis said the capital has turned into a gun town under the watch of the Progressive Liberal Party, which struggles to get a handle on crime.
Shane Gibson: Any PLP leadership hopefuls will know when to make their move
LABOUR Minister Shane Gibson was against the suggestion yesterday that Progressive Liberal Party members interested in vying for party leadership should declare their intentions well ahead of the party’s convention.
Time to make Muzik
THE biggest names in Caribbean music will be performing in Nassau next month when the Caribbean Muzik Festival, a popular fixture on the Bahamas calendar in the 1990s, returns to the capital.
Allen welcomes $20m for youth unemployment
URBAN Renewal Co-chair Algernon Allen yesterday said the government’s budgetary allocation of $20m towards tackling youth unemployment will have a “significant social impact”, adding that the funds will be “easily” integrated into a “wide range” of areas in the Urban Renewal programme.
Minnis demands audit of BAMSI
OPPOSITION Leader Dr Hubert Minnis yesterday demanded a fiscal audit of the Bahamas Agricultural and Marine Sciences Institute (BAMSI) after it was revealed that the government has spent nearly $50m on the project.
Wilchcombe blasts rebel Rollins over ‘immaturity’
OBIE Wilchcombe, West Grand Bahama and Bimini MP, has branded outspoken Fort Charlotte representative Dr Andre Rollins’ ongoing controversial comments in the House of Assembly as “political immaturity” in need of “reconciliation” from not only constituents but from the Progressive Liberal Party’s council.
Tie web shop taxes to VAT rate increases
The Bahamas Chamber of Commerce’s (BCCEC) chairman yesterday called for web shop taxes to be bound to the Value-Added Tax (VAT) rate, so that they increased whenver the latter did.
PLP veteran dismisses Wells’ quit threat
FORMER PLP Cabinet Minister George Smith yesterday shot down Bamboo Town MP Renward Wells’ resignation threat saying that he did not have the political clout to “stand on a bully pulpit and talk tough”.
DNA ‘would welcome Rollins with open arms’
DNA DEPUTY Leader Chris Mortimer said yesterday the Democratic National Alliance would welcome Dr Andre Rollins with “open arms” if he were to resign as a member of the Progressive Liberal Party.
Bahamas blasts Panama Papers as ‘gratuitous’
THE Ministry of Financial Services yesterday suggested that the infamous ‘Panama Papers’ were a “gratuitous attempt” to produce a negative portrayal of the Bahamas as an international financial centre (IFC).
‘We must reform public pensions’
The Bahamas needs to avoid a Greek-style pension collapse and instead move ahead with the reform of the public pensions scheme as soon as possible, says the chief operating officer of CG Atlantic Pensions, Larry Gibson.
Bimini developer in 90% occupancy goal
BIMINI Bay's principal expects to see occupancy levels at the multi-million dollar resort and marina reach 85-90 per cent through the addition of its $24 million luxury boutique casino and the imminent Balearia ferry service, telling Tribune Business: "We have survived."
Will not oppose for the sake of opposing
UNLIKE the United States where winning power at any price seems more important to many politicians than passing laws for the good of the nation, newly elected Opposition leader Dr Herbert Minnis has promised that under his leadership the FNM will “not oppose for the sake of opposing.”
Biggest ever round of promotions for the RBDF
TELLIS Bethel has been named commodore of the Royal Bahamas Defence Force following a massive promotion exercise of 427 officers announced yesterday, described as the largest ever for the law enforcement agency.
Unsealing Baha Mar documents ‘important’
NEWLY appointed Attorney General Carl Bethel said yesterday the Minnis administration regards the unsealing of the documents relating to Baha Mar’s sale as “very important,” but added that it is too early to reveal the avenue the government plans to take to have the deal made public.
Davis says no decision yet on date for new convention
FORMER Deputy Prime Minister Philip “Brave” Davis said his party’s intention is for him to be leader of the Official Opposition in Parliament, adding that it has not yet been determined when the Progressive Liberal Party will have its next convention.
Mortgage Relief: 16%of targeted borrowers qualify
Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.