| The Tribune

Chamber chief: Delay joining WTO until 2017

The Bahamas should “put off” becoming a full World Trade Organisation (WTO) membership until 2017, a leading private sector executive said yesterday, as this would provide enough time to assess Value-Added Tax’s (VAT) performance.

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.

Moody's 'validates' private sector energy reform push

Moody’s believes the Bahamian economy will experience “major improvement” if the Government successfully executes energy reform, adding that this could also “offset” Value-Added Tax’s (VAT) cost impact.

‘Reno’ Johnson to face ‘ghost’ fighter this weekend

Tureano ‘Reno’ Johnson left town yesterday for Santo Domingo, Dominican Republic, where he will be facing his next opponent on Saturday.

Web shops 'one step' in tackling informal economy

The Gaming Bill’s legalisation of web shops was yesterday described by a leading private sector executive as just “one step” in a much-needed effort to tackle the informal economy.

The view on the street over gambling

DESPITE the majority vote against the legalising of web shops and establishing a national lottery last year, the Gaming bill to legalise web shops has been passed by Parliament.

Mother Pratt speaks up for Urban Renewal beliefs

FORMER Deputy Prime Minister Cynthia “Mother” Pratt took to the Radio House airwaves yesterday to explain Urban Renewal’s ‘One Bahamas’ philosophy.

Chamber chairman fears NHI disposable income wipe-out

The proposed National Health Insurance (NHI) scheme’s financing mechanism could wipe out Bahamians’ disposable income and “hurt the economy”, the Chamber of Commerce’s chairman warned yesterday.

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.

Gov't told: 'Stop buck passing' on Nassau harbour boardwalk

An ex-Deputy Prime Minister has urged the Government to “stop buck passing” and decide final plans for Nassau’s harbourfront boardwalk, a project deemed “critical” to better distributing cruise tourists along Bay Street.

Anthonique Strachan fourth in 200, Chris Brown and Americas 4 x 400 relay third

ANTHONIQUE Strachan raced to a fourth place finish in the women’s 200 metres, while Chris ‘the Fireman’ Brown and the men’s 4 x 400 metre relay team had to settle for third place as the Americas team relinquished their title to Europe as the 12th IAAF Continental Cup came to a close on Sunday.

'Confusion' between VAT law, guidance must be eliminated

A Tax Coalition co-chair has called for apparent differences between the Value-Added Tax (VAT) legislation and ‘guidance notes’ to be “resolved”, agreeing that there was “confusion between the two”.

VAT to put dive boats, charters 'out of business'

A Tax Coalition co-chair has expressed concern that Value-Added Tax (VAT) could make Bahamian tour/dive boat operators and charter companies uncompetitive against international rivals and “put them out of business”.

STRIKE IS OVER SAYS TUC LEADER

NEGOTIATIONS between the government and the Trade Union Congress (TUC) came to a screeching halt yesterday after officials learned that some unions were still withholding their labour as part of a national strike that began on Wednesday.

Man free after unanimous not guilty verdict

A MAN walked free from a possible life sentence yesterday after a Supreme Court jury unanimously acquitted him of attempted murder.

TUC files court action to lift strike injunction

THE Trade Union Congress filed an application in the Supreme Court yesterday to have an injunction, which prevents its members from furthering an industrial action, lifted immediately.

Gov't VAT error slammed as 'downright ignorance'

The Government was yesterday accused of being “downright ignorant” on Freeport’s business environment, after a Value-Added Tax (VAT)-related blunder caused “widespread panic” among the city’s private sector.

Indicted Bahamian: 'I can orchestrate fraudulent trades'

One of the two Bahamians indicted over a $500 million money laundering scheme allegedly told an undercover US federal agent he could “orchestrate” fraudulent securities trades and did this “all the time”.

Disruption affects airport as workers take action

MORE than 100 hotel workers, Customs & Immigration officers, and nurses did not report to work on Wednesday in support of a strike initiated by the Trade Union Congress over a number of outstanding issues with government and the private sector.

Staff could face pay cuts, be fired - and also risk jail

THE Supreme Court yesterday issued an injunction on behalf of the government ordering members of the Bahamas Nurses Union, the Bahamas Customs and Immigration Allied Workers Union and the Bahamas Educators Managerial Union to abandon their national strike and return to work “forthwith” or risk being in contempt of court.

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