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Bowe urges patience over Baha Mar deal
BAHAMAS Chamber of Commerce and Employers Confederation Chairman Gowon Bowe yesterday called for critics anxious for details over the Baha Mar sale to be patient, as a final agreement has not been brokered.
Hutchison slammed for ‘pocketing tax breaks’ as Freeport hotels sink
Grand Bahama’s largest investor was yesterday slammed for failing to properly kick-start repairs to the island’s storm-ravaged tourism product, despite pocketing millions of dollars in tax concessions from the Government.
‘So much to get our teeth into’
The newly-appointed House Opposition leader yesterday said she will now head the Public Accounts Committee (PAC), saying: “There’s so much to get our teeth into I don’t know where to start.”
INSIGHT: Torn apart by gangs, Haiti still waits for action as it teeters on edge of being a failed state
IN theory, Bahamian troops should be on the ground in Haiti by now.
S&P demands $162m spend cut details
Standard & Poor’s (S&P) yesterday urged the Government to detail the $162 million in recurrent spending cuts that will enable it to beat 2012-2013 deficit projections, questioning how it had achieved this when revenues under-performed by 11 per cent.
Government must be held accountable for public spending
SINCE THIS government has come on the scene, it has stumbled from one sink hole into another. Nothing seems to be going right, because there is no planning, no co-ordination, and, as we have said before, each cabinet minister seems to have his own agenda and his own game plan.
Gov't told: 'Fine tune' first-time buyer tax break
A leading attorney yesterday said there was still time “to fine-tune with certainty” the latest first-time buyer Stamp Duty exemption, as he admitted the profession had been unable to “decipher” the Prime Minister’s Budget statement on the subject.
BSF National Round Robin Results
RESULTS of the Bahamas Softball Federation’s National Round Robin Tournament, held October 29 to November 1, are as follows:
Where the PM goes, the PLP follows
We are quickly approaching May 7th. It is amazing to me that the PLP continue to follow the Prime Minister wherever he goes to have a rally.
TOUGH CALL: Downtown development - delay, decay and dark deals
THIS weekend, social media land was in a tizzy - with many Bahamians aghast at a spoof produced like a promotional video. The film featured a syrupy narration illustrated by scenes showing some of the underside of Nassau’s tourist core. Here are some excerpts:
$600m Sarkis claims branded 'hogwash'
An ex-Baha Mar director has slammed as "hogwash" claims that Sarkis Izmirlian lacked the $600 million financing needed to complete the project, accusing the Government of "playing the blame game".
A Comic’s View: When saying less is more
Throughout my lengthy comedy career in The Bahamas and abroad, I’ve learned one thing – a good joke and laugh catches everyone’s attention, especially politicians.
A YOUNG MAN'S VIEW: Spiralling debt brings a downgrade dangerously close
The Bahamas is on the fast track to an economic downgrade.
INSIGHT: The day of reckoning
Malcom J Strachan says a desperate PLP government is clearly prepared to do anything to stay in power and is insulting the intelligence of Bahamians . . .
ADRIAN GIBSON: The Elliston Rahming diplomatic 'fiasco'
THE government’s scurrying this week to right a “diplomatic wrong” indicates that they blundered and are thoroughly embarrassed by the Elliston Rahming diplomatic fiasco.
TOUGH CALL: Government in a rush to reform the energy sector
ENERGY sector reform is in the air. The government wants to split the state-owned, loss-making Bahamas Electricity Corporation into two separate companies by the end of this year, and several private sector management bids are now being evaluated.
Regulatory uncertainty 'stunts' Bay Street revival
DOWNTOWN Nassau’s revival is being “stunted” by regulatory confusion that is deterring potential developers and financiers, a senior realtor warned yesterday.Charles Christie, C. A. Christie Real Estate’s president, said zoning restrictions - especia
Baha Mar creditors protected against ‘backroom deals’
An ex-Baha Mar director yesterday expressed delight that a Cabinet Minister agreed all Bahamian creditors should be compensated, even if the Government “cuts a backroom deal with the Chinese”.
Gov't 'can't say' how much spent on NHI
The Minister of Health “cannot say” how much the Christie administration spent on National Health Insurance’s (NHI) launch, saying only: “It’s more than $100 million.”Dr Duane Sands acknowledged that many Bahamians will be amazed the Government canno
Government proposed 21-year lease of reclaimed Crown Land to Peter Nygard
The Government proposed a 21-year lease of reclaimed Crown Land at Nygard Cay to its fashion mogul owner, with an annual rental rate pegged at $25,000.