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Tax Coalition moves to hire economist for VAT modelling

The Tax Coalition’s co-chair yesterday said it was the “slow release” of Value-Added Tax (VAT) details by the Government that had delayed public feedback, with the private sector body now poised to move on its own economic impact studies.

35 KFC terminations branded 'inhumane'

The Kentucky Fried Chicken (KFC) franchise holder was yesterday blasted for “inhumane” treatment of the 35 employees made redundant yesterday with the closure of its Village Road store.

Super Value chief fearing $12m VAT, licence cost rises

Super Value is bracing for a $1 million per month cost increase from Value-Added Tax (VAT) and other fees, its owner warning that the Government’s fiscal reform plans will “wipe out the food retail industry”.

Fiscal rule 'timing' critical for Bahamas

The Bahamas should wait until after its upcoming reforms to impose a ‘fiscal rule’, a former finance minister agreeing that it could impose “discipline” on the Government’s Budget.

Leon Williams to be senior advisor on C&W board

FORMER BTC CEO Leon Williams will be appointed the senior Bahamian policy adviser on the Cable and Wireless board, the Tribune has learned.

FNM: BTC deal is a betrayal

PRIME Minister Perry Christie’s announcement of a new BTC deal was a “shameful and cynical betrayal of his campaign promise”, the FNM said yesterday.

Marathon Bahamas: Bank awards students in relay run

AFTER winning first, second and third place respectively, the CV Bethel Stingrays, St Anne’s Bluewaves and the Queen’s College Comets were awarded by Scotiabank for their performances in the 2014 Marathon Bahamas Students Relay Run.

VAT a 'more fair regressive tax'

The Tax Coalition’s co-chair yesterday hit back at “misleading” government assertions about Value-Added Tax (VAT), producing a hypothetical example (shown here) where a middle class family paid - as a percentage of their income - 62 per cent more tax than their wealthy counterparts.

IMF's 'fiscal rule' demands 'spot on'

The International Monetary Fund’s (IMF) was last night backed as “spot on” in its call for the Government to implement ‘a fiscal rule’, arguing that this would “enhance the predictability and credibility” of its annual Budgets.

Union's BTC Board control hope dashed

The trade union representing the Bahamas Telecommunications Company’s (BTC) line staff yesterday said it was “a bit disappointed” that the Government had failed to regain Board control, having hoped this would provide a bulwark against further job losses.

CWC: $25m BTC deal 'price worth paying'

Cable & Wireless Communications (CWC) decided that $25 million was “a price worth paying” for peace with the Bahamian government, a London-based analyst yesterday describing their deal as “an elegant resolution”.

Waste workers march in protest

MORE than 150 Department of Environmental Health Services workers rallied in Rawson Square yesterday to demand Prime Minister Perry Christie meet with their representatives over job security concerns.

Seahorse Institute opens its doors after fire

MORE than 150 people gathered to celebrate the grand opening of the new Seahorse Institute on 85 Soldier Road, one year to the day after the old facility was destroyed in a fire.

Barracuda swimmers dominate overall categories at Swift meet

BARRACUDA swimmers dominated the overall categories in the Swift meet at Betty Kelly Kenning National Swimming Complex over the weekend.

TOUGH CALL: Are we making the most of our historic remains?

TREASURE CAY, Abaco — Remains of Carleton, the first loyalist settlement on this island, lie scattered over the landscape just off Treasure Cay Drive, the road that connects to the highway between the public beach and the adjacent creek.

Carlton E Francis girls, boys, win title

It must sound like a scratched tape, but Carlton E Francis has done it again. The most dominant primary school basketball team this year, coached by Sherman Smith, completed the New Providence Primary Schools Sports Association’s basketball tournament by winning both the boys and girls’ title at the Kendal Isaacs Gymnasium on Friday.

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