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Cable's $89m deals win US national security approval
The US government has taken its foot off Cable Bahamas’ $89 million worth of US transactions, its national security and law enforcement agencies saying they have “no objection” to the Summit Broadband and US Metropolitan Telecom deals.
FCC approves $24m Cable acquisition
Cable Bahamas yesterday received approval from the leading US communications regulator for its $24 million acquisition of US Metropolitan Telecom, one of its three Florida-based acquisitions.
Freeport plant in buy back and $60m expansion
The Italian founder of Freeport’s PharmaChem Technologies plant is attempting to buy it back from its French owner, a move that if successful could result in its $60 million expansion.
The BTC deal
Prior to today’s announcement by the Prime Minister, Cable and Wireless (C&W) was the majority owner of BTC and the Government was the minority owner.
As VAT draft bill is published, DNA urges alternatives
WITH the draft legislation for Value Added Tax finally released to the public with only a month before it is set to be debated in Parliament, DNA leader Branville McCartney is urging the government to consider alternatives.
Judicial review for Blackbeard's Cay
THE Supreme Court has given environmental group ReEarth permission to bring Judicial Review proceedings challenging the permits/approvals received by the Blackbeard’s Cay project – a move the developer warned could jeopardise “over 100 jobs” and his $8 million investment.
THE PSYCHOLOGICAL IMPACT OF VAT: MIND YOUR BUSINESS
The year 2014 will see a very different Bahamas. Very soon, Bahamians will come to comply with Value Added Tax (VAT) and every social and financial implication that will be imprinted on the Bahamian public in the wake of its tepid introduction.
Bahamas' top regional logistics ranking 'tip of the iceberg'
THE Bahamas’ ranking as the Caribbean’s leading logistics performer is “just the tip of the iceberg” when it comes to this nation fulfilling its transhipment potential, a Cabinet Minister said yesterday.
Has PLP hamstrung Greenslade?
EDITOR, The Tribune.
Bahamas resident ‘reverses ageing process’
BILLIONAIRE fashion designer and Bahamas resident Peter Nygard says he is getting younger - after he reversed the ageing process using stem cells.
We gat bad ways and we bad pay
The Bahamas government has never defaulted on any of its financial obligations to local or international agencies and institutions. Not to the Inter American Development Bank, the World Bank, the International Monetary Fund, the United Nations or CARICOM.
Work permit 'confusion' hits Bahamas' reputation
A former Immigration minister yesterday urged the Department to conduct investigations with “more decorum”, adding that this week’s incident at Atlantis “does not bode well for the reputation of the country”.
Man granted nolle accused of gun smuggling
THE MAN who was granted the “gift” of a nolle prosequi by then-acting Attorney General Jerome Fitzgerald had been suspected of smuggling guns into the country, Senator Desmond Bannister revealed yesterday.
1,000 sign petition to stop dock construction
MORE than 1,000 people have signed a petition calling on the government to stop reported plans for the construction of a dock from Bimini’s shoreline which could cause “catastrophic” damage to the environment.
Readers support Bimini group
TRIBUNE readers are supporting the group of Bimini residents who are fighting to protect their environmental heritage.
The girl who beat all the odds
WHEN the 2013 graduates of the Vanguard School in Lake Wales, Florida, took their places, Yendise Marie Collie, of Nassau, with eyes that beamed brightly, stood proudly in their midst.
Residents fearing Bimini 'overload'
WITH Bimini set for even more resort development, some residents yesterday expressed fears that the small island is being over developed and will eventually become overpopulated, one telling Tribune Business: “I don’t know why this island is being overloaded”.
Attorney urges Freeport businesses to join tax case
FREEPORT – Attorney Fred Smith, QC, is urging Freeport licensees to unite in bringing a case against the government and its decision to impose new taxes under the Customs Management Act.
Call for student scientists to make their mark
THERE are almost 5,000 students at The College of The Bahamas and they are not merely learners, they are potential problem solvers.
Chief Justice warns government is creating 'dictorial impression'
CHIEF Justice Sir Michael Barnett cautioned the government on the ‘dictatorial impression’ it created in announcing a plan to have 10 criminal courts run simultaneously in 2014.