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Minnis blasts over-the-hill tax free zones ‘nonsense’
DR HUBERT Minnis last night branded assertions by government officials that “nobody is losing anything” from the extinction of Over-the- Hill ‘tax free’ zones as “the biggest nonsense I have ever heard”.
World ‘can’t replicate’ multi-billion Freeport infrastructure spend
Freeport is a “Singapore or Hong Kong waiting to be used”, the Grand Bahama Port Authority’s (GBPA) chairman believes, warning that it would be a “travesty” if the Bahamas failed to exploit the city’s existing multi-billion dollar infrastructure investments.
AML: $2m in extra tax equals 60% of profits
AML Foods is facing a $2 million increase in its annual tax bill due to the Budget, a sum equivalent to 60 per cent of its projected net income.
AML Foods 'parks' Carl's Jr franchise for 6-9 months
AML Foods has decided to “park” the launch of its new hamburger franchise, Carl’s Jr, for six-nine months due to concerns over consumer confidence and the Bahamian economy’s short-term outlook.
The stone that the builder refused
WE’RE at war. We are battling against crime, poverty, and the many other social ills we are experiencing. Wars are always fought by kids and so it should be with this one.
'Five Baha Mars' needed to solve jobless crisis
The Bahamas needs “five Baha Mars going on” simultaneously to achieve the 5.5 per cent GDP growth necessary to slash existing unemployment by 50 per cent and absorb thousands of annual school leavers into the workforce.
YOUNG MAN'S VIEW: The need for prison reform
THIS week’s Parliamentary debate and moving of the Correctional Services Bill was not only long overdue, but with a dose of political will (which has unfortunately been lacking), could potentially lead to much needed reforms of the prison system and result in infrastructural upgrades. That is, if the Government is really serious about prison reform.
PM urged to slow down with NHI rollout
IT NOW seems to be a case of “damned if you do, damned if you don’t”.
‘Heads should roll’, but whose head should be first?
MICAL MP V Alfred Gray has suggested that “heads should roll” over the response of some government agencies to Hurricane Joaquin. He said the Department of Meteorology and NEMA could have done a better job with their advisories and warnings, insisting that the agencies were “seemingly caught off guard”.
Gov’t warned: Don’t ‘eradicate headroom’
The Government was yesterday urged by a former finance minister to ensure it does not “eradicate any borrowing headroom” should a national emergency strike.
Bahamians are not being consulted or informed
DOWNTOWN Nassau has been a disaster zone for some years with efforts being made by various committees to transform Bay Street into an historic street of great beauty.
Patronage and purges
Enquiring minds all over this country want to know what’s wrong with the Free National Movement. They ask and then answer their own question. Dr Hubert Minnis is what’s wrong with the once great party.
BISX finds partner to ‘revive’ Junior Market
The Bahamas International Securities Exchange (BISX) is aiming to unveil a partnership by end-March that will “revive” its long-planned junior market facility.
EDITORIAL: Fred Mitchell should be removed as Immigration Minister
YESTERDAY, members of the public kept us busy by phone and e-mail asking how the two Cubans, being actively sought by Immigration because, according to Immigration Minister Fred Mitchell they were considered a “security risk”, could possibly be with their families in the US, each with a job and one with a driver’s licence. Hadn’t Mr Mitchell informed the public that the US had refused to accept them because of their questionable record?
'Little chance' to lower high debt, bad loan levels
The Central Bank of the Bahamas has admitted the current economic climate provides "little opportunity" to reduce high consumer debt and loan delinquency levels, with only 'qualified borrowers' able to access credit.
‘Ticking timebomb’: Gov’t warned to defuse Freeport
The Government was yesterday urged to rapidly defuse the “ticking timebomb” that is Freeport’s expiring tax breaks, a well-known businessman warning that the city’s private sector is “stuck in limbo” until it acts.
BAMSI plumber jailed for shotgun possession
A PLUMBER at the Bahamas Agriculture and Marine Sciences Institute (BAMSI) in Andros received a six-month sentence, a $4,000 fine and a strong lecture from a magistrate yesterday after he pleaded guilty to possession of an unlicensed shotgun.
Overall champions emerge in All-For-One Regatta
THE New Courageous, the Barbarian and the Crazy Partner emerged as the overall class champions in the second annual King Eric All-For-One Regatta in Montagu Bay over the Majority Rule holiday weekend.
Education and the elusive cure for poverty
Brad L Brasseur explores the current problems in creating good education for the poor in developing nations and looks at some of the solutions.
It is now time for politicians to stop playing politics
CRIME is down, murders are up, therefore it should not be said that the PLP’s crime “policies have fallen short and that the sole basis upon which (the government’s) efforts should be measured is the murder rate”.