.....one of the disadvantages of the Prime Minister not having the Finance portfolio in that the separate Minister cannot see the forest for the tree in front of him.....but then again combining both and having to please everyone leads to the past accounting or cookie jar governance.....and further now that yhis is being revealed the lack or justice for the people despite this being loudly proclaimed 'the peoples time'....

......on the planet earth......in the country named Commonwealth of the Bahamas the people majority voters voted NO in a referendum on legitimizing illegal gambling houses which the police could not locate for years...and the Government instead went against the people ....and nowthe people must not have unfounded fears.???.?...LOL....and you can add a number of tings the govt does ..........

What was the purchase price .???.
...and amount pf Resolve Debt that was paid for it??????.....and if less who is the individual(s) responsible paying more for a debt than what it is worth???........taxpayers money must be accounted for!!!
1 in 8 persons go to bed hungry and people are in the soup lines!! Hospital need beds, ambulamces, ventilators, wards to be fixed..!!L

The headline says "We're trying to protect players"..........on this week Our Almighty Lord And Saviour Jesus Christ was crucified o tortured on the cross dying suffering. ....to save all manking from sin......and at the bottom of his cross soldiers were gambling for his only possessions his clothes....The only way to protect players empirically is to close down all the gambling shops....

blatant descrimination totally unfair competition.
Just like the govt meddling and propping up BOB bank who has shares traded on local Stock Exchange with and all other banks paying licence fees business plans to grow following yhe rules also with shares on the local stock exchange and govt blatently complicit in propping up BoB in anti competition and expect the other commercial banks to stick around and cannot grow.
Now that cibc firstcaribbean overseas is going to offload onto NewYork Stock Exchange the Securities Exchange Commission SEC gets into Banking and they dont play.
Extremely disappointed in URCA why are they allowing one station to operate with licemce expired and still competing against the others who are operating legally ???????
unfair competition,!!

Story Tribune Thursday, March 15, 2018...Gaming operators give 7.1 millon this year to good causes...
Now dats roughly 19,425 per day donated after rent, operatong expenses etc why dats most 19 dollars per each Bahamian man woman and illegal migrant. Now if I had dat 19 dollars to feed da chillren...dats bout plenty fire engine, tuna n grits, chichen wing souse, slam bam, sardine n grits......

If the gaming operators have such an 'excellent relationdhip with the regulator....and look forwatd to continue to be working with them' then why are there still webshops in restricted areas...??

By the time the land is acquiref of if Crown land usually parcels of the long ago plots of 10 acre farmlands leased for 22 years and defaulted or other parcels of Crownlands which have to have utilities electricity poles etc installed subdivided paved roads etc the lots are worth more than 30,000. Also depemding on cpmparable market value by the area last sold number of nearby lots, homes etc they are located in and other variables and is suitable for housing.
The other 'low cost' lots are generally those inferior lots usually land that needs building up or has some factors not necessarily condusive to housing, or lots being sold as sometimes happens in subdivisions not approved without infastructure etc
The authorities have known that since the 2000 that salaries were not at a level for the entry level employee was able to buy a lot and also build a house. It would take in most cases a couple husband and wife joint incomes and good savings to do this. Many persons would also buy land and 'peck' away buolding to belt course and with equity built up would then amalgamate land loan and amount to complete house as it is diffocult to 'peck' away at costly roof likely to be damaged by rain/elements.
Another way and largely promoted was the lot and house package with many cases of up to 95% financing provided applicants met certsin criteria particularly meeting 45% total loan commitment to income and provided the banker did due care of ensuring that the remaoning 55% can meet living expenses or else the officer would be negligent in 'approving' the loan to meet quota for bonuses or salary increase and negligent in that the mortgage would be bound to fail as customers home expenses kick in. Usually this is secured with a Mortgage Indemnity insurance to cover the risk above bank policy normal lending.
In many cases simple mathematical review can find faults in previous bank application qualifying processes which have now of course been changed /amended etc to again prevent mass 4000 plus mortgage defaults tying up some billion dollar bank funds in defaults. There are even stories of banks barely approving 45% mark and then giving customer credit card exceeding contract 45% ratio!!

excellent.

suggest a better term to define these lots and housing program rather than the..... "low cost".....which is demeaning to bahamians......no less different than other bahamians...why not simply call it by a project name.....??
.....these lots are artifically lowered in price and stamp duty costs etc from market value to meet the needs of Bahamians which is borne by taxpayers

Ever seen the skinny kids putside the food stores with their Sponser me sheets asking for money?....or the big teenager looking decent dressed with a backpack at an eastern plaza asking for a sponser...??...ever seen a person getting mad cause they have to take their child out of school??...ever seen all the charity food giving food organizations in the papers?? ...how many people you know wearing gold jewellry??....