Deloitte & Touche

2nd Terr West Centreville
Nassau
Nassau / Paradise Island, Bahamas

Review

Deloitte & Touche

East Sunrise Highway and Beach Drive
Freeport
Grand Bahama, Bahamas

Review

Committee to address Uninsured Drivers & Vehicles holds first meeting

Minister of Energy and Transport, the Hon. Jobeth Coleby-Davis convened a meeting to discuss the concern of uninsured drivers and vehicles, February 5, 2024 at the ministry's offices. Major stakeholders present included representatives of the Bahamas Insurance Association, Insurance Commission of The Bahamas, Bahamas Chamber of Commerce, Police Traffic Division, Digital Transformation Unit, Delo...

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'No justification' for US dollar borrowing bar

By NEIL HARTNELL

Tribune Business Editor

BAHAMIANS should be permitted to borrow in US dollars against assets that generate significant amounts of this currency, a senior accountant urged yesterday, warning that current restrictions placed them at a major disadvantage when it came to ownership of key businesses in this nation.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas), sai...

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Rate cut's 40m 'wealth transfer'

By NEIL HARTNELL

Tribune Business Editor

CUTTING the Bahamian Prime Rate will not stimulate the economy but merely "transfer wealth" from savers and pension funds to borrowers, a leading accountant told Tribune Business yesterday, with the Government spending its estimated $40 windfall on meeting existing obligations/reducing debt.

Countering calls for the Central Bank of the Bahamas to lower t...

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Fears of no economic recovery until 2012

By NEIL HARTNELL

Tribune Business Editor

Bahamian economic recovery will not happen until 2012 unless foreign direct investment (FDI) rapidly rebounds to levels seen two to three years ago, a senior accountant told Tribune Business yesterday, as fears intensified that a rebound - and reduced unemployment - may not occur next year.

Describing foreign direct investment as "the only thing that cou...

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City Markets owed staff pension fund 500k at end-2009

By NEIL HARTNELL

Tribune Business Editor

Bahamas Supermarkets, parent company of the 11-store City Markets grocery chain, owed the staff pension fund almost $519,000 at its 2009 year-end in unpaid rent for the company's head office, with its financial troubles preventing any contributions by the firm to the plan during the 2007-2009 period.

The audited financial statements for Bahamas Supermark...

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PM: You'll cheer with me when Baha Mar opens

PRIME Minister Perry Christie insisted yesterday that those who scoff at his optimism over Baha Mar will come to join him in celebrating its success when the doors of the $3.5bn mega resort are opened.

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Sears: Forensic report of BPL soon

WORKS and Utilities Minister Alfred Sears said Deloitte has been engaged in a forensic examination of Bahamas Power and Light and officials should receive that report "shortly".

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'Too slack' over tax enforcement

Sub-Deck:

* Top accountant urges government to ensure businesses use incentives/grants correctly

* Calls for Business Licence exemptions to only be granted if all other taxes paid

* Government told to 'go all out' on medical initiative

File Pic of Ray Winder

By NEIL HARTNELL

Tribune Business Editor

A senior accountant yesterday urged the Government to ensure that companies qualifying for th...

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