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News Article
June 28, 2010
More Bahamians 'cannot' afford own 'Family Room'

A leading home builder said an increasing numbers of Bahamians "cannot afford" to have a Family Room constructed in their first home, arguing that income inequality and poverty had increased, while living standards had fallen.

Franklyn Wilson, Arawak Homes' chairman, told the Bahamas Chamber of Commerce's annual general meeting (AGM) there was "compelling evidence" that from 1990 to the present...

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News Article
October 26, 2014
Duncombe: Solar is affordable

Outspoken environmentalist and freedom of information advocate Sam Duncombe has challenged some of the assertions underlying recent observations by Bahamas Electricity Chairman (BEC) Chairman Leslie Miller, who has expressed doubt about the government's ability to grant further concessions for solar energy.
Miller told Guardian Business that, given the fiscal constraints facing The Bahamas, he cou...

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News Article
April 02, 2014
WSC 'can't afford to maintain sewer system'

As the Water and Sewerage Corporation (WSC) forges ahead with $81 million in improvements to the country's water supply infrastructure, the general manager of the corporation has admitted that the WSC simply cannot afford to maintain its sewer system or fund what would be a $400 million to $600 million cost to extend the system throughout the whole of New Providence.
Glen Laville, general manager ...

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News Article
December 02, 2013
No VAT on BEC bills 'more generous than we can afford'

The potential to lose at least an estimated $30 million in revenue annually has driven the government to determine in the latest draft of the value-added (VAT) tax legislation, released to the public on Friday, that both commercial and residential consumers of electricity will be asked to pay VAT on their bills.
Ishmael Lightbourne, VAT consultant to the government, said that while the administrat...

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News Article
October 17, 2013
Agricultural school costs triple - but minister says that Bahamian people will afford it

ESTIMATED costs for the proposed Agriculture and Marine Sciences school have tripled as officials work to finalise plans for the vocational institute set to open next year.

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News Article
June 25, 2013
Countries of the Americas Can Procure More Affordable Diagnostic Treatment Supplies for HIV/AIDS

The countries of the Americas can procure rapid diagnostic tests and HIV drugs at more affordable prices through the Strategic Fund of the Pan American Health Organization/World Health Organization (PAHO/WHO)...

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News Article
February 26, 2013