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Corporate governance for economic value, part 2
Corporate governance for economic value, part 2
I have consistently argued that policymakers have to move urgently to implement structural reforms in order to influence the economic fortunes of the country. In part one I noted that, "The government and SOEs must pay greater attention to effective governance as a means of unlocking critical value for citizens and taxpayers." The march to ...
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CBA president says push toward digital services is a part of banking evolution
The move by commercial banks to increase over-the-counter fees and close even more branches in recent months has sparked ire among some members of the public, but President of Clearing Bank's Association (CBA) Roger Archer said it's part and parcel to the evolution of financial services in The Bahamas. In recent weeks there has been ...
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The future of debt — Part II
The future of debt — Part II
Despite our desires, objectively, the task ahead is largely an uphill climb and requires us to accept some truths along the way. Why is there a seemingly lack of congruence between the country and the credit market? There appears to be many countries, peers, with debt-to-GDP that is much worse than The Bahamas, lower per ...
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The future of debt Part 1
The future of debt Part 1
As well thinking individuals, we are rooting for the success of the country. Unfortunately, often, commentary is misconstrued and misunderstood as being otherwise. Regardless, it is fundamental that public discourse remains factual, balanced and unimpeachably honest. While some would wish to conclude differently, the future of national debt in The Bahamas rests squarely on the ...
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Four govt agencies part of pilot VAT withholding scheme
The only entities currently engaged in the government's value-added tax (VAT) withholding scheme are government agencies, Acting Comptroller of the Department of Inland Revenue (DIR) Shunda Strachan said yesterday, explaining that this scheme should assist in recouping some unrealized revenue. Strachan, who made the comments while a guest on Morning Blend Business on Guardian Radio 96.9 ...
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PM Davis and Parliamentarians Take Part in Mt. Carey Fox Hill Day Church Service
Prime Minister and Minister of Finance the Hon. Philip Davis, Cabinet Members, Leader of the Opposition the Hon. Michael Pintard, Parliamentarians and senior Government officials joined Minister of Foreign Affairs and the Public Service and MP for Fox Hill the Hon. Fred Mitchell in visiting four churches in Fox Hill, August 9, 2022, In observance of Annual Fox Hill Day celebrations.
Large number of children took part in tennis summer camps
A number of successful tennis programs were held this summer. There were a number of tennis camps staged at the Bahamas Lawn Tennis Association's (BLTA) National Tennis Centre (NTC), and around the country, that allowed children to learn tennis in a fun-filled environment. The participants included first-timers and active players. Forehands, backhands, serves, volleys and overhands were ...
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Let's get ready for school, part 1
Let's get ready for school, part 1
It's time to get ready for school. Between next week and September 5, most, if not all, primary to high school students will be returning to school. Some students are eagerly looking forward to the new school year. Others do not want the fun-filled summertime with no routine studying to end. But it must end and parents ...
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Tourism ministry takes part in aviation convention
Tourism ministry takes part in aviation convention
THE Bahamas Ministry of Tourism, Investments & Aviation took part in the week-long 69th Experimental Aircraft Association (EAA) AirVenture Oshkosh convention held in Wisconsin from July 24-31.
The Deputy to the Governor General takes part in the Emancipation Day Holiday Fox Hill Festival
The Deputy to the Governor General takes part in the Emancipation Day Holiday Fox Hill Festival
Mrs. Cynthia Pratt, Deputy to the Governor General, delivered Remarks during the Emancipation Day Ecumenical Service at Fox Hill Parade Grounds on Monday, August 1, 2022. Minister of Foreign Affairs and the Public Service, the Hon. Fred Mitchell also brought greetings.