Search results for : unlocking
UB Art and Music Students to Benefit from a $100K Scholarship Award Established by Cordell Broadus Jr. and the Tezos Foundation
Nearly one year ago, Cordell Broadus, son of legendary American rapper Snoop Dogg, stood before hundreds of University of The Bahamas (UB) freshmen and declared his interest in financially supporting the talented artists and musicians among them. Some seven months later, Mr. Broadus made good on that promise by generously donating $100,000 to the University to support the creative arts at UB.
UB Art and Music Students to Benefit from a $100K Scholarship Award Established by Cordell Broadus Jr. and the Tezos Foundation
Nearly one year ago, Cordell Broadus, son of legendary American rapper Snoop Dogg, stood before hundreds of University of The Bahamas (UB) freshmen and declared his interest in financially supporting the talented artists and musicians among them. Some seven months later, Mr. Broadus made good on that promise by generously donating $100,000 to the University to support the creative arts at UB.
Op-Ed: Closing the gender investment gap – empowering women in finance
In the realm of finance, there exists a pervasive and detrimental disparity known as the gender investment gap. This phenomenon refers to the discrepancy in investment patterns between men and women, wherein women tend to invest less compared to their male counterparts. This gap not only perpetuates gender inequality but also undermines women's financial security [...]
New industrial agreement between Bahamasair's management and pilots nears completion
NASSAU, BAHAMAS- Bahamasair pilots, represented by the Bahamas Airline Pilots Association (BALPA), will soon breathe a sigh of relief as the inking of a new industrial agreement with airline management is said to be on the horizon. BALPA and executives of the national flag carrier have been locked in dialogue at the negotiation table for [...]
Announcement of Qualified Domestic Minimum Top-Up Tax (QDMTT) - Office of the Prime Minister
Announcement of Qualified Domestic Minimum Top-Up Tax (QDMTT) - Office of the Prime Minister
Today, the Prime Minister and Minister of Finance Hon. Philip Edward Davis KC, MP announced the introduction of the Qualified Domestic Minimum Top-Up Tax (QDMTT), a significant measure under the OECD’s Pillar Two tax framework aimed at ensuring multinational enterprises (MNEs) operating within The Bahamas pay their fair share of taxes. This initiative specifically targets MNEs with annual turnov...
Tax revenue collections improve by nearly $73 million during first six months of the fiscal year
Tax revenue collections improve by nearly $73 million during first six months of the fiscal year
The deficit exceeded the budget forecast by $127.6 million at the halfway mark. NASSAU, BAHAMAS – Prime Minister Philip Davis announced a $72.9 million improvement in tax revenue collections during the first six months of the fiscal year, reaching $1.2 billion, which accounted for 40.1 percent of the budget target. In his mid-year budget statement, [...]
COMPLEX ISSUE: No demolition 'celebration' says Abaco Chamber President on shanty town matter
COMPLEX ISSUE: No demolition 'celebration' says Abaco Chamber President on shanty town matter
NASSAU, BAHAMAS — Abaco's Chamber of Commerce president cautioned against celebrating the demolition of shanty towns on the island, noting that the issue is a complex situation, with the island's immigrant population having played a major role in the post-Dorian rebuild. "Persons took advantage of being able to rebuild without anyone checking in the early [...]
Governance reformer urges policy 'reorientation' for economic growth
NASSAU, BAHAMAS — A governance reformer stressed the importance of policy reorientation in unlocking the country's economic potential, highlighting the need to carefully consider the policy guidance provided by the International Monetary Fund's 2023 Article IV consultation and emphasizing the removal of structural roadblocks for sustained growth. Commenting on the International Monetary Fund's r...
BTVI announces renewable energy training initiative
BTVI announces renewable energy training initiative
As the Bahamas Technical and Vocational Institute (BTVI) moves towards energy efficiency, the institution launched a training programme Monday (Jan. 29, 2024) for the installation and maintenance of solar PV systems at the Old Trail Road campus.
PM Davis ‘greatly saddened and deeply shocked’ by recent spate of murders
During the Royal Bahamas Police Force Annual Church Service, on January 7, 2024, Prime Minister and Minister of Finance the Hon. Philip Davis stated that he was “greatly saddened and deeply shocked” by the recent spate of murders in The Bahamas.