Island Concierge Limited

Lyford Financial Centre, West Bay Street
Nassau
Nassau / Paradise Island, Bahamas

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Advantage Insurance Brokers & Agents Ltd

61 Collins Ave
Nassau
Nassau / Paradise Island, Bahamas

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Frederick's Agency

Marsh Harbour
Abaco, Bahamas

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Customs officer accused of falsifying accounts to steal over $1.8m in 2019

A CUSTOMS officer testified yesterday that former customs broker Precious Miller Moxey falsified accounts to steal over $1.8m in funds in 2019.

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Opposition demands govt reverse 'frustrating' business license policies

Stressing that many Bahamian small businesses are only just beginning to recover from the economic blow of the COVID-19 pandemic, East Grand Bahama Member of Parliament Kwasi Thompson - the opposition's shadow minister of finance - urged the government yesterday to immediately reverse a handful of new policy changes required for business license renewals.

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Opposition: Gov't making it harder to do business in The Bahamas

NASSAU, BAHAMAS — Calling it "shameful" that the private sector has blasted the government for recent policy decisions, Opposition Shadow Finance Minister and East Grand Bahama MP Kwasi Thompson criticized the Davis administration for subjecting Bahamian micro and small businesses to "excessive new measures and burdens."  "During our administration, significant steps were made to reduce...

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PM says "the law is the law" on VAT treatment of medical insurance

NASSAU, BAHAMAS — Prime Minister Philip Davis said yesterday that "the law is the law" as he defended the decision by the Ministry of Finance to stop insurers from recovering the 10 percent VAT paid on health insurance claims payments. Opposition spokesman on Finance, Kwasi Thompson yesterday insisted that the actions of the Davis administration [...]

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Ministry of Finance Statement on the Mandatory Electronic Submission of Customs Documents

Recent reports in the media have repeated false assertions about the Ministry of Finance’s proposal to require electronic submissions of all customs documents. In addition, individuals have raised questions surrounding the legality of this mandate.

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MoF defends new customs system

The Ministry of Finance said yesterday that its new customs electronic data interchange (EDI) system - which allows customs brokers to electronically submit all their documents - seeks to reduce the more than $50 million in revenue leakage which occurs each year. In a statement, the ministry also said the two platforms that brokers and individuals importing ...
The post MoF defends new c...

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Brokers urged: Sell based on customer needs

INSURANCE brokers were yesterday urged to sell based on their client's needs rather than to maximise their commissions, to guard clients' confidential information and not to misuse client's premiums for their own ends at an industry conference yesterday.

Speaking at the Bahamas Insurance Brokers Association's (BIBA) conference, Dashwell Flowers, president of Assured Financial Services Insurance...

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