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Attorney: VAT to cause 'downward pressure' on professional fees
Recognizing that there are still "gaps" in the draft legislation, a top attorney has argued that introducing a value-added tax (VAT) this summer will force a "downward pressure" on professional fees in the real estate sector.
According to Christel Sands-Feaste, a partner at the law firm Higgs & Johnson, as it stands VAT will cause profit reductions for realtors, as clients begin to insist that "so...
BTC outfits students to head back to school
BTC outfits students to head back to school
More than 100 youngsters from the New Providence Urban Renewal went back to school prepared, courtesy of the Bahamas Telecommunications Company (BTC) after a recent fun day during which they were showered with school supplies, given haircuts, health and dental checks and tips and heard a motivational talk...
Summer's last blast
Summer's last blast
It's official, summer is over, and it's time to head back to school. But in one final hurrah to the summer break, the Saxons Superstars bellers and Kananga Entertainment are hosting a Back 2 School Jamboree....
Cypriot Government takes 10% of Peoples savings
Cypriot Government takes 10% of Peoples savings
Cyprus has become the latest eurozone nation to apply for a bailout amidst a financial crisis linked to debt defaults in neighboring Greece. The Mediterranean island has a huge banking sector and its public debt is expected to match GDP within the next decade. Proposals to tax existing bank deposits as part of a rescue package have alarmed investors.
Membership drive a success Men of distinction reach out to the community
Following the success of its back-to-school event, Toastmasters Club 1600 staged a membership drive over the weekend, in a bid to further revitalize the non-profit organization which works to develop public speaking and leadership skills amongst members.
Alcohol Destroying The Bahamas
Alcohol Destroying The Bahamas
Dear Editor,
Bootlegging was the smuggling and selling of alcohol at exorbitant prices. Back in the 1920s the selling of alcohol was illegal and hence this opened the door for an industry where gangsters and mafia characters thrived.
Rt Hon Perry G Christie Speech Marco City & East Grand Bahama Launch 10 March 2012
Hello, Grand Bahama!
Look at all of you ? aren?t you amazing?! You look like you?re ready for a new direction! A new direction and a new day!
Grand Bahama, are you with us? Are you marching to victory with the PLP?
Are you ready for change, Grand Bahama?
We?re ready, too!
Christie vows to create jobs during 'tough times'
Christie vows to create jobs during 'tough times'
Highlighting what he called "unimaginable suffering" in Grand Bahama, Progressive Liberal Party (PLP) Leader Perry Christie on Saturday night vowed that his administration would create jobs during tough times.
Speaking at a political event in Marco City, Christie said unemployment in Grand Bahama is "through the roof" and "young Bahamians, old Bahamians and everyone in between [are] out of work an...
The Impact of the Greek crisis on Investors
The Impact of the Greek crisis on Investors
For more than a year now the economic crisis in Greece has been a prominent feature in international financial publications.
Bald, beautiful surviving
Bald, beautiful surviving
No one ever thinks they will develop cancer. Cassandra Lewis-Moore was one of those people. The 34-year-old thought there was a possibility she would get diabetes as it'runs'in her family, but she never thought cancer would happen to her. But during the eighth month of pregnancy with her first child in October 2010, she felt a huge lump in one of her breasts. She knew something was wrong. She soug...