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Road Project Frustration Major Story In 2011
Road Project Frustration Major Story In 2011
It was a bumpy ride in 2011, fraught with numerous diversions and delays, all as a result of the New Providence Road Improvement Project (NPRIP).
The project dominated headlines in 2011.
Road project frustration major story in 2011
Road project frustration major story in 2011
It was a bumpy ride in 2011, fraught with numerous diversions and delays, all as a result of the New Providence Road Improvement Project (NPRIP).
The project dominated headlines in 2011.
In September, members of the Public Accounts Committee (PAC) of the House of Assembly started a probe into how public funds were being spent on the project.
The Nassau Guardian later learned that the PAC found the...
Businesses upping pressure against VAT
Businesses upping pressure against VAT
With the implementation of value-added tax (VAT) just five months away, more businesses are joining the anti-VAT campaign and are petitioning their customers to do the same.
One business owner referred to VAT as "crazy", while another said the implementation of VAT could push poor people "over the edge".
Several business owners have erected posters throughout their stores, highlighting the impact ...
Businessman raises concerns about quality of BTC service
A PROMINENT businessman yesterday raised concerns about BTC's quality of service amid the attention being given to the new deal between Cable & Wireless Communications (CWC) and the government.
Another public fight for the government
Another public fight for the government
At the beginning of 2013, the battle lines were well established. The numbers bosses, who were supported by the Progressive Liberal Party (PLP) administration, were on one side seeking the legalization of web shop gaming and a lottery. Their primary opponent was the church.
Both sides stated their cases in the public sphere. After the votes were tallied, the PLP and the numbers bosses lost.
Thi...
VAT decision 'more important battle' than election
VAT decision 'more important battle' than election
The decision about what form tax reform should take is more significant for the future of The Bahamas than the results of any general election, a top businessman has argued, as he urged businesses nationwide to act in their own best interest by contributing to a $180,000 fund estimated to be needed by the Coalition for Responsible Taxation to conduct its own "VAT alternatives" economic analysis an...
VAT commissioner's powers questioned
VAT commissioner's powers questioned
A prominent businessman has suggested that powers given to a value-added tax (VAT) commissioner under draft legislation are "setting a dangerous precedent" and may be unconstitutional...
New public holiday 'a burden'
New public holiday 'a burden'
Prominent figures in the business community say that adding another public holiday will only hurt the economy. In fact, one businessman described it as a "jook" in the heart of the business community and the economy.
On Friday, Governor General Sir Arthur Foulkes signed off on the Majority Rule Act, proclaiming January 10 a public holiday that will be recognized as Majority Rule Day. It's a deci...
'Revenue court' gets mixed reviews
'Revenue court' gets mixed reviews
Business stakeholders are offering mixed assessments of the government's decision to create a "revenue court" which would deal with tax and other revenue-related infractions, with some suggesting that it's a step in the right direction and others indicating that the government should be focusing on educating businesses on their obligations under the new VAT regime...
Govt must not 'overburden' business
Govt must not 'overburden' business
The government must "get out of the way" of private business if there is to be any hope of stimulating additional employment in the economy, and should ensure that it is being as "strategic" as possible in its new taxation measures to avoid strangling private enterprise, a former minister has warned...