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News : Local Last Updated: Jan 29, 2015 - 4:59:05 PM
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News : Local
COB President Shares Vision of Institution’s National Development Leadership - Jan 29, 2015 - 4:56:50 PM

In an address that sought to elicit the support of the public and private sectors in driving the resiliency of the future University of The Bahamas, College of The Bahamas President Dr. Rodney D. Smith has revealed how the institution will bring leadership to the national development planning process, strengthen its productivity in research, and solidify even more partnerships to meet key objectives.

President Smith was one of several key speakers at the Bahamas Business Outlook held on Thursday, January 29th at the Melia Cable Beach Resort and delivered a speech entitled “The Role of The University of The Bahamas in Our Society”.

News : Local
Fred Smith, QC: Mitchell’s absence from immigration debate is lamentable - Jan 28, 2015 - 6:56:13 PM

I was disappointed to learn that Minister of Foreign Affairs and Immigration Fred Mitchell is currently out of the country and therefore will not be available to take part in the upcoming COB debate on his controversial new immigration enforcement policy (today at 6pm, Harry C. Moore Library). I was looking forward to a lively and constructive discussion with the minister on the legality of the policy and its consequences for human rights in The Bahamas.

I maintain that the new policy, launched on November 1, 2014, involves several fundamental violations of the Constitution of The Bahamas, and is therefore unlawful. It is also my contention that harsh though it is, the policy is nothing more than a superficial, attention-seeking exercise designed to distract from the many failures of the PLP administration...
News : Local
Display of counterfeit VAT certificates a serious offence - Jan 26, 2015 - 12:20:17 PM

Nassau, Bahamas - The public is advised that individuals can face fines or other penalties if they are found with counterfeit certificates displayed in their business.

According to the First Schedule (Regulation 44), Sections 4 (4) “Not being a taxable person, or being an unregistered taxable person, collecting, advertising or quoting VAT in respect of a taxable supply made to another person”, such contravention of this provision is a very serious offence liable to a fine of up to $50,000 or imprisonment for a term not exceeding two years or both fine and imprisonment...

News : Local
Cable Bahamas Ltd "beefs up" executive team as it pushes for the country's second mobile license - Jan 26, 2015 - 8:56:53 AM

Nassau, Bahamas - In a move to strengthen its executive team and prepare for opportunities ahead, Cable Bahamas Ltd announced today the addition of David Burrows and David Van Dyke to their senior executive group.

"David Burrows, our new vice president of marketing, who has demonstrated his ability in taking a strategic vision and executing on that vision, will strengthen Cable Bahamas' position as the industry leader," said Anthony Butler, president and CEO. "With a proven track record for successfully leading large-scale initiatives and driving innovation, David's leadership skills are well suited to lead Cable Bahamas' development efforts as we continue in our mission to revolutionise the telecommunications sector in The Bahamas," added Mr Butler...
News : Local
Manatee brings $232,000,000 operation to a halt in The Bahamas - Jan 23, 2015 - 4:15:25 PM

Recently the $232,000,000 Royal Bahamas Defence Force Sandy Bottom Project came to an abrupt halt when a large manatee showed up. The dredging crew saw it earlier in the morning. The trouble after that was finding where it went. The fingers are an extension of the jetty used to track the ship lift and it was there at about 1000 hours that the manatee surfaced again.

“One trick I learned a few years back was to hang a fresh water hose overboard and it will come up to drink,” said Commander Adrian Chriswell.

The creature must have been thirsty. It drank more than 5 gallons...
News : Local
Task Force Pleased With VAT Implementation - Jan 23, 2015 - 3:15:13 PM

Nassau, Bahamas -  Since its implementation on January 1st, most businesses have been compliant and have successfully implemented Value Added Tax (VAT) to assist with reducing the government deficit.

To date, over 6,500 businesses have registered.

The Private Sector Education Task Force is pleased with VAT implementation and have been on a media blitz over the past two weeks receiving feedback from the public.
News : Local
Franklin, Tennessee, couple creates scholarship for Bahamian students to attend MTSU - Jan 23, 2015 - 2:51:45 PM

GREAT EXUMA, Bahamas - A Franklin, Tennessee, couple who founded a network of substance-abuse treatment clinics has funded a special, targeted scholarship that will allow students from a high school in the Bahamas to attend MTSU.

Michael and Tina Cartwright, who have a second home in The Bahamas, wanted to help students from L.N. Coakley High School in Great Exuma develop expertise through higher education that, in turn, would help benefit others on the island of Exuma...
News : Local
Only VAT registrants can charge VAT - Jan 22, 2015 - 6:57:56 PM

The public is advised that businesses registered for Tax Identification Numbers (TINs) only areNOT allowed to charge Value Added Tax (VAT). The TINs only allow the business to make transactions with the government and collect refunds on those transactions but they cannot charge VAT.

Only businesses registered for the tax can charge VAT. These businesses are known as VAT Registrants.

Once registered, they will be given a VAT Registration Certificate and a VAT Registration Number. These businesses that can charge and collect VAT, on behalf of the government (VAT Registrants) MUST prominently display the VAT Registration Certificate...
News : Local
Royal Bahamas Defence Force Officers Complete Overseas Course - Jan 22, 2015 - 1:01:18 PM

Coral Harbour Base –Lieutenants Gordon Roberts, Elvis Bullard, Jeremy Allen, and Sub Lieutenant Shawn Evans are the newest addition to the Officers Corp of the Royal Bahamas Defence Force after successfully completing the Officer Indoctrination School and Officer Candidate School, New London, Connecticut.

The rigorous seventeen-week Coast Guard course was sponsored by the United States International Military Education Training Program (IMET), and conducted at the United States Coast Guard Academy in New London, Connecticut, from 11 August through 25 November 2014.
News : Local
Resorts World Bimini Hosts ‘16 Weddings, 16 Islands, One Priceless Day’ Nuptials - Jan 21, 2015 - 12:34:32 PM

Bimini, Bahamas – On January 16th at 16:00 hours, a dream came true for Christina Gaston as she married the love of her life at Resorts World Bimini (RWB), as part of the Bahamas Ministry of Tourism’s ‘16 Islands, 16 Weddings, One Priceless Day’ promotion. She and newlywed husband Rudy Leschhorn said their “I do’s” before family and friends at one of RWB’s breathtaking island seascapes under the watchful eye of the resort’s professional wedding planners.

The threat of inclement weather did not put a damper on the romantic ceremony which was officiated by Island Administrator Oscar Munroe. An islander at heart and descendant of Cuba, Cristina has always been fascinated by The Bahamas’ beautiful beaches, crystal clear waters and tranquil island vibe which she came to love during her frequent visits to the country...
News : Local
Gas prices are VAT inclusive - Jan 21, 2015 - 12:31:18 PM

It has been brought to the attention of the VAT Department that certain gas stations are charging VAT in addition to the value displayed at the pumps.

The public is advised that the value displayed on the gas pump includes the VAT.

The public is further advised that all gas stations will provide a receipt showing the breakdown of the VAT inclusive pricing upon request.

News : Local
Bahamian banks allowed to charge VAT on fees that are explicit in nature - Jan 20, 2015 - 12:57:26 PM

Nassau, Bahamas - The Value Added Tax (VAT) Department of the Ministry of Finance wishes to advise the public that banks are allowed to charge VAT on fees that are explicit in nature.

Explicit fees are those bank charges where a fixed amount is collected for services offered. These amounts can also be represented as a percentage of a particular figure. Examples of these are fees charged for ATM withdrawals, safety deposit boxes, annual credit card fees and service fees on savings accounts...

News : Local
Bahamian Holidays for 2015 - Jan 18, 2015 - 3:56:15 PM

Nassau, Bahamas - The following days will be observed as Public Holidays during the Year 2015:

New Year's Day                    1st January
Majority Rule Day                 12th January
Good Friday                         3rd April
Easter Monday                     6th April
Whit Monday                        25th May...
News : Local
Fire on Andros Campus of the Bahamas Agriculture and Marine Science Institute (BAMSI) - Jan 16, 2015 - 12:55:43 PM

Last night, 15th January 2015, reports were received that one of the buildings on the campus of the Bahamas Agriculture and Marine Science Institute (BAMSI) was on fire. We were and are saddened by the news – saddened, but not broken nor distracted.

Prior to this Government coming to office, two decades saw virtually no public sector investment in infrastructural upgrade, manpower development and public/private sector partnership of food production. Agriculture was on the decline in terms of interest, acreage, and farmers.
News : Local
Bahamian to receive Queen's Young Leader Award - Jan 16, 2015 - 12:08:04 AM

Alicia Wallace from The Bahamas is one of 60 young people from across the Commonwealth who are being recognised as exceptional leaders in their community. These 60 young people are the first ever to receive a prestigious Queen’s Young Leaders Award.

The Award, which will be presented in London by Her Majesty The Queen in June, and is part of The Queen’s Young Leaders Programme, celebrates the achievements of young people who are taking the lead to transform the lives of others and make a lasting difference in their communities...

News : Local
GBHRA: Where is Jerome Fitzgerald? - Jan 14, 2015 - 11:31:35 PM

This month marks the third anniversary of the massive and dangerous gasoline leak from a fuel station on Robinson Road, yet the pleas of Marathon families for a guarantee of their safety and security have fallen on deaf ears.

So far, the government has done little but give lip service to caring about the health of these citizens and the integrity of their property, but the Christie administration has not lifted a finger to actually help them.

Where is Jerome Fitzgerald? The Marathon MP and Minister of Education, who has continually asserted his care and concern for the next generation, must know that there are many children...
News : Local
Chic Bahamas Weddings Wins WeddingWire Couples' Choice Award® 2015 - Jan 9, 2015 - 6:37:03 AM

WeddingWire, the nation's leading online wedding marketplace, named Chic Bahama Weddings as a winner of the prestigious WeddingWire Couples' Choice Awards® 2015 for wedding planning, ceremonies and receptions in the Bahamas, four years running!

Chic Bahamas Weddings, a leading event planning and design company is based in the Bahamas and offers full service, partial and day of planning at Pelican Bay at Lucaya, Grand Bahama Island, Turquoise Cay Boutique Hotel, Exuma and throughout The Islands of The Bahamas. Chic Bahamas Weddings also won The Knot 2015 Best of Weddings...
News : Local
Bahamas Press Club on Paris shootings - Jan 8, 2015 - 2:18:05 PM

The Bahamas Press Club 2014 is aghast at the brazen attack on the Paris office of the weekly publication Charlie Hebdo, where 12 people were killed.

An attack on Journalists and Freedom of the Press anywhere in the world is as close to home as an attack on Journalists and news outlets in The Bahamas and should be condemned.

“We hope that those responsible for this immeasurable tragedy are brought to justice.”

News : Local
BTC Issues Statement on VAT - Jan 8, 2015 - 1:59:05 PM

The Bahamas Telecommunications Company Limited, BTC is responding to customer complaints about the ‘double charging’ of value added tax on prepaid mobile top-up by vendors. For clarity, BTC wishes to advise that VAT is not charged at the point of purchase for mobile top-up. VAT is charged at the point of usage only for all prepaid mobile services. As such customers are charged VAT for all calls, text messages, and data plans.

BTC CEO, Leon Williams stated “BTC has been preparing for VAT for over one year. We’ve had numerous training sessions with our employees and our master distributors to ensure that everyone was informed and trained prior to the implementation of VAT...
News : Local
Galleria Cinemas Denies Allegations Of Price Gouging - Jan 8, 2015 - 1:40:12 PM

In the days following the implementation of Value Added Tax (VAT) businesses and consumers alike have dealt with the shocking changes to our economic environment. In the run-up to January 1st, government officials offered nothing but unclear, and often confusing proclamations from on the new tax system. Since its formal implementation, the local business community has been forced to essentially navigate the course with blinders on.

Over the past few days Galleria Cinemas, like many companies has attempted to adapt our current model in a bid to continue offering our services. In recent days detractors have attempted to paint Galleria as a company only concerned with its bottom line. A company seeking to pull the wool over the eyes of our long standing and faithful customers...
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