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Last Updated: Jan 29, 2015 - 4:59:05 PM
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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”.
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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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...
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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.”
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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...
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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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