Natario McKenzie



Natario McKenzie Stories

Business

INCREASE MINIMUM WAGE, DECREASE VAT: PLP releases economic plan

NASSAU, BAHAMAS — The Progressive Liberal Party (PLP) yesterday promised that if elected to govern, it would recommend the country’s... read more »

Business

Davis: Country will go from “worse to catastrophic” if ‘business as usual’

NASSAU, BAHAMAS — Progressive Liberal Party (PLP) Leader Philip Brave Davis yesterday warned “things will go from worse to catastrophic”... read more »

Business

MONUMENTAL LOSSES: WSC registers 30 percent revenue drop last year

Chairman boasts no customer has been disconnected despite losses NASSAU, BAHAMAS — The Water and Sewerage Corporation (WSC) suffered a... read more »

Business

FINTECH MILESTONE: Kanoo becomes first AFI with Sand Dollar digital currency interoperability

NASSAU, BAHAMAS — Five months after the Central Bank of The Bahamas officially launched the Sand Dollar, local authorized financial... read more »

Local

CARDED AT BIRTH: NIB and Immigration Dept working on national ID card

NASSAU, BAHAMAS — The National Insurance Board (NIB) is collaborating with the Department of Immigration to produce a card that... read more »

Business

STICKY FINGERS: Major retailer bemoans dramatic increase in shoplifting

Plastics ban leading to security concerns, says AID head NASSAU, BAHAMAS — A major Bahamian retailer said yesterday it has... read more »

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Business

STILL IN THE TRENCHES: Taxi drivers demonstrate again; threaten to “vote them out” if govt does not fulfill promises

“They just keep kicking the can down the road and use COVID as an excuse” NASSAU, BAHAMAS — Taxi drivers... read more »

Business

Bahamas has highest on-time VAT filing rates in the region, IDB study reveals

NASSAU, BAHAMAS — The Bahamas has the highest on-time filing rates for value-added tax (VAT) in the region, a new... read more »

Business

Fiscal Responsibility Act could benefit from improvements, IDB senior consultant suggests

NASSAU, BAHAMAS — While the Fiscal Responsibility Act (FRA) represents a “major step” towards strengthening this nation’s fiscal framework, it... read more »

Business

EBBS AND FLOWS: D’Aguilar says expect fluctuation in hotel sector until tourism rebound

NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar yesterday acknowledged there will be “ebbs and flows” in the hotel sector as... read more »

Business

“MORAL HAZARD”: Economist warns against govt’s real property tax forgiveness programme

Bowe: Don’t reward delinquency Financial secretary insists govt has been trying to collect arrears NASSAU, BAHAMAS — A leading accountant... read more »

Business

Central Bank confirms three additional authorized financial institutions for Bahamian digital currency

NASSAU, BAHAMAS — The Central Bank has confirmed that three additional financial institutions have been authorized to distribute the Sand... read more »

Business

GOLDEN LINING: Tourism minister notes high-end tourist market thriving despite pandemic

NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar said today that despite the impact of the pandemic on global tourism and... read more »

Business

ON THE DECLINE: Tourism numbers still trending down, Central Bank reports

NASSAU, BAHAMAS — The Bahamas saw total foreign arrivals last year drop by just over 75 percent, according to the... read more »

Business

WATER UNDER THE BRIDGE: Govt plans to forgive up to 50 percent of real property tax arrears

Prime minister urges Bahamians to take advantage of tax forgiveness programme  NASSAU, BAHAMAS — The government is providing Bahamian property... read more »

Business

Central Bank: Private sector arrears up $12M in January

Only “marginal” economic growth projected for 2021 NASSAU, BAHAMAS — Total private sector arrears rose by just over $12 million... read more »

Business

Doctor’s Hospital sees revenue rebound driven by focus on COVID support

Hospital provides over 150,000 COVID-19 tests over the past 12 months, more than 90,000 of which were rapid antigen tests... read more »

Business

Cooper: Country’s debt problem needs to be addressed

NASSAU, BAHAMAS — The Bahamas must seriously address the country’s debt problem and be restored to a path of sustainable... read more »

Business

HOUSING ON THE HORIZON: Minnis promises more low-cost serviced lots to come

NASSAU, BAHAMAS — Prime Minister Dr Hubert Minnis today announced that through a public-private partnership (PPP) arrangement, the government will... read more »

Business

STILL ON THE TABLE: Chairman insists BPL “working hard to close” on Shell agreement

“We are negotiating the best possible deal for the Bahamian people” Still no timeline for rate reduction bond NASSAU, BAHAMAS... read more »