Tag: ewnews.com
GBPA agrees with PM’s call for “decisive action”, but urges collaboration
NASSAU, BAHAMAS — The Grand Bahama Port Authority (GBPA) said yesterday that it agrees with Prime Minister Philip Davis that “decisive action” is required to continue to achieve the promise of the Hawksbill Creek Agreement, as it outlined a number of issues that need to be addressed. Prime Minister Philip Davis during his 2023/2024 budget communication […]
C&W ready for 2023 atlantic hurricane season
MIAMI, FLORIDA — C&W Communications, operators of the Flow, Flow Business, C&W Business, and BTC brands in the Caribbean, has confirmed the readiness of its hurricane preparations across the region ahead of the 2023 Atlantic Hurricane Season, which begins on June 1. Although early hurricane forecasts from Colorado State University and The Weather Company are […]
STAY TUNED: Halkitis says NIB issue will be addressed during budget debate
NASSAU, BAHAMAS — While prime minister Philip Davis made no mention of the National Insurance Board (NIB) during his 2023/2024 budget contribution, he will address the issue when he kicks off the budget debate, Economic Affairs Minister Michael Halkitis assured. NIB’s current state was predicted more than two decades ago by its seventh actuarial review—completed […]
‘Reaching the streets’ initiative unveiled to mentor troubled youth
NASSAU, BAHAMAS — In response to the escalating concerns over crime and violence in the Bahamas, a group of professionals consisting of Dave Burrows, Carlos Reid, and Eric Fox has launched an initiative called “Reaching the Streets.” The effort aims to educate and engage various segments of society in combating crime and providing mentorship to […]
Government revenue at $2.1 billion for first nine months
Prime Minister touts improvements in the country’s financial health NASSAU, BAHAMAS — Government revenue for the first nine months of fiscal year 2022/2023 amounted to $2.1 billion, representing a 14.5 percent increase compared to the previous year and nearly 74 percent of the budget forecast. Total expenditure increased by $145.3 million to a total of […]
Opposition warns businesses of tax pressure as PM pledges improved compliance and enforcement
NASSAU, BAHAMAS — The Official Opposition issued a warning yesterday, cautioning businesses to anticipate continued government pressure in tax collection. Free National Movement Leader Michael Pintard expressed those concerns following the budget communication, during which Prime Minister Philip Davis pledged no new taxes but emphasized improved tax compliance and enforcement. “The level of pressure they […]
