With crime, squalor and poverty so rampant in his own constituency, how can Bernard Nottage fix his face to request for money for him and his greedy, incompetent parliamentary colleagues?
It looks like a perfect storm of economic and fiscal challenges is descending on our heads – due mostly to the long-term avoidance of hard choices by one administration after the other in the interest of political expediency.
The current economic model of The Bahamas has been described as “unsustainable” by Dr Daniel Johnson, Minister of Youth, Sports and Culture.
The government’s draft value-added tax (VAT) legislation needs “substantial” changes, New Zealand VAT expert Don Brash said yesterday.
The injection of capital in the form of foreign direct investment, in the way we have welcomed it, may serve well as a last resort to boost economic activity, but as a long-term growth model it is worrisome.
The region’s hotel occupancy fell by 0.4 percent in March compared to the same month in 2013, following a similar year-over-year decline in February.
When is the last time in this country’s history you’ve seen so many commercial and offshore banks downsize all within a single fiscal year?
Last week, an investment arm of the Dubai government, Investment Corporation of Dubai (ICD), bought a major stake in Kerzner International and that the company’s founder, Sol Kerzner, was replaced as chairman.
While most Bahamians appreciate the essential role that tourism plays in our economy, lives and livelihoods; there is a need to further clarify the tax and revenue contributions to our economy. The goal is to dispel any myths about this industry. We all stand to pay a hefty price if rhetoric drives public taxation policies.