The property market is suffering under the 12 percent stamp tax, a leading realtor claims, as the increase is now making it very difficult for foreigners to realistically see a return on an investment.
John Christie, the vice president of HG Christie Ltd, told Guardian Business
Guardian Exclusive: Project won’t be completed before Sept
The multimillion-dollar airport gateway project will cost Bahamian taxpayers about $3 million more, The Nassau Guardian has learned.
According to Director in the Ministry of Public Works John Canton, the project is behind schedule and over budget.
“We had to revise the budget. As a result of
Police are investigating the country’s latest murder, the fatal shooting of a 35-year-old man on Saturday.
The incident reportedly occurred shortly before 11 p.m. on Golden Isles Road.
Police said the victim was in a Haitian village along with a group of people when they were approached
Police officials reported that on Saturday officers engaged three robbers in a high-speed chase which ended in a shootout between the police and the suspects.
Officers were responding to a report of an armed robbery at Burger King on West Bay Street at around 6:10 p.m.,
The Bahamas Mortgage Corporation (BMC) has taken more than 20 Bahamians to court this month in a bid to collect some of the $80 million owed to it in delinquent loans, The Nassau Guardian has learned.
However, that is just the tip of the iceberg. As
Police arrested five people over the weekend in connection with drug possession.
The first incident occurred around 10 a.m. on Friday when two men, ages 31 and 30, were arrested at Brougham Street off Market Street.
Police said the men were found in possession of a quantity
Progressive Liberal Party (PLP) Leader Perry Christie said that his party is in the process of confirming its list of candidates following the release of the final report of the Boundaries Commission, which eliminated and adjusted a number of constituencies.
“We are in the process of
It was reported recently that a local fast food franchise informed its staff that there would be no Christmas bonuses paid this year. Management explained further that the business was facing challenges because of the economic recession and increased competition in the industry. As could