National
GB Chamber of Commerce Weighs in on NIB Rate Hike
GRAND BAHAMA, BAHAMAS – The threat of an increase at the National Insurance Board looms. The island’s Chamber of Commerce President, John Carey, says there remains some confusion, adding that more consultation with the business community is needed.
GRAND BAHAMA, BAHAMAS – The threat of an increase at the National Insurance Board looms. The island’s Chamber of Commerce President, John Carey, says there remains some confusion, adding that more consultation with the business community is needed.
On Tuesday, Minister responsible for NIB Myles Laroda said if NIB doesn’t see a rate increase this year, then the fund will lose $95 million.
It has been reported that cabinet agreed to a 1.5 percent increase that is expected to take effect July 1.
There has only been one NIB rate increase and that was back in 2010.
Carey says it’s never a good time for contributions to go up.
Blaze Threatens Community As Residents Rush To Contain It
26 Defence Force Firefighters Deployed To Assist Local Effort
PM: “May Your Walls Echo With Laughter, And Be Sanctuaries For Memories”
PM Calls For All Hands On Deck Following GB Fires
SME’s Told “Don’t Put All Your Eggs In One Basket”
Suicide Spike Sparks Alarm As Government Eyes New Solutions
-
Court2 days agoDecision Upheld To Strip Pharmacist With Degree From McHari Institute
-
Court1 day agoTeen Charged With Killing Man On Bail Outside Australia Ave. Home
-
Court1 day agoTrial Date Set For Former Top Cop, Lawyer And Officer
-
Court1 day agoInmate Facing Murder Charge Over February Stabbing At BDOCS
-
National3 days agoLPIA Completes Major Upgrades to Runway 14/32 Ahead of Schedule
-
International1 day agoPope Francis’ Doctors Admit They Considered Ending His Treatment
-
International2 days agoSix Killed Off Egypt After Tourist Submarine Sinks
-
International1 day agoSuriname: Rubio Says US Foreign Policy ‘Needs Revision’