Group Title: Tribune. (Nassau, Bahamas).
Title: The Tribune
ALL ISSUES CITATION THUMBNAILS ZOOMABLE PAGE IMAGE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00084249/00042
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau Bahamas
Publication Date: February 21, 2005
Copyright Date: 2005
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( marcgt )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Bibliographic ID: UF00084249
Volume ID: VID00042
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850

Full Text








"TRY OUR F11
FILET-O-FISH" i
i'm i ovin' it,

HIGH 74F
LOW 61 F

SUNNY AND
_ PLEASANT


Volume: 101 No.75


The


Tribune


#1 PAPER IN CIRCULATION


he AHAMAS EDITION
BAHAMAS EDITION


MONDAY, FEBRUARY 21, 2005


t Am
IN. y ~ l


Commune les o e$


lo


Urban Renewal


chief warns of


more instability


* By PACO NUNEZ
Tribune Staff Reporter
THE Nassau Village Riot is
the symptom, of a widespread
dilemma, and other communi-
ties are set to "explode",
according to Urban Renewal
Project director Dr David
Allen.
Appearing on the Island FM
Radio talk-show Parliament
Street yesterday, Dr Allen
named Fox Hill and The Mud
community in Abaco as exam-
ples of other places that could
be about to "blow up".
According to Dr Allen,
young Bahamian men are suf-
fering from a condition charac-
terised by "abandonment, rejec-
tion and shame".
This, he said, is due to a num-
ber of factors, including the lack
of father figures in many fami-
lies, and the difficulties faced
by young men born to non-
Bahamian parents.
"The fathers have been mas-
sacred in the Bahamas through
AIDS and cocaine; the men just
ain't there in the homes any-
more.
"Plus you have immigrant sit-
uations, where young boys are
growing up 'un-bonded'," Dr
Allen said.
This, he said, leads to a need
to display an attitude of "invin-
cibility", which often leads to
violence if young men feel
themselves challenged in any
way.
Dr Allen said it was this atti-


tude that was at the root of the
riot in Nassau Village that left
three civilians and two police
officers injured.
According to Dr Allen,
although the Urban Renewal
Project was set up in an attempt
to tackle just this problem, his
efforts to establish a centre in
Nassau Village two years ago
with local Pastor Ishmael Mar-
tin, did not get the necessary
support.
He said that members of both
the government and the oppo-
sition had failed to help, as did
various church officials.
"I tried to have an apolitical
approach to this whole urban
thing, but everywhere I go, I
find political tribalism and
denominational tribalism," he
said.
According to Dr Allen, his
efforts to set up urban renewal
centres in other danger areas
have also been met with indif-
ference. He warned that if atti-
tudes do not change, more
instability may not be far off.
"The next one is the Mud in
Marsh Harbour; it's going to
fire soon. For God sake gov-
ernment do something. The
next one is Fox Hill, there's a
war in Fox Hill going on," he
said.
Chief Superintendent of
Police Marvin Dames was also a
guest on the show. He urged
Bahamians to acknowledge and
respect the role of the police.


SEE page 11


* By PACO NUNEZ
Tribune Staff Reporter
A VIOLENT weekend
culminated in the eighth
murder of the year on Sat-
urday night when a 19-year-
old youth was stabbed to
death outside the Mall at
Marathon.
Police report that a string
of armed robberies also took
place across New Provi-
dence.
According to Supt Hulan
Hanna, 19-year-old Bran-
don Pierre was leaving Gal-
leria Cinemas at Marathon
Mall at around 8pm on Sat-
urday with a group of
friends when he was accost-
ed by several men.
One of the men is report-
ed to have grabbed Mr Pier-
re's neck chain, and then to
have stabbed him in the left
side of the chest.
The victim was able to
escape his attacker, and ran
to the mall branch of Domi-
no's Pizza, which was open
at the time.
He is said to have col-
lapsed and died in front of
Domino's employees.
Yesterday police could
only confirm that investiga-
tions into the incident are
continuing, but according to
Galleria staff, Mr Pierre may
have been stabbed because
he attempted to prevent the
men from robbing him.
Mr Hanna said that short-
ly after the incident, police
apprehended a 21-year-old
resident of Raymond Street,
off Claridge Road and a 19-
year-old Pinewood Garden's
youth.
Mr Hanna said that the
SEE page two


Bozine Town residents 'will march on Cabinet'


* By CARA BRENNEN
Tribune Staff Reporter
FRUSTRATED residents of Bozine
Town and Knowles Drive have vowed to
march on Cabinet tomorrow morning.
They claim their pleas to government for
assistance in their long disputed land row
have fallen on deaf ears.
On Sunday, the steering committee
held a town meeting at the Lakeview


Church of God urging all residents to
join them in a protest and march on Bay
Street on Tuesday morning.
According to Idell Gray, the steering
committee has already requested per-
mission to assemble from police Com-
missioner Paul Farquharson and was
referred to the Cabinet Office. While on
Sunday permission had not yet been
granted, she urged residents to come pre-
pared to participate in an orderly and


peaceful demonstration.
Ms Gray said the residents are disap-
pointed with government's silence. The
aim of the protest will be to make their
voices heard and sensitise the prime min-
ister and other ministers to the plight of
the residents.
She reminded residents at the meeting
that they are fighting for more than just
SEE page 11


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Youth club keeps it clean
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(Photo: Mario Duncanson)


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19-year-old is




stabbed to death



outside of




Marathon Mall


FROM page one


I IN SU
CORPORATE CENTRE: EAST BAY STRC O M
CORPORATE CENTRE: EAST BAY STREET, NASSAU


two young men are currently
being questioned in connection
with the incident.
At 7.45pm on Friday two
men robbed the Diamond's
Fishing and Community
Store on Montrose Avenue.
Mr Hanna said that one
of the men was wearing a
green shirt and jeans 'and
was carrying a handgun.
The other man was also
wearing a black ski mask,
according to witnesses.
The men reportedly
demanded money and were
handed an undetermined
amount of cash.
Mr Hanna said the men
then locked employee
Glenys Gaitor and a male
customer in the bathroom


before making their escape.
He said that they were
both unharmed, and that
investigations are continu-
ing.
Sometime after 6pm on
Saturday, employee Mari-
lyn Munroe was leaving the
Central Gas Company on
Gladstone Road area after
she and three other staff
members had closed the
establishment for the day.
Ms Munroe had reported-
ly approached her vehicle
when a gold Nissan Sentra
pulled up and a man got
out.
Mr Hanna said that the
man demanded Ms
Munroe's handbag. She saw
another man seated in the
back of the car holding a
handgun.
He said Ms Munroe hand-
ed over her bag, which con-
tained "substantial funds"
belonging both to herself
and the Central Gas Com-
pany, as well as several
items of jewellery and a
Bahamian passport.
The vehicle then fled the
scene, Mr Hanna said.
He said police investiga-
tions are continuing.
Katherine Klainguti was
the victim of an armed rob-
bery at around 10.30pm on
Saturday.
Mrs Klainguti, a resident
of Caprice Apartments on
Cable Beach, was at home
when she heard a noise and
went to investigate.
She was accosted by a
man who is reported to
have been armed with "an
object" and was robbed of
$2000 cash and personal
effects.
Mr Hanna said the sus-
pect fled the scene with the
victim's 2005 red Toyota
Rav 4, registration
unknown.
He said police are follow-
ing some significant leads.

TROICA

EXER IATR


it's our birthday


-- --


PAGE 2, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE


A;... *'*:.,.,









T HERBUNEMONAYFERUARY2,2005,L PAGES


Marathon Mall employees




are 'living in fear of gangs'


* By PACO NUNEZ
Tribune Staff Reporter
THE murder of a young man
outside Galleria Cinemas over
the weekend is part of the gen-
eral atmosphere of violence at
Marathon Mall, according to
store employees and managers.
Mall employees live in con-
stant fear of "gangs" of violent
young men that frequent the
mall, one store manager said.
Murder victim number eight
for 2005, 19-year-old Brandon
Pierre, was reportedly stabbed
to death while leaving Galleria
Cinemas with a group of
friends, at around 8pm on Sat-
urday. (See story page 1)
According to police, Mr


Weekend murder 'part of


atmosphere of violence'


Pierre was accosted by a group
of men and stabbed in the chest
by one of them.
The victim escaped from the
men and ran to the mall branch
of Domino's Pizza, where he
collapsed.
A manager at Domino's who
would only be identified as
Latoya, told The Tribune last
night that employees on duty


were startled to see Mr Pierre
stumble through the doors and
collapse on to the floor.
She said that there was very
little visible blood, but that she
assumed the victim was bleed-
ing internally, as he died on the
scene before an ambulance
could arrive.

Upset
Latoya, who was in the rear
area of the establishment at the
time, said that the staff at the
service counter had only been
"a little upset" by the incident.
Violence, she said, is nothing
new to those who work in the
mall.
According to Latoya, the mall
is the haunt of "a bunch of
gangs" who engage in violence


and commit criminal acts, often
against mall staff.
She said that Domino's staff.
is particularly afraid because it
is one of the only establishments
to remain open for business
after the mall closes in the
evenings.
The manager said that the
presence of police officers in
and around the mall seems not
to deter the young men who
commit violent acts.

Volatile
According to mall employ-
ees, Saturday is the most
volatile day .of the week.
"It's a kind of standing joke
over there that there will be
some sort of disturbance on Sat-
urday," one said.
Brass and Leather manager
Peter Phillips explained that
large groups of young men who
are obviously not shoppers
gather in the mall every Satur-
day afternoon.
He called the incident "fright-
ening", but not surprising.
Mr Phillips commended the
efforts of police and mall own-
ers to deal with the violence,


IND E


but said little had been accom-
plished.
"I don't know what the solu-
tion is," he said.
According to a Galleria Cin-
emas employee who asked not
to be named, late night staff do
not worry about crime or vio-
lence, only because security offi-


cers are present at the cinema at
all times, and escort employees
to their cars after hours.
The employee did not deny
that violence is a problem at the
mall, but pointed out that it is
becoming increasingly preva-
lent "everywhere you go" in the
Bahamas.


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you are raising funds for a
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award.
If so, call us on 322-1986
and share your story.


NW' 5


EFECiIVE 28


CONSIANIINE NEW 1:10 3:4u N/A b:Ub 8:25 1.u
CONSTANTINE NEW 2:10 N/A 4:40 N/A 8:10 10:35
BECAUSEOFWINN-DIXIE NEW 1:05 3:40 N/A 6:10 8:20 10:40
SON OF THE MASK NEW 1:20 3:50 N/A 6:15 8:15 %10.35
HITCH B 1:00 3:30 N/A 6:00 8:2 10:45
HITCH B 2:00 N/A 4:30 N/A 8:00 1030
POOH'S HEFFALMP B 1:10 2:50 4:30 N/A N/A NA
ALONE IN THE DARK C N/A N/A N/A 6:10 825 1050
HIDE & SEEK C 1:10 3:25 N/A 6:05 820 10:45
MILLION DOLLAR BABY T 1:35 N/A 4:35 7:25 N/A 1010
ARE WE THERE YET B 1:20 3:50 N/A 6:15 8:15 10:40
ASSAULT ON PRECINCT13 C 1:00 3:20 N/A 6:00 8:10 1040

CONSTANTINE NEW 1:10 3:35 6:00 820 10:40
BECAUSE OFWINN-DIXIE NEW 1:30 3:50 6:30 8:35 10:


SON F THEMASK
HITCH -j


1:20 3:40 6:20(1 8:25 10:25


MONDAY, FEBRUARY 21, 2005, PAGE 3


THE TRIBUNE


--~ --~ ~-~-










PAGE 4, MONDAY FEBRUARY 21,O005ETHEDTRIBUN


OVER THE WEEKEND we had a tele-
phone call from a Bahamian, who grew up in
Fox Hill from babyhood as did her parents
and most of her family. She called to com-
plain about the recent Haitian roundup in
the village.
Frankly we were surprised as we had had
calls from her before to complain about the
slum conditions created by too many Haitians
huddled together in inferior housing, lighting
fires to cook outside, burning bush "that
smoke up your clothes" and being "loud, big-
gity and generally getting out of hand." She
complained that there were more Haitians
in Fox Hill than Bahamians and soon they
"would take over." Hers were the usual com-
plaints that we hear from many quarters. She
berated government for letting the problem
grow and not doing anything about it.
And now she was back. This time she was
complaining that although government was at
last doing something, "there are ways and
ways of doing things and government has
chosen the wrong way."
"I am glad that they are going, but I don't
like how government is handling it," she com-
plained.
There were several police raids in Fox Hill
and Johnson.Road between Thursday's dawn
hours when residents were still asleep and
Friday evening when they would have been
settling in after work.
As was pointed out in the Nassau Village
riot, although the unrest seemed to be
sparked by an unfortunate remark allegedly
made by a policeman to a Haitian, it ended by
many in the small community both
Bahamian and Haitian-- joining forces
against the police. As Kennedy MP Kenyat-
ta Gibson told the House, this was a well-
knit little community into which the Haitians
had blended. Here Bahamians and Haitians
worked together, socialised together, and
their children went to school together they
were friends. And so when one group
appeared to be threatened, the other group
quickly became "their brother's keeper."
And that is what is now happening in many
quarters in Fox Hill. Bahamians and Haitians
were neighbours and friends until too many
squeezed into the settlement, upsetting the
balance of power, and threatening the tran-
quility of both Bahamian and integrated Hait-
ian.
However, in weeding out the illegals,
Bahamians now find that they are losing some
of their long-time friends.
But there is even more to it than that. In
many quarters there is tremendous sympathy
for those Haitians who, although Bahami-
ans agree they should go, they now feel they


are being treated unfairly.
Between 4.30am and 5am last Thursday a
police roundup squad came into Fox Hill,
knocking at doors. If the residents inside
could not produce their papers, they were
taken from their homes.
We were told that in one area a woman
refused to open her door. It was kicked
down.
This is the aspect that is upsetting decent
Bahamians. As the caller told us "it's unfair
for them to take these people from their
homes, and not let them secure their posses-
sions, leaving their homes open for theft."
"It's government's fault for ignoring this
problem for so long; for allowing these peo-
ple to settle down and feel comfortable and
secure. All their life's possessions are in these
houses. They are hustled out without any
notice and people go in and steal all their
belongings, even their money that they
haven't been given time to take with them.
"This just ain't right. My gawd, you'd think
government could do better than this," she
grumbled.
And how would she have done it if she
had been the government?
Firstly, she would have acknowledged that
the fault lay with her government for not
dealing with applications promptly, and for
closing its eyes to too many illegals being
smuggled into the various communities.
Having recognised that she would explain
the Bahamas' position: Too many illegal
immigrants were now here far more than
the Bahamas could accommodate without
upsetting its own economy. She would then
set a deadline three to six months to
allow everyone to get their affairs in order.
During that time government would process
all work permit applications. Haitians, who
had no permits, nor any employer willing to
get one for them, would start packing their
belongings and shipping them back to their
families in Haiti, in preparation for their own
return.
At the end of the amnesty period, the
police would have every right to go knocking
on doors to arrest those who had not left.
If illegal Haitians still chose to play Russ-
ian roulette and gamble that they would not
be caught, and if they had been so unwise as
not to have secured their possessions and left
the country, then no one could complain if
police hustled them from their beds to prison
to await eventual deportation.
The caller felt that if this system were used,
government would save the taxpayers money
as many Haitians would leave of their own
free will without government having to pay
for their repatriation.


Tribute to Nancy Oakes





von Hoyningen-Heune


The Tribune Limited
NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

TELEPHONES
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Disapproves of Haitian round-up


EDITOR, The Tribune.

IN A front page story January
29 on the funeral of the late
Baroness Nancy Oakes von
Hoyningen-Hehne, your
reporter attributed to me some
remarks I did not make.
Just for the record, I am for-
warding the full text of the trib-
ute to the Baroness that I was
privileged to pay on that occa-
sion.
Sincerely,
Arthur A. Foulkes
The tribute follows:

Tribute to Baroness Nancy
Oakes von Hoyningen-Heune
by Sir Arthur Foulkes at Christ
Church Cathedral, 28/01/05.

Because of the circumstances
of her birth and life, Nancy
Oakes von Hoyningen-Heune,
attracted much international
attention. Countless newspaper
articles have been written about
her, some with varying degrees
of inaccuracy.
I should like, in the few min-
utes allotted to me, to speak not
about the international celebri-
ty, but about the kind and gen-
erous lady known affectionately
to many of us as the Baroness,
or just Nancy.
I should like to quote some-
thing George Herron said in
1915:
"If the instinctual and
repressed kindness of mankind
were suddenly let loose upon
the earth, sooner than we think
would we be members one of
another, sitting around one fam-
ily hearthstone, and singing the
song of the new humanity."
I came to know Nancy late in
life. Nevertheless it was a won-
derful thing to experience first-
hand what I had heard from so
many others for so long.
Although she lived abroad for
many years, the Baroness had a
deep and abiding love for The
Bahamas and for Bahamians.
"'`-I' his,'bewnas ifticlfklika ier
illiist-idIs fath ~r Sir H arry
Oak's, who fell itilove with this
commonwealth of islands and
made it the family home.
That was a most fortuitous
event for The Bahamas since Sir
Harry was not just content to
live here. He gave an impetus
to the development of The
Bahamas that has continued up
to this day.
More than that, he earned the
affection of thousands of
Bahamians of humble circum-
stances who recognised and
appreciated his genuine person-
al interest in them.
Nancy's love of country and
countrymen, combined with her
unrepressed spirit of generosity,
worked many wonders over the
years.
It made her a great ambas-
sador for her country as well as
a source of personal support and
inspiration for hundreds of


Bahamians.
Some of the things she did
have assumed the dimensions
of legend. Such was the case in
1968 when a Bahamian athletic
and cultural contingent went to
Mexico to participate in the
Olympics.
The late Sir Gerald Cash was
chef de mission for the team
which included our star athlete
Tommy Robinson, and our first
gold medallist Sir Durward
Knowles.
As you can imagine, our team
did not have access to abundant
resources. But fortunately for
them, Baroness Nancy was liv-
ing in Mexico at the time.
She made sure the team had
the necessities of home that
were lacking at the Olympic Vil-
lage, including extra blankets
for the cool nights, and bottled
water delivered daily.
"She really took good care of
us," said Tommy. "She was
obviously proud to be Bahami-
an."
Then, of course, there was
that fabulous morale-boosting
party at her home which is still
remembered with great relish
by those who were there.
There is an art to giving, and
Nancy mastered that art. Her
giving was not off-handed, it was
not distant, and it was not out of
a sense of noblesse oblige.
Neither was it always in
response to need. Sometimes it
was obviously motivated by
nothing grander than a desire
to bring a little enjoyment into a
day for a friend:
A bouquet of flowers, a
charming trinket, a rare book -
small mementos of great regard.
Her giving in each case
seemed personal and thought-
ful, accompanied always by a
,.part,,of hei, as if to affirm
tjiat we are members of one
another.
The Baroness had friends
among royalty and nobility, and
among the glitterati of film and
theatre.
But wherever she was in the
world, she had quality time for
Bahamians from all walks of life.
In the late Fifties and Sixties
her home in London was a ver-
itable refuge for struggling
Bahamian students. Her house-
keeper at the time was Mrs
Edith "Birdie" Morris, and from
all accounts Mrs Morris kept
house and cooked more for the
students than the Baroness.
Nancy not only entertained
these young people in her home,
she also exposed some of them
to the delights of London's high
culture.
A few lucky ones, I hear, were
treated to some fine dining as
well.


May she rest in peace.
31 January 2005


ice;f


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Office, JFK Drive between the hours of 9:00am and 5:00pm Monday
through Friday.


Vehicles may be inspected at BTC's Perpall's Tract Compound between
the hours of 9:00am and 5:00pm., Monday, February 14 through Thursday,
February 24, 2005. Vehicles will be sold as is.


Bids marked "TENDER FOR USED VEHICLES" should be sealed and
delivered by 5:00pm on Friday, February 25, 2005, to the attention of:


Mr. Michael J. Symonette
President & Chief Executive Officer
The Bahamas Telecommunications Co. Ltd.
Nassau, The Bahamas


BTC reserves the right to reject any or all tenders.


Those of us who have had the
privilege of serving in the
Bahamas High Commission in
London are acutely aware of the
debt of gratitude we owe the
Baroness.
Heads of mission, as well as
diplomatic staff, benefited
immensely from her support as
well as her personal courtesies.
She opened doors for us, gave
good advice and assisted with
many initiatives, diplomatic and
cultural.
When we decided to launch
a Friends of The Bahamas Asso-
ciation in London, Baroness
Nancy gave enthusiastic support,
as well as a list of influential
people.
When we decided to expose
London to some polished
Bahamian talent at the historic
Grosvenor Chapel, and other
venues, she was equally sup-
portive.
I am happy to say that this
musical event has now become
an annual fixture and has even
moved to New York.
Among the talented per-
formers are Joanne and Lee
Callender, Cleveland Williams
and Franz Hepburn. You have
heard the excellent musical trib-
utes by Mr and Mrs Callender
and Mr Hepburn.
We all know that Bahamians
love to party and the Baroness
was no exception. Since the 1968
Olympics party in Mexico, there
have been many others put on in
Nancy's grand style.
Memorable among these, I
am told, was a luncheon at the
elegant Claridge's Hotel for Sir
Lynden and Lady Pindling on
the occasion of Sir Lynden's
investiture.
Joan and I were also hon-
oured by a most enjoyable
reception at her home after a
similar event in our lives. And
there were many more: birth-
days, anniversaries and investi-
tures.
In addition to her wpll-known
hospitality, it was a joy just to
visit -with Nancy. She,,w.as
charming, witty, well informed
and interested in everything.
She was a great conversation-
alist and loved to chat, some-
times at great length on the tele-
phone, long distance notwith-
standing.
We are all too aware that the
human condition is fraught with
difficulties and that no life is
perfect. But we are told that
kindness makes up for our
imperfections.
In spite of the ups and downs
of her life, Nancy enjoyed liv-
ing Ind hers was a life of beauty
-- and kindness.
It was a life for which many
are thankful and a life well
worth celebrating. Nancy taught
us how to sing the song of the
new humanity.


PAGE 4, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE







MONDAY, FEBRUARY 21, 200b, PAUbL-


THE TRIBUNE


'Extraordinary tribute' to Kim Barry ; .
armm ms emi mmm rl


IN ITS October 2005 issue, the New
York University Law Review will publish
a symposium building on an article by
Kim Barry about the dynamics of the
changing conceptions and laws govern-
ing the citizenship of emigrants in their
countries of origin.
The symposium is intended to both
honour Kim's memory and to explore
further this promising area of scholarly
work.
"This is an extraordinary tribute to
the memory of our friend and colleague
Kim," said Barry Friedman, Jacob D.
Fuchsberg Professor of Law at New
York University School of Law.

Tragic
Kim Barry was graduated from the
NYU School of Law in 1998, where she
had been an Articles Editor for the Law
Review. She died in a tragic accident
in November of 2004, just as she was
starting to enjoy great success on the
academic job market.
At the time of her death, Kim had just
completed an article that was one of six
selected by the Law Commission of
Canada's Legal Dimensions competi-
tion for a collection on Law and Citi-
zenship to be published by UBC Press
and Les Presses de l'Universit6 Laval
in book form.


* KIM BARRY


In her article, Kim argues for the
careful consideration of an area that
most immigration scholarship has
ignored: the recent reconfiguration of
emigrant citizenship. As the costs of
travel and communication have fallen
and the full significance of the econom-
ic contributions of emigrants to their


countries of origin have begun to be
acknowledged, emigrants have started to
seek out more formal and substantial
political roles in their countries of origin.
The governments of those countries in
turn have sought, occasionally and some-
times selectively, to formalise and solid-
ify those ties.

Importance
By identifying the importance of a
perspective that highlights the changing
constructions of citizenship, Kim's arti-
cle provides the foundation for further
scholarship.
The Law Review has invited immi-
gration scholars of the first rank in law,
sociology, and political science to build
from this foundation. They include: Pro-
fessor Anupam Chander, University of
California; David Fitzgerald, University
of California, Los Angeles; Professor
Ruth Rubio-Marin, University of Sevil-
la, Spain; NYU Hauser Global Faculty
Member Professor Peter Schuck, Yale
Law School; Professor Ayelet Shachar,
University of Toronto; Professor Peter
Spiro, University of Georgia and Pro-
fessor Michael Trebilcock, University
of Toronto.
Kim Barry was the daughter of Mrs
Brenda Barry and Dr Graham Barry of
Harbour Island.


PTA president: UK's bus





advisory 'unnecessary'


IREDRATH


By CARA BRENNEN
Tribune Staff Reporter
THE newly formed Public
Transit Association has taken
issue with the recent travel advi-
sory by the British High Com-
mission on the use of local jit-
neys, following the attack of
three bus passengers, including
a British resident.
t Among the three alleged vic-
tims was 34-year-old British
national Stephanie Sturrup, who
is married to a Bahamian and
has been living in the country
for eight years. The other two
persons were Shared Lightfoot
and Matthew Brown. They
were travelling on a bus to the
Pinewood/Kennedy Subdivision
after 6pm when they were
allegedly attacked by two men
and thrown out of the bus while
it was moving at a high speed.
All three sustained serious
injuries.

Charged
Last week, Ward Wilson, a
36-year-old resident of Fire Tri-
al Road was charged with mul-
tiple counts of robbery, attempt-
ed robbery and assault in rela-
tion to the incident. In addition,
the bus driver, 28-year-old
Tyrone Scavella of Soldier
Road was charged with aiding
and abetting the alleged rob-
bery and assaults.
The British High Commission
in the Bahamas made a note of
the incident and advised their











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offices in the UK. A slight
amendment was made to their
travel advice to say: "Extra care
should be taken if travelling on
the local bus service after dusk
on routes away from the main
tourist routes along Cable
Beach and East and West Bay
Streets."
However, in an interview
with The Tribune on Sunday,
PTA president Ruben Rahming
called the advisory unnecessary,
and said that while the incident
'was a tragedy, the advisory
exaggerated an isolated case
which could have happened
anywhere in the world.
"It was alarming to me, not
only as PTA president but also
as a Bahamian. I do not agree
with it. It was unjustified and
inappropriate," he said.
-Mr Rahming said it appears
that the British High Commis-
sion has launched a "blatant
attack on the country and on
tourism".
He said that the robbery was
the result of societal problems
and had nothing to do with the
public transit system. Mr Rah-
ming believes the British High
Commission is making the inci-
dent a tourist problem when it is
not'.
"What happened was not
indicative of the PTA," he said.


Mr Rahming claimed that
Mrs Sturrup, who lives in the
Kennedy area, thought the advi-
sory was unnecessary because
it painted the wrong picture of a
country she considers home and
has grown to love.

Successful
He stressed that the public
bus system has approximately
90,000 movements a day and
that the vast majority of them
are successful. While there are a
few "bad apples in the bunch",
he said, they should not spoil
the reputation of the bus dri-
vers who are responsible and
professional.
Mr Rahming said the PTA
has been in close contact with
the victims since the incident,
the latest meeting being held,
last Friday.
The PTA wants to ensure
them and the public at large
that they appreciated the
seriousness of the issue, he
said.
Mr Rahming said that he told
Mr Lightfoot that his job was
not to ease his pain but to
assure him and the others that
their suffering would not be in
vain.
The incident serves as a cata-
lyst for changes the PTA wants


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to make in the system, said Mr
Rahming, adding that while
public transportation is neces-
sary and very little can be done
to shut it down, he does not
want drivers to feel that they
can act in any manner simply
because they provide a vital ser-
vice.
He also asked the public to
be supportive of the PTA as
they make improvements to the
bus system.


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liO i ALN


International Women's Forum


Seurtesy call on minister


* By CARA BRENNEN
Tribune Staff Reporter
THE board of directors of
one of the world's leading
women's organisations spent
the weekend in Nassau and
paid a courtesy call on one of
its Bahamian members, Invest-
ment Minister Allyson May-
nard Gibson.
Mrs Gibson welcomed
board members of the Inter-
national Women's Forum who
arrived in Nassau to hold one
of its semi-annual business
meetings at the British Colo-


"When we look at the
members you will see that they
have all in their own right
been significant to society."

Investment Minister
Allyson Maynard Gibson


nial Hilton on Friday.
The International Women's
Forum is an organization of
pre-eminent women of signif-


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lI ~ M3


icant and diverse achieve-
ments. Members come togeth-
er across national and inter-
national boundaries to share
knowledge and ideas to enrich
each other's lives, to provide a
network of support, and to
exert influence. Through the
Leadership Foundation, the
International Women's Forum
helps prepare future genera-
tions of women leaders.
Membership in the Inter-
national Women's Forum.
(IWF) is by invitation only and
is influenced by definitive
international standards. IWF
chapters are in 21 countries.
on five continents.


sored two fellows, a notable
feat for a small organization.
"Glass ceilings are things
that we don't want to tolerate
and so we give persons the
skills to move beyond that,"
said Mrs Maynard Gibson.

Satisfaction
In 1997, speaking of her
own breakthrough, Ms Camp-
bell was quoted as saying: "It's
a matter of some pride and
satisfaction for me that I hap-
pened to be the one that had
the opportunity to at least put
a dent in that particular glass
ceiling."
Ms Campbell said it is diffi-
cult to judge the success of the
15-year organization.
"It is a story which is still
being written.
"If you look at individual
stories of our fellows there
have been wonderful stories,
even more important is the
strength they get from each
other.
"On the other hand it is still


only one small programme
compared to the needs around
the world."
IWF's 4,000 membership"
includes such women leaders
as: Madeleine Albright, Jill
Barad, Gert Boyle, Eleanor.
Clift, Hillary Clinton, John-
netta Cole, April Cornell, Pao-
la Fendi, Geraldine Ferraro,
Ann Fudge, Kay Bailey
Hutchison, Coretta Scott King,
Mary Landrieu, Evelyn Laud-
er, Bette Bao Lord, Zanele
Mbeki, Denise Morrison,
Sandra Day O'Connor, Cokie
Roberts, Muriel Siebert,
Gillian Martin Sorensen, and
Christine Todd Whitman.
In addition to her work in
women's leadership Ms Camp-
bell serves as Secretary Gen-
eral of the Club of Madrid, a
group of former heads of
diplomatic countries dedicated
to strengthening democracies
around the world.
The group will host an Inter-
national Summit Democracy
on Terrorism and, Security in
Madrid this March.


2 9oos et f a S. icoraAve
P.. oX 71 Tl-22-56 70
, aif. aianaIbaefnt


PAGE 6, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE








MONDAY, FEBRUARY 21, 2005, PAGE 7


THE TRIBUNE


LOCAL NEW


Bonds sale to replace





funds used for Clifton Cay


* By LINDSAY
THOMPSON
Bahamas Information
Services
GOVERNMENT will sell
Bonds to replace the funds used
to pay the late Nancy Oakes for
the historic Clifton Cay property,
Prime Minister Perry Christie has
announced.
The prime minister made the
disclosure as he accepted the final
report on the transformation of
downtown Nassau into an attrac-
tive metropolis, submitted by the
Atlanta land-based design and
planning firm, EDAW, at the
Office of the Prime Minister.
Clifton Cay, located on western
end of New Providence, is home to
the ancient Whylly Plantation
where three civilizations Lucayan
Indians, African slaves and Amer-
ican loyalists impacted the
Bahamas. The government is
proposing, with the expertise of


* PRIME Minister
Perry Christie


EDAW, to carry out its develop- that we may move on with getting
ment plans for Clifton, this done in an incremental
Government is also proposing way."
to establish a Clifton Heritage The prime minister said he
Authority, which will be mandated wants to move to the actual devel-
to manage, preserve and develop opment of Clifton "as quickly as I
the Clifton Plantation site into a possibly can, because it is so very
national park. necessary for the soul of our coun-
try".
Ilm nortant Prior to the government engag-
A T ing EDAW to work on Clifton,
"So you can see, it's important EDAW had been retained by a
for me, even though we have paid private group, which was interest-
for it, we have brought all the ed in assisting the government of
uncertainty... Nancy Oakes has the Bahamas in determining
died, we've paid it," the prime min- whether or not a theme park can
ister said. "We expect a significant be appropriately established at
contribution from private sector Clifton.
interests, from friends of the The prime minister indicated
Bahamas, and as prime minister I that EDAW was very attractive to
have begun to speak to such peo- him in demonstrating that they
ple and they have been very have researched the history of
encouraging in their responses to Clifton and understood how archi-
me. tecturally and aesthetically the
"And so, I have spoken to Whylly Estate should look.
archaeologists who did archaeo- "So in the event of our interest
logical work at Clifton, particular- in rebuilding and re-establishing
ly the husband and wife team who the estate, replete with slave quar-
were here in the Bahamas and who ters, so as to have a permanent
had their services discontinued. memorial to the times of slavery
"I have made that historical con- and the great estates of New Prov-
nection by reconnecting them to idence and the Bahamas, we were
that site on the basis that they willing to do that," he said
would assist us1 in exhausting all--i .. The prime minister added that
the archaeological possibilities so the research was so extensive that


when it was presented to him,
EDAW even had a thought of
being able to grow the crops that
the Whylly Estate grew in those
times. There are also the implica-
tions of the existence of the pre-civ-
ilization passing through Clifton
that the firm had researched.
"The fact that there were two
or three Lucayan Indian villages
located there, and because of the
very strong uncompromising posi-
tion I took nationally on the use of
that area of New Providence, I
committed my government to be,
that we would buy Clifton and go
on to develop Clifton as theme
park; hopefully a world heritage
site to ensure that we have for all
times, a permanent reminder of
the relationship between history
and the present.

Beaches
"And I foresaw the possibilities
of this being integrated into
Bahamian family life where we
would make the beaches better by
improving them, lengthening them,
enabling families to come and
enjoy a regulated beach activity,
integrating the wet lands in such a
way that there would be life in the
wet lands, marine life, fish, birds,
nature trails so that children could
see in a controlled environment
and be with nature, original forest
for tourists to be able to come and
perhaps buy post cards from what
was a slave hut, or sit on a cliff and
have lunch so that what would
ordinarily cost the government
hundreds of thousands of years to
maintain, will have a contribution
made by the people who use it,"
Mr Christie said.
The theme part would be a qual-
ity memorial tribute to the past,
evidence that the three civiliza-
tions passed through the Bahamas,
he added.
"I think our country needs it. I
think our country for social, his-
torical reasons would welcome it
and I think future generation of
Bahamians would thank us
by enabling them to have those
emotional moments by walking
backwards through the connect-
ing. passage's-df, history~h;shei
said.


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Construction Coordinator

A professional construction company has a contract position for a Construction Coordinator. You
will assist the Project Team by taking on project management duties and/or construction administration
tasks for a mid-rise residential condominium complex.
Following are some of the specific responsibilities of the job:
Assist in preparation of contracts for consultants and contractors, participate in bidding,
negotiation and award process
Coordinate and monitor commitments of all purchased material
Coordinate and monitor commitments of all purchased material
Complete project on time and below budget
Monitor daily construction activities on-site for assigned projects
Tract RFI's, Shop Drawings, Change Orders and Schedule adjustments.
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Only the short listed candidates will be contacted Thank You.


During the video session,
using the programme Final Cut
Pro, the participants got see
the production of a short sports
news cast.
First a volunteer was video
taped reading a script. Then
through the technical abilities
of Burton Wallace, operator of
MOVI Advertising Agency, in
a matter of five minutes a news
story was ready to be aired for
television, complete with
graphics and background
music.
This exercise introduced par-
ticipants to the type of equip-
ment that can be used in pro-
ducing Christian-based televi-
sion stories.
Next was the Internet ses-
sion, where web designer Tar-
ran Taylor used various pro-
grammes to illustrate how to
design a web page. He showed
participants how to transfer a
photograph onto a web page,
and how to alter a photo for
various purposes.
At the sports journalism ses-
sion was Fred Sturrup, special
project's manager with empha-
sis on sports co-ordination for
newspaper and radio at Jones
Communications.
He said that being a good
sports journalists is almost like
learning a new language.
"You young men and yes
ladies, who aspire to take up
sports journalism, let it be
known that you must master
an entirely different journalis-
tic dimension.
"You have to know that
wicket and bowl are two crick-
et words and that bowling in
cricket is decidedly different
from the bowling on the lanes,"
he explained.
In the sports workshop, the


participants were also given a
chance to display their writing
abilities.
They received a paper with,
facts on Elisha Obed, a;
Bahamian boxer, and had to
formulate a short news story.
Their writing skills will be
put to the test when reporting
on various activities in their
churches.

Powerful
CEO of Jones Communica-
tions Wendall Jones, also
spoke on radio as a medium.
"We have not used radio as a'
powerful tool to educate our
people to better humanise and
to better functionalise our peo-'
ple. We have used radio as a
means of entertainment and,
not as much for education as.
we should."
Scott Jupp, a member of
Holy Cross, found the one-day
workshop informative.
"I found it very informative
and how the uses of media and
journalism can be involved in
our church and the diocese of
the Bahamas," he said.
Duranda Minus, a partici-,
pant, said: "I thought it was,
great and interesting. We got to,,
know the role of the church in
the media.
"What I liked most was
when we had to write a story
on Elisha Obed." .
Father McCartney pointed'
out that publications and radio,
and television programmes will;
allow church members to
exhibit their talents in the,
world of media.
He hopes that eventually the.
diocese will be able to boast of.
having its own media produc-.
tion team.


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* By TIFFANY GRANT
Tribune Staff Reporter
THE Anglican Diocesan
Youth Department took a
crash course in print, Internet,
video and radio in a one-day
"media explosion" on Satur-
day.
The Addington House com-
pound on Sands Road was
converted into a classroom
where Anglican youth gained a
wealth of knowledge from pro-
fessionals in the various com-
munications fields.
Father Enrique McCartney,
youth officer, told The Tribune
that the youth department
wants to venture into creating
radio, television and newslet-
ters as a means of spreading
the gospel of Christ.

Effective
"Considering the time we*
live in, the most effective way
to spreading the gospel mes-
sage is through the media. We
thought that it would be a good
idea to have various media
companies come in and train
young people in how to spread
the gospel message first hand.
The media explosion is an
undertaking to bring the young
people from the Anglican
parishes together to create a
central body of persons that
would be interested in creat-
ing Christian-based pro-
grammes, articles and web-
sites," he explained.
Before the participants
attended individual workshops,
they heard from experienced
journalist Jerome Sawyer, news
director of Island FM, about
the role of the church in the
media.


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0









Vi-~F TRIBUNE MONDAY, FEBRUARY 21, 2005, PAGE 9
*


LOCALNEW


'Bahamas sizzles in




Sports Illustrated




Swimsuit Issue


THE Bahamas, named
the hottest destination in
the world by Travel +
Leisure and Conde Nast
Traveler, has landed on the
cover of the hottest maga-
zine in the world.
The most coveted cover
in US media, the 2005
Sports Illustrated Swimsuit
Issue, was unveiled
Wednesday, February 15 in
USA Today, featuring the
world's most beautiful
models in the Bahamas.
The issue, on newsstands
February 15, features super
model Carolyn Murphy
seated on the pristine white
beaches of Kamalame Cay.
Video and print clips have
begun to pour in about
Carolyn and the Bahamas
landing this high-profile
issue.

Video
More video clips are
expected to hit the media
over the next few weeks as
the models involved in the
shoot are interviewed by
journalists from around the
world.
Cover girl Carolyn Mur-
phy joined super models
Frankie Rayder, Anne V
and Bahamian Shakara
Ledard for the Kamalame
Cay shoot, which took
place in October 2004.
The 2005 Sports Illustrat-
ed Swimsuit Issue marks
the fourth time Nassau
native Shakara Ledard has
appeared in the annual
issue. The shoot dominates


11 pages of the magazine,
many featuring a fishing
theme, which marketing
experts agree is perfect for
Andros. A "Behind the
Scenes" article raves about
the private beauty of
Kamalame Cay and the
first-class water sports off
the coast of Andros.
Also included in the 2005
Sports Illlslrated Swimsuit
Issue are stunning photos
of gold-medal Olympic ath-
lete Jennie Finch, shot in
Exuma. The November
2004 shoot took place


along the pristine beaches
of host hotel Four Seasons
Resort Great Exuma and
on Stocking Island. Ms
Finch poses with her medal
on Stocking Island, while
her sultry pin-up is shot at
the Four Seasons.
Ms Finch returned to the
Bahamas February 11-14 to
host a softball clinic for
children on Grand Bahama
Island.
While there, she donned
a swimsuit once again, but
this time to swim with dol-
phins at UNEXSO. One
Wednesday morning, she
was in New .York for the
Swimsuit Launch party.
Starting early in the morn-
ing, she spoke about her
love of the Bahamas dur-
ing a series of media inter-
views on and off the red
carpet.
The Bahamas is also
prominently featured on
the SI Swimsuit Web site
http://sportsillustrated.cnn.
com/f e a t ures/2005 -swim-
suit/ which includes
more photos than the mag-
azine.


HAVE you done your home-
buying homework? Save yourself
time, money, and heartache by
doing research before you begin
your hunt, and when you're ready to
make an offer. Consider all the con-
sequences of your dream home's
affordability, location, value, and
ownership.
Begin by gathering and analysing
your financial information assets,
debts, income, and the almighty
credit report. You'll need a firm and
realistic understanding of what you
can afford, and you'll benefit from
securing "pre-approval" of your
loan. Spend your valuable time
looking at houses within your bud-
get.
You've heard it before the
three most important factors in real
estate are location, location, and
location. Know the community,
because you're not just buying the


Bs

-to


house you're buying the neigh-
bourhood! Look ahead to the day
you'll eventually resell. How mar-
ketable will the home be when that
time comes?
Found a home you love? Com-
pare its value with similar homes
that have recently listed, sold or
expired. Ask the agent for a Com-
parative Market Analysis and make
a solid and reasonable offer based
on those facts, not necessarily the
seller's asking price.
One final consideration the


responsibilities of home ownership.
Remember that it doesn't end once
the checks are in escrow. Now
you're ready for insurance, proper-
ty taxes, improvements, mainte-
nance, and more. When you're
ready, talk with a professional you
can trust for advice on these all-
important issues.


Public Utilities Commission





Senior Regulatory Economist
The rapid evolution of the telecommunications sector combined with novel approaches to
regulating the sector has made it mandatory for the Public Utilities Commission (PUC) to
strengthen its capacity in regulatory economic analyses.

The Job"
The successful applicant for the position will provide specialist advice on the economic
and financial performance of regulated utilities. He will also work as an integral part of a
multi-disciplinary team of professionals to ensure effective oversight by the PUC of the
various providers of utility services in The Bahamas. The candidate will perform market
research and other economic studies relevant to the current and future development of
the telecommunications, electricity, and water and sewerage sectors in The. Bahamas.
Traininge>
The candidate will be trained to carry out economic and fin acial analyses involving
market research, and changes in price setting methodologies. This specialist training will
be offered principally via short courses and seminars in The Bahamas and overseas.

Qualifications >>
(a) Bachelor's Degree in Economics or Economics and Accounting; and
(b) Master's Degree in Economics, or Finance; and
(c) Minimum of five (5) years relevant experience.
Remuneration>>
The PUC offers a very attractive benefits package and excellent opportunities for further
development. Starting salary will be commensurate with relevant experience. Further
information about the PUC could be obtained from our website
at: www.PUCBahamas.gov.bs.











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MONDAY, FEBRUARY 21, 2005, PAGE 9


HT E TRIBUNE


I








PAGE 10, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE


lA I IeT


Newtf
N By GLADSTONE
THURSTON
Bahamas Information
Services
FRESH CREEK, Andros -
Continental Airlines has launched
a four-flight per week direct link
from Fort Lauderdale, Florida to
Andros Town here.
Utilising their Beechcraft
1900D series, the Continental
Connection, as it is dubbed, will
fly in on Friday, Sunday, Mon-
day and Wednesday.
"This is a red letter day for
Andros," said Minister of Labour
and Member of Parliament for
North Andros and the Berry
Islands, Vincent Peet.


light s4
"The impact of these flights will
spread beyond just Fresh Creek. I
am sure this will be the beginning
of the rebirth of the economy in
Andros and we shall all be the
beneficiaries of that."
Thomas Cooper, founder and
CEO of Gulfstream Airlines,
operators of Continental, and the
company's president David Hack-
ett headlined a list of dignitaries
that included Cabinet Ministers,
parliamentarians, administrators,
local government officials, and
business persons present for the
inaugural flight on Friday.
Named by the Ministry of
Tourism at the recent Cacique
Awards as the 'Airline of the
Year' in the Bahamas, Continen-


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tal services nine destinations
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"There is a saying that if you
ever get the sand of the Bahamas
in your shoes, you will always
come back," said Mr Cooper.
"Gulfstream has the Bahamian
sand in its shoes for good.
"We probably have more
flights into the Bahamas from the
United States than any other car-
rier. I am also happy of the fact
that of our 500 employees at
Gulfstream, approximately 150
are good, hardworking Bahami-
ans of whom we are very, very
proud."
Through the Continental Con-
nection, tourists can now book
direct flights to Andros over the
Internet, noted resort owner and
president of the Out Island Pro-
motion Board, Jeff Birch.

Wonderful
"Up to now we have had flight
services that have been organ-
ised," he explained. "Flight ser-
vices are wonderful but in order
for someone to get on time book-
ings it was impossible.
"(The Continental Connection)
allows scheduled service so that
someone can be sitting in their
house, anywhere in the world,
and make a decision right then
and find their way to Fresh
Creek. You couldn't do that
before. This is an incredible for-
ward move for the development
of Central Andros.
"Transportation has always
been the biggest road block. Peo-
ple don't want to go from wher-
ever they are coming from to
Florida and then from Florida to
Nassau and then from Nassau to
Andros. We assisted by provid-
ing small aircraft but people don't
like to fly in small aircraft.'."
Tyrone Sawyer, the Ministry
of Tourism's director for airlift
development, agreed. "This is a
big deal for Family Island
tourism," he said. "Anybody any-
where on Continental's route net-


work can connect through Fort
Lauderdale and into Andros at
discounted prices. That's a big
deal."
Peter Douglas, Ministry of
Tourism's manager for Andros
lauded the role the Internet can
now play in attracting tourists to
Andros, the largest island in the
Bahamas chain.
"All of our hotels and resorts
here will now be able to have the
Internet as one of their major
booking agents," he said.
"Here in the 21st century, the
Internet is one of the leading
booking agents for the tourism
industry, and without an interna-
tional flight you cannot utilise
that potential."
In Central Andros there are
about 30 small resorts covering
more than 200 rooms ranging
from the high end Kamalame Cay
to community resorts like the
Chickcharnie in Fresh Creek.
Andros' major attractions are
mainly outdoor and nature
tourism diving, sports fishing,
birding and inland exploration.
"It's a year-round activity," said
Mr Douglas. "In Andros you


Quality Auto Sales Ltd

PARTS DEPARTMENT

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FEBRUARY 25 to 28
(Friday, Saturday, Monday)
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P.O. Box CB-11019 or lax (242) 328-4365.


have the whole range of the grand
slam of salt water fly fishing -
bone fish, tarpon, permit and
they are here year-round.
Andros had a little over 10,000
visitors last year, more than half
came to Central Andros.

Profitable
He called on Bahamians to
play a greater role in the tourism
industry. "Andros is right for us
to do that because you could start
off small and it is proven in
Andros that the small hotel indus-
try is sustainable and profitable,"
he said.
Angela Cleare, senior director
for the Family Islands at the Min-
istry of Tourism hailed Conti-
nental for opening up "many
doors for Androsians".
"For the longest there were so
many things that could not hap-
pen here because they did not
have direct flights," she said. "We
found visitors felt it was such a
hassle trying to get here.
"We have always been about
making it increasingly easier to
create, sell and deliver a satisfying


vacation experience. This flight
has allowed us to reach that par-
ticular goal.
"Androsians are excited. They
too have been waiting for this for
a long time, for them too, to be
able to travel to the US without
having to go through Nassau."
The Member of Parliament for
South Andros, Whitney Bastian,
called on Androsians to plan for
the future expansion of the sched-
ule to daily flights.
"This would necessitate as well
as facilitate the growth of entre-
preneurship throughout the com-
munity," he said. "The challenge
is being placed directly on the
plates of Androsians to meet the
needs of the industry in a timely
fashion.
"WVe do have the support of the
government and the resources to
make these ventures a success.
The government and Androsians,
by joining hands in good
faith with partners like Gulf-
stream International, stand pre-
pared to bring Andros as a com-
munity closer to its potential of
realising economic empower-
ment."


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THE TRIBUNE


i iiBLOCALn NEWS


Bozine


Town residents


'will march on Cabinet'


FROM page one
their rights, but for the rights
of their children and grand-
children.
Noting how long the land
dispute has been going on,
-she said, "it is time to put this
baby to rest".
"Unity is Strength," she
said.
Attorney Fayne Thompson
and Bahamas Democratic
Movement leader Cassius
Stuart were also on hand to
lend their support to the res-
idents.
Mr Thompson said he


would assist with the logis-
tics of the protest.
Mr Stuart told the residents
to rally together in their fight.
"Stand up, if you carry my
land you carry my life."
He told the residents they
needed to be "ready to die"
for the cause and urged them
to send a strong message to
the government, that they
were either with the residents
of Bozine Town or they are
against them.
Mr Stuart said that his par-
ty would do all in its power to
assist poor Bahamians in
need.
The land dispute began in


October of 2004, when resi-
dents received letters from
the Lockhart and Munroe
law firm, informing them that
its client, Harrold Road Land
Development Company -
"Landco" had been granted
Certificates of Title to prop-
erty between Bozine Town,
Knowles Drive and Harrold
Road.
The firm said it was
instructed that the occupants
of that land (some of whom
have lived there for more
than 30 years) were present-
ly occupying a part or por-
tion of their client's land.
The occupants were given


14 days from the date of the
firm's letter October 13,
2004 to "purchase the part


or portion of the land" that
they presently occupied or
have legal action taken


FROM page one
"We must remember that the police represent
the law, they represent authority and regardless as
to how we may feel, or regardless as to whether
there is disapproval with respect to how the police
act, there are ways of dealing with that.
"We cannot address that by confronting and
attacking the police," Mr Dames said.
He pointed out that particular care must be
taken in terms of the precedent that is set by such
incidents.
"We don't want to say, or get into a position
where we're telling people, 'OK, the police is
wrong, so now you can attack them,' and that is the
whole crux of this matter here," he said.
Nassau Village Pastor Ishmael Martin was the


against them. Since that time,
the residents have managed
to get several extensions.


Communities
third guest on Parliament Street yesterday.
He said that he hoped the riot would prove to
have merely been a situation where everyone
involved "acted too quickly", rather than a sign of
a more serious underlying problem.
"My belief is that it was just a slight misunder-
standing on both sides," he said.
Pastor Martin pointed out that shortly after the
incident, "it was like nothing had happened in
Nassau Village".
"Afterwards, you would have found some of
those same boys and young men that were
involved, or might have been there, they were
cleaning up all the rocks and bottles and things that
were around," he said.


looking for experienced



SALES MANAGER



Please mail all resumes with references to:


SALES MANAGER
P.O. Box SS-6440
Nassau, Bahamas


Distributed by Lowe's Wholesale *,Tel: 393-7111 Fax: 393-0440


~


I a


IVI I' 01-tl, I --' .. .- ----, .-- .





I IL i sLoM(


PAGE 12, MONDAY, FEBRUARY 21, 2005


0









1 EiSI


Orinthia Nesbeth is aH





heart at annual awards


ZONTA Living Legend
Orinthia Nesbeth was present-
ed with the Lady Sassoon
Golden Heart Award at the
41st Annual Heart Ball on Sat-
urday night.
Presenting the award was R
E Barnes, chairman of the Sir
Victor Sassoon (Bahamas)
Heart Foundation. He said
many nominations were
received but the one that stood
out was that of Mrs Nesbeth.
"Her involvement in civic
organisations is widespread. A
charter member of the Zonta
Club of Nassau, she now serves
as treasurer. It was through
Zonta that Mrs Nesbeth was
able to work with the youth
and she became involved with
the PACE programme for teen
mothers. Another of her close
involvements is the Commit-
tee for the Management of the
Aged, which provides service
to many senior citizens.
"She is also a founding mem-
ber of the AIDS Foundation
and is particularly concerned
about Youth Aids Awareness,
and is an integral part of pro-
grammes such as the Lock-Ins
and Seminars aimed at young
persons.

Generosity
"Many believe her name
should be 'Charity' because she
is blessed with generosity.
When she sees a need, she will
find a way to fill it without
pomp or fanfare," said Mr
Barnes.
The Lady Sassoon Golden
Heart is presented annually by
the Sir Victor Sassoon
(Bahamas) Heart Foundation
to the individual who has given
of him or herself unselfishly to
promote human welfare and
dignity while making life better
for his or her fellowman.
It is presented each year at
the Heart Ball in public recog-
nition for exemplary and
-humanitarian-service and is
based on performance not pop-
ularity.
General manager and co-
owner of General Brokers and
Agents Ltd, Mrs Nesbeth is the
first woman to sit on the Board
of Directors of the Insurance
Association of the Caribbean,
and later became its first
female president. In 1973, she
j.ecame one of only two
.1:1


M INSURANCE executive and Zonta Living Legend Mrs Orinthia Nesbeth was presented with the Lady Sassoon Golden Heart Award Saturday, February 19,
2005 at the 41st Annual Heart Ball held in the Crown Ballroom, Atlantis, Paradise Island. Presenting the award to Mrs Nesbeth, Mr R E Barnes (at left), chair-
man of the Sir Victor Sassoon (Bahamas) Heart Foundation, said Mrs Nesbeth was being lauded for her unselfish work with the AIDS Foundation, the Cancer
Society of the Bahamas, the Bahasmas Girls Guides Association, the PACE programme for Teen Mothers, and the Salvation Army among other civic organisa-
tions.


women to own an insurance
agency in the Bahamas.
An active member of the
Zonta Club, Mrs Nesbeth was
honored by the club with the
first Zontian of the Year
Award and was also named a
Zonta Living Legend.
,A member of the Bahamas
Chamber of Commerce, she
was a former Business Person


-of the Year. Mrs Nesbeth also
serves on the Council of the
Bahamas Girls Guides Associ-
ation and sits on the Advisory
Board of the Salvation
Army.
She is a dedicated member
of St Matthew's Church and
serves as the Priest's Warden.
"The Social Outreach Pro-
gramme is also close to her


heart,",'aid Mr Barnes,,~ad .
she works with the Day Care
Centre for the Aged. She
believes in sharing what she
has and her record confirms
this."
A firm believer in education,
Mrs Nesbeth has helped many
young people achieve their
goals.
"Today, many Bahamians
owe their current status to Mrs
Nesbeth and one recent and
vital example is Golden Girl
Debbie Ferguson," added Mr
Barnes.
Mrs Nesbeth also has a long
and dedicated service with the
Cancer Society. Twenty-one


.,. years after her ~nvolvement
with the Cancef Society, she
developed breast cancer.
"Now a cancer survivor, she
continues to serve the organi-
sation as part of a community
that understands the physical,
mental, emotional and spiritu-
al aspects of cancer," said Mr
Barnes.

Success
Thanking the Foundation for
the Award, Mrs Nesbeth said
she was deeply honoured.
Wishing the Foundation suc-
cess as it sought to raise
funds to help children with


(Photo: Andrew Aitken)

heart disease, she, urged-ball
patrons to support the
Foundation and its charitable
work.
Among the more than 500
persons attending the ball in
the Crown Ballroom,
Atlantis, Paradise Island were
Deputy Prime Minister Cyn-
thia Pratt; the British
High Commissioner Roderick
Gemmell and Mrs Gemmell;
and the US Ambassador
John Rood and Mrs Jamie
Rood.
This year's ball was held
under the theme, "Every child
deserves a healthy heart. Make
it possible!"


Distributed by Lowe's Wholesale, Soldier Road
tel: 393-7111 fax: 393-0440


Cacique honour for




F Rene McKinney

F RENEE McKinney began her twenty-
sixth year in the hospitality industry by
receiving the prestigious duho trophy for
Human Resources Development at the
9th Annual Cacique Awards held recently
at the Regency Theatre on Grand
Bahama Island.
This award is the latest of professional
honours conferred on Ms McKinney
throughout her career in New Provi-
dence, Grand Bahama Island, Florida,
and Texas over the past two decades.
"I am grateful to the people who have
supported me throughout my career and
especially the College of the Bahamas,
School of Hospitality and Tourism Stud-
ies, the Bahamas Hotel Association, and
the Ministry of Tourism. I have been for-
tunate to have worked with some of the
best hoteliers in the business, and I am
honoured to receive this award," she said.

Degree
Ms McKinney began her career at Par-
adise Paradise Resort and has held vari-
ous positions within the hospitality indus-
try. She holds a bachelor's degree in hos-
pitality management from Florida Inter-
national University and a master's degree
in human resources from Nova Southeast-
ern University. In 2001, she assumed the
post of Training Manager at Our Lucaya
Resort where she also served as assistant
director of Human Resources. Most
recently, she joined the team of Baha Mar
Development Company Limited, serving
as the Human Resources Advisor.
The Cacique Awards, initiated in 1995,
recognises the roles played by those indi-
viduals and organisations whose perfor-
mance or products have consistently
made a positive impact on the quality and
growth of tourism in the Bahamas.


0 F RENE9 MCKINNEY, HR Advisor
to Balm Mar Development Company, is
the 2005 recipient of the Cacique Award
for Human Resources Development.
(Photo:Counsellors/Wendell Cleare)


I







I Ht I HIbUNt


PAGE 14, MONDAY, FEBRUARY 21, 2005


LOA'NW


BEC hosts UK firm


for workshop
THE Bahamas Electricity Corporation hosted a
week-long workshop put on by Kefax Ltd, a group out
of the United Kingdom that specialises in utility train-
ing. This workshop, which represented phase one in
Distribution Planning, was conducted by John Coney-
beare, a retired distribution planning engineer, and was
attended by a cross section of BEC employees, includ-
ing representatives from the Training Department,
two from the Family Islands, participants in the Engi-
neer In Training (EIT) Programme and the majority
from the Technical Planning Section.
Topics covered included Network Design, Fault
Levels, Subdivision Design including New Infrastruc-
ture, System Protection, Voltage Limits, Reinforce-
ment Methods, Long-term Planning, Domestic, Com-
mercial and Industrial Supplies and Plant and Cable
Capacity. According to Carl Stubbs, AGM Techni-
cal Planning, Phase Two is scheduled for the very
near future. -.- .. ...-
:" Picture'dart'"the participants -strrounding--John
SConeybeare, in the centre, BEC-general manager
Kevin Basden to his right and AGM Carl Stubbs to his
left.


N .-.%,,
"Xk "K


South Riding




Point assists in




island rebuilding


I By BAHAMA
INFORMATION
SERVICES
RESIDENTS in east
Grand Bahama, whose
homes were damaged by last
year's hurricanes and were
still in need of materials, are
breathing a sigh of relief,
thanks to a kind donation
from a major corporate citi-
zen in the area.
South Riding Point Hold-
ing Limited, which operates
an oil transshipment termi-
nal just east of the settlement
of High Rock, has donated
thousands of dollars worth of
building material to NEMA
for the east Grand Bahama
residents.
Accepting the donation on
behalf of the people and the
government of the Bahamas
was Russell Franks, who
heads the hurricane relief
efforts for the government in
east Grand Bahama.
Mr Franks assumed the
position of area coordinator


Building material

donated to NEMA


shortly after the passing of
Hurricane Frances and
Jeanne back in 'September,
and is stationed at the
Administrator's Office in
High Rock.
Shingles
The company donated 500
bundles of shingles and 500
pieces of sheet rock to assist
the local residents in their
reconstruction efforts.
While handing over the
supplies, Delton Russell, ter-
minal manager at South Rid-
ing Point said he hoped the
materials would "indeed be
a blessing to those who
receive them".


"We know that there is
that .need, and we at South
Riding Point would just like
to ensure that we are able to
take up whatever slack there
maybe in the system," he
said.
Accepting the donation,
Mr Franks said the materials
are very much in need and as
a few of the houses in east
Grand Bahama are still in
need of the material to com-
plete repairs.
"This should take us closer
to the home stretch, and if
used wisely, the majority of
the remaining people in need
in East End will be covered,"
he told company manage-
ment, while assuring them


that the supplies will be
utilised solely by east Grand
Bahama residents.
Commenting on the dona-
tion by South Riding Point,
Ida Mae Rolle, a resident of
Bevan's Town said,
"With the help of God, I
appreciate it highly. We real-
ly need it."
Employees
South Riding Point has 54
employees and is currently
looking to expand its opera-
tion.
The company is looking at
expanding their tank farm,
bunkering facility and putting
in place an Ethanol plant.
The company is also mov-
ing ahead with plans to repair
the sea-islands that were
damaged during the hurri-
canes, as well as one of their
tanks.
South Riding Point is also
being targeted as a possible
site for a proposed LNG pro-
ject.


MEET & GREET ACADIA
AtRE YOUA STUDENT trying to make up your mind on the best
university for you or planning on attending Acadia and have
questions about university life?
ARE YOU AN ACADIA ALUMNUS interested in an update on new
initiatives at Acadia or interested in meeting other Acadia
alumni and catching up with old friends?
MEET DR. GAIL DINTER-GO'TTILJEB, PltIUtDNT 01o ACADIA
and Acadia students, alumni and staff at a Meet & Greet for
our alumni, prospective students, parents and families.


Share

your

news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


i


j


I


"


\^





MONDAY, FEBRUARY 21, 2005, PAGE 15


SUPER
VALUE
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g SUNCARD
Uh oh~a-C.


HOT
OFF


990


DISCOUNT MART
End of Month Sale
)e,"i t \


DANISH
CHIS



$499
PER LB
S $fjlu

.^t ^^By^^


GRILL MASTER
BEEF
PATTIES
5 LB BOX
$599






o' U.S. CHOICE
BONE-IN STRIP

STEAK
$799
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;.:I:10


PER LB


$ 79
L- -A


Rugs
Mattress Pads
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Sheet Sets
Comforters
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Decore Tables
Foot Spa


/,


Hair Dryer
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SAi STARTSMON DAYFEBRUi*RY321STIdSiiIATDiiAYFEBRU='ARY2TH.200


Pay Less at


Discount Mart


WE ACCEPT AMERICAN EXPRESS MASTER, VISA AND SUNCARD, WE ALSO ]
MACKEY STREET. TOP OF THE HILL (next to Suiner Value' PH)


BED BATH & HOME
End of Month Sale


HEARTS


AMOUR "
VIENNA
SASAGES


*I


STARKIST

TUNA


CAMPBELLS
SUPERIORE
SPAGHETTI
& S
14.5 OZ

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$139


k RICE


LM1 l


HELLMANNS
REGULAR

M IYNNAIEi
3259
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'PEP-
12^^^^* -4 OZ 6P^^^^K
$ 89>]


Rugs
Towels
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Table Cloths
Throw Pillows
Comforter Sets
Bath Scales .
Shower Curtains Cookware Sets
Bathroom Accessories Glassware Sets


Irons
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Blenders
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Wall Pictures
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Located: Harbour Bay Shopping Center
E Ph: 393-4440 or 393-4448)


SWEET RED &
WHITE SEEDLESS


1


THE TRIBUNE


: 1I k1:


LlvfRESH PRODUCE Vfl


"I "IfG C Y S ELECTION


c(0
dofoJL


i


I
















Kerzner International shows


its ai

KERZNER International
spared no words or ways to say
"thank you" to its employees
at its Crystals Employee Appre-
ciation Awards, held in the
resort's, Grand Ballroom.
Kerzner International hon-
oured its 30- and 20-year long
service employees and award-
ed its Employee of the Year,
Manager of the Year, and
Leader of the Year for 2004
with cash prizes and elaborate
gifts valued at over $50,000.
The Oscars-style awards
began with the Employee, Man-
ager and Leader of the Year
honourees, selected from
among thousands of employees,
being chauffeured in limousines
and later gracing Kerzner's red


reciation for employees


carpet where they were greeted
by the company's senior execu-
tives.
The event culminated as
Jamal Lewis, a VIP Services
Concierge was declared
Employee of the Year 2004. An
astonished Lewis was presented
with $10,000 in cash along with
$10,000 worth of gifts from
Satellite Bahamas for a com-
bined value of $20,000 in prizes.
Lewis received a 42-inch plasma
TV and home entertainment
centre, an Ipod, DVD player
and a one-year Direct TV sub-
scription..
"I have worked at three dif-
ferent hotels and none of them
can be compared to Kerzner
International... This is a super,


The Affordable Solution
to Worn-Out Bathtubs .^ .

Bathtub Liners are designed to fit over worn-out bathtubs
*Wall Surrounds to cover existing bath walls: Insimulated Tile and Marble
Shower Base Liners to go over existing Shower bases
Cultured Marble Vanity Tops and Sinks
Great Shower Door selection
Quality Faucets, All-Wood Vanities




REsBATH BAHAMAS
"Bahamas Only One-day Bath Remodeler"

Telephone
(2421 393-8501 "Authorized Dealer"
Viit ow &d O cated at the Red Caret Inn, East Bay Street


super hotel to work for," said
an excited Lewis.
Kerzner International did not
stop there, earlier in the evening
A Camille Fields, Employee.
Programme Manager got the
surprise of her life as she was
declared Manager of the Year
2004. Fields was awarded $5,000
in cash along with $5,000 worth
of state-of-the-art kitchen appli-
ances from Geoffrey Jones and
John S George for a total cash
value of $10,000.
Leader of the Year winner,
Angela Culmer-Hinsey, Kerzn-
er International's Senior Direc-,
tor of Finance was awarded
$5,000 in cash and a Victorian.
living room set from Roberts
Furniture valued at $5,000 for a
combined $10,000 cash value.

Best
Paul O' Neil, Kerzner Inter-
national's President/Managing
Director said: "This evening
really though is all about
you...the best of the best. It's
our way, Sol Kerzner's way,
Butch Kerzner's way and our
management's team way of say-
ing thank you. .
"Thank you, to the collective
you, to all of you obliviously in
this room, and to all 6,000 of
you that work so hard for the
benefit of our customers,
to blow away our customers
on a day to day basis," said
O'Neil.
Also in attendance was
Howard 'Butch' Kerzner, Chief
Executive Officer of Kerzner
International. "It does not mat-
ter to me how many billions of.
dollars people are spending in
Las Vegas or what kind of,
developments are taking place
in Orlando or for that matter
what else might take place in
the Bahamas; I'm confident that
what we have is extremely spe-
cial and we will be success-
ful...because we care more and
we work harder," said Kerzn-


M KERZNER International's President Managing Director, Paul O'Neil at left declares Jamal
Lewis, a VIP Services Concierge as Employee of the Year 2004 at Kerzner International's Crystals.
Employee Appreciation Awards on Monday night. Lewis, was presented with $10,000 in cash
alpngiwith $10,000 worth of gifts.


thank you to everybody here
tonight and to all 6,000 people
that work in Atlantis and at the
Ocean Club because at the end
of the day it really is your pas-
sion, your drive and continuous
strive for excellence that
makes this place special, like
magic."
Kerzner International's Man-
ager and Leader of the Year
winners were moved by the
company's appreciation.
"I just feel overwhelmed...I1
could not have achieved this
award without the support of
the whole company.
"I have a remarkable oppor-
tunity to work with every
department in Kerzner Inter-
'n ational, so this award tonight is
In ot jusst.for me, but it's for


everyone that I work with," said
Camille Fields.
"I think it's a wonderful idea
for a company like Kerzner to
honiour its employees this way.
I don't think there is any other
company in The Bahamas that
does it," said Culmer-Hinsey,
the Leader of the Year winner.

Surprises
There were enough gifts and
surprises for everyone. All 19
Employee of the Year nomi-
nees received $250; Manager of
the Year nominees $350 and
Leader of the Year nominees
$500, along with elaborate crys-
tal trophies.
Employees who have worked
in the company for 30 and


(Photo: Davinia Whitlock)

20 years were also presented
with gifts and crystal
trophies.
Employees were entertained
by fabulous performances by
the winners of Kerzner Inter-
national's Employee Christmas,
Party Talent Show as well as
local and international enter-
tainers.
Also Kerzner International's
senior executives dawned wigs
and costumes during a hilari-
ous skit featuring music hits,
'Don't worry about a thing;'
'YMCA;' and 'Feeling Hot Hot
Hot.' Masters of ceremony were
Dion Strachan, Vice President
of Resort Services and.
Ed Fields, Vice President of
Retail Services and Public
Affairs.


THE TRIBUNE


PAGE 16, MONDAY, FEBRUARY 21, 2005






THE TRIBUNE IVIJIMLPI, rFLrnIw


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HOURS: SUN.:


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THRIFTY MAID
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SPAGHETTI W/
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RAMEN NOODLES
ASST'D FLAVOURS 4-oz........5/$1.00
CRACKIN GOOD
ASST'D PIES 11- oz ...................$1.69
WINN DIXIE
MACARONI & CHEESE
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ISLAND QUEEN
COCONUT WATER 11 -oz..............89i
LIBBY'S
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CHEK
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I HE IRIBUNE


GN-171


SUPREME
COURT

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2004/PRO/NPR/414

Whereas LAURA ROLLE, of Faith Avenue,
New Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration of the real and
personal estate of LINDA ELIZABETH
ROLLE aka LINDA ROLLE, late of Faith
Avenue, New Providence, one of the Island of
the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/40

Whereas BERK EDWARD KNOWLES, of
Morris, Long Island, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration of the real and
personal estate of JEFFREY KNOWLES, late
of Morris, Long Island, one of the Island of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00049

Whereas PAMELA DRUCILLA PINDER and
RICHARD MAXWELL PINDER, Both of
Spanish Wells, St. George's Cay, one of the
Islands of the Commonwealth of The Bahamas,.
has made application to the Supreme Court of
The Bahamas for Letters of Administration with
the WILL Annexed of the real and personal estate
of RICHARD HERMES PINDER, late of
Spanish Wells St, George's Cay, one of the Island
of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/56

Whereas E. VERONA DOUGLAS-SANDS,
of Sandilands Village, New Providence, one of
the Islands of the Commonwealth of The
Bahamas, has made application to the Supreme
Court of The Bahamas for Letters of
Administration with the will Annexed of the
real and personal estate of MALCOLM
FLANDERS, late of Tarpum Bay, Eleuthera,


one of the Island of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/58

Whereas EARL A. CASH, of Marlin Drive,
New Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration with the Will
Annexed of the real and personal estate of
MERIEL JANE BLIGHT ST. GEORGE, late
dpCassas International, Apartment H6, Paradise
island, one of the Island of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/59

Whereas EDWARD CURRY aka Ted Curry,
of Queen's Street, New Providence, one of the
Islands of the Commonwealth of The Bahamas,
has made application to the Supreme Court of
The Bahamas for Letters of Administration of
the real and personal estate of HAZEL HELENE
CURRY, late of Queen's Street, New Providence,
one of the Island of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of,14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00060

IN THE ESTATE OF GEORGE
ALBERT VICTOR BRADFORD a.k.a.
GEORGE BRADFORD late of LPH7880
Dundas St. W., in the City of Mississauga, in the
Providence Ontario, Canada, deceased.

NOTICE, is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The
Bahamas, on its Probate Side by KEVIN M.
RUSSELL of #14 Doubloon Drive in the City
of Freeport on the Island of Grand Bahama, one
of the Islands of the Commonwealth of The
Bahamas, Attorneys-at-Law, is the Authorized
Attorney in The Bahamas, for the Resealed Grant
of the Certificate of Appointment of Estate
Trustee with the Will in the above estate granted
to MAJORY W. BRANDFORD, the
Administratrix by the Ontario Superior Court of
J.4tice on the 17th day of June, 2002

Signed
Desiree Robinson
() Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00061

Whereas VANDYKE PRATT, of #93 South
Beach Drive, Southern District, New Providence,
one of the Islands of the Commonwealth of The
Bahamas, has made application to the Supreme
Court of The Bahamas for Letters of
Administration of the real and personal estate of
SHERLENE CLARETTA PRATT, late of
Royal Valley Subdivision, Eastern District, New
Providence, one of the Islands of the


Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE


FEB 24 2005

2004/PRO/NPR/00062

Whereas ROYAL COLONIUS HAMILTON,
of #204 County Club Manor in the City of
Freeport, Grand Bahama, one of the Islands of
the Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration of the real and
personal estate of SIMONE SHERRIE
HAMILTON, late of Columbus Avenue
Chippingham, New Providence, one of the Island
of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00063

IN THE ESTATE OF CATHERINE V.
HOFMANN late of 3000 Windmill Road,
Sinking Spring Township in the County of Berks
in the State of Pennsylvania, U.S.A., deceased.

NOTICE, is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The
Bahamas, on its Probate Side by ADAM D.R.
CAFFERATA of the City of Freeport on the
Island of Grand Bahama, one of the Islands of
the Commonwealth of The Bahamas, Attorneys-
at-Law, is the Authorised Attorney in The
Bahamas, for the Resealed Grant of the Certificate
of Letters in the above estate granted to
BERNARD M. HOFMANN and MARTIN J.
HOFMANN, the Co-Executors by the Register
of Wills of Berks County in the State of
Pennsylvania, U.S.A., on the 28th day of August,
2001.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/64

Whereas PEARLINE MCKENZIE, of No.
940 Rosewood Street, Pinewood Gardens, New
Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration of the real and
personal estate of CARDOL MCKENZIE, late
of No. 58 Bamboo Boulevard, New Providence,
one of the Island of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/65

Whereas ESTHER ROLLE-BETHEL, of
Bailey Town, Bimini, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration of the real and
personal estate of CORDELL ROLLE, late of
Bailey Town, Bimini, one of the Island of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications


will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/68


--a rl


r\s/ i 1o, IVIVIaUIMI, ri-DnunmT I, uuo







1-IF TRIRI IlN


IVI J I4L,/lr I -, I I f UII &i. I

Whereas GILBERT A. THOMPSON, of Suite
One, Chancery House, The Mall, Freeport, Grand
Bahama, one of the Islands of the Commonwealth
of The Bahamas, has made application to the
Supreme Court of The Bahamas for Letters of
Administration with the Will Annexed of the real
and personal estate of TIBOR KUTI, late of
Toronto, in the Province of Ontario, in the
Dominion of Canada, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00070

Whereas GODFREY ROLLE, SR., of
Seahorse Village, Freeport, Grand Bahama, one
of the Islands of the Commonwealth of The
Bahamas, has made application to the Supreme
Court of The Bahamas for Letters of
Administration of the real and personal estate of
JENNIEMAE ROLLE, late of Treasure Cay
on the Island of Abaco, one of the Island of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00071

Whereas FLORENCE BUTLER, of Palm
Beach Street, New Providence, one of the Islands
of the Commonwealth of The Bahamas, has
made application to the Supreme Court of The
Bahamas for Letters of Administration of the
real and personal estate of NATHANIEL
NATHAN KNOWLES, late of McKanns, Long
Island, one of the Island of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00072

Whereas TAMIKA ALISHA ELIZABETH
SMITH, of White's Addition off Kemp Road,
Eastern District, New Providence, one of the
Islands of the Commonwealth of The Bahamas,
has made application to the Supreme Court of
The Bahamas for Letters of Administration of
the real and personal estate of JULIA
ELIZABETH SMITH, late of 53 Washington
Street, New Providence, The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/73


Whereas MYTIS FLORINE BROWN, of
Soldier Road, New Providence, one of the Islands
of the Commonwealth of The Bahamas, has
made application to the Supreme Court of The
Bahamas for Letters of Administration of the
real and personal estate of JOHN BROWN aka
JOHN WILFRED BROWN, late of Main Street
Current Island, one of the Island of the
Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration


of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00075

Whereas ELLEN IONETTE ADDERLEY, of
Regency Park, New Providence, The Bahamas,
has made application to the Supreme Court of
The Bahamas for Letters of Administration with
the will annexed of the real and personal estate
of SOLOMON ADDERLEY, late of Regency
Park, New Providence, The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00076

Whereas AMELIA SUSAN ROBERTS, of
Spanish Wells, St. George's Cay, The Bahamas,
has made application to the Supreme Court of
The Bahamas for Letters of Administration with
the of the real and personal estate of ENOS
BENSON ROBERTS late of Spanish Wells, St.
George's Cay, The Bahamas, The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00077

Whereas YVONNE SAWYER, of Carmichael
Road, New Providence, The Bahamas, and
ELVINE SAWYER of Coopers Town, Abaco,
The Bahamas has made application to the
Supreme Court of The Bahamas for Letters of
Administration with the will annexed of the real
and personal estate of DONALD SAWYER,
late of Fire Trail Road, Abaco, The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00078
Whereas YVONNE GARDINER, of Golden
Gates Estates, New Providence, The Bahamas,
has made application to the Supreme Court of
The Bahamas for Letters of Administration with
the will annexed of the real and personal estate
of ROBERT GARDINER, late of South Beach
Estates, New Providence, The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 242005


2005/PRO/NPR/00079

Whereas GRACE MARSHALL
STRACHAN, of King Charles Drive, Great
Harbour Cay, Berry Islands, The Bahamas, has
made application to the Supreme Court of The


Bahamas for Letters of Administration with the
will annexed of the real and personal estate of
JOSEPH STRACHAN, late of King Charles
Drive, Great Harbour Cay, Berry Island, The
Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar

THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00080

Whereas PATRICIA SMITH WHITE, of
Cambridge Road, Nassau East, New Providence,
The Bahamas, has made application to the
Supreme Court of The Bahamas for Letters of
Administration with the will annexed of the real
and personal estate of LEONARD GEORGE
WHITE, late of William Street, New Providence,
The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00081

Whereas LENORA MEADOWS, of Ferguson's
Way, Marathon Estates, New Providence, The
Bahamas, has made application to the Supreme
Court of The Bahamas for Letters of
Administration with the will annexed of the real
and personal estate of SHAWN SAMUEL
MEADOWS, late of Ferguson's Way, Marathon
Estates, New Providence, The Bahamas,
deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00082

Whereas MOSES FERGUSON, of The Bluff,
South Andros, The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration with the will
annexed of the real and personal estate of ISAAC
FERGUSON, late of The Bluff, South Andros,
The Bahamas, deceased.

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 21 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


THE SUPREME COURT
PROBATE SIDE
FEB 24 2005

2005/PRO/NPR/00089

Whereas MICHELLE Y. CAMPBELL, of
Dodge Road in the Eastern District of the Island
of New Providence one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas
for Letters of Administration with the will


annexed of the real and personal estate of
AARON WINFRED WHYLLY, late of Mount
Pleasant Village New Providence, one of the
Islands of the Commonwealth of The Bahamas.
deceased

Notice is hereby given that such applications
will be heard by the said Court at the expiration
of 14 days from the date thereof.

Signed
Desiree Robinson
(for) Registrar


xx I


," ''""' I


'.








PAGE 20, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE


LOCAL NDCAIBEN:EW


Hats off to the


Chinese Ambassador
* ABOVE: Neville Wisdom, Minister of Youth, Sports and Culture (right), presents a gift to
Li Yuanming, Ambassador of the People's Republic of China, during a courtesy call on Friday,
February 18,2005, at the Ministry of Youth, Sports and Culture, Thompson Boulevard.
LEFT: Li Yuanming, Ambassador of the People's Republic of China, tries on a Junkanoo
head piece, during the courtesy call to the minister
(BIS Photos: Lorenzo Lockhart)
....................... ............................. , ................................................................................................................................... ................


*- *



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Syndicated Content
Available from Commercial News Providers"


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MONDAY, FEBRUARY 21, 2005


SECTION


business@100jamz.com


Miami Herald Business, Stocks, Analysis, Wall Street


- Pae 3B
LA


owntown


assau


set to cost




$30-$60m


And EDAW recommendation
does not include land purchase
prices and new harbour in
southern New Providence


By NEIL HARTNELL
Tribune Business Editor
he project to revi-
talise downtown
Nassau will cost
between $30-$60
million to imple-
ment, and this price does not


include costs associated with
developing a new commercial
shipping port in southern New
Providence and acquiring land.
The plan submitted to the
Government by Atlanta-based
EDAW and its interns, which
has been seen by The Tribune,
acknowledges that raising the


financing for revitalising down-
town Nassau will be "a chal-
lenge", but argue that their pro-
posal's "potential rewards are
great".
The final report said: "Pro-
jected costs vary from between
$30-$60 million, not including
land acquisition and the devel-
opment of a new harbour else-
where in the Bahamas.
"Invested wisely, this infusion
of public funds could generate
over $200 million in private
investment, which would fund
everything from new jobs to
See PLAN, Page 3B


Christie-Ruffin meeting


key for $1.2bn proposal


By NEIL HARTNELL
Tribune Business Editor
The fate of the $1.2 billion
Cable Beach redevelopment
was shrouded in uncertainty last
night, with Prime Minister Per-
ry Christie said by sources to
have met with billionaire Philip
Ruffin over the last three days
in an effort to remove all
remaining obstacles to the pro-
ject.
The Tribune reported on Sat-
urday how the project's future
lay in the hands of one man, Mr
Ruffin the owner of the Wyn-
dham Nassau Resort and Crys-
tal Palace Casino, plus the Nas-
sau Beach Hotel.
The Government's failure to
complete a Heads of Agree-
ment with the Baha Mar invest-
ment consortium and a pur-
chase agreement for the Hotel
Corporation-owned Radisson
Cable Beach Resort before the
group's 120-day option with Mr
Ruffin expired on February 17
has potentially allowed the
Wichita-based billionaire to
walk away from the deal.
However, Mr Christie may
have leverage he can exercise


National Insurance Board
(NIB).
Meanwhile, the hotel union
See DEVELOP, Page 5B


Company to hold 2005 AGM 'no later than
June'; income trends 'positive' and in talks
with potential buyer for Gold's Gym franchise


By NEIL HARTNEAL
Tribune Business Editor
RND Holdings will hold its annual general
meeting (AGM) for its 2005 fiscal year "no lat-
er than June", as the company targets timely dis-
closure of information and reporting to share-
holders as one of four core objectives it aims to
achieve in the next two to three years.
Ken Donathan, RND Holdings chief oper-
ating officer, told The Tribune that the com-
pany's main objective was the launch of its Tick-
etXpress business on March 1 (see story below),
plus continuing the "positive trends" shown by
recent income statements and declaring a divi-


dend to shareholders by no later than fiscal
2008.
Saying that RND Holdings had?"four major
objectives" that it wanted to accomplish in the
next "24 to 36 months", Mr Donathan acknowl-
edged that the company's annual report for fis-
cal 2004, a year that closed in February last
year, had been released-late.
The RND Holdings 2004 annual report was
released to shareholders earlier this month, just
a few weeks before its fiscal 2005 closes on Feb-
ruary 29.
Mr Donathan said: "We're nor running away
See OPERATE, Page 4B


TicketXpress to be


'major bottom line


contributor' for RND


By NEIL HARTNELL
Tribune Business Editor
RND Holdings plans to for-
mally launch its TicketXpress
service on March 1, 2005, with
expectations that the elec-
tronic "universal distribution
highway" it will create will
make the business "a major
contributor to the group's bot-
tom line" within 36 months.


Ken Donathan, RND Hold-
ings chief operating officer,
said the. TicketXpress business
would initially act as an on-
line reservation system in three
areas tickets for Western Air,
the charter operator that runs
flights from Nassau to
Freeport and Andros; selling
tickets to events and concerts;
and pre-paid wireless minutes
for both QuikCell and GSM


cell phones.
Mr Donathan said the Tick-
etXpress system was Internet
based and accessible by any-
one with Internet access.
TicketXpress would not ini-
tially provide on-line payment
facilities for the reservations
it took, Mr Donathan explain-
ing that this was because
See TICKET, Page 4B


Heart Disease


Prime Minister Perry Christie
to ensure an agreement
between Mr Ruffin and Baha
Mar is concluded due to the
personal relationship he built
up with the latter as his attorney
before he took public office.
It is also possible that the
Government could dangle the
carrot of writing-off a substan-
tial portion of the monies owed
by Mr Ruffin's hotel properties
to various government corpo-
rations and agencies, such as
casino taxes and funds still owed
to the likes of BEC and the


71% of Bahamas

2004 tourists were

ship passengers

Highest-ever gap in 33 years
between land and sea arrivals


By NEIL HARTNELL
Tribune Business Editor
Some 71 per cent of the just
over five million tourists to vis-
it the Bahamas in 2004 arrived
by cruise ship or some other
form of water transportation,
Ministry of Tourism statistics
show, the highest ever percent-
age in the last 33 years.
The data reveals that some
3.554 million tourists to the

IA4*\


Bahamas in 2004 came by sea,
while just 29 per cent or 1.45
million arrived by air.
This graphically illustrates the
concerns of many in the tourism
industry, who fear that tourists
to the Bahamas are increasing-
ly cruise ship passengers who
spend just a day in either Nas-
sau or Freeport, or otherwise
just visit one of the cruise lines'
See TOURIST, Page 5B
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I I


t8I








PAGE 2B, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE


By Fidelity



Capital Markets


rading in the
Bahamian market
continued to be
brisk as more than
48,000 shares
changed hands over the last
week. The market saw 10 out
of its 19 listed stocks trade, of
which four advanced, three
declined and three remained
unchanged.
Share prices continue to
climb as three companies
recorded new 52-week highs,
namely Commonwealth Bank
($7.64), FINCO ($10.25) and
FirstCaribbean ($7.67). Volume
leader and big mover in the
market last week was Bank of
the Bahamas International
(BOB), with 15,579 shares
changing hands and accounting
ViA:for 31.96 per cent of the total
shares traded. BOB's share
price also increased by $0.39 to
end the week at $6.
On the down side, Freeport
Concrete's (FCC) share price
fell by $0.59 to end the week at
a new 52-week low of $1.40.
The reduction in the Bahami-
an Prime Rate to 5.50 per cent
by the Clearing Banks Associa-
tion, which was a direct
response to the Central Bank
lowering the discount rate by
S 50 basis points, will bode well
for a number of the listed com-
panies, particularly those with
large bank debt. The reduction
in the Prime Rate will essen-
tially lower the bank interest
expense of the affected compa-
nies, and this savings will go
straight to the bottom line.
Given that any fixed income
investment product, whose
return is tied to the Prime Rate,
will see a reduction in its yield,
the lowering of the Prime Rate
makes equity investments rela-
tively more attractive.
We expect to see a positive
inflow of funds into equities as a
result:.

COMPANY NEWS
S ioBank of the Bahamas
International (BOB) -
Am .j i lA record breaking second
quarter, as the bank posted net
yo a rat income of $2M million, repre-
14 or e senting an increase of 22 per
cent over the same period in
:2003.
Interest Income declined by
$218,000 to total $6.5 million,
while interest expenses declined
marginally to total $2.7 million.


RENT/



* 1,030 & 1,625 sq.ft. shop/office spaces.
* Well placed on Paradise Island, near Atlantis.
* Visitor and local pedestrian traffic.
* Excellent parking facilities.
* Well maintained building & landscaping.


Paradise Village
Shopping Plaza
Paradise Island
Nassau, Bahamas
Tel. 242-393-8618
www.bahamasrealty.bs
www.cbrichardellis.com


BAHAMAS REALTY LTD
COMMERCIAL


CBRE
CB RICHARD ELLIS
NAVIGATING A NEW WORLD


n Financial Advisors Ltd.
Pricing Information As Of:
18 February 2005
BISX LISTED & TRADED SECURITIES VISIT WWW.BISXBAHAMAS.CCOM FOR MORE DATA &INFOR NATION
BISX, ALL SHARE-INDEX: CLOSE 1,070.97 CHG 00.741/ %CHG 00,07 ,Y1D o02.67.Y YTD% 23.34
52wk-Hi 52wk-Low Symbol Previous Close Today's Close Change Daily Vol. EPS $ Div $ PIE Yield
1.39 0.95 Abaco Markets 0.95 0.95 0.00 0.197 0.000 N/M 0.00%
8.40 8.00 Bahamas Property Fund 8.00 8.00 0.00 1,000 1.328 0.320 6.0 4.00%
6.25 5.55 Bank of Bahamas 5.88 6.00 0.12 1.000 0.152 0.330 11.0 5.50%
0.85 0.75 Benchmark 0.85 0.85 0.00 -0.057 0.000 N/M 0.00%
1.95 1.45 Bahamas Waste 1.45 1.45 0.00 0.101 0.000 14.2 0.00%
1.00 0.87 British American Bank 0.95 0.95 0.00 0.007 0.040 12.8 4.21%
7.47 6.60 Cable Bahamas 7.40 7.40 0.00 0.510 0.240 14.5 3.24%
2.20 1.39 Colina Holdings 2.20 2.20 0.00 3.000 0.259 0.060 8.5 2.73%
7.64 6.75 Commonwealth Bank 7.64 7.64 0.00 0.632 0.390 11.8 5.10%
1.50 0.35 Doctor's Hospital 1.50 1.50 0.00 0.228 0.000 6.6 0.00%
4.02 3.13 Famguard 4.02 4.02 0.00 0.406 0.230 9.9 5.72%
10.25 8.21 Finco 10.25 10.25 0.00 0.649 0.480 15.8 4.68%
7.67 6.45 FirstCaribbean 7.67 7.67 0.00 0.513 0.330 15.0 4.30%
8.60 7.95 Focol 7.95 7.95 0.00 0.710 0.500 11.1 6.29%
1.99 1.40 Freeport Concrete 1.40 1.40 0.00 0.025 0.000 56.0 0.00%
10.38 9.50 ICD Utilities 9.50 9.50 0.00 0.818 0.405 11.6 4.26%
8.25 8.10 J. S. Johnson 8.22 8.22 0.00 0.785 0.550 10.5 6.81%
6.69 4.36 Kerzner International BDRs 6.48 6.44 -0.04 0.201 0.000 32.2 0.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0,00 0.694 0.350 14.4 3.50%
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ PIE Yield
13.00 13.00 Bahamas Supermarkets 13.00 14.00 16.00 1.328 0.720 10.5 5.14%
10.14 10.00 Caribbean Crossings (Pref) 10.00 10.35 10.00 0.000 0.800 NM 7.80%
0.60 0.40 RND Holdings 0.29 0.54 0.00 -0.103 0.000 NM 0.00%
43.00 28.00 ABDAB 41.00 43.00 41.00 2.220 0.000 19.4 0.00%
16.00 13.00 Bahamas Supermarkets 13.00 14.00 13.00 1.105 0.810 14.6 6.93%
0.60 0.35 RND Holdings 0.29 0.54 0.35 -0.103 0.000 N/M 0.00%
BISX Listed Mutual Funds
52wk-Hi 52wk-Low Fund Name NAV YTD% Last 12 Months Div $ Yield %
1.2095 1.1529 Colina Money Market Fund 1.209527"
2.1191 1.8944 Fidelity Bahamas G & I Fund 2.1105 ***
10.2648 10.0000 Fidelity Prime Income Fund 10.2602*****
2.1746 2.0524 Colina MSI Preferred Fund 2.166020**
1.0894 1.0276 Colina Bond Fund 1.089371****
FINDEX: CLOSE 420A140 1 YTD 12.259% /62003 -0.5949%
BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price
52wk-HI Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colina and fidelitN
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week
Chingo Change in closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid In the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100
*" AS AT JAN. 31, 20051 .- AS AT DEC. 31, 2004
AS AT FEB. 11, 2005/ "" AS AT JAN 31, 2005/ """* AS AT JAN. 31, 2005
TO T-RlAD CALL: COLINA 242-502-7010 FIDELITY 242-356-776


Net interest income stood at
$3.8 million for the period com-
pared to $4 million in 2003. Net
provisions for loan losses
declined by $386,000 to total
$199,000.
BOB has attributed the
reduction in net provisions to
the recoveries of previously
written off accounts, coupled
with the stabilisation of provi-
sions in general. Earnings per
share (EPS) for the second
quarter in fiscal 2005 grew by
$0.03 to total $0.17.

Bahamas International
Securities Exchange (BISX) -
It was announced this past
week that the Securities Com-
mission of the Bahamas has
approved an increase in the list-
ing fees of BISX, from $2,500 to
$5,000 per company. The
increase in the listing fees came
with little objections, with only
two of the listed companies
objecting to the hike in listing
fees.

Investors Tip of the Week
Saving for a down
payment on a home
Step 3 Open a Down Pay-
ment Account (DPA)
You will need a special
account to hold your savings,
such as a high yielding bank sav-
ings account or a fixed deposit.
Keep in mind that the money
in a fixed deposit is tied up until
it comes due.
In other words, you will be
penalised if you take the money
and run before the maturity
date. You will be less inclined to
use this money for something


other than your house.
Fixed deposits come in a vari-
ety of maturities ranging from
one year to five years. Figure
out which time horizons match
your home ownership goals.

Step 4 Tell your Family and
Friends
If your parents or other rela-
tives send you presents for your
birthday, they might instead
contribute to your down pay-
ment.
Do not insist some parents
prefer to shop for special gifts
for their children. However, it
will not hurt to let them know
about your home ownership
goal.

Dividend/AGM Notes:
FAM to pay dividends ol
$0.06 on February 23, 2005, tc
shareholders of record as al
February 18, 2005.

Freeport Concrete Limited
(FCC) will hold its Annual y
General Meeting on February
22, 2005, at 4pm at the British
Colonial Hilton, Bay Street, :
Nassau, Bahamas.

Freeport Oil Holdings (FCL)
will hold its Annual General
Meeting on February 24, 2005
at 10.30am at its Corporate
Office, Queens Highway,
Freeport, Grand Bahama.

RND Holdings Limited
(RND) will hold its Annual
General Meeting on February,
28, 2005, at 12pm at the British
Colonial Hilton, Bay Street,
Nassau, Bahamas.


LEGAL NOTICE

NOTICE

BOUNDLESS GRACE INC.



Notice is hereby given that the above-named
Company is in dissolution, which commenced on the 10th
day of February, 2005. The Liquidators are Cordelia Femander
and Ingrid Davis of P.O.Box N-7757 Nassau, Bahamas.



Cordelia Fernander
(Liquidator)


Ingrid Davis
(Liquidator)


Bahamas stock market


Findex: 420.14
Unchanged: 0.00 points
Percentage Change: 0.00 per cent

Market Capitalisation: $2.15 billion
Change: $28.5 million
Volume Traded: 48,751

Volume Leaders:
Volume % of Volume
BOB 15,579 31.96%
CBL 6,910 14.17%
FCL 10,200 20.92%

Major Market Movers:
Closing Price Price Change
BOB $6.00 $0.39
CIB $7.67 $0.17
CBL $7.64 $0.04
FIN $10.25 $0.26


International markets
FX Rates
Wkly % Change
CAD $1.2314 -0.44
GBP 1.8914 1.26
EUR 1.3073 1.60

Commodities:
Wkly % Change
Crude Oil $48.35 2.52
Gold $428.40 1.52

International Stock Market Indexes:
Wkly % Change
DJIA 10,785.22 -0.10
S & P 500 1,201.59 -0.31
NASDAQ 2,058.62 -0.87
Nikkei 11,660.12 0.92


BUSINESS


Th







THE TRIBUNE


MONDAY, FEBRUARY 21, 2005, PAGE 3B


Downtown Nassau to






be regenerated through


division into


three areas


By NEIL HARTNELL
Tribune Business Editor

talised through being divided into
"three distinct districts, each built
upon an existing centre of gravi-
ty", the report presented to the
Government by interns at land-planning compa-
ny EDAW recommends.
The EDAW report suggests downtown Nassau
be divided into three the Living Waterfront
District, bordered by East Street to the west and
the new Paradise Island Bridge to the east; the
Heart of Nassau District, bordered by George
Street to the west and East Street to the east;
and the Garden District bounded by Marcus
Bethel Way to the west and George Street to the
east.
The three districts and entire regeneration
project as designed in the plan will incorporate


10 planning principles. These include "reclaiming
the waterfront" through greater public access
and integrating it into downtown Nassau, with
the EDAW interns pointing out that 55 per cent
of the waterfront is currently inaccessible to the
general public.
The plan submitted to the Government said
the three downtown districts identified in its plan
needed to establish one continuous waterfront
"to maximise connection between the three dis-
tricts. It is crucial that the waterfront be made
continuous and accessible".
The EDAW interns said any regeneration
scheme should encourage ownership by Bahami-
ans, foster interaction between Bahamians and
tourists, construct a framework of incentives to
encourage private sector investment and support
Nassau's culture.
Their survey, they said, showed that downtown
Nassau currently had "an unfriendly pedestrian
environment, confusion about transportation


options and a dearth of traditional Nassauvian
eateries and goods".
On their proposal for a Living Waterfront Dis-
trict, the EDAW interns said: "For the future of
downtown as both a liveable place for residents
and an attractive destination for visitors, there is
not better time than the present to relocate the
commercial shipping industry.
"Public reclamation of this valuable waterfront
property would allow Nassau to prevail as a pre-
mier harbour destination."
The interns' report said the current location
of commercial shipping operations "is problem-
atic for the goal of creating a living and accessible
waterfront. Currently, the shipping infrastruc-
ture dominates views for cruise ship visitors arriv-
ing and departing from the port of Nassau.
"Additionally, the waterfront is largely under
private ownership, resulting in limited public
access to the harbour. In addition, truck traffic
related to the port adds to downtown traffic con-


gestion. The result is that the location of com-
mercial shipping unnecessarily restricts the water-
front experience available to both residents and
visitors."
Assuming that shipping operations could be
relocated, the Living Waterfront District's main
element would involve extending Woodes Rogers
Walk to Armstrong Street from Rawson Square.
This Waterfront Walk would be punctuated by
attractions and public spaces, including a
Junkanoo Craft Market and Deveaux Street
Fountain and Park. Cafes, kiosks and stalls could
be located along this promenade, with links to
Fort Fincastle and the Queens Staircase.
The Heart of Nassau District was described as
the "cornerstone" of the entire redevelopment,
with the EDAW interns' report saying that Bay
Street and the surrounding area had "stagnat-
ed" over the years, and now catered "almost
See PLANS, Page 6B


Plan (From page 1B)


new downtown parking and cre-
ate nearly 1,000 new housing
units. This projection does not
begin to address multiplier
effects or repeat visits by
tourists, or capture the intangi-
ble benefits for local residents."
The EDAW interns hit on a
potential problem facing the
Government if it attempts to
execute on their plan. Much of
the land in downtown Nassau
and Bay Street is privately
owned, while shipping compa-
nies such as Betty K and Trop-
ical Shipping also own the land
upon which they operate.
As a result, all private land-
holders would need substantial
compensation if they were
Affected by any regeneration
plan, while the shipping agen-
cies would also likely seek sub-


stantial sums


if they were to


move to a new port in southern
New Providence.
The Government is favour-
ing the option of dredging a
channel from the Tongue of the
Ocean to a new port at Clifton,
which would be located
between the BEC power sta-
tion and Commonwealth Brew-
ery. Both it and its EDAW
planners are also exploring
whether to cut a new road from
the port through the western
New Providence interior to link
with Gladstone Road, follow-
ing the line of the electricity
pylons leading from Clifton.
To finance the downtown
Nassau regeneration, the
EDAW interns recommended a
variety of options. These includ-
ed special tax zones to attract


private sector investment or
raising taxes. The latter option
is unlikely to fly given the fiscal
deficit and current state of the
public finances.
The issuance of bonds was
another financing measure sug-
gested, while the report added:
"Private offerings of public land
could link area improvements
to new developments.
"In this way, private devel-
opers could pay for public
improvements and in turn ben-
efit from an enhanced local
environment."
The EDAW interns recom-
mended a phased approach to
reviving downtown Nassau,
which would help to spread cap-
ital costs over time and lower
the Government's funding com-
mitment.


Their report said: "Public
seed capital should be focused
spatially and on key improve-
ments. It should create value
and character, attracting resi-
dents, visitors and tourists.
"It should engage in high
impact/low cost. efforts early.
And it should be focused on
attracting investors with the
foresight to build their own
business by improving proxi-
mate and local public spaces."
The EDAW interns proposed
a six-stage plan, with the first
part focusing on improving signs
and traffic patterns to better
direct and aid tourist move-
ments. Then, the focus would
switch to 'catalyst projects', such
as renovating Rawson Square.
The third stage would involve
encouraging the re-location of


shipping, and acquiring water-.
front land "through eminent
domain, purchases or land
swap". Investor efforts should
then be leveraged through pub-
lic/private partnerships, recon-
necting downtown to 'Over-the-
Hill', and then "use increased
revenue streams to develop the
park system and for ongoing
maintenance".
And the EDAW interns
warned: "Continuing disinvest-
ment in Nassau indicates that
decisive action is imminently
needed. The cycle of decreas-
ing tourism, declining spending
and tax revenue, increasing
physical deterioration, and ris-
ing social, economic and envi-
ronmental costs weight strongly
in favour of acting sooner rather
than later.


"Urban revitalisation in Nas-
sau will be reliant in large part
on private investment, which
will be best attracted by codify-
ing architectural, operational
and economic standards, and
by spending seed capital.
"Benefits to the local com-
munity would be myriad: Nas-
sau would present a fresh new
face to its millions of yearly vis-
itors; tourism would increase,
and jobs, nightlife, property val-
ues, and local pride would also
rise commensurately.
"In short, Nassau would wit-
ness a rebirth. As tourists walk
through the city, they would
experience a high-quality, safe,
and attractive environment
which they will tell friends
about, and to which they will
want to return."


Scotiabank


ANSBACHER

The Ansbacher group, specialists in private banking, fiduciary services
and wealth management, has an opening in the Bahamas for a


SENIOR SECURITIES, FOREIGN EXCHANGE
AND MONEY MARKET TRADER

Reporting directly to the Head of Banking, Securities and
Operations, the jobholder will be the primary trader for the bank.
The individual will be responsible for all securities and foreign
exchange trading for the bank. To place deposits and manage
liquidity with correspondent banks on a daily basis to maximize
use of the banks assets. To ensure at all times, the bank operates
within bank placement limits as set by the Group.

To apply, candidates must:

Have a minimum of 3 years active trading experience with a
recognized financial institution, preferably at a managerial level.

Have a thorough understanding of the global financial landscape
and be able to understand and execute transactions in securities,
treasury, futures and options, structured products and foreign
exchange.

Be proficient in the use of spreadsheets and database software
including Bloomberg.

Holding a relevant degree, professional qualification such as Series
7 or equivalent work experience (minimum of 5 years)

Be a self starter who is detail oriented and able to work/think and
communicate effectively under pressure within a team environment.

The successful candidate will enjoy a competitive salary, bonus
and benefit package, commensurate with skill and experience.

Qualified individuals are invited to apply in writing, with a full
resume to:
The Human Resource Manager,
Ansbacher (Bahamas) Limited,
P.O. Box N-7768,
Nassau, Bahamas
Fax 242-326-5020


_ __


IHeBlpng 'buines o usiness'








THE TRIBUNE


PAGE 4B, MONDAY, FEBRUARY 21, 2005


INSIGHT
fo; ;' r the sto L.es behin


Operate (Frompage 1B)
from the fact it was late. A lot of
the reasons it was late stemmed T
from the sale of the cinemas The
and the due diligence involved
in that offering. [But] we're not to ex
making any excuses."
The RND chief operating prin
officer said the AGM for fiscal
2005 would be held "no later does
than June this year", within the
four month deadline specified struI
by the Securities Industry Act
1999 and the Securities Com-
mission of the Bahamas. C
The $4.7 million sale of its
cinema operations to rival Gal- struck
leria Cinemas generated a book
value gain on the divested assets
of $2.622 million, enabling RND Ho
RND Holdings to generate ously predi
$1.257 million in net income for generate net
fiscal 2004. in fiscal 20(
Without that one-off intangi- revenues of
ble, RND Holdings would have Donathan
suffered a $1.43 million loss whether thi
from its continuing operations target to me
in 2004, something Mr saying: "It
Donathan acknowledged, but that."
he said that the latter were But he ad
"also headed in the right direc- ing in the
tion". While the d
Another of RND Holdings' dend was a
major objectives was to ensure tive, Mr D
that trend continued, and the year-end wa
continuing operations loss in fis- for achievin
cal 2004 was an improvement He added
on the $2.519 million loss suf- RND Holdi
fered the previous fiscal year. West in Nas


holdings had previ-
icted that it would
t income of $379,105
15, generating total
$1.453 million. Mr
declined to say
e company was on
eet those objectives,
's too early to say
lded: "We're trend-
right direction."
eclaration of a divi-
longer-term objec-
onathan said 2008
is an "outside date"
ug that.
I that the two malls
ings owned RND
issau and its equiva-


lent in Freeport "remain in
excess of 90 per cent tenanted",
with the company looking at
whether its proposed shopping
centre project at Charles W
Saunders Highway remained
viable.
The anchor tenant at that
shopping centre would have
been another RND cinema, but
the sale of that business to Gal-
leria has left the company look-
ing around for another anchor -
something key to the develop-
ment going ahead.
Mr Donathan said: "We are
now looking to see if that pro-
ject is still viable and, going for-
ward in the future, looking at
other opportunities as they


reason why we are looking

it Gold's Gym is because,

narily in our estimation, it

3n't fit into a corporate type

cture. It is more geared to

in owner-operator type

.ture with the owner there.'


Ticket (From page 1B)


The Baham Institute of CharteredAccountants

Continuing Professional Education

SEMINARS
To be Held at the


WYNDHAM NASSAU RESORT
Cable Beach,
Nassau, Bahamas

Tuesday February 22nd, 2005

Time: 9:00am 4:30pm
Topic: INTERNATIONAL FINANCIAL
REPORTING STANDARDS
UPDATE (TECHNICAL UPDATE)
Presenters: KPMG

Wednesday February 23rd, 2005

Time: 9:00pm 1:00pm
Topic: INTERNATIONAL FINANCIAL
REPORTING STANDARDS
UPDATE (TECHNICAL UPDATE)
(contd.)
Presenter: KPMG

Time: 2:00pm 4:30pm
Topic: CSME -What will The Bahamas do?
Presenter: Mr. A. Leonard Archer
Bahamas Ambassador to Caricom

Reservation may be made by calling the
Secretariat at 394-3439

Costs: Members $100.00/ day
Non-Members $125.00/day

All payments must be made prior to seminar dates
or at the door.


press service to Sky (Bahamas).
He added: "We've begun
talks with other independent-
ly-owned charters. The response
has been very positive in terms
of the interest in being on the
system."
Mr Donathan said the advan-
tage for charter operators in
using the TicketXpress system
was that they increased their
distribution system without hav-
ing to undertake any capital
expenditure or risk themselves,
as this was carried by his com-
pany.
In addition, TicketXpress was
enhancing their reservation
function by setting up a call cen-
tre manned by agents able to
answer customer queries and
take reservations.
Mr Donathan said that essen-
tially TickeXpress was provid-
ing an automated reservation
and e-ticketing system that
would allow charter operators
to focus on their main business
offlying.:The system m wouldalso


connect with these companies'
back-end operations, allowing
them to monitor agents' sales
performance, overall cash flow
and generally providing auto-
mated auditing functions.
TicketXpress had already
begun a trial run with Western
Air in a bid to migrate the com-
pany's syste with its own by ear-
ly March, and it aimed to
migrate other charter operators
to its system "shortly there-
after".
Mr Donathan added: "We
expect that within 36 months
this initiative will be a major
contributor to the group's bot-
tom line."
He said that RND Holdings,
which had undergone a major
restructuring and refocusing
since it disposed of its cinema
business to Galleria Cinemas
for $4.7 million, was now focus-
ing on controlled and managed
growth in core businesses it
understood.
Mr Donathan said all Tick-


etXpress contracts were for a
minimum of five years, as the
company had undertaken all the
hardware and software costs
associated with developing the
programme and provided access
to the service provider, with no
capital expenditure incurred by
the other party.
TicketXpress would be paid
on a commission basis, although
it is now paid by Galleria on a
lump-sum basis for the ticketing
services it provides to the lat-
ter's cinemas, with the payment
based on consumer traffic per
year.
Mr Donathan said it had tak-
en 18 months to develop the
TicketXpress system, which had
been initially intended for use in
providing wider ticke distribu-
tion for the now-sold cinema
operations. However, it became
clear to the company, through
its hardware and software
provider, that this was a major
"under-utilisation" of the sys-
tem.


i Annual i


FUN RUN/WALK '

February 26th 2005
Race Starts at 7:00 am at the Western Esplanadeto Goodman's Bay & back
to the Western Esplanade. Lateregistration starts at 6:00 am
Registration Fee: $12.00 (Includes race t-shirt and other gifts and surprises)
Early registration & applications can be dropped off at Subway restaurant in the
Harbour Bay Shopping Centre from.February 14 25
All Proceeds will be donated to The Bahamas Heart Association and The Strider Track Club
Trophies and prizes will be awards for different categories

Name:
Date of Birth I / Age (on race day)_ Sex: M F -
Address:
E-mail Address: Telephone:


Check Appropriate Category
Runners
Under 15 Female Male
Under 20 Female Male
Under 30 Female Male
Under 40 Female Male
Under 50 Female Male
Masters
Over 50 Female Male


Walkers
Under 15 Female Male
Under 20 Female Male
Under 30 Female Male
Under 40 Female Male
Under 50 Female Male
Masters,,
Over 50 Female Male


T-shirt Size (circle one) Small I Medium Large I X-Large I 2X Large


APPLICATION
FEE IS:
$12.00


Date:


PARENTS SIGNITURE (if under 18): _. .... :_.. Date:
I assume all risks associated with The Subway Fun Run/Walk including, but not limited to, falls, contact with other particpantens the effect of the
weather, including extreme heat, extreme cold, and/or humidity. traffic and the conditions of the road,all such rikis being known and appreciated
by me. Having read this waiver and knowing these facts and in consideration of accepting my applicattl I, for myself and anyone entitled to act
on my tbelhalf, waive andt release SubwetyT and all sponsors, their reproens itaivesn, id succesSrs firo1; all claims and liabilltie of a:y kind arising
out of my participation in the Subway Fun.eRun/Walk even though that liability rmay arle outof egligence or carelessnsastothe part of the
persons named in this waiver I am aware that the registration fee is non-retundable. I am also aware that the course wil open to traffic! ad that
headphone, jogging strollers, bikes; ir Iniee skaters and si-ilar items ard ani eal-o accottipaonyintg ernlraidit are not peirittled ot thie course
Prior to any physical activity, we strongly suggest you consult a physician.


41 XTti-olt '


I -

urT^ irasssn


fory ur A .
HEART i


ttieill ei, ntli


AL


is it in youth




QUAKER


relate to commercial real estate
with a view to growing it."
Expansion of the Freeport Mall
with a Phase H was also under
consideration.
Mr Donathan added that the
company was still seeking to
exit the Gold's Gym business,
for which it held the franchise in
the Bahamas and seven other
Caribbean territories.
He said: "There is one group
we are talking to that appears
very interested. However, noth-
ing has been definitively
agreed."
However, Mr Donathan said
the Gold's Gym business was
cash flow positive and, on that
basis, "not creating a drag on
the company".
"The reason why we are
looking to exit that business is
because, primarily in our esti-
mation, it doesn't fit into a cor-
porate-type structure," Mr
Donathan said.
"It is more geared to an own-
er-operator type structure
where the owner is there all the
time. We're looking to divest
ourselves from that business at
a value that is fair market val-
ue."
RND Holdings is also still
looking for a tenant or buyer
to take over its former cinema
property in Abaco.


"there are certain inherent risks
with e-commerce", such as secu-
rity, although this was part of
RND Holdings' long-term
plans.
Customers would initially
have to make payments at Tick-
eXpress's distribution outlets,
located at the two Galleria cin-
emas at Mall at Marathon and
RND West, plus Galleria's
Freeport cinema.
Mr Donathan said RND
Holdings was in negotiations
"with other parties" over the
latter providing TicetXpress
payment points, and eventually
planned to offer a whole range
of reservation services through
TicketXpress.
The company, though, had
prioritised the roll-out of the
services its offered, focusing on
those that "provide an imme-
diate revenue flow".
Mr Donathan said that apart
from Western Air, RND Hold-
ings had also signed a contract
to provide the same TicketX-


Largest Group/Name:


Cititrust (Bahamas) limited, a subsidiary of Citigroup, a leading
financial institution with a presence in over 100 countries and over 100
million customers worldwide,

is seeking candidates for the position of


DOCUMENT CONTROL MANAGER


FUNCTIONAL/DEPARTMENTAL DESCRIPTION

Global Wealth Structuring forms the Citigroup international offshore trust
companies servicing non U.S. high networth clients in Bahamas, Cayman
Islands, Switzerland, Jersey Channel Islands, New Jersey and Singapore.
Products target wealth preservation around fiduciary structure.

MANAGEMENT RESPONSIBILITIES

- Management of document control unit (Imaging, Safe Keeping, Dual
Control, Warehouse, Records Management.)
- Ensure that all records are kept within compliance to Citigroup standards.
- Implementation of GWS records management strategy.
- MIS reporting.
- Management of risk and assist in coordination of audit.


KNOWLEDGE/SKILLS REQUIRED

- Historic imaging and records management experience and familiarity
with Trust and Company documentation.
- Strong oral and written communications skills.
- Interfacing with various business units on a global basis.
- Influencing, organizational and leadership skills.
- Initiative and the ability to think strategically
- People Management.
- 2-4 years Imaging and/or records management experience.
- Bachelor of Arts or Bachelor of Science or equivalent experience.

Interested candidates should forward a copy of their resume to:
Operation Controls Head
Cititrust (Bahamas) Limited
P.O. Box N-1576,
Nassau, Bahamas
Fax: (242) 302-8732 OR
Email: gieselle.campbell@citigroup.com

Deadline for application is February 23, 2005.


Signature:


I


BUSINESS


Masters
Over 60


Masters
Over 60


Female


Female


v







MONDAY, FEBRUARY 21, 2005, PAGE 5B


THE TRIBUNE


Develop (From page 1B)


has also entered the affair, with
its president Pat Bain saying the
sale of the three properties to
Baha Mar is "in the best interest
for tourism in the country as it
will be a breath of fresh air".
Mr Bain also criticised Mr
Ruffin for not being "an entire-
ly good investor" for the
Bahamas. He added: "Upon the
purchase of the Crystal Palace,
it was envisioned that there
would be some new things hap-
pening, there would be some
new vigour, but over the years
that has not materialised and it
has come down to the point


where it is viewed that he only
utilises the Crystal Palace as a
holding ground and a sort of
playground for him."
Arguing that the $1.2 billion
project "can only augur well for
the future of tourism in the
Bahamas and for the welfare
and the benefit of the employ-
ees in those three hotels", Mr
Bain said the Cable Beach strip
had been allowed to deteriorate
and that some counterbalance
to Kerzner International's inter-
ests on Paradise Island was
needed.
And Mr Bain added: "This


also comes on the heels of what
is now happening in Grand
Bahama with the Royal Oasis,
and so the Hotel Workers
Union can only caution the
Government to ensure that any
future developer that comes in
goes under intense scrutiny so
that we don't suffer the same
kind of situation and further the
recommendations we made
before.
"That is to require the devel-
oper to put severance pay into a
holding bond for workers so
that any potential investor that
wants to leave the country, our


Tourist (From page 1B)
private islands, such as Half Moon Cay.
As a result, per capita spending by cruise ship passengers in the major ports is relatively low,
while funds spent on private islands do not produce much of a trickle-down effect into the Bahami-
an economy.
The percentage gap between the proportion of seas-based arrivals by first port of entry and air arrivals
is at its largest since 1971.
A 27-year compounded annual growth rate shows that the rate of growth for air arrivals has been
a relatively static 1.36 per cent, but that for sea arrivals stood at 7.85 per cent.
Air arrivals to the Bahamas as a whole in 1971 stood at 970,970, some 66.3 per cent of the total, but
sea arrivals first overtook in 1986 and since then have been steadily outgrowing their counterpart.


BAHAMAS ELECTRICITY CORPORATION

VACANCY NOTICE








A vacancy exists in the Corporation for the post of Network Support Assistant in the
Information Technology Services Department Finance Division.
Duties for this job may include, but are not limited to the following:
Assisting with the continuous operation and maintenance of the Corporation's Local and
Wide Area Networks (New Providence & Family Islands).
Troubleshooting and resolving network hardware/software conflicts
Ensuring that all network devices are properly configured and functioning
Providing end-user support for hardware, software and network access issues.
Network performance monitoring and the maintenance of corresponding statistical data.
Maintaining network architecture documentation.
Repairing Personal Computers and peripheral equipment.
Monitoring and maintaining computer equipment inventory/supplies.
Identifying and recommending Information Technology solutions
Job minimum requirements include:
An Associate Degree with concentration in Computer Science (B.S. Degree preferable)
A minimum of 3-5 years experience maintaining LAN/WAN environment.
Network + and / or A+ Certification (Cisco CCNA a plus).
Sound technical knowledge of network and computer operating systems.
Demonstrated knowledge of the operation and function of standard networking equipment.
Sound knowledge of the office automation software such as the Microsoft Office suite.
Troubleshooting skills
Excellent written and verbal communications skills
Knowledge of effective user support services
A team player that is performance driven and results oriented
Interested persons may apply by completing and returning the Application form to
The Manager, Human Resources & Training,
Blue Hill and Tucker Roads
P.O. Box N-7509,
Nassau, Bahamas


on or before 'Iesday, March 1, 2005


workers will not suffer in the
future.
"And that only not goes for
hotel workers, but for any
investor, any developer that has
massive enterprises such as
these that are now coming on
stream. The government has
been trying to link tourism into
the Family Islands and so, since
the strength of the government
is not in those areas, I think this
can only work to the benefit of
/employees inside this-country."


Share your news
The Tribune wants to
hear from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


SUBS

UBS (Bahamas) Limited is seeking a suitably qualified
individual to join'their team as

Head Controlling & Accounting

In order to satisfy our requirements all applicants must
possess:

* Bachelor's degree in Finance or Economics from
a recognised and accredited educational institution
* Minimum of 7 years experience in Controlling,
Accounting and Data Management at a global
bank;
* Extenfve Reporting and Planning experience;
* Excellent Knowledge of international banking
environment;
* Extensive Leadership and Management experience
in a very diverse and complex environment;
* Fluency in English and German is essential.

In addition, the candidate must have an in-depth
understanding of Financial Instruments and extensive
knowledge of MS Office and related Application
Software products. The ideal candidate must possess
strong analytical skills, be a highly motivated teamplayer
and willing to adapt to a dynamic work environment.

Written applications by Bahamian nationals only should
be addressed to:

UBS (Bahamas) Ltd.
Human Resources Management
RO. Box N-7757,
Nassau, Bahamas


P.O. Box AP-59222
Nassau International Airport
Nassau, Bahamas

The Airport Authority invites Tenders for the provision of seventy-five
(75) standard size Sanitary Disp sal Units on the following premises at
Nassau International Airport: (W) All public ladies restrooms within
Terminal 1 & 2; (B) General Aviation Centre; (C) the Authority's
Executive Offices; (D) Air Traffic Services Centre; (E) the Airport Car
Parking Booths

The Contracts will run for a period of twenty-four months beginning
April 1, 2005. It is required that all units are replaced on a weekly basis
or as necessary, with clean, sterilized units.

Interested Companies will be required to demonstrate their experience
and ability to carry out the contract, including financial capability and
staffing.

The Authority will arrange for a familiarization tour of areas comprising
the contract immediately following a briefing session from all interested
parties, which will be held at the Board Room of the Executive Offices
of the Authority on Thursday 24thfebruary, 2005 at 2:30 p.m. Companies
wishing to submit tenders should contact the Authority prior to the date
so that arrangements can be made for participation in the briefing.

Tenders must be submitted in sealed envelopes marked "TENDER
FOR SANITARY DISPOSAL UNIT SERVICES" and addressed to
the undersigned:

The General Manager,
The Airport Authority,
Nassau, Bahamas

All Tenders must be hand delivered to the Executive Offices of the
Airport Authority not later than 4:00 p.m. on the 4th March, 2005.

Companies who have submitted Tenders will be invited to attend the
Tender Opening process on Tuesday 8th March, 2005 at 10:30 a.m.

The Authority reserves the right to reject any or all Tenders.


BSNS


-1


I -


,,_


'000








THE TRIBUNE


PAGE 6B MONDAYFEBRUARY 21, 2005


SBUSINESSI


Plans (From page 3B)


solely" to day-tourists from vis-
iting cruise ships.
Bay Street needed to appeal
to Bahamians and provide
evening attractions. Yet at the
moment it chiefly consisted of
jewellery, liquor and souveni-
ur stores and lacked diversity,
closing down at 5pm and pro-
viding few parking facilities.
The report said: "Disinvest-
ment has become a prevalent


problem. There are a select
number of landowners and
almost no small business.
"Few locals venture down to
Bay Street except on major hol-
idays because the street's retail
is almost solely geared towards
tourists. Tourists, in turn, tend
to move through Bay Street too
quickly to spend much money
or to experience the local cul-
ture."


The EDAW interns echoed
the Prime Minister's proposal
to remove the Churchill Build-
ing and replace it with a better
structure, arguing that the fact
many government buildings and
institutions were located in
downtown was one of the fac-
tors that made Nassau
"unique".
"The Bahamian government
could be showcased by the cre-


BAHAMAS ELECTRICITY CORPORATION

CONSTRUCTION OF 34.5 KV "ASH", AAAC THREE-PHASE
TRANSMISSION LINE
CROSSING ROCKS, ABACO, BAHAMAS

TENDER No. 563/04
The Bahamas Electricity Corporation invites tenders from eligible bidders for the
construction of approximately 16.5 miles of 34.5 KV "ASH" AAAC 3-phase
transmission line with all associated hardware mounted on single wood poles from
CROSSING ROCK to SANDY POINT, Abaco, Bahamas.
Bidders are required to collect packages from the Administration Office, Blue Hill
& Tucker Roads by contacting:-
Mrs Demeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
Phone No. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before 23 February 2005 by 4:00pm and
addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs Delmeta Seymour
Marked: Tender No. 563/04
"LINE CONSTRUCTION CROSSING ROCK, ABACO"
The Corporation reserves the right to accept or reject any or all tenders.




mm m m mm m m


for the .W SkT I


Schedule: MATH 2 hours I VERBAL 2 hours

This course specifically addresses the demands of the new SAT I, using authentic materials
prepared and published by the College Board. Students will focus on test-taking strategies
and develop skills in English (including writing skills and essays) and Mathematics
(including Algebra 2).


Duration: 26th February-30th April
Saturdays 9:00a.m-1:00 p.m
(Including sessions during the Easter holidays)
Cost: $395.00


I

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I-.


I
I .

I

I


I Don't delay...sign up today...and secure your place!

II
I Contact the C. F. E. Administrator at Queen's College I

Phone: 242-393-1666
Fax: 242-393-3248
Email: fdeqchencefortk.com
L mlmI Illlllllll IlIII


atian of a geen mall anchored
by important building sites at
either end," they said.
To relieve downtown Nas-
sau's traffic problems, the
EDAW interns suggested the
creation of a new east-west road
to divert traffic south of the
area, between Mackey Street
and West Bay Street. This
would involve connecting and
widening Madeira Street, Sixth
Terrace and Chippingham
Road.
They also recommended con-
verting Bay Street and Shirley
Street into two-way roads;
extending Collins Avenue to
Bay Street and Dowdeswell
Street to East Street; and
increasing the radi of some
curves on Shirley and Marlbor-
ough Streets "to straighten the
roads and alleviate bottleneck-
ing at those points".
And the EDAW interns also
backed the Ministry of Trans-
port's plans for jitneys, urging
consolidation of the current bus
system to boost regulation and
efficiency. They proposed the
.creation of specific bus and taxi
stations in the downtown area
to stop jitneys stopping on the
street and free up public park-
ing spaces.
The EDAW interns also sug-
gested the creation of a water
taxi system to connect various
points along the harbour and
the shore, with a second dock
constructed at the Collins
Avenue/Bay Street for the
inter-island fast ferry system.
And downtown Nassau's cur-
rent 3400 parking spaces met
only 45 per cent of demand,
with the spaces distributed
across privately owned lots,
"making it difficult to find park-
ing where and when it is need-
ed".
The recommendations are for
500-700 parking spaces on exist-
ing lots around the downtown
area, such as behind the Post
Office, additional on-street
parking on Bay Street east of
Rawson Square and creating a
public parking authority to
manage the system.


IndiGO


Indigo Networks is a developing telecommunications company based in
Nassau, Bahamas. Beginning in 2004, Indigo introduced the Bahamas' first
licensed telephony competition to the islands of New Providence, Grand
Bahama, and Abaco, Indigo is currently in search of a highly-qualified Manager
of Network Services, Successful candidates will be highly energized, willing and
able to take on the challenges of a fast-paced network rollout,


Job Description
Network Services is tasked with OA&M of a broad range of systems within the
expanding Indigo network. The manager is responsible for providing strong
leadership for a group of IT personnel with varying disciplines and a range of
technical experience. The principal objective of the Network Services team is
to provide highest system availability and reliability for all telecommunications
and Internet related commercial services and products.
The manager's secondary responsibilities will include budget preparation,
project planning and implementation, vendor management, carrier liaison,
and implementation of technical projects needed to meet business objectives.
Qualifications
* Determined and independent, with 5 years previous IT management
experience maintaining a service provider's network
Willingto work hands-on 7/24/365 to resolve network or system problems
University degree. CCNP/CCSP/CCIE, MCP/MCSE, CCSA/CCSE designations
a plus
Excellent verbal and written communications skills
Excellent troubleshooting and. analytical skills
*.History of successful vendor management
Preferred to have already acted in a capacity as carrier liaison
Demonstrable experience with Cisco routers, switches (LAN and WAN)
Knowledge of the fundamentals of 2nd generation NLOS MMDS wireless
systems and wireless backhaul
Solid understanding of telecommunications circuits from DSO through DS3
Flexibility to manage multiple cell sites and Operations Centers distributed
across three islands
* Familiarity with MINDCTI billing system and associated AAA and DB
* Hands-on security expertise firewalls, VPNs, IDS
* Extensive knowledge of IP telephony (VolP/VoN), Cisco BTS10200 softswitch,
: PSTN gateways, SS7, QoS, SIPR H.323, MGCP
Expertise with typical ISP applications (DNS, radius, Rwhois, mail, network
management/SNMIR packet analyzers, etc.)
Hands-on Unix (Sun and Linux) and NT Admin
Experience with softswitch administration a necessity

Salary is commensurate with qualifications.
Apply to:


PO. Box N-3920
Nassau, Bahamas


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THE TRIBUNE


MONDAY, FEBRUARY 21, 2005, PAGE 7B


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Innovative Offshore Bank is
presently looking for a

back office
administrator

The successful applicant must
have 'several yeas ofprivate banking
background
* be computer literate

We require knowledge and experience
with
* Securities
* Corporate Actions
* Foreign exchange transactions
* Payments and transfers
* Accounting
* Reconciliations

Team player with pleasant personality.
Must be able to work independently
with minimal supervision. Series 7
certification is an asset.

We offer
* a salary which is commensurate with
the job, a pension plan and medical
insurance
Please send your resume and one (1) letter of reference
to SYZ & CO BANK & TRUST Attention Betsy *
Morris (betsy.morris@syzbank.com) P. 0. Box N-1089
Bayside Executive Park West Bay Street & Blake
Road Nassau Bahamas Fax: 327-6629


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NOTICE
NOTICE is hereby given that KIM THURLOW, FA LOVE
BEACH, COLONY WEST, NASSAU, BAHAMAS, P.O. BOX
CB-11398, is applying to the Minister responsible for Nationality
and Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted, should
send a written and signed statement of the facts within twenty-
eight days from the 14TH day of FEBRUARY, 2005 to the
Minister responsible for Nationality and Citizenship, P.O.Box
N- 7147, Nassau, Bahamas.


Shirliy eights 0 1 Mo ye-mciaStBuildingh


This complex has six (6) spacious units all of which
are under lease for either retail stores or office use.
CentralizedA/C and all utilities are available.Accordian
style hurricane panels are installed providing an
additional hassle free security feature for tenants.The
complex has Ample Parking and a Newly Asphalted
Driveway.The location just off of Collins Avenue puts
this Commercial Complex very close to Downtown
and the Palmdale business hub making it a convenient
location for most businesses and prospective tenants.
Offered at $700,000, this will not last!


(REP,
Caribbean Regional
Environment
Programme


M
Financed by the
European Union



Bahamas
Focal Point
Organizations













BEST Commission



CAR"FORUM
Authorized by the
Caribbean Forum of ACP
States




Caribbeenconmervaion
Association


Listing ID: CB1854
Listing exclusively with:




Allan Murray
Phone: 357-4561
allan@kingsrealty.com







KINGS
REAL ESTATE
www.kingsrealty.com


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POSITION AVAILABLE

COMMUNITY LIAISON
OFFICER
The Caribbean Regional Environment
Programme (CREP) is seeking a
Community Liaison Officer (CLO). The
CLO will engage Andros communities
and-other stakeholders in the CREP
Project activities and provide support for
the project Manager. The position is based
with CREP Project, in Fresh Creek,
Andros.
Skills Required
* Team player able to work with
communities throughout Andros
* Excellent oral and written
communication skills
* Willingness to travel and to work
outside normal hours when
necessary
* Awareness of environmental issues
would be an asset
Qualifications
* Familiar with the communities of
Andros
* Strong facilitation skills for
meetings and workshops
* Computer literate
* Ability to plan/conduct
community meetings and
workshops
If you are interested in this exciting
opportunity please send resume, cover
letter & other supporting documentation
to:


CREP Position OR
P.O. N-4105
Nassau, Bahamas


: CREP Position
P.O. Box 23338
Fresh Creek, Andros


Material may also be delivered by hand to the
CREP/ANCAT office, Fresh Creek, Andros or
by e-mail to: exancat@batelnet.bs
All applications must be received by
Friday 11th March 2005


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NOTICE

TAKE NOTICE that LEROY JOHNSON late of Love
Lane in the Island of Harbour Island one of the Islands of
the Commonwealth of The Bahamas died on the 9th October
A.D., 2003 domiciled in the Commonwealth of The Bahamas
intestate leaving TERRY CASH JOHNSON, his widow
and heir at law he surviving. At the date of his death, the
deceased left only a bank account at ScotiaBank (Bahamas)
Ltd. in the Commonwealth of The Bahamas and had no
other assets in the jurisdiction. Application has been made
to the said ScotiaBank (Bahamas): Ltd. tohave the assets
distributed pursuant to S.50 of the Supreme Court Act
without necessitating the Probate of the Estate within the
Commonwealth of The Bahamas and the Bank has agreed
to do so provided the provisions of the Section are complied
with and accordingly, this is to advise that anyone having
a claim to an interest in the Estate of the deceased person
must within 3 months of the date hereof submit particulars
of such claim in writing to the Bank herein before stated
failing which the assets will be distributed by the Bank to
the persons entitled on the intestacy of the deceased.

DATED the 10th day of February A.D., 2005

JOHNSON & CO.
Attorneys for TERRY CASH JOHNSON
Personal-Representative of the Estate
of LEROY JOHNSON


Caribbean Regional
Environment
Programme



Financed by the
European Union



Bahamas
Focal Point
Organizations













BEST Commission



CARIFORTM
Authorizedbythe
Canitean Forum of ACP
States



bIempoem~d by the
CarweanConrwanbon
Assocladon


POSITION AVAILABLE

Administrative
Assistant

The Caribbean Regional Environment
Programme (CREP) is seeking an
Administrative Assistant to provide
administrative support for the Andros
Conservancy and Trust and the CREP
Project. The position is based with ANCAT,
in Fresh Creek, Andros.
Skills/Qualifications
* Computer literate, especially Microsoft
Office Suite
* Minimum of 2-3 years experience in office
procedures, including performing basic
accounting tasks, operating office
equipment, and receptionist skills
* Excellent oral and written
communication skills
* Positive attitude and self motivated
* Excellent organisational skills and ability
to multitask
* Detail oriented and able to meet
deadlines
* Ability to maintain confidentiality of
records and information
If you are interested in this exciting
opportunity please send resume, cover
letter & other supporting documentation
to:

CREP Position OR: CREP Position
P.O. N4105 P.O. Box 23338
Nassau, Bahamas Fresh Creek, Andros

Material may also be delivered by hand to
the CREP/ANCAT office, Fresh Creek, Andros
or by e-mail to: exancat@batelnetbs

All applications must be received by
Friday 11th March 2005.


______________a______________________________


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NOTICE


IN THE ESTATE OF ASA CHRISTOPHER
BUTLER late of Soldier Road West, N.P., Bahamas,
deceased.


Notice is hereby given that all persons having any
claim or demand against the above Estate are required to send
their names, addresses and the particulars of their debts or
claims duly certified to the undersigned on or before the 14th
day of March, A.D., 2005, and if so required, to prove, such
debts or claims or in default thereof they will be excluded from
the benefit of any distribution made before such debts or claims
are proved; after the above date the Personal Representative
will proceed to distribute the assets having regard only to the
proved ddebts or claims of which they shall then have had
notice.

And Notice is hereby given that all persons indebted
to the said Estate are requested to make full settlement on or
before the date herein before mentioned.

Dated this 14th day of February, A.D., 2005.


CLARITA V. LOCKHART
Attorney for the Personal Representative
No. 90, Shirley Street, P.O. Box N-4283
Nassau, Bahamas


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Telephone 242 393 2007
Fax 242 393 1772
Internet www.kpmg.com.bs


AUDITORS' REPORT TO THE SHAREHOLDER


We have audited the accompanying balance sheet of Boavista Banking Limited ("the
Bank") as of December 31, 2004, and the related statements of income and retained
earnings and cash flows for the year then ended. These financial statements are the
responsibility of the Bank's management. Our responsibility is to express an opinion on
these financial statements based on our audit.

We conducted our audit in accordance with International Standards on Auditing as
promulgated by the International Federation of Accountants. Those Standards require
That we plan and perform the audit to obtain reasonable assurance as to whether the
financial statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting principles used and significant estimates
made by management, as well as evaluating the overall financial statement presentation.
We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements present fairly, in all material respects, the financial
position of the Bank as of December 31, 2004 and the results of its operations and its
cash flows for the year then ended in accordance with International Financial Reporting
Standards promulgated by the International Accounting Standards Board.

As described in note 1 to the financial statements, the Bank is part of the Bradesco Group
and has significant transactions and balances with the Parent Company and related
parties. Because of the nature of these relationships it is possible that the terms of these
transactions are not the same as those that would have resulted from arms length
transactions between the Bank and unrelated parties. Accordingly, users of the financial
statements should read these financial statements in conjunction with the audited
financial statements of the Parent Company and Banco Bradesco S.A., the ultimate
Parent Company.

As explained in note 1 to the financial statements, on December 29, 2004, the Bank
obtained approval from the Central Bank of Brazil to transfer all of its assets to Banco
Boavista Interatlantico S.A. Grand Cayman Branch. The Bank intends to apply for similar
approval form the Central Bank of the Bahamas and then cease all banking business and
return its banking license.





Chartered Accountants

Nassau, Bahamas
January 10, 2005



Boavista Banking Limited
Balance Sheet

December 31, 2004, with corresponding figures for 2003
(Expressed in thousands of United States dollars)

2004 2003

Assets

Demand deposits $ 302 604
Short-term placements with banks (notes 3 and 6) 115,600 114,750
Accrued interest receivable (note 6) 35 39
Other assets 31 45 -
Prepaid expenses 20 5

$ 115,988 115,443



Liabilities and Shareholder's Equity
Liabilities:
Deposits from banks (notes 4 and 6) $ 800 750
Accrued interest payable 4 3
804 753

Shareholder's Equity 1
Share capital (note 5) 9,000 9,000
Retained earnings 106,184 105,690
115,184 114,690

$ 115,988 115,443


See accompa ing notes to financial statements.

These nancial ateme s were ap roved on behalf of the Board of Directors on
Jan ry 0,2 05 y the lowing:







ene Moran Millan





Boavista Banking Limited
Notes to Balance Sheet

December 31, 2004
(Expressed in thousands of United States dollars)



1. General Information

Boavisia Banking Limited ("the Bank") was incorporated on January 25, 1994 under the laws of the
Commonwealth of The Bahamas and is licensed to carry on banking business from within The Bahamas.
The Bank is a wholly-owned subsidiary of Banco Boavista Interatlantico S.A. ("the Parent Company"). The
Parent Company, since 2000, is a wholly-owned subsidiary of Banco Bradesco S.A. both of which are
Incorporated in Brazil, and are multiple-service banks which are authorized to operate in the following
areas: commercial, Investments, consumer credit, foreign exchange, leasing, asset management and
savings and housing loans. The group of entities controlled by or affiliated to Banco Bradesco S.A. are
referred to as the "Bradesco Group".

The Bank's operations are conducted in the context of a group of companies which are jointly active in the
financial markets and certain transactions are carried out with the participation or Inter-mediation of the
other member companies of the Bradesco Group. The benefits of fnter-company services and the costs of
the Bradesco Group's operational and administrative structure are allocated to the companies, individually
or proportionately, as is most practical and reasonable in the circumstances. As part of the Bradesco'
Group, the Bank has significant transactions and balances with the Parent Company and related parties.
Because of the nature of these relationships It is possible that the terms of these transactions are not the
same as those that would have resulted from arms length transactions between the Bank and unrelated
parties. Accordingly, users of the balance sheet should read this balance sheet in conjunction vIth the
audited financial statements of the Parent Company and Banco Bradesco S.A.

During the current year, the Bank's operations comprised placing and accepting deposits with banks
related to the Parent Company. No deposits were accepted from third party customers and no other
banking relationships were established, except with related party banks.

On April, 5, 2004, the Parent Company requested permission from The Central Bank of Brazil to transfer
the total of amount of the Bank's assets to Banco Boavista Interatlintico S.A. Grand Cayman Branch
which Is also a member of the Group. On December 29, 2004, the transfer was approved by the Central
Bank of Brazil. The Bank intends to apply for similar approval from the Central Bank of the Bahamas and
then cease all banking business and retum its banking license.

The Bank's registered office is located at Scotia Bank Building, Suite 105, Bay Street, Nassau, Bahamas.
As of December 31, 2004 and 2003 the Bank had 2 (2002: 2) employees.




Boavista Banking Limited
Notes to Balance Sheet, Continued

December 31, 2004
(Expressed in thousands of United States dollars)



2. Summary of significant accounting policies

2.1 Statementof compliance

The balance sheet has been prepared In accordance with Intemational Financial Reporting Standards


("IFRS") and Its Interpretations adopted the Intemational Accounting Standard Board. The preparation of
balance sheet in
conformity with IFRS requires management to make estimates and assumptions that affect the reported
amounts of assets abilities and disclosure of contingent assets and liabilities at the date of the
balancesheet Actual results could diftifr om thoseestimates.

The measurement and presentacin cunency of the Bank Is the United States dollar and not the local
currency of the Bahamas retedin the fact that the majority of the Rank's transactions are conducted in
United States dollars which Is considered to be Its operating currency.


KPMG
PO Box N 123
Montague Sterling Centre
East Bay Street
Nassau., Bahamas


Boavista Banking Limited
Notes to Balance Sheet, Continued

December 31, 2004
(Expressed in thousands of United States dollars)


5. Share capital

Share capital comprises 9,000,000 (2003: 9,000,000) shares, with a par value.of $1.00 each all of which
have been Issued and paid in full as of December 31,2004 and 2003.

6. Related party balances
This balance sheet Include the following related party amounts:

2004 2003

Assets:
Cash 186 590
Short-term placements with banks $ 115,600 114,750
Accrued interest receivable 35 39

Liabilities:
Deposits from banks 800 750


7. Concentration of assets and liabilities

2004 2003
Assets Liabilities Assets Uabilitles

Grand Cayman S 115,017 114,626
Brazil 804 753
United States of America 118 14
Bahamas 51 50
Argentina 804 753
$ 115.988 804 115,443 753


8. Risk management

Credit risk

Financial assets which potentially subject the Bank to credit risk comprise cash and cash equivalents,
short-term placements with banks and accrued interest receivable. All of these assets are denominated in
United States dollars. The Bank's cash and interest-bearing deposits are primarily with related parties
and this risk Is managed at the Bradesco Group level. The Bank's maximum exposure to credit risk is
represented by the carrying value of financial assets.

Interest rate risk

Certain short-term placements with and deposits from banks are subject to Interest rate risk. The Bank
manages this risk by entering into transactions which are generally short-term In nature with Interest
adjusted at each maturity date.


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The balance sheet is prepared on a fair value basis for financial assels held-fo-trading. Other financial
assets and liablillies and non-financial assets and liabilities are stated at amortized cost or historical cost

The accounting policies have been consistently applied by the Bank and amre consistent with those used in
the previous year.

2.2 Financial Instruments

(I) Classification

Trading Instruments are those that the Bank principally holds for the purpose of short-term profit
taking.

Held-to-maturity assets are financial assets with fixed or determinable payments, fixed maturity and
those that the Bank has a positive Intent and ability to hold to maturity. These include short-term.
placements with banks.

(ii) Recognition

The Bank recognizes held-for-trading assets an the date it commits to purchase the assets. Held-to-
maturity assets are recognized on the settlement date, being the date they are transferred.to the
Bank.



Boavista Banking Limited
Notes to Balance Sheet, Continued

December 31, 2004
(Expressed in thousands of United States dollars)



2. Summary of significant accounting policies, continued

2.2 RFinancal Instruments, continued

(iii) Measurement

Financial instruments are measured Initially at cost, including transaction costs:

Subsequent to Initial recognition all non-trading financial assets and liabilities, and held-to-maturity
assets are measured at amortized cost less Impairment losses where applicable. Amortized cost Is
calculated using the effective Interest rate method. Premiums and discounts, Including Initial
transaction costs, amre included In the carrying amount of the related Instrument and amortized based
on the effective Interest rate of the Instrument

Subsequent to initial recognition, trading Instruments are measured at fair value. The change In fair
value of trading Instruments is recognized In profit/loss for the period.

(iv) Derecognition

A financial asset is derecognized when the Bank loses control over the contractual rights that
comprise that asset This occurs when the rights are realized, expired or are surrendered. A
financial liability is derecognized when it is extinguished.

Held-to-maturity instruments are derecognized on the day they are transferred by the Bank.

(v) Fair value measurement principles

Fair value estimates are made on relevant market I information and I information a bout the financial
Instrument These estimates do not reflect any premium or discount that could result from offering
for sale at one time the Bank's entire holdings of a particular financial Instrument

The carrying amounts of the Bank's significant financial instruments approximate fair values because
of one or more of the following reasons:

(a) Immediate or short-term maturity.
(b) Carrying value approximates market value.
(c) Interest rates approximate current market rates.

(vi) Impairment

Financial assets are reviewed at each balance sheet date to determine whether there is objective
evidence of Impairment If any such evidence exists, the asset's recoverable amount is estimated.
An impairment loss Is recognized In the statement of Income to the extent the asset's carrying value
exceeds its recoverable amount.


Boavista Banking Limited
Notes to Balance Sheet, Continued

December 31, 2004
(Expressed-in thousands of United States dollars)



2. Summary of significant accounting policies, continued

2.3 Cash and cash equivalents

Cash and cash equivalents comprise demand deposits and short-term placements with banks maturing
within three months of the balance sheet date.

2.4 Short-term placements with banks

Short-term placements are classified as held-to-maturity assets and are stated at the outstanding balance
plus accrued Interest.

2.5 Income taxes

The Bar k is not subject to income taxes in the Bahamas, and no provision for Income taxes Is reflected in
the balance sheet.

2.6 Foreign currency

Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated
to United States dollars at the foreign exchange rate ruling at that date.

3. Short-term placements with banks

Short-term placements with banks comprise bank deposits with the following related parties:
2004 2003

Banco Boavista Interatlantico S.A. Grand
Cayman Branch, maturing Jan-27-05 $ 102,700 64,000
Banco Bradesco S.A. Grand Cayman Branch,
maturing Jan-27-05 12,100 50,000
Banco Bradesco S.A., maturing Apr-18-05 800 750
$ 115,800 114,750'

These balances eam Interest ranging from 2.42% to 2.68% (2003: 1.41% to 1.96%) per annum and
mature as shown above (2003: within four months of the balance sheet date.)

4. Deposits from banks

Deposits from banks primarily represent time deposits placed by related banks bearing interest at a rate of
2.55% (2003: 1.68% to 1.71%) per annum.
An analysis by contractual maturity dates of deposits is as follows:
2004 2003

Within 91 to 180 days $ 800 750
$ 800 750









~tHE TRIBUNE BUSINESS MONDAY, FEBRUARY 218, 2005, PAGE 9B


MONDAY EVENING


FEBRUARY 21, 2005


7:30 8:00 8:30 9:00 9:30 10:00 10:30

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n (CC) (1 (CC) Early retirement, class. (r wine at dinner. "Humm Vac"
A KILLING SPRING (2002, Mystery) Wendy Crewson, FATAL REUNION (2005, Suspense) Erika Eleniak, David Millbern,
LIFE Shawn Doyle. Joanne Kilbourn investigates the death Michael Bergin. Premiere. A woman works with a district attorney to stop
of a college dean. (CC) ,a stalker. (CC)
MSNBC [:00 Hardball Countdown With Keith Olber- MSNBC Reports Scarborough Country
M iP [ mdnn
NICK Avatar: The Last Avatar: The Last Airbender "The Full House Full House A Fresh Prince of The Cosby
NICK Airbender Avatar Returns" (A "Fuller House" (CC) Bel-Air Show (CC)
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NTV (N) 1 (CC) Show" (N) 1 (CC) Manicotti' (N) (A(CC)
OLN (:00) Killer In- SkiingUSSA Freestyle World Cup. Auto Racing 2005 Dakar Rally. Mysterious En.- Outdoor Out--
stinct From Death Valley, Utah. counters takes
SPEED 00) NASCAR Inside Nextel Cup (N) NBS 24-7 (N) NASCAR Nation From Daytona In-
SPEED ation (N) ternational Speedway.
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TBN Jakes (CC) Scenes (CC) Franklin (CC) (CC)
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"Who Am l?" the wedding. (1 kiss. n (CC) first news story, drinking binge.
(:00) A Haunting in Connecticut A demonologist and A Haunting in Georgia Long-dead neighbors haunt a suburban Atlanta
TLC a clairvoyant attemIt to rid a family's home of super- family, promoting parapsychologists to try to explain a strange aura in
natural entities. (C f)their home. C)
(:00) Law & Or- Law & Order A participant in a reali- Law & Order "Veteran's Day" De- Law & Order "Prejudice" A black
TNT der Stiff' ty TV program murders one of his tectives probe the strangling of a publishing executive is apparently
(CC) (DVS) fellow cast members. (1 peace activist. (1 (CC) (DVS) killed in a dispute over a taxi cab.
TO N Codename: Kids Hanky Panky Yu-Gi-Oh! (CC) Codename: Kids Mucha Lucha A Teen Titans "De- Dragonball GT
TOON Next Door Hulabaloo Next Door magic apple. 1 ception"
TV5 Double je Ombres et lu- Coeurs Photos TV5 Le Journal
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W tion (CC) (CC) (CC)
(:00)La Mujer Rubi Amor Real Cristina Madre e hija luchan por
UNIV de Madera hombre.
*! MISSION: IMPOSSIBLE (1996, Adventure) Tom * BLOWN AWAY (1994, Suspense) Jeff Bridges, Tommy Lee Jones,
USA Cruise, Jon Voight. A botched mission puts a spy on Lloyd Bridges. A mad Irish bomber plots revenge on his former pupil.
the run from his employers. (CC) (CC) (DVS)
VH1 Fabulous Life Driven "Snoop" Snoop. ( Ego Trip's Race-0-Rama White VH1 Goes Inside "Cops" (
Of... (1 people act like they're black. (1
* *THE FUGITIVE (1993, Drama) Harrison Ford, TommyLeeJones,SelaWard.Anin-WGNNewsatNine A (CC)
WGN nocent man must evade the law as he pursues a killer. A (CC)
Everybody 7th Heaven "Brotherly Love" A ru- Everwood "A Mountain Town" Amy WB11 News at Ten With Kaity
WPIX Loves Raymond mor spreads through the house that asks Andy to take Ephram to New Tong, Jim Watkins, Sal Marchiano
"Humm Vac" Matts girlfriend is pregnant. York instead of her. (N) & Mr. G (CC)
Jeopardy! (N) One on One Cuts Kevin quits Girlfriends Half & Half (N) Dr. Phil
WSBK (CC) "Contract High" as co-manager. Maya's ex-hus- ( (Part 1 of 2)
(N) A (CC) (N) n band. (N) A (CC)
(:15)A* HEAD OF STATE (2003, Comedy) Chris Deadwood "Jewel's Boot Is Made *** EVERYDAY PEOPLE (2004,
H BO-E Rock, Bemrie Mac. A black alderman becomes an un- for Walking" Alma's father arrives Drama) Jordan Gelber, Bridget
likely presidential candidate. n 'PG-13' (CC) from New York. n (CC) Barkan. 'NR' (CC)
-P (:45) The Making Carnivale "Damascus, NE" Ben fol- Unscripted ( Unscripted ( *x SINGLE WHITE FEMALE
HBO-P of: X2 (CC) lows his visions to a seedy hotel. (CC) (CC) (1992, Suspense) Bridget Fonda,
A_ (CC) Jennifer Jason Leigh. A 'R' (CC)
(6:00)*** *** RUNAWAY JURY (2003, Suspense) John Cusack, Gene Hack- (:15)* A HEAD OF STATE (2003,
HBO-W MATCHSTICK man, Dustin Hoffman. A man tries to manipulate an explosive trial. ( Comedy) Chris Rock, Bemie Mac.
MEN (2003) ( 'PG-13'(CC) ( 'PG-13' (CC)


(:00) ** WELCOME TO MOOSEPORT (2004, Com- * GIRL WITH A PEARL EARRING (2003, Biog- (:45) The Making
HBO-S edy) Gene Hackman. A man runs for mayor against a raphy) Colin Firth. Artist Johannes Vermeer paints a Of: Analyze That
former president. (I 'PG-13' (CC) portrait of his maid. (1 'PG-13' (CC) (1 (CC)
Shooter (1 (CC) * MASTER AND COMMANDER: THE FAR SIDE OF THE WORLD (2003, Adven- * S.W.A.T.
MAX-E ture) Russell Crowe, Paul Bettany, Billy Boyd. A British captain chases a French ship in (2003) Samuel L.
1805. ) 'PG-13' (CC)_ Jackson. (1
:00)*** TOP GUN (1986, Drama) Tom Cruise, **s BRUCE ALMIGHTY (2003, Comedy) Jim Car- (:45)*** THE
MOMAX Kelly McGillis. Navy pilots take to the skies to compete rey, Morgan Freeman. A frustrated re orter receives di- FIRM (1993) Tom
for high honors. 'PG' (CC) vine powers from God. (1 'PG-13' (CC) Cruise.'R'
:15) * BARBERSHOP 2: BACK IN BUSINESS The L Word "Life, Loss, Leaving" *, SUCKER FREE CITY (2004,
SHOW (2004) Ice Cube. iTV. A barbershop owner considers (iTV) n (CC) Drama) Ben Crowley, Ken Leung.
selling his establishment. ( 'PG-13' (CC) iTV. ( 'NR' (CC)


TIC


Let Ckarlie tke
cBakamican TiAPupet and
his sidekick Derek. pt4
some- smile-s oVn yor.
kids's faces. |


Bing yourA ckildmen to the

McHappy -Houi at iMcDonald's in
Oaks Field every Tkhursday
from 3:30pm to 4:30pm dri nq the

month of FebtacrAy 2005.


Enjoy Great Food, Prizes and Lots of Fun.


i'm lovin' it


Na Ia C, H T t 1

Time: Second Floor of
Doors open 11 pm


[6:30) *x HOL- *** BRAM STOKER'S DRACULA (1992, Horror) Gary Oldman, (:15)* * WAXWORK (1988, Hor-
LYWOOD Winona Ryder, Anthony Hopkins. Francis Ford Coppola's adaptation of ror) Zach Galligan, Deborah Fore-
NORTH (2003) the vampire classic. (1 'R' (CC) man, David Warner. (1 'R'


II


IHE TRIBUNE BUSINESS


MONDAY, FEBRUARY 218, 2005, PAGE 9B


1LI








PAGE1 OB MONAY, EBRURY 2,200 TRIUNEOPORT


* BOXING BAHAMIANS
LOSE IN CANADA
'DANGEROUS' Deon Sweeting and Richard 'the
Hammer' Pitt both lost their international debut in Cana-
da. Sweeting lost in the first round, while Pitt lost a four-
round decision to a pair of Canadians who were making
their pro debuts.

* SOFTBALL SMITH'S
SOFTBALL PARK
MINISTER of Youth, Sports and Culture Neville Wis-
dom declared that the next recognition for Dougals
'Douggie' Smith is to have his photo mounted upon the
Wall of Fame at Nassau's International Airport.
Wisdom made the announcement on Saturday night in
Rock Sound, Eleuthera where the Douglas 'Douggie'
Smith Softball Park was commissioned.
Smith was inducted into the International Softball Fed-
eration's Hall of Fame last year.
Also in attendance were Speaker of the House of
Assemble Oswald Ingraham and executives from both the
Bahamas Softball Federation and the New Providence
Softball Association and ISF Hall of Famer Churchill
Tener Knowles.

* BASKETBALL CHAMPIONS
DECIDED IN GRAND BAHAMA
THE Catholic High Crusaders will keep the Geneva
Rutherford Basketball Classic's senior girls title in Grand
Bahama after they knocked off the CR Walker Knights in
the final on Saturday.
The junior girls title will also stay in Grand Bahama as
the Tabernacle Baptist Falcons disposed of the Temple
Christian Suns.
CR Walker, Temple Christian and RM Bailey were
among the New Providence teams that travelled to partici-
pate in the tournament.


Bahamian athletes


in


US indoor action


* By BRENT STUBBS
Senior Sports Reporter
SHAKEITHA Henfield led
a field of Bahamians compet-
ing for Southeastern Louisiana
at the 2005 Southeast Confer-
ence Indoor Track and Field
Championships with a good
performance.
The Grand Bahamian quar-
ter-miler dropped down to the


60 metres where she finished
seventh in the semifinal in a
time of 7.74 seconds. Howev-
er, her 13th place overall did-
n't allow her to advance to the
final.
She ran much faster when
she was second in her heat in
7.66 to qualify for the semis
in sixth spot.
Also in the preliminaries,
team-mate Leonie Ezeg-


bunam ran 6.92 for sixth place
in her heat. She would finish
13th overall and didn't
advance to the semis.
Henfield, however, had a
much better showing in her
speciality.
She easily won her heat in
the 400 with 56.31 to qualify
with the fastest time. But in
the final, she had to settle for
second place in her heat in


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."Copyrighted Material

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56.34 for second overall. The
winning time was 55.12.
Henfield also ran on the sec-
ond leg and Ezegbunam ran
the anchor for Southeastern's
4 x 400 relay team that ran
4:04.65 for third place.
Ezegbunam's older sister,
Janice, competed in the wom-
en's high jump.
She cleared 5-feet, 8 1/2-
inches for second place. The
winning jump was 5-10 1/2.
Another Grand Bahamian,
Lakeisha Gardiner, came llth
in the women's shot put
with a heave of 40-4 1/2. Gar-
diner came fourth in her
flight.
And Devario Johnson, com-
peting for Texas-Arlington,
was sixth in his flight in the
men's long jump with a leap of
21-10 1/2. He finished 13th
overall.
Meanwhile, over at the LSU
Twilight at the LSU Field
House in Baton Rouge,
Louisiana, sprinter Michael
Reckley had a false start in
the 60 metres.
But Reckley, competing
unattached, also entered the
400 where he ran 53.25 for
11th place.


Jets cooled by Sunburners

THE Nassau Sunburners took on the John Bull Jets in the Commonwealth American Football
League's lone game played on Saturday at Windsor field. Sunburners came out on top 14-8.
(Photos: Felipe Major/Tribune staff)


PAGE 10B, MONDAY, FEBRUARY 21, 2005


TRIBUNE SPORTS









Young tennis stars make net gains


* TOP seed in his age group Marvin Coleby goes to work
whitewashing No.2 seed Ricardo Demeritte 6-0, 6-0 during the
Brajaxba Age Group Tournament at the weekend.


* TOP seed Philip Major on his way to beating No.2 seed
Justin Roberts 6-1, 6-2.


* KERRIE CARTWRIGHT pulled off one of the biggest
victories of the tournament with a 6-1, 6-1 decision over No.2
seed Crystal Johnson.
(Photos: Felipe Major)


I "Copyrighted Material

Syndicated Content

I Available from Commercial News Providers
qw ,m q m aS
Imm --___


TRIBUNE SPORTS


MONDAY, FEBRUARY 21, 2005, PAGE 11B








a a


MONDAY, FEBRUARY 21, 2005


SECTION



B
Fax: (242) 328-2398
E-Mail: sports@100jamz.com


MIAMI HERALD SPORTS


* By BRENT
STUBBS
Senior Sports
Reporter
MARK KNOWLES
and his touring partner
Daniel Nestor have
suffered another set-
back.
After falling one
match from winning
their first tournament
of the year last week in
France, Knowles and
Nestor fell short for in
the semifinal in Rot-
terdam, Holland.

Ousted
The duo made the
semifinals at the ABN
Amro World Tennis
Tournament where
they were ousted by
the number fourth
team of Cyril Suk and
Pavel Vizner, 7-5, 6-4
on Saturday.
Knowles and Nestor
were the top seeded
team.
The No.2 seeded
team of Wayne Black
and Kevin Illyett, the
Australian Open cham-
pions, were also elimi-
nated.
They lost 6-3, 7-6 (9)
to the No.4 team of
Jonathan Erlich and
Adam Ram.
Knowles and Nestor
went into the tourna-
ment tied with six oth-
ers as the number 28th
ranked team in the
ATP Doubles Race
with just 30 points.
Black and Ullyett are
leading the way with
208. Twin brothers Bob
and Mike Bryan are
sitting in second place
with 141.

Standings
However, Knowles
and Nestor are sitting
out front in the indi-
vidual standings with
4520 points. Jonas
Bjorkman and Ullyett
are third and fourth
with 3995, while Bob
and Mike are fifth
and sixth with 3825
apiece.
This week, Knowles
and Nestor are expect-
ed to travel to Dubai
to compete in the
Dubai Tennis Champi-
onships at the Dubai
Tennis Stadium.
So far this year,
Knowles and Nestor
have lost in the first
round in their first two
tournaments in Janu-
ary, including the Aus-
tralian open in Mel-
bourne.
They have also lost
in their two tourna-
ments played in Febru-
ary, including the
Open 13 in Marseille
where they got to the
final.


Subway is a proud sponsor of the

2005 Subway Fun Run/Walk


~ana~--~-~ -r~--------r~a~-~------ -----~-~-----~ -- -- - - I








MONDAY, FEBRUARY 21, 2005


The stories behind the news


Government announced last week
that the contract for a five million gal-
lon a day water production plant, to be
built next to the BEC power station
on Blue Hills, has been awarded to
Consolidated Water Company Limit-
ed under a build, own, operate agree-
ment. This announcement was wel-
come news to the thousands of New
Providence residents, businesses and
schools suffering from an island-wide
water shortage over the past few
months...


Time


Kenyatta Gibson, the MP for
Kennedy, made an impassioned
plea in the House of Assembly
last week for a full public inquiry a
into last month's Nassau Village
riot. Mr Gibson, with Marathon
MP Ron Pinder, were called into
the community during the inci-
dent which left several people,
including police officers, injured
and a number of police cars and
property damaged ...


L I-


for


The man alleged to have robbed and assaulted three
jitney passengers by throwing two of them from the
moving vehicle was last week charged in Magistrate's
Court in connection with a variety of offences related to
the incident.
The jitney bus driver also appeared in court charged
with several offences relating to the same incident. Ward
Wilson, a 36-year-old resident of Fire Trial Road and 28-
year-old Tyronne Scavella of Soldier Road both
appeared before Magistrate -Marilyn Meeres in Court
Five, Bank Lane. Wilson is alleged to have robbed and
assaulted three passengers aboard a bus on Friday, Feb-
ruary 11 ...


readers


to


have


their


say


S' YOU hit it right on the
nail," said Nassau busi-
nessman Clyde Treco,
responding to Ella
Walkine's provocative
appraisal of the local employment
--;scene. "I totally agree with it. I think
:!this needed to have been said many
:years ago."
Ms Walkine's comments were hard-
hitting, perceptive and true, according
to those who agree with her. To her
critics, they were impertinent, selec-
tive and some way short of reality.
But Mr Treco, a Bahamian who
runs an insurance business, said work
attitudes and political resistance to
foreign labour needed to become
the subject of extended dialogue'.
"I think this argument could run
for a long time. If you have dialogue,
sometimes there are going to be solu-
tions. But what this lady says is true,
and the sooner we as a nation wake
up to the fact, the better."
In Ms Walkine's view, the Bahamas
does not have sufficient people at the
right level, and with the right atti-
tudes, to carry the nation forward in
an increasingly competitive world.
It is, therefore, imperative that for-
eign expertise is allowed into the
country, she says, not on the whim of
politicians, but as part of a carefully
thought out strategy to service
employers' needs.
She believes there is also a need at
the bottom end of the labour market,
where Bahamians are often reluctant
to accept low-paying jobs. It is this
reluctance, she contends, that opened
the way for a mass influx of Haitians.
For Mr Treco, negative Bahamian
work attitudes are a comparatively
recent phenomenon and due almost
entirely to the Pindling government.
In the 1970s.and 1980s, he claims,
Prime Minister Sir Lynden Pindling
encouraged his supporters to believe
"It's your country now you don't
have to work."
This proved a crippling legacy,
because many people believe even
today that having your name on a
payroll does not necessarily mean you
have to turn up to perform your
dluties. The 'free ride' philosophy has
permeated all sections of society.
There is, according to some busi-
ness critics, a widespread feeling
among government employees that
work is an irritating intrusion into the
more important social aspects of one's
life.
Mr Treco insists, however, that
Bahamians are not naturally work-


shy. In fact, he regards the products of
Last week, recruitment agency boss Ella two islands inparticular-Abacosand
ous. And he said others have fallen
Walkine criticised the attitude of many into bad habits which can be laid at
the door of former politicians.
Ms Walkine's comments left one
Bahamians towards work and overall Bahamian incandescent with rage. "It
L is nonsense, it is untrue," he said of
ithe need for foreign workers. "Prop-
fficilresistance to foreign em loyees. erly trained, Bahamians take care of
everything here."
N owButa busines-sman who did not
readers have their sawant to be named said globalisation,
s IF B the need for even a small nation like
the Bahamas to compete at world lev-
el, increased the demand for foreign
expertise in a number of disciplines.
"Of course, everyone agrees with
5_1the principle of Bahamianisation up
to a point. But the attitude expressed
in the government letter quoted by
Ms Walkine is wholly ridiculous.
V. "The view seemed to be that no
foreigner would be allowed in while a
single Bahamian remained out of
~work, implying that those who were
unemployed would be able, or quali-
fied, to fill whatever vacancy
occurred.
"It is amazing, all these years on,
. ,..that some people still believe they
are. fitted for jobs well beyond their
capabilities simply because some
politician has told them so."
"' 'Photographer Franklyn G Fergu-
son challenged Ms Walkine's views,
saying hers were typical of a particu-
.7a plar Bahamian mindset.
"There are those persons from slav-
ery who were treated in a certain way
by the whites, and who came up
believing they were inferior," he said.
S""Up to the present day, that atti-
k tude still exists among some people.
One of the main reasons the old UBP
remained in power was that persons
with that same mindset supported
them."
Mr Ferguson believes that the
I I'modemrn Bahamian education system
j is not doing its job in preparing people
for the employment market.
"Too many are coming out of
school without the right level of edu-
cation and spend their lives hanging
out on the blocks.
4. $ r'i,.. ,"This opens up opportunities for
Haitians, Jamaicans and Peruvians at
the lower end of the economy. It also
opens the doors for foreign profes-
sionals."
He said the UBP had a policy of
E IF Britain and the United States need foreign workers (posed by model), See OPINION, Page 3C
what makes the Bahamas think it can get by without them?


aL




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The Arawak Group Arawak Avenue P.O. Box


Th r riabu


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PAGE 2C, MONDAY, FEBRUARY 21, 2005


THE TRIBUNE


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MONDAY, FEBRUARY 21,200b, P'AUitLL


THE TRIBUNE


In a communication to the
House of Assembly on
Wednesday night Mr Gibson
noted that much has been said
about what triggered the
"night of madness" in Nassau
Village. He said the percep-
tion is that innocent people are
being blamed for what tran-
spired.
However, he said, Nassau
Village is a prototype of mid-
dle income communities in the
country filled with people who
love God, their country, their
community and their families.
He explained that the commu-
nity is home to a number of
illegal Haitian immigrants and
their families because of a
number of unclear and disput-
ed land titles which made it a
squatter's haven. According to
Mr Gibson, Bahamian and
Haitian residents have always
been able to co-exist peaceful-
ly together.


THE man alleged to have
robbed and assaulted three jit-
ney passengers by throwing
two of them from the moving
vehicle was last week charged
in Magistrate's Court in con-
nection with a variety of
offences related to the inci-
dent.
The jitney bus driver also
.appeared in court charged with
several offences relating to the
same incident.
Ward Wilson, a 36-year-old
resident of Fire Trial Road and
28-year-old Tyronne Scavella
of Soldier Road both appeared
before Magistrate Marilyn
Meeres in Court Five, Bank
Lane.
Wilson is alleged to have
robbed and assaulted three
passengers aboard a bus on
Friday, February 11. The three
passengers were on a jitney bus
travelling to the
Pinewood/Kennedy Subdivi-
sion after 6.15pm.
They were allegedly
attacked by two men and
thrown out of the vehicle while
it was moving at a high speed.
All three sustained serious
injuries.
Among the three alleged vic-
tims were 34-year-old British
national Stephanie Sturrup,
who is,(mgrried toqa Bahami-
-,an and haisbeen livingmit the
country for eight years, and
Sharad Lightfoot, 25, of
Mahogany Street.


Opinion (From 1C)

preparing Bahamians for cer- "Nassau is becoming more Quotes of t e Week
tain jobs, including construc- and more Americanised. Peo-
tion and the hotel business. ple don't come here to see "As the duly elected member for the "We have to be cognizant of the fact rode the same bus, back and forth and in
They also developed new McDonald's and Wendy's on good people of Kennedy, I cannot remain that these people live together, work togeth- a trite concept of tribalism, they may have
homes for poor Bahamians. the main street. There is a his- silent as the good name and good reputa- er, pray together, play with one another, become their brother's keeper."
"This and other UBP poli- tory here which most people tion of hundreds of law-abiding citizens in bury each other and in short became one Kennedy MP Kenyatta Gibson call-
cies were carried on by Pin- want to maintain." Nassau Village continues to be vilified and family. Their children went to the same ing for a public inquiry into last month's
dling's government, but the Jean Lightbourn said: "Nas- attacked throughout the land. schools, played on the same sports field, Nassau Village riot.
old PLP was first to introduce sau's history is everything. We


the Bahamianisation policy,'
he said.
Mr Ferguson believes things
started to go wrong under
what he termed the "Ingra-
ham-Christie and Co" admin-
istration, embracing the Third
Force which they formed fol-
lowing their departure from
the PLP.
One foreign businessman
felt the Bahamas suffered
from growing material wealth
combined with negative work
attitudes inspired by the Pin-
dling government.
"It is no accident," he said,
"that many of our school-
children are looking for the
easiest possible way to earn
big bucks. Many actually want
to be drug-dealers for this very
reason. They are brought up
in a drug-dealing culture and
see people living the easy life
in fancy cars.
"I suppose drug dealing and
the legal profession are seen
as offering easy ways into big.
money, but job satisfaction
isn't always about money.
What's missing in the
Bahamas is a real, passionate
desire to do a good job.
"Of course, there are many
excellent Bahamian employ-
ees in every level of life. You
can see them in banks, restau-
rants, hotels, all over the
place. I think they feel the
frustrations more than anyone
else when others are slack and
indifferent to their task."
000*****00

INSIGHT'S review of his-
toric property in Nassau call-
ing for stiff penalties against
negligent owners brought this
comment from Thomas War-
die of Nassau: "I thoroughly
agree with your comments.
However, does the govern-
ment listen?


are the only former Brltish
colony in this part of the
Caribbean region and it is
right that we should acknowl-
edge our history in the appro-
priate manner.
"If we allow our history to
die, we become just another
offshore casino centre full of
the usual fast food chains and
malls. Colonial architecture is
picturesque. Let's protect it
before we lose it."
A reader who preferred
anonymity said: "Ownership
of historic property, and espe-
cially such property in a con-
servation area, ought to be
made to realise their respon-
sibilities.
"The only way to achieve
this is with legislation which
has teeth. The financial penal-
ties need to be exceptionally
high, otherwise the unscrupu-
lous will factor such cash loss
against the high gains of rede-
velopment."
A teacher said she had cut
out and kept the article for
future reference, adding that
preservation of Nassau's past
was essential for its economic
future.


THE article on Nancy
Oakes continues to attract
comment. "I had no idea such
an important murder hap-
pened here," said visitor Ari-
ana Moult of Indiana, refer-
ring to the 1943 slaying of
Nancy's father Sir Harry
Oakes. "I am now determined
to get all the books I can to
read up on the subject."
Nancy, who died recently,
appeared as a witness in the
trial of her former husband,
Count Alfred de Marigny,
who was acquitted of Sir Har-
ry's murder and later deported
from the Bahamas.


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I i


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THE TRIBUNE


PAGE 4C MONDAYFEBRUARY 21, 205


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ISSUES IDEAS


SUNDAY, FEBRUARY 20,2005 I THE MIAMI HERALD 5C


TSUNAMI DISASTER


COULD THIS HAPPE


CAMERA? PROBABLY NOT


DECEMBER'S INDIAN OCEAN QUAKE AND TSUNAMI CALAMITY LEFT COASTAL RESIDENTS
WORLDWIDE ASKING: WHAT IS OUR RISK? HERE IS THE REGIONAL UTLOOK


BY MARTIN MERZER
mmerzer@herald.com
You are going to read here about earth-
quakes, volcanic eruptions, immense
underwater volcanoes and landslides, run-
away global warming fueled by hidden
inventories of gas, and yes even
mega-tsunamis that dwarf the recent
calamity in Southeast Asia and eastern
Africa.
The most important things to remem-
ber: These are not imminent threats. Time
scales associated with these events are
inconceivably long. You should not be
alarmed.
But you should be aware, geologists and
other experts say. These natural disasters
have happened and will happen again.
Dealing with them or at least acknowl-
edging them is part of the cost of living
on a living planet.
"To the average person, things like tsu-
namis, earthquakes and volcanic eruptions
are big deals," said Tim Dixon, a professor
of geology and geophysics at the Univer-
sity of Miami. "To geologists, this is like
the weather.
"It's not that we don't care it's just
not a big deal. This is how the Earth works.
What is a surprise to us is how surprised
people get and generally how unprepared
people are."
One other important note: The awful
death tolls associated with recent geologic
events do not suggest that the planet is


Possible threats?


becoming less friendly. They do suggest
that more people are living in coastal and
other areas subject to severe flooding and
in mountainous or other unstable areas
subject to earthquakes.
"All of these things appear to be getting


worse mostly because there are more and
more people living in vulnerable areas,"
Dixon said. "As usual, humans have made
it worse."
Obviously, South Floridians don't need
to prepare for a volcanic eruption or an


. Tsunami
An earthquake sends <
shock waves outward.
Initial waves travel very
fast but are only a few feet
in height. Tsunami approaches shore
with speeds of 30-200 mph and possible
wave heights of 60 ft. or more.


Gas coast u eiuwati i
S i g Hydrate
High concentrations of Oceal
methane are found in sub-
oceanic sediment along
continental slopes. The gas .
causes separation of sediment and I
slumping of land masses.
A I Volcanos
Violent eruptions;
magma plugs central
vent; pressure builds
n until magma is blasted
into dust and fragments; much of
mountain can be blown apart.
.:: SOURCE: USGS
ILLUSTRATION BY LYNN OCCHIUZZO/HERALD STAFF
earthquake. The area's geological charac-
teristics a flat, sandy, relatively stable
foundation just don't present those
threats.
*TURN TO TSUNAMI


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NJ-. QJs-'II/ I, INCr(UMrl LJ, 1 I CKINM I 1 I'M1l CLI I IVII'


TSUNAMI DISASTER


Landslide near



Africa could send



sea against us


*TSUNAMI
The Caribbean, however, must
deal with a buffet of geological
perils. Some of those volca-
noes, earthquakes, underwater
landslides can propel conse-
quences all the way to U.S. coasts,
most prominently in the form of
tsunamis.
As you will see, these Caribbe-
an-based tsunamis would be rela-
tively benign by the time they
reach the continent's shores.
A tsunami is defined as a series
of waves produced by a sudden
disturbance in sea level, and those
that originate in the Caribbean
would propel only negligible
waves to U.S. coasts, experts say.
WHAT IS FEARED MOST
But some geologists say a
"mega-tsunami" created by a
colossal landslide in the Canary
Islands near Africa could surge
across the Atlantic Ocean and
submerge much of the East Coast,
the Caribbean and parts of Central
and South America under 60 feet
of water.
And so, this is where our sur-
vey of geological threats will start.
Remember, the odds are very low
that any of this will happen in
your lifetime or that of your chil-
dren or grandchildren.
Cumbre Vieja: This is a
volcano on the island of La Palma
in the Canaries, about 4,000 miles
from South Florida. Like most
active volcanoes, it grows and col-
lapses in regular, though very
lengthy, cycles.
The problem: Cumbre Vieja
could be due for another collapse
an unimaginably huge collapse.
Some scientists, studying rup-
tures that have appeared on the
surface, say a chunk of material
larger than the island of Manhat-
tan could break off Cumbre Vie-
ja's western side during an erup-
tion and plunge into the ocean.
A landslide of that magnitude,
technically called a "volcanic
flank failure," would produce a
wide, towering tsunami that could
surge across the Atlantic and
crash into a vast region stretching
from Newfoundland to Brazil.
About nine hours after the col-
lapse, a 60-foot-high wall of water
could engulf the U.S. coast, these
scientists say. .
"We haven't studied South
Florida precisely, but it could
reach several miles inland," said
Steven Ward, a geophysicist at the
University of California at Santa
Cruz and a leading expert on
Cumbre Vieja.
Said Jim Lushine, the National
Weather Service's warning coor-
dinator for South Florida, who
sometimes must deal with Cate-
gory 1-5 hurricanes: "From the
ocean-level standpoint, this would
be like a Category 10 hurricane."
How much warning would we
have? Well, at least those nine
hours. Geologists closely monitor
Cumbre Vieja and should be able
to issue warnings before an erup-
tion and landslide occur. In addi-
tion, a fortified tsunami warning
system for the Caribbean and East
Coast could be in place by mid-
2007.
Still, the counties requiring
evacuation would be larger than
current hurricane evacuation
zones, and the task of getting
everyone out would be monumen-
tal.
"You couldn't do it," Lushine
said. "We get 24 hours for a hur-
ricane and even that is nearly
impossible. Luckily, tsunamis
come maybe once every 500
years."
Actually, this particular event
involving Cumbre Vieja occurs
even less frequently.
"They happen roughly every
200,000 years," Dixon said. "On
the other hand, it's been about
200,000 years since the last one.
Yeah, it could happen tomorrow,
but it's also about the same likeli-
hood it will happen 10,000 years
from now. It's the plus or minus
that a lot of people have a problem
with."
Ward, who has published sev-
eral papers on Cumbre Vieja,
agrees.
"It's very unlikely to affect the
man in the street," Ward'said. "He
should be more concerned about
getting hitby a car or developing
cancer. But other people have
other concerns governments,
corporations, those who deal with
rare and catastrophic events
should have some concern."


Caribbean volcanoes and
earthquakes: The outer arc of
Caribbean islands sits on or near
an active seismic zone. Earth-
quakes rocked various islands in
1775, 1867, 1918 and 1946, often
generating tsunamis. That last one
killed about 1,700 people in the
Dominican Republic and Haiti.
A study published last year by
George Pararas-Carayannis, a
marine scientist and former direc-
tor of the International Tsunami
Information Center, found that 88
tsunamis struck the Caribbean
region between 1489 and 1998.
"Several of these were gener-
ated by volcanic eruptions and by
collateral volcanic flank failure,
debris avalanches and landslides
. .," he wrote in the report pub-
lished in the Science of Tsunami
Hazards, a professional journal.
"The historic record indicates
that Caribbean volcanoes pose a
serious threat for several islands
in the region."
Among those volcanoes and
islands: Mount Pelee on Marti-
nique, La Soufriere on St. Vincent,
Soufriere Hills on Montserrat and
Kick'em Jenny, an unusual under-
water volcano near Grenada.
Some of those recently gener-
ated modest tsunamis in the
Caribbean, ranging from three to
six feet high, though a 2003 tsu-
nami sent a 12-foot wall of water
over parts of Montserrat, the
study reported.
But it is difficult to envision an
event in the Caribbean that would
cause a tsunami catastrophe in the
mainland, Dixon said.
For one thing, seismic pres-
sures in that area are less intense
than those in the Indian Ocean,
where December's disaster origi-
nated.
For another, offshore reefs
would offer some protection from
relatively modest Caribbean-
based tsunamis, causing them to
break'over the reef rather than
ashore. That reef is insufficient to
shield American coasts from the
volume of water that could be
generated by Cumbre Vieja,
Dixon said.
Underwater landslides:
These do not directly threaten the
U.S., but the Caribbean and other
areas can be endangered by tsuna-
mis that could follow such events.
In one example of the danger,
evidence exists of an underwater
landslide off western Norway in
which an area the size of Iceland
slid into the Norwegian sea about
8,100 years ago.
Called the Storegga slide, it
produced a tsunami as high as 60
feet in some places. It moved as
far as Scotland.
Gas hydrates: If you must
worry, here is something new to
worry about.
Scientists say huge reserves of
gas hydrates ice-like crystalline
solids formed by a mixture of
water and natural gas, generally
methane lurk offshore nearly
everywhere. Left to their own
devices, gas hydrates are harm-
less. But ...
"If you warm up the gas
hydrate, it breaks down and
releases methane," Dixon said.
"So if anything ever destabilized
those gas hydrate deposits and all
of that methane comes out into
the atmosphere, we're toast, liter-
ally and figuratively.
"It would start to raise the
methane concentration of the
atmosphere and, in a few years,
global warming would really take
off."
What could destabilize the sit-
uation? A warmer atmosphere and
ocean. In other words, unless we
get a handle on global warming
soon, a feedback loop could begin
that would dramatically acceler-
ate the phenomenon.
NO SCAREMONGERING
But again, those are worst-case
scenarios, the time scales are
extremely long, and geologists
insist that their specialty isn't ded-
icated merely to scaring the heck
out of you.
"There is something good geol-
ogy can do for you," Dixon said.
"We can tell you what to expect
and sometimes when to expect it.
But people have to listen."
Do they? Well, for now they do,
in the aftermath of the natural
catastrophe in Southeast Asia and
eastern Africa.
"Nobody listens to geologists,
generally," Dixon said. "We have
a brief 15 minutes now, but you


wait, a year from now...."


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WWW.HERALD.COM


OPINION
JOHN S. KNIGHT (1894-1981) ALBERTO IBARGOEN, PUB ER I TOM FIEDL, EXEUIVE EDITOR I JOE OGLESBY, EDITORIAL PAGE EDITOR


iUN I CrIN I IUINAL tuLl I IUI 3.2INIqw.i rP-am- r I.-, .- 3 '


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