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/UF00084249/00436
 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: June 6, 2006
Copyright Date: 2006
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: VID00436
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
oclc - 9994850

Full Text
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The Tribune

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Slhe iiami ieralt
BAHAMAS EDITION


102 No.160


TUESDAY, JUNE 6, 2006


1i


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a ,


US criticises the

Bahamas for

ignoring problem


Kayla Lockhart-Edwards laid to rest


* 'By PAUL TURNQUEST
Tribune Staff Reporter
THE US Department of
State yesterday criticised the
Bahamas and its government in
its 2006 annual report on human
tratfickinrg.
S Listed among other countries
of mention as Iraq, Haiti, and
Somalia, the Bahamas was
grouped in the department's
"Special Cases" category. Stat-
ing that the Bahamas' govern-
ment pays little attention to the
issue, the report claims that
human trafficking in the
Bahamas goes "unmonitored
and undocumented."
The report reads as follows:
"The lack of reliable data at the
present time makes it unclear
whether a significant number
of trafficking victims enter, tran-
sit, or depart from the Bahamas.
Little government attention to
the issue and the presence of
large numbers of illegal
migrants in the country raise
concerns that there may be a
significant number of traffick-
ing victims in need of assistance.
"The Bahamas may be a
country of destination for men
and women trafficked from oth-
er countries for the purpose of
labour exploitation. Approxi-
mately 25 per cent of the coun-
try's population consists of Hait-
ian nationals, most of them in
the country illegally. Haitian
nationals are commonly
employed as domestic workers,
gardeners, construction work-
ers, and agricultural labourers."
According to the report,


undocumented Haitian nation-
als continue to arrive in the
Bahamas and can number as
high as 50,000: However, the
report states that of that num-
ber only 5,000 are registered as
migrant workers with an esti-
mated 13.000 dependent family
members.
The report continued: "Some
local sources have stated that
labour exploitation of Haitians
may be widespread, with
employers coercing undocu-
mented migrants to work long
hours for no pay or significant-
ly below the minimum wage by
withholding documents and
threatening workers with arrest
and deportation. Such workers
could be subjected to conditions
of involuntary servitude, a
severe form of trafficking in
persons. Some commercial sex-
ual exploitation of minors has
been identified in the country.
"The government has formed
a Trafficking in Persons Com-
mission and participates in pub-
lic fora on trafficking issues, but
does not recognize trafficking
in persons as a serious problem
in the country and has not made
significant efforts to investigate
trafficking of adults. The dif-
ference between alien smug-
gling and trafficking in persons
is not widely appreciated in the
Bahamas, including among gov-
ernment officials."
The report also highlighted
flaws in the Bahamas' legisla-
tion emphasizing exactly how
ridiculous it would be for an
SEE page 12


[ ,. ..' ._:p 1" ". '- '';'"' M ," :; i

E KAYLA Lockhart-Edwards' daughter Keysha Edwards-Taylor puts her head on the coffin of her mother on Saturday at Bahamas
Faith Ministries in Carmichael Road as her husband Charles Taylor comforts her
(Photo: Felipg Major/Tribune staff)


* By TIFFANY GRANT
Tribune Staff Reporter
SCORES of family and friends of the
late Kayla Lockhart-Edwards came togeth-
er over the weekend to pay tribute to one of
the Bahamas' cultural icons.
At her funeral service at Bahamas Faith


Ministries on Saturday, choral groups,
soloists, and drummers artistically expressed
their love for Kayla.
For the opening song, members of
Shaback belted out "Free," a song written
by Mrs Edwards and her daughter Keysha
Edwards-Taylor. The scripture was not just
simply read, but presented in a dramatic


fashion by Terez Davis, while the musi-
cians added their accompaniment which
brought the words to life.
Joan Lockhart-Culmer, Mrs Edwards'
sister, sang "Marvelous." Desmond
Edwards, Kayla's husband, and the
SEE page five


....:....................... ............... ............................. .... ......................................................... . .......... .................. ........ ...


Letter signed

for North


Broadcaster

Gordon Lowe


Andros resort dies suddenly
dies suddenly


* By PAUL TURNQUEST
Tribune Staff Reporter
A LETTER of intent has been
signed by ,l)c Andios Isle Deveclop
meant Corporation to build a $250 mil-
lion multi-purpose resort community
in North Andros.
The company announced yesterday
that its Bahamian division (Andros Isle
SEE page 15


* By KARIN HERIG
Tribune Staff Reporter
SH%-l ('Is, w\\;l\'( 1. ,'(]| ller iuh k- tle coIm-
munity this weekend with news.of the death
of veteran broadcaster Gordon Lowe.
Mr Lowe died at the age of 58 of a heart
attack while eating lunchat Wendy's restau-
rant, located near Marathon Mall.
SEE page 12


*kbrBHB

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>, :Your Pet, Our


FNM 'responsible

for successes

in tourism'
* By KARIN HERIG
Tribune Staff Reporter
SUCCESSES in the Bahamas' tourism
industry in recent years stem from plans put
in place by the IFNM. rather than from the
current government's achievements, accord-
ing to former tourism minister Senator Tom-
my Turnquest.
During last week's budget communica-
tion for the fiscal year 2006/2007, Prime
SEE page 15


Passion.-


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Volume:


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--


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PAGE .TUESDAY, JUNE 6, 2006 THE TRIBUNE
t4.


Senate needs radical reform,



not increased membership


THEPreliminary Report (PR)
of'the Constitutional Review
Commission is disappointing as it relates
to Parliambpt, particularly the Senate.
True, it is only a preliminary report
and it says that its suggestions are not
yet recommendations which will be con-
tained in the Final Report (FP). Still, it
gives a clear insight into the thinking
of the Commission with regard to the
future of:the Senate.
There is a: general feeling among
Bahamians' that the Senate, as it is
presently constituted, does not serve
the country s well as it should and that
it ought to: be reformed. The Commis-
sion acknowledges this, but what it sug-
gests in: the: PR is hardly reform. It is
more of the'same.
In its Options for Change, published
in July, 2003: the Commission raised
the expectations of those who were hop-
ing for real:reform. It posed a number of
questioo 'including:
"Shoiud the number of senators be
increased to provide for broader nation-
al repreSentation?" and "Should sena-
tors be elected d and given greater pow-
ers?" If elected, should it be on the basis
of proportional representation? If
appointed, should it be on the basis of
the percentage of votes polled by their
party during general elections?"
There were other questions, of course,
relating:t(d lether the Senate should be
abolishedamdwhether Senators should
have seL tii O f tenure.
The S~i~t has served a useful pur-
pose in, ~i 'onstitutional arrangement
and it seems no one wants to do away
with it, and the question of tenure is
secondary to how its members are to
be selected in the first place.

T he Commission has chosen the
: softer option instead of taking
advantage of this opportunity to bring
real ret rm and more relevance to the
Senate ,
It has suggested that the system be
"modified tq make allowance for rep-
resenttitnann the Senate by members
without political affiliation from spe-
cial community institutions, for example
the chtich, trade unions, professional
bodies', commerce and other major
fields of eideavour, although the Gov-
ernment must maintain the majority."
To accomplish this, the Commission
recomdiends that the membership of
the Senate should be increased from
the present 16 to 23. Of these, 12 would
be appi1teiidby the Prime Minister, six
", .


To THE


POINT


ARTHUR

FOUL KES



by the Leader of the Opposition and
five by the Head of State acting in his
own discretion after consultation with
the Prime Minister and the Leader of
the Opposition.
This is not likely to produce the more
mature representative body that the
Commission envisages. It will, however,
add to the expense of maintaining a
chamber that some see as primarily an
institution for patronage.
Neither of the two national political
parties has in the past shown any incli-
nation to make the Senate the mature
upper chamber that was envisioned.
Even the Constitution itself makes only
a slight nod in this direction by setting
an age qualification of at least 30.
Both parties have made Senate
appointments to meet their political
needs at the time. In government, they
have appointed a few members with a
view to making them cabinet ministers,
but most often they have appointed
younger politicians in order to give them
exposure as future candidates.
That hardly makes for a more mature


It ti:iot inconceivable that, with the
deritraphic changes taking place in
the i~ihamas and with greater
communications between the various
constituencies of this archipelagic
cot jny, that one of the two parties
co ilit fail to win a single seat in
pa iiiment.
*__


Neither of the two national political
parties has in the past shown any
inclination to make the Senate the
mature upper chamber that was
envisioned. Even the Constitution
itself makes only a slight nod in this
direction by setting an age
qualification of at least 30.


chamber, and it is not likely to change in
a Senate where the two parties would,
according to the Commission's recom-
mendation, have a total of 18 members.

As for the others, it would be
extremely difficult for a
Bahamian Head of State, in consulta-
tion with two Bahamian politicians,
the Prime Minister and the Leader of
the Opposition, to agree on five
mature persons from among "the
church, trade unions, professional bod-
ies, commerce, community organisa-
tions and other major fields of endeav-
our" who would be willing to serve
and who would be "without political
affiliation".
That leaves aside, for the moment,
the thorny issue of whether "the
church" ought to be directly represent-
ed in Parliament and how such repre-
sentation would be chosen.
The Senate would be given much
more relevance and would better serve
the political needs of the Bahamas at
this time if it is radically restructured
on along the lines suggested in the sec-
ond question quoted above.
Its members should be elected on the
basis of proportional representation or
appointed on the basis of the percentage
of votes polled by the parties during a
general election.
Furthermore, it would be a good
thing, having regard to recent experi-
ence, if the Constitution were changed
to permit the person who is leader of the
party in opposition to sit in the Senate as
the constitutional Leader of the Oppo-
sition.
The Bahamas is a small country,
unlike Britain where it is very unlikely
that a leader of a major party would
not be able to find a safe seat in an elec-
tion. Safe seats are disappearing rapid-
ly in the Bahamas.
Even if a leader of a major party
should be defeated in a British election,
chances are there would be no difficul-
ty finding in a House of Commons of
650 members a suitable person to serve
as Leader of the Opposition.
In the last House of Assembly, the
PLP was reduced to only five members,
but that did not reflect the percentage of
votes that party got in the 1997 general
election. In the 2002 election the FNM
lost all but one seat in New Providence.

t is not inconceivable that, with
the demographic changes taking


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place in the Bahamas and with greater
communications between the various
constituencies of this archipelagic coun-
try, that one of the two parties could
fail to win a single seat in parliament.
Under our present constitution that
would mean there would be no official
Leader of the Opposition, and that
would not be a healthy thing for our
democracy.
The Commission is not recommend-
ing any change in the way we elect
members to the House of Assembly,
meaning that the first-past-the-post sys-
tem is to be maintained. That is proba-
bly in accordance with the will of the
overwhelming majority of the Bahami-
an people.
But it is possible under this system
for a party to win a big majority of seats
in the House with 50 per cent of the
votes; or less, having regard to the
uneven distribution of voters between
New Providence and Family Island con-
stituencies.
In such an eventuality it would look
better, and be better, for our democra-
cy if the losing party's strength were
reflected in the Senate and it could fore-
stall demands for the House itself to be
elected on a proportional system.
*

INDEPENDENCE

The Commission recommends
that the office of Clerk to Par-
liament, and a Deputy Clerk, with
responsibility for the Senate, be estab-
lished by the Constitution as public
offices, with appropriate security of
tenure and control over their staff.
This is an excellent recommendation
which, if implemented, will help to
establish the independence of Parlia-
ment from the Executive. It is inappro-
priate to have staff members from the
Cabinet Office or Office of the Prime
Minister filling in as staff for Parlia-
ment.
Parliament also needs to have its own
budget administered by its permanent
staff under the direction of the Speaker
and the President of the Senate.
It is also past time that the office of
Speaker be afforded the respect, pres-
tige and independence to which it is
entitled in our parliamentary democra-
cy.
www.bahamapundit@typepad.com
sirarthurfoulkes@hotmail.com


0 In brief

Chinese
competition
causes mine.
to close


* GUYANA
Georgetown
CAMBIOR Inc. will shut
down its bauxite mine in
Guyana for July and August
due to stiff competition from
Chinese firms, officials said,
according to Associated Press.
The Montreal-based compa-
ny said its operation in Linden,
a mining town 70 miles (113
kilometers) south of George-
town, would temporarily close
because Chinese firms were
able to produce high-end baux-
ite at a lower cost. Cambior will
lose between US$4 million
(euro3.1 million) and US$5 mil-
lion (euro3.9 million) during the
shutdown, the company said
Saturday in a statement.
Some 500 workers are to be
temporarily laid off this week,
while another 61 have been dis-
missed in recent weeks, the
statement said.
Guyana and China are
among a few countries that pro-
duce a high-grade bauxite for
aluminum used in aircraft and
industrial construction, and to
make kitchen utensils.
Cambior has stockpiled large
amounts of bauxite ore and
could resume work before Sep-
tember if price levels improve,
said company spokesman Peter
Benny. He also blamed high
fuel prices for driving up costs.

Mistrial in
political
corruption
case

* US VIRGIN ISLANDS
Christiansted
A FEDERAL judge declared
a mistrial in the case of two
businessmen who allegedly used
political connecibtibn to illegally.
secure a no-bid multimillion-
dollar contract in this'US .
Caribbean territory, according
to Associated Press.
The jury deliberated for
about 30 hours without reaching
a decision in the case against
Ashley Andrews and Campbell
Malone. U.S. District Court
Judge James Giles intervened
on Saturday and declared a mis-
trial.
During three weeks of testi-
mony, prosecutors said
Andrews, chief of Global
Resources Management a
startup company that received a
contract to repair St. Croix's
sewer system in 2002, conspired
with a former aide to Gov.
Charles Turnbull to secure the
US$3.6 million contract.
Andrews and Malone, the
company's accountant, will face
a new trial on August 17 on the
same charges, which include
conspiracy, wire fraud and filing
false claims.
The governor's former aide,
Ohanio Harris, pleaded guilty
to conspiracy and conflict of
interest charges in a related case
days before the trial started.



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TUESDAY, JUNE 6, 2006, PAGE 3


TM~F TRIRI INF


LCL*NW
.4 t>".


o In brief

Man dies

from

drowning at

Love Beach

POLICE are investigating the
drowning of a man as well as
the deaths of two unidentified
men found on the streets of
New Providence.
According to reports, a man
believed to be in his 20s,
drowned during an accident
while attending a party on Love
Beach.
Eye-witnesses to the incident
said that the man dove into the
water and hit his head on a rock.
Bystanders immediately
rushed to pull him from the
water and attempted to admin-
ister CPR.
All efforts to save the man's
life, however, were unsuccessful.
Up until press time last night,
he had not been identified.
Investigations are also con-
tinuing into the discovery of an
unconscious man.
The unidentified man was
discovered on Friday night on
Constitution Drive in the Chip-
pingham area.
According to police reports,
the man suffered an injury to
the head as a result of being
struck with a blunt object.
He is currently being treated
at Princess Margaret Hospital
where he remains unconscious.
The man was wearing a red
shirt and blue shorts.
Police also discovered the
bodies of two dead men over
the weekend. In neither case is
foul play suspected.
One man was found lying on
the sidewalk on Bay Street close
to the old straw market on Sun-
day afternoon. He is believed
to have been in his mid-forties.
The other man was found sit-
ting in a vehicle on Potter's Cay
Dock on Monday at 7am.



Police

investigate

- pharmacy

robbery

AN armed robbery 6f a phar-
macy in the Golden Gates shop-
ping centre on Sunday at 8pm is
being investigated by police.
According to reports, a man
brandishing a silver-coloured
hand gun entered the store and
robbed the cash register and the
patrons of an undetermined
amount of money.
The man then fled in a white
Nissan Sentra. The suspect is
reported to have worn "colour-
ful shades" and a dark shirt at
the time of the crime.


Two men

arrested

over drugs

discovery

POLICE on the weekend
arrested two men in connection
with an attempt to smuggle ille-
gal drugs into the country from
Haiti.
Officers at the airport police
station during a routine search
of the premises discovered at
9am on Sunday a package con-
taining a kilogramme of
cocaine.
A 38-year-old Bahamian man
and a 28-year-old man -
believed to be of Haitian
descent were arrested.
Initialinvestigations have
revealed that the package con-
taining the cocaine was brought
in on a flight which originated in
Haiti on June 3.


External

reserves

stand at

$600m


THE Bahamian currency is
stronger than ever, Prime Min-
ister Perry Christie highlighted
during his Budget address, not-
ing that external reserves of the
Central Bank have rebounded
from $312 million in 2001 to
almost $600 million to date.
Mr Christie mentioned that
the strength of the external
reserves has permitted the Cen-
tral Bank to relax certain
exchange controls, thus provid-
ing further evidence of the
growing strength of the
Bahamian economy.


Contract signed




for Exuma mains



water extension


GOVERNMENT signed a
contract last week for the
extension of the water mains
in Exuma, providing some
communities with high-quality
potable for the first time.
Minister of Works and Util-
ities Bradley Roberts
announced at the signing on
Thursday that at the comple-
tion of the water mains exten-
sion project residents of
Rolleville, Exuma, will be pro-
vided with high quality desali-
nated water.
Also by extending a new
pipeline to Rolleville will pro-
vide the residents of Stuart
Manor and Curtis with potable
water.
The project at this stage is
valued in excess of $1.6 mil-
lion and includes:
Transmission system
from Steventon to Rollevillle
and a distribution system in
Rolleville.
A transmission and distri-
bution system for Curtis and
Stuart Manor to provide
them with piped water for the
first time.
Water mains renewals and
minor mains extensions in
Steventon, Harts, Farmers
Hill, Mount Thompson, Exu-
ma Harbour Estates and Rolle
Town.
A new distribution system
for Williams. Town.
"I am also pleased to
announce that Williams Town
will be supplied with desali-
nated water and the corpora-
tion has already commenced
discussions in this regard with
the definite goal of installing a
reverse osmosis plant in south-
ern Exuma," said Mr Roberts.


54t ,4.


* MINISTER of Works and Utilities Bradley Roberts (left
seated), looking on as Cyril Rolle of Rolle's Heavy Equipment
signs a contract, in Rolleville, Exnma, for the extension of
water mains on the island, on June 1. Also seated is chairman
of the West Township Al Gibson. Standing, from left, are
Deputy Speaker of the House of Assembly and Member of
Parliament for Exuma Anthony Moss, Ambassador for the
Environment and MP for Mount Moriah Keod Smith,
Rev Adam Brown, Senior Administrator Alexander Flowers,
and Clayton Rolle. Also attending the event was
under-secretary in the Ministry Maxwell Poitier, chairman of
the Water and Sewerage Corporation Donald Demeritte,
acting general manager Godfrey Sherman, MP for Elizabeth
Malcolm Adderley and other senior staff members of the
corporation and stakeholders.
(Photo: BIS/Eric Rose)


Contracts will be awarded
to Rolle's Heavy Equipment
and Martin's Trucking.
SThe PVC water mains and
parts will be provided by the
Water and Sewerage Corpo-
ration at an estimated cost of
$500,000. The corporation will
also provide site supervision
to ensure full compliance with
the strict standards of the cor-


portion, said Mr Roberts.
The work on the plant is
scheduled to commence with-
in six weeks and the projected
completion period is 90 days.
Mr Roberts said that short-
ly thereafter, Prime Minister
Perry Christie will be invited
to Exuma to turn on the valve
that will provide top quality
potable water.


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OVER THE HEOGE A 1:15 3:25 N/A 6:00 8:20 10:15
POSEIDON T 1:30 3:35 N/A 6:20 8:35 10%40
MISSION IMPOSSIBLE 3 T 1:00 N/A 4:00 N/A 7:10 10:10
RV A 1:20 3:50 N/A 6:15 8:15 10:25


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PaGE4,TUESDAYJUNE6,I2006LTHETRTOTHE.DITRIB
UI *r SI


The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA .i /i ,, r I~i
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/d-'.hi .'": .:'': '.

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D. 1)I itt.

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., PO. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport. Grand Bahama: 1-(242 -352-6608
;Freeport /-,x: (242) 352-9i-'4'



Cuba's eye programme question, '1
s,,


LAST MONTH Dr Albert Lue, head of
Jamaica's Ophthalmology Department at
Kingston Public Hospital, recommended the
immediate suspension of Cuba's free eye care
programme for Jamaicans.
SWhat started off as an acceptable p.'o
gramme, he said, has seriously deteriorated.
He attributed it to the fact that patients had
been moved from the clinic in Havana to out-
lying treatment centres. He also speculated
that because of the increasing number of
patients from other CARICOM countries as
well as Jamaica, Cuban ophthalmologists were
now being "swamped" and standards had fall-
en..
Jamaica's Sunday Herald reported that Dr
Lue's theory was that when the Jamaican
patients were shifted to eye care clinics in
Manzanilla, Cienfuegos and Guanacayabo,
,they "were treated by junior/trainee ophthal-
mologists."
Among a group of 60 Jamaican patients,
Dr Lue reported that three were now visually
impaired and 14 were suffering serious corneal
'damage.
SDr Marlene Smith-Day, head of Mandev-
ille's eye clinic, supported Dr Lue'sfindings.
'She told Jamaica's Sunday Herald that there
'were "positive results from the first set of
Patients who went on the programme between
'September and October last year." However,
'she said "in.one case the complications devel-
oped within one month after the patient
returned fromCuba. She said the problems
'seemed to have been confined to a particular
Clinic in Manzanilla." She said "the problem
[yith the programme was definitely on the
Cuban side."
Jamaica's Health Ministry has said that the
problems reported represent less than three
!,per cent of the 1,854 successful cases treated.
It considered this percentage acceptable. How-
ever, according to Dr Smith-Day the compli-
cation rate was more than what was being
reported. And the Sunday Herald claimed
that according to its own survey the failures
w ere more in the region of five per cent.
.: However, in a statement published in The
:Daily Gleaner on Thursday the Health Min-
: ister said that more than 2,000 poor Jamaican's
,,had benefited from the surgical and post-oper-
,ative care since "Miracle Operation" started
',nine months ago.
The Minister, in announcing that the pro-
gramme would not be suspended, said he
Appreciated what the Cuban government was


doing. He promised to lead a higi -iev.e del-
egatio6r including local ophthalnolo gists, to
Ci"--a ti o visit the lacililies
Til Cuban amrbi;ii ad ato Jaraicin said thai
her government wiii buito a comprehensive
eye care citric i;!, Ja,.taiai.a as a "' to
Jamaica. The land vili ao:. provided by the
Jamaican government. T'h -lan is ,ow awvait-
ing final ap-provlzd.
I'ervievd on a radio taik.slhow' on May
29, Dr Lue said that two groups of Jamaican
doctors on two separate occasions visited Cuba
last year on theii own initiative, ,ui w'ere not
allowed near the hospitals. He said local doc-
tors were not consulted before the Cuban pro-
gramme began.
Cuba has offered the same programme to
the Bahamas. Local ophthalmologists have
been vocal in their objections. Five Cuban
doctors started screening patients in various
clinics in the Bahamas last November. One of
the doctors who studied the case notes of per-
sons planning to go to Cuba for the surgery
said that 50 per cent of them would not bene-
fit from the procedure.
Dr Marcus Bethel in announcing the pro-
gramme at the PLP convention when he was
still Minister of Health said that Cuba had
offered to providec fret itunsportation and
surgery to Cuba" for Bahamians "with surgi-
cally correctable eye disorders."
However, local ophthalmologists and the
Bahamas Medical Association objected.
"There is no such thing as a free lunch," said
one doubting Thomas as the group vowed to
fight government on the proposal.
As several of the doctors pointed out, the
Princess Margaret Hospital already provides
free clinics and they donate their services.
Therefore, they said, Castro's services were
not needed.
Also what should not be overlooked is that
Yale Medical School already,provides a pro-
gramme. For many years Yale ophthalmolo-
gists have treated many thousands of Bahamni-
an patients at the Princess Margaret and have
trained Bahamian doctors.
In view of Jamaica's problems our govern-
ment would be well advised to hack away
from this programme. Those Bahamians who
want to benefit from Cuba's medical services
could continue to do so as they have done in
the past. But the complaints now coming out
of Jamaica should cause them to pause and
weigh up the options remembering that noth-
ing 11, t1.hi life is c_.


Nissan Bluebird
SFinance/Lease from

$332. -
per month* or S6,7b

Indudes Full Pre-defive
Alarm, Lcensinf & Gas


EDITOR, The Tribune

I AM writing this to sound
the alarm on where we are
heading. As hurricane season
approaches, tree hackers, will
come out in mass. Trees are
being destroyed every day of
the year, with no Ihought or
concern to our ftlure. There
ca nnot be a future w,rhoui
-rees. Trees help us hrealh
clean, they recharge -he ground
wat- supply anci tily add val-
'e '. .rir PlipetLes. connumi
ties, and nation.
There is a direcI. link between
tr'ees and crime 'Trees act as
buffers, they help w:th noise
pollution, plant:ied p;opcri.ly
around your horn c:ai biwc.i
electric cost Ib:v iip 5u per
cent! The lisi gces on and on,
trees are assets, they are being
destroyed at an alarming rate.
We have to wake up now! We
have to stop the madness now!.
is everything in this nation for
sale? Or is it that we care ,fn
nothing? Some called's response
as to why they want their tree
felled:
"They are dropping leaves
(Did you not know this is good
for the soil?)'
"They too dirty" (Those
pesky leaves again).
"' just want it gone" (sigh, no
response) .
Our trees are a part of who
we are, if, you talk about cul-
ture, trees are a part of our cul-
ture.
If you want sustainable devel-
opment, plant trees not just
coconut palms. (Think about
the birds/shade).
Trees have to be a part of the
equation, palms are nice. but
trees, canopy trees are needed.
Think on this:
"Trees can be a stimulus to
economic development, attract-
ing new business and tourism.
Commercial retail areas are
more attractive to shoppers,
apartments rent more quickly,
tenants stay longer, and space in
a wooded setting is more valu-
able to sell or rent." The
National Arbor Day Founda-
tion.
Why oh why can't we see,
look around my people, wake
up and "see"! Hear the chain
saws a buzzing?.See the felled
trees on the side of the road-
sides waiting to be hauled away
to the dump, see the truckloads
of trees being merrily carted
away? Ever stop and think how
this is and will be affecting you'?
Ever heard this one? A good
man leaves an inheritance not
only to his children but to his
childreniis, niidre n?
\\ .I a:re we leavisn g -- niiI '


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LETTERS]

a a a ag aeia.


A. 'hinese proverb "Ni
tree? Blame not the s
thyself Is this where v
"S.burbia" a place wh
take down all the tree
(L.; l help us) name the
af.te them
i-" using where are
tc,-e you met in place'?
io you not know trec
communities?
Well,...Think, if, only a
opera weie to underbi
opposed io clear cutting,
our maiure trees, c'
would have cool shade
to hang out, parents
in- arict with ulher p
(people are imoite apt it
in headedd a teas) this
bourhood interaction
-s.sen those opportuni
-he criminally minded t
ou youri ihomne."

Tuniarou

EDITOR, The Tril

IT IS absolutely un
to expect Bahan
domestic operations t
ate profits in the nea
The Family Islands c
do not possess the criti
ness/population mass
to support frequent
vices. The smaller
option is also sonmewh
id: the only :19-seater
piescntly being mainu.
*s the German-di
Dornier 228 which i;
factured under lic
india. Smaller aircr
lack toilet facilities, a
that is desirable for
routes to the sparsely
lated islands of Sc
Bahamas. Flying used
poses safety challenge
of the salt-laden atm
and operations over v
A possible solutic
formation of an Air
Authority .to finar
domestic operatic
Bahamasair. The AL
would issue governme
anteed bonds in order
fimds. Bahamasair wou
burse the Authority
interest payments r
bondholders. As each c
route becomes profile
as a .result of the so
ronmic impact of ihll
mTni "anchoi reso'ct
islandd" iniest.mienl p
Iommensurate propc
bonds would be redeem
In the case of inter
operations, Bahama
earn much from the
C the world's three
i:,w-cost carriers
Southwest Airlines
Ivanair (Ireland/Eur
Air Asia (Malaysia
These airlines promc
iare: point-to-point, sh
i-ugh-frequency service
inaximise revenues ai
cn;!.. b keeping !Thei


o shade
un, but
we are?
lere we
s then.
streets

all the

es build
How?
i devel-
rush as
leaving
tildren
places
would
parents,
gathei
neigh-
would
ties for
to scout


.
i,


"Oh but thieves hide behind
trees" No! Thieves hide in bush- '
es, underbrush, leave the trees.
Let us be rational in our
thinking, thieves can hide
behind walls, cars. etc. I do not
see anyone eliminating any of
these, just the opposite. "Got
gated communities/SUV's"?'.
I do not want to bash any-
one. as I once was guilty of
inciiscriimnale treeee felling
(amongst other sins. thank God
fo- Jesus) i only want-to opeli
eyes: and hearts to what a beai.u-
tiful country we once had and
could have again. .'
We can work Wbgethidr.to.
buili! ou .-.unriiy, first for our :
chidiaren, and as secondly for
ouwr visitors.
:vww.Alitrcepeople.com was ,
de-eloped with education in,
mird; the useful links, are just
that, useful, knowledge is pow.-
er, .

JOY B1I IOWS
Nassau
Mlay 2.- 2006


nud of Bahamasair

bune in the air instead of.idling on ,
the ground, Innovative prac- '
realistic iices which can be considered
lasair's by Bahamasair include:
o gener- 1) Using secondary airports '*
r future. to reduce'facility fees and
urrentiy avoid air traffic congestion eg
icalbusi- Ft Lauderdale (Miami), Islip
required (New York) and Midway '
air ser- (Chicago), i
ailerait 2) Landing later along the
iat lmitd- runway in order to decrease i1
aircraft fuel consumption and reduce 'r
tactured wxiar-and-tear on tyres, :
signed 3) Paying flight attendants
s manu- to clean aircraft cabins in ''
ence in order to reduce turnaround .<
aft also times,
Feature 4) Having open seating in i
the long order to encourage passenger -
ly-popu- punctuality,
)uthern 5) Selling snacks and bev-
I aircraft erages in order to increase .t:
s in view income.
sphere 6) Loading bags with their
water. handles out in order to expe- ,'j
in is the dite unloading, .
.Bridge 7) Foregoing reservation '
nce the checks for less-than-full
ons of planes.
authority '8) Promoting the website for "
,nt-guar- ticket sales,
Sto raise 9) Obtaining ETOPS certi-
uld reim- fiction so that aircraft can
for the avoid air-traffic delays by fly-.
made ic; ingfurther out to sea. and
domestic 10) Following jei stream
ible, e.g_. signed light paths in order 1r
,cioeco tc ;educe fu'c consumption.' ,'A
govern- Bahaniastai n'ltust adopt '
.or *vet t' 5 ha'asu ens whih i .'.:'it-ablf it ''
o'y, a to "jompic viigo'isiv wiil h.et
'r ion of Blue. Spiri A\irlinr .. 'i >t.iti- '
cmied. lately, the 80oa.d il LDiiir-
national oirs and Senior '1. In.gi-lenl'lt *
sai can must think "oit-ol lihe-bo" '',
* a-i:,ons in order to position Bailma- l
lt. cding sair as a key promolie iI o '
na ar; i'y iiiilouid tourisili and .III .111 l-
(IU S 1. ..?: .i c socio u. Ih u.llll e '.11
op') i '.'pmenlt of the Faimily
i/As'ia ). slnds
otc low- .
ort--haul, CONCERNED CONSULTANT,
es 'Thery Freeport, '
nd power GBI, Bahamas,
r planes May 18 2006
_


trees are


important


to socie


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PAGE 4, TUESDAY, JUNE 6, 2006


-"i -


THE TRIBUNE









TUESDAY, JUNE 6, 2006, PAGE, 5.-'
_- _' L^-


6OCALNEWS


o In brief

Police

arrest six

migrants in

operation

POLICE say that six suspect-
ed illegal immigrants were
arrested in New Providence last
Tuesday night.
Three Haitian males, one
Haitian female, one Jamaican
male and one Jamaican female
were arrested by police during
special operation 'Quiet Storm"
The Tribune has been told.

Combined

effort is

'needed on

shipping'

REGIONAL efforts must be
consolidated if sub-standard
ships are to be eradicated in the
Caribbean, said Minister of
Transport Glenys Hanna-Mar-
tin.
Mrs Hanna-Martin said that
for such vessels to be done away
with, the limited resources of
Caribbean countries must be
maximised.
She noted that in 1998 the
Bahamas became party to the
Caribbean Memorandum of
Understanding (CMOU), which
aims to achieve safer shipping in
the region.
"We believe this partnership
is key to securing our regional
well-being and our geographic
integrity," she said at the official
opening of the 11th CMOU
Port State Control Committee,
meeting on Monday, May 29.
The meeting was held May
29 to 31 at the British Colonial
Hilton.
According to the Interna-
tional Maritime Organisation
(IMO), port state control (PSC)
is the inspection of foreign ships
in national ports to check that
they meet the requirements of
international conventions and
are manned and operated in
compliance with international
law.
The primary responsibility for
ensuring that a ship maintains
standards rests with the vessel's
flag state.
"As a flag state, we have the
third largest register in the
world and have maintained our
profile in the industry based
upon our adherence to the high-.
est standards for ships on that
register, which includes some
of the world's premier shipping
companies," Mrs Hanna-Mar-
tin said.
The IMO believes that unless
a regional approach is adopted,
operators will just divert their
ships to ports in the region
where no, or less stringent, PSC
inspections are carried out.











TUESDAY
JUNE 6
2:00am Community Page/1540 AM
11:00 Immediate Response
12:00 ZNS News Update
12:03 Caribbean Today News
12:05 Immediate Response Cont'd
1:00 Tourism Today
1:30 Spiritual Impact
2:00 Portraits In Black
2:30 Inside Hollywood
3:00 Durone Hepbum
3:30 Sid Roth
4:00 Dennis The Menace
4:30 Carmen San Diego
4:58 ZNS News Update
5:00 Fun Farm
5:30 411
6:00 Bahamian Things


6:30 News Night 13
7:00 Bahamas Tonight
8:00 Health For The Nation
9:00 Da'Down Home Show
10:00 Caribbean Newsline
1030 NewsNight 13
11:00 Bahamas Tonight.
11:30 Immediate Response
1:30am Community Page 1540 AM


I1 i


* FORMER Prime Minister Hubert Ingraham and
wife Delores attend the funeral service


4..





* KAYLA Lockhart-Edwards' daughter Keysha
Edwards-Taylor puts her hand on the coffin of her
mother on Saturday
(Photos: Felipe Major/Tribune staff)



Laying Kayla


Lockhart Edwards


to her final rest


FROM page one
Edwards brothers blended
their voices together in the
singing of "You're My Every-
thing," which was written by
Mrs Edwards.
The cultural ambassador,
who was a singer, producer
and song writer, died on May
21 at the age of 60 after a sev-
en-year battle with bladder
cancer.
Prime Minister Perry
Christie in his tribute said that
Mrs Edwards' contributions
to Bahamian culture places
her in the front rank of heroes
"who blazed the trail for us."
"Kayla loved her country
and all its people. She was
proud of its heritage and cul-
tural traditions. She believed
in her country and celebrated
it in drama, poetry and in
song, and she didn't do it
alone either, she brought
thousands along with her
whether as actors, or dancers.
choir members or musicians
- pr as one of the many who


can trace their appreciation of
the arts to the enthusiastic
example of Kayla Lockhart-
Edwards," said Mr Christie.
FNM Leader Hubert
Ingraham also praised Mrs
Edwards in glowing terms. He
described her as a talented
individual who put everyone
of her gifts to the best use
throughout her life.
"She understood that if we
are to remain a great people, if
we are to achieve our full poten-
tial, then we must constantly
develop and nurture all that is
good in our Bahamian culture
and try to weed opt all that is
negative," said Mr Ingraham.
In giving a friendship trib-
ute, Sir Arthur Foulkes
expressed his gratitude for
having such a good friend as
Mrs Edwards. He said htr
"deep and abiding faith have
been a source of strength and
inspiration for me and for oth-
er members of my family."
In remembering her, Sir
Arthur said: "She shared the
joys and sorrows of our family,


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* TONETTE Mackey tributes Kayla Lockhart
Edwards with a mime "I Know My Redeemer Lives


* PRIME Minister Perry Christie speaks at the
funeral Service of Kayla Lockhart-Edwards


A memorial service was also in memory of Kayla Lockart-Edwards at
Bahamas Faith Ministries International last Thursday


* PASTOR of BFMI, Pastor 0 ACCOMPLISHED
Richard Pinder with his wife musical artist Fred
Pastor Sheena Pinder Munnings, in attendance


and the successes and disap-
pointments. In times of celebra-
tion her voice would ring with
happiness. In times of trial she
had always the right word, the
right gesture and a soft smile that
flickered across her face, a smile
with the unmistakable message
of sympathy and understandingg"
Mrs Edwards was born in
Duncan Town, Ragged Island,
on March 21, 1946 to the late
Captain Kenneth Lockhart and
the late Naomi A Lockhart. She
is survived by her husband
Desmond Edwards, one'daugh-
ter, Keysha Edwvards-Taylor, one
son, Marquinn Edwards and five
grandchildren, Chakeyra, Kiana
and Caleb Taylor; Marqueya
and Demjai Edwards.


* BAHAMIAN artist Fred Ferguso,;'
preparing for his performance.


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, TEA JUNE 6,206TIB


Crowds head to the street for Labour


* By TIFFANY GRANT
Tribune Staff Reporter
UNION leader Obie Fergu-
son called for an increase in the
country's minimum wage at this
year's Labour Day rally.
Under the theme "United to
Face Global Challenges", thou-
sands of Bahamian workers
took to the streets of Nassau on
Friday to mark the 44th annual
Labour Day parade.
The march of solidarity cul-
minated in a rally on the
grounds of the College of the
Bahamas, where workers were
addressed by various trade
unions leaders.
Trade Union Congress presi-
dent Obie Ferguson made it
clear that the minimum wage
of $150.is not adequate for the
average household in the
Bahamas.
"One hundred and fifty dol-
lars is totally unreasonable, is
totally unfair and Bahamians
cannot live on a $150 a week,"
he said.
"We have a responsibility as
trade union leaders to put that
on the agenda. So come by
December of this year, we
should impress on the govern-
ment the necessity to increase
minimum wage from $150 to at
least $250 and preferably $300 a
week," Mr Ferguson said.
President of the National
Congress of Trade Unions
(NCTU) echoed Mr Ferguson's
sentiments for an increase in
the minimum wage.
"Today the minimum wage


* THE Bahamas Airline and Allied Workers Union marches in
solidarity


1 THE I Fa Justice team was represented at the Labour Day parade
(Photos: Mario Duncanson/Tribune staff)


is $150 a week, that works
$7,250 a year, that means a
home with a family of four has
to find money for transporta-
tion, food, clothing and the rest
of it," pointed out Mr Bain.
He also mentioned the need
to write the history of the labour
movement in the Bahamas.
"We must find a way to write
the history so thatwe could
tell people that those who are
enjoying a 40-hour work week,
improved vacation, those who
are enjoying maternity leave


* THE Iast Side Stevedoore's Union takes part in the annual
Labour Day parade
:" I.


and improved sick leave --
those are done by the labour
movement."
Those congregated were also
addressed by other union lead-
ers such as president of the
Bahamas Union of Teachers
(BUT) Ida Poitier-Turnquest.
The teacher's union has been
in the forefront of recent media
reports as it agitates for the
rights of educators.
Mrs Poitier-Turnquest said
the BUT is presently trying to
conclude its first collective bar-



i
.. -. .






,r:


gaining agreement. She thanked
all teachers and the general
public for their support and
prayers.
Labour, Immigration and
Training Minister Shane Gib-
son in his brief remarks pointed
out that trade unions bring bal-
ance in the work place.
"I believe that I can say with-
out fear or favour that the
unions right now today are now
working very closely, hand-in-
hand and harmoniously with the
government," he said.


L. ;. A
.. i
J : '.
'*^


* THE Bahamas Nurses Union


* THE Royal Bahamas Police Staff Association marches in the
Labour Day parade


* PRIME Minister Perry Christie stops for a hug from a
supporter in front of the Straw Market


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PART OF YOUR LIFE


U


SFIRSTCARIBBEAN
IN NATIONAL B &ANK

CAREER OPPORTUNITY


for


MANAGER, INSURANCE SERVICES

Qualifications:

Experience in sales and/or sales management
Experience in people management in a service environment
with a proven record of achieving objectives
Experience in the management of an insurance brokerage business

General Requirements/Responsibilities:

Maintain statutory, regulatory and financial responsibility for
the Bahamas Insurance Company
Analyze, review and approve or decline applications for
broker or agent services in accordance with authorized limits.
Ensure the timely and effective implementation of marketing
activities for the Bahamas Insurance business
Establish and support the implementation of individual
development plans to ensure the ongoing development of
insurance skills, selling skills and product knowledge expertise.

If you are interested:

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June 13, 2006 to:

Dawnika Rolle
Human Resources Business Associate
Managing Director's Office
Financial Centre, 2nd Floor, Shirley Street
P.O. Box N-3221
Nassau, Bahamas

Or email: Dawnika.Rolle@Firstcaribbeanbank.com

FirstCaribbean International Bank thanks all applicants for their
interest, however only those under consideration will be contacted.


Vacancies are open to Bahamian residents only.


---- --


THE TRIBUNE


PAGEF 6, TUESDAY, JUNE 6, 2006


.~i~ ...~..~,,..
r : ,;~.
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,.J






THE TRIBUNE TUESDAY, JUNE 6, 2006, PAGE 7


Day celebrations


As the unions marched,
performers took to Bay Street
for Labour Day Junkanoo
(Photos: Franklyn G Ferguson)
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* By Sir Ronald Sanders
(The writer is a business exec-
utive and former Caribbean
diplomat who publishes widely
on Small Sates in the Global
Community).

Dr Richard Bernal, the
Head of the Carib-
bean Regional negotiation
Machinery (CRNM), has pro-
duced a most important paper
on the survival of Caribbean
businesses in a competitive
global environment.
The paper should be com-
pulsory reading for Chambers


of Commerce and Industry and
parliamentarians throughout
the region, particularly those
who hold to the view that
Caribbean businesses can sur-
vive in the individual small mar-
kets of CARICOM countries,
and that the enabling environ-
ment of the Caribbean Single
Market (CSM) is unnecessary.
'Entitled "Nano-firms
regional integration and inter-
national competitiveness: the
experience and dilemma of the
CSME", Dr Bernal's paper
makes the point that "it is firms
not countries that trade and
invest".
Therefore, "CARICOM


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firms, even those that have
become multinational corpora-
tions, will find the challenge of
international competitiveness
difficult unless they enlarge and
thereby reduce or eliminate the
disadvantages of being minute,
compared to the firms the\ have;
to compete against in the glob-
al marketplace".
Dr Bernal supports his argu-'
ment with a telling analysis of" '
the performance of the largest .
firms in CARICOMI against
some of the small multinational
firms in the industrialized ''"
nations.
This is what Dr Bernal finds: '
"A comparison of the top 6-20''
firms in CARICOM, Canada,''
Europe and the United States!'"'
for the year 2003 reveals the' '
gigantic difference in size ThI,
biggest CARICOM firm, Grace
Kennedy of Jamaica had rev-
enue of $412 million compared
.to Georee \'eston of Canada
Ina2fewyears,,.
except forvery
few iche
industries i
within local
markets, every: !
.firm within .. :.,
CARICOMwil be "'
up against stiff
competition : a-:. ,.., *
w hijt the own
countries from i
companies,
outside the
region.

with $22 billion, BP Oil and Gas '
in Europe with $174 billion and i
:WaI-Marr Sto.re :in the' U.-.S"1'i
with $244 billion".' ; : 'n
He goes on to point out that'"
"the total assets of the largest
national CARICOM firm, thei.r
National Commercial Bank of
Jamaica (NCB) in 2003 was.
$2,431 billion, which is 4.4 per-'
cent of the assets of Petrobas .I
of Brazil, and 0.002 percent o.
the $1,097,190 million of asset
of Citibank dofthe Ii.S. Allian
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- ---


THE TRIBUNE',:'~


PAGE 8, TUESDAY, JUNE 6, 2006


211B







!NF 6 ~-N)(Ih. '/\(~F 9


THE TRIBUNE


assets, amounting to $796,262
million is times 328 larger than
NCI'of Jamaica and Citibank is
451 ,times,larger."
And with regard to employ-
merit, "the largest employers in
the CARICOM region are Neal
& Massey of Trinidad and
Tobago with a staff of 6,000 and
Lascelle.s Demercado of
Jamaica .with 6,800 compared
with General Motors and Wal-
Mari of the U.S. with well over
600,000 employees."

,,he paper argues that
11 "the facilitation of the
enlargement and consolidation
of CARICOM firms and there-
by the improvement in their
prospects of international com-
petitiveness is extremely
urgent".
And, of course, this "facili-
tation" is in part what the cre-
ation of the CSM is intended to
do to create the single eco-
nomic space and the opportu-
nity for smaller CARICOM
firms to merge into single enti-
ties which would be better able
to access financial and manage-
rial resources to make them
competitive.:
In a few years, except for
\er) few niche industries within
local markets, every firm within
CARICOM will be up against
stiff competition within their
own countries from companies
outside the region.
The rules of establishment,
procurement and competition
being developed within the
World Trade Organisation
(WTO), and even in the nego-
- tiations between the European
Union and the African,
Caribbean and Pacific Group


Caribbean firms



competitiveness


M ..



WORLD VIE


* SIR Ronald Sanders


(ACP), point to a situation in
which CARICOM countries
will have to open their markets
for the establishment of foreign
companies.
CARICOM negotiators may
be able to argue for a delay in
the implementation of such
rules for a limited period, but
they will not be able to do bet-
ter than that. The world is mov-
ing inexorably to achieving what
will be a single economic space.
Assertions; of local owner-
ship and calls for protection
based on national entitlements
are fast becoming a thing of the
past, and Caribbean businesses
will collapse if they wait until
the new rules are in place and
international competition is
affecting their businesses before
they begin to strengthen them-
selves through mergers, acqui-
sitions and broadening of their
markets both within and out-
side of CARICOM.
Of course mergers between
CARICOM firms could be bet-
ter facilitated by the creation of
a framework for banks and oth-


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er financial institutions to more
easily provide cross-border
financing tq firms and investors
within CARICOM.

A although, the major
banks in the region
such as RBTT and Republic
Bank in Trinidad and Tobago,
and First Caribbean Interna-
tional Bank in Barbados have
become financiers to many
Caribbean businesses, they
could do more if the frame-
work, regulations and proce-
dures throughout CARICOM
was uniform.
Further, offshore banks in
countries such as Antigua and
Barbuda, St Kitts-Nevis, St Vin-
cent and The Grenadines
remain untapped reservoirs of
funding for Caribbean enter-
prises. Many of these same
banks are making investment
or lending money to non-
Caribbean firms to finance
development elsewhere.
Businesses throughout the
region should be submitting
their own studies to CARI-
COM governments on how best
cross-border financing might be
achieved in CARICOM.
At the bottom line of all this
is that businesses within CARI-
COM do not have much time
to strengthen themselves
through mergers and acquisi-
tions to contend with the inter-
national competition that is
surely coming within their own
markets.
The CSM remains a viable
vehicle through which this can
be done. As Dr Bernal states in
his paper, "an enlarged market
and pool of resources, which
would be available in a region-
al market would mitigate some
of the constraints of the small
size of national markets and
would permit the attainment of
economies of scale in an
increased number of economic
activities."
Responses to: ronald-
sanders29@hotmail.com


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THE TRIBUNE


PAGE 10, TUESDAY, JUNE 6, 2006


(-nIoII. ,,eIe


to the family
of the late


MRS. LOIS

SYMONETTE


\'I ,' The Chairman and Board of
/ Directors; the Managing
Director, Executive Management
Committee Members and Staff of
the Public Hospitals Authority extend our
heartfelt condolences to the family of the late Mrs. Lois Symonette.

The passing of this "Public Service Icon" who possessed such
an indomitable spirit and passion for the Public Service has left
a deep void in the lives of many Public Officers whom she
mentored, nurtured, and encouraged to realize their true potential.

Mrs. Symonette served for more than 40 years in the Public
Sector rising to the level of Permanent Secretary in several
Ministries including the Ministry of Health.

Following her retirement, Mrs. Symonette continued to contribute
to national development in several capacities which included
Heading the Secretariat for the formation of the Public Hospitals
Authority: Management Consultant/Secretary to the Public
Hospitals Authority Board of Directors from July 1998 to June
2000; and as a Member of the Board of Directors and Chairperson
of the Human Resources Committee from July 2003 to the time
of her passing on May 27, 2006.

Mrs. Symonette, in her role as Chairperson of the National
Commission on Special Education, provided full support for the
advancement of the Public Hospitals Authority's
Neurodevelopment Programme which is a programme for the
screening and rehabilitative therapy of children at risk of
developmental delays. Her goal was to institute a Register of
Children at such Risk; and although her dream was not yet
realized, work in this regard, is well on its way. We shall be sure
to fulfill her dream.

In each of her positions as part of the Public Hospitals Authority,
Mrs. Symonette served with distinction. Her enthusiasm could
always be felt, as she expressed her opinions and offered her
invaluable guidance and sage advice. Her astute words and kind
deeds will forever dwell with us.

So, to Mr. Arthur Symonette, the children and all other family
members, please be assured that our support and prayers are
with you; and may God's peace, love and protection bring you
comfort during this difficult time.

The Public Hospitals Authority Family
,; ., i L'_,.' ,

4, ,,. t.


THESE childrtn ~. '
could not "nil Io
Sgel I o 1ie heche-
A l l(. o : i le h lpei, m
rain holidt -
-..eekend. _H I i ."
,Wilme i,, h,- .
proved lo )e
Wk.1. heavens soon .'a :{3 363
opened... ,
Major/Triblae ir s-'i'
.................... ......................... ............ .................... ........ "....................................................................................................... .. ....


Graduates give



advice on career


M By DENISE MAYCOCK
Tribune Freeport
Reporter
FREEPORT Honour grad-
uates at the College of the
Bahamas were challenged to
become inventors, entrepre-
neurs, and educators.
Arlene Clarke, BTC manager
of sales, marketing and public
relations, was the keynote
speaker at the COB honours


convocation held at the northern
campus last week Wednesday.
She challenged graduates to
"dream big" and expect posi-
tive results from their future
endeavours.
"Which of you will rise to the
challenge and capitalise on the
gift of government Crown land
and start an organic farm; which
of you will embark on a ven-
ture to manufacture, package,
sell locally and export to the


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world the many herbal leas ,Jvi
growing in abundance a boiud i ;i
us?" asked Mrs Clarke. t, I.,
"There is a niche market fort ''- :
each of you and in order to :r'
invent the future you muat le- -
passionate and zealous about "
meeting the needs around you. ','''
You must be willing to take' '
risks, dream big and expect po- u,'1'
itive results."
Dr Coralee Kelly, COBiassis- ::.'
tant vice president, said the hoi; "' '
ours convocation is held to
recognize students, who haove ) @q
achieved a grade point average'
of 3.0 or above and at least 12 '-::'
credits in a semester. ':.:t
"This is an annual event, but i
for the last few years we have rw?'
not held it here (in Freepoit) fi. 'i'.
because we have been focusing a'
on our graduation ciremoinu l ,-'1' )
she said.
Attending the ecent u\rn-
COB acting preside nt Dr Rho
da Chipman-Johnonn and
Linda Davis, vice president
academic affairs in Ne:. Pro.,
dence.
Dr Kelly said conscLuIU+C
will begin soon or. nca '. c
pus in East Grand Ba:h.,ma;
"At this stage we ,re Lgenii
approvals to begin the ground
work. So I am anticipating that
the construction can start sooit,
but before the actual construe-
tion can begin we have to buid
up the ground to a certain
point," she explained.
Despite the establishment Rf
other colleges in Freeport, D?,r
Kelly said that the popularity
of COB has remained steady.
"We have not seen a J.i '_,,rj' n
anyway," she said.
Dr Kelly said traditionally.
the college has required stu--
dents to have five BGCSEs of
C's grade or above for entry.
However, she noted that there !. i
are other ways to get into the pir- 1 1
gramme for example thi'.., |
the basic upgrading programme j
or various prep programmes
Dr Kelly said the colic. in i
Freeport now otters bachelort
degree programmes and is in
the process of phasing out most
associate degree progirammes.
She indicated that at least.75
per cent of the pro i,111 ici, .
now at the b.hchlil 'i lcL .e.... -


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TUESDAY, JUNE 6, 2006, PAGE 11


THE TRIBUNE


Osmosis. plant 'will



end water shortages'


YOUR CONNECTION TO THE WORLD


* By Bahamas Information
Services
RESIDENTS of New Provi-
dence and the Family Islands
can expect an end to water
shortages when the Blue Hills
Reverse Osmosis plant is com-
pleted, said Mr Donald
Demeritte, chairman of the
Water and Sewerage Corpora-
tion (WSC).
"Those of us who live in New
Providence are painfully aware
that water has been a problem
for us for the past several years.
We've suffered through
droughts, we've suffered
through rationing, and we've
suffered through barging.
"This year we are taking that
bold step to eradicate those
issues and those problems. New
Providence has, in our estima-
tion, a demand of at least 22
million gallons of water that we
need to be able to supply," Mr
Demeritte said.
The plant is being built by
Waterfields Company Limited,
a Consolidated Water majori-
ty-owned subsidiary.
Consolidated Water was
incorporated in 1973, in the Cay-
man Islands and uses reverse
osmosis technology to produce
freshwater from seawater.
Despite the assistance the
plant will provide in alleviating
the water problem, Mr
Demeritte said there is more to
be done
"Once everyone in the
.Bahamas feels comfortable that
they can turn on the tap and get
water, then we know that our
job has been achieved."


Mr Demeritte said this also
includes the Family Islands.
"Persons in Acklins, Long
Island, Exuma, Eleuthera, every
island in this Bahamas have an
issue. It is the thrust and the
strategic objective of this cor-
poration and of the government
to deal with those things.
"The plan is in place and we
will achieve it in short order.
New Providence will come first,
but as we tackle New Provi-
dence, we will tackle Long
Island, Eumna Eleulthrji, etc.
Consolidated Water chair-
man Jcffre M Parker said
When the Blue Hills Reverse
Osmosis Seawater Desalinartion
Plant is completed, it will be
able to provide six.million impe-
rial gallons per day.


"Our contract calls for us to
build a plant which is five mil-
lion imperial gallons per day ..
we are in fact building six. The
WSC has indicated that they
wanted that built into the design
in case they needed more capac-
ity at a later date. We just decid-
ed to build it right at the begin-
ning so that we had a complete
plant," said Mr Parker.
"You can rest assured that it
will be finished and when it is
finished, this plant will be a
showcase plant -- not only for
the Caribbean it will be a
showcase plant for the world.
It will be, for its size, as effi-
cient as any plant in the world -
or more,efficient than most in
terms of energy recovery," he
said.


Commonwealth Bank is offering ten (10) Scholarship Awards to
Bahamian Students to attend The College of The Bahamas

Applications are available at any Commonwealth Bank branch or at
the Financial Aid & Housing Department, 2nd Floor, Portia Smith
Building, The College of The Bahamas

APPLICATIONS MUST BE SUBMITTED TO:
OFFICE OF THE DIRECTOR
FINANCIAL AID & HOUSING
THE COLLEGE OF THE BAHAMAS
PR BOX N-4912
NASSAU, BAHAMAS

(Students from the Family Islands are invited to apply)


C B
COMMONWEALTH BANK


'Leader in P'rsonal Ruliniktn -.-'.


DEADLINE FOR APPLICATIONS IS JULY 14,2006


www.combankltd.com


POSITION VACANCY


Chief Financial Officer (CFO)

The Bahamas Telecommunications Company Limited (BTC) invites applications for
the above position from suitably qualified persons with relevant experience in the
telecommunications or related industry.

GENERAL ACCOUNTABILITIES

This position develops and directs the Company's accounting and control activities to
protect the assets of BTC and to ensure the internal and external integrity of accounting
standards and financial controls. The CFO is to provide accurate and timely monthly
corporate performance reports and annual budgeting information to Board members,
executives, senior managers and line managers. The CFO also directs the formulation
and implementation of the Company's financial goals and objectives including cash
management, banking and relations with banks and investment finns, risk management
and capital funding requirements. The enhancement of revenue (including the
implementation of measures to stop revenue leakage) is an important requirement for
this position.

This is an executive management position reporting to the President & Chief Executive
Officer and the Chairman of the Finance Committee of the Board of Directors. As the
Chief Financial Officer of BTC, the holder of this position provides the Board and
senior management with informed and timely opinions on the Company's financial
performance and trends impacting operations.


SPECIFIC ACCOUNTABILITIES
1. Develop and direct the Company's accounting and control activities to protect the
assets of BTC, to ensure the internal and external integrity of accounting standards
and financial controls, and to provide accurate and timely reporting and budgeting
information to Board members, executives, senior managers and line managers.

2 Direct and prepare for printing and distribution all statutory accounts and-annual
audited financial reports.

3. Direct the formulation and implementation of the Company's financial goals and
objectives including: cash management, banking and relations with banks and
investment houses, risk management and capital funding requirements.

4. Provide the Board and Executive Management with informed and timely opinions
on the Company's financial performance and trends impacting operations.

5. Protect the assets of the Company by directing the accounting and control, financial
planning, statutory reporting, and risk management activities on a company-wide
basis.

6. Enhance the Company's public image by ensuring the integrity of accounting and
control standards and procedures and by providing the published annual report on
a timely basis.
7. Contribute to the aims and objectives of BTC by providing informed advice relative
to the Company's financial performance, the general business environment and
developing trends impacting BTC's activities.

8. Contribute to increased corporate'revenues though effective cash management and
by preparing and presenting financial operating data for Board and executive
approval.

9. Contribute to the reduction of operating expenses through the development and
implementation of accounting and control procedures and systems to provide
accurate and timely data for the information of the Board, executives and managers.

10. Ensure the Company's continued access to capital at competitive rates by ensuring
the flow of financial information, by maintaining contact with commercial and
investment banks and by directing accurate and timely financial planning and
budgeting.

11. Ensure the necessary human resources to meet both the current and future needs
of the finance division by participating in the selection, mentoring, motivation
and development of managers and staff.

12. To attend as required all meetings of the Executive Committee, the Board of
Directors and the Finance Committee of the Board and any other relevant committee.
13. To arrange for the audit of BTC's financial statements in a timely manner and to
liaise with BTC's external auditors as required.
14. To ensure prompt action to implement recommendations made by the Internal
Audit Department in their reports to the Audit Committee of the Board and the
senior management.

REQUIREMENTS

The successful candidate should be a member of a recognized accounting body from
the U.K., Canada or the USA, possess a thorough working knowledge of International
Accounting Standards (IAS) and meet the following requirements:

A CPA or ACA designation with at least ten (10) years of commercial post-qualification
experience with proven senior management experience in the telecommunications
industry.

Exceptional interpersonal and communications skills. '

Expertise in implementing Enterprise Resource Planning (ERP) systems.

COMPENSATION

BTC offers a competitive salary and excellent benefits commensurate with
qualifications and experience and in line with compensation and benefits afforded
senior executives in the private sector.

It is BTC's intention to execute a contract with the successful applicant for a
period of three (3) years with an option to renew the contract for a mutually agreed
period.

All applications are to be received at BTC's Head Office, 21 John F. Kennedy Drive,
no later than June 6th, 2006 and addressed as follows:

Director of Human Resources
The Bahamas Telecommunications Company Limited


John F. Kennedy Drive
P. O. Box N-3048
Nassau, Bahamas

Re: Vacancy: Chief Financial Officer


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PAGE 2, TUSDAYJUNE 200CTHE RIBUN


Bahamas criticised on trafficking


FROM page one
illegal immigrant who theoret-
ically was being exploited to
complain to the same authori-
ties that are charged with stop-
ping illegal migration.
"While the Bahamas has a
well-developed labour law, it
contains no specific provisions
addressing trafficking in per-
sons and Bahamian law does
not criminalize forced labour
practices. Bahamian govern-
ment officials recommend that
any adult victims needing assis-
tance contact the Department
of Immigration. It is unlikely
that illegal migrants, in the


absence of any legal protec-
tions for adult victims, would
report their exploitation to the
same officials who are respon-
sible for taking action against
illegal migration.
"On the other hand, the gov-
ernment has taken significant
steps to protect children and
raise public awareness to pre-
vent abuse of children in child
labour and commercial sexu-
al exploitation. It has conduct-
ed multiple outreach cam-
paigns, established a hotline
for reporting child abuse, and
improved efforts to enforce
child labour prohibitions of the
Employment Act of 2001. The


government has also estab-
lished a special police unit for
missing and exploited children,
developed a protocol for deal-
ing with suspected child
exploitation, and created a
child abuse team to intervene
in suspected exploitation or
abuse cases."
The Minister of Labour and
Immigration, Shane Gibson
could not be contacted yester-
day for comment on this report
as he is attending the 95th
annual session of the Interna-
tional Labour Conference in
Geneva, Switzerland. Mr Gib-
son is expected to return to the
Bahamas on June 10.


Veteran broadcaster Gordon



Lowe dies from heart attack
I ., ;.


FROM page one
According to eye-witness
reports, the 30-year veteran
with the Bahamas Broadcast-
ing Corporation suddenly col-
lapsed in the restaurant at
around noon on Saturday.
All attempts to resuscitate
him proved unsuccessful.
Initial information indicated
that Mr Lowe may have died
as a result of choking on some
food.
However, friends of the Lowe
family later confirmed that he
had in fact suffered a heart
attack.


Members of his immediate
family as well as colleagues
from ZNS rushed to the scene
of his death as the news spread.
Remembered as someone
who made major contributions
to broadcasting in the Bahamas,
Mr Lowe was a regular voice
on ZNS Radio especially
when a hurricane was threaten-
ing.
At the time of his death Mr
Lowe held the position of
Director of Radio Production.
Speaking with The Tribune
yesterday Ambassador to the,
US Joshua Sears, a close friend
of the deceased and his family,


Pa'i roes.- sTrs


said that the news of Mr Lowe's
death came as a "terrible
shock."
"His death is a tremendous
loss.'He was someone who
made great contributions to
broadcasting in the Bahama's;
"Gordon was recognized
around the world as someone
with a keen understanding of
the world, of politics and gov-
ernment. He will be sorely
missed," Ambassador Seairs
said:
Dedicating Saturday
evening's 7pm newscast to Mr
Lowe, ZNS paid him tribute.
Chairman of the Bahamas
Broadcasting Corporation
Calsey Johnson described Mr
Lowe as a "true professional"
whose contribution to broad-
casting in the Bahamas is
invaluable.
"When you think about Gor-
don Lowe, you know that Gor-
don was smooth, he was the
calm and the collected type of
broadcaster, smooth and soft.
"He conducted those kind of
shows and radio and played the
kind of music everybody liked,"
he said.
The chairman highlighted Mr
Lowe's role as part of the
broadcasting corporation's dis-
aster preparedness team.
: "You knew he was a veter-
an, because the way he talked
about the weather conditions
and storms and hurricanes and
the islands, and how he could
name the various settlements in
theTislands. He was a true
broadcaster, a professional right
to the core," he said.
On behalf of the corporation
and Minister Obie Wilchcombe,
Mr Johnson extended sincerest
condolences to the Lowe fami-
ly. i ;
"We will miss Gordon, we
love him, he was one of usfor
many, many years, and he
played his role well in this field
of broadcasting," Mr Johnson
said.;
Mr Lowe is survived by his
wife Donna employed at'the
Ministry of Foreign Affairs -
and his five children. 1


Do you feel Passionate



about colour, style, design &



customer focused achievement?


If we've peaked your interest, Let's Talk!!


Are you striving for personal growth in a
company that prides itself on customer
service?

Plus Group of Companies is an established
Bahamian owned group that is growing &
continuing to build it's team of professionals
in various areas.

We offer a competitive salary & benefits
package as well as ongoing professional
training & development.


*~.,,
4. *\

:i a


Skills Required:
* Excellent customer service skills
* Professional appearance
* Computer skills
* A positive, energetic & enthusiastic
team player
* Strong communication &
interpersonal skills









of Companies



Please submit your application by Mail to:
Director of Human Resources
The Plus Group
P O. Box N713
Nassau, Bahamas

or eMail: jobs@theplusgroup.com

c\ thank all applicants, however only those
selected for an interview will be contacted.


PAGE 12, TUESDAY, JUN\E 6, 2006


THE TRIBUNE








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TUESDAY, JUNE 6, 2006, PAGE 13
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Marine education poster



winners announced


BLUE Lagoon Island A
record number of students from
throughout the Bahamas shared
their concerns about the threat
posed by mmrinue debris by taking
part in the sixth annual Marine
Education I', i Contest.
Nearly ', I posters by stu-.
dents from 30 schools on 1.3
islands entered the contest,
which was hosted by Dolphin
Encounters Project BEACH.
Under the theme "Trashing
our treasures" students were
invited to research the negative
effects of debris on marine life
and to express their concerns
through poster art.
Sponsored by Treasure Cay
Hotel and Marina, the contest
was open to all students in the
Bahamas, from kindergarten
through grade 12.
The winners were recognized
for their art at an awards cere-
mony and luncheon held by
Dolphin Encounters at the
British Colonial Hilton.
The winners in the four entry
categories were:
Kindergarten to grade two:
First place Phillip Lockhart,
Yellow Elder Primary; second
place Kaysheena Collins,
Weymess Bight Primary; third
place Prescott Deveaux, Yel-
low Eldpr Primary.
Honourable mention: Haley
Nottage Lyford Cay Scihool
Gradesthree to five: ,
First place Visstassjia
Williams, Our Lady's Primary;
second place Keri Cartwright,
Kingsway Academy; third place
- Juwan Bain, Yellow Elder Pri-
mary.


Honourable mention: Lyn-
dera Pinder, Our Lady's Pri-
mary.
Grades six to eight:
First place Felicia T.,',1.
Lyford Cay; second place -
Piers Brandenson, Queen's Col-
lege; third place Mary Collier-
Bain, Lyford Cay School.
Honourable mention Tia
Bimal, Queen's College.
Grades nine to 12:
First place Terell Cole-
brook, San Salvador High
School; second place Dorlan
Curtis Junior, St Anne's; third
place Sasha Wells, Queen's
College.
SHonourable mention -
Amelia Amoury, Queen's Col-
lege
"This year's contest was a
tremendous success," said
Annette Dempsey, director of
education for Dolphin Encoun-
ters. "With close to 600 posters
that were so well done, our
judges had a very difficult time
picking the winners. The chil-
dren obviously spent extensive
time learning about marine
debris and interpreting their
concerns.."
"I don't want people to put
their garbage on our beaches,"
said kindergarten student Philip
;Lockhart of Yellow Elder Pri-
mary, who won first place in his
:category. "If people leave their
garbage it goes into the sea and
;animals get hurt and tourists
.don't want to stay on the
bcjih '
E.icl winner received a tro-
.phvy and award donated by busi-
1- ss. that depend on the health


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Bimal, Piers Brandenson, Robert Meister (managing director,
Dolphin Encounters), Mary Collier-Bain, Felicia Taylor, Sasha
Wells and Janeen Bullard (education co-ordinator for Dolphin
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Keri Cartwright.


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LOCAL NEWS


- --- --


THE TRIBUNE


PAGE 14, TUESDAY, JUNE 6, 2006


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"HE TFtpUNE


TUESDAY, JUNE 6, 2006, PAGE 15


FROM page one Tourism claim todians, hne said.
FRO age neMr Turnquest added that the
vlinister Pdrry Christie high- ............. .......................... country is not yet experiencing
ghted the' country's robust the results of recent heads of
urism industry as one of his midable and successful in the agreements signed for new
administration'ss major achieve- region," Mr Christie told par- hotels and resort projects.
nents. liament last Wednesday. The prime minister in his
"The tourism industry is Speaking' with The Tribune budget communication last
ready doing well and visitor yesterday, Mr Turnquest attrib- week pointed out that the num-
[rrivals and expenditure are uted these current successes to ber of visitors in 2004 exceeded
making off ind exceeding the the framework left in place by five million for the first time in
evels lat achievedd during the the previous administration, the country's history.
nid-199p0 "They (the PLP government) "The year 2005 saw further
"Whobe he new tourism knew not to fool with the prod- increase in that number, and
nchor jJects in the Family uct. All the infrastructure was all the indications are that
islands b iine on stream over already put in place, all the 2006 will be even better.
he nexittfw years, and the plans. (Minister of Tourism Moreover, it.is not only the
ransfori6ation of New Provi- Obie Wilchcombe) has not numbers but the expenditure
lence is completed, our tourism introduced any new strategies." and room rates which are
ndustr y be the most for- They are all simply good cus- being generated which are
.........A ........... ..... ................................. ........"....... .................. .. .......................... ...........................
FRO page one Letter si n d Investment Board, and begin
SLetter sgnfe pre-sales as soon as the engi-
Devel pnent Ltd) has signed ............. ........... neering studs are complete,"
he letter t; intent to acquire the release said.
98 acres' beachfront prop- lots, and a 200-unit condomini- Although not going into any
rty in tlrAndros, just south um complex overlooking the detail about the project, Vin-
f Morg~na Iluff, on the east- golf course. cent Peet, MP for North Andros
rn coasifthe island. According to a statement and minister of Foreign Invest-
AndrosIlsle Development from the company, it has can- ments, said he would have to
Corporation (AIDC) is a pub-, celled its developmentagree- take a closer look at who the
icly traded real estate develop- ment with the Campbell/Storr principals of the company are
nent company that specializes family] and plans to move for- before he could comment.
n the acquisition and develop- ward with its planned luxury, However, he did say that
ient of luxury resorts in the resort development on thts new Andros has "for too long" been
'aribbean and in converting parcel of land. overlooked.
uxury hotels into condo hotels. "This move gives Andros Isle "Any investment coming to
In North Andros the compa- Development Corporation a 99 Andros, once it has been seen
ly intends to build a 120-room per cent ownership stake in the that the investors are clear and
-star hotel resort and spa, a development property as clean, they will be welcomed,"
aine hole PGA championship opposed to the 40 per cent stake he said.
;olf course, a yacht club with a the company had in the Camp- Mr Peet said that his job as
0 to 100 slip marina, a luxury bell/Storr Development Agree- the investment minister and MP
:ondominium/townhouse corn- mnt. for North Andros would be to
lex to overlookithat marina, a "Andros Isle Development look for investors who would
;mall secluded community of Ltd expects to file its develop- not just start projects, but those
tomes on one acre waterfront ment plan \ ith the Foreign who can actually finish them.


also increasing," he said.
Mr Christie said that new
projects, which include major
up-market projects in both New
Providence and the Family
Islands, will further' boost
expenditure and room rates
throughout the Bahamas.
However, Mr Turnquest yes-


terday advised caution when
considering the projects for the
Family Islands.
He said that in places like
Mayaguana and Rum Cay,
where major touristic develop-
ments are expected to come on
stream in the new future, the
local community may not be


prepared to deal with the con-
sequences of bringing such large
projects to their islands.
"We have to be careful that
these large projects don't over-
shadow and overpower the local
population. I advise extreme
caution in the next few years,"
he said.


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Ingrid Cambridge is an executive sales
representative whose expertise makes
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Named Family Guardian s 2005 Agent of the Year
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M'Mrs. Camnbridge is a two-time consecutive member
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She is currently pursuing the Chartered Life
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A valued member of the executive sales team
a.t Family Guardian. Mrs. Cambridge provides
sound advice on life and health insurance
and investment planning.
SCall her today at 326-1040.


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THE TRIBUNE


PAGE 16, TUESDAY, JUNE 6, 2006


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TUESDAY, JUNE 6, 2006


SECTION


business@tribunemedia.etMiami Herald Business, Stocks, Analysis, Wall Street


Insurer's


high


risk property policies


1 By NEIL HARTNELL
> Tribune Business Editor
:t A Bahamian general
j insurer is "shedding"
L kA properties whose


risk is not matched by the pre-
mium the market is allowing
it to charge, indicating that car-
riers are increasingly assessing
risk management strategies in
an era of greater hurricane


Bill 'raises the bar on

corporate governance'


U By NEIL HARTNELL
Tribune Business
Editor
THE proposed Bill making
it mandatory for Bahamian
,businesses that are sold or
closed to pay all taxes owed to
the Government "raises the
bar on corporate gover-
nance", the minister of state
for finance believes.
James Smith told The Tri-
bune that by imposing the
obligation to pay all govern-
ment monies on a company's
officers and directors, these


Move follows global trend of exposure management
given heightened hurricane activity,


activity.
Despite generating a $3.119
million profit in its 2005 finan-
cial year, RoyalStar Assurance,
one of the largest and best cap-
italised Bahamian general
insurers, said it was pruning its
property portfolio due to
"incorrect pricing" of property
insurance within the Bahamian
market.
Writing in the company's
annual report, managing direc-
tor Steve Watson said: "The
main area of concern in 2005
was another year of under-
writing losses from property
insurance. Even without Hur-
ricane Wilma, we'would not
have been able to record an
underwriting profit due to
what can only be described as


incorrect pricing within the
Bahamian market......"
Effectively, this means that
the premium RoyalStar is able
to charge is not covering its
reinsurance costs, agent and
broker commissions, and oper-
ating expenses.
The increased frequency and
threat posed by hurricanes,
with Hurricane Wilma the fifth
storm to strike the Bahamas
in seven years, has caused
insurers and reinsurers to
rapidly reassess their exposures
and risk management policies.
Both in the Bahamas and on
the US Gulf Coast, experience
has shown that the main dam-
ages that hurricanes cause to
properties are from storm
surges and flooding, as


opposed to wind.
Mr Watson hinted at this in
the RoyalStar report, indicat-
ing that properties in low-lying
areas or on the coast in storm-
prone areas throughout the
world are now being viewed
as greater risks. As a result,
these are likely to be charged
higher premiums or, in some
cases, insurers.will refuse to
renew or take on the risk.
Mr Watson said: "Given
what we see as the incorrect
pricing of property insurance,
we are using this opportunity
to modify our portfolio by
shedding property business
that produces risk that is not


SEE page 7B


Editor
THE Government's
hopes of progressively
reducing the fiscal deficit
are dependent on 8 per cent
revenue increases during
the 2007-2008 and 2008-
2009 fiscal years, with the
administration counting on
foreign direct investment
projects producing real ben-
efits to achieve this goal.
The Government's own
fiscal projections, attached
to its 2006-2007 Budget pre-
sentation, forecast that the
GFS fiscal deficit will fall
from 1.9 per cent of gross
domestic product (GDP) in
2006-2007 to 1.3 per cent in
2007-2008, and 1.1 per cent
in 2008-2009.
However, achieving the

SEE page 8B


Commonwealth latest bank to unveil $10m start-up fund


* JAMES SMITH


Babak to replace Francis

as Port Authority's chair


THE Grand Bahama Port
Authority (GBPA) has named
Hannes Babak, chairman of
BISX-listed Freeport Concrete,
as its new chairman to replace
Julian Francis.
Mr Babak, 45, stepped into
the former Central Bank of the
Bahamas' governor's shoes with
effect from June 1; almost
immediately after the. later ten-
dered his resignation last week.
Mr Babak has lived on Grand
Bahama since 1974, and chief
among his investments there is
Freeport Concrete, which owns
the Home Centre retail chain


and a concrete-making plant.
He also owns his own con-
struction company, H & F
Babak Construction.
Mr Babak was also a prime
mover in establishing another
BISX-listed entity, Premier
Real Estate Investment Corpo-
ration, a mutual fund that oper-
ates as a real estate investment
trust (REIT).
Among the properties owned
by Premier Real Estate is
Freeport's First Commercial'
Centre.


(See story on Page 3B)


Commonwealth Bank has become the
latest Bahamian commercial bank to unveil
a $10 million loan fund targeted at small
Businesses and stairtt--rp'ompanies.
SThe BISX-listed bank unveiled its Conm-
monwealth Bank Small Business Fund,
Which launched on June 1, at its Annual


General Meeting (AGM) last week.
It thus joins Scotiabank (Bahamas), which
has launched a fund of the same amount, in
dedicating a small portion of its ....J!.0
portfolio to the Bahamian small business
sector, which has long complained about
gaining access to capital.


Loans of up to $250,000 will be available
from the Commonwealth Bank fund to
qualifying businesses.
'"The launch of.the C. .m rii. ..1iihi Bank


SEE page 2B


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SEE page 9B


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~~\1











PAGE 2B, TUESDAY, JUNE 6, 2006


THE TRIBUNE"


Bank loans are difficult, but not





impossible, for business startup
-, ."'


financing your start-up
with a bank loan is, in
most cases, a non-starter
and most would be entre-
S preneurs should view a
bink loan as a last resort.
:Most private banks are not inter-
ested in lending to small businesses,
particularly start-ups, which are
invariably viewed by them as high-
risk propositions.
Situation

,This is not an unusual situation.
The sad situation is that banks reject
many entrepreneurs, and there are
normally three reasons why banks do
not lend money to start-ups. First,
start-ups do not have an established
track record of cash flow showing
money received and money paid out,
so have no demonstrable way of ser-
vicing bYank debt. Secondly, start-ups
do not have the capacity to pay back
the principal on the loans. And third-
ly' start-ups do not have sufficient
collateral to pledge against the loans.
Unless a bank is participating in a






I N S IGHT

_rt stl i hi
th *nwsradIs igh


Government loan programme or
some other initiative, getting them to
part with money will probably be dif-
ficult. Nevertheless, there may be
exceptions, so get on the phone to
the banks in your area to find out
what their requirements are. In
Louisiana, post-hurricane Katrina,
the Small Business Administration
has lent over $150 million to busi-
nesses. Also in the US, Wells Fargo
has loan programmes for women
entrepreneurs ,and has processed
more than a quarter of a million loans
since the mid-1990s.
As mentioned in the column on cre-
ative financing, banks are prepared
to lend money if you can provide col-
lateral. If you have suitable assets
such as stocks and shares, or a home
with sufficient equity, then banks will
be able to lend money against those
assets. In normal circumstances, banks
are not overly concerned with how
you are going to pay it back, as they
have your collateral.
However, this again is cyclical. In
times of low economic activity or high
levels of loan default, getting money
will be harder as banks will want to
have evidence you can make the
monthly payments. They do not want
to be in the business of foreclosing
your home and making you home-
less.
In addition to collateral, the bank
may also require a personal guarantee
in the case of default. A personal
guarantee will show the bank you
are prepared to put yourself on the
line so as to give paraniount atten-
tion to the business. Giving a person-


Business

SSense
I*i




al guarantee is a serious considera-
tion, so please take legal advice before
you do it.
So, if you do find yourself in the
position of borrowing money from
the bank, there are certain steps you
will need to take in order to increase
your chances of success.
While banks generally cite risk as
their main reason for turning down
small business loan requests, through
proper preparation you may still be
able to obtain a loan for your business
venture, assuming you have collater-
al and provided certain criteria are
met:
The bank's first criteria is credit
history. If your credit rating is good,
your chances of getting a loan are
dramatically increased.
Criteria

The bank's second criteria is feasi-
bility. Banks tend to know where the
potential problem areas of your busi-
ness are. You will need to demon-
strate to them that you have a good
grasp of your business, through a well-
written business plan that confirms:
That the business is a low-risk
proposition.


' '-
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JULY 2006


*1

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That you know exactly how much
money you need and what you are
going to do with it. Are you going to
use it to employ more people, buy
assets for the business, or refinance
other loans? They ill want to see a
well-developed financial section of
your business plan with detailed bud-
gets. Banks know instinctively that
business plans have a tendency to
overstate income iand understate
expenses.
When and how you will be able to
repay the loan. To convince them,
you will need to show them a cash
flow statement with a realistic repay-
ment schedule.
What you will do if you don't get
the loan?
-i
The bank's third criteria is business
experience. If you Lave business expe-
rience, or your family has a history
in business, this will help your case. If
you can demonstrate you have taken
business courses, ir joined a business
organisation in order to learn more
about business, this will also help your
case, as it will 'demonstrate to the
bank that you are serious.
So, how do you improve your
chances of success if you met the
three criteria above?
First, be confident and passionate
about your business. Show your deter-
mination in making this business ven-
ture succeed. Be proud of what you
are starting, and show the lender you
are in control.
Second, make sure you turn up on
time for your presentation; and that
you are smartly dressed and present-


A SuperSern 5 ier PrCArurh
June 19th, 2006 August 11th, 2006
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'Grammar. Creative Writing
NIATHEIMATICS '
ARTS & CRAFTS
GAMES)
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ed.
Thirdly, bring all your files'and'
information with you, so that yo u:
have your information to hand.
Fourth, don't show that you are
desperate for the loan. Let the bank
know that rejection will not stop
you from keeping trying till you get
your money.
Rejected

And if after all of this you do get
rejected, don't get upset. It isn't per-
sonal. Do find out why you were
rejected and get feedback on how you
can improve your business plan or
your general presentation. Then try
again with other lenders. Colonel
Sanders made over 1,000 presenta-
tions with his chicken recipe before he
found an investor, and the rest, as
they say, is history.
Getting money for our business is
a crucial area that requires much
thought, planning and effort. So, in
order to avoid the trap of antipreneur-
ship, make sure you take sufficient
time in this area, as it could pay large
dividends for your future business
success.

NB: Adapted from his upcoming
book, Antipreneurship And How to
Avoid It, Mark draws on 20 years of
top level business, marketing and
communications experience-in Lon-
don and the Bahamas. He consults
and currently lives in Nassau, and can
be contacted ; ; at
markalexpalmer@mac.comn :io'1
@ Mark Palmer. All rights reserve


Commonwealth

latest bank to
unveil $1 Om..
start-up fund


FROM page 1,

S Small Business Fund marks a
new milestone in Common-
wealth Bank's history and rein-
forces the bank's commitment
to a sector of the economy
which we applaud, a sector that
is responsible for new job and
wealth creation," said chaimnah
T. B. Donaldson: ;' `',-i.ni
"The bank is mindfut' ot the
role small businesses play in the
economy of the Bahamas, par-
ticularly throuighjob iand wealth
creation. To this end, I am
Announcing t4he ~iesablit~S~idh
of a Small Business Loan Fund
of$lI million, effective Jne 1,
2006." : c.v"
Ninie coisecutive year 'of
,record profits and an expand-
ing balance sheet are likely to
: :have pro\ ided the platfornr for
Commonwealth Bank to estab-
lish its Small Business Fund.
Commonwealth Bank report-
ed a 28 per cent increase in its
share price in 2005, rising from
$7.10 at December 31, 2004, to
$9.11 at December 2005, and
net income of $31.8 million for
2005, an increase of 25 per cent.
Since December 31, 2005, the
bank's share price has increased
a further 17.4 per cent to stand
at $10.70 at May 30, 2006, and
Commonwealth Bank reported
record profits of $8.8 million for
the first quarter of 2006.


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TUESDAY, JUNE 6, 2006, PAGE 3B


TUC-= TDIRI INMF


Port Authority neei


"PEOPLE are in shock," one
business source told The Tri-
bune yesterday of the changes at
the Grand Bahama Port
Authority, where former Cen-
tral Bank of the Bahamas gov-
ernor Julian Francis is being
replaced as chairman by Hannes
Babak.
The speed with which Mr
Babak's appointment was
announced on Saturday, June 3,
coming just two days after The
Tribune revealed that Mr Fran-
cis had resigned, indicates that
the moves had been in the
works for some time. Yet the
least that can be said about this
turn of events is that the Port
Authority and its shareholders
have managed the transition
from the late Edward St George
far from smoothly.
It was no secret that relations
between Mr Francis and the two
families who control 50 per cent
of the Port Authority's shares,
the St Georges and Haywards,
had been rocky for some time.
This newspaper had learnt of
the situation as far back as
April, with the dispute said to be
centred around differences over



Developer


plans


Andros


resort

A UjS-based real estate
developer has announced that
it has signed a 'Letter of Intent'
to acquire 198 beachfront acres
for a luxury resort develop-
ment in north Andros.
Andros Isle Development
Corp said its Bahamian sub-
sidiary, Andros Isle Develop-

SEE page 6B


Freeport's future direction and
the strategy to be employed.
When interviewed by this
newspaper at the time, Mr Fran-
cis said there was a "healthy
debate" taking place within the
Grand Bahama Port Authority
on devising the best strategy to
maximise Freeport's economic
potential.
"It's absolutely critical we
have that debate right now," Mr
Francis said of internal discus-
sions on Freeport's future devel-
opment. "I'm satisfied with the
results of that debate up to now.
It's been very useful."
Describing the relationship
with the Hayward and St
George families as "continuing
to be what it should", Mr Fran-
cis said: "With our sharehold-
ers we want to see a very aggres-
sive development of the busi-
ness here, and we intend to
deliver that. We have a new
business plan which is
ready.........."
Mr Francis's departure is like-
ly to be greeted with some dis-
may by a wide body of opinion
on Grand Bahama and in the
wider Bahamas, since many saw


him as the ideal man to take
over from the late Mr St
George. Indeed, it is understood
that Mr St George had
approached him to take him to
Freeport, wanting to establish
financial services more firmly in
the Port Authority area.
Apart from being Bahamian,
Mr Francis as a former Central
Bank of the Bahamas governor
and 6x-international banker -
had the contacts and interna-
tional reputation to attract com-
panies and industries that would
have been a good fit for
Freeport.
However, several sources
have told The Tribune that while
Mr Francis wanted to embark
on an aggressive strategy to pro-
mote Freeport and attract in
new businesses to generate
growth, the Hayward and St
George families did not agree.
Some business sources have
even suggested that the two
families are looking to sell their
holdings in the Port Authority,
but this has been firmly denied
by sources close to the matter.
But regardless of the rights
and wrongs of Mr Francis's


Make over $1000 per week!!!
Opportunities now available to
work closely with our lovely
tourist helping to leave a
beautiful and lasting impression
of their visit to the Bahamas.


I 111 *1iii [i


must be...
Mature (25 yrs or older) Outgoing Honest
Reliable Willing to Learn Dedicated
FAX LETTER TO 326 1747
OR
CALL: 328 4475
or mail to Iuman Resources, P.O.Box SS-6327 Nassau, Bahamas
^^^ ^^^^^^^^ ^^^^.^B ^^^^


departure, the most important
thing now is to stabilise the Port
Authority ship, which appears
to have been rocking since Mr
St George's death.
Its stability is critical to
Freeport and the wider.Grand
Bahama economy and society,
still struggling to rebuild after
the 2004 hurricane season with
one of its economic engines, the
Royal Oasis resort, still closed
and seeming unlikely to open


any time soon.
Into the hot seat now steps
Mr Babak, a businessman well-
versed in the Grand Bahama
economy, and who should be
sensitive to its needs going for-
ward.
He will have to step down as
chairman of Freeport Concrete,
the BISX-listed concrete maker
and retailer that he founded,
and of which he is still the
majority shareholder, and also


relinquish any role at his &.4 F .
Babak Construction Company.
Mr Babak also constructed
Freeport's First Commercial
Centre, and helped to establish'
the Premier Commercidlf alt-
Estate Investment Corliorqtioni
mutual fund that now oWns their
property, along with one others


SEE page 6B


''<1


The Clifton Heritage Authority announces a competition to create an official logo for.the,
Authority.

The competition is open to artists 18 years and older.

A maximum of two entries may be submitted in full color. Images should be at.
least 8.5x11 and no larger than 11x17. '

The logo should depict the historical and environmental significance of the
proposed Clifton Heritage Park, located at Clifton.

Each entry should be accompanied by a short paragraph describing the entry .
Entries must received by 4:00 p.m., June 22nd, 2006.


Winners will be awarded prizes as follows:
1st place- $1,500

2nd place- $1,000 ;';

3rd place- $750

Entry forms'may be collected from the Authority's office located at the Collins House: ":
Complex, Shirley Street and Collins Avenue with the entrance on Collins Avenue.
4- 4 i

The contest judges reserve the right to award no prizes at all.


TEL: (242) 325-1505
FAX: (242) 326-2568
P.O.BOX EE-15082
NASSAU, BAHAMAS










In recognition of our 33rd, Anniversary of Independence,
the Ministry of Health & National Insurance plans to host a
Health Heroes Awards Ceremony for 33 of the country's
unsung Heroes who have contributed significantly to
improving the quality of health care delivery in the
Commonwealth of The Bahamas and who would not have
normally been recognized for their unparalleled contribution.


Nominations are being sought in the following
categories:

i. Administration
ii. Allied Health
iii. Community Service
iv. Environmental Health
v. Medicine
vi. Nursing
vii. Public Health
viii. Support Services

Health heroes will be the unsung heroes who have contributed `
significantly to improving the quality of health care deliveri
within the Commonwealth of The Bahamas (30 years .:
more) and who would not have normally received ahyi-
reconition for their hard work, commitment, dedication and :
selfless service. Only living persons will be honoured.:

Please send nominations along with supporting documentation
to the attention of the Health Heroes Award Committe;.
Ministry of Health & National Insurance, P.O.Box N-373 :
Nassau, Bahamas and Attention: Mrs Andrea E. Archeri
Deputy Permanent Secretary on or before 9th, June, 2006i

Should you require further information, please do not hesitate;
to contact the Ministry of Health & National Insurance: at;
telephone numbers: 502-4754 or 502-4858 or by facsimile;
number :
325-5421. ,;i
r
4

.. 1 ,, ",


CLIFTON HERITAGE AUTHORITY
LOGO COMPETITION


PUBLIC HOSPITALS AUTHORITY

VACANCIES FOR
EMERGENCY MEDICAL TECHNICIAN
(EMT)BASIC

Applications are invited from suitably qualified persons for the post
Emergency Medical Technician Basic, Corporate Office, Public Hospital
Authority.
Applicants must possess the following qualifications:-
A minimum of two (2) B.G.C.S.E level or equivalent (including Math,
English, Science); Good oral, writing and reading skills; Emergency
Medical Technician, Basic and three years relevant experience; Must be
able to communicate and interact with members of the public and other
public safety and health professional during times of extreme stress,
while maintaining composure.
LICENSES CERTIFICATIONS
1. Obtains certification equivalent to US National Registry EMT-Basic.
2. Maintains certification in Basic Life Support (BLS); Pre-hospital
Trauma Life Support (PHTLS); American Heart Association (AHA)
and Cardio Pulmonary Recitation (CPR) for the Professional Rescuer.
3. Resgistered and licensed with the Health Professions Council
(Bahamas).
JOB SUMMARY
Responsible for providing timely pre hospital care to patients who require
emergency medical assistance; Secure scene and maintains safety.
DUTIES
1. Responds Immediately to emergency calls.,
2. Secures the scene of an emergency situation and maintains safety.
3. Performs basic life support and other medical assistance until the
patient arrives at the hospital.
4. Completes required reports related to patient care and provides
electronic, verbal and written report to medical staff.
5. Communicates with hospitals and dispatch, center usnig various
radio/telephone equipment.
6. Ensures that all emergency equipment are in the ambulance at all
times.
7. Prepares and submits an inventory of supplies at the end of each
shifts.
Letters of Application, resume and three (3) references should be
submitted, no later than 16th June, 2006, to the Human Resources
director, Public Hospitals Authority, P.O. Box N-8200 or 1st Corporate
office, Dockendale House, West Bay Street.
'" 11


I lr I IillvurL _


--C










IHE TRIBUNE


PAGE 4B. TUESDAY, JUNE 6, 2006


FOR SALE
(Boat is in Nassau duty paid)

71


Priced to sell $55,000
(Market value in the US $87,00)
Twin 250 MercCruiser only 100 hours Air conditioning/Radar/GPS/
Full Raytheon Nav package Generator/Macerator/Windlass
Head/Shower/Galley/Refrigerator Sleeps six/Full Bridge Enclosure.
Contact 772-343-7229
Email chascu@msn.com
r 1 '11 '


FIDELITY Bank (Bahamas)
has unveiled Anwer Sunderji,
chairman and chief executive of
its majority shareholder, Fidelity
Bank & Trust International, as
its new chief executive with effect
from March 31.
In addition, Fidelity Bank &
Trust International executives
Gregory Bethel, Michael Ander-
son and Alfred Stewart have been
named as Fidelity Bank
(Bahamas) executive vice-presi-
dents from the same date.
Sir William Allen, chairman of
the BISX-listed Fidelity Bank
(Bahamas), said all four were
familiar with the bank's opera-
tions and business, as they formed


the Executive Committee man
aging the Fidelity Group of Com-
panies. Sir William said in a state-
ment: "The bank continues to
make good progress in all areas.
A sharp reduction in delinquen-
cies, coupled with growth in new
business is contributing positive-
ly to the profitability of the bank."
He added that the bank was mak-
ing a significant investment in
upgrading its branches, with its
flagship Frederick Street location
currently undergoing renovations
There was no mention in the
release about what had happened
to Roderick Goom, Fidelity Bank
(Bahamas) previous chief execu-
tive. Fidelity Bank (Bahamas) is


na 'Colina
?W IEI Financial Advisors Ltd.
Pricing Information As Of:
1 June 2006
I 2.0.6FR ORE DATA & INFORMATIONl
.&0 .. '6,00 / YTD 151.26 /"TD 11 20
52ik-Hi 52wk-Low Symbol Previous Close Today's Close Charnge Dail .'.1 El- ` Ci i PE *13
0.95 0.59 Abaco Markets 0.95 0.95 0 L'00 .0 ,? 0O:. r.l 01 O-'
11.50 8.50 Bahamas Property Fund 11.50 11.50' 0.00 1.568 0.360 7.3 3.13%
7.24 6.35 Bank of Bahamas 7.20 7.20 0.00 0.738 0.330 9.8 4.58%
0.85 0.70 Benchmark .80 0.80 0.00 0.292 0.020 2.7 2.50%
1.80 1.26 Bahamas Waste 1.30 1.30 0.00 0.143 0.060 9.1 4.62%
1.35 1.05 Fidelity Bank : 135 1.35 0.00 500 0.175 0.050 7.7 4.02%
9.60 8.00 Cable Bahamas 9.40 9.40 0.00 0.618 0.240 15 2 2.55%
2.20 1.39 Colina Holdings 1.81 1.81 0.00 -0067 0.000 NM 0.00%
10.70 8.50 Commonwealth Bank 10.70 10.70 0.00 10,500 0.931 0.560 11 5 5.23%
6.26 4.12 Consolidated Water Bt1R, .': 5.91 5.91 0.00 0.1 15 0.045 51.4 0.76%
2.88 2.10 Doctor's Hospital 2.70 2.70 0.00 0.415 0.000 6.6 0.00%
6.214.02 Famguard 6.21 6.21 0.00 0.539 0.240 11.5 3.86%
11.25 1045 Finco 11.25 11.25 0.00 650 0.745 0.540 151 4.80%
12.43 8.51 FirstCaribbean 12.43 12.43 0.00 600 0.874 0.500 14.1 4.07%
10.60 8.41 Focol 10.60 10.60 0.00 0.885 0.500 12.0 4.72%
1.27 1.04 Freeport Concrete 1.04 1.04 0.00 -0.162 0.000 N/M 0.00%
10.20 9.50 ICD Utilities 9.50 9.50 0.00 0.526 0.405 18.1 4.26%
9.10 8.27 J. S. Johnson 9.10 9.10 0.00 0.565 0.560 16.1 6.15%
7.98 5.30 Kerzner Intemational BDR 7.92 7.92 0.00 0.160 0.000 49.6 0.00%
1000 10 00 Premier Real Estate 10 00 1000 000 2.036 0.585 4.9 5.85%
52wk-HI 52wk-Lo' Symbol Bid S Ask $ Last Price .; I, .1 EP. r i t P =E l-'lJ
14.00 12.25 Bahamas S rmasrket 14.00 1500 1a F00ud 2
0.14 10.00 Caribbean Crssrr 10.00 10.35 10.00 0.000 0.800 NM .80
0.54 0 20 RND Holdins 0.29 054 0 00 CIOn Il n 0nn0 N 00000%
43.00 28 00 ABDAB 41.00 4300 41 ui0l ..' ,:,: 1 ',
16.00 13.00 Bahamas Supermarc 02 1.00 4.00 15.0 o 12.50 1.750 0.360 8.0 2.57
50.60 0 35 RND Holdings 0.29 wee0.54 0 35 -0.070 0 000 N/M 0.0n
52wk-. i 52-owkt closg p I Fund Name es ANA V s YTD% Last 12 ilonlhs Cit y 19 M3
1.2887 1 2327 Collna hMoney Market und 1.288727
2.7451 2.3657 Fidelity Bahamas G & I Fund 2.V7451**
2.3560 2.2072 Colna MSI Preferred Fund 2.329423*
11643 1.1006 Colina Bond Fund 1.164331m***
BISXALL SHARE .lDEX 19 Dec Oi = 1.00000 MAiR T TERMJ YIELD la 12 month dl.nns a...10 c.. m:i:.-.. ':- h. io
52 .% Hi Hlghl :.I.-,,i. >n.:e in last 6! weakl Bai d Buyg price of Col.,a ar.d FI.3 r.
S2wk-Low Lowest closing price In last 62 weeks '' Ask $ Selling price of Collna and fidelity -19 May 2006
Previous Close Previous day's weighted price for aly vo in Laot Price Last traded over-the-counter price
Today's Close -Current day's weighted price for ally voamrn Weely Vol. Trading volume of the prior week *-01 May 2006
Change 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 30 April 2006
DIV $ Dividends per share paid In the last 12 months N/M Not Meaningful
PIE E Closing r'.c3 31.i.. 3 t r Ie last 12 ronth eamings FINDEX The Fidelity Bahamas Sl~, i.-.ie. J.-.ua-, 1 0_ inn ** 1 Par-'h 200C
....... .... ;A& INFORMATION CALL (242) 34-2503


looking to increase its capital base
to provide the platform for antic-
ipated future growth, and believes
its planned $15 million rights issue
will enable it to "far exceed" the
Basel committee's requirements
on riskaweighted capital.
The rights offering has to be
approved by the Central Bank of
the Bahamas. It effectively
involves a debt for equity swap,
where debt financing will be
exchanged for an injection of
equity financing to strengthen the
bank. The process involves Fideli-


ty Bank & Trust International, as
the parent, acquiring $10 million
in preference share debt in Fideli-
ty Bank (Bahamas) from the
existing holders of that debt.
Those preference shares, once -
acquired by Fidelity Bank & ;
Trust International, will be
redeemed by Fidelity Bank
(Bahamas), and the majority
shareholder will then reinject the :
proceeds back into the latter,
which is listed on BISX, by using
them to buy its share of the rights
issue.


CREDIT SUISSE






Credit SlalseWealthl Management Limited
is presently considering applications for a


CHIEF FINANCIAL/OPERATING OFFICER
I II I I


Sunderi named





at Fidelity he lm


Sales and Marketing Assistant
NEEDED
for Grand Bahama based radio station.
Applicants should addressed resume to:
The General Manager, P.O.Box F-40773,
Freeport Grand Bahama, Bahamas



Legal Notice

NOTICE


VENICE INVESTMENTS

FUND LTD.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section 137 of the In-
ternational Business Companies Act 2000 VENICE INVESTMENTS
FUND LTD. is in dissolution.
The date of the Commencement of dissolution was 8th April 2004. Da-
vid Thain of Arner Bank & Trust (Bahamas) Ltd., 308 East Bay Street,
P.O. Box N-3917 is the Liquidator of VENICE INVESTMENTS
FUND LTD. All persons having claims against the above-named com-
pany are required to send their address and particulars of their debts to
the Liquidator before the 10th May 2004.








I A new and exciting global career awaits an -

* Administrative Assistant
* In an International Organization and Leadership, ,
SInstitute that networks with leaders and students
0 around the world on a daily basis.


n The applicant should have college level education.'
and possess excellent skills 'in international
communication, Conference Planning. and I
Student Registration, PC Software (Word, Excel, U
Outlook and Data management).


SA minimum of 5 years experience in a similar
n position and the applicant must also be Christian. *

* U
SThe job offers competitive salary, group medical
0 and pension saving benefits. U
* U

* Send resume to: hrresourcemanager@yahoo.com *
Or write to:
* The Human Resource Manager
P.O. Box N-9583
SSNassau, Bahamas





CAREER OPPORTUNITY
INFORMATION TECHNOLOGiY DEPARTMENT

,lob Function:
Prtl ide i H-did are. Soft\". re t .tippon rt end i.-e'rs
Net oik Adin nraion

Qualifications t include:

Minimum of ilu'ee rcais I experiencee
Bachelor Degree in Computer Science/Information Systems
Demonstrated Proficiency in Microsoft office products,
Microsoft Server 2003, Exchange 2003, Linuz, and
ACCPAC
Ability to work with Minimal Supervision
Excellent colnmunicatin and organizational skills
Willingness to relocate to Freeport, Bahamas

To apply for this position please e-mail your resume to:
hr@ abcom rkets.com


Credit Suisse Private Banking is one of the world's premier private banks. It is setting new
standards which go beyond traditional banking services. Our dedicated and highly qualified staff
provides our clientele with comprehensive solutions in individual investment counseling and
professional portfolio management. Our total commitment is always to our clients and we focus
without compromise on their financial well-being and their personal values.

Requirements:

-A minimum of ten (10) years experience in banking with a large international institution at
Head Office level
Knowledge of trading, trade reconciliation, custody business, securities markets and funds
business
Extensive experience with SWIFT and EUROCLEAR systems and procedures
Deep knowledge of SOX related issues and US-GAAP standards
Ability to speak and write ii Portuguese and English
Experience in analysis of financial ratios, variance analysis, Management Information Systems,
forecasting, budgeting and accounting
-Knowledge and working experience with Microsoft products (including word, excel, access,
etc.)
Must have extensive working knowledge of GLOBUS and ADAC applications
Ability to evaluate financial reports sent to our Head Office, create and/or implement new
financial reports according to Head Office guidelines and streamline the business segments
Significant experience:in a senior management role in an operational environment
Comprehensive knowledge of operational and information technology principles, practices and
processes sufficient to interpret/analyze complex issues and develop innovative solutions to the
challenges effecting the business unit
Strong problem solving and decision-making skills
Strong interpersonal, oral and written communications skills
Possess a confident aid outgoing personality

Key Duties a Responsibllities will include:

Co-ordinate day-to-day operating of the main office
-Oversee various Management functions; particularly the Accounts and Information &
Technology Departments.
-Audit and liaise with managers to ensure maintenance of standards

Applications should be faxed to: (242) 302-6398
Human Resources Department
P.O. Box N-4801
,Nassau, Bahamas

- DEADLINE FOR RECEIPT OF APPLICATIONS IS JUNE 2, 2006


... -- -- I II_





I






THE TRIBUNE


TUESDAY, JUNE 6, 2006, PAGE 5B


I r is t
mI V M! Mj M 1



P The public is hereby notified that all persons who have filed a claim
to the land compulsory acquired by The Bahamas Government inr"


* By CARA BRENNEN
Tribune Staff Reporter
and NEIL HARTNELL
Tribune Business
Editor
PROPANE gas retailers have
indicated to The Tribune that
they had no warning the Min-
istry of Works was about to
establish new certification
guidelines for people entering
ihe industry, saying they would
be meeting this week to develop
a formal position on it.
Peter Adderley, the Propane
Gas Retailers Association's
public relations director, said:
"We note with interest the new
niteria, and we intent to meet
,is a group in the coming week
to state our public position.
"We remain committed to
providing a top level service for
our customers in New Provi-
dence and the Family Islands.
"The communication from
the Ministry level remains want-
ing. We accept the fact that a
new minister, and we will make
every effort to work with the
new Minister."
The Ministry of Works,
though, said it did not foresee
its enforcement of higher stan-
dards for persons holding a Liq-
uefied Petroleum Gas Certifi-
cate of Competency to be a
major challenge for those enter-
ing the profession.
The Ministry began advertis-
ing the new criteria for obtain-
ing the certification last week.
From July 1, applicants will be


required to pass an oral exami-
nation conducted by the Assis-
tant Buildings Control Officer
and pass a practical test instal-
lation.
This is in addition to the cur-
rent criteria already in place,
which require persons to pass
the LPG examination set by the
Bahamas Technical and Voca-
-tional Institute (BTVI), and to
provide proof of three years
working as a technician in the
LPG industry under an individ-
ual who has already obtained a
competency certificate.
Officer
Bradley King, acting deputy
buildings officer at the ministry,
told The Tribune that the new
requirements were something
that had been contemplated for
sonle time.
He explained that while there
had been some negative and
tragic incidents involving the
LPG industry in the past,
including the deaths of two
housekeepers in Lyford Cay fol-
lowing a gas explosion, the
change was not a "knee jerk"
reaction to those incidents.
Rather, he said it was the
Ministry's way of ensuring the
LPG industry maintains the
same standards and safety levels
as other professions, including
the Electrical Licensees, and the
plumbing license. Both require
oral and practical testing to
ensure there is an even greater
level of public safety and


LEGAL NOTICE


NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT
(No. 45 of 2000)

AIRCRAFT LEASING ADMINISTRATION,
SERVICES INC.
Notice is hereby given that in accordance with Section 137 (8)
of the Bahamas International Business Companies Act, No. 45
of 2000, the Dissolution of AIRCRAFT LEASING
ADMINISTRATION SERVICES INC. has been completed,
a Certificate of Dissolution has been issued and the Company
has'therefore been struck off the Register. The date of completion
of the dissolution was the 23rd day of May, 2006.


Abdic Maanfio rtlfot
SGLBAL TRADE CONSULTANTS LIMITED
Liquidator


S JEWELRY STORE MANAGERS
Discover a rewarding and challenging
career catering to the
Country visitors in the exciting
retail jewelry business
Do You Have What it takes?
ARE YOU...
Confident? A Leader? Self Motivated?
If your Answer is YES then take the next step
FAX LETTER TO 326 1747
OR
CALL: 328 4475
Salary Opportunity Commensurate with Experience &
Qualification






NURSING CAREER



Plastic Surgery office is seeking a full time


REGISTERED

NURSE.

Great benefits; including assistance in
funding for Specialized training.

Interested persons please fax resume to

,328-6479 or call 356-3189
for further information.


accountability in this industry.
"We felt we needed to bring
it in line," Mr King said of LPG.
While he said there was some
level of consultation with the
industry, Mr King said that in
imposing the new criteria, they
relied more on various US stan-
dards and their understanding
of the Bahamian industry.
Still, Mr King said the infor-
mation was nothing that should
come as a "total" surprise to
anyone in the LPG industry.
BTVI had been informing all
its students about the proposed
changes for a while.
Mr King explained that the
new criteria was not retroactive,
and will only apply to those per-
sons who are not currently cer-
tified.
However, he was confident
that the new requirements
would not pose "any unreason-
able challenges" to persons who
are qualified in the field. as the
information required is the
same material which they would
need to learn for the written
exam.
Mr King added that persons
wishing to become certified
should get a notarised letter
outlining their experience under
a qualified practitioner, and
contact the Ministry of Works
before the deadline.


LAMPKIN & COMPANY

Insurance Brokers & Benefit Consultants Ltd.

s : : ... .


Please be advised that Mr. Vincent Knowles is no

longer affiliated with Lampkin & Company and is

not authorized to conduct business on the company's

behalf. Furthermore, Mr. Vincent Knowles can no

longer be reached at our office.







Lampkin
COmpany
Insuram r T 1, B nrr i (ottnrttult;ntrs ltdi.


1:



R'a
* I.

i.:


:JI


I.,-










4.1
'ti
3r'4

~'hi


991 5 ana 999. Tor me construction oT me Clevelana dneas r'nmary,:
School, the Sadie Curtis Primary School and the C.W. Saunders
Highway located in the Pinewood Gardens, Nassau Village and
Sea Breeze area that an assessment of said land is now being,:
considered by the Supreme Court pursuant to section 15 of the '
Acquisition of Land Act (ch 252),.

All Claimants are required to immediately comply with the Ruling
and Orders given by the Honourable Mr. Justice Lyons, Justice of
the Supreme Court issued on 1st May, 2006 in Civil Actions
CLE/qui/00262/2004 and CLE/gen/01665/2001.

A copy of the said Ruling and Orders can be obtained from the
Office of The Attorney General, Post Office Building 3rd Floor, East
Hill Street, Nassau, The Bahamas during normal working hours.


All claimants are further advised that the Honourable Mr. Justice
Lyons, Justice of the Supreme Court will conduct a prehearing/case.
management hearing on Friday the 14th day of July, A.D. 2006 at
9:30am at the Supreme Court Registry, Ansbacher Building, East
Street North.

Dated this 15th day of May A.D., 2006
Signed
Attorney General







THE TRIBUNE


PAQE 6B, TUESDAY, JUNE 6, 2006


Developer plans Andros resort


apparently two Bahamian fam-
ilies, the Campbells and the
Storrs.
Andros Isle Development
Corp said it aimed to move for-
ward with the development,
and said it owned 99 per cent
of the project, the previous
agreement with the Camp-
bell/Storr project having giv-
en it just a 40 per cent stake.
However, the developers


LEGAL NOTICE OF DISSOLUTION

S International Business Companies Act
(No. 45 of 2000)
0-lo
In Voluntary Liquidation

,4 Notice is hereby given that in accordance with
action 138 (4) of the International Business Companies
,;t, (No. 45 of 2000), PAN ASIA CONSULTANTS AND
t FADING LTD., is in dissolution. LARICH LIMITED is
the Liquidator and can be contacted at Suite 1505-6, Albion
.Plaza, 2-6 Granville Road, Tsimshatsui, Kowloon, Hong
'Kong. All persons having claims against the above-named
:company are required to send their names, addresses and
:particulars of their debts or claims to the Liquidator before
the 1st day of July, 2006.


SSigned:






COMMONWEALTH OF THE BAHAMAS 2006/CLE/equi/
SI SUPREME COURT
E uity Side

I IN THE MATTER OF ALL THAT piece
, parcel or tract of land containing One Hundred
and Sixteen and Ninety-nine Thousandths
To-(116.099) acres situate on Eastern side of the
Eleuthera Main highway approximatley 3.6
miles Southeastward of the Settlement of James
'Cistern and approximately 7.5 miles
Northwestward of the settlement of Governor's
Harbour on the Island of Eleuthera one of the
SIslands of the Commonwealth of the Bahamas
and bounded North Westwardly by, land said to
be the property of the late London Johnson and
Stunning theron Qne, Thousand Nine Hundred
and Thirty-six and Fifty-eight Hundredths
S(1936.58) Feet Northeastwardly and Eastwardly
Sby the sea by high water mark (the Atlantic
Ocean) and running thereon Three Thousand
Two Hundred and sixty-three and Twenty-one
SHundredths (3,263.21) Feet Southeastwardly
by land the property of Eleuthera Adventures
Limited and running there on One Thousand
S Five Hundred and Forty-four and Eleven
Hundredths (1544.11) Feet Southeastwardly
and westwardly by the Eleuthera Main Highway
and running thereon Fourthousand One Hundred
and Four and Sixty-seven Hundredths (4,104.67)
Feet.
AND

% iN THE MATTER OF the Quieting Titles Act 1959

\AND
IN THE MATTER OF the Petition of
T & R DEVELOPERS LTD.

ALL THAT piece parcel or lot of land contain One
Hundred and Sixteen and Ninety-nine Thousandths
S(116.099) acres situate on Eleuthera Main Highway
in the Island of Eleuthera one of the Islands in the
Commonwealth of the Bahamas as described on the
Plan at Department of Lands and Surveys. The
SPetitioner, T & R DEVELOPERS LTD. Claims to
Sbe the Owner of the fee simple estate in possession
of the said lot of land hereinbefore described and
Petition has made application to the Supreme Court
of the Comronwealth of the Bahamas under Section
j 3 of the Quiting Titles Act, 1959 to have it's title
to the said land investigated and the nature and
extend thereof determined and declared in a
SCertificate of Title to be granted by the Court in
Accordance with the provision of the said Act.
Copies of the field plan may be inspected during
normal office hours at:

a. The Registry of the Supreme Court,
Ansbacher Building, Bank Lane, Nassau
5 Bahamas;
b. The Chambers of Douglas Sands &
Associates, Columbus House, 2nd Floor,
East & Shirley Streets, P.O.Box N-8566,
c Nassau, Bahamas;
c. The Administrator's Office at Governor's
Harbour Eleuthera during normal office
hours.

Notice is hereby given that any person having
, Dower or right to dower or any adverse claim not
;econized in the Petition shall before the expiration
of thirty (30) days of the receipt of this notice file
mn the registry of the Supreme Court and serve on
She undersigned statement of such claim. Failure of
amy such person to file and serve a settlement of
such claim within (30) days of the receipt of this
SNotice will operate as bar to such claim.

DOUGLAS SANDS & ASSOCIATES, LTD


have yet to file their plans with
the Investments Board, Min-
istry of Financial Services and
the Government. This indi-
cates they are some way from
agreeing a Heads of Agree-
ment with the Government
and obtaining a formal go-
ahead, since it seems negotia-
tions have not yet begun.
According to Andros Isle
Development Corp, the pro-
ject will feature a 120-room


luxury hotel; 80-slip marina
capable of accommodating ves-
sels 100-feet in length; 60 mari-
na harbour townhouses; cham-
pionship golf course with club-
house and retail shopping cen-
tre; 200 condos with ocean and
golf course views; and a small
residential community.
Andros Isle Development
Corp did not return The Tri-
bune's call seeking comment
yesterday. It is unclear who the


LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No. 45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act, (No. 45
of 2000), SHERWOOD DEVELOPMENT LTD., is in
dissolution. PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD., is the Liquidator and can be contacted at
Winterbotham Place, Marlborough & Queen Streets, P.O. Box
N-10429. All persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the
1st day of July, 2006.


Signed PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.
Liquidator


FROM page 3B

me nnad signed the deal to
provonally acquire the land
located just south of Morgan's
Bluff.
In a statement, Andros Isle
Development Corp said the
structure of the investment
consortium had changed, the
firm, having "cancelled" its
development agreement with
n "


principals and financiers
behind the company are.
The development, if it ever
proceeds, could become the
Government's so-called anchor
property for north Andros, an
area that would do with an
influx of foreign direct invest-
ment. Currently, the main pro-
ject for the island has been the
Chub Cay development in the
Berry Islands.
Yet the project is likely to
spark concerns that a prime
piece of Bahamian real estate
is being sold to developers,
with public access denied for
ever.
Andros Isle Development
Corp has also inked a joint
venture agreement with Inver-


FROM page 3B

industrial building.
Yet it is unclear yet whether
Mr Babak has what it takes to
drive Freeport and Grand
Bahama forward, and whether
his previousbusiness experience
will stand him in good stead.
Knowledge and involvement in
Grand Bahama will be a plus,
though.
Freeport Concrete has not
been a roaring success since it
went public in 2001, its accumu-
lated deficit at the end of the
2005 financial year on August
31, 2005, standing at $3.386 mil-
lion. Results, though, have
improved since then during the


S.


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Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act, (No. 45
of 2000), ZICO LIMITED., is in dissolution ,,.
PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD., is the Liquidator and can be contacted at 5
Winterbotham Place, Marlborough & Queen Streets, P.O. Box
N-10429. All persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the '
1st day of July, 2006.


Signed: PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.
Lquidator


siones Turia to give it a stake
in the planned $350 million Las
Arenas Blancas Beach resort'
project in the Dominican,.:
Republic.
The Las Arenas Resort com-
plex will include a luxury five-
star hotel and spa with a 1,500-
square-metre casino, 14 luxury
ocean view villas, a golf club
with a 27-hole championship
golf course, and a full-service
marina with 44 slips for up to
80-foot yachts.
In addition to the luxury
resort, the Las Arenas Blan-.
cas development will also
include a residential commu-,,
nity with a country club and
200 houses with views to the,
golf course and the beaches.




first half of 2006.
And the Premier Real Estate
fund also came in for criticism,
with rivals claiming that the
offering memorandum failed td'
disclose that two properties itV
was seeking to acquire (the deal
subsequently fell through)',
belonged to a company John S''
George Mr Babak was seeking;
to acquire via Freeport Con-'-
crete. That deal also fell:
through. ec
But whatever happened in the '
past, it is important Mr Babak
succeed in the present. Not just
for him, but for Freeport and.
Grand Bahama.


LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
INo. 45 of 2000)

In Voluntary) Liquidation


LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No. 45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act, (No. 45 of
2000), ROSFIELD INVEST LTD., is in dissolution.
PANAMERICAN MANAGEMENT SERVICES (BAHAMAS)
LTD., is the Liquidator and can be contacted at Winterbotham
Place, Marlborough & Queen Streets, P.O. Box N-10429. All
persons having claims against the above-named company are
required to send their names, addresses and particulars of their
debts or claims to the Liquidator before the 1st day of July, 2006.



Signed: PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.
Liquidator


Credit Suisse Wealth Management

Limited
Is presently considering applications for a


HEAD OF SALES
(Private Banking)

Credit Suisse Private Banking is one of the world's premier private banks. It is setting new standards that go
beyond traditional banking services. Our dedicated and highly qualified staff provides our clientele with comprehensive
solutions in individual investment counseling and professional portfolio management. Our total commitment is always
to our clients and we focus without compromise on their financial well-being and their personal values.

The position is open to candidates with the following minimum requirements:


ualifications:


Minimum 10 years well rounded investment banking experience geared toward the marketing and
sale of investment products and services in an aggressive trade oriented environment
Advising clients on investment opportunities in the global markets
Responsible for execution of client orders, monitor cash management and client portfolios
Manage a highly sophis ticated and trade oriented team of relationship managers
In-depth knowledge of international Money Market/Forex Exchange Trading/Treasuries/Emerging
Markets/Derivatives/Securities Operations/Execution, etc.
Strong risk management and portfolio management skills
Strong management and leadership skills
Well versed in Swiss banking practices and standards
PC Literacy (MS Word, Access, Excel) and Bloomberg experience
Fluent Portuguese and English


Duties:
The candidate will be expected to:
Manage a substantial clientele base of sophisticated ultra high net worth individuals
S Develop, recommend and ensure the implementation of the bank's marketing and sales strategy
Travel extensively to develop new client relationships
Monitor/evaluate the bank's position and oversee existing and prospective trading activities
Provide advice and guidance to dealers and traders engaged in treasury activities
S Supervise Provide sales support to relationship managers

PersonalQualities:
Excellent organizational and communication skills
Highly motivated with a commitment to service excellence
Degree (or equivalent) in Business Administration, Finance or Economics

Benefits provided include:
Competitive salary, performance bonus plus health and life Insurance

Applications should be submitted by fax to: (242) 302-6398
Or by mail to: Human Resources Department
P.O. Box N-4801
Nassau, Bahamas

DEADLINE FOR RECEIPT OF APPLICATIONS IS JUNE 2, 2006


__









TUESDAY, JUNE 6, 2006, PAGE 7B


TLL DD ~I I II.. I I lILJV.'L~ ___________________________


Insurer 'sheds'


risk


MOM page 1B


commensurate with the pre-
mium that the market current-
ly allows us to charge.
"As a consequence, our
property portfolio is not grow-
ingr'but I firmly believe that
managing our'exposures in this
way, is absolutely the right.
thing to do."
He added: "2006 has contin-
ued where 2005 left off, in
terms of incorrect pricing of
property insurance, but we are
confident that using exposure
management tools and effec-
tive reinsurance purchasing,
we will be able to continue to
lessen the volatility of our
result in what is clearly a very
volatile time for our industry."
ItoyalStar's move has to be
viewed in a global context, as
US: insurance companies with
high exposures in storm-prone
areas are reducing the number
of policies they are writing in
coastal zones likely to be hit
by storm surges.






To., a v etIs
-in The

Trib-ne

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property police


Post-Hurricanes Katrina and
Rita, Allstate, the US general
insurance carrier said it was
reducing its policies in effect
and writing in coastal regions,
and was not renewing 95,000
homeowners policies in Flori-
da.
Edward Liddy, Allstate's
chairman and chief executive,
said: "The size of loss and lev-
el of exposure is just unac-
ceptable to us. We just need
to get better, smarter and get
smaller in these high-risk areas.
We are going to do everything


we can to get smaller in these
coastal areas."
In addition to shedding high
risks, insurers elsewhere as
well as in the Bahamas have
also been seeking property
premium rate increases. In
Florida, State Farm Group last
month sought regulatory
approval for 71 per cent rises
for standard homeowners'
insurance, and 95.3 per cent
increases for manufactured
homes.
In the Bahamas, general
insurers need to purchase a


Queen's College
.... Iaf.l>t e.. 1 pe* l- w ,-. A


S Now accepting applications for teachers for September, 2006
for the following areas:

Early Learning Centre (Ages 3-5)
Classroom Teachers

High School (Grades 7-12)
Home Economics Teacher with the ability to offer a second subject
S(preferably English Language)


Applicants for the above mentioned post must have a minimum of a
Bachelor's Degree from a recognized University in the relevant subject
area and a Post-graduate Certificate in Education, or Teacher Certificate.
A certified copy of the relevant Degree and Teacher Certificate must
accompany the application. The names and relevant contact information
of at least two professional references should also be listed. Applications
from unqualified persons and or incomplete applications will not be
processed.

The person offered an appointment will be expected to make a commitment
to work in harmony with Christian principles and to support the emphases
of The Bahamas Conferences of The Methodist Church of which the school
is a part.

Queen's College was established in Nassau in 1890 by The Methodist
Church and is a member of the International Association of Methodist
Schools, Colleges and Universities (IAMSCU).

Application forms are available from the Human Resources Office at the
school or may be downloaded from our website www.qchenceforth.com.

The completed application together with a covering letter, a statement of
educational philosophy and a recent photograph must be sent to:

The Principal
Queen's College
P.O. Box N 7127
Nassau, Bahamas

Or faxed to 242-393-3248 or emailed to:dlynch@qchenceforth.com

Candidates who are short listed will be contacted by telephone, fax or
email for an interview.


huge amount of reinsurance
from the global reinsurance
industry, which suffered mas-
sive losses as a result of Katri-
na, Rita and Wilma-related
payouts in the US.
As a result, Bahamian prop-
erty insurance premiums had
to rise in order to compensate
reinsurers for their losses and
keep them interested in still
covering risks in this nation's
market.


Yet Bahamian carriers and
their reinsurers are likely to
now start segmenting the prop-
erty insurance market much
more than in the past, with
,properties located on the coast
charged a greater premium
because they are more at risk
from storm surges.
Franklyn Wilson, Royal-
Star's chairman, said that since
the company was purchased
from UK-based Royal & Sun


Alliance in 2002, it had sitf ':
fered losses before reinsurance'
of more than $240 million due
to Hurricanes Frances, Jeanne'.,
and Wilma in the Bahamas. In
addition, Hurricane Ivan had
hit the Cayman Islands; a
country where RoyalStar had
exposure.
Yet over that period, Mr
Wilson had pointed out that
RoyalStar had generated prof-
its of $8.442 million.


GOOD INVESTMENT OPPORTUNITY


STwo Story


APARTMENT COMPLEX
3,324 sq ft
Lot No. 15 Block No. 19 .
6,540 sq ft
Centerville Subdivision, Nassau
Comprising four apartment
units


-)



oO L/4 I
WIlNOING BAV
AOACO ,AHAMAS

Has two (2) vacancies for
Sales & Marketing Project Director:

-Responsible for onsite coordination of sales, sales
administration and market.
-Achievement of targeted sales volume and maintaining
inventory.

implement self employed
-Implementation of tour efficiency and building of strong
team values
-Forecast and budget annual sales targets.
-Ensure communication, between personnel and others
-Strong leadership skills
-Minimum 5 years marketing vacation ownership
-Minimum 5 years marketing in management of sales,
marketing and/ or administration
-College degree preffed, but not required.

I i i ii I I I ii II


high


I,
4
V


For conditions of the sale and any other information, please contact:
The Commercial Credit Collection Unit at: 502-0929 or 356-1608 Nassau, Bahamas
Interested persons should submit offers in w riding addressed to:
The Commercial Credit Collection Unit, P.O. Box N-7518. Nassau4.Aahamas
to reach us before June 15, 2006.
The right is reserved to reject any or all offers.




%C OSp4







PUBLIC HOSPITALS AUThORITY




FOUR (4) STAFFING OFFICERS 1,
CENTRAL STAFFING UNIT
One (1) Sandilands Rehabilitation Center
One (1) Grand Bahama Health Services
Applications are invited from suitably qualified individuals for the above positions in the
Public Hospitals Authority's three (3) health care institutions Princess Margaret, Sandilands
Rehabilitation Center and Grand Bahama Health Services.

Applicants must possess a Bachelors Degree in Management, Business Nursing or related
field and five (5) years post qualification experience. Must possess good computer skills.

The Staffing officer 1 will report to the Staffing Coordinator

JOB SUMMARY

Responsible for the daily operational management of the Central Staffing Unit (CSU)
and the monitoring of trends in staffing schedule.

DUTIES
1. Manages the operations of the staffing office for shift coverage on a shift to shift basis:-

a) Monitors and directs staffing in implementing the staffing plan
b) Assist in maintaining systems for clinical and administrative record keeping
to meet regulatory standards and to provide a basis for administrative action.
c) Reports to the Staffing Coordinator on trends in schedules and staffing practices
d) Refers all unresolved matters related to scheduling and staffing to the Staffing
Coordinator within twenty-four (24) hours.

2. Administers the automated staffing and scheduling system toensure that the policies
for the use of the staffing system are adhered to and monitors the quality of the data.
3. Updates and maintains, "Floaters" roster and assigns incenti E dwair points.,
4. Directs floaters and persons attached to the Central Staffing Unit for appropriate
coverage to. improve staffing based on patient census and acuity levels.
5. Liaises with Staffing personnel to ensure that all schedule changes are entered in the
system.
6. Liaises with Human Resources Department, Managers and Payrolls Department to
ensure accuracy of data.
7. Evaluates and prepares monthly reports for managers regarding staffing trends specific
to their department.
8. Assists the staffing Coordinator with units Scorecard bi-weekly reporting.
9. Prepares a quarterly report for Staffing Coordinator on trends highlighting achievements,
cost containment and best schedule practices.
10. Completes performance appraisal evaluation on all staff in the Unit and recommends
appropriate training to enhance productivity :- ..

Letters of application and curricula vitae should be submitted to the Director of Human
Resources, Public Hospitals Authority, P.O. Box N-8200, Nassau, Bahamas or Manx
Corporate Center, Dockendale House, West Bay Street. Employees of the Public Hospital
Authority must forward their application through their Department Head. Deadline for
submission of application is 15th June, 2006.


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THE TRIBUNE


PAGE 8B. TUESDAY, JUNE 6, 2006


FROM page 1B

targets for reducing the GFS
fiscal deficit a measurement


that strips out the costs of gov-
ernment debt redemption are
hugely dependent on revenue
increases, as recurrent public
spending is projected to con-


tinue its unchecked rise.
The Ministry of Finance said
of its projections: "The projec-
tions assume that recurrent
revenue will grow in 2007-2008
and 2008-2009 by 8 per cent in
each year, which is a little
above the growth rate of the
economy, because of the
expected increased revenue
buoyancy arising from the mas-
sive direct capital investment
inflow, and the coming on
stream of revenue administra-
tion enhancement measures.
"Recurrent expenditure is
assumed to grow incremental-
ly as in the recent past. Finally,
capital expenditure is assumed
to basically plateau."
The fact that the Govern-
ment is looking to curtail cap-
ital spending may surprise
some, as this is expenditure
related to public works and
infrastructure projects, such as
roads, schools and hospitals.
Recurrent spending is gener-
ally the area likely to be tar-
geted most for debt reduction
by governments, as this relates
to their fixed costs, not pro-
ductive activities.
However, the Ministry of
Finance said the projections
are based on the fact that joint
private/public financing will
meet the infrastructure needs
of investment projects being
constructed, with the develop-
ers meeting at least part of the
infrastructure costs.
While revenues are project-
ed to rise by 11.1 per cent in
the 2006-2007 fiscal year to .
$1.345 billion, the Government
is projecting that it will realise
8 per cent rises in the next two
Budget years, taking total rev-
enues to $1.455 billion and
$1.571 billion in 2007-2008 and
2008-2009 respectively.
The Government's projec-
tions assume that revenues will
increase at a faster rate than
recurrent spending, which is


'No provision is made in

the calculations for the

privatization of BTC and

Bahamasair. In the case of BTC,

privatization would provide a

capital inflow which would

enable reduction of government

debt. In the case of Bahamasair,

privatization could result in

a significant reduction in the

considerable capital transfers

made in the Budget

to Bahamasair.'


- Ministry of Finance statement


projected to grow by 6.4 per
cent in 2007-2008 and 6.8 per
cent in 2008-2009, striking
$1.475 billion and $1.575 bil-
lion respectively.
Fiscal hawks are likely to
feel that the Government will
not contain recurrent spend-
ing, which goes on fixed costs
such as salaries, rents and debt
servicing, to those targets. It is
coming in close to 2005-2006
Budget projections, though.
Therefore, to achieve its fis-
cal targets, the Government is
betting heavily that the vari-
ous foreign direct investment
projects it has approved will


come through, generating real
jobs and salaries that, in turn,
will lead to increased imports.
Many investment projects
are still in the more potential
than production stage, though,
with Kerzner International's
Phase III expansion on Par-
adise Island; the Abaco Club
on Winding Bay; the Bahamas
Film Studios; Chub Cay; and
Gerardo Capo's Bimini Bay
project having seen the major
progress.
And given that a number of
investments have lengthy
build-out phases lasting over
five to 10 years, their real ben-


efits may not be felt for some
years.
Meanwhile, the 2005-2006
Budget projections indicate
that the Government is likely
to hit one of its three key fiscal
targets, with revenues for the
current year pegged at 20.1 per
cent of GDP.
The target is for government
revenues to be equivalent't
at least 20 per cent of GDP,' in
order to finance a sufficient
-level of government service,.
For 2006-2007, this ratio is
predicted to be 20.9 per ceit,
rising to 21.2 per cent and 2 .7
per cent in 2007-2008 and
2008-2009.
And government debt as a
percentage of GDP is project-
ed to decline from its 38.4 per
cent high point this Budget
year to 37.9 per cent at year-
end 2006-2007, falling further
to 36 per cent by 2008-2009.
This, though, appears as if it
will largely be achieved by an
expanding GDP lowering the
ratio, rather than any sustairi~d.
debt reduction.
The Ministry of Finance
added: "No provision is made
in the calculations for the p -
vatisation of BTC h ad'
Bahamasair. /i
"In the case of BTC, priv ti,.
station would provide a capital
inflow which would enablek
reduction of government debt.
In the case of Bahamasair, pr
vatisation could result in a' ig'-
nificant reduction in the co~:-
siderable capital transfers.;
made in the Budget to
Bahamasair." 1 :
Prime Minister Perry
Christie said capital spending,-
was projected to increase 'jby
$10 million to $175 million in,'
2006-2007, largely due to
increased allocations f-r'"
Bahamasair, the Water & Se'w::.
erage Corporation,. and the,
Broadcasting Corporation of
the Bahamas. :


The Nassau Institute
&
The Atlas Economic Research Foundation

Invite you to a Symposium


Taking Small Nations

To Greatness:

Free Trade, Security and

Education


The Coral Ballroom,
Atlantis, Paradise Island
Friday, June 9,2006
9am to 5pm
$50 includes lunch

MORNING SESSIONS
Session 1 at 9am
Free Trade: FTAA and CSME,
Which Road to Prosperity and Freedom?
Brian Dean, Florida FTAA, Inc.
Brian Moree, Bahamas
Dr. David Lewis, Manchester Trade
Session 2 at 11am
The Challenge to Freedom in the Caribbean:
Cuba, Haiti and Venezuela
Stephen Johnson, Heritage Foundation
Anibal Romero, Simon Bolivar University, Venezuela
Hans Tippenhauer, Fondation Espoir, Haiti
LUNCHEON SPEAKER
Lunch at 1pm
Francisco Flores, former president of El Salvador
AFTERNOON SESSION
Session 3 at 2:45pm
Empowering the Young: Inspiring Noble Purpose
through Entrepreneurship and Character
Eduardo Marty, Junior Achievement International
Dr. Kimon Sargeant, John Templeton Foundation
Barrie Farrington, Bahamas
Cristina Burelli, Alliance for the Family


al: 24205 r 26578 ordeais ndreeratos
orvs it w .nas. sitt.coS


EDUCATION?


Register For Pre-School,
Kindergarten, & Grade 1-6

Success Academy Offers:

*After School Care & Homework Supervision*
*Tutoring In Math & Language Arts*

*Dance Classes*
Ballet, Modern Dance, Tap, Gymnastics

All Classes In Central Air!!!
(Snacks Available For Purchase)


^^Location: Rosetta Street


.,- H \0SP






PUBLIC HOSPITALS AUTHORITY

VACANCIES

TWELVE (12) TRAINEE STAFFING
OFFICERS, CENTRAL STAFFING UNIT
Four (4) Princess Margaret Hospital
Four (4) Sandilands Rehabilitation Center
Four (4) Grand Bahama Health Services
Applications are invited from suitably qualified individuals for the above
positions in the Public Hospitals Authority's three (3) health care institutions
Princess Margaret, Sandilands Rehabilitation Center and Grand Bahama Health
Services.
Applicants must possess a Bachelors Degree in Management, Business Nursing
or related field which basic computer skills..
The Trainee Staffing officer will report to the Staffing Coordinator
JOB SUMMARY
Assists Staffing Officers in monitoring the trends in staffing schedules to
ensure maintained productivity.
DUTIES
1. Enters monthly staffing schedules into the AcuStaf system.

2. Updates changes to staffing schedules on shift basis affected by:
Patient census
Staff absences and even exchange shifts
Floating and allocation of relief pool staff

3. Receives calls and messages related to staffing changes.
4. Reports all unresolved matters related to scheduling and staffing to the
Staffing Officers or Coordinator within twenty-four (24) hours.
5. Assists Staffing Officers in identifying trends in scheduling.
6. Assists in the training and monitoring of clerks in data entry.
Letters of application and curricula vitae should be submitted to the Director
of Human Resources, Public Hospitals Authority, P.O. Box N-8200, Nassau,
Bahamas or Manx Corporate Center, Dockendale House, West Bay Street.
Employees of the Public Hospital Authority must forward their application
through their Department Head. Deadline for submission of application is 15th
June, 2006.


_ _I


Government bets on 8%0




revenue increases


_ __ __







TUESDAY, JUNE 6, 2006, PAGE "I


THE TRIBUNE


Bill 'raises the bar on



corporate governance'


FROM page 1B

people will be less likely to treat
! axes as a "gift" and allow them
Io accumulate unpaid over the
;ears. ,'
-What the Bill basically does
is that it raises the bar on cor-
porate governance, as it impos-
es on the directors the obliga-
ion to ensure taxes are paid by
:he company," Mr Smith said.
Rather than "treating taxes
as a gjft; they should have been
paid on an annual basis, not
.illo ed to accumulate for
Ivi. Smith said: "It's also a sig-
nal i 'the Board of Directors
that yoii have to treat tax oblig-
'io1, -like any other obliga-
tio ......


"The Board has, in terms of
good corporate governance, to
settle all outstanding bills."
Describing it as a revenue
enhancing measure to further
improve tax administration,
Prime Minister Perry Christie
said during the Budget debate
that the Bill would require
changes to the Business
Licence Act, Hotels Act,
National Insurance Act, Com-
panies Act, Casino Tax Act
and Passenger Tax Act.
The Prime Minister said:
"The Government will move
amendments to existing legis-
lalion to secure the collection
ol revenue due to government
when a business ceases oper-
ating, or when a business
undertakes a change in equity


LEGAI0NOTICE


NOTICE


FRANKLIN TEMPLETON
FIDUCIARY BANK & TRUST LTD.


N TWICE IS HEREBY GIVEN that an
Extraordinary General Meeting of the
Sh reholders of FRANKLIN TEMPLETON
FIDUCIARY BANK & TRUST LTD. is
hefeby called to be held at the Registered Office
of'he Company, Templeton Building, Lyford
Cay, New Providence, The Bahamas on
M9Ilday, the 3rd day of July 2006 at 10:00
o'clock in the forenoon.

Tieobjeit and purpose of said meeting is to
have laid before the Shareholders of the
Company the accounts of the Liquidator, MRS.
.JEAN GOMEZ, showing the manner in which
thde winding up of the COnlmllny has been
conducted, the property of the Company
distributed and t!,he dbts and obligations of the
Company dii' i argued anmd also to hear any
explanalion that may be given by the said
I jquidatej

Dated the 1,st day of June, 2006.

SMRS. JEAN GONIEZ
LIQUIDATOR
of .
FRANKLIN TEMPLETON FIDUCIARY
BANK & TRUST LTD.
(In Voluntary Liquidation)





,rLoram
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ownership, or when the busi-
ness is sold."
Mr Smith told The Tribune
that in the case of Bahamian
companies that became insol-
vent and went into liquidation,
with liabilities exceeding assets,
the Bill would place the Gov-
ernment "somewhere legally in
the line of creditors" that had to
'be paid if outstanding taxes
were owed.
SHe explained that if a liq-
uidator recovered $0.50 of every
$1 owed to creditors, then the
IGovernment would also receive
$0.50 of every $1 in taxes it was
owed.
The Bill, Mr Smith said, was
designed to make company
directors the issue of unpaid
taxes and fees "won't go away"
even in the event of a liquida-
tion.
SHe added that the proposed
legislation was also a "signal to
auditors" to flag up in a com-
pany's annual accounts if it had
unpaid taxes for that financial
year.
The Bill makes the officers
or directors of companies
being sold or closed "person-
ally liable for the unpaid debt"
owed to the Government. And
the debt owed "shall be and
remain a first charge upon the
business or company for so
long as any such amount
remains due"
That last sentence seems to
imply that the Government


could even be a preferred cred-
itor first in the queue in the
case of companies that are
insolvent or ceasing operations.
That may not go down well
with the banking and financ-
ing community.
In addition, under the Bill
officers and directors who fail
to comply, and are found
guilty, will be fined $1,000, sen-
tenced to three months in
prison, or suffer both fates.
They will be then ordered to
pay a sum equivalent to twice
the amount of tax owed.
Mr Smith said, though, that
the Bill did not apply to unpaid
utility bills owed to public cor-
porations such as the Bahamas
Electricity Corporation (BEC),
or to unpaid National Insurance
Board (NIB) contributions that
firms were supposed to make
on their employees' behalf.
And the minister added that
the Bill was also "designed to
capture" transactions where the
purchaser of a company or its
majority shareholding agreed
to assume its debts and liabili-
ties, including unpaid taxes.
Mr Smith pointed out that if a
buyer agreed to assume unpaid
tax liabilities, it would reduce
the purchase price offered to
the seller.
The seller would then be
faced with either settling the tax
liabilities themselves and get-
ting a higher purchase price, or
accepting a lower price.


Legal Notice

NOTICE

FRANZ INVESTMENTS LTD.

NOTICE IS HEREBY GIVEN that at an Extraordinary General
Meeting of the Shareholder of the above-named Company duly
convened and held on the Thirtieth day of May, 2006 the following
resolutions were passed: ,
RESOLVED that FRANZ INVESTMENTS LTD. be
wound utp voluntarily.
RESOLVE) lhai LYNDEN MAYCOCK be appointed
tle tiqUnidto >OW t ie purpl)(e of such winding up.
Dated the Thirtieth day of May. 2006.

Franklin Templeton Fiduciary Bank & Trust Ltd
Registered Office
for the above-named Company


Legal Notice

NOTICE

SFRANKTON MANAGEMENT LTD.

*NOTICE IS HEREBY GIVEN that at an Extraordinary General
Meeting of the Shareholder of the above-named Company duly
convened and held on the Thirtieth day of May, 2006 the following
resolutions were passed:
RESOLVED that FR ANKTON MANAGEMENT
LTD. be wound up voluntarily.
RESOLVED that LYNDEN MAYCOCK be appointed
the Liquidator for the purpose ol such winding up.

Dated the Thirtieth day of May, 2006.
Franklin Templeton Fiduciary Bank & Trust Ltd
Registered Office
for the above-named Company










WINaoNt BAY
A8ACO. lAt4AMA^

Has two (2) vacancies for
Membership sales Executives:

-Exccptional.written and verbal communication skills,
organization skills
-Exceptional Telephone skills
-Public speaking preferred
-Ability to demonstrate strong relationship sales capability
-Abilitb to interface professionally with all members
of staff
-Generation and execution of an annual business plan
-Self generation of buisness through referrals and other
personal contacts
-Exceptional skills in long range guest relaional maintenance
-Use of tracking system for effective follow up andcustomer
purchase sequence
-College degree preferred


COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT
Common Law and Equity Division


2006
CLE/qui/No. 00320


IN THE MATTER OF ALL THAT piece parcel or lot of
land comprising 2,502 square feet and situate at the
northern side of Rodger's Corner and the western side
of Baillou Hill Road in the city of Nassau in the Island of
New Providence, one of the Islands of The Commonwealth
Of The Bahamas
AND

IN THE MATTER of the Quieting Titles Act of 1959
AND
IN THE MATTER of the Petition of Benjamin John

NOTICE OF PETITION
Pursuant to an Order of The Supreme Court dated the 3rd day of
May, A.D. 2006.
The Petition of Benjamin John of Cowpen Road, in the
Southern District of New Providence one of the Islands of The
Commonwealth Of The Bahamas showeth in respect of:
ALL THAT piece parcel or lot of land comprising
2,502 square feet and situate on the northern
side of Rodger's Corner and the western side of
Baillou Hill Road in the City of Nassau, New
Providence one of the Islands of The
Commonwealth Of The Bahamas and bounded
on the north by land the property of Barbara
Campbell and running thereon One Hundred and
Two ahd Twenty-eight hundredth (102.28) feet
and on the east by Baillou Hill Road and running
thereon Twenty Four and Sixty hundredth (24.60)
feet and on the south by Rodger's Corner and
running thereon One Hundred and One and
Twenty-two hundredth (101.22) feet and on the
west by land the property of Eloise Russell and
running thereon Twenty Four and Sixty hundredth
(24.60) feet.
The Petitioner, Benjamin John, herein claims to be the
owner in fee simple in possession of the said piece of land and
has made application to The Supreme Court Of The Commonwealth
Of The Bahamas under Section 3 of the Quieting Titles Act 1959
to have his title to the said piece of land investigated and the nature
and extent thereof determined and declared in a Certificate Of Title
to be granted by the Court in accordance with the provisions of
that Act.
Copies of the Plan showing the position boundaries shape
marks and dimensions of the said piece of land may be inspected
during normal office hours at the following places.
(a) The Registry of The Supreme Court, 2nd Floor,
Ansbacher Building, East Street North, Nassau,
Bahamas.

(b) The Chambers of Joseph C. Le6de, Suite No. 6,
Grosvenor Close, Shirley Street, Nassau, Bahamas.
Notice is hereby given that any person having Dower or
right to Dower or an Adverse Claim not recognized in the Petition
shall on or before the expiration of Thirty (30) days after the finai
publication of these presents file at the said Registry of The Supren e
Court, and serve on the Petitioner or on the undersigned a Statement
of his/her Claim in the prescribed form verified by an Affidavit to
be filed therewith.
Failure of any such person to file and serve a Statement
of his/her Claim on or before the expiration of Thirty (30) days after
the final publication of these presents shall operate as a bar to
such claim.
JOSEPH C. LEDEE, ESQ.
Chambers
Suite No. 6, Grosvenor Close
Shirley Street
Nassau, Bahamas.
Attorney for the Petitioner



Legal Notice

NOTICE

FTF NOMINEES LTD.

NOTICE IS HEREBY GIVEN that at an Extraordinary General
Meeting of the Shareholder of the above-named Company duly
convened and held on the Thirtieth day of May, 2006 the following
resolutions were passed:
RESOLVED that FTF NOMINEES LTD. be
wound up voluntarily.
RESOLVED that LYNDEN MAYCOCK be appointed
the Liquidator for the purpose of such winding up.

Dated the Thirtieth day of May, 2006.
Franklin Templeton Fiduciary Bank & Trust Ltd
Registered Office
for the above-named Company



Legal Notice

NOTICE

BENTON NOMINEES LTD.

NOTICE IS HEREBY GIVEN that at an Extraordinary General
Meeting of the Shareholder of the above-named Company duly
convened and held on the Thirtieth day of May, 2006 the following
resolutions were passed:
RESOLVED that BENTON NOMINEES LTD. be
wound up voluntarily.


RESOLVED that LYNDEN MAYCOCK be appointed
the Liquidator for the purpose of such winding up.

Dated the Thirtieth day of May, 2006.
Franklin Templeton Fiduciary Bank & Trust Ltd
Registered Office
for the above-named Company


'~ 'I .:;Y-YIIIY~iYYII~l-~BUSINESS


-1


.i:!







TRIBUNE SPORTS


PAGE 10B, TUESDAY, JUNE 6, 2006


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Available from Commercial News Provides


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NOTICE
NOTICE is hereby given that GIBSON RAPHAEL,HAMPTON
ST OFF WULFF RD, NASSAU, BAHAMAS, 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 6TH day of JUNE, 2006 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.




NOTICE
NOTICE is hereby given that SARON MANEKA NEWBOLD
OF HOMESTEAD STREET, GRANTS TOWN, BAHAMAS,
P.O. BOX GT 2660 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 29TH day of MAY,
2006 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that FRANCOIS WILLY, #11 KEMP
ROAD, NASSAU, BAHAMAS, 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 30TH day of MAY, 2006 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.



NOTICE
NOTICE is hereby given that JACQUELINE PHILIPPE, OF
BARCARDI ROAD, NASSAU, BAHAMAS 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 27TH day of MAY, 2006 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.


. ri
- a


OLYMPIC


PG Boo SS h255, NASSAU, BAHAMAS Id I (24) 322 1595


PRESIDENT
H. E. Arlington Buller KMCMG..P.,D.LC.
VICE-PRESIDENT.
Sir Durwad Knowles, O.B.EI
Rev. A.Enoch Backford II, B.Sc,.B.Ed.
Harcoun M. Rolle
Leonard Archer
Roscow A.L. Davis, B.S., M.B.A
Wellington Miller
TREASURE
C.Vincent Wallac-Whitfield, LLB.,L.E.C
ASSISTANT TREASURES
S.Dianne Miller
SECRETARY GENERAL
Lawrence Davis. B.Sc..Ph.D
ASSISTANT SECRETARY GENERAL
B. Livingstone Bostwick
FAX:! (242)322- 1195
E-MAIL:nocbaHllcoralwav.coll


19th ANNUAL OLYMPIC HEALTH DAY
5 MILE RACE
WHEELCHAIR AND HEALTH WALK
7:00a.m., Saturday 24th June, 2006


*T-shirts for all participants
* Trophies For all categories
* IOC Certificates all finishers
* Health Breakfast


Run Route: Starts Q.E. Sports
Center, Nassau Street, Bay Street,
P.I.Bridge, Ends Native Crafts
Market On Paradise Island.


ENTRY FEE: School Children: FREE


CATEGORIES.
Male: Under 19, 20-29, 30-39, 40-49,50+
Female: Underl9, 20-29, 30-39, 40-49, 50+
Children And Group Awards


WHEELCHAIR AND HEALTH WALK:
Starts Fort Montagu,West on Shirle Street
to Church Street, P.I. Bridge to the
Crafts Market


Adults:$10.00


Entry Form
Olympic Day 5 Mile Race And Health Walk
Drop off ENTRY FORM at the BOA Office. Building #10, 7th Terrace West of Collins Avenue,
P.O.Box Ss-6250, Tel: 322-1595, Fax: 322-1195, E-mail:nocbah@coralwave.com
Name (Last): (Firsi):
Age: Date of Birth: SEX: M F Affiliation:


Event:


5 Mile Run


Wheelchair


Health Walk


Liability Waiver: In consideration of your accepting this entry, I, intending to be legally bound
hereby for myself, my heirs, executors and administrators waive and release any and all rights and claims
of damage I may have against the Bahamas Olympic Association and/ Or its successors and assigns for
all injuries or other eventually sustained by me in this event. I agree to abide by the decisions of the
organizers and medical advisers.


Signature Of Applicant


Parent/Guardian if under 18 years age


a


a


S


I


r


-


BA.,


P.O. Box SS- 6250, NASSAU. BAHAMAS


Tel: I (242) 322- 1595


a










TRIBi"E SPORTS


TUESDAY, JUNE 6, 2006, PAGE 11B


SPOT


Golfers compete




for a place in




national team


By BRENT STUBBS
Senior Sports Reporter
THE Bahamas Golf Federa-
tion put one half of its national
team for the Caribbean Ama-
leur Golf Championships
together over the weekend in
Grand Bahama.
Playing 72 holes over a four-
day period at the Lucayan Golf
Course, the federation selected
the fiist-four of six players on
the Hoerman Cup team (mid-
amateurs), one on the Ramon
Baez Cup (regulars), one on the
Francis/Steele-Perkins Cup
senior'r), one on the Higgs and
Higgs-Gup (super seniors) and
two on the George Teale Cup
(ladies).
At th*'end of the trials, the
followiniplayers earned their
spots on e team that will trav-
el to Jamaica for the CAGC


from July 30 to August 6:
Hoerman Cup Orien But-
ler with a 295; Edric 'Drips'
Poitier, with a 298; Chris Harris,
298 and Scott McDougall, 309.
Ramon Baez Cup Peter
McIntosh, with a 312.
Francis/Steele-Perkins Cup -
Vernon Wells, with a 306.
Higgs and Higgs Cup Prince
'Zerro' Stubbs, with a 310.
George Teale Cup Geor-
gette Rolle, with a 305, and
Sandy McDougall, with 327.
The remainder of the team
will be selected at the Bahamas
National Amateur Open Cham-
pionships that will be held at
the Lucaya Golf Club from July
7-10.
Tournament director Calvin
Cooper said that except for the
final day of competition, which
was delayed for about 45 min-
utes on Monday, the weather


was very good.
"The scores were very good, I
would think," he said. "We had
three people who broke the
magic number of 300. It would
have been good to see them
break par, which is 288. That
would have been even better."
Cooper said for the most part,
the tournament went without
any hitches and he is looking
forward to the nationals when
the final team is selected.
Federation president Agatha
Delancy will travel as the team
administrator at the CAGC.
The coaches will be Emalcus
Hield and Zack Filder of the
Jim McLean Golf School.
Once the final team is select-
ed, Cooper said he expect that
the training will go into full
swing in preparation for the
team's travel to Jamaica.


Barron Musgrove




triumphs again at



Pineapple Festival


l* By BRENT STUBBS
Senior Sports Reporter
FOR the third time in the
six-year history of thc Pineap-
ple Festival. Barron 'Turbo'
Musgrove has returned from
Eleuthera \%ih the cycling
title.
Over the weekend, Mus-
grove regained the title he
first %von,in 2001 and again in
2003 by winning the race over
a strong field of junior com-
petiors.
While. Mugro\e clinched
the title, youthful Kevin
Richardson came in second
ahead ot veteran Sam 'Iron-
man' Brown in the overall
division.
Richardson, one of the top
junior cyclists, also claimed
the 17-and-over boys divi-
sional'title. He beat out
Elisha Kno\wles and Deange-
1o Stirrup in that order.
In the '4-and-under boys
di ision. Yorkell Bain won
o er his brother. Yelsin Baini.
coming in third was Antho-
ny Colebrooke and Tres
Snit'li wa fourth with
CNiitopher Blyden was fifth.
En anuel' Johnson was
if d in the 12-and-under
boys'division, Justin Minnis
w's first, while T Thompson
fr om Eleuthera was second.
OT ere was also a Masters
category, with Sam Brown
wApp.ng the'title. George
Siith won the senior masters
title. Musgrove won the
sni:r, category as well.
The; majority of the top
sep0l cyclists didn't make the
trip to Eleuthera, but Mus-
aro' e said there were more
thnp enough juniors who
iaeup the field.
T'he whole thing was cen-
terel around continuing to
promote the' sport in
Eleuthera along with the fes-
ti.p', Musgrove said. "We
wlrq happy to See more of
thipuhg people competing.
qpg *


* BARRON Musgrove

"We were even more hap-
py that we had some more
competitors from Eleuthera,
who participated. We just
hope that as we continue to
go back, that we will get more
and more competitors to
come out."
After winning the initial


race, John Cox took the sec-
ond before Musgrove
reclaimed it. He was followed
by David Bell and last year,
Lee Farmer took the crown.
While Farmer did not
defend his crown, Musgrove
came back and regained the
title.


.".W..A.
- ,.

* FROM left to right: Nelson Ranger(Vice President), Chris Lewis (Secretary), Glenn Pratt (Pres-
ident), Charles Saunders (Past President), Jimmy Delancey (Co-Captain) and Keno Turnquest
(Member).


Professional golfers choose


new executive committee


On Saturday, May 20, 2006
the Bahamas Professional
Golfers Association held its
annual general meeting and
election of officers for the exec-
utive committee at the Wynd-
ham Nassau Resort.
The executive committee of
the Bahamas Professional
Golfers Association which was
voted for by the members is as
follows:
President-Elect Glenn Pratt
Vice President (Unopposed)


- Nelson Ranger
Secretary (Unopposed) -
Chris Lewis
Treasurer (Unopposed) -
Richard Gibson
Co-Captain (Unopposed) -
Jimmy Delancey
Glenn Pratt defeated Charles
Saunders in a closely contested
election.
There was an 18-hole shoot-
out prior to the meeting at, the
Cable Beach Resorts Golf Club
with Jimmy Delancey carding


a 68 for the low round, followed
by Keno Turnquest with a score
of 71 and closely trailed by Nel-
son Ranger with a 73.
With the Executive Commit-
tee in place, the Bahamas Pro-
fessional Golfers Association
looks forward to furthering the
game of golf through its pro-
gramme for professional golf
development throughout the
country by setting the pace as
the leaders in golf.


32 teams compete in



baseball tournament



at holiday weekend


* By RENALDO DORSETT
Sports Reporter
THE holiday weekend pro-
vided an opportunity for young
and upcoming baseball players
throughout the country to
showcase their talents.
At the 4th Annual Bahamas
Baseball Federation's Junior
Nationals, players produced vir-
tually every type of finish imag-
inable, including keenly con-
tested defensive struggles.
Over 32 team throughout the
country competed for island
and team bragging rights in 6
divisions.
The four-day tournament cul-
.minated in the under 20 cham-
pionship, in the marquee match
up of the weekend between
Freedom Farm and the contin-
gent from the Grand Bahama
Amateur Baseball Association.
For the fourth consecutive
year Freedom Farm captured
the title in the top division, with-
standing a 7th inning charge, to
hold on for the 5-3 win.
The first three innings
became a defensive exhibition,
as each teams' exceptional
infield play allowed just one
base runner to reach scoring
position.
Powered by MVP Albert
Cartwright's clutch hitting and
adept base running, Freedom
Farm was able to break the
scoreless tie and get on the
board late in the 3rd inning.
While Freedom Farm began
to key in on Grand Bahama
pitcher Remon Grant, errors
attempting to pick off base run-
ners ultimately led to the two-
run deficit.
"At the beginning of the
game I knew they would be
throwing over trying to pick off
a lot so I just took good leads N
and tried to make something
happen," Cartwright said, "But
I was confident we would even-


tually.get out the big bats and
play our game and it led to the
win."
Grand Bahama rallied in the
bottom top of the fourth with a
2RBI double by second base-
man Stephen Martin that was
inches away from clearing the
fence in left field.
With the score tied at two
and momentum shifting to
Grand Bahama, Cartwright
would again come up big for
Freedom Farm with another
base hit and began a rally of
their own.
Continuous errors by the
Grand Bahama infield led to
Freedom Farm scoring an addi-
tional two runs on pass balls, as
they took a 5-2 lead into the 7th
inning.
Grand Bahama fell short
scoring just.one run in the final
inning and left two 'men strand-
ed on base.
Nick Forsythe picked up the
victory, pitching a complete
game, while Grant. was tagged
with loss.
Freedom Farm and JBLN
were two of the more dominant
clubs throughout the tourna-
ment, with at least one club
competing in the gold medal
game of every division.
Teddy Sweeting, Tournament
Director, said this year's tour-
nament was a step above the
previous three editions in every
aspect.
"It was a tremendous suc-
cess," he said, "The tourna-
ment was a proud moment for
the federation to see where the
program has come from and
where it continues to grow, we
now know what are our chal-
lenges are we now know what
we have to do to continue to
put on a first class tourna-
ment."
Sweeting said the tourna-
ment will be used as a build-
ing block to help further


develop national teams.
"These young men are going
to continue to represent the
country on an international lev-
el so it makes you feel good
about what you're doing and ''
where we're at," he said, "Most :'
of these young men are college '"
baseball players or high school i '
players in the United States, so
we feel confident in the direc- '
tion the game is headed." -
In particular, he added that
the level of competition has cre-
ated new optimism for the
Bahamas to compete in Little
League baseball's most highly
regarded tournament.
"We want to take the 12 and
under program and try to qual-
ify for the Little League World
Series," he said, "Based on what
we saw from the young men in
that division, we are very confi-
dent that we can qualify."
Results
Coach Pitch Division
Gold Freedom Farm
Silver J.B.L.N
Bronze Grand
Bahama
9 10 year olds
Gold J.B.L.N
Silver Freedom Farm
Bronze Grand
Bahama
12 and Under
Gold -J.B.L.N
Silver Freedom Farm
Bronze Bimini


15 and Under
Gold Legacy
Silver J.B.L.N
Bronze
Farm


20 and Under
Gold Freedom Farm,
Silver Grand Bahama
Bronze J.B.L.N


CLUE #10:


One of the objects involved
in the 100 Jamz's Secret
Sound, is a collection of
which 100 Jamz has one of
the biggest in The Bahamas.


bill~8' -I I. ~ r. a l I a ~ -


4.


-.d


4, 4,
4+4


Freedom


S ~(?:I


F""#""~"l~ll~---LL~ I I aa -


whave. Plot


"Olson 161was


~" 'etSound









TUESDAY, JUNE 6, 2006


SECTION


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


l e er ,


De bie Fer






is fiPst ai


MIAMI HERALD SPORTS


luson-






ain in


cKenzie






irwa
010 H Ii







IP W-'


* By BRENT STUBBS
Senior Sports Reporter
SPRINTER Debbie Fergu-
son-McKenzie kept her hopes
alive for a share of the $1 mil-
lion jackpot, while quarter-mil-
er Chris 'Bay' Brown just fell
short at the Exxon Mobil Bislett
'* Games.
In the first of six IAAF
Grand Prix meetings on Friday
in Oslo, Norway, Ferguson-
McKenzie clocked 11.22 sec-
onds to easily win the women's
100 metres for her second vic-
tory of the outdoor season.
She beat a field that included
Jamaican SheroneSimpson,
second in 11.30 with American
Stephanie Durst third in 11.31
and American Me'Lisa Barber
and Ukraine's Zhanna Block,
fourth and fifth respectively in
11.32.
Ferguson-McKenzie was
coming off her victory in Ostra-
va on May 30, proving that she
is working her back from the
two surgeries she encountered
last year.
On Saturday, July 8, Fergu-
son-McKenzie will be in the sec-
ond race of the Grand Prix
series at the Metting Gaz de
France in Saint-Denis, Paris.
Also in a bid for the jackpot
will be American quarter-mil-
ers Sanya Richards and Jeremy
Wariner.
In Olso, Wariner powered
.down the home stretch to
snatch the victory from Brown
again in the men's 400 in a time
of 44.31, his second fastest time
in the world this year.
Brown, who was beaten in
the same fashion by Wariner at
the IAAF World Champi-
onships last year in Helsinki,
Finland, led through the first
300.
Competing in his first out-
door meet since he lost at the
Commonwealth Games to Aus-
tralian John Steffensen, Brown
had to settle for second in 44.80.
American LaShawn Merritt
was third in 45.44 with
;Grenada's Alleyne Francique
fourth in 45.80, American
parold Williamson fifth in 45.81
sahd Canadian Tyler Christo-


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pher sixth in 45.97.
And in the women's 400,
Christine Amertil could do no
better than sixth place in 51.44.
The race was won by Jamaican-
born American Richards in
49.82 as she improved on her
world leading time of 49.89.
Finishing second and third in
the race was Jamaicans Sheric-
ka Williamson in 50.93 and
51.15 respectively. Russians
Natalya Antyukh (51.29) and
Natalya Nazarova (51.34) were
fourth and fifth.
Meanwhile, over at the Icahn
Stadium in Randall New York
at the Reebok Grand Prix on


SSaturday, Tonique Williams-
SDarling didn't complete her
400.
No reason was given and
Williams-Darling was unavail-
able for comments.
The race in New York was
won by American Monique
Henderson in 50.51 with com-
patriot Mary Danner second in
51.41.
Back in Oslo on Friday, Jack-
ie Edwards turned in a leap of
6.05 metres for sixth place in
the women's long jump. The
event was won by Sweden's
heptathlon champion Carolina
Kluft, with 6.67.


S .... .


Knowles and Nestor lose out in French Open
Jp


* By BRENT STUBBS
Senior Sports Reporter
MARK Knowles and Daniel
Nestor's bid to win their first French
Open Grand Slam title came to a halt
in the second round over the week-
end.
At Roland Garros, Knowles and
Nestor couldn't survive the attack from
the Solvakian team Dominik Hrbaty
and Michal Mertinak and were elimi-
nated in straight set scores of 6-4, 6-3.
Knowles and Nestor had won their


first round match with a 6-2, 7-6 (4)
decision over the team of Chris Hag-
gard from the Republic of South Africa
and Ivo Karlovic from Croatia.
Knowles and Nestor were the num-
ber three seeded team in the tourna-
ment. Last year, they got to the semi-
final before they were ousted. They
had previously played in two finals at
the French open, losing in 1998 and
2002.
The French Open and Wimbledon,
which will follow at the end of the
mbnth in England, are the only two


Grand Slal titles that Knowles and
Nestor have not yet won.
Knowles and Nestor won their first
Grand Slam title at the Australian
Open in 2002. They went on to win
their second title at the US Open two
years later in 2004.
After getting eliminated in the men's
doubles, Knowles teamed up with Paola
Suarey from Argentina in the mixed
doubles. They were ousted in the first
round by the team of Anastacia Myskina
from Russia and Jurgen Melzer from
Australia in set scores of 7-6 (4), 1-6, 1-6.


Suarey is a women's doubles spe-
cialist as well, having won the French
Open title in 2001, 2002,2004 and 2005
with Virginia Ruano Pascual.
Meanwhile, Nestor teamed up with
Elena Likhovteseva of Russia. The duo
won their second round match 6-0, 6-4
over Liezel Huber of the Republic of
South Africa and Leas Friedl of the
Czech Republic.
They clinched their first round match
with a 6-4, 7-6 (3) victory over Amelie
Mauresmo and Fabrice Santoro of
France.


Despite losing in the second round,
Knowles and Nestor are still in second
place in the ATP Doubles Race with
441 points. They trail American twin
brothers Bob and Mike Bryan and are
ahead of the team of Jonas Bjorkman
and Max Mirnyi.
Having won their last three tourna-
ments in Italy, Barcolina, Spain and
Indian Wells, California, Knowles and
Nestor will now head to England
where they will go after their fifth title.
They won their first title at the end
of January in Delray Beach, Florida.


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