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Volume: 104 No.194 TUESDAY, JULY 15,2008 PRICE- 750
* By LISA LAWLOR
A DANGEROUS "Hait-
ian mafia" from Abaco has
infiltrated quiet Harbour
Island and is responsible for
an outbreak of criminal
behaviour, locals claim.
They say the situation is
the result of unchecked ille-
gal immigration, which con-
tinues to be a serious prob-
lem despite several
requests for government
Locals on the small island
- only three miles long by
half a mile wide say the
number of immigrants con-
tinues to "multiply uncon-
trollably." They say the com-
munity and the government
are to blame.
"We house them, we hide
SEE page 15
ii [uel piesmi o
Bimini Bay Resort denies role
in petition presented to the PM
* By ALISON LOWE
Tribune Staff Reporter
THE Bimini Bay Resort has
denied that it was behind a peti-
tion presented by a local gov-
ernment councillor to the Prime
Minister calling for an end to
attacks on the development and
for the resort.
dent of Ray
- the Capo
responsible for THE PETITION
Bimini Bay was presented to
Resort and Prime Minister
Marina-said Hubert Ingraham
Bay had "absolutely nothing to
do" with the contents of the
petition from the local resident.
"That was something that the
town took initiative on their
own to put together...the reality
is that the gentleman who I
think pioneered it is definitely a
person here of high status, he
is an historian, he won the
Cacique award," said Mr Reyes
of councillor Ashley Saunders,
in a telephone interview from
SEE page eight
* By TANEKA
Tribune Staff Reporter
MAILBOAT and ferry
operators are feeling the
strain from rising fuel prices
and some fear that the
increasing costs will cripple
Yesterday, The Tribune
spoke to a number of mail-
boat and ferry captains at
Potter's Cay Dock who said
rising fuel prices are drasti-
cally cutting into their prof-
its causing some to reduce
their routes and cut staff.
Although he receives a
"little" government subsidy,
Captain Black of the mv
East Wind said the high cost
of fuel is "killing" small mail-
"Business has been very,
very low. You can't make it,
really. It's impossible. Right
now I don't know what to
do, I'm at that point, I don't
know what to do.
"The government subsidy
is very little to compare to
the cost of fuel. If nothing
Majority of girls
at Willie Mae
'held for sexual
THE majority of girls detained at the Willie Mae Pratt Centre for
Girls, unlike their male counterparts, are not held for delinquent
activity but for issues relating to their sexual health, Valerie
Knowles Child and Adolescent Psychologist told The Tribune.
The psychologist said that only about 10 per cent of girls detained
-in the Bahamas that would be about four to five girls would
meet criteria for Conduct Disorder and there should be some oth-
er easily accessible community based mandate for parents con-
cerned about the sexual and reproductive health of their daughters
before resorting to the Juvenile Court.
She said that while male juvenile offenders tend to be detained
for infractions that are clearly criminal in nature, the majority of
female juveniles incarcerated are for "sleeping out, or perceived pre-
cocious sexual activity.",
Associated infractions could involve running away from home or
sometimes a pattern of use of obscenities, profanities, fighting,
and an absence of respect for authority.
"Persons tend to react with more emotional violence to an
aggressive, sexually precocious girl than they do to an aggressive,
sexually precocious boy. In some instances, this reaction is tied to
the history of victimization of women andchildren and the society's
and parents' need to be protective of them," Mrs Knowles said.
On the other hand, she said this difference could be related to a
SEE page eight
over stabbing incuto
Fafr er'S Cay A 23-YEAR-OLD Miami
Street man was arraigned in
* By NATARIO McKENZIE Magistrate's Court yesterday .
on a murder charge.
A MAN, accused of stabbing Police have charged George
another man to death during an T Humes in the June 26 mur-
another man to death during an der of Holland Griffin. Griffin
altercation in Farmer's Cay, was attacked andbeaten by a
Exuma, on the eve of Indepen- was attacked ansind beaten by a
dence, was arraigned in Magis- cogrn Boulevard area. Griffin
trate's Court yesterday. after- died at hospital two weeks
noon. after the incident, having nev-
Police have charged Jamal er regained consciousness.
Anthon Knowles, 25, of Javon Stubbs, 20, of Lin-
Farmer's Cay, Exuma, in the coin Boulevard, was initially
July 9 stabbing death of Anto- charged with causing grievous
nius Brennen. Brennen was harm to Griffin however the
reportedly stabbed in the chest charge was later upgraded
and face during an altercation after Griffin's death. Both
sometime around 10.30 pm on Stubbs and Humes now stand
Independence eve. Sources charged with Griffin's mur-
claimed that the dispute was der. Court dockets state that
over a woman who was known the two men on June 26,
to the deceased. Mr Brennen intentionally caused Holland's
was reportedly taken to the clin- death.
ic at Staniel Cay for treatment, Humes was arraigned
but was later pronounced dead before Magistrate Derrence
as a result of the stab wounds. Rolle at Court 5, Bank Lane,
Brennen is listed as the coun- day. He was not represented
try's 38th murder victim for the by an attorney. Humes was
year. not required to plead to the
Knowles, who was represent- charge. A preliminary inquiry
into the matter has been set
SEE page 15 for July 22.
j. -L -, I I.. .L. -L ,, .... --- .'56
Y. ... . C_. J I.I.L.-I" l l 'r JJr ,,. : l,,.., u
PAGE TUEDAY, ULY 1, 200CTHE RIBUN
o In brief
into custody in
* BY DENISE MAYCOCK
Bimini Police have taken a
17-year-old boy into custody
in connection with a stabbing
incident on that island on
Thursday of last week.
According to Chief Super-
intendent Basil Rahming, the
incident occurred at the Elk's
Bar in Alice Town around
midnight. Devaughn Dames,
19, of Porgy Bay, Bimini, was
stabbed in the back during an
altercation with another per-
son at the night club.
He was taken to the Gov-
ernment Clinic, where he was
treated for his injuries and lat-
Police are continuing their
investigation into the incident.
struck in face
Bimini Police are searching
for a man who is wanted for
questioning in connection with
an alleged assault on his sister.
According to reports, Khen-
dra Williams, 34, of South
Bimini, was at Club Medita-
tion in Baile3y Town on Thurs-
day around 2.30am when she
and another person got into a
Williams was struck in the
face with a large rock and fell
down. She was taken to the
clinic, where she was treated
and later discharged.
F z n
SENATOR KAY SMITH TAKES A SWIPE AT OBIE WILCHCOMBE
'Stop playing political games
with residents' livelihood'
* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT Senator Kay Smith has
accused West End MP Obie Wilchcombe
of misleading residents of his constituency
and playing "political games" with their
Mrs Smith claims that MP Wilchcombe
discouraged residents of his constituency
from attending a town meeting organised
by the government's Liveable Neighbour-
hood Programme in West End which was
held to address concerns and improve-
ments in the community.
"How can the member of parliament for
an area not want improvements made to a
community he represents just because he is
not in charge?" she asked. "That's not how
a deputy leader should conduct himself."
Mrs Smith made these remarks on July 4
during her Senate presentation on the Bill
for an Act to Modify the Provisions of the
Local Government Act in its Application
to Elections for the year 2008 and for inci-
She also responded to comments which
BAHAMAS Parks, Gardens and Recreation operators
and support staff are ready to welcome the public to the
newly refurbished Garden of the Groves, scheduled to
officially open on October 1st. One-hour tours are
available to the public each weekday at 10am and
2pm. From left to right: Joanne Parotti, gardener;
Michelle Hanson, operator; Erika Gates, operator; Chad
Hepburn, assistant at the Lofty Fig Tree Bar and Cafe,
and Julie Ryan, manager of Lofty Fig Bar and Cafe.
N PHOTO: Dave Mackey
she attributed to a
recent speech by
Mr Wilchcombe in
the House of
as he was giving his
that other place,
e said that the gov-
ernment led a team
with Urban Renewal into West End three
days before Local Government election
with the intention to influence the elec-
Mrs Smith said the group of people who
went into West End was there to look at
issues that members of the community had
The group, she said, consisted of per-
sons from Urban Renewal, and represen-
tatives from the Ministries of: Healthi and
Environment, Lands and Surveys, Local,
Government, and the private sector.
She said some of the issues of conc6mrn at
West End are:
the pile-up of the conch shells on the
FREEPORT Grand Bahama's
first and only botanical attraction, the
Garden of the Groves. is now open
to Ihe general public.
Erika Gates and Michelle Hanson,
operators of Bahamas Parks, Gardens
and Recreation, said that beginning
July 15, one-hour guided tours will be
a ailable to the public each weekday
between 10am or 2pm.
The Garden of the Groves. \% which is
owned by the Grand Bahama Port
Authority, was founded by Wallace
Groves in 1973.
It was considered one of the finest
botanical gardens in. the Caribbean
before the hurricanes of 2004.
In November 2007, the Grand
Bahama Port Authority began funding
the restoration of the Gardens under
"thi supfrvislon of Ms Gates and Ms
The Garden of the Groves, located
the rodent problem
the feasibility of vendors who lost their
businesses on the bayside rebuilding on
the same site
the need for a marketplace, which
would empower the residents economical-
ly and provide an attraction for visitors to
the need for a disposal system for bulk
"How could this town meeting make no
sense it makes no sense because the
member is not in charge of the project so
he decided not to show up for the town
meeting and encouraged the residents who
he influences not to come," she claimed..
"This is just another example of play-
ing political games with the livelihood of
people; using your office to mislead people
into believing something is not good for
them because you cannot claim the project
as your own; disgraceful."
Senator Smith said that other town meet-
ings will be planned in West End to con-
tinue talks with the community.
She also responded to remarks alleged-
ly made by Mr Wilchcombe regarding for-
mer Tourism Minister Neko Grant. MP
Wilchcombe, it was said, described Mr
Grant as an "abysmal failure who dealt
tourism a serious blow."
Senator Smith said in light of the state of
the economy and prevailing conditions
globally, Mr Grant did not engage in reck-
However, she claimed that Mr Wilch-
combe, MP for West End and former
Tourism minister, did just the opposite -
acquiring a building at a cost of $4.2 million
that is clearly unfit for human habitation.
"When completed, the ministry's staff
will still not be accommodated," she added.
She also said that during the last year of
Wilchcombe's administration, he overspent
by $8 million without approval.
Mrs Smith said during the recent budget
exercise, it was discovered that 12 persons
were hired without financial clearance and
their salary bill was in excess of $500,000.
"And of course, the sales office in Plan-
tation; bursting at the seams as it was
severely overstaffed. I believe Minister
Grant was certainly by all accounts at lepst
a good steward of the Bahamian people's
money," she said.
0 BY DENISE MAYCOCK oftf east Mbdshipman Road on Magel- days to Sundays with live entertain-
Tribune Freeport Reporter lan Dri e. has more than 10.000 ment on Friday nights.
Sdmaycock@trtnbunemedia.net species o( flowers, shrubs, and trees. Beginning on October 1. the Gar-
. -The exotic plant lie attracts many dif- den will be open each Sunday between
ferent birds and butterflies There are
winding paths and several waterfalls.
as well as an old-fashioned chapel on
Plant-species signs are being creat-
ed and %\ill be posted throughout the
garden to educate the visitors
The Garden of the Gro\es offers
membership, and donations are %el-
come to help support the maintenance
and further enhancement of the Gar-
According to park officials, mem-
bership allows persons free admission
to the Gardens and many other bene-
fits. It also allows unrestricted access
to the restaurant, the chapel and the
labyrinth for meditation, prayer or
The Lofty Fig Bar and Cafr at the
Garden of the Groves, managed by,
Julie Ryan, is open for happy hour
between 5pm and 7pm from Wednes-
4.30pm and 6.30pm for the Ministry ot
Tourism's people-to-people Lea party
and the Gospel and Folklore Festival
- both events are part of the Summer
Junkanoo Festival. This event will fea-
ture church choirs from throughout
the island and various folklore per-
formances %kill be performed.
A 2(109 calendar of events has
already. been planned, including
restaurant theme nights, Sunday
brunches, monthly bird walks, film
screenings, plays, art exhibitions, guid-
ed labyrinth walks, workshops and
short courses, as well as inter-denom-
inational worship services.
Anyone may become a "Friend of
the Garden" by purchasing a mem-
bership. Membership runs for one cal-
endar year and is valid up until the
end of December 2009.
Applications forms are available at
the Garden entrance.
I r ? f ",.,:
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firstname.lastname@example.org I www.cfal.com
PAGE 2, TUESDAY, JULY 15, 2008
THE TIBUNETUESDY, JUY 15,2008,PAGES
0 In brief
Two men In
of drug offences
Two men were arraigned in
Magistrate's Court yesterday
on drug cfiarges.
Andre Joseph, 21, of
Coconut Grove and Omar
Smith, 26, a Jamaican resident
of Hospital Lane, were
arraigned before Magistrate
Carolita Bethel at Court 8 in
The two men have been
charged with possession of
marijuana with intent to sup-
ply. It is alleged that the two
men were found in possession
of two pounds of marijuana
on July 12.
Smith initially pleaded
guilty to the charge however
the court found that his plea
was not unequivocal and Mag-
istrate Bethel changed his plea
to not guilty.
Joseph pleaded not guilty
to the charge.
Smith was also arraigned on
a simple marijuana possession
charge. He pleaded not guilty
to that charge. Their case has
been adjourned to December
Joseph pleaded guilty yes-
terday to possession of eight
grams of marijuana, which
police say was found in his
possession on July 13. He is
expected to be sentenced in
relation to that charge today.
A 23-year-old Sumner
Street woman was arraigned
in Magistrate's Court yester-
day on forgery charges.
It is alleged that on or
around July 8, Tara McKenzie
forged a First Caribbean Bank
It is further alleged that
McKenzie uttered the false
document and obtained goods
worth $5,440 from Midens
Wholesale Enterprises on
East Street South.
McKenzie, who was
arraigned before Magistrate
Derrence.Rolle at Court5:in_
Bank Lane, pleaded not guilty
to the charges and elected to
have the case heard in Magis-
She was granted bail in the
sum of $10,000 with two
The case has been
adjourned to August 8.
Solar energy seen as way *
forward for the Bahamas [
country does not
exploit sunshine -
N By KARIN HERIG
Tribune Staff Reporter
WITH oil prices rocketing to
$147 a barrel, it is "distressing"
that the Bahamas continues not
to harness its greatest source of
energy sunshine leading local
environmentalist Sam Duncombe
Ms Duncombe said that the
introduction of solar powered
utilities in the Bahamas would
not only yield cleaner, less expen-
sive energy, but also open up a
whole new industry and job mar-
"Our country is blessed with
an abundant, renewable and
largely cheap source of energy -
"When the gravity of the eco-
nomic predicament of our peo-
ple is juxtaposed against this alter-
native option for the energy
needs of the Bahamas, it is
increasingly distressing that suc-
cessive administrations have not
only largely ignored this option,
but continue to allow the likes of
the AES's (liquefied natural gas
(LNG) corporation) of the world,
the time and latitude to cynically
reformulate their proposals to the
Bahamian people in the hope that
Bahamians will tire of this fight or
be duped by their bread-crumb-
The environmentalist explained
that next to heating and cooling
systems, water heaters are among
the largest energy users in
Bahamian homes, as they work
around the clock all year long.
Ms Duncombe said that per
year, an average Bahamian
household of four could pay more
than $2,000 just to run their
home's water heater.
"A conventional electric water
heater's C02 emissions are esti-
mated ai approximately eight
tonnes a year and would require
6,400 kwh (kilowatt-hours) to
-heat water for a year for a family
"Currently the Bahamian con-
sumer is paying 37 cents per kwh,
fuel surcharge included. At 37
cents per kwh running a water
heater is costing the consumer
approximately $2,368 per year,
or $197.33 per month," she said.
However, a solar water heater,
Mrs Duncombe said, creates
"next to no emissions."
"A standard 40-gallon solar
heater costs approximately $2,000
installed. As such, changing from
an electric to solar water heater
can be an excellent source of sav-
ings, not only in money but also in
emissions. If the government
introduced a low interest loan,
over a one, three or five year peri-
od the consumer could choose a
payment plan that would suit
their pocket book best.
"In a year they could pay for
their solar heater at the current
H A N D
>E. LOAO^C H
B A G S
Established in 1956 by an old Bahamian family
Parliament Street (near Bay St.) Tel: 322-8393 or 328-7157
Crystal Court at Atlantis, Paradise Island Tel: 363-4161/2
^ Lyford Cay (Harblour Green Shops at Lyford Cay)
ROOFERS install solar panels onto a home under construction at the
Premier Gardens housing community, May 20, 2004, in Sacramen-
BEC charges. If the consumer
chose the three-year plan it would
cost them roughly $65-$70 per
month, at five years it would cost
$39 per month. At the end of the
loan, the consumer would enjoy
free hot water," she said.
With government's promise of
Customs duties on solar water
heaters decreasing, Mrs Dun-
combe explained, the initial cost
of purchasing a solar water heater
and later payments would be
"Additionally, we would need
hundreds of people trained to
install these water heaters. If the
government wants to create
meaningful long term jobs, lower
the Bahamas' carbon footprint
and work its way toward energy
independence, solar water heaters
are a first step win-win solution,"
By introducing solar powered
utilities, the Bahamas would be
joining countries around the
world in their mission to decrease
dependency on fossil fuels and to
cultivate alternative, renewable
sources of energy.
Speaking yesterday at the
Mediterranean Summit in Paris,
UK Prime Minister Gordon
Brown said he believed it was
now time for Europe to make a
"major investment" in the devel-
opment solar powpr, to match the
development of wind power in
the North Sea. He hailed efforts
to tap into the power of the North
African sun for use in European
power grids and said he will back
the Mediterranean Solar Plan put
forward by the French presidency.
of the EU.
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Police: no leads into
Hilton McIntosh murder
POLICE said they have no leads into the brutal murder of Hilton
McIntosh Jr, a BEC employee who was found dead in his truck with
a gun shot wound to the head last week.
McIntosh, 40, also known as Andrew, was reportedly found on
July 7 around 5am parked outside the Queen Elizabeth Sports
Centre. The engine of his vehicle was still running when he was found
by someone exercising in the area, according to reports.
He was found with his wrists bound, his feet on the passenger seat
of his truck and his head lying in a pool of blood under the truck's
steering wheel, police said.
Yesterday acting Assistant Commissioner Hulan Hanna said
police have no one in custody and leads in the heinous crime: "No,
nothing at this point. We are still asking members of the public to
come forward with any information they may have".
He added that no one has been taken into custody in connection
with the murder.
After McIntosh's murder, family speculated to The Tribune that
his death may have been the result of a robbery gone wrong.
Basil McIntosh told The Tribune that a gunman entered his
nephew's Market Street home shortly before his murder and "ran-
sacked" the home.
McIntosh's wife and two children, who were reportedly home at
the time, were unharmed, he said.
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TUESDAY, JULY 15, 2008, PAGE 3
PAGE 4, TUESDAY, JULY 15, 2008
EIOIAULETTRS T HEEITOR
The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master
LEON E. H. DUPUCH, Publisher/Editor 1903-1914
SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.
Contributing Editor 1972-1991
EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Published Daily Monday to Saturday
Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama
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 fax: (242) 352-9348
Jesse Jackson's crude remarks
THE Rev Jesse Jackson dropped his public
mask long enough last week to lean over and
confidentially whisper to Dr Reed Tuckson, a
United Health Group executive, who was being
interviewed with him by Fox News, that
"Barack's been talking down to black people ...
I wanna cut his nuts off."
Jackson was quick to apologise to Senator
Barack Obama for his "crude and hurtful"
remarks, later telling CNN that he did not
realise that the microphone was open. He was
embarrassed that he had shared his crudity with
many millions of viewers around the world -
not just Americans. Once again Jackson
revealed his true self "crude and hurtful" -
a world away from the dignified, highly edu-
cated, urbane Obama. It should answer those
who have wondered over the years why Jackson
was rejected by the American people in 1984
and again in 1988 in his bid for the presidential
nomination, but 20 years later Obama not only
has won that nomination, but. stands a fair
chance of becoming the USA's first African-
Jackson's crudity was directed at a father's
day speech delivered by Senator Obama to. a
black congregation in which the senator criti-
cised some men in the African-American com-
munity for failing in their duty as parents,.
"They have abandoned their responsibili-
ties, acting like boys instead of men.
"And the foundations of our families are
weaker because of it," Senator Obama told
them. "We need them to realise," he said, "that
what makes you a man is not the ability to have
a child it's the courage to raise one."
Jackson condemned Obama for "talking
down to-black people." However, what the sen-
ator told those men was true. He was not talk-
ing down to anyone.
At least he had the courage to talk straight to
He was informing them, in no uncertain
terms, how they had to shoulder their family
obligations before they could enter into Jack-
son's broader conversation about "racial jus-
tice, urban policy, jobs and health care."
Obama told them straight. A message that all
men, both black and white, should hear and
heed more often.
Talking to his black brothers, the senator
"You and I know how true this is in the
African-American community. We know that
more than half of all black children live in single-
parent households, a number that has doubled
- doubled since we were children. We know
the statistics that children who grow up without
a father are five times more likely to. live in
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poverty and commit crime, nine times more
likely to drop out of schools and twenty times
more likely to end up in prison."
Senator Obama had nothing to apologise
for. Rev Jesse Jackson did. And no matter how
many times he apologises, he can't erase words
spoken in private, which we all know he meant.
Jackson is only upset because he was caught
by an open microphone.
We recall a' 1983 visit Rev Jackson paid to the
Bahamas as a guest of the Ministry of Tourism
and the Cornerstone Baptist Church. During
the visit Opposition Leader Perry Christie, as
Minister of Tourism in the Pindling govern-
ment, organised a luncheon at Caf6 Martinique
to which a cross section of religious and politi-
cal leaders were invited.
Some of the Baptist ministers said they
"enjoyed his speech." However, many in the
audience seemed uncomfortable. They had nev-
er heard such racism from a public platform in
the Bahamas. Even Mr Christie looked embar-
"He was talking from an American point of
view," said a member of the audience after-
"He doesn't understand the problems of the
Bahamas. I didn't appreciate what he had to
say at all. Frankly I was embarrassed. What he
doesn't understand is that in this country there
are blacks oppressing blacks."
However, we knew the reverend must have
badly misjudged his audience and the country he
was in when our reporter and photographer -
both black walked out on him.
They unburdened their anger in our news
Their impression of the founder of the much
acclaimed PUSH (People United to Save
Humanity) was certainly not flattering they
thought his words were inflammatory. As a
result The Tribune of that date has a very
sketchy account of what he had to say. The
reporter was too embarrassed to record 'his
Whenever we see photographs of the Rev
Jesse Jackson all we can think of is his 1969
interview with Life Magazine when he said he
spit into the soups and salads of white cus-
tomers at the caf6 where he worked as a young
man for "psychological gratification."
Nor is he such a paragon of virtue. In 2001 he
admitted that he had had an extramarital affair
with a former aide which resulted in the birth of
an illegitimate daughter who was then 20
No wonder he objected to Senator Barack
Obama's morality speech. He has much to apol-
A message to the
men who pointed
a pistol at me
EDITOR, The Tribune.
THIS letter is in reference to
the hold-up which took place
on Thursday afternoon July 3,
2008 in The Tribune parking
With regard to what hap-
pened, I am addressing this let-
ter to the two men with guns
and their driver. When you
pointed your pistol at me twice,
you didn't pull the trigger.
1) Could it be that you were
If you did you would be
charged with murder!
2) Could it be that the gun
3) Could it be that you knew
who I was and you didn't want
to hurt me?
There are so many possibili-
ties. You looked at me in that
brief moment, and your eyes
and mine connected. You wore
a ski-mask and only your eyes
and mouth were visible. You
didn't speak at all. I don't know
who you are, but Almighty God
knows who you are. No matter
what you do, you can't hide
Almighty God protected me
from you and your two accom-
plices. God prevented you from
firing your gun at me. I believe
this with all of my heart. I thank
God for this and I give him all
the praise, glory and honour.
God also stopped you from
committing murder. Think
In the Holy Bible, God says
in Isaiah chapter 54 verse 17:
"No weapon that is formed
against thee shall prosper; and
every tongue that shall rise
against thee in judgment thou
shalt condemn." Also in 2nd
Timothy chapter one verse sev-
en, God's word says, "For God
hath not given us the spirit of
fear, but of power, and of love,
and of a sound mind."
Why are you and your two
friends doing such a vicious act.
This is no reason for you to live
There is too much crime in
this little island of New Provi-
dence. Why don't you, and your
friends turn your lives around
and live for the Lord, which is
far better. This is no way to
make money, going out robbing
and killing people.
There is still time for you and
your friends to change your
lives and live for God. Go out
and find a job and earn an hon-
est living. The Holy Bible says
in Genesis chapter three verse
19, God is speaking, "In the
sweat of the face shalt thou eat
bread till thou return unto the
ground, for out of it wast thou
taken, for dust thou art and
unto dust shalt thou return."
This is no way for you to go
out and shoot, kill and hurt peo-
Too many people have died,
families devastated and trau-
matised, and the effects are for-
ever. Nassau used to be a peace-
ful, loving place to live.
Now there are too many
rapes, to many murders, too
many robberies, too many
What we need is a spiritual
revival in his country before it is
too late. Jesus said: "Seek ye
first the Kingdom of God and
his righteousness and all these
things shall be added unto you."
The Lord God is a loving
God, and He says in 2nd Chron-
icles chapter seven verse 14. "If
my people, which are called by
my name, shall humble them-
selves and pray, and seek my
face, and turn from their wicked
ways; then will I hear from
heaven, and will forgive their
sin, and will heal their land."
If you continue to live by the
gun, you will die by the gun. St
Matthew chapter 26 verse 52
Jesus said: "For all they that
take the sword shall perish with
I hope and pray you read this
letter and stop your life of crime
before it's too late. Don't let
the devil fool you. "Crime does
Also I like to remind you that
a spiritual change must take
effect in our life.
For example five years ago a
man who had been antagonistic
towards me and my family came
to me and said that he had
heard a powerful sermon on
Easter Sunday which had a pro-
found affect on him and he
wanted to apologise to me
because of the way he acted.
He waned to leave this earth
and stand before God with a
Despite the fact that he apol-
ogised that day, overtime he
went back to his old ways, and
he is even doing worse now
I hope and pray that you read
this letter and think very seri-
ously what I have written. It's
not too late to give your life to
God. The Holy Bible say
TONY G ZERVOS
Improving the discussion of the EPA
mittee should consider the fol- given. However, the government
EDITOR, The Tribune. lowing: could still make available sum-
PLEASE allow me some space The opening remarks by pan- marines or outlines of the EPA's
in your valuable newspaper to elists should be considerably text. While Cabinet meet to dis-
express certain points of interest shorter in order to allow for more cuss and decide on what they con-
concerning the discussion on the time for the question and answer side to be best for the Bahamas,
Economic Partnership Agree- session. A full statement or longer the public could at the same time
ments (EPAs) which was held on written paper should be provided educate itself on these funda-
Tuesday, July 8, at the Hilton for the members of the audience mental trade arrangements.
Hotel. for further reflection and prepa- Since repeated references were
Before any comment is made, ration for subsequent debates. made to prominent experts on
let me congratulate the organizers The composition of the panel the pros and cons of the EPA
of the Bahamas Association of was skewed in that Minister Laing then at least one of them should
Compliance Officers (BACO) for and Mr Ferguson stood as pro- be invited to sit on subsequent
planning a timely, lively and intel- ponents of the treaty while Mr panels. By and large the dialogue
lectually stimulating and in the Thompson was the only panelist was provocative and fruitful. In
words of Mr Michael Pintard in opposition, the absence of a referendum, the
an enlightening presentation. While Mr Pintard did a fairly decision is ultimately left with the
The presentations of the pan- good job in moderating the meet- government.
elists generated a great deal of ing, the panelists took too much Minister Laing's response to
audience participation, so much valuable time from the debate by the question as to whether or not
so that the meeting was extended making unnecessary remarks Members of Parliament will give
well beyond its scheduled cut off towards each other. due diligence to the debate is a
point. International treaties are craft- cause for concern, that is, MPs
Since a promise was made that ed in technical and legal jargon reflect the various attitudes of
there will be more town meetings which makes them difficult for society.
on the issue, the organising com- the ordinary citizens to grasp the While he may be correct, we
meaning of the terms and condi- the constituents must demand
O B tions, let alone make valid argu- that our representatives give
ments. focused attention to EPAs with a
R Hence, for public consump- view of presenting a full, fair and
tion, there is a need for the econ- balanced discussion.
omists, lawyers and other experts The same vigor and attention
to translate the language of these given to campaigning should be
voluminous texts into plain, con- demonstrated in managing the
MB cise and straightforward docu- nation's business, making laws
ments. Minister Laing's submis- and policies in the best interest
Ssion that it is best for the Cabinet of the country.
to discuss and formulate the final
document rather than giving draft
forms to the public makes good
sense, especially for the reason
PERRY R CUNNINGHAM
July 9, 2008.
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Road to City Dump after Premix
TUESDAY, JULY 15, 2008, PAGE 5
o In brief
........................... ......... .. .. .. ... .. .. .. ..
Baldwin Spencer, Prime
Minister of Antigua and
Barbuda, invited the thou-
sands of visitors to Expo
Zaragoza 2008 to come to
Speaking at a ceremony
marking CARICOM Day
on Saturday at the exposi-
tion site in Zaragoza,
Spain, Mr Spencer said: "I
exhort all of you here
today to enjoy this taste of
the Caribbean as a prelude
to coming to our shores
and partaking of the full
states are grouped together
in the Caribbean Commu-
nity Pavilion at the exposi-
tion and Prime Minister
Spencer noted that a daily
average of more than 4,000
visitors have viewed the
pavilion since the fair
opened on June 14 and
have been entertained by
the cultural performances
from the region.
The popularity of the
pavilion was noted by the
commissioner general of
the exposition Emilio Fer-
nandez Castaflo, who
referred to it as a "star
attraction" of the event.
The commissioner gen-
represented the synthesis
of the New World with
influences from Europe,
Africa and the Americas
and is right at home in
Zaragoza which itself was
home to a wide cross-sec-
tion of nationalities.
Spain's Secretary of
State for Trade Silvia Iran-
zo in her address referred
to the previous day's
Summit in Madrid and said
that few countries have
had such high level links
with her country.
Bush lifts executive
ban on offshore drilling,
urges Congress to back
more exploration for oil
PUTTING pressure on con-
gressional Democrats to back
more exploration for oil, Pres-
ident Bush on Monday lifted
an executive ban on offshore
drilling that has stood since his
father was president. But the
move, by itself, will do nothing
unless Congress acts as well,
according to Associated Press.
There are two prohibitions
on offshore drilling, one
imposed by Congress and
another by executive order
signed by the first President
Bush in 1990. The current pres-,
ident, trying to ease market
tensions and boost supply,
called last month for Congress
to lift its prohibition before he
did so himself.
"The only thing standing
between the American people
and these vast oil resources is
action from the U.S. Con-
gress," Bush said in a statement
in the Rose Garden. "Now the
ball is squarely in Congress'
Bush criticized Congress for
failing to lift its own ban on off-
"For years, my administra-
tion has been calling on
Congress to expand domestic
oil production," Bush
on Capitol Hill have rejected
virtually every proposal. And
now Americans are paying at
Bahamas absent as new privileges
are agreed at PetroCaribe meeting
DESPITE being an initial signatory,
the Bahamas was noticeably absent
from a PetroCaribe meeting held in
Maracaibo, Venezuela over the week-
According to international reports,
participants at the summit agreed on
new privileges, namely that if the price
of oil remains over $100 a barrel, signa-
ture countries would only be required to
pay 40 per cent of the initial price up
front, instead of the 50 per cent origi-
nally outlined in the 2005 PetroCaribe
The remaining 60 per cent of the
petroleum bill can be paid over a 25-
year period at an interest rate of one
per cent. The deal also allows for the
Caribbean nations to purchase up to
185,000 barrels of oil per day on these
terms, and if need be, partial payment
can be made with other products being
supplied to Venezuela, such as bananas
rice, and sugar.
Since taking office in May 2007, the
FNM government has not taken any
firm stance on the issue of PetroCaribe
- other than to say that it is not an idea
that was being progressively pursued at
PetroCaribe is a Caribbean oil alliance
with Venezuela to purchase oil on con-
ditions of preferential payment that was
initially launched in June of 2005.
The Bahamas was amongst 12 other
CARICOM countries, including Cuba
and the Dominican Republic, to sign
onto the agreement on September 7,
The other Caribbean nations include
Antigua and Barbuda, Belize, Cuba,
Dominica, Grenada, Guyana, Jamaica,
Nicaragua, Suriname, St Lucia, St Kitts
IN THIS photo released by Miraflores Press Office, Venezuela's President Hugo Chavez speaks during the opening'ceremony of the
Petrocaribe Summit in Maracaibo, Venezuela, Sunday, July 13, 2008. President Hugo Chavez sought to expand an oil-supply pact that is
delivering fuel to 17 nations, calling it a tool against poverty and dismissing opponents' accusations that he is giving away Venezuela's
and Nevis, and Saint Vincent and the
The only countries who chose not to
sign on were Barbados, and Trinidad
and Tobago. I
The Hub to host a
film series 'Beyond
Document or Fiction'
between reality witnessed and
reality imagined or perceived,
Boddy challenges the idea that
films must be just one or the
And if there must be a line
drawn,'he asks, 'Do we even
know when we have made doc-
umentary or fiction?'"
The series opens on Satur-
day, July 19 and runs four con-
secutive Saturday evenings.
. Admission is free and snacks
and beverages will be available
The Hub is described by
members as a collaborative
space where ideas and
resources are shared across dis-
ciplines particularly in the arts,
but not exclusive to the arts.
It is a collective which
includes artists, performers,
groups and individuals con-
cerned with the environment
and who support a sense of
community 'within the larger
The Hub is home to a range
of activities including: original
art, film, lectures, discussions
and demonstrations, work-
shops, dance, live music, the-
atre, poetry readings, junkanoo,
and aims to serve as a gathering
place for forming alliances and
networking with open and like-
minded groups and individuals.
Initially, Haiti was not invited to the
talks, as Venezuela did not recognize
its US-installed government.
The country finally joined the alliance
in April 2006, once the newly-
elected president Rene Preval took
Honduras, which is not a member of
CARICOM, became the 17th member
of the alliance in December 2007.
* SATURDAY, JULY 19,7.30PM
Jean Painleve, Selected Shorts (1929-78) 75 mins
* SATURDAY, JULY 26, 7.30PM
Harlun Farocki, World Image and Inscriptions of War
(1988) 75 mins
SATURDAY, AUGUST 2, 7.30PM .
Chris Marker, Sans Soliel (1982) 100 mins
* SATURDAY, AUGUST 9, 7.30PM
Jean-Luc Godard, Notre Musique (2004) 80 mins
Share your news
The Tribune wants to hear
from people who are making
news in their neighborhoods.
Perhaps you are raising funds
for a good cause, campaigning. /
for improvements in the area
or have won an award.
If so, call us on 322-1986 and
share your story.
Bahamas Supermarkets Limited operates a leading
supermarket chain in The Bahamas. As a market leader,
the Company prides itself on delivering premier service
through its City Market supermarkets, having a strong
commitment to its customers, associates and community.
An opportunity for a Senior Accountant to join this market
leader has arisen. The Senior Accountant will report to the
Chief Financial Officer.
Ensure that assigned accounts are reconciled with
variances from prior period and budget
Ensure that the period end reports are prepared in a
Assist in providing data and analysis required by
operational, corporate staff and auditors as requested
Assist in system upgrades and/or conversions
Special projects as assigned from time to time
Ensure the consistent application of organization
Supervise and direct staff
Train staff as appropriate.
Bachelors' degree in Accounting
Pursuing CPA certification preferred
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Must be proficient with MS Office and Outlook
Experience in AccPac is preferred
Requires good communication skills, both verbal and
Must possess excellent interpersonal skills
Must be able to interact with external customers,
auditors and various levels of management.
Human Resources Director
Bahamas Supermarkets Limited
East-West Highway P. O. Box N 3738 Nassau, Bahamas
Or e-mail to: email@example.com
Vo telephone inquiries please
BRING YOUR OLD 4cyl. VEHICLE TO TRADE SO YOU CAN UPGRADE
THE Hub announced yes-
terday that it will host a four-
week "genre-bending" film
series composed by Brian Bod-
dy. "Beyond Document or Fic-
tion" will present the works of
four experimental filmmakers
that bring into question the
validity of the cinema categories
'documentary' and 'fiction'.
The division of films intended
to represent truth or fabrica-
tion has been practical, but
these filmmakers looked for a
way beyond such traditional
The Hub said in a statement:
"With a selection of films that
intentionally blur the line
PAGE 6, TUESDAYJULYI15,I2008L THES TRIBUNE
Pilgrims carry cross through Sydney for pope visit
N SYDNEY, Australia busy Circular Quay, completing a yearlong tour of
more than 400 communities across Australia from the
PILGRIMS bore a giant wooden cross through the desert Outback to the tropical north.
streets of Australia's largest city Monday, as thou- Hundreds of faithful gathered on the wharf burst
sands of faithful crowded around the procession, into applause and belted out Australia's unofficial
some lunging for a chance to touch the symbol of the anthem, '"Waltzing Matilda," as the boat docked
Roman Catholic Church's youth festival, according to and the cross was carried into downtown Sydney.
Associated Press. "It means everything to me it's the symbol of my
At a secluded retreat on Sydney's outskirts, Pope faith," said Linda Wilkins, 55, a Sydney office work-
Benedict XVI worked on overcoming jet lag from the cr who raced down from her high rise and ducked
more than 20-hour flight from the Vatican by strolling under a tape meant to keep onlookers away to caress
through bushland, holding prayers and listening to a the cross. "To touch it makes me feel I was an inte-
musicians play Schubert, Schumann and Mozart. gral part of it."
The two events marked the final day before World At Monday's procession, groups of volunteers
Youth Day, a Catholic festival that draws hundreds took turns carrying the 88-pound cross and 33-pound
of thousands of pilgrims. The event is expected to painting.
take over Sydney for six days the biggest since the Pilgrims sang "Amazing Grace" and shouted out
Olympics eight years ago. Australia's rallying cry: "Aussie, Aussie, Aussie! Oi,
The 12.5-foot cross and a copy of a painting por- oi, oi!" Others echoed with, "Holy, holy, holy! Spir-
traying Mary and Jesus landed by ferry at Sydney's it, spirit, spirit!"
U THE Royal Bahamas
Police Force and a private
security team will strictly
enforce a zero-tolerance of
crime policy at this year's
Junkanoo Summer Festival.
The policy includes a "no-
i bottle zone" at Arawak Cay
to ensure public safety.
The policy was firmly
adhered to during the first
weekend of the Junkanoo
Summer Festival on July 12
and the event was a "great
success", officials said.
The festival will continue
every Saturday until August 2.
Oscar Sands of the Fort Char-
lotte police station explained
that although the Junkanoo
Summer Festival has always
been a no-bottle-zone event,
the enforcement of the rule
has been relaxed at times.
"This year, we have officers
at each entry point to make
sure all bottles are placed in
the garbage upon entrances,"
Mr Sands said.
He also said that police
have recommended to ven-
dors that they serve drinks
that come in cans, or pour
them from bottles into cups
for their customers.
Director of security for the
Ministry of Tourism John
Nixon said every possible
measure is being taken to
ensure that the Junkanoo
Summer Festival offers a safe
environment for local and vis-
"We want to promote a
peaceful and safe environ-
ment where natives and visi-
MEMBERS OF the Royal Bahamas Police Force ensure that this
year's Junkanoo Summer Festival is a crime-free event.
tors can enjoy themselves,"
Mr Nixon said the police
will be on site with canine
units to patrol various areas of
the park. Good Hope Securi-
ty will also be on duty to pro-
vide security for parking
areas, assist vendors and pro-
tect all visitors.
"We want to do our part to
make this the best Junkanoo
Summer Festival ever," he
The Junkanoo Summer
Festival is held every Satur-
day from 2pm to 9pm at
Arawak Cay. The cultural
event features traditional
"rake 'n'scrape" music,
Bahamian cuisine, art and
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Albany hosts BREA
to luncheon on
the luxury resort
ALBANY hosted the Bahamas Real Estate Association for
a luncheon and presentation on the luxury beach resort com-
munity located on the southwestern end of the Island.
More than 160 realtors attended the afternoon event held at
Albany House, where representatives from Albany presented
an overview of the community and its wide range of real estate
"We are honoured to partner with the Bahamas Real Estate
Association and establish a firm foundation with realtors across
The Bahamas," said Christopher Anand, Albany's managing
partner. "As Albany enters the sales phase, BREA will be an
integral part of our sales efforts and we look forward to con-
tinually working alongside members of the organization in the
coming months as we sell real estate within Albany."
"Albany has briefed us on this exciting development and I
must say, it represents a major business opportunity for BREA
members," said William Wong, president of BREA. "Albany
represents a terrific collection of luxury real estate offerings for
us to sell."
Albany is a resort community with a luxury boutique hotel and
has a "for sale" component
with an estimated value of $1.5 billion which includes approx-
imately 200 custom home lots and 120 luxury apartments encir-
cling the marina.
The Bahamas Real Estate Association (BREA) was founded
in 1959 and is comprised of more than 600 licensed realtors.
BREA oversees the practice of real estate business throughout
The Bahamas and ensures that all brokers, salespeople, apprais-
ers and developers are licensed.
Albany is a new luxury resort community being developed by
Tiger Woods, Ernie Els and Joe Lewis. The resort project will
celebrate the very best of island life with an unparalleled com-
bination'of setting, quality architecture, sporting amenities and
service designed for the entire family to enjoy. Albany will be
one of the new developments, bringing new jobs, services,
restaurants and shops to the residents of southwestern New
TOYOT movng frwar
PAGE 6, TUESDAY, JULY 15, 2008
I UtUAY, JULY 10, 2UUb, HA t- /
Stop the EU taking the Caribbean for a ride
* By SIR RONALD SANDERS
T HAS become patently evi-
dent that the European Union
(EU) is taking the Caribbean for a
ride over the Economic Partnership
Agreement (EPA) initialled last/
The Caribbean has to stop the
ride and renegotiate the deeply trou-
bling aspects of the EPA before any
signing takes place.
There was a moment after the
initialling of the EPA by Carifoium
countries when I thought all was lost,
and I urgeu the establishment of a
Caribbean wide task force to study
,the agreement carefully Ond to
!implement it in the region's best
interest. But, recent events'indicate
'that the game is not over, and Cart-
forum countries have an opportuni-
ty to get a better agreement.
The French President Nicolas
Sarkozy became EU I-esident for
six months starting Julyist. He com-
missioned a report ,on the EPA
negotiations by Christiane Taubira,
a member of the French national
assembly who gave her name to 2001
law in France that recognizes the
slave trade and slavery as a crime
Her report is a devastating indict-
ment of the "tactics- pressure, pater-
nalism and threats employed by
.the (European) Commission to
impose its point of view and inter-
ests." Even some of the supporters of
the EPA have admitted that Carifo-
rum countries had "a gun at their
heads." Cutting aid and increasing
taxes on exports through the appli-
cation of a GSP were the ultimate
threats that tipped the balance.
The smaller Caribbean countries
the members of the OECS -
should be especially mindful of her
criticisms of the EU over scrapping
most of the taxes they levy on
imports from Europe. She argues
that in countries that depend on
these revenues, their "nationalinsti-
tutions" could be rendered "power-
As for the "development" com-
ponent of the EPA, Taubira says
that the entire "basis for the negoti-
ations should be re-thought so that
there is a greater emphasis on social
and economic development." Senior
Caribbean economists have been
arguing for months that there are
no legally binding protocols in sup-
port of the development of produc-
tion sectors. Consonant with the
views of persons, including me, who
have been involved in global trade
negotiations at the World Trade
Organisation (WTO), she urges the
removal from the EPA agenda of
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Must be highly motivated and focused.
Salary and other benefits commensurate with qualifications and experience
Applications in writing with details of education and experience should be
addressed to the Director of Human Resources, Santander Bank & Trust Ltd., P. 0.
Box N-1682, Nassau, Bahamas or via fax to 502 7955 not later than July 25, 2008.
the issues of "investment, competi-
tion policy and public procurement."
These are issues that remain con-
troversial in the WTO and are not
settled. Yet, the EU imposed them
on Cariforum countries in the EPA.
Their implementation, outside of a
global framework in which special
consideration is given to small, devel-
oping countries, will be a disaster
for local companies and could lead to
a re-colonisation of Caribbean
Taubira also argues that the EU
should recognizee the right of poor
countries to feed themselves by
allowing them to exclude agricultur-
al goods from trade liberalisation."
Already, Caribbean farmers are
being put out of business by the sub-
sidies to farmers in the US and EU
some of whose products are, there-
fore, cheaper than the produce of
Caribbean farmers who have to
import high-cost inputs for agricul-
ture. The result is less food produc-
tion and less food security in the area
as a whole.
The second recent development
of significance is a statement made
about the EPA in Ghana this week
by the Nobel Economic laureate and
former World Bank top economist,
Joseph Stiglitz. Stiglitz urged caution
and told the Ghanaian government
to "take a cold hard look" at the
EPA and negotiate away its inimical
He said: "EPAs do not give suffi-
cient opportunities for the business-
es in LDCs to develop levels where
they can compete favourably with
their counterparts in the EU and
that is critical to the development of
a country like Ghana."
In talking about LDC's, Stiglitz's
reference was to countries that are
less developed than those of the EU
which has a $12 trillion economy, 88
times larger that all Cariforum states.
This is a particularly important
observation in the context of those
who have been arguing that
Caribbean companies somehow
have some competitive advantage
in Europe in the area of services.
Not even the largest Caribbean
country has the size and resources of
a medium size European competitor.
There are 39,000 EU trans-
national companies; in Caricom
there are ten Pan-Caribbean firms of
The idea that Europe will be open
under the EPA for Caribbean busi-
ness is misleading. Open yes, but
there are Individual national obsta-
cles to getting through the door, and
once through the door, there are fur-
ther impediments to doing business
even if companies could raise the
necessary funding to be competitive.
The market access in services
granted by the EU in the EPA is
worthless not only by the certifica-
tion requirements but also because
the EU has no authority to negotiate
what is called Mode 4 visa
approval; this is left exclusively to
individual EU states. Therefore, no
Caribbean country not even Bar-
bados, Jamaica and the Bahamas
would benefit from the EPA refer-
In the meantime, even small
European companies could wipe out
small Caribbean companies in their
Cariforum countries have to bear
in mind that each of them will be an
individual signatory with the EU to
the EPA. In other words, while the
EPA negotiations were conducted
between a joint Cariforum group of
negotiators and the European Com-
mission, the EPA, once signed, is an
agreement between the EU as a
group and each Caribbean country
individually. Any infractions of the
EPA, after its signing, will force each
small Caribbean country to take on
the might of the EU on its own. The
EU would roll over them like a jug-
The delay in the signing of the
EPA, occasioned by Guyana Presi-
dent Bharat Jagdeo's reluctance to
do so until he has had full stake-
holder consultations, presents a gold-
en opportunity to follow the advice
given by Stiglitz to Africa: "Ensure
an agreement that would favour
local businessmen and the country's
All Caribbean countries should
now stop the ride on which the EU is
(The writer is a former Caribbean
Ambassador to the World Trade
() Th COLLEGE OF THE BAHAMAS
\isit our website at www.cob.edu.bs JDUC~i G &, TL.N&G DMAWS
Applications are invited from suitably qualified persons for the following vacant positions
in the Business Office:
1. DIRECTOR OF ACCOUNTING/SENIOR ACCOUNTANT
The Director of Accounting/Senior Accountant is responsible for the overall financial
management systems of The College of The Bahamas and oversees the functions of
accounts payable, accounts receivable, asset and cash management, scholarship accounting,
general ledger, and financial management reporting. The Director of Accounting reports
to the Financial Controller of The College of The Bahamas.
2. FINANCIAL SYSTEMS ANALYST/ACCOUNTANT
The Financial Systems Analyst assists the Director of Accounting in implementing the
improvement of internal control systems and procedures for overall financial management
functions of The College. The Financial Systems Analyst will focus on the areas of
preparation for external audit requirements, accounting, cash management, budgeting and
Specific duties include but not limited to: Financial Accounting/Accounts Analyses
and Government Compliance for Audit: Reviews, analyzes accounts and ensures audit
trail, completeness, propriety and accuracy of supporting documents for journal transactions.
Posts and organizes approved journal transactions to the computerized books of the College.
Prepares schedules of temporary investments and interest income on a monthly basis.
Gathers, verifies and organizes the monthly schedules and reconciliation of all accounts
"such as cash accounts, fixed assets, prepayments, inventories, liabilities, expenses and
revenue accounts, and ensures (a) agreement with general ledger balances; and (b)
completeness, propriety and accuracy of supporting documents. Prepares movements and
analyses of unrestricted fund balances. Follows-up resolution of or adjusts reconciling
items between general ledger and schedules of all accounts analyzed. Oversees organization
of files and external audit trail for Accounts Receivable Department.
3. FINANCIAL SYSTEMS ANALYST
The Financial Systems Analyst assists the Director of Accounting in implementing the
improvement of internal control systems and procedures for overall financial management
functions of The College specifically in the areas of preparation for external audit
requirements, accounting, cash management, budgeting and management reporting.
Specific duties include but not limited to:
Financial Accounting/Accounts Analyses and Government Compliance for Audit:
Reviews monthly schedule and analyzes receivable and payable accounts with students
(tuition and refunds) and ensures reconciliation with general ledger. Reviews monthly
schedule of scholarship donor accounts and ensures reconciliation with general ledger.
Gathers, verifies and organizes the monthly schedules and reconciliation of all payroll-
related liabilities and expenses, all expense and revenue accounts and ensures (a) agreement
with general ledger balances; and (b) completeness, propriety and accuracy of supporting
documents. Follows-up resolution of or adjusts reconciling items between general ledger
and schedules of all accounts analyzed. Prepares movements and analyses of restricted
fund balances related to student scholarships/financial aid.
4. ASSOCIATE EDITOR
The Associate Editor with responsibility for News & Publications will maintain overall
responsibility for the production of all College of The Bahamas publications of a news,
general information and public awareness nature. The incumbent will be responsible for
the overall management of The College's media relations and will maintain supervisory
responsibility of writing and relevant public relations staff, which from time-to-time may
include freelance writers. Associate Editors report to the Director Communications/Editor-
For a detailed job description and application, persons should visit www.cob.edu.bs/hrapply.
Interested candidates should submit a detailed resume and a cover letter of interest,
giving full particulars of qualifications and experience no later than Friday, July
25, 2008 to:
The College of The Bahamas
P. 0. Box N-4912
KEMP'S FUNERAL HOME LIMITED
22 Palmdale Avenue, Palmdale
Nassau, N.P., The Bahamas
Sir John Templeton
a long time resident of Lyford Cay, Nassau,
N.P., The Bahamas, who died in Nassau on
8th July, 2008, will be held at St. Christopher's
Anglican Church, Lyford Cay on Saturday,
19th July, 2008 at 4:00 p.m.
Archdeacon Keith Cartwright will officiate
and interment will be in Lakeview Memorial
Gardens, John F. Kennedy Drive, Nassau.
A Memorial Service will be held in Nassau
at a date to be announced.
Sir John is survived by his sons, Dr. John M. g
Templeton, Jr., known as Jack, and his wife
Josephine (Pina), Christopher Templeton and
his wife Marion; his stepdaughter, Wendy Brooks; three grandchildren and
three great-grandchildren and many cherished relatives, friends and business
associates including Mena Griffiths, Mary Walker, Euphemia Poitier, Marie
Souder, Betty Roberts, Ryan Knowles, Bill Thomson, Daphanie Moss and his
loyal personal staff, Linford (Roy) Williams, Judy Rolle-Brown, Franklyn
Smith, Henri Elson and Rosalie WIlliams.
Sir John was pre-deceased by his wives, Mrs. Judith Folk Templeton and Lady
Irene Templeton; daughter, Anne Templeton Zimmerman and his stepson,
A special thank you is extended to the many doctors, nurses and caregivers,
including Dr. Ian Kelly, Dr. Dean Tseretopoulos, Dr. Thorne Sparkman, Dr.
Kevin Moss, Dr. Michael Darville, Dr. The6dore Turnquest, Dr. Ronald
Knowles, Dr. Duane Sands, Dr. Perry Gomez, Dr. Gregory Neil, Dr. Isla Grant-
Taylor, Dr. Daniel Johnson, Dr. Kevin Moss, Dr. Mark Weech, Dr. Charles
Rahming, Dr. Trevor Cantor, Dr. Juliette Hepburn and Dr. Lys Herman; Lora
Bower, Eileen McClain, Pearl Mills, Dawn Albury, Tina MacTaggart,Collette
Ingraham, Cheryl Pierre-Rolle, Martha Joseph, Bernadette Archer, Maggie
Bain, Priscilla Williams, Angela Glass, Crystal Young, Nita Riley and Peggy
In lieu of flowers, donations may be made to The Lyford Cay Foundation,
Inc., Sir John Templeton Memorial Scholarships, P.O.Box N.7776, Nassau,
A book for persons wishing to express their condolences is available at Sir
John Templeton's office, 3rd Floor, Templeton Building, Lyford Cay.
Arrangements by Kemp's Funeral Home Limited, 22 Palmdale Avenue, Nassau,
N.P., The Bahamas.
FROM page one
William Parks suggested in an
e-mail to the press last week
that Mr Saunders, who he
claimed was formerly against
the Bimini Bay development,
had not been upfront about his
involvement with the petition
and the resort.
Mr Parks called the petition,
said to have been signed by 300
people, a "three page publicity
stunt" that resulted from "a
minimal sloppy investigation
(by Bimini Bay) of their (crit-
ics), trying to dig up dirt."
Mr Saunders headed a dele-
gation of nine Bimini residents
who came to Nassau to present
the petition to Prime Minister
Hubert Ingraham in June.
They called on government
to give permission for Phase II
of Binini Bay to begin, and said
"attacks" on the project are
"hurting the entire island and
Mr Parks, a 22-year visitor to
the island claimed that "of late
Bimini Bay Resort is feeling the
backlash" from their "lack of
respect for the local people and
they are desperate to stem the
growing tide of opposition." '
Tearing away at the contents
of the petition, which he said
involved efforts to "discredit at
all costs" the "legitimate scien-
tists" who have criticised the
resort's environmental impact,
Mr Parks defended those who
have spoken out against Bimini
Bay as knowledgeable individ-
uals who have the interests of
the local community at heart.
"The author of this rag is
Bimini Bay, not a Biminite and
the talk about what 'we' feel
and 'our' opinions is simply
more 'Bimini Bay Speak'," Mr
Parks claimed, adding that he
had since spoken with numer-
ous Biminites about the peti-
tion and many were sceptical of
it and the 300 signatures it was
said to have gathered.
However, Mr Reyes said:
"The reality is that there's obvi-
ously an overwhelming majori-
ty of individuals who are very
concerned with all of this nega-
tive publicity (about Bimini
Bay) that's taking place."
Echoing comments made by
Mr Saunders, he accused
activists like Mr Parks of "hurt-
ing the future of the children" in
Bimini by attempting to jeop-
ardise their potential liveli-
hoods, and claimed activists'
"one dimensional" argurhents
ignore the "social and econom-
ic benefits" that the resort has
brought to Bimini.
Currently tourism is up in
Bimini at a time when it is
falling in traditional hotspots
like New Providence, he point-
Asked to respond to the
claim made by environmental-
ists that in the longterm Bimini
Bay will inhibit economic
opportunities for Biminites by
destroying their natural
resources, Mr Reyes said that
the "due diligence done" proves
that Bimini Bay is an "environ-
mentally sustainable" project.
Mr Reyes said he did not
want to respond to Bahamas
National Trust director Eric
Carey's claim on Friday that
government is currently caus-
ing another Environmental
Impact Assessment to be done
on the resort
"There is a professional con-
fidentiality between the devel-
oper and the government," he
A message left for Mr Saun-
ders was not returned up to
press time yesterday.
Majority of girls at Willie Mae Pratt
Centre 'held for sexual health issues'
FROM page one
patriarchal need to protect the "moral purity of
women folk" ensuring that the "pool of avail-
able females retain their genteel nature."
Also, said Mrs Knowles, for some parents
detention is a means of delaying pregnancy.
"There are not many parents anywhere in the
world bringing their juvenile sons into contact
with the justice system to be locked up because
they were in a sexual relationship with an older or
same age woman, or if they had developed a pat-
tern of drinking, cursing or staying away from
home. In many instances behaviours that are
viewed as 'criminal' for a female juvenile are
viewed as a rite of passage into adulthood for
male juveniles," she said.
For these status offences, female juveniles like
all juveniles can be detained up to age 16.
Mrs Knowles said that some girls repeatedly
ask, "What is it about the number 16 that will
make my behaviour more acceptable?"
The hidden message interpreted by some girls
and sexual predators is that 16 is the magical
number that relieves them of the burden to
behave responsibly.. ..
Mrs Knowles said there is the misunderstand-
ing that there is nothing inherently wrong with
their personal values or with their behaviour per
se; it is just that they are acting out too early and
if they "could wait until sixteen, things would be
Part of the resilient anger experienced by some
detained female adolescents, Mrs Knowles said,. is
noted in the comment of one who said, "If yoL
walked into any room in any store, in any church,
in any office or home and arrested every female
who drank, cursed, fought, dress naked and had
sex without being married, you'd have to build
about 50 more jails...so how come I have to be
locked up? What makes me different from my
friends? Age ain't nuttin but a number!"
For some girls no amount of clever reasoning
will remove this anger at a perceived societal
The longer they are locked up the more
intractable the anger becomes. For some the
question arises, "If they are being preyed upon,
how come they are locked up but the predators
are running free?
"How come they are being locked up because
of having a boyfriend, but the boyfriend's life
has not been interrupted?"
Marie Jeanne Dupuch
No. 2 Colebrooke
PAGE 8, TUESDAY, JULY 15, 2008
THE TRIBUNE TUESDAY, JULY 15, 2008, PAGE 9
SIR Durward Knowles
expressed his appreciation for
the painting and landscaping
work the members of the
Rotary Club of East Nassau
donated to the Bahamas Asso-
ciation for the Physically Dis-
abled (BAPD) over the.past
Sir Durward, the spokesper-
son for BAPD, said that the
organisation is especially
grateful for the wheelchair
placement programme, which
he personally heads.
Candidates for the pro-
gramme are recognized
through the BAPD and wheel-
chairs are donated to women,
men and children throughout
the Bahamas. The Rotary
Club of East Nassau has made
contributions which resulted
in more than 800 wheelchairs
being placed. As the funds are
raised, the wheelchairs are
bought and distributed to
those who are in need,' but
unable to purchase one on
The Rotary Club of East
Nassau recently also partici-
pated in another community
service project with the
Members of the club visited
BAPD's school on Dolphin
Drive to brighten it up with a
fresh coat of paint.
This is the latest project in a
between the East Nassau
Rotary Club and BAPD dat-
ing back to 1982 when the club
donated funds to build a 20-
foot extension to the school.
Since then, the East Nassau
Rotary Club has been
involved in regular exercises
to maintain both the inside
and outside of the building, as
well as undertaking larger pr6-
jects such as the paving of the
play area outside the building,
and providing assistance, along
with the government, in
extending the building to it's
current 100 feet.
In addition to all this, the
club recently raised funds for
the purchase 280 wheelchairs
so that the school can continue
its work in the community.
The BAPD school on Dol-
phin Drive is a day school for
children between the ages
5-14 whose disabilities make
it difficult or impossible for
them to receive education
through the government
There are currently 20 full-
time students enrolled at the
school, with another 15 on the
All students receive an edu-
cation from qualified teachers
and also benefit from the
school's physiotherapy facili-
ties and staff,
The school recently man-
aged to pass two students on
to higher education.
Sir Durward acknowledged
the contributions made by
government and private
contributors,, and paid special
tribute to the East Nassau
Rotary Club for making
BAPD one of their major pro-
"We would definitely not be
where we are today were it
not for Rotary," he said.
Share your news
The Tribune wants to hear
from people who are
making news in their
you are raising funds for a
good cause, campaigning
for.improvements in the
area or have won an
If so, call us on 322-1986
and share your story.
Bahamas Supermarkets Limited operates a leading
supermarket chain in The Bahamas. As a market leader,
the Company prides itself on delivering premier service
through its City Market supermarkets, having a strong
commitment to its customers, associates and community.
An opportunity for a Senior Accountant Financial
Reporting to join this market leader has arisen. The Senior
Accountant- Financial Reporting will report to the Chief
Verify and analyze departmental and store level operating
.* Respond to store inquiries regarding store level profit and
Provide management with accurate financial information
Prepare yearend schedules to support external auditors,
Research supporting detail for accounting transactions
Assist in the preparation of internal and external financial
statements and reports on a period, quarterly and year end
Assist in compiling information for annual budgets
Monitor capital expenditure against budget
Ensure that period end reports are prepared in a timely
Assist with special projects as required.
Bachelors' degree in Accounting
Experience in auditing is preferred
Must be proficient with MS Office and Outlook.
Must be detail oriented
Requires good analytical and problem solving skills
Requires good organizational and interpersonal skills.
Must be able to interact with auditors and various levels of
Human Resources Director
Bahamas Supermarkets Limited
East-West Highway P. 0. Box N 3738 Nassau, Bahamas
Or e-mail to: email@example.com
No telephone inquiries please
"0_' LN UL r. '
Saturday July, 19th,2008.
at 10am to 4pm
Sanpin Motors &
Commonwealth Bank CIE
Coke Event Trailer
and Other Treats
Come down and Beat Da Heat with our
HOT! HOT! Specials__
welcomed to COB
COLLEGE of the Bahamas President Janyne
Hodder recently welcomed US Ambassador Ned
Siegel to the college campus. '
President Hodder shared with the Ambassador
the recent accomplishments and successes of COB as
the college transitions to university status.
Ambassador Siegel was told about
international partnerships with institutions through-
out the United. States and he pledged the
commitment of the Embassy in opening doors for
greater educational partnerships with US-based
He also welcomed the exchange of ideas for col-
laboration and academic engagement.
The Ambassador then toured some of the major
campus spaces, including the Wellness Centre and
the Chapter One bookstore.
- He also learned more about the construction pro-
jects involving the library and the new develop-
ments at the Northern Bahamas.Campus.
TUESDAY, JULY 15, 2008, PAGE 9
PAGE 1 THE RIBUI
JULY 15, 2008
7:30 8:00 8:30 9:00 9:30 10:00 10:30
Florida Roadtrip Nova Archaeologist Guillermo Cock Supernatural Science "Extrasenso- Wide Angle Midwives are being
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BOA to ratify list of athletes
* By BRENT STUBBS
Senior Sports Reporter
With three of the four
relay teams falling short
of the top 16 qualifying
spots, the Bahamas
Association of Athletic Associations
has submitted a list of 18 athletes to the
Bahamas Olympic Association for rat-
ification for the 2008 Olympic Games.
The BOA officially named the team
officials and the squads that will com-
pete in boxing, swimming and tennis
last week at a press conference at the
Nassau Yacht Club.
But the athletic team was not includ-
ed as the BAAA were waiting on a
few athletes as well as the women's 4 x
100 and 4 x 400 and the men's 4 x 100
relay teams to make a final dash at
However, at the recent Central
American and Caribbean Champi-
onships in Cali, Columbia, no other
athlete achieved the A or B qualify-
And the three relay teams in ques-
tion failed to run times that would
place them in the top 16 in the world to
qualify for the Olympics that will run
from August 8-25 in Beijing.
BAAA's president Mike Sands said
at a press conference yesterday at the
Bahamas Union of Teachers' head-
quarters that it was unfortunate that
the three relay teams have not quali-
"We were not aware of any meets
available (this weekend)," Sands said.
"As you know, we just came back from
THE Bahamas Association of Ath-
letic Associations has submitted the
following list of athletes for ratifica-
tion by the Bahamas Olympic Asso-
ciation for the 2008 Olympic Games
in Beijing, China, next month.
The athletes have all made the A
or B qualifying standard in their
respective events or have been added
for the men's 4x400m relay. They are:
Chandra Sturrup (100); Debbie
Ferguson-McKenzie (100/200); Tim-
icka Clarke (100); Sheniqua Ferguson
(200); Christine Amertil (400); Lay-
ern Eve (javelin) and Jackie Edwards
Derrick Atkins (100); Chris Brown
(400); Andretti Bain (400); Andrae
Williams (400); Shamar Sands (110
hurdles); Jamial Rolle (200); Leevan
Sands (triple jump) and Donald
Thomas (high jump).
For 4 x 400 relay Michael Math-
ieu, Avard Moncur and Ramon
Manager Foster Dorsett. Coach-
es Frank Rahming and Keith Park-
the Central American and Caribbean
Championships with the hope of them
qualifying, but unfortunately that is
not the case."
Sands said he's seriously disap-
pointed because at the start of the year,
they appointed relay coordinators
whom they had hoped would have
worked in conjunction with the avail-
able athletes.so that they could peak to
"As I understand it, our women's (4
x 100 relay) team is just one spot away
at number 17, which is very heart
wrenching knowing the history of the
Bahamas women's relay team," he stat-
"We would have liked to have been
there, but it's not to be."
But despite the fact that the women's
4 x I and 4 x 4 and the men's 4 x 1
teams have not qualified, Sands said
they are quite pleased that there is still
a ray of hope for the Bahamas in the
"When you look at the perfor-
mances, particularly the junior athletes
with the senior athletes at the twilight
of their career, the Nivea Smiths,
(Sheniqua) Q Fergusons, the Cache
Arm.bristers, the overall programme
has a solid base for the future," he stat-
While Ferguson will come home
today as the most decorated athlete at
the championships, winning the
Bahamas' first double medal in the
same meet at any level, Sands said
there were some athletes that didn't
live up to their expectations at the 12th
SEE page 13
BAHAMIAN SHENIQUA FERGUSON celebrates after winning the 200m final at the
World Junior Championships in Bydgoszcz, Poland, on July 11, 2008. Ferguson
will come home today as the most decorated athlete at the championships, winning
two medals a gold and bronze...
NP MAll-Stars win by
.... two in double OT
I M r -lamiEM
COACH KEVIN 'KJ' JOHNSON and members of the College All-Stars pose with their awards after winning the
Bahamas Basketball Federation's Independence Basketball Tournament on Sunday night at the Kendal Isaacs
College All-Stars win
men's title in OT
* By BRENT STUBBS
Senior Sports Reporter
IT took overtime for the Col-
lege All-Stars to win the men's
title at the Bahamas Basket-
ball Federation's Independence
Basketball Classic on Saturday
night at the Kendal Isaacs
Their performance late Sat-
urday night came after the New
Providence women had to go
to double overtime to clinch
their title over the College All-
The College All-Stars, who
advanced by eliminating Cat
Island 79-67 in the playoffs,
out-lasted the Grand Bahama
Grand Bahama earned their
berth in the final by upsetting
New Providence 79-73.
"It was a well played game.
Freeport is a talented team.
Those guys really made us
work for it, but we wanted it,"
said College All-Stars' head
coach Kevin 'KJ' Johnson.
Tehran Cox, a former point
guard for Johnson at CI Gibson
now at the University of
Arkansas, opened the extra
point minutes with a driving
basket and he ended it with
COACH RODNEY WILSON and members of the Grand Bahama All-Star
team pose with their trophy as runners-up in the men's division...
The game was tied at 71 at
the end of regulation.
Cox, who was relentless in
his up tempo style of play, fin-
ished with 16 points and was
named the Most Valuable Play-
"First of all, I just want to
thank God for giving me the
opportunity to play basketball,"
Cox said. "I feel real honoured
to accept this award, but I felt
anybody on the team could
have gotten it.
"I just want to thank my
teammates for allowing me to
play with them. I never played
on a team like this before with
guys from all over high school,
division one and two all put
together for the first time."
Antwan Bootle, who will
begin his first year at Sam
Houston State University after
playing high school at St
Thomas, used his bulky body
inside for a side high 18 to lead
"They were a very offensive
team, but I think we picked it
up defensively in the fourth
quarter and that is how we
won," said Bootle, who con-
tributed two consecutive bas-
kets in OT.
"When the tournament first
started, I didn't have my confi-
SEE page 13
' By BRENT STUBBS
Senior Sports Reporter
THE future of the women's
national basketball team was
on display Saturday night at the
Bahamas Basketball Federa-
tion's Independence Basketball
In the championship game at
the Kendal Isaacs Gymnasium,
the New Providence All-Stars
needed double overtime to pre-
vail over the College All-Stars
The game was tied 40-40 at
the end of regulation and 47-47
after the first extra four min-
New Providence, who
advanced to the final with a 46-
28 rout over the Under-18 All-
Stars, got five points from
Latoya Rolle and three from
Diasti Delancy in the final OT
to perserve the win.
Delancy, who poured in a
side high 19, was named the
Most Valuable Player. Chantell
Rolle had 16 and Latoya Rolle
and Linda Pierre both added
"I didn't expect us to go to
double overtime," Delancy
stated. "We just didn't get the
rebounds. Our big girls were in
"But as a team, we played
very well. We wanted to win.
The College team was a pretty
good team. They have a bright
future. We just didn't want
them to beat us."
Phylicia Kelly, by far one of
the best young players to watch
in the future, had 19 to lead the
Collegians. Robyn Swaby,
another talented player, had
13. Staffica Bain, who got her-
self in foul trouble, finished
with just two.
The Collegians, who pre-
vailed in the playoffs with a 73-
30 rout over Grand Bahama,
had a chance to force a third
OT. But down the stretch, they
didn't have the energy left to
slow down the seasoned New
"It was a good effort, but
because the ladies are home,
they were not in shape," said
Collegians' coach Sharell Cash.
"But it was a good game. Dou-
"The other side had more
heart and were willing to dig
THE NEW PROVIDENCE ALL-STARS (shown) won Bahamas Basketball
Federation's Independence Basketball Tournament's title Sunday night at
the Kendal Isaacs Gymnasium...
COACH SHARELL CASH (holding trophy) and, her College Ali-3tars hIad
to settle for the runners-up position...
down deep to take the lead.
But this tournament was well
put together and is something
that is needed for our college
BBF president Lawrence
Hepburn was no doubt excit-
ed about what he saw on the
court in the championship
He noted that the Bahamas
should be able to field a pretty
good team next year when they
have to travel.
But he said there are some
things they still have to work
out, including the coaching per-
sonnel and getting all of the
players to come and try out.
Collegians 73, Grand
Bahama 30: Robyn Swaby
scored a game high 22, LaQuin-
ta Ellis had 20 and Phylici.i Kel-
ly chipped in with 17 in the \\ in
for the Collegians to L,,t into
Karen Barr scored I1. M,
val Williams eight an; i,
Brown five in the loss.
New Providence 46, Jinider-
18 28: Diasti Delanc :imJ
Lucinda Sylvain both scokid
nine, Alyse Dean had eight and
Jurelle Nairn and Linda Pierre
both had six as the experienced
New Providence team cliinhlK
their berth in the final.
Malesha Peterson had a
game high 10 in a losing effort.
Tracy Lewis scored nine and
Tancil Poitier chipped in with
PAGE 12, TUESDAY, JULY 15, 2008
All-Star game the highest
priced in baseball history
* By RONALD BLUM
AP Baseball Writer
NEW YORK (AP) Baseball is
saying goodbye to Yankee Stadium
during the All-Star break, a time when
the sport's best gather and fans focus
on one ballpark. New York general
manager Brian Cashman hopes it isn't
a final farewell.
"Certainly we're hopeful that we can
get our act together," he said, "and
extend it into October."
As the scoreboard in center field
points out, just 32 regular-season games
remain at Yankee Stadium, the 85-
year-old monument to baseball history.
There have been 106 World Series
games played at the big ballyard in the
Bronx more than one-third of the
American League's home total of 300.
"I've had a lot of great memories
here and a lot of sad memories," said
Hall of Famer George Brett, who hit
three homers during a 1980 playoff
game at Yankee Stadium but is best
remembered.for the 1983 Pine Tar
Game, when his go-ahead, ninth-inning
homer was disallowed by umpires, then
reinstated by the AL president.
While 13 of the Yankees' last 14 reg-
ular-season games are sold out and the
team is headed to its fourth straight
four million-plus season' at the box
office, the stadium was at best half-
filled for Sunday's All-Star Futures
game, which had an announced atten-
dance of 48,383.
Season ticket-holders had to buy
seats for Sunday as part of strips that
included Monday's home run derby
and Tuesday night's All-Star game, the
commissioner's office said.
Tuesday's game is the highest priced
in baseball history, with lower-deck
seats costing $525-$725 and bleacher
tickets going for $150. .In New York's
Wall Street-driven economy, the home
run derby sold for $100-$650 and the
Futures Game for $50-$225.
And that's the list price.
On StubHub.com, tickets for Tues-
day's game were on sale for up to
$6,390 each. That's cheap next to the
regular-season finale against Baltimore
on September 21 the asking price
on StubHub is as much as $65,000. Per
"It is a museum. It's a baseball muse-
THURSDAY, JULY 17,2008
BEGINNING AT 6:30 P.M.
BAHAMAS TOURISM TRAINING CENTRE
SPONSORED BY THE TRIBUNE
THE NASSAU GUARDIAN
GUANIMA PRESS LTD
SMITH + BENJAMIN ART & DESIGN
NEW YORK Giants defensive end Justin Tuck watches his hit to the outfield during the All-
Star Legends & Celebrity softball game at Yankee Stadium in New York on Sunday...
um," said NL manager Clint Hurdle,
who listed Yankee Stadium alongside
Boston's Fenway Park and Chicago's
Wrigley Field. "They're dripping with
the historic ambiance of the game -
the individuals that have played the
game, the world (championships) that
have been won there, the monuments
in the outfield. I mnean, the pope. Cor-
rect me if I'm wrong, didn't he speak at
Yankee Stadium? It is a venue that
holds its own amongst all venues."
Davey Johnson, manager of the US
squad that lost 3-0 to a World team in
the Futures Game, remembered when
he played at Yankee Stadium in the
1960s for the Baltimore Orioles against
Mickey Mantle and Roger Maris.
"I hate to see it go," Johnson said. "I
didn't think Yankee Stadium would
So what was his fondest memory?
"It wasn't that Jeffrey Maier game,"
he. shot back quickly, remembering
back to when he managed the Orioles
in the 1996 AL championship series
and a 12-year-old fan leaned over the
right-field wall, above right fielder
Tony Tarasco, and deflected a fly ball
that wound up as a home run for
Futures players had to sign three
dozen baseballs, two home plates, two
pitching rubbers (pitchers only) and
When the major
leaguers walk into
Monday, each will M
have 14 dozen
baseballs to sign.
Yankees owner '
ner is expected at
the All-Star game.
owner's health has
declined in recent
years, and he has-
n't attended a
* How important are the Literary arts to national
* What should be the role of the writer in
* What is the state of writing in The Bahamas
* What level of support is there for Bahamian
writing and publications and how can we gen-
erate more? What are the obstacles?
* What standards should we be setting for our-
selves in the literary arts? What forms of rec-
ognition for excellence should we develop?
DON'T MISS IT.
Bahamas Association for Cultural Studies (BACUS)
For more Information call. 393-3221 or e-mall guanimapressltdfiyahoo.com
j -. ..
' -<~>i<* *--. -- '
COMEDIAN WHOOPI GOLDBERG runs down THE lirst base line after grounding out
in Sunday's game...
game at the ballpark since opening
Yankee Stadium hosted the All-
Stars in 1939, 1960 and 1977 the latter
on a day when it was 102 degrees. The
'77 game was played years after the
stadium reopened following a recon-
struction that cost $167 million.
The new Yankee. Stadium, which
will be 63 per cent larger, is rising
across the street at a cost of at least
$1.3 billion. It will feature a Hard Rock
Gafe, a Martini Bar and regular-season
seats that cost up to $2,500 a game.
But it won't be the same. "Being at
the final All-Star game at Yankee Sta-
dium is going to be very special," said
Cleveland pitcher Cliff Lee, the expect-
ed AL starter. "Everyone knows the
heritage there, and to be part of it is
something I'm really looking to expe-
rience. It is going to be a crazy time."
NEW YORK METS Carlos Delgado watches the ball after hitting a two-run home run against the
Colorado Rockies during the fifth inning of their baseball game at Shea Stadium in New York on
Jaaia -otgis 0m tIA Athn Gad Pi
USAIN BOLT, of Jamaica, competes in the 200 meters during the IAAF Athens Grand Prix Tsiklitiria at the Olympic
stadium on Sunday. Bolt won the race in 19.67 seconds...
:ts beat Rockies, 7-0
F BACUS' FIRST If we're serious about building a national titera-
it r r >ture, and we should be, it's time to discuss the
Sitar following issues:
BAAA receives contribution for
track and field championships
* By BRENT STUBBS
Senior Sports Reporter
WITH a full 40-member
team heading to the Caribbean
Union of Teachers 12th Track
and Field Championships, the
Bahamas Union of Teachers
(BUT) made a substantial con-
tribution to the Bahamas Asso-
ciation of Athletic Associa-
BUT president Belinda Wil-
son made the presentation to
BAAA's president Mike Sands
at their headquarters yester-
day with executives of the
union, team officials and ath-
The undisclosed figure came
as a joint contribution from the
BUT, Bahama Health and
Baker Tilly International
The under-15 team is expect-
ed to leave for Tortola, British
Virgin Islands, on Wednesday
for the championships, which
will run from Friday to Sun-
"On behalf of these young
CHRISTOPHER JOHNSON (standing in front), one of the competitors who will represent the Bahamas at the
Caribbean Union of Teachers' Track and Field Championships this weekend, talks about his expectations. His com-
ments came as Bahamas Union of Teachers' president Belinda Wilson (sitting in front farltight) presented BAAA's
president Mike Sands (sitting in front second from left) with a cheque for the 40-member team. At left is team
manager Val Kemp and in the background are some of the team members.
, athletes and the executives of.
the BAAA, I want to thank
president Wilson and her exec-
utive team for coming to the
aid of the BAAA and spon-
soring the team to Tortola,"
"A building can only be as
strong as its foundation and
these young people that will
be competing at the champi-
onships are the future of track
and field in this country. So we
have gone back to basics."
Sands said the support by
the BUT will help many of the
athletes on the team who
aspire to one day become an
elite athlete as they begin their
quest in Tortola.
Wilson said they are delight-
ed to note that the team will be
managed by Val Kemp, one of
their veteran primary school
teachers and a member of the
Bahamas Association of Cer-,
tified Officials (BACO).
revealed that the union is also
sponsoring the trip to Tortola
to two other of their members
- Andrea Lockhart, the BUT's
assistant treasurer, and Lonora
Conyers, who will be assisting
with the officiating of the
Kemp said the team is look-
ing very well, they have been
practicing hard and are ready
to travel. "They just need to
get on the plane and they will
be fine," she said.
And Keno Demeritte, who
will assist head coach Stephen
Murray, said although this is
the biggest youth team ever to
leave the country, he's look-
ing forward to some impres-
sive performances, especially
in the under-15 division.
"I'm looking for them to do
very well," he said.
Christopher Johnson, a stu-
dent of Temple Christian
Academy, will be running in
the 100m and on the 4xl00m
relay team. He will also be
competing in the long jump.
Johnson said he's excited
about being on the team and
he plans to win.
Stars win men's
title in overtime
FROM page 11
dence because I hadn't played
in a while. But every game, it
kept coming and coming."
In a balanced scoring attack,
Jeffery Henfield chipped in with
10, Jarvon Burrows and Ernest
Saunders both had eight and
Scott Farrington and Robson
Memnon helped out with six
The Grand Bahama Stars,
coached by Rodney Wilson, got
a game high 26 points from
Clayton 'Smiley' Miller. Jay
Philliple had 18, Jabbor Light-
bourne 12, Scott Forbes .10,
Michael Rolle seven and Mar-
vin Gray five.
Miller, who is coming off his
first pro season with Bahama
Pro Show in -the ABA, said it
was good to come back,to New
Providence to play against the
rising young stars.
"It was a good experience
playing against the college guys.
Like they told me in the game,
they are trying to learn some
stuff too, so it was good to play
against them," Miller said.
"We have, a lot of talent in
the Bahamas. So it was good to
see how far basketball has
come. We played good as a
team, but I think we just tried to
rush our shots .down the end."
Grand Bahama led through-
out the game until the Colle-
giais rallied to tie the score at
61'and it was close the rest of
Grand Bahama 79, New
Providence 73: In a showdown
between the top two islands,
Marvin Gray and Clayton
Miller provided a 1-2 punch,
scoring 24 and 22 respectively as
Grand Bahama advanced to the
Roney Thomas and Jeremy
Hutchinson connected on 12
and 10 each for New Provi-
College All-Stars 79, Cat
Island 67; Ernest Saunders
exploded for a game high 21
points, while Scott Farrington
had 16, Tehran Cox 12 and
Antwan Bootle eight in the win
for the Collegians as they
advanced to the final.
Viicent Strachan had 16 and
both Vernon Stubbs and Adon
Charlow scored 15 each in the
LBaaa lmi Asscaint aiyls fahee
FROM page 11
IAAF World Junior Champi-
onships in Poland last week.
"Sometimes you can, some-
times you can't," he stated. "Q
has demonstrated that she is
ready to run in the top times.
"As a matter of fact, I read at
article where she was inter-
viewed saying that she's going
to the Olympics feeling no pres-
sure because it's a seniors games
so they have to be concerned
about beating her." .
Sands said it's that kind-of
confidence he would like to see
exhibited because she's moti-
vated to compete based on the
process she has made.
He congratulated Ferguson's
parents and her coach George
Btitish Open starts Thursday...
I -' 1'
ENGLAND'S Justin Rose plays a bunker shot on the 17th hole
during a practice round at Royal Birkdale golf course, Southport,
England, yesterday. The British Open golf championship starts
on July 17 at Royal Birkdale...
Cleare for ensuring that she is
ready for the road that is on
after winning the National
Junior College Championships'
double sprint titles.
Ferguson, a student at South-
west Mississippi, has qualified
with the A standard to compete
in the women's 200 along with
her idol, Debbie Ferguson-
Ferguson-McKenzie will dou-
ble up in the 100 as she com-
petes with national record hold-
er Chandra Sturrup and Timic-
The other women qualified
for the Olympics are Christine
Amertil in the 400; Lavern Eve
in the javelin and Jackie
Edwards in the long jump.
On the men's side, World
Championships' silver medalist
Derrick Atkins has qualified in
the 100 with World champion
Donald Thomas entered in the
Others are Chris 'Bay'
Brown, NCAA champion
Andretti Bain and Andrae
Williams in the 400; Shamar
Sands in the 110 hurdles; Jami-
al Rolle in the 200 and Leevan
'Superman' Sands in the triple
Michael Mathieu, Avard
Moncur and Ramon Miller
have also been named to the
team to compete in the 4 x 4
hurdles with Brown, Bain and
"The team has qualified, they
have met the Olympic qualify-
ing standard and so selecting
and recommending these ath-
letes is' an easy task," Sands
"You either met the standard
or you didn't. So it's a good
quality team going into the
Olympics and I'm looking for
some good things from them."
The BOA has not indicated
when they will announce the
names of the athletes ratified
for track and field. But Sands
said he hopes that none of them
will be eliminated because they
have met the qualifying stan-
England and South Africa draw
ENGLAND'S Ryan Sidebottom
(right), celebrates after claiming the
wicket of South Africa's Jacques
Kallis during the final day of the first
Test at Lord's cricket ground in Lon-
NEW ENGLAND REVOLUTION defender Chris Albright (front) heads the ball away from Mexico's Club
Santos Laguna forward Christian Benitez during second half action of their friendly soccer match in
Foxborough, Mass., on Saunday...
(AP Photo: Stephan Savoia)
Reo*.d '. .e*n,
TUESDAY, JULY 15, 2008, PAGE 13
out b Engand' Rya
* t ., *
PAGE 14, TUESDAY, JULY 15, 2008
YOUR CONNECTIOlfO THE WORLD
Birthday: November 2.
Height: 6-feet, 4-inches.
High School: SC McPherson Secondary School.
College: Auburn University.
Major: Health Promotion/
Sports events: 400 metres.
Personal best performances: 44.45
Coach: Kim Batten.
Favourite colour: None.
Favourite food: Rice.
Favourite song: God Bless the Broken Road
Favourite movie: Notes on a Scandal and
Pride and Prejudice.
Hobbies: Surfing the Internet.
Interest: Watching movies, exercise
programmes, the food network
and forensic files.
BEIJING OLYMPICS 2008
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,*- -. .'p
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A GATHERING of Bahamian men outside Grant's Liquor Store discuss their concerns.
FROM page one
them, our women have their children," said
Martin "Lee" Grant of Grant's Liquor Store.
"As a result, we have major breaking and
entering problems. Their stolen goods are
sent out in big boxes on (a mailboat)."
Mr Grant said his beloved 'Briland is
now known as "Little Haiti". His renewed
complaints come after his protest against
illegal immigrants getting driver's licens-
es and vehicles in July 2007.
Mr Grant and about 20 more concerned
citizens went so far as to hold a protest
march through the centre of the island,
but he says their efforts have largely gone
"Our main industry of tourism is affect-
ed horribly by Haitian nationals," Mr
Grant said. "Tourists can't get directions
or anything from them, then they think
they're 'Brilanders that don't know their
own home or are unfriendly."
The gathering of Bahamian men out-
side Grant's Liquor Store all audibly
agreed. One said: "The government seems
to be turning a blind eye" to the small
island, "because when the FNM came into
government, they promised they would
solve all these problems".
Haitian nationals who do not have
papers can even be found working in gov-
ernment offices, Mr Grant claimed.
"There are three Haitian churches now;
the Haitians have overtaken whole streets
in 'Briland. They live about 20 people to
a three bedroom residence, with no run-
ning water, no toilet, nothing," he said.
The main problem i-; thi the only immi-
gration officer for the area is situated at
the North Eleuthera airport, said Eddie
Major, better known as "Fast Eddie", and
FROM page one
can be done I think that (reduc-
ing my route) may be the only
way to go, it's really killing us,"
said Capt Black, who sails to
Cat Island once a week.
Fellow mailboat captain
Tyrone Archer of the mv
Bahamas Daybreak spends
about $15.n00 a week on fuel,
about $7,000 more than he paid
this time last year, he said.
While his day-to-day opera-
tions remain normal, if fuel
prices continue to climb he may
be forced to make changes.
"The rise in cost and not
being able to increase tariff on
the freight and still' doing the
same runs and spending more
on fuel definitely it's affect-
'ing the day-to-day operations. If
the price continues to go up
then we'll have to look at it and
make some changes."
The mv Bahamas Daybreak
delivers freight to Governor's
Harbour and Rock Sound,
Eleuthera every Monday.
Marketing Manager of
Bahamas Fast Ferries Khaalis
Rolle said exorbitant fuel costs
may ruin the company's finan-
"(High fuel costs are) impact-
ing us like it's impacting every-
body else whose business is fuel
dependent. When you look at
our overall expenses, fuel
accounts for a large chunk. The
FROM page one
ed by lawyer Mario Gray,
appeared before Chief Magis-
trate Roger Gomez at Court
One, Bank Lane, on the murder
charge. Court dockets state that
Knowles on Wednesday, July
9, while at Exuma, intentional-
ly caused the death of Antonius
Brennen. Knowles was not
required to plead to the mur-
der charge. A preliminary
inquiry will be held to deter-
mine whether there is sufficient
evidence to have the case tried
in Supreme Court.
Knowles' case was adjourned
to July 25 for a fixture date. The
matter has been transferred to
Court 11, Nassau Street.
Knowles was remanded to Her
owner of the Tropical Treasures and Sou-
"Fast Eddie" estimated that only five
out of 20 people you see every day are
Bahamians, and that it seems to be like an
"open house" for all Haitian nationals to
immigrate to the Bahamas in general, and
'Briland in particular.
According to "Fast Eddy", who is 37,
he has never seen an immigration officer
on the island in his whole life:
"Every time there's an immigration
raid, Haitians know about it
before the police do and they all hide," he
And this is all a "big strain on clinic
welfare there's never any penicillin or
antibiotics in the one clinic we have."
"Fast Eddie" said he thinks Branville
McCartney will do a great job as the new-
ly appointed minister of state for immi-
Another 'Brilander, Patrick Barry, one
of the seven members of the district coun-
cil, said that the problem is definitely
"multiplying out of control."
He said the numbers have increased
from three illegal Haitian immigrants in
1964, to 200 in 1995, and now it is esti-
mated that there are more than 500 on
Brenda Colebrook, of the Department
of Lands and Local Government, warned
that illegal immigration in Harbour Island
is not only a "Haitian problem", as there
are immigrants from America, China,
Mexico, Jamaica and Russia.
She said some of these are rich and
some poor, but all "still contribute to the
problems that result from illegal immi-
gration, such as the imbalance in
rising cost of fuel. ..is threat-
ening to wreck our financial
year, particularly if we didn't
implement a fuel surcharge we
would have been in problems.
We're paying this year $1.8 mil-
lion more than we did last year,
so we pay millions of dollars a
year for fuel."
However, because consumer
demand for ferry services
remains high, he does not fore-,
see the company slashing
"No, unless demand dimin-
ishes, we're not going to cut
back on any of the routes we
currefitly serve. Most of our
routes are dependent on us and
we don't want to impact our
customers at all."
General Manager of Black-
beard's Cay and-Stingray
Adventures, Frederick Lunn,
said his company has not fared
well in the face of rising fuel
costs. He said he was forced to
reduce staff and some excur-
Up to press time yesterday
diesel stood at $6.15 and $6.34 a
gallon at Texaco and Shell ser-
vice stations respectively.
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TUESDAY, JULY 15, 2008, PAGE 15
PAGE 16, TUESDAY, JULY 15, 2008 THE TRIBUNE
.1. ,. .
S .... ...
PAGE 16, TUESDAY, JULY 15, 2008
. ." -_-._.
,., ..., 7, -
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TUESDAY, JULY 15, 2008
- .&;-:,, M.-_ . ..
Excursion provider's revenues rise 187%
*,By NEIL HARTNELL
Tribune Business Editor
A Bahamian water
yesterday said it had
seen its revenues grow
by 187 per cent year-
to-date compared to 2007, and having
signed agreements with Carnival and
Norwegian Cruise Lines .is already in
talks to 'add additional cruise lines
some 18 months after it began opera-
Khaalis Rolle, the principal owner
of Bahamas Undersea Adventure, told
Tribune Business: "Things have gone
very well with it. We've seen a product
that was introduced a little over a year
ago, in January 2007, which has grown
tremendously in such a short period
"It's been adopted by some of the
major cruise lines, Carnival and Nor-
wegian. We're already in the process of
negotiating agreements with some of
the other cruise lines, which we hope
will be completed very shortly."
Mr Rolle, who said he was increase
ingly taking a 'back seat' and leaving
the day-to-day running of the business
to its management, praised his staff -
led by general manager Anika Pyfrom
- for showing that Bahamian-owned
businesses could carve out their own
niche and earn a living from this
nation's largest industry.
* Bahamian-owned business looking to sign more cruise ship agreements,
having sealed Carnival and Norwegian deals in first 18 months in business
* Company reduces operating expenses 22% year-on-year, despite rise in diesel costs
"We've seen revenue grow on a very
steep curve, by some 187 per cent year-
on-year for the year-to-date" Mr Rolle
told Tribune Business. "In some
months, we've seen growth as high as
230 per cent.
"While we've seen growth on rev-
enues, we've reduced our expenses sig-
nificantly. Year-to-date, our expenses
have been reduced by 22 per cent..
Diesel fuel is going up and is hitting us
significantly, but staffing costs have
gone down. We're being a little more
efficient in the way things are done."
Bahamas Undersea Adventure, a
wholly-owned subsidiary of Nassau
Water Ferries Services, specialises in
providing power snorkelling on under-
sea scooters and ocean kayaking in '
clear kayaks' that enable clients to see
the ocean and ocean floor below. The
reefs of northern New Providence and
Athol Island are the main locations.
The company also offers beach tours
to Colonial Beach, the 16-acre site at
the western end of Paradise Island.
Among the most frequent clients for
the Colonial Beach experience are
hotel guests, group business from the
local Bahamian market, and destina-
tion management steered the firm's
way by the Sun Splash company.
Mr Rolle said Bahamas Undersea
Adventure, which currently has a staff
complement of 10, was likely to hire an
extra "five or so" employees.
The company is also looking to pur-
chase a new boat to relieve the demand
on its existing two-vessel fleet, the 120-
seat Blue Manta and the Party Time.
"We're still actively seeking a new
boat. More than likely, based on what
we need, it may end up being a new-
build," Mr Rolle said. "The configura-
tions we want are to be a catamaran,
have a shallow draft and be able to
Bahamas Undersea Adventure had
to "spend a lot of time and money"
last year reconfiguring and modifying
its existing two vessels to make them
suitable for the company's needs.
That, combined with the usual extra
start-up costs a new business incurs,
along with maintenance costs was a
key factor behind the loss the company
suffered in its first year.
However, when asked whether
Bahamas Undersea Adventure was
profitable, Mr Rolle replied: "This year
it will be. We're still completing our
audit for last year, but it looks as if
we're going to chalk up a loss of
"Most of the losses last year can be
attributed to high start-up costs, main-
tenance and repair and salary expens-
es. All have been rationalised and are
under control. The largest threat to
our business now is raising fuel cost,
which we have to absorb due to a large
chunk of our business being through
The key to the company's success,
Mr Rolle added, had been "staying
with it, understanding what's out there
and employing good sales strategies.
SEE page 2B
No liquor rival
buyers for $18m
* By NEIL HARTNELL
Tribune Business Editor
BACARDI will not sell its
62-acre property to any buyer
from the liquor distilling indus-
try for fear it may cause confu-
sion with its own brand, the
realtor charged with finding a
George Damianos, president
of Damianos Sotheby's Inter-
national Realty, who has the
exclusive listing for Bacardi's
rum plant, said there had
already been "several show-
ings" of the facility to potential
buyers, and now "some very
interested parties were doing
their due diligence".
Mr Damianos said the prop-
erty, which is situated on the
southwestern New Providence
coast and has 1,235 feet of
waterfront frontage, would be
"very attractive" to a company
involved in the heavy manufac-
turing/light industrial sectors.
With some 254,000 square
feet of warehouse space, Mr
'Damianos said the Bacardi
plant was believed.to have the
largest storage space of any
business on New Providence.
"It's an interesting piece of
property," he said. "I think the
buyer's going to. be someone
who is going to have a use that
fits with it. It will be most valu-
able to someone using the stor-
age that's there. I think it's a
good opportunity for the right
Bacardi will vacate the site in
April 2009, the final act in its
exit from the Bahamas after a
more than 40-year presence in
this nation. The move, which
SEE page 2B
Bahamas can support
three telecoms carriers
* By CARA BRENNEN-
THE Bahamian market
could support three "decent
companies with little diffi-
culty, Digicel's chief execu-
tive for the Turks and Cacios
Islands told Tribune Business
yesterday. He said Bahami-
ans would benefit tremen-
dously in price and service if
the industry was opened up.
E.J Saunders said the
Bahamas probably has the
market size for up to three
different carriers provided
that they were of decent size,
meaning that they would be
able to come into the mar-
ket and finance their opera-.
He explained that in many
instances what happens is
that groups are able to secure
the minimum to get the
license, and then operate on
the hope that they are able
to expand operations once
they get subscribers on
However, what often hap-
pens instead is that they are
not able to maintain their sys-
tem and service quality, lose
their customers and go
under, Mr Saunders said.
SEE page 2B
Bahamas 'very near'
losing BEC savings
* By NEIL HARTNELL
Tribune Business Editor
THE Bahamas is "very near"
losing the extra revenue and
potential $1.4-$4-billion in BEC
fuel cost savings that the AES
Corporation's liquefied natur-
al gas (LNG) plant could pro-
vide, its project manager told
Tribune Business yesterday, due
to competition from rival pro-
posals and its own supply con-
Aaron Samson, AES Corpo-
ration's LNG managing direc-
tor, said: "The opportunity to
do this project is short. LNG
plants are getting built and the
real issue, particularly with our
revised proposal, is that the
opportunity lost is very near
because of all the supply com-
AES, which has proposed the
construction of an LNG termi-
nal on Ocean Cay, near Bimini,
and a pipeline to take the LNG
to Florida to drive electrical
generation in that state, faces
competition from the likes of
That company appears to
SEE page 4B
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FROM page 1B
He added that Digicel had a very
strong presence in the market, having
a presence in 30 countries after being
granted several more licenses in the
South Pacific, British Virgin Islands
"The Bahamas fits ik-.' our plans for
development, as we '.nt to increase
our footprint into the Caribbean. It is a
more developed country with little or
no competition," Mr Saunders said.
He added that it would be one of
the better nations for Digicel to grow
Mr Saunders said it would be pre-
mature to discuss any plans the com-
pany has for the Bahamas. However,
he did say that if Digicel did come to
the Bahamas, it would be a mutually
beneficial experience for both.
"I am from here, so I would love for
us to be able to bring Digicel here. I
think that we would bring the best val-
ue and the best coverage," Mr Saun-
Digicel is not negotiating with the
Government at the moment, although
the company remains extremely inter-
ested. Mr Saunders said this is because
the Government is still in negotiations
as it relates to the privatization of BTC.
"I don't think they can negotiate
until they decide what they are going to
do," he added.
Mr Saunders acknowledged that
Bahamians have a tremendous loyalty
to'BTC, and that changing this mindset
will not be an easy task, but Digicel
was up to the challenge.
He expressed confidence that once
Bahamians saw what the company was
able to offer, their BTC loyalties would
switch to Digicel.
As it relates to the monopoly on cel-
lular services that BTC currently
enjoys, Mr Saunders said whether that
continues after a privatization sale
should depend..on the price that is paid.
For instance, he said that if BTC was
sold at a price close to market value,
then the market should be opened to
competition immediately. However, if
a "goodwill price" higher than market
value is paid, in his opinion, the market
could remain closed for a period of
time to allow the buyer to recoup some
of the funds.
Digicel is doing very well in Turks
and Cacios, Mr Saunders added, point-
ing out that the company has already
captured a 50 per cent market share
from Cable and Wireless, the telecom-
munications provider that had been
on the island for several decades.
No liquor rival buyers for $18m Bacardi property
FROM page 1B
will see one of this nation's largest exporters close
its doors with the loss of 114 jobs and potentially
some $13 million in excise taxes, has been caused
largely by the Bahamas' relatively high operating
costs making the plant and its products uncom-
Mr Damianos said he and his company had
begun the formal sales process for the Bacardi
rum plant some three weeks ago, and placed an
advert in The Tribune's Real Estate Guide yes-
The plant is a purpose-built, industrial facility,-
and therefore likely to be suitable for only a
small, narrow group of like-minded business buy-
However, Bacardi did "not want to sell to any-
one in the liquor distilling business, so there
would be no confusion with their brand. No one
in the liquor distilling business has come forward,
so the word must be out that they're not going to
sell to them".
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While liquor and spirits production was out,
Mr Damianos suggested that the Bacardi plant
could still be "ideal" for the production of water,
brewing beer or manufacturing plastic products
such as styrofoam cups.
"I know Nassau is not big on manufacturing,
but we've had several showings and some very
interested parties are doifig their due diligence,"
Mr Damianos said.
"It's exclusively listed with me, so we're head-
ing up the charge. It's an interesting project, and
a little bit different to what I normally do in sell-
ing. high-end, luxury houses. I'm going to enjoy
The Bacardi rum plant has some 16 buildings,
including seven warehouses, an 11,106 square
foot administration building, and a 65,230 square
foot industrial building. The warehouses range in
size from 31,200 square feet to 42,700 square feet.
Other facilities include a 500,000 gallon water
distribution tank, desalination plant capable of
producing 80,000 gallons per day, and three diesel
revenues rise 187%
FROM page 1B
We've weathered, the storm last
year, which is typical of any new
"Last year, we questioned on
several occasions whether it
made sense to continue on, but
we made a good decision which
is beginning to pay dividends
Bahamas Undersea Adven-
ture and Nassau Water Ferries
Services are separate from
Bahamas Ferries, where Mr
Rolle is employed as chief mar-
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PAGE 2B, TUESDAY, JULY 15, 2008
I cl t Iu'a
Bahamas urged 'not to persist' with EPA deal
* By NEIL HARTNELL
Tribune Business Editor
THE Government was yes-
terday urged "not to persist"
with signing the Economic Part-
nership Agreement (EPA) in
its current form, a leading attor-
ney questioning whether it
would actually create extra
trade opportunities for Bahami-
an firms through securing access
to European Union (EU) mar-
Brian Moree, senior partner
at McKinney, Bancroft &
Hughes, told Tribune Business
that the Bahamas should follow
the Guyanese president's lead
in not signing the trade agree-
ment with the EU until he had
fully consulted with his elec-
torate, as many Bahamians did
not understand the potential
impact and consequences the
EPA held for them.
"I would call on the Govern-
ment not to persist in signing
the EPA in its current form, at
least until there has been a full
and complete discussion
throughout civil society," Mr
Moree said, "where our people
understand what the issues are,
have been given access to good
quality information, and we're
satisfied this is something the
country as a whole would sup-
"At the moment, I'm not at
all sure that is the position."
Mr Moree reiterated his call
for the Bahamas and CARI-
FORUM countries to "restrict
it to a goods-only offer", as the
EU's threat that they could lose
their crucial duty-free market
access if an agreement was not
concluded by December 31,
20o7, had imposed pressure that
did not give them "an opportu-
nity to negotiate".
The senior attorney also
questioned whether preserving
this market access, chiefly to
benefit the Bahamian seafoods
export industry and Polymers
International, would result in
further opportunities for them
to increase their market share
and for other Bahamian com-
panies to export to Europe.
Mr Moree said he had been
intrigued by a quote used in a
newspaper article written by
Edward Seaga, the former
Jamaican prime minister, in that
country's Gleaner newspaper.
.He had quoted Sir Shfidath
'Sonny' Ramphal, former to6n-
procity but *
had direct meaning for the EPA
talks, as there was no way
Bahamian companies and their
Caribbean counterparts could
compete against the much larg-
er, more efficient EU firms.
The EU and its multinational
companies were of a much big-
ger proportional size than the
Bahamas and its companies,
negating the reciprocal trade
benefits and preferences the
two sides are supposed to offer
"The vast majority of CARI-
including Bahamian business-
es, are not in a position to com-
pete. There's something like
nine pan-Caribbean companies
and over 100 multinationals in
the EU," Mr Moree said.
"We in the Caribbean have
had duty-free access to the
European market for many,
many years. With that duty-free
access, and without any reci-
procity, it has not in any signif-
icant way resulted in a signifi-
cant increase in market pres-
"To take advantage of mar-
ket access, you have to be in a
position to compete. We have
had access for 20-plus years, and
it has not resulted in any signif-
icant increase in market pres-
ence because the partners are
so unequal in terms of devel-
Mr Moree added that con-
cerns over the EPA not being in
the Caribbean's best interests
were being expressed by a wide
range of leading personalities
and commentators, including
the likes of Guyana's president
and Sir Ronald Sanders, CARI-
COM's former ambassador to
the World Trade Organisation
The Bahamas needed to take
this into account in its own EPA
deliberations, Mr ;Mree said,,
adding that the Government
would ignore the Bahamian
people's concerns "at its own
The Bahamas' failure to
embrace and involve itself in
the EPA negotiations from the
start in 2003 "put.us at an opti-
mal disadvantage. That was a
mistake, in my view," Mr
"We should have been
engaged in the process from the
start. We should have been
shaping the process and engag-
ing our people. In my view it
was a missed opportunity that
,put us very much on the defen-
sive and left us working with a
compressed timeline that has
now allowed for proper consul-
"If any government official
denies that, they should speak
to the people. I have had a cho-
rus of response from people
throughout the community say-
ing they do not fully understand
Meetings and consultations, the
vast majority of the people
don't understand the EPA,
what the implications are and
what we giving away and get-
ting in return. There has not
been enough time to dissemi-
nate information so the aver-
age man in the street under-
Mr Moree added: "The Gov-
ernment will ignore that at it's
own risk. As was demonstrat-
ed with the CSME, you cannot
ignore the groundswell from
your own people on these issues
"If you try to impose on the
Bahamian people something
which they feel they have not
had the right to express their
own views on, and given an
opportunity to understand it,
we are living in a time where
people will hold the Govern-
ment accountable and exercise
their constitutional rights at the
Mr Moree said anyone who
said the EPA compliance costs
were not significant, that the
agreement would "not signifi-
cantly change the way we do
business in this country; not
impact in any significant way
our Immigration policy; not sig-
nificantly impact the sovereign-
ty of our country, and not com-
mit us to a process of regional
integratiornis, iiamy view, being
WORKSHOP ON REVISED ANTI-MONEY
LAUNDERING EXAMINATION FORMS
The Compliance Commission (the Commission) will be holding a
workshop for its constituent financial institutions on Friday 181
July,. 2008 at the British Colonial Hilton.
The primary purpose of this workshop is to review the
Commission's revised on-site examination forms for those financial
institutions supervised by the Commission which include:
(i) cooperative societies registered under the Cooperative
(ii) real estate brokers, but only to the extent that they receive
funds for the purpose of settling real estate transactions;
(iii) counsels and attorneys, but only to extent that they receive
funds in the course of their business for the purposes
of deposit or investing, settling a real estate transaction or
holding funds in their client account;
(iv) accountants, but only to the extent that they receive funds
in the course of their business for the purpose of deposit or
(v) dealers in life assurance policies;
(vi) financial & corporate service providers; and
(vii) The Bahamas Development Bank, The Bahamas Mortgage
Corporation and the Post Office Savings Bank.
The session, which is free of charge, will also focus on:
Risk-based on-site examinations;
The System of Waivers from On-Site Examinations; and
The workshop will begin promptly at 9:30a.m. and conclude by
Interested persons are asked to confirm their attendance at the
Commission's office at telephone #702-1544.
From 25 to 75 HP in stock now.
All Sea Pro's come standard with:
Blackmax aluminum propeller
Mercury six gallon fuel tank
Mercury one year commercial warranty
Stronger ignition systems
Extra heavy-duty gear cases
Rugged internal components
EAST BAY STREET, NASSAU BAHAMAS
PAGE 4B, TUESDAY, JULY 15, 2008
Bahamas 'very near'
losing BEC savings
FROM page 1B
have abandoned, at least for the
moment, its plan to construct
and LNG terminal and pipeline
of its own in Freeport to supply
Florida. It is now proposing to
supply the state with LNG via
Tel: 502 2356 an offshore buoy.
for ad rates Mr Samson said Florida
-would prefer to obtain LNG
from its Ocean Cay terminal,
especially as the Tractebel buoy
would have to be shut down in
the event of a hurricane, but if
AES was unable to make
progress it was likely to lose out.
The company has been wait-
ing for seven years to hear
whether the Government will
approve its project. Given the
dramatic spike in global oil
prices, it has since proposed
constructing a separate 120-mile
pipeline from Ocean Cay to
New Providence to supply BEC
Mr Samson previously told
Tribune Business that this could
save BEC between $80-$210
million per annum, or between
$1.4 billion to $4 billion over a
15-year period, if BEC switched
its combustion turbines at the
Blue Hills plant to LNG from
"We could also lose this
opportunity to save BEC $4 bil-
lion over 15 years," Mr Samson
said, adding that estimates he
had received indicated it would
cost about $800,000 each to con-
vert the eight-nine turbines at
Blue Hills to LNG.
In this way, an initial outlay
of $10 million or less would be
required to save BEC and the
Bahamas some $200 million per
"The lion's share of the pie
we have now will supply BEC,"
Mr Samson said. "I've given a
definitive proposal to the Gov-
ernment, a definitive revision
of the Heads of Agreement,
basically eliminating the link to
the Henry Hub price and
putting some other things in.
"We've seen the regulations
and commented on them..
They're well in hand. The envi-
ronmental application and poli-
cies have long been done. The
Plan for this project is a whole
Mr Samson also responded
to an article against LNG that
was written by teacher Alan
Jackson in yesterday's Insight
section. The AES executive said
the piece was "filled with a.
number of factual inaccuracies
drawn from six-year old data".
"It is amazing, but it appears
that Mr Jackson did not make
use of one of the most up-to-
date sources on LNG import
terminals and storage facilities,
especially those in the United
States. A quick check of the
Federal Energy Regulation
Commission's would have
cleared up many of Mr Jack-
son's misconceptions, and he
would thereby have avoided
misleading readers of his arti-
cle," Mr Samson said.
"Contrary to what Mr Jack-
son implies, the LNG industry is
a dynamic industry worldwide
and certainly in the US because
LNG, as one of the safer, clean-
er alternatives to oil, will con-
tinue to play major role in the
world's sustainable energy
Turning to the tables used by
Mr Jackson, Mr Samson said
the four expansion projects list-
ed back in 2003 had all been
built and were operational. All
four were bigger than the pro-
posed Ocean Cay plant.
Mr Samson said another six
LNG facilities had been
approved in the US, three of
them expansions of existing
facilities. Regulators had also
approved another 12 LNG facil-
ities to be located in New Jer-
sey, Maryland, Louisiana, Mis-
sissippi and Texas.
He added: "As the FERC
website notes, there are approx-
imately 40 ING import termi-
nals worldwide, with many
more planned. LNG import ter-
minals exist in Japan, South
Korea and Europe, as well as
in the United States. The US
has four import terminals, one
export terminal in Alaska and a
great many storage facilities
throughout the country.
"I want to reassure the
Bahamian public that the facil-
ity proposed for Ocean Cay has
had the benefit of extensive
planning and environmental
impact assessment, and has the
potential to yield significant
benefits for the Bahamas and
Mr Samson also said Ocean
Cay would only have 7.5 BCF
of storage capacity, not the 200
BCF quoted in the Insight
AES said in a statement: "If
he [Mr Jackson] were to com-
pare throughput numbers,
Boston would be at .75bcf per
day (750 million cubic feet),
whereas Ocean Cay would be
at .9bcf (900 million cubic feet).
This means that Ocean Cay
would have double the capacity
of the Boston, Everett facility,
and would not be 40 times big-
ger in storage and throughput as
Mr Jackson has claimed.
Furthermore, Mr Jackson
makes objections to the Boston
facility the major point in sup-
port of his argument. AES
agrees 100 per cent that that the
Boston terminal should not be
allowed to expand. That facility
is sited in close proximity to a
large population such as that of
Boston, where LNG ships
entering Boston Harbour pass
within 500 feet of waterfront
On the other hand, the pro-
posed Ocean Cay facility would
lie nine miles from the nearest
population centre. In striving
for a truer picture, it is impor-
tant to compare like situations."
INTENTTO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, MODLIN PROPHETE
of Union Village, Nassau, Bahamas, intend to change my
name to MODLYN JASON VILLE. If there are any
objections to this change of name by Deed Poll, you may
write such objections to the Chief Passport Officer, P..Box.
N-742, Nassau, Bahamas no later than thirty (30) days after-
the date of publication of this notice.
NOTICE is hereby given that REYNOLD JEAN OF COWPEN
ROAD, GENERAL DELIVERY, 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
15th day of JULY, 2008 to the Minister responsible for Nationality
and Citizenship, PO.Box N-7147, Freeport, Bahamas.
Two dynamic people tojoin our team;
a dental and front office assistant.
Applicants should have the following
* Great leadership and organizational
* A good work ethic and an outgoing
* Computer skills are required
Qualified applicants can email their resume to
attention dental position: caribsuppliers.com
DEPARTMENT OF IMMIGRATION
The Department of Immigration wishes
to advise the general public that the
fee for processing applications has
increased from $25.00 to $100.00 with
effect from 1st July 2008.
YOUR CONEC THE WORLD
The Bahamas Telecommunications Company Ltd. (BTC) is pleased
to invite qualified Companies/Firms to submit a proposal to
provide the Company with General Insurance coverage. These
policies include Employers Liability, Money, Group Personal
Accident, Open Marine Cargo, Fidelity Guarantee and
Interested companies/firms may collect a Tender Specification
from the Security's Desk located in the Administrative building on
John F. Kennedy Drive, between the hours of
9:00 a.m. and 5:00 p.m. Monday through Friday.
The deadline for submission of tenders is on or before
July 22nd, 2008. Tenders should be sealed and marked
"TENDER FOR GENERAL INSURANCE"
and should be delivered to the attention of the
Executive Vice President.
BTC reserves the right to reject any or all Tenders.
www.btcbahamas.com I CALL BTC 225-5282
Ni ROYAL -aFIDELITY C 0ID 5IGE
C F A -IL"
BISX LISTED & TRADED SECURITIES AS OF .
MONDAY, 14 JULY 2008
BISX ALL SHARE INPEX: &CLOSE 1.821.42 I CHG 0.17 | %CHG 0.01 I YTD -245.33 | YTD% -11.87
FINDEX: ACLOSE 870.39 I YTD% -8.57% I 2007 28.29%
WWW.B7AfIAHAMAS.COM FOR MORE DATA & INFORMATION
:- .r- .'2ws.Lo Secur-ly Pre,.Ious Close Toda s Close Cnar.qe Daily '. EPS 1 Dv $ PE Yieal.
].io 1.51 Aoaco Markets 1.84 1 84 000 0 13E 0 000 13 6 0 OOl
11 80 11.60 Bahamas Property Fund 11.80 11.80 0.00 1.086 0.200 10.9 1.69%
9.68 9.30 Bank of Bahamas 9.30 9.30 0.00 0.643 0.160 14.5 1.72%
0.99 0.85 Benchmark 0.89 0.89 0.00 -0.823 0.030 N/M 3.37%
3.74 3.49 Bahamas Waste 3.49 3.49 0.00 0.209 0.090 16.7 2.58%
2 70 1.48 Fidelity Bank 2.35 2.35 0.00 0.055 Q.040 42.7 1.70%
14.10 10.60 Cable Bahamas 14.00 14.00 0.00 1.121 0.240 12.5 1.71%
3.15 2.35 Colina Holdings 2.88 2.88 0.00 0.046 0.040. 62.6 1.39%
8.50 4.80 Commonwealth Bank (S1) 7.00 7.00 0.00 268.797 0.440 0.300 15.9 4.29%
7.22 3.20 Consolidated Water BDRs 3.27 3.43 0.16 0.131 0.052 26.2 1.52%
300 2.25 Doctor's Hospital 2.85 2.85 0.00 0,308 0.040 9.3 1.40%
8.00 6.02 Famguard 8.00 8.00 0.00 0.728 0.280 11.0 3.50%
13.01 12.50 Finco 12.50 12.50 0.00 0.650 0.570 19.2 4.56%
14.75 11.65 FirstCarlbbean Bank 11.65 11.65 0.00 0.550 0.450 21.2 3.86%
6.10 5.05 Focol (S) 5.53 5.53 0.00 0.386 0.140 14.3 2.53%
1 .00 1.00 Focol Class B Preference 1.00 1.00 0.00 0.000 0.000 NIM 0.00%
1 00 0.41 Freeport Concrete 0.44 0.44 0.00 0.035 0.000 12.6 0.00%
8.00 5.50 ICD Utilities 5.50 5.50 0.00 0.407 0.300 13.5 5.45%
12.50 8.60 J. S. Johnson 12.00 12.00 0.00 1.023 0.620 11.7 5.17%
10 :*:. 1. 00 Premier Real Eslale 10I 1.r:0, 10 O. 0 O0 0. 180 0 000 5 6 OGO'01
Fidelity Over-The-Counter Securities
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ DIv $ P/E Yield
14.60 14.25 Bahamas Supermarkets 14.60 15.60 14.60 1.160 0.600 13.4 4.11%
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
O.FtJ u RND 'l-oan, s ?. ,:... .:, :. _, .0 z,. O3Cu NI. M 0 0
Collna Over-Tne-Counter Securities
41.00 41.00 ABDAB 41.00 43.00 41.00 J L'.'1 2 l l 9 :C 6 n
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1.160 0.900 13.4 6.16%
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.023 0.000 N/IM 0.00%
BISX Lisled Mulual Funds
52wk--. 52.PA-LC-A FLna Name NA. "TO LVast 1 r.1-ins Di.. I Ytel-t:
1,3231 1.2576 Collna Bond Fund 1.323145** 2.41% 5.21%
3 0008 2.7399 Collna MSI Preferred Fund 2.990639 -0.34% 9.15%
1 4020 1.3467 Colina Money Market Fund 1.401975"-- 1.96% 4.23%
3 7969 3.3971 Fidelity Bahamas G & I Fund 3.6007*" -5.17% 9.38%
122702 11.6581 Fidelity Prime Income Fund 12.2702".. 2.82% 5.73%
100,0000 100.0000 CFAL Global Bond Fund 100.00"*
100.0000 98.2100 CFAL Global Equity Fund 99.956603" -0.04% -0.04%
1.0000 1.0000 CFAL High Grade Bond Fund 1.00"-
10.5000 9.5611 Fidelity International Investment Fund 9.5611.** -8.94% -8.94%
1.0039 1.0000 FG Financial Preferred Income Fund 1.0039"""..
1 .0038 1.0000 FG Financial Growth Fund 1.0038 ....
1.0038 1 0000 FG Financial Diversified Fund 1 0038.-----
Markait Terms N A.V Key
BISX ALL SHARE INDEX 19 De 02 = 1.000.00 YIELD last 12 month divides divided by closi price a 31 Mach 2008
12wk-HI Highest closing price in last 52 weeks Bi S. Buy.ing pnce of Collna and F.deity 31 Decem-ber 2007
2wk-Low Lo. st closing pric In last 52 maeks Ak $ Selling price of Coll- and fidelity S 30 June 2008
rnvlous Close Previous day's weighted price for dally volume Last Prce Last traded over-the-counter price 31 April 200
1 ody/s Close Current days weighted price for daily volume Weekly Vol Trading volume of the prior wook 30 April 2008
ango Change in closing price from day to day EPS S A company's reported earnlns per share for the last 12 mths 2.... 27 June 2008
_Dily Vol Number of total shares traded today NAV Not Anset Value
DIV $- Dividonds per share paid In the lat 12 months NM Not Menningful
P/E Closing prico divided by the Ilt 12 11onth comings FINDEX The Fidolity Bahamas Stock Index Jenury 1, 1994 100"
() -for-1 Stock Spilt Effective Date 8/8/2007
TOt TR* fF CALL .-FAL 742s'E.0'- 7101 I FIDELI .t'-'r. f-7'- 7 P FO ,.- --l -FL ^. 0 .A r.E T5 42k-.39t-4000 I FOR MORE DATA & INFORMATION CALL 242-3B4-2503 -
THE TRIBUNE TUESDAY, JULY 15,2006, PAGE 5BB
DEPARTMENT OF IMMIGRATION
Listed hereunder is the new Immigration (Fees) (Amendment) (No. 2)
Regulations, 2008 which became effective on 1st July 2008. The public is
advised to take note of the changes.
Assistant Vice President
Chief Executive Officer
Chief Financial Officer
Chief Operations Officer
SCALE 2 FEES: 'I.GC.
Assistant General Manager
Certified Public Accountant
Chief Investment Officer
Credit Manager (Casino)
Data Processing Manager
Dining Room Manager
Directors of Activities
Director of Convention Services
Director of Engineering
Director of Entertainment
Director of Food and Beverage
Director of Golf
Director of Housekeeping
Director of Human Resources
Director of Interior/Design
Director of Laundry Services
Director of Promotions
Director of Recreational Activities
Director of Restaurants
Director of Rooms
Director of Safety
Director of Sales
Director of Security
Director of Spa
Director of Stewarding
Director of Surveillance
Director of Tennis
Director of Training
Employee Relations Manager
Estate Management Surveyor
Food and Beverage Manager
Front Desk Manager
Group Representative Relationship Manager
Group Sales Manager
Hotel Manager (400 Rooms plus)
Hotel Resident Manager (400 Rooms plus)
Human Resource Manager
industrial Relations Manager
Inventory Control Manager
Investment and Research Analyst
Landscape Architect/Landscape Design
Managers (excluding General Manager,
Project Manager, District Manager and
whose job title is stipulated in the fees
Manager Trust Department
Materials Control Manager
Meat and Deli Merchandise/Buyer
Personnel and Relations Manager
PIT Boss (Casino)
Power House Manager
Quality Control Specialist
Quantity Surveyor "
Real Estate Manager
Senior Administrative Officer
Senior Trust Officer
Senior Specialist, Industrial Relations
Special Inventory Controller
I r-JA-Ir-rDD i l JILJr o. AULI- I fbWWV
Assistant Food and Beverage
Assistant Manager (Administration)
Assistant Manager (Casinos)
Assistant Manager (Loans)
Estate Manager Supervisor
Sous Chef (including Executive
Air Conditioning Technician/
Air Traffic Controller
Aircraft Ground Equipment Specialist
Allied Health Care Professional
Assistant Bar Manager
Assistant Computer Programmer
Assistant Golf Professional
Assistant House Keeping Inspector
Assistant Investment and Research. Analyst
Assistant Maitre D' .
Assistant Trust Officer
Bank Operations Clerk
Charge Hand Rigger
Chef (including Pastry Chef)
Chef De Partie
Chief Securities Clerk
Dining Room Captain
Electrician Supervisor Foreman,
Foreign Exchange Clerk
Heavy Equipment Foreman-Supervisor
Hotel Housekeeping Inspector/Supervisor
Hotel Manager (200-399 Rooms)
Madne Mammal Coordinator
Real Estate Salesman
School Principal or Headmaster
Senior Cash Custodian
Sheet Metal Works-Foreman
Superintendent of Greens
Trainee Bank Administrator
Trainee Trust Officer
SCALE S FEES: $5,000
Accounts Receivable Supervisor
Air Condition Mechanic or Technician
Assistant Housekeeper (Hotel)
Construction (Skilled Labour)
Customer Relations Officer
Dry Cleaning Technician
Dry Wall Mason
Group Reservations Supervisor
Heavy Equipment Operator
Hotel Manager (100-199 Rooms)
PainterNV/Wall Finisher/Fabric Painter
IIMI II-IIINI- TU ESDAY --JL 1 20 P
Power House Operator
Safety and Fire Officer
Sheet Metal Worker
Steel Erector Reader
Welder/lroh Worker and all other
Tradesman or Technician not
otherwise specified in these Regulations
Artist (including Sign Painter,
Chief Telephone Operator
Diving Instructor/Scuba Diver/Diver
Head Storekeeper (Hotels)
Hotel Manager (50-99 Rooms)
Teacher (including Dance Teacher/
Assistant Night Supervisor
Auto Body Repair Helper
Bell/Captain-Head Bell Captain
Bookkeeping Machine Operator
Concrete Pump Operator
Credit and Collection Clerk
Dry Cleaning Assistant
Front Jesk Clerk-Cashier
Groomer (including Pet Groomer)
Hotel Manager (5-50 Rooms)
:Machine Operator (Accounting)
MVaster Charge Clerk
Reservations Machine Operator
Security Officer *
Telephone Operator I
Telex Agent Machine,Operator
Travel Agent Machine Operator
Assistant Bell Captain
Gentle Organizer (GO)
Live-in Maid and all other unskilled
workers not otherwise specified in
SCALE 8 FEES: $1,000
Farm Labourer for registered farmers
TUESDAY, JULY 15, 2008, PAGE 7B
THl- I HitSUNE
BTUJL ,0H B
* By Royal Fidelity Capital
IT was a quiet week in the
Bahamian stock market, with
investors trading in eight out of
the 19 listed stocks, of which
one advanced, two declined and
five remained unchanged. A
total of 61,501 shares changed
hands, a significant decline .of
54,632 shares or 47.04 per cent
compared to last week's trad-
ing volume of 116,133 shares.
Commonwealth Bank (CBL)
was volume leader for a second
consecutive week with 45,374
shares, closing unchanged at $7.
Colina Holdings (Bahamas)
(CHL) followed last week's
trading volume trend, coming
in second with 7,460 of its shares
trading, also closing unchanged
Doctors Hospital Health Sys-
tems (DHS) was market leader,
with 2,400 of its shares trading,
rising by $0.01 to end the week
,,, ,' I .,I) ( ln 1u I1ILN. I't, '\our choice for the
, ni. .,1 I. in it --. \ u I to participate in a poetry
Sii ,. "l .
S',.ni iut i5 bIX' original and should be entitled, i OhJy YOU
bdg ml e toy. I hey are to be written in 120 words or less.
!)hre are three entry categories:
(Students grades 1 thru 6)
(Students grades 7 thru 12)
(open to all adults)
' 'im should be submitted by email only to:
' leacs include your name, phone contact,
; an(d entry category.
Proof of age may be required on selection.
The winner of each category will receive a $150 gift certifical
lor the Christian Bookshop/Maranatha Music Centre.
IW A8, 2008
Celebrating 5 years
u.- ru-ational Markets
S(. '.'-14 +0.89
( x"C $960.60 +2.77
3;ita.d;il ,Stock Market Indexes:
D.1 .A 11,100.54 -1.67
S 1.239.49 -1.85
AI 2,239.08 -0.28
N ik 13.039.69 -1.50
The Tribune wants to
hear from people who
are making news in
Perhaps you are raising
funds for a good cause,
improvements in the
area or have won an
If so, call us on 322-1986
and share your story.
Your best chance EVER to get legal
Exclusivoffer from UGNUM
Buy your origInal AutoCA 2009
at a very Incredible pricel*
42 ft. Sailboat "Norois"
This vessel may be inspected by contacting the
Officer-in-Charge, Royal Bahamas Police Force,
Police Harbour Patrol Division, Bay Street between
the hours of 2:00 p.m. and 4:00 p.m., Monday to
Tender Forms for submission are obainable from
the office of the Financial Secretary, Ministry of
Finance, 3rd Floor, Cecil Wallace Whitfield Centre,
Cable Beach, Nassau.
Tenders should be submitted in SEALED
ENVELOPES to the office the Financial Secretary,
Ministry of Finance, Nassau, Bahamas.
The face of the envelope should bear the words:-
"TENDER FOR CONFISCATED VESSELL"
Tenders submitted with the foregoing should be
received by 12:00 noon, July 17th, 2008.
The right is reserved to reject any or all tenders
and the vessel is being sold "as is where is".
The successful bidder will, on making full payment,
assume all risks for the item sold and for making
arrangements for its removal within seven (7)
days after payment.
For vessels that are not registered in The
Bahamas, no guarantee is given as to their
eligibility for registration elsewhere.
Bank of the Bahamas Inter-
national (BOB) declined the
most last week, with 1,067
shares trading, down $0.07 or
0.75 per cent to close at a new
52-week low of $9.30. FOCOL
Holdings (FCL) also declined
with 4,200 of its shares trading,
lagging by $0.02 to close at
Bahamas Property Fund
(BPF) released its financial
results for the quarter ended
March 31, 2008. BPF reported
total income of $999,009, an
increase of 3.51 per cent from
$965,200 for the same period in
BPF's rental income grew
from $957,500 to $994,400, rep-
resenting an increase of $36,900
or 3.85 per cent. Net income
declined to $562,700 from
$640,800 for the same period in
the 2007 first quarter. Earnings
per share stood at .$0.23, a
decline of $0.03 or 11.54 per
cent from $0.26 for the same
period in 2007.
Private Placement Offerings:
FOCOL Holdings (FCL) has
extended the deadline for its
private placement offering. The
preferred shares will be paying
a dividend rate of prime + 1.75
* per cent, payable semi-annually.
Futures is a legally binding
'contract between a buypr and
seller in which they agree.to buy
or sell a commodity or finan-
cial instrument at a future date
at a pre-determined price.
Unlike an options agreement in
which the writer of the option
grants the buyer either the right
to purchase or sell to the writer
a financial instrument at a spec-
ified price within a certain time
period, with a futures contract
both parties are obligated to ful-
fill their part of the contract.
Additionally, both parties of a
futures contract have to execute
the contract on the settlement
The Bahamian Stock Market
BISX CLOSING CHANGE VOLUME YTD PRICE
SYMBOL PRICE CHANGE
AML $1.84 $- 0 10.84%
BBL $0.89 $- 0 4.71%
BOB $9.30 $-'0.07 1,067 -3.23%
BPF $11.80 $- 0 0.00%
BSL $14.60 $- 0 0.00%
BWL $3.49 $- 0 -4.64%
CAB $14.00 $- 150 ,16.18%
CBL $7.00 $- 45,374 -16.96%
CHL $2.88 $- 7,460 -8.57%
CIB $11.65 $- 0 -20.21%
CWCB $3.27 $+0.07 0 -35.12%
DHS $2.85 $+0.01 2,400 21.28%
FAM $8.00 $- 0 11.11%
FBB $2.35 $- 0 -11.32%
FCC $0.44 $- 0 -42.86%
FCL $5.53 $-0.02 4,200 6.76%
FIN $12.50 $- 350 -3.47%
ICD $5.50 $- 500 -24.14%
JSJ $12.00 $- 0 .9.09%
PRE $10.00 $- 0 0.00%
Consolidated Water Company's BDRs (CWCB) declared a
quarterly dividend of $0.013 per share, payable on August 7,
2008, to all shareholders of record date June 30, 2008.
J. S. Johnson & Company (JSJ) declared an interim dividend
of $0.16 per share, payable on July 16, 2008, to all shareholders
of record date July 9, 2008.
ICD Utilities (ICD) has declared a quarterly dividend of
$0.10 per share, payable on July 25,2008, to all shareholders of.
record date July 4, 2008.
Abaco Markets (AML) will be holding its Annual Gener-
al Meeting on Friday, July 18,2008, at 4pm at the Abaco Beach
Resort & Boat Harbour, Marsh Harbour, Abaco.
ICD Utilities (ICD) will be holding its Annual General
Meeting on Tuesday, July 22,2008 at 6pm at the Manor House,
Great Harbour Cay, The Westin Grand Bahama Island Our
Lucaya, Royal Palm Way, Freeport.
Benchmark (Bahamas) (BBL) will be holding its Annual
General Meeting on Thursday July 24, 2008, at 6:30pm at the
British Colonial Hilton Hotel, No.1 Bay Street, Nassau.
Fidelity Bank (Bahamas) (FBB) will be holding its Annu-
al General Meeting on Thursday July 31, 2008, at 6pm in the Vic-
toria Room at the British Colonial Hilton Hotel, No.1 Bay
Street, Nassau, Bahamas.
MINISTRY OF FINANCE
SALE BY TENDER
It is hereby notified that the undermentioned item
has been fortified to the Crown following breaches
of the Laws of The Bahamas and will be sold by
r for entry.
' i ,
" ,, _,, -
P",'-A 8B, TUESDAY, JULY 15, 2008