N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R BROADCASTCHAOS C M Y K C M Y K V olume: 106 No.271FRIDAY, OCTOBER 15, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SOMESUN, SHOWER HIGH 84F LOW 74F The Tribune THEPEOPLESPAPER BIGGESTANDBEST BAHAMASEDITION McCOMBO OF THE DAY N E W www.tribune242.com ZNS protesters invade newsroom and create ... NO NEWS ... IS BAD NEWS: Abandoned microphones symbolise the dispute. Demonstrators were successful at preventing TV and radio broadcasts. TOUGHTIMES: Supt. Ashton Greenslade was unable to put an end to the demonstration. Pictured immediately behind him is BCPOU president Bernard Evans. ANGRYSCENES: Enraged ZNS staff try to calm down a colleague after he was reportedly pushed by a woman manager. ZNS employees yesterday hijacked the newroom to prevent news broadcasts. OFFAIR OFFAIR OFFAIR 5 pm TVNEWS 6 pm RADIO NEWS 7 pm TVNEWS By PAUL G TURNQUEST Tribune Staff Reporter email@example.com THE FIRST of nine straw vendors arrested in New York city for trafficking in coun terfeit goods was sentenced to time served and ordered to leave the country within 24 hours. Before her sentence was handed down STRAW VENDOR SENTENCED SEE page seven INDUSTRIAL unrest spread across the capital yesterday, with unionised BEC workers walking off their job. Members of the Management Union of the Bahamas Electricity Corpora tion reportedly staged industrial action at their headquarters on Blue Hill Road. BEC Chairman Michael Moss said: I BEC S T AFF W ALK OFF JOB SEE page 15 NEW YORK The investment firm BMB Group said Thursday it has offered to buy resort developer Kerzner International Holdings for $3.4 billion in cash. Kerzner is a private Bahamas-based com pany owned by hotel magnate Sol Kerzner. It struggled in the past few years as the weak global economy hobbled the hotel KERZNER NOT FOR SALE SEE page seven BY NOELLE NICOLLS Tribune Staff Reporter firstname.lastname@example.org DESPITE pleas from top law enforcement officials to desist, enraged ZNS employees hijacked the newsroom yesterday afternoon, determined against all odds to prevent all news broadcasts. Demonstrators were successful at preventing the 5 oclock television news broadcast and the 6 oclock radio news from PHOTOS: Felip Major /Tribune staff SEE page sixteen
C M Y K C M Y K LOCAL NEWS PAGE 2, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The Centre for Digestive HealthWhat are you waiting for? Call for a Consultation 242.328.5550 I digestivehealthbahamas.com h e e d i d d i t . f o r r h e r if youre 40 to 100 pounds overweight and have tried cutting back, dieting even skipping meals, but still not losing the kind of weight you should, give us a call and learn about The Gastric Balloon treatment.This revolutionary outpatient procedure takes about 30 minutes to perform. It uses a flexible balloon that reduces your stomachs capacity, so you eat less
and finally lose that unwanted weight! TASTE 50 wines and feast your eyes on the work of 50 artists at the 20th Annual Bahamas National Trust Wine and Art Festival, set for noon to 6pm on Saturday, October 30.The gardens of "The Retreat", Village Road headquarters for the BNT, will be lined with art and wine rivalling the surrounding world famous collection of palms. Rusty Scates, wine director of Bristol Wines and Spirits, a major annual sponsor, said: "Last year we had a magnificent turn-out to taste our 50 wines, including numerous very knowledgeable visitors and an encouraging number of young Bahamians, keen to learn the pleasures of wine and the foods they compliment". This year's visiting suppliers include: Julian Inarra, Trivento Wines of Argentina and Alain Rivire of Chateau D'Esclans of France. The event will also feature the works of 43 artists in a variety of styles. New artists to the Festival include Susan Sargent, Eric Ellis, Tiffany Barrett, Quentin Minnis, Joann Bradley, Brigitte Bowyer Carey and many more. A silent auction of art will be held at the members preview, on Friday October 29, with the artists each donating a piece of their work. The sparkling star of the 20th Wine and Art Festival is Graham Beck Brut Sparkling Wine.Mr Scates advises that the other featured wines will come from: Mondavi, Trivento, Concha Y Toro, Lindemans, Boschendal, Georges Duboeuf, Cesari, Chateau D'Esclans, Graham Beck, Beringer, Ravenswood, Jekel, Sacha Lichine, Ferrari Carano, Napa Cellars, Fetzer, Five Rivers, Sanctuary, Antinori, Latour, Rosemount and Baron Philippe. "This event is one of our major fund-raising events each year and although we know the economy generally is down, we look forward to a great turn-out so that the numerous National Trust projects can proceed," he said. Admission is $20 for the public, $15 for BNT members, with accompanied children under 12 free. All admission goes to aid the conservation work of the BNT. Parking is available across the road at Queen's College. Wine, art, food, and fun ARTIST Marco Mullings is seen with several of his paintings on display at last year's Bahamas National Trust Wine and Arts Festival. ABOVE: David Larking, key account sales manager for Beringer, Chateau St Jean, Stags Leap and Souverain wines of California, is pictured (centre) at last year's BNT Wine and Arts Festival. With Mr Larking are Juan Bacardi, president of Bristol Wines and Spirits and Bristol Wines director, Rusty Scates (left). RIGHT: Happy smiles on the faces of servers of Concha y Toro Chilean wines, Edward Evans and Stacey Peterson attest to the favourable reception received from patrons at the 2009 BNT Wine and Arts Festival.
By MEGAN REYNOLDS Tribune Staff Reporter email@example.com A DOMINICAN fishing vessel and a crew of 33 men arrested for illegal fishing were brought into Nassau with their haul of fish and crawfish by the Royal Bahamas Defence Force yesterday. The 70ft steel hulled motor vessel "Adrian I" of the Dominican Republic was intercepted in the rich fishing grounds of Columbus Bank, east of Ragged Island in the southeast Bahamas, on Tuesday. United States Coast Guard Cutter Pea Island intercepted the boat with a Royal Bahamas Defence Force (RBDF) officer "shiprider" onboard. But as they boarded the Adrian I, some of the crew out fishing in several skiffs attempted to flee into international waters. The Coast Guard gave chase and apprehended 33 men, taking control of their boats and haul of seafood. The RBDF patrol boat HMBS Nassau took the vessel, skiffs and suspects to Nassau, and arrived at the Prince George Wharf at around 10.30am yesterday. Senior Lieutenant Carlon Bethel said the detainees would be turned over to the Immigration Department while the Attorney General's office prepared a case against them. The haul of crawfish and scalefish were turned over to the Department of Marine Resources. 33 men from Dominican vessel are accused of illegal fishing CLOSE WATCH: Dominican fishermen are escorted off HMBS Nassau after arriving at Prince George Wharf yesterday morning. C M Y K C M Y K LOCAL NEWS THE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By TANEKA THOMPSON Tribune Staff Reportertthompson@tribunemedia.net BEIJING, China Although viewed by many in the western world as an economic superpower, China considers itself a developing nation with many hurdles to overcome. Among these obstacles is the vexing problem of eliminating the vast wealth disparity between rich and poor, finding jobs for the tens of millions that are unemployed, and caring for an aging population that will soon place worrisome pressure on younger generations. According to a professor at China's Foreign Affairs University (CFAU) in Beijing, China is judged in the international community on its booming economy which boasts an estimated gross domestic product of over $5 trillion a year, with an annual increase of about 10 per cent over the last few decades. This places China's GDP among the top three in the world. The Unites States' GDP is number one. However when this GDP is divided by China's 1.4 billion population, it equals a per capita income of $4,000 a vast difference from the per capita GDP of the United States, which is $40,000. "So that's the reason why we say China is still a developing country," said Xiaojun Heng, a professor and vice president at CFAU. Mr Heng gave reporters a briefing on the national issues facing China during the first of a series of lectures scheduled over two weeks during China's state funded Professional Programme for Journalists from Caribbean Countries. China has the largest population in the world 1.4 billion people with about 90 million people living in Beijing, the country's capital city and political centre. More than half of the population, 750 million or 57 per cent, live in rural areas while 550 million or some 43 per cent live in urban areas. Those in rural areas grapple with very poor standards of living. "Life is still backwards there, more than half of China's population still live in the countryside, that's the reality. "So if you ask me what is the biggest problem for the country now, for the government to solve immediately, it is the disparity of the per capital GDP between the rich and the poor," Mr Heng said. "It is time for the richer people to help the poorer people, otherwise the disparity is too big and there will be social instability," said Mr Heng, adding that China's government takes this problem very seriously. Better healthcare and standards of living have also given rise to another social condition, an aging population which is placing great strain on national resources. It is estimated that there are more than 100 million senior citizens over the age of 65 living in China. "Aging is a problem, we need to have a sound social security system to take care of them," said the professor. In addition to these issues, China is also focused on changing its economic systems away from heavy reliance on exporting cheap labour and products to investing capital abroad and inventing technologically advanced goods. "Against the financial crisis the Chinese government wants to make a change in their structure, not just to make shoes or guns or toys. You need to increase the high tech value of your products. "This is the way to compete with the western world, otherwise you will always lose. You cannot just sell your cheap labour, natural resources. . we (must) aim higher high-end products, technology. "As we say, Caribbean countries and China, many countries, we all are developing countries who are faced with the big question that is development to improve people's lives," said Mr Heng. The university's journalist training programme runs until October 26. We say China is still a developing country' A government worker accused of soliciting cash from a passport applicant was arraigned in Magistrates Court yesterday. George Leon Barr, 28, of Pinewood Gardens, was arraigned before Magistrate Carolita Bethel in Court 8, Bank Lane. He was charged with soliciting an advantage as well as accepting an advantage. According to court dockets, it is alleged that between Wednesday, July 14 and Tuesday, August 17, Barr solicited an advantage of cash in the amount of $100 from Kimberly Burrows, without lawful authority, as an inducement to expedite the issuance of two e-passports. It is further alleged that on Thursday, August 19, Barr accepted an advantage of cash in the amount of $40 from Kimberly Burrows as an inducement to expedite the issuance of two e-passports. Four persons, including activist and former talk show host Lincoln Bain, are listed as witness in the matter. Barr, an employee at the Ministry of Health, pleaded not guilty to the charges. He was granted bail in the sum of $7,500. The case has been adjourned to February 3, 2010 at 2pm.Four men charged with theft of drums of gasoline from Police GarageFour men charged in the connection with the theft of four 55-gallon drums of gasoline from the Police Garage were arraigned in Magistrates Court on Wednesday. It was alleged that Rudolph Burrows, 57, of St Alban's Drive and Frederick Smith, 48, of Big Pond, stole four 55gallon drums of gasoline together valued at $928. Smith pleaded not guilty to the charge. Burrows did not appear in court for the arraignment as he is reportedly in hospital. Christopher Rolle, 33, Nehemiah Maycock, 54 and Olgan Moss, 39, are accused of receiving the stolen gasoline. The men pleaded not guilty to the charge. Government worker accused of soliciting cash from passport applicant RANDALEVANSBROWN By DENISE MAYCOCK Tribune Freeport Reporter firstname.lastname@example.org FREEPORT After surrendering to police, Randal Evans Browns was charged with murder in the Freeport Magistrates Court yesterday. Brown, 24, of No 24 East Indianman Road, appeared in Court One before Magistrate Debbye Ferguson. It is alleged that October 8, at Freeport, Grand Bahama he intentionally and unlawfully caused the death of 37year-old Denny Rolle while armed with an offensive instrument. Rolle's death is the seventh homicide for the year on Grand Bahama. Brown was not required to enter plea to the charge. The matter was adjourned to February 23, 2011. He was denied bail and remanded to Her Majesty's Prison, Fox Hill. Randal Brown charged with murder court BRIEFS Felip Major /Tribune staff
EDITOR, Tribune. Please publish this open letter to the Minister of Educat ion: Dear Sir, You may recall that, as the First Responder to your address to the Bahamian F orum in early September, I applauded your work and courage in dealing with theD epartment of Education's glaring slackness and inefficiencies. Then I discussed three long-term objectives...one was a Government-owned charter school operated by a pri v ate contractor that followed very specific principles. You said that the Department examined and discarded this option; but we could meet to examine the Department's s upporting data. N ow...there is plenty of U.S. data that is used by teachers unions, public schoolm anagers and their political allies against reform...reform t hat includes academic testing, school choice, educational vouchers and charter s chools. One book published i n 2000 concluded that investments in charter schools haven't led to wides pread innovation in educa tional programmes nor to better student achievement;t hey represent irresponsible a nd wasteful uses of public funds and are even harmful to students. The book never related 50-years of spending nor pervasive and powerful industrial-styled tradeu nions to academic achievement. The Coalition for Education Reform made a well documented publicly owned-privately operated charter prop osal to the Minister of Educ ation in July 2005 and repeated it in September 2007. Subsequently I released the Learning Crisis: A Bahamian Public Policy Essay in 2009 and four very a mateur videos that covered the three fundamentals. At the September Bahamia n Forum you made the first public rejection to the proposal. But...you should now r econsider your decision in light of the biggest public event in the struggle for edu-c ation reform. That is Waiting for Superman, a documentary just released by Paramount Pictures to national and international rave reviews. Waiting for Superman c onveys the message of education reform in the most compelling format presently available. The Ministry, the Department of Education and the Prime Minister owe the c ountry an informative r esponse. RALPH J MASSEY N assau, Friday, October 8, 2010 C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS 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 P ublisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES Switchboard (News, Circulation and Advertising A dvertising Manager (242 Circulation Department (242 Nassau Fax: (242 Freeport, Grand Bahama: 1-(242 Freeport fax: (242 WEBSITE w ww.tribune242.com updated daily at 2pm IT WILL be a long time before Jamaica recovers from the harm done its reputation by Christopher Dudus Coke, known to his supporters as a public-spirited businessman, but to his detractors as Jamaicas most notorious criminal. While Coke sits ina New York jail cell awaiting his day in court to deny charges of dealing in drugs and weapons, Prime Minister Bruce Golding is desperately fighting in Jamaica to disassociate himself and his government from the Coke affair. Jamaicas former national security min ister Peter Phillips was probably not far off the mark when he described Coke leader of Jamaicas notorious Shower Posse, founded by his father as possibly the most pow erful man in Jamaica. Although now in a US prison cell his reputation, like Caesars ghost, still haunts Jamaicas politics and threatens the fortunes of several Jamaican politicians for the way in which his extradi tion case was handled. According to an AP report Prime Minis ter Golding announced Tuesday that a commission of inquiry will be formed soon to probe his government's handling of a U.S. extradition request for the alleged drug kingpin. During an address in Parliament, Prime Minister Golding said the membership and terms of the new inquiry will be made pub lic in coming days. He said the panel would also look at the hiring of a lobbying firm to contest the U.S. extradition request for Coke, who the U.S. Justice Department listed as one of the world's most dangerous drug lords. Church groups, civic organizations and the island's opposition have been calling for a commission of inquiry to be established for months, arguing that Golding's explanations for the Coke affair didn't answer many nagging questions. "We need a commission of inquiry to get the truth, the whole truth and nothing but the truth. I wish it would have been earlier, but I don't want to make the good the enemy of the best," said Trevor Munroe, a political scientist at the University of the West Indies. The prime minister's handling of the case, in particular his authorization of a U.S. firm to lobby Washington to drop the extradi tion request for Coke, provoked an outcry that threatened his political career. In recent days, ruling party insider Harold Brady added to the pressure on Golding by publicly disputing the prime minister's claim that he didn't act as government leader in the hiring of the U.S. lobbyists, the Los Angelesbased firm Manatt, Phelps & Phillips. Brady's allegations were detailed in a letter warning Golding of a libel lawsuit. Golding said in a nationally televised address in May that he regretted bringing in the lobbying firm in Coke's case, but insisted he acted only in his capacity as head of the Jamaica Labour Party, not as prime min ister. The prime minister stonewalled the U.S. extradition request for nine months, claiming the indictment relied on illegal wiretap evidence. His stance strained relations with Washington, which questioned Jamaica's reliability as an ally in the fight against drug trafficking. Golding, whose Parliament district includes Coke's West Kingston slum strong hold, came under heavy public pressure and finally agreed to send Coke to the U.S. as questions rose about the reputed drug kingpin's ties to the governing party. A hunt for Coke in the slums led to four days of fighting in May that killed 73 civilians and three security officers in West Kingston slums. Coke was captured on June 22 and sent to the United States days later. Now jailed in New York, Coke has pleaded not guilty to charges that he trafficked drugs to the eastern United States and funneled profits and weapons back to Kingston,a city with one of the highest homicide rates in the Western Hemisphere. Opposition leader Portia Simpson Miller described Golding's decision to launch an inquiry as "a significant first step on the long road to reposition Jamaica in the eyes of the world as a country where the rule of law is paramount." Simpson Miller, who was prime minister before Golding's Labour Party won 2007 elections, said the affair had damaged Jamaica's reputation and caused "real pain, anguish and anxiety to our citizens." Warren McDonald, a director of the local chamber of commerce, said he was confident the government's panel will answer Jamaicans' questions about the Coke affair. "We expect that they will come out with the entire story and clear the air," McDonald told Radio Jamaica. An open letter to Minister of Education LETTERS email@example.com Dudus Cokes shadow still over Jamaica (/&,(%(/,=$,5(RI0,//6 &5((./1&29,1*7*$ EDITOR, The Tribune. Please print the following letter that I h ave sent to: M r. David Burrows, Cable Bahamas Freeport, Grand Bahama D ear Mr. Burrows, My intention is to write to the local and n ational newspapers, but in fairness to Cable Bahamas, I was asked to write to you first. Kindly accept this letter as a formal com plaint to Cable Bahamas regarding its prog ramming. I refer to the Oxygen Channel and specifically to a programme called The Bad Girls Club, which on a daily basis serves up a m enu of sex, drinking, obscene language and fighting geared obviously toward teenagers and young adults. This programme, I think, does more to negatively impact young people, than any thing else I have seen on TV. I am personally offended by what I see and although my teenage granddaughter is forbidden to watch this channel, there are times when the TV is inadvertently left on and the programme changes from what is allowed to what is disallowed. I call on the executives of Cable Bahamas to view this channel, exercise corporate responsibility and do what is right. I personally do not subscribe to censor ship, but I do believe in morals, particularly as it applies to our youth. I spoke with Cable Bahamas' office man a ger in Freeport and was told that Cable Bahamas has a contract with the Oxygen Cable Channel and is not responsible forp rogramming. He did however encourage me to purchase a top box digital device that would allow me to monitor or even block anything I deemed offensive. This to me, is a stock response, indeed a cop-out, because at the very least Cable Bahamas should make an effort to monitor what is being shown on its cable stations and act responsibly. I await your response. RALPH MUNNINGS Freeport, Grand Bahama, Bahamas, October, 2010. Offended by The Bad Girls Club
T HE Bahamas has welcomed its second resident ambassador from the R epublic of Haiti, as both countries look to formalise agreements on agriculture a nd trade. In a ceremony at Governm ent House on Thursday, G overnor General Sir Arthur Foulkes accepted Letters of Credence fromt he new ambassador, Antonio Rodrigue. Ambassador Rodrigue r eplaced Louis Harold Joseph, who served for eight years. A farewell reception was held on Monday. Sir Arthur underscored the importance of diplomat-i c ties between the Bahamas and Haiti, which were established in 1977. The Bahamas values the cordial relations between our two countries and looks forward to a strengthening of our close relationship. The Bahamas and Haiti share long-standing and broad linkages founded on common aspects of our history, he said. F or these reasons, the Bahamas will continue to ensure that the diplomatic,e conomic, social and cultural relations that bind thec ountries are further strengthened and consolidated, Sir Arthur said. As members of the glob a l community and the Caribbean Community (CARICOM countries share many of the s ame challenges. At the same time, we h ave the highest aspirations for the development and p rotection of our societies a nd our world. Importance To this end, we both recognise the importance of our active participation in multilateral fora, he said. The Governor General regarded Ambassador Rodrigues pledge to worka rduously to strengthen m utual friendship and understanding as a testimo ny to the smooth transition i n the formal conduct of r elations as Haiti is engaged in national reconstruction f ollowing the January 12 earthquake. Your experience as a c areer diplomat and your d irect familiarity with some of the major donors for your country and those with tra d itional ties to Haiti augur well for success in our multilayered relations, Sir Arthur said. Ambassador Rodrigue, 56, said he was honoured to have been appointed to thep ost. By entrusting upon me this great and important mission to the governmento f the Commonwealth of the Bahamas, President Ren Prval wishes thus to confirm the continuity and d epth which characterises the ties uniting our two c ountries and our people, h e said. T he ambassador went on to point out the potential for developing commercial rela t ions of vital importance to both countries in this time of financial crisis. To this end, the Bilateral Framework Agreement and the Memorandum of Understanding for the Exchangeo f Agricultural Goods, w hich both governments are in the process of negotiat ing, once concluded, could c ontribute enormously, he said. I commit myself to working with fervour to bring the t ies of friendship between our countries even closer. I am certain that I will be able to count on your support and the support of the government of the Bahamas in order to achieve t his goal, the ambassador s aid. Mission A mbassador Rodrigue is a lso Deputy Permanent R epresentative at the Permanent Mission of Haiti to the Organisation of Ameri can States in Washington, DC. He previously served in Venezuela, at the United N ations in New York, in F rance and in Switzerland. Ambassador Rodrigue o btained a Bachelor of Arts d egree in Political Science w ith a major in International Relations; he studied Human Resources Manage-m ent at University of Ottawa, Canada; had special training at the Diplomatic Academy of Brazil; and pursued American Studies at the Academic Institute at Princeton Univ ersity, New Jersey. A mbassador Rodrigue is m arried to Martha Sajous Rodrigue and has one child. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Anentrepreneurialspirit,originalthinking,andapassiontosucceed. If you haveit,wewant you We are growing! Fidelity Bank invites applications for the position of:ABSOLUTELY NO PHONE CALLS PLEASE SUBMIT BEFORE October 22nd, 2010 to: HUMAN RESOURCES Re:SystemAdministrator, 51FrederickStreet P.O.BoxN-4853|Nassau|F:328.1108 firstname.lastname@example.orgDuties & Responsibilities:Reporting directly to the Group CIO, the successful candidates main duties and responsibilities will be: administering securityRequirements / Qualifications: Minimum 2 years experience in application support in a financial institution A competitive compensation package will be commensurate with relevant experience and qualification. Fidelity appreciates your interest, however, only those applicants short listed will be contacted.SYSTEMADMINISTRATOR THE National Developm ent Party announced yesterday that it will hold a series of debates on November 17 to determine who will hold the partys leader andd eputy leader posts. In order to ensure that t here is enough time for vetting and the like, the NDPs Steering Committee said that all members who have an interest in seeking thep osition of leader or deputy leader of the NDP must forward their biography to Arlington Cox by email no later than October 17. Furthermore, members w ho put their names forward for leader and deputy must appear before theE xecutive Steering Commit tee on Monday, October 18, t o receive the results of the v etting exercise. Following the official v etting process, a general meeting will be held on Thursday, October 21, at 6.30 pm at which time persons who have successfully c ompleted the vetting process will be required to be formally nominated by t wo members of the NDP. Once the nomination process is completed, all m embers in the leader and d eputy leader races may use w hatever campaign strategy they wish to convince memb ers of the NDP to support their candidacy for leader or deputy leader, the partys aid. N oting that the party itself is still in the building stage a nd that persons might wish t o discredit other opponents during this stage, the Steer ing Committees chairman, M r Cox said that at all times one must promote the party they want and could be e lected to lead. NDP plans debates on leader and deputy posts The Bahamas gets new Ambassador from Haiti ( B IS Photo: D erek Smith) LETSSHAKEONIT: Governor General Sir Arthur Foulkes, left, accepts Letters of Credence from Antonio Rodrigue, Ambassador of the Republic of Haiti to the Commonwealth of the Bahamas.
By ADRIAN GIBSON email@example.com NOW that the wretched state of some of the roads on New Providence is being addressed, the lawlessness of the drivers on these roads is nothing short of a freefor-alla travesty.Today, while a major road works programme is being undertaken, many of the streets of New Providence are littered with potholes, patchwork and random bulges caused by paltry repair jobs, large unmarked dugouts left by shoddy utility workers, sunken manholes, carelessly constructed speed bumps that are more comparable to a hillock and garbage and bushes that have gradually crept into the more unkempt roads. Personally, I've changed several tyres on my vehicle this year due to the outrageous conditions of the roads in our capital city. Frankly, driving on these streets is nightmarish and if my vehicle is further damaged by falling into another deep pothole or due to some other road-related hazard, the Ministry of Works can rest assured that either legal action in the tort will be initiated and/or my mechanic's bill will be submitted to them! A few years ago, two friends from Europe visited me for several weeks. Honestly, I was embarrassed by the shabby state of our roads, particularly as I could see them physically cringe as I navigated our chaotic streets. What's more, I found myself attempting to travel routes with the best road work, however, at that time, even this, was near impossible. According to the InterAmerican Development Bank (IDB): "The surface transportation system of New Providence Island consists of 1,000 miles of roadways, the majority of which are paved. Of this total, 200 miles of roadway provide the basic arterial roadway function carrying the majority of the peak traffic. Pavements of the main road network are generally in adequate condition, with sufficient funds for maintenance being annually allocated in the annual budget. A limited road hierarchy exists. Some roads are of a better standard, but these are not connected, nor properly signalized. Most major roadways, especially in the intensely developed eastern and central parts of New Providence Island are narrow, and without proper designed intersections, and have uncontrolled access, poor right of way definition, few pedestrian facilities, and inadequate traffic control. The capacity of this network is far from adequate for existing traffic, let alone for the additional traffic volumes that can be expected in the medium term." As a country, it is imperative that we put greater effort into not only constructing but in also maintaining our roads. We must ensure that roads and bridges are efficiently built, purchase and erect signs and functioning street lights, and continuously maintain and clean our roads. Furthermore, with all the money being spent for ongoing road works, why hasn't anyone thought to also construct a few overpasses on New Providence? On a trip to Holland sometime ago, I learnt that Dutch road traffic authorities ensure that drivers are protected because when a vehicle's car insurance is expiring, insurance companies are also authorized to automatically deduct monies to renew a policy from the policy holder's bank account. While I'm sure there would be many Bahamians who would object to this, something must be done about the throngs of uninsured drivers who daily traverse our streets and endanger others without any insurance. In Holland and several other European countries, cars that are smoking and are poorly kept or that have broken or malfunctioning lights, windshield wipers, seatbelts, horns or brakesupon inspectionare banned from the streets. Not only can a driver seen in a neglected vehicle be hit with lofty fines, but it is mandated that all vehicles over three years old must have a safety check every year. We should immediately adopt these policies in the Bahamas! Driving in New Providence is a deranged, death-defying experience that residents embark upon daily. When in traffic, many drivers act like lawless lunatics, from creating a new lane and driving down the middle of two-lane streets to madly hurtling in and out of corners to stopping and holding up traffic to chat! What compounds the outlandish traffic situation in New Providence is the mayhem caused by malfunctioning street lights; pedestrians thoughtlessly running across vehicles at any point on the road, without any regard for a driver; motorcyclists without protective gear sashaying in and out of traffic; and imbeciles who jeopardize people's lives by driving under the influence of alcohol and/or narcotics! Why aren't any bicycle paths being created alongside the newly constructed roadways? The government must immediately put legislation in place that categorizes the different types of driver's licenses, seeking to have drivers qualify for each. In developed countries such as Holland, there are separate driver's licenses for people who drive cars, ride motorcycles, who drive big rigs, drive buses, operate heavy machinery (e.g. tractors), and drivers must meet the criteria to drive a vehicle that tows a caravan. In striving to implement first world initiatives in the Bahamas, we must immediately find solutions to the maddening traffic dilemma. Every day, Bahamians waste hours in traffic, burning fuel, manoeuvreing through short cuts, acting out with road rage and simply praying that their cars won't be hit. According to IDB, on New Providence, the high traffic volume has resulted in "traffic (moving) at average speeds estimated at less than one quarter of (the) normal speed" during peak hours, for example, between 7.30am and 9.30am. Sometimes, it is no wonder that some Bahamians can be late for work or meetingsbut that's no excuse for those Bahamians who tend to operate on "island time." Why has it become a norm that inconsiderate bus drivers can brazenly stop anywhere on congested streets to offload passengers? It is hightime that a unified bus system be introduced, that is, one that will not only curb the dollar-driven rat race between bus drivers, but also be organized to the point that people would feel confident about catching buses and parking their vehicles. With fuel prices soaring, both the public and bus drivers/franchise holders can gain from an efficiently run, well-timed busing system. Maybe with such a system, bus drivers will then learn to arrive on time and stop at designated bus stops. The IDB report on the transport sector in the Bahamas further states: "The approximately 400 public buses in service are privately owned and operate under individual licenses on 23 routes. Ineffective regulation results in excessive competition on popular routes and leaves much of the rest of the Island with poor and infrequent service." Moreover, studies show that 80 per cent of New Providence's population commutes by car as public transport is not seen as a favoured or safe mode of transport. The industry as it exists today is not only unsuitable to offer a real alternative to travel in private vehiclesbut is also plagued with lawlessness and a disregard for safety. That said, when will the long-touted unified bus system ever see the light of day? Whatever happened to the proposed business plan and the much promised draft legislation that would enable the system to be put in place? On an island with an ever increasing population, the traffic situation can also be curbed by constructing schools, in future, at different population centres throughout New Providence in order to reduce the rush hour traffic on certain streets during the school year. There is also a pressing need for a properly managed busing system. To encourage road safety, as former Road Traffic Controller Jack Thompson once proposed, a four-pronged approachthat is, education, engineering, proper legislation and enforcementmust be undertaken. Indeed, the authorities must first address the psyche of the Bahamian people through further edification on road safety, but also by sending a strong message through stringent, pitiless enforcement of the law. We must also remember too that true road safety cannot come without safe roads and significant upgrades, while ongoing in certain areas, are desperately needed! C M Y K C M Y K LOCAL NEWS PAGE 6, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Anentrepreneurialspirit,originalthinking,andapassiontosucceed. If you haveit,wewant you We are growing! Fidelity Bank invites applications for the position of:ABSOLUTELY NO PHONE CALLS PLEASE SUBMIT BEFORE October 22nd, 2010 to: HUMAN RESOURCES Re:AutomationSpecialist, 51FrederickStreet P.O.BoxN-4853|Nassau|F:328.1108 firstname.lastname@example.orgDuties & Responsibilities:Reporting directly to the Manager, Information Technology, the successful candidates main duties and responsibilities will be: Preparing procedures manuals for the automated functions Requirements / Qualifications: A competitive compensation package will be commensurate with relevant experience and qualification. Fidelity appreciates your interest, however, only those applicants short listed will be contacted.AUTOMATIONSPECIALIST The public road system: A driving nightmare YOUNGMAN'SVIEWADRIANGIBSON
C M Y K C M Y K LOCAL NEWS T HE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM B aha Mar Ltd has secured a new hotel brand to operate a nd manage one of its six planned resorts. Y esterday, the development company confirmed that Morgans HotelGroup signed a letter of intent making it the third hotel brand to join the project. Morgans Hotel Group is expected to operate and manage the planned 300-roomluxury lifestyle hotel. The partnership with Morgans Hotel Group comes following a decision pre-v iously announced by Baha Mar to shift its strategy away from aligning with a single family of hotels, towards one thata llows it to work with multiple, best-in-class brands. We are truly excited to have Morgans Hotel Group manage and operate Baha Mars lifestyle hotel. The Morgans Hotel executive team immediately saw the vision of our project and the opportunity of raising its flag in The Bahamas, said Don Robinson, President, Baha Mar. Morgans Hotel Group has been a great partner with us throughout this process and we welcome them to be part of this onei nthe-world destination resort. M organs Hotel Group is known for its well-received p roperties in major international destinations, including the D elano and Shore Club resorts on Miami Beach; the Mond rian in Los Angeles and South Beach, Miami; St. Martins L ane and the Sanderson in London; Morgans, Hudson and the Royalton in New York City; and Clift in San Francisco. Morgans Hotel Group added Ames in Boston to its port folio in November of 2009 and will open Mondrian in SoHo in early 2011. Together with an equity partner, Morgans Hotel Group also owns the Hard Rock Hotel & Casino inLas Vegas. T he new strategy gives Baha Mar an opportunity to feature the very best brands for each of the different highend hotel segments planned for the property.The strategy a lso affords Baha Mar the ability to reach a broader set of c ustomers based on the sales and marketing and loyalty p rogrammes of each brand, said Baha Mar executives. Baha Mar recently announced that it will be partnering w ith Rosewood Hotels & Resorts to manage and operate the p ropertys 200-room luxury hotel. Baha Mar expects to announce the brand selected forits convention hotel in the coming week. Baha Mar secures new hotel brand to run one of six planned resorts and resort industry worldwide. It laid off hundreds of employees at its Atlantis resort in the Bahamas and is undergoing debt restructuring. Kerzner spokeswoman Jennifer Glaisek confirmed in an e-mail that the company received the unsolicited letter from BMB. "But Kerzner is not for sale," she said. BMB believes the company's resort properties have "significant potential," especially in Asia and it supports Kerzner's Atlantis resort in Dubai. BMB said it's unlikely it will keep Kerzner's casino assets for the long term. BMB is an investment and advisory firm with high net-worth clients, including ruling families and sovereign investors from the Middle East and Asia. Kerzner is not for sale FROM page one LANDMARK: The world-renowned Atlantis resort on Paradise Island, which is a huge tourism draw. by Judge Richard J Sullivan, Tracy Davis pleaded with the court for mercy. She said she was very sorry for what she had done. Having already pleaded guilty to the offence on October 5, Davis was sentenced to the time she served in jail days await ing trial and released with two years supervised leave. As part of her sentence, Davis was ordered to leave the United States within 24 hours. Present at yesterdays proceedings, Fred Mitchell, the Opposition spokesman on Foreign Affairs, said it was quite an emotional scene in the court room as Davis husband and four-month-old child were also at the hearing. The judge said he was quite moved by the letters of support he had received on behalf of Mrs Davis, including one from Pastor TG Morrison, and one from Mrs Davis own pastor, Reverend Newal McDonald, Mr Mitchell said. With the US federal laws stating the offence carries up to six months in prison, Judge Sullivan opted to admonish the straw vendor and ordered her not to do it again. Mr Mitchell said: I am pleased, and our party is pleased about the outcome for Mrs Davis. The governments lawyer was present in the court room and so was the Bahamas Consul General, and I have to say that the Consul General did quite an extraordinary job in keeping on top of this issue. But the complicating factor is the governments responsibility in the enforcement of the laws which have to do with intellectual property, and it is simply unfortunate that these women are the vic tims of a state-to-state issue, and the law should not have been used to victimise them. Mr Mitchell said he hopes the other straw vendors will receive a similar lenient sentencing. Straw vendor sentenced to time served, ordered to leave US within 24 hours FROM page one
C M Y K C M Y K LOCAL NEWS PAGE 8, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM PROSPECTUS THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2015, 2017, 2019 AND 2030 ISSUE OF B$100,000, 000.00 FINAL preparations are underway for Memories A String of Pearls the 30th anniversary celebration for the Grand Bahama Childrens H ome on Friday, October 15 at Our Lucaya. We will be bringing to Grand Bahama a spectacular celebration of wonderful food, fantastic entertainment and a whole lot of fun all to benefit our children, said Lesley Baptista, executive committee m ember. Guests can expect a welcome glass of wine courtesy of Bristol Cellars, a menu of hot and cold hors douerves, specialty stations and desserts prepared by Our Lucaya, a show-stopping performance from the original stage production Aint Misbeh avin directed by Gloria McGlone, an show of jewellery modelled by reigning Bahamian beauty queens and a raffle of prizes including artwork donat-ed by Chantal YE Bethel and Claudette Dean. Organisers are encouraging attendees to get into the spirit o f the specially themed Memories a String of Pearls with black or white attire and, of course, pearls. The celebration will wrap up with dancing to the tunes of MLD Productions. We were overwhelmed that Chantel YE Bethel and Claudette Dean have both contributed beautiful artwork for us to raffle, said organiser Geneva Rutherford. We also have four sets of jewellery, gift certificates and other surprises we have a full listing on our Facebook and website page. We hope this will add to our success on the night. T he Childrens Home committee member Sarah Kirkby said: Come on out and have a wonderful evening and help us raise much needed funds every ticket every donation every bit helps us take care of these children over 2,000 of whom have found a safe haven a t the Grand Bahama Childrens Home over the past 30 years. Tickets are $75 in advance, $80 at the door, and can be purchased at The Seventeen Shop, Barefoot Marketing, the Grand Bahama Chamber of C ommerce, The Grand Bahama Port Authority, Le Rendezvous Restaurant in the International Bazaar, and Vopak. The venue will be the crescent pool at Our Lucaya and in the unlikely event of inclement weather the festivities will be moved indoors to L ighthouse Point. Final preparations underway for Memories A string of Pearls to benefit GB Childrens Home SPECTACULAR: Artwork will be a feature of the anniversary celebration. BEAUTIFUL: Prize artwork.
C M Y K C M Y K LOCAL NEWS T HE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM A nentrepreneurialspirit,originalthinking,andapassiontosucceed. I f you haveit,wewant you We are growing! F idelity Bank invites applications for the position of:ABSOLUTELY NO P HONE CALLS PLEASE SUBMIT BEFORE October 22n d, 2010 to: HUMAN RESOURCES R e:AssistantNetworkAdministrator, 51FrederickStreet P .O.BoxN-4853|Nassau|F:328.1108 c email@example.comD uties & Responsibilities:R eporting directly to the Manager, Information Technology, the successful candidates m ain duties and responsibilities will be: Ensuring LAN backups are performed daily Maintaining inventory of all PCs, hardware, software and related equipment on a regular basis Creating network and exchange profiles for authorized users Troubleshooting technical and operational problems of users Performs general maintenance on equipment weeklyRequirements / Qualifications: Associates degree in Computer Science or related field MCP qualification Proven database management skills Basics of IP technology & PBX integration Ability to support AS/400A competitive compensation package will be commensurate with relevant experience and qualification. Fidelity appreciates your interest, however, only those applicants short listed will be contacted.ASSISTANTNETWORKADMINISTRATOR By DENISE MAYCOCK T ribune Freeport R eporter d firstname.lastname@example.org F REEPORT Lady F oulkes and State Minister for Social Development Loretta Butler-Turner were given a tour of the Grand Bahama Childrens Home on Wednesday. The Home is observing i ts 30th anniversary this y ear and a special event h as been planned for Frid ay, October 15, to celeb rate the milestone. L ady Foulkes and Minister Butler-Turner will also attend the event Memories A String of Pearls to be held at Our Lucaya Resorts crescent pool. L esley Baptista, Executive Committee Member of the Grand Bahama Child rens Home, said that a m ajor highlight of the e vent is to have Lady Foulkes, wife of Governor-General Sir ArthurF oulkes as a patron, and Minister Butler-Turner as a special guest. T he money raised from t he event will benefit the Home, which has cared for more than 2,000 children in the past 30 years. M s Baptista said there will be good food and entertainment. Guests Guests at the event can expect a welcome glass ofw ine courtesy of Bristol C ellars, a menu of hot and cold hors doeuvres, specialty stations and desserts prepared by Our Lucaya. There will be a performance from the original stage production of Aint Misbehavin directed by Gloria McGlone, a show of jewellery modelled by reigning Bahamian beauty queens, and a raffle with many prizes, including art work donated by Chantal Y E Bethel and Claudette Dean, and many other giftsand gift certificates. The MLD Productions will provide musical entertainment. Persons attending the event are encouraged dress for the themed Memories a String of Pearls with black or white attire and pearls. Geneva Rutherford, a committee member of Grand Bahama Childrens Home, said the committeeis grateful to persons and corporations that have contributed to the event in support of the Home. We were overwhelmed that Chantel YE Bethel and Claudette Dean have both contributed beautiful art work for us to raffle. We also have four sets of jewellery, gift certifi cates and other surprises we have a full listing on our facebook and website page. We hope this will add to our success on the night, she said. The committee is urging residents to support the event and help raise funds. Tickets can be purchased at The Seventeen Shop, Barefoot Marketing, the Grand Bahama Chamber of Commerce, The Grand Bahama Port Authority,Le Rendezvous Restaurant in the International Bazaar, and Vopak. In the event of inclement weather, organisers said the festivities will be moved indoors to Light house Point. Lady Foulkes and Minister ButlerTurner visit GB Childrens Home TOUR: Loretta B utler-Turner
YOUNG Bahamian students got a unique insight into how the ocean functions as a n atural resource. O n October 13, the Mini stry of the Environment and the American Embassy sponsored a special showing of Disneys Oceans at the Galleria Cinemas in theM arathon Mall for various p rimary school students in New Providence. The Bahamas is very important and the oceans are very important. We live in 100,000 square miles of connected waters and our Great Bahama Bank f eeds the whole of the Weste rn Atlantic with fish, grouper, conch, lobster, turtles and sharks, said Earl Deveaux, Minister of the Environment. Our coral reef, the Great B arrier Reef of Andros, and the rest of the reefs along Abaco and the rest of the islands account for five percent of the carbon thats stored in the world. Gasped T he children giggled and gasped as they watched the film highlight life in the ocean and the dangers beneath its surface. The film experience also s ensitised them to the effects o f climate change and the benefits of renewable ener gies. I really hope you enjoy this film and take away from it the importance of your c ountry and how it contributes to the world. Please enjoy the film and thank you so much for coming, said Dr D eveaux. Jefferson Dubel, the deputy Chief of Mission at the American Embassy, also addressed t he students on behalf of US Ambassador to the Bahamas, Nicole Avant. T he joint sponsorship b etween the Ministry of the Environment and the US Embassy is expected to raisea wareness, start conversation, and lead ultimately to concrete plans to improve the p lanet and to push toward renewable energies. Schools in attendance were: N aomi Blatch Primary, W oodcock Primary, Gambier Primary, Claridge Primary, Oakes Field Primary and StA nnes Primary. C M Y K C M Y K LOCAL NEWS PAGE 10, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Have you heard the good news? You CAN save money!Ask NIBA for a motor insurance quote! Not only do you pay less with NIBA,you receive cover thats hard to beat and a claims service that doesnt keep you waiting! Its time to pay less for insuring your car!Tel.677-6422 or visit www.nibaquote.com NASSAU INSURANCE BROKERS AND AGENTS LIMITED Atlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Tel.677-6422 www.nibaquote.com Open Saturdays10.00am2.00pm Anentrepreneurialspirit,originalthinking,andapassiontosucceed. I f you haveit,wewant you W e are growing! F idelity Bank invites applications for the position of:ABSOLUTELY NO PHONE CALLS PLEASE SUBMIT BEFORE October 22nd, 2010 to: HUMAN RESOURCES Re:ManagerInformationTechnology, 51FrederickStreet P .O.BoxN-4853|Nassau|F:328.1108 email@example.comDuties & Responsibilities:Reporting directly to the Group CIO, the successful candidates main duties and responsibilities will be: Managing the overall IT functions of the Fidelity operations in The Bahamas Working in conjunction with the regional IT departments Developing and maintaining IT procedures and security manual for The Bahamas operations Assisting the CIO in managing project plans and ensuring that project deadlines are met Weekly reviewing user profiles and passwords and deleting them as necessaryRequirements / Qualifications: Bachelors degree in Computer Science or related field MCSE certified Industry certifications such as CISSP or CCNA would be an asset or other financial institution Proven project management skills A competitive compensation package will be commensurate with relevant experience and qualification. Fidelity appreciates your interest, h owever, only those applicants short listed will be contacted.M ANAGER,INFORMATIONTECHNOLOGY 1$+20,( 1,&2/$6 Bahamian students attended first showing of Disneys 'Oceans' MINISTERIALREMARKS: Minister of the Environment Earl D eveaux addressed an audience of primary school students and their teachers at a joint sponsored showing of Disneys Oceans at the Galleria Cinemas. EXPECTATION: Students wait patiently for others to arrive at Galleria C inemas so they could enjoy the wonderful experience and drama of l ife beneath the oceans surface. ADDRESS: US Embassy representative Jefferson Dubel spoke briefly with students and their teachers. PHOTOS: Gena Gibbs /BIS
C M Y K C M Y K LOCAL NEWS T HE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 15 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM VISITTHESTOREONOCTOBER16THFORASPECIALCOACHMADISONEVENT303BAYSTREET,NASSAU COACH MADISON GATHERED LEATHER LARGE SOPHIA NO. 16264 FOR A COMPLETE STORE LISTING PLEASE VISIT WWW.COACH.COM h ave heard that there may have been a demonstration at the compound however, I have not been able to confirm that as yet as Ive been tied up at ZNS. Union officials also could not confirm details of the strike. L ate last night, BEC released a statement which read: The corporation has held recent discussions with the unions executive team. During the last meeting, additiona l information was requested from the union and this inform ation was just provided last week and is now under review. The corporation welcomes further discussion with the Bahamas Electrical Utility Managerial Union as we seek to formalise a new Industrial Agreement. The corporation will continue to work with the unions executive team so that an agreement will be made in the best i nterest of all parties. Unionised BEC staff walk off job FROM page one DEMONSTRATION : Unionised BEC workers demonstrate on the grounds a t their headquarters on Blue Hill Road. INDUSTRIAL UNREST SPREADS ACROSS THE CAPITAL PAUL HAVEN, Associated Press Writer HAVANA Tropical Storm Paula brought winds and heavy rain to the Cuban capital on Thursday, turning some low lying streets into shallow rivers, bending palm trees and sending waves crashing against the city's famed Malecon sea wall, though there were no reports of serious damage. With the storm losing steam by the hour, Cuban officials said they were optimistic it would not bring a repeat of the devastation wrought by three monster storms that hit in 2008. The U.S. National Hurricane Center in Miami said Paula had maximum sustained winds of 55 mph (90 kph about 25 miles (40 kilometers would take it near the coastal resort area of Varadero. The storm was moving east at about 14 mph (22 kph casters projected it to continue moving along Cuba's northern coast. Tropical storm force winds extended about 70 miles (110 kilo meters) from the center, mostly north and east of the center. A heavy rain poured down on the capital as dusk fell, and the sea, which had been as flat as a plate, quickly turned violent and frothy. Power was knocked out or switched off in most of the city, a normal precaution when winds are high. Waves crashed against the Malecon, and some streets were inundated with a foot or two of water. The capital took its punishment after the storm passed over western Pinar del Rio, turning rutted country roads into redbrown, muddy quagmires, and lashing humble homes, rural schools and thatched tobacco-drying huts with wind. A Category 2 hurricane the previous day, Paula lost strength as it crawled along the island's northwestern coast and was downgraded to a tropical storm in the morning. The island's chief meteorologist, Jose Rubiera, said the storm would likely continue losing strength and become a tropical depression. "The future of Paula is to keep moving eastward and weaken in the coming hours," he said. Tropical Storm Paula hits the Cuban capital
going on the air. At 7 oclock anchor Jerome Sawyer started the newscast, h owever, after only 15 minutes, which had only reported on the current dispute, a fire alarm could be heard ringing in the background. Mr Sawyer interrupted his newscast and said it would be right back. However, up until press time it had not returned. I nside ZNS, angry workers spared no effort in trying to sabotage persons who were still trying to prepare for the nights newscast. The demonstrators appeared ready to bunker down for the night. They kicked off a party on the newsroom floor with music, drinks and dancing. Do not accept anymore foolishness from the ZNS board. No more! No more! cried Moses Cargill, a ZNS employee. He said the board was giving the workers crumbs and telling them to carry your hip. Clint Watson, anchor for the 5 oclock newscast, was bom barded by union members as he was descending the stairs to read his script. The members took the script from him and tore it up. When he attempted to reprint it, the enraged workers reportedly pulled out the plug of the print er. Each time he tried to recon nect it, they disconnected it. After Supt Ashton Greenslade of the Wulff Road police station, and Edwin Light bourne, general manner of the Broadcasting Corporation of the Bahamas (BCB t hem to clear the newsroom, union leaders locked themselves in closed-door deliberations to discuss their options. However, minutes before the 7 oclock newscast was due to be aired, Assistant Commis sioners of Police Glenn Miller and Hulan Hanna were still pleading with employees to move to Studio B in order to clear the newsroom for the broadcast. They responded by raising a chorus of We shall not be moved! However, they eventually gave in. But up until 9pm ZNS had still not broadcast the evening news. The demonstrators had demanded a list of staff who were going to be let go from the corporation in its downsizing exercise. By the Tuesday afternoon deadline more than 30 employees had accepted vol untary separation or early retirement. A board meeting was supposed to held yesterday to determine the fate of those who were not to be retained. The union was not satisfied with the severance pay and were demonstrating to make certain that those who leave get their just due. On Wednesday they had demanded the list of names of those who were to be dismissed. The dissent, was said to result ed from the boards failure to meet the deadline. They could not finish what they wanted to do. They did not even address the issues we presented to them. They promised us the list (yesterday and still there is no list. Now they are saying give them more time. How can the people sleep with that? asked Bernard Evans, president of the Bahamas Communication Pub lic Officers Union (BCPOU Mr Evans insisted the government should have a better answer than they do not have the money. He said some of the members make less than $20,000 a year, and it would be a drop in the bucket for the government to compensate them more. Mr Lightbourne said the board did not expect the situation to escalate to this level, but he is confident their process was fair and inclusive of the workers. What they said was the board has started the process of placing names to the posi tions. They started the process (yesterday They want us to give them until 10 am today, but this is the eleventh hour. They have been talking about this for years, said Denise Wilson, BCPOU general secretary. It has been done callously. You are talking about turning people, who have been on the same job for over 25 years. They did not even conduct one exit interview. They are just throwing them out without preparing them. It is so sad. That is why the people are in such disarray. They should have been looking at files months ago; sitting with the human resources department, looking at the employment history of workers. If they did that they would have been able to say with jus tification their position on (reassigning and disengaging workers), said Ms Wilson. Up to press time, members of the Royal Bahamas Police Force were trying to negotiate a peaceful end to the demonstra tion. Another protest is anticipated today with the Bahamas Hotel Union and the NPTU pledging their support. C M Y K C M Y K LOCAL NEWS PAGE 16, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM strength in numbersHoward Knowles newly appointed General Manager, FG Insurance Agents & Brokers.Patricia Hermanns, President of FamGuard, has announced the appointment of Howard Knowles to the position of General Manager, FG Insurance Agents & Brokers. Mr. Knowles is an Associate of the Chartered Insurance Institute (ACII. He has a wealth of experience in commercial and property & casualty insurance; underwriting; sales & marketing; and training & development. He serves as Vice Chairman of the Bahamas General Insurance Association and is a founding member of the Insurance Professionals Association and the Insurance Institute of The Bahamas. Inhisnewrole,Mr.Knowleswillleadthedeliveryof FGInsuranceAgents & Brokers new product offerings home, auto, marine, commercial, and liability insurance. The FamGuard group of companies welcomes Mr. Knowles to the Company. FINANCIAL CENTRE EAST BAY & CHURCH STREETS, NASSAU, BAHAMAS I T 242-396-1300/1400 I www.famguardbahamas.com A SUBSIDIARY OFHoward Knowles,ACII, Chartered InsurerGeneral Manager, FGIA&B ZNS protesters create broadcast chaos FROM page one SIGNSOFOUTRAGE: Protesters wave placards to show their feelings. HEADLINE NEWS: Staff read a copy of yesterdays Tribune. H ANDSONAPPROACH: T he body language is clear. FED UP: Workplace woes. PHOTOS: Felip Major /Tribune staff
By NEIL HARTNELL T ribune Business Editor Despite Kerzner Interna tional (Bahamas ating last night that the Atlantis and One & Only Ocean Club owner was not for sale, a former Chamber of Commerce president said the $3.4 billion c ash offer to acquire the firm worries me, as it was uncer tain whether any prospective suitor would continue treating the Bahamas and Paradise Island as the Crown Jewel. Reacting a day after it was r evealed that BMB Group, a firm with connections to the Brunei Royal Family, had made an unsolicited cash offer to Sol Kerzner to acquire Kerzner International Holdings, Dionisio DAguilar said it had awak ened a long-held fear he harboured about Paradise Islands long-term future. Pointing out that Sol Kerzner was no longer a young man, and that the tragic death of his son, Butch, had damaged suc cession planning at the company, Mr DAguilar said his main concern was, if the firm ended up being sold, whether any future buyer would have the same commitment to and focus on the Bahamas. Boy, that worried me, Mr DAguilar said of the $3.4 bill lion all-cash offer from BMB Group, which manages money for wealthy families in Brunei, Malaysia and the Persian Gulf. Thats always been a worry of mine. I was always fearful of the fact that the countrys tourist product hinged on the well-being of Sol Kerzner. Hes been very good for the Bahamas, and is an enormous contributor to our gross national product. But I always say: Whats the end game? Whats going to happen? Hes not a young man, and with the tragic death of Butch, unfortunately, that was the succession plan. My big fear is that Kerzner gets sold to another company who does not see Atlantis and the Bahamas as the Crown Jewel. I am fearful, because if such a company was to pur chase Kerzner, they may begin to bleed the Atlantis properties to fund the new Crown Jewel. Mr DAguilar added: Kerzner is committed to the Bahamas, has made a signifi cant investment here, and Atlantis is the Crown Jewel. By being the Crown Jewel, Sol strokes it, looks after it, keeps it in tip top shape and looks to expand it, all of which is good for the Bahamas. If the Atlantis property stops being the Crown Jewel of the new owner, that will be bad news for the Bahamas. The former Chamber president expressed particular concern that a US-based company, such as MGM or Harrahs, would seek to acquire Kerzner and C M Y K C M Y K SECTIONB firstname.lastname@example.org FRIDAY, OCTOBER 15, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $4.19 $4.20 $4.22 secure future leave your children nancially secure provide a safety net for your loved ones ensure a bright future for your familyall of the above A MB ESTA-ExcellentFinancialStrengthRating call us today at 396-1355 A SUBSIDIARY OFNASSAU I FREEPORT I ABACO I ELEUTHERA I EXUMA I FINANCIAL CENTRE I CORPORATE CENTRE I www.famguardbahamas.com By NEIL HARTNELL Tribune Business Editor Bahamas First Holdings $15 million bond issue has closed several days early after being heavily oversubscribed, thec ompanys president and chief executive yesterday describing this as showing a significant degree of confidence in theg eneral insurers future prospects. C onfirming that the general insurance holding company h ad been forced to halt acceptance of funds several days before todays official close, Patrick Ward indicated that the $15 million issues successful completion was likely to be thef inal key step in international insurance credit rating agency, A. M. Best, removing its review with negative implications of the firms financial strength rating. A sked by Tribune Business whether the $15 million bond o ffering had been heavily oversubscribed, as capital market sources suggested, Mr Ward confirmed: Thats correct. Were basically trying to wrap up all the details associated Insurers $15m offer heavily oversubscribed Bahamas First Holdings says bond issues close ahead of deadline shows significant degree of confidence in general insurers prospects A. M. Best rating review now likely to be removed, with Bahamian firm always very confident current status would be renewed PLUM PROPERTY: The famous Atlantis in Paradise Island. Crown Jewel fears over Kerzner offer SEE page 4B Atlantis and One & Only Ocean Club owner: Kerzner is not for sale SEE page 2B By NEIL HARTNELL Tribune Business Editor Leading food distributor, Bahamas Food Services, will today conclude a merger with fellow wholesaler Prime Bahamas, acquiring the latters inventory and assets, plus taking on most of its 52 staff, its proprietor telling Tribune Business: Im tired of the fight. Garland Evans, who built Prime Bahamas into one of the Bahamas leading wholesalers over the past 26 years, yesterday said the tough economy, combined with him running BFS in Prime merger deal n Bahamas Food Services to acquire fellow wholesalers assets and inventory, plus take on most of its 52 staff n Prime owner says he would have been forced to let a lot of people go if deal not done, and says move brought about by tough economy and him being tired of the fight n Real estate sale-and leaseback deal done for Marlin Marine property on East Bay Street with Harborside Marine; business not sold SEE page 3B By ALISON LOWE Tribune Staff Reporter email@example.com A "big bang effect" for renewable energy in theB ahamas and the Caribbean at large was predicted as a result of the gathering of 270 policymakers, technology providers, entrepreneurs, utility companies and financiers at Atlantis, along with a shortterm financial boost for the hotel itself in a traditionally slow month. Caribbean Renewable Energy Forum chairman and organiser, Bahamian Jerry Butler, a nd other foreign participants in the forum said the second annual gathering of stakehold ers from throughout the Caribbean and beyond to dis cuss the challenges and opportunities presented by renewable energy has created a "buzz" that will result in the striking of some high-level renewable energy deals. However, participants stressed the need for governments to take a lead role in pushing policies and legislation that will support and promote Big bang effect for r enewable energy SEE page 6B A leading Bahamian realtor yesterday said a merger with the most visible realtor on Exuma was intended to make us both better. Confirming that Coldwell Banker Lightbourn Realty was to merge its Exuma operation with Dillycrab Realty, giving the combined entity five brokers and agents on the island, Mike Lightbourn, the formers president, said: Were excited about it, because they were the most visible company in Exuma, and we will be joining their experience with ours. Praising Dillycrab Realtys principal, Judy Hurlock, Mr Lightbourn said the merger would make things better for both of us when things pick up, and hopefully along the way we will get some people good deals and everyone will be happy. The aim is to make everyone bigger and better. Itll make us both better. There are a lot of buying opportunities there, as with everything else. If youre interested in investing, nows the best time we think. There are so many over-priced properties that have been for sale for years. Mr Lightbourn said Coldwell Banker-Lightbourn Realtys current office opposite the Peace & Plenty Resort would be closed, and the operationm ove into Dillycrabs premises at No.6 Jimmy Hill, Great Exu ma. Dillycrab Realty has served the Exuma market for more than five years and will now offer customers products and services exclusive to the Coldwell Banker system. Programsi nclude Previews International and Coldwell Banker Vacation Homes. Through a very creative and hard working approach, Dilly crab Realty has built a strong reputation as the first name in Exuma real estate. The bene ficiary is ultimately the real estate customer. We are very happy to have Dillycrab Realty as a part of our team, said Mr Lightbourn. Real estate merger to make us both better By ALISON LOWE Tribune Staff Reporter firstname.lastname@example.org The creation and implementation of a legislative frame work to support the entry of renewable energy providers into the Bahamas should swift ly bring with it a "dramatic shift" in electricity generation, along with "clean tech jobs" and environmental benefits, according to a former US politician credited as a "national leader on energy policy" by President Barack Obama. Will Wynn, former two-term Mayor of Austin, Texas, said it would appear that the only major obstacle to an influx of renewable energy technology into the Caribbean and the Bahamas is the absence at the policy and legal level of conditions would facilitate such activity. Mr Wynn spoke yesterday as a participant at the Caribbean Renewable Energy Forum 2010 at the Atlantis resort. CREF brings together stakeholders in renewable energy to discuss the Renewable rules of game needed SEE page 2B
challenges and opportunities involved in the transition from fossil-fuel dependence to a renewable energy future. In an interview with The Tribune after speaking on a panel discussion on bringing together renewable energy providers and traditional utilities, Mr Wynn said the Caribbean, including the Bahamas, has the bittersweet advantage of having already-high electricity costs which means more renewable technologies can be "sold" to consumers as economically viable than would have been the case in the city which he formally represented, where electricity costs averaged around a "low" nine cents per kilowatt. "In Texas one of our dynamics is that our electricity costs are so low that it's quite difficult to have a significant amount ofr enewables inserted into your energy portfolio. The dynamic t hat I'm aware of in the Caribbean and the Bahamas is that there is a much higher electricity cost, usually because of the diesel-generated electricity, that there seems to be so much more opportunity finan c ially to come in with wind, solar and tidal and storage and e fficiency programs, Mr Wynn said. "I happen to believe that the reason why there's so much energy in this room (the forum is that with relatively high electricity costs, with the potentially volatile oil supply and uncertainty of any number of issues, renewable energy becomes so much more attractive." Mark Tippett, president of North Star Development US, an international renewable energy development firm, agreed, stating that the "eco nomics for renewable energy in the Caribbean are clearly sol id. "There's a huge gap in some cases between what it costs to produce energy now and how it can be produced by renewable energy sources. The challenge is the pace at which that transfer occurs," he said. Speaking at the forum on Wednesday, Phillip Weech, chairman of the Government's National Energy Policy Com mittee, provided an update on that group's activity, revealing that it has just submitted its latest draft report on a proposed National Energy Policy for the B ahamas which would promote renewable energy and energy efficiency to the Government for its consideration. The report includes suggestions for policy and legislative changes to enhance the conditions for increasing the penetration of renewable-sourced energy into the Bahamas energy matrix, noting that the committee would wish to see 15 per cent and 30 per cent penetration of renewables in the Bahamas by 2020 and 2030 respectively. It was suggested that as soon as the Government approves the report, its recommendations on energy sector reform could be implemented in between eight to 18 months, setting the Bahamas up to position itself to speed up the renewable transition. Phenton Neymour, minister of state for public utilities, told the forum that the Government was in the process of reviewing the existing legislation governing the energy sector with a view to making the changes necessary to accommodate more renewables. "We are looking at the possibility of changing the entire Act and creating a Renewable Energy Act," noted Mr Neymour at the forum, adding thata fund to ease access to financing for homeowners and businesses to set up their own renewable energy systems was also being considered at present. Mr Tippett said concretising the "rules of the game" surrounding the entry of renewable energy providers will be key to speeding up the transition to renewables. C M Y K C M Y K BUSINESS PAGE 2B, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 7KLV 127,&( LVLVVXHGWKH,QVSHFWRURI)LQDQFLDODQG &RUSRUDWH6HUYLFHV,QVSHFWRUfSXUVXDQWWRLWVDXWKRULW\ XQGHU6HFWLRQRIWKH)LQDQFLDODQG&RUSRUDWH6HUYLFH 3URYLGHUV&KDSWHU7KH6HFXULWLHV &RPPLVVLRQRI7KH%DKDPDV&RPPLVVLRQfZDV DSSRLQWHGDVWKH,QVSHFWRURQ-DQXDU\DQGLVWKHUHIRUH UHVSRQVLEOHIRUHQVXULQJDOOSHUVRQVRSHUDWHLQDFFRUGDQFH ZLWKWKHZKLFKSURYLGHVIRUWKHOLFHQVLQJDQGUHJXODWLRQRI )LQDQFLDODQG&RUSRUDWHHUYLFHURYLGHUV)&63Vf 7KH,QVSHFWRUDGYLVHVIXUWKHUWRLWV1RWLFHRIGDWHG W K 6HSWHPEHU1RWLFHfZKHUHLQXQOLFHQVHGRSHUDWRUV ZHUHGLUHFWHGWRLPPHGLDWHO\FHDVHDQGGHVLVWRSHUDWLQJDQG ZHUHJLYHQWKLUW\GD\VWRUHSRUWWRWKH,QVSHFWRU$VSDUW RILWVRQJRLQJHIIRUWVWRUHJXODULVHSHUVRQVZKRPD\UHTXLUH D )&63OLFHQVH WKHJHQHUDOSXEOLFLV+(5(%<$'9,6(' WKDWWKHWKLUW\GD\SHULRGJLYHQLQWKH1RWLFHLV H[WHQGHG DQRWKHUWKLUW\GD\VFRPPHQFLQJIURPWKHGDWHRI \ \ f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
out of gas, had led him to accept what he described as a very fair offer from Gladstone Road-based, Bahamas Food Services, to create a new, enlarged wholesaling force. Mr Evans told Tribune Business that he had given his personal commitment to Prime Bahamas 52 staff that he would continue to employ them, despite the firm having to grapple with a pincer movement of rising costs and lower sales. He added that if he had not accepted Bahamas Food Services offer when he did, he would have been forced to release a lot of people. The staff were notified on Tuesday that we are doing a merger on Friday with Bahamas Food Services, and that they are taking on our staff, inventory and assets, Mr Evans confirmed. Interviews for all Prime Bahamas staff were pretty much done, and all long-serving employees some of whom had been with the company throughout its 26-year history would be offered a position with Bahamas Food Services. Those who had been with the wholesaler for a very short period may or may not go, and Mr Evans said: Bahamas Food Services has been very good about trying to accommodate everyone. Acknowledging that the arrangement with Bahamas Food Services had been a difficult decision to make, given that many Prime Bahamas employees had become like family to him, Mr Evans said the combined company would hopefully gain economies of scale and synergies that would enhance competitiveness and enable it to weather the current recession. Asked about the reason for pursuing this deal, Mr Evans said: The economy is very difficult, and weve seen our expense costs continue to go up. And he added: Im tired of the fight, running out of gas and worried about the staff. Having pledged to do his utmost not to lay-off any employees, Mr Evans told Tri b une Business: If we had not made this deal when they offered it, I would have had to tell a lot of people to go. It wasa very fair offer. Asked about the general economic environment facing the Bahamian wholesale industry, Mr Evans said: I see it as being very difficult. I have a lot of friends in the business, and the indications are that everyones feeling the pinch. Its been tough for me and tough for friends in the industry. He added that it was likely to become even tougher, telling this newspaper that there were a lot of new players in the marketplace, such as Robin Hood and Phils Food Services, who were selling a lot of product below cost something Prime Bahamas could not compete with. He added that a confidentiality agreement prevented him from disclosing terms of the deal or the purchase price being paid by Bahamas Food Services, but confirmed that the company would continue to use Prime Bahamas East-West Highway headquarters for storage and warehouse space. Thats correct, Mr Evans said. I will keep my office there, and act as a consultant to try and make the transition smooth. Asked whether there was likely to be further consolidation in the Bahamian wholesale industry, Mr Evans said he was not aware of any such moves, but nothing would surprise me. Neither Don Carnine, Bahamas Food Services general manager, nor Glenn Pritchard, head of its Tropic Seafood affiliate, returned Tribune Businesss calls seeking comment. Meanwhile, Mr Evans confirmed to Tribune Business that he had concluded a sale-and-leaseback deal for the East Bay Street real estate upon which Marlin Marine sat. Emphasising that Marlin Marine, the operating business, had not been sold, Mr Evans explained that they had leased back, for 12 months, the portion of the property upon which the companys building sat until its operations could be moved to the next-door Bayshore Marina. Confirming the real estate sale to Harborside Marine, Mr Evans said: We have sold the property Marlin Marine sits on. We have property next door at Bayshore Marina. Were going to lease back the building portion of it for 12 months until we get something in place to move Marlin Marine to Bayshore. Business is very tough, Mr Evans added. Its a very expensive piece of property to sit on. The offer was right, so we made the decision to go ahead. C M Y K C M Y K BUSINESS T HE TRIBUNE FRIDAY, OCTOBER 15, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM FROM page 1B BFS in Prime merger deal
with that. The closing date is officially tomorrow, but we had to shut it down way ahead of that. It shows there is quite ab it of liquidity in the marketp lace, and theres a significant degree of confidence in Bahamas First. That was generally reflected from the way the offering was oversubscribed. M r Ward told Tribune B usiness that the offerings proceeds, likely to be slightly less than $15 million once associated legal fees, plus placement agent and advisoryc osts were accounted for, w ould be used for general c orporate purposes. We have a number of things in mind, but I dont want to be specific about them at this stage, Mr Wards aid. Rival Bahamian insurance industry executives had previously suggested to Tribune Business that Bahamas First Holdings needed to raise the$ 15 million in new capital to bolster its cash position and deal with accounts receiv-a bles, plus finance its Sagicor G eneral (Cayman tion and ensure the A. M. Best review ended. All these suggestions, though, were answered or denied by Mr Ward. I nstitutional and high-net worth investors bought into Bahamas First Holdings bond issue, he confirmed to Tribune Business. When asked whether the proceeds w ould expand the general i nsurers capital base, and allow it to absorb the increased risk portfolio asso-c iated with the Cayman deal, Mr Ward added: All of these things are factored into our c alibration when we plan our r equirements. A. M. Best placed Bahamas First Holdings financials trength rating of A(Excellent), and issuer credit rating of a-, under review with negative implications due to the S agicor General (Cayman deal, with the ratings agency wanting to assess how the t ransaction would be financed, and the implications for the Bahamian insurers continuing operations and market capitalisation. M r Ward yesterday told T ribune Business that Bahamas First was very confident its ratings would be renewed by A. M. Best, adding that the company was n ow just waiting for their views on the current rating. T he credit rating agency was now compiling all the information necessary to make a decision, and Mr Ward said: I suspect theyw ere waiting to see how this issue was going to go, because we told them we planned to d o it. Outcome History has shown that when there is a material event affecting a company, their p osition has always been to a wait the outcome before they give their decision. They were aware this was some-t hing we planned to do, and that the outcome would influence how the company was p erceived in the marketp lace. A nd he added: We were always very confident that the r ating for Bahamas First would be renewed without any changes whatever. A s previously reported by T ribune Business, Bahamas First Holdings prospectus for the $15 million offering said the company was projecting an 80.5 per cent increase in year-over-year net compre h ensive income to $7.598 mil lion for its 2010 financial year, boosted by a forecast $2 mil l ion contribution from its new Cayman Islands acquisition. The general insurance holdi ng company is also predicting t hat net comprehensive income will increase again in its 2011 and 2012 financial years, rising by 23.6 per cent year-over-year to $9.391 million in the former, and againb y 5.5 per cent to $9.904 mill ion in the latter. Items of interest disclosed by the offering memorandum included the predicted contribution to the company's 2 010 bottom line from its acquisition of a 75.24 per cent s take in Sagicor General (Cayman Cayman First Insurance, plus Bahamas First Holdings purchase of a majority stake inB ahamian insurance agency, General Brokers & Agents (GBA Bahamas First Holdings acquired a 75.24 per cent equity interest in CaymanF irst Insurance on June 17, 2 010, but the transfer of interest was effective from January 1, 2010," the insurance company's placement document said. "All 2010 benefits of trading inure to the Bahamas FirstH oldings Group, which is budgeted at $2 million net income for 2010. "In August 2010, the Board of the Insurance Commissiona pproved Bahamas First H oldings' application for the additional purchase of 27 per cent of the shares of General Brokers & Agents (GBA "As a result, Bahamas First Holdings now owns 57 per cent of the total outstandings hares of GBA." Bahamas First Holdings also served notice of an impending new listing for the Bahamas International Securities Exchange (BISX plans to list the $15 millionw orth of bonds on the e xchange some 12-18 months after issuance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fDVGHQHGE\ PDQDJHPHQW 7HFKQRORJ\XVHUVZLWKLQWKHVFRSHRIUHVSRQVLELOLW\PXVWEHGHYHORSHGWRHQDEOH XVHUIRFXVHGGD\WRGD\VXSSRUWRISULPDU\EXVLQHVVV\VWHPV (QVXUHVHFXUH,7RSHUDWLRQVE\LPSOHPHQWLQJDQGPDQDJLQJWKH*OREDOt+RWHO ,7HFXULW\ROLFLHVDLQWDLQGDWDEDFNXSLQWHJULW\DQGNHHSFXUUHQW&RQWLQJHQF\ t 'LVDVWHUHFRYHU\SODQVDQGZRUNZLWKKRWHORSHUDWLRQVGHSDUWPHQWVWRGHYHORS PDLQWDLQDQGWHVW%XVLQHVV&RQWLQXLW\SODQVSHUWDUZRRG+RWHOVtHVRUWV SXEOLVKHG,QWHUQDO$XGLWWDQGDUGV 6NLOOVt$ELOLWLHV 0XVWEHDEOHWRVSHDNUHDGZULWHDQGXQGHUVWDQGWKHSULPDU\ODQJXDJHVfXVHGLQ WKHZRUNSODFH 5HTXLUHVJRRGFRPPXQLFDWLRQVNLOOVERWKYHUEDODQGZULWWHQXVWSRVVHVVEDVLF FRPSXWDWLRQDODELOLW\ 0XVWEHDEOHWRSHUIRUPDYDULHW\RIGXWLHVRIWHQFKDQJLQJIURPRQHWDVNWR DQRWKHURIDGLIIHUHQWQDWXUHZLWKRXWORVVRIHIFLHQF\RUFRPSRVXUH $ELOLW\WRIRFXVDQGPDLQWDLQDWWHQWLRQWRSHUIRUPDQFHRIWDVNVDQGWRZRUNDQG FRPSOHWHDVVLJQPHQWVRQWLPHGHVSLWHIUHTXHQWVWUHVVIXOHPHUJHQF\FULWLFDORU XQXVXDOLQWHUUXSWLRQV $ELOLW\WREHUHVRXUFHIXOFUHDWLYHDQGPDLQWDLQH[LELOLW\ 4XDOLFDWLRQVt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nsurers $15m offer heavily oversubscribed F ROM page 1B
the introduction of renewable energy generation and efficiency. Yesterday, minister of state f or the environment and public utilities, Phenton Neymour, participated in one of CREF's panel discussions on The Utility Debate: Towards a Match Made in Renewables The panel, which included the former mayor of Austin, Texas, William Wynn, who was credited with greatly advancing his city's commitment to renewables and energy efficiency, and Peter Williams, the managing director of Barbados Power and Light Company, focused on the issues involved in integrating renewable power generation sources into the traditional and often monopolistic national utilities. Mr Neymour described "marrying" the traditional utility, such as the Bahamas Electricity Corporation (BEC new renewable power generation sources as one of "the real challenges" of pushing forward renewable energy penetration in The Bahamas. The real challenge is the difficulty for a monopolistic utlity experiencing change, he said. Where a company moves from a position of certainty, from equipment they are familiar with to produce energy, and they understand the logistics, to moving to renewable energy where we now have to deal with purchase agreements (between BEC and the renewable providers), the uncertainty of provisional energy (such as wind) and the potential unpredictability of the supplier." In a welcome address, Prime Minister Hubert Ingraham stressed his government's commitment to the goal of reducing reliance on oil imports and enhancing the Bahamas energy efficiency in light of a realisation of the financial and environmental costs associated with a business-as-usual approach to its total reliance on fossil fuels for power. He said his government realises the Bahamas has "vast but untapped" renewable resources potential, but noted that application of those technologies can be hindered by "structural, geographical, financial or economic" barriers. Mr Ingraham said that significant data gaps in the energy sector are being addressed through IDB-funded studies, and the Bahamian government is "beginning to make measured strides towards shaping a more energy efficient future". Participants then launched into a series of panel discussions on a variety of issues relating to the implementation or not of renewable energy in the Caribbean, including access to financing for renewable projects at the regional, multi-lateral levels and through private equity; the array of technolo-g ies now available for implementation in the region and a more focused discussion on waste-to-energy as a renewable technology. Speaking about the concept behind the forum in an interview with The Tribune, Mr Butler said: "I created what I thought would be an event where renewable energy deals would get done, and the ministers who are invited would see the only impediment would be that they had to take the lead and introduce the legislative initiative that can make it happen." "There's a big bang theory I conceived where I believe that if you brought together legislators, who create the enabling environment for renewable energy; utiility heads and owners, who provide the majority of energy on the grid; financiers, who are willing to fund these projects purely based on the fact that they know they can make money and technology providers,with technology that's tried and tested, and you put them all together in a room and add some entrepreneurial spirit and a lot of best practice and know-how, then you would create a kind of buzz where deals get done and the Caribbean would benefit." Mr Butler said that a number of Bahamian participants, including engineers and entrepreneurs, attended the event, which comes to a close today, gaining exposure to the variety of technologies available as well as the best practices at work at other utility-level power generation companies. These people have been exposed and they can interracta nd learn and leap frog, and say: Why can't The Bahamas do this? said Mr Butler. C M Y K C M Y K BUSINESS PAGE 6B, FRIDAY, OCTOBER 15, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.261.00AML Foods Limited1.011.010.000.2500.0404.03.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.184.50Bank of Bahamas4.904.900.000.5980.2608.25.31% 0 .580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.493.15Bahamas Waste3.153.150.000.1680.09018.82.86% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.0010.000.001.2270.3108.13.10% 2.842.50Colina Holdings2.502.500.000.7810.0403.21.60% 7.005.40Commonwealth Bank (S1 6.606.600.000.4220.23015.63.48% 3.651.63Consolidated Water BDRs1.971.91-0.060.1110.05217.22.72% 2.551.60Doctor's Hospital1.901.900.000.1990.1109.55.79% 6.995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.208.50Finco8.508.500.000.2870.52029.66.12% 11.408.77FirstCaribbean Bank9.749.740.000.6450.35015.13.59% 5.513.75Focol (S 5.465.460.000.3660.17014.93.11% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29% 10.509.92J. S. Johnson9.929.920.000.9710.64010.26.45% 10.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 20 November 2029TUESDAY,12OCTOBER2010BISX ALL SHARE INDEX: CLOSE 1,508.82 | CHG -0.07 | %CHG 0.00 | YTD -56.56 | YTD % -3.61BISX LISTEDDEBTSECURITIES (BondstradeonaPercentagePricingbasis)Maturity 1 9 October 2017 7%RoyalFidelityMerchant Bank&Trust Ltd.(Over-The-CounterSecurities)29 May 2015 W WW.BISXBAHAMAS.COM| TELEPHONE:242-323-2330|FACSIMILE:242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISXLISTED& TRADEDSECURITIES AS OF:7 % Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas Supermarkets5.016.0114.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last12Months%NAV 3MTH 1.49041.4005CFAL Bond Fund1.49043.59%6.42%1.475244 2.92652.8266CFAL MSI Preferred Fund2.91150.85%0.23%2.926483 1.55461.4905CFAL Money Market Fund1.55553.18%4.30%1.537403 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8624-8.16%-7.49% 13.638813.0484Royal Fidelity Prime Income Fund13.42860.46%2.40% 109.3929101.6693CFAL Global Bond Fund109.39295.20%7.60%107.570620 105.779593.1998CFAL Global Equity Fund100.1833-1.52%3.56%105.779543 1.12231.0000FGFinancialPreferredIncomeFund1.12723.43%5.28% 1.09171.0000FG Financial Growth Fund1.09482.51%6.10% 1.11981.0000FG Financial Diversified Fund1.12753.37%5.64% 9.59559.1005RoyalFidelityBahInt'lInvestmentFundPrincipal ProtectedTIGRS,Series19.59552.71%5.96% 11.236110.0000RoyalFidelityBahInt'lInvestmentFundPrincipal ProtectedTIGRS,Series210.3734-3.69%3.38% 10.00009.1708RoyalFidelityBahInt'lInvestmentFundPrincipal ProtectedTIGRS,Series39.4372-5.63%-5.63% 7.96644.8105RoyalFidelityInt'lFund-EquitiesSubFund7.5827-1.74%11.58%BISXALLSHAREINDEX -19Dec02=1,000.00 YIELD -last12monthdividendsdividedbyclosingprice 52wk-Hi -Highestclosingpriceinlast52weeks Bid$ -BuyingpriceofColinaandFidelity 52wk-Low -Lowestclosingpriceinlast52weeks Ask $ -SellingpriceofColinaandfidelity PreviousClose -Previousday'sweightedpricefordailyvolume LastPrice -Lasttradedover-the-counterprice Today'sClose -Currentday'sweightedpricefordailyvolume WeeklyVol. -Tradingvolumeofthepriorweek Change -Changeinclosingpricefromdaytoday EPS$ -Acompany'sreportedearningspershareforthelast12mths DailyVol. -Numberoftotalsharestradedtoday NAV -NetAssetValue DIV$ -Dividendspersharepaidinthelast12months N/M -NotMeaningful P/E -Closingpricedividedbythelast12monthearnings FINDEX -TheFidelityBahamasStockIndex.January1,1994=100 (S)-4-for-1StockSplit-EffectiveDate8/8/2007 (S1)-3-for-1StockSplit-EffectiveDate7/11/200731-Jul-10 31-Aug-10 103.987340 101.725415 30-Jun-10 31-Aug-10 NAV 6MTH 1.452500 2.906205 1.521720TOTRADECALL:CFAL242-502-7010|ROYALFIDELITY242-356-7764|FGCAPITALMARKETS242-396-4000|COLONIAL242-502-752531-Jul-10 30-Jun-10 31-Aug-10 24-Sep-10 31-Aug-10MARKETTERMS31-Aug-10 31-Aug-10CFALSecuritiesLtd.(Over-The-CounterSecurities)31-Aug-10BISX ListedMutualFundsNAV Date 31-Jul-10 31-Aug-10 /HJDORWLFH 127,&( ,QROXQWDU\/LTXLGDWLRQf 1 RWLFHLVKHUHE\JLYHQWKDWWKHDERYHQDPHG & RPSDQ\LVLQGLVVROXWLRQZKLFKFRPPHQFHGRQ W GD\RI'HFHPEHU 7KH/LTXLGDWRU L V $UJRVD&RUS1DVVDX %DKDPDV $ 5*26$&253 /LTXLGDWRUf /HJDORWLFH 127,&( *8&+,11,(/7' ROXQWDU\/LTXLGDWLRQf 1RWLFHLVKHUHE\JLYHQWKDWWKHDERYHQDPHG &RPSDQ\LVLQGLVVROXWLRQZKLFKFRPPHQFHG GD\RI7KH/LTXLGDWRU $UJRVD&RUS1DVVDX %DKDPDV $ 5*26$&253 /LTXLGDWRUf FROM page 1B Big bang effect
By BRENT STUBBS Senior Sports Reporter email@example.com NEW DELHI, India Team Bahamas left New Delhi on Thursday night and, led by the boxing double bronze medal duo of Carl Hield and Valentino Knowles, thosew ho are coming home should arrive at the Lynden Pindling International Airport around 4:30pm today. The team, which travelled through New York before they separated (with the majority of the athletes going to their various destinations in the United States), will be made up of the majority of officials, the cycling and box ing team (minus Floyd Sey mour) and quartermiler Jamal Moss making the trek home. The team finished the games in 19th position out ofa field of 71 countries and was the second best in the Caribbean behind Jamaica, who ended up in 15th spot. Australia won the games, fol lowed by India. From all viewpoints, the team turned in a gallant performance and the officials had nothing but praise for their efforts. B B O O C C P P r r e e s s i i d d e e n n t t P P r r o o u u d d Wellington Miller, presi dent of the Bahamas Olympic Committee, said there were so many plus factors that left him proud to be in charge of the countrys biggest sporting organisation. On hand for Super Satur day when Donald Thomas and Trevor Barry strutted it out for the gold and silver in the high jump respectively and Ramon Miller picked up the bronze in the 400, Miller said the Bahamian athletes all went out and gave it their best. I think the Bahamas should be proud of their athletes because they represente d the Bahamas very well, said Miller, who had another reason to celebrate when he presented the first major international medal to Carl Hield just before secretary general Rommel Knowlesj oined Indian Olympic Committee chairman Mike Fennell to present the scarf and medal respectively to Valentino Knowles. Miller, however, said a lot of accolades must be given to the management team led by chef de mission Roy Colebrooke and deputy Tim Munnings, along with general team manager and cycling manager Barron Turbo Musgrove, track manager Roosevelt Thompson and tennis coach Leo Rolle. Everybody performed at their best to make sure that there wont be any negative feedback from the Bahamas, Miller said. I was very proud of our achievements at these 19th Commonwealth Games. I also think India did very well in putting on the games, despite the criticism they received. I think our chef de mission Roy Colebrooke must be congratulated after he saw a spark and it was passed like a torch through the village to make sure that everybody rally around India to make the games a success. Colebrooke received a letter of commendation from the organising committee for his comments at the flag raising ceremony for the Bahamas in the games village prior to the start of the games. C C h h e e f f d d e e M M i i s s s s i i o o n n D D e e l l i i g g h h t t e e d d When Roy Colebrooke had a chance to put the Bahamas performance in perspective, he was beaming with excite ment. I think everyone on the team did the best that they possibly can and at the end of the day, they represented the Bahamas in a way in which words cant explain, he said. When you look at 24 athletes bringing back five medals, it just shows that the programme is getting up there. I think everyone in the Bahamas should appreciate this team because in the beginning, everyone counted us out and was wondering if these games would come off. At that point, it put certain concerns in the minds of the athletes. But the management team made sure that the athletes were in a harmonious environment, contrary to all of the negative press in the beginning. Colebrooke said they exe cuted their plan and it pro duced a successful game for Team Bahamas. I think the experiences here, they will take with them forever, he stated. Two medals in the high jump, two medals in boxing with two boxers and a medal in the 400. For those that didnt win a medal, they went out there and compet ed and competed to the best of their abilities and that is all that we could ask for. T T r r a a c c k k I I t t W W a a s s J J u u s s t t F F a a n n t t a a s s t t i i c c Taking a passage out of the Bible that says Oh taste and see that the Lord is good, track and field head coach Fritz Grant said when they came here, they didnt know what to expect, but he was grateful to be a part of a splendid team that competed with excellence. Their performances speak volumes for their commitment to track and field and t heir individual efforts for their preparations for these games being held in Octo ber, Grant said. October is the beginning of the off season for the preparation for the new sea s on. However, with the games being held in late October, it posed a challenge trying to keep the athletes fit and ready to compete. But Grant thanked the BOC which brought the team in almost a week before the games started for a mini training camp and they defied the odds as a weak team to produce a fantastic feat by win ning medals. The results showed how we did. We did have some sub par performances because in track and field you dont always know what to expect, he said. But they went out there and gave it their best shot. I must say that the performances were great and Im just thankful to be a part of a great group of athletes here in New Delhi and the whole management team. We all gelled together as one big family. It really helped with the performances of the athletes. It was just fantastic. C C y y c c l l i i n n g g E E n n c c o o u u r r a a g g e e d d If cycling manager Barron Turbo Musgrove had to put the performances of rookies Laurence Jupp and Grand Bahamian Rowshon Jones into perspective, it would have been very encouraging. These are first time guys seeing any type of international competition and this is perhaps the highest level that they could compete at right now, said Musgrove, a for mer competitor at the Com monwealth Games in Manchester, England, in 2002. But these are some of the guys we have to work with. We have a five-year plan for our senior cyclists and we just hope to build on what they experienced here. We have four years before the nextg ames come around in Scotland, so they should be seasoned veterans and our expec tations should be higher in both the road race and the time trials. Next year, Musgrove said the cyclists should be competing in the Elite Cycling Championships and the Pan Am Cycling Championships, so their training will be inten sified when they return home. N N o o M M e e d d i i c c a a l l S S e e t t b b a a c c k k s s The medical team of Dr Keir Miller, physio-therapist Cottrice Roberts-Robinson from Grand Bahama and chiropractor Philip Claussen of California, didnt really encounter any major problems. According to Miller, apart from the regular aches and pains experienced at such a high-level event, only quartermiler Andretti Bain went down with a Grade 1 right hamstring sprain. But Miller said the polyclinic at the Games Village was able to deal with it imme diately with an ultrasound to confirm the diagnosis. Bain, according to Miller, should recover rather quickly. Other than that, it was an easy office for the medical staff, said Miller, who works in the Accident and Emer gency Room at the Princess Margaret Hospital. The athletes are very fit and in tone with their bodies when it comes to maintaining the level of injury. C M Y K C M Y K FRIDAY, OCTOBER 15, 2010 T HETRIBUNE PAGE 12 PAGES 13 & 14 International sports news TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Packers h urting, bye helps Dolphins get healthy... See page 14 By BRENT STUBBS Senior Sports Reporter firstname.lastname@example.org N EW DELHI, India Theres a saying that all good things must come to an end. The curtains fell on the XIX Commonwealth Games Thursday night, but the Bahamas was not around for the final festivities during the closing ceremonies and the after party at the Games Village. The remainder of Team Bahamas left town while the ceremonies were t aking place with its five medals, inclusive of gold, silver and three bronze as it made the long trek back to the tropical side of the world. The past two weeks of competition were quite intense despite the fact that a lot of big name stars opted not to travel here because they were either injured or felt the season was just too long to remain that com-p etitive. Coupled with the fact that the organising committee was hit with a number of publicized stories and pictures of a horrid scene at the Games Village, it made many wonder if the games were going to actu-a lly take place. But the Indian organising com mittee headed by Mike Fennell did nt mind the noise in the market; they were able to survive the test of time and had everything in place by the time the games opened. In fact, the critics went silent once the delegations started arriving and our very own chef de mission Roy Colebrooke was praised by the organising committee for taking a bold stand in encouraging all of the visiting delegates to support India in making sure that the games were truly a success. Over the three weeks that I spent here, I haven othing but high marks for the organising committee, the security personnel and the volunteers who all made sure that our trip was a memorable one. Theyve got my stamp of approval for hosting (and this is only my opinion) the best games that I have attended from Kuala Lumpur in 1998, to Manchester in 2002 to England in 2006. The Commonwealth Games are known as the Friendly Games because of the nature of the cama raderie that is exhibited between the participating nations. But I dubbedt hese ones the Unpredictable Games because there were so many events in which you had some surprised entries that it was to difficult to call the outcome. Our athletes, led by Donald Thomas and Trevor Barry in athletics, Carl Hield and Valentino Knowles in boxing, Larikah Russell and Marvin Rolle in tennis and Laurence Jupp in cycling, should be commended for the splendid display of talent. We tied the best performance ever produced in the history of the games with the team that went to Brisbane, Australia, in 1982 when Bradley Cooper, ShonelF erguson and Stevie the Heat Larrimore led the way in securing their five-medal total. The Bahamas should be proud of the stellar performances of the athletes. In one of two instances tennis players arriving on the eve of taking the courts to play and an injury to one of the key quartermilers the performances could have been better, but in all things we have to give God thanks. Five medals, including three in athletics with two fourth place fin ishes, a mens 4 x 100 metre team in t he final of a major international meet with the mens 4 x 4 and a personal best clocking of 10.19 seconds in the 100 for Adrian Griffith the Bahamas made an impression at these games. The boxing team of Hield and Knowles cannot be left out as their chant of Showtime as dubbed by assistant coach Floyd Seymour for their radiant performances was felt throughout the arena and in the Games Village. The Bahamas was certainly one of the more sought after teams at the games. Its a pity that the games have come and gone so quickly. It was ap leasure to be in the company of such a young, dynamic team of athletes and officials. They are: Manager Roosevelt Thompson and head coach Fritz Grant in athletics; coaches Andre and Floyd Seymour in boxing; man-a ger Barron Musgrove and mechanic Wayne Price in cycling; coach Leo Rolle in tennis and the medical staff, inclusive of team doctor Keir Miller, physio-therapist Cottrice RobertsRobinson from Grand Bahama and chiropractor Philip Claussen of C hicago. Colebrooke and his assistant Tim Munnings made sure that everybody was properly taken care of. Anything that went wrong, they quickly responded and got it sorted out. It was a total team effort. Bahamas Olympic Committee president Wellington Miller and his secretary general Rommel Knowles were walking around on cloud nine as they mixed and mingled with the hierarchy of the games. The athletes and officials were all thrilled to be in the royal company ofP rince Edward, his wife, and Prince Charles. The boxers also got to rub shoulders with the great Zoomer Nelson of Africa. For me, I am still flabbergasted that I got to finally meet one of myi dols, the great Sir Sebastian Coe, the former world record and Olympic middle distance champion from England. The Bahamas came, they conquered and they departed. The 19th version of the games is done, but the memories we all got w ill remain with us for a lifetime. Lets pull the curtains down on 2010 and look forward to raising them again in 2014 in Scotland. A total team effort at the Unpredictable Games OPINION STUBBS THE XIX COMMONWEALTH GAMES NEW DELHI 2010 THE TRIBUNE High marks, nothing but praise for T eam Bahamas GOOD JOB: Trevor Barry (left for the Mens High Jump during the Commonwealth Games at the Jawaharlal Nehru Stadium in New Delhi, India, on October 10, 2010. (AP Photo