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 Shake-up for constituencies C M Y K C M Y K V olume: 106 No.281WEDNESDAY, OCTOBER 27, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUNNY, T-STORM POSSIBLE HIGH 87F LOW 73F F E A T U R E S SEETHEARTS SECTION S P O R T S SEEPAGEFIFTEEN Crazy beautiful Pacers cut Magnum By PAUL G TURNQUEST Tribune Staff Reporter firstname.lastname@example.org A S THEBoundaries Commission continues to meet ahead of the 2012 gen e ral election, there are claims it is contemplating introducing a 42nd con s tituency and reshuffling o thers. T his 42nd seat is expected to be created by removing Bimini and the Berry Islandsf rom their current seats, and amalgamating them into one constituency unto them selves. Both of these current seats are represented by PLP MPs Obie Wilchcombe and Vincent Peet respec tively. In the last general election, West End and Bimini had 3,517 registered voters, and 2,551 voters in the North Andros and the Berry Islands seat. According to what information could be gleaned from the Parliamentary Registry yesterday, it appears there are 1,084 registered voters on the island of Bimini and 375 in the Berry Islands. I f and when these two i slands are combined, it will create one of the smallest constituencies to date, sec-o nd only to MICAL which had just 1,283 registered voters in 2007. Besides from the creation of a possible 42nd seat, other changes being discussed by the body include a drastic shift in the Killarney, Mt M oriah, Clifton, and Golden Isles seats. According to well-placed s ources close to the discuss ions, in Killarney it is rumoured that Oakes Field and Rock Crusher may be removed as they are report ed to be strong PLP areas, and be transferred off to the Fort Charlotte constituency. Additionally, it is reported that White Grove will be moved into the Mt Moriah constituency in an attempt to strengthen the FNMs somewhat weakened posi tion there. In Clifton, the FNMs Kendal Wright may be cut n 42nd seat set to be created n Dr astic c hang es discussed The Tribune THEPEOPLESPAPER BIGGESTANDBEST BAHAMASEDITION McCOMBO OF THE DAY N E W www.tribune242.com PM EXPECTS CHINESE TO BE RESPONSIVE ON BAHA MAR B y TANEKA THOMPSON, IN CHINA Tribune Staff Reporter email@example.com PRIME Minister Hubert Ingraham expects officials from the China State Construction and China Import Export Bank to be very responsive to his governmen t 's concerns over the $2.6 b illion proposed Baha Mar development during a very B AHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E SEE page six SEE page six C AR CRASHES INTOLAKEKILLARNEY CRASH SCENE: A man was injured yesterday after his car flipped over on Coral Harbour Road and ended up in Lake Killarney. Emergency ser vices arrived on the scene and took the man to hospital there was no news on his condition up until presstime. FELIPE MAJOR/TRIBUNE STAFF ALTHOUGH win ning his seat by the largest margin out of any candidate in the 2007 general election, Picewell Forbes, the PLPs Member of Parliament for South Andros, is reportedly beginning to lose con siderable ground in his constituency. As a first time MP for the area, Mr Forbess financial woes have been By MEGAN REYNOLDS Tribune Staff Reporter firstname.lastname@example.org LAYWERS criticised for serious misconduct in a 2003 Supreme Court ruling appear to have escaped disci plinary action from the Bar Association, as transcripts from the trial have not yet been received. Senior Justice John Lyons accused lawyer Derrence Rolle and James Thompson of serious misconduct and wasting court time as they represented A DAMAGED power cable and generator which left the maximum security wing of Her Majestys Prison in darkness for 17 hours did not compromise security, Prison Superintendent Dr Elliston Rahming insisted last night. Dr Rahming said a cable feeding power to the prison was struck by lightning on Monday night, followed by a generator that provided power until about 1am on Tuesday then breaking down. A new generator was installed and was up and running by 5pm yester day. Asked if there was any threat to prison security during the blackout, Dr Rahming said: Absolutely not. POWER CUT HIT S PRISON MAXIMUM SECURITY WING N O A CTION AGAINST LAWYERS ACCUSED OF MISCONDUCT PICEWELL F ORBES LOSING GROUND IN CONSTITUENCY SEE page nine SEE page nine PICEWELL FORBES
By MEGAN REYNOLDS Tribune Staff Reporter email@example.com G OVERNMENT ministers were encouraged to adopt legislation to outlaw shark fishing at a breakfast briefing on shark conservation hosted by the Bahamas National Trust (BNT ing. Experts from the international non-profit organisation the Pew Environmental Group told Cabinet ministers how such legislation would not only ensure the health of the coral reefs and sustain vital fisheries, it would also continue to support the lucrative shark tourism industry as local populations are unmatched elsewhere in the Caribbean. Director of global shark conservation for the Pew Environmental Group Matt Rand explained how shark populations are declining worldwide as 73 million a year are fished for their fins to be used in the Chinese delicacy shark fin soup. Because of this luxury item these creatures are being wiped o ff the planet, Mr Rand said. The oceans have evolved for more than 400 million years with sharks and they never had predators. Suddenly the hunters have become the hunted, and we are taking that top predator out of the ecosystem and by doing t hat we are disrupting the whole marine balance. For a c ountry that depends on fishing, disrupting the marine balance could have severe consequences, he said. Sharks thrive in Bahamian waters by virtue of a long-line fishing ban imposed 20 years ago to prevent them from becoming by-catch fish caught u nintentionally. Around 40 species of sharks are estimated to live in Bahami an waters. Because of the healthy population the Bahamas has become known as shark diving capital of the world and a ttracts visitors to the tune of $78 million a year. It has also supported 60 scientific research publications over the last 20 years, and allowed for a healthy marine environment. Mr Rand said: There are few locations where you can get i n the water and see sharks, and you have defacto protection now, but not legislative protection. We think this would be a great opportunity, not only for the sharks, but also for the Bahamas. The Pew Environment Group has worked with governments around the world and was successful in Palau and the Maldives which have become sanctuaries for sharks. Although sharks have never been targetted by the fishing industry in the Bahamas, the threat of international demand for shark fins was raised when sea cucumber export company Sunco Wholesale Seafood Ltd CEO James Mackey told The Tribune he would explore the C M Y K C M Y K LOCAL NEWS PAGE 2, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM FOUR men were shot and injured, some seriously, in a gun attack in the Market Street area on Monday night. Two of the men were yesterday listed in critical condition in hospital, the other two were said to be stable. Police are questioning a 23year-old Wrights Lane man in connection with the shooting. Officers were called to the scene of the shooting at Bimini Avenue off Market Street at around 8pm. According to eyewitnesses and initial reports, the four victims were in a yard at Bimini Avenue when they were approached by a group of men allegedly armed with handguns. It is reported that gunshots were discharged in the direction of the group of men, which resulted in all of them sustaining gunshot injuries. Police investigations are continuing. Four injured in gun attack O O u u t t l l a a w w s s h h a a r r k k f f i i s s h h i i n n g g , M M i i n n i i s s t t e e r r s s a a r r e e u u r r g g e e d d FISHING F RENZY: Around 5,000 blue sharks were fished for their fins on a single day in Kesennuma, Japan. PHOTO : Shawn Heinrichs for the Pew Environment Group. B EAUTYOFTHEDEEP: P ew Environment Group director of global shark c onservation Matt Rand dives with a reef shark in the Bahamas. S t u a r t C o v e s D i v e B a h a m a s Photo by Shawn Heinrichs for the Pew Environment Group SENSITIVE: Salmon sharks are one of the most biologically sensitive species of shark. These were fished for their fins in Kesennuma, Japan. possibility of shark finning from his operation in Mastic Point, North Andros for export to Hong Kong. Minister of Agriculture and Fisheries Larry Cartwright reassured interested parties attending the event at the British Colonial Hilton yesterday that the current policy of the gov ernment is to not allow for the export of shark fins, etcetera. However he did not indicate whether he would implement legislation to protect sharks as he commented on their multifaceted importance for the marine ecosystem, tourism and scientific research. In this vein I applaud the efforts now being made by the BNT and others to protect sharks in the exclusive zone of the Bahamas, Mr Cartwright said. As apex predators, sharks feed on large fish, which in turn feed on herbivorous fish that control levels of algae on the reef. Removing them from the equation could have an unprecedented impact on large fish, herbivorous fish and algae levels. BNT president Neil McKinney said: In this country its not just sharks, but the entire marine ecosystem that we need to try to protect, because if we break the web, or a link in the chain, there is a cascading effect. The loss of sharks would directly impact our coral reefs. We have to protect what we have. We cannot be a bread basket for the rest of the world and we have to be very careful so that it is here for generations after us. That is why there is a need for legislative protection, because policy can be changed much more easily than legislation. BNT executive director Eric Carey added: A lot of times we advocate for issues when species are almost beyond recovery. We have a good opportunity now to do some thing for sharks while they are still healthy in the Bahamas. To find out more and support the campaign log on to www.bnt.bs or www.pewsharks.org.
By TANEKA THOMPSON T ribune Staff Reporter t firstname.lastname@example.org B EIJING, China Prime M inister Hubert Ingraham played coy about his political future, telling reportersh is actions speak louder than his words. I told you all before, my actions speak louder than m y words, he said, before laughing, when asked about his pledge to tell the B ahamian people before t he end of the year if he w ill seek re-election as prime minister. W hen The Tribune com m ented that his actions implied he would stay onas leader of the FNM with the hope of serving another term in office, he replied: The idea is for you to deduce what you w ish. Confident W hen asked to measure his political strength at the moment, he said he is still confident his party has the support of the Bahamiane lectorate. When we have an opportunity to go to the people of the Bahamas, I believe that the public oft he Bahamas will respond to us in a positive way. Elections are about c hoices, people choose in the next election whetherthey want (opposition leader) Perry Christie tob e prime minister or H ubert Ingraham. Whether they want the FNM to be the govern-m ent or the PLP, it's very simple, straightforward,he said, adding that these s tatements did not mean h e planned to offer hims elf for re-election as prime minister in 2012. There have been recent heated exchanges between Mr Ingraham and members of the opposition in Parliament. When asked why, Mr Ingraham said perhaps he has been more emotional because maybe the provo cation is greater. The opposition has b ecome more aggressive in the House and we've been responsive to it. We are willing to take it as easy as they wish or as hard as they wish, he said. FNM MP for Bamboo T own Branville McCartney r ecently told The Tribune that his party has bad pub lic relations and would have a tough fight in 2012. Lead When asked to respond, the prime minister said, Id on't discuss my members, he's still a member of the party and so I do not respond to members of my party. When I have to respond to members of my party, I do other things. I lead the FNM. As for whether the next election will be a tough one for the FNM, that is for the public to decide, then ation's chief said. The public will have to determine that. We think we've done a g ood job but the public will decide whether we should get another shot. I am hopeful and the p ublic gives me every rea s on to believe that they think that when they have to make a choice between us and them, that they are likely to choose us over them, he said. By TANEKA THOMPSON Tribune Staff Reporter email@example.com BEIJING, China The Bahamas economy is in much better shape today than it wasa year ago, although there is still a long way to go before the country sees a full recovery after the economic downturn in 2008, said Prime Minister Hubert Ingraham. Things are not as bad today as they were a year ago, fewer people have their electricity off today than had it off a year ago, some 6,000 more people are connected to electricity than the last time I got numbers as compared to last year the same time. The government revenue is better for the first three months of the year this year than it was last year, h e said. Economic activity is beginning to show some prospects, it's not been as bad as it was, but it's going to take quite a while. Tourism is doing better, fishermen are getting higher prices for their fish than they did last year, there's a reason a ble amount of construction activity going on not as much as we'd like. So yes, we are seeing some signs (of a recovery Mr Ingrahams comments were made to reporters on the sidelines of a welcome recep tion held to mark his second official visit to China. H e is in the country at the invitation of the Chinese government to discuss issues with several local companies and the government of the People's Republic of China. Mr Ingraham told The Tribune he would also like to see the Bahamas tourism market snag a larger share of visitors from China. The Chinese will tell you that 48 million Chinese travel outside of China annually, many of them go to the United States, New York, Disney (theme parks extent to which the Bahamas can attract some of them would certainly be in our inter ests, he said, adding that Chinese tourists need visas to enter the Bahamas. There's been a small number, but more and more persons are entering the middle class in China and are able to afford to travel and so there is opportunity for increased visi tors from China in places like the Bahamas, he said. Mr Ingraham and his dele gation, which includes National Security Minister Tommy T urnquest, Labour Minister Dion Foulkes, Speaker of the House of Assembly Alvin Smith, Chairman of the Air port Authority Frank Watson, are scheduled to visit Shanghai later this week. Before returning home, Mr Ingraham plans to stop in Barbados for the funeral of that country's late Prime Minister David Thompson. PM: my actions speak louder than words THE cases of two of the final four Bahamian straw vendors in custody in New York have gone before the courts, the Ministry of Foreign Affairs reported. In a statement issued yesterday, the ministry advised that the cases of Gale Rolle and Marva Ferguson began on Monday. A trial date of November 4 was set after both women entered not guilty pleas. They are the first of the vendors to do so. Five of the vendors have already pleaded guilty and were sentenced to time served, placed on proba tion and released. The nine Bahamians were arrested on charges of conspiracy to defraud the United States on September 18. The ministry said: Ms Rolle and Ms Ferguson have been released on their own recognisance pending trail, and are residing at accommodations arranged by the Con sul General and approved by the court. The Consul General will continue to monitor their cases, as well as the cases of the final two remaining Bahamian nationals. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM T T h h e e J J a a v v a a G G a a l l l l e e r r y y T T h h e e J J a a v v a a G G a a l l l l e e r r y yWongs Plaza Madeira St. Wongs Plaza Madeira St. Tel: (242 Tel: (242 2335 2335 Soft and durable Diversatex Soft and durable DiversatexTM TMcushion is fade and mildew cushion is fade and mildew resistant and is available in resistant and is available in blue, green or terracotta blue, green or terracotta x xChairs Chairsx xTables Tablesx xBenches Benchesx xUmbrellas Umbrellasx xLoungers Loungersx xDrinks Trolleys Drinks Trolleysx xCoffee Tables Coffee Tablesx xEnd Tables End Tablesx xCushions CushionsOutdoor Elegance Outdoor Elegance Two straw vendors to stand tr ial in New York THETRIBUNE INCHINA Hubert Ingraham coy on his political future Bahamas economy in much better shape than last year R IBBONCUTTING: P rime Minister Hubert Ingraham prepares to cut t he ceremonial ribbon marking the official opening of The Bahamas Maritime Authority (BMA PRIME MINISTER Hubert Ingraham visited the Bahamas' Honorary Consulate office in Hong Kong, China on Monday. Pictured at the Con s ulate from left are:Sherry Rodgers-Brookes, PA/Corporate Affairs M anager, Freeport Harbour Company Limited; John Meredith, Honorary Consul for Tthe Bahamas to Hong Kong and Executive Director of Hutchison Port Group; Prime Minister Hubert Ingraham and Gary Glibert, CEO of the Freeport Container Port, Freeport Harbour Company Limited and the Grand Bahama International Airport. By TANEKA THOMPSON Tribune Staff Reporter tthompson@ tribunemedia.net BEIJING, China Meeting with Hutchison Whampoa officials in Hong Kong on Monday, Prime Minister Hubert Ingraham expressed satisfaction with the rising occupancy rates reported by the corporation, but said this does not constitute a complete turnaround for its troubled Grand Bahama resort property. The prime minister also hinted at upcoming issues with some of Hutchisons unionised workers. Mr Ingraham met with the officials during a brief stopover in Hong Kong before departing for Beijing. While not revealing details of that meeting, Mr Ingraham said occupancy levels for one of the group's hotels, the Our L ucaya Beach and Golf Resort, appear better than in recent times. We discussed Our Lucaya extensively and those discussions will continue, said Mr Ingraham. They are probably d oing a little better now because the cruise ship that comes in has some business so their occupancy levels are higher now. If their room revenues are better, I don't know, but their occupancies are better than they were. We are very pleased that Hutchison continues to stay with the property, continues to keep all the people employed, and it is our hope that they will have a harmonious rela tionship with the union because there are con c erns about some of the issues that are coming up and so I will also be hav ing some discussions with the hotel union about the property, he said. Meetings are also sched uled with persons who have expressed somei nterest in things, said Mr Ingraham who refrained from calling these persons prospective investors in the Bahamas. Prime Minister m eets with Hutchison Whampoa officials
EDITOR, The Tribune. Please allow me space in y our daily to express sincere g ratitude to two young men who showed that there is still good in the world. Monday, October 18, 2010, I had occasion to use one of o ur capitals busy thoroughfares at the after work period when I had a tyre blowout. Because of this I had to manoeuvre the car onto the grassy verge. W e were able to dislodge the spare tyre and began the process of removing the disabled one from the car. This would be no easy task and it would be dark before we w ould complete the task. Just t hen we heard a vehicle pull up behind us and a voice said, Can we help you? Twoy oung men jumped out and told us to take up the sheet I was about to kneel on and to p ut our jack back in the car. O ne of them went back to the truck and brought out a good sized box. In it was one of those pneumatic jacks. They told us to step aside and w ithin five minuets the car was raised the tyre removed a nd the spare one was installed. We were profuse in our g ratitude to them and to the A lmighty God who sent them at the right time to help us. They were like two angels on a mission. They might not have seen themselves in that l ight but to us they were our h elpers. My family and I take this opportunity to publicly thankM r. Dwight Griffin of Baha Mar Company and Mr. Derran Munnings of New Provid ence Development Compan y, who saw fit to help without asking for any reward. One of then said to us, Miss, t here are still some good people in the world. They then related how, they had already passed us on their way. They said they looked at each oth-e r and decided that they had b etter go back an help those people. We are so grateful you turned back. You could have continued on your journey without giving it a secondt hought. Thank you, Mr. Griffin and Mr. Munnings for what youd id and thank you to all of t hose persons who influenced y our development to this point in your lives. They must h ave done an excellent job. Letters of commendation are being forwarded to yourr espective places of employm ent. You may encounter some friendly teasing as a result of this letter, but continue to be lights in our Bahamaland. You will always be in our prayers. You willn ever be forgotten F.A.E DILLET Nassau, October 19, 2010. C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, WEDNESDAY, OCTOBER 27, 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 WEBSITE www.tribune242.com updated daily at 2pm GOVERNMENT Ministers attending a Bahamas National Trust breakfast briefing yesterday on shark conservation were urged t o introduce early legislation to ban shark fishing in the Bahamas. Since the announcement by a Mastic Point, Andros, businessman that he was considering expanding his sea cucumber export market to include shark finning to satisfy the Hong Kong market, the protection of sharks has become a priority. It is estimated that about 40 species of sharks thrive in Bahamian waters. This is attributed to the long-line fishing ban introduced about 20 years ago when sharks were unintentionally scooped up in the long lines dragged along the ocean floor to catch other fish. Other than Palau and the Maldives, which are now shark sanctuaries, the Bahamas also has a healthy so-far undisturbed shark population. According to the experts this is the first time in its 400-million year existence that sharks have had a predator a predator in the form of man who now threatens their existence and eventually the whole marine ecosystem. It is especially bad news for the Bahamas, its coral reefs, its fisheries and its growing shark tourism market. Malcolm Ritter, AP science writer, reports that according to a new analysis, on average 52 species of mammals, birds and amphib ians are taking a significant step toward extinction each year, But if not for conservation efforts, the march would be even faster. Efforts to save endangered animals are making a difference, even as about 1 in 5 of the world's backboned species mammals, birds, reptiles, amphibians and fish are threatened with extinction, according to a study published online in the journal Science. The report was released as delegates from m ore than 190 nations meet at a United Nations conference in Nagoya, Japan, to set 20 measurable targets to combat the loss of many diverse species. "Our results should be a timely wake-up call to governments in Nagoya," said Stuart Butchart, a study author and global research coordinator at BirdLife International. "Biodiversity is in a desperate state. Its situation is getting worse, but our results show we can turn the situation around. We just need greater political will and resources." The study considered almost 26,000 species of vertebrates animals with a backbone whose conservation status is on the "Red List" of the International Union for Conser vation of Nature. It found that about onefifth of vertebrate species are "threatened," meaning they are close to going extinct in the near future. That ranges from 13 per cent of birds to 41 per cent of amphibians. The one-fifth number isn't much of a surprise, but the new study is the first global a udit of vertebrates, said Craig Hilton-Taylor of the IUCN, a study author. To look for trends, the authors used a statistical measure that tracks how particular species have moved among the eight categories of the Red List an indication of improvement or worsening of their conservation status. Because of data limitations, they focused on birds, mammals and amphib ians. Their results translate to an average of 52 species moving one category closer to extinction each year. Amphibians, which include frogs and salamanders, showed the fastest decline, with mammals second. The trend was less severe for birds, but still included creatures like the green-coloured Hose's broadbill of Malaysia and Indonesia, which has suffered declines in its forest habitat. About 1 in 6 declines in conservation status in the study resulted in extinction, the authors said. The extinctions include the golden toad of Costa Rica and a Hawaiian forest bird called the Kamao. To study whether conservation efforts like protecting habitat or controlling predators were helping, the authors examined cases where a species' status improved, moving away from extinction. That was the case in 68of the 928 reclassifications they found, almost entirely due to conservation action, the authors said. Nearly all involved mammals or birds, because they have a longer and better-funded history of conservation efforts, the authors said. Humpback whales, for example, moved from "vulnerable" to being at low risk for extinction because of protections against commercial whaling, the authors said. In all, the researchers calculated that the overall march toward extinction would have b een some 20 per cent faster if no conserva tion steps had been taken. But they also said the true impact is much greater than their calculations could show. "Conservation is working, it's just not enough" at current levels, said Ana Rodrigues of the Centre for Evolutionary and Functional Ecology in Montpellier, France, a study author. Stuart Pimm, a conservation expert at Duke University who didn't participate in the study, agreed that the results contain good news. "A lot of those species would have been moving a lot faster (toward extinction weren't for conservation efforts," he said. "Conservation efforts really do work, they're just not stemming the full extent of the losses of species. The overall trend is still downhill." Proof there is still good in the world LETTERS l firstname.lastname@example.org Study: conservation slowing extinctions EDITOR, The Tribune. P lease allow me some space in your newspa per. Its a sad situation, that the straw vendors found themselves in. The reality is that the ven-d ors didnt take heed about the law. They were warned over and over again. The reality is that the bags were fake designers collection, sup p osedly very expensive items that they couldnt afford, and anything that is purchased on the black market means that is illegal goods plain and simple. T he Straw Market has become a modern day U.S.A. Flea Market where anything could be purchased drugs, numbers, breakfast, jew e llery, designer bags, illegal immigrants and the list goes on. It is no more rules and standards that govern the Market. It seems that The Market Association has let the Straw Mar-k et deteriorate to the situation that has occurred to date. It is time that the Straw Vendors wear prope r uniforms like the Hair Braiders Association. The vendors should wear Jean-T-Shirt or Androsia printed blouses with jeans. In myo pinion, Ms. Strachan has not done a good job. I t is time for a new dynamic young body to lead the Straw Market Association to the next millennium. MS. SHEENA THOMPSON Nassau, October 4, 2010. Straw Market has become a modern day USA Flea Market EDITOR, The Tribune. I refer to the comments made today by the Opposition and union leaders concerning ZNS. C onsidering the deep economic depres sion worldwide, including The Bahamas: (1 m en make payments to redundant staff of up to two years, when there are few funds in the Treasury? Certainly ZNS has nos pare funds. (2 has the Union paid ZNS staffers after col lecting dues for all the past years? ( 3) There is a difference between capital improvements such as roadworks and expenditure on current account for staff e moluments. The latter total determines the profitability of the company, a negative result would place the company in jeopardy of closing down. The former wouldm ake the institution more attractive for sale to prospective buyers. (4 s heer size of the staff when compared with major networks and viewer coverage in the United States indicated that the station was heavily overstaffed. T his apparently occurred over time due to political patronage not by merit, and this is a practice which the public would wish to be discontinued, if we ever hope to improve as a country. SHIRLEA RESIDENT Nassau, October 19, 2010. Considering comments by Opposition and union leaders
B y NATARIO McKENZIE Tribune Staff Reporter email@example.com THE sentencing hearing of a mother and her former boyfriend convicted of manslaughter in the 2007 death of her one-year-old son had to be adjourned yesterd ay. Makisha Brown, 25, and Leroy Rolle, 20, were convicted of manslaughter in the death of Levano Brown in mid-September. The child had reportedly suffered blunt force trauma to the head and abdomen, lacerations to the head and bruises about the body. Brown and Rolle were found not guilty on the charge of murder but were convicted on the alternative charge of intentional manslaughter.The sentencing hearing was adjourned yesterday after prosecutor Terry Scriven informed the court that the Crown had not had enough time to review probation reports. He informed the court that the prosecution had only received a copy of the probation reports two hours prior to yesterdays hearing. Further, he pointed out that prosecutor Eucal Bonaby initially had carriage of the matter but was unable to be present at the hearing due to illness. Browns attorney Keith Seymour informed the court that he also did not have sufficient time to go over the probation report on his client. Attorney Dorsey McPhee, who represents Rolle, informed the court that he had reviewed the probation report and said it was recommended that his client undergo a psychiatric evaluation. Mr McPhee said that he accepted this recommendation, stating that he wanted his client to undergo evaluation. Senior Justice Anita Allen adjourned the hearing to Friday, November 12 at 10am. She noted that if Rolle has not received a psychiatric evaluation by that time, she would proceed with the sentencing of Brown. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM On-the-spot financing The new Grand Vitara is fuel efficient, with more passenger room, greater stability and reliable performance. Keyless remote entry Front dual air bags Power steering, windows, locks, mirrors Anti-lock brakes Driver Select 2x4 Air conditioning CD/radio/Aux Fog Lamps Roof Rails 17 Alloy wheels Steering wheel audio remoteA Comfortable and Affordable Compact SUV Price includes rustproofing, licensing and inspection to birthday, full tank of fuel, 24,000 miles/24 months warranty andemergency roadside assistance.We Take any Trade-Ins!Grand Vitara WAY OF LIFE! GN-1121M M I I N N I I S S T T R R Y Y O O F F F F I I N N A A N N C C E EC C E E N N T T R R A A L L B B A A N N K K O O F F T T H H E E B B A A H H A A M M A A S SMade this 18th day of October, 2010.Signed Wendy Craigg Governor of the Central Bank of The Bahamas THEBAHAMAS VERYOWNSTREETPHILOSOPHER Sentencing hearing of pair convicted of sons manslaughter is adjourned CONVICTED: Makisha Brown, 25, and Leroy Rolle.
useful meeting scheduled for this morning (last nighta ccording to Nassau time). Speaking to reporters in Beijing on the sidelines of a welcome reception hostedi n his honour, Mr Ingraham said he had earlier met with Chinese government official Chairman Wu Bangguo, w ho acknowledged the B ahamas government's issues with the project. M r Ingraham has previously said his government c annot accept the large number of foreign labourers the investors are calling f or. He has said he would like to see the expansive p roject built in stages instead of all at once as the developers have proposed. When asked if he thought the Chinese would be inflexi ble in their demand for s ome 8,000 Chinese work ers to be incorporated in thep roject, Mr Ingraham said: We're talking about the B ahamas, and so if youre talking about the Bahamas t he Bahamas government has a say about what happ ens in the Bahamas. So that question is an irrelevant question as to whethers omebody can come in the Bahamas and find unacc eptable what the Bahamas government requires. This is the Bahamas we're talking a bout, we're not talking about any other country. Our position is wellknown, we've stated them publicly and we've stated them privately, and I expect to have a very useful meeti ng tomorrow. I had a meeting with Chairman Wu this afternoon, he alluded to it, alluded to what they understand and know our position to be. I expect that they will b e responsive to our posit ion and that we'll move forward." W hen asked when the l abour resolution on the p roject will be debated in Parliament which was shelved a few weeks agob ecause Baha Mar had yet to reach an agreement with Scotiabank for an outstanding loan of about $200 million that needed to be satisfied before the project could move forward Mr Ingrah am said "as soon as we are i n a position to do so." B aha Mar officials hope to break ground on the pro-j ect before the end of the y ear. When asked if his administration will make a final decision on the fate of the project before 2010 ends, Mr Ingraham said after his discussions in China it should not take long to make a decision. B ut he added that the developers had other conditions to meet before the project could move forward. "We don't drag things out. I don't want to put a t ime limit on it but we're g oing to have discussions with the two companies h ere, and we don't see why i t ought to take long to m ake a determination. But to be clear, Baha Mar has an agreement for a Scotia b ank loan to be paid off, that's a pre-condition to anything else happening. "There are other things, other than the government approval to be done. There are other conditions, includi ng satisfying the Scotiabank l oan." A nother major obstacle is said to be the 265-acrel and transfers (freehold and l easehold) which Baha Mar's Chinese partners are insisting upon as a condition to consummate their alliance with the Government. SEEPAGETHREE C M Y K C M Y K LOCAL NEWS PAGE 6, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM f n& #'' out entirely, or pushed further back than his current boundaries. No one is really pleased with what is currently being proposed In fact, it is said that of the entire FNM caucus, only the Montagu MP Loretta Butler-Turner and St Annes( MP Brent Symonette) are pleased with the cuts being offered in their areas to date, the s ource explained. T he Boundaries Commission, which is comprised of PLP Deputy Leader Philip Brave Davis, Golden Isles MP and Minis-t er of Youth Sports and Culture Charles Maynard, and Minister of National Security Tommy Turnquest are expected to meet soon. PM expects Chinese to be responsive on Baha Mar project Shake-up for constituencies FROM page one F ROM page one PRIMEMINISTER Hubert Ingraham KINGSTON, Jamaica A DAUGHTERof reggae superstar Bob Marley on Tuesday pleaded not guilty to abusing a 6-year-old boy at her daycare center for special-needs children in Jamaica's capital, according to Associated Press. Sharon Marley, 46, entered the plea in the Caribbean country's family court, five days after police alleged she took an autistic boy into a room at her Total Care Learning Center in Kingston and beat him. The child's mother, who is an employee at Marley's daycare, told investigators that her son emerged from the room crying and bearing several bruises. She promptly filed a complaint with authorities. Marley's lawyer, Lawrence Haynes, could not be reached for comment. Marley was a member of the Grammy-winning Ziggy Marley and the Melody Makers band with several siblings and was a curator for the Bob Marley Museum in Kingston when it opened in 1986. She has since become a certified early childhood specialist. Her Tuesday plea in Jamaica's capital came on the same day that 29-year-old Makeda Jahnesta Marley, the youngest daughter of the late reggae musician, received seven years probation for growing marijuana in her home in the U.S. state of Pennsylvania. Daughter of reggae star Bob Marley pleads not guilty to abusing child
C M Y K C M Y K LOCAL NEWS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM THEBahamas International Film Festival (BIFF announced yesterday that Sony Pictures Classics acclaimed comedy Tamara D rewe will be the opening film at this years festival, which takes place December 1-5 in Nassau. The special event screening will take place on W ednesday, December 1, at t he Atlantis Theatre on Para dise Island. The announcement was made by BIFF founder and executive director Leslie Vanderpool. Directed by two-time Academy Award nominee S tephen Frears (High Fidelity, The Queen, Dangerous Liaisons), the film stars Gemma Arterton of Prince of Persia and Quantum of Solace in the t itle role, along with Roger A llam, Bill Camp, Dominic C ooper, Luke Evens and Tamisn Greig. The screenplay was written by MoiraB uffini. B ased on Posy Simmonds g raphic novel of the same n ame which was itself inspired by Thomas Hardys classic Far From the Madding Crowd this modern take on the romantic English pastoral is a far cry from Hardys Wessex. The movies present-day English countryside stocked with pompous writers, rich weekenders, bourg eois bohemians, a horny rock star, and a great many Buff Orpington chickens and Belted Galloway cows promises to be a much funnier place. Character The film starts with the titular character Tamara D rewe returning to the b ucolic village of her youth, t urning life upside down for the locals. T amara, once an ugly d uckling, has been transformed into a devastating beauty (with help from plas tic surgery). As infatuations, jealousies, love affairs and career ambitions collide among the inhabitants of the neighbouring farmsteads, T amara sets a contemporary comedy of manners into play using the oldest magic in the book, sex appeal. The film was an official selection of the 2010 Cannes F ilm Festival, 2010 Telluride F ilm Festival and 2010 T oronto International Film Festival. Tamara Drewe is prod uced by Alison Owen, Paul T rijbits and Tracey Seaward. E xecutive Producers are C hristine Langan, Sharon Harel and Maya Amsellem. BIFF 2010 begins on Wednesday, December 1st and runs through Sunday, December 5. By DENISE MAYCOCK Tribune Freeport Reporter firstname.lastname@example.org FREEPORT Grand Bahama police have identified the young man who suffered an electric shock and died as 20year-old Kamal Cooper. Mr Cooper, a resident of Freeport, was with friends on Friday at the old abandoned Stone Crab Restaurant on Taino Beach when he touched the transformer and was knocked unconscious to the ground. He was transported by ambulance to Rand Memorial Hospital where he was detained for observation. However he died on Saturday. Investigations are continuing. Public r eminded that voter registration continues Acclaimed comedy Tamara Drewe to open 2010 Bahamas International Film Festival Man who died after suffering electric shock is identified VOTER registration continues on a daily basis inNew Providence and the Family Islands, Parliamen tary Commissioner Errol Bethel reminded the public yesterday. Registration centres opened at locations throughout the country on October 4 as preparation of the new Voter Register begins. The aim of the opening of multiple centres in New Providence, Grand Bahama and the Family Islands is to facilitate an early national voter registration drive. Persons applying for registration must be Bahamian citizens, 18 years and older and must have resided in a particular constituency for three months or more. Voter Registration Cen tres are opened in New Providence between the hours of 10am to 4pm at: The Parliamentary Registration Department, Farrington Road The Town Centre and Marathon Malls The General Post Office, East Hill Street The Sub-Post Office, Carmichael Road The Sub Post Office, South Beach The Sub-Post Office, Elizabeth Estates In Grand Bahama, centres are opened between the hours of 9.30am4.30 pm at: Parliamentary Registra tion Department, Freeport Administrator's Office, Eight Mile Rock Administrator's Office, High Rock (Tuesdays and Thursdays) In the Family Islands, registration takes place at the Administrators' Offices in the various Family Islands between the hours of 9.30am to 4.30pm. First time applicants for registration must provide proof of citizenship, prefer ably a valid Bahamian passport or a birth certificate along with an official ID Persons previously registered may present the current voters card. All applicants for regis tration are informed that the revising officer may request other reasonable evidence (i.e. documents that he/she considers necessary to prove that the applicant is qualified to register, and has not already been registered. O PENINGFILM: G emma Anderton in Tamara Drewe
By LARRYSMITH This article was originall y published in September, 2 006. THE question of what to do with ZNS is once again on the front burner. We could have had cable TV here in the early 1960s, but it was blocked for political reasons. With a population of only 130,000 back then, the high cost and impracticality of a national TV station didn't m ake sense to some when w e could just watch Florida T V, but it was insisted upon by politicians and intellectuals ostensibly to protect our cultural identity. So we had to wait until 1 977 for the government to implement TV, and privately-operated cable television was withheld until 1995. Over the years, ZNS TV did little or nothing to promote Bahamian culture, b ut a great deal to promote Bahamian politicians. The people who started T V-13 were all trained in Canada, where broadcasting was set up along the l ines of the BBC, which w as the United Kingdom's s ole broadcaster until 1955. T hat authoritarian model f itted in nicely with the i nclinations of our local politicians. But the British and Canadians were more scrupulous about fairness and diversity. According to its charter, the BBC is to be "free f rom both political and c ommercial influence and answer only to its viewers a nd listeners". A $4 billion b udget is funded by license f ees and programme sales. The Canadian Broadcasting Corporation was also am onopoly until the mid1950s. It is funded by a government subsidy supplemented by ad revenue. But things went a little differently in the United States, where radio was full y commercial by the 1920s a nd television by the 1940s. In fact, there was no US government involvement ata ll until 1967, when the Corporation for Public Broadcasting was created by Congress. As a privaten on-profit, it gets a yearly g overnment grant on the order of $400 million a year, but most of its fund i ng comes from private donors. And, much like the British and Canadians, theA mericans insisted on strict adherence to objectivity and balance" and outlawed government interference in broadcast ing. Today, Bahamians can watch hundreds of digital channels via cable or satellite. And since ZNS runs mostly old movies and fore ign soaps, the question t hat naturally comes to mind is, why do we need it? And more to the point, what value do we get for the $13 million plus a year we spend on it? The answer for some, is b ecause Bahamians must b e able to watch Junkanoo o n TV, as well as special events like state funerals, parliamentary openings or political conventions. But Cable Bahamas has a community channel and a par-l iamentary channel that also do these things at no direct cost to the taxpayer. In fact, the obligation to do them is written into its license. Charles Carter, the form er ZNS boss whose private radio station now packages news, and other s hows for Cable's community channel, says he supported privatisation even w hile he was chairman of t he Broadcasting Corporat ion (from 1982 to 1987 I argued publicly for p rivate broadcasting and a s pecific public broadcast status, similar to the CBC, for ZNS. There is a cultur al and educational role that can best be served by such an entity that should be editorially independent a nd responsible, by chart er, to the total community. It should be funded by g rant and its programming c ontent should reflect the n eeds, concerns and expectations of our developing society." T his is essentially the same conclusion that the Ingraham government came to in the 1990s, but balked at implementing because of the political and financial implications. M ike Smith, who chaired t he BCB from 1994 to 2000, said a 1996 study recommended downsizingZ NS, selling off 104.5FM and running TV as a public affairs service. "But money was a big p roblem," he told Tough C all. "The severance package would have cost overa million dollars and the g overnment would not agree to pump any more into ZNS, so we ended up simply transferring somes taff to other agencies. B ack then ZNS was spending $13 million a year and earning less than half that amount." Retired journalist Nicki Kelly, who spent two years on the ZNS board in the early 1990s, recalled that the station's financial con dition "was so precarioust hat it was touch and go e very month whether there would be money to pay the staff, let alone the pension plan, national insurance, utilities and all the other expenses. "On top of that, there were the flagrant abuses by staff who thought nothing of running their own sideline businesses on Corpo ration time using Corpora tion equipment, or the clever ruses to run up overtime, or later the coterie of female broadcasters who saw themselves as entrepreneurs and were heavily engaged in running their various enterprises while working for the Corporation." These descriptions probably still apply, but we don't really know because the BCB hasn't provided audited statements to parliament since the year 2000 and that report wasn't tabled until 2003. Sir Arthur Foulkes was BCB chairman from 2000 to 2002 when the last "comprehensive evaluation of ZNS" was undertaken. He told me recently that "the study was done in col laboration with Canadian consultants and dealt with everything: finances, via bility of commercial TV, radio, equipment, staff, etc." The conclusion was that maintaining a multitude of state-owned radio stations in a privatised market was unnecessary and costly, so they should all be divested except for ZNS 1, which would continue as a nation al public radio service. Meanwhile, TV-13 would become a public affairs service funded by government grant, with local programming encouraged by offering seed money to independent produce rs. The consensus was that 3 00,000 eyeballs scattered o ver several islands was not a big enough market to fund TV commercially, especially as the country's two biggest industries hotels and offshore services didn't need to advertise locally. But the 2002 general election intervened and, again, nothing much happened. Broadcast journalist Carlton Smith summed it u p best when he spoke at a media seminar last year: "Many felt that with the c oming of private broadcasting, the Corporation would be forced to change. B ut more than 12 years late r ZNS remains a state-run o rganisation that, despite t he intentions of any gove rnment, cannot work in t he public interest." So the question is, what do we do about that? Well, perhaps we should consider whether we need ZNS at all. Even if it could be detached from direct g overnment control, it w ould likely turn into a broadcasting version of B ahamas Information Serv ices, another pointless a gency whose employees trot behind government ministers to produce "offi-c ial" news of dubious value. So if that's the objective, why not just merge ZNS with BIS, producing a single bureaucracy with no ambiguity about what it's s upposed to do. Then we c ould set about the task of redefining the role of BIS. To recreate ZNS as an a uthentic public affairs service would require strict legislative guarantees of autonomy, and the stationw ould have to be operated b y a genuinely independent authority, with a cross-sec tion of community repre s entation. A massive firewall would be needed to ensure independence, and, frankly, it's hard to see anyB ahamian government a cceding to this. If we retain ZNS, the question of finance arises. And there are really only four options here advertising sales, license fees, donations or tax subsidies. Since we have ruled out ad sales and there are like ly to be few donors until ar econstituted ZNS proves i tself, we are left with public funding in one of two ways. The government could allocate a yearly con tribution for ZNS, as it does for other government departments. But without strict guarantees, this would only deepen political control. An easier approach would be to add a tax to Cable Bahamas' monthly subscription. Most of the 90,000 households in the country are served by cable, so a $5 a month fee could generate over $5 mil lion a year, which ought to be sufficient to operate a slimmed-down ZNS. And at the risk of stat ing the obvious, why don't we just mandate Cable 12 to cover important state functions and cultural events, disband TV-13, and license private stations? Wendall Jones already has approval in principle for his public affairs station, which will come on stream as soon as new broadcast ing regulations are in place. And it is rumoured that others may also get a license. But unfortunately this debate will soon be over taken by events, because the government has hired a Canadian consultant to advise on a huge investment to replace TV-13's old technology with new digital equipment. That means funds may be allocated before the way forward has been properly and publicly charted. What do you think? Send comments to email@example.com Or visit www.bahamapundit.com C M Y K C M Y K PAGE 8, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM What should we do with ZNS?
GUANTANAMO BAY NAVAL BASE, Cuba JURORS considering a sentence for a former teenage al-Qaida militant got a stark message Thursday from a government-hired psychiatric expert: The last Westerner at Guantanamo is radical, angry and dangerous, according to Associated Press. Omar Khadr was an extremist when he was taken to Guantanamo, where he was "marinated in radical jihadism" over eight years in custody and became a leader among prisoners, said Dr. Michael Welner, a forensic psychiatrist who analyzed the 24-year-old Canadian on behalf of military prosecutors. "He's highly dangerous," Welner told jurors. "He is fullof rage." Khadr, who was 15 when captured by the U.S. after a fierce firefight in Afghanistan in 2002, pleaded guilty Mon day to five war crimes charges as part of a plea deal that spared him from a possible life sentence and calls for sending him back to his homeland after one more year in Guantanamo. The jury cannot impose a sentence greater than the amount set by the agreement, reportedly eight years, but they can issue one that is more lenient. Welner, who has testified as an expert witness in many high-profile cases in recent years, said he spent more thanseven hours interviewing Khadr over the summer, reviewed his records from the U.S. detention center in Cuba and studied interviews with family members back in Canada who have embraced extremist positions. His conclusion: Khadr has shown no interest in chang ing his radical views on Islam and has no real remorse for throwing a grenade that killed an American soldier and partially blinded another during a four-hour firefight in Afghanistan in 2002. The only thing the prisoner seems to regret, Welner said, is his imprisonment and he seems unlikely to change. John Sands and his attorney Leon Smith of Smith, Smith and Co in a land dispute with Arawak Homes. In his judgment Senior J ustice Lyons found Mr S ands, aided by his attorn ey Mr Smith, had fraudul antely obtained title to a 1 56-acre tract of land in the Pinewood Gardens areaa nd it was subsequently s old to hundreds of unsuspecting individuals without good title. Justice Lyons ruled the rightful certificate of title belonged to Arawak Homes, meaning those who p urchased properties and b uilt their homes in the a rea known as Sir Lynden P indling Estates are being f orced to refinance their p roperties or have their homes demolished. In his ruling the judge also noted the misconduct of both attorneys who he s aid repeatedly sought to d isrupt proceedings. It certainly crossed my mind that the defendants were doing all in their power, fair or foul, to scuttle these proceedings, Justice Lyons said. At first they attacked counsel for the plaintiffs. When that did not work,t hey attacked the judge. Then, when that did not work, they attacked the justice system by walking out, b ut not before expressing the view that the court was a nullity. T he Supreme Court j udge noted in his ruling t hat he would send copies of his judgment and trialt ranscripts to the Bar A ssociation for disciplinary action to be taken against the attorneys, as well as to the Attorney General for contempt action and the Director of Public Prosecutions (DPP f or investigation concerni ng any breach of the Penal C ode. H owever T he Tribune understands the ethics committee of the Bar Association has not taken any action against the attorneys concerned as they did not receive transcripts of the trial. Chairwoman of the e thics committee Caryl Lashley did not respond to calls from The Tribune to confirm this yesterday. T he Bar Association, the Attorney Generals office and Director of Public P rosecutions Vinette Grah am-Allen were all asked b y T he Tribune m ore than two weeks ago about whata ction was taken against a ttorneys as a result of the ruling, but no responses have yet been received. President of Arawak Homes Franon Wilson said he understands no action has been taken against l awyers involved in t he dispute. S ocial activist Bishop S imeon Hall lamented the fact that the poor who invested their savings in property without good title have lost out while Arawak Homes takes ownership of the land and lawyers escape punishment. The poor always seem t o lose, he said. We grant Mr Wilson is the rightful owner of the land, but how is it that these people were able to build on someone elses land, and now have to refinance again? Government really n eeds to protect the poor f rom these situations, but t he politicians on both sides are keeping very quiet. I think the lawyers involved in this should be arrested, but wherever lawyers are concerned they have a way of protecting one another. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM known for some time and with a general election less than two years away it appearsa s if this factor is not being overlooked by his competitors. Reports suggest that the former MP for the area, Whitney Bastian, still wants tor epresent the constituency, and with his financial prowess, he could prove to be a considerable obstacle for Mr Forbes. Political sources claim that Andros m ore so than any other seat in the Bahamas is one area where a candidate without substantial amounts of money cannot be expected to win. The Tribune source said: Let me tell you, in Andros you have to dig in your pocket from the time you land until you flyo ut of there. Its like that mindset was established years ago when Sir Lynden (Pindling representing them, so its hard to break that no matter who you are. And it doesnt matter if your MP is doing a good job or not. He or she could be in there every other w eek, walking up and down, shaking hands, kissing babies, attending every funeral, wedding, and pastoral anointing, and yet be voted out because they are unable to provide a contract for their generals. Attempts to reach Mr Forbes for comment were unsuccessful. No action against lawyers accused of misconduct FROM page one Pice well Forbes losing ground in constituency FROM page one GUANTANAMO: US govt expert tells jury that last Westerner at prison is angry, radical and dangerous
C M Y K C M Y K SECTIONB firstname.lastname@example.org WEDNESDAY, OCTOBER 27, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $4.25 $4.20 $4.26 InternationalInvestmentFund [Learn more at royaldelity.com] BAHAMASNassau:242.356.9801 Freeport:242.351.3010BARBADOSSt.Michael:246.435.1955 By NEIL HARTNELL Tribune Business Editor A leading wholesaler was yesterday given particular comfort that its busiest sales period of the year would not be disrupted by the actions of Bahamas Customs, the Attor ney Generals Office giving an undertaking that the government agency would not detain its imported goods or refuse to accept due duty payments prior to their dispute going to trial. Fred Smith QC, the Callen ders & Co attorney and part ner representing Kellys (Freeport a Judicial Review of Customs demands that it produce a bonded goods sales report, told Tribune Business last night that in view of the undertaking by the Attorney Generals Office, the company would not proceed with its efforts to obtain a Supreme Court injunc tion preventing Customs from detaining or refusing to process imported goods. Speaking after both sides appeared before Supreme Court Justice Hartman Longley, Mr Smith said the under taking applied to the imports of all Grand Bahama Port Authority (GBPA meaning that Customs cannot interfere with any firms goods being processed on the grounds that they have not submitted a bonded goods sales report. I can say that we are very pleased that the Attorney Generals Office has given this undertaking, Mr Smith told Tribune Business. It was therefore not necessary to insist on seeking an injunction, and gives Kellys a particular com fort during the busiest season of sales for the year. Referring to the main issue in the dispute, the attorney added: We hope this can be tried as soon as possible, so that the public, licencees, the GovernWholesaler gains Customs comfort AGs Office gives undertaking government agency will not detain or refuse to clear imported trailers belonging to Kelly s (Freeport licencees in absence of bonded goods sales report* Move protects wholesaler s sales rise, and increased duty collection, for key Christmas season* Customs official alleges 95% of Port licencees compliant with bonded goods sales requirement I can say that we ar e very pleased that the Attor ney Generals Of f ice has given this undertaking. FRED SMITH SEE page 2B By NEIL HARTNELL Tribune Business Editor Talks between BISX-listed AML Foods and City Markets over a deal that would have seen the latter acquire some or all o f the struggling supermarket chains assets have broken down, Tribune Business can reveal, with the latters largest shareholder and operator, Trinidadian conglomerate Neal & Massy, said to be actively exploring a variety of options to ensure the firms survival. Although both companies described speculation about such talks as rumours, and denied anything was happening, this newspapers investigations yesterday confirmed that a potential deal between the two food retailers had been on the table and was under active discussion/consideration until Monday. T he nature/terms of any deal, and whether it involved AML Foods acquiring all or just part of City Markets business, r emained unclear and murky yesterday, both sides being relucAML Foods/ City Markets deal talks broke down S EE page 4B O WEN BETHEL By NEIL HARTNELL Tribune Business Editor A leading Bahamian banker yesterday told Tribune Business his next expansion is set to take place imminently from St Kitts via a fullyfledged Internet-based bank, adding that this should not be seen as a loss for the Bahamas since this nation was not ready for such an institution. Owen Bethel, president and chief e xecutive of the Nassau-based Montaque Group, told this newspaper Bahamian banker expands to St Kitts n Owen Bethel sets up fully-fledged Internet-based operation as Montaque Financial Corporation, targeting global investment banking market n Says Bahamian regulators not ready for such an operation, but says Nassau operations will gain spillover benefits from new venture n Pledges to discuss future expansion of Bahamian operations with sector supervisors n Urges authorities to create climate for similar firms here, and encourages Bahamian firms/individuals to expand abroad SEE page 3B By ALISON LOWE Business Reporter email@example.com S upervalue president R upert Roberts yesterday came out against any plans the Government might have t o grant grocery stores the right to sell liquor in-house to their customers, a move which r ival retailers and at least one l ocal liquor manufacturer have expressed their support for. M eanwhile, some small liquor retailers told Tribune Business yesterday they w ould fear being pushed out of business if grocery stores were permitted to sell liquor. They are being greedy, said Mr Gordon (who declined to give his first name) of Gordos LiquorS tores, adding: The rich will stay rich and the poor will stay poor if the proposal is acted upon in New Providence. However, the argument a dvanced by Supervalue pres i dent and owner Rupert Roberts on the subject of food store liquor sales isb ased on social rather than f inancial considerations. dont think we should make alcohol more accessible i n this island, in this country, than it is now. We have enough problems now and itsg etting worse. A lot of it is drug and alcohol related, and so I dont think alcohol shouldb e any more accessible, Mr Roberts said. The Christian Council came out against it and weved one without it a long time. We see young men gathering around walls drinking and we dont want to encourage that, said the businessman. Gavin Watchorn, chief executive of AML Foods, said earlier this month that the foodstore chain had been granted permission by the Grand Bahama Port Authority whom he dubbed progressive for their decision to approve the move to sell alcohol within their Grand Supervalue chief opposes grocery store booze sales SEE page 4B By ALISON LOWE B usiness Reporter firstname.lastname@example.org The Government is expecting a statement fairly soon from the developers of a pro p osed $1.8 billion mixed-use resort for Mayaguana on when they may restart their d evelopment plans, which were stalled in February 2008 when the global creditc runch/recession bore down. Minister of Tourism, Vincent Vanderpool-Wallace, w as unwilling to say what this expectation was based on yest erday, but emphasised the Governments support for the development getting underway on the southern island. The government is trying to find ways to accelerate the pace of development inM ayaguana. We want to see d evelopment there but its taking a while because the cir c umstances are not the very best under which to get this 5,000-acre return holds up $1.8bn development SEE page 5B R UPERTROBERTS
C M Y K C M Y K BUSINESS PAGE 2B, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The chairman of Windermere Corporate Management and chief executive of Metropolitan Bank Bahamas, John Lawrence, took home the coveted Executive of the Year Award from the Bahamas Financial Services Boards (BFSB vices Industry Awards Banquet. I am very pleased and humble to have received this recognition, said Mr Lawrence in a statement. I thank the small but proud community of Staniel Cay in the Exumas, where I grew up in the 1960s, for its involvement in my formative years. At the time there was not a single television nor a single telephone. Communications with the capital and the rest of the world were handled by ship to shore radio. And, addressing in particular the younger members of the audience, he added: With hard work and determination you can get to where you want to go in life no matter how modest your beginnings. Extremely active in promoting the Bahamas, Mr Lawrence is the current chairman for the Caribbean and Latin American Region of the Society of Trust & Estate Practitioners (STEP dent of the Bahamas Sailing Association (BSA trys national authority for the sport of sailing. The BFSBs Industry Excellence Awards programme was launched in 2001 in collaboration with the Professional Industry Association Working Group (PIAWG Financial Centre Focus (FCF outreach, designed to profile the industry. This recognition programme profiles role models in the industry for their outstanding performance and contribution to the growth and development of the Bahamian financial ser vices industry. STANIEL CAY NATIVE IS TOP EXECUTIVE HONOURED: John Lawrence P h o t o : A n d r e w A i t k e n P h o t o g r a p h y Higgs & Johnson partner gets top legal group post I am very p leased and humbled to haver eceived this r ecognition. H iggs & Johnson partner, Surinder Deal, has been reelected to the Board of Direc-t ors, re-appointed regional v ice-chair for the Caribbean and Central America, and a ccepted the position of meet ings committee chair of TerraLex, a large global legal network of law firms. M s Deal has over 20 years of experience in real estate, trust law and corporate and commercial law. She is a member of the Bar Associations of Malaysia and the Bahamas, and of the International Bar Association. She is also a member of the Society of Trust and Estate Practitioners. TerraLex has 160 member law firms in 100 countries and 41 US states, and is the one of the largest international legal networks. ment and the Port Authority can be clear as to what the law is. The three containers belonging to Kellys (Freeport toms have now been released, and Mr Smith said the agency had now also accepted the companys $50,504 payment for September 2010 duty-paid sales. Reading out a copy of the undertaking, Mr Smith said it read thus: Until judgment in this matter or further Order, neither the Respondent, nor any Customs officer or employee or agent of H.M. Customs, may detain goods, or refuse to process imported goods for entry in the usual way, or refuse to accept returns for Duty Paid Sales, or otherwise take enforcement action against the applicant or other GBPA Licensees, on the basis of non-receipt of duty exempt bonded sales reports or on any other basis not sanctioned by law. Kellys (Freeport fears that without Customs being restrained from seizing its containers, its traditional 25 per cent Christmas season sales increase, plus continued employment for 100 staff and a likely 50 per cent rise in Treasury duties, were in jeopardy. Christopher Lowe, Kelly's (Freeport tions manager, said in an affidavit: "This is a critical time for [Kelly's], as during November and December we experience a 25 per cent increase in sales. More importantly, for [Customs], is the fact that most of the purchases at this time are by non-licencees, with the result that Kelly's dutypaid sales payments to [Customs] are 50 per cent higher in November and December. "During the period between now and Christ mas, between 40 and 50 containers/trailers of goods will be shipped to the Applicant. The con tinued refusal of [Customs] to release the Appli cant's goods will cause serious financial hardship to the Applicant, with the possibility of forced reductions in staff, not to mention denying the Public Treasury hundreds of thousands of dollars in Customs duty." Meanwhile, Customs yesterday filed an affi davit seeking to justify its seizure of the nowreleased trio of Kellys (Freeport tant Comptroller Lincoln Strachan, who heads up the agencys Freeport operations, alleged that 95 per cent of licencees were compliant with regulations that allegedly require the submission of a bonded goods sales report. Tracing the history, he alleged that the dire economic climate of Grand Bahama resulted in GBPA licencees making an informal agree ment in 1989 where they could sell bonded goods to other licencees as well as non-entitled per sons. This measure, Mr Strachan said, was not cov ered in the Hawksbill Creek Agreement and was designed to bring economic relief to licencees. He alleged that the practice required the submission of monthly sales reports/declarations for both bonded goods sales and duty-paid sales to Customs on the 15th of every subsequent month, enabling the agency to ensure all duties payable were collected. Kellys (Freeport goods sales aspect, and Mr Strachan alleged: The legality and enforceability of this practice became an issue raised in subsequent court chal lenges. As a consequence of said challenge, it became necessary to amend the Customs regulations to cure this mischief and to legitimise the Comp trollers powers to demand such reports and declarations, and to provide for the form and content thereof. Amendment Mr Strachan alleged that this amendment took effect on May 27, 2009, and should have put to rest any doubt about the legitimacy of requiring a bonded goods sales report from all GBPA licencees. These reports and declarations are part and parcel in assisting the Comptroller to satisfactorily account for and control the disposition of all bonded and dutiable goods, and to safeguard against potential abuse, Mr Strachan claimed. That I am advised and verily believe that the Customs records show that, to date, some 95 per cent of the licencees are compliant with the reg ulation, and those in default have been issued with reminders to become compliant. He alleged that despite meetings between Customs and Kellys (Freeport attorneys, no solution was forthcoming, hence the decision to seize the companys now-released trailers because the demand for a bonded goods sales report was lawful and not arbitrary. Bonded goods sales is a practice whereby Freeport-based wholesalers, such as Dolly Madison, Kelly's (Freeport Depot, are able to sell products to other GBPA licencees for use in their respective businesses only, without any duty being paid to Cus toms/Government on their sale. It is a report on this activity that Customs is seeking, but Kelly's (Freeport has never been requested before, and is not included in any statute law, policy or agreement concerning their relationship. The current practice, they argue, is that on the 15th of every following month, Kelly's and other licencees submit a report on sales where duty is post paid such as sales to residents and non-GBPA licencees together with the rele vant duty sum. Wholesaler gains Customs comfort FROM page 1B
C M Y K C M Y K BUSINESS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM that the Montaque Financial Corporation would formally go live via the Internet on November 1, and added that it was not connected to his Nassau-based companies as a subsidiary or branch. The only common factor between the two, he said, was himself. Interest from his existing clients/investors in the formation of a fully-fledged Internetbased investment bank had spurred the creation of Montaque Financial Corporation, Mr Bethel added, with plans for it to provide investment services, electronic cash transfer card services, the issuance of pre-paid debit cards, cash management and e-banking. The second phase will involve electronic custodial, cash processing and payroll services, along with credit cards. The Bahamian banker explained that St Kitts jurisdictional reputation, particularly its anti-money laundering, Know Your Customer and due diligence requirements, together with where it figured on the OECDs listing and ultimately the package of economic citizenship as a structure within e state planning, were the key elements in settling on this jurisdiction. Opportunity And, with St Kitts being a member of the CARICOM Single Market Economy (CSME Bethel added: The opportunity to look at that Caribbean market, being based in the market itself, provides a number of opportunities. When asked whether the Bahamas was missing out, Mr Bethel responded: I prefer not to think of it that way. I dont think the regulators were ready for a truly fully-fledged Internet-based bank. I dont think it is a loss, but the opportunity for others to develop in that vein should be considered by the regulators. Depending on discussions with the regulators, we will certainly look at the scope of our existing operations here in the Bahamas, and will certainly look at expanding that even further. Mr Bethel said he had obtained the required banking licence and approvals from the St Kitts authorities last year, a nd because it had no link with his Montaque Group and its various companies in Nassau, it did not have to be approved by the Bahamian regulators. Having said that, it is the intent to discuss with the regulators, more the securities side because we are truly an investment advisor, the scope of this new venture, he told Tribune Business. Mr Bethel said the Montaque Financial Corporations creation would provide spillover benefits for the Montaque Group of Companies in Nassau, adding: Certainly, we will see the value in the investment advisory part of the group providing services to the operations there. Estate planning may require the use of foundations, International Business Companies and structures available here, and we will certainly channel them through the opportunities here. Urging other Bahamian entrepreneurs and institutions t o look beyond this nations shores for growth possibilities, Mr Bethel said of his St Kitts venture: I truly see it as an opportunity to expand horizons, and just as groups of individuals and institutions move into the Bahamas from their home countries based on opportunities the Bahamas offers, we in the Bahamas can do likewise and explore the possibilities that exist elsewhere to service existing and future clients effectively. The whole world is outside of the Bahamas. There are a number of opportunities that exist for institutions here, and I would certainly not only encourage institutions, but individuals to explore the world m arkets. Financial Particularly, if theyre looki ng at the financial services industry, it has truly become a level playing field. The Bahamas has moved to the lower ranks of that field. If there is a level playing field, the whole idea becomes for entrepreneurs in the Bahamas to look elsewhere and take advantage of reciprocal rights and opportunities that exist elsewhere. My approach would be to encourage others to look at other opportunities that exist. Mr Bethel added that, in particular, he was thinking of Bahamian legal and accounting firms. Declining to specify how much he had invested in setting up Montaque Financial Corporation, Mr Bethel said it w ould begin life with a staff of three, expanding as business ratcheted up. While the licence had been obtained last November, its launch had been delayed until now to ensure that the software critical to an Internet financial services provider was in perfect working condition. This would enable clients to trade across exchanges and perform numerous transactions. Montaque Financial Corporation was not a bank, Mr Bethel said, adding that it would only grant loans to clients where they were backed by investments. Asked how he expected his S t Kitts venture to perform, Mr Bethel said: Thats the million dollar question. Certainly within reason, and with growth prospects we think are there. Over time, we think the market is ideal in that global financial s ervices is at its lowest point...... Were not anticipating significant growth in one year, or significant transactions in a couple of years. This is a long-term approach. Bahamian banker expands to St Kitts FROM page 1B
Bahama stores. He said its Solomons SuperCentre brand had mader epresentation to the Gove rnment to allow this to happ en in New Providence, too, n oting that such a change would bring the industry in the Bahamas in line with the law in places like the US and E urope. Mr Watchorn said t he service would provide an a dded benefit to Bahamian shoppers, saving them time and potentially money, too, and rejected claims it would increase incidences of youth drinking as weak, given thep roliferation of alcohol sales t hroughout the Bahamas. City Markets also appears to be moving in the direction of incorporating alcohol sales into its business strategy, although it is unclear if they,t oo, have called on the Government to relax the law. C hief executive Derek Winf ord did not return a call on t he matter yesterday. Over the weekend, the troubled company followed in the footsteps of Robin Hood, opening a new liquor section at its Cable Beachb ranch. The liquor sales are r un out of a separately constructed building next to the supermarket itself, in order to remain in compliance with the law as it stands. Lynden Johnson, sales and m arketing manager for the Bahamian Brewery Beverage a nd Company, which prod uces Sands, High Rock and S trongback beer, and also operates three liquor retail stores, said his company supports the sale of alcoholic beverages in food stores. I think they should relax t he law. From where we sit, in t erms of brand exposure, it would not hurt us, it would help us, Mr Johnson said. For those who are suggesting it will hurt our kids, its worth remembering thati n almost all of our homes for the most part there are bars l iquors on the shelf, beers in t he fridge and kids dont t ouch it. Mr Gordon, of Gordos, a family business of which he isa part owner, said the entry of more supermarkets into the alcohol retail industry wouldh ave a big impact on small r etailers like him. We have enough competition from small liquor stores. We were the first here in the south west and now there are 14 others all in the past three years,h e said. It would take us out of business in the long run. tant to talk after signing a confidentiality clause. Several sources, requesting anonymity, told Tribune Business that AML Foods was looking at pieces of it. They explained that the proposal being pitched was for the BISX-listed food retail group to take over some of City Markets 11 stores, and to also acquire its head office which is owned by the companys employee pension fund. Neither Derek Winford, chief executive of City Markets and its parent company, Bahamas Supermarkets, nor Basil Sands, the latters chairman, returned Tribune Businesss calls seeking comment despite messages being left for both men. Sale However, one source close to the City Markets camp suggested any deal would likely have involved the sale of the entire company, explaining that it would be difficult to separate/untangle different assets and parts. When contacted by Tribune Business, Gavin Watchorn, AML Foods president and chief executive, initially said: Were too busy focusing on our own business. However, when this newspaper told him it understood that the BISX-listed firm and its management had been working intensely on the deal at the end of last week and over the weekend, Mr Watchorn gave a long pause before stating: No comment, because theres no comment to make. Dionisio DAguilar, AML Foods chairman, said he could not discuss the situation due toa confidentiality clause that bound the BISX-listed food group and City Markets. I have to say no comment. Im not at liberty to comment, he told Tribune Business, when contacted about the potential deal and why it broke down. This newspaper understands that despite trying as hard as it could to make any deal for City Markets make sense, after days of number crunching AML Foods was unable to do this, and decided to end its interest. The company, which is likely acquisition gun shy following the financial pain (not dissimilar to City Markets current woes) it endured for several years in the past decade following a string of purchases that did not work out, is thought to have baulked at the considerable capital infusion that its competitors business required. AML Foods itself is not flush with cash, and increased competition is impacting its prof itability, while another factor is thought to have been the debt burden it would be required to assume. At year end June 30, 2010, City Markets accounts payables and accrued expenses totalled $10.54 million, having changed little from the previous year ends $10.867 million. Much of this sum is owed to Bahamas-based suppliers and wholesalers, who are under stood to be increasingly concerned over the supermarket chains fate and whether they will recover much if any of the sums owed. Anxiety They are filled with anxiety, one source said of Bahamian wholesalers. One wholesale sector executive yesterday described the industry view of City Markets prospects as pretty pessimistic really. Its one of these things where the question is when its going to happen, not if. That is a reference to the col lective $27 million losses that City Markets has racked up over the past four years, since current majority shareholder, the BSL Holdings group, purchased the majority 78 per cent equity interest in Bahamas Supermarkets from Winn-Dix ie for $54 million. Neal & Massy subsequently acquired majority control of BSL Holdings, and has taken over control/management of operations at the underlying supermarket company. These losses continue to cast doubt on the companys ability to remain in existence without continued financial support from the investors that comprise BSL Holdings, and it is thought that Neal & Massy may be looking at several options to secure City Markets sur vival, with the economy and increased food retailing competition making it increasingly tough to effect a turnaround. Numerous retail executives have privately suggested to Tribune Business over the past year that a group of Bahamian wholesalers may ultimately be formed to buy City Markets. Hence the speculation that Bahamas Food Services might be interested, although that company is likely to have more than enough on its plate with the recent merger/acquisition of Prime Bahamas. Still, one source suggested that the idea of an integrated food retail/wholesale operation might appeal, given the captive distribution opportunity it would present and chance for increased margins. Intensified competition from the likes of Phils Food Services and Robin Hood might also prompt such a move, although another contact pointed out that a wholesaler might lose all its other customers if it moved into food retailing. And another contact with close City Markets con nections suggested to Tribune Business that BSL Holdings Bahamian shareholders, led by Franklyn Butler of Milo B But ler & Sons, were keen on buying out Neal & Massys interest. That could not be confirmed, though, and several sources poured cold water on such a suggestion, querying where the operational resources and expertise would come from. The other Bahamian investors in BSL Holdings include the hotel industry pension funds, Craig Symonettes Symonette Group and Royal Fidelitys private equity fund. AML Foods and City Markets would in many senses seem strange bedfellows, their business models being incompati ble. The former has adopted a Wal-Mart-like approach, with destination formats that stand out, while the latter has gone for scale and geographic spread. Together, the two would have had $180-$190 million in annu al sales. C M Y K C M Y K BUSINESS PAGE 4B, WEDNESDAY, OCTOBER 27, 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 $P/EYield 1.261.00AML Foods Limited1.011.010.000.1500.0406.73.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6 .184.50Bank of Bahamas4.904.900.000.5980.2608.25.31% 0.580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.492.84Bahamas Waste2.842.840.000.1680.09016.93.17% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.2410.240.005001.2270.3108.33.03% 2.842.36Colina Holdings2.502.36-0.1410,0000.7810.0403.01.69%7 .005.40Commonwealth Bank (S1)6.596.590.000.4220.23015.63.49% 3.651.63Consolidated Water BDRs1.851.850.000.1110.04516.72.43% 2.551.60Doctor's Hospital1.771.770.0060,5000.1990.1108.96.21% 6.995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.207.29Finco8.107.29-0.815,0000.2870.52025.47.13% 1 1.408.77FirstCaribbean Bank9.749.740.000.6450.35015.13.59% 5 .513.75Focol (S)5.465.460.005000.3660.21014.93.85% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29% 10.509.92J. S. Johnson9.929.920.000.9710.64010.26.45% 10.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield B ISX LISTED & TRADED SECURITIES AS OF:7% Interest 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)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%20 November 2029TUESDAY, 26 OCTOBER 2010B ISX ALL SHARE INDEX: CLOSE 1,490.90 | CHG -12.98 | %CHG -0.86 | YTD -74.48 | YTD % -4.76BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 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%Last 12 Months %NAV 3MTH 1.50561.4076CFAL Bond Fund1.50564.65%6.96%1.482477 2.92652.8300CFAL MSI Preferred Fund2.91871.10%3.13%2.919946 1.55791.4920CFAL Money Market Fund1.55793.37%4.42%1.539989 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8624-8.16%-7.49% 13.638813.0484Royal Fidelity Prime Income Fund13.56421.47%2.95% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.13181.0000FG Financial Preferred Income Fund1.13183.85%5.22% 1.09691.0000FG Financial Growth Fund1.09692.71%6.44% 1.13201.0000FG Financial Diversified Fund1.13203.79%5.71% 9.69389.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.69383.77%5.71% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.5308-2.23%4.10% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.4372-5.63%-5.63% 7.96644.8105Royal Fidelity Int'l Fund Equities Sub Fund7.88302.15%6.29% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Aug-10BISX Listed Mutual FundsNAV Date 30-Sep-10 30-Sep-10 30-Sep-10CFAL Securities Ltd. (Over-The-Counter Securities)TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Sep-10 30-Sep-10 30-Sep-10 30-Sep-10 31-Aug-10MARKET TERMS30-Sep-10 NAV 6MTH 1.460225 2.911577 1.524278 107.570619 105.776543 30-Jun-10 30-Sep-10 30-Sep-10 30-Sep-10 127,&(LVKHUHE\JLYHQWKDW $(6+,$1,&.('$:,/025( RI&DULE5RDG3%R[1DVVDX%DKDPDVL V DSSO\LQJWRWKH0LQLVWHUUHVSRQVLEOHIRU1DWLRQDOLW\DQG &LWL]HQVKLSIRUUHJLVWUDWLRQQDWXUDOL]DWLRQDVFLWL]HQRI 7KH%DKDPDVDQGWKDWDQ\SHUVRQZKRNQRZVDQ\UHDVRQ ZK\UHJLVWUDWLRQQDWXUDOL]DWLRQVKRXOGQRWEHJUDQWHGV KRXOG VHQGZULWWHQDQGVLJQHGVWDWHPHQWRIWKHIDFWV ZLWKLQWZHQW\HLJKWGD\VIURPWKH WKGD\ RI 2FWREHU WRWKH0LQLVWHUUHVSRQVLEOHIRUQDWLRQDOLW\DQG&LWL]HQVKLS3 %R[ rrnt nt t ntn t AML Foods/City Markets deal talks broke down FROM page 1B Supervalue chief opposes grocery store booze sales F ROM page 1B
development (the I Groups proposed resort project) going, he said. The I-Groups vision for M ayaguana initially included p lans for an airport, utilities, a marina village, residential lots, private villas and condos, two 200-room hotels, two golf courses, an equestrian ranch facility, a 500 acre industrial park and nature preserves. M r Vanderpool-Wallace said he anticipates a much scaled-down version to replace this vision when the company returns to the island. If you look everywhere around the world and seei nvestments being made, these are difficulty times for investors, so I wouldnt be surprised if they come backw ith something a little less ambitious, he said, adding that no one on the planet believed the original plans would move along with pace that they talked about originally. Negotiate Meanwhile, the Government continues to negotiate the terms of its exit from the joint venture it had initially e ntered into with the I-Group t o develop Mayaguana negotiations that were first revealed in July 2009. Its very difficult, said Mr Vanderpool-Wallace of the process of agreeing on the terms of the Governmentse xit. The reason it is taking so long is because there is an agreement already signed and in place, and its a matter of trying to find common ground to get some developmentm oving forward Mayaguana. Mr Vanderpool-Wallace told Tribune Business that exactly which portions of the 10,000 acres in Crown Land originally agreed to be granted to the I-Group under its Heads of Agreement with theC hristie administration would be rescinded by the current government, under its proposal to take back a 5,000acre tranche, is a significant point at issue in these discussions. N onetheless, Mr Vanderpool-Wallace noted that the proposal is that the company could again get access to the second 5,000 acres if it provides evidence of certain levels of development being achieved. T he Minister had previously stated that it went against this governments approach to development to grant large areas of Crown Land all at once without such evidence being shown, with a phaseda pproach being preferred. Phone calls and e-mails sent to the I Group seeking comment were not returned yesterday. C M Y K C M Y K BUSINESS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM -RE 9DFDQF\$ Q HVWDEOLVKHGDVVDXEDVHGFRPSDQ\VHHNVWROOWKHSRVLWLRQRI $VVLVWDQW)LQDQFLDO&RQWUROOHU $OODSSOLFDQWVSRVVHVVWKH I ROORZLQJ 3DVVLQJJUDGHVRQDOOSDUWVRIWKH&3$H[DPLQDWLRQ \HDUVH[SHULHQFHZRUNLQJZLWKDQ$FFRXQWLQJUP 6WURQJDQDO\WLFDOVNLOOV 6WURQJRUJDQL]DWLRQDOVNLOOVZLWKWKHDELOLW\WRZRUNLQGHSHQGHQWO\ $ WKRURXJKZRUNLQJNQRZOHGJHRILFURVRIW([FHO 7KH DELOLW\WROHDUQTXLFNO\ ([FHOOHQWFRPPXQLFDWLRQDQGWHDPZRUNVNLOOV 7KH DELOLW\WRPDQDJHPXOWLSOHWDVNVDQGUHVSRQVLELOLWLHV VLPXOWDQHRXVO\,QWHUHVWHGSHUVRQVVKRXOGVXEPLWWKHLUHVXPHV YLDHPDLOWRDVVWQDQFLDOFRQWUROOHU#KRWPDLOFRP$ OOUHVXPHVPXVWEHUHFHLYHGE\ WK 1 RYHPEHU 2 QO\SHUVRQVPHHWLQJ$// R I WKHUHTXLUHPHQWVDERYHQHHGDSSO\ Managing Director The Barbados Light & Power Company Limited is a progressive organisation with a vision to be an energy service provider, delivering world class service and reliability. The Companys 500 strong staff serves approximately 120,000 customers with a total electricity demand of about 167 megawatts. An attractive and competitive compensation package is being offered.The Responsibilities Bridgetown, St. Michael, Barbados Tel: (246Fax: (246 Career Path, Caribbean Catalyst Inc., P.O.Box 152, Email: email@example.com Website: www.caribbeancatalyst.com The Company is seeking to recruit an experienced individual as its Managing Director to lead the organisation and ensure that it achieves the desired strategic and operational results through the prudent use of resources. Formulate the strategic objectives of the Company in conjunction with the Board, and communicate these objectives to all stakeholders.Establish goals, targets and operational plans to achieve the strategy.Provide clear leadership, build a strong management team and promote a team culture throughout the organisation. Monitor industry trends and other developments that can threaten the business, anticipate challenges, and seize opportunities to enhance Company performance.Ensure proper leadership development, performance management, succession and work force planning is in place for the company. Build strong relationships with key stakeholders.The CandidateWill possess an excellent understanding and knowledge of the electric utility business and strong capabilities in the broad disciplines of management. These would normally be acquired through a first degree in a relevant professional discipline, post graduate training in business related studies, and a total of 10 years of management experience 7 of them in a utility environment. Will work both independently and as a collaborative team member.Critical personal attributes are: The successful candidate will, inter alia:strategic thinker who can readily see the big pictureenergetic and passionate leaderexcellent business acumencustomer driveneffective delegatorsubstantive problem-solverstrong communicator including active listenerprinciple centered; effectively models the core valuesSuitably qualified applicants interested in this exciting opportunity, should send their applications to Caribbean Catalyst Inc.,Career Path: Managing Director, P.O. Box 152 Bridgetown, St. Michael, Barbados,West Indies or email it to firstname.lastname@example.org no later than Tuesday November 16, 2010. VINCENT VANDERPOOL-WALLACE FROM page 1B 5,000-acre return holds up $1.8bn development
BENJAMIN TIMMINS, Associated Press LONDON A British newspaper launched its condensed and cheaper version on Tuesday in hopes of luring back dwindling numbers of paper readers and resuscitating poor sales. The Independent, owned by Russian tycoon Alexander Lebedev, launched the spin-off called "i'' a daily tabloid that shares the main paper's editorial staff, but focuses on news briefs and digested opinion pieces aimed at "time-poor newspaper readers" and younger people. The new daily will cost just 20 pence ($0.32 The Independent, which costs 1 pound ($1.59 Andrew Mullins, the new paper's managing editor, said it will bring in readers who have shunned paid dailies. "We are creating a newspaper for the 21st century," he said. Found in 1986, The Indep endent has the smallest circulation out of all of Britain's 11 national daily papers, which have all suffered from decreasing sales. The Independent currently sells around 183,000 a day, down from about 250,000 in 2006. The paper was bought for 1 pound ($1.58 Lebedev, who also owns The Evening Standard. That paperr eceived a boost in circulation when it became a free daily in 2009. The condensed "i'' has a daily sales potential of more than 200,000, Mullins said in an e-mail to The Associated Press. But analysts were skeptical that the new paper's "at-aglance" strategy and low price can achieve its aims. "I think 'i' is an attempt by the publishers to have their cake and read it too," said George Brock, Head of Journalism at City University London. "They've got a serious quality paper costing too much to run and they want to try and pull off the trick of using its material in a briefer ... slicker way." Brock also said the digested read may not have enough substance. "You've got to have substance for people to want to read your newspaper, at any price," he said. "But I think 'i' doesn't have very much of it." Some readers, however, have responded positively. On its first day, "i'' received numerous good wishes and comments on Twitter, with many suggesting the paper compares favorably to its main rival the 1.3 million-daily-circulation free paper Metro. "I think ('i' is step up from Metro in the terms of its news agenda," said David Bennett, 27, a web designer. C M Y K C M Y K BUSINESS PAGE 6B, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM U/LX=HOLQ/HRf+ DV 029('IURPLOODJHRDGWR :LQFKHVWHUWUHHWDOPGDOH0LUDFXORXV&KLQHVHHGLFDO'RFWRU 6 WRSDLQ,Q$LQXWHV ATLANTIC MEDICAL INSURANCE CO.LTD. Atlantic House,2nd Terrace & Collins Avenue,P.O.Box SS-5915,Nassau Tel.356-5433 www.cgigroup.bm A member of Colonial Group International:Insurance,Health,Pensions,Life $300,000 life cover for the price* of a coffee per day!No medical required! CALL 356-5433 o r visit www.cgigroup.bm applies male age 30 NEW YORK Stocks had slight gains in late afternoon trading Tuesday after a rise in consumer confidence offset disappointing news on home prices and earnings. The Dow Jones industrial average rose about 15 points. Stocks started the day lower after weak results from Texas Instruments Inc., U.S. Steel Corp. and Bristol-Myers Squibb Co. Shares of Dow component DuPont fell after the chemical maker's earnings fell. A better report about consumer confidence in October helped stocks pare their losses and then edge higher in afternoon trading. "The consumer confidence numbers were encouraging," said Bernie McSherry, vice president of strategic initiatives at Cuttone and Co. It's a sign shoppers "may be reaching into their wallets heading into the holiday shopping season." Ford Motor Co. and Coach Inc. were among the few bright spots in the big batch of earnings reports released Tuesday. Drugmaker Bristol-Myers Squibb reported a better-than-expected profit, but revenue fell short of forecasts. Sales were hurt by the health care overhaul bill passed earlier this year. U.S. Steel surprised analysts by reporting a quarterly loss, while chipmaker Texas Instruments said it expects sales to moderate dur ing the fourth quarter because of low consumer demand. Traders were also moving out of riskier assets as the dollar strengthened. A stronger dollar makes stocks and commodities more expensive because they are priced in dollars. The dollar rose against Japan's yen and the euro Tuesday. British newspaper launches new, condensed companion ( AP Photo /Ian West/PA) INTHENEWS: A man collect a copy of the new newspaper I at a newsstand in London, Tuesday, Oct. 26, 2010. NAIL-BITING: Peter Tuchman works on the floor of the New York Stock E xchange, Tuesday, Oct. 19, 2010, in New York. W ALLSTREET: S TOCKSWAVER A SSOCIATED PRESS
C M Y K C M Y K BUSINESS T HE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 7B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM TOM KRISHER, AP Auto Writer DETROIT The most problem-free cars and trucks are made by Hond a and Toyota, but Ford is closing in fast and General M otors is making big quality i mprovements, according to Consumer Reports magaz ine's 2010 reliability ranki ngs. F ord and GM continue to n arrow the large quality gap t hat once separated Toyota a nd other Asian automakers f rom their Detroit rivals. L arge overhauls of American c ar companies in the last few y ears have resulted in fewer brands and better vehicles f rom Detroit. T his year's rankings, based o n a survey of about 960,000 magazine subscribers, also r estored recommended ratings for several recalled Toyo ta models and bumped up a pair of Korean brands. Chrysler, however, continued to languish. C onsumer Reports ratings a re widely used by buyers shopping for cars and trucks. The magazine is the thirdl argest factor used by Americans to pick vehicles, topped o nly by brand loyalty and reco mmendations from friends and family. F or the third year in a row, T oyota's Scion brand had the f ewest problems of any brand i n the survey. The Toyota b rand ranked sixth. Lexus, w hich had been a top finisher i n past years, fell to ninth. S cion has only three older m odels with few options, and a s a result, there is less chance f or reliability problems, said David Champion, senior d irector of auto testing for Consumer Reports. T oyota generally fared well in the survey despite recalling more than 10 million vehic les worldwide for a variety o f problems including sticky g as pedals, floor mats that trap the accelerator and brake fluid leaks. Knock "Toyota's taken a slight knock from the issues with their recalls," Champion said. T he magazine's survey asks o wners to ignore recalls unless they have experienced a problem, easing the impact, h e said. Lexus, however, has expanded its model lineup but the quality has slipped. The Ford brand ranked 1 0th, still four slots below Toyota and six below Honda. B ut Champion said the Dearb orn, Mich., automaker has several individual models that are better quality than Toyo tas. T he company is led by its F usion midsize sedan, which outranked Honda's Accord a nd Toyota's Camry. Ford's quality resurgence began around 2005 and has contin-u ed in small steps ever since, C hampion said. General M otors showed the most improvement, but Champion said it still has a long way to go. GM had 69 models with average or better reliability,u p from only 21 last year. GM's top-ranked brand was Chevrolet at 17th. INTERNATIONAL BUSINESS A look at economic developments and activity in major stock markets around the world Tuesday: ___ LONDON Britain's economy grew 0.8 percent in the third quarter, twice as fast as economists had expected and perhaps calm ing fears of a double-dip recession. The growth followed a rate of 1.2 percent a nine-year high in the second quarter, when restocking of inventories and construction surged. The combined expansion was the strongest back-to-back performance by the British economy in a decade, the Office for National Statistics said. ___ BERLIN A leading survey showed German consumer confidence is steady, with an improvement in views about the economic outlook offset by a drop in personal income expectations. Shares dropped in Europe, however. Germany's DAX index closed down 0.4 percent, France's CAC-40 was 0.5 percent lower and in Britain, the FTSE 100 index fell 0.8 percent. ___ TOKYO Japan's Cabinet approved an extra budget to help finance $63 billion of stimulus spending aimed at spurring the country's lackluster economy as it battles deflation and a strong yen. Shares mostly fell in Asia. The Nikkei 225 stock average closed down 0.3 percent, Australia's S&P/ASX 200 shed 0.5 percent, Hong Kong's Hang Seng index slipped 0.1 percent and the Shanghai Composite Index fell 0.3 percent. South Korea's Kospi added 0.2 per cent. ___ DUBLIN Ireland's government said it must slash euro15 billion ($20.8 billion its annual budgets in a four-year plan designed to bring Europe's highest deficit back within EU limits. ___ BRUSSELS ArcelorMittal, the world's biggest steel maker, posted Tuesday a 48 percent jump in third-quarter net profit, but said higher raw material prices and muted demand dampened its expectations for the rest of the year. ___ CANBERRA, Australia Key lawmakers signaled they might scuttle the Singa pore Exchange's $8.3 billion cash and shares takeover offer for the operator of the Australian bourse. ___ PARIS French garbage collectors waded through mounds of reeking trash as they headed back to work and some oil workers deserted their picket lines in signs of fading momentum in the battle against raising the retirement age. ___ ATHENS, Greece Greece's central bank governor says the government must not relent in its planned deficit-cutting efforts but warns against further tax increases, which would deepen the recession. GLOBAL ECONOMIC NEWS ASSOCIATED PRESS BUSINESSCALL: British Business Secretary Vince Cable arrives at Downing Street, London, for a Cabinet meeting Tuesday Oct. 26, 2010. A P P h o t o / L e w i s W h y l d / P A W i r e Toyota and Honda lead the quality rankings but GM gains SPEEDMERCHANT: Matthew Brown assembles a six speed transmission at the Ford Motor Company Van Dyke Transmission Plant in Sterling Heights, Mich., Monday, Oct. 25, 2010. The mostp roblem-free cars and trucks still are made by Honda and Toyota, b ut Ford is closing in fast and General Motors is making big quality improvements, according to Consumer Reports magazines 2010 rankings. A P P h o t o / P a u l S a n c y a ( AP Photo /Carlos Osorio, file) SMOOTHOPERATOR: In this July 26, 2010 file photo, Fords Group Vice President, Global Product Develo pment, Derrick Kuzak helps unveil the 2011 Ford Explorer at the Ford world headquarters in Dearborn, Michigan.
C M Y K C M Y K ARTS THE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 9B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The Tribune Just a few images of what, we the Bahamas, looked like 40...50...60 years in the past.Flash Back May 22,1967 The running of the first Bahamas 500 mile powerboat race.Below: Odell Lewis being interviewed after wining the 500 in his Mona Lou III no 49. Mr Lewis shown here with his navigator is from Fond du Lac, Wisconsin. They completed the race in 12 hours, 36 minutes and 20 secondsBY ROLAND ROSE By JEFFARAH GIBSON Tribune Features Writer FIRST you select the wine of choice and after pouring it into the cleanest glass you can find hold it against either a white cloth or white piece of paper and then examine it. What does the colour look like: is it reddish, is it a deep brown, yellow, or gold? Swirl it aroundare the legs thick or thin? What does the tint around the rim look like? Take a whiff, do you smell the fresh aroma of apricots? Taste it. What is the texture like, is it smooth, or harsh? Does it leave an after taste, or did the taste go down as you swallowed. All of these pointers are things that you should consider when you partake in any wine tasting exercise. And if you plan to attend the 20th annual Bahamas National Trust Wine and Arts Festival this Saturday at the Retreat on Village Road these pointers can surely be used. Tribune Taste spoke to Rusty Scates wine division and catering manager at Bristol Wines & Spirits on Gladstone Road who gave a few tips on wine tasting. The three steps in tasting wine are: Sight, Smell and Taste. As wine tasting is a multi sensory exercise, Mr Scates said one must use most of their senses to effectively examine wine. "There is a formula to wine tasting. And this formula involves sight, smell, taste, and after taste," he said. When it comes to examining the appearance of wine taking note of the colour of the wine can give an idea of the wine's age. "Colour varies greatly even within the same type of wine. For example, white wines are not actually white, they range from green to yellow, to gold and brown. Deeper colour in a white wine is usually an indication of more flavour and age and possibly more complexity. However if the wine has turned brown, it may have gone off. Whereas age improves many red wines, it is not good for most (not all) white wines. Red wines are not just red; they range from pale red to a deep brown red, usually becoming lighter in colour as they age. While looking at the wine also look to see if it is cloudy or clear of if there is any sediment in the glass. This will give you an idea of the condition of the wine," Mr Scates explained. Every wonder why people swirl their wine glass? Mr Scates said swirling the wine lets you examine it's body. "The way the wine streams down the side of the glass tells you much about the wine. These streams are called legs' and good legs may indicate a thicker body and higher alcohol content," he said. After swirling the wine, smell it. Take in the aromas and think about what you smell. "It may be difficult at first to describe the aromas but with practice you will notice similarities and differences between wines. Take your time to evaluate the wine. You may even want to write down your impressions, trying to describe exactly what you smell," he said. You have completed two stages of wine tastingnow its time to taste the wine. "The initial stage is the first impression of the wine and it is where the wine awakens your senses. Then swirl the wine around the inside of your mouth and draw in some air." The next thing Mr Scates said to do is examine the body and texture of the wine and assess whether it is harsh or smooth. The final stage of your wine tasting experience is the aftertaste or the finish. At this point you want to take a moment to assess the wine's overall flavour. Mr Scates suggest taking note of things like, the impression left on your tongue or, the texture of the wine and if it was appropriate for the type of wine. The art of wine tasting
C M Y K C M Y K ARTS PAGE 10B, WEDNESDAY, OCTOBER 27, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The Tribune things 2 DO OCTOBER 27 WEDNESDAYIslands of the World Fashion Week Film Series Islands of the World Fashion Week presents its Fashion in Film Series with the screening of "Valentino," 8pm at Galleria Cinemas West. OCTOBER 28 THURSDAY1st Atlantic Canada/ Bahamian Golf Tournament The Construction Industry, in conjunction with the Bahamas' Home and Builder's Show, present the 1st Atlantic Canada/Bahamian Golf Tournament, 3pm at the Cable Beach Golf Course. Cost: $90, includes nine holes of golf, hours d'ouvres, door prizes, presentations, cash bar and business mixer. Proceeds in aid of Ranfurly Home for Children. Email: email@example.com Telephone: 677-5094. OCTOBER 29 FRIDAYHaunted Halloween Heineken Green World presents "Haunted Halloween", an all-inclusive event you dare not miss! Cost: $20/with costumes; $30/without costumes. Gates open 8pm at The Secret Gardens. OCTOBER 30 SATURDAYAnnual Ranfurly Home for Children Raffle and Mini Fair The Ranfurly Home for Children hosts its annual raffle and mini fair to help raise funds for its daily operation. 12pm-6pm on the Home's grounds. Tickets: $1/per ticket; $20/per book. Prizes include a 2011 Suzuki Swift, jewellery, gift certificates to both Super Value and City Market, and so much more! Telephone: 393-3115. NOVEMBER 3 WEDNESDAYIslands of the World Fashion Week Film SeriesThe Islands of the World Fashion Week's Fashion in Film Series continues with the screening of the ever-popular "Devil Wears Prada", 8pm at Galleria Cinemas. By ALESHA CADET Tribune Features Reporter THE Ministry of Tourism and the Bahamas Agricultural and Industrial Corporation (BAIC) are coming together on Saturday, October 29 to October 31 to present the 13th annual BahamArts Festival 2010 which will showcase more than 100 booths filled with Bahamian arts and crafts.The event will take place at the Heritage Village, Arawak Cay Fish, starting 10 am to 11 pm daily. The theme for this year's festival is called "Endless Possibilities." The mission is to bring together artisans and artists throughout the Commonwealth of The Bahamas to cultivate a Craft Village' which displays indigenous Bahamian made products, souvenirs and gifts for both tourists and locals alike. The event will feature interesting arts, crafts, clothing, accessories, jewelry, packaged and processed foods that will be displayed throughout the one hundred booths during this three day event. This year, BAIC expects participation from 30 Family Island Handicraft Associations which have been formed as a result of their intense handicraft training initiatives throughout the Family Islands over the past three 3 years. According to the BAIC, this year's National Craft Week will include the following events: National Church Service, BNCA's Annual General Meeting and the BahamArts Festival which features the likes of the Victory of the Bands, Gala Tea Party and Gospel concert." Tribune understands that apart from the actual events, the BAIC's Handicraft Department will honour Louise Bullard as it's 2010 BahamArts Honoree. Ms Bullard hails from Mangrove Cay, Andros. Titta ,as she is fondly called, has been plaiting straw since her paternal grandmother taught her, before she lost her sight as a teenager. Her grandmother made mats using the fifteen string and eleven string plaits on a wooden frame made of sticks." Ms Bullard moved to Nassau as a teenager to work at the Salvation Army and retired after eight years. "Titta has been plaiting straw to sell to vendors and is seen here with her latest role of coconut and top plait. She has three children, numerous other relatives and attends Holy Family Catholic Church on Robinson Road." The Official Opening Ceremony on Friday will be moderated by Charlene Lockhart-Bain of the Ragged Island Craft Association along with Lilian McDonald of the Grand Bahama Craft Association. There will be a prelude by The Royal Bahamas Police Force Band and a presentation of the islands by The Royal Bahamas Defence Force Rangers. Going further, there will also be a chance for people to view the Blowing Of The Conch Shell followed by a welcome and remarks by Edison Key, MP Executive Chairman/BAIC. Also, a performance by the Centre for the Deaf School is scheduled to be apart of the activities. After the opening ceremony on Friday, October 29, 2010, there will be the best booth and best product contest and great Bahamian entertainment throughout the day that will end with the wonderful music of Falcon and the Band. On Saturday, the "Victory of the Bands" which is said to be extremely well received by the public, will start at 2 pm and will include school and community bands, competing for first, second and third place prizes. The night will again feature Falcon and the Band and various artisans. Sunday afternoon will be the Gala Tea party at 2 pm where persons will compete in a table decorating contest and have "finger foods" with Bahamian drinks, such as lemonade and bush teas. A Bahamian Gospel Explosion featuring various praise teams, gospel choirs, youth choirs and individual artists will start at 6 pm. The entire festival will close with a Junkanoo parade. Bahamas National Craft Associations 13th annual BahamArts Festival (L-R): Former Governor General His Excellency AD Hanna, several Bahamian beauty queens, Prime Minister Hubert Ingraham, other government and BAIC officials and the BahamArts 2009 honouree cutting the ribbon, Doris Cleo Grant Strachan. BAIC/ Photo By ALESHA CADET Tribune Features Reporter AN official selection has been set for a short motion picture film "Eros" to be screened at this year's seventh annual Bahamas International Film Festival (BIFF). The writer and director of the film, Andrew Blum of New York City expressed that being selected is overwhelming." BIFF is a non-profit organisation committed to providing the local community and international festivalgoers with a diverse presentation of films from the Bahamas and around the world. In addition to showcasing films that might not otherwise be released theatrically, BIFF provides unique cultural experiences, educational programmes, and forums for exploring the past, present and future of cinema. BIFF aims to raise the level of filming, participation and education throughout the Bahamas and the world. Mr Blum told Tribune Entertainment that BIFF would be their first big festival they take part in. We had a few screenings around New York City recently, but they were quite humble," he said. I knew that BIFF had screened some very fine movies in the past, and I was humbled to have been invited. This film is really important to me, and I am always happy for the opportunity for new people to see it." Mr Blum said: On a more personal level, I'm always looking for new excuses to travel. I have never been to the Bahamas before. I'm from New York, and I'm really excited for the great Bahamas weather. I feel very lucky that my first film is being so well received" According to Mr Blum, there was not much to prepare for the festival, except for the travel reservations. There are four of us coming down that includes myself, the film's producer, editor, and composer. We finished the film about three months ago," he said. Going further, he said he has never actually made a fictional film before. He has always thought that he wanted to make documentaries, believing that documentaries contained more truth than works of fiction. Seeing this film as a way to either confirm my idea, or prove me wrong, I know it would be a process I'd have to take seriously and dedicate a good deal of energy to in order to be fully satisfied," he said. Mr Blum continued: I am just starting out in the film Industry. I'm always reluctant to tell people, but I'm only twenty-one years old. I guess I feel like my age ruins my credibility. I'm still a full-time college student, as well as a filmmaker. I also work full time as the 'Director of Production' for the British Broadcasting Corporation (BBC) television show "Talking Movies." In the film Blum delivers a heart warming tale of love and relationships that many can relate to. He said, "When I wrote the film, I was in the middle of my first long term relationship. My girlfriend at the time and I were having some problems connecting. It was at that point that I first learned that the present is not a linear extension of the past. For me, and I presume for others, the past and the present are oftentimes more conflated. I find it difficult to condense my feelings about this film into a few paragraphs of text. My first instinct is to acknowledge the extent to which the film is the collaborative process of many minds and creative energies. I can think of no better way to make a film than to bring the feelings and talents of those I respect most into one exhibitive whole."BIFF set to screen Short Film EROS Local writer and magazine editor Diane Phillips, right, presents a copy of Air Currents magazine featuring a story on West Palm Beach's revitalization to the city's Mayor Lois Frankel, following a presentation by Mrs Phillips to the WPB City Commission. The South Florida city's $30 million rebirth caught the magazine's attention with many of the city's issues mirroring those in Nassau, where the editor is based. "Like cities throughout the world that have fallen victim to a rush to the suburbs and more recently to gated communities, West Palm Beach had to play by the two basic magnets of winning friends and influencing business to move back in," Mrs Phillips wrote. "It had to be clean and safe. But beyond that it had to create an environment that made a statement and offered a wow factor." The article helped celebrate West Palm Beach's success story and the official opening of the 'new' city, an event that drew some 80,000 people. The magazine's cover featured an architectural rebirth closer to home, the Bullion in the British Colonial Hilton. Air Currents is the official in-flight publication of Continental Connection operated by Gulfstream International Airlines, serving approximately one million passengers a year between Florida and The Bahamas. PRESENTATION TO MAYOR Photo courtesy of Richard Brown ANDREW BLUM
C M Y K C M Y K ARTS THE TRIBUNE WEDNESDAY, OCTOBER 27, 2010, PAGE 11B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By ALESHA CADET Tribune Features Reporter Karina Glinton crowned Miss Elizabeth PLP 2010!The Elizabeth Branch of the Progressive Liberal Party came together to host the Miss Elizabeth PLP 2010 Beauty Pageant featuring contestants that performed admirably and demonstrated their beauty, character, talent, intellect, and commitment to the Elizabeth community.The event was held at the Rainforest Theatre,Wyndham Crystal Palace Hotel on Saturday, October 23. After eight weeks of preparation, each of the contestants represented the constituency of Elizabeth with excellence. While all of the contestants were seen as winners, there was only one that was able to be crowned as the ultimate winner and carry the title of Miss Elizabeth PLP 2010. Member of Parliament for Elizabeth, L Ryan Pinder extended congratulations to the contestants: Miss Sage Alcove Diondra Smith, Miss Tuvalu Court Bronique Wilson, Miss Orchard Close Karina Glinton and Miss Riviera Lane Gabrielle Mckinney, Miss Pollen Close Derricka McDonald and Miss Opaco Way Janelle Hart. In a statement Mr Pinder congratulated Karina Glinton who captured the judges to be crowned the new Miss Elizabeth PLP 2010. I am confident that Karina Glinton will represent the Elizabeth Constituency well," he said. He continued: In Elizabeth, my team focuses on community building. It is for this reason that the pageant was designed as more than a traditional beauty pageant. The host committee ensured that the pageant was structured so as to include events that focused on community development and commitment, as well as character building in our young ladies." The contestants participated in a number of community events, including visits to the Willie Mae Pratt Centre for Girls, local educational institutions and churches. I am pleased with the personal growth of all the contestants. Each contestant is a future leader in the Elizabeth constituency and a true asset to the community as a whole," he said. As part of her prize Karina Glinton will receive a two-year scholarship to The College of the Bahamas to continue her current studies in accounting. In Elizabeth, we believe that education is an important element in the development of our youth, and encourage all to pursue their dreams through education and training," said Mr Pinder. LIZZY QUEEN: Karin Glinton poses in her costume during the pageant motorcade and left with Elizabeth MP Ryan Pinder after being crowned Miss Elizabeth 2010.
C M Y K C M Y K The Tribune SECTIONB INSIDE The art of wine tastingSee page nineWEDNESDAY, OCTOBER 27, 2010Karina Glinton crowned Miss Elizabeth PLP 2010!See page 11 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM CR Z ya TRUDY Barry can't draw! This is probably unbelievable after seeing how she turns the human figure into an expressionistic art piece. What is also intriguing is that most of her body art work was completed with the help of q-tips and baby wipes. "I can't draw. It is something that I would love to learn how to do because if I am able to sketch my ideas before hand, I think my vision of what I want to see on a person's body can come alive," said the artist. Although she has done face painting as Kocoo the clown for her company Unique Facial Art & Designs Kocoo, she turned into "Selina" (the name that she paints under) the body artist over night. "I attended a week long conference that would assist me with my clown company but I ended up only staying for two days. But when I got to this workshop I saw naked models just walking all around. They were in the nude and they were so comfortable with their nudity and then I realised it wasn't about the nudity anymore it was about the art," she said. Now when she gets ready to paint tiger stripes the human figure becomes her canvas. "I don't see breasts, or legs or arms, what I see is a canvas where I can paint my visions," she said. On November 28 "Selina" will introduce herself and her work to the Bahamas in a nude gallery still image show entitled "Crazy Beautiful" which will be held at Superclub Breezes in the Ocean View Suite. The show is a collaboration between Selina and two upcoming Bahamian photographers Kovah Duncombe and Lamon Bethel. The nude gallery show, will open with a live body painting demonstration by guest artists from the United States. The show will also feature a silent auction, where individuals will be able to purchase pictures of her body art work. It has always been "Selina's" goal to bring to the forefront talented young individuals and she said the show aims to do just that. "As a young artist I know that we have a number of talented young photographers out there who produce good work and they are just two who I decided to work with," she told Tribune Arts. "I want to get young artists known because they do an excellent job. We have talented young individuals in the Bahamas who can facilitate any event like movies, or music videos or wherever it is needed." Part of the proceeds from the silent auction will be donated to the Elizabeth Estates home through the HLB Foundation which Selina is the local administrator. "I chose the Elizabeth Estates home because often times you hear about charitable events in aid of the Ranfurly home but I hardly every hear things about the Elizabeth Estates home so that is the reason why." And when she is not Kocoo the clown, Selina, or working as at her accountant job, she is engaging herself with projects at the Elizabeth Estates Home. "I did an Easter extravaganza where I painted the kids' faces and that gave me so much joy because I don't have any kids and it gave me great joy to see those kids' smile and as of right now those kids are my own social project," the artist explained. "Selina" paints for Bennigans on Tuesdays and at the Sandals Royal Bahamian Resort on Wednesday's and Friday's. Additionally she will be painting for Halloween at a secret location. Persons interested can contact her at 465-2505.u T lBa fEi u By JEFFARAH GIBSON Tribune Features WriterQUICK LEARNER: In just two day "Selina" learnt to make artistic expression on the body.I don't see breasts, or legs or arms, what I see is a canvas where I can paint my visions.' Selina