N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Volume: 107 No.179THURSDAY, JUNE 30, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUN, T-STORM POSSIBLE HIGH 91F LOW 81F By NOELLE NICOLLS Tribune Staff Reporter firstname.lastname@example.org A FORMER senior administrator of the Education Loan Authority said he is not aware of any duties that would require the chief administra tive officer to receive remu neration akin to a board mem ber. Howard Bastian, former chief administrative officer (CAO any compensation outside of his salary for work rendered to the board of directors. He served as CAO from 2003 to 2006, on secondment from the National Insurance Board. He is no longer connected with the Education Loan Auhority (ELA No, I did not have to perform above and beyond my duties. If I did anything per taining to the board it was in the capacity as the CAO. They were a part of my duties as CAO, said Mr Bastian. He was questioned by The Tribune after it was reported that Deborah Jackson, current CAO, receives $5,000 in board remuneration, in addition to her more than $50,000 salary. Lowell Mortimer, chairman of the board, said the payment to Ms Jackson is not as a board member. He said it is an ex gratia payment, or honorarium for performing duties of service to the board beyond her regular job. He noted that Ms Jackson prepares documents for board meetings, but he did not specify what above and beyond duties she is required to perform. Ms Jackson referred all com ments to the chairman. She confirmed that Patrice Paul, ELA executive secretary, attends board meetings, being responsible for taking minutes. No records seen by The Tribune indicate Ms Paul receives board remuneration. Under previous administra tions, sources said it was standard for the CAO, with the executive secretary and the financial officer, to attend board meetings, and there was no one-man band. There is no need for a stipend, because if everybody acted in their capacity then the CAO would not have no pile of work to do, no over-exorbitant nothing, said a Tribune source. According to documents seen by the Tribune, Ms Jackson was paid a performance bonus of $4,975 in January 2011. The documents indicated this cheque was signed by Ms Jackson in payment to herself. As one of only two signatories, Tribune sources claim, it is not uncommon for Ms Jackson to sign cheques to herself. Hubert Chipman, deputy board chairman, said: I am TRY OUR McFLURRY SNICKERS The Tribune THEPEOPLESPAPER BIGGESTANDBEST LATESTNEWSONWWW.TRIBUNE242.COM Money for education officer questioned ANOTHERDEPARTMENTOFEDUCATIONEXCLUSIVE N N O O B B O O D D Y Y B B U U T T N N O O B B O O D D Y Y B B E E A A T T S S T T H H E E T T R R I I B B U U N N E E I I N N S S I I D D E E T T O O D D A A Y Y C C A A R R S S ! C C A A R R S S ! C C A A R R S S ! L L O O A A D D S S O O F F J J O O B B S S A A N N D D H H E E L L P P W W A A N N T T E E D D ! T T H H E E T T R R I I B B U U N N E E S S C C L L A A S S S S I I F F I I E E D D S S T T R R A A D D E E R R SEE page 16 POLICE have issued an urgent appeal to relatives of missing persons after a body was found burnt beyond recognition yesterday. The charred human remains were discovered inside a razed vehicle at the rear of Dignity Gardens subdivision, Carmichael Road shortly after 11:30am. Persons with missing relatives are asked to come in to the Central Detective Unit to aid with identification efforts. Investigations are continuing. Felip Major /Tribune staff BODY FOUND IN BURNT OUTCAR By TANEKA THOMPSON D eputy Chief Reporter email@example.com THE current make-up of the Boundaries Commission leaves the electoral process open to "legalised cheating" and gerrym andering, claims Opposition Member of Parliament Dr B ernard Nottage. The constitution enables four MPs two from the governing party, one from the opposition and the Speaker of the House of Assembly to sit on the commission. A judge must also be appointed. Dr Nottage argued that sit ting MPs should not be on the board because the opportunity to rig boundaries in their M P: BOUNDARIES COMMISSION LEAVES ELECTORAL PROCESS OPEN TO LEGALISED CHEATING SEE page 14 By SANCHESKA BROWN BAHAMAS Telecommunications Corporation employees have one more day to decide whether they will accept or decline the voluntary severance packages being offered by the new owners, Cable and Wireless. Bahamas Communications and Public Officers Union (BCPOU Curry said the majority of his members are leaning toward accepting the package. In fact, he says, the company may be surprised because the number is higher than they originally thought. I would say at least 40 per cent of the members want to take the package, he said. By CELESTE NIXON Tribune Staff Reporter firstname.lastname@example.org PUNCH editor Ivan Johnson is to appear in court today afterb eing detained by US customs officers, police say. According to police reports, the tabloid boss was arrested just after 5pm in the pre-clearance section of Sir Lynden Pindling Airport on Monday on suspicion of having made a false declaration. Tribune sources confirmed Johnson was found with $9,800 in his possession and was accompanied by two women carrying $2,000 each. Court dockets further claimed PUN CH EDITOR SET FOR COURT AFTER US CUS T OMS DETENTION S TAFF HAVE ONE MORE DAY TO DECIDE ON BTC SEVERANCE PACKAGES SEE page 15 SEE page 16 THE world-famous One and Only Ocean Club on Paradise Island was branded the worst luxury hotel ever by a leading contributor for Forbes.com and the Travel Edition of Cigar Aficionado yesterday. Larry Olmsted, a self-described expert on golf travel, reviewed in great detail his unpleasant visit at the luxury resort eight years ago, and the unprofessional service he received during his stay. His detailed description, which outlines poor service at the Dune Restaurant, tired food with surly service at the Courtyard Terrace, and a haphazard golf service, can also be found mak ing the rounds on Facebook as Bahamians debated back and forth on the poor review. RESORT HAS ADDRESSED MANY ISSUES OF SCATHING 2002 REVIEW SEE page 14
EDITOR, The Tribune. I am referring to the article entitled Wind Power Would Not Be Economically Feasible in Nassau on J une 27, 2011. F irstly that is complete a nd absolute rubbish. Wind P ower can and does work in t he Bahamas, including in Nassau, in fact, wind speeds on New Providence, Nassau are on average 6.8 m/s (or 15.2 mph) at 150 ft hub height excluding hurricaned ata making it a Class III wind regime similar to most o f North America. N ew Class III wind turbines, can easily generate power at low wind speeds with great return on investment. R esidential scale wind p ower also generates more electricity with less use of r eal estate than solar panels a nd is also cheaper to install about 50 per cent less than the cost of solar panels. Ones mall residential wind turbine can generate up to 300k ilowatt of nameplate capacity equivalent to 1,000 solar panels. The team at the Bahamas Renewable Energy Corpor ation has developed in e xcess of 3,000 Megawatts of wind and solar power worldwide. We have successfully p lanned and proven that resi dential scale wind power solutions work for home-o wners in neighbourhoods like Ocean Club, Cable Beach, Lyford and the outislands like Abaco andE leuthera. Because we are a leader in designing wind and solarp ower and with all the Bahamian wind data we have I can say with all confidence that it is indeed feasible even in the megawatt category. T he key is to have a partn er that is an expert in the f ield, has global resources to g et you the best pricing and execute the installation to make sure that it is bankable. Most projects are not f easible simply because of the bloated margins of locals uppliers that prefer selling t he more expensive solut ions to uneducated buyers. Mr THOMAS S chneider, B.Com Chairman Bahamas Renewable Energy CorporationJ une 28, 2011. EDITORIAL/LETTERS TO THE EDITOR PAGE 4, THURSDAY, JUNE 30, 2011 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. Publisher/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 I nsurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES S witchboard (News, Circulation and Advertising) 322-1986 A dvertising Manager (242 W EBSITE w ww.tribune242.com updated daily at 2pm WE RECALL seeing during the Second World War a most effective poster of Uncle Sam, top hat and all, with a cautionary finger to his silent lips and the warning: Lose lips costs lives. The leaked diplomatic briefing cables flowing to Washington from the US Embassy on Queens Street have not cost lives, not even reputations, but have just reaffirmed what Bahamians openly talked during that period about their politicians and the state of their country. However, many Bahamians seem not to like the fact that their open talk got to the ears of Embassy officials through official channels. We do not know whether Bahamians who complain about Americans informing Washington about our dirty linen really understand the functions of an embassy in a foreign country. Embassies and high commissions are not established just to take care of their own citizens who might find themselves in difficult situations far away from home, or to issue passports and visas. They are also here to promote friendly relations between our two countries, find out what the problems are in the host county as it relates to the embassys home country so that a potential problem caught early can be settled by dis cussion and a friendly handshake. For this it is important to get to know the countrys leaders, how they view various situations of mutual interest and how far they can be persuaded to be on your side when it comes time for that all important vote on various world issues at the UN. It is a world of friend ly persuasion for this it is important to know your neighbour, how they think, their ambitions and how far those ambitions can be meshed with your own. And so all these small and big talks confidential as both s ides thought they were are all a part of a days work in an embassy. In their reporting the US Embassy staff were doing their job it is not their fault that their security was breached. And for Opposition leader Perry Christie to complain that Embassy officials seem to have taken on the FNM propaganda about him is not realistic. US diplomats did not h ave to be told what to think about Mr Christie. Like others they had frequent deal ings with him as prime minister, and like all those others, it is no coincidence that most arrive at the same conclusion. In one Embassy report it was said that Mr Christie has always been weak and indecisive and lacks vision, but is a good man. This happened to be an Ingraham quote, but the same c ould have been said in all honesty, and without malice, by almost anyone who has ever had to depend upon Mr Christie for a decision. The Americans would have arrived at the same conclusion in their own dealings with him. During the drug years the performance of the Bahamas government and its citizens was important to the US because it was through the participation of so many Bahamians in the drug trade that American lives were being adversely affected. And so it was important to infiltrate the network, and keep the information flowing during the drug wars. The Americans during that era certainly knew who they could trust and not trust and that is why as they did in Afghanistan several surprise raids were conducted without their Bahamian counterparts being included in the planning. Probably that is why in the end like Tribune staff they trusted few in official circles. It was during that period that Paul Adderley, then Attorney General, made a trip to Washington and came back home breathing fire and brimstone against The Tribune. He accused us of sending Tribune clippings to Washington to keep them informed on our narco-economy. Therefore, we were traitors. Here at The Tribune at the time, not only were we fighting the drug trade, but we were fighting a government that was trying to close this newspaper down for the position we had taken. We had no time to be a newspaper clipping service for Washington. This was an example of the work of US Embassy staff in their business of keeping Washington informed. It was during that period that at least two of our anti-drug editorials were read into the records of the US Senate. What Mr Adderley did not realise until the 1984 Commission of Inquiry report into the transshipment of d rugs shook him into reality was that in his own government he was daily rubbing elbows with some of this countrys real traitors. Today we think that the Bahamas and the position of its government would be of great interest to the US especially with China in a strong position at her backdoor in the Panama Canal, at her front door in the Bahamas, and infiltrated throughout the C aribbean basin. The worlds two giant powers are now paddling in what was once Amer icas exclusive zone of influence. For the sake of our country and its people when it comes to a crucial vote in the UN, lets hope that China and the US are on the same side. The day that the Bahamas has to make a choice as to which one it will support, will be the day that it will certainly have to do a m ean Long Island shuffle to disappear into the shadows. Wind power indeed feasible in Nassau LETTERS l email@example.com US diplomacy in Bahamas not understood 127,&(LVKHUHE\JLYHQWKDW -8$1GH-(686*$5&,$ RI:,/62175$&.1$66$8%$+$0$6 LVDSSO\LQJ WRWKH0LQLVWHUUHVSRQVLEOHIRU1DWLRQDOLW\DQG&LWL]HQVKLS IRUUHJLVWUDWLRQQDWXUDOL]DWLRQDVFLWL]HQRI7KH%DKDPDV DQGWKDWDQ\SHUVRQZKRNQRZVDQ\UHDVRQZK\ UHJLVWUDWLRQQDWXUDOL]DWLRQVKRXOGQRWEHJUDQWHGVKRXOG VHQGZULWWHQDQGVLJQHGVWDWHPHQWRIWKHIDFWVZLWKLQ WZHQW\HLJKWGD\VIURPWKH 5' GD\ RI WRWKH 0LQLVWHUUHVSRQVLEOHIRUQDWLRQDOLW\DQG&LWL]HQVKLS3%R[ 127,&( EDITOR, The Tribune A policeman who was not handcuffed was charged with having sex with a minor and given a small bail and a lawyer w ho was handcuffed was charged with an unlicensed gun and g iven a $10,000 bail and has to report to a police station every week. Now I am not saying one way or the other who is guilty or who is innocent, but this is a clear example that the law isd ispensed on an uneven playing field. Why was a man who has been charged with destroying a little girls life not handcuffed? Does the police not think it serious enough to make sure this man is treated with the same contempt like any oth er accused. Why has a reputable lawyer who is vying for political prominence handcuffed? Is this orchestrated to embarrassh im or is this procedure? If it were procedure I would rest m y case. But because the officer who was charged with rape was not handcuffed, then I could easily conclude that this exercise by the police was done intentionally to embar rassed Paul Moss. On the other hand, could this be an indication that the police do not take allegations of rape of a young girl, allegedly by a police officer, seriously? I would hate to believet hat we as keepers of the gate have trivialized rape and f ocused on playing political games. Again I must hasten to say, I do not know the particulars of either case, but I know for sure that perception is reality. I t is high time that the playing field be levelled. Either handcuff all persons charged or do not handcuff anyone. Stop this foolishness, document the procedure for all to know and the public would cooperate better. A word to the wise is sufficient. IVOINE INGRAHAM Nassau, June 21, 2011. Level the playing field, either handcuff all or handcuff none EDITOR, The Tribune. Re: Government plans legisla tion to strengthen death sentences. The Tribune, June 21, 2011. There are many interesting aspects to the capital punish ment debate, such as why it is not a deterrent to murder. However, although it does have an enviable recidivism rate, it seems that those with the capital dont always get the punishment. Bearing in mind that capital punishment is so completely irreversible, there is one troublesome question that we might ask ourselves when advocating it: Are our police, jurors and legal systems so infallible that we can always guarantee that 100 per cent of death sentence convictions are 100 per cent just and 100 per cent free of well-meaning human error? If not, sooner or later, we might unintentionally leave ourselves open to the horrific tragedy of taking an innocent human life. KEN W KNOWLES, MD Nassau, June 26, 2011. A TROUBLESOME QUESTION ABOUT THE DEATH PENALTY
B OAT owners who have anchored their vessels in the restricted area of Nassau Harbour must remove them today or face penalties imposed by the port controller. The small boats and fishing vessels clogging up the area around Potters Cay dock will be removed by the port authority if not by their owners. Port controller Commander Patrick McNeil said he is determined to clean up Nassau Har-bour and keep it clean for the whole community. He worked with the Nationa l Coastal Awareness Committee (NCAC the public and private sector to remove 18 sunken vessels last m onth, as they had been abandoned in the restricted area between Malcolm Park and the Bahamas Air Sea Rescue Association (BASRA side of Potters Cay, and the Nassau Yacht Haven on the East side. Commander McNeil said boaters must have his permission to anchor in the area, and he has made several public announcements to ensure the owners of small boats and fishing vessels kept at Potters Cay are aware they must move them by July 1. O nce they are moved, he can continue to work with the NCAC to dredge up the refrigerators, toilets, batteries and o ther heavy and toxic waste from the water near the popular eateries at Potters Cay dock. We want to clean the sea bed from all the junk thats sitting on the bottom there, so persons will have to take charge of their vessels and relocate them, Commander McNeil said. I would do anything I could possibly do to assist them in trying to find a location for them, they can put them in a marina, or at a dock, or park them up on a trailer and carry t hem home, but there isnt anywhere for them in Nassau Harbour and we have to move them, we have to clean up. We want to return the Port of Nassau to its natural beauty, its going to take a bit of time, but we are going to be very persistent and focused towards that e nd. Commander McNeil said he will ensure boats left in the restricted area are removed and owners pay the costs so taxpayers do not have to foot the bill. The courts will decide what happens to boats that are not claimed. Commander McNeil is determined to ensure the hard work of the NCAC and volunteers will not be in vain, by ensuring no more boats are anchored or abandoned in the area. The clean up project sup ported by the government min istries of tourism and the environment, extends to Malcolm Park where the Bahamas Foot ball Association, with funding from FIFA, is installing recre ational facilities for the public, including football facilities. LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 5 'HDG,GROVDQGWKH/LYLQJ*RG BOATS IN RESTRICTED AREA OF NASSAU HARBOUR MUST BE REMOVED TODAY SUNKENVESSELS are removed from the harbour in May. O WNERSFACEPENALTIESIMPOSEDBYPORTCONTROLLER
LOCAL NEWS P AGE 6, THURSDAY, JUNE 30, 2011 THE TRIBUNE A THIRD man charged in the murder of a phone card vendor was arraigned in Magistrates Court yesterday. Police have charged James Mombrache with the February 26 murder of Charles Chrysotome. C hrysotome, 27, was shot and killed during a home invasion in Domingo Heights. Mombrache, 18, of Winders Terrace, was not required to enter a plea to the charge during his arraignment before Chief Magistrate Roger Gomez in Court One, Bank Lane. H e was not represented by a lawyer. Twenty witnesses are listed on court dockets. Prosecutors will proceed with a voluntary b ill of indictment, to be presented on August 5 Mombrache was remanded to Her Majestys Prison. R odney Oneil Johnson, 19, of Garden Hills and Ricardo Brown, 23, of Kennedy Subdivision have also been charged in Chrysotome's m urder. Third man charged with murder of phone card vendor CHARGED: 18 year old James Mombrache at court yesterday. By DENISE MAYCOCK Tribune Freeport Reporter d firstname.lastname@example.org FREEPORT Grand Bahama Port Authority licensees are entitled to bond privileges under the Hawksbill Creek Agreement, however, some are questioning why they are not able to purchase propane gas bonded for use at their businesses in Freeport. Laundromat and restaurant operators in the Port area believe they are being put at a disadvantage and complained that the high cost of propane is affecting their businesses. Two local laundromat owners made their concerns public by holding a demonstration last week near the Grand Bahama Port Authority, which is the regulator for the Freeport area. The Tribune attempted to contact Port Authority president Ian Rolle, however, he was unavailable for comment and did not return a call up to press time. The Tribune spoke with Grand Bahama Chamber of Commerce President Peter Turnquest on Tuesday about the matter. He felt that the operators should be able to purchase propane gas bonded. If they are licensees I see no reason why they should not be able to purchase it bonded. It is not as if it is going to a portable tank that they take to their house to use for personal consumption. It is obviously being used in their business and they ought to be able to benefit from bonded concessions just like any other business. It is the same as if someone was using diesel in their truck; I dont see what the difference is, Mr Turnquest commented. Mr Turnquest said he first heard about the situation last week. He said the men have not made any representation to the Chamber. The laundromat operators are calling on more businesses that are affected to come forward. This has been going on for too long. Unfortunately, we in Grand Bahama sit back and do nothing and it is time that people who are affected by these things come outbecause as long as they sit down, nothing will happen, they said. Turnquest: Operators should be able to purchase propane gas bonded T i m C l a r k e / T r i b u n e s t a f f
By CELESTE NIXON Tribune Staff Reporter email@example.com THE mission of Fox Hill Prison should not be changed from punishment and retribution to rehabilitation, according to a g roup of prison officers. D uring a Press Confere nce held yesterday by the Bahamas Prison OfficerS taff Association ( BPOSA), their attorney R omona Farquharson said i f reconditioning prisoners i s going to be part the Prison Departments mandate, it should be conducted at a separate facility. This, she said, is one of the BPOSAs core problems with the proposed C orrections Act. According to Ms Farquharson, the prison is curr ently run as a state penit entiary more concerned w ith retribution and punishment than rehabilitation. If we move toward a c orrectional facility then we are talking more along the lines of rehabilitation and the entire structure would have to change and there would have to be further training of officers, she s aid. L ooking at the crime rate and the opinions of officers a nd the general public, Ms F arquharson said, the quest ion needs to be asked who is calling for this change. She said this has been one of the core issues ont he mind of officers since the Act was first proposed some years ago. M s Farquharson added the association has met with a certain amount of resistance and even hostili t y when trying to voice its o pinions. Prior to the press confer ence, the National Cong ress of Trade Unions (NCTU Supt Dr Elliston Rahming and the BPOSA with the h opes of moving forward w ith negotiations on a mendments to the draft v ersion of the Act. N CTU president Jennifer I saacs-Dotson said that a small step has been made in terms of all parties con cerned being able to come together and talk. Dialogue She said: Social dialogue was the theme of the meeting because you have to be able to sit down and speak w ith each other to resolve issues. Mrs Isaacs-Dotson said t he BPOSA and prison e xecutives will meet on July 1 8 and will be looking in detail at the Corrections Bill with the goal of comingt o an agreement on amendments that would accurate ly represent concerns of all p arties involved. The important thing for us was to be able to facili t ate them just simply talki ng to each other and to be a ble to move past a numb er of issues, said Mrs I saacs-Dotson. S he noted that this meeting has been one of many attempts to facilitate nego tiations. In May, the NCTU met with Minister of National Security Tommy Turnquest t o discuss issues and concerns expressed by the BPOSA and while a followu p meeting was scheduled, m inistry officials did not s how up, the union leader said. LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 7 !"#$%'(")' *+,-*./0/ !"#$%&"'(%)(&%*$$%"+,%-./01%23456%*789$*: FromB e autifulSumm e rColor s toInd e p e nd e n ce Color s BPOSA voices concern over proposed Corrections Act ACCORDING to a group of prison officers, the mission of Fox Hill P rison should not be changed from punishment and retribution to r ehabilitation.
By LAMECH JOHNSON OFFICERS responsible for the Royal Bahamas Police Force 18th annual Youth Summer Camp said that the programme is ano pportunity for the force to h elp reduce the number of criminal activities that affects t he country. In a meeting with the press yesterday morning at the East Street north police h eadquarters, Supt Stephen D ean said that young people have become idle and new c amp initiatives will help their policing plan. We have added a number o f new initiatives to the camp and we believe this will go al ong way with the police and o ur policing year plan, in e ngaging our young people i n a positive environment. And this is an important part o f the plan because if we can get to our young people, web elieve that we can reduce t he number of criminal activities that exist now in our Bahamaland. He also revealed that the camps duration would bee xtended for an additional two weeks. So now instead o f four weeks the camp will r un for six weeks to meet the demands and needs of parents, he said. S gt Dean said plans were well along the way for the start of the camp, which opens on Monday with a ceremony at the Grants Town Seventh-day Adventist Church. He thanked the many corporate sponsors who continue to assist with the success of the camp. T here will be 10 camps u nder seven policing divisions at different school g rounds in New Providence, in addition to camps throughout the family islands, said Sgt Dean. Those islands i nclude Grand Bahama, Abac o, Cat Island, San Salvador, Exuma, Bimini and Long I sland. All of these will be having camp simultaneously as will N ew Providence, he said. Sgt Chrislyn Skippings s poke more on the emphasis o f the camp for the six week p eriod. This year, she said, our programme will be focusing o n four things. The Bible, culture, law, sports and thef amily so that would make f ive aspects we will be focusing on. She also spoke about the addition of a speech competition that would help youngp eople to develop their thoughts, to be able to work on their language skills as well as to be able to come up with solutions to problems that are happening in the country. This camp will be truly a mazing, unlike anything the f orce would have ever had. The camp will also add s occer to its sporting activities (basketball league and track and field meet) thanks to assistance from the B ahamas Football Associat ion. Supt Dean expects a larger a ttendance in the programme this year, surpassing last years mark of 3,000 campers. It has been working and continues to expand eachy ear. O fficers in command of e ach camp will be joined by 2 00 collegiates this year. The six week camp is for c hildren ages 8-14, though Sgt Skippings says no childw ill be turned away if they a re younger siblings of a camper. The camp closes August 12 with a cultural concert at the National Centre for the Per f orming Arts. LOCAL NEWS P AGE 8, THURSDAY, JUNE 30, 2011 THE TRIBUNE THE Bahamas Humane Society is trying to find a home for a very friendly Doberman named Robin. She was terribly treated by her former owners, who hacked off one of her ears, used her for breeding and then abandoned h er to starve. Robin, who vets think is about three years old, has been living at a good foster home since being rescued and is recov e ring well. But her foster parents are leaving Nassau next week, and Robin will find herself homeless again unless another loving family steps in. S he is described as a mellow, well trained dog that likes to lie in the sun or on the cool tiles indoors. Anyone interested in providing a new home for Robin should c all Fiona at the Humane Society shelter on 323-5138. P OLICE FORCE YOUTH SUMMER CAMP WILL HELP REDUCE CRIME P OLICE s peak to the press at the East Street north police headquarters. HUMANE SOCIET Y SEEKS HOME FOR DOBERMAN ROBIN
VINCENT Saunders, an employee at the Sandals Royal Bahamian Resort, has been nominated for Sandals Resorts Internationals prestigious Ultimate Team Member of the Year Award and will go to Jamaica for ana wards ceremony to be held in August. Mr Saunders was recently named Sandals Royal Bahamians Prestige Award for Team Member of the Year, which made him eligible to be nominated for the top title. Being nominated was the best feeling in the world. I am still a bit mystified that they chose me. I thank the Sandals management team for seeing me and the hard work that I do. I love what I do and over all it is a great feeling to be recognised for your hard worka nd dedication, Mr Saunders said. The Ultimate Team Member of the Year Awards were first held in 2009 at Sandals Grande Ocho Rios and were intended to reward the person who across Sandals R esorts Internationals properties best represented the qualities and characteristics of an ideal Sandals team member. Mr Saunders, who is a member of Sandals Royal Bahamians Butler Depart ment, will be up for considera tion for the title with finalists selected from the pool of 10,000 Sandals, Beaches, Roy al Plantation and Grand Pineapple Beach Resorts employees across the Caribbean. Mr Saunders said his love of service and the desire to be t he best at whatever he does led him to the hospitality industry and made him determined to become a butler. As a butler I am the first person they see when they come in and the last person they see when they go out. I basically direct their thoughts and ideas about the Bahamas and I believe I contribute a lot to my guests impressionso f Bahamians and the country, Mr Saunders said. Last years winner was Antiguan Nasasha White, a team member at Sandals Grande Antigua Resort and Spa. Winners of the Ultimate Team Member award are giv-e n a crystal trophy, $2,500 and a trip that includes luxury ground transfers and travel to the resort destination of their choice in Sandals CEOs own private jet. LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 9 Break away from the ordinary and discover how to experience life to the fullest. The Isuzu D-MAX is the ultimate multi-purpose pick-up truck which enables you to drive through tough roadsand load a variety of cargoes. It is specially designed to be powerful, stylish and highly functional. The Isuzu D-MAX is one toughvehicle that willnever let you down!T H E I S U Z U D M A XPOWERFUL COMFORTABLE VERSATILE T YREFLEX S T AR MO TORSCall us today for your new IsuzuD-MAX Pick-UpTruck at 325.4961Wulff Road, P.O. Box N 9123, Nassau, The Bahamas Fax: 323.4667 SANDALS Royal Bahamian will begin the fourth session of its Hospitality Training Prog ram today at 5pm at the HO Nash Jr High School. This six-week training program is designed to provide participants with exposure, training a nd skills within the hospitality industry. The program is free of charge and welcomes persons between the ages of 18 and 25. A t the end of the training, the participants are evaluated and those who pass the test will graduate with a certificate and letter of recommendation signed by General Manager of S andals Royal Bahamian Patrick Drake. If the resort has vacant positions in a stu dent's area of training following graduation the person will likely be offered employment a t Sandals. On Tuesday the resort graduated 20 young persons from its third HTP class and of thatg roup, seven were employed by Sandals Royal Bahamian. S ANDALS SET FOR FOURTH SESSION OF HOSPITALITY TRAINING PROGRAMME VINCENT SAUNDERS IN THE RUNNING FOR SANDALS ULTIMATE TEAM MEMBER AWARD JAMAICATO HOST CEREMONY IN AUGUST N OMINEE: V incent Saunders of the Sandals Royal Bahamian Resort
LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 13 THE ROTARACT C LUBof South East Nassau Centennial (RSENC held its change-over cere-m ony for its new 2011-2012 Officers and Board on T hursday. Rotaract, a Rotary spons ored community service club, is made up of young men and women ages 18-30. R otaract stands for "Rotary in Action." T he sponsor club for RSENC is the Rotary Club of South East Nassau (RSENC group in 2005. RSENCm eets every 2nd and 4th Wednesday of each month at 6:30pm at the NassauY acht Club. ROTARACT CLUB HOLDS CHANGEOVER CEREMONY 2011-2012 OFFICERSANDBOARDTAKE OVER RSENC'S ROTARACTEROF THE YEAR a ward winner (2009-2010 Kenyatta Rolle (centre Curtis (left Rishad Bain ( right). RISHAD BAIN (centre w as presented the R otary International Paul Harris Fellow Award for outstanding achievement. The award is being pre-s ented by Sean Blyden (lefto f South East Nassau Y outh advisor and Marvin Bethell (right outgoing Rotary Clubo f South East Nassau President. Shar e your news The Tribune wants to hear from people who are making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for impr o vements in the ar ea or have won an awar d I f so, call us on 322-1986 and share your story.
LOCAL NEWS PAGE 14, THURSDAY, JUNE 30, 2011 THE TRIBUNE R BC Royal Bank (Bahamas is presently considering applications for: Manager Card Services (Bahamas & Cayman) Bahamas Card CentreT he successful candidate should possess the f ollowing qualifications: AICB/ABIFS Diploma or a College Degree in Banking (or a related field) At least 5 or more years banking experience Knowledge of Card Services would be an asset K ey Skills Required: Demonstrated leadership experience required ( minimum 5 years in a senior position) Strong communication skills (verbal & written) Strong Listening, Understanding & Responding skills People M anagement Coaching Impact and Influence Project Management skills Microsoft Office skills (Word, Excel, Power Point) Responsibilities include: Responsible for the overall operations of the Bahamas/Cayman Card Centre Responsible for overall site implementation of Card Services strategies in support of Regional objectives Responsible for Scorecard Results for Card Services with particular emphasis on reducing NIE Responsible for identifying strategies for growing the credit card and merchant portfolio Responsible for strategies to enhance employee and customer care; optimize efficiencies and mitigate risk Liaising with Visa and MasterCard to ensure compliance to operating standards Responsible for building relationships with Service Partners and providing ongoing communication on activities that impact sales units Responsible for managing relationships with 3rd party vendors Responsible for working in partnership with International Systems on implementations and planned initiatives Providing leadership and coaching to Direct & Indirect Reports Overall responsible for UFC, AML, Privacy for Card Centres A competitive compensation package (base salary & bonus) will be commensurate with relevant experience and qualifications. Please apply by July 1, 2011 to: Assistant Manager, Recruitment & Employee Development Human Resources Bahamas Regional Office RBC Royal Bank (Bahamas) Limited P.O. Box N-7549 Nassau, N.P., Bahamas Via fax: (242 Via email: firstname.lastname@example.org www.rbcroyalbank.com/caribbean Registered trademarks of Royal Bank of Canada. Used under licence. A portion of Mr Olmsteds post reads: The only consistent thing about our stay was unfriendly and unwelcoming, often hostile, service across the board. Then a few months later a friend of mine who was the s ales manager of a major pharmaceutical company had a contest and took his two top salespeople and their wives on an all-expense paid trip to the Ocean Club, booking three rooms and spending a lot of money, and when we debriefed, he basically had most of the s ame problems I had, said the front desk totally screwed his bill up and tried to overcharge him, and he vowed not to return. I completely understood. In response yesterday, Alex Kim, the general manager of the One and Only at Ocean Club, issued a statement that said while Mr Olmsted was not looking for an apology for his service, the resort was still sor-r y that the time he spent at the resort did not meet his expectations. We are always seeking to i mprove our guest experience and while I cannot speak to your service in 2002 (which is when our records show you last stayed with us), I can assurey ou that we have addressed many of the issues and challenges you outline in your review since your visit nearly a d ecade ago, said Mr Kim. We take your feedback very seriously and while there is no excuse for poor service, we would like to take this oppor-t unity to update you on some of the changes that have taken place at the resort since 2002. Since your stay, we have invested more than $30 million inr esort upgrades and maintenance, including the creation of three 4,400 square feet seaside villas and a complete inter ior renovation of the Crescent Wings 40 beachfront rooms and 10 beachfront suites (which is where our records show you stayed). M r Kim said the resort also recently renovated the Courtyard Terrace and appointed a new executive chef and menu. While we have received a number of honours from leading travel and golf publications already in 2011 (including Conde Nast Traveler, Trav-e l+Leisure, Golfweek and Golf Digest), one award which truly speaks to our inroads in service that I wanted to share with you was our current ranking as then umber four resort in the Atlantic Ocean by the readers of Cond Nast Traveler in October 2010. This is the sixth t ime we have been honoured with a top ranking by CNTs Readers Choice Awards since we opened in 2000. I joined the One and Only O cean Club as general manager in 2010 and have lived and worked in the Bahamas since 2003. Like any international destination, there are certainly challenges and perceptions to be overcome, but I strongly believe in the dedication andw armth of the Bahamian people and my team at Ocean Club. On behalf of my entire team, we thank you for your feedback and promise to continue working at creating the best possible experience for our guests. f avour is too tempting. He said: "I do not believe that serving members of Parliament on the commission best serves the implied independence of the process. This process so critical tof ree and fair elections that, in my view, it should be taken out of the hands of active politicians. The temptation, pressures, the opportunity for partisan political mischief i s just too great." The Prime Minister also has the power to alter the decisions of the commission to his advantage, Dr Nottage said, which makes the whole process even more parti-s an. "I call that legalised cheating," the Bain and Grants Town MP said, during the debate on amendments on the Parliament ary Elections Act. The commission should be formed with independent and impartial members from civil society who should be tasked with reviewing the boundaries from time to time. Dr Nottage also called for reforms to the powers of the Prime Minister to take away hisa bility to interfere in the commission's choices. The creation of a permanent voter register an idea PM Hubert Ingraham has said he is in favour of should eliminate the justifi-c ation of appointing the boundaries commission which cuts new constituency lines near the next general election, said Dr Not-t age. The former health minister, who held the post in the Christie a dministration, also lamented the plight of "functionally stateless" persons born in this country to foreign parents many Haitians who are unaware of the process of obtaining Bahamian citizenship. He told Parliament that current laws make it impossible for m any young residents who are entitled to Bahamian citizenship to exercise their right to vote because of bureaucratic hurdles ton aturalisation. DRBERNARDNOTTAGE F ROM page one MP ON BOUNDARIES COMMISSION F ROM page one RESORT HAS ADDRESSED MANY ISSUES OF SCATHING 2002 REVIEW
LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 15 that Johnson, 58, of West Hill Street, Christine Toote, 22, and Michell Gomez, 21, made a false declaration to a US officer just prior to entering the US Customs area. It is further alleged the three made a false declaration that they were not carrying in excess of $10,000 when they were found to be in possession of $13,685 US and $90 in Bahamian currency. Johnson is expected to be arraigned tomorrow on charges of making a false declaration and failing to declare. Some already have jobs lined up, some are looking forward to retiring and starting a new life. So the number may be a bit more than the 400 people BTC anticipated. But Mr Curry also pointed out it is still at the discretion of the company to decline some employees. He said while the deal is a good one, he thinks they could have got more. Mr Curry said he would like BTC to consider giving increments to the members they turn down for the packages. I think they should at least get an increment and a half or double increment in addition to their salary. We know its a win-win situation for the company and they will make money. As a measure of good faith, I think they should at least give them something, said Mr Curry. BTC is offering five weeks salary per year of service to employees aged 45 and under who accept the package. The maximum payment would be 104 weeks salary. Employees 45 to 50 will be offered five weeks salary for every year of service with a maximum payment of 110 weeks. They will also be offered a minimum incentive payment of 26 weeks pay. Employees who have been with the company seven to 10 years will be offered a minimum incentive payment of 52 weeks pay. All employees will also receive a lump sum payment to cover medical coverage for one year following separation. After the Friday deadline, employees of BTC have to wait four to six weeks to find out if they have been selected to receive the package. FROM page one BTCstaff PUNCH EDITOR SET FOR COURT FROM page one
By LAMECH JOHNSON THERE has been confusion surrounding the cause of death of an elderly man following a traffic accident in southwestern New Providence. Former musician and sloop sailing enthusiast, John Gibson, 78, died in hospital after being rushed from Cowpen Road where the had accident occurred. On the eve of Fathers Day, June 18, Mr Gibson was driving a 1995 silver Dodge Stratus heading north across Cowpen Road when there was a collision with a car driven by Sidney Jones, heading east on the same road. Both drivers were injured and taken to hospital. Gibson died shortly before 5pm the same day. The subsequent confusion started at the hospital. Family claimed a doctor, overseeing Mr Gibson after he was admitted to the Princess Margaret Hospital, failed to give clear information about the patient's condition to family and police. Jane Gibson-Major, daughter of Mr Gibson, says she and her family were upset by the physician announcing that her father died from a heart attack when an autopsy report days later revealed death was caused by injuries from the accident. "The doctor responsible for daddy in the accident and emergency came out and announced to the police that he died of a heart attack. Sixteen of daddy's family members were there in the lobby waiting and he did that to us. That was not professional at all." She also alleges the doctor relayed this information to the police. In the traffic report issued to the family, autopsy results conducted by Dr Leander Farrington of PMH's Rand Laboratory, revealed his death was the result of "multiple blunt force injuries to the head, chest and pelvis" said to be "consistent with the history of a road traffic accident." The Tribune spoke with Sgt 2100 Carlos Mitchell of the Traffic Division, one of those investigating the traffic accident, who confirmed that the doctor at Princess Margaret Hospital had made those claims. Sgt Mitchell said: When he arrived at the hospital, the attending physician would have noted on his hospital form, heart attack or likely to be caused by heart attack. This aroused suspicion among family members and resulted in miscommunication with the police. The officer said that a police report could not be issued without the findings from the pathologist as to the cause of death. So for us to begin a fatality investigation, we must confirm, okay it was not a heart attack. Only a pathologist can do that. Following this and inspecting the damaged car driven by the victim Sgt Mitchell said from my experience I said, hold on, this may not be a heart attack, we might have to jump on this case. The Tribune found the doctor overseeing the victim on June 18 and spoke with him on the matter. He denied telling the family or police that Mr Gibson died from a heart attack. He said: "I don't know how he died and no I never announced that (heart attack that possibly he could have because when he came in clearly, he was sweating, clammy. I told them I don't know if its a heart attack or chest injury, I don't know." He based the possibilities of a heart attack on Gibson's hypertension and diabetic history along with age but said it was impossible to say a heart attack because "in order to have a heart attack (result blood tests, an ECG and he had just come in when I had spoken to them so it's impossible for me to say that he had a heart attack." He also noted that Mr Gibson had arrived during a shift change at the hospital and hadnt been with him for long. Mrs Gibson-Major is sticking with her story. She claims that witnesses present heard the doctor make the statement about the heart attack. "Sixteen of daddy's family was there when he said daddy died of a heart attack. And furthermore daddy was not diabetic, he had high blood pressure, but he was not a diabetic." As this incident had not been mentioned to the press, she and the family had initial concerns about the handling of the case. Mr Gibsons son had arrived on the scene of the accident shortly after hearing the news. He said that the police officer not only arrived more than two hours late, but also dismissed the sons requests to take measurements at the scene from where both drivers were taken by ambulance to the hospital. Supt Caroline Bowe said it is not the traffic divisions policy to report accidents to the press. It is the job of the press liaison officer. Sgt Chrislyn Skippings, press liaison officer, said she did not receive information about the accident. However, she said, such things do happen, but not intentionally. Sometimes these things happen with the number of things going on. Its not intentional, but it happens sometimes. Supt Bowe could not confirm or deny the claim about the time that the traffic officer arrived on the scene. As for drawing tape for measurements or pictures, she said: Now in that case he might not have been equipped. And soi f he was not equipped, then he would not have been in a position t o draw measurements. It (June 18 car accident ed out as an accident with injuries because when he left the scene of the accident he was very much alive. Sgt Mitchell agreed and stated the officer did all that was required of him to do in that situation. He drew a sketch of the position of the vehicles at the accident and jotted down the necessary information. He said the issue was not the officer carrying out his duties, but the problem with that was Mr Gibson did not die on the scene. Nevertheless, he said the case has almost been completed and police are waiting for the family to produce witnesses who were at the scene of the accident before making a final decision on the case. The funeral service for Mr Gibson will be held at the Church of God Hall on Joe Farrington Road at 10am on Saturday. A memorial service will be heldt oday at 7pm in the New Mount Zion South Beach Church on B lue Hill Road. LOCAL NEWS P AGE 16, THURSDAY, JUNE 30, 2011 THE TRIBUNE CONFUSION SURROUNDS DEATH OF MAN AFTER TRAFFIC ACCIDENT ONEOF THE CARS damaged in the collision. n ot aware of any cheques signed by Ms Jackson to Ms Jackson. Mr Chipman, a chartered accountant, said he does not sign ELA cheques. The alternate signatory is executive secretary, Patrice Paul, according to sources. The various forms of compensation paid to Ms Jackson are noted in the ongoing audit beingc onducted by the Auditor Generals Department, covering the period January 2007 to Janu ary 2011. The audit is not complete. Terrance Bastian, auditor general, did not return calls. Roger Forbes, senior deputy auditor general, said: I think you need to speak to the auditor general. He is in charge of the office. Until the findings are published they are just audit notes, said a Tribune source. Questions raised by auditors in the investigation are not suspicions; they are just questions, said the source. Yes there may be things which are not done properly, but come on. There is a process. You cannot base stories on audit notes. When asked to explain claims from Tribune sources alleging that on more than one occasion Ms Jackson was paid a $10,000 per diem, Mr Mortimer refused to comment. However, Mr Bastian said he cannot imagine any job as CAO that would require a $10,000 per diem. Mr Mortimer confirmed Ms Jackson is also paid a $10,000 honorarium for the duties she performs as financial officer. The financial officer is a statutory position established under the Education Loan Authority Act. That position has been vacant at the ELA for over three years. The ELA has made repeated requests to the Ministry of Education for an appointment, according to Tribune sources. Those requests have been denied, said the source. The ELA Act empowers the minister of education to appoint a financial officer. Asked why no appointment has been made, Desmond Bannister, Minister of Education said: Right now I am having an audit of the ELA. When that is finished I will make some decisions about the operation of the ELA. It is not as cut and dry as you think it is. F ROM page one Stipend of admin officer
CAIRO Associated Press TWO DAYS of street battles between security forces and protesters in Cairo show just how volatile Egypt remains nearly five months after the popular uprising that ousted authoritarian leader Hosni Mubarak. More than 1,000 people were hurt in the unrest Tuesday and Wednesday, driven by discontent over the slow pace of justice for old regime figures accused of corruption and killing protesters. The clashes in Tahrir Square the worst since the 18-day uprising add a new layer to an already painful and chaotic transition from Mubarak's regime to democratic rule under the supervision of the military. The violence will likely set back efforts to empower the discredited police to fully take back the city's crime-ridden streets after they melted away during the early daysof the Jan. 25 to Feb. 11 uprising. Additionally, it will almost cert ainly deepen the distrust felt by many Egyptians toward the 500,000-strong security forces blamed for the worst human rights abuses during Mubarak's 29-year rule. Gigi Ibrahim, one of the pro testers, said security forces rainedtear gas on demonstrators this w eek. "It was like January 25 again," she said. "The protesters have enough anger, either because change has not come or because the Supreme Council of the Armed Forces hasn't done enough" to meet their demands. In Washington, U.S. State D epartment spokesman Mark Toner said the latest unrest "underscores the fact that this is a very difficult period for Egypt." "It's a period of transition and we remain committed to assisting the people of Egypt as they make their way through this period of democratic transition," Toner said. "Transparency and rule of law are absolutely crucial and violence by any party will not help achieve the goals of the January 25 revolution." In addition to discontent over serving justice to Mubarak and stalwarts of his regime, the country is plagued by a dramatic surge in crime and divided by a debate on whether a new constitution should be drafted before or after parliamentary elections due later this year. Many Egyptians also fear that Islamists are poised to dominate the country, taking advantage of the weakness of liberal and leftist groups born out of the uprising. Others are worried that remnants of Mubarak's regime are under mining the nation. The ruling military issued a statement on its Facebook page asserting the clashes were designed to "destabilize the country" and drive a wedge between the opposition and security forces. It called on Egyptians not to join the protests. Security officials said at least 30 protesters were arrested and were being questioned by military interrogators. They spoke on condition of anonymity because they were not authorized to speak to the media. The clashes had an immediate impact on the country's stock mar ket, whose benchmark index tumbled 2 percent Wednesday. Riot police fanned out around the Interior Ministry building in Cairo's downtown area and fired in the air or used tear gas as demonstrators threw rocks and firebombs. The fighting left streets littered with rocks and debris. A heavy, white cloud of tear gas hung over the area. By late afternoon, army troops backed by armored vehicles took over from riot police, closing all roads leading to the Interior Ministry complex, the official Middle East News Agency, MENA, reported. Ihab el-Manharawi, a 27-yearold protester injured in the January protests, said this week's vio lence reminded him of the deadly clashes with security forces earlier this year. "When I saw that, I didn't care. ... I joined the protesters," he said. "The same old tactics ... People have changed, but they haven't. We wanted to believe it for a while, but the mindset (of Egypt's current leaders) is still the same. These people must leave." More than 1,000 people were injured, MENA quoted Assistant Health Minister Abdul-Hameed Abazah as saying. About 900 were treated at the scene and more than 120 went to hospitals. Most of the injured suffered from gas inhalation, cuts, bruises and concussions, he said. At least 18 cars and 11 stores were damaged. Ambulances, cars and motorbikes ferried the wounded to hospitals, while volunteer doctors and nurses treated others on the sidewalks. Some protesters used scarves to shield their faces from tear gas. They pelted police cars with rocks and advanced when the riot police lines retreated. The main chant back in January and February "the people want to oust the regime!" was replaced by screams of "the people want to oust the field-mar shal," a reference to Mohammed Hussein Tantawi, Mubarak's long time defense minister and chair man of the Supreme Council of the Armed Forces that has taken over. INTERNATIONAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 17 Even when its hot, our cars stay cool.Even under the searing sun, expect your TOYOTA to run the way it always doesfrom the way it turns to the way it stops. We have high expectations, and weve built them into our cars. To build cars with a high tolerance to heat... Weve recreated external temperatures of 50C, road surface temperatures of 75C, and internal temperatures of 80C to confirm the effects on the vehicle, its components, and its materials. In these temperatures we assess how the cooling system functions and the engines performance on steep grades, in heavy traffic, at high speeds. Using the latest equipment as well as their eyes, their hands, and their abundant experience, our researchers exhaustively repeat these tests until were confident the car is TOYOTA quality. Rest assured someone at TOYOTA is sweating today.For your car, better is never enough.www.toyota.co.jp*Tests are reproduced severe conditions. Intentionally driving in severe conditions may lead to unexpected breakdowns or accidents. Please always drive safely. *Test conditions may vary depending on model and specifications. I MAGING IS WHAT WE DO FOURTH TERRACE CENTREVILLET 328.8157 SERVING THE BAHAMAS SINCE 1985n o stress no fussX-RAYS CT SCANS BIOPSY SUITE MAMMOGRAMS 3D ULTRASOUNDS COLOUR DOPPPLER VIRTUAL COLONOSCOPY FAMILY ISLAND CLINICS U.S. SPECIALIST REFERRALS BOARD CERTIFIED RADIOLOGISTS AND TECHNICIANS ANDCAPABLE A PROTESTER wears a mask as he gestures during clashes with security forces in Cairo, Egypt, Wednesday. (AP T WODAYSOFSTREETBATTLESINCAIRO CLASHES REVEAL EGYPT'S VOLATILITY FIVE MONTHS LATER
INTERNATIONAL NEWS PAGE 18, THURSDAY, JUNE 30, 2011 THE TRIBUNE LONDON Associated Press IRANhas conducted covert tests of ballistic missiles in addition to a 10-day programme of public military m aneuvers, Britain alleged on W ednesday. F oreign Secretary William Hague told the House of Commons that there had been secret experiments with missiles that would be able to deliver a nuclear weapon, but d id not specify precisely when the tests had taken place. Iran has "been carrying out covert ballistic missiles tests and rocket launches, including testing missiles capable ofd elivering a nuclear payload," Hague said. Britain believes Tehran has conducted at least three secret t ests of medium-range ballistic missiles since October, amid an apparent escalation o f its nuclear program and s crutiny from the Internat ional Atomic Energy Agency. I ran is currently displaying i ts military hardware in a series of war games in an a pparent show of openness, and on Tuesday fired 14 missiles in public tests. However, the U.K. believes that the covert missile tests s how Iran's leaders are seeki ng to avoid scrutiny over the real extent of their weapons p rogrammes. On the back of the recent I AEA report and the unanswered questions about its nuclear programme, they only serve to undermine further Iran's claims that its nuclear program is entirely for civilian use," said a Foreign Office s pokesman, on customary condition of anonymity in line with policy. A n IAEA report last m onth listed "high-voltage fir ing and instrumentation for explosives testing over long distances and possibly under g round" as one of seven "areas of concern" that Iran may be conducting clandest ine nuclear weapons work. H ague also said Britain was c oncerned over Tehran's decision to increase its capacity to enrich uranium to a higher level at the Fordo site near the holy city of Qom in central Iran. "It has announced that it i ntends to triple its capacity to produce 20 percent enriched uranium. These are enrichment levels far greater that is needed for peaceful nuclear energy," Hague said. Uranium L ow-enriched uranium a t around 3.5 percent can b e used to fuel a reactor to generate electricity, while uranium enriched to around 90p ercent purity can be used to develop a nuclear warhead. Enriching to 90 percent can be done much more easily f rom material enriched to 20 percent purity than from lowenriched material. S ome Western officials claim Iran is accelerating its a ttempts to produce a nuclear weapon, partly because leaders have been shaken by p rotests against authoritarian regimes across the Middle E ast. Iran and the West remain in dispute over its nuclear p rogram. The U.S. and its allies insist it is aimed at d eveloping atomic weapons a charge Iran rejects. "We will maintain and cont inue to increase pressure on Iran to negotiate an agreem ent on their nuclear program," Hague said. H ague also condemned Tehran over its support of thev iolent crackdown on antiregime demonstrations in Syr ia. Iran continues to connive i n the suppression of legiti mate protest in Syria and to suppress protests at home," he said. UK CLAIMS IRAN CONDUCTING SECRET BALLISTIC MISSILE TESTS
WASHINGTON Associated Press THEUnited States will push ahead with more targeted drone strikes and special operations raids and fewer costly land battles like Iraq and Afghanistan in the continuing war against alQaida, according to a new national counterterrorism strategy unveiled Wednesday. The doctrine, two years in the making, comes in the wake of the successful special operations raid that killed al-Qaida chief Osama bin Laden in May, and a week after President Barack Obama's announcement that U.S. troops will begin leaving Afghanistan this summer. The document is a purposeful departure from the Bush administration's global war on terror. The worldwide hunt for terrorists that began after the Sept. 11, 2001, attacks focused first on Afghanistan, and small numbers of al-Qaida are still active there. White House counterterrorism chief John Brennan said the reworked doctrine acknowl edges the growing threat of terrorism at home, including alQaida attempts to recruit and attack inside the United States. Brennan told a Washington audience Wednesday that more resources would be spent on the fight at home to spot would-be militants and their recruiters. "Our best offence won't always be deploying large armies abroad, but delivering targeted, surgical pressure to the groups that threaten us," Brennan said at the Johns Hopkins School of Advanced International Studies. The operations Brennan describes are almost solely the province of the intelligence and military special operations agen cies, especially the CIA and elite forces of the Joint Special Oper ations Command that worked together to carry out the bin Laden raid, but also including the special operations trainers that work with host nation's militaries. As for threats from abroad, Brennan said the strategy relies on "surgical" action against specific groups to decapitate their leadership and deny them safe havens, and rejects costly wars like Iraq and Afghanistan that bleed the U.S. economically and feed al-Qaida's narrative that America is out to occupy the Muslim world. He said the U.S. would work whenever possible to help host countries fight alQaida so the U.S. didn't have to, just as it was currently trying to hand over responsibility to the Afghans. Brennan, who is a former CIA officer, did not make specific mention of the covert armed drone program that targets militants in Pakistan and, on rare occasions, in countries like Yemen. But he referred to the administration's work to rush what he called "unique capabilities" to the field, an oblique reference to classified programs like the stepped-up construction of a CIA dronelaunching base in the Persian Gulf region to use the unmanned aircraft to hunt militants in Yemen. Bush White House veteran Juan Zarate questioned the wisdom of singling out al-Qaida as the main American enemy, "inadvertently aggrandizing them when they are in decline, by making them the focus of the strategy." INTERNATIONAL NEWS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 19 APPLY NOW!5000 Bonus RBC Rewards PointsVisityour RBC Royal Bank branch or callyour Account Manager today! For more information visit www.rbcroyalbank.com/caribbean/platinum Trademarks of Royal Bank of Canada. Used under licence.All other trademarks are the property of their respective owner(s Introducing the RBC RewardsVisaPlatinum credit cards! Enjoy the prestige of Platinum! Roll Out the Rewards! Distributed byLIGHTBOURNT RADING COMPANY APREDATORDRONE is pictured in the US. The new strategy will push ahead with more targeted drone strikes and special operations raids and fewer costly land battles. (AP WHITE HOUSE UNVEILS NEW PLAN TO HUNT AL-QAIDA M OREDRONESTRIKES, SPECIALOPERATIONSRAIDS
I NTERNATIONAL NEWS P AGE 20, THURSDAY, JUNE 30, 2011 THE TRIBUNE S ubject to credit approval. *Trademark of The Bank of Nova Scotia, used under licence. R ates As Low As 7.25%*Ready to buy your rst home or pay off your current one faster? Weve got the expertise, exible options, and interactive tools to tailor a plan just for you. Find out how you can: Lets figure it out. Talk to us today.Whats the best home ownership plan? One built just for you.Check out our online mortgage calculators. bahamas.scotiabank.com/gogure LOS ALAMOS, New Mexico Associated Press THEgovernment sent a plane e quipped with radiation monitors over the Los Alamos n uclear laboratory Wednesday as a 110-square-mile (285-sq. kilometer) wildfire burned at its doorstep, putting thousands of scientific experiments on hold for days. Lab authorities described the monitoring as a precaution, and they, along with outside experts o n nuclear engineering, expressed confidence that the blaze would not scatter radioactive material, as some residents feared. "Our facilities, our nuclear materials are all safe, they're accounted for and they're protected," said lab director Charles M cMillan. The twin-engine plane, which can take digital photographs and video as well as thermal and night images, was sent to New York City to take air samples after the Sept. 11 terrorist attacks. It has flown over wild fires and areas damaged by Hur-r icane Katrina. It monitored the 2002 Winter Olympics in Salt Lake City. It also helped locate debris from the disintegrated space shuttle Columbia shuttle. "It can look for a wide variety of chemical constituents in a plume and the plumes can originate from fires, from explosions, from a wide variety of sources," said lab spokesman Kevin Roark. And in a testament to the s ophisticated research done at Los Alamos, the plane was developed with technology from the lab, the desert installation that built the atomic bomb during World War II. The pillars of smoke that can be seen as far as Albuquerque, 60 miles (96 kilometers h ave people on edge. The fire has also cast a haze as far away as Kansas. But officials said they analyzed samples taken Tuesday night from some of the lab's monitors and the results showed nothing abnormal in the smoke. Anti-nuclear groups have sounded the alarm about thou-s ands of 55-gallon (45-imperial gallon) drums containing lowgrade nuclear waste gloves, tools and other contaminated items about two miles (three kilometers) from the fire. Lab officials said it was highly unlikely the blaze would reach the drums, and that the steel containers can in any case withstand flames and will be sprayed with fire-resistant foam if necessary. Kevin Smith, site manager for the National Nuclear Security Administration, said the lab's precautions have been scrutinized by dozens of experts. The lab has been shut down s ince Monday, when all of the city of Los Alamos and some of its surrounding areas 12,000 people in all was evacuated. The fire has held up research on such topics as renewable energy, AIDS and particle physics. "We have 10,000 experiments running at the same time," said T erry Wallace, science chief at the lab. "We'll have to do an analysis to see what's been affected and how it's been affected." The plane is just one part of an elaborate air monitoring network surrounding the lab. The lab and the New Mexico Envi-r onment Department have dozens of monitors on the ground throughout the region. McMillan said four high-volume air samplers were deployed Tuesday and more were on their way Wednesday. A FIRE TRUCK leaves the Los Alamos Laboratory as smoke rises from the Las Conchas fire in Los Alamos, N.M., Wednesday, June 29, 2011. As crews fight to keep the wildfire from reaching the country's pre-m ier nuclear-weapons laboratory and the surrounding community, scientists are busy sampling the air for c hemicals and radiological materials. (AP AIRPLANE DEPLOYED TO MONITOR AIR OVER US FIRE
$4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $5.35 $5.29 $5.27 T HETRIBUNE SECTIONB email@example.comTHURSDAY, JUNE 30, 2011 By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas Internationals managing director yesterday warned the recent interest rate cut would have a significant impact on top-line revenues in the first half of its 2012 financial year, although net profits for the fiscal 2011 third quarter and first nine months would have been through the roof if not for extensive loan loss provi sioning. Speaking to Tribune Business in the wake of the BISX-listed bank generat ing a 19 per cent net income rise to $1.441 million for the three months to end-March, compared to $1.21 million the year before, Paul McWeeney said that notwithstanding its contin ued growth he was focusing on further balance sheet strengthening given continued Bahamian credit market weakness. Warning that the bank was making tough deci sions right now, with its 2011 financial year-end coming today, Mr McWeeney said both shareholders and the general public had to take heed of the Bank for International Settlements (BIS profits in the Bahamas and the wider world would gen erally be lower than in previous years. There are significant issues we still have to deal with, Mr McWeeney told Tribune Business. My strat PAUL MCWEENEY THROUGH THE ROOF BUT F OR LOAN PROVISIONING Bank of the Bahamas chief warns of significant, noticeable impact from rate cut* Says it will take first half of 2012 financial year to work through Despite 19% Q3 net profit rise, warns: Making tough decisions right now SEE page 9B By NEIL HARTNELL Tribune Business Editor B ahamas Waste yesterday said its net income was p er cent better than anticipated for the 2011 first quarter, w ith the BISX-listed waste collection services provider hopi ng it will enjoy a better second-half if Baha Mars $2.6 bill ion Cable Beach project and other major investments kick i nto full swing. Despite a 34.6 per year-over-year net profit decline, from $192,517 to $125,986, Disa Harper, Bahamas Wastes chief financial officer, told Tribune Business that the company beat internal first quarter projections, aided by strongerthan-expected business levels from projects such as the Lynden Pindling International Airport (LPIA BAHAMAS WASTE PROFIT % OVER INTERNAL FORECAST Despite 34.6% year-over-year net income fall, BISX-listed firm says net revenues 5% above projections* Hit by 34% increase in fuel costs Hoping Baha Mar and other projects will result in lot better second half SEE page 11B B y NEIL HARTNELL Tribune Business Editor T he Bahamas Insurance Brokers Associations (BIBA for the revocation of a gency/brokerage licences held by commercial banks, telling Tribune Business the s ituation creates a really u nfair playing field that p revents smaller firms from competing and squeezest hem out of the market. V aughn Culmer, of Vaughn Culmer & Associates, told this newspaper that while some Bahamian commercial banks were able to compete in the insurance m arket through their agency and brokerage licences, insurance firms were unablet o get the relevant permits and do the reverse. And he pointed out that small, independent Bahamia n insurance brokers often lost clients when they took out mortgages, as the banks d irected them to insure t hrough carriers they had a relationship with. Tribune Business unders tands that only two B ahamian commercial banks/mortgage lenders, FINCO and CIBC FirstCaribbean International Bank (Bahamas insurance agent/broker l icences. Mr Culmer said FINCO largely directed its clients to RoyalStar Assur-a nce for their insurance needs, while FirstCaribbean did similar with Insurance Management, in both cases g iving independent, smaller brokers little opportunity to compete. W hile the Insurance Comm ission of the Bahamas ( ICB) has rejected applications by other commercialb anks, in particular Scotiab ank, to obtain agent/broker licences, Mr Culmer told Tribune Business: Were Revoke insurance licences of banks Brokers chief says situation creates a really unfair playing field that is anti-competitive Says small Bahamian players have born the brunt of strongarm approach by Scotiabank SEE page 9B By ALISON LOWE B usiness Reporter firstname.lastname@example.org An ultra-high end Andros property considered one of t he Bahamas few eco-resorts has been placed on the market for $4.5 million just two years after it was re-opened under new ownership. T he Tiamo Resort lies in the southern cove of South A ndros island, and includes just 10 beach front cottages on 900 feet of beachfront. The resort was re-opened by its current owners just under two years ago, according to the director-general oft ourism, David Johnson, who said they made a huge invest ment to significantly upgrade it from a nice, eco-sensitive resort to something that moves into the realm of great lux-u ry. This investment is understood to have been in the region TIAMO UP FOR SALE AT $4.5M SEE page 7B By NEIL HARTNELL T ribune Business Editor C LICO (Bahamas u idator is investigating w ith the insolvent insurers f unds were used to acquire another US real estate investment, which is facinga foreclosure action from a bank over an alleged $17.894 million outstanding loan. C raig A. Tony Gomez, the Baker Tilly Gomez accountant and partner, in his fifth report to theB ahamian Supreme Court o n CLICO Enterprises, the Bahamian affiliate that was used to invest CLICO( Bahamas) assets in noninsurance projects, especially US real estate, said the insurer and others hadb een told they could acquire the loan for $12.6 million. Updating the courts on t he Coral Gables-based DYL Merrick Park Devel opment, Mr Gomez said t he property had been purchased, in part, with funding that may have passed through CLICO Enterprises, which fundsw ere received by CLICO Enterprises from CLICO Bahamas. C LICO Merrick Park, he added, owned a 49 per cent equity stake in the project, and also held a chunk of its Series A preference shares. I was also advised that US Century Bank has fileda foreclosure action against Mr J Yanopoulos and Mr [Lawrence] Duprey (CLI COs owner), guarantors on the property, for a loan amount outstanding in the amount of $17.894 million plus offer costs, Mr Gomez said. CLICO and the other owners of the property were given an offer by US Century Bank to purchase the loan for $12.6 million. The liquidation team is currently reviewing sub poenaed documents received from United States counsel to determine the origin of funds used to purchase this POSSIBLE CLICO ASSET IN $17.9M FORECLOSURE SEE page 10B CRAIG GOMEZ
By DEIDRE M. BASTIAN D reamweaver. I s it juist a catch line? Or is it that new brand, highquality hair weave everyone i s talking about that just r ecently hit the market? Sorry, wrong answer. Well, can it be the modulet hat unscrambles complex d reams to make them seem true? Wrong again. Principally, Dreamweaver is a Web design software used to create pages for display on the World Wide Web via technologies such as HTTML, CSS and J avaScript. It is the program t hat constructs websites for b usiness and personal needs. D reamweaver has b ecome the industrys stan d ard web development software, seeing off its rival Microsoft FrontPage and deserving its position. It is a great software package with powerful features and an approachable interface, w hich lets anybody who can use a computer use it with a bit of patience and knowle dge of a few fundamentals. I n the early days of web d evelopment there were two types of tools: Those usedb y coders (the specialists w ho understood the technologies underlying web pages) and the visual software tools, which functionedi n a manner similar to word processing and page layout programs used by non-spe cialists and inexperienced w eb developers. Nevertheless, during the 1990s, when Macromedial ooked for ways to expand its software offerings, it r ecognised the need to sati sfy both types of user. As a result, in 1996 Macromedia ventured into the emerging wysiwyg (what you see is what you get) web publishing market, and introduced Dreamweaver, which is a vailable to both the Mac a nd Windows operating syst em. T hereafter, Macromedia b egan making efforts to a ttract serious web developers to Dreamweaver, e xceeding their expectations with 60,000 downloads in the first few weeks of release It currently reigns as the most effective Web design p rogram among professional designers. W hy use Dreamweaver? Designing a good website e nables business people to establish an Internet presence to make money and e ducate potential customers. Dreamweaver being a powerful application facilitates some of the following andm ore: The import of pict ures into web pages; view ing pages as code and design only; previewing pages in BUSINESS PAGE 2B, THURSDAY, JUNE 30, 2011 THE TRIBUNE 0$5.(7,1* ZZZ JUHHQW XUW OHPDUNHWLQJ FRP %5$1' *5((17/( 60 :HUHEUDQG PDUN HWLQJDQGJUDSKL F G H VLJQFRPSDQ\ DQG ZH KHOS Weaving business website dreams THE ART OF GRAPHIX DEIDRE M.BASTIAN SEE page 16B
By ALISON LOWE Business Reporter email@example.com Baha Mar has now selected the person who will head its construction and hotel employ-ee training initiative, while Stephen Wrinkle, president of the Bahamian Contractors Association (BCA firmed he will be stepping down at the end of this month. Mr Wrinkle had previously indicated to this newspaper in April he had been asked to stayon for another two-year term as president, on top of the four he has served, so he could con tinue working on initiatives being pursued by the BCA. These include the joint construction training program with Baha Mar and the 18 month IDB-funded project to strengthen the BCA. Since then, the 59 year-old BCA president has been charged with dishonestly consuming energy supplied by BEC in a magistrates court.He pleaded not guilty to the charge on June 23, 2011. It is not clear if this factored into the decision. According to Mr Wrinkle, voting for the new slate of executive members at the BCA took place in midJune. Yesterday, he said he would remain a council member with the BCA, and will have the IDB-funded project in his portfolio of responsibilities. The program, aimed at enhancing the ability of the BCA to serve its constituents, will involve designing of education and training programs for contrac tors, construction workers and consumers; the preparation of a national library of contract documents; expanding the BCAs capabilities by seeking to automate its administrative functions, with particular focus on its website; promoting knowledge-sharing between regional and international contractors associations; and expanding the BCA chapters to include all major Family Islands. In relation to the IDB project, Mr Wrinkle said the BCA has just finished interviewing consultants to run it, and expects it will be another cou ple of months before it starts. This is a separate initiative to the Baha Mar-funded training for construction workers. In relation to the Baha Mar training, which is intended to ensure a maximum number of Bahamian construction work ers can participate in the pro jects that will arise from the $2.6 billion development, Mr Wrinkle said he is satisfied things are progressing in this regard. W aiting Having been waiting for Baha Mar to select an individ ual to head the training and workforce development pro gram before it could move ahead, this has now happened, with Ann Williams being cho sen to fill the post. Baha Mar is expected to announce the new hire shortly, and Mr Wrinkle said he understands some of the training in construction trades that will be required as part of the development should begin at BTVI next month. The BCA is also shortly to submit a proposal to Baha Mar that it be responsible for admin istering a training program aimed at contractors specifically, which will provide them with the managerial and adminis trative tools to manage the demands of contracts that will arise through Baha Mar. Its an extremely comprehensive schedule that they have [at Baha Mar], with a lot of demands on conractors for construction and performance. The big thrust is for us to make sure contractors have those man agerial skills to do that, said Mr Wrinkle. He added that the BCA would ideally like this component of the training drive to begin within the next to 60 days. BUSINESS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 3B ,I\RXORYHWRFRRNWKLVLVWKHFDPSIRU\RX RU IRUPRUHLQIRUPDWLRQVWUGODFHUL]HV /LPLWHGSDFH$YDLODEOH By NEIL HARTNELL Tribune Business Editor FamGuard Corporation, the BISX-listed holding company for life and health insurer Family Guardian, yesterday unveiled a 172 per cent yearover-year net income increase for the 2011 first quarter to $825,215, driven largely by top-line premium and annuity growth. In his message to shareholders on the first three months of 2011, Norbert Boissiere, FamGuards chairman, said: The increase in net income was driven by a 14 per cent growth in total income over the first quarter prior year,and by improving results generated from our group health product line. Gross premium income increased by $1.3 million or 5.8 per cent, and our annuity deposits grew by $3.7 million or 88 per cent over prior year-to-date. Family Guardians total 2011 first quarter income rose from $24.196 million the year beforeto $27.577 million this time around, a rise of more than $3.3 million. Gross premium revenue jumped from $22.506 million to $23.814 million, while annuity deposits jumped from $1.954 million to $3.679 million. Net premium income increased by 7 per cent to $20.944 million, compared to $19.569 million in the 2010 first quarter. However, while the top line grew, so did ben efits paid out. Total policyholder benefits increased at an even faster rate than premium income and total income, jumping 28.2 per cent to $19.057 million from $14.868 million. N et policyholder benefits rose 48.4 per cent to $17.135 million, compared to $11.543 million the year before, as Family Guardian generated less from reinsurance recoveries, possibly indicating it is taking more risks on to its books. But total benefits for the 2011 first quarter increased by only just over $2 million, from $16.004 million to $18.628 million, due to the fact that Family Guardian increased reserves for future policyholder benefits by just $1.492 million this time around, compared to $16.003 million.s Total expenses were held relatively flat at $8.124 million, compared to $7.888 million the year before. Total benefits and expenses increased by 12 per cent to $26.752 million, compared to $23.892 million in 2010. Mr Boissiere said Family Guardians mortgage delinquency ratio stood at 6.63 per cent at end-March, compared to the banking industry average of 10.8 per cent. In our group health business we have recorded improving trends in medical loss ratios, as premium ratios continue to be adjusted to more adequately reflect actual claims experience. Efforts to improve our group life and health operations are continuing with the implementation of software to enhance our client services delivery, he added. FamGuard unveils 172% profits jump Driven by 14% total income and 86% per cent annuity growth But policyholder benefits paid out rise at faster rate Baha Mar selects training leader Wrinkle to step down as BCA head at months end
Sandals Royal Bahamian last week welcomed the first tourists from the newly-established Copa Airlines direct airlift to Nassau from Panama City, and believes the favourable impression made will enable this nation to make further inroads into the Latin America travel market. Robson and Michelle Lima, a newly-married couple from the Brazilian city of So Paulo, choseto spend a week in New Providence for their honeymoon. Through Sandals Royal Bahamians resident Portuguese speaker, food and beverage manager Manuel Santos, Mr Lima explained that the decision was made after a random search on the Internet. For our honeymoon we wanted to spend time at a beautiful beach, so we Googled the words paradise and beach. The first pictures to come up were ones from the Bahamas. So then it was just a matter of what resort to go to, and we chose Sandals, Mr Lima said. The availability of a direct flight from a South American country assisted in making the decision an easy one. Mr Lima praised the warm Bahamian weather, saying they stepped off their Copa Airlines flight dressed in winter coats and boots. Because it is below the equator, winters in So Paulo run from 22 June-21 September. The Limas also made a day trip to the Exumas on the Power Boat Adventures. The weather is beautiful, the country is beautiful, the people are beautiful; we would recommend it to anyone back home, Mr Lima said. Word-of-mouth recommendations could easily play to both Sandals and the Bahamas advantage, given that Sao Paulo is the largest city in both Brazil and the southern hemisphere, and the worlds seventh largest. South America is relatively untapped by the Bahamian tourism industry to date, and home to several of the worlds fastest growing economies. Sandals Royal Bahamians general manager, Patrick Drake, said: While continuing to provide excellent service to our North American guests, we must not forget the special needs of visitors to the Bahamas from South America and Europe, who are travelling great distances to be here. In the past five years, South America has experienced great economic development, with Venezuela, Colombia, Argentina, Uruguay and Peru growing their economies by over 8 per cent per annum. Brazil is the seventh largest economy in the world, and the second largest in the Americas. It leads South America in total exports at $137.8 billion dollars. BUSINESS PAGE 4B, THURSDAY, JUNE 30, 2011 THE TRIBUNE RBC Royal Bank (Bahamas is presently considering applications for: www.rbcroyalbank.com/caribbean Registered trademarks of Royal Bank of Canada. Used under licence. Financial Planner Bahamas Regional Office The successful candidate should possess the following qualifications: Must hold a Financial Planning designation, Personal Financial Planner (PFPalent A post-secondary diploma/degree, ideally in Commerce, Business Administration or related experience is required Expertise in financial advice & planning an asset Previous successful sales experience in the financial industry Experience in an advice giving capacity Proven skills in business acquisition, establishing community and client relationships, with success in business growth Experience in creating a referral network or p ossesses a current extensive network of centres of influence K ey Skills Required: Strong sales orientation Demonstrated passion for financial advice & putting clients first Strong relationship builder Excellent communication, time management and organizational skills Strong implementation skills and business o rientation to drive revenue Good presentation skills Strong strategic thinker Ability to multi-task Responsibilities include: Delivering a top quality client experience using a defined process that has proven to be successful Developing strategies considering eight (8e financial planning disciplines including cash flow management, debt management, tax planning, investment planning, retirement planning, risk management, transitioning into retirement and estate planning Collaborating with clients to determine appropriate service standards Building client management strategies, including proactive contact & follow-up strategies, for all clients Building both internal & external networks to capitalize on business opportunities and referrals Maximizing the use of technology and maintain data integrity, documenting all relevant client sales, service contacts, activities and results Ensuring skills, knowledge and accreditations are up-to-date and demonstrate personal accountability to meet position requirements Effectively leveraging RBC resources & partners to deliver Financial Advice & Planning Ensuring due diligence in recommending/ preparing product fulfillment applications, including integrity data Taking appropriate action to correct lending excesses and/or remedy out-of-order situations Following procedures relative to portfolio quality, anti money laundering, fraud prevention, account opening process, cash and custody Taking appropriate action in response to opportunities or concerns identified through credit feedback A competitive compensation package (base salary & bonus) will be commensurate with relevant experience and qualifications. Please apply by July 1, 2011 to: Assistant Manager, Recruitment & Employee Development Human Resources Bahamas Regional Office RBC Royal Bank (Bahamas) Limited P.O. Box N-7549 Nassau, N.P., Bahamas Via fax: (242 Via email: firstname.lastname@example.org Sandals makes Latin American inroads HONEYMOONERS: Robson and Michelle Lima, a newly-married couple from the Brazilian city of So Paulo, chose to spend a week i n New Providence for their honeymoon.
The Bahamas Culinary Team has returned from the Taste of the Caribbean com-p etition in Miami with numerous awards, having fielded itsy oungest professional level team ever in the contest. The team received a silver medal for their overall performance, with the judgesc ommending them on their high level of achievement as first-time competitors. Were extremely proud of the performance of our young chefs and bartenders. They exhibited great team work,p rofessionalism and high standards in representing our n ation and the quality of our culinary offering. The future i s bright for these young s tars! said Bahamas Hotel A ssociation president, Stuart Bowe. Led by team manager, e xecutive sous chef Jason McBride from the Wyndham Cable Beach Resort, andt eam coach, executive chef, D evin Johnson, from the S heraton Nassau Beach Resort, the team had been training weekly since early April. T he Bahamas received the a ward for the Caribbeans Most Innovative Dish, with junior chef Kevyn Pratt, from Kerzner International, receiv-i ng this honour traditionally awarded to senior level chefs.H is plate included Abacospiced rub beef and panseared Exuma scallops, served with Nassau sweet potato and plantain cheesy croquettes,a nd coconut-infused warm vegetable slaw, accompanied with Eleuthera pineapple chutney and finished with Andros mango reduction. Individual I ndividual honours went to chef Mychal Harris, from K erzner International, who received a silver medal in the Chef of the Year competition. Chef Shanique Bodie, from Old Fort Bay Club, also cap-t ured a silver medal in the Best Seafood Dish category. Junior chef Kevyn Pratt, a C ollege of the Bahamas Culi nary and Hospitality Management Institute intern withK erzner International, also r eceived a silver medal in the J unior Chefs category. A bronze medal was awarded to Hugh Jones from Kerzner International in the Bartender of the Year category. Team captain chefJ amal Small, from Albany, received a bronze medal int he pastry category. Chef Charon McKenzie, from the Lyford Cay Club, was also awarded a bronze medal in the beef category. J oining the other team members in receiving a silver medal for their overall team performance, and rounding out the team, was chef Charon McKenzie from the Lyford Cay Club, and chefC harlicia Greene, from Sandals Royal Bahamian. T he Taste of the Caribbean is an annual event organised b y the Caribbean Hotel and T ourism Association (CHTA t o showcase the regions unique and diverse cuisine. Attending chefs also partici-p ate in a series of profession al development workshops put on by master chefs,c elebrity chefs and leading i ndustry professionals. T his year, event organizers added a new public element called Taste of The Islands. Several hundred people were g iven the opportunity to samp le dozens of road foods and national dishes prepared by the teams. The Bahamas booth, dec orated in an appealing backyard style, and with menu o fferings featuring crab, c onch, guava duff and other d elicacies was a crowd favourite. CHTA was so i mpressed with the event, they plan to create a new award category from it next year,a nd to build it into a festivaltype public celebration of Caribbean food, saidD eAnne Gibson from the Ministry of Tourism and Aviation. Mr Bowe thanked the team m embers hotels and clubs for supporting the professional development of their chefs. H e also expressed appreciation to the teams sponsors, the Bahamas Hotel Associa-t ion, the Ministry of Tourism a nd Aviation, the Bahamas Culinary Association, the College of the Bahamas Culinarya nd Hospitality Management Institute, Bahamas Food Ser vices and Bristol Wines and S pirits. Without their sup port, the teams success would not have been possible, he added. BUSINESS PAGE 6B, THURSDAY, JUNE 30, 2011 THE TRIBUNE ESCAPE TO ELEUTHERA TODAY!PER NIGHT FOR A 2 BEDROOM LUXURY MILLIONDOLLAR WATERFRONT VILLA UP TO 4 PERSONS$199The Amazing Cape Escape!242-470-8242www.CapeEleuthera.comStay for 2 Nights getFREE AIRFARE*for 1 Person Stay for 4 Nights getFREE AIRFARE*for 2 Persons ORnntThere has never been a better time to escape to Eleuthera to see family, relax, and enjoy all of the adventure of Cape Eleuthera Resort & Yacht Club. Nestled on a private 4300-acre beach preserve, it features the Bahamas largest watersports program. Call today to nd out more about this amazing summer offer 242-470-8242.Pristine Beaches Luxury Oceanview Townhouse Free Internet Access Dive Center Car, Golf Cart Blast, ATV, Bike Rental on Site H ONOURED: M embers of the Bahamas 2011 Culinary Team proudly display their awards from the Taste o f the Caribbean Culinary Competition. CULINARY TEAM GAINS NUMEROUS HONOURS
o f $2 million. It became a different r esort with different price points, he added. Room r ates per night at the alli nclusive property have been advertised as starting at upwards of $800 a night. I t is not clear what has driven the decision by owners, Brits Bill Warburg and Ellie Boddington, to sell the resort. M r Johnson said that while he was not aware of t he resorts internal numbers related to arrivals and revenue, he does know that its small size means Tiamo requires very high occup ancy and very high room r ates to drive profitability. T he Director-General said the resort has found in the past that it has benefited significantly from the Ministry of Tourisms visiting journalist program, which sees foreign travel writers sent to r esorts throughout the Bahamas at the Ministry of Tourisms expense to exper ience the properties and w rite articles about them. Thats support we give particularly to the Family Island properties becausem any of them are small and not well known. [The owner of Tiamo] found that when these journalists visited, he often found his numbers benefited significantly as ar esult, and we will be stepping that up a bit in the near future, said Mr Johnson of t he journalists program. A side from the beach and c ottages, Tiamos 12 acres of freehold land also include a full kitchen and restaurant, infinity pool, library, great room, fitness centre and spa, r etail shop, staff housing, other utility-related assets and numerous boats toe ntertain guests. There is also a separate t hree-bedroom, threee nsuite bathroom home on the property. Its location allows visitors the chance to accesss norkelling at the Andros Barrier Reef, the worlds third largest barrier reef and much-sought-after bone fishing opportunities. T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 7B B USINESS Lower premiums,low deductibles,generous benefits and a fast claims service for home and motor cover.Pick up the phone and ask NIBA for a great insurance deal.T el.Nassau 677-6422/Freeport 352-6422 or visit www.nibaquote.com O pen S aturdays10.00am2 .00pm NASSAU INSURANCE BROKERS AND AGENTS LIMITED Atlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Suite 6,Jasmine Corporate Center,East Sunrise Highway P.O.Box F-42655,Freeport Tel.Nassau 677-6422 Freeport 352-6422 www.nibaquote.com GN-1247 Ministry of Public Works & Transport GOVERNMENT NOTICEG N-1248 Tiamo up for sale at $4.5m F ROM page 1B Share your news The T ribune wants to hear from people who are making news in their n eighbour hoods. Per haps you are raising funds for a good cause, campaigning for impr ovements in the ar ea or have won an awar d. If so, call us on 322-1986 and share your story.
BUSINESS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 9B egy at this point in time is to ensure the balance sheet remains strong, even though the bank continues to grow and was able to contain expenses. Year-over-year, [the r esults] would have been much higher without provisioning. They would have been through the roof right now. Bank of the Bahamas International increased its net loan loss provisions to $2.488 million during the 2011 third quarter, a 33.3 per cent increase over the $1.866 million taken the year before. For the first nine months of its current financial year, the BISX-listed financial institution raised loan loss provisions some 505 per cent, more than five times the previous years amount, to $5.658 million compared to $1.12 million in fiscal 2010. Without that more than $4.5 million increase, Bank of the Bahamas Internationals net income for the nine months to end-March 2011 could have breached the $9 million mark to stand at $9.2 million. New business was largely responsible for the 19 per cent net income rise during the 2011 third quarter, and Bank of the Bahamas International continues to find lending opportunities despite the difficult credit market. This is shown by the more than $38 million growth in its loan book in the past nine months to $667.525 million, compared to $629.212 million at the years start, a 6 per cent increase. Still, erring on the cau tious side, Mr McWeeney reiterated: My focus is really on balance sheet strength, making sure those fundamentals remain strong as we weather this storm. There continues to be weakness in the credit market. Theres hope on the horizon, but until we see a broad-based recovery and broad-based unemployment decline, we will continue to have to deal with this in the future. We have to accept the weakness, and do what is necessary to insure the bank a gainst future shocks, and take provisions where necessary. Were making tough decisions right now. We h ave to stick to our funda mentals. With the increased capi tal requirements of the new Basle accords on the hori zon, plus the Central Bank o f the Bahamas stress test i ng, supervision and enhanced requirements, Mr M cWeeney said these developments combined with the general economic envi r onment would require a djustments to bank profit expectations. The increase in capital requirements, the need to continue to make provisions to counter weakness in the credit markets, they will continue to dampen profits, the Bank of the Bahamas International managing director. Impact As for the impact of the 75 basis point reduction in the Bahamian Prime interest rate to 4.75 per cent, which will reduce commercial bank interest income on all loans whose pricing is tied to this, Mr McWeeney said it would be significant until all fixed deposit rates can be adjusted accordingly. Until that happens, Bank of the Bahamas Interna tional and all commercial banks will be faced with reduced interest income and interest margins, which is likely to impact the bottom line. Fortunately, most of our deposits are short-term and mature in 12 months. We do have longer-term investments, but they support oth er initiatives, Mr McWeeney said. I would imagine that for up to six months we will see a significant impact on revenue. It will be notice able....... The impact will be noticeable, but the correc tion should be made by the second half of the  fis cal period. Between the interest rate cut and loan loss provision ing, everything is being squeezed, but Mr McWeeney said Bank of the Bahamas International had done an excellent job in c ontaining operating expenses through new init iatives to streamline costs. Operating expenses for thet hree months to end-March dropped slightly, falling f rom $6.466 million the year before to $6.307 million. M r McWeeney acknowledged that the Prime ratec ut would be partly com pensated for by the reduced i nterest payments on its $37 million worth of bonds and$ 15 million preference shares, but its main funding is some $649.263 million in deposits. We still are expanding our electronic banking platform, and think it will be a key driver of new business opportunities in the future, the Bank of the Bahamas International chief said. What weve done, weve entered into a new partner ship which were working to finalise now with a few international players fairly soon. It will enable us to offer these services to the market at low cost. We are making progress on that, and work ing with one institution in respect of providing service to them. Bank of the Bahamas Internationals ordinary shareholders, though, will enjoy little of the $1.441 million in third quarter net income, as some $1.362 million was paid out in interest to the banks preference shareholders. This left $78,682, or $0.01 per share, available to common shareholders, com pared to $0.08 per share the year before. Mr McWeeney explained there was a timing issue, as the preference share dividend was not paid during the same period in the 2010 financial year. That same dividend had been paid in the second quarter the year before, but this years payment was delayed until early January 2011 because, under the Central Banks new policy, it is now required to approve such dividends. THR OUGH THE ROOF BUT F OR LOAN PROVISIONING FROM page 1B hoping they can revoke those [existing] l icences. Quite frankly, they shouldnt have them. Theres a moratorium right now on giving any new licences to banks, but we feel they shouldnt do it, and those that have it, their licences should be revoked. Let the expertise stay where it is in the insurance industry only. W hile the regulator has insisted that no m ore insurance licences will be handed to c ommercial banks, the BIBA president told T ribune Business: Theres nothing they c an do if another bank tries to obtain a licence, because the precedent has alreadyb een set. If Scotiabank and others do not get theirs, they will test it. Advantages P ointing to the competitive advantages and scale enjoyed by banks, through having access to a huge consumer base, Mr Culm er added: Clients that we have, who may decide to get a mortgage, we lose them, b ecause the banks say they have to go t hrough these tied agents. Its a really unfair playing field. Banks have insurance licences, but we dont have banking licences to be able to c ompete with them in banking. Its kind of an unfair playing field, as b anks have a tied client base and a captive a udience. We felt the brunt of that with the Scotiabank/J S Johnson deal. T hat arrangement, while not a tied deal of the variety Mr Culmer referred to in this article, involved Scotiabank placing its commercial and residential mortgage clients ona group insurance policy it took out with J S Johnson if they do not receive confirmation t hat coverage has been taken out by the d ue date. T he insurance coverage is ultimately placed with Island Heritage, the regional carrier that J S Johnson acts for in the B ahamas, and Scotiabank in response to criticism from BIBA and others has said t he move was merely a prudent response t o ensure its $1 billion-strong mortgage portfolio was not exposed to catastrophe risk through clients either failing to insure or under-insuring. And while Scotiabank previously used to pay the premium to the clients relevant b roker/agent if they did not, the bank has eschewed this approach on the grounds it is t oo difficult and expensive to administer, i nstead employing the blanket approach via J S Johnson. Theyve taken a strongarm approach, s aid Mr Culmer of s approach, and if were n ot vigilant we will lose our clientele. We have to make sure clients renew before the due date, or we lose them to J S J ohnson. Its quite a lot to make sure its done b efore, and we have had to encourage our members to keep on top of that on a monthl y basis. Revoke insurance licences of banks FROM page 1B
BEN FELLER, AP White House Correspondent WASHINGTON In a blistering rebuke of Republicans, President Barack Obama on Wednesday pressed l awmakers to accept tax increases as part of a deal to cut the nation's deficits and avoid a crippling government default. "Let's get it done," Obama challenged, chiding Congress for frequent absences from Washington. Senators from Obama's own Democratic Party quickly said they'd consider canceling next week's July 4 recess to work on a possible agreement. In a White House news conference, Obama offered one fresh wrinkle to try to give the economy and pessimistic voters a lift, calling on Congress to pass a one-year extension of the Social Security payroll tax cut that employees got this year. But he used most of the hour-long session to try to sway public opinion his way on the debt debate consuming Washington. Obama accused Republicans of intransigence over tax hikes, comparing their leaders to pro crastinating children and paint ing them as putting millionaires, oil companies and jet owners ahead of needy students. The Republican House Speaker, John Boehner of Ohio, shot back that the president was ignoring reality. "His administration has been burying our kids and grandkids in new debt and offered no plan to rein in spending," Boehner said as the day's events seemed only to entrench both sides. "The president is sorely mistaken if he believes a bill to raise the debt ceiling and raise taxes would pass the House. The votes simply aren't there." Obama insisted he wouldn't support a deal to cut the deficit unless it includes higher tax revenue, not just spending cuts. Republicans have refused to consider that. The stalemate threatens to derail an extension of the nation's $14.3 trillion debt limit, which in turn could lead the government into an unprece dented default. "They need to do their job," Obama said of Republicans. "Now's the time to go ahead and make the tough choices." Professing optimism but with a bite the president said, "Call me naive, but my expectation is that leaders are going to lead." Obama's aggressive response came with the country souring on the recovery, the Republican presidential contenders taking aim at his economic record and GOP leaders in Congress chal lenging him to show more leadership in the debt stalks. His reelection hinges on the economy, and Obama is trying to restore a sense of public confidence. The Treasury Department says the government is on pace to begin failing to pay its bills by Aug. 2 unless Congress votes to allow the limit on federal debt to rise. Obama declared that is a "hard deadline" and warned that waiting too long could spook capital markets and prompt investors to bail. Here, too, he tried to put heat on Congress by saying lawmakers should cancel any plans to take days off in July if they can't make substantial progress by the end of this week. He said even his daughters, 12-year-old Malia and 10-yearold Sasha, get their homework done ahead of deadline. "Congress can do the same thing," the president said. "If you know you've got to do something, just do it." Obama sought to reframe the entire debt debate in terms peo ple would care about, accusing Republicans of protecting tax breaks for corporate jet owners on the backs of college students who would lose their federal aid even though there is no direct relationship between that tax provision and any particular budget cut. He spoke of elimi nating tax cuts that favor the rich and oil companies "I don't think that's real radical" he said but Republicans contend the White House is pursuing far broader tax changes that would undermine job creation. At his first formal White House news conference in more than three months, Obama also pushed back against Republican criticism of the U.S.-aided military campaign in Libya, saying congressional concerns about consultation were not substantive. And he even took a sharp tone toward the business leaders that his White House has tried to court. "The business community is always complaining about regulations," he said in response to one question. "Frankly, they want to be able to do whatever they think is going to maximize their profits." The president stepped to the podium not long after the Inter national Monetary Fund publicly urged lawmakers to raise the U.S. debt limit, now $14.3 trillion, and warned that failure to do so could produce a spike in interest rates and "severe shock to the economy and world financial markets." Obama also spoke on the same day that Senate Republicans announced support for a balanced budget amendment to the Constitution that would establish a new requirement for a two-thirds majority of each house of Congress to raise taxes. "Washington has to stop spending money we don't have," said Sen. Lamar Alexander, R-Tenn. On the deficit, Obama said both parties must be prepared to "take on their sacred cows" as part of the negotiations, with Democrats accepting cuts in government programs. Republicans in Congress have b een insistent in recent days that any deficit reduction be limited to spending cuts, including reductions in benefit programs such as Medicare and Medicaid, and exclude additional revenues. Senate Republican leader Mitch McConnell of Kentucky said Wednesday that Obama "can't call for tax hikes and job creation. It's one or the other." At Obama's behest, Vice President Joe Biden met for weeks with bipartisan teams from the House and Senate on a package to cut the deficit and, in turn, earn support to raise the debt limit to pay for costs already incurred. Democrats proposed about $400 billion in additionalt ax revenue, including ending subsidies to oil and gas companies. The talks halted when Republicans said there was an impasse over the tax issue, and they called on Obama to get more involved. He bristled over that at the news conference and suggested that ultimately Republicans will give ground on the need to raise revenue, not just cut spending. "Here in Wash ington, a lot of people say a lot of things to satisfy their base or to get on a cable news," he said, "Hopefully, leaders at a certain point rise to the occasion and they do the right thing for the American people." BUSINESS PAGE 10B, THURSDAY, JUNE 30, 2011 THE TRIBUNE 5 2wk-Hi52wk-LowSecurit y P revious CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.190.95AML Foods Limited1.181.180.000.1550.0807.66.78% 1 0.639.05Bahamas Property Fund10.6310.630.00-0.6400.200-16.6 1.88% 7 .504.40Bank of Bahamas6.946.940.000.2130.10032.61.44% 0 .530.17Benchmark0.180.180.00-0.0480.000N/M0.00% 2 .842.70Bahamas Waste2.702.700.000.0470.09057.43.33% 1.961.77Fidelity Bank1.771.770.000.0970.04018.22.26% 11.938.48Cable Bahamas8.488.480.001.0580.3108.03.66% 2.852.35Colina Holdings2.552.550.000.4380.0405.81.57% 8.378.33Commonwealth Brewery8.378.370.000.7400.00011.30.00% 7.006.00Commonwealth Bank (S1)6.886.880.000.4960.26013.93.78% 2.191.90Consolidated Water BDRs1.902.060.160.1110.04518.62.18% 2.541.31Doctor's Hospital1.381.380.000.0740.11018.67.97% 5.994.75Famguard5.405.400.000.4460.24012.14.44% 8 .805.40Finco5.405.400.000.7570.0007.10.00% 9 .858.25FirstCaribbean Bank8.608.600.000.4940.35017.44.07% 6.004.57Focol (S)5.505.500.000.4350.16012.62.91% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7.305.50ICD Utilities7.307.300.00-0.1220.240-59.8 3.29% 10.809.80J. S. Johnson9.829.820.001000.8800.64011.26.52% 10.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 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) +FBB13100.000.001 00.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029TUESDAY, 28 JUNE 2011BISX ALL SHARE INDEX: CLOSE 1,410.35 | CHG 0.15 | %CHG 0.01 | YTD -89.16 | YTD % -5.95BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)M aturity 19 October 2017 7% RoyalFidelityMerchantBank&TrustLtd(Over-The-CounterSecurities) 29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-23201 9 October 2022 Prime + 1.75% P rime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7% I nterest 5 2wk-Hi52wk-LowSymbolBid $ A s k $Last PriceDaily Vol.EPS $Div $P/EYield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/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 Holdings0.650.750.400.0290.00024.130.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.55731.4674CFAL Bond Fund1.55732.04%6.13%1.535365 3.01852.9020CFAL MSI Preferred Fund3.01852.41%4.01%2.952663 1.59761.5289CFAL Money Market Fund1.59761.50%4.50%1.580804 3.20252.6384Royal Fidelity Bahamas G & I Fund2.5997-4.43%-16.29% 13.638813.0484Royal Fidelity Prime Income Fund13.50161.08%0.02% 116.5808103.9837CFAL Global Bond Fund116.58080.71%8.38%115.762221 114.1289101.7254CFAL Global Equity Fund114.12892.39%7.89%111.469744 1.16081.0000FG Financial Preferred Income Fund1.16551.66%5.19% 1.12141.0000FG Financial Growth Fund1.12640.71%6.11% 1.16201.0000FG Financial Diversified Fund1.16681.54%5.59% 9.99529.5078Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.94330.98%4.58% 11.217310.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 211.28102.07%9.80% 10.42889.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.40873.83%11.49% 8.45104.8105Royal Fidelity Int'l Fund Equities Sub Fund8.78964.66%16.69% 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-May-11 30-Apr-11 114.368369 106.552835 31-Mar-11 30-Apr-11 NAV 6MTH 1.512246 2.907492 1.561030TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Apr-11 31-Mar-11 30-Apr-11 29-Apr-11 31-May-11MARKET TERMS30-Apr-11 31-Mar-11 RoyalFidelity Merchant Bank & Trust Ltd (Over-The-Counter Securities) CFAL Securities Ltd. (Over-The-Counter Securities)31-May-11BISX Listed Mutual FundsNAV Date 31-May-11 30-Apr-11 investment. When it came to the rest of his work on CLICO E nterprises, Mr Gomez said he was still attempting to determine the shareholders of Grand Bahama Millworks and Builders Supplies, the hardware firm the company purport-e dly wholly owned. He is actively looking to sell the company, plus the 12 West Ridge lots in New Providence and the Golfview t ownhouse complex in Freeport that it also allegedly owns. The company [CLICO E nterprises] owns 12.472 a cres of land which is d ivided into 12 lots, situate d in Lake Point, Westridge Estates, Mr G omez said. I received o ne offer to purchase this property, which was accepted by me. Ag encies General counsel has approached certain gov-e rnment and regulatory agencies for assistance with respect to information onC LICO Enterprises and Grand Bahama Millworks. Should the regulatory a gents be able to assist in r elation to this request, this will enable potential actions being taken in rela t ion to Grand Bahama M illworks and the Golfview apartment complex in Freeport. Mr Gomez said his attor neys were actively pursuing the enforcement the $58 million guarantee giv e n by the Trinidadian pare nt, CL Financial, for the funds lent to CLICO Enterprises by CLICO (Bahamas The liquidator said ques t ions remained as to whether CLICO Enterprises circumvented exchange control regulations by acquiring real estate in the Bahamas and US without proper approvals, moving funds to the US and elsewhere without CentralB ank approval, and trans ferring funds to persons outside the Bahamas. POSSIBLE CLICO ASSET IN $17.9M FORECLOSURE F ROM page 1B Confrontational Obama rebukes GOP on debt talks O N THEOFFENSIVE: B arack Obama. INTERN ATIONAL BUSINESS T he Royal Bank of Canada unveiled the launch of its business platinum rewards cards on Tuesday, b ecoming the first BankintheCaribbeanand L atinAmericato offer this product to its customers. A t a press conference held at the Sheraton Nassau Beach hotel, Nat Beneby, RBCs president and c ountry head for the Bahamas, said the launch of the V isa Platinum Credit Card signals the ushering in of a new era of innovation and commitment to the Bahamas by the bank. He suggested the introduction of the RBC Rewards Platinum Card is consistent with the banks historyandreputationfordeliveringinnovativeserv icesandproductsthat havetransformedbankingintheBahamas M r Beneby said: The launch this evening is yet a nother example of of innovativeleadership a imedatmeetingandexceedingourclientsexpectations.Weareveryproudofthisnewp roduct,asitdemonstratesourcommitmenttogivi ngourclientsworld-class, leadingedgeproducts. He noted that of Royal Banks 30,000 card holders in the Caribbean, over two thirds of those are in the Bahamas. Royal Bank touts the credit card as providing premier travel and rewards for personal and business b anking clients. The RBC Rewards credit card h as the most flexible travel rewards program in the B ahamas, with zero blackout periods and the freedom to choose any airline, hotel or car rental agency. In addition to travel, RBC Rewards points can be redeemed for gift cards at popular merchants, as well as for cash-back credit to the card, noted MrB eneby. T he executive said Royal Bank currently has the largest retail network of any bank in the Bahamas, with 26 locations. It employs 800 staff in this nation for an annual payroll of $35 million. Royal Bank card a Caribbean first
BUSINESS T HE TRIBUNE THURSDAY, JUNE 30, 2011, PAGE 11B A BOUT URCA: The Utilities Regulation and Competition Authority (URCA the converged regulator for Electronic Communications Services (ECS) (covering broadcasting, radio spectrum and elect ronic communications) in the Commonwealth of The Bahamas. 8 5&$LVVHHNLQJWRHPSOR\VXLWDEO\TXDOLHGLQGLYLGXDOWR W KHSRVWRI&KLHI([HFXWLYH2IFHU7KLVSRVLWLRQZLOOEHEDVHGLQ Nassau, The Bahamas and will report to the Board of URCA. C ORE DUTIES: T he successful candidate will be required to: Lead and promote the development of URCA as set out in t he URCA and Communications Acts T ake total ownership and overall responsibility for leading URCA through post liberalisation reform, policy developm ent, priority mapping and stakeholder management. O wnership includes, but is not limited to, leadership and human capital development, prioritizing of strategic initia-t ives and use of scarce resources, monitoring, implement ation and reporting same to the Board /HDGWKHVWUDWHJLFSODQQLQJDQGUHODWHGVFDOREMHFWLYHs etting for URCA in accordance with the Boards policies a nd consistent with its statutory obligations Lead the implementation of policy determined by the B oard E nsure that URCAs capacity to absorb organizational change is properly assessed and managed through the normal organizational structures and management and i dentify support where required Ensure timely and appropriate transfer of responsibility from c onsultants and other advisors to the organization A ttract, excite and retain colleagues within URCA toward WKHDWWDLQPHQWRIVWUDWHJLFREMHFWLYHV QUALIFICATIONS & EXPERIENCE: Candidates must: hold a university degree, preferably at the post graduate level in the area of law, economics, engineering, account-i ng or business management or a professional designation that is equivalent, to be able to meet the intellectual dePDQGVRIWKHMREDQGRUHTXLYDOHQWH[SHULHQFHh ave workedin, consulted in or regulated in comparative s ectors for over ten years and ideally have both regulatory and industry experience h ave proven experience in areas of regulation, i.e. communications, broadcasting, electricity, or water at a senior level in a leadership role have proven experience in managing post liberalization regulatory issues Five to seven years experience working at senior/ executive OHYHOLQRWKHMXULVGLFWLRQVLQWKHUHJXODWRU\RULQGXVWU\HQYLURQ ment will be an asset COMPETENCIES & OTHER KEY REQUIREMENTS: Demonstrable track record of successful delivery of organizational transformation and change management on a QXPEHURIYHU\ODUJHVFDOHKLJKSUVWUDWHJLFFKDQJH SURMHFWVRUSURJUDPPHVSHFLFWRSRVWOLEHUDOL]HGPDU ket Ability to motivate and manage internal and external stakeholders Must have a high degree of organizational awareness and political sensitivity Strategic outlook and capable of conceptual thinking and decisive decision making Ability to absorb new facts, data and information rapidly Demonstrable sensitivity to balancing stakeholder interests as well as the regulatory imperatives of transparency, consistency and fairness Capable of modifying strong views in the face of new inIRUPDWLRQPDUNHWUHDOLWLHVDQGFRPSHOOLQJDQGLV humble enough to ask questions to ensure an understanding of the situation Strong bias for action and capable of translating the strategic agenda into actionable, quantitative plans, convey a sense of urgency and drive to closure &DSDEOHRIPDQDJLQJSURMHFWVIURPLQFHSWLRQZLWKLQWLPH frames and approved budgets. Good communication and inter-personal skills,and the right attitude to drive a high performance team Demonstrable track record of managing relationships with the media REMUNERATION & BENEFITS: URCA is a performance driven organisation and offers a comSHWLWLYHDQGDWWUDFWLYHUHPXQHUDWLRQDQGEHQHWSDFNDJHDV well as opportunities for career enrichment. Further information about URCA can be obtained from the website: www. urcabahamas.bs CONTACT: Interested applicants should email their resume to email@example.com.Applications should be received on or before July 8, 2011. Only candidates with the credentials and experience required for the role will be contacted. Thank you for your interest. Executive SearchCHIEF EXECUTIVE OFFICER U TILITIES REGULATION AND C OMPETITION AUTHORITY (URCA tion and the downtown S traw Market. Cleaning up the damage from the Valentines Dayf ire that destroyed the Betty K dock also generated work for Bahamas Waste, and Ms Harper said: Our first quarter was about 5 per cent better than anticipated in termso f net revenue. Historically, our first quarter is always the strongest. In terms of net income, we went into the year with g uarded optimism, because t here are still so many uncertainties. We have a lot o f growth areas that are p otentially non-revenue generating, until we gett hem to the level we want t o be at. That refers to Bahamas Wastes fledgling cardboard recycling and biodiesel facili ties, which will take some time to become profit centres for the BISX-listed c ompany. As a result, net i ncome forecasts for the 2011 first quarter were relat ively conservative. S ales/services revenues g rew by 10.9 per cent yearo ver-year during the three months to end-March 2011, r ising from $1.85 million to $2.052 million. H owever, cost of s ales/direct expenses rose at a n even faster rate, growing b y 19.3 per cent from $1.195 million to $1.426 million. T his squeezed gross profits, which dropped 8.2 per centy ear-over-year to $601,825 f rom $655,937. A major fact or behind the expenses increase was global oil prices, Ms Harper telling Tribune Business: Yearover-year, they were up 34 per cent in the first quarter. F uel has a significant effect on our bottom line. F rancisco de Cardenas, Bahamas Wastes managing director, said fuel prices had b een the main factor continuing to impact the companys business through the first two months of its second quarter. Everything is tied into fuel, in particular tyres, steel and lubricants, he explained. Turning to Bahamas Wastes ongoing initiatives designed to generate both new revenue streams and benefit the environment, Mrde Cardenas told Tribune Business the company now had over a dozen of its 50strong vehicle fleet, around 15-16 trucks, running on the biodiesel it was producing. H e added that the comp any was producing between 500-1,000 gallons of biodiesel per week, Mr de Cardenas: We really are just trying to do the best we can. Cardboard recycling is g oing ahead slowly but surel y. Our biggest challenge is s ecuring cardboard. Its so c heap to dispose of, people do not make the effort to collect it, and those people that are want to get paid for i t. They dont understand i ts a lot of time and money to collect, bail and export. Not only are we trying to bee nvironmentally responsib le, were trying to make it a p rofit centre. M r de Cardenas said B ahamas Waste had exporte d some tonnes plus of recycled cardboard to China and India to date. As for its medical waste treatment facility, Mr deC ardenas said business was pretty flat, and suggested the Government now e nforce a law requiring med ical practitioners to properl y dispose of their waste. Were trying to get the clinics on board and the Family Islands on board,h e added. There are still quite a number of private practitioners that havent signed up. My understanding is that theres a law in place requiring all medical practitioners and physicians to dispose of their waste properly. The law was not able to bee nforced in the past because there was no facility to do i t, but now there is, there s houldnt be any excuse. Mr de Cardenas said Bahamas Waste was hopingt o see a third quarter boost w hen the $2.6 billion Baha Mar project moved into high gear, as it was providing a small amount of equipment a nd services to it currently. H e was also cautiously optimistic about the chances ofK erzner International moving ahead with its Hurricane Hole redevelopment by year-end. I think there is a little bit o f a rebound going on, Mr de Cardenas said of the B ahamian economy, but its still pretty stagnant. Itss till a challenge. In some cases its got better, and in some cases its gotten worse. Once these larger scale projects start to kick-in,h opefully things will be a lot b etter for us in the last half o f the year. Were hoping that by the end of the third q uarter, these larger projects w ill be in full swing and see s ome revenue growth. This is what we thrive on, these b ig projects. M s Harper added: Were optimistic about the last two quarters of this year. The last two quarters of last year were particularly difficult. Bahamas Waste profit % over internal forecast FROM page 1B
BUSINESS PAGE 12B, THURSDAY, JUNE 30, 2011 THE TRIBUNE SANDALS STARTS LATEST TRAINING PLAN PHASE S andals Royal Bahamian will begin the fourth s ession of its Hospitality Training Program ( HTP) today at 5pm at the HO Nash Junior High School. This six-week training program is designed to p rovide participants with exposure, training and skills within the hospitality industry. The program is free of charge and welcomes persons between the ages of 18-25. At the end of training, the participants are evaluated. Evaluation Those who pass their evaluation will graduate with a certificate and letter of recommendation signed by the general manager of Sandals R oyal Bahamian, Patrick Drake. U sually, if there are openings in the persons area of training following graduation, they would then be hired. O n Tuesday, the resort graduated 20 young persons from its third Hospitality Training Program class. Of that group, seven were employed by San d als Royal Bahamian. INSIGHT For the stories behind the news, read Insight on Mondays
RELIGIOUS NEWS, STORIES AND CHURCH EVENTS R E L I G I O N S E C T I O N C THURSDA Y JUNE 30, 2011 T H E T R I B U N E S By JEFF ARAH GIBSON T ribune Features W riter B AHAMIAN award winning music artist, Jaynell Vernice who hails from the island of pink sand, Eleuthera, is releasing a new self help book for women who are struggling with low self esteem, low confidence, physical and emotional hurt. T h e b o o k w h i c h i s c a l l e d A W o m a n s C r y H e r F i g h t F o r F r e e d o m s p e a k s t o t h e w o m e n t h a t h a v e b e e n s u f f e r i n g i n s i l e n ce a n d a r e c r y i n g o u t f o r h e l p J a y n e l l s b o o k i s c o n s i d e r e d a s e l f h e l p a n d p r a ct i c a l g u i d e f o r w o m e n t o u n d e r s t a n d w h o t h e y a r e w h e r e t h e y a r e g o i n g a n d ce r t a i n l y h o w t o g e t t h e r e I n h e r b o o k s h e s e e k s t o e m p o w e r a n d e n co u r a g e a l l w o m e n w h o a r e f a c i n g d i f f i c u l t t i m e s i n t h e i r l i v e s r i g h t n o w W i t h h e r e n co u r a g i n g w o r d s a n d i n s i g h t s h e i s d e t e r m i n e d t o r e m i n d t h e m t h a t t h e y a r e n o t a l o n e n o m a t t e r h o w u n i q u e t h e y f e e l t h e i r s i t u a t i o n i s I t d o e s n t m a t t e r w h e t h e r o r n o t a w o m a n i s s i n g l e m a r r i e d d i v o r ce d o r e v e n o n t h e l o o k o u t t h i s b o o k w i l l p r o v i d e a n s w e r s t h a t w o m e n a r e s e a r c h i n g f o r In a W o m a n s C ry Her F igh t F or F r e e d o m J a y n e l l i n t e n d s t o t a r g e t s i n g l e w o m e n i n s e a r c h o f M r R i g h t H e r c o n c l u s i o n i s t h a t o n c e a w o m a n r e c o g n i s e s a n d a f f i r m s h e r w o r t h t o h e r s e l f s h e i s a b l e t o w e a v e e a s i l y t h r o u g h t h e g u y s w h o d o n o t d i s p l a y l o n g t e r m p o t e n t i a l M y d e s i r e i s t o r e a c h o u t t o s i n g l e w o m e n t h a t w i l l e v e n t u a l l y b e s e e k i n g a m a t e w h o m t h e y w i l l s h a r e t h e r e s t o f t h e i r l i v e s w i t h I n m y b o o k I t a l k a b o u t a p r e p a i d m a n V s a p o s t p a i d m a n a n d I s h a r e i n d e t a i l t h e r e a s o n s w h y s o m a n y r e l a t i o n s h i p s f a l l a p a r t I g i v e y o u p r a ct i c a l e x e r c i s e s t o r a t e y o u r p o t e n t i a l m a t e t o s e e i f h e s t h e o n e f o r y o u o r s h o u l d y o u m o v e o n I a l s o s p e a k t o w o m e n t h a t h a v e l o w s e l f e s t e e m i s s u e s a n d d o n t f e e l b e a u t i f u l i n t h e c h a p t e r W o m e n y o u h a v e t h e r i g h t t o remai n F .A. B-ulou s. W omen you don t h a v e t o w a i t f o r s o m e o n e t o a f f i r m y o u o f y o u r b e a u t y a n d i n n e r r a d i a n c e N o m a t t e r w h a t y o u r s i ze o r y o u r c o l o r ; y o u m u s t s e e y o u r s e l f a s G o d s e e s y o u R e m e m b e r y o u a r e f e a r f u l l y a n d w o n d e r f u l l y m a d e T h e r e i s n o o n e e l s e o n t h i s p l a n e t t h a t h a s b e e n g i v e n t h e s a m e ch a ra ct e r i st i cs th a t y o u h a v e ," s h e e x p l a i n e d J a y n e l l s a i d b e c a u s e o f h e r p a s t s t r u g g l e s a n d u n d e r s t a n d i n g t h e r o l e h e r t r i b u l a t i o n s p l a y e d i n s h a p i n g h e r f u t u r e s h e i s a b l e t o e x t e n d a d v i ce t o w o m e n a n d b r i n g t h e m h o p e w i t h h e r b o o k I a m g l a d t o s a y t h a t I h a v e f o u n d m y p u r p o s e a n d u n d e r s t o o d t h e r e a s o n f o r m y s t o r m s I a m s o m u c h s t r o n g e r a n d w i s e r b e ca u s e o f m y t r i a l s a n d t r i b u l a t i o n s I h a v e f o u n d a w a y t o ch a n n e l a l l o f m y h u r t a n d p a i n t o g o o d u s e a n d cr e a t e s o m e t h i n g p o s i t i v e o u t o f a n e g a t i v e s i t u a t i o n S h e c o n t i n u e d : I v e l e a r n e d t o t r u s t i n J e s u s k n o w i n g t h a t h e h a s t h e p o w e r t o c h a n g e a n d t u r n a r o u n d a n y s i t u a t i o n t h a t y o u m a y b e f a c e d w i t h I a m n o w f r e e f r o m m y n i g h t m a r e s ; f r e e t o s m i l e a g a i n f o r r e a l t h i s t i m e f r e e t o d r e a m f r e e t o f i n a l l y b e a w o m a n o f i n t e g r i t y a n d h o n o u r k n o w i n g t h a t I a m b e a u t i f u l b e ca u s e G o d s a y s s o G o d h a s g i v e n m e a n e w p e r s p e c t i v e o n l i f e A l o n g w i t h t h e b o o k I a m r e l e a s i n g m y n e w e s t s i n g l e B e s t i s y e t t o c o m e h o l d i n g f i r m t o t h e p r o m i s e s o f G o d i n f a i t h I n a d d i t i o n t o r e l e a s i n g h e r b o o k a n d h e r n e w s i n g l e s h e i s a l s o s t a r t i n g t h e W o m a n s F r e e d o m M o v e m e n t t h a t s h e h o p e s w i l l s wing a po sit i v e k ey thr ou gh out th e B a h a m a s S h e i n t e n d s t o a c c o m p l i s h t h i s b y b r i n g i n g a w a r e n e s s a n d s h e d d i n g t h e l i g h t o f t r u t h o n i s s u e s t h a t e v e n s o m e c h u r c h e s a r e a f r a i d t o t a l k a b o u t J a y n e l l w i l l b e m a k i n g s p e c i a l a p p e a r a n c e s o n l o ca l r a d i o a n d t e l e v i s i o n t a l k s h o w s i n t h e d a y s a h e a d JA YNELL V ernice new book is a self help guide for women struggling with self esteem issues. Bahamian musician releases new book A W oman' s Cry Her Fight For Fr eedom'
The T ribune PG 30 Thursday June 30, 201 1 RELIGION G o d s g i f t t o u s A S A p e o p l e w e a r e b l e s s e d t o h a v e s o m u c h t h a t i s go o d i n s p i t e o f w h a t n e e d s t r an s f o r m i n g. I t i s f o r u s t o u n d e r s t a n d h o w t o f u l l y a p p r e c i a t e t h o s e b l e s s i n g s I n A c t s 2 : 2 8 b S t P et e r q u o t e s K i n g D a v i d t o t h e p e o p l e : Y o u h a v e m a d e k n o w n t o m e t h e w a y s o f l i f e y o u w i l l m a k e f u l l o f g l ad n e s s w i t h y o u r p r es e n c e T h e p r e s e n c e o f G o d i n d i c a t e s a c c e s s i b i l i t y t o w i s d o m f o r t h e f u t u r e s t r e n g t h f o r t h e c h a l l e n g e s o f t h e d a y a n d k n o w l e d g e o f t h e f a i t h f u l n e s s o f G o d i n t h e p as t t o h av e s u s t a i n e d u s t h i s f a r P s al m 1 1 1 : 5 s p e a k s a b o u t G o d s p r o v i s i o n : "H e p r o v i d e s f o o d f o r t h o s e w h o f e a r H i m A s w e p o n d e r w o r l d d e v e l o p m e n t s i t i s i m p e r a t i v e t h a t w e r e t u r n t o s o m e o f t h e f o r m e r p r a c t i c e s o f f a m i l y ga r d e n s a s w e l o o k f o r n e w a n d c r e a t i v e m et h o d s t o b e c o m e m o r e s e l f s u f f i c i en t S o l a r e n e r gy i s o n e o f o u r g r e a t r e s o u r c e s a s t h e h e a t s e e m s t o i n c r e a s e d a i l y W h a t c a n w e d o t o h a r n e s s t h i s n a t i o n a l a s s e t f o r o u r b e n e f i t ? SECOND CHANCE At a time when too many of our own are experiencing a sense of guilt over what they have done, or shame over what has been done to them, let us understand what it is that the cross means for us all. Redemption is a sec ond chance, a clean start, a new begin ning to value ourselves as precious in God' s sight and in each other s sight. W e are reminded in 1 Peter 1:3 and 8 that ther e is a way to leave the past behind and obtain a living hope for a better life her e on earth: By his great mer cy he has given us a new birth into a living hope thr ough the resur r ection of Jesus Christ fr om the dead, an inheritance that is imper ishable, undefiled, and unfading, kept in heaven for youalthough you have not seen him you love him now you believe in him and rejoice with an indescribable and glorious joy for you a r e r ec e i v in g t h e o u t c o m e o f y o u r faith, the salvation of your souls." In the midst of great distr ess, and in spite of our size as a very small island state, the presence of God can mean peace if only we will believe, and act according to God' s plan: John 20:19 d e s c r i b e s h o w p e a c e w i l l o ve r c o m e even the ter r or of ter r orism: When it was evening on that day the first day of the week, and the doors of the house where the disciples had me wer e locked for fear of the Jews, Jesus came and stood among them and said, "Peace be with you ." PEACE When we make our peace with God, and we ar e at peace within ourselves about ourselves, we become a national r esource as we overflow with our own unique thoughts and contributions, and out of gratitude to God, fr eely give to others whatever is needed at the time: our skills or just a smile, our prayers and our pr esence, encouragement and p r a i s e m o n e y a n d t i m e i d e a s a n d imaginative solutions. Let us lead the way by seeking to develop ever y per son' s potential with policies that will not sell each other back into slavery for personal gain, with programs that call us to r espond to life in ingenious ways, with prayers that remind us of our total depen dence u po n G od a l one as we strive to live as an independent nation in a time of global relationships. REV ANGELA C BOSFIELD P ALA CIOUS Share your news The T ribune wants to hear from people who ar e making news in their neighbour hoods. Per haps you are raising funds for a good cause, campaigning for improvements in the ar ea or have won an award. If so, call us on 322-1986 and share your story
Genesis12: 2. And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing: Despite all of the prosperity teachings and other materials concerning prosperi t y c i r c u l a t i n g t h r o u g h o u t t h e c h u r c h t o d a y ; t h e r e s s t i l l a v a s t a m o u n t o f poverty and lack among the majority of saints. It' s fair to say that this consistent level of poverty and lack is due to greed, selfishness and blatant disobedience to God' s word by those who have gained access to levels of financial prosperity / blessing. Here' s the purpose of the blessing "and thou shalt be a blessing" As God begins to show himself str ong on behalf of his people in the realm of finances, many of these persons have allowed the finances and other blessings to get the better par t of them. This is where the saying comes into play "It' s not bad to have money but it' s bad when money have you; OR as, 1T im.6:10, says "For the love of money is the r oot of all evil:" The key to walking in and being the recipient of God' s blessing is being obedient to His word. There are two facets of being blessed or r eceiving a blessing; one is of God and t h e o t h e r i s o r c h e s t r a t e d b y S a t a n (1)KJV : Prov .10: 22. The blessing of the LORD, it maketh rich, and he addeth no sor r ow with it. This facet of the blessing is sur r ounded with joy that' s unspeakable and filled with God' s glor y and is gladly extended / shared with others, (with wis dom as the Holy Spirit leads). (2) NL T : Ps.62: 10. Don't tr y to get rich by extor tion or robber y And if your wealth increases, don't make it the center of your life. This facet of the blessing is methodical ly laid out by Satan of which many within and outside the church are chasing after; u p o n i t s g a i n t h e r e i s g r e a t s o r r o w attached one way or another God' s pur pose of the blessing is not for one to con sume it upon his / her own lust. In the process of r eceiving the blessing, God will make the recipient' s name great. Not for the recipient' s name sake; but for His (God' s) name sake. As man chases Satan' s facet of the blessing, one of the very first things that happens, is that the name of the man / woman becomes the center of attention. The media is nor mal ly involved or some other means of mak in g p ub lic kno wn o f w hic h has b een gained or distributed by the r ecipient of such financial or other material blessings. The perquisite for God' s blessings is clearly laid out for us: Deut.28: 1. And it shall come to pass, if thou shalt hearken diligently unto the voice of the LORD thy God, to obser ve and to do all his commandments which I command thee this day that the LORD thy God will set thee on high above all nations of the earth: : 2. And all these blessings shall come on thee, and overtake thee, if thou sh a l t h e a rk e n u nt o t h e v oi ce o f t he LORD thy God. : 3. Blessed shalt thou be in the city and blessed shalt thou be in the field. : 4. Blessed shall be the fr uit of thy body and the fruit of thy ground, and the fr uit of thy cattle, the incr ease of thy kine, and the flocks of thy sheep. : 5. Blessed shall be thy basket and thy store. : 6. Blessed shalt thou be when thou comest in, and blessed shalt thou be when thou goest out. : 7. The LORD shall cause thine enemies that rise up against thee to be smitten before thy face: they shall come out against thee one way and flee befor e thee seven ways. : 8. The LORD shall command the blessing upon thee in thy stor ehouses, and in all that thou settest thine hand unto; and he shall bless thee in the land which the LORD thy God giveth thee. The reverse of the blessing is the curse, which is also clearly laid out for us: Deut.28: 15. But it shall come to pass, if thou wilt not hearken unto the voice of the LORD thy God, to obser ve to do all his commandments and his statutes which I command thee this day; that all these curses shall come u p o n t h e e a n d o v e r t a k e t h e e : : 1 6 Cursed shalt thou be in the city and cursed shalt thou be in the field. : 17. Cursed shall be thy basket and thy store. : 18. Cursed shall be the fruit of thy body and the fruit of thy land, the increase of thy kine, and the flocks of thy sheep. : 19. Cursed shalt thou be when thou comest in, and cursed shalt thou be when thou goest out. : 20. The LORD shall send upon thee cursing, vexation, and r ebuke, in all that thou settest thine ha nd u nt o f or t o d o, u nt i l t h ou be destroyed, and until thou perish quickly; because of the wickedness of thy doings, whereby thou hast forsaken me. : 21. The LORD shall make the pestilence cleave unto thee, until he have consumed thee fr om of f the land, whither thou goest to possess it. Follow the path of the blessing. For question or comments contact us via E-mail:firstname.lastname@example.org or email@example.com or Ph.242.441-2021 or 3 Pastors Matthew & Brendalee Allen Kingdom Minded Fellowship Center Int'l. The T ribune Thursday June 30, 201 1 PG 31 RELIGION Be a blessing P AST OR MA TTHEW ALLEN
"That the God of our Lor d Jesus Christ, the Father of glor y may give unto you the spirit of wisdom and revelation in the kn o wl e d ge o f H im Th e e ye s o f y ou r understanding; that ye may know what is the hope of his calling, and what the riches of the glory of His inheritance in th e saints." Ephesians 1:17 & 18. Thi s year t h e yo ut h gro up t hat I am a p a r t o f ( B e t h e l B a p t i s t Y o u t h D e p a r tm ent ) has b een ch all enged w it h a uni qu e t op ic f or our Y out h' s D ay ser v i c e I n c r e a s e d C a p a c i t y s e e i n g c l e a r i n g heari ng, b et ter and goin g hi gher T a k e n f r om E ph esians 1:15-23 an d Co l 1:2527. W e are ind eed pro ud o f t he fac t t hi s not jus t a o ne day to pi c bu t som eth in g t hat we c an c arry wi t h us fo r t he rest of ou r l i v e s The wo rd inc rease means t o b eco me g r eat er i n siz e i n our sp iri ts T he wor d c a p a c i t y t he pow er o f ho ldi ng; c on t aining; ab sorb in g or gras pin g m ore of w hat God i s sayin g t o us in t h is seaso n. That we have t he q uali f icat i on an d aut ho rit y th at can b e c ont ain ed in t he p osi ti on s i n w h ic h w e f un c t i o n Hi g he r e xt e n di n g u p w a r d f ro m wh e r e w e c ur rent ly are, t o go hi gher l evels i n Go d. No t j ust a, 's tep but a d imen sio n. D imen sio n is a plac e of dom in ion ; b eyon d t h e no rm or r e g u l a r ; serio us alt it ud e, el evat ion ab ove h ori zo n jus t bask ing i n h is pr e s e n c e Seein g cl earer t hi s a vi sual per c e p t i o n or t o perc eive by th e eye wi th un derst andi ng, t o obs erve or dis cern T o have pow er o f visi on; t o see wit h out d if f i c u l t y in t he sp iri t Impr oved h earin g o r heari ng bet t er in a great er d egree. In a mo re excel lent m anner I sai d all of t hat t o say t hat Go d i s c alling us t o go hi gher in Hi m! W e h ave Go d in u s, H is b loo d f lo ws o n t he i nsi de o f u s. A r e yo u abl e t o c on tai n wh at G od w ant s to d epo sit in you ? H e h as g i ven us a ch oic e, w het h er w e w ant mo re o f hi m o r not Are you af rai d o f th e pri ce t h at h as to b e pai d t o co nt ain or ho ld wh at Go d wan ts to give t o you ? W e l l I k no w I' m t i r ed o f t h e r e g u l a r / n o r m! Go d w ant s t o use us t o f ulf i ll His wi ll in t he earth W e have do mi nio n, au th ori t y and p ow er t o def eat an d devou r th e p lot of th e en emy to st eal, ki ll and dest r o y W e mus t r e a l i z e wh o lives on t he in sid e o f us and st o p living def eated li ves. W e m ust n ot live in f ear pow erl ess, sic kn ess, poo r hop eless ness. .. b ut b old co urageo us, pow erf ul heal t hy h opef ul ric h, st ron g, u nd efeat ed as we go h igh er see cl earer and hear bet t er t he G IANT S wi ll i nc rease as wel l! They w il l co me t o T R Y an d kil l us, di sco urage us, and c a u se us t o gi ve up o n Go d. B ut Go d is w it h u s and w il l never l eave yo u. H e l oves u s, hears o ur every pr ayer sees ou r goo d wo rks, an d sac rif ic es. Keep f igh t ing, k eep prayi ng, fas ti ng, st ay i n His w ill an d He wi ll st rengt hen eq ui p a n d pr e p a r e u s. Be s t r on g, d isr e g a r d t he negat ive jeer s, fi lt er th e negat ive th ou ght s in you r m ind w it h th e w ord of God w e w il l l ive an d not die! Keep p r e s s i n g God i s able and w il l do j ust w hat He has p rom ised u s. Th e Po t ter k no ws w hat he i s do ing a n d w e w ill co me o ut as pu re g o l d B e e n c o u r a g e d e v e r y o n e G o d w a n t s t o d o e v e n m o r e s u p e r n a t u r a l th in gs in th e eart h in us an d t hr ough us but w e mu st su rrend er and be br o k e n Newn ess i n o ur m in ds, our speec h, hearing, s ight m ovemen t i n dan ce, si ngin g, leadi ng, paren ti ng, m arri a ges jo bs, r e l a ti on shi ps et c... G od is go ing t o mo ve o n Y o ut h's D ay an d every act ivi ty p rio r o r b e f o r e t h i s sp ec i a l da y Rev i va l i s i n Bet hel and it 's in us all. So rec eive al l t hat God h as f o r u s i n t his seaso n and give t o th ose t h at n eed G od wit h th e gif t s, t alent s, an d ab ili t ies i nst il led in each of us W e ext end an in vit e t o all o f you o n Sun day Ju ne 3; t o co me and cel ebrat e wi th us on our ann ual Y ou t h's Day The T ribune PG 32 Thursday June 30, 201 1 RELIGION Increased Capacity ALLISON MILLER By ALESHA CADET T ribune Features Reporter O NCE AGAIN young Bahamian marital artist, Darren "Heavy Metal" Sears is making head lines as he was privileged to be one of the persons chosen as an honouree at the Royal Settings event at Chapel On The Hill just a few weeks ago. I n a n i n t e r v i e w w i t h T r i b u n e Religion Mr Sears noted," This invitation helped me to realise that God has all my hair numbered, and he cares about me personally ." H e g o e s o n t o e x p l a i n : S o m e t i m e s w h e n s t a n d i n g f o r righteousness we will feel as if our efforts are in vain. At the event I was the youngest of all the men being honoured, this was a great feeling in itself to be honoured at such a young age." Mr Sears said the event was a g r e a t s u c c e s s a n d m a n y p e o p l e came to support the men of God. The de co r ations wer e fi v e star q u a l i t y w i t h a n e x c e l l e n t p r o gram." "There was also a guest artist at the event, Mr L ynx who gave a powerful testimony about his life a n d m u s i c c a r e e r a n d S h a r o n Gibson, one of the promoters of the event, came to me and spoke to me about an event that was about to take place. She said that they a r e h o n o r i n g p e o p l e w h o h a v e made a great impact in the commu n i t y t h a t g o u n n o t i c e d w a s h e d away in the works of evil done and spoken, of men on the news and around the nation. I immediately thought it was a g r e a t i d e a f o r p e o p l e n e e d t o know that there ar e men out ther e who ar e doing God's will and mak ing a lar ge impact in the world today "She then told me that while in prayer God told her that he want ed me to be honoured at the Royal Settings event. I was excited to k no w t h a t Go d n o t i c e d a l l t h e work that I was doing for him and it showed me that I was being ef fective." Going fur ther he continued: Many people die before they get honour ed or recognised. It was a great blessing and encouragement to me to be r ecognised for the ef for ts of working hard for God. Many people say things about you that are not true but we as believ ers of God need to ignor e this com pletely because God will expose that which is good and bad in due season." He will make your name gr eat, you don't need people to encour age or uplift you, God should be your motivation, his word has to come to pass, his word is inevitable if you believe in hope. I pray that this be an encouragement for all those people labouring in the name o f Jesu s and f eel like th ey are unappr eciated. God is telling you today ever ything you do for him, ever ything you say ever y tear you cr y down to every drop of sweat is being r ecor ded by God," Mr Sears said. "Those who humble themselves before God will be exalted and that which is done in private will be r ewarded openly People wonder why I am so radical and on fir e for God, but if they only knew what God has done for me, they would be radical and on fire too. In this life don't wor r y about what people think. Stand unashamed to repr e sent Jesus." Mr Sears goes on to say I stand unashamed because when I was down and out no one was there but God, when I had nothing, no one was there but God, when I cried, no was ther e but God, when I am in need no one can help me like God. Now I strive to do gr eater works for God, because I under stand that his desir e is for all to come to know him and none to perish. For those who ar e reading this I would like you to know that there is no love like God's love. God is a person who wants to have a r elationship with you, and Jesus is the key to getting to know God. Place God first place in your life and watch him blow your mind to wher e he will take you." Royal Settings presents a Royal Af fair Darren "Heavy Metal" Sears
By BRENT STUBBS Senior Sports Reporter firstname.lastname@example.org IT WAS a special Saturday night at the Grand Bahama Baseball Park for Bertram Murray Sr, Frankie Cinderella Sweeting, Willard Rutherford and Jeff Sangee Francis. The quartet were awarded the Lifetime Achievement Award during the opening ceremonies at the Bahamas Baseball Federations 9th Andre Rodgers National Baseball Tournament. Ask Murray, Sweeting or Francis and they all would tell you that they were not only thrilled to have r eceived such an honour, but its one t hat was long overdue. F F r r a a n n c c i i s s , t t h h e e y y o o u u n n g g e e s s t t m m e e m m b b e e r r o o f f t t h h e e c c l l a a s s s s Im honoured to get the award, but Im still bust in what I do, said Francis, who is still assisting the federation in its administration and worked as an official at the tournament. I help baseball and I try to push the game, so I guess my peers see it fit to honour me for what Ive been doing probably in the last 10-12 years. But Francis admitted that it wasnt u ntil he was presented the award by M inister of Youth, Sports and Culture Charles Maynard that he really felt the significance of it. Everybody said it was welldeserved, but even when they were voting on it, there was 14 votes and I got all 14 votes to put me in there to get the award. But it really just set in when I got the award. Born on April 29, 1961, Francis is the sixth of 13 children born to the late James Frances and Rejoiner Rolle. Sangee as he is called, started playing the sport of baseball at the age of 12. Today, he is the current p resident of the New Providence A mateur Baseball League and the former first vice president of the Bahamas Baseball Federation. He is married to the beautiful Andrea Gwendolyn Francis (nee Rolle) and they have two talented daughters Janae Latoya (a graduate of Allegany College of Maryland) and Jessica Lee (a forward/center at Potomac State College). Both girls are black belts in karate which has taught them to be F e l i p M a j o r / T r i b u n e s t a f f CENTRE COURT: Wild card entry Shaquille Taylor takes part in this years Junkanoo Bowl tournament at the Bahamas Lawn Tennis Association National Tennis Centre yesterday. SEE MORE PHOTOS ON PAGES 4 & 5E Wild card moves on T HETRIBUNE SECTIONETHURSDAY, JUNE 30, 2011 INSIDE TRAK T T U U R R N N T T O O 3 3 E E . . . T T U U R R N N T T O O 3 3 E E . . . T T U U R R N N T T O O 6 6 E E . . . BFA GETS NEW SPONSOR NA TIONAL BODYBUILDING CHAMPIONSHIPS ALL SET FOR SA TURDAY ASAFA POWELL THE TOP MAN AGAIN JACKSON HOPES TO ADD ATTITUDE TO THE BUCKS WORLD CUP: BRAZIL BEA TS AUSTRALIA 1-0 MLB: REDS DEFEAT TAMPA BAY RAYS 4-3 WIMBLEDON: FEDERER UPSET BY TSONGA T T U U R R N N T T O O 6 6 E E . . . T T U U R R N N T T O O 6 6 E E . . . T T U U R R N N T T O O 6 6 E E . . . T T U U R R N N T T O O 7 7 E E . . . Fantastic four get Lifetime Achievement Award S S E E E E p p a a g g e e 3 3 E E By RENALDO DORSETT Sports Reporter email@example.com H undreds of junior tennis players from around the world have descended on the Bahamas to compete in the countrys most high profile junior tennis tournament. The Junkanoo Bowl began Monday and will continue daily at the Bahamas Lawn Tennis Associations National Tennis Center. The Grade 4-Hard Surface tournament is sanctioned by the International Tennis Federation and features players ranked within the top 200 in the world. In the boys main draw, Shaquille Taylor continues to take advantage of his position as a wild card entry, and carried the flag proudly for the Bahamas into the second round. Taylor defeated Kevin Carpenter of Mexico, 6-1, 4-6, 7-5. He will advance to face the second seeded player of the draw, Dekel Bar of Israel, who defeated Arsav Mohanty of the USA, 6-2,6-4. Other Bahamian players in the boys main draw were not as fortunate as they suffered elimination in round one. Christian Cargill was defeated by Josh Hagar of the US, 2-6, 1-6, Ondre Cargill was defeated by Walner Espinoza of Panama 3-6, 4-6 and Rasheed Carey fell to Thomas Colautti of Great Britain, 0-6, 26. In the girls main draw, Simone Pratt was able to move through to the second round following her 6-1,6-2 win over Olivia Hauger of the United States. Other Bahamians in the main draw included Gabriella Bowe who lost to Kristina Chasovskikh of Russia 6-1,6-2, Miranda Rodriguez of Mexico defeated Adrienne DAlewyn 1-6,0-6, Yijia Shao of China topped Gabrielle Moxey 2-6, 0-6, and Tatijana Sheikhan of the United States eliminated Erin Strachan 1-2-6. Several opportunities in doubles play remain for the Bahamas to capture a title on the home court. In girls doubles, Danielle Thompson paired with India Hart of Canada and advanced to the quarterfinal and will face Alexandra Clark of Great Britain and Blair Shankle of the US. Pratt and Shao also advanced to the quarterfinal and will face Peeraya Charoensirisutthikul of Thailand and Katarina Guarino of the US. In 2010, Rodney Carey Jr reached the final of the Junkanoo Bowl but fell in tournament finale. Carey, the tournaments second seed, lost to the top seed of the main draw, Shaun Bernstein of the United States, 3-6, 4-6.
PAGE 2E, THURSDAY, JUNE 30, 2011 TRIBUNE SPORTS
SPORTS PAGE 4E, THURSDAY, JUNE 30, 2011 TRIBUNE SPORTS Junior players hit the court P h o t o s b y F e l i p M a j o r / T r i b u n e s t a f f HIGHLIGHTS: Junior players compete in this years Junkanoo Bowl tournament yesterday at the Bahamas Lawn Tennis Association National Tennis Centre.
SPORTS TRIBUNE SPORTS THURSDAY, JUNE 30, 2011, PAGE 5E HIGHLIGHTS: Junior players compete in this years Junkanoo Bowl tournament at the Bahamas Lawn Tennis Association National Tennis Centre yesterday. at annual Junkanoo Bowl P h o t o s b y F e l i p M a j o r / T r i b u n e s t a f f