The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/03074
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 12/27/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
System ID: UF00084249:03074

Full Text






VBER 7, 2007 PRICE 750

{ ^~I^B^s|3^

inll pension

Owner of bar where

resident was allegedly shot

says there could be further

destruction at funeral

Tribune Staff Reporter
THERE is the potential for
further destruction in Bimini
when the body of Ashcal Rolle
- the resident allegedly shot and
killed by a police officer on Friday
is laid to test in just over two
weeks time, longtime resident
William Butler, owner of the biar
where Mr Rolle was killed,
warned yesterday.
"It's not over yet," Mr Butler
claimed, adding: "In a time' of
peace, you must prepare for war."
Popular ex-boxer Mr Butler,
also known as "Yama Bahama"
or "Uncle Yama" to many --yes-
terday contradicted earlier indi-
cations that a majority of the
island's residents were involved
in the "riots" following the killing
of Mr Rolle, claiming instead that
the destruction was mainly car-
ried out by select youths.
However, he said that he sens-
es that the sentiment exists
among some of this segment of
the island's population to engage
in further retaliatory action, par-
ticularly around the time of Mr
Rolle's funeral on Saturday, Jan-
uary 13.
Mr Rolle was allegedly shot
after he was cuffed and lying on
the ground in the corner of the
Bimini Breeze bar. He had been
sought by police for an earlier
traffic violation. The bullet is
reported to have exited through
Mr Rolle's eye socket.
While urging police to ensure
an upgraded presence is main-
tained on the island to'ensure that
peace remains, "Uncle Yama"

also criticised the force for "work-
ing too slow" in response to warn-
ings that violence would break
out in Bimini in the wake of the
shooting of Mr Rolle.
"Uncle Yama" said that
despite calls made to Nassau in
the early hours of Saturday morn-
ing, following the shooting at
around 11.30pm on Friday, police
failed to show until 2pm the fol-
.lowing afternoon hours after
unruly young people had vented
their feelings by damaging police
Their attacks that morning,
with firebombs and other
weapons, destroyed police patrol
boats, damaged and overturned
patrol cars, and gutted part of the
police station.
However, "Uncle Yama"
stressed that he felt the damage
was not indicative of a wider
deep-seated resentment of the
police on the island, but simply
the actions of some among the
"out-of-hand" younger genera-
"It was a lot of the kids -
young children, 18, 19, 16, they
have no care because they don't
own nothing so it doesn't make
any difference what they destroy.
All they do is they follow the
leaders, if one person go and do it
then they just go in behind them."
He added that the older gener-
ation are more resigned to accept-
ing that the shooting was "a mis-
Mr Butler went on to describe
the events of the evening and his
sense, based on years of "know-
ing Bimini on both sides" the
SEE page 13

junkanoo spectatois
turned out for the Brian
"Boldie" Gibson Boxing
Day 2007 parade and were
treated to quite a show as
the junkanoo groups
rocked Bay and Shirley
Streets even as rain fell
into the early morning
Mr Gibson, who served
as the Grand Marshall for
the National Junkanoo
Committee (NJC) for
many years and was the
announcer of the winners
and losers of the junkanoo
parades, told The Tribune
that he was elated to be
honoured in such a way.
"I am elated and ecstat-
ic about it because it is
quite a tribute for my
achievements over the
years. The thing is, most
SEE page 13

Police continue
into alleged
and damage
Tribune Staff Reporter
WHERE evidence of culpa-
bility is found linking Bimini
. residents to the destruction of
-T' Ipolice property in the wake of
the police shooting death of a
-:. resident last weekend "the law
Swill be enforced", the acting
police commissioner said yes-
bCommissioner Reginald Fer-
.guson said police are continuing
investigations into the alleged
shooting of Ashcal Rolle on Fri-
day evening by an officer iden-
tified only as "Corporal Dar-
ling", and into damage caused
by irate residents following his
..- death on Saturday morning.
He said he could not say how
S soon these investigations would
Y '. be concluded. "I'm certain we
are trying to get it done as effi-
ciently as we possible could,"
he said.
Mr Ferguson said police had
"an obligation to deliver to the
Bahamian people the highest
quality of service" and if that
service is in any way "compro-
t 4mised" the force would "seek
forthwith to have it corrected
and make sure that we are
delivering to those people what
they are paying us for."
On Friday evening, 43-year-
._.SEE page 13

Anger after PM walks past Sea Hauler victims
Tribune Staff Reporter
PRIME Minister Hubert Ingra-
ham was accused of exploiting
the suffering Sea Hauler victims'
situation for election time gain
after he briskly avoided commu-
nicating with a gathering of those
affected outside his Cable Beach
office on Monday.
Eight victims of the 2003
tragedy had congregated that
morning inside the Scotia Bank
Building, where Mr Ingraham's
office is also located, in the hope
of speaking with him and finding
-".=- out the status of their claim for
8 compensation from government.
1 However, when The Tribune
arrived on the scene Mr Ingra-
ham was in the process of walking

PRIME MINISTER Hubert Ingraham walks away trom Sea Hauler victims
and their representative Lincoln Bain on Christmas Eve, after the group
unsuccessfully sought a meeting wifh the nation's chief.

SEE page 13

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Green theme for

New Year's Day

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also on US



BAHAMIANS and visitors
attending this year's New Year's
Day junkanoo parade will be
treated to themes ranging from
environmental awareness to a
Viking invasion to the cultural
impact of American football.
The Valley Boys will enter-
tain junkanoo-goers on New
Year's Day with the theme:
"Earth, Wind, Fire and Water".
The group said that it hopes to
raise awareness about the envi-
ronment with this theme.
"The Bahamas, like most
nations of the world, must take
note of the environment. Our
very own survival will depend
on us developing a better under-
standing and appreciation for
the balance between the earth,
nature and the elements," the
group said.
The Valley Boys said they will
begin raising awareness for this
important issue by presenting a
creative depiction of nature and
the elements through costume
art, music and dance.
The Shell Saxons Super Stars
will hit Bay Street in the morn-
ing hours of New Year's Day
with the theme "The Vikings are
The group said that it intends
to show that the Vikings were
much more than marauders, and
were in fact traders, craftsmen,
explorers and settlers.
The group said that the theme
was a "no brainer" after it was
announced that Brian "Boldie"
Gibson had been inducted into
the Junkanoo Legends circle,
primarily for his participation in
the formation of the Mighty
Vikings Junkanoo Group.
The Roots group will come
out onto Bay Street celebrating
the theme: "NFL Football Live."
The group explained that it is
celebrating a phenomenon
which is traditionally a staple of
American culture, but which has
been fully embraced by Bahami-
"From Dolphins to Redskins
and Cowboys to the Raiders,
Bills and Patriots almost every
Bahamian has a team they love
and adore," the Roots group
The group's dancers will
depict players from all the big
The Prodigal Sons will join the
New Year's Day parade with the
theme: "A Journey to Freedom"
depicting the journey from the
abolition of Transatlantic Slave
Trade to freedom.
The New South Ocean Resort
Music Makers have chosen "A
time for everything under the
sun" as their theme.
The group said they will show
that there is a season for every-
thing: "a time to be born and to
die; a time to kill and a time to
heal; a time to break down and a
time to build up".
The New Year's Junkanoo
parade is named this year in hon-
our of the late Anthony "Tony"

0 EN

of 'IN1

Established in 1956 by an old Bahamian family
Parliament Street (near Bay St.) Tel: 322-8393 or 328-7157
Fax: 326-9953
Crystal Court at Atlantis, Paradise Island Tel: 363-4161/2
S Harbg .GreenShops at Lyford Cay
(next to Lyford Cay Real Estate) Tel: 362-5235
e-mail: infoilesofnassau.com P.O. Box N-121

-..--~ ---

L aignil a II.s

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8a 1:00 I MA W 7:00 NIA 10:00

P.S.ILOVEYOU T 1:05 3:30 N/A 6:05 8:20 10:40
CHARLIE WILSON C 1:10 3:35 IWA 6:10 8:35 10:45
WALK HARD C 130 NIA 4:30 7:30 WA 10:45
ALIN AND THE CHIPMUNKS B 1:15 3:45 WA 6:15 8:30 10:35
I AM LEGEND T 1:05 3:40 NIA 605 8:20 10:55
PERFECT HOLIDAY B 1:10 3:35 WA 6:10 8:35 1050
THE GOLDEN COMPASS B 1:00 3:25 WA 6:00 8:25 10:45
AWAKE T 1:15 3:40 NA 6:15 8:40 10:55
THIS CHRISTMAS T T100 3:30 A 6,00 8:25 10:50
HITMAN C 1:20 3,45 N/A 6:208:4010:55

ALVIN AND THE CHIPMUNKS B 1:00 3:30 WA 6:00 8:25 10:30
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PERFECTHOLIDAY B 1:10 3:40 WA 6:10 8:40 10:45
THISCHRISTMAS T 1:00 3:35 WA 6:00 8:25 10:45
EBICmHiED B 1:20 3:45 WA 6:05 8:30 10:35





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3 T S T

The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

LEONE. H. DUPUCH, Publisher/Elditor 1903-1914

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348

An accounting long overdue

INSTEAD OF rushing through and approv-
ing the millions oveispent by the PLP governI-
ment between July, 2006 and June 30,2007- as
that government exceeded its approved Budget
- the Ingraham government examined the
books of each agency to inform the Bahamian
people of how their money had been overspent
- and in many instances misspent.
Naturally the PLP objected to the proce-
dure, which took from October almost up to the
Christmas holidays. In that time the spending
and overspending of 22 government agencies
were scrutinised.
"In their political lust for discrediting my
administration, Hubert Ingraham and the FNM
have put their focus on petty politics and an
agenda of victimisation, intimidation and fear,"
said former prime minister Perry Christie as
he tried in vain to steer the focus away from his
government to the state of the economy.
Mr Christie pointed out that external
reserves and liquidity were "uncomfortably
low"; there was a slow down in bank lending
with bank commitment fees increasing thus
affecting "our construction industry and the
internal expansion of our economy."
Dr Bernard Nottage- referred to by many
as the prime minister-in-waiting- complained
that the debate was only being used to "scan-
dalise" and "brand" the former administration
as "incompetent, corrupt, lostand untrustwor-
"That is what they want the Bahamian peo-
ple to think about us, that all of us are cor-
rupt," he said.
What Dr Nottage failed to realise was that
unless the former government had left a paper
trail of incompetence and corruption in its
wake, there would have been nothing for the
Ingraham government to find to bring to par-
It is true the debate was long, but it was
longer than it should have been as the PLP
tried every ruse to turn the spotlight away from
themselves even interrupting proceeding by
bringing a no-confidence motion in House
Speaker Alvin Smith.
According to Mr Ingraham the PLP had
adopted a strategy of "obstruction and disrup-
tion" to delay the proceedings of both Houses
of Parliament as often as possible.
As Minister Zhivargo Laing said, "Those
who suggest that they are proud of what they
did, those who suggest they did nothing improp-
er, those who suggest that what they did was in
the interest of the people of the Bahamas ought
to have welcomed the process."
The debate might have been long, but in

our opinion it was essential. It might be a sober-
ing deterrent to future governments that might-
be tempted to play fast and easy with the peo-
ple's dollars. It might make the brash think
twice before boldly declaring as did MICAL
MP Alfred Gray that they would do it again
if given the chance.
Mr Gray. who headed Local Government,
overspent that department's -budget by--
$545,667, using the lion's share for his con-
stituency of MICAL just before the May 2007
He was accused in the House of "blatantly"
misusing government funds to benefit his con-
stituents with no regard for Bahamians in oth-
er constituencies. It was alleged that the depart-
ment's contingency allocation of $85,416 was
'almost entirely spent some $50.000- in
MICAL to hire persons just months before the
May 2 general election.
When questioned earlier by Mr Ingraham
on the spending of these funds, Mr Gray said he
got Cabinet approval to use these funds to
assist members who were being laid off by Mor-
ton Salt Company, which because of weather
conditions was going through a downturn in
However, contrary to Mr Gray's explana-
tion, the contingency request was granted in
February 2007 at least three months before
-' Morton Salt's industrial action. The contin-
. agency was used to hire 29 persons in Inagua,
eight persons in Acklins. six persons in Crooked
Island, 15 persons in Mayaguana (MICAL)
and three persons in Andros shortly before the
He denied this saying that he took nothing
for himself and as for the contingency fund,
he tabled a document showing that he had
spent money in other islands outside of his
He wanted all to know that he represented
four of the poorest islands in the Bahamas and
would always assist to "uplift" his constituents.
Sceptics would add: "Especially just before an
"If I had a chance, Mr Speaker, I will do it
again," shouted Mr Gray pointing his finger
defiantly at the Government.
Mr Gray might be bold, but it is doubtfuL.
that if given a second chance and knowing what
a strict accounting of his administration await-
ed him at the end of the day, he would be too
keen to give a second performance.
It was a long debate, but the exercise was
certainly worthwhile. An accounting to the
people of this country as to how their taxes
are being managed was long overdue.


Harcourt and)

the Freeport

Resort & Club

EDITOR, The Tribune.
MY WIFE and I first visited
Freeport, Grand Bahama
Island in 1973. We, and all
members of our family have
been vacationing there annu-
ally ever since and presently
own four weeks of timeshare
at the Freeport Resort & Club
The Resort's proximity to
the adjacent Princess and
Royal Oasis facilities added
much enjoyment to our visits,
and the negotiated agree-
ments providing access and

Graffiti at


Art Gallery
EDITOR, The Tribune.
THANK you for editorializ-
ing the point of what to the
casual appearance is graffiti at
the National Art Gallery, West
Hill Street as there is simply no
identification that it was a so-
called "artistic expression"
approved and sanctioned by the
National Gallery.
At the least there should be
some signage which will explain
what is the exercise, however,
surely it would have been far
better if the Gallery would have
simply provided sheets of ply-
wood, erected them inside the
grounds of the gallery on a tem-
porary basis and did the same
The outward total appear-
ance of what is"ipw painted on
the outside boundary walls is
graffiti and only graffiti and is
ugly and sends such a negative
expression and questions the
rationality of the thinking of the
National Gallery Directorate.
Appearances mean every-
thing in the surroundings of
the dilapidated state of disre-
pair in so many once majestic
buildings along West Hill Street
this exercise certainly was ill-
thought out.
To the Director of Physical
Planning how is it that the old
Sister's of Charity Convent site
temniiris in such disrepair and
A further sign of our total
lack of appreciation of our
National Heritage.
December 14, 2007.

use of the resorts' facilities at
affordable prices were impor-
tant considerations in vaca-
tioning on the island.
We understand that Royal
Oasis has recently conveyed
its assets to Harcourt, a for-
eign company based in
Dublin, Ireland.
We were delighted at the
news and are hopeful they will
repair and reopen the resort's
facilities, thus providing anoth-
er major attraction on the
island and employment oppor-
tuiiities for local residents.
We were very unhappy to
also hear that Harcourt has
taken the position that they
are under no obligations to
honour any prior agreements
between the former owners of
the resort and the Freeport
Resort & Club.
Specifically, I am referring
(1) reopening the pathway
between the two properties,
(2) resuming golf privileges
to FR&C owners at a prefer-
ential rate and (3) rebuilding
the Bahamia Beach Club.

These are amenities that go '/
back many years which bene- ,
fited not only owners of the
FR&C but contributed to the .
economic well being of the .
island. -
Because of these benefits ;
many visitors to the FR&C "'
returned frequently, many
became owners and most
important to the island, "spent ^
It would be very short sight-
ed of Harcourt to ignore the
importance of these benefits
to FR&C owners and visitors 'i
to the resort.
The costs involved are ;
insignificant, the benefits long
term, and mutually beneficial. ,
We would appreciate you ,,
.using any influence you have n
with Harcourt personnel to '1
restore the identified ameni-
ties. 6
Our request is a win-win :h
opportunity for the residents 7
of Grand Bahama Island, Har- '
court, and present and future .
property owners at the ,,
Freeport Resort and Club. j

33 Macculloch Avenue
Morristown, N J 07960
December 7, 2007.

Five o'clock traffic

on the Eastern Road"

EDITOR, The Tribune. i
HERE'S my five cents on 5 o'clock traffic on the Eastern "l
Road. Thankfully, I do not live there but I had the misfortune _
of having to sit in that traffic one day last week.
While sitting there I noticed that much of the delay arose from .
people from the west attempting to turn into Johnson Road. My I
suggestion is that government acquire 10 or 15' of property ,
from the large estates on the north side of Eastern Road from ,n
Johnson Road West up to and including the former Lady -1
Roberts property. nl
Use that excess width (some 750') to create a turning lane
from the west to Johnson Road. Install a traffic light at the
Johnson Road intersection which light does not impede the
standard flow of traffic from the west continuing east but is used
to stop traffic from the east going west to allow traffic from the
west to turn into Johnson Road.
See Google Earth overview of the area.
While I am sure the people owning the properties which
Government would acquire would not agree, the reality is that
this portion of their properties is not of any real significance to
the value of their overall property and the reduction in the
delays in the evening can only increase those values.
I am, of course, proposing that they be duly compensated for
their loss in the usual manner.
That's my five cents.

To our valued clientele we wish
you a very safe and Blessed
Christmas and a Happy New Year



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December, 2007.



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0 In brief

Cuban crude oil
production to
top 20 million
barrels in 2007
CUBA will produce more
than 20 million barrels of
crude oil and 1.2 billion
cubic meters (42.4 billion
cubic feet) of natural gas
this year, enough to meet
almost half the island's fuel
needs, state media reported
Wednesday, according to
Associated Press.
Vice President Carlos
Lage said Cuba's total ener-
gy production exceeds the
equivalent of 28 million
barrels of oil, an achieve-
ment Cuba has not made
since 2003, according to
front-page stories in the
Communist Party daily
Granma and the youth
newspaper Juventud
The stories quoted Lage,
who is Cuba's de facto
prime minister and leads
the Council of Ministers, as
saying crude oil production
for 2007 will exceed 20.3
million barrels by Dec. 31
and that natural gas totals
will be 1.215 billion cubic
meters (43 billion cubic
Visiting the oil-producing
city of Cardenas on Tues-
day, Lage said those figures
represent 47 percent of the
island's fuel needs, and that
the natural gas recovered
while extracting crude now
provides 15 percent of elec-
tricity used nationwide.
Cuba drilled 32 new wells
this year, he said, an explo-
ration effort that has
expanded due to rising
world oil prices and a taper-
ing off of production at
existing Cuban wells.
Cuba's Gulf of Mexico
waters could contain large
quantities of crude,
although earlier explo-
rations have turned up only
modest discoveries, oil ana-
lysts say. The communist
government has said it will
soon begin exploration
within deeper Cuban waters
farther off the coast,
although it has not
announced a date.
The island produces
75,000 barrels of oil a day,
and imports much of the
rest on discounted terms
from Venezuela, which has
become Cuba's chief eco-
nomic benefactor following
the Soviet Union's collapse
in the early 1990s.

Fe leSFn gicide,

Entrepreneur plans to

invest in Great Inagua

Island seeks

to capitalise

on wildlife


A LEADING entrepreneur
from Alaska is planning to
invest in Great Inagua as the
island seeks to capitalise on its
unparalleled wildlife attrac-
Mr Patrick Wilson, who man-
ages the largest fish factory in
Petersburg, Alaska, says he
wishes to invest in Inagua's hos-
pitality industry because of the
island's "unique" bird and ani-
mal populations.
Apart from its famous
flamingo flock, Inagua has
more than 135 bird species,
including humming birds and
Bahama parrots.
It is also home to the world's
smallest lizard the spaheroda-
cytlus and an indigenous turtle
called the Inagua Slider.
Mr Wilson, a regular visitor
for 30 years, regards Inagua as
one of the world's most pris-
tine natural environments. He
believes it has the most diverse
variety of wild animals cows,
cats, goats, donkeys and hogs -

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in the Bahamas, with marine
life to match the best.
"I love the Inaguas more
than any other destination I've
visited in the world," said Mr
Wilson, who hosted 11 foreign
guests over Christmas on the
island. "In the very near future
I intend to invest in the hospi-
tality industry on Great
Chief councillor Ronald Lee
Roker has presented Mr Wil-
son with a special plaque to
mark his loyalty and commit-
ment to Inagua's future.
Mr Roker said Mr Wilson,
who had persuaded more than
100 friends to make Inagua

Man charged in

connection with

stabbing death
A 28-YEAR-OLD Exuma man was arraigned in Magistrate's
Court on Monday, charged in connection with the stabbing
death of a man on that island last week.
Bernard Pratt, who is represented by lawyer Langton Hilton,
was arraigned before Chief Magistrate Roger Gomez at Court
One, Bank Lane, on Monday charged with the murder of Miller
Michel, 25.
According to reports, Michel was stabbed in the chest during
a fight at the local Fish Fry on Thursday, December 20. Michel
reportedly died at the George Town clinic a short time later.
Michel's death was the first murder recorded on Exuma for
the year, and the 76th recorded in The Bahamas for 2007. Pratt
was not required to plead to the murder charge and has been
remanded to Her Majesty's Prison. The case has been adjourned
to January 18, 2008 and transferred to court 11 Nassau Street.

Much of today's furniture is not
solid wood. Instead it is made up
of materials such as particleboard,
MDF (medium density fiberboard),
and other processed woods.

Furniture made with pretend wood
is already finished in order to hide
craftsmanship and/or wood flaws.
It can never be refinished or
repaired and buckles when exposed
to small amounts of water. These
characteristics make it a poor value.

We chose

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today can be used for a lifetime.



Real Wood furniture is shock-
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generally outlasting synthetic

Ready-to-finish furniture gives
you a wide ranrie of option; to
mieel all eour iur niure needs
Don't settle Ior particleboard or
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limited only by your imagination

their first-choice destination,
was the kind of returning visitor
who spend most money in the
"We are pleased to have him
visiting us here every year, and
in the very near future we hope
he will become a permanent
Bahamian resident," he said.
Captain Stephen Fawkes,
who was agent for a small
cruise ship which called into
Inagua last week, now hopes
the island will play an increas-
ingly important role in tourism.
He believes more small "high
end" cruises can be lured to
Inagua by its special wildlife
attractions and snorkelling
and diving conditions to match
the best.
Captain Fawkes said Inagua
was specially noted for its
colourful coral reefs and the
sheer variety of its fish, includ-
ing Nassau grouper, large man-
tas and spotted eagle rays.
Even Inagua's famous salt
pans are being included in the
island's cruise itinerary, with
passengers being told of salt's
importance as the mainstay of
the local economy.

TWO hundred and two Haitian migrants attempting to enter the
US illegally were on Monday sent back to their homeland by the
Coast Guard.
The 202 were part of a boatload of 227 located aboard a grossly
overloaded 40-foot sail freighter about 33 miles south of Inagua on
Coast Guard officials from the Vigilant immediately launched
their small boat and began taking the migrants off the dangerous
But officials say 25 of the 227 migrants were unco-operative and
refused to disembark the sail freighter, and the crew of the Vigilant
determined it was best to allow the sail freighter to beach itself on
Isle de Tortue, Haiti.
The migrants were provided with food, water, shelter and
necessary medical attention before being returned to Port-au-

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PAGE 6, I '

EXE; Ci i

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Murder accused admitted

role in deaths inmate

iltmlle Staff Reporter
,!!, n ', lr ihtlu l nieclia inet

I 111;iii l. II :i;l< cl h im ed that
A. I i ltn 'll ciiiutl .'l w ith
m ,*i, >l oI l ( o lr people
ii, 11 I ,1 l il ". c h I l
1 1i 11 '. i iin i ict ii h'ssed to him that
n, i'l.\ l ;i i ol in IItheir shool-
.. .I t .
I Ii. Im aile. nllegcIdlv old
iIi i i;l s l tli h l defendant
,i ,11, /: ii ;ilno o ;(ld lltted
i. i, I sii io ll ie tw o
I 1 ; I, o ls'i ini adiacent
I i Mii nii I edc al
i, ,imn ( i n l' lil his co-
l ,,. l 1 I o';lll \ i clhcl, shot
I i l1l l l ce lI I -;l captaill,
S ii,, i Ins h\i :\nl i ttllwv crew
.. .. *. i in S _l'|I C IIII',L'I
I 1 inloiirmi nt allc td that
nI dh,'cibidL tlie motive
r I ; I I li 1 is iie fact that
i. . ',, e i!he

two men to Cuba, instead of
their originally intended desti-
nation of Bimini.
These new details came to
light as a document summarising
the informant's statements filed
by federal prosecutors was
ordered unsealed Wednesday
by US District Judge Paul Huck.
According to the Associated
Press, the court papers state that
the inmate identified only as
CSI told an investigator that
Zarabozo admitted to throwing
the bodies of Captain Jake
Branam, 27; wife Kelley
Branam, 30; his half-brother
Scott Gamble, 30; and crew
member Samuel Kairy, 27, all
of Miami Beach, in the ocean
and cleaning up the boat.
The two men had previously
admitted to chartering the boat
- "Joe Cool" for $4,000 to
take them to Bimini on Sep-
tember 22. According to court

papers, the inmate told the
investigator that Archer, a rob-
bery fugitive from Arkansas -
where he had been charged with
stealing more than $92,000 from
a Wal-Mart wanted to go to
Cuba because it has no extradi-
tion treaty with the US.
Mr Archer and Mr Zarabozo
were discovered on a life-raft in
late September, and the "Joe
Cool" was found adrift 30 miles
off the coast of Cuba.
Zarabozo, 20, and Archer, 36,
could face the death penalty if
convicted of federal charges,
including murder, kidnapping
and seizing control of a ship by
They have pleaded not guilty
and have claimed that the four
people were killed by Cuban
pirates who attacked the boat
at sea.

I(, 11 men in court charged with store robbery

i' 'nii \\ c 11 nirigned in Magistrate's
in 1nNlJ\h chin, gd with robbing a local
i ,I.tl, ol $2.2,0)1) in cash and cheques.
I11 I mnkcir. 3. aind Kenneth Sands. 27, of St
ni Io,;itl \\d e' 11 iiigincd before Magistrate
i tin 1 :.IIh'l in 'imitI Eight, Bank Lane. on

S I 1 Ih;ll ic t\ \o men on Saturday.
S ai,11 Siiidav. I)ecember 16. con-
111 '.. unnI tie tIfeCics of armed robbery.
i i, n IOl.I'ckIt's furthe allege that the men on
'.ii I\. I .lLceilbcr 16. while armed with a hand-
I .I ,tiiin i bbed B3 ent Higgs of $14,000
I ; I I 'S IIl) in cheques, totalling $22,000 the


property of City Market Foodstore located on
East Street South.
The men were not required to plead to the
charges. The prosecution indicated to the court on
Monday that it intends to proceed in the mat-
ters by way a Voluntary Bill of Indictment.
The case was adjourned to January 17, 2008.
Sands was also arraigned yesterday on the
charges of possession of an unlicensed shotgun
and possession of a shortened firearm.
Sands pleaded guilty to the charges and was
sentenced to 30 months in prison and fined $5,000.
Failure to pay the fine will result in an addition-
al year in prison.


..... ,,oKII~


S %1 .ii,


TWO men were arraigned
in Magistrate's Court on Mon-
day in connection with a shoot-
out at a local bank last week.
Raymond Bastian, 32 and
Moses Othneil Green, 23,
were arraigned before magis-
trate Carolita Bethel at court
eight Bank Lane on robbery
and weapons charges.
According to court dockets,
the two men on Friday.
December 21, being concerned
together while armed with i.
handgun attempted to rob
Andrew Knowles an employ-
ee of Armored Car Services.
Court dockets.also allege that
the two men had conspired to
rob an armored truck which
was in the vicinity of the Roy-
al Bank of Canada, Prince
Charles Drive.
The men have also been
accused of possession of a
firearm with intent to endanger
life. According to court dockets
the men were allegedly found
in possession of a Glock 17
with its serial number erased.
They were accused of intend-
ing to endanger the lives of
three police officers as well as
three civilians.
Court dockets also claimed
that the two men caused $3,000
in damages to a 2002 Kia Spec-
tra registered to Denise Mox-
ey, $2,000 damage to a 1996
Mercedes Benz registered to
Jennifer Johnson and $5,000 in
damages to a 1995 Toyota
Tercell registered to Victoria
Armbrister. The two men
were also charged with posses-
sion of a Glock 9 mm pistol
and possession of 22 live
rounds of .9 mm ammunition.
The men were not required
to plead to the charges. The
prosecution indicated to the
court on Monday that it
intends to proceed with the
matters by way of a Voluntary
Bill of Indictment which means
that the matters will go direct-
ly to the Supreme Court. Due
to the nature of the offences
the men were not granted bail
and their case has been
adjourned to January 31.



4 .., i






DECEMBER 2007 '.'

K2700 K3000







n 81vd Oaks Field

11/4 TON ai /I TI







" -C

It TWW*WVw I -


Infrastructure issues

on New Providence



DURING the thirty-five
years during which I have
; been familiar with Nassau and
New Providence I have
i watched it grow.
There have been very many
Outstanding improvements
I, and developments. There are
also aspects of the island's
Si development that have fallen
extremely far behind others.
j The one I wish to highlight in
this column is infrastructure.
S One does not have to be a
Physical planner or logistics
engineer to list the areas of
a the island's infrastructure
L which have not kept pace with
7 the impressive development
.1 of our capital city and its
home island over the last three
1 decades, so I will list the more
obvious ones.
Telecommunications: The
i limited choices and the high
t cost is known to most. We are
Sone of the very few countries
left where there is no compe-
c tition and an open market.
SThe solution is relatively sim-
f pie. Sell the phone company
and put an end to the monop-
I oly in a short periodof time.
r Roads: Those who have to
travel from west to east or east
t to west each day can attest to
the need for some sort of free-
way across the island. The
t solution to this problems is
Much more difficult. For the
Solution here you definitely
i need expert planners. How-
Sever difficult the solution may
be, it must be sought, because
Sthe problem will only get
Ports: Happily the airport
project is underway. The sea-
ports are another matter. Both
S.. international terminal and
the domesticc terminal.cannot
L remain downtown except at


great cost to the future devel-
opment of the city, its resi-
dents and tourism. The solu-
tion is simply to relocate the
ports and create the condi-
tions for an urban renaissance.
Electricity: We all know it is
expensive and the service
needs to be improved. The
solution is to privatize and
decentralize. I have said
before that there is no longer
a social justification for having
the same costs throughout the
The quality of life on most
out islands is superior in real
terms, less crime and pollu-

tion, more peace of mind. A
possibly higher cost of elec-
tricity is a small price to pay
for these.
Maybe our new year's res-
olution should be to try to get
our infrastructure to catch up
with the great strides that we
have made in recent decades.

CONCERNED conservationists are hoping to make a con-
certed effort in the new year to save Abaco's 18th century
Remains of stone houses some of them plantation homes -
are scattered across the island. But many are being plundered for
their stone fireplaces and rock fences, while others are under
threat from development projects.
An island source told The Tribune: "Some of these buildings
go back to the 1700s and people here are becoming worried that
.our heritage is being lost. A group is getting together in an
effort to save what we have left."
Among recent finds are a lime kiln where "mortar" was pre-
pared for stone-building.
Abaco was a loyalist settlement after the American War of
Independence in the 1770s. Though many old wooden colonial
homes fell into disrepair and were unsalvageable, the shells of
stone-built homes have remained intact.
AN island newspaper launched as a 12-page monthly 14
years ago has just recorded its biggest-ever edition.
The Abaconian's Christmas number ran to three sections
with 80 pages. "We just keep growing." said Mrs Kathy Ralph,
who runs the now twice-monthly paper with her husband, Dave.
"Our paper has grown with Abaco, but we like to think we
have helped Abaco to grow, too," she added.
The Abaconian was launched in 1993. Mr and Mrs Ralph, both
now in their seventies, are looking for a buyer who can take the
paper on to even greater success.


... .. -. .

TheC 2[ -7I

C-Crass is a 4-dcoor,

NMerced es-Be n




5 cs-nIrIge ir luixrt y

sedan filled with elegance.The powerful

C-Class is a prestigious high perrormancer

Vchiclc 1.haits 'stylish, co.mror albi nr

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Tel: 35-4961l Fiax: 323-4i67 *WilfT fRoad



Non-Stop Extravaganza at SuperClubs Breezes Bahamas December 31, 2007

-A' ;K
* *'i.

Mid Afternoon Gift fest
All guests will receive a gift bag,
to include traditional
New Years Eve paraphernalia.
This will allow guests to prepare for an evening of
exiting festivities. Dress to impress.

Martini Splash
Get the evening started with some of our world
famous Martini's in the Piano Bar

New Years Fab Fare
At 6:00PM Breezes Bahamas presents Three (3)
fabulous dining options;

Main Dinng Promenade
Featuring a Succulent Lobster Buffet,
Long Island Grilled Lamb Chops,
Fresh Gulf Shrimp on Ice and Roast Beef Tenderloins,
with an array of Fresh Salads,
International Cheeses, Tropical Fruits and Desserts
Created by our Award
Winning Pastry Chefs

Goaden of Eden
Experience the cuisine of "Mother Earth".
Fresh Seafood and Steaks all prepared by a team
of culinary professionals,

Elegant Dining, Featuring the best of
our Italian Cuisine

Spits awa cen
Join us at 6:00P for "Bubbles and Laughter"
At four Bars locations thought out the resort, as we
begin our New Years Toasting

"A Night of Cbapet Show"
Join with us as we feature some of Nassau's
Legendary Entertainers.
Lobby lounge area.

11:30pm, Come Dine Wid We "Bahamian Style"
at the Mid-Night Buffet
Serving Mama's Stew Fish and Chicken Souse.

11:40PM Junkanoo Rush-out while
Father Time moves on.

After midnight its time for
"Junkanoo in Nassau" Head into town,
for what can only be described,
as the ultimate cultural experience.

^8saa~~~a rz /
^'' irf< ^


| Bf -,;;-


,,, ,,;. ,. .

i ,
-i' -
"s- .'*

-'-.7 ~~E

N *"


The Hawksbill Creek Agreement must be revoked

* By Jeffrey R Davis

THE Bahamas govern-
ment must move swift-
ly to revoke the
Hawksbill Creek Agreement,
which was recently extended.
To stand by any longer and
allow other foreign corporate enti-
ties to buy the Grand Bahama
Port Authority Group would be
a slap in the face for natural jus-
tice, sovereign integrity and a dis-
appointment to generations to
There are enough educated,
visionary, innovative and experi-
enced nationalists who can man-
age this simple business of the
municipal management in Grand
Bahama, even if it means moving
the capital or seat of government
to Grand Bahama,.
As naturally as the sun shines
now is the time to allow the
Bahamas to become "one" again.
The role, scope, and purpose of
the Grand Bahama Port Authori-
ty group of companies should be
bought by the people of the
Bahamas, represented by our
elected officials and reposed under
the our regular constituted cen-
tral government.
The responsibility of national
government and local government
could be demonstrated in Grand
Bahama, and meaningful legal
economic, social and civil maturi-

ty would take place very naturally.
The central government agen-
cies must regulate private sector
policies and investors must operate
legally or local citizens will suffer
from neglect as in the case of
Driftwood, and the hotel workers
of Freeport, if hotel owners could
get away from paying National
Insurance or severance pay etc.
Superficial "One Bahamas" cer-
emonial concepts and s .sonal cel-
ebrations like Junkanoo would
mean more if we owned and man-
aged the resources in a more
humane, efficient, creative and
accountable manner.
It seems we are running the risk
of allowing the aggregate influ-
ence of millionaires to possibly
have more influence in our affairs
and future than they should, all in
the name of "anchor properties".
Capitalists are not always con-
cerned with morality, social con-
science, environmental safety, or
civility, not to mention ethnic har-
mony, and goodwill. How else
would slavery have flourished for
so long if men did not look the
other way as their pockets were

being filled? One look at the inter-
national greed and corruption of
big companies such as Enron and
other unethical scams that
enriched the "already rich" men,
but sometimes landed them in jail,
should alert us to divest the Port
Authority of Freeport. We must
get serious with governance and
accountability and not just about
pomp, pageantry and chauvinism
to party politics.
We must listen to a greater
diversity of Bahamian ideas,
dreams, desires and concerns or
the turnstile will continue in par-
liament, sending FNM or PLP as
the majority.
Restoring and regulating the
anomaly that created Freeport
must be a high priority at this point
in time. It was the grace of God,
and a stroke of genius demon-
strated by the'UBP, that created
Freeport in the first place.
Freeport Local Government,
and our central government, can
administrate Freeport as a duty-
free port and continue to allow
the private industries to operate
under our national business laws


like any place in the Bahamas.
Instead of restoring Freeport, and
getting ahead with important cap-
ilil works, the PLP was too busy
with propaganda exercises and
advocacy of CSME. The former
government saw a priority in nam-
ing a street after "Rusty" Bethel,
revamping the ZNS logo, and
throwing big parties. This, of
course, after taking Sir Stafford
Sands off the ten dollar bill, then
campaigned with "no turning
A couple of black, white, mulat-
to and 'conky joe" Bahamians,
could easily do an excellent job
running the business of the port.
We have far greater pool of talent
than the selected perennial few
that are appointed to high office in
the government ministries and
other private industries. I know
this full well because I have given
30 years of my life as a high school
teacher to prepare the nation for
future legacy leadership and via-
There are any number of for-
eign elite "Boogey Man" that
some politicians will gladly "shuf-
fle for" but at election time the
white Bahamians are vilified dead
or alive and earmarked for suspi-
cion, derision, scorn and historic
un-forgiveness to polarise fnd set
back our nation.
There is too much bragging
about this off-shore economy. The
culture of crime and a slow manip-

"Restoring and regulating the

anomaly that created Freeport

must be a high priority at this


ulated judicial system is strangling
the health of society. We must
watch the whole scale real estate
and investment leverage of the
elite foreign minority as they vie to
intimidate and manipulate our
local community.
The future economic develop-
ment of the Bahamas will be very
different from the past half centu-
ry. Our commercial and industrial
engines should be more viable and
diversified, especially in the north
and central Bahamas.
The role, scope and purpose of
public and private agencies is gen-
erally understood by the average
Bahamian throughout the
Bahamas. If this premise is cor-
rect then the level of disappoint-
ment and frustration being expe-
rienced by informed, creative
thinkers in our community is very
high throughout the archipelago.
For instance, the ongoing fiasco
in Freeport at the Grand Bahama
Port Authority is strangling Iti:
potential of the community to
transition as a sound, safe place

to live and work. In the wake of
the disruption caused by three
major hurricanes and other social
challenges, Grand Bahamians
have demonstrated strength,
integrity and hope.
At this point in history we must
deregulate and disband the Grand
Bahama Port Authority. The role,
scope, and purpose of this entity
should be rightfully bought out
settling the dispute between the
The majority of people who live
and work in Grand Bahama have
been exposed to some degree to
more complex economic and
industrial development than other
sectors of the Bahamas.
The future executive adminis-
tration and regulatory function
and development of Freeport
should not be left in the hands of
foreign corporations. We must
ensure strategic national planning
throughout the commonwealth
'ind we must have a productive,
accountable work force.
The present turmoil and chaos
in the Freeport Port Authority
organisation, and agencies, have
produced a maximum opportuni-
ty for the official government of
The Bahamas and the people to
buy the shares and assets of the
feuding parties and restore decen-
cy. accountability and fair play to
an important Bahamian legacy.
One exciting idea talked about
for many years is the connection of
Grand Bahama and Great Aba-
co, via a bridge at the east end of
Grand Bahama, at their nearest
points. These two islands would
have dramatic economic and social
growth. Better docks and airports
in the north will increase com-
mercial and community develop-
ment in this area.
In recent years two proposals to
construct pipelines to export liquid
natural gas from Bimini and
Freeport to Florida have been
delayed, deferred and placed on
the backburner.
Also placed on hold was an oil
deal proposed by the government
of Venezuela. If these proposals
become reality our economic via-
bility will increase and the regula-
tory agencies will also expand, cre-
ating new jobs.
Today our economy has five
main pillars or sectors, including
tourism, fisheries, financial ser-
vices, agriculture and light manu-
The valiant effort of. the
Bahamas government and Sun
International, and Kerzner Inter-
national. produced a magnificent
investment called Atlantis. where
8.t)O0 Bahamians are employed.
This hotel and casino resort prop-
ertv is the envy of all the
Caribbean. Before the amazing
development of Freeport, over the
past 50 years the Bahamian econ-
omy was predictably sluggish.
Together we should "borrow the
money" and buy the assets of the
port. and move on to our mani-
fest destiny and become a repub-



id -



-; i I


r i

MEN'S SHAVERS....... $105.00





Family of murdered

man call for police

to reopen inquiries

A DESPERATE family is
appealing for police to reopen
inquiries into the murder of
popular Abaconian Lucien
Stratton seven years ago.
Grandchildren of the well-
known Marsh Harbour busi-
nessman say police should
"dust off the files" and renew
their bid to find the killer.
Mr Stratton was "shocking-
ly and gruesomely" murdered
his family's words at his
home by an unknown intruder
Son December 18. 2000.
"Along with this wickedness.
his two daughters were bru-
tally abused," the family says
in a full-page advertisement in
the island newspaper, The
"Various letters to prime
ministers, the commissioner
of police and US ambassasors
have found no relief in an
attempt to keep this investi-
gation alive.
"The ongoing uncertainty
and lack of closure in the
investigation, and psychologi-
cal impact of the event, has
played its part in forever

Grandchildren of
businessman say police
should 'dust off files'

changing the fabric of our
family." the advertisement
"Countless letters received
after this incident described
our grandfather as a kind and
gentle man, a man whose
mark will always be etched in
the developmental history of
this island."
Mr Stratton's killing
brought to an end a year of
tragedy for his family. His son
Van and wife Phemie died
earlier in the same year, and
Mr Stratton was just begin-
ning to find a "spring in his
step" when he was killed.
Remembering Mr Stratton
as a moral compass and friend,
as well as a man of integrity,
his family have urged police
to "re-energise" their inquiries

Unidentified insects

strike on Long Island
UNIDENTIFIED flying insects are making life a misery for
residents of southern Long Island.
They are mixing with the mosquito population to terrorise
"They get in our hair, up our noses, and no-one seems to know
what they are," a resident told The Tribune. "They are gather-
ing in clusters under the boxing around our homes."
The Environmental Health department in Nassau has been
notified of the problem.
Residents say no amount of spraying seems to deter the fly-
ing invaders.
Island MP Larry Cartwright is also being alerted to see if
the problem can be solved.

to get to the bottom of the
Mr Stratton's is not the only
high-profile murder to remain
unsolved as 2008 approaches.
Just before Christmas last
year, well-known Nassau res-
ident Jay Damianos was mur-
dered on Paradise Island.
Police have never caught the
In November, bag designer
Harl Taylor and College of
the Bahamas lecturer Dr
Thaddeus McDonald were
brutally murdered within a
few hours of each other.
Police have yet to make an
The Stratton family has
summed up the emotional
impact of such killings by
describing their grandfather
as "a man we miss every day,
and whose shoes we would
find most difficult to fill."
Mr Stratton was hog-tied
and choked when a black
intruder with a foreign accent
and wearing a stocking cap
entered his waterfront home.
Yesterday, an Abaco source
said the family was particular-
ly upset because police had
told them the case was closed.
"Lucien Stratton was very
highly thought of in Abaco.
He was a very upright person,
a town leader who was also a
prominent figure in a respect-
ed brethren church, the Bible
Truth Hall.
"His death was deeply
shocking to everyone on the


a~' d

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Bank of The Bahamas



The Annual General




Shareholders of BANK



LIMITED will be held on

Friday, January


2008 at

6:00 p.m. in the Wedgwood

Room of the British Colonial

Hilton Hotel, Bay Street,

Nassau, Bahamas.

Laura A. Williams
Corporate Secretary
December 14, 2007








Nobody, Nobody, Nobody, Nobody Sells For Less...Nobody!!!


Just Like last year, we will lose plenty of money on this Sale!
But, we still think that this is the best way of saying thank to all of our loyal and supportive customers!
May 2008 be the best year for all of us, together
From the bottom of all our hearts here at Robin Hood we say thank you and may God Bless all of you
50% discount based on original retail price Only merchandise in stock can be sold (no orders) Delivery not included
All merchandise sold "as is" and "where Is" Management reserves the right to refuse any offer or sale






have a

With a passion to help children smile and a selfless determi-
nation to give back to the future of the nation, Gerny Kids
Charities hosted its 40th annual Christmas party on Wednesday,
December 19, when 450 youngsters and their caretakers were
the guests of honour.
Gerry Simons started the venture some 40 years ago and
said, "Initially, I just wanted to help kids." Now an incorporat-
ed organization with several officers, Gerry has established a
scholarship fund to continue his legacy of extending a hand to
the children of The Bahamas.
Glen Pratt, co-founder, Secretary, VP Marketing & Fundrais-
ing for Gerry's Kids Charities added, "My mission was to col-
laborate with Gerry to pass on the legacy of helping those in
need, so that it will extend long after he has passed on." He
added that the children look forward to this event, and said it is
his desire to see Gerry's Kids Charities become a model to
encourage other
organizations, cor-
porations and indi-
viduals to create
unique ways to
give back to the
young people in
n f The Bahamas.
Emphasizing the
importance of giv-
ing back during
the Christmas sea-
son and through-
out the year, Ger-
ry commented, "I
would like this
organization to be
considered a "Red
Cross," providing
comfort to people,
meeting their
needs, enriching
the Bahamian
through every
effort. "
He added that
he has received
tremendous sup.-
port from leading
SANTA arrives at Gerry's Kids Christmas Party to individuals in poli-
surprise the children with gifts at Cable Beach tics and business
Resorts on Wednesday, December 19. throughout The
Bahamas, and
thanked those at
BahaMar who donated the venue, toys, food, drinks and myr-
iads of desserts and treats for the children to enjoy.
Lawyer Algernon Allen was this year's keynote speaker, and
entertainers for the celebration included Count Bernadino and
the band TaDa, singers from the British Colonial and fire
dancers who interacted with the children. Activities during the
event included face painting, and sing-a-long games.
The Achievers Association of Junior Achievers served as
hosts and hostesses serving the children and coordinating the
event. Public Relations Director, Shanae Strachan, explained
that they have been assisting with this event for about seven
years. "Our company chose to assist Gerry because he is a
wonderful man who loves children as we do. Our favourite
memory each year is having seen the kids smile this encourages
us to take time out of our busy schedule to give pleasure to the
lives of our children."
Simons said that he is pleased with the turnout as more and
more children attend each year. He added, "From January
they ask me about the party in December this brings a feeling
of excitement and satisfaction, just knowing that they are look-
ing forward to the event," he said.

GLEN PRATT, co-founder, Gerry's Kids Charities Inc., Leah Davis, Direc-
tor of Community Relations; Baha Mar Resorts Ltd., Gerry Simons,
founder, Gerry's Kids Charities Inc., Robert Sands, Sr VP, Government and
External Affairs Baha Mar Resorts Ltd., Yolanda Pawar, Michael Pintard,
all smiles at the Gerry's Kids Christmas Party celebrating at Cable Beach
resorts with the underprivileged children from various children's homes.

LAWYER Alyernon Allen presents a personal cheque of $1,500 to the
Gei ., Kids Foundation on behalf of himself and his wife, Mrs Anita
Aol!n, at the Christmas party. Pictured from left: Glen Pratt, co-founder,
Algernon Allen and Gerry Simons, founder.

I PHOTOS: Donald Knowles


PR DIRECTOR of Achievers Association of Junior Acnleveis. Slhadnae tracnan smiles as the children enjoy
the music at Gerry's Christmas Party, held at Baha Mar on Wednesday, December 19.

Sandals Resorts
eliminates recently
announced energy
surcharge policy

AFTER careful consideration
and effective immediately, San-
dals Resorts will eliminate its
recent energy surcharge.
"No one disputes the very
real challenge of meeting esca-
lating energy costs," says Gor-
don "Butch" Stewart, chairman
of Sandals Resorts, "but we
respect and highly value the
opinion of our travel partners
who are on the consumer front
"We always want to do what
is in their best interest and
therefore after much discussion
with them, we feel that now is
not the time to enact this new
According to Mr Stewart,
Sandals Resorts will rely further
on its award-winning and ongo-
ing sustainable tourism efforts to
reduce energy use across all of
its resorts.
"Our organisation is extreme-
ly proud of the level of its envi-
ronmental commitment
throughout the Caribbean," said
Mr Stewart.
All Sandals Resorts and
Beach Resorts are Green Globe
Certified by the Caribbean
Alliance for Sustainable
Tourism (CAST) and continue
to garner international acco-
lades, including having several
resorts honoured with The
Green Hotel of the Year Award
at the annual American Express
Caribbean Environmental
Awards. Most recently, Sandals
Resorts was also recognized by
Cond6 Nast Traveler in the
magazine's first World Savers




EST 1941

.) I k I 1 1 ,I \ \ It i : 't, 0 !!' '"


p -




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The warmth of the season
shone through literally when
City Market donated 30 blan-
kets for the ill, needy and shut-
ins. The donation was made to
the St. Agnes Anglican Church
Women, a service group that
has been giving out love pack-
ages for 30 years of its 48-year
existence. This year, some 120
persons near the church at Blue
Hill Road and Cockburn Street
are receiving packages and

when St. Agnes women asked
the leading grocer to make the
blankets available at cost, City
Market answered with better
news they'd donate them. Pic-
tured at City Market, Village
Road, Cheryl Wallace, store
office associate, Veronica Coop-
er, President of St. Agnes
Anglican Church Women's
Organisation and Ken Ewing,
Assistant Manager, Village
Road store.




Executive Motors Ltd. & Quality Auto Sales Ltd.
will close at 1 pm on Monday, December 24
and re-open on Thursday, December 27, 2007.

We w(

THE BAHAMAS ASSOCIATION for the Physically Disabled had their
annual Christmas party again this year.ln attendance were Santa and
members of the Rotary Club of East Nassau who were treated to a
Christmas nativity play and singing by children who attend BAPD. San-
ta then give out presents to the children.

We will close at 1 pm on Monday, December 31
and re-open on Wednesday, January 2, 2008

would like to thank all our valued customers for their patronage
g the year. We look forward to your continued friendship and
pport in 2008 and wish everyone a safe and happy holiday.


SEXECI UTIVE Ic,, I ,, r .
IMOTORS LTD e=: 397-17(00 '
P [:lUTIORI[ [I ADAIII llTSU I mail o c r n.m'.... ,v'a Incin i.
nd Torttt 1i1 \ I t R I'ai i n a lrvlt euLrU .ira11 S
IFl i 'IIIf ..'fl '!i/ /ia l!s iF'>psftQc a H10y J5?2 l? Ab'r!Fohr 1ai, ir I KA Bd, l 'i 2.

EAST SHIRLEY STREET 322-375 325-3079 397-1700
:,1 .. : 1.<,j .1 1 j o., i a l l. i, ..n I 'rU .-, D I .Iy 352-6122
or Aboco Motor Moll, Don MacKay Blvd. 367 9 16

MEMBERS of the Broad-
casting Corporation of
the Bahamas' "Apex
Team" paid a courtesy
call on the Governor
General Arthur Hanna.
Seated, from left, are
Teresa Colebrooke, Doris
Campbell, the governor
general, Dwain Wallace
and Anthony Newbold.
Standing, from left, are
Joycelyn Szasz, Teazel
Lockhart, Lashena
Forbes and Helen

K~C'i. L JKY '
,,;1< C!-iLDR EN-

Children received an early
Christmas gift on December
18, when LOM Securities
(Bahamas) Limited donated
computers. LOM explained
that it has a charity commit-
tee with a mandate to help
needy children in the
Bahamas. Pictured left to
right are: Elizabeth Garcia of
LOM Bahamas; Lillian
Edwards of Ranfurly Home
for Children; Craig Lines;
director of LOM Bahamas.

~c I



. .. . . 6 . & 4 6* ..4 6 . .



lenh fro hn ho iiw UI

Bay Street

rocked by


FROM page one

persons only know me
recently as the person who
announced the scores for
junkanoo but there is so
much more to me as it
relates to junkanoo. It's
great to know that this is
happening while I'm alive
and well," Mr Gibson told
The Tribune.
With ticket prices rang-
ing from $10 to $50, tick-
ets for this year's Boxing
Day parade reportedlysold
out in a hurry and many
spectators, particularly
those holding tickets for
Rawson Square came out
early to be seated in time
for the parade's midnight
S start.
The Valley Boys, under
the theme "The Bahamas
Food and Cultural Festi-
val," was the first group out
of the gate and while some
spectators were able to see
the group's first perfor-
mance, hundreds of frus-
trated viewers stood in long
queues at entrance points
enduring the gradual
process of admittance. One
anxious spectator at a gate
entrance on Charlotte
Street claimed that she had
been waiting in queue since
11 pm. One man reported-
ly fainted in the street
while waiting to be admit-
ted. Many spectators also
expressed their frustration
over not being able to find
the right gate entrance and
others became agitated
when they were told that
they needed to be wearing
wrist bands to be seated on
the bleachers.
By the time the Saxons -
under the theme "From
Africa to Bay Street" -
made its first appearance
the long queues at most of
the eniitiane 'p6trnts*:all
already been substantially
reduced. Many spectators
commented that the Sax-
ons group was the largest
on Bay Street.
The Prodigal Sons,
under the theme "Come
Celebrate Africa," despite
a slow start also rocked the
crowd to the tune of
"Beautiful Girls" along
with other groups, such as
One Family with its theme
"Crime-Enough is
Enough." Although rain
came down around 6
o'clock Tuesday morning
catching groups such as
Roots during its perfor-
mance, the parade contin-

FROM page one

at a swift pace out of the building
and towards his waiting car.
Other than exchanging a few
curt remarks with Lincoln Bain
- the group's spokesperson -
as he headed towards his car, Mr
Ingraham bypassed gathered per-
sons before closing his car door
while Mr Bain was speaking and
driving away.
The group had expressed opti-
mism in the months following the
FNM's victory in the May elec-
tion during which time Mr
Ingraham commonly referred to
their plight as tragic, and con-
demned the incumbent PLP for
making unfulfilled promises in
relation to the group of a finan-
cial resolution. However,
although a government insider
told The Tribune in July that a
settlement would likely be offered
out of a sense of fair play and jus-
tice, the victims claim to have
heard nothing since.
Mr Ingraham's action that
morning sparked outrage, with
fhbse present' suggesting that it
constituted a lack of respect, and
supported their belief that he had
merely used their plight as part of
an election "strategy."
"That's bad manners...that is
who we put in power saying
'make it better for us' and he just
walked away," said victim Sofia
Mr Bain said: "If the govern-
ment doesn't have the money, if
they can't resolve this matter right
now, at least treat these people
like human beings and talk to
them and say 'This is the situa-
tion, I know what I said when I
was campaigning...I'll get to this
as soon as possible,' say some-
thing! But to totally ignore them,
it's like the government is saying
'Y'all can go to hell'."
The ordeals of those affected
began in 2003 as they were among
a large crowd travelling on the

Anger after PM was past ea Hauler victims

Sea Hauler mailboat to the Cat
Island regatta. During the night,
the United Star freighter crashed
into their vessel, wreaking mas-
sive damage. Four people lost
their lives, and 25 were injured, as
a crane fell from the bow of the
United Star onto the deck of the
passenger boat.
Two sisters were amongst those
killed, leaving nine children to be
raised by other family members.
Others had their livelihoods seri-
ously impacted by the long term
effect of their injuries, which
included limb-loss.
In 2004, a government-appoint-
ed Wreck Commission found the
government-operated port
department failed to carry out its
duties in relation to the sea
hauler, including overseeing how
many people had boarded the
vessel. The commission also
found the Sea Hauler "non com-
pliant" for allowing too many pas-
sengers on board.
Monday's attempt to meet with
Mr Ingraham is only the latest in
a string of attempts by the vic-
tims to get government to
respond to their plight. Under the
former PLP government, the
group failed to achieve redress
despite assurances from various
Cabinet ministers, including Mr
Christie and Mrs Cynthia Pratt.
However, their persistent
efforts during that time did not
go unnoticed not least by Mr
Ingraham himself.
In his 2006 Christmas message,
the then-opposition leader com-
mented: "We sympathize with the
victims of the 2003 Sea
Hauler/United Star tragedy who
continue to seek redress for their
losses and their injuries from an
increasingly unresponsive gov-
Meanwhile, an official New
Year's eve "commentary" issued

to the media by the party
described the "tragedy" as "the
latest and one of the more dis-
turbing examples of how a gov-
ernment which offered hope and
help, abandoned vulnerable citi-
zens, forcing them to resort to
dramatic actions just to get their
voices heard."
It further hit out at former
Prime Minister Perry Christie
personally for backsliding on
The issue would later become
frequent fodder for election cam-
paign addresses made by Mr
Ingraham as he remarked of the
adversity victims continued to
endure and described the inaction
of a "compassionless" former
He criticised the PLP admin-
istration for being "late again!"
on attending to victims' griev-
Yesterday, Ms Antonio said:
"He used it as a political strategy
and it worked. Because people
sympathized with our plight then
and they felt as if he was going to
do something to actually help us."
She added that Mr Ingraham
should know that the group's
presence at his office was of their
own volition, and not orchestrat-
ed by Mr Bain, as the Prime Min-
ister suggested before he got in
his car.
Victim Cedric Hart, whose
ability to support his family has
been severely curtailed by a spinal
cord injury caused by a crane that

len irom the ow of th me unteu
Star onto the deck of the over-
loaded Sea Hauler, was visibly
shocked and exasperated follow-
ing the Prime Minister's abrupt
"I can't give my children a nice
Christmas four years they've
been suffering. (The government
is) playing with people's emo-

LInIIs! sa lU tle tatelr, wlu lo
forced to walk with the aid
of crutches as a result of the
"Just pull the people on the
side and say 'Give me until the
New Year and I will have y'all
sorted out....' Just plain and sim-
ple that is hdman reaction to
human!" he said.

Bimini tension 'not over yet'

FROM page one

"religious side and the evil side" that things could go seriously
"Uncle Yama" said he had just stepped out of the bar shortly before
the shooting of 43-year-old Mr Rolle who was "like a son" to him -
took place.
"They sa'1l 'Come back Uncle Yama', they said 'D (the victim) just :;
got shot.' I said 'Well don't call me, call the police!' and the person said:
'Well I can't call the police 'cause the police are the ones who shot him!'
"And then it really hit me you know, and I dashed out and I went to
where the body was lying. The police officer was walking around
holding the gun and crying and saying this and that and 'I didn't do it'
and the next thing. He said 'I didn't kill him, I didn't shoot him'."
Having seen the state of the victim- who had been shot in the
head and would hours later be pronounced dead at the local clinic -
"Uncle Yama" said he warned the officers to leave the area.
"I said look man (to the other officer), 'Take this man out of here
before the crowd come,' because everybody in Bimini got cell-
phone...and within two minutes or three minutes my place was packed
with fellas I mean unruly fellas so they took (the officer) out and
carried him," he said.
On Sunday, National Security Minister Tommy Turnquest said that
in addition to investigating the shooting, police also will look into
placing charges against those responsible for damaging property.
While Mr Butler said he did not think it would be wise for this to occur
immediately, he said he feels that the majority of residents would not
be against seeing select individuals brought to justice.
"People with any kind of intelligence are going to know that this is
wrong what they have done" he said.

Police continue investigations

FROM page one
old Mr Rolle was shot in the head, dying hours later, allegedly by
a local police officer. He was reportedly cuffed and lying on the
floor in the corner of the Bimini Breeze bar at the time, after
allegedly being sought for a traffic violation. The incident incited
some residents to take to the streets, causing major fire and other
damage to police property.
Asked yesterday whether the officer involved remained on
administrative leave, Commissioner Ferguson confirmed that he "is
on leave".
Asked whether this was different to "administrative leave", the
officer stated that "leave could be any number of things." He
stressed that lhe.officer is "off the island" and "not workingg'
- "A:cordir1g'to earlier reports, Corporal Darling was flown off*
the island shortly after the shooting.
"He has been removed from his post and of course the investi-
gation is going on and at the end of that there will be a determi-
nation made about exactly what course of action is to be taken,"
said Mr Ferguson.
While the police station did sustain major damage, officers on
Bimini "continue to have some semblance of operation" from that
building at this stage, he added.
On Saturday, 71 officers were sent to the island along with 22
defence force officers to restore order. Yesterday, Mr Ferguson said
a contingent of additional officers from Grand Bahama and New
Providence remain in place.
He said the exact value of the damage done to the force's prop-
erty on Saturday morning, as residents threw firebombs on the sta-
tion, patrol cars and boats, is still being assessed.
Mr Ferguson denied that most Biminites were involved in the
attacks, contrary to some reports.
"We are talking about a couple of malcontents on the island who
create problems. The people are in the main law-abiding citizens
and we continue to work with them," he said.
On Sunday, Prime Minister Hubert Ingraham assured the coun-
try that law and order had returned to Bimini.




We- hI YK(iig0tl -vfn gihoutit





. . . .

FOCOL is pleased to announce a

dividend payment to all holders

of preference shares as of

December 31,2007

payable within ten business days

of the record date

through CFAL Ltd.

"Fuelling Growth For People"

- - -

r --------I I I-



DECEMBER 27, 2007

8:00 1 8:30 I 9:00

S 9:30


Mae West... and the Men Who
Knew Her A

CSI: NY "Silent Night" A teenager is
shot while protecting her infant sis-
ter. A (CC)

Grace Kelly: The American
Princess A (CC)

CSI: Crime Scene Investigation
'Post Mortem" Grissom receives a
miniature crime scene replica.

10:00 10:30

Audrey Hepburn Remembered i

Without a Trace The team search-
es for a stuntman who vanished
from a film set. A (CC)

Access Holly- My Name Is Earl 30 Rock Jack re- The Office Dayl ScrubsMy Own (:01) ER "City of Mercy" Gates be-
wood (N) (CC) Conjual-visit alizes that Don negotiates with Worst Enemy" trays the trust of a homeless boy
day.(CC) may retire. Michael. A (CC) seeking help for his friend.

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human baby. A (CC)

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tracted by Modes new sandwich
guy. (CC)

Grey's Anatomy The chiefs wife
rushes their niece to Seattle Grace.
A (CC)

News (N) (CC)

Funny Women:
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ledge (CC)
The Insider (N)
n (CC)

(:02) Private Practice Charlotte
asks Pete to treat her insomnia. A

(:00) CSI: Miami The First 48 A young woman is The First 48Family Secrets; The First 48 "Fool for Love;
A&E JSpeed Kills" n killed; an eldery man isfound beat- lippedA young couple goesmiss- Dumped" Abadlydecomposed
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EN ~down Special
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EWTN Lady mas Ch Lady of the Angels Monastery
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HALL Texas Ranger Gage disguise themselves as bikers terson. A lawman springs a bounty hunter from jail to hunt killers. (CC)
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Family Guy Pe- Smalville'Clark must save an ac- The 9th Annual Family Television CW11 News at Ten With Kalty
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McDonald's celebrates World Children's Day

MILLIONS of customers in 30,000 McDonald's restaurants around
the world recently marked World Children's Day. Locally, children
were treated to entertainment and "Happy Meals" and this year's
donation went to Bahamas Down's syndrome Association. McDon-
ald's Human Resources manager Chantell Dames, right, presents
cheque to Cheryl Joy Newell for the association.

OWNERS and operators of
McDonald's Bahamas, Danbrad Lim-
ited, recently joined millions of cus-
tomers in 30,000 restaurants around
the world to honour the world's chil-
dren in an annual event that nets fun
for youngsters and funds for a worthy
It was the sixth annual World Chil-
dren's Day and this year it was marked
in the downtown Marlborough Street
store with appearances by Olympian
Debbie Ferguson, who serves as
Bahamas World Children's Day
Ambassador, and entertainment cour-
tesy of Charlie the Yellow -Bahamian
and his sidekick Derek.
With Golden Girl Debbie as the
inspiration and Charlie and Derek
adding their original version of McDon-
ald's hits like "I'm lovin' it", young-
sters were treated to song, dance, sto-
ries, happy meals and an afternoon they
will long remember for a cause to which
they could relate supporting chil-
dren's charities.
This year the Bahamas Down's Syn-
drome Association was the beneficiary
of the event.
"By giving a hand, we wish to
enhance the ability of the Association
to help children with Down's syndrome
to live full and rewarding lives," said
DanBrad President Earla Bethel.
Cheryl Joy Newell of the Bahamas
Downs Syndrome Association said that
the donation will assist the organisa-
tion in obtaining its goals.
"We are very appreciative for their
assistance. We have about 50 members,

some as young as six months old, and
we plan to utilise the donation to help
create an education centre for children
with the disease," said Ms Newell.
Since the programme's inception in
2002, World Children's Day efforts
have raised more than $100 million. In
the Bahamas, McDonald's has made
several major donations to organisa-
tions and associations.
Locally, World Children's Day dona-
tions have benefitted hundreds of chil-
dren since 2001 through donations to
the Centre for the Deaf, the National
Children's Choir and the Indaba Pro-
ject an after-school programme for
youngsters from the Bain Town area.
Started by Ian Maura and Thomas
Cleare, the programme offers students
a safe haven after school with volun-
teers assisting with homework, field
trips and providing emotional support.
The programme operates according to
the "teach them how to fish" motto
based on the ancient Chinese proverb
"Give a man a fish and he'll eat for a
day, teach him to fish and he'll eat for a
Many of the guests were repeat vis-
itors, more than one family joining
McDonald's in its march'toward
remembering and benefiting the
world's young people every year since
World Children's Day was launched.
Locally, it's been a special day for a
few special families in particular. Cheryl
Joy Newell of the Bahamas Downs
Syndrome Association says that the
donation will assist the organisation in
obtaining its goals.

YOUNGSTERS crowd McDonald's on Marlborough Street for
the sixth annual World Children's Day celebration. They got
entertainment, song, dance and "Happy Meals" and children's
charities will get the benefits.








0 o0I


Company to

raise dividend

payment in

the New Year

Tribune Business
BISX-listed insurance bro-
ker and agent, is set to
increase its quarterly divi-
dend payments in the New
Year on the back of a "sig-
nificant" 56 per cent
increase in net income for
the first nine months of fis-
cal 2007.
In his letter to sharehold-
ers for the period to Sep-
tember 30, 2007, Marvin
Bethell, J. S. Johnson's man-
aging director, gave them a
happy Christmas and New
Year by revealing that quar-
terly dividend payments
would be increased from
$0.15 per share to $0.16 per
share from 2008 onwards.
The move follows swiftly
behind a 56 per cent, or $2.7
million, rise in J S Johnson's
net income to $7.558 million
for the nine-month period
to September 30, 2007.
Total income, or total rev-
enues, for that period
increased by 25 per cent to
$22.502 million, up from
$18.011 million the year
Earnings per share for the
nine months were up 33 per
cent, from $0.58 to $0.77.
Mr Bethell said the "quar-
terly dividend [is] to rise
from $0.15 to $0.16, begin-
ning with the next dividend
to be paid in early 2008.
"We are also happy to see
steady growth in our share
price, which is at an all-time
high. We are still ahead of
budget in total income, and
under-budget in total
expenses. All indications are
that this trend will continue

SEE page 48

Tribune Business

SUPER SAVER, the well-
known pharmacy and drug
store chain, has changed own-
ership, with the store portion
now set to be run by the own-
ers/operators of their pharma-
Bob Thompson, Super
Saver's former owner, told Tri-
bune Business that he "is no
longer involved in the opera-
tion" of the company, which
currently has four locations in
Nassau the Village Road
Shopping Centre, Sea Grape
Shopping Centre on Prince
Charles Drive, Madeira Street
and the Mall at Marathon.
The stores signs at least two

Thompson 'no longer involved in

operation' of stores, which have

been taken over by operators of

in-house pharmacies

locations Village Road and
the Sea Grape Shopping Cen-
tre have been changed from
Super Saver to QVS Pharma-
Visitors to the stores over
the past few months, especial-
ly those on Prince Charles and'
Village Road, had seen them

slowly phasing out their inven-
tory and products, with the
pharmacies remaining fully
operational. *
However, re-stocking at the
Sea Grape store appears to
have begun, while intense con-
struction work is taking place
at the Village Road outlet,

* Culmers say 'sufficient funds' to cover Hutchison Airport debt
* Port Group of Companies' 2007 profits understood to have more
than doubled to $12m

Tribune Business Editor
THE Grand Bahama Port Authority's
(GBPA) receivers have again warned Sir
Jack Hayward to stop "interfering" with
the company's management, and insist-
ed that they have held back "sufficient
funds" to cover potential liabilities such as
Hutchison Whampoa's Grand Bahama
Airport Company loan.
Correspondence exchanged between
Sir Jack and Clifford and Myles Culmer,
the BDO Mann Judd accountants
appointed as the GBPA and Port Group
Ltd's receivers by the Supreme Court, in
the run-up to Christmas illustrates just
how deeply relations between the two
sides have iced over, as the decision to
declare a $12.1 million dividend threatens
to provoke -a further acrimonious court

When it comes to the thorny issue of
the $12.1 million dividend declaration,
which is set to be challenged by attorneys
acting for trustees of the Hayward family
trusts, the GBPA receivers said they had
considered "the potential contingent lia-
bilities" in discussions with lan Barry, the
Port Group of Companies chief financial
In a December 20, 2007, letter to Sir
Jack, the Culmers said: "We are holding
back sufficient funds for the moment to
cover a number of contingencies, includ-
ing the repayment of the airport loan by
Port Group Ltd.
"We are taking legal advice on the air-
port loan, and will make a determination
early in the New Year on what position to
take in respect of this particular claim.
"Please note that Mr Barry is of the
SEE page 5B

indicating that the new own-
ers are already putting capital
investment into the business.
Super Saver's Ownership
structure was such that Mr
Thompson owned the store
portion separately from the in-
store pharmacies which, while
located in his outlets, were

owned separately. Their own-
ers have now, apparently, tak-
en over the store portion, too.
Mr Thompson explained he
was no longer involved in the
store-based portion of the com-
pany. He said it had been tak-
en over completely over by the
owners of the pharmacy por-
tion of the store.
Mr Thompson declined to
comment on whether he had
sold his stake in the store, or
provide further specific details
about the change of ownership.
According to staff at one of
the pharmacy branches,
Stephen Thomas, the owner,
was not at the store, although
they said they would pass The
Tribune's inquiries on to him.
Mr Thomas did not return
The Tribune's calls before
press deadline.

Minister intervenes

in new Morton Salt

lay-off controversy

Tribune Business
DION FOULKES, minister
of labour and maritime affairs,
has intervened in the brewing
dispute between Morton Salt
and the trade union represent-
ing the majority of its line work-
ers, requesting that the compa-
ny place on hold plans for tem-
porary three-month lay-offs.
Obie Ferguson, Trade Union
Congress (TUC) president and
the attorney representing the
Bahamas Industrial Manufac-
turers and Allied Workers
Union (BIMAWU), told The
Tribune he had received a
Christmas Eve letter from Mr
Foulkes requesting that the not
implement the lay-offs until fur-
ther discussions were held
between the affected parties.
According to Mr Ferguson,
the minister wrote that follow-

ing conversations between him-
self and Harcourt Brown, the
director of labour, he was urg-
ing that the Saturday, December
22, letter sent to Morton Salt
employees informing them of the
lay-off plan "be held in abeyance
pending further discussions"
between the ministry, company
management and the union.
Meanwhile, Mr Ferguson said
the union viewed the company's
move to implement temporary
three-month lay-offs, having giv-
en employees a 10-day notice
period, as an attempt to force or
'bounce it' into signing a supple-
mental industrial agreement to
the one the two parties signed
on July 11, 2007.
He added that the union
viewed Morton Salt's latest
action with surprise, given that
"the union agreed with the com-
pany that the workers can work
SEE page 11B

Bacardi releases

first 38 workers

Tribune Business Reporter
THIS WEEK marked the final
days of employment for Bacardi's
38 Nassau-based distillery work-
ers, as the company continues its
winding -up process before mov-
ing all Bahamas-based operations
to Puerto Rico by April 2009.
According to Bacardi spokes-
woman Patricia Neal, the 38
employees were all given "gen-
erous" severance packages, their
pay through to the end of Decem-
ber 2007, and were able to use
the company's outplacement
employment services.
"Bacardi has been so proud to
have such an outstanding and
professional workforce in Nas-
sau, thank them for their contin-
ued dedication and only have best
wishes for them this holiday sea-
son and in the future," she said.
"While it is sad for us to see
these co-workers leave, we are
confident they are going into the
workforce with the right skills to
Ms Neal added that most of the
released workers have already
secured jobs, or have employment
opportunities in the works.
"We remain confident that
most of our employees who chose
to do so will obtain new jobs
because of the various training
and outplacement services afford-
ed to them by Bacardi. We
remain in daily communication
with our employees," she said.
Ms Neal added that the phased
shutdown of the Bacardi plant,
and the consolidation of rum pro-
duction process and bottling acti-
tives, were on schedule.
"We expect the consolidation
action to be completed by April
2009. All employees were made

aware of and understood the
timeline," she said.
Bacardi decided to close its
Nassau-based production facili-
ties amid uncertainty over
whether the Bahamas would pre-
serve duty-free market access for
its rum products to Europe by
signing the Economic Partnership
Agreement (EPA) with the Euro-
pean Union (EU) something
this nation has now moved to do.
A more pressing concern,
though, and one that eventually
drove Bacardi away, was this
nation's high labour, utility and
overall operating costs, which
squeezed margins and threatened
to make its rum products uncom-
Meanwhile, Ms Neal said Bac-
SEE page 11B



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Super Saver chain

changes ownership



The Bahamas must go

'to new


Tribune Business Editor
THE Bahamas must deal
with its workforce and physical
infrastructure needs "at a lev-
el beyond" what it has done
currently to ensure its tourism

Hotel president says nation has to 'meet challenges head-on' to
sustain industry in increasingly competitive global environment

industry remains competitive,
the Bahamas Hotel Associa-

tion's (BHA) president said
yesterday, reflecting on a year





AT 12:15 P.M.

St. Alban's Dr. off West Bay St.
P.O. Box N-1085
Tel (242) 322-8396
Fax (242) 323-7745 -

East Bay and Mackey St.
Bridge Plaza Commons Bldg.
Tel/Fax (242) 395-4210
Tol Free (242) 300-7035

when tourist arrivals "failed to
meet expectations".
Russell Miller said: "With
growth and increasing global
competition, it becomes even
more critical that as a nation
we face our new challenges
head-on. The coming year will
require a new commitment by
all Bahamians to meet these
"Our human and physical
infrastructure needs must be
addressed at a level beyond
that which we've yet to do.
Our industry must be sustain-
able, and more needs to be
done to safeguard and enhance
our physical environment.
"In essence, we need a more
holistic, orderly approach
toward the development of our
nation's number one indus-
try...one which is embraced by
all Bahamians, from all walks
of life."
He added: "Yes, as a nation,

we must look to 2007 and the
past, and there is much to be
thankful for. But we must
look to the future and recog-
nise that there is much more
that we can do, each and every
one of us, to be able to say
with confidence: 'It's Better in
The Bahamas'."
Mr Miller said the challenges
had increased in line with the
Bahamas' tourism growth, and
these became "ever-more pro-
nounced in 2007" as visitor
arrival numbers failed to meet
He added: "This past year
should demonstrate clearly to
all of us that we cannot take
tourism for granted. Our most
successful competitors have
"In 2007, with new room
inventory coming on line, the
Bahamas continued its decade-
long shift to a higher-end des-
tination. Commensurate with

this comes demands that we
deliver a high-quality product."
Mr Miller said the BHA and
its members had placed
increasing emphasis on trad-
ing and 'education-related
activities for staff.
"New'performance stan-
dards" were being implement-
ed for Bahamian small and
mid-sized hotels, with certifi-
cation programmes advanced:
to several hundred employees,
who were tested and met
global standards. Customer
service training was also pro-
"Loo.king to the future, we
are excited about the new
tourism-related investments
coming pn stream. New ter-
minal facilities for Lynden Pin-
dling International Airport are
planned, and airport improve-
ments in Abaco are beginning
to take shape.
Increasingly, the world is dis-
covering our Family Islands.
And Grand Bahama is laying a
foundation for its future with
an exciting branding and
enculturation programme now
in place," Mr Miller said.

, Tina Cambridge
Ge neralil Vildwide, PO Box AP-59217, Slot 2002, Nassau. Bahamas
'ou can also email your CV for the attention of Tina Cambridge to:


the hope and joy of the Christmas season remain

with you every day of the coming year! Thank you for your

patronage In 2007, and we look forward to serving you with

excellence In 2008. Blessings from our family to yours!

Christmas Holiday Hours
Nassau, Grand Bahama, Abaco and Exuma

Friday, December21 Open &830 an. to 12:00p.m.
Monday, December24 Closed
Tuesday, December25 Closed (Christmas Day Holiday)
Wednesday, December 26 Cosed (Boxing Day Holiday)
Thursday, December27 Open 8:30 a.m. to 5.O p.m.
Friday, December 28 Open 8:30 a.. to 5.00 p.m.
Monday, December 31 Closed
Tuesday, January 1, 2008 Closed (New Year's Day Holiday)
Wednesday, January 2, 2008 Open 8:30 a.m. to 50 p.m.
Saturday Hours: Open Dec. 22nd; Closed Dec-29th

CALL: (242) 396-2000
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Hayward trust attorneys want

any Port dividend to go to IDC

Tribune Business Editor
ATTORNEYS acting for the Hayward family
trusts' trustees are seeking a Supreme Court order
that any dividend declared by the Grand Bahama
Port Authority (GBPA) and its affiliates, if it is to
be paid, by paid to their holding company, Inter-
continental Diversified Corporation (IDC), rather
than directly to themselves and the late Edward
St George's estate.
Brian Moree, senior partner at McKinney, Ban-
croft & Hughes, who is representing the trustees
of Seashells Investments, the entity through which
the Hayward family ultimately owns its GBPA
stake, said he and his client were opposing plans
to declare a $12.1 million dividend and seeking a
court order to block it.
If that failed, they would alternatively seek an
order that the dividend be paid to IDC, the Cay-
man-domiciled entity that owns 92.5 per cent of
the GBPA (the Government owns the remaining
7.5 per cent stake, though that is disputed) and
100 per cent of Port Group Ltd, which owns all
the productive, profit-making assets.
Mr Moree told The Tribune: "We will be apply-
ing for an order that no dividend be paid. We
will be opposing the dividend.
"My client will be applying to the court for an
order that no dividend be paid, or in the alterna-
tive, that if a dividend is to be paid, it be paid to
the legal shareholder of the GBPA and Port
Group Ltd, ICD."
The December 19, 2007, court order by Justice
Anita Allen approving the declaration of a $12.1
million GBPA dividend by Port receivers, Clifford
and Myles Culmer, to be paid on January 2, 2008,
states that the dividend will be paid directly to
Lady Henrietta St George and Chris Cafferata, as
executors of Mr St George's estate, and Seashells
This bypasses IDC and the corporate holding
structure for the GBPA and Port Group Ltd,
which is what happened earlier this year when the
previous $6 million dividend was declared.
Sir Jack his gone public with his staunch oppo-
sition to the payment of a dividend, arguing that
the GBPA needs to conserve cash and capital to
meet several potentially large liabilities, and invest
in Freeport's infrastructure.
By applying for an alternative order that any
dividend be paid to IDC, an entity whose Board
is allegedly controlled by Sir Jack, the tactic will
be to prevent any funds reaching the St George
Any move to block the dividend payment will
meet with resistance from the St George estate.
The estate's principal, and possibly only,.source
of indome'(rd7 '' t Authotif dividends; Their
attorney Fred Smith, a partner with Callender's &
Co, previously told The Tribune that any attempt

by the Hayward family trusts to block the pay-
ment was really intended to starve the St George
family of funds to continue their legal fight, and
force them to the negotiating table, rather than for
Freeport's benefit.
"I am completely and utterly opposed to the
declaration of any dividend from the Port com-
panies at this time," Sir Jack said in a statement
released last week.
"I do not think the Port Authority's cash
resources are sufficient now to satisfy the
demands that are being made on it by Hutchison
Whampoa and others. The paying of a dividend at
this moment with all the pending litigation hang-
ing over the Port Authority would, in my opinion,
be suicidal and create momentous political and
public criticism."
Sir Jack described himself as surprised at the
timing of the receivers' dividend application to the
Supreme Court, as it was filed on December 18,
2007, a day when he was in Freeport for meetings
over the Port Authority's future.
"I cannot understand why the receivers said
absolutely nothing to me about the payment of a
dividend while we met, whilst almost at the very
same time it appears they were applying to the
Court for its approval," Sir Jack said.
"One would think that as a director.and cliafr-"
-man, I for one would want to know that the appli-
cation is being filed and just where this money is
going and for what purpose."

The American Embassy is: presently
applications for the following:



SKRealiy AssisItant

Serves as the senior member of the GSO
Ifousing Office working interdependently in
administering and managing the complex
legalities and details of an interagency housing pool
that spans from New Providence to Grand Bahama

This position is open to candidates
following qualifications;

with the

An Associate Degree in the area of Business
Administration, real estate or a related field.
Two years of experience in real estate
leasing/ contracting, property management
or related field required.
Must have a good working knowledge of
general office procedures, Microsoft Office
Suite and data base management.


Must have ability to meet deadlines in a
timely manner and work independently with
minimum supervision


The successful candidate will be offered an excellent
compensation package including performance-based
incentives, medical and dental insurance, life insurance,
pension and opportunities for training development.

Applicants must be Bahamian citizens or U.S. citizens
who are eligible for employment under Bahamian laws
and regulations.

Application forms are available from 8:OOa.m. to
5:00p.m. Monday through Friday at the security area
of the American Embassy, Queen Street. Completed
applications should be returned, to the Embassy ad-
dressed to the Human Resources Office no later than
Friday, January 11, 2008.

The year ends and you begin.

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SOvernight padkaget inculiting rrooin;ind two liikets to the
.New Year:& Eve Ball stjrn t tWoo'
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a .p;m. to2 a.uI,, ald a.chaul gie toaj. it iaur I mght
Str~ ~tfrto the n'tairlx.x Band, Stileet, GCeho D.


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This is how it should feel."





S nolude room. tai, rtaxe, charge., nmort fe,. and two catat .) Nm
an bar frm p.m. to l .m. and omt bar hp 18t .ki*. G.. iw, in
for kids O 3 to 12 with food and gaies (not Included ink cg C)'
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pa~li~m awrpp nUSt~? rP~~~

Security & General


Our offices will close

at 5:00piu on. Friday, December 28th

andi wtil reopen on

Wednesday, the 2nd Januari 2008't 9:00 .

X'e apologize tor any incon enirence

lna\ may cause.

Have a Happy Holiday!
'. .'

Arlnatic Hoous* sedona l ?race las& Cen(mt ille
ro BHa N,3540 N Bmu, Bahnmam 'elephnme (42).26ol00 Fax r(42). 3 94N

)'h.*aa -. ~ ~~





aam ses My 7,2,a08

New Students: Registration Thursday, January 3- 4, 2008, 9:00am 6:00pm

Date Time Programme

Thursday-Friday 9:00am-6:00pm Tile Laying
January 3-4, 2008 Painting & Decorating
Facial Technology
Thursday Friday 9:00am-6:00pm Cisco Certified Network
Associates (CCNA)
Are you looking for a way to jump start
your career in high tech? The Cisco
Networking Academy Program prepares
you for industry-recognized certification
and exciting careers in Information
Technology. Meet your instructor and see
what the program is about. December 12, 2007
Professional bevlMWAp i Improvement
Professional Development & Home
Improvement November 26 -
Courses Registration February 1, 26 -
February 1, 2008
Cal 502-6300 for mre information
Sprd |
Spring Semester Orientation
Dae: Janury 3,200
Mornhf~g9:00mn-l a
Contact the RegI information



Core Responsibilities:

* Provides user support for the company's networked systems, by
investigating and performing resolutions to problems that are
Performs routine installations, preventative maintenance and
repairs to hardware, operating systems and application
Troubleshoots system and application problems, including issues
and servers.
Assists with documentation and maintenance of technical
standards and operations.
Assists with the implementation of new technologies and
Information systems and the decommissioning and disposal of
old technologies.
Assist with the administration of the company's networked anti-
virus and data back-up systems by checking that these systems
are current and operate as scheduled.

Knowledge Skills and Abilities:

* Advanced knowledge various Windows operating systems to
provide help desk support and to troubleshoot end-user and back
office systems.
* Sound knowledge.of computer hardware to execute hardware
repairs and upgrades.
* Basic knowledge of networking, especially protocols in use by
the company to troubleshoot and assist in rectifying network
* Analytical and problem-solving skills to assess issues and
technical information, examine alternatives, and use judgment
to provide reasoned recommendations.
* Must be open to new technology and ability to problem solve
in support of the network and central database systems.
* Associates degree in a computer-related field, industry standard
network certifications required, plus two (2) or more years of
proven technical support and network systems experience.

Benefits include: Competitive salary commensurate with experience
and qualifications; Group Medical (includes dental and vision) and
life insurance; pension scheme.

Interested persons-should apply no later than December 31st 2007
DA #04445B
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas






profits rise

FROM page one
in the final quarter."
Total expenses for the nine
months to September 30,2007,
stood at $14.944 million, a 13.6
per cent rise over the previ-
ous year's $13.158 million.
The main contributors to
this increase were staff costs,
which grew by 7.7 per cent to
$6.108 million, up from $5.673
million, while insurance
expenses increased by almost
33 per cent to $6.156 million,
compared to $4.633 million
the previous year.
On the revenue side, J S
Johnson saw net commissions
and fees largely earned
through its core agency and
brokerage business grow by
30.3 per cent to $14.017 mil-
lion, compared to $10.755 mil-
Net earned premiums from
its insurance carrier affiliate,
Insurance Company of the
Bahamas, in which J S John-
son owns a substantial stake,
increased by 10.5 per cent to
$6.864 million, compared to

$6.213 million.
Describing ICB as "a strong
performer for the first nine
months", Mr Bethell said:
"Net income is showing a sig-
nificant increase over the pre-
vious year, and claims costs
are down.
"The excellent underwrit-
ing results for both the prop-
erty and motor portfolio con-
tinue to strengthen ICB's posi-
tion. Even though the
Bahamas was affected by
Tropical Storm Noel, this
event is not likely to have any
major impact on ICB's final
Meanwhile, Mr Bethell said
J S Johnson was set to 'go live'
with its new, upgraded com-
puter system in January 2008,
while its life and health
department had been relocat-
ed to ICB's property at 33
As The Tribune has report-
ed before, ICB has become
possibly the major factor in J.
S. Johnson's performance. In
years when hurricanes are
absent, it is likely to turn in a
strong performance, in turn

bolstering J. S. Johnson's and
delivering a greater return to
the BISX-listed firm's share-
However, in years such as
2004 and 2005, when the
Bahamas was struck by hur-
ricanes, ICB's underwriting
performance is likely to be
heavily impacted by subse-
quent claims.
In turn, this may act as a
drag on J. S. Johnson's results,
as it is no longer just an agent
without any underwriting risk,
relying on 15 per cent-plus
commissions taken in at the
front end.
The net effect is that J. S.
Johnson may turn from a
steady net income and return
producer for shareholders to a
company where earnings
become a little more uneven
and harder to predict.
Investors are likely to enjoy
greater upside in years when
hurricanes are absent, as in
2006, but there may also be a
downside potential when
storms are experienced.
Indeed, a major contributor
to J S Johnson's 2007 nine-
month results was the fact that
ICB produced $674,000 in net
fees and commissions, rather
than the $1.523 million loss it
incurred in this area during
the 2006 comparative period.
In turn, this helped ICB to
generate a $2.25 million net
profit for the 2007 period,
compared to just the mere
$264,000 achieved in 2006.
Compared to 2006, the net
income achieved by the
agency and brokerage busi-
ness grew by 5.6,per cent in
;21Q,7 tp $5.308 million., as
opposed to $4.59 million.

Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If)so, call- us on 322-1986
and share your story.






Port receivers in new

warning to Sir Jack

FROM page one
view, with which we agree, that
the companies have sufficient
unencumbered cash in hand to
pay out a dividend of approxi-
mately $12 million, which we
will do in accordance with the
court order."
The Tribune understands that
the Port Group of Companies'
net income for 2007 more than
doubled the previous year's fig-
ure, increasing by over 100 per
Informed sources suggested
that their collective net income
had risen from around $5 mil-
lion in 2006 to almost $12 mil-
lion in 2007, all the income com-
ing from the Port Group Ltd
and productive assets' side.
The Tribune was told that, as
a standalone entity, the GBPA,
Freeport's quasi-governmental,
licensing and regulatory body,
had again incurred a substan-
tial loss of around $1.5 million,
although this was down on
2006's $4 million loss.
The December 19, 2007,
court order by Justice Anita
Allen approving the dividend
payment, stated "that the issue
as to whether a proportion of
the available funds should be
retained for the satisfaction of
the Hutchison airport loan
demand against Port Group Ltd
is adjourned, and the receivers
are directed to approach the
court in January 2008 for a fur-
ther date".
The Tribune revealed on
Monday that the multi-million
dollar debenture debt owed to
Hutchison Whampoa over the
Grand Bahama Airport Com-
pany was a key reason why Sir
Jack Hayward's family trusts
were arguing it was not prudent
for the GBPA to declare a $12
million dividend.
Hutchison Whampoa is
understood to have pumped in
a significant sum, around $35
million, to upgrade and repair
the airport, without any such
funding contribution made by
the GBPA.
The Grand Bahama Airport
Company is owned 50/50
'efwee-the *GFBPA "and
Iluticiso^h .Whampoa, afd the i
latter is claiig that its partner

now owes it a substantial debt
to reimburse it for the invest-
ments made.
Although the strength of
Hutchison's legal claim is uncer-
tain, the Hong Kong-conglom-
erate is understood to be using
it as leverage to strengthen its
position in the ongoing battle
over the GBPA's ownership. It
has itself made a rival $125 mil-
lion offer to acquire the Hay-
ward trusts' stake in the GBPA,
countering the $100 million bid
submitted by Fleming Family
& Partners.
The GBPA and its Port
Group Ltd affiliate have
enjoyed a banner year, apart
from the net income figures,
with some $48 million in income
building up in their coffers.
This income, it is understood,
has come largely from the pro-
ceeds of assets sales and invest-
ment deals, some $26 million
having come from Port Group
Ltd's 20 per cent stake in Phar-
maChem Technologies, the
Freeport-based drug manufac-
turer. The stake, held by IDC
Investments, a Port Group Ltd
affiliate, was caught up in the
deal that saw Groupe Novasep,
a French company, acquire
Another chunk of the $48
million income is thought to
have come from the land acqui-
sition that paved the way for
Morgan Stanley's Barbary Bay
development project.
Christmas cheer is likely to
have been in little supply in cer-
tain quarters central to the
GBPA ownership drama, giv-
en the frosty relations between

some of the key partners. A
December 19, 2007, letter sent
by the Culmers to Sir Jack
appears to have been prompted
after he entered a meeting
between Sir Albert Miller, the
GBPA's chief executive, and
Neko Grant, minister of tourism
in the FNM government.
The document also refers to
memorandums sent by Sir Jack
to unnamed GBPA manage-
ment team members in early
December 2007, something that
the receivers described as "dis-
ruptive and a waste of manage-
ment's time", given that they
had previously requested that
he not contact management
The Culmers earlier this year,
on May 17, 2007, had requested
that Sir Jack only communicate
with GBPA management
through them.
Telling Sir Jack that he was
not to attend any further meet-.
ings concerning the GBPA, or
enter the company's manage-
ment building unless invited by
them, the Culmers wrote: "The
purpose of this letter is to yet
again request that you desist
from contacting the manage-
ment of the Grand Bahama
Port Authority and Port Group
Ltd directly...........
"Your acts serve as no bene-
fit to the companies, and in fact
damage their smooth operation
and management, [which] we
have sought to ensure."
The receivers added: "We are
at a loss as to why you have
continuously failed to comply
with our continued direct
request that you not contact
"We can only view it as an
attempt to interfere with the
receivers and managers, and our
discharge of the responsibilities
conferred upon us by the court.
"It is most unfortunate that
you have sought continually to
undermine us rather than to
assist us in our duties as offi-
cers of the court. Should you
persist in your failure to comply
with our request as to the prop-
er channels of communication,
we shall have no option but to
seek appropriate guidance
and/or. relief from the court in -
S..relation to your behaviour.'



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holiday season

with your RBC



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more chances you have to
win! For more information,
contact your nearest RBC
Royal Bank of Canada
branch today!

*Special conditions apply. Credit card
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winner an additional $500.

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say "YES" to RBC Credit Cards and get exceptional
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> Royal Online" internet banking that allows you
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Christmas and New Years

Holidays Banking Hours

Monday, December 24, 2007

9:30- 1:00p.m.

Tuesday, December 25, 2007 Closed

Wednesday December 26,2007 Closed

Regular Banking hours will resume on
Thursday, December 27, 2007 (9:30a.m.- 3:00p.m.)
Friday, December 28,2007 (9:30a.m.- 4:30p.m.)
.Monday, December 31,2007 (9:30a.m.- 1:00p.m.)

Tuesday, January 1,2008 Closed

Regular Banking hours will resume on
Wednesday, January 2, 2008

Bank of The Bahamas Limited
Citibank, N.A.
Commonwealth Bank Limited
Fidelity Bank (Bahamas) Limited
iirstCaribben International Bank (Bahamas) Limited
Royal Bank of Canada
Scotiabank (Bahamas) Limited A


Sakter* ,Lap
Great Guana Cay, Abaco
The Bahamas

You are invited to apply for the following position currently available.

Assistant Marketing Manager

Key Requirements
* A demonstrated track record of sales to high net worth clients
* Extensive experience maintaining strong long term customer
relationships with significant add-on/repeat business
* A strong existing network with high net worth clients in the U.S.A.,
Europe and The Bahamas
* Ability to develop and implement marketing campaigns to high net
worth clients
* Bachelor's degree in Sales, Marketing or related subject; professional
* Minimum five (5) years experience in high net worth real estate
* Must be proficient in C2C software, ACT, Power Point, Microsoft Word,
Excel and Asset Manager
* Must be innovative, demonstrate strong leadership and customer
relations skills
* Must have excellent written and verbal communication skills

The successful candidate will have the opportunity to work in a growing
and dynamic organization and must be a self-starter, team player, work
at the highest standards of performance, and meet deadlines.
If you are progressive and prepared to advance your career, submit
your resume to the attention of the Director of HR & Training,
hr(abakersbayclub.com or by fax at 242-367-0804.

"Becoming the Employer of Choice in The Bahamasl"


I i





BEleuthera Island Shores
Subdivision LOT NO. 1,
All that piece parcel or lot of land having
an area of 9,644 sq. ft. being lot #1 in
block 45, Section "E" in the subdivision
called and known as Eleuthera Island
Sbores Subdivision, situated in the vicinity
atetay our, on island of Elethera, one of the islands of the Commonwealth of
The Bahams. This site encompasses a two storey building which is approximately 14 yrs old and
is abandoned. There is a wooden landing approximately 7'-4" wide by 20'-0" on the upper level,
approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms, front room,
dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximately
148sq. ft. There is also a water cistern under-the dining room floor area. All utilities and services
Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.

Must Sell Lot No. 597
i T All that lot of land having an area of 3,200 sq ft, being
lot 597 Melvern Road of the subdivision known as
S Yellow Elder Gardens, the said subdivision is situated
in the southern district of New Providence Bahamas.
This property is comprised of a 26 yr old single family
residence consisting of approximately 1,510 sq. ft
of enclosed living space, with 3-bedrooms including
master bedroom, 2-bathrooms, living/dining room,
kitchen and utility room. The residence also consists
of a front porch and two patios.
The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the possibility
of flooding during annual heavy rainy periods. The grounds are fairly kept, with improvements including
driveway and walkway. The yar is enclosed with chain linked fencing.
Appraisal: $133,395.00
Traveling west along Melvern Road from the sport center road, follow the road to the left. the subject
property is the 5th property left situated between Zris Court ahd Richie Court, painted White trimmed yellow.


All that lot of land having an area of 7,389 sq.
Sft., being lot #1 of the Subdivision known as
1. 'I Western Shores Phase II, the said Subdivision
situated in the Western District of New Providence,
-Bahamas. Located on the subject property is a
.,, single structure comprising of a single family
.. residence consisting of approximately 2,430 sq.
ft. of enclosed living space. The residence
comprises of 3-bedroom with closets, 2 1/2
bathrooms, living/dining rooms, study, kitchen,
utility room, porch and enclosed garage with electronic door. The land appears to be sufficiently
elevated to disallow the possibility of flooding during annual heavy rainy periods of the year. The
grounds are fairly well kept with improvements including driveway, walkway and swimming pool.
The yard is enclosed with walls.
Appraisal: $753,570.00
Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is
located on the left near Tusculum Subdivision and painted all White.


All that piece parcel or lot of land and
improvements situated in the settlement
of Hamilhon's in the Island of Long Island,
and comprising of approximately 13,547
S' "'"e Isq. ft. and is elevated approximately 7-8
ft above sea level. This site encompasses
a 35yr structure. A simple style home consisting of two bedrooms, one bathroom,
kitchen, living and dining room. the home however is consisted of 2 separate
constructions; 613.60 sq. ft of concrete construction and 624 sq. ft of wooden
construction all amenities are to the property such as electricity, water, cable and
Appraisal: $112,000.00.
The property is accessed by the main Queen's Highway.


3 two bed, 1 bath fourplex 9,000 sq. ft., lot no.
i 18b with an area for a small shop. Age 12 years
the land is a portion of one of the Dundas Town
Crown Allotment parcels stretching from Forest
Drive to Front Street, being just under a quarter
acre in size and on the lowside. A concrete block
structure, with asphalt shingle roof and L-shape
in design with a total length of 70x26 ft, plus 50
x 22 ft., 2,920 sq. ft., the interior walls are concrete
blocks, ceiling is sheet rock and the floors of vinyl tiles.

Appraisal: $265,225.00

All that piece parcel or lot of land having an area of 8,300 sq. ft.
being lot No. 382 situated in the subdivision known as Winton
I W Meadows, the said subdivision situated in the Eastern District of
the Island of New Providence, Bahamas. This property is comprised
'of a 24 year old single family residence with an attached efficiency
U I E(formerly the carport) consisting of approximately 2,675 sq. ft. of
S enclosed living area, front porch-198 sq. ft., back patio-380. The
"" l I I building is a two storey house. Besides the efficiency apartment,
'a i t the house is comprised of 3-bedrooms, 3-bathrooms, inclusive of
a master bedroom suite upstairs. Foyer, front room, dining room,
family room, powder room, utility room, breakfast nook and kitchen
downstairs. Climate control is provided by ducted central air conditioning, with air circulation enhanced by ceiling fans and other
amenities. Quality of construction: Average. Standard of maintenance: Average. Effective age: seven years (7) the land is on flat
terrain; however the site appears to be sufficiently elevated to disallow the possibility of flooding under normal weather condition,
including annual heavy rainy periods. The grounds are well kept, with improvements including neatly maintained lawns with
flowering trees, and a concrete garden/storage shed, which is located in the backyard. The yard is enclosed along the sides with
chain-link fencing, and concrete block walls that are topped with metal railings, and metal gates at the front and back.
APPRAISAL: $365,000.00
Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto
Meadows Boulevard, go south and take the 4th left, then 1st right. The subject house is the 2nd house on the left side painted
beige trimmed white.

Lot No. 15, Block 10, Winton Heights
All that lot of vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated in the Eastern District of New Providence Bahamas. This property is rectangular in
shape and zoned multi family single family.
Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.

Investment Opportunity Must Sell
Lot No. 20, Block 1 unit 3 Fortune Point Subdivision all that lot of vacant land having an area of 12,650 sq ft, being Lot No.20 block 1 unit 3 of the subdivision known and designated as fortune point
subdivision Freeport, Grand Bahama.. duplex property zoning with a rectangle shape.
Appraisal: $38,000.00

Investment Opportunity Must Sell Lot B, Wilson Street, Rock Crusher
All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher and in the vicinity of Perpall Tract situated in the western district of New Providence,
Bahamas. This property is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at foundation level under construction, and consisting of approximately
1,566 sq. ft. of enclosed living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Appraisal: $97,214.00
Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about midways through to Wilson Street, go though the corner all the way to the dead end. The property is
located behind the chain linked fence at the back of the yard.

Island Harbour Beach, Exuma
All that parcel or lot of vacant land containing 10,000 (80'X 100') sq. ft. being Lot No." 9, Block 2, Island Harbour Beach Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas.
The property is located on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.
Appraisal: $80,000.00

All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham's Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the
Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90) ft; on the East by Lot No. 11B and running thereon for a distance of
(100) ft; on the south by a 20' wide road reservation and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot is overgrown with shrubs and is in close proximity of a
white sandy beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of flooding. The area is approximately
80% developed with all utilities and services available.
APPRAISAL: $72,000.00

All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated "E" which forms a portion of land known as "Mutton Fish Point" situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running
thereon for a distance of 393.13 hundredth ft.; outwardly by a 30' wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly by the main Queen's Highway and running thereon for a
distance of 109.73 hundredth ft; westwardly by land now or formerly the property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq.
ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas,
and is bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet northwestwardly by the land now of formerly the property of Coridon Limited,
and running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30' wide road reservation and running thereon for a distance of 128.128 hundredth ft; southeastwardly by the land now or formerly the
property of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and
peaceful with a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as "Mutton Fish Point"

All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated "F" which forms a portion of land known as "M itton Fish Point" situated about two miles northwestward
of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and abutting as follows Northwardly by the land now or formerly the property of
Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and running tilereon for a distance of 393-19 hundredth ft. eastwardly
by the main Queen's Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or formerly the property of Coridon Limited a id running thereon for a distance of 113.40 hundredth ft.
this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00

A *e e f. .

V39 V0-1 1

~ ~ ~-- --




SANDYPORT Appraisal: $300,000.00
All that lot of land having an area of 9,626 square feet, being lot number 40,
of the subdivision known as SandyPort, situate in the Western District of
New Providence. The property is irregular in shape, is on a level grade and
zoned as single family residential. An electrical connection outlet is located
near the property. The property is located on Sandy Port Drive just on the
bend before Governor's Cay on the Southern Side of the road.


Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
:':.*.:. .. ,., Situate in the Western District
S.on the island of New
I BProvidence.
SLocated on the subject
,iy property is a newly
constructed single story
'^ 'structure comprising 6,000
S. feet of living space with a
three Car Garage.
The building is 75% completed and comprises five bedrooms, four and a
half baths study, living/dining, family room, kitchen, laundry and
generator room.
Location: From SuperValue West Bay, take the road heading west into
Westridge, take the first corner on the Right, Westridge Drive. Subject
property will be about the seventh on the right hand side of the road.


* *f- *


^kffS1 -"' lltt

sBK a-' '^^
i ~ L f-iI~-*II"

Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North

All that piece parcel and lot of land described as lot 7 block 21,
Albacore Drive, Victoria Place and Mid Chipman Road, Unit 2,
Greening Glade Subdivision, Freeport, Grand Bahama. The lot
contains 20,580 sq. ft. and zoned as multi-family residential.

LOT No. 20, BLOCK 1, UNIT 3

Appraisal: $38,000.00

All that lot of vacant land having an area of 12,650 sq. ft. being lot No.
20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.

LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00
Unit 5, Block 17, Lot #48 Single family residence, Clearwater Close.
Located on fresh water canal. Approximately 17,404 sq. ft.

LOT No. 37 BLOCK 33
GRAND BAHAMA Appraisal: $337,000.00

,-1 alt tl U
,vt *J !1; !
... - + +., p+,, .., ." ',

All that lot of land having an area of 16,533 sq. ft. being lot No. 37
of the subdivision known and designated as Bahamia Marina and
Bahamia Section 4 Subdivision, Freeport, Grand Bahama. Located
on this property is a structure comprising a 3 year old duplex
structure which covers approximately (3,058) square feet.
Apartment consisting of two 2-bedrooms, 2-bathroom with private
Jacuzzi in master bath, spacious living and dining room, full service
kitchen, a laundry and utility room, foyer/hallway with linen and
storage closet. The property is fully secured by six foot plastic
coated chain-link fence runs along the side and rear and adjoins the
painted 4 foot wall, with 5 foot pillars at front with electronic gate.

ABACO Appraisal:


The property is 89 x 100 ft
and rectangular in shape.
The land is elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-

obld three bedroom, two
bathroom, living, dining,
kitchen and laundry room house. The structure requires much


Appraisal: $170,000.00

TTrapezium shaped lot 35
ft. above sea level
comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
area and porch.
(Building is in need of

EXUMA Appraisal: $673,075.00
The subject property is located
S on Kingway Road and is
Developed with an area of
20,000 square feet. Situated
W5 thereon is a residence
S comprised of 3,645 square feet
., of living accommodations,
S inclusive of 4 bedrooms,. 2
3. baths, with laundry and utility
spaces and a two bedroom one
t bath guest cottage of 600
square feet. The property is
fenced with white picket fencing and has a Gazebo at the highest portion
of the property.



Appraisal: $20,000.00

All that piece, parcel or lots 12571 and 12572, Bahama Sound of Exuma
10, total area of 20,000 square feet. Bahama Sound is a sudivision
situate at the southwestern portion of the Forest Estate between the
settlements of Southside and Richmond Hill, Great Exuma, Bahamas.

ELEUTHERA Appraisal: "[ 12,105.00
All that piece, parcel or lot of land 2,743 feet East of the nationon of the
Palmetto Point road and main Eleuthera Highway containir r?.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop
space and rest room facilities.




CM on "Real Estate Mall"

'Cick n Doorway

"Enter Online Store",

I I _T:II I ~vaI1~I ~aa

U 6 .I 0 0 ~ a U S CJII 1v wIIKr

P a 5 al- - -
Fax:36385 e b doP.BxN718RstaSre,



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0 0 r


To our Valued Clients please note our


ay, Wednesday
er 24, 25 and 26

I December 27

acember 28

?Monday ecember 31
,And T day, January 1

nesday, January 2
Nassau Chambers
Sassoon House
Shirle Street & Vicori A enuc ,
--, : -. -- .
POU Bo N .272 .* "*'.^ ,, ""*^ .":'
Nassau. Ne .F'ro idence. Bahama.,
i- .i "


Normal Business Hours

Closed at 100 pm


Normal Business Hours
Freeport Chambers
Thr First i'Lmmercial Centre
3rd Floor. Sunto 9
PO Bo F42533 .
Freepoir. Grand Bahami..Bahain ma
iTl 12421 351-'P41 Fai\ 242 3551'75
.l *. ... ....'_


Royal Fidelity Market Wrap


IT WAS a moderate week
in the Bahamian stock mar-
ket, with 55,755 shares chang-
ing hands. Fourteen of the 19
publicly traded companies
traded, with seven advancing,
six remaining unchanged and
one declining.
Commonwealth Bank
recaptured the position as vol-
ume leader, with 18,908 shares
changing hands, accounting
for 34 per cent of the week's
total volume. The bank's
share price continued its
upward soar, increasing by
$0.20 to close at a another new
52-week high of $8.40.
Other advancers in the
week were Famguard Corpo-
ration (FAM) and Finance
Crr/i\rntirn nf th a thnmon

-iorporaiLni UL Lij Uallalll
(FIN), which both increase
by $0.15 to close the week o

Have a blessed Christmas Season

Time is precious
so if you need to shop for home appliances
and electronics you may as well make it
a one stop shop kind of thing.

Here at Master Technicians now on Village Road
next to Best Buy Furniture we carry
the very best in home appliances and electronics
in a wide variety of top brand names.
We can outfit your entire kitchen, keep you tuned
into the latest electronic technologies,
control your home temperature and
provide you with cutting edge laundry solutions.
Our prices are affordable and our
payment options are flexible.

Plus, our team of courteous professionals
get as excited about your needs and wants as you do.
Why? Because we're Master Technicians
and we've been serving you for over 40 years!

Give us a call at
or visit us at our5

) 0 "m on Vile
im on Village Ri

Week ending 17.12.07

FINDEX 937.80 YTD 26.37%

AML.....................$1.55...................$-0.04.......4,500 .............154.10%
BAB........................$2.65............................$-.......3,060 ............... 112.00%
BBL........................$0.85 ...................... ......... ....6,500 .................11.84%
BOB .....................$9.60 .............................$-.......4,220 .................1 9.55%
BPF ..................... ................$11.65... . .... ..0 .................3.10%
BSL.......................$ 14.60 ............................$-.............0 .................. .00%
BW L.......................$3.66 ............................$- .......... 0...............109.14%
CAB....................$12.05 ....................$0.05.......2,011 ...............20.50%
CBL ........................$8.40 ......................$0.20 1.....18,908 ...............101.44%
CHL........................$3.1.........$- ....... ...1,407.................65.79%
CIB.......................$14.60.... .................$-.......3,500 ................... 3.18%
CWCB ..................$6.47 ....................$0.35..........403...............23.47%
DHS .....................$2.35 ....................$0.07.......1 ,000................6.00%
FAM .....................$7.10 ....................$0.1 5.......4,000 ...............22.63%
FC ........................ $0.74 ................... $0.01 .......1,380 ............... 34.55%
FCL ........................$5.59............................$-.......1 ,216 .................78.17%
FIN..................... $12.95 .................... $0.15.......3,650 ................7.74%
ICD .................. $7.25 ......................$-......... 0 ................... 1.40%
JSJ ................... $ 11.00 ............................$-.......... ....0 ....... ...... 7.91 %
PRE......................$10.00 .... ...................... .......... .00%

,ed at $7.10 and $12.95 respec-
ut tively.
Freeport Concrete Compa-
ny (FCL) released its audited
annual results for the year
ended August 31, 2007 this
FCL reported a small profit
of $78,000, up by about $2.1
million from the loss of $2 mil-
lion reported in the prior year.
Gross profits of the company
were up by $1.9 million due
to higher sales income (up
$161,000) and lower cost of
sales (down $1.8 million). Sell-
ing and general and adminis-
trative expenses remained
consistent with the prior year,
declining slightly by $187,000..
Freeport Concrete's total
assets of $7.2 million at
August 31, 2007, declined
from $574,000 in the prior
year, due to declining accounts
receivables (down $412,000)
and inventories (down
$467,000). Total liabilities of
$5.2 million also declined dur-
ing the year, with accounts
payable decreasing by
$625,000 and long-term debt
declining by $184,000. The
company ended the year with
an accumulated deficit of $5.3

Bank of the Bahamas
(BOB) released its first quar-
ter results for fiscal 2008 this
week. Net income at Septem-
ber 30, 2007, totalled $3.05
million, up $118,000 or 4 per
cent from the 2007 first quar-
Net interest margins
remained positive during the
quarter, consistent with the
same period in the previous
year, totalling $6.7 million.
Interest income increased
by 14 per cent, while interest
expense rose by 29 per cent
in comparison to the 2007 first
Non-interest income and
expenses increased by
$392,000 and $928,000 in com-
parison to the first quarter in
the previous year. Manage-
ment has attributed the
increase in the latter to costs

incurred, as the bank is on the
eve of implementing a new
banking platform.
BOB's total assets at Sep-
tember 30, 2007, were $659.6
million, while total liabilities
stood at $564.1 million. Both
cash/due from banks and cus-
tomer deposits were down in
the quarter by $8.2 million and
$5 million respectively.
However, these were coun-
tered by increased invest-
ments, other assets and other

Bahamas Waste (BWL)
released its third quarter
results of September 30, 2007.
The company reported a net
income from operations of
$882,000 at the end of the
third quarter, which was high-
er than the amount reported
for the same period last year
by $191,000.
Comparatively, gross profit
increased by $466,000 or 25
per cent, amounting to $2.4
million at the end of the quar-
ter. Growth in sales revenues
of 18.6 per cent outpaced the
increase in cost of sales of 15
per cent.
BWL's operating expenses
were $1.5 million at the end
of the quarter, compared to
$1.2 million at the end of the
2006 third quarter.
BWL's total assets f o$9f 2
million increased by $1.1 mil-
lion over the amount reported
at December 31, 2006, due pri-
marily to an increase in capital
assets, with capital expendi-
ture for the nine months
totalling $1.9 million. Total
liabilities increased by
$229,000 to total $886,000.

FirstCaribbean Internation-
al Bank (Bahamas) (CIB)
released its unaudited annual
results for the year ended
October 31, 2007, reporting
net income of $110 million,
and total assets and liabilities
of $4.6 billion and $4 billion
respectively at this date.
Net income of $110 million,
before dividends of $56.5 mil-
lion, was comprised of net
SEE page 9B

Pricing Information As Of:
Monday. 24 December 2007 C F A '"
I"qHoH,.- 06- YTD 383.93 / YTD % 22.90
52wk-HI 52wk-Low Securll y Prseious Close Today's Close Change Daily .'o EPS '1 D,. '. P E leld
1 66 054 Abaco Markets 1 5 1 55 0 l0 0 1-7 0.000 9.9 0.00'.
11.74 11.00 Bahamas Property Fund 11.65 11.65 0.00 1.502 0.400 7.8 3.43%
9.60 8.03 Bank of Bahamas 9.60 9.60 0.00 0.733 0.260 13.1 2.71%
0.85 0.70 Benchmark 0.85 0.85 0.00 0.188 0.030 4.5 3.53%
3.74 1.75 Bahamas Waste 3.66 3.66 0.00 0.289 0.090 12.7 2.46%
2.70 1.22 Fidelity Bank 2.65 2.65 0.00 0.058 0.040 45.7 1.51%
12.05 10.00 Cable Bahamas 12.05 12.05 0.00 1.030 0.240 11.7 1.99%
3.15 1.90 Colina Holdings 3.15 3.15 0.00 82 0.031 0.040 101.6 1.27%
8.40 4.17 Commonwealth Bank (S1) 8.40 8.33 -0.07 2,800 0.426 0.260 19.6 3.12%
7.22 4.74 Consolidated Water BDRs 6.47 4.92 -1.55 0.129 0.050 50.1 0.77%
2.60 2.20 Doctor's Hospital 2.35 2.35 0.00 700 0.316 0.020 7.4 0.85%
7,10 5.70 Famguard 7.10 7.10 0.00 0.713 0.280 10.0 3.94%
12.95 12.02 Finco 12.95 12.95 0.00 340 0.829 0.570 15.6 4.40%
14.75 14.15 FIrstCarlbbean 14.60 14.60 0.00 0.914 0.470 16.0 3.22%
6.10 5.18 Focol (S) 5.59 5.18 -0.41 1,000 0.359 0.140 14.4 2.70%
1.00 0.54 Freeport Concrete 0.74 0.74 0.00 0.017 0.000 43.5 0.00%
8.00 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.300 17.6 4.14%
11.00 8.60 J. S. Johnson 11.00 11.00 0.00 0.991 0.590 11.1 5.36%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1 167 0 600 8r R F00%
52wK.-il 52Hwk-LC, Symi"Do Bia ..1sk ,. La Prl.Pe Veekl, ..,l EPS i. LD. i PE Ield
14 60 14 25 Bar.amas SuDermarkets 14 60 15 60 16 0 1 lj,- 1 i l 1- 3 .1 1 "
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0.20 RND Holdin.s 0.35 0.40 0.20 -0.030 0.000 N/M 0.00%
41 00 41 00 ABDAB 41 OI., 4ii00 41 0, J 150 '_, 70 .
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1.160 1.125 13.4 7.71%
055 0 40 RND Holdings 0 45 0 55 0 -5 .' o *. N, /M 0.00%
MillMEMIEWWi13 M F A a ated untp Fundi'
52wk-HI 52wk-LOW Fund Name NA ., FTD : Last 12 l.1orth DI. 2 ,ol.I
1.3679 1.2983 Colina Money Market Fund 1.367868*
3.5388 2.9728 Fidelity Bahamas G & I Fund 3.5388***
2.9902 2.4723 Colina MSI Preferred Fund 2.990218*
1.2827 1.2037 Colina Bond Fund 1.282687*
11 8192 11 3075 Fideiity Prime income Fund 11 8192""
." ,:<' ",l'. ':!,Npl~r 6aB ed3s;.2 I/ Y1'D 26A.3% 1 2006 34.47%
BtiX ALL SHARE INDEX 19 Dec 02 = 1,000.00 MARKET TERMS YIELD last 12 month dividends divided by closing price NAV KFY
52wk-Hl Highest closing price In last 52 weeks Bid $ Buying price of Colina and Fidelity
52wk-Low Lowest closing price In last 52 weeks Ask $ Selling price of Collna and fidelity I 11 Docoltoer 2007
Previos Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price 3. 30 June 2007
TodBy'e Close Current day's weighted price for dally volume Weekly Vol. Trading volume of the prior week "" 31 Octobol 2007
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 nmths .. 31 July 2007
ODity Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful
P/E -Closing price divided by the ast 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100
8) -4-for-1 Stock Split Effective Date 8/8/2007
81) 3-for-1 Stock Split Effective Date 7/11/2007
(24) 4-

NOTICE is hereby given that MONIKA ZEIDLES OF P.O. BOX
SS-6332, PARADISE ISLAND, BAHAMAS, is applying to the
Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and,
that any person who knows any reason why registration/.
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 20TH day of DECEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, Bahamas.

Three(3) fully equipped operatories
located in large multispecialty
ambulatory clinic in
Freeport, Grand Bahama.

Available for immediate occupancy for
full-time or sessional dental practice.


Ms. Kaijanna Lockhart

Phone: 242-373-7400





FROM page 8B
interest income of $147 mil-'
Interest income of $288 mil-
lion increased in comparison
to last year by $43 million or
18 per cent, while expenses
were up by $50 million or 55
per cent.
The bank reported higher
operating income of $32 mil-
lion (inclusive of a curtailment
gain of $8.7 million) and loan
loss expense of $12 million in
comparison to the prior.year,
but operating expenses of $57
million declined.
Total assets increased by
$202 million from year-end,
due primarily to higher invest-
ment securities being held,
which increased by $328 mil-
The increase in total lia-
biltiies of $153 million resulted
from higher deposits of $127
million over the year.

BAB has declared dividends
of $0.02 per share, payable on
December 21, 2007, to all
shareholders of record date
December 17, 2007.

BBL has declared a special
dividend of $0.02 per share,
with $0.01 being payable on
December 31, 2007, and $0.01
being payable on March 31.
2007, to all shareholders of
record date December 21,

CAB has declared dividends
of $0.06 per share, payable on
December 31, 2007, to all
shareholders of record date
December 14, 2007.

CIB has declared dividends
of $0.25 per share, payable on
January 7, 2008, to all share-
holders of record date Decem-
ber 28, 2007.

CBL has declared divi-
dends of $0.04 per share,
payable on December 31,
2007, to all shareholders of
record date December 14,

FAM has declared special
dividends of $0.04 per share,
payable on December 21,
2007, to all shareholders of
record date December 17,

Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If so, call us on 322-1986
and share your story.

Legal Notice

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, PORCA MISERIA S.A. is in dissolution as of
.December 24, 2007.

International Liquidator Services Inc. Situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is the


Royal Island (Bahamas) Limited


Royal Island (Bahamas) Limited, the developers of the
Royal Island resort and residential project at North Eleuthera
invites suitably qualified individuals to apply for the
following positions with the company:

Spa Manager
Must have at least 5 years experience in all aspects of
spa therapies.
Experience with and knowledge of local spa and beauty
A commitment to service at the highest level.

Yoga Instructor/Fitness Club Instructor
Must have experience in fitness club industry.
Qualified yoga instructor.
Experience in the tourism field a plus.

Sous Chef
Must be able to prepare 5 star French cuisines in an
island atmosphere.
Must have experience in a 4 or 5 star small boutique
restaurant environment.
Commitment to service at highest level

A la Carte Waiter
Must have at least 5 years experience as a waiter in a
fine dining atmosphere or highly regarded restaurant
Knowledge of French inspired cuisine a plus.
Commitment to service at highest level.

Must have 5 years experience in a 4 or 5 star hotel or
cocktail bar.
Must have extensive knowledge of cocktails and wine
Experience in dealing with high level clientele.
All positions require successful applicants to reside at
North Eleuthera.
Interested persons should submit their resumes with cover
letter t(.:
Harcourt Management Services Ltd.
P.O. Box N-1991
Nassau, Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com
Royal Island (Bahamas) Limited thanks all applicants for
their interest, however only those under consideration will
be contacted.





Crude Oil



% Change

% Change


S & P 500



Legal Notice

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
dissolution as of December 24, 2007.

International Liquidator Services Inc. Situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is the


Legal Notice

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
dissolution asWof Nomember 12, 2007.

MIKHAIL SKVORTSOV, citizen of Russia, born
on 21.09.1983 holder of passport 62No.8565181 of
E22, 28 Guildhouse Str., SW1V-LJJ London, UK is the


AAAm Rated
The conservative cash management solution
for institutional investors.
With superior rates and daily liquidity,
the LOM USD Institutional Money Market Fund
is a smart alternative to cash and "CD's".

1 Month 4.50%*
1 Year 5.01%*
h*.fl luM o......d a N.o.mrler 0(. or7

Minimum Investment Required.
Safeguard Your Assets with LOM Asset Manogement.
To contact an tOM Represeanttiv, please calls
(242) 323-0032

LOM Securties (Bahamas) Limited
Ceotr of Ccommerce, 1 ay Strst, Suits 309
P.O. Bsx CB-12762/S52 Nassau, Baimas
P.st perfwmese Is t s emMrdly I.ldtr of hsw. prf"irmsn. A dm..ide pwp e t-s v*emllUth
ItO kSdmrit (ltslmUii) altM d ,is )akmd V e SrbliiJW Cgalwtgl *of W .

The American Embassy is presently
applications for the following:

Senior Management Assistant

Serves as the Senior Assistant to the Managclncn:
Officer; ICASS Coordinator; Managcmnct
Technologies Coordinator and Administrative

This position is open to candidates with the
following qualifications;

A University degree in administration,
finance business administration or
Five years of experience in general
administrative work.

Must demonstrate strong computer skills.
including facility with Microsoft office Suite.
data based programs and population of web
pages, and familiarity with other electronic
Must have experience with budgeting and
event planning
Must be able to work independently, display
good people skills and have strong tact and
diplomacy skills
Must be fluent in English, both spoken
and written, and be able to prepare clear and
concise briefing papers, letters, etc.

The successful candidate will be offered an excellent
compensation package including performance-based
incentives, medical and dental insurance, life insurance.
pension and opportunities for training development.

Applicants must be Bahamian citizens or U.S. citizcns
who are eligible for employment under Bahamian laws
and regulations.

Application forms are available from 8:00a.m. Lo
5:00p.m. Monday through Friday at the security area
of the American Embassy, Queen Street. Completed
applications should be returned to the Embassx
addressed to the Human Resources Office no later than
Friday, January 11, 2008.
.. r~ ;








C, Tribune Comics



MARVIN *u*-S"*"








Contract Bridge

By Steve eder

Reversal of Fortune

North dealer.
North-South vulnerable.
4K 108
*Q 1072



+AKJ 109
The bidding:
North East South West
1 + Pass 24 Pass
34 Pass 4 NT Pass
5 Pass 74
Opening lead jack of hearts.

The play that is probably over-
looked more often than any other is
o0 0 the dummy reversal. It seems that
nearly everyone who plays the game
has a built-in blind spot that makes
the dummy reversal very difficult to
Admittedly,- South's decision to
bid a gland slam was rather specula-
tive, but it must be conceded that a
seven bid is very tempting. Once
4 there, however, South should natu-
Srally try to find the line of play most

|( Calvin & Hobbes


I 1__5P_ I.


likely to succeed, his only real con-
cern being a diamond loser.
He can, of course, attempt a heart
finesse on the opening lead and get
the agony over with quickly. But this
has at best only a 50-50 chance of
success, even if West is the type of
player who might lead away from a
king against a grand slam.
But there is a far better chance to
make the contract if the missing
trumps are divided 3-2, which occurs
in about two deals out of three. The
key is to get the greatest possible
mileage out of the trump suit
The desired goal, peculiarly
enough, is to discard the eight of dia-
monds on one of dummy's trumps, a
great trick if it can be done and it
can be!
The heart jack is taken with
dummy's ace, and a heart is ruffed
with the jack. A low spade to the
eight is followed by a heart ruff with
the queen. Next comes the nine of
spades to the ten and a third heart
ruffwith South's last trump, the ace.
A club to the queen allows
dummy's king of spades to draw
East's last trump as declarer discards
his diamond loser. South's last five
cards are the diamond ace and four
clubs, and the grand slam is home.
All told, declarer scores dummy's
three trumps, three ruffs in his hand,
the two red aces and five clubs to
come to 13 tricks.

Ib only of "W

R D1T Dictionary

HOW many words of four letters
or more can you make from the
letters shown here? In making a i
word, each letter may be used
once only. Each must contain the b
centre letter and there must be at
least one nine-letter word. No .c I
Good 27; very good 40; excellent
54 (or more). Solution tomorrow.


3 Start spending money just for a
prank (5)
8 A puzzle of graphic significance (5)
10 On the side of justice (5)
11 Food to go to one's head? (3)
12 Like a new start with a new love (5)
13 Scrap a half-dead funny story (7)
15 Golf possibly seen as a natural
heritage (5)
18 Dine in the attic (3)
19 Moaned for a change of place (6)
21 Possibly train as a skilled
22 As starred in a Harrison
Ford film (4)
23 Superman's nice wavy
hair? (4)
24 The unreliable one of the pair? (7)
26 Confronts wild bears around the
capital of Venezuela (6)
29 Short engagement, whichever way
you look at it (3)
31 She takes Poles around
the States (5)
32 Final location of a
distinctive arch (7)
34 Rod, joined by dad in a
conference (5)
35 Cairo's aviation centre (3)
36 Charge for cutting the
rude bit? (5)
37 Took steps to get shot,
38 Look for a rhyme for echo (5)

Yesterday's cryptic solutions
ACROSS: 8, Lo-cat-es 9, Full-faced 13, Right 14, Abjut 15,
Re-Dr-aft 16, For-give 17, Sh-in-e 18, Not on 20, Shrug 22,
Sold(l)er 23, Barred 25, Know-how 27, M-isle-ad 30, Pro-fit
31, Clutch 32, Sto-O-135, Lin-da (rev) 36, Over-(I)t 37,
An-l-see-d 39, Ti-rade-s 41, Ro-os-t 42, Serge 43, Un-feeling
44, Fr-aught.
DOWN: 1, Co-ugar 2, Rattling 3, Pet a-version 4, Curt-aileD
5, B-L-arney 6, Garden wall 7, V-era 10, D-rifts 11, Cons-ole
12, Stoned 19, To-RN-a-do 21, Run down 24, Night attire 26,
Wait and see 28, Blue-print 29, Stati-on 30, Pi-lots 32,
Spin-s out 33, Lod-ge-s 34, C-on-sult 38, Ear-thy 40, Ring.

1 Revolting fellow (5)
2 Horses in a state of unrest when hot
4 A device used by the unemployed (4)
5 State of a piece of work that's gone
wrong (6)
6 Given a place in the cabinet (5)
7 She points to Charlie, say (5)
9 Raise an advance for a vehicle (3)
12 Are there not ten ways to get ideas?
14 There's a "water" one in the
Euphrates (3)
16 Not even up to the end of NovemberI
17 He's short, say about a millimetre (5)
19 He can organize some gear for a
chap (7)
20 In a way, able seamen can be
lubbersl (5)
21 Regions of the new era for the Anglo
Saxon (5)
23 A girl gets home, to disadvantage
24 Various ways to make tea with body
25 A well-known name in ski
manufacture (3)
27 He lays down the law where the line
is to be drawn (5)
28 Figures out Ali as quite OK (5)
30 Goddess of nameless cereals? (5)
32 Little over a kilo for a time (4)
33 Enlightened some politicians (3)

jYesterday's easy-crossword solutions
ACROSS: 8, Reveals 9, Appalling 13, Equip 14, Usher 15,
Visible 16, Contact 17, Cuffs 18, Farce 20, Large 22, Icebo:
23, Worthy 25, Minimum 27, Dead end 30, Robust 31,
Normal 32, Tread 35, Sewer 36, Argon 37, Bullion 39,
Apricot 41, Trust 42, Roast 43, Notorious
44, Nostril.
DOWN: 1, Return 2, Keepsake 3, Illustrious 4, Apart from
Harvest 6, Flash flood 7, Snub 10, Pencil 11, Chicken 12,
Remedy 19, Retinue 21, Rainbow 24, Bellybutton 26,
Instructor 28, Forgetful 29, Ominous 30, Rascal 32,
Tolerate 33, Donate 34, Gastric 38, Italic 40, Roof.

3 Vapour (5)
8 Exclude (5)
10 Fur (5)
11 Help (3)
12 Hollows (5)
13 Lured (7)
15 Former empire (5)
18 Fish (3)
19 Dog-like (6)
21 Unaffected (7)
22 Indifferent (4)
23 Present (4)
24 Old ship (7)
26 Turns aside (6)
29 Spoil (3)
31 Model (5)
32 African country (7)
34 Polite (5)
35 Number (3)
S 36 Obscure (5)
37 Essential (5)
38 Allude (5)


n 5,

1 Intended (5)
2 Fundamental (7)
4 Bound (4)
5 Of the stars (6)
6 Stone-worker (5)
7 Wash (51
9 Section (3)
12 Subtracts (7)
14 Bed (3)
16 Collier(5)
17 At no time (5)
19 Burnt sugar (7)
20 Discard (5)
21 Observes (5)
23 Blasphemer (7)
24 Pace (6)
25 Male (3)
27 Material (5)
28 Happen again (5)
30 Trite (5)
32 Team (4)
33 Obtain (3)

DEC 27

ARIES March 21/April 20
You'll learn about a relationship
that could positively be a success on
Tuesday, Aries. Keep your eyes
open; opportunities abound.
TAURUS April 21/May 21
Don't worry too much if you're feel-
ing out of the loop this week; you're
really not missing anything. Although
it may be hard to believe, everything
is just as it should be.
GEMINI May 22/June 21
Conflict is in the air, and you would
do well to avoid if this week,
Gemini. It's not a question of what
others may do, but of what you
might say during an argument.
CANCER June 22/July 22
The rewards could be phenomenal if
you're more outgoing this week,
even though it's against your nature.
Take a chance and trust yourself for
a change.
LEO July 23/August 23
You need something to challenge
you, Leo, and this week you'll
encounter some opposition on the
business front. Think carefully
before you act there are long-
term implications to consider.
VIRGO Aug 24/Sept 22
Others will try to take advantage of
your talents for their own ends this
week, especially at work. Stand your
ground they'll admire you for it.
LIBRA Sept 23/Oct 23
You'll be tempted to go to extremes
to conquer your fears this week,
Libra. Seek the advice of friends
and relatives before you do anything
rash. Capricorn plays a role.
SCORPIO Oct 24/Nov 22
Effective immediately, the spending
spree is over, Scorpio. Now's the
time to think about your future and
take stock of your finances. A
romance heats up by the weekend.'
Although business relationships will
frustrate you this week, don't let
your emotions get the better of yoh.
Focus your thoughts on the week-
end, which promises new romancer
CAPRICORN Dec 22/Jan 20
You've been holding in a lot of
things over the past few weeks,
Capricorn, but now is the time to "let
it all hang out." You can't continue
to shoulder it all forever. Make time
for your emotional health.
AQUARIUS Jan 21/Feb 18
Teamwork is a must this week,
Aquarius, even if you'd rather go at
it alone this time around. You might
even enjoy it if you relax a bit.
PISCES Feb 19/March 20
Someone you've had doubts about
will at long last prove that he or she
doesn't have your best interests at
heart. It smarts a little, but ending
this relationship really is for the best

C SO -yL n d. Oa en

Alexander Onischuk v Magnus
Carisen, Armageddon game, Biel
2007. At age 16, Carisen is already a
chess legend and his stellar
reputation gained a fresh boost at
Biel this summer where the
Norwegian schoolboy won
Switzerland's elite grandmaster
tournament. Victory only came
after a hard fight, though. Carisen
lost twice in a row in the
tournament proper but won a key
final round battle to share first with
Onischuk, a former Soviet GM now
ranked number two in the United
States. Their four-blitz tiebreak
games were all drawn, so it was
down to Armagedd6n. What's that?
White has three minutes on the
clock, Black four minutes, for all the
moves, but a draw on the board
counts as a win for Black on the
score chart. They used to call it
sudden death but Armageddon


1 *1

4_ -- ----!


a b c d f g h
sounds more picturesque. Carisen
didn't bother to rely on his draw odds
or extra minute but went for the kill in
an impressive all-out attack, finally
reaching today's puzzle diagram. How
does Black (to move) win the game

Chess: 8506:1...Qxgl+! 2 Kxgl d2 3 Qh5 Bc2l and
White resigned as Black makes a new queen.

I I I ~

-- I I




Minister intervenes in new

Morton Salt lay-off controversy

FROM page one

for three days, beginning in Janu-
ary and ending in March".
Mr Ferguson said: "We thought
the three day work week was rea-
sonable, in light of the rainfall.
The reason the company took the
new position is simply that the
company wants us to agree to an
irrevocable supplemental agree-
"I suppose nothing will happen
now until we have these meetings
with the Minister in the New Year.
Once we meet in the New Year,

I'm very hopeful the parties can
deal with what the issues are and
be up front."
Differences over whether a sup-
plemental agreement dealing with
reduced work weeks/lay-offs
should be signed before or after
the original July 2007 industrial
agreement is registered have been
the main source of division
between Morton Salt and the
union for the past several months.
Mr Ferguson and the union
have taken the position that the
priority is to have the original
industrial agreement registered
with the Industrial Tribunal, so

Bacardi releases

first 38 workers

FROM page one

ardi had been working with its employees to secure other job oppor-
tunities within the Bacardi Group or outside the company.
Employees from senior management to hourly workers and admin-
istrative support have been taking advantage of, and participating in,
the numerous employment outplacement services and activities offered
by the company," she said.
"Since the beginning of September, Bacardi has been hosting sessions
- conducted by certified practitioners for its employees including
resume writing, interviewing skills, managing change, stress and anger
management, lifestyle changes, financial planning, job fairs and various
individual and group counselling sessions.
"In fact, in late November, our employees had the opportunity to
attend a job fair on-site. We will continue to be very aggressive in offer-
ing this assistance during the remaining phase of the closure."


The Chambers of


Counsel & Attorneys-at-law
#9 Rusty Bethel Drive
Nassau, Bahamas
Will Be

For the Holidays
from Monday, the 24th December, 2007
re-opening on Thursday, 3rd January, 2008

that it is in compliance with the
Industrial Relations Act.
Negotiating a supplemental
agreement, they are arguing,
before the original is registered,
would be tantamount to Morton
Salt re-opening negotiations.
Yet in a December 22 memo,
Glen Bannister, Morton Salt's
managing director, said the com-
pany would have agreed to a
reduced three-day work week if'
the union had signed up to four
These were:
The union agreed with a
salary advance from the compi-
ny, and for its members to take
all vacations in January-February
The union agreed to a varia-'
tion of Article 21 in the industrial
The union would agree t'f
irrevocably undertake to sign and
register the supplemental indus-
trial agreement
The union and company con-
firm that any moves towards, and
the institution of, a reduced work
week, would not breach the indus-
trial agreement.
Yet Mr Bannister said the union
did not agree to the last two con-
ditions, leaving Morton Salt with
only one option, which was the
three-month lay-offs.
Morton Salt's position is that
the supplemental agreement must
be signed and negotiated before
the July 11 agreement is filed with
the Industrial Tribunal, as it "has'a
situation now that has to be dealt
with. It can't wait".
It wants a supplemental agree-
ment attached to the existing'
agreement dealing with lay-offs
and redundancies.
Mr Ferguson previously said the
union objected to the "irrevoca-
ble" nature of the supplemental
agreement that Morton Salt was
seeking, as this meant that the
clause related to lay-offs would be
set in stone, and could not be
changed during negotiations on'
future industrial agreements.
Yet The Tribune was told this
was not correct, and Morton Salt
was merely seeking something in'
writing so that neither party could
renege on or sue the other over
whatever deal was struck. '
Mr Ferguson reiterated to The--
Tribune on Christmas Eve that
the original industrial agreement
had never been registered because
the Industrial Tribunal told the
union and Morton Salt on August
7,2007, that the two sides need to
amend certain parts to bring it into
compliance with the Industrial
Relations Act.
He added: "There is no provi-

sion under the Industrial Relations
Act for the registration of a sup-
plemental agreement by itself. The
original agreement has to be reg-
"The difficulty we are having is
that the demands made are not
reasonable. We are at a loss as to
where we stand in this whole sce-
nario. We thought the reduced
work-week request by the com-
pany was a reasonable one. I
talked to the workers and officers,
and persuaded them to go that
route, and now we are faced with
something else.
"They [Morton Salt] are not sit-
ting down with the union and dis-
cussing things in detail. It's not the
way to conduct business in terms
of industrial relations.
"They are asking the union to
sign something that is not worth
the paper it is written on. As a
lawyer, I can't advise my client to
do something legally that makes
no sense."
The issue of lay-offs tempo-
rary or otherwise has been a 'hot'
one at Morton Salt for several
months, given that the unusually
heavy rainfall experienced by
Inagua this year, even prior to
Tropical Storm Noel, had melted
the salt cake in the company's
pans and left it looking at running
out of salt to harvest by the end of
Morton Salt's 2007 production is
likely to be just 500,000 tonnes,
some 40 per cent of the normal
1.2 million tonnes, "a tremendous
The Tribune previously report-
ed that as a result of the five to
six inches of rain that fell
August, instead of
inch salt growthi,.ich
translated mno 300.000
harvesting, Morton Salt saw
growth of only 1/5 of an inch.
Only 60,000 tonnes was grown
and harvested in August, a short-
fall of 240,000 tonnes.
Inagua's economy is heavily
dependent on Morton Salt, which
employs 60 per cent of its work-
Morton Salt's line staff num-
bers around 105, of which the
union represents 85. The company
also employs 26 managerial staff,
making its total workforce com-
,plement 130-strong.

The Partners and staff




extend Happy Holidays to all.

Please be advised that our offices

will close for the holidays


Friday, 21 December 2007

S at 5:30 p.m.

E y., . .Jaa

Wednesday, 2 January

at 9:00 a.m.


Core Responsibilities:

* Provides support and maintenance of core applications and
database infrastructure.
* Assists with documentation and maintenance of technical
standards and operations.
* Troubleshoots system and application problems, including
issues and servers.
* Reviews and tests technologies for potential purchase by
researching computer industry information.
* Interfaces with all staff and IT vendors in carrying out duties.
* Performs application installations and configurations,
preventative maintenance and repairs.
* Executes, coordinates and assists in the implementation of
new technologies.

Knowledge Skills and Abilities:

* Advanced knowledge of Oracle 8 a must (SQL 2003 and
Microsoft Access a plus) to manage and Support Central
Database Systems.
* Advanced knowledge of AIX Unix 5.0 and various Windows
operating systems to provide help desk support and to
troubleshoot end-user and back office systems.
* Knowledge of networking, especially protocols in use by
company to troubleshoot and rectify the sources) of network
* Analytical and problem-solving skills to assess issues and
technical information, examine alternatives, and use judgment
to provide reasoned recommendations.
* Must be open to new technology and ability to problem solve
in support of the network and central database systems.
* Bachelor of Science degree in a computer-related field, industry
standard network certifications required, plus two (2) or more
years of proven network systems experience.

Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes dental
and vision) and life insurance; pension scheme.

Interested persons should apply no later than December 31st,
2007 to:
DA #04445A
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas





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