Citation
The Tribune

Material Information

Title:
The Tribune
Uniform Title:
Tribune (Nassau, Bahamas)
Portion of title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Copyright Date:
2008
Frequency:
Daily, except Sunday
daily
normalized irregular
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )

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Full Text
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Did to resurrect mother

Family pray and fast
with body for nine days
before police called

@ By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

AFTER holding a nine-day
prayer and fast vigil to “raise their
mother from the dead” a Grand
Bahama family called police to
her home after their resurrection
bid proved fruitless, police said.

~Police-in-Grand Bahama dis-
covered the badly decomposing
body of 85-year-old Florence
Ophelia Russell around 11:45 am

on Friday after investigating
reports of a “foul odour”, ema-
nating from apartment six at Fal-
ston Apartments! on Indiana
Lane, Bahama Reef.

Central Detective Unit and
Lucayan Division officers were
met by a 56-year-old male who
said his diabetic mother occupied
the apartment.

He reportedly told police his
sick mother died in her home.on
March 27, but instead of calling

SEE page 12

THE FLAMES destroyed the roof of the building

Blaze at rectory where Archdeacon
Thompson was fatally wounded

FIREMEN were last night fighting a blaze which swept through the rec-
tory where Archdeacon William Thompson was fatally wounded by a bur-



glar eight years ago.

Flames destroyed the roof of the century-old wooden building in Mar-
ket Street which was once home to a long succession of Anglican priests.
A witness told The Tribune: “The damage is extensive - the second floor

was virtually destroyed.”

SEE page 12



-Day



eee

Southern Caribbean

Rodney Moncur



Global claims
_govt demands for
duties, taxes part
of ‘attack’ on CEO

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE government’s demands for

_ outstanding customs duties and tax-

es from Global United Limited are
part of a “relentless” politically moti-
vated “attack” on Global CEO Jack-
son Ritchie, the company claimed
yesterday.

In a statement forwarded to The

Tribune from representative Philip ”

Galanis, Global United responded to
comments made by Minister of State
for Finance Zhivargo Laing in Sat-
urday’s Tribune about the shipping
company’s outstanding payments to
the government.

The statement acknowledged that
Global United owed the government
money but said the company had
made efforts to resolve the matter
and questioned the motivation
behind Mr Laing’s public statements
on the issue.

“Global acknowledges that there
is an issue with respect to outstand-
ing payments that are due. In an
effort to resolve this issue, Global
wrote to the Comptroller of Cus-
toms with a proposal to resolve this
matter, which was rejected by the
Ministry of Finance. The company
hopes that it will be able to resolve
this issue in the not too distant

SEE page 12

a a





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yee

PRIME MINISTER Hubert Ingraham speaks at the summit.
PM: we will carry out death
penalty if court determines it

PRIME Minister Hubert Ingra-
ham, while attending Saturday’s
special Heads of Government
Summit on crime in Port of Spain,
Trinidad, reiterated that the death
penalty will be carried out in the
Bahamas.

“Nearly all countries in the
Caribbean have the death penal-
ty as the ultimate punishment in
murder cases,” noted Prime Min-
ister Ingraham.

“Speaking for myself and the
Bahamas we have a number of
appeals pending and should the
appeals court determine that the
sentence of death may be carried
out, we intend to do so,” he told
BBC Caribbean.

Mr Ingraham, who is also cur-
rent chairman of Caricom and the

.

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Conference, was reportedly
“insistent” that is the position of
his government notwithstanding
whatever is said by European
countries and United Nations.

During his address to the body,
Mr Ingraham said the region is
challenged on several fronts with
the rising cost of living triggered
primarily by the high cost of fuel,
the instability in global financial
markets and the tightening cred-
it situation.

“The weakening global econ-
omy has already begun to impact
our tourism sectors. We continue
to be challenged by the fallout
from uncontrolled economic
migration and the illegal traffic

SEE page 12

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Minister of
State ‘conflict of
interest’ claim

lm By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

FORMER Minister of Trade
and Industry Leslie Miller has
lashed out at Minister of State
for Utilities Phenton Neymour,
claiming his position is a “clear
conflict of interest” due to his
previous employment with fuel
giant Esso. '

Mr Miller again challenged the
minister to reduce current mark-
up margins for retailers and
wholesalers of fuel to curtail the
“exorbitant” prices of gasoline.

Mr Miller - who has recently
been very vocal on gasoline issues
after prices at Esso stations
climbed to $5 a gallon in New
Providence - claimed the minister
will not reduce current margins
because his loyalty lies with the
oil companies and not with the
Bahamian people.

These margins are mark ups,
not taxes as The Tribune previ-
ously reported, and should be
lowered by the government to
cut steep gas prices, Mr Miller
argued.

In his defence, Minister Ney-
mour labelled the claims as
“ridiculous”, adding that he had
cut all ties with Esso and his alle-
giance lay with his country.

Said Mr Miller: “First of all this
man should never have been
made minister responsible for
petroleum...there is a direct con-
flict of interest with having him
now be responsible for these oil
companies when he was embed-
ded with them for the last ten
years. Who is his loyalty going to
- you, me or them?”

Minister Neymour brushed off
the assertions and raised issues
of conflict of interest involving
the former minister.

»... “Mr Miller needs to under-

stand that in addition to my hav-
ing worked for Esso, I also
worked for the Water and
Sewage Corporation which also
falls on my portfolio. I was elect-
ed as the member of parliament
for South Beach (and) that is
where my allegiance lies...to my
country and not a foreign oil enti-
ty.
“I consider Mr Miller’s com-
ments about a conflict of interest
as ridiculous...I think (he) needs
to look closely at others when he

‘talks about conflict of interest,

particularly when he was in
office.”

Mr Neymour added: “I do not
view my previous employment as
a conflict in any way, because I
have no ties whatsoever with my
previous employer, which is Esso.
I think my past experience assists
myself and assists the government
in bringing some experience to

SEE page 12



















PAGE 2, MONDAY, APRIL 7, 2008

t

THE TRIBUNE

EE ee es
Awakening ‘the Andros farming giant’

armers hear of

move to create
agri-industrial and
greenhouse park _

VETERAN farmer Caleb Hepburn makes a point to Bahamas Agricultural and Industrial Corporation chairman Edison Key during a meeting with
North Andros farmers last weekend.

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BAHAMAS Agricultural
and Industrial Corporation
(BAIC) wants to establish an
agri-industrial and a greenhouse
park in North Andros, farmers
have been told.

BAIC executive chairman
Edison Key met with farmers
last weekend to discuss the gov-
ernment’s thrust in food securi-
ty.
His team included BAIC gen-
etal manager Benjamin Rah-
ming, deputy general manager
Don Major, assistant general
manager Arnold Dorsett, Advi-
sory Commission on Agricul-
ture chairman Mark Stubbs,
and agriculturalist Dr Leroy
Santiago.

Mr Key said BAIC had iden-
tified some 500 acres which are
to be divided into two-acre
blocks and leased to persons
needing land on which to set up
and operate their businesses.

“We want to stimulate and
increase production through the
use of techniques like green-
house farming,” Mr Key told
them.

“Once you have mastered the
art of greenhouse farming, then
hotels, food stores, restaurants
and households will have fresh
fruit and vegetables virtually all
year round.

“That will cut away substan-
tially at the excuse for importing
much of the food products
which we now do since we
would be producing them right



here. Those hundreds of mil-
lions of dollars we use to import
food can go directly into your
pockets.”

An additional 300 acres of
pasture land in North Andros
is to be sub-divided into smaller
blocks and made available to
livestock farmers, said Mr Key.

“BAIC wants farmers to have
access to the best agricultural
practices,” he added.

“To that end we will bring in
the necessary technical exper-
tise if we have to.

“We intend to acquire 20-foot
and 40-foot refrigerated con-
tainers to transport your pro-
duce fresh on the inter-island
ferry services.

“I see Andros as a sleeping
giant waiting to be awakened
to the lucrative world of food
production. .

“To accomplish that would
open opportunities never before
dreamed of.”

He said the prime minister
had given the go-ahead to make
agriculture a success.

“As a nation we must be seri-
ous about food security,” he
added.

He appealed to graduates of
the acclaimed North Andros
High School agriculture pro-
gramme to “take full advantage
of this ready-made opportunity
for you to apply all those tech-
niques you were taught and
earn some good money doing
so.”

Share
your
news

The Tribune wants to
hear from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for
a good cause,
campaigning for
improvements in the area
or have won an-award.

If so, call us on 322-1986
and share your story.

Uae
EXTERMINATORS
aU gy as)
PHONE: 322-2157





THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 3





© In brief

Six in custody —
followinga
firearm arrest

SIX people, including
four juveniles, are in ;
police custody followinga_
firearm arrest in Wulff
Road yesterday.

Officers from Southern
Police Station were on
patrol near Jiffy Cleaners
on Wulff Road and East
Street around 1.35am
when they stopped a blue
1996 Audi for having no
rear lights.

A search of the vehicle
revealed a .357 handgun
with six live rounds of
ammunition.

Two male occupants
(one adult, the other a
juvenile), and four female
occupants (one adult and
three juveniles) were
arrested and are in police
custody, ASP Evans said.

Port Authority
buyer makes
assessments

A POTENTIAL Grand
Bahama Port Authority
(GBPA) purchaser is financ-
ing economic and manpower
impact assessments to deter-
mine the impact its proposed
plans for Freeport would have
on the city and the wider
Bahamas, as it moves to cre-
ate a strategy document called
Grand Bahama, 2020 and
beyond.

Roddie Fleming, head of
private equity/private wealth’
management firm, Fleming
Family & Partners, has hired
Freeport-based Global Fulfill-
ment Services (project man-
agers and development strate-
gists); NERA Economic Con-
sulting (a global firm of con-
sulting economists with 600
professionals in 22 offices
across the world) and Human

Capital. Transitions in.Nassau, i ;

(manpower development spe-
cialists) to conduct the studies.

The NERA project leader,
Dr David Harrison, is one of
the top development econo-
mists in the world. Based in
Boston, he has nearly 30
years’ experience as an econo-
mist and lectured at the John
F. Kennedy School at Har-
vard University for more than
a decade before joining
NERA.

Dr Michael Rolle and Dr
Olivier Saunders, of Human
Capital Transitions, are work-
ing closely with the NERA
team and with Global Fulfill-
ment Services. |

Discussions have begun
with key business and commu-
nity leaders and organisa-
tions.. To date, these have
included Ginn, UBC, Vopak
Bahamas (formerly Borco,)
Grand Bahama Marina Vil-
lage, Kelly’s, Discovery and
others.

This process will be used to
generate a new, revised ver-
sion of the strategy now called
“Grand Bahama, 2020 and
Beyond.”, This will be made
available for public input from
the people of Grand Bahama,
in particular, in a series of
open town meetings before
being finalized.

Fleming said its team had
identified that there was not
so much an “unemployment”
problem on Grand Bahama,
going forward, as one of
“under-employment”. Grand
Bahama’s economy, with its
focus primarily on the har-
bour, a range of modestly suc-
- cessful or failed tourism prod-
ucts and government, had led
to a situation where many
Grand Bahamians are
employed well below their
vocational potential.

Many people now
employed as clerks or dock-
workers might, in a more
sophisticated economy, have
been educated as lawyers,
accountants, engineers or
highly skilled technicians,
Fleming said. It was common,
it added, to find people who
started post-school studies,
only to have to stop for lack of
funds. Others with advanced
university education had to
accept relatively unskilled
positions because the island’s
economy simply did not sup-
port positions that require
their skills. Many of the
island’s most promising young
graduates had moved to more
sophisticated markets over-
seas.

Fleming said the strategic
economic and manpower
assessment excluded the
impacts of the Freeport Con-
tainer Port expansion because
Hutchison Whampoa was
unable to meet with the team
or provide any information.

Three men in hospital
fter stabbings in brawl

@ By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THREE men are in hos-
pital nursing stab wounds
following a brawl in the area

of Armstrong and

Dowdeswell Streets on Sat-
urday, police said.

Asst Supt Walter Evans
said that, around 5pm, a
crowd had gathered on
Armstrong and Dowdeswell
Streets when a fight broke
out.

Three men were injured
and taken to hospital.

A 25-year-old man from
Gibbs Corner was stabbed
in the back and is in serious
condition.

The victim's brother,
whose age is unknown,
received a minor stab injury
to the back and stomach,
ASP Evans reported.

A third man, a 25-year-
old resident of Taylor
Street, was also stabbed to
the chest area. He is in hos-

_pital where his condition is

listed as not life threaten-
ing.

Police are questioning a
29-year-old man from Wil-
son Tract in connection with
this incident.

Officers are also investi-
gating the brazen daylight
armed robbery of Village
Road Dental Clinic.

Police said around 2pm
on Friday a gunman entered
the clinic and demanded
money. He made off with a
handbag containing an
undetermined amount of

cash from one of the clinic’s
patients, ASP Evans
said.

The gunman escaped in a
white Nissan vehicle.

In other crime news,
police said a 23-year-old
man is in hospital after he
was confronted at his home
by a masked man who shot
him in the leg.

ASP Evans said the King
Street resident answered a
knock at his front door and
was accosted by a “dark
man dressed in black with a
black mask”.

In an attempt to flee the
masked man, the victim
slammed the door and fled
inside, police said.

Shots were then fired
through the door, hitting the
23-year-old in his lower left
leg.

He was taken to hospital
where his condition is list-
ed as stable.

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PAGE 4, MONDAY, APRIL 7, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
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

Recession woes may be misplaced

AFTER ABOUT 40 years of following
the Bahamas’ economic trends, former state
minister for finance James Smith does not
believe the current recession will affect the
Bahamas as much as it will the US.

He went so far as to predict an upturn for ~

the Bahamas in the wake of a slowdown in
the US.

“I think that after you have been around
for sometime looking at the performance of
the Bahamian economy and the long term
trends over the past 30 or 40 years have
shown that the global downturns, US down-
turns, have never affected the Bahamas to the
same degree.”

He recalled the dire predictions 18 years
ago for the Bahamas’ economy as a result of
the Gulf War. “But,” he said, “what hap-
pened was the entire reverse. Because of the
threat of terrorism US visitors generally
stayed closer.to home, not going to Europe,
and the Bahamas and the Caribbean were
the beneficiaries of that change in plans.”

Tourism officials have been warning that
tourism figures could see a significant drop-
off in arrivals as some of this country’s core
tourism markets in the US have been the
hardest hit by the credit squeeze.

Again Mr Smith disagreed, he thinks the
weakened dollar will keep tourists at home
venturing only to areas closest to their shores.
If this is so the Bahamas and Bermuda will be
the beneficiaries.

“So our historical experience with the
downturns in the US economy, or the global
economy, has been that we were not affected
to the same degree as the US itself or the
rest of the world.”

He saw no reason why this would not con-
tinue into 2008 and 2009.

The late Sir Etienne Dupuch, second pub-
lisher/editor of The Tribune, always said in his
old age that the Bahamas had an uncanny
knack of benefitting from the world’s mis-
fortunes.

He often said that the Bahamas was like an
indian rubber ball — the harder you bounced
it, the higher it would rebound.

In his lifetime he saw this happen over and
over again.

As far back as the days of the pirates,
wrecking and rum running, Bahamians were
kept on their toes, benfitting from the social
problems of others.

Our memory goes back to the fears of the
second world war when the future looked

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. bleak indeed. Bahamians of that era believed

that they would be cut off from the world.
Especially after America entered the war,
the leaders of this country sincerely believed
that the Bahamas would starve.

All seaworthy ships had been called into
service. :

We recall Sir Etienne coming home night
after night from some meeting or other at
the House of Assembly.

All he talked of, worried and wrote about
was how to keep Bahamians employed and
fed, Bahamians were encouraged to turn to
the land — no matter how small the plot in
their back yard — and grow their own food.

And then the heavens of good fortune
seemed to open over these islands.

For about two years into the war the sea-
sonal tourist trade continued.

British families — mothers and their chil-
dren, nannies with their charges, and a whole
school — the Belmot School — moved to
the Bahamas to escape the bombs falling
over England.

Two wealthy residents, Sir Harry Oakes,
and Axel Wenner-Gren provided employ-
ment on their various projects, and the War
Materials Committee, established by Sir Eti-
enne to help in the war effort, employed
several hundred Bahamians. The Royal Air
Force established a training base here.

When America entered the war, and her
young men left the farms and enlisted, a new
world opened for the Bahamas.

The concern of how to keep Bahamians
employed and fed had been solved.

The “Project” recruited Bahamians to go to
the United States to fill the places left vacant
by the young men marching off to war.
Bahamians were employed on large Ameri-
can farms, and money from their labours
kept flowing home to support their families.

The Bahamas was indeed secure. The suf-
fering and starvation anticipated never mate-
rialised.

In fact we benefitted from that war.

So there might be something in what Mr
Smith predicts. However, the fact that he
thinks the Bahamas will be less affected by
this credit squeeze than the US, does not
mean that we will not be affected — its a
matter of to what degree. In other words, we
might be down for a time, but it is unlikely
that we shall be out for the count. The
Bahamas’ indian rubber ball always bounces
back.






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PetroCaribe —
it’s still an idea
worth forgetting

am

EDITOR, The Tribune.

THE Tribune editorial of
Monday March 31, 2008
reminded the country of the
very important debate over
whether The Bahamas should
have been involved with an ini-
tiative promoted by Hugo
Chavez, known as PetroCaribe.

And with gas prices rising to
$5 per gallon at the pumps, Mr
Leslie Miller, former PLP MP
and Minister Trade and Indus-
try hits the headlines, much like
the Phoenix rises from the ash-
es in Greek Mythology.

He is reported to have
lamented in The Tribune of Sat-
urday March 29, 2008, that had
the PLP signed on to the now
infamous PetroCaribe deal with
Chavez in Venezuela, when he
was Minister, no Bahamian
would be paying more than $4
for a gallon of gas.

What he neglects to point out
is that while the price would
supposedly remain lower at the
pumps for consumers, The
Bahamas would be building up
a huge debt with Venezuela —
something like $3.7 billion in 25

years according to calculations .

by The Nassau Institute back
in 2005 when the PetroCaribe
scheme was being touted as the
saviour for Bahamians.

Here’s an excerpt from the
2005 commentary titled, Petro-
Caribe Loan Scheme:

Both the Minister for Trade
and Industry, Leslie Miller and
members of his Petroleum
Usage Review Committee, have
suggested that the savings that
could accrue to The Bahamas
Electricity Corporation (BEC)
is reason enough for The
Bahamas to sign on to Petro-
Caribe.

They have stated that if BEC
purchases $100 million of petro-
leum products a year, they
could finance up to $40 million

for up to 25 years at the rea- .. ;
- ate when used to finance an

sonable rate of 1 per cent per
annum. And, this $40 million



can be used each year to create
a welfare state.

So, being sceptical of offers
that sound too good to be true,
it prompted a few calculations:

1) Assuming there are no
payments made during a five-
year loan period, The Bahamas

will owe Venezuela $202 mil-.

lion.
2) Taking this one step fur-

ther, The Central Bank of The -’
Bahamas has indicated The .

Bahamas imported fuel totalling
of $265 million during 2004 (net
the BEC purchases). 40 per cent
of this amount would provide
an additional $106 million in
loans per annum.

3) Here again, if no payments
are made to reduce this indebt-
edness during a five-year peri-
od, The Bahamas will owe

Venezuela another $535.3 mil-

lion.
Combining the purchase of
fuel for BEC and the fuel for

the general consumer over five.

years, The Bahamas total
indebtedness to Venezuela
would be $737.3 million.

In addition, these numbers
are simply staggering when
extrapolated out over 25 years.
The National Debt would
increase by $3.7 billion, which is
more than our current national
debt of $2.65 billion.

We also asked at the time if it
made sense for The Bahamas
to purchase a consumable such
as fuel with long-term, foreign,
hard currency borrowings.

In fact we proffered that:

Petroleum is a “consumable”

item in both economic and:

physical terms and should nat
be financed with long-term bor-
rowing. The theory of long-term
borrowing is that it is appropri-

investment today that will pro-

How Safe is your

EDITOR, The Tribune.

ALMOST every TV network
News Report today reports
about some international bank
loosing billions and certainly it
causes deep thought as to which
social and economic system
works for the betterment of
most?

How safe is your money?

At least here we are supposed
to have insurance guarantees I
believe up to $20,000 per sav-
ings account, I think that was














ere






the limit however to obtain the
best return on your savings the.

banks offer the higher interest :
rates on the larger the deposit so ©

are you safeguarded if some-
thing was to go array like what
went at Bears Sterns, UBS,
Deutche Bank and the others?

I do not like the pages now
of properties being advertised
which are obviously from the

banking system for non-compli+ ‘
ance of the owner’s mortgage. ©

Check the majority are middle
class to mid-middle class prop-
erties.

Clearly market forces are
being challenged and it has to.
be soul-searching for the advo-

cates of an open-free market at
this time when you see all this
blood flowing from the bank
results.
. In our small environment I
fear and do not support past
Minister of State Finance, James
Smith’s prognosis that the com-
ing months will not have seri-
ous economic challenges as:a
result of the feared real reces-
sion in the US, our primary
Tourism customer.

Since the last US recession
the financial environment of the
Bahamas has radically changed

— we have massive debts and if.

the worst scenario happens I ask



Mr. Parish Simmons



NOTICE

Mr. Steffon Cooper

Are no longer employed by
Montague Motors Ltd.
and are no longer authorized
to conduct any business for or
on behalf of

~ducé ah attractive return over a
_» long period of time. Of course,
“when the-petroleum is gone, no
.,. asset ‘will remain. -

More importantly, the debt
-is likely to be foreign hard-cur-
rency debt, which will greatly
alter and magnify the country’s
‘financial: management probe
lems.

“Bankruptcy” usually occurs
when a country can no longer

service its foreign indebtedness;

and such bankruptcy usually
means devaluation of the cur-
rency and a drop in the stan-
dard of living.

. To date the Bahamas has

financed its fiscal deficits with

B-dollar borrowings and this
practice has been sustained with
‘the maintenance of exchange
controls.

If the Bahamas eliminated
exchange controls, then there
would be a capital outflow and
a pressure.on the exchange rate.
It is this fear that has restrained
the country’s fiscal excess.

PetroCaribe financing starts
‘this country down the road of
financial mismanagement of the
type that has plagued Latin
‘Aimerica for decades.

’. It is no surprise that it is being

proposed by a Latin American
socialist strongman who offers
cheap long-term foreign financ-
ing as an inducement to enter
his international political
alliance.

It appears that Mr Miller nev-
er considered the future for
Bahamians. Maybe he was only
considering his re-election in
the here and now.

- What seemed like short-sight-
ed political pandering back in
2005,.seems much the same
today.

Hardworking Bahamians
deserve more than to be told

. there is something for nothing.

“March 31, 2008.

money?

the obvious — How will the
banks and finance houses cover
their depositors’ moneys and
outward payments to them and
their shareholders?

Reading between the lines
concerning at least one of our
large corporate entities I sus-
pect the amber light is already
shining strong there and possi- ©
bly I fear that will change to red
,and a substantial Pension Fund
could be in danger.

Is the price of gasoline and
now diesel correct?

. Task this as the rise in price of
diesel has been so fast that it is
unexplainable to me and is now

. $4.88 gallon.

I am sorry for BEC Family
Island customers as all of BEC
generation capabilities require
diesel.
~ Which is the better Econom-
ic System? Free Market with all
these enormous bank failures
with governments bailing them
out or a more inclined semi-
socialistic approach?

-T.ask a simple question - Is
my money safe in the hands of
thy bank? *

ABRAHAM
MOSS
Nassau,
April 2, 2008.



and








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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 5



Florida
Democrats
choose
delegates to
nominating
convention

m ORLANDO, Fla.

THE Florida Democ-
ratic Party has chosen 27
party leaders and elected
officials as delegates to
the national nominating
convention, according
Associated Press.

Fourteen were allocat-
ed Saturday to presiden-
tial hopeful Hillary Clin-
ton, including Orlando
Mayor Buddy Dyer. Ten
delegates went to rival,
Barack Obama, includ-
ing state Sen. Tony Hill
of Jacksonville. The dis-
tribution was based on
results of the state’s Jan.
29 primary.

Unpledged

Three delegates —
Florida Chief Financial
Officer Alex Sink, Sen-
ate Democratic Leader
Steve Geller and House
Democratic Leader Dan
Gelber — will go to the
convention unpledged to
any candidate.

It’s unclear whether °

these delegates will be
seated at the convention.
The national party
stripped Florida of its
delegates as punishment
for holding an early pri-
mary.

ERB RSS [e3
OTTO Ma

¢* Frank Smith tight-lipped

on PLP deputy leadership

i



Frank Smith




WEST End and Bimini
MP Obie Wilchcombe said
he hopes Bahamian soci-
ety will one day reach the
point where journalists are
respected in their own

‘country.

Mr Wilchcombe, a for-
mer journalist, announced
last week that he will be

running for the position of

deputy leader of the
PLP.

“IT want to get to the
point where journalists are
respected in this country,
where I don’t have to cuss
a journalist, but I under-
stand that when a journal-
ist is doing his or her job
they are protecting the
country, they are playing



m@ By PAUL G
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

MP FOR St Thomas More Frank
Smith opted yesterday to avoid com-
menting on whether he was vying
for the PLP deputy leadership.

Instead, Mr Smith said the “issue
of the day” - as far as he was con-
cerned - should be the public’s con-
tinued focus on the Mona Vie con-
troversy.

“The issue of the day, as far as I
am concerned, is the threat to our
democracy by the refusal of the Min-
ister of State for Finance to do the
right thing and resign over the Mona
Vie scandal. That and the unbeliev-
able endorsement Zhivargo Laing

Wilchcombe wants journalists to
WRK NUKACB TRI TOYIMONLI LM

has received from the Prime Minis-
ter in the face of such scandal,” a
statement read.

Mr Smith reminded the public that
there will be adequate time to talk
about the leadership of his “great
party”, but for today, the focus and
interest of the people lay in the con-
duct of Prime Minister Hubert
Ingraham and the Minister of State
for Finance Zhivargo Laing.

“T will not allow myself or the
decent and law-abiding people of
the Bahamas to be distracted oth-
erwise. I implore my PLP colleagues,
and all Bahamians, not to allow oth-
ers to distract them from the real
issues at hand, which are the con-
duct of members of this FNM gov-
ernment, their sub-par performance
and the unbearable economic bur-




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that they should never
cause someone to lose
focus on where they are
headed.

“Because that happens in
a society, that’s the
dynamism of a society. And
I want to get to the point
where we understand that
we don’t have to take some-
body’s head off because
they don’t agree with me or
they criticise me.

“We should be listening
to our criticism. We should
be reading about our criti-
cism and making the adjust-
ment if it warrants it. That’s
the country that I want,” he
said.

With these ideas in place,
Mr Wilchcombe said, the
Bahamas can become what

den being placed on Bahamians,”
he said.

Mr Smith’s comments come in the
wake of MP for West End and Bimi-
ni Obie Wilchcombe declaring his
intentions to run for the PLP’s
deputy leadership at its next con-
vention.

In fact, when Mr Smith was con-
tacted by another newspaper on the
issue, he declined to comment, stat-
ing only that he first needed to speak
with “his team”. :

Mr ‘Smith has since been named
in a lawsuit by Minister Laing for
alleged defamatory remarks regard-
ing the Mona Vie scandal.

Mr Smith is named alongside PLP
MP for Bain and Grants Town Dr
Bernard Nottage, and former Con-
troller of Customs John Rolle.





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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 7



LOCAL NEWS



Emile Hunt, Barry

Williams — young
literary pioneers

COB graduates continue their studies at
University of the West Indies in Trinidad

EMILE HUNT

EMILE HUNT and Barry
Williams are true pioneers: they
were the first College of The
Bahamas students to graduate
from the School of English
Studies (SES) with bachelor
degrees.

They both graduated in May,
2007, and, coincidentally, have
both gone on to continue their
studies at the University of the
West Indies in Trinidad, pursu-
ing masters degrees, Barry in
English (Literature) and Emile
in Fine Arts (Fiction).

The College's BA English
programme, which incorporates
a comprehensive critical
approach to literature with asso-
ciated theory, has proven to be
extremely useful tothem.

Emile and Barry will take two
years to complete their
advanced degrees and during
the first year they are follow-
ing some basic graduate courses
to become familiar with
research methods for the
research papers they must pro-
duce.

They are both aware of the
challenges they will face during
their first year but both feel
well-prepared by the work they
have done at COB.

“T was worried,” confesses
Emile, “because I knew I would
be in class with people who
have been published and I was
afraid but when I got in the
class, which was a research class
just like 261 that I had done at
COB, I was actually very pre-
pared and the class did not
demand anything new of me.”

Emile heard other students
saying: “How come we didn't
learn this in our undergraduate
classes?” and just replied,
“Well, I come from The
Bahamas!”

Barry and Emile were actu-
ally ahead of the game and it
made them realise that The Col-
lege of The Bahamas has a sol-
id English programme that had
prepared them to go anywhere.

He and Barry entered all
events that SES offered and
took full advantage of the
opportunities provided, such as
writing workshops with
Caribbean writers Fred
D'Aguiar and Earl Lovelace,
readings, forums and a huge
variety of films.

“We have heard people say
that COB prepares you to go
anywhere in the world,” states
Emile, “and I can attest to that
because I lived it.”

As he is concentrating on
writing, Emile must produce a
novel-length manuscript to
demonstrate his creative writ-
ing abilities. Well-known to the-
atregoers as the author of the
play, “Da Straw Market Fire”,
Emile does not see fiction as a
change of direction as he has
always dabbled in story writing.

He has already formulated
the main idea for his manu-
script, which he is calling /n the
Shadow of My Mother. In it he



Q



“We have
heard people
say that COB
prepares you
to go
anywhere in
the world and
I can attest to

that because I
lived it.”



Emile Hunt

will draw on personal experi-
ences to create the story of a
Haitian girl struggling to make
it in a Bahamian society unap-
preciative of Haitians.

“My father is a contractor
and he employs a lot of Haitians
on his jobs,” explains Emile. “I
have worked with them and
interacted with them, sat down
and eaten lunch with them, and
I realised that these are my
brothers. We might hear peo-
ple say ‘Carry your Haitian self’
but I feel different. I understand
their story and I understand
their struggle. That really influ-
enced me.”

Emile believes the idea of the
School of English Studies devel-
oping a minor in creative writ-
ing at the college is an excel-
lent one. (It should be opera-
tional by Fall 2008).

iTunes

ERC Oe

a Ld mm LT a

BARRY WILLIAMS



He remembers a class he
took with Professor Hank
Lewis, an American who taught
creative writing some years ago.
“That was very enjoyable and
evoked an excellent response
from the students,” he recalls.
“Creative writing gives you
freedom of expression because
you are not restricted by right
and wrong answers. It's all
about presenting your ideas
properly.”

He also thinks that a theatre
programme would be extreme-
ly popular at the University of
The Bahamas. “The cast for Da
Straw Market Fire came almost
100 per cent from COB,” he
says, “and they were majoring
in the whole spectrum of sub-
jects, not just English. I think
there would be a great response
for a theatre minor.”

In the future, Emile sees him-
self returning to The Bahamas
and working at the University
of The Bahamas where he will
hope to inspire the next gener-
ation of Bahamian writers.
However, he hasn't ruled out
the possibility studying for a
PhD in creative writing.



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PAGE 8, MONDAY, APRIL 7, 2008

THE TRIBUNE



|
New South Ocean donates

golfing equipment to
Bahamas Golf Federation

IN AN effort to enhance the country’s
Junior’s golfing programme, developers of the
New South Ocean/Blue Shark Golf Course
donated golf equipment to the Bahamas Golf
Federation (BGF).

The equipment consists of 75 sets of golf
clubs, 20 pairs of golf shoes, 1,000 practice
range balls and 2,500 golf tees.

On hand at the presentation, Glen Archer,
president of the BGF, expressed his apprecia-
tion to New South Ocean for the donation and

said he looks forward to using the equipment,
not only for the junior.programme, but also
for an upcoming summer camp.

Shown here, in front row (from left) are:
Rory Higgs, BGF and Bahamas Professional
Golf Association; Yvonne Shaw, Women’s
Division, BGF; Kurt Greve, New South
Ocean/Blue Shark Golf Course.

Back row (from left) Dudley Martinborough,
secretary, BGF; Glen Archer, president, BGF;
Burton Rodgers, New South Ocean.

Wendell Cleare/TCL



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Perform over-the-counter exchanges of customer defective equipment

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of psychiatric nurses.

; CALL TO PLACE YOUR ORDERS TODAY! Po Durting Aprirana May,

attending the Psychiatric
Nursing Conference (Inter-
national Society of Psychi-
atric/Mental Health Nurses,
Louisville, Kentucky, April
7-13, 2008, and American

~ Association of Nurses'Exec-

utives; Seattle; ‘Washington,

, April 25-29, 2008).

By attending these confer-

ences, nurses will be better

equipped to provide quality

psychiatric nursing care to
Sandilands patients, strength-
en nursing administration
and expand the knowledge
base of junior nurses,

‘improving mental health

in the Bahamian communi-
ty. i ‘

2008, four nurses will be

| CGV GROW DEI EGOMRERMAN

fn PROGRAMME |PHASE|IV,
INVITATION/FOR|PREQUALIFICATION

The Bahamas Electricity Corporation intends to. prequalify contractors for the following two {2)
design-and-build contracts for a new power generation facility to be located adjacent to the existing
power station at Clifton Pier, New Providence, Bahamas:

a) A power generation contract based on two (2) slow-speed diesel alternators, each
rated at approximately 40 MW , with associated equipment and civil works, and
4
b) A substation and transmission line contract based on 11 kV indoor and outdoor
AIS or GIS substations and 132 kV wood or steel pole overhead transmission lines
and underground XLPE cable feeders. SCADA systems for the afore-mentioned
substations should also be incorporated.

Each contract will include the complete design, manufacture, supply, construction, commissioning,
testing of the new facilities and all associated civil works.

Separate prequalification documents must be prepared in English. The documents may be
purchased on the submission of a written or email application to the address below and upon
payment of a non-refundable fee for each contract of US$100 if applying from outside the
Bahamas, and B$50 if applying from within the Bahamas. The method of payment will be by
cashier’s check or wire transfer to a specified bank account. The documents should also be sent by
electronic mail.

Completed applications must be returned no later than 16.00 hours on 21 May 2008,
Address as follows:

Bahamas Electricity Corporation,

Mr. Kevin Basden, General Manager,
Executive Offices

P.O. Box N-7509, Nassau, Bahamas.

Attention; Jerome Elliott

Tel: +1 242 3021215, Fax: +1 242 3236852
Email: jeelliott@bahamaselectricity.com

Label envelope: .
New Providence Power Expansion Program Phase IV
Prequalification: New Power Generation Facility

All decisions of the Corporation will be final.





‘





THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 9



aS SS eee ee
Students pay tribute to

Lady Henrietta St George

@ By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Special tributes were paid to Lady
Henrietta St George and her late husband for their
significant contributions to the welfare and education
of children on Grand Bahama.

Thousands of students from various schools
throughout the island gathered at St George’s High
School gymnasium on Tuesday to pay tribute to
Lady Henrietta, who was described as one of the
country’s premier patrons.

Because of her extraordinary acts of kindness,
humanitarianism, and philanthropy, the Ministry of
Education celebrated Lady Henrietta St George
Day in commemoration of the 10th anniversary of
the official renaming of the school after the St
George family.

Lady Henrietta was accompanied by her son,
Henry, and Sarah St George, the daughter of the late
Edward St George, former chairman of the Grand
Bahama Port Authority.

As the St Georges entered the school’s gym -

escorted by the school’s marching band - students
stood and welcomed them with thunderous applause.

The two and-a-half hour ceremony started at
10am. A moving musical tribute was performed by
Dano Rolle, a former student of St George’s.

Special musical and folk performances were also
performed by students from distant settlements in
east and west Grand Bahama - from Freetown Pri-
mary, West End Primary, Bartlett Hill, Lewis Yard,
Holmes Rock, and the Martin Town Primary
schools, as well as Eight Mile Rock High.

In Freeport, Maurice Moore Primary, Beacon
School, Freeport Primary, Walter Parker Primary,
and Jack Hayward High also paid tribute to Lady
Henrietta and her husband.

Lady Henrietta was surprised that such a grand
celebration was planned in her honour.

George’s (High), but I understand students from
every school have come to thank me for what I
have done and it makes me feel great,” she said.

“My husband did many things for the people of
Grand Bahama - for the old, young and impover-
ished. He always supported me in everything I did.
With him beside me, we did a lot of things together
so it is great seeing the auditorium filled with many
of our friends,” she said.

The St Georges became patrons for the school in

1998 when the former Goombayland School was:

renamed in their honour by the FNM government.

Lady Henrietta said the school was built for 900.

students, but now has nearly 2,000.

“Tt excels in all sorts of areas, in sports, academics,
music and junkanoo. We are very proud to have
our names attached to the school and we are very
grateful that the Bahamas saw fit to name the school
after us,” she said.

Principal Kenneth Romer said the St Georges
had made many contributions to the school over
the past 10 years. He noted that many other schools
have also benefited from their kindness and gen-
erosity.

“It is important that we honour the memory of the
late Edward St George and what the family is doing
now.

“We want students to remember these persons,
who have done so much to advance the education of
students here on Grand Bahama, and we want to say
thank you to a woman who is worthy of praise,” he
said.

Mr Romer said that Mr St George is remembered
not only as one of the co-founders of Freeport, but

_ also as a man who loved the common man.

. “He used his personal funds to help many people,
and we want him to be remembered as a man who
loved Bahamians and the Bahamas,” he said.

The St Georges have been instrumental in the
establishment of the Grand Bahama Children’s
Home, Pace Centre, Grace House for pregnant





































Pa Onec (ose tev,

“JT thought that this event was being done by St

Bahamian stylist, music producer

AUTH eS ETT




BAHAMIAN music pro-
ducer and celebrity style
guru Gerry DeVeaux is
making waves on the Lon-
don fashion and music scene.

Now he is taking his career
to a new dimension with the
release of Living Style, his
new television show on the
British Broadcasting Corpo-
ration World Service (BBC
World), launched last Sat-
urday.

“I am excited about my
new show. With the experi-
ence I’ve had with styling
celebrities and producing
music, it’s great now to have
a show that gives viewers a
glimpse into what I do every
day,” says DeVeaux.

For 30 minutes Living
Style with Gerry DeVeaux
will take viewers into the
lives of big names in fash-
ion, sports and entertain-
ment.

Gerry travels around the
globe giving the latest scoop
on elegant living. He will
give tips on fashion, home-
living and design. Guests on
the show range from Tom
Ford, a high-profile fashion
designer known for his new
chic trends, and world-
renowned pop artist Kylie
Minogue, who talks about
her love of Bahamian-made
chicken soup.

The show skips across con-
tinents to celebrity hot spots
and dream destinations,
including sunbathing on Puff
Daddy’s yacht in St Tropez,
toasting at Noami Campbel-
l’s birthday bash in Dubai,





ai.

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DAT ea
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Yn

or just basking at the beau-
tiful beaches of Harbour
Island.

Gerry DeVeaux Living
Style will be a five-part
weekly series aimed at not
only Bahamian viewers, but
an international audience.

Gerry DeVeaux, who is of
Bahamian and Scottish
descent, is a music producer
and stylist. He wrote and
produced hit songs for artists
like Angie Stone, Chaka
Chan and Lenny Kravitz,
who is his cousin.

Gerry’s songs have been
featured in hit American
television shows such as The
Sopranos, Friends and ER.
He was honoured for his
achievements in music by
The Bahamas government
on July 10, 2003, during the
country’s 30th Independence
celebrations.

BBC World is the BBC's
commercially-funded, inter-
national 24-hour news and
information channel, broad-
cast in English in more than
200 countries and territories
across the globe.

Its estimated weekly audi-
ence reach of 76 million
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news, sport, weather, busi-
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PAGE 10, MONDAY, APRIL 7, 2008 THE TRIBUNE

LOCAL NEWS |
SECOND ANNUAL RESEARCH DAY

Focus on health issues
affecting Bahamas public
sector employees

—o - — ee prermarern THE University of the West employees during the second — the School of Nursing Audi-
RBC Royal Bank of Canada presents a donation to the University of the West Indies School of Clinical Medicine {ydies in the Bahamas. with annual Research Day, which _ torium on Grosvenor Close
and Research (UWI) in support of the second annual Research Day. Pictured from left are: Dr Robin’ Roberts, ip. support of RBC Royal will be held on Friday. Health issues to be discussed
chairman, research committee, UWI; Professor Howard Spencer, dean, UWI; Jan Knowles, manager, public rela- Bank of Canada and RBC The all-day event wait he range fran-ebhceins with
tions, RBC Royal Bank of Canada; Mrs Beverly Spencer, administrator, UWI FINCO, will focus its atten- officially opened by Minister asbestos and its impact on
SESS - tion on health issues affecting of Health and Social Devel- health; occupational injuries
Bahamas public sector opment Dr Hubert Minnis at in The Bahamas; risk factors
for cardio-vascular disease;
healthy lifestyle initiatives; and
SMALL BUSINESS absenteeism in the workplace.
ACCOUNTING, Information on the health
BUSINESS SEMINARS ’ ’ profile of members of a major
PLANS & HANDBOOKS union in The Bahamas will

: . , also be discussed.
(Over 25 years experience) , A Dr Robin Roberts. chair of
Tips to help you plan, run and grow a the planning committee,
your wealth & business x observed that “the Govern-
SMALL BUSINESS HANDBOOKS ment of The Bahamas is the
TITLES........$35 largest employer in the coun-
try and the health issues
¢ Personal financial planning and / affecting this large labour

wealth creation * eae :
force will impact the entire
i - . ghar managing your own country.

surance successful business “We therefore decided to
healable (audio tape... $20) F.A. Hepburn - FCCA draw attention to the health
+ Small business financing getting the Chartered Accountant issues facing this group and
money you need Se ere we hope that the information
¢ Inventory planning and control shared will go out into the

techniques F.A. Hepburn & Co. wider community.”

eran ; Chartered Accountants A special feature of the
Managing money and keeping Small Business Consultants event will be an exhibition of

Pees P.O. Box N-8560 meals that are nutritious and
* Reading and Understanding Nassau, Bahamas easy-to-prepare by the faculty

: Financial Statements and students of the UWI Cen-

Spe GUC WOU Business Plans & Start-Ups Tel: $25-7313/322-6000 tre for Hotel and Tourism
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Fax: 323-3700 Participants will get the

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ot ; a a v Simplified Bookkeeping Records
P Sample Business Plans - $50 | v Fits every business to attend Research Day and
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& V Quickbooks Setup - Training : h h
~ - public to attend throughout
COMPUTERIZED QUICKBOOKS | yw BUSINESS KIT $50 the day of activities.
See = rang nteree tire A guide to starting and managing a 'In particular teachers,
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BRING YOUR OLD VEHICLE TO TRADE SO YOU CAN UPGRADE!!! BUSINESS START-UP SERVICES | Small Business policemen, firefighters, avia-
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F. : Accounting Records in bad shape? Registration ers. tourism. banking and oth-
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e . Hy Need business licence prepared .... We can help! - $35 er industries and ministries of
Tel: 325-0881/2 Open:Mon,-Fri. 8a.m.-5:00p.m. . government are urged to
. = ° attend.




































































MESSAGE FROM
THE HON. DR. HUBERT A. MINNIS,
THE MINISTER OF HEALTH AND
SOCIAL DEVELOPMENT

Monday, 7 April 2008



Today, Monday, 7 April, 2008 the World Health Organization (WHO) and countries around the world celebrate World Health
Day. This day provides an opportunity to focus worldwide attention on a subject of major importance to global health. This
year, World Health Day focuses on the need to protect health from the adverse effects of climate change.

Ministry of Health and Social Development
In collaboration with Galleria Cinemas

This year’s theme “Protecting Health from Climate Change,” puts health at the centre of the global dialogue about climate
change and WHO is concerned that climate change is posing ever growing threats to global public health security.

Invites the general public to a free viewing
of the movie

There is widespread international and scientific consensus that the world’s climate is changing and small island nations can
be particularly vulnerable to the effects and impacts of climate change.

The effects range from heat waves and drought, to more variable weather patterns including heavy rains, flooding and more
intense hurricanes and cyclones. '

“An Inconvenient Truth”
The impact of climate change on health has been felt world wide and has affected resource poor countries disproportionately. RATED: A \
Many adverse health outcomes are directly and indirectly climate sensitive, (for example drowning and injuries sustained \
during floods) or indirectly (such as water-borne diseases, fish poisonings, and contamination of water tables). Further, these
changes not only impact food production and distribution, but as well, liquid and solid waste disposal, a well established
mechanism for communicable diseases.

In support of
World Health Day 2008

Protecting gees from climate change

In The Bahamas, climate change is clearly visible. We recall the flooding in 2007 associated with tropical storm Noel in
several Family Islands and the 2005 hurricane season which brought substantial flooding and damage to Grand Bahama and
‘reports of snowflakes in parts of Abaco and Grand Bahama in 2004 when temperatures fell to the 30’s.

Recognizing the impact of climate change on small island developing states, The Bahamas ratified the United Nations
Framework Convention on Climate Change on 9 April 1999, The Bahamas Environment, Science and Technology (BEST)
Commission, serves as the National Climate Change Office for the nation. Further, the BEST Commission is responsible
for the coordination of all relevant agencies and for the development of strategies for preserving the stability of our economy,
ecosystems, and by extension, our health.

At Galleria Cinemas JFK and
the Mall at Marathon

Through increased collaboration, the global community will be better prepared to cope with climate-related health challenges
worldwide. Dr. Mirta Roses, Director of the Pan American Health Organization, notes that “governments and leaders of the
Americas can and must face with determination and vision what needs to be done in terms of urban planning, transportation,
energy production and distribution, food production and safety, and the sustainable use of land and other natural resources
that have been placed in our care on a temporary basis”.

Monday, 7th April, 2008

One Showing Only: 8:20 p.m.
Limited Seating Available

In recognition of World Health Day, and in an effort to increase local awareness of the possible health threats caused by
climate change, the Ministry of Health and Social Development, in collaboration with Galleria Cinemas, is sponsoring a
special free viewing of “An Inconvenient Truth” at Galleria Cinemas at Marathon Mall and J.F.K. Drive.

A must see movie
That you won't want to miss!

This movie brings home the persuasive argument of former United States Vice-President Al Gore that we can no longer afford
to view global warming as a political issue — but see it as one of the biggest moral challenges facing every person in our times
- globally. 1 invite individuals and families to go and view this movie and take from it those aspects that will serve to make
our Bahamas a safer and healthier place in which to live, work and play.

I challenge you, the people of The Bahamas, to do your part to reduce your carbon footprint by turning off unnecessary lights,
driving (or riding) less, using less plastics, and make personal choices that will both reduce climate change and enhance health,

Tickets may be collected at the Galleria Box
Offices beginning Saturday, 5th April, 2008
during normal operating hours.

First come first serve basis.

The Ministry of Health and Social Development is committed to strengthening public policy and practice to address the impact
of climate change and to have a healthier Bahamas.

@, Thank you.





THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 11



Article released on
the Lhasa violence

This is the second in a series of articles issued by the Chinese Embassy in
Nassau following articles printed in The Tribune which questioned China’s
human rights record. The first dealt with the issue of arms sales to Darfur.

The news agency Xinhua
was authorised to release a
signed article on Sunday,
March 30, claiming that the
Dalai “clique” plotted and

incited the Lhasa violence on’

March 14, which killed at
least 18 civilians and one
police officer. The story, by
Yi Duo, denies the claim by
the Dalai Lama and his
backers that the riot was a
"spontaneous peaceful
protest" which the Dalai
Lama had nothing to do
with.

&@ By YI DUO
Xinhua News

AY UNIDENTI-
FIED suspect who

was connected with the
Lhasa violence has confessed
to police that the “security
department” of the “Tibetan
government-in-exile” asked
him to distribute leaflets
promoting the so-called
“Tibetan people’s uprising”
to civilians and monks in
Tibet.

“The violence on March
14 was related to the insti-
gation of the ‘security
department’ of the ‘Tibetan
government-in-exile’,” the
suspect said.

“To protect myself, (the
Dalai clique) asked me not
to participate in the demon-
strations in person, just to
take charge of stirring peo-
ple up,” the suspect said.

“The beating, smashing,
looting and burning were by
no means peaceful demon-

strations and the deeds were
inhuman,” the suspect
admitted. “If they (the Dalai
clique) wanted to follow the
non-violent ‘middle way’,
such violence should have
never happened.”

On the same day that
mobs attacked innocent
Lhasa civilians, a closed-
door meeting was held by
the Dalai Lama clique on
how to build on the
“achievements”, the article
said.

HISTORY
REPEATS ITSELF

Mex 10 is the
anniversary of the

so-called “Tibet uprising” in
1959. On that date, 49 years
ago, Lhasa saw a bloody riot
initiated by the Dalai Lama’s
backers. Rioters killed Pag-
balha Soinam Gyamco, a
senior lama and a member
of the preparation commit-
tee of the Tibet
Autonomous Region, tied
his body to a horse and
dragged it for two kilome-
tres.

The day, annually com-
memorated by the Dalai
Lama’s backers, has been a
reminder of violence. And
history seems to have
repeated itself.

On the same date this
year, a ceremony was held
in Dharamsala to mark the
event. The 14th Dalai Lama
said in a critical statement
that the Chinese government
had imposed “more severe
repression upon Tibetans in
Tibet” and “trampled on

human rights and limited
religious freedom”. He also
expressed appreciation for
the “Tibetan people’s sin-
cerity, courage and resolu-
tion.”

Immediately after the cer-
emony, about 300 monks
from the Zhaibung
Monastery tried to march
into central Lhasa. In the
following days, monks from
other temples in Lhasa also
tried to demonstrate but
were restrained by police.

When the monks’ efforts
to spread unrest failed, riot-
ers came. They torched
shops and vehicles, attacked
innocent passers-by on the
streets and even attacked
ambulances on March 14.

TRYING TO ESCAPE
RESPONSIBILITY

At the Lhasa riot
on March 14,

which is so far known to
have claimed at least 18
civilian lives and caused 382
injuries, unrest erupted in
other Tibetan-inhabited
regions in the southern part
of Gansu Province and the
northern part of Sichuan
Province.

Mobs, some shouting slo-
gans for “Tibet indepen-
dence” and bearing flags of
the so-called “Tibetan gov-
ernment-in-exile”, stormed
into and attacked govern-
ment offices, police stations,
hospitals, schools and banks.

Moreover, backers of the
Dalai Lama spread violence
even further by organising
rioters to attack Chinese

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embassies and consulates in
the United States, Canada,
India, Britain, France, Ger-
many, Belgium, the Nether-
lands, Switzerland and Aus-
tralia.

The Dalai Lama released a
statement via his personal
secretariat on March 14, in
which the protests were
described as “peaceful”. On
the same day, the “Tibetan
government-in-exile”
defined the riots in another
statement as_ peaceful
demonstrations by Tibetans
to protest Chinese policies.

The Chinese government
later released film and pho-
tographs showing the violent
attacks that took place dur-
ing the riot in Lhasa.

On the advice of his sup-
porters, the Dalai Lama
changed his tune at a press
conference on March 18,
when he said that he should
not have created an anti-
Chinese mood in the inter-
national arena. The only
option would be his retire-
ment if the situation got out
of control, the Dalai Lama
said.

His comments were soon
seen by the international
community as an admission
that he had a responsibility
for the riots in Lhasa.





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ACH Business Manager

The Company
Bahamas Automated Clearing House Limited (B.A: Cl H Ltd) has been established to
own and operate the Automated Cleapigg;House (AGH) of the Bahamas. The ACH is
an initiative of national importance as it will significantly boost the efficiency and
integrity of the Bahamian commercial banking and payments system.

The Role

The ACH Business Manager is a strategic position responsible for the development
and management of the Bahamas Automated Clearing House. The position requires
a breadth of understanding of payment systems development and management
policy and issues. As a new initiative in the Bahamas, and as part of small team,

tame ale

AAMLOOMAOOAeRORIAAPTORORMRCSAOTIAOOCAODTAPOIAECDPPOOPOAOCCARAOSOBAALAAOOONOUNAOM AAAS RA DOOAIELAASNRORAS:

this role is not for an individual seeking the comfort of a bureaucratic structure of a
large retail bank. It is for a proactive individual seeking to shape an organization that

will soon be at the core of the commercial banking and payments system.

Specific Responsibilities Include:

Development of functional/service options and additions
Development of an ACH cost/revenue model
Development of fee/cost sharing model

Development of ACH Operating Guidelines

Development:

Project
Management:

Daily
Management:

| How to Apply

Assist with the management of the remaining project activities
Manage the implementation of Phases 2 & 3 of the ACH project
Recruit the ACH team

Manage the daily running of the ACH service
Manage the ACH team

Skills & Experience required:
* Broad banking experience with a strong focus in Operations and Treasury functions
* Strong policy and procedure development experience

* Familiarity with good Payment Systems development and management
Excellent budgeting, forecasting, financial modeling and reporting skills

* Solid understanding of banking technology

* Strong experience in proactively managing teams to achieve high performance
* Excellent analytical skills

* Excellent client liaison & relationship management skills

|

Please note that this recruitment exercise is being managed by an independent
organization, Providence Technology Group. Your application will be held in strictest

| confidence and your name will not be revealed to the Clearing Banks Association
until such time as you have given your approval to do so.

Please email your resume to: Caroline Moncur at caroline@providencetg.com
no later than Friday 11 April 2008. Alternatively, please call Caroline on



(242) 393 8002 for a confidential discussion.

Bank of the Bahamas International

hh | Citibank, N.A.



* Commonwealth Bank Limited

Fidelity Bank (Bahamas) Limited

FirstCaribbean International Bank
(Bahamas) Limited

RBC Royal Bank of Canada

Scotiabank (Bahamas) Limited





PAGE 12, MONDAY, APRIL 7, 2008

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THE TRIBUNE

LOCAL NEWS

Blaze at rectory 7

FROM page one

Archdeacon Thompson - one of :
Nassau’s most revered churchmen
- was shot in his home, St Agnes :
Rectory, when he disturbed a bur- }

glar in the summer of 2000.

He eventually died after fighting
for his life for several days in inten- :
sive care. His murder shocked the :

entire religious community.

His killer, Neil Brown, was later :
sentenced to death, but was himself :
killed by a prison guard during a :
mass breakout from Fox Hill :

Prison in January, 2006.

Four fire engines attended the
blaze, which was last night under :
control and being dampened down :

by emergency crews.

The witness said: “It appears

that the entire roof has gone.”

A police source said that arson
was suspected, but no firm:conclu- ;
sions could be drawn until investi- :

gators move in today.

Among those who rushed to the
scene was Archdeacon Ranfurly :

Brown, who is rector of St Agnes : p i J HD
: no signs of violence to the deceased, police are awaiting the results of

Anglican Church.

The fire broke out around 4pm
and four hours later fire crews :
: death, CSP Rahming said.

The stuccoed building had not :
been occupied since the murder. :
It had been battened up and :
fenced off for several years and :

were still on the scene.

was semi-derelict.

A crowd gathered to watch fire-
men tackle the blaze. Many were :
Anglicans who regarded the rec- :

tory as a memorial to Archdeacon : St SOY
: violence and in joining in the col-

Thompson.

“We’re so shocked that, after :
the murder of Father Thompson, :
the building has now been :
destroyed, ending over 100 years of :
church history,” said a bystander. ;

FROM page one

government in the petroleum
industry,” he said.

He said many doctors were
appointed as ministers of health,
attorney generals are required to
have a background in law, and by
the same token his background
in Water and Sewerage and the
oil industry qualifies him to over-
see the areas under his portfolio.

Mr Neymour said he worked
at Esso for seven years as a pro-
ject and retail engineer, territory
manager for the Family Islands
and Turks and Caicos, and a fleet
supervisor during which he
addressed the transportation of

Minister
of State

Esso’s products throughout The
Bahamas and Turks and Caicos.

Mr Miller is crusading for the
reduction of the current mark-up
margins, which are 33 cents a gal-
lon for importers and 44 cents for
retailers.

He contended that these mar-
gins allowed the three major oil
companies to rake in $100 mil-
lion in revenue, while motorists
shell out more money at the
pumps.

FROM page one Bid (0 resurrect

police or EMS, the family decided to hold a “fasting and prayer vigil,
in hopes that God would raise their mother from the dead,” Chief Supt

Basil V Rahming told The Tribune.

He told police that, after nine days of prayer and fasting “with no
result”, the family finally decided to call the police.

CSP Rahming said Russell’s badly decomposed body was found
lying in bed, clad in sleep-wear. Although investigating officers found

a post mortem before making a classification of the death.
Until then, police have deemed the “bizarre” incident a sudden

FROM page one

in drugs and the associated crim-
inality.

“And so, we very rightly are
placing great emphasis upon
stemming the invidious tide of

lective struggle to make this
region a truly safe and secure
place for our citizens and guests,”
Mr Ingraham said.

Death penalty

The prime minister said
CARICOM countries must make
greater progress in their efforts
to reduce the level of crime, most
particularly violent crime.

The fight against crime, he said,
requires that countries of the
region identify priorities and
develop multi-sectoral strategic
responses.

FROM page one

future,” the statement claimed.
Since its entry into the Nassau
market, the statement added, Glob-
al United had paid the government
on the same terms that were estab-
lished years ago. Under this arrange-
ment, a period of time was allowed
for Global United to bill and collect
duty and taxes and then pay the
same to Customs, the statement said.

“Such an arrangement is not
unusual and there are similar
arrangements with other companies.
Since the issue arose, Global has
been current with its payments,” the
statement said.

On Friday, Mr Laing said the gov-
ernment was addressing the “sub-
stantial” amount of unpaid customs
duty and passenger taxes Global
United owed the government.

“T don’t know what their situa-
tion is today, but they have out-
standing payments to the govern-

Global claims

ment. I don’t know the exact amount
but it’s substantial...all I know is that
the payments are due and demands
have been made and they have not
been forthcoming with the pay-
ments,” Mr Laing told The Tribune.

Yesterday, Global United said
these remarks were part of the gov-
ernment’s “relentless efforts” to
“destroy” the company.

“Tt is extremely curious that of all
the government’s debtors it has cho-
sen to make a public statement on
Global United. We see this as just
another example of the FNM’s
relentless efforts to totally destroy
a 100 per cent owned Bahamian
company which currently employs
over 200 Bahamians.”

The statement claimed this
“attack” began after Mr Ritchie was

named as a PLP candidate for the

2007 general election.

; ‘

Said the statement: “Mr Ritchie
confirms that shortly after it was
announced that he would run on the
PLP’s ticket, he received informa-
tion that an attack would be
launched on him by FNM operatives
within the Ministry of Finance.

And, in fact, on March 26, 2007,
he received a letter, not from the
Comptroller of Customs with whose
office he had been dealing for the
past 17 years, but from an employee
of the Ministry of Finance.

“This attack from within the Min-
istry of Finance has continued relent-
lessly, particularly escalating after
the general elections. It is unfortu-
nate that a Bahamian owner and his
business could be attacked so cal-
lously because of the principal’s
political affiliation.” i

During the 2007 election cam-
paign, Jackson Ritchie vied for the
Clifton constituency. He was defeat-
ed by the FNM candidate, attorney

_-Kendal Wright.

PRESS STATEMENT

The Junkanoo Corporation New Providence Limited
will host a JUNKANOO CONCLAVE in the St. John’s
College Auditorium from Thursday, April 10, 2008
through Saturday, April 12, 2008 under the theme:

A dialogue to foster a closer relationship between
all stakeholders involved in Junkanoo on the
island of New Providence.

Dates:

1. Thursday, April 10, 2008 from

6:00 p.m. — 10:00 p.m
ee

THE PUBLIC

E OPENED SESSIONS

A Town Hall Meeting will be held on the opening night
Thursday, April 10, 2008 at 6:30 p.m. and all Junk-
anooers, Sponsors, Supporters and the General Public
are invited to attend. It will be aired LIVE on ZNS
Radio Bahamas, 104.5 FM and recorded for later Tele-
vision viewing on the various media network stations.

2 Friday, April 11, 2008 from 6:00 p.m. — 10:00 p.m.

CLOSED SESSIONS FOR DE

ril 12, 2008 from 8:30 a.m. — 5:00 p.m.
NS FOR DELEGATES AND THE

3. Saturda
PAID §S

10 delegates per group A and B Div
10 delegates from the :

,A
ssio



PUBLIC

Attendees:

er person

EGATES ONLY

ision Groups at

Division, Individual

ssociation at $50 per person

All other attendees:

i. Thursday open to all Junkanooers and the Public
ii. Saturday $30 for the day session, open to all
Junkanooers and the Public

We look forward to seei





THE TRIBUNE





The po

MONDAY, APRIL 7, 2008, PAGE 13

litical history

of CARICOM: a review

@ By SIR RONALD
SANDERS

(The writer is a business
executive and former
Caribbean diplomat)

( ARIBBEAN acade-

mics, politicians and
civil society would find it hard to
identify a more informed schol-
ar than Anthony J. Payne to

write a political history of the
Caribbean Community .and

Common Market (CARICOM)..

Since writing his authorita-
tive dissertation on the
Caribbean beginning with the
West Indies Federation, thirty
years ago, Payne, now a Profes-
sor at Sheffield University in
England, has published exten-
sively on the twists and turns of
the Caribbean effort at regional
integration.

Now he has produced an
insightful work, “The Political
History of CARICOM” in which
he posits the view that what
CARICOM has done over the
years of its existence is “promote
the co-existence of regional inte-
gration at one level with region-
al fragmentation at another.”

As he explains it: CARICOM
has “rendered workable and rel-
atively stable the interaction of
the two forces that have pulled
the English-speaking Caribbean
apart for three centuries or
more.”

According to Professor
Payne, the institution of CARI-
COM has managed to establish
“no more than a working modus
vivendi of the two opposing
forces of integration and frag-
mentation” and “as such CARI-
COM inevitably remains intrin-
sically a prey to interruptions of
that fragile coexistence.”

One suspects that Payne is
right in this assessment.

For, even in the seminal work
by the West Indian Commission
in 1992, “Time for Change” and
in subsequent. expert recom-
mendations to CARICOM
heads of Government, there was
a marked reluctance to call for a
political union of CARICOM
states. Instead, there were
repeated assertions that CARI-
COM would remain “a commu-
nity of sovereign states.”

The West Indian Commis-
sioners and the expert groups
feared that, if they recommend-
ed a political union, even though
many of them would have con-
sidered it the right thing to do,
the detractors of regional inte-
gration in several CARICOM
countries, but particularly
Jamaica, would have pounced
on it as justification for aban-
doning CARICOM altogether.

The experts did, three times
in three separate reports, rec-
ommend the establishment of a

CARICOM. Commission (much _

like the European Union Com-
mission) to be a motor for dri-
ving the organisation forward.

But, as Payne points out,
Heads of Government rejected
the idea.

Fearing that a Commission
would make decisions affecting
their national situations, the gov-
ernment leaders chose instead
to set up a rotating three-man
Bureau from amongst them-
selves. The Bureau has not




WORLD VIEW

proven to be dynamic or com-
manding since it also can not
make decisions that might affect
national sovereignty.

Despite all this, the notion of
a political union continues. to
haunt the psyche of some
Caribbean leaders particularly
when they are confronted with
economic conditions that chal-
lenge their capacity to satisfy the
expectations of their people or
provide them the level of secu-
rity they want.

Thus, just last month came
the latest announcement of a
possible political union of coun-
tries in the Caribbean by Prime
Ministers Patrick Manning and
Ralph Gonsalves of Trinidad
and Tobago and St Vincent and
the Grenadines.

Within a week, the Prime
Minister of St Lucia disassoci-
ated his government from the
proposal, and Prime Minister
Bruce Golding of Jamaica let it
be known that Jamaica had long
rejected this idea and would not
be entertaining it, though he had
no problem with any group of
countries in the Caribbean Com-
munity and Common Market
(CARICOM) that wished to
pursue it...

Ali other CARICOM gov-
ernments remained silent.

In an earlier commentary
(“Caribbean Political Union:
Dreaming Again”), I discussed
the enormous difficulties that a
political union of the proposed
four countries alone would pose,
even assuming that a consensus
exists amongst all their popula-
tions — and it is by no means
obvious that such a consensus
does exist.

I also pointed out that the
basic framework for a political
union exists more among the
members of the Organisation of
Eastern Caribbean States
(OECS) who already share
many of the fundamentals of a
Union including a common cur-
rency, a common Central Bank,
a common judiciary and the
rudiments of a regional security
system.

Were all of the OECS mem-
bers to enter collectively a polit-
ical union with Trinidad and
Tobago, it would make more
sense and be more practical.
Such a union could cause Bar-
bados to consider participation
seriously, and, this new national
entity could be part of CARI-
COM with Jamaica, Guyana,
Belize and Suriname.

I have deliberately omitted

the Bahamas whichis still not.a .....

member of the Common Mar-
ket even though it is a member
of the Community. The rela-
tionship with the Bahamas
would continue much the same
as it does now, until that country
recognises the value that mem-
bership of the Common Market
— not the political union —
brings to it.

Similarly Jamaica, Guyana,
Belize and Suriname would
remain individual members of

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CARICOM as they now are and
continue to work diligently
toward the perfection of the
Common Market. For them,
matters such as a Single Econo-
my and membership of a politi-
cal union would be deferred.
Haiti poses enormous prob-
lems on all fronts. And, while
CARICOM member states will

do what they can to bring Haiti
into all of its arrangements, real-
istically this will take time.

In his book, Payne concludes

‘that CARICOM is not “strictly
‘speaking an integration move-

ment at all, if the term ‘integra-
tion’ is considered to have any-
thing to do with the emergence
of a new and separate commu-
nity of identity into which pre-
vious national identities are pro-
gressively submerged.”

Payne argues that CARI-
COM “has been aimed, not at
the replacement of national and
political action, but at the very
opposite, its reinforcement.”

In other words, CARICOM’s

purpose for the political leaders
of its member states is not to
work progressively to one
Caribbean nation in a political
union, but, instead to utilise the
benefits of collective actions that
individual states cannot afford
to take by themselves to keep
those very individual states alive.

There may be much in what
he says.

“The Political History of
CARICOM?” is published by Ian
Randle (Jamaica) ISBN: 978-
976-637-292-7.

Responses to:
ronaldsanders29@hotmail.com



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PAGE 14, MONDAY, APRIL 7, 2008

THE TRIBUNE



INTERNATIONAL NEWS

AAT a Ea
In Nepal, a monarchy makes way for democracy

Ed Wray/AP Photo



NEPALESE listen to speakers at an election rally for Nepal's Maoist party campaign Sunday April 6, 2008,
in a town on the outskirts of Katmandu, Nepal. Campaigning is picking up speed ahead of the important April
10 election which will pick an assembly to rewrite the constitution.

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KATMANDU, Nepal



It was a surprising sight in a
land grown accustomed to sur-
aie the king at the wheel of a

ercedes-Benz, driving himself
and his queen through the
crowded streets of Katmandu.

“He was in the front seat! In
traffic!” said Krishna Chetri, a
56-year-old shop owner.

‘“‘Where’s the majesty?” he
asked. “This is something I nev-
er would have believed.”

In ‘this Himalayan land, the ~

Shah dynasty of kings reputed
to be reincarnated Hindu gods
is being pushed to possible
extinction by the fallout from a
decade-long communist rebel-
lion and King Gyanendra’s own
autocratic ways.

Nepal votes Thursday for an
assembly that will rewrite its
constitution, the latest effort to
transform a troubled, near-
medieval land into a modern
democracy.

And the assembly’s first order
of business: eliminating the
monarchy. —

“This king has done too much
harm. He’s shown us that we
don’t need kings,” said Krishna
Prashad Sitaula, a cabinet min-
ister and a leader of the centrist
Nepali Congress party who
helped negotiate the peace deal
with the rebels, known as the
Maoists.

Not everyone is so sure.

“This king lost the people’s
favor,” said Ram Shresthra
Prasad, a 42-year-old priest at

. the Pashupatinath Temple, the

clamorous shrine to which Gya-
nendra drove last month.

But “this talk of a secular
cee is ignorant,” he said.
“Our kings created Nepal. They
protect our Hindu religion. The

ings are the symbol of Nepal.”

Yet in many demonstrative
ways, Gyanendra’s 269-year-old
Shah dynasty has reached the
end of the line.

In January, Nepal’s interim
parliament formally declared
the country a secular republic.
Gyanendra’s portrait has dis-
appeared from shop walls and
the currency. “Royal” has been
removed from the name of the
army and national airline. Ref-
erences to the king are gone
from the national anthem.

Gyanendra has also endured
other indignities. His $3.1 mil-
lion annual allowance and 10 of
the'family’s palaces were tak-

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en away, as were the queen’s
beauticians and about
uard.

Gyanendra can probably
afford the losses. Before assum-
ing the throne, he was known
as a hardheaded businessman
with interests in tourism, tea
and tobacco.

He can also afford to hire his
own driver, and did his own dri-
ving to show that he is at the
people’s disposal in what ever
role it chooses, said a palace
official who spoke anonymous-
ly because the government has
told Gyanendra not to make
public statements.

Gyanendra’s aides and sup-
porters are hoping that the frac-
tious political elite will be
unable to agree on dumping
him, and will also head public
opinion, which seems far from
unanimous about abolishing the
monarchy.

A survey conducted in Janu-
ary by Interdisciplinary Ana-
lysts, a private firm in Katman-

u, found 49 percent of Nepalis
favored retaining the monar-
chy, and 12 percent undecided.

But Gyanendra, personally,
fared far worse. The 3,000 peo-
ple questioned gave him an
average popularity rating of 2.8
on a scale of 1 to 8, the lowest of
any major political figure. The
poll gave a margin of error of
two percentage points.

Gyanendra’s dynasty dates to
1769, when a regional ruler con-
quered Katmandu and united
Nepal. The mystique of the roy-
al line he founded was pierced
in 2001 by a palace bloodbath in
which a gunman, allegedly the

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alf his -

Ed Wray/AP Photo

NEPALESE men carry the Maoist party flag during an election rally
for Nepal's Maoist party Sunday April 6, 2008 in the outskirts of Kat-
mandu, Nepal. Campaigning is picking up speed ahead of the impor-
tant April 10 election which will pick an assembly to rewrite the con-
stitution.

crown prince, gunned down late
King Birendra and much of the
royal family before killing him-
self. Gyanendra, the dead king’s
older brother, then took the
throne.

Four years later, with armed
rebellion raging in the country-
side, he dismissed an elected
government and vowed to crush
the Maoist rebellion himself.

He failed, and his popularit
plummeted. By April 2006,
widespread unrest had forced
the king to restore democracy.

Soon after, the Maoists ended
their fight. And last year, in a
deal that paved the way for
Thursday’s elections, they
agreed with Nepal’s major polit-
ical parties that after the vote no
man should wear the bejeweled
Nepalese crown of yak hair and
peacock feathers.

What happens to Gyanendra
afterward is undecided. The
leader of the Maoists, known
by his nom de guerre, Prachan-
da, told The Associated Press
that “he may live as a common
citizen.”

“But if he wants to resist the
verdict of the masses,” he said,
“then I think he will be on trial
and he will be punished.”

So Gyanendra sits in his
palace, a salmon-hued concrete
1970s monstrosity that domi-
nates the capital’s center, hop-
ing time will work in his favor.

“T think we all believe, we
hope, that they” — the politi-
cians — “will not be able to
agree,” said Kamal Thapa, a
cabinet minister under the king
and now leader of the main roy-
alist party. ;




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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 15



INTERNATIONAL NEWS AOE Re RORY

TE Ee pete JSS Soe iis le oad ga

Indigenous Latin [ie ee,

America adds voic
to climate talk

@ By ALEXEI
BARRIONUEVO
MANAUS, Brazil

MANAUS, Brazil — Some
wore traditional headdresses,
and some travelled by riverboat
or canoe. But the dozens of

“forest peoples” who descended
on this capital of Brazil’s Ama-
zonas state last week hada
common goal of becoming big-
ger players in global climate
talks, reports the New York
Times News Service.

A conference here that ended
Friday drew leaders of indige-
nous groups in t1 Latin Amer-
i¢an countries, a number
unprecedented in size and
scope, organizers said, and
observers from: Indonesia and
Congo. They came to build a
consensus for a-plan in which
wealthier countries would com-
ge developing countries

or conserving tropical forests
like the Amazon.

~ Such an international carbon-
trading plan has been gaining
momentum and was a central
topic last December at a climate
conference in Bali, Indonesia.
Scientists generally: agree that

tropical deforestation, accounts:

for 20 percent of the world’s
eenhouse gas'emissions. : .,

“There is a real Séfise that'this
potentially represents a huge
Opportunity for forest peoples
to influence climate. change
negotiations and'create larger-
scale incentives to stop defor-
estation and i improve their liv-
ing conditions,” said Stephan
Schwartzman, co-director of the
international program at the
Environmental Defense Fund
in New York, who attended the
discussions here.

On Friday, representatives
from the 11 Latin American
countries signed a declaration
establishing the International
Alliance of Forest Peoples and
vowed to continue to push for a





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THE AMAZON rainforest



change talks. “The indigenous
peoples need to understand
exactly what is happening in
their forests,” Yolanda Her-
nandez, a representative of the
Maya Kakchiquel community
in Guatemala, said in a state-
ment.

The Indonesian government
has been promoting the idea of
carbon trading at climate talks.
But environmentalists see South
America, where native popula-
tions have stronger legal claims
to the land, as a major staging
ground for building support for
the concept.

Unlike Southeast Asia, where

land is more tightly controlled

by national governments, Brazil
has set aside huge swaths of the
Amazon for native groups, who
now have permanent rights to
12 percent of the country’s ter-
ritory and 21 percent of the
Amazon. Some 49 million acres
of “extractive reserves” were
set aside for the rubber tappers,
Brazil nut gatherers and river
communities that live there.

Brazil’s government has also
recently shown a willingness to
crack down on rampant logging.
Deforestation rates in the coun-
try, despite a spike last year,
had been declining for several
years.

But little value has been
assigned to the role of native
peoples in sustaining the Ama-
zon They are finding it more












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complicated to live in a‘ world
where the trees that are:cut
down are worth more than’ the
living forest that still stands,.
Schwartzman said. |

“People accuse us of wanti-
ng to internationalize the Ama-
zon, to create countries within
the Amazon territory,” said
Jecinaldo Satere, a member of
the Satere-Mawe ethnic group,
which lives along rivers in.a,2.5
million-acre territory famous
for producing the guarana plant
used in energy drinks, “We just
want respect for the co uni-

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* Install.a, tire er yap iad’ water heater” ert eee”
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Satere, who leads the\Coor- s cpa meg
dination Office of the Brazi ian +. “WASHERS'S:DRYERS : hi
Amazon Indigenous Orga “ny (oe Machine aéttings shi stent’ we hyp ott

tions, said ‘the Satere-
group was trying to mai tain
the language of its 10,000 mem-
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Large-scale clearing ét the
Amazon forest —for. wood) cat- ~

Set the temperature no lower than’78° F
tle-grazing and agricultural ‘
products like soybeans — is Consider using automatic settings
threatening the native people's * Use a ceiling fan in conjunction with the air condition:
traditional way of life. “The cli-
mate changes are a reality,” said * Use a proper size air conditioner for the room space
Manoel Cunha, chairman of : : hy :
Braail's National Council. ot Ensure the filters are cleaned regularly .
Rubber Tappers..“We have Seal all leaks or gaps in windows anid deors
rivers that are unnavigable” and , glo 1q 5
trees that no longer bear fruit, : Woy
he added






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of Canada and Ms, Tanya McCartney, Managing Director of RBC FINCO recen
hosted top performers from both organizations to their anata Vice Presid nts

contributions to RBC's continued
_ winners: were presented with aaa e

and: Managing, picean s Awards Dinner for 2007.

IN

Jeft to right ate: Ross, McDonald, Head of Caribbean Banking,
RBC Royal Bank of Canada; Chrissinda Rolle, RBC Vice President's
Award Winner and Central Teller, RBC Exuma Branch; Patricia Berry,

RBC Vice President's Award Winner and Assistant Manager Customer °

Service, RBC Credit Card Centre; and Nathaniel Beneby Jr., Vice
Ptesident and Country, Head, RBC Royal Bank of Canada

Awards Runners up:
Pictured left to right are: Ross McDonald; Tanya McCartney;
Charmaine Knowles, Managing Director's Award Runner up and

Customer Service Representative, RBC FINCO, Palmdale; Theresa

Moss, Managing Director's Award Runner up and Manager, RBC
FINCO Service Centre; and Nathaniel Beneby Jr.

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Managing Director's Aviad Winner:

Pictured left to right are: Ross McDonald, Head ‘of Canbbean Babli,
RBC Royal Bank of Canada; Tanya McCartney, Managing Directoi,
RBC FINCO; Zakiya Bain, RBC Managing Director's Award Winner

ahd Specialized Services Processor, RBC FINCO Service Centre; *

Dwayne Kemp, RBC Managing Director's Award Winner, and
Manager, RBC FINCO:R bingon Road; and Nathaniel eon Iy
Vice President and Cony Head, RBC Royall Bank of Canada

| ‘

Otiver Honeurecs: i

Pictured left to right are: - Ross McDonald; Tanya McCartney;
Tennielle Colebrooke, Client Service Officer, RBC FINCO, Main
Branch; Shereena Gaitor, Account Services Representative, RBC
FINCO, Main Branch; Jamaal Pratt, Proof/Data Clerk, RBC
FINCO Palmdale Branch; Shara Kikivarakis, ICSO, RBC FINCO,
Palmdale Branch; Martius Hutcheson, Loan Specialist, RBC
Carmichael; Cheryl Donna Murphy, Human Resources, RBC
FINCO; and Nathaniel'Beneby Jr.

Alt
\
ble

Pictured Earae are: Ross a webu Siehigercnnihoat Ue

* President's Award Runner up and Account Manager, Commercial

Financial Services; George Roache, Vice President, Commercial
Financial Services; Anya Johnson, Vice President's Award Runner
Up and Business Services Representative, RBC Royal Bank of
Canees Main Biatichy as Nathaniel Beneby Jr,

Pictured left to right are: Ross McDonald; Rhodsia Johnses,
Service Desk Analyst, Global Technology Operations; Alex
Adderley; Currency Services, Bahamas Service Centre; Derren
Turner, Technical Support Analyst, Global Technology
Operations; Brenda North, Account Services Representative,
RBC Royal Bank of Canada, Palmdale Branch; Stephanie
Saunders, Manager, RBC Royal Bank of Canada, Main Branch;
and Nathaniel Beneby Jr.





PAGE 16, MONDAY, APRIL 7, 2008

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THE TRIBUNE MONDAY, APRIL 7, 2008, PAGE 17



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using elephants and other animals as helpers, is working to grow 100,000 new trees in Thailand. The project
is also a response to the United Nations Environment Program (UNEP) campaign called the “One Billion
Trees Campaign* to combat global warming.




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PAGE 18, MONDAY, APRIL 7, 2008

THE TRIBUNE



INTERNATIONAL NEWS

Zimbabweans bounce from

hope at Mugabe’s retirement
he will fight to stay on

to fear

@ HARARE, Zimbabwe

FOR a few brief moments,
Zimbabweans suffering under

the authoritarian rule of
Robert Mugabe allowed
themselves a rare burst of
optimism after their longtime

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president suffered what
appeared to be a devastating
electoral loss, according to
Associated Press.

But ruling party stalwarts
and security chiefs — worried
about their own fates in a
post-Mugabe era — quickly
dug in their heels, and
Mugabe now appears poised
to do everything he can to
extend his 28-year rule.

“There’s a political harden-
ing by the political elite of the
ruling party,” said Eldred
Masunungure, a political ana-
lyst at the University of Zim-
babwe. “They’re in a panic
mode.”

Earlier, news of the opposi-
tion victory sent supporters
into the streets, dancing,
singing and waving the open
hand that is the Movement for
Democratic Change’s symbol.
The symbol of Mugabe’s
ZANU-PF is a clenched fist,
and it didn’t take long for it to
show.

Though opposition leader
Morgan, Tsvangirai has
promised Mugabe a peaceful
retirement, fears of violence
against government oppo-
nents have grown as security
forces and ruling party thugs
took to the streets in the days
after the March 29 election.

It would not be the first
time Mugabe resorted to vio-
lence to cling to power.

He had ruled his nation with
little real challenge since 1980,
when his guerrilla movement
helped end white rule in
Rhodesia and bring about an
independent Zimbabwe. He
was praised for his policies of
racial reconciliation and eco-
nomic growth, and for bring-
ing education and health care
to the masses.

Then a coalition of trade






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unionists — backed by some
wealthy white commercial
farmers and their workers —
formed the Movement for
«Democratic Change which,
along with civil rights groups,
dealt Mugabe his first defeat
at a 2000 referendum to
entrench presidential powers.

Shocked, Mugabe respond-
ed by sending armed thugs,
some veterans of the bush war
for independence, into rural
areas to seize white-owned
farms and intimidate opposi-
tion supporters.

Though the farm seizures
sparked an eventual econom-
ic collapse that has this for-
mer regional breadbasket
dependent on international
food aid, the ruling party won
2000 parliamentary elections.
Similar campaigns of intimi-
dation preceded ruling party
victories in 2002 and 2005
elections, which international
observers said were marred
by serious irregularities,
including outright rigging.
Scores of Mugabe opponents
were killed.

In contrast, the March 29
elections were relatively
peaceful and, in a compromise
with opp/sition leaders, the
government posted results

_ outside all the polling stations
— a move that made it more
difficult to cheat.

Mugabe campaigned on his
liberation credentials and land
reform, blaming former colo-
nizer Britain and the West for
ruining the economy through
sanctions. In fact, the sanc-
tions only involve visa bans
and frozen bank accounts for
Mugabe and about 100 of his
cronies.

After it became clear
Mugabe did not win the most
votes and was likely headed
for a runoff with Tsvangirai,
several people reported secret
talks to usher the 84-year-old
into a graceful retirement,
though aides to Mugabe and
Tsvangirai denied it.

Supporters of Tsvangirai,
who said he won more than
50 percent of the vote and did
not need a runoff, took to the
streets in euphoria. Many
hoped an end to Mugabe’s
rule would revive the econo-
my, where inflation rages at
more than 100,000 percent.

But eight days after the
presidential vote, election offi-
cials still have not released the
results, and the mood in the
country has turned dark.

Riot police have flooded the



Tsvangirayi Mukwazhi/AP

COUNCIL WORKERS remove the campaign posters of President Robert
Mugabe in Harare, Zimbabwe Friday, April, 4, 2008: President Robert
Mugabe's ruling party is demanding a vote recount and a further delay
to announcing the results of Zimbabwe's presidential election, the state
Sunday Mail newspaper reported Sunday April 6, 2008, prompting out-

rage from the opposition party.

streets, manned roadblocks,
closed beer halls and ordered
people to stay home at night.
Intruders raided opposition
offices, and police arrested
foreign journalists. Feared war
veterans — used in the past
to beat up opponents —
marched through downtown
Harare.

“Mugabe has started a
crackdown,” warned Tendai
Biti, secretary-general of the
MDC.

Zimbabwean civic, church
and human rights groups say
they fear ruling party sup-
porters will use violence to tar-
get election districts where
Mugabe lost to ensure there
is no repeat of those results in
a runoff.

But Deputy Information
Minister Bright Matonga has
dismissed the fears of violence
as “a lot of nonsense.”

On Sunday, white farmers
said militant supporters of the
ruling party had invaded eight

Share your news

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you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986
and share your story.



Featuring

of the few remaining white-
owned commercial farms.
Four cattle ranchers were dri-
ven off their land Saturday, ,
and equipment and ' livestock
were seized, the farmers said:

Later, police persuaded the:
militants to leave farms in
southern Masvingo district,
but even as that was happen-
ing two more farms were
invaded in northern Cente-
nary, the Commercial Farmers
Union reported.

Senior officers and ruling
party leaders appeared to be
the driving force behind the
campaign to keep Mugabe in
power, said military analyst
Martin Rupiya, a former lieu-
tenant colonel in the Zimbab-
wean army now at the South
African Institute for Strategic
Studies.

Security chiefs and top par-
ty officials stand to lose mul-
tiple farms each has been giv-
en by Mugabe along with oth-
er patronage such as lucrative
business and government con-
tracts.

The MDC has said it was
confident it would win a
runoff. But many believe that
Mugabe, backed into a cor-
ner, will find a way to stay in
power.

The law requires a runoff
within 21 days of the initial
election, but diplomats in
Harare and at the United
Nations have said that
Mugabe was planning to
declare a 90-day delay to give
security forces time to clamp

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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 19



INTERNATIONAL NEWS

Protesters scuffle with
olice during Olympic
torch relay in London

@ LONDON

POLICE repeatedly scuffled
with protesters as Olympians
and dignitaries carried the
Olympic torch during a chaotic
relay through snowy London on

Sunday, according to Associated |

Press.

Demonstrators tried to board
a relay bus after five-time
Olympic gold medalist rower
Steve Redgrave launched pro-
cession at Wembley Stadium —
presaging a number of clashes
with police along the torch’s 31-
mile journey.

In west London, a protester
tried to grab the torch out of
the hands of a TV presenter,
forcing police to briefly stop the
procession as officers detained
the man. Another demonstra-
tor tried to snuff out the flame
with what appeared to be a fire
extinguisher.

Others in the crowd threw
themselves at torchbearers run-
ning past in official Beijing 2010
Olympics tracksuits, surrounded
by a phalanx of security officials
jogging alongside them to pro-
tect them — and the torch —
from protesters.

The protests have forced offi-
cials to make unscheduled
changes to the relay route, Met-
ropolitan Police said. Thirty
people have been arrested.

British Prime Minister Gor-
don Brown briefly greeted the
torch when it arrived outside his
Downing Street residence as
pro-Tibet demonstrators and
police clashed yards away near
Britain’s Parliament buildings.

Demonstrators swelled in
number near the spot where
Chinese Ambassador Fu Ying
had been expected to carry the
Olympic torch. Instead, Fu
emerged with the torch in the
heart of London’s Chinatown,

managing to jog unhindered »
before handing it over.to the ,

next participant.

Along the route, hundreds of
protesters chanted “Free Tibet!”
“Stop killing in Tibet!” and
“China, talk to Dalai Lama!”

In London’s historic Blooms-
bury area, police separated anti-
China protesters from flag-wav-
ing Chinese who turned out to
support their nation and the
Olympics.

“There was definitely a bit of
an edge,” British tennis player
Tim Henman, one of the torch-
bearers, told The Associated
Press.

Police Cmdr. Jo Kaye said the
incidents were minor. “It’s going
to be a long day but the torch is
progressing on schedule,” Kaye
told British Broadcasting Corp.
television.

Brown himself never handled
the torch but watched as
Olympic gold medalist Denise
Lewis handed it to Paralympic
hopeful Ali Jawad. Student
Scott Earley Jr., from Glasgow,
Scotland, then took the torch
from Downing Street, needing
help from dozens of police to
keep baying mobs from snatch-
ing it from him as he ran
past Big Ben to Westminster
Bridge.

“Everyone was running at
you. It was a bit weird,” said
Earley, 17. “The police had it
covered. They told me when to
go and what to do.”

Later, police hustled a torch-
bearer onto an official bus after
he was surrounded by a 100
activists. The torch then trav-
eled part of the journey toward
St. Paul’s Cathedral by bus
instead, police said.

Activists demonstrating
against China’s human rights
record and a recent crackdown
on Tibet have been protesting
along the torch route since the
start of the flame’s 85,000-mile
odyssey from Ancient Olympia
in Greece to Beijing, host of the
2008 Summer Olympics.

The torch’s global tour — the
longest in Olympic history — is
meant to highlight China’s
growing economic and political
power. But it also has offered
protest groups abundant oppor-
tunity to draw attention to their
concerns.

Metropolitan Police said it
was aware of six organizations
— including the Free Tibet cam-
paign, the spiritual group Falun
Gong and a group calling for
democracy in Myanmar —
protesting Sunday. Two thou-
sands police officers were
deployed to secure the route.

The 80 torchbearers include
Olympic champion Kelly
Holmes and violinist Vanessa
Mae. Several dropped out to
protest China’s human rights
record — including Richard
Vaughan, Britain’s top bad-
minton player, who said China
was not doing enough to stop



BRITISH POLICE officers jump to
apprehend an anti-China, pro-
Tibet demonstrator as he tried to
interrupt the Olympictorch parade
over Tower Bridge in central Lon-
don, Sunday April 6, 2008. Police
repeatedly scuffled with protest-
ers as Olympians and dignitaries
carried the Olympictorch during a
chaotic relay through snowy Lon-
don on Sunday. Demonstrators
tried to board a relay bus as five-
time Olympic gold medalist rower
Steve Redgrave launched the 31-
mile (50-kilometer) procession at
Wembley Stadium.

violence in the Sudanese region
of Darfur.

British Chinese residents had
hoped for a peaceful torch relay.

“The Olympic games are very
important for all Chinese. In
Chinatown, everyone is very
anxious to see the torch pass,”
London Chinese Community
Center spokeswoman Annie Wu
said before the procession
began. “We hope it goes
smoothly.”

The torch relay is expected to
face demonstrations in Paris,
San Francisco, New Delhi and
possibly elsewhere on its 21-
stop, six-continent tour before
reaching mainland China on
May 4.

Lefteris Pitarakis/AP

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RBC ROYAL BANK OF CANADA
is considering applications for

Bimini Branch

The successful candidate should possess the following
qualifications:
* 10 or more years banking experience

Must have retail banking experience in lending and
operations

Migimum — Bachelor's Degree in Banking or a related
fiel

ey Skills:

Strong Leadership & Management Skills
Problem Account Management
Communication, oral/written
Negotiating/Selling Skills

Relationship Building & Coaching Skills
Good judgment

Effectively manage risk

Computer literacy

Responsibilities include:

Providing overall management by leading the
establishment and achievement of team sales objectives,

and related activities to achieve a high standard of
customer care, optimal business retention, profitable
growth and productivity ‘

Developing RBC Royal Bank of Canada and community
relationships to capitalize on business opportunities
Providing ongoing coaching and development of staff,
ensuring a high level of employee commitment and '
capability through focused sales/service management | ;
routines

Growing both the business and personal client po
relationships a
Balancing the rewards of meeting business objectives

with the risk of loss to the customer, employes and

shareholder by following corporate compliance/ policies

to maintain risk exposure and to operate within the

legal framework

A competitive compensation package (base salary &
bonus) will be commensurate with relevant experience
and qualifications.



Please apply before April 8, 2008 to:

Regional Manager

Human Resources
Caribbean Bankin

RBC Royal Bank of Canada
Bahamas Regional Office
East Hill Street

P.O. Box N-7549

Nassau, N.P, Bahamas

Via fax: (242) 328-7145
Via email: bahcayjp@rbc.com

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PAGE 80. MONDAY, APRIL 7, 2008

THE



STAFF VACANCIES

OFFICE OF ACADEMIC AFFAIRS
Faculty Advertisements 2008

Lecturers in Law (New Providence Campus)

Candidates should have at a least a first degree in Law, with no less than an Upper Second Class
Honours or equivalent. Possession of a postgraduate degree and some experience as a legal practitioner
_ is desirable. The curriculum includes all branches of Common Law and courses pay special attention
to the place of Law in Commonwealth Caribbean jurisdictions. The ideal candidates should be
competent in at least three of the basic or core Common Law subjects including, but not limited to,
Law and Legal Systems of the Commonwealth Caribbean; Criminal Law; Legal Writing and Research;
Law of Torts; Commonwealth Caribbean Constitutional Law; and Law of Contract. Experience in
teaching in a semester system would be an asset. The successful candidates will be expected to
pursue individual and departmental research interests and to publish in reputable law journals.

SCHOOL OF BUSINESS

Associate/Assistant Professors — Accounting (Northern Bahamas Campus)

Candidate must be able to teach Financial and Intermediate Accounting, Business Mathematics,
Advanced Accounting, Accounting Theory, Management, Cost, Fund and Tax Accounting up to the
bachelor’s degree level. Knowledge of computerised accounting would be an asset. Professional
certification or experience is desirable. The successful candidates should have an advanced degree
(Ph.D. preferred). ene

Assistant Professor — Accounting (New Providence Campus)

Candidate must be able to teach Financial and Intermediate Accounting, Business Mathematics,
Advanced Accounting, Accounting Theory, Management, Cost and Fund Accounting, Individual and
Corporate Taxation, at the Bachelors and Masters Levels. Knowledge of computerized accounting
would be an asset. The ideal candidate will have a doctoral degree in the subject area, tertiary-level
teaching experience and some professional experience. However, candidates with at least a Master’s
degree in the subject area, a minimum of five years’ teaching experience at the tertiary level and
some professional experience will be considered.

SCHOOL OF SCIENCES & TECHNOLOGY

School of Sciences and Technology
Mathematics (New Providence Campus & Northern Bahamas Campus)

Candidates must be able to teach Mathematics at introductory through final year levels. The ideal
candidate will have a doctoral degree in the subject area, tertiary-level teaching experience and some
professional experience. However, candidates with at least a Master’s degree in the subject area, a
minimum of five years’ teaching experience at the tertiary level and some professional experience
will be considered.

Assistant Professor - Physics (New Providence Campus )

The successful candidate will demonstrate a strong commitment and the ability to teach undergraduate
Physics or Astronomy courses to science and non-science majors. A Ph.D. in Physics is required.
Candidates with research specialties in the following areas are especially encouraged to apply:
atmospheric and environmental physics, condensed matter physics, computational physics, astrophysics,
physics education-and alternative sources of energy.

Assistant Professor - Pharmaceutical Sciences (New Providence Campus)

Ideal candidates must have at least a PhD in Pharmacy and professional experience, as a pharmacist.
The candidate will be expected to coordinate a new pharmacy programme and to teach content area
as well as professional courses at the Bachelor’s Degree level.



In ALL cases, preference will be given to candidates with strong academic backgrounds, teaching
and research experience.

SCHOOL OF EDUCATION

Assistant Professor — History (Northern Campus) i

Candidate should have a Ph.D. in History Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in History Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.

Candidates will be expected to assist with teaching History courses, assist with supervision of student-
teachers and assist with curriculum development of History education courses/programmes.

Assistant Professor — Religious Education (New Providence Campus)

Candidate should have a Ph.D. in Religious Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in Religious Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.
Candidates will be expected to assist with teaching Religion courses, assist with supervision of
student-teachers and assist with curriculum development of Religious education courses/programmes.

Assistant Professor — Mathematics (New Providence Campus)

Candidate should have a Ph.D. in Mathematics Education with a minimum of 3 years of school
teaching; however, consideration will also be given for persons with a Master’s Degree in History
Education plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in
Education. Candidates will be expected to assist with teaching Mathematics courses, assist with
supervision of student-teachers and assist with curriculum development of Mathematics education
courses/programmes.

Assistant Professor — Physical Education (New Providence Campus)

Candidate should have a Ph.D. in Physical Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in Physical Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.
Candidates will be expected to assist with teaching Physical Education courses, assist with supervision
of student-teachers and assist with curriculum development of Physical Education courses/programmes.

Salary Scale For Assistant Professors

Master’s Degree - $39,460 - $61,960
Doctorate Degree - $42,160 - $69,160

LIBRARY AND INSTRUCTIONAL MEDIA SERVICES
Librarians (New Providence Campus)

The positions are in the areas of Public Services and the Law Library and report to the Director,
Main Library and Director, Branch Library Services respectively. The incumbents should be dynamic,
innovative individuals with a strong commitment to service within a diverse community. The Librarians
will demonstrate successful administrative experience in a library, sound understanding of emerging
technologies and the ability to use them within the library setting and commitment to developing a
strong integrated library service within the academic environment.



The duties of each Librarian will include: management of his / her Unit / Branch, leadership in short
and long-range planning to expand and diversify library services, development and promotion of
library resources and services, budget and personnel management, initiation and management of
appropriate emerging technologies, and liaison with relevant internal and external groups.

The Librarians must possess Masters Degrees in Library and Information Science from accredited
institutions, and a minimum of two years post-Masters professional library experience. The position
of Law Librarian also requires that the Librarian be the holder of a law degree. All incumbents will
demonstrate strong communication and interpersonal skills that engender an excellent customer-
friendly environment and professionalism. Evening and weekend reference service (on rotation),
library research, service to the community and library instruction will also be required.
Salary Scale: Master’s Degree —_-- $32,710 - $47,710

To ensure consideration, application materials must be received by April 30, 2008. A complete
application packet consists of:

An application letter

College of The Bahamas’ Application Form

A detailed curriculum vita

Copies of all transcripts (original transcripts required upon employment)
The names and contact information for three references

The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
, Thompson Boulevard & Poinciana Drive
P. O. Box N-4912
Nassau, Bahamas

The College of The Bahamas is the national institution of tertiary general education of The

COLLEGE OF

Visit our website at www.cob.edu.bs



THE TRIBUNE



EDUCATING & I}

Commonwealth of The Bahamas. The institution grants certificates, diplomas, associate degrees,
and a growing number of Bachelor's degrees to nearly 4,000 students located around the Bahamian
archipelago. It has extensive links with tertiary institutions in the Caribbean and North America
and its credits are accepted by more than 200 colleges and universities in those regions and in
Great Britain. It is poised to embark aggressively upon a major expansion of its programme
offerings, its research activities, and its physical facilities, and to incorporate distance teaching
methodologies into its repertoire of strategies for delivering instruction, all with a view to seeking
a charter as a university.

Please visit the College’s website at for more information about the institution and to access
the College’s Employment Application Form.

Applications are invited from suitably qualified individuals for the following position:

1. Director Physical Plant

The College of The Bahamas invites applications for the position of Director Physical Plant. Minimum
qualifications include a Bachelor’s Degree in civil or mechanical engineering and a minimum of ten (10)
years’ professional experience directly related to physical plant management or an equivalent combination
of education, training and experience, with considerable knowledge of physical plant
management, personnel management, safety and budgetary practices. The Director Physical Plant reports
to the COB Estates Administrator.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant at all campuses of The College of The Bahamas,
directing the overall operations of the physical plant, facilities maintenance, supervision of staff and
performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance progr’ “me of campus equipment.

The successful aplicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.

2. Assistant Director- Buildings and Grounds

The College of The Bahamas invites applications for the position of Assistant Director — Buildings and
Grounds. Minimum qualifications include a Bachelor’s Degree in civil engineering and a minimum of
ten (10) years’ professional experience directly related to physical plant management or an equivalent
combination of education, training and experience, knowledge of physical plant management buildings
and grounds, personnel management, safety and budgetary practices.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant buildings and grounds with responsibility for
the trades of mason, carpenter, janitor, painter, caretaker, truck driver, and labors, on all campuses of The

College of The Bahamas assisting with the overall operations of the physical plant, facilities maintenance,
supervision of staff and performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance programme of campus equipment including the vehicle fleet of the college.

The successful applicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.
Position reports to the Director of the Physical Plant.

3. Assistant Director - Utilities

The College of The Bahamas invites applications for the position of Asst Director — Utilities. Minimum
qualifications include a Bachelor’s Degree in mechanical (preferred) or electrical engineering and a
minimum of ten (10) years’ professional experience directly related to physical plant management of
utility systems or an equivalent combination of education, training and experience, with considerable
knowledge of physical plant management, personnel management, safety and budgetary practices.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant Utility Systems and the trades of plumbing,
electrician, and air conditioning at all campuses of The College of The Bahamas, assisting with the overall
operations of the physical plant, facilities maintenance, supervision of staff and performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance programme of campus equipment. Significant work in the area of energy conservation is
required.

The successful applicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.

Interested candidates should submit a completed College of The Bahamas Application Form along with
a current resume, three work references and up-to-date transcripts by Friday April 18, 2008 to

The Director, Human Resources
The College of The Bahamas

P. O. Box N-4912
Nassau, Bahamas

Do the math!

The College of The Bahamas and the Ministry of Education, Youth,
Sport & Culture will co-sponsor ,

A National Mathematics Competition

For who? All primary, junior high and senior high students in all
the Family Islands and New Providence

How? In two phases — a written and oral examination
When? April 25, 2008: written examination

May 13-15, 2008: oral competition

Great prizes for the top three finishers in each category!

REGISTRATION DEADLINE IS FRIDAY, APRIL I. Forms are
available at all schools, the Ministry and The College of The Bahamas.

For more information, please call Theresa McPhee or Joan Rolle at
502-2795 or Dr. Brenda Cleare at 302-4400.















Visit our website at www.cob.edu.bs EDUCATING & TRAINING BAHAMIANS



Under the patronage of

His Excellency Arthur D. Hanna

sqehge oneenareenbbeneenetsaeeenenteenettonenneneanernaponeentnebe sine os

Governor General of the Commonwealth of The Bahamas
And in honour of the late P.
Associate Professor, The Bahamas,

The College's School of Co

at the Official Opening of _

Poinciana

THE COLLEGE OF THE BAHAMAS
CENTRE FOR CONTINUING EDUCATION AND EXTENSION SERVICES

PERSONAL DEVELOPMENT - SUMMER SEMESTER 022008
fo [po [ocsonpnon ———frme [pay [starr [oun |e |
DESCRIPTION DAY START FEE
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ACCOUNTING
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ACCAS00 {01 ACCOUNTING FOR BEGINNERS | 8:00pm 5-May | 10 wks












6:00pm-
ACCA902 ACCOUNTING FOR BEGINNERS III 8:00pm Pcsarthuga: | 2eey | ichde es
Fae eke et eg enh eel











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BUSINESS. |) | Pins ce US ey eR ee a ee
9:30am-
CUST900 SUPERIOR CUSTOMER SER. W/S 4:30pm $170
BUSI900 01 CREDIT AND COLLECTIONS | ‘ Thurs 15-May | 8 wks $225
BUSI901 01 CREDIT AND COLLECTIONS || 9:00 m 13-Ma' $250
a ee ie eas a
COMPUTERS |__| Paes ea
6:00pm-
COMP901 01 COMPUTER APPLICATIONS | 9:30pm

10:00am-
COMPUTER APPLICATIONS | 1:30pm

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COMPUTER APPLICATIONS II 9:30pm Thurs
QUICKBOOKS : 9:00pm
PC UPGRADE & REPAIR 8:00pm

9:30am- ‘
MICROSOFT POWERPOINT 4:30pm Thurs 29-Ma

9:30am-
WEB PAGE DESIGN WORKSHOP Thurs
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COMP953
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COSM802 MAKE UP APPLICATIONS 9:00pm 12-May | 8 wk
2 i |
DECORATING ie | |
6:00pm-
FLOR800 FLORAL DESIGN | 9:00pm Thurs asia
6:00pm-
FLOR801 FLORAL DESIGN 1I 9:00pm Tues 6-May | 10wks_| $250
6:00pm-
DEC0801 NTERIOR DECORATING II 9:00pm rede
' 6:00pm
DECO800 INTERIOR DECORATING | 9:00pm Tues $225
ANIMAL CARE RE | es



ANIM800 01

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DOG GROOMING 9:00pm Tues 13-Ma)
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6:00pm-
EFFECTIVE WRITING SKILLS Tues

6:00pm-
MASSAGE THERAPY ESSENTIALS |__| 9:00pm Thurs
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HEALTH AND
FITNESS

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MASSAGE THERAPY ESSENTIALS |_| 9:00pm

9:30am-
BODY WAXING WIS 4:30pm Tues 20-May | 2 days

7:00pm-
AHAMIAN DRUMMING & DANCING _| 9:00pm Tue

MASG901

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DANC902 01 __| LITURGICAL DANCING 44:00am
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MANAGEMENT ip ae
6:00pm-
MGMT900 HUMAN RESOURCE MGMT | 9:30pm Thurs






MGMT901 HUMAN RESOURCE MGMT II

SEWING &
CRAFT

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SEW800 1 BASIC FREEHAND CUTTING | 9:00pm
SEW805 01 DRAPERY MAKING | 9:00pm Tues
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JEWELRY MAKING 8:00pm Thurs

ENQUIRIES: Contact the Coordinator at Tel: (242) 325-5714 / (242) 328-0093 / 328-1936 / 302-4300 ext. 5202 or email acurry@cob.edu.bs

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All fees are included with the exception of the application fee of $40.00 (one time).
CEES reserve the right to change Tuition, Fees, Course Content, Course Schedule and Course Materials.







: 6:00pm- ' ,





a)

THE TRIBUNE MONDAY, APRIL 7, 2008, PAGE 21

INTERNATIONAL NEWS









Jacquelyn Martin/AP

Pa S & Sake
Le0), > &

Kwame takes part in great ape study

KWAME, AN EIGHT-YEAR-OLD western lowland gorilla, restsiin thexindaor, exhibit at the Smithsonian's -
National Zoo in Washington on Tuesday, April 1, 2008. Kwame-is faking part in a programme studying heart
disease in greatapes.

















OATS AOE. LAAAA_ALA ALAA AANHAAHANAAANAAAATANAATL LATO NNNHANAL ALANNAH ENN



UNIVERSITY OF THE WEST INDIES, THE BAHAMAS
2nd ANNUAL RESEARCH DAY
SCHOOL OF NURSING AUDITORIUM
NASSAU, THE BAHAMAS
FRIDAY, APRIL Lf, 2008
“HEALTH ISSUES IN THE BAHAMAS PUBLIC SECTOR”
8.1Sam — 4.00pm

7.30am Registration (Only Required for CME credits)**
8:15am -10.00am Official Opening Ceremonies

The RBC Royal Bauk of Canada Lectare:
Asbestos Exposure in Hospital Workers
Dr. Henroy Scarlett Lecturer Community Health & Psychiatry University of the West Indies, Jamaica

A Health Profile of Workers in a Major Union in The Bahamas
Mr. Terrance Fountain, Epidemiologist, Bahamas

The Burden of Chronic Non-Communicable Diseases in the Bahamas
Dr, Yitades Gebre. PAHO Health Surveillance and Disease Management Advisor

10:00am - 10:30am Coffee Break and Visit Exhibits

10:30am - 12:00pm The Impact of Oceupational Injuries in The Bahamas
Dr, Kevin Bowe, Medical Director, National Insarance Board

Disparity in Health Care - The Value of Population Based Researeh
Dr. Rosebud Foster, Professor of Public Health, Nova Southeasiors University, Florida

A Healthy Lifestyle Initiative at the Public Hospitals Authority
Dr, P. Conliffe Resident Family Practice, Dr, Glen Beneby, Rhoda Bullard, Lisa Hall -Riekets

Dr. Vim Barrett Associate Lecturer UWE Consultant Psychiatry

Knowledge, Attitude, Behavior and Practices of Advance Directive Use in the Jehovah's Witness
Population in The Bahamas
Dr, Hanma-Mahase Dr. Pim Barrett, Associate Lecturer UWE Consultant Family Practice

12.1Spm- 1.00pm Brown Bag Lunch & Visit Exhibits

1:00pm 2:30pm Risk Factors of Cardiovascular Events in the Bahamian Population

Danielle Strachan & Hestord Brooks ~ Medical Stadents, Dr, Sebastian Peter UWE

The Unhealthy Caribbean Lifestyles: Can Current Health Intervention Strategies Change ‘Things’?
Protessoy Henry Fraser Dean, Sehool of Clinical Medicine & Research UWL, Barbados

Drag Use Survey of Juvenile Offenders at the Simpson Penn Centre for Boys and the Willie Mae Pratt
Ceutre for Girls in Nassau, Bahamas
Ms Denotrah Archer Medical Student UWI

Needle Stick Injuries at the PMH
Dr. Dorsette- Williams’ Nurse D. Thompson Employee Health Princess Margaret Hospital

Absenteeism in the Workplace in the Public Sector ~ Is This a Public Health Eysue?
Dr, Robin Roberts Associate Lecturer UWE Consultant Surgery

\ 2.30pm = 4.00pm Exhibits on display and demonstrations by CWECHEM *N.BONo Registration Fees

re

For Further Information: Contact Ms. Peart Hollingsworth at 325-2320 or 322-2862 Ext, 2735

Ce

SUERTE TM ANNIVERSARY

|
;
|
;
Consultation ~ Liaison Psychiatry in the Princess Margaret Hospital
'



| PAGE 22, MONDAY, APRIL 7, 2008 THE TRIBUNE

I DONT CARE ABOUT ISSUES#:-

I'VE. GOT BETTER THINGS TO |

Do THAN ARGUE WITH EVERY

WRONG-HEADED CRACKPOT |,

WITH AN IGNORANT OPINION ! |)
TM A BUSY MAN!

HELP ME THINK OF AN
ISSUE TO DEBATE FOR

STEVE, IT'6 THIS DUMB PAPER.
SAM PRIVER.--
LT HEAR YOU’/RE
LOOKING FOR
AN OFFICE!

WELL, WHAT ISSUES
Do YOU CARE ABOUT?

USEP TO
WORKING
N WITH THE

I SAY, EITHER AGREE WITH
ME OR TAKE A HIKE?
IM RIGHT, PERIOD!

END OF DISCUSSION /

‘“T SUPPOSE ITS A LITTLE LATE

yu IF HE THINKS ]
d{ I'M GOING TO
FORGET ABOUT IT
IN THE MORNING, «
HE'S ALREADY
DREAMING















NOW MY MITTEN
1S FROZEN TO
MY FACE




| EVEN THOUGH I'M
FROZEN. STUCK IN A

DEEP SNOWDRIFT, SUCKING
MY THUMB KEEPS. ME

THERE'S ONLY
ONE LITTLE
PROBLEM



















FROM PANICKING , O AHUK
O THVC oO THULK ”
HUCK

(a0 ty ere Armee Dyeicata. Ie Ward Nerea reserved

© The
NEVER-ENDING
REALITY GOW



| CRYPTIC PUZZLE =

DOWN

4. ACROSS
4 — Strong enough to be in the 1 See the Socialists divided (5)
2 Sore-headed desire to rush

top ten (6)
To be praised as worthy of forward (5)
Hypocrisy? There’s no such word! (4)

nobility? (8) 3
Vast treeless area, in fact 4 Floral ring round the head
undrained (6)
10 Fruit at height is a struggle 5
to get (5) 6
3 Passto an assistant (4) 9
‘14 Ofthe Ash family? (4).
15 Being slow is hardly interesting (4) N
16 Hear this and it’s only a rumour (3) 2
B
5
16
18
20
21
: 27 Think —use sense! (4) 22
29 It'sodd for a secondary roadtolead | 23
to Birmingham! (4) 5

~

co

Ease the burden on anald’un
moving out of central Streatham (6)
Mirabel’s fellow (no, not Abe) (3)
He’s tough, hard-headed and
possibly mean (2,3)

Comparatively low rumble, perhaps,
at Hatch End (7)

of the table (5)

Be inclined to do a nursing job (4)
17. Mummy-I'm badly hurt! (4)
19 Love for a comrade can be a

Just ordinary little boys (6)
beautiful thing (4)

21 Formal greetings to the directors, Passed up again (3)
without real substance (9) Sorry to have to dash
23 Turnout to be an undersized breathlessly back (3)
specimen (4) Clever to correct the fault +
24 Figure to perform at a bathing “outright! (6) E : ACROSS
resort (4) Search for a soft garment (5) : 4 Bear (6):
26 Placed in a mousetrap (3) One’s share of bloodshed? (3) : na
What the poilu had on his hair? (3) ange (6)
Go back to bed (6) 10 Conceited (5)
Manage to get a ladder (3) aa 13 Sluggish (4)
32 Turnup witha growl, sounding 28 Standing soldierly before N . ae (4)
catty? (4) the court (5) > 15 Prophet (4)
33 The way some wine can flow as 30 Nickname for a chap with groin a 16 Devoured (3)
water! (5) trouble? (5) > Yara (a)
34 The last thing to call grand? (6) 31 Intended one to enter the force (5) w~ : i oy
35 As worn in Wales? (8) 32 As paid by dad for the half year? (4) = : 23 ina) ~
_ 36 Modern redeveloped centre (6) 33 Team|had in the southeast (4) - 24 English
a te ee ie i river (4)
Te ee A i 26 Knowledge (3)
; as — fee 27 Medicine (4)
Yesterday's cryptic solutions = Yesterday's easy solutions ; 29 Sail
4 ACROSS: 1, Froth 6, Melba 9, Red me-at 10, Straw I1, Not on | ACROSS: 1, Amber 6, Rouse 9, Voyager 10, Knead 11, Femur support (4)
12, A-swan 13, Sitcoms 15, H-em 17, Knee 18, Verona 19, 12, Bogus 13, Foreman 15, Mob 17, Arid 18, Mature 19 Lapel 32 OD 4
Blair 20, Mu-dd-le 22, Tie 24, Sly 25, Charter 26, Cathy 27, | 20, Animal 22, Same 24, Lad 25, Camelot 26, Atoll ny, regs (4)
Sabot 28, Offer 29, Decibel 30, Newer 31, Realm Dunce 28, Rayon 29, Habitat 30, Repel 31, Meter ; = pews (5)
DOWN: 2, Retain 3, Tra-n-ce 4, Hew 5, Ami-ss 6, MA-nager | DOWN: 2, Mentor 3, Evaded 4, Rod 5, Talon 6, Refusal 7 ee eeren)
7, Eton 8, Br-OK-en 12, Amble 13, Skims 14, Teddy 15, Hop it | Ores 8, Stupor 12, Banal 13, Fatal 14, Rigid 15, Mural 16, 35 _Lenient (8)
16, Mater 18, Vichy 19, Bloater 21, Ullage 22, Trifle 23, Beret 18, Metal 19, Lacteal 21, Nature 22, Sedate 23, 36 Against (6)

J Reveal 25, Chain 26, C-O-DE 28, O’er Morose 25, Claim 26, Ache 28, Ram

wo



To SAY “MAKE YOURSELF AT HOME.” _

Vanishing Act

South dealer.
North-South vulnerable.
NORTH
@AJ83 °
VÂ¥A62
@K4
PAK72
WEST
@KQ10965
Â¥Q1098
38
3

EAST
#742
VKI54
95
QI85

SOUTH
Â¥73
AQ107632
#10964
The bidding:
South West North East
3¢ 34 6¢ All Pass
Opening lead — three of clubs.
This hand was played by Lorenzo
Lauria, one of Italy’s top experts. It
features a type of play seldom seen in
practice but very useful when the
night occasion comes along.

Lauria got to six diamonds as
shown, and West led the club three.
On the bidding, the club lead had all
the earmarks of a singleton. Faced
with this situation, Lauria realized
that while he could dispose of his
heart loser on dummy’s ace of
spades, he would still have two club



——_—..

a
Target
words In

OE =
(LT | Ale

the main
N Chambers
21st
Century
Dictionary
(1999
HOW many words of four
letters or more can you make
from the letters shown here? In
making a word, each letter may
be used once only. Each must
contain the centre letter and
there must be at least one
_nine-letter word. No plurals.
TODAY'S TARGET
Good 15; very good 22;
excellent 29 (or more).
Solution tomorrow.

nm
a

8
o

DOWN

Sneaked (5)
Depression (5)
Keen (4)
Shawl (5)
Went by
plane (4)

6 Performs (6)
9 — Absorbent (6)
1 Colour (3) i
12 Shoe part (5)
13 Grave (7)

15 Be seated (3)
16 _ Beer (3).

B Stage
whispers (6)
Things (5)
Lair (3)
Yank (3)
Scan (6)
Employ (3)
Relaxes (5)
Book of
maps (5)
Hackneyed (5)
Fewer (4)
Terminated (4)

usawWwWnNn—

Beno oe

www

TARGET

2



a if the suit actually was divided
-1.

But Lauria has been around a long
time, and he had no great difficulty
figuring out how to reduce his two
natural club losers to one. After win-
ning the club lead with the king, he
cashed the ace of spades, discarding
a heart from his hand, miffed a spade,
played a trump to the king and mffed
another spade. He then cashed the A-
Q of trumps, producing this position:

North
VA62
&A72
West
#KQ
Â¥Q1098
South

v7
#107
#1096

Lauria next led the trump ten,
discarding a heart from dummy.
East, who could not afford to part
with a club, was forced to discard a
heart. Lauria thereupon led a heart to
the ace and ruffed a heart, exhausting
East of hearts and reducing all hands
to three cards.

The club ten was then led and
ducked to East, who had no choice
but to retum a club, handing South
the contract.

East
WVKIS5
£Q]8

Picot

och pooh potto

k took toot tooth
TOOTHPICK topi topic

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>
o
~
»
8
°
a
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°
°
a
a

'S SOLUTION
tic photic photo

cook coop coot hock
oco p

hoo;

YESTERDAY
phop
hoo.
optic o
ck p
cc.

bo



om coe

—_—————__ -

3

astronomy

the study of
matter outside

the Earth's

atmosphere



Sometimes a winning move can

look very simple in hindsight, but
can be visually or psychologically,
difficult to find over the board.
Today's puzzle is from Sergei
Fedorchuk v Rainer Buhmann,
junior world championship 1999, a
pairing between two players who 5
were then unknowns but who later |
both became grandmasters. White
has queen and rooks tripled on the 3
open el-e8 line, so is in control, but
material is level and Black's
defensive formation seems solid if!
a tad passive. When | examined
the position | looked hard at
sacrifices like 1 Bg6 (countered by
Nf6), 1 Qe6 (Black ignores the
queen and doesn't fall for fxe6? 2
Nxe6+ and 3 Nxc7) or even the
flamboyant 1 Qe8+? (unsound)
before finally stumbling on the



‘MONDAY, »

APR 7 |

AQUARIUS - Jan 21/Feb 18

It looks like you’ve got a case of
spring fever, Aquarius. After so
many cold weeks, you deserve a little

' play time. Enjoy!

PISCES — Feb 19/March 20
There’s a song in your heart this
week, Pisces. Could you be in love?
It’s about time someone noticed you
for the brilliant-and sensitive lover
you are.

ARIES — March 21/April 20
Don’t let the green-eyed monster grab
hold of you this week, Aries. A col-
league’s successes are well-earned.
Your tum will come soon enough.
Sagittarius plays a role in romance.
TAURUS ~ April 21/May 21
You may feel like a king, but don’t
forget that you're carrying a pauper’s
purse. Think twice before you spend
money this week — soon, it won't
seem So easy to come by.

GEMINI — May 22/June 21
Doubts about a new romance have
your head spinning, Gemini, but
don’t do anything rash. After all, you
have a tendency to rush things. Relax,
and take this one step at a time.

CANCER = June 22/July 22
Friends and coworkers will call on
you for help this week, Cancer.
Though it may seem overwhelming,
your nurturing nature won’t let you
say no. Good — they need you.

LEO - July 23/August 23
You feel like celebrating this week,
Leo. Go ahead and enjoy yourself.
Others will be drawn to your irre-
sistible energy. Step lively to avoid
office quagmires on Thursday.

VIRGO — Aug 24/Sept 22
You're not feeling particularly
sociable, Virgo, but it’s important
that you make yourself go out this
week. Take a friend along if it'll
make you feel better about it.

‘LIBRA — Sept 23/Oct 23

This will be a long work week. By
Friday, you'll be climbing the walls if
you don’t bum off some of that ner-
vous energy. Romance awaits in the
Great Outdoors.

SCORPIO — Oct 24/Nov 22

A loved one’s illness has you on
edge, but that’s no excuse for your
recent behavior. Work out your frus-
trations in the gym, not on friends
and business associates.

SAGITTARIUS — Nov 23/Dec 21
This might be a good time to stay .
home and enjoy a little solitude. Read
a book, take in a movie — do what-
ever it takes to nurture your sense that
you are special.

CAPRICORN - Dec 22/Jan 20
It’s not your job to make it right,
Capricom, and if you insist on trying,
you'll not only fail, but be miserable
in the process. Find a creative outlet
to express your love to another.

CHESS by Leonard Barden

correct idea. Future GM Fedorchuk,
however, spotted it quickly and his
opponent immediately conceded
defeat. Can you find White's winner
and why it is so crushing?

LEONARD BARDEN

Chess 8584: 1 Qf4! Resigns. If Qxfa (else 2 Qxc7 or 2

Ne6+ wins) 2 Re8+! Rxe8 3 Nd7 mate.



TRIBUNE



MONDAY EVENING APRIL 7, 2008

| 7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30

NETWORK CHANNELS

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by Sydney Laurence, (N) loc) aviator. (CC) (DVS) tirement concept. 1 (CC)
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N (CC) Theory ( (CC) /Men Odd reac- |Alamodome in San Antonio, (Live) (CC)
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tent M (CC) _|incestuous pregnancy.

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WSBK icc) wants tobe an hires a match-
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PREMIUM CHANNELS

har FOR Real Time With Bill Maher Robert |John Adams “Unite or Die” Adams (:15) Extras ‘The Extra Special Se-
HBO-E |Your consip- |Reich. 0 (CC) becomes the country’s first vice —_|ries Finale” Success is not what it
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HBO-P {THEMATRIX __|irons, Sienna Guillory. A dragon’s egg leads a farm boy| Sandra Bullock. Truman ane forges a relationship
RELOADED ‘RP’ |to his destiny. O ‘PG’ (CC) with a convicted Killer. 0 ‘R’ (CC)

6:00) kA | &&»% BEST IN SHOW (2000, Comedy) Michael | % % % FOR YOUR CONSIDERATION (2006) Christo-

| HBO-W (00 YEAR Hitchcock, Parker Posey, The fur flies at a prestigious re Guest. Awards buzz surrounds the star of a horri-
(2006) ‘PG-13' {Philadelphia dog show. 1 ‘PG-13' (CC) le independent film. ‘PG-13' (CC)
(00) * x A GOOD YEAR (2006, Romance-Comedy) | % &% SCENT OF A WOMAN (1992, Drama) Al Pacino, Chris O'Don-

H BO-S tussell Crowe. A London banker inherits his uncle's nell, James Rebhorn. A blind man introduces a student to life's pleasures.
vineyard in Provence. ( ‘PG-13' (CC) R

1 'R(CC)
ee % % THE] & x BROKEN ARROW (1996, Action) John Travolta, Christian Slater, | x» NORBIT (2007, Comedy) Eddie
MAX-E [ROOKIE (1990) |Samantha Mathis. A renegade Air Force pilot commandeers two nuclear |Murphy, Thandie Newton. ‘A ‘PG-
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(20) * & THE FLY (1986, Science Fiction) Jeff | %& SHE'S THE MAN (2006, Romance-Comedy) . |(:45) Sin City Di-
| MOMAX |Goldbium, Geena Davis, John Getz. Scientist's mole- |Amanda Bynes, James Kirk, Channing Tatum. A stu- aries "Chorus
cules merge with a fly's. © ‘R’ (CC) dent poses as her twin brother. 1 ‘PG-13' (CC) Dreams’ (CC)

* & & GOD SAID, HA! (1998, Comedy) Julia



















HA! (1 Tracey Ullman’s |Tracey Ullman’s |The Tudors (iTV) Henry under-
SHOW __|Sweeney. iTV Premiere. bore Julia Sweeney re- |Stateofthe {State ofthe — |mines the LA Catholic Church,
Counts her struggle with cancer. 1 ‘PG-13' (CC) Union (CC) Union (CC) 1 (CC)
why + THE] * NATIONAL LAMPOON'S DORM DAZE (2003, —_|(:45) DORM DAZE 2: COLLEGE AT SEA (2006, Com-
TMC ILENT PART- |Comedy) Tatyana Ali, Boti Biss. Two women tum _|edy) Gable Carr. Collegians board a cruise ship con-









NER 'R’ heads at a coed dormitory. 0 ‘R’ (CC) taining a stolen jewel. 1 ‘R’ (CC)



MONDAY, APRIL 7, 2008, PAGE 23

MEAD MANS “CHEST 4

Let Charlie the 2
Bahamian Puppet and ly
his sidekick Derek put 2»

some smiles on your
kids’s faces.



Bring your children to the
McHappy Hour at McDonald's in
Malborough Street every Thursday
from 3:30pm to 4:30pm during the
month of April 9008.



Enjoy Great Food, Prizes and Lots of Fun.

(T)

i'm lovin’ it



PAGE 24, MONDAY, APRIL 7, 2008 | THE TRIBUNE

a

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a
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a ea

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| Store Hours: Mon to Set: am-9 pom, except tyfond Cay 7 am- 8pm , Sun: 7 am- Noon all stores, except Lucaya open until 2 pm
| ‘and Harbour Bay & Cable Beach open unt 5 pe |
fi Advertised products may differ from the photos shown. Some product availability may differ for Grand Bahama





RE BPE





Ree e:

MONDAY,

“APRIL. sy

PEP Yo CN Ta

2008

epeeye Tey





Confidence For Life

Desperate job seehisies queue outside Albany

@ By NEIL HARTNELL
Tribune Business Editor

etween 50-60 desperate

job seekers queued out-

side Albany House every

morning last week to seek
work on the $1.3 billion project, the
developers told The Tribune, provid-
ing further evidence of what one lead-
ing contractor said was an “absolute-
ly desperate” situation for Bahami-
an construction companies and work-
ers.

Christopher Anand, the Albany
Golf & Beach Resort’s managing
partner, said those queuing outside
Albany House, which lies behind the
long pink wall on South-West Bay

Stamp Tax dispute may Colinalmperial head predicts

block BORCO purchase return to 2006 profitability

* Developers say 50-60 lined up outside Albany House every day from 6.30am to look for work last week

* Albany construction now likely to require 1200-1500 workers at Phase I peak, and 3,000-3,500 at Phase II peak,
* Leading construction company ‘inundated’ with work and job applications”

* Executive describes Bahamian construction as being in ‘absolutely desperate’ state
* UBS and British Colonial Hilton contracts out to bid

Street, were a “little early”, as the
565-acre development was now only
just gearing up for full Phase I con-
struction. Subdivision approval for
that phase was received from the
Government last week.

“We've had, early in the morning,
lines of 50-60 people looking for work
at Albany, just as we’re beginning to

crank up,” Mr Anand said.

“They’ve been doing it all week,
from 6.30am to 7am in the morning.
It’s been a little difficult to deal with,
as they’re a little bit early [in terms of
the project start].”

Apart from construction industry
professionals and tradesmen, Mr
Anand said IT workers had been

among those queuing for work.
He added that the Albany devel-

- Opers were now sorting out “the first

four or five scopes of work” following
last week’s subdivision approval, and
one positive for the Bahamian con-
struction industry was that the devel-
opment’s tight deadlines meant more
workers were needed than originally

' projected.

“An awful lot of money gets spent
pretty quickly,” Mr Anand said. “I
never quite realized how many people
we would be hiring.”

He told The Tribune that during

SEE page 7B

@ By NEIL HARTNELL Bu 0 give 209
Tribune Business Editor me lans to give 0%
————— __ stake and operator rights
©. H- OE ;

Bahiainas Oil to Dutch company, with

Refining company renamed Vopak

Company :

Internation- Terminal Bahamas

al’s (BOR-

CO) multi- ernment and BORCO had yet

million dollar to reconcile their position on

purchase will
not receive
governmental
approval
unless it is able to reach agree-
ment on the amount of Stamp
Tax the transaction will gen-
~ erate, a minister indicated to
The Tribune.

Zhivargo Laing, minister of
state for finance, confirmed to
this newspaper that the Gov-



the amount of Stamp Tax that
was payable on the transac-
tion.

“There is a point of view that
the BORCO people have
about what is payable, and
there is a point of view the
Government has about what
is payable. That is where the

SEE page 9B

Insurer acquires
30 per cent stake
in Walk-In Clinics

@ By NEIL HARTNELL
Tribune Business Editor

- A BAHAMIAN insurer has
acquired a 30 per cent stake in
the company that owns two
New Providence-based Walk-
In Clinics, aiming to use the
facilities as a ‘one-stop shop’
for performing all blood tests,

x-rays and diagnoses necessary ©

for writing life and health

insurance premiums.
ColinaIlmperial Insurance

Company, which is owned by

* Colinalmperial
obtains licence for
Florida expansion

* Targets 80% life
insurance retention
benchmark |

*In full compliance
with ‘21 conditions’

SEE page 6B

Freeport Concrete
warns on Q2 loss

@ By NEIL HARTNELL
Tribune Business Editor

FREEPORT Concrete’s
directors have warned that the
company will report a second
quarter 2008 loss, with sales at
its Home Centre and concrete
plant subsidiaries down 5 per
cent and 16 per cent respec-
tively due to a “stagnant”
Grand Bahama economy.

Writing in the company’s
annual report for fiscal 2007,
the directors warned that the
“full effects” from the eco-
nomic downturn were felt by
Freeport Concrete in the three
months to February 29, 2008.

Coupled with the $74,000



Home Centre ‘and ©
concrete sales down 5%
and 16% respectively

first quarter loss, and predic-
tions-of further struggles in the
third quarter, and the compa-
ny’s shareholders are unlikely
to have a warm feeling as they
approach the April 25, 2008,
annual general meeting
(AGM).

The directors said: “The full
effects of the significant slow-
down in the Grand Bahama
economy have been felt by our

SEE page 8B

@ By NEIL HARTNELL
Tribune Business Editor

COLINAImperial Insurance
Company’s president said he
“would be surprised” if the
Bahamian life and health
insurer did not return to 2006
profitability levels this finan-
cial year, with the company’s
premium levels set to increase
by between $13-$15 million
from the repricing of individual
medical policies and greater

. efficiency on the group medical

side.

Monty Braithwaite said the
initiatives taken to address the
loss Colinalmperial incurred
on its health insurance busi-

ness, which accounts for about



Hts CL eryiting a small ¢

TOSHIBA °

Don't copy. Lead.

THE DAVIS FAMILY

Confidence For Life

KS ColinalImperial.

* Life and health insurer’s revenues to rise $13-
$15m from individual medical conversion

* 80 per cent of health policyholders stay
despite premium increase

* Group medical policies reduced from 17
to three, with new administration system
to reduce costs, boost efficiency

50 per cent of the company’s
$147.783 million in premium
revenues, during 2007 were
likely to increase premium rev-
enues by $13-$15 million in the
12 months to December 31,
2008.

Michelle Fields, the Coli-



nalmperial vice-president who
has now taken “frontline
responsibility” for the compa-
ny’s health insurance business,
told an analysts’ meeting:

SEE page 4B

Exuma -Abaco Freeport °

One family with many needs. For
a solid financial foundation and
customized advice, their choice is

Colinalmperial.



242.356.8300
Info@Colinalmperial.com

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ra

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es

at Se Vi %

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PAGE 2B, MONDAY, APRIL 7, 2008 THE TRIBUNE

FirstCaribbean International Bank (Bahamas) Limited
Gives Away

{
|
|

Ged FinstCanissean ig MRCH 2008
GEE ERERE. REHGE RHER,

Rag Ba the
Qreeiize ok

EPBU 20000.00
ee TEA WERT)


°

‘fhe aah denier any, \ Aor
Dvd Gueeniasenes Pte tnt Maa (wk meri do Whe AAI, Aso eh ‘a 5 dagmatuee Mf
yt
/

Pictured | to r, are: Associate Director Retail, Gezel Farrington; Harbour Bay Branch Manager, Paul Bartlett; Ms. Keva
Mae Hepburn, $20,000 winner; Retail Director, Anna DeGregory; and Consumer Finance Manager, Marvin Major.

3 Ms. Keva Mae Hepburn is the grand prize winner of $20,000 in cash in |
_ .. FirstCaribbean International Bank’s recently concluded.
“Save a Little and Win A Lot” Deposit Campaign. — ,

= FIRSTCARIBBEAN

INTERNATIONAL BANK.
GET THERE. TOGETHER.

Public Utilities Commission

JOB OPPORTUNITY

The Public Utilities Commission (PUC) has been established by statute
for the regulation of the telecommunications, electricity and water and
sewerage sectors in The Bahamas.

The PUC is seeking a utility regulatory professional with training and
experience, particularly in the field of telecommunications regulation,
to fill the position of Executive Director.

The Executive Director is the Chief Executive Officer of the Commission
reporting to the Chairman, and is responsible for the day-to-day
administration of the affairs of the Commission and for ensuring that
the Commission is provided with high quality technical advice and
guidance in the execution of its functions.

The successful candidate will be required to provide leadership and

management direction to the PUC. The candidate will also be a high- .

a ee Congratulations to Ms. Gladys Johnson

orn pereaper ae hg cena Winner ofthe British American “ary Bird” Customer
| iad ail ip FOU ee al best practices. This post will Anpreciation Campaign for February.

The successful applicant will have a Master’s Degree or Professional

Certification in Economics, Management, Law or Engineering and is (L-R) Allan Ferguson - Sales Manager, Blue Hills; Wendell

expected to have had ten (10) years practice as a trained regulator. Smith > Assistant Vice President, Sales & Develapment;
Joyanne Pageet - Branch Manager Blue bills; Margo

The PUC offers a very attractive remuneration and benefits package Evans — Agent, Blue bills; Gladys Johnson (seated) - Early

together with a pleasant working environment. Further information about Bird Winner - February : :

the PUC can be obtained from the website: www.PUCBahamas.gov.bs

Interested applicants may deliver resumes to:

Executive Director, Public Utilities Commission ah
4m Terrace East, Collins Avenue 3 ‘ ritish
Fax No. (242) 323-7288 242-461-1000 | www.babfinancial.com :
E-mail: PUC@pucbahamas,gov.bs Freeport 242-352-7209 Exuma 242-396-3035 Abaco 242-367-5601 ww © mer ican
‘ Pin AN CHEHAL
Applications should be received by 18 April, 2008. Only applicants who ;, ,
have been short-listed will be contacted.





THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 3B





Haiti can be
region’s China

@ By CARA BRENNEN-
BETHEL
Tribune Business

Reporter
WITH a labour pool in the

millions, Haiti has the potential ..,

to be the China of the region,
an economist and advisor to
its president told Bahamian
business persons during a talk
on the island’s investment
potential.

Charles Clermont said that
although still experiencing its
challenges, Haiti was open for
business and in desperate need
of foreign direct investment if
it was to rebuild itself, turn the
economy around and keep its
citizens at home.

He added that Haiti was
experiencing much more eco-
nomic and political stability
than it had in recent years.

Television

“What you see on television
and read in the press, of the
dire conditions of the country,
is not the sole Haiti. People
need to understand that there
are great opportunities for





from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for.a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986
and share.your Stony:



plus





regulations.




Share your news

The Tribune wants to hear

SPECIFIC KNOWLEDGE REQUIRED

* Sound knowledge of Contract Administration.

improving the business climate.
We are opening for business -
not fully open, but opening,”
Mr Clermont said.

Population

In particular, he added that
because Haiti has a population
more than eight million-strong,
there was a tremendous mar-
ket for employing persons in
the services and manufactur-
ing fields.

Mr Clermont said that as a
developing nation, the coun-
try benefits from certain inter-
national breaks that lower the
cost of doing business.

In addition to a potentially
lucrative agriculture market in

particular crops, such as man- ,

goes and peppers, Haiti also
held possibilities when it came
to the manufacturing of uni-
forms and other garments.

“We have the potential to
be the China of the region,”
Mr Clermont said. He added
that Haiti could possibly serve
as a transshipment point to the
Bahamas and other countries
in the region.

Mr Clermont said the suc-















NOTICE OF VACANCY

A vacancy exists at The Grand Bahama Development Company Limited for one
(1) Projects Manager. This position reports to the Vice President of Development.

The successful candidate will be required to provide technical support and
guidance in the areas of super-structural and infrastructural developments and
rehabilitation works as necessary; perform condition survey on Company buildings
and infrastructure (including roadways) throughout the Lucaya areas when
required; plan, implement, and manage civil engineering capital works projects
undertaken by the.Company.

QUALIFICATIONS AND EXPERIENCE
BSc. in Building, Structural or Civil Engineering - Postgraduate studies a

Minimum of five (5) years relevant engineering experience
- Minimum of three (3) years relevant supervisory experience
Professional registration a plus

Sound knowledge in road design and rehabilitation.

* Sound knowledge of construction techniques and safety parameters.

* Sound knowledge of engineering design techniques and the governing code
required in achieving internationally accepted standards.

* Working knowledge of Contract Law.

* Sound knowledge of established construction practices and related statutory

REQUIRED SKILLS AND SPECIALIZED TECHNNIQUES

Competence in the application of project management techniques

cess of Digicel, which provides
cellular phone services in Haiti,
proves that business on the
island can.be lucrative. That
company has shattered its pro-
jections for demand.

Digicel has.invested more
than $300 million into the
island and been successful,
which shows, Mr Clermont
said, that investing in the coun-
try can pay off. He added that
many foreign and reputable
companies are backing Hait-
ian investment, such as
Citibank which is providing
between $30-35 million as a
partner in the island’s energy
company.

Capacity

Mr Clermont said that while
the Haitian government is
working to build capacity, it
will need the help of private
sector investments.

He added that while Hait-
ian business persons are typi-
cally used to working with
European and US investors,
they would welcome opportu-
nities presented by Bahami-
ans.

PH ey
LL St

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Emre)



PARADISE ISLAND
BAHAMAS

1 Paradise Island Drive
Paradise Island, Bahamas

Bahamas National

Trust Annual

General

Meeting

Thursday, April 10, 2008

at

6:30pm
at the
Retreat, Village Road

All members
and interested persons
are invited to attend

Our guest speaker will be

os Ww 5 os

Good coordinating skills.

Good human relations skills.
Ability to communicate effectively.
Computer literacy as evidenced by full working knowledge of Microsoft
Word, Excel, Auto Cad and Microsoft Projects.

Hon. Earl Deveaux,
Minister of Works










Résumés with supporting d entation etuald te subinitted ta: Cocktail reception immediately following the meeting.

The Personnel Department
The Grand Bahama Development Company Limited
P.O. Box F-42666
Freeport, Grand Bahama
BAHAMAS
Or
Email: personnel@gbpa.com
On or before April 28, 2008.














PAGE 4B, MONDAY, APRIL 7, 2008

RRS SS STS a Ne MS 2

Colinalmperial head predicts return

FROM page 1B

“Towards the end of last year,
we underwent a repricing of
our individual medical portfo-
lio, which had not seen a pre-

mium increase since 2004.”
This had involved a phasing
out of former Global
(Bahamas) individual medical
insurance policies that had not

2004, and their conversion to
Colinalmperial’s higher-yield-
ing Shape A, B, C policies,
which generate higher annual
premiums:

“We expect to see some

seen a premium increase in

VACANCY FOR THE POSITION OF:

(ASSISTANT FINANCIAL CONTROLLER
MAJOR COMMERCIAL BANK

Core responsibilities:

Support the Financial Controller in the day to day
management of the Bank’s financial accounting and
reporting functions.

Assist in the management of the budget preparation
process. .

Assist with the preparation of Month-end and Quarterly
financial and managerial reports.

Preparation and submission of regulatory reports.
Assist with development and implementation of
institution wide financial and internal controls.
Provide support to facilitate compliance with Accounting
standards.

Knowledge, Skills and Abilities:

Ability to operate in a fast moving and dynamic

environment.

Accounting designation (ACCA, CPA, CGA or related

designation).

Highly developed analytical and financial management

skills.

Excellent team working abilities.

Proven skills in managing a small team.

Strong communication skills.

Time management and organizational skills.

omiepe tM Lol pfeyeb eve

Benefits include: Competitiv salary commensurate with
experience and qualiff@etionsW@Houp Medical (includes
dental and vision) and Life Insurance; Pension Scheme.

Interested persons should apply no later than April 25th,
2008 to:

The Tribune
P.O. Box N-3207
DA #62993A
Nassau, Bahamas



BAHAMAS NATIONAL TRUST

Enviromental Education Officer and
Community Liasaon: Black Point, Exuma

The Bahamas National Trust is seeking a qualified Education
Officer for posting at Black Point Community Library on a three
year contractual basis.

Primary Tasks:

- Develop environmental education programmes for students
of Black Point School and work with classroom teachers to
integrate them into science or social studies curriculum.

- Manage the Black Point Community Computer Center
and Library

- Teach basic computer skills to both students and adults

- Prepare scheme of work and weekly lesson. notes for
teaching units

- Prepare quarterly reports that provide an overview of program
activities with sample materials used.

- Provide and plan activities that provide students with skills
and knowledge to make them effective stewards of the Black
Point community and the Exuma Cays Land and Sea Park

Primary Skills Required:

- Computer literate (Word Processing, Internet technology and
communications)

- Bachelors degree or greater in biology/combined science,
history/geography, general studies or related fields.

- Proven writing and interpersonal communications skills

- Demonstrated ability to organize time, manage diverse activities,
meet deadlines

- Commitment to natural resource conservation in The Bahamas

- Positive attitude

To apply for the position, send cover letter, resume, three references
including telephone numbers and email address to:
(bnt@bnt.bs)
or
P.O. Box N 4105, Nassau, Bahamas
by April 30, 2008.

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increase in premium revenues
because of that, and hope the
claims experience [in 2008] will
not increase more than medical
inflation,” Mrs Fields said.

Mr Braithwaite added that
so far 80 per cent of the former
Global (Bahamas) policyhold-
ers had so far converted to the
higher-premium A, B, C poli-
cies, saying: “That indicates to
us that if these people went
shopping, all things being
equal, the premium prices are
competitive. Eighty per cent is
very healthy. Individual med-
ical sales year-to-date are
ahead of last year, despite the
conversion and premium rate
increase.

“T would be surprised [this]
year if top-line revenues did
not grow by $13-$15 mil-
lion....... I would be surprised,
all things being equal, if we did
not return to 2006 profitability
levels.”

Colinalmperial, whose Coli-
na Holdings (Bahamas) par-
ent is listed on BISX, saw prof-
its drop by 44 per cent in 2007
to $4.366 million, compared to
$7.843 million in 2007, largely
due to volatility with its health
insurance business.

The increase in medical
claims and payouts saw gross
policyholder benefits increase
by more than $10 million, or
8.9 per cent, to $110.24 million
from $101.193 million in 2007,
With reinsurance recoveries
dropping by over $3 million to
$7.205 million, net policyhold-
er benefits paid out by Coli-

nalmperial rose by 13.7 per
cent to $103.035 million, com-
pared to $90.61 million the
year before, and almost $13
million rise.

With the individual medical
insurance policy repricing hav-
ing completed by end-March
2008, Colinalmperial will this
year enjoy nine months of
additional premium income
from those policies, and three-
four months of benefits from a
new administration platform
and consolidation of its group
health business.

The 2008 third quarter has
been targeted as the imple-
mentation date for Colinalm-
perial’s medical insurance soft-
ware and administration sys-
tem. Mrs Fields said that cou-
pled with the cost savings and
efficiency gains resulting from
this, and the consolidation of
the company’s 17 group health
plans into three as clients
renew over the next 12
months, the increase in premi-
um revenue on the individual
side would counterbalance ris-
ing claims and medical costs.

She said: “We are consoli-
dating our group medical port-
folio. With all the acquisitions,
we had about 17 group medical
plans we were actively selling.
We are in the process of final-
izing a suite of new group plans
that will roll-out over the next
12 months as groups renew.
That should coincide with the
new administrative system.”

ColinaImperial’s health
insurance portfolio was prof-

Office of the Attorney General and
Ministry of Legal Affairs

NOTICE

The Public is adVised that the deadline for receipt of

applications... for... the

following advertised

vacancies inthe Office of the Attorney General is the

18th April 2008

Deputy Director of Public Prosecutions
(Criminal Division)

Assistant Director of Legal Affairs
(Criminal Division)

Chief Counsel

Senior Counsel



THE TRIBUNE

itable in 2005, but produced
losses in both 2006 and 2007,
the bigger of which was in the
latter year.

Mr Braithwaite pointed out
that 40 per cent of medical
claims costs originated outside
the Bahamas, with clients
going for operations and treat-
ments in the US. He added
that with the costs of medical
treatment rising by on average
8-12 per cent per annum, Col-
inalmperial was no different
in having to face a situation
experienced by life and health
insurers across the globe,
namely that these costs were
rising faster than inflation.

Mr Braithwaite said that in
many cases, health insurance
functioned almost as a ‘loss
leader’, with successful insur-
ance companies getting at best
only a 3-5 per cent return to
their bottom line. Yet health
insurance was particularly use-
ful when bundled with other
insurance products, particular-
ly in attracting clients to take
out the more profitable life
insurance policies.

ColinaImperial’s new health
insurance administration sys-
tem would enable the company
to manage the claims experi-
ence, develop peer groups and
better detect patient and ,
provider fraud. Mr Braithwaite
said the consolidation from 17
group medical plans into one
would also help.

On the latter issue, Mr
Braithwaite said that while he
did not want to put a dollar
figure on how much this cost
ColinaImperial Insurance
annually: “I’m sure it costs
quite a bit.

“Tt’s a source of concern for
the Board of Directors. We
have a robust claims audit. The
lady in charge, between 5-7pm
every day, spends time to
review claims. We’ve had US
healthcare providers into
review claims.

“We have never given the
health bloc of business as much
attention and resources as we
have in the last couple of
months. We’re going to get the
results, I’m sure. The next big
hurdle for us is to.take all the
health business on to a new
platform.”

INSIGHT

For the stories
behind the news,
read Insight
on Mondays

VACANCY NOTICE

Excellent opportunities for career advancement exist in the Legal Department
of The Grand Bahama Port Authority Limited & Group of Companies.
Qualified applicants are invited to apply for the position of Legal Counsel.

The successful candidate must have a minimum of 3 - 5 years experience
in Litigation, Real Estate & Development and Commercial Law. Candidates
must demonstrate an ability to work independently and possess a thorough
working knowledge and technical competence in the areas mentioned.
(Applicants with experience in only one of the mentioned areas may also

apply).

Successful candidate can look forward to competitive remuneration and

benefits.

Résumés with supporting documentation should be submitted to:

The Personnel Department

The Grand Bahama Port Authority, Limited

Email: personnel@gbpa.com
On or before April 28, 2008

P.O. Box F-42666

Freeport, Grand Bahama

BAHAMAS
Or





THE TRIBUNE

Kelly's has — contributed —
fo the following —
organizations and

causes in
2007!

x
\

* Feed The Lambs Ministries

°* Fellowship Missionary Baptist Church

¢ First Born Church of The Living God

ay eM ee tem ceL

a aCe MMMM) Cordele Til

* Gambier Community Development Assoc.

* Garvin Tynes Primary School

Coa Un nnce
¢ Aids Foundation of The Bahamas |

Mee lcce- Mie ee mle Cre Clie

¢ Aquinas College

-- Ascension Methodist Church

¢ Assemblies of Brethren in The Bahamas
* Astro Club |

¢ BAAA

¢ Bahama Health

De teltelileew eerie mew Ceyera (elite
eC eluiewe Cer Mme: mee

BOC Crke inl mare

¢ Bahamas Children’s Emergency Hostel
¢ Bahamas Family Planning Association
¢ Bahamas Genesis Institute

* Bahamas Girl Guides

¢ Bahamas Humane Society

- ¢ Bahamas National Breastfeeding Assoc.

* Bahamas Red Cross
eer e uta mates

-¢ Bahamas raed & Vocational Institute

7s Bahamas Telecommunications Company

Lela tell tie CLL Ca

¢ Big Harvest Community Sunday School
¢ Bilney Lane Children’s Home

MM Ranger ty1

- ¢ Boys Club of The Bahamas

-¢ Bureau of Women’s Affairs

¢ CR Walker Senior High School

CM eee tela A) mM Solio Liiles

mea YM Me eoliteM lille me Ltitee)

* Child Evangelism Fellowship Bahamas

Ol fe leTiWM cel cellar Cly

¢ Church of God Cathedral Children’s Choir
¢ Church of God of Prophecy, Fox Hill
eT CM eile medal)

¢ Conquerors For Christ

* Court of Appeal

¢ Cousin McPhee Cathedral

° D. W. Davis Jr. High School

¢ Department of Education

ely steam ml melt

* Discovery Learning & Development Centre
* District Grand Lodge of The Bahamas

* Doctor’s Hospital Associates Awards
a irr mca

¢ Ebenezer Englerston Boys Academy

* Elizabeth Estates Children’s Home

¢ Elshaddi Inner Healing Ministry

oe ile ey m ie Ce Lach icy a)

* Englerston Urban Renewal Project

¢ 57th Annual Bimini Native Fishing Tournament
* Faith Temple Christian Academy

¢ Farm Road Urban Renewal Project

* Gleniston Centre for Learning
¢ Grace Community Church
¢ Grant's Town Wesley Methodist Church
* Great Commission Ministries $
* Head Start Preschool
thi tae le mele)
* Holy Trinity AME Zion Church
* Hope Worldwide Bahamas Kidz Splash 2007
aCe) el-Xe (el (MM a)
* Junior Baseball League of Nassau
* Kemp Road Urban Renewal Project
* Kingsway Academy
EMA Mem eels](-M-L-teCd
ema Mem mya isis)
eA eesti)
* Lily of The Valley Prayer & Deliverance Min.
eel Mel Mem Cre hiC um ac CCT
* Marriage Keepers
* Medical Expenses of Maria Sampey
* Medical Fund of Carmette Lockhart
* Message of Hope Seventh Day Adventist Church
¢ Ministry of Education, Youth, Sports & Culture
¢ Ministry of Public Service
UCT mie) ima
* Mt. Pleasant Green Baptist Church
Am Sema io Lae
* N.P. District Youth Department of
Mem elem se) ee
a Corre Mehmed
¢ Nassau Circuit of Methodist Churches
* National Youth Choir
ey Ad e-X-Xe ML) ile Yel)
¢ New Lively Hope Baptist Church
¢ Our Lady of The Holy Souls Roman
Catholic Church

* Our Lady’s School

* P, A. Gibson Primary School

* Pan American Health Organization

* Peardale Seventh Day Adventist Church
Te eel ce (elem Cys Tice

Oe aed m ry iil Mtoe

* Prison Officer’s Dependant Fund —

* Project B.E.A.C.H. |

¢ Public Hospitals Authority

* Queen’s College Parent Teacher Assoc.
¢ Re-Earth

* Rotary Club of West Nassau

¢ Royal Bahamas Defence Force

* Royal Bahamas Police Fire Services
elm fells m a Mle 7

a To] teva Caries)

* Royal Rangers Boys Club

Pe Teloee Maem MALCOM da
ey Nea of) RTA Cy)
MCC
PMR YT ML Cm Ue
a eer tem Chim Littl eel

¢ St. John Native Baptist Society of Churches
* St. John’s College

MONDAY, APRIL 7, 2008, PAGE 58

¢ St. Joseph’s Parish

Mi awe seman)
Mim can

¢ St. Thomas More School

* St. Vincent de Paul Society

SPM cea ce we) MeL Primary ST
Tonelli maaiitela metals) :
nec nCiitik ction

_ * Sea Bees Swimming Club ee
. © Simpson Penn/Williemae Ho Centres agi

RTT lim roi m ute Gg

* Special Olympics

* Stapledon School

¢ Stephen Dillett Primary oe

ee mech M CCL

* Teachers & Salaried Workers Co-operative
Credit Union

* Teen Commonwealth Youth Club

eT

SPCR CUR Cu RR teste i
Methodist Episcopal Zion Church

eM Sele MO Telit ol-taeey MO) c <-

aM hrm eee MC Sut oe
Club 782534

eM Selelileem el lieecerlate tcl

¢ The Bahamas Historical Society

¢ The Bahamas Mothers Club

¢ The Bahamas National Council For Disability

¢ The Christian Tabernacle Church

Pe Ml Ye (CM elie ey

HMO eM eT g-)

* The Governor's Harbour Dev. Assoc. —

LeMay mm lite Lile

MM hiC meee MeL

eM Relea Tema Mele Clute Mm Colle)

* The Long Islanders Association

* The Lovely Bay Development Association

* The Mark Knowles Celebrity Tennis Invitational

¢ The Nassau Garden Club

eM eee roc)

TM lm ee CMT le ts F «

PM eel mutts Le MAL CERT LLL

SM er eele Ota .

* The Revival Theme Ministry

* The Royal Society of St. George

Teel lime aii) yg

¢ The Sir Victor Sassoon (Bahamas)
Heart Foundation

¢ The Surgical Suite Sister, Sister
Breast Cancer Support Group

* Thelma Gibson School

eee eh liceL

* Totland Christian Centre

Tm eC MLC cere

* Worldwide Church of God

- © Yodephy Dance & Modeling ee ak

¢ Youth Alive Ministries "
¢ Z Bandits Junkanoo. Ore Ch
¢ Zeta Phi Beta Sorority

We apologize to
any organizations
inadvertently
left off this list.

Kelly’s

Tel: (242) 393-4002
Fax: (242) 393-4096

Houses
Home.

Mall at Marathon
Monday-Friday 9:00am-8:00pm
Saturday 9:00am-9:00pm
Sunday Cafes
TOMALES ue Raed





PAGE 6B, MONDAY, APRIL 7, 2008

THE TRIBUNE





Insurer acquires 30 per
cent stake in clinics

FROM page 1B

BISX-listed Colina Holdings
(Bahamas), paid $3.403 mil-
lion for its stake in Walk-In
Holdings Ltd, which owns the
two Walk-In Clinics on Collins
Avenue and at Sandyport.

The deal, which closed on
November 30, 2007, as well as
providing potential Colinalm-
perial clients with their own
entrance and access to those
facilities, is designed to reduce
the lag time between when a
life and health insurance policy
application is made and its set-
tlement.

By having one location
where all medical testing on
clients is performed, Coli-
naImperial believes the move
will cut down on the time, costs
and “aggravation” of having
to take clients to multiple loca-
tions around Nassau for their
medical screening.

Meanwhile, Monty Braith-
waite, Colinalmperial’s presi-
dent, told an analysts’ meeting
that he was pushing for the
company to achieve interna-
tional industry benchmarks of
an 80 per cent retention rate
for life insurance sales over a
24-month period.

Currently, Colinalmperial
was just two percentage points
away from this landmark at 78
per cent, and Mr Braithwaite
said achieving that benchmark
could add another $6-$7 mil-
lion to the company’s per
annum premium revenues.

While Colinalmperial’s per-
formance with regard to this
ratio had improved markedly
over the past three years, hav-
ing gone from just 68 per cent
in 2005 to 75.2 per cent in 2006
and 78 per cent last year, Mr
Braithwaite said he continual-
ly reinforced his desire to

Looking for an experienced

Fund Administrator

A small start-up Fund Administration company

is looking for a dynamic person who has a few years

experience in the Administration of Bahamas SMART

and Professional Funds. The ideal candidate would

also be assigned other related tasks. He/she must be |

able to fit in a small young group group of prfession-

als and is a motivated team-player. Please send your

resume with a salary expectation to HR Management,

P.O. Box N-7755, Nassau, Bahamas.

—

CUM!

NAD

Nassau Airport

Development Company

The Nassau Airport Development Company (NAD) is looking for qualified and experienced Bahamian construction professionals to join our group of aviation and customer service
experts as we embark on a $400 million redevelopment and construction of the new passenger terminal and related infrastructures.

attain this goal in meetings
with the company’s 95 agents.

Cathy Williams, Colinalm-
perial’s finance director, said
the company’s balance sheet
was “very strong”, its Mini-
mum Continuing Capital Sol-
vency Ratio (MCCSR) having
improved to 178.9 per cent at
year-end 2007, compared to
175.8 per cent the year before.

‘The company’s safety ratio,
which measures total policy lia-
bilities divided by assets, was
61 per cent, something Ms
Williams said showed the com-
pany was “still conservatively
reserved”.

She added that changes in
the investment securities mix,
with Colinalmperial improv-
ing the duration and yield on
certain investments, had
enabled there to be “a little bit
of a release of reserves”, as
future cash flows were now

better-matched to liabilities.

Mr Braithwaite said Colina
Holdings (Bahamas) Board
had yet to decide whether to
declare a dividend for 2007,
saying any decision would
probably be announced at the
company’s Annual General
Meeting (AGM) in late May
or early June 2008.

He added, though, that on
October 20, 2007, the group of
Bahamian financial services
regulators had written to Coli-
nalmperial telling it that it was
now in full compliance with
the 21 conditions imposed
upon it over the Imperial Life
acquisition, and that the issue
was now closed.

In giving their ‘full compli-
ance’ verdict, both the regula-
tors and the Government
appear to have waived the con-
dition that Colina Holdings
(Bahamas) majority share-

Extended Stay

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1(242) 394-4949

of Mackey Streat and the otd fe old Paradies tnend Snape ,

holder, A. F. Holdings, reduce
its stake in the BISX-listed
company from around the
then-66 per cent to 51 per cent.
As at December 31, 2007, A. F.
Holdings, the investment vehi-
cle owned by Emanuel Alex-
iou and Anthony Ferguson,
still owned a 58.1 per cent
stake.

With the Bahamian life and
health insurance market rela-
tively mature, especially on

’ New Providence, and organic

growth difficult given the long-
term nature of life insurance

’ contracts, Mr Braithwaite in

response to The Tribune’s

questions acknowledged that

the company was looking at
opportunities abroad.
Colinalmperial was “active-
ly looking at some markets in
Latin America” and develop-
ing a life insurance product to
fit. And Mr Braithwaite added:
“We’ve already obtained our
Florida licence, which would
allow us to sell services in
Florida to non-US nationals.
We're talking to sophisticated

people who know the market.”

To broaden distribution
channels in the Bahamas, Col-
inalmperial has already set up
an arrangement with Insurance
Management for the latter to
sell its life insurance products,
and was now also taking to
Star (General) on Grand
Bahama, Mr Braithwaite said.

“Within the next three to six
months we will be rolling out
our annuity product, which for
our agents is a big piece of the
puzzle. They fell they have
been at a disadvantage by not
having that option to offer to
their clients,’ Mr Braithwaite
added.

After a previous purchase
fell through, Colinalmperial is
now looking at renting out the
former Colina Insurance head-
quarters on Village Road to
three separate tenants, feeling
the 17,000 square-foot size of
the property within a two-acre
site, and the availability of
ample parking space, would
prove attractive to commercial
clients.

RTM TT
URS Me BB Paer ey a TEL

NOTICE

NOTICE is hereby given that SEAN THOMPSON PALMER,
P.O. BOX N-4309, PRINCE CHARLES DR, NASSAU,
BAHAMAS, is applying to the Minister responsible for Nationality
and Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 31ST day of MARCH, 2008 to the Minister
sesponsible-for.Nationality.and_Citizenship, P.O.Box.N-7147,

Nassau, Bahamas.

The successful candidates will have at least 10 years’ progressively responsible construction/project management experience ideally within an international airport construction
environment. Preference will be given to those with terminal building, airside and airport systems expertise. Proven leadership skills, the ability to work effectively with stakeholders, and
excellent oral and written communication skills are all prerequisites. Candidates must have superior analytical and problem solving skills, the capability to work in a deadline oriented
team environment and proficiency in project related software.

Project Scheduler

Reporting to the Project Director, the Project Scheduler will be responsible for
establishing base-line criteria to plan and schedule workload relative to scope of work
and assist project leaders in determining schedule priorities.

RESPONSIBILITIES:
* Develop the project master schedule and incorporate critical milestones in each
consultant / construction contract to ensure project deliverables are contractual

obligations;

Ensure all consultants/contractors produce a detailed schedule indicating how
milestones will be met;

Review and evaluate schedules for completeness and realism, expediting any operation
that delays schedules and adjust schedules to meet unforeseen circumstances;

Monitor, review and analyse schedules and status of contractors during all phases of

the project and prepare monthly progress reports;

Candidate should have 10 — 15 years of solid planning/scheduling experience on large
industrial projects; excellent computer skills in MS Office and Primavera planning

software.

A competitive salary and benefits package will be offered to the successful candidates.

Project Controller

Reporting to the Project Director, the Project Controller will be responsible for complex
project control activities to ensure project cost controls are developed and maintained

within projected budget.

RESPONSIBILITIES

* Develop and implement a cost/forecast control system;

Monitor critical path and work closely with client's senior accounting personnel;

Develop and manage project budgets, cost estimates, financial indicators, progress

plans and cash flow;

Review and approve all consultant and contractor's progress billings, cost reports and

certificate for payments.

Candidates should have a university degree with relevant cost accounting expertise

including experience as a cost controller for large sized industrial projects.

it you re
resume ae ‘eover etter by

ified and interested: niease send your oO
Sth April 2008 to:

“The President and a

Nassau Airport Development Company

syade ling International Air
Rida a, at



The Baham

Or Fax 377-0294





THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 7B



Banking and insurance opportunities in Haiti

m@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



THERE are many potential oppor-

tunities for Bahamians to invest in
Haiti’s economy and receive a return,
a Haitian economist told a group of
Bahamian businesspersons.

Charles Clarmont, who advises
Haiti’s president, Rene Preval, dis-
cussed the potential for investment in

Desperate job seekers queue outside Albany —

Haiti at a special seminar co-spon-
sored by the Bahamas Chamber of
Commerce and Haitian Embassy last
week. The seminar came on the heels
of the Chamber’s trade mission to the
island last year.

Mr Clarmont suggested that
Bahamians interested in investing, but
who have doubts, should consider
joint venturing with a Haitian coun-
terpart. He said there were many

Haitian businessmen who would wel-
come financial assistance from a
Bahamian.

Mr Clarmont said Bahamians inter-
ested in doing business in Haiti should
sit down with that island’s chamber
of commerce, or banking institutions,
to get a clear picture of whether a par-
ticular company was reputable.

Mr Clarmont said that while a finan-
cial institution can not divulge all their

client’s information, they can provide
a good indication of the company’s
standing as it relates to foreign invest-
ment.

He also noted that financial Ser-
vices and insurance providers were in
short supply in Haiti, industries that
may be an alternative to his other sug-
gestions for investment, agriculture
and manufacturing,

Mr Clarmont pointed out that in

the past, Haiti’s banking sector had
been very conservative, primarily
because bankers were dealing with a
limited set of players. Yet today per-
sons can obtain credit at very good
rates, particularly as the island’s econ-
omy strengthens.

Similarly, he said Haiti was lacking
in affordable insurance for its 8.5 mil-
lion residents, another area of oppor-
tunity for Bahamian firms.

Legal Notice

: FROM page 1B

Phase I construction, which
involves Albany’s roads, infra-
structure, amenities, marina
and hotel, some 1200-1500
workers were likely to be
employed during the six-month
peak. That is due to run from
{ate 2008 to mid-2009, covering
a six-month period.

When Albany moves on to
Phase II, which includes the
eondos and residential options
Surrounding its marina, Mr
Anand said the developers
how projected that between
3,000-3,500 construction work-
trs would be “on site at bulge
time in 2009, 2010 and 2011”.
} Having hired away John
Davies, Ginn’s senior vice-
president who previously over-
saw that company’s West End
project in Grand Bahama, to
grener Albany’s building, Mr

nand said the developmen--

fs construction team was “in
Ine mobilization stages, award-
jg contracts. Most have been
€warded, and we’re just docu-
Wenting them”.
© While the queue outside
*“\lbany House provided fur-
ther evidence of the construc-
tion slowdown, Mr Anand said
the developers hoped they
would be able to at least part-
y fill the jobs vacuum.
' He added that with a num-
er of other Bahamas-based
mixed-use resort projects slow-

i
j





ROSE ISLAND

Beachfront with elevation and gorgeous beach. Be
neighbours to the Ritz Carlton Resort.

$225,000 Each
Call Tropical Realty at 327-1102

ing down or coming to a stand-
still due to the global credit
crunch and lack of real estate
pre-sales, Albany hoped to
attract the best Bahamians in
the construction industry.
“Hopefully, all the people
we hire are going to be
Bahamians,” Mr Anand said.
“There are some really talent-
ed people in the Bahamas, but
it’s been difficult to get them
because of all the projects
going on. Now, hopefully,
we're going to get them.”
Meanwhile, Richard Wilson,
Cavalier Construction’s man-
aging director, told The Tri-
bune that the company had
been “inundated” with tele-
phone calls from sub-contrac-
tors and tradesmen seeking
work after they learned the
company was likely to land a
major contract from Albany.
Emphasising that the final
contract had not yet been
signed, Mr Wilson. said:. “The
phone’s been ringing off the
hook. We’ve been inundated
with everyone across the spec-
trum of the construction indus-

_ try asking for jobs and send-

ing in CVs.

“Most of it is phone conver-
sations with sub-contractors.
And everyone in this office has
taken phone calls from
masons, carpenters, every-
body.”

More than 100 CVs had
been sent to Cavalier, and Mr
Wilson said that once the




Albany construction contract
was signed, the company
would seek to “maximise” the
use of as many Bahamian
workers and sub-contractors
as possible.

The company had also
received job inquiries from
some of the almost-50 employ-
ees being released by Baha
Mar Development Company,
thought to number about 32
expatriates and 16 Bahamians,
as a result of Harrah’s pulling
out from the $2.6 billion Cable
Beach redevelopment.

When asked about current
conditions in the Bahamian
construction industry, which
some believe to be the econo-
my’s third largest industry,
accounting for 11 per cent of
national GDP, Mr Wilson
replied: “It’s absolutely des-
perate.”

Cavalier Construction com-
pleted the Atlantis Convention
Centre one year ago, part of
Kerzner International’s Phase
III expansion, and was now
completing the final stage of
the Bayroc condominium com-
plex on West Bay Street at
Cable Beach.

“That’s just one job,” Mr
Wilson said. “That can’t sus-

tain the overhead. The situa-
tion with every contractor, if
you were to call them right
now, it’s desperate. While
everyone says the future looks
good, how long can everyone
hold on for the future?”

Cavalier had been working
on the Albany contract for two
years, and although Mr Wil-
son initially described it as “the
only show in town”, he later
acknowledged there were sev-
eral other contracts out to ten-
der — UBS (Bahamas) new
building and the British Colo-
nial Hilton upgrade.

“We are bidding on a couple
of projects that are out to bid.
One is the UBS bank, which
is due on April 11, and there is
also the refurbishment and
alterations on the British Colo-
nial. There are some projects
out there, but it’s not as great
as we were led to believe 18
months ago.”

Construction work on
Albany was likely to begin
“imminently”, Mr Wilson said,
a meeting with Mr Anand last
Thursday having gone “very
well”. “It shows their.commit-
ment to the Bahamian con-
struction industry,” he added
of the developers.

LEGAL NOTICE
NOTICE

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby. given in accordance.with Section 138 (4) of the
International Business Companies Act, (No. 45 of 2000), ARAVAS
COMPANY LTD. is in dissolution. Mariana Garcia Pintos is the
Liquidator and can be contacted at Colonia 810, apto. 403, Montevi-
deo, Uruguay. All persons having claims against the above-named
company are required to send their names, addresses and particulars
of their debts or claims to the Liquidator before 3rd day of May,

2008.



SP nit
||ONIT SYSTEMS BILL PAY SERVICE
BTC
BEC
CABLE BAHAMAS .

WATER SEWAGE

$3.00 Service Fee Utility Bill
Allow 2 Business Days for Processing
Tel: 394-4357
Plaza Jade on Shirley St. Kemp Rd.

: MUST SELL
| VACANT PROPERTY

Lot #14721 comprising 10,000 sq.ft. in area with
83 frontage on Zinnia Road and 120 feet on

_| Eastward Drive in Bahama Sound of Exuma Ocean

; Addition West, Exuma Bahamas

The property is undeveloped and is
located 1 mile south of Emerald Bay
and The Four Seasons Resort.

For conditions of the sale and any other
information, please contact:
Credit Risk Management — Collection Unit at:
Phone: 356-1685 or 356-1608,
Nassau, Bahamas

Interested persons should submit
offers in writing addressed to:

The Manager, Credit Risk Management - Collection
Unit, P.O. Box N-7518, Nassau, Bahamas

SPLATT SE RETIRE OE TTS

Serious enquiries only



Legal Notice

NOTICE

GALLOPING HORSE LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 28th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

WHYTE NYGHT CORP.

(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 3rd day of April
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



NOTICE

PLUME GOLDEN ROD LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is

in dissolution, which commenced on the 3rd day of April
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

FORSYTHE PLAINES LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 24th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC. -
——{tiquidator) :



3 UBS

UBS (Bahamas) Ltd. is one of the world's leading financial
institutions in the Caribbean. Through our Business Area
Wealth Management International we look after wealthy
private clients by providing them with comprehensive,
value enhancing services. Our client advisors combine
strong personal relationships with the resources that are
available from across UBS, helping them provide a full
range of wealth management services.

In order to strengthen our Controlling & Accounting team
in Nassau, we are looking to fill the following position:

Successor for Head
Controlling & Accounting

After a training phase of 12-15 months the candidate will
have the following essential duties and responsibilities:

Reporting of financial data to head office

Financial reporting to local management and local
regulator

Planning and forecasting

Preparation of Financial Statements

Maintain relationship with external auditors

Ensure compliance with SOX section 302 and 404 and
regulatory requirements

Supervise a team of accountants.

Minimum Requirements

¢ CPA certification

¢ Graduate degree in Finance or Economics

¢ Sound, working knowledge of International Financial
Reporting Standards (IFRS) and banking regulations
(BASEL ID

e Experience in leading a team

e 7 - 10 years working experience in same or similar
position

¢ Previous work in a financial institution preferred

¢ Extensive knowledge of MS Office and related
Application Software products

In addition, the candidate must have an in-depth
understanding of Financial Instruments and the banking
business. The ideal candidate must possess strong
analytical, communication, organizational and leadership
skills. A strong business/customer orientation is essential.

Written applications should be received on or before April
11, addressed to:

UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757

Nassau, Bahamas

hrbahamas@ubs.com or





THE TRIBUNE



oe

Bahamian AAMU Ag Dean becomes
Caribbean Science Icon
Huntsville, Ala. ---- The new dean of Alabama A&M University’s School of

Agricultural and Environmental Sciences will receive the highest distinction
among Caribbean scientists.

Dr. Robert W. Taylor, a soil chemist, has been inducted.as a “Caribbean Icon in
Science and Technology” by the Caribbean Council of Science and Technology.
The honor, notes Taylor, encompasses scientists who hail from the Bahamas,
Belize, Barbados, Cuba, The Dominican Republic, Guyana, Haiti, Jamaica,
Trinidad and Tobago, and others. Three years ago, he was elected to the Bahamas
Science and Technology Hall of Fame.

Taylor says the award places him in the good company of numerous Caribbean
notables, among them Marcus Garvey, Stokely Carmichael (Kwame Ture), Collin
Powell, Harry Belafonte, Sidney Poitier and Nobel Laureates.

Taylor entered the AAMU deanship as a Fellow in two leading international
professional societies. He also served as a program officer “for the National
Science Foundation, considered one of the most prestigious peer review funding
agencies in the world. He was elevated to the senior management when in the
second year he served as Acting Deputy Division Director of the Division of
Biological Infrastructure. Upon returning to AAMU, the Division presented
Taylor with the Distinguished Service Award.

Taylor earned the B.S. degree from Tuskegee University in 1970. He pursued his
postgraduate studies at Michigan State University, obtaining a M.S. degree in soil
microbiology in 1973 and a Ph.D. in soil chemistry in 1977.



WME

Freeport Concrete
warns on Q2 loss

FROM page 1B

company in the second quar-
ter. Sales at the Home Centre
in the second quarter of this
fiscal year are down over 5 per
cent, and at the concrete oper-
ation down 16 per cent, com-

pared to the same period last

year. Because of this, we are
forecasting to report a loss for
the second quarter.

“As we go forward into our

third quarter, we are antici-
pating the economy in Grand
Bahama will remain stagnant,
which again will impact our
sales revenues, and thus our
profitability. However, should
the Grand Bahama Port
Authority (GBPA) issue be
resolved over the next few
months, we are anticipating
increased revenues and growth
in the latter part of the year.”

The 2008 financial year per-

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formance has been disap-
pointing in light of the fact that
Freeport Concrete’s 2007 per-
formance, when it made a
$78,787 profit compared to a
$2 million loss the year before.
indicated it may be on the
verge of turning around.

During fiscal 2007, the con-
crete operation increased its
net income to $472,000 from
$53,000, largely due to supply-
ing the concrete for the Asso-
ciated Grocers warehouse
building in the Sea/Air Busi-
ness Centre. This cancelled out
the $393,000 loss generated by
the Home Centre, which was
an improvement on the $2 mil-
lion loss the year before. |

Freeport Concrete’s direc-
tors said inventory shrinkage
was reduced to a minimum in
fiscal 2007, the inventory vari-
ance when the annual count
was done in August 2007
standing at only 0.14 per cent
of annual sales.

Yet total company sales fell
8.72 per cent in the 2008 first
quarter in the absence of the
Associated Grocers contract,
with total concrete sales down
$291,000 against the previous
year. The Home Centre’s sales
were off by 2.3 per cent.

Among the questions the
directors are likely to face at
the AGM is why there were
just two Board meetings during
fiscal 2007.

INSIGHT

For the stories
behind the news,
ic=t-Co Mek y(e 9g
on Mondays

VACANCY FOR THE POSITION OF:

ANALYST, BUDGET & COST CONTROL
CORPORATE FINANCE DEPARTMENT
MAJOR COMMERCIAL BANK

Core responsibilities:

¢ Assist in the preparation, analysis and monitoring of:
o Annual Capital and long term Strategic budgets
Budgets for special projects or programs
Assist with preparation of financial statements
Assist with monthly Management Reports
Serve as liaison and prepare month-end reporting
requirements as set by the Central Bank of The

Bahamas

Prepare reports to track yields and asset quality

matrices

Develop and prepare models to analyze and access
income and expenses against planned positions and
strategic outlooks

Knowledge, Skills and Abilities:

Strong communication skills.
Bachelors of Science Degree in Accounting or Finance or
a current student in a recognized professional accounting ©
program (ACCA, CPA, and CGA).
Highly developed analytical and financial management

skills.

Excellent team working abilities.
Ability to operate in a fast moving and dynamic environment.
Time management and organizational skills“
Enthusiastic, positive, “can do”, entrepreneurial spirit is

desired.

Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes dental
and vision) and Life Insurance; Pension Scheme.

to:

The Tribune
P.O. Box N-3207
DA #62993AB
Nassau, Bahamas

Interested persons should apply no later than April 25th, 2008





THE TRIBUNE

Â¥

MONDAY, APRIL 7, 2008, PAGE 9B





Stamp Tax dispute may

block BORCO purchase

FROM page 1B

G

Jnatter lies,” Mr Laing told The Tri-
“bune.

,, He said that he could not call the
Issue “a, sticking point”, explaining:
““The Government assesses what tax-
“es are due on transactions and makes
that determination known. We have
made known to them [the BORCO
“parties] what taxes are due. That’s
,where it is”.

_,; BORCO was earlier this year pur-
chased by US-headquartered private
“equity firm, First Reserve, the largest
“private.equity player in the global
gas, oil and energy industries, from
the state-owned Venezuelan oil com-
“pany, PDVSA. The purchase price
was not disclosed, but some media

million.

First Reserve said in announcing
the purchase that the transaction was
still subject to government approval,
but was likely to be completed in the
2008 second quarter. This is the peri-
od we are now in, between April and
end-June 2008.

Yet Mr Laing hinted heavily that
those approvals might not be forth-
coming, something that could either
delay or blow up the BORCO pur-
chase, if no agreement was reached on
the Stamp Tax owed and this sum
paid.

“The Government collects its taxes
on transactions, so a transaction can’t
be concluded if it believes taxes are
due and they have not been paid,”
Mr Laing said.

Under reforms introduced by the
former PLP administration, a 4 per
cent Stamp Tax is levied on the

underlying assets of all Bahamas-

- based companies bought in mergers

and acquisitions, apart from cash and
bank deposits.

Companies considered non-resident
for exchange control purposes, and
those with an annual turnover of less
than $500,000, are also exempt from
paying this tax. Real estate assets still
attract a 10 per cent Stamp Tax rate
when involved in a commercial deal.

In the BORCO case, the Stamp
Tax would either have to be paid by
First Reserve, or be deducted from
the purchase price received by
PDVSA.

Given the physical assets and land
involved in the deal, it is likely that
taxes owed could run into an eight-fig-
ure sum; giving the two parties a
major incentive to minimise the
amount owed, and for the cash-
strapped government to collect as

much as possible.
Many business people expressed
concerns when the 4 per cent Stamp

Duty rate was introduced, fearing that -

it would act as a tax on transactions
and provide a disincentive for mergers
and acquisitions activity in the
Bahamas.

Fears were also expressed abou
how the amount of Stamp Duty owed
on intangibles such as goodwill would
be calculated, and that the tax was
“inequitable” because it did not take
into account the financial health of a
company.

Following the purchase, First
Reserve established a joint venture
for BORCO with Holland-based
Royal Vopak, one of the world’s
largest operators of storage terminals
for oil, chemical and liquid products.

Under the terms of the deal, BOR-
CO is due to be renamed Vopak Ter-

minal Bahamas, with the Dutch com-
pany operating and managing the
business, and in return receiving a 20
per cent ownership stake in the Grand
Bahama-based business from First
Reserve.

Yet the Vopak deal, too, is also
dependent on government approval
and the initial purchase being com-
pleted, suggesting the joint venture
approval may also be delayed by the
Stamp Duty issue.

BORCO currently employs over
100 full-time staff and some 50 con-
tractors, and possesses 73 storage
tanks with three million cubic metres
of capacity. Vopak and First Reserve
are looking to expand this to five mil-
lion.

The BORCO terminal has two jet-
ties and six deep sea berths.

First Reserve could not be contact-
ed for comment.

Feports later pegged it at around $900

The Tribune

EET

TUM RC sku

Te Be ie Are!

COMMONWEALTH OF THE BAHAMAS 2007

COMMONWEALTH OF THE BAHAMAS 2008
IN THE SUPREME COURT CLE/gen/230

Equity Side

IN THE MATTER OF BEACON GLOBAL
ADVISORS PRIVATE EQUITY FUND Il LIMITED
(“The Company”)



IN THE SUPREME COURT

CLE/ qui/00199




Common Law and Equity Division

AND IN THE MATTER of the Quieting Titles Act, 1959

IN THE MATTER OF THE COMPANIES ACT 1992 AND

ADVERTISEMENT OF PETITION ; : IN THE MATTER OF ALL THAT piece parcel

or lot of land containing 4,659 square feet situate

on western side of Tufa Close in the vicinity

of Englerston Subdivision in the Southern
District of the Island of New Providence in the
Commonwealth of the Bahamas being bounded
on the north by land reputed to be the property

of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon ©
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of
Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West:
by land reputed to be the property of one Bullard
and running thereon.Forty-seven and Sixty-five _
hundredths (47.65) Feet. rae

Notice is hereby given that a Petition for the winding up
of the above-named Company under the above-mentioned
Act was on the 12th day of February, A.D., 2008 presented
to the said Court by Bowness Investment Holdings Limited
a British Virgin Islands International Business Company —
claiming to be a Creditor of the said Company.

And that the said Petition is directed to be heard before
Justice John Lyons, a Justice of the Supreme Court, sitting
at Nassau on 28th April A.D. 2008 at 9:30 o'clock in
forenoon, and any creditor, client; or contributory of the
said Company desirous to support or oppose the making
of Order on the said Petition may appear at the time of
hearing in person or by his Counsel for that purpose; and

a copy of the Petition will be furnished by the undersigned

»to-any creditor;client, or ¢ontributory of the said Company
requiring such copy on payment of the regulated charge
for the same.



AURORE

RESTAURANT EQUIPMENT |
Ree ore”

AND

SOTTO
5

Dated the Ist day of April, A.D. 2008.



IN THE MATTER of the Petition of Charles C. Rolle



CALLENDERS & CO.,
Chambers,
One Millar's Court,
Nassau, Bahamas.
Attorneys for the Petitioner

NOTICE

SALE

2 Door Stainless Steel Refrigertor



THE PETITION OF CHARLES C. ROLLE in respect of:-
“IN THE MATTER OF ALL THAT piece parcel







NOTE: Any person who intends to appear on the oJ .
¢ 40 Pound Deen Fryer hearing of the said Petition, either to oppose or support, octet ene SONLAININE geen ae pees our
: . prry must serve on or send by post to the above-named, notice oe yea aren. ioe . oo i the sed
¢ Under Counter Stainless Steel Cooler in writing of his intention to do so. The notice must state of Englerston Su division in the Southern
= the name and address of the person, or, if a firm, the name District of the Island of New Providence in the
Refrigerator and address of the firm, and must be served, or if posted, Commonwealth of the Bahamas being bounded
10’ j must be sent by post in sufficient time to reach the above- on the north by land reputed to be the property
10°’ Custom Stainles Steel Exhaust Hood named not later than 4:00 o'clock in the afternoon of the of Solomon and Debra Rolle and running thereon
¢ Furniture 25th day of April, A.D. 2008. Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon

° Smaliware CALLENDERS & CO. ; .




Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property, of
Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.” ;

Chambers,
One Millar's Court,
Nassau, Bahamas
Attorneys for the Petitioner

Cc EJ FG CAPITAL MARKETS
CS cz BROKERAGE & ADVISORY SERVICES

cFAL"

PHONE 394-7455 OR 393-6461




MRS/CLP



PPAR OS WAL CTE CE FST AR AE TRI OT
mae .

Charles C. Rolle claim to be the owner of the
unincumbered fee simple estate in possession of the said
land_and has made ap lication to the Supreme Court of
the Commonwealth of The Bahamas under Section Three
(3) of the Quieting Titles Act, 1959 to have his title to the
said land investigated and the nature and extent thereof
determined and_declared in a Certificate of Title to be
granted by the Court in accordance with the provisions
of the said Act.

Copies of the Petition and the Plan of the said land may
be inspected during normal office hours in the following,

laces:
‘ The Registry of the Supreme Court, East
Street North in the City of Nassau,
Bahamas; and

Fi NN NS




Securit
Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas











2.10 Colina Holdings

4.73 Commonwealth Bank (S1) The Chambers of Lockhart & Munroe, #35
3.60 Cc lidated Water BDRs : : ¢

2:20 Doctor's Hospital Buen Retiro Road, off Shirley Street,




Nassau, Bahamas.


















5.94 Famguard

12.49 Finco

13.50 FirstCaribbean : : :

5.12 Focol (S) NOTICE is hereby given that any person having dower

pee 1 ty tebeor cancels Goes. 000 os or right to dower or an Adverse Claim or a claim
. . not recognized in the Petition shall on or re the

J. S. Johnson 1.059

‘remier Real Estate 1.167

0.600 - 86 6.0
CE SEE

SS
EPS$ Div

epireson of ae (30) he after the final publication

of these presents, file in the Supreme Court and serve on

the Petitioner or the undersigned a Statement of his claim

m the peecipee form verified by an affidavit to be filed
erewitn.





Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)




RND Holdings








“ABDAB
Bahamas Supermarkets

Failure of any such person to file and serve a Statement of
RND Holdings } 1 &

is Claim on or before the expiration of Thirty (30) days

SRS oa









; Fund Name HORE areern Tanine after the final publication of these presents will operate as
; 1.2037 Colina Bond Fund 1.304134" 0.94% 5.70% bar to such claim.

2.6254 Colina MSI Preferred Fund 2.982729" 0.60% 14.89%

1.2647 Colina Money Market Fund 1.384657*"* 0.70% 3.92%



LOCKHART & MUNROE
Chambers

#35 Buen Retiro Road

Off Shirley Street —
Nassau, Bahamas

Attorneys for the Petitioner

18,28%
5.69%

Fidelity Bahamas G & | Fund 3.6651"




12.0429"
100.00**
100.00**

Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.00°*
: 9.6433 _,.&idelity International Investment Fund 9.6433"

Le Market Terms 0

56D ES











*- 29 February 2008
** - 31 December 2007
*** - 21 March 2008

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask.$ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S2wk-Hi - Highest closing price in last 52 weeks
62wk-Low - Lowest closing price in last 52 weeks





Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for dally volume
‘Change - Change in closing price from day to day

Dally Vol. - Number of total shares traded today

DIV §$ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

a








_ PAGE 10B, MONDAY, APRIL 7, 2008





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Did to resurrect mother

Family pray and fast
with body for nine days
before police called

@ By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

AFTER holding a nine-day
prayer and fast vigil to “raise their
mother from the dead” a Grand
Bahama family called police to
her home after their resurrection
bid proved fruitless, police said.

~Police-in-Grand Bahama dis-
covered the badly decomposing
body of 85-year-old Florence
Ophelia Russell around 11:45 am

on Friday after investigating
reports of a “foul odour”, ema-
nating from apartment six at Fal-
ston Apartments! on Indiana
Lane, Bahama Reef.

Central Detective Unit and
Lucayan Division officers were
met by a 56-year-old male who
said his diabetic mother occupied
the apartment.

He reportedly told police his
sick mother died in her home.on
March 27, but instead of calling

SEE page 12

THE FLAMES destroyed the roof of the building

Blaze at rectory where Archdeacon
Thompson was fatally wounded

FIREMEN were last night fighting a blaze which swept through the rec-
tory where Archdeacon William Thompson was fatally wounded by a bur-



glar eight years ago.

Flames destroyed the roof of the century-old wooden building in Mar-
ket Street which was once home to a long succession of Anglican priests.
A witness told The Tribune: “The damage is extensive - the second floor

was virtually destroyed.”

SEE page 12



-Day



eee

Southern Caribbean

Rodney Moncur



Global claims
_govt demands for
duties, taxes part
of ‘attack’ on CEO

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE government’s demands for

_ outstanding customs duties and tax-

es from Global United Limited are
part of a “relentless” politically moti-
vated “attack” on Global CEO Jack-
son Ritchie, the company claimed
yesterday.

In a statement forwarded to The

Tribune from representative Philip ”

Galanis, Global United responded to
comments made by Minister of State
for Finance Zhivargo Laing in Sat-
urday’s Tribune about the shipping
company’s outstanding payments to
the government.

The statement acknowledged that
Global United owed the government
money but said the company had
made efforts to resolve the matter
and questioned the motivation
behind Mr Laing’s public statements
on the issue.

“Global acknowledges that there
is an issue with respect to outstand-
ing payments that are due. In an
effort to resolve this issue, Global
wrote to the Comptroller of Cus-
toms with a proposal to resolve this
matter, which was rejected by the
Ministry of Finance. The company
hopes that it will be able to resolve
this issue in the not too distant

SEE page 12

a a





q by
: Fi vie? iy £
THIS SPECTATOR made sure he go
weekend. The festival featured a host of Bahamian music and performance - SEE P



t the best seat in the house at the Fort Charlotte Heritage Festival at the
orov

7

yee

PRIME MINISTER Hubert Ingraham speaks at the summit.
PM: we will carry out death
penalty if court determines it

PRIME Minister Hubert Ingra-
ham, while attending Saturday’s
special Heads of Government
Summit on crime in Port of Spain,
Trinidad, reiterated that the death
penalty will be carried out in the
Bahamas.

“Nearly all countries in the
Caribbean have the death penal-
ty as the ultimate punishment in
murder cases,” noted Prime Min-
ister Ingraham.

“Speaking for myself and the
Bahamas we have a number of
appeals pending and should the
appeals court determine that the
sentence of death may be carried
out, we intend to do so,” he told
BBC Caribbean.

Mr Ingraham, who is also cur-
rent chairman of Caricom and the

.

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Conference, was reportedly
“insistent” that is the position of
his government notwithstanding
whatever is said by European
countries and United Nations.

During his address to the body,
Mr Ingraham said the region is
challenged on several fronts with
the rising cost of living triggered
primarily by the high cost of fuel,
the instability in global financial
markets and the tightening cred-
it situation.

“The weakening global econ-
omy has already begun to impact
our tourism sectors. We continue
to be challenged by the fallout
from uncontrolled economic
migration and the illegal traffic

SEE page 12

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Minister of
State ‘conflict of
interest’ claim

lm By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

FORMER Minister of Trade
and Industry Leslie Miller has
lashed out at Minister of State
for Utilities Phenton Neymour,
claiming his position is a “clear
conflict of interest” due to his
previous employment with fuel
giant Esso. '

Mr Miller again challenged the
minister to reduce current mark-
up margins for retailers and
wholesalers of fuel to curtail the
“exorbitant” prices of gasoline.

Mr Miller - who has recently
been very vocal on gasoline issues
after prices at Esso stations
climbed to $5 a gallon in New
Providence - claimed the minister
will not reduce current margins
because his loyalty lies with the
oil companies and not with the
Bahamian people.

These margins are mark ups,
not taxes as The Tribune previ-
ously reported, and should be
lowered by the government to
cut steep gas prices, Mr Miller
argued.

In his defence, Minister Ney-
mour labelled the claims as
“ridiculous”, adding that he had
cut all ties with Esso and his alle-
giance lay with his country.

Said Mr Miller: “First of all this
man should never have been
made minister responsible for
petroleum...there is a direct con-
flict of interest with having him
now be responsible for these oil
companies when he was embed-
ded with them for the last ten
years. Who is his loyalty going to
- you, me or them?”

Minister Neymour brushed off
the assertions and raised issues
of conflict of interest involving
the former minister.

»... “Mr Miller needs to under-

stand that in addition to my hav-
ing worked for Esso, I also
worked for the Water and
Sewage Corporation which also
falls on my portfolio. I was elect-
ed as the member of parliament
for South Beach (and) that is
where my allegiance lies...to my
country and not a foreign oil enti-
ty.
“I consider Mr Miller’s com-
ments about a conflict of interest
as ridiculous...I think (he) needs
to look closely at others when he

‘talks about conflict of interest,

particularly when he was in
office.”

Mr Neymour added: “I do not
view my previous employment as
a conflict in any way, because I
have no ties whatsoever with my
previous employer, which is Esso.
I think my past experience assists
myself and assists the government
in bringing some experience to

SEE page 12
















PAGE 2, MONDAY, APRIL 7, 2008

t

THE TRIBUNE

EE ee es
Awakening ‘the Andros farming giant’

armers hear of

move to create
agri-industrial and
greenhouse park _

VETERAN farmer Caleb Hepburn makes a point to Bahamas Agricultural and Industrial Corporation chairman Edison Key during a meeting with
North Andros farmers last weekend.

Gladstone Thurston/BIS



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BAHAMAS Agricultural
and Industrial Corporation
(BAIC) wants to establish an
agri-industrial and a greenhouse
park in North Andros, farmers
have been told.

BAIC executive chairman
Edison Key met with farmers
last weekend to discuss the gov-
ernment’s thrust in food securi-
ty.
His team included BAIC gen-
etal manager Benjamin Rah-
ming, deputy general manager
Don Major, assistant general
manager Arnold Dorsett, Advi-
sory Commission on Agricul-
ture chairman Mark Stubbs,
and agriculturalist Dr Leroy
Santiago.

Mr Key said BAIC had iden-
tified some 500 acres which are
to be divided into two-acre
blocks and leased to persons
needing land on which to set up
and operate their businesses.

“We want to stimulate and
increase production through the
use of techniques like green-
house farming,” Mr Key told
them.

“Once you have mastered the
art of greenhouse farming, then
hotels, food stores, restaurants
and households will have fresh
fruit and vegetables virtually all
year round.

“That will cut away substan-
tially at the excuse for importing
much of the food products
which we now do since we
would be producing them right



here. Those hundreds of mil-
lions of dollars we use to import
food can go directly into your
pockets.”

An additional 300 acres of
pasture land in North Andros
is to be sub-divided into smaller
blocks and made available to
livestock farmers, said Mr Key.

“BAIC wants farmers to have
access to the best agricultural
practices,” he added.

“To that end we will bring in
the necessary technical exper-
tise if we have to.

“We intend to acquire 20-foot
and 40-foot refrigerated con-
tainers to transport your pro-
duce fresh on the inter-island
ferry services.

“I see Andros as a sleeping
giant waiting to be awakened
to the lucrative world of food
production. .

“To accomplish that would
open opportunities never before
dreamed of.”

He said the prime minister
had given the go-ahead to make
agriculture a success.

“As a nation we must be seri-
ous about food security,” he
added.

He appealed to graduates of
the acclaimed North Andros
High School agriculture pro-
gramme to “take full advantage
of this ready-made opportunity
for you to apply all those tech-
niques you were taught and
earn some good money doing
so.”

Share
your
news

The Tribune wants to
hear from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for
a good cause,
campaigning for
improvements in the area
or have won an-award.

If so, call us on 322-1986
and share your story.

Uae
EXTERMINATORS
aU gy as)
PHONE: 322-2157


THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 3





© In brief

Six in custody —
followinga
firearm arrest

SIX people, including
four juveniles, are in ;
police custody followinga_
firearm arrest in Wulff
Road yesterday.

Officers from Southern
Police Station were on
patrol near Jiffy Cleaners
on Wulff Road and East
Street around 1.35am
when they stopped a blue
1996 Audi for having no
rear lights.

A search of the vehicle
revealed a .357 handgun
with six live rounds of
ammunition.

Two male occupants
(one adult, the other a
juvenile), and four female
occupants (one adult and
three juveniles) were
arrested and are in police
custody, ASP Evans said.

Port Authority
buyer makes
assessments

A POTENTIAL Grand
Bahama Port Authority
(GBPA) purchaser is financ-
ing economic and manpower
impact assessments to deter-
mine the impact its proposed
plans for Freeport would have
on the city and the wider
Bahamas, as it moves to cre-
ate a strategy document called
Grand Bahama, 2020 and
beyond.

Roddie Fleming, head of
private equity/private wealth’
management firm, Fleming
Family & Partners, has hired
Freeport-based Global Fulfill-
ment Services (project man-
agers and development strate-
gists); NERA Economic Con-
sulting (a global firm of con-
sulting economists with 600
professionals in 22 offices
across the world) and Human

Capital. Transitions in.Nassau, i ;

(manpower development spe-
cialists) to conduct the studies.

The NERA project leader,
Dr David Harrison, is one of
the top development econo-
mists in the world. Based in
Boston, he has nearly 30
years’ experience as an econo-
mist and lectured at the John
F. Kennedy School at Har-
vard University for more than
a decade before joining
NERA.

Dr Michael Rolle and Dr
Olivier Saunders, of Human
Capital Transitions, are work-
ing closely with the NERA
team and with Global Fulfill-
ment Services. |

Discussions have begun
with key business and commu-
nity leaders and organisa-
tions.. To date, these have
included Ginn, UBC, Vopak
Bahamas (formerly Borco,)
Grand Bahama Marina Vil-
lage, Kelly’s, Discovery and
others.

This process will be used to
generate a new, revised ver-
sion of the strategy now called
“Grand Bahama, 2020 and
Beyond.”, This will be made
available for public input from
the people of Grand Bahama,
in particular, in a series of
open town meetings before
being finalized.

Fleming said its team had
identified that there was not
so much an “unemployment”
problem on Grand Bahama,
going forward, as one of
“under-employment”. Grand
Bahama’s economy, with its
focus primarily on the har-
bour, a range of modestly suc-
- cessful or failed tourism prod-
ucts and government, had led
to a situation where many
Grand Bahamians are
employed well below their
vocational potential.

Many people now
employed as clerks or dock-
workers might, in a more
sophisticated economy, have
been educated as lawyers,
accountants, engineers or
highly skilled technicians,
Fleming said. It was common,
it added, to find people who
started post-school studies,
only to have to stop for lack of
funds. Others with advanced
university education had to
accept relatively unskilled
positions because the island’s
economy simply did not sup-
port positions that require
their skills. Many of the
island’s most promising young
graduates had moved to more
sophisticated markets over-
seas.

Fleming said the strategic
economic and manpower
assessment excluded the
impacts of the Freeport Con-
tainer Port expansion because
Hutchison Whampoa was
unable to meet with the team
or provide any information.

Three men in hospital
fter stabbings in brawl

@ By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THREE men are in hos-
pital nursing stab wounds
following a brawl in the area

of Armstrong and

Dowdeswell Streets on Sat-
urday, police said.

Asst Supt Walter Evans
said that, around 5pm, a
crowd had gathered on
Armstrong and Dowdeswell
Streets when a fight broke
out.

Three men were injured
and taken to hospital.

A 25-year-old man from
Gibbs Corner was stabbed
in the back and is in serious
condition.

The victim's brother,
whose age is unknown,
received a minor stab injury
to the back and stomach,
ASP Evans reported.

A third man, a 25-year-
old resident of Taylor
Street, was also stabbed to
the chest area. He is in hos-

_pital where his condition is

listed as not life threaten-
ing.

Police are questioning a
29-year-old man from Wil-
son Tract in connection with
this incident.

Officers are also investi-
gating the brazen daylight
armed robbery of Village
Road Dental Clinic.

Police said around 2pm
on Friday a gunman entered
the clinic and demanded
money. He made off with a
handbag containing an
undetermined amount of

cash from one of the clinic’s
patients, ASP Evans
said.

The gunman escaped in a
white Nissan vehicle.

In other crime news,
police said a 23-year-old
man is in hospital after he
was confronted at his home
by a masked man who shot
him in the leg.

ASP Evans said the King
Street resident answered a
knock at his front door and
was accosted by a “dark
man dressed in black with a
black mask”.

In an attempt to flee the
masked man, the victim
slammed the door and fled
inside, police said.

Shots were then fired
through the door, hitting the
23-year-old in his lower left
leg.

He was taken to hospital
where his condition is list-
ed as stable.

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PAGE 4, MONDAY, APRIL 7, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
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

Recession woes may be misplaced

AFTER ABOUT 40 years of following
the Bahamas’ economic trends, former state
minister for finance James Smith does not
believe the current recession will affect the
Bahamas as much as it will the US.

He went so far as to predict an upturn for ~

the Bahamas in the wake of a slowdown in
the US.

“I think that after you have been around
for sometime looking at the performance of
the Bahamian economy and the long term
trends over the past 30 or 40 years have
shown that the global downturns, US down-
turns, have never affected the Bahamas to the
same degree.”

He recalled the dire predictions 18 years
ago for the Bahamas’ economy as a result of
the Gulf War. “But,” he said, “what hap-
pened was the entire reverse. Because of the
threat of terrorism US visitors generally
stayed closer.to home, not going to Europe,
and the Bahamas and the Caribbean were
the beneficiaries of that change in plans.”

Tourism officials have been warning that
tourism figures could see a significant drop-
off in arrivals as some of this country’s core
tourism markets in the US have been the
hardest hit by the credit squeeze.

Again Mr Smith disagreed, he thinks the
weakened dollar will keep tourists at home
venturing only to areas closest to their shores.
If this is so the Bahamas and Bermuda will be
the beneficiaries.

“So our historical experience with the
downturns in the US economy, or the global
economy, has been that we were not affected
to the same degree as the US itself or the
rest of the world.”

He saw no reason why this would not con-
tinue into 2008 and 2009.

The late Sir Etienne Dupuch, second pub-
lisher/editor of The Tribune, always said in his
old age that the Bahamas had an uncanny
knack of benefitting from the world’s mis-
fortunes.

He often said that the Bahamas was like an
indian rubber ball — the harder you bounced
it, the higher it would rebound.

In his lifetime he saw this happen over and
over again.

As far back as the days of the pirates,
wrecking and rum running, Bahamians were
kept on their toes, benfitting from the social
problems of others.

Our memory goes back to the fears of the
second world war when the future looked

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. bleak indeed. Bahamians of that era believed

that they would be cut off from the world.
Especially after America entered the war,
the leaders of this country sincerely believed
that the Bahamas would starve.

All seaworthy ships had been called into
service. :

We recall Sir Etienne coming home night
after night from some meeting or other at
the House of Assembly.

All he talked of, worried and wrote about
was how to keep Bahamians employed and
fed, Bahamians were encouraged to turn to
the land — no matter how small the plot in
their back yard — and grow their own food.

And then the heavens of good fortune
seemed to open over these islands.

For about two years into the war the sea-
sonal tourist trade continued.

British families — mothers and their chil-
dren, nannies with their charges, and a whole
school — the Belmot School — moved to
the Bahamas to escape the bombs falling
over England.

Two wealthy residents, Sir Harry Oakes,
and Axel Wenner-Gren provided employ-
ment on their various projects, and the War
Materials Committee, established by Sir Eti-
enne to help in the war effort, employed
several hundred Bahamians. The Royal Air
Force established a training base here.

When America entered the war, and her
young men left the farms and enlisted, a new
world opened for the Bahamas.

The concern of how to keep Bahamians
employed and fed had been solved.

The “Project” recruited Bahamians to go to
the United States to fill the places left vacant
by the young men marching off to war.
Bahamians were employed on large Ameri-
can farms, and money from their labours
kept flowing home to support their families.

The Bahamas was indeed secure. The suf-
fering and starvation anticipated never mate-
rialised.

In fact we benefitted from that war.

So there might be something in what Mr
Smith predicts. However, the fact that he
thinks the Bahamas will be less affected by
this credit squeeze than the US, does not
mean that we will not be affected — its a
matter of to what degree. In other words, we
might be down for a time, but it is unlikely
that we shall be out for the count. The
Bahamas’ indian rubber ball always bounces
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PetroCaribe —
it’s still an idea
worth forgetting

am

EDITOR, The Tribune.

THE Tribune editorial of
Monday March 31, 2008
reminded the country of the
very important debate over
whether The Bahamas should
have been involved with an ini-
tiative promoted by Hugo
Chavez, known as PetroCaribe.

And with gas prices rising to
$5 per gallon at the pumps, Mr
Leslie Miller, former PLP MP
and Minister Trade and Indus-
try hits the headlines, much like
the Phoenix rises from the ash-
es in Greek Mythology.

He is reported to have
lamented in The Tribune of Sat-
urday March 29, 2008, that had
the PLP signed on to the now
infamous PetroCaribe deal with
Chavez in Venezuela, when he
was Minister, no Bahamian
would be paying more than $4
for a gallon of gas.

What he neglects to point out
is that while the price would
supposedly remain lower at the
pumps for consumers, The
Bahamas would be building up
a huge debt with Venezuela —
something like $3.7 billion in 25

years according to calculations .

by The Nassau Institute back
in 2005 when the PetroCaribe
scheme was being touted as the
saviour for Bahamians.

Here’s an excerpt from the
2005 commentary titled, Petro-
Caribe Loan Scheme:

Both the Minister for Trade
and Industry, Leslie Miller and
members of his Petroleum
Usage Review Committee, have
suggested that the savings that
could accrue to The Bahamas
Electricity Corporation (BEC)
is reason enough for The
Bahamas to sign on to Petro-
Caribe.

They have stated that if BEC
purchases $100 million of petro-
leum products a year, they
could finance up to $40 million

for up to 25 years at the rea- .. ;
- ate when used to finance an

sonable rate of 1 per cent per
annum. And, this $40 million



can be used each year to create
a welfare state.

So, being sceptical of offers
that sound too good to be true,
it prompted a few calculations:

1) Assuming there are no
payments made during a five-
year loan period, The Bahamas

will owe Venezuela $202 mil-.

lion.
2) Taking this one step fur-

ther, The Central Bank of The -’
Bahamas has indicated The .

Bahamas imported fuel totalling
of $265 million during 2004 (net
the BEC purchases). 40 per cent
of this amount would provide
an additional $106 million in
loans per annum.

3) Here again, if no payments
are made to reduce this indebt-
edness during a five-year peri-
od, The Bahamas will owe

Venezuela another $535.3 mil-

lion.
Combining the purchase of
fuel for BEC and the fuel for

the general consumer over five.

years, The Bahamas total
indebtedness to Venezuela
would be $737.3 million.

In addition, these numbers
are simply staggering when
extrapolated out over 25 years.
The National Debt would
increase by $3.7 billion, which is
more than our current national
debt of $2.65 billion.

We also asked at the time if it
made sense for The Bahamas
to purchase a consumable such
as fuel with long-term, foreign,
hard currency borrowings.

In fact we proffered that:

Petroleum is a “consumable”

item in both economic and:

physical terms and should nat
be financed with long-term bor-
rowing. The theory of long-term
borrowing is that it is appropri-

investment today that will pro-

How Safe is your

EDITOR, The Tribune.

ALMOST every TV network
News Report today reports
about some international bank
loosing billions and certainly it
causes deep thought as to which
social and economic system
works for the betterment of
most?

How safe is your money?

At least here we are supposed
to have insurance guarantees I
believe up to $20,000 per sav-
ings account, I think that was














ere






the limit however to obtain the
best return on your savings the.

banks offer the higher interest :
rates on the larger the deposit so ©

are you safeguarded if some-
thing was to go array like what
went at Bears Sterns, UBS,
Deutche Bank and the others?

I do not like the pages now
of properties being advertised
which are obviously from the

banking system for non-compli+ ‘
ance of the owner’s mortgage. ©

Check the majority are middle
class to mid-middle class prop-
erties.

Clearly market forces are
being challenged and it has to.
be soul-searching for the advo-

cates of an open-free market at
this time when you see all this
blood flowing from the bank
results.
. In our small environment I
fear and do not support past
Minister of State Finance, James
Smith’s prognosis that the com-
ing months will not have seri-
ous economic challenges as:a
result of the feared real reces-
sion in the US, our primary
Tourism customer.

Since the last US recession
the financial environment of the
Bahamas has radically changed

— we have massive debts and if.

the worst scenario happens I ask



Mr. Parish Simmons



NOTICE

Mr. Steffon Cooper

Are no longer employed by
Montague Motors Ltd.
and are no longer authorized
to conduct any business for or
on behalf of

~ducé ah attractive return over a
_» long period of time. Of course,
“when the-petroleum is gone, no
.,. asset ‘will remain. -

More importantly, the debt
-is likely to be foreign hard-cur-
rency debt, which will greatly
alter and magnify the country’s
‘financial: management probe
lems.

“Bankruptcy” usually occurs
when a country can no longer

service its foreign indebtedness;

and such bankruptcy usually
means devaluation of the cur-
rency and a drop in the stan-
dard of living.

. To date the Bahamas has

financed its fiscal deficits with

B-dollar borrowings and this
practice has been sustained with
‘the maintenance of exchange
controls.

If the Bahamas eliminated
exchange controls, then there
would be a capital outflow and
a pressure.on the exchange rate.
It is this fear that has restrained
the country’s fiscal excess.

PetroCaribe financing starts
‘this country down the road of
financial mismanagement of the
type that has plagued Latin
‘Aimerica for decades.

’. It is no surprise that it is being

proposed by a Latin American
socialist strongman who offers
cheap long-term foreign financ-
ing as an inducement to enter
his international political
alliance.

It appears that Mr Miller nev-
er considered the future for
Bahamians. Maybe he was only
considering his re-election in
the here and now.

- What seemed like short-sight-
ed political pandering back in
2005,.seems much the same
today.

Hardworking Bahamians
deserve more than to be told

. there is something for nothing.

“March 31, 2008.

money?

the obvious — How will the
banks and finance houses cover
their depositors’ moneys and
outward payments to them and
their shareholders?

Reading between the lines
concerning at least one of our
large corporate entities I sus-
pect the amber light is already
shining strong there and possi- ©
bly I fear that will change to red
,and a substantial Pension Fund
could be in danger.

Is the price of gasoline and
now diesel correct?

. Task this as the rise in price of
diesel has been so fast that it is
unexplainable to me and is now

. $4.88 gallon.

I am sorry for BEC Family
Island customers as all of BEC
generation capabilities require
diesel.
~ Which is the better Econom-
ic System? Free Market with all
these enormous bank failures
with governments bailing them
out or a more inclined semi-
socialistic approach?

-T.ask a simple question - Is
my money safe in the hands of
thy bank? *

ABRAHAM
MOSS
Nassau,
April 2, 2008.



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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 5



Florida
Democrats
choose
delegates to
nominating
convention

m ORLANDO, Fla.

THE Florida Democ-
ratic Party has chosen 27
party leaders and elected
officials as delegates to
the national nominating
convention, according
Associated Press.

Fourteen were allocat-
ed Saturday to presiden-
tial hopeful Hillary Clin-
ton, including Orlando
Mayor Buddy Dyer. Ten
delegates went to rival,
Barack Obama, includ-
ing state Sen. Tony Hill
of Jacksonville. The dis-
tribution was based on
results of the state’s Jan.
29 primary.

Unpledged

Three delegates —
Florida Chief Financial
Officer Alex Sink, Sen-
ate Democratic Leader
Steve Geller and House
Democratic Leader Dan
Gelber — will go to the
convention unpledged to
any candidate.

It’s unclear whether °

these delegates will be
seated at the convention.
The national party
stripped Florida of its
delegates as punishment
for holding an early pri-
mary.

ERB RSS [e3
OTTO Ma

¢* Frank Smith tight-lipped

on PLP deputy leadership

i



Frank Smith




WEST End and Bimini
MP Obie Wilchcombe said
he hopes Bahamian soci-
ety will one day reach the
point where journalists are
respected in their own

‘country.

Mr Wilchcombe, a for-
mer journalist, announced
last week that he will be

running for the position of

deputy leader of the
PLP.

“IT want to get to the
point where journalists are
respected in this country,
where I don’t have to cuss
a journalist, but I under-
stand that when a journal-
ist is doing his or her job
they are protecting the
country, they are playing



m@ By PAUL G
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

MP FOR St Thomas More Frank
Smith opted yesterday to avoid com-
menting on whether he was vying
for the PLP deputy leadership.

Instead, Mr Smith said the “issue
of the day” - as far as he was con-
cerned - should be the public’s con-
tinued focus on the Mona Vie con-
troversy.

“The issue of the day, as far as I
am concerned, is the threat to our
democracy by the refusal of the Min-
ister of State for Finance to do the
right thing and resign over the Mona
Vie scandal. That and the unbeliev-
able endorsement Zhivargo Laing

Wilchcombe wants journalists to
WRK NUKACB TRI TOYIMONLI LM

has received from the Prime Minis-
ter in the face of such scandal,” a
statement read.

Mr Smith reminded the public that
there will be adequate time to talk
about the leadership of his “great
party”, but for today, the focus and
interest of the people lay in the con-
duct of Prime Minister Hubert
Ingraham and the Minister of State
for Finance Zhivargo Laing.

“T will not allow myself or the
decent and law-abiding people of
the Bahamas to be distracted oth-
erwise. I implore my PLP colleagues,
and all Bahamians, not to allow oth-
ers to distract them from the real
issues at hand, which are the con-
duct of members of this FNM gov-
ernment, their sub-par performance
and the unbearable economic bur-




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that they should never
cause someone to lose
focus on where they are
headed.

“Because that happens in
a society, that’s the
dynamism of a society. And
I want to get to the point
where we understand that
we don’t have to take some-
body’s head off because
they don’t agree with me or
they criticise me.

“We should be listening
to our criticism. We should
be reading about our criti-
cism and making the adjust-
ment if it warrants it. That’s
the country that I want,” he
said.

With these ideas in place,
Mr Wilchcombe said, the
Bahamas can become what

den being placed on Bahamians,”
he said.

Mr Smith’s comments come in the
wake of MP for West End and Bimi-
ni Obie Wilchcombe declaring his
intentions to run for the PLP’s
deputy leadership at its next con-
vention.

In fact, when Mr Smith was con-
tacted by another newspaper on the
issue, he declined to comment, stat-
ing only that he first needed to speak
with “his team”. :

Mr ‘Smith has since been named
in a lawsuit by Minister Laing for
alleged defamatory remarks regard-
ing the Mona Vie scandal.

Mr Smith is named alongside PLP
MP for Bain and Grants Town Dr
Bernard Nottage, and former Con-
troller of Customs John Rolle.





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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 7



LOCAL NEWS



Emile Hunt, Barry

Williams — young
literary pioneers

COB graduates continue their studies at
University of the West Indies in Trinidad

EMILE HUNT

EMILE HUNT and Barry
Williams are true pioneers: they
were the first College of The
Bahamas students to graduate
from the School of English
Studies (SES) with bachelor
degrees.

They both graduated in May,
2007, and, coincidentally, have
both gone on to continue their
studies at the University of the
West Indies in Trinidad, pursu-
ing masters degrees, Barry in
English (Literature) and Emile
in Fine Arts (Fiction).

The College's BA English
programme, which incorporates
a comprehensive critical
approach to literature with asso-
ciated theory, has proven to be
extremely useful tothem.

Emile and Barry will take two
years to complete their
advanced degrees and during
the first year they are follow-
ing some basic graduate courses
to become familiar with
research methods for the
research papers they must pro-
duce.

They are both aware of the
challenges they will face during
their first year but both feel
well-prepared by the work they
have done at COB.

“T was worried,” confesses
Emile, “because I knew I would
be in class with people who
have been published and I was
afraid but when I got in the
class, which was a research class
just like 261 that I had done at
COB, I was actually very pre-
pared and the class did not
demand anything new of me.”

Emile heard other students
saying: “How come we didn't
learn this in our undergraduate
classes?” and just replied,
“Well, I come from The
Bahamas!”

Barry and Emile were actu-
ally ahead of the game and it
made them realise that The Col-
lege of The Bahamas has a sol-
id English programme that had
prepared them to go anywhere.

He and Barry entered all
events that SES offered and
took full advantage of the
opportunities provided, such as
writing workshops with
Caribbean writers Fred
D'Aguiar and Earl Lovelace,
readings, forums and a huge
variety of films.

“We have heard people say
that COB prepares you to go
anywhere in the world,” states
Emile, “and I can attest to that
because I lived it.”

As he is concentrating on
writing, Emile must produce a
novel-length manuscript to
demonstrate his creative writ-
ing abilities. Well-known to the-
atregoers as the author of the
play, “Da Straw Market Fire”,
Emile does not see fiction as a
change of direction as he has
always dabbled in story writing.

He has already formulated
the main idea for his manu-
script, which he is calling /n the
Shadow of My Mother. In it he



Q



“We have
heard people
say that COB
prepares you
to go
anywhere in
the world and
I can attest to

that because I
lived it.”



Emile Hunt

will draw on personal experi-
ences to create the story of a
Haitian girl struggling to make
it in a Bahamian society unap-
preciative of Haitians.

“My father is a contractor
and he employs a lot of Haitians
on his jobs,” explains Emile. “I
have worked with them and
interacted with them, sat down
and eaten lunch with them, and
I realised that these are my
brothers. We might hear peo-
ple say ‘Carry your Haitian self’
but I feel different. I understand
their story and I understand
their struggle. That really influ-
enced me.”

Emile believes the idea of the
School of English Studies devel-
oping a minor in creative writ-
ing at the college is an excel-
lent one. (It should be opera-
tional by Fall 2008).

iTunes

ERC Oe

a Ld mm LT a

BARRY WILLIAMS



He remembers a class he
took with Professor Hank
Lewis, an American who taught
creative writing some years ago.
“That was very enjoyable and
evoked an excellent response
from the students,” he recalls.
“Creative writing gives you
freedom of expression because
you are not restricted by right
and wrong answers. It's all
about presenting your ideas
properly.”

He also thinks that a theatre
programme would be extreme-
ly popular at the University of
The Bahamas. “The cast for Da
Straw Market Fire came almost
100 per cent from COB,” he
says, “and they were majoring
in the whole spectrum of sub-
jects, not just English. I think
there would be a great response
for a theatre minor.”

In the future, Emile sees him-
self returning to The Bahamas
and working at the University
of The Bahamas where he will
hope to inspire the next gener-
ation of Bahamian writers.
However, he hasn't ruled out
the possibility studying for a
PhD in creative writing.



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THE TRIBUNE



|
New South Ocean donates

golfing equipment to
Bahamas Golf Federation

IN AN effort to enhance the country’s
Junior’s golfing programme, developers of the
New South Ocean/Blue Shark Golf Course
donated golf equipment to the Bahamas Golf
Federation (BGF).

The equipment consists of 75 sets of golf
clubs, 20 pairs of golf shoes, 1,000 practice
range balls and 2,500 golf tees.

On hand at the presentation, Glen Archer,
president of the BGF, expressed his apprecia-
tion to New South Ocean for the donation and

said he looks forward to using the equipment,
not only for the junior.programme, but also
for an upcoming summer camp.

Shown here, in front row (from left) are:
Rory Higgs, BGF and Bahamas Professional
Golf Association; Yvonne Shaw, Women’s
Division, BGF; Kurt Greve, New South
Ocean/Blue Shark Golf Course.

Back row (from left) Dudley Martinborough,
secretary, BGF; Glen Archer, president, BGF;
Burton Rodgers, New South Ocean.

Wendell Cleare/TCL



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CAREER OPPORTUNITY

CUSTOMER SERVICE REPRESENTATIVE

IndiGO Networks is a growing telecommunications company based in Nassau,
Bahamas. The company has a 17-year history in offering innovative technology and
telecommunications solutions.to consumers in The Bahamas and is seeking persons t
fill Customer Service Representative positions in its Nassau office.

Job Description ‘

Working at IndiGO Networks means being a part of a commitment to excellence. Persons
applying for the Customer Service Position must have exceptional telephone presence,
be highly motivated, customer-focused, knowledgeable, and excited by challenges.. The
Customer Service Representative position will be responsible for maintaining focus on
the company’s service policies, systems, products and services in order to facilitate our
clients.

Responsibilities

Provide an excellent customer service experience by maintaining the highest
degree of courtesy, confidentiality and professionalism

Handle business transactions in connection with account activations, adjustments
and collections

Perform over-the-counter exchanges of customer defective equipment

On - site client visits to resolve service issues

Selling of the company’s services

Communicate with customers using web-based tools

Answer a multi-line phone system

Deal directly with customers to resolve outstanding or escalated problems in
person & on the phone

Provide technical support to clients via telephone

Interact with other departments to resolve customer issues or provide additional
services as required

Greet visitors

Qualifications

Flexibility, adaptability; ability to work in a fast-paced environment
Strong organizational skills

Strong problem-solving and decision-making skills

Ability to multitask

Initiative and ability to learn new tasks quickly

Reliability, punctuality and outstanding interpersonal skills are essential
Excellent oral and written communication skills

Team player

Data entry and problem solving skills

Computer literacy, with a strong working knowledge of

Microsoft Office Products — Word, Outlook and Excel

IndiGO Networks offers a comprehensive benefits package. Salary is commensurate with
experience and qualifications.

Interested candidates should submit their résumés in writing by April 11, 2008 to:

Attn.: Customer Service Manager; IndiGO Networks; P.O. Box N-3920; Nassau, Bahamas
Or
Fax: 242-677-1050
E-mail: hr@indigonetworks.com



SCOTIABANK has gen-
erously partnered with
Sandilands Rehabilitation
Centre through a donation
to the Eloise Penn Memorial
Scholarship Fund to help
education and training needs
of psychiatric nurses.

; CALL TO PLACE YOUR ORDERS TODAY! Po Durting Aprirana May,

attending the Psychiatric
Nursing Conference (Inter-
national Society of Psychi-
atric/Mental Health Nurses,
Louisville, Kentucky, April
7-13, 2008, and American

~ Association of Nurses'Exec-

utives; Seattle; ‘Washington,

, April 25-29, 2008).

By attending these confer-

ences, nurses will be better

equipped to provide quality

psychiatric nursing care to
Sandilands patients, strength-
en nursing administration
and expand the knowledge
base of junior nurses,

‘improving mental health

in the Bahamian communi-
ty. i ‘

2008, four nurses will be

| CGV GROW DEI EGOMRERMAN

fn PROGRAMME |PHASE|IV,
INVITATION/FOR|PREQUALIFICATION

The Bahamas Electricity Corporation intends to. prequalify contractors for the following two {2)
design-and-build contracts for a new power generation facility to be located adjacent to the existing
power station at Clifton Pier, New Providence, Bahamas:

a) A power generation contract based on two (2) slow-speed diesel alternators, each
rated at approximately 40 MW , with associated equipment and civil works, and
4
b) A substation and transmission line contract based on 11 kV indoor and outdoor
AIS or GIS substations and 132 kV wood or steel pole overhead transmission lines
and underground XLPE cable feeders. SCADA systems for the afore-mentioned
substations should also be incorporated.

Each contract will include the complete design, manufacture, supply, construction, commissioning,
testing of the new facilities and all associated civil works.

Separate prequalification documents must be prepared in English. The documents may be
purchased on the submission of a written or email application to the address below and upon
payment of a non-refundable fee for each contract of US$100 if applying from outside the
Bahamas, and B$50 if applying from within the Bahamas. The method of payment will be by
cashier’s check or wire transfer to a specified bank account. The documents should also be sent by
electronic mail.

Completed applications must be returned no later than 16.00 hours on 21 May 2008,
Address as follows:

Bahamas Electricity Corporation,

Mr. Kevin Basden, General Manager,
Executive Offices

P.O. Box N-7509, Nassau, Bahamas.

Attention; Jerome Elliott

Tel: +1 242 3021215, Fax: +1 242 3236852
Email: jeelliott@bahamaselectricity.com

Label envelope: .
New Providence Power Expansion Program Phase IV
Prequalification: New Power Generation Facility

All decisions of the Corporation will be final.





‘


THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 9



aS SS eee ee
Students pay tribute to

Lady Henrietta St George

@ By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Special tributes were paid to Lady
Henrietta St George and her late husband for their
significant contributions to the welfare and education
of children on Grand Bahama.

Thousands of students from various schools
throughout the island gathered at St George’s High
School gymnasium on Tuesday to pay tribute to
Lady Henrietta, who was described as one of the
country’s premier patrons.

Because of her extraordinary acts of kindness,
humanitarianism, and philanthropy, the Ministry of
Education celebrated Lady Henrietta St George
Day in commemoration of the 10th anniversary of
the official renaming of the school after the St
George family.

Lady Henrietta was accompanied by her son,
Henry, and Sarah St George, the daughter of the late
Edward St George, former chairman of the Grand
Bahama Port Authority.

As the St Georges entered the school’s gym -

escorted by the school’s marching band - students
stood and welcomed them with thunderous applause.

The two and-a-half hour ceremony started at
10am. A moving musical tribute was performed by
Dano Rolle, a former student of St George’s.

Special musical and folk performances were also
performed by students from distant settlements in
east and west Grand Bahama - from Freetown Pri-
mary, West End Primary, Bartlett Hill, Lewis Yard,
Holmes Rock, and the Martin Town Primary
schools, as well as Eight Mile Rock High.

In Freeport, Maurice Moore Primary, Beacon
School, Freeport Primary, Walter Parker Primary,
and Jack Hayward High also paid tribute to Lady
Henrietta and her husband.

Lady Henrietta was surprised that such a grand
celebration was planned in her honour.

George’s (High), but I understand students from
every school have come to thank me for what I
have done and it makes me feel great,” she said.

“My husband did many things for the people of
Grand Bahama - for the old, young and impover-
ished. He always supported me in everything I did.
With him beside me, we did a lot of things together
so it is great seeing the auditorium filled with many
of our friends,” she said.

The St Georges became patrons for the school in

1998 when the former Goombayland School was:

renamed in their honour by the FNM government.

Lady Henrietta said the school was built for 900.

students, but now has nearly 2,000.

“Tt excels in all sorts of areas, in sports, academics,
music and junkanoo. We are very proud to have
our names attached to the school and we are very
grateful that the Bahamas saw fit to name the school
after us,” she said.

Principal Kenneth Romer said the St Georges
had made many contributions to the school over
the past 10 years. He noted that many other schools
have also benefited from their kindness and gen-
erosity.

“It is important that we honour the memory of the
late Edward St George and what the family is doing
now.

“We want students to remember these persons,
who have done so much to advance the education of
students here on Grand Bahama, and we want to say
thank you to a woman who is worthy of praise,” he
said.

Mr Romer said that Mr St George is remembered
not only as one of the co-founders of Freeport, but

_ also as a man who loved the common man.

. “He used his personal funds to help many people,
and we want him to be remembered as a man who
loved Bahamians and the Bahamas,” he said.

The St Georges have been instrumental in the
establishment of the Grand Bahama Children’s
Home, Pace Centre, Grace House for pregnant





































Pa Onec (ose tev,

“JT thought that this event was being done by St

Bahamian stylist, music producer

AUTH eS ETT




BAHAMIAN music pro-
ducer and celebrity style
guru Gerry DeVeaux is
making waves on the Lon-
don fashion and music scene.

Now he is taking his career
to a new dimension with the
release of Living Style, his
new television show on the
British Broadcasting Corpo-
ration World Service (BBC
World), launched last Sat-
urday.

“I am excited about my
new show. With the experi-
ence I’ve had with styling
celebrities and producing
music, it’s great now to have
a show that gives viewers a
glimpse into what I do every
day,” says DeVeaux.

For 30 minutes Living
Style with Gerry DeVeaux
will take viewers into the
lives of big names in fash-
ion, sports and entertain-
ment.

Gerry travels around the
globe giving the latest scoop
on elegant living. He will
give tips on fashion, home-
living and design. Guests on
the show range from Tom
Ford, a high-profile fashion
designer known for his new
chic trends, and world-
renowned pop artist Kylie
Minogue, who talks about
her love of Bahamian-made
chicken soup.

The show skips across con-
tinents to celebrity hot spots
and dream destinations,
including sunbathing on Puff
Daddy’s yacht in St Tropez,
toasting at Noami Campbel-
l’s birthday bash in Dubai,





ai.

STs
gsm

HN aa TH
DAT ea
STS
Yn

or just basking at the beau-
tiful beaches of Harbour
Island.

Gerry DeVeaux Living
Style will be a five-part
weekly series aimed at not
only Bahamian viewers, but
an international audience.

Gerry DeVeaux, who is of
Bahamian and Scottish
descent, is a music producer
and stylist. He wrote and
produced hit songs for artists
like Angie Stone, Chaka
Chan and Lenny Kravitz,
who is his cousin.

Gerry’s songs have been
featured in hit American
television shows such as The
Sopranos, Friends and ER.
He was honoured for his
achievements in music by
The Bahamas government
on July 10, 2003, during the
country’s 30th Independence
celebrations.

BBC World is the BBC's
commercially-funded, inter-
national 24-hour news and
information channel, broad-
cast in English in more than
200 countries and territories
across the globe.

Its estimated weekly audi-
ence reach of 76 million
makes it the BBC's biggest
television service. Available
in more than 274 million
homes, 1.4-million hotel
rooms, on 50 cruise ships, 38
airlines and 32 mobile phone
platforms, BBC World
broadcasts a diverse mix of
authoritative international
news, sport, weather, busi-
ness, current affairs and doc-
umentary programming.

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PAGE 10, MONDAY, APRIL 7, 2008 THE TRIBUNE

LOCAL NEWS |
SECOND ANNUAL RESEARCH DAY

Focus on health issues
affecting Bahamas public
sector employees

—o - — ee prermarern THE University of the West employees during the second — the School of Nursing Audi-
RBC Royal Bank of Canada presents a donation to the University of the West Indies School of Clinical Medicine {ydies in the Bahamas. with annual Research Day, which _ torium on Grosvenor Close
and Research (UWI) in support of the second annual Research Day. Pictured from left are: Dr Robin’ Roberts, ip. support of RBC Royal will be held on Friday. Health issues to be discussed
chairman, research committee, UWI; Professor Howard Spencer, dean, UWI; Jan Knowles, manager, public rela- Bank of Canada and RBC The all-day event wait he range fran-ebhceins with
tions, RBC Royal Bank of Canada; Mrs Beverly Spencer, administrator, UWI FINCO, will focus its atten- officially opened by Minister asbestos and its impact on
SESS - tion on health issues affecting of Health and Social Devel- health; occupational injuries
Bahamas public sector opment Dr Hubert Minnis at in The Bahamas; risk factors
for cardio-vascular disease;
healthy lifestyle initiatives; and
SMALL BUSINESS absenteeism in the workplace.
ACCOUNTING, Information on the health
BUSINESS SEMINARS ’ ’ profile of members of a major
PLANS & HANDBOOKS union in The Bahamas will

: . , also be discussed.
(Over 25 years experience) , A Dr Robin Roberts. chair of
Tips to help you plan, run and grow a the planning committee,
your wealth & business x observed that “the Govern-
SMALL BUSINESS HANDBOOKS ment of The Bahamas is the
TITLES........$35 largest employer in the coun-
try and the health issues
¢ Personal financial planning and / affecting this large labour

wealth creation * eae :
force will impact the entire
i - . ghar managing your own country.

surance successful business “We therefore decided to
healable (audio tape... $20) F.A. Hepburn - FCCA draw attention to the health
+ Small business financing getting the Chartered Accountant issues facing this group and
money you need Se ere we hope that the information
¢ Inventory planning and control shared will go out into the

techniques F.A. Hepburn & Co. wider community.”

eran ; Chartered Accountants A special feature of the
Managing money and keeping Small Business Consultants event will be an exhibition of

Pees P.O. Box N-8560 meals that are nutritious and
* Reading and Understanding Nassau, Bahamas easy-to-prepare by the faculty

: Financial Statements and students of the UWI Cen-

Spe GUC WOU Business Plans & Start-Ups Tel: $25-7313/322-6000 tre for Hotel and Tourism
SEMINAR: April 26 @ 10am Management (CHTM).

Fax: 323-3700 Participants will get the

. 7% TOYOTA FINANCIAL STATEMENTS PREPARATION - SPECIAL || ©PPOrtunity to taste some of
Bank the delicious items prepared

- - ‘~ t Compilation + Review :
Financing ~ “Saas RAV 4 S P by the CHTM group who will
~ be available to answer ques-

Available - F i e W Sh ] Q im e nt Small Business Accounting EASY BOOKKEEPING SYSTEMS tions from participants.

on the SEMINAR: May 31 @ 10pm V Do it yourself There is no registration fee
ot ; a a v Simplified Bookkeeping Records
P Sample Business Plans - $50 | v Fits every business to attend Research Day and
(New /Existing business) anak = aint UWI and RBC are urging the
& V Quickbooks Setup - Training : h h
~ - public to attend throughout
COMPUTERIZED QUICKBOOKS | yw BUSINESS KIT $50 the day of activities.
See = rang nteree tire A guide to starting and managing a 'In particular teachers,
5 : = fone : . . :
BRING YOUR OLD VEHICLE TO TRADE SO YOU CAN UPGRADE!!! BUSINESS START-UP SERVICES | Small Business policemen, firefighters, avia-
tion workers, healthcare work-
F. : Accounting Records in bad shape? Registration ers. tourism. banking and oth-
a oca t = d PS ‘i 1] root} ) son 3] | vd ‘ Need financial statements for the bank? . Seminar , itd is . z e
e . Hy Need business licence prepared .... We can help! - $35 er industries and ministries of
Tel: 325-0881/2 Open:Mon,-Fri. 8a.m.-5:00p.m. . government are urged to
. = ° attend.




































































MESSAGE FROM
THE HON. DR. HUBERT A. MINNIS,
THE MINISTER OF HEALTH AND
SOCIAL DEVELOPMENT

Monday, 7 April 2008



Today, Monday, 7 April, 2008 the World Health Organization (WHO) and countries around the world celebrate World Health
Day. This day provides an opportunity to focus worldwide attention on a subject of major importance to global health. This
year, World Health Day focuses on the need to protect health from the adverse effects of climate change.

Ministry of Health and Social Development
In collaboration with Galleria Cinemas

This year’s theme “Protecting Health from Climate Change,” puts health at the centre of the global dialogue about climate
change and WHO is concerned that climate change is posing ever growing threats to global public health security.

Invites the general public to a free viewing
of the movie

There is widespread international and scientific consensus that the world’s climate is changing and small island nations can
be particularly vulnerable to the effects and impacts of climate change.

The effects range from heat waves and drought, to more variable weather patterns including heavy rains, flooding and more
intense hurricanes and cyclones. '

“An Inconvenient Truth”
The impact of climate change on health has been felt world wide and has affected resource poor countries disproportionately. RATED: A \
Many adverse health outcomes are directly and indirectly climate sensitive, (for example drowning and injuries sustained \
during floods) or indirectly (such as water-borne diseases, fish poisonings, and contamination of water tables). Further, these
changes not only impact food production and distribution, but as well, liquid and solid waste disposal, a well established
mechanism for communicable diseases.

In support of
World Health Day 2008

Protecting gees from climate change

In The Bahamas, climate change is clearly visible. We recall the flooding in 2007 associated with tropical storm Noel in
several Family Islands and the 2005 hurricane season which brought substantial flooding and damage to Grand Bahama and
‘reports of snowflakes in parts of Abaco and Grand Bahama in 2004 when temperatures fell to the 30’s.

Recognizing the impact of climate change on small island developing states, The Bahamas ratified the United Nations
Framework Convention on Climate Change on 9 April 1999, The Bahamas Environment, Science and Technology (BEST)
Commission, serves as the National Climate Change Office for the nation. Further, the BEST Commission is responsible
for the coordination of all relevant agencies and for the development of strategies for preserving the stability of our economy,
ecosystems, and by extension, our health.

At Galleria Cinemas JFK and
the Mall at Marathon

Through increased collaboration, the global community will be better prepared to cope with climate-related health challenges
worldwide. Dr. Mirta Roses, Director of the Pan American Health Organization, notes that “governments and leaders of the
Americas can and must face with determination and vision what needs to be done in terms of urban planning, transportation,
energy production and distribution, food production and safety, and the sustainable use of land and other natural resources
that have been placed in our care on a temporary basis”.

Monday, 7th April, 2008

One Showing Only: 8:20 p.m.
Limited Seating Available

In recognition of World Health Day, and in an effort to increase local awareness of the possible health threats caused by
climate change, the Ministry of Health and Social Development, in collaboration with Galleria Cinemas, is sponsoring a
special free viewing of “An Inconvenient Truth” at Galleria Cinemas at Marathon Mall and J.F.K. Drive.

A must see movie
That you won't want to miss!

This movie brings home the persuasive argument of former United States Vice-President Al Gore that we can no longer afford
to view global warming as a political issue — but see it as one of the biggest moral challenges facing every person in our times
- globally. 1 invite individuals and families to go and view this movie and take from it those aspects that will serve to make
our Bahamas a safer and healthier place in which to live, work and play.

I challenge you, the people of The Bahamas, to do your part to reduce your carbon footprint by turning off unnecessary lights,
driving (or riding) less, using less plastics, and make personal choices that will both reduce climate change and enhance health,

Tickets may be collected at the Galleria Box
Offices beginning Saturday, 5th April, 2008
during normal operating hours.

First come first serve basis.

The Ministry of Health and Social Development is committed to strengthening public policy and practice to address the impact
of climate change and to have a healthier Bahamas.

@, Thank you.


THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 11



Article released on
the Lhasa violence

This is the second in a series of articles issued by the Chinese Embassy in
Nassau following articles printed in The Tribune which questioned China’s
human rights record. The first dealt with the issue of arms sales to Darfur.

The news agency Xinhua
was authorised to release a
signed article on Sunday,
March 30, claiming that the
Dalai “clique” plotted and

incited the Lhasa violence on’

March 14, which killed at
least 18 civilians and one
police officer. The story, by
Yi Duo, denies the claim by
the Dalai Lama and his
backers that the riot was a
"spontaneous peaceful
protest" which the Dalai
Lama had nothing to do
with.

&@ By YI DUO
Xinhua News

AY UNIDENTI-
FIED suspect who

was connected with the
Lhasa violence has confessed
to police that the “security
department” of the “Tibetan
government-in-exile” asked
him to distribute leaflets
promoting the so-called
“Tibetan people’s uprising”
to civilians and monks in
Tibet.

“The violence on March
14 was related to the insti-
gation of the ‘security
department’ of the ‘Tibetan
government-in-exile’,” the
suspect said.

“To protect myself, (the
Dalai clique) asked me not
to participate in the demon-
strations in person, just to
take charge of stirring peo-
ple up,” the suspect said.

“The beating, smashing,
looting and burning were by
no means peaceful demon-

strations and the deeds were
inhuman,” the suspect
admitted. “If they (the Dalai
clique) wanted to follow the
non-violent ‘middle way’,
such violence should have
never happened.”

On the same day that
mobs attacked innocent
Lhasa civilians, a closed-
door meeting was held by
the Dalai Lama clique on
how to build on the
“achievements”, the article
said.

HISTORY
REPEATS ITSELF

Mex 10 is the
anniversary of the

so-called “Tibet uprising” in
1959. On that date, 49 years
ago, Lhasa saw a bloody riot
initiated by the Dalai Lama’s
backers. Rioters killed Pag-
balha Soinam Gyamco, a
senior lama and a member
of the preparation commit-
tee of the Tibet
Autonomous Region, tied
his body to a horse and
dragged it for two kilome-
tres.

The day, annually com-
memorated by the Dalai
Lama’s backers, has been a
reminder of violence. And
history seems to have
repeated itself.

On the same date this
year, a ceremony was held
in Dharamsala to mark the
event. The 14th Dalai Lama
said in a critical statement
that the Chinese government
had imposed “more severe
repression upon Tibetans in
Tibet” and “trampled on

human rights and limited
religious freedom”. He also
expressed appreciation for
the “Tibetan people’s sin-
cerity, courage and resolu-
tion.”

Immediately after the cer-
emony, about 300 monks
from the Zhaibung
Monastery tried to march
into central Lhasa. In the
following days, monks from
other temples in Lhasa also
tried to demonstrate but
were restrained by police.

When the monks’ efforts
to spread unrest failed, riot-
ers came. They torched
shops and vehicles, attacked
innocent passers-by on the
streets and even attacked
ambulances on March 14.

TRYING TO ESCAPE
RESPONSIBILITY

At the Lhasa riot
on March 14,

which is so far known to
have claimed at least 18
civilian lives and caused 382
injuries, unrest erupted in
other Tibetan-inhabited
regions in the southern part
of Gansu Province and the
northern part of Sichuan
Province.

Mobs, some shouting slo-
gans for “Tibet indepen-
dence” and bearing flags of
the so-called “Tibetan gov-
ernment-in-exile”, stormed
into and attacked govern-
ment offices, police stations,
hospitals, schools and banks.

Moreover, backers of the
Dalai Lama spread violence
even further by organising
rioters to attack Chinese

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embassies and consulates in
the United States, Canada,
India, Britain, France, Ger-
many, Belgium, the Nether-
lands, Switzerland and Aus-
tralia.

The Dalai Lama released a
statement via his personal
secretariat on March 14, in
which the protests were
described as “peaceful”. On
the same day, the “Tibetan
government-in-exile”
defined the riots in another
statement as_ peaceful
demonstrations by Tibetans
to protest Chinese policies.

The Chinese government
later released film and pho-
tographs showing the violent
attacks that took place dur-
ing the riot in Lhasa.

On the advice of his sup-
porters, the Dalai Lama
changed his tune at a press
conference on March 18,
when he said that he should
not have created an anti-
Chinese mood in the inter-
national arena. The only
option would be his retire-
ment if the situation got out
of control, the Dalai Lama
said.

His comments were soon
seen by the international
community as an admission
that he had a responsibility
for the riots in Lhasa.





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ACH Business Manager

The Company
Bahamas Automated Clearing House Limited (B.A: Cl H Ltd) has been established to
own and operate the Automated Cleapigg;House (AGH) of the Bahamas. The ACH is
an initiative of national importance as it will significantly boost the efficiency and
integrity of the Bahamian commercial banking and payments system.

The Role

The ACH Business Manager is a strategic position responsible for the development
and management of the Bahamas Automated Clearing House. The position requires
a breadth of understanding of payment systems development and management
policy and issues. As a new initiative in the Bahamas, and as part of small team,

tame ale

AAMLOOMAOOAeRORIAAPTORORMRCSAOTIAOOCAODTAPOIAECDPPOOPOAOCCARAOSOBAALAAOOONOUNAOM AAAS RA DOOAIELAASNRORAS:

this role is not for an individual seeking the comfort of a bureaucratic structure of a
large retail bank. It is for a proactive individual seeking to shape an organization that

will soon be at the core of the commercial banking and payments system.

Specific Responsibilities Include:

Development of functional/service options and additions
Development of an ACH cost/revenue model
Development of fee/cost sharing model

Development of ACH Operating Guidelines

Development:

Project
Management:

Daily
Management:

| How to Apply

Assist with the management of the remaining project activities
Manage the implementation of Phases 2 & 3 of the ACH project
Recruit the ACH team

Manage the daily running of the ACH service
Manage the ACH team

Skills & Experience required:
* Broad banking experience with a strong focus in Operations and Treasury functions
* Strong policy and procedure development experience

* Familiarity with good Payment Systems development and management
Excellent budgeting, forecasting, financial modeling and reporting skills

* Solid understanding of banking technology

* Strong experience in proactively managing teams to achieve high performance
* Excellent analytical skills

* Excellent client liaison & relationship management skills

|

Please note that this recruitment exercise is being managed by an independent
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THE TRIBUNE

LOCAL NEWS

Blaze at rectory 7

FROM page one

Archdeacon Thompson - one of :
Nassau’s most revered churchmen
- was shot in his home, St Agnes :
Rectory, when he disturbed a bur- }

glar in the summer of 2000.

He eventually died after fighting
for his life for several days in inten- :
sive care. His murder shocked the :

entire religious community.

His killer, Neil Brown, was later :
sentenced to death, but was himself :
killed by a prison guard during a :
mass breakout from Fox Hill :

Prison in January, 2006.

Four fire engines attended the
blaze, which was last night under :
control and being dampened down :

by emergency crews.

The witness said: “It appears

that the entire roof has gone.”

A police source said that arson
was suspected, but no firm:conclu- ;
sions could be drawn until investi- :

gators move in today.

Among those who rushed to the
scene was Archdeacon Ranfurly :

Brown, who is rector of St Agnes : p i J HD
: no signs of violence to the deceased, police are awaiting the results of

Anglican Church.

The fire broke out around 4pm
and four hours later fire crews :
: death, CSP Rahming said.

The stuccoed building had not :
been occupied since the murder. :
It had been battened up and :
fenced off for several years and :

were still on the scene.

was semi-derelict.

A crowd gathered to watch fire-
men tackle the blaze. Many were :
Anglicans who regarded the rec- :

tory as a memorial to Archdeacon : St SOY
: violence and in joining in the col-

Thompson.

“We’re so shocked that, after :
the murder of Father Thompson, :
the building has now been :
destroyed, ending over 100 years of :
church history,” said a bystander. ;

FROM page one

government in the petroleum
industry,” he said.

He said many doctors were
appointed as ministers of health,
attorney generals are required to
have a background in law, and by
the same token his background
in Water and Sewerage and the
oil industry qualifies him to over-
see the areas under his portfolio.

Mr Neymour said he worked
at Esso for seven years as a pro-
ject and retail engineer, territory
manager for the Family Islands
and Turks and Caicos, and a fleet
supervisor during which he
addressed the transportation of

Minister
of State

Esso’s products throughout The
Bahamas and Turks and Caicos.

Mr Miller is crusading for the
reduction of the current mark-up
margins, which are 33 cents a gal-
lon for importers and 44 cents for
retailers.

He contended that these mar-
gins allowed the three major oil
companies to rake in $100 mil-
lion in revenue, while motorists
shell out more money at the
pumps.

FROM page one Bid (0 resurrect

police or EMS, the family decided to hold a “fasting and prayer vigil,
in hopes that God would raise their mother from the dead,” Chief Supt

Basil V Rahming told The Tribune.

He told police that, after nine days of prayer and fasting “with no
result”, the family finally decided to call the police.

CSP Rahming said Russell’s badly decomposed body was found
lying in bed, clad in sleep-wear. Although investigating officers found

a post mortem before making a classification of the death.
Until then, police have deemed the “bizarre” incident a sudden

FROM page one

in drugs and the associated crim-
inality.

“And so, we very rightly are
placing great emphasis upon
stemming the invidious tide of

lective struggle to make this
region a truly safe and secure
place for our citizens and guests,”
Mr Ingraham said.

Death penalty

The prime minister said
CARICOM countries must make
greater progress in their efforts
to reduce the level of crime, most
particularly violent crime.

The fight against crime, he said,
requires that countries of the
region identify priorities and
develop multi-sectoral strategic
responses.

FROM page one

future,” the statement claimed.
Since its entry into the Nassau
market, the statement added, Glob-
al United had paid the government
on the same terms that were estab-
lished years ago. Under this arrange-
ment, a period of time was allowed
for Global United to bill and collect
duty and taxes and then pay the
same to Customs, the statement said.

“Such an arrangement is not
unusual and there are similar
arrangements with other companies.
Since the issue arose, Global has
been current with its payments,” the
statement said.

On Friday, Mr Laing said the gov-
ernment was addressing the “sub-
stantial” amount of unpaid customs
duty and passenger taxes Global
United owed the government.

“T don’t know what their situa-
tion is today, but they have out-
standing payments to the govern-

Global claims

ment. I don’t know the exact amount
but it’s substantial...all I know is that
the payments are due and demands
have been made and they have not
been forthcoming with the pay-
ments,” Mr Laing told The Tribune.

Yesterday, Global United said
these remarks were part of the gov-
ernment’s “relentless efforts” to
“destroy” the company.

“Tt is extremely curious that of all
the government’s debtors it has cho-
sen to make a public statement on
Global United. We see this as just
another example of the FNM’s
relentless efforts to totally destroy
a 100 per cent owned Bahamian
company which currently employs
over 200 Bahamians.”

The statement claimed this
“attack” began after Mr Ritchie was

named as a PLP candidate for the

2007 general election.

; ‘

Said the statement: “Mr Ritchie
confirms that shortly after it was
announced that he would run on the
PLP’s ticket, he received informa-
tion that an attack would be
launched on him by FNM operatives
within the Ministry of Finance.

And, in fact, on March 26, 2007,
he received a letter, not from the
Comptroller of Customs with whose
office he had been dealing for the
past 17 years, but from an employee
of the Ministry of Finance.

“This attack from within the Min-
istry of Finance has continued relent-
lessly, particularly escalating after
the general elections. It is unfortu-
nate that a Bahamian owner and his
business could be attacked so cal-
lously because of the principal’s
political affiliation.” i

During the 2007 election cam-
paign, Jackson Ritchie vied for the
Clifton constituency. He was defeat-
ed by the FNM candidate, attorney

_-Kendal Wright.

PRESS STATEMENT

The Junkanoo Corporation New Providence Limited
will host a JUNKANOO CONCLAVE in the St. John’s
College Auditorium from Thursday, April 10, 2008
through Saturday, April 12, 2008 under the theme:

A dialogue to foster a closer relationship between
all stakeholders involved in Junkanoo on the
island of New Providence.

Dates:

1. Thursday, April 10, 2008 from

6:00 p.m. — 10:00 p.m
ee

THE PUBLIC

E OPENED SESSIONS

A Town Hall Meeting will be held on the opening night
Thursday, April 10, 2008 at 6:30 p.m. and all Junk-
anooers, Sponsors, Supporters and the General Public
are invited to attend. It will be aired LIVE on ZNS
Radio Bahamas, 104.5 FM and recorded for later Tele-
vision viewing on the various media network stations.

2 Friday, April 11, 2008 from 6:00 p.m. — 10:00 p.m.

CLOSED SESSIONS FOR DE

ril 12, 2008 from 8:30 a.m. — 5:00 p.m.
NS FOR DELEGATES AND THE

3. Saturda
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10 delegates per group A and B Div
10 delegates from the :

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PUBLIC

Attendees:

er person

EGATES ONLY

ision Groups at

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ssociation at $50 per person

All other attendees:

i. Thursday open to all Junkanooers and the Public
ii. Saturday $30 for the day session, open to all
Junkanooers and the Public

We look forward to seei


THE TRIBUNE





The po

MONDAY, APRIL 7, 2008, PAGE 13

litical history

of CARICOM: a review

@ By SIR RONALD
SANDERS

(The writer is a business
executive and former
Caribbean diplomat)

( ARIBBEAN acade-

mics, politicians and
civil society would find it hard to
identify a more informed schol-
ar than Anthony J. Payne to

write a political history of the
Caribbean Community .and

Common Market (CARICOM)..

Since writing his authorita-
tive dissertation on the
Caribbean beginning with the
West Indies Federation, thirty
years ago, Payne, now a Profes-
sor at Sheffield University in
England, has published exten-
sively on the twists and turns of
the Caribbean effort at regional
integration.

Now he has produced an
insightful work, “The Political
History of CARICOM” in which
he posits the view that what
CARICOM has done over the
years of its existence is “promote
the co-existence of regional inte-
gration at one level with region-
al fragmentation at another.”

As he explains it: CARICOM
has “rendered workable and rel-
atively stable the interaction of
the two forces that have pulled
the English-speaking Caribbean
apart for three centuries or
more.”

According to Professor
Payne, the institution of CARI-
COM has managed to establish
“no more than a working modus
vivendi of the two opposing
forces of integration and frag-
mentation” and “as such CARI-
COM inevitably remains intrin-
sically a prey to interruptions of
that fragile coexistence.”

One suspects that Payne is
right in this assessment.

For, even in the seminal work
by the West Indian Commission
in 1992, “Time for Change” and
in subsequent. expert recom-
mendations to CARICOM
heads of Government, there was
a marked reluctance to call for a
political union of CARICOM
states. Instead, there were
repeated assertions that CARI-
COM would remain “a commu-
nity of sovereign states.”

The West Indian Commis-
sioners and the expert groups
feared that, if they recommend-
ed a political union, even though
many of them would have con-
sidered it the right thing to do,
the detractors of regional inte-
gration in several CARICOM
countries, but particularly
Jamaica, would have pounced
on it as justification for aban-
doning CARICOM altogether.

The experts did, three times
in three separate reports, rec-
ommend the establishment of a

CARICOM. Commission (much _

like the European Union Com-
mission) to be a motor for dri-
ving the organisation forward.

But, as Payne points out,
Heads of Government rejected
the idea.

Fearing that a Commission
would make decisions affecting
their national situations, the gov-
ernment leaders chose instead
to set up a rotating three-man
Bureau from amongst them-
selves. The Bureau has not




WORLD VIEW

proven to be dynamic or com-
manding since it also can not
make decisions that might affect
national sovereignty.

Despite all this, the notion of
a political union continues. to
haunt the psyche of some
Caribbean leaders particularly
when they are confronted with
economic conditions that chal-
lenge their capacity to satisfy the
expectations of their people or
provide them the level of secu-
rity they want.

Thus, just last month came
the latest announcement of a
possible political union of coun-
tries in the Caribbean by Prime
Ministers Patrick Manning and
Ralph Gonsalves of Trinidad
and Tobago and St Vincent and
the Grenadines.

Within a week, the Prime
Minister of St Lucia disassoci-
ated his government from the
proposal, and Prime Minister
Bruce Golding of Jamaica let it
be known that Jamaica had long
rejected this idea and would not
be entertaining it, though he had
no problem with any group of
countries in the Caribbean Com-
munity and Common Market
(CARICOM) that wished to
pursue it...

Ali other CARICOM gov-
ernments remained silent.

In an earlier commentary
(“Caribbean Political Union:
Dreaming Again”), I discussed
the enormous difficulties that a
political union of the proposed
four countries alone would pose,
even assuming that a consensus
exists amongst all their popula-
tions — and it is by no means
obvious that such a consensus
does exist.

I also pointed out that the
basic framework for a political
union exists more among the
members of the Organisation of
Eastern Caribbean States
(OECS) who already share
many of the fundamentals of a
Union including a common cur-
rency, a common Central Bank,
a common judiciary and the
rudiments of a regional security
system.

Were all of the OECS mem-
bers to enter collectively a polit-
ical union with Trinidad and
Tobago, it would make more
sense and be more practical.
Such a union could cause Bar-
bados to consider participation
seriously, and, this new national
entity could be part of CARI-
COM with Jamaica, Guyana,
Belize and Suriname.

I have deliberately omitted

the Bahamas whichis still not.a .....

member of the Common Mar-
ket even though it is a member
of the Community. The rela-
tionship with the Bahamas
would continue much the same
as it does now, until that country
recognises the value that mem-
bership of the Common Market
— not the political union —
brings to it.

Similarly Jamaica, Guyana,
Belize and Suriname would
remain individual members of

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CARICOM as they now are and
continue to work diligently
toward the perfection of the
Common Market. For them,
matters such as a Single Econo-
my and membership of a politi-
cal union would be deferred.
Haiti poses enormous prob-
lems on all fronts. And, while
CARICOM member states will

do what they can to bring Haiti
into all of its arrangements, real-
istically this will take time.

In his book, Payne concludes

‘that CARICOM is not “strictly
‘speaking an integration move-

ment at all, if the term ‘integra-
tion’ is considered to have any-
thing to do with the emergence
of a new and separate commu-
nity of identity into which pre-
vious national identities are pro-
gressively submerged.”

Payne argues that CARI-
COM “has been aimed, not at
the replacement of national and
political action, but at the very
opposite, its reinforcement.”

In other words, CARICOM’s

purpose for the political leaders
of its member states is not to
work progressively to one
Caribbean nation in a political
union, but, instead to utilise the
benefits of collective actions that
individual states cannot afford
to take by themselves to keep
those very individual states alive.

There may be much in what
he says.

“The Political History of
CARICOM?” is published by Ian
Randle (Jamaica) ISBN: 978-
976-637-292-7.

Responses to:
ronaldsanders29@hotmail.com



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PAGE 14, MONDAY, APRIL 7, 2008

THE TRIBUNE



INTERNATIONAL NEWS

AAT a Ea
In Nepal, a monarchy makes way for democracy

Ed Wray/AP Photo



NEPALESE listen to speakers at an election rally for Nepal's Maoist party campaign Sunday April 6, 2008,
in a town on the outskirts of Katmandu, Nepal. Campaigning is picking up speed ahead of the important April
10 election which will pick an assembly to rewrite the constitution.

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ROSENBERG
KATMANDU, Nepal



It was a surprising sight in a
land grown accustomed to sur-
aie the king at the wheel of a

ercedes-Benz, driving himself
and his queen through the
crowded streets of Katmandu.

“He was in the front seat! In
traffic!” said Krishna Chetri, a
56-year-old shop owner.

‘“‘Where’s the majesty?” he
asked. “This is something I nev-
er would have believed.”

In ‘this Himalayan land, the ~

Shah dynasty of kings reputed
to be reincarnated Hindu gods
is being pushed to possible
extinction by the fallout from a
decade-long communist rebel-
lion and King Gyanendra’s own
autocratic ways.

Nepal votes Thursday for an
assembly that will rewrite its
constitution, the latest effort to
transform a troubled, near-
medieval land into a modern
democracy.

And the assembly’s first order
of business: eliminating the
monarchy. —

“This king has done too much
harm. He’s shown us that we
don’t need kings,” said Krishna
Prashad Sitaula, a cabinet min-
ister and a leader of the centrist
Nepali Congress party who
helped negotiate the peace deal
with the rebels, known as the
Maoists.

Not everyone is so sure.

“This king lost the people’s
favor,” said Ram Shresthra
Prasad, a 42-year-old priest at

. the Pashupatinath Temple, the

clamorous shrine to which Gya-
nendra drove last month.

But “this talk of a secular
cee is ignorant,” he said.
“Our kings created Nepal. They
protect our Hindu religion. The

ings are the symbol of Nepal.”

Yet in many demonstrative
ways, Gyanendra’s 269-year-old
Shah dynasty has reached the
end of the line.

In January, Nepal’s interim
parliament formally declared
the country a secular republic.
Gyanendra’s portrait has dis-
appeared from shop walls and
the currency. “Royal” has been
removed from the name of the
army and national airline. Ref-
erences to the king are gone
from the national anthem.

Gyanendra has also endured
other indignities. His $3.1 mil-
lion annual allowance and 10 of
the'family’s palaces were tak-

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en away, as were the queen’s
beauticians and about
uard.

Gyanendra can probably
afford the losses. Before assum-
ing the throne, he was known
as a hardheaded businessman
with interests in tourism, tea
and tobacco.

He can also afford to hire his
own driver, and did his own dri-
ving to show that he is at the
people’s disposal in what ever
role it chooses, said a palace
official who spoke anonymous-
ly because the government has
told Gyanendra not to make
public statements.

Gyanendra’s aides and sup-
porters are hoping that the frac-
tious political elite will be
unable to agree on dumping
him, and will also head public
opinion, which seems far from
unanimous about abolishing the
monarchy.

A survey conducted in Janu-
ary by Interdisciplinary Ana-
lysts, a private firm in Katman-

u, found 49 percent of Nepalis
favored retaining the monar-
chy, and 12 percent undecided.

But Gyanendra, personally,
fared far worse. The 3,000 peo-
ple questioned gave him an
average popularity rating of 2.8
on a scale of 1 to 8, the lowest of
any major political figure. The
poll gave a margin of error of
two percentage points.

Gyanendra’s dynasty dates to
1769, when a regional ruler con-
quered Katmandu and united
Nepal. The mystique of the roy-
al line he founded was pierced
in 2001 by a palace bloodbath in
which a gunman, allegedly the

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alf his -

Ed Wray/AP Photo

NEPALESE men carry the Maoist party flag during an election rally
for Nepal's Maoist party Sunday April 6, 2008 in the outskirts of Kat-
mandu, Nepal. Campaigning is picking up speed ahead of the impor-
tant April 10 election which will pick an assembly to rewrite the con-
stitution.

crown prince, gunned down late
King Birendra and much of the
royal family before killing him-
self. Gyanendra, the dead king’s
older brother, then took the
throne.

Four years later, with armed
rebellion raging in the country-
side, he dismissed an elected
government and vowed to crush
the Maoist rebellion himself.

He failed, and his popularit
plummeted. By April 2006,
widespread unrest had forced
the king to restore democracy.

Soon after, the Maoists ended
their fight. And last year, in a
deal that paved the way for
Thursday’s elections, they
agreed with Nepal’s major polit-
ical parties that after the vote no
man should wear the bejeweled
Nepalese crown of yak hair and
peacock feathers.

What happens to Gyanendra
afterward is undecided. The
leader of the Maoists, known
by his nom de guerre, Prachan-
da, told The Associated Press
that “he may live as a common
citizen.”

“But if he wants to resist the
verdict of the masses,” he said,
“then I think he will be on trial
and he will be punished.”

So Gyanendra sits in his
palace, a salmon-hued concrete
1970s monstrosity that domi-
nates the capital’s center, hop-
ing time will work in his favor.

“T think we all believe, we
hope, that they” — the politi-
cians — “will not be able to
agree,” said Kamal Thapa, a
cabinet minister under the king
and now leader of the main roy-
alist party. ;




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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 15



INTERNATIONAL NEWS AOE Re RORY

TE Ee pete JSS Soe iis le oad ga

Indigenous Latin [ie ee,

America adds voic
to climate talk

@ By ALEXEI
BARRIONUEVO
MANAUS, Brazil

MANAUS, Brazil — Some
wore traditional headdresses,
and some travelled by riverboat
or canoe. But the dozens of

“forest peoples” who descended
on this capital of Brazil’s Ama-
zonas state last week hada
common goal of becoming big-
ger players in global climate
talks, reports the New York
Times News Service.

A conference here that ended
Friday drew leaders of indige-
nous groups in t1 Latin Amer-
i¢an countries, a number
unprecedented in size and
scope, organizers said, and
observers from: Indonesia and
Congo. They came to build a
consensus for a-plan in which
wealthier countries would com-
ge developing countries

or conserving tropical forests
like the Amazon.

~ Such an international carbon-
trading plan has been gaining
momentum and was a central
topic last December at a climate
conference in Bali, Indonesia.
Scientists generally: agree that

tropical deforestation, accounts:

for 20 percent of the world’s
eenhouse gas'emissions. : .,

“There is a real Séfise that'this
potentially represents a huge
Opportunity for forest peoples
to influence climate. change
negotiations and'create larger-
scale incentives to stop defor-
estation and i improve their liv-
ing conditions,” said Stephan
Schwartzman, co-director of the
international program at the
Environmental Defense Fund
in New York, who attended the
discussions here.

On Friday, representatives
from the 11 Latin American
countries signed a declaration
establishing the International
Alliance of Forest Peoples and
vowed to continue to push for a





place at the table of climate:

THE AMAZON rainforest



change talks. “The indigenous
peoples need to understand
exactly what is happening in
their forests,” Yolanda Her-
nandez, a representative of the
Maya Kakchiquel community
in Guatemala, said in a state-
ment.

The Indonesian government
has been promoting the idea of
carbon trading at climate talks.
But environmentalists see South
America, where native popula-
tions have stronger legal claims
to the land, as a major staging
ground for building support for
the concept.

Unlike Southeast Asia, where

land is more tightly controlled

by national governments, Brazil
has set aside huge swaths of the
Amazon for native groups, who
now have permanent rights to
12 percent of the country’s ter-
ritory and 21 percent of the
Amazon. Some 49 million acres
of “extractive reserves” were
set aside for the rubber tappers,
Brazil nut gatherers and river
communities that live there.

Brazil’s government has also
recently shown a willingness to
crack down on rampant logging.
Deforestation rates in the coun-
try, despite a spike last year,
had been declining for several
years.

But little value has been
assigned to the role of native
peoples in sustaining the Ama-
zon They are finding it more












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complicated to live in a‘ world
where the trees that are:cut
down are worth more than’ the
living forest that still stands,.
Schwartzman said. |

“People accuse us of wanti-
ng to internationalize the Ama-
zon, to create countries within
the Amazon territory,” said
Jecinaldo Satere, a member of
the Satere-Mawe ethnic group,
which lives along rivers in.a,2.5
million-acre territory famous
for producing the guarana plant
used in energy drinks, “We just
want respect for the co uni-

Combet

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ty. »”
Satere, who leads the\Coor- s cpa meg
dination Office of the Brazi ian +. “WASHERS'S:DRYERS : hi
Amazon Indigenous Orga “ny (oe Machine aéttings shi stent’ we hyp ott

tions, said ‘the Satere-
group was trying to mai tain
the language of its 10,000 mem-
bers and rituals like the “t can-

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hand into a glove filled with bit-” ; i

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man. “fh AIR CONDITIONING © ‘A

Large-scale clearing ét the
Amazon forest —for. wood) cat- ~

Set the temperature no lower than’78° F
tle-grazing and agricultural ‘
products like soybeans — is Consider using automatic settings
threatening the native people's * Use a ceiling fan in conjunction with the air condition:
traditional way of life. “The cli-
mate changes are a reality,” said * Use a proper size air conditioner for the room space
Manoel Cunha, chairman of : : hy :
Braail's National Council. ot Ensure the filters are cleaned regularly .
Rubber Tappers..“We have Seal all leaks or gaps in windows anid deors
rivers that are unnavigable” and , glo 1q 5
trees that no longer bear fruit, : Woy
he added






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IN

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RBC Royal Bank of Canada; Chrissinda Rolle, RBC Vice President's
Award Winner and Central Teller, RBC Exuma Branch; Patricia Berry,

RBC Vice President's Award Winner and Assistant Manager Customer °

Service, RBC Credit Card Centre; and Nathaniel Beneby Jr., Vice
Ptesident and Country, Head, RBC Royal Bank of Canada

Awards Runners up:
Pictured left to right are: Ross McDonald; Tanya McCartney;
Charmaine Knowles, Managing Director's Award Runner up and

Customer Service Representative, RBC FINCO, Palmdale; Theresa

Moss, Managing Director's Award Runner up and Manager, RBC
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RBC FINCO; Zakiya Bain, RBC Managing Director's Award Winner

ahd Specialized Services Processor, RBC FINCO Service Centre; *

Dwayne Kemp, RBC Managing Director's Award Winner, and
Manager, RBC FINCO:R bingon Road; and Nathaniel eon Iy
Vice President and Cony Head, RBC Royall Bank of Canada

| ‘

Otiver Honeurecs: i

Pictured left to right are: - Ross McDonald; Tanya McCartney;
Tennielle Colebrooke, Client Service Officer, RBC FINCO, Main
Branch; Shereena Gaitor, Account Services Representative, RBC
FINCO, Main Branch; Jamaal Pratt, Proof/Data Clerk, RBC
FINCO Palmdale Branch; Shara Kikivarakis, ICSO, RBC FINCO,
Palmdale Branch; Martius Hutcheson, Loan Specialist, RBC
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Alt
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Pictured Earae are: Ross a webu Siehigercnnihoat Ue

* President's Award Runner up and Account Manager, Commercial

Financial Services; George Roache, Vice President, Commercial
Financial Services; Anya Johnson, Vice President's Award Runner
Up and Business Services Representative, RBC Royal Bank of
Canees Main Biatichy as Nathaniel Beneby Jr,

Pictured left to right are: Ross McDonald; Rhodsia Johnses,
Service Desk Analyst, Global Technology Operations; Alex
Adderley; Currency Services, Bahamas Service Centre; Derren
Turner, Technical Support Analyst, Global Technology
Operations; Brenda North, Account Services Representative,
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Saunders, Manager, RBC Royal Bank of Canada, Main Branch;
and Nathaniel Beneby Jr.


PAGE 16, MONDAY, APRIL 7, 2008

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PAGE 18, MONDAY, APRIL 7, 2008

THE TRIBUNE



INTERNATIONAL NEWS

Zimbabweans bounce from

hope at Mugabe’s retirement
he will fight to stay on

to fear

@ HARARE, Zimbabwe

FOR a few brief moments,
Zimbabweans suffering under

the authoritarian rule of
Robert Mugabe allowed
themselves a rare burst of
optimism after their longtime

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president suffered what
appeared to be a devastating
electoral loss, according to
Associated Press.

But ruling party stalwarts
and security chiefs — worried
about their own fates in a
post-Mugabe era — quickly
dug in their heels, and
Mugabe now appears poised
to do everything he can to
extend his 28-year rule.

“There’s a political harden-
ing by the political elite of the
ruling party,” said Eldred
Masunungure, a political ana-
lyst at the University of Zim-
babwe. “They’re in a panic
mode.”

Earlier, news of the opposi-
tion victory sent supporters
into the streets, dancing,
singing and waving the open
hand that is the Movement for
Democratic Change’s symbol.
The symbol of Mugabe’s
ZANU-PF is a clenched fist,
and it didn’t take long for it to
show.

Though opposition leader
Morgan, Tsvangirai has
promised Mugabe a peaceful
retirement, fears of violence
against government oppo-
nents have grown as security
forces and ruling party thugs
took to the streets in the days
after the March 29 election.

It would not be the first
time Mugabe resorted to vio-
lence to cling to power.

He had ruled his nation with
little real challenge since 1980,
when his guerrilla movement
helped end white rule in
Rhodesia and bring about an
independent Zimbabwe. He
was praised for his policies of
racial reconciliation and eco-
nomic growth, and for bring-
ing education and health care
to the masses.

Then a coalition of trade






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unionists — backed by some
wealthy white commercial
farmers and their workers —
formed the Movement for
«Democratic Change which,
along with civil rights groups,
dealt Mugabe his first defeat
at a 2000 referendum to
entrench presidential powers.

Shocked, Mugabe respond-
ed by sending armed thugs,
some veterans of the bush war
for independence, into rural
areas to seize white-owned
farms and intimidate opposi-
tion supporters.

Though the farm seizures
sparked an eventual econom-
ic collapse that has this for-
mer regional breadbasket
dependent on international
food aid, the ruling party won
2000 parliamentary elections.
Similar campaigns of intimi-
dation preceded ruling party
victories in 2002 and 2005
elections, which international
observers said were marred
by serious irregularities,
including outright rigging.
Scores of Mugabe opponents
were killed.

In contrast, the March 29
elections were relatively
peaceful and, in a compromise
with opp/sition leaders, the
government posted results

_ outside all the polling stations
— a move that made it more
difficult to cheat.

Mugabe campaigned on his
liberation credentials and land
reform, blaming former colo-
nizer Britain and the West for
ruining the economy through
sanctions. In fact, the sanc-
tions only involve visa bans
and frozen bank accounts for
Mugabe and about 100 of his
cronies.

After it became clear
Mugabe did not win the most
votes and was likely headed
for a runoff with Tsvangirai,
several people reported secret
talks to usher the 84-year-old
into a graceful retirement,
though aides to Mugabe and
Tsvangirai denied it.

Supporters of Tsvangirai,
who said he won more than
50 percent of the vote and did
not need a runoff, took to the
streets in euphoria. Many
hoped an end to Mugabe’s
rule would revive the econo-
my, where inflation rages at
more than 100,000 percent.

But eight days after the
presidential vote, election offi-
cials still have not released the
results, and the mood in the
country has turned dark.

Riot police have flooded the



Tsvangirayi Mukwazhi/AP

COUNCIL WORKERS remove the campaign posters of President Robert
Mugabe in Harare, Zimbabwe Friday, April, 4, 2008: President Robert
Mugabe's ruling party is demanding a vote recount and a further delay
to announcing the results of Zimbabwe's presidential election, the state
Sunday Mail newspaper reported Sunday April 6, 2008, prompting out-

rage from the opposition party.

streets, manned roadblocks,
closed beer halls and ordered
people to stay home at night.
Intruders raided opposition
offices, and police arrested
foreign journalists. Feared war
veterans — used in the past
to beat up opponents —
marched through downtown
Harare.

“Mugabe has started a
crackdown,” warned Tendai
Biti, secretary-general of the
MDC.

Zimbabwean civic, church
and human rights groups say
they fear ruling party sup-
porters will use violence to tar-
get election districts where
Mugabe lost to ensure there
is no repeat of those results in
a runoff.

But Deputy Information
Minister Bright Matonga has
dismissed the fears of violence
as “a lot of nonsense.”

On Sunday, white farmers
said militant supporters of the
ruling party had invaded eight

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of the few remaining white-
owned commercial farms.
Four cattle ranchers were dri-
ven off their land Saturday, ,
and equipment and ' livestock
were seized, the farmers said:

Later, police persuaded the:
militants to leave farms in
southern Masvingo district,
but even as that was happen-
ing two more farms were
invaded in northern Cente-
nary, the Commercial Farmers
Union reported.

Senior officers and ruling
party leaders appeared to be
the driving force behind the
campaign to keep Mugabe in
power, said military analyst
Martin Rupiya, a former lieu-
tenant colonel in the Zimbab-
wean army now at the South
African Institute for Strategic
Studies.

Security chiefs and top par-
ty officials stand to lose mul-
tiple farms each has been giv-
en by Mugabe along with oth-
er patronage such as lucrative
business and government con-
tracts.

The MDC has said it was
confident it would win a
runoff. But many believe that
Mugabe, backed into a cor-
ner, will find a way to stay in
power.

The law requires a runoff
within 21 days of the initial
election, but diplomats in
Harare and at the United
Nations have said that
Mugabe was planning to
declare a 90-day delay to give
security forces time to clamp

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THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 19



INTERNATIONAL NEWS

Protesters scuffle with
olice during Olympic
torch relay in London

@ LONDON

POLICE repeatedly scuffled
with protesters as Olympians
and dignitaries carried the
Olympic torch during a chaotic
relay through snowy London on

Sunday, according to Associated |

Press.

Demonstrators tried to board
a relay bus after five-time
Olympic gold medalist rower
Steve Redgrave launched pro-
cession at Wembley Stadium —
presaging a number of clashes
with police along the torch’s 31-
mile journey.

In west London, a protester
tried to grab the torch out of
the hands of a TV presenter,
forcing police to briefly stop the
procession as officers detained
the man. Another demonstra-
tor tried to snuff out the flame
with what appeared to be a fire
extinguisher.

Others in the crowd threw
themselves at torchbearers run-
ning past in official Beijing 2010
Olympics tracksuits, surrounded
by a phalanx of security officials
jogging alongside them to pro-
tect them — and the torch —
from protesters.

The protests have forced offi-
cials to make unscheduled
changes to the relay route, Met-
ropolitan Police said. Thirty
people have been arrested.

British Prime Minister Gor-
don Brown briefly greeted the
torch when it arrived outside his
Downing Street residence as
pro-Tibet demonstrators and
police clashed yards away near
Britain’s Parliament buildings.

Demonstrators swelled in
number near the spot where
Chinese Ambassador Fu Ying
had been expected to carry the
Olympic torch. Instead, Fu
emerged with the torch in the
heart of London’s Chinatown,

managing to jog unhindered »
before handing it over.to the ,

next participant.

Along the route, hundreds of
protesters chanted “Free Tibet!”
“Stop killing in Tibet!” and
“China, talk to Dalai Lama!”

In London’s historic Blooms-
bury area, police separated anti-
China protesters from flag-wav-
ing Chinese who turned out to
support their nation and the
Olympics.

“There was definitely a bit of
an edge,” British tennis player
Tim Henman, one of the torch-
bearers, told The Associated
Press.

Police Cmdr. Jo Kaye said the
incidents were minor. “It’s going
to be a long day but the torch is
progressing on schedule,” Kaye
told British Broadcasting Corp.
television.

Brown himself never handled
the torch but watched as
Olympic gold medalist Denise
Lewis handed it to Paralympic
hopeful Ali Jawad. Student
Scott Earley Jr., from Glasgow,
Scotland, then took the torch
from Downing Street, needing
help from dozens of police to
keep baying mobs from snatch-
ing it from him as he ran
past Big Ben to Westminster
Bridge.

“Everyone was running at
you. It was a bit weird,” said
Earley, 17. “The police had it
covered. They told me when to
go and what to do.”

Later, police hustled a torch-
bearer onto an official bus after
he was surrounded by a 100
activists. The torch then trav-
eled part of the journey toward
St. Paul’s Cathedral by bus
instead, police said.

Activists demonstrating
against China’s human rights
record and a recent crackdown
on Tibet have been protesting
along the torch route since the
start of the flame’s 85,000-mile
odyssey from Ancient Olympia
in Greece to Beijing, host of the
2008 Summer Olympics.

The torch’s global tour — the
longest in Olympic history — is
meant to highlight China’s
growing economic and political
power. But it also has offered
protest groups abundant oppor-
tunity to draw attention to their
concerns.

Metropolitan Police said it
was aware of six organizations
— including the Free Tibet cam-
paign, the spiritual group Falun
Gong and a group calling for
democracy in Myanmar —
protesting Sunday. Two thou-
sands police officers were
deployed to secure the route.

The 80 torchbearers include
Olympic champion Kelly
Holmes and violinist Vanessa
Mae. Several dropped out to
protest China’s human rights
record — including Richard
Vaughan, Britain’s top bad-
minton player, who said China
was not doing enough to stop



BRITISH POLICE officers jump to
apprehend an anti-China, pro-
Tibet demonstrator as he tried to
interrupt the Olympictorch parade
over Tower Bridge in central Lon-
don, Sunday April 6, 2008. Police
repeatedly scuffled with protest-
ers as Olympians and dignitaries
carried the Olympictorch during a
chaotic relay through snowy Lon-
don on Sunday. Demonstrators
tried to board a relay bus as five-
time Olympic gold medalist rower
Steve Redgrave launched the 31-
mile (50-kilometer) procession at
Wembley Stadium.

violence in the Sudanese region
of Darfur.

British Chinese residents had
hoped for a peaceful torch relay.

“The Olympic games are very
important for all Chinese. In
Chinatown, everyone is very
anxious to see the torch pass,”
London Chinese Community
Center spokeswoman Annie Wu
said before the procession
began. “We hope it goes
smoothly.”

The torch relay is expected to
face demonstrations in Paris,
San Francisco, New Delhi and
possibly elsewhere on its 21-
stop, six-continent tour before
reaching mainland China on
May 4.

Lefteris Pitarakis/AP

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RBC ROYAL BANK OF CANADA
is considering applications for

Bimini Branch

The successful candidate should possess the following
qualifications:
* 10 or more years banking experience

Must have retail banking experience in lending and
operations

Migimum — Bachelor's Degree in Banking or a related
fiel

ey Skills:

Strong Leadership & Management Skills
Problem Account Management
Communication, oral/written
Negotiating/Selling Skills

Relationship Building & Coaching Skills
Good judgment

Effectively manage risk

Computer literacy

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Providing overall management by leading the
establishment and achievement of team sales objectives,

and related activities to achieve a high standard of
customer care, optimal business retention, profitable
growth and productivity ‘

Developing RBC Royal Bank of Canada and community
relationships to capitalize on business opportunities
Providing ongoing coaching and development of staff,
ensuring a high level of employee commitment and '
capability through focused sales/service management | ;
routines

Growing both the business and personal client po
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Balancing the rewards of meeting business objectives

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shareholder by following corporate compliance/ policies

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Bahamas Regional Office
East Hill Street

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THE



STAFF VACANCIES

OFFICE OF ACADEMIC AFFAIRS
Faculty Advertisements 2008

Lecturers in Law (New Providence Campus)

Candidates should have at a least a first degree in Law, with no less than an Upper Second Class
Honours or equivalent. Possession of a postgraduate degree and some experience as a legal practitioner
_ is desirable. The curriculum includes all branches of Common Law and courses pay special attention
to the place of Law in Commonwealth Caribbean jurisdictions. The ideal candidates should be
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School of Sciences and Technology
Mathematics (New Providence Campus & Northern Bahamas Campus)

Candidates must be able to teach Mathematics at introductory through final year levels. The ideal
candidate will have a doctoral degree in the subject area, tertiary-level teaching experience and some
professional experience. However, candidates with at least a Master’s degree in the subject area, a
minimum of five years’ teaching experience at the tertiary level and some professional experience
will be considered.

Assistant Professor - Physics (New Providence Campus )

The successful candidate will demonstrate a strong commitment and the ability to teach undergraduate
Physics or Astronomy courses to science and non-science majors. A Ph.D. in Physics is required.
Candidates with research specialties in the following areas are especially encouraged to apply:
atmospheric and environmental physics, condensed matter physics, computational physics, astrophysics,
physics education-and alternative sources of energy.

Assistant Professor - Pharmaceutical Sciences (New Providence Campus)

Ideal candidates must have at least a PhD in Pharmacy and professional experience, as a pharmacist.
The candidate will be expected to coordinate a new pharmacy programme and to teach content area
as well as professional courses at the Bachelor’s Degree level.



In ALL cases, preference will be given to candidates with strong academic backgrounds, teaching
and research experience.

SCHOOL OF EDUCATION

Assistant Professor — History (Northern Campus) i

Candidate should have a Ph.D. in History Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in History Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.

Candidates will be expected to assist with teaching History courses, assist with supervision of student-
teachers and assist with curriculum development of History education courses/programmes.

Assistant Professor — Religious Education (New Providence Campus)

Candidate should have a Ph.D. in Religious Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in Religious Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.
Candidates will be expected to assist with teaching Religion courses, assist with supervision of
student-teachers and assist with curriculum development of Religious education courses/programmes.

Assistant Professor — Mathematics (New Providence Campus)

Candidate should have a Ph.D. in Mathematics Education with a minimum of 3 years of school
teaching; however, consideration will also be given for persons with a Master’s Degree in History
Education plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in
Education. Candidates will be expected to assist with teaching Mathematics courses, assist with
supervision of student-teachers and assist with curriculum development of Mathematics education
courses/programmes.

Assistant Professor — Physical Education (New Providence Campus)

Candidate should have a Ph.D. in Physical Education with a minimum of 3 years of school teaching;
however, consideration will also be given for persons with a Master’s Degree in Physical Education
plus 5 years of teaching experience along with a Teacher’s Certification or Diploma in Education.
Candidates will be expected to assist with teaching Physical Education courses, assist with supervision
of student-teachers and assist with curriculum development of Physical Education courses/programmes.

Salary Scale For Assistant Professors

Master’s Degree - $39,460 - $61,960
Doctorate Degree - $42,160 - $69,160

LIBRARY AND INSTRUCTIONAL MEDIA SERVICES
Librarians (New Providence Campus)

The positions are in the areas of Public Services and the Law Library and report to the Director,
Main Library and Director, Branch Library Services respectively. The incumbents should be dynamic,
innovative individuals with a strong commitment to service within a diverse community. The Librarians
will demonstrate successful administrative experience in a library, sound understanding of emerging
technologies and the ability to use them within the library setting and commitment to developing a
strong integrated library service within the academic environment.



The duties of each Librarian will include: management of his / her Unit / Branch, leadership in short
and long-range planning to expand and diversify library services, development and promotion of
library resources and services, budget and personnel management, initiation and management of
appropriate emerging technologies, and liaison with relevant internal and external groups.

The Librarians must possess Masters Degrees in Library and Information Science from accredited
institutions, and a minimum of two years post-Masters professional library experience. The position
of Law Librarian also requires that the Librarian be the holder of a law degree. All incumbents will
demonstrate strong communication and interpersonal skills that engender an excellent customer-
friendly environment and professionalism. Evening and weekend reference service (on rotation),
library research, service to the community and library instruction will also be required.
Salary Scale: Master’s Degree —_-- $32,710 - $47,710

To ensure consideration, application materials must be received by April 30, 2008. A complete
application packet consists of:

An application letter

College of The Bahamas’ Application Form

A detailed curriculum vita

Copies of all transcripts (original transcripts required upon employment)
The names and contact information for three references

The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
, Thompson Boulevard & Poinciana Drive
P. O. Box N-4912
Nassau, Bahamas

The College of The Bahamas is the national institution of tertiary general education of The

COLLEGE OF

Visit our website at www.cob.edu.bs



THE TRIBUNE



EDUCATING & I}

Commonwealth of The Bahamas. The institution grants certificates, diplomas, associate degrees,
and a growing number of Bachelor's degrees to nearly 4,000 students located around the Bahamian
archipelago. It has extensive links with tertiary institutions in the Caribbean and North America
and its credits are accepted by more than 200 colleges and universities in those regions and in
Great Britain. It is poised to embark aggressively upon a major expansion of its programme
offerings, its research activities, and its physical facilities, and to incorporate distance teaching
methodologies into its repertoire of strategies for delivering instruction, all with a view to seeking
a charter as a university.

Please visit the College’s website at for more information about the institution and to access
the College’s Employment Application Form.

Applications are invited from suitably qualified individuals for the following position:

1. Director Physical Plant

The College of The Bahamas invites applications for the position of Director Physical Plant. Minimum
qualifications include a Bachelor’s Degree in civil or mechanical engineering and a minimum of ten (10)
years’ professional experience directly related to physical plant management or an equivalent combination
of education, training and experience, with considerable knowledge of physical plant
management, personnel management, safety and budgetary practices. The Director Physical Plant reports
to the COB Estates Administrator.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant at all campuses of The College of The Bahamas,
directing the overall operations of the physical plant, facilities maintenance, supervision of staff and
performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance progr’ “me of campus equipment.

The successful aplicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.

2. Assistant Director- Buildings and Grounds

The College of The Bahamas invites applications for the position of Assistant Director — Buildings and
Grounds. Minimum qualifications include a Bachelor’s Degree in civil engineering and a minimum of
ten (10) years’ professional experience directly related to physical plant management or an equivalent
combination of education, training and experience, knowledge of physical plant management buildings
and grounds, personnel management, safety and budgetary practices.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant buildings and grounds with responsibility for
the trades of mason, carpenter, janitor, painter, caretaker, truck driver, and labors, on all campuses of The

College of The Bahamas assisting with the overall operations of the physical plant, facilities maintenance,
supervision of staff and performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance programme of campus equipment including the vehicle fleet of the college.

The successful applicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.
Position reports to the Director of the Physical Plant.

3. Assistant Director - Utilities

The College of The Bahamas invites applications for the position of Asst Director — Utilities. Minimum
qualifications include a Bachelor’s Degree in mechanical (preferred) or electrical engineering and a
minimum of ten (10) years’ professional experience directly related to physical plant management of
utility systems or an equivalent combination of education, training and experience, with considerable
knowledge of physical plant management, personnel management, safety and budgetary practices.

The successful candidate will be responsible for the management, direction and coordination of the
activities, operations and maintenance of the Physical Plant Utility Systems and the trades of plumbing,
electrician, and air conditioning at all campuses of The College of The Bahamas, assisting with the overall
operations of the physical plant, facilities maintenance, supervision of staff and performance reviews.

Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the campuses; planning and directing the operation and routine
maintenance program of College facilities and to establish preventative, predictive and replacement
maintenance programme of campus equipment. Significant work in the area of energy conservation is
required.

The successful applicant must be able to prioritize and perform under pressure in both a customer
contact and administrative capacity. Outstanding human resource management skills are necessary.

Interested candidates should submit a completed College of The Bahamas Application Form along with
a current resume, three work references and up-to-date transcripts by Friday April 18, 2008 to

The Director, Human Resources
The College of The Bahamas

P. O. Box N-4912
Nassau, Bahamas

Do the math!

The College of The Bahamas and the Ministry of Education, Youth,
Sport & Culture will co-sponsor ,

A National Mathematics Competition

For who? All primary, junior high and senior high students in all
the Family Islands and New Providence

How? In two phases — a written and oral examination
When? April 25, 2008: written examination

May 13-15, 2008: oral competition

Great prizes for the top three finishers in each category!

REGISTRATION DEADLINE IS FRIDAY, APRIL I. Forms are
available at all schools, the Ministry and The College of The Bahamas.

For more information, please call Theresa McPhee or Joan Rolle at
502-2795 or Dr. Brenda Cleare at 302-4400.












Visit our website at www.cob.edu.bs EDUCATING & TRAINING BAHAMIANS



Under the patronage of

His Excellency Arthur D. Hanna

sqehge oneenareenbbeneenetsaeeenenteenettonenneneanernaponeentnebe sine os

Governor General of the Commonwealth of The Bahamas
And in honour of the late P.
Associate Professor, The Bahamas,

The College's School of Co

at the Official Opening of _

Poinciana

THE COLLEGE OF THE BAHAMAS
CENTRE FOR CONTINUING EDUCATION AND EXTENSION SERVICES

PERSONAL DEVELOPMENT - SUMMER SEMESTER 022008
fo [po [ocsonpnon ———frme [pay [starr [oun |e |
DESCRIPTION DAY START FEE
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ACCOUNTING
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ACCAS00 {01 ACCOUNTING FOR BEGINNERS | 8:00pm 5-May | 10 wks












6:00pm-
ACCA902 ACCOUNTING FOR BEGINNERS III 8:00pm Pcsarthuga: | 2eey | ichde es
Fae eke et eg enh eel











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BUSINESS. |) | Pins ce US ey eR ee a ee
9:30am-
CUST900 SUPERIOR CUSTOMER SER. W/S 4:30pm $170
BUSI900 01 CREDIT AND COLLECTIONS | ‘ Thurs 15-May | 8 wks $225
BUSI901 01 CREDIT AND COLLECTIONS || 9:00 m 13-Ma' $250
a ee ie eas a
COMPUTERS |__| Paes ea
6:00pm-
COMP901 01 COMPUTER APPLICATIONS | 9:30pm

10:00am-
COMPUTER APPLICATIONS | 1:30pm

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COMPUTER APPLICATIONS II 9:30pm Thurs
QUICKBOOKS : 9:00pm
PC UPGRADE & REPAIR 8:00pm

9:30am- ‘
MICROSOFT POWERPOINT 4:30pm Thurs 29-Ma

9:30am-
WEB PAGE DESIGN WORKSHOP Thurs
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COMP953
COMP960

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6:00pm- :
COSM802 MAKE UP APPLICATIONS 9:00pm 12-May | 8 wk
2 i |
DECORATING ie | |
6:00pm-
FLOR800 FLORAL DESIGN | 9:00pm Thurs asia
6:00pm-
FLOR801 FLORAL DESIGN 1I 9:00pm Tues 6-May | 10wks_| $250
6:00pm-
DEC0801 NTERIOR DECORATING II 9:00pm rede
' 6:00pm
DECO800 INTERIOR DECORATING | 9:00pm Tues $225
ANIMAL CARE RE | es



ANIM800 01

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DOG GROOMING 9:00pm Tues 13-Ma)
ee Eee
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6:00pm-
EFFECTIVE WRITING SKILLS Tues

6:00pm-
MASSAGE THERAPY ESSENTIALS |__| 9:00pm Thurs
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ENG900

HEALTH AND
FITNESS

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MASSAGE THERAPY ESSENTIALS |_| 9:00pm

9:30am-
BODY WAXING WIS 4:30pm Tues 20-May | 2 days

7:00pm-
AHAMIAN DRUMMING & DANCING _| 9:00pm Tue

MASG901

BWAX900

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DANC900
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DANC902 01 __| LITURGICAL DANCING 44:00am
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MANAGEMENT ip ae
6:00pm-
MGMT900 HUMAN RESOURCE MGMT | 9:30pm Thurs






MGMT901 HUMAN RESOURCE MGMT II

SEWING &
CRAFT

ascmeewocme [ie
SEW800 1 BASIC FREEHAND CUTTING | 9:00pm
SEW805 01 DRAPERY MAKING | 9:00pm Tues
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JEWELRY MAKING 8:00pm Thurs

ENQUIRIES: Contact the Coordinator at Tel: (242) 325-5714 / (242) 328-0093 / 328-1936 / 302-4300 ext. 5202 or email acurry@cob.edu.bs

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All fees are included with the exception of the application fee of $40.00 (one time).
CEES reserve the right to change Tuition, Fees, Course Content, Course Schedule and Course Materials.







: 6:00pm- ' ,





a)

THE TRIBUNE MONDAY, APRIL 7, 2008, PAGE 21

INTERNATIONAL NEWS









Jacquelyn Martin/AP

Pa S & Sake
Le0), > &

Kwame takes part in great ape study

KWAME, AN EIGHT-YEAR-OLD western lowland gorilla, restsiin thexindaor, exhibit at the Smithsonian's -
National Zoo in Washington on Tuesday, April 1, 2008. Kwame-is faking part in a programme studying heart
disease in greatapes.

















OATS AOE. LAAAA_ALA ALAA AANHAAHANAAANAAAATANAATL LATO NNNHANAL ALANNAH ENN



UNIVERSITY OF THE WEST INDIES, THE BAHAMAS
2nd ANNUAL RESEARCH DAY
SCHOOL OF NURSING AUDITORIUM
NASSAU, THE BAHAMAS
FRIDAY, APRIL Lf, 2008
“HEALTH ISSUES IN THE BAHAMAS PUBLIC SECTOR”
8.1Sam — 4.00pm

7.30am Registration (Only Required for CME credits)**
8:15am -10.00am Official Opening Ceremonies

The RBC Royal Bauk of Canada Lectare:
Asbestos Exposure in Hospital Workers
Dr. Henroy Scarlett Lecturer Community Health & Psychiatry University of the West Indies, Jamaica

A Health Profile of Workers in a Major Union in The Bahamas
Mr. Terrance Fountain, Epidemiologist, Bahamas

The Burden of Chronic Non-Communicable Diseases in the Bahamas
Dr, Yitades Gebre. PAHO Health Surveillance and Disease Management Advisor

10:00am - 10:30am Coffee Break and Visit Exhibits

10:30am - 12:00pm The Impact of Oceupational Injuries in The Bahamas
Dr, Kevin Bowe, Medical Director, National Insarance Board

Disparity in Health Care - The Value of Population Based Researeh
Dr. Rosebud Foster, Professor of Public Health, Nova Southeasiors University, Florida

A Healthy Lifestyle Initiative at the Public Hospitals Authority
Dr, P. Conliffe Resident Family Practice, Dr, Glen Beneby, Rhoda Bullard, Lisa Hall -Riekets

Dr. Vim Barrett Associate Lecturer UWE Consultant Psychiatry

Knowledge, Attitude, Behavior and Practices of Advance Directive Use in the Jehovah's Witness
Population in The Bahamas
Dr, Hanma-Mahase Dr. Pim Barrett, Associate Lecturer UWE Consultant Family Practice

12.1Spm- 1.00pm Brown Bag Lunch & Visit Exhibits

1:00pm 2:30pm Risk Factors of Cardiovascular Events in the Bahamian Population

Danielle Strachan & Hestord Brooks ~ Medical Stadents, Dr, Sebastian Peter UWE

The Unhealthy Caribbean Lifestyles: Can Current Health Intervention Strategies Change ‘Things’?
Protessoy Henry Fraser Dean, Sehool of Clinical Medicine & Research UWL, Barbados

Drag Use Survey of Juvenile Offenders at the Simpson Penn Centre for Boys and the Willie Mae Pratt
Ceutre for Girls in Nassau, Bahamas
Ms Denotrah Archer Medical Student UWI

Needle Stick Injuries at the PMH
Dr. Dorsette- Williams’ Nurse D. Thompson Employee Health Princess Margaret Hospital

Absenteeism in the Workplace in the Public Sector ~ Is This a Public Health Eysue?
Dr, Robin Roberts Associate Lecturer UWE Consultant Surgery

\ 2.30pm = 4.00pm Exhibits on display and demonstrations by CWECHEM *N.BONo Registration Fees

re

For Further Information: Contact Ms. Peart Hollingsworth at 325-2320 or 322-2862 Ext, 2735

Ce

SUERTE TM ANNIVERSARY

|
;
|
;
Consultation ~ Liaison Psychiatry in the Princess Margaret Hospital
'
| PAGE 22, MONDAY, APRIL 7, 2008 THE TRIBUNE

I DONT CARE ABOUT ISSUES#:-

I'VE. GOT BETTER THINGS TO |

Do THAN ARGUE WITH EVERY

WRONG-HEADED CRACKPOT |,

WITH AN IGNORANT OPINION ! |)
TM A BUSY MAN!

HELP ME THINK OF AN
ISSUE TO DEBATE FOR

STEVE, IT'6 THIS DUMB PAPER.
SAM PRIVER.--
LT HEAR YOU’/RE
LOOKING FOR
AN OFFICE!

WELL, WHAT ISSUES
Do YOU CARE ABOUT?

USEP TO
WORKING
N WITH THE

I SAY, EITHER AGREE WITH
ME OR TAKE A HIKE?
IM RIGHT, PERIOD!

END OF DISCUSSION /

‘“T SUPPOSE ITS A LITTLE LATE

yu IF HE THINKS ]
d{ I'M GOING TO
FORGET ABOUT IT
IN THE MORNING, «
HE'S ALREADY
DREAMING















NOW MY MITTEN
1S FROZEN TO
MY FACE




| EVEN THOUGH I'M
FROZEN. STUCK IN A

DEEP SNOWDRIFT, SUCKING
MY THUMB KEEPS. ME

THERE'S ONLY
ONE LITTLE
PROBLEM



















FROM PANICKING , O AHUK
O THVC oO THULK ”
HUCK

(a0 ty ere Armee Dyeicata. Ie Ward Nerea reserved

© The
NEVER-ENDING
REALITY GOW



| CRYPTIC PUZZLE =

DOWN

4. ACROSS
4 — Strong enough to be in the 1 See the Socialists divided (5)
2 Sore-headed desire to rush

top ten (6)
To be praised as worthy of forward (5)
Hypocrisy? There’s no such word! (4)

nobility? (8) 3
Vast treeless area, in fact 4 Floral ring round the head
undrained (6)
10 Fruit at height is a struggle 5
to get (5) 6
3 Passto an assistant (4) 9
‘14 Ofthe Ash family? (4).
15 Being slow is hardly interesting (4) N
16 Hear this and it’s only a rumour (3) 2
B
5
16
18
20
21
: 27 Think —use sense! (4) 22
29 It'sodd for a secondary roadtolead | 23
to Birmingham! (4) 5

~

co

Ease the burden on anald’un
moving out of central Streatham (6)
Mirabel’s fellow (no, not Abe) (3)
He’s tough, hard-headed and
possibly mean (2,3)

Comparatively low rumble, perhaps,
at Hatch End (7)

of the table (5)

Be inclined to do a nursing job (4)
17. Mummy-I'm badly hurt! (4)
19 Love for a comrade can be a

Just ordinary little boys (6)
beautiful thing (4)

21 Formal greetings to the directors, Passed up again (3)
without real substance (9) Sorry to have to dash
23 Turnout to be an undersized breathlessly back (3)
specimen (4) Clever to correct the fault +
24 Figure to perform at a bathing “outright! (6) E : ACROSS
resort (4) Search for a soft garment (5) : 4 Bear (6):
26 Placed in a mousetrap (3) One’s share of bloodshed? (3) : na
What the poilu had on his hair? (3) ange (6)
Go back to bed (6) 10 Conceited (5)
Manage to get a ladder (3) aa 13 Sluggish (4)
32 Turnup witha growl, sounding 28 Standing soldierly before N . ae (4)
catty? (4) the court (5) > 15 Prophet (4)
33 The way some wine can flow as 30 Nickname for a chap with groin a 16 Devoured (3)
water! (5) trouble? (5) > Yara (a)
34 The last thing to call grand? (6) 31 Intended one to enter the force (5) w~ : i oy
35 As worn in Wales? (8) 32 As paid by dad for the half year? (4) = : 23 ina) ~
_ 36 Modern redeveloped centre (6) 33 Team|had in the southeast (4) - 24 English
a te ee ie i river (4)
Te ee A i 26 Knowledge (3)
; as — fee 27 Medicine (4)
Yesterday's cryptic solutions = Yesterday's easy solutions ; 29 Sail
4 ACROSS: 1, Froth 6, Melba 9, Red me-at 10, Straw I1, Not on | ACROSS: 1, Amber 6, Rouse 9, Voyager 10, Knead 11, Femur support (4)
12, A-swan 13, Sitcoms 15, H-em 17, Knee 18, Verona 19, 12, Bogus 13, Foreman 15, Mob 17, Arid 18, Mature 19 Lapel 32 OD 4
Blair 20, Mu-dd-le 22, Tie 24, Sly 25, Charter 26, Cathy 27, | 20, Animal 22, Same 24, Lad 25, Camelot 26, Atoll ny, regs (4)
Sabot 28, Offer 29, Decibel 30, Newer 31, Realm Dunce 28, Rayon 29, Habitat 30, Repel 31, Meter ; = pews (5)
DOWN: 2, Retain 3, Tra-n-ce 4, Hew 5, Ami-ss 6, MA-nager | DOWN: 2, Mentor 3, Evaded 4, Rod 5, Talon 6, Refusal 7 ee eeren)
7, Eton 8, Br-OK-en 12, Amble 13, Skims 14, Teddy 15, Hop it | Ores 8, Stupor 12, Banal 13, Fatal 14, Rigid 15, Mural 16, 35 _Lenient (8)
16, Mater 18, Vichy 19, Bloater 21, Ullage 22, Trifle 23, Beret 18, Metal 19, Lacteal 21, Nature 22, Sedate 23, 36 Against (6)

J Reveal 25, Chain 26, C-O-DE 28, O’er Morose 25, Claim 26, Ache 28, Ram

wo



To SAY “MAKE YOURSELF AT HOME.” _

Vanishing Act

South dealer.
North-South vulnerable.
NORTH
@AJ83 °
VÂ¥A62
@K4
PAK72
WEST
@KQ10965
Â¥Q1098
38
3

EAST
#742
VKI54
95
QI85

SOUTH
Â¥73
AQ107632
#10964
The bidding:
South West North East
3¢ 34 6¢ All Pass
Opening lead — three of clubs.
This hand was played by Lorenzo
Lauria, one of Italy’s top experts. It
features a type of play seldom seen in
practice but very useful when the
night occasion comes along.

Lauria got to six diamonds as
shown, and West led the club three.
On the bidding, the club lead had all
the earmarks of a singleton. Faced
with this situation, Lauria realized
that while he could dispose of his
heart loser on dummy’s ace of
spades, he would still have two club



——_—..

a
Target
words In

OE =
(LT | Ale

the main
N Chambers
21st
Century
Dictionary
(1999
HOW many words of four
letters or more can you make
from the letters shown here? In
making a word, each letter may
be used once only. Each must
contain the centre letter and
there must be at least one
_nine-letter word. No plurals.
TODAY'S TARGET
Good 15; very good 22;
excellent 29 (or more).
Solution tomorrow.

nm
a

8
o

DOWN

Sneaked (5)
Depression (5)
Keen (4)
Shawl (5)
Went by
plane (4)

6 Performs (6)
9 — Absorbent (6)
1 Colour (3) i
12 Shoe part (5)
13 Grave (7)

15 Be seated (3)
16 _ Beer (3).

B Stage
whispers (6)
Things (5)
Lair (3)
Yank (3)
Scan (6)
Employ (3)
Relaxes (5)
Book of
maps (5)
Hackneyed (5)
Fewer (4)
Terminated (4)

usawWwWnNn—

Beno oe

www

TARGET

2



a if the suit actually was divided
-1.

But Lauria has been around a long
time, and he had no great difficulty
figuring out how to reduce his two
natural club losers to one. After win-
ning the club lead with the king, he
cashed the ace of spades, discarding
a heart from his hand, miffed a spade,
played a trump to the king and mffed
another spade. He then cashed the A-
Q of trumps, producing this position:

North
VA62
&A72
West
#KQ
Â¥Q1098
South

v7
#107
#1096

Lauria next led the trump ten,
discarding a heart from dummy.
East, who could not afford to part
with a club, was forced to discard a
heart. Lauria thereupon led a heart to
the ace and ruffed a heart, exhausting
East of hearts and reducing all hands
to three cards.

The club ten was then led and
ducked to East, who had no choice
but to retum a club, handing South
the contract.

East
WVKIS5
£Q]8

Picot

och pooh potto

k took toot tooth
TOOTHPICK topi topic

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>
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8
°
a
~
°
°
a
a

'S SOLUTION
tic photic photo

cook coop coot hock
oco p

hoo;

YESTERDAY
phop
hoo.
optic o
ck p
cc.

bo



om coe

—_—————__ -

3

astronomy

the study of
matter outside

the Earth's

atmosphere



Sometimes a winning move can

look very simple in hindsight, but
can be visually or psychologically,
difficult to find over the board.
Today's puzzle is from Sergei
Fedorchuk v Rainer Buhmann,
junior world championship 1999, a
pairing between two players who 5
were then unknowns but who later |
both became grandmasters. White
has queen and rooks tripled on the 3
open el-e8 line, so is in control, but
material is level and Black's
defensive formation seems solid if!
a tad passive. When | examined
the position | looked hard at
sacrifices like 1 Bg6 (countered by
Nf6), 1 Qe6 (Black ignores the
queen and doesn't fall for fxe6? 2
Nxe6+ and 3 Nxc7) or even the
flamboyant 1 Qe8+? (unsound)
before finally stumbling on the



‘MONDAY, »

APR 7 |

AQUARIUS - Jan 21/Feb 18

It looks like you’ve got a case of
spring fever, Aquarius. After so
many cold weeks, you deserve a little

' play time. Enjoy!

PISCES — Feb 19/March 20
There’s a song in your heart this
week, Pisces. Could you be in love?
It’s about time someone noticed you
for the brilliant-and sensitive lover
you are.

ARIES — March 21/April 20
Don’t let the green-eyed monster grab
hold of you this week, Aries. A col-
league’s successes are well-earned.
Your tum will come soon enough.
Sagittarius plays a role in romance.
TAURUS ~ April 21/May 21
You may feel like a king, but don’t
forget that you're carrying a pauper’s
purse. Think twice before you spend
money this week — soon, it won't
seem So easy to come by.

GEMINI — May 22/June 21
Doubts about a new romance have
your head spinning, Gemini, but
don’t do anything rash. After all, you
have a tendency to rush things. Relax,
and take this one step at a time.

CANCER = June 22/July 22
Friends and coworkers will call on
you for help this week, Cancer.
Though it may seem overwhelming,
your nurturing nature won’t let you
say no. Good — they need you.

LEO - July 23/August 23
You feel like celebrating this week,
Leo. Go ahead and enjoy yourself.
Others will be drawn to your irre-
sistible energy. Step lively to avoid
office quagmires on Thursday.

VIRGO — Aug 24/Sept 22
You're not feeling particularly
sociable, Virgo, but it’s important
that you make yourself go out this
week. Take a friend along if it'll
make you feel better about it.

‘LIBRA — Sept 23/Oct 23

This will be a long work week. By
Friday, you'll be climbing the walls if
you don’t bum off some of that ner-
vous energy. Romance awaits in the
Great Outdoors.

SCORPIO — Oct 24/Nov 22

A loved one’s illness has you on
edge, but that’s no excuse for your
recent behavior. Work out your frus-
trations in the gym, not on friends
and business associates.

SAGITTARIUS — Nov 23/Dec 21
This might be a good time to stay .
home and enjoy a little solitude. Read
a book, take in a movie — do what-
ever it takes to nurture your sense that
you are special.

CAPRICORN - Dec 22/Jan 20
It’s not your job to make it right,
Capricom, and if you insist on trying,
you'll not only fail, but be miserable
in the process. Find a creative outlet
to express your love to another.

CHESS by Leonard Barden

correct idea. Future GM Fedorchuk,
however, spotted it quickly and his
opponent immediately conceded
defeat. Can you find White's winner
and why it is so crushing?

LEONARD BARDEN

Chess 8584: 1 Qf4! Resigns. If Qxfa (else 2 Qxc7 or 2

Ne6+ wins) 2 Re8+! Rxe8 3 Nd7 mate.
TRIBUNE



MONDAY EVENING APRIL 7, 2008

| 7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30

NETWORK CHANNELS

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| HBO-W (00 YEAR Hitchcock, Parker Posey, The fur flies at a prestigious re Guest. Awards buzz surrounds the star of a horri-
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| MOMAX |Goldbium, Geena Davis, John Getz. Scientist's mole- |Amanda Bynes, James Kirk, Channing Tatum. A stu- aries "Chorus
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* & & GOD SAID, HA! (1998, Comedy) Julia



















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NER 'R’ heads at a coed dormitory. 0 ‘R’ (CC) taining a stolen jewel. 1 ‘R’ (CC)



MONDAY, APRIL 7, 2008, PAGE 23

MEAD MANS “CHEST 4

Let Charlie the 2
Bahamian Puppet and ly
his sidekick Derek put 2»

some smiles on your
kids’s faces.



Bring your children to the
McHappy Hour at McDonald's in
Malborough Street every Thursday
from 3:30pm to 4:30pm during the
month of April 9008.



Enjoy Great Food, Prizes and Lots of Fun.

(T)

i'm lovin’ it
PAGE 24, MONDAY, APRIL 7, 2008 | THE TRIBUNE

a

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| Store Hours: Mon to Set: am-9 pom, except tyfond Cay 7 am- 8pm , Sun: 7 am- Noon all stores, except Lucaya open until 2 pm
| ‘and Harbour Bay & Cable Beach open unt 5 pe |
fi Advertised products may differ from the photos shown. Some product availability may differ for Grand Bahama





RE BPE


Ree e:

MONDAY,

“APRIL. sy

PEP Yo CN Ta

2008

epeeye Tey





Confidence For Life

Desperate job seehisies queue outside Albany

@ By NEIL HARTNELL
Tribune Business Editor

etween 50-60 desperate

job seekers queued out-

side Albany House every

morning last week to seek
work on the $1.3 billion project, the
developers told The Tribune, provid-
ing further evidence of what one lead-
ing contractor said was an “absolute-
ly desperate” situation for Bahami-
an construction companies and work-
ers.

Christopher Anand, the Albany
Golf & Beach Resort’s managing
partner, said those queuing outside
Albany House, which lies behind the
long pink wall on South-West Bay

Stamp Tax dispute may Colinalmperial head predicts

block BORCO purchase return to 2006 profitability

* Developers say 50-60 lined up outside Albany House every day from 6.30am to look for work last week

* Albany construction now likely to require 1200-1500 workers at Phase I peak, and 3,000-3,500 at Phase II peak,
* Leading construction company ‘inundated’ with work and job applications”

* Executive describes Bahamian construction as being in ‘absolutely desperate’ state
* UBS and British Colonial Hilton contracts out to bid

Street, were a “little early”, as the
565-acre development was now only
just gearing up for full Phase I con-
struction. Subdivision approval for
that phase was received from the
Government last week.

“We've had, early in the morning,
lines of 50-60 people looking for work
at Albany, just as we’re beginning to

crank up,” Mr Anand said.

“They’ve been doing it all week,
from 6.30am to 7am in the morning.
It’s been a little difficult to deal with,
as they’re a little bit early [in terms of
the project start].”

Apart from construction industry
professionals and tradesmen, Mr
Anand said IT workers had been

among those queuing for work.
He added that the Albany devel-

- Opers were now sorting out “the first

four or five scopes of work” following
last week’s subdivision approval, and
one positive for the Bahamian con-
struction industry was that the devel-
opment’s tight deadlines meant more
workers were needed than originally

' projected.

“An awful lot of money gets spent
pretty quickly,” Mr Anand said. “I
never quite realized how many people
we would be hiring.”

He told The Tribune that during

SEE page 7B

@ By NEIL HARTNELL Bu 0 give 209
Tribune Business Editor me lans to give 0%
————— __ stake and operator rights
©. H- OE ;

Bahiainas Oil to Dutch company, with

Refining company renamed Vopak

Company :

Internation- Terminal Bahamas

al’s (BOR-

CO) multi- ernment and BORCO had yet

million dollar to reconcile their position on

purchase will
not receive
governmental
approval
unless it is able to reach agree-
ment on the amount of Stamp
Tax the transaction will gen-
~ erate, a minister indicated to
The Tribune.

Zhivargo Laing, minister of
state for finance, confirmed to
this newspaper that the Gov-



the amount of Stamp Tax that
was payable on the transac-
tion.

“There is a point of view that
the BORCO people have
about what is payable, and
there is a point of view the
Government has about what
is payable. That is where the

SEE page 9B

Insurer acquires
30 per cent stake
in Walk-In Clinics

@ By NEIL HARTNELL
Tribune Business Editor

- A BAHAMIAN insurer has
acquired a 30 per cent stake in
the company that owns two
New Providence-based Walk-
In Clinics, aiming to use the
facilities as a ‘one-stop shop’
for performing all blood tests,

x-rays and diagnoses necessary ©

for writing life and health

insurance premiums.
ColinaIlmperial Insurance

Company, which is owned by

* Colinalmperial
obtains licence for
Florida expansion

* Targets 80% life
insurance retention
benchmark |

*In full compliance
with ‘21 conditions’

SEE page 6B

Freeport Concrete
warns on Q2 loss

@ By NEIL HARTNELL
Tribune Business Editor

FREEPORT Concrete’s
directors have warned that the
company will report a second
quarter 2008 loss, with sales at
its Home Centre and concrete
plant subsidiaries down 5 per
cent and 16 per cent respec-
tively due to a “stagnant”
Grand Bahama economy.

Writing in the company’s
annual report for fiscal 2007,
the directors warned that the
“full effects” from the eco-
nomic downturn were felt by
Freeport Concrete in the three
months to February 29, 2008.

Coupled with the $74,000



Home Centre ‘and ©
concrete sales down 5%
and 16% respectively

first quarter loss, and predic-
tions-of further struggles in the
third quarter, and the compa-
ny’s shareholders are unlikely
to have a warm feeling as they
approach the April 25, 2008,
annual general meeting
(AGM).

The directors said: “The full
effects of the significant slow-
down in the Grand Bahama
economy have been felt by our

SEE page 8B

@ By NEIL HARTNELL
Tribune Business Editor

COLINAImperial Insurance
Company’s president said he
“would be surprised” if the
Bahamian life and health
insurer did not return to 2006
profitability levels this finan-
cial year, with the company’s
premium levels set to increase
by between $13-$15 million
from the repricing of individual
medical policies and greater

. efficiency on the group medical

side.

Monty Braithwaite said the
initiatives taken to address the
loss Colinalmperial incurred
on its health insurance busi-

ness, which accounts for about



Hts CL eryiting a small ¢

TOSHIBA °

Don't copy. Lead.

THE DAVIS FAMILY

Confidence For Life

KS ColinalImperial.

* Life and health insurer’s revenues to rise $13-
$15m from individual medical conversion

* 80 per cent of health policyholders stay
despite premium increase

* Group medical policies reduced from 17
to three, with new administration system
to reduce costs, boost efficiency

50 per cent of the company’s
$147.783 million in premium
revenues, during 2007 were
likely to increase premium rev-
enues by $13-$15 million in the
12 months to December 31,
2008.

Michelle Fields, the Coli-



nalmperial vice-president who
has now taken “frontline
responsibility” for the compa-
ny’s health insurance business,
told an analysts’ meeting:

SEE page 4B

Exuma -Abaco Freeport °

One family with many needs. For
a solid financial foundation and
customized advice, their choice is

Colinalmperial.



242.356.8300
Info@Colinalmperial.com

www.micronet.bs

ra

Sponsored by gM
es

at Se Vi %

Drive a Honda Fit and get up to
40 miles per gallon



Cayman

















Micronet

BUSINESS TECHNOLOGY
Providing Technology That Works
56 Madeira St. « Palmdale

62) 328-3040 ¢ Fax (242) 328-3043
PAGE 2B, MONDAY, APRIL 7, 2008 THE TRIBUNE

FirstCaribbean International Bank (Bahamas) Limited
Gives Away

{
|
|

Ged FinstCanissean ig MRCH 2008
GEE ERERE. REHGE RHER,

Rag Ba the
Qreeiize ok

EPBU 20000.00
ee TEA WERT)


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‘fhe aah denier any, \ Aor
Dvd Gueeniasenes Pte tnt Maa (wk meri do Whe AAI, Aso eh ‘a 5 dagmatuee Mf
yt
/

Pictured | to r, are: Associate Director Retail, Gezel Farrington; Harbour Bay Branch Manager, Paul Bartlett; Ms. Keva
Mae Hepburn, $20,000 winner; Retail Director, Anna DeGregory; and Consumer Finance Manager, Marvin Major.

3 Ms. Keva Mae Hepburn is the grand prize winner of $20,000 in cash in |
_ .. FirstCaribbean International Bank’s recently concluded.
“Save a Little and Win A Lot” Deposit Campaign. — ,

= FIRSTCARIBBEAN

INTERNATIONAL BANK.
GET THERE. TOGETHER.

Public Utilities Commission

JOB OPPORTUNITY

The Public Utilities Commission (PUC) has been established by statute
for the regulation of the telecommunications, electricity and water and
sewerage sectors in The Bahamas.

The PUC is seeking a utility regulatory professional with training and
experience, particularly in the field of telecommunications regulation,
to fill the position of Executive Director.

The Executive Director is the Chief Executive Officer of the Commission
reporting to the Chairman, and is responsible for the day-to-day
administration of the affairs of the Commission and for ensuring that
the Commission is provided with high quality technical advice and
guidance in the execution of its functions.

The successful candidate will be required to provide leadership and

management direction to the PUC. The candidate will also be a high- .

a ee Congratulations to Ms. Gladys Johnson

orn pereaper ae hg cena Winner ofthe British American “ary Bird” Customer
| iad ail ip FOU ee al best practices. This post will Anpreciation Campaign for February.

The successful applicant will have a Master’s Degree or Professional

Certification in Economics, Management, Law or Engineering and is (L-R) Allan Ferguson - Sales Manager, Blue Hills; Wendell

expected to have had ten (10) years practice as a trained regulator. Smith > Assistant Vice President, Sales & Develapment;
Joyanne Pageet - Branch Manager Blue bills; Margo

The PUC offers a very attractive remuneration and benefits package Evans — Agent, Blue bills; Gladys Johnson (seated) - Early

together with a pleasant working environment. Further information about Bird Winner - February : :

the PUC can be obtained from the website: www.PUCBahamas.gov.bs

Interested applicants may deliver resumes to:

Executive Director, Public Utilities Commission ah
4m Terrace East, Collins Avenue 3 ‘ ritish
Fax No. (242) 323-7288 242-461-1000 | www.babfinancial.com :
E-mail: PUC@pucbahamas,gov.bs Freeport 242-352-7209 Exuma 242-396-3035 Abaco 242-367-5601 ww © mer ican
‘ Pin AN CHEHAL
Applications should be received by 18 April, 2008. Only applicants who ;, ,
have been short-listed will be contacted.


THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 3B





Haiti can be
region’s China

@ By CARA BRENNEN-
BETHEL
Tribune Business

Reporter
WITH a labour pool in the

millions, Haiti has the potential ..,

to be the China of the region,
an economist and advisor to
its president told Bahamian
business persons during a talk
on the island’s investment
potential.

Charles Clermont said that
although still experiencing its
challenges, Haiti was open for
business and in desperate need
of foreign direct investment if
it was to rebuild itself, turn the
economy around and keep its
citizens at home.

He added that Haiti was
experiencing much more eco-
nomic and political stability
than it had in recent years.

Television

“What you see on television
and read in the press, of the
dire conditions of the country,
is not the sole Haiti. People
need to understand that there
are great opportunities for





from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for.a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986
and share.your Stony:



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regulations.




Share your news

The Tribune wants to hear

SPECIFIC KNOWLEDGE REQUIRED

* Sound knowledge of Contract Administration.

improving the business climate.
We are opening for business -
not fully open, but opening,”
Mr Clermont said.

Population

In particular, he added that
because Haiti has a population
more than eight million-strong,
there was a tremendous mar-
ket for employing persons in
the services and manufactur-
ing fields.

Mr Clermont said that as a
developing nation, the coun-
try benefits from certain inter-
national breaks that lower the
cost of doing business.

In addition to a potentially
lucrative agriculture market in

particular crops, such as man- ,

goes and peppers, Haiti also
held possibilities when it came
to the manufacturing of uni-
forms and other garments.

“We have the potential to
be the China of the region,”
Mr Clermont said. He added
that Haiti could possibly serve
as a transshipment point to the
Bahamas and other countries
in the region.

Mr Clermont said the suc-















NOTICE OF VACANCY

A vacancy exists at The Grand Bahama Development Company Limited for one
(1) Projects Manager. This position reports to the Vice President of Development.

The successful candidate will be required to provide technical support and
guidance in the areas of super-structural and infrastructural developments and
rehabilitation works as necessary; perform condition survey on Company buildings
and infrastructure (including roadways) throughout the Lucaya areas when
required; plan, implement, and manage civil engineering capital works projects
undertaken by the.Company.

QUALIFICATIONS AND EXPERIENCE
BSc. in Building, Structural or Civil Engineering - Postgraduate studies a

Minimum of five (5) years relevant engineering experience
- Minimum of three (3) years relevant supervisory experience
Professional registration a plus

Sound knowledge in road design and rehabilitation.

* Sound knowledge of construction techniques and safety parameters.

* Sound knowledge of engineering design techniques and the governing code
required in achieving internationally accepted standards.

* Working knowledge of Contract Law.

* Sound knowledge of established construction practices and related statutory

REQUIRED SKILLS AND SPECIALIZED TECHNNIQUES

Competence in the application of project management techniques

cess of Digicel, which provides
cellular phone services in Haiti,
proves that business on the
island can.be lucrative. That
company has shattered its pro-
jections for demand.

Digicel has.invested more
than $300 million into the
island and been successful,
which shows, Mr Clermont
said, that investing in the coun-
try can pay off. He added that
many foreign and reputable
companies are backing Hait-
ian investment, such as
Citibank which is providing
between $30-35 million as a
partner in the island’s energy
company.

Capacity

Mr Clermont said that while
the Haitian government is
working to build capacity, it
will need the help of private
sector investments.

He added that while Hait-
ian business persons are typi-
cally used to working with
European and US investors,
they would welcome opportu-
nities presented by Bahami-
ans.

PH ey
LL St

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Emre)



PARADISE ISLAND
BAHAMAS

1 Paradise Island Drive
Paradise Island, Bahamas

Bahamas National

Trust Annual

General

Meeting

Thursday, April 10, 2008

at

6:30pm
at the
Retreat, Village Road

All members
and interested persons
are invited to attend

Our guest speaker will be

os Ww 5 os

Good coordinating skills.

Good human relations skills.
Ability to communicate effectively.
Computer literacy as evidenced by full working knowledge of Microsoft
Word, Excel, Auto Cad and Microsoft Projects.

Hon. Earl Deveaux,
Minister of Works










Résumés with supporting d entation etuald te subinitted ta: Cocktail reception immediately following the meeting.

The Personnel Department
The Grand Bahama Development Company Limited
P.O. Box F-42666
Freeport, Grand Bahama
BAHAMAS
Or
Email: personnel@gbpa.com
On or before April 28, 2008.











PAGE 4B, MONDAY, APRIL 7, 2008

RRS SS STS a Ne MS 2

Colinalmperial head predicts return

FROM page 1B

“Towards the end of last year,
we underwent a repricing of
our individual medical portfo-
lio, which had not seen a pre-

mium increase since 2004.”
This had involved a phasing
out of former Global
(Bahamas) individual medical
insurance policies that had not

2004, and their conversion to
Colinalmperial’s higher-yield-
ing Shape A, B, C policies,
which generate higher annual
premiums:

“We expect to see some

seen a premium increase in

VACANCY FOR THE POSITION OF:

(ASSISTANT FINANCIAL CONTROLLER
MAJOR COMMERCIAL BANK

Core responsibilities:

Support the Financial Controller in the day to day
management of the Bank’s financial accounting and
reporting functions.

Assist in the management of the budget preparation
process. .

Assist with the preparation of Month-end and Quarterly
financial and managerial reports.

Preparation and submission of regulatory reports.
Assist with development and implementation of
institution wide financial and internal controls.
Provide support to facilitate compliance with Accounting
standards.

Knowledge, Skills and Abilities:

Ability to operate in a fast moving and dynamic

environment.

Accounting designation (ACCA, CPA, CGA or related

designation).

Highly developed analytical and financial management

skills.

Excellent team working abilities.

Proven skills in managing a small team.

Strong communication skills.

Time management and organizational skills.

omiepe tM Lol pfeyeb eve

Benefits include: Competitiv salary commensurate with
experience and qualiff@etionsW@Houp Medical (includes
dental and vision) and Life Insurance; Pension Scheme.

Interested persons should apply no later than April 25th,
2008 to:

The Tribune
P.O. Box N-3207
DA #62993A
Nassau, Bahamas



BAHAMAS NATIONAL TRUST

Enviromental Education Officer and
Community Liasaon: Black Point, Exuma

The Bahamas National Trust is seeking a qualified Education
Officer for posting at Black Point Community Library on a three
year contractual basis.

Primary Tasks:

- Develop environmental education programmes for students
of Black Point School and work with classroom teachers to
integrate them into science or social studies curriculum.

- Manage the Black Point Community Computer Center
and Library

- Teach basic computer skills to both students and adults

- Prepare scheme of work and weekly lesson. notes for
teaching units

- Prepare quarterly reports that provide an overview of program
activities with sample materials used.

- Provide and plan activities that provide students with skills
and knowledge to make them effective stewards of the Black
Point community and the Exuma Cays Land and Sea Park

Primary Skills Required:

- Computer literate (Word Processing, Internet technology and
communications)

- Bachelors degree or greater in biology/combined science,
history/geography, general studies or related fields.

- Proven writing and interpersonal communications skills

- Demonstrated ability to organize time, manage diverse activities,
meet deadlines

- Commitment to natural resource conservation in The Bahamas

- Positive attitude

To apply for the position, send cover letter, resume, three references
including telephone numbers and email address to:
(bnt@bnt.bs)
or
P.O. Box N 4105, Nassau, Bahamas
by April 30, 2008.

2)
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increase in premium revenues
because of that, and hope the
claims experience [in 2008] will
not increase more than medical
inflation,” Mrs Fields said.

Mr Braithwaite added that
so far 80 per cent of the former
Global (Bahamas) policyhold-
ers had so far converted to the
higher-premium A, B, C poli-
cies, saying: “That indicates to
us that if these people went
shopping, all things being
equal, the premium prices are
competitive. Eighty per cent is
very healthy. Individual med-
ical sales year-to-date are
ahead of last year, despite the
conversion and premium rate
increase.

“T would be surprised [this]
year if top-line revenues did
not grow by $13-$15 mil-
lion....... I would be surprised,
all things being equal, if we did
not return to 2006 profitability
levels.”

Colinalmperial, whose Coli-
na Holdings (Bahamas) par-
ent is listed on BISX, saw prof-
its drop by 44 per cent in 2007
to $4.366 million, compared to
$7.843 million in 2007, largely
due to volatility with its health
insurance business.

The increase in medical
claims and payouts saw gross
policyholder benefits increase
by more than $10 million, or
8.9 per cent, to $110.24 million
from $101.193 million in 2007,
With reinsurance recoveries
dropping by over $3 million to
$7.205 million, net policyhold-
er benefits paid out by Coli-

nalmperial rose by 13.7 per
cent to $103.035 million, com-
pared to $90.61 million the
year before, and almost $13
million rise.

With the individual medical
insurance policy repricing hav-
ing completed by end-March
2008, Colinalmperial will this
year enjoy nine months of
additional premium income
from those policies, and three-
four months of benefits from a
new administration platform
and consolidation of its group
health business.

The 2008 third quarter has
been targeted as the imple-
mentation date for Colinalm-
perial’s medical insurance soft-
ware and administration sys-
tem. Mrs Fields said that cou-
pled with the cost savings and
efficiency gains resulting from
this, and the consolidation of
the company’s 17 group health
plans into three as clients
renew over the next 12
months, the increase in premi-
um revenue on the individual
side would counterbalance ris-
ing claims and medical costs.

She said: “We are consoli-
dating our group medical port-
folio. With all the acquisitions,
we had about 17 group medical
plans we were actively selling.
We are in the process of final-
izing a suite of new group plans
that will roll-out over the next
12 months as groups renew.
That should coincide with the
new administrative system.”

ColinaImperial’s health
insurance portfolio was prof-

Office of the Attorney General and
Ministry of Legal Affairs

NOTICE

The Public is adVised that the deadline for receipt of

applications... for... the

following advertised

vacancies inthe Office of the Attorney General is the

18th April 2008

Deputy Director of Public Prosecutions
(Criminal Division)

Assistant Director of Legal Affairs
(Criminal Division)

Chief Counsel

Senior Counsel



THE TRIBUNE

itable in 2005, but produced
losses in both 2006 and 2007,
the bigger of which was in the
latter year.

Mr Braithwaite pointed out
that 40 per cent of medical
claims costs originated outside
the Bahamas, with clients
going for operations and treat-
ments in the US. He added
that with the costs of medical
treatment rising by on average
8-12 per cent per annum, Col-
inalmperial was no different
in having to face a situation
experienced by life and health
insurers across the globe,
namely that these costs were
rising faster than inflation.

Mr Braithwaite said that in
many cases, health insurance
functioned almost as a ‘loss
leader’, with successful insur-
ance companies getting at best
only a 3-5 per cent return to
their bottom line. Yet health
insurance was particularly use-
ful when bundled with other
insurance products, particular-
ly in attracting clients to take
out the more profitable life
insurance policies.

ColinaImperial’s new health
insurance administration sys-
tem would enable the company
to manage the claims experi-
ence, develop peer groups and
better detect patient and ,
provider fraud. Mr Braithwaite
said the consolidation from 17
group medical plans into one
would also help.

On the latter issue, Mr
Braithwaite said that while he
did not want to put a dollar
figure on how much this cost
ColinaImperial Insurance
annually: “I’m sure it costs
quite a bit.

“Tt’s a source of concern for
the Board of Directors. We
have a robust claims audit. The
lady in charge, between 5-7pm
every day, spends time to
review claims. We’ve had US
healthcare providers into
review claims.

“We have never given the
health bloc of business as much
attention and resources as we
have in the last couple of
months. We’re going to get the
results, I’m sure. The next big
hurdle for us is to.take all the
health business on to a new
platform.”

INSIGHT

For the stories
behind the news,
read Insight
on Mondays

VACANCY NOTICE

Excellent opportunities for career advancement exist in the Legal Department
of The Grand Bahama Port Authority Limited & Group of Companies.
Qualified applicants are invited to apply for the position of Legal Counsel.

The successful candidate must have a minimum of 3 - 5 years experience
in Litigation, Real Estate & Development and Commercial Law. Candidates
must demonstrate an ability to work independently and possess a thorough
working knowledge and technical competence in the areas mentioned.
(Applicants with experience in only one of the mentioned areas may also

apply).

Successful candidate can look forward to competitive remuneration and

benefits.

Résumés with supporting documentation should be submitted to:

The Personnel Department

The Grand Bahama Port Authority, Limited

Email: personnel@gbpa.com
On or before April 28, 2008

P.O. Box F-42666

Freeport, Grand Bahama

BAHAMAS
Or


THE TRIBUNE

Kelly's has — contributed —
fo the following —
organizations and

causes in
2007!

x
\

* Feed The Lambs Ministries

°* Fellowship Missionary Baptist Church

¢ First Born Church of The Living God

ay eM ee tem ceL

a aCe MMMM) Cordele Til

* Gambier Community Development Assoc.

* Garvin Tynes Primary School

Coa Un nnce
¢ Aids Foundation of The Bahamas |

Mee lcce- Mie ee mle Cre Clie

¢ Aquinas College

-- Ascension Methodist Church

¢ Assemblies of Brethren in The Bahamas
* Astro Club |

¢ BAAA

¢ Bahama Health

De teltelileew eerie mew Ceyera (elite
eC eluiewe Cer Mme: mee

BOC Crke inl mare

¢ Bahamas Children’s Emergency Hostel
¢ Bahamas Family Planning Association
¢ Bahamas Genesis Institute

* Bahamas Girl Guides

¢ Bahamas Humane Society

- ¢ Bahamas National Breastfeeding Assoc.

* Bahamas Red Cross
eer e uta mates

-¢ Bahamas raed & Vocational Institute

7s Bahamas Telecommunications Company

Lela tell tie CLL Ca

¢ Big Harvest Community Sunday School
¢ Bilney Lane Children’s Home

MM Ranger ty1

- ¢ Boys Club of The Bahamas

-¢ Bureau of Women’s Affairs

¢ CR Walker Senior High School

CM eee tela A) mM Solio Liiles

mea YM Me eoliteM lille me Ltitee)

* Child Evangelism Fellowship Bahamas

Ol fe leTiWM cel cellar Cly

¢ Church of God Cathedral Children’s Choir
¢ Church of God of Prophecy, Fox Hill
eT CM eile medal)

¢ Conquerors For Christ

* Court of Appeal

¢ Cousin McPhee Cathedral

° D. W. Davis Jr. High School

¢ Department of Education

ely steam ml melt

* Discovery Learning & Development Centre
* District Grand Lodge of The Bahamas

* Doctor’s Hospital Associates Awards
a irr mca

¢ Ebenezer Englerston Boys Academy

* Elizabeth Estates Children’s Home

¢ Elshaddi Inner Healing Ministry

oe ile ey m ie Ce Lach icy a)

* Englerston Urban Renewal Project

¢ 57th Annual Bimini Native Fishing Tournament
* Faith Temple Christian Academy

¢ Farm Road Urban Renewal Project

* Gleniston Centre for Learning
¢ Grace Community Church
¢ Grant's Town Wesley Methodist Church
* Great Commission Ministries $
* Head Start Preschool
thi tae le mele)
* Holy Trinity AME Zion Church
* Hope Worldwide Bahamas Kidz Splash 2007
aCe) el-Xe (el (MM a)
* Junior Baseball League of Nassau
* Kemp Road Urban Renewal Project
* Kingsway Academy
EMA Mem eels](-M-L-teCd
ema Mem mya isis)
eA eesti)
* Lily of The Valley Prayer & Deliverance Min.
eel Mel Mem Cre hiC um ac CCT
* Marriage Keepers
* Medical Expenses of Maria Sampey
* Medical Fund of Carmette Lockhart
* Message of Hope Seventh Day Adventist Church
¢ Ministry of Education, Youth, Sports & Culture
¢ Ministry of Public Service
UCT mie) ima
* Mt. Pleasant Green Baptist Church
Am Sema io Lae
* N.P. District Youth Department of
Mem elem se) ee
a Corre Mehmed
¢ Nassau Circuit of Methodist Churches
* National Youth Choir
ey Ad e-X-Xe ML) ile Yel)
¢ New Lively Hope Baptist Church
¢ Our Lady of The Holy Souls Roman
Catholic Church

* Our Lady’s School

* P, A. Gibson Primary School

* Pan American Health Organization

* Peardale Seventh Day Adventist Church
Te eel ce (elem Cys Tice

Oe aed m ry iil Mtoe

* Prison Officer’s Dependant Fund —

* Project B.E.A.C.H. |

¢ Public Hospitals Authority

* Queen’s College Parent Teacher Assoc.
¢ Re-Earth

* Rotary Club of West Nassau

¢ Royal Bahamas Defence Force

* Royal Bahamas Police Fire Services
elm fells m a Mle 7

a To] teva Caries)

* Royal Rangers Boys Club

Pe Teloee Maem MALCOM da
ey Nea of) RTA Cy)
MCC
PMR YT ML Cm Ue
a eer tem Chim Littl eel

¢ St. John Native Baptist Society of Churches
* St. John’s College

MONDAY, APRIL 7, 2008, PAGE 58

¢ St. Joseph’s Parish

Mi awe seman)
Mim can

¢ St. Thomas More School

* St. Vincent de Paul Society

SPM cea ce we) MeL Primary ST
Tonelli maaiitela metals) :
nec nCiitik ction

_ * Sea Bees Swimming Club ee
. © Simpson Penn/Williemae Ho Centres agi

RTT lim roi m ute Gg

* Special Olympics

* Stapledon School

¢ Stephen Dillett Primary oe

ee mech M CCL

* Teachers & Salaried Workers Co-operative
Credit Union

* Teen Commonwealth Youth Club

eT

SPCR CUR Cu RR teste i
Methodist Episcopal Zion Church

eM Sele MO Telit ol-taeey MO) c <-

aM hrm eee MC Sut oe
Club 782534

eM Selelileem el lieecerlate tcl

¢ The Bahamas Historical Society

¢ The Bahamas Mothers Club

¢ The Bahamas National Council For Disability

¢ The Christian Tabernacle Church

Pe Ml Ye (CM elie ey

HMO eM eT g-)

* The Governor's Harbour Dev. Assoc. —

LeMay mm lite Lile

MM hiC meee MeL

eM Relea Tema Mele Clute Mm Colle)

* The Long Islanders Association

* The Lovely Bay Development Association

* The Mark Knowles Celebrity Tennis Invitational

¢ The Nassau Garden Club

eM eee roc)

TM lm ee CMT le ts F «

PM eel mutts Le MAL CERT LLL

SM er eele Ota .

* The Revival Theme Ministry

* The Royal Society of St. George

Teel lime aii) yg

¢ The Sir Victor Sassoon (Bahamas)
Heart Foundation

¢ The Surgical Suite Sister, Sister
Breast Cancer Support Group

* Thelma Gibson School

eee eh liceL

* Totland Christian Centre

Tm eC MLC cere

* Worldwide Church of God

- © Yodephy Dance & Modeling ee ak

¢ Youth Alive Ministries "
¢ Z Bandits Junkanoo. Ore Ch
¢ Zeta Phi Beta Sorority

We apologize to
any organizations
inadvertently
left off this list.

Kelly’s

Tel: (242) 393-4002
Fax: (242) 393-4096

Houses
Home.

Mall at Marathon
Monday-Friday 9:00am-8:00pm
Saturday 9:00am-9:00pm
Sunday Cafes
TOMALES ue Raed


PAGE 6B, MONDAY, APRIL 7, 2008

THE TRIBUNE





Insurer acquires 30 per
cent stake in clinics

FROM page 1B

BISX-listed Colina Holdings
(Bahamas), paid $3.403 mil-
lion for its stake in Walk-In
Holdings Ltd, which owns the
two Walk-In Clinics on Collins
Avenue and at Sandyport.

The deal, which closed on
November 30, 2007, as well as
providing potential Colinalm-
perial clients with their own
entrance and access to those
facilities, is designed to reduce
the lag time between when a
life and health insurance policy
application is made and its set-
tlement.

By having one location
where all medical testing on
clients is performed, Coli-
naImperial believes the move
will cut down on the time, costs
and “aggravation” of having
to take clients to multiple loca-
tions around Nassau for their
medical screening.

Meanwhile, Monty Braith-
waite, Colinalmperial’s presi-
dent, told an analysts’ meeting
that he was pushing for the
company to achieve interna-
tional industry benchmarks of
an 80 per cent retention rate
for life insurance sales over a
24-month period.

Currently, Colinalmperial
was just two percentage points
away from this landmark at 78
per cent, and Mr Braithwaite
said achieving that benchmark
could add another $6-$7 mil-
lion to the company’s per
annum premium revenues.

While Colinalmperial’s per-
formance with regard to this
ratio had improved markedly
over the past three years, hav-
ing gone from just 68 per cent
in 2005 to 75.2 per cent in 2006
and 78 per cent last year, Mr
Braithwaite said he continual-
ly reinforced his desire to

Looking for an experienced

Fund Administrator

A small start-up Fund Administration company

is looking for a dynamic person who has a few years

experience in the Administration of Bahamas SMART

and Professional Funds. The ideal candidate would

also be assigned other related tasks. He/she must be |

able to fit in a small young group group of prfession-

als and is a motivated team-player. Please send your

resume with a salary expectation to HR Management,

P.O. Box N-7755, Nassau, Bahamas.

—

CUM!

NAD

Nassau Airport

Development Company

The Nassau Airport Development Company (NAD) is looking for qualified and experienced Bahamian construction professionals to join our group of aviation and customer service
experts as we embark on a $400 million redevelopment and construction of the new passenger terminal and related infrastructures.

attain this goal in meetings
with the company’s 95 agents.

Cathy Williams, Colinalm-
perial’s finance director, said
the company’s balance sheet
was “very strong”, its Mini-
mum Continuing Capital Sol-
vency Ratio (MCCSR) having
improved to 178.9 per cent at
year-end 2007, compared to
175.8 per cent the year before.

‘The company’s safety ratio,
which measures total policy lia-
bilities divided by assets, was
61 per cent, something Ms
Williams said showed the com-
pany was “still conservatively
reserved”.

She added that changes in
the investment securities mix,
with Colinalmperial improv-
ing the duration and yield on
certain investments, had
enabled there to be “a little bit
of a release of reserves”, as
future cash flows were now

better-matched to liabilities.

Mr Braithwaite said Colina
Holdings (Bahamas) Board
had yet to decide whether to
declare a dividend for 2007,
saying any decision would
probably be announced at the
company’s Annual General
Meeting (AGM) in late May
or early June 2008.

He added, though, that on
October 20, 2007, the group of
Bahamian financial services
regulators had written to Coli-
nalmperial telling it that it was
now in full compliance with
the 21 conditions imposed
upon it over the Imperial Life
acquisition, and that the issue
was now closed.

In giving their ‘full compli-
ance’ verdict, both the regula-
tors and the Government
appear to have waived the con-
dition that Colina Holdings
(Bahamas) majority share-

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1(242) 394-4949

of Mackey Streat and the otd fe old Paradies tnend Snape ,

holder, A. F. Holdings, reduce
its stake in the BISX-listed
company from around the
then-66 per cent to 51 per cent.
As at December 31, 2007, A. F.
Holdings, the investment vehi-
cle owned by Emanuel Alex-
iou and Anthony Ferguson,
still owned a 58.1 per cent
stake.

With the Bahamian life and
health insurance market rela-
tively mature, especially on

’ New Providence, and organic

growth difficult given the long-
term nature of life insurance

’ contracts, Mr Braithwaite in

response to The Tribune’s

questions acknowledged that

the company was looking at
opportunities abroad.
Colinalmperial was “active-
ly looking at some markets in
Latin America” and develop-
ing a life insurance product to
fit. And Mr Braithwaite added:
“We’ve already obtained our
Florida licence, which would
allow us to sell services in
Florida to non-US nationals.
We're talking to sophisticated

people who know the market.”

To broaden distribution
channels in the Bahamas, Col-
inalmperial has already set up
an arrangement with Insurance
Management for the latter to
sell its life insurance products,
and was now also taking to
Star (General) on Grand
Bahama, Mr Braithwaite said.

“Within the next three to six
months we will be rolling out
our annuity product, which for
our agents is a big piece of the
puzzle. They fell they have
been at a disadvantage by not
having that option to offer to
their clients,’ Mr Braithwaite
added.

After a previous purchase
fell through, Colinalmperial is
now looking at renting out the
former Colina Insurance head-
quarters on Village Road to
three separate tenants, feeling
the 17,000 square-foot size of
the property within a two-acre
site, and the availability of
ample parking space, would
prove attractive to commercial
clients.

RTM TT
URS Me BB Paer ey a TEL

NOTICE

NOTICE is hereby given that SEAN THOMPSON PALMER,
P.O. BOX N-4309, PRINCE CHARLES DR, NASSAU,
BAHAMAS, is applying to the Minister responsible for Nationality
and Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 31ST day of MARCH, 2008 to the Minister
sesponsible-for.Nationality.and_Citizenship, P.O.Box.N-7147,

Nassau, Bahamas.

The successful candidates will have at least 10 years’ progressively responsible construction/project management experience ideally within an international airport construction
environment. Preference will be given to those with terminal building, airside and airport systems expertise. Proven leadership skills, the ability to work effectively with stakeholders, and
excellent oral and written communication skills are all prerequisites. Candidates must have superior analytical and problem solving skills, the capability to work in a deadline oriented
team environment and proficiency in project related software.

Project Scheduler

Reporting to the Project Director, the Project Scheduler will be responsible for
establishing base-line criteria to plan and schedule workload relative to scope of work
and assist project leaders in determining schedule priorities.

RESPONSIBILITIES:
* Develop the project master schedule and incorporate critical milestones in each
consultant / construction contract to ensure project deliverables are contractual

obligations;

Ensure all consultants/contractors produce a detailed schedule indicating how
milestones will be met;

Review and evaluate schedules for completeness and realism, expediting any operation
that delays schedules and adjust schedules to meet unforeseen circumstances;

Monitor, review and analyse schedules and status of contractors during all phases of

the project and prepare monthly progress reports;

Candidate should have 10 — 15 years of solid planning/scheduling experience on large
industrial projects; excellent computer skills in MS Office and Primavera planning

software.

A competitive salary and benefits package will be offered to the successful candidates.

Project Controller

Reporting to the Project Director, the Project Controller will be responsible for complex
project control activities to ensure project cost controls are developed and maintained

within projected budget.

RESPONSIBILITIES

* Develop and implement a cost/forecast control system;

Monitor critical path and work closely with client's senior accounting personnel;

Develop and manage project budgets, cost estimates, financial indicators, progress

plans and cash flow;

Review and approve all consultant and contractor's progress billings, cost reports and

certificate for payments.

Candidates should have a university degree with relevant cost accounting expertise

including experience as a cost controller for large sized industrial projects.

it you re
resume ae ‘eover etter by

ified and interested: niease send your oO
Sth April 2008 to:

“The President and a

Nassau Airport Development Company

syade ling International Air
Rida a, at



The Baham

Or Fax 377-0294


THE TRIBUNE

MONDAY, APRIL 7, 2008, PAGE 7B



Banking and insurance opportunities in Haiti

m@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



THERE are many potential oppor-

tunities for Bahamians to invest in
Haiti’s economy and receive a return,
a Haitian economist told a group of
Bahamian businesspersons.

Charles Clarmont, who advises
Haiti’s president, Rene Preval, dis-
cussed the potential for investment in

Desperate job seekers queue outside Albany —

Haiti at a special seminar co-spon-
sored by the Bahamas Chamber of
Commerce and Haitian Embassy last
week. The seminar came on the heels
of the Chamber’s trade mission to the
island last year.

Mr Clarmont suggested that
Bahamians interested in investing, but
who have doubts, should consider
joint venturing with a Haitian coun-
terpart. He said there were many

Haitian businessmen who would wel-
come financial assistance from a
Bahamian.

Mr Clarmont said Bahamians inter-
ested in doing business in Haiti should
sit down with that island’s chamber
of commerce, or banking institutions,
to get a clear picture of whether a par-
ticular company was reputable.

Mr Clarmont said that while a finan-
cial institution can not divulge all their

client’s information, they can provide
a good indication of the company’s
standing as it relates to foreign invest-
ment.

He also noted that financial Ser-
vices and insurance providers were in
short supply in Haiti, industries that
may be an alternative to his other sug-
gestions for investment, agriculture
and manufacturing,

Mr Clarmont pointed out that in

the past, Haiti’s banking sector had
been very conservative, primarily
because bankers were dealing with a
limited set of players. Yet today per-
sons can obtain credit at very good
rates, particularly as the island’s econ-
omy strengthens.

Similarly, he said Haiti was lacking
in affordable insurance for its 8.5 mil-
lion residents, another area of oppor-
tunity for Bahamian firms.

Legal Notice

: FROM page 1B

Phase I construction, which
involves Albany’s roads, infra-
structure, amenities, marina
and hotel, some 1200-1500
workers were likely to be
employed during the six-month
peak. That is due to run from
{ate 2008 to mid-2009, covering
a six-month period.

When Albany moves on to
Phase II, which includes the
eondos and residential options
Surrounding its marina, Mr
Anand said the developers
how projected that between
3,000-3,500 construction work-
trs would be “on site at bulge
time in 2009, 2010 and 2011”.
} Having hired away John
Davies, Ginn’s senior vice-
president who previously over-
saw that company’s West End
project in Grand Bahama, to
grener Albany’s building, Mr

nand said the developmen--

fs construction team was “in
Ine mobilization stages, award-
jg contracts. Most have been
€warded, and we’re just docu-
Wenting them”.
© While the queue outside
*“\lbany House provided fur-
ther evidence of the construc-
tion slowdown, Mr Anand said
the developers hoped they
would be able to at least part-
y fill the jobs vacuum.
' He added that with a num-
er of other Bahamas-based
mixed-use resort projects slow-

i
j





ROSE ISLAND

Beachfront with elevation and gorgeous beach. Be
neighbours to the Ritz Carlton Resort.

$225,000 Each
Call Tropical Realty at 327-1102

ing down or coming to a stand-
still due to the global credit
crunch and lack of real estate
pre-sales, Albany hoped to
attract the best Bahamians in
the construction industry.
“Hopefully, all the people
we hire are going to be
Bahamians,” Mr Anand said.
“There are some really talent-
ed people in the Bahamas, but
it’s been difficult to get them
because of all the projects
going on. Now, hopefully,
we're going to get them.”
Meanwhile, Richard Wilson,
Cavalier Construction’s man-
aging director, told The Tri-
bune that the company had
been “inundated” with tele-
phone calls from sub-contrac-
tors and tradesmen seeking
work after they learned the
company was likely to land a
major contract from Albany.
Emphasising that the final
contract had not yet been
signed, Mr Wilson. said:. “The
phone’s been ringing off the
hook. We’ve been inundated
with everyone across the spec-
trum of the construction indus-

_ try asking for jobs and send-

ing in CVs.

“Most of it is phone conver-
sations with sub-contractors.
And everyone in this office has
taken phone calls from
masons, carpenters, every-
body.”

More than 100 CVs had
been sent to Cavalier, and Mr
Wilson said that once the




Albany construction contract
was signed, the company
would seek to “maximise” the
use of as many Bahamian
workers and sub-contractors
as possible.

The company had also
received job inquiries from
some of the almost-50 employ-
ees being released by Baha
Mar Development Company,
thought to number about 32
expatriates and 16 Bahamians,
as a result of Harrah’s pulling
out from the $2.6 billion Cable
Beach redevelopment.

When asked about current
conditions in the Bahamian
construction industry, which
some believe to be the econo-
my’s third largest industry,
accounting for 11 per cent of
national GDP, Mr Wilson
replied: “It’s absolutely des-
perate.”

Cavalier Construction com-
pleted the Atlantis Convention
Centre one year ago, part of
Kerzner International’s Phase
III expansion, and was now
completing the final stage of
the Bayroc condominium com-
plex on West Bay Street at
Cable Beach.

“That’s just one job,” Mr
Wilson said. “That can’t sus-

tain the overhead. The situa-
tion with every contractor, if
you were to call them right
now, it’s desperate. While
everyone says the future looks
good, how long can everyone
hold on for the future?”

Cavalier had been working
on the Albany contract for two
years, and although Mr Wil-
son initially described it as “the
only show in town”, he later
acknowledged there were sev-
eral other contracts out to ten-
der — UBS (Bahamas) new
building and the British Colo-
nial Hilton upgrade.

“We are bidding on a couple
of projects that are out to bid.
One is the UBS bank, which
is due on April 11, and there is
also the refurbishment and
alterations on the British Colo-
nial. There are some projects
out there, but it’s not as great
as we were led to believe 18
months ago.”

Construction work on
Albany was likely to begin
“imminently”, Mr Wilson said,
a meeting with Mr Anand last
Thursday having gone “very
well”. “It shows their.commit-
ment to the Bahamian con-
struction industry,” he added
of the developers.

LEGAL NOTICE
NOTICE

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby. given in accordance.with Section 138 (4) of the
International Business Companies Act, (No. 45 of 2000), ARAVAS
COMPANY LTD. is in dissolution. Mariana Garcia Pintos is the
Liquidator and can be contacted at Colonia 810, apto. 403, Montevi-
deo, Uruguay. All persons having claims against the above-named
company are required to send their names, addresses and particulars
of their debts or claims to the Liquidator before 3rd day of May,

2008.



SP nit
||ONIT SYSTEMS BILL PAY SERVICE
BTC
BEC
CABLE BAHAMAS .

WATER SEWAGE

$3.00 Service Fee Utility Bill
Allow 2 Business Days for Processing
Tel: 394-4357
Plaza Jade on Shirley St. Kemp Rd.

: MUST SELL
| VACANT PROPERTY

Lot #14721 comprising 10,000 sq.ft. in area with
83 frontage on Zinnia Road and 120 feet on

_| Eastward Drive in Bahama Sound of Exuma Ocean

; Addition West, Exuma Bahamas

The property is undeveloped and is
located 1 mile south of Emerald Bay
and The Four Seasons Resort.

For conditions of the sale and any other
information, please contact:
Credit Risk Management — Collection Unit at:
Phone: 356-1685 or 356-1608,
Nassau, Bahamas

Interested persons should submit
offers in writing addressed to:

The Manager, Credit Risk Management - Collection
Unit, P.O. Box N-7518, Nassau, Bahamas

SPLATT SE RETIRE OE TTS

Serious enquiries only



Legal Notice

NOTICE

GALLOPING HORSE LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 28th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

WHYTE NYGHT CORP.

(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 3rd day of April
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



NOTICE

PLUME GOLDEN ROD LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is

in dissolution, which commenced on the 3rd day of April
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

FORSYTHE PLAINES LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 24th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.

ARGOSA CORP. INC. -
——{tiquidator) :



3 UBS

UBS (Bahamas) Ltd. is one of the world's leading financial
institutions in the Caribbean. Through our Business Area
Wealth Management International we look after wealthy
private clients by providing them with comprehensive,
value enhancing services. Our client advisors combine
strong personal relationships with the resources that are
available from across UBS, helping them provide a full
range of wealth management services.

In order to strengthen our Controlling & Accounting team
in Nassau, we are looking to fill the following position:

Successor for Head
Controlling & Accounting

After a training phase of 12-15 months the candidate will
have the following essential duties and responsibilities:

Reporting of financial data to head office

Financial reporting to local management and local
regulator

Planning and forecasting

Preparation of Financial Statements

Maintain relationship with external auditors

Ensure compliance with SOX section 302 and 404 and
regulatory requirements

Supervise a team of accountants.

Minimum Requirements

¢ CPA certification

¢ Graduate degree in Finance or Economics

¢ Sound, working knowledge of International Financial
Reporting Standards (IFRS) and banking regulations
(BASEL ID

e Experience in leading a team

e 7 - 10 years working experience in same or similar
position

¢ Previous work in a financial institution preferred

¢ Extensive knowledge of MS Office and related
Application Software products

In addition, the candidate must have an in-depth
understanding of Financial Instruments and the banking
business. The ideal candidate must possess strong
analytical, communication, organizational and leadership
skills. A strong business/customer orientation is essential.

Written applications should be received on or before April
11, addressed to:

UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757

Nassau, Bahamas

hrbahamas@ubs.com or


THE TRIBUNE



oe

Bahamian AAMU Ag Dean becomes
Caribbean Science Icon
Huntsville, Ala. ---- The new dean of Alabama A&M University’s School of

Agricultural and Environmental Sciences will receive the highest distinction
among Caribbean scientists.

Dr. Robert W. Taylor, a soil chemist, has been inducted.as a “Caribbean Icon in
Science and Technology” by the Caribbean Council of Science and Technology.
The honor, notes Taylor, encompasses scientists who hail from the Bahamas,
Belize, Barbados, Cuba, The Dominican Republic, Guyana, Haiti, Jamaica,
Trinidad and Tobago, and others. Three years ago, he was elected to the Bahamas
Science and Technology Hall of Fame.

Taylor says the award places him in the good company of numerous Caribbean
notables, among them Marcus Garvey, Stokely Carmichael (Kwame Ture), Collin
Powell, Harry Belafonte, Sidney Poitier and Nobel Laureates.

Taylor entered the AAMU deanship as a Fellow in two leading international
professional societies. He also served as a program officer “for the National
Science Foundation, considered one of the most prestigious peer review funding
agencies in the world. He was elevated to the senior management when in the
second year he served as Acting Deputy Division Director of the Division of
Biological Infrastructure. Upon returning to AAMU, the Division presented
Taylor with the Distinguished Service Award.

Taylor earned the B.S. degree from Tuskegee University in 1970. He pursued his
postgraduate studies at Michigan State University, obtaining a M.S. degree in soil
microbiology in 1973 and a Ph.D. in soil chemistry in 1977.



WME

Freeport Concrete
warns on Q2 loss

FROM page 1B

company in the second quar-
ter. Sales at the Home Centre
in the second quarter of this
fiscal year are down over 5 per
cent, and at the concrete oper-
ation down 16 per cent, com-

pared to the same period last

year. Because of this, we are
forecasting to report a loss for
the second quarter.

“As we go forward into our

third quarter, we are antici-
pating the economy in Grand
Bahama will remain stagnant,
which again will impact our
sales revenues, and thus our
profitability. However, should
the Grand Bahama Port
Authority (GBPA) issue be
resolved over the next few
months, we are anticipating
increased revenues and growth
in the latter part of the year.”

The 2008 financial year per-

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formance has been disap-
pointing in light of the fact that
Freeport Concrete’s 2007 per-
formance, when it made a
$78,787 profit compared to a
$2 million loss the year before.
indicated it may be on the
verge of turning around.

During fiscal 2007, the con-
crete operation increased its
net income to $472,000 from
$53,000, largely due to supply-
ing the concrete for the Asso-
ciated Grocers warehouse
building in the Sea/Air Busi-
ness Centre. This cancelled out
the $393,000 loss generated by
the Home Centre, which was
an improvement on the $2 mil-
lion loss the year before. |

Freeport Concrete’s direc-
tors said inventory shrinkage
was reduced to a minimum in
fiscal 2007, the inventory vari-
ance when the annual count
was done in August 2007
standing at only 0.14 per cent
of annual sales.

Yet total company sales fell
8.72 per cent in the 2008 first
quarter in the absence of the
Associated Grocers contract,
with total concrete sales down
$291,000 against the previous
year. The Home Centre’s sales
were off by 2.3 per cent.

Among the questions the
directors are likely to face at
the AGM is why there were
just two Board meetings during
fiscal 2007.

INSIGHT

For the stories
behind the news,
ic=t-Co Mek y(e 9g
on Mondays

VACANCY FOR THE POSITION OF:

ANALYST, BUDGET & COST CONTROL
CORPORATE FINANCE DEPARTMENT
MAJOR COMMERCIAL BANK

Core responsibilities:

¢ Assist in the preparation, analysis and monitoring of:
o Annual Capital and long term Strategic budgets
Budgets for special projects or programs
Assist with preparation of financial statements
Assist with monthly Management Reports
Serve as liaison and prepare month-end reporting
requirements as set by the Central Bank of The

Bahamas

Prepare reports to track yields and asset quality

matrices

Develop and prepare models to analyze and access
income and expenses against planned positions and
strategic outlooks

Knowledge, Skills and Abilities:

Strong communication skills.
Bachelors of Science Degree in Accounting or Finance or
a current student in a recognized professional accounting ©
program (ACCA, CPA, and CGA).
Highly developed analytical and financial management

skills.

Excellent team working abilities.
Ability to operate in a fast moving and dynamic environment.
Time management and organizational skills“
Enthusiastic, positive, “can do”, entrepreneurial spirit is

desired.

Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes dental
and vision) and Life Insurance; Pension Scheme.

to:

The Tribune
P.O. Box N-3207
DA #62993AB
Nassau, Bahamas

Interested persons should apply no later than April 25th, 2008


THE TRIBUNE

Â¥

MONDAY, APRIL 7, 2008, PAGE 9B





Stamp Tax dispute may

block BORCO purchase

FROM page 1B

G

Jnatter lies,” Mr Laing told The Tri-
“bune.

,, He said that he could not call the
Issue “a, sticking point”, explaining:
““The Government assesses what tax-
“es are due on transactions and makes
that determination known. We have
made known to them [the BORCO
“parties] what taxes are due. That’s
,where it is”.

_,; BORCO was earlier this year pur-
chased by US-headquartered private
“equity firm, First Reserve, the largest
“private.equity player in the global
gas, oil and energy industries, from
the state-owned Venezuelan oil com-
“pany, PDVSA. The purchase price
was not disclosed, but some media

million.

First Reserve said in announcing
the purchase that the transaction was
still subject to government approval,
but was likely to be completed in the
2008 second quarter. This is the peri-
od we are now in, between April and
end-June 2008.

Yet Mr Laing hinted heavily that
those approvals might not be forth-
coming, something that could either
delay or blow up the BORCO pur-
chase, if no agreement was reached on
the Stamp Tax owed and this sum
paid.

“The Government collects its taxes
on transactions, so a transaction can’t
be concluded if it believes taxes are
due and they have not been paid,”
Mr Laing said.

Under reforms introduced by the
former PLP administration, a 4 per
cent Stamp Tax is levied on the

underlying assets of all Bahamas-

- based companies bought in mergers

and acquisitions, apart from cash and
bank deposits.

Companies considered non-resident
for exchange control purposes, and
those with an annual turnover of less
than $500,000, are also exempt from
paying this tax. Real estate assets still
attract a 10 per cent Stamp Tax rate
when involved in a commercial deal.

In the BORCO case, the Stamp
Tax would either have to be paid by
First Reserve, or be deducted from
the purchase price received by
PDVSA.

Given the physical assets and land
involved in the deal, it is likely that
taxes owed could run into an eight-fig-
ure sum; giving the two parties a
major incentive to minimise the
amount owed, and for the cash-
strapped government to collect as

much as possible.
Many business people expressed
concerns when the 4 per cent Stamp

Duty rate was introduced, fearing that -

it would act as a tax on transactions
and provide a disincentive for mergers
and acquisitions activity in the
Bahamas.

Fears were also expressed abou
how the amount of Stamp Duty owed
on intangibles such as goodwill would
be calculated, and that the tax was
“inequitable” because it did not take
into account the financial health of a
company.

Following the purchase, First
Reserve established a joint venture
for BORCO with Holland-based
Royal Vopak, one of the world’s
largest operators of storage terminals
for oil, chemical and liquid products.

Under the terms of the deal, BOR-
CO is due to be renamed Vopak Ter-

minal Bahamas, with the Dutch com-
pany operating and managing the
business, and in return receiving a 20
per cent ownership stake in the Grand
Bahama-based business from First
Reserve.

Yet the Vopak deal, too, is also
dependent on government approval
and the initial purchase being com-
pleted, suggesting the joint venture
approval may also be delayed by the
Stamp Duty issue.

BORCO currently employs over
100 full-time staff and some 50 con-
tractors, and possesses 73 storage
tanks with three million cubic metres
of capacity. Vopak and First Reserve
are looking to expand this to five mil-
lion.

The BORCO terminal has two jet-
ties and six deep sea berths.

First Reserve could not be contact-
ed for comment.

Feports later pegged it at around $900

The Tribune

EET

TUM RC sku

Te Be ie Are!

COMMONWEALTH OF THE BAHAMAS 2007

COMMONWEALTH OF THE BAHAMAS 2008
IN THE SUPREME COURT CLE/gen/230

Equity Side

IN THE MATTER OF BEACON GLOBAL
ADVISORS PRIVATE EQUITY FUND Il LIMITED
(“The Company”)



IN THE SUPREME COURT

CLE/ qui/00199




Common Law and Equity Division

AND IN THE MATTER of the Quieting Titles Act, 1959

IN THE MATTER OF THE COMPANIES ACT 1992 AND

ADVERTISEMENT OF PETITION ; : IN THE MATTER OF ALL THAT piece parcel

or lot of land containing 4,659 square feet situate

on western side of Tufa Close in the vicinity

of Englerston Subdivision in the Southern
District of the Island of New Providence in the
Commonwealth of the Bahamas being bounded
on the north by land reputed to be the property

of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon ©
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of
Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West:
by land reputed to be the property of one Bullard
and running thereon.Forty-seven and Sixty-five _
hundredths (47.65) Feet. rae

Notice is hereby given that a Petition for the winding up
of the above-named Company under the above-mentioned
Act was on the 12th day of February, A.D., 2008 presented
to the said Court by Bowness Investment Holdings Limited
a British Virgin Islands International Business Company —
claiming to be a Creditor of the said Company.

And that the said Petition is directed to be heard before
Justice John Lyons, a Justice of the Supreme Court, sitting
at Nassau on 28th April A.D. 2008 at 9:30 o'clock in
forenoon, and any creditor, client; or contributory of the
said Company desirous to support or oppose the making
of Order on the said Petition may appear at the time of
hearing in person or by his Counsel for that purpose; and

a copy of the Petition will be furnished by the undersigned

»to-any creditor;client, or ¢ontributory of the said Company
requiring such copy on payment of the regulated charge
for the same.



AURORE

RESTAURANT EQUIPMENT |
Ree ore”

AND

SOTTO
5

Dated the Ist day of April, A.D. 2008.



IN THE MATTER of the Petition of Charles C. Rolle



CALLENDERS & CO.,
Chambers,
One Millar's Court,
Nassau, Bahamas.
Attorneys for the Petitioner

NOTICE

SALE

2 Door Stainless Steel Refrigertor



THE PETITION OF CHARLES C. ROLLE in respect of:-
“IN THE MATTER OF ALL THAT piece parcel







NOTE: Any person who intends to appear on the oJ .
¢ 40 Pound Deen Fryer hearing of the said Petition, either to oppose or support, octet ene SONLAININE geen ae pees our
: . prry must serve on or send by post to the above-named, notice oe yea aren. ioe . oo i the sed
¢ Under Counter Stainless Steel Cooler in writing of his intention to do so. The notice must state of Englerston Su division in the Southern
= the name and address of the person, or, if a firm, the name District of the Island of New Providence in the
Refrigerator and address of the firm, and must be served, or if posted, Commonwealth of the Bahamas being bounded
10’ j must be sent by post in sufficient time to reach the above- on the north by land reputed to be the property
10°’ Custom Stainles Steel Exhaust Hood named not later than 4:00 o'clock in the afternoon of the of Solomon and Debra Rolle and running thereon
¢ Furniture 25th day of April, A.D. 2008. Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon

° Smaliware CALLENDERS & CO. ; .




Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property, of
Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.” ;

Chambers,
One Millar's Court,
Nassau, Bahamas
Attorneys for the Petitioner

Cc EJ FG CAPITAL MARKETS
CS cz BROKERAGE & ADVISORY SERVICES

cFAL"

PHONE 394-7455 OR 393-6461




MRS/CLP



PPAR OS WAL CTE CE FST AR AE TRI OT
mae .

Charles C. Rolle claim to be the owner of the
unincumbered fee simple estate in possession of the said
land_and has made ap lication to the Supreme Court of
the Commonwealth of The Bahamas under Section Three
(3) of the Quieting Titles Act, 1959 to have his title to the
said land investigated and the nature and extent thereof
determined and_declared in a Certificate of Title to be
granted by the Court in accordance with the provisions
of the said Act.

Copies of the Petition and the Plan of the said land may
be inspected during normal office hours in the following,

laces:
‘ The Registry of the Supreme Court, East
Street North in the City of Nassau,
Bahamas; and

Fi NN NS




Securit
Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas











2.10 Colina Holdings

4.73 Commonwealth Bank (S1) The Chambers of Lockhart & Munroe, #35
3.60 Cc lidated Water BDRs : : ¢

2:20 Doctor's Hospital Buen Retiro Road, off Shirley Street,




Nassau, Bahamas.


















5.94 Famguard

12.49 Finco

13.50 FirstCaribbean : : :

5.12 Focol (S) NOTICE is hereby given that any person having dower

pee 1 ty tebeor cancels Goes. 000 os or right to dower or an Adverse Claim or a claim
. . not recognized in the Petition shall on or re the

J. S. Johnson 1.059

‘remier Real Estate 1.167

0.600 - 86 6.0
CE SEE

SS
EPS$ Div

epireson of ae (30) he after the final publication

of these presents, file in the Supreme Court and serve on

the Petitioner or the undersigned a Statement of his claim

m the peecipee form verified by an affidavit to be filed
erewitn.





Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)




RND Holdings








“ABDAB
Bahamas Supermarkets

Failure of any such person to file and serve a Statement of
RND Holdings } 1 &

is Claim on or before the expiration of Thirty (30) days

SRS oa









; Fund Name HORE areern Tanine after the final publication of these presents will operate as
; 1.2037 Colina Bond Fund 1.304134" 0.94% 5.70% bar to such claim.

2.6254 Colina MSI Preferred Fund 2.982729" 0.60% 14.89%

1.2647 Colina Money Market Fund 1.384657*"* 0.70% 3.92%



LOCKHART & MUNROE
Chambers

#35 Buen Retiro Road

Off Shirley Street —
Nassau, Bahamas

Attorneys for the Petitioner

18,28%
5.69%

Fidelity Bahamas G & | Fund 3.6651"




12.0429"
100.00**
100.00**

Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.00°*
: 9.6433 _,.&idelity International Investment Fund 9.6433"

Le Market Terms 0

56D ES











*- 29 February 2008
** - 31 December 2007
*** - 21 March 2008

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask.$ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S2wk-Hi - Highest closing price in last 52 weeks
62wk-Low - Lowest closing price in last 52 weeks





Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for dally volume
‘Change - Change in closing price from day to day

Dally Vol. - Number of total shares traded today

DIV §$ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

a





_ PAGE 10B, MONDAY, APRIL 7, 2008





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