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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The Tribune



BAHAMAS EDITION



MONDAY, APRIL 21, 2008

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20 feareti deal P

in boat tragedy

-RBDF official says information Us Bea OTS
so far points to possible f
human smuggling operation

a By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

AS MANY as 20 people are
feared dead today as a result of
a boating tragedy between Nas-
sau and Bimini over the week-
end.

At press time last night the
Royal Bahamas Defence Force
reported that nine bodies had
been recovered from the ocean
off western New Providence
and an unknown number
remained unaccounted for.

A Haitian woman - one of
only three survivors found - told
authorities that she was with

Brent Dean

A MEDIC de

around 25 people aboard a boat
which left Nassau for Bimini on
Saturday when it sank. :

Authorities are as yet uncer-
tain-as to thé circumstances sur-.
rounding the unfolding tragedy, ,.,
which occurred not far from the
Berry Islands.

Royal Bahamas Defence
Force Chief Petty Officer Ralph
McKinney told The Tribune °

that information received by |. f

authorities so far points to a
possible human smuggling oper-
ation.

Only three survivors, a Hait-

.ian man and woman, and a

SEE page 10

Western Caribbean
NOV/15/08

15-Day

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Photos: Rodney Moncur

AN AMERICAN couple were hurt yes-
terday when their hired scooter hit a
Jeep head-on at the “Go Slow” bend
on West Bay Street. . {

Neal and Fran: Homel, from:
Boston, were taken to Doctors Hos-'
pital after their machine struck a vehi-'
cle being driven by Margaret Colom-,
bari at around 1.40pm

A witness said the scooter “veered
to the right” just before the collision.
The couple’s helmets flew off their
heads and landed on the other side of
the sea wall.

The Homels were said to be pas
sengers on the cruise ship aed of
the Seas.

“| don’t know how badly hu
were, but the man was cryin
and the woman appeared to
lacerations,” said the witness.

The Jeep driver was unhurt.

Bid to have Leslie Miller’s

Election Court case thrown out:

@ By BRENT DEAN
Tribune Staff Reporter
‘'bdean@tribunemedia.net

SIDNEY Collie, MP for Blue Hills, will attempt to have the
Election Court petition filed by former Cabinet minister Leslie
Miller thrown out by the court today.

In the motion to strike out Mr Miller’s petition, ‘filed by Mr
Collie’s attorney Michael Barnett last Tuesday, the MP claimed that
Mr Miller had not followed the necessary processes in court for the
action to continue.

The motion said Mr Miller “failed to file and serve on the first
respondent, as required by rule 14 of the Election Court, a list of
votes which the petitioner contends were wrongly admitted or
rejected stating in respect of each such vote the grounds of the peti-
tioner’s contention.”

SEE page 11










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Violent threats
against bishop
after call for
murders update

_ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BISHOP Simeon Hall has

received threats of sexual vio--

lence and death after publicly
demanding that authorities
update the public on the mur-
ders of two prominent homo-
sexuals, Dr Thaddeus McDon-
ald and designer Harl Taylor.
In a letter sent to Commis-
sioner Reginald Ferguson yes-
terday, Bishop Hall, senior pas-
tor at New Covenant Baptist
Church and chairman of the
National Advisory Council on

crime, said he received two.

threatening phone calls on Sat-
urday.

“Sometime after 3pm on Sat-
urday, two men called in suc-
cession with muted voices. I was
told to ‘mind my own (exple-

tive) business’ and ‘we are going :

to mess you up’,” he said.
“One said that he ‘would take
my Bible and shove it up my
,” Bishop Hall said in his letter
to the acting commissioner.
Earlier this month, the out-
spoken pastor called for an
update on the high-profile mur-
ders of Dr McDonald and Mr
Taylor, which occurred in
November last year.
--“SYou might know that there

Ambassador: no ”
information of plans
to downgrade the
embassy in Cuba

@ By ALISON LOWE
Tribune Staff
Reporter
alowe@tribunemedia.net

HAVANA, Cuba -
The Bahamian ambassador
to Cuba said Friday that he
has received no informa-
tion implying that the gov-
ernment intends to down-
grade the embassy in
Havana and he looks for-
ward to serving in the
neighbouring country “as
long as the conditions per-
mit” him to do so.

Asked to comment on
statements made by then
opposition leader Hubert
Ingraham before the elec-
tion, in which he said that
should the FNM come to
power the embassy would
immediately be downgrad-

SEE page 11

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are very many people in the
community who are coming to
their own conclusions, some of
which happen to be most

uncomplimentary, as regards to

police competence and integri-
ty,” said Bishop Hall in his letter
to Mr Ferguson requesting an
update on the status of the
investigation.

Mr Ferguson has: responded
to Bishop Hall’s call. Earlier this

SEE page 10.

Cuban golf plans

could challenge

‘Bahamas tourism

@ By ALISON LOWE
Tribune Staff Reporter
alowe tribunemedia.net

HAVANA, Cuba - The
Bahamas could be set to see
increased competition from
Cuba in the tourjsm sector as
the communist government has
its eyes set on massively
expanding opportunities it
offers to the world’s golfers over
the next several years, The Tri-
bune has learned.

On top of the already impres-
sive attractions in the cultural
and hotel sector available in the
island state of over 11 million
inhabitants, it has emerged that
the government, headed since
February by Fidel Castro’s
brother Raul, is in the process
of negotiating with investors in
England, Spain and Canada to
create 10 new golf courses over
the next two to three years.

A director in the Cuban Min-
istry of Foreign Investment and

SEE page 10















Toma eM eT AMR Res ae Sf)
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PAGE 2, MONDAY, APRIL 21, 2008

THE TRIBUNE



‘

Armed robbery: two in custody

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

A QUICK response by police led to the capture of two brothers
after an armed robbery at a beauty salon in Golden Gates.

Just before 5pm on Saturday, two men — one armed with a shot-
gun — entered the salon on Muttonfish Street and robbed cashiers
of an undetermined amount of money, police report.

The culprits escaped the crime scene in a white Hyundai Accent,
and there were no reports of any shots being fired in the shop.

Police intercepted a vehicle shortly afterwards and two brothers,
who have not been named by authorities, one 28 and the other a
juvenile, were taken into custody. Both men, police report, live in the
Kemp Road area. Police investigations are also underway into two
other armed robberies over the weekend.

At around 8pm on Saturday, an employee of C J Liquor Store on
Carmichael Road was robbed when two gunmen entered the estab-
lishment and demanded cash.

Police report that a “large sum” was taken from the store, but the
amount was not specified. The robbers escaped in an unknown
direction.

The stolen car used im the armed robbery at John Chea Foodstore,
Wulff Road, was also recovered by police. The robbery occurred
shortly after 2pm on Friday, when bandits entered and took mon-
ey from cashiers at the store.

The men fled in a green Honda Accord, which was seen travelling
in the Minnie Street area, according to police.

Officers on patrol subsequently recovered the vehicle near Moore
Street shortly after the incident.

Police received a report that the car was stolen from western
New Providence last Thursday. Investigations are continuing into
both robberies.



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New move to combat
stray dog problem

THE Bahamas Humane Soci-
ety is continuing to expand its
efforts to combat the stray dog
problem in the Bahamas,
announcing the first ever spay
and neuter clinic in Inagua.

In 2007 a plea for help was
received by the Humane Society
from the then administrator of
Inagua, Mr Charles King, as the
population growth of dogs on the
island was getting out of hand..

BHS executive director Kevin
Degenhard decided to fly there
to assess the situation.

“There were roaming dogs on
virtually every street and there
were dozens of dogs in the bush
around the garbage dump just
outside town. As no vet visits
Inagua none of these animals had
been sterilised,” he said.

“The saddest, and most worry-
ing, factor is that it has become



SEARCHING FOR FOOD: Our file photo Binns a ati dog in an

overgrown yard on Bay Street.

- common practice for many peo-

ple with puppies to abandon them
with the trash at garbage dumps,

“adding to a growing population
of feral dogs which survive |

through scavenging and by killing
wildlife, including dog pack
attacks on donkeys. Children
were walking to school with rocks

_and sticks in their hands to fend
off street dogs.”

The BHS liaised with all

Bahamian veterinarians and.

organised the first ever spay and
neuter clinic in Mathew Town,
Inagua, last week.

The logistics of the operation,
getting equipment and volunteer
veterinarians to Inagua, were
challenging but with the support
of Dr Grant from the Palmdale
Veterinary Clinic and volunteer

Show

veterinarians from the Rural
Area Veterinary Services a
‘M.A.S.H.’-style workforce
arrived on site.

“This was also a real commu-
nity project,” said Kevin Degen-
hard, “which would not have
been possible without the tremen-
dous hard work and energy of
local residents who helped senior
councillor Ronald Roker and
councillor Richard Ingraham car-
ry out urgent repairs to make the
old disused Inagua Hospital hab-
itable to run the clinic.”

They reconnected water and
electricity, fixed doors and win-
dows and provided lights.

The BHS team received the full
support of the community, who
welcomed the project as residents
lined up with their cats and dogs

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BHS announces spay and neuter clinic in Inagua



“There were
roaming dogs on
virtually every
street and there
were dozens of
dogs in the bush
around the ©
garbage dump
just outside
town.”



Kevin Degenhard

to benefit from the free spay and
neuter service.

Island Administrator Dr Cun-
ningham was delighted with this
generous contribution to the com-
munity and gave his full support.:

Other key figures who helped
this happen included Mr Glen ;

. Bannister and Ms Debbie Far-

quharson, who organised accom-
modation for the team of 14 ani-
mal experts, school principal Mr

‘Jason Woodside, who arranged

for Dr Val Grant, Dr Susan Mon-
ger and Kevin Degenhard to run
a PowerPoint presentation for
every student in the Inagua All
Age School on responsible ani-
mal ownership.

Thanks from the BHS went to
the US Coast Guard who stored
all the equipment awaiting the
team’s arrival, to the police and
local stores for spreading the
word and fliers, to Mr Orpheus
Simms, the environmental health
officer for helping with logistics,

_ to director of agriculture Mr

Simeon Pinder, for administrating
paperwork and to the Inagua Air-
port team who helped with a
smooth passage on and off the
istand. Véterinary:volunteers.
were led by Dr Susan: Monger;; «
who is an acknowledged expert . -
in this field. The Bahamas .
National Trust senior warden Mr
Henry Nixon brought the whole
project together.

“By the time we left the island
we had spayed and neutered over
130 dogs, euthanised 40, and
treated numerous other animals,
including one dog with a collar
embedded in putrefying flesh
around its neck for a year but
nobody had been able to catch it
until we arrived. It was gratify-
ing to see so many dogs sporting
their ‘I’ve been spayed’ fluores-
cent green collars and to see most
of the island children wearing the
‘B humane’ turquoise wrist-bands
when we left after a week of 12-
hour working days.”

The BHS will be working with

' Dr Grant on a plan to get more

Bahamian vets around the Fami-
ly Islands as a lack of veterinary
services in the less wealthy com-
munities contributes to the roam-
ing dog problem and animal suf-
fering. While experts need to get
back to Inagua to continue the ©
job, they feel a desperate need to
get the Animal Protection and
Control Act, drafted in 2005, on
the statute books as one provi-
sion in that Act is for animal con-
trol officers to be appointed in
the Family Islands.

Everyone in the veterinary
team said their lingering memo-
ries will include the amazing
enthusiasm of Inaguans for this
project as well as their generosity
and friendly hospitality.

with tender,

center cut chicken breast.





THE TRIBUNE



MONDAY, APRIL 21, 2008, PAGE 3

ne

@ In brief

Three are in
custody after
two firearm
arrests

‘THREE Fox Hill resi-
dents are in police cus-
tody after two separate
- firearm arrests over the
weekend.

A 19-year-old man was
taken into custody by
Central Detective Unit
(CDV) officers at 11pm
on Friday after a .380
handgun was discovered
near Fox Hill Park. The
gun contained four live
rounds, police report.

While executing a war- |

rant on Saturday at a
home on Grant Street,
Fox Hill, at 1.30pm,

CDU officers discovered

a .357 handgun with six _
live rounds of ammuni-
tion hidden in a DVD
player.

A 54-year-old woman
and a 30-year-old man
were taken into police
custody.

Space workers
Peplying to a

eiars wassces |

Bishop Simeon Hall suggests removal of
Parliamentary Channel after House row

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BISHOP Simeon Hall is sug-
gesting removal of the Parliamen-
tary Channel from the public air-
waves after yet another raucous
session of the House of Assembly
last week.

“The Parliamentary Channel,
intended to assist Bahamians to
see democracy at work, has
become a major impediment in the
fight to teach Bahamians, especially
children, how not to resolve con-

flict,” said Bishop Hall in a press .

release.

Last Wednesday, the opposition
PLP walked out of the House after
Speaker Alvin Smith ordered
Frank Smith, MP for St Thomas
More, to leave the Lower Cham-
ber.

Mr Smith attempted.to raise
issues related to the Mona Vie con-
troversy involving Zhivargo Laing,
but the Speaker did not allow this
because the matter is before the
courts. i

Mr Laing is suing Dr Bernard

?- Nottage, Mr Smith and former

comptroller of Customs John Rolle
for allegedly defamatory comments
made regarding the issue.

Mr Smith continued to attempt
to raise the issue after the Speaker’s
ruling. This led Alvin Smith to
make the removal order.

A shouting match developed
between Prime Minister Hubert
Ingraham and Opposition leader
Perry Christie during the incident,
along with other members from
both sides exchanging verbal accu-
sations from their seats.



Mast

‘the PLP.

Last November, the government

and opposition tangled as a result

of the prime minister’s statements
that the actions of the last PLP gov-
ernment were “wutless” in relation
to their management of aspects of
the criminal justice system.

Days later, when Mr Christie
tried to respond to Mr Ingraham,
he was not allowed to by the
Speaker, leading to the opposition

CUAL asyanniaa



pounding on the House tables. The
amendment to the Juries Act had
to be hurriedly passed by the
Speaker before the House was
adjourned.

Some members seem intent on
having their way while the people’s
work goes unattended, charged
Bishop Hall. “I suggest that we dis-
continue this weekly feud in the
family and let’s show some more
positive things.”

Motor-cyclist dies
after crash on Abaco

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

. New Location
Harold Road just West of City Market
Tel:(242) 341-0449 /(242) 341-2249
Fax: (242) 361-1136

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ABACO recorded its second traffic fatality for the year when a motor-
cyclist crashed into a utility pole in Murphy Town over the weekend.

Lynden Bootle, 26, of Murphy Town, was riding his red and black 2002, | We
Honda motor-cycle west along Front Street around 7.30pHi-a Friday °° 200 oe

when he lost control of the bike. ea : ii
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“The level of debate and the
mode of behaviour displayed by
most Members of Parliament are
clearly unworthy of public viewing
and the weekly ruckus is a poor
example of conflict resolution,”
said Bishop Hall. ’

“It is obvious that some Mem-
bers of Parliament have little or no
respect for the Speaker of the

‘ House,” he added.

from the Bahamas

@ TITUSVILLE, Fla.

A BAHAMIAN girl’s
seaborné school project
has landed on the sandy
doorstep of NASA,
according to Associated



He lost control of the motor-cycle and veered off the road. He crashed
into a wooden utility pole, then bounced off the pole and crashed into a
parked 1995 red Ford Ranger truck.

Emergency medical staff and police responded immediately to the * Carpet, Upholstery, Stone and Marble Cleaning &

Restoration Specialist,

Press. scene. Bootle was lying on th d with multipl H
“y alt “ lying e ground with multiple severe injuries. He
cane Space a Tienee pie ne aeapohie eh He Es to was not wearing a protective crash helmet. Prothes Cleaning Systems removes Desp & tery
worker Jill Vogel foun respond to authority, the viewing of He was taken to Marsh Harbour Clinic, where he died around 10.45pm. on ae Gree, ere Bs OAL

The body is expected to be flown to New Providence, where an autopsy .
will be performed.

Mr Rahming said the motor-cycle was badly damaged. The truck,
owned by Otis Brown, of Murphy Town, received minor damage.

As police continued with their investigation, they urged motorists to
obey speed limits and motor-cyclists, in particular, to wear protective crash
helmets at all times.

a message in a bottle
from.a student at the
Holy Name Catholic
School in Bimini, about
220 miles southeast of
Titusville and closest to
Florida of all the
Bahamas islands.

Vogel recently found
the bottle while volun-
teering for a beach
cleanup near the space
shuttle launch pads at
Kennedy Space Center,
Florida Today reported
Saturday.

“Dear Sea penpal,” the
note began, going on to
explain that the bottle
wasn’t litter, but a
Columbus Day project.
“T hope you respond to
my letter.”

Respond they will.

Vogel and others have
collected space memora-
bilia — crew photos,
pins, stickers and other
NASA gear — to send to
the 9-year-old girl and
her classmates.

at a fraction of replacement cost:
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the proceedings in the House is
certainly not helping.”
; The government and opposition
i have got into some high profile
arguments in this Parliament,
including the recent. walk-out by

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a Boge CHITA KEY,

. TWO divers are hos-
pitalized after blacking
out in the waters at Bis-
cayne National Park in
South Florida, accord-
ing to.Associated Press.
Miami-Dade Fire Res-
cue spokesman Eddy
Ballester says the two
young men were appar-
ently free diving off a
recreational boat Satur-
day afternoon. People
aboard the vessel
plucked the pair from
the water and called
emergency officials.
Ballester says both
divers showed improve-
ment after rescue crews
gave them oxygen thera-
py. The divers were
flown to a hospital.
. Ballester says one of
the men had been cele-
brating his birthday
with friends and rela-
tives. i

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PAGE 4, MONDAY, APRIL 21, 2008

THE TRIBUNE

SSS
EDITORIAL/LETTERS TO THE EDITOR

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, P.O. 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

A turn for the better

THE extradition of alleged drug con-
pirators Dwight and Keva Major is good
news for The Bahamas in more ways than
one. Not only does it demonstrate that
even a suggestion of drug trafficking will
not be tolerated, and that the nation is seri-
ous in trying to stamp it out, it also suggests
that our legal system is not quite as dys-
functional as some people evidently
believe. ,

Though it is beyond question that the
legal system here leaves much to be
desired, the Majors’ extradition will sit
comfortably alongside that of Samuel
‘Ninety’ Knowles as a message to other
alleged drug conspirators and traffickers
that, whatever their politicial affiliations,
they will ultimately pay the price for their
evil trade if found guilty.:

All those who once venerated Knowles
and his kind, and who benefited from their
largesse, now have time to reflect on what
happens when the DEA is on to their erst-
while heroes. They end up inside a Florida
jail cell with little prospect of release any-
time soon. .

On a wider front, it is also heartening to
note a verdict in the Daniel Smith inquest
- admittedly after several long adjourn-
ments, and in the absence of several key
witnesses - and to recall the paternity ruling
in favour of Larry Birkhead in the case of
Anna Nicole Smith’s daughter, Dan-
nielynn, last year.

Both hearings indicated that due process
is not entirely dead in The Bahamas, and
offered some hope to the many Bahamians
who are still seeking justice before the
courts. If there is cause for discontent, it is
that foreigners appear to get access to the

courts, and a conclusion to proceedings,

faster than locals.

The one exception to that is, of course,
the Gallagher family of Britain, who fought
hard for six years to get a hearing before
the Bahamian courts following the tragic
death of their toddler son on Paradise
Island. ;

However, they made it in the end.

_ All these cases, in addition to the long-
awaited inquest into the death of Bahami-
an Christopher Esfakis, demonstrate the
virtue, and effectiveness, of persistence in





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y usio Sales {Freeport} itd for similar devils, Queens Howry, 352-6122

the face of obstruction and prevarication.

We know of at least one more major
medical case lurking in the wings. It, too,
will demonstrate that no amount of duck-
ing and diving by lawyers and doctors will
keep justice at bay. The courts must show,
beyond reasonable doubt, that no-one is
immune from their scrutiny.

Our one reservation in making these
observations is that; in some of the afore-
mentioned cases, hearings were apparent-
ly held only because of the relentless cajol-
ing of the press, notably The Tribune.

We'd prefer to feel that the system itself,
out of its deep concern for transparency
and the quest for justice, develops a
momentum of its own from these recent
decisions to ensure we need never doubt it

' again.

In furtherance of that cause, we’d like to
see satisfactory conclusions to the cases
involving Daniel Williams, Siobhan Reilly,

' Greg and Tanya Cash and, of course, the

former Minister of Trade Leslie Miller,

who is still awaiting closure in the murder ~

trial of his son, Mario.

- Both Williams and Ms Reilly await
een of judgments - the Reilly case
has now gone to appeal - while the Cash
family have been forced to take their mul-

_ ti-faceted litigation against the Baptist edu-

cation authorities to the Privy Council in
London.

All see themselves as victims of an
imperfect system, and all have had good
cause to doubt the efficiency and/or integri-
ty of the courts in their long campaigns for
closure.

In the Daniel Smith, Dannielynn, Gal-

lagher and Esfakis cases, there was a strong

feeling at one time that nothing would ever
come of them, that all would be lost in a
mire of evasiveness and obfuscation. The
fact that all eventually came to court, and
were heard, is a reassuring sign that things
might be improving.

- Meanwhile, The Tribune will keep its ,

watching brief on behalf of all those who

_ feel the legal system is working against

them.

Due process is a vital component of
civilised society. Without it, anarchy and
disorder beckon.








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Amazed by the.

Fleming Group’s
blatant PR
campaign

LETTERS

EDITOR, The Tribune.

WITH all the uncertainty
still remaining over the actual
ownership of the Grand
Bahama Port Authority it
amazes me that The Fleming
Group has cranked up such
an obvious public relations
campaign both within the
Freeport community and
nationally in our newspapers
which I suggest is so prema-
ture.

The most recent presenta-
tion by one of the Fleming
Group advisers put to us that
in their plan Freeport could
be Dubai West. I regret the
adviser forgot to mention the
key ingredient as to how and
why Dubai has been able to
build as they have. The key
ingredient is the use of very
very cheap labour from neigh-
bouring Asian countries such
as India, Pakistan and
Bangladesh.

Both CBS - 60-Minutes and
the BBC have exposed how
nationals of these countries
have been employed by the
hundreds of thousands are
being exploited, live in sub-
human conditions and are
paid at a level even the ILO
and the UN Human Rights
Agencies described as sub-
human wages. Contrast that
with Grand Bahama and real-
ize a Dubai-West is certainly
questionable. It is acknowl-
edged Dubai without this
cheap exploited labour the
boom would never have
occurred.

The Fleming advisers are
promoting again an LNG Ter-
minal for Freeport although
in the past prior to the loss of
the FNM in 2002 Mr Ingra-
ham had conditionally issued a
Letter of Intent subject to ver-

ification of feasibility - we.

need guarantees as to the
Environment Impact and
Safety it has to be said in the

’ long and public debate

between 2002-2007 certainly
the proposers of LNG did not

get too much comfort from *

that debate. If one accepts the
US standards set out by their
agency - FERGS for public
safety around an LNG Termi-
nal you need a minimum safe-
ty-zone of 2.5 miles between
the terminal other commer-

. cial or residential develop-

ments - I ask you where with-






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letters@tnbunemedia.net

in the Freeport Zone can this
occur? The other alternative
site - Riding Rock those oper-
ators of the oil transshipment
facility have never had it so
good with the current price of
crude and refined fuels.
Then we hear about a new
refinery - firstly I am very con-
cerned as to the existing
known environmental damage
that through the past opera-
tions of BORCO is alleged to

~ have already occurred and

even after substantive inves-
tigation and the writing of a
report to Government there
has not been any clean-up. I

further ask with the price of ©

oil as it is and there does not
seem to be any respite that for
the foreseeable future the
basic price will come down
why should the new owners
or even operators even see
any feasibility in expending
billions to clean-up the BOR-
CO site and then build a lim-
ited capacity refinery when
just being a transshipment
depot you can reap millions
in profits? The sale of BOR-
CO shares and the purchasers
liability today to a higher
stamp tax might scuttle that
deal anyway.

The ownership question?
Attorney Greg Moss contin-
ues to raise the question
whether the Government of

.The Bahamas owns 7 per cent

of GBPA? With ownership
comes responsibilities and lia-

‘bilities with a potential where
Fleming might own 50 per

cent (subject to the current lit-
igation) possibly having
acquired the Hayward shares -
the Estate of St George/Lady
Henrietta owning the other 50
per cent not forgetting that in
the land ownership Hutchi-
son-Whampoa owns. 50 per
cent one wonders and ques-
tions whether these potential
shareholders in the mix of
everything are even possibly
compatible? There could be

another scenario where
Hutchison would end-up
being the majority and
Freeport would become a
proverbial company-town.

Yes we hope someone will
come along with a lot of
investment moneys —
approach the issues correctly
and only will get involved in
public relations once they
have acquired the GBPA - we
then need assurances from
Government that a full secu-
rity investigation at an Inter-
pol level, needs to be run on
the parties so we know before
the Government okays the
deal who we are dealing with. .

Previous letter writers have
already said enough what they
found after checking the inter-
net - I am disappointed that’
the Fleming Group have
remained silent on those ques-
tions and I am disappointed
that the Freeport News has
not engaged in a series of
investigative reports as there
certainly is, to me, enough to
question Fleming about: their
past and who they have been
associated with.

Before I close - I put to you
if certain very committed GB
investors were so confident of

_the immediate and long term

future of GBPA would they
have one of their investments
up for sale (US $800 million)
at this time?

I do not want to dampen the
potentials but we the Freeport
Community need to’ know a
lot more about Fleming, who
wants to own where we live,
be the regulator of our busi-
nesses and the manager of our
Community. At this time
there are far too many prover-
bial i’s to be doted and t’s to
be crossed to make a rational
decision and have an educated
community.

Editor - it is time you used
the power of the Freeport
News to investigate.

M COOPER
Freeport,
Grand Bahama,
April 10, 2008.

KALLIOPE KLONARIS, 93

uneral services for Kalllope Klonaris, formerly of Lyford

‘ay, New Providence, Bahamas will be held at the Greek
Orthodox Church of the Annunciation, West Street at 10 a.m.
on Tuesday, 22nd April, 2008. Internment will follow at the
Ebenezer Methodist Church, East Shirley Street.

Kalliope is survived by her sister Kalotina Karavokiros of
elsinki, Finland, her four sons Anthony, Nicholas, Charles
nd John and their respective wives, Kathryn, Pamela J.,
‘amela L. and Carmen, nine grandchildren, Mike Anthony
nd Kristina, Tara and Mike, Leah and Kally, Nomikos and
lexander, Sean, one great grandchild Robert Holcombe, one

granddaughter-in-law Arantxa Klonaris and one grandson-

in-law Mark Holcombe.

Kalliope was predeceased by her

husband Nomikos Klonaris founder of Mike’s Shoe Store.

She will be sadly missed by her faithful caregivers Cynthia
and Minerva Santos and Adee Baptiste and numerous family
members and friends in Finland, Greece and The Bahamas.

May her memory be eternal.

In lieu of flowers, donations may be made to “The Greek
;, Orthodox Church” in memory of Mrs. Kalliope Klonaris c/o
- P.O. Box N-7776(514), Nassau, Bahamas.





THE TRIBUNE ; MONDAY, APRIL 21, 2008, PAGE 5
NEWS



Hele;

en ees oo Ree ee ee a
© nbriee PM Opens multi-purpose





Coast Guard |
rescues men
who treaded
water for
three hours

@ CLEARWATER,
Fla.

COAST GUARD
officials say two
boaters were rescued
after they were ,tossed
from their vessel off
Clearwater Pass in the
Gulf of Mexico,
according ‘to ‘Associat-
ed Press.

The Coast Guard
says Gary Allan Platt
of Clearwater and
George Johnson of
Palm Harbor had been
treading water without
lifejackets for about
three hours before
they were found yes-
terday.

Wave

Platt told investiga-
tors that he and John-
son were ejected from
their 23-foot boat
when it hit a wave at
about 11 a.m.

The Coast Guard
received a call froma
boater who reported
an empty vessel travel-
ing in circles, and the
search began.

Rescuers pulled Platt
from the water at
around 2:10 p.m., and

.Johnson was found
about 15 minutes later.

After they were
recovered, the men
were taken to a hospi-
tal, then released.

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PRIME MINISTER Hubert Ingraham delivering the keynote addre
at the official opening of the Gateway Outreach Ministries Sporting
Arena in Porgy Bay, Bimini.









lm By LINDSAY
THOMPSON

PORGY BAY, Bimini - The
government is committed to
promoting sports as an activity
which is important to the health
of all Bahamians, said Prime
Minister Hubert Ingraham as
he officially opened Gateway
Outreach Ministries Sporting
Arena on this historic game-
fishing island.

“Here in Bimini you have
constructed a facility which will
promote healthy lifestyles, and
at the same time you are lead-
ing the way in highlighting for
all Bahamians the benefits
which communities can derive
from community-led voluntary
efforts,” he said.

The opening of the state-of-
the-art multi-purpose arena
highlighted “the need” for such
facilities in other Family
Islands, he added.

The gymnasium is a multi-
purpose arena to facilitate high

- THE, GATEWAY Outreach Ministries Sporting. Arena:was officially opened on Thursday, April 17, in Porgy Bay, Bimini. Prime Minister
;, Hubert Ingraham. delivered the keynote address. From left: Prime Minister Ingraham; Minister of State for Legal Affairs Desmond Bannister;
_Minister of State for Youth and Sports Byran Woodside; Senator Kay Forbes-Smith; and MP’ for West End and Bimini Obie Wilchcombe.

sporting arena in Bimini

Venue to facilitate high school,
professional basketball teams

school and professional bas-
ketball teams. It houses a fit-
ness centre and health food
store, a sports shop, beauty
saloons, game rooms and apart-
ments.

Community

“This sporting arena is
beyond what many would have
thought possible in this small

. community. Indeed, there is no

other anywhere in The
Bahamas. In my view, it is a
one-of-a-kind gym in The
Bahamas,” the prime minister
said.

Led by Apostle Gilbert
Rolle, Gateway Ministries start-
ed on August 15, 1998, in the

_dining room of All My Chil-

ey

orolae.;

GET NOTICED

dren Hotel. A week later, Gate-
way Outreach Ministries was
officially commissioned for ser-
vice by Apostle Ricardo O
Grant of Universal Household
of Faith.

The ministry then expanded
to the Gateway School of Bib-
lical Studies, the Gateway
Christian Academy Kinder-

‘garten and Pre-School, the

sanctuary, and the Gateway .
Christian Academy.

“Pastor Gilbert was not
always a good Samaritan He
made a change in his life and
determined to make a differ-

‘ence in the life of many here in

Bimini. And he is positively
impacting this community,” Mr

* Ingraham said.

Worthwhile

“Through his ministry, Pas-
tor Gilbert is providing the
young people of Bimini with an
alternative mode of behaviour;
a different way of thinking — a
way that is law-abiding and self-
affirming and worthwhile.”

‘Further commending Apos-
tle Rolle on his work, Mr Ingra-

* ham said: “I applaud and com-

mend all those connected to
Gateway Outreach Ministries.

“T am pleased indeed that
you have done so much to
respond to the needs of this
community.”

It is hoped that the facility
will accommodate concerts,
conferences and weddings. It is

‘also hoped that the island

becomes the model for the con-
struction of similar facilities
throughout the country.

Minister of State for Youth
and Sports Byran Woodside,
Minister of State for Legal
Affairs Desmond Bannister and
Senator Kay Forbes-Smith
accompanied the prime minis-
ter.





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PAGE 6, MONDAY, APRIL 21, 2008

¢

THE TRIBUNE



Officials study
soil samples
to aid farmers

@ KINGSTON, Jamaica

Jamaican officials say they are
analyzing soil samples from
across the island to determine
prime locations for certain crops
and help farmers boost produc-
tion. Agriculture Minister
Christopher Tufton says he
wants to make sure farmers
grow the right crops to ensure a
robust harvest. A government
statement released Friday did
not say how much the studies
will cost.

Tufton says he has also allo-
cated US$2.8 million (euro1.8
million) to repair rural farm
roads. About 17 percent of
Jamaica’s 2.8 million residents
work in agriculture, producing
mainly sugar, bananas, coffee
and citrus fruits.



Laing: Bahamas considering more

global trade deals than ever before

Integration of markets ‘unavoidable’

Patrick Hanna/BIS



MINISTER OF STATE far Finance Privaig Laing speaks at the
launch of FamGuard Corporation Limited two new subsidiaries F G
Capital Markets Limited and F G Financial Limited.

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GLOBAL circumstances
have made the Bahamas ‘con-
sider participating in more inter-
national trade arrangements
than ever before, Minister of
State for Finance Zhivargo
Laing said.

He said that the country can-
not avoid the “determined
move” towards the integration

- of markets and an increase in

cross-border trade in goods and
services.

Mr Laing was speaking at the
launch of two new subsidiaries
of the FamGuard Corporation
Limited, and said that the move
shows the company is “strategi-
cally determined to respond to
such a global reality.”

He.said it also shows that
FamGuard is determined to

Betty Taylor

Journalist / Entrepreneur

broaden the range of financial
services it provides. “Just overs
two years ago FamGuard initi-
ated a new phase in its devel-
opment with a strategic alliance
with Sagicor Financial Corpo-
ration which enabled it to
enhance its technical operations
and broaden the range of prod-
ucts it could offer,” Mr Laing
said.

“I commend this company for
their vision and all other
Bahamian companies so posi-
tioning themselves in that
regard.”

President and CEO of Fami-
ly Guardian Insurance Compa-
ny and President of FamGuard
Patricia Hermanns said the two
new companies have been cre-
ated to facilitate the company’s

“Those who struggle
honestly in life, by

swimming in deep _
waters, climbing high
mountains and
standing against the
strong winds,will ©
receive the best that

life has to offer.)



PETER THOMAS

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launch into the soe and
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ucts that are designed to appeal
to individuals trying to secure
their financial future and also
for companies offering or con-
sidering offering group pension
benefits for their employees.

“While the companies and
products offered are new, Fam-
Guard through its subsidiary
Family Guardian has for the
past 43 years been continuously
engaged in helping Bahamians
protect themselves against risk
of untimely demise or ill
health,” Ms Hermanns said.
“These products will broaden
that perspective by assisting the
public in managing the finan-
cial risk inherent in living
longer.”

Chairman and one of the
founders of the FamGuard Cor-
poration Limited Norbert
Boissiere said Family Guardian
Insurance was created to serve
low to middle income house-
holds who wanted a safe way
to build savings, offering
endowment policies and life and
medical plans.

Mr. Boissiere explained that
at one point the company grew
to have offices in other
Caribbean countries, but
because of “localisation of the
insurance industries in the
Caribbean, Family Guardian
determined it should focus its
energies on growth in the
Bahamas”.

He said the company has
grown from being Family
Guardian, Insurance to the
broader umbrella called Fam-
Guard, which was formed as a
holding company in 1984 and
now has assets in excess of $150

_ million.

In 1998 FamGuard became a
public company with an initial
public offering at $3 a share and
was one of the first companies
listed with the Bahamas Inter- -
national Securities Exchange
and today its shares are tr ading :
at almost $8.

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H AN CE



THE TRIBUNE MONDAY, APRIL 21, 2008, PAGE 7

a ee a
In brief Minister wants moratorium on

Pope blesses ,



ground zero —

in New York

m@ NEW YORK

POPE BENEDICT XVI
began the final day of his
American journey by blessing
the site of the Sept. 11, 2001,
terrorist attacks on the World
Trade Center and pleading
with God to bring “peace to
our violent world.”

The visit by Benedict to
ground zero was a poignant
moment in a trip marked by
unexpectedly festive crowds
anxious to see the former aca-
demic who for three years has
led the world’s Roman
Catholics, according to Asso-
ciated Press.

Benedict was driven in the
popemobile part-way down a
ramp now used mostly by
construction trucks to a spot
by the north tower’s footprint.
He walked the final steps,
knelt in silent prayer for a few
moments, then rose to light a
memorial candle. _

Addressing a group that
including survivors, clergy and
public officials, he acknowl-
edged the many faiths of the
victims at the “scene of
incredible violence and pain.”

Prayed

The pope also prayed for
“those who suffered death,
injury and loss” in the attacks
at the Pentagon and in the
crash of United Airlines
Flight 93 in Shanksville, Pa.
More than 2,900 people were
killed in the four crashes of
the airliners hijacked by al-
Qaida.

“God of peace, bring your
peace to our violent world,”
the pope prayed on a chilly,
overcast morning. “Turn to
your way of love those whose
hearts and minds are con-
sumed with hatred.”

Benedict invited 24 people
with ties to ground zero to
join him: survivors, relatives
of victims and four rescue
workers. He greeted each
member of the group individ-
ually as a string quartet
played'in the background.

In his prayer, he also
remembered those who,
“because of their presence
here that day, suffer from
injuries and illness.”

New York deputy fire chief
James Riches, father of a fall-
en Sept. 11 firefighter, said
the pope’s visit was important
and gave him “a little consola-
tion.”

Hundreds of people stood
just outside the site, behind
police barricades, hoping for a
glimpse of the pope.

The site where the World
Trade Center was destroyed is
normally filled with hundreds
of workers building a 102-sto-
ry skyscraper, a memorial and
transit hub.

It bears little resemblance
to the .debris-filled pit where
crews toiled to remove twist-
ed steel and victims’ remains.

The remains of more than
1,100. people have never been
identified.

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AGRICULTURE and Marine
Resources Minister Larry Cartwright
wants a moratorium on the impor-
tation of certain kinds of souvenirs.

He was the guest speaker as the
Bahamas Agricultural and Industri-
al Corporation (BAIC) turned out
another 73 persons trained in straw,
coconut, and shell craft, and food
preservation during ceremonies over
the weekend. :

“Based on the first class work
being produced by Bahamians,” said
Mr Cartwright. “I am convinced that
the time has come when a moratori-
um can be placed on the importation
of certain souvenir items that come
into our country daily.

“As more items are produced by
more of our graduates, there will be
no reason why our visitors will not be
able to find Bahamian-made items to
take home as souvenirs.”

The minister was accompanied by
BAIC executive chairman Edison
Key, general manager Benjamin
Rahming, assistant general manager
Donnalee Bowe, board member
Dyllis Smith and chief councilor Ian
Knowles. '

Administrator Roderick Bowe
was the master of ceremonies.

The trainers were senior food
technologist Keith Daley, April Mar-
tin-Fox (shell), Elsie D Knowles
(straw), and Howard Jean Bevans
(coconut).

Mr Cartwright noted that among

the graduating class were many .

young people who added talent, flair

and originality to the Long Island
style.

“Tomorrow’s shoppers can be
assured that not only would they be
supporting home industry but they
will also be getting a quality prod-
uct,” he said.

The minister said he will be seek-
ing government’s support for the
establishment of craft centres
throughout the islands.

“Our tourists want something
made in the Bahamas to take home
with them,” said Mr Cartwright. “A
large amount of money is being

_ spent overseas purchasing souvenirs

for our tourists. That should not be.
That money could be spent right
here in the Bahamas in support of
our own industry.”

Land

-He agreed with crafts persons that
land must be reserved for the culti-
vation of the top palm tree from
which Bahamian straw goods are
made.:

Crafts persons raised concerns
that these trees are being destroyed
by foreign developers who do not
know their value.

Mr Key. encouraged Long
Islanders to join BAIC’s national
food security objective.-

“The main vehicle we intend to
use to achieve this is by empowering
you in the art of food production,”
he said.



SEVENTY-THREE Long Islanders (pictured) received their certificates in straw, shell,and coconut craft, and

food preservation during ceremonies last weekend.



computers



anniversa
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a) Ef





We are also pleased to announce
_ the addition of a toddler
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copiers



















“Bahamians have a hearty
appetite and feeding this nation and
its millions of tourists is a lucrative
endeavor.”

He said foreign dealers have gone
rich from “the many millions of dol-
lars we spend each year importing
food products.

“The fact of the matter is
that most of those food products can
be produced right here in Long
Island and other parts of the
Bahamas.

“That being the case, it is our
desire for those millions of dollars to
start flowing directly in your pock-
ets.” :




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importation of some souvenirs

| SOUVENIRS of
various styles
and fashions

| were on display
| at the Long

| Island BAIC
craft ceremony.

Gladstone Thurston/BIS "










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PAGE 8, MONDAY, APRIL 21, 2008

@DELTA

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THE TRIBUNE



The Bahamas National Trust appoints
warden for Abaco National Park system

THE Bahamas National Trust
has hired David Knowles as the
New warden for the national
parks on Abaco.

Mr Knowles is well known to
the Abaco community, having
headed the Department of Agri-
culture there since 1999.

He is also a board member of
Friends of the Environment, an
Abaco-based environmental
NGO.

“We feel that Mr Knowles
brings a wealth of experience to
the position. He has worked with
the BNT and Friends of The
Environment on wildlife and con-
servation management issues
specifically concerning the
Bahama Parrot and invasive
species,” said Lynn Gape, BNT
deputy executive director.

Mr Knowles has also addressed

concerns and issues related to the

management of the pine forest in
the absence of a forestry officer
for Abaco.

The BNT said he has been a
leader in the organisation and
implementation of various meet-
ings and workshops on the use of
fire as a management tool for

ans
nae

DAVID KNOWLES is the new warden fo

plan and education programme
will be among Mr Knowles’ tasks.

the endangered Bahama Parrot
on Abaco.

é national parks on Abaco

conservation and protected areas.
The 20, 500 acre Abaco
National Park encompasses a



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“David will become our envi-
ronmental liaison with Abaco
community. said Eric Carey, BNT



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Researchers found 45,084 nests for the threatened turtles, down more
than 4,600 nests from 2006, according to newly released statistics from the Flori-
da Fish and Wildlife Conservation Commission. Florida accounts for 90 per-

cent of the nation’s loggerhead nests, which have decreased by nearly half since.

1998, when the state reported 85,988 nests. Loggerhead sea turtle deaths in
Florida have more than doubled during’ the past decade, statistics show.

“Data collected during the 2007 season indicate the lowest nesting levels
in Florida” in the history of the monitoring program, said a report on the com-
mission’s Web site.

While the number of loggerhead nests has been shrinking, green and
leatherback turtle nests are showing an increase, in many cases at the same
beaches. There’s no simple answer for this disparity, said Anne Meylan,
who coordinates the statewide nesting beach survey program. Disease, oil
spills, red tide ‘and boat collisions kill many sea turtles, and beach development
can disturb all wildlife, she said.

One factor that could be affecting loggerheads more than other sea turtles

is shrimp boat nets and long-line fishing hooks. Loggerheads eat shrimp -

and other hard-shelled invertebrates, whereas other sea turtles do not.

A tule was passed several years ago requiring shrimp fisheries to use nets
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to 30 years to begin reproducing, it could be decades before the effect of that

Caribbean Bottling Co. (Bah.) Ltd
Is seeking candidates for the position of
Marketing Brand Manager

Responsibiliti , ction include but are not limited to:

Development of an annual marketing plan in conjunction with the sales.
department, detailing activities to follow during the fiscal year.

Manage the Marketing budget and delivery of all market related activity
within the agreed budget. »

Analyzing potential partner relationships for the company’s product lines.
Conduct market research supported by on-going visits to customers and non
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executive director. “The Abaco
National Park has amazing poten-
tial as a recreational and educa-
tional resource and we will be
looking to David to work with
the people of Abaco so that the
resources in the park are protect-
ed but able to be enjoyed and sus-
tainably used by the communi-
ty.”

Mr Knowles’ major focus will
be implementation of the man-
agement plan for the Abaco
National Park, but he will also be
the point of contact for the Peli-
can Cays Land and Sea Park,
Black Sound Cay Reserve, Tilloo
Cay National Park, and Walk-
er’s Cay Marine Park. |

BNT’s conservation work in
Abaco is supported by funds
committed to the BNT in June
2007 by Discovery Land Compa-
ny (DLC), developers of the Bak-
er’s Bay Golf and Ocean Club at
Great Guana Cay, Abaco.

The company has pledged
$200,000 annually for the first
three years, with the possibility
of a second three year grant to
follow.

The Bahamas National Trust
is the organisation mandated to
manage the national park system .
of the Bahamas.]

The five national parks;on
Abaco are part of 25 park system
that protects the marine and ter-
restrial biodiversity of the nation.

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THE TRIBUNE



MONDAY, APRIL 21, 2008, PAGE 9

Ey We TAM r Tete aCe

MINISTER OF Education, Youth, Sports and Culture Carl Bethel speaks to the recipients of the Minister of
Education Literacy Awards during a courtesy call at the Learning Resources Section on Mackey Street.

School is close

o completion o

IB Study Centre
construction

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

FREEPORT -— The Lucaya
International School has
announced that it expects to
complete construction of its
new International Bacculau-
reate Study Centre this sum-
"mer.
The centre is being built

‘next td’ LIS' on five acres of

land off Midshipman Road.

LIS director Mark Gifford
said its IB programme offers
' students the opportunity to
obtain a good foundation for
university and college pro-
grammes.

LIS started the IB pro- |

gramme in September 2004
and has seen a gradual

increase in enrollment over.

the years.

As a result, the school com-
menced an expansion project
which includes construction of

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classrooms, a study room and
a teachers’ office.

Mr Gifford said the facility
is expected to be finished by
May or June, and open in time
for the start of the academic
year in August.

He said the IB course is a
demanding and highly respect-
ed international qualification
which is accepted by universi-
ties around the world.

Students
He said it also contains a
required community service

component to make students
fully rounded individuals.

According to Mr Gifford,

participation in the pro-
gramme places LIS graduates
in an excellent position to take
advantage of opportunities
abroad.

He also noted that a grow-
ing trend at the school is the
enrollement of students who
have already graduated from
other local high schools on the



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island.

“There are a lot of parents
who feel that 17 is too young
for their children to leave and
go abroad. Our programme
allows the students to develop
in maturity, and then go on
directly into a college pro-
gramme with college credits
already in hand.”



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PAGE 10, MONDAY, APRIL 21, 2008
Laie ees es ee eee ee ee
Cuban golf plans

FROM page one

Economic Co-operation,
Anaisa Rodriguez, said the
new direction is part of an
overall tourism strategy being
rolled out by the government.

According to the official, fig-
ures reveal a golfing market
worldwide that is growing by
five per cent each year.

This fact, bolstered by analy-
ses indicating that Cuba’s visi-
tors are looking for greater

recreational opportunities and
observations of the burgeon-
ing golfing market in nearby
Caribbean destinations such as
the Dominican Republic, has
inspired the new direction, she
suggested.

“At the moment, Cuba does-
n’t have the diversity to offer
in terms of golf courses,” said
Ms Rodriguez. “We have only

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one course, located in
Varadero (an area just outside
of Havana).”

Golfers get bored of playing
the same courses and are pre-
pared to travel “long dis-
tances” to satisfy their taste
for new sporting challenges,
noted the director.

Around the courses, the gov-
ernment hopes that marinas,

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new hotels and housing will be
built.

Ms Rodriguez said that also
included in the strategy is the
assumption that at some time
in the future, more American
tourists will be able to visit the
island and take on the courses.

“In the shorter term, we can
count on the Canadians and
Europeans,” she added.

The cost of the project will
be “significant”, running into
hundreds of millions of dollars
and the government is being
very careful with its selection
of foreign investment partners.

Asked who these partners
might be, the director was cir-
cumspect, explaining that if
that information was made
public, the investments may be

threatened as a result of US
pressure on those entities to
rethink their economic co-
operation with the communist
isle.

“There are examples of
enterprises in Cuba that have
been pressured by the United
States, and they had to pull
out,” she said.

Tourism numbers in Cuba
this year compared to the same
period a year ago are already
up, partly thanks to the partic-
ularly harsh winter weather in
Canada, said the official.

At present, Havana is
bustling with visitors from all
over the world, who are lap-
ping up the impressively reno-
vated hotels, museums, bars
and restaurants that have

THE TRIBUNE

resulted from the ongoing
UNESCO and tourism rev-
enue funded restoration of the
city.

While Old Havana was ini-
tially declared a UNESCO
World Heritage Site in 1984,
the project was suspended in
the 1990s after the collapse of
the Soviet Union and the elim-
ination of its significant eco-
nomic support for the Cuban
government precipitated an
economic crisis.

However, substantial work
has now been completed and
today visitors are treated toa
plethora of beautifully and cre-
atively resurrected buildings
which still preserve the aes-
thetics and ambience of the
swinging pre-revolutionary era.

Violent threats against bishop

after call for murders update

“We know it is someone very close to Harl
Taylor and Dr McDonald. We are looking at-all
the associates of these two men. In some cases, we

FROM page one

month, he said that investigations into the murder
are ongoing, as there is no statute of limitations i in

capital offences.

His officers, said Mr Ferguson at the time, were
still exploring information about the case, but
they were not in a position to make any arrests.

Several days later, in an interview with The
Tribune, Asst Supt Leon Bethel, head of the
homicide squad, said that all they need is the
vital breakthrough. to match with their solid foren-

sic evidence.

ASP Bethel said the killings, especially in the
case of Dr McDonald, were unlikely to have been
‘ premeditated.
“T don’t think this is the work of a peyehopath®
he said, “I don’t think they were planned. That is
what the crime scenes told us, especially the first .

one (McDonald).

FROM page one

Honduran man - Ivan Lopez -
were discovered.

They were brought by the’

Royal Bahamas Defence to the
Nassau Harbour Patrol Unit
dock at around 6.30pm yester-
day.

While the two Haitians
received medical attention, 27-
year-old Mr Lopez, who did not
ask for immediate medical care,
gave his account of how he
became involved in the tragedy.

The Nassau resident said he

’ was returning from a conching

trip in the Berry Islands when
he saw an “Intrepid” type boat
carrying a large group of over
20 people “taking on water”.

He said he assisted those on
board with their pumping effort
by lending a battery and pump,
but this proved unsuccessful and
the boat sank around two hours
later. “They were already too
far gone,” he said.

According to Mr Lopez,
those onboard then swarmed
his 14-foot fishing boat, caus-
ing it to go under, leaving him
and the rest of the group adrift

‘in the open ocean.

From this point, at around
10pm, he said he set off swim-

_ ming, with the intention of seek-

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have spoken to them two or three times.”
Dr McDonald, a professor at the College of

the Bahamas, was found beaten to death by mul-

tiple blows to the head from a clothing iron on
November 16 last year at his Queen Street home.

Taylor’s body was found two days later at his
home at Mountbatten House in West Hill Street.

Despite the threats against the life of Bishop
Hall, he also said in the letter that he has received
support from some in the gay community after his

public statements.

“Since I raised the Harl Taylor/Thaddeus
McDonald murders, I have'received several pos-

itive calls. One man with an obvious queer voice

said.

son yesterday.

commended me and told me I must stay on it,” he

The Tribune was unable to reach Mr Fergu-

20 feared dead.
in boat tragedy

ing help.

“T said they had a better
chance if they didn’t get in the
boat,” said Mr Lopez. “T tried to
tell them to line up around the
boat and hold on to the boat so
it would stay afloat, but they
just climbed on.”

One other person - a Haitian
man who was one of those who
survived and was brought to
Nassau harbour with him yes-
terday afternoon at around

6.30pm.- swam-‘with, him.to.try ; .

to reach the shore.’

Separated from the rest of the
group, the pair remained in the
water fighting a strong tide until
they were picked up at around
5pm yesterday and were reunit-
ed with the Haitian woman who
had already been rescued.

Their discovery was just one
stage in a search-and-rescue
operation which began at
around 5am yesterday when a
boat, “Deep Drop”, travelling
about 14 miles off the western
end of New Providence, report-
ed “hearing voices in the
water.”

Police said the boat then car-

ried out a search in the dark,
but could not see anything.

“They made contact with
BASRA who were assisted by
the US Coast Guard. Immedi-
ately, responding agencies con-
ducted a search and found five
bodies floating in the water,”
said police.

How the bodies - which were
immediately taken to a dock in
Lyford Cay to await the police -
came to be in the water
remained shrouded in. mystery

‘until the three survivors found

later in the day were brought
into Nassau Harbour yesterday
evening.

Chief Petty Officer McKin-
ney said there was no sign of
any boat debris in the water, or
an oil slick that might usually
result from the sinking of a
motorboat.

A translator from the immi-
gration department, along with
police, medical personnel and
defence force officers met the
survivors at the Royal Bahamas
Defence Force’s Nassau Har-

-bour Patrol Unit when they

arrived on an RBDF vessel.

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THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 11



Ambassador: no information —
of plans to downgrade
Bahamian embassy in Cuba —

FROM page one

ed to a consulate, Carlton
Wright said he heard the
comments “through the
grapevine” but had never
been directly engaged by the
government on the issue.

“All we know is that he’s
expecting us:to do a very
good job while we are here,”
said his wife, Mrs Wright,
also the,embassy’s cultural
and educational attaché.

Speaking in the House of
Assembly after the embassy
was officially opened by then
foreign minister Fred
Mitchell in 2006, Mr Ingra-
ham said the “most critical
relationship” The Bahamas
has outside its borders is with
the United States.

While the FNM would like
to “maintain” relations with
other countries, he said the
FNM would not “risk” US-
Bahamas relations “to cosy
up and be friends with
Cuba.”

However, in an interview
with The Tribune at the
embassy —-which has under-
gone a transformation in the
last 21 months from an emp-
ty building to a plush diplo-
matic stronghold - Mr Wright
and his wife said their ser-
vices had been in demand
and -Bahamians had
expressed satisfaction in hav-
ing someone to turn to when
in Cuba if necessary.

“We do perform a valuable
service here,” he said, later
emphasising, however, that
as prime minister, Mr Ingra-



_ The Company

ham can “do as he sees fit.”

The ambassador said that,
in his opinion, governments
do not necessarily have to
agree with all of the policies
of another in order to engage
diplomatically for their mutu-
al benefit.

“The thing about interna-
tional relations is it doesn’t
necessarily mean that you
agree with or approve of
what’s happening in any
country, but that that's the
government in charge, ‘(so)
let’s do business’."

Cuba is the Bahamas’ near-
est neighbour. From the
Bahamian island of Cay
Lobos to Cuba is less than 30
miles, and from Great
Inagua, 60.

Six days of the week there |

are flights from Nassau, and
Mr Wright claims that the
Cuban government recorded
60,000 visits by Bahamians to
the island last year.

Assisting some of these
Bahamian visitors, prisoners,
students, recipients of Cuban
healthcare, investors, cast-
aways and culture-seekers
has kept the pair busy, the
Wrights said.

They recalled one of their
more unusual encounters as
involving several Bahamians
who were shipwrecked off
the Cuban coast.

“They washed up on the
shore. We have had to, once
we have verified their identi-
ty, issue them with emer-
gency passports to get
home,” explained the ambas-
sador. ;

Additionally, Mr Wright

said that with the presence
of a “very, very large” diplo-
matic corps in Cuba this has
allowed his work to incorpo-
rate “building bridges” not
only between the Bahamas
and Cuba but beyond.

At present Cuba is hosting
11 Bahamian prisoners, all
found guilty of drug-related
offences, which carry partic-
ularly heavy penalties on the
island, and last year close to
35 students, primarily of
medicine, graduated from
some of the island’ s many
universities.

This year, several young
Bahamian doctors have
returned to take up their
‘speciality’ training and there
are around ten new students.

Mrs Wright says that she
believes the Bahamas and
Cuba can learn a lot from
each other in many areas -
particularly arts and sport -
with their presence. in.the
country better facilitating
such exchanges.

“T lived in New York, so I
know what it’s like to be in a
cultural mecca, but I must say
for an island I would say it is
number one,” she said.

“Here you can find every-
thing. And not only that, but
it’s the level. They believe in
perfection.”

Last year, Mrs Wright
arranged for two skilled
Cuban musicians to visit the
College of the Bahamas, and
in May, around 30 students
from the College are expect-
ed to visit Cuba to take part
in a total immersion Spanish
course.

‘Senior IT Administrator

_ Bahamas Automated Clearing House Limited (B.A.C.H. Ltd) has been established to
_ own and operate the Automated Clearing House (ACH) 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

_ This is a critical position accountable for the health and availability of the ACH
system. A proactive approach to the maintenance of the infrastructure will be

- essential as downtime will not be an option. The position will be wide ranging and it
will include technical security management, management of the daily cycle of the

_ system, resolving escalated incidents, Bee continuity planning and providing IT

_ strategic advice.

| ‘Specific Responsibilities Include:
' [1 Administration/ Helpdesk management:

_ Management:

| Project
_ Management:

Daily cycle management
Planning and implementing server & software upgrades
System tuning to optimize performance

Assist with the management of the remaining technical
project activities to ensure that the ACH goes “live” on the
due date

Manage the technical implementation of Phases 2 & 3 of

~ Planning/
__ Development:

the ACH Project

Develop IT policies, procedures and specifications
' Contribute to plans for the future development of the ACH
service

> Perform trend analysis of reoccurring operational problems

to provide innovative solutions for improvement
_ Skills & Experience required: |
_* 5 years + experience working at a senior technical level in a commercial
-' Microsoft networking environments

Strong technical understanding of Cisco switches, routers & firewalls

Strong knowledge of communications and security issues

Experience with Microsoft SQL Server

Excellent customer service, analytical and problem solving skills

Microsoft and Cisco certifications ideal

How to Apply

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 résumé to Caroline Moncur at caroline@providencetg.com no later
_ than Friday, 25 April. Alternatively, please call Caroline on (242) 393 8002 for a

~ confidential discussion.

Bank of the Bahamas International

Citibank, N.A.

Commonwealth Bank Limited

Fidelity Bank (Bahamas) Limited

FirstCaribbean International Bank
(Bahamas) Limited

RBC Royal Bank of Canada

Scotiabank {Bahamas} Limited



FROM page one

The continued prosecution of the petition,
said Mr Collie in the filing, is an “abuse of the
process of the court as the petitioner is unable to
adduce evidence against the admission or rejec-
tion of any vote.”

The Blue Hills challenge is the third such
petition filed by the PLP after the May 2 general
election last year.

Allyson Maynard-Gibson lost her bid to
regain the Pinewood seat she lost by 64 votes in
the first such case.

After 110 votes were thrown out by the Elec-
tion Court, Byran Woodside’s margin of victo-
ry was only reduced to 49 votes from 64.

Since the announced date for the three cases
— Marco City is ongoing and Blue Hills was
scheduled to begin at the end of this month — Mr
Miller has made statements in the media that
indicate he has lost interest in pursuing the seat

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PAGE 12, MONDAY, APRIL 21, 2008

B BEWING

FRESH anti-Western
protests flared in several Chi-
nese cities Sunday as people
vented anger over pro-Tibet
demonstrations along the
Olympic torch relay. State
media appealed for calm in an
apparent attempt to dampen
the nationalistic fervor, accord-
ing to Associated Press.

Over the weekend, protest-
ers waving Chinese flags have
rallied in front of the French
Embassy in Beijing and at out-
lets of French retailer Carrefour
in nine cities across the coun-

. try. They have threatened boy-
cotts of the retailer, whom they
accuse of supporting the Dalai
Lama, Tibet’s exiled spiritual
leader — a charge Carrefour
denies.

_A front-page editorial in the
People’s Daily newspaper, the

nese Communist Party, called
for calm,.urging people to cher-
ish patriotism “while express-
ing it in a rational way.”

“As. citizens, we have the
responsibility to express our
patriotic enthusiasm calmly and
rationally and express patriotic
aspiration in an orderly and
legal manner,” the commentary
said.

Relay

The editorial seemed to
reflect concern among China’s
leaders about 'a growing anti-
Western backlash, fueled by
anger over the demonstrations
in Paris, London and San Fran-
cisco during the Olympic torch
relay. The relay has become a
magnet for protests against Chi-
na’s rule in Tibet and its human
rights record.

Barry Sautman, a political sci-
entist at the Hong Kong Uni-
versity of Science and Technol-
ogy, said the government is try-
ing to rein in the demonstra-
tions in order to ensure calm
and project an inviting image
ahead of the Beijing Olympics
in August.

“That’s why they want
demonstrations to be very
short,” Sautman said. “They
want to wrap them up as soon

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official mouthpiece for the Chi-

THE TRIBUNE

China appeals for calm after

anti-Western demonstrations




“Color China Photo/AP

CHINESE STUDENTS and citizens chant slogans and hold up hanitats
against France in front of a French Carrefour supermarket in Xi'an,
northwest China's Shaanxi province Sunday, April 20, 2008.

as possible so they can go on to
restore the image of China as
welcoming to people around the
world.”

He said that Beijing’ s move
to rein in the budding national-
ism follows similar patterns seen
in the past, such as in 1999 when
anti-U.S. outrage erupted, after
the bombing of the Chinese
embassy in Belgrade and in
2001 when a U.S. spy plane col-
lided with a Chinese fighter jet.

“The government allows peo-
ple to vent their spleen but then
immediately reins it in,” Saut-
man said. “They are certainly
afraid it will go too far.”

On Sunday, more than 1,000
demonstrators carrying banners
gathered for a second day in the
tourist city of Xi’an in front of a
Carrefour, chanting “Oppose

Tibet Independence,” “Go Chi- .

na,” and “Condemn CNN,” the
official Xinhua news agency
reported.

Protests also continued in
central Wuhan for a second day,
when another 2,000 people,
mostly students, waved the Chi-

‘nese flag and sang the national

anthem.

Rallies also were staged in
the cities of Harbin, Dalian, and
Jinan. An estimated 1,000
demonstrators blocked -traffic
in Dalian, while another 1,000
protesters in Harbin held up at
a 33-foot-long banner in sup-
port of the Olympics, Xinhua
said.

inne reported that one

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protest organizer in Xi’an, iden-.
tified as Wu Sheng, said the
demonstrations were not nec-
essarily aimed at pushing cus-
tomers to boycott Carrefour.

“We do not support a boy-
cott of French’ companies
because the economy is global-
izing. We chose Carrefour’s
front doors only because we
draw more attention there,” Wu
was quoted as saying.

Interview

In an interview published in
Journal du Dimanche, Car-
refour’s chief executive Jose
Luis Duran said the company
is “taking the situation very seri-
ously,” though its earnings had
not yet been affected.

With 2 million Chinese cus-
tomers, “we cannot take the
reaction of some of our clients
lightly,” he said. “It must be
understood that a large part of
the Chinese population has
been very shocked by the inci-
dents that have peppered the
passage of the Olympic torch
through Paris.”

Duran denied rumors spread
on the Internet that Carrefour
supports the Dalai Lama, saying
the company has never sup-
ported any political or religious
cause. The retailer is the sec-
ond-largest “hypermarket” in .
the world after Wal-Mart Stores
Inc.

It has 122 stores in China
employing 44,000 people.





THE TRIBUNE





INTERNATIONAL NEWS

illos/AP_

Ariana Cub

CHILDREN WAIT outside a church, where aid workers were giving out bags of food donated by the Venezue-
lan government, in Port-au-Prince, Friday, April 18, 2008. Hundreds of Haitians stood in long lines Saturday,
just as others had walked for hours throughout the week to receive the U.N. and regional food aid pouring

into the country-after a spate of deadly riots.

Aid arrives in Haiti,
but many are left out

@ PORT-AU-PRINCE, Haiti

. HUNDREDS of Haitians
stood in long lines Saturday, just
as others had walked for hours
throughout the week to receive
the U.N. and regional food aid
pouring into the country after a
spate of deadly riots, according
to Associated Press.

But amid the tenuous calm, aid
groups say they are just buying
time — and long-term solutions
seem remote in the desperately
poor nation.

“The beans might last four
days,” said Jervais Rodman, an
unemployed carpenter with three
children who emerged from a
churchyard Friday with small bags
of food. “The rice will be gone as
soon as I get home.”

Rodman was one of the lucky
ones. Many others arrived after

the distribution centers had run »

out.

Haitian officials handed out
1,000 bags of U.N.-bought food
Saturday in Cite Soleil,.a huge
seaside slum on the eastern edge
of the capital. Though aid was
limited to women over age 57 and
the handicapped, at least 50 peo-
ple who waited in line were
turned away. —

Claudete Depalis, 60, left emp-
ty-handed after hoping to get
food for the 12 children of
extended family who live i in her
home.

“T don’t know what I’m going



to do with these kids today,” she

said.

More than half of Haiti’s near-
ly 9 million people live on less
than $2 a day, and the rise in food

prices has deepened the country’s

misery.

Market stalls are piled with
papayas and small bags of pasta,
even in poor areas. But vast num-
bers of people simply lack money
to buy them because global food
and commodity prices have risen
40 percent over the past year.

Riots

-At least seven people were,

killed in the food riots this month

that cost Prime Minister Jacques ,

Edouard Alexis his job.

The riots also were a setback to ,

international efforts to stabilize
the country, U.N. envoy Hedi
Annabi said. U.N. peacekeepers

came after a violent rebellion.

ousted President Jean-Bertrand
Aristide i in 2004.

“We now need to turn this
around, draw the lessons from
this crisis and move ahead,”
Annabi told The Associated
Press.

The United Nations says it will
distribute 8,000 tons. of food and
other aid in the next two months.
Venezuelan President Hugo
Chavez has pledged more than
350 tons of food. And U.S. Pres-
ident George W. Bush has

ordered the release of $200 mil-
lion in emergency aid to nations
hit hardest by surging food prices
— though it was not immediately
clear how much Haiti would get.
Brazil has given some 18 tons
of food since the crisis began.
“It’s not much. We are aware
of that, but it’s something,”
Brazilian Ambassador Igor Kip-
man told the AP at the church-
yard in a part of the capital
known as Cite Militaire. “You
have an emergency, people are
hungry, so we are handing out

some food for the immediate °

problem.”

As he spoke, Brazilian marines
gave out rice, sugar, beans and
cooking oil, while others armed
with shotguns and automatic rifles
stood guard or monitored the
scene from armored vehicles and
rooftops.

Hundreds of people, including
many small children, thronged
the steel gates outside another
church, where aid workers were
giving out bags of food donated
by Venezuela.

Relief group World Vision said
food distribution this week in
Haiti’s Central Plateau, north of
the capital, drew about 800 peo-
ple over two days, some who had
walked more than three hours.

The sharp rise in prices has
thrown some of those who could
barely support themselves into
the throngs of the utterly desti-
tute.

MONDAY, APRIL 21, 2008, PAGE 13

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PAGE 14, MONDAY, APRIL 21, 2008 THE TRIBUNE

First anniversary
celebration for
The Cove at Atlantis



A JUBILANT atmosphere
permeated the air at The Cove
at Atlantis as senior execu-
tives and employees celebrat-
ed the first anniversary of that
resort’s opening.

Leading the festivities was
John Conway, senior vice
president and general manag-
er for The Reef and The
Cove.

He was flanked by top
Kerzner senior executives
including George Markanto-
nis, president and managing
director of Kerzner Interna-
tional; Paul O’Neil, chief oper-
ating officer of Kerzner Inter-

Kerzner International
Bahamas Limited.

Also in attendance were
Gene Albury, senior vice pres-
ident of administration for
The Cove and Alex Kim, vice
president of operations for
The Reef along with hundreds
of employees.

Success

Mr Conway congratulated
and thanked all team mem-
bers who he said made the 600
all-suite resort the success that
it is today.

“Today is about you, and

national and Nan Palmer,

chief operating officer of today is about us, and today is

about celebrating the one year

CUSTOMER NOTICE The following stores
will be closed on the dates listed below for
inventory. Management apologizes for any

inconvenience caused.

meee ease

¢ JOHN BULL, Abaco

* JOHN BULL, Freeport, GB

Monday APRIL

° JOHN BULL, Harbour Island

* JOHN BULL, Exuma

Wednesday APRIL

* COACH, Bay Street

Thursday APRIL

¢ GUCCI, Bay Street

Monday APRIL

1
is
21

¢ JOHN BULL, Crystal Court, Atlantis

¢ CARTIER, Crystal Court, Atlantis

* GUCCI, Crystal Court, Atlantis

* BVLGARI, Crystal Court, Atlantis:

* HAVANA HUMIDOR, Crystal Court, Atlantis

Tuesday APRIL 22

° JOHN BULL, Palmdale

¢ JOHN BULL, Harbour Bay

Wednesday APRIL 2 3

- JOHN BULL, Mall at Marathon _
* GUESS, Mall at Marathon

Thursday APRIL 24

¢ JOHN BULL, Bay Street
'¢ DAVID YURMAN, Bay Street

* CARTIER, Bay Street

Monday APRIL 2 8

¢ JOHN BULL, Marina Village

* LA PARFUMERIE, Marina Village

* DOONEY & BOURKE, Marina Village
* JOHN BULL BUSINESS CENTRE,

Tuesday APRIL 2 9

* JOHN BULL BUSINESS CENTRE,

Robinson Road

Robinson Road



anniversary of the official
opening of The Cove,” said
Mr Conway. “But it is so
much more than just The
Cove, it is Aquaventure, it is
Dolphin Cay, it is The Reef

- and The Cove and évery sur-

rounding supporting business
that we have.

“We are so proud of every-
one’s accomplishments,” he
added. “I am very pleased to
say that the guest customer
satisfaction ratings for The
Cove, The Reef, Aquaventure
and the entire Phase III expe-
rience has exceeded all expec-
tations and it’s because of
‘everyone in this room.”

Team

Mark Gsellman, senior vice
president of water park oper-
ations said, “We have come a
long way. We have come as a
team, the whole Atlantis
Operation, and J just want to



ALL PHOTOS: Joshua Yentis/Blue Wave Imaging

. PICTURED AT the cutting of the cake during the first anniversary celebrations for The Cove Atlantis are;

from left to right, Gene Albury, senior vice president of administration for The Cove; Raquel Edge-
combe-Clarke, senior director of rooms at The Cove; Alex Kim, vice president of operations for The Reef

and John Conway, senior vice president and general manager for The Reef and The Cove.

that got us to this point.”
After the speeches, employ-
ees dug into layers of a large,
specially made anniversary
pound cake and had lunch

“They are making the
employees feel more wel-
comed.

“We are having a great day
here at work and we’re look-

good,” said Shareca Armbris-
ter, an employee at Aquaven-
ture.

“So far it has been good,”
said Kevin Wilkinson, a bell-

man at The Reef, who added
that he was enjoying the fes-
tivities.

say thank you to everybody

CONVENT

ing forward to having a won-
derful day with all this activity
that is going on. It’s really

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MONDAY, APRIL 21, 2008, PAGE 15

THE TRIBUNE




Celebrating one
year of The Cove

ABOVE LEFT: Aquaventure Team members Kenisha Seymour and Shareca
Armbrister are pictured at the celebrations.

ABOVE: Front row: Gene Albury along with Olivia Mortimer, senior director of
labour relations; George Markantonis, president and managing director of Kerzn-
er International; Brenda Jenoure, director of finance; Nan Palmer, Kerzner Inter--
national’s chief operating officer, a Cove employee and Paul O’Neil, Kerzner
International’s chief operating officer are pictured in the first row during the first
anniversary celebrations. Second row, John Conway, Oral Jones, senior director
of food and beverage and Mark Gsellman, senior vice president of water park
operations.

LEFT: Members of The Cove’s culinary team share in the festivities.

Cerone RL
IMUM am CM



MUau allie Ror TLRS

i BAGHDAD

SECRETARY OF State
Condoleezza Rice praised the

Iraqi government Sunday for .

government-led assaults on rad-
ical militias, as the top U.S.

omat visited Baghdad in a
ee of support for the coun-
try’s leaders, according to Asso-
ciated Press.

The Iraqi government “has
made a choice to pursue mili-
tias and is willing to bear the
conséquences,” Rice said after
her discussions.

She said there is “tremendous
political opportunity here. They
have to seize it.”

Rice met with Iraqi Prime
Minister Nouri al-Maliki, his
Kurdish president and other top
officials. She was also honoring
Americans killed in the Green
Zone, the heavily protected
compound that houses the U.S.
embassy and much of the Iraqi
central government.

During his meeting with Rice,
al-Maliki said the government.
assaults in the southern city of
Basra represent a strong blow
to all lawbreakers, showing the
determination to confront the
militias, according to a press
release by the prime minister’s
office. vie

President Jalal Talabani told
Rice, “We are living in the Iraqi
political spring.”

In the northern part of Iraq,
U.S. and Iraqi troops have
stepped up security operations
in Mosul, believed to be one of
the last urban strongholds of al-
Qaida in Iraq.

t

Al-Maliki told Rice that gov- .

ernment forces are preparing to
finish the battle against the ter-
rorists in Mosul in the. coming
days, according to the Press
release by the prime minister’s
office.

Targets

Rice’s brief heavily guarded
stop was not announced in
advance, in keeping with secu-.
rity precautions adopted by all
top U.S. officials who remain
targets of the anti-American
insurgents five years after the
U.S.-led invasion of Iraq and
the fall of Saddam Hussein.

Rice told reporters she sees
signs that al-Maliki’s assaults on

CONDOLEEZZA RICE (AP)

There’s no doubt about! that, %
said Rice. .

During five dave of Bscye:

fighting last month, Iraqi troops
struggled against militiamen,
particularly the Mahdi Army
loyal to anti-American cleric
Muqtada al-Sadr. The ill-pre-
pared Iraqi military was plagued
by desertions and poor organi-
zation and U.S. troops had to
take over in some instances. The
offensive was inconclusive, with
Iran helping mediate a truce.

Control

Still, the ‘crackdown appears
to have ‘succeeded in giving
some sense of central govern-
ment control in Basra, Iraq’s
second-largest city and the
emergence of a common cause

could help bridge Iraq’s political

rifts.

The head of the Kurdish self-
tuled region, Massoud Barzani,
has offered Kurdish troops to
help fight al-Sadr’s militia.

More significantly, Sunni
Arab Vice President Tariq al-
Hashemi signed off on a state-
ment by Talabani, a Kurd, and
the Shiite vice president, ‘Adil
Abdul-Mahdi, expressing sup-
port for the crackdown in the
oil-rich city of Basra.

Al-Hashemi is one of al-
Maliki’s most bitter critics and
the two have been locked in an
acrimonious public quarrel for a
year.

Al-Hashemi has accused the
prime minister of sectarian





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Rice and al-Maliki had a pri-
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Ambassador Ryan Crocker.

Earlier at the U.S. embassy,
Rice said she realizes it has been
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“It’s been a long five years.

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they accuse of monopolizing
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both Sunnis and Shiites suspect
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—to weaken Shiite opponents
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Al-Sadr gave what he called a
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government Saturday to halt a
U.S.-Iraqi crackdown against his
followers or he would declare
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PAGE 16, MONDAY, APRIL 21, 2008 THE TRIBUNE

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"MONDAY. APRIL#21; 2008

SECTION B e business@tribunemedia.net

.



Fashion week
attendance
may exceetl
predictions
by five-fold

@ By NEIL HARTNELL
Tribune Business Editor

Tie ER
Bahamian
banker organiz-
ing a fashion
show to be held
in Nassau this
November has
been told the
event may.
attract between
1,000-2,000 persons, a total
well above the 200-300 he ini-
tially thought would attend. If

predictions become reality, this |

would provide a further
tourism and publicity boost for
the Bahamas.

Owen Bethel, president and
chief executive of the Nassau-
based Montaque Group, which
owns and is financing the
Islands of the World Fashion
Week, said that if the increased

‘attendance figures material-

ized, the event could be a
“boon” for tourism and some
Bahamian hotel properties giv-
en the uncertain economic out-
look.

“T have been told that we
should anticipate anywhere in
the range of 1,000-2,000 per-
sons attending this event,” Mr
Bethel said. “This is well-

SEE page 1B





Bahamas Waste investing
$500k in recycling facility

@ By NEIL HARTNELL
Tribune Business Editor

ahamas Waste is invest-
ing $500,000 in a recy-
cling facility it hopes ' will
be “up and running” by
end-May 2008, its man-
aging director told The Tribune, as it

‘moves to combat the impact soaring

fuel and operational costs have had on
its margins.

- Francisco de Cardenas said the recy-
cling facility would initially focus on
cardboard, given that the BISX-listed
waste collection and disposal services
provider had found that a “substantial”
amount of this product was currently

* BISx-listed firm says other green waste joint venture ‘going
amazingly well’, with Kerzner a customer of recycled product
* Soaring fuel and operations costs impact 2007 results, as managing director
points to 300% gas price rise in a decade. His largest rate rises only 10-15%
* No work: on biodiesel pacity approval, garbage collection contract and Freeport entry

Toniduc Williams-Darling Highway.
Mr de Cardenas said of the recycling
facility: “It’s probably a half-a-million
dollar investment. We’ve got the equip-
ment in. We’ve started some infra-
structure. works, and are moving for-"
ward with it now. By the end.of May,

“We only need now to get Ministry of

Works approval for our building plans, .

but everything else has been given the
green light. The amount of cardboard
going into the landfill right now is sub-

“sfaritial, and we want to target that.”

Given the general economic climate,

was going to develop the recycling facil-
ity — to be situated at its Gladstone |
Road base — “as frugally as possible”.
Bahamas Waste was looking to even-
tually take on additional staff to operate

SEE page 10B

being dumped in the landfill off

Accountants: EPA offer may contradict

we hope to be up and running.

Mr de Cardenas said Bahamas Waste

law, ‘erode’ financial sector regulation

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN accountants
have written to the Prime Min-
ister expressing concern -that
this.nation’s proposed Eco-
nomic Partnership Agreement
(EPA) services offer conflicts
with the main law governing
their profession, and could
“erode” financial services regu-
lation and the profession’s abil-
ity to self-regulate.

‘Incorrect rates and non-
payment woes hit Customs

-â„¢ By NEIL HARTNELL

Tribune Business Editor

THE Government lost sub-
stantial amounts of revenue

' due to it during its 2005-2006

Budget year because the Cus-
toms Department often
applied incorrect duty rates to
many imports, while a “large
number of bills of lading” were
released from New Providence

docks without any evidence to

show duties were paid. -
The Auditor-General’s
report on the Customs Depart-

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ment detailed the findings of
audit examinations carried out
at the agency’s docks in Nas-
sau, namely those at Seaboard
Marine, Arawak Cay, Kelly’s
(Betty K), John Alfred Dock
and Union. |

“From our audit of incom-
plete manifests, we made the
following general observa-
tions,” the Auditor-General’s
report said.

“A large number of bills of

SEE page 8B

‘Make best
efforts’ to
get all tax

@ By NEIL HARTNELL
Tribune Business Editor

THE Government must

" “make best efforts to collect”

the $410 million in accrued real
property taxes that it is owed, a
businessman and leading fis-
cal ‘hawk’ told The Tribune,
adding that to write it all off
sent the wrong message to tax-
payers who did pay.
Responding to comments by
former minister of state for
finance James Smith, who sug-
gested that the Government
should write off the $410 mil-
lion because much of it would

SEE page 6B

The Bahamas Institute of
Chartered Accountants
(BICA), in a statement issued
to The Tribune, said the open-
ing of attestation services —
audit sign-offs and opinions —

to European Union (EU) ,

accountants via the. Bahamas’
EPA services offer appeared to
conflict with The Public
Accountants Act 1991 provi-
SIONS? waa me

The Act states that only
BICA licensees are able to per-







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form attestation services within

the Bahamas. Yet as its stands
currently, EU accountants will,
via the EPA, be able to provide
such services without being
licensed by BICA.

The Institute warned that this
development would remove a
“thin layer of protection” for
Bahamian accountants, and

‘ asked the Government how it .

proposed to regulate EU
accountants who provided
audit, audit sign-off, and audit

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opinion services for Bahamian
and international companies
located in this nation.

In addition, BICA expressed
concern that allowing EU
accountants to perform attesta-
tion services could also under-
mine the financial services
industry’s regulation in the
Bahamas.

If problems arose with the
audit of a Bahamian bank and
trust company, investment fund,
trust or any entity domiciled in

7 One.famly with many heeds. For
a solid financilal.foundation and
customized advice, their choice is

Colinalmperial,

the Bahamas, the relevant reg-
ulators would always have the
ability to go straight to the audi-
tor because, as a BICA licensee,
they would be based here and
easily contactable.

If an EU accountant per-
formed the attestation services,
though, and problems devel-
oped with the audit quality or _
an edie related issue, Bahami-

SEE page 6B

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PAGE 2B, MONDAY, APRIL 21, 2008

THE TRIBUNE



Take control of your financial future...
Attend this FREE Investment Seminar



“Women: Inspired, Motivated and
Challenged to Be The Best!”

LECT ULE) AE UU PAU

Time: Sam-ipm
SO UNDE SCE LETC
ds Bonen Sere Continental breakfast will be served

Speakers include:
Loretta Butler-Turner, MB Minister of State for Social Development

“Tackling Crime and Violence Against Women in the Bahamas”

“Protecting Our Children - Understanding Inheritance laws” *

. Yvette Bethel, CEO, Organizational Sout
“Are you in the right job? What to do if you are not”

Ursula Rolle, Assistant Vice President, Banque SCS Alliance (Nassau) Ltd.

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BSRAsciNeED 1670!



Deputy Managing Director: Mrs Hannah Gray &
Course Presenter, Former Managing Director:
Ms. Michaela Virgill Storr surrounded by course
Participants

February 15th, PHA Corporate Centre:

Forty senior executives from the Public Hospitals Authority (PHA) headquarters
and hospitals in Nassau graduate from a 5 day management development course.

The program was developed and presented by former PHA managing director
Ms. Michaste Virgill Storr.

The officers ‘reviewed over 40 topics including the Bahamas Health System,
comparative systems of other countries, hospital organization and structures,
the World Health Organization reform goals, healthcare financing mechanisms,
cost containment, health facilities planning, tools for effective management
and follow-up, job planning, performance and evaluation, leadership and team
building exercises and strategies for conducting effective meetings. Emphasis
was placed on practical and effective strategies for day to day management.

Managing Director, Mr. Herbert Brown stressed that it was important, especially
since the PHA continues to actively recruit talent from private enterprise that there
was an appreciation and commitment to recognize the need for synergy between
a corporate style of management and maintenance and enhancement of the in-
tricate procedures, processes, systems which are peculiar to healthcare delivery.

Course presenter, Ms. Storr, is the 1996 recipient of the Pan American Health
Organization/World Health Organization International Award in health adminis-
tration; she has over-30 years in managing the nation’s. public hospitals. “I drew
on my experience as a manager and administrator in the public healthcare system
to design a program to ensure that all managers have the same orientation to and
the same understanding of the public healthcare system; and are familiar with
its philosophies, policies and structure. As well, I wanted to make sure that our
managers were exposed to internationally proven strategies and techniques for
effective, efficient management and delivery of services.”

| Participants in the course found the information and materials enlightening and
timely. At the close of their graduation ceremony, the newly equipped managers

surprised Ms. Storr with several gifts of appreciation.





LE AES “Mon.-Fri. 9:00 a.m. to 3: 00 p.m,

Withdraw Cash

Purchase US. Drafts

Safety Deposit Box Rental

Purchase VISA Gift Cards

Apply for VISA Credit & Prepaid Cards
Apply for Loans

® ® ®@ ®@ ® © @

Access Private Banking & Trust Services

‘Trade Finance

&

(All within the Exchange Control Guidelines of The Central Bank of The Bahamas).

FREQUENTLY ASKED QUESTIONS

Q.. Can I withdraw US. Dollar finds while I am shopping in Florida?

A. Yes. Customers of Bank of The Bahamas International will be permitted to withdraw funds,
in US, Dollars, at BOB Financial Services, Inc. Such withdrawals, however, will be subject to
Bahamian Exchange Control Guidelines.

Q. Will Tbe ableto open a US. Dollar account at BOB Financial Services, Inc.? ‘

A.. No. BOB Financial Services, Inc., will not offer U.S. Dollar account facilities at this rime.
It-will serve as a customer service extension of the Bank's Bahamas based offices and service
centres and will allow customers access to their funds for multiple purposes, within Baharnian
Exchange Control Guidelines.

Q. Will BOB Financial Services, Inc., be able to open accounts for persons wishing to conduct
banking business in The Bahamas?

{
A. Yes. BOB Financial Services, Inc., will assist prospective customers with opening accounts,
subject to the customer meeting the Bank's usual due diligence requirements and Bahamian

regulatory guidelines.





THE TRIBUNE MONDAY, APRIL 21, 2008, PAGE 3B

Ee Sa
Preparing your business

for recession survival



Located next to Atlantis,
with 228 beautifully
appointed Junior Suites
and meeting facilities
to accommodate

m By MARK A TURNQUEST

IN order to ‘weather the
storm’ during the likely upcom-
ing recession (or severe eco-
nomic downturn) in the
Bahamas, small and medium-
sized business (SMB) owners
must focus on operational effec-
tiveness and efficiency. SMB
owners must place high empha-
sis on achieving business goals
(effectiveness) in a timely and
less costly manner (efficiency).

SMB owners must now eval-
_uate all functional aspects of
their business model (general
management, operations,
human resources, marketing,
accounting, finance, marketing
and information technology)

and create effective operational

strategies. Listed below are
functional (departmental)
strategies that you can use to
reduce the negative impact of
any recession:

GENERAL
MANAGEMENT

*Planning: You should con-
duct a research to determine
what negative /positive macro
—environmental (political, eco-
nomic, technological, social-cul-
tural) and micro-environmen-
tal (customers, suppliers, com-
petitors, labour market and
industry costs) effects a reces-
sion would have on various
departments. Afterwards, set
specific, measurable, attainable,
rewarding and time-oriented
goals to solve potential prob-
lems and take advantage of
market opportunities ,

* Organising: After planning,

and allocate resources (employ-
ees, money etc) that will be
needed to solve problems or
take advantage of market
opportunities.

* Communicating: Carefully
explain (to all employees) the
strategies that you are going to
implement to survive this reces-
sion. Remember, “it is not what
you say —but how you say it”!

, “Execution and Monitoring:
Design action plans for all
departments. You should align
resources that are required and
effectively deploy them ina
timely manner. Create control
plans (Budgets, schedules etc)
so that you can determine what
corrective measures must be
taken in the event that activi-
‘ties do not go as planned.
Remember: “You cannot man-
age what you cannot measure!”

MARKETING

*Segmenting & Targeting:
Always focus your attention on
satisfying loyal customers.

* Positioning: Make sure new
customers clearly understand
the value and benefits of your
products/services, because you
might not get a second chance
to convince them.

* Pricing: Give discounts on
old /dead stock. Price your
product competitively.

*Promotions: DO NOT
STOP ADVERTISING. Use a
variety of promotional activi-
ties (newspapers, coupons etc),

and determine which ones are ‘

the most effective. Customers

should be surveyed to deter-
mine the impact of each pro--
motional activity, and only con-
tinue the ones that are effec-
tive. :

*Customer Service and Dis-
tribution: Make certain it is con-
venient/easy for your customers
to buy your products/services,
and do your best to attract,
maintain and retain loyal cus-
tomers.

HUMAN RESOURCES

*Hiring: If you must hire new
staff, make sure they can per-
form multiple tasks. It will be
great if you can hire two
employees that can perform
four employees’ jobs. Howev-
er, you must be fair when set-
ting their pay scale, and reward

_ them for excellent performance. .

*Training: It is a good time ©
now to start cross-training

‘ employees, just in case you have

to lay-off some staff. At least
you will have some staff who
can perform multiple tasks.

* Retaining Staff: Do your
best to keep loyal employees.
When hard times occur, try to
keep them on part-time or set
up a flexible time schedule, so
that they can get a second job to
cover their living expenses.
Communicate to them that as
soon as the recession is over
they will resume regular work-
ing hours.

OPERATIONS
*Inventory: You must dili-

gently manage your inventory.
Only purchase what you need,

up to 70 people.

Our guests have
full use of the

exclusive facilities of
the fabulous Atlantis

just steps away.

In-room amenities
include: king size or
two double beds,
sitting area
- with sofa bed,
cable tv, refrigerator,
in-room safe,

coffee maker, hair dryer,

complimentary
deluxe continental

breakfast served daily,
pool with swim-up bar,

Crusoe’s garden

restaurant serving
breakfast and lunch,
Bamboo cocktail bar.

Guest rooms and

interior public facilities

are designated
non-smoking areas.

Ask about our local
corporate, group and
wedding rates.

Contact our
management team
for a site inspection.

make sure you identify, prepare
and try to buy fast-moving stock |

in bulk only if you will receive
good discounts. When receiv-
ing stock, triple check for “short
shipped and damaged items”.
Inventory should be properly
stored in order to reduce “dam-
age and out-dated products”.
Inventory control is very impor-
tant. Stock taking should be
conducted regularly in order'to

ComMFORT
SUITES



MUSIC TEACHERS - TEACHER’S
AIDE - JUNKANOO ARTIST



PARADISE ISLAND
BAHAMAS





1 Paradise Island Drive
Paradise Island, Bahamas






ACCOMMODATIONS WANTED | : eee 8
; FIRSTCARIBBEAN

INTERNATIONAL BANK '



SUMMER CAMP
COUNSELLORS

Call: 328-0554

Email Resume: info@rightafterthebell.com

Fully furnished ROOMS, APARTMENTS,
& Houses wanted for Short term stays
in the Bahamas Home Away From Home





CAREER OPPORTUNITY
for



Contact Ms. Allen @ Stop-N-Shop Online
394-4949 or e-mail :
Bahamas. HomeAwayFromHome@ gmail.com






_ Director, Corporate Banking — Bahamas and Turks and Caicos







UALIFICATION & EXPERIENCE |

* Graduate status and at least 7 years proven experience in the business/financial



BAHAMAS NATIONAL TRUST



world.

Environmental Education Officer and | vac: 3
/e Proven experience in managing corporate/commercial banking businesses and

Community Liaison: Black Point, Exuma





emerging market experience.

‘¢ Superior ability to interpret complex corporaté client needs and to assemble
innovative value-adding solutions that achieve Client objectives.

* A solid record of results, in business development, relationship management and
leading relationship management teams.

¢ Focused and motivational leadership skills to galvanize a team to work
collaboratively and effectively for customer value and profitability.

* High level of understanding of the markets, geographic, macro economic and global
factors impacting our client base. Ability to work effectively within and across
complex matrix structures



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 curricula

- Manage the Black Point Community Computer Centre
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
programme 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







RESPONSIBILITIES






* Asakey member of the senior leadership team, work proactively to contribute and
to develop the Division’s strategic, business, financial and marketing plans to achieve
annual and year over year business objectives.

¢ Lead and champion the sales/credit partnership to ensure the health of our credit risk
portfolio and to ensure that variances or concerns in the credit portfolio are addressed






i i equi ° . ‘ : :
pu abbas R ca a oe ‘i with client relationship management and resolved.
ce eee ne Peer e hte ¢ As the Senior Business Developer of the Corporate Business Unit, takes the lead on
communications)












complex and high value opportunities. Undertakes an active role with key high value

Bachelor's degree or higher in biology/combined science, customers to support the client facing team to provide solutions and to problem solve

history/geography, general studies or related fields.

ie ; eee ; as needed.
- Froven writing and interpersonal POD mUn Canons skills ane, ¢ Ensuring high client retention while enhancing and maximizing the profitability of
- Demonstrated ability to organize time, manage diverse activities, asaenats

meet deadlines ‘
- Commitment to natural resource conservation in Thé Bahamas
- Positive attitude

Applicants are requested to submit their resume with a cover letter via email

by April 18", 2008 to: Deangelia.deleveaux@firstcaribbeanbank.com

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.

Pt NATIONAL TRUST JOB OPPORTUNITIES





PAGE 4B, MONDAY, APRIL 21, 2008

THE TRIBUNE



aD

i

A Se rnon

PUBLIC HOSPITALS AUTHORITY
SANDILANDS REHABILITATION CENTRE

ADVERTISEMENT
MANAGER I HUMAN RESOURCES
The Public Hospitals Authority invites applications are from suitably qualified individuals
for the post of Manager |, Human Resources, Sandilands Rehabilitation Centre, Public
Hospitals Authority.

Applicant must possess the following qualification:-

Bachelors Degree in Business Administration, Management, Public Administration,
Human Resources or equivalent and at least five (5) years relevant experience.

JOB SUMMARY:

Responsible for the day-to-day management of the Human Resources Department
including planning, organizing, coordinating and delegating duties; the supervision of the
staff of the Human Resources Department; the coordination of activities and assisting with
the training, education and development of the Human Resources Department staff.

DUTIES:

Coordinates the development of Human Resources policies, procedures and
practices in the hospital and assists Corporate Office with policy development.

Prepares the Human Resources component of the
Personnel Emoluments Budget.

Prepares the Human Resources Department budget.
Develops general quality standards for the Human Resources Units.

. Identifies and analyses Human Resources problems and recommends /
implements solutions.

.. Develops and implements Human Resources and related training
programs and activities for relevant departments in conjunction with the
training department.

Advises and assists with interpretation of Human Resources policies
for department heads, Area Supervisors, Administrative Officers and
Human Resources Officers.

Liaises with the Payrolis Department as it relates to management of
budget.

Serves as advisor to the Executive Management Committee on Human
Resources issues.

Develops and designs systems and surveys to ensure a proactive .
approach to the Management of Human Resources.

Participates in Labour Relations and Negotiations.

. Coordinates with Area Supervisors the recruitment of staff by developing
interview formats, serving on the interview panel, testing and conducting
background and reference checks.

The salary for the post is in Scale HAASI ($37,400 x 700 - $43,700)
Letters of application and resume’ should be submitted to the Director of Human

Resources, Public Hospitals Authority, Corporate Office 3%¢ and West Terraces Centerville,
P.O. Box N-8200 no later than 25" April, 2008.





EMPLOYMENT OPPORTUNITY

ficlz

Professional Insurance
Consultants



Professional Insurance Consultants
has a vacancy for a

Personal Lines Underwriter

Applicants should:

e Have Bachelor's Degree or equivalent

@ Have excellent people skills and telephone technique
e Be cheerful, enthusiastic, punctual and presentable

e Be computer-literate

@ Have progress towards ACII or similar

Please apply by email only to info@picinsure.com.
No phone calls or faxes will be entertained.





@ Have the right attitude towards the public and all others

NT
NAD

FOR PROPOSALS

(b) offer a mix of concepts that will
help to énhance the image of the ~

Nassau Airport Development Company
Limited (NAD) is inviting proposals for
TWO Branded Specialty Coffee Outlets, _
one in the U.S. Departure Lounge and
one in the Domestic/International
Terminal at Lynden Pindling

International Airport. The successful
Proponent will be required to finance,
design, develop, operate and manage
the branded specialty coffee outlets.

Nassau Airport as a world class airport;

(c) offer food & beverage choices fo
passengers at reasonable prices:

(d) offer a mix of local, regional and
national and international brand-name
companies;

.

i. Proponents must be incorporated. (e) develop and design food &
ie beverage facilities that complement
ii. Proponents must have at least two the qualities of the current and
new terminals while recognizing the

distinctive spirit and character of the

(2) current locations similar to the
proposed operation at LPIA where
the Proponent has operated similar
Branded Specialty Coffee facilities
within the last three (3) consecutive

community the airport serves; and

(f) optimize revenue to NAD.
years.

fii. Atleast two of the Proponent's -
current locations must have generated
-at least $500,000 in average annual -
gross sales in the last two (2) years.

- NAD's goals and objectives are to:

(a) achieve a high standard of
excellence and customer service;

oe MOsey
es re,
& ‘

®

Joniont ig

PUBLIC HOSPITALS AUTHORITY
TRAINING AND DEVELOPMENT UNIT

CORPORATE OFFICE
ADVERTISEMENT

POSITION
ADMINISTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from LIE
qualified employees for the post. of Administrative Assistant, III,
rene and Dévelopment Unit, Corporate Office, Public Hospitals

_ Authori

Applicant must possess the following qualifications:-

Associate Degree in Business, Secretarial Science or related
field and three (3) years relevant experience OR College of the
Bahamas Diploma in Secretarial Science and five (5) years relevant
experience.

The Administrative Assistant, III will report to the Deputy Director
Human. Resources Training _and, Development “and be
responsible for the general administrative/ secretarial duties;
assists in all required aspects of the Unit.

Duties:

Coordinates the activities of the office of the Deputy Director
Training and Development.

Coordinates and arranges meetings, prepares agendas,
reserves and prepares facilities for the same.

Assists in all required aspects of training and management
within the unit Excel, Microsoft Word and Microsoft Power
Point Programmes.

Work on, special assignments on behalf of the Deputy Director
of ee any Training Manager in the unit in order to
ensure well rounded exposure and experience.

Prepares programmes and training materials, workshops,
seminars and training courses.

Responds to oral and written queries as directed.

Conducts research, prepares conclusions, com iles and es
statistical reports and spreadsheets as difected, WP

Attends meetings as requested, takes minutes of meetings.

Ensures that minutes to meetings are forwarded to concerned
persons prior to the next meeting.

. Records all incoming and outgoing mail and maintains a
bring-up system for proper follow-up.

11. Drafts correspondence and word process documents and .
_ recommendations relative to training requests and in-service
training awards.

Salary of the post is in Scale ($22,250 x 700 - $27,150) '

Letters of application and curricula vitae should be submitted to
the Director of Human Resources, Public Hospitals Authority P.O.
Box N-8200 or 3 Terrace Centerville (West), through your Head of
Department no later than 28" April, 2008.





THE TRIBUNE

THE BAHAMAS INSTITUTE OF CHARTERED ACCOUNTANTS

“Upholding Integrity, Striving for Excellence”

EXTRAORDINARY GENERAL MEETING

NOTICE TO ALL MEMBERS:

An Extraordinary General Meeting will be held at The British Colonial
Hilton Hotel, on Tuesday, April 22", 2008 at 12:30 p.m. to vote on the
PROPOSED NEW LEGISLATION AND AMENDMENTS TO THE
PUBLIC ACCOUNTANTS ACT AND REGULATIONS.

ALL MEMBERS ARE INVITED TO ATTEND.

President Bas
The Bahamas Institute of Chartered
Accountants.

PRESS RELEASE

For Immediate Release:

United Transportation Co. Ltd. (UTC) - 100 - Day Challenge Update

‘Nassau, Bahamas - April 17, 2008

The public is advised that United Transportation Co. LTD. a major group in the busing industry is ©

" preparing for the LAUNCH of the 100 -DAY CHALLENGE given by the Hon. Dr. Earl Deveaux,
Minister of Transport: UTC was incorporated in the latter part of 2006 and its membership is
increasing at a rapid rate. Stake holders in the busing industry are supportive of UTC as they are

~ confident the team will ensure:

‘customer safety

‘ efficient scheduling of the buses

‘ bus drivers are well-groomed and property attired
* fare boxes: are enforced ;

* buses are clean and

* loud/vulgar music is ceased

7 ~©=In essence, UTC has a vision and with the expertise of the various Consultants, UTC will take

' the quality of bus service to the next level. The 100-DAY CHALLENGE PROGRAM, which is
being implemented by the Road Traffic Dept., is very timely and will therefore encourage more
persons to park their vehicles and take a bus to work or school etc.

To assist with the change in culture, the following rules will be posted in the
buses and will take effect immediately:

1. The exact bus fare must be placed in the fare boxes as per the law
2. Bus fare must be paid upon entry on the bus

3, Eating, drinking and smoking are not permitted -

4, Passengers must remain seated unless exiting the bus

5, Vandalism/graffiti will not be tolerated

6. Fighting or cursing will not be tolerated

To further prepare the Bus Drivers for these new developments and changes in the industry,
UTC has scheduled a Two - Day Seminar for April 22, & April 24, 2008 starting @ 8:00pm
at L.W. Young High School, Bernard Rd. Speakers engaged are: Dr. David Allen, well known
Psychiatrist, Mr. Lloyd Turnquest, Manager Business Development, J S Johnson Insurance Co.,
Mr. Jack A. Thompson, Controller, Road Traffic Dept., and Dr. Leonard A. Johnson President of
the Bahamas Conference of Seven Day Adventist.

All Public Service Bus Driver, Bus Owners, Operators & Franchise Plate Holders are invited to

attend and admission is free.

Thank you for using our Bus Service and we look forward to your continued patronage.

United Transportation Company Ltd
Our Mission Statement

“SUCCESS DRIVEN”
We are committed to improving the standards, attitude and culture in the busing

industry, as change will promote a reliable, safe and organized transportation
system.

a
f

MONDAY, APRIL 21, 2008, PAGE 5B

IndiGO

N ET WO R K = §

Indigo Networks is a developing telecommunications company based in Nassau, Bahamas.
Beginning in 2004, IndiGO introduced the Bahamas’ first licensed telephony competition to the
islands of New Providence, Grand Bahama, and Abaco. IndiGO is currently in search of a highly-
qualified Manager of Network Services. Successful candidates will be highly energized, willing and
able to take the challenges of a fast-paced network rollout.

MANAGER - NETWORK SERVICES

Job Description

Network Services is tasked with OA&M of a broad range of systems within the expanding Indigo
network. The manager is responsible for providing strong leadership for a group of {T personnel
with varying disciplines and a range of technical experience. The principle objective of the Network
Services team is to provide highest system availability and reliability for all telecommunications and
Internet related commercial services and products.

||}-The Manager’s secondary responsibilities will include budget preparation, project planning and

implementation, vendor management, carrier liaison, and implementation of technical projects
needed to meet business objectives.

Qualifications
* Determined and independent, with 5 years previous IT management experience maintaining a —
service provider's network
Willing to work hands-on 7/24/365 to resolve network or system problems
University degree. CISSP,CCIE,MCSE or equivalent skills required
Excellent verbal and written communications skills
Excellent troubleshooting and analytical skills
History of successful vendor management ;
Preferred to have already acted in a capacity as carrier liaison
Demonstrable experience with Cisco routers, switches (LAN and WAN)
Knowledge of 2" generation NLOS MMDS wireless systems and wireless backhaul required.
Solid understanding of telecommunications circuits from DSO through DS3
Flexibility to manage multiple cell sites and Operations Centers distributed across three islands
Familiarity with MINDCTI billing system and associated AAA and DB
Hands-on security expertise - firewalls, VPNs, IDS/IPS
Extensive knowledge of IP telephony (VoIP/VoN), Cisco BTS10200 softswitch, -PSIN
gateways, SS7, QoS, SIP,H.323, MGCP
Expertise with typical ISP applications (DNS, radius, Rwhois, mail, network management/
SNMP, packet analyzers, etc)
Hands-on Unix (Sun and Linux) and Windows 2003 Admin
Prior hands-on experience of 3 to 5 years with a Class 4/5 softswitch a necessity

Salary is commensurate with qualifications.
Apply to:
Attn.: Human Resources Manager
P.O. Box N-3920, Nassau, Bahamas __

Rape mee cE ET RI

NAD

Nassau Airport
Development Company.

Nassau Airport Development Company Limited’ (NAD) is
inviting proposals for a Service Station and Mini Mart at
the corner of JFK Drive and Coral Harbour Road at Lynden
Pindling International Airport. The successful Proponent
will be required to design, construct, finance, maintain,
manage and/or operate a service station and
mini mart at the said location.

Proponents must be incorporated and have operated at
least two (2) service station facilities within the last three
(3) consecutive years .

Qualified an
_ Requesi for Proposal p
Terminal 1, 2nd floor, Lynde
Airport between. April 22
briefing for those who picked v:
held in NAD's Boardroom it th
2008 ar 10:00 am.

: Telephone (242) hier





PAGE 6B, MONDAY, APRIL 21, 2008 | |
ee ee a a a

Accountants: EPA offer may contradict law, ‘erode’ financial sector regulation

‘Make best efforts’

to get all tax
FROM page 1B

prove virtually impossible to collect,
Rick Lowe, operations manager at
Nassau Motor Company and a leading
figure with the Nassau Institute think-
tank, said: “I’d like a refund on my
property tax.”

He added: “The Government has
to make best efforts to collect that
money on behalf of people who pay
their taxes. If they’re going to abandon
collecting taxes from other people who
don’t pay, other people will stop pay-
ing. Otherwise, the Government’s got
to say: ‘Forget that tax, as we can’t
collect it from anybody’.”

Mr Lowe said that if the Govern-
ment wrote off all the real property
tax arrears that it was owed, “that tax
should not be there. We’re talking
about running a country, not a petty
shop”.

He added that if the Government
enforced real property tax collection
efforts on some, but not others, that
would amount to discrimination.

While real property tax acts as a
first legal charge over property, ahead
of mortgages and their lenders, Mr
Smith told The Tribune on Friday that
successive governments had been
reluctant to use their full legal
armoury, which would ultimately
involve repossessing a defaulted tax-
payer’s property, for fear they would
lose votes.

In response, Mr Lowe said: “At least
take the people to frigging court.

“They [the Government] don’t care
about people who do pay. It just points
to the fact that it’s a hit and miss
proposition. It points to the fact the
Government does not have proper
financial statements, and leaves the
door open for people who do pay not
to pay.”

Mr Lowe said his company’s
accounts provided regular statements
of who owed Nassau Motor Company
what, adding that receivables were a
major issue for the private sector, but
apparently not for the Government.

Pointing to the infrastructure works,
such as schools, hospitals and improve-
ments to roads and government build-

ings, that could be funded if just $100

million or $200 million of that out-
standing real property tax amount was
collected, Mr Lowe said: “It’s obvi-
ous there’s so much wrong, and there’s
so much that could be improved. It
seems a shame to say write it all off.

“So much could be done with $10
million. Our roads are deplorable.
Everything’s dropping to pieces. It’s so
sad.”







FROM page 1B

an regulators would have greater dif-
ficulty in tracking down and contacting
someone thousands of miles away.

A BICA source confirmed to The
Tribune: “The main concern is the
provision of attestation services, which
mainly includes the audit and the
review........ The way it [the EPA
offer] is outlined now is that attesta-
tion services within the accounting
profession will be open to the EU.

“The Public Accountants Act,
established in 1991, provides that only
BICA licensees have sign-off rights.”

The source said BICA was a self-
regulatory body with the ability to
regulate all accountants in the
Bahamas, possessing both investiga-
tions and disciplinary committees to
probe and punishing wrongdoing.

Yet this self-regulatory ability would
be undermined if EU accountants,
who BICA did not know and had no
information on their background, flew
in and out of the Bahamas rapidly and
left problems in their wake.

The Central Bank of the Bahamas
had taken the policy decision that all
bank and trust company audits must
be done by Bahamas-based firms, the
BICA source said, pointing out that

RECESSION, from page 3B

deter employees from mismanaging
your products. Ot going stock should
be carefully checked with sales invoic-
es.

*Utilities: Decrease electricity
expenses by installing energy-saving
light bulbs. Also, clean your air-con-
ditioning filters regularly. Decrease
your water bill by inspecting your
water system for leaks, and always
properly turn-off faucets.

*Telephone: Consider purchasing
the ‘VIBE’ or ‘Vonage’ if you make a

_ lot of international and Family Island

telephone calls.

* Risk Management: Ensure that
you have adequate business and per-
sonal insurances, and that your busi-
ness has a quality security system.
Ensure that strategic contracts are
legally binding in the event you have
to sue a third party. These are all
important, because during a recession
it would be near impossible to with-
stand internal and preventable losses
that you cannot recover.

ACCOUNTING

* Accounts Receivable: Significantly
limit the amount of new charge cus-

the Cayman Islands had implemented
a requirement that all investment fund
audit sign-offs be done by local com-
panies. “A lot of countries have main-
tained that they want audit services
to be done by someone in their juris-
diction, as opposed to someone fly-
ing in and not knowing the letter of
the law,” the source said.

They added that as the EPA ser-
vices offer currently stood, the way
was clear for EU individuals and firms
to provide attestation services, signing-
off and giving opinions o n audits of
Bahamian companies and corporate
vehicles with millions of dollars in
assets. Yet there may be no account-
ability if problems emerge later.

Audited financial statements are
relied on heavily by investors in com-
panies, since they are seen as ‘gospel’
on the firm’s true financial condition
as determined by an independent
team of experts. If trust in audit accu-
racy is lost, it may undermine the very
integrity and foundations of the capi-
talist system.

The BICA source described the
audit as “a very integral tool”, pro-
tecting shareholders and the integrity
of the Bahamian capital markets.

“If there is any wrongdoing, and
there are questions of access to the

tomers. Streamline existing charge
accounts. Encourage current charge

- customers to pay early by offering dis-

counts (if possible). Enforce penal-
ties to customers who deliberately
make late payments on accounts.
Remember, everyone is trying to save

money and reduce costs/expenses dur- -

ing this period.

*Accounts Payable: If you do not
properly manage your accounts
receivable you will get in trouble with
your creditors. Negotiate to receive
extra discounts if you pay your
account in full early. Alternatively,
arrange to extend your payment on
account time period (30-45 days). You
will only be successful with this if you

are an excellent or a very important’

customer.
INFORMATION TECHNOLOGY

*Existing Technology: Evaluate
your recordkeeping system (account-
ing, sales, marketing, human resources
inventory etc) to determine if it is
causing your business to operate in

‘an effective and efficient manner. If it

is not doing so, correct it because dur-

ing a recession your business does not .

need the burden of incurring extra
costs and expenses.

person who did the audit, how can
they get hold of that person who
comes in and goes out [via the EPA
provisions]?” the BICA source asked.

“They’re really eroding the regula-
tory powers of the Institute. We would
not have ready access to the person”

The BICA source said accountants
needed to make the case for attesta-
tion services to be excluded from the
EPA’s market access provisions,
pointing out that EU accountants and
firms would still be able. to enter the
Bahamas to perform accounting and
consultancy services.

In its statement, BICA said: “BICA

is firmly opposed to allowing foreign '

persons who are not licensees of
BICA to perform audits of entities in
the Bahamas, as it will negatively
impact the accounting profession in
the Bahamas.

“BICA takes the position that attes-
tation services should only be per-
formed by persons who have a pres-
ence in the Bahamas, and are licensees
of BICA. This position allows for
greater regulatory access, and ensures
that such services are performed in
accordance with International Stan-
dards on auditing and local ethical
and best practices currently adhered to
by members of BICA.

* New Technology: Only purchase
new computer systems, application
/operating, software (e.g. POS) and
equipment (fax, copy machines etc)

now if they are going to increase the —

productivity and profit levels of your
business. You now need to properly
manage the cash flow of your busi-
ness because it will be challenging dur-
ing a recession.

FINANCE

* Cash Flow: “CASH IS KING
AND QUEEN”. Try to receive.cash
early from charge customers and pay
suppliers later than usual. This is an
excellent strategy only if it is negoti-
ated beforehand, and if you do not
ruin your relationshipa with your cus-
tomers and suppliers.

* Asset Management: Try not to
buy fixed assets (equipment), evaluate
the relative benefits/costs of leasing
new equipment or repairing old equip-
ment. Properly maintain your fixed
assets (vehicles) on a regularly basis so
that they do not lose value beyond
depreciation costs. :

*Money Management:,Do not keep
using your business credit card during
this period on anything (products, sup-

THE TRIBUNE

“As an offshore provider of finan-
cial services, the Bahamas can ill
afford to have one negative incident
occur due to the malfeasance of an
unknown and under-regulated auditor
from Europe or any other jurisdic-
tion. It should also stand to reason
that the signing of the agreement with-
out consideration for the requirements
of the Public Accountants Act would
result in a contradiction of existing
legislation.”

The BICA source told The Tribune
that if Bahamian accountants went to
practice in the EU, they would expect
to be supervised by regulators in that
region.

AS a two-way trade agreement
involving reciprocity, Bahamian
accountants will now have greater
access to the EU market. But the
BICA source said while Bahamian
accountants had gone to work in
Europe before as liquidators, trust
accountants and forensic accountants,
the numbers were not great.

Given economies of scale and the
greater resources European accoun-
tants and firms had access to, it was
difficult for Bahamians to break into
the EU anyway, so the source felt the
EPA would not change the current
situation much.



’ plies etc) that have a net value close to

your credit card interest fee (18 per
cent and up). Try to obtain a line of
credit now — it might come in useful in
the future when you can buy invento-
ry at a significantly reduced dollar val-
ue. Try to refinance your business loan
now, but only if you are going to pay
the same interest rate or less. It might
be too late or costly to refinance your
business loan when the recession
occurs because banks will put a
squeeze on lending money.

Remember, the only way to suc-
cessfully operate a business during a
recession is to evaluate all areas of
your present business model and
refine it by focusing on reducing oper-
ating costs and expenses; improving
staff morale and productivity levels;
increase customer service activities;
and stabilising sales potential and
profit margins. SMB owners should
now adapt a business survival strategy,
and their mission should be ‘Staying
Open for Business during a Reces-
sion’.

For more information about this

- article, contact: Mark A Turnquest at

e-mail: markturnquest@consul-
tant.com, Web Site: www.markturn-
questconsulting.com :

“Informative. I can be sure to read something of value in The Tribune. It is filled with





important to me. The Tribune is my newspaper.”

The Tribune

information about local news, sports, entertainment and world news — subjects that are

JASON RAHMING
CONSTRUCTION FOREMAN





THE TRIBUNE : MONDAY, APRIL 21, 2008, PAGE 7B

The Tribune

Nassau and Bahama Islands’ Leading Newspaper









\ IF you ve ry d yout thu i soit with the looks to match, THE TRIBUNE vanis |
‘you! Are you or your Mother, (or someone you know) always celebrated:as

looking at least ten years younger than you actually are? If so, THE TRIBUNE
wants to hear from, you. We're looking for timeless beauties - 50 and over ~for the
~~ launch Fabulous at Any Age promotion starting this Mother's Day.
‘There are three categories to enter:



e-mail application forms Sd. images to features @tribunemedia, net. Include the
following information in the e-mail or on the back of each photo: age, birth date,
address and phone numbers.
__ Photos will not be returned.
All entries must be received by May 2nd, enue: Good luck.

*SEE APPLICATION FORM BELOW

“Fabulous at Any Age” The Tribune & John f Bull

Name: - , Age: ! Date of birth:
Address: | Phone number - Day/Evening and Cell:

1.. Tell us what makes you an Ageless Beauty (100 words or less):







2, Beauty secrets: Tell us about your defining feature and how you maintain it (100 words or less):

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want to follow your example for a healthy, active, beautiful, “ageless” life (100 words or less):





PAGE 8B, MONDAY, APRIL 21, 2008

THE TRIBUNE





KINGSWAY ACADEMY
Vacanies for Teachers for September 2008




Kingsway Academy is seeking applicants for teaching
positions in the following areas:

Teachers for Grades 2 through 6

Clothing Construction and Craft/Needlework
‘Music (Part-time or full-time)

Spanish

French

Home Economics/Art and Craft

Carpentry and Joinery

Chemistry ~

Physical Education/Health Science
Labratory Technician
Mathematics and /or Physics







High , School

qualified and

applicants should be










[ee LLNS © a a ee
Incorrect rates and non-payment woes hit Customs

FROM page 1B

lading were released without
any evidence to suggest duties
were collected.

“A number of office orders
authorised by management for
the release of goods.

“The absence of duty entries
is an indication that relevant
duties have not been collect-

ed. ”

The Auditor-General’s
report said all these issues had
been raised with the Customs
Department in previous audit
reports, suggesting that little
to no effort has been made to
remedy the deficiencies.

As a result, revenue. leakage
and the Government’s inabili-
ty to collect all funds due to it
has persisted, harming the

Bahamian taxpayer’s interests.
When it came to Customs’
operations in the Family
Islands, the Auditor-General’s
department carried out con-
tinuous audits in Grand
Bahama, Abaco and
Eleuthera, including surprise
inspections, with all other
islands audited from Nassau.

Once again, the findings
were that “incorrect rates of
duty were applied in many
instances”, “manifests were
outstanding at some ports of
entry”, and “goods were
released without payment of
duty at some Customs sub-
offices”.

Other weaknesses that came
to light were how the Customs
Department dealt with queries
and questions received over
the import duty rates it levied.

In fiscal year 2005-2006, some
679 queries involving $310,855
in duties were raised. Of these,
just 21 were resolved, netting
the Government an additional
$7,946 in revenue.

The Auditor-General’s
report said: “These queries
came about as a result of the
application of incorrect rates
of duty and stamp tax.

“Of concern is an extended
delay in replying to these
queries. Management should
seek to remedy this situation
without undue delay.”

The Customs Department
was also responsible for col-
lecting revenue generated by

ticket tax imposed on persons:

travelling on international air-
lines outside the Bahamas. For
the year, ticket tax collected
totaled $1.217 million, a 26.92

per cent or $448,116 decline

on the previous year’s $1.665
million.

In its audit, the Auditor-
General’s Department found
that passenger ticket tax pay-
ments received from different
airlines were not paid in a “sys-
tematic fashion”, and that pay-
ments were received at times
more than a year after they
were due.

For the fiscal year 2005-2006,
the Customs Department col-
lected $739.09 million in rev-
enues, an increase of 17.86 per
cent or $111.986 million upon
the previous Budget year total
of $627.104 million.

Some 66 per cent of the rev-
enues collected came in the
form of import duties, stamp
duty accounting for another 18
per cent.

willing to teach to the BGCSE, S.A.T.II, and AP level
with at least a Bachelor’s Degree, or equivalent, with
6 years experience at the High School level in the





particular subject area along with a. Teacher’s
Certificate. A Masters Degree in education, in teach-
ing and learning, or the content area, would be an asset.
All successful candidates should have the following:








An Academic Degree in the area of specialization
A Teaching Certificate

Excellent Communication Skills

A love for children and learning

High standards of morality

¢ Bea born again Christian










Letters of application together with a recent color
photograph and detailed Curriculum Vita (including the
names and addresses of at least three references, one being
the name of one’s church minister) should be forwarded to:






Ms. Kelcine Hamilton

Academy Affairs Manager

| Kingsway Academy Business office
Bernard Road

Nassau





Salaries would be commensurate with qualifications and

experience
Deadline for Applications is Friday May 2, 2008

NOTICE

IN THE MATTER OF CORSAIRE LIMITED





AND IN THE MATTER of THE
INTERNATIONAL BUSINESS COMPANIES
ACT Ch. 309 Statute Laws of The Bahamas,
2000 Edition

NOTICE IS HEREBY GIVEN that a petition for
the winding up of the above- named company
by the Supreme Court on the 27th day of
March, 2008, has been presented to the said
Court by Corsaire Limited, the petitioner.

And that the said petition is directed to be
heard before the court sitting at the Supreme
Court Building, Bank Lane, Nassau, Bahamas,
on the 7th day of May, 2008, and any creditor
or. contributory of the said company desirous
to support or oppose the making of an order
on the said petition may appear at the time of
hearing in person or by his attorney for that ©
purpose; and a copy of the petition will be
furnished by the undersigned to any creditor
or contributory of the said company requiring
such copy on payment of the regulated charge
for the same.

HIGGS & JOHNSON |
Chambers _
Ocean Centre, Montagu Foreshore
East Bay Street Nassau, Bahamas
Attorneys for the Petitioner

Note:- any person who intends to appear on
the hearing of the said petition must serve on
or send by post to the above-named, notice in
writing of his intention so to do. The notice must
state the name and address of the person, or,
if a firm, the name and address of the firm, and
must be signed by the person or firm, or his or
their attorney (if any), and must be served, or if
posted, must be sent by post in sufficient time
to reach the above-named not later than 4:00
o'clock in the afternoon of the 6th day of May,
2008.





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 of prfessionals and

is a motivated team-player.

Please send your resume with a salary expectation
to HR Management,
_ P.O. Box N-7755, Nassau, Bahamas.

TAYLOR .
INDUSTRIES LTD.

111 Shirley Street

Sa
PUTT aL (Lit
Thursday, April 24

Friday, April 25
Saturday, April 26

We regret any inconvenience this
will cause to our customers



ADMINISTRATION ASSISTANT

Main Responsibilities: _

The ideal candidate will be responsible for the companies
building maintenance, and serve as a management liaison for
the entire company.

Applicants will be responsible for:

¢ Assisting in the day-to-day opetations of the Company

* Following up on outstanding store matters

+ Assist with issues regarding the property and management
thereof

Requirements:

* Excellent verbal and written communication skills
. * Have the ability to mult task

* Excel appreciation of IT matters

* Basic supervisory skills

Remuneration:
We offer in return an excellent remuneration package,
inclusive of medical and life insurance.

Interested persons may forward a copy of their Résumé to:
The Human Resources Manager
Fax: (242) 322-6607

Email: hr@luxuryretaillimited.com

Do you have ta spend more than a few days in &
Nassau or Freeport and need somewhere to et a
Do you want to save money and not pay touriet
charges for a small cramped up hotel room?

Rent a tastefully furnished apartment in a nice
© arca for a week or more at a fraction or what it
for a similar hotel room

Check out Stop-N-Shop .
Hame-Away-From-Home Program

Contact bahamas. homeaway fromhome@gmail.com
| Or call the Stop-N-Shop Tele: 1(242) 394-4949

To view apartments wre bahamas’
and Click on Soonwee “ate Os Online Store”

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, NICOLA TAYLOR of Lynden
Pindling Estates District of the Island of New Providence one of
the Islands in the Commonwealth of The Bahamas the mother
of DACODA ARTHUR, intends to change his name to DACODA
TAYLOR. If there are any objections to this change of name by
Deed Poll, you may write such-objections to the Chief Passport }
Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty
(30) days after the date of the publication of this notice.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, SANDRA ANNE THOMPSON
of P.O. Box FH-14383, Nassau, Bahamas, intend to change
my name to ANNE SANDRA THOMPSON. If there are any
objections to this change of name by Deed Poll, you may write
such objections to the Chief Passport Officer, RO.Box N-742,
Nassau, Bahamas no later than thirty (80) days after the date of
the publication of this notice.

LIMITED

lipernes

acyiinics PAYABLE /
RECEIVABLE ASSOCIATE

Bahamas Supermarkets Limited operates a leading
supermarket chain in The Bahamas. As a market leader,
the Company prides itself on delivering premier service
through its City Market supermarkets, having a strong
commitment to its customers, associates and community.

An opportunity for an Accounts Payable / Receivable
Associate in New Providence to join this market leader
has arisen.

Reporting to the Accounts Payable/Receivable
Supervisor, the successful applicant will have previous
experience in accounts payable/receivable;

* Verify and pay vendor invoices, enter invoices
into the payable system
Research and respond to vendor inquiries
Prepare sales invoices and bill customers
Maintain collections of outstanding accounts
Must be prepared to be methodical and detailed
in ensuring compliance with company policies
Have a clean police record and good character
references
Associate Degree in business
administration/accounting or the equivalent in
experience or self-education
Have good communication (verbal and written)
and interpersonal skills
Solid functional computer skills with working
knowledge of Windows XP, word processing and
spreadsheet applications

If you have what it takes to succeed in this challenging role,
forward your resume and cover letter to:

Human Resources Director
Bahamas Supermarkets Limited
East-West Highway « P. O. Box N 3738 * Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com
No telephone nguinies please

Cit Market





THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 9B



Government will not ‘write off all
$410m in real property tax owed

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

THE Government will not
take the ‘blanket approach’ of
writing off the entire $410 mil-
lion it is owed in accrued real
property taxes, the minister of
state for finance conceding that
while a large percentage of that
amount will never be collected,
it will first determine who can
pay.

Zhivargo. Laing said the
Ministry of Finance will sys-



and application request to hu



BGCSE'’s Math and English Incl.



Incl.



precisely



Deadline April 25th 2008

Tropical Companies Ltd. needs new team members. If you are someone
who enjoys meeting new people, committed to making a difference iin
tourism, are goal orienitated and loves a eee Send your resume





Positions Avaliable

Cashiers/Sales Associate - Must have at least two years of sales
experience and one year cashing Must be computer literate and have 5

Entry Level Sales Associates - Must have 3 BGCSE Math and English

Stock Room Workers - Must be hard working. Drivers License is
recommended Must be computer literate and able to follow instructions

Maintenance Man - Must have knowledge in electrical, plumbing and
carpentry. Must have prior work experience as a handy man.

tematically examine the real
property tax arrears to deter-
mine how much, if any, the
Government will have to for-
give.

He said there was no ques-
tion that consideration would
have to be given to the collec-
tion of the outstanding funds,
and added that the Govern-
ment cannot take the blanket
view of writing it all off.

Mr Laing was responding to
comments made by his prede-
cessor, James Smith, who told
Tribune Business last week the
Government should write off














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7 Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) BESS INVESTMENTS LIMITED is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of satd Company commenced on April 18, 2008
’ when its Articles of Dissolution were submitted and registered by

the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

-(d) All persons having Claims against the above-named Company are
required on or before the.19th day of May, 2008 to send their names and
addresses and particulars of their debts or claims to the Liquidator of the
company or, in default thereof, they may be excluded from the benefit of
any distribution made before such debts are proved.

APRIL 21, 2008

LAKEISHA COLLIE

LIQUIDATOR OF THE ABOVE-NAMED COMPANY



Legal Notice

NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) REVENGE FUND LIMITED (SAC) is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on April 18, 2008
when its Articles of Dissolution were submitted and registered by

the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 19th day of May, 2008 to send their names and
addresses and particulars of their debts or claims to the Liquidator of the
company or, in default thereof, they may be excluded from the benefit of
any distribution made before such debts are proved.

APRIL 21, 2008

LAKEISHA COLLIE

LIQUIDATOR OF THE ABOVE-NAMED COMPANY

Gen



the almost $410 million that
the Auditor General says it is
owed in unpaid real property
taxes.

Mr Smith said: “I think that
we are fooling ourselves if we
continue to carry them in the

Government’s accounts. The .

best thing would be to write
them off.”

However, Mr Laing said the
Ministry of Finance would
have to carefully determine
just how much money should
be forgiven, although he
acknowledged: “It doesn’t
make sense to have arrears
remain on the government
books that cannot be repaid.”

While he admitted that some
of the funds will never be
recovered, he said that to just
write it off would send the
message to other persons.

“That would send the mes-
sage that the defendant gets
off scot free,” Mr Laing said,

adding that the Government

was determined to enhance
revenue.collection.

“We are now trying to
enhance our revenue collec-
tion, and one of the things that
we will be doing is training tax
officers whose only duty it will
be to collect what is owed the
Government.”

Mr Laing said particular
attention needed to be focused
on the Family Islands.

“Also, we need to focus on
making paying bills a more
convenient process, as that is
one of the problems in collect-
ing revenue,” he added.

For example, Mr Laing said
simple measures such as plac-
ing payment offices closer to
persons, and online facilities,
could encourage payments, as
could offering incentives such
as discounts for earlier pay-
ments. ‘

Healing Communicators Toastmasters Club 7178)

PROFESSIONAL
DEVELOPMENT
SEMINAR





eit

Supt. Walter Evans
PSs TC MUU Cla

IM Dwain Wallace

Be OCs eT CoLy

(BMA MM tebertisie Meted dats] aa 3

{Mottvating Your Staff & Communtcating Effectively)

DTM Keith. Major

{Halding Effective Business/Committee Meetings)

Registration is $100.00 per person
@ Continental Breakfast and Buffet Style lunch will be served
Contacts: Deidre Goodman: (242) 465-0569
Elaine Bullard: (242) 364-7752
Terrance Pratt: (242) 324-15ll

FMA protessionalseminar@hotmail.com

HOLY CROSS ANGLICAN
CHURCH

Soldier Road at Highbury Park, N.P.

Is seeking a suitable person
To assume the post of

PARISH ORGANIST

(Anglicans & Non-Anglicans will be considered)

Interested persons
may contact:

Rev'd Fr. Norman Lightbourne,

Rector
Holy Cross Anglican Church
P.O. Box SS-5808
Nassau, N.P,

393-2428
(Church office)

394 -2109

(Fax)

holycrossanglicanchurch@coralwave.com
(email)

Vacancy currently exists for

OPERATIONS MANAGER

| We are a leading retail organization with a strong and growing presence looking for a
| dynamic individual to join our team of professionals in a senior management position.

| General Duties

Ditect and co-ordinate Head Office functions in conjunction with Office Manager.
Provide hands-on operational support management to retail store locations

All property management and maintenance matters

Ability to manage budgets and implement cost containment procedures

Oversee other Management functions ;

Basic Requirements

* Minimum two (2} years experience in a similar position; is desirable

Willingness to wotk flesible hours

Ability to analyze and teact effectively to bring matters to completion

Strong Leadership, Administrative and Managerial skills

Excellent Written and Oral Communication skills

Computer Literacy in Microsoft Office suite,

Basic understanding of computer network systems.

pe s degree in Business Management or other related field would be an asset.

Benefits include a comprehensive medical and life package, Salary is commensurate with
qualifications and experience,

Interested persons may forward a copy of their resume, in confidence to:
Please submit your resume in confidence to:

The Human Resources Manager
P.O. Box N-623
Nassau, Bahamas
_ Fax: 322-6607. / 328-5902



2007
CLE/QUI/385

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT
Equity Side

IN THE MATTER OF the Quieting Titles Act
Chapter 393 Statute Law of the Commonwealth
,v~ Of The Bahamas... «05 ens macs cane care on

sey ye BE COR EME EUs by

IN THE MATTER OF ‘ALL THAT piece parcel or lot
of land situate at Palmetto Point on the Island of Eleuthera
one of the Islands of the Commonwealth of The Bahamas
being that lot bounded on the NORTH by land the
property of Eleuthera Land Company Limited and running
thereon One Hundred (100) feet on the EAST by land
in the Estate of the Late George Cooper and running
thereon One Hundred and Seven Feet and Four Hundredths
(107.04) on the SOUTH by land of Lina Ingraham also
known as Lima Ingraham and running thereon One
Hundred Feet and Eighty Hundredths (100.80) and on
the WEST by land of Collison Ingraham and running
thereon One Hundred and Four Feet and Fourty Four
Hundredths (104.44).
AND

IN THE MATTER of the Petition of WILBERT
D. THOMPSON

NOTICE OF PETITION

Take notice that by Amended Peat filed in the Supreme
Court of The Bahamas on the 27 day of November,
A.D., 2007 WILBERT D. THOMPSON of the settlement
of North Palmetto Point on the Island of Eleuthera one of
the Islands of the Commonwealth of The Bahamas
(hereinafter “the Petitioner”) claims to be the owner in
fee simple in possession of the above captioned piece
parcel or lot of land and has made application to the
Supreme Court of the Commonwealth of The Bahamas
under section 3 of The Quieting Titles Act 1959, to have
his title to the said piece parcel or lot of 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.

A plan of the said land may be inspected during normal
office hours in the following places:

1. The Registry of The Supreme Court, Ansbacher House,
East Street, Nassau, Bahamas.

2. The Chambers of Cedric L. Parker & Co. No. 9 Rusty
Bethel Drive, Nassau, Bahamas.

3. The Office of the Administrator, Governors Harbour,
Eleuthera.

Take notice that any person having dower or right of
dower or any adverse claim or a claim not recognized in
the Amended Petition must on or before the expiry of
Thirty (30) days following final publication of this notice
file in the Supreme Court and serve on the Petitioner and
the undersigned a Statement of his Claim in the prescribed
form, verified by an Affidavit to be filed therewith together
with a plan of the area claimed and an abstract of title to
the said area claimed by him. Failure of any such person
to file and serve a Statement of his Claim on or before the
Thirtieth (30) day following final publication of this notice
will operate as a bar to such claim.

CEDRIC L. PARKER & CO.
Chambers
Neil’s Court
No. 9 Rusty Bethel Drive,
Nassau, Bahamas
Attorneys for the Petitioner





PAGE 10B, MONDAY, APRIL 21, 2008

THE TRIBUNE



MMP Loree ee ae ee ee 2 a ae
Bahamas Waste investing $500k in recycling facility

FROM page 1B

the recycling facility, given that
it had received “some conces-
sions from the Government on
the equipment”, although it
might initially operate it
through the existing workforce.

“This is new for us, so it will

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.



be a bit of a learning curve for
us in sourcing the cardboard,
cleaning it, straightening it and
producing it,” Mr de Cardenas
told The Tribune.

Bahamas Waste has been
among the Bahamian busi-
nesses that have tried to take
the lead in developing alterna-
tive, renewable energy sources,
plus waste recycling methods
that benefit the environment.

To date, the company has
enjoyed some _ success,
although it still awaits final
government approval for a

$750,000 biodiesel plant it will.

develop in a 50/50 joint ven-
ture with Cape Systems, an
arm of the Cape Eleuthera
Institute, believing that 500,000
gallons of waste cooking oil
are generated every year on
New Providence alone.

Meanwhile, Mr de Cardenas
said Bahamas Waste’s joint
venture on the recycling of
green waste into mulch, com-
post and soil was “going amaz-
ingly well”.

The BISX-listed entity made
a $100,574 investment to take a
19 per cent stake in Green Sys-
tems, the recycling company,
which is based at the Airport
Industrial Park. While Green
Systems’ profits were relative-
ly flat during 2007, Bahamas

Waste’s share being just
$5,295, the potential it holds is
considerable, given that some
of the largest Bahamas-based
companies are already pur-
chasing its recycled products.

“We're actually taking pal-
lets of it from the landfill and
turning it into mulch,” Mr de
Cardenas told The Tribune.
“We’re taking green waste and
turning it into compost and
soil.

“We have some very large
customers that have commit-
ted to 100 per cent Bahamian
product. One of them is Kerzn-
er. They will not be importing
any more foreign mulch.”

Mr de Cardenas added that
the development of alterna-
tive, renewable energies and
environmentally-friendly waste
disposal and collection meth-
ods were “going to be pretty
important” to the Bahamas’
economic and social future.

“We have so many resources
that enable us to look at all
energies,” he added.

Despite Bahamas Waste’s
total sales revenues increasing
by 13.7 per cent to $7.911 mil-
lion during fiscal 2007, a rela-
tively limited amount found its
way to the company’s bottom
line, thanks largely to soaring
fuel-reiated costs.

¢



NOTICE

For the 12 months to
December 31, 2007, Bahamas
Waste’s cost of sales and direct
expenses rose by 16 per cent
to $5.064 million, compared to
$4.366 million the year before,
resulting in gross profits rising
only by 9.8 per cent to $2.847
million.

When a 14.2 per cent
increase in total operating
expenses to $1.881 million was
factored in, compared to
$1.647 million the year before,
Bahamas Waste saw operating
income rise by only 2.1 per
cent to $865,602, with net
income up by 2.9 per cent at
$1.051 million. Net profits as
a percentage of sales were
down 3 per cent.

“We’ve had a tremendous
increase in our operations
costs,” Mr de Cardenas told
The Tribune.

“Our fuel prices are over $5
a gallon. I believe, if I’m not
mistaken, that when I started
here in 1998, prices were about
$1.30 a gallon. You're talking
about an almost four-fold
increase in the price of fuel.
The price of fuel has increased
300 per cent, and my maximum
rate increase in that time is 10-
15 per cent.”

While Bahamas Waste’s
2007 performance was good,

NOTICE is hereby given that JOALEME H. LAFRANCE

of BELLOT ROAD OF FAITH AVE., BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen

given the circumstances, the
company had been looking for-
ward to an even better year.
That did not materialize,
though, due to the fact that
major foreign direct invest-
ment projects — particularly
Baha Mar and Albany - did
not materialize by. the expected
start date. This created a
“void” after construction work
finished on Kerzner Interna-
tional’s Phase III expansion.

Analysts consider the con-
struction component of these
projects to be Bahamas
Waste’s ‘bread and butter’.
The company not only obtains
contracts to collect and dispose
of waste, but also provides
portable toilets for the con-
struction workers’ use. Long-
term, it also bids on the
garbage collection contracts
for the completed projects.

“We had a wonderful year
all things considered,” Mr de
Cardenas said of 2007. “We
actually thought the projects
would have started in the last
quarter, October, November.
We thought we would have
been involved, with Albany,
Baha Mar. We were looking
for a banner year, all things
considered.”

Bahamas Waste has also
been continually frustrated in
its efforts to move into
Freeport, Mr de Cardenas
questioning how a Bahamian
public company was not
allowed to operate in this

nation’s second city. If it did, it.

would be in direct competition
with Sanitation Services, a

company in which the Grand
Bahama Port Authority’s
(GBPA) principals, the Hay-
ward and St George families,
have an interest.

Nor has the company heard
any news on the residential
garbage collection contract
that the Government put out
to tender in October, although
it believes it is the lowest bid-
der.

On the Abaco front,
Bahamas Waste has sent
another truck over to the
island to begin rear-load col-
lection services, targeting small:
commercial and business
accounts chiefly in the Marsh -
Harbour area.

Writing in Bahamas Waste’s
annual report, its chairman
Peter Andrews said: “Soaring
costs of fuel affect every aspect
of our business from increased
freight, increased running
costs, tyres, steel and the cost
of the office operation.

“This coupled. with a rash of
small competition who stay in
business by undercutting
prices, as they have no over-
heads, keeps us on our toes to
offer superior reliable service
while maintaining reasonable
margins.”

Sales for 2008 were expected
to increase, Mr Andrews said,
while Bahamas Waste had
acquired four acres of land for
additional expansion at its
Gladstone Road headquarters.
This site will house the
biodiesel facility, when
approved, and the recycling
plant.

We have a vacancy for an
experienced Sushi Chef.

Please leave resumes at Indigo on Cable Beach
#1 Skyline Drive
P.O.Box AP 59108
Nassau, The Bahamas
Tel: (242)-327-2524
Fax:(242) 327-2535" :



Legal Notice

NOTICE

BAMBARI CENTRAL S.A. |

— 4,

Notice is hereby given that in accordance with Section |

138 (8) of the International Business Companies Act 2000,
the dissolution of BAMBARI CENTRAL S.A. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off, the Register.





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 14th day
of April 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that VALDOR CHARLES of
BLUFF, ELEUTHERA, 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 14th day of
| April 2008-.to.the Minister responsible for. Nationality

and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

Legal Notice
NOTICE

SURFIN LTD.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, SURFIN LTD. is in.dissolution as of April 17,
2008.

Michael Hartman of 1211 Avenue of the Americas, 6th
Floor, New York, NY 10036 is the Liquidator.

Legal Notice

NOTICE

GLOBAL WEALTH
HOLDINGS INC.

(In Voluntary Liquidation)

Notice is heteby given that the above-named
Company is in dissolution, which commenced on
the 17th day of April 2008. The Liquidator is Argosa

Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

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.

ARGOSA CORP. INC.

(Liquidator) 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

LIQUIDATOR

FG CAPITAL

BROKERAGE & ADVISORY SERVICES
Interested persons should submit
offers in writing addressed to:

The Manager, Credit Risk Management - Collection
Unit, P.O. Box N-7518, Nassau, Bahamas

S52wk-Low Previous Close Today's Close
Abaco Markets 1.94 1.94 0.00
Bahamas Property Fund 11.80 11.80 0.00

Bank of Bahamas 9.61 9.61 0.00

Serious enquiries only

Benchmark 0.99 0.99 0.00
Bahamas Waste 3.66 3.50 -0.16
Fidelity Bank 2.60 2.39 -0.21
Cable Bahamas - 13.70 13.70 0.00
Colina Holdings 2.87 2.87 0.00
Commonwealth Bank (S1) 7.22 7:20 -0.02
Consolidated Water BDRs 4.86 4.97 0.11
Doctor's Hospital 2.66 2.89 0.23
Famguard i 7.92 7.92 0.00
Finco 12.92 12.92 0.00
FirstCaribbean 13.24 13.24 0.00
Focol (S) 5.05 5.05 0.00
Freeport Concrete 0.61 0.61 0.00
ICD Utilities 6.86 6.86 - 0.00
J. S. Johnson 12.30 12.30 0.00
3 Fidelity Over-The-Counter Securities :
Bid $ Ask $ Last Price
Bahamas Supermarkets 14.60 15.60 14.60
Caribbean Crossings (Pref) 6.00 6.25 6.00
i 0.35. 0.40 0.35 m a : A
. Colina Over-The-Counter Securities : 5 eee
41.00 43.00 41.00
14.60 15.60 14.00
OBS occrrrrpsrrg nese PD 0.45
BISX Listed Mutual Funds
Last 12 Months
5.61%
13.11%
3.87%
17.78%
5.72%



Legal Notice

NOTICE

WEIRTON CORP.

Weekly Vol.

ak Bites

Bahamas Supermarkets Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of WEIRTON CORP. has been com-

pleted; a Certificate of Dissolution has been issued and

NAV
1.308126°""*
2.996573°"°"*"
1.387505°**
3.7011°*°*
12.1010°"
100.00°*
100.00**

YTD%
1.25%
-0.14%
0.90%
-2.52%
1.40%

Fund Name
Colina Bond Fund
Colina MSI Preferred Fund
1.2647 Colina Money Market Fund
3.1827 Fidelity Bahamas G & | Fund
11.4992 Fidelity Prime Income Fund
100.0000 CFAL Global Bond Fund
100.0000 CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.00°*
Fidelity Int rational Investment Fund 9.6346" :
4 — Market Terms

S2wk-Low
1.2443
2.6629

the Company has therefore been struck off the Register.

-8.:24% -8.24% .

Sk LEER ITE
YIELD - last 12 month dividends divided by closing price * - 29 February 2008
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 $ - A company’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

1,000.00
5S2wk-Hi - Highest closing price in last 52 weeks
5S2wk-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 daily volume
Change - Change in closing price from day to day
Daily 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
'S) - 4-for-1 Stock Split - Effective Date 8/8/2007
31) - 3-for-1 Stock Split - Effective Date 7/11/2007
a

** - 31 December 2007
*** - 41 April 2008
eee" - 31 March 2008

ARGOSA CORP. INC.
(Liquidator)





THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 11B



©

Oil import costs double to $108m

‘ @ By NEIL HARTNELL
Tribune Business Editor

“STEADY gains” in consumer
spending continued to prop up the
- Bahamian economy during February,
‘the Central Bank of the Bahamas
‘reported, although how long this will
- continue is open to question with the

bank itself merely confirming that this
nation’s 2008 first half economic
‘growth was “likely to be relatively
‘mild”.

Signs of a slowdown in spending by

. Bahamian consumers are already in

‘place, the Central Bank noting that
‘for the first two months of 2008,
growth in consumer credit declined
by 26.8 per cent to $13 million in com-
‘parison to 2007 figures.

‘ This overshadowed a 7.8 per cent
‘increase in mortgage growth to $39.5

Consumer spending props up economy, but for how long?

million for the January-February peri-
od, and could also be a sign that com-
mercial banks are switching their loan
portfolios to mortgages — which offer
greater physical security — from the
riskier consumer loans.

Total private sector credit growth
increased by $41.2 million during the
first two months of 2008, although
this was $11 million below 2007's fig-
ure.

February alone also produced signs
of faltering Bahamian business confi-
dence and investment, with the 15.4
per cent decline in private sector cred-
it growth entirely attributed to an $8.3
million decline in commercial loans.

Consumer and mortgage credit
growth remained stable.

Update

In its update on the Bahamas’ eco-

nomic outlook, the Central Bank con-

firmed that activity had softened with
the weakening in foreign direct invest-
ment, and said further concerns were
sparked by the increase in global oil
prices.

This, the Central Bank added, was
continuing “to trigger broad based
hikes in domestic price levels”, erod-
ing Bahamians’ standard of living
through inflation and an increased

cost of living. The effects are already
being felt in countless household bud-
gets in the form of increased energy

. and food bills.

Consumer price inflation for the 12
months to February 2008 increased
to 2.4 per cent, compared to 2.1 per
cent the year before, the main increas-
es coming in furniture and household
operations, 6.1 per cent; food and bev-
erages, 3.7 per cent; medical care and
health, 3.3 per cent: and transport, and
communications, 3.3 per cent.

‘However, the Central Bank

“remains cautiously positive” on the’
outlook for banking sector liquidity »

and the external reserves, pinning its

hopes on the prospects for some
major mixed-use resort projects to
get underway in the 2008 second half.

Foreign exchange required for the
purchase of oil imports “more than
doubled” to $107.5 million for the
first two months in 2008, a major fac-
tor in keeping the growth in external

.Teserves over the period to just $33

million, compared to $103.7 million
the year before.

In the banking system, the increas-
es in both excess reserves and excess

liquid assets were lower by $15.3 mil-
‘lion and $21.8 million respectively,

standing at $60.6 million and $52.9
million. —

Fashion week attendance may exceed predictions by five-fold

FROM page 1B

beyond what I anticipated. I
was just looking at 200-300,
maximum, and most of that I
was looking at coming from
the Bahamas. We’ll see
whether the result proves that
correct.”

Mr Bethel told The Tribune
that if the attendance predic-
tions proved accurate, the eco-
nomic impact from Nassau
hosting the event “moving for-
ward will be a significant one”.

He added that if Islands of

the World attracted 1,000 per-
sons for that four-day period,

where the fashion show com-:

ponent would be hosted, was
looking at receiving between
$500-$600 in room revenues
per person, regardless of their
personal spending.

If the fashion week visitors
remain true to Ministry of
Tourism data that stopover vis-

between $1,000 to $1,100 ona
Bahamian visit, then it is pos-
sible that the event’s econom-
ic impact may run into
between $1 million to $2 mil-
lion. That is not a number to
be sneezed at, given the pes-
simistic outlook many in the
Bahamian hoiel industry have
for the sector in 2008.

“Tf we are feeling the effects
of the recession, and the
tourism industry is bracing
itself. for that, events like this
will be a boon,” Mr Bethel told
The Tribune.

The newly-projected atten-
dance, though, may give Mr
Bethel.a nice problem to have,

Hilton’s ballroom — where the
main fashion shows will be
held — can only seat between
500-600 maximum once the
catwalk runway is placed in
there. The opening and clos-
ing ceremonies will be held at
Atlantis.

Among those likely to
attend the Islands of the World

tale r0 ee

the British Colonial Hilton, ’

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ONE NETWO

itors spend an average of

a
iS C

given that the British Colonial

.Fashion Week, which is being

held from November 5-8, are
fashion industry buyers and
entrepreneurs, plus dedicated
fashion followers who move
from show to show through-
out the year.

Mr Bethel told The Tribune
his plans were “certainly to put
it [Islands of the World] on as
a regular event to provide the
international showcase for up
and coming designers, and to
give them the ability to manu-
facture their lines of clothing
and have it purchased by buy-
ers and major merchants out-
side their countries.

’“One proposal has come to
move the show around to dif-
ferent islands around the
world, so that it’s not just
shown in the Bahamas. I’m:
i certainly trying to fight that
., one.’

Islands of the World will
seek to showcase both garment
designs and accessories, Mr
Bethel added, with the event
having received “a great
response on both”. A Screen-
ing Committee has been
tasked with sorting through all
applications to select the
designers who will display their
wares, with “a fairly good rep-
resentation from the
Bahamas” expected.

The fashion show had
already received about 30
expressions of interest from
designers in nations such as
Fiji; Indonesia, Madagascar,
Grenada, Jamaica, Trinidad,
Bermuda, Barbados and St
Croix. That number is likely
to ‘be whittled down to
between 15-20.

Mr Bethel said Islands of the
World should give the
Bahamas a “significant” mar-
keting and publicity boost.
Advertising showing the event
was happening in the Bahamas
had already begun, and orga-
nizers will meet with the Min-
istry of Tourism this Friday to
obtain further marketing sup-
port.

Mr Bethel said the show’s
impact would probably be sim-
ilar to that made by the
Bahamas International Film
Festival, given that it would
again place this nation “as the

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centre of a showcase”.

One of the goals behind
Islands of the World is to try
and stimulate the revival of the
Bahamian fashion and gar-
ment design/production indus-
try. Mr Bethel pointed out that
while government tax incen-
tives had encouraged the
development of cottage textile
manufacturing industries, espe-
cially seamstresses, none had
“gone on” to develop their
skills further and expand into
design.

He added that he was work-
ing with the Bahamas Techni-
cal and Vocational Institute
(BTVI) to get its fashion stu-
dents involved in Islands of the
World.

ela

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PAGE 12, MONDAY, APRIL 21, 2008

| L-R: Ba
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THE TRIBUNE







FINANCIAL SERVICES, INC. — A> imei
A Subsidiary of Bank of The Bahamas Limited — Te fae

“Bank of The Bahamas Board of Directors, Mrs. Ruth Miller and
Mr. Hartis Pinder, exit the Bahamasair Charter to celebrate the
opening of BOB, Financial Services, Inc.



Mrs. Zsa Zsa Laing cuts the ribbon to BOB, Financial Services, Inc. as

Minister Laing and Mr. and Mrs. McWeeney look on.



BOB, Financial Services, Inc. brings Junkanoo
to Miami.

Ci

201 Alhambra Circle, Suite 104 Match te jneoee and
| : 4° oyle Ro “Pt. of BOBI. L-R:
Coral Gables, Florida 33134 — y2’7Rol

Laurie Maj
yor, Sen
Mgr. Tameka Forbes, Dania a

T el : 3 0 5) Ad 6- 6 1 6 5 Ferguson and aa Darville.






Full Text


The Tribune



BAHAMAS EDITION



MONDAY, APRIL 21, 2008

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20 feareti deal P

in boat tragedy

-RBDF official says information Us Bea OTS
so far points to possible f
human smuggling operation

a By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

AS MANY as 20 people are
feared dead today as a result of
a boating tragedy between Nas-
sau and Bimini over the week-
end.

At press time last night the
Royal Bahamas Defence Force
reported that nine bodies had
been recovered from the ocean
off western New Providence
and an unknown number
remained unaccounted for.

A Haitian woman - one of
only three survivors found - told
authorities that she was with

Brent Dean

A MEDIC de

around 25 people aboard a boat
which left Nassau for Bimini on
Saturday when it sank. :

Authorities are as yet uncer-
tain-as to thé circumstances sur-.
rounding the unfolding tragedy, ,.,
which occurred not far from the
Berry Islands.

Royal Bahamas Defence
Force Chief Petty Officer Ralph
McKinney told The Tribune °

that information received by |. f

authorities so far points to a
possible human smuggling oper-
ation.

Only three survivors, a Hait-

.ian man and woman, and a

SEE page 10

Western Caribbean
NOV/15/08

15-Day

Western Ex oe Transat an itic

7-D

a i Gla aclers







Photos: Rodney Moncur

AN AMERICAN couple were hurt yes-
terday when their hired scooter hit a
Jeep head-on at the “Go Slow” bend
on West Bay Street. . {

Neal and Fran: Homel, from:
Boston, were taken to Doctors Hos-'
pital after their machine struck a vehi-'
cle being driven by Margaret Colom-,
bari at around 1.40pm

A witness said the scooter “veered
to the right” just before the collision.
The couple’s helmets flew off their
heads and landed on the other side of
the sea wall.

The Homels were said to be pas
sengers on the cruise ship aed of
the Seas.

“| don’t know how badly hu
were, but the man was cryin
and the woman appeared to
lacerations,” said the witness.

The Jeep driver was unhurt.

Bid to have Leslie Miller’s

Election Court case thrown out:

@ By BRENT DEAN
Tribune Staff Reporter
‘'bdean@tribunemedia.net

SIDNEY Collie, MP for Blue Hills, will attempt to have the
Election Court petition filed by former Cabinet minister Leslie
Miller thrown out by the court today.

In the motion to strike out Mr Miller’s petition, ‘filed by Mr
Collie’s attorney Michael Barnett last Tuesday, the MP claimed that
Mr Miller had not followed the necessary processes in court for the
action to continue.

The motion said Mr Miller “failed to file and serve on the first
respondent, as required by rule 14 of the Election Court, a list of
votes which the petitioner contends were wrongly admitted or
rejected stating in respect of each such vote the grounds of the peti-
tioner’s contention.”

SEE page 11










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Violent threats
against bishop
after call for
murders update

_ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BISHOP Simeon Hall has

received threats of sexual vio--

lence and death after publicly
demanding that authorities
update the public on the mur-
ders of two prominent homo-
sexuals, Dr Thaddeus McDon-
ald and designer Harl Taylor.
In a letter sent to Commis-
sioner Reginald Ferguson yes-
terday, Bishop Hall, senior pas-
tor at New Covenant Baptist
Church and chairman of the
National Advisory Council on

crime, said he received two.

threatening phone calls on Sat-
urday.

“Sometime after 3pm on Sat-
urday, two men called in suc-
cession with muted voices. I was
told to ‘mind my own (exple-

tive) business’ and ‘we are going :

to mess you up’,” he said.
“One said that he ‘would take
my Bible and shove it up my
,” Bishop Hall said in his letter
to the acting commissioner.
Earlier this month, the out-
spoken pastor called for an
update on the high-profile mur-
ders of Dr McDonald and Mr
Taylor, which occurred in
November last year.
--“SYou might know that there

Ambassador: no ”
information of plans
to downgrade the
embassy in Cuba

@ By ALISON LOWE
Tribune Staff
Reporter
alowe@tribunemedia.net

HAVANA, Cuba -
The Bahamian ambassador
to Cuba said Friday that he
has received no informa-
tion implying that the gov-
ernment intends to down-
grade the embassy in
Havana and he looks for-
ward to serving in the
neighbouring country “as
long as the conditions per-
mit” him to do so.

Asked to comment on
statements made by then
opposition leader Hubert
Ingraham before the elec-
tion, in which he said that
should the FNM come to
power the embassy would
immediately be downgrad-

SEE page 11

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are very many people in the
community who are coming to
their own conclusions, some of
which happen to be most

uncomplimentary, as regards to

police competence and integri-
ty,” said Bishop Hall in his letter
to Mr Ferguson requesting an
update on the status of the
investigation.

Mr Ferguson has: responded
to Bishop Hall’s call. Earlier this

SEE page 10.

Cuban golf plans

could challenge

‘Bahamas tourism

@ By ALISON LOWE
Tribune Staff Reporter
alowe tribunemedia.net

HAVANA, Cuba - The
Bahamas could be set to see
increased competition from
Cuba in the tourjsm sector as
the communist government has
its eyes set on massively
expanding opportunities it
offers to the world’s golfers over
the next several years, The Tri-
bune has learned.

On top of the already impres-
sive attractions in the cultural
and hotel sector available in the
island state of over 11 million
inhabitants, it has emerged that
the government, headed since
February by Fidel Castro’s
brother Raul, is in the process
of negotiating with investors in
England, Spain and Canada to
create 10 new golf courses over
the next two to three years.

A director in the Cuban Min-
istry of Foreign Investment and

SEE page 10















Toma eM eT AMR Res ae Sf)
ye I CY EP Ly 9: nade} p " ay










PAGE 2, MONDAY, APRIL 21, 2008

THE TRIBUNE



‘

Armed robbery: two in custody

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

A QUICK response by police led to the capture of two brothers
after an armed robbery at a beauty salon in Golden Gates.

Just before 5pm on Saturday, two men — one armed with a shot-
gun — entered the salon on Muttonfish Street and robbed cashiers
of an undetermined amount of money, police report.

The culprits escaped the crime scene in a white Hyundai Accent,
and there were no reports of any shots being fired in the shop.

Police intercepted a vehicle shortly afterwards and two brothers,
who have not been named by authorities, one 28 and the other a
juvenile, were taken into custody. Both men, police report, live in the
Kemp Road area. Police investigations are also underway into two
other armed robberies over the weekend.

At around 8pm on Saturday, an employee of C J Liquor Store on
Carmichael Road was robbed when two gunmen entered the estab-
lishment and demanded cash.

Police report that a “large sum” was taken from the store, but the
amount was not specified. The robbers escaped in an unknown
direction.

The stolen car used im the armed robbery at John Chea Foodstore,
Wulff Road, was also recovered by police. The robbery occurred
shortly after 2pm on Friday, when bandits entered and took mon-
ey from cashiers at the store.

The men fled in a green Honda Accord, which was seen travelling
in the Minnie Street area, according to police.

Officers on patrol subsequently recovered the vehicle near Moore
Street shortly after the incident.

Police received a report that the car was stolen from western
New Providence last Thursday. Investigations are continuing into
both robberies.



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New move to combat
stray dog problem

THE Bahamas Humane Soci-
ety is continuing to expand its
efforts to combat the stray dog
problem in the Bahamas,
announcing the first ever spay
and neuter clinic in Inagua.

In 2007 a plea for help was
received by the Humane Society
from the then administrator of
Inagua, Mr Charles King, as the
population growth of dogs on the
island was getting out of hand..

BHS executive director Kevin
Degenhard decided to fly there
to assess the situation.

“There were roaming dogs on
virtually every street and there
were dozens of dogs in the bush
around the garbage dump just
outside town. As no vet visits
Inagua none of these animals had
been sterilised,” he said.

“The saddest, and most worry-
ing, factor is that it has become



SEARCHING FOR FOOD: Our file photo Binns a ati dog in an

overgrown yard on Bay Street.

- common practice for many peo-

ple with puppies to abandon them
with the trash at garbage dumps,

“adding to a growing population
of feral dogs which survive |

through scavenging and by killing
wildlife, including dog pack
attacks on donkeys. Children
were walking to school with rocks

_and sticks in their hands to fend
off street dogs.”

The BHS liaised with all

Bahamian veterinarians and.

organised the first ever spay and
neuter clinic in Mathew Town,
Inagua, last week.

The logistics of the operation,
getting equipment and volunteer
veterinarians to Inagua, were
challenging but with the support
of Dr Grant from the Palmdale
Veterinary Clinic and volunteer

Show

veterinarians from the Rural
Area Veterinary Services a
‘M.A.S.H.’-style workforce
arrived on site.

“This was also a real commu-
nity project,” said Kevin Degen-
hard, “which would not have
been possible without the tremen-
dous hard work and energy of
local residents who helped senior
councillor Ronald Roker and
councillor Richard Ingraham car-
ry out urgent repairs to make the
old disused Inagua Hospital hab-
itable to run the clinic.”

They reconnected water and
electricity, fixed doors and win-
dows and provided lights.

The BHS team received the full
support of the community, who
welcomed the project as residents
lined up with their cats and dogs

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BHS announces spay and neuter clinic in Inagua



“There were
roaming dogs on
virtually every
street and there
were dozens of
dogs in the bush
around the ©
garbage dump
just outside
town.”



Kevin Degenhard

to benefit from the free spay and
neuter service.

Island Administrator Dr Cun-
ningham was delighted with this
generous contribution to the com-
munity and gave his full support.:

Other key figures who helped
this happen included Mr Glen ;

. Bannister and Ms Debbie Far-

quharson, who organised accom-
modation for the team of 14 ani-
mal experts, school principal Mr

‘Jason Woodside, who arranged

for Dr Val Grant, Dr Susan Mon-
ger and Kevin Degenhard to run
a PowerPoint presentation for
every student in the Inagua All
Age School on responsible ani-
mal ownership.

Thanks from the BHS went to
the US Coast Guard who stored
all the equipment awaiting the
team’s arrival, to the police and
local stores for spreading the
word and fliers, to Mr Orpheus
Simms, the environmental health
officer for helping with logistics,

_ to director of agriculture Mr

Simeon Pinder, for administrating
paperwork and to the Inagua Air-
port team who helped with a
smooth passage on and off the
istand. Véterinary:volunteers.
were led by Dr Susan: Monger;; «
who is an acknowledged expert . -
in this field. The Bahamas .
National Trust senior warden Mr
Henry Nixon brought the whole
project together.

“By the time we left the island
we had spayed and neutered over
130 dogs, euthanised 40, and
treated numerous other animals,
including one dog with a collar
embedded in putrefying flesh
around its neck for a year but
nobody had been able to catch it
until we arrived. It was gratify-
ing to see so many dogs sporting
their ‘I’ve been spayed’ fluores-
cent green collars and to see most
of the island children wearing the
‘B humane’ turquoise wrist-bands
when we left after a week of 12-
hour working days.”

The BHS will be working with

' Dr Grant on a plan to get more

Bahamian vets around the Fami-
ly Islands as a lack of veterinary
services in the less wealthy com-
munities contributes to the roam-
ing dog problem and animal suf-
fering. While experts need to get
back to Inagua to continue the ©
job, they feel a desperate need to
get the Animal Protection and
Control Act, drafted in 2005, on
the statute books as one provi-
sion in that Act is for animal con-
trol officers to be appointed in
the Family Islands.

Everyone in the veterinary
team said their lingering memo-
ries will include the amazing
enthusiasm of Inaguans for this
project as well as their generosity
and friendly hospitality.

with tender,

center cut chicken breast.


THE TRIBUNE



MONDAY, APRIL 21, 2008, PAGE 3

ne

@ In brief

Three are in
custody after
two firearm
arrests

‘THREE Fox Hill resi-
dents are in police cus-
tody after two separate
- firearm arrests over the
weekend.

A 19-year-old man was
taken into custody by
Central Detective Unit
(CDV) officers at 11pm
on Friday after a .380
handgun was discovered
near Fox Hill Park. The
gun contained four live
rounds, police report.

While executing a war- |

rant on Saturday at a
home on Grant Street,
Fox Hill, at 1.30pm,

CDU officers discovered

a .357 handgun with six _
live rounds of ammuni-
tion hidden in a DVD
player.

A 54-year-old woman
and a 30-year-old man
were taken into police
custody.

Space workers
Peplying to a

eiars wassces |

Bishop Simeon Hall suggests removal of
Parliamentary Channel after House row

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BISHOP Simeon Hall is sug-
gesting removal of the Parliamen-
tary Channel from the public air-
waves after yet another raucous
session of the House of Assembly
last week.

“The Parliamentary Channel,
intended to assist Bahamians to
see democracy at work, has
become a major impediment in the
fight to teach Bahamians, especially
children, how not to resolve con-

flict,” said Bishop Hall in a press .

release.

Last Wednesday, the opposition
PLP walked out of the House after
Speaker Alvin Smith ordered
Frank Smith, MP for St Thomas
More, to leave the Lower Cham-
ber.

Mr Smith attempted.to raise
issues related to the Mona Vie con-
troversy involving Zhivargo Laing,
but the Speaker did not allow this
because the matter is before the
courts. i

Mr Laing is suing Dr Bernard

?- Nottage, Mr Smith and former

comptroller of Customs John Rolle
for allegedly defamatory comments
made regarding the issue.

Mr Smith continued to attempt
to raise the issue after the Speaker’s
ruling. This led Alvin Smith to
make the removal order.

A shouting match developed
between Prime Minister Hubert
Ingraham and Opposition leader
Perry Christie during the incident,
along with other members from
both sides exchanging verbal accu-
sations from their seats.



Mast

‘the PLP.

Last November, the government

and opposition tangled as a result

of the prime minister’s statements
that the actions of the last PLP gov-
ernment were “wutless” in relation
to their management of aspects of
the criminal justice system.

Days later, when Mr Christie
tried to respond to Mr Ingraham,
he was not allowed to by the
Speaker, leading to the opposition

CUAL asyanniaa



pounding on the House tables. The
amendment to the Juries Act had
to be hurriedly passed by the
Speaker before the House was
adjourned.

Some members seem intent on
having their way while the people’s
work goes unattended, charged
Bishop Hall. “I suggest that we dis-
continue this weekly feud in the
family and let’s show some more
positive things.”

Motor-cyclist dies
after crash on Abaco

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

. New Location
Harold Road just West of City Market
Tel:(242) 341-0449 /(242) 341-2249
Fax: (242) 361-1136

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ABACO recorded its second traffic fatality for the year when a motor-
cyclist crashed into a utility pole in Murphy Town over the weekend.

Lynden Bootle, 26, of Murphy Town, was riding his red and black 2002, | We
Honda motor-cycle west along Front Street around 7.30pHi-a Friday °° 200 oe

when he lost control of the bike. ea : ii
CARPET, FURNITURE, MARBLE & TILE CARE

Chief Supt Basil Rahming, press liaison officer for the northern
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“The level of debate and the
mode of behaviour displayed by
most Members of Parliament are
clearly unworthy of public viewing
and the weekly ruckus is a poor
example of conflict resolution,”
said Bishop Hall. ’

“It is obvious that some Mem-
bers of Parliament have little or no
respect for the Speaker of the

‘ House,” he added.

from the Bahamas

@ TITUSVILLE, Fla.

A BAHAMIAN girl’s
seaborné school project
has landed on the sandy
doorstep of NASA,
according to Associated



He lost control of the motor-cycle and veered off the road. He crashed
into a wooden utility pole, then bounced off the pole and crashed into a
parked 1995 red Ford Ranger truck.

Emergency medical staff and police responded immediately to the * Carpet, Upholstery, Stone and Marble Cleaning &

Restoration Specialist,

Press. scene. Bootle was lying on th d with multipl H
“y alt “ lying e ground with multiple severe injuries. He
cane Space a Tienee pie ne aeapohie eh He Es to was not wearing a protective crash helmet. Prothes Cleaning Systems removes Desp & tery
worker Jill Vogel foun respond to authority, the viewing of He was taken to Marsh Harbour Clinic, where he died around 10.45pm. on ae Gree, ere Bs OAL

The body is expected to be flown to New Providence, where an autopsy .
will be performed.

Mr Rahming said the motor-cycle was badly damaged. The truck,
owned by Otis Brown, of Murphy Town, received minor damage.

As police continued with their investigation, they urged motorists to
obey speed limits and motor-cyclists, in particular, to wear protective crash
helmets at all times.

a message in a bottle
from.a student at the
Holy Name Catholic
School in Bimini, about
220 miles southeast of
Titusville and closest to
Florida of all the
Bahamas islands.

Vogel recently found
the bottle while volun-
teering for a beach
cleanup near the space
shuttle launch pads at
Kennedy Space Center,
Florida Today reported
Saturday.

“Dear Sea penpal,” the
note began, going on to
explain that the bottle
wasn’t litter, but a
Columbus Day project.
“T hope you respond to
my letter.”

Respond they will.

Vogel and others have
collected space memora-
bilia — crew photos,
pins, stickers and other
NASA gear — to send to
the 9-year-old girl and
her classmates.

at a fraction of replacement cost:
Carpet, Sofa’s, Loveseats, Chairs, Dining Chairs, Cars,
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the proceedings in the House is
certainly not helping.”
; The government and opposition
i have got into some high profile
arguments in this Parliament,
including the recent. walk-out by

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blacking out
a Boge CHITA KEY,

. TWO divers are hos-
pitalized after blacking
out in the waters at Bis-
cayne National Park in
South Florida, accord-
ing to.Associated Press.
Miami-Dade Fire Res-
cue spokesman Eddy
Ballester says the two
young men were appar-
ently free diving off a
recreational boat Satur-
day afternoon. People
aboard the vessel
plucked the pair from
the water and called
emergency officials.
Ballester says both
divers showed improve-
ment after rescue crews
gave them oxygen thera-
py. The divers were
flown to a hospital.
. Ballester says one of
the men had been cele-
brating his birthday
with friends and rela-
tives. i

ea
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PAGE 4, MONDAY, APRIL 21, 2008

THE TRIBUNE

SSS
EDITORIAL/LETTERS TO THE EDITOR

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, P.O. 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

A turn for the better

THE extradition of alleged drug con-
pirators Dwight and Keva Major is good
news for The Bahamas in more ways than
one. Not only does it demonstrate that
even a suggestion of drug trafficking will
not be tolerated, and that the nation is seri-
ous in trying to stamp it out, it also suggests
that our legal system is not quite as dys-
functional as some people evidently
believe. ,

Though it is beyond question that the
legal system here leaves much to be
desired, the Majors’ extradition will sit
comfortably alongside that of Samuel
‘Ninety’ Knowles as a message to other
alleged drug conspirators and traffickers
that, whatever their politicial affiliations,
they will ultimately pay the price for their
evil trade if found guilty.:

All those who once venerated Knowles
and his kind, and who benefited from their
largesse, now have time to reflect on what
happens when the DEA is on to their erst-
while heroes. They end up inside a Florida
jail cell with little prospect of release any-
time soon. .

On a wider front, it is also heartening to
note a verdict in the Daniel Smith inquest
- admittedly after several long adjourn-
ments, and in the absence of several key
witnesses - and to recall the paternity ruling
in favour of Larry Birkhead in the case of
Anna Nicole Smith’s daughter, Dan-
nielynn, last year.

Both hearings indicated that due process
is not entirely dead in The Bahamas, and
offered some hope to the many Bahamians
who are still seeking justice before the
courts. If there is cause for discontent, it is
that foreigners appear to get access to the

courts, and a conclusion to proceedings,

faster than locals.

The one exception to that is, of course,
the Gallagher family of Britain, who fought
hard for six years to get a hearing before
the Bahamian courts following the tragic
death of their toddler son on Paradise
Island. ;

However, they made it in the end.

_ All these cases, in addition to the long-
awaited inquest into the death of Bahami-
an Christopher Esfakis, demonstrate the
virtue, and effectiveness, of persistence in





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the face of obstruction and prevarication.

We know of at least one more major
medical case lurking in the wings. It, too,
will demonstrate that no amount of duck-
ing and diving by lawyers and doctors will
keep justice at bay. The courts must show,
beyond reasonable doubt, that no-one is
immune from their scrutiny.

Our one reservation in making these
observations is that; in some of the afore-
mentioned cases, hearings were apparent-
ly held only because of the relentless cajol-
ing of the press, notably The Tribune.

We'd prefer to feel that the system itself,
out of its deep concern for transparency
and the quest for justice, develops a
momentum of its own from these recent
decisions to ensure we need never doubt it

' again.

In furtherance of that cause, we’d like to
see satisfactory conclusions to the cases
involving Daniel Williams, Siobhan Reilly,

' Greg and Tanya Cash and, of course, the

former Minister of Trade Leslie Miller,

who is still awaiting closure in the murder ~

trial of his son, Mario.

- Both Williams and Ms Reilly await
een of judgments - the Reilly case
has now gone to appeal - while the Cash
family have been forced to take their mul-

_ ti-faceted litigation against the Baptist edu-

cation authorities to the Privy Council in
London.

All see themselves as victims of an
imperfect system, and all have had good
cause to doubt the efficiency and/or integri-
ty of the courts in their long campaigns for
closure.

In the Daniel Smith, Dannielynn, Gal-

lagher and Esfakis cases, there was a strong

feeling at one time that nothing would ever
come of them, that all would be lost in a
mire of evasiveness and obfuscation. The
fact that all eventually came to court, and
were heard, is a reassuring sign that things
might be improving.

- Meanwhile, The Tribune will keep its ,

watching brief on behalf of all those who

_ feel the legal system is working against

them.

Due process is a vital component of
civilised society. Without it, anarchy and
disorder beckon.








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Amazed by the.

Fleming Group’s
blatant PR
campaign

LETTERS

EDITOR, The Tribune.

WITH all the uncertainty
still remaining over the actual
ownership of the Grand
Bahama Port Authority it
amazes me that The Fleming
Group has cranked up such
an obvious public relations
campaign both within the
Freeport community and
nationally in our newspapers
which I suggest is so prema-
ture.

The most recent presenta-
tion by one of the Fleming
Group advisers put to us that
in their plan Freeport could
be Dubai West. I regret the
adviser forgot to mention the
key ingredient as to how and
why Dubai has been able to
build as they have. The key
ingredient is the use of very
very cheap labour from neigh-
bouring Asian countries such
as India, Pakistan and
Bangladesh.

Both CBS - 60-Minutes and
the BBC have exposed how
nationals of these countries
have been employed by the
hundreds of thousands are
being exploited, live in sub-
human conditions and are
paid at a level even the ILO
and the UN Human Rights
Agencies described as sub-
human wages. Contrast that
with Grand Bahama and real-
ize a Dubai-West is certainly
questionable. It is acknowl-
edged Dubai without this
cheap exploited labour the
boom would never have
occurred.

The Fleming advisers are
promoting again an LNG Ter-
minal for Freeport although
in the past prior to the loss of
the FNM in 2002 Mr Ingra-
ham had conditionally issued a
Letter of Intent subject to ver-

ification of feasibility - we.

need guarantees as to the
Environment Impact and
Safety it has to be said in the

’ long and public debate

between 2002-2007 certainly
the proposers of LNG did not

get too much comfort from *

that debate. If one accepts the
US standards set out by their
agency - FERGS for public
safety around an LNG Termi-
nal you need a minimum safe-
ty-zone of 2.5 miles between
the terminal other commer-

. cial or residential develop-

ments - I ask you where with-






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letters@tnbunemedia.net

in the Freeport Zone can this
occur? The other alternative
site - Riding Rock those oper-
ators of the oil transshipment
facility have never had it so
good with the current price of
crude and refined fuels.
Then we hear about a new
refinery - firstly I am very con-
cerned as to the existing
known environmental damage
that through the past opera-
tions of BORCO is alleged to

~ have already occurred and

even after substantive inves-
tigation and the writing of a
report to Government there
has not been any clean-up. I

further ask with the price of ©

oil as it is and there does not
seem to be any respite that for
the foreseeable future the
basic price will come down
why should the new owners
or even operators even see
any feasibility in expending
billions to clean-up the BOR-
CO site and then build a lim-
ited capacity refinery when
just being a transshipment
depot you can reap millions
in profits? The sale of BOR-
CO shares and the purchasers
liability today to a higher
stamp tax might scuttle that
deal anyway.

The ownership question?
Attorney Greg Moss contin-
ues to raise the question
whether the Government of

.The Bahamas owns 7 per cent

of GBPA? With ownership
comes responsibilities and lia-

‘bilities with a potential where
Fleming might own 50 per

cent (subject to the current lit-
igation) possibly having
acquired the Hayward shares -
the Estate of St George/Lady
Henrietta owning the other 50
per cent not forgetting that in
the land ownership Hutchi-
son-Whampoa owns. 50 per
cent one wonders and ques-
tions whether these potential
shareholders in the mix of
everything are even possibly
compatible? There could be

another scenario where
Hutchison would end-up
being the majority and
Freeport would become a
proverbial company-town.

Yes we hope someone will
come along with a lot of
investment moneys —
approach the issues correctly
and only will get involved in
public relations once they
have acquired the GBPA - we
then need assurances from
Government that a full secu-
rity investigation at an Inter-
pol level, needs to be run on
the parties so we know before
the Government okays the
deal who we are dealing with. .

Previous letter writers have
already said enough what they
found after checking the inter-
net - I am disappointed that’
the Fleming Group have
remained silent on those ques-
tions and I am disappointed
that the Freeport News has
not engaged in a series of
investigative reports as there
certainly is, to me, enough to
question Fleming about: their
past and who they have been
associated with.

Before I close - I put to you
if certain very committed GB
investors were so confident of

_the immediate and long term

future of GBPA would they
have one of their investments
up for sale (US $800 million)
at this time?

I do not want to dampen the
potentials but we the Freeport
Community need to’ know a
lot more about Fleming, who
wants to own where we live,
be the regulator of our busi-
nesses and the manager of our
Community. At this time
there are far too many prover-
bial i’s to be doted and t’s to
be crossed to make a rational
decision and have an educated
community.

Editor - it is time you used
the power of the Freeport
News to investigate.

M COOPER
Freeport,
Grand Bahama,
April 10, 2008.

KALLIOPE KLONARIS, 93

uneral services for Kalllope Klonaris, formerly of Lyford

‘ay, New Providence, Bahamas will be held at the Greek
Orthodox Church of the Annunciation, West Street at 10 a.m.
on Tuesday, 22nd April, 2008. Internment will follow at the
Ebenezer Methodist Church, East Shirley Street.

Kalliope is survived by her sister Kalotina Karavokiros of
elsinki, Finland, her four sons Anthony, Nicholas, Charles
nd John and their respective wives, Kathryn, Pamela J.,
‘amela L. and Carmen, nine grandchildren, Mike Anthony
nd Kristina, Tara and Mike, Leah and Kally, Nomikos and
lexander, Sean, one great grandchild Robert Holcombe, one

granddaughter-in-law Arantxa Klonaris and one grandson-

in-law Mark Holcombe.

Kalliope was predeceased by her

husband Nomikos Klonaris founder of Mike’s Shoe Store.

She will be sadly missed by her faithful caregivers Cynthia
and Minerva Santos and Adee Baptiste and numerous family
members and friends in Finland, Greece and The Bahamas.

May her memory be eternal.

In lieu of flowers, donations may be made to “The Greek
;, Orthodox Church” in memory of Mrs. Kalliope Klonaris c/o
- P.O. Box N-7776(514), Nassau, Bahamas.


THE TRIBUNE ; MONDAY, APRIL 21, 2008, PAGE 5
NEWS



Hele;

en ees oo Ree ee ee a
© nbriee PM Opens multi-purpose





Coast Guard |
rescues men
who treaded
water for
three hours

@ CLEARWATER,
Fla.

COAST GUARD
officials say two
boaters were rescued
after they were ,tossed
from their vessel off
Clearwater Pass in the
Gulf of Mexico,
according ‘to ‘Associat-
ed Press.

The Coast Guard
says Gary Allan Platt
of Clearwater and
George Johnson of
Palm Harbor had been
treading water without
lifejackets for about
three hours before
they were found yes-
terday.

Wave

Platt told investiga-
tors that he and John-
son were ejected from
their 23-foot boat
when it hit a wave at
about 11 a.m.

The Coast Guard
received a call froma
boater who reported
an empty vessel travel-
ing in circles, and the
search began.

Rescuers pulled Platt
from the water at
around 2:10 p.m., and

.Johnson was found
about 15 minutes later.

After they were
recovered, the men
were taken to a hospi-
tal, then released.

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Peter Ramsay/BIS

PRIME MINISTER Hubert Ingraham delivering the keynote addre
at the official opening of the Gateway Outreach Ministries Sporting
Arena in Porgy Bay, Bimini.









lm By LINDSAY
THOMPSON

PORGY BAY, Bimini - The
government is committed to
promoting sports as an activity
which is important to the health
of all Bahamians, said Prime
Minister Hubert Ingraham as
he officially opened Gateway
Outreach Ministries Sporting
Arena on this historic game-
fishing island.

“Here in Bimini you have
constructed a facility which will
promote healthy lifestyles, and
at the same time you are lead-
ing the way in highlighting for
all Bahamians the benefits
which communities can derive
from community-led voluntary
efforts,” he said.

The opening of the state-of-
the-art multi-purpose arena
highlighted “the need” for such
facilities in other Family
Islands, he added.

The gymnasium is a multi-
purpose arena to facilitate high

- THE, GATEWAY Outreach Ministries Sporting. Arena:was officially opened on Thursday, April 17, in Porgy Bay, Bimini. Prime Minister
;, Hubert Ingraham. delivered the keynote address. From left: Prime Minister Ingraham; Minister of State for Legal Affairs Desmond Bannister;
_Minister of State for Youth and Sports Byran Woodside; Senator Kay Forbes-Smith; and MP’ for West End and Bimini Obie Wilchcombe.

sporting arena in Bimini

Venue to facilitate high school,
professional basketball teams

school and professional bas-
ketball teams. It houses a fit-
ness centre and health food
store, a sports shop, beauty
saloons, game rooms and apart-
ments.

Community

“This sporting arena is
beyond what many would have
thought possible in this small

. community. Indeed, there is no

other anywhere in The
Bahamas. In my view, it is a
one-of-a-kind gym in The
Bahamas,” the prime minister
said.

Led by Apostle Gilbert
Rolle, Gateway Ministries start-
ed on August 15, 1998, in the

_dining room of All My Chil-

ey

orolae.;

GET NOTICED

dren Hotel. A week later, Gate-
way Outreach Ministries was
officially commissioned for ser-
vice by Apostle Ricardo O
Grant of Universal Household
of Faith.

The ministry then expanded
to the Gateway School of Bib-
lical Studies, the Gateway
Christian Academy Kinder-

‘garten and Pre-School, the

sanctuary, and the Gateway .
Christian Academy.

“Pastor Gilbert was not
always a good Samaritan He
made a change in his life and
determined to make a differ-

‘ence in the life of many here in

Bimini. And he is positively
impacting this community,” Mr

* Ingraham said.

Worthwhile

“Through his ministry, Pas-
tor Gilbert is providing the
young people of Bimini with an
alternative mode of behaviour;
a different way of thinking — a
way that is law-abiding and self-
affirming and worthwhile.”

‘Further commending Apos-
tle Rolle on his work, Mr Ingra-

* ham said: “I applaud and com-

mend all those connected to
Gateway Outreach Ministries.

“T am pleased indeed that
you have done so much to
respond to the needs of this
community.”

It is hoped that the facility
will accommodate concerts,
conferences and weddings. It is

‘also hoped that the island

becomes the model for the con-
struction of similar facilities
throughout the country.

Minister of State for Youth
and Sports Byran Woodside,
Minister of State for Legal
Affairs Desmond Bannister and
Senator Kay Forbes-Smith
accompanied the prime minis-
ter.





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THE TRIBUNE



Officials study
soil samples
to aid farmers

@ KINGSTON, Jamaica

Jamaican officials say they are
analyzing soil samples from
across the island to determine
prime locations for certain crops
and help farmers boost produc-
tion. Agriculture Minister
Christopher Tufton says he
wants to make sure farmers
grow the right crops to ensure a
robust harvest. A government
statement released Friday did
not say how much the studies
will cost.

Tufton says he has also allo-
cated US$2.8 million (euro1.8
million) to repair rural farm
roads. About 17 percent of
Jamaica’s 2.8 million residents
work in agriculture, producing
mainly sugar, bananas, coffee
and citrus fruits.



Laing: Bahamas considering more

global trade deals than ever before

Integration of markets ‘unavoidable’

Patrick Hanna/BIS



MINISTER OF STATE far Finance Privaig Laing speaks at the
launch of FamGuard Corporation Limited two new subsidiaries F G
Capital Markets Limited and F G Financial Limited.

A

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GLOBAL circumstances
have made the Bahamas ‘con-
sider participating in more inter-
national trade arrangements
than ever before, Minister of
State for Finance Zhivargo
Laing said.

He said that the country can-
not avoid the “determined
move” towards the integration

- of markets and an increase in

cross-border trade in goods and
services.

Mr Laing was speaking at the
launch of two new subsidiaries
of the FamGuard Corporation
Limited, and said that the move
shows the company is “strategi-
cally determined to respond to
such a global reality.”

He.said it also shows that
FamGuard is determined to

Betty Taylor

Journalist / Entrepreneur

broaden the range of financial
services it provides. “Just overs
two years ago FamGuard initi-
ated a new phase in its devel-
opment with a strategic alliance
with Sagicor Financial Corpo-
ration which enabled it to
enhance its technical operations
and broaden the range of prod-
ucts it could offer,” Mr Laing
said.

“I commend this company for
their vision and all other
Bahamian companies so posi-
tioning themselves in that
regard.”

President and CEO of Fami-
ly Guardian Insurance Compa-
ny and President of FamGuard
Patricia Hermanns said the two
new companies have been cre-
ated to facilitate the company’s

“Those who struggle
honestly in life, by

swimming in deep _
waters, climbing high
mountains and
standing against the
strong winds,will ©
receive the best that

life has to offer.)



PETER THOMAS

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launch into the soe and
mutual finds market with prod-
ucts that are designed to appeal
to individuals trying to secure
their financial future and also
for companies offering or con-
sidering offering group pension
benefits for their employees.

“While the companies and
products offered are new, Fam-
Guard through its subsidiary
Family Guardian has for the
past 43 years been continuously
engaged in helping Bahamians
protect themselves against risk
of untimely demise or ill
health,” Ms Hermanns said.
“These products will broaden
that perspective by assisting the
public in managing the finan-
cial risk inherent in living
longer.”

Chairman and one of the
founders of the FamGuard Cor-
poration Limited Norbert
Boissiere said Family Guardian
Insurance was created to serve
low to middle income house-
holds who wanted a safe way
to build savings, offering
endowment policies and life and
medical plans.

Mr. Boissiere explained that
at one point the company grew
to have offices in other
Caribbean countries, but
because of “localisation of the
insurance industries in the
Caribbean, Family Guardian
determined it should focus its
energies on growth in the
Bahamas”.

He said the company has
grown from being Family
Guardian, Insurance to the
broader umbrella called Fam-
Guard, which was formed as a
holding company in 1984 and
now has assets in excess of $150

_ million.

In 1998 FamGuard became a
public company with an initial
public offering at $3 a share and
was one of the first companies
listed with the Bahamas Inter- -
national Securities Exchange
and today its shares are tr ading :
at almost $8.

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H AN CE
THE TRIBUNE MONDAY, APRIL 21, 2008, PAGE 7

a ee a
In brief Minister wants moratorium on

Pope blesses ,



ground zero —

in New York

m@ NEW YORK

POPE BENEDICT XVI
began the final day of his
American journey by blessing
the site of the Sept. 11, 2001,
terrorist attacks on the World
Trade Center and pleading
with God to bring “peace to
our violent world.”

The visit by Benedict to
ground zero was a poignant
moment in a trip marked by
unexpectedly festive crowds
anxious to see the former aca-
demic who for three years has
led the world’s Roman
Catholics, according to Asso-
ciated Press.

Benedict was driven in the
popemobile part-way down a
ramp now used mostly by
construction trucks to a spot
by the north tower’s footprint.
He walked the final steps,
knelt in silent prayer for a few
moments, then rose to light a
memorial candle. _

Addressing a group that
including survivors, clergy and
public officials, he acknowl-
edged the many faiths of the
victims at the “scene of
incredible violence and pain.”

Prayed

The pope also prayed for
“those who suffered death,
injury and loss” in the attacks
at the Pentagon and in the
crash of United Airlines
Flight 93 in Shanksville, Pa.
More than 2,900 people were
killed in the four crashes of
the airliners hijacked by al-
Qaida.

“God of peace, bring your
peace to our violent world,”
the pope prayed on a chilly,
overcast morning. “Turn to
your way of love those whose
hearts and minds are con-
sumed with hatred.”

Benedict invited 24 people
with ties to ground zero to
join him: survivors, relatives
of victims and four rescue
workers. He greeted each
member of the group individ-
ually as a string quartet
played'in the background.

In his prayer, he also
remembered those who,
“because of their presence
here that day, suffer from
injuries and illness.”

New York deputy fire chief
James Riches, father of a fall-
en Sept. 11 firefighter, said
the pope’s visit was important
and gave him “a little consola-
tion.”

Hundreds of people stood
just outside the site, behind
police barricades, hoping for a
glimpse of the pope.

The site where the World
Trade Center was destroyed is
normally filled with hundreds
of workers building a 102-sto-
ry skyscraper, a memorial and
transit hub.

It bears little resemblance
to the .debris-filled pit where
crews toiled to remove twist-
ed steel and victims’ remains.

The remains of more than
1,100. people have never been
identified.

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AGRICULTURE and Marine
Resources Minister Larry Cartwright
wants a moratorium on the impor-
tation of certain kinds of souvenirs.

He was the guest speaker as the
Bahamas Agricultural and Industri-
al Corporation (BAIC) turned out
another 73 persons trained in straw,
coconut, and shell craft, and food
preservation during ceremonies over
the weekend. :

“Based on the first class work
being produced by Bahamians,” said
Mr Cartwright. “I am convinced that
the time has come when a moratori-
um can be placed on the importation
of certain souvenir items that come
into our country daily.

“As more items are produced by
more of our graduates, there will be
no reason why our visitors will not be
able to find Bahamian-made items to
take home as souvenirs.”

The minister was accompanied by
BAIC executive chairman Edison
Key, general manager Benjamin
Rahming, assistant general manager
Donnalee Bowe, board member
Dyllis Smith and chief councilor Ian
Knowles. '

Administrator Roderick Bowe
was the master of ceremonies.

The trainers were senior food
technologist Keith Daley, April Mar-
tin-Fox (shell), Elsie D Knowles
(straw), and Howard Jean Bevans
(coconut).

Mr Cartwright noted that among

the graduating class were many .

young people who added talent, flair

and originality to the Long Island
style.

“Tomorrow’s shoppers can be
assured that not only would they be
supporting home industry but they
will also be getting a quality prod-
uct,” he said.

The minister said he will be seek-
ing government’s support for the
establishment of craft centres
throughout the islands.

“Our tourists want something
made in the Bahamas to take home
with them,” said Mr Cartwright. “A
large amount of money is being

_ spent overseas purchasing souvenirs

for our tourists. That should not be.
That money could be spent right
here in the Bahamas in support of
our own industry.”

Land

-He agreed with crafts persons that
land must be reserved for the culti-
vation of the top palm tree from
which Bahamian straw goods are
made.:

Crafts persons raised concerns
that these trees are being destroyed
by foreign developers who do not
know their value.

Mr Key. encouraged Long
Islanders to join BAIC’s national
food security objective.-

“The main vehicle we intend to
use to achieve this is by empowering
you in the art of food production,”
he said.



SEVENTY-THREE Long Islanders (pictured) received their certificates in straw, shell,and coconut craft, and

food preservation during ceremonies last weekend.



computers



anniversa
cs

r
a) Ef





We are also pleased to announce
_ the addition of a toddler
_playgroup for the 2008/2009

_ academic year










: Reg ister tod ay, for



printers

copiers



















“Bahamians have a hearty
appetite and feeding this nation and
its millions of tourists is a lucrative
endeavor.”

He said foreign dealers have gone
rich from “the many millions of dol-
lars we spend each year importing
food products.

“The fact of the matter is
that most of those food products can
be produced right here in Long
Island and other parts of the
Bahamas.

“That being the case, it is our
desire for those millions of dollars to
start flowing directly in your pock-
ets.” :




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@DELTA

Inspiration for your kitchen & bath!

THE TRIBUNE



The Bahamas National Trust appoints
warden for Abaco National Park system

THE Bahamas National Trust
has hired David Knowles as the
New warden for the national
parks on Abaco.

Mr Knowles is well known to
the Abaco community, having
headed the Department of Agri-
culture there since 1999.

He is also a board member of
Friends of the Environment, an
Abaco-based environmental
NGO.

“We feel that Mr Knowles
brings a wealth of experience to
the position. He has worked with
the BNT and Friends of The
Environment on wildlife and con-
servation management issues
specifically concerning the
Bahama Parrot and invasive
species,” said Lynn Gape, BNT
deputy executive director.

Mr Knowles has also addressed

concerns and issues related to the

management of the pine forest in
the absence of a forestry officer
for Abaco.

The BNT said he has been a
leader in the organisation and
implementation of various meet-
ings and workshops on the use of
fire as a management tool for

ans
nae

DAVID KNOWLES is the new warden fo

plan and education programme
will be among Mr Knowles’ tasks.

the endangered Bahama Parrot
on Abaco.

é national parks on Abaco

conservation and protected areas.
The 20, 500 acre Abaco
National Park encompasses a



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Managing the forest for wildlife
as well as implementing a strate-
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“David will become our envi-
ronmental liaison with Abaco
community. said Eric Carey, BNT



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reported, according to Associated Press.

Researchers found 45,084 nests for the threatened turtles, down more
than 4,600 nests from 2006, according to newly released statistics from the Flori-
da Fish and Wildlife Conservation Commission. Florida accounts for 90 per-

cent of the nation’s loggerhead nests, which have decreased by nearly half since.

1998, when the state reported 85,988 nests. Loggerhead sea turtle deaths in
Florida have more than doubled during’ the past decade, statistics show.

“Data collected during the 2007 season indicate the lowest nesting levels
in Florida” in the history of the monitoring program, said a report on the com-
mission’s Web site.

While the number of loggerhead nests has been shrinking, green and
leatherback turtle nests are showing an increase, in many cases at the same
beaches. There’s no simple answer for this disparity, said Anne Meylan,
who coordinates the statewide nesting beach survey program. Disease, oil
spills, red tide ‘and boat collisions kill many sea turtles, and beach development
can disturb all wildlife, she said.

One factor that could be affecting loggerheads more than other sea turtles

is shrimp boat nets and long-line fishing hooks. Loggerheads eat shrimp -

and other hard-shelled invertebrates, whereas other sea turtles do not.

A tule was passed several years ago requiring shrimp fisheries to use nets
with turtle excluder devices, Meylan said: But because loggerheads take up
to 30 years to begin reproducing, it could be decades before the effect of that

Caribbean Bottling Co. (Bah.) Ltd
Is seeking candidates for the position of
Marketing Brand Manager

Responsibiliti , ction include but are not limited to:

Development of an annual marketing plan in conjunction with the sales.
department, detailing activities to follow during the fiscal year.

Manage the Marketing budget and delivery of all market related activity
within the agreed budget. »

Analyzing potential partner relationships for the company’s product lines.
Conduct market research supported by on-going visits to customers and non
customers.

Driving solutions between department teams ( Engineering, Marketing and
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Bachelors Degree in Business or related field.

Apply in writing by hand delivery or mail to:

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Caribbean Bottling Co. (Bah.) Ltd
P.O.Box N-1123 —
Nassau, Bahamas

Or by email to:

Jfountain-moss @cbcbahamas.com
on or before Tuesday, April 29", 2008



tule is observed in nesting numbers, she said.

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executive director. “The Abaco
National Park has amazing poten-
tial as a recreational and educa-
tional resource and we will be
looking to David to work with
the people of Abaco so that the
resources in the park are protect-
ed but able to be enjoyed and sus-
tainably used by the communi-
ty.”

Mr Knowles’ major focus will
be implementation of the man-
agement plan for the Abaco
National Park, but he will also be
the point of contact for the Peli-
can Cays Land and Sea Park,
Black Sound Cay Reserve, Tilloo
Cay National Park, and Walk-
er’s Cay Marine Park. |

BNT’s conservation work in
Abaco is supported by funds
committed to the BNT in June
2007 by Discovery Land Compa-
ny (DLC), developers of the Bak-
er’s Bay Golf and Ocean Club at
Great Guana Cay, Abaco.

The company has pledged
$200,000 annually for the first
three years, with the possibility
of a second three year grant to
follow.

The Bahamas National Trust
is the organisation mandated to
manage the national park system .
of the Bahamas.]

The five national parks;on
Abaco are part of 25 park system
that protects the marine and ter-
restrial biodiversity of the nation.

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THE TRIBUNE



MONDAY, APRIL 21, 2008, PAGE 9

Ey We TAM r Tete aCe

MINISTER OF Education, Youth, Sports and Culture Carl Bethel speaks to the recipients of the Minister of
Education Literacy Awards during a courtesy call at the Learning Resources Section on Mackey Street.

School is close

o completion o

IB Study Centre
construction

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

FREEPORT -— The Lucaya
International School has
announced that it expects to
complete construction of its
new International Bacculau-
reate Study Centre this sum-
"mer.
The centre is being built

‘next td’ LIS' on five acres of

land off Midshipman Road.

LIS director Mark Gifford
said its IB programme offers
' students the opportunity to
obtain a good foundation for
university and college pro-
grammes.

LIS started the IB pro- |

gramme in September 2004
and has seen a gradual

increase in enrollment over.

the years.

As a result, the school com-
menced an expansion project
which includes construction of

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that will include six additional

















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classrooms, a study room and
a teachers’ office.

Mr Gifford said the facility
is expected to be finished by
May or June, and open in time
for the start of the academic
year in August.

He said the IB course is a
demanding and highly respect-
ed international qualification
which is accepted by universi-
ties around the world.

Students
He said it also contains a
required community service

component to make students
fully rounded individuals.

According to Mr Gifford,

participation in the pro-
gramme places LIS graduates
in an excellent position to take
advantage of opportunities
abroad.

He also noted that a grow-
ing trend at the school is the
enrollement of students who
have already graduated from
other local high schools on the



Raymond Bethel/BIS

island.

“There are a lot of parents
who feel that 17 is too young
for their children to leave and
go abroad. Our programme
allows the students to develop
in maturity, and then go on
directly into a college pro-
gramme with college credits
already in hand.”



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PAGE 10, MONDAY, APRIL 21, 2008
Laie ees es ee eee ee ee
Cuban golf plans

FROM page one

Economic Co-operation,
Anaisa Rodriguez, said the
new direction is part of an
overall tourism strategy being
rolled out by the government.

According to the official, fig-
ures reveal a golfing market
worldwide that is growing by
five per cent each year.

This fact, bolstered by analy-
ses indicating that Cuba’s visi-
tors are looking for greater

recreational opportunities and
observations of the burgeon-
ing golfing market in nearby
Caribbean destinations such as
the Dominican Republic, has
inspired the new direction, she
suggested.

“At the moment, Cuba does-
n’t have the diversity to offer
in terms of golf courses,” said
Ms Rodriguez. “We have only

TOWN CENTRE MALL

one course, located in
Varadero (an area just outside
of Havana).”

Golfers get bored of playing
the same courses and are pre-
pared to travel “long dis-
tances” to satisfy their taste
for new sporting challenges,
noted the director.

Around the courses, the gov-
ernment hopes that marinas,

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new hotels and housing will be
built.

Ms Rodriguez said that also
included in the strategy is the
assumption that at some time
in the future, more American
tourists will be able to visit the
island and take on the courses.

“In the shorter term, we can
count on the Canadians and
Europeans,” she added.

The cost of the project will
be “significant”, running into
hundreds of millions of dollars
and the government is being
very careful with its selection
of foreign investment partners.

Asked who these partners
might be, the director was cir-
cumspect, explaining that if
that information was made
public, the investments may be

threatened as a result of US
pressure on those entities to
rethink their economic co-
operation with the communist
isle.

“There are examples of
enterprises in Cuba that have
been pressured by the United
States, and they had to pull
out,” she said.

Tourism numbers in Cuba
this year compared to the same
period a year ago are already
up, partly thanks to the partic-
ularly harsh winter weather in
Canada, said the official.

At present, Havana is
bustling with visitors from all
over the world, who are lap-
ping up the impressively reno-
vated hotels, museums, bars
and restaurants that have

THE TRIBUNE

resulted from the ongoing
UNESCO and tourism rev-
enue funded restoration of the
city.

While Old Havana was ini-
tially declared a UNESCO
World Heritage Site in 1984,
the project was suspended in
the 1990s after the collapse of
the Soviet Union and the elim-
ination of its significant eco-
nomic support for the Cuban
government precipitated an
economic crisis.

However, substantial work
has now been completed and
today visitors are treated toa
plethora of beautifully and cre-
atively resurrected buildings
which still preserve the aes-
thetics and ambience of the
swinging pre-revolutionary era.

Violent threats against bishop

after call for murders update

“We know it is someone very close to Harl
Taylor and Dr McDonald. We are looking at-all
the associates of these two men. In some cases, we

FROM page one

month, he said that investigations into the murder
are ongoing, as there is no statute of limitations i in

capital offences.

His officers, said Mr Ferguson at the time, were
still exploring information about the case, but
they were not in a position to make any arrests.

Several days later, in an interview with The
Tribune, Asst Supt Leon Bethel, head of the
homicide squad, said that all they need is the
vital breakthrough. to match with their solid foren-

sic evidence.

ASP Bethel said the killings, especially in the
case of Dr McDonald, were unlikely to have been
‘ premeditated.
“T don’t think this is the work of a peyehopath®
he said, “I don’t think they were planned. That is
what the crime scenes told us, especially the first .

one (McDonald).

FROM page one

Honduran man - Ivan Lopez -
were discovered.

They were brought by the’

Royal Bahamas Defence to the
Nassau Harbour Patrol Unit
dock at around 6.30pm yester-
day.

While the two Haitians
received medical attention, 27-
year-old Mr Lopez, who did not
ask for immediate medical care,
gave his account of how he
became involved in the tragedy.

The Nassau resident said he

’ was returning from a conching

trip in the Berry Islands when
he saw an “Intrepid” type boat
carrying a large group of over
20 people “taking on water”.

He said he assisted those on
board with their pumping effort
by lending a battery and pump,
but this proved unsuccessful and
the boat sank around two hours
later. “They were already too
far gone,” he said.

According to Mr Lopez,
those onboard then swarmed
his 14-foot fishing boat, caus-
ing it to go under, leaving him
and the rest of the group adrift

‘in the open ocean.

From this point, at around
10pm, he said he set off swim-

_ ming, with the intention of seek-

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have spoken to them two or three times.”
Dr McDonald, a professor at the College of

the Bahamas, was found beaten to death by mul-

tiple blows to the head from a clothing iron on
November 16 last year at his Queen Street home.

Taylor’s body was found two days later at his
home at Mountbatten House in West Hill Street.

Despite the threats against the life of Bishop
Hall, he also said in the letter that he has received
support from some in the gay community after his

public statements.

“Since I raised the Harl Taylor/Thaddeus
McDonald murders, I have'received several pos-

itive calls. One man with an obvious queer voice

said.

son yesterday.

commended me and told me I must stay on it,” he

The Tribune was unable to reach Mr Fergu-

20 feared dead.
in boat tragedy

ing help.

“T said they had a better
chance if they didn’t get in the
boat,” said Mr Lopez. “T tried to
tell them to line up around the
boat and hold on to the boat so
it would stay afloat, but they
just climbed on.”

One other person - a Haitian
man who was one of those who
survived and was brought to
Nassau harbour with him yes-
terday afternoon at around

6.30pm.- swam-‘with, him.to.try ; .

to reach the shore.’

Separated from the rest of the
group, the pair remained in the
water fighting a strong tide until
they were picked up at around
5pm yesterday and were reunit-
ed with the Haitian woman who
had already been rescued.

Their discovery was just one
stage in a search-and-rescue
operation which began at
around 5am yesterday when a
boat, “Deep Drop”, travelling
about 14 miles off the western
end of New Providence, report-
ed “hearing voices in the
water.”

Police said the boat then car-

ried out a search in the dark,
but could not see anything.

“They made contact with
BASRA who were assisted by
the US Coast Guard. Immedi-
ately, responding agencies con-
ducted a search and found five
bodies floating in the water,”
said police.

How the bodies - which were
immediately taken to a dock in
Lyford Cay to await the police -
came to be in the water
remained shrouded in. mystery

‘until the three survivors found

later in the day were brought
into Nassau Harbour yesterday
evening.

Chief Petty Officer McKin-
ney said there was no sign of
any boat debris in the water, or
an oil slick that might usually
result from the sinking of a
motorboat.

A translator from the immi-
gration department, along with
police, medical personnel and
defence force officers met the
survivors at the Royal Bahamas
Defence Force’s Nassau Har-

-bour Patrol Unit when they

arrived on an RBDF vessel.

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THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 11



Ambassador: no information —
of plans to downgrade
Bahamian embassy in Cuba —

FROM page one

ed to a consulate, Carlton
Wright said he heard the
comments “through the
grapevine” but had never
been directly engaged by the
government on the issue.

“All we know is that he’s
expecting us:to do a very
good job while we are here,”
said his wife, Mrs Wright,
also the,embassy’s cultural
and educational attaché.

Speaking in the House of
Assembly after the embassy
was officially opened by then
foreign minister Fred
Mitchell in 2006, Mr Ingra-
ham said the “most critical
relationship” The Bahamas
has outside its borders is with
the United States.

While the FNM would like
to “maintain” relations with
other countries, he said the
FNM would not “risk” US-
Bahamas relations “to cosy
up and be friends with
Cuba.”

However, in an interview
with The Tribune at the
embassy —-which has under-
gone a transformation in the
last 21 months from an emp-
ty building to a plush diplo-
matic stronghold - Mr Wright
and his wife said their ser-
vices had been in demand
and -Bahamians had
expressed satisfaction in hav-
ing someone to turn to when
in Cuba if necessary.

“We do perform a valuable
service here,” he said, later
emphasising, however, that
as prime minister, Mr Ingra-



_ The Company

ham can “do as he sees fit.”

The ambassador said that,
in his opinion, governments
do not necessarily have to
agree with all of the policies
of another in order to engage
diplomatically for their mutu-
al benefit.

“The thing about interna-
tional relations is it doesn’t
necessarily mean that you
agree with or approve of
what’s happening in any
country, but that that's the
government in charge, ‘(so)
let’s do business’."

Cuba is the Bahamas’ near-
est neighbour. From the
Bahamian island of Cay
Lobos to Cuba is less than 30
miles, and from Great
Inagua, 60.

Six days of the week there |

are flights from Nassau, and
Mr Wright claims that the
Cuban government recorded
60,000 visits by Bahamians to
the island last year.

Assisting some of these
Bahamian visitors, prisoners,
students, recipients of Cuban
healthcare, investors, cast-
aways and culture-seekers
has kept the pair busy, the
Wrights said.

They recalled one of their
more unusual encounters as
involving several Bahamians
who were shipwrecked off
the Cuban coast.

“They washed up on the
shore. We have had to, once
we have verified their identi-
ty, issue them with emer-
gency passports to get
home,” explained the ambas-
sador. ;

Additionally, Mr Wright

said that with the presence
of a “very, very large” diplo-
matic corps in Cuba this has
allowed his work to incorpo-
rate “building bridges” not
only between the Bahamas
and Cuba but beyond.

At present Cuba is hosting
11 Bahamian prisoners, all
found guilty of drug-related
offences, which carry partic-
ularly heavy penalties on the
island, and last year close to
35 students, primarily of
medicine, graduated from
some of the island’ s many
universities.

This year, several young
Bahamian doctors have
returned to take up their
‘speciality’ training and there
are around ten new students.

Mrs Wright says that she
believes the Bahamas and
Cuba can learn a lot from
each other in many areas -
particularly arts and sport -
with their presence. in.the
country better facilitating
such exchanges.

“T lived in New York, so I
know what it’s like to be in a
cultural mecca, but I must say
for an island I would say it is
number one,” she said.

“Here you can find every-
thing. And not only that, but
it’s the level. They believe in
perfection.”

Last year, Mrs Wright
arranged for two skilled
Cuban musicians to visit the
College of the Bahamas, and
in May, around 30 students
from the College are expect-
ed to visit Cuba to take part
in a total immersion Spanish
course.

‘Senior IT Administrator

_ Bahamas Automated Clearing House Limited (B.A.C.H. Ltd) has been established to
_ own and operate the Automated Clearing House (ACH) 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

_ This is a critical position accountable for the health and availability of the ACH
system. A proactive approach to the maintenance of the infrastructure will be

- essential as downtime will not be an option. The position will be wide ranging and it
will include technical security management, management of the daily cycle of the

_ system, resolving escalated incidents, Bee continuity planning and providing IT

_ strategic advice.

| ‘Specific Responsibilities Include:
' [1 Administration/ Helpdesk management:

_ Management:

| Project
_ Management:

Daily cycle management
Planning and implementing server & software upgrades
System tuning to optimize performance

Assist with the management of the remaining technical
project activities to ensure that the ACH goes “live” on the
due date

Manage the technical implementation of Phases 2 & 3 of

~ Planning/
__ Development:

the ACH Project

Develop IT policies, procedures and specifications
' Contribute to plans for the future development of the ACH
service

> Perform trend analysis of reoccurring operational problems

to provide innovative solutions for improvement
_ Skills & Experience required: |
_* 5 years + experience working at a senior technical level in a commercial
-' Microsoft networking environments

Strong technical understanding of Cisco switches, routers & firewalls

Strong knowledge of communications and security issues

Experience with Microsoft SQL Server

Excellent customer service, analytical and problem solving skills

Microsoft and Cisco certifications ideal

How to Apply

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 résumé to Caroline Moncur at caroline@providencetg.com no later
_ than Friday, 25 April. Alternatively, please call Caroline on (242) 393 8002 for a

~ confidential discussion.

Bank of the Bahamas International

Citibank, N.A.

Commonwealth Bank Limited

Fidelity Bank (Bahamas) Limited

FirstCaribbean International Bank
(Bahamas) Limited

RBC Royal Bank of Canada

Scotiabank {Bahamas} Limited



FROM page one

The continued prosecution of the petition,
said Mr Collie in the filing, is an “abuse of the
process of the court as the petitioner is unable to
adduce evidence against the admission or rejec-
tion of any vote.”

The Blue Hills challenge is the third such
petition filed by the PLP after the May 2 general
election last year.

Allyson Maynard-Gibson lost her bid to
regain the Pinewood seat she lost by 64 votes in
the first such case.

After 110 votes were thrown out by the Elec-
tion Court, Byran Woodside’s margin of victo-
ry was only reduced to 49 votes from 64.

Since the announced date for the three cases
— Marco City is ongoing and Blue Hills was
scheduled to begin at the end of this month — Mr
Miller has made statements in the media that
indicate he has lost interest in pursuing the seat

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PAGE 12, MONDAY, APRIL 21, 2008

B BEWING

FRESH anti-Western
protests flared in several Chi-
nese cities Sunday as people
vented anger over pro-Tibet
demonstrations along the
Olympic torch relay. State
media appealed for calm in an
apparent attempt to dampen
the nationalistic fervor, accord-
ing to Associated Press.

Over the weekend, protest-
ers waving Chinese flags have
rallied in front of the French
Embassy in Beijing and at out-
lets of French retailer Carrefour
in nine cities across the coun-

. try. They have threatened boy-
cotts of the retailer, whom they
accuse of supporting the Dalai
Lama, Tibet’s exiled spiritual
leader — a charge Carrefour
denies.

_A front-page editorial in the
People’s Daily newspaper, the

nese Communist Party, called
for calm,.urging people to cher-
ish patriotism “while express-
ing it in a rational way.”

“As. citizens, we have the
responsibility to express our
patriotic enthusiasm calmly and
rationally and express patriotic
aspiration in an orderly and
legal manner,” the commentary
said.

Relay

The editorial seemed to
reflect concern among China’s
leaders about 'a growing anti-
Western backlash, fueled by
anger over the demonstrations
in Paris, London and San Fran-
cisco during the Olympic torch
relay. The relay has become a
magnet for protests against Chi-
na’s rule in Tibet and its human
rights record.

Barry Sautman, a political sci-
entist at the Hong Kong Uni-
versity of Science and Technol-
ogy, said the government is try-
ing to rein in the demonstra-
tions in order to ensure calm
and project an inviting image
ahead of the Beijing Olympics
in August.

“That’s why they want
demonstrations to be very
short,” Sautman said. “They
want to wrap them up as soon

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official mouthpiece for the Chi-

THE TRIBUNE

China appeals for calm after

anti-Western demonstrations




“Color China Photo/AP

CHINESE STUDENTS and citizens chant slogans and hold up hanitats
against France in front of a French Carrefour supermarket in Xi'an,
northwest China's Shaanxi province Sunday, April 20, 2008.

as possible so they can go on to
restore the image of China as
welcoming to people around the
world.”

He said that Beijing’ s move
to rein in the budding national-
ism follows similar patterns seen
in the past, such as in 1999 when
anti-U.S. outrage erupted, after
the bombing of the Chinese
embassy in Belgrade and in
2001 when a U.S. spy plane col-
lided with a Chinese fighter jet.

“The government allows peo-
ple to vent their spleen but then
immediately reins it in,” Saut-
man said. “They are certainly
afraid it will go too far.”

On Sunday, more than 1,000
demonstrators carrying banners
gathered for a second day in the
tourist city of Xi’an in front of a
Carrefour, chanting “Oppose

Tibet Independence,” “Go Chi- .

na,” and “Condemn CNN,” the
official Xinhua news agency
reported.

Protests also continued in
central Wuhan for a second day,
when another 2,000 people,
mostly students, waved the Chi-

‘nese flag and sang the national

anthem.

Rallies also were staged in
the cities of Harbin, Dalian, and
Jinan. An estimated 1,000
demonstrators blocked -traffic
in Dalian, while another 1,000
protesters in Harbin held up at
a 33-foot-long banner in sup-
port of the Olympics, Xinhua
said.

inne reported that one

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protest organizer in Xi’an, iden-.
tified as Wu Sheng, said the
demonstrations were not nec-
essarily aimed at pushing cus-
tomers to boycott Carrefour.

“We do not support a boy-
cott of French’ companies
because the economy is global-
izing. We chose Carrefour’s
front doors only because we
draw more attention there,” Wu
was quoted as saying.

Interview

In an interview published in
Journal du Dimanche, Car-
refour’s chief executive Jose
Luis Duran said the company
is “taking the situation very seri-
ously,” though its earnings had
not yet been affected.

With 2 million Chinese cus-
tomers, “we cannot take the
reaction of some of our clients
lightly,” he said. “It must be
understood that a large part of
the Chinese population has
been very shocked by the inci-
dents that have peppered the
passage of the Olympic torch
through Paris.”

Duran denied rumors spread
on the Internet that Carrefour
supports the Dalai Lama, saying
the company has never sup-
ported any political or religious
cause. The retailer is the sec-
ond-largest “hypermarket” in .
the world after Wal-Mart Stores
Inc.

It has 122 stores in China
employing 44,000 people.


THE TRIBUNE





INTERNATIONAL NEWS

illos/AP_

Ariana Cub

CHILDREN WAIT outside a church, where aid workers were giving out bags of food donated by the Venezue-
lan government, in Port-au-Prince, Friday, April 18, 2008. Hundreds of Haitians stood in long lines Saturday,
just as others had walked for hours throughout the week to receive the U.N. and regional food aid pouring

into the country-after a spate of deadly riots.

Aid arrives in Haiti,
but many are left out

@ PORT-AU-PRINCE, Haiti

. HUNDREDS of Haitians
stood in long lines Saturday, just
as others had walked for hours
throughout the week to receive
the U.N. and regional food aid
pouring into the country after a
spate of deadly riots, according
to Associated Press.

But amid the tenuous calm, aid
groups say they are just buying
time — and long-term solutions
seem remote in the desperately
poor nation.

“The beans might last four
days,” said Jervais Rodman, an
unemployed carpenter with three
children who emerged from a
churchyard Friday with small bags
of food. “The rice will be gone as
soon as I get home.”

Rodman was one of the lucky
ones. Many others arrived after

the distribution centers had run »

out.

Haitian officials handed out
1,000 bags of U.N.-bought food
Saturday in Cite Soleil,.a huge
seaside slum on the eastern edge
of the capital. Though aid was
limited to women over age 57 and
the handicapped, at least 50 peo-
ple who waited in line were
turned away. —

Claudete Depalis, 60, left emp-
ty-handed after hoping to get
food for the 12 children of
extended family who live i in her
home.

“T don’t know what I’m going



to do with these kids today,” she

said.

More than half of Haiti’s near-
ly 9 million people live on less
than $2 a day, and the rise in food

prices has deepened the country’s

misery.

Market stalls are piled with
papayas and small bags of pasta,
even in poor areas. But vast num-
bers of people simply lack money
to buy them because global food
and commodity prices have risen
40 percent over the past year.

Riots

-At least seven people were,

killed in the food riots this month

that cost Prime Minister Jacques ,

Edouard Alexis his job.

The riots also were a setback to ,

international efforts to stabilize
the country, U.N. envoy Hedi
Annabi said. U.N. peacekeepers

came after a violent rebellion.

ousted President Jean-Bertrand
Aristide i in 2004.

“We now need to turn this
around, draw the lessons from
this crisis and move ahead,”
Annabi told The Associated
Press.

The United Nations says it will
distribute 8,000 tons. of food and
other aid in the next two months.
Venezuelan President Hugo
Chavez has pledged more than
350 tons of food. And U.S. Pres-
ident George W. Bush has

ordered the release of $200 mil-
lion in emergency aid to nations
hit hardest by surging food prices
— though it was not immediately
clear how much Haiti would get.
Brazil has given some 18 tons
of food since the crisis began.
“It’s not much. We are aware
of that, but it’s something,”
Brazilian Ambassador Igor Kip-
man told the AP at the church-
yard in a part of the capital
known as Cite Militaire. “You
have an emergency, people are
hungry, so we are handing out

some food for the immediate °

problem.”

As he spoke, Brazilian marines
gave out rice, sugar, beans and
cooking oil, while others armed
with shotguns and automatic rifles
stood guard or monitored the
scene from armored vehicles and
rooftops.

Hundreds of people, including
many small children, thronged
the steel gates outside another
church, where aid workers were
giving out bags of food donated
by Venezuela.

Relief group World Vision said
food distribution this week in
Haiti’s Central Plateau, north of
the capital, drew about 800 peo-
ple over two days, some who had
walked more than three hours.

The sharp rise in prices has
thrown some of those who could
barely support themselves into
the throngs of the utterly desti-
tute.

MONDAY, APRIL 21, 2008, PAGE 13

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3) ger.


PAGE 14, MONDAY, APRIL 21, 2008 THE TRIBUNE

First anniversary
celebration for
The Cove at Atlantis



A JUBILANT atmosphere
permeated the air at The Cove
at Atlantis as senior execu-
tives and employees celebrat-
ed the first anniversary of that
resort’s opening.

Leading the festivities was
John Conway, senior vice
president and general manag-
er for The Reef and The
Cove.

He was flanked by top
Kerzner senior executives
including George Markanto-
nis, president and managing
director of Kerzner Interna-
tional; Paul O’Neil, chief oper-
ating officer of Kerzner Inter-

Kerzner International
Bahamas Limited.

Also in attendance were
Gene Albury, senior vice pres-
ident of administration for
The Cove and Alex Kim, vice
president of operations for
The Reef along with hundreds
of employees.

Success

Mr Conway congratulated
and thanked all team mem-
bers who he said made the 600
all-suite resort the success that
it is today.

“Today is about you, and

national and Nan Palmer,

chief operating officer of today is about us, and today is

about celebrating the one year

CUSTOMER NOTICE The following stores
will be closed on the dates listed below for
inventory. Management apologizes for any

inconvenience caused.

meee ease

¢ JOHN BULL, Abaco

* JOHN BULL, Freeport, GB

Monday APRIL

° JOHN BULL, Harbour Island

* JOHN BULL, Exuma

Wednesday APRIL

* COACH, Bay Street

Thursday APRIL

¢ GUCCI, Bay Street

Monday APRIL

1
is
21

¢ JOHN BULL, Crystal Court, Atlantis

¢ CARTIER, Crystal Court, Atlantis

* GUCCI, Crystal Court, Atlantis

* BVLGARI, Crystal Court, Atlantis:

* HAVANA HUMIDOR, Crystal Court, Atlantis

Tuesday APRIL 22

° JOHN BULL, Palmdale

¢ JOHN BULL, Harbour Bay

Wednesday APRIL 2 3

- JOHN BULL, Mall at Marathon _
* GUESS, Mall at Marathon

Thursday APRIL 24

¢ JOHN BULL, Bay Street
'¢ DAVID YURMAN, Bay Street

* CARTIER, Bay Street

Monday APRIL 2 8

¢ JOHN BULL, Marina Village

* LA PARFUMERIE, Marina Village

* DOONEY & BOURKE, Marina Village
* JOHN BULL BUSINESS CENTRE,

Tuesday APRIL 2 9

* JOHN BULL BUSINESS CENTRE,

Robinson Road

Robinson Road



anniversary of the official
opening of The Cove,” said
Mr Conway. “But it is so
much more than just The
Cove, it is Aquaventure, it is
Dolphin Cay, it is The Reef

- and The Cove and évery sur-

rounding supporting business
that we have.

“We are so proud of every-
one’s accomplishments,” he
added. “I am very pleased to
say that the guest customer
satisfaction ratings for The
Cove, The Reef, Aquaventure
and the entire Phase III expe-
rience has exceeded all expec-
tations and it’s because of
‘everyone in this room.”

Team

Mark Gsellman, senior vice
president of water park oper-
ations said, “We have come a
long way. We have come as a
team, the whole Atlantis
Operation, and J just want to



ALL PHOTOS: Joshua Yentis/Blue Wave Imaging

. PICTURED AT the cutting of the cake during the first anniversary celebrations for The Cove Atlantis are;

from left to right, Gene Albury, senior vice president of administration for The Cove; Raquel Edge-
combe-Clarke, senior director of rooms at The Cove; Alex Kim, vice president of operations for The Reef

and John Conway, senior vice president and general manager for The Reef and The Cove.

that got us to this point.”
After the speeches, employ-
ees dug into layers of a large,
specially made anniversary
pound cake and had lunch

“They are making the
employees feel more wel-
comed.

“We are having a great day
here at work and we’re look-

good,” said Shareca Armbris-
ter, an employee at Aquaven-
ture.

“So far it has been good,”
said Kevin Wilkinson, a bell-

man at The Reef, who added
that he was enjoying the fes-
tivities.

say thank you to everybody

CONVENT

ing forward to having a won-
derful day with all this activity
that is going on. It’s really

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MONDAY, APRIL 21, 2008, PAGE 15

THE TRIBUNE




Celebrating one
year of The Cove

ABOVE LEFT: Aquaventure Team members Kenisha Seymour and Shareca
Armbrister are pictured at the celebrations.

ABOVE: Front row: Gene Albury along with Olivia Mortimer, senior director of
labour relations; George Markantonis, president and managing director of Kerzn-
er International; Brenda Jenoure, director of finance; Nan Palmer, Kerzner Inter--
national’s chief operating officer, a Cove employee and Paul O’Neil, Kerzner
International’s chief operating officer are pictured in the first row during the first
anniversary celebrations. Second row, John Conway, Oral Jones, senior director
of food and beverage and Mark Gsellman, senior vice president of water park
operations.

LEFT: Members of The Cove’s culinary team share in the festivities.

Cerone RL
IMUM am CM



MUau allie Ror TLRS

i BAGHDAD

SECRETARY OF State
Condoleezza Rice praised the

Iraqi government Sunday for .

government-led assaults on rad-
ical militias, as the top U.S.

omat visited Baghdad in a
ee of support for the coun-
try’s leaders, according to Asso-
ciated Press.

The Iraqi government “has
made a choice to pursue mili-
tias and is willing to bear the
conséquences,” Rice said after
her discussions.

She said there is “tremendous
political opportunity here. They
have to seize it.”

Rice met with Iraqi Prime
Minister Nouri al-Maliki, his
Kurdish president and other top
officials. She was also honoring
Americans killed in the Green
Zone, the heavily protected
compound that houses the U.S.
embassy and much of the Iraqi
central government.

During his meeting with Rice,
al-Maliki said the government.
assaults in the southern city of
Basra represent a strong blow
to all lawbreakers, showing the
determination to confront the
militias, according to a press
release by the prime minister’s
office. vie

President Jalal Talabani told
Rice, “We are living in the Iraqi
political spring.”

In the northern part of Iraq,
U.S. and Iraqi troops have
stepped up security operations
in Mosul, believed to be one of
the last urban strongholds of al-
Qaida in Iraq.

t

Al-Maliki told Rice that gov- .

ernment forces are preparing to
finish the battle against the ter-
rorists in Mosul in the. coming
days, according to the Press
release by the prime minister’s
office.

Targets

Rice’s brief heavily guarded
stop was not announced in
advance, in keeping with secu-.
rity precautions adopted by all
top U.S. officials who remain
targets of the anti-American
insurgents five years after the
U.S.-led invasion of Iraq and
the fall of Saddam Hussein.

Rice told reporters she sees
signs that al-Maliki’s assaults on

CONDOLEEZZA RICE (AP)

There’s no doubt about! that, %
said Rice. .

During five dave of Bscye:

fighting last month, Iraqi troops
struggled against militiamen,
particularly the Mahdi Army
loyal to anti-American cleric
Muqtada al-Sadr. The ill-pre-
pared Iraqi military was plagued
by desertions and poor organi-
zation and U.S. troops had to
take over in some instances. The
offensive was inconclusive, with
Iran helping mediate a truce.

Control

Still, the ‘crackdown appears
to have ‘succeeded in giving
some sense of central govern-
ment control in Basra, Iraq’s
second-largest city and the
emergence of a common cause

could help bridge Iraq’s political

rifts.

The head of the Kurdish self-
tuled region, Massoud Barzani,
has offered Kurdish troops to
help fight al-Sadr’s militia.

More significantly, Sunni
Arab Vice President Tariq al-
Hashemi signed off on a state-
ment by Talabani, a Kurd, and
the Shiite vice president, ‘Adil
Abdul-Mahdi, expressing sup-
port for the crackdown in the
oil-rich city of Basra.

Al-Hashemi is one of al-
Maliki’s most bitter critics and
the two have been locked in an
acrimonious public quarrel for a
year.

Al-Hashemi has accused the
prime minister of sectarian





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Rice and al-Maliki had a pri-
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Earlier at the U.S. embassy,
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they accuse of monopolizing
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both Sunnis and Shiites suspect
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Al-Sadr gave what he called a
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«


PAGE 16, MONDAY, APRIL 21, 2008 THE TRIBUNE

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"MONDAY. APRIL#21; 2008

SECTION B e business@tribunemedia.net

.



Fashion week
attendance
may exceetl
predictions
by five-fold

@ By NEIL HARTNELL
Tribune Business Editor

Tie ER
Bahamian
banker organiz-
ing a fashion
show to be held
in Nassau this
November has
been told the
event may.
attract between
1,000-2,000 persons, a total
well above the 200-300 he ini-
tially thought would attend. If

predictions become reality, this |

would provide a further
tourism and publicity boost for
the Bahamas.

Owen Bethel, president and
chief executive of the Nassau-
based Montaque Group, which
owns and is financing the
Islands of the World Fashion
Week, said that if the increased

‘attendance figures material-

ized, the event could be a
“boon” for tourism and some
Bahamian hotel properties giv-
en the uncertain economic out-
look.

“T have been told that we
should anticipate anywhere in
the range of 1,000-2,000 per-
sons attending this event,” Mr
Bethel said. “This is well-

SEE page 1B





Bahamas Waste investing
$500k in recycling facility

@ By NEIL HARTNELL
Tribune Business Editor

ahamas Waste is invest-
ing $500,000 in a recy-
cling facility it hopes ' will
be “up and running” by
end-May 2008, its man-
aging director told The Tribune, as it

‘moves to combat the impact soaring

fuel and operational costs have had on
its margins.

- Francisco de Cardenas said the recy-
cling facility would initially focus on
cardboard, given that the BISX-listed
waste collection and disposal services
provider had found that a “substantial”
amount of this product was currently

* BISx-listed firm says other green waste joint venture ‘going
amazingly well’, with Kerzner a customer of recycled product
* Soaring fuel and operations costs impact 2007 results, as managing director
points to 300% gas price rise in a decade. His largest rate rises only 10-15%
* No work: on biodiesel pacity approval, garbage collection contract and Freeport entry

Toniduc Williams-Darling Highway.
Mr de Cardenas said of the recycling
facility: “It’s probably a half-a-million
dollar investment. We’ve got the equip-
ment in. We’ve started some infra-
structure. works, and are moving for-"
ward with it now. By the end.of May,

“We only need now to get Ministry of

Works approval for our building plans, .

but everything else has been given the
green light. The amount of cardboard
going into the landfill right now is sub-

“sfaritial, and we want to target that.”

Given the general economic climate,

was going to develop the recycling facil-
ity — to be situated at its Gladstone |
Road base — “as frugally as possible”.
Bahamas Waste was looking to even-
tually take on additional staff to operate

SEE page 10B

being dumped in the landfill off

Accountants: EPA offer may contradict

we hope to be up and running.

Mr de Cardenas said Bahamas Waste

law, ‘erode’ financial sector regulation

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN accountants
have written to the Prime Min-
ister expressing concern -that
this.nation’s proposed Eco-
nomic Partnership Agreement
(EPA) services offer conflicts
with the main law governing
their profession, and could
“erode” financial services regu-
lation and the profession’s abil-
ity to self-regulate.

‘Incorrect rates and non-
payment woes hit Customs

-â„¢ By NEIL HARTNELL

Tribune Business Editor

THE Government lost sub-
stantial amounts of revenue

' due to it during its 2005-2006

Budget year because the Cus-
toms Department often
applied incorrect duty rates to
many imports, while a “large
number of bills of lading” were
released from New Providence

docks without any evidence to

show duties were paid. -
The Auditor-General’s
report on the Customs Depart-

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ment detailed the findings of
audit examinations carried out
at the agency’s docks in Nas-
sau, namely those at Seaboard
Marine, Arawak Cay, Kelly’s
(Betty K), John Alfred Dock
and Union. |

“From our audit of incom-
plete manifests, we made the
following general observa-
tions,” the Auditor-General’s
report said.

“A large number of bills of

SEE page 8B

‘Make best
efforts’ to
get all tax

@ By NEIL HARTNELL
Tribune Business Editor

THE Government must

" “make best efforts to collect”

the $410 million in accrued real
property taxes that it is owed, a
businessman and leading fis-
cal ‘hawk’ told The Tribune,
adding that to write it all off
sent the wrong message to tax-
payers who did pay.
Responding to comments by
former minister of state for
finance James Smith, who sug-
gested that the Government
should write off the $410 mil-
lion because much of it would

SEE page 6B

The Bahamas Institute of
Chartered Accountants
(BICA), in a statement issued
to The Tribune, said the open-
ing of attestation services —
audit sign-offs and opinions —

to European Union (EU) ,

accountants via the. Bahamas’
EPA services offer appeared to
conflict with The Public
Accountants Act 1991 provi-
SIONS? waa me

The Act states that only
BICA licensees are able to per-







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form attestation services within

the Bahamas. Yet as its stands
currently, EU accountants will,
via the EPA, be able to provide
such services without being
licensed by BICA.

The Institute warned that this
development would remove a
“thin layer of protection” for
Bahamian accountants, and

‘ asked the Government how it .

proposed to regulate EU
accountants who provided
audit, audit sign-off, and audit

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opinion services for Bahamian
and international companies
located in this nation.

In addition, BICA expressed
concern that allowing EU
accountants to perform attesta-
tion services could also under-
mine the financial services
industry’s regulation in the
Bahamas.

If problems arose with the
audit of a Bahamian bank and
trust company, investment fund,
trust or any entity domiciled in

7 One.famly with many heeds. For
a solid financilal.foundation and
customized advice, their choice is

Colinalmperial,

the Bahamas, the relevant reg-
ulators would always have the
ability to go straight to the audi-
tor because, as a BICA licensee,
they would be based here and
easily contactable.

If an EU accountant per-
formed the attestation services,
though, and problems devel-
oped with the audit quality or _
an edie related issue, Bahami-

SEE page 6B

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PAGE 2B, MONDAY, APRIL 21, 2008

THE TRIBUNE



Take control of your financial future...
Attend this FREE Investment Seminar



“Women: Inspired, Motivated and
Challenged to Be The Best!”

LECT ULE) AE UU PAU

Time: Sam-ipm
SO UNDE SCE LETC
ds Bonen Sere Continental breakfast will be served

Speakers include:
Loretta Butler-Turner, MB Minister of State for Social Development

“Tackling Crime and Violence Against Women in the Bahamas”

“Protecting Our Children - Understanding Inheritance laws” *

. Yvette Bethel, CEO, Organizational Sout
“Are you in the right job? What to do if you are not”

Ursula Rolle, Assistant Vice President, Banque SCS Alliance (Nassau) Ltd.

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Deputy Managing Director: Mrs Hannah Gray &
Course Presenter, Former Managing Director:
Ms. Michaela Virgill Storr surrounded by course
Participants

February 15th, PHA Corporate Centre:

Forty senior executives from the Public Hospitals Authority (PHA) headquarters
and hospitals in Nassau graduate from a 5 day management development course.

The program was developed and presented by former PHA managing director
Ms. Michaste Virgill Storr.

The officers ‘reviewed over 40 topics including the Bahamas Health System,
comparative systems of other countries, hospital organization and structures,
the World Health Organization reform goals, healthcare financing mechanisms,
cost containment, health facilities planning, tools for effective management
and follow-up, job planning, performance and evaluation, leadership and team
building exercises and strategies for conducting effective meetings. Emphasis
was placed on practical and effective strategies for day to day management.

Managing Director, Mr. Herbert Brown stressed that it was important, especially
since the PHA continues to actively recruit talent from private enterprise that there
was an appreciation and commitment to recognize the need for synergy between
a corporate style of management and maintenance and enhancement of the in-
tricate procedures, processes, systems which are peculiar to healthcare delivery.

Course presenter, Ms. Storr, is the 1996 recipient of the Pan American Health
Organization/World Health Organization International Award in health adminis-
tration; she has over-30 years in managing the nation’s. public hospitals. “I drew
on my experience as a manager and administrator in the public healthcare system
to design a program to ensure that all managers have the same orientation to and
the same understanding of the public healthcare system; and are familiar with
its philosophies, policies and structure. As well, I wanted to make sure that our
managers were exposed to internationally proven strategies and techniques for
effective, efficient management and delivery of services.”

| Participants in the course found the information and materials enlightening and
timely. At the close of their graduation ceremony, the newly equipped managers

surprised Ms. Storr with several gifts of appreciation.





LE AES “Mon.-Fri. 9:00 a.m. to 3: 00 p.m,

Withdraw Cash

Purchase US. Drafts

Safety Deposit Box Rental

Purchase VISA Gift Cards

Apply for VISA Credit & Prepaid Cards
Apply for Loans

® ® ®@ ®@ ® © @

Access Private Banking & Trust Services

‘Trade Finance

&

(All within the Exchange Control Guidelines of The Central Bank of The Bahamas).

FREQUENTLY ASKED QUESTIONS

Q.. Can I withdraw US. Dollar finds while I am shopping in Florida?

A. Yes. Customers of Bank of The Bahamas International will be permitted to withdraw funds,
in US, Dollars, at BOB Financial Services, Inc. Such withdrawals, however, will be subject to
Bahamian Exchange Control Guidelines.

Q. Will Tbe ableto open a US. Dollar account at BOB Financial Services, Inc.? ‘

A.. No. BOB Financial Services, Inc., will not offer U.S. Dollar account facilities at this rime.
It-will serve as a customer service extension of the Bank's Bahamas based offices and service
centres and will allow customers access to their funds for multiple purposes, within Baharnian
Exchange Control Guidelines.

Q. Will BOB Financial Services, Inc., be able to open accounts for persons wishing to conduct
banking business in The Bahamas?

{
A. Yes. BOB Financial Services, Inc., will assist prospective customers with opening accounts,
subject to the customer meeting the Bank's usual due diligence requirements and Bahamian

regulatory guidelines.


THE TRIBUNE MONDAY, APRIL 21, 2008, PAGE 3B

Ee Sa
Preparing your business

for recession survival



Located next to Atlantis,
with 228 beautifully
appointed Junior Suites
and meeting facilities
to accommodate

m By MARK A TURNQUEST

IN order to ‘weather the
storm’ during the likely upcom-
ing recession (or severe eco-
nomic downturn) in the
Bahamas, small and medium-
sized business (SMB) owners
must focus on operational effec-
tiveness and efficiency. SMB
owners must place high empha-
sis on achieving business goals
(effectiveness) in a timely and
less costly manner (efficiency).

SMB owners must now eval-
_uate all functional aspects of
their business model (general
management, operations,
human resources, marketing,
accounting, finance, marketing
and information technology)

and create effective operational

strategies. Listed below are
functional (departmental)
strategies that you can use to
reduce the negative impact of
any recession:

GENERAL
MANAGEMENT

*Planning: You should con-
duct a research to determine
what negative /positive macro
—environmental (political, eco-
nomic, technological, social-cul-
tural) and micro-environmen-
tal (customers, suppliers, com-
petitors, labour market and
industry costs) effects a reces-
sion would have on various
departments. Afterwards, set
specific, measurable, attainable,
rewarding and time-oriented
goals to solve potential prob-
lems and take advantage of
market opportunities ,

* Organising: After planning,

and allocate resources (employ-
ees, money etc) that will be
needed to solve problems or
take advantage of market
opportunities.

* Communicating: Carefully
explain (to all employees) the
strategies that you are going to
implement to survive this reces-
sion. Remember, “it is not what
you say —but how you say it”!

, “Execution and Monitoring:
Design action plans for all
departments. You should align
resources that are required and
effectively deploy them ina
timely manner. Create control
plans (Budgets, schedules etc)
so that you can determine what
corrective measures must be
taken in the event that activi-
‘ties do not go as planned.
Remember: “You cannot man-
age what you cannot measure!”

MARKETING

*Segmenting & Targeting:
Always focus your attention on
satisfying loyal customers.

* Positioning: Make sure new
customers clearly understand
the value and benefits of your
products/services, because you
might not get a second chance
to convince them.

* Pricing: Give discounts on
old /dead stock. Price your
product competitively.

*Promotions: DO NOT
STOP ADVERTISING. Use a
variety of promotional activi-
ties (newspapers, coupons etc),

and determine which ones are ‘

the most effective. Customers

should be surveyed to deter-
mine the impact of each pro--
motional activity, and only con-
tinue the ones that are effec-
tive. :

*Customer Service and Dis-
tribution: Make certain it is con-
venient/easy for your customers
to buy your products/services,
and do your best to attract,
maintain and retain loyal cus-
tomers.

HUMAN RESOURCES

*Hiring: If you must hire new
staff, make sure they can per-
form multiple tasks. It will be
great if you can hire two
employees that can perform
four employees’ jobs. Howev-
er, you must be fair when set-
ting their pay scale, and reward

_ them for excellent performance. .

*Training: It is a good time ©
now to start cross-training

‘ employees, just in case you have

to lay-off some staff. At least
you will have some staff who
can perform multiple tasks.

* Retaining Staff: Do your
best to keep loyal employees.
When hard times occur, try to
keep them on part-time or set
up a flexible time schedule, so
that they can get a second job to
cover their living expenses.
Communicate to them that as
soon as the recession is over
they will resume regular work-
ing hours.

OPERATIONS
*Inventory: You must dili-

gently manage your inventory.
Only purchase what you need,

up to 70 people.

Our guests have
full use of the

exclusive facilities of
the fabulous Atlantis

just steps away.

In-room amenities
include: king size or
two double beds,
sitting area
- with sofa bed,
cable tv, refrigerator,
in-room safe,

coffee maker, hair dryer,

complimentary
deluxe continental

breakfast served daily,
pool with swim-up bar,

Crusoe’s garden

restaurant serving
breakfast and lunch,
Bamboo cocktail bar.

Guest rooms and

interior public facilities

are designated
non-smoking areas.

Ask about our local
corporate, group and
wedding rates.

Contact our
management team
for a site inspection.

make sure you identify, prepare
and try to buy fast-moving stock |

in bulk only if you will receive
good discounts. When receiv-
ing stock, triple check for “short
shipped and damaged items”.
Inventory should be properly
stored in order to reduce “dam-
age and out-dated products”.
Inventory control is very impor-
tant. Stock taking should be
conducted regularly in order'to

ComMFORT
SUITES



MUSIC TEACHERS - TEACHER’S
AIDE - JUNKANOO ARTIST



PARADISE ISLAND
BAHAMAS





1 Paradise Island Drive
Paradise Island, Bahamas






ACCOMMODATIONS WANTED | : eee 8
; FIRSTCARIBBEAN

INTERNATIONAL BANK '



SUMMER CAMP
COUNSELLORS

Call: 328-0554

Email Resume: info@rightafterthebell.com

Fully furnished ROOMS, APARTMENTS,
& Houses wanted for Short term stays
in the Bahamas Home Away From Home





CAREER OPPORTUNITY
for



Contact Ms. Allen @ Stop-N-Shop Online
394-4949 or e-mail :
Bahamas. HomeAwayFromHome@ gmail.com






_ Director, Corporate Banking — Bahamas and Turks and Caicos







UALIFICATION & EXPERIENCE |

* Graduate status and at least 7 years proven experience in the business/financial



BAHAMAS NATIONAL TRUST



world.

Environmental Education Officer and | vac: 3
/e Proven experience in managing corporate/commercial banking businesses and

Community Liaison: Black Point, Exuma





emerging market experience.

‘¢ Superior ability to interpret complex corporaté client needs and to assemble
innovative value-adding solutions that achieve Client objectives.

* A solid record of results, in business development, relationship management and
leading relationship management teams.

¢ Focused and motivational leadership skills to galvanize a team to work
collaboratively and effectively for customer value and profitability.

* High level of understanding of the markets, geographic, macro economic and global
factors impacting our client base. Ability to work effectively within and across
complex matrix structures



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 curricula

- Manage the Black Point Community Computer Centre
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
programme 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







RESPONSIBILITIES






* Asakey member of the senior leadership team, work proactively to contribute and
to develop the Division’s strategic, business, financial and marketing plans to achieve
annual and year over year business objectives.

¢ Lead and champion the sales/credit partnership to ensure the health of our credit risk
portfolio and to ensure that variances or concerns in the credit portfolio are addressed






i i equi ° . ‘ : :
pu abbas R ca a oe ‘i with client relationship management and resolved.
ce eee ne Peer e hte ¢ As the Senior Business Developer of the Corporate Business Unit, takes the lead on
communications)












complex and high value opportunities. Undertakes an active role with key high value

Bachelor's degree or higher in biology/combined science, customers to support the client facing team to provide solutions and to problem solve

history/geography, general studies or related fields.

ie ; eee ; as needed.
- Froven writing and interpersonal POD mUn Canons skills ane, ¢ Ensuring high client retention while enhancing and maximizing the profitability of
- Demonstrated ability to organize time, manage diverse activities, asaenats

meet deadlines ‘
- Commitment to natural resource conservation in Thé Bahamas
- Positive attitude

Applicants are requested to submit their resume with a cover letter via email

by April 18", 2008 to: Deangelia.deleveaux@firstcaribbeanbank.com

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.

Pt NATIONAL TRUST JOB OPPORTUNITIES


PAGE 4B, MONDAY, APRIL 21, 2008

THE TRIBUNE



aD

i

A Se rnon

PUBLIC HOSPITALS AUTHORITY
SANDILANDS REHABILITATION CENTRE

ADVERTISEMENT
MANAGER I HUMAN RESOURCES
The Public Hospitals Authority invites applications are from suitably qualified individuals
for the post of Manager |, Human Resources, Sandilands Rehabilitation Centre, Public
Hospitals Authority.

Applicant must possess the following qualification:-

Bachelors Degree in Business Administration, Management, Public Administration,
Human Resources or equivalent and at least five (5) years relevant experience.

JOB SUMMARY:

Responsible for the day-to-day management of the Human Resources Department
including planning, organizing, coordinating and delegating duties; the supervision of the
staff of the Human Resources Department; the coordination of activities and assisting with
the training, education and development of the Human Resources Department staff.

DUTIES:

Coordinates the development of Human Resources policies, procedures and
practices in the hospital and assists Corporate Office with policy development.

Prepares the Human Resources component of the
Personnel Emoluments Budget.

Prepares the Human Resources Department budget.
Develops general quality standards for the Human Resources Units.

. Identifies and analyses Human Resources problems and recommends /
implements solutions.

.. Develops and implements Human Resources and related training
programs and activities for relevant departments in conjunction with the
training department.

Advises and assists with interpretation of Human Resources policies
for department heads, Area Supervisors, Administrative Officers and
Human Resources Officers.

Liaises with the Payrolis Department as it relates to management of
budget.

Serves as advisor to the Executive Management Committee on Human
Resources issues.

Develops and designs systems and surveys to ensure a proactive .
approach to the Management of Human Resources.

Participates in Labour Relations and Negotiations.

. Coordinates with Area Supervisors the recruitment of staff by developing
interview formats, serving on the interview panel, testing and conducting
background and reference checks.

The salary for the post is in Scale HAASI ($37,400 x 700 - $43,700)
Letters of application and resume’ should be submitted to the Director of Human

Resources, Public Hospitals Authority, Corporate Office 3%¢ and West Terraces Centerville,
P.O. Box N-8200 no later than 25" April, 2008.





EMPLOYMENT OPPORTUNITY

ficlz

Professional Insurance
Consultants



Professional Insurance Consultants
has a vacancy for a

Personal Lines Underwriter

Applicants should:

e Have Bachelor's Degree or equivalent

@ Have excellent people skills and telephone technique
e Be cheerful, enthusiastic, punctual and presentable

e Be computer-literate

@ Have progress towards ACII or similar

Please apply by email only to info@picinsure.com.
No phone calls or faxes will be entertained.





@ Have the right attitude towards the public and all others

NT
NAD

FOR PROPOSALS

(b) offer a mix of concepts that will
help to énhance the image of the ~

Nassau Airport Development Company
Limited (NAD) is inviting proposals for
TWO Branded Specialty Coffee Outlets, _
one in the U.S. Departure Lounge and
one in the Domestic/International
Terminal at Lynden Pindling

International Airport. The successful
Proponent will be required to finance,
design, develop, operate and manage
the branded specialty coffee outlets.

Nassau Airport as a world class airport;

(c) offer food & beverage choices fo
passengers at reasonable prices:

(d) offer a mix of local, regional and
national and international brand-name
companies;

.

i. Proponents must be incorporated. (e) develop and design food &
ie beverage facilities that complement
ii. Proponents must have at least two the qualities of the current and
new terminals while recognizing the

distinctive spirit and character of the

(2) current locations similar to the
proposed operation at LPIA where
the Proponent has operated similar
Branded Specialty Coffee facilities
within the last three (3) consecutive

community the airport serves; and

(f) optimize revenue to NAD.
years.

fii. Atleast two of the Proponent's -
current locations must have generated
-at least $500,000 in average annual -
gross sales in the last two (2) years.

- NAD's goals and objectives are to:

(a) achieve a high standard of
excellence and customer service;

oe MOsey
es re,
& ‘

®

Joniont ig

PUBLIC HOSPITALS AUTHORITY
TRAINING AND DEVELOPMENT UNIT

CORPORATE OFFICE
ADVERTISEMENT

POSITION
ADMINISTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from LIE
qualified employees for the post. of Administrative Assistant, III,
rene and Dévelopment Unit, Corporate Office, Public Hospitals

_ Authori

Applicant must possess the following qualifications:-

Associate Degree in Business, Secretarial Science or related
field and three (3) years relevant experience OR College of the
Bahamas Diploma in Secretarial Science and five (5) years relevant
experience.

The Administrative Assistant, III will report to the Deputy Director
Human. Resources Training _and, Development “and be
responsible for the general administrative/ secretarial duties;
assists in all required aspects of the Unit.

Duties:

Coordinates the activities of the office of the Deputy Director
Training and Development.

Coordinates and arranges meetings, prepares agendas,
reserves and prepares facilities for the same.

Assists in all required aspects of training and management
within the unit Excel, Microsoft Word and Microsoft Power
Point Programmes.

Work on, special assignments on behalf of the Deputy Director
of ee any Training Manager in the unit in order to
ensure well rounded exposure and experience.

Prepares programmes and training materials, workshops,
seminars and training courses.

Responds to oral and written queries as directed.

Conducts research, prepares conclusions, com iles and es
statistical reports and spreadsheets as difected, WP

Attends meetings as requested, takes minutes of meetings.

Ensures that minutes to meetings are forwarded to concerned
persons prior to the next meeting.

. Records all incoming and outgoing mail and maintains a
bring-up system for proper follow-up.

11. Drafts correspondence and word process documents and .
_ recommendations relative to training requests and in-service
training awards.

Salary of the post is in Scale ($22,250 x 700 - $27,150) '

Letters of application and curricula vitae should be submitted to
the Director of Human Resources, Public Hospitals Authority P.O.
Box N-8200 or 3 Terrace Centerville (West), through your Head of
Department no later than 28" April, 2008.


THE TRIBUNE

THE BAHAMAS INSTITUTE OF CHARTERED ACCOUNTANTS

“Upholding Integrity, Striving for Excellence”

EXTRAORDINARY GENERAL MEETING

NOTICE TO ALL MEMBERS:

An Extraordinary General Meeting will be held at The British Colonial
Hilton Hotel, on Tuesday, April 22", 2008 at 12:30 p.m. to vote on the
PROPOSED NEW LEGISLATION AND AMENDMENTS TO THE
PUBLIC ACCOUNTANTS ACT AND REGULATIONS.

ALL MEMBERS ARE INVITED TO ATTEND.

President Bas
The Bahamas Institute of Chartered
Accountants.

PRESS RELEASE

For Immediate Release:

United Transportation Co. Ltd. (UTC) - 100 - Day Challenge Update

‘Nassau, Bahamas - April 17, 2008

The public is advised that United Transportation Co. LTD. a major group in the busing industry is ©

" preparing for the LAUNCH of the 100 -DAY CHALLENGE given by the Hon. Dr. Earl Deveaux,
Minister of Transport: UTC was incorporated in the latter part of 2006 and its membership is
increasing at a rapid rate. Stake holders in the busing industry are supportive of UTC as they are

~ confident the team will ensure:

‘customer safety

‘ efficient scheduling of the buses

‘ bus drivers are well-groomed and property attired
* fare boxes: are enforced ;

* buses are clean and

* loud/vulgar music is ceased

7 ~©=In essence, UTC has a vision and with the expertise of the various Consultants, UTC will take

' the quality of bus service to the next level. The 100-DAY CHALLENGE PROGRAM, which is
being implemented by the Road Traffic Dept., is very timely and will therefore encourage more
persons to park their vehicles and take a bus to work or school etc.

To assist with the change in culture, the following rules will be posted in the
buses and will take effect immediately:

1. The exact bus fare must be placed in the fare boxes as per the law
2. Bus fare must be paid upon entry on the bus

3, Eating, drinking and smoking are not permitted -

4, Passengers must remain seated unless exiting the bus

5, Vandalism/graffiti will not be tolerated

6. Fighting or cursing will not be tolerated

To further prepare the Bus Drivers for these new developments and changes in the industry,
UTC has scheduled a Two - Day Seminar for April 22, & April 24, 2008 starting @ 8:00pm
at L.W. Young High School, Bernard Rd. Speakers engaged are: Dr. David Allen, well known
Psychiatrist, Mr. Lloyd Turnquest, Manager Business Development, J S Johnson Insurance Co.,
Mr. Jack A. Thompson, Controller, Road Traffic Dept., and Dr. Leonard A. Johnson President of
the Bahamas Conference of Seven Day Adventist.

All Public Service Bus Driver, Bus Owners, Operators & Franchise Plate Holders are invited to

attend and admission is free.

Thank you for using our Bus Service and we look forward to your continued patronage.

United Transportation Company Ltd
Our Mission Statement

“SUCCESS DRIVEN”
We are committed to improving the standards, attitude and culture in the busing

industry, as change will promote a reliable, safe and organized transportation
system.

a
f

MONDAY, APRIL 21, 2008, PAGE 5B

IndiGO

N ET WO R K = §

Indigo Networks is a developing telecommunications company based in Nassau, Bahamas.
Beginning in 2004, IndiGO introduced the Bahamas’ first licensed telephony competition to the
islands of New Providence, Grand Bahama, and Abaco. IndiGO is currently in search of a highly-
qualified Manager of Network Services. Successful candidates will be highly energized, willing and
able to take the challenges of a fast-paced network rollout.

MANAGER - NETWORK SERVICES

Job Description

Network Services is tasked with OA&M of a broad range of systems within the expanding Indigo
network. The manager is responsible for providing strong leadership for a group of {T personnel
with varying disciplines and a range of technical experience. The principle objective of the Network
Services team is to provide highest system availability and reliability for all telecommunications and
Internet related commercial services and products.

||}-The Manager’s secondary responsibilities will include budget preparation, project planning and

implementation, vendor management, carrier liaison, and implementation of technical projects
needed to meet business objectives.

Qualifications
* Determined and independent, with 5 years previous IT management experience maintaining a —
service provider's network
Willing to work hands-on 7/24/365 to resolve network or system problems
University degree. CISSP,CCIE,MCSE or equivalent skills required
Excellent verbal and written communications skills
Excellent troubleshooting and analytical skills
History of successful vendor management ;
Preferred to have already acted in a capacity as carrier liaison
Demonstrable experience with Cisco routers, switches (LAN and WAN)
Knowledge of 2" generation NLOS MMDS wireless systems and wireless backhaul required.
Solid understanding of telecommunications circuits from DSO through DS3
Flexibility to manage multiple cell sites and Operations Centers distributed across three islands
Familiarity with MINDCTI billing system and associated AAA and DB
Hands-on security expertise - firewalls, VPNs, IDS/IPS
Extensive knowledge of IP telephony (VoIP/VoN), Cisco BTS10200 softswitch, -PSIN
gateways, SS7, QoS, SIP,H.323, MGCP
Expertise with typical ISP applications (DNS, radius, Rwhois, mail, network management/
SNMP, packet analyzers, etc)
Hands-on Unix (Sun and Linux) and Windows 2003 Admin
Prior hands-on experience of 3 to 5 years with a Class 4/5 softswitch a necessity

Salary is commensurate with qualifications.
Apply to:
Attn.: Human Resources Manager
P.O. Box N-3920, Nassau, Bahamas __

Rape mee cE ET RI

NAD

Nassau Airport
Development Company.

Nassau Airport Development Company Limited’ (NAD) is
inviting proposals for a Service Station and Mini Mart at
the corner of JFK Drive and Coral Harbour Road at Lynden
Pindling International Airport. The successful Proponent
will be required to design, construct, finance, maintain,
manage and/or operate a service station and
mini mart at the said location.

Proponents must be incorporated and have operated at
least two (2) service station facilities within the last three
(3) consecutive years .

Qualified an
_ Requesi for Proposal p
Terminal 1, 2nd floor, Lynde
Airport between. April 22
briefing for those who picked v:
held in NAD's Boardroom it th
2008 ar 10:00 am.

: Telephone (242) hier


PAGE 6B, MONDAY, APRIL 21, 2008 | |
ee ee a a a

Accountants: EPA offer may contradict law, ‘erode’ financial sector regulation

‘Make best efforts’

to get all tax
FROM page 1B

prove virtually impossible to collect,
Rick Lowe, operations manager at
Nassau Motor Company and a leading
figure with the Nassau Institute think-
tank, said: “I’d like a refund on my
property tax.”

He added: “The Government has
to make best efforts to collect that
money on behalf of people who pay
their taxes. If they’re going to abandon
collecting taxes from other people who
don’t pay, other people will stop pay-
ing. Otherwise, the Government’s got
to say: ‘Forget that tax, as we can’t
collect it from anybody’.”

Mr Lowe said that if the Govern-
ment wrote off all the real property
tax arrears that it was owed, “that tax
should not be there. We’re talking
about running a country, not a petty
shop”.

He added that if the Government
enforced real property tax collection
efforts on some, but not others, that
would amount to discrimination.

While real property tax acts as a
first legal charge over property, ahead
of mortgages and their lenders, Mr
Smith told The Tribune on Friday that
successive governments had been
reluctant to use their full legal
armoury, which would ultimately
involve repossessing a defaulted tax-
payer’s property, for fear they would
lose votes.

In response, Mr Lowe said: “At least
take the people to frigging court.

“They [the Government] don’t care
about people who do pay. It just points
to the fact that it’s a hit and miss
proposition. It points to the fact the
Government does not have proper
financial statements, and leaves the
door open for people who do pay not
to pay.”

Mr Lowe said his company’s
accounts provided regular statements
of who owed Nassau Motor Company
what, adding that receivables were a
major issue for the private sector, but
apparently not for the Government.

Pointing to the infrastructure works,
such as schools, hospitals and improve-
ments to roads and government build-

ings, that could be funded if just $100

million or $200 million of that out-
standing real property tax amount was
collected, Mr Lowe said: “It’s obvi-
ous there’s so much wrong, and there’s
so much that could be improved. It
seems a shame to say write it all off.

“So much could be done with $10
million. Our roads are deplorable.
Everything’s dropping to pieces. It’s so
sad.”







FROM page 1B

an regulators would have greater dif-
ficulty in tracking down and contacting
someone thousands of miles away.

A BICA source confirmed to The
Tribune: “The main concern is the
provision of attestation services, which
mainly includes the audit and the
review........ The way it [the EPA
offer] is outlined now is that attesta-
tion services within the accounting
profession will be open to the EU.

“The Public Accountants Act,
established in 1991, provides that only
BICA licensees have sign-off rights.”

The source said BICA was a self-
regulatory body with the ability to
regulate all accountants in the
Bahamas, possessing both investiga-
tions and disciplinary committees to
probe and punishing wrongdoing.

Yet this self-regulatory ability would
be undermined if EU accountants,
who BICA did not know and had no
information on their background, flew
in and out of the Bahamas rapidly and
left problems in their wake.

The Central Bank of the Bahamas
had taken the policy decision that all
bank and trust company audits must
be done by Bahamas-based firms, the
BICA source said, pointing out that

RECESSION, from page 3B

deter employees from mismanaging
your products. Ot going stock should
be carefully checked with sales invoic-
es.

*Utilities: Decrease electricity
expenses by installing energy-saving
light bulbs. Also, clean your air-con-
ditioning filters regularly. Decrease
your water bill by inspecting your
water system for leaks, and always
properly turn-off faucets.

*Telephone: Consider purchasing
the ‘VIBE’ or ‘Vonage’ if you make a

_ lot of international and Family Island

telephone calls.

* Risk Management: Ensure that
you have adequate business and per-
sonal insurances, and that your busi-
ness has a quality security system.
Ensure that strategic contracts are
legally binding in the event you have
to sue a third party. These are all
important, because during a recession
it would be near impossible to with-
stand internal and preventable losses
that you cannot recover.

ACCOUNTING

* Accounts Receivable: Significantly
limit the amount of new charge cus-

the Cayman Islands had implemented
a requirement that all investment fund
audit sign-offs be done by local com-
panies. “A lot of countries have main-
tained that they want audit services
to be done by someone in their juris-
diction, as opposed to someone fly-
ing in and not knowing the letter of
the law,” the source said.

They added that as the EPA ser-
vices offer currently stood, the way
was clear for EU individuals and firms
to provide attestation services, signing-
off and giving opinions o n audits of
Bahamian companies and corporate
vehicles with millions of dollars in
assets. Yet there may be no account-
ability if problems emerge later.

Audited financial statements are
relied on heavily by investors in com-
panies, since they are seen as ‘gospel’
on the firm’s true financial condition
as determined by an independent
team of experts. If trust in audit accu-
racy is lost, it may undermine the very
integrity and foundations of the capi-
talist system.

The BICA source described the
audit as “a very integral tool”, pro-
tecting shareholders and the integrity
of the Bahamian capital markets.

“If there is any wrongdoing, and
there are questions of access to the

tomers. Streamline existing charge
accounts. Encourage current charge

- customers to pay early by offering dis-

counts (if possible). Enforce penal-
ties to customers who deliberately
make late payments on accounts.
Remember, everyone is trying to save

money and reduce costs/expenses dur- -

ing this period.

*Accounts Payable: If you do not
properly manage your accounts
receivable you will get in trouble with
your creditors. Negotiate to receive
extra discounts if you pay your
account in full early. Alternatively,
arrange to extend your payment on
account time period (30-45 days). You
will only be successful with this if you

are an excellent or a very important’

customer.
INFORMATION TECHNOLOGY

*Existing Technology: Evaluate
your recordkeeping system (account-
ing, sales, marketing, human resources
inventory etc) to determine if it is
causing your business to operate in

‘an effective and efficient manner. If it

is not doing so, correct it because dur-

ing a recession your business does not .

need the burden of incurring extra
costs and expenses.

person who did the audit, how can
they get hold of that person who
comes in and goes out [via the EPA
provisions]?” the BICA source asked.

“They’re really eroding the regula-
tory powers of the Institute. We would
not have ready access to the person”

The BICA source said accountants
needed to make the case for attesta-
tion services to be excluded from the
EPA’s market access provisions,
pointing out that EU accountants and
firms would still be able. to enter the
Bahamas to perform accounting and
consultancy services.

In its statement, BICA said: “BICA

is firmly opposed to allowing foreign '

persons who are not licensees of
BICA to perform audits of entities in
the Bahamas, as it will negatively
impact the accounting profession in
the Bahamas.

“BICA takes the position that attes-
tation services should only be per-
formed by persons who have a pres-
ence in the Bahamas, and are licensees
of BICA. This position allows for
greater regulatory access, and ensures
that such services are performed in
accordance with International Stan-
dards on auditing and local ethical
and best practices currently adhered to
by members of BICA.

* New Technology: Only purchase
new computer systems, application
/operating, software (e.g. POS) and
equipment (fax, copy machines etc)

now if they are going to increase the —

productivity and profit levels of your
business. You now need to properly
manage the cash flow of your busi-
ness because it will be challenging dur-
ing a recession.

FINANCE

* Cash Flow: “CASH IS KING
AND QUEEN”. Try to receive.cash
early from charge customers and pay
suppliers later than usual. This is an
excellent strategy only if it is negoti-
ated beforehand, and if you do not
ruin your relationshipa with your cus-
tomers and suppliers.

* Asset Management: Try not to
buy fixed assets (equipment), evaluate
the relative benefits/costs of leasing
new equipment or repairing old equip-
ment. Properly maintain your fixed
assets (vehicles) on a regularly basis so
that they do not lose value beyond
depreciation costs. :

*Money Management:,Do not keep
using your business credit card during
this period on anything (products, sup-

THE TRIBUNE

“As an offshore provider of finan-
cial services, the Bahamas can ill
afford to have one negative incident
occur due to the malfeasance of an
unknown and under-regulated auditor
from Europe or any other jurisdic-
tion. It should also stand to reason
that the signing of the agreement with-
out consideration for the requirements
of the Public Accountants Act would
result in a contradiction of existing
legislation.”

The BICA source told The Tribune
that if Bahamian accountants went to
practice in the EU, they would expect
to be supervised by regulators in that
region.

AS a two-way trade agreement
involving reciprocity, Bahamian
accountants will now have greater
access to the EU market. But the
BICA source said while Bahamian
accountants had gone to work in
Europe before as liquidators, trust
accountants and forensic accountants,
the numbers were not great.

Given economies of scale and the
greater resources European accoun-
tants and firms had access to, it was
difficult for Bahamians to break into
the EU anyway, so the source felt the
EPA would not change the current
situation much.



’ plies etc) that have a net value close to

your credit card interest fee (18 per
cent and up). Try to obtain a line of
credit now — it might come in useful in
the future when you can buy invento-
ry at a significantly reduced dollar val-
ue. Try to refinance your business loan
now, but only if you are going to pay
the same interest rate or less. It might
be too late or costly to refinance your
business loan when the recession
occurs because banks will put a
squeeze on lending money.

Remember, the only way to suc-
cessfully operate a business during a
recession is to evaluate all areas of
your present business model and
refine it by focusing on reducing oper-
ating costs and expenses; improving
staff morale and productivity levels;
increase customer service activities;
and stabilising sales potential and
profit margins. SMB owners should
now adapt a business survival strategy,
and their mission should be ‘Staying
Open for Business during a Reces-
sion’.

For more information about this

- article, contact: Mark A Turnquest at

e-mail: markturnquest@consul-
tant.com, Web Site: www.markturn-
questconsulting.com :

“Informative. I can be sure to read something of value in The Tribune. It is filled with





important to me. The Tribune is my newspaper.”

The Tribune

information about local news, sports, entertainment and world news — subjects that are

JASON RAHMING
CONSTRUCTION FOREMAN


THE TRIBUNE : MONDAY, APRIL 21, 2008, PAGE 7B

The Tribune

Nassau and Bahama Islands’ Leading Newspaper









\ IF you ve ry d yout thu i soit with the looks to match, THE TRIBUNE vanis |
‘you! Are you or your Mother, (or someone you know) always celebrated:as

looking at least ten years younger than you actually are? If so, THE TRIBUNE
wants to hear from, you. We're looking for timeless beauties - 50 and over ~for the
~~ launch Fabulous at Any Age promotion starting this Mother's Day.
‘There are three categories to enter:



e-mail application forms Sd. images to features @tribunemedia, net. Include the
following information in the e-mail or on the back of each photo: age, birth date,
address and phone numbers.
__ Photos will not be returned.
All entries must be received by May 2nd, enue: Good luck.

*SEE APPLICATION FORM BELOW

“Fabulous at Any Age” The Tribune & John f Bull

Name: - , Age: ! Date of birth:
Address: | Phone number - Day/Evening and Cell:

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want to follow your example for a healthy, active, beautiful, “ageless” life (100 words or less):


PAGE 8B, MONDAY, APRIL 21, 2008

THE TRIBUNE





KINGSWAY ACADEMY
Vacanies for Teachers for September 2008




Kingsway Academy is seeking applicants for teaching
positions in the following areas:

Teachers for Grades 2 through 6

Clothing Construction and Craft/Needlework
‘Music (Part-time or full-time)

Spanish

French

Home Economics/Art and Craft

Carpentry and Joinery

Chemistry ~

Physical Education/Health Science
Labratory Technician
Mathematics and /or Physics







High , School

qualified and

applicants should be










[ee LLNS © a a ee
Incorrect rates and non-payment woes hit Customs

FROM page 1B

lading were released without
any evidence to suggest duties
were collected.

“A number of office orders
authorised by management for
the release of goods.

“The absence of duty entries
is an indication that relevant
duties have not been collect-

ed. ”

The Auditor-General’s
report said all these issues had
been raised with the Customs
Department in previous audit
reports, suggesting that little
to no effort has been made to
remedy the deficiencies.

As a result, revenue. leakage
and the Government’s inabili-
ty to collect all funds due to it
has persisted, harming the

Bahamian taxpayer’s interests.
When it came to Customs’
operations in the Family
Islands, the Auditor-General’s
department carried out con-
tinuous audits in Grand
Bahama, Abaco and
Eleuthera, including surprise
inspections, with all other
islands audited from Nassau.

Once again, the findings
were that “incorrect rates of
duty were applied in many
instances”, “manifests were
outstanding at some ports of
entry”, and “goods were
released without payment of
duty at some Customs sub-
offices”.

Other weaknesses that came
to light were how the Customs
Department dealt with queries
and questions received over
the import duty rates it levied.

In fiscal year 2005-2006, some
679 queries involving $310,855
in duties were raised. Of these,
just 21 were resolved, netting
the Government an additional
$7,946 in revenue.

The Auditor-General’s
report said: “These queries
came about as a result of the
application of incorrect rates
of duty and stamp tax.

“Of concern is an extended
delay in replying to these
queries. Management should
seek to remedy this situation
without undue delay.”

The Customs Department
was also responsible for col-
lecting revenue generated by

ticket tax imposed on persons:

travelling on international air-
lines outside the Bahamas. For
the year, ticket tax collected
totaled $1.217 million, a 26.92

per cent or $448,116 decline

on the previous year’s $1.665
million.

In its audit, the Auditor-
General’s Department found
that passenger ticket tax pay-
ments received from different
airlines were not paid in a “sys-
tematic fashion”, and that pay-
ments were received at times
more than a year after they
were due.

For the fiscal year 2005-2006,
the Customs Department col-
lected $739.09 million in rev-
enues, an increase of 17.86 per
cent or $111.986 million upon
the previous Budget year total
of $627.104 million.

Some 66 per cent of the rev-
enues collected came in the
form of import duties, stamp
duty accounting for another 18
per cent.

willing to teach to the BGCSE, S.A.T.II, and AP level
with at least a Bachelor’s Degree, or equivalent, with
6 years experience at the High School level in the





particular subject area along with a. Teacher’s
Certificate. A Masters Degree in education, in teach-
ing and learning, or the content area, would be an asset.
All successful candidates should have the following:








An Academic Degree in the area of specialization
A Teaching Certificate

Excellent Communication Skills

A love for children and learning

High standards of morality

¢ Bea born again Christian










Letters of application together with a recent color
photograph and detailed Curriculum Vita (including the
names and addresses of at least three references, one being
the name of one’s church minister) should be forwarded to:






Ms. Kelcine Hamilton

Academy Affairs Manager

| Kingsway Academy Business office
Bernard Road

Nassau





Salaries would be commensurate with qualifications and

experience
Deadline for Applications is Friday May 2, 2008

NOTICE

IN THE MATTER OF CORSAIRE LIMITED





AND IN THE MATTER of THE
INTERNATIONAL BUSINESS COMPANIES
ACT Ch. 309 Statute Laws of The Bahamas,
2000 Edition

NOTICE IS HEREBY GIVEN that a petition for
the winding up of the above- named company
by the Supreme Court on the 27th day of
March, 2008, has been presented to the said
Court by Corsaire Limited, the petitioner.

And that the said petition is directed to be
heard before the court sitting at the Supreme
Court Building, Bank Lane, Nassau, Bahamas,
on the 7th day of May, 2008, and any creditor
or. contributory of the said company desirous
to support or oppose the making of an order
on the said petition may appear at the time of
hearing in person or by his attorney for that ©
purpose; and a copy of the petition will be
furnished by the undersigned to any creditor
or contributory of the said company requiring
such copy on payment of the regulated charge
for the same.

HIGGS & JOHNSON |
Chambers _
Ocean Centre, Montagu Foreshore
East Bay Street Nassau, Bahamas
Attorneys for the Petitioner

Note:- any person who intends to appear on
the hearing of the said petition must serve on
or send by post to the above-named, notice in
writing of his intention so to do. The notice must
state the name and address of the person, or,
if a firm, the name and address of the firm, and
must be signed by the person or firm, or his or
their attorney (if any), and must be served, or if
posted, must be sent by post in sufficient time
to reach the above-named not later than 4:00
o'clock in the afternoon of the 6th day of May,
2008.





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 of prfessionals and

is a motivated team-player.

Please send your resume with a salary expectation
to HR Management,
_ P.O. Box N-7755, Nassau, Bahamas.

TAYLOR .
INDUSTRIES LTD.

111 Shirley Street

Sa
PUTT aL (Lit
Thursday, April 24

Friday, April 25
Saturday, April 26

We regret any inconvenience this
will cause to our customers



ADMINISTRATION ASSISTANT

Main Responsibilities: _

The ideal candidate will be responsible for the companies
building maintenance, and serve as a management liaison for
the entire company.

Applicants will be responsible for:

¢ Assisting in the day-to-day opetations of the Company

* Following up on outstanding store matters

+ Assist with issues regarding the property and management
thereof

Requirements:

* Excellent verbal and written communication skills
. * Have the ability to mult task

* Excel appreciation of IT matters

* Basic supervisory skills

Remuneration:
We offer in return an excellent remuneration package,
inclusive of medical and life insurance.

Interested persons may forward a copy of their Résumé to:
The Human Resources Manager
Fax: (242) 322-6607

Email: hr@luxuryretaillimited.com

Do you have ta spend more than a few days in &
Nassau or Freeport and need somewhere to et a
Do you want to save money and not pay touriet
charges for a small cramped up hotel room?

Rent a tastefully furnished apartment in a nice
© arca for a week or more at a fraction or what it
for a similar hotel room

Check out Stop-N-Shop .
Hame-Away-From-Home Program

Contact bahamas. homeaway fromhome@gmail.com
| Or call the Stop-N-Shop Tele: 1(242) 394-4949

To view apartments wre bahamas’
and Click on Soonwee “ate Os Online Store”

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, NICOLA TAYLOR of Lynden
Pindling Estates District of the Island of New Providence one of
the Islands in the Commonwealth of The Bahamas the mother
of DACODA ARTHUR, intends to change his name to DACODA
TAYLOR. If there are any objections to this change of name by
Deed Poll, you may write such-objections to the Chief Passport }
Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty
(30) days after the date of the publication of this notice.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, SANDRA ANNE THOMPSON
of P.O. Box FH-14383, Nassau, Bahamas, intend to change
my name to ANNE SANDRA THOMPSON. If there are any
objections to this change of name by Deed Poll, you may write
such objections to the Chief Passport Officer, RO.Box N-742,
Nassau, Bahamas no later than thirty (80) days after the date of
the publication of this notice.

LIMITED

lipernes

acyiinics PAYABLE /
RECEIVABLE ASSOCIATE

Bahamas Supermarkets Limited operates a leading
supermarket chain in The Bahamas. As a market leader,
the Company prides itself on delivering premier service
through its City Market supermarkets, having a strong
commitment to its customers, associates and community.

An opportunity for an Accounts Payable / Receivable
Associate in New Providence to join this market leader
has arisen.

Reporting to the Accounts Payable/Receivable
Supervisor, the successful applicant will have previous
experience in accounts payable/receivable;

* Verify and pay vendor invoices, enter invoices
into the payable system
Research and respond to vendor inquiries
Prepare sales invoices and bill customers
Maintain collections of outstanding accounts
Must be prepared to be methodical and detailed
in ensuring compliance with company policies
Have a clean police record and good character
references
Associate Degree in business
administration/accounting or the equivalent in
experience or self-education
Have good communication (verbal and written)
and interpersonal skills
Solid functional computer skills with working
knowledge of Windows XP, word processing and
spreadsheet applications

If you have what it takes to succeed in this challenging role,
forward your resume and cover letter to:

Human Resources Director
Bahamas Supermarkets Limited
East-West Highway « P. O. Box N 3738 * Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com
No telephone nguinies please

Cit Market


THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 9B



Government will not ‘write off all
$410m in real property tax owed

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

THE Government will not
take the ‘blanket approach’ of
writing off the entire $410 mil-
lion it is owed in accrued real
property taxes, the minister of
state for finance conceding that
while a large percentage of that
amount will never be collected,
it will first determine who can
pay.

Zhivargo. Laing said the
Ministry of Finance will sys-



and application request to hu



BGCSE'’s Math and English Incl.



Incl.



precisely



Deadline April 25th 2008

Tropical Companies Ltd. needs new team members. If you are someone
who enjoys meeting new people, committed to making a difference iin
tourism, are goal orienitated and loves a eee Send your resume





Positions Avaliable

Cashiers/Sales Associate - Must have at least two years of sales
experience and one year cashing Must be computer literate and have 5

Entry Level Sales Associates - Must have 3 BGCSE Math and English

Stock Room Workers - Must be hard working. Drivers License is
recommended Must be computer literate and able to follow instructions

Maintenance Man - Must have knowledge in electrical, plumbing and
carpentry. Must have prior work experience as a handy man.

tematically examine the real
property tax arrears to deter-
mine how much, if any, the
Government will have to for-
give.

He said there was no ques-
tion that consideration would
have to be given to the collec-
tion of the outstanding funds,
and added that the Govern-
ment cannot take the blanket
view of writing it all off.

Mr Laing was responding to
comments made by his prede-
cessor, James Smith, who told
Tribune Business last week the
Government should write off














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Fully Loaded - Limited Edition
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Contact: 702-2015

7 Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) BESS INVESTMENTS LIMITED is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of satd Company commenced on April 18, 2008
’ when its Articles of Dissolution were submitted and registered by

the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

-(d) All persons having Claims against the above-named Company are
required on or before the.19th day of May, 2008 to send their names and
addresses and particulars of their debts or claims to the Liquidator of the
company or, in default thereof, they may be excluded from the benefit of
any distribution made before such debts are proved.

APRIL 21, 2008

LAKEISHA COLLIE

LIQUIDATOR OF THE ABOVE-NAMED COMPANY



Legal Notice

NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) REVENGE FUND LIMITED (SAC) is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on April 18, 2008
when its Articles of Dissolution were submitted and registered by

the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 19th day of May, 2008 to send their names and
addresses and particulars of their debts or claims to the Liquidator of the
company or, in default thereof, they may be excluded from the benefit of
any distribution made before such debts are proved.

APRIL 21, 2008

LAKEISHA COLLIE

LIQUIDATOR OF THE ABOVE-NAMED COMPANY

Gen



the almost $410 million that
the Auditor General says it is
owed in unpaid real property
taxes.

Mr Smith said: “I think that
we are fooling ourselves if we
continue to carry them in the

Government’s accounts. The .

best thing would be to write
them off.”

However, Mr Laing said the
Ministry of Finance would
have to carefully determine
just how much money should
be forgiven, although he
acknowledged: “It doesn’t
make sense to have arrears
remain on the government
books that cannot be repaid.”

While he admitted that some
of the funds will never be
recovered, he said that to just
write it off would send the
message to other persons.

“That would send the mes-
sage that the defendant gets
off scot free,” Mr Laing said,

adding that the Government

was determined to enhance
revenue.collection.

“We are now trying to
enhance our revenue collec-
tion, and one of the things that
we will be doing is training tax
officers whose only duty it will
be to collect what is owed the
Government.”

Mr Laing said particular
attention needed to be focused
on the Family Islands.

“Also, we need to focus on
making paying bills a more
convenient process, as that is
one of the problems in collect-
ing revenue,” he added.

For example, Mr Laing said
simple measures such as plac-
ing payment offices closer to
persons, and online facilities,
could encourage payments, as
could offering incentives such
as discounts for earlier pay-
ments. ‘

Healing Communicators Toastmasters Club 7178)

PROFESSIONAL
DEVELOPMENT
SEMINAR





eit

Supt. Walter Evans
PSs TC MUU Cla

IM Dwain Wallace

Be OCs eT CoLy

(BMA MM tebertisie Meted dats] aa 3

{Mottvating Your Staff & Communtcating Effectively)

DTM Keith. Major

{Halding Effective Business/Committee Meetings)

Registration is $100.00 per person
@ Continental Breakfast and Buffet Style lunch will be served
Contacts: Deidre Goodman: (242) 465-0569
Elaine Bullard: (242) 364-7752
Terrance Pratt: (242) 324-15ll

FMA protessionalseminar@hotmail.com

HOLY CROSS ANGLICAN
CHURCH

Soldier Road at Highbury Park, N.P.

Is seeking a suitable person
To assume the post of

PARISH ORGANIST

(Anglicans & Non-Anglicans will be considered)

Interested persons
may contact:

Rev'd Fr. Norman Lightbourne,

Rector
Holy Cross Anglican Church
P.O. Box SS-5808
Nassau, N.P,

393-2428
(Church office)

394 -2109

(Fax)

holycrossanglicanchurch@coralwave.com
(email)

Vacancy currently exists for

OPERATIONS MANAGER

| We are a leading retail organization with a strong and growing presence looking for a
| dynamic individual to join our team of professionals in a senior management position.

| General Duties

Ditect and co-ordinate Head Office functions in conjunction with Office Manager.
Provide hands-on operational support management to retail store locations

All property management and maintenance matters

Ability to manage budgets and implement cost containment procedures

Oversee other Management functions ;

Basic Requirements

* Minimum two (2} years experience in a similar position; is desirable

Willingness to wotk flesible hours

Ability to analyze and teact effectively to bring matters to completion

Strong Leadership, Administrative and Managerial skills

Excellent Written and Oral Communication skills

Computer Literacy in Microsoft Office suite,

Basic understanding of computer network systems.

pe s degree in Business Management or other related field would be an asset.

Benefits include a comprehensive medical and life package, Salary is commensurate with
qualifications and experience,

Interested persons may forward a copy of their resume, in confidence to:
Please submit your resume in confidence to:

The Human Resources Manager
P.O. Box N-623
Nassau, Bahamas
_ Fax: 322-6607. / 328-5902



2007
CLE/QUI/385

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT
Equity Side

IN THE MATTER OF the Quieting Titles Act
Chapter 393 Statute Law of the Commonwealth
,v~ Of The Bahamas... «05 ens macs cane care on

sey ye BE COR EME EUs by

IN THE MATTER OF ‘ALL THAT piece parcel or lot
of land situate at Palmetto Point on the Island of Eleuthera
one of the Islands of the Commonwealth of The Bahamas
being that lot bounded on the NORTH by land the
property of Eleuthera Land Company Limited and running
thereon One Hundred (100) feet on the EAST by land
in the Estate of the Late George Cooper and running
thereon One Hundred and Seven Feet and Four Hundredths
(107.04) on the SOUTH by land of Lina Ingraham also
known as Lima Ingraham and running thereon One
Hundred Feet and Eighty Hundredths (100.80) and on
the WEST by land of Collison Ingraham and running
thereon One Hundred and Four Feet and Fourty Four
Hundredths (104.44).
AND

IN THE MATTER of the Petition of WILBERT
D. THOMPSON

NOTICE OF PETITION

Take notice that by Amended Peat filed in the Supreme
Court of The Bahamas on the 27 day of November,
A.D., 2007 WILBERT D. THOMPSON of the settlement
of North Palmetto Point on the Island of Eleuthera one of
the Islands of the Commonwealth of The Bahamas
(hereinafter “the Petitioner”) claims to be the owner in
fee simple in possession of the above captioned piece
parcel or lot of land and has made application to the
Supreme Court of the Commonwealth of The Bahamas
under section 3 of The Quieting Titles Act 1959, to have
his title to the said piece parcel or lot of 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.

A plan of the said land may be inspected during normal
office hours in the following places:

1. The Registry of The Supreme Court, Ansbacher House,
East Street, Nassau, Bahamas.

2. The Chambers of Cedric L. Parker & Co. No. 9 Rusty
Bethel Drive, Nassau, Bahamas.

3. The Office of the Administrator, Governors Harbour,
Eleuthera.

Take notice that any person having dower or right of
dower or any adverse claim or a claim not recognized in
the Amended Petition must on or before the expiry of
Thirty (30) days following final publication of this notice
file in the Supreme Court and serve on the Petitioner and
the undersigned a Statement of his Claim in the prescribed
form, verified by an Affidavit to be filed therewith together
with a plan of the area claimed and an abstract of title to
the said area claimed by him. Failure of any such person
to file and serve a Statement of his Claim on or before the
Thirtieth (30) day following final publication of this notice
will operate as a bar to such claim.

CEDRIC L. PARKER & CO.
Chambers
Neil’s Court
No. 9 Rusty Bethel Drive,
Nassau, Bahamas
Attorneys for the Petitioner


PAGE 10B, MONDAY, APRIL 21, 2008

THE TRIBUNE



MMP Loree ee ae ee ee 2 a ae
Bahamas Waste investing $500k in recycling facility

FROM page 1B

the recycling facility, given that
it had received “some conces-
sions from the Government on
the equipment”, although it
might initially operate it
through the existing workforce.

“This is new for us, so it will

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.



be a bit of a learning curve for
us in sourcing the cardboard,
cleaning it, straightening it and
producing it,” Mr de Cardenas
told The Tribune.

Bahamas Waste has been
among the Bahamian busi-
nesses that have tried to take
the lead in developing alterna-
tive, renewable energy sources,
plus waste recycling methods
that benefit the environment.

To date, the company has
enjoyed some _ success,
although it still awaits final
government approval for a

$750,000 biodiesel plant it will.

develop in a 50/50 joint ven-
ture with Cape Systems, an
arm of the Cape Eleuthera
Institute, believing that 500,000
gallons of waste cooking oil
are generated every year on
New Providence alone.

Meanwhile, Mr de Cardenas
said Bahamas Waste’s joint
venture on the recycling of
green waste into mulch, com-
post and soil was “going amaz-
ingly well”.

The BISX-listed entity made
a $100,574 investment to take a
19 per cent stake in Green Sys-
tems, the recycling company,
which is based at the Airport
Industrial Park. While Green
Systems’ profits were relative-
ly flat during 2007, Bahamas

Waste’s share being just
$5,295, the potential it holds is
considerable, given that some
of the largest Bahamas-based
companies are already pur-
chasing its recycled products.

“We're actually taking pal-
lets of it from the landfill and
turning it into mulch,” Mr de
Cardenas told The Tribune.
“We’re taking green waste and
turning it into compost and
soil.

“We have some very large
customers that have commit-
ted to 100 per cent Bahamian
product. One of them is Kerzn-
er. They will not be importing
any more foreign mulch.”

Mr de Cardenas added that
the development of alterna-
tive, renewable energies and
environmentally-friendly waste
disposal and collection meth-
ods were “going to be pretty
important” to the Bahamas’
economic and social future.

“We have so many resources
that enable us to look at all
energies,” he added.

Despite Bahamas Waste’s
total sales revenues increasing
by 13.7 per cent to $7.911 mil-
lion during fiscal 2007, a rela-
tively limited amount found its
way to the company’s bottom
line, thanks largely to soaring
fuel-reiated costs.

¢



NOTICE

For the 12 months to
December 31, 2007, Bahamas
Waste’s cost of sales and direct
expenses rose by 16 per cent
to $5.064 million, compared to
$4.366 million the year before,
resulting in gross profits rising
only by 9.8 per cent to $2.847
million.

When a 14.2 per cent
increase in total operating
expenses to $1.881 million was
factored in, compared to
$1.647 million the year before,
Bahamas Waste saw operating
income rise by only 2.1 per
cent to $865,602, with net
income up by 2.9 per cent at
$1.051 million. Net profits as
a percentage of sales were
down 3 per cent.

“We’ve had a tremendous
increase in our operations
costs,” Mr de Cardenas told
The Tribune.

“Our fuel prices are over $5
a gallon. I believe, if I’m not
mistaken, that when I started
here in 1998, prices were about
$1.30 a gallon. You're talking
about an almost four-fold
increase in the price of fuel.
The price of fuel has increased
300 per cent, and my maximum
rate increase in that time is 10-
15 per cent.”

While Bahamas Waste’s
2007 performance was good,

NOTICE is hereby given that JOALEME H. LAFRANCE

of BELLOT ROAD OF FAITH AVE., BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen

given the circumstances, the
company had been looking for-
ward to an even better year.
That did not materialize,
though, due to the fact that
major foreign direct invest-
ment projects — particularly
Baha Mar and Albany - did
not materialize by. the expected
start date. This created a
“void” after construction work
finished on Kerzner Interna-
tional’s Phase III expansion.

Analysts consider the con-
struction component of these
projects to be Bahamas
Waste’s ‘bread and butter’.
The company not only obtains
contracts to collect and dispose
of waste, but also provides
portable toilets for the con-
struction workers’ use. Long-
term, it also bids on the
garbage collection contracts
for the completed projects.

“We had a wonderful year
all things considered,” Mr de
Cardenas said of 2007. “We
actually thought the projects
would have started in the last
quarter, October, November.
We thought we would have
been involved, with Albany,
Baha Mar. We were looking
for a banner year, all things
considered.”

Bahamas Waste has also
been continually frustrated in
its efforts to move into
Freeport, Mr de Cardenas
questioning how a Bahamian
public company was not
allowed to operate in this

nation’s second city. If it did, it.

would be in direct competition
with Sanitation Services, a

company in which the Grand
Bahama Port Authority’s
(GBPA) principals, the Hay-
ward and St George families,
have an interest.

Nor has the company heard
any news on the residential
garbage collection contract
that the Government put out
to tender in October, although
it believes it is the lowest bid-
der.

On the Abaco front,
Bahamas Waste has sent
another truck over to the
island to begin rear-load col-
lection services, targeting small:
commercial and business
accounts chiefly in the Marsh -
Harbour area.

Writing in Bahamas Waste’s
annual report, its chairman
Peter Andrews said: “Soaring
costs of fuel affect every aspect
of our business from increased
freight, increased running
costs, tyres, steel and the cost
of the office operation.

“This coupled. with a rash of
small competition who stay in
business by undercutting
prices, as they have no over-
heads, keeps us on our toes to
offer superior reliable service
while maintaining reasonable
margins.”

Sales for 2008 were expected
to increase, Mr Andrews said,
while Bahamas Waste had
acquired four acres of land for
additional expansion at its
Gladstone Road headquarters.
This site will house the
biodiesel facility, when
approved, and the recycling
plant.

We have a vacancy for an
experienced Sushi Chef.

Please leave resumes at Indigo on Cable Beach
#1 Skyline Drive
P.O.Box AP 59108
Nassau, The Bahamas
Tel: (242)-327-2524
Fax:(242) 327-2535" :



Legal Notice

NOTICE

BAMBARI CENTRAL S.A. |

— 4,

Notice is hereby given that in accordance with Section |

138 (8) of the International Business Companies Act 2000,
the dissolution of BAMBARI CENTRAL S.A. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off, the Register.





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 14th day
of April 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that VALDOR CHARLES of
BLUFF, ELEUTHERA, 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 14th day of
| April 2008-.to.the Minister responsible for. Nationality

and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

Legal Notice
NOTICE

SURFIN LTD.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, SURFIN LTD. is in.dissolution as of April 17,
2008.

Michael Hartman of 1211 Avenue of the Americas, 6th
Floor, New York, NY 10036 is the Liquidator.

Legal Notice

NOTICE

GLOBAL WEALTH
HOLDINGS INC.

(In Voluntary Liquidation)

Notice is heteby given that the above-named
Company is in dissolution, which commenced on
the 17th day of April 2008. The Liquidator is Argosa

Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

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.

ARGOSA CORP. INC.

(Liquidator) 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

LIQUIDATOR

FG CAPITAL

BROKERAGE & ADVISORY SERVICES
Interested persons should submit
offers in writing addressed to:

The Manager, Credit Risk Management - Collection
Unit, P.O. Box N-7518, Nassau, Bahamas

S52wk-Low Previous Close Today's Close
Abaco Markets 1.94 1.94 0.00
Bahamas Property Fund 11.80 11.80 0.00

Bank of Bahamas 9.61 9.61 0.00

Serious enquiries only

Benchmark 0.99 0.99 0.00
Bahamas Waste 3.66 3.50 -0.16
Fidelity Bank 2.60 2.39 -0.21
Cable Bahamas - 13.70 13.70 0.00
Colina Holdings 2.87 2.87 0.00
Commonwealth Bank (S1) 7.22 7:20 -0.02
Consolidated Water BDRs 4.86 4.97 0.11
Doctor's Hospital 2.66 2.89 0.23
Famguard i 7.92 7.92 0.00
Finco 12.92 12.92 0.00
FirstCaribbean 13.24 13.24 0.00
Focol (S) 5.05 5.05 0.00
Freeport Concrete 0.61 0.61 0.00
ICD Utilities 6.86 6.86 - 0.00
J. S. Johnson 12.30 12.30 0.00
3 Fidelity Over-The-Counter Securities :
Bid $ Ask $ Last Price
Bahamas Supermarkets 14.60 15.60 14.60
Caribbean Crossings (Pref) 6.00 6.25 6.00
i 0.35. 0.40 0.35 m a : A
. Colina Over-The-Counter Securities : 5 eee
41.00 43.00 41.00
14.60 15.60 14.00
OBS occrrrrpsrrg nese PD 0.45
BISX Listed Mutual Funds
Last 12 Months
5.61%
13.11%
3.87%
17.78%
5.72%



Legal Notice

NOTICE

WEIRTON CORP.

Weekly Vol.

ak Bites

Bahamas Supermarkets Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of WEIRTON CORP. has been com-

pleted; a Certificate of Dissolution has been issued and

NAV
1.308126°""*
2.996573°"°"*"
1.387505°**
3.7011°*°*
12.1010°"
100.00°*
100.00**

YTD%
1.25%
-0.14%
0.90%
-2.52%
1.40%

Fund Name
Colina Bond Fund
Colina MSI Preferred Fund
1.2647 Colina Money Market Fund
3.1827 Fidelity Bahamas G & | Fund
11.4992 Fidelity Prime Income Fund
100.0000 CFAL Global Bond Fund
100.0000 CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.00°*
Fidelity Int rational Investment Fund 9.6346" :
4 — Market Terms

S2wk-Low
1.2443
2.6629

the Company has therefore been struck off the Register.

-8.:24% -8.24% .

Sk LEER ITE
YIELD - last 12 month dividends divided by closing price * - 29 February 2008
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 $ - A company’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

1,000.00
5S2wk-Hi - Highest closing price in last 52 weeks
5S2wk-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 daily volume
Change - Change in closing price from day to day
Daily 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
'S) - 4-for-1 Stock Split - Effective Date 8/8/2007
31) - 3-for-1 Stock Split - Effective Date 7/11/2007
a

** - 31 December 2007
*** - 41 April 2008
eee" - 31 March 2008

ARGOSA CORP. INC.
(Liquidator)


THE TRIBUNE

MONDAY, APRIL 21, 2008, PAGE 11B



©

Oil import costs double to $108m

‘ @ By NEIL HARTNELL
Tribune Business Editor

“STEADY gains” in consumer
spending continued to prop up the
- Bahamian economy during February,
‘the Central Bank of the Bahamas
‘reported, although how long this will
- continue is open to question with the

bank itself merely confirming that this
nation’s 2008 first half economic
‘growth was “likely to be relatively
‘mild”.

Signs of a slowdown in spending by

. Bahamian consumers are already in

‘place, the Central Bank noting that
‘for the first two months of 2008,
growth in consumer credit declined
by 26.8 per cent to $13 million in com-
‘parison to 2007 figures.

‘ This overshadowed a 7.8 per cent
‘increase in mortgage growth to $39.5

Consumer spending props up economy, but for how long?

million for the January-February peri-
od, and could also be a sign that com-
mercial banks are switching their loan
portfolios to mortgages — which offer
greater physical security — from the
riskier consumer loans.

Total private sector credit growth
increased by $41.2 million during the
first two months of 2008, although
this was $11 million below 2007's fig-
ure.

February alone also produced signs
of faltering Bahamian business confi-
dence and investment, with the 15.4
per cent decline in private sector cred-
it growth entirely attributed to an $8.3
million decline in commercial loans.

Consumer and mortgage credit
growth remained stable.

Update

In its update on the Bahamas’ eco-

nomic outlook, the Central Bank con-

firmed that activity had softened with
the weakening in foreign direct invest-
ment, and said further concerns were
sparked by the increase in global oil
prices.

This, the Central Bank added, was
continuing “to trigger broad based
hikes in domestic price levels”, erod-
ing Bahamians’ standard of living
through inflation and an increased

cost of living. The effects are already
being felt in countless household bud-
gets in the form of increased energy

. and food bills.

Consumer price inflation for the 12
months to February 2008 increased
to 2.4 per cent, compared to 2.1 per
cent the year before, the main increas-
es coming in furniture and household
operations, 6.1 per cent; food and bev-
erages, 3.7 per cent; medical care and
health, 3.3 per cent: and transport, and
communications, 3.3 per cent.

‘However, the Central Bank

“remains cautiously positive” on the’
outlook for banking sector liquidity »

and the external reserves, pinning its

hopes on the prospects for some
major mixed-use resort projects to
get underway in the 2008 second half.

Foreign exchange required for the
purchase of oil imports “more than
doubled” to $107.5 million for the
first two months in 2008, a major fac-
tor in keeping the growth in external

.Teserves over the period to just $33

million, compared to $103.7 million
the year before.

In the banking system, the increas-
es in both excess reserves and excess

liquid assets were lower by $15.3 mil-
‘lion and $21.8 million respectively,

standing at $60.6 million and $52.9
million. —

Fashion week attendance may exceed predictions by five-fold

FROM page 1B

beyond what I anticipated. I
was just looking at 200-300,
maximum, and most of that I
was looking at coming from
the Bahamas. We’ll see
whether the result proves that
correct.”

Mr Bethel told The Tribune
that if the attendance predic-
tions proved accurate, the eco-
nomic impact from Nassau
hosting the event “moving for-
ward will be a significant one”.

He added that if Islands of

the World attracted 1,000 per-
sons for that four-day period,

where the fashion show com-:

ponent would be hosted, was
looking at receiving between
$500-$600 in room revenues
per person, regardless of their
personal spending.

If the fashion week visitors
remain true to Ministry of
Tourism data that stopover vis-

between $1,000 to $1,100 ona
Bahamian visit, then it is pos-
sible that the event’s econom-
ic impact may run into
between $1 million to $2 mil-
lion. That is not a number to
be sneezed at, given the pes-
simistic outlook many in the
Bahamian hoiel industry have
for the sector in 2008.

“Tf we are feeling the effects
of the recession, and the
tourism industry is bracing
itself. for that, events like this
will be a boon,” Mr Bethel told
The Tribune.

The newly-projected atten-
dance, though, may give Mr
Bethel.a nice problem to have,

Hilton’s ballroom — where the
main fashion shows will be
held — can only seat between
500-600 maximum once the
catwalk runway is placed in
there. The opening and clos-
ing ceremonies will be held at
Atlantis.

Among those likely to
attend the Islands of the World

tale r0 ee

the British Colonial Hilton, ’

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i ORK HAC KFI

Wc iS
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ONE NETWO

itors spend an average of

a
iS C

given that the British Colonial

.Fashion Week, which is being

held from November 5-8, are
fashion industry buyers and
entrepreneurs, plus dedicated
fashion followers who move
from show to show through-
out the year.

Mr Bethel told The Tribune
his plans were “certainly to put
it [Islands of the World] on as
a regular event to provide the
international showcase for up
and coming designers, and to
give them the ability to manu-
facture their lines of clothing
and have it purchased by buy-
ers and major merchants out-
side their countries.

’“One proposal has come to
move the show around to dif-
ferent islands around the
world, so that it’s not just
shown in the Bahamas. I’m:
i certainly trying to fight that
., one.’

Islands of the World will
seek to showcase both garment
designs and accessories, Mr
Bethel added, with the event
having received “a great
response on both”. A Screen-
ing Committee has been
tasked with sorting through all
applications to select the
designers who will display their
wares, with “a fairly good rep-
resentation from the
Bahamas” expected.

The fashion show had
already received about 30
expressions of interest from
designers in nations such as
Fiji; Indonesia, Madagascar,
Grenada, Jamaica, Trinidad,
Bermuda, Barbados and St
Croix. That number is likely
to ‘be whittled down to
between 15-20.

Mr Bethel said Islands of the
World should give the
Bahamas a “significant” mar-
keting and publicity boost.
Advertising showing the event
was happening in the Bahamas
had already begun, and orga-
nizers will meet with the Min-
istry of Tourism this Friday to
obtain further marketing sup-
port.

Mr Bethel said the show’s
impact would probably be sim-
ilar to that made by the
Bahamas International Film
Festival, given that it would
again place this nation “as the

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litel® Graphies Media Accelerator X8106
15.4" WXGA (Glassy) Widescreen
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Blustaath

integrated Carrera

centre of a showcase”.

One of the goals behind
Islands of the World is to try
and stimulate the revival of the
Bahamian fashion and gar-
ment design/production indus-
try. Mr Bethel pointed out that
while government tax incen-
tives had encouraged the
development of cottage textile
manufacturing industries, espe-
cially seamstresses, none had
“gone on” to develop their
skills further and expand into
design.

He added that he was work-
ing with the Bahamas Techni-
cal and Vocational Institute
(BTVI) to get its fashion stu-
dents involved in Islands of the
World.

ela

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PAGE 12, MONDAY, APRIL 21, 2008

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« Chamber of
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and Min
o Liang:

THE TRIBUNE







FINANCIAL SERVICES, INC. — A> imei
A Subsidiary of Bank of The Bahamas Limited — Te fae

“Bank of The Bahamas Board of Directors, Mrs. Ruth Miller and
Mr. Hartis Pinder, exit the Bahamasair Charter to celebrate the
opening of BOB, Financial Services, Inc.



Mrs. Zsa Zsa Laing cuts the ribbon to BOB, Financial Services, Inc. as

Minister Laing and Mr. and Mrs. McWeeney look on.



BOB, Financial Services, Inc. brings Junkanoo
to Miami.

Ci

201 Alhambra Circle, Suite 104 Match te jneoee and
| : 4° oyle Ro “Pt. of BOBI. L-R:
Coral Gables, Florida 33134 — y2’7Rol

Laurie Maj
yor, Sen
Mgr. Tameka Forbes, Dania a

T el : 3 0 5) Ad 6- 6 1 6 5 Ferguson and aa Darville.