Citation
The Tribune

Material Information

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

Subjects

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

Notes

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

Record Information

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

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Full Text


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=" The Tribune



USA TODA

BAHAMAS EDITION









Volume: 104.No.131

MONDAY, APRIL 28, 2008 PRICE — 75¢

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ate Gta (te
PLT rut
SEE SPORT SECTION

Let’s 7 Frank:
Does he have
what it takes?

SEE INSIGHT SECTION







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

A DAYLIGHT armed rob-
bery at a popular Palmdale
eatery left a father-of-six dead,
customers visibly shaken and
a dangerous gunman on the
loose. ;

Police are also investigating
the murder of 22-year-old
_ Theron Armbrister of Kemp
Road.

What began as a routine Sat-
urday lunch rush for Subway
restaurant on Madeira Street
ended in tragedy, leaving 63-

Claim that government has not
adequately addressed rising cost
of living, increasing fuel price

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

THE rising cost of living, rapidly increasing fuel and energy
costs, compounded with high food prices are just some of the
issues the government has not adequately addressed while in its first
12 months in office, political insiders said yesterday.

The government was also criticised for cancelling policies left in
place by the former administration without implementing viable
policies of their own as the nation faces an economic slowdown.

In defence of his party, FNM chairman Johnley Ferguson admit-
ted the government “has barely scratched the surface” but was
adamant that areas of education, health care, local government and

SEE page 14

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Man shot dead in
flaylight robbery

Father-of-six killed,
gunman on the loose

Maruti itis
UU Uo
crack house

lm By MEGAN REYNOLDS
Tribune Staff Reporter



their area and make it a safe
place to live.

Drug addicts fuelling up on
cocaine frequent the house off
Mount Royal Avenue in Cen-
treville day and night.

Residents complain they have
not had a full night’s sleep since
the drug addicts began flocking
to the dilapidated houses sur-
rounded by overgrown yards
filled with garbage and aban-
doned cars.

A 62-year-old grandmother,
who lives in the street, will not

TERRIFIED neighbours of
a Nassau crack house are calling
on police to flush out crime in

All Saints Camp residents marry

year-old taxi-driver Hubert
Winters dead.

Police said around 2pm, a
man wearing sunglasses and a
cap burst into the restaurant,
pulled out a sub-machine gun
and demanded money from cus-
tomers and employees.

An off-duty police officer was
having lunch when the gunman

-entered and tried to disarm the

gunman. The assailant report-
edly threatened to kill the offi-

let her children play outside to
protect them from drug addicts
who frequent the area.

She said: “I call the police
every day to report drug dealing
in this corner, and I’m scared
for the children because you
don’t know who they is, child
molesters, rapists, stuff like that,
so I have to-keep the children
locked up inside the house.”

SEE page 15

cer and a scuffle between the
two ensued.
In a tragic turn of events, the

SEE page 15





Judicial system
‘failed in their
due diligence’
with Nottage
appointment
THE Bahamian judicial sys-

tem “failed in their due dili-
gence” when they chose con-

Felipé Major/Tribune staff





ANTHONY HARRIS kisses his new bride, Stephanie Stevenson-Harris, on Saturday at the Church of St John
the Divine at the All Saints Camp.






















@ By TANEKA THOMPSON ed to marry her. After she had my first child I troversial lawyer Rubie Nottage
Tribune Staff Reporter felt like a man,” said Mr Harris after the cere- as a Supreme Court justice,
tthompson@tribunemedia.net mony. members of the Bahamas Bar

Association argued yesterday.

In a letter to The Tribune in
light of the fact that Mrs Not-
tage is expected to be sworn in
by the end of this month, con-
cerned members pointed out
that when Justice Anita Allen,
who they described as one of
the hardest working judges op
the bench, was recommended
for appointment as a Supreme
Court Justice, many people
objected because she was mar-
ried to a then member of Cabi-

He has lived with his disease for 28 years
EIGHTY guests attended the wedding of after being diagnosed in 1980 and credits his
two HIV positive residents of the All Saints “healthy” life to good diet, positive thinking
Camp of St John the Divine who, along with and his faith in God.
their healthy one year-old daughter, celebrat- He extended words of inspiration to others
ed their love over the weekend. living with HIV/AIDS who feel they have been
» Anthony Harris, 46, and his bride Stephanie handed a death sentence: “I want people out
Stevenson-Harris, 30, met and fellin love atthe there who are suffering from this disease to
Carmichael Road compound three years ago _ know their life is not over. What causes their
and their love affair spawned the birth of an bodies to break down (quickly) is worrying
HIV-negative daughter. about their body and denial of the disease.
Affectionately called Tony, the groom told “By them denying it, their minds go in the
The Tribune he proposed to his wife after she gutter and they start to fret. When I found out,
















Combo Pack gave birth to the couple's first child. SEE p: 15
“After she had (our) baby I told her I want- page Papen
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PAGE 2, MONDAY, APRIL 28, 2008

THE TRIBUNE



i aa ee ee ee
KANDI Motorists risk lives

by driving blindly
into dense smoke

@ In brief



Haitian radio:
President
nominates
banking official
to be next PM

@ PORT-AU-PRINCE,
Haiti

Haitian radio is reporting
that President Rene Preval
has picked an international
banking official to be the trou-
bled country’s next prime min-
ister, according to the Associ-
ated Press.

Radio Metropole says that

Inter-American Development .

Bank senior official Ericq
Pierre will succeed ousted
Prime Minister Jacques
Edouard Alexis..

Sunday’s appointment of
Pierre as the country’s No. 2
politician must be approved
by Haiti’s Parliament. It was
not immediately known when
lawmakers would take up the
nomination.

At least seven people died
earlier this month during riots
over food shortages that cost
Alexis his job. Haitian law-
makers fired the prime min-
ister for failing to boost food
production.





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a ot

GONE TO Wyss Dense smoke from a Car pours across the

FIREFIGHTERS averted a
potentially hazardous situation
on Saturday after being called
to control a major car fire in
front of Esso Gas Station on
Wulff Road.

The incident occurred around
5.15pm.

When The Tribune arrived
on the scene, there were no offi-
cers in sight.

A reporter had to go inside
Wulff Road Police Station to
alert officers that motorists were
risking their lives by driving
blindly into the smoke and
direct path of oncoming vehi-
cles.

Officers said they-were aware
of a Camry on fire and had
already contacted tie fire

department, but it wasn’t until a

policeman followed The Tri-
bune outside that they realised
how severe the situation had
become.

That’s when a male officer

' sprang into action and began
diverting traffic and ordering
bystanders away from the
immediate area.

In less than a minute, fire-
fighters were on the scene bat-
tling the blaze.

However, they soon found
themselves battling their hose,
which broke free from their
grasp and began swinging about
on the ground.

Meanwhile, the driver of the
vehicle watched helplessly as it









alerts police
to severity of
car blaze

PTR UI CeMnC Recaro

took less than three minutes for
his white Camry to transform
into nothing more than a black-
ened car carcass.

“Tt was just smoking and then
I saw the flames,” said the dri-
ver between making phone
calls.

“I tried to contain it but I
couldn’t so I began takings
things out.

“I got everything except for
my tools out.

“Being an electrician, it’s a
loss I'll have to deal with.”



THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 3



In brief

Caribbean to
tackle pests,
diseases that
threaten palm
trees and
other plants

B GEORGETOWN,
Guyana

CARIBBEAN leaders
are calling for tighter
import restrictions and
inspections to protect the
region’s palm trees and
other vegetation from
increasing pests and dis-
eases, according to Associ-
ated Press.

The Caricom trade bloc
says red palm mites, giant
African snails and other
afflictions are killing hun-
dreds of palms and other
plants in the Caribbean.

The group issued a state-
ment Saturday saying it
will make saving palm
trees a priority because
coconuts and their deriva-
tives are essential to local
economies. Delegates met
in Guyana on Friday to
explore protective mea-
sures.

Agriculture ministers
from across the Caribbean
are expected to review the
proposals in July in
Antigua.

JAMAICA: -
Police search
for mother of
three children
who died in fire.

@ KINGSTON, Jamaica

eecccccccacsccceccccsee:

POLICE in Jamaica are
searching for the mother
of three children who they

ay died in a fire after
being left home alone, i
according to ‘Associated i
Press. i
' Officer Devon Williams
says the unidentified
woman will be charged
with negligence in the
deaths of her children, :
ages 1, 4 and 5. The fire :
occurred Friday afternoon
in a crowded tenement
near west Kingston.

Former Prime Minister
Portia Simpson Miller vis-
ited the site and urged par-
ents nottoleave children:
unsupervised. At least two}
other children died this
year in fires under similar
circumstances, Williams
said Saturday. i

It is unclear how Fri- :
day’s fire started.

Dominican
Republic to build —
coal power plant ©
with help from
South Korea

fm. SAN JUAN,
Puerto Rico

The Dominican
Republic has signed a
multimillion-dollar
agreement with a South
Korean energy compa-
ny to build a coal power
plant in the country’s
southern region,
according to Associated
Press.

Radhames Segura,
vice president of the
state-owned electric
company, says the
US$500 million i
(euro321 million) plant
will replace four aging
units that run on fuel
oil. The 240,000-kilo-
watt plant is expected
to start operating in
2011, Segura said ina
statement Friday.

The contract was
signed with Korea Elec-
tric Power Corp., a
renewable energy com-

pany.

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AN EXCESS of executive
managers at the Water and
Sewerage Corporation who
have been engaging in “fac-
tional warfare” over the past
eight years has contributed to
the organisation’s poor per-
formance, the corporation’s
management union said yes-
terday.

A case has been initiated
against the corporation for
unilateral variation of the
industrial agreement. The case
is presently before the Indus-
trial Tribunal.

“It represents further evi-
dence of the lack of respect
for the industrial agreement
by those who claim to lead the
organisation,” the union said.

The WSMU also claimed

that, under the previous.

administration, the corpora-
tion used illegal hiring meth-
ods outside of its polices and
the industrial agreement.
“The WSMU is asking for
fair and equitable treatment
for its members. Justice

Keeping date



LOCAL NEWS

The Water and Sewerage
management union hits out at
‘excess of executive managers’

Claim that ‘factional warfare’
has contributed to the
organisation’s ‘poor performance’

delayed is justice denied,” it
said.

The union:said that WSC
had over 400 employees and
12 executive managers, far too
many for a company of that
size.

“The executives are not
working together. Over the
past several years, there has
been a high level of political
interference in the daily oper-
ation of the organisation.

“Middle mangers are gen-
erally not treated as part of
the management team and
decisions are frequently made
and instructions given directly
to subordinates without con-
sultation, often with negative
results. While executives may
claim that managers are
empowered their actions
undermine their authority,”

ay,to to Satu

ile

duhiie iY

atu red

i Bi eat ne

beat in Isle of Wight

the union said.

In addition, the WSMU said
that there have been no man-
agement meetings since
August, 2006.

“Tt is a customary practice in
modern progressive organisa-
tions to hold regularly sched-
uled meetings with managers
to ensure the focus and direc-
tion of the organisation and
constantly review the level of
progress in attaining goals and
meeting objectives.

“Unfortunately, this is not
current practice at the Water
and Sewerage Corporation,”
the union said.

Despite improvements in
several areas, members of the
public, according to the union,
ask when they can expect to
receive a constant quality lev-
el of service from the WSC.

RYDE, ISLE OF WIGHT,
ENGLAND — Junkanoo per-
formers lead a ‘rush’ dur-
ing the launch of the Carni-
val Learning Centre, on
April 25, 2008. The Centre,
which is in Ryde, Isle of
Wight, is the United King-
dom's first dedicated Car-
nival and Celebratory Arts

i Learning Centre and a team
of Junkanoo artisans and
performers are the first
cultural group to undertake
a residency programme
and perform there.

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PAGE 4, MONDAY, APRIL 28, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt; OBE) KM, BCS.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, RO. 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

Impose discipline before it’s too late

APPALLING performance levels in
Bahamian schools can be at least partly
explained by extra-curricular activities
going.on behind teachers’ backs.

The internet ‘is now awash with images
from Nassau campuses that do this country
little credit, and point to an alarming
decline in behavioural standards among
our young.

Student “catfight” videos are bad

enough, especially when viewed by tens of

thousands of internet voyeurs all over the
world, but some Nassau classrooms have
also provided settings for explicit sexual
activity among young teens that must make
parents deeply anxious, especially as it is
now on display via the worldwide web.

Last week brought several disturbing
revelations about on-campus orgies, with
one teacher claiming that even primary
school children are engaging in sexual
“experimentation”, for want of a better
word, on school premises.

Quite apart from the moral implications
of this kind of activity, it is disturbing to
think that children who are in school to
learn are being diverted from their studies
by what is apparently becoming an inter-
national craze.

Staging fights, organising orgies, and then
videoing them for posting on the internet
are now becoming “trendy” and “cool” in-
school activities for the young.

While teachers are otherwise engaged,
youngsters involved in these distasteful
antics see themselves as earning kudos for
their schools in a global on-line arena
where spectators.are some of the saddest
and most perverted people on the planet.

What parents themselves must be won-
dering is how this kind of behaviour can go
on in schools while staff are on the premis-
es.

What level of supervision is being offered
during the crucial lunch and break peri-
ods when ¢hildren are most likely to run
riot?

One teacher from a Nassau private

school - not one of the leading three or .

four, incidentally - has expressed disquiet
over the complete absence of pupil super-
vision when classes are not in progress.
“The children are just let loose to do
their own thing in classrooms that ought to

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be kept locked when classes are not in ses-
sion,” she told The Tribune. “It seems no-
one cares what they do until the school
bell rings for classes to resume.”

Sexual experimentation is, of course,
nothing new among pubescent students.
The bicycle sheds have traditionally pro-
vided cover for all kinds of canoodling in
secondary schools all over the world for
generations.

The difference today is that children are
maturing earlier in a physical sense, and are
also undoubtedly exposed to influences via
television and computers that were
unheard of in times past.

The sex and drug based pop and hip hop
cultures have loosened up behaviour to a

‘point where most teens are now unable to

differentiate between right and wrong, not
to mention what’s healthy and what’s not.

Worse still, they are engaging in visually
recorded activities involving sex and vio-
lence that will prove acutely embarrass-
ing, and possibly damaging, for them in
the years ahead.

Any girl filmed on the internet in an
explicit consensual orgy with six or more
males will have trouble convincing future
employers that she is the kind of person
they want on their staffs.

It is to be hoped the males would face
similar difficulties.

For The Bahamas, sex and violence on
campus have even worse ramifications than
elsewhere, mainly because of the truly
abysmal academic standards reported in
our schools.

Recent revelations that more than 80
per cent of state school students are “math-
ematically illiterate” when they come to
take BGCSEs point to a severe breakdown
in the educational system.

The fact that more than 50 per cent of
students across the board - that’s after fac-
toring in private schools - are equally dys-
functional in one of the key subjects of the
curriculum is equally discouraging.

Perhaps the.explanations for such failure
can be found in the various extra-curricular
preoccupations and diversions of the stu-
dents themselves.:

Teachers and parents eed to work in
tandem to impose discipline before it’s too
late.





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PRE-OWNED

Gays must
end silence
over murders

EDITOR, The Tribune.

Thank you for allowing me
space in yolir newspaper for
the following appeal. Like
many Bahamians I am
appalled by the continually
rising rate of violent crime and
murder in our country. Like
many other Bahamians I
believe that our nation has
come to a crossroads and if
we, the Bahamian people, are
not to turn utterly and hope-
lessly down the perilous trail
to even more violence, mur-
der, atrocity and, ultimately,
ruin, then every Bahamian
must lend himself and herself
to choosing the better, road.
Every Bahamian must make
positive choices about his or
her own life and find ways to
assist other Bahamians, par-
ticularly our adolescent and
young adults, to make posi-
tive choices too.

This brings me to my
appeal.

Four months have passed
since the shocking murders of
Harl Taylor and Thaddeus
MacDonald.

And while gossip and innu-
endo has been rife concern-
ing these two crimes and pri-
vate lives of the two murder
victims, very little if any
progress has been made in the
investigations.

Recently, Bishop Simeon
Hall, former head of the
Bahamas Christian Council
publicly raised the question of
progress in these investiga-



DEAMPD eS

letters@tribunemedia.net




tions. Bishop Hall is hardly
alone in his call for justice,
various human rights, reli-
gious, civic and victims rights
groups have all in one way or
another called for progress in
police investigations, criminal
court proceedings and relief
from crime and the fear of vio-
lent crime in our nation. And
yet, on this issue, the one com-
munity of people most affect-
ed by these two murders and
the way these two murders are
handled by the police and the
press have been strangely
silent.

Gay and lesbian Bahami-
ans, like me, have maintained
silence on the issue of these
murders and on the contro-
versy stirred up by the head-
lines in its aftermath.

Why aren’t we appealing for
justice, why aren’t we asking
for fair and respectful treat-
ment of the deceased and
their loved ones in the media
and print? Our silence only
fosters even more gossip and
rumours; does the GLBT
community have something to
hide with respect to these
crimes? Our silence also gives
some in our community a
license to vilify the GLBT
community in general and Mr.
Taylor and Mr. MacDonald
in particular by suggesting that

because they may not have
been heterosexual they some-
how deserved their cruel fate.

In the face of all this gay,
lesbian, bi-sexual and trans-
gender Bahamians (Bahami-
ans just like me) have main-
tained almost perfect silence.
I know why we have been
silent. We’ve been afraid to
“OUT” ourselves. We’ve been
afraid to risk damage to
careers, reputations, families.
We’ve been afraid of the
vibrant culture of homopho-
bia that saturates our houses
of worship, our schools and
workplaces, our homes and
communities. We’ve been
afraid.

I’m just not sure fear is an
adequate justification for
silence in the face of what has
happened, and what contin-
ues to happen everyday with
respect to violent crime in our
nation. So I appeal to all
Bahamians, and I appeal to
gay, lesbian, bi-sexual and
transgender Bahamians par-
ticularly, stand up for and take
up the cause of justice. Pub-
licly call for progress in the
case of Harl Taylor, Thaddeus
MacDonald and every other
open investigation of violent
crime in our Bahamaland. Let
GLBT voices join the grow-
ing chorus for peace and jus-
tice in our nation.

ANONYMOUS
A Gay Bahamian
Nassau,

April, 2008.

Name and shame members of House
of Assembly who misbehave badly

EDITOR, The Tribune.

DR Simeon Hall’s com-
ments in your newspaper of
April 20th, you printed an arti-
cle where Dr Simeon Hall sug-
gests that the TV Channel
which airs the debates in the
House of Assembly be
removed because of the
unruly and raucous behaviour
of the members.

He says that it is bad for
democracy and gives the
young people the wrong
impression when they see how
badly their adults and peers
behave.

I totally agree with him but
disagree with the solution.

I think that every commu-
nity leader both in the church



and outside should speak out
about the appalling behaviour
of the Members of the House
of Assembly.

Of course this is nothing
new but those who behave
badly should be named and
shamed by the community.
They show a total lack of
respect for the people of the
Bahamas and seem to expect
the people to respect them.
How can they expect to have
any respect when they shout
and bang their desks like
undisciplined first graders.
What could be more impor-
tant than running the country
and making life more pleas-
ant for those who live here.

We read in the papers
recently that many govern-
ment departments and min-
istries cannot run their
finances.

The people’s hard earned
money disappears by the mil-
lions and the members argue
about Mona Vie.

If the man is guilty of an
offence then have him charged
but forget all this backbiting
and get onto more serious
matters — funds disappearing
- taxes that are unpaid - gov-
ernment companies that lose
millions of dollars - murders
that cannot be solved and on
down to minor things like traf-
fic lights that frequently do
not work.

We do not hear too much
about those problems — solv-
ing problems does not appear
to be a priority.

Dr Hall you are right about
the problem but I do not
agree with you about the solu-
tion — we will never get
“sood” government here if
the unruly and raucous Mem-
bers of the House of Assem-
bly are not held to account for
their actions.

PATRICK H THOMSON
Nassau,
April 21, 2008.

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THE TRIBUNE







Protesters in
Haiti demanti
return of ousted
President Aristide

m PORT-AU-PRINCE,
Haiti
HUNDREDS of peo-
ple marched through
Haiti’s capital on Satur-
day to demand the return

of ousted President Jean- , |

Bertrand Aristide,
according to Associated
Press.

The demonstrators also
commemorated the
killing of seven protesters
on April 26, 1986, when
army troops fired into a
crowd outside a notori-
ous prison.

As president, Aristide
shut down the Fort
Dimanche prison, where
dissidents were tortured
under the Duvalier fami-
ly dictatorship. Aristide
was ousted in a bloody

2004 revolt.

Haitian police and
U.N. peacekeepers said
Saturday’s protest was
peaceful.

At least seven people
died during food riots
in Haiti earlier this
month.

U.S. Rev. Jesse Jackson
and a delegation of min-
isters and Haitian nation-
als are expected to arrive
Sunday for a three-day
Visit.

Jackson hopes to
increase humanitarian
aid efforts and help draft
policies to avoid another
crisis, according to a
news release issued Sat-
urday by his religious and
social organization, the
Rainbow/PUSH Coali-
tion.

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PHONE: 322-2157



LOCAL NEWS

MONDAY, APRIL 28, 2008, PAGE 5

money "Two more robberies prompt



concern over daylight crime

CONCERN is growing over
daylight crime in downtown Nas-
sau following two more rob-
beries in Shirley Street.

A Haitian worker, Noel
Oneal, 40, was robbed at gun-
point while waiting for a bus on
the corner of Kemp Road at
about 5pm on Thursday.

Two masked men fled with
$200 in cash after threatening
Mr Oneal with a firearm.

A few days earlier, a Jamaican
woman in Shirley Street was

Haitian worker threatened with
firearm while waiting for bus



robbed by a man who wrestled
her to the ground and fled with
her handbag.

Last night, a Tribune reader
who knows Mr Oneal expressed
concern over an apparent
growth in “blatant” daylight

She said women, in particu-
lar, needed to be alert to rob-
bers targeting handbags.

“T now carry very little cash,”
she said, “As economic condi-
tions worsen, this kind of crime
will rise.”

tunist robbers struck several
times at Harbour Bay Shopping
Centre, snatching bags off
women’s chairs at Starbucks

restaurant.

However, a fence was erect-
ed to block the thieves’ potential
escape route.

Firemen tackle bush
fires on Grand Bahama

@ By DENISE MAYCOCK
Tribune Freeport Reporter

crime.

A.few months ago, oppor-

SYANN THOMPSON with Alexander and Gregor Maillis

“Turning the tables’ on the lionfish || eg

ALEXANDER and Gregory Maillis joined host
Syann Thompson on Bahamas at Sunrise to show the
world how to properly clean and cook lionfish for a
delicious and safe experience.

A species native to the Pacific Ocean, the lionfish
is now invading the Caribbean region.

This highly poisonous predator is known to eat
nearly every type of marine life that Bahamians
consume as food, including lobster, grouper, and
snapper.

However, it has recently come to light that we
may be able to turn the tables on this worrisome
creature. Lionfish are said to be edible and tasty, but
including lionfish in your cuisine requires knowl-
edge of correct handling.

Exercising great care, Alexander cut away the
poisonous fins of a freshly caught fish, gutted it and
prepared it for deep frying.

While demonstrating his skill at cooking, Alexan-
der explained the Maillis lionfish expertise: “We
experimented and found (lion fish) to be edible and



extremely delicious.”

The lionfish was spotted in Bahamian waters from
as early as five years ago.

Known also as the turkey or dragon fish, this dan-
gerous intruder is beautiful to look at, with an
impressive bloom of long spiny fins. It can be red,
brown, orange, yellow, black, maroon, or white and
is generally striped.

A fish to be approached only with the greatest of .

care, the lionfish sports poisonous fins that can deliv-
er a sting that causes great pain.

It is important to note that the poison is only in the
fins of the fish and, once they are removed, so is the
danger of being poisoned.

In the event of a lionfish sting, it is important to
get hot water and submerge the wounded part. The
effects of the poison should wear off after a few
hours.

Immediate medical care is strongly advised, as
some people are more susceptible to lionfish venom
than others.

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FREEPORT - Grand Bahama firemen were busy over the past
two days extinguishing several major bush fires in the Freeport area.

Bushes off Coral Road and Settler’s Way were burning since Thurs-
day evening.

The heavy smoke from these fires engulfed several residential sub-
divisions, including the Coral Reef sub-division off Coral Road, and the
Heritage and Arden Forest sub-divisions off Settler’s Way.

According to fire officials, two fire trucks were dispatched to the loca-
tions to extinguish the bush fires.

Up until Friday evening, firemen were still battling the bush fires. It
is not known what might have caused these fires.

“Lose Yourself In Style”

Yi
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PAGE 6, MONDAY, APRIL 28, 2008

THE TRIBUNE




THE TRIBUNE, along with its “Down Your Street” feature, which appears
in our Tuesday and Friday editions, will be spotlighting events at various
schools throughout the country. This is the first in a apeiaes series.

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POR TI

OUR LADY'S CATHOLIC PRIMARY SCHOOL, NEW PROVIDENCE



R RECONST RUCTING THE PAST E
Making models of Lucayan villages

AT WORK: Fourth grade students of Our Lady’s Catholic Primary School along with their teacher Dera: 1.
tria Anderson at work create models of Lucayan Villages as a part of the Social Studies curriculum.



Game for a laugh

PRE-K STUDENTS
at Our Lady’s Pri-
mary School play
an exciting game
of ring play with
their teacher
Maria Ajero.

To ALL COMMONWEALTH BANK MASTERCARD CUSTOMERS:

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THE TRIBUNE . MONDAY, APRIL 28, 2008, PAGE 7











@ BOOK FAIR

| Read all about it!




SIXTH-GRADE
students of Our
Lady’s Catholic
Primary School ,
proudly displaying
their purchases at
the school’s book
fair held last week.

MARY, STAR OF THE SEA SCHOOL, GRAND BAHAMA



a alike HOME 2008
Crlebration of
beal culture

SmartChoice

CELEBRATION

of all things

Bhamian. Students of Grade

Fre worked for many weeks

o their research projects into
tkir genealogy.

But, DOWN HOME is not
jst-an exhibition of projects,
cts and crafts and fooditems, [eae SS : ces
ut a term-long learning | eT§ GO! Fifth grade students shake a leg during their annual cul-
rocess. Students and teachers —_tyral show.
xplored the art of making

PHOTO: Genneva Russell

rafts from straw, discovered
he uses of various bush med-
cines, created a rake n’ scrape
yand with homemade instru-
ments, wrote original folk
tales and song, went on field
trips, and listened to guest
speakers.
This festival produces an

ture and an appreciation for
how far we have come as a
people and a nation.
Students and their parents
explored the way life used to
be, including outside toilets,
kerosene lamps, goose irons,
storytelling instead of TV, and
playing marbles instead of X

was the brainchild of two
Grade Five teachers, Renee
Hall and Carla Brown-Roker.

Over the past ten years
DOWN HOME has seen

- family histories written, fami-

ly cookbooks created, and a

. fostering of close ties between

children and their forebears.








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rockets. The entire school














































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Share your
news

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

ads
or have won an award. If so,

call us on 322-1986. CNS RT RCCL Cm SO Ae Su) Rs Seu ES

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PAGE 8, MONDAY, APRIL 28, 2008

THE TRIBUNE





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The ‘My Bahamas’ message

comes to Inagua All-Age School

THE ‘My Bahamas’ message
reached all the way to the south-
ernmost Bahamian island when
Director General of Tourism and
Aviation Vernice Walkine indoc-
trinated Inagua All-Age School
children in the movement’s core
principles.

My Bahamas, a sustained pub-
lic awareness campaign to educate
Bahamians about critical tourism
concerns and spur positive actions,
was re-launched by Minister of
Tourism and Aviation Neko Grant
in September, 2007.

Since then, banners, newspaper
advertisements, radio ads and tele-
vision commercials with urgent
tourism information have been reg-
ularly produced for various com-
munities.

Lhe most recent public aware-
ness effort was co-ordinated at
Inagua All Age School, where Ms
Walkine addressed about 200 stu-
dents, teachers and other mer ers
of the community.

/ “Being in the Ministry of

‘Tourism, I am expected to tell you

how to be nice to the tourists,” she
said. “But really, my job I believe is
to tell you how to be nice to one

\ ||

Betty Taylor

Journalist / Entrepreneur



DIRECTOR GENERAL Vernice Walkine speaks to studnts at Inagua

All-Age School.

another because if you are nice to
one another (first), you will natu-
rally be nice to the tourists.”

Ms Walkine explained that she
expected students and other Inagua
residents to join all Bahamians in
improving The Bahamas for the
better.

The ‘My Bahamas’ campaign
enlists all residents to “Let’s Make
It Better Again,” which evokes

A broken heart

brings sorrow to.

the body, soul and
spirit, but time

brings healing to

| Dr. Dwight A. Dorset

Derek Smith/BIS

memories of anther famous Min-
istry of Tourism |ogan — “It’s Bet-
ter in the Bahams,”

“We stopped sying ‘It’s Better
in the Bahamas after a while
because really it ws not better in
the Bahamas,” Ms /alkine said.

“We have a lot ofhings we have
to fix before visitorswill consider
the Bahamas better. ht we want to
continue to work on taking it bet-
ter again. So that is thavhole point
of the campaign.”

Principal Jason Woodside
thanked Ms Walkine ad Ministry
of Tourism staff memb¢s for visit-
ing the school. He sai the visit
reminded the commuity of the
importance of tourism tthe coun-
try.
Students presented icultural
show to Ministry of Touism offi-
cials, who fully outfitted tem with
My Bahamas campaign ‘khirts.

The Inagua visit is pat of the
My Bahamas Visiting Bhamian
Journalist Programme (VEP). The
Ministry of Tourism and wiation
has arranged visits to FamilIslands
for several media organiations.
The VBJP has already taka writ-
ers, cameramen and photogaphers
from Nassau and Grand Bhama
to Cat Island and Long Islad.

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LPIA EXPANSION PROJECT: Nassau Airport Development Company (NAD) is responsible for the

development, operation, management and maintenance of the Lynden Pindling International Airport, the fourth

busiest airport in the Caribbean, serving over 3 million passengers each year.




ee

RESPONSIBILITIES:

Review design drawings and technical
specifications as they are developed and
provide feedback to the design team as it

. relates to scope, schedule, constructability,

phasing and budget; °

Coordination of quality assurance and
quality control testing and Ministry of Works
inspections throughout the various stages of
construction;

Manage the safety and security program
implemented for the LPIA Expansion Project
with oversight from the Construction Manager;

Coordinate tenant fit-out of retail, office and
concession space in accordance with the
Tenant Design Manual developed for the LPIA
Expansion Project;

Liaise with local utility companies and tenants
to facilitate the sequencing and phasing of the
project and to maintain the overall schedule;

With the design of Phase |! airport expansion currently underway, NAD is seeking experienced
construction management personnel to build out our team. Currently available term positions include:



Assist with contract administration, reporting,
site inspection and commissioning of the
various project contracts.

QUALIFICATIONS:

2 to 5 years of construction related experience
(civil, structural, mechanical, electrical) on one
or more large scale projects;

Engineering Degree, EIT, or other Technical
Qualifications;

Excellent analytical and problem solving skills;

Excellent oral and written communications
skills;

Superior interpersonal and organizational
skills;

Excellent computer skills including; MS Office,
Cad, scheduling software, or other related
software are beneficial



RESPONSIBILITIES

Track, monitor and expedite production and
delivery of materials required for the project to



RESPONSIBILITIES:

¢ ‘Drawing document control throughout the =>



life of the project;

Managing drawing files and assisting the *
project team with drawing details, layouts,
sections and miscellaneous Autocad

drawing production; .

Experience with, or ability to learn quickly
Revit, (3DBuilding Design Software), and

Liaise and communicate with multi-
disciplined design team, good
communication and interpersonal skills a
must.

RESPONSIBILITIES:

This is a direct support position. This position
will support the Project Management Office
on a daily basis;

Receive and distribute correspondence, hard
copy filing, soft copy filing, typing, preparing
minutes of meetings, scheduling meetings °
and events, document preparation, organizing
the project office, and managing office

QUALIFICATIONS:

High School Diploma with an Associate
Degree from a Technical School;

Minimum 2 years Autocad experience in the
construction field;

Motivated self starter willing to assist and
participate in all aspects of design and
construction management.

2 years of work experience in a fast paced
environment, a plus if experience in the
construction industry;

Proficient in Word, Excel, Power Point and
Outlook;

Outstanding communication, organizational
and time management skills;

¢ Procure material and services for best price, meet scheduled delivery dates. supplies. * Responsible, dedicated, motivated with a
availability, delivery, and service capabilities to good work ethic; and
support the project objectives; QUALIFICATIONS
QUALIFICATIONS: e Able to handle stress, deadlines, and multiple

Prepare with the assistance of the Project
Team, RFEis, RFPs, Purchase Inquiries and
Construction Tender packages including
administration of the tender process;

Assist with negotiating contracts with proposed
suppliers, consultants and contractors within
budgetary limitations and scope of authority;

Expedite Purchase Orders and Contracts
and process Change Orders, Design Change
Requests as required;

Interface with suppliers and vendors on
material status and production planning issues;
and

Bachelor Arts/ Bachelor Science in related
field;

Accredited certification is preferred;
Strongly prefer 5 to 10 years experience in

construction contracts and procurement for
multi-disciplined projects;

Good communication, analytical, and
interpersonal skills

Thorough working knowledge of purchasing
policies, processes, procedures and laws
related to tendering and contracts.

Bachelor of Arts Degree in Administration;

if you are qualified and i
resume and ¢








Lynden Pindling |
RO. Box AP

tasks competently.






terested please send your








assau, The Bahamas

‘fetter by May 9th, 2008 to:

| Construction Manager
irport Expansion Project



THE TRIBUNE





GRAND BAHAMA - The Ministry
of Tourism along with the Grand
Bahama Regatta Committee held
a press conference to announce
plans for this year’s Grand
Bahama Island Regatta. The
regatta, set for June 20-22 on
Taino Beach, will showcase sail-
boats from around The Bahamas,
traditional. games, live entertain-
ment and conch cracking. The
committee said the regatta will
go down in history as the best,
with 24 sailboats expected to take
part. Pictured from left: Harold
McPhee, chairperson, regatta
committee; Derek Sands, com-
mittee member; Cornard Bethel,
committee member; April Gow,
committee member; Charlie
Robins, representative of sports
tourism in the Ministry of










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ADVERTISING & MARKETING



_ The Bahamas Electricity Corporation |
invites Tenders from eligible bidders for |

_ the provision of Consultancy Services in
Public Relations and/or Advertising &
_ Marketing for the Corporation.

Bidders are required to collect packages
from the Corporation’s Administration
Office, Blue Hill & Tucker Roads by
contacting Mrs. Delmeta Seymour,
Phone No. 302-1158.

Tenders are to be delivered on or before
1st May, 2008, 3:00 p.m.
and addressed as follows:

Mr. Kevin Basden
General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas

Marked: Tender No. 660/08
Consultancy Services in Public Rela-
tions and/or Advertising & Marketing

The Corporation reserves the right to
accept or reject the whole or such
part of any Tender the Corporation

' deems necessary.

MONDAY, APRIL 28, 2008, PAGE 9

LOCAL NEWS

Grand Bahama Regatta plans announced



















Tourism; Lady Naomi Wallace-
Whitfield, committee member;
Benson Knowles, executive
member; Pam Ferguson, execu-
tive member; Tynia Roberts, sec-

























retary; Merril Williams, commit-
tee member and Walton Rolle,

executive member.

Bi BIS photo:
Vandyke Hepburn





STUDENTS from Cherokee Sound
Primary School in Abaco paid a
courtesy call on Prime Minister
Hubert Ingraham at the Cabinet

Office on Thursday.

PHOTO:
Peter
Ramsay/BIS




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PAGE 10, MONDAY, APRIL 28, 2008

THE TRIBUNE





ORGANISED GROUPS ARE THREATENING THE HOSTING OF THE CARIBBEAN FESTIVAL OF CREATIVE ARTS

Media freedom and political action

m@ BY SIR RONALD SANDERS

he hosting of the
Caribbean Festival of

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JANSON BECKETT ANTI-AGING SKIN’

Creative Arts (CARIFESTA) in
Guyana is being threatened by
organised political groups as a
response to a four-month sus-
pension by the government of the

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broadcast licence of a popular
television station.

The tenth festival of its kind,
CARIFESTA is scheduled to be
held in Guyana from August 22

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to 31. Traditionally, the festival
assembles scores of musicians,
dancers, artists, writers and poets
from throughout the Caribbean
in performances that celebrate
the region’s rich culture in all its
languages, movement and arts
forms.

In being held in Guyana, it is
returning to the ground on which
it was launched in 1972 as a cul-
tural mecca for the Caribbean’s

eople.

CARIFESTA was a shared
vision of the Caribbean leaders
of the time, but none worked
harder to make it possible than
the then Guyana prime minister
and leader of the People’s
National Congress (PNC), Forbes
Burnham.

Therefore, it is somewhat iron-
ic that as the festival returns to
the soil on which its seeds were
“sown, it is the PNC that finds
itself in a position where it feels it
has to oppose it.

The festival was shifted to
Guyana when a newly-elected
Bahamas government last year
reversed the-decision of its pre-
decessor government to host

- it. Since then, the Guyana gov-
ernment has been doing its best to:

put arrangements in place.

But, as the tenth CARIFES-
TA was launched in Guyana on
April 23, a small, hostile group
attempted to disrupt it and police
had to restore order to allow the

ceremony to take place. There is.

no question of the political organ-
isation of the protest. It followed
a march by hundreds of people a
week earlier through the streets
of Georgetown, Guyana’s capi-
tal, led by the leaders of the
PNC/R.

Those same leaders subse-
quently delivered a letter to the
secretary-general of the
Caribbean Community and Com-
mon Market (CARICOM) Sec-
retariat, which is located in
Guyana. Significantly, however,
the letter signed by the PNC/R
léader, Robert Corbin, did not
call for a boycott or cancellation
of CARIFESTA.

It concluded by saying: “I urge
you to bring these matters to the
attention of the Caribbean Heads
of Government. I hope that con-
sideration by them could lead to
recommendations to the Presi-

dent and Government of Guyana

to meaningfully address the issues
raised in this letter”.

The issues raised in the PNC/R
letter were numerous and, as
would be expected from a politi-
cal party, they were portrayed
from its particular standpoint.

Nonetheless, stripped of the
political bias the issues are real.

Guyana is bedevilled with prob-
lems, the most crucial of them

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being pockets of poverty through-
out the country, high unemploy-
ment and a shortage of skills since
more than 80 per cent of its ter-
tiary-educated people have
migrated, mostly to the US, Cana-
da and the UK.

It also has high crime — though
not as high as Jamaica and
Trinidad and Tobago — as a con-
sequence of economic depriva-
tion and its exploitation by drug
traffickers,

Discontent

There is plenty of grist for the
political mill if the country’s polit-
ical leadership on all sides of the
political divide were to resolve to
tackle assiduously and collective-
ly the issues that would allow
Guyana to achieve the prosperity
that is proffered by the riches of
vast and fertile agricultural lands;
the wealth of gold, diamonds and
bauxite; massive forests, great

reserves of fresh water and

untapped sources of oil and
renewable energy.

But, at the moment, the politi-
cal divide is a yawning and seem-
ingly unbridgeable gap.

Debate is conducted in the
public domain in emotional and
accusatory language that defies
co-operation.

And, while a political stand-off
continues, discontent simmers. It
is a discontent, incidentally, that
crosses racial and class barriers.

Undoubtedly, there is an over-

whelming desire by Guyanese

people of all walks of life for their
political leaders to identify the
main problems that confront the
country and work to solve them.
Unfortunately, it appears that
some of the political leaders on all
side§ mistake co-operation for
weakness.

In the event, the latest distrac-
tion of public attention from the
pressing issues in Guyana is the
decision by President Bharat
Jagdeo, in his capacity as Minister
of Information, to suspend the
broadcast licence of a television
operation run by C N Sharma.

Sharma is — to use the current
American jargon -.a ‘phenom’.

He has run for the presidency
of Guyana undeterred by the
derisory and pitiable number of
votes that he has mustered.

His remarks on television are
the stuff of which “Bushisms” are
made.

Few take him seriously, but all
are amused by him; all that is
except those who believe that his
television channel’s avenue for
criticism of all and sundry, and
the government in particular, by
anonymous callers is dangerous.

Almost everywhere in the

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world, live. calls from anonymous
callers are subject to a 10-second
delayed broadcast, allowing
responsible broadcasters to deter-
mine whether to cut-off an utter-
ance that is libellous, offensive of
good taste or moral values. Shar-
ma’s broadcast had no such delay.

Thus, in the height of emotion
after a massacre of 11 people by a
criminal gang, an elderly woman
in a non-specific way threatened
the life of the president.

Sharma recognised the unac-
ceptability of the woman’s com-
ment and upbraided her.

Nonetheless, the particular
programme was rebroadcast twice
with the offensive utterance un-
edited.

The High Court of Guyana has
been asked to pronounce on all
this, and will do so in due course.
It is arguable that the government —
over-reacted to the “threat’ and it”
would have done better to leave
the matter to an Advisory Com-
mittee on Broadcasting that had
earlier slapped Sharma on the:
wrist and told him to put a
delayed broadcast mechanism in”
place.

The government hose not to
do so, and by the four-month sus-
pension of Sharma’s television
station gave rise to a political
response that is now directed at
CARIFESTA. ~

But, in truth, the issue is less
about Sharma and more about
the divisive politics that have crip-
pled the country for decades.

It is a shame that, in that trou-
bled milieu, CARIFESTA has »
had to become a target.

e Responses to: ronald:
sanders29@hotmail.com

eo
(The writer is business execu-
tive and former Caribbean diplo-
mat)




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THE. TRIBUNE MONDAY. APRIL 28. 2008. PAGE 11






Thank you for caring enough to walk. Thank you for caring enough to give. Thank you for making the tenth Funwalk the
most successful yet!

Sincere thanks from Atlantic Medical to everyone who contributed their time and made a huge effort to mark Funwalk 10 as the best ever. The management
and colleagues at Atlantic Medical would also like to offer thanks to our co-contributors who have supported the Fun Walk and it's ultimate aims of raising
much needed cash for our partner charities and promoting the benefits of exercise to our community. Their efforts both in gifts and in personal commitment

have been gratefully received and we can also state that Funwalk t-shirt sizes are getting smaller too! So the message, with everyone's help, is getting through!

THANK YOU TO OUR FUNWALK PARTNERS (GIFT CONTRIBUTIONS/ VENDORS);
PRIZE SPONSORS; BRITISH AIRWAYS; JET BLUE; BAPTIST HOSPITAL; BALLY'S; WY NDHAM NASSAU RESORT, BRITISH COLONIAL HILTON; BTC; RIU;
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The management and colleagues of Atlantic Medical Insurance and their partners, The Cancer Society of The Bahamas and The Bahamas Diabetic Association.

The Bahamas Diabetic Association

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ATLANTIC MEDICAL INSURANCE LTD.
ATLANTIC HOUSE 2nd TERRACE & COLLINS AVENUE PO BOX SS 5915 NASSAU TEL. 326-8191
5 JASMINE CORPORATE CENTER, EAST SUNRISE HIGHWAY, FREEPORT PO. Box F-42655 TEL. 351-3960

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PAGE 12, MONDAY, APRIL 28, 2008 THE TRIBUNE











Chinese Ambassador's courtesy call
on Minister of National Security




CHINESE AMBASSADOR Hu Dingxian called on Minister of State for Immigration Elma Campbell
and Minister of National Security Tommy Turnquest at the Churchill Building.

PHOTO: Patrick Hanna/BIS |



NASSAU LISTINGS

RESIDENTIAL & COMMERCIAL















1. CARMICHAEL ROAD LLAGE SUB

PROPERTY DESCRIPTION: Single Family LOT NO. 147
Residence, 3 bed / 2 bath PROPERTY DESCRIPTION: Single-storey
PROPERTY SIZE: 11,988 Residence, 3 Bed / 2 Bath
FLOOR AREA: 1,710 sq. ft. PROPERTY SIZE: 5,000 sq. ft.
LOCATION: East on Carmichael Road from LOCATION: Drive West on Carmichael
Bacardi Road take the 1st asphalt paved Road from Gladstone Road intersection
easement on the right. Property is 150 ft - about 2,000 feet on right is entrance to the
south of Carmichael Road. subdivision - turn left at the T-junction — the
APPRAISED VALUE: $232,000 — property is the 19th on the right.

; APPRAISED VALUE: $145,000




















KIDZ CIHY

Montrose Avenue

P.O. Box N-1552 |

Nassau, Bahamas
Phone: 323-3460

~ Monday - Saturday

9:30 AM - 5:30 PM

Pre Inventory Sale
20% off Storewide
_ Friday April 29th - Saturday May 3rd













2. SOUTH BEACH ESTATES SUBDIVISION
LOT NO. 1 Block 22 ’
PROPERTY DESCRIPTION: Split Level
Residential Building with 3 Apts.
PROPERTY SIZE: 6,600 sq. ft.
LOCATION: Travel south along East Street
from Bamboo Boulevard take 1st corner on
right - Bougainvillea Blvd . Heading west

on Bougainvillea Blvd. take the 2nd corner
~ “T” junction and turn left onto Oxford Drive. .

Property is 3rd house on the right at the

western corner of Serville Drive and Oxford

Avenue.
APPRAISED VALUE: $397,000











9. CORAL HARBOUR WATERWAYS
SUBDIVISION PHASE 3

LOT NO. 176

PROPERTY DESCRIPTION: Single-storey

Residence, 3 Bed / 2 Bath

PROPERTY SIZE: 8,750 sq. ft.

LOCATION: Enter Kent Avenue from Coral

Harbour Road — Property is on the right - 1st

property after 3rd speed bump.

APPRAISED VALUE: $182,500







































10. ENGLERSTON SUBDIVISION
LOT NO. 12 Block 41
- PROPERTY DESCRIPTION: Single-storey
Residence
PROPERTY SIZE: 2,810 sq. ft.
LOCATION: On Washington Street
APPRAISED VALUE: $TBA









3._ STAR ESTATES EASTERN DISTRICT
LOT NO. 67
PROPERTY DESCRIPTION: Incomplete
Split- level Multi-Family Duplex
PROPERTY SIZE: 7,000 sq. ft.
LOCATION: Traveling east along Prince
ia aS Charles Drive take the 1st corner on the right
past Sea Grape Shopping Plaza. Heading
south on Jupiter Way bearing left around the
curve, the subject property is the third lot on

‘the left past the curve.
APPRAISED VALUE: $TBA















LOT NO. 1372
PROPERTY DESCRIPTION: Single-storey
Residence, 4 Bed / 2 Bath

PROPERTY SIZE: 6,000 sq. ft.

LOCATION: From the junction of Carmichael
Road and Cedar Way, travel south to the
T-Junction of Cedar Way and Golden Gates
Streets, turn right then take the first corner
right, Comet Terrace. The property is the first



“All Sales Final
No Refund Or Exchanges —

: fete AGE Ae Ree:






































4. TWYNAM HEIGHTS SUBDIVISION

LOT NO. 117 on the right.
PROPERTY DESCRIPTION: Single Family APPRAISED VALUE: $TBA :
Residence










PROPERTY SIZE: 8,000 sq. ft. 12. BRICEVILLE SUBDIVISION

.





LOCATION: Take Portland Boulevard east LOT OF LAND 4 i
of Super Value Food Store Prince Charles PROPERTY DESCRIPTION: Incomplete Four i
Drive - south to the 2nd corner (Continental Unit Apartment Complex :



PROPERTY SIZE: 6,000 sq. ft.

LOCATION: Situate on Southern side of a
Dead-end Corner south of Pine Barren Road.
APPRAISED VALUE: $TBA

Avenue) on the left. Continue around the
curve then take the 3rd corner.on the left
(Tropical Avenue), Traveling north the property
is the 10th lot on the left or first property after
passing Tote Avenue.
APPRAISED VALUE: $295,000












13. SUNSET PARK SUBDIVISION
LOT NO. 27 Block 8
PROPERTY DESCRIPTION: Single-storey














5. BEL-AIR ESTATES, CARMICHAEL ROAD





LOT NO. 259 . Residence 3 bed / 2 bath
PROPERTY DESCRIPTION: Single-storey PROPERTY SIZE: 6,375 sq. ft.
Residence LOCATION: From Carmichael Road and

























Alexandria Road travel North on Alexandria
Road, take the second left onto Carib Road,
then the first right onto Phang Road then the
first right onto Carvel Road, go around the
curve onto Parkway Drive and the subject
property is the third lot on the left beyond the
curve.

APPRAISED VALUE: $TBA

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: East on Carmichael Road from
Faith Avenue take the 4th corner on the right
(Turtle Drive) property is 4th lot on right.
APPRAISED VALUE: $186,000



















6. SOUTH BEACH CROWN ALLOTMENTS
LOT NO. Portion of Lot 52
PROPERTY DESCRIPTION: Single Family

, Residence.
fe PROPERTY SIZE: 37,550 sq. ft.

LOCATION: Northwestern corner of Marshall
Road.
APPRAISED VALUE: $197,000





14: SIR LYNDEN PINDLING ESTATES
SUBDIVISION
LOT NO. 3018/ 19
PROPERTY DESCRIPTION: Single-storey
Residence, 3 bed / 2 bath
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Traveling east on C.W.
Saunders Highway from Pinewood Gardens
roundabout, take the second corner on the
right (Lady Marguerite Pindling Avenue).
‘Heading south take the 1st paved corner on
the left (Lauren Street) then the 2nd corner on
the left (Pear Tree Avenue) the property is the
2nd house on the left painted light blue with a
white asphalt roof.
APPRAISED VALUE: $156,000










7.. SOUTH BEACH ESTATES WEST
SUBDIVISION

LOT NO. 33, Block 27

PROPERTY DESCRIPTION: Single-storey
Residence, 2 Bed/1 Bath

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Situated on Oxford Drive.
APPRAISED VALUE: $TBA





















; Excluding Sale
Items
and Hosiery

TOREWIDE|

SAS

APRIL 24-MAY3





VACANT LOTS


























. KOOL ACRES SUBDIVISION

- LOT NO. 9
. PROPERTY SIZE: Multi-Family Lot

6,000 sq. ft.
_LOCATION: Situated on the cull-de-sac in
Kool Acres. .
APPRAISED VALUE: $TBA

3. SANDILANDS ALLOTMENT
LOT NO. Parcel C
PROPERTY SIZE: Single / Multi-Family Lot
7,604 sq. ft.
LOCATION: On the southwestern corner of
Fox Hill Road (South) and a road reservation
two blocks north of Joe Farrington Road and

- Yamacraw Hill Road.

APPRAISED VALUE: $TBA











2. OPULENT HEIGHTS SUBDIVISION
LOT NO. 28
PROPERTY SIZE: Multi-family Lot
7,597 sq. ft.
LOCATION: Traveling on Carmichael Road
West of Millar Road, take the 1st new
paved road pass “The Outdoor Patio” on the
left, then take 2nd,left then 1st right - the
property is 2nd to the last on right before the
road ends. 5
APPRAISED VALUE: $75,000















2008 CreativeRelations.net



©

INTERESTED PARTIES SHOULD SUBMIT OFFERS (INCLUDE TELEPHONE CONTACT AND
POSTAL ADDRESS) TO: ASSISTANT VICE PRESIDENT, CREDIT RISK, P. O. BOX SS-6263,
TEL. 394-6465; FAX: 393-2883, OR CHRISTOPHER KNOWLES (FREEPORT), P.O. BOX F-40876,
TEL: 352-8307; FAX: 352-8221 FOR FURTHER INFORMATION. * WE RESERVE THE RIGHT TO
REJECT ANY OR ALL OFFERS

es

eerie wcll :
RND Plaza, Freeport « 351-3274



THE TRIBUNE/ MONDAY, APRIL 28, 2008, PAGE 13

¢

Commonwealth Bank consolidated its position as a Billion Dollar Bank as it grew to $1.23 Billion
at the end of March 2008. This was an increase of $53 million over December 31, 2007.

COMMONWEALTH

BAN K CHAIRMAN’S REPORT ON UNAUDITED RESULTS MARCH 31, 2008





The Bank has made a very positive start to what is widely regarded as being a very challenging |

year. We are obviously concerned about the economic uncertainty in the US and are monitoring

the potential impact on both tourist arrivals and capital project inflows. Nevertheless, the Bank

will continue to serve its loyal customers and prudently manage its resources. It is in difficult |

times that we distinguish ourselves and | am confident that our loyal and hardworking staff will
- continue to make Commonwealth Bank a Bahamian institution 7 which we can all be proud.

Net income for the quarter was $12.8 million up 10% from $11.6 million for the first quarter of
2007. Earnings per share increased 20% to 12 cents per share from 10 cents per share for the
first quarter of 2007. ; a sete seca

Annualised return on common shareholder equity declined slightly to 37.4%, as did Return on
Assets at 3.75% for the first quarter compared to 38.68% and 3.87% respectively for 2007.

of the tight liquidity experience in the economy in the first quarter.

Commonwealth Bank’s philosophy is to share our success with our shareholders, accordingly

on April 30th, the Bank will pay an extra-ordinary dividend of 6 cents per common share.

COMMONWEALTH BANK LIMITED
ConsoLipATED BALANCE SHEET
(Expressed in B$ ‘000s) (Unaudited)

rman

COMMONWEALTH BANK LIMITED

CoNSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ Equity

(Expressed in B$ ‘000s) (Unaudited) °

3 months ending

3 months ending





The decline in these ratios reflected the downward pressure on net interest margins as a result . |
|

March 31, 2008 December 31, 2007 March 31, 2008 March 31, 2007. ~
AssETS PREFERENCE SHARES
Cash and deposits with banks $ 17,694 $ 20,934 Balance at the beginning and end of period 84,983 _ 84,983 -
Balances with Central Bank . 107,992 72,609
Government Stock, Investments and Treasury Bills 100,130 98,050 Common SHARES
Loans Receivable (net) 973,384 954,943 Balance at beginning of period 1968 1,964
Premises and equipment 31,867 30,912 (Purchase)/Issuance of common shares (5) 2
Other assets 1,415 1,726 Balance at end of period 1,963 1,966
TOTAL $__ 1,232,482 $ 1,179,174
> SEA AP * hae ee SHARE PREMIUM.
LiABILITIES AND SHAREHOLDERS’ Equity Balance at beginning of period 27,643 26,429
Liabilities: ” (Purchase)/Issuance of common shares (1,963) 460
Deposits $ 985,261 $ 935,730 Employee stock options 54 0
Life assurance fund 16,472 16,184 Balance at end of period 25,734 26,889
Other liabilities 25,371 26,364
Total liabilities 1,027,104 978,278 GENERAL RESERVE
Shareholder’s Equity: Balance at beginning and end of period 10,500 10,000
Share capital 86,946 86,951
Share premium 25,734 27,643 Retainep Earninas a
General Reserve 10,500 10,500 Balance at beginning of period 75,802 59,290
Retained earnings 82,196 75,802 Net income 12,802 11,643
Total shareholders’ equity 205,376 200,896 Common share dividends (4,921) (3,933)
TOTAL $ 1,232,480 $1,179,174 Preference share dividends (1,487) (1,487)
. Balance at end of period 82,196 65,513
- SHAREHOLDERS’ Equity AT END OF PERIOD © $ 205,376 $ 189,351
COMMONWEALTH BANK LIMITED
oe oe COMMONWEALTH BANK LIMITED
CoNSOLIDATED STATEMENT OF CasH FLows
3 months ending 3.months ending (Expressed in B$ ‘000s) (Unaudited)
March 31, 2008 March 31, 2007 3 months ending 3 months ending
ar eT ; a March 31, 2008 March 31, 2007
‘ ‘ASH FLows FROM OPERATING ACTIVITIES:
niet cane $ g5,075 >, “S009 » terest Receipts $ 32642 $ 27,886
1 oe oe) ee Interest Payment 11,880 9,399
Net interest income 23,695 21,196 yen (11,880) (9,399)
Loan loss provision (2.585 2 080 Life assurance premiums received 2,163 2,215
—— 2) 1110. ——__2,080) 19.116 Life assurance claims and expenses paid (699) (808)
Pee nomi : , Fees and commissions received 2,571 2,235
Life assurance, net “| 57t Ka 7 1,214 Recoveries 1 461 . 1,502
Fees and other income ____2,176 _ 1,837 Gash payments to employees and suppliers (12,129) (7,793)
24857 22,164 14,129 15,838
Increase in loans receivable (20,952) (82,605)
Non-INTEREST EXPENSES: Increase in deposits 49,531 47,511
General and administrative 11,410 9,876 Net cash from operating activities 42,708 30,744.
Depreciation and amortization 606 623
Directors’ fees oe 38 43 Cash FLows From INvesTING Activities:
~ 12,055 10,542 Purchase of Government Stock, investments
Net INcomME 12,802 11,622 and Treasury Bills (17,196) (19,198)
Interest receipts and repayment of
Preference Share Dividends (1,487) (1,487) Government Stock and Treasury Bills 16,514 11,344
eee noes ae ne Purchases of premises and equipment (1,561) (1,253)
Net INcome AVAILABLE TO CoMMON SHAREHOLDERS $ 11,315 $ 10,135 Net cash used in investing activities (2,243) ___._ (9,107)
Avena NuMBER oF CoMMON SHARES 98,323 98,313 Cash FLows FROM FINANCING AcTiVITIES:
(Thousands) es Dividends paid (6,408) (5,420)
Earnines Per Suare (3 months) $ 0.12 $ 0.10 (Payments)/Proceeds from purchase /Issue (1,968) 462
oe Se of common shares
Share based payments 54 0
- Net cash used in financing activities (8,322) (4,958).
Net IncREASE IN CasH EquivALENTS 32,143 16,679
Caso Eaquivacents, BEGINNING OF PERIOD 93,543 92,295
Caso Eaquivacents, Enp oF Periop $ 125,686 $ 108,974

COMMONWEALTH BANK LIMITED ©

Three Months. Ended March 31, 2008
(Expressed in B$ ‘000s) (Unaudited)

| 1. ACCOUNTING POLICIES

Notes To Unaupitep INTERIM. CONSOLIDATED FINANCIAL STATEMENTS

These consolidated interim condensed financial statements have been prepared in accordance
with International Accounting Standards 34 Interim Financial Reporting. The accounting
policies used in the preparation of the interim financial statements are consistent with those
used in the annual financial statement for the year ended December 31, 2007.








aaa aa March 31, 2008 March 31, 2007 |
ee
Bank segment — External = 839

Real Estate segment —

External

Real Estate segment - $364
Intersegment

-_ 096

Cs
i
|
ee mpmst ff

The consolidated financial statements include the accounts of Commonwealth Bank Limited
(“the Bank”) and its wholly owned subsidiary companies. The subsidiaries are Laurentide
Insurance and Mortgage Company Limited, C.B. Securities Ltd. and C.B. Holding Co. Ltd.



| 2. BUSINESS SEGMENT

For management purposes, the Bank including its subsidiaries is Giganized into two major
operating units - Bank and Real Estate. The following table shows financial information by 3. DIVIDENDS

business segment: The Directors have approved interim quarterly dividends in the amount of 5 cents per
| common share (2007:4 cents) and an extraordinary dividend of 6 cents per share payable April
| 30th, 2008. The dividends are declared on a quarterly calendar basis. The interim financial
| statements only reflect the dividends accrued for the interim period.



4. COMPARATIVE FIGURES -DIVIDENDS AND EARNINGS PER SHARE

On October 17, 2007; the shareholders approved a three-for-one split effective November 9,
2007. Comparative per share data for 2007 has been restated to recognize the effect of the
stock split.

You SuoRBISYeANBaD BO0ZD



PAGE 14, MONDAY, APRIL 28, 2008

Caribbean Bottling Co. (Bah.) Ltd

Is seeking candidates for the position of
Marketing Brand Manager

| «Res onsibilities of the job function include but re 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 potentia] 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
Communications)
Build trust, value others, drive execution, foster innovation and demonstrate
high integrity and loyalty to the brand.

Job Requirements:

Minimum 5 years ‘of sales experience in the marketing industry

Proficient in Microsoft excel, word, PowerPoint and other software systems
Extensive experience in all aspects of developing and maintaining marketing
strategies to meet organizational objectives

Bachelors Degree in Business or related field.

Apply in writing by hand delivery or mail to:

Human Resource Manager
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

Sanpin Motors Ltd.
Your

Pre-Owned





Fax: 325-0883



THE TRIBUNE

LOCAL NEWS

Claim that government
has not adequately
addressed rising cost of
living, increasing fuel price

FROM page one

the Ministry of Works have
seen improvements since May,
2007.

“The reality is the govern-
ment has done a whole lot in
the last year. While there are
a lot of people who have not
realised their dreams, who
have not gotten what they
thought they should have, the
government has gone a long
way in bringing some sanity
to a country that was like a
runaway train under the PLP.

“You will see in areas like
education, in health care, in
Ministry of Works, in local
government, areas where the
government has put the nec-
essary things in place to push
the country forward. And,
yes, we have a lot to do, we
have barely scratched the sur-
face because that’s the extent
that the country needed to be
restructured,” he said.

Ex-MP for Bamboo Town
Tennyson Wells faulted the
FNM for not doing enough to
address the country’s high
food and fuel costs.

“I think the prices for fuel
costs and food products for
the poor are out of line, the

' prices are way up. Something

needs to be done about the
high costs of living. I don't
think they're doing a good job
there.”

He aserted that if only a
fraction of the $9.1 billion

investments recently
announced by the FNM come
into fruition, it could soften
the blow dealt to The

Bahamas by the US’s weak-:

ening economy.

“If they achieve what they
said in the House of Assem-
bly (Wednesday) about $9 bil-
lion (in proposed invest-
ments) I would give them a
B+. Mind you they may be
lucky if they get 10 per cent of
that.

“If they get 10 per cent of
(those investments) they
would have done very well,
and the Bahamian public
should not complain.”

On Wednesday, Minister of
Education Carl Bethel told
Parliament the government
has approved $9.1 billion in
capital investments during the
period of May, 2007 to March,
2008. |

Elcott Coleby, who lost his
bid for PLP chairman earlier
this year, blamed the econo-
my’s apparent slowdown on
the government's policies,

adding that the FNM is

“bankrupt” of ideas.
The FNM came into office

Judicial system

FROM page one

net and, as such, may have been seen to be open to possible influ-
ence by a member of the government.

“The whole question was about the independence of the judiciary...

One of the main and most vehement objectors was the sister of the
new appointee and one of the current members of the Judicial
and Legal Services Commission. Where (is) the voice of objection
and objectivity now from those quarters about the impression that
would be seen by the appointment of Mrs Nottage to the punrenie

Court?” the members asked.

The concerns of the US aside, Bar members pointed out that Mrs
Nottage was investigated in the Commission of Inquiry and was
heavily criticised in its findings. They criticised Chief Justice Sir Bur-
ton Hall and the committee for not taking this into consideration.

“It is unfortunate that more persons who are totally opposed to
this appointment have not committed pen to paper or called in to
talk shows to condemn the decision of the Judicial and Legal Ser-

vice Commission,” the letter said.

It added that, on behalf of “regular members of the Bar Associ-
ation”, grave concern and disappointment was being expressed.
over the fact that The Bahamas would be “subjected to embar-

rassment” over the appointment.

any
Co
Sas Sx ee

‘in May, 2007, with a projected

economic growth rate of 4.5
per cent but implemented a
“stop, review and cancel” pol-
icy which “brought the econ-
omy to a screeching halt” and
stagnated this projected
growth, he claimed.

Said’ Mr Coleby: “Now,
notwithstanding the external
forces that. would have

- impacted on the Bahamian

economy, the actions of the
government through the ‘stop,
review and cancel’ policy
accelerated The Bahamas into
a recessive state,” Mr Coleby
argued.

_ “After the country was in a
state of recession when un-
employment went up and the

. economy slowed down con-

siderably, the government’s
revenue had further declined.
The government implement-
ed no economic stimulus
package, and even the ones
that were in place they can-
celled them,” he claimed.

He said the govérnment’s
decision not to renew the
stamp tax exemption in
December, 2007, for first-time
home-buyers was a bad deci-
sion which contributed to the

. “fear” consumers are feeling
- as the cost of living rises.

Another failed policy was
the removal of the school
policing programme and not

‘Teplacing it with a viable alter-
native when levels of school

violence were on the i increase,

claimed Mr Coleby.

He also argued that the

FNM is taking credit for a

number of projects that were
on the table when the former
administration was in office.
“These were the same peo-
ple runnin’ around saying all
they saw was agreements on
paper and they haven’t seen
anything in the ground and it
never reach the Bahamian
people. But I don’t know how
they can change their talk in
10 short months. They’re talk-
ing about all the projects that
the PLP left in place. That’s

all their doing,” he said.

ikl
S ee FG)
Soa a

moo ee

foruary 20, 1970 - an 2007

When Tomorrow Starts Without Me

When tomorrow starts without me and I'm not here to see...
If the sun should rise and find your eyes filled with tears for me,

I wish so much you wouldn't cry the way you did today...
While thinking of the many things we didn't get to say.

I know how much you love me, as much as I love you...
And each time you think of me, I know you'll miss me, too.

But when tomorrow starts without me, please try to understand...
That Jesus came and called my name and took me by the hand,

And said my place was ready in heaven far above...
And that I'd have to leave behind all those I dearly love.

So when tomorrow starts without me, don't think we're far apart...
For every time you think of me, I'm right here in your heart.

By David Romano

Sadly missed by Wife, Antoinette, Sons Jonathan and Theo
Parents Raymond and Helen Russell
Sisters and Brothers and a host of Family and Friends





THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 15



Man shot

FROM page one

gun went off during the strug-
gle, hitting Winters twice. He :

died at the scene.

“An unknown man wearing :
sunglasses and a cap entered the :
establishment and pulled out a :
gun. He proceeded to harass :
customers and patrons demand- :
ing money before holding an }
off-duty police officer hostage :
by holding a gun to his head. :

He threatened the officer’s life,”

Chief Supt Glenn Miller told ;

reporters at the crime scene.

“The customer who was shot }
was a taxi-cab driver with no :

form of identification on him,”
the officer added.

The assailant reportedly fled :
in a white rental car, but it has :
been reported that the events :
were captured on the store’s sur- }
veillance cameras. Police recov- :

ered the weapon at the scene.

The gunman is described as :
5ft Sin or 5ft 9in tall, slimly built :
and of dark brown complexion. :

Witnesses from a nearby store :
said they heard two gunshots :
and saw people running and }

screaming.

Police taped off the area from }
Madeira to Mackey Street but :
an hour after the killing a crowd :
of people swarmed the scene :
when officers removed the }

body.

held up the establishment.

The harrowing events left
those on the scene visibly affect- :
ed and some received immedi- }

ate counselling.

Because the officer was not :
in uniform during the robbery, :
investigators are not sure if the :
culprit knew he accosted an offi- :

cer.

Road.

weekend.

Police believe the two inci- }

dents are related.

Saturday’s robbery is the lat-
est in a string of hold-ups by

machine-gun toting men.

Police are investigating a :
number of robberies targeted at :
low security-businesses like con- ;..
venience stares and fast food :

restaurants.

CSP Miller said there were i
about six customers standing in :
line and about three employees :
in the store when the gunman :

Police are also investigating
the murder of 22-year-old }
Theron Armbrister of Kemp ;

Reports state the victim was :
stabbed to death early Saturday :
morning while attending a party. :

A 23-year-old man is in hos- }
pital after being shot over the :

FROM page one

I had the virus I was shocked
but I had to take it how it is.
I just asked the doctor, ‘What
can I do to keep me living
rather than fretting about it?’
He told me all I have to do is
take my medication, eat
healthy food and get as much
rest as I can.’

Mr Harris said he gave his
life to Christ three weeks
ago. He supports his family
through the sale of his craft-
work, which is on display at
the All Saints Camp.

On his healthy one-year-
old daughter and his future
plans, Mr Harris said: “She
isn't infected. (Her birth)
made me feel proud and now
I have to give God thanks as
much as I possibly can. My
plan now is to be a father to
my child and a husband to
my wife and help other
patients at the Camp.”

He has lived at the camp
for seven years. His wife has
been there for three years.

The Saturday ceremony
was attended by camp resi-
dents and well-wishers from
the community. Adventure
Learning Centre bought the

All Saints Camp
residents marry

bride’s wedding dress, Ms
Dorris Barry donated the
wedding rings and Ms There-
sa Glinton prepared the food
for the wedding party. Ann

Lever co-ordinated the dona-.

tions. .

The Harris wedding is the
first ceremony at the site
since All Saints Camp pio-
neer Father Glenroy Nottage
died in 2003.

Camp administrator Diana
Thompson told The Tribune
it was her mission to contin-
ue the tradition of her pre-
decessor, the late Father Not-
tage, by encouraging couples
at the camp to get married
and lead normal lives.

“(Tony) is a very happy
man, he prayed to God to
bless him with a child before
he died and God gave him a

beautiful baby girl. It shows '

us that God is still moving
through and even though
they have this illness they are

Neighbours’ terror
over crack house

FROM page one

Another resident who has lived in the road for 30 years added:
“This used to be a nice area but now all around here is danger, dan-

ger. People are passing day and night. And I’m afraid to be home

on my own.”

Deputy commander of drugs enforcement, Asst Supt Basil Col-
lie, reassures residents that police are keeping a close watch on the
area, and are highly aware of the issues.

He said: “The difficulty is when these old houses are not secured
by the owners, so addicts will use them to take drugs, and in some
cases the addicts may occupy the house.

“We need the owners of the properties to secure their properties
to prevent the addicts from going in. Officers will continue their
checks and if people are taking drugs or selling from there we will

make arrests.”

ASP Collie said cleaning up the area must be a team effort
between police and the community, as property owners must take
responsibility for securing their properties, and neighbours should
continue to report crime to police to help them catch criminals in

their tracks.

He added: “If we are dealing with addicts 24/7 moving about and

using drugs, it is difficult to get there in time after we receive a

report.

“However, we will continue our patrols in this area until we:

catch them in the act.”

FOR SAFE
TURN OF

MISSING FROM FAITH. AVENUE AREA
SINCE AFTERNOON OF
SUNDAY APRIL 6TH.

FEMALE BEIGE COCKER SPANIEL, AGED
6 MONTHS, WEIGHT APPROX. 15LBS,
‘WEARING GREEN COLLAR WITH BELL.

sALL 427-3757

NO QUESTIONS ASKED!!



still living,” said Ms Thomp-
son, who is planning a double
wedding at the camp in
December.

Of the negative stigma
attached to the incurable dis-

ease she said: “Life (has) to
go on, this disease is for any-
one to catch who has unpro-
tected sex but life has to go
on. As long as God puts
breath in your body you have

to give thanks and praise.

“J just encourage people
who are infected don’t give
up, although there is no
(medical) cure there is a cure
in Jesus. All they have to do
is give God thanks and praise
that they have a next day to

RSES NEED TO

_ the camp's name,”

live.”

Her own sister died of the
disease in 2004 after battling
most of it in secret, she said.
She said interested persons
should make donations to the
camp’s BEC account.

“Even if it’s five dollars
they can give it to BEC in
she said.

There are currently 18
men, 20 women and 17 chil-
dren living at the All Saints
Camp.

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PAGE 16, MONDAY, APRIL 28, 2008 THE TRIBUNE

(2 nn ne a
Two surfers are bitten by sharks Old Bahama Bay sp arkles)

over the weekend, minor injuries | me |
for Four Diamond Awar

m@ NEW SMYRNA BEACH, Fla.
WEST END, GRAND

‘BAHAMA - Old Bahama
Bay by Ginn sur Mer has been
awarded the Four Diamond
Award by the American
Automobile Association
(AAA).

General manager Bob Van
Bergen said: “We are thrilled.
This distinction recognises our
commitment to providing the
service standards required.” . Cong : es oe

The AAA diamond rating | . ~AAA Pout Diamond Award

process is considered one of 8 P : pes Sarde
North America’s premier : age





AUTHORITIES say two surfers were injured in shark
attacks in New Smyrna Beach over the weekend, according
to Associated Press.

Capt. Jack Driskell, with the Volusia County Beach Patrol,
says a 24-year-old man stepped off his surfboard in chest
deep water Sunday morning and his right calf was bitten.
Driskell says the man was attacked by a shark. He adds that
the injuries are not life or limb threatening.

On Saturday another man drove himself to the hospital
after a shark bit his foot while he surfed in New Smyrna
Beach.

Mark Pattison, 21, says he was in chest deep water when a
shark bit his right foot. He told the beach patrol that the shark
let go after he jumped off his board and hit it. Pattison under-
went minor surgery for the bite.

ratulations OBB Team “Ginn





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.

share your news










hotel rating systems.

About 32,000 hotels
throughout the United States,
Canada, Mexico and the
Caribbean are AAA
Approved.

Status

To obtain Four Diamond
status, Old Bahama Bay
underwent an in-depth eval-
uation in which professional
evaluators from AAA visited
the property to assign a rat-
ing.

During their stay, evalua-
tors determined that the lux-
ury resort’s accommodations
were progressively more

CELEBRATING THE Four Diamond Award for Old Bahamas Bay by Ginn sur Mer.

dard property while the phys-
ical attributes of the resort
reflected an obvious level of
enhanced quality throughout.

In January, 2007, Ginn
Resorts assumed operations
of Old Bahama Bay by Ginn
sur Mer.

Ginn Resorts is developing

\ Ginn sur Mer, a 2,000-acre

resort community adjacent to
Old Bahama Bay that will
contain more than 4,400 con-
dominium and hotel units,
nearly 2,000 single family res-
idential home sites, signature
golf courses designed by Jack
Nicklaus and Arnold Palmer,



clubhouses, two large miari-)
nas, a private airport, a Monte:
Carlo style-casino, water and)
swim pavilions, a beach club
and a spa.

The $4.9 billion Ginn sur
Mer development will serve)
as Ginn Resorts’ flagship,
Caribbean development. —

GROUP OF COMPANIES

Inventory Closing 08,

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

refined and stylish than a stan-

SST a
For Global Shipping Line

Applicants must have:
e Prior shipping experience
¢ Knowledge of shipping industry
¢ Excellent oral & written skills
¢ Strong negotiation kills










Written applications should be addressed to
P.O. Box CB-12762 (Suite #223)
West Bay Street Shopping Centre
Nassau, The Bahamas ,

VB X11). Aoi




Tuesday APRIL

* JOHN BULL, Abaco
* JOHN BULL, Freeport, GB ~

Monday APRIL

~» JOHN BULL, Harbour Island
-° JOHN BULL, Exuma

/ We the family of the Late felen Veronica McEwen-
Humes wish to thank our many’yelatives and friends for your
Wednesday APRIL prayers, visits, telephone calls, floral arrangements, and other
acts of kindness during our imé of bereavement. ~
Special thanks go out to Rev. Fr. Michael Kelly, Rey. Deacon |
§ Peter Rahming, Rev. Deacon Maxwell Johnson, Monsignor
Preston Moss, Rev. Fr. Stan Kolasa, the parishioners of Qur
Lady of the Holy Souls Catholic Church, the clergy and-
members of the Catholic Archdiocese of Nassau, am
Management and Staff of Dermeritte’s Fun

* COACH, Bay Street

Thursday APRIL

Furuno radar, Furuno fishfinder, Furuno 1650NT
GPS/Chartplotter, Furuno temp, Garmin eo:
fishfinder(backup), head, 32gal live bait well, 230gal gas,
20 gal fresh water tank. Fresh and salt water wash down, §
VHF, Clarion CD, XM, 8 speakers, 1500 watt. shore
power, inverter/charger, 6 battery bank, battery switch.
Taco Grandslam Outriggers, 4 rod holders arch mounted, §
4 flush mounted rod holders, 2 deep drop plug outlets
( 12V OR 24V). 3 bilge pumps. high bilge water alarm
sysiem. 2 tackle storage lockers. 3 lazerettes, new bimini, 5
fresh bottom paint, everything working like new.
Life jackets. Swim ladder.
PRICE REDUCED FOR QUICK SALE:
$49,000.00 FIRM
CALL 394-1377 9am to Spm

* GUCCI, Bay Street

Monday APRIL



* JOHN BULL, Crystal Court, Atlantis

* CARTIER, Crystal Court, Atlantis

* GUCCI, Crystal Court, Atlantis

¢ BVLGARI, Crystal Court, Atlantis
- HAVANA HUMIDOR, Crystal Court, Atlantis

Tuesday APRIL 2 2

- JOHN BULL, Palmdale
- JOHN BULL, Harbour Bay

Wednesday APRIL | 23

¢ JOHN BULL, Mall at Marathon
- GUESS, Mall at Marathon

Thursday APRIL 2 4

* JOHN BULL, Bay Street
* DAVID YURMAN, Bay Street
* CARTIER, Bay Street

Manes ee 2 8

* JOHN BULL, Marina Village

* LA PARFUMERIE, Marina Village

* DOONEY & BOURKE, Marina Village

* JOHN BULL BUSINESS CENTRE,
Robinson Road





BALDWIN

SFimeless Cig Zsmanshyp




y.
tacting Mrs. Delmeta Seymour, —~
Telephone No. 302-1158.

Tenders are to be delivered on or before |
23rd’ May 2008, 3:00 p.m.
and addressed as follows:

Mr. Kevin Basden
General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas




Marked: Tender No. 663/08
Fuel System Repairs
Power Station Site

. Hatchet Bay
Eleuthera, Bahamas

Tuesday N=




» JOHN BULL BUSINESS CENTRE,
Robinson Road





e@
@ FINE, BUILDERS HARDWARE & PLUMBING®

Established 195

Ch arles . Carey

The Corporation reserves the right.to
accept or reject the whole or such part
of any Tender the Corporation

deems necessary.

Dowdeswell Street Tel: 322-1103





THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 17






















































































cM Sa
TS gt
life in Cuba

@ HAVANA

ONLY a month has passed
since ordinary Cubans won the
right to own computers, and the
government still keeps a rigid
grip on Internet access, accord-

- Ing to Associated Press.

But that hasn’t stopped thou-
sands from finding their way
into cyberspace. And a daring
few post candid blogs about life
in the communist-run country
that have garnered internation-
al audiences.

Yoani Sanchez writes the
“Generacion Y” blog and gets
more than a million hits a
month, mostly from abroad —
though she has begun to strike a
chord in Cuba. On her site and
others, anonymous Cubans
offer stinging criticisms of their
government.

But it isn’t simple. ’To post
her blog, Sanchez dresses like a
tourist and slips into Havana
hotels with Web access for for-
eigners. It costs about $6 an
hour and she can’t afford to stay
long given the price and the
possibility someone might catch
her connecting without permis-
sion.

It’s a testament to the inge-
: nuity and black-market prowess
. Cubans have developed living
on salaries averaging $20 a
» month, with constant restric-
. tions and shortages.
The connections Cuban blog-
“gers are making with the out-
side world via the Internet are
irreversible, said Sanchez, who
“this month won the Ortega y
Gasset Prize for digital journal-
ism, a top Spanish media award.

“With each step-we take in

* that direction, it’s harder for the
government to push us back,”
she said.
~ On an island where many
censor themselves to avoid trou-
ble,.Sanchez says Generacion
“Y holds nothing back.

- “Tt’s about how I live,” she
said. “I think that technically,

» there are no limits. I have talked
about things like Fidel Castro,
. and you know how taboo that
can be.”

But she added that “there are
some ethical limits. I would nev-
er call for violence, for
instance.”

Since taking over from his
ailing brother Fidel in Febru-
ary, Raul Castro has lifted bans
on Cubans buying consumer
electronics, having cell phones
and staying in luxury tourist

- hotels.

While the changes have bol-

_Stered the new president’s pop-
ularity; most simply legalized
what was common practice. In a

: typically frank recent posting,
Sanchez noted that many
Cubans already had PCs, cell
phones and DVD players
bought on the black market.



‘ris in place at Atlantis

Caribbean.

Speaking of Ms Cohen’s prede-
cessor Nan Palmer, who will retire
this June, Mr Markantonis said:

“We are so grateful to Nan
Palmer for her eight years of loy-
al service to our business in the
Bahamas.



dent and area general manager of
the Ritz-Carlton, Grand Cayman
—a position she held since 2003.
Her former employers credit
Ms Cohen with helping the Grand
Cayman property being voted the
best Ritz-Carlton in the world and
the number one resort in the

plex businesses, and is well-versed
in the high standards associated
with running luxury resorts and
hotels.”

Ms Cohen will be reporting
directly to Mr Markantonis.

In her most recent assignment,
Ms Cohen served as vice-presi-

ATLANTIS has a new chief
operating officer who has taken
over the mega resort’s day-to-day
operations.

Jean Cohen, a executive of the
Ritz-Carlton in Grand Cayman,
officially took over from her pre-
decessor Nan Palmer on Wednes-

day.

“Tt is with great pleasure that I
welcome Jean to the team,”
Atlantis’ president and managing
director George Markantonis said
yesterday in a statement.

“She brings a fantastic back-
ground in managing large, com-

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CHRISTOPHER JOHN ANSELL (left)

Lordship Sir Burton Hall.

THE TRIBUNE



and Adrian Michael Anthony Hunt (right) with Chief Justice, his

Young attorneys are
called to Bahamas Bar

ON FRIDAY 4th April two
young Attorneys, Christopher
John Ansell and Adrian
Michael Anthony Hunt, were
called to the Bahamas Bar
before the Chief Justice, his
Lordship Sir Burton Hall.

Presenting the Petition of
Christopher Ansell, the son
of Mr John Ansell and Mrs
Maggie Ansell, Ms Leandra
Esfakis noted that in July 2005
Mr Ansell had taken a 2.1

Honours Degree in Law at

Reading University, England,
where he was also a highly
successful member of the
Mooting Team. On leaving
Reading, he joined the 2005-
2006 round-the-world Clipper
Sailing Race and had sailed
from South Africa some 4,300
miles across the Southern
Ocean to Fremantle, Aus-
tralia, involving a great deal
of teamwork in often treach-
erous conditions. He had then
spent a further: four months
travelling in the Far East and
Australasia, gaining useful
experience of other cultures,
before returning to Nassau for
practical groundwork in a

Ea |

—
ee

local.Attorney’s office. In
September 2006, Mr Ansell
embarked on a Bar Vocation-
al Course at the BPP Law
School in London, which he
passed with distinction, being
called to the Bar at the Hon-
ourable Society of the Middle
Temple in July 2007. After
several months working on
the legal team at Bank of
America in London, Mr
Ansell returned to Nassau in
late 2007.

Studies

In presenting the Petition
of Mr Adrian Hunt, the son
of Mr Reginald Hunt and Mrs
Lorna Sands, Mr Kirk Sey-
mour explained that Mr Hunt
had initially studied for a
Bachelor’s Degree in Eco-
nomics at The College of The
Bahamas, before continuing
these studies at the University
of Western Ontario, Canada.
He then returned to Nassau
to work in his father’s con-
struction business. During this
period, he became interested

in contracts and the process
of law, and subsequently trav-
elled to England to further his
education, gaining a 2.1 Hon-
ours Degree in Law and Span-
ish at the University of Buck-
ingham, where he also headed
the first pro-bono society for
the University. In 2006, Mr
Hunt went on to follow a Bar
Vocational Course at the BPP
Law School in Leeds, and was
called to the Bar at the Hon-
ourable Society of the Inner
Temple, London, in Novem-
ber 2007. Since returning to
The Bahamas, Mr Hunt has
among other things undertak-
en volunteer work for the Red
Cross.

Welcoming the new Attor-
neys, His Lordship Chief Jus-
tice Sir Burton Hall remarked
on the background provided
by each set of parents, who
had all been successful in their
various fields of endeavour,
together with the degree of
experience already obtained
by two such relatively young
persons, which he was sure
would benefit them in their
chosen fields.







MONDAY, APRIL 28,



2008

SECTION B e Renter ntti emit



iColina Imperial.

Confidence For Life

‘Three main’ tax incentives
to spark Bay Street revival

* Private sector recommends seven-year real property tax break, Business Licence fee rebate
and customs duty exemptions to encourage rebirth of depressed downtown Nassau areas
* ‘Five core objectives’ set out, with Task Force hopeful some results seen by ‘fall 2008’
* Zones identified for special attention, with private/public sector Task
Force recruiting for managing director to lead transformation

@ By NEIL HARTNELL
Tribune Business Editor

he private sector has recom-

mended “three main” tax

incentives to aid downtown

Nassau’s revitalization that
it hopes will be included in the 2008-
2009 Budget, and identified specific
areas it believes they will help to
upgrade.

Tourism and Development Board’s
(NTDB) chairman told The Tribune
that the proposed incentives package
was “really critical” to reviving
depressed areas in downtown Nassau,
such as the area east of the East Street-
Bay Street junction.

A number of such “zones” had been
identified, Mr Klonaris said, adding: “I
think it’s important government incor-
porate the recommendations we have.

would like to have, and hope they will
be incorporated in the 2008-2009 Bud-
get.”

The first incentive/break in this pack-

age would allow property and business .
owners in these zones to import free —

of all customs duties the materials need-
ed to build, reconfigure, reconstruct
and furnish their properties.

Mr Klonaris said the private sector
had also recommended real property

and some kind of business licence fee
credit according to the level of invest-
ment a business/property owner made.

Mr Klonaris said the terms of any
business licence fee rebate still needed
to be “fine-tuned” and worked out, and
added that the Government should
develop a process for expediting per-
mits required by all entrepreneurs and



Charles Klonaris,

the Nassau

There are three main incentives we

tax exemptions for a seven-year period,

SEE page 8B

Our Lucaya occupancy 15% ‘below expectations’

@ By NEIL HARTNELL
Tribune Business Editor

GRAND Bahama’s Our
Lucaya resort saw average
occupancies for the peak
March 2008 month drop 15 per
~ cent below expectations to 55
per cent, as a senior Bahamas-
based executive for its owner,
Hutchison Whampoa, said he

$16m fish farm investor

Pace of Hutchison’s $75-80m Silver Point project to depend on demand

was unaware a $250 million
offer for the property had been
rejected.

Jon Markoulis, president of
Hutchison (Lucaya) Ltd, told
The Tribune he had not heard
of reports reaching this news-

paper that the Hong Kong-

sees renewed hope

@ By NEIL HARTNELL
Tribune Business Editor

AN investor whose proposal
for a multi-million dollar fish
farm on Inagua was held up
amid a furious spat with the
former Christie administration
is now hoping the project can
go forward under the new gov-
ernment, his. attorney told The
Tribune.

Ocean Farms was listed as

SEE page 4B

Sponsored by oN

Sut :
Drive a Honda ar and get up to
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* Aquaculture promoter
denied by Christie
government believes
Inagua project could
become ‘$1bn industry’

* Estimates three-year
build-up, with 250 jobs
created and markets in

_ US, Japan and Europe
to diversify economy

Bay Street

plaza’s $12-

13m rebirth
to take year

@ By NEIL HARTNELL
Tribune Business Editor

DEMOLITION of down-
town Bay Street’s Moses Plaza
should begin “any day now”,
with its redevelopment into an
upscale $12-$13 million prop-
erty likely to take one year

| from when work begins.

Charles Klonaris, the Nas-
sau Tourism and Development
Board (NTDB) chairman, who
with his two brothers acquired
the Moses Plaza last year, said

SEE page LB



based conglomerate had reject-
ed that sum for the flagship
Grand Bahama resort.

He said: “We are not aware
of anything-like that here.It’s
not something we know of
here.” .

Instead, Mr Markoulis said





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iS Colinalmperial.

Contidence For Lite

Hutchison and its hotel brand
franchise partners, Starwood’s
Westin and Sheraton labels,
planned to put Our Lucaya
“back on a healthy footing” as
soon as the Bahamian tourism
market improved.

Hutchison, he added, had at

THE DAVIS FAMILY







year-end 2007 “switched over
from a management to a fran-
chise agreement” with Star-
wood for the property.
Denying reports reaching

SEE page 12B

One family many need = For
a solid financial foundation and

Cauca
UATE
TT UTS TT
ATL ee

| @ By NEIL HARTNELL
- Tribune Business
Editor

| THE Gov-
ernment has

| “formalized”

| a partnership

| with the

| Massachusetts
Institute of
Technology
(MIT) to con-

| struct a
framework

| for sustainable develop-
ment planning throughout

’ | the Bahamas, a senior gov- |

ernment minister told The
Tribune.
Dr Earl Deveaux minis-
ter of public works and
transport, said: “We have
formalized an arrangement
with MIT to engage in sus-
tainable development plan-
| ning, in a relationship and |
!in partnership with the

Bahamas, on an ongoing
_ basis.”

He explained that the
partnership, with MIT’s
School-of Architecture and
Urban Planning, was one
strand “of a very specific
response to a number of
issues” related to planning.

This alliance, Dr
Deveaux added, was



SEE page 6B

ii



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THE TRIBUNE

PAGE 2B, MONDAY, APRIL 28, 2008 ; |

Commonwealth
Bank’s profits
rise by 10.2
per cent

COMMONWEALTH Bank
shrugged off the ‘doom and
gloom’ starting to envelop many
players in the Bahamian econ-
omy during the 2008 first quar-
ter, as net income rose by 10.2
per cent to $12.8 million, up

from $11.6 million the year.

before.
The BISX-listed bank saw

total assets for the three months’

to March 31, 2008, increase by
$53 million to a record $1.23

billion, with earnings per share
(EPS) for the period up 11.8
per cent to $0.115 from $0.103
the year before.

Annualised return on com-
mon shareholder equity fell
slightly to:37.5 per cent, com-
pared to 39.3 per cent the year
before, while return on assets
also dropped from 3.9 per cent
in the 2007 first quarter to 3.75
per cent.

“The decline in these ratios

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reflected the downward pres-
sure on net interest margins as a
result of the tight liquidity expe-
rienced in the economy in the
first quarter,” said T. B. Don-
aldson, the bank’s chairman, in
a statement.

“Diligent management and
the momentum created by the
opening of the Golden Gates
branch in 2007 contributed to
the bank’s continued growth.
The Golden Gates branch’s
growth, which exceeded expec-
tations, has acted as a catalyst to
our overall performance.”

Following last year’s three-
for-one stock split, Common-
wealth Bank said its share price

~ had stabilized in the low $7

range, an increase of 50 per cent,
over 2007 comparatives.

Commonwealth Bank is pay-
ing an extraordinary dividend
of $0.06 per share on April 30 to
shareholders of record as of
April 15, and has increased its
quarterly dividend to $0.05 per
share from $0.04.

“We have made a very posi-
tive start to what is widely
regarded as being a very chal-
lenging year,” said Mr. Don-
aldson. “We are obviously con-

_ cerned about the economic

uncertainty in the US and are
monitoring the potential impact
on the Bahamas through both
tourist arrivals and capital pro-

' ject inflows.

“Nevertheless, the bank will
continue to serve its loyal cus-

tomers and prudently manage
its resources. It is in difficult

times that we distinguish our-

selves and I am confident that

our loyal and hardworking staff
will continue to make Com-
monwealth Bank a Bahamian -
institution of which we can all

be proud.”

Si tt atc et Mh

FREQUENTLY ASKED QUESTIONS
Q, Can I withdraw U.S. Dollar finds while I am shopping in Florida?
A, Yes. Customers of Bank of The Bahamas International will be permitced to withdraw funds,
in US. Dollars, ac BOB Financial Services, Inc. Such withdrawals, however, will be subject to

Bahamian Exchange Control Guidelines.

Q. Will I be able to open a U.S, Dollar account at BOB Financial Services, Inc.?

A. No. BOB Financial Services, Inc., will not offer US. Dollar account facilities at this rime.

Apply for VISA Credit & Pre paid Cards It will serve as'a customer service extension of the Bank's Bahamas based offices and service
Apply for Loans

centres and will allow customers access to their funds for multiple purposes, within Bahamian
Exchange Control Guidelines. .

Q. Will BOB Financial Services, Inc., be able to open accounts for persons wishing to conduct

Access Private Banking & Trust Services
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

@ Trade Finance

(All within the Exchange Conttol Guidelines of The Central Bank of The Bahamas). regulatory guidelines.

A AMO a Ahh ct AT a Aa A A ta ae ne





THE TRIBUNE



a are Eee er

Bank: 51 per

cent of loans
in arrears

‘Mi By CARA BRENNEN-
BETHEL
Tribune Business

Reporter

T H Ef
Bahamas} |
Development
Bank (BDB) | @
has vowed |
that there will |
be no “sacred |
cows and no
untouch-
ables” in its
aggressive
campaign to
collect $29 million in past due
loans, some 51 per cent of its
total loan portfolio, its chair-
man warning that failure to col-
lect was pushing the institution
towards bankruptcy.

Darron Cash

Darron Cash said that if the .

BDB was to remain financially

viable and continue to finance’

Bahamian entrepreneurs, it
must collect on its outstanding
arrears.

Mr Cash announced that the
BDB had established a grace
period until May 30, 2008, for its
delinquent clients, allowing
them to make payment arrange-
ments with its loan officers.
During the grace period, the
BDB will suspend all legal
actions and strenuous collection
activities, including issuance of
demand letters. The campaign
will also feature an aggressive
media ad campaign. ~ —

Mr Cash said the BDB was
aware of the economic and
financial climate its borrowers
wee operating in, and the prob-
Jems that may hinder their loan
repayments. As a result, the
bank intended to be as sensi-
tive and reasonable as possible
during the grace period.

After that. Mr Cash vowed

.:



‘Aggressive’ collection
campaign for $29m launched,
as BDB vows no ‘sacred cows

and untouchables’ in effort
to remain solvent

that the BDB will spare little

effort in recovering its assets.
Calvin Knowles, the BDB’s

managing director, added that

that the bank was targeting all:

clients with delinquent accounts
during the process, even those
accounts which it may have
written off previously.

Mr Cash added that for a
long time, the BDB’s record in
debt collection has been less
than stellar.

Absence

“The absence of consistently
vigorous and serious collection
efforts has given many delin-
quent borrowers the mistaken
perception that repayment is
optional. In many instances,
borrowers with the ability to
pay have simply refused to hon-
or their commitments,” Mr
Cash said.

“For various reasons, certain
borrowers have been viewed
and treated as untouchable. As
a result of these anemic collec-
tion practices, the Development
Bank has been on the inevitable
path to bankruptcy.

“As of December 31, 2007,
the bank’s unaudited financial
statements reflect a total loan

portfolio of | $56.4 million..OF J
that number, $29. million, or 5)"
f eda.the, gakeenny, of.




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Unlimited meals and beverages 24/7
Champagne upon arrival
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non- performing. Only $27.4
million or 49 per cent are in
good standing.”

Mr Cash added that the BDB
had been sustaining losses on a
consistent basis for a very long
time. For the year ended
December 31, 2007, the audited
results will reflect a continua-
tion of this negative trend.

Mr Cash explained that since

~ their appointment on July 1,

2007, the new Board of Direc-
tors had been resolute on two
points - to increase the range
of access to funding for Bahami-
ans who wanted to participate
in their country’s advancement
as owners of business enter-

. prises, and to develop its exist-

ing business models to remain
financially viable and ensure it

‘achieves its overall legislated

mandate.

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MONDAY, APRIL 28, 2008, PAGE 3B

Vacancy for the position of:

MANAGER, CREDIT RISK

Core responsibilities:



¢ Develop/promote/support, on an ongoing basis, improvements

to credit processes/procedures which will ensure the delivery
of the most cost-effective and efficient services to customers
without compromising effective management of risk.
Ensure compliance with the Bank’s credit policies and
procedures.
Adjudicate Credit Proposals within delegated authority.
Adjudicate/recommend and present Credit Proposals in.

excess of delegated authority to appropriate Credit Committee. |

e Remain current on macroeconomic factors within the local
economy and their potential effects on the Banking Industry
in general and apy specific Bank customer business.

e Ensure that the Bank’s delinquency and non-performing
ratios are maintained within the established guidelines.

¢ Monitor quality of Bank’s asset portfolio via relevant
reports.

e Oversee the conduct of reviews of the Credit Portfolio to
ensure that the integrity is being maintained.

e Assist in the development of training courses for Consumer
and Commercial Lending Officers.

e Manage the Bank’ s Loan Loss 5 Erovaponiig and Write Off
process.

Knowledge, Skills and Abilities:

¢ Bachelor’s Degree and five or more years of credit experience.
¢ Strong accounting and financial analysis skills.

e Strong negotiation skills.

¢ Detailed knowledge of Credit and Collections.

¢ Core knowledge of legal practices and documentation.

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

Interested persons should apply no later than May 2, 2008 to:

DA #62008
c/o. The Tribune .
P.O. Box N3207
Nassau, The Bahamas




















TEACHERS AND SALARIED
WORKERS CO-OPERATIVE CREDIT
UNION LTD.

THE NOMINATIONS COMMITTEE

wishes to announce that applications are now being invited from all

-as candidates for the seats to become available on either the board
of Directors or the Supervisory Committee at the 31st Annual General
Meeting to be held on Saturday May 24, 2008. <3

All members interested in serving in either capacity should collect an
application form from any office of the Teachers and Salaried Workers
Co-operative Credit Union Limited offices in Nassau, Freeport or Abaco.

The qualification for each post is available upon request.
e
‘Completed applications, along with other information requested ‘should
be returned to any of the offices on or before the clase of business on

Wednesday April 30, 2008.

All Resolutions must also be submitted by Wednesday April 30, aos.

Any application, not fully completed or without the requested supporting
information, or received after the aforementioned date will not be eligible
for consideration.

“TEACHERS AND SALARIED WORKERS CO-OPERATIVE CREDIT
UNION LTD. SERVING THE WHOLE BAHAMAS”

qualified members who wish to be considered for recommendation

es

5
1
h;
‘



a ct a

pa ceca

SBN a lata SA TTR



mene ESI aaneNnTneaT



PAGE 4B, MONDAY, APRIL 28, 2008

THE TRIBUNE



Cable Beach Pediatrix
Office of Dr. Jerome Lightbourne
PEDIATRICS/PEDIATRIC CARDIOLOGY



Key Responsibilities
Required to skillfully prepare international cuisine.
Assist in ordering food supplies and kitchen equipment as needed.

Qualifications

Above Rubins
Cable Beach
gy il ee yy At VL YE:
Fax 327-8749

points of cooking.

Announcing the Opening of

FROM page 1B

’ investment, No.55 among the
projects approved by the
Ingraham Cabinet since it took
office last May, documents
tabled in the House of Assem-

. bly last week showed, but the
project’s Bahamian attorney,
William Holowesko, said he
and his client were still wait-

Baker's Bap

Great Guana Cay, Abaco
The Bahamas

EMPLOYMENT OPPORTUNITY

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

Sous Chef

Will be required to oversee majority of cooking and methods of food
preparation.

Along with the Executive Chef, instruct kitchen employees in the finer

Assist in planning meals; making of menus, and assigning prices.
Assist in butchering and/or prepares meats and poultry for cooking.

High School diploma or equivalent

Culinary degree from approved school or completion of an approved
apprentice program is preferred :

5 to 10 years in different supervisory positions in the kitchens
including sous chef and/or chef d’ cuisine position.

Previous experience in a hotel or private club preferred.

Highly skilled cooking ability in all areas of kitchen including the ability
to prepare various ethnic cuisines.
Experience working in multiple operations preferred.

A minimum of two years international experience an asset.
Experience in opening a property a plus

The successful candidate will have the opportunity to work in a growing
and dynamic organization and must be a self-starter, team player, work
at the highest standards of performance, and meet deadlines.

If you are progressive and prepared to advance your career,

ing to sign a Heads of Agree-
ment with the Government.
Mr Holowesko’s client is
California investor George
Lockwood, who had planned
to grow and export a wide
range of fish, including salmon
and assorted shellfish, from the
Inagua aquaculture farm.
However, Mr Lockwood
walked away after he accused
the former government and
certain officials of “duplicity”
and negotiating in bad faith.
Since the change in govern-
ment on May 2, 2007, meet-




















#2- 4

INVITES
ALL YOUNG PERSONS AGES 13 THROUGH 19
YEARS TO ENTER

ON THE FOLLOWING TOPICS:
“tdeas For Effective Solutions In My Bahamaland”

#1- 800 words (for
“Describe what you think are the major social
problems facing The Bahamas today (for example:
the family, education and religion), and give your

suggestions for addressing them.”

1° Prize $500.00
2" Prize $300.00
3° Prize $150.00

“Briefly describe the major social issues facing
young Bahamian adults today and give attainable
solutions to address them.”

ings have been held between
Mr Lockwood and officials in
the new Ingraham administra-
tion, Mr Holowesko said, with
signs that the current govern-
ment is more favourably dis-
posed to the project than the
former administration.
“We’re waiting to have the
Heads of Agreement signed,”
Mr Holowesko told The Tri-
bune. “We’ve been waiting for
it for quite some time.” Mr
Lockwood first began seeking
government approval for
Ocean Farms some five to six



‘EXPRESS YOURSELF & WIN VALUABLE PRIZES’
THE YAMACRAW FREE NATIONAL MOVEMENT

NB NS Gee

ages 13-15 years)

a Prize $800.00 or Laptop
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RULES & GUIDELINES
1. Typed work preferred.
| 2. Size12 font and double spaced.
| 3. Ensure pages are numbered and each page has your name,

telephone number & email —_ address if possible.
4. Participants are requested to keep a copy of their entry in their |
possession.

' 5. No pornography or obscenity will be judged.
| 6. Individuals must have knowledge of subject matter as an
interview with the judges will be .part of the process for the
two best essays in each category.

| 7. Research is encouraged but your work should be in your own
words as much as possible.

} 8. There will be a small entry fee of 35.00 per application/entry.
- You are encouraged to submit only one essay.









APPLICATIONS CAN BE PICKED UP FROM OUR
HEADQUARTERS IN EASTERN ESTATES OR FROM THE
i NATIONAL HEADQUARTERS ON MACKEY ST.

WINNING ENTRIES WILL BE PUBLISHED IN THE

’ NEWSPAPERS AND PRESENTATIONS WILL BE

PHOTOGRAPHED.

ALL ENTRANTS WILL RECEIVE CERTIFICATES OF

PARTICIPATION

$16m fish farm investor
sees renewed hope

years ago, his attorney saying
he would likely have been less
patient than his client in deal-
ings with the Bahamian gov-
ernment.

Mr Holowesko added that
Mr Lockwood had estimated
Ocean Farms would take a
three-year build-out to become
fully operational, the first year
involving construction, the sec-
ond nurturing fish and the
third to reap the benefits from
selling that first harvest.

“He anticipates that it will
be a $1 billion industry in very
short order,” Mr Holowesko
said of Mr Lockwood. The
project is forecast to employ
some 250 persons, selling fish
for consumption in both the
Bahamas .and abroad.

Inagua is seen by Mr Lock-
wood as providing the perfect
climate for his aquaculture pro-
ject to succeed, giving access
to a regular supply of cold,
deep ocean water. The island
also has an airport and good
shipping services provided by
the vessel that comes in once a
week to service Morton Salt
and take away salt.

Listed in the National Eco-
nomic Council (NEC) papers
tabled by Carl Bethel, minister
of education, youth and sports
last week, as being a $12 mil-
lion investment, Mr
Holowesko said of Ocean
Farms: “It’s going to cost more
to build. The price of every-
thing has gone up. Mr Lock-
wood thinks it’s now $16 mil-
lion.”

Mr Holowesko added that if
Ocean Farms did go ahead and

. come to fruition, it would help

to diversify the Bahamian
economy, providing another
source of foreign exchange
earnings in a landscape where
‘all our income seems to be in
the tourism basket”.

Economic diversification is
especially critical on Inagua,
given that the island depends: «
on Morton Salt to provide 65°
per cent of all employment.
Most other jobs come from
either government or spin-off
businesses directly dependent
on Morton Salt.

“It will have the capacity to
sell all over the world,” Mr

Holowesko said of Ocean

Farms. “Mr Lockwood
believes he can make fish avail-
able for the price of chicken.
He thinks there’s a huge mar-
ket for this.

“He’s a very astute, educat-
ed man and believes he’s like
Henry Ford when he started
the automobile. He’s doing
something new that no one
else has done. It’s something
different. It’s not a tourism
development.”

Mr Lockwood was said to be
targeting export markets as far

submit your resume to the attention of the Director of HR &
Training, _ hr@bakersbyclub.com or by fax at 242-367-0804.

afield as Europe and Japan,
believing he could sell into the
latter for $200 per pound. Dis-
tributors are already said to be
lined up, including Whole
Foods in the US. ©







TH

Tel: (242) 324-9550

“Becoming the Employer of Choice in The Bahamas!” : 7
Email: famyamacraw@gmail.com



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See in store fi
further detai

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393-5310





THE TRIBUNE



i eae eC eas
Bahamas a ‘pilot
for tourism
disaster plan

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

THE Bahamas is working
with Caribbean disaster
response agencies to reduce the
vulnerability of its tourism
industry to natural hazards.

In one-day workshop held at
the Nassau Wyndham Resort,
and staged by the Caribbean
Disaster Emergency Response
Agency (CDERA), Bahamian
tourism officials and National
Emergency Management
Agency (NEMA) staff dis-
cussed how the Bahamas and
the entire. region can better
recover in the event of a natur-

al disaster.

The event is part of an ongo-
ing initiative to sensitise the
region on the affects natural dis-
asters can have on a country’s
tourism product, the aim being
to prepare a strategy and action
plan for Disaster Risk Manage-
ment.

Funding

Funding for the initiative was
provided in part by the Inter-

American Development Bank '

(IDB), which gave an $800,000
grant, and by CDERA, the
Caribbean Tourism Association
and CARICOM, which togeth-
er gave another $200,000 to the
project.

Established Bahamian Company in Construction,
Service and Retail
Is looking to hire an energetic and ambitious Bahamian person as

MANAGER

Salary plus incentive scheme. Also possible share
purchase option. Reply in writing with resume

“MANAGER”, P.O. Box CB-11541

The Annual General Meeting for the
Free National Movement Women's
YC ova TCM UT IM XM LC MM MLE Ey
11st May 2008@7:30 sharp at Free
National Movement Headquarters,
Mackey St. Please plan to attend]



Franklyn Michaels, part of
the three-person CDERA
team, gave a presentation on
the initiative during Friday’s
workshop and explained to The
Tribune the purpose of the
event.

. “What we are having here is a
country consultation, because a
number of countries have been
selected as pilot countries,

including the Turks and Caicos, '

the Bahamas and Jamaica, the

Dominican Republic,” he said.

Mr Michaels said CDERA
was trying to change the way
people look at disaster man-
agement.

He added that the widely-
held perception is that the
Caribbean does not have “a
wide range of threats, and that

disaster management is only a '

sometimes thing done by disas-
ter agencies like NEMA when
the hurricane season comes
around”.

It is hoped that through this
initiative Caribbean, countries
will look beyond only consid-
ering hurricanes or floods as
major natural disasters, and
start appreciating that various
other hazards can also have a
disastrous impact on tourism,
he said.

Mr Michaels explained that
a draft strategy will be refined
and adjusted as CDERA travels
to the various countries, and
that the final plan will then
hopefully be adopted by the
region. “[It is] important for the
Bahamas, especially when you
consider what tourism means
for the Bahamas, to think of the
negative impact of a major hur-
ricane on this archipelago, and
so what we are saying is lets
look at all of the risk. What do
we do when something happens

‘and what do we do to recover,”

he said.

POSITION AVAILABLE

GLOBAL UNITED LIMITED is looking to employ a CHIEF OPERATING OFFICER.
The successful candidate will be required to meet the following criteria:~

RESPONSIBILITIES

¢ Supervise all staff, providing general staff management and allocating staff

MONDAY, APRIL 28, 2008, PAGE 5B

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THEWESTIN ©&

GRAND BAHAMA ISLAND Sheraton
OUR LUCAYA Grand Bahama Island

OLE R LUCAY LU CAYA
Resort

EXCELLENT CAREER OPPORTUNITY EXIST FOR

Director of Engineering

Candidate will be responsible for leading a 70-member
team and the overall management of and maintenance of
the entire hotel. Should be highly skilled in all aspects of
engineering, inclusive of mechanical, electrical, HVAC
systems and related equipment in accordance with energy
conservation and preventative programs.

Director of Golf

The qualified applicant should be certified from a recognized
PGA program and must be able to demonstrate a high level of
competence in playing the game. The position involves working
with a team of dedicated teaching professionals within a golf
school and the daily management of two 18-holes golf courses.

A minimum of tén years golf experience in a managerial
A minimum of seven to ten years management experience capacity, exemplary customer and human resources skills,
in a major hotel facility within the engineering field.A —_ proven experience in cost and revenue management,
Bachelors degree in Engineering, Technological proficiency forecasting.and training.

in computer programs, Excel and Microsoft word.
a a
Asian Sous Chef Executive Sous Chef
Successful candidate will support and assist the executive

This successful candidate will assist the executive

chef and oversee the day-to-day culinary chef by overseeing the day-to-day culinary and banquet

operations of the hotel’s “fine dining” room, train operations and will train and supervise staff and monitor
food quality.

and supervise staff and monitor food quality.

Position requires creativity in culinary, budgetary
analysis capabilities. Knowledge in writing menus, sanitation

A minimum of two years experience as an Asian
Chef de cuisine in a resort or hotel with multiple food

outlets and 500+ rooms. Thorough knowledge in Thai,
Chinese, Japanese and Korean cuisines. Bachelors

or culinary degree from an accredited institution
preferred.

standards and applicable health codes. Minimum of

3 years experience as an executive sous chef in similar
size operation with multiple food outlets in excess of
75,000 square ft. Culinary or apprenticeship program

preferred.

Sales Manager

This aggressive, result oriented candidate will be responsible
for the soliciting of group business that will enable the hotel
to meet and/or exceed revenue goals in room and food and
beverage and will be required to conduct property site
inspections.

resources while monitoring professional development.
Lead financial oversight including budgeting, growth modelling, cash flow
management and related functions.

* Provide leadership and oversight for all operational functions.
Contribute to strategic decisions as a member of the firm's leadership featit,

* Develop systems and processes that support the firm's business development
activities.

Assistant Controller

Will lead, direct and manage the accounting
Department and produce accurate, efficient and
relevant operational information for the Resort.
perform regulatory audits, formulation, compilation
and presentation of forecasts, budgets, financial
statements and reports.

EDUCATION REQUIREMENTS
* Bachelor degree or higher

«CPA designation Basic computational and budgetary analysis capabilities

required. Thorough working knowledge in Excel, Delphi
and Microsoft word. Extensive knowledge of sales and hotel
and competitive market. Bachelor’s degree preferred. At
least 3 years experience in hotel sales preferred.

A minimum of 5 years experience in accounting,
finance or related field with at least 3 years

experience in the management and administration of
an operational or accounting department. Proficient in
Excel, Word and Delphi. Bachelor’s Degree preferred,

Pastry Chef

Candidate will manage and coordinate pastry
production of a volume food operation with a minimum
of 8 restaurant outlets and banquet operation in excess
of 90,000 square feet indoor/outdoor with emphasis on
plated and moder buffet set up techniques.

EXPERIENCE

* At least five years work experience in a consulting business or comparable busi-
ness or firm.

° Significant experience in overseeing and implementing operations functions,
Inanaging complex projects and supervising staff.

* A proven track record of entrepreneurship.

SKILLS

© Strong leadership and management skills.

* Excellent communication skills

* Quistanding skills in analysis.

* Ability to manage and advance multiple tasks and responsibilities at the same
ime.

« Ability to work in a dynamic, fast-paced environment.

Extensive knowledge and experience in sugar and

chocolate work, pastillage showpieces and must

be capable of preparing dessert, plated and buffet

presentations, Culinary degree from an accredited

Institution preferred.

Salary commensurate with current salary scales, skills,
qualifications and experience.

Deadline for Submission of Résumés is April 30th, 2008

We offer exceptional pay and benefits.
Qualified applicants should submit their resumes in writing no later than May 15, 2008 to:
ourlucayajobs@starwoodhotels.com
The Westin and Sheraton Grand Bahama Island Our Lucaya Resort
Attn: Human Resources
P.O. Box F-42500
Freeport, Grand Bahama

Please forward cover letter and résumé via mail, fax or email to:-

Human Resource Department
Global United Limited
P.O. Box CB-13838
Nassau, Bahamas-

Re: Chief Operating Officer

Fax: 242-377-1261





PAGE 6B, MONDAY, APRIL 28, 2008



Chief Engineer’! ject “Manager position available at

prestigious private island resort in the Bahamas. Minimum
of 5 years of professional experience in U.S./Caribbean
resorts/private clubs. Qualifications should include experi-

ence with power plants, reverse osmosis water generation
systems and general construction skills and management.

Excellent benefits package based on experience level,
including housing.
Interested persons should fax resume to 242-347-5004
’ or email to tstewart@catcayyachtclub.com

N ET W OR K §



THE TRIBUNE



Government planning partnership with MIT

FROM page 1B

designed to address a shortage
of planning personnel in the
Bahamas, and provide “a com-
prehensive overview of the
changes we need to make in
our approach”.

Dr Alia Sabur, an MIT grad-
uate, who produced a thesis
paper on planning in the
Bahamas, said development in
this nation had now reached
“a crucial tipping point”, and
needed to become more “sus-

CAREER OPPORTUNITY

SYSTEMS ADMINISTRATOR

IndiGO Networks is a growing telecommunications company based in Nassau,
Bahamas. The company. has a 17-year history in offering innovative technology
and telecommunications solutions to consumers in The Bahanias and has an exciting

opportunity for an experienced Systems Administrator.

Applications are invited from motivated individuals who possess a MCSE and have
a minimum of 5 years in a technical support role with experience in the following:

¢ In depth knowledge of Windows2000/2003 server and active directory.
¢ Group policies and administration, user administration, and general security

practices related to windows ,

¢ Working knowledge of Exchange, DNS, IIS, SNMP, and NTP
* Working knowledge of backup software, centralized storage and antivirus

solutions

¢ Cisco Routers, switches (LAN), TCP/IP routing, addressing and troubleshooting

desired

¢ Experience with VMWare and server virtualization desired
* Experience with systems monitoring/reporting desired

° Good oral! and written skills

Salary is commensurate with qualifications.

Only residents with the right to work in The Bahamas

will be considered.

Interested candidates should submit their resumes in writing to:

Attn.: Human Resources Manager
P.O. Box N-3920, Nassau, Bahamas

Fax: 242-677-1050

pot

facet aso.

Hoe hoiege

ie .

E-mail: hr @indigonetworks.com



PUBLIC HOSPITALS AUTHORITY
JRADOUNG AND DEVELOPMENT UNIT

ORPORATE OFFICE

ADVERTISEMENT

POSITION
ADMINISTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from suitabl
ualified employees for the post_of Administrative Assistant III,
Caen 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 e

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 man
xcel, Microsoft Word and Microsoft Power

within the unit
Point Programmes.

ement

Work on special assignments on behalf of the Deputy Director

of Training or any Training Man

er in the unit in order to

ensure well rounded exposure and experience.

Prepares pro 1m
seminars and training courses.

ammes and training materials, workshops,

Responds to oral and written queries as directed.

Conducts research, prepares conclusions, compues and types
statistical reports and spreadsheets as directed.

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.
Li

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 i
Department no later than 28" April, 2



or 3 Terrace Centerville vest), through your Head of

tainable and equitable”.

The paper added that land
use and infrastructure planning
in the Bahamas had tradition-
ally been “reactive”, with the
master planning burden falling
on major private sector devel-
opers and investors. As a
result, development policies
had become driven by invest-
ment incentives and “guide-
lines based significantly on
ability to invest”.

“This site-specific, invest-
ment driven model of planning
and pattern of development,
which chiefly responds to those
who come shopping, has result-
ed in significant development
oversight and spatial mis-
match,” the MIT thesis noted.

This was especially evident
in the comparisons between
the infrastructure and public’
services present on New Prov-
idence and Grand Bahama
when compared to the Family
Islands. These islands were
now experiencing enormous
strain and pressure due to their

increasing, attraction for for-
eign direct investment projects.

“This has resulted in
increased physical develop-
ment and subsequent popula-
tion growth. The explosive
growth and rapid physical
development currently being
experienced on several islands
throughout the Bahamas has
placed extreme demands on
human resources, and has
threatened the environmental
integrity of land and marine
resources in certain areas,”
Dar Sabur’s paper said. |

“In terms of development,
the Bahamas currently stands
at a crucial tipping point. If
development is to become

_more sustainable and equi-

table, a paradigm shift is nec-
essary whereby market driven,
project-by-project develop-
ment that simply responds to
those who come shopping

" requires review.

“The Government -of the
Bahamas should seek to devel-
op a land use framework that

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identifies land use objectives,
sets priorities, and implements
sustainable means of achiev-
ing social and economic goals.
Any development small or
large - whether local or foreign
direct investment - would tie
in closely with the overall
development goals and objec-
tives.”

Among the main objectives
suggested by Dr Sabur were
better environmental resource
management, identification of
areas that needed to be pre-
served and protected, and safe-
guarding Bahamian access to
the sea and beaches.

Basic land use plans, zoning
regulations, sites of public
infrastructure and public ease-
ments also needed to be iden- ,
tified.

Dr Sabur’s paper added:
“Unique planning dilemmas
faced by specific islands would
also be addressed. For exam-
ple, New Providence is chal-
lenged by vexing traffic and
congestion issues, while Abaco
must deal with the influx of
sizeable enclaves of informal
Haitian settlements.

“Harbour Island struggles to
maintain a balance between
historic preservation and mod- .
ern development, while the
workforce in the Exumas faces
a shortage of affordable hous-
ing options. Those living on
the island of Bimini are expe-
riencing social tensions related
to the importation of work-
force and the establishment of
exclusive foreign enclave com-
munities. As such, the focus of
each plan will speak to the
unique challenges of each
island, while tying into the
overarching economic, social
and environmental goals.” -

| JOB OPPOTUNITY |

/ Dean's Shipping Company has an immedi-

ate opening for an experienced Maintenance
Mechanic. }

The individual should have at least 10 years
expereince as a diesel mechanic with welding
experience. Successful candidate must be self
motivated, possess a strong work ethic, experi-
ence with diesel engines, tractor head, and trailer
| repairs.

Please respond to:

Deans Shipping Company
P.O. Box EE-17318
Telephone 356-6672, 356-6673


















@e

aw



THE TRIBUNE



MONDAY, APRIL 28, 2008, PAGE 7B



Tropical Shipping buys Miami firm

TROPICAL Shipping has
agreed to acquire Miami-based
Caribtrans Inc, a provider of
less-than-container load and full
container load consolidation
services from the US to the

Caribbean and Central Ameri-_

ca.
Caribtrans’ management
team and headquarters will con-
tinue to be located in Miami,
and the company will remain a
separate brand entity. Carib-
trans will also continue to oper-
ate through its own existing net-
work of agents and offices
throughout the Caribbean and
Central America. "We have

long admired Caribtrans and.

customer relations, satisfaction
and retention,” said Rick Mur-
rell, Tropical Shipping’s chair-
man and president. "While the
acquisition is relatively small in
relation to our total volumes,
adding about 4 per cent to
expected revenue growth, this is
an exceptional strategic fit for us
that increases our less-than-con-
tainer-load business into mar-
kets that are important to our
long-term success. We are excit-
ed to expand our service offer-
ings to include the Caribtrans
brand.”

Manny Sola, president of
Caribtrans, will remain in his
current position as leader of the

report to Rick Murrell.

Mr Sola said: "We are really
thrilled about the combination
of these two great companies.
This acquisition will continue
to. allow our customers and

agents to enjoy the unbeatable
service and reliability that has
been a trademark of both our
companies, while creating new
opportunities for our employ-
ees.”

a BAHAMAS

S i yet a.

——~ LIMITED

MGS aes aS |

COMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT
CLE/qui/01384

Common Law & Equity Division
IN THE MATTER of the Quieting Titles Act, 1959
AND

IN THE MATTER OF
ALL THOSE pieces parcels
or lots of land having the
number 1 and 2 on a plan of
a Subdivision of Allotment
Number 16 of the Sandilands
Allotments situate in the
Eastern District of the Island
of New Providence one of the
Islands of the Commonwealth
of The Bahamas

AND

IN THE MATTER of the Petition

‘their reputation for excellent | Caribtrans organization and will

WANTED

The position of Island Manager for Nassau is
open. A brief summary of the position is described
below. If you are interested in applying please
provide, by mailing to P.O. Box EE-15043 or call
424-0633, please include in the application a
detailed description of how you are qualified for
the position.

* oO.
Bahamas Supermarkets Limited operates a leading super- NELLIE A. SAUNDERS
market 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.

NOTICE

THE PETITION OF NELLIE A. SAUNDERS in respect of:-
“ALL THOSE pieces parcels or lots of
land being a portion of Allotment Number
Sixteen (16) of Sandilands Allotments situate.
in the Eastern District of the Island of
New Providence and is bounded as follows
NORTHWARDLY by Pine barren or
Golden ‘Hill Road and running thereon
One Hundred (100) feet EASTWARDLY
by Allotment Number Seventeen (17) and
ruaning thereon One Hundred (100) feet
SOUTHWARDLY by land now or formerly
the property ' of thlehem Securities
Limited and running thereon One Hundred
and Fifteen (115) feet WESTWARDLY by
a Road Reservation Thirty-four (34) feet
wide and running thereon Eighty-five (85)
feet and NORTHWESTWARDLY by the
said Road Reservation and running thereon
Twenty-one (21) feet.”

An opportunity for Management Trainees (Future Leaders)
exists in New Providence and Grand Bahama to join this
market leader.



Reporting to the Head of Retail Operations, the successful
applicants will;





¢ Be self-motivated and highly energetic.

¢ Have effective supervisory skills

° Be highly flexible and mobile and prepared to work
evenings, weekends and holidays

¢ Have a clean police record, drivers license, good
character references and be physically fit

e Have a university degree or currently in final year

¢ Have good communication (verbal and written) and
interpersonal skills

¢ Be numerate and analytical with the ability to
derive information from financial reports

¢ Be a strong problem solver

e Have the ability to multi task

¢ Solid functional computer skills with working
knowledge of Microsoft applications






Nellie A. Saunders claim to be the owner of the unincumbered fee simple estate in
ossession of the said land and has made application to the Supreme Court of
Coamouwedth of The Bahamas under Section Three (3) of the Quieting Titles
Act, 1959 to have her title to the said land investi
thereof determined and declared in a Certificate o:
in accordance with the provisions of the said Act.

- Management oversight of all activities in the
Nassau operation, administration and sales areas.

- Responsible for the profitability and growth of the
market.

- Focus on team and staff development

- Cost analysis and cost control

- Ensure compliance with all ISPS, Super carrier
and local security initiatives

ted and the nature and extent
itle to be granted by the Court




Copies of the Petition and the Plan of the said land may be inspected during normal
office hours in the following places:

The. Registry of the Supreme Court, East Street North in the City of Nassau,
Bahamas; and

The Chambers of Lockhart & Munroe, #35 Buen Retiro Road, off Shirley Street,
Nassau, Bahamas. .






Salary and benefits will be commensurate with experience and

} NOTICE is hereby en that any person having dower or right to dower or an
qualifications.

Adverse Claim or a claim not recognized in the Petition shall on or before




expiration of Thirty (30) days after the final publication of these presents, file in the
If you have what it takes to succeed in this challenging role, Supreme Court and serve on the Petitioner or the undersigned a Statement of his
i claim in the prescribed form verified by an affidavit to be filed therewith. ’

forward your resume and cover letter to:



Failure of any such person to file and serve a Statement of his Claim on or before
the expiration of Thirty (30) days after the final publication of these presents will

operate as bar to such claim.

Minimum Requirements

¢ Bachelor’s Degree (or higher) in the maritime
field

¢ At least 5 years of management experience in
the shipping industry

¢ Excellent interpersonal, analytical,

organizational, and customer. service skills

v



Human Resources
Bahamas Supermarkets Limited
East-West Highway « P. 0. Box N 3738 - Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com



LOCKHART & MUNROE



Chambers



. #35 Buen Retiro Road




No telephone inquiries please
Off Shirley Street




Ce J Curket

Nassau, Bahamas



Attorneys for the Petitioner



Sales Supervisor

Need

- Large established Wholesale Company seeks mature,
experienced sales supervisor. yee

Fer te Un Ne UleeS Ue eo is offering a 4 year Tuition scholarship for a student to

attend The College of the Bahamas

Independent
’ ; eonnet

- Should be familiar with the food and pharmaceutical wholesale USS HERS

9 9 9 0 s company

and retail distribution trade.

Client driven,

efficient and

TESPONSIVe

: Applicants must:-

* Responsible for the overseeing of sales persons, merchandisers
and the proper execution of in-store merchandising and
promotions.

Baharnian owned

and controlled Be graduating from High School in June 2008

Write an essay of maximum 350 words describing the positive effects of the
Banking industry on the Bahamian economy

Sao CNEL
CNTR
TOMLIN

- Will assist sales manager with daily supervision of sales and
merchandising staff.

Have a minimum cumulative 3.0 GPA

NOOK Be involved in academic, campus and community activities.
RTO Hem CNY

eae: Be willing to work part-time and during the summer at The Private Trust
TOM UU trUt OH

Corporation Limited

* Must be able to recognize sales, competitors’ and market trends
and report to management proposals to counteract negative

trends Eats improve sales. Demonstrate leadership and interpersonal skills,

EMCI OHO
URN
Mono
THEME ESUAy es

Obtain recommendation by a Principal or a member of the school’s
Business Faculty

- Must keep detailed records of all store visits, problems found, Be BAHAMIAN

recommended changes, instructions given, and follow up
IU oes stsSoMo] me tT Uale (rc

B Please request an application package from info@privatetrustco.com

; i 8 Deadline for receipt of applications is 16" May 2008.
_ Salary package commensurate with experience :

but above industry average.

Charlotte House
Charlotte Street
PO Box N-65
Nassau
PVR EN

Please note that The Private Trust Corporation Limited reserves the right to reject any or all applications. Decisions
made by The Private Trust Corporation Limited will be FINAL.

Must have your TUR EUE Telaelitel and will get gas
allowance.

T: +1 242 323 8574
F: +1 242 326 8388
VAN EEC aEReIDiT

Send resumes to:
employee.opp@gmail.com





PAGE 8B, MONDAY, APRIL 28, 2008

os OUR i | ee
‘Three main’ tax incentives to spark Bay Street revival



. FROM page 1B

businesses seeking to invest in
Nassau city.

The incentives package is
designed to encourage,
through tax breaks, downtown
property owners and business-
es to reinvest in their holdings,
breathing life back into parts of
downtown Nassau that have

become run down and neglect-
ed, with stores and restaurants
leaving for greener shopping
pastures.

Among the zones identified
for special attention, Mr
Klonaris told The Tribune,
were “east of East Street all
the way to Church Street”.
Others included the area bor-
dered by Navy Lion Road to
the west, all the way to Nas-

Legal Notice

bo NOTICE 2

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

RAYDEN ASSOCIATES LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137 (4)

of the International Business Companies Act (No. 45 of 2000),
RAYDEN ASSOCIATES LIMITED is in Dissolution.”

The date of commencement of dissolution is the 25th day of Febru-

ary, 2008.

MARK JAMES SHORTLAND
Vannin, Fairy Cottage,
Laxey, Isle of Man,

IM4 7JB
Liquidator



sau Street and Meeting Street
in the south, plus the feeder
corridors for Woodes Rogers
Wharf — Frederick Street,
Charlotte Street and Navy
Lion Road.

The incentive package is part
of a wider initiative underway
to revitalise downtown Bay
Street and the city of Nassau, a
project many believe ranks
equally alongside the transfor-
mation of Lynden Pindling
International Airport (LPIA)
in terms of the Bahamas’ most
critical infrastructure needs.

A joint public/private sector
effort, it has seen the Ministry
of Works and NTDB commis-
sion a 10-person public/private
sector Task Force to oversee
downtown Nassau’s sustain-
able development, both sec-
tors with five representatives

. each. ©









notice.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, JESTANA CAROLINE CLARKE
of Nassau, Bahamas, intend to change my name to JESTINE
CAROLINE CLARKE. 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

The Task Force has already
produced a job description for
a managing director, who is
likely to be identified and
appointed in two months’ time.
He/she, together with a team,
will head up the effort to guide
and oversee the city’s revital-
ization, The Tribune has been
told. .

Frank Comito, an NTDB
director and Board member,
said the Task Force was hope-
ful that “people will see the
results of some of these efforts
by fall 2008”.

“We’ve come up with some
draft terms of reference
around five core objectives,”
Mr Comito said in relation to

the managing director post. :

“The objectives will be
reviewed in the coming
weeks.”

The five core objectives



Legal Notice

—___ NOTICE

Banca del Sempione (Overseas) Lid.

Employment Opportunity
Assistant Portfolio Manager

Banca del Sempione (Overseas) Ltd. is looking for an
Assistant Portfolio Manager to join its select team of
professionals.

Responsibilities:

- Asset allocation for.customer accounts

- Application of investment strategies

- Trading of securities

- Review of performance of portfolios

- Liaison with clients and external portfolio managers

Minimum qualification:

- 5 years experience in a similar position

- excellent knowledge of European securities markets
- English and Italian written and spoken fluently

- Bachelors degree or similar

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

SANDOKAN HOLDINGS LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act (No. 45 of 2000), SAN-
DOKAN LIMITED is in Dissolution.”

The date of commencement of dissolution is the 26th day of March,
2008.

JENNIFER BISSON
23-25 Broad Street,
St. Helier, Jersey
Liquidator

’ Legal Notice

NOTICE

ANCIENT INVESTMENTS LID.



include producing a master-
plan for the sustainable rede-
velopment of waterfront Nas-
sau, drawing on previous stud-
ies by EDAW, the Historic
Nassau Study and Living Tra-
dition; establishing an author-
ity or management mechanism,
such as a Business Improve-
ment District (BID), to co-
ordinate the project; facilitating
public and private develop-
ment; and working with the
Ministry of Works and Trans-
port to address short and long-
term issues surrounding the
city’s transportation and park-
ing needs.

Mr Comito said the Task
Force would be able to draw
on the research, reports and
opinions put forward on down-
town Nassau over the last 10
years to assist in its work,
adding that there were “a num-
ber of management models
that could be put in place”.

The structures used to revive
waterfront cities‘in Florida and
Charlotte would be assessed
to see whether they could be
adopted for Nassau, Mr Comi-
to adding: “Hopefully, we [the
Task Force] will be in existence
for two years. Hopefully, it will
be morphed into a Manage-
ment Authority or something
like that. We’re developing a

‘working Budget for the next

two years.

“We’ve been given a man-.

date to reach out to the various
stakeholders. That includes the
private and public sector folks,
the vendor and retail commu-
nity, the property owners and
the cultural community. We’re

THE TRIBUNE



going to go through a process
as a Task Force to help shape
this thing. We’re giving birth
to the process as'a whole right
now.”

Mr Comito said downtown
Nassau’s revitalization was
“absolutely critical to both the
touristic development of the
country as well as the psyche of
us as a people. The condition
of the city, of our capital,
should be a source of great
national pride. It’s absolutely
essential for us to get it right”.

Downtown Nassau acted as
the “immediate, first and last-
ing impression of the
Bahamas” for the 1.8 million
cruise passengers who visited
the city every year, and repre-
sented about 50 per cent of all
tourist arrivals to the Bahamas.

However, Mr Comito
acknowledged that currently
“not enough of them are excit-
ed enough to get off the ship.
We want to make them excited
about getting off the ‘ship, see-
ing downtown and giving them
a taste of what we have to offer
— our historical sites, and
exploring all the island has to
offer. We want them to come
back as overnight visitors”.

Cruise passenger impres-
sions of downtown were also
critical to Nassau and the
Bahamas’ reputations in the
international tourism market-
place, Mr Comito said, with
‘word of mouth’ to friends and
relatives proving the most
effective tool this nation could

SEE next page

: Bs : ; !
HGChristie..
NS” Elegant island Living

_ KIMBERLY MORGAN —

-ASNOLONGER
AFFILIATED WITH
-H.G. CHRISTIE LTD.

For All Your Real Estate & Nester! Needs please contact us at:
Tel (242) 322-1041. Fax (242) 326-5642

IN VOLUNTARY LIQUIDATION

Email: sales@hgchristie.com

www.HGChristie.com

Notice is hereby given that in accordance with section 137 of the
International Business Companies Act 2000 ANCIENT INVEST-
MENTS LTD. is in dissolution.

- Knowledge of other foreign languages is an advantage.

Salary will be commensurate with experience. Interested

candidates should forward a copy of their resume to: Legal Notice:

EES (0s u(elD

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

The Date of the Commencement of dissolution was 25th April 2008.
David Thain of Arner Bank & Trust (Bahamas) Ltd., Building 2
Caves Village, RO. Box N-3917 is the Liquidator of ANCIENT
INVESTMENTS LTD. All persons having claims against the above-
named company are required to send their address and particulars of
their debts to the Liquidator before the 25th May 2008.

Human Resources
Banca del Sempione (Overseas) Ltd.
P.O. Box N-8159

Nassau, Bahamas
BIRD NEST INC.

. é , : sis In Voluntary liquidation
Only persons being interviewed for this position
will be contacted. “Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act (No. 45 of 2000), BIRD

NEST INC. is in Dissolution.”



FG CAPITAL MARKETS

BROKERAGE & ADVISORY SERVICES The date of commencement of dissolution is the 1st day of April,

2008,

Kenneth John Simpson
La Motte Chambers
St. Helier, Jersey
Liquidator

EPS $ Div $
0.135
1.502
0.643
0.188
0.289
0.058
1.093
0.091
0.428
0.157
0.316
0.713
0.810
0.651
0.386
0.035
0.411
1.059
1.187

S2wk-Hi 52wk-Low Previous Close Today's Close Daily Vol.
0.000
0.400
0.160
0.030
0.090
0.040
0.240
0.040
0.290
0.052
0.040
0.280
0.570
0.470
0.140
0.000
0.300
0.620
0.600.

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco 700
FirstCaribbean 500
Focol (S) , 5,755
Freeport Concrete

ICD Utilities

J. S. Johnson

1,000

Legal Notice

fey yed

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

1,403

Bidelity Over-the-Counter See eee
Bid $ Ask $ Last Price Weekly Vol. EPS $ Div S
Bahamas Supermarkets 14.60 15.60 14.60 13.4
Caribbean Crossings (Pref) 6.00 6.25 6.00 NM
RND Holdings - 0.35 0.40 0.35 N/M
oe § 8" Colina Gver-The-Counter Sedurities ee g
41.00 9.0

CAVERSHAM PROPERTIES LIMITED
In Voluntary liquidation

ABDAB 41.00 43.00
Bahamas Supermarkets 14.60 15.60 14.00 13.4
RND Holdi 0.45_ 0.55 | oe, 0:45 ; ; N/M
i ts ties # ‘BIS Listed Mutual Funds e SRE 3

NAV YTD% Last 12 Months
1.308126°"**
2.996573"***
1.387505***
3.701154"
12.1010**

“Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
CAVERSHAM PROPERTIES LIMITED is in Dissolution.”

und Name Yield%
Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Fidelity Prime Income Fund

100.0000 CFAL Global Bond Fund

100.0000 CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.007%
Fidelity International Investment Fund 9.6346"

| Market Terris:

5.61%
13.11%
3.87%
17.78%
5.72%

1.25%
-0.14%
0.90%
-2.52% es : os ;
1.40% The date of commencement of dissolution is the 26th day of March,

100.00°* 2008.

100.00°*

-8.24% -8.24%

JAMES A RAMSDEN
Harbour Reach
Rue De Carteret
St. Helier, Jersey
Channel Islands

Liquidator

> NLA. Key
* - 29 February 2008
** - 31 December 2007
*** 11 April 2008
*e* - 31 March 2008

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weokly 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
52wk-Hi - Highest closing price in last 52 weeks
S2wk-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





MONDAY, APRIL 28, 2008, PAGE 9B

_THE TRIBUNE



Ex-Ginn executive to head Albany building



ALBANY has named former Ginn _ be responsible for delivering all community, which is setting a new . “We are very pleased to see Mr
executive John Davies as senior vice- _ aspects relating to the construction standard of design and construction Davies in the capacity of senior vice-
president of construction for its $1.3 and development of the 565-acre lux- quality for the Caribbean,” said Mr president of construction at Albany.
billion resort community in southwest ury community. Davies. “I look forward to working With over twenty years of construc-
New Providence, which broke ground “With the start of construction at directly with local Bahamian compa- tion management in the Bahamas and
last month. . Albany, it was time to bring a con- nies to build what will become one of _ his recent successful completion of

‘ struction leader like John on board,” the finest resort communities in the the Four Seasons resort project in
Exper 1ence said Christopher Anand, ‘Albany’s . . world.” » George Town, Exuma, he brings a
' - managing partner. “We are thrilled to e wealth of expertise as well as a

Mr Davies has more than 25 years have John — he is a fine person:and Appointment proven track record of working with
of experience in construction man- has experience building significant | Bahamian contractors.
agement of resort developments in projects around the world, including On Mr Davies’ appointment, “With Mr Davies onboard at

ree the Caribbean and US. He will over- the Bahamas.” Bahamian Contractors Association Albany, we look forward to a very
ES see all construction personnel and will “TI am honored to be a part of this (BCA) president Steve Wrinkle said: successful project.” ;

‘Pliede ciao’ tax
incentives to spark
Bay Street revival

~ HSBC &

HSBC Private Bank (Suisse) S.A.




cous peo Dalbeattie Hehe Be ES oh Ie Soe, tee
| Balance sheet
' at 31 December 2007




|
FROM page 8B ernment has taken the neces- vate sector moving forward i
sary steps, not just to encour- _ with the redevelopment of the
have. age but to embrace, the pri- . city of Nassau.”
’ The NTDB director, though,

reminded businesses and resi-
dents that transforming down-





























































town Nassau would not hap- | f Saar aa RE
‘ ae Liquidassets as Be et nate ee 28,976 51113
pen overnight, pointing to the Receivables arising from money-market papers ‘ 12,860,960 12,435,677
fact that Charlotte’s revitaliza- + Amounts due from banks ; epee S 5 “16,593,895 14,363,419
tion took 20 years from incep- { Amounts due from customers. ee eM ee 17,074,103, _____ 12,496,698
5 7 : Loans secured by mortgages ” a 1562,275, 1,436,287
tion to completion. Securities and precious metals held fortradng suposes==s=~S*~“‘«‘“ié‘“‘i<‘“ The most important thing, | Financial fixed assets ; 16,147,574 16,135,214
he added, was for all Bahami- Saar - ee fe enue
ans and stakeholders to buy N Gest ce ae SOO AOE
into the process, and ensure | Accrued income and prepaid expenses. Ba 542,531 499,232
they were in for the long haul | tera zn a
vi ; ; eee Oe a he ee
via a consistent involvement Glad girs Gn worn Grou Gotricanise and quiniTled panicgenta- eee Tear
d t ints due from Group c aan 3,798,041
and support. Rites { Total subordinatedioans 0 224884 262,071
Mr Comito paid tribute to j Liabitties ;
Norman Solomon and Fred Arnounts due arsin from marketpapers ee a8
: Amounts duetobanks 1,529,020 14,234,848
Hazelwood for starting the Other amounts due to customers 49,630,255 39,867,105
move to revitalise Bay Street in Accrued expenses and deferred income 580,717 498,757
the late 1908s, supported by Other Hisbiites —______— ($70,081 _____._ 853.148
. [ Value adjustments and provisions p
other merchants and business- i Reserves jo omen banking ska "463,440 ern
es. Ever since, he acknowl- i, Total amounts due a ts 83,990,435 55,342,585
edged, the process had been “Share capital 682,780 682,780.
on a “dual track”, with moves | se leona 2 a nel opel reserve LS
to improve downtown Nassau AAs ~ Sl a a og ee NS TD
accompanied by “seeing its ._; Total shareholders’ equity 3,326,661 2,991,518
degradation for 15 years”. 2006 M d B : [a Hlabilities 67,317,096 58,334,103
Both Mr Comito and Mr VO IVLEPCEGeS BENZ cxs500-s000cc “| TotsTamounts due o Group companies and qualiiedparicpents_——~=S~S~S*~S*SSC=CT TNC OG
Klonaris praiséd the Goyern- ee cue q Total suborciowted Gave: , aay ., , 886.333
% Z : so = : Contingent fiabilities! et BOB MAT OO, i
meiitfor its.commitmelly "td Fully Loaded - Limited Edition a ad eee RpgteMat Ss 29¢08n
downtown Nassau’, the latter 8 ' Off-balance sheet financial instuments: So ee
welcoming ioves by Earl Just Like New! _ 4 =underlying smounts* 83,521,288 -—~«61,439,518
me ‘cr positive replacementvalues 4,936,556. 450,993 |
Deveaux, minister of works . | = negative replacement values ae 71,933,351 420,916

transactions 99,841,423 13,347,155

ELUNE A EME END PEER oe NEM a a RR De





and transport, to set timelines
for achieving specific goals.
Mr Klonaris said: “The Gov-



Sark I : x
Statement of income
.| fot the-year- ended 31 December 2007




«

GN-672 |



2007 2006
CHFO0O CHFCOO




Lm Rs SOAR EBay ht a EL Be ge

(aseecneemimmertepeenciondnetmamnemanennemcceicsem at eben tennant a





































i taterest income cscs opal
‘ ; { interest end dividend income Se pape
cas 3 : - i i i rttoli 875,5: 4,

: 5 Saas aoerer eo eee oe ” (2,474,938) «(2,053,545 ~~ >
MINISTRY OF EDUCATION, YOUTH, SPORTS & CULTURE _ Net interest income 3528638 845.848
REDEVELOPMENT OF THE QUEEN ELIZABETH SPORTS | Ingo om sormiesins, products and eer ng

i * Commission income from it-granting busin is asysegee , fe 5

_ CENTRE PROJECT _ Gomsnsion income fom socuii and investment actniies 968,762 656.888

: re . ae : aarrens es Cf : 16,522 12,366

‘ ~ : ’ eleseresel emoiei other services rendered ate ie eh

REQUEST FOR PROPSOAL FROM QUALIFIED Net income from commissions, products and services 27032) 885. 3B.

__. PROFESIONAL CONSULTING FIRMS : ——— a Sane nc di

The Government of the Commonwealth’ of The Bahamas through the en os fee at eae

Ministry of Education, Youth, Sports & Culture is requesting proposals from Other ordinaryincome 2511. 8,686

ualified professional Consulting (Engineering and/or Architectural and/or . Total other ordinary results a4 Moe
lanning firms/consortia ‘with experience regionally and internationally _ Operating expenses eb ha rei ceae eek oth oe Ere pn sees elias

to provide Planning Design, Engineering and Construction Management prlacaeshacsa cess ae Peas os

Services for the redevelopment of the Queen Elizabeth Sports Centre, qd ebnugaierens suai (797,730) (678,318)

New Providence, The Bahamas. ; ‘Guoapiiic. © ee a ee WIG MIB: 0, BIDEGE

ee ok ; : Depreciation offixedassets = SSSCSS~S~<“S;sé“‘i=‘“S;i<=SC~SC 828) 21,597)

It is intended that through sound planning, design, construction, . Amontisation of goodwill _. 44694) 18,170)

implementation, monitioring and management of various components, au ; aria pe

: : : rofit before extraordinary items and taxes 852,098 967,465
the investment by the Governement in the Redevelopment of the Queen Guirsondinany nGsrie a ey 729 7 71,928
Elizabeth Sports Centre will ensure the sustainability and integration of all: xt xpenses (52,443) (19.678)
sporting disciplines for The Bahamas: s A Le ee ee Sree

Profit for the year 665,143 474,327



The Ministry of Education, Youth, Sports & Culture now invites interested |
consultants both local and overseas,’ to collect for a non-refundable fee of
B$150.00 (US$150.00) the Request for Proposal (RFP) documents and to
complete and submit same in accordance wih the instruction therein,

| Report of the statutory auditors
| to the general meeting of shareholders
i HSBC Private Bank (Suisse) SA, Geneva



RFP documents may be obtained by interested parties as of Monday 21st
April, 2008 from: /



v

The Civil Engineering Section














1st Floor East Wing sae. og ; Poodacaid

ini , . As Statutory auditors, we have audited the In our opinion, the accounting records and financial!
Ministry of Works and Transport | gccounting records and the financial statements |. statements and the proposed appropriation of
John F. Kennedy Drive (balance sheet, statement of income, statement | available earnings comply with Swiss law and the

= ._ of cash flows and notes) of HSBC Private Bank company’s articles of incorporation.
.O. Box N-8156 : (Suisse) SA for the year ended 31 December 2007. |
Nassau e Ba : “-| We recommend that the financial statements
; Tel eph ar (2 328 4830 Extn 4042 These financial statements are the Hepa | submitted to you be approved.
: "of the Board of Directors. Our responsibility is to
' Fax: (242) 302 9770 " express an opinion on these ee statements _ , KPMG Ltd
one . . based on our audit. We confirm that we meet | Philippe Cordonier
Email: 4howie@ gmail.com . the legal requirements concerning professional ' Swiss certified accountant.
{ qualification and independence. : | Auditor in charge
s x s mm. i Our audit was conducted in accordance with Swiss ' Mathieu Rieder
between the hours of 10:00a.m and 4:00p.m. Mondays to Fridays upon Due senders: wrdch reauie thel ev aach te Me et tes



planned and performed to obtain reasonable
assurance about whether the financial statements
are free of material misstatement. We have examined
ona test basis evidence supporting the amounts
and disclosures in the financial statements. We
have also assessed the accounting principles used,
significant estimates made and the overall financial
statement presentation. We believe that our audit
provides a reasonable basis for our opinion.

evidence of the payment of the fee stated above. (Please note that payment
may be in form of cash, or certified check, or bank draft or money order made
payable to The Public Treasury of The Bahamas)



Geneva, 22 February 2008





A mandatory pre-poposal meeting and site visit are schedule for Tuesday, 13th
May 2008 at the Conference Room (1st Floor), Ministry of Education, Youth,
Sports & Culture at 10:00a.m.




The proposal is to be deposited in the Tender Box at the Ministry of Finance
_ 3rd Floor Cecil Wallace, Whitifield Building, West Bay St, Nassau, The
Bahamas no later that 10:00a.m. on or before Tuesday, 3rd June 2008.



The summarized financial information set out above is derived from the Annual Report of HSBC Private
Bank (Suisse) S.A. for the year ended 31 December 2007. The full Report can be obtained from: HSBC
Private Bank (Suisse) S.A., Suite 306, Centre of Commerce, One Bay Street, P.O. Box N-4917, Nassau,
Bahamas.




Permanent Secretary
Ministry of Education, Youth, Sports & Culture

Date: 16th April 2008





PAGE 10, MONDAY, APRIL 28, 2008



REGISTRATION NOTICES

Registration for Fall ~ 2008.

The Office of The Registrar wishes to advise that Online Registration for the Fall Semester for all current
students is now taking place. Please visit the College’s website at www.cob.edu.bs for further Registration

details. ,

L

Late Registration for the Summer Session will also be online and will take place on Thursday, May 15th,
and Friday, May 16th, 2008. Please visit the College’s website at www.cob.edu.bs for further Registration
details on Friday, May 2nd, 2008.

STAFF VACANCIES

OFFICE OF ACADEMIC AFFAIRS
aculty Advertisements 2008

Lecturers in Law (New Providence Campus

‘andidates should have at a least a first degree in Law, with no less than an Upper Second Class Honours or equivalent. Possession of a
postgraduate degree and some experience as a legal practitioner is desirable. The curriculum includes all branches of Common Law and
courses pay special attention to the place of Law in Commonwealth Caribbean jurisdictions. The ideal candidates should be competent in
at least three of the basic or.core Common Law subjects including, but not limited to, Law and Legal Systems of the Commonwealth
Caribbean; Criminal Law; Legal Writing and Research; Law of Torts; Commonwealth Caribbean Constitutional Law; and Law of Contract.
Experience in teaching in a semester system would be an asset. The successful candidates will be expected to pursue individual and
departmental research interests and to publish in reputable law journals. 4

SCHOOL OF BUSINESS

ssociate/Assistant essors — Accounting (Northern Bahamas Campus

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








ate Registration for Summer ~ 2008










Assistant Professor — Accounting (New Providence Campus

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

SCHOOL OF SCIENCES & TECHNOLOGY
ool of Sciences and Technolo
athematics (New Providence Campus & Northern Bahamas Campus
‘andidates must be able to teach Mathematics at introductory through final year levels. The ideal candidate will have a doctoral degree in
the subject area, tertiary-level teaching experience and some professional experience. However, candidates with at least a Master’s degree
in the subject area, a minimum of five years’ teaching experience at the tertiary level and some professional experience will be considered.

Assistant Professor - Physics (New Providence Campus .
[he successful candidate will demonstrate a strong commitment and the ability to teach undergraduate Physics or Astronomy courses to

science and non-science majors. A Ph.D. in Physics is required. Candidates with research specialties in the following areas are especially
* encouraged to apply: atmospheric and environmental physics, condensed matter physics, computational physics, astrophysics, physics
education and alternative sources of energy.

Assistant Professor - Pharmaceutical Sciences (New Providence Campus
candidates must have at least a in Pharmacy and professional experience, as a pharmacist. The candidate will be expected to
_ coordinate a new pharmacy programme and to teach content area as well as professional courses at the Bachelor's Degree level.

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

LIBRARY AND INSTRUCTIONAL MEDIA SERVICES
Librarians (New Providence Campus)

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

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

The Librarians must possess Masters Degrees in Library and Information Science from accredited institutions, and a minimum of two years
post-Masters professional library experience. The-position of Law Librarian also requires that the Librarian be the holder of a law degree.
All incumbents will demonstrate strong communication and interpersonal skills that engender an excellent customer- friendly environment

_ and professionalism. Evening and weekend reference service (on rotation), library research, service to the community and library instruction
will also be required.

Salary Scale: Master’s Degree - $32,710° - $47,710 :
To ensure consideration, application materials must be received by April 30, 2008. A complete application packet consists of:

° An application letter :
College of The Bahamas’ Application Form
A detailed curriculum vita 5
Copies of all transcripts (original transcripts required upon employment)
The names and contact information for three references
The Director
_ Human Resources
The College of The Bahamas
. Oakes Field Campus

Thompson Boulevard & Poinciana Drive

P. O. Box N-4912

Nassau, Bahamas

The College of The Bahamas is the national institution of tertiary general education of The Commonwealth of The Bahamas. The
institution grants certificates, diplomas, associate degrees, and a growing number of Bachelor's degrees to nearly 4,000 students located

around the Bahamian archipelago. It has extensive links with tertiary institutions in the Caribbean and North America and its credits

are accepted by more than 200 colleges and universities in those regions and in Great Britain. It is poised to embark aggressively upon
a@ major expansion of its programme offerings, its research activities, and its physical facilities, and to incorporate distance teaching
methodologies into its repertoire of strategies for delivering instruction, all with a view to seeking a charter as a university.
Please visit the College’s website at for more information about the institution and to access the College’s Employment Application
Form. ;

SCHOOL OF EDUCATION

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

Assistant Professor — Religious Education (New Providence Campus)

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

Assistant Professor —- Mathematics (New Providence Campus)

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

. Assistant Professor — Physical Education (New Providence Campus)

’ Candidate should have a Ph.D. in Physical Education with a minimum of 3 years of school teaching; however, consideration will also be
given for persons with a Master’s Degree in Physical Education plus 5 years of teaching experience along with 4 Teacher’s Certification
or Diploma in Education. Candidates will be expected to assist with teaching physical education courses, assist with supervision of student-
teachers and assist with curriculum development of physical education courses/programmes. ;

.

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

Salary Scale :

$39,460 - $61,960
$42,160 - $69,160

Master’s Degree -
Doctorate Degree -

Interested candidates should submit the following information for consideration:

The College/University of The Bahamas Employment Application,
A Comprehensive Resume

Official transcripts

Three work references

All information should be addressed to:
The Director, Human Resource
The College of The Bahamas
P.O. Box N-4912

Nassau, N. P, The Bahamas
Facsimile: (242) 302-4539

E-mail: hrapply @cob.edu.bs
Web Site: www.cob.edu.bs

The application deadline is Friday May 16 2008. ‘

"HE COLLEGE

Visit our website at www.cob.edu.bs

THE TRIBUNE






The Gerace Research Centre (GRC), formerly the Bahamian Field Station, is located on the shore of Graham's Harbour
on the north coast of the island of San Salvador in The Bahamas. The centre has been in operation since 1971 and offers
facilities for students, professors and researchers from around the world to study in a tropical environment. Since 1972,
under the auspices of the Gerace Research Centre, scientists from all over the world have been conducting research on San
Salvador in Archaeology, Biology, Geology, and Marine Science. The.GRC has 15 buildings on 8 acres of land that provide
accommodation for 200 people, full service Cafeteria serving three meals daily, 10 laboratory/classrooms, a library with
air conditioning, computers, and internet access, a specimen repository, a wet lab with sea water aquaria, a analytical
laboratory, basketball and volleyball courts. The centre provides the basic equipment for researchers and groups including

‘ yehicles for transporting researchers and students, a fully captained power boat, canoes, SCUBA tanks and snorkeling gear

and basic field and laboratory equipment.

Applications are invited from suitably qualified individuals for the following three year contractual position at the Gerace
Research Centre, beginning Fall 2008: .

HEAD OF MAINTENANCE ,

The successful candidate will be expected to reside at the GRC where he/she will be responsible for directing the overall
operations of the physical plant, including vehicles and boats, facilities maintenance and supervision of physical plant staff
and performance reviews. Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the Centre; planning and directing the operation and routine maintenance programme
of the GRC facilities and to establish preventative, predictive and replacement maintenance programme of the Centre’s
equipment.

Minimum qualifications include an associate degree in an engineering related area or equivalent and a minimum of 5 years
experience directly related to physical piant management or an equivalent combination of education, training and experience,
with considerable knowledge of physical plant management, personnel management, safety and budgetary practices. The
successful candidate must have a sound mechanical background, including a working knowledge of electricity, motors,
pumps, plumbing, refrigeration, and vehicles. The Head of Maintenance is also responsible for maintaining a small dive
shop and dive compressor, so scuba certification and knowledge of dive operations is desirable. The successful applicant
must be able to prioritise and perform under pressure in both a customer contact and administrative capacity. Outstanding
human resource management skills are necessary. Salary is negotiable based upon qualifications and experience.

Interested candidates should submit a detailed curriculum vitae and a cover letter of interest, giving full particulars of ©
qualifications and experience to:

Dr. Thomas A. Rothfus
Executive Director
Gerace Research Centre
“grcss@juno.com or tarothfu @ gmail.com

or

c/o Twin Air
498 SW 34th Street
Fort Lauderdale, FL 33315

_ ADMINISTRATIVE ASSISTANT I

GENERAL RESPONSIBILITIES:

To provide administrative and secretarial assistance which will support the day-to-day operation of the International Languages
and Cultures Institute

SPECIFIC DUTIES include but are not limited to the following:

To be knowledgeable about the overall operations and responsibilities of ILCI, including contracts with instructors
of ILCI language courses‘and with musicians and entertainers performing at ILCI events. \

* To assist the Director with the general running of the office and supervision of all support staff.
To assist the Director, as requested, with preparing and dispatching letters, memos and notices on behalf of ILCI.

To provide the Director with timely reminders regarding the various activities of ILCI as well as the Director’s meetings
and appointments. :

¢* To assist the Director with informing students about course offerings and registration of new students.

“To assist the Director with adequate follow-up of all pending ILCI matters ensuring
timely and efficient completion or resolution of all pending matters.

¢* To receive and screen calls on behalf of the Director and ILCI Instructors.

‘» To make appointments for ILCI students with ILCI instructors and the Director.

¢* To assist with organizing and arranging events, including the booking of venues, the purchase of food, drink and other
items and writing advertising, as well as to liaise, as required, with Communications, Planning, Security, Physical Plant

_ and any other COB department.

* To perform any other related duties as required.

SKILLS & RESPONSIBILITIES: As well, the candidate should be a pleasant and mature individual who is able to relate

well with all members of staff and faculty of the College of the Bahamas, as well as with the general public.

It is absolutely essential for the efficient and profitable running of ILCI that the Administrative Assistant provide reliable
continuity in responding to telephone and walk-in enquiries, registration of new students, opening classrooms to Instructors
and timely response to any request in the absence of the Director, whose duties include meetings with government agencies °
and departments, banks, teaching institutions and private industry to offer and create courses suited to their needs, as well
as attending seminars and conferences designed to enhance language institutes.

Punctuality and a commitment to giving advance notice for planned absences are of paramount importance. The efficient
operation of the ILCI office and classrooms requires organization, flexibility and a talent for multi-tasking. Computer literacy
and a good working knowledge of EXCELL are a must:

REPORTS TO: Director, Int’] Languages and Cultures Institute

QUALIFICATIONS: Bachelor’s Degree or the equivalent with no work experience, or Associate Degree in relevant area
with ten (10) years work experience.

Interested applicants should submit a cover letter along with a detailed resume and up-to-date transcript to the address below
by Wednesday, May 7, 2008 to: 2

The Director
Human Resources Department
OR
hrapply@cob.edu.bs

GORILLA RRNA RO RA AOR NO AO zO NOAA ROR MORON A OROAU A ROR Raa mR AARNE EIG
2.

+ WORLD ASSOCIATION OF CHEFS’ SOCIETIES §



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; The College of the Bahamas i
$ Come and experiance world class seminars and demonstrations,
= a
: Facilitated by: :

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: Chef Peter Shannon

* a
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% Culinary Federation (ACF). -
~@ :

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* Alaska, Hawaii, Europe, lraq, Colorado and Chicago. :
* Has worked as a Baker, Pastry and Executive Chef. “

COs
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LOCOS

Has had extensive experience as a Culinary Instructor
es at his alma mater First Coast Technical Institute and
US Navy carrier Chefs @ Sea program.

Session Information:

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Yat 4
% 28th April - 1st May, 2008 BS
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% TUESDAY 9:30 A.M, ~ 12:30 P.m. 6:00 Pm. - 9:00 P.M. : %
x Apri 29TH 2008 | THE PROFESSIONAL CHEF & CERTIFICATION THE PROFESSIONAL CHEF & CERTIFICATION o
% ¥ WEDNESDAY 9:30 A.M. = 12:30 P.M. 6:00 p.m. ~ 9:00 P.M. ‘
* Apri. 30TH, 2008 | MEDITERRANEAN CUISINE CURRENT CULINARY TRENDS x
tad vad
* THURSDAY 9:30 AM, - 12:30 PM. 6:00 p.m. - 9:00 P.M *
e May 1st, 2008 | PREPARING FOR FOOD COMPETITIONS & SHOWS | PREPARING FOR Foon Competitions & SHows %
© .

STUDENTS: BAHAMAS CULINARY ASSOCIATION(BCA) MEMBERS: GENERAL PUBLIC: x
% $20.00 $30.00 $40.00
* (
* ’ x
% Contact Mrs. Florina Turner at telephone 323-5804 or %
* email fturner@cob.edu.bs, for information on registration o

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

PERSONAL DEVELOPMENT - SUMMER SEMESTER 022008
DESCRIPTION
|
ACCOUNTING
poeta t 8:00pm
ACCA900 01 _| ACCOUNTING FOR BEGINNERS | 8:00pm n/Wed 5-Ma

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SUPERIOR CUSTOMER SER. WS 4:30pm Thurs.

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CUST900 22-Ma




15-May | 8 wks




BUSI900 01 CREDIT AND COLLECTIONS |

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29-Ma

9:30am-
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ENQUIRIES: Contact the Coordinator at Tel: (242) 325-5714 / (242) 328-0093 / 328-1836 / 302-4300 ext. 5202 or email acurry@cob.ecdu.bs

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

INTERNATIONAL






LANGUAGES THE INTERNATIONAL
AND CULTURES LANGUAGES AND
INSTITUTE CULTURES INSTITUTE
~ At
THE COLLEGE OF THE
BAHAMAS

COMMUNECATION: A KEY TO GLOBAL UNDERSTANDING



COURSE OFFERING: SPRING 2008 — Beginning May 5"

CONVERSATIONAL SPANISH I and II

' CONVERSATIONAL HAITIAN CREOLE I and II
CONVERSATIONAL FRENCH I and II
CONVERSATIONAL GERMAN I
CONVERSATIONAL MANDARIN I, Il and Hl
SURVIVAL MANDARIN FOR BUSINESS
SURVIVAL MANDARIN FOR THE OLYMPICS
ENGLISH AS A SECOND LANGUAGE I

LOCATION: Munnings Building (next to KFC at COB Roundabout): Room 16

DURATION: 3 hours per week ( 2 sessions of 1 and Y, hours) for 10 weeks
Total course hours: 30 hours

PRICE: $ 250.00 per course

TELEPHONE: 302-4584 or 302-4587
E-MAIL: ilci@cob.edu.bs

PLEASE CALL US FOR ALL COURSE TIMES AND FORMS

F THE BAHAMAS

Visit our website at www.cob.edu.bs -BTVUICATING & TRAINING RAHAMIANS

THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 11B



ae a
Bay Street plaza’s $12-13m rebirth to take year

FROM page 1B

they expected to obtain all the
permits needed for the demo-
lition imminently.

He told The Tribune: “We
should be starting the demoli-
tion soon. We’re just waiting
on the permit, which I under-
stand should be coming any
day now. It should move very
quickly and there’s no stop-
ping now.

“Hopefully, a year from
now, we’ll see a major devel-
opment in downtown that will
act as a major catalyst for
development in a depressed
areas. It will take 12 months
from the day we start to rede-

Mr Klonaris telling The Tri-
bune that he and his brothers
believe the area is “ripe for a
combination of retail and mari-
na”, given the natural harbour
and protection it enjoys.

The NTDB chairman added .

that he hoped the project
would bring a renewed “focus
on the derelict buildings east of
East Street, attracting investors
and companies back to the
area.

The Klonaris brothers’ pro-
ject. will tie in nicely with the
Government and private sec-
tor’s plans to revitalise and
transform downtown Nassau
and Bay Street, the NTIDB
chairman saying that the inten-
tion was to “extend the water-

at as the site for a dock where
ferry services could transport
people to and from Paradise
Island, and also for water taxis.

Mr Klonaris said a key short-
term issue to be addressed was
the lack of parking in down-
town Nassau, along with the
area’s transportation needs.

“It is so important to find a
solution to this vexing prob-
lem quickly,” Mr Klonaris said
on parking. “That’s the thing
causing locals not to come
downtown.”

Another issue at the fore-
front is how to deal with the
number of abandoned, neglect-
ed and derelict properties in
downtown Nassau.

Mr Klonaris said the solu-





velop. That’s what they tell front” from Navy Lion Road
us.” going east and make it solely
Mr Klonaris said that togeth- for pedestrian use. ;
er with the combined 14 retail Woodes Rogers Wharf was
outlets and restaurants that the being eyed for transformation
redeveloped property, Eliza- into a hub for restaurants, cafes
beth on Bay, will incorporate, and bars, “activities that will
the whole project willinvolvea keep the city going late into _ erties.
$12-$13 million investment and _ the night”.
create 80 full-time jobs when The area to the east of the
completed. - Betty K dock, where the gov-
A mini-marina is also ernment publications building

planned for the development, currently sits, was being looked —_ added.

GE Mechanical Room
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Sales & Full Service Department ©
Rosetta & Montgomery Streets
322-2188/9

JONES & CO

PUBLIC NOTICE

To: All Franchise Holder(s)

PUBLIC SERVICE VEHICLE
LICENCING & INSPECTION

In accordance with the Road Traffic Act Statue Laws of
the Bahamas, the licencing and inspection of all Public
Service Vehicles will be carried out in New Providence
and the Family Islands beginning Thursday, May ‘st thru
Friday, May 30th, 2008.

Owners and Operators of these vehicles must ensure that

the total number of vehicles covered by their franchise are .

presented for licencing and inspection. When an owner
or operator presents fewer vehicles for licencing and
inspection than is covered by his/her franchise, the Road
Traffic Authority Board in the absence of proof will assume
that he/she no longer needs the franchise. The authority
therefore, requires him/her to show cause why his/her
franchise may not be reduced on the strength of Section
89(1)b of the Road Traffic Act 220.

Further all franchise holders must produce documentary
proof to show that their franchise is operational at the time
of licencing and inspection.

Signed:
Controller

tion to this was likely to take
the form of legislative amend-
ments and changes, plus the
private sector working closely
with the Antiquities; Monu-
ments and Museums Corpora-
tion on identifying these prop-

“This is especially important,
particularly in downtown,
where you see so many prop-
erties being neglected,” he

©2008 CreativeRelations.net







PAGE 12B, MONDAY, APRIL 28, 2008

Occupancy 15% ‘below expectations’



FROM page 1B

The Tribune that Hutchison
was in talks with Marriott to
replace Starwood as Our
Lucaya’s management/operat-
ing partner, Mr Markoulis
explained that the difference
between a management and

the current franchise arrange-
ment is that under the latter,
Hutchison now controls and
manages the resort’s employ-
ees. It still keeps the Westin
and Sheraton brands, and the
management arrangement.
“We think they didn’t do
such a good job,” Mr Mark-

aS

TCM OMe UC Ute L
professional person. Must be computer
literate and have good customer relations.

Please fax resume to: 394-3885



oulis said, when it came to
managing Our Lucaya’s
employees.

While the 478-room Shera-
ton and 740-room Westin con-
tinue to be down on occupancy
levels, Mr Markoulis added
that hotel occupancies and
room rates were down across
the Bahamian hotel industry
as a result of the US economic
downturn, sparked by that
country’s housing market and
credit/liquidity crunch.

“We finished March averag-
ing about 55 per cent, 15 per



cent below what we expected,”
Mr Markoulis told The Tri-
bune of Our Lucaya’s occu-
pancy levels.

Problem

“Occupancies are a problem
for all hotels in the Bahamas
right now. Our drop is no
worse than Atlantis’s on a per-
centage basis, but is not what
we’d like. Arrivals are down,
room rates are down all over
the place.”

The loss of the 1,000-room

GN-671

GOVERNMENT
NOTICE

MINISTRY OF HEALTH & SOCIAL DEVELOPMENT
DEPARTMENT OF PUBLIC HEALTH

TENDER FOR THE EXTENSION OF THE
FLAMINGO GARDENS CLINIC

Royal Oasis from Grand
Bahama’s total hotel room
inventory for the past three-

‘and-a-half years, representing a

potential 365,000 room nights
per year, had negatively
impacted airlift into the island,
Mr Markoulis said.

The Hutchison (Lucaya)
president explained that while
there were enough seats on air-
lines servicing Grand Bahama,
the island’s airlift scope was
not broad and diverse enough
in terms of the cities it reached,

Mr Markoulis said the Sher-
aton’s rating as the number
one hotel by Parents magazine
was a “big boost” for the prop-
erty, and the hotel was “hoping
to translate that into rooms”
filled by families.

- On Hutchison Whampoa’s
plans for Our Lucaya, he
added: “We want to put this
back on a healthy footing as
soon as the market allows us.

_We’re just doing the best we .

can to maintain it.”
. Meanwhile, Mr Markoulis
said Hutchison’s planned 120-

"unit, luxury Silver Point resi-
dential community was going

out to re-bid with contractors

THE TRIBUNE



ket.

Indicating that Hutchison
did not want construction to
outstrip the likely market
demand, Mr Markoulis said he
did not think that Silver Point
would be completed “any
sooner” than three years from
the start date.

“A lot depends on the shape
of our primary market,” Mr
Markoulis said, in reference to
fears the US could fall into
recession.

“We'll probably do all the
infrastructure up front, so
we’re in a position to move
pretty quickly, but vertical con-
struction depends on how the
market is.”

Hutchison has split the con-
struction work into separate

packages, with the tenders for

the marine and underground
work going out last week. The
vertical construction tender
will be released this week.

“We expect the bids will
take about two months to
come back,” Mr Markoulis
said, adding that the total con-
struction cost was likely to be
about $75-$80 million.

The 120 units will be sold at

The Department of Public Health, Ministry of Health
& Social Development invites suitably qualified com-
panies to submit bids to provide construction services
for the extension of the following Community Clinic in
New Providence.

prices ranging from $900,000
to $3 million, and all will have
their own individual dock slips.

“as we speak”, the pace of con-
struction depending on
demand from the key US mar-

COMMONWEALTH OF THE BAHAMAS 2007

IN- THE SUPREME COURT CLE/ qui/00199

Common Law and Equity Division

Flamingo Gardens Clinic.
IN THE MATTER of the Quieting Titles Act, 1959
Tender documents outlining scope of services may
be obtained from the office of the Undersecretary -
General Administration, Ministry of Health & Social

/ AND- deswell Street, between Christie &
| , Tel: (242) 356-0907 ° Fax
IN THE MATTER OF ALL THAT piece parcel Open: Sun

or lot of land containing 4,659 square feet situate
on western side of Tufa Close in the vicinity
of Englerston Subdivision in the Southern
District of the Island of New Providence in the
Commonwealth of the Bahamas being bounded
on the north. by land reputed to be the property
of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths. (98.41)
Feet on the East by Tufa Close and running thereon
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of
Naomi Rolle and running thereon Ninety-one and

..Korty-five hundredths.(91.45). Feet and on-the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.

AND

IN THE MATTER of the Petition of Charles C. Rolle

NOTICE

THE PETITION. OF CHARLES C. ROLLE in respect of:-
“IN THE MATTER OF ALL THAT piece parcel
or lot of land containing 4,659 square feet situate
on western: side of Tufa Close in’ the ‘vicinity
of Englerston Subdivision in the Southern
District’ of the Island of New Providence. in. the
Commonwealth of the Bahamas being bounded .
on the north by land reputed to be the property
of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of

~Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.”

Charles C. Rolle claim to be the owner of the
unincumbered fee simple estate in possession of the said
Jand_and has made application to the Supreme Court of
the Commonwealth of The Bahamas under Section Three
(3) of the Quieting Titles Act, 1959 to have his title to the
said land investigated and the nature and extent thereof
determined and declared in a Certificate of Title to be
granted by the Court in accordance with the provisions
of the said Act.

Copies of the Petition and the Plan of the said land may
Pe inspected during normal office hours in the following
"places:

Street North in the City of Nassau,
Bahamas; and

2. The Chambers of Lockhart & Munroe, #35
Buen Retiro Road, off Shirley Street,
Nassau, Bahamas.

1. The Registry of the Ceres Court, East

| NOTICE is hereby given that any person having dower
| or right to dower or an Adverse Claim or a claim
not recognized in the Petition shall on or before the
expiration of Thirty (30) days after the final publication
of these presents, file in the Supreme Court and serve on
the Petitioner or the undersigned a Statement of his claim
in the preccapes form verified by an affidavit tc be filed
therewith.

Failure of any such person to file and serve a Statement of
his Claim on or before the expiration of Thirty (30) days
after the final publication of these presents will operate as
bar to such claim.

Development, between the hours of 9:00 a.m. to 5:00

p.m. Monday to Friday.

Tenders must be submitted in sealed envelopes
marked “Tenders for Construction Services” and
delivered on or before May 9th, 2008 to:-

Permanent Secretary
Ministry of Health & Social Development
Meeting St.
P.O. Box N-3730
Nassau, The Bahamas ..

The Department of Public Health, Ministry of Health
& Social Development reserves the right to reject

any or all tenders.

Overall Responsibilities

4



CF

~/ EOACOD

day Friday, 7:30am

kanya Gag) -uaanngnmnnn

OWinrines

Bav

AN ACR WASEDA MAN

GQ MTR Koa. toy Maleten Coe

a, Vacancy fora
Sales and Marketing Project Director

Onsite coordination of sales, sales administration and marketing

Achievement of targeted sales volume and maintaining inventory
Develop future (MVCl) managers and implement self development programs
implementation of tour efficiency and building of strong team values
Forecasting and budgeting of annual sales targets

Ensuring communication between personnel and others

' Providing weekly report and updates to Ritz-Carlton/MCVI Corporate offices

Essential Job Functions “

Monitor and evaluate sales and marketing processes

Monitor and evaluate specific sa

guidelines

Monitor and evaluate structured sales and marketing presentation training
Review all sales and marketing assumptions in the feasibility process, ensuring strategic and
operational reasonableness, comparability among PEPS, budgets, forecasts and LRP

Qualifications

College degree

Minimum of ten years in marketing vacation ownership
Minimum of five years in management of sales, marketing and/or administration
Excellent communication, listening and organizational skills
Ability to communicate effectively at senior management level
Strong leadership skills

Ritz Carlton Ciub experience preferred

Please send resume to the attention of: Director of Human Resources

LOCKHART & MUNROE The Abaco Club on Winding Bay
Chambers P.O. Box AB-20571

#35 Buen Retiro Road Marsh Harbour, Abaco

Off Shirley Street Bahamas

Nassau, Bahamas

Attorneys for the Petitioner

OR

Email: humanresources@theabacoclub.com

les and marketing field operations best practices, policies and





THE TRIBUNE | MONDAY, APRIL 28, 2008, PAGE 13B

Fr eC RA ed Ret lb dct ile ca ci eeeineeN cAia NTIEEENTIORTITANTENTTNTN TART VTE














oe 20,

og 209.
30th
Anniversary

oe
~ 30th Pietet Bank & Trust Limit ed
Anniversat)

1m,

=H PICTET

Pictet Bank & Trust Limited is pleased to offer a four (4) year
_ Scholarship (tuition and books) for one (1) Bahamian Student to
attend The College of the Bahamas

= PICTET



| Criteria for Applicants:

Cheque Presentation fo
The College of The Bahamas

Graduate from High School in June 2008 with a Grade Point
Average of at least 3.0

Obtain a letter of recommendation from the School Principal
or a member of an Academic Faculty

Acceptance into the Banking / Finance Bachelor’s Degree
Program at The College of the Bahamas:

Maintain a minimum Grade Point Average of 3.0

Provide a Resume that demonstrates good interpersonal skills,
effective leadership and social involvement in community
activities : |

Write an essay (500 words maximum) describing the positive
effects of the International Banking Industry to the Bahamian
Economy

Be willing to work at Pictet Bank & Trust Limited during the
summer holidays

Cheque presentation of BSD 30,000 to the College
of The Bahamas Endowment Fund by Mr. Yves

| Lourdin, President/Managing Director and the
Bank's Executive Committee.

Send Applications to:-

Human Resources Manager
Pictet Bank & Trust Limited
Building 1, Bayside Executive Park
West Bay Street & Blake Road
» P.O. Box N-4837

Nassau, Bahamas



Deadline for receipt of applications is 23rd May, 2008

Photo: (left to right) Mark Richford, Larry Glinton, Pierre Colle, Shawn
Forbes, Jan Mezulanik, Yves Lourdin, Felicity Humblestone - Dir. of
| ee C.O.B., Marilyn ae and Eric Messmer.

The final decision to award this Scholarship rests entirely with Pictet Bank & Trust Limited.



EOE ROPES PENT



“Informative. I can be sure vo read something of value iv The Tribune: Ie is flied with
information about local mews, sports, entertaimment and world news ~ subjects that are :
important to me, The Tribune is my newspaper.” |

The Tribune



CONSTRUCTION FOREMAN

Purchase The Tribune from your
local store or street vendor.





PAGE 14B, MONDAY, APRIL 28. 2008 THE TRIBUNE

SR PICTET

19 7; 8 - 2008
Celebrating. 30 years in The Bahamas













We would like to say THANK YOU to
ALL of our valuable employees





Pictet Bank & Trust Limited
Bayside Executive Park
Building No. 1
West Bay Street and Blake Road
P.O. Box N-4837
Nassau, Bahamas
Tel. (+1 242) 302-2222
Fax (+1 242) 327-6610
www.pictet.com |

Geneva Lausanne Zurich London Luxembourg Frankfurt Paris Madrid Barcelona Turin Milan
Rome Florence Dubai Singapore Hong Kong Tokyo Montreal Nassau



Full Text


ri ?'m lovin’ it.

HIGH S3F |
LOW 72F

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=" The Tribune



USA TODA

BAHAMAS EDITION









Volume: 104.No.131

MONDAY, APRIL 28, 2008 PRICE — 75¢

Bar| ETN]

ate Gta (te
PLT rut
SEE SPORT SECTION

Let’s 7 Frank:
Does he have
what it takes?

SEE INSIGHT SECTION







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

A DAYLIGHT armed rob-
bery at a popular Palmdale
eatery left a father-of-six dead,
customers visibly shaken and
a dangerous gunman on the
loose. ;

Police are also investigating
the murder of 22-year-old
_ Theron Armbrister of Kemp
Road.

What began as a routine Sat-
urday lunch rush for Subway
restaurant on Madeira Street
ended in tragedy, leaving 63-

Claim that government has not
adequately addressed rising cost
of living, increasing fuel price

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

THE rising cost of living, rapidly increasing fuel and energy
costs, compounded with high food prices are just some of the
issues the government has not adequately addressed while in its first
12 months in office, political insiders said yesterday.

The government was also criticised for cancelling policies left in
place by the former administration without implementing viable
policies of their own as the nation faces an economic slowdown.

In defence of his party, FNM chairman Johnley Ferguson admit-
ted the government “has barely scratched the surface” but was
adamant that areas of education, health care, local government and

SEE page 14

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Man shot dead in
flaylight robbery

Father-of-six killed,
gunman on the loose

Maruti itis
UU Uo
crack house

lm By MEGAN REYNOLDS
Tribune Staff Reporter



their area and make it a safe
place to live.

Drug addicts fuelling up on
cocaine frequent the house off
Mount Royal Avenue in Cen-
treville day and night.

Residents complain they have
not had a full night’s sleep since
the drug addicts began flocking
to the dilapidated houses sur-
rounded by overgrown yards
filled with garbage and aban-
doned cars.

A 62-year-old grandmother,
who lives in the street, will not

TERRIFIED neighbours of
a Nassau crack house are calling
on police to flush out crime in

All Saints Camp residents marry

year-old taxi-driver Hubert
Winters dead.

Police said around 2pm, a
man wearing sunglasses and a
cap burst into the restaurant,
pulled out a sub-machine gun
and demanded money from cus-
tomers and employees.

An off-duty police officer was
having lunch when the gunman

-entered and tried to disarm the

gunman. The assailant report-
edly threatened to kill the offi-

let her children play outside to
protect them from drug addicts
who frequent the area.

She said: “I call the police
every day to report drug dealing
in this corner, and I’m scared
for the children because you
don’t know who they is, child
molesters, rapists, stuff like that,
so I have to-keep the children
locked up inside the house.”

SEE page 15

cer and a scuffle between the
two ensued.
In a tragic turn of events, the

SEE page 15





Judicial system
‘failed in their
due diligence’
with Nottage
appointment
THE Bahamian judicial sys-

tem “failed in their due dili-
gence” when they chose con-

Felipé Major/Tribune staff





ANTHONY HARRIS kisses his new bride, Stephanie Stevenson-Harris, on Saturday at the Church of St John
the Divine at the All Saints Camp.






















@ By TANEKA THOMPSON ed to marry her. After she had my first child I troversial lawyer Rubie Nottage
Tribune Staff Reporter felt like a man,” said Mr Harris after the cere- as a Supreme Court justice,
tthompson@tribunemedia.net mony. members of the Bahamas Bar

Association argued yesterday.

In a letter to The Tribune in
light of the fact that Mrs Not-
tage is expected to be sworn in
by the end of this month, con-
cerned members pointed out
that when Justice Anita Allen,
who they described as one of
the hardest working judges op
the bench, was recommended
for appointment as a Supreme
Court Justice, many people
objected because she was mar-
ried to a then member of Cabi-

He has lived with his disease for 28 years
EIGHTY guests attended the wedding of after being diagnosed in 1980 and credits his
two HIV positive residents of the All Saints “healthy” life to good diet, positive thinking
Camp of St John the Divine who, along with and his faith in God.
their healthy one year-old daughter, celebrat- He extended words of inspiration to others
ed their love over the weekend. living with HIV/AIDS who feel they have been
» Anthony Harris, 46, and his bride Stephanie handed a death sentence: “I want people out
Stevenson-Harris, 30, met and fellin love atthe there who are suffering from this disease to
Carmichael Road compound three years ago _ know their life is not over. What causes their
and their love affair spawned the birth of an bodies to break down (quickly) is worrying
HIV-negative daughter. about their body and denial of the disease.
Affectionately called Tony, the groom told “By them denying it, their minds go in the
The Tribune he proposed to his wife after she gutter and they start to fret. When I found out,
















Combo Pack gave birth to the couple's first child. SEE p: 15
“After she had (our) baby I told her I want- page Papen
1 ce Lysol yauby SEE page 14
pray &
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PAGE 2, MONDAY, APRIL 28, 2008

THE TRIBUNE



i aa ee ee ee
KANDI Motorists risk lives

by driving blindly
into dense smoke

@ In brief



Haitian radio:
President
nominates
banking official
to be next PM

@ PORT-AU-PRINCE,
Haiti

Haitian radio is reporting
that President Rene Preval
has picked an international
banking official to be the trou-
bled country’s next prime min-
ister, according to the Associ-
ated Press.

Radio Metropole says that

Inter-American Development .

Bank senior official Ericq
Pierre will succeed ousted
Prime Minister Jacques
Edouard Alexis..

Sunday’s appointment of
Pierre as the country’s No. 2
politician must be approved
by Haiti’s Parliament. It was
not immediately known when
lawmakers would take up the
nomination.

At least seven people died
earlier this month during riots
over food shortages that cost
Alexis his job. Haitian law-
makers fired the prime min-
ister for failing to boost food
production.





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NAME:
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AGE: 31yrs
LAST KNOWN
ADDRESS:
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DESCRIPTION

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HEIGHT: 5ft 7ins
WEIGHT: 230 Ibs
BUILD: Heavy

MR SWEET-
ING is wanted by
the Central
Detective Unit
for questioning
in conection with
a stealing and fraud incident.
He is considered armed and dangerous.
If you have any information on this suspect’s whereabouts,
please contact:
Police Emergency at 919/911 CDU at 502-9930/9991;
Police Control Room at 322-3333;
Crime Stoppers at 328-8477, or nearest police station.

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a ot

GONE TO Wyss Dense smoke from a Car pours across the

FIREFIGHTERS averted a
potentially hazardous situation
on Saturday after being called
to control a major car fire in
front of Esso Gas Station on
Wulff Road.

The incident occurred around
5.15pm.

When The Tribune arrived
on the scene, there were no offi-
cers in sight.

A reporter had to go inside
Wulff Road Police Station to
alert officers that motorists were
risking their lives by driving
blindly into the smoke and
direct path of oncoming vehi-
cles.

Officers said they-were aware
of a Camry on fire and had
already contacted tie fire

department, but it wasn’t until a

policeman followed The Tri-
bune outside that they realised
how severe the situation had
become.

That’s when a male officer

' sprang into action and began
diverting traffic and ordering
bystanders away from the
immediate area.

In less than a minute, fire-
fighters were on the scene bat-
tling the blaze.

However, they soon found
themselves battling their hose,
which broke free from their
grasp and began swinging about
on the ground.

Meanwhile, the driver of the
vehicle watched helplessly as it









alerts police
to severity of
car blaze

PTR UI CeMnC Recaro

took less than three minutes for
his white Camry to transform
into nothing more than a black-
ened car carcass.

“Tt was just smoking and then
I saw the flames,” said the dri-
ver between making phone
calls.

“I tried to contain it but I
couldn’t so I began takings
things out.

“I got everything except for
my tools out.

“Being an electrician, it’s a
loss I'll have to deal with.”
THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 3



In brief

Caribbean to
tackle pests,
diseases that
threaten palm
trees and
other plants

B GEORGETOWN,
Guyana

CARIBBEAN leaders
are calling for tighter
import restrictions and
inspections to protect the
region’s palm trees and
other vegetation from
increasing pests and dis-
eases, according to Associ-
ated Press.

The Caricom trade bloc
says red palm mites, giant
African snails and other
afflictions are killing hun-
dreds of palms and other
plants in the Caribbean.

The group issued a state-
ment Saturday saying it
will make saving palm
trees a priority because
coconuts and their deriva-
tives are essential to local
economies. Delegates met
in Guyana on Friday to
explore protective mea-
sures.

Agriculture ministers
from across the Caribbean
are expected to review the
proposals in July in
Antigua.

JAMAICA: -
Police search
for mother of
three children
who died in fire.

@ KINGSTON, Jamaica

eecccccccacsccceccccsee:

POLICE in Jamaica are
searching for the mother
of three children who they

ay died in a fire after
being left home alone, i
according to ‘Associated i
Press. i
' Officer Devon Williams
says the unidentified
woman will be charged
with negligence in the
deaths of her children, :
ages 1, 4 and 5. The fire :
occurred Friday afternoon
in a crowded tenement
near west Kingston.

Former Prime Minister
Portia Simpson Miller vis-
ited the site and urged par-
ents nottoleave children:
unsupervised. At least two}
other children died this
year in fires under similar
circumstances, Williams
said Saturday. i

It is unclear how Fri- :
day’s fire started.

Dominican
Republic to build —
coal power plant ©
with help from
South Korea

fm. SAN JUAN,
Puerto Rico

The Dominican
Republic has signed a
multimillion-dollar
agreement with a South
Korean energy compa-
ny to build a coal power
plant in the country’s
southern region,
according to Associated
Press.

Radhames Segura,
vice president of the
state-owned electric
company, says the
US$500 million i
(euro321 million) plant
will replace four aging
units that run on fuel
oil. The 240,000-kilo-
watt plant is expected
to start operating in
2011, Segura said ina
statement Friday.

The contract was
signed with Korea Elec-
tric Power Corp., a
renewable energy com-

pany.

FOR 3 IN 1 LAWN SERVICE
Fertilizer, Fungicide,

» Pest Control
Ce CTE) Ces
322-21 Hy

AN EXCESS of executive
managers at the Water and
Sewerage Corporation who
have been engaging in “fac-
tional warfare” over the past
eight years has contributed to
the organisation’s poor per-
formance, the corporation’s
management union said yes-
terday.

A case has been initiated
against the corporation for
unilateral variation of the
industrial agreement. The case
is presently before the Indus-
trial Tribunal.

“It represents further evi-
dence of the lack of respect
for the industrial agreement
by those who claim to lead the
organisation,” the union said.

The WSMU also claimed

that, under the previous.

administration, the corpora-
tion used illegal hiring meth-
ods outside of its polices and
the industrial agreement.
“The WSMU is asking for
fair and equitable treatment
for its members. Justice

Keeping date



LOCAL NEWS

The Water and Sewerage
management union hits out at
‘excess of executive managers’

Claim that ‘factional warfare’
has contributed to the
organisation’s ‘poor performance’

delayed is justice denied,” it
said.

The union:said that WSC
had over 400 employees and
12 executive managers, far too
many for a company of that
size.

“The executives are not
working together. Over the
past several years, there has
been a high level of political
interference in the daily oper-
ation of the organisation.

“Middle mangers are gen-
erally not treated as part of
the management team and
decisions are frequently made
and instructions given directly
to subordinates without con-
sultation, often with negative
results. While executives may
claim that managers are
empowered their actions
undermine their authority,”

ay,to to Satu

ile

duhiie iY

atu red

i Bi eat ne

beat in Isle of Wight

the union said.

In addition, the WSMU said
that there have been no man-
agement meetings since
August, 2006.

“Tt is a customary practice in
modern progressive organisa-
tions to hold regularly sched-
uled meetings with managers
to ensure the focus and direc-
tion of the organisation and
constantly review the level of
progress in attaining goals and
meeting objectives.

“Unfortunately, this is not
current practice at the Water
and Sewerage Corporation,”
the union said.

Despite improvements in
several areas, members of the
public, according to the union,
ask when they can expect to
receive a constant quality lev-
el of service from the WSC.

RYDE, ISLE OF WIGHT,
ENGLAND — Junkanoo per-
formers lead a ‘rush’ dur-
ing the launch of the Carni-
val Learning Centre, on
April 25, 2008. The Centre,
which is in Ryde, Isle of
Wight, is the United King-
dom's first dedicated Car-
nival and Celebratory Arts

i Learning Centre and a team
of Junkanoo artisans and
performers are the first
cultural group to undertake
a residency programme
and perform there.

Eric Rose/BIS

Cala

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PAGE 4, MONDAY, APRIL 28, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt; OBE) KM, BCS.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, RO. 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

Impose discipline before it’s too late

APPALLING performance levels in
Bahamian schools can be at least partly
explained by extra-curricular activities
going.on behind teachers’ backs.

The internet ‘is now awash with images
from Nassau campuses that do this country
little credit, and point to an alarming
decline in behavioural standards among
our young.

Student “catfight” videos are bad

enough, especially when viewed by tens of

thousands of internet voyeurs all over the
world, but some Nassau classrooms have
also provided settings for explicit sexual
activity among young teens that must make
parents deeply anxious, especially as it is
now on display via the worldwide web.

Last week brought several disturbing
revelations about on-campus orgies, with
one teacher claiming that even primary
school children are engaging in sexual
“experimentation”, for want of a better
word, on school premises.

Quite apart from the moral implications
of this kind of activity, it is disturbing to
think that children who are in school to
learn are being diverted from their studies
by what is apparently becoming an inter-
national craze.

Staging fights, organising orgies, and then
videoing them for posting on the internet
are now becoming “trendy” and “cool” in-
school activities for the young.

While teachers are otherwise engaged,
youngsters involved in these distasteful
antics see themselves as earning kudos for
their schools in a global on-line arena
where spectators.are some of the saddest
and most perverted people on the planet.

What parents themselves must be won-
dering is how this kind of behaviour can go
on in schools while staff are on the premis-
es.

What level of supervision is being offered
during the crucial lunch and break peri-
ods when ¢hildren are most likely to run
riot?

One teacher from a Nassau private

school - not one of the leading three or .

four, incidentally - has expressed disquiet
over the complete absence of pupil super-
vision when classes are not in progress.
“The children are just let loose to do
their own thing in classrooms that ought to

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be kept locked when classes are not in ses-
sion,” she told The Tribune. “It seems no-
one cares what they do until the school
bell rings for classes to resume.”

Sexual experimentation is, of course,
nothing new among pubescent students.
The bicycle sheds have traditionally pro-
vided cover for all kinds of canoodling in
secondary schools all over the world for
generations.

The difference today is that children are
maturing earlier in a physical sense, and are
also undoubtedly exposed to influences via
television and computers that were
unheard of in times past.

The sex and drug based pop and hip hop
cultures have loosened up behaviour to a

‘point where most teens are now unable to

differentiate between right and wrong, not
to mention what’s healthy and what’s not.

Worse still, they are engaging in visually
recorded activities involving sex and vio-
lence that will prove acutely embarrass-
ing, and possibly damaging, for them in
the years ahead.

Any girl filmed on the internet in an
explicit consensual orgy with six or more
males will have trouble convincing future
employers that she is the kind of person
they want on their staffs.

It is to be hoped the males would face
similar difficulties.

For The Bahamas, sex and violence on
campus have even worse ramifications than
elsewhere, mainly because of the truly
abysmal academic standards reported in
our schools.

Recent revelations that more than 80
per cent of state school students are “math-
ematically illiterate” when they come to
take BGCSEs point to a severe breakdown
in the educational system.

The fact that more than 50 per cent of
students across the board - that’s after fac-
toring in private schools - are equally dys-
functional in one of the key subjects of the
curriculum is equally discouraging.

Perhaps the.explanations for such failure
can be found in the various extra-curricular
preoccupations and diversions of the stu-
dents themselves.:

Teachers and parents eed to work in
tandem to impose discipline before it’s too
late.





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Gays must
end silence
over murders

EDITOR, The Tribune.

Thank you for allowing me
space in yolir newspaper for
the following appeal. Like
many Bahamians I am
appalled by the continually
rising rate of violent crime and
murder in our country. Like
many other Bahamians I
believe that our nation has
come to a crossroads and if
we, the Bahamian people, are
not to turn utterly and hope-
lessly down the perilous trail
to even more violence, mur-
der, atrocity and, ultimately,
ruin, then every Bahamian
must lend himself and herself
to choosing the better, road.
Every Bahamian must make
positive choices about his or
her own life and find ways to
assist other Bahamians, par-
ticularly our adolescent and
young adults, to make posi-
tive choices too.

This brings me to my
appeal.

Four months have passed
since the shocking murders of
Harl Taylor and Thaddeus
MacDonald.

And while gossip and innu-
endo has been rife concern-
ing these two crimes and pri-
vate lives of the two murder
victims, very little if any
progress has been made in the
investigations.

Recently, Bishop Simeon
Hall, former head of the
Bahamas Christian Council
publicly raised the question of
progress in these investiga-



DEAMPD eS

letters@tribunemedia.net




tions. Bishop Hall is hardly
alone in his call for justice,
various human rights, reli-
gious, civic and victims rights
groups have all in one way or
another called for progress in
police investigations, criminal
court proceedings and relief
from crime and the fear of vio-
lent crime in our nation. And
yet, on this issue, the one com-
munity of people most affect-
ed by these two murders and
the way these two murders are
handled by the police and the
press have been strangely
silent.

Gay and lesbian Bahami-
ans, like me, have maintained
silence on the issue of these
murders and on the contro-
versy stirred up by the head-
lines in its aftermath.

Why aren’t we appealing for
justice, why aren’t we asking
for fair and respectful treat-
ment of the deceased and
their loved ones in the media
and print? Our silence only
fosters even more gossip and
rumours; does the GLBT
community have something to
hide with respect to these
crimes? Our silence also gives
some in our community a
license to vilify the GLBT
community in general and Mr.
Taylor and Mr. MacDonald
in particular by suggesting that

because they may not have
been heterosexual they some-
how deserved their cruel fate.

In the face of all this gay,
lesbian, bi-sexual and trans-
gender Bahamians (Bahami-
ans just like me) have main-
tained almost perfect silence.
I know why we have been
silent. We’ve been afraid to
“OUT” ourselves. We’ve been
afraid to risk damage to
careers, reputations, families.
We’ve been afraid of the
vibrant culture of homopho-
bia that saturates our houses
of worship, our schools and
workplaces, our homes and
communities. We’ve been
afraid.

I’m just not sure fear is an
adequate justification for
silence in the face of what has
happened, and what contin-
ues to happen everyday with
respect to violent crime in our
nation. So I appeal to all
Bahamians, and I appeal to
gay, lesbian, bi-sexual and
transgender Bahamians par-
ticularly, stand up for and take
up the cause of justice. Pub-
licly call for progress in the
case of Harl Taylor, Thaddeus
MacDonald and every other
open investigation of violent
crime in our Bahamaland. Let
GLBT voices join the grow-
ing chorus for peace and jus-
tice in our nation.

ANONYMOUS
A Gay Bahamian
Nassau,

April, 2008.

Name and shame members of House
of Assembly who misbehave badly

EDITOR, The Tribune.

DR Simeon Hall’s com-
ments in your newspaper of
April 20th, you printed an arti-
cle where Dr Simeon Hall sug-
gests that the TV Channel
which airs the debates in the
House of Assembly be
removed because of the
unruly and raucous behaviour
of the members.

He says that it is bad for
democracy and gives the
young people the wrong
impression when they see how
badly their adults and peers
behave.

I totally agree with him but
disagree with the solution.

I think that every commu-
nity leader both in the church



and outside should speak out
about the appalling behaviour
of the Members of the House
of Assembly.

Of course this is nothing
new but those who behave
badly should be named and
shamed by the community.
They show a total lack of
respect for the people of the
Bahamas and seem to expect
the people to respect them.
How can they expect to have
any respect when they shout
and bang their desks like
undisciplined first graders.
What could be more impor-
tant than running the country
and making life more pleas-
ant for those who live here.

We read in the papers
recently that many govern-
ment departments and min-
istries cannot run their
finances.

The people’s hard earned
money disappears by the mil-
lions and the members argue
about Mona Vie.

If the man is guilty of an
offence then have him charged
but forget all this backbiting
and get onto more serious
matters — funds disappearing
- taxes that are unpaid - gov-
ernment companies that lose
millions of dollars - murders
that cannot be solved and on
down to minor things like traf-
fic lights that frequently do
not work.

We do not hear too much
about those problems — solv-
ing problems does not appear
to be a priority.

Dr Hall you are right about
the problem but I do not
agree with you about the solu-
tion — we will never get
“sood” government here if
the unruly and raucous Mem-
bers of the House of Assem-
bly are not held to account for
their actions.

PATRICK H THOMSON
Nassau,
April 21, 2008.

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THE TRIBUNE







Protesters in
Haiti demanti
return of ousted
President Aristide

m PORT-AU-PRINCE,
Haiti
HUNDREDS of peo-
ple marched through
Haiti’s capital on Satur-
day to demand the return

of ousted President Jean- , |

Bertrand Aristide,
according to Associated
Press.

The demonstrators also
commemorated the
killing of seven protesters
on April 26, 1986, when
army troops fired into a
crowd outside a notori-
ous prison.

As president, Aristide
shut down the Fort
Dimanche prison, where
dissidents were tortured
under the Duvalier fami-
ly dictatorship. Aristide
was ousted in a bloody

2004 revolt.

Haitian police and
U.N. peacekeepers said
Saturday’s protest was
peaceful.

At least seven people
died during food riots
in Haiti earlier this
month.

U.S. Rev. Jesse Jackson
and a delegation of min-
isters and Haitian nation-
als are expected to arrive
Sunday for a three-day
Visit.

Jackson hopes to
increase humanitarian
aid efforts and help draft
policies to avoid another
crisis, according to a
news release issued Sat-
urday by his religious and
social organization, the
Rainbow/PUSH Coali-
tion.

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PHONE: 322-2157



LOCAL NEWS

MONDAY, APRIL 28, 2008, PAGE 5

money "Two more robberies prompt



concern over daylight crime

CONCERN is growing over
daylight crime in downtown Nas-
sau following two more rob-
beries in Shirley Street.

A Haitian worker, Noel
Oneal, 40, was robbed at gun-
point while waiting for a bus on
the corner of Kemp Road at
about 5pm on Thursday.

Two masked men fled with
$200 in cash after threatening
Mr Oneal with a firearm.

A few days earlier, a Jamaican
woman in Shirley Street was

Haitian worker threatened with
firearm while waiting for bus



robbed by a man who wrestled
her to the ground and fled with
her handbag.

Last night, a Tribune reader
who knows Mr Oneal expressed
concern over an apparent
growth in “blatant” daylight

She said women, in particu-
lar, needed to be alert to rob-
bers targeting handbags.

“T now carry very little cash,”
she said, “As economic condi-
tions worsen, this kind of crime
will rise.”

tunist robbers struck several
times at Harbour Bay Shopping
Centre, snatching bags off
women’s chairs at Starbucks

restaurant.

However, a fence was erect-
ed to block the thieves’ potential
escape route.

Firemen tackle bush
fires on Grand Bahama

@ By DENISE MAYCOCK
Tribune Freeport Reporter

crime.

A.few months ago, oppor-

SYANN THOMPSON with Alexander and Gregor Maillis

“Turning the tables’ on the lionfish || eg

ALEXANDER and Gregory Maillis joined host
Syann Thompson on Bahamas at Sunrise to show the
world how to properly clean and cook lionfish for a
delicious and safe experience.

A species native to the Pacific Ocean, the lionfish
is now invading the Caribbean region.

This highly poisonous predator is known to eat
nearly every type of marine life that Bahamians
consume as food, including lobster, grouper, and
snapper.

However, it has recently come to light that we
may be able to turn the tables on this worrisome
creature. Lionfish are said to be edible and tasty, but
including lionfish in your cuisine requires knowl-
edge of correct handling.

Exercising great care, Alexander cut away the
poisonous fins of a freshly caught fish, gutted it and
prepared it for deep frying.

While demonstrating his skill at cooking, Alexan-
der explained the Maillis lionfish expertise: “We
experimented and found (lion fish) to be edible and



extremely delicious.”

The lionfish was spotted in Bahamian waters from
as early as five years ago.

Known also as the turkey or dragon fish, this dan-
gerous intruder is beautiful to look at, with an
impressive bloom of long spiny fins. It can be red,
brown, orange, yellow, black, maroon, or white and
is generally striped.

A fish to be approached only with the greatest of .

care, the lionfish sports poisonous fins that can deliv-
er a sting that causes great pain.

It is important to note that the poison is only in the
fins of the fish and, once they are removed, so is the
danger of being poisoned.

In the event of a lionfish sting, it is important to
get hot water and submerge the wounded part. The
effects of the poison should wear off after a few
hours.

Immediate medical care is strongly advised, as
some people are more susceptible to lionfish venom
than others.

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FREEPORT - Grand Bahama firemen were busy over the past
two days extinguishing several major bush fires in the Freeport area.

Bushes off Coral Road and Settler’s Way were burning since Thurs-
day evening.

The heavy smoke from these fires engulfed several residential sub-
divisions, including the Coral Reef sub-division off Coral Road, and the
Heritage and Arden Forest sub-divisions off Settler’s Way.

According to fire officials, two fire trucks were dispatched to the loca-
tions to extinguish the bush fires.

Up until Friday evening, firemen were still battling the bush fires. It
is not known what might have caused these fires.

“Lose Yourself In Style”

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PAGE 6, MONDAY, APRIL 28, 2008

THE TRIBUNE




THE TRIBUNE, along with its “Down Your Street” feature, which appears
in our Tuesday and Friday editions, will be spotlighting events at various
schools throughout the country. This is the first in a apeiaes series.

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POR TI

OUR LADY'S CATHOLIC PRIMARY SCHOOL, NEW PROVIDENCE



R RECONST RUCTING THE PAST E
Making models of Lucayan villages

AT WORK: Fourth grade students of Our Lady’s Catholic Primary School along with their teacher Dera: 1.
tria Anderson at work create models of Lucayan Villages as a part of the Social Studies curriculum.



Game for a laugh

PRE-K STUDENTS
at Our Lady’s Pri-
mary School play
an exciting game
of ring play with
their teacher
Maria Ajero.

To ALL COMMONWEALTH BANK MASTERCARD CUSTOMERS:

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THE TRIBUNE . MONDAY, APRIL 28, 2008, PAGE 7











@ BOOK FAIR

| Read all about it!




SIXTH-GRADE
students of Our
Lady’s Catholic
Primary School ,
proudly displaying
their purchases at
the school’s book
fair held last week.

MARY, STAR OF THE SEA SCHOOL, GRAND BAHAMA



a alike HOME 2008
Crlebration of
beal culture

SmartChoice

CELEBRATION

of all things

Bhamian. Students of Grade

Fre worked for many weeks

o their research projects into
tkir genealogy.

But, DOWN HOME is not
jst-an exhibition of projects,
cts and crafts and fooditems, [eae SS : ces
ut a term-long learning | eT§ GO! Fifth grade students shake a leg during their annual cul-
rocess. Students and teachers —_tyral show.
xplored the art of making

PHOTO: Genneva Russell

rafts from straw, discovered
he uses of various bush med-
cines, created a rake n’ scrape
yand with homemade instru-
ments, wrote original folk
tales and song, went on field
trips, and listened to guest
speakers.
This festival produces an

ture and an appreciation for
how far we have come as a
people and a nation.
Students and their parents
explored the way life used to
be, including outside toilets,
kerosene lamps, goose irons,
storytelling instead of TV, and
playing marbles instead of X

was the brainchild of two
Grade Five teachers, Renee
Hall and Carla Brown-Roker.

Over the past ten years
DOWN HOME has seen

- family histories written, fami-

ly cookbooks created, and a

. fostering of close ties between

children and their forebears.








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Share your
news

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

ads
or have won an award. If so,

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THE TRIBUNE





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The ‘My Bahamas’ message

comes to Inagua All-Age School

THE ‘My Bahamas’ message
reached all the way to the south-
ernmost Bahamian island when
Director General of Tourism and
Aviation Vernice Walkine indoc-
trinated Inagua All-Age School
children in the movement’s core
principles.

My Bahamas, a sustained pub-
lic awareness campaign to educate
Bahamians about critical tourism
concerns and spur positive actions,
was re-launched by Minister of
Tourism and Aviation Neko Grant
in September, 2007.

Since then, banners, newspaper
advertisements, radio ads and tele-
vision commercials with urgent
tourism information have been reg-
ularly produced for various com-
munities.

Lhe most recent public aware-
ness effort was co-ordinated at
Inagua All Age School, where Ms
Walkine addressed about 200 stu-
dents, teachers and other mer ers
of the community.

/ “Being in the Ministry of

‘Tourism, I am expected to tell you

how to be nice to the tourists,” she
said. “But really, my job I believe is
to tell you how to be nice to one

\ ||

Betty Taylor

Journalist / Entrepreneur



DIRECTOR GENERAL Vernice Walkine speaks to studnts at Inagua

All-Age School.

another because if you are nice to
one another (first), you will natu-
rally be nice to the tourists.”

Ms Walkine explained that she
expected students and other Inagua
residents to join all Bahamians in
improving The Bahamas for the
better.

The ‘My Bahamas’ campaign
enlists all residents to “Let’s Make
It Better Again,” which evokes

A broken heart

brings sorrow to.

the body, soul and
spirit, but time

brings healing to

| Dr. Dwight A. Dorset

Derek Smith/BIS

memories of anther famous Min-
istry of Tourism |ogan — “It’s Bet-
ter in the Bahams,”

“We stopped sying ‘It’s Better
in the Bahamas after a while
because really it ws not better in
the Bahamas,” Ms /alkine said.

“We have a lot ofhings we have
to fix before visitorswill consider
the Bahamas better. ht we want to
continue to work on taking it bet-
ter again. So that is thavhole point
of the campaign.”

Principal Jason Woodside
thanked Ms Walkine ad Ministry
of Tourism staff memb¢s for visit-
ing the school. He sai the visit
reminded the commuity of the
importance of tourism tthe coun-
try.
Students presented icultural
show to Ministry of Touism offi-
cials, who fully outfitted tem with
My Bahamas campaign ‘khirts.

The Inagua visit is pat of the
My Bahamas Visiting Bhamian
Journalist Programme (VEP). The
Ministry of Tourism and wiation
has arranged visits to FamilIslands
for several media organiations.
The VBJP has already taka writ-
ers, cameramen and photogaphers
from Nassau and Grand Bhama
to Cat Island and Long Islad.

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phasing and budget; °

Coordination of quality assurance and
quality control testing and Ministry of Works
inspections throughout the various stages of
construction;

Manage the safety and security program
implemented for the LPIA Expansion Project
with oversight from the Construction Manager;

Coordinate tenant fit-out of retail, office and
concession space in accordance with the
Tenant Design Manual developed for the LPIA
Expansion Project;

Liaise with local utility companies and tenants
to facilitate the sequencing and phasing of the
project and to maintain the overall schedule;

With the design of Phase |! airport expansion currently underway, NAD is seeking experienced
construction management personnel to build out our team. Currently available term positions include:



Assist with contract administration, reporting,
site inspection and commissioning of the
various project contracts.

QUALIFICATIONS:

2 to 5 years of construction related experience
(civil, structural, mechanical, electrical) on one
or more large scale projects;

Engineering Degree, EIT, or other Technical
Qualifications;

Excellent analytical and problem solving skills;

Excellent oral and written communications
skills;

Superior interpersonal and organizational
skills;

Excellent computer skills including; MS Office,
Cad, scheduling software, or other related
software are beneficial



RESPONSIBILITIES

Track, monitor and expedite production and
delivery of materials required for the project to



RESPONSIBILITIES:

¢ ‘Drawing document control throughout the =>



life of the project;

Managing drawing files and assisting the *
project team with drawing details, layouts,
sections and miscellaneous Autocad

drawing production; .

Experience with, or ability to learn quickly
Revit, (3DBuilding Design Software), and

Liaise and communicate with multi-
disciplined design team, good
communication and interpersonal skills a
must.

RESPONSIBILITIES:

This is a direct support position. This position
will support the Project Management Office
on a daily basis;

Receive and distribute correspondence, hard
copy filing, soft copy filing, typing, preparing
minutes of meetings, scheduling meetings °
and events, document preparation, organizing
the project office, and managing office

QUALIFICATIONS:

High School Diploma with an Associate
Degree from a Technical School;

Minimum 2 years Autocad experience in the
construction field;

Motivated self starter willing to assist and
participate in all aspects of design and
construction management.

2 years of work experience in a fast paced
environment, a plus if experience in the
construction industry;

Proficient in Word, Excel, Power Point and
Outlook;

Outstanding communication, organizational
and time management skills;

¢ Procure material and services for best price, meet scheduled delivery dates. supplies. * Responsible, dedicated, motivated with a
availability, delivery, and service capabilities to good work ethic; and
support the project objectives; QUALIFICATIONS
QUALIFICATIONS: e Able to handle stress, deadlines, and multiple

Prepare with the assistance of the Project
Team, RFEis, RFPs, Purchase Inquiries and
Construction Tender packages including
administration of the tender process;

Assist with negotiating contracts with proposed
suppliers, consultants and contractors within
budgetary limitations and scope of authority;

Expedite Purchase Orders and Contracts
and process Change Orders, Design Change
Requests as required;

Interface with suppliers and vendors on
material status and production planning issues;
and

Bachelor Arts/ Bachelor Science in related
field;

Accredited certification is preferred;
Strongly prefer 5 to 10 years experience in

construction contracts and procurement for
multi-disciplined projects;

Good communication, analytical, and
interpersonal skills

Thorough working knowledge of purchasing
policies, processes, procedures and laws
related to tendering and contracts.

Bachelor of Arts Degree in Administration;

if you are qualified and i
resume and ¢








Lynden Pindling |
RO. Box AP

tasks competently.






terested please send your








assau, The Bahamas

‘fetter by May 9th, 2008 to:

| Construction Manager
irport Expansion Project
THE TRIBUNE





GRAND BAHAMA - The Ministry
of Tourism along with the Grand
Bahama Regatta Committee held
a press conference to announce
plans for this year’s Grand
Bahama Island Regatta. The
regatta, set for June 20-22 on
Taino Beach, will showcase sail-
boats from around The Bahamas,
traditional. games, live entertain-
ment and conch cracking. The
committee said the regatta will
go down in history as the best,
with 24 sailboats expected to take
part. Pictured from left: Harold
McPhee, chairperson, regatta
committee; Derek Sands, com-
mittee member; Cornard Bethel,
committee member; April Gow,
committee member; Charlie
Robins, representative of sports
tourism in the Ministry of










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_ The Bahamas Electricity Corporation |
invites Tenders from eligible bidders for |

_ the provision of Consultancy Services in
Public Relations and/or Advertising &
_ Marketing for the Corporation.

Bidders are required to collect packages
from the Corporation’s Administration
Office, Blue Hill & Tucker Roads by
contacting Mrs. Delmeta Seymour,
Phone No. 302-1158.

Tenders are to be delivered on or before
1st May, 2008, 3:00 p.m.
and addressed as follows:

Mr. Kevin Basden
General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas

Marked: Tender No. 660/08
Consultancy Services in Public Rela-
tions and/or Advertising & Marketing

The Corporation reserves the right to
accept or reject the whole or such
part of any Tender the Corporation

' deems necessary.

MONDAY, APRIL 28, 2008, PAGE 9

LOCAL NEWS

Grand Bahama Regatta plans announced



















Tourism; Lady Naomi Wallace-
Whitfield, committee member;
Benson Knowles, executive
member; Pam Ferguson, execu-
tive member; Tynia Roberts, sec-

























retary; Merril Williams, commit-
tee member and Walton Rolle,

executive member.

Bi BIS photo:
Vandyke Hepburn





STUDENTS from Cherokee Sound
Primary School in Abaco paid a
courtesy call on Prime Minister
Hubert Ingraham at the Cabinet

Office on Thursday.

PHOTO:
Peter
Ramsay/BIS




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PAGE 10, MONDAY, APRIL 28, 2008

THE TRIBUNE





ORGANISED GROUPS ARE THREATENING THE HOSTING OF THE CARIBBEAN FESTIVAL OF CREATIVE ARTS

Media freedom and political action

m@ BY SIR RONALD SANDERS

he hosting of the
Caribbean Festival of

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Creative Arts (CARIFESTA) in
Guyana is being threatened by
organised political groups as a
response to a four-month sus-
pension by the government of the

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broadcast licence of a popular
television station.

The tenth festival of its kind,
CARIFESTA is scheduled to be
held in Guyana from August 22

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to 31. Traditionally, the festival
assembles scores of musicians,
dancers, artists, writers and poets
from throughout the Caribbean
in performances that celebrate
the region’s rich culture in all its
languages, movement and arts
forms.

In being held in Guyana, it is
returning to the ground on which
it was launched in 1972 as a cul-
tural mecca for the Caribbean’s

eople.

CARIFESTA was a shared
vision of the Caribbean leaders
of the time, but none worked
harder to make it possible than
the then Guyana prime minister
and leader of the People’s
National Congress (PNC), Forbes
Burnham.

Therefore, it is somewhat iron-
ic that as the festival returns to
the soil on which its seeds were
“sown, it is the PNC that finds
itself in a position where it feels it
has to oppose it.

The festival was shifted to
Guyana when a newly-elected
Bahamas government last year
reversed the-decision of its pre-
decessor government to host

- it. Since then, the Guyana gov-
ernment has been doing its best to:

put arrangements in place.

But, as the tenth CARIFES-
TA was launched in Guyana on
April 23, a small, hostile group
attempted to disrupt it and police
had to restore order to allow the

ceremony to take place. There is.

no question of the political organ-
isation of the protest. It followed
a march by hundreds of people a
week earlier through the streets
of Georgetown, Guyana’s capi-
tal, led by the leaders of the
PNC/R.

Those same leaders subse-
quently delivered a letter to the
secretary-general of the
Caribbean Community and Com-
mon Market (CARICOM) Sec-
retariat, which is located in
Guyana. Significantly, however,
the letter signed by the PNC/R
léader, Robert Corbin, did not
call for a boycott or cancellation
of CARIFESTA.

It concluded by saying: “I urge
you to bring these matters to the
attention of the Caribbean Heads
of Government. I hope that con-
sideration by them could lead to
recommendations to the Presi-

dent and Government of Guyana

to meaningfully address the issues
raised in this letter”.

The issues raised in the PNC/R
letter were numerous and, as
would be expected from a politi-
cal party, they were portrayed
from its particular standpoint.

Nonetheless, stripped of the
political bias the issues are real.

Guyana is bedevilled with prob-
lems, the most crucial of them

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being pockets of poverty through-
out the country, high unemploy-
ment and a shortage of skills since
more than 80 per cent of its ter-
tiary-educated people have
migrated, mostly to the US, Cana-
da and the UK.

It also has high crime — though
not as high as Jamaica and
Trinidad and Tobago — as a con-
sequence of economic depriva-
tion and its exploitation by drug
traffickers,

Discontent

There is plenty of grist for the
political mill if the country’s polit-
ical leadership on all sides of the
political divide were to resolve to
tackle assiduously and collective-
ly the issues that would allow
Guyana to achieve the prosperity
that is proffered by the riches of
vast and fertile agricultural lands;
the wealth of gold, diamonds and
bauxite; massive forests, great

reserves of fresh water and

untapped sources of oil and
renewable energy.

But, at the moment, the politi-
cal divide is a yawning and seem-
ingly unbridgeable gap.

Debate is conducted in the
public domain in emotional and
accusatory language that defies
co-operation.

And, while a political stand-off
continues, discontent simmers. It
is a discontent, incidentally, that
crosses racial and class barriers.

Undoubtedly, there is an over-

whelming desire by Guyanese

people of all walks of life for their
political leaders to identify the
main problems that confront the
country and work to solve them.
Unfortunately, it appears that
some of the political leaders on all
side§ mistake co-operation for
weakness.

In the event, the latest distrac-
tion of public attention from the
pressing issues in Guyana is the
decision by President Bharat
Jagdeo, in his capacity as Minister
of Information, to suspend the
broadcast licence of a television
operation run by C N Sharma.

Sharma is — to use the current
American jargon -.a ‘phenom’.

He has run for the presidency
of Guyana undeterred by the
derisory and pitiable number of
votes that he has mustered.

His remarks on television are
the stuff of which “Bushisms” are
made.

Few take him seriously, but all
are amused by him; all that is
except those who believe that his
television channel’s avenue for
criticism of all and sundry, and
the government in particular, by
anonymous callers is dangerous.

Almost everywhere in the

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world, live. calls from anonymous
callers are subject to a 10-second
delayed broadcast, allowing
responsible broadcasters to deter-
mine whether to cut-off an utter-
ance that is libellous, offensive of
good taste or moral values. Shar-
ma’s broadcast had no such delay.

Thus, in the height of emotion
after a massacre of 11 people by a
criminal gang, an elderly woman
in a non-specific way threatened
the life of the president.

Sharma recognised the unac-
ceptability of the woman’s com-
ment and upbraided her.

Nonetheless, the particular
programme was rebroadcast twice
with the offensive utterance un-
edited.

The High Court of Guyana has
been asked to pronounce on all
this, and will do so in due course.
It is arguable that the government —
over-reacted to the “threat’ and it”
would have done better to leave
the matter to an Advisory Com-
mittee on Broadcasting that had
earlier slapped Sharma on the:
wrist and told him to put a
delayed broadcast mechanism in”
place.

The government hose not to
do so, and by the four-month sus-
pension of Sharma’s television
station gave rise to a political
response that is now directed at
CARIFESTA. ~

But, in truth, the issue is less
about Sharma and more about
the divisive politics that have crip-
pled the country for decades.

It is a shame that, in that trou-
bled milieu, CARIFESTA has »
had to become a target.

e Responses to: ronald:
sanders29@hotmail.com

eo
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Thank you for caring enough to walk. Thank you for caring enough to give. Thank you for making the tenth Funwalk the
most successful yet!

Sincere thanks from Atlantic Medical to everyone who contributed their time and made a huge effort to mark Funwalk 10 as the best ever. The management
and colleagues at Atlantic Medical would also like to offer thanks to our co-contributors who have supported the Fun Walk and it's ultimate aims of raising
much needed cash for our partner charities and promoting the benefits of exercise to our community. Their efforts both in gifts and in personal commitment

have been gratefully received and we can also state that Funwalk t-shirt sizes are getting smaller too! So the message, with everyone's help, is getting through!

THANK YOU TO OUR FUNWALK PARTNERS (GIFT CONTRIBUTIONS/ VENDORS);
PRIZE SPONSORS; BRITISH AIRWAYS; JET BLUE; BAPTIST HOSPITAL; BALLY'S; WY NDHAM NASSAU RESORT, BRITISH COLONIAL HILTON; BTC; RIU;
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The management and colleagues of Atlantic Medical Insurance and their partners, The Cancer Society of The Bahamas and The Bahamas Diabetic Association.

The Bahamas Diabetic Association

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PAGE 12, MONDAY, APRIL 28, 2008 THE TRIBUNE











Chinese Ambassador's courtesy call
on Minister of National Security




CHINESE AMBASSADOR Hu Dingxian called on Minister of State for Immigration Elma Campbell
and Minister of National Security Tommy Turnquest at the Churchill Building.

PHOTO: Patrick Hanna/BIS |



NASSAU LISTINGS

RESIDENTIAL & COMMERCIAL















1. CARMICHAEL ROAD LLAGE SUB

PROPERTY DESCRIPTION: Single Family LOT NO. 147
Residence, 3 bed / 2 bath PROPERTY DESCRIPTION: Single-storey
PROPERTY SIZE: 11,988 Residence, 3 Bed / 2 Bath
FLOOR AREA: 1,710 sq. ft. PROPERTY SIZE: 5,000 sq. ft.
LOCATION: East on Carmichael Road from LOCATION: Drive West on Carmichael
Bacardi Road take the 1st asphalt paved Road from Gladstone Road intersection
easement on the right. Property is 150 ft - about 2,000 feet on right is entrance to the
south of Carmichael Road. subdivision - turn left at the T-junction — the
APPRAISED VALUE: $232,000 — property is the 19th on the right.

; APPRAISED VALUE: $145,000




















KIDZ CIHY

Montrose Avenue

P.O. Box N-1552 |

Nassau, Bahamas
Phone: 323-3460

~ Monday - Saturday

9:30 AM - 5:30 PM

Pre Inventory Sale
20% off Storewide
_ Friday April 29th - Saturday May 3rd













2. SOUTH BEACH ESTATES SUBDIVISION
LOT NO. 1 Block 22 ’
PROPERTY DESCRIPTION: Split Level
Residential Building with 3 Apts.
PROPERTY SIZE: 6,600 sq. ft.
LOCATION: Travel south along East Street
from Bamboo Boulevard take 1st corner on
right - Bougainvillea Blvd . Heading west

on Bougainvillea Blvd. take the 2nd corner
~ “T” junction and turn left onto Oxford Drive. .

Property is 3rd house on the right at the

western corner of Serville Drive and Oxford

Avenue.
APPRAISED VALUE: $397,000











9. CORAL HARBOUR WATERWAYS
SUBDIVISION PHASE 3

LOT NO. 176

PROPERTY DESCRIPTION: Single-storey

Residence, 3 Bed / 2 Bath

PROPERTY SIZE: 8,750 sq. ft.

LOCATION: Enter Kent Avenue from Coral

Harbour Road — Property is on the right - 1st

property after 3rd speed bump.

APPRAISED VALUE: $182,500







































10. ENGLERSTON SUBDIVISION
LOT NO. 12 Block 41
- PROPERTY DESCRIPTION: Single-storey
Residence
PROPERTY SIZE: 2,810 sq. ft.
LOCATION: On Washington Street
APPRAISED VALUE: $TBA









3._ STAR ESTATES EASTERN DISTRICT
LOT NO. 67
PROPERTY DESCRIPTION: Incomplete
Split- level Multi-Family Duplex
PROPERTY SIZE: 7,000 sq. ft.
LOCATION: Traveling east along Prince
ia aS Charles Drive take the 1st corner on the right
past Sea Grape Shopping Plaza. Heading
south on Jupiter Way bearing left around the
curve, the subject property is the third lot on

‘the left past the curve.
APPRAISED VALUE: $TBA















LOT NO. 1372
PROPERTY DESCRIPTION: Single-storey
Residence, 4 Bed / 2 Bath

PROPERTY SIZE: 6,000 sq. ft.

LOCATION: From the junction of Carmichael
Road and Cedar Way, travel south to the
T-Junction of Cedar Way and Golden Gates
Streets, turn right then take the first corner
right, Comet Terrace. The property is the first



“All Sales Final
No Refund Or Exchanges —

: fete AGE Ae Ree:






































4. TWYNAM HEIGHTS SUBDIVISION

LOT NO. 117 on the right.
PROPERTY DESCRIPTION: Single Family APPRAISED VALUE: $TBA :
Residence










PROPERTY SIZE: 8,000 sq. ft. 12. BRICEVILLE SUBDIVISION

.





LOCATION: Take Portland Boulevard east LOT OF LAND 4 i
of Super Value Food Store Prince Charles PROPERTY DESCRIPTION: Incomplete Four i
Drive - south to the 2nd corner (Continental Unit Apartment Complex :



PROPERTY SIZE: 6,000 sq. ft.

LOCATION: Situate on Southern side of a
Dead-end Corner south of Pine Barren Road.
APPRAISED VALUE: $TBA

Avenue) on the left. Continue around the
curve then take the 3rd corner.on the left
(Tropical Avenue), Traveling north the property
is the 10th lot on the left or first property after
passing Tote Avenue.
APPRAISED VALUE: $295,000












13. SUNSET PARK SUBDIVISION
LOT NO. 27 Block 8
PROPERTY DESCRIPTION: Single-storey














5. BEL-AIR ESTATES, CARMICHAEL ROAD





LOT NO. 259 . Residence 3 bed / 2 bath
PROPERTY DESCRIPTION: Single-storey PROPERTY SIZE: 6,375 sq. ft.
Residence LOCATION: From Carmichael Road and

























Alexandria Road travel North on Alexandria
Road, take the second left onto Carib Road,
then the first right onto Phang Road then the
first right onto Carvel Road, go around the
curve onto Parkway Drive and the subject
property is the third lot on the left beyond the
curve.

APPRAISED VALUE: $TBA

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: East on Carmichael Road from
Faith Avenue take the 4th corner on the right
(Turtle Drive) property is 4th lot on right.
APPRAISED VALUE: $186,000



















6. SOUTH BEACH CROWN ALLOTMENTS
LOT NO. Portion of Lot 52
PROPERTY DESCRIPTION: Single Family

, Residence.
fe PROPERTY SIZE: 37,550 sq. ft.

LOCATION: Northwestern corner of Marshall
Road.
APPRAISED VALUE: $197,000





14: SIR LYNDEN PINDLING ESTATES
SUBDIVISION
LOT NO. 3018/ 19
PROPERTY DESCRIPTION: Single-storey
Residence, 3 bed / 2 bath
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Traveling east on C.W.
Saunders Highway from Pinewood Gardens
roundabout, take the second corner on the
right (Lady Marguerite Pindling Avenue).
‘Heading south take the 1st paved corner on
the left (Lauren Street) then the 2nd corner on
the left (Pear Tree Avenue) the property is the
2nd house on the left painted light blue with a
white asphalt roof.
APPRAISED VALUE: $156,000










7.. SOUTH BEACH ESTATES WEST
SUBDIVISION

LOT NO. 33, Block 27

PROPERTY DESCRIPTION: Single-storey
Residence, 2 Bed/1 Bath

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Situated on Oxford Drive.
APPRAISED VALUE: $TBA





















; Excluding Sale
Items
and Hosiery

TOREWIDE|

SAS

APRIL 24-MAY3





VACANT LOTS


























. KOOL ACRES SUBDIVISION

- LOT NO. 9
. PROPERTY SIZE: Multi-Family Lot

6,000 sq. ft.
_LOCATION: Situated on the cull-de-sac in
Kool Acres. .
APPRAISED VALUE: $TBA

3. SANDILANDS ALLOTMENT
LOT NO. Parcel C
PROPERTY SIZE: Single / Multi-Family Lot
7,604 sq. ft.
LOCATION: On the southwestern corner of
Fox Hill Road (South) and a road reservation
two blocks north of Joe Farrington Road and

- Yamacraw Hill Road.

APPRAISED VALUE: $TBA











2. OPULENT HEIGHTS SUBDIVISION
LOT NO. 28
PROPERTY SIZE: Multi-family Lot
7,597 sq. ft.
LOCATION: Traveling on Carmichael Road
West of Millar Road, take the 1st new
paved road pass “The Outdoor Patio” on the
left, then take 2nd,left then 1st right - the
property is 2nd to the last on right before the
road ends. 5
APPRAISED VALUE: $75,000















2008 CreativeRelations.net



©

INTERESTED PARTIES SHOULD SUBMIT OFFERS (INCLUDE TELEPHONE CONTACT AND
POSTAL ADDRESS) TO: ASSISTANT VICE PRESIDENT, CREDIT RISK, P. O. BOX SS-6263,
TEL. 394-6465; FAX: 393-2883, OR CHRISTOPHER KNOWLES (FREEPORT), P.O. BOX F-40876,
TEL: 352-8307; FAX: 352-8221 FOR FURTHER INFORMATION. * WE RESERVE THE RIGHT TO
REJECT ANY OR ALL OFFERS

es

eerie wcll :
RND Plaza, Freeport « 351-3274
THE TRIBUNE/ MONDAY, APRIL 28, 2008, PAGE 13

¢

Commonwealth Bank consolidated its position as a Billion Dollar Bank as it grew to $1.23 Billion
at the end of March 2008. This was an increase of $53 million over December 31, 2007.

COMMONWEALTH

BAN K CHAIRMAN’S REPORT ON UNAUDITED RESULTS MARCH 31, 2008





The Bank has made a very positive start to what is widely regarded as being a very challenging |

year. We are obviously concerned about the economic uncertainty in the US and are monitoring

the potential impact on both tourist arrivals and capital project inflows. Nevertheless, the Bank

will continue to serve its loyal customers and prudently manage its resources. It is in difficult |

times that we distinguish ourselves and | am confident that our loyal and hardworking staff will
- continue to make Commonwealth Bank a Bahamian institution 7 which we can all be proud.

Net income for the quarter was $12.8 million up 10% from $11.6 million for the first quarter of
2007. Earnings per share increased 20% to 12 cents per share from 10 cents per share for the
first quarter of 2007. ; a sete seca

Annualised return on common shareholder equity declined slightly to 37.4%, as did Return on
Assets at 3.75% for the first quarter compared to 38.68% and 3.87% respectively for 2007.

of the tight liquidity experience in the economy in the first quarter.

Commonwealth Bank’s philosophy is to share our success with our shareholders, accordingly

on April 30th, the Bank will pay an extra-ordinary dividend of 6 cents per common share.

COMMONWEALTH BANK LIMITED
ConsoLipATED BALANCE SHEET
(Expressed in B$ ‘000s) (Unaudited)

rman

COMMONWEALTH BANK LIMITED

CoNSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ Equity

(Expressed in B$ ‘000s) (Unaudited) °

3 months ending

3 months ending





The decline in these ratios reflected the downward pressure on net interest margins as a result . |
|

March 31, 2008 December 31, 2007 March 31, 2008 March 31, 2007. ~
AssETS PREFERENCE SHARES
Cash and deposits with banks $ 17,694 $ 20,934 Balance at the beginning and end of period 84,983 _ 84,983 -
Balances with Central Bank . 107,992 72,609
Government Stock, Investments and Treasury Bills 100,130 98,050 Common SHARES
Loans Receivable (net) 973,384 954,943 Balance at beginning of period 1968 1,964
Premises and equipment 31,867 30,912 (Purchase)/Issuance of common shares (5) 2
Other assets 1,415 1,726 Balance at end of period 1,963 1,966
TOTAL $__ 1,232,482 $ 1,179,174
> SEA AP * hae ee SHARE PREMIUM.
LiABILITIES AND SHAREHOLDERS’ Equity Balance at beginning of period 27,643 26,429
Liabilities: ” (Purchase)/Issuance of common shares (1,963) 460
Deposits $ 985,261 $ 935,730 Employee stock options 54 0
Life assurance fund 16,472 16,184 Balance at end of period 25,734 26,889
Other liabilities 25,371 26,364
Total liabilities 1,027,104 978,278 GENERAL RESERVE
Shareholder’s Equity: Balance at beginning and end of period 10,500 10,000
Share capital 86,946 86,951
Share premium 25,734 27,643 Retainep Earninas a
General Reserve 10,500 10,500 Balance at beginning of period 75,802 59,290
Retained earnings 82,196 75,802 Net income 12,802 11,643
Total shareholders’ equity 205,376 200,896 Common share dividends (4,921) (3,933)
TOTAL $ 1,232,480 $1,179,174 Preference share dividends (1,487) (1,487)
. Balance at end of period 82,196 65,513
- SHAREHOLDERS’ Equity AT END OF PERIOD © $ 205,376 $ 189,351
COMMONWEALTH BANK LIMITED
oe oe COMMONWEALTH BANK LIMITED
CoNSOLIDATED STATEMENT OF CasH FLows
3 months ending 3.months ending (Expressed in B$ ‘000s) (Unaudited)
March 31, 2008 March 31, 2007 3 months ending 3 months ending
ar eT ; a March 31, 2008 March 31, 2007
‘ ‘ASH FLows FROM OPERATING ACTIVITIES:
niet cane $ g5,075 >, “S009 » terest Receipts $ 32642 $ 27,886
1 oe oe) ee Interest Payment 11,880 9,399
Net interest income 23,695 21,196 yen (11,880) (9,399)
Loan loss provision (2.585 2 080 Life assurance premiums received 2,163 2,215
—— 2) 1110. ——__2,080) 19.116 Life assurance claims and expenses paid (699) (808)
Pee nomi : , Fees and commissions received 2,571 2,235
Life assurance, net “| 57t Ka 7 1,214 Recoveries 1 461 . 1,502
Fees and other income ____2,176 _ 1,837 Gash payments to employees and suppliers (12,129) (7,793)
24857 22,164 14,129 15,838
Increase in loans receivable (20,952) (82,605)
Non-INTEREST EXPENSES: Increase in deposits 49,531 47,511
General and administrative 11,410 9,876 Net cash from operating activities 42,708 30,744.
Depreciation and amortization 606 623
Directors’ fees oe 38 43 Cash FLows From INvesTING Activities:
~ 12,055 10,542 Purchase of Government Stock, investments
Net INcomME 12,802 11,622 and Treasury Bills (17,196) (19,198)
Interest receipts and repayment of
Preference Share Dividends (1,487) (1,487) Government Stock and Treasury Bills 16,514 11,344
eee noes ae ne Purchases of premises and equipment (1,561) (1,253)
Net INcome AVAILABLE TO CoMMON SHAREHOLDERS $ 11,315 $ 10,135 Net cash used in investing activities (2,243) ___._ (9,107)
Avena NuMBER oF CoMMON SHARES 98,323 98,313 Cash FLows FROM FINANCING AcTiVITIES:
(Thousands) es Dividends paid (6,408) (5,420)
Earnines Per Suare (3 months) $ 0.12 $ 0.10 (Payments)/Proceeds from purchase /Issue (1,968) 462
oe Se of common shares
Share based payments 54 0
- Net cash used in financing activities (8,322) (4,958).
Net IncREASE IN CasH EquivALENTS 32,143 16,679
Caso Eaquivacents, BEGINNING OF PERIOD 93,543 92,295
Caso Eaquivacents, Enp oF Periop $ 125,686 $ 108,974

COMMONWEALTH BANK LIMITED ©

Three Months. Ended March 31, 2008
(Expressed in B$ ‘000s) (Unaudited)

| 1. ACCOUNTING POLICIES

Notes To Unaupitep INTERIM. CONSOLIDATED FINANCIAL STATEMENTS

These consolidated interim condensed financial statements have been prepared in accordance
with International Accounting Standards 34 Interim Financial Reporting. The accounting
policies used in the preparation of the interim financial statements are consistent with those
used in the annual financial statement for the year ended December 31, 2007.








aaa aa March 31, 2008 March 31, 2007 |
ee
Bank segment — External = 839

Real Estate segment —

External

Real Estate segment - $364
Intersegment

-_ 096

Cs
i
|
ee mpmst ff

The consolidated financial statements include the accounts of Commonwealth Bank Limited
(“the Bank”) and its wholly owned subsidiary companies. The subsidiaries are Laurentide
Insurance and Mortgage Company Limited, C.B. Securities Ltd. and C.B. Holding Co. Ltd.



| 2. BUSINESS SEGMENT

For management purposes, the Bank including its subsidiaries is Giganized into two major
operating units - Bank and Real Estate. The following table shows financial information by 3. DIVIDENDS

business segment: The Directors have approved interim quarterly dividends in the amount of 5 cents per
| common share (2007:4 cents) and an extraordinary dividend of 6 cents per share payable April
| 30th, 2008. The dividends are declared on a quarterly calendar basis. The interim financial
| statements only reflect the dividends accrued for the interim period.



4. COMPARATIVE FIGURES -DIVIDENDS AND EARNINGS PER SHARE

On October 17, 2007; the shareholders approved a three-for-one split effective November 9,
2007. Comparative per share data for 2007 has been restated to recognize the effect of the
stock split.

You SuoRBISYeANBaD BO0ZD
PAGE 14, MONDAY, APRIL 28, 2008

Caribbean Bottling Co. (Bah.) Ltd

Is seeking candidates for the position of
Marketing Brand Manager

| «Res onsibilities of the job function include but re 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 potentia] 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
Communications)
Build trust, value others, drive execution, foster innovation and demonstrate
high integrity and loyalty to the brand.

Job Requirements:

Minimum 5 years ‘of sales experience in the marketing industry

Proficient in Microsoft excel, word, PowerPoint and other software systems
Extensive experience in all aspects of developing and maintaining marketing
strategies to meet organizational objectives

Bachelors Degree in Business or related field.

Apply in writing by hand delivery or mail to:

Human Resource Manager
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

Sanpin Motors Ltd.
Your

Pre-Owned





Fax: 325-0883



THE TRIBUNE

LOCAL NEWS

Claim that government
has not adequately
addressed rising cost of
living, increasing fuel price

FROM page one

the Ministry of Works have
seen improvements since May,
2007.

“The reality is the govern-
ment has done a whole lot in
the last year. While there are
a lot of people who have not
realised their dreams, who
have not gotten what they
thought they should have, the
government has gone a long
way in bringing some sanity
to a country that was like a
runaway train under the PLP.

“You will see in areas like
education, in health care, in
Ministry of Works, in local
government, areas where the
government has put the nec-
essary things in place to push
the country forward. And,
yes, we have a lot to do, we
have barely scratched the sur-
face because that’s the extent
that the country needed to be
restructured,” he said.

Ex-MP for Bamboo Town
Tennyson Wells faulted the
FNM for not doing enough to
address the country’s high
food and fuel costs.

“I think the prices for fuel
costs and food products for
the poor are out of line, the

' prices are way up. Something

needs to be done about the
high costs of living. I don't
think they're doing a good job
there.”

He aserted that if only a
fraction of the $9.1 billion

investments recently
announced by the FNM come
into fruition, it could soften
the blow dealt to The

Bahamas by the US’s weak-:

ening economy.

“If they achieve what they
said in the House of Assem-
bly (Wednesday) about $9 bil-
lion (in proposed invest-
ments) I would give them a
B+. Mind you they may be
lucky if they get 10 per cent of
that.

“If they get 10 per cent of
(those investments) they
would have done very well,
and the Bahamian public
should not complain.”

On Wednesday, Minister of
Education Carl Bethel told
Parliament the government
has approved $9.1 billion in
capital investments during the
period of May, 2007 to March,
2008. |

Elcott Coleby, who lost his
bid for PLP chairman earlier
this year, blamed the econo-
my’s apparent slowdown on
the government's policies,

adding that the FNM is

“bankrupt” of ideas.
The FNM came into office

Judicial system

FROM page one

net and, as such, may have been seen to be open to possible influ-
ence by a member of the government.

“The whole question was about the independence of the judiciary...

One of the main and most vehement objectors was the sister of the
new appointee and one of the current members of the Judicial
and Legal Services Commission. Where (is) the voice of objection
and objectivity now from those quarters about the impression that
would be seen by the appointment of Mrs Nottage to the punrenie

Court?” the members asked.

The concerns of the US aside, Bar members pointed out that Mrs
Nottage was investigated in the Commission of Inquiry and was
heavily criticised in its findings. They criticised Chief Justice Sir Bur-
ton Hall and the committee for not taking this into consideration.

“It is unfortunate that more persons who are totally opposed to
this appointment have not committed pen to paper or called in to
talk shows to condemn the decision of the Judicial and Legal Ser-

vice Commission,” the letter said.

It added that, on behalf of “regular members of the Bar Associ-
ation”, grave concern and disappointment was being expressed.
over the fact that The Bahamas would be “subjected to embar-

rassment” over the appointment.

any
Co
Sas Sx ee

‘in May, 2007, with a projected

economic growth rate of 4.5
per cent but implemented a
“stop, review and cancel” pol-
icy which “brought the econ-
omy to a screeching halt” and
stagnated this projected
growth, he claimed.

Said’ Mr Coleby: “Now,
notwithstanding the external
forces that. would have

- impacted on the Bahamian

economy, the actions of the
government through the ‘stop,
review and cancel’ policy
accelerated The Bahamas into
a recessive state,” Mr Coleby
argued.

_ “After the country was in a
state of recession when un-
employment went up and the

. economy slowed down con-

siderably, the government’s
revenue had further declined.
The government implement-
ed no economic stimulus
package, and even the ones
that were in place they can-
celled them,” he claimed.

He said the govérnment’s
decision not to renew the
stamp tax exemption in
December, 2007, for first-time
home-buyers was a bad deci-
sion which contributed to the

. “fear” consumers are feeling
- as the cost of living rises.

Another failed policy was
the removal of the school
policing programme and not

‘Teplacing it with a viable alter-
native when levels of school

violence were on the i increase,

claimed Mr Coleby.

He also argued that the

FNM is taking credit for a

number of projects that were
on the table when the former
administration was in office.
“These were the same peo-
ple runnin’ around saying all
they saw was agreements on
paper and they haven’t seen
anything in the ground and it
never reach the Bahamian
people. But I don’t know how
they can change their talk in
10 short months. They’re talk-
ing about all the projects that
the PLP left in place. That’s

all their doing,” he said.

ikl
S ee FG)
Soa a

moo ee

foruary 20, 1970 - an 2007

When Tomorrow Starts Without Me

When tomorrow starts without me and I'm not here to see...
If the sun should rise and find your eyes filled with tears for me,

I wish so much you wouldn't cry the way you did today...
While thinking of the many things we didn't get to say.

I know how much you love me, as much as I love you...
And each time you think of me, I know you'll miss me, too.

But when tomorrow starts without me, please try to understand...
That Jesus came and called my name and took me by the hand,

And said my place was ready in heaven far above...
And that I'd have to leave behind all those I dearly love.

So when tomorrow starts without me, don't think we're far apart...
For every time you think of me, I'm right here in your heart.

By David Romano

Sadly missed by Wife, Antoinette, Sons Jonathan and Theo
Parents Raymond and Helen Russell
Sisters and Brothers and a host of Family and Friends


THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 15



Man shot

FROM page one

gun went off during the strug-
gle, hitting Winters twice. He :

died at the scene.

“An unknown man wearing :
sunglasses and a cap entered the :
establishment and pulled out a :
gun. He proceeded to harass :
customers and patrons demand- :
ing money before holding an }
off-duty police officer hostage :
by holding a gun to his head. :

He threatened the officer’s life,”

Chief Supt Glenn Miller told ;

reporters at the crime scene.

“The customer who was shot }
was a taxi-cab driver with no :

form of identification on him,”
the officer added.

The assailant reportedly fled :
in a white rental car, but it has :
been reported that the events :
were captured on the store’s sur- }
veillance cameras. Police recov- :

ered the weapon at the scene.

The gunman is described as :
5ft Sin or 5ft 9in tall, slimly built :
and of dark brown complexion. :

Witnesses from a nearby store :
said they heard two gunshots :
and saw people running and }

screaming.

Police taped off the area from }
Madeira to Mackey Street but :
an hour after the killing a crowd :
of people swarmed the scene :
when officers removed the }

body.

held up the establishment.

The harrowing events left
those on the scene visibly affect- :
ed and some received immedi- }

ate counselling.

Because the officer was not :
in uniform during the robbery, :
investigators are not sure if the :
culprit knew he accosted an offi- :

cer.

Road.

weekend.

Police believe the two inci- }

dents are related.

Saturday’s robbery is the lat-
est in a string of hold-ups by

machine-gun toting men.

Police are investigating a :
number of robberies targeted at :
low security-businesses like con- ;..
venience stares and fast food :

restaurants.

CSP Miller said there were i
about six customers standing in :
line and about three employees :
in the store when the gunman :

Police are also investigating
the murder of 22-year-old }
Theron Armbrister of Kemp ;

Reports state the victim was :
stabbed to death early Saturday :
morning while attending a party. :

A 23-year-old man is in hos- }
pital after being shot over the :

FROM page one

I had the virus I was shocked
but I had to take it how it is.
I just asked the doctor, ‘What
can I do to keep me living
rather than fretting about it?’
He told me all I have to do is
take my medication, eat
healthy food and get as much
rest as I can.’

Mr Harris said he gave his
life to Christ three weeks
ago. He supports his family
through the sale of his craft-
work, which is on display at
the All Saints Camp.

On his healthy one-year-
old daughter and his future
plans, Mr Harris said: “She
isn't infected. (Her birth)
made me feel proud and now
I have to give God thanks as
much as I possibly can. My
plan now is to be a father to
my child and a husband to
my wife and help other
patients at the Camp.”

He has lived at the camp
for seven years. His wife has
been there for three years.

The Saturday ceremony
was attended by camp resi-
dents and well-wishers from
the community. Adventure
Learning Centre bought the

All Saints Camp
residents marry

bride’s wedding dress, Ms
Dorris Barry donated the
wedding rings and Ms There-
sa Glinton prepared the food
for the wedding party. Ann

Lever co-ordinated the dona-.

tions. .

The Harris wedding is the
first ceremony at the site
since All Saints Camp pio-
neer Father Glenroy Nottage
died in 2003.

Camp administrator Diana
Thompson told The Tribune
it was her mission to contin-
ue the tradition of her pre-
decessor, the late Father Not-
tage, by encouraging couples
at the camp to get married
and lead normal lives.

“(Tony) is a very happy
man, he prayed to God to
bless him with a child before
he died and God gave him a

beautiful baby girl. It shows '

us that God is still moving
through and even though
they have this illness they are

Neighbours’ terror
over crack house

FROM page one

Another resident who has lived in the road for 30 years added:
“This used to be a nice area but now all around here is danger, dan-

ger. People are passing day and night. And I’m afraid to be home

on my own.”

Deputy commander of drugs enforcement, Asst Supt Basil Col-
lie, reassures residents that police are keeping a close watch on the
area, and are highly aware of the issues.

He said: “The difficulty is when these old houses are not secured
by the owners, so addicts will use them to take drugs, and in some
cases the addicts may occupy the house.

“We need the owners of the properties to secure their properties
to prevent the addicts from going in. Officers will continue their
checks and if people are taking drugs or selling from there we will

make arrests.”

ASP Collie said cleaning up the area must be a team effort
between police and the community, as property owners must take
responsibility for securing their properties, and neighbours should
continue to report crime to police to help them catch criminals in

their tracks.

He added: “If we are dealing with addicts 24/7 moving about and

using drugs, it is difficult to get there in time after we receive a

report.

“However, we will continue our patrols in this area until we:

catch them in the act.”

FOR SAFE
TURN OF

MISSING FROM FAITH. AVENUE AREA
SINCE AFTERNOON OF
SUNDAY APRIL 6TH.

FEMALE BEIGE COCKER SPANIEL, AGED
6 MONTHS, WEIGHT APPROX. 15LBS,
‘WEARING GREEN COLLAR WITH BELL.

sALL 427-3757

NO QUESTIONS ASKED!!



still living,” said Ms Thomp-
son, who is planning a double
wedding at the camp in
December.

Of the negative stigma
attached to the incurable dis-

ease she said: “Life (has) to
go on, this disease is for any-
one to catch who has unpro-
tected sex but life has to go
on. As long as God puts
breath in your body you have

to give thanks and praise.

“J just encourage people
who are infected don’t give
up, although there is no
(medical) cure there is a cure
in Jesus. All they have to do
is give God thanks and praise
that they have a next day to

RSES NEED TO

_ the camp's name,”

live.”

Her own sister died of the
disease in 2004 after battling
most of it in secret, she said.
She said interested persons
should make donations to the
camp’s BEC account.

“Even if it’s five dollars
they can give it to BEC in
she said.

There are currently 18
men, 20 women and 17 chil-
dren living at the All Saints
Camp.

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PAGE 16, MONDAY, APRIL 28, 2008 THE TRIBUNE

(2 nn ne a
Two surfers are bitten by sharks Old Bahama Bay sp arkles)

over the weekend, minor injuries | me |
for Four Diamond Awar

m@ NEW SMYRNA BEACH, Fla.
WEST END, GRAND

‘BAHAMA - Old Bahama
Bay by Ginn sur Mer has been
awarded the Four Diamond
Award by the American
Automobile Association
(AAA).

General manager Bob Van
Bergen said: “We are thrilled.
This distinction recognises our
commitment to providing the
service standards required.” . Cong : es oe

The AAA diamond rating | . ~AAA Pout Diamond Award

process is considered one of 8 P : pes Sarde
North America’s premier : age





AUTHORITIES say two surfers were injured in shark
attacks in New Smyrna Beach over the weekend, according
to Associated Press.

Capt. Jack Driskell, with the Volusia County Beach Patrol,
says a 24-year-old man stepped off his surfboard in chest
deep water Sunday morning and his right calf was bitten.
Driskell says the man was attacked by a shark. He adds that
the injuries are not life or limb threatening.

On Saturday another man drove himself to the hospital
after a shark bit his foot while he surfed in New Smyrna
Beach.

Mark Pattison, 21, says he was in chest deep water when a
shark bit his right foot. He told the beach patrol that the shark
let go after he jumped off his board and hit it. Pattison under-
went minor surgery for the bite.

ratulations OBB Team “Ginn





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.

share your news










hotel rating systems.

About 32,000 hotels
throughout the United States,
Canada, Mexico and the
Caribbean are AAA
Approved.

Status

To obtain Four Diamond
status, Old Bahama Bay
underwent an in-depth eval-
uation in which professional
evaluators from AAA visited
the property to assign a rat-
ing.

During their stay, evalua-
tors determined that the lux-
ury resort’s accommodations
were progressively more

CELEBRATING THE Four Diamond Award for Old Bahamas Bay by Ginn sur Mer.

dard property while the phys-
ical attributes of the resort
reflected an obvious level of
enhanced quality throughout.

In January, 2007, Ginn
Resorts assumed operations
of Old Bahama Bay by Ginn
sur Mer.

Ginn Resorts is developing

\ Ginn sur Mer, a 2,000-acre

resort community adjacent to
Old Bahama Bay that will
contain more than 4,400 con-
dominium and hotel units,
nearly 2,000 single family res-
idential home sites, signature
golf courses designed by Jack
Nicklaus and Arnold Palmer,



clubhouses, two large miari-)
nas, a private airport, a Monte:
Carlo style-casino, water and)
swim pavilions, a beach club
and a spa.

The $4.9 billion Ginn sur
Mer development will serve)
as Ginn Resorts’ flagship,
Caribbean development. —

GROUP OF COMPANIES

Inventory Closing 08,

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

refined and stylish than a stan-

SST a
For Global Shipping Line

Applicants must have:
e Prior shipping experience
¢ Knowledge of shipping industry
¢ Excellent oral & written skills
¢ Strong negotiation kills










Written applications should be addressed to
P.O. Box CB-12762 (Suite #223)
West Bay Street Shopping Centre
Nassau, The Bahamas ,

VB X11). Aoi




Tuesday APRIL

* JOHN BULL, Abaco
* JOHN BULL, Freeport, GB ~

Monday APRIL

~» JOHN BULL, Harbour Island
-° JOHN BULL, Exuma

/ We the family of the Late felen Veronica McEwen-
Humes wish to thank our many’yelatives and friends for your
Wednesday APRIL prayers, visits, telephone calls, floral arrangements, and other
acts of kindness during our imé of bereavement. ~
Special thanks go out to Rev. Fr. Michael Kelly, Rey. Deacon |
§ Peter Rahming, Rev. Deacon Maxwell Johnson, Monsignor
Preston Moss, Rev. Fr. Stan Kolasa, the parishioners of Qur
Lady of the Holy Souls Catholic Church, the clergy and-
members of the Catholic Archdiocese of Nassau, am
Management and Staff of Dermeritte’s Fun

* COACH, Bay Street

Thursday APRIL

Furuno radar, Furuno fishfinder, Furuno 1650NT
GPS/Chartplotter, Furuno temp, Garmin eo:
fishfinder(backup), head, 32gal live bait well, 230gal gas,
20 gal fresh water tank. Fresh and salt water wash down, §
VHF, Clarion CD, XM, 8 speakers, 1500 watt. shore
power, inverter/charger, 6 battery bank, battery switch.
Taco Grandslam Outriggers, 4 rod holders arch mounted, §
4 flush mounted rod holders, 2 deep drop plug outlets
( 12V OR 24V). 3 bilge pumps. high bilge water alarm
sysiem. 2 tackle storage lockers. 3 lazerettes, new bimini, 5
fresh bottom paint, everything working like new.
Life jackets. Swim ladder.
PRICE REDUCED FOR QUICK SALE:
$49,000.00 FIRM
CALL 394-1377 9am to Spm

* GUCCI, Bay Street

Monday APRIL



* JOHN BULL, Crystal Court, Atlantis

* CARTIER, Crystal Court, Atlantis

* GUCCI, Crystal Court, Atlantis

¢ BVLGARI, Crystal Court, Atlantis
- HAVANA HUMIDOR, Crystal Court, Atlantis

Tuesday APRIL 2 2

- JOHN BULL, Palmdale
- JOHN BULL, Harbour Bay

Wednesday APRIL | 23

¢ JOHN BULL, Mall at Marathon
- GUESS, Mall at Marathon

Thursday APRIL 2 4

* JOHN BULL, Bay Street
* DAVID YURMAN, Bay Street
* CARTIER, Bay Street

Manes ee 2 8

* JOHN BULL, Marina Village

* LA PARFUMERIE, Marina Village

* DOONEY & BOURKE, Marina Village

* JOHN BULL BUSINESS CENTRE,
Robinson Road





BALDWIN

SFimeless Cig Zsmanshyp




y.
tacting Mrs. Delmeta Seymour, —~
Telephone No. 302-1158.

Tenders are to be delivered on or before |
23rd’ May 2008, 3:00 p.m.
and addressed as follows:

Mr. Kevin Basden
General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas




Marked: Tender No. 663/08
Fuel System Repairs
Power Station Site

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THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 17






















































































cM Sa
TS gt
life in Cuba

@ HAVANA

ONLY a month has passed
since ordinary Cubans won the
right to own computers, and the
government still keeps a rigid
grip on Internet access, accord-

- Ing to Associated Press.

But that hasn’t stopped thou-
sands from finding their way
into cyberspace. And a daring
few post candid blogs about life
in the communist-run country
that have garnered internation-
al audiences.

Yoani Sanchez writes the
“Generacion Y” blog and gets
more than a million hits a
month, mostly from abroad —
though she has begun to strike a
chord in Cuba. On her site and
others, anonymous Cubans
offer stinging criticisms of their
government.

But it isn’t simple. ’To post
her blog, Sanchez dresses like a
tourist and slips into Havana
hotels with Web access for for-
eigners. It costs about $6 an
hour and she can’t afford to stay
long given the price and the
possibility someone might catch
her connecting without permis-
sion.

It’s a testament to the inge-
: nuity and black-market prowess
. Cubans have developed living
on salaries averaging $20 a
» month, with constant restric-
. tions and shortages.
The connections Cuban blog-
“gers are making with the out-
side world via the Internet are
irreversible, said Sanchez, who
“this month won the Ortega y
Gasset Prize for digital journal-
ism, a top Spanish media award.

“With each step-we take in

* that direction, it’s harder for the
government to push us back,”
she said.
~ On an island where many
censor themselves to avoid trou-
ble,.Sanchez says Generacion
“Y holds nothing back.

- “Tt’s about how I live,” she
said. “I think that technically,

» there are no limits. I have talked
about things like Fidel Castro,
. and you know how taboo that
can be.”

But she added that “there are
some ethical limits. I would nev-
er call for violence, for
instance.”

Since taking over from his
ailing brother Fidel in Febru-
ary, Raul Castro has lifted bans
on Cubans buying consumer
electronics, having cell phones
and staying in luxury tourist

- hotels.

While the changes have bol-

_Stered the new president’s pop-
ularity; most simply legalized
what was common practice. In a

: typically frank recent posting,
Sanchez noted that many
Cubans already had PCs, cell
phones and DVD players
bought on the black market.



‘ris in place at Atlantis

Caribbean.

Speaking of Ms Cohen’s prede-
cessor Nan Palmer, who will retire
this June, Mr Markantonis said:

“We are so grateful to Nan
Palmer for her eight years of loy-
al service to our business in the
Bahamas.



dent and area general manager of
the Ritz-Carlton, Grand Cayman
—a position she held since 2003.
Her former employers credit
Ms Cohen with helping the Grand
Cayman property being voted the
best Ritz-Carlton in the world and
the number one resort in the

plex businesses, and is well-versed
in the high standards associated
with running luxury resorts and
hotels.”

Ms Cohen will be reporting
directly to Mr Markantonis.

In her most recent assignment,
Ms Cohen served as vice-presi-

ATLANTIS has a new chief
operating officer who has taken
over the mega resort’s day-to-day
operations.

Jean Cohen, a executive of the
Ritz-Carlton in Grand Cayman,
officially took over from her pre-
decessor Nan Palmer on Wednes-

day.

“Tt is with great pleasure that I
welcome Jean to the team,”
Atlantis’ president and managing
director George Markantonis said
yesterday in a statement.

“She brings a fantastic back-
ground in managing large, com-

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CHRISTOPHER JOHN ANSELL (left)

Lordship Sir Burton Hall.

THE TRIBUNE



and Adrian Michael Anthony Hunt (right) with Chief Justice, his

Young attorneys are
called to Bahamas Bar

ON FRIDAY 4th April two
young Attorneys, Christopher
John Ansell and Adrian
Michael Anthony Hunt, were
called to the Bahamas Bar
before the Chief Justice, his
Lordship Sir Burton Hall.

Presenting the Petition of
Christopher Ansell, the son
of Mr John Ansell and Mrs
Maggie Ansell, Ms Leandra
Esfakis noted that in July 2005
Mr Ansell had taken a 2.1

Honours Degree in Law at

Reading University, England,
where he was also a highly
successful member of the
Mooting Team. On leaving
Reading, he joined the 2005-
2006 round-the-world Clipper
Sailing Race and had sailed
from South Africa some 4,300
miles across the Southern
Ocean to Fremantle, Aus-
tralia, involving a great deal
of teamwork in often treach-
erous conditions. He had then
spent a further: four months
travelling in the Far East and
Australasia, gaining useful
experience of other cultures,
before returning to Nassau for
practical groundwork in a

Ea |

—
ee

local.Attorney’s office. In
September 2006, Mr Ansell
embarked on a Bar Vocation-
al Course at the BPP Law
School in London, which he
passed with distinction, being
called to the Bar at the Hon-
ourable Society of the Middle
Temple in July 2007. After
several months working on
the legal team at Bank of
America in London, Mr
Ansell returned to Nassau in
late 2007.

Studies

In presenting the Petition
of Mr Adrian Hunt, the son
of Mr Reginald Hunt and Mrs
Lorna Sands, Mr Kirk Sey-
mour explained that Mr Hunt
had initially studied for a
Bachelor’s Degree in Eco-
nomics at The College of The
Bahamas, before continuing
these studies at the University
of Western Ontario, Canada.
He then returned to Nassau
to work in his father’s con-
struction business. During this
period, he became interested

in contracts and the process
of law, and subsequently trav-
elled to England to further his
education, gaining a 2.1 Hon-
ours Degree in Law and Span-
ish at the University of Buck-
ingham, where he also headed
the first pro-bono society for
the University. In 2006, Mr
Hunt went on to follow a Bar
Vocational Course at the BPP
Law School in Leeds, and was
called to the Bar at the Hon-
ourable Society of the Inner
Temple, London, in Novem-
ber 2007. Since returning to
The Bahamas, Mr Hunt has
among other things undertak-
en volunteer work for the Red
Cross.

Welcoming the new Attor-
neys, His Lordship Chief Jus-
tice Sir Burton Hall remarked
on the background provided
by each set of parents, who
had all been successful in their
various fields of endeavour,
together with the degree of
experience already obtained
by two such relatively young
persons, which he was sure
would benefit them in their
chosen fields.




MONDAY, APRIL 28,



2008

SECTION B e Renter ntti emit



iColina Imperial.

Confidence For Life

‘Three main’ tax incentives
to spark Bay Street revival

* Private sector recommends seven-year real property tax break, Business Licence fee rebate
and customs duty exemptions to encourage rebirth of depressed downtown Nassau areas
* ‘Five core objectives’ set out, with Task Force hopeful some results seen by ‘fall 2008’
* Zones identified for special attention, with private/public sector Task
Force recruiting for managing director to lead transformation

@ By NEIL HARTNELL
Tribune Business Editor

he private sector has recom-

mended “three main” tax

incentives to aid downtown

Nassau’s revitalization that
it hopes will be included in the 2008-
2009 Budget, and identified specific
areas it believes they will help to
upgrade.

Tourism and Development Board’s
(NTDB) chairman told The Tribune
that the proposed incentives package
was “really critical” to reviving
depressed areas in downtown Nassau,
such as the area east of the East Street-
Bay Street junction.

A number of such “zones” had been
identified, Mr Klonaris said, adding: “I
think it’s important government incor-
porate the recommendations we have.

would like to have, and hope they will
be incorporated in the 2008-2009 Bud-
get.”

The first incentive/break in this pack-

age would allow property and business .
owners in these zones to import free —

of all customs duties the materials need-
ed to build, reconfigure, reconstruct
and furnish their properties.

Mr Klonaris said the private sector
had also recommended real property

and some kind of business licence fee
credit according to the level of invest-
ment a business/property owner made.

Mr Klonaris said the terms of any
business licence fee rebate still needed
to be “fine-tuned” and worked out, and
added that the Government should
develop a process for expediting per-
mits required by all entrepreneurs and



Charles Klonaris,

the Nassau

There are three main incentives we

tax exemptions for a seven-year period,

SEE page 8B

Our Lucaya occupancy 15% ‘below expectations’

@ By NEIL HARTNELL
Tribune Business Editor

GRAND Bahama’s Our
Lucaya resort saw average
occupancies for the peak
March 2008 month drop 15 per
~ cent below expectations to 55
per cent, as a senior Bahamas-
based executive for its owner,
Hutchison Whampoa, said he

$16m fish farm investor

Pace of Hutchison’s $75-80m Silver Point project to depend on demand

was unaware a $250 million
offer for the property had been
rejected.

Jon Markoulis, president of
Hutchison (Lucaya) Ltd, told
The Tribune he had not heard
of reports reaching this news-

paper that the Hong Kong-

sees renewed hope

@ By NEIL HARTNELL
Tribune Business Editor

AN investor whose proposal
for a multi-million dollar fish
farm on Inagua was held up
amid a furious spat with the
former Christie administration
is now hoping the project can
go forward under the new gov-
ernment, his. attorney told The
Tribune.

Ocean Farms was listed as

SEE page 4B

Sponsored by oN

Sut :
Drive a Honda ar and get up to
40 miles per gallon





* Aquaculture promoter
denied by Christie
government believes
Inagua project could
become ‘$1bn industry’

* Estimates three-year
build-up, with 250 jobs
created and markets in

_ US, Japan and Europe
to diversify economy

Bay Street

plaza’s $12-

13m rebirth
to take year

@ By NEIL HARTNELL
Tribune Business Editor

DEMOLITION of down-
town Bay Street’s Moses Plaza
should begin “any day now”,
with its redevelopment into an
upscale $12-$13 million prop-
erty likely to take one year

| from when work begins.

Charles Klonaris, the Nas-
sau Tourism and Development
Board (NTDB) chairman, who
with his two brothers acquired
the Moses Plaza last year, said

SEE page LB



based conglomerate had reject-
ed that sum for the flagship
Grand Bahama resort.

He said: “We are not aware
of anything-like that here.It’s
not something we know of
here.” .

Instead, Mr Markoulis said





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iS Colinalmperial.

Contidence For Lite

Hutchison and its hotel brand
franchise partners, Starwood’s
Westin and Sheraton labels,
planned to put Our Lucaya
“back on a healthy footing” as
soon as the Bahamian tourism
market improved.

Hutchison, he added, had at

THE DAVIS FAMILY







year-end 2007 “switched over
from a management to a fran-
chise agreement” with Star-
wood for the property.
Denying reports reaching

SEE page 12B

One family many need = For
a solid financial foundation and

Cauca
UATE
TT UTS TT
ATL ee

| @ By NEIL HARTNELL
- Tribune Business
Editor

| THE Gov-
ernment has

| “formalized”

| a partnership

| with the

| Massachusetts
Institute of
Technology
(MIT) to con-

| struct a
framework

| for sustainable develop-
ment planning throughout

’ | the Bahamas, a senior gov- |

ernment minister told The
Tribune.
Dr Earl Deveaux minis-
ter of public works and
transport, said: “We have
formalized an arrangement
with MIT to engage in sus-
tainable development plan-
| ning, in a relationship and |
!in partnership with the

Bahamas, on an ongoing
_ basis.”

He explained that the
partnership, with MIT’s
School-of Architecture and
Urban Planning, was one
strand “of a very specific
response to a number of
issues” related to planning.

This alliance, Dr
Deveaux added, was



SEE page 6B

ii



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THE TRIBUNE

PAGE 2B, MONDAY, APRIL 28, 2008 ; |

Commonwealth
Bank’s profits
rise by 10.2
per cent

COMMONWEALTH Bank
shrugged off the ‘doom and
gloom’ starting to envelop many
players in the Bahamian econ-
omy during the 2008 first quar-
ter, as net income rose by 10.2
per cent to $12.8 million, up

from $11.6 million the year.

before.
The BISX-listed bank saw

total assets for the three months’

to March 31, 2008, increase by
$53 million to a record $1.23

billion, with earnings per share
(EPS) for the period up 11.8
per cent to $0.115 from $0.103
the year before.

Annualised return on com-
mon shareholder equity fell
slightly to:37.5 per cent, com-
pared to 39.3 per cent the year
before, while return on assets
also dropped from 3.9 per cent
in the 2007 first quarter to 3.75
per cent.

“The decline in these ratios

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reflected the downward pres-
sure on net interest margins as a
result of the tight liquidity expe-
rienced in the economy in the
first quarter,” said T. B. Don-
aldson, the bank’s chairman, in
a statement.

“Diligent management and
the momentum created by the
opening of the Golden Gates
branch in 2007 contributed to
the bank’s continued growth.
The Golden Gates branch’s
growth, which exceeded expec-
tations, has acted as a catalyst to
our overall performance.”

Following last year’s three-
for-one stock split, Common-
wealth Bank said its share price

~ had stabilized in the low $7

range, an increase of 50 per cent,
over 2007 comparatives.

Commonwealth Bank is pay-
ing an extraordinary dividend
of $0.06 per share on April 30 to
shareholders of record as of
April 15, and has increased its
quarterly dividend to $0.05 per
share from $0.04.

“We have made a very posi-
tive start to what is widely
regarded as being a very chal-
lenging year,” said Mr. Don-
aldson. “We are obviously con-

_ cerned about the economic

uncertainty in the US and are
monitoring the potential impact
on the Bahamas through both
tourist arrivals and capital pro-

' ject inflows.

“Nevertheless, the bank will
continue to serve its loyal cus-

tomers and prudently manage
its resources. It is in difficult

times that we distinguish our-

selves and I am confident that

our loyal and hardworking staff
will continue to make Com-
monwealth Bank a Bahamian -
institution of which we can all

be proud.”

Si tt atc et Mh

FREQUENTLY ASKED QUESTIONS
Q, Can I withdraw U.S. Dollar finds while I am shopping in Florida?
A, Yes. Customers of Bank of The Bahamas International will be permitced to withdraw funds,
in US. Dollars, ac BOB Financial Services, Inc. Such withdrawals, however, will be subject to

Bahamian Exchange Control Guidelines.

Q. Will I be able to open a U.S, Dollar account at BOB Financial Services, Inc.?

A. No. BOB Financial Services, Inc., will not offer US. Dollar account facilities at this rime.

Apply for VISA Credit & Pre paid Cards It will serve as'a customer service extension of the Bank's Bahamas based offices and service
Apply for Loans

centres and will allow customers access to their funds for multiple purposes, within Bahamian
Exchange Control Guidelines. .

Q. Will BOB Financial Services, Inc., be able to open accounts for persons wishing to conduct

Access Private Banking & Trust Services
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

@ Trade Finance

(All within the Exchange Conttol Guidelines of The Central Bank of The Bahamas). regulatory guidelines.

A AMO a Ahh ct AT a Aa A A ta ae ne


THE TRIBUNE



a are Eee er

Bank: 51 per

cent of loans
in arrears

‘Mi By CARA BRENNEN-
BETHEL
Tribune Business

Reporter

T H Ef
Bahamas} |
Development
Bank (BDB) | @
has vowed |
that there will |
be no “sacred |
cows and no
untouch-
ables” in its
aggressive
campaign to
collect $29 million in past due
loans, some 51 per cent of its
total loan portfolio, its chair-
man warning that failure to col-
lect was pushing the institution
towards bankruptcy.

Darron Cash

Darron Cash said that if the .

BDB was to remain financially

viable and continue to finance’

Bahamian entrepreneurs, it
must collect on its outstanding
arrears.

Mr Cash announced that the
BDB had established a grace
period until May 30, 2008, for its
delinquent clients, allowing
them to make payment arrange-
ments with its loan officers.
During the grace period, the
BDB will suspend all legal
actions and strenuous collection
activities, including issuance of
demand letters. The campaign
will also feature an aggressive
media ad campaign. ~ —

Mr Cash said the BDB was
aware of the economic and
financial climate its borrowers
wee operating in, and the prob-
Jems that may hinder their loan
repayments. As a result, the
bank intended to be as sensi-
tive and reasonable as possible
during the grace period.

After that. Mr Cash vowed

.:



‘Aggressive’ collection
campaign for $29m launched,
as BDB vows no ‘sacred cows

and untouchables’ in effort
to remain solvent

that the BDB will spare little

effort in recovering its assets.
Calvin Knowles, the BDB’s

managing director, added that

that the bank was targeting all:

clients with delinquent accounts
during the process, even those
accounts which it may have
written off previously.

Mr Cash added that for a
long time, the BDB’s record in
debt collection has been less
than stellar.

Absence

“The absence of consistently
vigorous and serious collection
efforts has given many delin-
quent borrowers the mistaken
perception that repayment is
optional. In many instances,
borrowers with the ability to
pay have simply refused to hon-
or their commitments,” Mr
Cash said.

“For various reasons, certain
borrowers have been viewed
and treated as untouchable. As
a result of these anemic collec-
tion practices, the Development
Bank has been on the inevitable
path to bankruptcy.

“As of December 31, 2007,
the bank’s unaudited financial
statements reflect a total loan

portfolio of | $56.4 million..OF J
that number, $29. million, or 5)"
f eda.the, gakeenny, of.




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non- performing. Only $27.4
million or 49 per cent are in
good standing.”

Mr Cash added that the BDB
had been sustaining losses on a
consistent basis for a very long
time. For the year ended
December 31, 2007, the audited
results will reflect a continua-
tion of this negative trend.

Mr Cash explained that since

~ their appointment on July 1,

2007, the new Board of Direc-
tors had been resolute on two
points - to increase the range
of access to funding for Bahami-
ans who wanted to participate
in their country’s advancement
as owners of business enter-

. prises, and to develop its exist-

ing business models to remain
financially viable and ensure it

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MONDAY, APRIL 28, 2008, PAGE 3B

Vacancy for the position of:

MANAGER, CREDIT RISK

Core responsibilities:



¢ Develop/promote/support, on an ongoing basis, improvements

to credit processes/procedures which will ensure the delivery
of the most cost-effective and efficient services to customers
without compromising effective management of risk.
Ensure compliance with the Bank’s credit policies and
procedures.
Adjudicate Credit Proposals within delegated authority.
Adjudicate/recommend and present Credit Proposals in.

excess of delegated authority to appropriate Credit Committee. |

e Remain current on macroeconomic factors within the local
economy and their potential effects on the Banking Industry
in general and apy specific Bank customer business.

e Ensure that the Bank’s delinquency and non-performing
ratios are maintained within the established guidelines.

¢ Monitor quality of Bank’s asset portfolio via relevant
reports.

e Oversee the conduct of reviews of the Credit Portfolio to
ensure that the integrity is being maintained.

e Assist in the development of training courses for Consumer
and Commercial Lending Officers.

e Manage the Bank’ s Loan Loss 5 Erovaponiig and Write Off
process.

Knowledge, Skills and Abilities:

¢ Bachelor’s Degree and five or more years of credit experience.
¢ Strong accounting and financial analysis skills.

e Strong negotiation skills.

¢ Detailed knowledge of Credit and Collections.

¢ Core knowledge of legal practices and documentation.

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

Interested persons should apply no later than May 2, 2008 to:

DA #62008
c/o. The Tribune .
P.O. Box N3207
Nassau, The Bahamas




















TEACHERS AND SALARIED
WORKERS CO-OPERATIVE CREDIT
UNION LTD.

THE NOMINATIONS COMMITTEE

wishes to announce that applications are now being invited from all

-as candidates for the seats to become available on either the board
of Directors or the Supervisory Committee at the 31st Annual General
Meeting to be held on Saturday May 24, 2008. <3

All members interested in serving in either capacity should collect an
application form from any office of the Teachers and Salaried Workers
Co-operative Credit Union Limited offices in Nassau, Freeport or Abaco.

The qualification for each post is available upon request.
e
‘Completed applications, along with other information requested ‘should
be returned to any of the offices on or before the clase of business on

Wednesday April 30, 2008.

All Resolutions must also be submitted by Wednesday April 30, aos.

Any application, not fully completed or without the requested supporting
information, or received after the aforementioned date will not be eligible
for consideration.

“TEACHERS AND SALARIED WORKERS CO-OPERATIVE CREDIT
UNION LTD. SERVING THE WHOLE BAHAMAS”

qualified members who wish to be considered for recommendation

es

5
1
h;
‘



a ct a

pa ceca

SBN a lata SA TTR



mene ESI aaneNnTneaT
PAGE 4B, MONDAY, APRIL 28, 2008

THE TRIBUNE



Cable Beach Pediatrix
Office of Dr. Jerome Lightbourne
PEDIATRICS/PEDIATRIC CARDIOLOGY



Key Responsibilities
Required to skillfully prepare international cuisine.
Assist in ordering food supplies and kitchen equipment as needed.

Qualifications

Above Rubins
Cable Beach
gy il ee yy At VL YE:
Fax 327-8749

points of cooking.

Announcing the Opening of

FROM page 1B

’ investment, No.55 among the
projects approved by the
Ingraham Cabinet since it took
office last May, documents
tabled in the House of Assem-

. bly last week showed, but the
project’s Bahamian attorney,
William Holowesko, said he
and his client were still wait-

Baker's Bap

Great Guana Cay, Abaco
The Bahamas

EMPLOYMENT OPPORTUNITY

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

Sous Chef

Will be required to oversee majority of cooking and methods of food
preparation.

Along with the Executive Chef, instruct kitchen employees in the finer

Assist in planning meals; making of menus, and assigning prices.
Assist in butchering and/or prepares meats and poultry for cooking.

High School diploma or equivalent

Culinary degree from approved school or completion of an approved
apprentice program is preferred :

5 to 10 years in different supervisory positions in the kitchens
including sous chef and/or chef d’ cuisine position.

Previous experience in a hotel or private club preferred.

Highly skilled cooking ability in all areas of kitchen including the ability
to prepare various ethnic cuisines.
Experience working in multiple operations preferred.

A minimum of two years international experience an asset.
Experience in opening a property a plus

The successful candidate will have the opportunity to work in a growing
and dynamic organization and must be a self-starter, team player, work
at the highest standards of performance, and meet deadlines.

If you are progressive and prepared to advance your career,

ing to sign a Heads of Agree-
ment with the Government.
Mr Holowesko’s client is
California investor George
Lockwood, who had planned
to grow and export a wide
range of fish, including salmon
and assorted shellfish, from the
Inagua aquaculture farm.
However, Mr Lockwood
walked away after he accused
the former government and
certain officials of “duplicity”
and negotiating in bad faith.
Since the change in govern-
ment on May 2, 2007, meet-




















#2- 4

INVITES
ALL YOUNG PERSONS AGES 13 THROUGH 19
YEARS TO ENTER

ON THE FOLLOWING TOPICS:
“tdeas For Effective Solutions In My Bahamaland”

#1- 800 words (for
“Describe what you think are the major social
problems facing The Bahamas today (for example:
the family, education and religion), and give your

suggestions for addressing them.”

1° Prize $500.00
2" Prize $300.00
3° Prize $150.00

“Briefly describe the major social issues facing
young Bahamian adults today and give attainable
solutions to address them.”

ings have been held between
Mr Lockwood and officials in
the new Ingraham administra-
tion, Mr Holowesko said, with
signs that the current govern-
ment is more favourably dis-
posed to the project than the
former administration.
“We’re waiting to have the
Heads of Agreement signed,”
Mr Holowesko told The Tri-
bune. “We’ve been waiting for
it for quite some time.” Mr
Lockwood first began seeking
government approval for
Ocean Farms some five to six



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THE YAMACRAW FREE NATIONAL MOVEMENT

NB NS Gee

ages 13-15 years)

a Prize $800.00 or Laptop
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1. Typed work preferred.
| 2. Size12 font and double spaced.
| 3. Ensure pages are numbered and each page has your name,

telephone number & email —_ address if possible.
4. Participants are requested to keep a copy of their entry in their |
possession.

' 5. No pornography or obscenity will be judged.
| 6. Individuals must have knowledge of subject matter as an
interview with the judges will be .part of the process for the
two best essays in each category.

| 7. Research is encouraged but your work should be in your own
words as much as possible.

} 8. There will be a small entry fee of 35.00 per application/entry.
- You are encouraged to submit only one essay.









APPLICATIONS CAN BE PICKED UP FROM OUR
HEADQUARTERS IN EASTERN ESTATES OR FROM THE
i NATIONAL HEADQUARTERS ON MACKEY ST.

WINNING ENTRIES WILL BE PUBLISHED IN THE

’ NEWSPAPERS AND PRESENTATIONS WILL BE

PHOTOGRAPHED.

ALL ENTRANTS WILL RECEIVE CERTIFICATES OF

PARTICIPATION

$16m fish farm investor
sees renewed hope

years ago, his attorney saying
he would likely have been less
patient than his client in deal-
ings with the Bahamian gov-
ernment.

Mr Holowesko added that
Mr Lockwood had estimated
Ocean Farms would take a
three-year build-out to become
fully operational, the first year
involving construction, the sec-
ond nurturing fish and the
third to reap the benefits from
selling that first harvest.

“He anticipates that it will
be a $1 billion industry in very
short order,” Mr Holowesko
said of Mr Lockwood. The
project is forecast to employ
some 250 persons, selling fish
for consumption in both the
Bahamas .and abroad.

Inagua is seen by Mr Lock-
wood as providing the perfect
climate for his aquaculture pro-
ject to succeed, giving access
to a regular supply of cold,
deep ocean water. The island
also has an airport and good
shipping services provided by
the vessel that comes in once a
week to service Morton Salt
and take away salt.

Listed in the National Eco-
nomic Council (NEC) papers
tabled by Carl Bethel, minister
of education, youth and sports
last week, as being a $12 mil-
lion investment, Mr
Holowesko said of Ocean
Farms: “It’s going to cost more
to build. The price of every-
thing has gone up. Mr Lock-
wood thinks it’s now $16 mil-
lion.”

Mr Holowesko added that if
Ocean Farms did go ahead and

. come to fruition, it would help

to diversify the Bahamian
economy, providing another
source of foreign exchange
earnings in a landscape where
‘all our income seems to be in
the tourism basket”.

Economic diversification is
especially critical on Inagua,
given that the island depends: «
on Morton Salt to provide 65°
per cent of all employment.
Most other jobs come from
either government or spin-off
businesses directly dependent
on Morton Salt.

“It will have the capacity to
sell all over the world,” Mr

Holowesko said of Ocean

Farms. “Mr Lockwood
believes he can make fish avail-
able for the price of chicken.
He thinks there’s a huge mar-
ket for this.

“He’s a very astute, educat-
ed man and believes he’s like
Henry Ford when he started
the automobile. He’s doing
something new that no one
else has done. It’s something
different. It’s not a tourism
development.”

Mr Lockwood was said to be
targeting export markets as far

submit your resume to the attention of the Director of HR &
Training, _ hr@bakersbyclub.com or by fax at 242-367-0804.

afield as Europe and Japan,
believing he could sell into the
latter for $200 per pound. Dis-
tributors are already said to be
lined up, including Whole
Foods in the US. ©







TH

Tel: (242) 324-9550

“Becoming the Employer of Choice in The Bahamas!” : 7
Email: famyamacraw@gmail.com



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See in store fi
further detai

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393-5310


THE TRIBUNE



i eae eC eas
Bahamas a ‘pilot
for tourism
disaster plan

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

THE Bahamas is working
with Caribbean disaster
response agencies to reduce the
vulnerability of its tourism
industry to natural hazards.

In one-day workshop held at
the Nassau Wyndham Resort,
and staged by the Caribbean
Disaster Emergency Response
Agency (CDERA), Bahamian
tourism officials and National
Emergency Management
Agency (NEMA) staff dis-
cussed how the Bahamas and
the entire. region can better
recover in the event of a natur-

al disaster.

The event is part of an ongo-
ing initiative to sensitise the
region on the affects natural dis-
asters can have on a country’s
tourism product, the aim being
to prepare a strategy and action
plan for Disaster Risk Manage-
ment.

Funding

Funding for the initiative was
provided in part by the Inter-

American Development Bank '

(IDB), which gave an $800,000
grant, and by CDERA, the
Caribbean Tourism Association
and CARICOM, which togeth-
er gave another $200,000 to the
project.

Established Bahamian Company in Construction,
Service and Retail
Is looking to hire an energetic and ambitious Bahamian person as

MANAGER

Salary plus incentive scheme. Also possible share
purchase option. Reply in writing with resume

“MANAGER”, P.O. Box CB-11541

The Annual General Meeting for the
Free National Movement Women's
YC ova TCM UT IM XM LC MM MLE Ey
11st May 2008@7:30 sharp at Free
National Movement Headquarters,
Mackey St. Please plan to attend]



Franklyn Michaels, part of
the three-person CDERA
team, gave a presentation on
the initiative during Friday’s
workshop and explained to The
Tribune the purpose of the
event.

. “What we are having here is a
country consultation, because a
number of countries have been
selected as pilot countries,

including the Turks and Caicos, '

the Bahamas and Jamaica, the

Dominican Republic,” he said.

Mr Michaels said CDERA
was trying to change the way
people look at disaster man-
agement.

He added that the widely-
held perception is that the
Caribbean does not have “a
wide range of threats, and that

disaster management is only a '

sometimes thing done by disas-
ter agencies like NEMA when
the hurricane season comes
around”.

It is hoped that through this
initiative Caribbean, countries
will look beyond only consid-
ering hurricanes or floods as
major natural disasters, and
start appreciating that various
other hazards can also have a
disastrous impact on tourism,
he said.

Mr Michaels explained that
a draft strategy will be refined
and adjusted as CDERA travels
to the various countries, and
that the final plan will then
hopefully be adopted by the
region. “[It is] important for the
Bahamas, especially when you
consider what tourism means
for the Bahamas, to think of the
negative impact of a major hur-
ricane on this archipelago, and
so what we are saying is lets
look at all of the risk. What do
we do when something happens

‘and what do we do to recover,”

he said.

POSITION AVAILABLE

GLOBAL UNITED LIMITED is looking to employ a CHIEF OPERATING OFFICER.
The successful candidate will be required to meet the following criteria:~

RESPONSIBILITIES

¢ Supervise all staff, providing general staff management and allocating staff

MONDAY, APRIL 28, 2008, PAGE 5B

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A rich source of Omega-3
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THEWESTIN ©&

GRAND BAHAMA ISLAND Sheraton
OUR LUCAYA Grand Bahama Island

OLE R LUCAY LU CAYA
Resort

EXCELLENT CAREER OPPORTUNITY EXIST FOR

Director of Engineering

Candidate will be responsible for leading a 70-member
team and the overall management of and maintenance of
the entire hotel. Should be highly skilled in all aspects of
engineering, inclusive of mechanical, electrical, HVAC
systems and related equipment in accordance with energy
conservation and preventative programs.

Director of Golf

The qualified applicant should be certified from a recognized
PGA program and must be able to demonstrate a high level of
competence in playing the game. The position involves working
with a team of dedicated teaching professionals within a golf
school and the daily management of two 18-holes golf courses.

A minimum of tén years golf experience in a managerial
A minimum of seven to ten years management experience capacity, exemplary customer and human resources skills,
in a major hotel facility within the engineering field.A —_ proven experience in cost and revenue management,
Bachelors degree in Engineering, Technological proficiency forecasting.and training.

in computer programs, Excel and Microsoft word.
a a
Asian Sous Chef Executive Sous Chef
Successful candidate will support and assist the executive

This successful candidate will assist the executive

chef and oversee the day-to-day culinary chef by overseeing the day-to-day culinary and banquet

operations of the hotel’s “fine dining” room, train operations and will train and supervise staff and monitor
food quality.

and supervise staff and monitor food quality.

Position requires creativity in culinary, budgetary
analysis capabilities. Knowledge in writing menus, sanitation

A minimum of two years experience as an Asian
Chef de cuisine in a resort or hotel with multiple food

outlets and 500+ rooms. Thorough knowledge in Thai,
Chinese, Japanese and Korean cuisines. Bachelors

or culinary degree from an accredited institution
preferred.

standards and applicable health codes. Minimum of

3 years experience as an executive sous chef in similar
size operation with multiple food outlets in excess of
75,000 square ft. Culinary or apprenticeship program

preferred.

Sales Manager

This aggressive, result oriented candidate will be responsible
for the soliciting of group business that will enable the hotel
to meet and/or exceed revenue goals in room and food and
beverage and will be required to conduct property site
inspections.

resources while monitoring professional development.
Lead financial oversight including budgeting, growth modelling, cash flow
management and related functions.

* Provide leadership and oversight for all operational functions.
Contribute to strategic decisions as a member of the firm's leadership featit,

* Develop systems and processes that support the firm's business development
activities.

Assistant Controller

Will lead, direct and manage the accounting
Department and produce accurate, efficient and
relevant operational information for the Resort.
perform regulatory audits, formulation, compilation
and presentation of forecasts, budgets, financial
statements and reports.

EDUCATION REQUIREMENTS
* Bachelor degree or higher

«CPA designation Basic computational and budgetary analysis capabilities

required. Thorough working knowledge in Excel, Delphi
and Microsoft word. Extensive knowledge of sales and hotel
and competitive market. Bachelor’s degree preferred. At
least 3 years experience in hotel sales preferred.

A minimum of 5 years experience in accounting,
finance or related field with at least 3 years

experience in the management and administration of
an operational or accounting department. Proficient in
Excel, Word and Delphi. Bachelor’s Degree preferred,

Pastry Chef

Candidate will manage and coordinate pastry
production of a volume food operation with a minimum
of 8 restaurant outlets and banquet operation in excess
of 90,000 square feet indoor/outdoor with emphasis on
plated and moder buffet set up techniques.

EXPERIENCE

* At least five years work experience in a consulting business or comparable busi-
ness or firm.

° Significant experience in overseeing and implementing operations functions,
Inanaging complex projects and supervising staff.

* A proven track record of entrepreneurship.

SKILLS

© Strong leadership and management skills.

* Excellent communication skills

* Quistanding skills in analysis.

* Ability to manage and advance multiple tasks and responsibilities at the same
ime.

« Ability to work in a dynamic, fast-paced environment.

Extensive knowledge and experience in sugar and

chocolate work, pastillage showpieces and must

be capable of preparing dessert, plated and buffet

presentations, Culinary degree from an accredited

Institution preferred.

Salary commensurate with current salary scales, skills,
qualifications and experience.

Deadline for Submission of Résumés is April 30th, 2008

We offer exceptional pay and benefits.
Qualified applicants should submit their resumes in writing no later than May 15, 2008 to:
ourlucayajobs@starwoodhotels.com
The Westin and Sheraton Grand Bahama Island Our Lucaya Resort
Attn: Human Resources
P.O. Box F-42500
Freeport, Grand Bahama

Please forward cover letter and résumé via mail, fax or email to:-

Human Resource Department
Global United Limited
P.O. Box CB-13838
Nassau, Bahamas-

Re: Chief Operating Officer

Fax: 242-377-1261


PAGE 6B, MONDAY, APRIL 28, 2008



Chief Engineer’! ject “Manager position available at

prestigious private island resort in the Bahamas. Minimum
of 5 years of professional experience in U.S./Caribbean
resorts/private clubs. Qualifications should include experi-

ence with power plants, reverse osmosis water generation
systems and general construction skills and management.

Excellent benefits package based on experience level,
including housing.
Interested persons should fax resume to 242-347-5004
’ or email to tstewart@catcayyachtclub.com

N ET W OR K §



THE TRIBUNE



Government planning partnership with MIT

FROM page 1B

designed to address a shortage
of planning personnel in the
Bahamas, and provide “a com-
prehensive overview of the
changes we need to make in
our approach”.

Dr Alia Sabur, an MIT grad-
uate, who produced a thesis
paper on planning in the
Bahamas, said development in
this nation had now reached
“a crucial tipping point”, and
needed to become more “sus-

CAREER OPPORTUNITY

SYSTEMS ADMINISTRATOR

IndiGO Networks is a growing telecommunications company based in Nassau,
Bahamas. The company. has a 17-year history in offering innovative technology
and telecommunications solutions to consumers in The Bahanias and has an exciting

opportunity for an experienced Systems Administrator.

Applications are invited from motivated individuals who possess a MCSE and have
a minimum of 5 years in a technical support role with experience in the following:

¢ In depth knowledge of Windows2000/2003 server and active directory.
¢ Group policies and administration, user administration, and general security

practices related to windows ,

¢ Working knowledge of Exchange, DNS, IIS, SNMP, and NTP
* Working knowledge of backup software, centralized storage and antivirus

solutions

¢ Cisco Routers, switches (LAN), TCP/IP routing, addressing and troubleshooting

desired

¢ Experience with VMWare and server virtualization desired
* Experience with systems monitoring/reporting desired

° Good oral! and written skills

Salary is commensurate with qualifications.

Only residents with the right to work in The Bahamas

will be considered.

Interested candidates should submit their resumes in writing to:

Attn.: Human Resources Manager
P.O. Box N-3920, Nassau, Bahamas

Fax: 242-677-1050

pot

facet aso.

Hoe hoiege

ie .

E-mail: hr @indigonetworks.com



PUBLIC HOSPITALS AUTHORITY
JRADOUNG AND DEVELOPMENT UNIT

ORPORATE OFFICE

ADVERTISEMENT

POSITION
ADMINISTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from suitabl
ualified employees for the post_of Administrative Assistant III,
Caen 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 e

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 man
xcel, Microsoft Word and Microsoft Power

within the unit
Point Programmes.

ement

Work on special assignments on behalf of the Deputy Director

of Training or any Training Man

er in the unit in order to

ensure well rounded exposure and experience.

Prepares pro 1m
seminars and training courses.

ammes and training materials, workshops,

Responds to oral and written queries as directed.

Conducts research, prepares conclusions, compues and types
statistical reports and spreadsheets as directed.

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.
Li

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 i
Department no later than 28" April, 2



or 3 Terrace Centerville vest), through your Head of

tainable and equitable”.

The paper added that land
use and infrastructure planning
in the Bahamas had tradition-
ally been “reactive”, with the
master planning burden falling
on major private sector devel-
opers and investors. As a
result, development policies
had become driven by invest-
ment incentives and “guide-
lines based significantly on
ability to invest”.

“This site-specific, invest-
ment driven model of planning
and pattern of development,
which chiefly responds to those
who come shopping, has result-
ed in significant development
oversight and spatial mis-
match,” the MIT thesis noted.

This was especially evident
in the comparisons between
the infrastructure and public’
services present on New Prov-
idence and Grand Bahama
when compared to the Family
Islands. These islands were
now experiencing enormous
strain and pressure due to their

increasing, attraction for for-
eign direct investment projects.

“This has resulted in
increased physical develop-
ment and subsequent popula-
tion growth. The explosive
growth and rapid physical
development currently being
experienced on several islands
throughout the Bahamas has
placed extreme demands on
human resources, and has
threatened the environmental
integrity of land and marine
resources in certain areas,”
Dar Sabur’s paper said. |

“In terms of development,
the Bahamas currently stands
at a crucial tipping point. If
development is to become

_more sustainable and equi-

table, a paradigm shift is nec-
essary whereby market driven,
project-by-project develop-
ment that simply responds to
those who come shopping

" requires review.

“The Government -of the
Bahamas should seek to devel-
op a land use framework that

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identifies land use objectives,
sets priorities, and implements
sustainable means of achiev-
ing social and economic goals.
Any development small or
large - whether local or foreign
direct investment - would tie
in closely with the overall
development goals and objec-
tives.”

Among the main objectives
suggested by Dr Sabur were
better environmental resource
management, identification of
areas that needed to be pre-
served and protected, and safe-
guarding Bahamian access to
the sea and beaches.

Basic land use plans, zoning
regulations, sites of public
infrastructure and public ease-
ments also needed to be iden- ,
tified.

Dr Sabur’s paper added:
“Unique planning dilemmas
faced by specific islands would
also be addressed. For exam-
ple, New Providence is chal-
lenged by vexing traffic and
congestion issues, while Abaco
must deal with the influx of
sizeable enclaves of informal
Haitian settlements.

“Harbour Island struggles to
maintain a balance between
historic preservation and mod- .
ern development, while the
workforce in the Exumas faces
a shortage of affordable hous-
ing options. Those living on
the island of Bimini are expe-
riencing social tensions related
to the importation of work-
force and the establishment of
exclusive foreign enclave com-
munities. As such, the focus of
each plan will speak to the
unique challenges of each
island, while tying into the
overarching economic, social
and environmental goals.” -

| JOB OPPOTUNITY |

/ Dean's Shipping Company has an immedi-

ate opening for an experienced Maintenance
Mechanic. }

The individual should have at least 10 years
expereince as a diesel mechanic with welding
experience. Successful candidate must be self
motivated, possess a strong work ethic, experi-
ence with diesel engines, tractor head, and trailer
| repairs.

Please respond to:

Deans Shipping Company
P.O. Box EE-17318
Telephone 356-6672, 356-6673


















@e

aw
THE TRIBUNE



MONDAY, APRIL 28, 2008, PAGE 7B



Tropical Shipping buys Miami firm

TROPICAL Shipping has
agreed to acquire Miami-based
Caribtrans Inc, a provider of
less-than-container load and full
container load consolidation
services from the US to the

Caribbean and Central Ameri-_

ca.
Caribtrans’ management
team and headquarters will con-
tinue to be located in Miami,
and the company will remain a
separate brand entity. Carib-
trans will also continue to oper-
ate through its own existing net-
work of agents and offices
throughout the Caribbean and
Central America. "We have

long admired Caribtrans and.

customer relations, satisfaction
and retention,” said Rick Mur-
rell, Tropical Shipping’s chair-
man and president. "While the
acquisition is relatively small in
relation to our total volumes,
adding about 4 per cent to
expected revenue growth, this is
an exceptional strategic fit for us
that increases our less-than-con-
tainer-load business into mar-
kets that are important to our
long-term success. We are excit-
ed to expand our service offer-
ings to include the Caribtrans
brand.”

Manny Sola, president of
Caribtrans, will remain in his
current position as leader of the

report to Rick Murrell.

Mr Sola said: "We are really
thrilled about the combination
of these two great companies.
This acquisition will continue
to. allow our customers and

agents to enjoy the unbeatable
service and reliability that has
been a trademark of both our
companies, while creating new
opportunities for our employ-
ees.”

a BAHAMAS

S i yet a.

——~ LIMITED

MGS aes aS |

COMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT
CLE/qui/01384

Common Law & Equity Division
IN THE MATTER of the Quieting Titles Act, 1959
AND

IN THE MATTER OF
ALL THOSE pieces parcels
or lots of land having the
number 1 and 2 on a plan of
a Subdivision of Allotment
Number 16 of the Sandilands
Allotments situate in the
Eastern District of the Island
of New Providence one of the
Islands of the Commonwealth
of The Bahamas

AND

IN THE MATTER of the Petition

‘their reputation for excellent | Caribtrans organization and will

WANTED

The position of Island Manager for Nassau is
open. A brief summary of the position is described
below. If you are interested in applying please
provide, by mailing to P.O. Box EE-15043 or call
424-0633, please include in the application a
detailed description of how you are qualified for
the position.

* oO.
Bahamas Supermarkets Limited operates a leading super- NELLIE A. SAUNDERS
market 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.

NOTICE

THE PETITION OF NELLIE A. SAUNDERS in respect of:-
“ALL THOSE pieces parcels or lots of
land being a portion of Allotment Number
Sixteen (16) of Sandilands Allotments situate.
in the Eastern District of the Island of
New Providence and is bounded as follows
NORTHWARDLY by Pine barren or
Golden ‘Hill Road and running thereon
One Hundred (100) feet EASTWARDLY
by Allotment Number Seventeen (17) and
ruaning thereon One Hundred (100) feet
SOUTHWARDLY by land now or formerly
the property ' of thlehem Securities
Limited and running thereon One Hundred
and Fifteen (115) feet WESTWARDLY by
a Road Reservation Thirty-four (34) feet
wide and running thereon Eighty-five (85)
feet and NORTHWESTWARDLY by the
said Road Reservation and running thereon
Twenty-one (21) feet.”

An opportunity for Management Trainees (Future Leaders)
exists in New Providence and Grand Bahama to join this
market leader.



Reporting to the Head of Retail Operations, the successful
applicants will;





¢ Be self-motivated and highly energetic.

¢ Have effective supervisory skills

° Be highly flexible and mobile and prepared to work
evenings, weekends and holidays

¢ Have a clean police record, drivers license, good
character references and be physically fit

e Have a university degree or currently in final year

¢ Have good communication (verbal and written) and
interpersonal skills

¢ Be numerate and analytical with the ability to
derive information from financial reports

¢ Be a strong problem solver

e Have the ability to multi task

¢ Solid functional computer skills with working
knowledge of Microsoft applications






Nellie A. Saunders claim to be the owner of the unincumbered fee simple estate in
ossession of the said land and has made application to the Supreme Court of
Coamouwedth of The Bahamas under Section Three (3) of the Quieting Titles
Act, 1959 to have her title to the said land investi
thereof determined and declared in a Certificate o:
in accordance with the provisions of the said Act.

- Management oversight of all activities in the
Nassau operation, administration and sales areas.

- Responsible for the profitability and growth of the
market.

- Focus on team and staff development

- Cost analysis and cost control

- Ensure compliance with all ISPS, Super carrier
and local security initiatives

ted and the nature and extent
itle to be granted by the Court




Copies of the Petition and the Plan of the said land may be inspected during normal
office hours in the following places:

The. Registry of the Supreme Court, East Street North in the City of Nassau,
Bahamas; and

The Chambers of Lockhart & Munroe, #35 Buen Retiro Road, off Shirley Street,
Nassau, Bahamas. .






Salary and benefits will be commensurate with experience and

} NOTICE is hereby en that any person having dower or right to dower or an
qualifications.

Adverse Claim or a claim not recognized in the Petition shall on or before




expiration of Thirty (30) days after the final publication of these presents, file in the
If you have what it takes to succeed in this challenging role, Supreme Court and serve on the Petitioner or the undersigned a Statement of his
i claim in the prescribed form verified by an affidavit to be filed therewith. ’

forward your resume and cover letter to:



Failure of any such person to file and serve a Statement of his Claim on or before
the expiration of Thirty (30) days after the final publication of these presents will

operate as bar to such claim.

Minimum Requirements

¢ Bachelor’s Degree (or higher) in the maritime
field

¢ At least 5 years of management experience in
the shipping industry

¢ Excellent interpersonal, analytical,

organizational, and customer. service skills

v



Human Resources
Bahamas Supermarkets Limited
East-West Highway « P. 0. Box N 3738 - Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com



LOCKHART & MUNROE



Chambers



. #35 Buen Retiro Road




No telephone inquiries please
Off Shirley Street




Ce J Curket

Nassau, Bahamas



Attorneys for the Petitioner



Sales Supervisor

Need

- Large established Wholesale Company seeks mature,
experienced sales supervisor. yee

Fer te Un Ne UleeS Ue eo is offering a 4 year Tuition scholarship for a student to

attend The College of the Bahamas

Independent
’ ; eonnet

- Should be familiar with the food and pharmaceutical wholesale USS HERS

9 9 9 0 s company

and retail distribution trade.

Client driven,

efficient and

TESPONSIVe

: Applicants must:-

* Responsible for the overseeing of sales persons, merchandisers
and the proper execution of in-store merchandising and
promotions.

Baharnian owned

and controlled Be graduating from High School in June 2008

Write an essay of maximum 350 words describing the positive effects of the
Banking industry on the Bahamian economy

Sao CNEL
CNTR
TOMLIN

- Will assist sales manager with daily supervision of sales and
merchandising staff.

Have a minimum cumulative 3.0 GPA

NOOK Be involved in academic, campus and community activities.
RTO Hem CNY

eae: Be willing to work part-time and during the summer at The Private Trust
TOM UU trUt OH

Corporation Limited

* Must be able to recognize sales, competitors’ and market trends
and report to management proposals to counteract negative

trends Eats improve sales. Demonstrate leadership and interpersonal skills,

EMCI OHO
URN
Mono
THEME ESUAy es

Obtain recommendation by a Principal or a member of the school’s
Business Faculty

- Must keep detailed records of all store visits, problems found, Be BAHAMIAN

recommended changes, instructions given, and follow up
IU oes stsSoMo] me tT Uale (rc

B Please request an application package from info@privatetrustco.com

; i 8 Deadline for receipt of applications is 16" May 2008.
_ Salary package commensurate with experience :

but above industry average.

Charlotte House
Charlotte Street
PO Box N-65
Nassau
PVR EN

Please note that The Private Trust Corporation Limited reserves the right to reject any or all applications. Decisions
made by The Private Trust Corporation Limited will be FINAL.

Must have your TUR EUE Telaelitel and will get gas
allowance.

T: +1 242 323 8574
F: +1 242 326 8388
VAN EEC aEReIDiT

Send resumes to:
employee.opp@gmail.com


PAGE 8B, MONDAY, APRIL 28, 2008

os OUR i | ee
‘Three main’ tax incentives to spark Bay Street revival



. FROM page 1B

businesses seeking to invest in
Nassau city.

The incentives package is
designed to encourage,
through tax breaks, downtown
property owners and business-
es to reinvest in their holdings,
breathing life back into parts of
downtown Nassau that have

become run down and neglect-
ed, with stores and restaurants
leaving for greener shopping
pastures.

Among the zones identified
for special attention, Mr
Klonaris told The Tribune,
were “east of East Street all
the way to Church Street”.
Others included the area bor-
dered by Navy Lion Road to
the west, all the way to Nas-

Legal Notice

bo NOTICE 2

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

RAYDEN ASSOCIATES LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137 (4)

of the International Business Companies Act (No. 45 of 2000),
RAYDEN ASSOCIATES LIMITED is in Dissolution.”

The date of commencement of dissolution is the 25th day of Febru-

ary, 2008.

MARK JAMES SHORTLAND
Vannin, Fairy Cottage,
Laxey, Isle of Man,

IM4 7JB
Liquidator



sau Street and Meeting Street
in the south, plus the feeder
corridors for Woodes Rogers
Wharf — Frederick Street,
Charlotte Street and Navy
Lion Road.

The incentive package is part
of a wider initiative underway
to revitalise downtown Bay
Street and the city of Nassau, a
project many believe ranks
equally alongside the transfor-
mation of Lynden Pindling
International Airport (LPIA)
in terms of the Bahamas’ most
critical infrastructure needs.

A joint public/private sector
effort, it has seen the Ministry
of Works and NTDB commis-
sion a 10-person public/private
sector Task Force to oversee
downtown Nassau’s sustain-
able development, both sec-
tors with five representatives

. each. ©









notice.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, JESTANA CAROLINE CLARKE
of Nassau, Bahamas, intend to change my name to JESTINE
CAROLINE CLARKE. 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

The Task Force has already
produced a job description for
a managing director, who is
likely to be identified and
appointed in two months’ time.
He/she, together with a team,
will head up the effort to guide
and oversee the city’s revital-
ization, The Tribune has been
told. .

Frank Comito, an NTDB
director and Board member,
said the Task Force was hope-
ful that “people will see the
results of some of these efforts
by fall 2008”.

“We’ve come up with some
draft terms of reference
around five core objectives,”
Mr Comito said in relation to

the managing director post. :

“The objectives will be
reviewed in the coming
weeks.”

The five core objectives



Legal Notice

—___ NOTICE

Banca del Sempione (Overseas) Lid.

Employment Opportunity
Assistant Portfolio Manager

Banca del Sempione (Overseas) Ltd. is looking for an
Assistant Portfolio Manager to join its select team of
professionals.

Responsibilities:

- Asset allocation for.customer accounts

- Application of investment strategies

- Trading of securities

- Review of performance of portfolios

- Liaison with clients and external portfolio managers

Minimum qualification:

- 5 years experience in a similar position

- excellent knowledge of European securities markets
- English and Italian written and spoken fluently

- Bachelors degree or similar

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

SANDOKAN HOLDINGS LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act (No. 45 of 2000), SAN-
DOKAN LIMITED is in Dissolution.”

The date of commencement of dissolution is the 26th day of March,
2008.

JENNIFER BISSON
23-25 Broad Street,
St. Helier, Jersey
Liquidator

’ Legal Notice

NOTICE

ANCIENT INVESTMENTS LID.



include producing a master-
plan for the sustainable rede-
velopment of waterfront Nas-
sau, drawing on previous stud-
ies by EDAW, the Historic
Nassau Study and Living Tra-
dition; establishing an author-
ity or management mechanism,
such as a Business Improve-
ment District (BID), to co-
ordinate the project; facilitating
public and private develop-
ment; and working with the
Ministry of Works and Trans-
port to address short and long-
term issues surrounding the
city’s transportation and park-
ing needs.

Mr Comito said the Task
Force would be able to draw
on the research, reports and
opinions put forward on down-
town Nassau over the last 10
years to assist in its work,
adding that there were “a num-
ber of management models
that could be put in place”.

The structures used to revive
waterfront cities‘in Florida and
Charlotte would be assessed
to see whether they could be
adopted for Nassau, Mr Comi-
to adding: “Hopefully, we [the
Task Force] will be in existence
for two years. Hopefully, it will
be morphed into a Manage-
ment Authority or something
like that. We’re developing a

‘working Budget for the next

two years.

“We’ve been given a man-.

date to reach out to the various
stakeholders. That includes the
private and public sector folks,
the vendor and retail commu-
nity, the property owners and
the cultural community. We’re

THE TRIBUNE



going to go through a process
as a Task Force to help shape
this thing. We’re giving birth
to the process as'a whole right
now.”

Mr Comito said downtown
Nassau’s revitalization was
“absolutely critical to both the
touristic development of the
country as well as the psyche of
us as a people. The condition
of the city, of our capital,
should be a source of great
national pride. It’s absolutely
essential for us to get it right”.

Downtown Nassau acted as
the “immediate, first and last-
ing impression of the
Bahamas” for the 1.8 million
cruise passengers who visited
the city every year, and repre-
sented about 50 per cent of all
tourist arrivals to the Bahamas.

However, Mr Comito
acknowledged that currently
“not enough of them are excit-
ed enough to get off the ship.
We want to make them excited
about getting off the ‘ship, see-
ing downtown and giving them
a taste of what we have to offer
— our historical sites, and
exploring all the island has to
offer. We want them to come
back as overnight visitors”.

Cruise passenger impres-
sions of downtown were also
critical to Nassau and the
Bahamas’ reputations in the
international tourism market-
place, Mr Comito said, with
‘word of mouth’ to friends and
relatives proving the most
effective tool this nation could

SEE next page

: Bs : ; !
HGChristie..
NS” Elegant island Living

_ KIMBERLY MORGAN —

-ASNOLONGER
AFFILIATED WITH
-H.G. CHRISTIE LTD.

For All Your Real Estate & Nester! Needs please contact us at:
Tel (242) 322-1041. Fax (242) 326-5642

IN VOLUNTARY LIQUIDATION

Email: sales@hgchristie.com

www.HGChristie.com

Notice is hereby given that in accordance with section 137 of the
International Business Companies Act 2000 ANCIENT INVEST-
MENTS LTD. is in dissolution.

- Knowledge of other foreign languages is an advantage.

Salary will be commensurate with experience. Interested

candidates should forward a copy of their resume to: Legal Notice:

EES (0s u(elD

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

The Date of the Commencement of dissolution was 25th April 2008.
David Thain of Arner Bank & Trust (Bahamas) Ltd., Building 2
Caves Village, RO. Box N-3917 is the Liquidator of ANCIENT
INVESTMENTS LTD. All persons having claims against the above-
named company are required to send their address and particulars of
their debts to the Liquidator before the 25th May 2008.

Human Resources
Banca del Sempione (Overseas) Ltd.
P.O. Box N-8159

Nassau, Bahamas
BIRD NEST INC.

. é , : sis In Voluntary liquidation
Only persons being interviewed for this position
will be contacted. “Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act (No. 45 of 2000), BIRD

NEST INC. is in Dissolution.”



FG CAPITAL MARKETS

BROKERAGE & ADVISORY SERVICES The date of commencement of dissolution is the 1st day of April,

2008,

Kenneth John Simpson
La Motte Chambers
St. Helier, Jersey
Liquidator

EPS $ Div $
0.135
1.502
0.643
0.188
0.289
0.058
1.093
0.091
0.428
0.157
0.316
0.713
0.810
0.651
0.386
0.035
0.411
1.059
1.187

S2wk-Hi 52wk-Low Previous Close Today's Close Daily Vol.
0.000
0.400
0.160
0.030
0.090
0.040
0.240
0.040
0.290
0.052
0.040
0.280
0.570
0.470
0.140
0.000
0.300
0.620
0.600.

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco 700
FirstCaribbean 500
Focol (S) , 5,755
Freeport Concrete

ICD Utilities

J. S. Johnson

1,000

Legal Notice

fey yed

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

1,403

Bidelity Over-the-Counter See eee
Bid $ Ask $ Last Price Weekly Vol. EPS $ Div S
Bahamas Supermarkets 14.60 15.60 14.60 13.4
Caribbean Crossings (Pref) 6.00 6.25 6.00 NM
RND Holdings - 0.35 0.40 0.35 N/M
oe § 8" Colina Gver-The-Counter Sedurities ee g
41.00 9.0

CAVERSHAM PROPERTIES LIMITED
In Voluntary liquidation

ABDAB 41.00 43.00
Bahamas Supermarkets 14.60 15.60 14.00 13.4
RND Holdi 0.45_ 0.55 | oe, 0:45 ; ; N/M
i ts ties # ‘BIS Listed Mutual Funds e SRE 3

NAV YTD% Last 12 Months
1.308126°"**
2.996573"***
1.387505***
3.701154"
12.1010**

“Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
CAVERSHAM PROPERTIES LIMITED is in Dissolution.”

und Name Yield%
Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Fidelity Prime Income Fund

100.0000 CFAL Global Bond Fund

100.0000 CFAL Global Equity Fund
CFAL High Grade Bond Fund 1.007%
Fidelity International Investment Fund 9.6346"

| Market Terris:

5.61%
13.11%
3.87%
17.78%
5.72%

1.25%
-0.14%
0.90%
-2.52% es : os ;
1.40% The date of commencement of dissolution is the 26th day of March,

100.00°* 2008.

100.00°*

-8.24% -8.24%

JAMES A RAMSDEN
Harbour Reach
Rue De Carteret
St. Helier, Jersey
Channel Islands

Liquidator

> NLA. Key
* - 29 February 2008
** - 31 December 2007
*** 11 April 2008
*e* - 31 March 2008

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weokly 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
52wk-Hi - Highest closing price in last 52 weeks
S2wk-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


MONDAY, APRIL 28, 2008, PAGE 9B

_THE TRIBUNE



Ex-Ginn executive to head Albany building



ALBANY has named former Ginn _ be responsible for delivering all community, which is setting a new . “We are very pleased to see Mr
executive John Davies as senior vice- _ aspects relating to the construction standard of design and construction Davies in the capacity of senior vice-
president of construction for its $1.3 and development of the 565-acre lux- quality for the Caribbean,” said Mr president of construction at Albany.
billion resort community in southwest ury community. Davies. “I look forward to working With over twenty years of construc-
New Providence, which broke ground “With the start of construction at directly with local Bahamian compa- tion management in the Bahamas and
last month. . Albany, it was time to bring a con- nies to build what will become one of _ his recent successful completion of

‘ struction leader like John on board,” the finest resort communities in the the Four Seasons resort project in
Exper 1ence said Christopher Anand, ‘Albany’s . . world.” » George Town, Exuma, he brings a
' - managing partner. “We are thrilled to e wealth of expertise as well as a

Mr Davies has more than 25 years have John — he is a fine person:and Appointment proven track record of working with
of experience in construction man- has experience building significant | Bahamian contractors.
agement of resort developments in projects around the world, including On Mr Davies’ appointment, “With Mr Davies onboard at

ree the Caribbean and US. He will over- the Bahamas.” Bahamian Contractors Association Albany, we look forward to a very
ES see all construction personnel and will “TI am honored to be a part of this (BCA) president Steve Wrinkle said: successful project.” ;

‘Pliede ciao’ tax
incentives to spark
Bay Street revival

~ HSBC &

HSBC Private Bank (Suisse) S.A.




cous peo Dalbeattie Hehe Be ES oh Ie Soe, tee
| Balance sheet
' at 31 December 2007




|
FROM page 8B ernment has taken the neces- vate sector moving forward i
sary steps, not just to encour- _ with the redevelopment of the
have. age but to embrace, the pri- . city of Nassau.”
’ The NTDB director, though,

reminded businesses and resi-
dents that transforming down-





























































town Nassau would not hap- | f Saar aa RE
‘ ae Liquidassets as Be et nate ee 28,976 51113
pen overnight, pointing to the Receivables arising from money-market papers ‘ 12,860,960 12,435,677
fact that Charlotte’s revitaliza- + Amounts due from banks ; epee S 5 “16,593,895 14,363,419
tion took 20 years from incep- { Amounts due from customers. ee eM ee 17,074,103, _____ 12,496,698
5 7 : Loans secured by mortgages ” a 1562,275, 1,436,287
tion to completion. Securities and precious metals held fortradng suposes==s=~S*~“‘«‘“ié‘“‘i<‘“ The most important thing, | Financial fixed assets ; 16,147,574 16,135,214
he added, was for all Bahami- Saar - ee fe enue
ans and stakeholders to buy N Gest ce ae SOO AOE
into the process, and ensure | Accrued income and prepaid expenses. Ba 542,531 499,232
they were in for the long haul | tera zn a
vi ; ; eee Oe a he ee
via a consistent involvement Glad girs Gn worn Grou Gotricanise and quiniTled panicgenta- eee Tear
d t ints due from Group c aan 3,798,041
and support. Rites { Total subordinatedioans 0 224884 262,071
Mr Comito paid tribute to j Liabitties ;
Norman Solomon and Fred Arnounts due arsin from marketpapers ee a8
: Amounts duetobanks 1,529,020 14,234,848
Hazelwood for starting the Other amounts due to customers 49,630,255 39,867,105
move to revitalise Bay Street in Accrued expenses and deferred income 580,717 498,757
the late 1908s, supported by Other Hisbiites —______— ($70,081 _____._ 853.148
. [ Value adjustments and provisions p
other merchants and business- i Reserves jo omen banking ska "463,440 ern
es. Ever since, he acknowl- i, Total amounts due a ts 83,990,435 55,342,585
edged, the process had been “Share capital 682,780 682,780.
on a “dual track”, with moves | se leona 2 a nel opel reserve LS
to improve downtown Nassau AAs ~ Sl a a og ee NS TD
accompanied by “seeing its ._; Total shareholders’ equity 3,326,661 2,991,518
degradation for 15 years”. 2006 M d B : [a Hlabilities 67,317,096 58,334,103
Both Mr Comito and Mr VO IVLEPCEGeS BENZ cxs500-s000cc “| TotsTamounts due o Group companies and qualiiedparicpents_——~=S~S~S*~S*SSC=CT TNC OG
Klonaris praiséd the Goyern- ee cue q Total suborciowted Gave: , aay ., , 886.333
% Z : so = : Contingent fiabilities! et BOB MAT OO, i
meiitfor its.commitmelly "td Fully Loaded - Limited Edition a ad eee RpgteMat Ss 29¢08n
downtown Nassau’, the latter 8 ' Off-balance sheet financial instuments: So ee
welcoming ioves by Earl Just Like New! _ 4 =underlying smounts* 83,521,288 -—~«61,439,518
me ‘cr positive replacementvalues 4,936,556. 450,993 |
Deveaux, minister of works . | = negative replacement values ae 71,933,351 420,916

transactions 99,841,423 13,347,155

ELUNE A EME END PEER oe NEM a a RR De





and transport, to set timelines
for achieving specific goals.
Mr Klonaris said: “The Gov-



Sark I : x
Statement of income
.| fot the-year- ended 31 December 2007




«

GN-672 |



2007 2006
CHFO0O CHFCOO




Lm Rs SOAR EBay ht a EL Be ge

(aseecneemimmertepeenciondnetmamnemanennemcceicsem at eben tennant a





































i taterest income cscs opal
‘ ; { interest end dividend income Se pape
cas 3 : - i i i rttoli 875,5: 4,

: 5 Saas aoerer eo eee oe ” (2,474,938) «(2,053,545 ~~ >
MINISTRY OF EDUCATION, YOUTH, SPORTS & CULTURE _ Net interest income 3528638 845.848
REDEVELOPMENT OF THE QUEEN ELIZABETH SPORTS | Ingo om sormiesins, products and eer ng

i * Commission income from it-granting busin is asysegee , fe 5

_ CENTRE PROJECT _ Gomsnsion income fom socuii and investment actniies 968,762 656.888

: re . ae : aarrens es Cf : 16,522 12,366

‘ ~ : ’ eleseresel emoiei other services rendered ate ie eh

REQUEST FOR PROPSOAL FROM QUALIFIED Net income from commissions, products and services 27032) 885. 3B.

__. PROFESIONAL CONSULTING FIRMS : ——— a Sane nc di

The Government of the Commonwealth’ of The Bahamas through the en os fee at eae

Ministry of Education, Youth, Sports & Culture is requesting proposals from Other ordinaryincome 2511. 8,686

ualified professional Consulting (Engineering and/or Architectural and/or . Total other ordinary results a4 Moe
lanning firms/consortia ‘with experience regionally and internationally _ Operating expenses eb ha rei ceae eek oth oe Ere pn sees elias

to provide Planning Design, Engineering and Construction Management prlacaeshacsa cess ae Peas os

Services for the redevelopment of the Queen Elizabeth Sports Centre, qd ebnugaierens suai (797,730) (678,318)

New Providence, The Bahamas. ; ‘Guoapiiic. © ee a ee WIG MIB: 0, BIDEGE

ee ok ; : Depreciation offixedassets = SSSCSS~S~<“S;sé“‘i=‘“S;i<=SC~SC 828) 21,597)

It is intended that through sound planning, design, construction, . Amontisation of goodwill _. 44694) 18,170)

implementation, monitioring and management of various components, au ; aria pe

: : : rofit before extraordinary items and taxes 852,098 967,465
the investment by the Governement in the Redevelopment of the Queen Guirsondinany nGsrie a ey 729 7 71,928
Elizabeth Sports Centre will ensure the sustainability and integration of all: xt xpenses (52,443) (19.678)
sporting disciplines for The Bahamas: s A Le ee ee Sree

Profit for the year 665,143 474,327



The Ministry of Education, Youth, Sports & Culture now invites interested |
consultants both local and overseas,’ to collect for a non-refundable fee of
B$150.00 (US$150.00) the Request for Proposal (RFP) documents and to
complete and submit same in accordance wih the instruction therein,

| Report of the statutory auditors
| to the general meeting of shareholders
i HSBC Private Bank (Suisse) SA, Geneva



RFP documents may be obtained by interested parties as of Monday 21st
April, 2008 from: /



v

The Civil Engineering Section














1st Floor East Wing sae. og ; Poodacaid

ini , . As Statutory auditors, we have audited the In our opinion, the accounting records and financial!
Ministry of Works and Transport | gccounting records and the financial statements |. statements and the proposed appropriation of
John F. Kennedy Drive (balance sheet, statement of income, statement | available earnings comply with Swiss law and the

= ._ of cash flows and notes) of HSBC Private Bank company’s articles of incorporation.
.O. Box N-8156 : (Suisse) SA for the year ended 31 December 2007. |
Nassau e Ba : “-| We recommend that the financial statements
; Tel eph ar (2 328 4830 Extn 4042 These financial statements are the Hepa | submitted to you be approved.
: "of the Board of Directors. Our responsibility is to
' Fax: (242) 302 9770 " express an opinion on these ee statements _ , KPMG Ltd
one . . based on our audit. We confirm that we meet | Philippe Cordonier
Email: 4howie@ gmail.com . the legal requirements concerning professional ' Swiss certified accountant.
{ qualification and independence. : | Auditor in charge
s x s mm. i Our audit was conducted in accordance with Swiss ' Mathieu Rieder
between the hours of 10:00a.m and 4:00p.m. Mondays to Fridays upon Due senders: wrdch reauie thel ev aach te Me et tes



planned and performed to obtain reasonable
assurance about whether the financial statements
are free of material misstatement. We have examined
ona test basis evidence supporting the amounts
and disclosures in the financial statements. We
have also assessed the accounting principles used,
significant estimates made and the overall financial
statement presentation. We believe that our audit
provides a reasonable basis for our opinion.

evidence of the payment of the fee stated above. (Please note that payment
may be in form of cash, or certified check, or bank draft or money order made
payable to The Public Treasury of The Bahamas)



Geneva, 22 February 2008





A mandatory pre-poposal meeting and site visit are schedule for Tuesday, 13th
May 2008 at the Conference Room (1st Floor), Ministry of Education, Youth,
Sports & Culture at 10:00a.m.




The proposal is to be deposited in the Tender Box at the Ministry of Finance
_ 3rd Floor Cecil Wallace, Whitifield Building, West Bay St, Nassau, The
Bahamas no later that 10:00a.m. on or before Tuesday, 3rd June 2008.



The summarized financial information set out above is derived from the Annual Report of HSBC Private
Bank (Suisse) S.A. for the year ended 31 December 2007. The full Report can be obtained from: HSBC
Private Bank (Suisse) S.A., Suite 306, Centre of Commerce, One Bay Street, P.O. Box N-4917, Nassau,
Bahamas.




Permanent Secretary
Ministry of Education, Youth, Sports & Culture

Date: 16th April 2008


PAGE 10, MONDAY, APRIL 28, 2008



REGISTRATION NOTICES

Registration for Fall ~ 2008.

The Office of The Registrar wishes to advise that Online Registration for the Fall Semester for all current
students is now taking place. Please visit the College’s website at www.cob.edu.bs for further Registration

details. ,

L

Late Registration for the Summer Session will also be online and will take place on Thursday, May 15th,
and Friday, May 16th, 2008. Please visit the College’s website at www.cob.edu.bs for further Registration
details on Friday, May 2nd, 2008.

STAFF VACANCIES

OFFICE OF ACADEMIC AFFAIRS
aculty Advertisements 2008

Lecturers in Law (New Providence Campus

‘andidates should have at a least a first degree in Law, with no less than an Upper Second Class Honours or equivalent. Possession of a
postgraduate degree and some experience as a legal practitioner is desirable. The curriculum includes all branches of Common Law and
courses pay special attention to the place of Law in Commonwealth Caribbean jurisdictions. The ideal candidates should be competent in
at least three of the basic or.core Common Law subjects including, but not limited to, Law and Legal Systems of the Commonwealth
Caribbean; Criminal Law; Legal Writing and Research; Law of Torts; Commonwealth Caribbean Constitutional Law; and Law of Contract.
Experience in teaching in a semester system would be an asset. The successful candidates will be expected to pursue individual and
departmental research interests and to publish in reputable law journals. 4

SCHOOL OF BUSINESS

ssociate/Assistant essors — Accounting (Northern Bahamas Campus

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








ate Registration for Summer ~ 2008










Assistant Professor — Accounting (New Providence Campus

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

SCHOOL OF SCIENCES & TECHNOLOGY
ool of Sciences and Technolo
athematics (New Providence Campus & Northern Bahamas Campus
‘andidates must be able to teach Mathematics at introductory through final year levels. The ideal candidate will have a doctoral degree in
the subject area, tertiary-level teaching experience and some professional experience. However, candidates with at least a Master’s degree
in the subject area, a minimum of five years’ teaching experience at the tertiary level and some professional experience will be considered.

Assistant Professor - Physics (New Providence Campus .
[he successful candidate will demonstrate a strong commitment and the ability to teach undergraduate Physics or Astronomy courses to

science and non-science majors. A Ph.D. in Physics is required. Candidates with research specialties in the following areas are especially
* encouraged to apply: atmospheric and environmental physics, condensed matter physics, computational physics, astrophysics, physics
education and alternative sources of energy.

Assistant Professor - Pharmaceutical Sciences (New Providence Campus
candidates must have at least a in Pharmacy and professional experience, as a pharmacist. The candidate will be expected to
_ coordinate a new pharmacy programme and to teach content area as well as professional courses at the Bachelor's Degree level.

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

LIBRARY AND INSTRUCTIONAL MEDIA SERVICES
Librarians (New Providence Campus)

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

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

The Librarians must possess Masters Degrees in Library and Information Science from accredited institutions, and a minimum of two years
post-Masters professional library experience. The-position of Law Librarian also requires that the Librarian be the holder of a law degree.
All incumbents will demonstrate strong communication and interpersonal skills that engender an excellent customer- friendly environment

_ and professionalism. Evening and weekend reference service (on rotation), library research, service to the community and library instruction
will also be required.

Salary Scale: Master’s Degree - $32,710° - $47,710 :
To ensure consideration, application materials must be received by April 30, 2008. A complete application packet consists of:

° An application letter :
College of The Bahamas’ Application Form
A detailed curriculum vita 5
Copies of all transcripts (original transcripts required upon employment)
The names and contact information for three references
The Director
_ Human Resources
The College of The Bahamas
. Oakes Field Campus

Thompson Boulevard & Poinciana Drive

P. O. Box N-4912

Nassau, Bahamas

The College of The Bahamas is the national institution of tertiary general education of The Commonwealth of The Bahamas. The
institution grants certificates, diplomas, associate degrees, and a growing number of Bachelor's degrees to nearly 4,000 students located

around the Bahamian archipelago. It has extensive links with tertiary institutions in the Caribbean and North America and its credits

are accepted by more than 200 colleges and universities in those regions and in Great Britain. It is poised to embark aggressively upon
a@ major expansion of its programme offerings, its research activities, and its physical facilities, and to incorporate distance teaching
methodologies into its repertoire of strategies for delivering instruction, all with a view to seeking a charter as a university.
Please visit the College’s website at for more information about the institution and to access the College’s Employment Application
Form. ;

SCHOOL OF EDUCATION

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

Assistant Professor — Religious Education (New Providence Campus)

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

Assistant Professor —- Mathematics (New Providence Campus)

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

. Assistant Professor — Physical Education (New Providence Campus)

’ Candidate should have a Ph.D. in Physical Education with a minimum of 3 years of school teaching; however, consideration will also be
given for persons with a Master’s Degree in Physical Education plus 5 years of teaching experience along with 4 Teacher’s Certification
or Diploma in Education. Candidates will be expected to assist with teaching physical education courses, assist with supervision of student-
teachers and assist with curriculum development of physical education courses/programmes. ;

.

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

Salary Scale :

$39,460 - $61,960
$42,160 - $69,160

Master’s Degree -
Doctorate Degree -

Interested candidates should submit the following information for consideration:

The College/University of The Bahamas Employment Application,
A Comprehensive Resume

Official transcripts

Three work references

All information should be addressed to:
The Director, Human Resource
The College of The Bahamas
P.O. Box N-4912

Nassau, N. P, The Bahamas
Facsimile: (242) 302-4539

E-mail: hrapply @cob.edu.bs
Web Site: www.cob.edu.bs

The application deadline is Friday May 16 2008. ‘

"HE COLLEGE

Visit our website at www.cob.edu.bs

THE TRIBUNE






The Gerace Research Centre (GRC), formerly the Bahamian Field Station, is located on the shore of Graham's Harbour
on the north coast of the island of San Salvador in The Bahamas. The centre has been in operation since 1971 and offers
facilities for students, professors and researchers from around the world to study in a tropical environment. Since 1972,
under the auspices of the Gerace Research Centre, scientists from all over the world have been conducting research on San
Salvador in Archaeology, Biology, Geology, and Marine Science. The.GRC has 15 buildings on 8 acres of land that provide
accommodation for 200 people, full service Cafeteria serving three meals daily, 10 laboratory/classrooms, a library with
air conditioning, computers, and internet access, a specimen repository, a wet lab with sea water aquaria, a analytical
laboratory, basketball and volleyball courts. The centre provides the basic equipment for researchers and groups including

‘ yehicles for transporting researchers and students, a fully captained power boat, canoes, SCUBA tanks and snorkeling gear

and basic field and laboratory equipment.

Applications are invited from suitably qualified individuals for the following three year contractual position at the Gerace
Research Centre, beginning Fall 2008: .

HEAD OF MAINTENANCE ,

The successful candidate will be expected to reside at the GRC where he/she will be responsible for directing the overall
operations of the physical plant, including vehicles and boats, facilities maintenance and supervision of physical plant staff
and performance reviews. Additionally, responsibilities will include the managing and project administration of minor
construction/renovation projects around the Centre; planning and directing the operation and routine maintenance programme
of the GRC facilities and to establish preventative, predictive and replacement maintenance programme of the Centre’s
equipment.

Minimum qualifications include an associate degree in an engineering related area or equivalent and a minimum of 5 years
experience directly related to physical piant management or an equivalent combination of education, training and experience,
with considerable knowledge of physical plant management, personnel management, safety and budgetary practices. The
successful candidate must have a sound mechanical background, including a working knowledge of electricity, motors,
pumps, plumbing, refrigeration, and vehicles. The Head of Maintenance is also responsible for maintaining a small dive
shop and dive compressor, so scuba certification and knowledge of dive operations is desirable. The successful applicant
must be able to prioritise and perform under pressure in both a customer contact and administrative capacity. Outstanding
human resource management skills are necessary. Salary is negotiable based upon qualifications and experience.

Interested candidates should submit a detailed curriculum vitae and a cover letter of interest, giving full particulars of ©
qualifications and experience to:

Dr. Thomas A. Rothfus
Executive Director
Gerace Research Centre
“grcss@juno.com or tarothfu @ gmail.com

or

c/o Twin Air
498 SW 34th Street
Fort Lauderdale, FL 33315

_ ADMINISTRATIVE ASSISTANT I

GENERAL RESPONSIBILITIES:

To provide administrative and secretarial assistance which will support the day-to-day operation of the International Languages
and Cultures Institute

SPECIFIC DUTIES include but are not limited to the following:

To be knowledgeable about the overall operations and responsibilities of ILCI, including contracts with instructors
of ILCI language courses‘and with musicians and entertainers performing at ILCI events. \

* To assist the Director with the general running of the office and supervision of all support staff.
To assist the Director, as requested, with preparing and dispatching letters, memos and notices on behalf of ILCI.

To provide the Director with timely reminders regarding the various activities of ILCI as well as the Director’s meetings
and appointments. :

¢* To assist the Director with informing students about course offerings and registration of new students.

“To assist the Director with adequate follow-up of all pending ILCI matters ensuring
timely and efficient completion or resolution of all pending matters.

¢* To receive and screen calls on behalf of the Director and ILCI Instructors.

‘» To make appointments for ILCI students with ILCI instructors and the Director.

¢* To assist with organizing and arranging events, including the booking of venues, the purchase of food, drink and other
items and writing advertising, as well as to liaise, as required, with Communications, Planning, Security, Physical Plant

_ and any other COB department.

* To perform any other related duties as required.

SKILLS & RESPONSIBILITIES: As well, the candidate should be a pleasant and mature individual who is able to relate

well with all members of staff and faculty of the College of the Bahamas, as well as with the general public.

It is absolutely essential for the efficient and profitable running of ILCI that the Administrative Assistant provide reliable
continuity in responding to telephone and walk-in enquiries, registration of new students, opening classrooms to Instructors
and timely response to any request in the absence of the Director, whose duties include meetings with government agencies °
and departments, banks, teaching institutions and private industry to offer and create courses suited to their needs, as well
as attending seminars and conferences designed to enhance language institutes.

Punctuality and a commitment to giving advance notice for planned absences are of paramount importance. The efficient
operation of the ILCI office and classrooms requires organization, flexibility and a talent for multi-tasking. Computer literacy
and a good working knowledge of EXCELL are a must:

REPORTS TO: Director, Int’] Languages and Cultures Institute

QUALIFICATIONS: Bachelor’s Degree or the equivalent with no work experience, or Associate Degree in relevant area
with ten (10) years work experience.

Interested applicants should submit a cover letter along with a detailed resume and up-to-date transcript to the address below
by Wednesday, May 7, 2008 to: 2

The Director
Human Resources Department
OR
hrapply@cob.edu.bs

GORILLA RRNA RO RA AOR NO AO zO NOAA ROR MORON A OROAU A ROR Raa mR AARNE EIG
2.

+ WORLD ASSOCIATION OF CHEFS’ SOCIETIES §



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; The College of the Bahamas i
$ Come and experiance world class seminars and demonstrations,
= a
: Facilitated by: :

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: Chef Peter Shannon

* a
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% Culinary Federation (ACF). -
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* Alaska, Hawaii, Europe, lraq, Colorado and Chicago. :
* Has worked as a Baker, Pastry and Executive Chef. “

COs
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es at his alma mater First Coast Technical Institute and
US Navy carrier Chefs @ Sea program.

Session Information:

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% 28th April - 1st May, 2008 BS
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% TUESDAY 9:30 A.M, ~ 12:30 P.m. 6:00 Pm. - 9:00 P.M. : %
x Apri 29TH 2008 | THE PROFESSIONAL CHEF & CERTIFICATION THE PROFESSIONAL CHEF & CERTIFICATION o
% ¥ WEDNESDAY 9:30 A.M. = 12:30 P.M. 6:00 p.m. ~ 9:00 P.M. ‘
* Apri. 30TH, 2008 | MEDITERRANEAN CUISINE CURRENT CULINARY TRENDS x
tad vad
* THURSDAY 9:30 AM, - 12:30 PM. 6:00 p.m. - 9:00 P.M *
e May 1st, 2008 | PREPARING FOR FOOD COMPETITIONS & SHOWS | PREPARING FOR Foon Competitions & SHows %
© .

STUDENTS: BAHAMAS CULINARY ASSOCIATION(BCA) MEMBERS: GENERAL PUBLIC: x
% $20.00 $30.00 $40.00
* (
* ’ x
% Contact Mrs. Florina Turner at telephone 323-5804 or %
* email fturner@cob.edu.bs, for information on registration o

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(\) THE COLLEGE O

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

PERSONAL DEVELOPMENT - SUMMER SEMESTER 022008
DESCRIPTION
|
ACCOUNTING
poeta t 8:00pm
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15-May | 8 wks




BUSI900 01 CREDIT AND COLLECTIONS |

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29-Ma

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

INTERNATIONAL






LANGUAGES THE INTERNATIONAL
AND CULTURES LANGUAGES AND
INSTITUTE CULTURES INSTITUTE
~ At
THE COLLEGE OF THE
BAHAMAS

COMMUNECATION: A KEY TO GLOBAL UNDERSTANDING



COURSE OFFERING: SPRING 2008 — Beginning May 5"

CONVERSATIONAL SPANISH I and II

' CONVERSATIONAL HAITIAN CREOLE I and II
CONVERSATIONAL FRENCH I and II
CONVERSATIONAL GERMAN I
CONVERSATIONAL MANDARIN I, Il and Hl
SURVIVAL MANDARIN FOR BUSINESS
SURVIVAL MANDARIN FOR THE OLYMPICS
ENGLISH AS A SECOND LANGUAGE I

LOCATION: Munnings Building (next to KFC at COB Roundabout): Room 16

DURATION: 3 hours per week ( 2 sessions of 1 and Y, hours) for 10 weeks
Total course hours: 30 hours

PRICE: $ 250.00 per course

TELEPHONE: 302-4584 or 302-4587
E-MAIL: ilci@cob.edu.bs

PLEASE CALL US FOR ALL COURSE TIMES AND FORMS

F THE BAHAMAS

Visit our website at www.cob.edu.bs -BTVUICATING & TRAINING RAHAMIANS

THE TRIBUNE

MONDAY, APRIL 28, 2008, PAGE 11B



ae a
Bay Street plaza’s $12-13m rebirth to take year

FROM page 1B

they expected to obtain all the
permits needed for the demo-
lition imminently.

He told The Tribune: “We
should be starting the demoli-
tion soon. We’re just waiting
on the permit, which I under-
stand should be coming any
day now. It should move very
quickly and there’s no stop-
ping now.

“Hopefully, a year from
now, we’ll see a major devel-
opment in downtown that will
act as a major catalyst for
development in a depressed
areas. It will take 12 months
from the day we start to rede-

Mr Klonaris telling The Tri-
bune that he and his brothers
believe the area is “ripe for a
combination of retail and mari-
na”, given the natural harbour
and protection it enjoys.

The NTDB chairman added .

that he hoped the project
would bring a renewed “focus
on the derelict buildings east of
East Street, attracting investors
and companies back to the
area.

The Klonaris brothers’ pro-
ject. will tie in nicely with the
Government and private sec-
tor’s plans to revitalise and
transform downtown Nassau
and Bay Street, the NTIDB
chairman saying that the inten-
tion was to “extend the water-

at as the site for a dock where
ferry services could transport
people to and from Paradise
Island, and also for water taxis.

Mr Klonaris said a key short-
term issue to be addressed was
the lack of parking in down-
town Nassau, along with the
area’s transportation needs.

“It is so important to find a
solution to this vexing prob-
lem quickly,” Mr Klonaris said
on parking. “That’s the thing
causing locals not to come
downtown.”

Another issue at the fore-
front is how to deal with the
number of abandoned, neglect-
ed and derelict properties in
downtown Nassau.

Mr Klonaris said the solu-





velop. That’s what they tell front” from Navy Lion Road
us.” going east and make it solely
Mr Klonaris said that togeth- for pedestrian use. ;
er with the combined 14 retail Woodes Rogers Wharf was
outlets and restaurants that the being eyed for transformation
redeveloped property, Eliza- into a hub for restaurants, cafes
beth on Bay, will incorporate, and bars, “activities that will
the whole project willinvolvea keep the city going late into _ erties.
$12-$13 million investment and _ the night”.
create 80 full-time jobs when The area to the east of the
completed. - Betty K dock, where the gov-
A mini-marina is also ernment publications building

planned for the development, currently sits, was being looked —_ added.

GE Mechanical Room
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Sales & Full Service Department ©
Rosetta & Montgomery Streets
322-2188/9

JONES & CO

PUBLIC NOTICE

To: All Franchise Holder(s)

PUBLIC SERVICE VEHICLE
LICENCING & INSPECTION

In accordance with the Road Traffic Act Statue Laws of
the Bahamas, the licencing and inspection of all Public
Service Vehicles will be carried out in New Providence
and the Family Islands beginning Thursday, May ‘st thru
Friday, May 30th, 2008.

Owners and Operators of these vehicles must ensure that

the total number of vehicles covered by their franchise are .

presented for licencing and inspection. When an owner
or operator presents fewer vehicles for licencing and
inspection than is covered by his/her franchise, the Road
Traffic Authority Board in the absence of proof will assume
that he/she no longer needs the franchise. The authority
therefore, requires him/her to show cause why his/her
franchise may not be reduced on the strength of Section
89(1)b of the Road Traffic Act 220.

Further all franchise holders must produce documentary
proof to show that their franchise is operational at the time
of licencing and inspection.

Signed:
Controller

tion to this was likely to take
the form of legislative amend-
ments and changes, plus the
private sector working closely
with the Antiquities; Monu-
ments and Museums Corpora-
tion on identifying these prop-

“This is especially important,
particularly in downtown,
where you see so many prop-
erties being neglected,” he

©2008 CreativeRelations.net




PAGE 12B, MONDAY, APRIL 28, 2008

Occupancy 15% ‘below expectations’



FROM page 1B

The Tribune that Hutchison
was in talks with Marriott to
replace Starwood as Our
Lucaya’s management/operat-
ing partner, Mr Markoulis
explained that the difference
between a management and

the current franchise arrange-
ment is that under the latter,
Hutchison now controls and
manages the resort’s employ-
ees. It still keeps the Westin
and Sheraton brands, and the
management arrangement.
“We think they didn’t do
such a good job,” Mr Mark-

aS

TCM OMe UC Ute L
professional person. Must be computer
literate and have good customer relations.

Please fax resume to: 394-3885



oulis said, when it came to
managing Our Lucaya’s
employees.

While the 478-room Shera-
ton and 740-room Westin con-
tinue to be down on occupancy
levels, Mr Markoulis added
that hotel occupancies and
room rates were down across
the Bahamian hotel industry
as a result of the US economic
downturn, sparked by that
country’s housing market and
credit/liquidity crunch.

“We finished March averag-
ing about 55 per cent, 15 per



cent below what we expected,”
Mr Markoulis told The Tri-
bune of Our Lucaya’s occu-
pancy levels.

Problem

“Occupancies are a problem
for all hotels in the Bahamas
right now. Our drop is no
worse than Atlantis’s on a per-
centage basis, but is not what
we’d like. Arrivals are down,
room rates are down all over
the place.”

The loss of the 1,000-room

GN-671

GOVERNMENT
NOTICE

MINISTRY OF HEALTH & SOCIAL DEVELOPMENT
DEPARTMENT OF PUBLIC HEALTH

TENDER FOR THE EXTENSION OF THE
FLAMINGO GARDENS CLINIC

Royal Oasis from Grand
Bahama’s total hotel room
inventory for the past three-

‘and-a-half years, representing a

potential 365,000 room nights
per year, had negatively
impacted airlift into the island,
Mr Markoulis said.

The Hutchison (Lucaya)
president explained that while
there were enough seats on air-
lines servicing Grand Bahama,
the island’s airlift scope was
not broad and diverse enough
in terms of the cities it reached,

Mr Markoulis said the Sher-
aton’s rating as the number
one hotel by Parents magazine
was a “big boost” for the prop-
erty, and the hotel was “hoping
to translate that into rooms”
filled by families.

- On Hutchison Whampoa’s
plans for Our Lucaya, he
added: “We want to put this
back on a healthy footing as
soon as the market allows us.

_We’re just doing the best we .

can to maintain it.”
. Meanwhile, Mr Markoulis
said Hutchison’s planned 120-

"unit, luxury Silver Point resi-
dential community was going

out to re-bid with contractors

THE TRIBUNE



ket.

Indicating that Hutchison
did not want construction to
outstrip the likely market
demand, Mr Markoulis said he
did not think that Silver Point
would be completed “any
sooner” than three years from
the start date.

“A lot depends on the shape
of our primary market,” Mr
Markoulis said, in reference to
fears the US could fall into
recession.

“We'll probably do all the
infrastructure up front, so
we’re in a position to move
pretty quickly, but vertical con-
struction depends on how the
market is.”

Hutchison has split the con-
struction work into separate

packages, with the tenders for

the marine and underground
work going out last week. The
vertical construction tender
will be released this week.

“We expect the bids will
take about two months to
come back,” Mr Markoulis
said, adding that the total con-
struction cost was likely to be
about $75-$80 million.

The 120 units will be sold at

The Department of Public Health, Ministry of Health
& Social Development invites suitably qualified com-
panies to submit bids to provide construction services
for the extension of the following Community Clinic in
New Providence.

prices ranging from $900,000
to $3 million, and all will have
their own individual dock slips.

“as we speak”, the pace of con-
struction depending on
demand from the key US mar-

COMMONWEALTH OF THE BAHAMAS 2007

IN- THE SUPREME COURT CLE/ qui/00199

Common Law and Equity Division

Flamingo Gardens Clinic.
IN THE MATTER of the Quieting Titles Act, 1959
Tender documents outlining scope of services may
be obtained from the office of the Undersecretary -
General Administration, Ministry of Health & Social

/ AND- deswell Street, between Christie &
| , Tel: (242) 356-0907 ° Fax
IN THE MATTER OF ALL THAT piece parcel Open: Sun

or lot of land containing 4,659 square feet situate
on western side of Tufa Close in the vicinity
of Englerston Subdivision in the Southern
District of the Island of New Providence in the
Commonwealth of the Bahamas being bounded
on the north. by land reputed to be the property
of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths. (98.41)
Feet on the East by Tufa Close and running thereon
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of
Naomi Rolle and running thereon Ninety-one and

..Korty-five hundredths.(91.45). Feet and on-the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.

AND

IN THE MATTER of the Petition of Charles C. Rolle

NOTICE

THE PETITION. OF CHARLES C. ROLLE in respect of:-
“IN THE MATTER OF ALL THAT piece parcel
or lot of land containing 4,659 square feet situate
on western: side of Tufa Close in’ the ‘vicinity
of Englerston Subdivision in the Southern
District’ of the Island of New Providence. in. the
Commonwealth of the Bahamas being bounded .
on the north by land reputed to be the property
of Solomon and Debra Rolle and running thereon
Ninety-eight and Forty-one hundredths (98.41)
Feet on the East by Tufa Close and running thereon
Forty-eight and Three hundredths (48.03) Feet on
the South by land reputed to be the property of

~Naomi Rolle and running thereon Ninety-one and
Forty-five hundredths (91.45) Feet and on the West
by land reputed to be the property of one Bullard
and running thereon Forty-seven and Sixty-five
hundredths (47.65) Feet.”

Charles C. Rolle claim to be the owner of the
unincumbered fee simple estate in possession of the said
Jand_and has made application to the Supreme Court of
the Commonwealth of The Bahamas under Section Three
(3) of the Quieting Titles Act, 1959 to have his title to the
said land investigated and the nature and extent thereof
determined and declared in a Certificate of Title to be
granted by the Court in accordance with the provisions
of the said Act.

Copies of the Petition and the Plan of the said land may
Pe inspected during normal office hours in the following
"places:

Street North in the City of Nassau,
Bahamas; and

2. The Chambers of Lockhart & Munroe, #35
Buen Retiro Road, off Shirley Street,
Nassau, Bahamas.

1. The Registry of the Ceres Court, East

| NOTICE is hereby given that any person having dower
| or right to dower or an Adverse Claim or a claim
not recognized in the Petition shall on or before the
expiration of Thirty (30) days after the final publication
of these presents, file in the Supreme Court and serve on
the Petitioner or the undersigned a Statement of his claim
in the preccapes form verified by an affidavit tc be filed
therewith.

Failure of any such person to file and serve a Statement of
his Claim on or before the expiration of Thirty (30) days
after the final publication of these presents will operate as
bar to such claim.

Development, between the hours of 9:00 a.m. to 5:00

p.m. Monday to Friday.

Tenders must be submitted in sealed envelopes
marked “Tenders for Construction Services” and
delivered on or before May 9th, 2008 to:-

Permanent Secretary
Ministry of Health & Social Development
Meeting St.
P.O. Box N-3730
Nassau, The Bahamas ..

The Department of Public Health, Ministry of Health
& Social Development reserves the right to reject

any or all tenders.

Overall Responsibilities

4



CF

~/ EOACOD

day Friday, 7:30am

kanya Gag) -uaanngnmnnn

OWinrines

Bav

AN ACR WASEDA MAN

GQ MTR Koa. toy Maleten Coe

a, Vacancy fora
Sales and Marketing Project Director

Onsite coordination of sales, sales administration and marketing

Achievement of targeted sales volume and maintaining inventory
Develop future (MVCl) managers and implement self development programs
implementation of tour efficiency and building of strong team values
Forecasting and budgeting of annual sales targets

Ensuring communication between personnel and others

' Providing weekly report and updates to Ritz-Carlton/MCVI Corporate offices

Essential Job Functions “

Monitor and evaluate sales and marketing processes

Monitor and evaluate specific sa

guidelines

Monitor and evaluate structured sales and marketing presentation training
Review all sales and marketing assumptions in the feasibility process, ensuring strategic and
operational reasonableness, comparability among PEPS, budgets, forecasts and LRP

Qualifications

College degree

Minimum of ten years in marketing vacation ownership
Minimum of five years in management of sales, marketing and/or administration
Excellent communication, listening and organizational skills
Ability to communicate effectively at senior management level
Strong leadership skills

Ritz Carlton Ciub experience preferred

Please send resume to the attention of: Director of Human Resources

LOCKHART & MUNROE The Abaco Club on Winding Bay
Chambers P.O. Box AB-20571

#35 Buen Retiro Road Marsh Harbour, Abaco

Off Shirley Street Bahamas

Nassau, Bahamas

Attorneys for the Petitioner

OR

Email: humanresources@theabacoclub.com

les and marketing field operations best practices, policies and


THE TRIBUNE | MONDAY, APRIL 28, 2008, PAGE 13B

Fr eC RA ed Ret lb dct ile ca ci eeeineeN cAia NTIEEENTIORTITANTENTTNTN TART VTE














oe 20,

og 209.
30th
Anniversary

oe
~ 30th Pietet Bank & Trust Limit ed
Anniversat)

1m,

=H PICTET

Pictet Bank & Trust Limited is pleased to offer a four (4) year
_ Scholarship (tuition and books) for one (1) Bahamian Student to
attend The College of the Bahamas

= PICTET



| Criteria for Applicants:

Cheque Presentation fo
The College of The Bahamas

Graduate from High School in June 2008 with a Grade Point
Average of at least 3.0

Obtain a letter of recommendation from the School Principal
or a member of an Academic Faculty

Acceptance into the Banking / Finance Bachelor’s Degree
Program at The College of the Bahamas:

Maintain a minimum Grade Point Average of 3.0

Provide a Resume that demonstrates good interpersonal skills,
effective leadership and social involvement in community
activities : |

Write an essay (500 words maximum) describing the positive
effects of the International Banking Industry to the Bahamian
Economy

Be willing to work at Pictet Bank & Trust Limited during the
summer holidays

Cheque presentation of BSD 30,000 to the College
of The Bahamas Endowment Fund by Mr. Yves

| Lourdin, President/Managing Director and the
Bank's Executive Committee.

Send Applications to:-

Human Resources Manager
Pictet Bank & Trust Limited
Building 1, Bayside Executive Park
West Bay Street & Blake Road
» P.O. Box N-4837

Nassau, Bahamas



Deadline for receipt of applications is 23rd May, 2008

Photo: (left to right) Mark Richford, Larry Glinton, Pierre Colle, Shawn
Forbes, Jan Mezulanik, Yves Lourdin, Felicity Humblestone - Dir. of
| ee C.O.B., Marilyn ae and Eric Messmer.

The final decision to award this Scholarship rests entirely with Pictet Bank & Trust Limited.



EOE ROPES PENT



“Informative. I can be sure vo read something of value iv The Tribune: Ie is flied with
information about local mews, sports, entertaimment and world news ~ subjects that are :
important to me, The Tribune is my newspaper.” |

The Tribune



CONSTRUCTION FOREMAN

Purchase The Tribune from your
local store or street vendor.


PAGE 14B, MONDAY, APRIL 28. 2008 THE TRIBUNE

SR PICTET

19 7; 8 - 2008
Celebrating. 30 years in The Bahamas













We would like to say THANK YOU to
ALL of our valuable employees





Pictet Bank & Trust Limited
Bayside Executive Park
Building No. 1
West Bay Street and Blake Road
P.O. Box N-4837
Nassau, Bahamas
Tel. (+1 242) 302-2222
Fax (+1 242) 327-6610
www.pictet.com |

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