Citation

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Language:
English
Physical Description:
v. : ill. ; 58 cm.

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

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

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University of Florida
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University of Florida
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Full Text
THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 3B





SU et



Wanting to compare notes and
priorities with one of the most
important areas of Government,
the Bahamas Hotel Association’s
(BHA) president, Stuart Bowe,
recently met with Education Min-
ister Desmond Bannister.

The meeting resulted in a
commitment to work closer on
key areas of mutual interest, and
a pledge to be part of a collabo-
rative effort along with the Min-
istry of Tourism, and between
Government and industry, to bet-
ter address tourism’s workforce
development needs.

The BHA has long been
involved in working with the
schools, and is presently step-
ping up its education and training
efforts in anticipation of upcom-
ing demands for qualified can-
didates as the economy
rebounds and Baha Mar and oth-
er investments come on stream.



Historic bull market reaching second birthday

DAVE CARPENTER,
AP Personal Finance Writer
CHICAGO

As a historic bull market reaches its sec-
ond birthday, everyday investors are pil-
ing back into stocks, finally ready for more
risk and hoping the rally has further to go.

The Standard & Poor's 500 index has
almost doubled since March 9, 2009, when
it hit a 12-year low after the financial crisis.
And the Dow Jones industrials are back
above 12,000, about 2,000 points shy of
their all-time high.

Little-guy investors appear to be on
board. Since the beginning of the year,
investors have put $24.2 billion into U.S.
stock mutual funds, according to the Invest-
ment Company Institute. They withdrew
$96.7 billion in 2010.

"It didn't feel right to be back in until
now,” says Richard Dukas, who heads a
public relations firm in New York City. "I
still don't want to put all my money in the
market, but I believe we've come through
the worst of it.”

After the 2008 financial meltdown,
Dukas and his wife converted their 401(k)

retirement accounts into cash. They had
been burned during the bubble in technol-
ogy stocks a decade ago, and Dukas says he
has been "extremely skittish" ever since.

Now Dukas, 48, says 85 percent of his
portfolio is back in mutual funds, although
he maintains a small cushion of cash.

More job security, strengthening retire-
ment account balances and improvement in
the overall U.S. economy are some of the
factors that have brought everyday
investors back to the market. A snapshot of
what's happened:

— The outlook of investors as measured
by stock newsletters and market surveys
has been extremely bullish for two or three
months, says Mark Arbeter, chief technical
strategist for S&P Equity Research.

— Many workers have enjoyed seeing
their 401(k) balances return to where they
stood at the market's peak because they
kept contributing during the down years.
Many who have maintained their 401(k)
accounts for a decade or longer still have
some ground to make up because of their
larger starting balances.

— Americans who still have jobs are as
secure as they've been in 14 years. That's

_-

BAHAMAS FIRST

PEST IW IMSURAAICE. TODAY, TOMDA Roa,

because the number of planned layoffs has
fallen to a low, according to outplacement

firm Challenger, Gray & Christmas.

The combination has boosted confidence
and brought investors back to a rising mar- }
ket. The Dow was trading Tuesday at }
around 12,200, up 86 percent from the 2009 ;

low. It's still 14 percent below its all-time
high in October 2007.

year CD earns no more than 1.5 percent.

As a result, many investors returning to i ) é : , :
i having come to the island since, the Chamber president esti-

the market are tiptoeing back in.

They're buying what Trennert calls :
"stocks that look like bonds" — dividend-
paying blue chips that they hope will hedge }
i couple of months. What are we going to do with those kids,” Mr
i Turnquest asked.

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FROM page 1B

the Port Authority and the community. That’s the next phase
i that we hope will be done in a month,” Mr Turnquest told
i Tribune Business.

Asked about the key issues raised, the Chamber president

i said: “The primary issue people had was on the utility costs. I
i guess that ranked number one. Immigration has been a big
i issue, and the duty concessions and rights under the Hawksbill
i Creek Agreement was another issue. The overall lack of pro-
i motion of the island has been another concern.”

Mr Turnquest said the Chamber had already met with the

? Government and the Grand Bahama Port Authority (GBPA)
i over the Ingraham administration’s plan to create a Grand
i Bahama Development Board, which would oversee the island’s
? promotion and growth, agreeing to “work together” after being
i reassured that the initiative would not sideline its economic
i development plan.

“We did express the concern that we did not want to get side-

i tracked from the initiative we’ve undertaken,” Mr Turnquest
i explained. “A lot of thought and work has gone into that. We
i will be working side by side with the initiative outlined by the
i Minister, and they will work very well in terms of the overall
i vision for the island.”

With those concerns satisfied, Mr Turnquest said of the

Reade aay Board plan: “Obviously, it’s of the utmost impor-

tance that we all work together to try and resurrect or fix the sit-
uation [on Grand Bahama].

“The idea of working together in a collaborative fashion to
? promote Grand Bahama and address the issues affecting busi-
ness and foreign direct investment is obviously very impor-
tant and a good approach.

“Our immediate need is in respect of tourism promotion.
There are a number of initiatives being talked about, and
hopefully Grand Bahama will be on the radar and promotion
of this destination will take place so we can benefit.”

Referring to last week’s lay-off of some 200 hotel workers at

i Our Lucaya, Mr Turnquest said: “It just seems like we can’t

i catch a break. We are having a very difficult time at the

While the economy is improving, it will | moment.

take a lot longer to erase the abject fear
that average investors have felt about own- : some tremendous opportunities here, but there are some things
ing stocks the last two years, says Jason } we have to deal with and make adjustments on - the cost of elec-
Petpet a ae tricity is a major concern. There are still very good opportuni-
On . etcamiase aie irate for Grand Bahama, and we have to go out and promote it
foaet The fe find & BOHEE pines torstich- | and reconnect with the kind of investment that will help us with
: They can't find a better place to stash } 5
their money. The bull market in bonds has } sustainable development.

ended, money-market accounts are return- }

ing 1 percent or less, and the average two- } >»
i for us

“There are some far-off bright spots we see. There are still

Although there were no official, updated unemployment
figures, Mr Turnquest described the loss of 200 jobs as “very big
. But, given the 17 per cent rate for Grand Bahama
recorded two years ago, and with no major job opportunities

mated that the present rate was “upwards of 20 per cent for
sure”.
“We have 1,000 students coming out of school in the next



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PAGE 4B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



‘Good chance’ $62.5m
IPO fully subscribed |

FROM page 1B

said the upcoming IPO - scheduled to
launch on March 21 - would test just how
far this nation’s capital markets had come,
including their ability to absorb and finance
such sizeable equity offerings.

Describing the $62.5 million that the
Commonwealth Brewery/Burns House IPO
is seeking to raise as “more than two times’
the highest amount raised in an equity
offering, IPO” in the Bahamas previously,
Mr Anderson acknowledged it was “diffi-
cult to know” just how much investor inter-
est there was, and “now much capital there
is to meet the requirements of the offering”.

However, RoyalFidelity, accompanied
by Commonwealth Brewery and Heineken
executives, is now into its second week of
presentations to key Bahamian institutional
investors, such as pension funds and insur-
ance companies, and Mr Anderson told
Tribune Business: “We expect to see a fair
amount of interest in this offering, and our
initial indications are that there is strong
interest.

“From what we’ve seen, there is a fairly
good chance of this being fully subscribed,
which signifies that there has been devel-
opment in the capital markets and more
capital is available to be placed into an
IPO.”

The RoyalFidelity president said he had
initially anticipated that investor take-up for
the upcoming IPO would be split 80/20 in
favour of institutional investors, but sev-
eral wealthy individuals had already
expressed interest in taking up multi-million
allocations of around $2-$3 million.

“On this kind of offering, I'd be looking
at $40-$50 million coming from institutions,
and the last $15-$20 million coming from
individuals,” Mr Anderson said. “It’s very
difficult at this stage to figure out whether
we will see the level of interest we expect to
see. Initial indications are good, but at the
end of the day, people have to be comfort-
able it’s a good investment.”

He agreed with Kenwood Kerr, Provi-
dence Advisors’ chief executive, who earlier
this week told Tribune Business that suc-
cessful IPOs and equity offerings required
a “good underlying story”, telling Tribune
Business the key factor was whether they

offered enough value to make them attrac-
tive to investors.

While there was “a fair amount of lig-
uidity” in the Bahamian market, Mr Ander-
son conceded this did not mean people
would automatically invest in the upcoming
IPO. The risk/reward fundamentals had to
be attractive, he added, but one positive
was that the dividend yields - and total
potential return - on offer were much high-
er than current bank deposit rates.

Acknowledging that recent trends had
been for the Bahamian capital markets to
“shy away from equities on the basis of a
lack of yield”, instead preferring fixed
income securities, Mr Anderson said the
attraction of Commonwealth
Brewery/Burns House - which operate as
one company - for investors was that they
provided a relatively high dividend return.

“This particular security offering has a
relatively high dividend yield for equities,
and I believe that will be attractive to
investors as well,” he told Tribune Busi-
ness. “They will get the benefits of capital
appreciation as well as an attractive divi-
dend yield.”

Mr Anderson said most Bahamian equi-
ties that had performed well offered attrac-
tive dividend yields to their shareholders,
but in more recent times the market’s gen-
eral focus had been on capital (share price
) appreciation and earnings.

“This will be the first time we’ve brought
a really good dividend yield to market for
some time,” he told this newspaper. “It
will have the third highest market capitali-
sation of any security. This one, at $250
million, will be the third biggest market
cap on BISX.

“It’s one of those stocks that ought to
be attractive to institutional and retail
investors as one of the blue chips on the
market.”

The largest BISX-listed stock by mar-
ket capitalisation is FirstCaribbean Inter-
national Bank (Bahamas) at $1.17 billion,
followed by Commonwealth Bank at $670
million. FirstCaribbean, when it was CIBC,
also holds the distinction of being the
largest IPO to date at around $30 million.

With the $62.5 million Commonwealth
Brewery/Burns House IPO set to be fol-
lowed later this year by the flotation of the
first 9 per cent tranche of Bahamas

Telecommunications Company (BTC) }
shares retained by the Government, likely }
worth around $37 million, and the possible }
$8 million Arawak Cay port IPO, around }
$100 million worth of equities will be }
offered to the Bahamian capital markets }

i tenance, in terms of the recommended maintenance sug-

“2011 will be a good year to test the } gested by the manufacturer, on every piece of equipment,”

capacity of the capital markets, because : : :
ee mile baneags number of new offer- ; Michael Moss told Tribune Business.
ings to market that I don’t think we’ve } :
done in the last 10 years or so,” Mr Ander- | Whether BEC has been able to make any headway in
i addressing its forced outage rate, which a report by inter-
“It will be very interesting to see. I’m } national consultants, Fichtner, revealed to be “two to three
kind of excited about the prospect of it, }

i and 2009.
be more than pleasantly surprised by the }

this year.

son said.

it’s such a large amount, and hopefully Pll

results.”

efit the companies being offered as invest-
ment opportunities.

“Tf this pans out as we expect it to do }
over the next three-five years, it will be a }
major growth period for the Bahamas,” he }
explained. “There’s a massive amount of }
money going to be spent in the economy }
? ment, resulting in power outages in recent years.
spur growth in the economy, and put peo- }

ple in a better position to invest and bene- | in 2010, BEC is expected to generate a net profit in the

over the next two-three years, and that will

fit from these investments.

Its the start of it, We have tolook at the F This enhanced financial position will give the Corporation
next three-five years as a major growth } E : :
: the leeway to begin to address some of its equipment defi-

The Government mandated that a 25 ; Clencies in a more effective manner, suggested Mr Moss.

per cent stake in Commonwealth Brew- }
ery/Burns House be offered to Bahamian }
investors as an IPO as a condition for }

period for the Bahamas.”

approving the $125 million buy-out of the
50 per cent stake held by Associated
Bahamian Distillers

his family.

The IPO will be offered at the same } ; . : ; ;
terms, and price, as ABDAB received, the } might be overdue, if you take it out in summer you will
Government having approved the timing ;
given that it agreed to effectively under- }

write the offering by acquiring any shares }

not subscribed for by the Bahamian public.

Goods-In-Transit and Cyber
Shop/Burglary Insurance

2011 - 2012

The Bahamas Telecommunications Company Lid. (BTC) is pleased
to invite Tenders to provide the Company with insurance coverage
for its Goods - In - Transit and Cyber $hop/Burglary policies.

Interested companies/firms may collect a Tender Specification from
the Security's Desk located in the Administrative building on John F.
Kennedy Drive, between the hour of 9:00 a.m. and 5:00 p.m.
Monday through Friday.

The deadline for submission of tenders is March 9th, 2011. Tenders
should be sealed and marked “TENDER - GOODS$-IN-TRANSIT AND
CYBER SHOP BURGLARY INSURANCE" and should be delivered to
the attention of the Acting President and CEO, Mr. |. Kirk Griffin.

BTC reserves the right to reject any, or all Tenders.

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Two years to deal
TU RELA

UCT ETs

FROM page 1B



Mr Moss was responding to this newspaper’s query about

times” the international industry average between 2007

The Forced Outage Rate refers to the probability that a

iis aries alt egies: power unit will not be available for service when required.
ed to look to the future, and realise that : ae : :
with the $2.6 billion Baha Mar project start- | deficiency in an Inter-American Development Bank (IDB)-

ing, and the Government in the throes of | SUpported report released in early 2010, noting that the

major infrastructure upgrades, the Bahami- } Clifton Pier Power Station showed a “high forced outage
an economy was preparing to enter a new } rate of between 10 per cent and 16 per cent in the past
growth phase - something that would ben- }

i S per cent”.

The German-based consultants drew attention to this

three years, while a typical benchmark would be a maximum

Equipment

Mr Moss emphasised the role played by BEC’s “limping”
financial position in its failure to adequately maintain equip-

After turning a “small profit” for the first time in five years

"$8 million to $10 million" range in its 2011 financial year.

“In terms of the outage rate at the plant, it is atrocious, but
the Corporation has not had the financial means to maintain
equipment in as timely a fashion as one would’ve wanted to,

and when you fail to maintain you get breakdowns,” he

? told Tribune Business.
and Brewers }
(ABDAB), the vehicle 70 per cent con- ; ; sae eae ; 7
tolled by Sit Caret “Taner Finlayeou-and « ing the outages. What you have to do is judiciously begin tak
; ing out equipment (for maintenance). When you're doing

“We have started to sign contracts to commence address-

overhauls you can’t be reckless about it, because even if it

only make it worse for consumers.
“You have to do work on some and keep your fingers
crossed and hope that that which has not been addressed will

last through the summer.”

Mr Moss said that around two years from now would be

! “a more appropriate time to begin benchmarking [BEC]
i against international standards” on outages.

“T think it’s most unfortunate to do that when everyone

knows what the situation with BEC has been financially,” he
: said.

BEC fuel charge rise in a month

FROM page 1B

i imise the impact to customers. That certainly is our objec-
: tive, since Bunker C is cheaper, so we want to use as
: much of that as we can.

“The end fuel charge to the consumer is a combination of

the fuel we have to buy and the equipment we use to gen-
: erate power,” he added.

BEC last year ditched the fuel “surcharge” in favour of a

fuel charge, in an effort to “let the public know the full
i impact that fuel has on our business”.

This means that customers are charged a “basic tariff”,

i which is based on the cost of defraying “the cost of doing
: business”, including salaries, maintenance and “a little prof-
? it”, noted Mr Moss, and a separate fuel charge that varies
i depending on the price of fuel in the international market.
: This is as opposed to the inclusion of a fluctuating fuel sur-
i charge within the basic tariff.

NOTICE

NOTICE is hereby given that HOLLY ALEXANDRA
WALLACE of WEST BAY STREET, P.O. BOX CB-
11170, BAHAMAS is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 2"! DAY of MARCH, 2011 to the Minister responsible
for nationality and Citizenship, P.O. Box N-7147, Nassau,

Legal Notice

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)
BLUNDELL MANAGEMENT INC.

In Voluntary liquidation

Notice is hereby given that in accordance with Section
137(4) of the International Business Companies Act (No.
45 of 2000) BLUNDELL MANAGEMENT INC. has been
dissolved and struck off the Register according to the
Certificate of Dissolution issued by the Register General
on the 17th of February, 2011.

Epsilon Management Ltd.

Suite 13, First Floor, Oliaji Trade Centre
Francis Rachel Street, Victoria, Mahe
Republic of Seychelles
Liquidator





THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 5B



Bank stocks push indexes higher; ol prices din

UNDERWATER
MORTGAGES RISE AS |
HOME PRICES FALL

DEREK KRAVITZ,
AP Real Estate Writer
WASHINGTON

The number of Americans
who owe more on their mort-
gages than their homes are
worth rose at the end of last
year, preventing many people
from selling their homes in an
already weak housing market.

About 11.1 million house-
holds, or 23.1 percent of all
mortgaged homes, were
underwater in the October-
December quarter, according
to report released Tuesday by
housing data firm CoreLogic.
That's up from 22.5 percent,
or 10.8 million households, in
the July-September quarter.

The number of underwater
mortgages had fallen in the
previous three quarters. But
that was mostly because more
homes had fallen into foreclo-
sure. Underwater mortgages
typically rise when home
prices fall. Home prices in
December hit their lowest

point since the housing bust in :

11 of 20 major U.S. metro
areas. In a healthy housing
market, about 5 percent of
homeowners are underwater.
Roughly two-thirds of

homeowners in Nevada with a }

mortgage had negative home
equity, the worst in the coun-
try. Arizona, Florida, Michi-
gan and California were next,
with up to 50 percent of
homeowners with mortgages
in those states underwater.

Oklahoma had the smallest
percentage of underwater
homeowners in the October-
December quarter, at 5.8 per-
cent. Only nine states record-
ed percentages less than 10
percent.

AIG REPAYS $6.9BN T0
BAILOUT PROGRAMME

MARTIN CRUTSINGER,
AP Economics Writer
WASHINGTON

American International

Group Inc. has paid the feder-

al government nearly $7 bil-
lion this week after selling off
assets, trimming its financial
bailout balance to just under
$60 billion.

The Treasury Department
says $6.6 billion comes from
AIG's sale last week of
MetLife Inc. holdings. Anoth-
er $300 million is from AIG's
sale of American Life Insur-
ance Co.

AIG has now paid back
$9.1 billion of the $68 billion
in bailout funds it received
from the government at the
height of the 2008 financial
crisis. Treasury owns 92 per-
cent of AIG through its hold-
ings of the company's com-
mon stock, which it is expect-
ed to begin selling in May.
Treasury officials said they
expect to recoup the full
amount of the bailout.

Richard Drew/AP Photo



TRADING PIACE: In this Feb. 4, 2011 photo, traders
gather at a post on the floor of the NYSE.

CHIP CUTTER,

AP Business Writers
DAVID K. RANDALL,
AP Business Writers
NEW YORK

Financial companies pushed
stock indexes higher Tuesday on
signs that banks may soon raise
their dividends.

Bank of America Corp. gained
4.7 percent, the most of the 30
stocks that make up the Dow
Jones industrial average, after chief
executive Brian Moynihan told an
investor's meeting that the bank
could earn more money over the
next two years as its business sta-

GLOBAL ECONOMIC NEWS associated press

A look at economic developments and activity in major stock markets around the world Tuesday:

DUBAI, United Arab Emirates — Saudi Arabia's oil minister denied that the surge in oil prices reflects a

bilizes. That led analysts to note
that large consumer banks may
raise their dividends. Banks
slashed dividends during the 2008
financial crisis to cut costs.
Financial stocks in the S&P 500
index rose 2.2 percent, the most
of any of the index's 10 company
groups. American Express Co.
gained 3.5 percent, and JPMorgan
Chase & Co. gained 2.6 percent.
Falling oil prices also helped
stocks move higher. Oil prices
dipped 0.5 percent to $105 a barrel
after Kuwait's oil minister said that
OPEC members are in informal
talks about raising oil output as
the conflict in Libya continues.

Location: Lsford Cay

shortage of crude on the market but said that the kingdom is committed to tapping excess supplies if need-
ed.

The 12-nation Organization of the Petroleum Exporting Countries has so far held its official output quo-
tas unchanged, even as massive protests across the oil-rich Middle East have pushed global oil prices to their
highest levels since late 2008. An uprising in OPEC member Libya has stoked supply concerns, increasing
pressure on the producer bloc to pump more to ease prices. The oil minister of Saudi Arabia said the oil mar-
ket remains well-supplied, however. He reiterated the kingdom's stance that the spike in oil costs stems more

"Rapidly higher moving oil
prices can substantially impact
demand," said Oliver Pursche,
president of Gary Goldberg Finan-
cial Services.

“Tt's something OPEC members
are "very, very much aware of and
want to avoid."

Oil prices have risen 9 percent
so far this month. That has pushed
stocks lower as investors worry
that higher gas prices will dampen
the economic recovery.

The Dow Jones industrial aver-
age gained 124.35 points, or 1 per-
cent, to 12,214.38. The S&P 500
rose 11.69, or 0.9 percent, to
1,321.82.

LOT FOR SALE

Price: SSL Sine: 17 19) Say ft; BA ple

from financial speculation and unwarranted investor sentiment than industry fundamentals.

CAIRO — An official with a subsidiary of Libya's national oil company
said production has dropped by about 90 percent, a reflection of the
beating the OPEC member's oil sector is taking amid violence raging in
the country. Analysts estimate that more than half of Libya's almost 1.6
million barrels per day in production is being shut in.

BERLIN — Major oil producers and consumers are well-placed to
respond to any shortfall in supplies resulting from the crisis in Libya,
U.S. Treasury Secretary Timothy Geithner stressed after talks with
German Finance Minister Wolfgang Schaeuble. He added that “even in
the face of these uncertainties," there are "encouraging signs of grad-
ually strengthening recovery" across major global economies.

Besides the global economy and the eurozone debt crisis, Geithner
and Schaeuble also discussed sanctions against the regime of Libyan
leader Moammar Gadhafi. Geithner said they addressed the "effort to
build a strong set of sanctions" against the Libyan regime, but gave no
details. Geithner's meetings in Germany, where he also met European
Central Bank President Jean-Claude Trichet, came ahead of a pair of
summits at which European leaders will try to finally get a grip on the

LONDON — Hopes that the OPEC oil cartel will raise production to offset the shortfall from Libya pushed

oil prices lower and shored up confidence in European stock markets.

The FTSE 100 index of leading British shares closed up 0.2 percent, France's CAC-40 ended up 0.6 per-

cent and Germany's DAX was 0.4 percent higher.

TOKYO — Earlier in Asia, Japan's benchmark 225 stock average added 0.2 percent, while Hong Kong's
Hang Seng rose 1.7 percent and China's main Shanghai index gained 0.1 percent.

SHANGHAI — China's economy is safe from a "double-dip" slowdown in growth, a top economic planner
said, though he acknowledged challenges in keeping inflation under control and cutting back on excessive

and wasteful investments.

HONG KONG — Chinese airlines announced a batch of deals to buy airplanes from Boeing and other West-
ern plane makers at a major Asian air show, underlining the rapid expansion of China's aviation market. Air
China and Hong Kong Airlines plan to buy planes from Boeing Co. worth about $10 billion at sticker prices.
Chicago-based Boeing predicted that the Asia-Pacific region would overtake North America and Europe as
the world's biggest air transport market over the next 20 years after a similar forecast from rival Airbus SAS.

ATHENS, Greece — Greece raised 1.625 billion euros ($2.28 billion) in an auction of treasury bills, though
the higher interest rate it has to pay showed investor unease a day after the country's credit rating was down-
graded sharply. In return for selling the 26-week bills, Greece had to pay an interest rate of 4.75 percent, up
from the 4.64 percent it had to pay in a similar auction last month, but lower than the 4.90 percent demand-
ed in January. Though investors wanted a higher rate in return for their cash, the Greek government still man-
aged to raise more than the original offer of 1.25 billion euros because of heavy demand for the bonds.



Greece raises $2.3bn in treasury
bills auction following rating cut

ELENA BECATOROS,
Associated Press
ATHENS, Greece

Greece raised Euro1.625 bil-
lion ($2.28 billion) in an auc-
tion of treasury bills Tuesday,
though the higher interest rate
it has to pay showed investor
unease a day after the coun-
try's credit rating was down-
graded sharply.

In return for selling the 26-
week bills, Greece had to pay
an interest rate of 4.75 percent,
the Public Debt Management
Agency said. The rate was up
from the 4.64 percent it had to
pay in a similar auction last
month, but lower than the 4.90
percent demanded in January.

Though investors wanted a
higher rate in return for their
cash, the Greek government
still managed to raise more than
the original offer of ?1.25 bil-
lion. Demand was relatively
healthy, with the auction 3.59
times oversubscribed.

Tuesday's sale came after
Moody's slashed the debt-rid-
den country's junk rating by
three notches to Bl, prompt-
ing a furious riposte from the
Greek government, which
described the move as "com-
pletely unjustified.”

Greece began short-dated
treasury bill sales last Septem-
ber to maintain a presence in
the market after its debt crisis
sent interest rates for longer-
term money soaring, effective-
ly blocking the country from
the bond market.

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immediately seeking an entry-level
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required. The candidate must work
well independently, take initiative and
be a team player.

Attractive benefits

Reply in confidence to:

vacancy50@gmail.com

(only short-listed applicants will be contacted)



INTERNATIONAL
BUSINESS

continent's debt crisis. The Treasury Secretary praised eurozone countries’ "remarkable" efforts to push through
reforms and produce a long-term mechanism aimed at coping with future problems.



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POSITION AVAILABLE
FOR A LEGAL SECRETARY
at

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Applicant must:

Have a minimum of 5 (five) years
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Have strong typing skills

Be proficient in Microsoft Word
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Applicant with background in real estate,
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Medical insurance and Pension Plan offered.

Salary commensurate with skills and experience.

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Email: mklonaris@klonarislaw.com

EF In this Feb. 1, 2011 photo, traders gather at a post on
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POSITION AVAILABLE
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This position support the facility by managing the activities
associated with electrical projects and electrical maintenance.

The successful candidate will have the ability to manage projects,
and possess’ good computer and organizational skills. Good com-
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A College Degree in Electrical Engineering is required.
Entry level candidates are welcomed.

Bahamian Citizen or Holder of Bahamas Work Permit required.
Opportunities Include:

- Competitive Salary

- Relocation Benefits, worker plus family

- Major Health Benefits, worker plus family

- Dental Benefits, worker plus family

Visit www.mortonsalt.com, and follow the career page.



PAGE 8B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COAT

HODO/CLE/ quilts

















Common Law and Equity Divison

IN THE MATTER OF ALL THAT piece parcel or lot of land containing, by
admeasurements, sit thousand (6,000) square feet or thereabouts :
and the island are marketed
to potential tourists.

“In terms of the categories,
it does make a difference
because they really are keep-
ing open the higher-priced
category rooms. We under-
stand why they are doing it,
but it certainly will have
impact on what we are pro-
moting and prices, and the
competitiveness of Grand
Bahama versus Nassau. The
effect is that some of the com-
petitiveness that we thought

FROM page 1B

being known and described as Lot #1291 of Golden Gates Estates
Section Two Addition situate in the Western District af the island af :
Lucaya said the move was
necessary to save other jobs
and keep the remaining part
of the resort operational.
Speaking to Tribune Busi-
ness from Berlin, Germany,
Mr Vanderpool-Wallace said
that while Grand Bahama
used to play a role as a lower
“entry price point” Bahamian
destination, this is no longer
the case, and it will mean
changes in the way the resort

New Providence one of the lands of the Commonwealth of the
Baharvas
AND
IN THE MATTER of the Quieting Titles Act 1959
AND
IN THE MATTER of the Petition of Rosemary Hart
Worle
Take police (hat ROSEMARY HART of the Southern District of the lend
of New Providence The Bahamas has filed a Petition pursuant te the
Quieting Titles Act, 1959) in respect of the following property:-

Lot #1291 of Golden Gates Estates Section Two Addition situate in the

Western Gestrict of the Island of New Providence, The Bahamas wach











































COMMONWEALTH OF THE BAHAMAS ~ 2010

IN THE SUPREME COURT CLE/qui/01590

said Subdevision & situate an the narthemn side of MMulatta Place 300 A,

Common Law and Equity Side
Northeasterty fram Cedar Way and approximately 549 {t, Sautheasterly
from Carmichael one The lot i measured a’ being bounded ‘The Petition of Raleigh l Putlee Ge taeepcct of
Westwandly by Lot 1290 of the said subdivision and munning 100 ft.;
northwardly by a Lot 1280 and running 60 ft.; eastwardly by 2 bot 1292 ALL THAT tract of land containing 1,045.128
Acres being a part of the original Crown
Grant to Thomas Fraizer situate im the vicinity
plan now filed in the Gepartment of Lands and Surveys as Plan 5142 of Carmichael Pond and Sandy Point and
HP. otherwise known as ‘The Fraizer Tract’ as
well as “Carmichael’ on the Western End of
the Island of Rum Cay one of the Islands of
the Commonwealth of the Bahamas and ALL
THAT tract of land containing 1,526.41 Acres
being a part of the original Crown Grants to
Andrew Deveaux, Benjamin Lord Jr, and
William Slater in the vicinity of Hartford Caves
on the Northern Coast of the Island of Rum Cay
one of the Islands of the Commonwealth of the
Bahamas.

running therean 10) ft; and southwardly by a public road reservation
known 25 Mulatto Place running thereon 60 ft. This bot is shown on a

The Petition of ROSEMARY HART aims that she has held possession of
the said hereditaments for the last thirty (30) years and that
accordingly ne dower or ather right affects her tithe to the same; and
further that there are no charges, encumbrances, or monetary liens
attached to the said hereditaments which affects her tit: to the land.
AND FURTHER TAKE NOTICE that Rosemary Hart, the Petitioner, has
presented a Petition to the Supreme Court to have her tithe to the land
investigated determined and declared under the quieting titles act 1954

[Ch.357) Statute Laws of the Bahamas

Raleigh I. Butler Sr. claims to be the owner of the
fee simple estates in possession of the said lands and has
applied to the Supreme Court of The Bahamas under 8.3
of the Quieting Titles Act, 1969 in the above action to
have its title to the said lands investigated the nature and
extent thereof determined and declared in a Certificate
of Title to be granted by the court in accordance with
provisions of the said Act. Copies of the said plans may
be inspected during normal office hours at the Registry
of the Supreme Court, East Street, N.P., and at the
Chambers of C.F. Butler & Associates, Charles E. Carey
Building, Dowdeswell Street, Nassau, Bahamas.

during the marmal office hours at the following places situated

within the Island of New Providence, The Bahamas:
Registry of the Supreme Court located 2â„¢ Floor of the Ansbacher
House, East Street [North

1, Department of Lands & Sureey located East Bay Street and

t The Chambers of Hanna Johnsen & Ca, located Hawking Hill on its
Eastern Side, (Travelling north it is the 7° structure after passing

the Department of iemigration's [Adetional) Parking Lot.

NOTICE is berets given that any person having dower or right to
dower or any adverse claim or a claim mot recognized in the said NOTICE IS HEREYBY GIVEN that any person
I having dower or a right to dower or any adverse claim
not recognized n the Petition shall before the 2â„¢ day of
May A.D., 2011 file in the said Registry of The Supreme
Court and serve the Petitioner or the above C.F. Butler
& Associates a statement of such claim in the prescribed
form verified by an Affidavit to be filed herewith.
Failure of any such person to file and serve a statement
of such claim by the above time will operate as a bar to
such claim.

Petition st file in the
Supreme Court RINE Siry located 2” Floor of the Arshacher Hust,
East Street (North) and serve on the Petitioner, through her
Artorneys a statement ol bison her clin in the prescribed fern
verified by an Affidavit filed therewith, Failure of any such person to
file and serve a statement of his or her clan on i

11 shall operate as a bar to such claim,

Dated this 22â„¢ day of February, A.D., 2011

C.F. BUTLER & ASSOCIATES
Chambers

Top Floor, Charles E. Carey Bldg.
Dowdeswell Street

Nassau, The Bahamas

This Natice & pubvnbed by Geter of the Court dated November 25°,
ALD, ADO by Ave Lordship Sv iefichee! Bannett ond i polihed at the
instance of the Petitioner's Attorneys Messrs. Homa Jofsan & Co,
whose Chambers are located Howkins Ail (North), Mew Providence,
The Bohan aad moy be contacted of (242)-325-0159 ov (242)-325-

6168.

Attorneys for the Petitioner

= FG CAPITAL MARKETS
5 BROKERAGE & ADVISORY SERVICES

ROYAL FIDELITY

Moray al Werk

BISX LISTED & TRADED SECURITIES AS OF:
TUESDAY, 8 MARCH 2011
BISX ALL SHARE INDEX: CLOSE 1,456.20 | CHG 0.32 | %CHG 0.02 | YTD -42.99 | YTD % -2.87
FINDEX: YEAR END 2008 -12.31%

WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

52wk-Low Securit_y Previous Close Today's Close Change Daily Vol. Div $
0.95 AML. Foods Limited 1.04 1.09 0.05 0.123
9.05 Bahamas Property Fund 10.63 10.63 0.00 0.013
4.40 Bank of Bahamas 4.50 4.50 0.00 0.153
0.17 Benchmark 0.18 0.18 0.00 -0.877
2.70 Bahamas Waste 2.70 2.70 0.00 0.168
1.96 Fidelity Bank 1.96 1.96 0.00 0.016
9.44 Cable Bahamas 10.21 10.21 0.00 1.050
2.35 Colina Holdings 2.40 2.40 0.00 0.781
5.80 Commonwealth Bank (S1) 6.80 6.80 0.00 0.488
1.90 Consolidated Water BDRs 2.16 2.24 0.05 0.111
1.40 Doctor's Hospital 1.40 1.40 0.00 0.107
5.25 Famguard 5.25 5.25 0.00 0.357
5.88 Finco 5.88 5.88 0.00
8.77 FirstCaribbean Bank 9.39 9.39 0.00
4.57 Focol (S) 5.40 5.40 0.00

0.682
0.494
0,452

1.00 Focol Class B Preference 1.00 1.00 0.00, 0.000

5.50 ICD Utilities 7.40 7.40 0.00 0.012

9.80 J. S. Johnson 9.82 9.82 0.00 0.859
10.00 Premier Real Estate 10.00 10.00 0.00 1.207

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Security Symbol Change Daily Vol. Interest
Bahamas Note 6.95 (2029) BAH29 99.46 0.00 6.95%
Fidelity Bank Note 17 (Series A) + Feet? 100.00 0.00, 7%
Fidelity Bank Note 22 (Series B) + FBB22 100.00 0.00, Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00, 7%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid ® Ask ® Last rire Daily Wo.
Bahamas Supermarkets N/A N/A 14.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds
Fund Name NAV YTD%

CFAL Bond Fund 1.5179 5.51%
CFAL MSI Preferred Fund 2.9486 0.04%

1.5141 CFAL Money Market Fund 1.5837 0.61%
2.8522 Royal Fidelity Bahamas G & | Fund 2.7049 -0.56%
13.0484 Royal Fidelity Prime Income Fund 13.4164 0.44%
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 2
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

S2wk-Hi S2wk-Low
99.46
100,00
100,00
100,00

100,00.

Last Sale
20 November 2029
19 October 2017
19 October 2022
30 May 2013
29 May 2015

EPS $
-2,945
0.001

Div ® P/E
0,000
0.000

S2wk-ILovww

4.540
0,002

0.000
0.000

NAV GMTH
1.475244
2.910084
1.545071

NAV 3MTH
1.498004
2.918256
1.564030

Last 12 Months %
6.90%
1.45%
4.59%

-15.54%
3, 19%,
12.49%
7.18%
5.20%
4.73%
5.35%

30-Nov-10
28-Feb-11
11-Feb-11
31-Jan-11
31-Jan-11
30-Jun-10
30-Sep-10
31-Dec-10
31-Dec-10
31-Dec-10

1.4076
2.8300

107.570619
105.776543

114.3684
106.5528
1.1465

9.98%
4.75%
5.20%
4.73%
5.35%

109.392860
100.779540

1.0000,
1.0000
9.1005

4141188
1.1491

9.7950 4.85% 5.45% 30-Nov-10

10.0000

10.6417 -1.20% 0.50% 30-Nov-10

9.1708
31-Jan-11

31-Jan-11

10.1266 1.27%
8.4510 0.72%
MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity
ASk $ - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - 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

1.27%
4.8105 9.95%
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wicHi - Highest closing price in last 52 weeks
52wk-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 eamings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
S41) - S3-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

could be restored to Grand
Bahama will be diminished,
and it will mean we have to
work harder on achieving
what it is we are trying to
achieve,” said Mr Vanderpool
Wallace.

“That is something we are
still working out the details
on with the new management
there, and we certainly have
gotten a great deal of cooper-
ation with them so far.”

Maximising “value” to
would-be travellers to the
Bahamas - essentially lower-
ing costs or enhancing what
visitors feel that they get for
their dollar - has been a major
focus of the Ministry of
Tourism’s strategy to attract
more arrivals to this nation
during economically dire
times. Promotions such as the
‘Companion Fly Free’ deal
,which allows an internation-
al visitor to get a free airfare
to the Bahamas if they and a
friend/partner stays at a hotel
for aminimum of four nights,
have been key elements of
this strategy.

The Tourism Minister
declined to elaborate on any
plans that may have been
shared with him by the
resort’s owners to boost its
flagging performance levels,
but he added that his Ministry
will now “work with (the
hotel) to help restore them to
where they were”.

Mr Vanderpool-Wallace
added that the Government
was supportive of the deci-
sion by Hutchison Whampoa
to have those “ultimately
responsible for the property
really much more concentrat-
ed on island than they were
before” as it seeks to improve
business levels at the resort.

“We certainly believe in
this group, which is trying to
move things along, and we
will do our best to work with

Our Lucaya closure strategy
‘diminishes price competitiveness’

them to make that happen.
We believe the formula they
have come up with now,
where all of Hutchison’s hold-
ings on Grand Bahama are
under one vision as opposed
to the separation that was
there before, will help,” said
the Minister.

Tribune Business under-
stands that Hutchison Wham-
poa has restructured its
Grand Bahama interests
under the Freeport Container
Port, placing them under the
ultimate control of Hong
Kong-based John Meredith,
head of the conglomerate’s
global ports operations,
Hutchison Port Holdings.

Hutchison Whampoa’s oth-
er interests in Grand Bahama,
besides Our Lucaya, include a
50 per cent interest in the
Freeport Harbour Company,
which owns the Grand
Bahama Airport, 50 per cent
in the Grand Bahama Devel-
opment Company (Devco)
and a majority holding in the
Freeport Container Port.

On Friday, resort execu-
tives at Our Lucaya con-
firmed that more than 200
staff would lose their jobs at
the resort, leaving around 550
still employed.

The resort will now consol-
idate its operations in the
Breaker'’s Cay and Manor
House section of the property,
while the other two hotels,
including the Reef Village will
be closed.

"Primary in our improve-
ment plans is an aggressive
marketing and promotional
campaign and _ possible
restructure of the resort. We
remain excited about Grand
Bahama's future and will con-
tinue to demonstrate our con-
fidence in the tourism growth
and economy of the
Bahamas," a statement from
the company said.

NOTICE

NOTICE is hereby given that FANEL ETIENNE of FIRE
TRAIL ROAD is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 2"¢ day of March, 2011 to the Minister responsible for
nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that NISSAGE DENAVE of
SPANISH WELLS, ELEUTHERA, BAHAMAS is applying
to the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the
facts within twenty-eight days from the 2" DAY of MARCH,
2011 io the Minister responsible for nationality and Citizenship,
P.O. Box N-7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that OBSAINT GEORGES of
FOX HILL, NASSAU, BAHAMAS is applying to the
Minister responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person
who knows any reason why registration/naturalization should not
be granted, should send a written and signed statement of the facts
within twenty-eight days trom the 9" day of March, 2011 to the
Minister responsible for nationality and Citizenship, P.O. Box N-

7147, Nassau, Bahamas.

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
N* 46 of 2000

CRESCENT TRADING LIMITED

(IBC N° 151792 B
(In Voluntary Liquidation)

NOTICE is hereby given in accordance with Section 131(2)(a)
of the International Business Companies Act N° 46 of 2000,
CRESCENT TRADING LIMITED is in Dissolution.

Any person having a Claim against the above-named Company
is required on or before 2nd May 2011 to send their name, ad-
dress and particulars of their debt or claim to the Liquidator of
the Company, or in default thereof they may be excluded from
the benefit of any distribution made before such claim is ap-
proved.

Rosana Hollins of Suite 2B, Mansion House, 143 Main Street,
Gilbraltar, is the Liquidator of CRESCENT TRADING LIM-

ITED.



THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 9B



SS



ing friend a few weeks ago

and offered him some
heirloom tomato seeds. He
showed no interest. “I only
grow hybrids,” he told me.
“They are good and reliable.”
He had a point.

Hybrid tomatoes usually produce
well, while heirloom tomatoes can
seriously disappoint when it comes
to a good harvest. This exchange led
me to think about the pros and cons
of both types.

Hybrid seeds are produced by
cross-pollination in order to estab-
lish defined characteristics. Heirloom
tomatoes are open pollinated and
their forebears have been around for
many years, well over a hundred
years for some. Had I counted my
tomatoes at Christmas time I would
have found a 3:2 ratio of hybrids over
heirlooms because hybrids tend to
produce quickly and I used them for
my first crops. Now the majority is
definitely heirlooms.

[i talking with a garden-

Practically all hybrid tomato vari-
eties are determinate, meaning that
they produce all of their fruit at one
time and then die. Most heirlooms
are indeterminate and fruiting is stag-
gered over a long period, usually with
diminishing returns. I have often
pulled up plants that still had one or
two tomatoes attached which were a
long way from ripening.

Hybrid tomatoes are usually of a
uniform shape and size, all seeming-
ly pressed from the same mould.
Heirloom tomatoes have quite a bit
of character and no two seem to look
quite alike. Not all their shapes are
appealing; they are often lopsided

RELIABLE: A selection of heritage tomatoes including Cherokee Purple, Jubilee, Black Krim and Cuban.

Heirlooms or hybrids?

and parti-coloured. Some people look
at black heirlooms and resolutely
refuse to sample a slice.

I have already mentioned that
hybrid tomatoes are vigorous and
regular. This is important more to a
farmer than a gardener because when
all the crop is at the same stage of
growth the time for reaping is easily
calculated and the harvesting can be
done in one pass. Heirloom tomato
vines may be with you for most of
the growing season, taking up far
more space than they really should
when you calculate the returns.

One of the characteristics added
to hybrid tomatoes is disease resis-
tance. Tomatoes are prone to a great
number of diseases and many of these
diseases can be negated by using the
correct variety of tomato. Farmers
do not want to lose a complete crop
to disease so they invest in varieties
that are well protected. Gardeners
tend to grow several different vari-
eties of tomato and the loss of one set
would be annoying but not a disaster.

Some heirloom tomatoes do have

The Bahamas
own home
grown models.

Who would not
visit the islands
of the Bahamas
if there was a
chance of catch-
ing a glimpse

of one of

these glorious
young ladies.

inherent disease resistance but in gen-
eral they are innocents at large. I
must say that I have never lost any
heirlooms to any disease other than
nematodes. They may not be disease
resistant but as long as they are well-
fed and healthy they can survive very
well.

If you have been mentally tallying
the merits of hybrids over heirlooms
you no doubt have hybrids well ahead
by now. The last factor to be consid-
ered may change everything.

Why do you think those heirloom
tomatoes have been around for 25, 50
or 100 years? It is all because of the
taste. Heirlooms are heirlooms
because the seeds of the finest tasting
fruits were saved and used year after
year. There is no such thing as an
insipid heirloom.

During February a lady friend
tasted a black tomato — Black From
Tula — for the first time. “That’s a
tomato!” she enthused. “Wow!” She
then went on to suggest you could
have heirloom tomato tastings just
like wine tastings.

Hybrid tomatoes taste good and
are very satisfying — until you match
them up against an heirloom. Try a
slice of Big Boy or Early Girl, then
try the very similar looking Brandy-
wine. Point made.

On the lighter side, heirlooms usu-
ally have better names than hybrids.
The hybrid names are very pleasant
but seem to have been selected by
committee. Heirloom tomatoes have
wonderful names that often hint at a
story: Anna Russian, Break o’ Day,
Box Car Willie, Cherokee Choco-
late, Earl of Edgecombe, Kellogg’s
Breakfast, Mortgage Lifter, Omar’s
Lebanese, Pink Ping Pong, Riesen-
traube, Sophie’s Choice and Wins
All are examples.

If you have never grown heirloom
tomatoes, why not give them a try.
Just like Proust’s Madeleine, the
taste may take you back to the time
when tomatoes tasted like real toma-
toes instead of mushy cardboard.

¢ gardenerjack@coralwave.com

ust a few images of what we the
Bahamas looked like 40...50...60...

years in the past

BY ROLAND ROSE





PAGE 10B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



SS



The Tribune





Kate vs Catherine
- the Royal
name dilemma

By GREGORY KATZ and
SHAWN POGATCHNIK
Associated Press

CALL her Kate, at least for
now.

It may be years before Kate
Middleton becomes queen, but
questions are already being
raised about the princess-to-be's
preferred moniker: Queen Kate
or Queen Catherine?

Ever since her engagement
became official in November,
palace officials — and her
fiance, Prince William — have
taken to calling her Catherine,
which is the name used on the
official, gold-embossed invita-
tions to their nuptials at West-
minster Abbey on April 29.

"Catherine" sounds more for-
mal, regal and fitting for a future
queen, experts say.

But Middleton herself may
not embrace the change just yet.
During a joint visit Tuesday with
Prince William to Northern Ire-
land, Middleton mentioned
casually that she thinks of her-
self primarily as Kate.

"I'm still very much Kate,"
said Middleton, when a woman
outside Belfast City Hall asked
her what name she preferred.

The "Kate" versus "Cather-
ine" debate has emerged in
recent weeks because of
William's switch in using it and
because "Catherine" or the ini-
tial "C"' is being imprinted on
officially sanctioned wedding
memorabilia and commemora-
tive china.

"T think that Catherine does
have a more historic feel to it;
there have been several queen
consorts called Catherine in
British history," said Charles
Kidd, editor of the blue-blood
bible Debrett's Peerage. "So
Queen Catherine does sound
quite familiar. It has a historic
ring to it.”

He said Kate also sounds
pleasant but reminds him of the
feisty character in "Kiss Me
Kate,” a Cole Porter musical
that features William Shake-
speare's play "The Taming of
the Shrew."

"T imagine she'll be known as
Catherine but the tabloids and
majority of the press will con-
tinue to call her Kate, so in the
general sense she'll be known
as Kate," he said.

According to the official roy-
al wedding website, which has
already received more than two
million visits since it started up
last week, Middleton does not
prefer one name over the other.

It says Middleton used the
name "Catherine" when she was
growing up with her family but
tends to use the more casual
"Kate" in her professional life.

"Miss Middleton uses both
names equally, and she has nev-
ert expressed a preference for
either Catherine or Kate since
her engagement," the website
states.

Most of the popular British
press still call her "Kate," and
headline writers are not expect-
ed to change.



NCO irachine

Porgy and Bess



By CARA BRENNEN-BETHEL
Tribune Features Editor

he Nassau City Opera
[company gavea sneak

preview of what can be
expected when they present
their version of the legendary
Gershwin opera Porgy and Bess
in July at a special cocktail
launch at the Nassau Art Gallery
last week.

Attendees were treated to a special
wine and cheese reception, before
hearing a brief synopsis of the opera’s
plot by NCO artistic director Dr
Cleveland Williams and several selec-
tions from cast members.

“With this evening's performance
of Porgy and Bess, our vision is
accompanied with a burning desire
to experience the on-going develop-
ment of Nassau City Opera as a self-
sustaining dynamic, high quality,
regional, resident opera company
deeply involved in the enrichment
and the quality of life of the youth
and community of Nassau by provid-
ing and ensuring performance excel-

lence in opera,” Dr Williams
explained.

Porgy and Bess will be the second
full length performance by the group,
since they presented the well received
Treemonisha by Scott Joplin during
2009 as part of the official 36th
Bahamian Independence Day Cele-
brations and Dr Williams promised
that attendees will not be disap-
pointed. He explained that Porgy and
Bess is usually performed to sold out
crowds around the world due to its
overwhelming popularity.

The Bahamian version, he vowed
will be a first class performance that
will intrigue audiences. The company
will receive musical assistance from a
group of talented string musicians
from Canada who will come to Nas-
sau and complete the Bahamian
orchestra for the opera.

Dr Williams is appealing to corpo-
rate Bahamas and fellow Bahamians
to become “Friends of Nassau City
Opera” and lend their financial and
moral support; which will greatly
assist the company's artistic growth
and continued performances in the
Bahamian community.

Porgy and Bess tells the story of
Porgy, a disabled black beggar living
in the slums of Charleston, South
Carolina. It deals with his attempts to
rescue Bess from the clutches of
Crown, her violent and possessive
lover, and Sportin' Life, the drug
dealer and deals with themes of love
and abuse. It is based on Dubose
Hayward’s novel Porgy. It was first
performed in 1935, but received its
acceptance as a legitimate opera in
1976 when it was presented by The
Houston Grand Opera.

It’s more familiar songs include
Summertime, It Ain’t Necessarily So,
Bess, You is My Woman Now, I
Loves You Porgy and Oh I Can’t Sit
Down.

THE CAST WILL INCLUDE:
PORGY- Cleveand Williams/ Antoine
Wallace

BESS - Candice Bostwick and under-
study Fabienne Brown-

SERENA - Nikitia Thompson/ Annette
Dorsett

CLARA - Portia Barnett/Liza Fritz Charles
CROWN - Kermit Strachan/ Darrell
Hurston



BES PERFORMANCE:
Members of the cast
of Porgy and Bess
perform at the official
launch of the opera
held at the National
Art Gallery last week.
Amoung their selec-
tions was one of the
opera’s most famous
songs - Summer-
time.

Without ‘Men,’ is Charlie Sheen winning or losing?

By LYNN ELBER
AP Television Writer

CONSIDER two parallel
universes: Charlie Sheen is des-
tined to hit rock bottom after
being fired from the best job
he'll ever have; Charlie Sheen
has been freed to blaze a new
path to dazzling fame and rich-
es.

Speculation about the duel-
ing scenarios swelled after
Warner Bros. Television said
Monday that Sheen's services
on "Two and a Half Men" had
been terminated, effective
immediately, following "careful
consideration."

The studio said it’s yet to
decide the fate of TV's top-rat-
ed comedy which, under
protest from Sheen, halted pro-
duction for the season to allow
the hard-partying actor to seek
treatment for admitted drug
use.

During his bitter tug-of-war
with the studio, attention
focused on whether he was on
the verge of killing his career.
Imperiling a hit show and a job
that paid a reported $1.8 mil-
lion an episode — or earning

him north of $43 million a year
— must be Sheen's undoing,
observers said.

Not so fast, say others.

"At this point, all bets are
off regarding where his career
goes from here,” said Paul
Levinson, a Fordham Univer-
sity media professor.
"Although nothing is certain
where fame and celerity are
concerned, Sheen's ubiquity in
the past few weeks suggest that
he could indeed go on to
become a bigger superstar than
(the sitcom) could ever had
made him."

Opportunity already may
have come knocking.

Sheen, 45, met with execu-
tives at Live Nation Entertain-
ment on Monday and is con-
sidering a series of stage shows,
celebrity website RadarOnline
said. Calls and e-mails to the
concert promotion company
weren't returned Monday.

The road beckoned another
performer who clashed pub-
licly with his employer: Conan
O'Brien went on a nationwide
concert tour after exiting
NBC's "Tonight" over network
plans to move the show.

Sheen also intends to sell a
line of merchandise, including
T-shirts, hats and mugs, embla-
zoned with his catch phrases,
the website said. It's aimed at
displacing what he called the
"posers and bootleggers" mak-
ing money off "Winning,"
"Adonis DNA" and his other
memorable utterances,
RadarOnline reported.

The firing capped a rarely
open, raging battle between a
Hollywood star and those who
employ him, with Sheen claim-
ing the right to live as he
pleased — including the
acknowledged use of illegal
drugs, although he's said he is
currently clean — as long as he
showed up sober and ready to
work.

"Two and a Half Men,”
which debuted in 2003, stars
Sheen as womanizing bachelor
Charlie Harper, who creates an
ad hoc family with his neurotic
brother, the divorced Alan
(Jon Cryer) and Alan's son,
Jake (Angus T. Jones).

Sheen's life has long been
rocky but — either despite of
that or because of it — viewers
embraced him.



Tr



INA Aug. 2, 2010 file photo, Charlie Sheen waves as he arrives at the
Pitkin County Courthouse in Aspen, Colo., for a hearing in his domes-
tic abuse case. Warner Bros. Television says it has fired actor Char-
lie Sheen from the hit sitcom "Two and a Half Men."The studio that pro-
duces the CBS series said the decision was made after "careful con-
sideration." (AP)





MARCH 9 - MARCH 11
BTTO’S TALENT
EXPLOSION

SEARCH

¢ The Bahamas Talented
Youth Organisation invites
young men, ages 13-17, to be
individual participants or
groups in the Talent Explo-
sion taking place in April.
Participants will be divided
into three categories of
singing, dancing and instru-
ments. Winners receive a
grand prize of $500 and go
on to perform at the finals of
the Miss Bahamas Talented
Teen Scholarship Competi-
tion. Entry fee: $50/per
entry form. Email: talented-
teenbahamas@yahoo.com
Telephone: 341-7330.

MARCH 10-THURSDAY
COB’S CAREER

AND JOB FAIR

¢ The College of the
Bahamas Counselling and
Health Services department
hosts a Career and Job
Placement Fair under the
theme “Jobs for the Present,
Careers for the Future”,
10am-4pm at Independence
Park. See

http://www.cob.edu.bs

Peewee enrearareacevereerene

MARCH 12 - SATURDAY
NWCCU’S

OPEN HOUSE

¢ The National Workers
Co-operative Credit Union
presents an open house that
showcases its services and
products, 10am-6pm. Tele-
phone: 326-5806.

MARCH 12 - SATURDAY
SWAGGARIFIC
EXTRAVAGANZA:

“ZEBRA AFFAIR”

¢ Sky Juice King presents
the black and white edition
of the Swaggarific Extrava-
ganza at Club 112. Music
provided by Outta Road
King Studda alongside War-
rior Sounds, One Touch, DJ
Tank and Lil Dwight. Cost:
$10/ladies; $15/gents.
MARCH 12 - SATURDAY
6TH ANNUAL
UNCLE LOU ROAD

RACE & WALK

¢ St Augustine's College
Alumni invites you to take
part in the 6th annual Uncle
Lou Road Race and Walk
that begins 6am from Raw-
son Square with male and
female categories from
under-15 to 50-and-over.
Entry fee: $15.

Peeeereereevrecrerenenvereerere

MARCH 14 - MONDAY
“CHAPTER 34”:
POPEYE’S
BIRTHDAY
CELEBRATION

¢ Popeye Productions and
Club 40/40 present “Chapter
34”, a birthday celebration
for Popeye, 10pm at Club
40/40, Carmichael Road.
Cost: $10/ladies; $15/gents;
$25/VIP includes free drinks
and hor 'd'ouvres. Music
provided by Mighty Pencil,
DJ Fines, Dion Da Butcha,
Big “L” and special perfor-
mances by The Smooth
Criminals, Juice Unit
Dancers and Popeye and Da
Caribbean Dancers.

share
your
news

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

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



THE TRIBUNE





Gossip Corner

¢Ya Hear Kanye West recent video for “All of
the Lights” was banned from Youtube? Appar-
ently the controversial video has been removed
from Youtube as it is believed that its content
poses danger for persons with epilepsy. The video
was removed after Epilepsy Action expressed its
concern that it may be harmful to some people
with photosensitive epilepsy.

¢Ya Hear Nelly & Kelly, you know the two
singers who had that big hit “Dilemma” back in
the day. They are out with their spanking new hit
"Gone", its a sequel to the 2001 smash hit" Dilem-
ma." You guys should check it out, it's great. By
the way, they are not a couple but they would
make a beautiful couple, keep it up guys!

¢Ya Hear Will Smith's little girl Willow Smith
appeared on Oprah the other day broadcasting
and performing her new song "21st Century Girl".
Tam a big fan of the Smiths but I really think lit-
tle Willow should be in school, she is way too
young for all of this exposure. Fans are saying
the single is not as big as her last song "Whip My

Hair,"

but it has a ring to it. It is more generated

to the younger crowd like herself, I'm not mad at


















eae

you Willow, do your thing girl!

¢Ya Hear Chris Brown is
on the web in the nude? It’s
bad enough that he is always
catching fire for some of his
tweets on Twitter, and now
he is the centre of a naked
photo scandal. A full-
frontal nude photo of
the star emerged
online on Friday

night.
Taking it to
Twitter.com
Brown tweeted:
“Another day!!
Another les-
son! Another
party!! I’m so
thankful to

I
Faia have the
: support of
r—

‘

earvernnneesent

ne my fans with
5 my music!”

X

\

Hop Songs

>

>

>

>

>

>

>

9

>

>

MOMENT 4 LIFE
Nicki Minagj Featuring Drake

FALL FOR YOUR TYPE

Jamie Foxx Featuring Drake

6 FOOT 7 FOOT
Lil Wayne Featuring Cory Gunz

LOVE FACES
Trey Songz

LOOK AT ME NOW

Chris Brown Featuring Lil Wayne
& Busta Rhymes

PRETTY GIRL ROCK

Keri Hilson

NO BS

Chris Brown

ALL OF THE LIGHTS
Kanye West

YOU BE KILLIN EM

Fabolous

CAN'T BE FRIENDS
Trey Songz

LAG Seeeeen oe

& ENTERTAINMENT



2
| &
| Oo ,
|Z !
14 ~F )
| PP
| 5 \
+ a fh
| Bae

wi \

By FARAH

eteacecccrccreasensnccearenceasaaeanseereneere

tired of doing nothing! The

reality TV star stepped into
another facet of the entertain-
ment industry- she released her
debut single Jam (Turn It Up).

[ie Kim Kardashian is

The upbeat dance track was produced and
written by singer and songwriter The Dream.
And while the song is an epic failure, sales
from it will go towards a long-standing chari-
ty.

es good friend Ciara encouraged her to
harness her musical skills. But I guess misery
loves company since Ciara isn’t doing that
well with her music either.

However, we can’t escape the fact that it is
a good gesture by Kim K, but maybe a she
should have taken another route if giving back
to charities was something that she held close
to her heart (but like they say different strokes
for different folks).

While “Jam” is not the worst debut single
from a reality star, Kim could have given a lit-
tle more effort. Maybe if Kim didn’t sound
so boring and lifeless it would have at least
made up for the cheesy lyrics.

“?’mma burn it out tonight, it’s goin’ down

by live via satellite and all | see is angels in my eyes
and the buzz got me way up in the sky.

Maybach in the front (the front), pick out any boy
that | want (1 want),

DJ here | am feeling good, feeling great, just got
paid.”

The song had the potential to be a fun hit,
but if she didn’t sing it like she was thirsty
she wouldn’t be getting so many negative com-
ments from listeners. Kim showed just how
hard it was to be recording artist.

“Tm human, [ve never sang before! This is
definitely something I don't do, so for me to
step outside of my comfort zone and do this—
world premiere it on KIJS FM with Ellen and
Ryan Seacrest, this is a really big deal!” she
explained.

I must give her credit for taking such a brave
leap leaving herself open to criticism by others.
But hey we can’t kill her for trying. And beside
how would she have known that she has _
no real future as a recording artist if she
didn’t try. Now that she gotten that out
of the way she can try something new.

Kim K has committed to the song y
as she is gearing up for the premiere
of the video this Sunday.

And just a suggestions maybe her
stepdad Bruce can do the remix to
“Jam”.

Kim Kardashian is known most
infamously for a sex tape with R&B
journeyman and reality star vet Ray J.
Her family’s reality show Keeping Up
With The Kardashians is one of cable
network E!’s most popular shows.



WEDNESDAY, MARCH 9, 2011, PAGE 11B





I’m human,
Ive never sang
beforel This is
definitely some-
thing | don't do, so
for me to step out
side of my comfort
zone and do this—
world premiereit
on KIIS FM with
Ellen andRyan
Seacred, this is a
really big deal.






















Circo,

By LESH

In Ya Ear Idol Recap
BASED on the viewers votes,
the top 10 were revealed to Ameri-

ca last week. The two long hours
consisted of 14 contestants being
cut from the show, but three were
saved as they competed for the
judges wild card spots. Ashton, Ste-
fano and Naima sang their hearts
out as they competed for the wild
card picks.

Although nervous, Ashton came
out with all her confidence and
sang the famous Dream Girls song,
"And I Am Telling You." She real-
ly wanted to convince the judges
that she was not leaving that stage
without a yes. Ashton is a favourite
of mine, I was very shocked when
she was not picked for the top 10
from the start, I am sure others
were just as surprised also. Ashton
fought herself into the top 13 with
the song she had chosen, go Ash-
ton!

Stefano also had a point to prove
when he was not initially chosen for
one of the top 10 spots, he came
out in the wild card picks and sang
"I Need You Now," for the judges,
a very inspiring song. [am happy
that he got his second chance to be
in the top.

A fan favorite, Naima sang "For
all we know," for the wild card
judges, and you can tell she wanted
to be there by the tears that rolled
from her eyes as she sang her heart
out performing that song, she really
wanted it and she got her second
chance.

In the midst of it all, Jennifer
Lopez premiered her new video for
her single " On The Floor," which
was very entertaining. J lo "still got
it," at her age. This week, AI fans
can be on the look out for a few
celebrities to make appearances on
the results show after the top 13
take to the stage. Rumor has it that
former idol, Adam Lambert will be
performing on the show this week.
Also, performances by Diddy Dirty
Money and David Cook.

The Elimination

RESULTS



Al 2011 TOP 10
* SCOTTY MCCREERY
* JACOB LUSK
* CASEY ABRAMS
¢ PAUL MCDONALD
e JAMES DURBIN
* PIA TOSCANO
e LAUREN ALAINA
* KAREN RODRIGUEZ
¢ THIA MEGIA
* HALEY REINHART

Al WILD CARD JUDGES PICKS
¢ ASHTHON JONES
¢ STEFANO LANGONE
* NAIMA ADEDAPO

PN DAW



“Pretty pretty please,
don't you ever ever
feel

Like you're less than,
less than perfect

Pretty pretty please, if @
you ever ever feel like
you're nothing, you

are perfect a



TO AS IN THIS NEW EXCITING SECTION CALL 502-2394,










Mahogany House's philosophy of keeping it simple and staying
close to the earth is delivering a unique dining experience.

T MAHOGANY
House, simplicity
is something they

take very seriously.

Spurning the customary ocean
view and elaborate décor for a rus-
tic setting among native trees, this
new restaurant has gone back to
basics to redefine what it means to
eat well in Nassau.

Everything from the food, to the
wine, to the property itself, is true to
the ideal that an authentic fine din-
ing experience doesn't need to be
adorned with pretentious bells and
whistles — or obscene prices for that
matter.

Nor must a great restaurant
exude an air of inaccessibility.

"I've been in restaurants where I
feel uncomfortable," said manager
Chris Farnum. "I don't like to feel
that.

"The idea here was to create
something simple: good food for
good value, a place where you'd be
able to get a cocktail, to get a glass
of wine, a place anyone could come
to, a second home for people.”

But simplicity isn’t easy.

"When you strip everything down

to the basics, they better be great.
Taking food and making it simple
and great is harder,” Chris said.

It’s even more difficult when you
are aiming to keep all entrees under
$45 — most of them well under —
and a stock of 400 excellent wines at
very reasonable prices.

Yet in just three months, Chris
and his team have more than ful-
filled their ambitions — a fact which
the perpetually packed dining room
bears witness to.

The key to pulling it off is staying
close to the earth.

Self Sustaining

Mahogany House grows as many
of its own ingredients as possible.
Working in conjunction with local
produce company Lucayan Tropi-
cal, they have established 2,000
square feet of raised vegetable beds,
as well as a picturesque terraced
herb garden where basil, coriander
and tomatillos grow. Chris plans to
make this the setting of wine tastings
and pig roasts in the future.

The vast majority of the meat and
fish served at Mahogany House are
sustainable; sourced from farms that

use ecologically sound methods in
an effort to have as little impact on
the environment as possible.

This concern with leaving a light
footprint is also evident in the design
of the building in its 1.5 acre set-
ting.

Architect Thomas Schlesser of
Design Bureaux in Manhattan, New
York worked with a local architect
on the plans, which were more than
a year and a half in the making.

"The land was special, so the idea
was to make something that gave
people a sense of place,” Chris said.
"What usually happens is a bull-
dozer comes along and pushes
everything down before you start
building. But here, we only took the
trees down where the building sits.

“It's really easy to impose your-
self on a space, and it can work, but
the idea here was to do something
that fits, something that belongs.

"I want people to come in and
feel that they have discovered some-
thing. We wanted that historical tie.”

Much of the detailing is wrought
in the lustrous red wood for which
the restaurant is named, and which
itself has a deep historical resonance
in the Bahamas.

In Ya Ear: Kim
Kardashian
premieres Jai

see page 11

Though the effect is simple, every
detail was carefully considered —
right down to the seemingly casual
distribution of small herb bushes,
which were actually positioned
strategically to release bursts of fra-
grance when brushed by passers-by.

The first thing the customers see
when they approach the property
is its octagonal shop which sells
many of the ingredients used in cre-
ating the menu.

It stocks a wide selection of
gourmet coffees, aged artisan
cheeses, olive oils, and many of the
wines served in the dining room.

The shop sits above the Euro-
pean-style, gravel-floored wine cel-
lar, which doubles as a private din-
ing room seating 14 for an eight-
course meal paired with wines.

Chris has imported his selection
of choice wines from Italy, Spain
and France.

"The best wine is made in the best
environment. Like great food, it’s
the ingredients that make the dish,”
he said. “The best wine is organic,
unfiltered, and produced by little
growers who put their heart and
soul into making the best wine they

”

can.
Passion

Chris has a passion for educat-
ing people about food and wine —





especially his staff of 40, who are
all 30 years old or younger.

"A restaurant has to be a com-
plete learning environment,” he
said, explaining that at Mahogany
House, even the waiters get a
chance to learn their way around
the kitchen, so long as they display
the proper level of enthusiasm and
care.

"T tell them they've got to make
sure they are proud of every single
dish they put out,” Chris said.

He learned this approach to food
through experience. Born in a tiny
Iowa town of just 3,000, he started
working in restaurants when he was
18 to pay his way through college.

“Twas a bus boy, became a wait-
er, then moved to Chicago and
worked for big restaurant compa-
ny,” he explained.

Chris opened the very successful
Jane's restaurant in the trendy
neighborhood of Bucktown, Chica-
go in 1994. It became known as
one of the best restaurants in the
city.

Chris was working in the industry
when he met Mahogany House
owner, local hedge fund manager
Mark Holowesko.

He emphasised that the restau-
rant is Mark’s brain child and that
he played a vital role in the design
and development of the project.

“He deserves all the credit for
bringing it to life,” Chris said.





DELICIOUS: Chefs Dan Quirk (above left), 24 and Kevin
Getzwich (above right), 25 display their wares.

GRAND TOUR: eet House manager Chris Farnum gives
Tribune reporter Megan Reynolds a tour of the shop.





{T\

Pim blowin’ it

SOF
70F

SUNNY AND

HIGH
LOW

~ BREEZY

Volume: 107 No.90






aU a







Mum ’s plea for
paralysed son

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

A TEENAGER paralysed in
a horrific car accident two years
ago is reaching out to the com-
munity for help in getting treat-
ment which could help him
walk again.

Renaldo Bradford Gibson
and his mother Jacqueline Ford
were involved in a car accident
in March 2009 in which Renal-
do broke his second vertebrae,
leaving him unable to move any
part of his body.

“This has really left me in a
mental state,” Mrs Ford told
The Tribune yesterday. “All the
ups and downs of his case has
thrown me into depression
sometimes. My family has been
torn because of this.”

Remembering the day of the
accident, Mrs Ford said she was
pulling out of a corner on
Prince Charles Drive, on her
way to drop her son off to
school, when a truck hit the
passenger side of their car,
where Renaldo was seated.

Mrs Ford said she blacked
out for a few moments only to
wake up and find her son had
been thrown from the car and

was lying unconscious on the
pavement.

Taken to Princess Margaret
Hospital, Renaldo immediately
underwent emergency surgery
to stabilise his neck.

Mts Ford, who escaped with
minor injuries, received the
devastating news from doctors
shortly afterwards — her son
would never walk again and
would be ventilator-dependent
for the rest of his life.

Although he has remained
bedridden in hospital for the
last two years, 18-year-old
Renaldo has slowly regained
feeling all over his body and
now has some limited move-
ment in his legs, which doctors
initially told Mrs Ford would
not be possible.

Renaldo is still connected to
a ventilator, but Mrs Ford
believes that with further med-
ical treatment and rehabilita-
tion in the United States,
Renaldo may have a chance of
regaining some use of his legs
and even upper body.

"My son is a fighter and has a
desire to go on," said Mrs Ford.

She said she wanted PHM

SEE page 10

AUTO INSURANCE

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Never start your

ance Management.
people you can trust.

A

| Gdhem =| = Exam
Te) SR | Od) S-3



WEDNESDAY, MARCH 9, 2011



ee

eS
a
SF

PST eS te

SECURITY AND INTELLIG

> —





REPORTS ‘SHOULD BE TREATED WITH CAUTION’

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

VETTING reports produced
by the Security and Intelligence
Branch are “often based on gos-
sip and trivia”, claims Fred
Mitchell, opposition spokesman
on the public service.

Appointments and promo-
tions in the public service are
often predicated on a “positive
vetting” score, but Mr Mitchell
said decision makers should
exercise their own judgment
and in some cases even “over-
rule an SIB report.”

He said he was not question-
ing the usefulness of vetting, but
said the reports should be used
with “caution.” The common
practice, he said, was for SIB
reports to be “elevated in the
minds of the bureaucracy to too



COMPUTERS LIMITED

high a level.”

“What we have to be careful
of is that gossip does not turn
into the official record of your
behaviour,” said Mr Mitchell.

He described the investiga-
tive process in producing an SIB
report as “going to the neigh-
bourhood where you live and
asking people what do you
know about the person.”

Superintendent Robert
Young, head of the SIB, did not
return messages asking him to
comment on Mr Mitchell’s
statement.

Credible allegations, infor-
mation about convictions or
undisclosed offences could rea-
sonably have a “material affect”
on a promotion decision, said
Mr Mitchell, but he cautioned
against using SIB reports as the

SEE page 10

day.



THE SALE OF BIC

PLP Leader Perry Christie
said last night that all PLP
MPs, and Senators will vote
“no” on the sale of BTC to
Cable and Wireless when the
matter comes to the House of
Assembly and the Senate.

Declaring before a crowd
of supporters at the party’s
rally at the Golden Gates
Shopping Centre that the PLP
will be calling for a “division”
on this issue, Mr Christie said
that they want Bahamians to
see and for history to record
“which of their representa-
tives” will vote for the “fire
sale of the national patrimo-
n pg

“I repeat: the PLP is
opposed to the sale of BTC

SEE page 10

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Sales: 242.996.0100 = Service: 242.394,1 115

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NASSAU AND BAHAMA ISLANDS’ LEADING NEWSPAPER



PRICE —75¢ (Abaco and Grand Bahama $1.25)



MAN DISCOVERED
SHOT DEAD IN CAR

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT: As police on Grand
Bahama launched an investigation into
the island’s first homicide this year, a sec-
ond man was discovered shot to death in
his car in the Garden Villas area.

A 24-year-old man, who was stabbed
early Sunday morning at a Freeport night-
club, died at hospital on Monday, police
reported.

The young man, identified as Tamaro
Johnson, is a resident of Weddell Avenue,
where police discovered a second man
shot to death around 11.50pm on Mon-

It is not known whether the incidents

are connected and if the shooting was in
retaliation.

SEE page 10



SEEKING HELP: Renaldo Bradford Gibson pictured (left) before his
accident and (above) in hospital with his priest. Renaldo and his moth-
er Jacqueline Ford were involved in a car accident which left him
unable to move any part of his body.

ENCE BRANCH VETTING fU@iNAS{T sa Vil alas mana La (3108
aaa




mee aati
ea

PROGRESSIVE Liberal
Party supporters met last
night at a Golden Gates ral-
ly to hear presentations from
party officials.

Jerome Gomez, PLP can-
didate for Killarney said:
“My fellow Bahamians, these
are dark times in our beloved
Bahamas. We are being
attacked on every front.
Crime is at an all time high!
Unemployment is at an all
time high! The Bahamian
spirit is at an all time low!
Broken and battered by this
uncaring government. And
instead of lifting up the
Bahamian spirit, all this
FNM government wants to
do is to build roads. Roads

SEE page 10

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PAGE 2, WEDNESDAY, MARCH 9, 2011

LOCAL NEWS

THE TRIBUNE





CHURCH HOSTS CONFLICT RESOLUTION FORUM

FITy 7 ie LE s

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trist Dr Timothy Barrett
spoke about methods of
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tre.

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PROJECT ENGINEER Charlene Collie (centre) gives reporters an update of road works on East Street
and Robinson Road as ministry employee Latoya Walker (left) looks on.



















Robinson Road and
East Street junction
closed for road work

ROBINSON Road from
Key West Street to the
junction with East Street
remains under full closure
as road work continues on
this corridor.

“We're working towards
completing this area in
totality. We're connecting
to water mains and prepar-
ing to install four utility
service ducts,” said Min-
istry of Public Works pro-
ject engineer Charlene Col-
lie.

“The intention is to com-
plete the works from
beginning to end.”

Other works to be car-
ried out include installation
of signs and road markings.

“We're asking the gen-
eral public and business
owners to bear with us
while we try to complete
these works as quickly as
possible.

“On the eastern end of
Robinson Road (from
Claridge Road to Miami
Street) under full closure
we were able to complete
the works in a shorter time
rather than with traffic
moving at all times.

“The full closure is to

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maximise the safety of the
motoring public, pedestri-
ans and workers,” she said.

Diversion notifications
are in place.

Drivers are advised to
use the Independence High
Way to Baillou Hill Road
and Eighth Street to East
Street or continue to Bail-
lou Hill Road travelling
north and then use Inde-
pendence Drive to travel
east to Marathon Road

(using a portion of Robin-
son Road).

Access to local business-
es and homes will be pro-
vided, the Ministry of
Works said.

Drivers can expect to see
more closures in the
Robinson Road area as
work progresses west
towards Baillou Hill Road.

e SEE PAGE SEVEN

Nine appear in coutt
on drugs charges

NINE men were arraigned in a Magistrates Court on

Monday on drug charges.

Lathario Rose, 36, of Rupert Dean Lane; David Cole-
brooke, 49, of Jasmine Gardens; Dwayne Henderson of
Prince Charles Drive; Nathaniel Higgs, 26, of North
Eleuthera; and Jason Major, 26, of East Street, pleaded
not guilty to the charges of possession of dangerous drugs
with the intent to supply and importation of dangerous

drugs.

The men were arrested last Wednesday near Cay
Verde, Ragged Island after authorities intercepted some
boats and retrieved 852 pounds of marijuana.

Police estimated the drugs to have a street value of

$852,000.

The five men were arraigned along with four others on

additional charges.

Rose, Colebrooke, Henderson, Higgs and Major have
been charged along with Mario Moxey, 39 of Kemp
Road; Zintwan Duncombe, 25, of Fresh Creek Andros;
David Sweeting, 34, of Exuma; and Carlton Johnson, 31
of Kemps Bay, Eleuthera with conspiring to import and
conspiring to possess dangerous drugs.

The men all pleaded not guilty to the charges.

They were remanded to Her Majesty’s Prison and are
expected back in court on March 14.

share your news

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

for improvements in the
area or have won an
award.

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





THE TRIBUNE

LOCAL NEWS

WEDNESDAY, MARCH 9, 2011, PAGE 3



Abaco residents plan
protest against BEC

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

A GROUP of Abaco res-
idents are set to protest
against BEC this Thursday
over unresolved issues with
the island's power supply.

The scheduled protest will
come a week after BEC offi-
cials held a town meeting on
the island, where they
promised that "by hook or
crook" the community’s
electricity woes would be
dealt with by the summer.

As previously reported,
many on the island fear BEC
will not be able to keep its
pledge, forcing locals, sec-
ond home owners and other
tourists to grapple with inter-
mittent power cuts and a
consequent drop in business
yet again.

"Lots of business people
here feel they (BEC) are just
trying to satisfy somebody
(with words)," one business
owner told The Tribune yes-
terday.

"People feel they are get-
ting mixed messages. Last
week BEC said new lines
will be in by the summer —
that could mean as late as
September," added the

Concerns raised
over issues with
power supply

entrepreneur, who did not
want to be identified. "Next
month, are they going to say
something else?"

Another Abaco resident
said her business has
dropped by at least 20 per
cent because of dips in the
power supply. Meanwhile,
calls continue to pour in
from tourists who are wor-
ried their summer travel
plans will be blighted by
blackouts, she added.

"I do have a lot of cus-
tomers that have written to
me and asked are they going
to have to put up with it
again this year. We have a
marina with 10 rented slips
but we've lost two of our
long-term boats because of
the power fluctuations -
that's 20 per cent of our busi-
ness," said the hotelier.

"They keep saying it's
going to get better and I

think it would be a major
mistake and let down to
tourists and the residents if
they don’t get this sorted
out".

Last week, BEC officials
insisted that construction of
overhead transmission lines
for the Wilson City Power
Plant will be completed by
the summer — although no
exact date was given — a
move expected to alleviate
Abaco's power outages dur-
ing peak usage periods.

“We are going to get it
right this summer,” BEC
chairman Michael Moss told
the skeptical crowd.

Government is reviewing
bids for the installation of an
upgraded transmission line
capable of providing a con-
sistent power supply to Aba-
co residents. A contract
should be signed by the end
of this month.

NEW YORK RESIDENT SENTENCED TO FORFEIT THOUSANDS OF DOLLARS

A 30-YEAR-OLD New York resident
was sentenced to forfeit thousands of dollars

and be deported yesterday.

Alphousseyn Sylla, a Frenchman resid-
ing in the Bronx, was arraigned before Chief
Magistrate Roger Gomez in Court One,
Bank Lane, charged with failing to declare,
$23,076 and falsely declaring that he was
not leaving the country with more than

$10,000 cash.

It is alleged that Sylla, while at the Lyn-

den Pindling International Airport on Mon-
day, March 7, failed to declare 200 pesos,

equivalent to $16.15; 141 Riyal (Saudi cur-

ration.

rency) equivalent to $37.59; $1,584.70 in
US currency; and £2,254, equivalent to
$3,642 in US currency.

Sylla pleaded guilty to this charge, and
also pleaded guilty to making a false decla-

He was ordered to forfeit the cash and be

deported.

MP says Ingraham ‘interfering
in court’s process over costs’

PRIME MINISTER
Hubert Ingraham is inter-
fering in the court’s process
of determining costs in the
case of Cheryl Grant-Bethell
according to Fred Mitchell,
opposition spokesman on
the public service.

He said this days after
Prime Minister Ingraham
categorised a_ recent
Supreme Court ruling as a
defeat for Mrs Grant-
Bethel, and said the govern-
ment expects to be award-
ed costs.

Mr Mitchell said: “Here
are the facts on the issue of
costs. The matter of costs
has been reserved to the
March 18 court hearing.
Any comment then on costs
could well be interpreted as
an attempt by the executive
to tell the court what to do.
Mr Ingraham is a lawyer and
knows better.

“The issue of those costs
remains a matter for the
overall arguments on the
March 18 hearing and are
for the judge to decide, not
the prime minister,” he said.

The court refused most of
the positions filed by Mrs
Grant-Bethell in her appli-
cation for a judicial review
after being passed over for
the post of Director of Pub-
lic Prosecutions.

However, Senior Justice
Jon Isaacs did rule that Mrs
Grant-Bethell was treated
“unfairly” by the Judicial
and Legal Services Com-
mission (JLSC), and that her
appointment to the lesser
post of Deputy Law Reform
Commissioner was “irra-
tional”.

Mr Mitchell said yester-
day: “We all happen to think
that the prime minister’s
attack on the weekend was
unseemly and we wish to say
so in the public domain.

“In our eyes, in the view



FRED MITCHELL, opposition spaKsnianiet on the nubli¢ service.

of the press, in everyone
else’s eyes except the prime
minister’s, Mrs Grant
Bethell won her case. No
amount of shouting and
stamping by the prime min-
ister can change what the
court said about the conduct
of the Judicial and Legal
Services Commission,” he
said.

Mr Mitchell further called
on the prime minister to
“cease and desist” — threat-
ening that there may be
legal implications to some
of this remarks.

“The prime minister’s
remarks may be defamatory
and Mrs Grant Bethel is
presently having her lawyers

examine those comments
made at his press conference
at the Lynden Pindling
International Airport.

“He made certain charac-
terisations of Mrs Grant
Bethell which are inaccurate
and which may be defama-
tory. While she has no quar-
rel with the press, it is
incumbent upon all of us to
guard ourselves from being
co-conspirators in a con-
certed effort by the govern-
ment of the Bahamas to
besmirch her reputation.

“Suffice it to say that Mrs
Grant Bethel asserts that at
all times she spoke truthful-
ly to the court,” said Mr
Mitchell.

ee ae

John S&S. George
Palmdale



Construction on the new
overhead transmission line
is expected to begin in April
with a summer completion
date.

If the line is not in place by
the summer, BEC will rely
on the generators — which
are currently undergoing a
$1 million refurbishment —
at the Marsh Harbour Power
Station.

“At present we are fully
capable of providing 14
megawatts of electricity from
the Wilson City Power Sta-
tion via the existing trans-
mission line. Should, for any
reason, the transmission line
not be installed on time, we
are presently overhauling the
generators at the Marsh Har-
bour Power Station,"
explained Mr Moss at the
town meeting.

"One million has been ear-
marked for this project and
once completed the Marsh
Harbour Power Station will
have the capacity to supply a
minimum of 11 megawatts
(MW) of reliable electricity.
Wilson City and Marsh Har-
bour running simultaneously
will adequately meet Aba-
co’s peak demand of 25
megawatts,” Mr Moss said.

“By hook or by crook, res-

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idents in Abaco will not be
subjected to another sum-
mer of constant outages,” he
added.

BEC CHAIRMAN Michael
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PAGE 4, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

WEBSITE
www.tribune242.com — updated daily at 2pm

Equality for women a distant goal in world

EGYPTIAN women demanding equal
rights on the 100th anniversary of Interna-
tional Women's Day were shoved by men who
said they should go home where they belong.
Congolese women asked their government to
protect them from systematic rapes, and
women in Croatia who lost their jobs accused
the government of corruption.

But the centennial anniversary of the day
established by socialist women to promote bet-
ter working conditions, the right to vote and
hold public office, and equality with men, also
was marked Tuesday by festivities including
dancing in the street in South Korea's capital
and a 10-kilometer run by some 8,000 women
in Mexico City. Super-sleuth James Bond
actor Daniel Craig got into the act — trading
his signature suit for a flowing blonde wig,
print dress, pearls and heels for a short film
marking the day that highlights the inequalities
faced by women around the world.

Speaking at U.N. headquarters in New
York, Secretary-general Ban Ki-moon recalled
that 100 years ago "gender equality was a large-
ly radical idea.”

While progress since then should be cele-
brated, he said, "We must also remember that
— in too many countries and in too many soci-
eties — women remain second-class citizens,
denied their fundamental rights, deprived of
legitimate opportunity.”

Their second-class status was evident in
Cairo's now famous Tahrir Square, which pro-
testers who succeeded in ousting President
Hosni Mubarak on Feb. 11 used as their base.
Hundreds of women — some in headscarves
and flowing robes, others in jeans — who
marched to the square to celebrate the anniver-
sary, demand equality and an end to sexual
harassment were soon outnumbered by men
who chased them out. In troubled Ivory Coast,
thousands of women defiantly marched to the
bloodstained street where seven female demon-
strators armed only with tree branches sym-
bolizing peace were brutally killed last week by
soldiers in armored personnel carriers who
opened fire.

The women had tried to march every day
since Thursday's attack but lost their nerve in
the face of an army loyal to strongman Laurent
Gbagbo who has refused to relinquish the pres-
idency to the internationally recognized winner
of the November election, Alessane Ouattara.

The women escaped attack Tuesday, but
hours later the army burst into Treichville, the
downtown neighbourhood where they
marched, and killed at least four civilians.
Reporters saw the bodies of three men and
one woman on the blood-splattered floor of a
clinic. In Congo's capital, Kinshasa, the pres-
ident's wife, Olive Kabila, joined the march
against rape, which has long been used as a
weapon of war in the country. At least 8,300
rapes were reported in 2009 but aid workers
say the true toll is much higher.

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In Croatia's capital, Zagreb, and the Adri-
atic port of Rijeka, protesters marking Inter-
national Women's Day demanded jobs and
called for the government to resign. In Manila,
demonstrators demanded justice for "comfort
women" forced into prostitution in World War
II, and in Gaza, hundreds of Palestinian women
called for an end to the rift between Hamas,
which controls Gaza, and Fatah, which con-
trols the West Bank.

Atan all-star gathering of women in Wash-
ington, U.S. Secretary of State Hillary Rodham
Clinton said women must be included in any
process of democratic reform in the Middle
East. The audience included First Lady
Michelle Obama and the female president of
Kyrgyzstan and prime minister of Australia.

Former Chilean President Michelle
Bachelet, who now heads the new U.N. agency
to promote women's rights, said the pioneering
women who launched the annual commemo-
ration would probably look at the world today
"with a mixture of pride and disappointment."

Over one million women and men took to
the streets in Austria, Denmark, Germany and
Switzerland on what was originally called Inter-
national Working Women's Day on March 19,
1911 to demand an end to discrimination.

The day became popular in Eastern Europe,
Russia and the former Soviet bloc, and even-
tually spread around the globe. In some
regions, it lost its political flavour and became
an occasion for men to express their love for
women with candy and flowers while in other
regions, women's struggle for human rights
and political and social equality remained the
focus. In 1975, during International Women's
Year, the United Nations began celebrating
March 8 as International Women's Day. Two
years later the U.N. General Assembly adopt-
ed a resolution proclaiming a day for wom-
en's rights and international peace.

Despite major progress over the last 100
years, "the hopes of equality expressed on that
first International Women's Day are a long
way from being realized," said Bachelet, who
became the first executive director of UN
Women in January.

Girls are still less likely to be in school than
boys, almost two-thirds of illiterate adults are
women, and every 90 seconds a woman dies in
pregnancy or due to childbirth-related com-
plications despite the knowledge and resources
to make births safe, she said. Women also con-
tinue to earn less than men for the same work
and have unequal inheritance rights and access
to land. Despite some high-profile advances,
Bachelet said, only 28 women are heads of
state or government and just 8 per cent are
peace negotiators. Last week, the Inter-Par-
liamentary reported that while the number of
women in legislatures reached an all-time high
of 19.1 per cent in 2010, "the target of gender
balance in politics is still a distant one.”

B (Article by Edith M. Lederer of AP).



Restraint must
be built into the
fiscal system.

LETTERS

EDITOR, The Tribune.

The fiscal policies fol-
lowed by successive govern-
ments — deficit spending,
unfunded liabilities and the
over all debt load of The
Bahamas — will eventually
become a burden for every-
one through higher taxes or
inflation, if restraint is not
built into the system.

Dr. Dan Mitchell of the
Libertarian Think Tank, the
Cato Institute

recently provided food for
thought — ideas that might
help our policy makers — in
an article that first appeared
in Investor's Business Daily

on March 4, 2011.

Pointing out that "good
fiscal policy doesn't require
miracles — or dramatic shut-
downs” but limiting the
growth of the public sector,
and coupled with normal
revenue growth, govern-
ment red ink disappears sur-
prisingly quickly.

He provides a few excel-
lent examples from around
the world:

Between 1994 and 1999
the US increased spending
only 3 per cent each year
and the result was a budget

letters@tribunemedia.net



surplus.

In the early 90's in Cana-
da, average annual increases
in government spending was
only 1 per cent. In 1992
spending was 53 per cent of
GDP and the deficit was 9
per cent of GDP.

By 1997 spending was 44
per cent of GDP. Again
after just five years, there
was a small surplus.

The story was pretty
much the same in Ireland.
Government spending was
60 per cent of GDP in 1985
with deficits consuming
another 12 per cent of the
economy's output.

After just four years of fis-
cal restraint, spending was
around 43 per cent of GDP
and deficits were reduced to
2.7 per cent of GDP.

In Slovakia they increased
their annual budget by only
1.3 per cent of GDP on
average over the three years
from 2000 to 2003 and the
public spending dropped
from 36.9 per cent of GDP
to 29.2 per cent.

With other pro-growth
policies like the flat tax and
personal retirement
accounts, economic growth
was robust. And finally:

From 1990 to 1995 New
Zealand dropped spending
from 53.5 per cent of GDP
and deficits of 4.5 per cent of
GDP down to spending of
only 43.1 per cent of GDP
and a budget surplus of 2.8
per cent of GDP.

In the US Dr. Mitchell
points out that: "Two per
cent annual spending
increases would lead to fiscal
balance by 2021.

Limiting spending growth
to 1 per cent annually would
balance the budget by 2019.

A spending freeze would
balance the budget by
2017."

So if the government
"can't cut spending", surely
the Budget can be held at
current levels in an attempt
to get the country's fiscal
house in order in the not too
distant future?

RICK LOWE

Nassau,

March 6, 2011
www.weblogbahamas.com

Demonstrations
and the rule of law

EDITOR, The Tribune.

As a trained lawyer and a
lifelong student of the con-
stitution, I fully believe in
and support the right of any-
one to hold a public demon-
stration. That right, howev-
er, is not absolute. It
depends on the demonstra-
tor observing the terms and
conditions imposed by the
law; the rights of other
members of the general
public and, of course, con-
siderations for public order
and safety.

I did not attend the recent
demonstration in the area
of Bay Street when there
was an apparent confronta-
tion between the police and

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some of the demonstrators
but I did watch portions of it
on television and read the
various print media articles.

The demonstration should
have been confined to the
northern side of Rawson
Square. The police did its
collective duty in erecting
barricades and restricting
the massing and movement
of persons away from the
immediate vicinity of the
House of Assembly. Persons
should never have been in
a position to threaten the
person of any legislator,
inclusive of the Rt Hon
Prime Minister.

It is one thing for persons
who are supposedly opposed
to the proposed sale of BTC
to Cable & Wireless but
something totally different
to them proposing, in polit-
ical and possibly violent
terms, a change of regime,
as some of the placards
seemed to suggest.

The demonstration, clear-
ly, was motivated by other
factors which must now be
addressed by the Rt Hon
Prime Minister and his
administration.

I would hope that none of
the so-called demonstrators
were induced to congregate
on Bay Street for filthy lucre

and/or some other selfish
gain. Some say that some of
the demonstrators were
bused in by various political
parties which are in opposi-
tion to the FNM. If that is
the case, I have no problem
with that. My problem
would be where there is evi-
dence to suggest that the
demonstration may have
been hijacked by political
operatives.

And so, yes, people have
the right to demonstrate but
the police and its excellent
Commissioner of Police
have the sworn duty to
uphold law and order.

They also have the duty
to ensure the safety of the
general public and the
smooth flow of traffic, no
more, no less.

If the demonstrators
opposed the proposed sale
all they and their political
allies need to do is to bide
their time until the advent
of the general elections and
do what they must do.

To God then, in all of
these mundane things, be
the glory.

ORTLAND
H BODIE JR
Nassau,
March 1, 2011.

Lent is a sacred
time of divine grace

EDITOR, The Tribune.

Ash Wednesday (March 9) marks the beginning of the sea-
son of Lent. It is a time when we fast with joy, submitting our-
selves to spiritual struggles in preparation for the sorrowful Pas-
sion and joyful Resurrection of Our Lord Jesus Christ.

What is demanded of all Christians at this time is fasting,
abstinence, restriction of personal desires and pleasures, intense
prayer, confession, and similar ascetic elements.

Lent is a sacred time of divine grace, which seeks to detach
us from things material, lowly and corrupt in order to attract us
toward things superior, wholesome and spiritual. It is a unique
opportunity to remove from the soul every inordinate passion
so as to make room for the immense rejoicing and gladness of

Easter.

Limiting ourselves to what is absolutely essential and nec-
essary in an attitude of dignified, deliberate simplicity is a for-
mula for patience and tolerance; it is an opportunity to acknowl-
edge and emphasize our need for God’s assistance and mercy,
placing our complete trust in His affectionate providence; it is

a prescription for salvation.

Let us be up and on our way.

PAUL KOKOSKI
Canada,
March 3, 2011.



THE TRIBUNE



WEDNESDAY, MARCH 9, 2011, PAGE 5

LOCAL NEWS



PLP plans to give ‘special
attention’ to Grand Bahama

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - THE PLP is
preparing to unveil its campaign
plans for the next general election in
the immediate future and intends to
give special attention to Grand
Bahama, party leader Perry Christie
said.

“We propose to unveil our
approach to the next general elec-
tion much sooner than we have done
in the past; we are about a month
from completing our works,” he said
at PLP Headquarters in Grand
Bahama on Monday.

“Tt is not going to be very long before we begin
our messaging as to what we propose to do when
we become the government of the Bahamas.”

One of the aspects the PLP campaign will focus
on is giving more attention to Grand Bahama,
Mr Christie said.

Accusing the FNM government of “gross
neglect and dereliction of duty” to the people of
Grand Bahama, Mr Christie pledged that a PLP
government would restore the island to its glory
days.

While in Freeport on Monday, Mr Christie and
several PLP MPs met with resort officials at the
Our Lucaya Resort regarding the failings at the
property.

“(We) made recommendations as what we
think must happen to give Grand Bahama a
chance to come out of this recession and get jobs
back in this economy and give the people of this
island hope of a secure future,” he said.

“We feel time is moving rapidly and we want
them to know the kind of government we will be
when we win the next general election.”

Our Lucaya Beach and Golf Resort terminated
200 workers last Friday. The resort has also closed
two of its three hotels, reducing its room invento-
ry from 1,200 to 500 rooms.

In light of global economic challenges, man-
agement stated that the lay-offs and adjustments
to the resort were necessary “in an effort to save
over 800 jobs and keep a vital Grand Bahama
island tourism product operational.”

Mr Christie said that the PLP and the FNM
administration had been aware of losses in the
island’s the tourism product.

“We feel the government must explain to the
people what they were doing, knowing that things
were rough down here and that challenges existed.



PLP LEADER
Perry Christie

“We just finished a mid-year budget
debate and the government did not
see itself fit to advise the House of
Assembly and the country that these
lay-offs were (pending).

“Is it because they did not know
or is it because they did not want us to
turn our wrath on the government for
its continual failings? The government
must explain its position,” Mr Christie
said.

The Opposition leader stressed that
Grand Bahama plays an important
role in the country.

“We will come in here and specifi-
cally focus and concentrate on this
island because this island is a critical
player in the make-up of the Bahamas. It is the
second economy of our country, and so you can-
not be neglectful with respect to this island, and we
propose to pay a lot of attention to it and to cause
government to do more.

“T don’t understand why they (Government)
are so secretive about what’s happened and still so
secretive of any plans they have with respect to this
island,” he said.

Mr Christie said the PLP is very concerned
about the failings of the Grand Bahama’s tourism
product and particularly at the Our Lucaya Resort
property.

Some of their recommendations to hotel rep-
resentatives, he said, included consideration for an
operator similar to Kerzner.

“We have also been concerned about the qual-
ity of the casino operators so we spoke to that, and
Mr Wilchcombe made recommendation of a sig-
nature event for this island to ensure we have a
healthy tourism product,” he added.

He noted that suggestions were also made con-
cerning the poor visitor satisfaction rating on
Grand Bahama.

“Hopefully those recommendations would take
root.

“As I indicated to the persons we spoke to,
unless the government sees itself as an active
partner in the enterprise of making the economy
of Grand Bahama work and making the tourism
product work, it is not going to happen and it
will have to wait until we get there (in office) to
fix.

“We are hoping that efforts would be made to
fix it before we get there, but we can give you
complete assurance that we are coming into gov-
ernment with a lot of ideas on how we should go
about bringing Grand Bahama back to its glory
days,” Mr Christie said.

“SIGNIFICANT LEADS’ IN SHOOTING INVESTIGATION

¢ POLICE are following sig-
nificant leads in their investi-
gation into the shooting of a
42-year-old woman.

The woman was at Butler
Street, Nassau Village, when a
silver Honda Inspire with four
male occupants approached her
shortly before 10pm on Mon-
day.

A man armed with a hand-
gun got out of the car and
opened fire on the woman.

The victim sustained gunshot
injuries to both thighs and was
taken to hospital by emergency
medical services where she is
listed as in stable condition.

¢ EMPLOYEES and cus-
tomers of a barber shop tackled
a teenage armed robber and
turned him over to police on
Monday.

Two employees and a cus-
tomer at the Miracle Cut Bar-
ber Shop disarmed and

Wee
ats
teed ea bay
PHONE: 822-2157

Darra ale

Santander

detained the 17-year-old man
who had entered the store
armed with a handgun.

The Farrington Road man,
described by eyewitnesses as
“light-skinned”, entered the
shop at Moore Avenue and
Palm Beach Street shortly
before 7pm and demanded
cash; however an altercation
with the employees and a cus-
tomer ensued.

As a result, the culprit, his
gun, and ammunition were
turned over to police.

Earlier that day, two men,
one of whom was armed with a
handgun, robbed the Early Bird
Supermarket.

The culprits wore blue shirts
and brown pants when they




entered the store at Robinson
Road shortly before noon.

After taking an undisclosed
amount of cash, the thugs fled
the area into the Ridgeland
Park area. Investigations into
the matter are ongoing.

e¢ A 20-year-old woman is
recovering in hospital from stab
wounds she received during a
fight with another woman.

The two women got into an
altercation at St James Road
on Monday evening. The vic-
tim received stab wounds to her
upper arm and hand around
6.30pm and was taken to hos-
pital by a private vehicle.

Police investigations are
ongoing.

Housekeeper Wanted

Live -in housekeeper wanted immediately
for family of 4 + 2 dogs. Responsibilities to
include laundry (including ironing), cooking,
cleaning and care of 2 young children.





Interested persons should contact
357-7381.

Banco Santander Bahamas International Bank Limited
Applications are invited from suitably qualified Bahamians for the following position:

ASSISTANT MANAGER —- GROUP FINANCING

Requirements:

Bachelor's Degree in Business Administration or Finance

A minimum of $ years in banking with a

a large international imetitution.

Ability to speak and write English and Spanish fluently,

Expenence in Analysis of Financial Ratios, Varance Analysis, Management
Information Systems, Forecasting, Budgeting, Accounting in the European
market and Management of Derivative Instruments.

Knowledge and working experience with all Microsoft Office applications.
Ability to evaluate financial reports sent to our Head Office, create andor
Implement oew financial reports according to Head Office guidelines and
streamline the business scpeeents.

Compensation and other benefits commensorate with qualifications and experience

Applications in writhing with details of education and experience should be addressed
to the Director of Homan Resources, Santander Bank & Trost Lid. F. 0). Box 8-162,
Naskau. Bahamas or via fax te S02 7955 not later than March 14, 2011.



POT CAKE say:

VERY CWIN STReel PAILOSO PES

THE BAHAMAS’



POLICE are asking the public’s assistance in determining the where-
abouts of 27-year-old Gary Leon who is wanted for questioning in a
murder case.

The suspect’s last known addresses are Palm Beach Street and Moore
Avenue in New Providence. He has a dark brown complexion, is 6’2” tall
and weighs around 200lbs. Leon is considered armed and extremely
dangerous.

If the suspect is seen approach with caution and contact the police at
502-9910 502-9991 or Crime Tipsters at 352-1919 or 328-8474 or the
nearest police station.

IT’S A TIME OF fox AMR PILATE
11°S AGRAND TMS

NNUAL NATIONAL
SONVENTION

March As- 20, 2011 - East Street Tabernacle
THEME: “LED BY HIS SPIRIT Poa: «:1

SPECIAL GUEST SPEAKERS & PRESENTERS: Sunday. March 20th. 2011

BISHOP CLAYTON MARTIN The Convention closes on Sunday, March
General Presbyter 20th, 2011 with the Annual Parade and

Water Baptismal Service at the Western Es-
ISO De ORYAN planade, and with the live ZNS Radio 1540

BISHOP ROBERT DAVIS AM, 810 AM and ZNS TV 13 evening broad-

State Overseer of Florida C28t service. During this service, the National

BISHOP JEFFERY DAVIS eee Bishop Dr. Elgarnet B. Rahming cu
: eliver the final message on the Convention’s
State Overseer of North Carolina Les
BISHOP TIMOTHY COALTER
State Overseer of South Carolina
BISHOP CLARENCE WILLIAMS
Overseer of The Turks & Caicos Islands

BISHOP DON BROCK
MR. ELLISON GREENSLADE

Commissioner of Police

MINISTERING IN MUSIC ARE: The National
Convention Choir, the Convention Praise
Team, Tabernacle Concert Choir, and other
Church Choirs, Praise Teams, Soloists, and
Singing Groups. The Bahama Brass Band,
Bahamas Youth and Junior Brass Bands,
and the Crusaders Brass Band will provide
special music.

Monday, March 14th, 2011
Bishop Dr. Elgarnet B. Rahming, CMG,
DD, JP, National Overseer and Modera-
tor will deliver his Annual ov Ad-

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PAGE 6, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Governor General urges

more support for Red Cross

By LINDSAY
THOMPSON
Bahamas Information
Services

AS HUNDREDS of
patrons enjoyed the food and
entertainment at the 69th
Annual Bahamas Red Cross
Society Fair last weekend,
Governor-General Sir Arthur
Foulkes underscored the
importance of the organisa-
tion in times of need.

“We are here to have fun
but even while we are enjoy-
ing ourselves, we must not
forget that the work of the
Bahamas Red Cross Society is
serious business and that this
fair is a fundraiser to ensure
that the work of the society
continues,” he told the crowd
assembled in the lower gar-
dens of Government House
on Saturday.

Disaster can strike at any-
time, anywhere and the
administrators and volunteers
of the Red Cross must always
be prepared and ready to
help, he said.

The Atlantic Hurricane
Season runs from June 1 to
November 30. However,
there are disasters such as tor-
nadoes, lightning strikes,
floods, fires and others that
leave families destitute, the
Governor-General said.

“In these emergency situa-
tions the Red Cross Society
must step into the gap,” he
said, adding that such was the





















GOVERNOR-GENERAL Sir Arthur Foulkes and his wife Joan Lady
Foulkes pose with patrons William and Lindsay at the 69th Annual Fair
of the Bahamas Red Cross Society.

case following the January 12,
2010 earthquake which
caused massive destruction to
Haiti.

Sir Arthur said that the
work of the Red Cross Soci-
ety in the community goes
unnoticed because it is “good
news which seldom, if ever,
makes the headlines in the
daily papers or talked about
on the radio or seen on tele-
vision.”

Some of the programmes
undertaken by the Red Cross
Society are:

e Meals on Wheels, daily

Mrs. Annie B. Ralston
Sunrise: October 16, 1939
Sunset: March 9, 2001












Dear Mom,

As long as there is time,
I will love you.Jf I had to count the
ways I love you, the mumbers
would stretch around this world
but never end. There is no need for
counting or explanations, no play
of eloquent fancy words. What
counts is that you Rnow it exists
and is straight from the heart — the
kind that will never end. I love you
more than anything in the world




















and WUISS

dearly.
Love Kyla

you

hot meals are delivered to the
shut-ins and disabled

e Fresh milk is provided to
school children on the Family
Islands

e Medical equipment such
as wheelchairs, walkers,
crutches and hospital beds are
made available for minimal
rental fee

e The society’s trained vol-
unteers provide first aid and
ambulance services at nation-
al events, sports meets, road
races and other functions.

The Bahamas Red Cross




SIR ARTHUR FOULKES, Gover-
nor-General, officially opens
the 69th Annual Fair of the
Bahamas Red Cross Society in
the lower gardens of Govern-
ment House on Saturday.

was organised by the govern-
ment as a national society
through a Bill passed in Par-
liament on June 23, 1975. Its
mission is to prevent and alle-
viate suffering wherever it
may be found; to protect life
and health and ensure respect
for human beings; to work for
the prevention of disease and
the promotion of health and
social welfare; to train per-
sonnel and encourage volun-
tary service; and to act as a
channel for collecting money
and goods donated by the
public for the sick and suffer-
ing.



gave $2.5 million to the College of the Bahamas to fund the pur-
chase of furniture, fixtures and equipment for the new Harry C
Moore Library and Information Centre.

THE Lyford Cay Foundations (LCF) announced that their
Gifts and Grants Committee is currently accepting applica-
tions from Bahamian non-profit and charitable organisations
who wish to apply for an award.

The Foundations have so far disbursed more than $15 million
to dozens of local non-profit groups to date, LCF officials said.

Grants generally range from $5,000 to $25,000. On occa-
sion, substantially larger grants have been approved and special
fundraising efforts undertaken.

This year, the initiative is particularly interested in receiving
applications for projects in the following areas: education and
literacy; after-school programmes; youth summer camps and
activities; environmental protection; health care and care facil-
ities; mental health programmes; feeding centres; parenting
skills training; crime prevention and Family Island programmes.

“The Foundations do not normally make direct gifts to sup-
port expenses incurred by other endowments, places of worship
or government agencies (such as construction or administrative
costs), but will fund qualifying philanthropic community pro-
grammes run by these organisations. It does not make awards
to individuals or to cover personal medical expenses,” LCF
officials said.

When considering applications, the committee favours: Spe-
cific programmes over general ones

¢ Existing programmes over start-ups

¢ Requests to fund capital costs rather than operating costs

¢ Tangible needs, for example equipment, physical repairs,
building projects.

¢ Programmes that will benefit the Family Islands

The remaining application deadlines for 2011 are:
e April 1 to be considered by June 1
¢ October | to be considered by November 30

For full details on the application process and application
forms, persons are asked to please visit www.lyfordcayfoun-
dation.org.

Bahamas aviation chief to chair international body

FORT LAUDERDALE,
FL - The Chief Aviation Spe-
cialist for the Bahamas has
been named chairman elect of
International Federal Partners’
Federal Pavilion for the pre-
mier aviation event, EAA Air
Venture Osh Kosh, which takes
place this year in Osh Kosh,

WI, July 25-31.

Mr Greg Rolle, head of the
Aviation Department for The
Bahamas Ministry of Tourism
and Aviation, has accepted the
position to chair the prestigious
aviation group that includes,
the United States, Canada and
The Bahamas. When Mr Rolle

PRIME OFFICE SPACE

starts his chairmanship at the
conclusion of this year’s show,
he will serve in the post for two
consecutive years. He will
assume the reins from current
IFP chairman, Aaron Sauer, a
Senior Air Safety Investigator
with the US National Trans-
portation Safety Board.

“Tt will be my privilege to
serve as the chairman of the
IFP,” Mr Rolle said on accep-
tance of the position, adding,
“T will do my utmost to use my
skill set, abilities and talents to
ensure that the Federal Pavilion
continues to prove to be an
effective arena for the private
pilot to be educated, enlight-
ened and provided with up-to-
the minute procedural and oth-
er information necessary for a
seamless crossing of the bor-
ders.” The aviation executive
noted that “over the years, the
islands of the Bahamas have
benefited greatly from our
mutual relationship, and it is



GREG ROLLE, head of the

Aviation Department for

The Bahamas Ministry of
Tourism and Aviation



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my belief that acting in the
capacity as chairman of the IFP,
will add depth to our partner-
ship.”

The prestigious honour
means that Mr Rolle will be the
chair of a body that plays a
major role at the Annual EAA
Air Venture Expo, which
attracts hundreds of thousands
of aviation enthusiasts annual-
ly from across the globe.

“We (International Federal
Partnership) are honoured to
have you representing the
Bahamas to serve as chairman
for the upcoming years,” chair-
man Sauer said while welcom-
ing Mr Rolle to his position.
“We appreciate your service
and all the years you have ded-
icated to the IFP and The
Bahamas representation at Air
Venture.”

US Federal Agencies and
Canadian Government depart-
ments in 1990 began partici-





arbour Bay
394-5767



pating together at the EAA Air
Venture in Osh Kosh, Wiscon-
sin and came to be known as
the International Federal Part-
nership.

In 1998, the Bahamas with
its Civil Aviation departments
joined the group. The IFP
annually contracts with EAA
for a massive 21,000 square foot
hanger — The International
Federal Pavilion — and from this
space the member countries
with their various government
agencies and departments, dis-
play exhibits as well as provide
booths with information.

The Chairman of the IFP is
responsible for facilitating the
collective efforts of the mem-
bers in achieving the Partner-
ship’s goals. Duties of the chair
include, facilitating meetings
and teleconferences of the
group; facilitating staff meet-
ings and special engagements
during the week of Air Ven-
ture and mediating differences
that may arise between the
members to the extent that the
differences affect the Partner-
ship.

Mr Rolle is a veteran Min-
istry of Tourism employee who
has been with the organisation
for some 25 years. During his
years with the ministry, he has
served in various capacities,
including Director of Bahamas
Sports Tourism. A licensed pri-
vate pilot, Mr Rolle returned
to the leadership position of
tourism’s aviation department
in 2008. Under his recent lead-
ership, the Bahamas has
stepped up its marketing initia-
tives against the lucrative avia-
tion market. Signature pro-
grammes include Bahamas Pre-
ferred (FBO) Gateways,
Bahamas Flying Ambassadors,
and Bahamas Day. The inven-
tive strategies being undertaken
by the country’s aviation
department, has thrust the
Bahamas into the spotlight of
the International aviation are-
na.



THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 7



LOCAL NEWS
7 SEE Ay i

NEMA workshop
flevelops tsunami
warning protocol

THE National Emergency
Management Agency
(NEMA) hosted a two-day
workshop to formulate a
tsunami and other coastal
hazards warning system pro-
tocol for the Bahamas.

Captain Stephen Russell,
director of NEMA, stressed
the importance of the coun-
try having in place an early
warning system in the event
of a tsunami or any other
coastal event.

The protocol will be pre-
sented to Cabinet for
approval and implementa-
tion.

“The thing is we want to
notify the Bahamian public
as soon as possible, as the
Bahamas is challenged

because of its geographical
location,” Captain Russell
said.

He said he was delighted
the Caribbean Disaster
Emergency Management
Agency together with the
Australian government
(AusAID) as sponsor was
able to stage the workshop
series being conducted
throughout the Caribbean.

Hazards

Dr Virginia Clerveaux,
senior programme officer,
said it was a pleasure for
CDEMA to be a part of the
workshop that seeks to
enhance the capacity of its



PARTICIPANTS COMPLETED a two-day workshop to formulate a tsunami and other coastal hazards warning system protocol for the
Bahamas at the Royal Bahamas Defence Force Base at Coral Harbour. The workshop was hosted by the National Emergency Management Agency.

participating states to work
towards better management
of both natural and techno-
logical hazards, but specifi-
cally of tsunami hazards.
The workshop provided
participants an opportunity
to revisit disaster risk man-
agement strategies; share

Road work commences on Fox Hill
Road and Prince Charles Drive

ROAD work on Fox Hill Road and Prince
Charles Drive have commenced.

The work includes installation of a 24-inch
water main from Fox Hill Road and Prince
Charles Drive in the east to the junction at
Baillou Hill and Robinson Road that is
expected to improve water quality. Drainage
utilities are also being installed.

Charlene Collie, project engineer with the
Ministry of Public Works and Transport, said:
“Work on the northern verge of Fox Hill Road
and Prince Charles junction has begun. The
work will eventually lead into full road clo-
sure as we install the 24-inch water main.”

The closure will not take place immediately,
but as the work progresses it will eventually
lead into a full closure that is expected to last
for a short duration.

During the closure motorists are advised to
divert through Sea Breeze and Fox Hill Road
travelling the route along Bernard Road.

“We ask the public to exercise patience as
we go through the construction phase,” said
Ms Collie. “It should not be for more than
four weeks as we are trying to install at least
approximately 300 ft of the 24-inch water
main.’

Workmen are also busy installing approxi-
mately 1,500 ft of the 24-inch water main at St
Michael's Road on the western end of Prince
Charles Drive.

“We're progressing with installation of over
300 ft per week that equates to five weeks,”
said Ms Collie.

The works are a part of the government’s
$120 million contract for the New Providence
Road Improvement Project.



CHARLENE COLLIE, project engineer with the Min-
istry of Public Works and Transport, advises the
public to be patient as they traverse the Fox Hill
Road and Prince Charles Drive area where road
works are in progress.

Patrick Hanna/BIS

WAREHOUSE SALE

Dates: Wednesday to Friday, March 9", 10", and 11", 2011

Place: Security Storage Limited, Nassau Street

Opposite Western Cemetery Parking Lot

Time: 10:00am — 4:00pm

Office Furnitures and Machines

Computers and Computer Equipments

Filing Cabinets
Stationeries

Limited amount of Home Furnitures

Other Supplies and Miscellaneous

ALL ITEMS WILL BE SOLD AS IS.

THE GENERAL PUBLIC
IS INVITED



best practices and lessons
learnt from a cross-spectra
of projects, programmes and
policies; and an opportunity
to highlight the critical
importance of building
resilience to disaster risk in
the communities.

Participants comprising
representatives of NEMA’s
emergency support function
groupings were able to pro-
ject their input into a model
from the Turks and Caicos
Islands protocol, and adapt
it to fit the Bahamas, should
the country be faced with a
tsunami or storm surge; and
formulate specific strategies
to educate the public at
large on the importance of
being prepared and where
to “find the highest point”
once the warning has been
sounded.

A session also dealt with
the role the media plays in
informing the public
through various means such
as television, radio and the
newspapers.

It was concluded that the
mass media has “a funda-
mental role” to play in mak-
ing disaster risk reduction
efforts successful.

Course Description:

From CDEMA’s perspec-
tive, the workshop also pro-
vided an “important oppor-
tunity and platform which
allows us to build on
alliances that have already
been forged towards a col-
lective vision for the reduc-
tion of disaster risk and pro-
motion of sustainable liveli-
hoods, economic and social
progress particularly within
our coastal communities
which has been the dispro-
portionate focus of our eco-
nomic and social activities
as well as infrastructural
development,” Dr
Clerveaux said.

Region

During her presentations,
she highlighted aspects of
the disaster risk profile of
the Caribbean region, which
is largely comprised of small
island developing states
(SIDS) located within an
active seismic arc.

The impact of disasters on
these states leave massive
destruction and overpower-
ing evidence of how poor
planning and investment

Photo/NEMA

decisions contribute to vul-
nerability and increase the
risk of future disasters, she
noted.

Scientific data has docu-
mented evidence of giant
waves throughout the
Caribbean from as early as
1629.

The NOAA Geophysical
Data Centre reports that the
Caribbean Basin has had
eight per cent of the world’s
tsunami events and the Indi-
an Ocean seven per cent;
taking into account the
December 2004 tsunami
which killed more than
250,000 people.

“Experience has shown
that the most effective
response mechanisms to dis-
aster loss reduction has
proven to be a dynamic,
multi-level management
arrangement in which
national, regional, govern-
ment and non-government
actors work together in a
timely, effective and mutu-
ally-enhancing way,” Dr
Clerveaux said.

The seminar was held
March 3 - 4 at the Royal
Bahamas Defence Force
Base at Coral Harbour.

journer-

ouglass (_ollege

“Bringing Opportunity to the Community”

A Master Class Series

Beginning March 2011 - 2% Day Master Class in
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Tectiniques for assisting siudents to develop
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PAGE 8, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Propaganda and the pending BIC privatisation

By LARRY SMITH

AND now class, today we
are going to talk about propa-
ganda. Does anyone know what
the word means?

It derives from the Latin for
propagate, which means to mul-
tiply, reproduce or transmit. In
this case, we are talking about
spreading information.

What kind of information?
Well, that is often hard to say.
The key point to remember is
that the information being pre-
sented will have an agenda.
And in order to judge the value
and quality of the information,
you need to determine what
that agenda is.

In a nutshell, propaganda
uses loaded messages to pro-
duce an emotional response in
support of an often hidden
objective. And ever since the
1930s (when German and Sovi-
et propaganda promoted state-
sponsored genocide) the term
has acquired a strong negative
meaning — for good reason.

Journalists are supposed to
be trained to give their audi-
ences a reasonably accurate
background and analysis of the
subject at hand. Advertisers use
an overt form of propaganda
to persuade people to buy their
products or services. Public
relations lies somewhere in
between, often presenting itself
as journalism in support of a
proprietary theme, which is not
necessarily nefarious.

What sets propaganda apart
more than anything else is that
it seeks to influence public
opinion through deception and
confusion, rather than by
encouraging genuine under-

standing.
According to Nazi Propa-
ganda Minister Joseph

Goebbels, "The most brilliant
propagandist technique will
yield no success unless one fun-
damental principle is borne in
mind constantly — it must con-
fine itself to a few points and
repeat them over and over."
What points instantly spring
to mind in the local context?
No turning back (to white rule);

stop, review and cancel (good
economic initiatives); Hubert
“the dictator” Ingraham; sell-
ing our birthright (to white for-
eigners), the plantation econo-
my (enslaves blacks).

But it's not just about repet-

itive slander. As British
wartime propagandist (and lat-
er cabinet minister) Richard
Crossman said: "The art of pro-
paganda is not telling lies, but
rather selecting the truth you
require and giving it mixed up
with some truths the audience
wants to hear."

This is what we are seeing
today with the (currently) one-
sided debate over the pending
privatisation of BTC.

Let's look at the recent con-
structs of a massive conspiracy
to corruptly engineer the sale
of BTC against the interests
and wishes of the Bahamian
people. Evidence for this is said
to rest on a series of conflicts of
interest, and was recently given
credence by retired Tribune
journalist Nicky Kelly, who now
writes a column for the Punch.

"One has to ask why the PM
is SO motivated to pursue a deal
that is so suspect, and the
machinations of its participants
so obvious, that they exhaust
credulity," Kelly wrote.

In this view, a small group of
unrelated people began mov-
ing chess pieces years ago to
achieve the present result — the
sale of half of BTC to Cable &
Wireless Communications,
within a regulatory environ-
ment developed and controlled
by former CWC employees.

The inference is that the plot
was hatched by CWC, with the
support of leading Bahamian
politicians and technical advi-
sors, to save its future
Caribbean business prospects.
Or maybe it was the other way



round, and our top politicos and
bureaucrats simply planned to
enrich themselves from CWC.
In either case, the full back-
ground to the story is largely
ignored and a massive corrupt
scheme is offered as the obvi-
ous reality. The clear agenda is
to derail the privatisation of
BTC, both for political gain and
to protect vested interests.

The full background to the
story includes the fact that there
were no less than three public
bodies responsible for decision-
making — the cabinet, the pri-
vatisation advisory committee,
and the privatisation working
committee. There were also
two sets of financial advisors —
KPMG Bahamas and CITI, a
major international bank — as
well as two legal advisors —
Charles Russell, a British firm
specialising in communications
law (which also advised the
Christie administration on reg-
ulatory reform), and local law
firm Higgs & Johnson.

In short, there were signifi-
cant checks and balances. And
with so many separate groups
of advisors it would be very dif-
ficult for a specific conflict of
interest to flow through to a
final sale. It also has to be
acknowledged that the goal of
liberalising the communications
sector and finding a major
strategic partner for BTC has
been the accepted policy of
both major parties for years —
even more so in the case of the
FNM, which launched the
process in 1998.

And what about those con-
flicts of interest that have been
selectively ignored by the con-
spiracy theorists. Conflicts like
the participation of some of the
major antagonists in the cur-
rent debate in the earlier sale
that was agreed by the Christie

JTS ULE)

Yesterday's Question

What charitable group is facilitating the
building of the Zion Children's Home in
Current Island’?

Yesterdays Answer

The Bahamas Conference of the
Methodist Church

Yesterdays Winners

Melonie Inniss
Shelton Miller
Crystal Clarke

Click the ‘Like’ button on the Tribune News Network

dpts
2i1ts
Ipt



A PROTEST agalnst the pending sale of BTC.

administration with Bluewater
Ventures — a foreign firm with
uncertain ownership and no
operating history.

It has been suggested that
some of them were heavily
involved when that deal went
down — together with some of
the leaders of the same unions
that are now so critical of the
current process. What chess
pieces were these players mov-
ing?

The Christie administration
cancelled the original privati-
sation process launched by the
FNM after rejecting existing
bids, and then proceeded to
negotiate solely with Bluewa-
ter from 2005 until the general
election in May 2007. How is
this any different from the
Ingraham administration reject-
ing bids received in the current
process, and then talking to
CWC?

And let's not forget to take
into account the stark contrast
between Bluewater, an
unknown private equity firm,
and CWC, a major internation-
al telecoms provider with a long
and publicly reported back-
ground in the field.

In fact, almost all of the bid-
ders for BTC throughout this
long and complicated process
were private financiers who saw
an opportunity to make money.
Digicell and CWC are the most
obvious telecoms buyers in the
region, but Digicell (which
decided not to bid in the last
auction) is purely a cellular
operator. CWC is one of the

few entities that does every-
thing BTC does throughout the
region and has a strategic rea-
son to invest for the long-term.
And since CWC has been inter-
ested in the Bahamas for the
last 15 years, how can it sud-
denly be suspicious when they
step up to the plate?

It is easy to research a large
global business like Cable &
Wireless, which may have prob-
lems in some areas but a very
healthy balance sheet overall.
In fact, CWC is a leader in all
regional markets except
Jamaica where they are second.
It should also be noted that,
although declining to partici-
pate in the most recent auction
due to an internal reorganisa-
tion, CWC eventually went
through the same entry process
as all other bidders.

As for the terms of the CWC
agreement, it is a fact that all
the bidders required BTC's
unfunded pension deficit to be
covered by government —
including Bluewater. How can
this now be "repugnant" to the
PLP, when they agreed to pay
off the full deficit and close the
pension plan entirely. I would
suggest that there is no busi-
ness in the world where
employees make zero contri-
butions to their own pensions
while the employer pays 20 per
cent of salaries into a fund. This
obviously has a huge impact on
BTC's value.

It is also true that all the bid-
ders — including Bluewater —
demanded a management fee

in their plans, something which
some commentators find egre-
gious. The rationale for the fee
that was eventually agreed is
that CWC brings a lot of added
value to BTC in terms of tech-
nology and intellectual proper-
ty, which will significantly ben-
efit the other shareholder. This
is normal practice where a
minority partner is involved,
and industry benchmarks are
used to set the fee scale.

Clearly, connecting the dots
selectively amounts to spout-
ing propaganda. It does nothing
to help people reach a genuine
understanding of the issues.
This is known as pinpointing
the enemy — simplifying a com-
plex situation by presenting a
specific group or person as the
enemy in a clear-cut choice
between right and wrong. And
the better informed you are,
the less susceptible you will be
to this type of propaganda.

One of the worst allegations
in this saga was made recently
by PLP Chairman Bradley
Roberts (who was the minister
responsible for BTC in the
Christie administration). He
accused current BTC chairman
Julian Francis of a corrupt con-
flict of interest in awarding to
Providence Advisors (a finan-
cial services company which
Francis also chairs) a lucrative
contract to manage part of the
BTC pension fund.

“As a result of this contract
that Julian Francis awarded to
himself, he positioned himself
and Providence Advisors Ltd
to be paid in excess of $400,000
per annum for the past 3 years,”
Roberts said. "The PLP calls
for Julian Francis’ immediate
resignation and for the police
to commence investigations..."

The facts are that efforts to
place BTC pension funds with
local investment managers
began in 2006 under the
Christie administration, when
Greg Bethel was BTC chair-
man and also president of
Fidelity Bank & Trust — one of
the firms chasing the business.

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THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 9





FROM page eight

Providence, headed by Ken-
wood Kerr, was also invited to
bid, and was eventually
approved (along with Fidelity
and CFAL) in a process guided
by the accounting firm of
Deloitte & Touche.

The actual contract was not
executed until after the 2007









1. VENICE BAY ANNEX
LOT NO. 12 Block 2
PROPERTY DESCRIPTION:
Triplex Apartment Building
PROPERTY SIZE: 9,806 sq. ft.
LOCATION: Travelling south
along Bacardi Road from
Carmichael Road, take the 1st

Propaganda

general election, and Francis
(who is not a Providence share-
holder) had nothing to do with
choosing the investment man-
agers. And Providence's fees
over the past two and a half
years were less than $350,000.

Statements from political



2. WESTLAKE ROAD
LOT NO. 8
PROPERTY DESCRIPTION:
Single-family Residence
PROPERTY SIZE: 43,615 sq. ft.
LOCATION: Traveling west along
Adelaide Road from Coral
Harbour Roundabout; take the

operatives and unsupported
extrapolations by sympathetic
or thoughtless journalists are
not the only forms of propa-
ganda we must watch out for.
There are also those entities
which pose as legitimate news
media. While party newspapers
or radio broadcasts may be eas-
ily identified and their infor-
mation taken with a grain of
salt, some propaganda outlets

try to disguise their true nature
to fool an audience into believ-
ing they are presenting valid
information.

The current prime example
locally is the online propaganda
outlet known as Bahamas
Press, which refuses to even
acknowledge that it is financed,
owned and operated by real
people, although it classifies
itself as a "leading news web-

. WEST STREET
LOT NO. 2
PROPERTY DESCRIPTION:
Single-family Residence
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: The subject
property is located on the
western side of West Street;

site." An anonymous respon-
der claimed the site is owned
"by the people of the
Bahamas.”

As George Orwell wrote in
his novel 1984, "the process (of
mass-media deception) has to
be conscious, or it would not
be carried out with sufficient
precision, but it also has to be
unconscious, or it would bring
with it a feeling of falsity and

LISTINGS

DEVELOPED RESIDENTIAL & COMMERCIAL

. WINTON MEADOWS ESTATES

SUBDIVISION
LOT NO. 115

PROPERTY DESCRIPTION:

Single family Residence
3 beds / 2 baths

PROPERTY SIZE: 8,000 sq. ft.
LOCATION: Traveling east on

hence of guilt.”

Of course, now that I have
waded into the propaganda
swamp, I must be part of the
conspiracy, right? Well, now
you can make the call.

What do you think?
Send comments to

larry@tribunemedia.net
Or visit www.bahamapundit.com








































































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corner on the right after the
entrance to the former Bacardi
Company and then head west.
The subject property is the

4th building on the right, grey
trimmed white.

Multi/Single Family Lot
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: From Carmichael
Road, turn through the corner by
Geneva Brass Seafood and then
take the 3rd corner on the left. The
vacant property is located on the
left, towards the end of corner.
APPRAISED VALUE: $70,000

. BLUE HILL ROAD SOUTH

LOT NO. 4 unnamed subdivision
PROPERTY DESCRIPTION:
Single-family Lot

PROPERTY SIZE: 5,597 sq. ft.
LOCATION: Travel south along
Blue Hill Rd. from Cow Pen Rad.
take the 1st corner on the right,
subject property is the 3rd lot on
the right.

APPRAISED VALUE: $67,000

. CAMPERDOWN PHASE TWO

LOT NO. 4

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 13,873 sq. ft.
LOCATION: The subject property
is located on Forest Drive, off
Camperdown Drive

APPRAISED VALUE: $210,000

. CARMICHAEL ROAD

LOT NO. 2 of Crown Allotment #35
PROPERTY DESCRIPTION:

Multi / single-family Lot
PROPERTY SIZE: 11,625 sq. ft.
LOCATION: The vacant property is
located west of McKinney Avenue.
APPRAISED VALUE: $116,000

. CARMICHAEL ROAD

LOT NO. Parcel “A”

PROPERTY DESCRIPTION:
Multi/ Single-family lot
PROPERTY SIZE: 4,650 sq. ft.
LOCATION: Traveling west on
Avacado Road from Faith Avenue,
take the 1st graveled corner on the
left, the property is the 2nd lot on
the left.

APPRAISED VALUE: $51,000

. CARMICHAEL VILLAGE

SUBDIVISION

LOT NO. 4 and 5 - part of Crown
Allotments 21 and 22 Grant A8-50
PROPERTY DESCRIPTION:
Single Family Residential Lot
PROPERTY SIZE: each 6,960 sq. ft.
LOCATION: The vacant properties
are bounded west of Golden Isles
Road and south of Carmichael
Road.

APPRAISED VALUE: $139,000

. CORAL BREEZE ESTATES

SUBDIVISION

LOT NO. 52

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located in Coral Harbour.
APPRAISED VALUE: $100,000

APPRAISED VALUE: $449,000



11

1st corner on the left past
Oasis. Head south along

Westlake Road. The subject
property is the 8th house on

the left.

about 70 feet north of Meeting

Street.

APPRAISED VALUE: $162,000

APPRAISED VALUE: $1,056,000

1. ALLEN DRIVE 8. CORAL BREEZE ESTATES
LOT NO. 2 SUBDIVISION
PROPERTY DESCRIPTION: LOT NO. 58

PROPERTY DESCRIPTION:
Multi-family Lot

PROPERTY SIZE: 7,500 sq. ft.
LOCATION: The vacant property
is located in Phase -1 of Coral
Breeze Estates.

APPRAISED VALUE: $101,000

. COW PEN ROAD

LOT NO. 1

PROPERTY DESCRIPTION:
Commercial Development lot
PROPERTY SIZE: 4,986 sq. ft.
LOCATION: Travelling west along
Cow Pen Road from Silver Gates
Drive; head to the 1st graveled
road on the left. The vacant
property is the 1st lot on the west.
APPRAISED VALUE: $70,000

10. ENGLERSTON SUBDIVISION

LOT NO. 21 Block 25

PROPERTY DESCRIPTION:
Single/ Multi-family Lot
PROPERTY SIZE: 5,360 sq. ft.
LOCATION: Travelling east along
Cordeaux Avenue from East Street,
take the 3rd corner on the left
(Miami Street} and head north. The
vacant property is the 3rd lot on
the right.

APPRAISED VALUE: $48,000

. EVANSVILLE SUBDIVISION

LOT NO. 23

PROPERTY DESCRIPTION:
Single/Multi-family lots
PROPERTY SIZE: 7,337 sq. ft.
LOCATION: Travel west along
Carmichael Rd. from Unison Rd.
take the 6th corner on the left.
Heading south pass the 3rd
corner on the left. The subject
property is the 2nd lot on the left.
APPRAISED VALUE: $88,000

12. FOX HILL SUBDIVISION

LOT NO. Parcel #1 and #2
PROPERTY DESCRIPTION:
Multi-family lots

PROPERTY SIZE: Parcel #1 -
4,199 sq. ft. #2 - 3,348 sq. ft.
LOCATION: Traveling north along
Grant Street from Dorsett Street,
the subject properties are the 3rd
and 4th lots on the left.
APPRAISED VALUE: $61,000
combined

13. GAMBLE HEIGHTS SUBDIVISION

LOT NO. 29Section 3
PROPERTY DESCRIPTION:
Multi/ Single-family lot
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Traveling south

on Baillou Hill Road, passing
Carmichael Road, take the 3rd
corner on the left, Sunrise Road
opposite St. Vincent Road.Heading
south on Sunrise Road, take the
4th corner on the left, the subject
lot is the 6th on the right.
APPRAISED VALUE: $60,000



14. HAROLD ROAD HEIGHTS



LOT NO. 15

PROPERTY DESCRIPTION:
Single/ Multi-Family Lot
PROPERTY SIZE: 9,096 sq. ft.
LOCATION: The subject property
is located on the northern side of
a road reservation about 100 feet
south of Gerald’s Street.
APPRAISED VALUE: $73,000

15. KOOL ACRES SUBDIVISION

LOT NO. Parcel of Land
PROPERTY DESCRIPTION:
Multi-family lot

PROPERTY SIZE: 7,000 Sq. ft. .
LOCATION: Traveling west on
Lumumba Road from Fox Hill
Road, take the 6th corner on the
right (Adderley Close). The subject
property is the 4th lot on the left.
APPRAISED VALUE: $84,000

16. LAKE VILLANESS SUBDIVISION

LOT NO. 105

PROPERTY DESCRIPTION:
Single / Multi-family Lot
PROPERTY SIZE: 14,400 sq. ft.
LOCATION: The vacant property
is located in Lake Villaness approx.
2,730 feet west of Gladstone
Road.

APPRAISED VALUE: $79,000

17. POLHEMUS GARDENS

LOT NO. 15 (Northern half)
PROPERTY DESCRIPTION:
Multi/Single-family lot

PROPERTY SIZE: 7,804 sq. ft.
LOCATION: Travel west along
Boyd Rd. from Nassau St. take the
ist corner on the right Bunttings
avenue, subject property is the 2nd
lot on the left.

APPRAISED VALUE: $78,000

18. POLHEMUS STREET

LOT NO. 3

PROPERTY DESCRIPTION:
Single-family Residential lot
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: On the northern side
of Polhemus St. about 240 feet
east of Nassau St.

APPRAISED VALUE: $50,000

19. RAHMING COURT SUBDIVISION

LOT NO. 5

PROPERTY DESCRIPTION:
Multi-family lots

PROPERTY SIZE: 5,502 sq. ft.
LOCATION: Situated in Rahming
Court, located on the southern
side of Bernard Road.
APPRAISED VALUE: $66,000

20. ROCKY PINE ROAD

LOT NO. Parcel of Land Portion of
Crown Grant A5-23

PROPERTY DESCRIPTION:
Multi-family Lot

PROPERTY SIZE: 13,406 sq. ft.
LOCATION: On the western side
of Ismae Drive - 170 feet south of
Rocky Pine Road.

APPRAISED VALUE: $150,000

21. SOUTH OCEAN ESTATES

Prince Charles Drive, from

Culberts Hill; take the 1st

corner on the right. Heading

south, take the 2nd corner on
the right. The subject property
is the 4th house on the left.



SUBDIVISION

LOT NO. 6 Block 7

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 11,738 sq. ft.
LOCATION: Travel south of Lyford
Cay immediately pass Mount
Pleasant; take a left onto South
Ocean Boulevard to new South
Ocean Estates. The vacant lot is
property number 6 in block 7.
APPRAISED VALUE: $155,000

22. TWIN LAKES SUBDIVISION

LOT NO. 3, Block 28

PROPERTY DESCRIPTION:
Single/Multi-Family Lot
PROPERTY SIZE: 12,600 sq. ft.
LOCATION: Traveling south along
Skyline Drive from West Bay
Street, take the 4th corner on the
right (entrance to Twin Lakes).
Heading west take the 1st corner
on the right. The subject property
is the 3rd lot on the left.
APPRAISED VALUE: $158,000

23. VICTORIA GARDENS

SUBDIVISION

LOT NO. 7

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Travelling south on
Gladstone Road from JFK Drive,
enter Victoria Gardens main
entrance (1st corner left) and head
east. At the ist cross road, turn
left. The vacant property is the 2nd
lot on the left.

APPRAISED VALUE: $72,000

24. VICTORIA GARDENS

SUBDIVISION

LOT NO. 8

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,588 sq. ft.
LOCATION: Travelling south on
Gladstone Road from JFK Drive,
enter Victoria Gardens main
entrance (1st corner left) and head
east. At the ist cross road, turn
left. The vacant property is the 3d
lot on the left.

APPRAISED VALUE: $79,000

25. VICTORIA GARDENS

SUBDIVISION

LOT NO. 168

PROPERTY DESCRIPTION:
Single-family Residence under
construction

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located on the northern

side of a road reservation about “4
mile east of Gladstone Road.
APPRAISED VALUE: $90,000

INTERESTED PARTIES SHOULD SUBMIT OFFERS INCLUSIVE OF TELEPHONE CONTACT AND POSTAL ADDRESS TO: CB DISTRESSED PROPERTIES,
CREDIT RISK MANAGEMENT DEPARTMENT, P.O BOX SS-6263, NASSAU, BAHAMAS OR EMAIL US AT: DISTRESSED.PROPERTIES@COMBANKLTD.COM.

APPRAISED VALUE: $287,000

VACANT LOTS

26. VILLAGE CHILCOTT



ALLOTMENT

LOT NO. 14

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 4,972 sq. ft.
LOCATION: Travelling south along
Kemp Road, pass the intersection
(Parkgate Road), take the 1st
corner on the left (Hamilton Street).
The vacant property is the 2nd lot
on the left.

APPRAISED VALUE: $50,000

27. WEST WINDS SUBDIVISION

LOT NO. 363

PROPERTY DESCRIPTION:
Duplex Lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located in the area known as “Love
Beach” in the Western District of
New Providence.

APPRAISED VALUE: $95,000

28. WEST WINDS SUBDIVISION

LOT NO. 220

PROPERTY DESCRIPTION:
Multi/Single-family Lot
PROPERTY SIZE: 9,281 sq. ft.
LOCATION: Enter the subdivision
from Windsor Field Road to the
t-junction, and then take a left, the
lot is the 2nd on the left, on the
easern side of Kingfish Road.
APPRAISED VALUE: $176,000

29. YUMA ESTATES SUBDIVISION

LOT NO. “C”

PROPERTY DESCRIPTION:
Single/ Multi-family lot

PROPERTY SIZE: 7,268 sq. ft.
LOCATION: Travelling west along
West BayStreet from Blake Road,
take the 4th corner on the left
(Kiskadee Drive) and head south -
passing over the hill - turn thru the
1st corner on the left (entrance to
Yuma). Head to the T-junction and
turn left onto Sanctuary Circle. The
vacant property is the 3rd lot on the
left.

APPRAISED VALUE: $102,000

SERIOUS ENQUIRIES ONLY. PLEASE CALL 502-6132, 502-6109 OR 502-6146 FOR FURTHER INFORMATION.

* WE RESERVE THE RIGHT TO REJECT ANY OR ALL OFFERS.





PAGE 10, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



LOCAL NEWS



FROM page one

Police have classified Mr
Johnson’s death as the island’s
first homicide for 2011.

Although police have not yet
released the identity of the
island’s second homicide, the
victim is believed to be Patrick
Russell, 42, of Lewis Yard.

According to reports, some-
time around 11.50pm on Mon-
day, police received reports of

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She said initial reports
revealed that at 11.45pm the
victim was sitting in his vehicle
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Weddell and Bruce Avenues
when occupants in another
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to assist, but the victim had
already died of his injuries.

He was taken to the Rand
Memorial Hospital and pro-
nounced dead by doctors.

Almost 24 hours prior to the
shooting, police were investi-
gating a stabbing that occurred
at Club Rock ’n Roll in the
International Bazaar sometime
around 1.05am on Sunday.

On arrival at the scene, offi-
cers saw a young man, identi-
fied as Tamaro Johnson, lying
on the ground with multiple
stab wounds in his upper body.

According to initial reports,
Johnson was involved in a fight
at the club when he was
injured.

He was taken by ambulance
to Rand Memorial Hospital,
where he was admitted to the
Intensive Care Unit.

ASP Mackey said police
received information that John-
son had died of his injuries in
hospital on Monday.

No arrests have been made,
and police are asking anyone
with information to come for-
ward.

FROM page one

to get us nowhere fast.”

“This is a government of
infrastructure not of people, of
things not of brotherly love, of
all things foreign and not of
things Bahamian. They are for
the imprisonment of the
Bahamian spirit, not for the
empowerment of the Bahamian
spirit. This government is for
the enrichment of a few at the
detriment of the many,” he
said.

Senator Michael Halkitis said
the government is planning to

FROM page one

to Cable and Wireless. We call on the govern-
ment to cease and desist. The PLP will upon
coming to office move to regain the majority
shares forthwith from Cable and Wireless if the

sale goes through.

“The PLP believes in a share owning democ-
racy and will sell shares in BTC in tranches to the

Bahamian people.

The PLP will allow competition and will lib-
eralize the telecommunications market. That is
the PLP’s policy. That is the issue. We urge the
FNM to stick to the issues,” he said.

Mr Christie added: “T am calling on civil soci-
ety, led by the church and the Christian Council
in particular to monitor the conduct of this elec-
tion campaign, and cry shame where parties exag-
gerate their demands and charges to the point
where it becomes an insult to the intelligence of
the Bahamian people. The government’s assault

‘Help my boy walk again’

FROM page one

doctors to do more physiotherapy with her son, but without

SUCCESS.

“My whole family feels that if they had tried a little harder, he
could have been further along than he is now,” she said. “I
tried and I tried, but nobody heard my cry.

Mts Ford has been in contact with staff at the University of
Miami Hospital, who have agreed to see Renaldo and evaluate
his case, however without health insurance, further treatment in
the United States will be extremely expensive.

Mts Ford said Renaldo has believed since the morning after
the accident that he will one day be able to breathe and stand up
on his own. She said that with some help, she knows he has the

i potential to do so.

Before the accident, Renaldo, the second youngest of four

i brothers, was actively involved in a number of youth organisa-

tions connected with his church and school, was a member of the

youth choir and an usher at his church.

“He was known in school as the little boy with all the man-

ners,” his mother said.

“Renaldo loved cars,” she added. “He always wanted to be a
car designer or an auto body mechanic.”

Mts Ford said her son still has a lot of potential and much to
offer the world, as he is the sort of person who can remain pos-
itive, even after what he has been through.

The family plans to hold a fundraiser and is meeting with

members of their church on Thursday to form a plan.

In the meantime, they are asking anyone who wishes to help
to contact them, or make a donation at a Bank of the Bahamas
branch, account number 5510031764.

PLP MEMBERS

distract Bahamians “to try and
take your minds of their
absolute and dismal failure in
managing the economy, in
fighting crime and in making
sure that Bahamians are not
marginalized, overlooked and
dispossessed in their own coun-
try.”

He accused the government
of grand standing in the media.

“The ZNS evening news
might as well be called ‘FNM
Ministers Tonight.’ The whole
newscast is one parade of one

minister after the other talking
a lot, but saying basically noth-
ing; at least nothing of benefit
to the Bahamian people. We
see what happened at the Lyn-
den Pindling International Air-
port. They had the opening,
and then they went back for a
tour, of course with all the tele-
vision cameras,” said Mr Halki-
tis.

“T heard somewhere that
they are going back next week
to inspect the bathrooms and
the week after that to inspect
the landscaping and have some
more press conferences,” he
said.

CHRISTIE: ALL PLPS WILL VOTE

‘NO’ ON THE SALE OF BTC

and their intelligence last week in the House of
Assembly surely crossed the line.”

Mr Christie also pledged that his party will

not utilise character assassination, vicious gossip,
or smear tactics in their campaigns in the 2012

general election, saying it will not and cannot be

upon the intelligence of the Bahamian people

FROM page one

primary basis for decision mak-
ing.

The case of veteran prosecu-
tor Cheryl Grant-Bethell
recently brought to light the use
of SIB reports by public agen-
cies. In the recent ruling of
Senior Justice Jon Isaacs he not-
ed that an SIB report caused
the Judicial and Legal Services
Commission (JLSC) to disqual-
ify Mrs Grant-Bethell from the
race for Director of Public Pros-

Open
Saturdays

10,00am-
2.00pm



SECURITY AND
INTELLIGENCE

ecution (DPP).

Justice Isaacs noted that the
JLSC removed Mrs Grant-
Bethell from her “substantive
post as deputy director of pub-
lic prosecution without employ-
ing the usual means for doing
so, e.g., disciplinary proceedings
resulting in dismissal from the
public service or by promotion
or transfer not objected to by
the officer.”

Although Mrs Grant-Bethel-
l’s appointment as Deputy Law
Reform Commissioner was
“technically a promotion,” Jus-
tice Isaacs said it excised her
from her chosen career path
without her consent.

“I so conclude because (the
section of the law governing her
new post) limits tenure of a
commissioner, the only office
to which the applicant can now
aspire, whereas as DDPP she
was on course for an office
where she could theoretically
serve until her retirement. Even
if she had remained DDPP she
would have enjoyed tenure in
the Office of the Attorney Gen-
eral, all things being equal,
beyond five years,” said Justice
Isaacs.

He agreed that Mrs Grant-
Bethell’s lateral transfer was
“irrational” and her treatment
by the JLSC was “unfair.” In
his arguments he noted several
points about the SIB report and
its use by the JLSC.

“An allegation should not be
the basis for depriving a person
of an opportunity for advance-
ment in the public service par-
ticularly without affording the
person an opportunity to
address the allegation. Fairness
one would think requires no
less,” said Justice Isaacs.

He said the JLSC used a first
SIB report when considering
Mrs Grant-Bethell’s application
for the post of acting DPP. The
allegations in this report were
put to Mrs Grant-Bethell, who
addressed them sufficiently that
her recommendation was
upheld.

It was the contents of a sec-
ond SIB report that formed the
basis of the JLSC’s decision to
ultimately side-step Mrs Grant-
Bethell. In the latter instance,

fought on the basis of "foolishness."

"We are not in the business of character assas-
sination. Vicious gossip or malicious gapseed is
not for us! We are not in the business of smear
tactics or slanderous innuendo. We will leave
that to those other fellas! And we most certainly
are not in the business of corrupt electioneer-
ing. We will leave that to the other fellas too! We
saw enough of what should not have been done
in the Elizabeth by-election last year to know
that that is not the way to go," Mr Christie said.

¢ SEE PAGE FIVE

the JLSC denied Mrs Grant-
Bethell the opportunity to
respond to the claims.

“She was able to allay any
concern they had on (the first)
occasion. It is not inconceivable
that she may not have been able
to do so again. The summary
denial of such an opportunity
to my mind breached the appli-
cant’s right to be treated in a
matter that was not unfair,” said
Justice Isaacs in his ruling.

“The JLSC has acted on a
report prepared by an agency
of the State without affording
the applicant an opportunity to
be heard. I can think of no alle-
gation so bad as to allow the
JLSC to forego this basic
requirement of fairness,” he
said.

In light of the recent ruling,
Mr Mitchell said the govern-
ment should seriously review its
policies governing the use of
SIB reports.

“T don’t recall a judge hav-
ing made a comment on SIB
reports before. When a justice
of the Supreme Court makes
some kind of finding or gives
an opinion, the executive should
really study the matter and
make a determination about
some action based on what he
said,” said Mr Mitchell.

He said he personally feels
that “basic fairness” should dic-
tate that any public servant has
a right to see what is on their
file, including an SIB report,
“particularly if you are going to
use it to make a decision that
is contrary to that person’s
interests.”

Mr Mitchell said it was resis-
tance from the “bureaucracy”
itself that has blocked succes-
sive governments from adopt-
ing any change in policy.

He said the public service
should desist from the common
practice of placing negative SIB
reports on the files of public ser-
vants and using them as the
basis for denying promotions
without their knowledge, and
without serving as grounds to
initiate disciplinary proceedings.

He said the standard set in
the Rehabilitation of Offend-
ers Act should apply to the use
of SIB reports, which suggests
decision makers “should not be
able to use SIB reports” if it has
been sitting on a public servan-
t’s file for seven years.

¢ SEE PAGE THREE



THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 11



INTERNATIONAL NEWS

Gadhafi forces barrage rebels in east and wes

Loyalists threaten
to recapture closest
rebel-held city

TRIPOLI, Libya
Associated Press

AFTER dramatic suc-
cesses over the past weeks,
Libya's rebel movement
appears to have hit a wall
of overwhelming power
from loyalists of Moammar
Gadhafi. Pro-regime forces
halted its drive on Tripoli
with a heavy barrage of
rockets in the east and
threatened Tuesday to
recapture the closest rebel-
held city to the capital in
the west.

If Zawiya, on Tripoli's
doorstep, is ultimately
retaken, the contours of a
stalemate would emerge —
with Libya divided
between a largely loyalist
west and a rebel east as the
world wrestles with the
thorny question of how
deeply to intervene.

President Barack Obama
and British Prime Minister
David Cameron agreed to
plan for the "full spectrum
of possible responses" on
Libya, including imposing a
no-fly zone to prevent
Gadhafi's warplanes from
striking rebels. According
to a White House state-
ment, the two leaders
spoke Tuesday and agreed
that the objective must be
an end to violence and the
departure of Gadhafi “as
quickly as possible."

Zawiya, a city of 200,000,
was sealed off under a fifth
day of a destructive siege,
with conflicting reports of
who was in control. A
brigade led by one of Gad-
hafi's sons, Khamis, is
believed to be leading the
assault, shelling neighbor-
hoods with tank and
artillery fire from the out-
skirts and trying to push
troops in to the city's cen-
tral Martyrs Square where
rebels had set up camp.

Hospital

The city hospital has
been overwhelmed with
dead and wounded and
many houses have been
damaged, according to res-
idents who escaped the
past two days. One man
who slipped out of the city
on Monday said pro-Gad-
hafi forces had seized the
central square.

An adviser to the Libyan
Foreign Ministry in Tripoli
on Tuesday also claimed
that government troops
were in control, raising the
green flag over the square.
The adviser, who is origi-
nally from Zawiya, said he
was trying to mediate a
cease-fire with remaining
rebels. He spoke on condi-
tion of anonymity because
of the sensitivity of the
talks.

But a resident of the
nearby town of Sabratha
said people who fled from
Zawiya on Tuesday after-
noon told him fighting con-
tinued, with rebels back in
control of the square. He
said they reported hit-and-
run attacks between the
two sides.

The various reports
could not be independent-
ly confirmed. Electricity,
phone and Internet ser-
vices have all been cut in
the city, making it impossi-
ble to reach witnesses
inside Zawiya, just 30 miles
west of Tripoli.

The recapture of Zawiya
would be a significant vic-
tory for Gadhafi, easing a
threat just outside his main
bastion in the capital. If his
forces can hold it, it would
free up troops to deploy
against other rebel-held
areas.

The fall of Zawiya to
anti-Gadhafi residents ear-

ly on in the uprising that
began Feb. 15 had illus-
trated the initial, blazing
progress of the opposition.
The uprising swept over
the entire eastern half of
the country, breaking it out
of the regime's control, and
seized Zawiya and several
other cities and towns in
the northwestern pocket of
the country where Gad-
hafi's regime was confined.

But the government
could be regaining some
balance and its capability
to lash back with powerful
force.

The battle is far from
over and could be drawn
out into a long and bloody
civil war. The latest round
of fighting on opposite
ends of Libya's Mediter-
ranean coast once again
revealed the weakness and
disorganization of both
sides.

Even if it ends with
Zawiya's recapture, the
long siege of the city
underlined the rebels’
tenacity and the struggles
of even a reportedly elite
force like the Khamis
Brigades to crush them.

Advance

At the same time, Gad-
hafi's regime has been
using its air power advan-
tage more each day to
check a rebel advance west
toward Tripoli on the main
coastal highway leading out
of the opposition-con-
trolled eastern half of the
country. The increasing use
of air power underlines the
vulnerability of the rebel
forces as they attempt to
march across open, desert
terrain — but it also could
prompt world powers to
impose a no-fly zone over
Libya to deny Gadhafi that
edge.

In the east, Gadhafi's
forces succeeded over the
weekend in blunting the
rebels’ attempt to march
toward Tripoli, repelling
them from Bin Jawwad, a
small town 375 miles (600
kilometers) east of the cap-
ital, and driving them back
to the oil port of Ras
Lanouf, further east.

On Tuesday, troops fired
barrages of rockets at a
rebel contingent that tried
to move out from Ras
Lanouf. At least 26 wound-
ed were rushed to the hos-
pital in the town, some of
them with legs lost and
other serious injuries,
according to doctors there.

"IT was hit in the arm and
leg, my friend was wound-
ed in the stomach,"
Momen Mohammad, 31,
said while lying in a hospi-
tal bed.

Earlier in the day, war-
planes launched at least
five new airstrikes near
rebel position in Ras
Lanouf, one hitting a two-
story house in a residential
area, causing some dam-
age.

None of the strikes
appeared to cause casual-
ties, suggesting they were
intended to intimidate the
fighters, according to an
Associated Press reporter
who saw the strikes. The
anti-regime forces were not
taking any chances and
were spreading out deep
inside the desert around
the area in small groups.

The rebels seem to have
reached a point of their
campaign where they need
to figure out how to orga-
nize resupply lines and
avoid becoming easy tar-
gets for warplanes in their
march across the open
desert region with little
cover. The extent of their
westward reach is a check-



LIBYAN VOLUNTEERS gesture as they raise a pre Gadhafi flag on the outskirts of the eastern town of Ras Lanouf, Libya, Tuesday, March
8, 2011. Forces loyal to Moammar Gadhafi have scored a significant victory, recapturing the closest city to the capital to have fallen in
rebel hands. On another front near the opposition-held east, loyalists trying to stop anti-government fighters from advancing toward the
capital pounded the rebels with airstrikes and rockets. (AP)

point about six miles (10
kilometers) west of Ras
Lanouf.

In Benghazi, Libya's sec-
ond largest city and the
main rebel stronghold in
east, there was an unusual
attack after weeks of quiet
that followed the rebel cap-
ture of the territory.
Assailants in a car tossed
a grenade at a hotel where
foreign journalists were
staying, but there were no
casualties and only some
light damage to windows,
an opposition official said.

Terms

A spokesman for the
opposition's newly created
Interim Governing Coun-
cil in Benghazi said a man
who claimed to represent
Gadhafi made contact with
the council to discuss terms
for Gadhafi to step down.
Mustafa Gheriani told the
AP the council could not
be certain whether the man
was acting on his own ini-
tiative or did in fact repre-
sent the Libyan leader.

"But our position is
clear: No negotiations with
the Gadhafi regime,” said
Gheriani, who declined to
say when contact was made
or reveal the identity of the
purported envoy.

Libyan state television
denied that Gadhafi had
sent an envoy to talk to the
rebels.

LIBYAN MEN walk by burned veh

In London, British For-
eign Secretary William
Hague said that neither
Gadhafi nor rebel forces
appeared currently able to
establish supremacy. "At
the moment ... it seems that
either side lacks the imme-
diate power to overthrow
the other," he said.

The United States and its
NATO allies edged closer
Monday to formulating a
military response to the
escalating violence in Libya
as the alliance boosted sur-
veillance flights over the
country and the Obama
administration signaled it
might be willing to help
arm Gadhafi's opponents.
Europe, meanwhile, kick-
started international efforts
to impose a no-fly zone.

France and Britain have
taken the lead in drafting a
U.N. Security Council res-
olution that would estab-
lish a no-fly zone over
Libya to prevent Gadhafi's
warplanes from bombing
civilians and rebels.

It still appeared unlike-
ly that U.S. warplanes or
missiles soon would deploy
in Libya. British and
French officials said the
no-fly resolution was being
drawn up as a contingency
and it has not been decided
whether to put it before
the U.N. Security Council,
where Russia holds veto
power and has rejected
such a move.

Western officials have

said a no-fly zone does not
require a U.N. mandate,
but they would prefer to
have one.

An official with a sub-
sidiary of Libya's national
oil company said Tuesday
that production has
dropped by about 90 per-
cent, a reflection of the
beating the OPEC mem-
ber's oil sector is taking
amid violence raging in the
country.

Sirte Oil Co. is produc-
ing about 9,500 barrels per
day, compared to normal
production levels at about
95,000 barrels per day, said
company official Ahmed
Jerski.

Disruption

Analysts estimate that
more than half of Libya's
almost 1.6 million barrels
per day in production is
being shut-in, and the dis-
ruption in exports has sent
global oil prices skyrock-
eting.

The U.S. benchmark
crude contract for April
delivery was hovering
slightly below $104 per bar-
rel on Tuesday, retreating
from highs of almost $107
per barrel a day earlier.
The drop came as several
OPEC ministers said they
were talking informally
about whether to ramp up
production to offset the
Libya supply drop.



icles while visiting the stormed al-Katiba base in Benghazi, Libya Tuesday, March 8, 2011. Al-Katiba is a
Libyan internal security forces facility that hosted offices, a training field, an official ceremonies platform, an under ground secret deten-

tion camp and the residence of the Libyan leader Moammar Gadhafi in Benghazi, it was stormed and mostly burned by protesters during
the ongoing Libyan uprising. (AP)

The upheaval has also
sparked a massive exodus
by foreign workers in
Libya fleeing the violence.
As of Tuesday, 224,661
migrants had reached
Libya's borders with
Tunisia, Egypt, Niger and
Algeria since February 20,
according to the latest
International Organization
for Migration figures pro-
vided Tuesday to AP.

But a Red Crescent offi-
cial said Tuesday that sol-
diers loyal to Gadhafi have
blocked some 30,000
migrant workers from flee-
ing into Tunisia and forced
many to return to work in
Tripoli.

Ibrahim Osman of the
International Federation of
Red Cross and Red Cres-
cent Societies told The
Associated Press that the
migrant workers were
rounded up and held in
Libyan immigration build-
ings near the Tunisian bor-
der last week.

Osman, who heads the
agency's assessment teams
in northern Africa, said
Gadhafi soldiers were
forcibly returning many of
the 30,000 Bangladeshis,
Egyptians and sub-Saharan
Africans nearing the Ras
Ajdir border crossing.

He said loyalists held a
pro-government demon-
stration at the crossing and
appear to have forcibly
return the migrants to ser-
vice jobs.



PAGE 12, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



LOCAL NEWS



Lionfish: Predator
to the main course

By KHYLE QUINCY PARKER
Press Attaché

Embassy of The Bahamas
Washington, DC

WASHINGTON, DC - The
National Aquarium in Washington,
DC, inaugurated its ‘Fresh
Thoughts: Sustainable Seafood Din-
ing Series’ in March, featuring lion-
fish collected in the Bahamas.

Bahamas Ambassador to the
United States Cornelius A Smith
attended, and was enthusiastic
about both the evening’s success
and the initiation of a charge to
develop a potential market for the
consumption of the lionfish in the
DC Metro area.

Given the threat the lionfish rep-
resents to traditional fisheries
exports like grouper, the creation of
such a market would be a boon of

ee ay

immeasurable worth to the
Bahamas.

“At a time when fisheries exports
in the Bahamas are not as strong as
is desirable, the opportunity to cre-
ate a new source of revenue for our
marine sector is very welcome. Add
to that the chance to exert a mea-
sure of control over this predatory
species, and you begin to see why
we are excited about this venture
and what it may mean,” Ambas-
sador Smith said.

“T can only hope that the marine
sector in the Bahamas will be
encouraged by this event to redou-
ble efforts to build an export mar-
Ket for lionfish. Such foresight will
only redound to the benefit of our
people, reaping commercial
rewards and conservational bene-
fits.”

The Indo-Pacific Red Lionfish

(Pterois volitans) is not native to
the Atlantic.

In fact, this fish has been invading
tropical Atlantic waters at an alarm-
ing rate and, in addition to causing
major concern in the Bahamas, is
threatening aquatic ecosystems as
far east as Bermuda and south to
the entire Caribbean.

The National Aquarium, the
National Oceanic and Atmospher-
ic Administration (NOAA) and the
Reef Environmental Education
Foundation (REEF) have studied
methods of controlling the popu-
lation and impacts of the lionfish.
After those studies and consulta-
tion with the restaurant sector,
human consumption has emerged
as a viable method to control the
population of this venomous pest
species.

“At a time when concerned ven-

I



LIONFISH was featured at the inaugural ‘Fresh Thoughts’ event.

dors, restaurateurs and diners are
seeking sustainable seafood choic-
es, biologists are suggesting that the
red lionfish may provide a com-
mercial opportunity as well as a
means to control an invasive
species,” said Andy Dehart, direc-
tor of Fishes and Aquatic Inverte-
brates at the National Aquarium.
“With so many fish stocks over-
exploited, we’re thrilled that lionfish
offers a great-tasting fillet and we’re
excited to finally introduce it to

Washington, DC, food enthusiasts.”

This was the impetus behind
the decision to feature lionfish at
the inaugural ‘Fresh Thoughts’
event.

Chef Xavier Deshayes partnered
with the aquarium to launch this
sustainable seafood dining series at
the aquarium’s DC location. ‘Fresh
Thoughts’ is intended to celebrate
“sensible and scrumptious seafood
choices with the help of renowned
Washington, DC, chefs.”



Four people killed |
in Ivory Coast after |
women honour dead

ABIDJAN, Ivory Coast
Associated Press

IN AN act of bold defiance,
thousands of women converged
Tuesday on the bloodstained
pavement where seven of their
sisters fell last week, even as the
army backing this country's
rogue leader killed four more
civilians.

The brutal slayings last week
occurred when soldiers in
armored personnel carriers
opened fire on a crowd of female
demonstrators who were armed
with nothing more than tree
branches, symbolizing peace.

The attack has further galva-
nized the international commu-
nity against strongman Laurent
Gbagbo, who has refused to
yield power three months after
being declared the loser of his
country's election.

The women had tried to
march everyday since the attack
Thursday only to lose their nerve
in the face of an army that has
shown no restraint, including by
breaking the long-standing code
that has always protected
women. They refused to be
cowed on Tuesday, however,
because it was International
Women's Day.

Hours after several hundred
women marched in Treichville, a
downtown neighborhood, the
army burst in and killed at least
four civilians. Reporters saw the
bodies of three men and one
women on the blood-splattered
floor of a clinic.

Thousands of other women
demonstrating near the site of
last week's killings in the Abobo
district were protected by men
who had formed a wall across
the mouth of a freeway by lining

A BOY gestures in front of a protest fire set by local youth, short-
ly before security forces loyal to Laurent Gbagbo opened fire on
civilians, in the Treichville neighborhood of Abidjan, Ivory Coast °
Tuesday, March 8, 2011. Soldiers backing Ivory Coast's rogue
leader opened fire on civilians again Tuesday, killing at least four
people hours after hundreds took to the streets to protest the
deaths of seven women gunned down at a march last week. (AP)

cars end-to-end.

Mariam Bamba, 32, picked up
a limp branch Tuesday next to
one of the blood stains on pave-
ment. "This leaf is all they were
carrying,” she said of the victims.

The seven women are just a
fraction of the more than 400
people killed in the three months
since this country's disputed elec-
tion. Because they were
unarmed women, their deaths
have prompted international
condemnation, including from
the U.S. State Department
which called Gbagbo "morally

bankrupt."

A video obtained by The
Associated Press shows the joy-
ful crowd blowing whistles and
waving branches moments
before the women are mowed
down.

When Sako Bamara arrived
at the hospital last Thursday, his
relatives told him not to lift the

cloth covering his wife's body.
At least not above the shoulders.
"They wouldn't let me look at
her face," he said. "So I had to
identify her feet," he said. Then
he broke down.

The video's grainy footage
clearly shows that the 34-year-
old had been decapitated. Her
brother-in-law was the first to
arrive and recognized her by the
color of her T-shirt. Bones were
protruding from her neck.
Beyond there was nothing. The
survivors brought wooden carts
from the nearby market and
used them to transport the dead
to the hospital.

Bamara had encouraged her
to go to the march, just as so
many other husbands and
fathers had. "That morning she
asked my permission to go. I
said, ‘Be careful.’ Since they are
women, I thought they would
never shoot.”

At the hospital, the dead
women were laid side by side,
and at one point a mobile phone
started ringing inside the pocket
of one of the other lifeless
women.

Bamara's brother lifted the
cloth covering her body and
retrieved it out of her pocket.
On the other end was the dead
girl's frantic father, Gnelle Gnon
Ouattara, who could not reach
his 21-year-old daughter Rokiya.
He rushed to the hospital and
saw his child, part of her neck

NUR

FOR LENT





sheared off by the large-caliber
bullet.

"In Africa we say that it's the
child that must bury the father,"
said Ouattara. "When it's the
father that buries the child,
something isn't right."

The women marching Tues-
day wore T-shirts bearing the
smiling portrait of 'ADO' —
Alassane Dramane Ouattara,
the democratically elected pres-
ident who has been prevented
from governing the country by
Gbagbo.

He has spent the first three
months of his term inside a
resort hotel under day-and-night
United Nations protection, and
was to leave the grounds for the
first time Tuesday night at the
invitation of the African Union.

Both Ouattara and Gbagbo
have been invited to travel to
Addis Ababa, Ethiopia to hear
the verdict of the AU's Peace
and Security Council, which was
attempting to find a solution to
the crisis. Quattara has called on
the international community to
launch an armed intervention in
order to oust Gbagbo, who
appeared on state television last
week to say that he is "hanging
in there.”

"T heard someone say that
God has left Africa," said
‘Yacouba Ouattara, a relative of
one of the dead women. "No.
It's Ivory Coast that God has
left."

A MAN in a balaclava provides security at a rally of supporters of Alassane Ouattara
protesting against violence linked to the nation's ongoing political crisis, in the
Abobo district of Abidjan, Ivory Coast yesterday. (AP)









Chamber
target for
April on
survey

* Utilities, Immigration

private sector concerns
* Tsland’s unemployment
rate ‘upwards of 20%’,
and Chamber chief says:
‘We can’t catch a break’

By NEIL HARTNELL

The Grand Bahama
Chamber of Commerce is
hoping to present the find-
ings of its private sector sur-
vey, a Key step in its devel-

opment of an economic plan }

for Grand Bahama, to the
“key change agents” by
April-May, its president

telling Tribune Business yes- if

terday that the island’s

unemployment rate was now i

likely “upwards of 20 per
cent”.

K P Turnquest said the
Chamber was completing
Phase Two of its economic
plan, the information gath-
ering stage, and was aiming
to present its findings to the
Government, Grand
Bahama Port Authority
(GBPA) and the island’s
wider community “certainly
by May at the latest”.

“We’re moving now into
the solidifying of the issues
that have been raised to
develop key points for pre-
sentation to the change
agents - the Government,

SEE page 3B

BEC fuel charge
rise inl a month

Corporation aims to
mitigate impact through use
of more efficient Bunker C

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

Bahamas Electricity
Corporation (BEC) cus-
tomers will “likely” see a

rise in the fuel charge com-
? found were high loss-levels in
? the Family Islands, both tech-
i? nical (as a result of distribu-
i tion/transmission issues) and
? non-technical (as a result of
? theft, metering problems and
i the like).

ponent of their bill “in
another month’s time”,
given the delayed impact
of higher oil prices on its
costs, although efforts will
be made to mitigate this
through the use of higher-
efficiency generation units.

Michael Moss, BEC’s
chairman, yesterday said
that a trend of decreasing
fuel charges for the last
several months will likely
turn around soon when the
impact of rising oil prices,
resulting largely from the
unrest in Libya, is seen in
BEC’s fuel bill.

“The fuel charge for the
last several months has
been going down on your
bill, but increases in fuel

costs have just come about, hae
? about (reducing) it, although

? I believe the accuracy of the
i numbers leave much to be
i? desired, and so the first thing
? to dois to go in and begin to
i scrub the systems.

so those are not yet filter-
ing through to your bill. I
do expect in another mon-
th’s time, when we take
another delivery of fuel
and probably pay a higher
price for that fuel, con-

a higher fuel charge on
their bill,” he added.

However, Mr Moss said
this is not a given.

“What we are trying to
do is maximise the amount
of equipment we burn
Bunker C (fuel) in to min-

SEE page 4B

THE TRIBUNE

US!

WEDNESDAY,



MARCH 9,

SS

2011

SECTION B « business@tribunemedia.net

a.

A
=



MICHAEL ANDERSON

QUT ISLAND ELECTRIC SALES
“MORE THAN WE PRODUCE’

BEC data accuracy ‘leaves much to be desired’

? By ALISON LOWE
i Business Reporter
i alowe@tribunemedia.net

The Bahamas Electricity

? Corporation “needs to get its
i data straight” as it relates to
? technical and non-technical
: electricity losses in the Fami-
: ly Islands, its chairman said
yesterday, with “the accura-
: cy of the numbers leaving
i much to be desired”. In some
? months, BEC is shown as sell-
: ing more electricty than it can
i produce.

Michael Moss said BEC’s

? recorded losses in the Family
i Islands are “all over the
? place”, and any effort to start
? addressing this would be fruit-
i less without first getting reli-
i able data.

He was responding to a

query from Tribune Business
i as to whether BEC has been
? able to address what interna-

tional consultants, Fichtner,

Fichtner, in a 2010 report

? supported by the Inter Amer-
i ican Development Bank
? (IDB), said that while BEC’s
? technical/non-technical loss
i? figures in New Providence
i were not excessive compared
? with other nations in the
? region, losses in the Family
i Islands are high compared
? with those in other Caribbean
? countries, and especially com-
i pared with countries outside
i of the region.

Referring to the Family

Island losses, Mr Moss said:

“Nothing has yet been done

“We have commenced that

sumers will likely be seeing aoe

“We are now getting what

i we believe to be more reli-
i able data, and once we have
i that we can then begin to
i focus on the issues.”

Mr Moss said he receives a

i? monthly report on Family
i Island electricity consumption
? and losses, and he suspects
i there are significant discrep-
i ancies.

By NEIL HARTNELL
Tribune Business Editor

The $62.5 million Common-
wealth Brewery/Burns House
initial public offering (IPO)
stands “a fairly good chance of
being fully subscribed” based
on initial investor expressions
of interest, its placement agent
told Tribune Business yester-
day, adding that the stock
would be BISX’s third largest
by market capitalisation once
listed.

Describing the liquor manu-

“Sometimes I have seen
some of the monthly reports
say the amount of electricity
sold to customers is more
than we produce.

“When you see that you
know you have a problem,”
he said.

Losses in the Family Islands
are likely to be primarily “non
technical” - due to theft or
metering problems - he sug-
gested.

“Good chance’ $62.5m
IPO fully subscribed

@ Commonwealth Brewery/Burns House stock to be

| third largest market cap at $250m once listed on BISX

8 Hf Amount sought ‘more than two times’ the highest

and incentives among key : eae
| amount raised’ in any IPO

_ EE ‘Blue chip’ offering presents first ‘really good

_ dividend yield to market for some time’

2011 to be key test for capital markets, and investor

_ split anticipated to be 80/20 in favour of retail

Tribune Business Editor :

facturer/distributor as a “blue
chip” addition to the Bahamian
capital markets, Michael
Anderson, president of Royal-
Fidelity Merchant Bank &
Trust, said the IPO was “the
first time we’ve brought a real-
ly good dividend yield to mar-
ket for some time”.
Explaining that the relative-
ly high dividend yield was like-
ly to be attractive to both
Bahamian institutional and
retail investors, Mr Anderson

SEE page 4B

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



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Two years to
deal with BEC’s
‘atrocious’
forced outages

Corporation ‘well overdue for maintenance
on every piece of equipment’

By ALISON LOWE
Business Reporter
alowe @tribunemedia.net

It will take at least two
years to address the Bahamas
Electricity Corporation’s
(BEC) “atrocious” forced
outage rate and reduce this
to internationally-accepted
standards, given the long-
overdue equipment mainte-
nance this will demand, its
chairman said yesterday.

“The average rate is still
unacceptable, and it will take us two years to get on
track in terms of outages. We are well overdue for main-

MICHAEL MOSS

SEE page 4B



QUR LUCAYA CLOSURE STRATEGY
‘DIMINISHES PRICE COMPETITIVENESS’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The closure of two of the
Our Lucaya Golf and Beach
Resort’s lower-price proper-
ties in favour of keeping open
its more high-end hotel will
reduce Grand Bahama’s price
competitiveness as a destina-
tion, and make it “harder to
achieve” a boost in overnight
arrivals to the island, the Min-
ister of Tourism and Aviation
said yesterday.

Given that occupancies
were already low, the 58 per

tory brought about by Hutchi-
son Whampoa’s decision to
close parts of the resort will
not have as much effect as the
fact that the rooms the own-
ers are choosing to keep on
the market are “the higher
price category rooms”, Vin-
cent Vanderpool-Wallace told
Tribune Business.

His comments came after
resort executives confirmed
on Friday that over 200 staff
would be terminated, and
parts of the hotel closed in
light of major losses. Our

SEE page 8B

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PAGE 2B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Gas retailers penalised by
‘inefficient’ price structure

Think-tank executive points out that government tax take
53% more than retail/wholesale margins combined, as he
and Chamber chair agree duties Key to relatively high prices

By NEIL HARTNELL
Tribune Business Editor

Gas station retailers suf-
fer margin erosion through
an “inefficient” pricing
structure that penalises them
when oil prices increase
through high capital costs,
the Bahamas Chamber of
Commerce and Employers
Confederation’s (BCCEC)
chairman said yesterday,
adding that government tax-
eS were a major factor
behind the relatively high
prices.

Khaalis Rolle told Tri-
bune Business that while it
could be argued that gov-
ernment-imposed price con-
trols on retail and wholesale
margins in the petroleum
industry had benefited
Bahamian consumers, they
also had the consequence of
constraining gas station
profitability.

Yet he argued that price
controls were not the main
factor in determining
Bahamian gasoline and
diesel prices, the two key
components being the land-
ed cost of fuel (global oil
prices) and the tax structure
imposed on the industry by
the Government,

“I think price control, the
Government-controlled
margin system, was meant
to protect the consumer,”
Mr Rolle told Tribune Busi-
ness. “To my mind, to this
point it has been relatively
effective, but I don’t think

hc ie:
KHAALIS ROLLE

that’s the major issue at
hand.

“When you start to look
at petroleum prices, the
margin is a relatively small
component of the pricing
structure of fuel.

Margins

“The main component is
the actual landed, acquisi-
tion cost of the fuel, and
then you tack on the mar-
gins, tack on the duty struc-
ture of the gasoline.

“At any point, duties
make up a huge part of the

= o



overall price. So, compared
to other places, the price is
extremely high, but it is
extremely high for a couple
of reasons - the acquisition

The National Insurance Board
of the Commonwealth of The Bahamas

Proposal For Independent Auditors

The National Insurance Board (NIB) invites suitably qualified accounting firms co submita proposal
toserve as independent auditors for the audit of the National Insurance Fund's consolidated financial
statements for the fiscal year ending December 31, 201 1, subject to renewal for an additional two
years, The financial statements are to be completed in April, following the year-end.

The 2009 Annual Report ean be accessed ar wwwnib-hahamas.com

The proposal should include, but not be limited to:

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. The qualifications and experience of che principals of che firm, including comments regia ring
ather professional staff members’ skills and COMpetenee,

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4. The approach and time-line that will be adopted for the audit and related services that che firm

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. Comments with respect to the firm's independence.

6. Estimates of fees and billings.

Proposals should be addressed to:

The Director

THE NATIONAL INSURANCE BOARD

and marked “Proposal to Serve as In

Clifford Darling Complex
Baillou Hill Road
Nassau, Bahamas

endent Auditors”, to arrive at the Director's Office no

laver than 4:00 P.M, OF Friday, April 9, 2011. The NIB reserves the right IO rejeee any of all

tenders.



cost of the fuel, and the duty
and tax structure of the
fuel.”

Retail margins on gaso-
line and diesel per gallon are
$0.44 and $0.33 respectively,
with wholesale margins on
the former fixed at $0.33 per
gallon.

The Government, mean-
while, via the tax structure
earns $1.06 per gallon of gas
plus 7 per cent Stamp Duty
and, when oil prices rise as
they now do, its take goes
up thanks to the latter being
calculated as a percentage.

Mr Rolle’s assessment was
backed by Nassau Institute
think-tank executive, Rick
Lowe, who pointed out that,
based on gasoline selling for
$3.80 per gallon, the Gov-
ernment’s collective $1.18
per gallon take was 53 per
cent more than the com-



bined retail/wholesale mar-
gins. “Beside the fact that
price controls are inherently
immoral, and particularly in
the Bahamas, where the
Government makes some 53
per cent more than the
combined take of the inter-
national suppliers and local
retailers, it's simply not pos-
sible to please both con-
sumers and suppliers,” Mr
Lowe said.

World

“So as the world price of
gasoline increases, the Gov-
ernment’s take, or profit if
you will, continues to esca-
late, while the retailers who
have to pay more for a gal-
lon earn the same amount
per gallon.”

He added that the easiest

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short-term solution to ease
the impact of rising oil prices
was for the Government to
reduce its tax take, but
“there’s always a price to
pay”.

In this case, it would be
the effect on government
revenue at a time when the
Ingraham administration is
looking to squeeze out every
last cent of revenue from the
Bahamas’ weak economy.
For that very reason, and
given that petroleum-related
taxes, together with those
on motor vehicles, account
for around 35-40 per cent of
total government revenues,
the administration will
almost certainly not be low-
ering these duties any time
soon.

However, Mr Lowe sug-
gested: “If the Government
is not prepared to drop price
controls in view of the
increases of oil on the world
market, they might consider
holding the Stamp Tax
charges at current levels,
rather than charge the 7 per
cent on ever increasing CIF
prices of imported oil.”

He added: “Government
needs revenue, and does not
want to reduce its margin,
but the public are saying:
‘Make the gas retailer
charge me less’. It’s a diffi-
cult position to believe you
can control international
prices of anything. As far as
controlling it, it’s impossi-
ble, I think.

“Unless the Government
is prepared to do with less
revenue from a gallon of
gasoline, why get into the
middle of it? The Govern-
ment is saying: ‘I’m going to
limit the retailer’s margin to
a set figure, but I’m not
going to limit myself.’ That
doesn’t seem entirely fair to
me.”

Meanwhile, Mr Rolle told
Tribune Business: “In terms
of whether price controls are
an effective measure for
protecting the consumer, I
guess you can make the
argument they are, but in
terms of the overall prof-
itability for retailers, they
are constraining.

“If prices go up too high,
the cost of capital goes up.
The retailers need more
money to pay for fuel
upfront, so the cost of get-
ting the fuel goes up for
them. Because the cost of
capital is so expensive, it
strains their margins.

“If they have to go into
overdraft to pay for fuel
shipments, they have to pay
overdraft charge, which
come out of the margin.
That’s where the inefficien-
cy is in the pricing structure.
Petroleum products are a
very heavily taxed com-
modity, and it doesn’t serve
them well.”

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.





Full Text


THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 3B





SU et



Wanting to compare notes and
priorities with one of the most
important areas of Government,
the Bahamas Hotel Association’s
(BHA) president, Stuart Bowe,
recently met with Education Min-
ister Desmond Bannister.

The meeting resulted in a
commitment to work closer on
key areas of mutual interest, and
a pledge to be part of a collabo-
rative effort along with the Min-
istry of Tourism, and between
Government and industry, to bet-
ter address tourism’s workforce
development needs.

The BHA has long been
involved in working with the
schools, and is presently step-
ping up its education and training
efforts in anticipation of upcom-
ing demands for qualified can-
didates as the economy
rebounds and Baha Mar and oth-
er investments come on stream.



Historic bull market reaching second birthday

DAVE CARPENTER,
AP Personal Finance Writer
CHICAGO

As a historic bull market reaches its sec-
ond birthday, everyday investors are pil-
ing back into stocks, finally ready for more
risk and hoping the rally has further to go.

The Standard & Poor's 500 index has
almost doubled since March 9, 2009, when
it hit a 12-year low after the financial crisis.
And the Dow Jones industrials are back
above 12,000, about 2,000 points shy of
their all-time high.

Little-guy investors appear to be on
board. Since the beginning of the year,
investors have put $24.2 billion into U.S.
stock mutual funds, according to the Invest-
ment Company Institute. They withdrew
$96.7 billion in 2010.

"It didn't feel right to be back in until
now,” says Richard Dukas, who heads a
public relations firm in New York City. "I
still don't want to put all my money in the
market, but I believe we've come through
the worst of it.”

After the 2008 financial meltdown,
Dukas and his wife converted their 401(k)

retirement accounts into cash. They had
been burned during the bubble in technol-
ogy stocks a decade ago, and Dukas says he
has been "extremely skittish" ever since.

Now Dukas, 48, says 85 percent of his
portfolio is back in mutual funds, although
he maintains a small cushion of cash.

More job security, strengthening retire-
ment account balances and improvement in
the overall U.S. economy are some of the
factors that have brought everyday
investors back to the market. A snapshot of
what's happened:

— The outlook of investors as measured
by stock newsletters and market surveys
has been extremely bullish for two or three
months, says Mark Arbeter, chief technical
strategist for S&P Equity Research.

— Many workers have enjoyed seeing
their 401(k) balances return to where they
stood at the market's peak because they
kept contributing during the down years.
Many who have maintained their 401(k)
accounts for a decade or longer still have
some ground to make up because of their
larger starting balances.

— Americans who still have jobs are as
secure as they've been in 14 years. That's

_-

BAHAMAS FIRST

PEST IW IMSURAAICE. TODAY, TOMDA Roa,

because the number of planned layoffs has
fallen to a low, according to outplacement

firm Challenger, Gray & Christmas.

The combination has boosted confidence
and brought investors back to a rising mar- }
ket. The Dow was trading Tuesday at }
around 12,200, up 86 percent from the 2009 ;

low. It's still 14 percent below its all-time
high in October 2007.

year CD earns no more than 1.5 percent.

As a result, many investors returning to i ) é : , :
i having come to the island since, the Chamber president esti-

the market are tiptoeing back in.

They're buying what Trennert calls :
"stocks that look like bonds" — dividend-
paying blue chips that they hope will hedge }
i couple of months. What are we going to do with those kids,” Mr
i Turnquest asked.

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FROM page 1B

the Port Authority and the community. That’s the next phase
i that we hope will be done in a month,” Mr Turnquest told
i Tribune Business.

Asked about the key issues raised, the Chamber president

i said: “The primary issue people had was on the utility costs. I
i guess that ranked number one. Immigration has been a big
i issue, and the duty concessions and rights under the Hawksbill
i Creek Agreement was another issue. The overall lack of pro-
i motion of the island has been another concern.”

Mr Turnquest said the Chamber had already met with the

? Government and the Grand Bahama Port Authority (GBPA)
i over the Ingraham administration’s plan to create a Grand
i Bahama Development Board, which would oversee the island’s
? promotion and growth, agreeing to “work together” after being
i reassured that the initiative would not sideline its economic
i development plan.

“We did express the concern that we did not want to get side-

i tracked from the initiative we’ve undertaken,” Mr Turnquest
i explained. “A lot of thought and work has gone into that. We
i will be working side by side with the initiative outlined by the
i Minister, and they will work very well in terms of the overall
i vision for the island.”

With those concerns satisfied, Mr Turnquest said of the

Reade aay Board plan: “Obviously, it’s of the utmost impor-

tance that we all work together to try and resurrect or fix the sit-
uation [on Grand Bahama].

“The idea of working together in a collaborative fashion to
? promote Grand Bahama and address the issues affecting busi-
ness and foreign direct investment is obviously very impor-
tant and a good approach.

“Our immediate need is in respect of tourism promotion.
There are a number of initiatives being talked about, and
hopefully Grand Bahama will be on the radar and promotion
of this destination will take place so we can benefit.”

Referring to last week’s lay-off of some 200 hotel workers at

i Our Lucaya, Mr Turnquest said: “It just seems like we can’t

i catch a break. We are having a very difficult time at the

While the economy is improving, it will | moment.

take a lot longer to erase the abject fear
that average investors have felt about own- : some tremendous opportunities here, but there are some things
ing stocks the last two years, says Jason } we have to deal with and make adjustments on - the cost of elec-
Petpet a ae tricity is a major concern. There are still very good opportuni-
On . etcamiase aie irate for Grand Bahama, and we have to go out and promote it
foaet The fe find & BOHEE pines torstich- | and reconnect with the kind of investment that will help us with
: They can't find a better place to stash } 5
their money. The bull market in bonds has } sustainable development.

ended, money-market accounts are return- }

ing 1 percent or less, and the average two- } >»
i for us

“There are some far-off bright spots we see. There are still

Although there were no official, updated unemployment
figures, Mr Turnquest described the loss of 200 jobs as “very big
. But, given the 17 per cent rate for Grand Bahama
recorded two years ago, and with no major job opportunities

mated that the present rate was “upwards of 20 per cent for
sure”.
“We have 1,000 students coming out of school in the next



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PAGE 4B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



‘Good chance’ $62.5m
IPO fully subscribed |

FROM page 1B

said the upcoming IPO - scheduled to
launch on March 21 - would test just how
far this nation’s capital markets had come,
including their ability to absorb and finance
such sizeable equity offerings.

Describing the $62.5 million that the
Commonwealth Brewery/Burns House IPO
is seeking to raise as “more than two times’
the highest amount raised in an equity
offering, IPO” in the Bahamas previously,
Mr Anderson acknowledged it was “diffi-
cult to know” just how much investor inter-
est there was, and “now much capital there
is to meet the requirements of the offering”.

However, RoyalFidelity, accompanied
by Commonwealth Brewery and Heineken
executives, is now into its second week of
presentations to key Bahamian institutional
investors, such as pension funds and insur-
ance companies, and Mr Anderson told
Tribune Business: “We expect to see a fair
amount of interest in this offering, and our
initial indications are that there is strong
interest.

“From what we’ve seen, there is a fairly
good chance of this being fully subscribed,
which signifies that there has been devel-
opment in the capital markets and more
capital is available to be placed into an
IPO.”

The RoyalFidelity president said he had
initially anticipated that investor take-up for
the upcoming IPO would be split 80/20 in
favour of institutional investors, but sev-
eral wealthy individuals had already
expressed interest in taking up multi-million
allocations of around $2-$3 million.

“On this kind of offering, I'd be looking
at $40-$50 million coming from institutions,
and the last $15-$20 million coming from
individuals,” Mr Anderson said. “It’s very
difficult at this stage to figure out whether
we will see the level of interest we expect to
see. Initial indications are good, but at the
end of the day, people have to be comfort-
able it’s a good investment.”

He agreed with Kenwood Kerr, Provi-
dence Advisors’ chief executive, who earlier
this week told Tribune Business that suc-
cessful IPOs and equity offerings required
a “good underlying story”, telling Tribune
Business the key factor was whether they

offered enough value to make them attrac-
tive to investors.

While there was “a fair amount of lig-
uidity” in the Bahamian market, Mr Ander-
son conceded this did not mean people
would automatically invest in the upcoming
IPO. The risk/reward fundamentals had to
be attractive, he added, but one positive
was that the dividend yields - and total
potential return - on offer were much high-
er than current bank deposit rates.

Acknowledging that recent trends had
been for the Bahamian capital markets to
“shy away from equities on the basis of a
lack of yield”, instead preferring fixed
income securities, Mr Anderson said the
attraction of Commonwealth
Brewery/Burns House - which operate as
one company - for investors was that they
provided a relatively high dividend return.

“This particular security offering has a
relatively high dividend yield for equities,
and I believe that will be attractive to
investors as well,” he told Tribune Busi-
ness. “They will get the benefits of capital
appreciation as well as an attractive divi-
dend yield.”

Mr Anderson said most Bahamian equi-
ties that had performed well offered attrac-
tive dividend yields to their shareholders,
but in more recent times the market’s gen-
eral focus had been on capital (share price
) appreciation and earnings.

“This will be the first time we’ve brought
a really good dividend yield to market for
some time,” he told this newspaper. “It
will have the third highest market capitali-
sation of any security. This one, at $250
million, will be the third biggest market
cap on BISX.

“It’s one of those stocks that ought to
be attractive to institutional and retail
investors as one of the blue chips on the
market.”

The largest BISX-listed stock by mar-
ket capitalisation is FirstCaribbean Inter-
national Bank (Bahamas) at $1.17 billion,
followed by Commonwealth Bank at $670
million. FirstCaribbean, when it was CIBC,
also holds the distinction of being the
largest IPO to date at around $30 million.

With the $62.5 million Commonwealth
Brewery/Burns House IPO set to be fol-
lowed later this year by the flotation of the
first 9 per cent tranche of Bahamas

Telecommunications Company (BTC) }
shares retained by the Government, likely }
worth around $37 million, and the possible }
$8 million Arawak Cay port IPO, around }
$100 million worth of equities will be }
offered to the Bahamian capital markets }

i tenance, in terms of the recommended maintenance sug-

“2011 will be a good year to test the } gested by the manufacturer, on every piece of equipment,”

capacity of the capital markets, because : : :
ee mile baneags number of new offer- ; Michael Moss told Tribune Business.
ings to market that I don’t think we’ve } :
done in the last 10 years or so,” Mr Ander- | Whether BEC has been able to make any headway in
i addressing its forced outage rate, which a report by inter-
“It will be very interesting to see. I’m } national consultants, Fichtner, revealed to be “two to three
kind of excited about the prospect of it, }

i and 2009.
be more than pleasantly surprised by the }

this year.

son said.

it’s such a large amount, and hopefully Pll

results.”

efit the companies being offered as invest-
ment opportunities.

“Tf this pans out as we expect it to do }
over the next three-five years, it will be a }
major growth period for the Bahamas,” he }
explained. “There’s a massive amount of }
money going to be spent in the economy }
? ment, resulting in power outages in recent years.
spur growth in the economy, and put peo- }

ple in a better position to invest and bene- | in 2010, BEC is expected to generate a net profit in the

over the next two-three years, and that will

fit from these investments.

Its the start of it, We have tolook at the F This enhanced financial position will give the Corporation
next three-five years as a major growth } E : :
: the leeway to begin to address some of its equipment defi-

The Government mandated that a 25 ; Clencies in a more effective manner, suggested Mr Moss.

per cent stake in Commonwealth Brew- }
ery/Burns House be offered to Bahamian }
investors as an IPO as a condition for }

period for the Bahamas.”

approving the $125 million buy-out of the
50 per cent stake held by Associated
Bahamian Distillers

his family.

The IPO will be offered at the same } ; . : ; ;
terms, and price, as ABDAB received, the } might be overdue, if you take it out in summer you will
Government having approved the timing ;
given that it agreed to effectively under- }

write the offering by acquiring any shares }

not subscribed for by the Bahamian public.

Goods-In-Transit and Cyber
Shop/Burglary Insurance

2011 - 2012

The Bahamas Telecommunications Company Lid. (BTC) is pleased
to invite Tenders to provide the Company with insurance coverage
for its Goods - In - Transit and Cyber $hop/Burglary policies.

Interested companies/firms may collect a Tender Specification from
the Security's Desk located in the Administrative building on John F.
Kennedy Drive, between the hour of 9:00 a.m. and 5:00 p.m.
Monday through Friday.

The deadline for submission of tenders is March 9th, 2011. Tenders
should be sealed and marked “TENDER - GOODS$-IN-TRANSIT AND
CYBER SHOP BURGLARY INSURANCE" and should be delivered to
the attention of the Acting President and CEO, Mr. |. Kirk Griffin.

BTC reserves the right to reject any, or all Tenders.

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Two years to deal
TU RELA

UCT ETs

FROM page 1B



Mr Moss was responding to this newspaper’s query about

times” the international industry average between 2007

The Forced Outage Rate refers to the probability that a

iis aries alt egies: power unit will not be available for service when required.
ed to look to the future, and realise that : ae : :
with the $2.6 billion Baha Mar project start- | deficiency in an Inter-American Development Bank (IDB)-

ing, and the Government in the throes of | SUpported report released in early 2010, noting that the

major infrastructure upgrades, the Bahami- } Clifton Pier Power Station showed a “high forced outage
an economy was preparing to enter a new } rate of between 10 per cent and 16 per cent in the past
growth phase - something that would ben- }

i S per cent”.

The German-based consultants drew attention to this

three years, while a typical benchmark would be a maximum

Equipment

Mr Moss emphasised the role played by BEC’s “limping”
financial position in its failure to adequately maintain equip-

After turning a “small profit” for the first time in five years

"$8 million to $10 million" range in its 2011 financial year.

“In terms of the outage rate at the plant, it is atrocious, but
the Corporation has not had the financial means to maintain
equipment in as timely a fashion as one would’ve wanted to,

and when you fail to maintain you get breakdowns,” he

? told Tribune Business.
and Brewers }
(ABDAB), the vehicle 70 per cent con- ; ; sae eae ; 7
tolled by Sit Caret “Taner Finlayeou-and « ing the outages. What you have to do is judiciously begin tak
; ing out equipment (for maintenance). When you're doing

“We have started to sign contracts to commence address-

overhauls you can’t be reckless about it, because even if it

only make it worse for consumers.
“You have to do work on some and keep your fingers
crossed and hope that that which has not been addressed will

last through the summer.”

Mr Moss said that around two years from now would be

! “a more appropriate time to begin benchmarking [BEC]
i against international standards” on outages.

“T think it’s most unfortunate to do that when everyone

knows what the situation with BEC has been financially,” he
: said.

BEC fuel charge rise in a month

FROM page 1B

i imise the impact to customers. That certainly is our objec-
: tive, since Bunker C is cheaper, so we want to use as
: much of that as we can.

“The end fuel charge to the consumer is a combination of

the fuel we have to buy and the equipment we use to gen-
: erate power,” he added.

BEC last year ditched the fuel “surcharge” in favour of a

fuel charge, in an effort to “let the public know the full
i impact that fuel has on our business”.

This means that customers are charged a “basic tariff”,

i which is based on the cost of defraying “the cost of doing
: business”, including salaries, maintenance and “a little prof-
? it”, noted Mr Moss, and a separate fuel charge that varies
i depending on the price of fuel in the international market.
: This is as opposed to the inclusion of a fluctuating fuel sur-
i charge within the basic tariff.

NOTICE

NOTICE is hereby given that HOLLY ALEXANDRA
WALLACE of WEST BAY STREET, P.O. BOX CB-
11170, BAHAMAS is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 2"! DAY of MARCH, 2011 to the Minister responsible
for nationality and Citizenship, P.O. Box N-7147, Nassau,

Legal Notice

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)
BLUNDELL MANAGEMENT INC.

In Voluntary liquidation

Notice is hereby given that in accordance with Section
137(4) of the International Business Companies Act (No.
45 of 2000) BLUNDELL MANAGEMENT INC. has been
dissolved and struck off the Register according to the
Certificate of Dissolution issued by the Register General
on the 17th of February, 2011.

Epsilon Management Ltd.

Suite 13, First Floor, Oliaji Trade Centre
Francis Rachel Street, Victoria, Mahe
Republic of Seychelles
Liquidator


THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 5B



Bank stocks push indexes higher; ol prices din

UNDERWATER
MORTGAGES RISE AS |
HOME PRICES FALL

DEREK KRAVITZ,
AP Real Estate Writer
WASHINGTON

The number of Americans
who owe more on their mort-
gages than their homes are
worth rose at the end of last
year, preventing many people
from selling their homes in an
already weak housing market.

About 11.1 million house-
holds, or 23.1 percent of all
mortgaged homes, were
underwater in the October-
December quarter, according
to report released Tuesday by
housing data firm CoreLogic.
That's up from 22.5 percent,
or 10.8 million households, in
the July-September quarter.

The number of underwater
mortgages had fallen in the
previous three quarters. But
that was mostly because more
homes had fallen into foreclo-
sure. Underwater mortgages
typically rise when home
prices fall. Home prices in
December hit their lowest

point since the housing bust in :

11 of 20 major U.S. metro
areas. In a healthy housing
market, about 5 percent of
homeowners are underwater.
Roughly two-thirds of

homeowners in Nevada with a }

mortgage had negative home
equity, the worst in the coun-
try. Arizona, Florida, Michi-
gan and California were next,
with up to 50 percent of
homeowners with mortgages
in those states underwater.

Oklahoma had the smallest
percentage of underwater
homeowners in the October-
December quarter, at 5.8 per-
cent. Only nine states record-
ed percentages less than 10
percent.

AIG REPAYS $6.9BN T0
BAILOUT PROGRAMME

MARTIN CRUTSINGER,
AP Economics Writer
WASHINGTON

American International

Group Inc. has paid the feder-

al government nearly $7 bil-
lion this week after selling off
assets, trimming its financial
bailout balance to just under
$60 billion.

The Treasury Department
says $6.6 billion comes from
AIG's sale last week of
MetLife Inc. holdings. Anoth-
er $300 million is from AIG's
sale of American Life Insur-
ance Co.

AIG has now paid back
$9.1 billion of the $68 billion
in bailout funds it received
from the government at the
height of the 2008 financial
crisis. Treasury owns 92 per-
cent of AIG through its hold-
ings of the company's com-
mon stock, which it is expect-
ed to begin selling in May.
Treasury officials said they
expect to recoup the full
amount of the bailout.

Richard Drew/AP Photo



TRADING PIACE: In this Feb. 4, 2011 photo, traders
gather at a post on the floor of the NYSE.

CHIP CUTTER,

AP Business Writers
DAVID K. RANDALL,
AP Business Writers
NEW YORK

Financial companies pushed
stock indexes higher Tuesday on
signs that banks may soon raise
their dividends.

Bank of America Corp. gained
4.7 percent, the most of the 30
stocks that make up the Dow
Jones industrial average, after chief
executive Brian Moynihan told an
investor's meeting that the bank
could earn more money over the
next two years as its business sta-

GLOBAL ECONOMIC NEWS associated press

A look at economic developments and activity in major stock markets around the world Tuesday:

DUBAI, United Arab Emirates — Saudi Arabia's oil minister denied that the surge in oil prices reflects a

bilizes. That led analysts to note
that large consumer banks may
raise their dividends. Banks
slashed dividends during the 2008
financial crisis to cut costs.
Financial stocks in the S&P 500
index rose 2.2 percent, the most
of any of the index's 10 company
groups. American Express Co.
gained 3.5 percent, and JPMorgan
Chase & Co. gained 2.6 percent.
Falling oil prices also helped
stocks move higher. Oil prices
dipped 0.5 percent to $105 a barrel
after Kuwait's oil minister said that
OPEC members are in informal
talks about raising oil output as
the conflict in Libya continues.

Location: Lsford Cay

shortage of crude on the market but said that the kingdom is committed to tapping excess supplies if need-
ed.

The 12-nation Organization of the Petroleum Exporting Countries has so far held its official output quo-
tas unchanged, even as massive protests across the oil-rich Middle East have pushed global oil prices to their
highest levels since late 2008. An uprising in OPEC member Libya has stoked supply concerns, increasing
pressure on the producer bloc to pump more to ease prices. The oil minister of Saudi Arabia said the oil mar-
ket remains well-supplied, however. He reiterated the kingdom's stance that the spike in oil costs stems more

"Rapidly higher moving oil
prices can substantially impact
demand," said Oliver Pursche,
president of Gary Goldberg Finan-
cial Services.

“Tt's something OPEC members
are "very, very much aware of and
want to avoid."

Oil prices have risen 9 percent
so far this month. That has pushed
stocks lower as investors worry
that higher gas prices will dampen
the economic recovery.

The Dow Jones industrial aver-
age gained 124.35 points, or 1 per-
cent, to 12,214.38. The S&P 500
rose 11.69, or 0.9 percent, to
1,321.82.

LOT FOR SALE

Price: SSL Sine: 17 19) Say ft; BA ple

from financial speculation and unwarranted investor sentiment than industry fundamentals.

CAIRO — An official with a subsidiary of Libya's national oil company
said production has dropped by about 90 percent, a reflection of the
beating the OPEC member's oil sector is taking amid violence raging in
the country. Analysts estimate that more than half of Libya's almost 1.6
million barrels per day in production is being shut in.

BERLIN — Major oil producers and consumers are well-placed to
respond to any shortfall in supplies resulting from the crisis in Libya,
U.S. Treasury Secretary Timothy Geithner stressed after talks with
German Finance Minister Wolfgang Schaeuble. He added that “even in
the face of these uncertainties," there are "encouraging signs of grad-
ually strengthening recovery" across major global economies.

Besides the global economy and the eurozone debt crisis, Geithner
and Schaeuble also discussed sanctions against the regime of Libyan
leader Moammar Gadhafi. Geithner said they addressed the "effort to
build a strong set of sanctions" against the Libyan regime, but gave no
details. Geithner's meetings in Germany, where he also met European
Central Bank President Jean-Claude Trichet, came ahead of a pair of
summits at which European leaders will try to finally get a grip on the

LONDON — Hopes that the OPEC oil cartel will raise production to offset the shortfall from Libya pushed

oil prices lower and shored up confidence in European stock markets.

The FTSE 100 index of leading British shares closed up 0.2 percent, France's CAC-40 ended up 0.6 per-

cent and Germany's DAX was 0.4 percent higher.

TOKYO — Earlier in Asia, Japan's benchmark 225 stock average added 0.2 percent, while Hong Kong's
Hang Seng rose 1.7 percent and China's main Shanghai index gained 0.1 percent.

SHANGHAI — China's economy is safe from a "double-dip" slowdown in growth, a top economic planner
said, though he acknowledged challenges in keeping inflation under control and cutting back on excessive

and wasteful investments.

HONG KONG — Chinese airlines announced a batch of deals to buy airplanes from Boeing and other West-
ern plane makers at a major Asian air show, underlining the rapid expansion of China's aviation market. Air
China and Hong Kong Airlines plan to buy planes from Boeing Co. worth about $10 billion at sticker prices.
Chicago-based Boeing predicted that the Asia-Pacific region would overtake North America and Europe as
the world's biggest air transport market over the next 20 years after a similar forecast from rival Airbus SAS.

ATHENS, Greece — Greece raised 1.625 billion euros ($2.28 billion) in an auction of treasury bills, though
the higher interest rate it has to pay showed investor unease a day after the country's credit rating was down-
graded sharply. In return for selling the 26-week bills, Greece had to pay an interest rate of 4.75 percent, up
from the 4.64 percent it had to pay in a similar auction last month, but lower than the 4.90 percent demand-
ed in January. Though investors wanted a higher rate in return for their cash, the Greek government still man-
aged to raise more than the original offer of 1.25 billion euros because of heavy demand for the bonds.



Greece raises $2.3bn in treasury
bills auction following rating cut

ELENA BECATOROS,
Associated Press
ATHENS, Greece

Greece raised Euro1.625 bil-
lion ($2.28 billion) in an auc-
tion of treasury bills Tuesday,
though the higher interest rate
it has to pay showed investor
unease a day after the coun-
try's credit rating was down-
graded sharply.

In return for selling the 26-
week bills, Greece had to pay
an interest rate of 4.75 percent,
the Public Debt Management
Agency said. The rate was up
from the 4.64 percent it had to
pay in a similar auction last
month, but lower than the 4.90
percent demanded in January.

Though investors wanted a
higher rate in return for their
cash, the Greek government
still managed to raise more than
the original offer of ?1.25 bil-
lion. Demand was relatively
healthy, with the auction 3.59
times oversubscribed.

Tuesday's sale came after
Moody's slashed the debt-rid-
den country's junk rating by
three notches to Bl, prompt-
ing a furious riposte from the
Greek government, which
described the move as "com-
pletely unjustified.”

Greece began short-dated
treasury bill sales last Septem-
ber to maintain a presence in
the market after its debt crisis
sent interest rates for longer-
term money soaring, effective-
ly blocking the country from
the bond market.

VACANCY

Property Management Company is
immediately seeking an entry-level
maintenance worker for its multi-
floor commercial building. The ideal
candidate will be required to perform
general building maintenance and
repair work involving plumbing and
electrical skills; some heavy lifting
required. The candidate must work
well independently, take initiative and
be a team player.

Attractive benefits

Reply in confidence to:

vacancy50@gmail.com

(only short-listed applicants will be contacted)



INTERNATIONAL
BUSINESS

continent's debt crisis. The Treasury Secretary praised eurozone countries’ "remarkable" efforts to push through
reforms and produce a long-term mechanism aimed at coping with future problems.



fab A halide of powdery
a he cd ed chime Lyfe) Cory at oe beh oe

ee plecc be live

Cente! Brien dati SEM (sper TES) Essa ahenaicm

coer ET Batya ot eee



POSITION AVAILABLE
FOR A LEGAL SECRETARY
at

KLONARIS & CO. (Lyford Cay)

Applicant must:

Have a minimum of 5 (five) years
experience as a Legal Secretary

Have strong typing skills

Be proficient in Microsoft Word
and Excel

Be self-motivated and able to word
without supervision

Applicant with background in real estate,
corporate commercial, trusts wills, and
immigration matters encouraged.

Medical insurance and Pension Plan offered.

Salary commensurate with skills and experience.

Please submit application letter with Resume by
e-mail or facsimile to:





Email: mklonaris@klonarislaw.com

EF In this Feb. 1, 2011 photo, traders gather at a post on
ACS the floor of the New York Stock Exchange. (AP Pho-
to/Richard Drew)

MORTON BAHAMAS LIMITED K+ S$

POSITION AVAILABLE
ELECTRICAL ENGINEER:

Morton Bahamas Limited, A K + S Group Company seeks a
suitable candidate to fill the position of Electrical Engineer, at its
salt production facility in Inagua, The Bahamas.

This position support the facility by managing the activities
associated with electrical projects and electrical maintenance.

The successful candidate will have the ability to manage projects,
and possess’ good computer and organizational skills. Good com-
munication skill, interpersonal skills and the ability to solve com-
plex problem.

A College Degree in Electrical Engineering is required.
Entry level candidates are welcomed.

Bahamian Citizen or Holder of Bahamas Work Permit required.
Opportunities Include:

- Competitive Salary

- Relocation Benefits, worker plus family

- Major Health Benefits, worker plus family

- Dental Benefits, worker plus family

Visit www.mortonsalt.com, and follow the career page.
PAGE 8B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COAT

HODO/CLE/ quilts

















Common Law and Equity Divison

IN THE MATTER OF ALL THAT piece parcel or lot of land containing, by
admeasurements, sit thousand (6,000) square feet or thereabouts :
and the island are marketed
to potential tourists.

“In terms of the categories,
it does make a difference
because they really are keep-
ing open the higher-priced
category rooms. We under-
stand why they are doing it,
but it certainly will have
impact on what we are pro-
moting and prices, and the
competitiveness of Grand
Bahama versus Nassau. The
effect is that some of the com-
petitiveness that we thought

FROM page 1B

being known and described as Lot #1291 of Golden Gates Estates
Section Two Addition situate in the Western District af the island af :
Lucaya said the move was
necessary to save other jobs
and keep the remaining part
of the resort operational.
Speaking to Tribune Busi-
ness from Berlin, Germany,
Mr Vanderpool-Wallace said
that while Grand Bahama
used to play a role as a lower
“entry price point” Bahamian
destination, this is no longer
the case, and it will mean
changes in the way the resort

New Providence one of the lands of the Commonwealth of the
Baharvas
AND
IN THE MATTER of the Quieting Titles Act 1959
AND
IN THE MATTER of the Petition of Rosemary Hart
Worle
Take police (hat ROSEMARY HART of the Southern District of the lend
of New Providence The Bahamas has filed a Petition pursuant te the
Quieting Titles Act, 1959) in respect of the following property:-

Lot #1291 of Golden Gates Estates Section Two Addition situate in the

Western Gestrict of the Island of New Providence, The Bahamas wach











































COMMONWEALTH OF THE BAHAMAS ~ 2010

IN THE SUPREME COURT CLE/qui/01590

said Subdevision & situate an the narthemn side of MMulatta Place 300 A,

Common Law and Equity Side
Northeasterty fram Cedar Way and approximately 549 {t, Sautheasterly
from Carmichael one The lot i measured a’ being bounded ‘The Petition of Raleigh l Putlee Ge taeepcct of
Westwandly by Lot 1290 of the said subdivision and munning 100 ft.;
northwardly by a Lot 1280 and running 60 ft.; eastwardly by 2 bot 1292 ALL THAT tract of land containing 1,045.128
Acres being a part of the original Crown
Grant to Thomas Fraizer situate im the vicinity
plan now filed in the Gepartment of Lands and Surveys as Plan 5142 of Carmichael Pond and Sandy Point and
HP. otherwise known as ‘The Fraizer Tract’ as
well as “Carmichael’ on the Western End of
the Island of Rum Cay one of the Islands of
the Commonwealth of the Bahamas and ALL
THAT tract of land containing 1,526.41 Acres
being a part of the original Crown Grants to
Andrew Deveaux, Benjamin Lord Jr, and
William Slater in the vicinity of Hartford Caves
on the Northern Coast of the Island of Rum Cay
one of the Islands of the Commonwealth of the
Bahamas.

running therean 10) ft; and southwardly by a public road reservation
known 25 Mulatto Place running thereon 60 ft. This bot is shown on a

The Petition of ROSEMARY HART aims that she has held possession of
the said hereditaments for the last thirty (30) years and that
accordingly ne dower or ather right affects her tithe to the same; and
further that there are no charges, encumbrances, or monetary liens
attached to the said hereditaments which affects her tit: to the land.
AND FURTHER TAKE NOTICE that Rosemary Hart, the Petitioner, has
presented a Petition to the Supreme Court to have her tithe to the land
investigated determined and declared under the quieting titles act 1954

[Ch.357) Statute Laws of the Bahamas

Raleigh I. Butler Sr. claims to be the owner of the
fee simple estates in possession of the said lands and has
applied to the Supreme Court of The Bahamas under 8.3
of the Quieting Titles Act, 1969 in the above action to
have its title to the said lands investigated the nature and
extent thereof determined and declared in a Certificate
of Title to be granted by the court in accordance with
provisions of the said Act. Copies of the said plans may
be inspected during normal office hours at the Registry
of the Supreme Court, East Street, N.P., and at the
Chambers of C.F. Butler & Associates, Charles E. Carey
Building, Dowdeswell Street, Nassau, Bahamas.

during the marmal office hours at the following places situated

within the Island of New Providence, The Bahamas:
Registry of the Supreme Court located 2â„¢ Floor of the Ansbacher
House, East Street [North

1, Department of Lands & Sureey located East Bay Street and

t The Chambers of Hanna Johnsen & Ca, located Hawking Hill on its
Eastern Side, (Travelling north it is the 7° structure after passing

the Department of iemigration's [Adetional) Parking Lot.

NOTICE is berets given that any person having dower or right to
dower or any adverse claim or a claim mot recognized in the said NOTICE IS HEREYBY GIVEN that any person
I having dower or a right to dower or any adverse claim
not recognized n the Petition shall before the 2â„¢ day of
May A.D., 2011 file in the said Registry of The Supreme
Court and serve the Petitioner or the above C.F. Butler
& Associates a statement of such claim in the prescribed
form verified by an Affidavit to be filed herewith.
Failure of any such person to file and serve a statement
of such claim by the above time will operate as a bar to
such claim.

Petition st file in the
Supreme Court RINE Siry located 2” Floor of the Arshacher Hust,
East Street (North) and serve on the Petitioner, through her
Artorneys a statement ol bison her clin in the prescribed fern
verified by an Affidavit filed therewith, Failure of any such person to
file and serve a statement of his or her clan on i

11 shall operate as a bar to such claim,

Dated this 22â„¢ day of February, A.D., 2011

C.F. BUTLER & ASSOCIATES
Chambers

Top Floor, Charles E. Carey Bldg.
Dowdeswell Street

Nassau, The Bahamas

This Natice & pubvnbed by Geter of the Court dated November 25°,
ALD, ADO by Ave Lordship Sv iefichee! Bannett ond i polihed at the
instance of the Petitioner's Attorneys Messrs. Homa Jofsan & Co,
whose Chambers are located Howkins Ail (North), Mew Providence,
The Bohan aad moy be contacted of (242)-325-0159 ov (242)-325-

6168.

Attorneys for the Petitioner

= FG CAPITAL MARKETS
5 BROKERAGE & ADVISORY SERVICES

ROYAL FIDELITY

Moray al Werk

BISX LISTED & TRADED SECURITIES AS OF:
TUESDAY, 8 MARCH 2011
BISX ALL SHARE INDEX: CLOSE 1,456.20 | CHG 0.32 | %CHG 0.02 | YTD -42.99 | YTD % -2.87
FINDEX: YEAR END 2008 -12.31%

WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

52wk-Low Securit_y Previous Close Today's Close Change Daily Vol. Div $
0.95 AML. Foods Limited 1.04 1.09 0.05 0.123
9.05 Bahamas Property Fund 10.63 10.63 0.00 0.013
4.40 Bank of Bahamas 4.50 4.50 0.00 0.153
0.17 Benchmark 0.18 0.18 0.00 -0.877
2.70 Bahamas Waste 2.70 2.70 0.00 0.168
1.96 Fidelity Bank 1.96 1.96 0.00 0.016
9.44 Cable Bahamas 10.21 10.21 0.00 1.050
2.35 Colina Holdings 2.40 2.40 0.00 0.781
5.80 Commonwealth Bank (S1) 6.80 6.80 0.00 0.488
1.90 Consolidated Water BDRs 2.16 2.24 0.05 0.111
1.40 Doctor's Hospital 1.40 1.40 0.00 0.107
5.25 Famguard 5.25 5.25 0.00 0.357
5.88 Finco 5.88 5.88 0.00
8.77 FirstCaribbean Bank 9.39 9.39 0.00
4.57 Focol (S) 5.40 5.40 0.00

0.682
0.494
0,452

1.00 Focol Class B Preference 1.00 1.00 0.00, 0.000

5.50 ICD Utilities 7.40 7.40 0.00 0.012

9.80 J. S. Johnson 9.82 9.82 0.00 0.859
10.00 Premier Real Estate 10.00 10.00 0.00 1.207

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Security Symbol Change Daily Vol. Interest
Bahamas Note 6.95 (2029) BAH29 99.46 0.00 6.95%
Fidelity Bank Note 17 (Series A) + Feet? 100.00 0.00, 7%
Fidelity Bank Note 22 (Series B) + FBB22 100.00 0.00, Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00, 7%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid ® Ask ® Last rire Daily Wo.
Bahamas Supermarkets N/A N/A 14.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds
Fund Name NAV YTD%

CFAL Bond Fund 1.5179 5.51%
CFAL MSI Preferred Fund 2.9486 0.04%

1.5141 CFAL Money Market Fund 1.5837 0.61%
2.8522 Royal Fidelity Bahamas G & | Fund 2.7049 -0.56%
13.0484 Royal Fidelity Prime Income Fund 13.4164 0.44%
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 2
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

S2wk-Hi S2wk-Low
99.46
100,00
100,00
100,00

100,00.

Last Sale
20 November 2029
19 October 2017
19 October 2022
30 May 2013
29 May 2015

EPS $
-2,945
0.001

Div ® P/E
0,000
0.000

S2wk-ILovww

4.540
0,002

0.000
0.000

NAV GMTH
1.475244
2.910084
1.545071

NAV 3MTH
1.498004
2.918256
1.564030

Last 12 Months %
6.90%
1.45%
4.59%

-15.54%
3, 19%,
12.49%
7.18%
5.20%
4.73%
5.35%

30-Nov-10
28-Feb-11
11-Feb-11
31-Jan-11
31-Jan-11
30-Jun-10
30-Sep-10
31-Dec-10
31-Dec-10
31-Dec-10

1.4076
2.8300

107.570619
105.776543

114.3684
106.5528
1.1465

9.98%
4.75%
5.20%
4.73%
5.35%

109.392860
100.779540

1.0000,
1.0000
9.1005

4141188
1.1491

9.7950 4.85% 5.45% 30-Nov-10

10.0000

10.6417 -1.20% 0.50% 30-Nov-10

9.1708
31-Jan-11

31-Jan-11

10.1266 1.27%
8.4510 0.72%
MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity
ASk $ - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - 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

1.27%
4.8105 9.95%
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wicHi - Highest closing price in last 52 weeks
52wk-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 eamings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
S41) - S3-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

could be restored to Grand
Bahama will be diminished,
and it will mean we have to
work harder on achieving
what it is we are trying to
achieve,” said Mr Vanderpool
Wallace.

“That is something we are
still working out the details
on with the new management
there, and we certainly have
gotten a great deal of cooper-
ation with them so far.”

Maximising “value” to
would-be travellers to the
Bahamas - essentially lower-
ing costs or enhancing what
visitors feel that they get for
their dollar - has been a major
focus of the Ministry of
Tourism’s strategy to attract
more arrivals to this nation
during economically dire
times. Promotions such as the
‘Companion Fly Free’ deal
,which allows an internation-
al visitor to get a free airfare
to the Bahamas if they and a
friend/partner stays at a hotel
for aminimum of four nights,
have been key elements of
this strategy.

The Tourism Minister
declined to elaborate on any
plans that may have been
shared with him by the
resort’s owners to boost its
flagging performance levels,
but he added that his Ministry
will now “work with (the
hotel) to help restore them to
where they were”.

Mr Vanderpool-Wallace
added that the Government
was supportive of the deci-
sion by Hutchison Whampoa
to have those “ultimately
responsible for the property
really much more concentrat-
ed on island than they were
before” as it seeks to improve
business levels at the resort.

“We certainly believe in
this group, which is trying to
move things along, and we
will do our best to work with

Our Lucaya closure strategy
‘diminishes price competitiveness’

them to make that happen.
We believe the formula they
have come up with now,
where all of Hutchison’s hold-
ings on Grand Bahama are
under one vision as opposed
to the separation that was
there before, will help,” said
the Minister.

Tribune Business under-
stands that Hutchison Wham-
poa has restructured its
Grand Bahama interests
under the Freeport Container
Port, placing them under the
ultimate control of Hong
Kong-based John Meredith,
head of the conglomerate’s
global ports operations,
Hutchison Port Holdings.

Hutchison Whampoa’s oth-
er interests in Grand Bahama,
besides Our Lucaya, include a
50 per cent interest in the
Freeport Harbour Company,
which owns the Grand
Bahama Airport, 50 per cent
in the Grand Bahama Devel-
opment Company (Devco)
and a majority holding in the
Freeport Container Port.

On Friday, resort execu-
tives at Our Lucaya con-
firmed that more than 200
staff would lose their jobs at
the resort, leaving around 550
still employed.

The resort will now consol-
idate its operations in the
Breaker'’s Cay and Manor
House section of the property,
while the other two hotels,
including the Reef Village will
be closed.

"Primary in our improve-
ment plans is an aggressive
marketing and promotional
campaign and _ possible
restructure of the resort. We
remain excited about Grand
Bahama's future and will con-
tinue to demonstrate our con-
fidence in the tourism growth
and economy of the
Bahamas," a statement from
the company said.

NOTICE

NOTICE is hereby given that FANEL ETIENNE of FIRE
TRAIL ROAD is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 2"¢ day of March, 2011 to the Minister responsible for
nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that NISSAGE DENAVE of
SPANISH WELLS, ELEUTHERA, BAHAMAS is applying
to the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the
facts within twenty-eight days from the 2" DAY of MARCH,
2011 io the Minister responsible for nationality and Citizenship,
P.O. Box N-7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that OBSAINT GEORGES of
FOX HILL, NASSAU, BAHAMAS is applying to the
Minister responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person
who knows any reason why registration/naturalization should not
be granted, should send a written and signed statement of the facts
within twenty-eight days trom the 9" day of March, 2011 to the
Minister responsible for nationality and Citizenship, P.O. Box N-

7147, Nassau, Bahamas.

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
N* 46 of 2000

CRESCENT TRADING LIMITED

(IBC N° 151792 B
(In Voluntary Liquidation)

NOTICE is hereby given in accordance with Section 131(2)(a)
of the International Business Companies Act N° 46 of 2000,
CRESCENT TRADING LIMITED is in Dissolution.

Any person having a Claim against the above-named Company
is required on or before 2nd May 2011 to send their name, ad-
dress and particulars of their debt or claim to the Liquidator of
the Company, or in default thereof they may be excluded from
the benefit of any distribution made before such claim is ap-
proved.

Rosana Hollins of Suite 2B, Mansion House, 143 Main Street,
Gilbraltar, is the Liquidator of CRESCENT TRADING LIM-

ITED.
THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 9B



SS



ing friend a few weeks ago

and offered him some
heirloom tomato seeds. He
showed no interest. “I only
grow hybrids,” he told me.
“They are good and reliable.”
He had a point.

Hybrid tomatoes usually produce
well, while heirloom tomatoes can
seriously disappoint when it comes
to a good harvest. This exchange led
me to think about the pros and cons
of both types.

Hybrid seeds are produced by
cross-pollination in order to estab-
lish defined characteristics. Heirloom
tomatoes are open pollinated and
their forebears have been around for
many years, well over a hundred
years for some. Had I counted my
tomatoes at Christmas time I would
have found a 3:2 ratio of hybrids over
heirlooms because hybrids tend to
produce quickly and I used them for
my first crops. Now the majority is
definitely heirlooms.

[i talking with a garden-

Practically all hybrid tomato vari-
eties are determinate, meaning that
they produce all of their fruit at one
time and then die. Most heirlooms
are indeterminate and fruiting is stag-
gered over a long period, usually with
diminishing returns. I have often
pulled up plants that still had one or
two tomatoes attached which were a
long way from ripening.

Hybrid tomatoes are usually of a
uniform shape and size, all seeming-
ly pressed from the same mould.
Heirloom tomatoes have quite a bit
of character and no two seem to look
quite alike. Not all their shapes are
appealing; they are often lopsided

RELIABLE: A selection of heritage tomatoes including Cherokee Purple, Jubilee, Black Krim and Cuban.

Heirlooms or hybrids?

and parti-coloured. Some people look
at black heirlooms and resolutely
refuse to sample a slice.

I have already mentioned that
hybrid tomatoes are vigorous and
regular. This is important more to a
farmer than a gardener because when
all the crop is at the same stage of
growth the time for reaping is easily
calculated and the harvesting can be
done in one pass. Heirloom tomato
vines may be with you for most of
the growing season, taking up far
more space than they really should
when you calculate the returns.

One of the characteristics added
to hybrid tomatoes is disease resis-
tance. Tomatoes are prone to a great
number of diseases and many of these
diseases can be negated by using the
correct variety of tomato. Farmers
do not want to lose a complete crop
to disease so they invest in varieties
that are well protected. Gardeners
tend to grow several different vari-
eties of tomato and the loss of one set
would be annoying but not a disaster.

Some heirloom tomatoes do have

The Bahamas
own home
grown models.

Who would not
visit the islands
of the Bahamas
if there was a
chance of catch-
ing a glimpse

of one of

these glorious
young ladies.

inherent disease resistance but in gen-
eral they are innocents at large. I
must say that I have never lost any
heirlooms to any disease other than
nematodes. They may not be disease
resistant but as long as they are well-
fed and healthy they can survive very
well.

If you have been mentally tallying
the merits of hybrids over heirlooms
you no doubt have hybrids well ahead
by now. The last factor to be consid-
ered may change everything.

Why do you think those heirloom
tomatoes have been around for 25, 50
or 100 years? It is all because of the
taste. Heirlooms are heirlooms
because the seeds of the finest tasting
fruits were saved and used year after
year. There is no such thing as an
insipid heirloom.

During February a lady friend
tasted a black tomato — Black From
Tula — for the first time. “That’s a
tomato!” she enthused. “Wow!” She
then went on to suggest you could
have heirloom tomato tastings just
like wine tastings.

Hybrid tomatoes taste good and
are very satisfying — until you match
them up against an heirloom. Try a
slice of Big Boy or Early Girl, then
try the very similar looking Brandy-
wine. Point made.

On the lighter side, heirlooms usu-
ally have better names than hybrids.
The hybrid names are very pleasant
but seem to have been selected by
committee. Heirloom tomatoes have
wonderful names that often hint at a
story: Anna Russian, Break o’ Day,
Box Car Willie, Cherokee Choco-
late, Earl of Edgecombe, Kellogg’s
Breakfast, Mortgage Lifter, Omar’s
Lebanese, Pink Ping Pong, Riesen-
traube, Sophie’s Choice and Wins
All are examples.

If you have never grown heirloom
tomatoes, why not give them a try.
Just like Proust’s Madeleine, the
taste may take you back to the time
when tomatoes tasted like real toma-
toes instead of mushy cardboard.

¢ gardenerjack@coralwave.com

ust a few images of what we the
Bahamas looked like 40...50...60...

years in the past

BY ROLAND ROSE


PAGE 10B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



SS



The Tribune





Kate vs Catherine
- the Royal
name dilemma

By GREGORY KATZ and
SHAWN POGATCHNIK
Associated Press

CALL her Kate, at least for
now.

It may be years before Kate
Middleton becomes queen, but
questions are already being
raised about the princess-to-be's
preferred moniker: Queen Kate
or Queen Catherine?

Ever since her engagement
became official in November,
palace officials — and her
fiance, Prince William — have
taken to calling her Catherine,
which is the name used on the
official, gold-embossed invita-
tions to their nuptials at West-
minster Abbey on April 29.

"Catherine" sounds more for-
mal, regal and fitting for a future
queen, experts say.

But Middleton herself may
not embrace the change just yet.
During a joint visit Tuesday with
Prince William to Northern Ire-
land, Middleton mentioned
casually that she thinks of her-
self primarily as Kate.

"I'm still very much Kate,"
said Middleton, when a woman
outside Belfast City Hall asked
her what name she preferred.

The "Kate" versus "Cather-
ine" debate has emerged in
recent weeks because of
William's switch in using it and
because "Catherine" or the ini-
tial "C"' is being imprinted on
officially sanctioned wedding
memorabilia and commemora-
tive china.

"T think that Catherine does
have a more historic feel to it;
there have been several queen
consorts called Catherine in
British history," said Charles
Kidd, editor of the blue-blood
bible Debrett's Peerage. "So
Queen Catherine does sound
quite familiar. It has a historic
ring to it.”

He said Kate also sounds
pleasant but reminds him of the
feisty character in "Kiss Me
Kate,” a Cole Porter musical
that features William Shake-
speare's play "The Taming of
the Shrew."

"T imagine she'll be known as
Catherine but the tabloids and
majority of the press will con-
tinue to call her Kate, so in the
general sense she'll be known
as Kate," he said.

According to the official roy-
al wedding website, which has
already received more than two
million visits since it started up
last week, Middleton does not
prefer one name over the other.

It says Middleton used the
name "Catherine" when she was
growing up with her family but
tends to use the more casual
"Kate" in her professional life.

"Miss Middleton uses both
names equally, and she has nev-
ert expressed a preference for
either Catherine or Kate since
her engagement," the website
states.

Most of the popular British
press still call her "Kate," and
headline writers are not expect-
ed to change.



NCO irachine

Porgy and Bess



By CARA BRENNEN-BETHEL
Tribune Features Editor

he Nassau City Opera
[company gavea sneak

preview of what can be
expected when they present
their version of the legendary
Gershwin opera Porgy and Bess
in July at a special cocktail
launch at the Nassau Art Gallery
last week.

Attendees were treated to a special
wine and cheese reception, before
hearing a brief synopsis of the opera’s
plot by NCO artistic director Dr
Cleveland Williams and several selec-
tions from cast members.

“With this evening's performance
of Porgy and Bess, our vision is
accompanied with a burning desire
to experience the on-going develop-
ment of Nassau City Opera as a self-
sustaining dynamic, high quality,
regional, resident opera company
deeply involved in the enrichment
and the quality of life of the youth
and community of Nassau by provid-
ing and ensuring performance excel-

lence in opera,” Dr Williams
explained.

Porgy and Bess will be the second
full length performance by the group,
since they presented the well received
Treemonisha by Scott Joplin during
2009 as part of the official 36th
Bahamian Independence Day Cele-
brations and Dr Williams promised
that attendees will not be disap-
pointed. He explained that Porgy and
Bess is usually performed to sold out
crowds around the world due to its
overwhelming popularity.

The Bahamian version, he vowed
will be a first class performance that
will intrigue audiences. The company
will receive musical assistance from a
group of talented string musicians
from Canada who will come to Nas-
sau and complete the Bahamian
orchestra for the opera.

Dr Williams is appealing to corpo-
rate Bahamas and fellow Bahamians
to become “Friends of Nassau City
Opera” and lend their financial and
moral support; which will greatly
assist the company's artistic growth
and continued performances in the
Bahamian community.

Porgy and Bess tells the story of
Porgy, a disabled black beggar living
in the slums of Charleston, South
Carolina. It deals with his attempts to
rescue Bess from the clutches of
Crown, her violent and possessive
lover, and Sportin' Life, the drug
dealer and deals with themes of love
and abuse. It is based on Dubose
Hayward’s novel Porgy. It was first
performed in 1935, but received its
acceptance as a legitimate opera in
1976 when it was presented by The
Houston Grand Opera.

It’s more familiar songs include
Summertime, It Ain’t Necessarily So,
Bess, You is My Woman Now, I
Loves You Porgy and Oh I Can’t Sit
Down.

THE CAST WILL INCLUDE:
PORGY- Cleveand Williams/ Antoine
Wallace

BESS - Candice Bostwick and under-
study Fabienne Brown-

SERENA - Nikitia Thompson/ Annette
Dorsett

CLARA - Portia Barnett/Liza Fritz Charles
CROWN - Kermit Strachan/ Darrell
Hurston



BES PERFORMANCE:
Members of the cast
of Porgy and Bess
perform at the official
launch of the opera
held at the National
Art Gallery last week.
Amoung their selec-
tions was one of the
opera’s most famous
songs - Summer-
time.

Without ‘Men,’ is Charlie Sheen winning or losing?

By LYNN ELBER
AP Television Writer

CONSIDER two parallel
universes: Charlie Sheen is des-
tined to hit rock bottom after
being fired from the best job
he'll ever have; Charlie Sheen
has been freed to blaze a new
path to dazzling fame and rich-
es.

Speculation about the duel-
ing scenarios swelled after
Warner Bros. Television said
Monday that Sheen's services
on "Two and a Half Men" had
been terminated, effective
immediately, following "careful
consideration."

The studio said it’s yet to
decide the fate of TV's top-rat-
ed comedy which, under
protest from Sheen, halted pro-
duction for the season to allow
the hard-partying actor to seek
treatment for admitted drug
use.

During his bitter tug-of-war
with the studio, attention
focused on whether he was on
the verge of killing his career.
Imperiling a hit show and a job
that paid a reported $1.8 mil-
lion an episode — or earning

him north of $43 million a year
— must be Sheen's undoing,
observers said.

Not so fast, say others.

"At this point, all bets are
off regarding where his career
goes from here,” said Paul
Levinson, a Fordham Univer-
sity media professor.
"Although nothing is certain
where fame and celerity are
concerned, Sheen's ubiquity in
the past few weeks suggest that
he could indeed go on to
become a bigger superstar than
(the sitcom) could ever had
made him."

Opportunity already may
have come knocking.

Sheen, 45, met with execu-
tives at Live Nation Entertain-
ment on Monday and is con-
sidering a series of stage shows,
celebrity website RadarOnline
said. Calls and e-mails to the
concert promotion company
weren't returned Monday.

The road beckoned another
performer who clashed pub-
licly with his employer: Conan
O'Brien went on a nationwide
concert tour after exiting
NBC's "Tonight" over network
plans to move the show.

Sheen also intends to sell a
line of merchandise, including
T-shirts, hats and mugs, embla-
zoned with his catch phrases,
the website said. It's aimed at
displacing what he called the
"posers and bootleggers" mak-
ing money off "Winning,"
"Adonis DNA" and his other
memorable utterances,
RadarOnline reported.

The firing capped a rarely
open, raging battle between a
Hollywood star and those who
employ him, with Sheen claim-
ing the right to live as he
pleased — including the
acknowledged use of illegal
drugs, although he's said he is
currently clean — as long as he
showed up sober and ready to
work.

"Two and a Half Men,”
which debuted in 2003, stars
Sheen as womanizing bachelor
Charlie Harper, who creates an
ad hoc family with his neurotic
brother, the divorced Alan
(Jon Cryer) and Alan's son,
Jake (Angus T. Jones).

Sheen's life has long been
rocky but — either despite of
that or because of it — viewers
embraced him.



Tr



INA Aug. 2, 2010 file photo, Charlie Sheen waves as he arrives at the
Pitkin County Courthouse in Aspen, Colo., for a hearing in his domes-
tic abuse case. Warner Bros. Television says it has fired actor Char-
lie Sheen from the hit sitcom "Two and a Half Men."The studio that pro-
duces the CBS series said the decision was made after "careful con-
sideration." (AP)





MARCH 9 - MARCH 11
BTTO’S TALENT
EXPLOSION

SEARCH

¢ The Bahamas Talented
Youth Organisation invites
young men, ages 13-17, to be
individual participants or
groups in the Talent Explo-
sion taking place in April.
Participants will be divided
into three categories of
singing, dancing and instru-
ments. Winners receive a
grand prize of $500 and go
on to perform at the finals of
the Miss Bahamas Talented
Teen Scholarship Competi-
tion. Entry fee: $50/per
entry form. Email: talented-
teenbahamas@yahoo.com
Telephone: 341-7330.

MARCH 10-THURSDAY
COB’S CAREER

AND JOB FAIR

¢ The College of the
Bahamas Counselling and
Health Services department
hosts a Career and Job
Placement Fair under the
theme “Jobs for the Present,
Careers for the Future”,
10am-4pm at Independence
Park. See

http://www.cob.edu.bs

Peewee enrearareacevereerene

MARCH 12 - SATURDAY
NWCCU’S

OPEN HOUSE

¢ The National Workers
Co-operative Credit Union
presents an open house that
showcases its services and
products, 10am-6pm. Tele-
phone: 326-5806.

MARCH 12 - SATURDAY
SWAGGARIFIC
EXTRAVAGANZA:

“ZEBRA AFFAIR”

¢ Sky Juice King presents
the black and white edition
of the Swaggarific Extrava-
ganza at Club 112. Music
provided by Outta Road
King Studda alongside War-
rior Sounds, One Touch, DJ
Tank and Lil Dwight. Cost:
$10/ladies; $15/gents.
MARCH 12 - SATURDAY
6TH ANNUAL
UNCLE LOU ROAD

RACE & WALK

¢ St Augustine's College
Alumni invites you to take
part in the 6th annual Uncle
Lou Road Race and Walk
that begins 6am from Raw-
son Square with male and
female categories from
under-15 to 50-and-over.
Entry fee: $15.

Peeeereereevrecrerenenvereerere

MARCH 14 - MONDAY
“CHAPTER 34”:
POPEYE’S
BIRTHDAY
CELEBRATION

¢ Popeye Productions and
Club 40/40 present “Chapter
34”, a birthday celebration
for Popeye, 10pm at Club
40/40, Carmichael Road.
Cost: $10/ladies; $15/gents;
$25/VIP includes free drinks
and hor 'd'ouvres. Music
provided by Mighty Pencil,
DJ Fines, Dion Da Butcha,
Big “L” and special perfor-
mances by The Smooth
Criminals, Juice Unit
Dancers and Popeye and Da
Caribbean Dancers.

share
your
news

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

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





Gossip Corner

¢Ya Hear Kanye West recent video for “All of
the Lights” was banned from Youtube? Appar-
ently the controversial video has been removed
from Youtube as it is believed that its content
poses danger for persons with epilepsy. The video
was removed after Epilepsy Action expressed its
concern that it may be harmful to some people
with photosensitive epilepsy.

¢Ya Hear Nelly & Kelly, you know the two
singers who had that big hit “Dilemma” back in
the day. They are out with their spanking new hit
"Gone", its a sequel to the 2001 smash hit" Dilem-
ma." You guys should check it out, it's great. By
the way, they are not a couple but they would
make a beautiful couple, keep it up guys!

¢Ya Hear Will Smith's little girl Willow Smith
appeared on Oprah the other day broadcasting
and performing her new song "21st Century Girl".
Tam a big fan of the Smiths but I really think lit-
tle Willow should be in school, she is way too
young for all of this exposure. Fans are saying
the single is not as big as her last song "Whip My

Hair,"

but it has a ring to it. It is more generated

to the younger crowd like herself, I'm not mad at


















eae

you Willow, do your thing girl!

¢Ya Hear Chris Brown is
on the web in the nude? It’s
bad enough that he is always
catching fire for some of his
tweets on Twitter, and now
he is the centre of a naked
photo scandal. A full-
frontal nude photo of
the star emerged
online on Friday

night.
Taking it to
Twitter.com
Brown tweeted:
“Another day!!
Another les-
son! Another
party!! I’m so
thankful to

I
Faia have the
: support of
r—

‘

earvernnneesent

ne my fans with
5 my music!”

X

\

Hop Songs

>

>

>

>

>

>

>

9

>

>

MOMENT 4 LIFE
Nicki Minagj Featuring Drake

FALL FOR YOUR TYPE

Jamie Foxx Featuring Drake

6 FOOT 7 FOOT
Lil Wayne Featuring Cory Gunz

LOVE FACES
Trey Songz

LOOK AT ME NOW

Chris Brown Featuring Lil Wayne
& Busta Rhymes

PRETTY GIRL ROCK

Keri Hilson

NO BS

Chris Brown

ALL OF THE LIGHTS
Kanye West

YOU BE KILLIN EM

Fabolous

CAN'T BE FRIENDS
Trey Songz

LAG Seeeeen oe

& ENTERTAINMENT



2
| &
| Oo ,
|Z !
14 ~F )
| PP
| 5 \
+ a fh
| Bae

wi \

By FARAH

eteacecccrccreasensnccearenceasaaeanseereneere

tired of doing nothing! The

reality TV star stepped into
another facet of the entertain-
ment industry- she released her
debut single Jam (Turn It Up).

[ie Kim Kardashian is

The upbeat dance track was produced and
written by singer and songwriter The Dream.
And while the song is an epic failure, sales
from it will go towards a long-standing chari-
ty.

es good friend Ciara encouraged her to
harness her musical skills. But I guess misery
loves company since Ciara isn’t doing that
well with her music either.

However, we can’t escape the fact that it is
a good gesture by Kim K, but maybe a she
should have taken another route if giving back
to charities was something that she held close
to her heart (but like they say different strokes
for different folks).

While “Jam” is not the worst debut single
from a reality star, Kim could have given a lit-
tle more effort. Maybe if Kim didn’t sound
so boring and lifeless it would have at least
made up for the cheesy lyrics.

“?’mma burn it out tonight, it’s goin’ down

by live via satellite and all | see is angels in my eyes
and the buzz got me way up in the sky.

Maybach in the front (the front), pick out any boy
that | want (1 want),

DJ here | am feeling good, feeling great, just got
paid.”

The song had the potential to be a fun hit,
but if she didn’t sing it like she was thirsty
she wouldn’t be getting so many negative com-
ments from listeners. Kim showed just how
hard it was to be recording artist.

“Tm human, [ve never sang before! This is
definitely something I don't do, so for me to
step outside of my comfort zone and do this—
world premiere it on KIJS FM with Ellen and
Ryan Seacrest, this is a really big deal!” she
explained.

I must give her credit for taking such a brave
leap leaving herself open to criticism by others.
But hey we can’t kill her for trying. And beside
how would she have known that she has _
no real future as a recording artist if she
didn’t try. Now that she gotten that out
of the way she can try something new.

Kim K has committed to the song y
as she is gearing up for the premiere
of the video this Sunday.

And just a suggestions maybe her
stepdad Bruce can do the remix to
“Jam”.

Kim Kardashian is known most
infamously for a sex tape with R&B
journeyman and reality star vet Ray J.
Her family’s reality show Keeping Up
With The Kardashians is one of cable
network E!’s most popular shows.



WEDNESDAY, MARCH 9, 2011, PAGE 11B





I’m human,
Ive never sang
beforel This is
definitely some-
thing | don't do, so
for me to step out
side of my comfort
zone and do this—
world premiereit
on KIIS FM with
Ellen andRyan
Seacred, this is a
really big deal.






















Circo,

By LESH

In Ya Ear Idol Recap
BASED on the viewers votes,
the top 10 were revealed to Ameri-

ca last week. The two long hours
consisted of 14 contestants being
cut from the show, but three were
saved as they competed for the
judges wild card spots. Ashton, Ste-
fano and Naima sang their hearts
out as they competed for the wild
card picks.

Although nervous, Ashton came
out with all her confidence and
sang the famous Dream Girls song,
"And I Am Telling You." She real-
ly wanted to convince the judges
that she was not leaving that stage
without a yes. Ashton is a favourite
of mine, I was very shocked when
she was not picked for the top 10
from the start, I am sure others
were just as surprised also. Ashton
fought herself into the top 13 with
the song she had chosen, go Ash-
ton!

Stefano also had a point to prove
when he was not initially chosen for
one of the top 10 spots, he came
out in the wild card picks and sang
"I Need You Now," for the judges,
a very inspiring song. [am happy
that he got his second chance to be
in the top.

A fan favorite, Naima sang "For
all we know," for the wild card
judges, and you can tell she wanted
to be there by the tears that rolled
from her eyes as she sang her heart
out performing that song, she really
wanted it and she got her second
chance.

In the midst of it all, Jennifer
Lopez premiered her new video for
her single " On The Floor," which
was very entertaining. J lo "still got
it," at her age. This week, AI fans
can be on the look out for a few
celebrities to make appearances on
the results show after the top 13
take to the stage. Rumor has it that
former idol, Adam Lambert will be
performing on the show this week.
Also, performances by Diddy Dirty
Money and David Cook.

The Elimination

RESULTS



Al 2011 TOP 10
* SCOTTY MCCREERY
* JACOB LUSK
* CASEY ABRAMS
¢ PAUL MCDONALD
e JAMES DURBIN
* PIA TOSCANO
e LAUREN ALAINA
* KAREN RODRIGUEZ
¢ THIA MEGIA
* HALEY REINHART

Al WILD CARD JUDGES PICKS
¢ ASHTHON JONES
¢ STEFANO LANGONE
* NAIMA ADEDAPO

PN DAW



“Pretty pretty please,
don't you ever ever
feel

Like you're less than,
less than perfect

Pretty pretty please, if @
you ever ever feel like
you're nothing, you

are perfect a



TO AS IN THIS NEW EXCITING SECTION CALL 502-2394,







Mahogany House's philosophy of keeping it simple and staying
close to the earth is delivering a unique dining experience.

T MAHOGANY
House, simplicity
is something they

take very seriously.

Spurning the customary ocean
view and elaborate décor for a rus-
tic setting among native trees, this
new restaurant has gone back to
basics to redefine what it means to
eat well in Nassau.

Everything from the food, to the
wine, to the property itself, is true to
the ideal that an authentic fine din-
ing experience doesn't need to be
adorned with pretentious bells and
whistles — or obscene prices for that
matter.

Nor must a great restaurant
exude an air of inaccessibility.

"I've been in restaurants where I
feel uncomfortable," said manager
Chris Farnum. "I don't like to feel
that.

"The idea here was to create
something simple: good food for
good value, a place where you'd be
able to get a cocktail, to get a glass
of wine, a place anyone could come
to, a second home for people.”

But simplicity isn’t easy.

"When you strip everything down

to the basics, they better be great.
Taking food and making it simple
and great is harder,” Chris said.

It’s even more difficult when you
are aiming to keep all entrees under
$45 — most of them well under —
and a stock of 400 excellent wines at
very reasonable prices.

Yet in just three months, Chris
and his team have more than ful-
filled their ambitions — a fact which
the perpetually packed dining room
bears witness to.

The key to pulling it off is staying
close to the earth.

Self Sustaining

Mahogany House grows as many
of its own ingredients as possible.
Working in conjunction with local
produce company Lucayan Tropi-
cal, they have established 2,000
square feet of raised vegetable beds,
as well as a picturesque terraced
herb garden where basil, coriander
and tomatillos grow. Chris plans to
make this the setting of wine tastings
and pig roasts in the future.

The vast majority of the meat and
fish served at Mahogany House are
sustainable; sourced from farms that

use ecologically sound methods in
an effort to have as little impact on
the environment as possible.

This concern with leaving a light
footprint is also evident in the design
of the building in its 1.5 acre set-
ting.

Architect Thomas Schlesser of
Design Bureaux in Manhattan, New
York worked with a local architect
on the plans, which were more than
a year and a half in the making.

"The land was special, so the idea
was to make something that gave
people a sense of place,” Chris said.
"What usually happens is a bull-
dozer comes along and pushes
everything down before you start
building. But here, we only took the
trees down where the building sits.

“It's really easy to impose your-
self on a space, and it can work, but
the idea here was to do something
that fits, something that belongs.

"I want people to come in and
feel that they have discovered some-
thing. We wanted that historical tie.”

Much of the detailing is wrought
in the lustrous red wood for which
the restaurant is named, and which
itself has a deep historical resonance
in the Bahamas.

In Ya Ear: Kim
Kardashian
premieres Jai

see page 11

Though the effect is simple, every
detail was carefully considered —
right down to the seemingly casual
distribution of small herb bushes,
which were actually positioned
strategically to release bursts of fra-
grance when brushed by passers-by.

The first thing the customers see
when they approach the property
is its octagonal shop which sells
many of the ingredients used in cre-
ating the menu.

It stocks a wide selection of
gourmet coffees, aged artisan
cheeses, olive oils, and many of the
wines served in the dining room.

The shop sits above the Euro-
pean-style, gravel-floored wine cel-
lar, which doubles as a private din-
ing room seating 14 for an eight-
course meal paired with wines.

Chris has imported his selection
of choice wines from Italy, Spain
and France.

"The best wine is made in the best
environment. Like great food, it’s
the ingredients that make the dish,”
he said. “The best wine is organic,
unfiltered, and produced by little
growers who put their heart and
soul into making the best wine they

”

can.
Passion

Chris has a passion for educat-
ing people about food and wine —





especially his staff of 40, who are
all 30 years old or younger.

"A restaurant has to be a com-
plete learning environment,” he
said, explaining that at Mahogany
House, even the waiters get a
chance to learn their way around
the kitchen, so long as they display
the proper level of enthusiasm and
care.

"T tell them they've got to make
sure they are proud of every single
dish they put out,” Chris said.

He learned this approach to food
through experience. Born in a tiny
Iowa town of just 3,000, he started
working in restaurants when he was
18 to pay his way through college.

“Twas a bus boy, became a wait-
er, then moved to Chicago and
worked for big restaurant compa-
ny,” he explained.

Chris opened the very successful
Jane's restaurant in the trendy
neighborhood of Bucktown, Chica-
go in 1994. It became known as
one of the best restaurants in the
city.

Chris was working in the industry
when he met Mahogany House
owner, local hedge fund manager
Mark Holowesko.

He emphasised that the restau-
rant is Mark’s brain child and that
he played a vital role in the design
and development of the project.

“He deserves all the credit for
bringing it to life,” Chris said.





DELICIOUS: Chefs Dan Quirk (above left), 24 and Kevin
Getzwich (above right), 25 display their wares.

GRAND TOUR: eet House manager Chris Farnum gives
Tribune reporter Megan Reynolds a tour of the shop.


{T\

Pim blowin’ it

SOF
70F

SUNNY AND

HIGH
LOW

~ BREEZY

Volume: 107 No.90






aU a







Mum ’s plea for
paralysed son

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

A TEENAGER paralysed in
a horrific car accident two years
ago is reaching out to the com-
munity for help in getting treat-
ment which could help him
walk again.

Renaldo Bradford Gibson
and his mother Jacqueline Ford
were involved in a car accident
in March 2009 in which Renal-
do broke his second vertebrae,
leaving him unable to move any
part of his body.

“This has really left me in a
mental state,” Mrs Ford told
The Tribune yesterday. “All the
ups and downs of his case has
thrown me into depression
sometimes. My family has been
torn because of this.”

Remembering the day of the
accident, Mrs Ford said she was
pulling out of a corner on
Prince Charles Drive, on her
way to drop her son off to
school, when a truck hit the
passenger side of their car,
where Renaldo was seated.

Mrs Ford said she blacked
out for a few moments only to
wake up and find her son had
been thrown from the car and

was lying unconscious on the
pavement.

Taken to Princess Margaret
Hospital, Renaldo immediately
underwent emergency surgery
to stabilise his neck.

Mts Ford, who escaped with
minor injuries, received the
devastating news from doctors
shortly afterwards — her son
would never walk again and
would be ventilator-dependent
for the rest of his life.

Although he has remained
bedridden in hospital for the
last two years, 18-year-old
Renaldo has slowly regained
feeling all over his body and
now has some limited move-
ment in his legs, which doctors
initially told Mrs Ford would
not be possible.

Renaldo is still connected to
a ventilator, but Mrs Ford
believes that with further med-
ical treatment and rehabilita-
tion in the United States,
Renaldo may have a chance of
regaining some use of his legs
and even upper body.

"My son is a fighter and has a
desire to go on," said Mrs Ford.

She said she wanted PHM

SEE page 10

AUTO INSURANCE

.

Never start your

ance Management.
people you can trust.

A

| Gdhem =| = Exam
Te) SR | Od) S-3



WEDNESDAY, MARCH 9, 2011



ee

eS
a
SF

PST eS te

SECURITY AND INTELLIG

> —





REPORTS ‘SHOULD BE TREATED WITH CAUTION’

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

VETTING reports produced
by the Security and Intelligence
Branch are “often based on gos-
sip and trivia”, claims Fred
Mitchell, opposition spokesman
on the public service.

Appointments and promo-
tions in the public service are
often predicated on a “positive
vetting” score, but Mr Mitchell
said decision makers should
exercise their own judgment
and in some cases even “over-
rule an SIB report.”

He said he was not question-
ing the usefulness of vetting, but
said the reports should be used
with “caution.” The common
practice, he said, was for SIB
reports to be “elevated in the
minds of the bureaucracy to too



COMPUTERS LIMITED

high a level.”

“What we have to be careful
of is that gossip does not turn
into the official record of your
behaviour,” said Mr Mitchell.

He described the investiga-
tive process in producing an SIB
report as “going to the neigh-
bourhood where you live and
asking people what do you
know about the person.”

Superintendent Robert
Young, head of the SIB, did not
return messages asking him to
comment on Mr Mitchell’s
statement.

Credible allegations, infor-
mation about convictions or
undisclosed offences could rea-
sonably have a “material affect”
on a promotion decision, said
Mr Mitchell, but he cautioned
against using SIB reports as the

SEE page 10

day.



THE SALE OF BIC

PLP Leader Perry Christie
said last night that all PLP
MPs, and Senators will vote
“no” on the sale of BTC to
Cable and Wireless when the
matter comes to the House of
Assembly and the Senate.

Declaring before a crowd
of supporters at the party’s
rally at the Golden Gates
Shopping Centre that the PLP
will be calling for a “division”
on this issue, Mr Christie said
that they want Bahamians to
see and for history to record
“which of their representa-
tives” will vote for the “fire
sale of the national patrimo-
n pg

“I repeat: the PLP is
opposed to the sale of BTC

SEE page 10

4 Stores at Cable Beach & East Bay Se»
Sales: 242.996.0100 = Service: 242.394,1 115

Wa CU Stomcom puters. bs

solutions customcomputers.bs

NASSAU AND BAHAMA ISLANDS’ LEADING NEWSPAPER



PRICE —75¢ (Abaco and Grand Bahama $1.25)



MAN DISCOVERED
SHOT DEAD IN CAR

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT: As police on Grand
Bahama launched an investigation into
the island’s first homicide this year, a sec-
ond man was discovered shot to death in
his car in the Garden Villas area.

A 24-year-old man, who was stabbed
early Sunday morning at a Freeport night-
club, died at hospital on Monday, police
reported.

The young man, identified as Tamaro
Johnson, is a resident of Weddell Avenue,
where police discovered a second man
shot to death around 11.50pm on Mon-

It is not known whether the incidents

are connected and if the shooting was in
retaliation.

SEE page 10



SEEKING HELP: Renaldo Bradford Gibson pictured (left) before his
accident and (above) in hospital with his priest. Renaldo and his moth-
er Jacqueline Ford were involved in a car accident which left him
unable to move any part of his body.

ENCE BRANCH VETTING fU@iNAS{T sa Vil alas mana La (3108
aaa




mee aati
ea

PROGRESSIVE Liberal
Party supporters met last
night at a Golden Gates ral-
ly to hear presentations from
party officials.

Jerome Gomez, PLP can-
didate for Killarney said:
“My fellow Bahamians, these
are dark times in our beloved
Bahamas. We are being
attacked on every front.
Crime is at an all time high!
Unemployment is at an all
time high! The Bahamian
spirit is at an all time low!
Broken and battered by this
uncaring government. And
instead of lifting up the
Bahamian spirit, all this
FNM government wants to
do is to build roads. Roads

SEE page 10

KNOW-HOW

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Get the Training You Need to Succeed.
PAGE 2, WEDNESDAY, MARCH 9, 2011

LOCAL NEWS

THE TRIBUNE





CHURCH HOSTS CONFLICT RESOLUTION FORUM

FITy 7 ie LE s

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were full yesterday as well
known Bahamian psychia-
trist Dr Timothy Barrett
spoke about methods of
conflict resolution. The
monthly forum is sponsored
by the Community Coun-
selling and Assessment Cen-
tre.

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PROJECT ENGINEER Charlene Collie (centre) gives reporters an update of road works on East Street
and Robinson Road as ministry employee Latoya Walker (left) looks on.



















Robinson Road and
East Street junction
closed for road work

ROBINSON Road from
Key West Street to the
junction with East Street
remains under full closure
as road work continues on
this corridor.

“We're working towards
completing this area in
totality. We're connecting
to water mains and prepar-
ing to install four utility
service ducts,” said Min-
istry of Public Works pro-
ject engineer Charlene Col-
lie.

“The intention is to com-
plete the works from
beginning to end.”

Other works to be car-
ried out include installation
of signs and road markings.

“We're asking the gen-
eral public and business
owners to bear with us
while we try to complete
these works as quickly as
possible.

“On the eastern end of
Robinson Road (from
Claridge Road to Miami
Street) under full closure
we were able to complete
the works in a shorter time
rather than with traffic
moving at all times.

“The full closure is to

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maximise the safety of the
motoring public, pedestri-
ans and workers,” she said.

Diversion notifications
are in place.

Drivers are advised to
use the Independence High
Way to Baillou Hill Road
and Eighth Street to East
Street or continue to Bail-
lou Hill Road travelling
north and then use Inde-
pendence Drive to travel
east to Marathon Road

(using a portion of Robin-
son Road).

Access to local business-
es and homes will be pro-
vided, the Ministry of
Works said.

Drivers can expect to see
more closures in the
Robinson Road area as
work progresses west
towards Baillou Hill Road.

e SEE PAGE SEVEN

Nine appear in coutt
on drugs charges

NINE men were arraigned in a Magistrates Court on

Monday on drug charges.

Lathario Rose, 36, of Rupert Dean Lane; David Cole-
brooke, 49, of Jasmine Gardens; Dwayne Henderson of
Prince Charles Drive; Nathaniel Higgs, 26, of North
Eleuthera; and Jason Major, 26, of East Street, pleaded
not guilty to the charges of possession of dangerous drugs
with the intent to supply and importation of dangerous

drugs.

The men were arrested last Wednesday near Cay
Verde, Ragged Island after authorities intercepted some
boats and retrieved 852 pounds of marijuana.

Police estimated the drugs to have a street value of

$852,000.

The five men were arraigned along with four others on

additional charges.

Rose, Colebrooke, Henderson, Higgs and Major have
been charged along with Mario Moxey, 39 of Kemp
Road; Zintwan Duncombe, 25, of Fresh Creek Andros;
David Sweeting, 34, of Exuma; and Carlton Johnson, 31
of Kemps Bay, Eleuthera with conspiring to import and
conspiring to possess dangerous drugs.

The men all pleaded not guilty to the charges.

They were remanded to Her Majesty’s Prison and are
expected back in court on March 14.

share your news

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

for improvements in the
area or have won an
award.

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


THE TRIBUNE

LOCAL NEWS

WEDNESDAY, MARCH 9, 2011, PAGE 3



Abaco residents plan
protest against BEC

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

A GROUP of Abaco res-
idents are set to protest
against BEC this Thursday
over unresolved issues with
the island's power supply.

The scheduled protest will
come a week after BEC offi-
cials held a town meeting on
the island, where they
promised that "by hook or
crook" the community’s
electricity woes would be
dealt with by the summer.

As previously reported,
many on the island fear BEC
will not be able to keep its
pledge, forcing locals, sec-
ond home owners and other
tourists to grapple with inter-
mittent power cuts and a
consequent drop in business
yet again.

"Lots of business people
here feel they (BEC) are just
trying to satisfy somebody
(with words)," one business
owner told The Tribune yes-
terday.

"People feel they are get-
ting mixed messages. Last
week BEC said new lines
will be in by the summer —
that could mean as late as
September," added the

Concerns raised
over issues with
power supply

entrepreneur, who did not
want to be identified. "Next
month, are they going to say
something else?"

Another Abaco resident
said her business has
dropped by at least 20 per
cent because of dips in the
power supply. Meanwhile,
calls continue to pour in
from tourists who are wor-
ried their summer travel
plans will be blighted by
blackouts, she added.

"I do have a lot of cus-
tomers that have written to
me and asked are they going
to have to put up with it
again this year. We have a
marina with 10 rented slips
but we've lost two of our
long-term boats because of
the power fluctuations -
that's 20 per cent of our busi-
ness," said the hotelier.

"They keep saying it's
going to get better and I

think it would be a major
mistake and let down to
tourists and the residents if
they don’t get this sorted
out".

Last week, BEC officials
insisted that construction of
overhead transmission lines
for the Wilson City Power
Plant will be completed by
the summer — although no
exact date was given — a
move expected to alleviate
Abaco's power outages dur-
ing peak usage periods.

“We are going to get it
right this summer,” BEC
chairman Michael Moss told
the skeptical crowd.

Government is reviewing
bids for the installation of an
upgraded transmission line
capable of providing a con-
sistent power supply to Aba-
co residents. A contract
should be signed by the end
of this month.

NEW YORK RESIDENT SENTENCED TO FORFEIT THOUSANDS OF DOLLARS

A 30-YEAR-OLD New York resident
was sentenced to forfeit thousands of dollars

and be deported yesterday.

Alphousseyn Sylla, a Frenchman resid-
ing in the Bronx, was arraigned before Chief
Magistrate Roger Gomez in Court One,
Bank Lane, charged with failing to declare,
$23,076 and falsely declaring that he was
not leaving the country with more than

$10,000 cash.

It is alleged that Sylla, while at the Lyn-

den Pindling International Airport on Mon-
day, March 7, failed to declare 200 pesos,

equivalent to $16.15; 141 Riyal (Saudi cur-

ration.

rency) equivalent to $37.59; $1,584.70 in
US currency; and £2,254, equivalent to
$3,642 in US currency.

Sylla pleaded guilty to this charge, and
also pleaded guilty to making a false decla-

He was ordered to forfeit the cash and be

deported.

MP says Ingraham ‘interfering
in court’s process over costs’

PRIME MINISTER
Hubert Ingraham is inter-
fering in the court’s process
of determining costs in the
case of Cheryl Grant-Bethell
according to Fred Mitchell,
opposition spokesman on
the public service.

He said this days after
Prime Minister Ingraham
categorised a_ recent
Supreme Court ruling as a
defeat for Mrs Grant-
Bethel, and said the govern-
ment expects to be award-
ed costs.

Mr Mitchell said: “Here
are the facts on the issue of
costs. The matter of costs
has been reserved to the
March 18 court hearing.
Any comment then on costs
could well be interpreted as
an attempt by the executive
to tell the court what to do.
Mr Ingraham is a lawyer and
knows better.

“The issue of those costs
remains a matter for the
overall arguments on the
March 18 hearing and are
for the judge to decide, not
the prime minister,” he said.

The court refused most of
the positions filed by Mrs
Grant-Bethell in her appli-
cation for a judicial review
after being passed over for
the post of Director of Pub-
lic Prosecutions.

However, Senior Justice
Jon Isaacs did rule that Mrs
Grant-Bethell was treated
“unfairly” by the Judicial
and Legal Services Com-
mission (JLSC), and that her
appointment to the lesser
post of Deputy Law Reform
Commissioner was “irra-
tional”.

Mr Mitchell said yester-
day: “We all happen to think
that the prime minister’s
attack on the weekend was
unseemly and we wish to say
so in the public domain.

“In our eyes, in the view



FRED MITCHELL, opposition spaKsnianiet on the nubli¢ service.

of the press, in everyone
else’s eyes except the prime
minister’s, Mrs Grant
Bethell won her case. No
amount of shouting and
stamping by the prime min-
ister can change what the
court said about the conduct
of the Judicial and Legal
Services Commission,” he
said.

Mr Mitchell further called
on the prime minister to
“cease and desist” — threat-
ening that there may be
legal implications to some
of this remarks.

“The prime minister’s
remarks may be defamatory
and Mrs Grant Bethel is
presently having her lawyers

examine those comments
made at his press conference
at the Lynden Pindling
International Airport.

“He made certain charac-
terisations of Mrs Grant
Bethell which are inaccurate
and which may be defama-
tory. While she has no quar-
rel with the press, it is
incumbent upon all of us to
guard ourselves from being
co-conspirators in a con-
certed effort by the govern-
ment of the Bahamas to
besmirch her reputation.

“Suffice it to say that Mrs
Grant Bethel asserts that at
all times she spoke truthful-
ly to the court,” said Mr
Mitchell.

ee ae

John S&S. George
Palmdale



Construction on the new
overhead transmission line
is expected to begin in April
with a summer completion
date.

If the line is not in place by
the summer, BEC will rely
on the generators — which
are currently undergoing a
$1 million refurbishment —
at the Marsh Harbour Power
Station.

“At present we are fully
capable of providing 14
megawatts of electricity from
the Wilson City Power Sta-
tion via the existing trans-
mission line. Should, for any
reason, the transmission line
not be installed on time, we
are presently overhauling the
generators at the Marsh Har-
bour Power Station,"
explained Mr Moss at the
town meeting.

"One million has been ear-
marked for this project and
once completed the Marsh
Harbour Power Station will
have the capacity to supply a
minimum of 11 megawatts
(MW) of reliable electricity.
Wilson City and Marsh Har-
bour running simultaneously
will adequately meet Aba-
co’s peak demand of 25
megawatts,” Mr Moss said.

“By hook or by crook, res-

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PAGE 4, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

WEBSITE
www.tribune242.com — updated daily at 2pm

Equality for women a distant goal in world

EGYPTIAN women demanding equal
rights on the 100th anniversary of Interna-
tional Women's Day were shoved by men who
said they should go home where they belong.
Congolese women asked their government to
protect them from systematic rapes, and
women in Croatia who lost their jobs accused
the government of corruption.

But the centennial anniversary of the day
established by socialist women to promote bet-
ter working conditions, the right to vote and
hold public office, and equality with men, also
was marked Tuesday by festivities including
dancing in the street in South Korea's capital
and a 10-kilometer run by some 8,000 women
in Mexico City. Super-sleuth James Bond
actor Daniel Craig got into the act — trading
his signature suit for a flowing blonde wig,
print dress, pearls and heels for a short film
marking the day that highlights the inequalities
faced by women around the world.

Speaking at U.N. headquarters in New
York, Secretary-general Ban Ki-moon recalled
that 100 years ago "gender equality was a large-
ly radical idea.”

While progress since then should be cele-
brated, he said, "We must also remember that
— in too many countries and in too many soci-
eties — women remain second-class citizens,
denied their fundamental rights, deprived of
legitimate opportunity.”

Their second-class status was evident in
Cairo's now famous Tahrir Square, which pro-
testers who succeeded in ousting President
Hosni Mubarak on Feb. 11 used as their base.
Hundreds of women — some in headscarves
and flowing robes, others in jeans — who
marched to the square to celebrate the anniver-
sary, demand equality and an end to sexual
harassment were soon outnumbered by men
who chased them out. In troubled Ivory Coast,
thousands of women defiantly marched to the
bloodstained street where seven female demon-
strators armed only with tree branches sym-
bolizing peace were brutally killed last week by
soldiers in armored personnel carriers who
opened fire.

The women had tried to march every day
since Thursday's attack but lost their nerve in
the face of an army loyal to strongman Laurent
Gbagbo who has refused to relinquish the pres-
idency to the internationally recognized winner
of the November election, Alessane Ouattara.

The women escaped attack Tuesday, but
hours later the army burst into Treichville, the
downtown neighbourhood where they
marched, and killed at least four civilians.
Reporters saw the bodies of three men and
one woman on the blood-splattered floor of a
clinic. In Congo's capital, Kinshasa, the pres-
ident's wife, Olive Kabila, joined the march
against rape, which has long been used as a
weapon of war in the country. At least 8,300
rapes were reported in 2009 but aid workers
say the true toll is much higher.

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In Croatia's capital, Zagreb, and the Adri-
atic port of Rijeka, protesters marking Inter-
national Women's Day demanded jobs and
called for the government to resign. In Manila,
demonstrators demanded justice for "comfort
women" forced into prostitution in World War
II, and in Gaza, hundreds of Palestinian women
called for an end to the rift between Hamas,
which controls Gaza, and Fatah, which con-
trols the West Bank.

Atan all-star gathering of women in Wash-
ington, U.S. Secretary of State Hillary Rodham
Clinton said women must be included in any
process of democratic reform in the Middle
East. The audience included First Lady
Michelle Obama and the female president of
Kyrgyzstan and prime minister of Australia.

Former Chilean President Michelle
Bachelet, who now heads the new U.N. agency
to promote women's rights, said the pioneering
women who launched the annual commemo-
ration would probably look at the world today
"with a mixture of pride and disappointment."

Over one million women and men took to
the streets in Austria, Denmark, Germany and
Switzerland on what was originally called Inter-
national Working Women's Day on March 19,
1911 to demand an end to discrimination.

The day became popular in Eastern Europe,
Russia and the former Soviet bloc, and even-
tually spread around the globe. In some
regions, it lost its political flavour and became
an occasion for men to express their love for
women with candy and flowers while in other
regions, women's struggle for human rights
and political and social equality remained the
focus. In 1975, during International Women's
Year, the United Nations began celebrating
March 8 as International Women's Day. Two
years later the U.N. General Assembly adopt-
ed a resolution proclaiming a day for wom-
en's rights and international peace.

Despite major progress over the last 100
years, "the hopes of equality expressed on that
first International Women's Day are a long
way from being realized," said Bachelet, who
became the first executive director of UN
Women in January.

Girls are still less likely to be in school than
boys, almost two-thirds of illiterate adults are
women, and every 90 seconds a woman dies in
pregnancy or due to childbirth-related com-
plications despite the knowledge and resources
to make births safe, she said. Women also con-
tinue to earn less than men for the same work
and have unequal inheritance rights and access
to land. Despite some high-profile advances,
Bachelet said, only 28 women are heads of
state or government and just 8 per cent are
peace negotiators. Last week, the Inter-Par-
liamentary reported that while the number of
women in legislatures reached an all-time high
of 19.1 per cent in 2010, "the target of gender
balance in politics is still a distant one.”

B (Article by Edith M. Lederer of AP).



Restraint must
be built into the
fiscal system.

LETTERS

EDITOR, The Tribune.

The fiscal policies fol-
lowed by successive govern-
ments — deficit spending,
unfunded liabilities and the
over all debt load of The
Bahamas — will eventually
become a burden for every-
one through higher taxes or
inflation, if restraint is not
built into the system.

Dr. Dan Mitchell of the
Libertarian Think Tank, the
Cato Institute

recently provided food for
thought — ideas that might
help our policy makers — in
an article that first appeared
in Investor's Business Daily

on March 4, 2011.

Pointing out that "good
fiscal policy doesn't require
miracles — or dramatic shut-
downs” but limiting the
growth of the public sector,
and coupled with normal
revenue growth, govern-
ment red ink disappears sur-
prisingly quickly.

He provides a few excel-
lent examples from around
the world:

Between 1994 and 1999
the US increased spending
only 3 per cent each year
and the result was a budget

letters@tribunemedia.net



surplus.

In the early 90's in Cana-
da, average annual increases
in government spending was
only 1 per cent. In 1992
spending was 53 per cent of
GDP and the deficit was 9
per cent of GDP.

By 1997 spending was 44
per cent of GDP. Again
after just five years, there
was a small surplus.

The story was pretty
much the same in Ireland.
Government spending was
60 per cent of GDP in 1985
with deficits consuming
another 12 per cent of the
economy's output.

After just four years of fis-
cal restraint, spending was
around 43 per cent of GDP
and deficits were reduced to
2.7 per cent of GDP.

In Slovakia they increased
their annual budget by only
1.3 per cent of GDP on
average over the three years
from 2000 to 2003 and the
public spending dropped
from 36.9 per cent of GDP
to 29.2 per cent.

With other pro-growth
policies like the flat tax and
personal retirement
accounts, economic growth
was robust. And finally:

From 1990 to 1995 New
Zealand dropped spending
from 53.5 per cent of GDP
and deficits of 4.5 per cent of
GDP down to spending of
only 43.1 per cent of GDP
and a budget surplus of 2.8
per cent of GDP.

In the US Dr. Mitchell
points out that: "Two per
cent annual spending
increases would lead to fiscal
balance by 2021.

Limiting spending growth
to 1 per cent annually would
balance the budget by 2019.

A spending freeze would
balance the budget by
2017."

So if the government
"can't cut spending", surely
the Budget can be held at
current levels in an attempt
to get the country's fiscal
house in order in the not too
distant future?

RICK LOWE

Nassau,

March 6, 2011
www.weblogbahamas.com

Demonstrations
and the rule of law

EDITOR, The Tribune.

As a trained lawyer and a
lifelong student of the con-
stitution, I fully believe in
and support the right of any-
one to hold a public demon-
stration. That right, howev-
er, is not absolute. It
depends on the demonstra-
tor observing the terms and
conditions imposed by the
law; the rights of other
members of the general
public and, of course, con-
siderations for public order
and safety.

I did not attend the recent
demonstration in the area
of Bay Street when there
was an apparent confronta-
tion between the police and

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some of the demonstrators
but I did watch portions of it
on television and read the
various print media articles.

The demonstration should
have been confined to the
northern side of Rawson
Square. The police did its
collective duty in erecting
barricades and restricting
the massing and movement
of persons away from the
immediate vicinity of the
House of Assembly. Persons
should never have been in
a position to threaten the
person of any legislator,
inclusive of the Rt Hon
Prime Minister.

It is one thing for persons
who are supposedly opposed
to the proposed sale of BTC
to Cable & Wireless but
something totally different
to them proposing, in polit-
ical and possibly violent
terms, a change of regime,
as some of the placards
seemed to suggest.

The demonstration, clear-
ly, was motivated by other
factors which must now be
addressed by the Rt Hon
Prime Minister and his
administration.

I would hope that none of
the so-called demonstrators
were induced to congregate
on Bay Street for filthy lucre

and/or some other selfish
gain. Some say that some of
the demonstrators were
bused in by various political
parties which are in opposi-
tion to the FNM. If that is
the case, I have no problem
with that. My problem
would be where there is evi-
dence to suggest that the
demonstration may have
been hijacked by political
operatives.

And so, yes, people have
the right to demonstrate but
the police and its excellent
Commissioner of Police
have the sworn duty to
uphold law and order.

They also have the duty
to ensure the safety of the
general public and the
smooth flow of traffic, no
more, no less.

If the demonstrators
opposed the proposed sale
all they and their political
allies need to do is to bide
their time until the advent
of the general elections and
do what they must do.

To God then, in all of
these mundane things, be
the glory.

ORTLAND
H BODIE JR
Nassau,
March 1, 2011.

Lent is a sacred
time of divine grace

EDITOR, The Tribune.

Ash Wednesday (March 9) marks the beginning of the sea-
son of Lent. It is a time when we fast with joy, submitting our-
selves to spiritual struggles in preparation for the sorrowful Pas-
sion and joyful Resurrection of Our Lord Jesus Christ.

What is demanded of all Christians at this time is fasting,
abstinence, restriction of personal desires and pleasures, intense
prayer, confession, and similar ascetic elements.

Lent is a sacred time of divine grace, which seeks to detach
us from things material, lowly and corrupt in order to attract us
toward things superior, wholesome and spiritual. It is a unique
opportunity to remove from the soul every inordinate passion
so as to make room for the immense rejoicing and gladness of

Easter.

Limiting ourselves to what is absolutely essential and nec-
essary in an attitude of dignified, deliberate simplicity is a for-
mula for patience and tolerance; it is an opportunity to acknowl-
edge and emphasize our need for God’s assistance and mercy,
placing our complete trust in His affectionate providence; it is

a prescription for salvation.

Let us be up and on our way.

PAUL KOKOSKI
Canada,
March 3, 2011.
THE TRIBUNE



WEDNESDAY, MARCH 9, 2011, PAGE 5

LOCAL NEWS



PLP plans to give ‘special
attention’ to Grand Bahama

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - THE PLP is
preparing to unveil its campaign
plans for the next general election in
the immediate future and intends to
give special attention to Grand
Bahama, party leader Perry Christie
said.

“We propose to unveil our
approach to the next general elec-
tion much sooner than we have done
in the past; we are about a month
from completing our works,” he said
at PLP Headquarters in Grand
Bahama on Monday.

“Tt is not going to be very long before we begin
our messaging as to what we propose to do when
we become the government of the Bahamas.”

One of the aspects the PLP campaign will focus
on is giving more attention to Grand Bahama,
Mr Christie said.

Accusing the FNM government of “gross
neglect and dereliction of duty” to the people of
Grand Bahama, Mr Christie pledged that a PLP
government would restore the island to its glory
days.

While in Freeport on Monday, Mr Christie and
several PLP MPs met with resort officials at the
Our Lucaya Resort regarding the failings at the
property.

“(We) made recommendations as what we
think must happen to give Grand Bahama a
chance to come out of this recession and get jobs
back in this economy and give the people of this
island hope of a secure future,” he said.

“We feel time is moving rapidly and we want
them to know the kind of government we will be
when we win the next general election.”

Our Lucaya Beach and Golf Resort terminated
200 workers last Friday. The resort has also closed
two of its three hotels, reducing its room invento-
ry from 1,200 to 500 rooms.

In light of global economic challenges, man-
agement stated that the lay-offs and adjustments
to the resort were necessary “in an effort to save
over 800 jobs and keep a vital Grand Bahama
island tourism product operational.”

Mr Christie said that the PLP and the FNM
administration had been aware of losses in the
island’s the tourism product.

“We feel the government must explain to the
people what they were doing, knowing that things
were rough down here and that challenges existed.



PLP LEADER
Perry Christie

“We just finished a mid-year budget
debate and the government did not
see itself fit to advise the House of
Assembly and the country that these
lay-offs were (pending).

“Is it because they did not know
or is it because they did not want us to
turn our wrath on the government for
its continual failings? The government
must explain its position,” Mr Christie
said.

The Opposition leader stressed that
Grand Bahama plays an important
role in the country.

“We will come in here and specifi-
cally focus and concentrate on this
island because this island is a critical
player in the make-up of the Bahamas. It is the
second economy of our country, and so you can-
not be neglectful with respect to this island, and we
propose to pay a lot of attention to it and to cause
government to do more.

“T don’t understand why they (Government)
are so secretive about what’s happened and still so
secretive of any plans they have with respect to this
island,” he said.

Mr Christie said the PLP is very concerned
about the failings of the Grand Bahama’s tourism
product and particularly at the Our Lucaya Resort
property.

Some of their recommendations to hotel rep-
resentatives, he said, included consideration for an
operator similar to Kerzner.

“We have also been concerned about the qual-
ity of the casino operators so we spoke to that, and
Mr Wilchcombe made recommendation of a sig-
nature event for this island to ensure we have a
healthy tourism product,” he added.

He noted that suggestions were also made con-
cerning the poor visitor satisfaction rating on
Grand Bahama.

“Hopefully those recommendations would take
root.

“As I indicated to the persons we spoke to,
unless the government sees itself as an active
partner in the enterprise of making the economy
of Grand Bahama work and making the tourism
product work, it is not going to happen and it
will have to wait until we get there (in office) to
fix.

“We are hoping that efforts would be made to
fix it before we get there, but we can give you
complete assurance that we are coming into gov-
ernment with a lot of ideas on how we should go
about bringing Grand Bahama back to its glory
days,” Mr Christie said.

“SIGNIFICANT LEADS’ IN SHOOTING INVESTIGATION

¢ POLICE are following sig-
nificant leads in their investi-
gation into the shooting of a
42-year-old woman.

The woman was at Butler
Street, Nassau Village, when a
silver Honda Inspire with four
male occupants approached her
shortly before 10pm on Mon-
day.

A man armed with a hand-
gun got out of the car and
opened fire on the woman.

The victim sustained gunshot
injuries to both thighs and was
taken to hospital by emergency
medical services where she is
listed as in stable condition.

¢ EMPLOYEES and cus-
tomers of a barber shop tackled
a teenage armed robber and
turned him over to police on
Monday.

Two employees and a cus-
tomer at the Miracle Cut Bar-
ber Shop disarmed and

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ats
teed ea bay
PHONE: 822-2157

Darra ale

Santander

detained the 17-year-old man
who had entered the store
armed with a handgun.

The Farrington Road man,
described by eyewitnesses as
“light-skinned”, entered the
shop at Moore Avenue and
Palm Beach Street shortly
before 7pm and demanded
cash; however an altercation
with the employees and a cus-
tomer ensued.

As a result, the culprit, his
gun, and ammunition were
turned over to police.

Earlier that day, two men,
one of whom was armed with a
handgun, robbed the Early Bird
Supermarket.

The culprits wore blue shirts
and brown pants when they




entered the store at Robinson
Road shortly before noon.

After taking an undisclosed
amount of cash, the thugs fled
the area into the Ridgeland
Park area. Investigations into
the matter are ongoing.

e¢ A 20-year-old woman is
recovering in hospital from stab
wounds she received during a
fight with another woman.

The two women got into an
altercation at St James Road
on Monday evening. The vic-
tim received stab wounds to her
upper arm and hand around
6.30pm and was taken to hos-
pital by a private vehicle.

Police investigations are
ongoing.

Housekeeper Wanted

Live -in housekeeper wanted immediately
for family of 4 + 2 dogs. Responsibilities to
include laundry (including ironing), cooking,
cleaning and care of 2 young children.





Interested persons should contact
357-7381.

Banco Santander Bahamas International Bank Limited
Applications are invited from suitably qualified Bahamians for the following position:

ASSISTANT MANAGER —- GROUP FINANCING

Requirements:

Bachelor's Degree in Business Administration or Finance

A minimum of $ years in banking with a

a large international imetitution.

Ability to speak and write English and Spanish fluently,

Expenence in Analysis of Financial Ratios, Varance Analysis, Management
Information Systems, Forecasting, Budgeting, Accounting in the European
market and Management of Derivative Instruments.

Knowledge and working experience with all Microsoft Office applications.
Ability to evaluate financial reports sent to our Head Office, create andor
Implement oew financial reports according to Head Office guidelines and
streamline the business scpeeents.

Compensation and other benefits commensorate with qualifications and experience

Applications in writhing with details of education and experience should be addressed
to the Director of Homan Resources, Santander Bank & Trost Lid. F. 0). Box 8-162,
Naskau. Bahamas or via fax te S02 7955 not later than March 14, 2011.



POT CAKE say:

VERY CWIN STReel PAILOSO PES

THE BAHAMAS’



POLICE are asking the public’s assistance in determining the where-
abouts of 27-year-old Gary Leon who is wanted for questioning in a
murder case.

The suspect’s last known addresses are Palm Beach Street and Moore
Avenue in New Providence. He has a dark brown complexion, is 6’2” tall
and weighs around 200lbs. Leon is considered armed and extremely
dangerous.

If the suspect is seen approach with caution and contact the police at
502-9910 502-9991 or Crime Tipsters at 352-1919 or 328-8474 or the
nearest police station.

IT’S A TIME OF fox AMR PILATE
11°S AGRAND TMS

NNUAL NATIONAL
SONVENTION

March As- 20, 2011 - East Street Tabernacle
THEME: “LED BY HIS SPIRIT Poa: «:1

SPECIAL GUEST SPEAKERS & PRESENTERS: Sunday. March 20th. 2011

BISHOP CLAYTON MARTIN The Convention closes on Sunday, March
General Presbyter 20th, 2011 with the Annual Parade and

Water Baptismal Service at the Western Es-
ISO De ORYAN planade, and with the live ZNS Radio 1540

BISHOP ROBERT DAVIS AM, 810 AM and ZNS TV 13 evening broad-

State Overseer of Florida C28t service. During this service, the National

BISHOP JEFFERY DAVIS eee Bishop Dr. Elgarnet B. Rahming cu
: eliver the final message on the Convention’s
State Overseer of North Carolina Les
BISHOP TIMOTHY COALTER
State Overseer of South Carolina
BISHOP CLARENCE WILLIAMS
Overseer of The Turks & Caicos Islands

BISHOP DON BROCK
MR. ELLISON GREENSLADE

Commissioner of Police

MINISTERING IN MUSIC ARE: The National
Convention Choir, the Convention Praise
Team, Tabernacle Concert Choir, and other
Church Choirs, Praise Teams, Soloists, and
Singing Groups. The Bahama Brass Band,
Bahamas Youth and Junior Brass Bands,
and the Crusaders Brass Band will provide
special music.

Monday, March 14th, 2011
Bishop Dr. Elgarnet B. Rahming, CMG,
DD, JP, National Overseer and Modera-
tor will deliver his Annual ov Ad-

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PAGE 6, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Governor General urges

more support for Red Cross

By LINDSAY
THOMPSON
Bahamas Information
Services

AS HUNDREDS of
patrons enjoyed the food and
entertainment at the 69th
Annual Bahamas Red Cross
Society Fair last weekend,
Governor-General Sir Arthur
Foulkes underscored the
importance of the organisa-
tion in times of need.

“We are here to have fun
but even while we are enjoy-
ing ourselves, we must not
forget that the work of the
Bahamas Red Cross Society is
serious business and that this
fair is a fundraiser to ensure
that the work of the society
continues,” he told the crowd
assembled in the lower gar-
dens of Government House
on Saturday.

Disaster can strike at any-
time, anywhere and the
administrators and volunteers
of the Red Cross must always
be prepared and ready to
help, he said.

The Atlantic Hurricane
Season runs from June 1 to
November 30. However,
there are disasters such as tor-
nadoes, lightning strikes,
floods, fires and others that
leave families destitute, the
Governor-General said.

“In these emergency situa-
tions the Red Cross Society
must step into the gap,” he
said, adding that such was the





















GOVERNOR-GENERAL Sir Arthur Foulkes and his wife Joan Lady
Foulkes pose with patrons William and Lindsay at the 69th Annual Fair
of the Bahamas Red Cross Society.

case following the January 12,
2010 earthquake which
caused massive destruction to
Haiti.

Sir Arthur said that the
work of the Red Cross Soci-
ety in the community goes
unnoticed because it is “good
news which seldom, if ever,
makes the headlines in the
daily papers or talked about
on the radio or seen on tele-
vision.”

Some of the programmes
undertaken by the Red Cross
Society are:

e Meals on Wheels, daily

Mrs. Annie B. Ralston
Sunrise: October 16, 1939
Sunset: March 9, 2001












Dear Mom,

As long as there is time,
I will love you.Jf I had to count the
ways I love you, the mumbers
would stretch around this world
but never end. There is no need for
counting or explanations, no play
of eloquent fancy words. What
counts is that you Rnow it exists
and is straight from the heart — the
kind that will never end. I love you
more than anything in the world




















and WUISS

dearly.
Love Kyla

you

hot meals are delivered to the
shut-ins and disabled

e Fresh milk is provided to
school children on the Family
Islands

e Medical equipment such
as wheelchairs, walkers,
crutches and hospital beds are
made available for minimal
rental fee

e The society’s trained vol-
unteers provide first aid and
ambulance services at nation-
al events, sports meets, road
races and other functions.

The Bahamas Red Cross




SIR ARTHUR FOULKES, Gover-
nor-General, officially opens
the 69th Annual Fair of the
Bahamas Red Cross Society in
the lower gardens of Govern-
ment House on Saturday.

was organised by the govern-
ment as a national society
through a Bill passed in Par-
liament on June 23, 1975. Its
mission is to prevent and alle-
viate suffering wherever it
may be found; to protect life
and health and ensure respect
for human beings; to work for
the prevention of disease and
the promotion of health and
social welfare; to train per-
sonnel and encourage volun-
tary service; and to act as a
channel for collecting money
and goods donated by the
public for the sick and suffer-
ing.



gave $2.5 million to the College of the Bahamas to fund the pur-
chase of furniture, fixtures and equipment for the new Harry C
Moore Library and Information Centre.

THE Lyford Cay Foundations (LCF) announced that their
Gifts and Grants Committee is currently accepting applica-
tions from Bahamian non-profit and charitable organisations
who wish to apply for an award.

The Foundations have so far disbursed more than $15 million
to dozens of local non-profit groups to date, LCF officials said.

Grants generally range from $5,000 to $25,000. On occa-
sion, substantially larger grants have been approved and special
fundraising efforts undertaken.

This year, the initiative is particularly interested in receiving
applications for projects in the following areas: education and
literacy; after-school programmes; youth summer camps and
activities; environmental protection; health care and care facil-
ities; mental health programmes; feeding centres; parenting
skills training; crime prevention and Family Island programmes.

“The Foundations do not normally make direct gifts to sup-
port expenses incurred by other endowments, places of worship
or government agencies (such as construction or administrative
costs), but will fund qualifying philanthropic community pro-
grammes run by these organisations. It does not make awards
to individuals or to cover personal medical expenses,” LCF
officials said.

When considering applications, the committee favours: Spe-
cific programmes over general ones

¢ Existing programmes over start-ups

¢ Requests to fund capital costs rather than operating costs

¢ Tangible needs, for example equipment, physical repairs,
building projects.

¢ Programmes that will benefit the Family Islands

The remaining application deadlines for 2011 are:
e April 1 to be considered by June 1
¢ October | to be considered by November 30

For full details on the application process and application
forms, persons are asked to please visit www.lyfordcayfoun-
dation.org.

Bahamas aviation chief to chair international body

FORT LAUDERDALE,
FL - The Chief Aviation Spe-
cialist for the Bahamas has
been named chairman elect of
International Federal Partners’
Federal Pavilion for the pre-
mier aviation event, EAA Air
Venture Osh Kosh, which takes
place this year in Osh Kosh,

WI, July 25-31.

Mr Greg Rolle, head of the
Aviation Department for The
Bahamas Ministry of Tourism
and Aviation, has accepted the
position to chair the prestigious
aviation group that includes,
the United States, Canada and
The Bahamas. When Mr Rolle

PRIME OFFICE SPACE

starts his chairmanship at the
conclusion of this year’s show,
he will serve in the post for two
consecutive years. He will
assume the reins from current
IFP chairman, Aaron Sauer, a
Senior Air Safety Investigator
with the US National Trans-
portation Safety Board.

“Tt will be my privilege to
serve as the chairman of the
IFP,” Mr Rolle said on accep-
tance of the position, adding,
“T will do my utmost to use my
skill set, abilities and talents to
ensure that the Federal Pavilion
continues to prove to be an
effective arena for the private
pilot to be educated, enlight-
ened and provided with up-to-
the minute procedural and oth-
er information necessary for a
seamless crossing of the bor-
ders.” The aviation executive
noted that “over the years, the
islands of the Bahamas have
benefited greatly from our
mutual relationship, and it is



GREG ROLLE, head of the

Aviation Department for

The Bahamas Ministry of
Tourism and Aviation



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my belief that acting in the
capacity as chairman of the IFP,
will add depth to our partner-
ship.”

The prestigious honour
means that Mr Rolle will be the
chair of a body that plays a
major role at the Annual EAA
Air Venture Expo, which
attracts hundreds of thousands
of aviation enthusiasts annual-
ly from across the globe.

“We (International Federal
Partnership) are honoured to
have you representing the
Bahamas to serve as chairman
for the upcoming years,” chair-
man Sauer said while welcom-
ing Mr Rolle to his position.
“We appreciate your service
and all the years you have ded-
icated to the IFP and The
Bahamas representation at Air
Venture.”

US Federal Agencies and
Canadian Government depart-
ments in 1990 began partici-





arbour Bay
394-5767



pating together at the EAA Air
Venture in Osh Kosh, Wiscon-
sin and came to be known as
the International Federal Part-
nership.

In 1998, the Bahamas with
its Civil Aviation departments
joined the group. The IFP
annually contracts with EAA
for a massive 21,000 square foot
hanger — The International
Federal Pavilion — and from this
space the member countries
with their various government
agencies and departments, dis-
play exhibits as well as provide
booths with information.

The Chairman of the IFP is
responsible for facilitating the
collective efforts of the mem-
bers in achieving the Partner-
ship’s goals. Duties of the chair
include, facilitating meetings
and teleconferences of the
group; facilitating staff meet-
ings and special engagements
during the week of Air Ven-
ture and mediating differences
that may arise between the
members to the extent that the
differences affect the Partner-
ship.

Mr Rolle is a veteran Min-
istry of Tourism employee who
has been with the organisation
for some 25 years. During his
years with the ministry, he has
served in various capacities,
including Director of Bahamas
Sports Tourism. A licensed pri-
vate pilot, Mr Rolle returned
to the leadership position of
tourism’s aviation department
in 2008. Under his recent lead-
ership, the Bahamas has
stepped up its marketing initia-
tives against the lucrative avia-
tion market. Signature pro-
grammes include Bahamas Pre-
ferred (FBO) Gateways,
Bahamas Flying Ambassadors,
and Bahamas Day. The inven-
tive strategies being undertaken
by the country’s aviation
department, has thrust the
Bahamas into the spotlight of
the International aviation are-
na.
THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 7



LOCAL NEWS
7 SEE Ay i

NEMA workshop
flevelops tsunami
warning protocol

THE National Emergency
Management Agency
(NEMA) hosted a two-day
workshop to formulate a
tsunami and other coastal
hazards warning system pro-
tocol for the Bahamas.

Captain Stephen Russell,
director of NEMA, stressed
the importance of the coun-
try having in place an early
warning system in the event
of a tsunami or any other
coastal event.

The protocol will be pre-
sented to Cabinet for
approval and implementa-
tion.

“The thing is we want to
notify the Bahamian public
as soon as possible, as the
Bahamas is challenged

because of its geographical
location,” Captain Russell
said.

He said he was delighted
the Caribbean Disaster
Emergency Management
Agency together with the
Australian government
(AusAID) as sponsor was
able to stage the workshop
series being conducted
throughout the Caribbean.

Hazards

Dr Virginia Clerveaux,
senior programme officer,
said it was a pleasure for
CDEMA to be a part of the
workshop that seeks to
enhance the capacity of its



PARTICIPANTS COMPLETED a two-day workshop to formulate a tsunami and other coastal hazards warning system protocol for the
Bahamas at the Royal Bahamas Defence Force Base at Coral Harbour. The workshop was hosted by the National Emergency Management Agency.

participating states to work
towards better management
of both natural and techno-
logical hazards, but specifi-
cally of tsunami hazards.
The workshop provided
participants an opportunity
to revisit disaster risk man-
agement strategies; share

Road work commences on Fox Hill
Road and Prince Charles Drive

ROAD work on Fox Hill Road and Prince
Charles Drive have commenced.

The work includes installation of a 24-inch
water main from Fox Hill Road and Prince
Charles Drive in the east to the junction at
Baillou Hill and Robinson Road that is
expected to improve water quality. Drainage
utilities are also being installed.

Charlene Collie, project engineer with the
Ministry of Public Works and Transport, said:
“Work on the northern verge of Fox Hill Road
and Prince Charles junction has begun. The
work will eventually lead into full road clo-
sure as we install the 24-inch water main.”

The closure will not take place immediately,
but as the work progresses it will eventually
lead into a full closure that is expected to last
for a short duration.

During the closure motorists are advised to
divert through Sea Breeze and Fox Hill Road
travelling the route along Bernard Road.

“We ask the public to exercise patience as
we go through the construction phase,” said
Ms Collie. “It should not be for more than
four weeks as we are trying to install at least
approximately 300 ft of the 24-inch water
main.’

Workmen are also busy installing approxi-
mately 1,500 ft of the 24-inch water main at St
Michael's Road on the western end of Prince
Charles Drive.

“We're progressing with installation of over
300 ft per week that equates to five weeks,”
said Ms Collie.

The works are a part of the government’s
$120 million contract for the New Providence
Road Improvement Project.



CHARLENE COLLIE, project engineer with the Min-
istry of Public Works and Transport, advises the
public to be patient as they traverse the Fox Hill
Road and Prince Charles Drive area where road
works are in progress.

Patrick Hanna/BIS

WAREHOUSE SALE

Dates: Wednesday to Friday, March 9", 10", and 11", 2011

Place: Security Storage Limited, Nassau Street

Opposite Western Cemetery Parking Lot

Time: 10:00am — 4:00pm

Office Furnitures and Machines

Computers and Computer Equipments

Filing Cabinets
Stationeries

Limited amount of Home Furnitures

Other Supplies and Miscellaneous

ALL ITEMS WILL BE SOLD AS IS.

THE GENERAL PUBLIC
IS INVITED



best practices and lessons
learnt from a cross-spectra
of projects, programmes and
policies; and an opportunity
to highlight the critical
importance of building
resilience to disaster risk in
the communities.

Participants comprising
representatives of NEMA’s
emergency support function
groupings were able to pro-
ject their input into a model
from the Turks and Caicos
Islands protocol, and adapt
it to fit the Bahamas, should
the country be faced with a
tsunami or storm surge; and
formulate specific strategies
to educate the public at
large on the importance of
being prepared and where
to “find the highest point”
once the warning has been
sounded.

A session also dealt with
the role the media plays in
informing the public
through various means such
as television, radio and the
newspapers.

It was concluded that the
mass media has “a funda-
mental role” to play in mak-
ing disaster risk reduction
efforts successful.

Course Description:

From CDEMA’s perspec-
tive, the workshop also pro-
vided an “important oppor-
tunity and platform which
allows us to build on
alliances that have already
been forged towards a col-
lective vision for the reduc-
tion of disaster risk and pro-
motion of sustainable liveli-
hoods, economic and social
progress particularly within
our coastal communities
which has been the dispro-
portionate focus of our eco-
nomic and social activities
as well as infrastructural
development,” Dr
Clerveaux said.

Region

During her presentations,
she highlighted aspects of
the disaster risk profile of
the Caribbean region, which
is largely comprised of small
island developing states
(SIDS) located within an
active seismic arc.

The impact of disasters on
these states leave massive
destruction and overpower-
ing evidence of how poor
planning and investment

Photo/NEMA

decisions contribute to vul-
nerability and increase the
risk of future disasters, she
noted.

Scientific data has docu-
mented evidence of giant
waves throughout the
Caribbean from as early as
1629.

The NOAA Geophysical
Data Centre reports that the
Caribbean Basin has had
eight per cent of the world’s
tsunami events and the Indi-
an Ocean seven per cent;
taking into account the
December 2004 tsunami
which killed more than
250,000 people.

“Experience has shown
that the most effective
response mechanisms to dis-
aster loss reduction has
proven to be a dynamic,
multi-level management
arrangement in which
national, regional, govern-
ment and non-government
actors work together in a
timely, effective and mutu-
ally-enhancing way,” Dr
Clerveaux said.

The seminar was held
March 3 - 4 at the Royal
Bahamas Defence Force
Base at Coral Harbour.

journer-

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pO esr eon Rr ell)
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PAGE 8, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Propaganda and the pending BIC privatisation

By LARRY SMITH

AND now class, today we
are going to talk about propa-
ganda. Does anyone know what
the word means?

It derives from the Latin for
propagate, which means to mul-
tiply, reproduce or transmit. In
this case, we are talking about
spreading information.

What kind of information?
Well, that is often hard to say.
The key point to remember is
that the information being pre-
sented will have an agenda.
And in order to judge the value
and quality of the information,
you need to determine what
that agenda is.

In a nutshell, propaganda
uses loaded messages to pro-
duce an emotional response in
support of an often hidden
objective. And ever since the
1930s (when German and Sovi-
et propaganda promoted state-
sponsored genocide) the term
has acquired a strong negative
meaning — for good reason.

Journalists are supposed to
be trained to give their audi-
ences a reasonably accurate
background and analysis of the
subject at hand. Advertisers use
an overt form of propaganda
to persuade people to buy their
products or services. Public
relations lies somewhere in
between, often presenting itself
as journalism in support of a
proprietary theme, which is not
necessarily nefarious.

What sets propaganda apart
more than anything else is that
it seeks to influence public
opinion through deception and
confusion, rather than by
encouraging genuine under-

standing.
According to Nazi Propa-
ganda Minister Joseph

Goebbels, "The most brilliant
propagandist technique will
yield no success unless one fun-
damental principle is borne in
mind constantly — it must con-
fine itself to a few points and
repeat them over and over."
What points instantly spring
to mind in the local context?
No turning back (to white rule);

stop, review and cancel (good
economic initiatives); Hubert
“the dictator” Ingraham; sell-
ing our birthright (to white for-
eigners), the plantation econo-
my (enslaves blacks).

But it's not just about repet-

itive slander. As British
wartime propagandist (and lat-
er cabinet minister) Richard
Crossman said: "The art of pro-
paganda is not telling lies, but
rather selecting the truth you
require and giving it mixed up
with some truths the audience
wants to hear."

This is what we are seeing
today with the (currently) one-
sided debate over the pending
privatisation of BTC.

Let's look at the recent con-
structs of a massive conspiracy
to corruptly engineer the sale
of BTC against the interests
and wishes of the Bahamian
people. Evidence for this is said
to rest on a series of conflicts of
interest, and was recently given
credence by retired Tribune
journalist Nicky Kelly, who now
writes a column for the Punch.

"One has to ask why the PM
is SO motivated to pursue a deal
that is so suspect, and the
machinations of its participants
so obvious, that they exhaust
credulity," Kelly wrote.

In this view, a small group of
unrelated people began mov-
ing chess pieces years ago to
achieve the present result — the
sale of half of BTC to Cable &
Wireless Communications,
within a regulatory environ-
ment developed and controlled
by former CWC employees.

The inference is that the plot
was hatched by CWC, with the
support of leading Bahamian
politicians and technical advi-
sors, to save its future
Caribbean business prospects.
Or maybe it was the other way



round, and our top politicos and
bureaucrats simply planned to
enrich themselves from CWC.
In either case, the full back-
ground to the story is largely
ignored and a massive corrupt
scheme is offered as the obvi-
ous reality. The clear agenda is
to derail the privatisation of
BTC, both for political gain and
to protect vested interests.

The full background to the
story includes the fact that there
were no less than three public
bodies responsible for decision-
making — the cabinet, the pri-
vatisation advisory committee,
and the privatisation working
committee. There were also
two sets of financial advisors —
KPMG Bahamas and CITI, a
major international bank — as
well as two legal advisors —
Charles Russell, a British firm
specialising in communications
law (which also advised the
Christie administration on reg-
ulatory reform), and local law
firm Higgs & Johnson.

In short, there were signifi-
cant checks and balances. And
with so many separate groups
of advisors it would be very dif-
ficult for a specific conflict of
interest to flow through to a
final sale. It also has to be
acknowledged that the goal of
liberalising the communications
sector and finding a major
strategic partner for BTC has
been the accepted policy of
both major parties for years —
even more so in the case of the
FNM, which launched the
process in 1998.

And what about those con-
flicts of interest that have been
selectively ignored by the con-
spiracy theorists. Conflicts like
the participation of some of the
major antagonists in the cur-
rent debate in the earlier sale
that was agreed by the Christie

JTS ULE)

Yesterday's Question

What charitable group is facilitating the
building of the Zion Children's Home in
Current Island’?

Yesterdays Answer

The Bahamas Conference of the
Methodist Church

Yesterdays Winners

Melonie Inniss
Shelton Miller
Crystal Clarke

Click the ‘Like’ button on the Tribune News Network

dpts
2i1ts
Ipt



A PROTEST agalnst the pending sale of BTC.

administration with Bluewater
Ventures — a foreign firm with
uncertain ownership and no
operating history.

It has been suggested that
some of them were heavily
involved when that deal went
down — together with some of
the leaders of the same unions
that are now so critical of the
current process. What chess
pieces were these players mov-
ing?

The Christie administration
cancelled the original privati-
sation process launched by the
FNM after rejecting existing
bids, and then proceeded to
negotiate solely with Bluewa-
ter from 2005 until the general
election in May 2007. How is
this any different from the
Ingraham administration reject-
ing bids received in the current
process, and then talking to
CWC?

And let's not forget to take
into account the stark contrast
between Bluewater, an
unknown private equity firm,
and CWC, a major internation-
al telecoms provider with a long
and publicly reported back-
ground in the field.

In fact, almost all of the bid-
ders for BTC throughout this
long and complicated process
were private financiers who saw
an opportunity to make money.
Digicell and CWC are the most
obvious telecoms buyers in the
region, but Digicell (which
decided not to bid in the last
auction) is purely a cellular
operator. CWC is one of the

few entities that does every-
thing BTC does throughout the
region and has a strategic rea-
son to invest for the long-term.
And since CWC has been inter-
ested in the Bahamas for the
last 15 years, how can it sud-
denly be suspicious when they
step up to the plate?

It is easy to research a large
global business like Cable &
Wireless, which may have prob-
lems in some areas but a very
healthy balance sheet overall.
In fact, CWC is a leader in all
regional markets except
Jamaica where they are second.
It should also be noted that,
although declining to partici-
pate in the most recent auction
due to an internal reorganisa-
tion, CWC eventually went
through the same entry process
as all other bidders.

As for the terms of the CWC
agreement, it is a fact that all
the bidders required BTC's
unfunded pension deficit to be
covered by government —
including Bluewater. How can
this now be "repugnant" to the
PLP, when they agreed to pay
off the full deficit and close the
pension plan entirely. I would
suggest that there is no busi-
ness in the world where
employees make zero contri-
butions to their own pensions
while the employer pays 20 per
cent of salaries into a fund. This
obviously has a huge impact on
BTC's value.

It is also true that all the bid-
ders — including Bluewater —
demanded a management fee

in their plans, something which
some commentators find egre-
gious. The rationale for the fee
that was eventually agreed is
that CWC brings a lot of added
value to BTC in terms of tech-
nology and intellectual proper-
ty, which will significantly ben-
efit the other shareholder. This
is normal practice where a
minority partner is involved,
and industry benchmarks are
used to set the fee scale.

Clearly, connecting the dots
selectively amounts to spout-
ing propaganda. It does nothing
to help people reach a genuine
understanding of the issues.
This is known as pinpointing
the enemy — simplifying a com-
plex situation by presenting a
specific group or person as the
enemy in a clear-cut choice
between right and wrong. And
the better informed you are,
the less susceptible you will be
to this type of propaganda.

One of the worst allegations
in this saga was made recently
by PLP Chairman Bradley
Roberts (who was the minister
responsible for BTC in the
Christie administration). He
accused current BTC chairman
Julian Francis of a corrupt con-
flict of interest in awarding to
Providence Advisors (a finan-
cial services company which
Francis also chairs) a lucrative
contract to manage part of the
BTC pension fund.

“As a result of this contract
that Julian Francis awarded to
himself, he positioned himself
and Providence Advisors Ltd
to be paid in excess of $400,000
per annum for the past 3 years,”
Roberts said. "The PLP calls
for Julian Francis’ immediate
resignation and for the police
to commence investigations..."

The facts are that efforts to
place BTC pension funds with
local investment managers
began in 2006 under the
Christie administration, when
Greg Bethel was BTC chair-
man and also president of
Fidelity Bank & Trust — one of
the firms chasing the business.

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THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 9





FROM page eight

Providence, headed by Ken-
wood Kerr, was also invited to
bid, and was eventually
approved (along with Fidelity
and CFAL) in a process guided
by the accounting firm of
Deloitte & Touche.

The actual contract was not
executed until after the 2007









1. VENICE BAY ANNEX
LOT NO. 12 Block 2
PROPERTY DESCRIPTION:
Triplex Apartment Building
PROPERTY SIZE: 9,806 sq. ft.
LOCATION: Travelling south
along Bacardi Road from
Carmichael Road, take the 1st

Propaganda

general election, and Francis
(who is not a Providence share-
holder) had nothing to do with
choosing the investment man-
agers. And Providence's fees
over the past two and a half
years were less than $350,000.

Statements from political



2. WESTLAKE ROAD
LOT NO. 8
PROPERTY DESCRIPTION:
Single-family Residence
PROPERTY SIZE: 43,615 sq. ft.
LOCATION: Traveling west along
Adelaide Road from Coral
Harbour Roundabout; take the

operatives and unsupported
extrapolations by sympathetic
or thoughtless journalists are
not the only forms of propa-
ganda we must watch out for.
There are also those entities
which pose as legitimate news
media. While party newspapers
or radio broadcasts may be eas-
ily identified and their infor-
mation taken with a grain of
salt, some propaganda outlets

try to disguise their true nature
to fool an audience into believ-
ing they are presenting valid
information.

The current prime example
locally is the online propaganda
outlet known as Bahamas
Press, which refuses to even
acknowledge that it is financed,
owned and operated by real
people, although it classifies
itself as a "leading news web-

. WEST STREET
LOT NO. 2
PROPERTY DESCRIPTION:
Single-family Residence
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: The subject
property is located on the
western side of West Street;

site." An anonymous respon-
der claimed the site is owned
"by the people of the
Bahamas.”

As George Orwell wrote in
his novel 1984, "the process (of
mass-media deception) has to
be conscious, or it would not
be carried out with sufficient
precision, but it also has to be
unconscious, or it would bring
with it a feeling of falsity and

LISTINGS

DEVELOPED RESIDENTIAL & COMMERCIAL

. WINTON MEADOWS ESTATES

SUBDIVISION
LOT NO. 115

PROPERTY DESCRIPTION:

Single family Residence
3 beds / 2 baths

PROPERTY SIZE: 8,000 sq. ft.
LOCATION: Traveling east on

hence of guilt.”

Of course, now that I have
waded into the propaganda
swamp, I must be part of the
conspiracy, right? Well, now
you can make the call.

What do you think?
Send comments to

larry@tribunemedia.net
Or visit www.bahamapundit.com








































































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corner on the right after the
entrance to the former Bacardi
Company and then head west.
The subject property is the

4th building on the right, grey
trimmed white.

Multi/Single Family Lot
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: From Carmichael
Road, turn through the corner by
Geneva Brass Seafood and then
take the 3rd corner on the left. The
vacant property is located on the
left, towards the end of corner.
APPRAISED VALUE: $70,000

. BLUE HILL ROAD SOUTH

LOT NO. 4 unnamed subdivision
PROPERTY DESCRIPTION:
Single-family Lot

PROPERTY SIZE: 5,597 sq. ft.
LOCATION: Travel south along
Blue Hill Rd. from Cow Pen Rad.
take the 1st corner on the right,
subject property is the 3rd lot on
the right.

APPRAISED VALUE: $67,000

. CAMPERDOWN PHASE TWO

LOT NO. 4

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 13,873 sq. ft.
LOCATION: The subject property
is located on Forest Drive, off
Camperdown Drive

APPRAISED VALUE: $210,000

. CARMICHAEL ROAD

LOT NO. 2 of Crown Allotment #35
PROPERTY DESCRIPTION:

Multi / single-family Lot
PROPERTY SIZE: 11,625 sq. ft.
LOCATION: The vacant property is
located west of McKinney Avenue.
APPRAISED VALUE: $116,000

. CARMICHAEL ROAD

LOT NO. Parcel “A”

PROPERTY DESCRIPTION:
Multi/ Single-family lot
PROPERTY SIZE: 4,650 sq. ft.
LOCATION: Traveling west on
Avacado Road from Faith Avenue,
take the 1st graveled corner on the
left, the property is the 2nd lot on
the left.

APPRAISED VALUE: $51,000

. CARMICHAEL VILLAGE

SUBDIVISION

LOT NO. 4 and 5 - part of Crown
Allotments 21 and 22 Grant A8-50
PROPERTY DESCRIPTION:
Single Family Residential Lot
PROPERTY SIZE: each 6,960 sq. ft.
LOCATION: The vacant properties
are bounded west of Golden Isles
Road and south of Carmichael
Road.

APPRAISED VALUE: $139,000

. CORAL BREEZE ESTATES

SUBDIVISION

LOT NO. 52

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located in Coral Harbour.
APPRAISED VALUE: $100,000

APPRAISED VALUE: $449,000



11

1st corner on the left past
Oasis. Head south along

Westlake Road. The subject
property is the 8th house on

the left.

about 70 feet north of Meeting

Street.

APPRAISED VALUE: $162,000

APPRAISED VALUE: $1,056,000

1. ALLEN DRIVE 8. CORAL BREEZE ESTATES
LOT NO. 2 SUBDIVISION
PROPERTY DESCRIPTION: LOT NO. 58

PROPERTY DESCRIPTION:
Multi-family Lot

PROPERTY SIZE: 7,500 sq. ft.
LOCATION: The vacant property
is located in Phase -1 of Coral
Breeze Estates.

APPRAISED VALUE: $101,000

. COW PEN ROAD

LOT NO. 1

PROPERTY DESCRIPTION:
Commercial Development lot
PROPERTY SIZE: 4,986 sq. ft.
LOCATION: Travelling west along
Cow Pen Road from Silver Gates
Drive; head to the 1st graveled
road on the left. The vacant
property is the 1st lot on the west.
APPRAISED VALUE: $70,000

10. ENGLERSTON SUBDIVISION

LOT NO. 21 Block 25

PROPERTY DESCRIPTION:
Single/ Multi-family Lot
PROPERTY SIZE: 5,360 sq. ft.
LOCATION: Travelling east along
Cordeaux Avenue from East Street,
take the 3rd corner on the left
(Miami Street} and head north. The
vacant property is the 3rd lot on
the right.

APPRAISED VALUE: $48,000

. EVANSVILLE SUBDIVISION

LOT NO. 23

PROPERTY DESCRIPTION:
Single/Multi-family lots
PROPERTY SIZE: 7,337 sq. ft.
LOCATION: Travel west along
Carmichael Rd. from Unison Rd.
take the 6th corner on the left.
Heading south pass the 3rd
corner on the left. The subject
property is the 2nd lot on the left.
APPRAISED VALUE: $88,000

12. FOX HILL SUBDIVISION

LOT NO. Parcel #1 and #2
PROPERTY DESCRIPTION:
Multi-family lots

PROPERTY SIZE: Parcel #1 -
4,199 sq. ft. #2 - 3,348 sq. ft.
LOCATION: Traveling north along
Grant Street from Dorsett Street,
the subject properties are the 3rd
and 4th lots on the left.
APPRAISED VALUE: $61,000
combined

13. GAMBLE HEIGHTS SUBDIVISION

LOT NO. 29Section 3
PROPERTY DESCRIPTION:
Multi/ Single-family lot
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Traveling south

on Baillou Hill Road, passing
Carmichael Road, take the 3rd
corner on the left, Sunrise Road
opposite St. Vincent Road.Heading
south on Sunrise Road, take the
4th corner on the left, the subject
lot is the 6th on the right.
APPRAISED VALUE: $60,000



14. HAROLD ROAD HEIGHTS



LOT NO. 15

PROPERTY DESCRIPTION:
Single/ Multi-Family Lot
PROPERTY SIZE: 9,096 sq. ft.
LOCATION: The subject property
is located on the northern side of
a road reservation about 100 feet
south of Gerald’s Street.
APPRAISED VALUE: $73,000

15. KOOL ACRES SUBDIVISION

LOT NO. Parcel of Land
PROPERTY DESCRIPTION:
Multi-family lot

PROPERTY SIZE: 7,000 Sq. ft. .
LOCATION: Traveling west on
Lumumba Road from Fox Hill
Road, take the 6th corner on the
right (Adderley Close). The subject
property is the 4th lot on the left.
APPRAISED VALUE: $84,000

16. LAKE VILLANESS SUBDIVISION

LOT NO. 105

PROPERTY DESCRIPTION:
Single / Multi-family Lot
PROPERTY SIZE: 14,400 sq. ft.
LOCATION: The vacant property
is located in Lake Villaness approx.
2,730 feet west of Gladstone
Road.

APPRAISED VALUE: $79,000

17. POLHEMUS GARDENS

LOT NO. 15 (Northern half)
PROPERTY DESCRIPTION:
Multi/Single-family lot

PROPERTY SIZE: 7,804 sq. ft.
LOCATION: Travel west along
Boyd Rd. from Nassau St. take the
ist corner on the right Bunttings
avenue, subject property is the 2nd
lot on the left.

APPRAISED VALUE: $78,000

18. POLHEMUS STREET

LOT NO. 3

PROPERTY DESCRIPTION:
Single-family Residential lot
PROPERTY SIZE: 5,000 sq. ft.
LOCATION: On the northern side
of Polhemus St. about 240 feet
east of Nassau St.

APPRAISED VALUE: $50,000

19. RAHMING COURT SUBDIVISION

LOT NO. 5

PROPERTY DESCRIPTION:
Multi-family lots

PROPERTY SIZE: 5,502 sq. ft.
LOCATION: Situated in Rahming
Court, located on the southern
side of Bernard Road.
APPRAISED VALUE: $66,000

20. ROCKY PINE ROAD

LOT NO. Parcel of Land Portion of
Crown Grant A5-23

PROPERTY DESCRIPTION:
Multi-family Lot

PROPERTY SIZE: 13,406 sq. ft.
LOCATION: On the western side
of Ismae Drive - 170 feet south of
Rocky Pine Road.

APPRAISED VALUE: $150,000

21. SOUTH OCEAN ESTATES

Prince Charles Drive, from

Culberts Hill; take the 1st

corner on the right. Heading

south, take the 2nd corner on
the right. The subject property
is the 4th house on the left.



SUBDIVISION

LOT NO. 6 Block 7

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 11,738 sq. ft.
LOCATION: Travel south of Lyford
Cay immediately pass Mount
Pleasant; take a left onto South
Ocean Boulevard to new South
Ocean Estates. The vacant lot is
property number 6 in block 7.
APPRAISED VALUE: $155,000

22. TWIN LAKES SUBDIVISION

LOT NO. 3, Block 28

PROPERTY DESCRIPTION:
Single/Multi-Family Lot
PROPERTY SIZE: 12,600 sq. ft.
LOCATION: Traveling south along
Skyline Drive from West Bay
Street, take the 4th corner on the
right (entrance to Twin Lakes).
Heading west take the 1st corner
on the right. The subject property
is the 3rd lot on the left.
APPRAISED VALUE: $158,000

23. VICTORIA GARDENS

SUBDIVISION

LOT NO. 7

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Travelling south on
Gladstone Road from JFK Drive,
enter Victoria Gardens main
entrance (1st corner left) and head
east. At the ist cross road, turn
left. The vacant property is the 2nd
lot on the left.

APPRAISED VALUE: $72,000

24. VICTORIA GARDENS

SUBDIVISION

LOT NO. 8

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 6,588 sq. ft.
LOCATION: Travelling south on
Gladstone Road from JFK Drive,
enter Victoria Gardens main
entrance (1st corner left) and head
east. At the ist cross road, turn
left. The vacant property is the 3d
lot on the left.

APPRAISED VALUE: $79,000

25. VICTORIA GARDENS

SUBDIVISION

LOT NO. 168

PROPERTY DESCRIPTION:
Single-family Residence under
construction

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located on the northern

side of a road reservation about “4
mile east of Gladstone Road.
APPRAISED VALUE: $90,000

INTERESTED PARTIES SHOULD SUBMIT OFFERS INCLUSIVE OF TELEPHONE CONTACT AND POSTAL ADDRESS TO: CB DISTRESSED PROPERTIES,
CREDIT RISK MANAGEMENT DEPARTMENT, P.O BOX SS-6263, NASSAU, BAHAMAS OR EMAIL US AT: DISTRESSED.PROPERTIES@COMBANKLTD.COM.

APPRAISED VALUE: $287,000

VACANT LOTS

26. VILLAGE CHILCOTT



ALLOTMENT

LOT NO. 14

PROPERTY DESCRIPTION:
Single-family lot

PROPERTY SIZE: 4,972 sq. ft.
LOCATION: Travelling south along
Kemp Road, pass the intersection
(Parkgate Road), take the 1st
corner on the left (Hamilton Street).
The vacant property is the 2nd lot
on the left.

APPRAISED VALUE: $50,000

27. WEST WINDS SUBDIVISION

LOT NO. 363

PROPERTY DESCRIPTION:
Duplex Lot

PROPERTY SIZE: 6,000 sq. ft.
LOCATION: The vacant property is
located in the area known as “Love
Beach” in the Western District of
New Providence.

APPRAISED VALUE: $95,000

28. WEST WINDS SUBDIVISION

LOT NO. 220

PROPERTY DESCRIPTION:
Multi/Single-family Lot
PROPERTY SIZE: 9,281 sq. ft.
LOCATION: Enter the subdivision
from Windsor Field Road to the
t-junction, and then take a left, the
lot is the 2nd on the left, on the
easern side of Kingfish Road.
APPRAISED VALUE: $176,000

29. YUMA ESTATES SUBDIVISION

LOT NO. “C”

PROPERTY DESCRIPTION:
Single/ Multi-family lot

PROPERTY SIZE: 7,268 sq. ft.
LOCATION: Travelling west along
West BayStreet from Blake Road,
take the 4th corner on the left
(Kiskadee Drive) and head south -
passing over the hill - turn thru the
1st corner on the left (entrance to
Yuma). Head to the T-junction and
turn left onto Sanctuary Circle. The
vacant property is the 3rd lot on the
left.

APPRAISED VALUE: $102,000

SERIOUS ENQUIRIES ONLY. PLEASE CALL 502-6132, 502-6109 OR 502-6146 FOR FURTHER INFORMATION.

* WE RESERVE THE RIGHT TO REJECT ANY OR ALL OFFERS.


PAGE 10, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



LOCAL NEWS



FROM page one

Police have classified Mr
Johnson’s death as the island’s
first homicide for 2011.

Although police have not yet
released the identity of the
island’s second homicide, the
victim is believed to be Patrick
Russell, 42, of Lewis Yard.

According to reports, some-
time around 11.50pm on Mon-
day, police received reports of

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She said initial reports
revealed that at 11.45pm the
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to assist, but the victim had
already died of his injuries.

He was taken to the Rand
Memorial Hospital and pro-
nounced dead by doctors.

Almost 24 hours prior to the
shooting, police were investi-
gating a stabbing that occurred
at Club Rock ’n Roll in the
International Bazaar sometime
around 1.05am on Sunday.

On arrival at the scene, offi-
cers saw a young man, identi-
fied as Tamaro Johnson, lying
on the ground with multiple
stab wounds in his upper body.

According to initial reports,
Johnson was involved in a fight
at the club when he was
injured.

He was taken by ambulance
to Rand Memorial Hospital,
where he was admitted to the
Intensive Care Unit.

ASP Mackey said police
received information that John-
son had died of his injuries in
hospital on Monday.

No arrests have been made,
and police are asking anyone
with information to come for-
ward.

FROM page one

to get us nowhere fast.”

“This is a government of
infrastructure not of people, of
things not of brotherly love, of
all things foreign and not of
things Bahamian. They are for
the imprisonment of the
Bahamian spirit, not for the
empowerment of the Bahamian
spirit. This government is for
the enrichment of a few at the
detriment of the many,” he
said.

Senator Michael Halkitis said
the government is planning to

FROM page one

to Cable and Wireless. We call on the govern-
ment to cease and desist. The PLP will upon
coming to office move to regain the majority
shares forthwith from Cable and Wireless if the

sale goes through.

“The PLP believes in a share owning democ-
racy and will sell shares in BTC in tranches to the

Bahamian people.

The PLP will allow competition and will lib-
eralize the telecommunications market. That is
the PLP’s policy. That is the issue. We urge the
FNM to stick to the issues,” he said.

Mr Christie added: “T am calling on civil soci-
ety, led by the church and the Christian Council
in particular to monitor the conduct of this elec-
tion campaign, and cry shame where parties exag-
gerate their demands and charges to the point
where it becomes an insult to the intelligence of
the Bahamian people. The government’s assault

‘Help my boy walk again’

FROM page one

doctors to do more physiotherapy with her son, but without

SUCCESS.

“My whole family feels that if they had tried a little harder, he
could have been further along than he is now,” she said. “I
tried and I tried, but nobody heard my cry.

Mts Ford has been in contact with staff at the University of
Miami Hospital, who have agreed to see Renaldo and evaluate
his case, however without health insurance, further treatment in
the United States will be extremely expensive.

Mts Ford said Renaldo has believed since the morning after
the accident that he will one day be able to breathe and stand up
on his own. She said that with some help, she knows he has the

i potential to do so.

Before the accident, Renaldo, the second youngest of four

i brothers, was actively involved in a number of youth organisa-

tions connected with his church and school, was a member of the

youth choir and an usher at his church.

“He was known in school as the little boy with all the man-

ners,” his mother said.

“Renaldo loved cars,” she added. “He always wanted to be a
car designer or an auto body mechanic.”

Mts Ford said her son still has a lot of potential and much to
offer the world, as he is the sort of person who can remain pos-
itive, even after what he has been through.

The family plans to hold a fundraiser and is meeting with

members of their church on Thursday to form a plan.

In the meantime, they are asking anyone who wishes to help
to contact them, or make a donation at a Bank of the Bahamas
branch, account number 5510031764.

PLP MEMBERS

distract Bahamians “to try and
take your minds of their
absolute and dismal failure in
managing the economy, in
fighting crime and in making
sure that Bahamians are not
marginalized, overlooked and
dispossessed in their own coun-
try.”

He accused the government
of grand standing in the media.

“The ZNS evening news
might as well be called ‘FNM
Ministers Tonight.’ The whole
newscast is one parade of one

minister after the other talking
a lot, but saying basically noth-
ing; at least nothing of benefit
to the Bahamian people. We
see what happened at the Lyn-
den Pindling International Air-
port. They had the opening,
and then they went back for a
tour, of course with all the tele-
vision cameras,” said Mr Halki-
tis.

“T heard somewhere that
they are going back next week
to inspect the bathrooms and
the week after that to inspect
the landscaping and have some
more press conferences,” he
said.

CHRISTIE: ALL PLPS WILL VOTE

‘NO’ ON THE SALE OF BTC

and their intelligence last week in the House of
Assembly surely crossed the line.”

Mr Christie also pledged that his party will

not utilise character assassination, vicious gossip,
or smear tactics in their campaigns in the 2012

general election, saying it will not and cannot be

upon the intelligence of the Bahamian people

FROM page one

primary basis for decision mak-
ing.

The case of veteran prosecu-
tor Cheryl Grant-Bethell
recently brought to light the use
of SIB reports by public agen-
cies. In the recent ruling of
Senior Justice Jon Isaacs he not-
ed that an SIB report caused
the Judicial and Legal Services
Commission (JLSC) to disqual-
ify Mrs Grant-Bethell from the
race for Director of Public Pros-

Open
Saturdays

10,00am-
2.00pm



SECURITY AND
INTELLIGENCE

ecution (DPP).

Justice Isaacs noted that the
JLSC removed Mrs Grant-
Bethell from her “substantive
post as deputy director of pub-
lic prosecution without employ-
ing the usual means for doing
so, e.g., disciplinary proceedings
resulting in dismissal from the
public service or by promotion
or transfer not objected to by
the officer.”

Although Mrs Grant-Bethel-
l’s appointment as Deputy Law
Reform Commissioner was
“technically a promotion,” Jus-
tice Isaacs said it excised her
from her chosen career path
without her consent.

“I so conclude because (the
section of the law governing her
new post) limits tenure of a
commissioner, the only office
to which the applicant can now
aspire, whereas as DDPP she
was on course for an office
where she could theoretically
serve until her retirement. Even
if she had remained DDPP she
would have enjoyed tenure in
the Office of the Attorney Gen-
eral, all things being equal,
beyond five years,” said Justice
Isaacs.

He agreed that Mrs Grant-
Bethell’s lateral transfer was
“irrational” and her treatment
by the JLSC was “unfair.” In
his arguments he noted several
points about the SIB report and
its use by the JLSC.

“An allegation should not be
the basis for depriving a person
of an opportunity for advance-
ment in the public service par-
ticularly without affording the
person an opportunity to
address the allegation. Fairness
one would think requires no
less,” said Justice Isaacs.

He said the JLSC used a first
SIB report when considering
Mrs Grant-Bethell’s application
for the post of acting DPP. The
allegations in this report were
put to Mrs Grant-Bethell, who
addressed them sufficiently that
her recommendation was
upheld.

It was the contents of a sec-
ond SIB report that formed the
basis of the JLSC’s decision to
ultimately side-step Mrs Grant-
Bethell. In the latter instance,

fought on the basis of "foolishness."

"We are not in the business of character assas-
sination. Vicious gossip or malicious gapseed is
not for us! We are not in the business of smear
tactics or slanderous innuendo. We will leave
that to those other fellas! And we most certainly
are not in the business of corrupt electioneer-
ing. We will leave that to the other fellas too! We
saw enough of what should not have been done
in the Elizabeth by-election last year to know
that that is not the way to go," Mr Christie said.

¢ SEE PAGE FIVE

the JLSC denied Mrs Grant-
Bethell the opportunity to
respond to the claims.

“She was able to allay any
concern they had on (the first)
occasion. It is not inconceivable
that she may not have been able
to do so again. The summary
denial of such an opportunity
to my mind breached the appli-
cant’s right to be treated in a
matter that was not unfair,” said
Justice Isaacs in his ruling.

“The JLSC has acted on a
report prepared by an agency
of the State without affording
the applicant an opportunity to
be heard. I can think of no alle-
gation so bad as to allow the
JLSC to forego this basic
requirement of fairness,” he
said.

In light of the recent ruling,
Mr Mitchell said the govern-
ment should seriously review its
policies governing the use of
SIB reports.

“T don’t recall a judge hav-
ing made a comment on SIB
reports before. When a justice
of the Supreme Court makes
some kind of finding or gives
an opinion, the executive should
really study the matter and
make a determination about
some action based on what he
said,” said Mr Mitchell.

He said he personally feels
that “basic fairness” should dic-
tate that any public servant has
a right to see what is on their
file, including an SIB report,
“particularly if you are going to
use it to make a decision that
is contrary to that person’s
interests.”

Mr Mitchell said it was resis-
tance from the “bureaucracy”
itself that has blocked succes-
sive governments from adopt-
ing any change in policy.

He said the public service
should desist from the common
practice of placing negative SIB
reports on the files of public ser-
vants and using them as the
basis for denying promotions
without their knowledge, and
without serving as grounds to
initiate disciplinary proceedings.

He said the standard set in
the Rehabilitation of Offend-
ers Act should apply to the use
of SIB reports, which suggests
decision makers “should not be
able to use SIB reports” if it has
been sitting on a public servan-
t’s file for seven years.

¢ SEE PAGE THREE
THE TRIBUNE

WEDNESDAY, MARCH 9, 2011, PAGE 11



INTERNATIONAL NEWS

Gadhafi forces barrage rebels in east and wes

Loyalists threaten
to recapture closest
rebel-held city

TRIPOLI, Libya
Associated Press

AFTER dramatic suc-
cesses over the past weeks,
Libya's rebel movement
appears to have hit a wall
of overwhelming power
from loyalists of Moammar
Gadhafi. Pro-regime forces
halted its drive on Tripoli
with a heavy barrage of
rockets in the east and
threatened Tuesday to
recapture the closest rebel-
held city to the capital in
the west.

If Zawiya, on Tripoli's
doorstep, is ultimately
retaken, the contours of a
stalemate would emerge —
with Libya divided
between a largely loyalist
west and a rebel east as the
world wrestles with the
thorny question of how
deeply to intervene.

President Barack Obama
and British Prime Minister
David Cameron agreed to
plan for the "full spectrum
of possible responses" on
Libya, including imposing a
no-fly zone to prevent
Gadhafi's warplanes from
striking rebels. According
to a White House state-
ment, the two leaders
spoke Tuesday and agreed
that the objective must be
an end to violence and the
departure of Gadhafi “as
quickly as possible."

Zawiya, a city of 200,000,
was sealed off under a fifth
day of a destructive siege,
with conflicting reports of
who was in control. A
brigade led by one of Gad-
hafi's sons, Khamis, is
believed to be leading the
assault, shelling neighbor-
hoods with tank and
artillery fire from the out-
skirts and trying to push
troops in to the city's cen-
tral Martyrs Square where
rebels had set up camp.

Hospital

The city hospital has
been overwhelmed with
dead and wounded and
many houses have been
damaged, according to res-
idents who escaped the
past two days. One man
who slipped out of the city
on Monday said pro-Gad-
hafi forces had seized the
central square.

An adviser to the Libyan
Foreign Ministry in Tripoli
on Tuesday also claimed
that government troops
were in control, raising the
green flag over the square.
The adviser, who is origi-
nally from Zawiya, said he
was trying to mediate a
cease-fire with remaining
rebels. He spoke on condi-
tion of anonymity because
of the sensitivity of the
talks.

But a resident of the
nearby town of Sabratha
said people who fled from
Zawiya on Tuesday after-
noon told him fighting con-
tinued, with rebels back in
control of the square. He
said they reported hit-and-
run attacks between the
two sides.

The various reports
could not be independent-
ly confirmed. Electricity,
phone and Internet ser-
vices have all been cut in
the city, making it impossi-
ble to reach witnesses
inside Zawiya, just 30 miles
west of Tripoli.

The recapture of Zawiya
would be a significant vic-
tory for Gadhafi, easing a
threat just outside his main
bastion in the capital. If his
forces can hold it, it would
free up troops to deploy
against other rebel-held
areas.

The fall of Zawiya to
anti-Gadhafi residents ear-

ly on in the uprising that
began Feb. 15 had illus-
trated the initial, blazing
progress of the opposition.
The uprising swept over
the entire eastern half of
the country, breaking it out
of the regime's control, and
seized Zawiya and several
other cities and towns in
the northwestern pocket of
the country where Gad-
hafi's regime was confined.

But the government
could be regaining some
balance and its capability
to lash back with powerful
force.

The battle is far from
over and could be drawn
out into a long and bloody
civil war. The latest round
of fighting on opposite
ends of Libya's Mediter-
ranean coast once again
revealed the weakness and
disorganization of both
sides.

Even if it ends with
Zawiya's recapture, the
long siege of the city
underlined the rebels’
tenacity and the struggles
of even a reportedly elite
force like the Khamis
Brigades to crush them.

Advance

At the same time, Gad-
hafi's regime has been
using its air power advan-
tage more each day to
check a rebel advance west
toward Tripoli on the main
coastal highway leading out
of the opposition-con-
trolled eastern half of the
country. The increasing use
of air power underlines the
vulnerability of the rebel
forces as they attempt to
march across open, desert
terrain — but it also could
prompt world powers to
impose a no-fly zone over
Libya to deny Gadhafi that
edge.

In the east, Gadhafi's
forces succeeded over the
weekend in blunting the
rebels’ attempt to march
toward Tripoli, repelling
them from Bin Jawwad, a
small town 375 miles (600
kilometers) east of the cap-
ital, and driving them back
to the oil port of Ras
Lanouf, further east.

On Tuesday, troops fired
barrages of rockets at a
rebel contingent that tried
to move out from Ras
Lanouf. At least 26 wound-
ed were rushed to the hos-
pital in the town, some of
them with legs lost and
other serious injuries,
according to doctors there.

"IT was hit in the arm and
leg, my friend was wound-
ed in the stomach,"
Momen Mohammad, 31,
said while lying in a hospi-
tal bed.

Earlier in the day, war-
planes launched at least
five new airstrikes near
rebel position in Ras
Lanouf, one hitting a two-
story house in a residential
area, causing some dam-
age.

None of the strikes
appeared to cause casual-
ties, suggesting they were
intended to intimidate the
fighters, according to an
Associated Press reporter
who saw the strikes. The
anti-regime forces were not
taking any chances and
were spreading out deep
inside the desert around
the area in small groups.

The rebels seem to have
reached a point of their
campaign where they need
to figure out how to orga-
nize resupply lines and
avoid becoming easy tar-
gets for warplanes in their
march across the open
desert region with little
cover. The extent of their
westward reach is a check-



LIBYAN VOLUNTEERS gesture as they raise a pre Gadhafi flag on the outskirts of the eastern town of Ras Lanouf, Libya, Tuesday, March
8, 2011. Forces loyal to Moammar Gadhafi have scored a significant victory, recapturing the closest city to the capital to have fallen in
rebel hands. On another front near the opposition-held east, loyalists trying to stop anti-government fighters from advancing toward the
capital pounded the rebels with airstrikes and rockets. (AP)

point about six miles (10
kilometers) west of Ras
Lanouf.

In Benghazi, Libya's sec-
ond largest city and the
main rebel stronghold in
east, there was an unusual
attack after weeks of quiet
that followed the rebel cap-
ture of the territory.
Assailants in a car tossed
a grenade at a hotel where
foreign journalists were
staying, but there were no
casualties and only some
light damage to windows,
an opposition official said.

Terms

A spokesman for the
opposition's newly created
Interim Governing Coun-
cil in Benghazi said a man
who claimed to represent
Gadhafi made contact with
the council to discuss terms
for Gadhafi to step down.
Mustafa Gheriani told the
AP the council could not
be certain whether the man
was acting on his own ini-
tiative or did in fact repre-
sent the Libyan leader.

"But our position is
clear: No negotiations with
the Gadhafi regime,” said
Gheriani, who declined to
say when contact was made
or reveal the identity of the
purported envoy.

Libyan state television
denied that Gadhafi had
sent an envoy to talk to the
rebels.

LIBYAN MEN walk by burned veh

In London, British For-
eign Secretary William
Hague said that neither
Gadhafi nor rebel forces
appeared currently able to
establish supremacy. "At
the moment ... it seems that
either side lacks the imme-
diate power to overthrow
the other," he said.

The United States and its
NATO allies edged closer
Monday to formulating a
military response to the
escalating violence in Libya
as the alliance boosted sur-
veillance flights over the
country and the Obama
administration signaled it
might be willing to help
arm Gadhafi's opponents.
Europe, meanwhile, kick-
started international efforts
to impose a no-fly zone.

France and Britain have
taken the lead in drafting a
U.N. Security Council res-
olution that would estab-
lish a no-fly zone over
Libya to prevent Gadhafi's
warplanes from bombing
civilians and rebels.

It still appeared unlike-
ly that U.S. warplanes or
missiles soon would deploy
in Libya. British and
French officials said the
no-fly resolution was being
drawn up as a contingency
and it has not been decided
whether to put it before
the U.N. Security Council,
where Russia holds veto
power and has rejected
such a move.

Western officials have

said a no-fly zone does not
require a U.N. mandate,
but they would prefer to
have one.

An official with a sub-
sidiary of Libya's national
oil company said Tuesday
that production has
dropped by about 90 per-
cent, a reflection of the
beating the OPEC mem-
ber's oil sector is taking
amid violence raging in the
country.

Sirte Oil Co. is produc-
ing about 9,500 barrels per
day, compared to normal
production levels at about
95,000 barrels per day, said
company official Ahmed
Jerski.

Disruption

Analysts estimate that
more than half of Libya's
almost 1.6 million barrels
per day in production is
being shut-in, and the dis-
ruption in exports has sent
global oil prices skyrock-
eting.

The U.S. benchmark
crude contract for April
delivery was hovering
slightly below $104 per bar-
rel on Tuesday, retreating
from highs of almost $107
per barrel a day earlier.
The drop came as several
OPEC ministers said they
were talking informally
about whether to ramp up
production to offset the
Libya supply drop.



icles while visiting the stormed al-Katiba base in Benghazi, Libya Tuesday, March 8, 2011. Al-Katiba is a
Libyan internal security forces facility that hosted offices, a training field, an official ceremonies platform, an under ground secret deten-

tion camp and the residence of the Libyan leader Moammar Gadhafi in Benghazi, it was stormed and mostly burned by protesters during
the ongoing Libyan uprising. (AP)

The upheaval has also
sparked a massive exodus
by foreign workers in
Libya fleeing the violence.
As of Tuesday, 224,661
migrants had reached
Libya's borders with
Tunisia, Egypt, Niger and
Algeria since February 20,
according to the latest
International Organization
for Migration figures pro-
vided Tuesday to AP.

But a Red Crescent offi-
cial said Tuesday that sol-
diers loyal to Gadhafi have
blocked some 30,000
migrant workers from flee-
ing into Tunisia and forced
many to return to work in
Tripoli.

Ibrahim Osman of the
International Federation of
Red Cross and Red Cres-
cent Societies told The
Associated Press that the
migrant workers were
rounded up and held in
Libyan immigration build-
ings near the Tunisian bor-
der last week.

Osman, who heads the
agency's assessment teams
in northern Africa, said
Gadhafi soldiers were
forcibly returning many of
the 30,000 Bangladeshis,
Egyptians and sub-Saharan
Africans nearing the Ras
Ajdir border crossing.

He said loyalists held a
pro-government demon-
stration at the crossing and
appear to have forcibly
return the migrants to ser-
vice jobs.
PAGE 12, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



LOCAL NEWS



Lionfish: Predator
to the main course

By KHYLE QUINCY PARKER
Press Attaché

Embassy of The Bahamas
Washington, DC

WASHINGTON, DC - The
National Aquarium in Washington,
DC, inaugurated its ‘Fresh
Thoughts: Sustainable Seafood Din-
ing Series’ in March, featuring lion-
fish collected in the Bahamas.

Bahamas Ambassador to the
United States Cornelius A Smith
attended, and was enthusiastic
about both the evening’s success
and the initiation of a charge to
develop a potential market for the
consumption of the lionfish in the
DC Metro area.

Given the threat the lionfish rep-
resents to traditional fisheries
exports like grouper, the creation of
such a market would be a boon of

ee ay

immeasurable worth to the
Bahamas.

“At a time when fisheries exports
in the Bahamas are not as strong as
is desirable, the opportunity to cre-
ate a new source of revenue for our
marine sector is very welcome. Add
to that the chance to exert a mea-
sure of control over this predatory
species, and you begin to see why
we are excited about this venture
and what it may mean,” Ambas-
sador Smith said.

“T can only hope that the marine
sector in the Bahamas will be
encouraged by this event to redou-
ble efforts to build an export mar-
Ket for lionfish. Such foresight will
only redound to the benefit of our
people, reaping commercial
rewards and conservational bene-
fits.”

The Indo-Pacific Red Lionfish

(Pterois volitans) is not native to
the Atlantic.

In fact, this fish has been invading
tropical Atlantic waters at an alarm-
ing rate and, in addition to causing
major concern in the Bahamas, is
threatening aquatic ecosystems as
far east as Bermuda and south to
the entire Caribbean.

The National Aquarium, the
National Oceanic and Atmospher-
ic Administration (NOAA) and the
Reef Environmental Education
Foundation (REEF) have studied
methods of controlling the popu-
lation and impacts of the lionfish.
After those studies and consulta-
tion with the restaurant sector,
human consumption has emerged
as a viable method to control the
population of this venomous pest
species.

“At a time when concerned ven-

I



LIONFISH was featured at the inaugural ‘Fresh Thoughts’ event.

dors, restaurateurs and diners are
seeking sustainable seafood choic-
es, biologists are suggesting that the
red lionfish may provide a com-
mercial opportunity as well as a
means to control an invasive
species,” said Andy Dehart, direc-
tor of Fishes and Aquatic Inverte-
brates at the National Aquarium.
“With so many fish stocks over-
exploited, we’re thrilled that lionfish
offers a great-tasting fillet and we’re
excited to finally introduce it to

Washington, DC, food enthusiasts.”

This was the impetus behind
the decision to feature lionfish at
the inaugural ‘Fresh Thoughts’
event.

Chef Xavier Deshayes partnered
with the aquarium to launch this
sustainable seafood dining series at
the aquarium’s DC location. ‘Fresh
Thoughts’ is intended to celebrate
“sensible and scrumptious seafood
choices with the help of renowned
Washington, DC, chefs.”



Four people killed |
in Ivory Coast after |
women honour dead

ABIDJAN, Ivory Coast
Associated Press

IN AN act of bold defiance,
thousands of women converged
Tuesday on the bloodstained
pavement where seven of their
sisters fell last week, even as the
army backing this country's
rogue leader killed four more
civilians.

The brutal slayings last week
occurred when soldiers in
armored personnel carriers
opened fire on a crowd of female
demonstrators who were armed
with nothing more than tree
branches, symbolizing peace.

The attack has further galva-
nized the international commu-
nity against strongman Laurent
Gbagbo, who has refused to
yield power three months after
being declared the loser of his
country's election.

The women had tried to
march everyday since the attack
Thursday only to lose their nerve
in the face of an army that has
shown no restraint, including by
breaking the long-standing code
that has always protected
women. They refused to be
cowed on Tuesday, however,
because it was International
Women's Day.

Hours after several hundred
women marched in Treichville, a
downtown neighborhood, the
army burst in and killed at least
four civilians. Reporters saw the
bodies of three men and one
women on the blood-splattered
floor of a clinic.

Thousands of other women
demonstrating near the site of
last week's killings in the Abobo
district were protected by men
who had formed a wall across
the mouth of a freeway by lining

A BOY gestures in front of a protest fire set by local youth, short-
ly before security forces loyal to Laurent Gbagbo opened fire on
civilians, in the Treichville neighborhood of Abidjan, Ivory Coast °
Tuesday, March 8, 2011. Soldiers backing Ivory Coast's rogue
leader opened fire on civilians again Tuesday, killing at least four
people hours after hundreds took to the streets to protest the
deaths of seven women gunned down at a march last week. (AP)

cars end-to-end.

Mariam Bamba, 32, picked up
a limp branch Tuesday next to
one of the blood stains on pave-
ment. "This leaf is all they were
carrying,” she said of the victims.

The seven women are just a
fraction of the more than 400
people killed in the three months
since this country's disputed elec-
tion. Because they were
unarmed women, their deaths
have prompted international
condemnation, including from
the U.S. State Department
which called Gbagbo "morally

bankrupt."

A video obtained by The
Associated Press shows the joy-
ful crowd blowing whistles and
waving branches moments
before the women are mowed
down.

When Sako Bamara arrived
at the hospital last Thursday, his
relatives told him not to lift the

cloth covering his wife's body.
At least not above the shoulders.
"They wouldn't let me look at
her face," he said. "So I had to
identify her feet," he said. Then
he broke down.

The video's grainy footage
clearly shows that the 34-year-
old had been decapitated. Her
brother-in-law was the first to
arrive and recognized her by the
color of her T-shirt. Bones were
protruding from her neck.
Beyond there was nothing. The
survivors brought wooden carts
from the nearby market and
used them to transport the dead
to the hospital.

Bamara had encouraged her
to go to the march, just as so
many other husbands and
fathers had. "That morning she
asked my permission to go. I
said, ‘Be careful.’ Since they are
women, I thought they would
never shoot.”

At the hospital, the dead
women were laid side by side,
and at one point a mobile phone
started ringing inside the pocket
of one of the other lifeless
women.

Bamara's brother lifted the
cloth covering her body and
retrieved it out of her pocket.
On the other end was the dead
girl's frantic father, Gnelle Gnon
Ouattara, who could not reach
his 21-year-old daughter Rokiya.
He rushed to the hospital and
saw his child, part of her neck

NUR

FOR LENT





sheared off by the large-caliber
bullet.

"In Africa we say that it's the
child that must bury the father,"
said Ouattara. "When it's the
father that buries the child,
something isn't right."

The women marching Tues-
day wore T-shirts bearing the
smiling portrait of 'ADO' —
Alassane Dramane Ouattara,
the democratically elected pres-
ident who has been prevented
from governing the country by
Gbagbo.

He has spent the first three
months of his term inside a
resort hotel under day-and-night
United Nations protection, and
was to leave the grounds for the
first time Tuesday night at the
invitation of the African Union.

Both Ouattara and Gbagbo
have been invited to travel to
Addis Ababa, Ethiopia to hear
the verdict of the AU's Peace
and Security Council, which was
attempting to find a solution to
the crisis. Quattara has called on
the international community to
launch an armed intervention in
order to oust Gbagbo, who
appeared on state television last
week to say that he is "hanging
in there.”

"T heard someone say that
God has left Africa," said
‘Yacouba Ouattara, a relative of
one of the dead women. "No.
It's Ivory Coast that God has
left."

A MAN in a balaclava provides security at a rally of supporters of Alassane Ouattara
protesting against violence linked to the nation's ongoing political crisis, in the
Abobo district of Abidjan, Ivory Coast yesterday. (AP)






Chamber
target for
April on
survey

* Utilities, Immigration

private sector concerns
* Tsland’s unemployment
rate ‘upwards of 20%’,
and Chamber chief says:
‘We can’t catch a break’

By NEIL HARTNELL

The Grand Bahama
Chamber of Commerce is
hoping to present the find-
ings of its private sector sur-
vey, a Key step in its devel-

opment of an economic plan }

for Grand Bahama, to the
“key change agents” by
April-May, its president

telling Tribune Business yes- if

terday that the island’s

unemployment rate was now i

likely “upwards of 20 per
cent”.

K P Turnquest said the
Chamber was completing
Phase Two of its economic
plan, the information gath-
ering stage, and was aiming
to present its findings to the
Government, Grand
Bahama Port Authority
(GBPA) and the island’s
wider community “certainly
by May at the latest”.

“We’re moving now into
the solidifying of the issues
that have been raised to
develop key points for pre-
sentation to the change
agents - the Government,

SEE page 3B

BEC fuel charge
rise inl a month

Corporation aims to
mitigate impact through use
of more efficient Bunker C

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

Bahamas Electricity
Corporation (BEC) cus-
tomers will “likely” see a

rise in the fuel charge com-
? found were high loss-levels in
? the Family Islands, both tech-
i? nical (as a result of distribu-
i tion/transmission issues) and
? non-technical (as a result of
? theft, metering problems and
i the like).

ponent of their bill “in
another month’s time”,
given the delayed impact
of higher oil prices on its
costs, although efforts will
be made to mitigate this
through the use of higher-
efficiency generation units.

Michael Moss, BEC’s
chairman, yesterday said
that a trend of decreasing
fuel charges for the last
several months will likely
turn around soon when the
impact of rising oil prices,
resulting largely from the
unrest in Libya, is seen in
BEC’s fuel bill.

“The fuel charge for the
last several months has
been going down on your
bill, but increases in fuel

costs have just come about, hae
? about (reducing) it, although

? I believe the accuracy of the
i numbers leave much to be
i? desired, and so the first thing
? to dois to go in and begin to
i scrub the systems.

so those are not yet filter-
ing through to your bill. I
do expect in another mon-
th’s time, when we take
another delivery of fuel
and probably pay a higher
price for that fuel, con-

a higher fuel charge on
their bill,” he added.

However, Mr Moss said
this is not a given.

“What we are trying to
do is maximise the amount
of equipment we burn
Bunker C (fuel) in to min-

SEE page 4B

THE TRIBUNE

US!

WEDNESDAY,



MARCH 9,

SS

2011

SECTION B « business@tribunemedia.net

a.

A
=



MICHAEL ANDERSON

QUT ISLAND ELECTRIC SALES
“MORE THAN WE PRODUCE’

BEC data accuracy ‘leaves much to be desired’

? By ALISON LOWE
i Business Reporter
i alowe@tribunemedia.net

The Bahamas Electricity

? Corporation “needs to get its
i data straight” as it relates to
? technical and non-technical
: electricity losses in the Fami-
: ly Islands, its chairman said
yesterday, with “the accura-
: cy of the numbers leaving
i much to be desired”. In some
? months, BEC is shown as sell-
: ing more electricty than it can
i produce.

Michael Moss said BEC’s

? recorded losses in the Family
i Islands are “all over the
? place”, and any effort to start
? addressing this would be fruit-
i less without first getting reli-
i able data.

He was responding to a

query from Tribune Business
i as to whether BEC has been
? able to address what interna-

tional consultants, Fichtner,

Fichtner, in a 2010 report

? supported by the Inter Amer-
i ican Development Bank
? (IDB), said that while BEC’s
? technical/non-technical loss
i? figures in New Providence
i were not excessive compared
? with other nations in the
? region, losses in the Family
i Islands are high compared
? with those in other Caribbean
? countries, and especially com-
i pared with countries outside
i of the region.

Referring to the Family

Island losses, Mr Moss said:

“Nothing has yet been done

“We have commenced that

sumers will likely be seeing aoe

“We are now getting what

i we believe to be more reli-
i able data, and once we have
i that we can then begin to
i focus on the issues.”

Mr Moss said he receives a

i? monthly report on Family
i Island electricity consumption
? and losses, and he suspects
i there are significant discrep-
i ancies.

By NEIL HARTNELL
Tribune Business Editor

The $62.5 million Common-
wealth Brewery/Burns House
initial public offering (IPO)
stands “a fairly good chance of
being fully subscribed” based
on initial investor expressions
of interest, its placement agent
told Tribune Business yester-
day, adding that the stock
would be BISX’s third largest
by market capitalisation once
listed.

Describing the liquor manu-

“Sometimes I have seen
some of the monthly reports
say the amount of electricity
sold to customers is more
than we produce.

“When you see that you
know you have a problem,”
he said.

Losses in the Family Islands
are likely to be primarily “non
technical” - due to theft or
metering problems - he sug-
gested.

“Good chance’ $62.5m
IPO fully subscribed

@ Commonwealth Brewery/Burns House stock to be

| third largest market cap at $250m once listed on BISX

8 Hf Amount sought ‘more than two times’ the highest

and incentives among key : eae
| amount raised’ in any IPO

_ EE ‘Blue chip’ offering presents first ‘really good

_ dividend yield to market for some time’

2011 to be key test for capital markets, and investor

_ split anticipated to be 80/20 in favour of retail

Tribune Business Editor :

facturer/distributor as a “blue
chip” addition to the Bahamian
capital markets, Michael
Anderson, president of Royal-
Fidelity Merchant Bank &
Trust, said the IPO was “the
first time we’ve brought a real-
ly good dividend yield to mar-
ket for some time”.
Explaining that the relative-
ly high dividend yield was like-
ly to be attractive to both
Bahamian institutional and
retail investors, Mr Anderson

SEE page 4B

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



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Two years to
deal with BEC’s
‘atrocious’
forced outages

Corporation ‘well overdue for maintenance
on every piece of equipment’

By ALISON LOWE
Business Reporter
alowe @tribunemedia.net

It will take at least two
years to address the Bahamas
Electricity Corporation’s
(BEC) “atrocious” forced
outage rate and reduce this
to internationally-accepted
standards, given the long-
overdue equipment mainte-
nance this will demand, its
chairman said yesterday.

“The average rate is still
unacceptable, and it will take us two years to get on
track in terms of outages. We are well overdue for main-

MICHAEL MOSS

SEE page 4B



QUR LUCAYA CLOSURE STRATEGY
‘DIMINISHES PRICE COMPETITIVENESS’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The closure of two of the
Our Lucaya Golf and Beach
Resort’s lower-price proper-
ties in favour of keeping open
its more high-end hotel will
reduce Grand Bahama’s price
competitiveness as a destina-
tion, and make it “harder to
achieve” a boost in overnight
arrivals to the island, the Min-
ister of Tourism and Aviation
said yesterday.

Given that occupancies
were already low, the 58 per

tory brought about by Hutchi-
son Whampoa’s decision to
close parts of the resort will
not have as much effect as the
fact that the rooms the own-
ers are choosing to keep on
the market are “the higher
price category rooms”, Vin-
cent Vanderpool-Wallace told
Tribune Business.

His comments came after
resort executives confirmed
on Friday that over 200 staff
would be terminated, and
parts of the hotel closed in
light of major losses. Our

SEE page 8B

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PAGE 2B, WEDNESDAY, MARCH 9, 2011

THE TRIBUNE



Gas retailers penalised by
‘inefficient’ price structure

Think-tank executive points out that government tax take
53% more than retail/wholesale margins combined, as he
and Chamber chair agree duties Key to relatively high prices

By NEIL HARTNELL
Tribune Business Editor

Gas station retailers suf-
fer margin erosion through
an “inefficient” pricing
structure that penalises them
when oil prices increase
through high capital costs,
the Bahamas Chamber of
Commerce and Employers
Confederation’s (BCCEC)
chairman said yesterday,
adding that government tax-
eS were a major factor
behind the relatively high
prices.

Khaalis Rolle told Tri-
bune Business that while it
could be argued that gov-
ernment-imposed price con-
trols on retail and wholesale
margins in the petroleum
industry had benefited
Bahamian consumers, they
also had the consequence of
constraining gas station
profitability.

Yet he argued that price
controls were not the main
factor in determining
Bahamian gasoline and
diesel prices, the two key
components being the land-
ed cost of fuel (global oil
prices) and the tax structure
imposed on the industry by
the Government,

“I think price control, the
Government-controlled
margin system, was meant
to protect the consumer,”
Mr Rolle told Tribune Busi-
ness. “To my mind, to this
point it has been relatively
effective, but I don’t think

hc ie:
KHAALIS ROLLE

that’s the major issue at
hand.

“When you start to look
at petroleum prices, the
margin is a relatively small
component of the pricing
structure of fuel.

Margins

“The main component is
the actual landed, acquisi-
tion cost of the fuel, and
then you tack on the mar-
gins, tack on the duty struc-
ture of the gasoline.

“At any point, duties
make up a huge part of the

= o



overall price. So, compared
to other places, the price is
extremely high, but it is
extremely high for a couple
of reasons - the acquisition

The National Insurance Board
of the Commonwealth of The Bahamas

Proposal For Independent Auditors

The National Insurance Board (NIB) invites suitably qualified accounting firms co submita proposal
toserve as independent auditors for the audit of the National Insurance Fund's consolidated financial
statements for the fiscal year ending December 31, 201 1, subject to renewal for an additional two
years, The financial statements are to be completed in April, following the year-end.

The 2009 Annual Report ean be accessed ar wwwnib-hahamas.com

The proposal should include, but not be limited to:

1. General information on the firm and its local and/or international athiliares,

. The qualifications and experience of che principals of che firm, including comments regia ring
ather professional staff members’ skills and COMpetenee,

a 7 . a . . . i = * . . . - « *
. Information on the firms audit SX PereMce Lib financial institucions similar in size or nature to

the NIB.

4. The approach and time-line that will be adopted for the audit and related services that che firm

can provide the NIB.

. Comments with respect to the firm's independence.

6. Estimates of fees and billings.

Proposals should be addressed to:

The Director

THE NATIONAL INSURANCE BOARD

and marked “Proposal to Serve as In

Clifford Darling Complex
Baillou Hill Road
Nassau, Bahamas

endent Auditors”, to arrive at the Director's Office no

laver than 4:00 P.M, OF Friday, April 9, 2011. The NIB reserves the right IO rejeee any of all

tenders.



cost of the fuel, and the duty
and tax structure of the
fuel.”

Retail margins on gaso-
line and diesel per gallon are
$0.44 and $0.33 respectively,
with wholesale margins on
the former fixed at $0.33 per
gallon.

The Government, mean-
while, via the tax structure
earns $1.06 per gallon of gas
plus 7 per cent Stamp Duty
and, when oil prices rise as
they now do, its take goes
up thanks to the latter being
calculated as a percentage.

Mr Rolle’s assessment was
backed by Nassau Institute
think-tank executive, Rick
Lowe, who pointed out that,
based on gasoline selling for
$3.80 per gallon, the Gov-
ernment’s collective $1.18
per gallon take was 53 per
cent more than the com-



bined retail/wholesale mar-
gins. “Beside the fact that
price controls are inherently
immoral, and particularly in
the Bahamas, where the
Government makes some 53
per cent more than the
combined take of the inter-
national suppliers and local
retailers, it's simply not pos-
sible to please both con-
sumers and suppliers,” Mr
Lowe said.

World

“So as the world price of
gasoline increases, the Gov-
ernment’s take, or profit if
you will, continues to esca-
late, while the retailers who
have to pay more for a gal-
lon earn the same amount
per gallon.”

He added that the easiest

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short-term solution to ease
the impact of rising oil prices
was for the Government to
reduce its tax take, but
“there’s always a price to
pay”.

In this case, it would be
the effect on government
revenue at a time when the
Ingraham administration is
looking to squeeze out every
last cent of revenue from the
Bahamas’ weak economy.
For that very reason, and
given that petroleum-related
taxes, together with those
on motor vehicles, account
for around 35-40 per cent of
total government revenues,
the administration will
almost certainly not be low-
ering these duties any time
soon.

However, Mr Lowe sug-
gested: “If the Government
is not prepared to drop price
controls in view of the
increases of oil on the world
market, they might consider
holding the Stamp Tax
charges at current levels,
rather than charge the 7 per
cent on ever increasing CIF
prices of imported oil.”

He added: “Government
needs revenue, and does not
want to reduce its margin,
but the public are saying:
‘Make the gas retailer
charge me less’. It’s a diffi-
cult position to believe you
can control international
prices of anything. As far as
controlling it, it’s impossi-
ble, I think.

“Unless the Government
is prepared to do with less
revenue from a gallon of
gasoline, why get into the
middle of it? The Govern-
ment is saying: ‘I’m going to
limit the retailer’s margin to
a set figure, but I’m not
going to limit myself.’ That
doesn’t seem entirely fair to
me.”

Meanwhile, Mr Rolle told
Tribune Business: “In terms
of whether price controls are
an effective measure for
protecting the consumer, I
guess you can make the
argument they are, but in
terms of the overall prof-
itability for retailers, they
are constraining.

“If prices go up too high,
the cost of capital goes up.
The retailers need more
money to pay for fuel
upfront, so the cost of get-
ting the fuel goes up for
them. Because the cost of
capital is so expensive, it
strains their margins.

“If they have to go into
overdraft to pay for fuel
shipments, they have to pay
overdraft charge, which
come out of the margin.
That’s where the inefficien-
cy is in the pricing structure.
Petroleum products are a
very heavily taxed com-
modity, and it doesn’t serve
them well.”

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.






PAGE 1

V olume: 107 No.90WEDNESDAY, MARCH 9, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 W EATHER SUNNY AND BREEZY HIGH 80F LOW 70F F E A T U R E S S EE THEARTS SECTION S P O R T S Elementary Elegance SEESECTIONE Raptors in the lead By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net A TEENAGER paralysed in a horrific car accident two years ago is reaching out to the com m unity for help in getting treat ment which could help him walk again. Renaldo Bradford Gibson and his mother Jacqueline Ford were involved in a car accident in March 2009 in which Renal do broke his second vertebrae, leaving him unable to move any part of his body. This has really left me in a mental state, Mrs Ford told The Tribune yesterday. All the ups and downs of his case has thrown me into depression sometimes. My family has been torn because of this. Remembering the day of the accident, Mrs Ford said she was pulling out of a corner on Prince Charles Drive, on her way to drop her son off to school, when a truck hit the passenger side of their car, where Renaldo was seated. Mrs Ford said she blacked out for a few moments only to wake up and find her son had been thrown from the car and was lying unconscious on the pavement. Taken to Princess Margaret Hospital, Renaldo immediately underwent emergency surgery to stabilise his neck. Mrs Ford, who escaped with minor injuries, received the devastating news from doctors shortly afterwards her son would never walk again and would be ventilator-dependent for the rest of his life. Although he has remained bedridden in hospital for the last two years, 18-year-old Renaldo has slowly regained feeling all over his body and now has some limited move ment in his legs, which doctors initially told Mrs Ford would not be possible. Renaldo is still connected to a ventilator, but Mrs Ford believes that with further med ical treatment and rehabilitation in the United States, Renaldo may have a chance of regaining some use of his legs and even upper body. "My son is a fighter and has a desire to go on," said Mrs Ford. She said she wanted PHM Mum s plea for paralysed son TRY OUR D OUBLE M cFISH The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Help my boy walk again B AHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT: As police on Grand Bahama launched an investigation into the islands first homicide this year, a seco nd man was discovered shot to death in his car in the Garden Villas area. A 24-year-old man, who was stabbed early Sunday morning at a Freeport nightclub, died at hospital on Monday, police reported. The young man, identified as Tamaro Johnson, is a resident of Weddell Avenue, where police discovered a second man s hot to death around 11.50pm on Mon day. It is not known whether the incidents are connected and if the shooting was in retaliation. SEE page 10 MAN DISCOVERED SHOT DEAD IN CAR By NOELLE NICOLLS Tribune Staff Reporter nnicolls@tribunemedia.net VETTING reports produced by the Security and Intelligence Branch are often based on gossip and trivia, claims Fred Mitchell, opposition spokesman on the public service. Appointments and promotions in the public service are often predicated on a positive vetting score, but Mr Mitchell said decision makers should exercise their own judgment and in some cases even overrule an SIB report. He said he was not question ing the usefulness of vetting, but said the reports should be used with caution. The common practice, he said, was for SIB reports to be elevated in the minds of the bureaucracy to too high a level. What we have to be careful of is that gossip does not turn into the official record of your behaviour, said Mr Mitchell. He described the investigative process in producing an SIB report as going to the neigh bourhood where you live and asking people what do you know about the person. Superintendent Robert Young, head of the SIB, did not return messages asking him to comment on Mr Mitchells statement. Credible allegations, information about convictions or undisclosed offences could reasonably have a material affect on a promotion decision, said Mr Mitchell, but he cautioned against using SIB reports as the SEE page 10 SECURIT Y AND INTELLIGEN CE BRANCH VETTING REPOR T S SHOULD BE TREATED WITH CAUTION PLP Leader Perry Christie said last night that all PLP MPs, and Senators will vote no on the sale of BTC to Cable and Wireless when the matter comes to the House of Assembly and the Senate. Declaring before a crowd of supporters at the partys rally at the Golden Gates Shopping Centre that the PLP will be calling for a division on this issue, Mr Christie said that they want Bahamians to see and for history to record which of their representatives will vote for the fire sale of the national patrimony. I repeat: the PLP is opposed to the sale of BTC PROGRESSIVE Liberal Party supporters met last night at a Golden Gates rally to hear presentations from party officials. Jerome Gomez, PLP can didate for Killarney said: My fellow Bahamians, these are dark times in our beloved Bahamas. We are being attacked on every front. Crime is at an all time high! Unemployment is at an all time high! The Bahamian spirit is at an all time low! Broken and battered by this uncaring government. And instead of lifting up the Bahamian spirit, all this FNM government wants to do is to build roads. Roads SEE page 10 SEE page 10 CHRISTIE:ALL PLPS WILL V OTE NO ON THE S ALE OF BTC PLP MEMBERS CRITICISE FNM AT PARTY RALLY SEE page 10 SEEKINGHELP: Renaldo Bradford Gibson pictured (left accident and (above er Jacqueline Ford were involved in a car accident which left him unable to move any part of his body.

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L OCAL NEWS P AGE 2, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE ROBINSON Road from Key West Street to the junction with East Streetr emains under full closure as road work continues on this corridor. We're working towards completing this area in totality. We're connecting to water mains and preparing to install four utility service ducts, said Ministry of Public Works pro ject engineer Charlene Collie. The intention is to complete the works from beginning to end. Other works to be car ried out include installation of signs and road markings. We're asking the general public and business owners to bear with us while we try to complete these works as quickly as possible. On the eastern end of Robinson Road (from Claridge Road to Miami Street) under full closure we were able to complete the works in a shorter time rather than with traffic moving at all times. The full closure is to maximise the safety of the motoring public, pedestri ans and workers, she said. D iversion notifications are in place. Drivers are advised to use the Independence High Way to Baillou Hill Road and Eighth Street to East Street or continue to Baillou Hill Road travelling north and then use Independence Drive to travel east to Marathon Road (using a portion of Robin son Road). Access to local business e s and homes will be provided, the Ministry of Works said. Drivers can expect to see more closures in the Robinson Road area as work progresses west towards Baillou Hill Road. SEEPAGESEVEN THE PEWS of Wesley Methodist Church on Baillou Hill Road and Chapel Street were full yesterday as wellk nown Bahamian psychiatrist Dr Timothy Barrett s poke about methods of c onflict resolution. The monthly forum is sponsored by the Community Couns elling and Assessment Centre. R aymond Bethel / BIS NINE men were arraigned in a Magistrates Court on Monday on drug charges. Lathario Rose, 36, of Rupert Dean Lane; David Cole brooke, 49, of Jasmine Gardens; Dwayne Henderson of Prince Charles Drive; Nathaniel Higgs, 26, of North Eleuthera; and Jason Major, 26, of East Street, pleaded not guilty to the charges of possession of dangerous drugs with the intent to supply and importation of dangerous drugs. The men were arrested last Wednesday near Cay Verde, Ragged Island after authorities intercepted some boats and retrieved 852 pounds of marijuana. Police estimated the drugs to have a street value of $852,000. The five men were arraigned along with four others on additional charges. Rose, Colebrooke, Henderson, Higgs and Major have been charged along with Mario Moxey, 39 of Kemp Road; Zintwan Duncombe, 25, of Fresh Creek Andros; David Sweeting, 34, of Exuma; and Carlton Johnson, 31 of Kemps Bay, Eleuthera with conspiring to import and conspiring to possess dangerous drugs. The men all pleaded not guilty to the charges. They were remanded to Her Majestys Prison and are expected back in court on March 14. WORKMEN BUSY INSTALLING a six-inch water main at the Robinson Road and East Street junction. PROJECT ENGINEER Charlene Collie (centre a nd Robinson Road as ministry employee Latoya Walker (left Robinson Road and East Street junction closed for road work Nine appear in court on dr ugs charges CHURCHHOSTSCONFLICTRESOLUTIONFORUM Share your news The Tribune wants to hear fr om people who are making news in their neighbourhoods. Perhaps you ar e raising funds for a good cause, campaigning for improvements in the ar ea or have won an awar d. If so, call us on 322-1986 and shar e your story.

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PRIME MINISTER H ubert Ingraham is interf ering in the courts process o f determining costs in the case of Cheryl Grant-Bethell according to Fred Mitchell, opposition spokesman on the public service. He said this days after Prime Minister Ingraham categorised a recent Supreme Court ruling as a defeat for Mrs GrantBethel, and said the government expects to be awarded costs. Mr Mitchell said: Here are the facts on the issue of costs. The matter of costs has been reserved to the March 18 court hearing. Any comment then on costs could well be interpreted as an attempt by the executive to tell the court what to do. Mr Ingraham is a lawyer and knows better. The issue of those costs remains a matter for the overall arguments on the March 18 hearing and are for the judge to decide, not the prime minister, he said. The court refused most of the positions filed by Mrs Grant-Bethell in her appli cation for a judicial review after being passed over for the post of Director of Public Prosecutions. However, Senior Justice Jon Isaacs did rule that Mrs Grant-Bethell was treated unfairly by the Judicial and Legal Services Commission (JLSC appointment to the lesser post of Deputy Law Reform Commissioner was irra tional. Mr Mitchell said yesterday: We all happen to think that the prime ministers attack on the weekend was unseemly and we wish to say so in the public domain. In our eyes, in the view of the press, in everyone elses eyes except the prime ministers, Mrs Grant Bethell won her case. No amount of shouting and stamping by the prime minister can change what the court said about the conduct of the Judicial and Legal Services Commission, he said. Mr Mitchell further called on the prime minister to cease and desist threat ening that there may be legal implications to some of this remarks. The prime ministers remarks may be defamatory and Mrs Grant Bethel is presently having her lawyers examine those comments made at his press conference at the Lynden Pindling International Airport. He made certain charac terisations of Mrs Grant Bethell which are inaccurate and which may be defamatory. While she has no quar rel with the press, it is incumbent upon all of us to guard ourselves from being co-conspirators in a concerted effort by the govern ment of the Bahamas to besmirch her reputation. Suffice it to say that Mrs Grant Bethel asserts that at all times she spoke truthfully to the court, said Mr Mitchell. By TANEKA THOMPSON Tribune Staff Reporter tthompson@tribunemedia.net A GROUP of Abaco residents are set to protest against BEC this Thursday o ver unresolved issues with t he island's power supply. T he scheduled protest will come a week after BEC officials held a town meeting ont he island, where they promised that "by hook or crook" the communitys electricity woes would be d ealt with by the summer. As previously reported, many on the island fear BEC w ill not be able to keep its p ledge, forcing locals, second home owners and other t ourists to grapple with interm ittent power cuts and a consequent drop in business y et again. "Lots of business people here feel they (BEC trying to satisfy somebody (with words)," one business owner told The Tribune yes terday. People feel they are getting mixed messages. Last week BEC said new lines w ill be in by the summer t hat could mean as late as S eptember," added the entrepreneur, who did not want to be identified. "Next month, are they going to say something else?" Another Abaco resident said her business has d ropped by at least 20 per cent because of dips in the power supply. Meanwhile, c alls continue to pour in from tourists who are worr ied their summer travel plans will be blighted by blackouts, she added. I do have a lot of customers that have written to m e and asked are they going to have to put up with it again this year. We have am arina with 10 rented slips but we've lost two of our l ong-term boats because of t he power fluctuations that's 20 per cent of our busin ess," said the hotelier. They keep saying it's g oing to get better and I think it would be a major mistake and let down to tourists and the residents if they dont get this sorted out". Last week, BEC officials i nsisted that construction of overhead transmission lines for the Wilson City Power P lant will be completed by the summer although no e xact date was given a move expected to alleviate Abaco's power outages duri ng peak usage periods. We are going to get it r ight this summer, BEC chairman Michael Moss told the skeptical crowd. G overnment is reviewing bids for the installation of an u pgraded transmission line c apable of providing a con sistent power supply to Aba-c o residents. A contract s hould be signed by the end o f this month. Construction on the new overhead transmission line is expected to begin in April with a summer completion date. If the line is not in place by the summer, BEC will rely on the generators which are currently undergoing a $1 million refurbishment at the Marsh Harbour Power Station. At present we are fully capable of providing 14 megawatts of electricity from t he Wilson City Power Stat ion via the existing transm ission line. Should, for any reason, the transmission linen ot be installed on time, we a re presently overhauling the generators at the Marsh Harb our Power Station," explained Mr Moss at the town meeting. One million has been earm arked for this project and o nce completed the Marsh Harbour Power Station will have the capacity to supply am inimum of 11 megawatts (MW Wilson City and Marsh Harbour running simultaneously will adequately meet Abacos peak demand of 25 megawatts, Mr Moss said. By hook or by crook, residents in Abaco will not be subjected to another summer of constant outages, he added. LOCAL NEWS T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 3 Abaco residents plan protest against BEC A 30-YEAR-OLDNew York resident was sentenced to forfeit thousands of dollarsa nd be deported yesterday. Alphousseyn Sylla, a Frenchman residing in the Bronx, was arraigned before Chief Magistrate Roger Gomez in Court One,B ank Lane, charged with failing to declare, $ 23,076 and falsely declaring that he was not leaving the country with more than $10,000 cash. It is alleged that Sylla, while at the Lyn den Pindling International Airport on Monday, March 7, failed to declare 200 pesos,e quivalent to $16.15; 141 Riyal (Saudi cur rency) equivalent to $37.59; $1,584.70 in US currency; and ,254, equivalent to $3,642 in US currency. S ylla pleaded guilty to this charge, and a lso pleaded guilty to making a false decla ration. He was ordered to forfeit the cash and be deported. NEW YORK RESIDENT SENTENCED TO FORFEIT THOUSANDS OF DOLLARS MP says Ingraham interfering in court s process over costs BEC CHAIRMAN Michael Moss had said, We are going to get it right this summer. Concerns raised over issues with power supply FRED MITCHELL opposition spokesman on the public service.

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E DITOR, The Tribune. As a trained lawyer and a lifelong student of the con s titution, I fully believe in and support the right of anyone to hold a public demonstration. That right, howev e r, is not absolute. It depends on the demonstra tor observing the terms and c onditions imposed by the law; the rights of other members of the general public and, of course, considerations for public order and safety. I did not attend the recent demonstration in the area of Bay Street when there was an apparent confrontation between the police and s ome of the demonstrators but I did watch portions of it on television and read the various print media articles. T he demonstration should have been confined to the northern side of Rawson Square. The police did itsc ollective duty in erecting barricades and restricting the massing and movemento f persons away from the immediate vicinity of the House of Assembly. Persons should never have been in a position to threaten the person of any legislator, inclusive of the Rt Hon Prime Minister. It is one thing for persons who are supposedly opposed to the proposed sale of BTC to Cable & Wireless but something totally different to them proposing, in political and possibly violent terms, a change of regime, as some of the placards seemed to suggest. The demonstration, clearly, was motivated by other factors which must now be addressed by the Rt Hon Prime Minister and his administration. I would hope that none of the so-called demonstrators were induced to congregate on Bay Street for filthy lucre a nd/or some other selfish gain. Some say that some of the demonstrators were bused in by various politicalp arties which are in opposition to the FNM. If that is the case, I have no problem with that. My problemw ould be where there is evi dence to suggest that the demonstration may haveb een hijacked by political operatives. And so, yes, people have the right to demonstrate but the police and its excellent Commissioner of Police have the sworn duty to uphold law and order. They also have the duty to ensure the safety of the general public and the smooth flow of traffic, no more, no less. If the demonstrators opposed the proposed sale all they and their political allies need to do is to bide their time until the advent of the general elections and do what they must do. To God then, in all of these mundane things, be the glory. ORTLAND H BODIE JR Nassau, March 1, 2011. EDITOR, The Tribune. The fiscal policies foll owed by successive governm ents deficit spending, u nfunded liabilities and the over all debt load of The B ahamas will eventually become a burden for everyo ne through higher taxes or i nflation, if restraint is not b uilt into the system. Dr. Dan Mitchell of the Libertarian Think Tank, the Cato Institute r ecently provided food for thought ideas that might h elp our policy makers in an article that first appeared in Investor's Business Daily < http://www.investors.com/> on March 4, 2011. Pointing out that "good f iscal policy doesn't require miracles or dramatic shutd owns" but limiting the g rowth of the public sector, a nd coupled with normal revenue growth, government red ink disappears surprisingly quickly. He provides a few excel lent examples from around the world: Between 1994 and 1999 the US increased spending only 3 per cent each year and the result was a budget s urplus. I n the early 90's in Canad a, average annual increases i n government spending was only 1 per cent. In 1992 spending was 53 per cent of GDP and the deficit was 9 per cent of GDP. By 1997 spending was 44 per cent of GDP. Again a fter just five years, there w as a small surplus. The story was pretty m uch the same in Ireland. G overnment spending was 6 0 per cent of GDP in 1985 w ith deficits consuming a nother 12 per cent of the e conomy's output. A fter just four years of fis c al restraint, spending was around 43 per cent of GDP and deficits were reduced to 2.7 per cent of GDP. In Slovakia they increased their annual budget by only 1.3 per cent of GDP on a verage over the three years from 2000 to 2003 and the public spending dropped f rom 36.9 per cent of GDP t o 29.2 per cent. With other pro-growth p olicies like the flat tax and personal retirement accounts, economic growth was robust. And finally: F rom 1990 to 1995 New Zealand dropped spending from 53.5 per cent of GDP and deficits of 4.5 per cent of G DP down to spending of o nly 43.1 per cent of GDP a nd a budget surplus of 2.8 p er cent of GDP. In the US Dr. Mitchell points out that: "Two per cent annual spending i ncreases would lead to fiscal balance by 2021. Limiting spending growth t o 1 per cent annually would b alance the budget by 2019. A spending freeze would balance the budget by 2017." S o if the government "can't cut spending", surely the Budget can be held atc urrent levels in an attempt t o get the country's fiscal house in order in the not too distant future? R ICK LOWE Nassau, March 6, 2011 www.weblogbahamas.com E DITORIAL/LETTERS TO THE EDITOR P AGE 4, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama W EBSITE www.tribune242.com updated daily at 2pm EGYPTIAN women demanding equal rights on the 100th anniversary of International Women's Day were shoved by men who said they should go home where they belong. Congolese women asked their government to protect them from systematic rapes, and women in Croatia who lost their jobs accused the government of corruption. But the centennial anniversary of the day established by socialist women to promote better working conditions, the right to vote and hold public office, and equality with men, also was marked Tuesday by festivities including dancing in the street in South Korea's capital and a 10-kilometer run by some 8,000 women in Mexico City. Super-sleuth James Bond actor Daniel Craig got into the act trading his signature suit for a flowing blonde wig, print dress, pearls and heels for a short film marking the day that highlights the inequalities faced by women around the world. Speaking at U.N. headquarters in New York, Secretary-general Ban Ki-moon recalled that 100 years ago "gender equality was a largely radical idea." While progress since then should be celebrated, he said, "We must also remember that in too many countries and in too many societies women remain second-class citizens, denied their fundamental rights, deprived of legitimate opportunity." Their second-class status was evident in Cairo's now famous Tahrir Square, which pro testers who succeeded in ousting President Hosni Mubarak on Feb. 11 used as their base. Hundreds of women some in headscarves and flowing robes, others in jeans who marched to the square to celebrate the anniversary, demand equality and an end to sexual harassment were soon outnumbered by men who chased them out. In troubled Ivory Coast, thousands of women defiantly marched to the bloodstained street where seven female demon strators armed only with tree branches sym bolizing peace were brutally killed last week by soldiers in armored personnel carriers who opened fire. The women had tried to march every day since Thursday's attack but lost their nerve in the face of an army loyal to strongman Laurent Gbagbo who has refused to relinquish the pres idency to the internationally recognized winner of the November election, Alessane Ouattara. The women escaped attack Tuesday, but hours later the army burst into Treichville, the downtown neighbourhood where they marched, and killed at least four civilians. Reporters saw the bodies of three men and one woman on the blood-splattered floor of a clinic. In Congo's capital, Kinshasa, the president's wife, Olive Kabila, joined the march against rape, which has long been used as a weapon of war in the country. At least 8,300 rapes were reported in 2009 but aid workers say the true toll is much higher. In Croatia's capital, Zagreb, and the Adriatic port of Rijeka, protesters marking International Women's Day demanded jobs and called for the government to resign. In Manila, demonstrators demanded justice for "comfort women" forced into prostitution in World War II, and in Gaza, hundreds of Palestinian women called for an end to the rift between Hamas, which controls Gaza, and Fatah, which controls the West Bank. At an all-star gathering of women in Washington, U.S. Secretary of State Hillary Rodham Clinton said women must be included in any process of democratic reform in the Middle East. The audience included First Lady Michelle Obama and the female president of Kyrgyzstan and prime minister of Australia. Former Chilean President Michelle Bachelet, who now heads the new U.N. agency to promote women's rights, said the pioneering women who launched the annual commemoration would probably look at the world today "with a mixture of pride and disappointment." Over one million women and men took to the streets in Austria, Denmark, Germany and Switzerland on what was originally called International Working Women's Day on March 19, 1911 to demand an end to discrimination. The day became popular in Eastern Europe, Russia and the former Soviet bloc, and eventually spread around the globe. In some regions, it lost its political flavour and became an occasion for men to express their love for women with candy and flowers while in other regions, women's struggle for human rights and political and social equality remained the focus. In 1975, during International Women's Year, the United Nations began celebrating March 8 as International Women's Day. Two years later the U.N. General Assembly adopted a resolution proclaiming a day for wom en's rights and international peace. Despite major progress over the last 100 years, "the hopes of equality expressed on that first International Women's Day are a long way from being realized," said Bachelet, who became the first executive director of UN Women in January. Girls are still less likely to be in school than boys, almost two-thirds of illiterate adults are women, and every 90 seconds a woman dies in pregnancy or due to childbirth-related com plications despite the knowledge and resources to make births safe, she said. Women also con tinue to earn less than men for the same work and have unequal inheritance rights and access to land. Despite some high-profile advances, Bachelet said, only 28 women are heads of state or government and just 8 per cent are peace negotiators. Last week, the Inter-Parliamentary reported that while the number of women in legislatures reached an all-time high of 19.1 per cent in 2010, "the target of gender balance in politics is still a distant one." n (Article by Edith M. Lederer of AP Restraint must be built into the fiscal system LETTERS l etters@tribunemedia.net Equality for women a distant goal in world EDITOR, The Tribune. Ash Wednesday (March 9 son of Lent. It is a time when we fast with joy, submitting ourselves to spiritual struggles in preparation for the sorrowful Pas sion and joyful Resurrection of Our Lord Jesus Christ. What is demanded of all Christians at this time is fasting, abstinence, restriction of personal desires and pleasures, intense prayer, confession, and similar ascetic elements. Lent is a sacred time of divine grace, which seeks to detach us from things material, lowly and corrupt in order to attract us toward things superior, wholesome and spiritual. It is a unique opportunity to remove from the soul every inordinate passion so as to make room for the immense rejoicing and gladness of Easter. Limiting ourselves to what is absolutely essential and nec essary in an attitude of dignified, deliberate simplicity is a formula for patience and tolerance; it is an opportunity to acknowl edge and emphasize our need for Gods assistance and mercy, placing our complete trust in His affectionate providence; it isa prescription for salvation. Let us be up and on our way. PAUL KOKOSKI Canada, March 3, 2011. Lent is a sacred time of divine grace Demonstrations and the rule of law

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POLICE are following sig nificant leads in their investi gation into the shooting of a 42-year-old woman. The woman was at Butler Street, Nassau Village, when a silver Honda Inspire with fourmale occupants approached her shortly before 10pm on Mon day. A man armed with a handgun got out of the car and opened fire on the woman. The victim sustained gunshot injuries to both thighs and was taken to hospital by emergency medical services where she is listed as in stable condition. EMPLOYEES and cus tomers of a barber shop tackleda teenage armed robber and turned him over to police on Monday. Two employees and a customer at the Miracle Cut Barber Shop disarmed and detained the 17-year-old man who had entered the store armed with a handgun. The Farrington Road man, described by eyewitnesses as light-skinned, entered the shop at Moore Avenue and Palm Beach Street shortly before 7pm and demanded cash; however an altercation with the employees and a customer ensued. As a result, the culprit, his gun, and ammunition were turned over to police. Earlier that day, two men, one of whom was armed with a handgun, robbed the Early Bird Supermarket. The culprits wore blue shirts and brown pants when they entered the store at Robinson Road shortly before noon. After taking an undisclosed amount of cash, the thugs fled the area into the Ridgeland Park area. Investigations into the matter are ongoing. A 20-year-old woman is recovering in hospital from stab wounds she received during a fight with another woman. The two women got into an altercation at St James Road on Monday evening. The vic tim received stab wounds to her upper arm and hand around 6.30pm and was taken to hospital by a private vehicle. Police investigations are ongoing. LOCAL NEWS T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 5 THEME:LED BY HIS SPIRITSPECIAL GUEST SPEAKERS & PRESENTERS: BISHOP CLAYTON MARTINGeneral PresbyterBISHOP DAVID BRYANGlobal Outreach DirectorBISHOP ROBERT DAVISState Overseer of FloridaBISHOP JEFFERY DAVISState Overseer of North CarolinaBISHOP TIMOTHY COALTERState Overseer of South CarolinaBISHOP CLARENCE WILLIAMSOverseer of The Turks & Caicos IslandsBISHOP DON BROCK MR. ELLISON GREENSLADECommissioner of PoliceMINISTERING IN MUSIC ARE : The National Convention Choir, the Convention Praise Team, Tabernacle Concert Choir, and other Church Choirs, Praise Teams, Soloists, and Singing Groups. The Bahama Brass Band, Bahamas Youth and Junior Brass Bands, and the Crusaders Brass Band will provide special music.Romans 8:14Sunday, March 20th, 2011 The Convention closes on Sunday, March 20th, 2011 with the Annual Parade and Water Baptismal Service at the Western Esplanade, and with the live ZNS Radio 1540 AM, 810 AM and ZNS TV 13 evening broadcast service. During this service, the National Overseer, Bishop Dr. Elgarnet B. Rahming will deliver the final message on the Conventions theme. LOG ON TO:www.cogopbahamas.orgFOR LIVE WEBCAST EVENING SESSIONSFor further information, call 322-3097Moderator: Bishop Dr. Elgarnet B. Rahming & Minister Jacqueline B. RahmingMonday, March 14th, 2011 Bishop Dr. Elgarnet B. Rahming, CMG, DD, JP, National Overseer and Moderator will deliver his Annual National Address on Monday, March 14th live over ZNS Radio 1540 AM and 810 AM. B y DENISE MAYCOCK T ribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT THE PLP is preparing to unveil its campaign plans for the next general election int he immediate future and intends to g ive special attention to Grand Bahama, party leader Perry Christie said. We propose to unveil our approach to the next general elect ion much sooner than we have done in the past; we are about a month f rom completing our works, he said at PLP Headquarters in Grand Bahama on Monday. It is not going to be very long before we begin our messaging as to what we propose to do when w e become the government of the Bahamas. O ne of the aspects the PLP campaign will focus o n is giving more attention to Grand Bahama, M r Christie said. Accusing the FNM government of gross neglect and dereliction of duty to the people ofG rand Bahama, Mr Christie pledged that a PLP government would restore the island to its glory days. W hile in Freeport on Monday, Mr Christie and s everal PLP MPs met with resort officials at the Our Lucaya Resort regarding the failings at the property. (We think must happen to give Grand Bahama a chance to come out of this recession and get jobsb ack in this economy and give the people of this i sland hope of a secure future, he said. We feel time is moving rapidly and we want them to know the kind of government we will be when we win the next general election. O ur Lucaya Beach and Golf Resort terminated 200 workers last Friday. The resort has also closed t wo of its three hotels, reducing its room inventory from 1,200 to 500 rooms. In light of global economic challenges, management stated that the lay-offs and adjustments to the resort were necessary in an effort to save o ver 800 jobs and keep a vital Grand Bahama island tourism product operational. M r Christie said that the PLP and the FNM administration had been aware of losses in the islands the tourism product. We feel the government must explain to the people what they were doing, knowing that things were rough down here and that challenges existed. We just finished a mid-year budget debate and the government did not see itself fit to advise the House of Assembly and the country that thesel ay-offs were (pending Is it because they did not know or is it because they did not want us to turn our wrath on the government for its continual failings? The government must explain its position, Mr Christie said. T he Opposition leader stressed that G rand Bahama plays an important role in the country. We will come in here and specifically focus and concentrate on this island because this island is a critical player in the make-up of the Bahamas. It is thes econd economy of our country, and so you cannot be neglectful with respect to this island, and we propose to pay a lot of attention to it and to cause g overnment to do more. I dont understand why they (Government are so secretive about whats happened and still so s ecretive of any plans they have with respect to this island, he said. M r Christie said the PLP is very concerned a bout the failings of the Grand Bahamas tourism p roduct and particularly at the Our Lucaya Resort p roperty. Some of their recommendations to hotel representatives, he said, included consideration for an operator similar to Kerzner. We have also been concerned about the quali ty of the casino operators so we spoke to that, and Mr Wilchcombe made recommendation of a signature event for this island to ensure we have a healthy tourism product, he added. He noted that suggestions were also made concerning the poor visitor satisfaction rating on G rand Bahama. Hopefully those recommendations would take root. As I indicated to the persons we spoke to, u nless the government sees itself as an active partner in the enterprise of making the economy of Grand Bahama work and making the tourism p roduct work, it is not going to happen and it w ill have to wait until we get there (in office fix. We are hoping that efforts would be made to f ix it before we get there, but we can give you complete assurance that we are coming into gov ernment with a lot of ideas on how we should go a bout bringing Grand Bahama back to its glory days, Mr Christie said. SIGNIFIC ANT LEADS IN SHOOTING INVESTIGATION PLP plans to give special attention to Grand Bahama PLP LEADER Perry Christie THEBAHAMAS VERYOWNSTREETPHILOSOPHER POLICE are asking the publics assistance in determining the whereabouts of 27-year-old Gary Leon who is wanted for questioning in a murder case. The suspects last known addresses are Palm Beach Street and Moore Avenue in New Providence. He has a dark brown complexion, is 6 tall and weighs around 200lbs. Leon is considered armed and extremely dangerous. If the suspect is seen approach with caution and contact the police at 502-9910 502-9991 or Crime Tipsters at 352-1919 or 328-8474 or the nearest police station. MAN WANTED FOR QUESTIONING

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FORT LAUDERDALE, F L The Chief Aviation Specialist for the Bahamas has been named chairman elect of International Federal Partners Federal Pavilion for the premier aviation event, EAA Air Venture Osh Kosh, which takes place this year in Osh Kosh, WI, July 25-31. M r Greg Rolle, head of the Aviation Department for The Bahamas Ministry of Tourism and Aviation, has accepted the position to chair the prestigious aviation group that includes, the United States, Canada and The Bahamas. When Mr Rolle starts his chairmanship at the c onclusion of this years show, he will serve in the post for two consecutive years. He will assume the reins from current IFP chairman, Aaron Sauer, a Senior Air Safety Investigator with the US National Trans portation Safety Board. It will be my privilege to s erve as the chairman of the IFP, Mr Rolle said on accep tance of the position, adding, I will do my utmost to use my skill set, abilities and talents to ensure that the Federal Pavilion continues to prove to be an effective arena for the private pilot to be educated, enlight e ned and provided with up-tothe minute procedural and other information necessary for a seamless crossing of the borders. The aviation executive noted that over the years, the islands of the Bahamas have benefited greatly from our mutual relationship, and it is my belief that acting in the capacity as chairman of the IFP, will add depth to our partnership. The prestigious honour means that Mr Rolle will be the chair of a body that plays a major role at the Annual EAA Air Venture Expo, which attracts hundreds of thousands of aviation enthusiasts annually from across the globe. We (International Federal Partnership) are honoured to have you representing the Bahamas to serve as chairman for the upcoming years, chairman Sauer said while welcom ing Mr Rolle to his position. We appreciate your service and all the years you have ded icated to the IFP and The Bahamas representation at Air Venture. US Federal Agencies and Canadian Government departments in 1990 began participating together at the EAA Air Venture in Osh Kosh, Wisconsin and came to be known as the International Federal Partnership. In 1998, the Bahamas with its Civil Aviation departments joined the group. The IFP annually contracts with EAA for a massive 21,000 square foot hanger The International Federal Pavilion and from this space the member countries with their various government agencies and departments, display exhibits as well as provide booths with information. The Chairman of the IFP is responsible for facilitating the collective efforts of the mem bers in achieving the Partnerships goals. Duties of the chair include, facilitating meetings and teleconferences of the group; facilitating staff meet ings and special engagements during the week of Air Ven ture and mediating differences that may arise between the members to the extent that the differences affect the Partnership. Mr Rolle is a veteran Min istry of Tourism employee who has been with the organisation for some 25 years. During his years with the ministry, he has served in various capacities, including Director of Bahamas Sports Tourism. A licensed private pilot, Mr Rolle returned to the leadership position of tourisms aviation department in 2008. Under his recent lead ership, the Bahamas has stepped up its marketing initiatives against the lucrative avia tion market. Signature programmes include Bahamas Preferred (FBO Bahamas Flying Ambassadors, and Bahamas Day. The inven tive strategies being undertaken by the countrys aviation department, has thrust the Bahamas into the spotlight of the International aviation arena. L OCAL NEWS P AGE 6, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE $SSUR[LPDWHO\VTXDUHIHHWRIVHFRQG VSDFHLVDYDLODEOHLQQHZO\FRQVWUXFWHG EXLOGLQJDWWKHFRUQHURI0DUOERURXJKDQG &XPEHUODQGWUHHWV 7ZRfRQVLWHFDUVSDFHVLQFOXGHG ,GHDOORFDWLRQIRURIIVKRUHEDQN WUXVWFRPSDQ\ODZRUDFFRXQWLQJRU RWKHUSURIHVVLRQV&RQWDFWZQHU 35,0()),&($&( THE Lyford Cay Foundations (LCF Gifts and Grants Committee is currently accepting applications from Bahamian non-profit and charitable organisations who wish to apply for an award. The Foundations have so far disbursed more than $15 million to dozens of local non-profit groups to date, LCF officials said. Grants generally range from $5,000 to $25,000. On occasion, substantially larger grants have been approved and special fundraising efforts undertaken. This year, the initiative is particularly interested in receiving applications for projects in the following areas: education and literacy; after-school programmes; youth summer camps and activities; environmental protection; health care and care facilities; mental health programmes; feeding centres; parenting skills training; crime prevention and Family Island programmes. The Foundations do not normally make direct gifts to support expenses incurred by other endowments, places of worship or government agencies (such as construction or administrative costs), but will fund qualifying philanthropic community programmes run by these organisations. It does not make awards to individuals or to cover personal medical expenses, LCF officials said. When considering applications, the committee favours: Specific programmes over general ones Existing programmes over start-ups Requests to fund capital costs rather than operating costs Tangible needs, for example equipment, physical repairs, building projects. Programmes that will benefit the Family Islands The remaining application deadlines for 2011 are: April 1 to be considered by June 1 October 1 to be considered by November 30 For full details on the application process and application forms, persons are asked to please visit www.lyfordcayfoundation.org. Bahamas aviation chief to chair international body GREG ROLLE head of the Aviation Department for The Bahamas Ministry of Tourism and Aviation By LINDSAY THOMPSONB ahamas Information Services AS HUNDREDSof patrons enjoyed the food and entertainment at the 69th A nnual Bahamas Red Cross S ociety Fair last weekend, Governor-General Sir Arthur Foulkes underscored the importance of the organisation in times of need. We are here to have fun b ut even while we are enjoyi ng ourselves, we must not forget that the work of the B ahamas Red Cross Society is serious business and that this fair is a fundraiser to ensuret hat the work of the society continues, he told the crowd a ssembled in the lower gard ens of Government House o n Saturday. D isaster can strike at anytime, anywhere and the a dministrators and volunteers of the Red Cross must always be prepared and ready to h elp, he said. T he Atlantic Hurricane Season runs from June 1 to November 30. However, t here are disasters such as tornadoes, lightning strikes, floods, fires and others thatl eave families destitute, the G overnor-General said. In these emergency situations the Red Cross Society must step into the gap, he said, adding that such was the case following the January 12, 2 010 earthquake which c aused massive destruction to Haiti. Sir Arthur said that the w ork of the Red Cross Society in the community goes unnoticed because it is good n ews which seldom, if ever, m akes the headlines in the daily papers or talked about on the radio or seen on tele-v ision. Some of the programmes undertaken by the Red CrossS ociety are: Meals on Wheels, daily hot meals are delivered to the s hut-ins and disabled Fresh milk is provided to school children on the Family Islands Medical equipment such as wheelchairs, walkers, crutches and hospital beds are m ade available for minimal r ental fee The societys trained vol unteers provide first aid and a mbulance services at nation al events, sports meets, road races and other functions. T he Bahamas Red Cross w as organised by the governm ent as a national society t hrough a Bill passed in Parliament on June 23, 1975. Its mission is to prevent and alleviate suffering wherever it may be found; to protect life and health and ensure respectf or human beings; to work for the prevention of disease and the promotion of health ands ocial welfare; to train personnel and encourage volun-t ary service; and to act as a c hannel for collecting money a nd goods donated by the public for the sick and suffer ing. Governor General urges more support for Red Cross G OVERNOR-GENERAL S ir Arthur Foulkes and his wife Joan Lady Foulkes pose with patrons William and Lindsay at the 69th Annual Fair o f the Bahamas Red Cross Society. SIR ARTHUR FOULKES Govern or-General, officially opens the 69th Annual Fair of the Bahamas Red Cross Society int he lower gardens of Government House on Saturday. IN 2010 the Lyford Cay Foundations Gifts and Grants Committee gave $2.5 million to the College of the Bahamas to fund the purchase of furniture, fixtures and equipment for the new Harry CM oore Library and Information Centre. LYFORD CAY FOUNDATIONACCEPTING AWARD APPLICATIONS

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LOCAL NEWS T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 7 T HE National Emergency Management Agency (NEMA workshop to formulate a tsunami and other coastalh azards warning system prot ocol for the Bahamas. Captain Stephen Russell, director of NEMA, stressed the importance of the country having in place an early warning system in the evento f a tsunami or any other coastal event. T he protocol will be presented to Cabinet fora pproval and implementat ion. The thing is we want to n otify the Bahamian public as soon as possible, as the B ahamas is challenged b ecause of its geographical location, Captain Russell said. He said he was delighted the Caribbean DisasterE mergency Management A gency together with the Australian government (AusAID able to stage the workshop series being conducted throughout the Caribbean. Hazards Dr Virginia Clerveaux, senior programme officer, s aid it was a pleasure for C DEMA to be a part of the w orkshop that seeks to enhance the capacity of its p articipating states to work t owards better management o f both natural and technol ogical hazards, but specific ally of tsunami hazards. T he workshop provided participants an opportunity t o revisit disaster risk mana gement strategies; share b est practices and lessons l earnt from a cross-spectra o f projects, programmes and p olicies; and an opportunity t o highlight the critical i mportance of building resilience to disaster risk in t he communities. P articipants comprising r epresentatives of NEMAs e mergency support function groupings were able to project their input into a model from the Turks and Caicos Islands protocol, and adapt i t to fit the Bahamas, should the country be faced with a t sunami or storm surge; and f ormulate specific strategies to educate the public at large on the importance of being prepared and where t o find the highest point o nce the warning has been sounded. A session also dealt with the role the media plays in i nforming the public through various means such as television, radio and the newspapers. I t was concluded that the mass media has a fundamental role to play in making disaster risk reduction e fforts successful. F rom CDEMAs perspect ive, the workshop also prov ided an important opport unity and platform which a llows us to build on a lliances that have already been forged towards a coll ective vision for the reduct ion of disaster risk and prom otion of sustainable livelih oods, economic and social progress particularly within our coastal communities which has been the disproportionate focus of our econ omic and social activities as well as infrastructural d evelopment, Dr C lerveaux said. Region During her presentations, she highlighted aspects oft he disaster risk profile of the Caribbean region, which is largely comprised of small island developing states (SIDS active seismic arc. T he impact of disasters on t hese states leave massive destruction and overpower ing evidence of how poor p lanning and investment d ecisions contribute to vuln erability and increase the r isk of future disasters, she n oted. S cientific data has docum ented evidence of giant waves throughout the C aribbean from as early as 1 629. T he NOAA Geophysical D ata Centre reports that the Caribbean Basin has had eight per cent of the worlds tsunami events and the Indian Ocean seven per cent; t aking into account the December 2004 tsunami w hich killed more than 2 50,000 people. Experience has shown that the most effective response mechanisms to disa ster loss reduction has p roven to be a dynamic, multi-level management a rrangement in which national, regional, governm ent and non-government actors work together in a timely, effective and mutu ally-enhancing way, Dr C lerveaux said. The seminar was held March 3 4 at the Royal Bahamas Defence Force B ase at Coral Harbour. PARTICIPANTS COMPLETED a two-day workshop to formulate a tsunami and other coastal hazards warning system protocol for the Bahamas at the Royal Bahamas Defence Force Base at Coral Harbour. The workshop was hosted by the National Emergency Management Agency. P hoto/ N EMA NEMA workshop develops tsunami warning protocol R OAD work on Fox Hill Road and Prince Charles Drive have commenced. The work includes installation of a 24-inch w ater main from Fox Hill Road and Prince Charles Drive in the east to the junction at Baillou Hill and Robinson Road that ise xpected to improve water quality. Drainage utilities are also being installed. Charlene Collie, project engineer with the Ministry of Public Works and Transport, said: Work on the northern verge of Fox Hill Road and Prince Charles junction has begun. The work will eventually lead into full road clos ure as we install the 24-inch water main. The closure will not take place immediately, but as the work progresses it will eventually lead into a full closure that is expected to last f or a short duration. During the closure motorists are advised to d ivert through Sea Breeze and Fox Hill Road travelling the route along Bernard Road. We ask the public to exercise patience as we go through the construction phase, said M s Collie. It should not be for more than four weeks as we are trying to install at least approximately 300 ft of the 24-inch water main. Workmen are also busy installing approxi mately 1,500 ft of the 24-inch water main at St Michael's Road on the western end of Prince C harles Drive. We're progressing with installation of over 300 ft per week that equates to five weeks,s aid Ms Collie. T he works are a part of the governments $120 million contract for the New Providence Road Improvement Project. Road work commences on Fox Hill Road and Prince Charles Drive CHARLENE COLLIE project engineer with the Min i stry of Public Works and Transport, advises the public to be patient as they traverse the Fox Hill Road and Prince Charles Drive area where road works are in progress. P atrick Hanna / BIS

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PAGE 8, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE By LARRYSMITH AND now class, today we are going to talk about propaganda. Does anyone know what the word means? I t derives from the Latin for propagate, which means to multiply, reproduce or transmit. In this case, we are talking about spreading information. What kind of information? Well, that is often hard to say. The key point to remember is that the information being pres ented will have an agenda. And in order to judge the value and quality of the information, you need to determine what that agenda is. In a nutshell, propaganda uses loaded messages to produce an emotional response in support of an often hidden o bjective. And ever since the 1930s (when German and Soviet propaganda promoted statesponsored genocide) the term has acquired a strong negative meaning for good reason. Journalists are supposed to be trained to give their audiences a reasonably accurate background and analysis of the subject at hand. Advertisers use an overt form of propaganda to persuade people to buy their products or services. Public relations lies somewhere in between, often presenting itself as journalism in support of a proprietary theme, which is not necessarily nefarious. What sets propaganda apart more than anything else is that it seeks to influence public opinion through deception and confusion, rather than by encouraging genuine understanding. According to Nazi Propaganda Minister Joseph Goebbels, "The most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly it must con fine itself to a few points and repeat them over and over." What points instantly spring to mind in the local context?No turning back (to white rule stop, review and cancel (good economic initiatives); Hubert the dictator Ingraham; selling our birthright (to white foreigners), the plantation economy (enslaves blacks But it's not just about repetitive slander. As British wartime propagandist (and later cabinet minister) Richard Crossman said: "The art of pro-p aganda is not telling lies, but rather selecting the truth you require and giving it mixed up with some truths the audience wants to hear." This is what we are seeing today with the (currently sided debate over the pending privatisation of BTC. L et's look at the recent cons tructs of a massive conspiracy to corruptly engineer the sale o f BTC against the interests and wishes of the Bahamian people. Evidence for this is said to rest on a series of conflicts of interest, and was recently given credence by retired Tribune journalist Nicky Kelly, who now w rites a column for the Punch. "One has to ask why the PM is so motivated to pursue a deal that is so suspect, and the machinations of its participants so obvious, that they exhaust credulity," Kelly wrote. In this view, a small group of unrelated people began movi ng chess pieces years ago to achieve the present result the sale of half of BTC to Cable & Wireless Communications, within a regulatory environment developed and controlled by former CWC employees. The inference is that the plot was hatched by CWC, with thes upport of leading Bahamian politicians and technical advi sors, to save its future Caribbean business prospects.Or maybe it was the other way round, and our top politicos and bureaucrats simply planned toe nrich themselves from CWC. In either case, the full background to the story is largely ignored and a massive corrupt scheme is offered as the obvious reality. The clear agenda is to derail the privatisation of BTC, both for political gain and to protect vested interests. T he full background to the story includes the fact that there were no less than three public bodies responsible for decisionmaking the cabinet, the privatisation advisory committee, and the privatisation working committee. There were also two sets of financial advisors K PMG Bahamas and CITI, a m ajor international bank as well as two legal advisors C harles Russell, a British firm specialising in communications law (which also advised the Christie administration on regulatory reform), and local law firm Higgs & Johnson. In short, there were signific ant checks and balances. And with so many separate groups of advisors it would be very difficult for a specific conflict of interest to flow through to a final sale. It also has to be acknowledged that the goal of liberalising the communications sector and finding a major s trategic partner for BTC has been the accepted policy of both major parties for years even more so in the case of the FNM, which launched the process in 1998. And what about those conflicts of interest that have been selectively ignored by the con-s piracy theorists. Conflicts like the participation of some of the major antagonists in the cur rent debate in the earlier sale that was agreed by the Christie administration with Bluewater Ventures a foreign firm with uncertain ownership and no o perating history. It has been suggested that some of them were heavily involved when that deal went down together with some of the leaders of the same unions that are now so critical of the current process. What chess pieces were these players movi ng? T he Christie administration cancelled the original privatisation process launched by the FNM after rejecting existing bids, and then proceeded to negotiate solely with Bluewater from 2005 until the general election in May 2007. How is this any different from the I ngraham administration rejecting bids received in the current process, and then talking to CWC? And let's not forget to take into account the stark contrast between Bluewater, an unknown private equity firm, and CWC, a major internationa l telecoms provider with a long and publicly reported background in the field. In fact, almost all of the bidders for BTC throughout this long and complicated process were private financiers who saw an opportunity to make money. Digicell and CWC are the mosto bvious telecoms buyers in the region, but Digicell (which decided not to bid in the last auction) is purely a cellular operator. CWC is one of the few entities that does everything BTC does throughout the region and has a strategic reas on to invest for the long-term. And since CWC has been interested in the Bahamas for the last 15 years, how can it suddenly be suspicious when they step up to the plate? It is easy to research a large global business like Cable & Wireless, which may have probl ems in some areas but a very h ealthy balance sheet overall. In fact, CWC is a leader in all regional markets except Jamaica where they are second. It should also be noted that, although declining to participate in the most recent auction due to an internal reorganisa tion, CWC eventually went t hrough the same entry process as all other bidders. As for the terms of the CWC agreement, it is a fact that all the bidders required BTC's unfunded pension deficit to be covered by government including Bluewater. How can this now be "repugnant" to the P LP, when they agreed to pay off the full deficit and close the pension plan entirely. I would suggest that there is no business in the world where employees make zero contributions to their own pensions while the employer pays 20 per cent of salaries into a fund. Thiso bviously has a huge impact on BTC's value. It is also true that all the bidders including Bluewater demanded a management fee in their plans, something which some commentators find egregious. The rationale for the fee that was eventually agreed is that CWC brings a lot of added value to BTC in terms of techn ology and intellectual property, which will significantly benefit the other shareholder. This is normal practice where a minority partner is involved, and industry benchmarks are used to set the fee scale. Clearly, connecting the dots selectively amounts to spouti ng propaganda. It does nothing to help people reach a genuine understanding of the issues. This is known as pinpointing the enemy simplifying a complex situation by presenting a specific group or person as the enemy in a clear-cut choice between right and wrong. And t he better informed you are, the less susceptible you will be to this type of propaganda. One of the worst allegations in this saga was made recently by PLP Chairman Bradley Roberts (who was the minister responsible for BTC in the Christie administration). He accused current BTC chairman Julian Francis of a corrupt conflict of interest in awarding to Providence Advisors (a financial services company which Francis also chairs) a lucrative contract to manage part of the BTC pension fund. As a result of this contract that Julian Francis awarded to himself, he positioned himself and Providence Advisors Ltd to be paid in excess of $400,000 per annum for the past 3 years," Roberts said. "The PLP calls for Julian Francis immediate resignation and for the police to commence investigations..." The facts are that efforts to place BTC pension funds with local investment managers began in 2006 under the Christie administration, when Greg Bethel was BTC chair man and also president of Fidelity Bank & Trust one of the firms chasing the business. Propaganda and the pending BTC privatisation A PROTEST against the pending sale of BTC. SEE page nine

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T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 9 Providence, headed by Kenwood Kerr, was also invited to bid, and was eventually approved (along with Fidelity and CFAL) in a process guided by the accounting firm of Deloitte & Touche. The actual contract was not executed until after the 2007 general election, and Francis (who is not a Providence shareholder) had nothing to do with choosing the investment managers. And Providence's fees over the past two and a half years were less than $350,000. Statements from political operatives and unsupported extrapolations by sympathetic or thoughtless journalists are not the only forms of propaganda we must watch out for. There are also those entities which pose as legitimate news media. While party newspapers or radio broadcasts may be easily identified and their information taken with a grain of salt, some propaganda outlets try to disguise their true nature to fool an audience into believing they are presenting valid information. The current prime example locally is the online propaganda outlet known as Bahamas Press which refuses to even acknowledge that it is financed, owned and operated by real people, although it classifies itself as a "leading news website." An anonymous responder claimed the site is owned "by the people of the Bahamas." As George Orwell wrote in his novel 1984 "the process (of mass-media deception) has to be conscious, or it would not be carried out with sufficient precision, but it also has to be unconscious, or it would bring with it a feeling of falsity and hence of guilt." Of course, now that I have waded into the propaganda swamp, I must be part of the conspiracy, right? Well, now you can make the call. What do you think? Send comments to larry@tribunemedia.net Or visit www.bahamapundit.com FROM page eight Propaganda

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Police have classified Mr Johnsons death as the islands first homicide for 2011. Although police have not yet released the identity of the islands second homicide, the victim is believed to be Patrick Russell, 42, of Lewis Yard. According to reports, sometime around 11.50pm on Monday, police received reports of gunshots at Weddell Avenue. When officers arrived at the scene to investigate, they discovered a gold-coloured Nissan Maxima riddled with bullets and a man slumped over the drivers seat. Asst Supt Loretta Mackey reported that the victim, a 42year-old male resident of Lewis Yard, had sustained multiple gunshot wounds about the body. She said initial reports revealed that at 11.45pm the victim was sitting in his vehicle at an unpaved road between Weddell and Bruce Avenues when occupants in another vehicle pulled up next to him and opened fire. EMS personnel were called to assist, but the victim had already died of his injuries. He was taken to the Rand Memorial Hospital and pronounced dead by doctors. Almost 24 hours prior to the shooting, police were investigating a stabbing that occurred at Club Rock n Roll in the International Bazaar sometime around 1.05am on Sunday. On arrival at the scene, officers saw a young man, identified as Tamaro Johnson, lying on the ground with multiple stab wounds in his upper body. According to initial reports, Johnson was involved in a fight at the club when he was injured. He was taken by ambulance to Rand Memorial Hospital, where he was admitted to the Intensive Care Unit. ASP Mackey said police received information that Johnson had died of his injuries in hospital on Monday. No arrests have been made, and police are asking anyone with information to come forward. primary basis for decision making. The case of veteran prosecu tor Cheryl Grant-Bethell recently brought to light the useo f SIB reports by public agencies. In the recent ruling of Senior Justice Jon Isaacs he noted that an SIB report caused the Judicial and Legal Services Commission (JLSC ify Mrs Grant-Bethell from the race for Director of Public Pros ecution (DPP Justice Isaacs noted that the JLSC removed Mrs GrantBethell from her substantive post as deputy director of pub lic prosecution without employing the usual means for doing so, e.g., disciplinary proceedings resulting in dismissal from the public service or by promotion or transfer not objected to by the officer. Although Mrs Grant-Bethells appointment as Deputy Law Reform Commissioner was technically a promotion, Jus tice Isaacs said it excised her from her chosen career path without her consent. I so conclude because (the section of the law governing her new post) limits tenure of a commissioner, the only office to which the applicant can now aspire, whereas as DDPP she was on course for an office where she could theoretically serve until her retirement. Even if she had remained DDPP she would have enjoyed tenure in the Office of the Attorney General, all things being equal, beyond five years, said Justice Isaacs. He agreed that Mrs GrantBethells lateral transfer was irrational and her treatment by the JLSC was unfair. In his arguments he noted several points about the SIB report and its use by the JLSC. An allegation should not be the basis for depriving a person of an opportunity for advancement in the public service par ticularly without affording the person an opportunity to address the allegation. Fairness one would think requires no less, said Justice Isaacs. He said the JLSC used a first SIB report when considering Mrs Grant-Bethells application for the post of acting DPP. The allegations in this report were put to Mrs Grant-Bethell, who addressed them sufficiently that her recommendation was upheld. It was the contents of a second SIB report that formed the basis of the JLSCs decision to ultimately side-step Mrs GrantBethell. In the latter instance, the JLSC denied Mrs GrantBethell the opportunity to respond to the claims. She was able to allay any concern they had on (the firsto ccasion. It is not inconceivable that she may not have been able to do so again. The summary denial of such an opportunity to my mind breached the applicants right to be treated in a matter that was not unfair, said Justice Isaacs in his ruling. The JLSC has acted on a r eport prepared by an agency of the State without affording the applicant an opportunity to be heard. I can think of no alle gation so bad as to allow the JLSC to forego this basic requirement of fairness, he said. In light of the recent ruling, Mr Mitchell said the government should seriously review its policies governing the use of SIB reports. I dont recall a judge having made a comment on SIB reports before. When a justice of the Supreme Court makes some kind of finding or gives an opinion, the executive should really study the matter and make a determination about some action based on what he said, said Mr Mitchell. He said he personally feels that basic fairness should dictate that any public servant hasa right to see what is on their file, including an SIB report, particularly if you are going to use it to make a decision that is contrary to that persons interests. Mr Mitchell said it was resistance from the bureaucracy itself that has blocked succes sive governments from adopt ing any change in policy. He said the public service should desist from the common practice of placing negative SIB reports on the files of public servants and using them as the basis for denying promotions without their knowledge, and without serving as grounds to initiate disciplinary proceedings. He said the standard set in the Rehabilitation of Offenders Act should apply to the use of SIB reports, which suggests decision makers should not be able to use SIB reports if it has been sitting on a public servants file for seven years. SEEPAGETHREE L OCAL NEWS P AGE 10, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE Have you heard the good news? You CAN save money!If you need a lower premium,low deductibles,generous benefits and a fast claims service,pick up the phone and ask NIBA for a great insurance deal.Its time to pay less for insuring your car! Tel.677-6422 or visit www.nibaquote.com NASSAU INSURANCE BROKERS AND AGENTS LIMITED Atlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Tel.677-6422 www.nibaquote.com Open Saturdays10.00am2.00pm d octors to do more physiotherapy with her son, but without success. My whole family feels that if they had tried a little harder, he could have been further along than he is now, she said. I tried and I tried, but nobody heard my cry. Mrs Ford has been in contact with staff at the University of Miami Hospital, who have agreed to see Renaldo and evaluate his case, however without health insurance, further treatment in the United States will be extremely expensive. Mrs Ford said Renaldo has believed since the morning after the accident that he will one day be able to breathe and stand up on his own. She said that with some help, she knows he has the potential to do so. Before the accident, Renaldo, the second youngest of four brothers, was actively involved in a number of youth organisations connected with his church and school, was a member of the youth choir and an usher at his church. He was known in school as the little boy with all the manners, his mother said. Renaldo loved cars, she added. He always wanted to be a car designer or an auto body mechanic. Mrs Ford said her son still has a lot of potential and much to offer the world, as he is the sort of person who can remain positive, even after what he has been through. The family plans to hold a fundraiser and is meeting with members of their church on Thursday to form a plan. In the meantime, they are asking anyone who wishes to help to contact them, or make a donation at a Bank of the Bahamas branch, account number 5510031764. to Cable and Wireless.We call on the government to cease and desist. The PLP will upon coming to office move to regain the majority shares forthwith from Cable and Wireless if thes ale goes through. The PLP believes in a share owning democracy and will sell shares in BTC in tranches to the Bahamian people. The PLP will allow competition and will lib eralize the telecommunications market. That is the PLPs policy.That is the issue. We urge the FNM to stick to the issues, he said. Mr Christie added: I am calling on civil society, led by the church and the Christian Council in particular to monitor the conduct of this elec tion campaign, and cry shame where parties exag gerate their demands and charges to the point where it becomes an insult to the intelligence of the Bahamian people.The governments assault upon the intelligence of the Bahamian people and their intelligence last week in the House of Assembly surely crossed the line. Mr Christie also pledged that his party will not utilise character assassination, vicious gossip, or smear tactics in their campaigns in the 2012 general election, saying it will not and cannot be fought on the basis of "foolishness." "We are not in the business of character assassination. Vicious gossip or malicious gapseed is not for us! We are not in the business of smear tactics or slanderous innuendo. We will leave that to those other fellas! And we most certainly are not in the business of corrupt electioneering. We will leave that to the other fellas too! We saw enough of what should not have been done in the Elizabeth by-election last year to know that that is not the way to go," Mr Christie said. SEE PAGE FIVE to get us nowhere fast. This is a government of infrastructure not of people, of things not of brotherly love, of all things foreign and not of things Bahamian. They are for the imprisonment of the Bahamian spirit, not for the empowerment of the Bahamian spirit. This government is for the enrichment of a few at the detriment of the many, he said. Senator Michael Halkitis said the government is planning to distract Bahamians to try and take your minds of their absolute and dismal failure in managing the economy, in fighting crime and in making sure that Bahamians are not marginalized, overlooked and dispossessed in their own country. He accused the government of grand standing in the media. The ZNS evening news might as well be called FNM Ministers Tonight. The whole newscast is one parade of one minister after the other talking a lot, but saying basically nothi ng; at least nothing of benefit to the Bahamian people. We see what happened at the Lyn den Pindling International Airport. They had the opening, and then they went back for a tour, of course with all the television cameras, said Mr Halki tis. I heard somewhere that they are going back next week to inspect the bathrooms and the week after that to inspect the landscaping and have some more press conferences, he said. FROM page one SECURIT Y AND INTELLIGEN CE CHRIS TIE:ALL PLPS WILL VOTE O ON THE SALE OF BTC FROM page one FROM page one PLP MEMBERS Help my boy walk again FROM page one FROM page one M AN DISCOVERED SHOT DEAD IN CAR

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INTERNATIONAL NEWS T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 11 TRIPOLI, Libya Associated Press AFTERdramatic successes over the past weeks, Libya's rebel movement appears to have hit a wall of overwhelming power from loyalists of Moammar G adhafi. Pro-regime forces h alted its drive on Tripoli with a heavy barrage of r ockets in the east and t hreatened Tuesday to r ecapture the closest rebelheld city to the capital in the west. I f Zawiya, on Tripoli's doorstep, is ultimately retaken, the contours of a stalemate would emerge with Libya divided between a largely loyalist west and a rebel east as the w orld wrestles with the t horny question of how d eeply to intervene. President Barack Obama a nd British Prime Minister D avid Cameron agreed to plan for the "full spectrum of possible responses" on Libya, including imposing a no-fly zone to prevent Gadhafi's warplanes from striking rebels. According t o a White House statement, the two leaders spoke Tuesday and agreed that the objective must bea n end to violence and the d eparture of Gadhafi "as quickly as possible." Zawiya, a city of 200,000, w as sealed off under a fifth day of a destructive siege, with conflicting reports of who was in control. Ab rigade led by one of Gad hafi's sons, Khamis, is believed to be leading the assault, shelling neighbor h oods with tank and artillery fire from the out skirts and trying to push t roops in to the city's cent ral Martyrs Square where rebels had set up camp. Hospital The city hospital has been overwhelmed with dead and wounded and many houses have been damaged, according to residents who escaped the past two days. One man who slipped out of the city on Monday said pro-Gadhafi forces had seized the central square. An adviser to the Libyan Foreign Ministry in Tripoli on Tuesday also claimed that government troops were in control, raising the green flag over the square. The adviser, who is origi nally from Zawiya, said he was trying to mediate a cease-fire with remaining rebels. He spoke on condition of anonymity because of the sensitivity of the talks. But a resident of the nearby town of Sabratha said people who fled from Zawiya on Tuesday afternoon told him fighting con tinued, with rebels back in control of the square. He said they reported hit-andrun attacks between the two sides. The various reports could not be independent-ly confirmed. Electricity, phone and Internet ser vices have all been cut in the city, making it impossi ble to reach witnesses inside Zawiya, just 30 miles west of Tripoli. The recapture of Zawiya would be a significant victory for Gadhafi, easing a threat just outside his main bastion in the capital. If his forces can hold it, it would free up troops to deploy against other rebel-held areas. The fall of Zawiya to anti-Gadhafi residents early on in the uprising that b egan Feb. 15 had illust rated the initial, blazing p rogress of the opposition. T he uprising swept over t he entire eastern half of t he country, breaking it out o f the regime's control, and s eized Zawiya and several o ther cities and towns in the northwestern pocket of the country where Gadhafi's regime was confined. But the government could be regaining some balance and its capability t o lash back with powerful force. The battle is far from o ver and could be drawn o ut into a long and bloody c ivil war. The latest round of fighting on oppositee nds of Libya's Mediterr anean coast once again revealed the weakness and disorganization of both sides. Even if it ends with Zawiya's recapture, the long siege of the city u nderlined the rebels' t enacity and the struggles of even a reportedly elite f orce like the Khamis B rigades to crush them. Adv ance At the same time, Gad hafi's regime has been u sing its air power advant age more each day to check a rebel advance west toward Tripoli on the main coastal highway leading outo f the opposition-controlled eastern half of the country. The increasing useo f air power underlines the vulnerability of the rebel forces as they attempt to march across open, desertt errain but it also could p rompt world powers to impose a no-fly zone over Libya to deny Gadhafi thate dge. In the east, Gadhafi's forces succeeded over the weekend in blunting ther ebels' attempt to march t oward Tripoli, repelling them from Bin Jawwad, a small town 375 miles (600 kilometers) east of the capital, and driving them back to the oil port of Ras Lanouf, further east. On Tuesday, troops fired barrages of rockets at a rebel contingent that tried to move out from Ras Lanouf. At least 26 wounded were rushed to the hospital in the town, some of them with legs lost and other serious injuries, according to doctors there. "I was hit in the arm and leg, my friend was wounded in the stomach," Momen Mohammad, 31, said while lying in a hospital bed. Earlier in the day, war planes launched at least five new airstrikes near rebel position in Ras Lanouf, one hitting a twostory house in a residential area, causing some dam age. None of the strikes appeared to cause casualties, suggesting they were intended to intimidate the fighters, according to an Associated Press reporter who saw the strikes. The anti-regime forces were not taking any chances and were spreading out deep inside the desert around the area in small groups. The rebels seem to have reached a point of their campaign where they need to figure out how to orga nize resupply lines and avoid becoming easy targets for warplanes in their march across the open desert region with little cover. The extent of their westward reach is a check point about six miles (10 kilometers) west of Ras Lanouf. In Benghazi, Libya's second largest city and the main rebel stronghold in east, there was an unusual attack after weeks of quiet that followed the rebel capture of the territory. Assailants in a car tosseda grenade at a hotel where foreign journalists were staying, but there were no casualties and only some light damage to windows, an opposition official said. T er ms A spokesman for the opposition's newly created Interim Governing Council in Benghazi said a man who claimed to represent Gadhafi made contact with the council to discuss terms for Gadhafi to step down. Mustafa Gheriani told the AP the council could not be certain whether the man was acting on his own ini tiative or did in fact represent the Libyan leader. "But our position is clear: No negotiations with the Gadhafi regime," said Gheriani, who declined to say when contact was made or reveal the identity of the purported envoy. Libyan state television denied that Gadhafi had sent an envoy to talk to the rebels. In London, British Foreign Secretary William Hague said that neither Gadhafi nor rebel forces appeared currently able to establish supremacy. "At the moment ... it seems that either side lacks the immediate power to overthrow the other," he said. The United States and its NATO allies edged closer Monday to formulating a military response to the escalating violence in Libya as the alliance boosted surveillance flights over the country and the Obama administration signaled it might be willing to help arm Gadhafi's opponents. Europe, meanwhile, kickstarted international efforts to impose a no-fly zone. France and Britain have taken the lead in drafting a U.N. Security Council res olution that would establish a no-fly zone over Libya to prevent Gadhafi's warplanes from bombing civilians and rebels. It still appeared unlike ly that U.S. warplanes or missiles soon would deploy in Libya. British and French officials said the no-fly resolution was being drawn up as a contingency and it has not been decided whether to put it before the U.N. Security Council, where Russia holds veto power and has rejected such a move. Western officials have said a no-fly zone does not require a U.N. mandate, but they would prefer to have one. An official with a sub sidiary of Libya's national oil company said Tuesday that production has dropped by about 90 percent, a reflection of the beating the OPEC mem ber's oil sector is taking amid violence raging in the country. Sirte Oil Co. is producing about 9,500 barrels per day, compared to normal production levels at about 95,000 barrels per day, said company official Ahmed Jerski. Disruption Analysts estimate that more than half of Libya's almost 1.6 million barrels per day in production is being shut-in, and the dis ruption in exports has sent global oil prices skyrock eting. The U.S. benchmark crude contract for April delivery was hovering slightly below $104 per barrel on Tuesday, retreating from highs of almost $107 per barrel a day earlier. The drop came as several OPEC ministers said they were talking informally about whether to ramp up production to offset the Libya supply drop. The upheaval has also sparked a massive exodus by foreign workers in Libya fleeing the violence. As of Tuesday, 224,661 migrants had reached Libya's borders with Tunisia, Egypt, Niger and Algeria since February 20, according to the latest International Organization for Migration figures pro vided Tuesday to AP. But a Red Crescent official said Tuesday that soldiers loyal to Gadhafi have blocked some 30,000 migrant workers from flee ing into Tunisia and forced many to return to work in Tripoli. Ibrahim Osman of the International Federation of Red Cross and Red Cres cent Societies told The Associated Press that the migrant workers were rounded up and held in Libyan immigration buildings near the Tunisian bor der last week. Osman, who heads the agency's assessment teams in northern Africa, said Gadhafi soldiers were forcibly returning many of the 30,000 Bangladeshis, Egyptians and sub-Saharan Africans nearing the Ras Ajdir border crossing. He said loyalists held a pro-government demonstration at the crossing and appear to have forcibly return the migrants to ser vice jobs. LIBYAN VOLUNTEERS gesture as they raise a pre Gadhafi flag on the outskirts of the eastern town of Ras Lanouf, Libya, Tuesday, March 8 2011. Forces loyal to Moammar Gadhafi have scored a significant victory, recapturing the closest city to the capital to have fallen in r ebel hands. On another front near the opposition-held east, loyalists trying to stop anti-government fighters from advancing toward the capital pounded the rebels with airstrikes and rockets. (AP Gadhafi forces barrage rebels in east and west Loyalists threaten to recapture closest rebel-held city LIBYAN MEN walk by burned vehicles while visiting the stormed al-Katiba base in Benghazi, Libya Tuesday, March 8, 2011. Al-Katiba is a L ibyan internal security forces facility that hosted offices, a training field, an official ceremonies platform, an under ground secret detention camp and the residence of the Libyan leader Moammar Gadhafi in Benghazi, it was stormed and mostly burned by protesters during the ongoing Libyan uprising. (AP

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L OCAL NEWS PAGE 12, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE By KHYLE QUINCY PARKER Press Attach Embassy of The Bahamas Washington, DC WASHINGTON, DC The National Aquarium in Washington, DC, inaugurated its Fresh Thoughts: Sustainable Seafood Dining Series in March, featuring lionfish collected in the Bahamas. Bahamas Ambassador to the United States Cornelius A Smith a ttended, and was enthusiastic a bout both the evenings success a nd the initiation of a charge to d evelop a potential market for the c onsumption of the lionfish in the D C Metro area. Given the threat the lionfish represents to traditional fisheriese xports like grouper, the creation of such a market would be a boon of i mmeasurable worth to the Bahamas. At a time when fisheries exports in the Bahamas are not as strong as is desirable, the opportunity to create a new source of revenue for our marine sector is very welcome. Add to that the chance to exert a mea-s ure of control over this predatory species, and you begin to see why we are excited about this venturea nd what it may mean, Ambassador Smith said. I can only hope that the marine sector in the Bahamas will be e ncouraged by this event to redouble efforts to build an export market for lionfish. Such foresight will o nly redound to the benefit of our p eople, reaping commercial r ewards and conservational benefits. The Indo-Pacific Red Lionfish ( Pterois volitans) is not native to the Atlantic. In fact, this fish has been invading tropical Atlantic waters at an alarming rate and, in addition to causing major concern in the Bahamas, is threatening aquatic ecosystems as far east as Bermuda and south tot he entire Caribbean. The National Aquarium, the National Oceanic and Atmospher-i c Administration (NOAA Reef Environmental Education Foundation (REEF methods of controlling the popul ation and impacts of the lionfish. After those studies and consultation with the restaurant sector, h uman consumption has emerged a s a viable method to control the p opulation of this venomous pest species. At a time when concerned vend ors, restaurateurs and diners are s eeking sustainable seafood choice s, biologists are suggesting that the red lionfish may provide a commercial opportunity as well as a means to control an invasive species, said Andy Dehart, director of Fishes and Aquatic Invertebrates at the National Aquarium. With so many fish stocks overe xploited, were thrilled that lionfish offers a great-tasting fillet and were e xcited to finally introduce it to W ashington, DC, food enthusiasts. T his was the impetus behind t he decision to feature lionfish at the inaugural Fresh Thoughts event. Chef Xavier Deshayes partnered with the aquarium to launch this sustainable seafood dining series at the aquariums DC location. Fresh T houghts is intended to celebrate sensible and scrumptious seafood choices with the help of renowned W ashington, DC, chefs. Lionfish: Predator to the main course L IONFISH w as featured at the inaugural Fresh Thoughts event. ABIDJAN, Ivory Coast Associated Press IN AN act of bold defiance, thousands of women converged Tuesday on the bloodstained pavement where seven of their sisters fell last week, even as thea rmy backing this country's rogue leader killed four more civilians. The brutal slayings last week occurred when soldiers in armored personnel carriers opened fire on a crowd of female demonstrators who were armed with nothing more than treeb ranches, symbolizing peace. The attack has further galvanized the international community against strongman Laurent Gbagbo, who has refused to yield power three months after being declared the loser of his country's election. The women had tried to march everyday since the attack Thursday only to lose their nerve in the face of an army that has shown no restraint, including by breaking the long-standing code that has always protected women. They refused to be cowed on Tuesday, however, because it was International Women's Day. Hours after several hundred women marched in Treichville, a downtown neighborhood, the army burst in and killed at least four civilians. Reporters saw the bodies of three men and one women on the blood-splattered floor of a clinic. Thousands of other women demonstrating near the site of last week's killings in the Abobo district were protected by men who had formed a wall across the mouth of a freeway by lining cars end-to-end. Mariam Bamba, 32, picked up a limp branch Tuesday next to one of the blood stains on pave ment. "This leaf is all they were carrying," she said of the victims. The seven women are just a fraction of the more than 400 people killed in the three months since this country's disputed elec tion. Because they were unarmed women, their deaths have prompted international condemnation, including from the U.S. State Department which called Gbagbo "morally bankrupt." A video obtained by The Associated Press shows the joyful crowd blowing whistles and waving branches moments before the women are mowed down. When Sako Bamara arrived at the hospital last Thursday, his relatives told him not to lift the cloth covering his wife's body. At least not above the shoulders. "They wouldn't let me look at her face," he said. "So I had to identify her feet," he said. Then he broke down. The video's grainy footage clearly shows that the 34-yearold had been decapitated. Her brother-in-law was the first to arrive and recognized her by the color of her T-shirt. Bones were protruding from her neck. Beyond there was nothing. The survivors brought wooden carts from the nearby market and used them to transport the dead to the hospital. Bamara had encouraged her to go to the march, just as so many other husbands and fathers had. "That morning she asked my permission to go. I said, 'Be careful.' Since they are women, I thought they would never shoot." At the hospital, the dead women were laid side by side, and at one point a mobile phone started ringing inside the pocket of one of the other lifeless women. Bamara's brother lifted the cloth covering her body and retrieved it out of her pocket. On the other end was the dead girl's frantic father, Gnelle Gnon Ouattara, who could not reach his 21-year-old daughter Rokiya. He rushed to the hospital and saw his child, part of her neck sheared off by the large-caliber bullet. "In Africa we say that it's the child that must bury the father," said Ouattara. "When it's the father that buries the child, something isn't right." The women marching Tues day wore T-shirts bearing the smiling portrait of 'ADO' Alassane Dramane Ouattara, the democratically elected pres ident who has been prevented from governing the country by Gbagbo. He has spent the first three months of his term inside a resort hotel under day-and-night United Nations protection, and was to leave the grounds for the first time Tuesday night at the invitation of the African Union. Both Ouattara and Gbagbo have been invited to travel to Addis Ababa, Ethiopia to hear the verdict of the AU's Peace and Security Council, which was attempting to find a solution to the crisis. Ouattara has called on the international community to launch an armed intervention in order to oust Gbagbo, who appeared on state television last week to say that he is "hanging in there." "I heard someone say that God has left Africa," said Yacouba Ouattara, a relative of one of the dead women. "No. It's Ivory Coast that God has left." Four people killed in Ivory Coast after women honour dead INTERNATIONALNEWS A BOY gestures in front of a protest fire set by local youth, shortl y before security forces loyal to Laurent Gbagbo opened fire on civilians, in the Treichville neighborhood of Abidjan, Ivory Coast Tuesday, March 8, 2011. Soldiers backing Ivory Coast's rogue leader opened fire on civilians again Tuesday, killing at least fourp eople hours after hundreds took to the streets to protest the deaths of seven women gunned down at a march last week. (AP A MAN in a balaclava provides security at a rally of supporters of Alassane Ouattara protesting against violence linked to the nation's ongoing political crisis, in the Abobo district of Abidjan, Ivory Coast yesterday. (AP

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By ALISON LOWE Business Reporter alowe@tribunemedia.net The Bahamas Electricity Corporation needs to get its data straight as it relates tot echnical and non-technical electricity losses in the Fami ly Islands, its chairman said yesterday, with the accura cy of the numbers leaving much to be desired. In some months, BEC is shown as selli ng more electricty than it can produce. Michael Moss said BECs r ecorded losses in the Family Islands are all over the place, and any effort to start addressing this would be fruitless without first getting reliable data. He was responding to a query from Tribune Business as to whether BEC has been able to address what international consultants, Fichtner, found were high loss-levels in the Family Islands, both tech nical (as a result of distribution/transmission issues) and non-technical (as a result of theft, metering problems and the like). Fichtner, in a 2010 report supported by the Inter American Development Bank (IDB technical/non-technical loss figures in New Providence were not excessive compared with other nations in the region, losses in the Family Islands are high compared with those in other Caribbean countries, and especially compared with countries outside of the region. Referring to the Family Island losses, Mr Moss said: Nothing has yet been done about (reducingI believe the accuracy of the numbers leave much to be desired, and so the first thing to do is to go in and begin to scrub the systems. We have commenced that process. We are now getting what we believe to be more reli able data, and once we have that we can then begin to focus on the issues. Mr Moss said he receives a monthly report on Family Island electricity consumption and losses, and he suspects there are significant discrep ancies. Sometimes I have seen some of the monthly reports say the amount of electricitys old to customers is more than we produce. When you see that you know you have a problem,h e said. Losses in the Family Islands are likely to be primarily non technical due to theft or metering problems he suggested. SECTIONB business@tribunemedia.net WEDNESDAY, MARCH 9, 2011 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held r esponsible for errors and/or omission from the daily report.$ $4.72 $4.72 $4.72 InternationalInvestmentFund [Learn more at royaldelity.com] BAHAMASNassau:242.356.9801 Freeport:242.351.3010BARBADOSSt.Michael:246.435.1955 By NEIL HARTNELL Tribune Business Editor The $62.5 million Commonwealth Brewery/Burns House initial public offering (IPO stands a fairly good chance of being fully subscribed based on initial investor expressions of interest, its placement agent told Tribune Business yesterday, adding that the stock would be BISXs third largest by market capitalisation once listed. Describing the liquor manufacturer/distributor as a blue chip addition to the Bahamian capital markets, Michael Anderson, president of RoyalFidelity Merchant Bank & Trust, said the IPO was the first time weve brought a really good dividend yield to market for some time. Explaining that the relatively high dividend yield was likely to be attractive to both Bahamian institutional and retail investors, Mr Anderson Good chance $62.5m IPO fully subscribed n Commonwealth Brewery/Burns House stock to be third largest market cap at $250m once listed on BISX n A mount sought more than two times the highest amount raised in any IPO n Blue chip offering presents first really good dividend yield to market for some time n 2011 to be key test for capital markets, and investor split anticipated to be 80/20 in favour of retail SEE page 4B MICHAEL ANDERSON By ALISON LOWE B usiness Reporter alowe@tribunemedia.net It will take at least two years to address the Bahamas E lectricity Corporations (BEC o utage rate and reduce this to internationally-accepted standards, given the long-o verdue equipment maintenance this will demand, its chairman said yesterday. The average rate is still unacceptable, and it will take us two years to get on track in terms of outages. We are well overdue for main Two years to deal with BECs atrocious forced outages Corporation well overdue for maintenance .......... on every piece of equipment MICHAEL MOSS SEE page 4B OUT ISLAND ELECTRIC SALES MORE THAN WE PR ODUCE BEC data accuracy leaves much to be desired B y ALISON LOWE Business Reporter alowe@tribunemedia.net T he closure of two of the Our Lucaya Golf and Beach Resorts lower-price proper t ies in favour of keeping open its more high-end hotel will reduce Grand Bahamas pricec ompetitiveness as a destination, and make it harder to achieve a boost in overnight arrivals to the island, the Min i ster of Tourism and Aviation said yesterday. Given that occupancies were already low, the 58 per cent reduction in room invent ory brought about by Hutchison Whampoas decision to close parts of the resort will not have as much effect as the f act that the rooms the owners are choosing to keep on the market are the higherp rice category rooms, Vincent Vanderpool-Wallace told Tribune Business. H is comments came after resort executives confirmed on Friday that over 200 staff would be terminated, andp arts of the hotel closed in light of major losses. Our OUR LUCAYA CLOSURE STRATEGY DIMINISHES PRICE COMPETITIVENESS SEE page 8B By ALISON LOWE Business Reporter alowe@tribunemedia.net Bahamas Electricity Corporation (BEC tomers will likely see a rise in the fuel charge component of their bill in another months time, given the delayed impact of higher oil prices on its costs, although efforts will be made to mitigate this through the use of higherefficiency generation units. Michael Moss, BECs chairman, yesterday said that a trend of decreasing fuel charges for the last several months will likely turn around soon when the impact of rising oil prices, resulting largely from the unrest in Libya, is seen in BECs fuel bill. The fuel charge for the last several months hasbeen going down on your bill, but increases in fuel costs have just come about, so those are not yet filtering through to your bill. I do expect in another mon ths time, when we take another delivery of fuel and probably pay a higher price for that fuel, consumers will likely be seeing a higher fuel charge on their bill, he added. However, Mr Moss said this is not a given. What we are trying to do is maximise the amount of equipment we burn Bunker C (fuel BEC fuel char ge rise in a month Corporation aims to mitigate impact through use of more efficient Bunker C SEE page 4B By NEIL HARTNELL T ribune Business Editor T he Grand Bahama Chamber of Commerce is hoping to present the find-i ngs of its private sector survey, a key step in its devel-o pment of an economic plan f or Grand Bahama, to the key change agents by April-May, its president telling Tribune Business yest erday that the islands unemployment rate was now likely upwards of 20 perc ent. K P Turnquest said the Chamber was completing Phase Two of its economicp lan, the information gathering stage, and was aiming to present its findings to the G overnment, Grand Bahama Port Authority (GBPA wider community certainly b y May at the latest. Were moving now into the solidifying of the issues that have been raised to develop key points for pre sentation to the change a gents the Government, Chamber target for April on survey Utilities, Immigration and incentives among key private sector concerns* Islands unemployment rate upwards of 20%, and Chamber chief says: e cant catch a break SEE page 3B

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B y NEIL HARTNELL Tribune Business Editor Gas station retailers suffer margin erosion through a n inefficient pricing s tructure that penalises them w hen oil prices increase t hrough high capital costs, t he Bahamas Chamber of C ommerce and Employers Confederations (BCCEC chairman said yesterday, adding that government taxes were a major factor behind the relatively high prices. K haalis Rolle told Trib une Business that while it could be argued that gove rnment-imposed price controls on retail and wholesale m argins in the petroleum industry had benefited Bahamian consumers, they a lso had the consequence of constraining gas station p rofitability. Yet he argued that price controls were not the mainf actor in determining Bahamian gasoline and d iesel prices, the two key c omponents being the land e d cost of fuel (global oil prices) and the tax structurei mposed on the industry by the Government, I think price control, the Government-controlledm argin system, was meant to protect the consumer, Mr Rolle told Tribune Busi ness. To my mind, to this p oint it has been relatively effective, but I dont think t hats the major issue at hand. When you start to look at petroleum prices, the margin is a relatively smallc omponent of the pricing structure of fuel. Margins The main component is t he actual landed, acquisi tion cost of the fuel, and then you tack on the mar gins, tack on the duty struc t ure of the gasoline. At any point, duties make up a huge part of the overall price. So, compared to other places, the price is extremely high, but it ise xtremely high for a couple o f reasons the acquisition cost of the fuel, and the duty and tax structure of the fuel. R etail margins on gasol ine and diesel per gallon are $0.44 and $0.33 respectively, with wholesale margins on the former fixed at $0.33 per gallon. The Government, meanwhile, via the tax structuree arns $1.06 per gallon of gas plus 7 per cent Stamp Duty and, when oil prices rise as they now do, its take goesu p thanks to the latter being calculated as a percentage. Mr Rolles assessment was backed by Nassau Institute think-tank executive, Rick Lowe, who pointed out that, based on gasoline selling for $3.80 per gallon, the Governments collective $1.18 per gallon take was 53 per cent more than the combined retail/wholesale margins. Beside the fact that price controls are inherentlyi mmoral, and particularly in t he Bahamas, where the Government makes some 53 per cent more than the combined take of the inter national suppliers and local retailers, it's simply not possible to please both con s umers and suppliers, Mr Lowe said. World So as the world price of gasoline increases, the Gov ernments take, or profit if you will, continues to esca late, while the retailers who have to pay more for a gallon earn the same amount per gallon. He added that the easiest s hort-term solution to ease the impact of rising oil prices was for the Government to r educe its tax take, but theres always a price to pay. I n this case, it would be t he effect on government r evenue at a time when the Ingraham administration isl ooking to squeeze out every l ast cent of revenue from the Bahamas weak economy. For that very reason, and given that petroleum-related taxes, together with those on motor vehicles, accountf or around 35-40 per cent of total government revenues, t he administration will a lmost certainly not be lowering these duties any time s oon. H owever, Mr Lowe sugg ested: If the Government is not prepared to drop price controls in view of thei ncreases of oil on the world market, they might consider holding the Stamp Tax charges at current levels, rather than charge the 7 per cent on ever increasing CIF prices of imported oil. He added: Government n eeds revenue, and does not want to reduce its margin, but the public are saying: Make the gas retailer charge me less. Its a difficult position to believe you can control internationalp rices of anything. As far as c ontrolling it, its impossi ble, I think. Unless the Government i s prepared to do with less revenue from a gallon of gasoline, why get into the middle of it? The Govern m ent is saying: Im going to limit the retailers margin toa set figure, but Im not going to limit myself. Thatd oesnt seem entirely fair to me. Meanwhile, Mr Rolle told T ribune Business: In terms o f whether price controls are an effective measure for protecting the consumer, I g uess you can make the argument they are, but in terms of the overall profitability for retailers, they are constraining. If prices go up too high, the cost of capital goes up. The retailers need more money to pay for fuel upfront, so the cost of getting the fuel goes up for them. Because the cost of capital is so expensive, it strains their margins. If they have to go into overdraft to pay for fuel shipments, they have to pay overdraft charge, which come out of the margin. Thats where the inefficien cy is in the pricing structure. Petroleum products are a very heavily taxed com modity, and it doesnt serve them well. B USINESS PAGE 2B, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE 72$//&,9,/(59$176 7KDWVULJKWD/RDQDSSURYHGZLWKLQKRXUV 38%/,&:25.(56&2(5$7,9( &5(',7,21/,0,7(' Gas retailers penalised by inefficient price structure Think-tank executive points out that government tax take 53% more than retail/wholesale margins combined, as he and Chamber chair agree duties key to relatively high prices KHAALIS ROLLE Share your news The T ribune wants to hear fr om people who ar e making news in their neighbourhoods. Perhaps you ar e raising funds for a good cause, campaigning for impr ovements in the area or have won an awar d. If so, call us on 322-1986 and share your story.

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BUSINESS T HE TRIBUNE WEDNESDAY, MARCH 9, 2011, PAGE 3B Wanting to compare notes and p riorities with one of the most important areas of Government, the Bahamas Hotel Associations (BHA recently met with Education Minister Desmond Bannister. The meeting resulted in a c ommitment to work closer on key areas of mutual interest, and a pledge to be part of a collaborative effort along with the Ministry of Tourism, and between Government and industry, to bett er address tourisms workforce d evelopment needs. The BHA has long been involved in working with theschools, and is presently stepp ing up its education and training e fforts in anticipation of upcoming demands for qualified candidates as the economy rebounds and Baha Mar and oth-e r investments come on stream. RESORTS MOVE ON EDUCATION the Port Authority and the community. Thats the next phase t hat we hope will be done in a month, Mr Turnquest told T ribune Business. A sked about the key issues raised, the Chamber president said: The primary issue people had was on the utility costs. I guess that ranked number one. Immigration has been a big issue, and the duty concessions and rights under the Hawksbill Creek Agreement was another issue. The overall lack of pro-m otion of the island has been another concern. Mr Turnquest said the Chamber had already met with the Government and the Grand Bahama Port Authority (GBPA over the Ingraham administrations plan to create a Grand Bahama Development Board, which would oversee the islands promotion and growth, agreeing to work together after being reassured that the initiative would not sideline its economicd evelopment plan. We did express the concern that we did not want to get sidetracked from the initiative weve undertaken, Mr Turnquest explained. A lot of thought and work has gone into that. Wew ill be working side by side with the initiative outlined by the Minister, and they will work very well in terms of the overall v ision for the island. With those concerns satisfied, Mr Turnquest said of the Development Board plan: Obviously, its of the utmost impor t ance that we all work together to try and resurrect or fix the situation [on Grand Bahama]. The idea of working together in a collaborative fashion to promote Grand Bahama and address the issues affecting business and foreign direct investment is obviously very important and a good approach. Our immediate need is in respect of tourism promotion. T here are a number of initiatives being talked about, and hopefully Grand Bahama will be on the radar and promotion of this destination will take place so we can benefit. R eferring to last weeks lay-off of some 200 hotel workers at Our Lucaya, Mr Turnquest said: It just seems like we cant catch a break. We are having a very difficult time at the m oment. There are some far-off bright spots we see. There are still some tremendous opportunities here, but there are some things we have to deal with and make adjustments on the cost of elect ricity is a major concern. There are still very good opportuni ties for Grand Bahama, and we have to go out and promote it and reconnect with the kind of investment that will help us withs ustainable development. A lthough there were no official, updated unemployment figures, Mr Turnquest described the loss of 200 jobs as very big f or us. But, given the 17 per cent rate for Grand Bahama recorded two years ago, and with no major job opportunities having come to the island since, the Chamber president esti mated that the present rate was upwards of 20 per cent for s ure. We have 1,000 students coming out of school in the next couple of months. What are we going to do with those kids, Mr Turnquest asked. Chamber target for April on survey FROM page 1B DAVE CARPENTER, AP Personal Finance Writer CHICAGO As a historic bull market reaches its second birthday, everyday investors are piling back into stocks, finally ready for more risk and hoping the rally has further to go. T he Standard & Poor's 500 index has almost doubled since March 9, 2009, when it hit a 12-year low after the financial crisis. And the Dow Jones industrials are back above 12,000, about 2,000 points shy of their all-time high. Little-guy investors appear to be on board. Since the beginning of the year, investors have put $24.2 billion into U.S. s tock mutual funds, according to the Investment Company Institute. They withdrew $96.7 billion in 2010. "It didn't feel right to be back in until now," says Richard Dukas, who heads a public relations firm in New York City. "I still don't want to put all my money in the market, but I believe we've come through the worst of it." A fter the 2008 financial meltdown, Dukas and his wife converted their 401(k retirement accounts into cash. They had been burned during the bubble in technology stocks a decade ago, and Dukas says he has been "extremely skittish" ever since. Now Dukas, 48, says 85 percent of his portfolio is back in mutual funds, although he maintains a small cushion of cash. M ore job security, strengthening retire ment account balances and improvement in the overall U.S. economy are some of the factors that have brought everyday investors back to the market. A snapshot of what's happened: The outlook of investors as measured by stock newsletters and market surveys has been extremely bullish for two or three m onths, says Mark Arbeter, chief technical strategist for S&P Equity Research. Many workers have enjoyed seeing their 401(k stood at the market's peak because they kept contributing during the down years. Many who have maintained their 401(k accounts for a decade or longer still have some ground to make up because of theirl arger starting balances. Americans who still have jobs are as secure as they've been in 14 years. That's because the number of planned layoffs has fallen to a low, according to outplacement firm Challenger, Gray & Christmas. The combination has boosted confidence and brought investors back to a rising market. The Dow was trading Tuesday at around 12,200, up 86 percent from the 2009 l ow. It's still 14 percent below its all-time high in October 2007. While the economy is improving, it will take a lot longer to erase the abject fear that average investors have felt about owning stocks the last two years, says Jason Trennert, chief investment strategist for Strategas Research Partners in New York. One reason to set aside their reservat ions: They can't find a better place to stash their money. The bull market in bonds has ended, money-market accounts are returning 1 percent or less, and the average twoyear CD earns no more than 1.5 percent. As a result, many investors returning to the market are tiptoeing back in. They're buying what Trennert calls "stocks that look like bonds" dividend-p aying blue chips that they hope will hedge their risk by guaranteeing at least a dividend payout. Historic bull market reaching second birthday

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B USINESS PAGE 4B, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE +2//<$/(;$1'5$ :$//$&(RI:(67%$<675((73%2;&% %$+$0$6 %/81'(//$1$*(0(17,1& 1RWLFHLVKHUHE\JLYHQWKDWLQDFFRUGDQFHZLWK6HFWLRQ RIWKH,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV$FW RI %/81'(//0$1$*(0(17,1& KDVEHHQ GLVVROYHGDQGVWUXFNRIWKH5HJLVWHUDFFRUGLQJWRWKH &HUWLFDWHRI'LVVROXWLRQLVVXHGWKH5HJLVWHU*HQHUDO RQWKHWKRI)HEUXDU\ (SVLORQDQDJHPHQW/WG 6XLWH)LUVW)ORRUOLDML7UDGH&HQWUH )UDQFLVDFKHOWU9LFWRULDDKH 5HSXEOLFRIH\FKHOOHV /LTXLGDWRU said the upcoming IPO scheduled to launch on March 21 would test just how far this nations capital markets had come, including their ability to absorb and finance such sizeable equity offerings. Describing the $62.5 million that the Commonwealth Brewery/Burns House IPO is seeking to raise as more than two times the highest amount raised in an equity offering, IPO in the Bahamas previously,Mr Anderson acknowledged it was difficult to know just how much investor inter-est there was, and now much capital there is to meet the requirements of the offering. However, RoyalFidelity, accompanied by Commonwealth Brewery and Heineken executives, is now into its second week of presentations to key Bahamian institutional investors, such as pension funds and insurance companies, and Mr Anderson told Tribune Business: We expect to see a fair amount of interest in this offering, and our initial indications are that there is strong interest. From what weve seen, there is a fairly good chance of this being fully subscribed, which signifies that there has been development in the capital markets and more capital is available to be placed into an IPO. The RoyalFidelity president said he had initially anticipated that investor take-up for the upcoming IPO would be split 80/20 in favour of institutional investors, but several wealthy individuals had already expressed interest in taking up multi-million allocations of around $2-$3 million. On this kind of offering, Id be looking at $40-$50 million coming from institutions, and the last $15-$20 million coming from individuals, Mr Anderson said. Its very difficult at this stage to figure out whetherwe will see the level of interest we expect to see. Initial indications are good, but at theend of the day, people have to be comfort able its a good investment. He agreed with Kenwood Kerr, Providence Advisors chief executive, who earlier this week told Tribune Business that successful IPOs and equity offerings required a good underlying story, telling Tribune Business the key factor was whether they offered enough value to make them attractive to investors. While there was a fair amount of liquidity in the Bahamian market, Mr Anderson conceded this did not mean people would automatically invest in the upcoming IPO. The risk/reward fundamentals had to be attractive, he added, but one positive was that the dividend yields and total potential return on offer were much highe r than current bank deposit rates. Acknowledging that recent trends had been for the Bahamian capital markets to shy away from equities on the basis of a lack of yield, instead preferring fixed income securities, Mr Anderson said the attraction of Commonwealth Brewery/Burns House which operate as one company for investors was that they p rovided a relatively high dividend return. This particular security offering has a relatively high dividend yield for equities, and I believe that will be attractive to investors as well, he told Tribune Business. They will get the benefits of capital appreciation as well as an attractive dividend yield. M r Anderson said most Bahamian equities that had performed well offered attractive dividend yields to their shareholders, but in more recent times the markets general focus had been on capital (share price ) appreciation and earnings. This will be the first time weve brought a really good dividend yield to market for some time, he told this newspaper. It will have the third highest market capitalisation of any security. This one, at $250 million, will be the third biggest market cap on BISX. Its one of those stocks that ought to be attractive to institutional and retail investors as one of the blue chips on the market. The largest BISX-listed stock by market capitalisation is FirstCaribbean International Bank (Bahamas followed by Commonwealth Bank at $670 million. FirstCaribbean, when it was CIBC, also holds the distinction of being the largest IPO to date at around $30 million. With the $62.5 million Commonwealth Brewery/Burns House IPO set to be followed later this year by the flotation of the first 9 per cent tranche of Bahamas Telecommunications Company (BTC shares retained by the Government, likely worth around $37 million, and the possible $8 million Arawak Cay port IPO, around $100 million worth of equities will be offered to the Bahamian capital markets this year. will be a good year to test the capacity of the capital markets, because we will be bringing a number of new offeri ngs to market that I dont think weve done in the last 10 years or so, Mr Anderson said. It will be very interesting to see. Im kind of excited about the prospect of it, its such a large amount, and hopefully Ill be more than pleasantly surprised by the results. Mr Anderson added that investors neede d to look to the future, and realise that with the $2.6 billion Baha Mar project starting, and the Government in the throes of major infrastructure upgrades, the Bahamian economy was preparing to enter a new growth phase something that would benefit the companies being offered as investment opportunities. If this pans out as we expect it to do over the next three-five years, it will be a major growth period for the Bahamas, he explained. Theres a massive amount of money going to be spent in the economy over the next two-three years, and that will spur growth in the economy, and put people in a better position to invest and benefit from these investments. Its the start of it. We have to look at the next three-five years as a major growth period for the Bahamas. The Government mandated that a 25 per cent stake in Commonwealth Brewery/Burns House be offered to Bahamian investors as an IPO as a condition for approving the $125 million buy-out of the 50 per cent stake held by Associated Bahamian Distillers and Brewers (ABDAB trolled by Sir Garet Tiger Finlayson and his family. The IPO will be offered at the same terms, and price, as ABDAB received, the Government having approved the timing given that it agreed to effectively underwrite the offering by acquiring any shares not subscribed for by the Bahamian public. Good chance $62.5m IPO fully subscribed FROM page 1B tenance, in terms of the recommended maintenance suggested by the manufacturer, on every piece of equipment, Michael Moss told Tribune Business. M r Moss was responding to this newspapers query about w hether BEC has been able to make any headway in addressing its forced outage rate, which a report by international consultants, Fichtner, revealed to be two to three times the international industry average between 2007 and 2009. The Forced Outage Rate refers to the probability that a power unit will not be available for service when required. T he German-based consultants drew attention to this d eficiency in an Inter-American Development Bank (IDB supported report released in early 2010, noting that the C lifton Pier Power Station showed a high forced outage r ate of between 10 per cent and 16 per cent in the past t hree years, while a typical benchmark would be a maximum 5 per cent. Equipment M r Moss emphasised the role played by BECs limping financial position in its failure to adequately maintain equipment, resulting in power outages in recent years. A fter turning a small profit for the first time in five years in 2010, BEC is expected to generate a net profit in the "$8 million to $10 million" range in its 2011 financial year. This enhanced financial position will give the Corporation the leeway to begin to address some of its equipment deficiencies in a more effective manner, suggested Mr Moss. In terms of the outage rate at the plant, it is atrocious, but t he Corporation has not had the financial means to maintain e quipment in as timely a fashion as one wouldve wanted to, a nd when you fail to maintain you get breakdowns, he told Tribune Business. We have started to sign contracts to commence address ing the outages. What you have to do is judiciously begin tak ing out equipment (for maintenance overhauls you cant be reckless about it, because even if itm ight be overdue, if you take it out in summer you will only make it worse for consumers. You have to do work on some and keep your fingers crossed and hope that that which has not been addressed willl ast through the summer. Mr Moss said that around two years from now would be a more appropriate time to begin benchmarking [BEC]a gainst international standards on outages. I think its most unfortunate to do that when everyone knows what the situation with BEC has been financially, he said. Two years to deal with BECs atrocious forced outages FROM page 1B imise the impact to customers. That certainly is our objective, since Bunker C is cheaper, so we want to use as much of that as we can. The end fuel charge to the consumer is a combination of the fuel we have to buy and the equipment we use to generate power, he added. B EC last year ditched the fuel surcharge in favour of a fuel charge, in an effort to let the public know the full impact that fuel has on our business. This means that customers are charged a basic tariff, which is based on the cost of defraying the cost of doing business, including salaries, maintenance and a little profit, noted Mr Moss, and a separate fuel charge that varies depending on the price of fuel in the international market. This is as opposed to the inclusion of a fluctuating fuel surcharge within the basic tariff. FROM page 1B BEC fuel charge rise in a month

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f 326,7,21$9$,/$%/( )25$/(*$/(&5(7$5
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Lucaya said the move was necessary to save other jobs and keep the remaining parto f the resort operational. Speaking to Tribune Business from Berlin, Germany, Mr Vanderpool-Wallace said that while Grand Bahama used to play a role as a lower entry price point Bahamian d estination, this is no longer the case, and it will mean changes in the way the resort a nd the island are marketed t o potential tourists. In terms of the categories, it does make a difference because they really are keeping open the higher-priced category rooms. We under-s tand why they are doing it, b ut it certainly will have impact on what we are promoting and prices, and the competitiveness of Grand Bahama versus Nassau. The effect is that some of the com-p etitiveness that we thought c ould be restored to Grand B ahama will be diminished, a nd it will mean we have to work harder on achieving what it is we are trying to achieve, said Mr Vanderpool Wallace. That is something we are s till working out the details on with the new management there, and we certainly have gotten a great deal of cooperation with them so far. Maximising value to w ould-be travellers to the B ahamas essentially lowering costs or enhancing what visitors feel that they get for their dollar has been a majorf ocus of the Ministry of Tourisms strategy to attract more arrivals to this nation during economically diret imes. Promotions such as the Companion Fly Free deal ,which allows an internation-a l visitor to get a free airfare to the Bahamas if they and a friend/partner stays at a hotel f or a minimum of four nights, h ave been key elements of this strategy. The Tourism Minister d eclined to elaborate on any plans that may have been shared with him by ther esorts owners to boost its f lagging performance levels, but he added that his Ministry will now work with (the h otel) to help restore them to where they were. Mr Vanderpool-Wallace a dded that the Government was supportive of the decision by Hutchison Whampoa to have those ultimately responsible for the property really much more concentrated on island than they were b efore as it seeks to improve business levels at the resort. We certainly believe in t his group, which is trying to m ove things along, and we will do our best to work with t hem to make that happen. W e believe the formula they h ave come up with now, where all of Hutchisons holdings on Grand Bahama are under one vision as opposed to the separation that wast here before, will help, said t he Minister. Tribune Business understands that Hutchison Whampoa has restructured its Grand Bahama interests under the Freeport ContainerP ort, placing them under the u ltimate control of Hong Kong-based John Meredith, head of the conglomerates global ports operations,H utchison Port Holdings. Hutchison Whampoas other interests in Grand Bahama, besides Our Lucaya, include a5 0 per cent interest in the Freeport Harbour Company, which owns the GrandB ahama Airport, 50 per cent in the Grand Bahama Development Company (Devco a nd a majority holding in the F reeport Container Port. On Friday, resort executives at Our Lucaya conf irmed that more than 200 staff would lose their jobs at the resort, leaving around 550s till employed. T he resort will now consolidate its operations in the Breaker's Cay and Manor H ouse section of the property, while the other two hotels, including the Reef Village willb e closed. "Primary in our improvement plans is an aggressive marketing and promotional campaign and possible restructure of the resort. We remain excited about Grand B ahama's future and will con tinue to demonstrate our con fidence in the tourism growth a nd economy of the B ahamas," a statement from the company said. B USINESS PAGE 8B, WEDNESDAY, MARCH 9, 2011 THE TRIBUNE 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .130.95AML Foods Limited1.041.090.052,0000.1230.0408.93.67% 1 0.639.05Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 5.754.40Bank of Bahamas4.504.500.000.1530.10029.42.22% 0.530.17Benchmark0.180.180.00-0.8770.000N/M0.00% 2.842.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2.201.96Fidelity Bank1.961.960.000.0160.040122.52.04% 12.409.44Cable Bahamas10.2110.210.001.0500.3109.73.04% 2.852.35Colina Holdings2.402.400.004000.7810.0403.11.67% 7.005.80Commonwealth Bank (S1)6.806.800.000.4880.26013.93.82% 2.861.90Consolidated Water BDRs2.162.210.050.1110.04519.92.04% 2.541.40Doctor's Hospital1.401.400.000.1070.11013.17.86% 6.505.25Famguard5.255.250.000.3570.24014.74.57% 9.275.88Finco5.885.880.000.6820.0008.60.00% 11.408.77FirstCaribbean Bank9.399.390.000.4940.35019.03.73% 6.004.57Focol (S)5.405.400.000.4520.16011.92.96% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.50ICD Utilities7.407.400.000.0120.240616.73.24% 10.509.80J. S. Johnson9.829.820.000.8590.64011.46.52% 10.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029TUESDAY, 8 MARCH 2011BISX ALL SHARE INDEX: CLOSE 1,456.20 | CHG 0.32 | %CHG 0.02 | YTD -42.99 | YTD % -2.87BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7% Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.51221.4076CFAL Bond Fund1.51795.51%6.90%1.498004 2.95272.8300CFAL MSI Preferred Fund2.94860.04%1.45%2.918256 1.58371.5141CFAL Money Market Fund1.58370.61%4.59%1.564030 3.20252.8522Royal Fidelity Bahamas G & I Fund2.7049-0.56%-15.54% 13.638813.0484Royal Fidelity Prime Income Fund13.41640.44%-0.10% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.14651.0000FG Financial Preferred Income Fund1.14655.20%5.20% 1.11851.0000FG Financial Growth Fund1.11854.73%4.73% 1.14911.0000FG Financial Diversified Fund1.14915.35%5.35% 9.74859.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.79504.85%5.45% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.6417-1.20%0.50% 10.12669.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.12661.27%1.27% 8.45104.8105Royal Fidelity Int'l Fund Equities Sub Fund8.45100.72%9.95% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200730-Nov-10 31-Jan-11 107.570619 105.776543 30-Jun-10 31-Dec-10 NAV 6MTH 1.475244 2.910084 1.545071TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Nov-10 30-Sep-10 28-Feb-11 11-Feb-11 31-Jan-11MARKET TERMS31-Dec-10 31-Jan-11CFAL Securities Ltd. (Over-The-Counter Securities)31-Jan-11BISX Listed Mutual FundsNAV Date 30-Nov-10 31-Dec-10 1,66$*('(1$RI 63$1,6+:(//6(/(87+(5$%$+$0$6 r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t $VVRFLDWHVVWDWHPHQWRIVXFKFODLPLQWKHSUHVFULEHG IRUPYHULHGDQ$IGDYLWWREHKHUHZLWK )DLOXUHRIDQ\VXFKSHUVRQWRDQGVHUYHVWDWHPHQW RI VXFKFODLPWKHDERYHWLPHZLOORSHUDWHDVEDUWR VXFKFODLP $662&,$7(6 &KDPEHUV 7RS)ORRU&KDUOHV(&DUH\%OGJ 'RZGHVZHOOWUHHW 1DVVDX7KH%DKDPDV $WWRUQH\VIRUWKHHWLWLRQHU Our Lucaya closure strategy diminishes price competitiveness F ROM page 1B

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ENTERT AINMENT THE TRIBUNE WEDNESDA Y MARCH 9, 201 1, P AGE 9B J u s t a fe w i m a g e s o f w h a t w e t h e Bahamas looked li ke 4 0. .. 50 .. 60 .. years in the past The Bahamas own home grown models. Who would not visit the islands of the Bahamas if there was a chance of catching a glimpse of one of these glorious young ladies. Flash Back BY ROLAND ROSE Heirlooms or hybrids? I was talking with a gardening friend a few weeks ago and offered him some heirloom tomato seeds. He showed no interest. "I only grow hybrids," he told me. "They are good and reliable." He had a point. Hy bri d to ma toe s usua ll y p rod uc e w ell, w hi le heirl oom tom a t oes c an se riousl y disap poi nt w he n it co mes t o a go od h arv e st. Th is e xc h an ge le d m e t o th in k a bou t th e p ros a nd c ons o f b oth t yp es. H y b r i d s e e d s a r e p r o d u c e d b y c ros s-poll ination in or d er to establ i s h de fi n e d c h a ra c t e r i st i c s H e i rl o o m to mat oe s ar e op en po lli na ted a nd t h e ir fo re b e a rs h a v e be e n a ro u nd f or m a n y y e a r s w e l l o v e r a h u n d r e d y ears for s ome Had I co unted my t oma to es a t C hri stma s ti me I w ou ld h a v e f o u n d a 3 : 2 r a t i o o f h y b ri d s o v e r heirlooms bec aus e hybrids tend to p rod uc e q uic k ly an d I use d th em for m y fi rst c ro ps. N ow the m aj ori ty is d ef ini te ly he irl oo ms. Pra c tic a ll y a ll h yb rid tom ato va rieti es a re de te rmin at e, m ea ni ng th at the y pro du ce al l of the ir fru it at o ne time a nd t hen die M o s t he irloom s a r e i n d e t e r m i n a t e a n d f ru i t i n g i s s t a g g e r e d o v e r a l o n g p e r i o d u s u a l l y w i t h d i m i n i s h i n g r et u r n s I h a ve o f t e n pul le d u p p la nts tha t st ill ha d one o r tw o to ma to es a tt ac h ed w hic h w ere a lon g w ay f rom rip en in g. H yb rid to ma toe s a re u sua ll y of a uni form sh ap e an d siz e, a ll se e min gl y p r e s s e d f r o m t h e s a m e m o u l d He irlo om t oma to es ha ve qui te a bit of c h a r a c t e r a n d n o t w o se e m t o l oo k qui te al ike N ot al l th ei r sh ap es a re ap pealin g; t hey ar e o ften lop si ded a n d p a r t i c o l o u r e d S o m e p e o p l e l o o k a t b la ck h ei r l oo ms an d r e s ol u t el y ref use to sa mp le a sli ce I h a v e a l r e a d y m e n t i o n e d t h a t h ybr i d t om at oes ar e v igo r ou s an d reg ul ar. Thi s i s imp orta nt more to a f a r m e r t h a n a g a rd e n e r b e c a u s e w h e n al l the c rop is at the sa me sta ge o f gro w th th e tim e fo r rea pin g i s e asi ly c al c ula te d an d th e ha rve sti ng c a n be do ne i n on e pa ss. He irl oo m tom ato vin es m ay be w ith you for most o f t h e g r ow in g s eas o n t a ki ng u p f ar mo re sp ac e tha n t he y re al ly sho uld w he n yo u c a lc u la te the retu rns. O ne of the c harac teristics added to hy bri d tom ato es is dise a se resi sta n c e To m a to e s a re p ro n e t o a gr e a t n u m b e r o f d i s e a s e s a n d m a n y o f t h e s e di sea ses c a n be ne ga te d b y usi ng the correc t va r ie ty of tomato. Farmers do no t wa nt to lo se a c om ple te c rop to di sea se so th ey i nv est i n v a rie tie s that are w ell protecte d. Ga r d eners te nd to gro w sev e ral di ffe ren t v ari e t i e s o f t o m a t o a n d t h e l o ss o f o n e se t w o u l d b e a nn o y i n g b u t no t a d i s a s t e r. S om e he irlo om to ma toe s d o ha ve i n h e r e n t d i s e a s e re s i s t a n c e b u t i n g e n er al t h ey ar e in no cen t s at lar g e. I m ust sa y th at I ha v e n ev e r l ost an y h ei rloo ms to a ny d ise ase o the r tha n n e ma t od e s. Th e y m a y no t be d is ea s e re si sta n t b ut as l o ng a s th e y a re w e ll f e d a n d he a lt h y t h e y c a n su r v i v e v e r y w e l l If yo u ha v e be e n me nt al ly t al ly in g th e m er its o f hy bri ds o ve r he irl oo ms y o u n o d o u b t h a v e h y b r i d s w e l l a h e a d b y no w Th e l a st fa c t or t o be c o ns id e red m ay c h an ge e ve ry thi ng Wh y d o yo u th ink tho se he irl oo m t o m a t o e s h a v e b e e n a r o u n d f o r 2 5 5 0 o r 10 0 y e ars? It is a ll be c au se o f th e t a s t e H e i r l o o m s a r e h e i r l o o m s b e c a u se t h e s e e d s o f t h e f i n e s t t a s t i n g f rui ts w e re sa v e d a n d u se d y e a r a fte r year. T here is no su c h thi ng as an i nsip id he irl oo m. D u r i n g F e b r u a r y a l a d y f r i e n d tasted a blac k toma to B lack From Tula for the first time. "That's a t om a to !" she e nt hu se d W ow S h e then went on to suggest you could have heirloom tomato tastings just like wine tastings. Hybrid tomatoes taste good and a re ve ry sati s f yin g unt il you m atc h them up against an heirloom. Try a slice of Big Boy or Early Girl, then try the v ery simil ar l ookin g Bran dywine. Point made. O n t he l i g ht e r si d e h e i rl o om s u su a ll y ha ve be tte r n am es tha n hy bri ds. The hy br i d na mes are very ple asant but seem to have been selected by c om m it t e e. H e ir lo o m t om a t oe s h a v e w o nd e rfu l na m es th a t oft en hi nt a t a stor y : Anna Russian, Break o' Da y, B o x Car W i llie, Cher okee Chocolate, Earl of Edgecombe, Kellogg's B re ak fa st, Mortg a ge Lif ter, Oma r's Lebanese, Pink Ping Pong, Riesen traube, Sophie's Choice and Wins All are examples. If y ou h av e n ev e r gro w n he irl oo m tomatoes, why not give them a try. Ju s t l i k e P r o u s t s M a d el e i n e t h e taste may take you ba ck to the time w he n t o ma t o e s t a st e d l i k e re a l to m a toes instead of mushy cardboard. gardenerjack@coralwave.com By GARDENER JACK GREEN SCENE RELIABLE: A selection of heritage tomatoes including Cherokee Purple, Jubilee, Black Krim and Cuban.

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ENTERT AINMENT P AGE 10B, WEDNESDA Y MARCH 9, 201 1 THE TRIBUNE things 2 D O MARCH 9 MARCH 11 BTTO'S TALENT EXPLOSION SEARCH The Bahamas Talented Youth Organisation invites young men, ages 13-17, to be individual participants or groups in the Talent Explosion taking place in April. Participants will be divided into three categories of singing, dancing and instru ments. Winners receive a grand prize of $500 and go on to perform at the finals of the Miss Bahamas Talented Teen Scholarship Competi tion. Entry fee: $50/per entry form. Email: talented teenbahamas@yahoo.com Telephone: 341-7330. MARCH 10 THURSDAY COB'S CAREER AND JOB FAIR The College of the Bahamas Counselling and Health Services department hosts a Career and Job Placement Fair under the theme "Jobs for the Present, Careers for the Future", 10am-4pm at Independence Park. See http://www.cob.edu.bs MARCH 12 SATURDAY NWCCU'S OPEN HOUSE The National Workers Co-operative Credit Union presents an open house that showcases its services and products, 10am-6pm. Tele phone: 326-5806. MARCH 12 SATURDAY SWAGGARIFIC EXTRAVAGANZA: "ZEBRA AFFAIR" Sky Juice King presents the black and white edition of the Swaggarific Extravaganza at Club 112. Music provided by Outta Road King Studda alongside Warrior Sounds, One Touch, DJ Tank and Lil Dwight. Cost: $10/ladies; $15/gents. MARCH 12 SATURDAY 6TH ANNUAL UNCLE LOU ROAD RACE & WALK St Augustine's College Alumni invites you to take part in the 6th annual Uncle Lou Road Race and Walk that begins 6am from Rawson Square with male and female categories from under-15 to 50-and-over. Entry fee: $15. MARCH 14 MONDAY "CHAPTER 34": POPEYE'S BIRTHDAY CELEBRATION Popeye Productions and Club 40/40 present "Chapter 34", a birthday celebration for Popeye, 10pm at Club 40/40, Carmichael Road. Cost: $10/ladies; $15/gents; $25/VIP includes free drinks and hor 'd'ouvres. Music provided by Mighty Pencil, DJ Fines, Dion Da Butcha, Big "L" and special performances by The Smooth Criminals, Juice Unit Dancers and Popeye and Da Caribbean Dancers. Share your news The Tribune wants to hear from people who are making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for improvements in the area or have won an award. If so, call us on 322-1986 and share your story. By LYNN ELBER AP Television Writer C O N S I D E R t w o p a r a l l e l u n iv er s e s : C ha r lie S h ee n is de s ti ned t o hi t rock bot t om af t er bei ng f i red f rom t he best j ob he'l l ever have; Charli e S he en has been f ree d t o bl az e a new p ath to d az zling fame and ric he s Specul ati on about the duel i n g s c e n a r i o s s w e l l e d a f t e r Wa r n er Bros. T ele visi on said Monday t hat Shee n' s ser vi ces on Tw o a nd a H a l f Men" ha d b e e n t e r m i n a t e d e f f e c t i v e i mme d ia te ly fo ll ow in g ca r e fu l c o n s i d e r a t i o n T h e s t u d i o sa i d i t s y e t t o d ec ide the f a te o f TV's t o p-r ate d c o m e d y w h i c h u n d e r p r o te s t fr om Sh e e n, ha lte d p ro d uction f o r the s eas on to allow the ha rd p ar t y ing a cto r to s ee k t r e at m e n t f o r a dm i t t e d d r u g u s e D ur i ng hi s bi tt er tu g of -w ar w i t h t h e s t u d i o a t t e n t i o n focused on whet her he w as on the v erge of ki l li ng hi s ca reer. I mp er ili n g a hit sh ow and a jo b that pai d a r eport ed $1.8 m il li on an epi sode or earnin g h im n or t h of $4 3 mil lion a ye ar m us t b e S h een s un do i ng obs ervers said. Not s o f as t say ot hers. "A t t hi s poi n t al l bet s are off regarding w her e his career g o e s f r o m h e r e s a i d P a u l Levinson, a Fordham Uni vers i t y m e d i a p r o f e s s o r "A l t h ou gh no t hi n g i s ce rt ai n w h e re f a m e a n d c e l e r i t y a re c onc ern ed, She en's ubiqu i ty in th e p a s t fe w w ee ks s ug g es t th at h e c o u l d i n d e e d g o o n t o b e c ome a big g er s u pe r s ta r th a n ( t h e s i t c o m ) c o u l d e v e r h a d made h im ." O p p o r t u n i t y a l r e a d y m a y hav e come knocking. Sheen, 45, m et wi th executives at Live Na t ion Enter t ainmen t on M on day a nd i s co ns id e r ing a s er ie s o f sta g e s ho ws c elebr i ty we bsite Radar Onli n e s ai d. C all s and e-m ai ls t o the co n c e r t p ro m o t i o n c o m p an y were n 't ret urned M onday. The road beckoned anot her pe r f o r m e r w h o c l a s he d p u b li cly wi t h his empl oyer: Conan O' Brien went on a nat io nwide c o n c e r t t o u r a f t e r e x i t i n g N BC 's T on ig h t" o v e r n e tw o r k plans to move the show. Sheen also i ntends t o s el l a li ne of m er chandi se, incl uding T -sh ir ts, h ats a nd mug s e mb laz o ned wi t h hi s cat ch phrases, the websi te said. I t s ai med at di spl aci ng w hat he cal l ed t he po s er s a nd boo tl e g ge rs ma ki n g m o n e y o f f W i n n i n g '' Adoni s DNA and his ot her m e m o r a b l e u t t e r a n c e s RadarOnl ine re p or t ed. T h e f i ri ng c ap p ed a r ar el y open, ragin g batt le be t ween a Holl y w o od star and thos e who e mploy him, with Sh ee n cla i mi n g t h e r i g h t t o l i v e a s h e p l e a s e d i n c l u d i n g t h e a c k n o w l e d g e d u s e o f i l l e g a l dr ugs, a l t hough he's said he i s c u rr en tly c lea n as lon g a s h e s how ed up sober and r eady to w o r k T w o a n d a H a l f M e n wh i c h de b ut ed i n 2 00 3, st ar s S hee n as womaniz i n g bac helor C h ar lie Ha r p er w ho c r e ate s a n a d hoc f a m ily wit h h i s neu roti c b r o t h e r t h e d i v o r c e d A l a n (J o n C r y e r ) an d A l a n s s o n J ake (Angus T. Jones ). S h ee n s l i f e h as l on g b e en r ocky but eit her despi te of th at or b ec au se of i t viewe rs e m brac ed hi m. Without Men,' is Charlie Sheen winning or losing? By GREGORY KATZ and SHAWN POGATCHNIK Associated Press C A L L he r Kate at le as t for n o w I t may b e y ea r s be for e Ka t e Mid dle ton b e co me s qu e en b ut q u e s t i o n s a r e a l r e a d y b e i n g r a is e d a b o u t t h e p r in c e s s -t o -b e 's p r e fe r r e d m o n ik e r : Q u e e n K a te o r Que e n Ca the r ine ? Ever since her engagem ent bec am e of fi cial in November, p a l a c e o f f i c i a l s a n d h e r fia nc e P r inc e William ha ve ta ke n t o c allin g h er C ath er ine w hic h is the na me us e d o n the o f fi c i a l g ol d e m b oss ed i nv i tatio ns to the ir nu ptia ls a t We stm i n s ter Ab be y o n Ap r il 29 C a th e r i n e s o u n d s mo r e fo r m a l, r e g a l a n d fi t ti n g f o r a f u t u r e q ue e n, e xp e rts s ay B ut M i ddl et on herself ma y n o t e m b r a c e t h e c h a n g e j u s t y e t. D u r i n g a j o i n t v i s it T u e s d a y w i t h P r in c e Will ia m to N o r th e r n I r e l a n d M i d d l e t o n m e n t i o n e d c a s ua lly tha t s he thin ks o f h er s e lf pr ima rily a s K ate "I'm st il l ver y much K ate, s a id Midd leto n, whe n a wo ma n o uts id e Belfa s t City Ha ll a sk e d h e r w ha t na me sh e pr efe r r ed Th e Ka te" ve r s us "C ath er i n e d e b a t e h a s e m e r g e d i n r e c e n t w e e k s b e c a u s e o f Willia m's s witch in us in g it a n d b e ca us e Ca the r ine or th e initia l C'' is be ing imp rin ted o n of f i ci al l y sa nct i o ned w ed di n g m emo r ab ilia an d c omm emo r ativ e c h ina "I thin k tha t C ath er ine do es h a ve a mor e h isto r i c fe e l to it; th er e ha v e b ee n s e ve r al q ue e n c o n so rt s ca l l e d C a t h e ri n e i n Bri t i sh h i st ory sai d C harl e s K idd e dito r o f the blu e-b loo d bi b l e D e br et t s P ee rag e. So Que en Cat he rin e d oes sound q uite fam i lia r I t h a s a his to ric r in g to it." H e s a i d K a t e a l s o s o u n d s p le a s a n t b u t r e min d s h im o f the f e i s t y c h a r a c t e r i n K i ss M e Kat e ," a C ol e Po rt er mu si cal t ha t f ea t u res W i l l i a m S ha ke s pea re's play The T ami ng of th e S hr e w." I i ma g in e s he ll b e k n ow n a s C ath er in e bu t the ta blo ids a n d ma jor ity of th e pr es s w i ll co ntin ue to c all h er Ka te s o in the g ene ra l se nse s he'll be kno wn a s Ka te," he s aid Ac c or d ing to the o ffic ia l r o ya l we d ding w eb site wh ich h as a lr e a d y r e c e iv e d m or e th a n tw o m i llio n v isits sin c e it s ta rte d u p la s t w ee k, Midd le t o n d oe s n ot p r e f e r o n e n a me o v e r th e o th e r It say s M i ddl e t on u sed t h e n a m e C a t h e r i n e w h e n s h e w a s g r ow ing up with h er fa mily b ut t en ds t o use t he m o re ca sua l Ka te" in h e r p r ofe s sio na l life. "M i ss Mi d dl et on uses bo th n a m e s e q u a l ly a n d s h e h a s n e v er expressed a pref e rence f or e ithe r Ca the r ine o r Ka te s in ce h er enga gement," the we bsit e s t a t e s Most o f t h e p opula r Br it is h p r es s still ca ll he r Ka te," a n d h e a dl in e wr it er s a r e n ot e x pe c te d t o c ha ng e Kate vs Catherine the Royal name dilemma By CARA BRENNEN-BETHEL Tribune Features Editor T h e N a s s a u C i t y O p e r a C o m p a n y g a v e a s n e a k p r e v i e w o f w h a t c a n b e e x p e c t e d w h e n t h e y p r e s e n t the ir versi on of the l ege nd ary G e r s h w i n o p e r a P o r g y a n d B e s s i n J u l y a t a s p e c i a l c o c k t a i l l a u n c h a t t h e N a s s a u A r t G a l l e r y last week. A tt e nd e e s w e re tr e a te d t o a sp e c i al w in e an d c hee s e r ec ep ti o n, b ef o r e he a r i ng a br i e f sy n o p si s o f t he o p e ra s p l o t b y N C O a r t i s t i c d i r e c t o r D r C l e v el a n d W il l i a ms a n d s e v e ra l s e le c tions from cast members. "With this evening's performance o f P o r g y a n d B e s s o u r v i s i o n i s accompanied w it h a bur ning desir e to e xpe r i enc e th e on-goi ng dev elop ment of Na s sau Ci t y Ope r a a s a s e lfs u s t a i n i n g d y n a m i c h i g h q u a l i t y r e g i o n a l r e s i d e n t o p er a co m p a n y d ee pl y in vo lv ed in t h e en r ich me nt and the quality of life of the youth an d c o mmu nit y of Na ssau b y prov id ing and ensuring perfor ma nce ex ce ll e n c e i n o p e r a D r W i l l i a m s explained. Porgy and Bess will be the second f ul l l e ng th pe rf or ma n c e b y t h e g ro up s in c e t h e y p r e se n t e d t h e w e l l r e c e i v e d Treemonisha by Scott Joplin during 2 0 0 9 a s p a r t o f t h e o f f i c i a l 3 6 t h Bahamian Independence Day Cele brations and Dr Williams promised t h a t a t t e n d e e s w i l l n o t b e d i s a p p o i nt e d H e e x p la i n e d t h a t Po r g y a n d B e s s is usua lly pe rformed to sold out crowds around the world due to its overwhelming popularity. The Bahamian version, he vowed will be a first class performance that w i ll i nt rig u e a ud ie n c es Th e c om p an y w il l re ce i ve m usi c al a ssi stan c e fro m a gr o u p o f t al en t ed s t r in g m u s i cia n s from Canada who will come to Nas s a u a n d c o m p l e t e t h e B a h a m i a n orchestra for the opera. Dr W illi ams is a ppea ling to c orporate B aha mas and fell ow B aha mians to become "Friends of Nassau City Opera" and lend their financial and m o r a l s u p p o r t ; w h i c h w i l l g r e a t l y assist the company's artistic growth and c on tinued perfo rmances in the Bahamian community. Por gy and B es s tells the st ory of Porgy, a disabl ed blac k begg ar l iving i n t h e s l u m s o f C h ar l es t o n S o u t h C a rol i na I t de a l s w it h hi s a tt e mp ts t o r e s c u e B e s s f r o m t h e c l u t c h e s o f C r ow n, he r vi ol e nt an d po s s es s iv e l o ve r a n d S p o r t i n L i f e t h e d r u g deale r and deals with themes of love a n d a b u s e. I t i s b a s e d o n D u b o s e Hayward's novel Porgy. It was first performed in 1935, but received its acceptance as a legitimate opera in 1976 when it was presented by The Houston Grand Opera. I t s m o r e f a mi l i a r s o n g s i n cl u d e S u m m e r t i m e I t Ain't Ne ce s sarily So B e s s Y o u i s M y W o m a n N o w I Loves You Porgy and Oh I Can't Sit Down. T H E C A ST W IL L I NC L U DE : PORGYCleveand Williams/ Antoine Wallace B ESS C a nd ic e Bost wick and understudy Fabienne BrownS EREN A Nikiti a Thompson/ An ne t te Dorsett CL AR A Po r ti a B a rn e tt /L i za F r i tz Ch a rl e s C R O W N K e r m i t S t r a c h a n / D a r r e l l Hurston IN A Au g 2 2 0 1 0 fi l e ph o t o, Ch a rl i e S h e e n wa v e s a s h e a rr iv e s a t t he Pi tk i n C ou n ty Co u rt ho u s e i n A s pe n C ol o fo r a h e a ri n g i n h i s d o me s tic abuse case. Warner Bros. Television says it has fired actor Char l i e S h e e n f r o m t h e h i t s i t c o m T w o a n d a H a l f M e n T h e s t u d i o t h a t p r o duces the CBS series said the decision was made after "careful con sideration." (AP) NCO launches Porgy and Bess BES PERFORMANCE: Members of the cast of Porgy and Bess perform at the official launch of the opera held at the National Art Gallery last week. Amoung their selections was one of the opera's most famous songs Summer time.

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ARTS THE TRIBUNE WEDNESDA Y MARCH 9, 201 1, P AGE 1 1B Y a He ar K any e We st rec en t v ideo for All of the Lights" was banned from Youtube? Appar ently the controversial video has been removed fr om Yo utu be as i t is belie ved tha t its cont ent p ose s d an ge r for pe rso ns wi th e pi le psy The vi de o was removed after Epilepsy Action expressed its concern that it may be harmful to some people with photosensitive epilepsy. Ya H ear Ne ll y & K el ly yo u k no w t he t wo singers who had that big hit "Dilemma" back in the da y. They are out wi th the ir span king new hit G o ne it s a s e qu e l t o t h e 2 0 0 1 sm a sh h i t" D il e m ma." You guys should check it out, it's great. By the way, th ey ar e not a cou ple but t hey would make a beautiful couple, keep it up guys! Ya Hear Will Smith's little girl Willow Smith appeared on Oprah the other day broadcasting a n d p er fo rm in g he r n ew so n g 2 1 st C e n tu ry G i rl I am a big fan of the Smiths but I really think lit tl e Will ow s ho uld be in sch oo l, s he i s way t oo youn g f or all of t his expos ur e. Fans ar e s ayin g the single is not as big as her last song "Whip My Hair," but it has a ring to it. It is more generated to the younge r c r ow d l ike hers e lf, I'm not mad at you Willow, do your thing girl! Ya Hea r Ch r is Br own i s on the we b in the nude ? It's b a d e n o u g h t h a t he i s a l w a y s c atc h ing fi re for some o f h is t we ets on Twi tter, a nd now he is the centre of a naked p h o t o s c a n d a l A f u l l frontal nude photo of t h e s t a r e m e r g e d o n l i n e o n F r i d a y night. T a k i n g i t t o T w i t t e r c o m Brown tweeted: Anothe r day !! A n o t h e r l e s s on A no t he r pa rty!! I'm so t h a n k f u l t o h a v e t h e s u p p o r t o f my fans with my music!" "Pretty pretty please, don't you ever ever feel Like you're less than, less than perfect Pretty pretty please, if you ever ever feel like you're nothing, you are perfect to me!" From Pink's Perfect By LESH In Y a Ear Idol Recap BASED on the viewers votes, the top 10 were revealed to Ameri ca last week. The two long hours consisted of 14 contestants being cut from the show, but three were saved as they competed for the judges wild card spots. Ashton, Stefano and Naima sang their hearts out as they competed for the wild card picks. Although nervous, Ashton came out with all her confidence and sang the famous Dream Girls song, "And I Am Telling You." She really wanted to convince the judges that she was not leaving that stage without a yes. Ashton is a favourite of mine, I was very shocked when she was not picked for the top 10 from the start, I am sure others were just as surprised also. Ashton fought herself into the top 13 with the song she had chosen, go Ash ton! Stefano also had a point to prove when he was not initially chosen for one of the top 10 spots, he came out in the wild card picks and sang "I Need You Now," for the judges, a very inspiring song. I am happy that he got his second chance to be in the top. A fan favorite, Naima sang "For all we know," for the wild card judges, and you can tell she wanted to be there by the tears that rolled from her eyes as she sang her heart out performing that song, she really wanted it and she got her second chance. In the midst of it all, Jennifer Lopez premiered her new video for her single On The Floor," which was very entertaining. J lo "still got it," at her age. This week, AI fans can be on the look out for a few celebrities to make appearances on the results show after the top 13 take to the stage. Rumor has it that former idol, Adam Lambert will be performing on the show this week. Also, performances by Diddy Dirty Money and David Cook. The Elimination RESULTS AI 2011 TOP 10 SCOTTY MCCREERY JACOB LUSK CASEY ABRAMS PAUL MCDONALD JAMES DURBIN PIA TOSCANO LAUREN ALAINA KAREN RODRIGUEZ THIA MEGIA HALEY REINHART AI WILD CARD JUDGES PICKS ASHTHON JONES STEFANO LANGONE NAIMA ADEDAPO By FARAH I guess Kim Kardashian is tired of doing nothing! The reality TV star stepped into another facet of the entertainment industryshe released her debut single Jam ( Turn It Up ). Y A HEAR Gossip Cor ner LINE OF THE DAY The up b ea t d an ce tra ck w as p ro d uc ed an d writ ten b y sin ge r a n d so ng write r Th e Dre am A n d wh ile th e s on g is an e pi c fa ilu re sa les fr om it will g o to wa rd s a lo ng -st an di ng ch arit y He r g oo d fr ien d Cia ra en co u ra ge d h er to h ar ne ss h e r mu sic al sk ills. Bu t I g u ess mise ry l o v e s co mp a n y si n c e Ci a r a i s n 't d o i n g th a t we ll with he r m us ic ei the r. Ho wev er we ca n't e sc ap e th e fa ct th a t it is a g o od ge stu re b y K im K, b u t may b e a sh e shoul d hav e t aken another r oute if g ivi ng back to ch arities was so meth i n g tha t sh e held c l o se to her hea rt ( but l ike t hey say di ff er ent st roke s fo r d iffe re nt f olk s) Wh ile Ja m" is n o t th e wor st d e bu t s ing le from a reali ty st ar, Kim cou l d hav e given a l it tle mo re eff or t. Ma yb e if Kim d id n't s ou n d s o b o rin g an d lifel ess it wo u ld ha ve a t le ast m ad e u p for th e ch e es y ly rics "I' mma bu rn it ou t ton i ght, it' s go in do wn by live via sat ellite a nd all I see is an gels in m y eye s an d the bu zz got me way up in th e sky. May bach i n the fron t (the fron t ), pi ck ou t an y boy tha t I want (I wan t) D J h ere I am fee li ng g ood feel in g great, j us t go t p a i d The so n g h a d th e po te n tial to b e a fu n hi t, b u t if s h e d id n 't s in g i t lik e s h e wa s t h irs ty she w oul dn' t be get t i ng s o many ne gat iv e com m en ts fr om liste n ers Kim sh o wed ju st h o w h ar d it was t o b e r ec or din g art ist. "I'm h uman I've nev er sa ng befo re! This i s d ef inite ly so me th ing I d o n't do so fo r me to step o ut side of my comfort zone and do t h i s wo rld pre miere it o n KIIS F M with Ellen an d Ry a n S ea cre st, th is is a re a lly b ig d ea l!" sh e e x p l a i n e d I m us t gi v e her c re di t f or t ak in g s uc h a b ra ve l eap l ea vi ng her s el f ope n to cr i t i ci sm by ot her s. B ut he y w e can t ki l l h er f or t r yi ng A nd bes i de h o w wo u ld sh e h a v e k n o wn th at s h e h a s n o re a l fu tu re a s a rec or din g a rtis t if sh e d i d n't try. No w tha t she g otten th at o ut o f th e wa y sh e c an try so me thin g ne w. Kim K h as co mm itte d t o the so n g a s s he is g ea rin g up f or th e pr em iere o f th e v id eo th is S un d ay An d ju st a su gg est ion s ma yb e h e r s t e p d a d B r u c e c a n d o th e re m i x to J a m K i m K a r d a s h i a n i s k n o w n m o s t in fa mo us ly fo r a se x tap e wit h R&B jour neyman and r eal it y s tar vet R ay J. Her fami ly' s reali ty show Keepi n g Up W i th The Karda shians i s on e o f cab le n et wor k E!' s mo st p o pu la r sh ow s. I' m h um a n, I 'v e never sa n g b e f o r e! Th i s i s d ef in i tel y so m eth i ng I do n t d o so f o r me t o st ep ou tsid e o f my co mf o r t zo n e a nd d o th i s wo r ld p r e m i e r e i t o n K IIS FM wi th El l en a n d R y a n S e a c r est th i s i s a r ea l ly b ig d ea l MOMENT 4 LIFE Nicki Minaj Featuring Drake F ALL FOR YOUR TYPE Jamie Foxx Featuring Drake 6 FOOT 7 FOOT Lil Wayne Featuring Cory Gunz LOVE F ACES Trey Songz LOOK A T ME NOW Chris Brown Featuring Lil Wayne & Busta Rhymes PRETTY GIRL ROCK Keri Hilson NO BS Chris Brown ALL OF THE LIGHTS Kanye West YOU BE KILLIN EM Fabolous CAN'T BE FRIENDS Trey Songz T op R&b/Hip Hop Songs

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NCO launches Porgy and Bess See page 10 W E D N E S D A Y M A R C H 9 2 0 1 1 In Y a Ear: Kim Kardashian premieres Jam See page 11 A T M AHO GAN Y H ou se s im p li c i t y i s so m et h i n g t h ey t ak e v ery se ri o usly S p u r n in g t h e c u s to m a ry o c ea n view and elaborate dÂŽcor for a rustic setting among native trees, this n e w r e sta u ra n t h as g o n e b ac k to basics to redefine what it means to eat well in Nassau. E ve r ything from t h e f o od, t o t he w i n e t o t he pr o p er t y i t s el f i s t r u e t o the i deal t hat an aut h e n t i c fi ne dining experience doesn't need to be ad orned wit h pretenti ou s bel ls and w hi st l es or obs ce ne pr i ce s f or t hat matter. N o r m u s t a g r e a t r e s t a u r a n t exude an air of inaccessibility. "I 've been in r est aurant s w here I feel un comfortable, sai d manag er Chris Farnum. "I don't like to feel that. T h e i d e a h e r e w a s t o c r e a t e s o me t hi n g si mp le : g o o d fo o d f o r good v alue, a place w here you' d be able to get a cocktail, to get a glass of w i ne a pla ce a nyon e coul d c om e to, a second home for people." But simplicity isn't easy. W he n yo u s t r i p ev e r y t h i ng d ow n to the basics, they better be great. Taking food and making it simple and great is harder," Chris said. It 's even m ore di f fi cu lt wh en you a re a i m i ng t o ke e p a l l en t r ee s un de r $ 45 m os t o f th em we ll u n d er a nd a s t o c k o f 40 0 ex c e l l e nt w i ne s at very reasonable prices. Ye t i n just three mon t h s, C h ri s and his team have more than ful f il led t heir a mbit ions a fact whi ch t he per p et ua l l y p ac ke d di ni n g r oo m bears witness to. T he ke y t o pul l i ng i t o ff i s s t ay i ng close to the earth. Self Sustaining Mahoga ny Hou se g row s a s m any of it s own ingredient s as p oss ible. Working i n c on j uncti on wi th local produce com p any L ucayan T ropic a l t h e y h a v e e s t a b l i s h e d 2 0 0 0 s qu a r e f e e t o f r ai s e d ve g et a b l e be ds a s w ell a s a p ic tu re sq u e te r ra ce d herb gar den where basil cori ander and t omati ll os grow. C hri s pl ans to m a k e t h i s t h e s e t t i n g o f w i n e t a s t i n g s and pi g r oasts i n t he f uture. T he v a st m aj or i t y o f t he m e a t an d f is h se rve d at Mahoga ny Hous e ar e s u s t ai na b l e ; s o ur c e d f r o m f a r m s t h at us e ec o l ogic all y sound m ethods in an eff ort to have a s l it tl e impact on t he envi ronment as possi ble. Thi s concern w it h l eaving a li ght f o ot p r i n t i s a l s o e v i d e n t i n t h e d e s i g n of the bu i lding in its 1.5 a cre sett i n g A rc h ite c t Th o ma s S ch le ss e r o f D e s i g n B ur e a ux i n M an ha t t a n N e w Y ork worked w it h a l ocal ar chit ect o n t he pl a ns, w hi c h w er e m or e t han a year and a half i n the m aking. "T he l an d w a s sp ec i a l s o t h e i d ea w as t o make s o mething that ga ve p eop le a s en se of pl a ce, C hr i s s ai d "W h a t u s u al ly h ap p e n s is a b u lld o z e r c o m e s a l o n g a n d p u s h e s eve rything do w n b efore you start b ui l d i ng B u t he re w e on l y t o ok t he t rees down wher e t h e buil ding si ts. "It 's r eall y easy t o im p os e yours el f on a s pace and i t c an w or k, but t he i dea here was to do somet hing t hat fi ts, somet h i ng t hat belongs. I wan t p eo ple to c ome in an d f ee l t ha t t he y h a ve d i s c o v e r ed s o m e t h i n g W e w a nt e d t h a t h i s t o r i c a l t i e Much of the deta il ing i s w rought i n the lust rous red wood for w hich t he r estaurant i s named, and w hich i t s e l f h as a d e ep h i s t o r i c a l r e s on a nc e i n t he B ahamas. T h ou gh t he ef f e c t i s s i m pl e e ve r y d e ta il wa s c a re fu ll y c o n si de r ed ri gh t dow n to the seemi ngly casual d i stribu ti o n o f small h erb bush es, w h i c h w e r e a c t u a l l y p o s i t i o n e d st r at egi c al l y t o r el ea se burs t s o f f r agr an ce w he n b ru s hed by pa ss e rs by T he fi rst t h i ng the customer s s ee whe n they app roach the p rope rt y i s i t s o c ta g o n a l s h o p w h ic h s e l l s ma ny of t he i n gr edi e nt s u se d i n c r eati ng t he menu. I t s t o c k s a w i d e s e l e c t i o n o f g o u r m e t c o f f e e s a g e d a r t i s a n cheeses, oli ve oil s, and many of t he wi nes served in the dini n g room. Th e s h o p si ts a b o v e th e Eu r o pean-s tyl e, gravel -f l o or ed wi ne ce llar w hich doubles as a privat e dinin g r oo m se atin g 1 4 fo r a n e igh tcourse meal pai red wi th wi n e s. C hris has i mport ed hi s sel ecti on o f ch o i c e win es from Italy Sp ain and France. T h e be s t w i n e i s m a d e i n t h e b e s t en vi ronment. L ike great food, it 's t he i n gr edi e nt s t h at m ake t he d i sh he said. "T he b e st w ine i s organi c, u nfilter ed and p rod uc ed by littl e g r o we rs w h o p u t t h e ir h ea r t a n d soul i nt o maki ng t he be st w ine the y c a n Passion Chris h as a p assio n fo r e duc ating people about food and wine espe ci ally h i s st a f f o f 40, who are all 30 years old or younger. "A restaurant has to be a com p l e t e le a r n i n g e n v ir o n m e n t ," h e said, explaining that at Mahogany H o u s e e v e n t h e w a i t e r s g e t a ch ance to l e arn their w a y a rou nd the kitchen, so long as they display the p r o per level of en t h usi a sm and care. "I tell them they've got to make sure they are proud of every single dish they put out," Chris said. He l ea rne d t hi s app roa ch t o f ood through experience. Born in a tiny Iowa town of just 3,000, he started w or ki n g i n r es t au ra nt s w hen he w a s 18 to pay his way through college. I w as a b us boy, became a w aite r t h e n m o v e d t o C h i c a g o a n d worked for big restaurant compa ny," he explained. Chris o pened the very successf u l J a n e s r e s t a u r a n t i n t h e t r e n d y nei ghbo rhood of B uckt ow n, C hi cag o in 1 9 94 It b ec am e k n ow n as one of the best restaurants in the city. C hr i s w a s w or ki n g i n t h e i n dus t r y w h e n h e m e t M a h o g a n y H o u s e owne r, l o cal he dge fund man ager Mark Holowesko. He emphasised that the restau rant is Mark's brain child and that he played a vital role in the design and development of the project. H e de se r ve s all th e c re d it f or bringing it to life," Chris said. GRAND TOUR: Mahogany House manager Chris Farnum gives Tribune reporter Megan Reynolds a tour of the shop. DE LICIOUS: Che fs Da n Q u irk (a bov e le ft), 24 an d Kev in Getzwich (above right), 25 display their wares. Mahogany House's philosophy of keeping it simple and staying close to the ear th is delivering a unique dining experience. The T ribune SECTION B