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.

Subjects

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

Notes

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

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University of Florida
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University of Florida
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Full Text
THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 3



LOCAL NEWS



Voluntary Bil

of Indictment
presented in
robbery case

PROSECUTORS yester-
day presented a Voluntary
Bill of Indictment in the case
of three men accused of a
robbery at First Caribbean’s
Sandy Port location last July.

Garth Hall, Sean Light-
bourne and Theodore Ash
were arraigned before
Deputy Chief Magistrate
Carolita Bethel yesterday.

The men were charged
with two counts of armed
robbery, two counts of pos-
session of a firearm with the
intent to endanger life, one
count of damage, one count
of stealing and one count of
receiving.

It is alleged that the men
on Wednesday, July 28,
while armed with a handgun
and an AK 47 assault rifle,
robbed the First Caribbean
Bank branch of a total of
$30,317.

It is also alleged that the
two men were in possession
of firearms with intent to
endanger the lives of WPC
2040 Gardiner and PC 9 Bur-
rows.

Prosecutor Basil Cumber-
batch yesterday presented a
Voluntary Bill of Indictment
so that the case can be fast-
tracked to the Supreme
Court.

The men who are cur-
rently on remand are expect-
ed to be arraigned before
Senior Justice Jon Isaacs on
April 1.

North Andros MP
denies reports
alout Evans being
next PLP cantlidate

REPORTS that the PLP is
seeking to run BCPOU pres-
ident Bernard Evans as their
next candidate for the North
Andros constituency were
denied yesterday by the
area’s current MP.

Describing the reports as
“utter nonsense,” Vincent
Peet told The Tribune that
Mr Evan’s brother is one of
his “top generals” and that
the union leader’s relatives
are among his biggest sup-
porters.

“It can’t happen. People
just enjoy mischief making —
that’s all that is,” he said.

As he is one of party leader
Perry Christie’s strongest sup-
porters, Mr Peet said, there
may be some in the party
who want to “pick” him off —
but these efforts will ulti-
mately fail as his support in
North Andros is “stronger
than ever.”

“Even if (Prime Minister
Hubert) Ingraham went in
there, I would beat him,” the
MP said.

His comments came after
sources in the PLP suggest-
ed that there was a plan afoot
within the party to remove
Mr Peet and replace him with
Mr Evans in the run-up the
2012 general election.

This move, one of them
said, could spark an “all out
war” in the party.

“Obviously Mr Evans is
very vocal in the BCPOU,
but that is the BCPOU. This
is the PLP; this is politics.
This is us dealing with the
lives of the Bahamian people
and obviously this contradicts
everything that we are about
in the PLP,” he said.

Another source said cer-
tain senior party officials are
“continuing to meddle and
move people into places
where they think they can just
walk into the party and go
into an area having done no
work. These people have no
connection with the residents
there, and in my opinion they
are ‘minority candidates’. It’s
as if they are deliberately
seeking to make the PLP an
Opposition party once again.”

Repeated attempts to reach
Mr Evans for comment on
the matter were unsuccessful

up until press time last night. |





Vehicles erupt into flames in fatal
crash on Grand Bahama Highway



Vandyke Hepburn/Photo

HORRIBLE CRASH: Pictured are the remains of the Jeep Cherokee involved in the fatal crash that claimed the life of two people. One of the victims, Maure Noel (inset), was

badly burned in the crash.

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Two per-
sons were killed and a third
was seriously injured when
two vehicles collided and
erupted into flames on the
Grand Bahama Highway on
Wednesday night.

The badly burned bodies of
a Haitian man and Bahami-
an woman were discovered in
one of the vehicles, a Chero-
kee Jeep.

Their deaths have been
classified as the first and sec-
ond traffic fatalities on Grand
Bahama for 2011.

Although police have not
yet released the identities of
the deceased, The Tribune has
learned that the victims are

Maure Noel, 28, of No 26C
Nansen Avenue, and Jacinta
Colebrooke of No 2 Colum-
bus Drive.

The male driver, who was
injured in the second vehicle,
a Ford Expedition SUV, is
detained at the Rand Memo-
rial Hospital. His identity and
condition were not known up
to press time yesterday.

Police liaison officer Asst
Supt Loretta Mackey report-
ed that police received a
report around 10.15pm on
Wednesday that two cars,
which had been involved in
an accident, were on fire.

Upon arrival at the scene
near Gold Rock Construc-
tion, firefighters and police
found a Ford Expedition and
a Cherokee Jeep engulfed in
flames.

The driver of the Ford was
taken to hospital by ambu-
lance while the remains of Mr
Noel and Ms Colebrooke
were removed from their Jeep
and taken to the morgue.

Arsene Dieugste said he
received the news of his
brother’s death from police
yesterday morning.

“T feel very, very bad when
police called me and tell my
brother died in car accident,”
he said.

Mr Dieugste said his broth-
er, who was the father of a
young child, has been in the
Bahamas for 13 years and was
employed part-time.

Ms Colebrooke was the
mother of two teenage daugh-
ters.

When The Tribune visited
the Colebrooke residence on

Witnesses ‘admit they could offer no
evidence’ in Bishop Fraser's trial





WITNESSES called to testify in Bishop
Earl Randolph Fraser’s trial yesterday admit-
ted that they could offer no evidence relating
to the unlawful sex claims against him.

A pastor at Pilgrim Baptist Temple on St
James Road, Bishop Fraser has pleaded not
guilty to having sex with a 16-year-old girl
between July 2005 and February 2006.

Four witnesses were recalled yesterday for
cross-examination by lead prosecutor
Franklyn Williams.

Witnesses Carmel Penn, Ruth Edgecombe,
Leroy Major and John Forbes, who is Bishop
Fraser’s brother, all said that they could offer
no evidence concerning the charges.

Also taking the witness stand was Sabrina
Woodside, a deaconess and chief protocol
officer at Pilgrim Baptist Temple. She recalled
that while attending the worship service on

Palm Sunday in 2006 she heard a commotion.

“T figured it was a scene of a play,” she
said.

She told the court that a woman and a man
stormed into the church and proceeded to the
altar.

Mrs Woodside said the woman pointed
towards Bishop Fraser shouting, “See him
there.” She told the court that Bishop Fraser
got up and walked to his office.

Kenneth Brice was also called to the witness
stand yesterday.

He admitted that he could offer no evi-
dence clarifying why semen was found on the
carpet in the Bishop’s office.

The trial resumes before Deputy Chief
Magistrate Carolita Bethell today.

Bishop Fraser remains on $10,000 bail. He
is represented by attorney Wayne Munroe.



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Columbus Drive yesterday,
two policewomen from the
Police Victim’s Care Unit
were counselling the two
daughters.

ASP Mackey said investi-
gations are continuing into
the incident.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





PAGE 4, FRIDAY, JANUARY 14, 2011

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

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

Tucson rampage casts light on toxic tone

WASHINGTON — Politicians of all
stripes are bound to be haunted by Rep.
Gabrielle Giffords' warning, 10 months
before she was shot, to cool the rhetoric.

It's been a year or more of raw politics,
with anger spilling over on both sides and
gun-related metaphors coming loosely from
the lips of some candidates and activists.
Giffords, a figurative target of the right, on
Saturday became the actual target of a gun-
man who shot her through the head and
killed at least five others. She was critically
wounded.

The gunman's motive is not known.

But in Pima County, Ariz., Sheriff
Clarence Dupnik suggested "all this vitri-
ol" in recent political discourse might be
connected to Saturday's shootings. "This
may be free speech," he told reporters, "but
it's not without consequences."

Whatever the motive, the toxic tone of
the national debate is certain to draw greater
scrutiny.

"We do know that politics has become
too personal, too nasty and perhaps too dan-
gerous,” said Jonathan Cowan, president of
the centrist Democratic group Third Way.
"Perhaps out of this senseless act some sense
can return to our public discourse."

In the aftermath of the rampage, the
House's newly installed Republican leaders
postponed Wednesday's scheduled vote to
repeal the new health care law, the issue at
the centre of the harshest criticisms of Gif-
fords and many other Democrats for the
past two years. Lawmakers from both parties
were deeply shaken.

Many lawmakers, especially Democrats,
felt the 2009-2010 debate over health care
sometimes got out of hand. It began with
emotional town hall meetings in the sum-
mer of 2009, when some critics warned of
government "death panels."

Giffords, 40, was among lawmakers who
reported 42 threats or acts or vandalism in
the first three months of 2010, a big increase
over the previous year, law enforcement
officers said. Nearly all the threats dealt with
the massive health care bill that Giffords
and other Democrats enacted over fierce
Republican opposition.

In March, someone kicked in or shot out
a glass door and side window at Giffords'
office in Tucson, a few hours after the House
passed the health care measure with her
help.

Giffords also was among about 20

Come bea

Democrats opposed in last fall's elections
by Sarah Palin, the 2008 GOP vice presi-
dential nominee. Palin's Facebook page in
March posted a U.S. map with the cross-
hairs of a gun scope imposed over each of
the 20 Democrats’ districts. Gun imagery
appeared in various ways in the campaign,
often not connected at all with gun rights.

"We're on Sarah Palin's targeted list,"
Giffords said at the time. "The way that she
has it depicted has the crosshairs of a gun
sight over our district. When people do that,
they've got to realize there are consequences
to that action.”

Palin's Facebook page had the following
comment in the hours after the shooting:

"My sincere condolences are offered to
the family of Rep. Gabrielle Giffords and the
other victims of today's tragic shooting in
Arizona."

Ferocious comments, and even occasion-
al violence, certainly animate American pol-
itics from time to time; witness the bloody
drive for racial equality and desegregation,
and the anti-war protests, of the 20th centu-
ry. The question now, and again, is how
much is too much, and how hot is too hot, in
political discourse.

"Anger and hate fuel reactions," said
Democratic Rep. Raul Grijalva, whose Ari-
zona district also includes parts of Tucson.
He said he was not assessing blame, and
Saturday's shootings might be the work of "a
single nut."

But he said the nation must assess the
fallout of "an atmosphere where the political
discourse is about hate, anger and bitter-
ness."

The Jewish Council for Public Affairs
said in a statement: "While we do not know
the motives for today's attack, we do know
that it cannot be viewed apart from the cli-
mate of violence and the degradation of civ-
il society that are anathema to democracy."

The suspected shooter, Jared Loughner,
complained about the government in online
diatribes that also spoke in scattered ways of
currency, terrorism and "mind control.” But
what might have driven him to violence has
not been established.

"We don't yet know what provoked this
unspeakable act," President Barack Obama
said from the White House. "We are going
to get to the bottom of this.”

(This article was written by Charles
Babington of the Associated Press).



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A lot of
noise on
BTC issue

EDITOR, The Tribune.

There is a lot of noise com-
ing out of many mouths on
the BTC issue, and many of
those barrels have lost their
credibility to speak on the
issue, because they are only
reacting.

The politicians who were
trying to do worse than what
the government is doing now,
the union leadership who
have not held their members
responsible for the way that
they discharge their duties to
a paying public, and all of this
being carried out under the
cloak of “Bahamianisation.”

You cannot Bahamianise
what you already own, and if
you want to privatise a busi-
ness you cannot use the gov-
ernment as a surety of any
sort.

As an aside, I listen to the
story of the local air charters
who have to struggle with the
increases that Bahamasair
does not have to deal with
and we begin to see how cost-
ly it is to be in “private busi-
ness”, and these companies
have to compete with
Bahamasair, a company that
has direct access to the public
treasury.

Some may be wondering
why the BTC squabble is not
getting the public’s support?
The public understands more
than the people making noise
that this culture has not

LETTERS

letters@tribunemedia .net



matured enough to make
decisions that are fair to all
and sundry, and we have sort
of jumped the gun on the
wanting to privatize anything
in this country because there
is a glaring absence of effec-
tive Conflict of Interest and
Anti-Trust Legislation to pro-
tect those who would enter
business arrangements. The
fact that lawyers and politi-
cians seldom go to jail is evi-
dence of this.

Bahamians would prefer
Bahamians to possess and
own the instruments that gen-
erate wealth for Bahamians,
but we are caught between a
rock and a hard place as we
try to sort out what is needed.
Darron Cash is right but only
in the sense that sometimes
you have to take your mes-
sage beyond the point that
you want to make if you want
to make a point, but we have
to realise that effective pri-
vatisation requires an atmos-
phere that is alien to this very
young socio-political culture.
We are still looking out for
our mothers, sisters, uncles,
nephew’s child and this thing
about “who you know” is still
causing pain for many.

However, a move has to be
made. The news from the
north, tells us of the struggle
Verizon had to get into a mar-
ket that ATT had a strangle-
hold on for many years, and
the amount of rejoicing that
happened when _ the
announcement was made that
Verizon had brought com-
petitiveness, resounded all
over the US and to think that
this struggle took place in an
environment that has a cul-
ture of privatisation gives us
an indication that it is going to
take more than talk, and stir-
ring up the public’s emotions
about “our things.”

What remains to be seen is
that those who are speaking
for Bahamians really have
their interest at heart and that
this exercise will not result on
a run on the Public Treasury
or the funds at NIB. The real-
ity is this.

If privatisation happens and
the money does not come
from private entities in com-
bination with the government,
most of it will have to come
from the two aforementioned
sources.

The absurd possibility of
the Bahamian public having
to pay this “bill” should not
be seen as far fetched.

EDWARD
HUTCHESON
Nassau,

January 12, 2011.

Why would Bahamians of any stripe
or visitors not prefer better service?

EDITOR, The Tribune.

In their advertisement for a
meeting at R M Bailey Park the
unions said that their agenda
was to educate Bahamians on
the real issues as hereunder: I
do not know who drafted this
notice but it seems that they
are blind or are deaf.

“1) National development
through liberalization and com-
petition.”

As far as I am aware, Cable
and Wireless is a well-known
telecommunications company
with partners throughout the
Caribbean and elsewhere. They
are in a better position than the
unions to develop The
Bahamas’ old telecommunica-
tions functions.

“Liberalization and compe-
tition” — my understanding is
that the BTC will be upgraded
first in order for it to better
compete with the newer opera-

tions because after an agreed
period competitors will be
allowed to enter the market.
BTC only makes money while
it is protected from other com-
panies.

“2) The privatization of BTC
in a manner that supports
national development.”

This is the same as No 1
above where C&W will set
about to upgrade BTC to world
standards and make it a viable
entity to compete with the new-
er emerging telecommunica-
tions companies.

“3) Bahamian ownership of
BTC through the purchase of
shares.”

This has been widely publi-
cized from the outset that
shares will be offered to the
public. Are these people blind
or deaf?

“4) The empowerment and
advancement of Bahamian
workers.”

DEATH
NOTICE

The management
and staff of
Spotless Cleaners Ltd.

regret to inform the

public of the passing of

Mr. Kenneth
H. Cowderoy

founder
of

Spotless Cleaners Ltd.



A general statement which
probably sounds good. Howev-
er, how can workers advance if
they do not learn?

C&W is in a better position
than the unions to train
Bahamians in the modern tech-
niques than the unions who are
accustomed to the old systems
now being employed.

Finally, the best thing about
C&W is that there will be low-
er charges to customers and
better management. Now, why
would Bahamians of any stripe
or visitors not prefer better ser-
vice?

Anyone who does not want
this for Bahamians must be
against the welfare of Bahami-
ans because we all want to save
money and obtain optimum
telecommunication services.

So the crux of the argument
is that Cable and Wireless
means better service for all at
lower costs with dividends for
our national coffers and oppor-
tunities for entrepreneurs. Why
would anyone not want this?

ADVOCATE FOR
Bahamas
Telecommunications
for Bahamas
Nassau,

January 12, 2011.

Medical Tourism
Catch-word

EDITOR, The Tribune.

A new catch-word of
Medical Tourism is being
said quite often but unless
the government pro-active-
ly initiates and includes the
Medical Tourism projects
so they receive the same
incentives as an hotel —
time-share— this will just
pass and yet again because
of red-tape, lack of vision
will have missed the
proverbial boat.

The Prime Minister as
Minister of Finance has to
include this sector where a
facility is developed to pro-
vide rental rooms and
medical services will
receive all the duty-free
incentives offered to the
Atlantis’s Baha Mar’s of
this world.

If we don’t then we will
have yet again missed the
ship.

ABRAHAM
MOSS

Nassau,

January 11, 2011.



THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 5



LOCAL NEWS



Teacher’s murder prompts call |
for national moment of silence

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Following the mur-
der of an educator this week in the cap-
ital, a Grand Bahama scholar is calling
on Cabinet and the Bahamas Christian
Council to collaborate in observing a
national moment of silence for murder
victims.

Leslie Minnis, principal of Alpha
Omega Christian Academy, said the
death of Uriah McPhee teacher Denise
Adderley should act as a spur for a dif-
ferent and more “sensible” response to
murders.

“T would like to ask all bishops and
pastors to retake every street of our
nation, especially on the island of New
Providence on a day to be determined
by the Bahamas Christian Council, in



MURDER VICTIM: Uriah McPhee teacher Denise Adderley.

the form of a signing and praying pro-

cession.

“T would also like to ask the Cabinet
under the leadership of the prime min-

ister to proclaim a two-hour work stop-
page on a day of their choosing so that
the citizens, residents, and visitors could

reflective respect for all of the Bahami-
ans who have been murdered across
our beautiful archipelago,” he said.

killed while in her car at the Texaco
Service Station at the corner of Wulff
and Kemp Road on Sunday evening.
She became the third homicide victim of
the year.

On Wednesday, taxi driver John
Manuel Adderley, 37, was arraigned,
charged with her murder.

“T have been following this homicidal
activity for quite a while when the
young lady was killed in Sea Breeze sit-
ting in her car.

“T felt there should have been a
national outcry to really put this trend in
regression, but it continues to escalate
and it appears as if we are getting some
euphoric response from counting the
numbers,” Mr Minnis said.

He added: “There has to be differ-
ent ways for persons to resolve their
differences other than killing one anoth-
er.”

Mr Minnis noted that the homicide
rates in our neighbours’ Jamaica and
Trinidad are out of control, with rates

observe 120 minutes of prayer and

Denise Adderley, 39, was shot and

sometimes in the thousands.

Government satisfied with its help
towards Haiti’s earthquake recovery

ONE year after a devastat-
ing earthquake struck Haiti,
Brent Symonette, Deputy
Prime and Minister of Foreign
Affairs and Immigration, says
he is satisfied with the Bahamas’
support to the recovery efforts.

On January 12, 2010, a pow-
erful earthquake struck Haiti,
killing more than 200,000 and
leaving more than one million
homeless.

The Bahamas joined with the
Caribbean Community (CARI-
COM) through the Caribbean
Disaster Emergency Manage-
ment Agency (CDEMA) and
assisted in the worldwide recov-
ery efforts.

“Tam satisfied that the
Bahamas and the Caribbean
have done as much as could be
done against the backdrop of
the recession and other issues.

It’s a vast problem, thousands
died and many properties were
destroyed. We need to continue
to keep them in our prayers,”
Mr Symonette said.

He said the Bahamas has
never experienced such devas-
tation, to the point where hun-
dreds of thousands of people
died.

Outcry

To the public outcry when
the government decided not to
repatriate apprehended
Haitians following the earth-
quake, Mr Symonette said that
it was “the humanitarian thing
to do.”

Millions of dollars were
pledged in relief aid and
rebuilding efforts, and the inter-

national community also wrote
off millions in debt Haiti owed.

However, recent elections
have posed a challenge to the
whole recovery and rebuilding
efforts.

“They unfortunately have
had one challenge after the oth-
er. We here in the Bahamas
have never had that to any great
extent,” Mr Symonette said.

He said many Haitians are
coming to the Bahamas to find
a better way of life.

“Tf there are jobs here, obvi-
ously Bahamian dollars can be
converted into the American
currency. It’s big money — they
are coming here to make a bet-
ter way of life for themselves
and their families,” he said.

The government appointed
Commodore Clifford Scavella
as Ambassador to Haiti, from



where he provides reports on
the progress of recovery efforts.
“Tt is very useful for us to
understand what is happening
and we look forward to contin-
ue fostering relations with
Haiti,” Mr Symonette said.

Cholera

An issue following the earth-
quake was the outbreak of
cholera, which has posed some
difficulty regarding the issuance
of visas to Haitians wanting to
travel to the Bahamas.

“The government is also
monitoring this situation. The
ambassador is doing an excel-
lent job,” Mr Symonette said.

He also credited the Royal
Bahamas Defence Force on the
role it plays in protecting the

country from either illegal
poachers, illegal migrants and
in some cases, those involved
in drugs and arms trafficking.

“We have seen a steady flow
of illegal migrants. I don’t think
the number of persons who
came right after the earthquake
could have been predicted.
There were possibly reasons for
that — the increased vigilance
on behalf of the Bahamas, the
United States and others to
make sure that vessels were
identified.

“There will constantly be a
stream of people. We have
looked at that,” Mr Symonette
said.

Meanwhile, the government
will continue with its repatria-
tion exercises to all countries
whose nationals land here ille-
gally, he said.



TEMPORARY ROAD
CLOSURE AT EAST
STREET, ROBINSON
ROAD JUNCTION

THE Ministry of Public
Works and Transport is advis-
ing the motoring public that a
temporary road closure and
traffic diversions will be car-
ried out on sections of East
Street to allow for the com-
pletion of drilling works start-
ing on Monday, January 17,
and continuing for approxi-
mately three days.

Motorists are asked to
observe the traffic manage-
ment signs in place and travel
with caution while the work is
being carried out.

Detours will be clearly
marked to allow for the safe-
ty for pedestrians and
motorists, the ministry said.

“The Ministry of Public
Works and Transport takes
this opportunity to thank the
public for their continued sup-
port and patience during the
construction period. We apol-
ogise for any inconvenience
that the closure may cause
and request that the public
use the alternate routes pro-
vided.”

ROAD DIVERSIONS:

¢ East Street South

Motorists travelling north-
bound should divert through
Zion Boulevard, use Antonio
Drive and Victoria Boulevard
as alternate routes and con-
tinue on East Street South to
their destination.

¢ Zion Boulevard

Motorists travelling east-
bound should use Antonio
Drive and Victoria Boulevard
as alternates.

¢ Bamboo Boulevard

Motorists travelling west-
bound should use Zion
Boulevard, Antonio Drive
and Victoria Boulevard as
alternates.

We
aS

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Butler’s Funeral Homes

& Crematorium

Telephone: 393-2822, York & Ernest Sts,
P.O, Box N-712, Nassau, Bahamas

CARRE
Iris Maud Knowles, 62

of 5th Street Coconut Grove,
will be held on Sunday
January 16th, 2011 at
11:00a.m. at Hillview
Seventh Day Adventist
Church, Tonique Darling
Highway. Officiating will be
Pastor Kent Price. Cremation
will follow.

Left to cherish her memories
are her husband: Anthony
Knowles; her four sons:
Osbourne Anthony Knowles,
Earlin William Knowles,
Andrew and Dion Knowles; one granddaughter: Aniska
Knowles, two grandsons: Ossie Knowles and Peadrick
Knowles; two step granddaughters: one sister: Remaila
Mary Minus Pinder; one brother: James Smith of Love
Hill, Andros; three stepsons: Trevor Ferguson, Christopher
and Jason Knowles; fourteen nieces: Shirley and Everline
of Orlando, Florida, Augustan, Rosalie, Iva Sharon, Lasha,
Police Reserve 553, Mary Ferguson, Florinda Pinder, Patsy
Colby, Tiffany, Anastasia, Michelle and Cardicia; six
nephews: Patrick, Leroy Pinder, Basil, Michael, Alexander
and John Sawyer; three daughters-in-law: Icelyn Knowles,
Claudna Knowles, Dina Lorraina Humes; six brothers-in-
law: Max, Oral, Cyril, James, Prince and Cleveland,
“Buster” Rolle of Miami, Florida; five sisters-in-law:
Merlene Miller, Ruby Whymns of Freeport, Willimae
Rahming, Inez Knowles and Velama Role of Miami Florida;
numerous cousins; other relatives and friends including:
Cheryl Kemp, Aramintha P. Knowles of Simms, Long
Island, Fiona, Natasha, Yvette, Jeffrey, Jermaine, Dion
Rahming, Sheila, Dan, Erskine Minus, Jacklyn Grey, the
Wallace, the Hart and, the Rolle families of Golden Gates
#2,

Friends may pay their last respects at Butlers’ Funeral
Homes & Crematorium, Ernest & York Streets on Friday,
January 14th from 11:00 a.m. to 4:00 p.m. and at the church
on Sunday from 10:00 a.m. until service time.

Jack Lambert Russell, 54

of #32 Bamboo Cay, Freeport,
Grand Bahama, will be held
on Saturday 15th January
2011 at 11:00 a.m. at St.
Christopher’s Anglican
Church, Lyford Cay.
Officiating will be
Archdeacon Keith N.
Cartwright. Cremation will
follow.

Left to cherish his memories

are his wife: Kim Russell;

one son: Daniel Russell; one
daughter: Laura Russell; two brothers: Donald “Donnie”
and Tony Russell; two sisters: Anna Higgs and Joan
Highley; mother-in-law: Muriel Knowles; two brothers-
in-law: Eugene Higgs and Ernie Highley; four sisters-in-
laws: Regina and Julie Russell, Donna Cartwright and Lisa
Knowles; five nieces: Elizabeth Davis, Erica, Deborah and
Donna Highley, and Valerie Russell; ten nephews: Don
and Jason Harris, Sean, Aaron, Christopher, Rodney,
Nicholas, Wayne and Scott Russell, and Neil Cartwright
and a host of other relatives and friends.

In Lieu of flowers donations can be sent to the Cancer
Society. Special thanks to the Doctors and Nurses at the
Rand Memorial Hospital, PM. Hospital and the Oncology
Center and especially Dr. Wesley Francis.

Friends may pay their last respects at Butler's Funeral
Homes & Crematorium, Ernest & York Streets on Friday,
January 14th from 11:00 a.m. to 4:00 p.m. and at the church
on Saturday from 10:00 a.m. until service time.



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PAGE 6, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



My wish list for the
Bahamas in 2011

By ADRIAN GIBSON
ajbahama@hotmail.com

WHILE 2010 was a roller
coaster year, featuring a myriad
of sleaze, an upsurge in violent
crimes, mediocre national exam
results and, in other instances,
nationally recognized accom-
plishments and highlights, 2011
provides the nation with yet
another blank slate in deter-
mining its future and proposes
to also be an eventful year of
high drama in the political are-
na as a general election draweth
nigh.

Last year, the country was
beleaguered by crime and an
influx of illegal immigrants and
saw an upsurge in the unem-
ployment rate. This new year,
Ive decided to state a few of
my wishes and desires for the
Bahamas moving forward.

Firstly, the Bahamas’ edu-
cational system desperately
needs to be revamped. The
government, parents and edu-
cators must all begin to think
outside of the box, particularly
since our current educational
set-up is producing hordes of
arithmetically-challenged, illit-
erate graduates who are soon
expected to manage our coun-
try’s affairs.

This New Year, we must
make a conscious, courteous,
curt effort to assist and encour-
age our student population in a
united thrust to strive to
increase the national GPA
froma D toa C. Frankly, Iam
not an advocate of standard-
ized tests. I firmly believe that
while some students may per-
form well academically, stan-
dardized tests cannot measure
the full range of the multiple
intelligences.

Standardized tests are also
criticized for tending to be out-
dated as a curriculum changes,
failing to assess an adequate
sample of skills and for failing
to meet the standards of their
own field, among several other
criticisms. The ministry must
align the curriculum with the
development needs of the coun-
try in order to imbue a strong
sense of self, speak to nation-

YOUNG MAN’S VIEW

Aa ID kk | A OIN

building, address the question
of self-reliance and entrepre-
neurship, teach the Constitu-
tion, etcetera.

Only the most scholarly of
students, in my opinion, should
be permitted to sit the
BGCSE/BJC exams. To truly
diversify and establish a more
comprehensive educational sys-
tem, the government and pri-
vate entities should also con-
struct technical and vocational
schools to teach the less book-
ish, academically-disinclined
students a trade/skill.

It is a misconception to
assume that every Bahamian is
studious enough to become a
doctor, lawyer, educator, or to
attend university. There will
always be a need for repairmen,
handymen, plumbers, masons
and so on. At grade nine, teach-
ers and administrators should
be able to gauge a student’s
abilities, and thereby separate
the more scholarly students
from those with technical and
vocational leanings.

Furthermore, consideration
should be given to establishing
a pilot programme, where male
and female students are edu-
cated at separate schools/class-
es. This possibly will revolu-
tionize education and lead to
greater productivity, as students
of both sexes would have fewer
distractions and spend less time
seeking to impress one another.

Moreover, classrooms must
be outfitted with cable tv/inter-
net to foster interactive learn-
ing!

One wish is that this new
year, a greater number of par-
ents positively become involved
in their children’s lives, whilst
also constructively reinforcing
the lessons learnt at school.

This year, with a newly
instated president, the evolu-
tion of the College of the
Bahamas (COB) to a universi-
ty must be at the vanguard in

i ie Se IN



advancing the national educa-
tion system. The transition of
the college to university will not
only foster academic and intel-
lectual leadership but also assist
the country with small island
sustainability issues and foster
economic diversification.
Indeed, a university is a “liv-
ing” system and grows in
response to, or alongside,
national development.

Will crime escalate to the
point that the US blacklists the
country as Jamaica has been
done?

Going forward, Bahamians
must strive for greater social
cohesion and partake in com-
munity drives to reduce violent
crimes. The past year was the
third consecutive record-break-
ing year for murders and rapes,
resulting in the Bahamas being
listed high atop the listing of
countries—per capita— where
rapes and heinous murders are
frequent. We must return to
being our brother’s keepers.

The government must for-
mally articulate its position on
capital punishment. There
appears to be a lack of political
will relative to the reading of
death warrants, which would
usher in the finalization of legal
appeals so that convicted mur-
derers can receive their court-
ordered, just desserts. After a
suspect is convicted of murder
and sentenced to death, the
Police Commissioner should
immediately be summoned to
read his death warrant, partic-
ularly if he has exhausted all
appeals. As it relates to capital
punishment, the law —as
entrenched in the Constitu-
tion—must be carried out.

Moreover, a witness protec-
tion programme must be estab-
lished to protect state witnesses
who are being bumped off
which, as a result, has left many
Bahamians afraid to testify
about crimes seen.

THE NATIONAL INSURANCE BOARD
RT met ee) ede)

Invite applicants for participation in the

bei Well

Qhamas

HEALTH & FITNESS
CHALLENGE

JANUARY = APRIL, 2011

GET WELL BAHAMAS is
8 one-of-a-kind opportunity for 40

persons to improve their health by

receiving FREE OF CHARGE:

* 12 weeks of health and wellness
coaching with focus on behavior
moditication and proper nutrition
12 weeks of personal fitness training
3x par week including a 3-month gyn

membership

Initial health screening and health risk

assessment

* Screening during the 3-month period.

Se
PRIZES:
Aller 3 prams he moet improved
participants will racsive
First Prize = A.onn-ynar gym
membership, $1000 warntrote certificate

enond Pring — A one-year gyn

mambarship, 5500.00 wantrona cortiticatn
and £500.00 grocery voucher

Third Prine — A one-year gym

mambearship, $550.00 wants certificate

and $250.00 grocery voucher

APPLICATION FORMS
Appicalion bore wil be available aaa
Wedneeday, acamber find, They may be

fownloaded from wwracnibarugnlan.com or

ELIGIBILITY REQUIREMENTS:

* Applicants must be Bahamian dlizens & reeidents af
New Providence beteean ihe ages of 18 & BD years
Applicants must hawe a body mass ince of moins
[han 30 and han one or more ol the following
hfestyies conditions: hypertereian, high cholesierd,
disbeles ar ischaeres haart deaaee
Applicants Must fa commited to complete the erie
12 weak programme and af of ils mquinemerts
Appicants must hawe er cam transportation and be
peer! all required meetings and anporienenis
Applicants must bs willing 19 appear in all publiciny
tor ie Get Well Bahamas Chalienge, including bet
not litebed bo television appearances and intereiewss,
photography, pant aad radia rnerviewes.

Applicants’ Mational Insurance payments atould be
Lips #0- diab

Employees ct The National Insurance Boar and
ie Schering and public rlalions agences are aol
fligibie io participa

er

ji GET PRELL 2AMAMAS 9 forectecd by the
hae? hnet?ty Faoek comsceas! of The Ania! Paeeceipcion Dray Pie.
=

collected trom fhe Heceplion Desk at MiB
headquariers, Sk Cliferd Daring Garnplex,
Ballou Hil Road, The Deug Plas fics ai Whull
Acad. Jem Health & Wellness, Boch tana
Fitness, & fom [he Counselors Lid. Marketing
Firm an 16 Tanace Cantnenile

APPLICATION SUBMISSION DEADLINE:
Al application toms and photos must be
fetumed to Tha 0 galore Lie Marketing
Fire, Firat Terrace Ganiravdle fry 5 p,m,
Monday, January 17, 2011. Floase address
sutmissions toc Get Well Bahames clo The
Counsellors Lid., Nassau, Bahamas

SELECTION PROCESS

Participants will be selected by Jemi Healih
& Waelnees and Body Zone Fitness. Perpcnal
Interiors will be conducted vith omnsnectve
Parsopanis before solectan of the final 30
partes. MIB yell not be reports for
Belection of any participants in the Get Well
Bahamas Health and Fitness Challenge



Much more must also be
done to combat human traf-
ficking.

Regardless of the noble fight
of drug enforcement officers,
is it ever possible for the
Bahamas, considering our geo-
graphic location, to be removed
from the majors list (top 20
countries) of illicit drug-pro-
ducing or drug-transit coun-
tries?

In the fight against crime
and other social ills, the
Bahamas Christian Council
must lead by example, focus-
ing more upon community out-
reach programmes in helping
to curb crime, assisting the
poor, socializing our people and
playing an active role in the
lives of citizens, instead of the
usual utterances, self-aggran-
dizing gambits and apparent
politically driven mandates.
(This does not apply to Rev CB
Moss, who is in the trenches
and doing a commendable job).

I continue to await any seri-
ous, long-term proposals for
sustainable tourism. Our
tourism product must be rein-
vigorated to highlight the dis-
tinction and indigenous nature
of this country's tourism prod-
uct when compared to any oth-
er country in the wider
Caribbean, targeting new mar-
kets and nurturing wider mar-
ket share and by incorporating
a focus on regional and Latin
American tourism.

Considering the spate of
violent crime and other social
issues, in 2011 more emphasis
must be placed on implement-
ing mental health programmes
and a plan to confront rampant
alcoholism and drug abuse.
Furthermore, I look forward to
the broadening of the health-
care coverage—particularly for
the elderly and indigent—of the
national prescription drug plan!

This year, when electioneer-
ing is sure to spring into in high
gear, I trust that both major
political parties would move
forward with the people’s agen-
da, scrupulously working
towards bettering the Bahamas
instead of squabbling over
semantics and other trivial,
rather foolish barbs.

Will there be an early elec-
tion called this year or will the
election go on as scheduled for
2012? In the 2008, both parties
should begin looking towards
the future and start preparing
the next generation’s leaders to
succeed the current head hon-
chos, as no party presently
seems to have any plans in
place to ensure a smooth tran-
sition from one leader to anoth-
er without there seeming to be
a leadership void.

Greater efforts must be
made to diversify the economy.
We must gradually begin shift-
ing from tourism to other indus-
tries or we will become a nation
of overly dependent, virtual
slaves.

The government must
encourage the local entrepre-
neurial spirit and foster eco-
nomic diversification through
a variation of different indus-
tries such as farming, fishing,
gaming, research and develop-
ment, manufacturing and so on.
I was pleased to see that the
Ministry of Agriculture and
Marine Resources recognition
of the urgent need to resurrect
agriculture and fisheries has, in
conjunction with FAO consul-
tants, led to the creation of the
first five-year development plan
for agriculture and fisheries. In
2011, it is expected that the ini-
tial phases of this plan will
materialize!

Indeed, this year it is hoped
that the rate of unemploy-
ment—which skyrocketed dur-
ing the economic recession—
and the country’s national debt
be reduced.

With a general election on
the horizon, it is my fervent
hope that the government
maintains its position relative
to the new straw market, ensur-
ing that the products sold at the
market should also be 100 per
cent Bahamian-made and the
market’s occupants are either
Bahamian or legally allowed to
work in this country. Moreover,
regardless of the political pres-
sure, the government must
maintain its position to no
longer subsidize vendors, but
instead require each purveyor
to pay a fair rent and a mainte-
nance fee.

The influx of illegal immi-
grants, particularly Haitians,
must be more vigorously tack-
led.

Since yesterday was the com-
memoration of the one year
anniversary of the tragic earth-
quake in Haiti, ’m anxious to
hear the government’s account
of what happened to those ille-
gal Haitian immigrants who
were released from the Deten-
tion Centre for a six month

SEE page seven





THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 7



LOCAL NEWS



House/building
numbering project |
is set to resume

THE Ministry of Public
Works is asking the pub-
lic’s cooperation as the
house/building numbering
exercise in New Provi-
dence resumes.

Public Works and
Transport Minister Neko
Grant is requesting that
property owners allow the
ministry’s staff to access
their property to install
assigned numbers to build-
ings.

“The objective of this
exercise is to take remedi-
al action based on recently
completed field surveys
that identified deficiencies
to numbering systems
where buildings had either
not yet been numbered or
were wrongly numbered in
the past,” he said during a
press conference on
Wednesday.

An official numbering
system has been imple-
mented north to south or
east to west with even
numbers on the right side
of the street and odd num-
bers on the left side of the
street, Mr Grant
explained.

“The employees
assigned to install the num-
bers on houses/buildings
will bear an identification
card clearly indicating that
they are part of the Min-
istry of Public Works and
Transport’s housing/build-
ing numbering team,” he
said.

Due care will be taken
not to damage an owner’s



“The objective of this exercise
is to take remedial action based
on recently completed field
surveys that identified deficiencies
to numbering systems where
buildings had either not yet been
numbered or were wrongly
numbered in the past.”



Public Works and Transport
Minister Neko Grant

property during the num- ing to Phase II, and the
ber installation process, Mr boundary for Phase II is
Grant stressed. bounded on the north by

NEW NATIONAL EMERGENCY
_ OPERATIONS CENTRE TO BE BUILT

By LLONELLA GILBERT

MINISTER of Public Works and Transport Neko Grant
signed a contract with the Ran Mar Precision Development
Company on Wednesday for the construction of the new
National Emergency Operations Centre.

The company was awarded the contract for the base sum
of $1,735,503, and it is expected that construction will span a
36-week period.

“The centre, to be built on Gladstone Road, will consist of
a single-storey building of approximately 6,981 square feet to
provide office accommodation for the National Emergency
Management Agency (NEMA) along with warehouse space,”
Minister Grant said.

“The building will also feature overnight emergency sleep-
ing quarters along with shower/bath and kitchen facilities to
facilitate the centre’s operation on a 24-hour basis by key
emergency management personnel,” he added.

Ran Mar was selected as a result of a tender exercise that
was conducted during the latter part of 2010.

“The construction of the National Emergency Operations
Centre will complement additional works to be executed at
strategic locations in other Family Islands to strengthen dis-
aster preparedness and response nationwide,” Mr Grant said.

A disaster relief warehouse will be constructed on Grand
Bahama to assist response efforts in the northern Bahamas
and one will be built in Inagua to assist disaster response
efforts in the southern Bahamas, Mr Grant said.

Also present at the signing were Captain Stephen Russell,
director of NEMA; permanent secretary in the Ministry of
Public Works Colin Higgs and project manager of Ran Mar
Terrence Dean. Captain Russell said the project has been on
the drawing board since 2003, and when he came into office
in 2008 the documents were already there, so his aim was just
to advance the project. He said NEMA’s regional partner, the
Caribbean Disaster Emergency Management Agency, would
be pleased to note that the Bahamas is strengthening its

In addition, the street
naming exercise will con-
tinue concurrently.

“The street naming and
house numbering that
were undertaken during
the six-month temporary
employment programme
(February to August 2010)
focused on streets and
buildings on the island of
New Providence in the
project area identified as
Phase I,” he said.

“The boundary for
Phase I extended west of
Fox Hill Road, south from
the sea to Prince Charles
Drive, then continuing
west to East Street, and
proceeding southwards to
the sea in the area of
South Beach.”

The government is mov-

Carmichael Road, Baillou
Road and East West High-
way, east by East Street
South, west by Coral Har-
bour Road and south to
the sea.

Twenty-three persons
will be offered temporary
employment to assist the
ministry’s staff in the
process of installing street
signs and numbering hous-
es/buildings, Mr Grant
said.

A public notice was
published during the latter
part of 2010 advising of the
government’s plans to con-
tinue these exercises under
Phase IT; additional notices
will be published as neces-
sary to keep the public
informed of the work’s
progress, he said.

PERFORMANCE,

Mellin,

Style.



capabilities through the construction of the operations centre.




Se EWEN Cea au

foreign sports fishermen who
enter under the guise of gam-
ing, but purportedly leave the
amnesty following the cata- country with coolers filled
strophic event. with an illegal catch; and there
This year, the implemen- must be more of a concerted
tation of more stringent effort to address the environ-
laws/regulations to manage mental impact of climate
the construction of future pro- change, particularly as the
jects along beachfronts is | Bahamas is one of the most
imperative. Furthermore, vulnerable countries in the
more work must be done to world.
protect coral reefs, mangroves Let’s face it, one way or
and wetlands; greater moni- the other, BTC must be sold!
toring must be undertaken Even more, corporations such
relative to developments on —_ as BEC, Water and Sewerage
private islands/cays, of cruise and Bahamasair should be
ships and the disposal of waste _ privatized and demonopolised
products in our territorial as well as they are (particu-
waters; attention must be paid larly the latter three) pecu-
to national parks and those niary albatrosses and a bur-

CRUSADE2011

I's A Tis CF Salvation, Hein, Deine
Ace Spirtinel Retiehing From The Lendl
THE ANNUAL NATIONAL EVANGELISTIC

PE a

BTRy Ta

FROM page six

ANOINTED SPEAKERS:
Bishop William

A. Lee, Jr.
Daytona Beach, Florida




den to taxpayers. It is time to
end all monopolies afforded
to local service providers to
encourage competition and

better services!







Will Cable Bahamas ever
fulfil its contract for cable
television/internet to the Fam-
ily Islands since many islands
do not yet have cable or only
has its services in certain
areas? When will Cable
Bahamas bring its services to
the residents of north Long

Island?











Lastly, when will the Fam-
ily Islands, which are in des-
perate need of economic
upliftment, be a greater pri-
ority on the government’s

agenda?

January

16th - 2 1st
1:30 p.m.
nightly
East Street
_ Tabernacle







Geoffrey Jones offers the fine line of General

Electric appliances designed to suit every

need with performance quality and style. Our

competitive prices and full service department,

make us your ultimate appliance centre.

imagination at work

www.geoffreyjonesandco.com | 322-2188/9



Bishop Leroy V. S.

Greenaway
Mid-Atlantic Region, USA
He Blessed Bey:
Soloists Sharon Chase,
Gerard Butler &
Janeene Rahmung
«National Crusade Praise Team
*National Crusade Choir
* Tabernacle Concert Chow
Crusade Go-Ordinatars Are: i.
Ministers Terrance Forbes, Darrel Ferguson ||
a Shawnetie Roye a
Bishop Dr. Elgarnet B, Rahming
National Overseer
For further information call (Fed

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PAGE 8, FRIDAY, JANUARY 14, 2011

THE TRIBUNE





FROM page one

Chinese Embassy yesterday
said officials had "no comment"
on the contents of the cables
but stressed that the
China/Bahamas relationship "is
based on equality, mutual
respect, mutual benefits and
win-win.”

"It is open, transparent, non-
exclusive and non-detrimental
to other countries’ interests.
Developing China-Bahamas

cooperative relationship is in
the fundamental interests of the
two countries and has brought
and will surely bring, substantial
benefits to both peoples,” said
the statement.

In a 2004 cable, former
Charge d’Affaires at US
Embassy Robert Witajewski
noted that Bahamian digni-
taries were "frequent flyers” to
China and claimed that gov-
ernment officials were
tightlipped over details of these
trips.

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LOCAL NEWS

US ‘concerns’ over
Bahamas-China ties

"(Then) Prime Minister Per-
ry Christie is scheduled to visit
Beijing and Shanghai from
August 14 - 21, 2004," wrote
Mr Witajewski, in the cable
“Prime Minister Christie's Chi-
na trip, the latest in a string of
visits.”

"The Bahamian Foreign
Ministry has been unwilling to
provide details about the dele-
gation's itinerary, schedule or
meetings, or the purpose of the
trip. The prime minister's trip
to China is the latest is a stream
of high-level Bahamian visitors
to China since the PLP's elec-
toral victory in May 2002,” the
cable continued.

Noting that at the time, polit-
ical and economic ties between
the Bahamas and China were
"modest" the embassy official
speculated that Bahamian offi-
cials were trying to capitalise
on its relationship with the Chi-
nese to “push for kinder WTO
accession terms, and to pick up
whatever spare trade and
investment projects a country
of over one billion people can
offer."

The official wrote that the
Chinese's presence in the
Bahamas may be "a strategic
move preparing for a post-Cas-
tro Caribbean."

Mr Witajewski said that
although the two countries are
"separated by two oceans and a
continental land mass," China is
one of four countries to have
an ambassador living in the
Bahamas.



US DEPUTY CHIEF OF MISSION
Timothy Zuniga-Brown

In July, 2010, a US official
said the country “welcomes”
the growth of Chinese interest
in making investments in the
Bahamas.

At the time, Dr Arturo
Valenzuela — assistant secretary
of state for Western Hemi-
sphere Affairs — said increas-
ing ties between China and the
Bahamas “will not impact” US-
Bahamas relations.

“We welcome the fact that
China is interested in the
Caribbean and is interested in
this particular area because I
think it benefits everybody,”
said Dr Valenzuela, who heads
the Bureau of Western Hemi-
sphere Affairs.

The cables are confidential
documents obtained by whis-
tle-blower website WikiLeaks.
They were published by the
British newspaper, The
Guardian.

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P.O.Box CB 11416
Nassau, Bahamas

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FROM page one

The document, written
by former chargé d'affaires
at the US Embassy Robert
Witajewski, noted that dur-
ing meetings with foreign
affairs officials Patricia
Rodgers, Marco Rolle and
CARICOM Ambassador
Leonard Archer the
Bahamians were "deliber-
ately ambiguous” about
official visits to China.

The cable added that
Bahamian officials hesitat-
ed to discuss the details of
their relationship with the
Chinese and had to be
pressed on reasons for an
upcoming “whirlwind tour
of Asia".

"At a meeting with Mrs
Patricia Rogers, the chargé
inquired about the upcom-
ing Bahamian high-level
visit to China," said the
cable, referring to a sched-
uled visit to China by then
Foreign Affairs Minister
Fred Mitchell, Mrs
Rodgers and Bahamian
Ambassador to Japan Sir
Sydney Poitier.

"Framing it as simply a
‘follow-up to an invitation’,
Mrs Rogers attempted to
minimise the significance
of the official trip. But
after further probing, she
admitted that one of the
purposes of the trip was to
reassure China of the
Bahamas’ commitment to
their bilateral relation-
ship."

At the time the Bahami-
an government felt it need-
ed to bolster Chinese con-
fidence due to “lingering
distaste" because the
Bahamas maintained diplo-
matic relations with Tai-
wan until 1999, wrote Mr
Witajewski.

"When asked by the
chargé as to what the
Bahamian officials had
arranged with their Chi-
nese counterparts for the
visit, Mrs Rogers paused
and said that the visit was
to be very informal and
denied that any agenda of
discussion topics had been
agreed to. Responding to
the chargé’s scepticism that
a major visit beginning in
only two days remained so
unfocused, Mrs Rogers
reluctantly admitted that it
was ‘feasible’ that some
trade and cultural agree-
ments might be signed, but
insisted that the Bahami-



an delegation only planned
to speak about general
bilateral issues.”

Mr Witajewski also ques-
tioned the basis for a grow-
ing relationship between
China and the Bahamas,
two countries with few
common concerns.

"The interest of the Chi-
nese is more complex how-
ever and we defer to
Embassy Beijing for its
analysis of Chinese strate-
gic goals underlying its
major presence in a coun-
try where apart from geog-
raphy, there would seem to
be few mutual cultural,
tourist, economic, or polit-
ical interests," said the
cable.

Yesterday, Mr Mitchell
said it was not uncommon
for the US officials to
request information about
trips overseas, the
Bahamas was not mandat-
ed to brief them.

"The US has a very
aggressive diplomacy.
They, and every country,
wants to know what the
other country is doing in
its diplomatic missions, to
find out what another
country is thinking, what
its plans are.

"The Bahamas is a very
transparent country but we
are under no obligation to
tell them (anything). So
I'm not sure what the bit
about ‘ambiguity’ means,
certainly Ms Rodgers was
under no obligation to (dis-
close anything to the US),"
said Mr Mitchell.

After being contacted by
The Tribune, the US
Embassy released a state-
ment reaffirming its confi-
dence in ties with the
Bahamas.

The statement said: "The
US Embassy does not com-
ment on materials, includ-
ing classified documents,
which may have been
leaked. We have an open
and continuing dialogue
with the government.

“We are fully confident
that the US/Bahamas rela-
tionship will continue to be
excellent. Our common
commitment to democra-
cy, the rule of law, shared
strategic interests and geo-
graphic proximity make
the Bahamas one of our
closest partners in the
western hemisphere and
we expect that our strong
and deep ties will contin-
ue to grow.”

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THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 9



oe. ale ‘Heartache and grief:

Australia’s flood damage





iz a

AN ENTIRE SUBURB is submerged outside Ipswich, west of Brisbane, Australia,
Wednesday, Jan. 12, 2011. Emergency sirens blared across Australia's third-largest
city Wednesday as floodwaters that have torn a deadly path across the northeast
poured into an empty downtown, swamping neighborhoods in what may be Bris-
bane's worst flooding in 100 years. (AP)

Man accused of murder claims
he was beaten by the police

FROM page one

Soldier Road, around
6.40pm on Saturday, Janu-
ary 8.

Gibson, whose face was
visibly swollen, was escort-
ed to Court One, Bank
Lane yesterday afternoon,
for the arraignment.

Represented by attorney
Dion Smith, Gibson was
not required to enter a plea
to the murder charge.

Mr Smith told Chief
Magistrate Roger Gomez
that Gibson was beaten
while in police custody.

He told the court Gibson
had informed him he was
hit in his chest, face and
right ear. Mr Smith claimed
his client had been taken
to hospital on Wednesday,
and while X-rays showed
he had suffered no broken
bones, bruising was evi-
dent.

Mr Smith said his chent
had requested pain killers
but police had told him
they did not have time to
wait for them. Mr Smith
also noted his client’s
hands were swollen from
handcuffs and that a plastic
bag had been placed over
his client’s head, nearly suf-
focating him.

The attorney further con-
tended his client had been
in fear for his life and as a

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BRISBANE, Australia

PARTS of Australia's third-largest city
reopened Friday as deadly floodwaters
that had swamped entire neighborhoods
receded, revealing streets and thousands
of homes covered in a thick layer of putrid
sludge, according to Associated Press.

Garbage trucks moved through Bris-
bane's muddy streets and some residents
dragged ruined furniture out of their
homes as the massive cleanup began fol-
lowing one of Australia's worst natural
disasters.

In towns upstream of Brisbane, sol-
diers picked their way through debris
looking for more victims. Weeks of flood-

ing across Australia's northeast have
caused 25 deaths, and 55 people were still
missing.

"There is a lot of heartache and grief as
people start to see for the first time what
has happened to their homes and their
streets," Queensland state Premier Anna
Bligh said. "In some cases, we have street
after street after street where every home
has been inundated to the roof level.”

The muddy waters swamped 30,000
homes and businesses in Brisbane. One
man drowned Thursday when he was
sucked into a storm drain as he tried to
check on his father's home in an inun-
dated neighborhood of the city. Officials
expected to find more bodies farther

result, the statement he
made was not of his free
will.

According to Mr Smith,
police picked up his client
from the Central Police

Station yesterday and bru-
talised him again, inquiring
on the location of a gun.
Chief Magistrate Gomez
ordered that Gibson, of
Bishop Way, Windsor Place

Road, be taken to see a
doctor.

He was also remanded to
Her Majesty’s Prison, with
the case adjourned to Jan-
uary 19.

upstream as they finally got access to
hamlets struck by flash flooding on Mon-
day.

Most of the people still unaccounted
for are from around Toowoomba, a city
west of Brisbane in the Lockyer Valley
where a sudden downpour caused a flash
flood likened to an inland tsunami. Police
Commissioner Bob Atkinson said Friday
that officials may never be able to find
everyone swept away by the raging tor-
rent.

"We would certainly hope they would
find them all," Atkinson said. *Regret-
tably, we could not exclude completely
the possibility that some may never be
found."

Memorial Service For

Illegal gun found on man in wheelchair

FROM page one

of the Arundel Street area.

Also on Wednesday, officers from the
Drug Enforcement Unit (DEU) arrested
three men and recovered a shotgun during a
special operation in the Farrington Road
area.

The officers — led by the commander of
DEU - conducted a search at a home in the
area after they noticed a man standing in
front of the residence who appeared uncom-
fortable by their presence.

According to police, another man
emerged from the house — as they were
questioning the first man — but ran back
inside on seeing the officers.

Police press liaison Chrislyn Skippings
said: “Officers then followed the suspect
into the house where a search was conduct-
ed and a shotgun with the serial number

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erased was found under a bed. Three sus-
pects were arrested.”

The matter was turned over to the Cen-
tral Detective Unit for further investiga-
tion.

Early yesterday morning, police recov-
ered two pistols and 23 rounds of ammuni-
tion after searching a man while on routine
patrol in the Sunset Park area.

The culprit was initially found to be in
possession of a black Glock .40 pistol with 8
live rounds of hollow tip ammunition.

However, officers discovered a second
black Glock .40 pistol and 15 live rounds of
hollow tip ammunition after he was taken to
Carmichael Road Police Station.

Police also expect to bring charges
against a man they arrested today in con-
nection with a rape that happened on
Monday.

The rape suspect was arrested at Palm
Tree Avenue.



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Bahamians
‘Oppressed

by economy.

‘pretty much done’

structure

By NEIL HARTNELL

The nation’s economic
model is “oppressing
Bahamians”, a senior Col-
lege of the Bahamas lectur-
er charged yesterday, fail-
ing to develop this nation’s
human capital and provid-
ing for a persistently high
unemployment level.

Suggesting that “we have ; By NEIL HARTNELL

milked our economic mod- : Tijbune Business Editor

el dry”, Dr Olivia Saun-
ders, of COB’s School of
Business, told the Business
Outlook Conference yes-
terday that the Bahamian
economy followed “a typi-
cal dependency model”,
designed to relieve

its resources and owner-
ship.

Instead, “the role of the
residents is to provide
labour and act as con-
sumers”, while capital and
ownership of companies
and productive assets was
relegated to foreign

investors and a small group

-S40M PROJECT EXPOSES
WILL FOR INVESTMENT

* Chamber chief questions if Bahamians
want to invest to diversify economy, citing

of Bahamians.

“The economic model
we follow in the Bahamas
is to ensure the underde-
velopment of its people,”
Dr Saunders said, adding
that because the economy
did not require many
workers with a high educa-
tion level, “we don’t need
to really be serious about
education”.

Too often, she added,

SEE page 2B

Diversification
pursuits ‘staring
us in the face’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Diversification of the
Bahamian economy can be
achieved by taking advantage
of “opportunities staring us in
the face” to create businesses
that feed into and off the
tourism industry, the Prime
Minister said yesterday.

Hubert Ingraham said
“huge opportunities” exist for
Bahamians to further max-
imise the economic benefits
that accrue from tourism by
better tapping into the
demand for goods and ser-
vices that tourists bring with
them.

“Most other economic
activities do not offer any
greater resilience than
tourism, and given the contin-
ued potential for growth and
diversification still provided
by tourism activity, it seems
quite reasonable that we
should continue to devote our
scarce resources toward the
maximising of growth in this
industry,” said Mr Ingraham.

He also charged that while
the Government has - and will
continue to play its part to
facilitate business - by offer-
ing incentives, advancing leg-
islation and developing infra-
structure, entrepreneurs must
step up to the plate if new
business activities are to be
introduced.

Addressing the Bahamas
Business Outlook, Mr Ingra-
ham acknowledged it was
commonly stated that the
Bahamas would be wise to
diversify its economy away
from its heavy reliance on
tourism and financial services,
integrating more manufactur-
ing and agriculture into its
economic mix.

“It seems to me that the dis-
cussion around diversification
arises from our desire to see
this economy achieve higher

SEE page 2B

THE TRIBUNE

yu



FRIDAY,

@
n



Tee etl

JANUARY

SECTION B ¢ business@tribunemedia.net

LIME’s BTC plan

| IE BIC cost base ‘too high and needs to come down’ if company is

- to meet challenge of competition

Tribune Business Editor i

| I Cable & Wireless executive says excessive costs why Bahamians
_ paying $0.30-$-0.40 per minute for cellular, compared to low

_ double digits in rest of region

_ Mi Jobs to transfer in and out of Bahamas

_ I ‘Two to three’ years hard work to ready BIC for competition

Cable & Wireless Commu-

i nications (CWC) has “pretty
? much” completed its five-year
? business plan for the Bahamas
? Telecommunications Company
i (BTC), Tribune Business was
i told yesterday, its regional chief

Baas tronrnigaanin ? executive acknowledging that
a ane anaging | there would be “a good two or

: three years of work ahead to
? make sure the business is ready
? for competition”.

Speaking to Tribune Busi-

; ness at the Bahamas Business
i Outlook conference yesterday,
? David Shaw, head of LIME,



SEE page 5B

logistics centre plan

* Grand Bahama residents ‘caught in
cross-fire’ and ‘under attack’ on tax
exemption renewal, bonded letter

* Hits at ‘insane’ increases in bank fees

* Says tourism and financial services must

be adjusted

K P TURNQUEST

By NEIL HARTNELL
Tribune Business Editor

The Grand Bahama Cham-
ber of Commerce’s president
yesterday questioned whether
Bahamians were prepared to
invest in diversifying their
economy, pointing to the $40
million price tag attached to
the estimated cost of setting
up a logistics hub in Freeport.

K P Turnquest told the
Bahamas Business Outlook
conference yesterday that “a
tremendous opportunity
exists for us in Grand
Bahama” in the logistics
industry, given the island’s
infrastructure, but when a del-
egation he was part of attend-
ed a major US conference on
the sector last year, “almost
everybody approached” had
never heard of the island - or
the Bahamas generally - apart
from being a tourist destina-
tion.

Meetings with the Massa-
chusetts Institute of Technol-
ogy’s (MIT) Logistics Centre
determined that it was a sus-
tainable, feasible opportunity
for Grand Bahama, with
“help available to make it
happen”, and a $40 million
price tag was placed on the
start-up costs.

Mr Turnquest acknowledged
this was “a lot of money”, but
noted that at least the same was
being spent currently in Nas-
sau alone on the Arawak Cay

SEE page 4B



QUESTION TIME: A file photo of C&W’s David Shaw (left) in a recent
interview with Tribune Business Editor Neil Hartnell.

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. :



FAMILY GUARDIAN

INSURANCE COMPANY LIMITED

‘Make all
efforts’ to
improve

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas “must take all
efforts to push itself up” in the
World Bank’s Doing Business
report rankings, since this feeds
into determinations its com-
petitiveness as a financial ser-
vices centre, the Bahamas
Financial Services Board’s
(BFSB) executive director said
yesterday.

“Even unfair assumptions
are assumed to be a reality”,
said Wendy Warren,, who told

WENDY WARREN

the Bahamas Business Outlook conference that the Gov-
ernment “must focus on these benchmarks”, as “no major
corporate entity makes a decision to go into a country when

it’s ranked poorly”.

Ms Warren identified some of the opportunities and chal-
lenges that presently confront the Bahamas’ second most sig-

nificant economic sector.

She suggested that the Bahamas’ financial services indus-
try cannot rest on its laurels and expect business to come to
Bahamian shores, as “traditional competitors are taking
major steps to fulfill their goals and objectives, transforming

SEE page 3B



STANDALONE BTC UNABLE TO
ACHIEVE VITAL ECONOMIES

By NEIL HARTNELL
Tribune Business Editor

The Bahamas Telecom-
munications Company
(BTC) will be unable to gain
the economies of scale as a
standalone entity that are
required to pass on the best
technology, services and
pricing to Bahamian con-
sumers, the regional Cable
& Wireless (CWC) head
said yesterday, pointing to
the 50,000 iphones “mini-
mum order value”.

Making the case for why

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BTC needed to be part of a
much larger international
telecoms operators, such as
CWC’s Caribbean sub-
sidiary, LIME, David Shaw
told the Bahamas Business
Outlook that the ‘minimum
order value’ issue would ulti-
mately prove to be a stum-
bling block for a standalone
carrier.

To purchase iphones, the
manufacturer would “not
even talk to you” unless a
minimum 50,000 order was

SEE page 4B

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PAGE 2B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE





Bahamians ‘oppressed’
by economy structure

FROM page 1B

skilled Bahamian professionals such as architects and
engineers were expected to play second fiddle to ‘experts’
brought in by foreign developers, and graduates from
COB’s School of Business were questioning whether they
needed to make such an investment in their education,
given the limited roles available to them in the economy.

“It seems skills and talents have not place in the econo- }
my,” Dr Saunders said. She added that the Bahamian eco- }
nomic model did not provide for its general citizens to “own }
capital in the wealth generating sectors”, and said: “The :
most technologically advanced and efficient businesses in the }
country today are the illegal gaming houses operated by :

Bahamians.”

Foreign investors, Dr Saunders added, were not inter- }
ested in developing Bahamians workers beyond their specific :
needs, something that helped to “stifle the skills and aspi-

rations of Bahamians”.

“Our country is crumbling,” she said. “Our nation has }
deteriorated to a place, and is at a point, that we cannot }

imagine.”

Economic policymakers needed to focus on nation-build- :
ing, Dr Saunders added, stating that the Bahamian econo- }
my was “not doing as well as we think”. Statistics such as }
gross domestic product (GDP) per capita masked what was
probably the most skewed income distribution in the West- |
ern Hemisphere, plus one of the widest ‘boom and bust’ :

swings in the world.

She added that 69 per cent of unemployed Bahamians had :
been jobless for three months, and 35 per cent for 12 months. :
If discouraged workers were included in unemployment :
measures, the latter figure would rise by some three per- :

centage points, Dr Saunders said.

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Ingraham spots

oil prices ‘cloud’

? By ALISON LOWE
: Business Reporter
? alowe@tribunemedia.net

Spiralling oil prices were acknowledged
by the Prime Minister yesterday as a “pos-
sible cloud on the horizon” that may have
significant implications for a recovering
? Bahamian economy in 2011.

Despite stating that he has “every expec-
? tation” 2011 will be the beginnin of an
? economic turnaround for the Bahamas,
: Hubert Ingraham suggested rising oil prices
- and predictions of further increases this
? year - will require a proactive response
? from government and the public.

: Mr Ingraham told the Business Outlook
? Conference that the Bahamian economy
is expected to grow by 2-2.5 per cent in
2011, a “marked improvement” on previous
? outcomes, with unemployment decreasing
: slightly, then more significantly in 2012.
However, Mr Ingraham said he “should
? acknowledge a possible cloud on the hori-
: zon”.

“Economists are predicting that crude
oil prices will trend upward this year, surg-
ing from about $80 per barrel to about $106
? per barrel by July. This trend has obvious
? implications for the price of gasoline, the
: cost of electricity, the current account, the
? Government's fiscal operations and the
: broader economy,” he added.

: The Prime Minister said the Govern-
? ment will be watching this trend “closely
? and will seek to take appropriate measures
? to minimise the financial fallout”.

: “Such measures relate to adopting vari-
: ous conservation measures to minimise
? cost, something that both business and indi-
} vidual households should also do,” said Mr
: Ingraham.

? Speaking with Tribune Business last



week, former minister of
state for finance, James
Smith, described rising oil
prices as the “800 pound
gorilla in the room” that
threatens to "derail" eco-
nomic recovery in the
Bahamas and wider world
in 2011.

Meanwhile, president
of the Bahamas Chamber
of Commerce, Khaalis
Rolle, suggested that

Bahamian businesses should begin to “plan
for the inevitable”, with conditions com-
ing together to create a "perfect storm" of
high oil prices that could constrain the
Bahamian economic recovery.

His comments came after former presi-
dent of the Shell Oil Company, John
Hofmeister, said in an interview in the US
press that he predicts gas prices in the US
could rise to $5 per gallon - 64 per cent
higher than the average today - by 2012.

Restrictions on oil drilling in the US,
coupled with rising demand from emerging
economies such as China, India and others,
have been largely blamed for the likeli-
hood of oil prices increases, which saw spot
prices rise 34 per cent from May to Decem-
ber 2010. Yesterday the price of a barrel of
oil rose to $92.

In his address, Mr Ingraham described
the state of the Bahamian economy over
the last 12 months and its short-term
prospects. In 2010, the economy “laboured
under the weight of the residual effects of
the global economic and financial down-
turn, though to a lesser degree than in the
previous year”.

Domestic economic conditions “sta-
bilised during 2010”, Mr Ingraham added,
with this primarily driven by improvements

HUBERT
INGRAHAM

in the tourism sector and, most “particularly
in the high-value stopover segment of the
market”, which saw a 5 per cent increase in
arrivals over 2009.

“In contrast, consumer spending
remained relatively weak, and output in
the construction sector was constrained by
muted levels of foreign investment inflows,”
he said. “In the external sector, the esti-
mated current account deficit narrowed,
due primarily to higher tourism earnings,
while the surplus on the capital and finan-
cial account declined, reflecting a decline in
direct investments and reduced public sec-
tor inflows.”

Without official employment statistics
for 2010, the Prime Minister said that
“anecdotal evidence exists to suggest a
marginal improvement” in the unemploy-
ment situation, but “it is a painful fact that
unemployment in the country remains far
too high.”

Growth in 2011 will result in large part
from increased inward direct investment,
“resulting from a re-start of some stalled
investment projects”, new investment
inflows and significant scheduled public
infrastructure investment. A further
increase in visitor arrivals and spending,
and growth in domestic credit leading to
more commercial and residential con-
struction, are also anticipated, he said.

Such public works include the Lynden
Pindling International Airport develop-
ment, the new Port at Arawak Cay and its
associated works; massive infrastructural
upgrades in New Providence; expanded
health care infrastructure at Princess Mar-
garet Hospital, the Rand Memorial Hospi-
tal and elsewhere; new ports and bridges in
some Family Islands, and public sector
office complexes notably in Abaco, Grand
Bahama and New Providence.

FROM page 1B

: levels of growth and, perhaps
? more importantly, to become
? less vulnerable to shocks in the
: global economy. For many,
? tourism leaves us too open to
: the vagaries of international

Diversification pursuits
‘staring us in the face’

them.

some of our regional competi-
tors have made tremendous
strides. These products, readily
seen at specialty arts and craft
fairs, deserve wider and more
convenient availability to the
broader tourism and domestic
trade.

“All these segments of our



? economic fluctuations,” said Mr
? Ingraham.

However, Mr Ingraham took

: the position that while the
? desire to see more growth and
i resilience is “legitimate and one

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that my government shares”, it
should be “considered within
the context of the reality of the
Bahamas”

This reality, he added,
includes the fact that examples
of “primary, secondary and ter-
tiary” industries, which include
manufacturing, agriculture and
service industries such as
tourism, already exist in the
Bahamas, albeit in an “imbal-
anced” ratio.

Reflecting such imbalances
that also exist in some of the
world’s “most developed, high
income and high wage
economies”, Mr Ingraham not-
ed that the Bahamian econo-
my is 84 per cent service based,
15 per cent industrial based and
about 1 per cent agriculture
reliant.

In the face of “an impulse to
diminish the resilience of
tourism as an economic sector,
as well as a failure to recognise
the opportunity for diversifica-
tion which exists within the sec-
tor itself”, Mr Ingraham said it
must be recognised that the
industry has consistently been
“one of the fastest, if not the
fastest growing” in the world.

The Prime Minister charged
that the Bahamas’ most signifi-
cant chance of success in grow-
ing its economy lies in tapping
into the demand for goods and
services that tourists bring with

“The reality is that the
remarkable growth and devel-
opment we have achieved
through services present huge
opportunities for further inte-
gration of the $7.5 billion econ-
omy of the Bahamas by adding
value and exploiting natural
resources,” he said.

“Certainly, some of our best
prospects for the expansion of
agriculture and fisheries lie in
their link as food suppliers to
our hotel sector, and to the
domestic market.

“Our tourism industry is a
natural outlet for a well-organ-
ised, consistent production of
the abundant variety of fruits
and vegetables grown in the
Bahamas.”

Opportunities for diversifi-
cation “abound in non-hotel
related leisure and entertain-
ment offerings,” said Mr Ingra-
ham.

“It should not be lost on us
that the vast majority of fine
dining experiences in the
Bahamas are still connected to
major resorts. This is not the
case in Barbados, a competitor
warm weather tourism destina-
tion in our region.

“Similarly, opportunities
exist for wider retail distribu-
tion of reasonably priced, qual-
ity straw, shell and turned-wood
products, another area where

economy are ripe for growth
and expansion, with measur-
able benefit toward increased
diversification in our economy,”
said the Prime Minister.

Responding to claims com-
monly made that tourism is too
vulnerable to declines in the
face of shocks in the global
economy, Mr Ingraham
charged that when such condi-
tions do arise, which result in
fewer tourist arrivals, other sec-
tors are usually not spared
either.

And he sought to emphasise
that the profile the economy
takes cannot solely be a conse-
quence of government action.

“The Government, working
with the business community,
might incentivise, promote and
facilitate such pursuits, but ulti-
mately it is the entrepreneurs
that make the actual economic
enterprise or sector a reality.

“However, the extent to
which creativity and innovation
occur will largely depend on
the ambitions, capabilities and
pursuits of the entrepreneurial
community itself.

“And, to the extent that busi-
nesspeople pursue various
forms of enterprise in the soci-
ety is the extent to which the
economy will take on the pro-
file of those pursuits,” said Mr
Ingraham.

_—& =~ POSITIONS AVAILABLE FOR
pwe

leader.

Applications are being accepted for the 2011 Programme.

ASSOCIATES

PricewaterhouseCoopers has vacancies for staff accountants to pursue a programme
of training culminating in a professional accountancy qualification. Prospective
candidates should have a graduate or undergraduate degree in accounting with a
cumulative grade point average that exemplifies your success as an achiever and

graduates are also encouraged to apply.

May/June 2011

Successful candidates will undergo a period of rigorous training, both academically
and on-the-job, with the objective of developing professional skills. Much of the
on-the-job experience will entail auditing the financial statements of entities in the
financial services industries such as banks, trust companies, investment funds and

insurance companies.

The positions offer excellent salaries and promotional opportunities, and benefits
include medical insurance and provident fund. Also, as a team member of
PricewaterhouseCoopers there are opportunities to work in another country where
PricewaterhouseCoopers has an office.

Please submit an application letter, with a current curriculum vitae and a copy of
your most recent transcript, before 30 June 2011, to:

Human Capital Leader
“Associate Position”
PricewaterhouseCoopers
P.O. Box N-3910
Nassau, The Bahamas







THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 3B



‘Open’ 98% of Bahamas for economic growth

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas’ best prospects
for economic growth involve
opening up 98 per cent of its
existing land mass through bet-
ter communications and trans-
portation linkages, the Minis-
ter of Tourism said yesterday.

Addressing the 20th
Bahamas Business Outlook at
the Wyndham Nassau Resort,
Vincent Vanderpool-Wallace
suggested the economic lives of
Bahamians could be trans-
formed with cheaper, more
convenient access to many
Family Islands from abroad, for
potential visitors, and within
the Bahamas for both residents
and visitors.

The Minister said that such
enhanced linkages, which
would include cheaper flights
to and within the Bahamas,
more ferries between islands,
and communications-based ser-
vices including tele-medicine
and e-learning opportunities in
the Family Islands - will be key
to keeping more talented
Bahamians in the Bahamas.

“Infrastructure development
in an archipelago depends as
much on connections between
islands as it does on infrastruc-
ture on islands,” the Minister
said.

“That is the necessary pre-
requisite to facilitate the easy
and low-cost movement of peo-
ple, goods and services for the
development of the entire
country. In order to give a ‘mis-
sion to the moon’ kind of focus,
suppose we declared that in five
years Bahamians will live on
Eleuthera and Andros and
commute to work in Nassau
daily, as we begin to reduce the
overpopulation of New Provi-
dence and develop the remain-
ing 98 per cent of our nation of
islands more completely.





MINISTER OF TOURISM:
VINCENT VANDERPOOL-WALLACE

“Those kinds of commutes
are done every day in hundreds
of places around the world.
Why not The Bahamas? Our
overall mission must be to go
‘Back to the Islands’.”

Following sentiments
expressed by Prime Minister
Hubert Ingraham on the theme
of diversification earlier in the
seminar, Mr Vanderpool-Wal-
lace told the Business Outlook
he believes that rather than
diversification into a wider vari-
ety of sectors, it is important
for the Bahamas to leverage its
areas of comparative advantage
and maximise opportunities
that already exist within
tourism.

This, he suggested, means
recognising the fact that the
Bahamas is a country which has
geographic proximity to major
economies such as the US and

Brazil, and at least 16 islands
which have the beaches, waters
and other features that are
attractive to visitors and
Bahamians alike. Yet this had
not been exploited because of
the cost associated with visit-
ing, living in or getting to and
from them.

“Many people in our region
are surprised, shocked and
astonished by some simple sta-
tistics: If New Providence &
Paradise Island were a separate
country in our region, it would
rank fifth in the number of
stopover visitors, second in the
number of total visitors and first
in the number of cruise passen-
gers in the entire Caribbean,”
Mr Vanderpool-Wallace said.

“This 2 per cent country’ of
New Providence and Paradise
Island would be the third
wealthiest independent coun-
try in the western hemisphere
in terms of per capita income,
behind only the United of
America and Canada.

“Ts it not, therefore, abun-
dantly clear that in a region
where islands are major assets
for tourism development, we
have substantially underutilised
tourism assets in The Bahamas?
If we want to diversify, why not
diversify that?”

Mr Vanderpool- Wallace sug-
gested that the Bahamas has
“nearly overdeveloped” the “2
per cent” that Nassau and Par-
adise Island represent over the
past 40 years “without devel-
oping the necessary sea, air and
ICT infrastructure for inter-
island transportation and com-
munication throughout the
Commonwealth of the
Bahamas”.

He said the Ministry of
Tourism was currently focus-
ing on reducing the cost and
time of travel to the Out
Islands, and allowing more elec-
tronic booking of flights, fer-
ries and accommodation as a

means of stimulating tourism.

“The entire concept of
‘anchor projects’ as conceived
by some, and as perceived by
many, is externally focused. It
relies largely on foreign invest-
ment for much of its success.
All that is required for Bahami-
ans to be successful in tourism
are “Bed & Breakfast” facili-
ties that can be viewed and
booked electronically from any-
where in the world, along with
the air and sea transportation
that might be required to deliv-
er the visitor to their accom-
modations. My Ministry is in
the final stages of negotiations
to acquire the software to put
such a system in place,” Mr
Vanderpool-Wallace said.

“There is clear evidence that
warm weather vacationers
dream of their own villa or pri-
vate and intimate home near
the water in the Bahamas, but
those dreams are deferred once
the difficulty of accessing those
facilities and purchasing them
with confidence are encoun-
tered. When those difficulties
are overcome, we can enable
hundreds of Bahamians to
enter the tourism business
immediately all over the
Bahamas.

“Right now we have more
vacant rooms available in pri-
vate homes and villas through-
out the Bahamas than the
rooms to be brought on stream
by Baha Mar. No need to wait,
we can start the day that the
transportation and booking sys-
tems are in place.”

Mr Vanderpool- Wallace sug-
gested this economic expansion
would help avert what current-
ly represents, he said, “the
greatest risk to our future” -
the potential that educated
young people will leave and
seek opportunities elsewhere.

”*The Bahamas (with the
obvious exception of Cuba)
holds the distinction in the

‘Make all efforts’ to improve rankings

FROM page 1B

their platforms to reflect cur-
rent market opportunities”.

Meanwhile, new players are
entering the market, such as
Jamaica and Barbados.

“These jurisdictions are
seeking to use their new status
to demonstrate relevance to
the business community and,
in some cases, the costs are
more competitive. In the case
of Jamaica, they certainly
have more human resources
to fuel their industry,” said
Ms Warren.

“Our competitors are trans-
forming their business propo-
sitions, moving away from sin-
gle product focuses to pro-
viding a platform for business,
a platform for capital flows
rather than just services.”

In light of new challenges
and the limited resources
available to the sector from
the Government, Ms Warren
said the BFSB this year
undertook an initiative which
it called SCRIPT (the name
representing elements which
the BFSB considers critical to
the future success of the
industry: strategy, coordina-
tion, regulation, infrastruc-
ture, stakeholders, talent) to
determine which potential
new areas of business repre-
sent the greatest opportuni-
ties for the Bahamas in terms
of revenue and jobs.

“We know the market, the
Americas, but we wanted to
define realistically what was
required to secure opportu-
nities, and what benefits were
available both in terms of rev-
enue and jobs,” said Ms War-
ren.

“In our view, this confirmed
the view that the game plan
was forthe Bahamas to
become the preeminent cen-
tre for structured capital flows
between companies seeking
to do business with the major
economies in this region.

“Pursuing this largely
underdeveloped opportunity
will strengthen our position
in wealth management. After

all, many of the businesses
today are owned and con-
trolled by families, and these
families seek wealth manage-
ment services.”

Ms Warren said the BFSB
determined, based on the
SCRIPT initiative, that “we
want to integrate our finan-
cial services with actual bricks
and mortar activities, and
business and trade flows that
occur between these
economies (with) financial
services geared towards peo-
ple engaged in these busi-
nesses”.

“Perhaps most important-
ly,” she said, “the linkages
and abilities to leverage the
transshipment, logistics and
commercial activities on tap
in Grand Bahama could seal
the deal for the Bahamas in
being the regional winner in
international business and
finance.”

Evidence for this, said the
executive director, lay in the
key assets the Bahamas has -
history, location and fiscal
resources.

“These assets, we believe,
give us a comparative and
compelling advantage over
other centres in the region,”
said Ms Warren.

She added that there are
many assets in Brazil that
could “be managed in the
Bahamas through investment
funds, but the crucial step is
the Brazilian regulator has to
approve the Bahamas as an
acceptable jurisdiction”.

She said the Securities
Industry Act tabled in Parlia-
ment late last year “should
allow this money to now flow
into the Bahamas, and allows
us to secure a greater foothold
in such an important market”.

However, Ms Warren not-
ed that there are other chal-
lenges that need to be
addressed going forward if the
industry is to thrive.

Among these are the fact
that insufficient lawyers in the
Bahamas are “focused on our
industry”, and the need to
find ways to allow capital to
come into this nation from

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that 1, KEEDRA CHANTE
BEAVER, of Carmichael Rd., RO.Box CR56822 intend

to change my name to KEEDRA CHANTE JORDAN. If
there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief
Passport Officer, RO.Box N-742, Nassau, Bahamas no
later than thirty (80) days after the date of publication of
this notice.



other countries without hav-
ing higher penalties attached
than if it went elsewhere.

In addition to addressing
the Bahamas’ position in
reports such as the Global
Financial Centres Index,
which benchmark this nation
against other centres, Ms
Warren noted that attracting
new business to this nation
depends on good manage-
ment of existing clients.

“We must ask why are peo-
ple coming into the Bahamas
and why are people leaving.
We have to take seriously the
management of our existing
clients. They are the ones that
are key to whether we can get
more,” she said.

The executive director said
the global market is changing
rapidly, and the Bahamas
must also become better
acquainted with the charac-
teristics of new potential busi-
ness partners, who may come
from countries that would
have previously been consid-
ered “risky” or emerging
economies.

“We must be focused in
2011 on resolving and unrav-
eling barriers to bringing cap-
ital into the Bahamas. If it
takes more effort to do busi-
ness in the Bahamas than
elsewhere we are not a com-
pelling financial services juris-
diction,” said Ms Warren.

“We have not scratched the

development,

our Stall



surface of the opportunity in
the financial service industry,
and if it goes elsewhere it’s
extremely difficult to bring it
back.”

Caribbean as that independent
country from which the fewest
number of its citizens leave to
live elsewhere in search of bet-

reluctantly, only for training
and development, but they
returned on completion. That
is no longer as true as it once

ter economic opportunities. It
was an axiom in recent times
that Bahamians leave home

our future,” he said.

TECHNOLOGY

JOB OPENINGS:

Warehouse Administrator

Responsibilities: Provides support to functions of the
warehouse including inventory control. This individual
must be computer literate.

Minimum Qualifications: 3 BGCSE, high school
diploma, good written and oral skills, telephone etiquette,
minimum of 2 years in related field.

Salary: Commensurate with qualifications and experience.

Store Manager
Responsibilities: Oversees the daily operations of a

retail establishment. Responsible for overseeing the daily
work of sales associates and must order for the store.
Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and oral
skills, telephone etiquette, Management Skills, excellent
customer service skills & supervisory experience.
Minimum of 2 years experience in related field.
Salary: Commensurate with qualifications and experience.

Sales Associate

Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and
oral skills, telephone etiquette, & customer service skills.
Must have excellent knowledge of computers, computer
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Marketing Person

Responsibilities: To Market company products and
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Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and
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computer parts, & accessories. Have different form of
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sales promotion, public relation, and direct marketing.
Must be able to design company flyers, and advertise
on social networks. Experience in related field a plus.
Salary: Commensurate with qualifications and
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PLEASE, ONLY PERSONS WITH THE ABOVE
QUALIFICATIONS/EXPERIENCE NEED APPLY

Email resume to: jobs@dectpe.com





_—& POSITIONS AVAILABLE FOR
pwe AUDIT MANAGERS

PricewaterhouseCoopers has vacancy in its Nassau Office for Audit Managers
whose qualifications make the individuals eligible for membership in the
Bahamas Institute of Chartered Accountants. Prospective candidates should
be recently employed in public accounting and have at least one (1) year of
experience at the Assistant Manager/Manager level in managing a portfolio
of diverse client engagements. Candidates are also required to have a high
level of computer literacy.

The position offers challenging work in the financial services industry and
other areas of industry and commerce. The salary scale, which recognizes
different levels of experience and skill, is designed to reward high
performance. In addition, the Firm provides excellent medical insurance and
provident fund benefits.

Please submit your application letter with your Curriculum Vitae to:

Assistart Cival Ecgreer

Mott MacDonald is a global management,
engineering and development consultancy
spanning 140 counties with over 14000 staff in
sectors such as transport, energy. buildings,
water, the environment, health, education,
communications, oil and gas and urban

We work on.a large variety of interesting
construction projects internationally

The selected candidate will jain aur team in
Nassau as an Assistant Resident Engineer

The candidate vill be supporting our Chief
Residem Engineer in the site supervision team
on the New Providence Island Road
Improvement project. They will also be
respansitde for performing all the acminestrative
and operational functions necessary for the day
to day operation of the project.

We offer excellent training and support to all of



Human Capital Leader
“Audit Manager Position”
PricewaterhouseCoopers

P.O. Box N-3910
Nassau, Bahamas



“yw?

Mott MacDonald

As a minimum, the successful applicant will have
the following:

1. BEng of BSc in Civil Engineering

2. Min 3 years post graduate experience
with at least 1 Year Site Supervision
BXPenence on road construction

Positive altitude

Contract administration experience
Relevant technical experience

Sound engineering judgement

Sood IT and Communication skills

Valid driver's license

Oo oT ur Be tat

Applications which should include a CV should
be submitted to the following address, to arrive
on of before 17 January 20171.

Resident Engineer

P.O. Box CB 12882

Nassau, Bahamas

Applications can also be emailed to
graduate2422 gmail.com

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

was and is the greatest risk to



PAGE 4B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



=
S40M PROJECT EXPOSES

WILL FOR INVESTMENT

FROM page 1B

Container Port, roads and the
harbour dredging.

“Are we prepared to invest
in the diversification of our
economy,” Mr Turnquest said,
“the next pillar, or are we still
stuck in the loop, doubling
down our bets on Nassau to
carry the weight of the
Bahamas, even though we
know it’s not sustainable.”

The Grand Bahama Cham-
ber touted the benefits of eco-
nomic diversification as having
spared the island an even worse
time during the past six years,
saying he “shuddered to think”
what would have happened had
Freeport been reliant on just
tourism and financial services.

While Freeport and Grand
Bahama had “endured some-
what painfully” the past six
years, with unemployment
“unacceptably high” due to
tourism sector weakness, the
existence of the Container Port,
the South Riding Point and
BORCO facilities, Bradford
Marine’s yacht repairs, and
pharmaceutical and styrofoam
manufacturers, Mr Turnquest
said the island was still “a net
revenue source to the Govern-
ment today, despite what they

like to say about us”.

Still, the Grand Bahama
Chamber chief said Freeport
businesses and households were
currently “caught in the cross-
fire”, and felt “under attack and
unsupported” as a result of two
recent moves by the Govern-
ment.

Apart from the controversy
over the bonded letters, Mr
Turnquest said Prime Minister
Hubert Ingraham’s recent
announcement that the Gov-
ernment would not discuss the
extension of Freeport’s busi-
ness licence and real property
tax exemptions, due to expire in
2015, until 2013 had sent
“shockwaves throughout the
local community, and investors
and potential investors”.

“Everyone wants to know
what happens five years down
the road, not two-three years,
and everyone’s concerned that
in two to three years they may
be faced with a real property
tax increase no one planned

Mott MacDonald is a global management,
engineering and development consultancy
spanning 140 countries with over 14000 staff in
Sectors such as transport, energy, buildings,
water, the environment, health, education,
COMMUNICADONS, Gil and gas and urban

development.

We work on a4 large vanety of interesting
construction projects internationally.

The selected candidate will join our team in
Nassau as a junior O5/Measurement Engineer.

The candidate will be supporting our Senior OS
in the site supervision team on the New
Providence Island Road Improvement project.
They will also be expected to undertake other
lasks associated with lhe day-to-day site
Supervision and reporting on a project of this

Size,

for,” Mr Turnquest said.

He added that when the
Prime Minister’s announcement
was made, one potential
Freeport investor placed a call,
stating: ‘What exactly is meant
by that?’

Cross-fire

Pointing to the possible dam-
age done to the second home
market and business expansion
by the prospect of a real prop-
erty tax rise, Mr Turnquest said:
“Grand Bahama residents
ought not to be caught in the
cross-fire.”

Apart from urging the Gov-
ernment to review the ‘bond-
ed letter’ situation, warning that
this was “bad social policy” that
could result in more unem-
ployment and higher taxes, Mr
Turnquest also called on it to
assess the “insane increase in
banking fees” imposed on the
business community.

He argued that the rise was
likely a response to the
increased bank licence fees
imposed in the 2010-2011 Bud-
get, and while it was not the
Government’s intention for the
banks to pass these on to

clients, this was what had hap- i
pened. Mr Turnquest said this }
was heavily impacting Bahami- } ;
an businesses that generated } Placed, something Mr Shaw suggested was “beyond the
high revenues, but low prof-
i larger entity, “we can probably do that together”.
The Grand Bahama Cham- }

ber chief said key adjustments }

itability.

would have to be made to the

20/OECD.

Mr Turnquest said the BTC i
privatisation had sparked a }
increasing }

debate about
Bahamian ownership in the

not see the ‘usual’ families and
groups doing all the deals.

, Coan eas ste : “billions” to keep pace with consumer demand for new
and innovation and resulted :, ; Products and services, Mr Shaw again highlighted advantages
. i for BTC if it was part of LIME, adding: “Doing it on your

“too much political interference }

and too much taxation” to sup- } é age
? er group is much easier.

port it.

“ww?

Mott MacDonald

The successful candidate will have an

- Engineering Degree or equivalent Qualification.

- Willingness to learn.
- Positive attitude.

> Interest in construction,

: Good IT and Communication skills.
- Good level of numeracy and literacy

- Valid Driving License

We offer excellent training and support to all of our

stalf.

Applications which should include a CV should be
submitted to the following address, to anive on ar

before 17 January 2011.

Resident Engineer
P.O, Box CB 1288?
Nassau, Bahamas

Applications can

also
raduate242@ gmail.com

be emailed to



7
pwe

Job Description

PricewaterhouseCoopers has vacancies for qualified Senior Associates within our Systems
and Process Assurance (SPA) practice. As a member of the SPA team, you will provide
services related to controls around the financial reporting process, including business

POSITIONS AVAILABLE FOR
SPA SENIOR ASSOCIATES

process and information technology management controls.

Requirements

Proven experience in identifying, evaluating and testing information technology and/or
business process controls, having worked in the accountancy profession for a minimum of

three (3) years.

A strong academic record and has a professional accountancy qualification and/or the CISA

qualification.

Sound business awareness, excellent communication skills and personal initiative.

The ability to work as part of a team, as well as independently.
The ability to build and manage internal and external relationships.

Proficient understanding of security and control for some of the following technologies and/
or enterprise applications: Unix, Windows Server 2003, Windows Server 2008, OS/400,

SQL Server, Oracle database, SAP, Peoplesoft, and JD Edwards.

Working knowledge of information technology general controls concepts in the areas of
systems development, change management, computer operations and access to programs

and data.

Working knowledge of controls and controls standards (Sarbanes Oxley, COSO, and

COBIT) and testing strategies.

The positions offer challenging work in the financial services industry and other areas of
industry and commerce. The salary scale, which recognizes different levels of experience
and skill, is designed to reward high performance. In addition, the Firm provides excellent
medical insurance and provident fund benefits.

Please submit an application letter with your Curriculum Vitae to:

Human Capital Leader
“SPA Senior Associate Position”
PricewaterhouseCoopers
P.O. Box N-3910
Nassau, The Bahamas







TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

STANDALONE BTC UNABLE TO
ACHIEVE VITAL ECONOMIES

FROM page 1B

reach” of a standalone operator. Yet, if BTC was part of a

If the BTC privatisation process was concluded as is, with
a51 per cent majority stake in the company sold to CWC for

} $210 million, Mr Shaw said the company - and, by extension,

Bahamas’ tourism and finan- } Bahamian consumers, businesses and the Government -

cial services models, with the :

former being dominated by } access to as a standalone provider”.
low-yielding cruise passengers }

at the expense of land-based :

hotels. and the latter under ; DOlogy, services and better pricing, and Mr Shaw later told

increasing pressure from the G- | _Ttibune Business in an exclusive interview: “I don’t know of

: almost any business of BTC’s size left as an independent

would “get access to economies of scale it would not get

These economies of scale would come into play on tech-

entity. In telecoms, scale is important.”
As a fixed-asset business, it was critical for telecoms
operators to attract volume, and Mr Shaw told Tribune

? Business that BTC also needed “to be able to tap into best
economy, but in a way that did }

practices from other countries and markets, so it can rapid-

ly develop things consumers are looking for”.

Pointing out that telecoms operators were today investing

own in a global environment is tough; being part of a larg-

Pointing to LIME’s recently launched Mobile TV product

| ? in Jamaica, which this weekend will deliver Buju Banton’s
? comeback concert in Florida live to Jamaican cell phones in
? digital quality, Mr Shaw unveiled the company’s plans to
: deliver TV services to the remote Family Islands.

“You've got some good TV services already. We think we

? can improve on that,” Mr Shaw said. “In some of the small-
: er islands today, the choice is pretty limited. We think we can
: bring 16-20 channels of good quality TV into smaller mar-
? kets, so consumers can have more choice about what they
} watch - not in five years’ time, but the weeks and months
: ahead.”

Opportunity

Outlining CWC and LIME’s vision, Mr Shaw said the

? company saw itself working alongside governments in the
: territories it operated in to develop telecommunications
? infrastructure vital to economic growth and opportunity,
: social development and labour productivity.

“We see BTC, we see telecommunications as an oppor-

tunity to help with the economic, social and political devel-
} opment of the Bahamas and its economy,” he added. “We
? don’t think it’s five years away; it’s in the weeks and months
? ahead.”

Focusing on LIME’s work in St Vincent, Mr Shaw said

: provision of enhanced Internet bandwidth had created new
? employment opportunities by attracting DiscoveryWorks
? Legal to the island. This serves as a legal call centre and data
? storer/retriever, providing electronic discovery and other lit-
? igation support services to US attorneys, government enti-
: ties and corporate legal departments.

“Why can’t it be that the Bahamas is not providing this

service to the US market, which is 45 minutes away,” Mr
} Shaw asked.

In another CWC market, Guernsey, four of the world’s

top five e-gaming companies were based, attracted to the
? company’s high speed, controlled Internet infrastructure.

Guernsey, Mr Shaw said, had more bandwidth than South

Africa on an island “smaller than New Providence”. He
: added: “We’re trying to help that economy and these
; providers create employment and wealth for that market.”

CWC had also been instrumental in the provision of

? telemedicine and CCTV (Closed Circuit Technology) in
? Panama crime hot spots, Mr Shaw said, and enabled Ross
? University’s Dominica campus to access education pro-
? grammes online.

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

R & M Investment Services Limited

Notice is hereby given in accordance with Section 138 (8)
of the International Business Companies Act, (No.45 of
2000), the Dissolution of R & M Investment Services
Limited has been completed, a Certificate of Dissolution has
been issued and the Company has therefore been struck off the

Register. The date of completion of the dissolution was the
29th day of December, 2010.

Liquidator
Richard Anthony Altman

PKF BAHAMAS

Qualified and Trainee Accountants Required

The Nassau office of PFK, an International Accounting Firm, seeks to
recruit the following:

(1) Professional qualified persons with recognized accounting
qualifications. They must be eligible for membership in The Bahamas
Institute of Chartered Accountants and must have at least two (2) or
three (3) years post qualification experience. Only Bahamains need
apply. Preference will be given to applicants with proven audit and
assurance experience.

(2) Trainees with an accounting degree and eligible to write a profes-
sional examination. Only Bahamians need to apply.

In all cases, salary and benefits subject to negotiation.

Apply in writing to Human Resources Partner, PKF.
P.O. Box N-8335, Nassau Bahamas.







THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 5B





FROM page 1B

said BTC’s existing cost struc-
ture was “too high” and needed
to be reduced to prepare for
competition, hence the need to
restructure the company’s
workforce.

With BTC and the Bahamas
set to become one of LIME’s
three regional hubs, alongside
Barbados and Jamaica, Mr
Shaw added that while it was
too soon to determine precise
details, this structure meant that
while some jobs would leave
this nation, other posts would
also be transferred here.

Emphasising that CWC and
LIME remained “committed”
to addressing the concerns har-
boured by the two unions rep-
resenting BTC’s staff, Mr Shaw
said of the five-year business
plan being developed for the
state-owned incumbent: “We’re
pretty much there.

“We've been working on it
with the BTC management
team for the past couple of
months, and I’m pretty com-
fortable with where we’re at
internally on it. We’re almost
there. We’re in good shape.”

Declining to go into specifics,
Mr Shaw said LIME was also
receiving input from the Gov-
ernment and its privatisation
committee, allowing them to
critique the proposals, Mr Shaw
added: “It’s a five-year plan. It
deals with pretty much every
aspect of this, how we’re going
to improve service through to
how we’re going to expand and
improve the retail and distrib-
ution network, and to deliver
new products and enhance
capacity for consumers, busi-
nesses and the Government.”

Underlying the main busi-
ness plan were documents such
as technology, IT and support
services plans, and Mr Shaw
added: “It’s a pretty compre-
hensive piece of work.” The
business plan also dealt with
the right level of capital invest-
ment, and how this varied from
year to year, the industry aver-
age being 12-14 per cent of rev-
enues for this purpose per
annum.

The LIME chief executive
said CWC’s experience as the
imcumbent monopoly through-

LIME’s BIC plan ‘pretty much done’



DAVID SHAW

out the Caribbean, in 13 mar-
kets that had liberalised, would
serve BTC well in terms of
preparing it, and transforming
its internal culture, to prepare
for competition.

Noting that 49 per cent of
BTC would remain in the
hands of the Government and
Bahamian investors, Mr Shaw
said: “If you get that wrong,
you destroy all the value in it.
We know from experience,
know from our mistakes, that
you have a long way to come
back. If you get it right, in the
long run you create a business
that employs people, creates
great value for customers, and
delivers a decent return for
shareholders.”

Reducing BTC’s cost struc-
ture will be critical to readying
the business for competition,
Mr Shaw said, adding: “The
cost base is too high. It needs to
come down.” Currently, BTC’s
staff salary and benefit costs
are running at $90 million,
equivalent to almost one-quar-
ter or 25 per cent of its per
annum revenues, and the
LIME chief executive indicated
that Bahamian consumers were
supporting this by paying
above-market cellular phone
rates, something BTC was able
to levy due to its monopoly in
this segment.

“The reason that consumers
are paying $0.30 or $0.40 cents
a minute is because there is no
competition today in mobile,
and in any other market in the

Caribbean, they’d be paying in
the low double digits or high
single digits,” Mr Shaw
explained, depending on fac-
tors such as time of day the call
was made.

“You have to have a cost
base able to withstand passing
the pricing benefits on to con-
sumers. Competition arrives,
and if you do not anticipate the
competition, do not get ready
for it, and do not adjust your
pricing, the business loses mar-
ket share and profitability, and
in the long run employs less
people than would have been
employed in the first place.”

LIME was currently dis-
cussing BTC’s cost base with
the Government and privatisa-
tion committee, while the issue
was “part of the debate we
need to have with the unions”,
since it linked directly to the
staff restructuring to come via
early retirement/voluntary sep-
aration.

Committed

“We always remain open and
committed to talking with the
unions,” Mr Shaw said. “I’m
hoping that very soon we will
sit around the table to talk
about how they feel, all and any
concerns and issues they have.”

When it came to opposition
to BTC’s privatisation and the
$210 million sale of a 51 per
cent stake to CWC, Mr Shaw
told Tribune Business he
sensed some of it was political,
which he and the company
could do nothing about, and
“then there are some real and
genuine concerns about the pri-
vatisation” among BTC’s staff.

This, he added, was “very
understandable”, and LIME
would “love to have more dia-
logue about” it with the unions.

Mr Shaw acknowledged that
with LIME’s regional structure,
and desire to gain economies
of scale through consolidation
of some services, some jobs
would leave the Bahamas post-

LENNOX PATON

CouNSEL & ATTORNEYS-AT-LAW

EMPLOYMENT OPPORTUNITY

Lennox Paton is seeking an experienced Administrative Assistant

REQUIREMENTS

& minimum of 7 - 10 years experience working with litigation attomeys
Adeat in the preparation of legal documents and administrative

correspondence

Knowledge of the legal environment and fundamental subjects in law
Proficient in Microsoft Word, Excel, Quilook & Power Posnt
Good working knowledge of general office procedures, and use of office

equipment

PERSONAL ATTRIBUTES
© Must ke conscientious, thorough and organiced

* Must ment deadlines
* Must have good client liaison skills
* Require minimum supervision

Interested persons must submit a current resume no later than January 28, 2011.

HRmanager

OR

Human Resources Manager

Lennox Paton
P.O. Box N-4875

fhennospalon corm

privatisation, yet BTC would
gain in other areas as one of
three hubs.

“We run two regional cen-
tres today; one in Barbados,
one in Jamaica,” Mr Shaw
explained. “The Bahamas will
become a third regional centre.
What that means in practice, in
reality, is that some jobs will
transfer out of this centre, and
some jobs will transfer in.

“The exact puts and takes
are still pretty much a work in
progress.”

While initial competition
would come from Cable
Bahamas (possibly merged with
Systems Resource Group) and
other niche players and start-
ups, Mr Shaw said the “big
one” would come three years
after privatisation with the
arrival of a second mobile play-
er in the Bahamian market.
This, he added, could attract a

third, and possibly a fourth, cel-
lular player, although this could
be limited by the size of the
market.

“Tt’s a good two or three
years of work ahead to make
sure the business [BTC] is
ready for competition,” Mr
Shaw said. “The business has
been on a journey of improving
service, according to comments
from businesses and consumers.
We've got to continue that and
up its pace, delivering a whole
new suite of products and ser-
vices. For consumers, we have
to deliver real value and new
things.

“Competition will change the
landscape fundamentally and
forever, and the business needs
to be ready for that. ’m hoping
we can run towards it and
embrace it, and have a business
that builds on its promise.”

Mr Shaw said he would be

“very disappointed” if Bahami-
an businesses and consumers
did not see a “good difference”
in the first year of a post-pri-
vatisation BTC, adding that
delivering new products, ‘buy
and top up’ ease, value propo-
sition and ensuring the network
was equipped to deal with data
were “high on the agenda”.

“T think within the first year
that consumers need to be able
to look back and see a number
of differences. If we have not
made a good first impression, it
will be hard to recover,” Mr
Shaw said.

Shrugging off the writs filed
by the BTC unions to block the
sale, Mr Shaw said he was
“highly confident” that CWC
would complete the 51 per cent
majority stake purchase of
BTC.

The company was “running
as hard as we can” to support
the Government’s schedule,
and Mr Shaw said: “I’m pretty
optimistic. We certainly have
the cash, the capacity and the
wherewithal to get the deal
done.”






POSITIONS AVAILABLE FOR









pwe

SENIOR ASSOCIATES

PricewaterhouseCoopers has vacancies for qualified accountants whose
qualifications make them eligible for membership in the Bahamas Institute of
Chartered Accountants. Prospective candidates should have at least three (3)
recent years of public accounting and auditing experience and be computer











literate.

The positions offer challenging work in the financial services industry and
other areas of industry and commerce. The salary scale, which recognizes
different levels of experience and skill, is designed to reward high
performance. In addition, the Firm provides excellent medical insurance and











provident fund benefits.

Please submit an application letter with your Curriculum Vitae to:










Human Capital Leader

“Senior Associate Position”
PricewaterhouseCoopers

P.O. Box N-3910
Nassau, The Bahamas

> PICTET

1805

PICTET BANK & TRUST LIMITED

Invites qualified applicants for the following position:-

TRADER

EDUCATION AND EXPERIENCE:-

~At least five (5) years trading experience.
-In-depth knowledge in trading:~
World-wide Shares

Nassau, Bahamas

No phone calls please,

The Anglican Central Education Authority
is pleased to announce its Grade 7 Entrance Examination

The Entrance Examinations will occur on
Saturday, 5 Februay 2011, 8:30 a.m. - 12:30 p.m.
at each of the following Anglican Schools:

1. St. John's College, Stapledon Gardens

2. St. Anne's School, Fox Hill and Eastern Roads

3. Bishop Michael Eldon School, Freeport, Grand Bahama
4. St Andrew's Anglican School, George Town, Exuma

Applications can be collected from any Anglican School,
between 8:30 a.m. - 3:30 p.m. APPLICATIONS MUST BE
RETURNED TO THE SCHOOL THE CANDIDATE WISHES
TO ATTEND.

Applications will be accepted until the registration deadline
of 3:00p.m. Friday, 28" January 2011. NO APPLICATIONS
WILL BE ACCEPTED AFTER THIS DATE.



Third party funds
Bonds
Options
Futures
-Ability to speakwrite French would be an asset.
«Bachelor's Degree m Finance or related subject.
-Series 7 certification.
-Proficiency in a vanety of software applications including Microsoft Ottice Suite.

REQUIRED SKILLS:-

-Ability to work independently.

-Strong organisational skills.

“Commitment to excellent customer service,

-Must be a team player.

-Excellent oral and written communication skills.
-Excellent problem solving skills.

-Ability to work under pressure and to meet strict deadlines.

Please hand deliver Resume and two (2) references to:-
The Human Resources Manager
Bayside Executive Park
Building No. |
Nassau, Bahamas
APPLICATIONS MUST BE RECEIVED BY FRIDAY, JANUARY 28, 2011
ABSOLUTELY NO TELEPHONE CALLS WILL BE ACCEPTED

Offices im

Lewsanae, Gene, Zurich, Lecembourg, London, Mowtreal, Newson, Singapere, Tokyo, Hong Korg,
Frankfiet, Florence, Milan, Madrid, Paris, Ree ond Turin

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 7B





SG aU aaa hE
BU Ua eRe aa eS



LOOKING FOR WORK: Angela Harrington waits in line to attend
a job fair, Dec. 8, 2010 in New York.

CHIP CUTTER,

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

AP Photo/Mark Lennihan

Stocks dipped Thursday after a report found that more people
applied for unemployment benefits last week.

The Labor Department said first-time applications for unem-
ployment benefits rose 35,000 from the week before to 445,000. It
was the highest level since October and above what economists had
predicted.

"It was a disappointing number," said Kim Caughey Forrest, an
analyst at Fort Pitt Capital.

Merck & Co. fell 6.6 percent to $34.69 after announcing that clin- i

ical trials of its cardiovascular drug vorapaxar would be discon-

tinued for some patients. Merck fell the most among the 30 stocks :

that make up the Dow Jones industrial average. Home Depot
Inc., which gained 1.3 percent, led the index.

The Dow fell 23 points, or 0.2 percent, to 11,731.9. The Standard }
and Poor's 500 lost 2, or 0.2 percent, to 1,283.76. The Nasdaq

composite lost 2, or 0.1 percent, to 2,735.29.

Losses were spread across the market. Seven of the 10 compa-
ny groups that make up the S&P 500 fell. Materials companies had
the largest move, falling 0.8 percent.

Whole Foods Market Inc. jumped 4.6 percent to $52.31 after an }

analyst said that the company's shares would continue to rise
because its customers are willing to pay higher costs for food.
The company is up nearly 80 percent over the last year.

The Labor Department also reported Thursday that wholesale }
prices in December rose by the largest amount in nearly a year, as }
a result of higher energy and food costs. Most other prices rose only i
slightly, suggesting inflation isn't spreading through the econo- }
my. A decline in the dollar helped limit stock losses. The dollar lost i
1.1 percent against an index of six currencies after successful bond
auctions by Spain and Italy pushed the euro higher. The dollar's }
slide helps U.S. companies that rely on exports by making their }

prices more competitive overseas.

After the market closed, Intel Corp. reported that its income rose :

48 percent last quarter. That easily beat analyst estimates.

Bond prices rose, pushing their yields lower. The yield on the 10-
year Treasury note fell to 3.30 percent from 3.35 percent late }
Wednesday. That yield is used to set interest rates on many kinds ;

of loans including mortgages.

Four shares rose for every three that fell on the New York
Stock Exchange. Consolidated volume came to 4.4 billion shares. }

NOTICE

RIVER COUNTRY LIMITED
NOTICE IS HEREBY GIVEN as follows:
(a) RIVER COUNTRY LIMITED is in voluntary dissolution



Journalists to launch News Corp's iPad newspaper

RYAN NAKASHIMA,
i AP Business Writer
: LOS ANGELES

i: Stop the presses — com-
i pletely. The world's first iPad
? newspaper, The Daily, is prep-
? ping for launch.
i Journalists have been hired
? and are in place at multiple
: U.S. bureaus, including Los
? Angeles and New York.
i The formal announcement of
i the digital publication owned
? by News Corp. will be made at
i an event at the San Francisco
i Museum of Modern Art on
? Jan. 19, according to two people
i familiar with the matter. The
i people said the event will be
i attended by Steve Jobs, chief
i executive of iPad-maker Apple
? Inc., and Rupert Murdoch,
? CEO of News Corp.
i The people were not autho-
? rized to speak publicly and
i spoke on condition of anonymi-
i ty. Details are scant, including
? how much a subscription to the
? tablet-only paper will cost, if
i there is indeed a fee, but the
i name at least implies it will
i come out once a day. It will
? cover general news, culture and
? entertainment and will include
i video. The publication is a bold
i attempt by Murdoch to rewrite
: the business of journalism, as
? revenue from print circulation
? and advertising has plunged
i and growing advertising sales
? on websites have not made up
i the difference.
At an investor's conference
i last month, News Corp. Chief
? Operating Officer Chase Carey
i called The Daily a "small bet"
i because costs were limited
? mainly to a modest editorial
: staff. By contrast, printed news-
? papers also have such costs as
i newsprint, ink and delivery.
Carey touted the benefits of

SMITH of Bernard Road,





INTERNATIONAL
BUSINESS

tablet computing technology.

"We didn't want it for a PC,"
he said. "We think the tablet,
you know, is a unique experi-
ence. You can design some-
thing that takes advantage of
that experience, takes advan-
tage of the multimedia capabil-
ities of it, the technological
capabilities of it. I think it could
be an interesting product."

News Corp.'s other digital
initiatives are setting the pace in
a struggling industry.

The Wall Street Journal's
website has required a paid sub-
scription for 14 years and now
has nearly 450,000 electronic
subscribers, according to the
latest report by the Audit
Bureau of Circulations. The
newspaper charges $3.99 per
week for an iPad subscription,
which includes access to its
website. News Corp. won't say
how many people are paying,
but more than 1 million have
downloaded the app for free (it
contains some preview materi-
al, but full access is restricted).

In Britain, since July, News
Corp.'s The Times of London
and Sunday Times require at

NOTICE is hereby given that KIRKLAND JEREMIAH

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 from the 7 day of January, 2011
to the Minister responsible for nationality and Citizenship,
P.O. Box N-7147, Nassau, Bahamas.

Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

under the provisions of Section 137 (4) of the
International Business Companies Act 2000.

TULSA INVESTMENT LIMITED

In Voluntary liquidation

(b) The dissolution of the said company commenced
on the 12th January, 2011 when the Articles of
Dissolution were submitted to and registered by

the Registrar General.

Companies Act (No.

The Liquidator of the said company is Blue Seas
Administration Ltd., The Bahamas Financial
Centre,Shirley & Charlotte Streets, Nassau,
Bahamas

day of December 2010.

Dated this 14th day of January, A. D. 2011



Blue Seas Administration Ltd.
Liquidator

Notice is hereby given that in accordance with
Section 137 (4) of the International Business

45 of 2000), TULSA

INVESTMENT LIMITED, is in Dissolution.”

The date of commencement of dissolution is the 23rd

Tobias Reinmann
18 Rue le Corbusier
1208 Geneva
Switzerland

Liquidator

ROYAL FIDELITY
Moray at Work
co. FA Le

BISX LISTED & TRADED SECURITIES AS OF:
THURSDAY, 13 JANUARY 2011

E35 Es CAPITAL MARKETS
© BROKERAGE & ADYISORY SERVICES
&S eo

creer ca wT A T.

BISX ALL SHARE INDEX: CLOSE 1,490.63 | CHG 0.05 | %CHG 0.00 | YTD -8.88 | YTD % -0.59

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%

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

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0.97
9.67
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2.70
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2.36
5.40
1.63,
1.60
5.94
F ate
ee
B75
1.00

Securit_y
AML Foods Limited
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

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

Finco

FirstCaribbean Bank
Focol (S)

Focol Class B Preference

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2.40
6.85
2.07
1.60
6.07
Fae
9.39
5.51
1.00

Change Daily Vol.
0.00 4

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.04

0.00

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0.00

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0.00

0.00

10.21
2.40
6.85
24141
1.60
6.07
Fae
9,39.
5.51
1.00

5.00 7.40 7.40

9.82

10.00

ICD Utilities
J. S. Johnson 9.82 9.82 0.00
Premier Real Estate 10.00 10.00 0.00
BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
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Bahamas Note 6.95 (2029) BAH29 99.46 0.00
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RND Holdings

S2wk-Hi S2wk-Low

0.35 0.40 0.55
CFAL Securities Ltd. (OQver-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds
NAW YTD%
1.5179 5.51%
2.9474 2.10%
1.5740 A.44%
2.7202 12.72%
13.2825 -0.63%
114.3684
106.5528
1.1415
1.1101
1.1428

NAV 3MTH
1.498004
2.918697
1.555464

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund
Royal Fidelity Bahamas G & | Fund
Royal Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
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

Last 12 Months %
1.4076 6.90%
2.8300
1.4954
2.6522
13.0484
101.6693
99.4177
1.0000

2.09%
4.44%
4.63%
-0.14%
12.49%
7.18%
5.21%
7.60%
5.90%

9.98%
4.75%
4.74%
3.94%
4.78%

109.392860
100.779540

1.0000,
1.0000

9.1005

9.7950 4.85% 5.45%

10.0000

10.6417 -1.20% 0.50%

9.1708
9.6635 -3.37%
8.3979 8.82%
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

-3.37%
4.8105 8.82%
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00

52wk-Hi - 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

NAV - Net Asset value
N/M - Not Meaningful
P/E - Closing price divided by the last 12 month earnings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007

S41) - S-for-1 Stock Split - Effective Date 7/11/2007

EPS $
le)

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 =

Div $ Pie
0.150
0.013.
0.153
-O.877
0.168
0.016
1.050
0.781
0.422
oO.1114
0.107
0.357
0.287
0.645
0.366
0.000
0.012
0.859
0.991

17.0
25.2
14.6
1S
N/M
616.7
11.4
10.1

Interest Maturity
6.95% 20 November 2029
7% 19 October 2017
Prime + 1.75% 19 October 2022
7% 30 May 2013
Prime + 1.75% 29 May 2015

EPS $ Yield
-2.945
0.001

Div & P/E
0.000
0.000

4.540
0.002

0.000
0.000

NAV GMTH
1.475244
2.919946
1.538692

107.570619
105.776543

EPS $ - A company's reported eamings per share for the last 12 mths

100

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

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

least a one-pound payment to
access content beyond the front
page online. While online visi-
tors have plummeted, Carey
has been upbeat about the
financial prospects of the new
model, though he acknowl-
edged the businesses will take
years to build. The company's
push toward paid content
comes as its MySpace enter-
tainment site, which is free to
users, has lost hundreds of mil-
lions of dollars annually and
moved this week to slash half of
its staff, or about 500 people.

Newspaper publishers view
the iPad and other tablets as a
golden opportunity because
they can sell ads and subscrip-
tions at higher prices than they
have been able to get on web-
sites, though those rates are still
lower than for print.


















User behavior so far has indi-
cated that reading on the iPad
is more of a "lean back" expe-
rience akin to perusing a print
newspaper. Apple is the clear
leader of the tablet makers, sell-
ing an estimated 13 million
iPads since its launch in April,
but a bevy of electronics mak-
ers including Motorola Mobili-
ty Inc., Toshiba Corp. and Dell
Inc. showed off their tablets last
week at the International Con-
sumer Electronics Show in Las
Vegas. Technology research
firm Gartner Inc. expects that
55 million tablet computers will
be shipped this year.

The New York Times offers
a free iPad version of its news-
paper. Installed on about 1.5
million tablets, the app will
require a subscription later this
year.

SAINT AUGUSTINE’S
COLLEGE









2011 ENTRANCE EXAM








The Entrance

students wishing

Examination

for

to enter Grade

Seven at St. Augustine’s College for








September,

Deadline for

2011

Friday, January 28", 2011

registration

will be given

for. this

examination is Friday January 22%%2011

Eligible students
their Primary
St. Augustine’s
Students — in

Schools

Grade










may register at
or at
ONLY
be

College.
Six will

allowed to sit the Entrance Exam.

COMMONWEALTH OF THE BAHAMAS IN THE

SUPREME COURT

Common Law & Equity Division







2010

CLE/qui/01577

IN THE MATTER OF the Quieting Titles Act, 1959
AND
IN THE MATTER OF the Petition of SHIRLEY KAYE
AND

IN THE MATTER OF ALL THAT piece parcel or lot
of land situated in the Western District of the Island
of New Providence one of the Islands of the Com-
monwealth of The Bahamas and being Lot Number
90 on the Plan of the Subdivision called and known as
“Sunshine Park Estate’”’.

NOTICE

The Petition of SHIRLEY KAYE in respect of:-
“ALL THAT piece parcel or lot of land being Lot
Number Ninety (90) on the said Plan of the said Subdivision
called and known as “Sunshine Park Estate” laid out by the
Vendor and situated on the Western Side of Baillou Hill Road
approximately 1500 Feet South of the junction of Carmichael
Road and the said Baillou Hill road in the Western District of the
said Island of New Providence and which said piece parcel or lot
of land is bounded on the South by Lot No. Ninety-one (91) on
the said Plan and running thereon Eighty-nine and Nine tenths
(89.9) Feet on the West by land now or formerly the property of
Romar Investments Limited and running thereon Fifty (50) Feet
on the North by Lot No. Eighty-nine (89) on the said Plan and
running thereon Eighty-nine and Nine-tenths (89.9) Feet and on
the East by a Road Twenty-five (25) Feet Wide on the said Plan
and running thereon Fifty (50) Feet and which said piece parcel
or lot of land has such position boundaries marks shape and
dimensions as are shown on the said plan of the said Subdivi-
sion filed in the Department of Lands & Survey in the City of
Nassau as Number Four Hundred and Seventy-three (473) N.P.
Shirley Kaye claims to be the owner of the fee simple estate
in possession of the said piece or parcel of land free from
incumbrances. And the Petitioner has made application to
the Supreme Court of the Commonwealth of The Bahamas
under Section 3 of the Quieting Titles Act, 1999 to have her
title to the land investigated and the nature and extent thereof
determined and declared in a Certificate of Title to be granted
by the Court in accordance with provisions of the said Act.
NOTICE is hereby given that any person having a dower
or right to Dower or an Adverse Claim or a claim not rec-
ognized in the Petition shall on before the expiration of
Thirty (30) days after the final publication of these presents
file in the Supreme Court and serve on the Petitioner or
the undersigned a Statement of his claim in the prescribed
form verified by an Affidavit to be filed therewith. Failure
of any such person to file and serve an Adverse Oaim on or
before the expiration of Thirty (30) days after the final pub-
lication of these presents will operate as a bar to such claim.

Copies of the Petition and filed plan of the said land may
be inspected at:

1. The Registry of the Supreme Court, East Street North,
Nassau, Bahamas.

2. The Chambers of Messrs Mangra & Co.,
No. 20 Parliament Street.

Dated the 17th day of November, A.D. 2010

Mangra & Co.

No. 20 Parliament Street
Nassau, N.P.

The Bahamas





PAGE 8B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



Drilling chief seeking
higher fines for offences

MATTHEW DALY,
Associated Press
WASHINGTON

The Obama administration is consid-
ering ways to increase civil penalties for
companies that violate rules for offshore
drilling, a senior regulator said Thurs-
day.

Michael Bromwich, director of the
Interior Department's Bureau of Ocean
Energy Management, said current fines
of up to $35,000 per incident per day are
"patently inadequate to deter violations."

In a speech at the Center for Strategic
and International Studies, Bromwich said
legislation likely would be required to
make meaningful changes.

Bromwich praised a report this week
by a presidential panel investigating the
BP oil spill, and said his agency has
already begun many of the reforms the
report urges.

"The Deepwater Horizon tragedy has
shaken government — and I hope indus-
try — out of a complacency and over-
confidence that had developed over the
past several decades," Bromwich said.
Increased dangers of ultra-deep water
drilling "were not matched by increased
vigilance and concern for the safety of
those operations."

Bromwich said he understands the
frustration of the oil and gas industry
and its supporters, who accuse the Oba-
ma administration of moving too slowly
to allow new drilling in the Gulf of Mex-
ico. But he said new rules were needed to
keep pace with technological advances
and industry ambitions to drill in ever
deeper waters.

"A retreat on drilling safety is simply
not an option,” he said.

Carlton Carroll, a spokesman for the
American Petroleum Institute, the oil
industry's chief trade group, said industry
and the government have worked hard to
improve offshore safety since the BP spill

THE WEATHER oe eee (Fl) sees

5-Day FORECAST

Se GT! 15 tothe © mealber. [ean perdiares: are 0
highs and bonights’s lows



(AP Photo/Gerald Herbert, File)

? helped offset weakness in sales in chips for consumer PCs.

DISASTER: This April 21, 2010 file photo, the Deepwater Horizon oil rig burning after an explo- :

sion in the Gulf of Mexico, off the southeast tip of Louisiana.

last April. "While continued vigilance
on safety is essential, the time has come
to get back to work producing the ener-
gy the nation needs,” Carroll said.

"Too many people remain out of work,
and too much future energy and revenue
production are at risk should delay con-
tinue."

bree=zy

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AMERICAN AIRLINES HIRES

EU ee



: DAVID KOENIG,
? AP Airlines Writer
: DALLAS

American Airlines says ITA Software Inc. will provide tools to

help the airline sell more individualized offerings to passengers.

A top official at the airline says American wasn't swayed by

search giant Google Inc.'s pending acquisition of ITA, a deal that
? spooked some travel companies.

American's chief information officer, Monte Ford, said Thurs-

i day that new software will help the airline better manage its inven-
i tory and sell additional products and services.

As an example, Ford said, it would let American target a pas-

i senger whose flight is canceled with offers for first chance at seats
? on later flights, priority booking and hotel rooms.

AMR Corp.'s American is fighting with travel data provider

? Sabre and online travel agencies over how its tickets will be dis-
? played and sold. Orbitz and Expedia no longer list American
| : flights, and Sabre buried American flights in information it pro-
? vided to travel agents until the airline got a judge to temporarily
? block Sabre's move.

Ford said the ITA software will be used regardless of who sells

: the ticket, and won't affect the dispute with Sabre. He said Sabre
? and other data providers, called global distribution systems, bid
? against ITA. Contract terms were not disclosed.

ITA, which provides technology to run airline reservations, has

| : agreed to be acquired by Google for $700 million. A group of
| : travel companies led by Expedia Inc. oppose the deal, fearing
? that Google could use ITA to unfairly manipulate online travel
: searches and hurt competitors.

American has not taken a position on the Google-ITA deal,

: which is being reviewed by federal antitrust regulators.

AMR shares rose 2 cents to $8.46 in afternoon trading.

Intel's 40 net leaps 48 pct in sign of PG strength

JORDAN ROBERTSON,
? AP Technology Writer
: SAN FRANCISCO

Intel Corp. said Thursday that fourth-quarter net income rose 48
percent and revenue rose 8 percent, as sales of server chips have

As the world's No. 1 maker of computer processors, Intel has a

i pulse on consumer and corporate spending on technology. Its

? results help set the tone for other tech companies’ quarterly results.

Bromwich said new permits for deep- }

water drilling are likely to be issued in the

slower rate than before the spill.

a new deepwater permit, he said.

Net income was $3.39 billion, or 59 cents per share, for the last

\ : three months of 2010. In the same period in 2009, it was $2.28 bil-
first half of the year, but probably at a ; lion, or 40 cents per share. According to FactSet, analysts expect-
? ed 53 cents per share.

"T would be stunned if we wait until the :

third or fourth quarter" of 2011 to issue }

Revenue rose 8 percent to $11.46 billion. Analysts predicted
$11.38 billion.
In a statement, Intel CEO Paul Otellini says 2010 "was the best

; year in Intel's history."

ABACO
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

INSURANCE MANAGEMENT

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS







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Volume: 107 No.43



a

US ‘concerns’ over
Bahamas-China ties

ny’

New revelations in
WikiLeaks cables

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

CABLES released by Wik-
iLeaks reveal the United States
has been monitoring the grow-
ing ties between the Bahamas
and China, and expressed con-
cern that developments such as
Baha Mar will "leave the
Bahamas indebted to Chinese
interests for years to come.”

One US Embassy communi-
cation noted the high-profile
visit of top Chinese politician
Wu Bangguo, chairman of the
Standing Committee of the
National People’s Congress, in
late 2009 and outlined the
details of China's investments
in Baha Mar and the National
Stadium.

"Wu Bangguo, the highest
ranking Chinese official ever to
have visited the Bahamas,
praised the Bahamas on multi-
ple occasions for its adherence
to the ‘One China’ policy," said
the cable titled “Chinese offer
golden opportunities to the
Bahamas.”

"The Chinese appear com-
mitted to establishing a firm
financial hold on projects, such
as the Baha Mar, that will have
a major impact on the Bahami-
an economy and leave the
(Bahamas) indebted to Chinese
interests for years to come,"
said the cable written by US
Deputy Chief of Mission Tim-
othy Zufiga-Brown.

A statement released by the

SEE page eight

US DIPLOMAT ‘PRESSURED MINISTRY
OFFICIALS FOR CHINA TRIP DETAILS’

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

AUS diplomat pressured officials at the Ministry of Foreign
Affairs to reveal specifics of high-level trips to China during the
Christie administration, according to a WikiLeaks cable.

SEE page eight

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The I

a
far) ees
“© CELEBRATED CAREER

SEE PAGE TWO

ABOVE: Police at the scene after a man
was found dead in an apartment off
Carmichael Road.

RIGHT: Family of the man were
emotional at the scene.

THE badly decomposing body of a man
was found in an efficiency apartment off
Carmichael Road yesterday.

Police, who had been alerted by concerned
neighbours, had to break down the door of
the one-room unit after discovering the apart-
ment had been locked from the inside.

Upon entry, they found the body of 48-
year-old Andrew Miller.

Reportedly, there were no obvious signs of
trauma to his body.

According to neighbours, Mr Miller was
last seen some time on Monday.

A crime scene officer told The Tribune:
“Because he was not seen in a few days, his
neighbours came to check on him. In check-
ing, they discovered there was an odour.”

Although officers discovered some blood
on the ground around the body, they believe
it could be as a result of the decomposition,
and as yet, no classification has been made on
how Mr Miller met his death.

The officer added: “We cannot say at this
time.

“Once an autopsy has been done, I guess
we can say exactly what happened. But at this
point we don’t want to speculate.”

vit
TU ted Aa yet

Wulff Road Opposite Mackey Street
Tel: 393-0572, 393-8006, 393-3513
Pane Benge) ee =k are ne eee



ribune

LATEST NEWS ON WWW.TRIBUNE242.COM



2 WAKE UP!

Sausage & Eqg
Burrito



ILLEGAL GUN
FOUND ON MAN
IN WHEELCHAIR

POLICE plan to bring sever-
al charges against persons found
in possession of illegal weapons
this week, one of whom is a
paraplegic.

Officers found an illegal 9mm
pistol in the handicapped man’s
pants pocket on Wednesday
evening.

The gunman, who was con-
fined to a wheelchair, came
under the scrutiny of officers
from the Selective Enforcement
Unit (SET) during their patrol

SEE page nine




Tim Clarke/Trbune stat | ll



MAN ACCUSED OF MURDER CLAIMS
HE WAS BEATEN BY THE POLICE

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

A MAN alleged to have com-
mitted the year’s second murder
claimed yesterday he was brutally

MARSHALLTOWN

Vic ae el ote



NASSAU AND BAHAM

ISLANDS? LEADING NEWSPAPER

beaten while in police custody.
Winston Gibson, 21, is charged
with gunning down Rudolph
Forbes on the porch of a house in
Bishop Way, Windsor Place, off

SEE page nine

SOO Cee ee meee eee

WE HAVE EVERYTHING YOU NEED TO BUILD IT RIGHT!
Cremer eee oe) se eee ele ee





PAGE 2, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



LOCAL NEWS





Member of Parliament
and former PLP
deputy leader Cynthia
Pratt, affectionately
known to many as
“Mother” for her
decades of generosity
and service to the
community, will be
stepping out of the
political arena after 14
years of service. She
took the time to sit
down with The
Tribune this week to
look back on her cele-
brated career and life.

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

G G MOTHER?” Pratt
has been a woman
of many firsts — first
female deputy prime

minister, first female minister
of national security, first female
to read the annual budget and
first woman acting prime min-
ister, to name just a few.

Many would argue that her
legacy and contribution to the
Bahamas has been unparal-
leled.

Sitting down with The Tri-
bune, “Mother” reflected on
her accomplished career as a
nurse, teacher, politician and
community activist.

Born in 1945, Cynthia Moxey
came from humble beginnings.

She learned the meaning of
dedication and perseverance
early on, often assisting her
mother who worked as a ven-
dor in the straw market on Bay
Street. Growing up in hardship
as the 13th child in a large fam-
ily of 16, “Mother” learned at
an early age what it takes to

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graduation in emergency or critical care Medicine

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* attractive Compensation Package

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Tim Clarke/Trinune staff

A CHERISHED LEGACY AND CONTRIBUTION: Cynthia Mother Pratt speaks to Tribune reporter Celeste Nixon one on one yesterday and reflects on her celebrated career.

survive. “It started a drive in
me to represent the poor, as I
am the poor,” she said.
During adolescence and ear-
ly adulthood, Mother Pratt pur-

AAS

Flight





EAC

sued sports in a way to not only
excel but also impact others,
and played volleyball, basket-
ball and softball, competing
locally and on the international
level.

Mother Pratt entered
Princess Margaret’s School of
Nursing in 1960, was graduated
and spent the next 17 years in
the field.

“T always wanted to passion-
ately serve the people, I just
never thought it would lead me
into public service,” she said.

Moving into the educational
field, Mother Pratt concentrat-
ed on children from the heart of
the inner city and was able to
impact and touch the lives of
many.

She described her life as one
of giving and stressed how
important it was for her to
make a difference to people
around her.

Driven to further her acade-
mic career, Mother Pratt
enrolled at St Augustine Col-
lege in Raleigh, North Carolina
where she received a Bachelor
of Arts degree, majoring in
health and education with a
minor in sociology. In Febru-
ary, 1995 she was awarded an
honorary doctorate degree
from the university.

For more than 20 years,
Mother Pratt-
single-handedly secured schol-
arships for numerous Bahami-
ans at her alma mater, giving
inner city youths an opportu-
nity that changed their lives.

ONE

Sa ea
saat

ee a

Wa

aes



“I hope people remember me as a
person of humility. No matter what
my position, I remained in touch with
my people and served to the best of
my ability. I hope I am remembered
as one who loved God and was des-
tined to bring about change for the bet-

ter.”



Speaking affectionately
about the youths of the St
Cecilia community, where she
lives and which she represented
in parliament, Mother Pratt
said: “I want to be able to say
that I made a difference in the
life of my people. I never saw
myself as a politician, I still
don’t.”

“Mother” said that when she
was first approached by the late
Sir Lynden Pindling to run as a
candidate for St Cecilia, she was
very apprehensive.

“That’s why we need you,”
was the former PM’s reply
when she expressed her fears.
“Tt’s because you are not a
politician — think about how
many of the masses you can
help.”

She was first elected in
March 1997, re-elected in the
general election of 2002 and
was appointed the first female
deputy prime minister and min-
ister of national security in the
same year.

ll

TPVRSLY | RFS?

Mother Pratt explained that
she has not achieved everything
she wanted, but has certainly
made an impact.

“T hope people remember
me as a person of humility. No
matter what my position, I
remained in touch with my peo-
ple and served to the best of
my ability. I hope I am remem-
bered as one who loved God
and was destined to bring about
change for the better.

“My thought was, if we
address inner city issues, other
problems will be eliminated.

“Tt is my hope that our coun-
try sees the need to use people
for their views and not political
persuasions. People need to
care about the country and not
get caught up in the politics.”

When asked about her
proudest moments, Mother
Pratt listed the United Nations
Humanitarian award she
received in 2004 and her induc-
tion into the Bahamian Hall of
fame in October of last year.



With the end of her political
career approaching, Mother
Pratt wanted to thank the many
who have assisted her over the
years, and the sponsors with-
out whom all her community
projects, building repairs and
assistance programmes would
not have been possible.

She said she especially want-
ed to thank former prime min-
ister Perry Christie for allow-
ing her to serve in his govern-
ment.

She said: “Perry Christie had
the confidence in me, granting
me the opportunity to serve. I
thank him from the bottom of
my heart for permitting me to
be a part of his Cabinet and his
deputy.”

Recently ordained as a Pas-
tor, “Mother” intends to con-
tinue serving the community
through the church, primarily
focusing on at-risk youths.

She said: “I will still serve in
some capacity but I will no
longer be on the front-line of
politics — I want to continue
being a voice for the poor; that
voice will never die”

“T was involved with the
community long before I
entered politics and that’s what
I am going back to, it is where
my heart is.”

Mother Pratt will also be
launching her autobiography,
No Equal to God’s Chosen: A
leader’s rise from poverty to des-
tiny,’ in the early part of this
year.

(RA AS

rm lovin’ it

Bue bg



Full Text

PAGE 1

N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R V olume: 107 No.43FRIDAY, JANUARY 14, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 W EATHER CLOUDY, ASHOWER HIGH 73F LOW 63F By TANEKA THOMPSON Tribune Staff Reporter tthompson@tribunemedia.net CABLES released by Wik iLeaks reveal the United States has been monitoring the grow ing ties between the Bahamas and China, and expressed con cern that developments such as Baha Mar will "leave the Bahamas indebted to Chinese interests for years to come." One US Embassy communication noted the high-profile visit of top Chinese politician Wu Bangguo, chairman of the Standing Committee of the National Peoples Congress, in late 2009 and outlined the details of China's investments in Baha Mar and the National S tadium. "Wu Bangguo, the highest ranking Chinese official ever to have visited the Bahamas, praised the Bahamas on multi ple occasions for its adherence to the 'One China' policy," said the cable titled Chinese offer golden opportunities to the Bahamas. "The Chinese appear committed to establishing a firm financial hold on projects, such as the Baha Mar, that will have a major impact on the Bahami an economy and leave the (Bahamas interests for years to come," said the cable written by US Deputy Chief of Mission Timothy Ziga-Brown. A statement released by the M cCOMBO O F THE DAY N E W The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM US concerns over Bahamas-China ties I N S I D E MOTHER PRATT REFLECTS ON HER CELEBRATED CAREER S EEPAGETWO FREETODAY: YOUR SPORTS WEEKLY SECTION SEE page eight P OLICE plan to bring severa l charges against persons found in possession of illegal weapons this week, one of whom is ap araplegic. Officers found an illegal 9mm pistol in the handicapped mans pants pocket on Wednesday evening. The gunman, who was confined to a wheelchair, came u nder the scrutiny of officers f rom the Selective Enforcement U nit (SET New revelations in WikiLeaks cables THE badly decomposing body of a man was found in an efficiency apartment off Carmichael Road yesterday. Police, who had been alerted by concerned neighbours, had to break down the door of the one-room unit after discovering the apart ment had been locked from the inside. Upon entry, they found the body of 48year-old Andrew Miller. Reportedly, there were no obvious signs of trauma to his body. According to neighbours, Mr Miller was last seen some time on Monday. A crime scene officer told The Tribune : Because he was not seen in a few days, his neighbours came to check on him. In check ing, they discovered there was an odour. Although officers discovered some blood on the ground around the body, they believe it could be as a result of the decomposition, and as yet, no classification has been made on how Mr Miller met his death. The officer added: We cannot say at this time. Once an autopsy has been done, I guess we can say exactly what happened. But at this point we dont want to speculate. DECOMPOSING BODY OF MAN FOUND IN APARTMENT ABOVE: Police at the scene after a man was found dead in an apartment off Carmichael Road. RIGHT: Family of the man were emotional at the scene. By NATARIO McKENZIE Tribune Staff Reporter nmckenzie@tribunemedia.net A MAN alleged to have com mitted the years second murder claimed yesterday he was brutally beaten while in police custody. Winston Gibson, 21, is charged with gunning down Rudolph Forbes on the porch of a house in Bishop Way, Windsor Place, off MAN A CCUSED OF MURDER CL AIMS HE W AS BEA TEN BY THE POLICE SEE page nine ILLEGAL GUN FOUND ON MAN IN WHEELCHAIR SEE page nine By TANEKA THOMPSON Tribune Staff Reporter tthompson@tribunemedia.net A US diplomat pressured officials at the Ministry of Foreign Affairs to reveal specifics of high-level trips to China during the Christie administration, according to a WikiLeaks cable. SEE page eight US DIPLOMAT PRESSURED MINISTRY OFFICIALS FOR CHINA TRIP DETAIL T i m C l a r k e / T r i b u n e s t a f f

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By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net MOTHER Pratt has been a woman of many firsts first female deputy prime minister, first female ministerof national security, first female to read the annual budget and first woman acting prime minister, to name just a few. Many would argue that her legacy and contribution to the Bahamas has been unparal leled. Sitting down with The Tri bune, Mother reflected on her accomplished career as a nurse, teacher, politician and community activist. Born in 1945, Cynthia Moxey came from humble beginnings. She learned the meaning of dedication and perseverance early on, often assisting her mother who worked as a ven-dor in the straw market on Bay Street. Growing up in hardship as the 13th child in a large fam ily of 16, Mother learned atan early age what it takes to survive. It started a drive in me to represent the poor, as I am the poor, she said. During adolescence and ear ly adulthood, Mother Pratt pursued sports in a way to not only excel but also impact others, and played volleyball, basketball and softball, competing locally and on the international level. Mother Pratt entered Princess Margarets School of Nursing in 1960, was graduated and spent the next 17 years in the field. I always wanted to passionately serve the people, I just never thought it would lead me into public service, she said. Moving into the educational field, Mother Pratt concentrat ed on children from the heart of the inner city and was able to impact and touch the lives of many. She described her life as one of giving and stressed how important it was for her to make a difference to people around her. Driven to further her academic career, Mother Pratt enrolled at St Augustine Col lege in Raleigh, North Carolina where she received a Bachelor of Arts degree, majoring in health and education with a minor in sociology. In February, 1995 she was awarded an honorary doctorate degree from the university. For more than 20 years, Mother Prattsingle-handedly secured schol arships for numerous Bahamians at her alma mater, giving inner city youths an opportunity that changed their lives. Speaking affectionately about the youths of the St Cecilia community, where she lives and which she represented in parliament, Mother Pratt said: I want to be able to say that I made a difference in the life of my people. I never saw myself as a politician, I still dont. Mother said that when she was first approached by the late Sir Lynden Pindling to run as a candidate for St Cecilia, she was very apprehensive. Thats why we need you, was the former PMs reply when she expressed her fears. Its because you are not a politician think about how many of the masses you can help. She was first elected in March 1997, re-elected in the general election of 2002 and was appointed the first female deputy prime minister and min ister of national security in the same year. Mother Pratt explained that she has not achieved everything she wanted, but has certainly made an impact. I hope people remember me as a person of humility. No matter what my position, I remained in touch with my people and served to the best of my ability. I hope I am remembered as one who loved God and was destined to bring about change for the better. My thought was, if we address inner city issues, other problems will be eliminated. It is my hope that our country sees the need to use people for their views and not political persuasions. People need to care about the country and not get caught up in the politics. When asked about her proudest moments, Mother Pratt listed the United Nations Humanitarian award she received in 2004 and her induc tion into the Bahamian Hall of fame in October of last year. With the end of her political career approaching, Mother Pratt wanted to thank the many who have assisted her over the years, and the sponsors without whom all her community projects, building repairs and assistance programmes would not have been possible. She said she especially want ed to thank former prime minister Perry Christie for allowing her to serve in his government. She said: Perry Christie had the confidence in me, granting me the opportunity to serve. I thank him from the bottom of my heart for permitting me to be a part of his Cabinet and his deputy. Recently ordained as a Pas tor, Mother intends to continue serving the community through the church, primarily focusing on at-risk youths. She said: I will still serve in some capacity but I will no longer be on the front-line of politics I want to continue being a voice for the poor; that voice will never die I was involved with the community long before I entered politics and thats whatI am going back to, it is where my heart is. Mother Pratt will also be launching her autobiography, No Equal to Gods Chosen: A leaders rise from poverty to destiny, in the early part of this year. L OCAL NEWS P AGE 2, FRIDAY, JANUARY 14, 2011 THE TRIBUNE A LIFE OF GIVING T im Clarke / Trinune staff ACHERISHEDLEGACYANDCONTRIBUTION: Cynthia Mother Pratt speaks to Tribune reporter Celeste Nixon one on one yesterday and reflects on her celebrated career. INTERVIEW WITH CYNTHIA PRATT Member of Parliament and for mer PLP d eputy leader Cynthia Pratt, affectionately known to many as Mother for her decades of generosity and service to the community, will be stepping out of the political arena after 14 y ears of service. She took the time to sit down with The Tribune this week to look back on her celebrated career and life. T i m C l a r k e r / T r i b u n e s t a f f I hope people r emember me as a person of humility. No matter what my position, I remained in touch with my people and served to the best of my ability. I hope I am remembered as one who loved God and was destined to bring about change for the better

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By DENISE MAYCOCK T ribune Freeport Reporter d maycock@tribunemedia.net F REEPORT Two persons were killed and a third was seriously injured when two vehicles collided and erupted into flames on the Grand Bahama Highway onW ednesday night. The badly burned bodies of a Haitian man and Bahamian woman were discovered ino ne of the vehicles, a Cherokee Jeep. Their deaths have been c lassified as the first and sec ond traffic fatalities on Grand Bahama for 2011. A lthough police have not y et released the identities of the deceased, The Tribune has learned that the victims are Maure Noel, 28, of No 26C N ansen Avenue, and Jacinta Colebrooke of No 2 Columbus Drive. The male driver, who was injured in the second vehicle,a Ford Expedition SUV, is detained at the Rand Memorial Hospital. His identity and condition were not known up to press time yesterday. Police liaison officer Asst S upt Loretta Mackey report ed that police received a report around 10.15pm on Wednesday that two cars,w hich had been involved in an accident, were on fire. Upon arrival at the scene n ear Gold Rock Construction, firefighters and police found a Ford Expedition anda Cherokee Jeep engulfed in f lames. The driver of the Ford was t aken to hospital by ambulance while the remains of Mr Noel and Ms Colebrooke were removed from their Jeep and taken to the morgue. A rsene Dieugste said he received the news of his brothers death from police yesterday morning. I feel very, very bad when police called me and tell my b rother died in car accident, he said. Mr Dieugste said his broth er, who was the father of a y oung child, has been in the Bahamas for 13 years and was employed part-time. M s Colebrooke was the mother of two teenage daugh ters. W hen T he Tribune v isited t he Colebrooke residence on Columbus Drive yesterday, t wo policewomen from the Police Victims Care Unit were counselling the two daughters. ASP Mackey said investi g ations are continuing into the incident. LOCAL NEWS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM P ROSECUTORS yesterday presented a Voluntary Bill of Indictment in the caseof three men accused of a r obbery at First Caribbeans Sandy Port location last July. G arth Hall, Sean Lightb ourne and Theodore Ash w ere arraigned before D eputy Chief Magistrate Carolita Bethel yesterday. T he men were charged with two counts of armedr obbery, two counts of possession of a firearm with the intent to endanger life, one count of damage, one count o f stealing and one count of receiving. It is alleged that the men o n Wednesday, July 28, w hile armed with a handgun and an AK 47 assault rifle, r obbed the First Caribbean B ank branch of a total of $30,317. It is also alleged that the two men were in possessionof firearms with intent to endanger the lives of WPC2 040 Gardiner and PC 9 Burr ows. Prosecutor Basil Cumber b atch yesterday presented a Voluntary Bill of Indictment so that the case can be fasttracked to the Supreme Court. The men who are currently on remand are expect ed to be arraigned beforeS enior Justice Jon Isaacs on April 1. REPORTS that the PLP is seeking to run BCPOU pres ident Bernard Evans as their next candidate for the NorthA ndros constituency were d enied yesterday by the areas current MP. Describing the reports as utter nonsense, Vincent P eet told T he Tribune t hat M r Evans brother is one of his top generals and that the union leaders relatives are among his biggest supporters. It cant happen. People just enjoy mischief making thats all that is, he said. As he is one of party leader Perry Christies strongest supporters, Mr Peet said, there may be some in the party who want to pick him off but these efforts will ultimately fail as his support in North Andros is stronger than ever. Even if (Prime Minister Hubert) Ingraham went in there, I would beat him, the MP said. His comments came after sources in the PLP suggested that there was a plan afoot within the party to remove Mr Peet and replace him with Mr Evans in the run-up the2012 general election. This move, one of them said, could spark an all out war in the party. Obviously Mr Evans is very vocal in the BCPOU, but that is the BCPOU. This is the PLP; this is politics. This is us dealing with the lives of the Bahamian people and obviously this contradicts everything that we are about in the PLP, he said. Another source said cer tain senior party officials are continuing to meddle and move people into places where they think they can just walk into the party and go into an area having done no work. These people have no connection with the residents there, and in my opinion they are minority candidates. Itsas if they are deliberately seeking to make the PLP an opposition party once again. Repeated attempts to reach Mr Evans for comment on the matter were unsuccessfulup until press time last night. North Andros MP denies reports about Evans being next PLP candidate Voluntary Bill of Indictment presented in robbery case V a n d y k e H e p b u r n / P h o t o Vehicles erupt into flames in fatal crash on Grand Bahama Highway WITNESSES called to testify in Bishop Earl Randolph Frasers trial yesterday admit ted that they could offer no evidence relating to the unlawful sex claims against him. A pastor at Pilgrim Baptist Temple on St James Road, Bishop Fraser has pleaded not guilty to having sex with a 16-year-old girl between July 2005 and February 2006. Four witnesses were recalled yesterday for cross-examination by lead prosecutor Franklyn Williams. Witnesses Carmel Penn, Ruth Edgecombe, Leroy Major and John Forbes, who is Bishop Frasers brother, all said that they could offer no evidence concerning the charges. Also taking the witness stand was Sabrina Woodside, a deaconess and chief protocol officer at Pilgrim Baptist Temple. She recalled that while attending the worship service on Palm Sunday in 2006 she heard a commotion. I figured it was a scene of a play, she said. She told the court that a woman and a man stormed into the church and proceeded to the altar. Mrs Woodside said the woman pointed towards Bishop Fraser shouting, See him there. She told the court that Bishop Fraser got up and walked to his office. Kenneth Brice was also called to the witness stand yesterday. He admitted that he could offer no evidence clarifying why semen was found on the carpet in the Bishops office. The trial resumes before Deputy Chief Magistrate Carolita Bethell today. Bishop Fraser remains on $10,000 bail. He is represented by attorney Wayne Munroe. Witnesses admit they could offer no evidence in Bishop Frasers trial HORRIBLE CRASH: Pictured are the remains of the Jeep Cherokee involved in the fatal crash that claimed the life of two people. One of the victims, Maure Noel (inset badly burned in the crash. court NEWS

PAGE 4

E DITOR, The Tribune. In their advertisement for a meeting at R M Bailey Park the unions said that their agenda was to educate Bahamians on the real issues as hereunder: I do not know who drafted this notice but it seems that they a re blind or are deaf. ) National development through liberalization and com petition. As far as I am aware, Cable and Wireless is a well-known telecommunications company with partners throughout the Caribbean and elsewhere. They a re in a better position than the unions to develop The Bahamas old telecommunica tions functions. Liberalization and competition my understanding is that the BTC will be upgraded first in order for it to better compete with the newer operat ions because after an agreed period competitors will be allowed to enter the market. BTC only makes money while it is protected from other companies. ) The privatization of BTC in a manner that supports national development. T his is the same as No 1 above where C&W will set about to upgrade BTC to world standards and make it a viable entity to compete with the newer emerging telecommunications companies. ) Bahamian ownership of BTC through the purchase of s hares. This has been widely publicized from the outset that shares will be offered to the public. Are these people blind or deaf? ) The empowerment and advancement of Bahamian workers. A general statement which probably sounds good. However, how can workers advance if they do not learn? C&W is in a better position than the unions to train Bahamians in the modern tech niques than the unions who are accustomed to the old systems n ow being employed. Finally, the best thing about C&W is that there will be low er charges to customers and better management. Now, why would Bahamians of any stripe or visitors not prefer better service? Anyone who does not want t his for Bahamians must be against the welfare of Bahamians because we all want to save money and obtain optimum telecommunication services. So the crux of the argument is that Cable and Wireless means better service for all at lower costs with dividends for our national coffers and opportunities for entrepreneurs. Why would anyone not want this? ADVOCATE FOR Bahamas Telecommunications for Bahamas Nassau, January 12, 2011. EDITOR, The Tribune. There is a lot of noise comi ng out of many mouths on the BTC issue, and many of those barrels have lost their c redibility to speak on the issue, because they are onlyr eacting. The politicians who were trying to do worse than what the government is doing now, the union leadership whoh ave not held their members responsible for the way that t hey discharge their duties to a paying public, and all of this b eing carried out under the cloak of Bahamianisation. Y ou cannot Bahamianise what you already own, and if you want to privatise a busi n ess you cannot use the government as a surety of any s ort. A s an aside, I listen to the story of the local air charters w ho have to struggle with the increases that Bahamasair d oes not have to deal with and we begin to see how costl y it is to be in private business, and these companies h ave to compete with Bahamasair, a company that has direct access to the public treasury. Some may be wondering w hy the BTC squabble is not g etting the publics support? The public understands moret han the people making noise that this culture has not matured enough to make d ecisions that are fair to all a nd sundry, and we have sort of jumped the gun on the wanting to privatize anything in this country because there i s a glaring absence of effective Conflict of Interest and Anti-Trust Legislation to prot ect those who would enter b usiness arrangements. The f act that lawyers and politic ians seldom go to jail is evid ence of this. B ahamians would prefer Bahamians to possess and own the instruments that gen-e rate wealth for Bahamians, but we are caught between a rock and a hard place as we try to sort out what is needed. D arron Cash is right but only i n the sense that sometimes you have to take your mess age beyond the point that y ou want to make if you want to make a point, but we have to realise that effective priv atisation requires an atmosphere that is alien to this very y oung socio-political culture. We are still looking out for our mothers, sisters, uncles,n ephews child and this thing a bout who you know is still causing pain for many. However, a move has to be made. The news from the north, tells us of the struggleV erizon had to get into a market that ATT had a stranglehold on for many years, and t he amount of rejoicing that happened when thea nnouncement was made that Verizon had brought competitiveness, resounded all over the US and to think that this struggle took place in ane nvironment that has a culture of privatisation gives us a n indication that it is going to take more than talk, and stirr ing up the publics emotions about our things. W hat remains to be seen is that those who are speaking for Bahamians really have t heir interest at heart and that this exercise will not result on a run on the Public Treasury o r the funds at NIB. The reality is this. I f privatisation happens and the money does not come f rom private entities in combination with the government, m ost of it will have to come from the two aforementioned s ources. The absurd possibility of the Bahamian public having to pay this bill should not be seen as far fetched. E DWARD HUTCHESON N assau, January 12, 2011. E DITORIAL/LETTERS TO THE EDITOR P AGE 4, FRIDAY, JANUARY 14, 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 I nsurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES Switchboard (News, Circulation and Advertising A dvertising Manager (242 Circulation Department (242 Nassau Fax: (242 F reeport, Grand Bahama: 1-(242 WEBSITE www.tribune242.com updated daily at 2pm WASHINGTON Politicians of all stripes are bound to be haunted by Rep. Gabrielle Giffords' warning, 10 months before she was shot, to cool the rhetoric. It's been a year or more of raw politics, with anger spilling over on both sides and gun-related metaphors coming loosely from the lips of some candidates and activists. Giffords, a figurative target of the right, on Saturday became the actual target of a gunman who shot her through the head and killed at least five others. She was critically wounded. The gunman's motive is not known. But in Pima County, Ariz., Sheriff Clarence Dupnik suggested "all this vitriol" in recent political discourse might be connected to Saturday's shootings. "This may be free speech," he told reporters, "but it's not without consequences." Whatever the motive, the toxic tone of the national debate is certain to draw greater scrutiny. "We do know that politics has become too personal, too nasty and perhaps too dan gerous," said Jonathan Cowan, president of the centrist Democratic group Third Way. "Perhaps out of this senseless act some sense can return to our public discourse." In the aftermath of the rampage, the House's newly installed Republican leaders postponed Wednesday's scheduled vote to repeal the new health care law, the issue at the centre of the harshest criticisms of Gif fords and many other Democrats for the past two years. Lawmakers from both parties were deeply shaken. Many lawmakers, especially Democrats, felt the 2009-2010 debate over health care sometimes got out of hand. It began with emotional town hall meetings in the summer of 2009, when some critics warned of government "death panels." Giffords, 40, was among lawmakers who reported 42 threats or acts or vandalism in the first three months of 2010, a big increase over the previous year, law enforcement officers said. Nearly all the threats dealt with the massive health care bill that Giffords and other Democrats enacted over fierce Republican opposition. In March, someone kicked in or shot out a glass door and side window at Giffords' office in Tucson, a few hours after the House passed the health care measure with her help. Giffords also was among about 20 Democrats opposed in last fall's elections by Sarah Palin, the 2008 GOP vice presidential nominee. Palin's Facebook page in March posted a U.S. map with the crosshairs of a gun scope imposed over each of the 20 Democrats' districts. Gun imagery appeared in various ways in the campaign, often not connected at all with gun rights. "We're on Sarah Palin's targeted list," Giffords said at the time. "The way that she has it depicted has the crosshairs of a gun sight over our district. When people do that, they've got to realize there are consequences to that action." Palin's Facebook page had the following comment in the hours after the shooting: "My sincere condolences are offered to the family of Rep. Gabrielle Giffords and the other victims of today's tragic shooting in Arizona." Ferocious comments, and even occasional violence, certainly animate American politics from time to time; witness the bloody drive for racial equality and desegregation, and the anti-war protests, of the 20th centu ry. The question now, and again, is how much is too much, and how hot is too hot, in political discourse. "Anger and hate fuel reactions," said Democratic Rep. Raul Grijalva, whose Arizona district also includes parts of Tucson. He said he was not assessing blame, and Saturday's shootings might be the work of "a single nut." But he said the nation must assess the fallout of "an atmosphere where the political discourse is about hate, anger and bitter ness." The Jewish Council for Public Affairs said in a statement: "While we do not know the motives for today's attack, we do know that it cannot be viewed apart from the climate of violence and the degradation of civ il society that are anathema to democracy." The suspected shooter, Jared Loughner, complained about the government in online diatribes that also spoke in scattered ways of currency, terrorism and "mind control." But what might have driven him to violence has not been established. "We don't yet know what provoked this unspeakable act," President Barack Obama said from the White House. "We are going to get to the bottom of this." (This article was written by Charles Babington of the Associated Press). A lot of noise on BTC issue LETTERS l etters@tribunemedia.net Tucson rampage casts light on toxic tone Why would Bahamians of any stripe or visitors not prefer better service? EDITOR, The Tribune. A new catch-word of Medical Tourism is being said quite often but unless the government pro-active ly initiates and includes the Medical Tourism projects so they receive the same incentives as an hotel time-share this will just pass and yet again because of red-tape, lack of vision will have missed the proverbial boat. The Prime Minister as Minister of Finance has to include this sector where a facility is developed to provide rental rooms and medical services will receive all the duty-free incentives offered to the Atlantiss Baha Mars of this world. If we dont then we will have yet again missed the ship. ABRAHAM MOSS Nassau, January 11, 2011. Medical Tourism catch-word

PAGE 5

THE Ministry of Public Works and Transport is advising the motoring public that a temporary road closure and traffic diversions will be carried out on sections of East Street to allow for the completion of drilling works starting on Monday, January 17, and continuing for approximately three days. Motorists are asked to observe the traffic management signs in place and travel with caution while the work is being carried out. Detours will be clearly marked to allow for the safety for pedestrians and motorists, the ministry said. The Ministry of Public Works and Transport takes this opportunity to thank the public for their continued support and patience during the construction period. We apologise for any inconvenience that the closure may cause and request that the public use the alternate routes provided. ROAD DIVERSIONS: East Street South Motorists travelling northbound should divert through Zion Boulevard, use Antonio Drive and Victoria Boulevard as alternate routes and continue on East Street South to their destination. Zion Boulevard Motorists travelling eastbound should use Antonio Drive and Victoria Boulevard as alternates. Bamboo Boulevard Motorists travelling westbound should use Zion Boulevard, Antonio Drive and Victoria Boulevard as alternates. LOCAL NEWS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Consumer Guide Best Buy!The restyled Honda Civic is what every driver looks for. Interior comfort, good looks and superior safety make Civic one of the worlds most popular compact sedans and a Consumer Guide Best Buy. Features: 4-cylinder engine 26 mpg city, 34 mpg hwy Security system, remote entry Anti-lock brakes Electronic Brake Distribution System Power windows & door locks Child-proof rear door locks AM/FM/CD audio system Anti theft Fold-down rear seat Air conditioningCivic Sedan* Civic Coupe**Also available in Si Models SuperSpecialso n p r e v i o u s y e a r m o d e l s By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT Following the murder of an educator this week in the capital, a Grand Bahama scholar is calling on Cabinet and the Bahamas Christian Council to collaborate in observing a national moment of silence for murder victims. Leslie Minnis, principal of Alpha O mega Christian Academy, said the death of Uriah McPhee teacher Denise Adderley should act as a spur for a different and more sensible response to murders. would like to ask all bishops and pastors to retake every street of our nation, especially on the island of New Providence on a day to be determinedb y the Bahamas Christian Council, in the form of a signing and praying procession. would also like to ask the Cabinet under the leadership of the prime minister to proclaim a two-hour work stoppage on a day of their choosing so that the citizens, residents, and visitors could observe 120 minutes of prayer and reflective respect for all of the Bahamians who have been murdered across our beautiful archipelago, he said. Denise Adderley, 39, was shot and killed while in her car at the Texaco Service Station at the corner of Wulff and Kemp Road on Sunday evening. She became the third homicide victim of the year. On Wednesday, taxi driver John Manuel Adderley, 37, was arraigned, charged with her murder. I have been following this homicidal activity for quite a while when the young lady was killed in Sea Breeze sitting in her car. I felt there should have been a national outcry to really put this trend in regression, but it continues to escalate and it appears as if we are getting some euphoric response from counting the numbers, Mr Minnis said. He added: There has to be different ways for persons to resolve their differences other than killing one another. Mr Minnis noted that the homicide rates in our neighbours Jamaica and Trinidad are out of control, with rates sometimes in the thousands. ONE year after a devastating earthquake struck Haiti, Brent Symonette, Deputy Prime and Minister of Foreign Affairs and Immigration, says he is satisfied with the Bahamas support to the recovery efforts. On January 12, 2010, a powerful earthquake struck Haiti, killing more than 200,000 and leaving more than one million homeless. The Bahamas joined with the Caribbean Community (CARI C OM) through the Caribbean Disaster Emergency Management Agency (CDEMA assisted in the worldwide recov ery efforts. I am satisfied that the Bahamas and the Caribbean have done as much as could be done against the backdrop oft he recession and other issues. Its a vast problem, thousands died and many properties were destroyed. We need to continue to keep them in our prayers, Mr Symonette said. He said the Bahamas has never experienced such devastation, to the point where hundreds of thousands of people died. Outcry To the public outcry when the government decided not to repatriate apprehended Haitians following the earth quake, Mr Symonette said that it was the humanitarian thing to do. Millions of dollars were pledged in relief aid and rebuilding efforts, and the inter national community also wrote off millions in debt Haiti owed. However, recent elections have posed a challenge to the whole recovery and rebuilding efforts. They unfortunately have had one challenge after the other. We here in the Bahamas have never had that to any great extent, Mr Symonette said. He said many Haitians are coming to the Bahamas to find a better way of life. If there are jobs here, obviously Bahamian dollars can be converted into the American currency. Its big money they are coming here to make a better way of life for themselves and their families, he said. The government appointed Commodore Clifford Scavellaa s Ambassador to Haiti, from where he provides reports on the progress of recovery efforts. It is very useful for us to understand what is happening and we look forward to contin ue fostering relations with Haiti, Mr Symonette said. Cholera A n issue following the earthquake was the outbreak of c holera, which has posed some difficulty regarding the issuance of visas to Haitians wanting to travel to the Bahamas. The government is also monitoring this situation. The ambassador is doing an excellent job, Mr Symonette said. He also credited the Royal Bahamas Defence Force on the role it plays in protecting the country from either illegal poachers, illegal migrants and in some cases, those involved in drugs and arms trafficking. We have seen a steady flow of illegal migrants. I dont think the number of persons who came right after the earthquake could have been predicted. There were possibly reasons for that the increased vigilance on behalf of the Bahamas, the United States and others to make sure that vessels were i dentified. There will constantly be a stream of people. We have looked at that, Mr Symonette said. Meanwhile, the government will continue with its repatriation exercises to all countries whose nationals land here ille g ally, he said. TEMPORARY ROAD CLOSURE AT EAST STREET, ROBINSON ROAD JUNCTION Government satisfied with its help towards Haitis earthquake recovery Teachers murder prompts call for national moment of silence MURDERVICTIM: Uriah McPhee teacher Denise Adderley.

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By ADRIAN GIBSON ajbahama@hotmail.com WHILE 2010 was a roller coaster year, featuring a myriad of sleaze, an upsurge in violentc rimes, mediocre national exam results and, in other instances, nationally recognized accomplishments and highlights, 2011 provides the nation with yet another blank slate in determining its future and proposes to also be an eventful year of high drama in the political arena as a general election draweth nigh. Last year, the country was beleaguered by crime and an influx of illegal immigrants and saw an upsurge in the unemployment rate. This new year, Ive decided to state a few of my wishes and desires for the Bahamas moving forward. Firstly, the Bahamas educational system desperately needs to be revamped. The government, parents and educators must all begin to thinko utside of the box, particularly since our current educational s et-up is producing hordes of arithmetically-challenged, illiterate graduates who are soon expected to manage our coun trys affairs. This New Year, we must make a conscious, courteous, curt effort to assist and encourage our student population in a u nited thrust to strive to increase the national GPA from a D to a C. Frankly, I am not an advocate of standard ized tests. I firmly believe that while some students may perform well academically, standardized tests cannot measure the full range of the multiple i ntelligences. Standardized tests are also criticized for tending to be outdated as a curriculum changes, failing to assess an adequate sample of skills and for failing to meet the standards of their own field, among several other criticisms. The ministry musta lign the curriculum with the development needs of the country in order to imbue a strong sense of self, speak to nationbuilding, address the question o f self-reliance and entrepreneurship, teach the Constitution, etcetera. Only the most scholarly of students, in my opinion, should be permitted to sit the BGCSE/BJC exams. To truly diversify and establish a more comprehensive educational syst em, the government and private entities should also construct technical and vocational schools to teach the less bookish, academically-disinclined students a trade/skill. It is a misconception to assume that every Bahamian is studious enough to become a d octor, lawyer, educator, or to attend university. There will always be a need for repairmen, handymen, plumbers, masons and so on. At grade nine, teachers and administrators should be able to gauge a students abilities, and thereby separate t he more scholarly students from those with technical and vocational leanings. Furthermore, consideration should be given to establishinga pilot programme, where male and female students are educated at separate schools/class es. This possibly will revolut ionize education and lead to greater productivity, as students of both sexes would have fewer distractions and spend less time seeking to impress one another. Moreover, classrooms must be outfitted with cable tv/internet to foster interactive learning! O ne wish is that this new year, a greater number of parents positively become involved in their childrens lives, whilst also constructively reinforcing the lessons learnt at school. This year, with a newly instated president, the evolu tion of the College of theB ahamas (COB ty must be at the vanguard in advancing the national educat ion system. The transition of the college to university will not only foster academic and intellectual leadership but also assist the country with small island sustainability issues and foster economic diversification. Indeed, a university is a living system and grows in r esponse to, or alongside, national development. Will crime escalate to the point that the US blacklists the country as Jamaica has been done? Going forward, Bahamians must strive for greater social cohesion and partake in comm unity drives to reduce violent crimes. The past year was the third consecutive record-break ing year for murders and rapes, resulting in the Bahamas being listed high atop the listing of countriesper capita where rapes and heinous murders are f requent. We must return to being our brothers keepers. The government must formally articulate its position on capital punishment. There appears to be a lack of political will relative to the reading of death warrants, which would usher in the finalization of legal a ppeals so that convicted murderers can receive their courtordered, just desserts. After a suspect is convicted of murder and sentenced to death, the Police Commissioner should immediately be summoned to read his death warrant, particularly if he has exhausted all a ppeals. As it relates to capital punishment, the law as entrenched in the Constitutionmust be carried out. Moreover, a witness protection programme must be estab lished to protect state witnesses who are being bumped off which, as a result, has left manyB ahamians afraid to testify about crimes seen. Much more must also be d one to combat human trafficking. Regardless of the noble fight of drug enforcement officers, is it ever possible for the Bahamas, considering our geographic location, to be removed from the majors list (top 20 countries) of illicit drug-prod ucing or drug-transit countries? In the fight against crime and other social ills, the Bahamas Christian Council must lead by example, focusing more upon community outreach programmes in helping to curb crime, assisting the p oor, socializing our people and playing an active role in the lives of citizens, instead of the usual utterances, self-aggrandizing gambits and apparent politically driven mandates. (This does not apply to Rev CB Moss, who is in the trenches and doing a commendable job). I continue to await any serious, long-term proposals for sustainable tourism. Our tourism product must be reinvigorated to highlight the distinction and indigenous nature of this country's tourism product when compared to any othe r country in the wider Caribbean, targeting new mar kets and nurturing wider market share and by incorporatinga focus on regional and Latin American tourism. Considering the spate of violent crime and other social issues, in 2011 more emphasis m ust be placed on implementing mental health programmes and a plan to confront rampant alcoholism and drug abuse. Furthermore, I look forward to the broadening of the healthcare coverageparticularly for the elderly and indigentof the national prescription drug plan! This year, when electioneer ing is sure to spring into in high gear, I trust that both major political parties would move forward with the peoples agenda, scrupulously working towards bettering the Bahamas instead of squabbling over semantics and other trivial, rather foolish barbs. Will there be an early elec tion called this year or will the election go on as scheduled for 2012? In the 2008, both parties should begin looking towards the future and start preparing the next generations leaders to succeed the current head honchos, as no party presently seems to have any plans in place to ensure a smooth tran sition from one leader to anoth er without there seeming to bea leadership void. Greater efforts must be made to diversify the economy. We must gradually begin shifti ng from tourism to other industries or we will become a nation of overly dependent, virtual slaves. The government must encourage the local entrepre neurial spirit and foster eco nomic diversification through a variation of different indus tries such as farming, fishing, gaming, research and development, manufacturing and so on. I was pleased to see that the Ministry of Agriculture and Marine Resources recognition of the urgent need to resurrect agriculture and fisheries has, in conjunction with FAO consul tants, led to the creation of the first five-year development plan for agriculture and fisheries. In 2011, it is expected that the initial phases of this plan will materialize! Indeed, this year it is hoped that the rate of unemploymentwhich skyrocketed dur ing the economic recession and the countrys national debt be reduced. With a general election on the horizon, it is my fervent hope that the government maintains its position relative to the new straw market, ensuring that the products sold at the market should also be 100 per cent Bahamian-made and the markets occupants are either Bahamian or legally allowed to work in this country. Moreover, regardless of the political pressure, the government must maintain its position to no longer subsidize vendors, but instead require each purveyor to pay a fair rent and a maintenance fee. The influx of illegal immi grants, particularly Haitians, must be more vigorously tack led. Since yesterday was the commemoration of the one year anniversary of the tragic earthquake in Haiti, Im anxious to hear the governments account of what happened to those illegal Haitian immigrants who were released from the Detention Centre for a six month P AGE 6, FRIDAY, JANUARY 14, 2011 THE TRIBUNE T O DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM My wish list for the Bahamas in 2011 Y OUNG M AN S V IEW ADRIANGIBSON SEE page seven

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LOCAL NEWS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM THE Ministry of Public Works is asking the publ ics cooperation as the h ouse/building numbering e xercise in New Provid ence resumes. Public Works and Transport Minister Neko G rant is requesting that p roperty owners allow the m inistrys staff to access t heir property to install a ssigned numbers to buildi ngs. The objective of this exercise is to take remedial action based on recently completed field surveys that identified deficiencies to numbering systems w here buildings had either n ot yet been numbered or were wrongly numbered in t he past, he said during a p ress conference on W ednesday. An official numbering system has been imple m ented north to south or east to west with even numbers on the right side of the street and odd numbers on the left side of the street, Mr Grant explained. The employees a ssigned to install the numb ers on houses/buildings will bear an identification c ard clearly indicating that they are part of the Ministry of Public Works and Transports housing/build-i ng numbering team, he s aid. Due care will be taken not to damage an owners property during the numb er installation process, Mr Grant stressed. In addition, the street n aming exercise will cont inue concurrently. The street naming and house numbering that were undertaken duringt he six-month temporary employment programme (February to August 2010 focused on streets and buildings on the island of New Providence in the project area identified as P hase I, he said. The boundary for Phase I extended west of Fox Hill Road, south fromt he sea to Prince Charles D rive, then continuing west to East Street, and proceeding southwards to the sea in the area ofS outh Beach. The government is moving to Phase II, and the b oundary for Phase II is bounded on the north by Carmichael Road, Baillou R oad and East West Highw ay, east by East Street S outh, west by Coral Harbour Road and south to the sea. T wenty-three persons will be offered temporary employment to assist the ministrys staff in the process of installing street signs and numbering houses/buildings, Mr Grant s aid. A public notice was published during the latter part of 2010 advising of theg overnments plans to con t inue these exercises under Phase II; additional notices will be published as necessary to keep the publici nformed of the works progress, he said. By LLONELLA GILBERT M INISTER of Public Works and Transport Neko Grant s igned a contract with the Ran Mar Precision Development Company on Wednesday for the construction of the new National Emergency Operations Centre. The company was awarded the contract for the base sum of $1,735,503, and it is expected that construction will span a 36-week period. The centre, to be built on Gladstone Road, will consist of a single-storey building of approximately 6,981 square feet to provide office accommodation for the National Emergency Management Agency (NEMA Minister Grant said. The building will also feature overnight emergency sleeping quarters along with shower/bath and kitchen facilities tof acilitate the centres operation on a 24-hour basis by key e mergency management personnel, he added. Ran Mar was selected as a result of a tender exercise that was conducted during the latter part of 2010. The construction of the National Emergency Operations Centre will complement additional works to be executed at strategic locations in other Family Islands to strengthen dis-a ster preparedness and response nationwide, Mr Grant said. A disaster relief warehouse will be constructed on Grand B ahama to assist response efforts in the northern Bahamas and one will be built in Inagua to assist disaster response efforts in the southern Bahamas, Mr Grant said. A lso present at the signing were Captain Stephen Russell, director of NEMA; permanent secretary in the Ministry of Public Works Colin Higgs and project manager of Ran Mar Terrence Dean. Captain Russell said the project has been ont he drawing board since 2003, and when he came into office in 2008 the documents were already there, so his aim was just to advance the project. He said NEMAs regional partner, theC aribbean Disaster Emergency Management Agency, would be pleased to note that the Bahamas is strengthening its capabilities through the construction of the operations centre. House/building numbering project is set to resume NEW NATIONAL EMERGENCY OPERATIONS CENTRE TO BE BUILT T T h h e e o o b b j j e e c c t t i i v v e e o o f f t t h h i i s s e e x x e e r r c c i i s s e e i i s s t t o o t t a a k k e e r r e e m m e e d d i i a a l l a a c c t t i i o o n n b b a a s s e e d d o o n n r r e e c c e e n n t t l l y y c c o o m m p p l l e e t t e e d d f f i i e e l l d d s s u u r r v v e e y y s s t t h h a a t t i i d d e e n n t t i i f f i i e e d d d d e e f f i i c c i i e e n n c c i i e e s s t t o o n n u u m m b b e e r r i i n n g g s s y y s s t t e e m m s s w w h h e e r r e e b b u u i i l l d d i i n n g g s s h h a a d d e e i i t t h h e e r r n n o o t t y y e e t t b b e e e e n n n n u u m m b b e e r r e e d d o o r r w w e e r r e e w w r r o o n n g g l l y y n n u u m m b b e e r r e e d d i i n n t t h h e e p p a a s s t t . Public Works and Transport Minister Neko Grant amnesty following the catastrophic event. T his year, the implementation of more stringent laws/regulations to manage the construction of future projects along beachfronts is imperative. Furthermore, more work must be done to protect coral reefs, mangroves and wetlands; greater moni toring must be undertaken relative to developments on private islands/cays, of cruise ships and the disposal of waste products in our territorial waters; attention must be paid to national parks and those foreign sports fishermen who enter under the guise of gaming, but purportedly leave the country with coolers filled with an illegal catch; and there must be more of a concerted effort to address the environmental impact of climate change, particularly as the Bahamas is one of the most vulnerable countries in the world. Lets face it, one way or the other, BTC must be sold! Even more, corporations such as BEC, Water and Sewerage and Bahamasair should be privatized and demonopolised as well as they are (particularly the latter three) pecu niary albatrosses and a bur den to taxpayers. It is time to end all monopolies afforded to local service providers to encourage competition and better services! Will Cable Bahamas ever fulfil its contract for cable television/internet to the Family Islands since many islands do not yet have cable or only has its services in certain areas? When will Cable Bahamas bring its services to the residents of north Long Island? Lastly, when will the Family Islands, which are in desperate need of economic upliftment, be a greater priority on the governments agenda? WISHES FOR THE BAHAMAS MOVING FORWARD IN 2011 FROM page six

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Chinese Embassy yesterday said officials had "no comment" on the contents of the cables but stressed that the C hina/Bahamas relationship "is based on equality, mutual respect, mutual benefits and win-win. "It is open, transparent, nonexclusive and non-detrimental to other countries' interests. Developing China-Bahamas cooperative relationship is in the fundamental interests of the two countries and has brought and will surely bring, substantial benefits to both peoples," said the statement. In a 2004 cable, former Charge dAffaires at US Embassy Robert Witajewski noted that Bahamian dignitaries were "frequent flyers" to China and claimed that government officials were tightlipped over details of these trips. "(Then ry Christie is scheduled to visit Beijing and Shanghai from August 14 21, 2004," wrote Mr Witajewski, in the cable Prime Minister Christie's China trip, the latest in a string of visits. "The Bahamian Foreign Ministry has been unwilling to provide details about the delegation's itinerary, schedule or meetings, or the purpose of the trip. The prime minister's trip to China is the latest is a stream of high-level Bahamian visitors to China since the PLP's electoral victory in May 2002," the cable continued. Noting that at the time, political and economic ties between the Bahamas and China were "modest" the embassy official speculated that Bahamian officials were trying to capitalise on its relationship with the Chinese to "push for kinder WTO accession terms, and to pick up whatever spare trade and investment projects a country of over one billion people can offer." The official wrote that the Chinese's presence in the Bahamas may be "a strategic move preparing for a post-Cas-t ro Caribbean." Mr Witajewski said that although the two countries are "separated by two oceans and a continental land mass," China is one of four countries to have an ambassador living in the Bahamas. In July, 2010, a US official said the country welcomes the growth of Chinese interest in making investments in the Bahamas. At the time, Dr Arturo Valenzuela assistant secretary of state for Western Hemisphere Affairs said increasing ties between China and the Bahamas will not impact USBahamas relations. We welcome the fact that China is interested in the Caribbean and is interested in this particular area because I think it benefits everybody, said Dr Valenzuela, who heads the Bureau of Western Hemi sphere Affairs. The cables are confidential documents obtained by whistle-blower website WikiLeaks. They were published by the British newspaper, The Guardian The document, written by former charg d'affaires at the US Embassy RobertW itajewski, noted that duri ng meetings with foreign affairs officials Patricia Rodgers, Marco Rolle and CARICOM Ambassador Leonard Archer the Bahamians were "deliber-a tely ambiguous" about o fficial visits to China. The cable added that Bahamian officials hesitated to discuss the details of their relationship with the C hinese and had to be p ressed on reasons for an upcoming "whirlwind tour o f Asia". "At a meeting with Mrs Patricia Rogers, the chargi nquired about the upcoming Bahamian high-levelv isit to China," said the c able, referring to a schedu led visit to China by then Foreign Affairs Minister Fred Mitchell, MrsR odgers and Bahamian Ambassador to Japan SirS ydney Poitier. Framing it as simply a follow-up to an invitation', M rs Rogers attempted to minimise the significance o f the official trip. But after further probing, shea dmitted that one of the p urposes of the trip was to reassure China of the Bahamas' commitment to their bilateral relations hip." At the time the Bahamian government felt it need e d to bolster Chinese conf idence due to "lingering distaste" because the Bahamas maintained diplo-m atic relations with Taiw an until 1999, wrote Mr Witajewski. When asked by the charg as to what the Bahamian officials had arranged with their Chi n ese counterparts for the visit, Mrs Rogers paused and said that the visit was to be very informal and d enied that any agenda of discussion topics had been agreed to. Responding to t he chargs scepticism that a major visit beginning in only two days remained sou nfocused, Mrs Rogers reluctantly admitted that it was 'feasible' that some trade and cultural agree ments might be signed, but insisted that the Bahamian delegation only planned to speak about general bilateral issues." Mr Witajewski also questioned the basis for a grow-i ng relationship between China and the Bahamas, two countries with few common concerns. "The interest of the Chinese is more complex howe ver and we defer to E mbassy Beijing for its analysis of Chinese strategic goals underlying its major presence in a country where apart from geography, there would seem tob e few mutual cultural, t ourist, economic, or politi cal interests," said the c able. Yesterday, Mr Mitchell said it was not uncommonf or the US officials to request information about t rips overseas, the B ahamas was not mandate d to brief them. The US has a very aggressive diplomacy. T hey, and every country, wants to know what the other country is doing in i ts diplomatic missions, to find out what another c ountry is thinking, what i ts plans are. "The Bahamas is a very transparent country but we a re under no obligation to t ell them (anything I'm not sure what the bit about 'ambiguity' means,c ertainly Ms Rodgers was under no obligation to (disclose anything to the US),"s aid Mr Mitchell. A fter being contacted by The Tribune the US E mbassy released a statem ent reaffirming its confi dence in ties with the Bahamas. T he statement said: "The US Embassy does not comment on materials, includ i ng classified documents, which may have been leaked. We have an open and continuing dialogue w ith the government. We are fully confident that the US/Bahamas rela t ionship will continue to be excellent. Our common commitment to democra c y, the rule of law, shared strategic interests and geographic proximity make the Bahamas one of ourc losest partners in the western hemisphere and we expect that our strong a nd deep ties will continue to grow." 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LOCAL NEWS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Soldier Road, around 6.40pm on Saturday, January 8. Gibson, whose face was v isibly swollen, was escorted to Court One, Bank Lane yesterday afternoon,f or the arraignment. Represented by attorney Dion Smith, Gibson was n ot required to enter a plea t o the murder charge. Mr Smith told Chief Magistrate Roger Gomez t hat Gibson was beaten while in police custody. He told the court Gibson h ad informed him he was h it in his chest, face and right ear. Mr Smith claimed his client had been taken to hospital on Wednesday, and while X-rays showed he had suffered no brokenb ones, bruising was evident. Mr Smith said his client had requested pain killers but police had told him they did not have time to wait for them. Mr Smith a lso noted his clients hands were swollen from handcuffs and that a plasticb ag had been placed over h is clients head, nearly suf focating him. The attorney further con t ended his client had been in fear for his life and as a r esult, the statement he made was not of his free w ill. According to Mr Smith, police picked up his clientf rom the Central Police S tation yesterday and brutalised him again, inquiring o n the location of a gun. Chief Magistrate Gomez ordered that Gibson, ofB ishop Way, Windsor Place R oad, be taken to see a doctor. H e was also remanded to Her Majestys Prison, with the case adjourned to Jan-u ary 19. o f the Arundel Street area. Also on Wednesday, officers from the D rug Enforcement Unit (DEU t hree men and recovered a shotgun during a s pecial operation in the Farrington Road area. The officers led by the commander of D EU conducted a search at a home in the area after they noticed a man standing in front of the residence who appeared uncom-f ortable by their presence. A ccording to police, another man emerged from the house as they were questioning the first man but ran back inside on seeing the officers. P olice press liaison Chrislyn Skippings said: Officers then followed the suspect into the house where a search was conduct e d and a shotgun with the serial number erased was found under a bed. Three suspects were arrested. The matter was turned over to the Central Detective Unit for further investigation. E arly yesterday morning, police recove red two pistols and 23 rounds of ammunition after searching a man while on routine p atrol in the Sunset Park area. T he culprit was initially found to be in p ossession of a black Glock .40 pistol with 8 live rounds of hollow tip ammunition. However, officers discovered a second black Glock .40 pistol and 15 live rounds ofh ollow tip ammunition after he was taken to Carmichael Road Police Station. Police also expect to bring charges a gainst a man they arrested today in connection with a rape that happened on Monday. The rape suspect was arrested at Palm T ree Avenue. FROM page one Man accused of murder claims he was beaten by the police FROM page one Illegal gun found on man in wheelchair BRISBANE, Australia PARTSof Australia's third-largest city reopened Friday as deadly floodwaters that had swamped entire neighborhoods receded, revealing streets and thousands of homes covered in a thick layer of putrid sludge, according to Associated Press. G arbage trucks moved through Brisbane's muddy streets and some residents dragged ruined furniture out of their homes as the massive cleanup began following one of Australia's worst natural disasters. In towns upstream of Brisbane, soldiers picked their way through debris looking for more victims. Weeks of flooding across Australia's northeast have caused 25 deaths, and 55 people were still missing. "There is a lot of heartache and grief as people start to see for the first time what has happened to their homes and their streets," Queensland state Premier Anna Bligh said. "In some cases, we have street a fter street after street where every home has been inundated to the roof level." The muddy waters swamped 30,000 homes and businesses in Brisbane. One man drowned Thursday when he was sucked into a storm drain as he tried to check on his father's home in an inundated neighborhood of the city. Officials expected to find more bodies farther upstream as they finally got access to hamlets struck by flash flooding on Monday. Most of the people still unaccounted for are from around Toowoomba, a city west of Brisbane in the Lockyer Valley where a sudden downpour caused a flash flood likened to an inland tsunami. Police C ommissioner Bob Atkinson said Friday that officials may never be able to find everyone swept away by the raging torrent. "We would certainly hope they would find them all," Atkinson said. "Regrettably, we could not exclude completely the possibility that some may never be found." Heartache and grief: Australias flood damage AN ENTIRE SUBURB is submerged outside Ipswich, west of Brisbane, Australia, Wednesday, Jan. 12, 2011. Emergency sirens blared across Australia's third-largest city Wednesday as floodwaters that have torn a deadly path across the northeast poured into an empty downtown, swamping neighborhoods in what may be Brisbane's worst flooding in 100 years. (AP

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SECTIONB business@tribunemedia.net FRIDAY, JANUARY 14, 2011 THETRIBUNE $4. 68 $4. 51 $4. 69T he information contained is from a third party and The Tribune can not be held responsible for errors and/or omission f rom the daily report.$ $4.60 $4.64 $4.61 secure future leave your children nancially secure provide a safety net for your loved ones ensure a bright future for your familyall of the above A MB ESTA-ExcellentFinancialStrengthRating call us today at (242396-1300 A SUBSIDIARY OFNASSAU I FREEPORT I ABACO I ELEUTHERA I EXUMA I FINANCIAL CENTRE I CORPORATE CENTRE I www.famguardbahamas.com QUESTIONTIME: A file photo of C&Ws David Shaw (left interview with Tribune Business Editor Neil Hartnell. By NEIL HARTNELL Tribune Business Editor C able & Wireless Commun ications (CWC much completed its five-year b usiness plan for the Bahamas Telecommunications Company ( BTC), Tribune Business was told yesterday, its regional chief executive acknowledging that there would be a good two or three years of work ahead to m ake sure the business is ready for competition. S peaking to Tribune Business at the Bahamas Business O utlook conference yesterday, David Shaw, head of LIME, LIMEs BTC plan pretty much done n BTC cost base too high and needs to come down if company is to meet challenge of competition n Cable & Wireless executive says excessive costs why Bahamians p aying $0.30-$-0.40 per minute for cellular, compared to low double digits in rest of region n Jobs to transfer in and out of Bahamas n wo to three years hard work to ready BTC for competition SEE page 5B B y NEIL HARTNELL Tribune Business Editor T he Bahamas Telecom munications Company (BTC the economies of scale as a standalone entity that arer equired to pass on the best technology, services and pricing to Bahamian consumers, the regional Cable & Wireless (CWCs aid yesterday, pointing to the 50,000 iphones minimum order value. Making the case for why B TC needed to be part of a much larger international telecoms operators, such asC WCs Caribbean sub sidiary, LIME, David Shaw told the Bahamas Business Outlook that the minimum order value issue would ulti-m ately prove to be a stumbling block for a standalone carrier. To purchase iphones, the manufacturer would note ven talk to you unless a minimum 50,000 order was STANDALONE BTC UNABLE TO ACHIEVE VITAL ECONOMIES SEE page 4B By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerces president yesterday questioned whether Bahamians were prepared to invest in diversifying their economy, pointing to the $40 million price tag attached to the estimated cost of setting up a logistics hub in Freeport. K P Turnquest told the Bahamas Business Outlook conference yesterday that a tremendous opportunity exists for us in Grand Bahama in the logistics industry, given the islands infrastructure, but when a delegation he was part of attended a major US conference on the sector last year, almost everybody approached had never heard of the island or the Bahamas generally apart from being a tourist destina tion. Meetings with the Massachusetts Institute of Technologys (MIT determined that it was a sustainable, feasible opportunity for Grand Bahama, with help available to make it happen, and a $40 million price tag was placed on the start-up costs. Mr Turnquest acknowledged this was a lot of money, but noted that at least the same was being spent currently in Nas sau alone on the Arawak Cay $40M PROJECT EXPOSES WILL F OR INVES TMENT Chamber chief questions if Bahamians want to invest to diversify economy citing logistics centre plan Grand Bahama residents caught in cross-fire and under attack on tax exemption renewal, bonded letter Hits at insane increases in bank fees Says tourism and financial services must be adjusted SEE page 4B K P TURNQUEST By NEIL HARTNELL Tribune Business Editor The nations economic model is oppressingB ahamians, a senior College of the Bahamas lecture r charged yesterday, failing to develop this nations human capital and provid-i ng for a persistently high unemployment level. S uggesting that we have milked our economic model dry, Dr Olivia Saun-d ers, of COBs School of Business, told the Business O utlook Conference yesterday that the Bahamian economy followed a typi-c al dependency model, designed to relieve Bahamians from managing i ts resources and ownership. Instead, the role of the r esidents is to provide labour and act as con s umers, while capital and ownership of companies and productive assets wasr elegated to foreign investors and a small group o f Bahamians. The economic model we follow in the Bahamasi s to ensure the underde velopment of its people, Dr Saunders said, adding that because the economy did not require manyw orkers with a high educa tion level, we dont need to really be serious about education. Too often, she added, Bahamians oppressed by economy structure SEE page 2B By ALISON LOWE Business Reporter alowe@tribunemedia.net The Bahamas must take all efforts to push itself up in the World Banks Doing Business report rankings, since this feeds into determinations its competitiveness as a financial services centre, the Bahamas Financial Services Boards (BFSB yesterday. Even unfair assumptions are assumed to be a reality, said Wendy Warren,, who told the Bahamas Business Outlook conference that the Government must focus on these benchmarks, as no major c orporate entity makes a decision to go into a country when i ts ranked poorly. M s Warren identified some of the opportunities and chal lenges that presently confront the Bahamas second most sig nificant economic sector. She suggested that the Bahamas financial services indus try cannot rest on its laurels and expect business to come to Bahamian shores, as traditional competitors are taking major steps to fulfill their goals and objectives, transforming Make all efforts to improve rankings SEE page 3B W ENDY WARREN B y ALISON LOWE Business Reporter a lowe@tribunemedia.net Diversification of the Bahamian economy can be achieved by taking advantage of opportunities staring us in the face to create businesses that feed into and off the tourism industry, the Prime Minister said yesterday. Hubert Ingraham said huge opportunities exist for Bahamians to further max imise the economic benefits that accrue from tourism by better tapping into the demand for goods and ser vices that tourists bring with them. Most other economic activities do not offer any greater resilience than tourism, and given the continued potential for growth and diversification still provided by tourism activity, it seems quite reasonable that we should continue to devote our scarce resources toward the maximising of growth in this industry, said Mr Ingraham. He also charged that while the Government has and will continue to play its part to facilitate business by offer ing incentives, advancing legislation and developing infrastructure, entrepreneurs must step up to the plate if new business activities are to be introduced. Addressing the Bahamas Business Outlook, Mr Ingra ham acknowledged it was commonly stated that the Bahamas would be wise to diversify its economy away from its heavy reliance on tourism and financial services, integrating more manufacturing and agriculture into its economic mix. It seems to me that the dis cussion around diversification arises from our desire to see this economy achieve higher Diversification pursuits staring us in the face SEE page 2B

PAGE 11

l evels of growth and, perhaps more importantly, to become less vulnerable to shocks in the global economy. For many, tourism leaves us too open to t he vagaries of international economic fluctuations, said MrI ngraham. However, Mr Ingraham took t he position that while the desire to see more growth and resilience is legitimate and one that my government shares, it should be considered within the context of the reality of theB ahamas This reality, he added, includes the fact that examples of primary, secondary and tertiary industries, which include m anufacturing, agriculture and s ervice industries such as tourism, already exist in the Bahamas, albeit in an imbal anced ratio. R eflecting such imbalances that also exist in some of the worlds most developed, high income and high wage economies, Mr Ingraham not e d that the Bahamian econo my is 84 per cent service based, 15 per cent industrial based and about 1 per cent agriculture reliant. In the face of an impulse to diminish the resilience of tourism as an economic sector, as well as a failure to recogniset he opportunity for diversification which exists within the sec tor itself, Mr Ingraham said it must be recognised that the industry has consistently been one of the fastest, if not the fastest growing in the world. The Prime Minister charged that the Bahamas most signifi cant chance of success in growing its economy lies in tapping into the demand for goods and services that tourists bring with them. The reality is that the remarkable growth and devel o pment we have achieved through services present huge opportunities for further integration of the $7.5 billion economy of the Bahamas by adding v alue and exploiting natural r esources, he said. Certainly, some of our best prospects for the expansion of agriculture and fisheries lie int heir link as food suppliers to our hotel sector, and to the domestic market. Our tourism industry is a natural outlet for a well-organ i sed, consistent production of the abundant variety of fruits and vegetables grown in the Bahamas. Opportunities for diversifi cation abound in non-hotel related leisure and entertain ment offerings, said Mr Ingra ham. It should not be lost on us that the vast majority of fine dining experiences in the Bahamas are still connected to major resorts. This is not the case in Barbados, a competitor warm weather tourism destination in our region. Similarly, opportunities exist for wider retail distribution of reasonably priced, quality straw, shell and turned-wood products, another area where some of our regional competit ors have made tremendous s trides. These products, readily s een at specialty arts and craft fairs, deserve wider and more convenient availability to the broader tourism and domestic trade. All these segments of our e conomy are ripe for growth a nd expansion, with measur able benefit toward increased diversification in our economy, said the Prime Minister. Responding to claims commonly made that tourism is toov ulnerable to declines in the face of shocks in the global e conomy, Mr Ingraham charged that when such condi tions do arise, which result in fewer tourist arrivals, other sectors are usually not spared either. A nd he sought to emphasise that the profile the economy takes cannot solely be a consequence of government action. The Government, working with the business community, might incentivise, promote and f acilitate such pursuits, but ultimately it is the entrepreneurs that make the actual economic enterprise or sector a reality. However, the extent to which creativity and innovation o ccur will largely depend on the ambitions, capabilities and pursuits of the entrepreneurial community itself. And, to the extent that businesspeople pursue various forms of enterprise in the soci ety is the extent to which the economy will take on the profile of those pursuits, said Mr Ingraham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skilled Bahamian professionals such as architects and e ngineers were expected to play second fiddle to experts brought in by foreign developers, and graduates from COBs School of Business were questioning whether they needed to make such an investment in their education, g iven the limited roles available to them in the economy. It seems skills and talents have not place in the economy, Dr Saunders said. She added that the Bahamian economic model did not provide for its general citizens to ownc apital in the wealth generating sectors, and said: The most technologically advanced and efficient businesses in the country today are the illegal gaming houses operated by B ahamians. Foreign investors, Dr Saunders added, were not intere sted in developing Bahamians workers beyond their specific needs, something that helped to stifle the skills and aspirations of Bahamians. Our country is crumbling, she said. Our nation has deteriorated to a place, and is at a point, that we cannot imagine. Economic policymakers needed to focus on nation-building, Dr Saunders added, stating that the Bahamian econom y was not doing as well as we think. Statistics such as g ross domestic product (GDP probably the most skewed income distribution in the Weste rn Hemisphere, plus one of the widest boom and bust swings in the world. S he added that 69 per cent of unemployed Bahamians had been jobless for three months, and 35 per cent for 12 months. If discouraged workers were included in unemployment measures, the latter figure would rise by some three percentage points, Dr Saunders said. Bahamians oppressed by economy structure F ROM page 1B FROM page 1B By ALISON LOWE Business Reporter alowe@tribunemedia.net Spiralling oil prices were acknowledged by the Prime Minister yesterday as a poss ible cloud on the horizon that may have significant implications for a recovering Bahamian economy in 2011. Despite stating that he has every expectation 2011 will be the beginnin of an economic turnaround for the Bahamas, Hubert Ingraham suggested rising oil pricesand predictions of further increases this year will require a proactive response f rom government and the public. Mr Ingraham told the Business Outlook Conference that the Bahamian economy is expected to grow by 2-2.5 per cent in 2011, a marked improvement on previous outcomes, with unemployment decreasing slightly, then more significantly in 2012. However, Mr Ingraham said he should acknowledge a possible cloud on the horizon. Economists are predicting that crude oil prices will trend upward this year, surg-i ng from about $80 per barrel to about $106 per barrel by July. This trend has obvious i mplications for the price of gasoline, the cost of electricity, the current account, the Government's fiscal operations and the broader economy, he added. The Prime Minister said the Govern m ent will be watching this trend closely and will seek to take appropriate measurest o minimise the financial fallout. Such measures relate to adopting vario us conservation measures to minimise cost, something that both business and indi vidual households should also do, said Mr Ingraham. Speaking with Tribune Business last week, former minister of state for finance, James Smith, described rising oil prices as the pound gorilla in the room that threatens to "derail" econ omic recovery in the Bahamas and wider world in 2011. Meanwhile, president of the Bahamas Chamber of Commerce, Khaalis Rolle, suggested that Bahamian businesses should begin to plan for the inevitable, with conditions comi ng together to create a "perfect storm" of high oil prices that could constrain the Bahamian economic recovery. His comments came after former president of the Shell Oil Company, John Hofmeister, said in an interview in the US press that he predicts gas prices in the US could rise to $5 per gallon 64 per cent higher than the average today by 2012. Restrictions on oil drilling in the US, c oupled with rising demand from emerging economies such as China, India and others,h ave been largely blamed for the likelihood of oil prices increases, which saw spot p rices rise 34 per cent from May to December 2010. Yesterday the price of a barrel of oil rose to $92. In his address, Mr Ingraham described the state of the Bahamian economy overt he last 12 months and its short-term prospects. In 2010, the economy labouredu nder the weight of the residual effects of the global economic and financial downt urn, though to a lesser degree than in the previous year. Domestic economic conditions stabilised during 2010, Mr Ingraham added, with this primarily driven by improvements in the tourism sector and, most particularly in the high-value stopover segment of the market, which saw a 5 per cent increase in arrivals over 2009. In contrast, consumer spending remained relatively weak, and output in t he construction sector was constrained by muted levels of foreign investment inflows, he said. In the external sector, the estimated current account deficit narrowed, due primarily to higher tourism earnings, while the surplus on the capital and financial account declined, reflecting a decline in direct investments and reduced public sector inflows. W ithout official employment statistics for 2010, the Prime Minister said that anecdotal evidence exists to suggest a marginal improvement in the unemployment situation, but it is a painful fact that unemployment in the country remains far too high. Growth in 2011 will result in large part from increased inward direct investment, resulting from a re-start of some stalledi nvestment projects, new investment inflows and significant scheduled publici nfrastructure investment. A further increase in visitor arrivals and spending, a nd growth in domestic credit leading to more commercial and residential con struction, are also anticipated, he said. Such public works include the Lynden Pindling International Airport develop m ent, the new Port at Arawak Cay and its associated works; massive infrastructuralu pgrades in New Providence; expanded health care infrastructure at Princess Marg aret Hospital, the Rand Memorial Hospital and elsewhere; new ports and bridges in some Family Islands, and public sector office complexes notably in Abaco, Grand Bahama and New Providence. Ingraham spots oil prices cloud Diversification pursuits staring us in the face HUBERT I NGRAHAM

PAGE 12

By ALISON LOWE Business Reporter a lowe@tribunemedia.net The Bahamas best prospects for economic growth involve opening up 98 per cent of itse xisting land mass through better communications and transportation linkages, the Minister of Tourism said yesterday. A ddressing the 20th B ahamas Business Outlook at the Wyndham Nassau Resort, Vincent Vanderpool-Wallace suggested the economic lives ofB ahamians could be transformed with cheaper, more convenient access to many Family Islands from abroad, for p otential visitors, and within t he Bahamas for both residents and visitors. The Minister said that such enhanced linkages, whichw ould include cheaper flights to and within the Bahamas, more ferries between islands,and communications-based serv ices including tele-medicine a nd e-learning opportunities in the Family Islands will be key to keeping more talented B ahamians in the Bahamas. Infrastructure development i n an archipelago depends as much on connections between islands as it does on infrastructure on islands, the Minister said. That is the necessary prerequisite to facilitate the easya nd low-cost movement of people, goods and services for the d evelopment of the entire country. In order to give a mis sion to the moon kind of focus, suppose we declared that in five years Bahamians will live onE leuthera and Andros and commute to work in Nassau d aily, as we begin to reduce the overpopulation of New Provi d ence and develop the remaining 98 per cent of our nation of i slands more completely. Those kinds of commutes a re done every day in hundreds o f places around the world. Why not The Bahamas? Ouro verall mission must be to go Back to the Islands. F ollowing sentiments expressed by Prime Minister H ubert Ingraham on the theme of diversification earlier in thes eminar, Mr Vanderpool-Wall ace told the Business Outlook he believes that rather thand iversification into a wider vari ety of sectors, it is important f or the Bahamas to leverage its areas of comparative advantage a nd maximise opportunities that already exist within t ourism. This, he suggested, means recognising the fact that the Bahamas is a country which has geographic proximity to major e conomies such as the US and Brazil, and at least 16 islands which have the beaches, waters a nd other features that are a ttractive to visitors and Bahamians alike. Yet this had not been exploited because of the cost associated with visit-i ng, living in or getting to and from them. Many people in our region are surprised, shocked and a stonished by some simple stat istics: If New Providence & Paradise Island were a separate country in our region, it would rank fifth in the number ofs topover visitors, secondin the number of total visitors and first in the number of cruise passengers in the entire Caribbean, M r Vanderpool-Wallace said. This 2 per cent country of New Providence and Paradise Island would be the third wealthiest independent coun-t ry in the western hemisphere in terms of per capita income, behind only the United of America and Canada. Is it not, therefore, abund antly clear that in a region where islands are major assets for tourism development, we h ave substantially underutilised tourism assets in The Bahamas? I f we want to diversify, why not diversify that? Mr Vanderpool-Wallace suggested that the Bahamas has nearly overdeveloped the p er cent that Nassau and Paradise Island represent over thep ast 40 years without developing the necessary sea, air and I CT infrastructure for interisland transportation and com munication throughout the Commonwealth of the Bahamas. H e said the Ministry of Tourism was currently focusi ng on reducing the cost and time of travel to the OutI slands, and allowing more electronic booking of flights, fer r ies and accommodation as a means of stimulating tourism. The entire concept of anchor projects as conceived b y some, and as perceived by many, is externally focused. It relies largely on foreign investment for much of its success.A ll that is required for Bahamians to be successful in tourism are Bed & Breakfast facilities that can be viewed and b ooked electronically from anyw here in the world, along with the air and sea transportation that might be required to deliver the visitor to their accom-m odations. My Ministry is in the final stages of negotiations to acquire the software to put such a system in place, Mr V anderpool-Wallace said. There is clear evidence that warm weather vacationers dream of their own villa or private and intimate home neart he water in the Bahamas, but those dreams are deferred once the difficulty of accessing those facilities and purchasing them w ith confidence are encount ered. When those difficulties are overcome, we can enable hundreds of Bahamians to e nter the tourism business immediately all over the B ahamas. Right now we have more vacant rooms available in private homes and villas throughout the Bahamas than ther ooms to be brought on stream by Baha Mar. No need to wait,w e can start the day that the transportation and booking syst ems are in place. Mr Vanderpool-Wallace sug gested this economic expansion would help avert what currently represents, he said, theg reatest risk to our future the potential that educated y oung people will leave and seek opportunities elsewhere. The Bahamas (with the obvious exception of Cuba) h olds the distinction in the Caribbean as that independent country from which the fewest n umber of its citizens leave to l ive elsewhere in search of better economic opportunities. It was an axiom in recent times that Bahamians leave home reluctantly, only for training and development, but they r eturned on completion. That i s no longer as true as it once was and is the greatest risk to our future, he said. their platforms to reflect current market opportunities. Meanwhile, new players are entering the market, such as Jamaica and Barbados. These jurisdictions are seeking to use their new statusto demonstrate relevance to the business community and, in some cases, the costs are more competitive. In the caseof Jamaica, they certainly have more human resources to fuel their industry, said Ms Warren. Our competitors are trans forming their business propo sitions, moving away from single product focuses to providing a platform for business,a platform for capital flows rather than just services. In light of new challenges and the limited resources available to the sector from the Government, Ms Warren said the BFSB this year undertook an initiative whichit called SCRIPT (the name representing elements which the BFSB considers critical to the future success of the industry: strategy, coordination, regulation, infrastructure, stakeholders, talent) to determine which potential new areas of business repre-sent the greatest opportuni ties for the Bahamas in terms of revenue and jobs. We know the market, the Americas, but we wanted to define realistically what was required to secure opportunities, and what benefits were available both in terms of revenue and jobs, said Ms War ren. In our view, this confirmed the view that the game plan was forthe Bahamas to become the preeminent centre for structured capital flows between companies seeking to do business with the major economies in this region. Pursuing this largely underdeveloped opportunity will strengthen our position in wealth management. After all, many of the businesses today are owned and controlled by families, and these families seek wealth manage ment services. Ms Warren said the BFSB determined, based on the SCRIPT initiative, that we want to integrate our financial services with actual bricks and mortar activities, and business and trade flows that occur between these economies (with services geared towards people engaged in these busi nesses. Perhaps most importantly, she said, the linkages and abilities to leverage the transshipment, logistics and commercial activities on tap in Grand Bahama could seal the deal for the Bahamas in being the regional winner in international business and finance. Evidence for this, said the executive director, lay in the key assets the Bahamas has history, location and fiscal resources. These assets, we believe, give us a comparative and compelling advantage over other centres in the region, said Ms Warren. She added that there are many assets in Brazil that could be managed in the Bahamas through investment funds, but the crucial step is the Brazilian regulator has to approve the Bahamas as an acceptable jurisdiction. She said the Securities Industry Act tabled in Parliament late last year should allow this money to now flow into the Bahamas, and allows us to secure a greater foothold in such an important market. However, Ms Warren not ed that there are other challenges that need to be addressed going forward if the industry is to thrive. Among these are the fact that insufficient lawyers in the Bahamas are focused on our industry, and the need to find ways to allow capital to come into this nation from other countries without having higher penalties attached than if it went elsewhere. In addition to addressing the Bahamas position in reports such as the Global Financial Centres Index, which benchmark this nation against other centres, Ms Warren noted that attracting new business to this nation depends on good management of existing clients. We must ask why are people coming into the Bahamas and why are people leaving.We have to take seriously the management of our existing clients. They are the ones that are key to whether we can get more, she said. The executive director said the global market is changing rapidly, and the Bahamas must also become better acquainted with the charac teristics of new potential business partners, who may come from countries that would have previously been considered risky or emerging economies. We must be focused in 2011 on resolving and unraveling barriers to bringing cap ital into the Bahamas. If it takes more effort to do busi ness in the Bahamas than elsewhere we are not a compelling financial services jurisdiction, said Ms Warren. We have not scratched the surface of the opportunity in the financial service industry, and if it goes elsewhere its extremely difficult to bring it back. 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fDQGWHVWLQJVWUDWHJLHV 7KHSRVLWLRQVRIIHUFKDOOHQJLQJZRUNLQWKHQDQFLDOVHUYLFHVLQGXVWU\DQGRWKHUDUHDVRI LQGXVWU\DQGFRPPHUFH7KHVDODU\VFDOHZKLFKUHFRJQL]HVGLIIHUHQWOHYHOVRIH[SHULHQFH DQGVNLOOLVGHVLJQHGWRUHZDUGKLJKSHUIRUPDQFH,QDGGLWLRQWKH)LUPSURYLGHVH[FHOOHQW PHGLFDOLQVXUDQFHDQGSURYLGHQWIXQGEHQH 3OHDVHVXEPLWDQDSSOLFDWLRQOHWWHUZLWK\RXU&XUULFXOXP9LWDHWR +XPDQ&DSLWDO/HDGHU $HQLRU$VVRFLDWHRVLWLRQ 3ULFHZDWHUKRXVH&RRSHUV 3 1DVVDX7KH%DKDPDV PKF BAHAMASQualied and Trainee Accountants RequiredThe Nassau ofce of PFK, an International Accounting Firm, seeks to recruit the following: (1 Professional qualied persons with recognized accounting qualications. They must be eligible for membership in The Bahamas Institute of Chartered Accountants and must have at least two (2 three (3years post qualication experience. Only Bahamains need apply. Preference will be given to applicants with proven audit and assurance experience. (2 Trainees with an accounting degree and eligible to write a professional examination. Only Bahamians need to apply. In all cases, salary and benets subject to negotiation. Apply in writing to Human Resources Partner, PKF. P.O. Box N-8335, Nassau Bahamas. placed, something Mr Shaw suggested was beyond the r each of a standalone operator. Yet, if BTC was part of a larger entity, we can probably do that together. If the BTC privatisation process was concluded as is, with a 51 per cent majority stake in the company sold to CWC for $210 million, Mr Shaw said the company and, by extension, Bahamian consumers, businesses and the Government would get access to economies of scale it would not get access to as a standalone provider. These economies of scale would come into play on technology, services and better pricing, and Mr Shaw later told Tribune Business in an exclusive interview: I dont know of almost any business of BTCs size left as an independent entity. In telecoms, scale is important. As a fixed-asset business, it was critical for telecoms o perators to attract volume, and Mr Shaw told Tribune B usiness that BTC also needed to be able to tap into best p ractices from other countries and markets, so it can rapidl y develop things consumers are looking for. P ointing out that telecoms operators were today investing billions to keep pace with consumer demand for new products and services, Mr Shaw again highlighted advantages for BTC if it was part of LIME, adding: Doing it on youro wn in a global environment is tough; being part of a larger group is much easier. P ointing to LIMEs recently launched Mobile TV product in Jamaica, which this weekend will deliver Buju Bantons comeback concert in Florida live to Jamaican cell phones in digital quality, Mr Shaw unveiled the companys plans to deliver TV services to the remote Family Islands. Youve got some good TV services already. We think we c an improve on that, Mr Shaw said. In some of the smaller islands today, the choice is pretty limited. We think we canb ring 16-20 channels of good quality TV into smaller mark ets, so consumers can have more choice about what they w atch not in five years time, but the weeks and months ahead. Opportunity Outlining CWC and LIMEs vision, Mr Shaw said the company saw itself working alongside governments in the territories it operated in to develop telecommunications infrastructure vital to economic growth and opportunity, social development and labour productivity. We see BTC, we see telecommunications as an opportunity to help with the economic, social and political development of the Bahamas and its economy, he added. We dont think its five years away; its in the weeks and months ahead. Focusing on LIMEs work in St Vincent, Mr Shaw said provision of enhanced Internet bandwidth had created new e mployment opportunities by attracting DiscoveryWorks Legal to the island. This serves as a legal call centre and data storer/retriever, providing electronic discovery and other lit igation support services to US attorneys, government enti-t ies and corporate legal departments. Why cant it be that the Bahamas is not providing this service to the US market, which is 45 minutes away, Mr Shaw asked. In another CWC market, Guernsey, four of the worlds t op five e-gaming companies were based, attracted to the c ompanys high speed, controlled Internet infrastructure. Guernsey, Mr Shaw said, had more bandwidth than South Africa on an island smaller than New Providence. He added: Were trying to help that economy and these providers create employment and wealth for that market. CWC had also been instrumental in the provision of telemedicine and CCTV (Closed Circuit Technology P anama crime hot spots, Mr Shaw said, and enabled Ross Universitys Dominica campus to access education pro grammes online. STANDALONE BTC UNABLE TO ACHIEVE VITAL ECONOMIES FROM page 1B Container Port, roads and the harbour dredging. Are we prepared to invest in the diversification of our economy, Mr Turnquest said, the next pillar, or are we still stuck in the loop, doubling d own our bets on Nassau to carry the weight of the B ahamas, even though we know its not sustainable. The Grand Bahama Chamber touted the benefits of economic diversification as having spared the island an even worsetime during the past six years, saying he shuddered to think what would have happened had Freeport been reliant on just tourism and financial services. While Freeport and Grand Bahama had endured somewhat painfully the past six years, with unemployment unacceptably high due to tourism sector weakness, the e xistence of the Container Port, the South Riding Point and B ORCO facilities, Bradford Marines yacht repairs, and pharmaceutical and styrofoam manufacturers, Mr Turnquest said the island was still a net revenue source to the Government today, despite what they like to say about us. Still, the Grand Bahama Chamber chief said Freeport businesses and households were currently caught in the crossfire, and felt under attack and unsupported as a result of two recent moves by the Governm ent. A part from the controversy o ver the bonded letters, Mr T urnquest said Prime Minister H ubert Ingrahams recent announcement that the Government would not discuss the extension of Freeports business licence and real property tax exemptions, due to expire in 2015, until 2013 had sent shockwaves throughout the local community, and investors and potential investors. Everyone wants to know what happens five years down the road, not two-three years, and everyones concerned that in two to three years they may be faced with a real propertyt ax increase no one planned for, Mr Turnquest said. He added that when the Prime Ministers announcement w as made, one potential Freeport investor placed a call, stating: What exactly is meant by that? C ross-fire Pointing to the possible damage done to the second home market and business expansion by the prospect of a real prope rty tax rise, Mr Turnquest said: Grand Bahama residents ought not to be caught in the cross-fire. Apart from urging the Government to review the bond-e d letter situation, warning that this was bad social policy that could result in more unemployment and higher taxes, Mr Turnquest also called on it to assess the insane increase in b anking fees imposed on the b usiness community. He argued that the rise was likely a response to the increased bank licence fees imposed in the 2010-2011 Budget, and while it was not the Governments intention for the banks to pass these on to clients, this was what had happened. Mr Turnquest said this was heavily impacting Bahamian businesses that generated high revenues, but low profitability. The Grand Bahama Chamber chief said key adjustments would have to be made to the Bahamas tourism and financial services models, with the former being dominated by low-yielding cruise passengers at the expense of land-based hotels, and the latter underi ncreasing pressure from the G20/OECD. Mr Turnquest said the BTC p rivatisation had sparked a d ebate about increasing B ahamian ownership in the e conomy, but in a way that did n ot see the usual families and groups doing all the deals. T he current economic model, he added, had stifled creativity a nd innovation, and resulted in too much political interference and too much taxation to support it. F ROM page 1B $40M PROJECT EXPOSES WILL FOR INVESTMENT

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said BTCs existing cost structure was too high and needed to be reduced to prepare for competition, hence the need tor estructure the companys workforce. With BTC and the Bahamas set to become one of LIMEs t hree regional hubs, alongside Barbados and Jamaica, Mr Shaw added that while it was too soon to determine precise details, this structure meant thatw hile some jobs would leave this nation, other posts would also be transferred here. Emphasising that CWC and L IME remained committed to addressing the concerns harboured by the two unions representing BTCs staff, Mr Shaw said of the five-year businessp lan being developed for the state-owned incumbent: Were pretty much there. Weve been working on it w ith the BTC management team for the past couple of months, and Im pretty comfortable with where were at internally on it. Were almostt here. Were in good shape. Declining to go into specifics, Mr Shaw said LIME was also receiving input from the Government and its privatisation c ommittee, allowing them to c ritique the proposals, Mr Shaw a dded: Its a five-year plan. It d eals with pretty much every aspect of this, how were going t o improve service through to how were going to expand and i mprove the retail and distribution network, and to delivern ew products and enhance capacity for consumers, busin esses and the Government. Underlying the main business plan were documents such as technology, IT and support services plans, and Mr Shawa dded: Its a pretty comprehensive piece of work. The b usiness plan also dealt with the right level of capital investment, and how this varied from year to year, the industry average being 12-14 per cent of reve nues for this purpose per annum. T he LIME chief executive said CWCs experience as the i mcumbent monopoly through out the Caribbean, in 13 markets that had liberalised, would s erve BTC well in terms of preparing it, and transforming its internal culture, to prepare for competition. Noting that 49 per cent of B TC would remain in the hands of the Government and Bahamian investors, Mr Shaw said: If you get that wrong, y ou destroy all the value in it. We know from experience, know from our mistakes, that you have a long way to come back. If you get it right, in the long run you create a business t hat employs people, creates great value for customers, and d elivers a decent return for shareholders. Reducing BTCs cost structure will be critical to readying the business for competition, M r Shaw said, adding: The cost base is too high. It needs to c ome down. Currently, BTCs staff salary and benefit costs a re running at $90 million, e quivalent to almost one-quarter or 25 per cent of its per annum revenues, and the LIME chief executive indicated t hat Bahamian consumers were supporting this by paying a bove-market cellular phone rates, something BTC was able t o levy due to its monopoly in this segment. The reason that consumers are paying $0.30 or $0.40 centsa minute is because there is no competition today in mobile, and in any other market in the Caribbean, theyd be paying in the low double digits or high single digits, Mr Shaw explained, depending on fac-t ors such as time of day the call was made. You have to have a cost base able to withstand passing t he pricing benefits on to consumers. Competition arrives, and if you do not anticipate the competition, do not get ready for it, and do not adjust yourp ricing, the business loses market share and profitability, and in the long run employs less people than would have been e mployed in the first place. LIME was currently discussing BTCs cost base with the Government and privatisation committee, while the issuew as part of the debate we need to have with the unions, since it linked directly to the staff restructuring to come via e arly retirement/voluntary separation. Committed We always remain open and committed to talking with the u nions, Mr Shaw said. Im hoping that very soon we will s it around the table to talk about how they feel, all and anyc oncerns and issues they have. When it came to opposition t o BTCs privatisation and the $210 million sale of a 51 per cent stake to CWC, Mr Shaw t old Tribune Business he sensed some of it was political, w hich he and the company could do nothing about, and then there are some real and genuine concerns about the priv atisation among BTCs staff. This, he added, was very understandable, and LIME w ould love to have more dialogue about it with the unions. M r Shaw acknowledged that with LIMEs regional structure, a nd desire to gain economies of scale through consolidation of some services, some jobs would leave the Bahamas postprivatisation, yet BTC would gain in other areas as one of three hubs. We run two regional cent res today; one in Barbados, one in Jamaica, Mr Shaw explained. The Bahamas will become a third regional centre. W hat that means in practice, in reality, is that some jobs will transfer out of this centre, and some jobs will transfer in. The exact puts and takes a re still pretty much a work in progress. While initial competition would come from Cable B ahamas (possibly merged with Systems Resource Group) and other niche players and startups, Mr Shaw said the big one would come three yearsa fter privatisation with the arrival of a second mobile player in the Bahamian market. This, he added, could attract a third, and possibly a fourth, cellular player, although this could be limited by the size of the market. Its a good two or three years of work ahead to make sure the business [BTC] is ready for competition, Mr S haw said. The business has been on a journey of improving service, according to comments from businesses and consumers. Weve got to continue that andu p its pace, delivering a whole new suite of products and services. For consumers, we have to deliver real value and new t hings. Competition will change the landscape fundamentally and forever, and the business needs to be ready for that. Im hopingw e can run towards it and embrace it, and have a business that builds on its promise. Mr Shaw said he would be very disappointed if Bahamia n businesses and consumers did not see a good difference in the first year of a post-privatisation BTC, adding that delivering new products, buya nd top up ease, value proposition and ensuring the network was equipped to deal with data were high on the agenda. I think within the first year that consumers need to be able to look back and see a number of differences. If we have not made a good first impression, itw ill be hard to recover, Mr Shaw said. Shrugging off the writs filed by the BTC unions to block the s ale, Mr Shaw said he was highly confident that CWC would complete the 51 per cent majority stake purchase of BTC. T he company was running as hard as we can to support the Governments schedule, and Mr Shaw said: Im pretty o ptimistic. We certainly have the cash, the capacity and the wherewithal to get the deal done. BUSINESS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 326,7,216$9$,/$%/( 6(1,25$662&,$7(6 3ULFHZDWHUKRXVH&RRSHUVKDVYDFDQFLHVIRUTXDOLHGDFFRXQWDQWVZKRVH TXDOLFDWLRQVPDNHWKHPHOLJLEOHIRUPHPEHUVKLSLQWKH%DKDPDV,QVWLWXWHRI & KDUWHUHG$FFRXQWDQWV3URVSHFWLYHFDQGLGDWHVVKRXOGKDYHDWOHDVWWKUHH UHFHQW\HDUVRISXEOLFDFFRXQWLQJDQGDXGLWLQJH[SHULHQFHDQGEHFRPSXWHU O LWHUDWH 7KHSRVLWLRQVRIIHUFKDOOHQJLQJZRUNLQWKHQDQFLDOVHUYLFHVLQGXVWU\DQG R WKHUDUHDVRILQGXVWU\DQGFRPPHUFH7KHVDODU\VFDOHZKLFKUHFRJQL]HV GLIIHUHQWOHYHOVRIH[SHULHQFHDQGVNLOOLVGHVLJQHGWRUHZDUGKLJK S HUIRUPDQFH,QDGGLWLRQWKH)LUPSURYLGHVH[FHOOHQWPHGLFDOLQVXUDQFHDQG SURYLGHQWIXQGEHQH 3OHDVHVXEPLWDQDSSOLFDWLRQOHWWHUZLWK\RXU&XUULFXOXP9LWDHWR +XPDQ&DSLWDO/HDGHU 3ULFHZDWHUKRXVH&RRSHUV 3 1 DVVDX7KH%DKDPDV FROM page 1B LIMEs BTC plan pretty much done DAVID SHAW

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RYAN NAKASHIMA, AP Business Writer LOS ANGELES S top the presses completely. The world's first iPad newspaper, The Daily, is prepping for launch. Journalists have been hired and are in place at multiple U.S. bureaus, including Los Angeles and New York. The formal announcement of t he digital publication owned by News Corp. will be made at an event at the San Francisco Museum of Modern Art on Jan. 19, according to two people familiar with the matter. The people said the event will be attended by Steve Jobs, chief executive of iPad-maker Apple I nc., and Rupert Murdoch, CEO of News Corp. The people were not authorized to speak publicly and spoke on condition of anonymity. Details are scant, including how much a subscription to the tablet-only paper will cost, if there is indeed a fee, but the n ame at least implies it will come out once a day. It will cover general news, culture and e ntertainment and will include v ideo. The publication is a bold a ttempt by Murdoch to rewrite t he business of journalism, as revenue from print circulation a nd advertising has plunged and growing advertising saleso n websites have not made up the difference. A t an investor's conference last month, News Corp. Chief O perating Officer Chase Carey called The Daily a "small bet"b ecause costs were limited m ainly to a modest editorial staff. By contrast, printed news-p apers also have such costs as newsprint, ink and delivery. C arey touted the benefits of tablet computing technology. "We didn't want it for a PC," he said. "We think the tablet, y ou know, is a unique experience. You can design something that takes advantage of that experience, takes advant age of the multimedia capabili ties of it, the technological capabilities of it. I think it couldbe an interesting product." News Corp.'s other digital i nitiatives are setting the pace in a struggling industry. The Wall Street Journal's w ebsite has required a paid subscription for 14 years and now has nearly 450,000 electronic subscribers, according to the latest report by the AuditB ureau of Circulations. The newspaper charges $3.99 per week for an iPad subscription, which includes access to its w ebsite. News Corp. won't say how many people are paying, but more than 1 million have downloaded the app for free (itc ontains some preview materia l, but full access is restricted). In Britain, since July, News Corp.'s The Times of London and Sunday Times require at least a one-pound payment to access content beyond the front p age online. While online visitors have plummeted, Carey has been upbeat about the financial prospects of the new m odel, though he acknowle dged the businesses will take years to build. The company's push toward paid content comes as its MySpace entert ainment site, which is free to users, has lost hundreds of millions of dollars annually and moved this week to slash half of i ts staff, or about 500 people. N ewspaper publishers view the iPad and other tablets as a golden opportunity because they can sell ads and subscript ions at higher prices than they have been able to get on websites, though those rates are still lower than for print. User behavior so far has indicated that reading on the iPad i s more of a "lean back" experience akin to perusing a print newspaper. Apple is the clear leader of the tablet makers, selli ng an estimated 13 million i Pads since its launch in April, but a bevy of electronics makers including Motorola Mobility Inc., Toshiba Corp. and Dell I nc. showed off their tablets last week at the International Consumer Electronics Show in Las Vegas. Technology research f irm Gartner Inc. expects that 5 5 million tablet computers will be shipped this year. The New York Times offers a free iPad version of its newsp aper. Installed on about 1.5 million tablets, the app will require a subscription later this year. BUSINESS THE TRIBUNE FRIDAY, JANUARY 14, 2011, PAGE 7B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM .,5./$1'-(5(0,$+ 6 0,7+RI%HUQDUG5RDG)R[+LOO1DVVDX%DKDPDV 5 2wk-Hi52wk-LowSecurit y P revious CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .260.97AML Foods Limited1.001.000.004,0000.1500.0406.74.00% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.184.50Bank of Bahamas4.904.900.000.1530.10032.02.04% 0.580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.492.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.2110.210.001.0500.3109.73.04% 2.842.36Colina Holdings2.402.400.000.7810.0403.11.67% 7 .005.40Commonwealth Bank (S1)6.856.850.000.4220.26016.23.80% 3 .651.63Consolidated Water BDRs2.112.07-0.040.1110.04518.62.17% 2 .551.60Doctor's Hospital1.601.600.000.1070.11015.06.88% 6.995.94Famguard6.076.070.000.3570.24017.03.95% 10.207.23Finco7.237.230.000.2870.52025.27.19% 11.408.77FirstCaribbean Bank9.399.390.000.6450.35014.63.73%5 .513.75Focol (S)5.515.510.002000.3660.21015.13.81% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7.405.00ICD Utilities7.407.400.000.0120.240616.73.24% 10.509.82J. S. Johnson9.829.820.000.8590.64011.46.52% 10.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 1 00.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk Hi 52wk Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield BISX LISTED & TRADED SECURITIES AS OF:7% I nterest 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W W W.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%20 November 2029THURSDAY, 13 JANUARY 2011B ISX ALL SHARE INDEX: CLOSE 1,490.63 | CHG 0.05 | %CHG 0.00 | YTD -8.88 | YTD % -0.59BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)M aturity 19 October 2017FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas Supermarkets5.016.0114.00-2.9450.000N/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 2.94742.8300CFAL MSI Preferred Fund2.94742.10%2.09%2.918697 1.57431.4954CFAL Money Market Fund1.57404.44%4.44%1.555464 3.20252.8522Royal Fidelity Bahamas G & I Fund2.720212.72%4.63% 13.638813.0484Royal Fidelity Prime Income Fund13.2825-0.63%-0.14% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.14151.0000FG Financial Preferred Income Fund1.14154.74%5.21% 1.11011.0000FG Financial Growth Fund1.11013.94%7.60% 1.14281.0000FG Financial Diversified Fund1.14284.78%5.90% 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% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.6635-3.37%-3.37% 8.16434.8105Royal Fidelity Int'l Fund Equities Sub Fund8.39798.82%8.82% 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-10BISX Listed Mutual FundsNAV Date 30-Nov-10 30-Nov-10 30-Nov-10CFAL Securities Ltd. (Over-The-Counter Securities)TO 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 31-Dec-10 31-Dec-10 31-Dec-10MARKET TERMS30-Nov-10 NAV 6MTH 1.475244 2.919946 1.538692 107.570619 105.776543 30-Jun-10 30-Nov-10 30-Nov-10 31-Dec-10 7 KH(QWUDQFH([DPLQDWLRQIRU V WXGHQWVZLVKLQJWRHQWHU*UDGH 6 HYHQ D W $XJXVWLQH&ROOHJHIRU 6 HSWHPEHUZLOOEHJLYHQ ) ULGD\ W K 'HDGOLQHIRUUHJLVWUDWLRQIRUWKLVH [DPLQDWLRQLV )ULGD\-DQXDU\VW (OLJLEOHVWXGHQWVPD\UHJLVWHUDW WKHLU3ULPDU\6FKRROVRUDW $XJXVWLQH&ROOHJH 21/< 6WXGHQWVLQ*UDGH6L[ZLOOEH DOORZHGWRVLWWKH(QWUDQFH([DP CHIP CUTTER, AP Business Writers DAVID K. RANDALL, AP Business Writers NEW YORK Stocks dipped Thursday after a report found that more people applied for unemployment benefits last week. The Labor Department said first-time applications for unemployment benefits rose 35,000 from the week before to 445,000. Itwas the highest level since October and above what economists had predicted. "It was a disappointing number," said Kim Caughey Forrest, an a nalyst at Fort Pitt Capital. Merck & Co. fell 6.6 percent to $34.69 after announcing that clini cal trials of its cardiovascular drug vorapaxar would be discontinued for some patients. Merck fell the most among the 30 stocks t hat make up the Dow Jones industrial average. Home Depot Inc., which gained 1.3 percent, led the index. The Dow fell 23 points, or 0.2 percent, to 11,731.9. The Standard and Poor's 500 lost 2, or 0.2 percent, to 1,283.76. The Nasdaq composite lost 2, or 0.1 percent, to 2,735.29. L osses were spread across the market. Seven of the 10 company groups that make up the S&P 500 fell. Materials companies hadt he largest move, falling 0.8 percent. Whole Foods Market Inc. jumped 4.6 percent to $52.31 after an a nalyst said that the company's shares would continue to rise because its customers are willing to pay higher costs for food. T he company is up nearly 80 percent over the last year. The Labor Department also reported Thursday that wholesale prices in December rose by the largest amount in nearly a year, asa result of higher energy and food costs. Most other prices rose only slightly, suggesting inflation isn't spreading through the econom y. A decline in the dollar helped limit stock losses. The dollar lost 1.1 percent against an index of six currencies after successful bonda uctions by Spain and Italy pushed the euro higher. The dollar's slide helps U.S. companies that rely on exports by making their p rices more competitive overseas. After the market closed, Intel Corp. reported that its income rose 48 percent last quarter. That easily beat analyst estimates. Bond prices rose, pushing their yields lower. The yield on the 10year Treasury note fell to 3.30 percent from 3.35 percent late W ednesday. That yield is used to set interest rates on many kinds of loans including mortgages. F our shares rose for every three that fell on the New York Stock Exchange. Consolidated volume came to 4.4 billion shares STOCKS DIP AS MORE APPLY FOR UNEMPLOYMENT BENEFITS Journalists to launch News Corp's iPad newspaper LOOKINGFORWORK: Angela Harrington waits in line to attend a job fair, Dec. 8, 2010 in New York. A P P h o t o / M a r k L e n n i h a n INTERNATIONAL BUSINESS

PAGE 16

BUSINESS PAGE 8B, FRIDAY, JANUARY 14, 2011 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM MATTHEW DALY, Associated Press WASHINGTON The Obama administration is considering ways to increase civil penalties for companies that violate rules for offshore drilling, a senior regulator said Thursday. Michael Bromwich, director of the Interior Department's Bureau of Ocean Energy Management, said current fines of up to $35,000 per incident per day are "patently inadequate to deter violations." In a speech at the Center for Strategic and International Studies, Bromwich said legislation likely would be required to make meaningful changes. Bromwich praised a report this week by a presidential panel investigating the BP oil spill, and said his agency has already begun many of the reforms the report urges. "The Deepwater Horizon tragedy has shaken government and I hope industry out of a complacency and overconfidence that had developed over the past several decades," Bromwich said. Increased dangers of ultra-deep water drilling "were not matched by increased vigilance and concern for the safety of those operations." Bromwich said he understands the frustration of the oil and gas industry a nd its supporters, who accuse the Obama administration of moving too slowly to allow new drilling in the Gulf of Mex ico. But he said new rules were needed to keep pace with technological advances and industry ambitions to drill in ever deeper waters. "A retreat on drilling safety is simply not an option," he said. Carlton Carroll, a spokesman for the American Petroleum Institute, the oil industry's chief trade group, said industry and the government have worked hard to improve offshore safety since the BP spill last April. "While continued vigilance on safety is essential, the time has come to get back to work producing the ener gy the nation needs," Carroll said. "Too many people remain out of work, and too much future energy and revenue production are at risk should delay continue." Bromwich said new permits for deepwater drilling are likely to be issued in the first half of the year, but probably at a slower rate than before the spill. "I would be stunned if we wait until the third or fourth quarter" of 2011 to issuea new deepwater permit, he said. DAVID KOENIG, AP Airlines Writer DALLAS American Airlines says ITA Software Inc. will provide tools to help the airline sell more individualized offerings to passengers. A top official at the airline says American wasn't swayed by search giant Google Inc.'s pending acquisition of ITA, a deal thats pooked some travel companies. American's chief information officer, Monte Ford, said Thursday that new software will help the airline better manage its inventory and sell additional products and services. A s an example, Ford said, it would let American target a passenger whose flight is canceled with offers for first chance at seats on later flights, priority booking and hotel rooms. AMR Corp.'s American is fighting with travel data provider Sabre and online travel agencies over how its tickets will be dis-p layed and sold. Orbitz and Expedia no longer list American flights, and Sabre buried American flights in information it provided to travel agents until the airline got a judge to temporarily block Sabre's move. F ord said the ITA software will be used regardless of who sells the ticket, and won't affect the dispute with Sabre. He said Sabre and other data providers, called global distribution systems, bid against ITA. Contract terms were not disclosed. ITA, which provides technology to run airline reservations, has a greed to be acquired by Google for $700 million. A group of travel companies led by Expedia Inc. oppose the deal, fearing that Google could use ITA to unfairly manipulate online travel searches and hurt competitors. American has not taken a position on the Google-ITA deal, which is being reviewed by federal antitrust regulators. A MR shares rose 2 cents to $8.46 in afternoon trading. Drilling chief seeking higher fines for offences (AP Photo/Gerald Herbert, File DISASTER: This April 21, 2010 file photo, the Deepwater Horizon oil rig burning after an explosion in the Gulf of Mexico, off the southeast tip of Louisiana. AMERICAN AIRLINES HIRES ITA SOFTWARE FOR UPGRADE J ORDAN ROBERTSON, AP Technology Writer S AN FRANCISCO Intel Corp. said Thursday that fourth-quarter net income rose 48 percent and revenue rose 8 percent, as sales of server chips have helped offset weakness in sales in chips for consumer PCs. A s the world's No. 1 maker of computer processors, Intel has a pulse on consumer and corporate spending on technology. Itsr esults help set the tone for other tech companies' quarterly results. Net income was $3.39 billion, or 59 cents per share, for the last t hree months of 2010. In the same period in 2009, it was $2.28 billion, or 40 cents per share. According to FactSet, analysts expect e d 53 cents per share. Revenue rose 8 percent to $11.46 billion. Analysts predicted $11.38 billion. In a statement, Intel CEO Paul Otellini says 2010 "was the best year in Intel's history." Intel's 4Q net leaps 48 pct in sign of PC strength


THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 3



LOCAL NEWS



Voluntary Bil

of Indictment
presented in
robbery case

PROSECUTORS yester-
day presented a Voluntary
Bill of Indictment in the case
of three men accused of a
robbery at First Caribbean’s
Sandy Port location last July.

Garth Hall, Sean Light-
bourne and Theodore Ash
were arraigned before
Deputy Chief Magistrate
Carolita Bethel yesterday.

The men were charged
with two counts of armed
robbery, two counts of pos-
session of a firearm with the
intent to endanger life, one
count of damage, one count
of stealing and one count of
receiving.

It is alleged that the men
on Wednesday, July 28,
while armed with a handgun
and an AK 47 assault rifle,
robbed the First Caribbean
Bank branch of a total of
$30,317.

It is also alleged that the
two men were in possession
of firearms with intent to
endanger the lives of WPC
2040 Gardiner and PC 9 Bur-
rows.

Prosecutor Basil Cumber-
batch yesterday presented a
Voluntary Bill of Indictment
so that the case can be fast-
tracked to the Supreme
Court.

The men who are cur-
rently on remand are expect-
ed to be arraigned before
Senior Justice Jon Isaacs on
April 1.

North Andros MP
denies reports
alout Evans being
next PLP cantlidate

REPORTS that the PLP is
seeking to run BCPOU pres-
ident Bernard Evans as their
next candidate for the North
Andros constituency were
denied yesterday by the
area’s current MP.

Describing the reports as
“utter nonsense,” Vincent
Peet told The Tribune that
Mr Evan’s brother is one of
his “top generals” and that
the union leader’s relatives
are among his biggest sup-
porters.

“It can’t happen. People
just enjoy mischief making —
that’s all that is,” he said.

As he is one of party leader
Perry Christie’s strongest sup-
porters, Mr Peet said, there
may be some in the party
who want to “pick” him off —
but these efforts will ulti-
mately fail as his support in
North Andros is “stronger
than ever.”

“Even if (Prime Minister
Hubert) Ingraham went in
there, I would beat him,” the
MP said.

His comments came after
sources in the PLP suggest-
ed that there was a plan afoot
within the party to remove
Mr Peet and replace him with
Mr Evans in the run-up the
2012 general election.

This move, one of them
said, could spark an “all out
war” in the party.

“Obviously Mr Evans is
very vocal in the BCPOU,
but that is the BCPOU. This
is the PLP; this is politics.
This is us dealing with the
lives of the Bahamian people
and obviously this contradicts
everything that we are about
in the PLP,” he said.

Another source said cer-
tain senior party officials are
“continuing to meddle and
move people into places
where they think they can just
walk into the party and go
into an area having done no
work. These people have no
connection with the residents
there, and in my opinion they
are ‘minority candidates’. It’s
as if they are deliberately
seeking to make the PLP an
Opposition party once again.”

Repeated attempts to reach
Mr Evans for comment on
the matter were unsuccessful

up until press time last night. |





Vehicles erupt into flames in fatal
crash on Grand Bahama Highway



Vandyke Hepburn/Photo

HORRIBLE CRASH: Pictured are the remains of the Jeep Cherokee involved in the fatal crash that claimed the life of two people. One of the victims, Maure Noel (inset), was

badly burned in the crash.

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Two per-
sons were killed and a third
was seriously injured when
two vehicles collided and
erupted into flames on the
Grand Bahama Highway on
Wednesday night.

The badly burned bodies of
a Haitian man and Bahami-
an woman were discovered in
one of the vehicles, a Chero-
kee Jeep.

Their deaths have been
classified as the first and sec-
ond traffic fatalities on Grand
Bahama for 2011.

Although police have not
yet released the identities of
the deceased, The Tribune has
learned that the victims are

Maure Noel, 28, of No 26C
Nansen Avenue, and Jacinta
Colebrooke of No 2 Colum-
bus Drive.

The male driver, who was
injured in the second vehicle,
a Ford Expedition SUV, is
detained at the Rand Memo-
rial Hospital. His identity and
condition were not known up
to press time yesterday.

Police liaison officer Asst
Supt Loretta Mackey report-
ed that police received a
report around 10.15pm on
Wednesday that two cars,
which had been involved in
an accident, were on fire.

Upon arrival at the scene
near Gold Rock Construc-
tion, firefighters and police
found a Ford Expedition and
a Cherokee Jeep engulfed in
flames.

The driver of the Ford was
taken to hospital by ambu-
lance while the remains of Mr
Noel and Ms Colebrooke
were removed from their Jeep
and taken to the morgue.

Arsene Dieugste said he
received the news of his
brother’s death from police
yesterday morning.

“T feel very, very bad when
police called me and tell my
brother died in car accident,”
he said.

Mr Dieugste said his broth-
er, who was the father of a
young child, has been in the
Bahamas for 13 years and was
employed part-time.

Ms Colebrooke was the
mother of two teenage daugh-
ters.

When The Tribune visited
the Colebrooke residence on

Witnesses ‘admit they could offer no
evidence’ in Bishop Fraser's trial





WITNESSES called to testify in Bishop
Earl Randolph Fraser’s trial yesterday admit-
ted that they could offer no evidence relating
to the unlawful sex claims against him.

A pastor at Pilgrim Baptist Temple on St
James Road, Bishop Fraser has pleaded not
guilty to having sex with a 16-year-old girl
between July 2005 and February 2006.

Four witnesses were recalled yesterday for
cross-examination by lead prosecutor
Franklyn Williams.

Witnesses Carmel Penn, Ruth Edgecombe,
Leroy Major and John Forbes, who is Bishop
Fraser’s brother, all said that they could offer
no evidence concerning the charges.

Also taking the witness stand was Sabrina
Woodside, a deaconess and chief protocol
officer at Pilgrim Baptist Temple. She recalled
that while attending the worship service on

Palm Sunday in 2006 she heard a commotion.

“T figured it was a scene of a play,” she
said.

She told the court that a woman and a man
stormed into the church and proceeded to the
altar.

Mrs Woodside said the woman pointed
towards Bishop Fraser shouting, “See him
there.” She told the court that Bishop Fraser
got up and walked to his office.

Kenneth Brice was also called to the witness
stand yesterday.

He admitted that he could offer no evi-
dence clarifying why semen was found on the
carpet in the Bishop’s office.

The trial resumes before Deputy Chief
Magistrate Carolita Bethell today.

Bishop Fraser remains on $10,000 bail. He
is represented by attorney Wayne Munroe.



6)
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on ALL;

Christmas candles
Christmas ribbon
Decorations
Poinggiil ins



The management and staff of H
customers sincere thanks for co .N
We wish you a New Year of Peac A

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JANUARY






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Columbus Drive yesterday,
two policewomen from the
Police Victim’s Care Unit
were counselling the two
daughters.

ASP Mackey said investi-
gations are continuing into
the incident.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


PAGE 4, FRIDAY, JANUARY 14, 2011

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

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

Tucson rampage casts light on toxic tone

WASHINGTON — Politicians of all
stripes are bound to be haunted by Rep.
Gabrielle Giffords' warning, 10 months
before she was shot, to cool the rhetoric.

It's been a year or more of raw politics,
with anger spilling over on both sides and
gun-related metaphors coming loosely from
the lips of some candidates and activists.
Giffords, a figurative target of the right, on
Saturday became the actual target of a gun-
man who shot her through the head and
killed at least five others. She was critically
wounded.

The gunman's motive is not known.

But in Pima County, Ariz., Sheriff
Clarence Dupnik suggested "all this vitri-
ol" in recent political discourse might be
connected to Saturday's shootings. "This
may be free speech," he told reporters, "but
it's not without consequences."

Whatever the motive, the toxic tone of
the national debate is certain to draw greater
scrutiny.

"We do know that politics has become
too personal, too nasty and perhaps too dan-
gerous,” said Jonathan Cowan, president of
the centrist Democratic group Third Way.
"Perhaps out of this senseless act some sense
can return to our public discourse."

In the aftermath of the rampage, the
House's newly installed Republican leaders
postponed Wednesday's scheduled vote to
repeal the new health care law, the issue at
the centre of the harshest criticisms of Gif-
fords and many other Democrats for the
past two years. Lawmakers from both parties
were deeply shaken.

Many lawmakers, especially Democrats,
felt the 2009-2010 debate over health care
sometimes got out of hand. It began with
emotional town hall meetings in the sum-
mer of 2009, when some critics warned of
government "death panels."

Giffords, 40, was among lawmakers who
reported 42 threats or acts or vandalism in
the first three months of 2010, a big increase
over the previous year, law enforcement
officers said. Nearly all the threats dealt with
the massive health care bill that Giffords
and other Democrats enacted over fierce
Republican opposition.

In March, someone kicked in or shot out
a glass door and side window at Giffords'
office in Tucson, a few hours after the House
passed the health care measure with her
help.

Giffords also was among about 20

Come bea

Democrats opposed in last fall's elections
by Sarah Palin, the 2008 GOP vice presi-
dential nominee. Palin's Facebook page in
March posted a U.S. map with the cross-
hairs of a gun scope imposed over each of
the 20 Democrats’ districts. Gun imagery
appeared in various ways in the campaign,
often not connected at all with gun rights.

"We're on Sarah Palin's targeted list,"
Giffords said at the time. "The way that she
has it depicted has the crosshairs of a gun
sight over our district. When people do that,
they've got to realize there are consequences
to that action.”

Palin's Facebook page had the following
comment in the hours after the shooting:

"My sincere condolences are offered to
the family of Rep. Gabrielle Giffords and the
other victims of today's tragic shooting in
Arizona."

Ferocious comments, and even occasion-
al violence, certainly animate American pol-
itics from time to time; witness the bloody
drive for racial equality and desegregation,
and the anti-war protests, of the 20th centu-
ry. The question now, and again, is how
much is too much, and how hot is too hot, in
political discourse.

"Anger and hate fuel reactions," said
Democratic Rep. Raul Grijalva, whose Ari-
zona district also includes parts of Tucson.
He said he was not assessing blame, and
Saturday's shootings might be the work of "a
single nut."

But he said the nation must assess the
fallout of "an atmosphere where the political
discourse is about hate, anger and bitter-
ness."

The Jewish Council for Public Affairs
said in a statement: "While we do not know
the motives for today's attack, we do know
that it cannot be viewed apart from the cli-
mate of violence and the degradation of civ-
il society that are anathema to democracy."

The suspected shooter, Jared Loughner,
complained about the government in online
diatribes that also spoke in scattered ways of
currency, terrorism and "mind control.” But
what might have driven him to violence has
not been established.

"We don't yet know what provoked this
unspeakable act," President Barack Obama
said from the White House. "We are going
to get to the bottom of this.”

(This article was written by Charles
Babington of the Associated Press).



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A lot of
noise on
BTC issue

EDITOR, The Tribune.

There is a lot of noise com-
ing out of many mouths on
the BTC issue, and many of
those barrels have lost their
credibility to speak on the
issue, because they are only
reacting.

The politicians who were
trying to do worse than what
the government is doing now,
the union leadership who
have not held their members
responsible for the way that
they discharge their duties to
a paying public, and all of this
being carried out under the
cloak of “Bahamianisation.”

You cannot Bahamianise
what you already own, and if
you want to privatise a busi-
ness you cannot use the gov-
ernment as a surety of any
sort.

As an aside, I listen to the
story of the local air charters
who have to struggle with the
increases that Bahamasair
does not have to deal with
and we begin to see how cost-
ly it is to be in “private busi-
ness”, and these companies
have to compete with
Bahamasair, a company that
has direct access to the public
treasury.

Some may be wondering
why the BTC squabble is not
getting the public’s support?
The public understands more
than the people making noise
that this culture has not

LETTERS

letters@tribunemedia .net



matured enough to make
decisions that are fair to all
and sundry, and we have sort
of jumped the gun on the
wanting to privatize anything
in this country because there
is a glaring absence of effec-
tive Conflict of Interest and
Anti-Trust Legislation to pro-
tect those who would enter
business arrangements. The
fact that lawyers and politi-
cians seldom go to jail is evi-
dence of this.

Bahamians would prefer
Bahamians to possess and
own the instruments that gen-
erate wealth for Bahamians,
but we are caught between a
rock and a hard place as we
try to sort out what is needed.
Darron Cash is right but only
in the sense that sometimes
you have to take your mes-
sage beyond the point that
you want to make if you want
to make a point, but we have
to realise that effective pri-
vatisation requires an atmos-
phere that is alien to this very
young socio-political culture.
We are still looking out for
our mothers, sisters, uncles,
nephew’s child and this thing
about “who you know” is still
causing pain for many.

However, a move has to be
made. The news from the
north, tells us of the struggle
Verizon had to get into a mar-
ket that ATT had a strangle-
hold on for many years, and
the amount of rejoicing that
happened when _ the
announcement was made that
Verizon had brought com-
petitiveness, resounded all
over the US and to think that
this struggle took place in an
environment that has a cul-
ture of privatisation gives us
an indication that it is going to
take more than talk, and stir-
ring up the public’s emotions
about “our things.”

What remains to be seen is
that those who are speaking
for Bahamians really have
their interest at heart and that
this exercise will not result on
a run on the Public Treasury
or the funds at NIB. The real-
ity is this.

If privatisation happens and
the money does not come
from private entities in com-
bination with the government,
most of it will have to come
from the two aforementioned
sources.

The absurd possibility of
the Bahamian public having
to pay this “bill” should not
be seen as far fetched.

EDWARD
HUTCHESON
Nassau,

January 12, 2011.

Why would Bahamians of any stripe
or visitors not prefer better service?

EDITOR, The Tribune.

In their advertisement for a
meeting at R M Bailey Park the
unions said that their agenda
was to educate Bahamians on
the real issues as hereunder: I
do not know who drafted this
notice but it seems that they
are blind or are deaf.

“1) National development
through liberalization and com-
petition.”

As far as I am aware, Cable
and Wireless is a well-known
telecommunications company
with partners throughout the
Caribbean and elsewhere. They
are in a better position than the
unions to develop The
Bahamas’ old telecommunica-
tions functions.

“Liberalization and compe-
tition” — my understanding is
that the BTC will be upgraded
first in order for it to better
compete with the newer opera-

tions because after an agreed
period competitors will be
allowed to enter the market.
BTC only makes money while
it is protected from other com-
panies.

“2) The privatization of BTC
in a manner that supports
national development.”

This is the same as No 1
above where C&W will set
about to upgrade BTC to world
standards and make it a viable
entity to compete with the new-
er emerging telecommunica-
tions companies.

“3) Bahamian ownership of
BTC through the purchase of
shares.”

This has been widely publi-
cized from the outset that
shares will be offered to the
public. Are these people blind
or deaf?

“4) The empowerment and
advancement of Bahamian
workers.”

DEATH
NOTICE

The management
and staff of
Spotless Cleaners Ltd.

regret to inform the

public of the passing of

Mr. Kenneth
H. Cowderoy

founder
of

Spotless Cleaners Ltd.



A general statement which
probably sounds good. Howev-
er, how can workers advance if
they do not learn?

C&W is in a better position
than the unions to train
Bahamians in the modern tech-
niques than the unions who are
accustomed to the old systems
now being employed.

Finally, the best thing about
C&W is that there will be low-
er charges to customers and
better management. Now, why
would Bahamians of any stripe
or visitors not prefer better ser-
vice?

Anyone who does not want
this for Bahamians must be
against the welfare of Bahami-
ans because we all want to save
money and obtain optimum
telecommunication services.

So the crux of the argument
is that Cable and Wireless
means better service for all at
lower costs with dividends for
our national coffers and oppor-
tunities for entrepreneurs. Why
would anyone not want this?

ADVOCATE FOR
Bahamas
Telecommunications
for Bahamas
Nassau,

January 12, 2011.

Medical Tourism
Catch-word

EDITOR, The Tribune.

A new catch-word of
Medical Tourism is being
said quite often but unless
the government pro-active-
ly initiates and includes the
Medical Tourism projects
so they receive the same
incentives as an hotel —
time-share— this will just
pass and yet again because
of red-tape, lack of vision
will have missed the
proverbial boat.

The Prime Minister as
Minister of Finance has to
include this sector where a
facility is developed to pro-
vide rental rooms and
medical services will
receive all the duty-free
incentives offered to the
Atlantis’s Baha Mar’s of
this world.

If we don’t then we will
have yet again missed the
ship.

ABRAHAM
MOSS

Nassau,

January 11, 2011.
THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 5



LOCAL NEWS



Teacher’s murder prompts call |
for national moment of silence

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Following the mur-
der of an educator this week in the cap-
ital, a Grand Bahama scholar is calling
on Cabinet and the Bahamas Christian
Council to collaborate in observing a
national moment of silence for murder
victims.

Leslie Minnis, principal of Alpha
Omega Christian Academy, said the
death of Uriah McPhee teacher Denise
Adderley should act as a spur for a dif-
ferent and more “sensible” response to
murders.

“T would like to ask all bishops and
pastors to retake every street of our
nation, especially on the island of New
Providence on a day to be determined
by the Bahamas Christian Council, in



MURDER VICTIM: Uriah McPhee teacher Denise Adderley.

the form of a signing and praying pro-

cession.

“T would also like to ask the Cabinet
under the leadership of the prime min-

ister to proclaim a two-hour work stop-
page on a day of their choosing so that
the citizens, residents, and visitors could

reflective respect for all of the Bahami-
ans who have been murdered across
our beautiful archipelago,” he said.

killed while in her car at the Texaco
Service Station at the corner of Wulff
and Kemp Road on Sunday evening.
She became the third homicide victim of
the year.

On Wednesday, taxi driver John
Manuel Adderley, 37, was arraigned,
charged with her murder.

“T have been following this homicidal
activity for quite a while when the
young lady was killed in Sea Breeze sit-
ting in her car.

“T felt there should have been a
national outcry to really put this trend in
regression, but it continues to escalate
and it appears as if we are getting some
euphoric response from counting the
numbers,” Mr Minnis said.

He added: “There has to be differ-
ent ways for persons to resolve their
differences other than killing one anoth-
er.”

Mr Minnis noted that the homicide
rates in our neighbours’ Jamaica and
Trinidad are out of control, with rates

observe 120 minutes of prayer and

Denise Adderley, 39, was shot and

sometimes in the thousands.

Government satisfied with its help
towards Haiti’s earthquake recovery

ONE year after a devastat-
ing earthquake struck Haiti,
Brent Symonette, Deputy
Prime and Minister of Foreign
Affairs and Immigration, says
he is satisfied with the Bahamas’
support to the recovery efforts.

On January 12, 2010, a pow-
erful earthquake struck Haiti,
killing more than 200,000 and
leaving more than one million
homeless.

The Bahamas joined with the
Caribbean Community (CARI-
COM) through the Caribbean
Disaster Emergency Manage-
ment Agency (CDEMA) and
assisted in the worldwide recov-
ery efforts.

“Tam satisfied that the
Bahamas and the Caribbean
have done as much as could be
done against the backdrop of
the recession and other issues.

It’s a vast problem, thousands
died and many properties were
destroyed. We need to continue
to keep them in our prayers,”
Mr Symonette said.

He said the Bahamas has
never experienced such devas-
tation, to the point where hun-
dreds of thousands of people
died.

Outcry

To the public outcry when
the government decided not to
repatriate apprehended
Haitians following the earth-
quake, Mr Symonette said that
it was “the humanitarian thing
to do.”

Millions of dollars were
pledged in relief aid and
rebuilding efforts, and the inter-

national community also wrote
off millions in debt Haiti owed.

However, recent elections
have posed a challenge to the
whole recovery and rebuilding
efforts.

“They unfortunately have
had one challenge after the oth-
er. We here in the Bahamas
have never had that to any great
extent,” Mr Symonette said.

He said many Haitians are
coming to the Bahamas to find
a better way of life.

“Tf there are jobs here, obvi-
ously Bahamian dollars can be
converted into the American
currency. It’s big money — they
are coming here to make a bet-
ter way of life for themselves
and their families,” he said.

The government appointed
Commodore Clifford Scavella
as Ambassador to Haiti, from



where he provides reports on
the progress of recovery efforts.
“Tt is very useful for us to
understand what is happening
and we look forward to contin-
ue fostering relations with
Haiti,” Mr Symonette said.

Cholera

An issue following the earth-
quake was the outbreak of
cholera, which has posed some
difficulty regarding the issuance
of visas to Haitians wanting to
travel to the Bahamas.

“The government is also
monitoring this situation. The
ambassador is doing an excel-
lent job,” Mr Symonette said.

He also credited the Royal
Bahamas Defence Force on the
role it plays in protecting the

country from either illegal
poachers, illegal migrants and
in some cases, those involved
in drugs and arms trafficking.

“We have seen a steady flow
of illegal migrants. I don’t think
the number of persons who
came right after the earthquake
could have been predicted.
There were possibly reasons for
that — the increased vigilance
on behalf of the Bahamas, the
United States and others to
make sure that vessels were
identified.

“There will constantly be a
stream of people. We have
looked at that,” Mr Symonette
said.

Meanwhile, the government
will continue with its repatria-
tion exercises to all countries
whose nationals land here ille-
gally, he said.



TEMPORARY ROAD
CLOSURE AT EAST
STREET, ROBINSON
ROAD JUNCTION

THE Ministry of Public
Works and Transport is advis-
ing the motoring public that a
temporary road closure and
traffic diversions will be car-
ried out on sections of East
Street to allow for the com-
pletion of drilling works start-
ing on Monday, January 17,
and continuing for approxi-
mately three days.

Motorists are asked to
observe the traffic manage-
ment signs in place and travel
with caution while the work is
being carried out.

Detours will be clearly
marked to allow for the safe-
ty for pedestrians and
motorists, the ministry said.

“The Ministry of Public
Works and Transport takes
this opportunity to thank the
public for their continued sup-
port and patience during the
construction period. We apol-
ogise for any inconvenience
that the closure may cause
and request that the public
use the alternate routes pro-
vided.”

ROAD DIVERSIONS:

¢ East Street South

Motorists travelling north-
bound should divert through
Zion Boulevard, use Antonio
Drive and Victoria Boulevard
as alternate routes and con-
tinue on East Street South to
their destination.

¢ Zion Boulevard

Motorists travelling east-
bound should use Antonio
Drive and Victoria Boulevard
as alternates.

¢ Bamboo Boulevard

Motorists travelling west-
bound should use Zion
Boulevard, Antonio Drive
and Victoria Boulevard as
alternates.

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Butler’s Funeral Homes

& Crematorium

Telephone: 393-2822, York & Ernest Sts,
P.O, Box N-712, Nassau, Bahamas

CARRE
Iris Maud Knowles, 62

of 5th Street Coconut Grove,
will be held on Sunday
January 16th, 2011 at
11:00a.m. at Hillview
Seventh Day Adventist
Church, Tonique Darling
Highway. Officiating will be
Pastor Kent Price. Cremation
will follow.

Left to cherish her memories
are her husband: Anthony
Knowles; her four sons:
Osbourne Anthony Knowles,
Earlin William Knowles,
Andrew and Dion Knowles; one granddaughter: Aniska
Knowles, two grandsons: Ossie Knowles and Peadrick
Knowles; two step granddaughters: one sister: Remaila
Mary Minus Pinder; one brother: James Smith of Love
Hill, Andros; three stepsons: Trevor Ferguson, Christopher
and Jason Knowles; fourteen nieces: Shirley and Everline
of Orlando, Florida, Augustan, Rosalie, Iva Sharon, Lasha,
Police Reserve 553, Mary Ferguson, Florinda Pinder, Patsy
Colby, Tiffany, Anastasia, Michelle and Cardicia; six
nephews: Patrick, Leroy Pinder, Basil, Michael, Alexander
and John Sawyer; three daughters-in-law: Icelyn Knowles,
Claudna Knowles, Dina Lorraina Humes; six brothers-in-
law: Max, Oral, Cyril, James, Prince and Cleveland,
“Buster” Rolle of Miami, Florida; five sisters-in-law:
Merlene Miller, Ruby Whymns of Freeport, Willimae
Rahming, Inez Knowles and Velama Role of Miami Florida;
numerous cousins; other relatives and friends including:
Cheryl Kemp, Aramintha P. Knowles of Simms, Long
Island, Fiona, Natasha, Yvette, Jeffrey, Jermaine, Dion
Rahming, Sheila, Dan, Erskine Minus, Jacklyn Grey, the
Wallace, the Hart and, the Rolle families of Golden Gates
#2,

Friends may pay their last respects at Butlers’ Funeral
Homes & Crematorium, Ernest & York Streets on Friday,
January 14th from 11:00 a.m. to 4:00 p.m. and at the church
on Sunday from 10:00 a.m. until service time.

Jack Lambert Russell, 54

of #32 Bamboo Cay, Freeport,
Grand Bahama, will be held
on Saturday 15th January
2011 at 11:00 a.m. at St.
Christopher’s Anglican
Church, Lyford Cay.
Officiating will be
Archdeacon Keith N.
Cartwright. Cremation will
follow.

Left to cherish his memories

are his wife: Kim Russell;

one son: Daniel Russell; one
daughter: Laura Russell; two brothers: Donald “Donnie”
and Tony Russell; two sisters: Anna Higgs and Joan
Highley; mother-in-law: Muriel Knowles; two brothers-
in-law: Eugene Higgs and Ernie Highley; four sisters-in-
laws: Regina and Julie Russell, Donna Cartwright and Lisa
Knowles; five nieces: Elizabeth Davis, Erica, Deborah and
Donna Highley, and Valerie Russell; ten nephews: Don
and Jason Harris, Sean, Aaron, Christopher, Rodney,
Nicholas, Wayne and Scott Russell, and Neil Cartwright
and a host of other relatives and friends.

In Lieu of flowers donations can be sent to the Cancer
Society. Special thanks to the Doctors and Nurses at the
Rand Memorial Hospital, PM. Hospital and the Oncology
Center and especially Dr. Wesley Francis.

Friends may pay their last respects at Butler's Funeral
Homes & Crematorium, Ernest & York Streets on Friday,
January 14th from 11:00 a.m. to 4:00 p.m. and at the church
on Saturday from 10:00 a.m. until service time.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

PAGE 6, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



My wish list for the
Bahamas in 2011

By ADRIAN GIBSON
ajbahama@hotmail.com

WHILE 2010 was a roller
coaster year, featuring a myriad
of sleaze, an upsurge in violent
crimes, mediocre national exam
results and, in other instances,
nationally recognized accom-
plishments and highlights, 2011
provides the nation with yet
another blank slate in deter-
mining its future and proposes
to also be an eventful year of
high drama in the political are-
na as a general election draweth
nigh.

Last year, the country was
beleaguered by crime and an
influx of illegal immigrants and
saw an upsurge in the unem-
ployment rate. This new year,
Ive decided to state a few of
my wishes and desires for the
Bahamas moving forward.

Firstly, the Bahamas’ edu-
cational system desperately
needs to be revamped. The
government, parents and edu-
cators must all begin to think
outside of the box, particularly
since our current educational
set-up is producing hordes of
arithmetically-challenged, illit-
erate graduates who are soon
expected to manage our coun-
try’s affairs.

This New Year, we must
make a conscious, courteous,
curt effort to assist and encour-
age our student population in a
united thrust to strive to
increase the national GPA
froma D toa C. Frankly, Iam
not an advocate of standard-
ized tests. I firmly believe that
while some students may per-
form well academically, stan-
dardized tests cannot measure
the full range of the multiple
intelligences.

Standardized tests are also
criticized for tending to be out-
dated as a curriculum changes,
failing to assess an adequate
sample of skills and for failing
to meet the standards of their
own field, among several other
criticisms. The ministry must
align the curriculum with the
development needs of the coun-
try in order to imbue a strong
sense of self, speak to nation-

YOUNG MAN’S VIEW

Aa ID kk | A OIN

building, address the question
of self-reliance and entrepre-
neurship, teach the Constitu-
tion, etcetera.

Only the most scholarly of
students, in my opinion, should
be permitted to sit the
BGCSE/BJC exams. To truly
diversify and establish a more
comprehensive educational sys-
tem, the government and pri-
vate entities should also con-
struct technical and vocational
schools to teach the less book-
ish, academically-disinclined
students a trade/skill.

It is a misconception to
assume that every Bahamian is
studious enough to become a
doctor, lawyer, educator, or to
attend university. There will
always be a need for repairmen,
handymen, plumbers, masons
and so on. At grade nine, teach-
ers and administrators should
be able to gauge a student’s
abilities, and thereby separate
the more scholarly students
from those with technical and
vocational leanings.

Furthermore, consideration
should be given to establishing
a pilot programme, where male
and female students are edu-
cated at separate schools/class-
es. This possibly will revolu-
tionize education and lead to
greater productivity, as students
of both sexes would have fewer
distractions and spend less time
seeking to impress one another.

Moreover, classrooms must
be outfitted with cable tv/inter-
net to foster interactive learn-
ing!

One wish is that this new
year, a greater number of par-
ents positively become involved
in their children’s lives, whilst
also constructively reinforcing
the lessons learnt at school.

This year, with a newly
instated president, the evolu-
tion of the College of the
Bahamas (COB) to a universi-
ty must be at the vanguard in

i ie Se IN



advancing the national educa-
tion system. The transition of
the college to university will not
only foster academic and intel-
lectual leadership but also assist
the country with small island
sustainability issues and foster
economic diversification.
Indeed, a university is a “liv-
ing” system and grows in
response to, or alongside,
national development.

Will crime escalate to the
point that the US blacklists the
country as Jamaica has been
done?

Going forward, Bahamians
must strive for greater social
cohesion and partake in com-
munity drives to reduce violent
crimes. The past year was the
third consecutive record-break-
ing year for murders and rapes,
resulting in the Bahamas being
listed high atop the listing of
countries—per capita— where
rapes and heinous murders are
frequent. We must return to
being our brother’s keepers.

The government must for-
mally articulate its position on
capital punishment. There
appears to be a lack of political
will relative to the reading of
death warrants, which would
usher in the finalization of legal
appeals so that convicted mur-
derers can receive their court-
ordered, just desserts. After a
suspect is convicted of murder
and sentenced to death, the
Police Commissioner should
immediately be summoned to
read his death warrant, partic-
ularly if he has exhausted all
appeals. As it relates to capital
punishment, the law —as
entrenched in the Constitu-
tion—must be carried out.

Moreover, a witness protec-
tion programme must be estab-
lished to protect state witnesses
who are being bumped off
which, as a result, has left many
Bahamians afraid to testify
about crimes seen.

THE NATIONAL INSURANCE BOARD
RT met ee) ede)

Invite applicants for participation in the

bei Well

Qhamas

HEALTH & FITNESS
CHALLENGE

JANUARY = APRIL, 2011

GET WELL BAHAMAS is
8 one-of-a-kind opportunity for 40

persons to improve their health by

receiving FREE OF CHARGE:

* 12 weeks of health and wellness
coaching with focus on behavior
moditication and proper nutrition
12 weeks of personal fitness training
3x par week including a 3-month gyn

membership

Initial health screening and health risk

assessment

* Screening during the 3-month period.

Se
PRIZES:
Aller 3 prams he moet improved
participants will racsive
First Prize = A.onn-ynar gym
membership, $1000 warntrote certificate

enond Pring — A one-year gyn

mambarship, 5500.00 wantrona cortiticatn
and £500.00 grocery voucher

Third Prine — A one-year gym

mambearship, $550.00 wants certificate

and $250.00 grocery voucher

APPLICATION FORMS
Appicalion bore wil be available aaa
Wedneeday, acamber find, They may be

fownloaded from wwracnibarugnlan.com or

ELIGIBILITY REQUIREMENTS:

* Applicants must be Bahamian dlizens & reeidents af
New Providence beteean ihe ages of 18 & BD years
Applicants must hawe a body mass ince of moins
[han 30 and han one or more ol the following
hfestyies conditions: hypertereian, high cholesierd,
disbeles ar ischaeres haart deaaee
Applicants Must fa commited to complete the erie
12 weak programme and af of ils mquinemerts
Appicants must hawe er cam transportation and be
peer! all required meetings and anporienenis
Applicants must bs willing 19 appear in all publiciny
tor ie Get Well Bahamas Chalienge, including bet
not litebed bo television appearances and intereiewss,
photography, pant aad radia rnerviewes.

Applicants’ Mational Insurance payments atould be
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Employees ct The National Insurance Boar and
ie Schering and public rlalions agences are aol
fligibie io participa

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ji GET PRELL 2AMAMAS 9 forectecd by the
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Fitness, & fom [he Counselors Lid. Marketing
Firm an 16 Tanace Cantnenile

APPLICATION SUBMISSION DEADLINE:
Al application toms and photos must be
fetumed to Tha 0 galore Lie Marketing
Fire, Firat Terrace Ganiravdle fry 5 p,m,
Monday, January 17, 2011. Floase address
sutmissions toc Get Well Bahames clo The
Counsellors Lid., Nassau, Bahamas

SELECTION PROCESS

Participants will be selected by Jemi Healih
& Waelnees and Body Zone Fitness. Perpcnal
Interiors will be conducted vith omnsnectve
Parsopanis before solectan of the final 30
partes. MIB yell not be reports for
Belection of any participants in the Get Well
Bahamas Health and Fitness Challenge



Much more must also be
done to combat human traf-
ficking.

Regardless of the noble fight
of drug enforcement officers,
is it ever possible for the
Bahamas, considering our geo-
graphic location, to be removed
from the majors list (top 20
countries) of illicit drug-pro-
ducing or drug-transit coun-
tries?

In the fight against crime
and other social ills, the
Bahamas Christian Council
must lead by example, focus-
ing more upon community out-
reach programmes in helping
to curb crime, assisting the
poor, socializing our people and
playing an active role in the
lives of citizens, instead of the
usual utterances, self-aggran-
dizing gambits and apparent
politically driven mandates.
(This does not apply to Rev CB
Moss, who is in the trenches
and doing a commendable job).

I continue to await any seri-
ous, long-term proposals for
sustainable tourism. Our
tourism product must be rein-
vigorated to highlight the dis-
tinction and indigenous nature
of this country's tourism prod-
uct when compared to any oth-
er country in the wider
Caribbean, targeting new mar-
kets and nurturing wider mar-
ket share and by incorporating
a focus on regional and Latin
American tourism.

Considering the spate of
violent crime and other social
issues, in 2011 more emphasis
must be placed on implement-
ing mental health programmes
and a plan to confront rampant
alcoholism and drug abuse.
Furthermore, I look forward to
the broadening of the health-
care coverage—particularly for
the elderly and indigent—of the
national prescription drug plan!

This year, when electioneer-
ing is sure to spring into in high
gear, I trust that both major
political parties would move
forward with the people’s agen-
da, scrupulously working
towards bettering the Bahamas
instead of squabbling over
semantics and other trivial,
rather foolish barbs.

Will there be an early elec-
tion called this year or will the
election go on as scheduled for
2012? In the 2008, both parties
should begin looking towards
the future and start preparing
the next generation’s leaders to
succeed the current head hon-
chos, as no party presently
seems to have any plans in
place to ensure a smooth tran-
sition from one leader to anoth-
er without there seeming to be
a leadership void.

Greater efforts must be
made to diversify the economy.
We must gradually begin shift-
ing from tourism to other indus-
tries or we will become a nation
of overly dependent, virtual
slaves.

The government must
encourage the local entrepre-
neurial spirit and foster eco-
nomic diversification through
a variation of different indus-
tries such as farming, fishing,
gaming, research and develop-
ment, manufacturing and so on.
I was pleased to see that the
Ministry of Agriculture and
Marine Resources recognition
of the urgent need to resurrect
agriculture and fisheries has, in
conjunction with FAO consul-
tants, led to the creation of the
first five-year development plan
for agriculture and fisheries. In
2011, it is expected that the ini-
tial phases of this plan will
materialize!

Indeed, this year it is hoped
that the rate of unemploy-
ment—which skyrocketed dur-
ing the economic recession—
and the country’s national debt
be reduced.

With a general election on
the horizon, it is my fervent
hope that the government
maintains its position relative
to the new straw market, ensur-
ing that the products sold at the
market should also be 100 per
cent Bahamian-made and the
market’s occupants are either
Bahamian or legally allowed to
work in this country. Moreover,
regardless of the political pres-
sure, the government must
maintain its position to no
longer subsidize vendors, but
instead require each purveyor
to pay a fair rent and a mainte-
nance fee.

The influx of illegal immi-
grants, particularly Haitians,
must be more vigorously tack-
led.

Since yesterday was the com-
memoration of the one year
anniversary of the tragic earth-
quake in Haiti, ’m anxious to
hear the government’s account
of what happened to those ille-
gal Haitian immigrants who
were released from the Deten-
tion Centre for a six month

SEE page seven


THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 7



LOCAL NEWS



House/building
numbering project |
is set to resume

THE Ministry of Public
Works is asking the pub-
lic’s cooperation as the
house/building numbering
exercise in New Provi-
dence resumes.

Public Works and
Transport Minister Neko
Grant is requesting that
property owners allow the
ministry’s staff to access
their property to install
assigned numbers to build-
ings.

“The objective of this
exercise is to take remedi-
al action based on recently
completed field surveys
that identified deficiencies
to numbering systems
where buildings had either
not yet been numbered or
were wrongly numbered in
the past,” he said during a
press conference on
Wednesday.

An official numbering
system has been imple-
mented north to south or
east to west with even
numbers on the right side
of the street and odd num-
bers on the left side of the
street, Mr Grant
explained.

“The employees
assigned to install the num-
bers on houses/buildings
will bear an identification
card clearly indicating that
they are part of the Min-
istry of Public Works and
Transport’s housing/build-
ing numbering team,” he
said.

Due care will be taken
not to damage an owner’s



“The objective of this exercise
is to take remedial action based
on recently completed field
surveys that identified deficiencies
to numbering systems where
buildings had either not yet been
numbered or were wrongly
numbered in the past.”



Public Works and Transport
Minister Neko Grant

property during the num- ing to Phase II, and the
ber installation process, Mr boundary for Phase II is
Grant stressed. bounded on the north by

NEW NATIONAL EMERGENCY
_ OPERATIONS CENTRE TO BE BUILT

By LLONELLA GILBERT

MINISTER of Public Works and Transport Neko Grant
signed a contract with the Ran Mar Precision Development
Company on Wednesday for the construction of the new
National Emergency Operations Centre.

The company was awarded the contract for the base sum
of $1,735,503, and it is expected that construction will span a
36-week period.

“The centre, to be built on Gladstone Road, will consist of
a single-storey building of approximately 6,981 square feet to
provide office accommodation for the National Emergency
Management Agency (NEMA) along with warehouse space,”
Minister Grant said.

“The building will also feature overnight emergency sleep-
ing quarters along with shower/bath and kitchen facilities to
facilitate the centre’s operation on a 24-hour basis by key
emergency management personnel,” he added.

Ran Mar was selected as a result of a tender exercise that
was conducted during the latter part of 2010.

“The construction of the National Emergency Operations
Centre will complement additional works to be executed at
strategic locations in other Family Islands to strengthen dis-
aster preparedness and response nationwide,” Mr Grant said.

A disaster relief warehouse will be constructed on Grand
Bahama to assist response efforts in the northern Bahamas
and one will be built in Inagua to assist disaster response
efforts in the southern Bahamas, Mr Grant said.

Also present at the signing were Captain Stephen Russell,
director of NEMA; permanent secretary in the Ministry of
Public Works Colin Higgs and project manager of Ran Mar
Terrence Dean. Captain Russell said the project has been on
the drawing board since 2003, and when he came into office
in 2008 the documents were already there, so his aim was just
to advance the project. He said NEMA’s regional partner, the
Caribbean Disaster Emergency Management Agency, would
be pleased to note that the Bahamas is strengthening its

In addition, the street
naming exercise will con-
tinue concurrently.

“The street naming and
house numbering that
were undertaken during
the six-month temporary
employment programme
(February to August 2010)
focused on streets and
buildings on the island of
New Providence in the
project area identified as
Phase I,” he said.

“The boundary for
Phase I extended west of
Fox Hill Road, south from
the sea to Prince Charles
Drive, then continuing
west to East Street, and
proceeding southwards to
the sea in the area of
South Beach.”

The government is mov-

Carmichael Road, Baillou
Road and East West High-
way, east by East Street
South, west by Coral Har-
bour Road and south to
the sea.

Twenty-three persons
will be offered temporary
employment to assist the
ministry’s staff in the
process of installing street
signs and numbering hous-
es/buildings, Mr Grant
said.

A public notice was
published during the latter
part of 2010 advising of the
government’s plans to con-
tinue these exercises under
Phase IT; additional notices
will be published as neces-
sary to keep the public
informed of the work’s
progress, he said.

PERFORMANCE,

Mellin,

Style.



capabilities through the construction of the operations centre.




Se EWEN Cea au

foreign sports fishermen who
enter under the guise of gam-
ing, but purportedly leave the
amnesty following the cata- country with coolers filled
strophic event. with an illegal catch; and there
This year, the implemen- must be more of a concerted
tation of more stringent effort to address the environ-
laws/regulations to manage mental impact of climate
the construction of future pro- change, particularly as the
jects along beachfronts is | Bahamas is one of the most
imperative. Furthermore, vulnerable countries in the
more work must be done to world.
protect coral reefs, mangroves Let’s face it, one way or
and wetlands; greater moni- the other, BTC must be sold!
toring must be undertaken Even more, corporations such
relative to developments on —_ as BEC, Water and Sewerage
private islands/cays, of cruise and Bahamasair should be
ships and the disposal of waste _ privatized and demonopolised
products in our territorial as well as they are (particu-
waters; attention must be paid larly the latter three) pecu-
to national parks and those niary albatrosses and a bur-

CRUSADE2011

I's A Tis CF Salvation, Hein, Deine
Ace Spirtinel Retiehing From The Lendl
THE ANNUAL NATIONAL EVANGELISTIC

PE a

BTRy Ta

FROM page six

ANOINTED SPEAKERS:
Bishop William

A. Lee, Jr.
Daytona Beach, Florida




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to local service providers to
encourage competition and

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Will Cable Bahamas ever
fulfil its contract for cable
television/internet to the Fam-
ily Islands since many islands
do not yet have cable or only
has its services in certain
areas? When will Cable
Bahamas bring its services to
the residents of north Long

Island?











Lastly, when will the Fam-
ily Islands, which are in des-
perate need of economic
upliftment, be a greater pri-
ority on the government’s

agenda?

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For further information call (Fed

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


PAGE 8, FRIDAY, JANUARY 14, 2011

THE TRIBUNE





FROM page one

Chinese Embassy yesterday
said officials had "no comment"
on the contents of the cables
but stressed that the
China/Bahamas relationship "is
based on equality, mutual
respect, mutual benefits and
win-win.”

"It is open, transparent, non-
exclusive and non-detrimental
to other countries’ interests.
Developing China-Bahamas

cooperative relationship is in
the fundamental interests of the
two countries and has brought
and will surely bring, substantial
benefits to both peoples,” said
the statement.

In a 2004 cable, former
Charge d’Affaires at US
Embassy Robert Witajewski
noted that Bahamian digni-
taries were "frequent flyers” to
China and claimed that gov-
ernment officials were
tightlipped over details of these
trips.

Bahamas Electricity Corporation

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Tenders for the services described below

Tender No, 740/11
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no later than 4:00 p.m.

The Corporation reserves the right to accept
of reject any or all proposals,
For all inquires regarding the tenders and site visits, please
contact Mr. Steven Strachan al telephone 302-1310



LOCAL NEWS

US ‘concerns’ over
Bahamas-China ties

"(Then) Prime Minister Per-
ry Christie is scheduled to visit
Beijing and Shanghai from
August 14 - 21, 2004," wrote
Mr Witajewski, in the cable
“Prime Minister Christie's Chi-
na trip, the latest in a string of
visits.”

"The Bahamian Foreign
Ministry has been unwilling to
provide details about the dele-
gation's itinerary, schedule or
meetings, or the purpose of the
trip. The prime minister's trip
to China is the latest is a stream
of high-level Bahamian visitors
to China since the PLP's elec-
toral victory in May 2002,” the
cable continued.

Noting that at the time, polit-
ical and economic ties between
the Bahamas and China were
"modest" the embassy official
speculated that Bahamian offi-
cials were trying to capitalise
on its relationship with the Chi-
nese to “push for kinder WTO
accession terms, and to pick up
whatever spare trade and
investment projects a country
of over one billion people can
offer."

The official wrote that the
Chinese's presence in the
Bahamas may be "a strategic
move preparing for a post-Cas-
tro Caribbean."

Mr Witajewski said that
although the two countries are
"separated by two oceans and a
continental land mass," China is
one of four countries to have
an ambassador living in the
Bahamas.



US DEPUTY CHIEF OF MISSION
Timothy Zuniga-Brown

In July, 2010, a US official
said the country “welcomes”
the growth of Chinese interest
in making investments in the
Bahamas.

At the time, Dr Arturo
Valenzuela — assistant secretary
of state for Western Hemi-
sphere Affairs — said increas-
ing ties between China and the
Bahamas “will not impact” US-
Bahamas relations.

“We welcome the fact that
China is interested in the
Caribbean and is interested in
this particular area because I
think it benefits everybody,”
said Dr Valenzuela, who heads
the Bureau of Western Hemi-
sphere Affairs.

The cables are confidential
documents obtained by whis-
tle-blower website WikiLeaks.
They were published by the
British newspaper, The
Guardian.

BISHOP GLORIA REDD MINISTRIES
P.O.Box CB 11416
Nassau, Bahamas

Bishop Gloria Redd

January 16th - January 21st 1 Week Revival

Pastor Stanley Ferguson
New Free Community Holiness Baptist Church, Malcolm Allotment
7:30 pm Nightly
January 23rd - February 4th 2 Weeks Revival
Pastor Janean Hart
Soul Winning Church of God in Christ, Lyon Road
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February 6th - February 11th 1 Week Revival
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after you past Marshall Road
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May God Richly Bless You.





URTV SS Ca

MINISTRY OFFICIALS

GW aa BS

FROM page one

The document, written
by former chargé d'affaires
at the US Embassy Robert
Witajewski, noted that dur-
ing meetings with foreign
affairs officials Patricia
Rodgers, Marco Rolle and
CARICOM Ambassador
Leonard Archer the
Bahamians were "deliber-
ately ambiguous” about
official visits to China.

The cable added that
Bahamian officials hesitat-
ed to discuss the details of
their relationship with the
Chinese and had to be
pressed on reasons for an
upcoming “whirlwind tour
of Asia".

"At a meeting with Mrs
Patricia Rogers, the chargé
inquired about the upcom-
ing Bahamian high-level
visit to China," said the
cable, referring to a sched-
uled visit to China by then
Foreign Affairs Minister
Fred Mitchell, Mrs
Rodgers and Bahamian
Ambassador to Japan Sir
Sydney Poitier.

"Framing it as simply a
‘follow-up to an invitation’,
Mrs Rogers attempted to
minimise the significance
of the official trip. But
after further probing, she
admitted that one of the
purposes of the trip was to
reassure China of the
Bahamas’ commitment to
their bilateral relation-
ship."

At the time the Bahami-
an government felt it need-
ed to bolster Chinese con-
fidence due to “lingering
distaste" because the
Bahamas maintained diplo-
matic relations with Tai-
wan until 1999, wrote Mr
Witajewski.

"When asked by the
chargé as to what the
Bahamian officials had
arranged with their Chi-
nese counterparts for the
visit, Mrs Rogers paused
and said that the visit was
to be very informal and
denied that any agenda of
discussion topics had been
agreed to. Responding to
the chargé’s scepticism that
a major visit beginning in
only two days remained so
unfocused, Mrs Rogers
reluctantly admitted that it
was ‘feasible’ that some
trade and cultural agree-
ments might be signed, but
insisted that the Bahami-



an delegation only planned
to speak about general
bilateral issues.”

Mr Witajewski also ques-
tioned the basis for a grow-
ing relationship between
China and the Bahamas,
two countries with few
common concerns.

"The interest of the Chi-
nese is more complex how-
ever and we defer to
Embassy Beijing for its
analysis of Chinese strate-
gic goals underlying its
major presence in a coun-
try where apart from geog-
raphy, there would seem to
be few mutual cultural,
tourist, economic, or polit-
ical interests," said the
cable.

Yesterday, Mr Mitchell
said it was not uncommon
for the US officials to
request information about
trips overseas, the
Bahamas was not mandat-
ed to brief them.

"The US has a very
aggressive diplomacy.
They, and every country,
wants to know what the
other country is doing in
its diplomatic missions, to
find out what another
country is thinking, what
its plans are.

"The Bahamas is a very
transparent country but we
are under no obligation to
tell them (anything). So
I'm not sure what the bit
about ‘ambiguity’ means,
certainly Ms Rodgers was
under no obligation to (dis-
close anything to the US),"
said Mr Mitchell.

After being contacted by
The Tribune, the US
Embassy released a state-
ment reaffirming its confi-
dence in ties with the
Bahamas.

The statement said: "The
US Embassy does not com-
ment on materials, includ-
ing classified documents,
which may have been
leaked. We have an open
and continuing dialogue
with the government.

“We are fully confident
that the US/Bahamas rela-
tionship will continue to be
excellent. Our common
commitment to democra-
cy, the rule of law, shared
strategic interests and geo-
graphic proximity make
the Bahamas one of our
closest partners in the
western hemisphere and
we expect that our strong
and deep ties will contin-
ue to grow.”

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THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 9



oe. ale ‘Heartache and grief:

Australia’s flood damage





iz a

AN ENTIRE SUBURB is submerged outside Ipswich, west of Brisbane, Australia,
Wednesday, Jan. 12, 2011. Emergency sirens blared across Australia's third-largest
city Wednesday as floodwaters that have torn a deadly path across the northeast
poured into an empty downtown, swamping neighborhoods in what may be Bris-
bane's worst flooding in 100 years. (AP)

Man accused of murder claims
he was beaten by the police

FROM page one

Soldier Road, around
6.40pm on Saturday, Janu-
ary 8.

Gibson, whose face was
visibly swollen, was escort-
ed to Court One, Bank
Lane yesterday afternoon,
for the arraignment.

Represented by attorney
Dion Smith, Gibson was
not required to enter a plea
to the murder charge.

Mr Smith told Chief
Magistrate Roger Gomez
that Gibson was beaten
while in police custody.

He told the court Gibson
had informed him he was
hit in his chest, face and
right ear. Mr Smith claimed
his client had been taken
to hospital on Wednesday,
and while X-rays showed
he had suffered no broken
bones, bruising was evi-
dent.

Mr Smith said his chent
had requested pain killers
but police had told him
they did not have time to
wait for them. Mr Smith
also noted his client’s
hands were swollen from
handcuffs and that a plastic
bag had been placed over
his client’s head, nearly suf-
focating him.

The attorney further con-
tended his client had been
in fear for his life and as a

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BRISBANE, Australia

PARTS of Australia's third-largest city
reopened Friday as deadly floodwaters
that had swamped entire neighborhoods
receded, revealing streets and thousands
of homes covered in a thick layer of putrid
sludge, according to Associated Press.

Garbage trucks moved through Bris-
bane's muddy streets and some residents
dragged ruined furniture out of their
homes as the massive cleanup began fol-
lowing one of Australia's worst natural
disasters.

In towns upstream of Brisbane, sol-
diers picked their way through debris
looking for more victims. Weeks of flood-

ing across Australia's northeast have
caused 25 deaths, and 55 people were still
missing.

"There is a lot of heartache and grief as
people start to see for the first time what
has happened to their homes and their
streets," Queensland state Premier Anna
Bligh said. "In some cases, we have street
after street after street where every home
has been inundated to the roof level.”

The muddy waters swamped 30,000
homes and businesses in Brisbane. One
man drowned Thursday when he was
sucked into a storm drain as he tried to
check on his father's home in an inun-
dated neighborhood of the city. Officials
expected to find more bodies farther

result, the statement he
made was not of his free
will.

According to Mr Smith,
police picked up his client
from the Central Police

Station yesterday and bru-
talised him again, inquiring
on the location of a gun.
Chief Magistrate Gomez
ordered that Gibson, of
Bishop Way, Windsor Place

Road, be taken to see a
doctor.

He was also remanded to
Her Majesty’s Prison, with
the case adjourned to Jan-
uary 19.

upstream as they finally got access to
hamlets struck by flash flooding on Mon-
day.

Most of the people still unaccounted
for are from around Toowoomba, a city
west of Brisbane in the Lockyer Valley
where a sudden downpour caused a flash
flood likened to an inland tsunami. Police
Commissioner Bob Atkinson said Friday
that officials may never be able to find
everyone swept away by the raging tor-
rent.

"We would certainly hope they would
find them all," Atkinson said. *Regret-
tably, we could not exclude completely
the possibility that some may never be
found."

Memorial Service For

Illegal gun found on man in wheelchair

FROM page one

of the Arundel Street area.

Also on Wednesday, officers from the
Drug Enforcement Unit (DEU) arrested
three men and recovered a shotgun during a
special operation in the Farrington Road
area.

The officers — led by the commander of
DEU - conducted a search at a home in the
area after they noticed a man standing in
front of the residence who appeared uncom-
fortable by their presence.

According to police, another man
emerged from the house — as they were
questioning the first man — but ran back
inside on seeing the officers.

Police press liaison Chrislyn Skippings
said: “Officers then followed the suspect
into the house where a search was conduct-
ed and a shotgun with the serial number

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erased was found under a bed. Three sus-
pects were arrested.”

The matter was turned over to the Cen-
tral Detective Unit for further investiga-
tion.

Early yesterday morning, police recov-
ered two pistols and 23 rounds of ammuni-
tion after searching a man while on routine
patrol in the Sunset Park area.

The culprit was initially found to be in
possession of a black Glock .40 pistol with 8
live rounds of hollow tip ammunition.

However, officers discovered a second
black Glock .40 pistol and 15 live rounds of
hollow tip ammunition after he was taken to
Carmichael Road Police Station.

Police also expect to bring charges
against a man they arrested today in con-
nection with a rape that happened on
Monday.

The rape suspect was arrested at Palm
Tree Avenue.



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Charles Arthur Donaldson

Will be held at the St. Andrew's
Presbyterian Kirk, Saturday, January 15th,
201 1at 11:00am. In lieu of flowers,
please send contributions te:

Classical FM Bahamas Ltd.
In Memory of Charles Donaldson
PO Box W485?
Nassau, Bahamas

So that he may be remembered,
henored, and celebrated daily, through music.

TRIBUNE TRIV

Yesterday's Question

Which familiar opponents will Mark Knowles and new
doubles partner Michal Mertinak face today in the
Medibank International?

Yesterdays Answer

Mike and Bob Bryan

Yesterdays Winners

Senemae Kelly
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Bahamians
‘Oppressed

by economy.

‘pretty much done’

structure

By NEIL HARTNELL

The nation’s economic
model is “oppressing
Bahamians”, a senior Col-
lege of the Bahamas lectur-
er charged yesterday, fail-
ing to develop this nation’s
human capital and provid-
ing for a persistently high
unemployment level.

Suggesting that “we have ; By NEIL HARTNELL

milked our economic mod- : Tijbune Business Editor

el dry”, Dr Olivia Saun-
ders, of COB’s School of
Business, told the Business
Outlook Conference yes-
terday that the Bahamian
economy followed “a typi-
cal dependency model”,
designed to relieve

its resources and owner-
ship.

Instead, “the role of the
residents is to provide
labour and act as con-
sumers”, while capital and
ownership of companies
and productive assets was
relegated to foreign

investors and a small group

-S40M PROJECT EXPOSES
WILL FOR INVESTMENT

* Chamber chief questions if Bahamians
want to invest to diversify economy, citing

of Bahamians.

“The economic model
we follow in the Bahamas
is to ensure the underde-
velopment of its people,”
Dr Saunders said, adding
that because the economy
did not require many
workers with a high educa-
tion level, “we don’t need
to really be serious about
education”.

Too often, she added,

SEE page 2B

Diversification
pursuits ‘staring
us in the face’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Diversification of the
Bahamian economy can be
achieved by taking advantage
of “opportunities staring us in
the face” to create businesses
that feed into and off the
tourism industry, the Prime
Minister said yesterday.

Hubert Ingraham said
“huge opportunities” exist for
Bahamians to further max-
imise the economic benefits
that accrue from tourism by
better tapping into the
demand for goods and ser-
vices that tourists bring with
them.

“Most other economic
activities do not offer any
greater resilience than
tourism, and given the contin-
ued potential for growth and
diversification still provided
by tourism activity, it seems
quite reasonable that we
should continue to devote our
scarce resources toward the
maximising of growth in this
industry,” said Mr Ingraham.

He also charged that while
the Government has - and will
continue to play its part to
facilitate business - by offer-
ing incentives, advancing leg-
islation and developing infra-
structure, entrepreneurs must
step up to the plate if new
business activities are to be
introduced.

Addressing the Bahamas
Business Outlook, Mr Ingra-
ham acknowledged it was
commonly stated that the
Bahamas would be wise to
diversify its economy away
from its heavy reliance on
tourism and financial services,
integrating more manufactur-
ing and agriculture into its
economic mix.

“It seems to me that the dis-
cussion around diversification
arises from our desire to see
this economy achieve higher

SEE page 2B

THE TRIBUNE

yu



FRIDAY,

@
n



Tee etl

JANUARY

SECTION B ¢ business@tribunemedia.net

LIME’s BTC plan

| IE BIC cost base ‘too high and needs to come down’ if company is

- to meet challenge of competition

Tribune Business Editor i

| I Cable & Wireless executive says excessive costs why Bahamians
_ paying $0.30-$-0.40 per minute for cellular, compared to low

_ double digits in rest of region

_ Mi Jobs to transfer in and out of Bahamas

_ I ‘Two to three’ years hard work to ready BIC for competition

Cable & Wireless Commu-

i nications (CWC) has “pretty
? much” completed its five-year
? business plan for the Bahamas
? Telecommunications Company
i (BTC), Tribune Business was
i told yesterday, its regional chief

Baas tronrnigaanin ? executive acknowledging that
a ane anaging | there would be “a good two or

: three years of work ahead to
? make sure the business is ready
? for competition”.

Speaking to Tribune Busi-

; ness at the Bahamas Business
i Outlook conference yesterday,
? David Shaw, head of LIME,



SEE page 5B

logistics centre plan

* Grand Bahama residents ‘caught in
cross-fire’ and ‘under attack’ on tax
exemption renewal, bonded letter

* Hits at ‘insane’ increases in bank fees

* Says tourism and financial services must

be adjusted

K P TURNQUEST

By NEIL HARTNELL
Tribune Business Editor

The Grand Bahama Cham-
ber of Commerce’s president
yesterday questioned whether
Bahamians were prepared to
invest in diversifying their
economy, pointing to the $40
million price tag attached to
the estimated cost of setting
up a logistics hub in Freeport.

K P Turnquest told the
Bahamas Business Outlook
conference yesterday that “a
tremendous opportunity
exists for us in Grand
Bahama” in the logistics
industry, given the island’s
infrastructure, but when a del-
egation he was part of attend-
ed a major US conference on
the sector last year, “almost
everybody approached” had
never heard of the island - or
the Bahamas generally - apart
from being a tourist destina-
tion.

Meetings with the Massa-
chusetts Institute of Technol-
ogy’s (MIT) Logistics Centre
determined that it was a sus-
tainable, feasible opportunity
for Grand Bahama, with
“help available to make it
happen”, and a $40 million
price tag was placed on the
start-up costs.

Mr Turnquest acknowledged
this was “a lot of money”, but
noted that at least the same was
being spent currently in Nas-
sau alone on the Arawak Cay

SEE page 4B



QUESTION TIME: A file photo of C&W’s David Shaw (left) in a recent
interview with Tribune Business Editor Neil Hartnell.

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. :



FAMILY GUARDIAN

INSURANCE COMPANY LIMITED

‘Make all
efforts’ to
improve

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas “must take all
efforts to push itself up” in the
World Bank’s Doing Business
report rankings, since this feeds
into determinations its com-
petitiveness as a financial ser-
vices centre, the Bahamas
Financial Services Board’s
(BFSB) executive director said
yesterday.

“Even unfair assumptions
are assumed to be a reality”,
said Wendy Warren,, who told

WENDY WARREN

the Bahamas Business Outlook conference that the Gov-
ernment “must focus on these benchmarks”, as “no major
corporate entity makes a decision to go into a country when

it’s ranked poorly”.

Ms Warren identified some of the opportunities and chal-
lenges that presently confront the Bahamas’ second most sig-

nificant economic sector.

She suggested that the Bahamas’ financial services indus-
try cannot rest on its laurels and expect business to come to
Bahamian shores, as “traditional competitors are taking
major steps to fulfill their goals and objectives, transforming

SEE page 3B



STANDALONE BTC UNABLE TO
ACHIEVE VITAL ECONOMIES

By NEIL HARTNELL
Tribune Business Editor

The Bahamas Telecom-
munications Company
(BTC) will be unable to gain
the economies of scale as a
standalone entity that are
required to pass on the best
technology, services and
pricing to Bahamian con-
sumers, the regional Cable
& Wireless (CWC) head
said yesterday, pointing to
the 50,000 iphones “mini-
mum order value”.

Making the case for why

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BTC needed to be part of a
much larger international
telecoms operators, such as
CWC’s Caribbean sub-
sidiary, LIME, David Shaw
told the Bahamas Business
Outlook that the ‘minimum
order value’ issue would ulti-
mately prove to be a stum-
bling block for a standalone
carrier.

To purchase iphones, the
manufacturer would “not
even talk to you” unless a
minimum 50,000 order was

SEE page 4B

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PAGE 2B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE





Bahamians ‘oppressed’
by economy structure

FROM page 1B

skilled Bahamian professionals such as architects and
engineers were expected to play second fiddle to ‘experts’
brought in by foreign developers, and graduates from
COB’s School of Business were questioning whether they
needed to make such an investment in their education,
given the limited roles available to them in the economy.

“It seems skills and talents have not place in the econo- }
my,” Dr Saunders said. She added that the Bahamian eco- }
nomic model did not provide for its general citizens to “own }
capital in the wealth generating sectors”, and said: “The :
most technologically advanced and efficient businesses in the }
country today are the illegal gaming houses operated by :

Bahamians.”

Foreign investors, Dr Saunders added, were not inter- }
ested in developing Bahamians workers beyond their specific :
needs, something that helped to “stifle the skills and aspi-

rations of Bahamians”.

“Our country is crumbling,” she said. “Our nation has }
deteriorated to a place, and is at a point, that we cannot }

imagine.”

Economic policymakers needed to focus on nation-build- :
ing, Dr Saunders added, stating that the Bahamian econo- }
my was “not doing as well as we think”. Statistics such as }
gross domestic product (GDP) per capita masked what was
probably the most skewed income distribution in the West- |
ern Hemisphere, plus one of the widest ‘boom and bust’ :

swings in the world.

She added that 69 per cent of unemployed Bahamians had :
been jobless for three months, and 35 per cent for 12 months. :
If discouraged workers were included in unemployment :
measures, the latter figure would rise by some three per- :

centage points, Dr Saunders said.

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Ingraham spots

oil prices ‘cloud’

? By ALISON LOWE
: Business Reporter
? alowe@tribunemedia.net

Spiralling oil prices were acknowledged
by the Prime Minister yesterday as a “pos-
sible cloud on the horizon” that may have
significant implications for a recovering
? Bahamian economy in 2011.

Despite stating that he has “every expec-
? tation” 2011 will be the beginnin of an
? economic turnaround for the Bahamas,
: Hubert Ingraham suggested rising oil prices
- and predictions of further increases this
? year - will require a proactive response
? from government and the public.

: Mr Ingraham told the Business Outlook
? Conference that the Bahamian economy
is expected to grow by 2-2.5 per cent in
2011, a “marked improvement” on previous
? outcomes, with unemployment decreasing
: slightly, then more significantly in 2012.
However, Mr Ingraham said he “should
? acknowledge a possible cloud on the hori-
: zon”.

“Economists are predicting that crude
oil prices will trend upward this year, surg-
ing from about $80 per barrel to about $106
? per barrel by July. This trend has obvious
? implications for the price of gasoline, the
: cost of electricity, the current account, the
? Government's fiscal operations and the
: broader economy,” he added.

: The Prime Minister said the Govern-
? ment will be watching this trend “closely
? and will seek to take appropriate measures
? to minimise the financial fallout”.

: “Such measures relate to adopting vari-
: ous conservation measures to minimise
? cost, something that both business and indi-
} vidual households should also do,” said Mr
: Ingraham.

? Speaking with Tribune Business last



week, former minister of
state for finance, James
Smith, described rising oil
prices as the “800 pound
gorilla in the room” that
threatens to "derail" eco-
nomic recovery in the
Bahamas and wider world
in 2011.

Meanwhile, president
of the Bahamas Chamber
of Commerce, Khaalis
Rolle, suggested that

Bahamian businesses should begin to “plan
for the inevitable”, with conditions com-
ing together to create a "perfect storm" of
high oil prices that could constrain the
Bahamian economic recovery.

His comments came after former presi-
dent of the Shell Oil Company, John
Hofmeister, said in an interview in the US
press that he predicts gas prices in the US
could rise to $5 per gallon - 64 per cent
higher than the average today - by 2012.

Restrictions on oil drilling in the US,
coupled with rising demand from emerging
economies such as China, India and others,
have been largely blamed for the likeli-
hood of oil prices increases, which saw spot
prices rise 34 per cent from May to Decem-
ber 2010. Yesterday the price of a barrel of
oil rose to $92.

In his address, Mr Ingraham described
the state of the Bahamian economy over
the last 12 months and its short-term
prospects. In 2010, the economy “laboured
under the weight of the residual effects of
the global economic and financial down-
turn, though to a lesser degree than in the
previous year”.

Domestic economic conditions “sta-
bilised during 2010”, Mr Ingraham added,
with this primarily driven by improvements

HUBERT
INGRAHAM

in the tourism sector and, most “particularly
in the high-value stopover segment of the
market”, which saw a 5 per cent increase in
arrivals over 2009.

“In contrast, consumer spending
remained relatively weak, and output in
the construction sector was constrained by
muted levels of foreign investment inflows,”
he said. “In the external sector, the esti-
mated current account deficit narrowed,
due primarily to higher tourism earnings,
while the surplus on the capital and finan-
cial account declined, reflecting a decline in
direct investments and reduced public sec-
tor inflows.”

Without official employment statistics
for 2010, the Prime Minister said that
“anecdotal evidence exists to suggest a
marginal improvement” in the unemploy-
ment situation, but “it is a painful fact that
unemployment in the country remains far
too high.”

Growth in 2011 will result in large part
from increased inward direct investment,
“resulting from a re-start of some stalled
investment projects”, new investment
inflows and significant scheduled public
infrastructure investment. A further
increase in visitor arrivals and spending,
and growth in domestic credit leading to
more commercial and residential con-
struction, are also anticipated, he said.

Such public works include the Lynden
Pindling International Airport develop-
ment, the new Port at Arawak Cay and its
associated works; massive infrastructural
upgrades in New Providence; expanded
health care infrastructure at Princess Mar-
garet Hospital, the Rand Memorial Hospi-
tal and elsewhere; new ports and bridges in
some Family Islands, and public sector
office complexes notably in Abaco, Grand
Bahama and New Providence.

FROM page 1B

: levels of growth and, perhaps
? more importantly, to become
? less vulnerable to shocks in the
: global economy. For many,
? tourism leaves us too open to
: the vagaries of international

Diversification pursuits
‘staring us in the face’

them.

some of our regional competi-
tors have made tremendous
strides. These products, readily
seen at specialty arts and craft
fairs, deserve wider and more
convenient availability to the
broader tourism and domestic
trade.

“All these segments of our



? economic fluctuations,” said Mr
? Ingraham.

However, Mr Ingraham took

: the position that while the
? desire to see more growth and
i resilience is “legitimate and one

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that my government shares”, it
should be “considered within
the context of the reality of the
Bahamas”

This reality, he added,
includes the fact that examples
of “primary, secondary and ter-
tiary” industries, which include
manufacturing, agriculture and
service industries such as
tourism, already exist in the
Bahamas, albeit in an “imbal-
anced” ratio.

Reflecting such imbalances
that also exist in some of the
world’s “most developed, high
income and high wage
economies”, Mr Ingraham not-
ed that the Bahamian econo-
my is 84 per cent service based,
15 per cent industrial based and
about 1 per cent agriculture
reliant.

In the face of “an impulse to
diminish the resilience of
tourism as an economic sector,
as well as a failure to recognise
the opportunity for diversifica-
tion which exists within the sec-
tor itself”, Mr Ingraham said it
must be recognised that the
industry has consistently been
“one of the fastest, if not the
fastest growing” in the world.

The Prime Minister charged
that the Bahamas’ most signifi-
cant chance of success in grow-
ing its economy lies in tapping
into the demand for goods and
services that tourists bring with

“The reality is that the
remarkable growth and devel-
opment we have achieved
through services present huge
opportunities for further inte-
gration of the $7.5 billion econ-
omy of the Bahamas by adding
value and exploiting natural
resources,” he said.

“Certainly, some of our best
prospects for the expansion of
agriculture and fisheries lie in
their link as food suppliers to
our hotel sector, and to the
domestic market.

“Our tourism industry is a
natural outlet for a well-organ-
ised, consistent production of
the abundant variety of fruits
and vegetables grown in the
Bahamas.”

Opportunities for diversifi-
cation “abound in non-hotel
related leisure and entertain-
ment offerings,” said Mr Ingra-
ham.

“It should not be lost on us
that the vast majority of fine
dining experiences in the
Bahamas are still connected to
major resorts. This is not the
case in Barbados, a competitor
warm weather tourism destina-
tion in our region.

“Similarly, opportunities
exist for wider retail distribu-
tion of reasonably priced, qual-
ity straw, shell and turned-wood
products, another area where

economy are ripe for growth
and expansion, with measur-
able benefit toward increased
diversification in our economy,”
said the Prime Minister.

Responding to claims com-
monly made that tourism is too
vulnerable to declines in the
face of shocks in the global
economy, Mr Ingraham
charged that when such condi-
tions do arise, which result in
fewer tourist arrivals, other sec-
tors are usually not spared
either.

And he sought to emphasise
that the profile the economy
takes cannot solely be a conse-
quence of government action.

“The Government, working
with the business community,
might incentivise, promote and
facilitate such pursuits, but ulti-
mately it is the entrepreneurs
that make the actual economic
enterprise or sector a reality.

“However, the extent to
which creativity and innovation
occur will largely depend on
the ambitions, capabilities and
pursuits of the entrepreneurial
community itself.

“And, to the extent that busi-
nesspeople pursue various
forms of enterprise in the soci-
ety is the extent to which the
economy will take on the pro-
file of those pursuits,” said Mr
Ingraham.

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THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 3B



‘Open’ 98% of Bahamas for economic growth

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas’ best prospects
for economic growth involve
opening up 98 per cent of its
existing land mass through bet-
ter communications and trans-
portation linkages, the Minis-
ter of Tourism said yesterday.

Addressing the 20th
Bahamas Business Outlook at
the Wyndham Nassau Resort,
Vincent Vanderpool-Wallace
suggested the economic lives of
Bahamians could be trans-
formed with cheaper, more
convenient access to many
Family Islands from abroad, for
potential visitors, and within
the Bahamas for both residents
and visitors.

The Minister said that such
enhanced linkages, which
would include cheaper flights
to and within the Bahamas,
more ferries between islands,
and communications-based ser-
vices including tele-medicine
and e-learning opportunities in
the Family Islands - will be key
to keeping more talented
Bahamians in the Bahamas.

“Infrastructure development
in an archipelago depends as
much on connections between
islands as it does on infrastruc-
ture on islands,” the Minister
said.

“That is the necessary pre-
requisite to facilitate the easy
and low-cost movement of peo-
ple, goods and services for the
development of the entire
country. In order to give a ‘mis-
sion to the moon’ kind of focus,
suppose we declared that in five
years Bahamians will live on
Eleuthera and Andros and
commute to work in Nassau
daily, as we begin to reduce the
overpopulation of New Provi-
dence and develop the remain-
ing 98 per cent of our nation of
islands more completely.





MINISTER OF TOURISM:
VINCENT VANDERPOOL-WALLACE

“Those kinds of commutes
are done every day in hundreds
of places around the world.
Why not The Bahamas? Our
overall mission must be to go
‘Back to the Islands’.”

Following sentiments
expressed by Prime Minister
Hubert Ingraham on the theme
of diversification earlier in the
seminar, Mr Vanderpool-Wal-
lace told the Business Outlook
he believes that rather than
diversification into a wider vari-
ety of sectors, it is important
for the Bahamas to leverage its
areas of comparative advantage
and maximise opportunities
that already exist within
tourism.

This, he suggested, means
recognising the fact that the
Bahamas is a country which has
geographic proximity to major
economies such as the US and

Brazil, and at least 16 islands
which have the beaches, waters
and other features that are
attractive to visitors and
Bahamians alike. Yet this had
not been exploited because of
the cost associated with visit-
ing, living in or getting to and
from them.

“Many people in our region
are surprised, shocked and
astonished by some simple sta-
tistics: If New Providence &
Paradise Island were a separate
country in our region, it would
rank fifth in the number of
stopover visitors, second in the
number of total visitors and first
in the number of cruise passen-
gers in the entire Caribbean,”
Mr Vanderpool-Wallace said.

“This 2 per cent country’ of
New Providence and Paradise
Island would be the third
wealthiest independent coun-
try in the western hemisphere
in terms of per capita income,
behind only the United of
America and Canada.

“Ts it not, therefore, abun-
dantly clear that in a region
where islands are major assets
for tourism development, we
have substantially underutilised
tourism assets in The Bahamas?
If we want to diversify, why not
diversify that?”

Mr Vanderpool- Wallace sug-
gested that the Bahamas has
“nearly overdeveloped” the “2
per cent” that Nassau and Par-
adise Island represent over the
past 40 years “without devel-
oping the necessary sea, air and
ICT infrastructure for inter-
island transportation and com-
munication throughout the
Commonwealth of the
Bahamas”.

He said the Ministry of
Tourism was currently focus-
ing on reducing the cost and
time of travel to the Out
Islands, and allowing more elec-
tronic booking of flights, fer-
ries and accommodation as a

means of stimulating tourism.

“The entire concept of
‘anchor projects’ as conceived
by some, and as perceived by
many, is externally focused. It
relies largely on foreign invest-
ment for much of its success.
All that is required for Bahami-
ans to be successful in tourism
are “Bed & Breakfast” facili-
ties that can be viewed and
booked electronically from any-
where in the world, along with
the air and sea transportation
that might be required to deliv-
er the visitor to their accom-
modations. My Ministry is in
the final stages of negotiations
to acquire the software to put
such a system in place,” Mr
Vanderpool-Wallace said.

“There is clear evidence that
warm weather vacationers
dream of their own villa or pri-
vate and intimate home near
the water in the Bahamas, but
those dreams are deferred once
the difficulty of accessing those
facilities and purchasing them
with confidence are encoun-
tered. When those difficulties
are overcome, we can enable
hundreds of Bahamians to
enter the tourism business
immediately all over the
Bahamas.

“Right now we have more
vacant rooms available in pri-
vate homes and villas through-
out the Bahamas than the
rooms to be brought on stream
by Baha Mar. No need to wait,
we can start the day that the
transportation and booking sys-
tems are in place.”

Mr Vanderpool- Wallace sug-
gested this economic expansion
would help avert what current-
ly represents, he said, “the
greatest risk to our future” -
the potential that educated
young people will leave and
seek opportunities elsewhere.

”*The Bahamas (with the
obvious exception of Cuba)
holds the distinction in the

‘Make all efforts’ to improve rankings

FROM page 1B

their platforms to reflect cur-
rent market opportunities”.

Meanwhile, new players are
entering the market, such as
Jamaica and Barbados.

“These jurisdictions are
seeking to use their new status
to demonstrate relevance to
the business community and,
in some cases, the costs are
more competitive. In the case
of Jamaica, they certainly
have more human resources
to fuel their industry,” said
Ms Warren.

“Our competitors are trans-
forming their business propo-
sitions, moving away from sin-
gle product focuses to pro-
viding a platform for business,
a platform for capital flows
rather than just services.”

In light of new challenges
and the limited resources
available to the sector from
the Government, Ms Warren
said the BFSB this year
undertook an initiative which
it called SCRIPT (the name
representing elements which
the BFSB considers critical to
the future success of the
industry: strategy, coordina-
tion, regulation, infrastruc-
ture, stakeholders, talent) to
determine which potential
new areas of business repre-
sent the greatest opportuni-
ties for the Bahamas in terms
of revenue and jobs.

“We know the market, the
Americas, but we wanted to
define realistically what was
required to secure opportu-
nities, and what benefits were
available both in terms of rev-
enue and jobs,” said Ms War-
ren.

“In our view, this confirmed
the view that the game plan
was forthe Bahamas to
become the preeminent cen-
tre for structured capital flows
between companies seeking
to do business with the major
economies in this region.

“Pursuing this largely
underdeveloped opportunity
will strengthen our position
in wealth management. After

all, many of the businesses
today are owned and con-
trolled by families, and these
families seek wealth manage-
ment services.”

Ms Warren said the BFSB
determined, based on the
SCRIPT initiative, that “we
want to integrate our finan-
cial services with actual bricks
and mortar activities, and
business and trade flows that
occur between these
economies (with) financial
services geared towards peo-
ple engaged in these busi-
nesses”.

“Perhaps most important-
ly,” she said, “the linkages
and abilities to leverage the
transshipment, logistics and
commercial activities on tap
in Grand Bahama could seal
the deal for the Bahamas in
being the regional winner in
international business and
finance.”

Evidence for this, said the
executive director, lay in the
key assets the Bahamas has -
history, location and fiscal
resources.

“These assets, we believe,
give us a comparative and
compelling advantage over
other centres in the region,”
said Ms Warren.

She added that there are
many assets in Brazil that
could “be managed in the
Bahamas through investment
funds, but the crucial step is
the Brazilian regulator has to
approve the Bahamas as an
acceptable jurisdiction”.

She said the Securities
Industry Act tabled in Parlia-
ment late last year “should
allow this money to now flow
into the Bahamas, and allows
us to secure a greater foothold
in such an important market”.

However, Ms Warren not-
ed that there are other chal-
lenges that need to be
addressed going forward if the
industry is to thrive.

Among these are the fact
that insufficient lawyers in the
Bahamas are “focused on our
industry”, and the need to
find ways to allow capital to
come into this nation from

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that 1, KEEDRA CHANTE
BEAVER, of Carmichael Rd., RO.Box CR56822 intend

to change my name to KEEDRA CHANTE JORDAN. If
there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief
Passport Officer, RO.Box N-742, Nassau, Bahamas no
later than thirty (80) days after the date of publication of
this notice.



other countries without hav-
ing higher penalties attached
than if it went elsewhere.

In addition to addressing
the Bahamas’ position in
reports such as the Global
Financial Centres Index,
which benchmark this nation
against other centres, Ms
Warren noted that attracting
new business to this nation
depends on good manage-
ment of existing clients.

“We must ask why are peo-
ple coming into the Bahamas
and why are people leaving.
We have to take seriously the
management of our existing
clients. They are the ones that
are key to whether we can get
more,” she said.

The executive director said
the global market is changing
rapidly, and the Bahamas
must also become better
acquainted with the charac-
teristics of new potential busi-
ness partners, who may come
from countries that would
have previously been consid-
ered “risky” or emerging
economies.

“We must be focused in
2011 on resolving and unrav-
eling barriers to bringing cap-
ital into the Bahamas. If it
takes more effort to do busi-
ness in the Bahamas than
elsewhere we are not a com-
pelling financial services juris-
diction,” said Ms Warren.

“We have not scratched the

development,

our Stall



surface of the opportunity in
the financial service industry,
and if it goes elsewhere it’s
extremely difficult to bring it
back.”

Caribbean as that independent
country from which the fewest
number of its citizens leave to
live elsewhere in search of bet-

reluctantly, only for training
and development, but they
returned on completion. That
is no longer as true as it once

ter economic opportunities. It
was an axiom in recent times
that Bahamians leave home

our future,” he said.

TECHNOLOGY

JOB OPENINGS:

Warehouse Administrator

Responsibilities: Provides support to functions of the
warehouse including inventory control. This individual
must be computer literate.

Minimum Qualifications: 3 BGCSE, high school
diploma, good written and oral skills, telephone etiquette,
minimum of 2 years in related field.

Salary: Commensurate with qualifications and experience.

Store Manager
Responsibilities: Oversees the daily operations of a

retail establishment. Responsible for overseeing the daily
work of sales associates and must order for the store.
Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and oral
skills, telephone etiquette, Management Skills, excellent
customer service skills & supervisory experience.
Minimum of 2 years experience in related field.
Salary: Commensurate with qualifications and experience.

Sales Associate

Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and
oral skills, telephone etiquette, & customer service skills.
Must have excellent knowledge of computers, computer
parts, & accessories. Cashing experience is a plus.
Experience working for a computer company is a plus.

Marketing Person

Responsibilities: To Market company products and
services.

Minimum Qualifications: 3 BGCSE, high school
diploma, Microsoft Word and Excel, good written and
oral skills, telephone etiquette, & customer service
skills. Must have excellent knowledge of computers,
computer parts, & accessories. Have different form of
marketing communication strategy such as advertising,
sales promotion, public relation, and direct marketing.
Must be able to design company flyers, and advertise
on social networks. Experience in related field a plus.
Salary: Commensurate with qualifications and
experience.

PLEASE, ONLY PERSONS WITH THE ABOVE
QUALIFICATIONS/EXPERIENCE NEED APPLY

Email resume to: jobs@dectpe.com





_—& POSITIONS AVAILABLE FOR
pwe AUDIT MANAGERS

PricewaterhouseCoopers has vacancy in its Nassau Office for Audit Managers
whose qualifications make the individuals eligible for membership in the
Bahamas Institute of Chartered Accountants. Prospective candidates should
be recently employed in public accounting and have at least one (1) year of
experience at the Assistant Manager/Manager level in managing a portfolio
of diverse client engagements. Candidates are also required to have a high
level of computer literacy.

The position offers challenging work in the financial services industry and
other areas of industry and commerce. The salary scale, which recognizes
different levels of experience and skill, is designed to reward high
performance. In addition, the Firm provides excellent medical insurance and
provident fund benefits.

Please submit your application letter with your Curriculum Vitae to:

Assistart Cival Ecgreer

Mott MacDonald is a global management,
engineering and development consultancy
spanning 140 counties with over 14000 staff in
sectors such as transport, energy. buildings,
water, the environment, health, education,
communications, oil and gas and urban

We work on.a large variety of interesting
construction projects internationally

The selected candidate will jain aur team in
Nassau as an Assistant Resident Engineer

The candidate vill be supporting our Chief
Residem Engineer in the site supervision team
on the New Providence Island Road
Improvement project. They will also be
respansitde for performing all the acminestrative
and operational functions necessary for the day
to day operation of the project.

We offer excellent training and support to all of



Human Capital Leader
“Audit Manager Position”
PricewaterhouseCoopers

P.O. Box N-3910
Nassau, Bahamas



“yw?

Mott MacDonald

As a minimum, the successful applicant will have
the following:

1. BEng of BSc in Civil Engineering

2. Min 3 years post graduate experience
with at least 1 Year Site Supervision
BXPenence on road construction

Positive altitude

Contract administration experience
Relevant technical experience

Sound engineering judgement

Sood IT and Communication skills

Valid driver's license

Oo oT ur Be tat

Applications which should include a CV should
be submitted to the following address, to arrive
on of before 17 January 20171.

Resident Engineer

P.O. Box CB 12882

Nassau, Bahamas

Applications can also be emailed to
graduate2422 gmail.com

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

was and is the greatest risk to
PAGE 4B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



=
S40M PROJECT EXPOSES

WILL FOR INVESTMENT

FROM page 1B

Container Port, roads and the
harbour dredging.

“Are we prepared to invest
in the diversification of our
economy,” Mr Turnquest said,
“the next pillar, or are we still
stuck in the loop, doubling
down our bets on Nassau to
carry the weight of the
Bahamas, even though we
know it’s not sustainable.”

The Grand Bahama Cham-
ber touted the benefits of eco-
nomic diversification as having
spared the island an even worse
time during the past six years,
saying he “shuddered to think”
what would have happened had
Freeport been reliant on just
tourism and financial services.

While Freeport and Grand
Bahama had “endured some-
what painfully” the past six
years, with unemployment
“unacceptably high” due to
tourism sector weakness, the
existence of the Container Port,
the South Riding Point and
BORCO facilities, Bradford
Marine’s yacht repairs, and
pharmaceutical and styrofoam
manufacturers, Mr Turnquest
said the island was still “a net
revenue source to the Govern-
ment today, despite what they

like to say about us”.

Still, the Grand Bahama
Chamber chief said Freeport
businesses and households were
currently “caught in the cross-
fire”, and felt “under attack and
unsupported” as a result of two
recent moves by the Govern-
ment.

Apart from the controversy
over the bonded letters, Mr
Turnquest said Prime Minister
Hubert Ingraham’s recent
announcement that the Gov-
ernment would not discuss the
extension of Freeport’s busi-
ness licence and real property
tax exemptions, due to expire in
2015, until 2013 had sent
“shockwaves throughout the
local community, and investors
and potential investors”.

“Everyone wants to know
what happens five years down
the road, not two-three years,
and everyone’s concerned that
in two to three years they may
be faced with a real property
tax increase no one planned

Mott MacDonald is a global management,
engineering and development consultancy
spanning 140 countries with over 14000 staff in
Sectors such as transport, energy, buildings,
water, the environment, health, education,
COMMUNICADONS, Gil and gas and urban

development.

We work on a4 large vanety of interesting
construction projects internationally.

The selected candidate will join our team in
Nassau as a junior O5/Measurement Engineer.

The candidate will be supporting our Senior OS
in the site supervision team on the New
Providence Island Road Improvement project.
They will also be expected to undertake other
lasks associated with lhe day-to-day site
Supervision and reporting on a project of this

Size,

for,” Mr Turnquest said.

He added that when the
Prime Minister’s announcement
was made, one potential
Freeport investor placed a call,
stating: ‘What exactly is meant
by that?’

Cross-fire

Pointing to the possible dam-
age done to the second home
market and business expansion
by the prospect of a real prop-
erty tax rise, Mr Turnquest said:
“Grand Bahama residents
ought not to be caught in the
cross-fire.”

Apart from urging the Gov-
ernment to review the ‘bond-
ed letter’ situation, warning that
this was “bad social policy” that
could result in more unem-
ployment and higher taxes, Mr
Turnquest also called on it to
assess the “insane increase in
banking fees” imposed on the
business community.

He argued that the rise was
likely a response to the
increased bank licence fees
imposed in the 2010-2011 Bud-
get, and while it was not the
Government’s intention for the
banks to pass these on to

clients, this was what had hap- i
pened. Mr Turnquest said this }
was heavily impacting Bahami- } ;
an businesses that generated } Placed, something Mr Shaw suggested was “beyond the
high revenues, but low prof-
i larger entity, “we can probably do that together”.
The Grand Bahama Cham- }

ber chief said key adjustments }

itability.

would have to be made to the

20/OECD.

Mr Turnquest said the BTC i
privatisation had sparked a }
increasing }

debate about
Bahamian ownership in the

not see the ‘usual’ families and
groups doing all the deals.

, Coan eas ste : “billions” to keep pace with consumer demand for new
and innovation and resulted :, ; Products and services, Mr Shaw again highlighted advantages
. i for BTC if it was part of LIME, adding: “Doing it on your

“too much political interference }

and too much taxation” to sup- } é age
? er group is much easier.

port it.

“ww?

Mott MacDonald

The successful candidate will have an

- Engineering Degree or equivalent Qualification.

- Willingness to learn.
- Positive attitude.

> Interest in construction,

: Good IT and Communication skills.
- Good level of numeracy and literacy

- Valid Driving License

We offer excellent training and support to all of our

stalf.

Applications which should include a CV should be
submitted to the following address, to anive on ar

before 17 January 2011.

Resident Engineer
P.O, Box CB 1288?
Nassau, Bahamas

Applications can

also
raduate242@ gmail.com

be emailed to



7
pwe

Job Description

PricewaterhouseCoopers has vacancies for qualified Senior Associates within our Systems
and Process Assurance (SPA) practice. As a member of the SPA team, you will provide
services related to controls around the financial reporting process, including business

POSITIONS AVAILABLE FOR
SPA SENIOR ASSOCIATES

process and information technology management controls.

Requirements

Proven experience in identifying, evaluating and testing information technology and/or
business process controls, having worked in the accountancy profession for a minimum of

three (3) years.

A strong academic record and has a professional accountancy qualification and/or the CISA

qualification.

Sound business awareness, excellent communication skills and personal initiative.

The ability to work as part of a team, as well as independently.
The ability to build and manage internal and external relationships.

Proficient understanding of security and control for some of the following technologies and/
or enterprise applications: Unix, Windows Server 2003, Windows Server 2008, OS/400,

SQL Server, Oracle database, SAP, Peoplesoft, and JD Edwards.

Working knowledge of information technology general controls concepts in the areas of
systems development, change management, computer operations and access to programs

and data.

Working knowledge of controls and controls standards (Sarbanes Oxley, COSO, and

COBIT) and testing strategies.

The positions offer challenging work in the financial services industry and other areas of
industry and commerce. The salary scale, which recognizes different levels of experience
and skill, is designed to reward high performance. In addition, the Firm provides excellent
medical insurance and provident fund benefits.

Please submit an application letter with your Curriculum Vitae to:

Human Capital Leader
“SPA Senior Associate Position”
PricewaterhouseCoopers
P.O. Box N-3910
Nassau, The Bahamas







TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

STANDALONE BTC UNABLE TO
ACHIEVE VITAL ECONOMIES

FROM page 1B

reach” of a standalone operator. Yet, if BTC was part of a

If the BTC privatisation process was concluded as is, with
a51 per cent majority stake in the company sold to CWC for

} $210 million, Mr Shaw said the company - and, by extension,

Bahamas’ tourism and finan- } Bahamian consumers, businesses and the Government -

cial services models, with the :

former being dominated by } access to as a standalone provider”.
low-yielding cruise passengers }

at the expense of land-based :

hotels. and the latter under ; DOlogy, services and better pricing, and Mr Shaw later told

increasing pressure from the G- | _Ttibune Business in an exclusive interview: “I don’t know of

: almost any business of BTC’s size left as an independent

would “get access to economies of scale it would not get

These economies of scale would come into play on tech-

entity. In telecoms, scale is important.”
As a fixed-asset business, it was critical for telecoms
operators to attract volume, and Mr Shaw told Tribune

? Business that BTC also needed “to be able to tap into best
economy, but in a way that did }

practices from other countries and markets, so it can rapid-

ly develop things consumers are looking for”.

Pointing out that telecoms operators were today investing

own in a global environment is tough; being part of a larg-

Pointing to LIME’s recently launched Mobile TV product

| ? in Jamaica, which this weekend will deliver Buju Banton’s
? comeback concert in Florida live to Jamaican cell phones in
? digital quality, Mr Shaw unveiled the company’s plans to
: deliver TV services to the remote Family Islands.

“You've got some good TV services already. We think we

? can improve on that,” Mr Shaw said. “In some of the small-
: er islands today, the choice is pretty limited. We think we can
: bring 16-20 channels of good quality TV into smaller mar-
? kets, so consumers can have more choice about what they
} watch - not in five years’ time, but the weeks and months
: ahead.”

Opportunity

Outlining CWC and LIME’s vision, Mr Shaw said the

? company saw itself working alongside governments in the
: territories it operated in to develop telecommunications
? infrastructure vital to economic growth and opportunity,
: social development and labour productivity.

“We see BTC, we see telecommunications as an oppor-

tunity to help with the economic, social and political devel-
} opment of the Bahamas and its economy,” he added. “We
? don’t think it’s five years away; it’s in the weeks and months
? ahead.”

Focusing on LIME’s work in St Vincent, Mr Shaw said

: provision of enhanced Internet bandwidth had created new
? employment opportunities by attracting DiscoveryWorks
? Legal to the island. This serves as a legal call centre and data
? storer/retriever, providing electronic discovery and other lit-
? igation support services to US attorneys, government enti-
: ties and corporate legal departments.

“Why can’t it be that the Bahamas is not providing this

service to the US market, which is 45 minutes away,” Mr
} Shaw asked.

In another CWC market, Guernsey, four of the world’s

top five e-gaming companies were based, attracted to the
? company’s high speed, controlled Internet infrastructure.

Guernsey, Mr Shaw said, had more bandwidth than South

Africa on an island “smaller than New Providence”. He
: added: “We’re trying to help that economy and these
; providers create employment and wealth for that market.”

CWC had also been instrumental in the provision of

? telemedicine and CCTV (Closed Circuit Technology) in
? Panama crime hot spots, Mr Shaw said, and enabled Ross
? University’s Dominica campus to access education pro-
? grammes online.

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

R & M Investment Services Limited

Notice is hereby given in accordance with Section 138 (8)
of the International Business Companies Act, (No.45 of
2000), the Dissolution of R & M Investment Services
Limited has been completed, a Certificate of Dissolution has
been issued and the Company has therefore been struck off the

Register. The date of completion of the dissolution was the
29th day of December, 2010.

Liquidator
Richard Anthony Altman

PKF BAHAMAS

Qualified and Trainee Accountants Required

The Nassau office of PFK, an International Accounting Firm, seeks to
recruit the following:

(1) Professional qualified persons with recognized accounting
qualifications. They must be eligible for membership in The Bahamas
Institute of Chartered Accountants and must have at least two (2) or
three (3) years post qualification experience. Only Bahamains need
apply. Preference will be given to applicants with proven audit and
assurance experience.

(2) Trainees with an accounting degree and eligible to write a profes-
sional examination. Only Bahamians need to apply.

In all cases, salary and benefits subject to negotiation.

Apply in writing to Human Resources Partner, PKF.
P.O. Box N-8335, Nassau Bahamas.




THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 5B





FROM page 1B

said BTC’s existing cost struc-
ture was “too high” and needed
to be reduced to prepare for
competition, hence the need to
restructure the company’s
workforce.

With BTC and the Bahamas
set to become one of LIME’s
three regional hubs, alongside
Barbados and Jamaica, Mr
Shaw added that while it was
too soon to determine precise
details, this structure meant that
while some jobs would leave
this nation, other posts would
also be transferred here.

Emphasising that CWC and
LIME remained “committed”
to addressing the concerns har-
boured by the two unions rep-
resenting BTC’s staff, Mr Shaw
said of the five-year business
plan being developed for the
state-owned incumbent: “We’re
pretty much there.

“We've been working on it
with the BTC management
team for the past couple of
months, and I’m pretty com-
fortable with where we’re at
internally on it. We’re almost
there. We’re in good shape.”

Declining to go into specifics,
Mr Shaw said LIME was also
receiving input from the Gov-
ernment and its privatisation
committee, allowing them to
critique the proposals, Mr Shaw
added: “It’s a five-year plan. It
deals with pretty much every
aspect of this, how we’re going
to improve service through to
how we’re going to expand and
improve the retail and distrib-
ution network, and to deliver
new products and enhance
capacity for consumers, busi-
nesses and the Government.”

Underlying the main busi-
ness plan were documents such
as technology, IT and support
services plans, and Mr Shaw
added: “It’s a pretty compre-
hensive piece of work.” The
business plan also dealt with
the right level of capital invest-
ment, and how this varied from
year to year, the industry aver-
age being 12-14 per cent of rev-
enues for this purpose per
annum.

The LIME chief executive
said CWC’s experience as the
imcumbent monopoly through-

LIME’s BIC plan ‘pretty much done’



DAVID SHAW

out the Caribbean, in 13 mar-
kets that had liberalised, would
serve BTC well in terms of
preparing it, and transforming
its internal culture, to prepare
for competition.

Noting that 49 per cent of
BTC would remain in the
hands of the Government and
Bahamian investors, Mr Shaw
said: “If you get that wrong,
you destroy all the value in it.
We know from experience,
know from our mistakes, that
you have a long way to come
back. If you get it right, in the
long run you create a business
that employs people, creates
great value for customers, and
delivers a decent return for
shareholders.”

Reducing BTC’s cost struc-
ture will be critical to readying
the business for competition,
Mr Shaw said, adding: “The
cost base is too high. It needs to
come down.” Currently, BTC’s
staff salary and benefit costs
are running at $90 million,
equivalent to almost one-quar-
ter or 25 per cent of its per
annum revenues, and the
LIME chief executive indicated
that Bahamian consumers were
supporting this by paying
above-market cellular phone
rates, something BTC was able
to levy due to its monopoly in
this segment.

“The reason that consumers
are paying $0.30 or $0.40 cents
a minute is because there is no
competition today in mobile,
and in any other market in the

Caribbean, they’d be paying in
the low double digits or high
single digits,” Mr Shaw
explained, depending on fac-
tors such as time of day the call
was made.

“You have to have a cost
base able to withstand passing
the pricing benefits on to con-
sumers. Competition arrives,
and if you do not anticipate the
competition, do not get ready
for it, and do not adjust your
pricing, the business loses mar-
ket share and profitability, and
in the long run employs less
people than would have been
employed in the first place.”

LIME was currently dis-
cussing BTC’s cost base with
the Government and privatisa-
tion committee, while the issue
was “part of the debate we
need to have with the unions”,
since it linked directly to the
staff restructuring to come via
early retirement/voluntary sep-
aration.

Committed

“We always remain open and
committed to talking with the
unions,” Mr Shaw said. “I’m
hoping that very soon we will
sit around the table to talk
about how they feel, all and any
concerns and issues they have.”

When it came to opposition
to BTC’s privatisation and the
$210 million sale of a 51 per
cent stake to CWC, Mr Shaw
told Tribune Business he
sensed some of it was political,
which he and the company
could do nothing about, and
“then there are some real and
genuine concerns about the pri-
vatisation” among BTC’s staff.

This, he added, was “very
understandable”, and LIME
would “love to have more dia-
logue about” it with the unions.

Mr Shaw acknowledged that
with LIME’s regional structure,
and desire to gain economies
of scale through consolidation
of some services, some jobs
would leave the Bahamas post-

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CouNSEL & ATTORNEYS-AT-LAW

EMPLOYMENT OPPORTUNITY

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Interested persons must submit a current resume no later than January 28, 2011.

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privatisation, yet BTC would
gain in other areas as one of
three hubs.

“We run two regional cen-
tres today; one in Barbados,
one in Jamaica,” Mr Shaw
explained. “The Bahamas will
become a third regional centre.
What that means in practice, in
reality, is that some jobs will
transfer out of this centre, and
some jobs will transfer in.

“The exact puts and takes
are still pretty much a work in
progress.”

While initial competition
would come from Cable
Bahamas (possibly merged with
Systems Resource Group) and
other niche players and start-
ups, Mr Shaw said the “big
one” would come three years
after privatisation with the
arrival of a second mobile play-
er in the Bahamian market.
This, he added, could attract a

third, and possibly a fourth, cel-
lular player, although this could
be limited by the size of the
market.

“Tt’s a good two or three
years of work ahead to make
sure the business [BTC] is
ready for competition,” Mr
Shaw said. “The business has
been on a journey of improving
service, according to comments
from businesses and consumers.
We've got to continue that and
up its pace, delivering a whole
new suite of products and ser-
vices. For consumers, we have
to deliver real value and new
things.

“Competition will change the
landscape fundamentally and
forever, and the business needs
to be ready for that. ’m hoping
we can run towards it and
embrace it, and have a business
that builds on its promise.”

Mr Shaw said he would be

“very disappointed” if Bahami-
an businesses and consumers
did not see a “good difference”
in the first year of a post-pri-
vatisation BTC, adding that
delivering new products, ‘buy
and top up’ ease, value propo-
sition and ensuring the network
was equipped to deal with data
were “high on the agenda”.

“T think within the first year
that consumers need to be able
to look back and see a number
of differences. If we have not
made a good first impression, it
will be hard to recover,” Mr
Shaw said.

Shrugging off the writs filed
by the BTC unions to block the
sale, Mr Shaw said he was
“highly confident” that CWC
would complete the 51 per cent
majority stake purchase of
BTC.

The company was “running
as hard as we can” to support
the Government’s schedule,
and Mr Shaw said: “I’m pretty
optimistic. We certainly have
the cash, the capacity and the
wherewithal to get the deal
done.”






POSITIONS AVAILABLE FOR









pwe

SENIOR ASSOCIATES

PricewaterhouseCoopers has vacancies for qualified accountants whose
qualifications make them eligible for membership in the Bahamas Institute of
Chartered Accountants. Prospective candidates should have at least three (3)
recent years of public accounting and auditing experience and be computer











literate.

The positions offer challenging work in the financial services industry and
other areas of industry and commerce. The salary scale, which recognizes
different levels of experience and skill, is designed to reward high
performance. In addition, the Firm provides excellent medical insurance and











provident fund benefits.

Please submit an application letter with your Curriculum Vitae to:










Human Capital Leader

“Senior Associate Position”
PricewaterhouseCoopers

P.O. Box N-3910
Nassau, The Bahamas

> PICTET

1805

PICTET BANK & TRUST LIMITED

Invites qualified applicants for the following position:-

TRADER

EDUCATION AND EXPERIENCE:-

~At least five (5) years trading experience.
-In-depth knowledge in trading:~
World-wide Shares

Nassau, Bahamas

No phone calls please,

The Anglican Central Education Authority
is pleased to announce its Grade 7 Entrance Examination

The Entrance Examinations will occur on
Saturday, 5 Februay 2011, 8:30 a.m. - 12:30 p.m.
at each of the following Anglican Schools:

1. St. John's College, Stapledon Gardens

2. St. Anne's School, Fox Hill and Eastern Roads

3. Bishop Michael Eldon School, Freeport, Grand Bahama
4. St Andrew's Anglican School, George Town, Exuma

Applications can be collected from any Anglican School,
between 8:30 a.m. - 3:30 p.m. APPLICATIONS MUST BE
RETURNED TO THE SCHOOL THE CANDIDATE WISHES
TO ATTEND.

Applications will be accepted until the registration deadline
of 3:00p.m. Friday, 28" January 2011. NO APPLICATIONS
WILL BE ACCEPTED AFTER THIS DATE.



Third party funds
Bonds
Options
Futures
-Ability to speakwrite French would be an asset.
«Bachelor's Degree m Finance or related subject.
-Series 7 certification.
-Proficiency in a vanety of software applications including Microsoft Ottice Suite.

REQUIRED SKILLS:-

-Ability to work independently.

-Strong organisational skills.

“Commitment to excellent customer service,

-Must be a team player.

-Excellent oral and written communication skills.
-Excellent problem solving skills.

-Ability to work under pressure and to meet strict deadlines.

Please hand deliver Resume and two (2) references to:-
The Human Resources Manager
Bayside Executive Park
Building No. |
Nassau, Bahamas
APPLICATIONS MUST BE RECEIVED BY FRIDAY, JANUARY 28, 2011
ABSOLUTELY NO TELEPHONE CALLS WILL BE ACCEPTED

Offices im

Lewsanae, Gene, Zurich, Lecembourg, London, Mowtreal, Newson, Singapere, Tokyo, Hong Korg,
Frankfiet, Florence, Milan, Madrid, Paris, Ree ond Turin

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

FRIDAY, JANUARY 14, 2011, PAGE 7B





SG aU aaa hE
BU Ua eRe aa eS



LOOKING FOR WORK: Angela Harrington waits in line to attend
a job fair, Dec. 8, 2010 in New York.

CHIP CUTTER,

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

AP Photo/Mark Lennihan

Stocks dipped Thursday after a report found that more people
applied for unemployment benefits last week.

The Labor Department said first-time applications for unem-
ployment benefits rose 35,000 from the week before to 445,000. It
was the highest level since October and above what economists had
predicted.

"It was a disappointing number," said Kim Caughey Forrest, an
analyst at Fort Pitt Capital.

Merck & Co. fell 6.6 percent to $34.69 after announcing that clin- i

ical trials of its cardiovascular drug vorapaxar would be discon-

tinued for some patients. Merck fell the most among the 30 stocks :

that make up the Dow Jones industrial average. Home Depot
Inc., which gained 1.3 percent, led the index.

The Dow fell 23 points, or 0.2 percent, to 11,731.9. The Standard }
and Poor's 500 lost 2, or 0.2 percent, to 1,283.76. The Nasdaq

composite lost 2, or 0.1 percent, to 2,735.29.

Losses were spread across the market. Seven of the 10 compa-
ny groups that make up the S&P 500 fell. Materials companies had
the largest move, falling 0.8 percent.

Whole Foods Market Inc. jumped 4.6 percent to $52.31 after an }

analyst said that the company's shares would continue to rise
because its customers are willing to pay higher costs for food.
The company is up nearly 80 percent over the last year.

The Labor Department also reported Thursday that wholesale }
prices in December rose by the largest amount in nearly a year, as }
a result of higher energy and food costs. Most other prices rose only i
slightly, suggesting inflation isn't spreading through the econo- }
my. A decline in the dollar helped limit stock losses. The dollar lost i
1.1 percent against an index of six currencies after successful bond
auctions by Spain and Italy pushed the euro higher. The dollar's }
slide helps U.S. companies that rely on exports by making their }

prices more competitive overseas.

After the market closed, Intel Corp. reported that its income rose :

48 percent last quarter. That easily beat analyst estimates.

Bond prices rose, pushing their yields lower. The yield on the 10-
year Treasury note fell to 3.30 percent from 3.35 percent late }
Wednesday. That yield is used to set interest rates on many kinds ;

of loans including mortgages.

Four shares rose for every three that fell on the New York
Stock Exchange. Consolidated volume came to 4.4 billion shares. }

NOTICE

RIVER COUNTRY LIMITED
NOTICE IS HEREBY GIVEN as follows:
(a) RIVER COUNTRY LIMITED is in voluntary dissolution



Journalists to launch News Corp's iPad newspaper

RYAN NAKASHIMA,
i AP Business Writer
: LOS ANGELES

i: Stop the presses — com-
i pletely. The world's first iPad
? newspaper, The Daily, is prep-
? ping for launch.
i Journalists have been hired
? and are in place at multiple
: U.S. bureaus, including Los
? Angeles and New York.
i The formal announcement of
i the digital publication owned
? by News Corp. will be made at
i an event at the San Francisco
i Museum of Modern Art on
? Jan. 19, according to two people
i familiar with the matter. The
i people said the event will be
i attended by Steve Jobs, chief
i executive of iPad-maker Apple
? Inc., and Rupert Murdoch,
? CEO of News Corp.
i The people were not autho-
? rized to speak publicly and
i spoke on condition of anonymi-
i ty. Details are scant, including
? how much a subscription to the
? tablet-only paper will cost, if
i there is indeed a fee, but the
i name at least implies it will
i come out once a day. It will
? cover general news, culture and
? entertainment and will include
i video. The publication is a bold
i attempt by Murdoch to rewrite
: the business of journalism, as
? revenue from print circulation
? and advertising has plunged
i and growing advertising sales
? on websites have not made up
i the difference.
At an investor's conference
i last month, News Corp. Chief
? Operating Officer Chase Carey
i called The Daily a "small bet"
i because costs were limited
? mainly to a modest editorial
: staff. By contrast, printed news-
? papers also have such costs as
i newsprint, ink and delivery.
Carey touted the benefits of

SMITH of Bernard Road,





INTERNATIONAL
BUSINESS

tablet computing technology.

"We didn't want it for a PC,"
he said. "We think the tablet,
you know, is a unique experi-
ence. You can design some-
thing that takes advantage of
that experience, takes advan-
tage of the multimedia capabil-
ities of it, the technological
capabilities of it. I think it could
be an interesting product."

News Corp.'s other digital
initiatives are setting the pace in
a struggling industry.

The Wall Street Journal's
website has required a paid sub-
scription for 14 years and now
has nearly 450,000 electronic
subscribers, according to the
latest report by the Audit
Bureau of Circulations. The
newspaper charges $3.99 per
week for an iPad subscription,
which includes access to its
website. News Corp. won't say
how many people are paying,
but more than 1 million have
downloaded the app for free (it
contains some preview materi-
al, but full access is restricted).

In Britain, since July, News
Corp.'s The Times of London
and Sunday Times require at

NOTICE is hereby given that KIRKLAND JEREMIAH

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 from the 7 day of January, 2011
to the Minister responsible for nationality and Citizenship,
P.O. Box N-7147, Nassau, Bahamas.

Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

under the provisions of Section 137 (4) of the
International Business Companies Act 2000.

TULSA INVESTMENT LIMITED

In Voluntary liquidation

(b) The dissolution of the said company commenced
on the 12th January, 2011 when the Articles of
Dissolution were submitted to and registered by

the Registrar General.

Companies Act (No.

The Liquidator of the said company is Blue Seas
Administration Ltd., The Bahamas Financial
Centre,Shirley & Charlotte Streets, Nassau,
Bahamas

day of December 2010.

Dated this 14th day of January, A. D. 2011



Blue Seas Administration Ltd.
Liquidator

Notice is hereby given that in accordance with
Section 137 (4) of the International Business

45 of 2000), TULSA

INVESTMENT LIMITED, is in Dissolution.”

The date of commencement of dissolution is the 23rd

Tobias Reinmann
18 Rue le Corbusier
1208 Geneva
Switzerland

Liquidator

ROYAL FIDELITY
Moray at Work
co. FA Le

BISX LISTED & TRADED SECURITIES AS OF:
THURSDAY, 13 JANUARY 2011

E35 Es CAPITAL MARKETS
© BROKERAGE & ADYISORY SERVICES
&S eo

creer ca wT A T.

BISX ALL SHARE INDEX: CLOSE 1,490.63 | CHG 0.05 | %CHG 0.00 | YTD -8.88 | YTD % -0.59

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%

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

S2wk-Low
0.97
9.67
4.50
0.18
2.70
2.14
9.62
2.36
5.40
1.63,
1.60
5.94
F ate
ee
B75
1.00

Securit_y
AML Foods Limited
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

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

Finco

FirstCaribbean Bank
Focol (S)

Focol Class B Preference

Previous Close Today's Close
1.00, 1.00
10.63 10.63
4.90. 4.90.
0.18 0.18
2.70 2.70
2.17 2.1F
10.21
2.40
6.85
2.07
1.60
6.07
Fae
9.39
5.51
1.00

Change Daily Vol.
0.00 4

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.04

0.00

0.00

0.00

0.00

0.00

0.00

0.00

10.21
2.40
6.85
24141
1.60
6.07
Fae
9,39.
5.51
1.00

5.00 7.40 7.40

9.82

10.00

ICD Utilities
J. S. Johnson 9.82 9.82 0.00
Premier Real Estate 10.00 10.00 0.00
BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Security Symbol Last Sale Change Daily Vol.
Bahamas Note 6.95 (2029) BAH29 99.46 0.00
Fidelity Bank Note 17 (Series A) + FPeSAT 100.00 0.00
Fidelity Bank Note 22 (Series B) + FBB22 100.00 0.00
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid & Ask Last Prince Daily Wah.
Bahamas Supermarkets 5.01 6.01 14.00
RND Holdings

S2wk-Hi S2wk-Low

0.35 0.40 0.55
CFAL Securities Ltd. (OQver-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds
NAW YTD%
1.5179 5.51%
2.9474 2.10%
1.5740 A.44%
2.7202 12.72%
13.2825 -0.63%
114.3684
106.5528
1.1415
1.1101
1.1428

NAV 3MTH
1.498004
2.918697
1.555464

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund
Royal Fidelity Bahamas G & | Fund
Royal Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
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

Last 12 Months %
1.4076 6.90%
2.8300
1.4954
2.6522
13.0484
101.6693
99.4177
1.0000

2.09%
4.44%
4.63%
-0.14%
12.49%
7.18%
5.21%
7.60%
5.90%

9.98%
4.75%
4.74%
3.94%
4.78%

109.392860
100.779540

1.0000,
1.0000

9.1005

9.7950 4.85% 5.45%

10.0000

10.6417 -1.20% 0.50%

9.1708
9.6635 -3.37%
8.3979 8.82%
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

-3.37%
4.8105 8.82%
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00

52wk-Hi - 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

NAV - Net Asset value
N/M - Not Meaningful
P/E - Closing price divided by the last 12 month earnings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007

S41) - S-for-1 Stock Split - Effective Date 7/11/2007

EPS $
le)

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 =

Div $ Pie
0.150
0.013.
0.153
-O.877
0.168
0.016
1.050
0.781
0.422
oO.1114
0.107
0.357
0.287
0.645
0.366
0.000
0.012
0.859
0.991

17.0
25.2
14.6
1S
N/M
616.7
11.4
10.1

Interest Maturity
6.95% 20 November 2029
7% 19 October 2017
Prime + 1.75% 19 October 2022
7% 30 May 2013
Prime + 1.75% 29 May 2015

EPS $ Yield
-2.945
0.001

Div & P/E
0.000
0.000

4.540
0.002

0.000
0.000

NAV GMTH
1.475244
2.919946
1.538692

107.570619
105.776543

EPS $ - A company's reported eamings per share for the last 12 mths

100

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

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

least a one-pound payment to
access content beyond the front
page online. While online visi-
tors have plummeted, Carey
has been upbeat about the
financial prospects of the new
model, though he acknowl-
edged the businesses will take
years to build. The company's
push toward paid content
comes as its MySpace enter-
tainment site, which is free to
users, has lost hundreds of mil-
lions of dollars annually and
moved this week to slash half of
its staff, or about 500 people.

Newspaper publishers view
the iPad and other tablets as a
golden opportunity because
they can sell ads and subscrip-
tions at higher prices than they
have been able to get on web-
sites, though those rates are still
lower than for print.


















User behavior so far has indi-
cated that reading on the iPad
is more of a "lean back" expe-
rience akin to perusing a print
newspaper. Apple is the clear
leader of the tablet makers, sell-
ing an estimated 13 million
iPads since its launch in April,
but a bevy of electronics mak-
ers including Motorola Mobili-
ty Inc., Toshiba Corp. and Dell
Inc. showed off their tablets last
week at the International Con-
sumer Electronics Show in Las
Vegas. Technology research
firm Gartner Inc. expects that
55 million tablet computers will
be shipped this year.

The New York Times offers
a free iPad version of its news-
paper. Installed on about 1.5
million tablets, the app will
require a subscription later this
year.

SAINT AUGUSTINE’S
COLLEGE









2011 ENTRANCE EXAM








The Entrance

students wishing

Examination

for

to enter Grade

Seven at St. Augustine’s College for








September,

Deadline for

2011

Friday, January 28", 2011

registration

will be given

for. this

examination is Friday January 22%%2011

Eligible students
their Primary
St. Augustine’s
Students — in

Schools

Grade










may register at
or at
ONLY
be

College.
Six will

allowed to sit the Entrance Exam.

COMMONWEALTH OF THE BAHAMAS IN THE

SUPREME COURT

Common Law & Equity Division







2010

CLE/qui/01577

IN THE MATTER OF the Quieting Titles Act, 1959
AND
IN THE MATTER OF the Petition of SHIRLEY KAYE
AND

IN THE MATTER OF ALL THAT piece parcel or lot
of land situated in the Western District of the Island
of New Providence one of the Islands of the Com-
monwealth of The Bahamas and being Lot Number
90 on the Plan of the Subdivision called and known as
“Sunshine Park Estate’”’.

NOTICE

The Petition of SHIRLEY KAYE in respect of:-
“ALL THAT piece parcel or lot of land being Lot
Number Ninety (90) on the said Plan of the said Subdivision
called and known as “Sunshine Park Estate” laid out by the
Vendor and situated on the Western Side of Baillou Hill Road
approximately 1500 Feet South of the junction of Carmichael
Road and the said Baillou Hill road in the Western District of the
said Island of New Providence and which said piece parcel or lot
of land is bounded on the South by Lot No. Ninety-one (91) on
the said Plan and running thereon Eighty-nine and Nine tenths
(89.9) Feet on the West by land now or formerly the property of
Romar Investments Limited and running thereon Fifty (50) Feet
on the North by Lot No. Eighty-nine (89) on the said Plan and
running thereon Eighty-nine and Nine-tenths (89.9) Feet and on
the East by a Road Twenty-five (25) Feet Wide on the said Plan
and running thereon Fifty (50) Feet and which said piece parcel
or lot of land has such position boundaries marks shape and
dimensions as are shown on the said plan of the said Subdivi-
sion filed in the Department of Lands & Survey in the City of
Nassau as Number Four Hundred and Seventy-three (473) N.P.
Shirley Kaye claims to be the owner of the fee simple estate
in possession of the said piece or parcel of land free from
incumbrances. And the Petitioner has made application to
the Supreme Court of the Commonwealth of The Bahamas
under Section 3 of the Quieting Titles Act, 1999 to have her
title to the land investigated and the nature and extent thereof
determined and declared in a Certificate of Title to be granted
by the Court in accordance with provisions of the said Act.
NOTICE is hereby given that any person having a dower
or right to Dower or an Adverse Claim or a claim not rec-
ognized in the Petition shall on before the expiration of
Thirty (30) days after the final publication of these presents
file in the Supreme Court and serve on the Petitioner or
the undersigned a Statement of his claim in the prescribed
form verified by an Affidavit to be filed therewith. Failure
of any such person to file and serve an Adverse Oaim on or
before the expiration of Thirty (30) days after the final pub-
lication of these presents will operate as a bar to such claim.

Copies of the Petition and filed plan of the said land may
be inspected at:

1. The Registry of the Supreme Court, East Street North,
Nassau, Bahamas.

2. The Chambers of Messrs Mangra & Co.,
No. 20 Parliament Street.

Dated the 17th day of November, A.D. 2010

Mangra & Co.

No. 20 Parliament Street
Nassau, N.P.

The Bahamas


PAGE 8B, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



Drilling chief seeking
higher fines for offences

MATTHEW DALY,
Associated Press
WASHINGTON

The Obama administration is consid-
ering ways to increase civil penalties for
companies that violate rules for offshore
drilling, a senior regulator said Thurs-
day.

Michael Bromwich, director of the
Interior Department's Bureau of Ocean
Energy Management, said current fines
of up to $35,000 per incident per day are
"patently inadequate to deter violations."

In a speech at the Center for Strategic
and International Studies, Bromwich said
legislation likely would be required to
make meaningful changes.

Bromwich praised a report this week
by a presidential panel investigating the
BP oil spill, and said his agency has
already begun many of the reforms the
report urges.

"The Deepwater Horizon tragedy has
shaken government — and I hope indus-
try — out of a complacency and over-
confidence that had developed over the
past several decades," Bromwich said.
Increased dangers of ultra-deep water
drilling "were not matched by increased
vigilance and concern for the safety of
those operations."

Bromwich said he understands the
frustration of the oil and gas industry
and its supporters, who accuse the Oba-
ma administration of moving too slowly
to allow new drilling in the Gulf of Mex-
ico. But he said new rules were needed to
keep pace with technological advances
and industry ambitions to drill in ever
deeper waters.

"A retreat on drilling safety is simply
not an option,” he said.

Carlton Carroll, a spokesman for the
American Petroleum Institute, the oil
industry's chief trade group, said industry
and the government have worked hard to
improve offshore safety since the BP spill

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(AP Photo/Gerald Herbert, File)

? helped offset weakness in sales in chips for consumer PCs.

DISASTER: This April 21, 2010 file photo, the Deepwater Horizon oil rig burning after an explo- :

sion in the Gulf of Mexico, off the southeast tip of Louisiana.

last April. "While continued vigilance
on safety is essential, the time has come
to get back to work producing the ener-
gy the nation needs,” Carroll said.

"Too many people remain out of work,
and too much future energy and revenue
production are at risk should delay con-
tinue."

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AMERICAN AIRLINES HIRES

EU ee



: DAVID KOENIG,
? AP Airlines Writer
: DALLAS

American Airlines says ITA Software Inc. will provide tools to

help the airline sell more individualized offerings to passengers.

A top official at the airline says American wasn't swayed by

search giant Google Inc.'s pending acquisition of ITA, a deal that
? spooked some travel companies.

American's chief information officer, Monte Ford, said Thurs-

i day that new software will help the airline better manage its inven-
i tory and sell additional products and services.

As an example, Ford said, it would let American target a pas-

i senger whose flight is canceled with offers for first chance at seats
? on later flights, priority booking and hotel rooms.

AMR Corp.'s American is fighting with travel data provider

? Sabre and online travel agencies over how its tickets will be dis-
? played and sold. Orbitz and Expedia no longer list American
| : flights, and Sabre buried American flights in information it pro-
? vided to travel agents until the airline got a judge to temporarily
? block Sabre's move.

Ford said the ITA software will be used regardless of who sells

: the ticket, and won't affect the dispute with Sabre. He said Sabre
? and other data providers, called global distribution systems, bid
? against ITA. Contract terms were not disclosed.

ITA, which provides technology to run airline reservations, has

| : agreed to be acquired by Google for $700 million. A group of
| : travel companies led by Expedia Inc. oppose the deal, fearing
? that Google could use ITA to unfairly manipulate online travel
: searches and hurt competitors.

American has not taken a position on the Google-ITA deal,

: which is being reviewed by federal antitrust regulators.

AMR shares rose 2 cents to $8.46 in afternoon trading.

Intel's 40 net leaps 48 pct in sign of PG strength

JORDAN ROBERTSON,
? AP Technology Writer
: SAN FRANCISCO

Intel Corp. said Thursday that fourth-quarter net income rose 48
percent and revenue rose 8 percent, as sales of server chips have

As the world's No. 1 maker of computer processors, Intel has a

i pulse on consumer and corporate spending on technology. Its

? results help set the tone for other tech companies’ quarterly results.

Bromwich said new permits for deep- }

water drilling are likely to be issued in the

slower rate than before the spill.

a new deepwater permit, he said.

Net income was $3.39 billion, or 59 cents per share, for the last

\ : three months of 2010. In the same period in 2009, it was $2.28 bil-
first half of the year, but probably at a ; lion, or 40 cents per share. According to FactSet, analysts expect-
? ed 53 cents per share.

"T would be stunned if we wait until the :

third or fourth quarter" of 2011 to issue }

Revenue rose 8 percent to $11.46 billion. Analysts predicted
$11.38 billion.
In a statement, Intel CEO Paul Otellini says 2010 "was the best

; year in Intel's history."

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Volume: 107 No.43



a

US ‘concerns’ over
Bahamas-China ties

ny’

New revelations in
WikiLeaks cables

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

CABLES released by Wik-
iLeaks reveal the United States
has been monitoring the grow-
ing ties between the Bahamas
and China, and expressed con-
cern that developments such as
Baha Mar will "leave the
Bahamas indebted to Chinese
interests for years to come.”

One US Embassy communi-
cation noted the high-profile
visit of top Chinese politician
Wu Bangguo, chairman of the
Standing Committee of the
National People’s Congress, in
late 2009 and outlined the
details of China's investments
in Baha Mar and the National
Stadium.

"Wu Bangguo, the highest
ranking Chinese official ever to
have visited the Bahamas,
praised the Bahamas on multi-
ple occasions for its adherence
to the ‘One China’ policy," said
the cable titled “Chinese offer
golden opportunities to the
Bahamas.”

"The Chinese appear com-
mitted to establishing a firm
financial hold on projects, such
as the Baha Mar, that will have
a major impact on the Bahami-
an economy and leave the
(Bahamas) indebted to Chinese
interests for years to come,"
said the cable written by US
Deputy Chief of Mission Tim-
othy Zufiga-Brown.

A statement released by the

SEE page eight

US DIPLOMAT ‘PRESSURED MINISTRY
OFFICIALS FOR CHINA TRIP DETAILS’

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

AUS diplomat pressured officials at the Ministry of Foreign
Affairs to reveal specifics of high-level trips to China during the
Christie administration, according to a WikiLeaks cable.

SEE page eight

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The I

a
far) ees
“© CELEBRATED CAREER

SEE PAGE TWO

ABOVE: Police at the scene after a man
was found dead in an apartment off
Carmichael Road.

RIGHT: Family of the man were
emotional at the scene.

THE badly decomposing body of a man
was found in an efficiency apartment off
Carmichael Road yesterday.

Police, who had been alerted by concerned
neighbours, had to break down the door of
the one-room unit after discovering the apart-
ment had been locked from the inside.

Upon entry, they found the body of 48-
year-old Andrew Miller.

Reportedly, there were no obvious signs of
trauma to his body.

According to neighbours, Mr Miller was
last seen some time on Monday.

A crime scene officer told The Tribune:
“Because he was not seen in a few days, his
neighbours came to check on him. In check-
ing, they discovered there was an odour.”

Although officers discovered some blood
on the ground around the body, they believe
it could be as a result of the decomposition,
and as yet, no classification has been made on
how Mr Miller met his death.

The officer added: “We cannot say at this
time.

“Once an autopsy has been done, I guess
we can say exactly what happened. But at this
point we don’t want to speculate.”

vit
TU ted Aa yet

Wulff Road Opposite Mackey Street
Tel: 393-0572, 393-8006, 393-3513
Pane Benge) ee =k are ne eee



ribune

LATEST NEWS ON WWW.TRIBUNE242.COM



2 WAKE UP!

Sausage & Eqg
Burrito



ILLEGAL GUN
FOUND ON MAN
IN WHEELCHAIR

POLICE plan to bring sever-
al charges against persons found
in possession of illegal weapons
this week, one of whom is a
paraplegic.

Officers found an illegal 9mm
pistol in the handicapped man’s
pants pocket on Wednesday
evening.

The gunman, who was con-
fined to a wheelchair, came
under the scrutiny of officers
from the Selective Enforcement
Unit (SET) during their patrol

SEE page nine




Tim Clarke/Trbune stat | ll



MAN ACCUSED OF MURDER CLAIMS
HE WAS BEATEN BY THE POLICE

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

A MAN alleged to have com-
mitted the year’s second murder
claimed yesterday he was brutally

MARSHALLTOWN

Vic ae el ote



NASSAU AND BAHAM

ISLANDS? LEADING NEWSPAPER

beaten while in police custody.
Winston Gibson, 21, is charged
with gunning down Rudolph
Forbes on the porch of a house in
Bishop Way, Windsor Place, off

SEE page nine

SOO Cee ee meee eee

WE HAVE EVERYTHING YOU NEED TO BUILD IT RIGHT!
Cremer eee oe) se eee ele ee


PAGE 2, FRIDAY, JANUARY 14, 2011

THE TRIBUNE



LOCAL NEWS





Member of Parliament
and former PLP
deputy leader Cynthia
Pratt, affectionately
known to many as
“Mother” for her
decades of generosity
and service to the
community, will be
stepping out of the
political arena after 14
years of service. She
took the time to sit
down with The
Tribune this week to
look back on her cele-
brated career and life.

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

G G MOTHER?” Pratt
has been a woman
of many firsts — first
female deputy prime

minister, first female minister
of national security, first female
to read the annual budget and
first woman acting prime min-
ister, to name just a few.

Many would argue that her
legacy and contribution to the
Bahamas has been unparal-
leled.

Sitting down with The Tri-
bune, “Mother” reflected on
her accomplished career as a
nurse, teacher, politician and
community activist.

Born in 1945, Cynthia Moxey
came from humble beginnings.

She learned the meaning of
dedication and perseverance
early on, often assisting her
mother who worked as a ven-
dor in the straw market on Bay
Street. Growing up in hardship
as the 13th child in a large fam-
ily of 16, “Mother” learned at
an early age what it takes to

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A CHERISHED LEGACY AND CONTRIBUTION: Cynthia Mother Pratt speaks to Tribune reporter Celeste Nixon one on one yesterday and reflects on her celebrated career.

survive. “It started a drive in
me to represent the poor, as I
am the poor,” she said.
During adolescence and ear-
ly adulthood, Mother Pratt pur-

AAS

Flight





EAC

sued sports in a way to not only
excel but also impact others,
and played volleyball, basket-
ball and softball, competing
locally and on the international
level.

Mother Pratt entered
Princess Margaret’s School of
Nursing in 1960, was graduated
and spent the next 17 years in
the field.

“T always wanted to passion-
ately serve the people, I just
never thought it would lead me
into public service,” she said.

Moving into the educational
field, Mother Pratt concentrat-
ed on children from the heart of
the inner city and was able to
impact and touch the lives of
many.

She described her life as one
of giving and stressed how
important it was for her to
make a difference to people
around her.

Driven to further her acade-
mic career, Mother Pratt
enrolled at St Augustine Col-
lege in Raleigh, North Carolina
where she received a Bachelor
of Arts degree, majoring in
health and education with a
minor in sociology. In Febru-
ary, 1995 she was awarded an
honorary doctorate degree
from the university.

For more than 20 years,
Mother Pratt-
single-handedly secured schol-
arships for numerous Bahami-
ans at her alma mater, giving
inner city youths an opportu-
nity that changed their lives.

ONE

Sa ea
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“I hope people remember me as a
person of humility. No matter what
my position, I remained in touch with
my people and served to the best of
my ability. I hope I am remembered
as one who loved God and was des-
tined to bring about change for the bet-

ter.”



Speaking affectionately
about the youths of the St
Cecilia community, where she
lives and which she represented
in parliament, Mother Pratt
said: “I want to be able to say
that I made a difference in the
life of my people. I never saw
myself as a politician, I still
don’t.”

“Mother” said that when she
was first approached by the late
Sir Lynden Pindling to run as a
candidate for St Cecilia, she was
very apprehensive.

“That’s why we need you,”
was the former PM’s reply
when she expressed her fears.
“Tt’s because you are not a
politician — think about how
many of the masses you can
help.”

She was first elected in
March 1997, re-elected in the
general election of 2002 and
was appointed the first female
deputy prime minister and min-
ister of national security in the
same year.

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TPVRSLY | RFS?

Mother Pratt explained that
she has not achieved everything
she wanted, but has certainly
made an impact.

“T hope people remember
me as a person of humility. No
matter what my position, I
remained in touch with my peo-
ple and served to the best of
my ability. I hope I am remem-
bered as one who loved God
and was destined to bring about
change for the better.

“My thought was, if we
address inner city issues, other
problems will be eliminated.

“Tt is my hope that our coun-
try sees the need to use people
for their views and not political
persuasions. People need to
care about the country and not
get caught up in the politics.”

When asked about her
proudest moments, Mother
Pratt listed the United Nations
Humanitarian award she
received in 2004 and her induc-
tion into the Bahamian Hall of
fame in October of last year.



With the end of her political
career approaching, Mother
Pratt wanted to thank the many
who have assisted her over the
years, and the sponsors with-
out whom all her community
projects, building repairs and
assistance programmes would
not have been possible.

She said she especially want-
ed to thank former prime min-
ister Perry Christie for allow-
ing her to serve in his govern-
ment.

She said: “Perry Christie had
the confidence in me, granting
me the opportunity to serve. I
thank him from the bottom of
my heart for permitting me to
be a part of his Cabinet and his
deputy.”

Recently ordained as a Pas-
tor, “Mother” intends to con-
tinue serving the community
through the church, primarily
focusing on at-risk youths.

She said: “I will still serve in
some capacity but I will no
longer be on the front-line of
politics — I want to continue
being a voice for the poor; that
voice will never die”

“T was involved with the
community long before I
entered politics and that’s what
I am going back to, it is where
my heart is.”

Mother Pratt will also be
launching her autobiography,
No Equal to God’s Chosen: A
leader’s rise from poverty to des-
tiny,’ in the early part of this
year.

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