N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Volume: 107 No.158THURSDAY, JUNE 2, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER CLOUDS, SUN, T-STORM HIGH 87F LOW 79F By NOELLE NICOLLS T ribune Staff Reporter firstname.lastname@example.org E DUCATION officials are c alling for a system-wide review on the purchase of interactive whiteboards by s chool administrators, as they suspect the initiative in its present form may be a hugew aste of money. One official said schools are on a Promethean board spending spree. They are shelling out tens of thousands of dollars to keep up with the technology trend without ensuring they get the benefits, said the source. In many instances, the equipment is catching dust inside school classrooms. The reasons for this are plenty. In s ome instances the computers connected to the boards are not connected to the Internet, or are not working at all. Teachers fight over the classrooms. In one school for example, there is one boardf or the year one group, but the teacher who has it in her classroom does not want tos hare it. Private schools can put the boards in a room where teachers can book the room, but in the government schools they have space TRY OUR McFLURRY SNICKERS The Tribune THEPEOPLESPAPER BIGGESTANDBEST LATESTNEWSONWWW.TRIBUNE242.COM Thousands wasted in spending spr ee Interactive equipment catching dust inside many classrooms DEPARTMENT OF EDUCATION SPECIAL REPORT YOURSOURCEFOROBITUARIES N N O O B B O O D D Y Y B B U U T T N N O O B B O O D D Y Y B B E E A A T T S S T T H H E E T T R R I I B B U U N N E E I I N N S S I I D D E E T T O O D D A A Y Y C C A A R R S S ! C C A A R R S S ! C C A A R R S S ! L L O O A A D D S S O O F F J J O O B B S S A A N N D D H H E E L L P P W W A A N N T T E E D D ! T T H H E E T T R R I I B B U U N N E E S S C C L L A A S S S S I I F F I I E E D D S S T T R R A A D D E E R R SEE page eight PLEASE N O TE THAT, DUETOTHE LABOUR DAY HOLIDAY, THE TRIBUNE WILL RETURN TO NEWSSTANDS ON MONDAY JUNE 6TH By NATARIO McKENZIE Tribune Staff Reporter nmckenzie@ tribunemedia.net THE new Magistrates Court complex on South Street is substantially completed and is expected to be operational by late September, Attorney General John Delaney said yesterday. Construction of the modern, 12-court complex began in 2005. In 2008, Adler Construction was awarded a $6.4 million contract to complete the job. The new complex will include a high-security sys tem, including metal scan ners at its entrance. It will also have separate elevators for the public and magistrates. The three-storey build ing will be equipped with a separate entrance for prisoners, and male and female holding cells. While touring the complex with reporters yesterday, Mr Delaney noted that the government had acquired a number of parcels of land in the South Street area, which will be turned into parking lots. Weve done an extensive amount of compulsory acquisition. There are a few properties where persons will stay. The govern ment has made the deci sion that the acquisitions are adequate, Mr SEE page eight By CELESTE NIXON Tribune Staff Reporter email@example.com A DEVELOPER has criticised the governments plan to give land to the Mackey Yard squatters after their shanty town burned down in December last year. Arawak Homes chairman Franklyn Wilson said an issue as important as the distribution of land should be a topic of national discussion, as it has profound implications for pub PL ANS TO GIVE LAND TO MACKEY YARD SQUATTERS CRITICISED SEE page 10 B y AVA TURNQUEST T ribune Staff Reporter firstname.lastname@example.org UNEMPLOYED Bahamians are unwilling to take on menial jobs from otherB ahamians as this type of labour is deemed subservient, according to Minister of Foreign Affairs and Immigration Brent Symonette. Poor work ethic was said to b e at the centre of complaints which according to Mr Symonette have bombard-e d the Department of Immig ration and fuelled the appeal for foreign labour. Mr Symonette said: The SEE page nine UNEMPLOYED BAHAMIANS UNWILLING TO DO MENIAL JOBS NEW MA GISTRATES COURT COMPLEX SET TO BE OPERATIONAL BY SEPTEMBER COURT COMPLEX: Project manager Archie Minus shows Attorney General John Delaney and Permanent Secretary Archie Nairn the new holding cells at the complex. A YOUNG MANwas shot in the back at the corner of Armbrister and Reeve Streets, Fox Hill, about 9 oclock last night. The police had no information at the time, but persons in the area know the victim as Tiny Ramsey, a resident of Freedom Park. They say he was alive when the ambulance took him to hospital. MAN T AKEN TO HOSPITAL AFTER SHOOTING SEE page 10 F e l i p M a j o r / T r i b u n e s t a f f
THE CARIBBEAN Basin Security Initiative is a partnership between the US Government and Caribbean to develop and advance a joint regional citizen safety strategy reinforcing efforts already underway to s ecure the region from criminal threats. LOCAL NEWS PAGE 2, THURSDAY, JUNE 2, 2011 THE TRIBUNE COMMISSIONER of Police Ellison Greenslade greets Commodore Roderick Bowe yesterday at the opening of the Caribbean Basin Security Initiative at the Sheraton Nassau Beach resort. CARIBBEAN BASIN SECURITY INITIATIVE UNDERWAY MEMBERS o f the Bahamian Police andD efence Force turn out yesterday at the opening of the Caribbean Basin Security Initiative at the Sheraton Nassau Beach. F e l i p M a j o r / T r i b u n e s t a f f USAMBASSADOR Nicole Avant speaks at the opening ceremony yesterday.
B y LAMECH JOHNSON N EARLY 3,000 lionfish were caught during a fishing tournament in Central Abaco last weekend. The second annual Central A baco LionFish Derby, hosted by the Friends of the Envi r onment, saw participants f rom Florida and local residents take to the water. Kristin Williams, executive d irector of the organisation, said the non-native IndoPacific species has no preda tor in the Atlantic and is wreaking havoc on our reefs by reproducing and feeding on important, native species." Our objective is to raise awareness and help control local lionfish populations byh olding competitions to cap t ure lionfish and put them on the menu. They are delicious to eat and we must becomet heir predator, she said. Sixteen boats left the Marsh Harbour Marina dock on Sat u rday morning in search of the invasive creature. "Bart Bethel's team arrived first at the weigh-in station w ith 55 lionfish and as boats continued to arrive, an air of friendly competition ensued, Mrs Williams said. Volunteers from Florida International University assisted in counting coolers o f the catch with competitors looking on in anticipation, while staff at Marsh Harbour Exporters and Importers fil leted the fish after they were counted. "Once all boats checked in the results were tallied arriv ing at an unprecedented num ber of lionfish 2,957 in total, Mrs Williams said. T he first place and $2,000 cash prize winner was the Lil B ig Fish group, which caught 622 lionfish. Grouper Lips caught 100 less for second place and $1,000. Kiki caught 514 for t hird and won $500. The smallest fish caught m easured a little more than t wo inches while the largest nearly 16 inches. Additional prizes were given for thesec atches. Thank Mrs Williams said her organisation wishes to thank M arsh Harbour Exporters and Importers, the Bahamas Marine Exporters Associa t ion, The Jib Room, Dr Craig Layman of the Department of Marine Resources, and all the participants and volun t eers for their support. Friends of the Environment is a organisation created to p reserve Abacos marine and terrestrial habitats in order to achieve sustainable livingf or the wildlife and citizens of A baco. Lionfish have been found in Bahamian waters for almost a decade and pose a t hreat to the Bahamas because of their appetite for snappers and groupers, which a re an integral part of the fish ing industry. Its ability to deliver a p ainful and venomous sting f rom a number of dorsal and ventral spines makes it dan gerous. I n humans, it can cause a n umber of symptoms, includ ing nausea, convulsions, paral ysis and even death. It has the ability to inject a neurotoxin into an open wound that results in an intense pain that l asts for days. LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 3 THE Directors of the Bahamas National Childrens Choir remind the public that the 20th Anniversary Concert, scheduled for Sunday, June 5th, will now be held at 5pm at The National Performing Arts Centre, instead of the Rain Forest Theatre. T he concert will be a send off for the children a s they embark on their a nnual international conc ert tour this year in New York City. Nearly 3,000 lionfish caught in fishing tournament ELEUTHERA police h ave recovered two f irearms and various pieces of ammunition. A ccording to reports, officers were tipped off to a bushy area between Cape E leuthera and Deep Creek. T wo shotguns, a large quantity of shotgun shells, and two magazines for high powered weapons were f ound around 6pm when the area was searched. P olice investigations continue. Two firearms and ammo recovered POLICE are on the hunt for a gunman who stormed into a medical clinic on East Street South and robbed the facility of an undisclosed amount of cash. The thug burst into the clinic shortly after 2 pm, pulled o ut a gun and demanded cash from employees, police said. The culprit, who wore a b lack shirt and blue jeans, fled the area in an unknown direction after making off with m oney. Police are appealing to members of the public whom ight have information on this robbery to contact them at 911 919 502-9991 5029 910 o r 3 28-TIPS Police arrest 10 in joint operation T EN people were arrested in seven hours during a special joint operation in south-e rn New Providence. O fficers of the Southern and Grove Police Stations p atrolled the capital's streets b etween 4 pm and 11 pm Tuesday and executed a num ber of search warrants. The suspected criminals were taken into custody for alleged offences ranging from assault, armed robbery, t hreats of death and possession of dangerous drugs. Some suspects were arrested for disobeying a court o rder or having outstanding arrest warrants. Police said the arrests are m eant to send a "a clear message to persons engaged inc riminal activities, that you w ill be caught." Police crackdown on traffic offences POLICE cited 504 drivers w ith infractions within the past week in their continued crackdown on traffic law violators. The Royal Bahamas Police Force also reported that it had filed 596 matters before traffic court in the past few days. D rivers were cited for: Fail ure to stop at a red traffic light; unlicensed and unin spected vehicles; failure to keep left; failure to notify c hange of ownership; driving w ith tinted windows. Police tip POLICE warned the public t hat, according to section 223 of The Penal Code, Chapter 84, whoever cruelly beats, illtreats, starves, overrides, overdrives, overloads, abuses, tor tures or otherwise maltreats an animal whether wild or domesticated, four-footed ornot shall be guilty of an offence and liable to a fine of $150 or to imprisonment for three months. Additionally, anyone who loiters, carouses or the like in or about any shop, in any public place, and does not quietly move away when requested to do so by any peace officer or by the owner of the shop or his agent shall be liable to a penalty of $150, according to section 212 sub section nine of The Penal Code, Chapter 84. Gunman robs medical clinic By CELESTE NIXON T ribune Staff Reporter email@example.com THE PLPs treasurer and long-time member has quit the party after being r ejected as a candidate in the next general election. In a press conference in Rawson S quare yesterday held for symbolic reasons in front of the bust of his grandfather, Sir Milo Butler Craig Butler announced his resignation as treasurer and member of the Progressive Liberal P arty, saying he as become disillusioned with the party. After a period of prayer, deep reflect ion and contemplation, I have reached the end of my journey and today I sever all ties with the PLP, said Mr Butler. He added that the PLP is not the o rganisation for which Milo Butler so p roudly and diligently fought. This comes after the party leadership made it clear that Mr Butler would not b e an active participant in front-line politics, he said, adding that he had to leave to pursue his dreams. Participant He said: I wish to no longer be a spectator but an active participant in helping t o formulate policies and solutions for our nations challenges, its growth and development, a Bahamas that would allow all future generations to fulfil their dreams and aspirations. In an earlier interview with TheTribune, Mr Butler said he had been i nformed by PLP executives that runn ing him as a candidate in this election would be too much of an "embarrassment" for the PLP because of his historyo f drug use a problem that he overcame nearly 10 years ago. In his resignat ion statement, Mr Butler said his character has been shaped by a life filled withl essons and while he has had setbacks, t hese lessons have made him into the p erson he is today. He said: I possess an indomitable spirit that has afforded me the opportunity to understand and appreciate the struggles of the downtrodden and the marginalised. With his sister, FNM MP and Cabinet Minister Loretta Butler-Turner by his s ide, Mr Butler said his family supports h im fully in his decision to part ways with t he PLP. Speaking of his future, Mr Butler said he has not been in discussions with the FNM or any third party and is still in decision mode, but is open to all possibilities and plans to continue his politi cal career. PLP treasurer resigns A man was arrested after Western Division officers found him with goods suspected to have been stolen. Police received informa tion around 8 am Tuesday and went to the Sea Beach Estates area where they saw the suspect, who wore a tam, acting suspiciously. Quick responding officers searched the man and founda television remote control. The officers, acting on information, went to a bushy area off West Bay Street where they uncovered a flat screen television, suspected of being stolen. The 39-year-old man was taken into custody and active police investigations continue. W ester n Division officers nab suspect crime BRIEFS Craig Butler quits party after being rejected as candidate Anniversary Concert to be held at 5pm at arts centre In brief INVASIVE: Lionfish have been found in Bahamian waters for almost a decade.
EDITOR, The Tribune. An interesting column appeared in an Internet daily questioning whether Prime Minister Hubert A Ingraham is a threat to the nationals ecurity of The Bahamas. The c olumn was written by Nicki K elly. She expressed her concerns about the Hon Hubert A I ngraham allowing himself to b e questioned by an American embassy official named B rian Bachman. This interv iew of Mr Ingraham by Mr Bachman occurred in 2003. At the time of the interview, Mr Ingraham was just a regul ar MP for the Opposition p arty, the FNM. Senator T ommy Turnquest was the leader of the FNM. Nicki Kelly was writing a bout the Wikileaks cable exchanges that another prominent daily had obtainedf rom the whistleblowingorganisation. North Abaco MP Hubert Ingraham expressed his views on the t hen Prime Minister of The B ahamas, the Hon Perry G Christie and Montagu MP, t he Hon Brent Symonette. According to Miss Kelly, Mr Ingraham had also given con fidential information about h is party and the Bahamian government to the American emissary. Now there are Bahamians who are very upset with the PM. A ccording to them, Mr I ngraham is clearly a traitor, a Bahamian Benedict Arnold. Miss Kelly also stated in heri nsightful column that B ahamians should be wary of any person who is that intimate with a foreign nation. In most countries, says Miss Kel ly, a person would be consid ered a threat to their nations n ational security if they had done what Mr Ingraham did. However, the question remains: What did Mr Ingra ham do that was a threat to our national security? Nevertheless, I am perplexed as to the reason why the mighty United States is so interested in Bahamian politics. W ith an economy that is now teetering on the brink of collapsing, and an emerging communist China breathing down hard on its neck, you would think that America would have more pressing i ssues to address. Financial analysts are already predicting that China will be the num-b er one world super-power by the year 2016, yet the United States is busy poking its nose in this nations business. I wonder why the US gov e rnment is so obsessed with the politics of a small develo ping Caribbean country like The Bahamas. Our economy cannot even begin to compete with the economy of the State of Florida, let alone with the e conomy of the entire US. M oreover, I am still trying to f igure out how Mr Ingrahams interview with the American official was a threat to TheB ahamas national security. While I enjoy reading MissK ellys insightful columns, I t hink she might be over-reacti ng in this case. I dont think that Mr Ingraham was jeopardising our n ational security. It was not like Mr Ingraham was giving Mr Bachman information on how to con s truct a sophisticated nuclear bomb. Mr Ingraham simply gave t o the American official inform ation that most Bahamians, who either watch ZNS TV N ews or read the dailies, already knew. How is telling the Ameri can official that Mr Christie i s the right man for the PLP a threat to our national security? In addition to the Ingraham interview with the American official, the daily which hadp ublished the Wikileaks cable e xchanges also revealed a very interesting comment that the then leader of the nowd issolved BDM party, Mr C assius Stuart, made to another US official in 2009. According to the daily, Mr Stuart compared PM Ingraham to Zimbabwean Presi dent, Robert Mugabe. As far as Mr Stuart was concerned, M r Ingraham was just like the African dictator. If the Wikileaks cable exchanges are accurate, then the former BDM leader owes the Prime Minister an apolo gy. The difference between Mr Ingraham and President Mugabe is like the difference between night and day. Mugabe is a thief and a ruthless murderer. Mugabe controls virtually everything in his country, including the media. Nobody is allowed too penly disagree with Presid ent Mugabe. H ad PM Ingraham been like Robert Mugabe, everyone of the opposition candid ates would either be dead, i n exile or rotting away in Fox Hill Prison. To the best of my k nowledge, I know of no p olitical opponent of PM Ingrahams who has been imprisoned, exiled or murdered by him or any of his l oyal supporters. I n addition, Mugabes c ountry was at one time the most prosperous country in southern African. Zimbabwe a t one time was capable of feeding the entire continent of Africa. Their agriculturei ndustry was second to none. However, President Mugabe, after sensing that his political support was rapidly eroding, b ecause of the lack of jobs, b egan to implement his Marxist policy. M ugabe began confiscating the properties of thousands of white Zimbabwean farm ers. He then gave them to his l oyal goons. However, they were not able to successfully cultivate the lands the Zim babwean government had giv en to them. This in turn caused a drastic shortfall inf ood production. Today, mill ions of Zimbabweans are liv ing in abject poverty as a result of Mugabes commu n istic policy. Mugabe had a ttempted to transfer the wealth of the white Zimbabweans to his black base. It backfired. The Zimbabwean dollar is now virtually worth less. It isn't worth the paper it i s printed on. Mugabe brought his nation to its knees. Surely Mr Stuart knows the kind of man Robert Mugabe is. Therefore it was simply unconscionable that he would even compare PM Ingraham to Robert Mugabe. Mr Stuart owes PM Ingraham an a pology. The political rhetoric that Mr Ingraham is a dictator has gone too far. It has to stop! KEVIN EVANS Freeport, Grand Bahama, May 28, 2011. EDITORIAL/LETTERS TO THE EDITOR PAGE 4, THURSDAY, JUNE 2, 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 S witchboard (News, Circulation and Advertising) 322-1986 A dvertising Manager (242 C irculation Department (242 N assau Fax: (242 F reeport, Grand Bahama: 1-(242 W EBSITE w ww.tribune242.com updated daily at 2pm IN THE House of Assembly on Tuesday Fox Hill MP Fred Mitchell held forth as though he were an authority on journalistic ethics. At one time in his life he fancied himself a s a journalist. Those of us properly trained in the profession considered him a scribbler of propaganda. We never took him seriously. Obviously upset by the Wikileak publication of confidential US embassy cables on Bahamian political affairs especially those pertaining to himself Mr Mitchell decided to take out his venom against the reporter w ho gave an accurate, objective report that quoted but did not interpret the content of those cables. In a 2005 cable former US Ambassador John Rood saw two Fred Mitchells the polite and polished public Mitchell and the more private, but more revealing Mitchell. We have often seen a third side petulant, petty and vindictive and this is the sidet hat Fred Mitchell exposed in the House on Tuesday. Upset by the reports, he turned his venom on the Guardian reporter. I always envied my colleague, the Member for North Andros, that former lady friend of his who shall remain nameless who works at the Guardian and wrote that whole section about me, he told the House. Thatg al look good! My only point is that journalism, the kind that The Nassau Guardian, The Tri bune and The Bahamas Journal are to prac tice carried with it certain ethical standards and it is unethical to write a story about one subject of which you had a close personal relationship as if you are a disinterested party. It can be seen as malicious. But neithers he nor her employers seem to get the point, he said. What rubbish is the man talking? Here he is complaining about an article that the reporter wrote about him. Is he referring to that article and the subject of that article when he complains that it was unethical of the reporter to write on a subject of which she had a close personal relations hip as if she were a disinterested party? Knowing Fred Mitchell we are satisfied that she had no personal relationship with him. So who is the subject to whom he refers and how is that subject relevant to the article of which he complains? The fact that this reporter can write on a subject in which Mr Mitchell claims she has a personal interest as though she were disinterested shows that she is a good objective reporter, who does not let personal relationships cloud her judgment. This is more than can be said about the writing of Mr M itchell on his Bahamas uncensored website about which Ambassador Rood had reason to complain to then prime minister Christie. Mr Rood was concerned about what he perceived as Mr Mitchells anti-American viewpoints. According to Mr Mitchell there is public fascination and revulsion at the disclosures. Revulsion that public officials would b e so open and callous with information they share with American diplomats. He condemned these Bahamians for spilling their guts to junior diplomats. He seems to forget that the assessment on himself of which he complains was made by the Ambassador himself no junior diplomat. But, talking about gut spilling, according to the diplomatic cables, we have MrM itchell expressing his frustrations with the level of efficiency of the Christie cabinet. In commenting on the practices of restrictions on cabinet debates in Commonwealth countries, Mr Mitchell intimated, the Christie cabinet of the Bahamas operates much less efficiently since any minister can intervene and express a view on any issue before the government. A t a meeting with Ambassador Rood in March 2007, Mr Mitchell expressed his frustration at the indecision in his own govern ment stemming from the pending elections. Mitchell cited the delay in signing the airport management contract and the delay in moving ahead with discussions on the Flight Information Region as two examples, the cable said. He noted that if the elections had been called in November and held in December, the government would either be out of pow er already or be finished with the elections and able to govern effectively. Now who is gut spilling? Here Mr Mitchell is caught spilling his guts on the very issue that today has many Bahamians concerned the indecision of the Christie administ ration. This obviously is going to be an issue in this election. In May, 2007 Bahamians cut this indecision short by dismissing the Christie government at the polls. It would be surprising if despite what Mr Mitchell now says they would vote in 2012 for a repeat performance. I dont think Ingraham was jeopardising our national security LETTERS l firstname.lastname@example.org Fred Mitchell and journalistic ethics EDITOR, The Tribune. I would appreciate if you would publish my response to Forrester Carrolls letter in Monday the 30th of May edition of the Freeport News, entitled Get the Facts First. I never thought I would see the day that Mr Carroll would do a Peter on me, by referring to me as one Kelly Burrows. Politics make strange bedfellows. I in no way tried to (denegrade Leader of the Opposition. The fact of the matter, Mr Carroll, he was late for the funeral. There is no defence for that, if as you say, Mr Obie Wilchcombe, a trusted lieutenant was asked to extend the leaders apologies to the family, that should have sufficed, or is it that the leader lacked full confidence in Wilchcombe extending an apology? He had to show up late, as is his custom, to an unscheduled event as you say. It would have been better if he did not show up, then, there would have been no discussion on Late Again. Mr Carroll, you need to recognise the fact in regards to your Leader being late again, and stop living in a state of denial in respect to your Leader. The perception in the publics domain is being proven to be true every time by your leader and his tardiness in being on time, and disrespecting the time of others. It would be interesting to know if he was on time for the funeral in Nassau? Mr Carroll, continue to defend the defenseless. KELLY D BURROWS Freeport, May 30, 2011. Stop living in a state of denial about your Leader, Mr. Carroll
B y NATARIO McKENZIE T ribune Staff Reporter n email@example.com A TTORNEY General John Delaney noted yesterday that manpower in his office is being stretched following the launch of sev-e ral new initiatives. Mr Delaney said he was p leased therefore, that there are allowances in the new budget for the hiring of m ore prosecutors. Right now we are s tretched with all these new initiatives. We still have the same manpower, but were d oing more things with the same number of prosecutors. Thats why Im very pleased that in this budget there are allowances for additional prosecutors to be e ngaged in the office of the A ttorney General. We very much need those, Mr Delaney said. A ccording to the AG, one such initiative, the decision to fast-track capital cases to the Supreme Court, bypass i ng a lengthy preliminary inquiry, has been working well. Our major effort is to r educe all avoidable delay, Mr Delaney said. What we are doing now is interven LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 5 .HHS$VNLQJHHNLQJ.QRFNLQJ AG SAYS NEW INITIATIVES STRETCHING MANPOWER AT OFFICE SEE page six PROJECT MANAGER Archie Minus shows Attorney General John Delaney the outside of the new court b uilding on Nassau Street.
WELCOME rain marked t he official start of the hur ricane season yesterday and a late start to the rainy season following an extraordi n arily dry winter. A slow-brewing tropical low pressure area, which brought torrential down-p ours in isolated showers to the islands, is likely to remain in the days ahead. Chief meteorologist Basil D ean said the organised storms will not pose any major threat of flooding and the rains are extremely wel c ome. The Department of Mete orology recorded 4.41 inches of rain between Decemb er 2010 and March this year, that is 4.04 inches less than the average rainfall of 8.45 inches during the winterm onths. M r Dean said the partly cloudy conditions and high winds out of the northeast,r eaching 15 to 20 knots, are expected to remain in the northwest and central Bahamas until Saturday andi solated showers can be expected. Meanwhile the southeast Bahamas can expect morew ind and cloud cover if and when the more organised storms in the south move northeast across Hispaniol a. However Mr Dean said the storm is not likely to threaten the islands withf looding or serious storm r isk. This signals the begin ning of the rainy season as w ell as the beginning of the hurricane season, Mr Dean said. As the rainy season s hould have kicked in sooner, it has been extremely dry, we have been under drought condi t ions, so the rain is very much welcome. And the grounds will be e xtremely dry so a lot of r oom for absorption which would stem any flooding concerns at this time. The hurricane season officially lasts from June 1 to November 30, and this year is expected to be highly active with 16 named storms p redicted nine of which are expected to reach hurricane intensity, with five likely to be category threes torms with wind speeds in e xcess of 110mph accord ing to predictions by Tropi cal storm expert Professor W illiam Gray and cited by Mr Dean. In a normal year, there are 10 tropical storms, sixo f which become hurricanes and two of which become major hurricanes, or attain winds that exceed1 10 mph. There were 19 named storms in 2010, ranked thet hird most active season on r ecord, with 12 of the storms reaching hurricane status and five forming into major hurricanes. For the latest weather reports log on to www.tri bune242.com. LOCAL NEWS PAGE 6, THURSDAY, JUNE 2, 2011 THE TRIBUNE 5HYLYDO 5HYLYDO Grants Town Wesley Methodist Church(Baillou Hill Rd & Chapel Street) P.O.Box CB-13046 The Holy Ghost Prayer-Line number is 326-7427(www.gtwesley.org)SUNDAY JUNE 3RD, 2011Theme: "Like Good Stewards of The Manifold Grace of God, Serve One Another With Whatever Gift Each of You Have Received."7:00 a.m.Rev.William Higgs/ Bro. Jamicko Forde 11:00 a.m. Rev. Carla Culmer/Bro. Jamicko Forde (HC7:00 p.m. Bro. Ernest Miller Sr./Board of Members-At-Large CENTRAL GOSPEL CHAPELCHRISTIE & DOWDESWELL STREETS Tel: 325-2921SUNDAY, JUNE 5TH, 2011 B ible Class: 9:45 a.m. Breaking of Bread Service: 10:45 a.m. Community Outreach: 11:30 a.m. Evening Service: 7:00 p.m. Midweek Service 7:30 p.m. (Wednesdays)11:30 a.m. & 7:00 p.m. SpeakerPastor Deanza Cunningham ing in those cases at the magistrates level by presenting a voluntary bill ofi ndictment. We are able to do that because we have our prosecutors getting involved at a very early stage, he said. According to Mr Delaney, some crimes committed this y ear have been scheduled f or trial this year a huge i mprovement on the sometimes three to four years this process has taken in the past. He described this as a breakthrough in an effort t o have cases dealt within a r easonable time. How quickly a matter can be brought to trial, Mr Delaney pointed out, has a direct influence on whether accused persons are grant-e d bail. The system must be at optimal efficiency. We are on track for achieving that now, Mr Delaney said. Rain marks start of the hurricane season AG:NEW INITIATIVES STRETCHING MANPOWER FROM page five ATTORNEY GENERAL John Delaney at the newc ourt building a nd cells yest erday along with project m anager A rchie Minus. F e l i p M a j o r / T r i b u n e s t a f f
TRAFFIC is flowing on t he two new lanes built on the west side of East Street s outh and work is progressi ng on junctions and e ntrances to businesses on the eastern side of this thor-o ughfare. The improvements to the E ast Street corridor also i nclude kerbing and street l ight columns necessary to i mprove the highway lighting system. "We have two new lanes b uilt on the west side of East Street South and traffic is f lowing on them. There is t wo-way traffic in each d irection with paving up to the junction of Soldier Road," said Charlene Coll ie, project engineer and p ublic relations representative for the New Providence R oad Improvement and Infrastructure Project. Sidewalks "Were now preparing to i nstall sidewalks on the east side. However, the sidewalk, kerbing and concrete bulkh eads are installed already o n the western side. Underground drainage infrastructure has been installed on both sides of the road b eneath the sidewalks," Ms Collie added. Proper road markings and signage will encourage safer m ovement of traffic on the r oadways. A median to be installed in the four lanes on East Street will help to con-t rol the movement of traff ic. T wo units have been assigned to ensure the work o n Soldier Road and nearby j unctions under the New Providence Road Improvement and Infrastructure proj ect is properly organised so t hat effects will be minimal to the motoring public. These junctions include B aillou Hill and Soldier R oads, East Street and Sold ier Road, Abundant Life and Soldier Road and P rince Charles and Soldier R oad. LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 7 OBTAINING business from the European market will be a significant aspect of any Bahamian based resorts strategy, said Sandals Royal Bahamian General Manager PatrickD rake. Mr Drakes comments came as Sandals Royal Bahamian Resort said good-bye to more than 100 guests from the E astern European country of Poland. The group spent five nights at Sandals Royal Bahamian Spa Resort and Off-Shore Island enjoying the facilities of the resort but still making time to explore the island of New Providence and enjoy some water sports. Largest Most of the Polish guests travelled in a group that was composed of executives and employees of the largest insurance company in Europe, Aviva, which is also the sixth largest insurance company in the world. The arrival of corporate groups such as this to the resort is particularly encouraging because when the global economic downturn hit, cooperate travel was the first type business to leave the tourism industry. Many of the Polish visitors were leaving the Bahamas to spend another week of vacation in New York. They told management that in hindsight they regretted the decision and wished they had chosen to spend their last week of holiday in the Bahamas instead. (Photo Letisha Henderson (BIS photo: Letisha Henderson EAST STREET IMPROVEMENTS: The photograph shows traffic flowing smoothly on newly paved road on the west side of East Street south. East Street south road improvements underway (BIS photo: Letisha Henderson E AST STREET SIDEWALK: N ew sidewalks shown here are among the improvements to East Street s outh. EUROPEAN MARKET SEEN AS TARGET FOR BAHAMIAN RESORTS The Polish flag
LOCAL NEWS PAGE 8, THURSDAY, JUNE 2, 2011 THE TRIBUNE issues. So they have been buying them, but they are not being utilised, said a teacher,f amiliar with the dilemma. Other schools, one source said, have the opposite probl em they have shelled out m oney for several whiteb oards, but have no use for t hem. Ministry officials lost cont rol of the situation several y ears ago, after it was decided that each individual school s hould buy its own whiteboards. When the initiative was first launched, the ministry purchased the tools and distrib-u ted them to the schools. H owever, because of conc erns about how the allocated funds were being spent and following what one source described as a power struggle over which brand to use,i t was decided to delegate whiteboard purchasing to the individual schools. However, said sources, the move may have backfired as now there seems to be no r hyme or reason to how s chool funds are spent in this area. Interactive whiteboards put a modern spin on traditional blackboards. Using a com puter, projector and an interactive display, teachers can bring a multimedia instructional experience to the class-r oom, and move away from t raditional chalk and talk instruction. Promethean is one of several interactive whiteboard brands. Their competitorsi nclude SMART boards and Eno Boards. Promethean has the largest market share local-l y, according to T ribune sources. Lionel Sands, director of education, said he is aware of the complaints. He said the Department of Education (DOE because there have been many questions raised with respect to it. H e said he recognises the technology as a wonderful teaching learning tool, but h e is not tied to one brand. I understand why there seems to be this drive towards everybody getting a P romethean board because of what it does. But I am also familiar with the challenges,w here in some instances the a ccess from one class to another is limited, he said. The DOE is considering s etting up a central classroom, like a lab, where students would move to the classroomt o access the board. In order to make the system more standardised, Mr Sands said, the DOE could also determine the subject areas suitedb est for the use of the boards. If we (identify a subject area) then every school and every child in that subject area in the school would have access to it at some time ora nother, even if the child migrates to the place where the boards are set up. Wec ould organise that at the ministry, he said. School boards purchase the interactive whiteboards directly from their government allocated budgets and private sponsorship. Becauseo f this, Mr Sands said there have been no dictates on the use of the boards. C ollectively, over the past five years, the DOE has spent tens of thousands of dollars o n interactive white boards. T he DOE has not purchased any boards in two years, according to Mr Sands, b ecause of restrictive regula tions on the DOE budget with respect to the purchaseo f computer hardware. The D OE has made direct purchases in the past. However, the $11.8 million I nter-American Development Bank (IDB the purchase of boards,a ccording to T ribune s ources. D elaney said. There will be perimeter security provided to screen out the boundaries of those proper ties where persons are staying. There are only t wo parcels where persons are staying and have not been acquired. Mr Delaney also toured Ansbacher House a nd the Hansard building yesterday. Both are being renovated to house criminal trial courts. Two new modernised trial courts will be locat e d on the ground floor of Ansbacher House. T he project is expected to be completed by the end of the summer. Mr Delaney noted t hat having more criminal trial courts is impor tant to the processing of cases within a reasonable time. The whole idea behind having more crim i nal trial courts running concurrently is to speed up the processing of cases in the Supreme Court. By speeding up the timing of c ases going through the Supreme Court and indeed the Magistrates Court, you will at its very core attack the issues related to bail andt he issues related to the death penalty cases, Mr Delaney said. Renovations to the Hansard building, which will house a criminal trial court, will be com pleted by the end of this month. SEEPAGEFIVE Thousands of dollars wasted in spending spree FROM page one Ne w magistrates court complex set to be oper ational by September FROM page one
LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 9 Break away from the ordinary and discover how to experience life to the fullest. The Isuzu D-MAX is the ultimate multi-purpose pick-up truck which enables you to drive through tough roadsand load a variety of cargoes. It is specially designed to be powerful, stylish and highly functional. The Isuzu D-MAX is one toughvehicle that willnever let you down!T H E I S U Z U D M A XPOWERFUL COMFORTABLE VERSATILE T YREFLEX S T AR MO TORSCall us today for your new IsuzuD-MAX Pick-UpTruck at 325.4961Wulff Road, P.O. Box N 9123, Nassau, The Bahamas Fax: 323.4667 complaints we often hear include, Bahamians refuse to stay on jobs for any length of time; Bahamians are not cons istent workers; Bahamians w ork ethics are poor showing up to work late, leaving early. I wish to appeal to all B ahamians to give a days work for a days pay. I am not at all happy about giving work visas to non-Bahamians, but we must pull up our socks in the work field. Mr Symonette concluded t hat the high demand placed on the Department of Immigration (DOI caregivers and handymen is representative of an unwilli ngness by Bahamians to purs ue this type of labour. What is strange is that more Bahamians are pre pared to do this work in h otels and for private homes of wealthy expatriates, to a l esser degree. M r Symonette addressed w ork visa statistics during his contribution to the 2011/2012 Budget yesterday. T he DOI approved 1,714 work visa applications during the first three months of this y ear, 385 were denied and 50 w ere deferred. Oftentimes, the Board is criticised as approving toom any work permits/visas, said Mr Symonette. Very little is said by the D epartment, or the public for that matter, with respect to the number of permits refused b y the Immigration Board. Mr Symonette added: The Immigration Board onlya pproves applications in instances where no suitably qualified Bahamians can be f ound. P riority job areas approved for work visas included live-in help, handymen or labourers,m aids, caregivers, gardeners and chefs or cooks. Mr Symonette said: The f act of the matter is Bahamia ns are not willing or prepared to work in the home of other Bahamians as maids, c aregivers, and handymen. Bahamians see this as subservient. M eanwhile, Mr Symonette n oted that Bahamian work ers continued to dominate the b anking and hotel industries at all levels. Unemployed persons were u rged to register with the Ministry of Labour to ensure the data bank store by hisd epartment could compare with incoming job requests. This appeal is for all categ ories of occupation, includi ng persons returning home with certificates, degrees, vocational specialists, etc, hes aid. Although a Labour Certificate is issued by theD epartment of Labour, I w ould very much like to give closer attention to all those unemployed or on a waiting l ist for employment. The DOI is set to initiate the sole use of electronic iden-t ification (EID m onth. Approved applicants for immigration services such a s work visas, residence permits, homeowners cards, and spousal permits, will receive a m achine readable card about the same size of a drivers licence. Biometric data cana lso be stored on the card where applicable. More than 1,000 EIDs h ave already been issued as t he officials anticipate the paperless system will improve efficiency and eliminate fraud. The EID system manages the application and issuance process from the moment ana pplicant applies for a permit o r certificate until it is issued, Mr Symonette said. This allows for a more s ecured and systematic appli cation and issuance process. EID cards can be found in N ew Providence, Grand B ahama, Abaco and Exuma. The second phase will i nclude Eleuthera, Bimini and San Salvador. Unemployed unwilling to do menial jobs F ROM page one DEPUTY PRIME MINISTER and Minister of Foreign Affairs and Immigration Brent Symonette said: I wish to appeal to all Bahamians to give a days work for a days pay.
lic policy. Mr Wilson told The Tribune the existence of shanty towns throughout the country is an issue that has the potential to cause social unrest and therefore must be addressed. Earlier this week, during the budget debate in Parliament, Minister of Housing Kenneth Russell announced that a subdivision consisting of 250 lots will be constructed to replace the shanty town village known as Mackey Yard located on Fire Trail road that burnt down in December of last year. Hundreds of people, mostly squatters, were left homeless following the fire that nearly destroyed the entire shanty town. According to Mr Russell, the squatters, who are for the most part Bahamian citizens, will have first rights to claim land in the government subdivision while other Bahamians will be offered an opportunity to purchase property once they are qualified and meet the qualifications. The government has already come under fire for its plan from commentators who say it is unfair for squatters to be given land while other Bahamians have to manoeuvre through the proper channels and spend a large sums of money to become property owners. Mr Wilson said the problem is bigger than the 250 lots in question. He said: Shanty towns can have a debilitating affect on property value and before any decisions are made, it would be appropriate to have a national discussion and hold a public forum, as there are serious public policy issues involved. LOCAL NEWS PAGE 10, THURSDAY, JUNE 2, 2011 THE TRIBUNE A BULLDOZER clears the rubble that r emained after the fire destroyed more than 100 homes in Mackey Yard on Boxing Day. Plans to give land to Mackey Yard squatters criticised FROM page one According to an eyewitness a car passed the corner of Arm brister and Reeve opening fire on a group of boys about 15 of them who are always on that corner gambling. They must have had a hightech gun that sprayed bullets at the boys as the car went through the corner. As the car came back out more bullets were sprayed it was a constant rat-tat-tat sounded like 30 bullets were fired in quick succession it was rapid fire. Its a wonder more people were not hit. People were running all over the place. The eyewitness said there are always a group of boys on that corner, selling dope and gambling. The person commented that the police know about it, but do nothing. However, said the eyewit ness, if the police do run them, they come right back they dont check for the police. F ROM page one M AN TAKEN TO HOSPITAL A FTER SHOOTING
PINEWOOD residents had a ccess to ten lawyers for consultation, all free of charge, when the second legal fair was hosted in the constituency last Saturday. Member of Parliament for Pinewood Byran Woodside, who hosted the legal fair, called it a "rewarding and productive exercise". H e said the legal fair offered free legal consultation with qualified, competent, professional lawyers. "We have persons of many years called to the Bahamas Bar who have a wealth of knowledge and experience. For someone to pay to have consultation with s uch persons, they would pay an exorbitant amount of fees. So, to be provided with the free opportunity to get wise consul from these lawyers is a rewarding and productive exercise, he said. One Pinewood resident, who wished to be referred to only by his first name, Adrian, agreed t hat the legal fair was "very helpful. "The lawyers were very helpful and enlightened me on some things I didn't know, he said. This is good for the Pinewood community to help those who arenot able to seek legal advice elsew here. Another Pinewood resident, Donnamae Saunders, said Mr Woodside should consider hosting yet another fair this year, considering the myriad of legal issues that the community members have. Participating attorneys expressed their pleasure in assisting making the legal fair a reality. Attorney Abigail Farrington said her purpose for participating is to give back to the community. "Throughout my legal career there were individuals who helped me in attaining my goals to become an attorney, so I feel itis my civic duty to give back to persons in the community. This is my way of giving back to offer free legal advice whenever I can." "Bahamians contend with many legal issues today. One of the main issues they need help with is land law, but because of the complexity of our land situa tion, many people don't understand land law and many Bahamians need assistance with this. One of the first things you should do when you want to purchase a piece of property is to ensure the purchaser and property have good marketable title. An attorney assures that you acquire a good title, she said. Charanda Humes, another attorney, said she was glad to assist people in the community who might not have sufficient funds to go to a law firm. "The most prevalent legal problem is in the criminal justice system," she said. "We have a (overload get through the courts and get adjudicated better. Crime on the whole is a mess and we need to put measures in place to assist the judges ad other legal staff to push to get the crime situation sorted out." Divorce and separation issues are also prevalent in the community, according to attorney Antonia Saunders, who said she was glad to assist Mr Woodside in his quest to assist Pinewood residents who may be in dire need of legal advice but could not afford an attorney. Her sentiments were shared by other attorneys such as Constance Delancy, Onan Lamour Williams and Charles Newbold. "It is a part of the promise I made to Pinewood that as their representative I would provide opportunities that would uplift them and serve to advance the Pinewood community," said Mr Woodside. "So in my role as the MP, it's not about giving people hand out, it's about truly uplifting them and giving them a hand up." LOCAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 11 Rates are valid for residents of the Caribbean only. 2-hour advance reservation required. Offer ends July 9,2011 and is subject to availability. 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GENEVA Associated Press A UNITED NATIONS p anel said Wednesday t hat Libyan government f orces have committed crimes against humanity and war crimes in a conflict it estimates has killed between 10,000-15,000 people. T he U.N. investigators said there is evidence thato pposition forces also c ommitted "some acts which would constitutew ar crimes." T he commission is not of the view that the violations committed by the opposition armed forces w ere part of any 'widespread or systematic attack' against a civilian p opulation such as to a mount to crimes against h umanity," it added. Interviews The three-member pane l based its finds on interviews with 350 people in government and rebelheld parts of Libya, as well as in refugee camps in neighboring countries. Their 92-page report a dds to evidence collecte d by prosecutors at the I nternational Criminal C ourt, who are seeking a rrest warrants for Moamm ar Gadhafi and two other senior officials it alleges are responsible. Ther eport was commissioned i n February by the U.N. Human Rights Council, which has no power tol aunch legal proceedings but can censure governm ents accused of committ ing abuses. T he U.N. panel said government forces committed murder, torture and sexual abuses "as part of a widespread or systematic attack against a civilian population" before and during the conflict. "Such acts fall within the meaning of 'crimes against humanity,'" it said. The panel also found "many serious violations of international humanit arian law committed by g overnment forces amounting to 'war crimes.'" The consistent pattern o f violations identified c reates an inference that t hey were carried out as a r esult of policy decisions b y Col. Gadhafi and mem b ers of his inner circle," it said. The panel's report also f ound that rebel forces committed "some acts w hich would constitute war crimes." M eanwhile, the panel s aid estimates of the number of people killed in the c onflict since February range from 10,000-15,000, c iting government officials, the opposition and non-governmental organiz ations. The panel also investig ated allegations that NATO airstrikes in Libya have caused large numbers of civilian casualties. The alliance has conduct e d thousands of airstrikes as part of its U.N. mandate to enforce a no-flyz one and protect civilians i n Libya. T he experts said they w ere unable to confirm Libyan government claims that 500 civilians have died in the airstrikes "The commission has not seen evidence to suggest that civilian areas have been intentionally targeted by NATO forces, nor that it has engaged in indiscriminate attacks on civilians," it said. The panel was led by Cherif Bassiouni, a professor of law at DePaul U niversity in Chicago. B assiouni, an Egyptian, was assisted by Jordanian jurist Asma Khader, and C anadian Philippe Kirsch, a former judge at the I nternational Criminal C ourt in The Hague, N etherlands. Regime That court's prosecutor, Luis Moreno-Campo, has p reviously said he has "strong evidence" of crimes against humanity c ommitted by Gadhafi's r egime. L ast month, MorenoCampo asked judges toi ssue arrest warrants for G adhafi, his son Seif alIslam Gadhafi and intelligence chief Abdullah alSanoussi, accusing them of committing crimes against humanity by targeting civilians in a crackdown a gainst rebels. T he U.N. experts called on both sides to conduct transparent and exhaus-t ive investigations and b ring those responsible for abuses to justice. 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(AP
INTERNATIONAL NEWS T HE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 13 LONDON Associated Press AMERICA'Snew cyber czar said Wednesday that international law and cooperation not another treaty was enough to tackle cybersecurity issues for now. Christopher Painter, coordinator for cyber issues for the State Department, declined to comment on a Wall Street Journal report suggesting that the Pentagon was considering a policy to classify some cyberattacks coming from another country as acts of war. He said most of the reports were basedon "things that are not released, haven't been released or haven't been discussed." He did, however, say that President Barack Obama's recent cybersecurity strategy covered a myriad of different aspects, ranging from international freedoms to governance issues and challenges facing the military. "We don't need a new treaty," he told The Associated Press as he arrived for an international cybersecurity summit in London. "We need a discussion around the norms that are in cyberspace, what the rules of the road are and we need to build a consensus around those topics." Hundreds of international delegates from governmentsand the private sector converged for the two-day conference to try to agree on the basics how to enforce cybersecurity regulations across borders, what to do about countries that don't want to be regulated, how to protect government and company data andwho will ultimately control cyberspace? Shawn Henry, executive assistant director of the FBI, said enforcing laws across borders was key in catching cybercriminals many of whom have the same goals. "You have crime syndicates or individuals looking to steal money, you have foreign government's looking to steal state secrets and you have terror groups looking for a way to cause disruptions," he told the AP. "Luckily, we've had quite a few successs recently." The FBI works with local law enforcement agencies in some 75 different countries, often embedding with local officers. Michael Rake of BT Group PLC, one of the world's largest telecommunications companies, warned that world powers are being drawn into a hightech arms race, with many already able to fight a war without firing a single shot. "I don't think personally it's an exaggeration to say now that basically you can bring a state to its knees without any military action whatsoever," Rake said. He said it was "critical to try to move toward some sort of cyber technology nonproliferation treaty." The suggestion drew a mixed response from cyberwarriors gathered in London for a conference on Internet security, although at least one academic praised it for highlighting the need to subject online interstate attacks to some kind of an international legal frame work. Cyberweapons and cyberwarfare have increasingly preoccupied policymakers as hacks and computer viruses grow in complexity. Recent high-profile attacks against Sony Corp. and Lockheed Martin Corp. have made h eadlines, while experts described last year's discovery of the super-sophisticated Stuxnet virus thought to have been aimed at sabotaging Iran's disputed nuclear programme as an illustration of the havoc that malicious programmes can wreak on infrastructure and industry. "You can close vital systems, energy systems, medical systems," Rake said. "The ability to have significant impact on a state is there." The threat grows every day. Natalya Kaspersky, co-founder of anti-virus software provider Kaspersky Lab ZAO, said Internet security firms were logging some 70,000 new malicious programmes every 24 hours. Shawn Henry, executive assistant director of the FBI, said that last year alone his agency arrested more than 200 cybercriminals. How to deal with that threat was the topic of the two-day summit organised by the EastWest Institute, an international think tank which gathered hundreds of law enforcement officials, business leaders, academics and security consultants for talks in the British capital. Rake's proposal for a non proliferation treaty lacked detail, but it was one of several calls for some kind of an international treaty governing cyberspace. Hamadoun Toure, head of the United Nations telecommunications agency, said that "we all know that the next war, if it was to take place, w ould take place in cyber space." Web summit considers cyber-nonproliferation pact W W e e d d o o n n t t n n e e e e d d a a n n e e w w t t r r e e a a t t y y . W W e e n n e e e e d d a a d d i i s s c c u u s s s s i i o o n n a a r r o o u u n n d d t t h h e e n n o o r r m m s s t t h h a a t t a a r r e e i i n n c c y y b b e e r r s s p p a a c c e e , w w h h a a t t t t h h e e r r u u l l e e s s o o f f t t h h e e r r o o a a d d a a r r e e a a n n d d w w e e n n e e e e d d t t o o b b u u i i l l d d a a c c o o n n s s e e n n s s u u s s a a r r o o u u n n d d t t h h o o s s e e t t o o p p i i c c s s . C hristopher Painter, coordinator for cyber issues for the US State Department
BEIRUT Associated Press THE SYRIANgovernment freed hundreds of political prisoners on W ednesday and promised t o investigate the death of a 13-year-old boy whose apparent torture and mutilation turned him into a symbol of the uprising calling for an end to President Basher Assad's r egime. I n its latest attempt to b lunt the 10-week revolt, the government also formed a committee to lay the groundwork for Syrians to discuss their political future. Wednesday's concess ions would have been u nimaginable only months ago, but protesters had already rejected the a mnesty as too little, too l ate. And the government announcements were coup led with a crackdown on t wo towns in Syria's center and south that killed a t least 33 people, including an 11-year-old girl shot dead by troops during a fierce shelling, activists said. R ami Abdul-Rahman, director of the Syrian O bservatory for Human R ights, told The Associated Press that more than 5 00 prisoners were freed, including some who took p art in the latest demonstrations marking the most serious challenge to t he Assad family's 40-year rule. Flashpoint C hildren have become a flashpoint issue in the uprising against the Syri-a n regime after video e merged of the mutilated and apparently tortured remains of the 13-year-old boy. To stem growing crit i cism, the government said Wednesday it had ordered an investigationi nto the death of Hamza al-Khatib, whose photo from happier times has become an emotionalt ouchstone and a Faceb ook profile photo for many protesters. Images of the child's b ody with what appeared t o be marks of torture and gunshots were shown on YouTube and Al-Jazeera TV. Al-Jazeera did not air the whole video, but a copy was posted by opposition on YouTube. Opposition groups blamed security forces for the boy's death. State-TV aired an interview late Tuesday with Dr. Akram Shaar, who examined al-Khatib's body. He said the cause of death was shooting, and three bullets had hit the boy's body. He added that what appeared to be bruises and signs of tor ture were the result of natural decomposition since the boy died on April 29. His body was handed over to his family on May 21, state TV said. The station also aired a recorded interview with al-Khatib's father who said he was received by Assad this week. The father added that the president considers "Hamza as his son and was touched" by the death. But the 11-year-old girl's killing, late Tuesday, seemed certain to inflame tensions. Rights groups say the dead since the u prising began include at l east 25 children. T he Local Coordination Committees in Syria, which helps organise and document the country's protests, said 25 people were shot dead on Tuesday in the central town of Rastan, which has seen a major military clampdown in recent days. In the south, Syrian troops shelled the town of Hirak with tanks and artillery, killing at least eight people on Tuesday and Wednesday, including 1 1-year-old Malak Munir a l-Qaddah, human rights activist Mustafa Osso s aid. Osso said scores of p eople were detained a fter government forces regained control of Hirak. T he government claims t he revolt is the work of I slamic extremists and armed gangs. O sso said earlier in the day prisoners to be freed would include MuslimB rotherhood members, as well as members of the K urdistan Workers' Party, or PKK, which has been fighting for autonom y from Turkey since 1984. S yrian state television on Tuesday said the amnesty covered "all m embers of political movements," including t he Muslim Brotherhood, which led an armed uprising against Assad's father in 1982. Membership in the party is punishable byd eath. T he amnesty could affect some 10,000 people who Syrian activists sayh ave been rounded up since the protests against the Assad regime broke out in mid-March. A lso Wednesday, staterun news agency, SANA, said Assad issued a presi dential decree forming a c ommittee whose job will be to prepare for a national dialogue. Ita dded that Assad told c ommittee members the dialogue was needed to overcome "political and social instability." V iews Assad said the national dialogue committee should set the stage for all sides in Syria to express their views on politics, economics and society in "what expands participation." Human Rights Watch said that the systematic killings and torture by Syrian security forces in Daraa since protests began strongly suggest that these qualify as crimes against humanity. In a report focusing on violations in Daraa province, the New Yorkbased rights group called for U.N. Security Council sanctions. It said 418 people have been killed in the Daraa province alone since the uprising began. "For more than two months now, Syrian security forces have been killing and torturing their own people with complete impunity," said Sarah Leah Whitson, Middle East director at Human Rights Watch. "They need to stop and if they don't, it is the Security Council's responsibility to make sure that the people responsible face jus tice." INTERNATIONAL NEWS PAGE 14, THURSDAY, JUNE 2, 2011 THE TRIBUNE SYRIAN PROTESTERS carry national flags as they demand that Syrian President Bashar Assad steps down during a sit-in near the Syrian Embassy in Amman, Jordan, Wednesday. A Syrian human rights official says the government has freed hundreds of political prisonerst oday, a day after issuing an amnesty. (AP SYRIAN GOVT FREES POLITICAL PRISONERS, PROMISES PROBE INTO TEENAGE BOYS DEATH
$4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission f rom the daily report.$ $5.59 $5.54 $5.67 THETRIBUNE SECTIONB firstname.lastname@example.orgTHURSDAY, JUNE 2, 2011 B y NEIL HARTNELL Tribune Business Editor A leading businessman yesterday warned there were powerful forces working against the productive sectors oft he Bahamian economy, pointing to the increasing tendency of commercial banks to focus on higher-yielding personal loans and satisfy consumer consumption desires. F ranklyn Wilson, chairman of housebuilder Arawak Homes and the Sunshine Group of Companies, told Tribune B usiness that a natural consequence of the banks focus on building consumer loan portfolios was the diversion of capital away from mortgages and credit to the private sector. A t the personal and household level, Mr Wilson said the POWERFUL FORCES WORKING AGAINST PRODUCTIVE SECTOR FRANKLYN WILSON Top businessman says bank focus on consumer loans w orking against national development, restricting mortgage and private sector credit Consumer credit explosion comes back to bite, with many disqualifying themselves from mortgages Arawak Homes still profitable despite its market shrinking S EE page 7B By NEIL HARTNELL Tribune Business Editor The Bahamas should have cause for great alarm because the Government is still running humungous deficits despite receiving $350 million in one-off rev enue windfalls during the 2010-2011 Budget year, a well-known businessman told Tribune Business yesterday. Franklyn Wilson, the Arawak Homes and Sunshine Holdings chairman, said there were clearly structural fault lines in the Governments finances that needed to be tackled, because despite the $230 million proceeds from the Bahamas Telecommunications Companys (BTC vatisation, and the $120 mil lion-plus received from the BORCO and Baha Mar transactions, the fiscal deficit was projected to be $130 million or 1.7 per cent of gross domestic product (GDP the 2010-2011 financial year. I look at this Budget, and how can we still be running these deficits after all these one-off revenue windfalls from BORCO, Baha Mar, Mr Wilson questioned. This must be a cause for great alarm, and after all this were going to be selling assets in future to give the proceeds away. Asked to explain the give away remarks, the businessman pointed to the higher salaries and promotions contained in this years Budget, and questioned how these moves could be viewed as sustainable and prudent. Despite these one-off windfalls, you still have this humungous deficit, Mr Wilson said. This country is in dire, serious need of some AUSE FOR GREAT ALARM ON HUMUNGOUS DEFICIT Sunshine chief questions why government still deep in red ink despite $350m in one-off revenue windfalls Urges Department of Statistics to regain private sector confidence in GDP estimates Questions whether $38.6m Bahamasair/Water Corp subsidies will aid national development SEE page 10B By NEIL HARTNELL Tribune Business Editor A leading banker yesterday described as startling the fact that the 3 per cent increase in loan delinquencies during April 2 011 outstripped the 0.4 per c ent growth rate for net lending excluding the Government, and warned: Theres no quick fix. Emphasising that he was not s peaking in relation to Bank of the Bahamas Internationals own situation, but commenting solely on the overall industry, Paul McWeeney, its managing director, warned that the $34.1 million growth in total loan arrears to $1.174 billion duringA pril possibly indicated that more borrowers were movingi nto default. Certainly, those numbers in A pril are a bit concerning all around, Mr McWeeney told Tribune Business of the data released by the Central Bank of the Bahamas yesterday. An easy way to look at it is the net rate of growth in totall oans, excluding government, was 0.4 per cent. The rate of i ncrease in delinquencies, loans 31 days past due and more, was about 3 per cent. Thats a startling figure to me, the Bank of the Bahamas International m anaging director added. Thats a broad indication right there that April was not a good month, and in all categ ories there was an increase, so it suggests more loans are movi ng into delinquent status. Still, Mr McWeeney told Tri b une Business that one-time snapshots and month-overmonth comparisons of the B ahamian commercial banking s ectors bad loan situation were somewhat unfair. He sugg ested that six-month or yearover-year comparisons gave a better picture, the latter showing that the rate of growth has slowed down in terms of delin-q uent accounts. The $34 million increase in loan arrears during April took the total delinquency percenta ge to 18.7 per cent, meaning that close to $19 out of every $100 lent by the Bahamian commercial banking sector wasi n default by that months end. T he Central Bank, in its analysis, said: With the stabili sation in the domestic econo my, private sector arrears have Loan arrears growth outstrips credit rise Leading banker says data here startling, a nd warns: Theres no quick fix April not a good month, and suggests more loans moving into delinquency Total loan arrears up $34m to $1.174bn at end-April SEE page 8B PAUL MCWEENEY By NEIL HARTNELL Tribune Business Editor T he Bahamian hotel industry is currently around 75-80 per cent of prerecession levels, Tribune Business was told yesterday, following an improved April showing where room HOTELS AT -80% OF PRERECESSION BUSINESS LEVEL S STUART BOWE Room revenues up 9.6% in April Occupancies grow 1.3% pts to 74%, with rates rising 7.4% to $292 SEE page 8B B y NEIL HARTNELL Tribune Business Editor Bahamian commercial banks collectively wrote-o ff $45 million in loans during the first four m onths of 2011, data published yesterday by the Central Bank of theB ahamas revealed, with industry loan loss provisions hitting $284.7 million. The Central Banks monthly report on eco-n omic developments for April showed that the commercial banks increasedl oan loss provisions by $11.3 million during that m onth, increasing their ratio to total credit arrears and non-performing loanst o 24.3 per cent and 42.1 per cent, respectively. T he banking industry write-off a further $12.7 million in delinquent loansd uring April, bringing this total to $45 million. Recoveries amounted to $3.4 mil lion, while in March the banking industry restruc-t ured $12.9 million in pri vate sector loans. Speaking on the industry, not his institution, Paul McWeeney, Bank of theB ahamas Internationals managing director, said the banks were obliged toc omply with international accounting standards in w riting off delinquent loans once they moved past a certain date. T his, he added, did not preclude the banks from recovering these sums or, indeed, the borrowers becoming current on theiro bligations once the econ omy and with it, employ ment and incomes improved. Once this hap pened, Bahamian commer cial banks would be able to write these provisions back into their income statements. With foreign exchange reserves standing at record highs of $1.134 billion at end-April, thanks to the receipt of the $210 million foreign currency proceeds from the Bahamas Telecommunications Companys (BTC privatisation, the Central Bank said the Bahamian economy maintained a stable to improving trend during the month. Indications are that positive developments in the key group business contributed to steady gains in tourism output, while a number of foreign invest ment-related and public sector projects under pinned activity in the con struction sector, the Central Bank said. Average prices for gaso line and diesel rose by 6.9 per cent and 9.8 per cent month-over-month during April, with year-over-year increases standing at 17.6 per cent and 35.3 per cent. This took gasoline and diesel prices to $5.28 and $5.06 per gallon respective ly. Despite the negative impact from rising com modity prices, especially oil and food, the Central Bank agreed with the Govern ments and International Banks write-off $45m in loans SEE page 5B
LOCAL NEWS PAGE 2B, THURSDAY, JUNE 2, 2011 THE TRIBUNE By DEIDRE M. BASTIAN W hen it comes to doing business in todays I nternet-savvy world, a good website design is essential, since it increases the chances of spinning site visits into increased sales and an enhance customer base. Just as a brick-and-mortar location requires an attractive storefront, your cyber business website should shout out as w ell. It is essential that in this arena saturated with billions of websites a business brand is represented effectively. Have you ever imagined what a website can do for your business, despite the fact that it may s eem like just one more strain on your budget? An online p resence and a well-designed website is now the central hubf or many companies. B y the same token, have you ever wondered why your busi-n ess site was never a success? For your online presence to r eally count, since it is the first point of contact for a potential c ustomer, an innovative design ensures it is memorable ande ncourages the viewer to e xplore beyond the home page. However, some websites are d esigned to offer products or services for sale. Before this h appens, ascertain the purpose of your site. Is the site meant toi mpart knowledge, for commercial purposes, entertainm ent, or just for information gathering? It do not make good business sense to fuel a site if there are no proceeds involved, does it? Nonetheless, if you h ave decided that your website is meant for commercial pur p oses, design it in a way in which you can provide infor m ation about your products and services. The next task is to make customer visits to your site trouble-free. Your e-commerce w ebsite should be user friendly and fast. Consider this; just as shoppers dislike long lines in t he bricks and mortar businesses, websites with a slow d ownload time have the same effect. If your potential customers are having a problem with your site tour and perfor-m ance, this will undermine y our business goals. Lets look at a few schools of thought to consider when designing a website for your business. Slow loading: Clearly, a website should be planned from stage to stage. Lets face it ify our page does not download r apidly, and visitors become confused while attempting to s urf, they might quickly move on to another more user-friendl y website. Likewise, surfers do not want to think when it comes to finding their way around websites, so reduce the weight of your pages and correctly size a nd optimise each image for web use. Keep your pages lean a nd fast for the visitor to move on quickly with interest. Irrelevant designs: Some sites are totally unbalanced in their layout and do not match the p age content, resulting in a complete misfit. Strive to give your pages a pleasing appearance, with just the necessary f acts, using design that relates to your subject matter. Have you ever stumbled across a restaurant website with a crocodile or football background? Or a nursery school website outfitted with an electronic appliance background? Friendly reading: Recognise that readers do not want too many details, so keep your text simple and use decorativew ords in the right context. Equally, your language shoulds pell clarity, consistency and coherence in content, style, s tructure and font. The pages should be easy on the eyes with a smooth flow, and simple to understand. Your website must provide a clear message with a goal-oriented direction, setting youa part from your competitors, with viewers answering the q uestion: What's in this for me? The reader must be able t o identify with your write-up and see you as his/her 'partner' for addressing his solutions. Spell check: Always spell c heck the text, keeping it free of grammatical errors. Do not c ram your web pages with decorative words that dont Make the web your business SEE page 11B THE ART OF GRAPHIX D EIDRE M.BASTIAN
By NEIL HARTNELL Tribune Business Editor The Governments fiscal deficit for the first nine months of its 2010-2011B udget year fell by 25.3 per c ent to $189.6 million yearover-year, as total revenue growth aided by the $120 million windfall from the B ORCO and Baha Mar deals outstripped the 1.1 per cent rise in total publics pending. T he Central Bank of the Bahamas, in its report on m onthly economic developments in April, said the G overnments total revenues for the nine months to end-March 2011 grew by 8.1 per cent or $77.2 million t o $1.028 billion. This was driven by an 18.9 p er cent rise, representing a $149 million increase, in tax r evenue as the BORCO sale led to an almost doubling o f non-trade stamp tax collections to $202.4 million. I nternational trade and t ransaction taxes rose by $15.5 million, departure taxes were up $26 million, and selective taxes on services ahead by $18.7 million. Import and Excise duties w ere up 4.09 per cent at $410.1 million, compared to$ 394 million the year before. However, non-tax receipts were off by 43.9 per cent or$ 71.8 million year-over-year, due to the fact that the previous years figures cont ained some $64 million in o ne-off income from Statoils purchase of South Riding Point. Higher The fiscal deficit cont ained in the Central Banks figures was higher than the projected $130 million, or1 .7 per cent projected GFS outturn for 2010-2011, that was contained in the Gove rnments Budget figures. However, the Central Bank data is likely to include some $76 million of debt redemp t ion, as the Governments total deficit is forecast to be $ 206 million (the GFS meas urement strips out debt principal redemption). On the spending side, for t he first nine months of the 2010-2011 fiscal year, total government spending was up 1.1 per cent or $13 mil-l ion at $1.218 billion. R ecurrent spending was up 3.3 per cent, as spending on the purchase of goods and services was up 18.5 per c ent. Capital spending advanced by 14.3 per cent,b uoyed by a three-fold rise i n asset acquisitions mainly for land while capital f ormation outlays grew by 2.8 per cent, the Central B ank said. Net lending to public corporations fell by one-half to $37.2 million. T he Central Bank said that while the one-off proc eeds from BORCO and Baha Mar, plus the B ahamas Telecommunications Company (BTC w ould reduce the 2010-2011 fiscal deficit considerably, i t added: Sustained i mprovement in the deficit and the national debt will depend on the deepening of e conomic growth impulses, as well as the success of measures aimed at enhanc-i ng revenues. BUSINESS THE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 3B Fiscal deficit declines 25% in year to March Bahamas Striping, the company formed this year with the help o f the Ministry of Youth's Self-Starter Program, held its official launch and reception on May 19. Bahamas Stripings president, Atario Mitchell, 24, was born in Abaco and received his first striping experience in Freeport under his uncle Cai Miller, who once performed all the road and carp ark marking for the Grand Bahama Port Authority. Wanting to start his own road striping and car park painting business, Mr Mitchell won a $5,000 grant from the Ministry of Youth, Sports & Culture to help purchase equipment for striping roads in thermoplastic and paint. H e says his company is now fully-equipped and compliant to the c ivil engineering standards required by the Ministry of Public W orks to stripe roads anywhere in the Bahamas. The company i mported an expert striper from the UK to train Bahamians, and to become fully-compliant for striping public roads. D eputy Prime Minister Brent Symonette encouraged Mr Mitchell to keep focused and go after the major civil works cont racts that are becoming available. Having subcontracted on big jobs such as The Lynden Pindling International Airport Phase I,a nd having completed several jobs for high-profile companies, M r Symonette said he was impressed with how far Bahamas Stripi ng had come in one years operations. I n his speech, Mr Mitchell said: "The Self Starter program is a success for many young people I am living proof of that. The Gove rnment gave me seed money back in February and they are still supporting me now ready to help where I need it. Both Minister Maynard and the Deputy Prime Minister have been very encouraging and accessible. They are very eager toe mpower Bahamian youth. We have firsthand experience of that." He added: "I'd like to publicly thank all those who have supp orted me with our companys first jobs: RND Plaza, New Providence Development Company, Mosko Realty, SuperValue, Lucky Food Stores, and Bahamas Hot Mix. Wed like to also thank Florida companies Ranger Construction and Better Barricades, who gave us the Phase I airport job on short notice. The private companies have been good to us but we need the big road jobs that have traditionally gone to foreigners. Now that w ere fully compliant for public roads, with the right equipment and an expert striping technician from the UK to train us, theres no n eed for foreign companies to come in here and take away our local jobs. "Now that we're proving ourselves as being technically pro ficient, we're expecting more jobs to come in from private sources and the Government. With some hard work, we should have a good future thanks to the Self Starter Program. SELF-STARTER SUCCESS TARGETS KEY ROAD JOBS OFFICIALLAUNCH: Minister Charles Mayard and Deputy Prime Minister Brent Symonette flank Atario Mitchell.
The Bahamas Financial Services Board (BFSBu pdating its brand for the sector, and is now seeking t he widest industry input to finalise the campaign. Design company, Karma B ahamas, was engaged and, together with BFSBs mark eting committee and input from a variety of stakeholders, a brand for BahamasF inancial Services with supporting communication tools has been developed for the industry. The BFSB has held sess ions with persons who provided input at an industry briefing session on May3 0th. Two more presentations are scheduled: an industry briefing on June 8a t the offices of BFSB, and a luncheon presentation on J une 15 at the Nassau Conference. We invite and encourage s takeholders to attend one of these presentations, said W endy Warren, BFSBs chief executive and executive director. Strategies Over the past 13 years, the BFSB has employed a num-b er of strategies to promote the financial services industry. These efforts have come under various banners from Charting Your Course to T he Bahamas. The Better Choice With the watershed event o f March 2009, when the OECD standard on transparency and tax information exchange became the internationally accepted stan-d ard, the Government and the BFSB published the S trategy Statement f or the sector. Continuing the consultat ion, and in an effort to promote increased investment i n the sector, a business plan was produced detailing jobs and revenue-generatingo pportunities, along with the requisite actions. These action steps ranged from training, improved competitiveness and infrastructuret o marketing. To support this renewed business thrust, the BFSBh as returned to the drawing board to develop an approp riate brand and creative campaign designed to secure both domestic support andi nternational interest in the Bahamas comparative a dvantage. BUSINESS PAGE 4B, THURSDAY, JUNE 2, 2011 THE TRIBUNE 7($&+,1*9$&$1&,(6 7HPSO&KULVWLD(OHPHQWDU6FKRRLQYLWH DSSOLFDWLRQIURTXDOLHWHDFKHUIRWKH VFKRRHDUIRU $UWHDFKH*UDGHf $SSOLFDQWVPXVW $RUDJDLQSUDFWLFLQJ &KULVWLDQ ZKRLV ZLOOLQJWRVXEVFULEHWRWKH 6WDWHPHQWRDLWKRI 7HPSOH&KULVWLDQFKRROV %DYHDQ$VVRFLDWHVDQGR %DFKHORUV'HJUHH LQ (GXFDWLRQ IURPDUHFRJQL]H &ROOHJH RU 8QLYHUVLW\ LQWKHDUHDRIVSHFLDOL]DWLRQ &DYDOL 7HDFKHUV&HUWLFDWH RU 'LSORPD 'HZLOOLQJWRFRQWULEXWHWRWKHVFKRROVH[WUD FXUULFXODUSURJUDP $SSOLFDWLRPXVEPDGLZULWLQZLWIXO &XUULFXOXP 9LWDH D UHFHQWFRORXUHGSKRWRJUDSKDQGWKUHHUHIHUHQFHV VKRXOGEHVHQWWR 7KHULQFLSD 7HPSOH&KULVWLDQFKRR &ROOLQV$YHQXH 32R[ 1DVVDXDKDPDV BFSB moves to finalise brand B RANDUPDATING: K arma Designs and some of the attendees of the May 30 Branding Industry Cons ultation. From left: Jan Knowles, Royal Bank of Canada; Justin Ritchie, Windermere Corporate Management; Brian Goudie, Karma Designs; Nicky Saddleton, Karma Designs; Venetia Gibson, the Bahamas Financial Services Board; Wendy Warren, the Bahamas Financial Services Board; Dave Smith, BAC Bahamas Bank; Kim Bodie, the Bahamas Institute of Financial Services.
DAVID K. RANDALL, A P Business Writers STAN CHOE,AP Business Writers NEW YORK Fears that the economy is stalling sent the Dow Jones i ndustrial average down 280 points Wednesday, erasing more than a quarter of the stock market's gains for the year. Treasury bond yields fellt o their lowest level since December as traders put ah igher value on safer investments. The Dow Jones indust rial average dropped 279.65 points, or 2.2 percent, to 12,290.14. It was the biggest point drop since June 4 of last year, and the largest percent-a ge drop since August. The S&P index lost 30.65, or 2.3 perc ent, to 1,314.55. The Nasdaq composite fell 66.11, or 2.3 per c ent, to 2,769.19. The yield on the benchmark 10-year Treasury note fell to 2.95 percent. Bond yields fall when prices rise. D oubts about the economy's strength that built in May werec ompounded by weaker-thanexpected reports on manufac t uring and jobs. The Institute for Supply Management's manufacturing index fell to 53.5 in May from 60.4 in April. A read ing of more than 50 indicates t he manufacturing industry is growing, but the index had b een as high as 61.4 in February. Private employers added just 38,000 jobs in May, down from 177,000 in April, accordi ng to payroll processor ADP. Analysts had expected 180,000 new jobs. It looks like this recovery has hit its second 'soft patch,' w hich for a recovery that is less than two years old is troubling," said Paul Ashworth, chief U.S. economist for Capital Econ omics. The manufacturing and jobs reports, plus a decline in automobile sales in May, led s everal economists to lower their expectations for the year. BUSINESS THE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 5B Lower premiums,low deductibles,generous benefits and a fast claims service for home and motor cover.Pick up the phone and ask NIBA for ag reat insurance deal.Tel.Nassau 677-6422/Freeport 352-6422 or visit www.nibaquote.com Open Saturdays10.00am2.00pm NASSAU INSURANCE BROKERS AND AGENTS LIMITED Atlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Suite 6,Jasmine Corporate Center,East Sunrise Highway P.O.Box F-42655,Freeport Tel.Nassau 677-6422 Freeport 352-6422 www.nibaquote.com ;\)TJIV[,ZQ^M %DQNLQJQDQFLQJDYDLODEOH Monetary Fund (IMF m ates that real gross domestic product (GDP in 2011 will be somewhat higher than last years 1 per cent expansion. A lthough inflation was expected to firm, the Central Bank said: Alongsidethe rebound in foreign investment-related cons truction activity, expectations are for an improvingt ourism performance, particularly in the high valuea dded stopover component of the market, where anecdotal information suggests steady gains in the keyg roup segment. As a consequence, employment conditions are anticipated to gradually improve, with the greatestn ear-term job opportunities a rising in the constructionrelated sectors and broadening over time. L iquidity and external reserves were expected to remain buoyant throughout 2011, supported by oneoff foreign currency inflows and real activity. Consumer spending, t hough, was likely to enjoy a mild recovery from two y ears of consistent declines. Banks write-off $45m in loans FROM page 1B n W ALLSTREET Fears of economic slowdown hammer stocks
THE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 7B 35($/,7,21,&(5HTXHVWIRU&RQWUDFWRUVUHXDOLFDWLRQ7KH%DKDPDV$JULFXOWXUDODQG,QGXVWULDO&RUSRUDWLRQ%$O&f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tEDQN UHIHUHQFHV $ ERQGLQJFDSDFLW\RIWKUHHKXQGUHGWKRXVDQGGROODUV%. ZLWKDQDPHG%RQGXUHW\ $ GRFXPHQWHG+HDOWKt6DIHW\URJUDPPHIRUWKHH[HFXWLRQRI &RQVWUXFWLRQ:RUNV $ YDOLG%XVLQHVV/LFHQVH 1DWLRQDO,QVXUDQFH&RPSOLDQFH &RQWUDFWRUVDUHDOVRH[SHFWHGWREHLQJRRGVWDQGLQJZLWKWKH UHOHYDQW*RYHUQPHQW$JHQFLHVQO\&RQWUDFWRUVWKDWDUHDEOHWR PHHW$// RIWKHDERYHPLQLPXPUHTXLUHPHQWVVKRXOGUHVSRQG 3UHTXDOLFDWLRQGRFXPHQWVPD\EHFROOHFWHGIURPWKH&RUSRUDWH 2IFHVRI%$,&(DVW%D\WUHHWDVVDX%DKDPDVIURPRQGD\ WKWR-XQHWK 3UHTXDOLFDWLRQGRFXPHQWVVKRXOGEHVLJQHGVHDOHGDQG UHWXUQHGWRWKH&RUSRUDWHIFHRI%$,&(DVW%D\WUHHWDVVDX WK consumer credit explosion of the past 20 years has come back to bite, with many Bahamians unable to qualify for mortgages or unable to meet existing obligations because personal loans accounted for 50 per cent or more of monthly income. As a result, numerous consumers were disqualifying themselves fromb eing able to access the m ortgage market and buy t heir own Piece of the R ock. D rawing on evidence to s upport his assertions, Mr W ilson pointed to BISX-liste d Fidelity Bank (Bahamas which had recently touted to Tribune Business that consumer loans now accounted for just over 30 per cent some one-third of its credit portfolio. This institution had traditionally been a mortgage lender only, Mr Wilson said, but was now more and more becoming a consumer lender as its management targeted higher interest rate, higher yielding credit to drive revenues and profits. The success of such a strategy was also on view in the shape of Commonwealth Bank, the acknowledged consumer/personall oan market leader, which was continuing to generater ecord quarterly and annual profits, the latter being int he $50 million-plus range. However, Mr Wilson said t here were adverse conse q uences for the homebuild i ng/construction and busi n ess community from this t hat were not immediately a pparent. As more and more insti tutions do that, isnt it total ly logical that there will be l ess funds for investing in productive activities anyt hing other than consumer debt? Mr Wilson asked. As long as people see its easy to make money with consumer loans, why would they want to lend to people to start a business, say at an interest rate of Bahamian Prime plus 1 per cent (6.5 per cent), when they could take the same money and g ive it to consumers at a rate o f 18-19 per cent? And you h ave a first lien on their s alary. T he well-known businessm an added: Theres this p owerful force which is working against the productive sectors in the country. None of this is development, and the Budget is basically oblivious to these realities. Lending Effectively, Mr Wilsons argument is that the i ncreased focus on consumer lending by Bahamas-based commercial banks is diverting much-needed debt capital away from long-term investments, such as buyinga home, and depriving the business community espec ially Bahamian-owned s mall and medium-sized e nterprises of credit vital to expansion and growth. The mix is further com plicated by the well-known tendency of many Bahamian h ouseholds to gorge themselves on consumer debt, and the ever-expanding gambling and numbers b usiness. N oting that any analysis of the Bahamian economys health was getting immensely complicated, Mr Wilson told Tribune Business: This explosion in consumer credit the country has been on for 20 yearsh as come home to bite. People today have no money. People, by and large, are broke. They dont have the money to put aside for savings and investments, let alone buying a home. Besides the explosion of consumer credit, Mr Wilson also identified the proliferation of gambling as having a significant impact on household income statements and balance sheets, especially on the expenses line item. N oting the impact this was having on demand for Arawak Homes housing products, Mr Wilson said: Housebuilding is being adversely affected by the diversion of funds from productive activities into social p urposes. As more and more people drive themselves into consumer debt, they are putting themselves further and further away from the mortgage market. Anyone driving personal debt up to 50 per cent of their income and renting, how are they going to get a home? Youre d isqualifying yourself. Mr Wilson told Tribune B usiness that despite the difficulties, Arawak Homes w as bucking the norm, its management team continuing to do all they can to continue as a profitable company through employing creative, innovatives trategies. A nd, while the companys market was shrinking due to the recession and pressures Mr Wilson had identif ied, Arawak Homes continues to be profitable. Powerful forces working against productive sector F ROM page 1B
BUSINESS PAGE 8B, THURSDAY, JUNE 2, 2011 THE TRIBUNE fluctuated within the region of $1.1 to $1.2 b illion since the beginning of 2011. In terms of the average age of delinquencies, arrears in the short-term 31-90 day segment advanced by $24 million or 5 .1 per cent to $497 million, elevating the c orresponding arrears ratio by 33 basis points to 7.9 per cent. Similarly, non-performing loans those in excess of 90 days and on which banks h ave ceased accruing interest grew by $10.1 million or 1.5 per cent to $677 million, with the attendant ratio higher by nine basis points at 10.8 per cent. M r McWeeney agreed that the Central Banks loan data was just a sound reflection of the Bahamian economys current condition. Increased unemployment and reduced incomes meant many borrowers were unable to meet their loan obligations, and the economy and, by extension, the banking sector would only recover when there w as sustainable improvement in those indicators. Warning Bahamian businesses and consumers to change our expectations, Mr McWeeney urged them to prepare for a slow recovery and not expect any dramatic improvements in the economy on a month-to-month basis. We have to adjust expectations. Its a slow process, and perhaps thats the best way, and the way it should be. Ensure the recoverys a solid one and not for some purpose thats not sustainable, Mr McWeeney said. Theres no quick fix to this. It cannot be a quick fix. That is not sustainable. It has to b e a solid, consistent pattern to get out of t his. Weve got to be steady as she goes. Mr McWeeney said commercial bank stress testing indicated it would be some 18-24 months before the sector started to see a tangible improvement in loan portfolio and asset quality. D eterioration A prils loan portfolio deterioration was concentrated in the shorter end of the arrears spectrum, the Central Bank said, meaning the 31-90 days past due category. Consumer loan delinquencies, standing at 23.6 per cent of total problem credit, rose by $17.1 million or 6.6 per cent to $227.1 million during April. There was a $14.3 million or 13.5 per cent rise in the 31-90 days past due category, and a $2.8 million or 1.8 per cent growth in the non-performing segment. M eanwhile, commercial loan arrears grew by $9.5 million or 3.6 per cent to $275.1 million, with credit 31-90 days past due and the non-performing variety growing by $4.6 million (6.6 per cent million (2.5 per cent Mortgage delinquencies increased by $ 7.5 million or 1.2 per cent to $621.9 million during April. This loan category accounts for 53 per cent of the $1.174 billion total arrears, and mortgage credit in the 31-90 day component grew by $5.1 million or 1.7 per cent, while non-performing loans increased by $ 2.4 million or 0.7 per cent. Bahamian dollar credit contracted by $96.8 million during April, compared to a$ 40.8 million increase a year earlier. This was caused by a reduction in the Governments short-term advances, which reduced the banks net claims on the a dministration by $111.7 million. Growth in claims on the private sector broadened to $16.6 million, from $0.4 mill ion, largely on account of a reversal in consumer credit to a net increase of $13.5 million from last years decrease of $5.2 m illion, the Central Bank said. A further $5.2 million was extended for mortgages, relative to $4.1 million a year earlier, while commercial loans were r educed by $2.2 million following a comparative $1.5 million expansion. Loan arrears growth outstrips credit rise FROM page 1B revenues increased by 9.6 per cent on the back of improved rate and occupancy showings. S tuart Bowe, the Bahamas Hotel Associations (BHA president, said in response to Tribune Business questions that the room revenue increase, following a relatively soft 2011 first quarter, resulted largely from collective promo-t ion efforts involving the Ministry of Tourism and industry primarily around the Companion Fly Free initiative. A further boost came from the extended travel period offered by the later Easter holiday period, plus improved confidence by US travellers and an increase in Spring Breaka nd group business. Average occupancies among Nassau/Paradise Island hotel p roperties for April 2011 rose by 1.3 percentage points to 74.1 per cent, while average daily room rates (ADRs increased by 7.4 per cent to $292.2. Projections We were right on target with revenue projections, slightl y below forecast for occupancy levels, Mr Bowe told Tribune Business. We appear to be at around 75-80 per cent of pre-recession levels. He added that there had been a level of confidence that r ates could be increased marginally based on marketplace and competitive conditions. S till, the BHA president said the industry needed continued improvement in revenue, and added: Most hotels continue to struggle in that regard. Most hotels are still operating on a very tight margin. While we are encouraged by the improvements we are seeing, our industry continues to be challenged by competitive constraints from returning rates to pre-recession levels. And Mr Bowe further told Tribune Business: We believe this challenge will continue into the near future. To generate the level of business necessary to return to h ealthy bottom lines will require continued focus on generating business and managing costs. It is an ongoing challenge to grow our business, particularly given the added pressure of increased air fares. We are working hard to maintain the occupancy and r evenue increases we realised last year, and are hopeful that we will see some marginal level of increase. Mr Bowe said the Government and private sector were w orking in generating more airlift into the Bahamas, and added that employment in the hotel sector was picking up slowly. Many employees saw an increase in hours worked during these past few months, the BHA president said. Hotels at -80% of pre-recession business levels F ROM page 1B
serious, objective look at what is happening with the finances in this country. I think were in a tough place......... We need to look objectively at where we are, because clearly were in a hard place, all these deficits despite these windfalls, and to pay for government we now have to sell assets. When are we going to turn this thing around. Its the same old stuff. The Bahamas has always run a capital deficit, due to the lack of revenues to offset spending on governmentfunded infrastructure projects. However, the $210 million BTC privatisation proceeds have been treated as capital revenues, reducing the 20102 011 deficit in this area to $22 million. The recurrent deficit is where the first problem remains, as government spending here is projected to exceed revenues by $184 million, close to three times the initial Budget forecast of $62 million. And this despite the $120 million BORCO and Baha Mar windfalls. Besides the ongoing fiscal challenges, Mr Wilson told Tribune Business that the most amazing aspect was not the 2011-2012 Budget itself, but the Department of Statistics upward revisions to this nations gross domestic product (GDP some cases, by up to $1 billion. Suggesting that the Department would now have to restore confidence in the accuracy of its data, something Mr Wilson deemed vital to proper private sector planning, he also said analysis of key economic indicators had been thrown out of whack because GDP was a measurement vital to most calculations. Revisions My overall view of this is t hat the most amazing aspect of this Budget is not really the Budget itself; its the revisions of the GDP by the Department of Statistics, Mr Wilson said. That has a humungous impact for the business community.... All of a sudden youre told its wrong, that GDP is a signifi-c ant percentage higher. The Arawak Homes chairman equated this to a businessman doing an evaluation of a client companys accounts. Right in the middle of the process, the client company produces a new set of audited accounts that it says shows it is doing much better than previously thought. This Budget is really saying to me that its important for the folks at the Department of Statistics to assure and reassure all stakeholders that they know what theyre doing, Mr Wilson told Tribune Business. Its terribly, terribly important for the folks involved to make sure they do all they can to explain this, do all they can to retain the confidence of people who turn to the Department of Statistics for important and accurate information. Mr Wilson also questioned the collective $38.6 million subsidy being granted to Bahamasair and the Water & Sewerage Corporation for the u pcoming fiscal year, asking whether this transfer of wealth from the Bahamian taxpayer would be used for national development purposes. Noting the recent call by George Markantonis, Kerzner International (Bahamas president and managing director, for Bahamasair to open up more international routes and seats coming into the Bahamas, Mr Wilson said this was precisely what Bahamasair did 20-25 years ago. He added that Bahamasairs opening up of routes from Newark and Atlanta to Nassau ultimately encouraged Continental and Delta, respectively, to take over these air links. If we are spending these humungous subsidies for playing roles of this kind, this is assisting national develop ment efforts, but if were spending these sums of money to run people up and back f rom Miami to shop, how is this development, Mr Wilson said of Bahamasair. What I am concerned about is not just the quantity of money being given to these entities, but how are they aiding national development? I dont see it. How is the country benefiting? BUSINESS PAGE 10B, THURSDAY, JUNE 2, 2011 THE TRIBUNE 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .190.95AML Foods Limited1.181.180.000.1550.0807.66.78% 10.639.05Bahamas Property Fund10.6310.630.00-0.6400.200-16.6 1.88% 7.504.40Bank of Bahamas6.946.940.000.2130.10032.61.44%0 .530.17Benchmark0.180.180.00-0.0480.000N/M0.00% 2 .842.70Bahamas Waste2.702.700.000.0470.09057.43.33% 1 .961.77Fidelity Bank1.771.770.000.0970.04018.22.26% 12.008.49Cable Bahamas8.748.740.001.0580.3108.33.55% 2.852.35Colina Holdings2.552.550.000.4380.0405.81.57% 8.338.33Commonwealth Brewery8.338.330.000.0000.0000.00.00% 7 .005.80Commonwealth Bank (S1)6.986.980.000.4960.26014.13.72% 2.351.90Consolidated Water BDRs1.871.920.050.1110.04517.32.34% 2.541.31Doctor's Hospital1.381.380.000.1070.11012.97.97% 5.994.75Famguard5.405.400.000.4460.24012.14.44% 9 .005.65Finco6.006.000.000.7570.0007.90.00% 9.858.25FirstCaribbean Bank8.608.600.000.4940.35017.44.07% 6.004.57Focol (S)5.505.500.000.4350.16012.62.91% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7.305.50ICD Utilities7.307.300.00-0.1220.240-59.8 3.29% 10.809.80J. S. Johnson9.829.820.000.8800.64011.26.52% 1 0.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 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) +FBB15100.000.00F INDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029TUESDAY, 31 MAY 2011BISX ALL SHARE INDEX: CLOSE 1,427.28 | CHG 0.05 | %CHG 0.00 | YTD -72.23 | YTD % -4.82BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 1 9 October 2017 7% RoyalFidelityMerchantBank&TrustLtd(Over-The-CounterSecurities) 29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7 % Interest 52wk-Hi52wk-LowSymbolBid $ A sk $Last PriceDaily Vol.EPS $Div $P/EYield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.650.750.400.0290.00024.130.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.55731.4674CFAL Bond Fund1.55732.04%6.13%1.535365 3.01852.9020CFAL MSI Preferred Fund3.01852.41%4.01%2.952663 1.59761.5289CFAL Money Market Fund1.59761.50%4.50%1.580804 3.20252.6384Royal Fidelity Bahamas G & I Fund2.6384-3.01%-13.12% 13.638813.0484Royal Fidelity Prime Income Fund13.50161.08%0.02% 116.5808103.9837CFAL Global Bond Fund116.58080.71%8.38%115.762221 114.1289101.7254CFAL Global Equity Fund114.12892.39%7.89%111.469744 1.16081.0000FG Financial Preferred Income Fund1.16551.66%5.19% 1.12141.0000FG Financial Growth Fund1.12640.71%6.11% 1.16201.0000FG Financial Diversified Fund1.16681.54%5.59% 9.99529.5078Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.88910.43%4.27% 11.217310.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 211.49854.04%7.76% 10.42889.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.68136.55%7.65% 8.45104.8105Royal Fidelity Int'l Fund Equities Sub Fund8.85645.46%11.17% 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-Apr-11 30-Apr-11 114.368369 106.552835 31-Mar-11 30-Apr-11 NAV 6MTH 1.512246 2.907492 1.561030TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Apr-11 31-Mar-11 30-Apr-11 29-Apr-11 30-Apr-11MARKET TERMS30-Apr-11 31-Mar-11 RoyalFidelity Merchant Bank & Trust Ltd (Over-The-Counter Securities) CFAL Securities Ltd. (Over-The-Counter Securities)30-Apr-11BISX Listed Mutual FundsNAV Date 30-Apr-11 30-Apr-11 326,7,21$9$,/$%/( $XGLWDQDJHUDUWQHU 3$8/$259,/RI:LOVRQ 7UDFN1$66$8%$+$0$6 0$5/,1(0$5&(//(RI7+,5' 675((77+(*529(1$66$8%$+$0$6 AUSE FOR GREAT ALARM ON HUMUNGOUS DEFICIT F ROM page 1B
achieve practical objectives. Horizontal scrolling: It is said that horizontal scroll (left to right) makes it extremely diffic ult to read site content. If this is the general consensus, create scrolling vertically (top to the bottom) if it is easier. F ree Web Hosting: B usiness owners often claim that the business is just starting, and that is why they have not yetm oved their site to a domain host. This is a common website blunder. If possible, avoid the use of free web hosting if you want your business to be taken s eriously, as it reflects on your image and credibility. Purchase a professional domain host if you do not have one. Appalling Images: Dont allow your visitors to view badly-shaped and terribly cropped images, or missing graphics files. Optimise your images, using the best height and width, and keep files in the best formats jpeg for photographs, a nd gif for artwork. Remember to convert CMYK collections to RGB for website viewing. Ghastly colour schemes: Avoid using loud colours that do not complement your webs ite concept and mission. Although your text may be easy to read, overly-bright colours distract and repel the reader away from your site's purpose.Y our designs must reflect class and quality, with state-of-thea rt designs and pleasant eyecatching colour schemes. Absence of an e-mail Sub scription Form: This critical aspect is often neglected bym ost website owners. Having a m ailing list gives you several advantages, such as maintaining a visitors list that allows contact, builds relationships and e stablishes yourself as an expert for solving their problems. W eak messages: D o not use a weak message such as: Join my free newsletter. The reader might ask Why?, and: If I s ubscribe, will you give me a bonus or a free gift instantly? If your design and text work impresses the readers, you may automatically receive membership subscriptions which speak to your credibility. Advertising: Advertisements p rovide huge revenue, but they should be placed skillfully and be relevant to the current times. Do not overload your page with a ds, especially big flashy banners. Well-placed and welldesigned ads are okay, if it doesnt overload the page. P rices: D ont believe that you will not receive price inquiries, because the momenta visitor sees your product or s ervices, his prime question will be: What is the price of this item? Marketing is a very aggressive tool, so include a price with an item description.D ont be a confidential maverick. Measure Your Progress: One great thing about your business website is that you canf ind out amazing detail about how visitors are using it. Ives een so many small businesses that arent monitoring their b asic website statistics. For instance, if you know how m uch traffic youre getting, you c an easily boost your list signups as it evaluates whats working and whats not. U nder Construction: A void having a Closed: Under cons truction or yet to open website. Give your visitors at least a s ingle page of content with a notice when the entire site will be open. Music: If required, include s oft and soothing music that is relevant to the content, as it can turn one's mood off if incorrectly timed. Business owners often become overly concerned about the visual look of their website, neglecting its purpose, which initially should provide a professional frame for your allimportant content. That is not to say that a website shouldnt b e visually appealing; it should. Yet it should not work in isolation, with your website design getting in the way of your mark eting message and business objectives. Simultaneously, think of your website design not as a paramount piece of the marketingp uzzle, but as a frame for your marketing message, considering your business objectives in any website design. D efine your business purpose. What objectives do you want your website to achieve, and what do you want your visitors to see? Youd want yourw ebsite objectives to be actionoriented and clearly defined, right? Generally, most people dont want to think about what they have to do, but the difficultyo ften begins when they have to take that leap of faith and movef rom thought to action. Tactics are the steps taken to achieve y our business objectives. Think of your tactics as being the i mplementation of your strate gy, and how youre going to do what you think. Dont make your prospects figure out for themselves the v alue of the service you provide on your website. Tell them a bout it and offer testimonials to show the proof in your offer. I am of the view that a well thought-out approach to constructing a business website addresses virtually all aspects of a process that includes design a nd content. The overall objective is this: If you desire a successful online business, which everyone does, i t makes good sense to launch a website that fuels growth. But y ou may not be aware that you might undermine your business growth by overlooking small pitfalls. B y keeping your website d esign in good shape, you should expect frequent visits, resulting in increased revenue. But remember, once youve i dentified your objectives, create strategies on how youre going to accomplish them, as t he more thought-out and researched your line of attack, the more likely the overall success of your website will be. So u ntil we meet again, have fun, e njoy your life and stay on top of your game! NB: The author welcomes f eedback at: email@example.com BUSINESS THE TRIBUNE THURSDAY, JUNE 2, 2011, PAGE 11B Ministry Of Finance GN-1220 F ROM page 2B Make the web your business
T HETRIBUNE SECTIONETHURSDAY, JUNE 2, 2011 By RENALDO DORSETT Sports Reporter firstname.lastname@example.org THE Ministry of Youth, Sports and Culture is expected to enshrine 15 more sporting legends into the 2011 National Hall of Fame. The new inductees will be honoured in October to highlight Sports Heritage Week, according to Minister of Youth, Sports and Culture Charles Maynard. The list will include Margaret Albury, Jon Antonas, Anita DeGregory Dockerty, Arthur Eldon, Godfrey Kelly, Austin Kingsnake Knowles, Martin Lundy, Gladstone Moon McPhee, Derrick Bookie Nesbitt, Frank Pancho Rahming, Glenroy Flo Saunders and deceased inductees Sir Gerald Cash Wilfred Suggy Culmer, Prince Ted McIntosh and Justice Maxwell Thompson. The growth and development of sports in our country is attributed to the annual commitment and support of sporting giants, who have given unselfishly of their time, talent and material resources in support of various sporting disciplines. Many athletes have had their lives positively impacted by these people and, as a nation, we owe a debt of gratitude to them, he said. In October 2010, 14 outstanding Bahamians were inducted into the National Hall of Fame in recognition for their lifetime achievements in sports. In October of this year during Sports Heritage week, another 15 outstanding Bahamians from various sports will be inducted as a part of the class of 2011, said Maynard. The list will bring the total of inductees to 52, dating back from the initial ceremony in 1989 when Thomas A Robinson, Sir Durward Sea Wolf Knowles, Cecil Cooke, Andre Rodgers and Everett Elisha Obed Ferguson were all inducted. Its a group that I believe represent a good spectrum of actions, who would have performed great and went on to become good administrators in sports," Maynard said. The National Hall of Fame was established as a means to show the countrys appreciation to those athletes, whose exploits may have gone unnoticed in the past and, at the same time, say thanks to those athletes who continue to shine for the Bahamas. All of the inductees or their representatives (in the case of the deceased) will be presented with plaques. Their photos will also be mounted on plaques that will hang on the wall of the Ministry as they join the other Bahamians who have already been inducted into the Hall of Fame. 15 more sporting legends to be inducted into Hall of Fame MAYNARD B y RENALDO DORSETT S ports Reporter email@example.com MINISTER of Youth, Sports and Culture Charles Maynard said his ministry will be makingi ncreases to key programmes when it receives allocations from the governments 2011/12 budgetary year. In his contribution in the House of Assembly on Monday, Maynard listed the landmark achievements of various indi v iduals and sporting bodies throughout the past year, insisting the economic climate would not affect the Governments ability to facilitate sports development. I want you to appreciate the context of this success. Notwithstanding the economic downturn, the Government of the Bahamas, through careful planning and decision-making, has been able to ensure its contin ued support to all core sports and federations and making sure that they fulfil both their local and international obligations and we will be able to assist our athletes through government funding that we provide, Maynard said. With the actual competition and sports that we intend to attract to the Bahamas and the infrastructure that we intend to provide, I think this would be the most money that we would spend in the history of sports in the Bahamas. I think this is going to bring a level of sports that we have never seen before with so many people getting involved in sports. It speaks well to the partnership between the government and the sports bodies. I think it will speak well for sports in the Bahamas." Of the programmes in place set to receive an increase, the College of the Bahamas athlet ic programme fund will receive a boost of $60,000 while the subvention programme is scheduled to grow as well. We have a special programme with the College of the Bahamas where we provide funding to offer scholarships for athletes to get their education and core sports training through COB. The idea of the programme is to keep more of our athletes at home to hone on their education and on their path to their ultimate goal of Ministry will be making increases to key sporting programmes S S E E E E p p a a g g e e 3 3 E E 32 junior golfers take advantage of clinic T hirty-two junior golfers participated in a clinic organ ised by the Bahamas Petroleum Compa ny at the Bahamas Golf Federations driving range, Baillou Hills Sporting Complex, on May 28. The junior clinic, facilitated by veteran golfers Lee Elder and Wayne Player, was part of the inaugural Experience Golf Clin ic which began at the Ocean Club resort on Paradise Island on May 25. Mr Elder, who made history in 1975 as the first African American invited to play in the Mas ters, donated a grass cutter to the Bahamas Golf Federation (BGF to help maintain the greens. He also offered words of wisdom to the junior golfers. The reason why Im here right now is to try to instill in you to try and do the best that you can in whatever you decide to do. Any thing in life is hard when it is time consuming. There will be a lot of days when you will not feel like going to practice, but if you plan to be a champion, youre certainly going to have to forget about all those things that you had done in the past and concentrate primarily on the game of golf. There is no shortcut in the game of golf, he said. Mr Player, who was just 17 years old when he played in his first British Open, noted that Saturdays event was the most important part of the Experience Golf Clinic. He believes that golf is a useful tool for moulding children into productive citizens. This is where it all begins. Golf is a great game, and the more of these kids that play the game of golf the better. [They] arrive here today, they have to dress appro priately, and they have to look sharp. There is a certain set of policies that you have to abide by in the game of golf, so its a great game to play. When these children go into their business lives this is really going to help them, said Mr Player. During the opening ceremony, Mr Player thanked the Bahamas Petroleum Company, Paul Crev ello, CEO, and his team for organising an event for young golfers. He informed the junior golfers that being a champion requires toughness, in the face of adversity, and discipline. To become a champion you have to be tough, and be able to handle adversity. One day, a handful of you may become champions, and when you get in the firing line that day and you hold those putts, this will be the thing that stands you in good stead, said Mr Player. BGF vice president Billy Lee told the golfers that the clinic was an invaluable experience. Today is a very special day for you. People pay a lot of money to get this type of seminar instruction around the world, and we are privileged to have this opportu nity, he noted. Ingrid Black, chairperson of the BGF central junior division, hopes that Saturdays clinic will go a long way in helping to improve the players performance. Mr Player and Mr Elder imparted a lot of knowledge to the kids. Hopefully, they will take the tips that were given and use them throughout their regular S S E E E E p p a a g g e e 2 2 E E HOW ITS DONE: Wayne Player demonstrates a golf swing during the Bahamas Petroleum Companys junior golf clinic.
practice, and it will produce some really good golfers out of what we have done here today. We would like to thank Bahamas Petroleum Compa-ny for sponsoring this event. It was truly a magnificent offer on their part to do this for the kids. The Bahamas Golf Federation, the junior programme in particular, is truly grateful for having this opportunity to meet these legends in golf.We look forward to a continued relationship with them, she added. LOCAL SPORTS PAGE 2E, THURSDAY, JUNE 2, 2011 TRIBUNE SPORTS FACILITATORS and participants of the Bahamas P etroleum Companys junior golf clinic pose with the Bahamas Golf Federations new grass cutter. The machine was donated by clinic facilitator and veteran golfer Lee Elder (centre SHOWN (l-r front row at the opening ceremony of the junior golf clinic. The event was part of the inaugural "Experience Golf Clinic" which began on May 2. 32 junior golfers take advantage of clinic F F R R O O M M p p a a g g e e 1 1 E E
LOCAL SPORTS TRIBUNE SPORTS THURSDAY, JUNE 2, 2011, PAGE 3E achieving greatness. We have provided in the last budget year, $120,000 and this year we are proud to increase that amount to $180,000 towards this very important programme, he said. The government contin ued its policy of assisting athletes directly and indirectly in their prep and training in their various sporting disciplines saw a total of 53 athletes actively competing. These athletes benefited from the pro gramme at a cost of $1 dur i ng this fiscal period. With t his being an Olympic year, we expect to see even more athletes added and to see this programme grow even more. With the upcoming year expected to be a busy one for the Bahamas locally and internationally, Maynard noted his ministry will continue its mandate of sup porting all sporting avenues. Fiscal During the 2010-11 fiscal period, the government paid out $700,000 in endowment assistance to various sporting organisations these funds were to be used in the total development of respective sports. An additional $170,000 was utilized to facilitate the respective federations participation in the Carifta Games both in track and field and in swim ming. In 2011-12, the govern ment will continue to seek to provide an increase in the level of endowment assistance provided to our core sports. The increased assistance is the primary result of 2012 being an Olympic year and the cost associated with the prepara tion of various teams, Maynard said. The amount that we have provided for Carifta this year will not change despite the fact that only the track and field team will have to travel. The Bahamas will be hosting Carifta swimming in 2012. It is expected that the funds that would go toward the swim federation for them to travel would be used to offset the cost and go toward the overall success of host ing the event next year. Ministry will be making increases to key sporting programmes F F R R O O M M p p a a g g e e 1 1 E E LOCALS were invited to play a round of golf with veteran golfers Lee Elder and Wayne Player during the Bahamas Petroleum Companys first Experience Golf Clinic. T he clinic was held at the O cean Club resort on Paradise Island May 25-27. Dr Paul Crevello, chief executive officer of the Bahamas Petroleum Company, described the event as a tremendous experience and intellectual stimulation for all those who participated. He hopes that the clinic will become an annual event. Were going to have everybody back here again. We had a great time with Lee [Elder]. He is one of the ultimate golfers in the world. He has been in major tours since the late sixties and is very well known throughout the world as being a gentleman, known for his golfing prowess and for being a wonderful, openhearted person. And Wayne Player is just one heck of a coach. You cant find anybody with some of the most out of the box [methods] that helped improve everyones game, Dr Crevello said. In 1975, Lee Elder made history by becoming the first African American player invited to play in the Masters. His career includes 12 PGA Tour victories and earnings in excess of one million dollars on each of the PGA & Senior Tours. Mr Elder, no stranger to golfing in the Bahamas, helped to establish the Bahamas Golf Pro-Am in 1973. He was happy to be back in the country for this clinic. It is certainly a pleasure for me to be back here because I spent quite a bit of time in Nassau. I was here during the Prime Minister Pindling era and got to know him very well. I gave a lot of clinics here also, said Mr Elder. Mr Player, a good friend of Dr Crevello, said that he could think of no better place to spend the day than at the Ocean Club playing golf. Mr Player and his father, Gary Player, were the first father-son duo to play in the British Open Championship and the US Open. At 17 years old, Mr Player played his first of three British Opens at Royal Lytham, St Annes. Mr Player was recently selected as one of the three finalists in the Golf Channels I nstructor Search 2010 Comp etition. Wednesdays golfers included Justice Neville Adderley, James Gomez, president of the Bahamas Golf Federation (BGF Leroy Smith, Paul Winder and Ambrose Gouthro. Thursdays lineup included Glen Archer, BGF immediate past president, Shane Gibson, MP, Ian Hepburn, Sterling Quant and Brendon Watson. Fridays golfers included Dion Godet, Fred Lunn, Whitney Patton, Felix Stubbs and Sean McWeeney. All participants were delighted to receive tips from the clinics facilitators. BGF president James Gomez said that his game has improved as a result of Wednesdays clinic, and that he is better prepared to play in the upcoming Grand Bahama Open. I'd like to say thanks to Paul [Crevello] and the Bahamas Petroleum Company for having us out here today and also to Wayne [Player] and Lee [Elder] who have given a number of good tips on how to finish. And I certainly have finished well t oday. My swing is long and w ide. On behalf of the Bahamas Golf Federation, Id like to thank all of you gentlemen for hosting us here today, said Mr Gomez. Mr Gibson said that Thursdays clinic was a productive day full of practical tips that he will apply in upcoming tournaments. I must say that before I came out here I was a bit discouraged. I played yesterday and didnt hit the ball well. I played last weekend and didnt hit the ball well. Then [today], Mr Player took me on to the range and showed me one of two things. I felt comfortable. It resonated with me right away, and I became excited about getting on the golf course to see if it would actually work. And, of course, I came out here and it actually worked, Mr Gibson added. The three-day clinic concluded with a special dinner at Lucianos Restaurant. Locals play with veterans at the Experience Golf Clinic WAYNE PLAYER (far left