Citation
The Tribune.

Material Information

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item
Resource Identifier:
09994850 ( OCLC )
9994850 ( OCLC )

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Full Text
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PAGE 2, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE



Eo a RN CEROIOY LOCAL: NEWS SiG WR i SD io ON
Ingraham claims Grand Bahama
has suffered under rule of PLP

m@ By DENISE MAYCOCK

Tribune Freeport Reporter

FREEPORT - Grand
Bahama has suffered under the
PLP government and the inept
leadership Prime Minister Per-
ry Christie, according to FNM
leader Hubert Ingraham.

Mr Ingraham was speaking
on Saturday at the FNM Grand
Bahama Women’s Association

Prayer Breakfast at Christ the
King Church Hall, where sup-
porters gathered in prayer and
worship.

Prayers were offered up for
the country, the party’s leader,
and the six candidates on Grand
Bahama by various ministers of
the Gospel.

Mr Ingraham said that it is
important for FNM supporters
to come together to bow their

heads in humility and ask God
for his help.

The current voter register
comes to an end next month,
leaving Bahamian voters with
only several more weeks to reg-
ister to vote in the upcoming
general election. :

Mr Ingraham claims the last
minute announcement made a
couple of days ago by the Prime

come to an end.on March 12,
is indicative of the PLP’s gov-
ernance of the country.

He said when the FNM was
in office it gave people enough
time to register. ;

“We gave notice on June 29,
2001, that the register would
come to an end at the end of
September 2001, to give people
time to register. It was seven,
eight, nine months before the



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' general election,” he said.

Mr Ingraham stated that the
register would have come to an
end this year anyway on April 3
by law, whether Mr Christie
said so, or not.

“They (the PLP) wait until
the last minute — this is how
they go. Everything is last
minute for them. But, time is
almost up and they could stench
as much as they like, it ain’t long
now.”

Mr Ingraham told supporters
in Grand Bahama that Nassau
is fed with up the PLP. He said
the PLP government has stood
by while Grand Bahama’s econ-
omy weakened and in some sec-
tors disintegrated.

He stated the PLP was absent
on the sale of the Royal Oasis
Resort — the sale that hasn’t
happened regardless of the
number of deals reportedly
about to close.

“The PM said last November

‘ that he was only then putting

his mind to it. Where was’ his
mind all along? Mr Ingraham
asked.

“They are absent as one busi-
ness after the other closes in the
International Bazaar. They are
absent as hotel rooms stand
empty and taxi drivers idle.
They are absent as unemploy-
ment on this island rises, busi-
nesses fail, and hopelessness
stalks the land! You cannot
trust them!”

“The PLP said they would
transform West End and make
it a new Freeport — 20 or so
years from now. But they have
approved, or at a minimum
turned a blind eye to the envi-
ronmental degradation occur-



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ring at West End every day.”

Mr Ingraham said the PLP
has failed to see the acres of
land that have been sacrificed
and trees destroyed.

He pointed out that excavat-
ed holes have been filled with
garbage, including scrap metal,
and dead fish are seen floating
in construction sludge. He told
Grand Bahamians that the PLP
cannot be trusted.

“You can’t trust them with
your schools, you can’t trust
them to hire teachers, you can’t
trust them with hurricane relief,
you can’t trust them with your
healthcare,” he'said.

According to Mr Ingraham,
Prime Minister Perry Christie
is the wrong man for the job.

He said the record shows that
Mr Christie sees no evil and
hears no evil, not even when
members of his front and back-
bench are accused of outra-
geous behaviour — sometimes
criminal behaviour.

“He believes whatever story

they tell him. He excuses the
waste of public monies in the

Junkman bleacher incident. He ©

chooses to remain uninformed
on the details of the Korean
fishing boat scandal. |

“He first denies a fight took
place between two of his mem-
bers in the Cabinet Room; then
he excuses it as a minor scuffle;
and then he reluctantly accepts
resignations from positions to
which he had appointed the
offending parliamentarians,” he
said.

Mr Ingraham said Mr
Christie believes, and would
have Bahamians believe, that
Shane Gibson acted appropri-
ately in relation to the Anna
Nicole matter.

“He is unaware, or so he and
half his Cabinet would have us
believe, of the undercover oper-
ations which resulted in five
Bahamians being arrested in the
United States for crimes
allegedly committed in the
Bahamas,” he said.



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THE TRIBUNE

LOCAL NEWS

MONDAY, FEBRUARY 5, 2007, PAGE 3





In brief

Two arrested
after police
discover haul
of cocaine

FREEPORT - Two men
have been arrested and charged
with drug possession after

olice discovered and seized

30,000 worth of cocaine at an
apartment in Freeport on Fri-
day.

Supt Basil Rahming reported
that at about 11am officers from
the Eastern Division executed a
search warrant on a residence at
Beaconsfield Drive, where it
was suspected that two men
were in possession of danger-
ous drugs.

During a search of the
premises, the officers seized a
white taped plastic package con-
taining one kilo of cocaine. A
39-year-old resident and a 47
year old of Limewood Lane,
both males, were arrested and

taken into custody,

The men are expected to be
charged in connection with the
matter on Monday.

Strong quake
shakes
western
Caribbbean

m JAMAICA
Kingston

A STRONG earthquake
shook parts of Cuba, Jamaica
and the Cayman Islands on
Sunday, authorities said. There
were no immediate reports of
damages or injuries, according
to Associated Press.

The magnitude 6.1 quake and
was centred in the Caribbean
Sea about 75 miles north-west
of Montego Bay, Jamaica, and
125 miles south-west of
Bayamo, Cuba, according to the
US Geological Survey in Col-
orado. It occurred just before
4pm local time.

Seismologists at the Univer-
sity of the West Indies in
Jamaica measured the quake at
a 5.3 magnitude.

,Authorities in Jamaica and.
the Cayman Islands said no |

damages or injuries had been
reported.

“We consider it a strong
earthquake,” said USGS geo-
physicist Bruce Presgrave. “It’s
enough off the coast that I
would not expect any major
damage; (though) there’s a pos-
sibility of some minor damage.”

Presgrave said tremors are
relatively common in the area,
which lies on the boundary
between two tectonic plates.

No tsunami warnirigs were
issued for the Caribbean and
no tsunami activity was
observed in the region, said Stu-
art Weinstein, assistant direc-
tor of the Hawaii-based Pacific
Tsunami Warning Center.

In Jamaica, the quake was felt
the strongest in the country’s
west end and nearly all of the
country’s parishes have report-
ed feeling it, said Margaret
Grandison, of the University of
the West Indies’ seismic unit.

“My children were upstairs
and I thought they were play-
ing,” said Lloyd Hill, who lives
in Hanover parish located some
160 miles west of the Jamaican
capital, Kingston. “When we
ran outside, we saw some neigh-
bours and they were obviously
shaken.”

Airline cuts
staff and
offices across
Caribbean

@ PUERTO RICO
San Juan

CARIBBEAN Star airline
has cut 40 per cent of its staff
and will close all four of its tick-
et offices across the region in a
bid to cut costs, according to
Associated Press.

The dismissal of about 188 of
the Antigua-based company's
470 employees comes about two
weeks after the carrier trimmed
its fleet by four aircraft — leaving
it with seven planes.

Caribbean Star also began
joint operations on Thursday
with another regional airline,
the Antigua-based LIAT. The
two companies announced in
late December that they had
agreed: to a merger and were
expected | to completely merge
within a Hee months.

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US diplomat stresses
strengthen airport security

@ By PAUL TURNQUEST
Tribune Staff Reporter

FOLLOWING the release of
US court dockets accusing one
of the baggage handlers at Nas-
sau Flight Services of placing
explosive material on interna-
tional airlines, the US Embassy
said that these allegations rein-
force the importance and

“urgent need” to reduce vul-

the seriousness of the allega-
tions being made as the NFS
case progresses.

“Obviously this case is a case
that is before the courts in the
United States, and a court of
law will review all the evidence
in a fair trial, and innocence or
guilt will be determined by a
court of law. But clearly the
allegations contained in the
court documents are serious

nerabilities at the Lynden Piti?*’ ones and without commenting

dling International Airport.
Without commenting on the
guilt or innocence of the vari-
ous parties accused, US deputy
chief of mission Dr Brent Hardt
told The Tribune that the
embassy is very cognizant of

on guilt or innocence, I think
that the evidence presented
reinforces the importance of
strengthening airport security,
and the urgent need to reduce
vulnerabilities that could allow
unscrupulous individuals to



@ DR Brent Hardt e

introduce bags and packages
onboard aircraft at Lynden Pin-

dling International Airport,”
he said.

Dr Hardt added that the
Embassy is also a part of the
task force created by the Min-
istry of Transport and Aviation
to review the security at the air-
port. This special committee
was formed after a number of
weaknesses were highlighted
by The Tribune in the past few
weeks.

The Tribune revealed that
the weaknesses, which were
allegedly exploited by the
accused baggage handlers from
Nassau Flight Services, were
still uncorrected, nearly a
month alter their arrests. Also
spurring on the formation of

the committee was a damning
report by the Transportation
and Security Administration
(TSA) of lack of security mea-
sures and precautions at the
Customs warehouse at the air-
port.

However, Dr Hardt said that
the embassy is very encouraged
by the work that the committee
has alréady undertaken to cor-
rect the security issues at the
airport.

“We hope to continue work-
ing within this group, and with
the Ministry of Transport to
address vulnerabilities that
have been identified and
strengthen overall the security
that is at the airport,” he said.

FNM members react after attacks on Ingraham

MEMBERS of the Free
National Movement in Grand .
Bahama took offence yester-
day to the “personal” attacks
launched on their party leader
Hubert Ingraham, in the
House of Assembly last week.

In an address from their
Grand Bahama branch, its
members called the remarks
and the members who made
them as “childish, shameless,
and dishonourable”.

“It has become increasingly
clear every day that the Pro-
gressive Liberal Party has no
real issues to deal with and
intend to spend the rest of the
election campaign taking pet-
ty personal shots at our
leader,” said Neko Grant, MP
for Lucaya. “They have made
him (Ingraham) the object of
personal attacks in the House
of Assembly, as they do not
seem to want to make the
business of governing the
Bahamas a priority,” he said.

Mr Grant added: “While
Grand Bahama has lan-~
guished in economic distress
for almost five years under
Christie’s administration
which has been unable to effi-
ciently address the closure
and sale of Royal Oasis hotel
and save our bleeding econo-
my, they instead choose to use
the House of Assembly as a
playground for name calling

: just like school children.”

Mr Grant noted that his fel-
low colleagues, Ken Russell,
MP for High Rock, the four
FNM candidates and their
campaigners have been
steadily working their neigh-
bourhoods, from the east to
the west listening to the peo-
ple of the Bahamas.

“We know what Grand
Bahamians want,” he said,
“they want a leader who
makes decisions, who can
stand with first world leaders
face to face, and who has
integrity and honesty.”

The MP went on to add
that anyone who needs vali-
dation of this fact can check
Mr Ingraham’s record.

“When the council of the
FNM voted for the return of
Mr Ingraham as leader it was
done as a result of the thou-
sands of Bahamians across the
country that called for his
return. That-return has

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stunned the governing party
and sent them into panic.

“Clearly if they thought that
Mr Ingraham was a liability
they would leave the FNM to
have him as leader. However,
their every effort to personally
attack him confirms that they
fear him and do not want him to
lead our party into the next
election,” Mr Grant said.

He added that since the “dis-
graceful tactics” used in the
House of Assembly last week,
he and his tellow candidates
have been inundated with calls.

“T have been stopped in the
streets and questioned as to why
the Ministers need to spend
their time on national television
campaigning on their dislike of
Hubert Ingraham.

“The people do not want
those they pay to waste their
time on such childish things.
They want their public servants

to address the critical issues of
immigration, crime, joblessness,
confidence in the judiciary, the
sovereignty of our nation and
the environmental integrity of
our nation.

“Grand Bahamians want to
know how their government
plans to help Grand Bahama,
they want to see the hope and
help they were promised, they
want employment,” said Mr
Grant.

Reiterating that the FNM will
not stand for these schoolboy
tactics, Mr Grant noted that the
FNM will debate the issues in
the upcoming election and will
discuss the PLP’s record of mis-
management, misadministration
and misinformation.

“We will not stoop to that
level of name calling; we are
grown ups who debate issues.
Is it too much for us to expect
that the current government will



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PAGE 4, MONDAY, FEBRUARY 5, 2007

|
|

EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES ©
Switchboard (News, Circulation and Advertising) 322-1986 °
Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348

Mr Christie, your enemy isn’t The Tribune

IT SEEMS that government has two great
fears — The Tribune and former prime min-
ister Hubert Ingraham.

We would have thought that this country
faced far greater issues for discussion at elec-
tion time. Take crime, for example. We are
just entering our fifth week of the year and
already there have been six murders. And
this morning’s Tribune reports another “sus-
picious” death, which could bring the murder
count to seven. ;

Is The Tribune really a greater threat than
the possibility — if scientists’ predictions on
global warming are accurate — that some
of our islands could disappear from the face
of the earth within the next 23 years? It
seems that this sobering thought should
shake the politicians into reality. But no...

According to Prime Minister Christie as
far as threats go, The Tribune is “Numero
Uno” — a favourite expression of Kendal
Nottage when he was sports supremo in the
early days of the Pindling administration and
our sportsmen and women had started to
excel in international competition.

At a Fox Hill branch meeting on January
29 Mr Christie told supporters that The Tri-
bune is one of the greatest threats to his
administration in the coming election.

He accused The Tribune of being deter-
mined to restore FNM Leader Hubert Ingra-
ham to power and encouraged his supporters
to be aware of who is “trying to take us out.”

. Said the Prime Minister:

“And we will not hesitate as we go to our
various places of abode, to ensure that our
country knows, beginning tonight, that no
matter what The Tribune says, no matter
how hard they try to help Ingraham, the
more they do it, the more many of you must
cut it out. Cut it out and put it on our head-
quarter’s wall. Motivate our people. Show
them who’s trying to take us out. Put their
faces on the wall. Put their stories on the
wall. And every time we walk into these
headquarters we are motivated to spare no
effort to go to every nook and cranny of the
Bahamas, and to ensure that everytime they
rise up, we put them back down. PLP! PLP!”

Amusing if nothing else. However, what
the Prime Minister has forgotten is that The
Tribune does not make the news, it just
reports it. Our reporters are recording, and
we are commenting on the activities of the

‘real threats to the PM’s government — his
own politicians. So when it comes to plas-

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tering faces on the wall, many will be of his
own colleagues.

As they run hither and yon, like so many
loose cannon, many leaving scandal in their
wake, they are the ones creating the news
that threatens the already shaky Christie
empire. And so what will be plastered on
headquarters walls will not be the activities of
The Tribune, but the activities of their own
members.

Take for example, the foolishness that
came out of the mouth of Fred Mitchell on
the same evening that the Prime Minister
was targeting his enemy.

Fred Mitchell, who fancies himself as a
“journalist” is obsessed by Tribune Manag-
ing Editor John Marquis. He is determined
to tar Mr Marquis with the “racist” brush,
something that Mr Marquis certainly is not,
but we are satisfied that Fred Mitchell is.
But is this an issue that is of concern to the
people of Fox Hill?

They want Mr Mitchell to tell them what
he has done for them as a community — not
individual favours for a few, and certainly
not whether Mr Marquis is a racist.

The following is an example of the crude
foolishness that comes out of the mouth of a
man who wants to portray himself to
Bahamians as an urbane intellectual, ready
for launching on the international scene.

Said Mr Mitchell: “And no amount of
racist talk by John Marquis can denigrate
the legacy of Eric Wilmott in Fox Hill. That
man, ga soon find out, that same one who I
talked about, who is writing all this crap in
The Tribune every week, that man ga soon
find out where his real home is. Take what I
tell you. Let him keep foolin around.”

Mr Marquis does not talk racist, has nev-

er attempted to denigrate Mr Wilmott’s lega-
cy, and certainly knows who he is and where
his real home is, he also knows that he is a
master in his profession. Can Mr Mitchell
say the same?
. Crude threats against persons trying to
do an honest job will get Mr Mitchell
nowhere, and they certainly will not help
Mr Christie’s cause.

Mr Christie, wake up, your worst ene-
mies are in your own camp — it is not The
Tribune.

But The Tribune promises to record their
missteps and so your government will have
much to plaster on your headquarters’
walls.

facing the -
| police force

EDITOR, The Tribune.

OUR Royal Bahamas
Police Force continues to per-
form its duties, quietly, but
efficiently and effectively.
Many of their exploits go
unnoticed and there is little
media recognition. The exec-
utive management of the
Force needs to be congratu-
lated for their ability to moti-
vate members of the Force to
perform with such distinction
even in the light of manpower
constraints, the overwhelming
number of complaints and the
dangers that exist for Police
Officers working in crime-rid-
den communities.

The Force has been able to
maintain a high percentage of
crime detection and its suc-
cess in the apprehension of
criminals for gun and drug
crimes merits commendation.

In this 21st century the
Police has to perform in a
society which has undergone
major change and the Police
will encounter different prob-
lems beyond comprehension.
The information explosion,
availability of firearms, cou-
ples with rapid social changes
will make things really, really
difficult and even more dan-
gerous. We should prepare
ourselves to face the continu-
ing violence and pray that the
drive by the Police to eradi-
cate .firearms on our streets
will be successful. The efforts
of the Police would be suc-
cessful if every citizen assists in
providing the much needed
intelligence and information
on crime.

Many persons, in particular
our politicians tend to blame
the Police for crime in our
country. A lot of this blame is
expected during election cam-
paigns. The Police should not
alone be blamed for the main-
taining of law and order. The
Police have to work within the
parameter established by the
laws of our country and with
the resources available to
them. The Police Force must
be treated as a most impor-
tant arm of the judicial sys-
tem, the other functionaries
of the system being the

Courts, Prosecutors and Pub- |

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made accountable for the laps-

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es of others.

It is hoped that our leaders
will pursue with haste the
establishment of much needed
Witness Protection, which

ought to be a major topic of

discussion at CARICOM, as
many of the Caribbean coun-
tries are experiencing similar
problems, such as the murder,
threats, and the disappearance
of key witnesses. Our CARI-
COM leaders should consider
discussing a CARICOM max-
imum security prison for long
term (lifers and recidivists) on
an island in the Caribbean.

THE TRIBUNE .



Challenges

Cc

Such a project could be
financed by all of the
Caribbean islands. »
Finally, we have a problem :
with our Courts granting bail
to persons charged with major :
violent crimes and those per-'
sons charged with murder; -
who are released from prison
after a lengthy stay without
trial. In Florida the electronic
anklets are being used effec- '
tively to monitor the move-
ment of persons on bail. I am.”
told that such persons are.
restricted from going to cer-
tain locations, such as airports
and seaports. It is a condition
of their bail.

PAUL THOMPSON, SR __,
Nassau,
January 25, 2007. ny

Price increase on:

imported items -

EDITOR, The Tribune.

s
»

IN RECENT weeks there has been negative comments and ,
suggestions that some food stores are price gouging the public.

Certainly, unfortunately out of anyone’s control, over the
past 15-months with the increasing cost of oil, all imported
items and even local services and products have had a price °
increase so as to compensate the fuel cost, BEC cost and uses of

utilities.

wow w

Certain people have been specific as to fresh vegetables or
produce, may I bother to possibly clear up some of the rates
charged on imported produce products.

Apricots, cherries, peaches, figs (fresh/dried), guavas, nuts,
Brazils, cashews and almonds all are subject to 30 per cent |
Customs duty. This also covers all other fruits, dried, bottled,
canned, frozen or in any way preserved are also liable to 30 per *

cent duty.

~ moe oe ow

Pineapples, water-melons and limes are liable to 35 per cent

duty.

Cantaloupes, honey-dews, musk-melons and papayas are all |

liable to 25 per cent duty.

Bananas are liable to 80 per cent duty.

Coconuts, grapefruits, guavas (dried and frozen), mangoes,
oranges, tangerines, plantains are liable to 10 percent duty.

DUTY FREE are apples, grapes (fresh/dried), pears, quinces :

(fresh), and strawberries (fresh).

Now all of the items are subject to Stamp Tax at 2 per cent |

even those which are Duty Free.

The unfortunate thing is that if shipping - transportation |
costs go up and then oil goes down, the $1 million question is will °
the shipping company reduce their tariff rates?

M A JOHNSON, MS
Nassau
February 1, 2007.

NETOPIA eee AC

Montrose Avenue
Phone:322-1722 ¢ Fax: 326-7452









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PAGE 6, MONDAY, FEBRUARY 5, 2007



IHeE TRIBUNE



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AVENJENEISV GE, Dee ry er gt

a
Finally, a private
television licence

LI IS good news for
Bahamians that broad-

casting minister Obie Wilch-
combe has decided to grant
the county’s first private tele-
vision broadcast licence. Even
casual observers will by now
have noted the extent to
which the decision to free the
radio airwaves continues to

commend itself as one of the .

last government’s wisest
moves.

As a journalist himself, the
minister clearly understands
the vital developmental role
that a thriving, free media
actually serves. By stimulat-
ing public debate, presenting a
diversity of ideas and, impor-
tantly, promoting a stronger
culture of scrutiny of pyblic
figures, a free and diverse
media helps to drive a coun-
try’s political development like
few other tools.

To be sure, not all radio
programming since 1992 can
be described as likely to raise
the level of political con-
sciousness among Bahamians.
Some, of course, is sheer non-
sense, as can be expected from
anything that relies upon
broad popularity to generate a
profit.

But what has been clear is
the extent to which the exis-
tence of the independent sta-
tions has increased the sense
of circumspection, if not pro-
bity, among prominent public
officials. Politicians simply can
no longer expect (as they once
did with a confidence surpass-
ing arrogance) that glaring
_ instances of personal misbe-
- havior will be ignored by the
respectable media.

W here once
' Bahamians had to

rely upon the columns of
trashy tabloids (replete with
half-truths and innuendoes)
for information involving any
controversy, today, thanks
largely to the popularity of
private radio shows, politi-

- cians actually appear in talk
shows themselves to explain
their peccadilloes and express
remorse. Where they do not,
the pressure generated by
private radio coverage has
the potential to do real dam-
age.

Another side effect has
been that ZNS’s own radio
programming has changed to
permit more independent
host commentary than was
apparently the case in the
past. Tellingly, this particular
change has only come in
terms of ZNS Radio’s talk
shows and has not been
matched by significant news
editorial improvement. While
ZNS News failed to report the
MPs’ fight until it was so pub-
licised by other media that it
(like the MPs themselves)
could no longer resist broach-
ing it, talk shows on ZNS
radio covered it from the
start. ,

This raises the hope that

. the eventual proliferation of














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2.|s it FAIR to all
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4, Will it be
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PERSPECTIVES



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ANDREW ALLEN

private television news
reportage (which, in addition

to the JCN station, now

includes Cable TVs news
channel) will bring about a

similar improvement in ZNS.

television’s editorial philoso-
phy.

PUBLIC SERVICE
REFORM.CAN CUT
PETTY CORRUPTION

(): course not all cor-
ruption and misfea-

sance by public servants will
generate sufficient interest to
justify investigative journal-
ism. So much of it is of the
mundane, unexceptional vari-

"ety (like petty police corrup-

tion and workers in govern-
ment offices who seek sweet-
eners) that it is unlikely to end
any time soon short of sub-
stantial reform to the public
sector.

In particular areas of our



Politicians
simply can no
longer expect
(as they once
did with a
confidence
surpassing
arrogance) that
glaring instances
of personal
misbehavior will
be ignored by the
respectable
media.
I

public service, there are such
patterns of small-scale cor-
ruption that it is no longer
regarded as such. I was once
told by a venerable old clerk
in one of the registries that,
while he would not take a
bribe, I may find my law
chambers’ documents being
processed faster if I left a bot-

tle of rum in a certain cup-.

board from time to time. (I
didn’t oblige, but began check-
ing the cupboard regularly
myself, with disappointing
results). .

More serious (and less easy
to detect) are the consistent
reports of extortion involving
those on the fringes of soci-
ety who are unlikely to com-
plain, especially illegal
migrants. There are credible
reports of illegals who are vis-
ited weekly or even daily by
rogue police and immigration
officers essentially seeking
protection money for failing

e know.

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to perform their duty.

Pix broadcasting
‘helps eliminate cor-
ruption in general because it
creates a more aware and
demanding public. But the
correction of the kind of day-
to-day petty malfeasance
alluded to above will require
more than that. Political lead-
ers who care to correct it will
have to look again at the
diminished meritocracy and
somewhat perverse system of
incentives that obtain in the
civil service. ]

In the uniformed services,
for instance, the rate at which
good, honest and intelligent

officers outpace others of

equal seniority but lesser qual-
ities is far less than is the case
of private security firms, for
instance. That is owing to an
organizational disinclination
to ruffle fraternal feathers, and
it is not limited to the
Bahamas. :
The only way around such
a culture is to institute real
reforms both at the entry lev-
el (harder qualifications) and

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There are
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of illegals who
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weekly or even
daily by rogue
police and
immigration |
officers
essentially .
seeking
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money for failing
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cially of the latter kind (it is
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PAGE 8, MONDAY, FEBRUARY 5, 2007

’ THE TRIBUNE



China beckons: CARICOM should follow

‘ll By Sir Ronald Sanders

(The writer is a business con-
sultant and former Caribbean
diplomat).

| HE continuing dichoto-

my within the Carib-
bean Community (CARICOM)
over the People’s Republic otf
China and Taiwan could begin
to hurt the grouping which has
been unable to establish a joint
policy toward China, now the
fourth largest economy in the
world and growing fast.

Belize, Haiti, St Vincent and
the Grenadines, and St Kitts-
Nevis continue to recognise Tai-
wan while the rest of the CARI-
COM countries have diplomat-
ic relations with China.

This division within CARI-

COM has kept the development
of a trade, aid and investment
policy for China off the agenda
of CARICOM Heads of Gov-
ernment even though China is
now involved with the region

in a number of ways including
as a lending member of the
Caribbean Development Bank
(CDB).

It is a favourable mark for



It is a favourable
mark for China
that even though it
is unhappy about
the continuing
recognition of
Taiwan by the
four CARICOM
countries, it has
not sought to
block their use of
its CDB funds.



China that even though it is
unhappy about the continuing
recognition of Taiwan by the

four CARICOM countries, it
has not sought to block their
use of its CDB funds.

The Chinese position is a
stark contrast from the position
taken by the US in 1979 when
the New Jewel Movement
seized power in Grenada and
the US broke off diplomatic
relations. Washington had laid
down a condition to the CDB
that Grenada could not access
US funds.

The importance of China in
the world and its potential value
to CARICOM countries was
underscored recently by two
events. .

First, China's foreign
exchange reserves, already the
world's largest, have passed $1-
trillion (US). The central bank
said its reserves stood at
$1.0663trillion at the end of
December, up more than 30
per cent from one year earli-
er, making China the first
country: Officially to top the
$1 trillion mark.

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EVANGELISTIC CRUSADIE

Sunday, February 11th to Friday, February 16th, 2007

At 7:30 p.m. Nightly at

The Coral Road Tabernacle, Freeport, Grand Bahama
Under the Theme: “Jesus Will Do It For You”

Dynamic Speakers are:
Bishop Cleophas L. Capron, Jr. District Overseer
Bishop Arthur Knowles, District Overseer (C.O.G.) —
Bishop George E. Thompson, Bishop Oliver Kennedy
Bishop Rosevelt R. Rolle & Bishop Fred Newchurch

Hear our anointed Soloists: Glenda Stubbs, Hattie Williams,
Ruth Colebrooke, Charo Charles and Others, Be blessed by our
Crusade Praise Team, our Grand Bahama District Choir and by the

Church of God District Choir.

Crusade Coordinators are:
Ministers Barry B.Morris

and Cheryl M. Forbes



ed and changed!

Organization has announced
that by 2020 China will be the
fourth-largest source of global
leisure travellers.

But with the mountain of
money on which it is sitting
and the need to spend it, the
Chinese government has
already begun easing curren-
cy controls. They will be look-
ing for ways to invest and
spend much of it.

R ecenty tourists from
China have officially

been allowed US$5,000 to trav-
el, though Chinese officials say
that the figure is higher than
that. Now, it is likely that the
government may increase the
travel allowance permitting
tourists to travel farther.

Several Caribbean countries
have already been given
“approved travel destination”
status. These are: Antigua and
Barbuda, the Bahamas, Barba-
dos, Dominica, Jamaica, and St.
Lucia.

This gives them a head start
in trying to grab a meaningful
share of the market. But, they
are up against serious compe-
tition from the United States,
European Union countries
such as the UK and France,
Canada, Australia and South-
East Asian nations who are
already gearing for Chinese
tourists.

To get a share of the market,
CARICOM countries will
require not only joint Caribbean
planning, marketing and
alliances with airlines and tour
operators in China, it will also
need the help of the Chinese
government to provide incen-
tives and maybe even trans-
portation.

It is the kind of help that
would come out of a Joint
CARICOM-China Trade and
Investment Commission that
meets regularly to explore the







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= SIR Ronald Sanders

potential for mutually benefi-
cial relations and puts machin-
ery in place to achieve it.



Officials in
China would
undoubtedly -
welcome the
opportunity to
map out a joint
strategy for
China’s
involvement in
the region, as
they have done
in Africa.



Incidentally, and nat unim-
portantly, China could also be
encouraged to contribute to the
Regional Development Fund
which is so vitally important to
the development of the
Caribbean Single Market
(CSM) that was formally



launched by CARICOM coun-
tries in 2006.

he Chinese govern-
ment has shown no

reluctance to be active in the
Caribbean, and officials in
China would undoubtedly
welcome the opportunity to
map out a joint strategy for
China’s involvement in the
region, as they have done in
Africa. :

In November 2006, China
hosted a meeting with leaders of
48 African countries at which
the . Chinese President
announced that ‘by 2009 China
will double the assistance. giv-
en to Africa in 2006 in an effort
to forge a new type of strategic
relationship and strengthen’
cooperation in more areas and
at a higher level.

The prospect of a similar
summit between CARICOM
Heads of Government and
the Chinese President is dim
unless one of two things hap-
pen: Either, the four CARI-
COM countries that recog-

. 7, + 7 . .
nise Taiwan alter their policy
and join the others in estab-
lishing diplomatic relations
with China, or agreement is
reached that the others are
free to establish a Joint
Trade and Investment Com-
mission with China under the
umbrella of CARICOM but
excluding the four if they so
wish.

The continuing links by the
governments of Belize, St
Kitts and Nevis and St Vin-
cent and the Grenadines to.
Taiwan is understandable.
They have received consider-
able help from the Taiwanese
who continue to invest in
their economies — particu-

_ larly in areas where tradi;

tional donors and lenders
have shied away.

But a structured regional
relationship on trade, aid and
investment with China, which
is now indisputably an econom-
ic giant and which could offer
much to the people of the
Caribbean, ought not to be
delayed.

Responses to: ronald-
sanders29@hotmail.com

*

The Ministry of

i

< \S

S

Se

Works and Utilities











’

“

1
¢
’

Oil-rich Venezuela's
leader takes up the
conservation cause

mat i

~ THE TRIBUNE

@ AN electric station is seen next to the 23 de Enero shantytown in Caracas on Saturday.
President Hugo Chavez plans to invest some of Venezuela’s oil wealth in manufacturing solar
panels and has begun giving out millions of energy-saving fluorescent light bulbs nationwide.

‘

:@ VENEZUELA

Caracas

HIS, ambitious social pro-
grammes are built on Venezue-
la's petroleum wealth, but Pres-
“ident Hugo Chavez is increas-
ingly talking up environmental
causes and urging the world to
cut back on oil use to fight glob
al warming, according to Asso-
cluted Press.

r

+

He wants to use some oil rev-

enues in a venture to manufac-
ture solar panels and has begun
_ doling out millions of energy-
saving fluorescent light bulbs to

» homes nationwide.

Some critics say Chavez's
campaign is mostly rhetoric,
noting this is a country where
government subsidies have
gasoline prices at 12 cents a gal-
lon, car sales are booming and
vehicle exhaust chokes litter-
strewn streets. *

But Chavez says Venezuela
can be an example, and he has
begun exhorting his followers
to drive less and take public
transport. His government plans
a windmill farm to generate
electricity on the Caribbean
coast and is exploring more uses
for cleaner-burning natural gas.

"Venezucla is one of the
countries that least contami-

nates the environment, but nev- .

ertheless we want to give an
example ,and be at the van-
guard," Chavez said at a news
conference Thursday.

He called US oil consump-
.tion — which handsomely funds
his government — a leading
cause of the world's environ-
mental troubles.

"They're destroying the
world," Chavez said, citing
melting glaciers in the Andes
and predictions of rising sca Jev-
els. "The human race will be
finished if we don't change the
world capitalist system."

Leftist ideology colors
Chavez's views, and he has
spent time discussing the dilem-
ma of climate change with
Cuban leader Fidel Castro, his
friend and mentor.

Castro's obsession with ener-
gy saving has been caused in




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MONDAY, FEBRUARY 5, 2007, PAGE 9



CARIBBEAN NEWS .

part by Cuba's dependence on
oil imports. Before he under-
went intestinal surgery last sum-
mer, Castro was in the midst of

- an energy-saving crusade in

which he distributed pressure
cookers and offered household
tips on TV. j

In contrast, Venezuela is the

_fourth-largest oil supplier to the

United States and has tradi-
tionally had little reason to wor-
ry about saving energy.

Internationally, some envi-
ronmentalists warn that
Chavez's plan to build a South
American natural gas pipeline
across Brazil to Argentina could
be an ecological disaster.

Others, such as Venezuelan
activist Deborah Bigio, say
Chavez has interesting ideas but
add that the government needs
to put even more emphasis on
environmental issues.

"I don't see clear environ-
mental policies in Venezuela,"
said Bigio, who heads the Foun-
dation for the Defence of
Nature. She said Venezuelans
need to be given more concrete
incentives to encourage them
to save energy and protect their
natural surroundings.

Venezuela, a country of 26
million people and about twice
the size of California, has huge
tracts of grassland and jungle
in a sparsely populated interior.
Most of the population is in the
north, where Caracas and other
cities generate the bulk of air
and water pollution and use
much of the energy.

Taking Cuba's lead,
Venezuela has distributed mil-
lions of fluorescent ‘bulbs in
recent months, giving a blue-
grey glow at nighttime to’slums
that used to be swathed in com-
mon yellow incandescent light.

"We see the savings," said
Francis Izquierdo, a single
mother in Caracas who said her
power bill is about half what it
was before the bulbs were
replaced in her barrio.

Chavez also said recently that
he will raise gasoline prices to

. encourage Venezuelans to drive

less, although he has not said
by how much.











TA

. “Authorized Dealer” ;







:



(AP Photo/Fernando Llano)

The country's heavily sub-
sidised gasoline price has not
been changed for years and is
among the cheapest in the
world, encouraging strong sales
of fuel-burning sport utility
vehicles. Filling up an SUV's
tank takes roughly $3 - less than
the cost of two jugs of drinking
water.

Chavez said he also plans to
open a solar energy research
centre to eventually produce KC

solar panels "in massive quan- [Raga ET? y rays O T OG :

tities" to supplement hydro- \
ephone: 325 4961 Wulff Road —

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Plot ertyts coLjorevucnele eta tour lhyary core et ain Comte euacokercnt
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need for oil-fired power plants.
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@ PRINCE Edward walks round the children uals

Pe bhiwomwe



@ HRH Prince Edward, Earl of Wessex, talks to students of Kingsway Academy on Saturday

morning at Goverment House in Nassau.



Position Available
Maintenance Technician

The Maintenance Technician shall report to the Maintenance Supervisor and must be
familiar with, understand and operate according to the relevant elements of the Coca-Cola
Quality System.

Main Duties & Responsibilities:

The Maintenance Technician shall be responsible for the following activities, within the
limits of his/her specific skill: ;

1. Ensure that all equipment works at its optimum level of efficiency by the:
- Installation and commissioning of all plants, equipment, services and utilities
- Maintenance of building and facilities (plumbing, painting, basic carpentry an
masonry and electric)
- Mainienance of forklifts and other vehicles , :
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P.O. Box N-1123

Nassau, Bahamas

ATTN: Human Resources Dept.
On Or Before Feb.16th, 2007







ES SESS

@ THE Bahamas National Youth Choir performed in honour of Prince Edward during his visit to
the Bahamas.





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THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 11

LS ese
Edward, Earl of Wessex talks to

youngsters at Government House



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PAGE 12, MONDAY, FEBRUARY 5, 2007






















Entry time
for National
Arts Festival

INAGUA All-Age School student Vashti Hanna performing
) dramatic piece at the E. Clement Bethel National Arts Festi-
val adjudication in Matthew Town, Inagua, last year.

Her performance earned her the top award in the Dramatised
Characterisation One Person class - Grades 10-12 - at the nation-
al level. ,

‘This year's adjudication is slated to start March 5, in New Prov-
idence: March 19, in Grand Bahama and March 26, in the Fam-
ily Islands.

‘The closing date for competition entry in New Providence and
Cifand Bahama is February 23, and in the Family Islands is
March 2.

There are late entry dates as well, which carry an additional fee
above the regular entrance fee. For further information, inter-
ested person can contact ;

ihe Festival’s Organizing Secretary Ms. Keva Cartwright,

allure Affairs Office Manager Ms. Regina Hamilton or Mr.
Wendell Demerritte at (242) 326-0152.

(BIS photo: Eric Rose)



LK QU

SS So

~S
N

CENTERING:

SEA BREEZE ESTATES

LOT NO. 132

PROPERTY SIZE: Two-storey
Residence (10,400 sq. ft.)
LOCATION: Golf Course Boulevard
(Past Seafan Drive)

APPRAISED VALUE: $397,256



o KENNEDY SUBDIVISION SUNSET MEADOWS SUBDIVISION
LOT NO. 48 LOT NO. 1
PROPERTY SIZE: Single Family Residence PROPERTY SIZE: Multi / Single Family
(4,000 sq.ft.) Triplex Apartment Building (10,149 sq. ft.)
a LOCATION: East Side of Vernon Street LOCATION: 187 Ft. West of Golden Isles
; . APPRAISED VALUE: 132,000 ‘ _ Road North of Cowpen Road

APPRAISED VALUE: $461,000







Meta Ma Clas eer ee Le



q. ENGLERSTON SUBDIVISION CHARLOTTE RIDGE SUBDIVISION
A LOT NO. 10 Block 47 LOT NO. 89
2 PROPERTY SIZE: Multi Family (10,062 sq. ft.) PROPERTY SIZE: Single Family (5,000 sq. ft.)
LOCATION: 1050 ft. South of Homestead LOCATION: South side of Churchill Avenue
i Avenue being the third lot bordering Boyd Subdivision
ae APPRAISED VALUE: $105,000 APPRAISED VALUE: $45,000 : :

AND POSTAL ADDRESS) TO CHERRY MISSICK, THE PLAZA, MACKEY STREET,

02-6200 FOR FURTHER INFORMATION. * WE RESERVE THE RIGHT TO REJECT



Ce

Se es ee

ALMEKA

Thompson Blvd.+ Oaks Field
t. 242.326.6377 ° f. 242.326.6315
e. sanpin@coralwave.com

-SANPIN MOTORS LIMITED

LOCAL NEWS ©



THE TRIBUNE







SN

@ CROOKED Island High School student Anthiniqueko Gibson performing at the E. Clement
Bethel National Arts Festival adjudication in Colonel Hill, Crooked Island, last year. Mr. Gibson

won the Guitar Solo, Open Class, (Community) at the national level.
; (BIS photo: Eric Rose).

National
oo

oe

x















singing at the E. Clement Bethel National Arts Festival
adjudication in Long Cay, near Crooked Island, last year.
Jasmond received the Luther Barnes Primary award, at the
national level.



(BIS photo: Eric Rose)



Experiment with thousands of
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THE TRIBUNE



Meyoy VENA

Senator alleges firm former

MONDAY, FEBRUARY 5, 2007, PAGE 13





by Babak still building warehouse

FROM page one

Bahamian contractor, with-
in five days “at a very big
loss” to himself, he said at
the time. He also denied
there was a conflict of inter-
est between the original con-
tract award and his GBPA
chairman post, and Interna-
tional Distributors of Grand
Bahama had not wanted to
release his firm from that
contract.

However, Mr Galanis last
night alleged that the com-
pany now working on the

International Distributors of .

Grand Bahama warehouse
was ABC, or All Bahamian
Construction Company.

He added that its address
on the sign at the warehouse
was listed as Freeport’s First
Commercial Centre. This,
and its PO Box and tele-
phone numbers - F-42692
and 351-4677 - were the
same as those that H & F

Babak had used.

Mr Galanis also alleged
that there was no record of
ABC’s incorporation lodged
with the Registrar General’s
Office, or of an application
or licence issued by the
GBPA. Nor was there any
record of H & F Babak’s
sale, he claimed.

Mr Galanis then alleged
that the GBPA’s Technical
Department had approved
building permits, in the name
of H & F Babak, for the
International Distributors of
Grand Bahama warehouse
on November 17, 2006, some
two months after the compa-
ny had been sold.

He added in a statement:
“It is said that the reason
that Associated Grocers ini-
tially selected H & F Babak
Construction Company to
build their warehouse was
because the type of technol-
ogy Associated Grocers
required was not to be found
with any other construction

| Mitchell: govt,
BPSU have come to
an understanding

FROM page one

most notably the promotions and salary concerns of the officers.
Mr Pinder claimed that some 200 Immigration and 420 Cus-

toms officers were requesting an increase in salary, but they

feel that their demands for higher salaries continue to fall on

deaf ears.

Mr Pinder threatened some form of industrial action if the
matters were not resolved within 14 days.

In respect of promotions of custom officers, Minister Mitchell
said recommendations have been already processed by the

Ministry of Public Service.

“They have been processed and they are on their way to the
Governor General for his signature,” Minister Mitchell told

reporters.

The minister said the Governor General indicated that it
would take two to three weeks for the promotions to be final-

ized.

Minister Mitchell also said Immigration Minister Shane Gib-
son had received a “preliminary list” of recommendations for
promotions for immigration officers, and that Minister Gibson
promised to send the recommendations onto the Department
of Public Service by the end of the week.

As for salary increases, Minister Mitchell said it was govern-
ment’s position that customs and immigration officers are not
considered “discipline forces”, like the Police and Defence
Force, which do not have a right to freedom of association

under the Constitution. ©

“Nevertheless,” Minister Mitchell said, “the government is
committed by way of a contract between BPSU and the govern-
ment to the completion of a compensation study at an early
time to determine the values of various jobs, so that these val-
ues can reflect with the actual value of what the salary should

be ”

completed.

The minister said salaries would be adjusted once the study is

Mr Mitchell said government had promised to rectify the
salary disparity between the Police Force and the Defence
Force when it came into office in 2002, and he claimed the gov-
ernment was stiil trying to resolve this issue.

Last week, Minister Mitchell told supporters at a “communi-
ty meeting” in Fox Hill that it was possible that members of the
Royal Bahamas Defence Force would see an increase in their
pay cheques as early as next month.

The Minister said: “That exercise is underway and it is
expected that the exercise will be completed shortly, and with
some good luck and goodwill, within the next pay packet.”

Minister Mitchell said government was working “expeditious-

ly” to resolve all of the issues.

Crystal Palace
staff take action

FROM page one

‘with casino workers.

In an exclusive interview with
The Tribune yesterday, BHMA
president Obie Ferguson
claimed that Crystal Palacie casi-
no workers had asked him to
be their spokesman.

“They met with me yesterday
and today, and they have asked
me to lead the discussion and
bring this matter to resolution,”
Mr Ferguson said.

Mr Ferguson said thiere was
no legal basis for the firing of
casino workers if they decided
to take industrial action.

“It’s a question of lalbour and
a question of capital, and work-
ers have the right to withdraw
their labour,” Mr Ferguson
explained.

According to a press release,
many of the casino staff feel vic-
timized and exploited and have
decided to “unite in solidarity to
make a difference.”

The press release says that
casino workers have not
received a raise in 12 years,
management has saturated the

(

casino with an unnecessary
number of staff, staff can no
longer exchange shifts amongst
colleagues, and the staff lounge
is in need of repair.

The casino workers are also
calling for the removal of an
Acting Casino General Manag-

er, who they are accusing of:

favouritism and poor manage-
ment skills.

The press release reads: “The
casino staff are well aware that
they cannot form a union. They
can however exercise their con-
stitutional right to associate as a
group. They have since formed
an association and have given
Mr Obie Ferguson permission
to speak on their behalf.”

Mr Ferguson told The Tri-
bune that any industrial action
conducted in the future would
be a “joint action” between the
hotel managers and casino
workers.

The proposed strike could
include all casino workers and
all managers and supervisors of
Radisson Cable Beach, Wynd-
ham Nassau Resort and Crystal
Palace Casino and the Nassau
Beach Hotel.

company in the Bahamas.
“On a visit to the site, it is
apparent that the warehouse
currently being constructed
is by the same method as the
method H & F Babak Con-
struction Company was

known for. If indeed this .

technology is reposed in no
one other than H & F Babak
Construction Company, it
must be that H & F Babak
Construction Company is the
company that is actually per-
forming the work at this
site.”

Remarks

The clear inference from

. Mr Galanis’s remarks is that

H & F Babak is operating
under a-different name; but
still constructing the Inter-
national Distributors of
Grand Bahama warehouse.
Other sources in Grand
Bahama, too, have also
alleged that the ‘sale’ of H
















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AST n mols)

& F Babak was more of a
‘parking’ or ‘lease’ arrange-
ment, where its personnel

. and equipment are leased to

another company. Yet with
Mr Babak no longer at the
GBPA’s helm, it may be dif-
ficult to see a remaining con-
flict of interest.

In addition, International
Distributors of Grand
Bahama had not wanted to
release H & F Babak from
the construction contract.

In an October 19, 2006,
letter written to Mr Babak,
International Distributors of
Grand Bahama's attorney,
Terence Gape at Dupuch &
Turnquest, said: “You will
also know that our client
raised repeatedly with you
during the negotiating of the
contract the potential issue
of you since becoming chair-
man of the Grand Bahama
Port Authority, and whether
this would present a problem
in any way in you and your
company undertaking these

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works. You repeatedly reas-
sured our client that there
would be no such problem.”
The attorney then added
that International Distribu-
tors of Grand Bahama felt it
had "an enforceable con-
tract" with H & F Babak,
and intended "to enforce the
same in accordance with all
terms and conditions".
"Our client does not agree
to release H & F Babak from

‘its obligations under the sub-

ject comtract, and will hold
that, company _ strictly
accountable for all its
covenants contained there-
in," Mr Gape said.

He added that Interna-
tional Distributors of Grand
Bahama selected H & F
Babak because its "singular
method of construction",
used to construct the Home
Centre (a building owned by
Freeport Concrete, a compa-
ny on which Mr Babak holds
a 43 per cent stake), with
"pre-cast, pre-stressed con-

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Contract

Mr Babak had written an
October 18, 2006, letter, ask-
ing for the company to be
released from the contract,
and in which he promised to
"personally indemnify"
International Distributors of
Grand Bahama for any loss
caused by“having to negoti-
ate with another contractor
or put the job out to re-bid.

Mr Galanis, who was
involved in a rival bid to Mr
Babak’s to purchase the
GBPA and its affiliate, Port
Group Ltd, last year, has
been a constant critic of the
GBPSA chairman, who is
currently prevented from
acting in that capacity by the
dispute between sharehold-
ers Sir Jack Hayward and the
estate of the late Edward St
George.












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[HE | HIBUNE



Ash from

@ PUERTO RICO
San Juan : |

A SPA has found a use for
ash spewed from the volcano
that ‘destroyed Montserrat's
capital in 1997: a new line of
‘soaps that combine the fallout
with rosemary, honey and
coconut, according toAssociated

_ Press. \

‘Lorenzo Cassell and his wife

Anne, who run the Emerald
Spa, say the gritty material -
belched out every few months
by the Soufriere Hills volcano
has a therapeutic quality. -

"T have always had a passion
for experimenting with the cre-"
ation of new products based on
what is available in the natural
environment," Anne Cassell.
said, me ae ;

Now available in gift shops
on the tiny British Caribbean
island territory, the couple
hopes to make the soap avail-
able in other countries and on
the internet this year. >.

_ The Soufriere Hills volcano
became active in 1995. An erup-
tion in 1997 buried much of the
south, including the capital of
Plymouth, and killed 19 people.

Share your

Call us on 322-1986 and
share your story. —











Montserrat volcano used to make soap



MONDAY, FEBRUARY 5, 2007, PAGE 15 —





"FUEL SURCHARGE 2006 - 2007 .



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4B) MonDAY, FEBRUARY 5, 2007 _

IRS

SAINTE RIVA TIONAL EDN idl aeolian

__MiamiHerald.com | THE MIAMI HERALD

Tax credits reward energy efficiency

° TAX CREDITS

“qualified energy property,”
meaning it must meet criteria
established by the 2000 Inter-
national Energy Conservation
Code and its supplements or,
for windows and certain other
items, bear the Energy Star
label.

How do you know if your
improvement meets the test?
The Internal Revenue Service
permits you to rely on the
manufacturer’s claim.

“You really are going to
have to rely on the promo-

WORKPLACE

tional material you get from
the manufacturer,” said Bob
Scharin, senior tax analyst
from Thomson Tax &
Accounting, who edits a
monthly journal for tax pro-
fessionals. “The IRS guidance
says you can rely on that. If
the IRS later finds that there
were inaccuracies, they can
fine that manufacturer.”
“Save your documenta-
tion,” says Mark Steber, vice
president of tax resources for
Jackson Hewitt Tax Service,
which has 6,000 tax prepara-
tion locations nationwide.

“Many companies who pro-
vide these types of property
have placed certifications on
their websites. Coupled with
proof of purchase, you should
be in good shape.”

Donna LeValley, contribut-
ing editor of J.K. Lasser’s
income tax guide, suggests
taxpayers check the Energy
Star website at http://www.e-
nergystar.gov for information
about energy-saving home
improvements. Energy Star is
a joint program of the U.S.
Energy Department and Envi-
ronmental Protection Agency.



CHRIS WARE/MCT

Kindness goes a long way

*KINDNESS

“aot che ones who.are landing.
the big accounts, says Maggie
Mistal, a career consultant in
New York. And some employ-
ers recognize and value that.

Boynton, 42, says doing
those nice things is just part
of her nature. “I want to do it.
Why not?” she asks. But New-
man says she sees her as “‘a
key person” in the company
and told her so in a recent
note that accompanied a bet-
ter-than-average holiday
bonus.

So, what’s’ behind these
good deeds? Donna Mont-
gomery, who. works in the
loan servicing department in
a bank in New York, says she
thinks ‘it bas to do with family
upbringing.

Or with passing along your

own good fortune, she says.

‘cneShe’s also: passing along
.these values to her two sons,

one of whom, Christopher,
was in the news recently
when he found a significant
amount of money a woman
had lost in a movie theater —
and turned it in to his boss,
the theater manager. The
message she sends to her
sons: “If you do a good deed
for someone else, it will be
returned to you.”

And, of course, sometimes
those good deeds do result in
new business.

The authors tell of Frank,
the gregarious security guard
in their office. A while back a
potential client from the Mid-
west came to visit, a little
wary of the Big Apple’s dog-
cat-dog reputation. But after
meeting Frank, the client said:

HOW TO BE NICER AT WORK AND MEAN IT

“This guy gave me a huge
hello....
thought, ‘How could I not
want to work with a company
that has someone like Frank?’

Apart from the potential of
a reward is the hit of positive
energy that some people say
they get from doing even the
smallest things to help create
a better-running office, such
as refilling the paper in the
copy machine or going an
extra step to help out a col-
league. “We all want to feel
connected, even us New
Yorkers,” says Paul Baard, a
professor of communications
at Fordham University. Doing
good deeds helps people feel
connected, he says, as well as
responsible for having made a
positive impact, no matter
how small.

® First you have to be nice to vourselt| in order to improve your “nice” quotient at work, says

- Darlene Aiken. How can you be there for others if you’re running on empty, says Aiken, author
of the self-published book How to be a Young Lady: Your Total Guide for Being the Best Possi-
ble You! “Take a moment to turn off the phone and relax” and work to recover ein what might
be months of self-neglect, she says.

® Band together with others. Kelly Daniele-Crosman, an attorney in Babylon, N.Y., describes
the pr ojects that she and other professional women, members of Zonta Club of Suffolk County,
a women’s service organization, engage in. The more than 40 members just donated clothing
and toiletries to a group of nurses who specialize in working with victims of sexual assault.
Ordinarily, victims can be called on to wear hospital gowns home after being treated for such
an attack, says Daniele-Crosman, president of Suffolk’s Zonta chapter.

® Avoid becoming the office doormat by learning to say “no,” but sandwich it between posi-
tive sentiments, says Linda Kaplan Thaler, co-author with Robin Koval of The Power of Nice -
How to Conquer the Business World with Kindness. lf you're asked to work yet another week-
end, say you're flattered to be thought of first for such assignments, but this weekend you have
a family responsibility. Still, you cquld come in early Monday or help find someone else to do

the project.

FINANCIAL AID

And all of a sudden I»

The Energy Star label indi-
cates a device meets govern-
ment energy efficiency guide-
lines.

Be warned, this credit isn’t
intended to apply to house-
hold appliances like dish-
washers or refrigerators, even
if they bear the Energy Star
label. It’s only for home
improvements that reduce a
home’s “heat loss or gain,”
according to the law.

You don’t have to submit
any of the supporting docu-
mentation with your tax
return, but you must submit

WALL STREET

Form 5695 showing your
credit calculation.

There’s another energy
credit in the tax code for
hybrid or alternative-fuel
vehicles, though applying it is
a bit trickier.

Taxpayers who bought a
new hybrid gas-electric car or
truck in 2006 are eligible for a
credit that depends on the
vehicle’s fuel economy,
weight and technology.

Complicating the picture is
the fact that the credit is
reduced on a quarterly sched-
ule after the quarter in which

the manufacturer reaches
sales of 60,000 of all its
hybrids and alternative fuel
vehicles.

For example, the popular
Toyota Prius originally quali-
fied for a top credit of $3,150.
Last Oct. 1, after Toyota
reached the 60,000 hybrid
vehicle mark, the Prius credit
fell to $1,575.

Taxpayers don’t have to
worry about calculating the
credit themselves or figuring
out whether the manufacturer
has reached the 60,000 mark.

_

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oS
a

ty
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4.

4 +

Double-digit growth - :
coming to an end?

*GROWTH

However, S&P said about
72 percent of the index’s
information-technology com-
panies have still beaten ana-
lyst estimates.

Dirk van Dijk, director of
research for Zacks Equity
Research, said stocks might
still post double-digit gains if
you take a different approach.
The S&P weights stocks in its
index to come up with the
growth rate, while van Dijk
said he prefers to use the
median number for all the
stocks combined.

Using this formula, the
S&P 500 shows some 13.2 per-
cent of growth thus far into
the earnings period. Materi-
als, energy companies and
financials have been showing
the most growth, he said.

“On a median basis, we are
heading for double-digit
growth, the fourth quarter is
shaping up remarkably like
thes ‘first three quarters of the

FOOT CARE

S&P said about 72 percent of the index’s
information-technology companies have still
beaten analyst estimates.

year,” he said. “It is safe to say
we're going to be in the 12-
to-14 percent range when all
is said and done.”

Also taking a different
measurement is Thomson
Financial, which estimates the
growth rate at about 10.4 per-
cent. The financial informa-
tion provider uses net income
that excludes one-time items,
then compares that to esti-
mated profit from those yet to
report. Thomson is also not as
strict as S&P is about what
items can be included or
excluded from the bottom
line.

Either way, stock advisors
say the market has already
priced in the likelihood
results will be in the high sin-
gle digits. Investors really
aren’t paying all that much

attention either way.

“Everybody expected this
to be the end of double digit
and arrival of single growth,
this isn’t a surprise,” said
Todd Salamone, senior vice
president of research for
Schaeffer’s Investment
Research. “As a stock market
investor, I’m OK with these
lowered expectations because
I’ve already factored it in.”

And Salamone isn’t alone.
Wall Street has been off toa
good start this year, with the
Dow Jones industrials setting
new all-time highs and other
indexes also reaching mile-
stones.

Just this past week, the
Dow rose 166.47, or 1.33 per-
cent; the S&P is up 26.2], or
1.84 percent; and the Nasdaq

climbed 40.39, or 1.66 percent.

Podiatr ists make strides for feet

*FEET

and accommodate the ground,
not be squeezed into pointy
toes or perched on platforms,
said Mutschler.

Although people tend to
neglect their feet, the number
of people turning to podiatry
is rising and that’s been good
for Footcare Express.

The vertically integrated
company was the brainchild
of Jarett Reinhartz, who
established it six years ago
after working in his father’s
office and with another set of
partners.

Reinhartz said the compa-
ny’s revenue rose after major
insurance companies began to
accept claims.

“We managed to get on all
the major plans and that was a
huge, huge plus,” Reinhartz
said. The company doubled
its revenue last year to about
$1 million in annual sales.

“This year we expect to do
a lot more than that,” Rein-
hartz said, adding that a grow-
ing part of the company’s
business — about 40 percent
of revenue — comes from
working with sports teams
such as the Miami Heat, Mar-
lins and Dolphins on diagno-
sis, rehabilitation and orthot-
ics.



: CO
MADE TO ORDER: Doctors take foot casts of their patients,
which they send to Footcare Express for the
manufacturing of orthotics.

“We work with the team;
the doctors will take their
casts and we will manufacture
the orthotics,” Reinhartz said.

Mutschler said he became
interested in the sports work
because he did his residency
with the team podiatrist for
The Heat.

The company has tried
other marketing techniques,
such as attending trade shows
and conventions and mara-
thons.

Reinhartz said many run-

‘ners are surprised to learn

that pain is avoidable. “You
should have soreness but not

pain,” he said.

Podiatrists treat a range of
foot problems, from corns,
calluses and ingrown toenails,

-bunions and fallen arches to

the more severe problems of
weak feet associated with dia-
betes or deformities that may
require specially made braces
or footwear. Footcare Express
can take care of all these
problems. Among the condi-
tions that orthotics can help is
plantar fasciitis, when the
tough connective tissue on
the bottom of the foot has
been injured so there is pain
stepping on the foot.

Student lenders’ ties to colleges being examined

“LOANS

competitive rates, not those
who offer the best perks to
schools or financial aid
administrators,” Cuomo said.

In an interview, Tamera
Briones, the chief executive of
Education Finance Partners,
defended arrangements her
company has with several
institutions in which it sends
money to the college based on
the amount students borrow,
with payments increasing
with loan volume. Briones
said loan terms did not
change based on whether a
school received such pay-
ments. ‘What I believe will
occur is, a thorough investiga-
tion will be done, I don’t
believe that the attorney gen-
eral’s office will find any sig-
nificant wrongdoing,” she

said.

She added that her com-
pany had cooperated fully
with Cuomo’s office.

Most of the colleges and |

universities getting letters
from Cuomo are outside New
York but may be subject to
the jurisdiction of the attor-
ney general because they
have students from the state.

LETTERS RECEIVED

Cuomo has sent letters to
10 California colleges, nine in
Pennsylvania and eight in
Massachusetts. Seven New
York institutions are getting
letters, as well as ones in
Michigan, New Jersey, South
Carolina and Texas, among
other states. Some colleges
and universities have already
received the requests.

St. John’s University in

The Student Loan Sunshine. Act would require
lenders to tell students that they might be
eligible for low-interest federal loans.

New York has received one,
said Dominic Scianna, a
spokesman, adding that its
lawyers were reviewing the
letter. So has the University
of Nebraska, said Kelly Bartl-
ing, a spokeswoman there,
and Boston University,
according to Colin Riley, a
spokesman.

John Beckman, a spokes-
man for NYU, which received
a letter, said, “We select pre-
ferred lenders based on the
competitiveness of their rates
for the greatest number of
NYU students and the quality
of the loan service they offer.”

John T. Milgrim, a spokes-

man for Cuomo’s office,
declined to answer questions
about how the schools were
selected to receive letters or
to provide a copy of a letter.
“The list’ of the schools was
compiled based on our inves-
tigation,” he said.

ARRANGEMENTS

The arrangements loan
companies have with colleges
and universities vary. One
type is what Education
Finance Partners has — pay-
ing a college increasing sums
of money based on Joan activ-
ity.

Other lenders, including

Sallie Mae, provide money to
an institution for loans to stu-
dents with poor credit, also
based in part on private loan
volume. Tom Joyce, a spokes-
man for Sallie Mae, said it was
cooperating fully with Cuo-
mo’s office.

But Joyce warned against
over-regulation of students’
options for financing their
education.

“Choices about lending
programs for students,” he
said, “and who ought to serve
a student and family popula-
tion are best made on the
campus by people who know
those students and tamilies
best.

“Those decisions should
not be made by bureaucrats in
Washington,” he added.

Joyce also warned that
excessive restrictions on pre-

ferred-lender lists may result
in students receiving a bar-
rage of bewildering direct-
marketing materials from
loan companies.

“Students are still going to
go to the financial aid office
and say, ‘Who do I work with,
what do I do?” he said.

The attention to preferred-
lender lists is one more sign
that access to higher educa-
tion has become a hot topic.

Just this week, Democratic
lawmakers and President
Bush appeared to compete to
raise the maximum amount of
money for Pell grants, federal
grants to middle- and low-in-
come students.

And House Democrats
with much fanfare passed leg-
islation last month to cut
interest rates on subsidized
federal student loans.



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@ By NEIL HARTNELL
Tribune Business Editor

~ THE Bahamas International
Securities Exchange (BISX) is
“fairly advanced” in having the
technology platform to facilitate
the listing and trading of gov-
ernment securities on the
exchange fully operational, its
chief executive told The Tri-
bune.

Keith Davies indicated that
BISX was looking forward to a
positive 2007, and that its strat-
egy of incremental organic
growth was paying dividends,
with another sponsor and mutu-
al fund likely to list on the
exchange’s investment funds tier
in “the next three months”.

This follows on from the
- approval of Credit Suisse Wealth
Management was a BISX spon-
sor member, joining Fidelity,
Colina and KPMG (Bahamas)
in this category, and the listing of
its three share-class segregated
accounts company, Protection
Strategy Fund, on the exchange.
This is the 12th mutual fund to
list on BISX.

“There are others we are
working on as we speak - spon-
sors and funds,” Mr Davies said.
“There are a couple of parties
we are talking to, to find out if
there’s a natural fit for us, and
what we have to do. ;

“In the next three months, if
things go well and there’s a rea-
son, we can see another quality
listing on the exchange. It’s
going to be very targeted.”

Mr Davies said that when it
came to growing BISX’s invest-
ment funds listings, and the pool
of associated sponsors, the
exchange was “going to seek out
quality to be affiliated with us”.

The addition of Credit Suisse
Wealth Management is a big
boost to BISX’s credibility and
standing in the investment funds
world by virtue of its name and
brand identity alone, and could
act as a magnet to attract fur-
ther listings.

“It goes back to the issue of
credibility,” Mr Davies said.
“Where a fund needs a home
and jurisdiction to work from,
BISX can provide it. It [Credit
Suisse] lends credibility to the
platform. we have. ;

“We have a platform that can
provide very good service to the
funds that are domiciled in the


























Exchange talking

Bahamas, and what we’re going
to do is seek out potential funds
and administrators who are
potentially good sponsor mem-
bers to come on the exchange.
“One of the things we see is
BISX acting as a stepping stone
for bringing on quality.”
Meanwhile, Mr Davies said
BISX had installed the hardware
and software for the technolo-

gy platform to facilitate the list-. .

ing and trading of government
debt securities on the exchange.

He added that the exchange
would today and tomorrow
make some modifications to the

platform, allowing for better _

integration between the various
functions of trading, clearing and
settlement.

“We have installed all the nec-
essary electronic equipment, all
the necessary software,” Mr
Davies said. “It’s on-site, it’s
operational. We’re making some
minor modifications.”

He added that BISX and the
Central Bank of the Bahamas
were “doing all the necessary
work to make this [listing of
public sector securities] come to
fruition”.

BISX's electronic platform,
apart from performing listing
and trading functions for gov-
ernment-registered stock and
Treasury Bill issues, would also
provide clearing and settlement
functions.

By transferring the Govern-
ment debt market on to the
exchange, it is hoped that cost
savings will accrue to both the
administration and Bahamian
taxpayers. It will also involve
multiple sectors of the Bahami-
an financial services industry.

Outstanding issues of govern-

ment-registered stock number.

more than 100, and have a total
value of more than $1.6 billion.

Outstanding issues of govern-
ment-registered stock number
more than 100, and have a total
value of more than $1.6 billion.

The listing and trading of this
on BISX, in addition to Trea-
sury bills and other government
paper, would more than double
the exchange's $2.7 billion mar-
ket capitalisation and give it crit-
ical mass.

é

It would increase investment
options for Bahamians, deepen
capital markets liquidity, and
improve transparency associated
with public sector debt issues.

By transferring the Govern-
ment debt market on to the
exchange, it is hoped that cost
savings will accrue to both the
administration and Bahamian
taxpayers.

The electronic platform would
provide "a sense or orderliness"
and timely delivery of govern-
ment debt issues to the market.

On the funds side, Mr Davies
said BISX had to provide spon-
sors and funds with “the services
they need to elevate their
funds”, giving them a reason to
list on the exchange and a tool
through which to grow their
business. .

He added that it was all about
meeting their needs and growing
the industry.

Mr Davies added that the
Bahamas needed “a deeper,
wider base of attorneys” to han-
dle the complex fund instru-
ments and structures used in the
global funds market, while in
some instances the expertise of
fund administrators had “been
an issue to some degree”.

On Credit Suisse’s Protection
Strategy Fund, Mr Davies said:
“It’s part of our plan for incre-
mental progress. It’s a creditable
fund, a segregated accounts
fund, the first one of its kind to
list on the exchange. It’s a dif-
ferent instrument, it’s relevant,
and shows we can provide the
service.

“My goal is to be able to
attract more listings in greater
volume over time. Let’s walk
properly until we can run.”

In a press release, he added:
“By Credit Suisse joining BISX
as a sponsor member, they are
now able to bring mutual fund
listings directly to BISX, and by
extension BISX is able to direct
the many business inquiries it
receives to its newest member,
particularly given its extensive
business capability.

“We believe that this: affiliasc:

tion gives Credit Suisse the
opportunity to offer more ser-
vices to their wealth manage-

Lot #53 Twynam Heights
Off Prince Charles Drive.

With two-story Residence.

For conditions of sale and any other information, contact

ment clients, and by becoming a
member of our exchange, we
expect to give their company a
higher level of creditability with







MANAGER - PRIVATE BANKING & WEALTH MANAGEMENT SERVICES

PROFILE:

+ Bachelors Degree in Finance

¢ STEP Qualification

+ 10 years experience in advising clients on fiduciary services and developing
appropriate legal structures

+ Superior organization; communication, interpersonal and computer skills

THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 5B

BISX ‘fairly advanced’ on public debt platform

to other potential fund listings and sponsors; hopes for results ‘in three months’

respect to regulation and com-
pliance. “The value and visibili-
ty that accrues to funds from
being connected with a regulat-

Jn

FIDELITY BANK (BAHAMAS) LIMITED

A MEMBER OF THE FIDELITY GROUP OF COMPANIES

invites qualified applicants for the following position:

MANAGER -
Private Banking & Wealth Management Services

The applicant must have the following minimum qualifications:

RESPONSIBILITIES INCLUDE:

* Client Relationship Management

+ Investment of client funds

* Monthly management reports

* Quarterly reports to clients

» Business development and marketing activities
+ Account opening formalities

+ Invoicing & booking fees

» Estate Planning

« Administration of Trusts

+ Production of trust deeds, letter of wishes & testamentary trusts
- Training, management and coaching of staff

Send resume no later than February 7th, 2007 to:

The Human Resource Director
Fidelity «51 Frederick Street
P.O. Box N-4853 » Nassau, Bahamas

f: 326.3000

e-mail: careers @fidelitybahamas.com

ed exchange such as BISX gives
investors the comfort that they ©

‘desire when examining invest-

ment opportunities.”





Infertility can be a stressful and emotional condition. Knowing your



compassionate physician is the best place to start. The Health

options and getting your questions answered by a caring and



















Centre for Women presents:

D. L. Marche
| at
356-1400.

IVF Bahamas Lid.

Experience The Miracle At Home
Let our family help you start yours.














Dr, Anthony Carey, Founder & Director of The Health Centre For Women
~ and IVE Bahamas Ltd. and Dr, Juergen Eisermann of The South Florida
institute For Reproductive Medicine are proud to present the first of several

- educational seminars regarding infertility treatment options in The Bahamas.



PEPSI-COLA BAHAMAS BOTTLING COMPANY

Applicants are invited from suitably qualified individuals to fill the position of:
PRODUCTION MANAGER During each seminar, attendees will gain valuable information about where
to start, what to look for; who to tum to for help, and how to overcome
their sense of hopelessness. The seminar series begins with the basics
of infertility and proceeds to clarify the spectrum of reproductive medicine
and infertility as it relates to the patient. Dr. Carey will also discuss the
opening of the first In Vitro Fertilization clinic in the Bahamas, MF Bahamas Ltd.
Attendees may attend one, some or all the free seminars.

The incumbent will have overall responsibility of managing all aspects
of the manufacturing operation which include the control of raw material
utilization, finished goods production, quality assurance and plant
maintenance.



Ideal candidate would at minimum have an Associate’s Degree in a
technical field, experience in Supervisory Management and five years

experience in manufacturing plant operations Doctor’s Hospital

Collins Avenue & Shirley Street
Nassau, Bahamas

Thursday, February 8" 2007
6:00 p.m.

For more information about VF Bahamas or the
upcoming seminar call The Health Centre
For Women at 322-6619





Human Resources Manager
P. O. Box N-3004

Nassau, Bahamas

FAX: 364-2123

Please send resume to:



IVF Bahamas Ltd.

Experience the Miracle at Home

Telephone calls will not be accepted.





PAGE 6B, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE





NOTICE

PATERSON FIDELITY CORP.
Is Voluntary Liquidation

LIQUIDATIOR’S STATEMENT
PURSUANT TO SECTION 137(4) OF THE
INTERNATIONAL BUSINESS COMPANIES ACT 2000

Notice is hereby given that in accordance with Section 137(4) of the
international Business Companies Act, 2000
PATERSON FIDELITY CORP. is in dissolution.

The date of commencement of dissolution was 29th November, 2006.

Mr. Daniel Eisenberg, with domiciled at Tucuman 1667, Floor 1° “D”,

CP 1050, Argentine
~ Republic i is the Liquidation of PATTERSON FIDELITY CORP.

Daniel Eisenberg
Liquidator



Mature Male for the position of General Clerk:
Data Entry, Messenger duties.

“Requirements (these are a must):

Age 21-25 years;

A High School Graduate with BGCSE

passes in English and Math at Grade °C’ or above;
Computer Literate (MS Office);

Hardworking, Honest, Reliable, and

Possess a valid Drivers’ Licence

Fringe Benefits include:
¢ Life and Health Coverage
e Pension

Interested person should submit their Resume along
with the following:

¢ Acurrent Police Certificate
¢ Two (2) Character References

Manager Human Resources

HSBC Nassau P.O. Box N-4917
..Nassau,, Bahamas

or

Fax: 502-2566/2577

TARAS

Application Deadline: Friday, 9 February 2007



Store aims
to empower
Bahamian-made
products

m@ By CARA BRENNEN-
BETHEL
‘Tribune Business
Reporter

A NEWLY-opened bou-

tique store aims to benefit |

Family Island artisans by
sourcing their high-quality
Bahamian-made products and
selling them in Nassau to visi-
tors and locals alike.

Pearls of the Bahamas is
located in Saffrey Square, Bay
Street, and is the brainchild of
young Bahamians, Brenton
and Andrea Saunders, who
also own the Genesis Land-
scaping company.

At its opening on Thursday
night, Mr Saunders said the

store’s creation was a dream
realisied.

“We are here to launch what
we call our dream -a unique
presentation of Bahamian-
made fine collectibles and
quality Bahamian talents that
we have put together,” he said.

“We are proud to present
the talent that we have here in
the Bahamas; to showcase it
all in one spot. We have tal-
ent from several of the islands
thus far. We want to bring tal-

ents from all over the Bahamas ,

and unite them in one spot.”
Mr Saunders said the store
aims to showcase the best tal-
ent and the best hand crafts-
manship, not only to Bahami-
ans, but to offer it to the world.





CQ

© happen for you!



PHASE I




March 1, 2007 6pm-9pm



Close Campus

Telephone:

. Become self-sufficient and acquire the skills to
start and successfully run your own business.
Alpha Entrepreneur ial Management Training &
* Consultancy Services (AEMTC) can make it

February, 19, 20, 22, 26,27 &

PHASE II- A One-Day Seminar
February 24, 2007 9am-3pm

The College of The Bahamas, Grosvenor
(GCC) Room 113, Shirley Street

393-5961 or 323-5195
E-mail: alphaenttraining@yahoo.com

CALL & REGISTER RIGHT NOW!
SPACE IS LIMITED!






















Sandringham House
Shirley Street

Nassau, Bahamas

Tel. 242-393-8618
www.bahamasrealty.bs
www.cbrichardellis.com

2,311 sq.ft. (Ground Floor).
1,564 sq.ft. (storage). ,
* 24 on-site parking.
* Immediate occupancy.
* Rental rate $25.00 per sq.ft. plus service chg.

| = } —}

Pricing Information As Of:
200

Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

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

Finco

FirstCaribbean

Focol

Freeport Concrete

ICD Utilities

J. S. Johnson

10.25
6.90
0.70 |
1.26
1.12
9.00
1.64
9.05
4.22
2.40
5.54
10.70
10.90
10.00
0.50
7.10
8.52

BAHAMAS REALTY tv

COMMERCIAL

fs apscciotign wit:

CBRE

CB RICHARD ELLIS
NAVIGATING A NEW WORLD



= ) FIDELITY

0.00%
4.21%)
4.65%
3.45%
3.15%
0.00%

Mr Saunders and his wife
eventually want to launch a
line of Bahamian-made toiletry
items, such as soaps and
lotions, as business continues.

He told The Tribune he felt
there was a need for quality
Bahamian products to counter
what is currently offered in the
Straw Market, as he feels that
in many cases they do not give
a true representation of
Bahamian talent and culture.

Also attending the event was
the minister of tourism, Obie
Wilchombe, who congratulated
the couple for being able to
execute their vision.

“In the midst of our devel-
opment, 40 years after we
obtained majority rule in this
country, you will serve as a
symbol of the success of how
far we’ve come, because there
was a time when you would
work for somebody,” he said.

“But now we’re beginning
to own and take ownership of

From Dr. Roopi Alpha
Selahseei Bernadette

our country, whether it’s our
intellectual capacity and our
intellectual ownership, or
whether it’s the businesses that
we have. We’re going to own
this whole country, all of it,
because of men like you who
have come together and are
dreaming big dreams, and set-
ting the examples. When peo-
ple hear of you now, they see
you differently and you are the
kind of individuals that I wish
to lift up at all times, because
that is what our job is all about.

To have a great country we

have to have great citizens, and
you are great citizens.”

The couple have hired one
person so far, but hope to
expand that number to at least
three persons.

Pearls of the Bahamas offers
a variety of items for sale,
including straw bags, jewellery
sets, candles with Bahamian
coins in them, and decorated
pottery and ceramics.



La Tonyah



BUSINESS FOR SALE

Well established Fashion Retail :
Business. Well known and

respected worldwide Franchise:

20 years at same prime location. \.
P. O. Box CB11098

le idiomes

EFG @ Bank



& Trust (Bahamas) Ltd

POSITION AVAILABLE

A growing offshore financial institution is currently
seeking to fill the following position:

CREDIT RISK OFFICER

The position will entail the administration and
maintenance of credit risk, inclusive of preparing,
evaluating and processing loans and other credit
instruments offered by the Bank. Additional duties
and responsibilities will encompass the preparation
of weekly and monthly reports.

Minimum preferred qualifications: Degree in Banking
and Finance or equivalent, plus two (2) years’ related

experience.

Analytical skills: The ability to read and proficiently
interpret financial statements is required.

y

es Wil
esi - ony
12.25 Bahamas Supermarkets
7 Caribbean Crossings (Pref)
0 RND Holdings

ee: ie

14 0 Bahamas Supermarkets
ae Holdings

inter Securities
Last Price
14.00
8.25 10.00
AS oes 0.55 wen nee, ;
Colina Over-The-Caunter Securities
41.00 43.00 41.00
15.50 14.00
0.55 0.45 _
‘BIBK Listed Mutual Funda.
YTD% Last 12 Months

Weekly Vol.

1.365
0.640
0.000 —

15.60

0.000 —
1.320
e000 |



Fund Name Div $ Yield %

~ a Colina Money Market Fund 1.326132*
2.6662 Fidelity Bahamas G & | Fund 2.9728***
2.3220 Colina MSI Preferred Fund 2.500211**
eee Colina Bond Fund 1.217450****



7 10.00! Fid
LAs:
BISX ALL SHARE INDEX - 19 Dec 02
52wk-Hi - Highest closing price in last 52 weeks

5S2wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings



ast 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask §$ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

NAV KEY

* - 26 January 2007
*-31 December 2006
*** .31 December 2006

*- 31 December 2006

31 Dec ember 2006

SAS 304-2803



YI, CALL: COLINA 242-802-7016 7 FIDELITY 240-356-7764 / FOR MORE DATA & INFORMATION CAL



Working knowledge of Microsoft Office is essential,
including Word and Excel; written and spoken Spanish
would be an asset; the candidate should have good
organizational skills and be a_ self-starter.

Compensation will be. commensurate with
experience. Interested applicants must submit
applications by February 13, 2007 to:

EFG Bank & Trust (Bahamas) Limited
Human Resources Mapager

(Re: Credit Risk Officer)

P. 0. Box SS-6289

Nassau, Bahamas

or fax to (242) 393-1161

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THE TRIBUNE

MONDAY, FEBRUARY 5, 2007, PAGE 7B



Cable ‘fibre
break’ see no

interruption

m@ By NEIL HARTNELL
Tribune Business Editor

CABLE Bahamas said
Internet and data services to
its clients were not interrupted
in July despite suffering “a
fibre break” in segment one of
the BCIS network, which pro-
vides two fibre-oiptic commu-
nication links to the US.

The company described the
break as accidental, and it cer-
tainly did not disrupt its 2006
third quarter performance, as
net income rose 31 per cent to
$4.6 million. For the first nine
months, net income was ahead
by 28 per cent or $2.9 million
at $13.4 million.

Revenues

Total revenues for the three
months to September 30, 2006,
hit $16.7 million, a 16 per cent
rise on the previous year’s
$14.3 million, as “all business
segments had double-digit rev-
enue growth, contributing to
the strong upward movement
in overall revenue”.

In his update to sharehold-
ers, Brendan Paddick, Cable
Bahamas’ chairman, said the
company’s core cable televi-
sion business saw revenues
grow by 12 per cent, largely
due to a more than 6 per cent
increase in subscribers.

This number rose from
68,300 in the 2005 third quarter
to 72,400 by September 30,
2006, and Cable Bahamas said

- the growth was driven by its

Amos Cox



Company sees
‘double digit growth’
in all revenue lines

Oceans digital TV service.

On the Coralwave Internet
side, Mr Paddick said sub-
scriber numbers rose by 19 per
cent year-on-year at the end
of the 2006 third quarter, from
28,800 in the 2005 comparative
period to 34,000. Revenues
rose from $4.1 million in 2005
to $4.9 million.

Mr Paddick said: “Our
broadband access is available
to some 92 per cent of the
country’s population, which
contributes in placing the
Bahamas in the enviable posi-
tion of being number one in
the region and in North Amer-
ican when we consider the
broadband access per house-
hold.”

On the data business, rev-
enues for the 2006 third quar-
ter hit $2.1 million compared
to $1.8 million the year before,
a rise of 17 per cent.

Segment

Cable Bahamas said this seg-
ment was showing “good
growth and is contributing

greatly to our non-cable rev-
enue performance”.

* FirstCaribbean Interna-
tional bank said its parent
CIBC now owns 91.49 per cent
of its issued and outstanding
share capital in the Barbados-
based institution, which is the
more than 95 per cent owner
of FirstCaribbean Internation-
al Bank (Bahamas).

Investments

CIBC Investments (Cay-
man) offered $1.6335 per share
for all shares in FirstCaribbean
that were held by minority
investors, following CIBC’s
purchase of Barclays’ stake in
the bank.

Some 129.804 million shares
were tendered during the offer
period, which closed on Janu-
ary 30, 2007. CIBC Invest-
ments (Cayman) has indicat-
ed that has taken up and
intends to pay for all tendered
shares.

Public Notice



Natasha Dean

Are No Longer employed at British American
Insurance and is not authorized to conduct
any business on behalf of the Company

For further information please
call our independence office

at 461-1000

YO

Established 1920

BRITISH
AMERICAN
aes

949-461-1000 | batinancial @babinsurance.com

Freeport 242-352-7209 Exuma 242-336-3035









Nt Atlantic Medical
DIRECTOR OF OPERATIONS

Atlantic Medical Insurance (AMI),a subsidiary of Colonial Group International
Limited (CGIL) headquartered in Bermuda, is seeking a Director of Operations
for the medical claims and eligibility departments of AMI in the Bahamas.








CGIL, with offices in Bermuda, the Bahamas, the Cayman Islands, and
the British Virgin Islands, offers a complete range of premier financial
and insurance services to both local and international clients. This is an
opportunity to be part of a rapidly growing innovative company, focusing on
providing clients with first class service and access to competitive products.

The Director of Operations will be responsible for the overall
day-to-day management of the medical claims, customer service,
administration and eligibility departments with a primary focus on the
claims area. These responsibilities will include monitoring and evaluating all
activities and procedures and introducing and monitoring structured audits
as well as productivity standards. This position will also be responsible for
developing and training staff in areas that are essential to efficient company
operations. It is essential that applicants possess the following qualifications:





* 10 years experience managing claims and eligibility departments within the
health insurance industry, including the development and implementation
of procedures and audits.

- Experience of working within the US healthcare system and experience

of US claims processing, provider and network discounts and negotiating

contracts with independent service providers.

Minimum 10 years’ supervisory experience with the ability to train and

mentor staff.

* Thorough understanding of group employee health benefits including

medical, dental, life, and disability.

Superior communication and organisational skills as well as a:

service-oriented approach.

Proven ability to negotiate with external and internal clients and work

under pressure. aot















Compensation for the successful candidate will be attractive and linked
to performance. CGIL offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan,and life insurance.





If you have a keen commitment to quality results and want to contribute your
talents to a dynamic company, contact us about this opportunity. Applications
will be treated in the strictest confidence and should be made in writing to:










































Atlantic Medical Insurance
P. Box SS-5915
Nassau, Bahamas
or

email address for electronic submission of applications —
hr_manager_bm@colonial.bm

Closing date for applications is February 15, 2007.

EFG @ Bank & Trust (Bahamas) Ltd

POSITION AVAILABLE
Chief Investment Officer for International Private Bank

Job Responsibilities:



¢ Provide discretionary and advisory investment management services -
to diverse international high net worth client base;

¢ Support Client Relationship Officers (CROs) in growing and maintaining
the Bahamas office investment book;

© Coordinate with other EFG International Investment teams to develop
and communicate investment ideas, products and solutions to CROs
and clients; .

¢ Manage, develop and mentor the Investment Management Team of
traders and analysts;

° Serve as Chair of the Investment Committee;

e Work closely with Compliance Department to ensure on-going
compliance of Investment Management & Trading policies and
procedures with relevant regulatory bodies and corporate directives;
representing industry- wide best practice.

Qualifications:

Advanced Investment Management Degree or Qualification such as
CFA

* Minimum of 15 years’ Investment Management experience in Private
Banking setting

¢ Proven quantitative skills and analytical background with investment
portfolio analysis

¢ Strong managerial, written and verbal communication skills

¢ Ability to evaluate overall portfolio risks and exposures in a risk
management framework

* Working knowledge of additional languages would be an asset

* Willingness to travel as necessary



The individual must be an excellent team player and work closely with all
areas in EFG. Compensation will be commensurate with experience. Interested
applicants must submit applications by February 9, 2007 to:

EFG Bank & Trust (Bahamas) Limited
Human Resources Manager
(Re: Chief Investment Officer)
P. O. Box SS-6289
Nassau, Bahamas
or fax to (242) 393-1161



PAGE 8B, MONDAY, FEBRUARY 5, 2007 _ THE TRIBUNE BUSINESS






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Visit our website at www.cob.edu.bs—_— Epu .



THE COLLEGE OF THE BAHAMAS |
CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES
Computer Offerings - Spring Semester 2007



THE COLLEGE OF THE BAHAMAS
FACULTY VACANCY |

Applications are invited from suitably qualified individuals for the following position:

EAN, FACULTY OF PURE & APPLIED SCIENCES








D






The office of Academic Affairs oversees-the administration of academic services at
The College, including the development and implementation of curricular activities,
academic policies and regulations. The Dean of the Faculty of Pure & Applied
Sciences is responsible to the Executive Vice President of Academic Affairs and has
supervisory function for the Schools of Sciences & Technology, Nursing and Allied
Health Professions. In assisting with the execution of the responsibilities of the Office
of Academic Affairs, the Dean will undertake duties that entail:



























COMPUTER APPLICATIONS | . EFFECTIVE POWERPOINT QUICKBOOKS















































































iSti i j ic] ver j icies: This course is for the beginner who knows = PRESENTATIONS This course trains new and existing small
Assisting with the I eview and revision of academic Policies > very little about computers and does not This workshop is designed to provide business entrepreneurs (fewer than 20
e Co-or dinating curriculum development initiatives within and across Schools understand how it works, This course participants with an overview ol the employees} i organizing arid managing their
; a Gs covers the major computer concepts with / fundamentals of Microsoft PowerPoint. It accounting using QuickBooks Pro software.
mm the F aculty and across Faculties; , : extensive hands-on practice using various focuses on developing effective and dynamic Students will learn how to set up their
e Facilitating School and Faculty-level goal development and implementation software, including: PowerPoint presentations. company files, chart of accounts, budget and
activiti : () Microsoft Office - Word Processing customer, vendor and employee files.
ac IVI 1€s . L (ii) Microsolt Excel - Spreadsheet Pre-requisite; None ,
e Monitoring Faculty/School-level timetable of courses, Faculty workloads (il) Microsoft Access - Database ie Tues {th March 2007 Pre-requisite: None
thiliti : A Beat arteti Fy ‘ Management. Time: :30am - 4:30pm Begins: Tuesday, 27th February 2007
and responsibilities, cross moderation and assi gnments to part-time faculty; ; Ohuralioge ®t day Tine: scent < 6:00am
e Facilitating the offering of programmes at The College’e various sites; Ere tetalalas thy Ee Dees telnet fen eah Doratir ones
Determining decisions relative to student academic requests such as, egins: pee Sane 2007 Fees: $160.00 Venue: CEES Computer Lab
programme changes, credit overloads, extraordinary sitting of examinations, Section 01 (CEES) pen TERMS) ; deg ey colar a
F i i 3 eae “fy Bais oD gt is course covers basic concepts o
transfer of cr edits, gr ade changes, independent studies, and lifting of pl obations Saturday, 3rd February, 2007 Information Technology. The course provides Targeting persons who would fike to create
and suspensions; 10:00am - 1:00pm training in these areas: Basic Hardware their personal web pages, this course
‘ MSs > : ‘ * ‘ Section 02 (CEES) Proficiency, Application Features Proficiency. will caver Web page creation, Web site
: Vetting new faculty applications for employment In con} u nction with the Duration: 12 weeks Operating System Proficiency, Internet and Management and HTML. Specific topics will
Executive Vice President, Academic Affairs and respective Chairs; Venue: CEES Computer Lab Email Proficiency. include Formatting, Graphics, Multimedia,
. . . . . . eee . . ition: a TAS fes and h ing o Ages.
e Assisting the Executive Vice President, Academic Affairs with the vetting suntiae stot pravanitane Ate ROA IS ad Holes are SLM OF WER Degas
and approval process for faculty and conference leaves; COMPUTER APPLICATIONS #1 Begins: Wednesday, 7th February ———Pre-requisite: Participants must be
Bogie : . so 3 : Bat hes Cha This course covers the advanced concepts 2007 computer literate and have
° Liaising with var. 10us governmental and/ or private gECheIS regal ding with extensive hands-on practice using Time: 6:00pm - 9:0Gpni \ a basic knowledge of
educational/academic concerns relative to The College’s mandate; sae satware, ar Duration: 12 weeks om = word processing a
oat : ae (I) Microsoft Office - Word Processing enue: omputer La afes: st & 2nd March,
. Assisting with faculty assessment & development; 7 (ii) Micrasoft Excel - Spreadsheet Fees: $450.00
e Co-ordinating special projects (e.g. seminars, workshops, conferences, etc.) il) Microsoft Access - Database Time: 9:30am - 4:30pm
Management. PC UPGRADE AND REPAIR Duration: 2 days
De 7 This course is a hands-on introduction to Venue: CEES Computer Lab
The successful candidate must possess a Doctorate in the relevant area, be at the Pre-requisite: Computer Applications | technology systems for use in information Fees: $550.00
: P l l h 1 10 Bara ype 1 ; k : Begins: Thursday, 8th February, 2007 — environments. The course will cover the
Associate Professor leve , and have at least years relevant work experience Time: 6:00pm - 9:00pm following topics: Basic Hardware, Operating
Duration: 12 weeks Systems, Troubleshooting and Repairs




including at least five (5) at a supervisory level. Excellent analytical, organizational,





















4: : : a age sbille nea x : Venue: CEES Computer Lab
report writing, presentational and interpersonal communication skills are required Fase: $550.00 Pre-requisite: None
for this position. Begins: Monday 12th February 2007
Time: 6:00pm - 7:30pm
; . . Monday & Wednesday
The initial term of appointment is four years, with eligibility for renewal of the Duration: 12 weeks
Venue: BHTC Computer Lab




Fees: $500.00



appointment.








All fees are included with the exception of the application fee of $40.00 (one time). When submitting application,
kindly provide copies of the first four pages of your passport. CEES reserves the right to change Tuition, Fees,
Course Content, Course Schedule and Course.

Associate Professor Scales: $47,747 X $1,100 - $75,247




Interested persons must submit a detailed resume by February 19, 2007 to:





The Director
-« Human.Resources

P. O. Box N-4912
Nassau, Bahamas





Personal Development - SPRING SEMESTER JANUARY 2007

| Have zoe done anything COURSE SECT COURSE TIME DAY START DUR FEE
special for yourself today? © © srw

























ACCOUNTING

Try a Personal Development Course/Workshop at COB’s —accagog ot ACCAFOR BEGINNERS | 6:00-8:00pm Mon/Wed 12-Feb 10 wks $250
Centre for Continuing Education and Extension Services... ACCA901 —01_—— ACCA FOR BEGINNERS I 6:00-8:00pm — Tue/Thurs 13-Feb 10 wks $275

‘ ; ACCAS02 —«01.—s ACCA FOR BEGINNERS I 6:00-8:00pm Tue/Thurs ,13-Feb 10 wks $300
With one of our courses, you can gain
new job skills, increase your chances for = BUSINESS
promotion or just learn something new for BUSI900 =O CREDIT & COLLECTIONS | 6:00-9:00pm Tue 27-Feb Bwks $225
personal satisfaction. With your success CUST9O0 «01. SUPERIOR CUSTOMER SERVICE W/S 9:30am-4:30pm Thurs —«-22-Feb tday $170
in courses such as Massage Therapy, BUSII04 «01s INTRODUCTION TO BUSINESS | 6:00-9:00pm Thurs 1-Mar 10 wks $225





Drapery Making, Floral Design, Make-up















Application or Nail Art Technician, you ’ COMPUTERS :
could even start a small business. Sign up COMP901 Q1 = COMPUTER APPLICATIONS | 8.00-9-00pm Mon 5-Feb 12 wks $450
for a course today. COMP901 02 COMPUTER APPLICATIONS | 10:00am-1:00pm Sat 3-Feb 12 wks $450
, COMP902 Q1 COMPUTER APPLICATIONS II 6:00-9:00pm Thurs 8-Feb {2 wks $550
COMP903 01 INFORMATION TECHNOLOGY | 6:00-9:00pm Wed f-Feb f2wks $450
COMP 941 01 QUICKBOOKS §:00-9:00pm Tue 2f-Feb Gwhs $330
COMP953 01 PC UPGRADE AND REPAIR 6:00-7:30pm Mon Wed = 12-Feb 72 wks $400
COMP960 01 EFFECTIVE POWERPOINT W/S 9:30am-4:30pm Thurs 8-MarTday = $180




COMP930 ~ O01 WEB PAGE DESIGN WORKSHOP 9:30am-4:30pm Thurs‘Fri ss 1-Mar 2 days $550





COSMETOLOGY
COSM802 Qi MAKE-UP APPLICATION 6:00-9:00pm Mon 26-Feb Swks $225










COSM804 Q1 MANICURE & PEDICURE 6:00-9:00pm Tue 2?-Feb Swks $225
COSM807 01 NAIL ART TECHNICIAN 6:00-9:00pm MonThurs 26-Feb 6 wks $500
DECORATIN

DECO8NO — -Q1 INTERIOR DECORATING. 6:00-9:00pm Wed 28-Feb Bwks $225
DECO801 Q1 INTERIOR DECORATING 1! 6:00-9:00pm Tue 27-Feb Swks $250
FLOR&00 01 FLORAL DESIGN | 6:00-9:00pm Tue 27-Feb 10 wks $225
FLOR8O1 01 FLORAL DESIGN HI 6:00-9:00pm Mon 26-Feb TO wks $250















ENQUIRIES
Email :: perdev@cob.edu.bs

FLOR802 0

FLORAL DESIGN Ul 6:00-9:00pm Thurs “{-Mar 10 wks $300




ENGLISH
ENG 800 01




All fees are included with the exception of
the application fee of $49.00 (one time),

EFFECTIVE WRITING SKILLS 6:00-9:00pm Tue 2f-Feb Bwks $225




CEES reserves the right lo change Tuition,




Fees, Course Content. Course Schedule
and Course Materials.











Contact the | coordinator


















MASG900
MASG901
HLTH900

MGMT900
MGMT901



MEDICAL
MEDT900

SEWING
SEW 800
SEW 802
SEW 808
SEW 806
SEW811
SEW 804

a1
Ot
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01
01

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=

HEALTH & FITNESS

MASSAGE THERAPY ESSENTIALS |
MASSAGE THERAPY ESSENTIALS II
GROUP FITNESS INSTRUCTOR

' MANAGEMENT

HUMAN RESOURCE MANAGEMENT |
HUMAN RESOURCE MANAGEMENT I

MEDICAL TERMINOLOGY

BASICS OF FREEHAND CUTTING |
BASICS OF FREEHAND CUTTING II
DRAPERY MAKING |

DRAPERY MAKING Il
UPHOLSTERY MAKING |
BEDROOM DECORATING |

6:00-9:00pm
6:00-9:00pm
6:00-9:00pm

6:00-9:30pm
6:00-9:30pm



6:00-9:00pm

6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
1:00- 10:00pm

Thurs
Mon
Wed

Thurs
Mon

Thars

Man
Thurs
Tues
Wed
Wed
Sal

22-Feb
26-Feb
28-Feb

8-Feb
5-Feb

22-Feb

26-Feb
22-Feh
27 -Feb
28-Feb
28-Feb
24-Feb

10 wks
10 wks
10 wks

12 wks
12 wks

10 wks

10 wks
10 wks
10 wks
10 wks
10 wks
10 wks

$465
$620
$400



$250
$300



$225



$225
$250
$225
$250
$225
$225







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THE TRIBUNE BUSINESS MONDAY, FEBRUARY 5, 2007, PAGE 9B






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Visit our website at www.cob.edu.bs




















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TIMETABLE OF CLASSES — TIMETABLE OF CLASSES

|
_ Master’s Degree Programme
in Library & Information’Sciences

Master’s Degree Programme
in School‘Counselling

SPRING SEMESTER SPRING SEMESTER

Date Course Time


























Date ae Friday, Jan. 12, 2007 CHDS 682 - Career Development 5:00 pm — 9:00 pm
oo oo . _ and Guidance
Saturday. Jan. 9:30 am to 3:00 CHDS 682 9:00 am — 5:00 pm








(ieee

5:00 pm — 9:00 pm

es




7

LIS 656 — Materials for Children 9:30 am to 3:00




——

‘Saturday, leb.

CHDS 620 —
and Techniques













17, 2007
















9:30 am to 3:00 Friday, Feb. 9, 2007 CHDS 682






3, 2007









Saturday, Feb. 10, 2007 CHDS 682 )
: g seni a








E SS :
Friday, Feb. 16, 2007 5:00 pm -- 9:00 pm
Saturday. Feb.17, 2007
Friday, Mar. 16, 2007 5:00 pm — 9:00 pm
Saturday, Mar. 17, 2007 DU 620

5:00 pm — 9:00 pm
9:00 am — 5:00 pm |




LIS 593 _ Multicultural Materials for
mi Children

















6 21, 2007 LIS 626 ~ Information Sc

Librarianships |

rence in


















eS













Friday, Mar. 23, 2007
Saturday, Mar. 24, 2007

CHDS 682

Friday, May 4, 2007 CHDS 682





















Friday, Apr. 13,2007 | CHDS 682 5:00 pm — 9:00 pm
Saturday, Apr. 14, 2007 CHDS 682 9:00 am — 5:00 pm

eer | Course Name Instructors
Multicultural Materials for | Dr. Linda Alexander
Children (3 credits)

Course Code
LIS 593







Friday, April 20, 2007 EDU620..iti—~=t*s ~ 15:00 pm — 9:00 pm
Saturday, April 21. 2007 EDU 620 9:00 am — 5:00 pm









Information Science in
Librarianships (3 credits)

Dr. Vicki Gregory



LIS 626 —

Course Name Instructors

CHDS 620 Group Work: Theory and Dr. F. Ziegler
Techniques (3 credits) Mrs. Zoe Powell



ian ststnnentasntntciahidshceashcnti



LIS 656 |

“Materials for Children | Dr. Henrietta Smith
(3 credits)





Mrs. Ann Smith

EDU 682 Career Development and Dr. Marty Jencius
Guidance (3 credits) Mr. Vicente Roberts



* Please Note: The dates and times are subject to change.
* ALL.CLASSES WILL BE HELD IN ROOM E12, E BLOCK. | |



° Please Note: The dates and times are subject to change.

« ALL CLASSES WILL BE HELD IN ROOM 3A, Michael Eldon Complex.



THE COLLEGE OF THE BAHAMAS THE COLLEGE OF THE BAHAMAS.
CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES

Health and Fitness Course Offerings - Spring Semester 2007 | Personal Development Workshops - Spring Semester 2007




















MASSAGE THERAPY ESSENTIALS I
This is an introductory course for learning basic techniques of massage therapy and its many
benefits. Major topic areas will include Massage Theory, Manipulations and Techniques, Wellness

Education (Psychological and Physiological Benefits), Indications and Contraindications, Serving SUPERIOR CUSTOMER SERVICE Fe ; : . ‘
Special Populations and Complementary Bodywork Systems, to include Aromatherapy Essentials. This workshop is designed to provide participants with an overview of the fundamentals of superior
Starting: Thursday, 22nd February 2007 customer service. It focuses on customer value, retention and relationship building and employee
Time: 6:00-3:00pm motivation,
Duration: 10 Weeks Date: Thursday, 22nd February, 2007
Tuition Fee: $465.00 Time: = 9:30am - 4:30pm
Venue: Munnings Building, The Callege of The Bahamas Venue: To be announced

Tuition: $170.00

MASSAGE THERAPY ESSENTIALS lv
This is an advanced course for learning techniques of massage therapy and its many benefits. Major EFFECTIVE POWERPOINT PRESENTATIONS

topics include Introduction to Hydrotherapy; Spa and Body treatments; Basic Facial; Aromatherapy- This workshop is designed to provide participants with an overview of the fundamentals of Microsoft
‘Fundamentals or Essential Oils; Relaxation and Meditative Methods; and Hat Stone Therapy. PowerPoint. It focuses on developing effective and dynamic PowerPoint presentations.

Starting: = Monday, 26th February 2007 Date: Thursday, 8th March, 2007

Time: 6:00-9:00pm : Time: 9:30am - 4:30pm

Duration: 10 Weeks Venue: CEES Computer Lab, Moss Road

Tuition Fee: $620.00 i Tuition: $160.00 \

Venue: Munnings Building, The College of The Bahamas

WEB PAGE DESIGN

GROUP FITNESS INSTRUCTOR This course will cover Web Page Creation, Web Site Management and HTML. Persons who enjoy
This is an introductory course for learning how to teach group fitness and exercise classes. Major working with computers and would like to create their own web pages are encouraged to attend.
topics of discussion will include: Basic Anatorny and Physiology; Choreography and Cueing; the five Specific topics will include Formatting, Graphics, Multimedia, Forms and Tables and hosting of web
components of fitness, nutrition, basic exercise testing and how to teach group exercise: pages.

Starting: = Wednesday, 28th February, 2007 Date: Thursday & Friday, Ist & 2nd March, 2007

Time: 6:00-9:00pm Time: = 9:30am - 4:30pm

Duration: 10 Weeks Venue: CEES Computer Lab, Mass Road

Tuition Fee: $400.00 Tuition: $550.00

Venue: Munnings Building, The College of the Bahamas ;

) All fees are included with the exception of the application fee of $40.00 (one time). When submitting
application, kindly provide copies of the first four pages of your passpart. CEES reserves the right to

All fees are included with the exception of the application fee of $40.00 (one time). When submitting change Tuition, Fees, Course Content, Course Schedule and Course Materials
‘a ef GOs, 8 f ' ? 4 .

application, kindly provide copies of the first four pages of your passport. CEES reserves the right to
change Tuition, Fees, Course Content, Course Schedule and Course Materials

Contact the Coordinator - perdev(@cob.edu.bs Contact the Coordinator - perdev@cob.edu.bs

EE PAcrreVelens







- PROP Leg} :










Visit our website at www.cob.edu.bs

INTERNATIONAL
LANGUAGES
AND CULTURES
INSTITUTE

































SOMMUNICATION: A KEY YO GLOBAL UNDERSTANDING

SCHEDULE OF EVENTS JANUARY TO MAY 2007

PEVENTS Pe | ye, DATE. [| ~~ [TIME | VENUE ae
“Spanish Lecture ~ on literary / cultural topic to be Thursday 7pm. | institute $5.00
announced January 25, 2007

| Discussion Panel — Where is Haiti going? With Dr. | Thursday aan Institute seo

Eugene Newry, Ambassador Harold Joseph and COB | February 1, 2007
| Lecturer Frenand Leger
Spanish Cinema evening ~ La Ultima Cena by Luis

Bunuel










Friday 7 pan. Institute

February 9, 2007











Institute $5.00

Institute



Wednesday
February 28, 2007

2D

7p.m.

fee a SE te Pe aoe

Victor Hugo beyond “Les Miz” — Lecture by I. Moss
on one of the greatest romantic poets
Thursday [$5.00
March 8 2007

=
International Café Evening

















TAn evening of Irish music — dancing and sing along | Saturday | 7-10 Choices $20.00
to celebrate St. Patrick’s Day -- with Canadian group March 10, 2007
The Immigrants
French Folksong Evening ~ the lessons learned from March 23, 2007 7pm, Institute $5.00








folk songs and their historical significance — lecture
by L. Moss followed by sing-along (copies of texts
handed out)



The Junkanoo Costume ~ demonstration of pasting 7pm. Institute COST

techniques by members of various “rushing” groups
- followed by a Junkanoo rush



l March 30, 2007













enn

What is Nouvelle Cuisine? — with the participation | April 4, 2007 Choices | $10.00
of Chef Laudermilk from Hospitality ~ why is French
cuisine so important -.discussion










































|'Spanish Literary Evening to be announced | April 19,2007 Vip Institute $5.00
Invite the Corona Society (A group of women April 27, 2007 7pm 1 Institute $5.00
writers) to speak on writing techniques or do a
writing workshop
| _
German Maifest ~ a celebration of Spring with a May 4, 2007 7 p.m. ~ | Institute $5.00



sing-along of German folk songs ~ led and snacks

accompanied by 1. Moss








Institute



Bahamian folksong traditions — an evening with the ~ | May 17, 2007
Dicey-Do Singers :

Le







INTERNATIONAL
LANGUAGES
AND CULTURES
INSTITUTE

COMMUNICATION, A KEY TO GLOBAL UNDERSTANDING

COURSE OFFERINGS:
SPRING 2007
Beginning 12-February

CONVERSATIONAL HAITIAN CREOLE I: Mon/Wed: 6 - 7:30 PM
CONVERSATIONAL FRENCH I: Tues/Thurs: 6 — 7:30 PM

GERMAN FOR TOURISM: Mon/Wed: 6 — 7:30 PM
This course is designed for those working in the tourism industry, teaching the basic
language skills needed for effective interaction with German tourists.

CONVERSATIONAL SPANISH I: Mon/Wed: 7:30 — 9 PM

CONVERSATIONAL SPANISH II: Tues/Thurs: 6 — 7:30 PM
CLASSICAL LATIN I: Mon/Wed: 4 — 5:30 PM
ENGLISH AS A SECOND LANGUAGE: Mon/Wed: 5 — 6:30 PM

ADVANCED FRENCH CONVERSATION GROUP: Wed: 1 to 2 PM
These are directed conversation and practice “brown bag” sessions - bring your own lunch!
10 consecutive sessions: $100 ($50 for COB Students)

LOCATION:
Munnings Building (next to KFC at COB Roundabout): Room 15

DURATION:
3 hours per week for 10 weeks, total course hours: 30 hours

PRICE: $ 250.00 per course
TELEPHONE: 302-4584 or 302-4587



Communication: The Key to Global Understanding

The College of The Rabweaas Choir

‘“Eet There Be Music”

Fundraiser:













“CHOICES” Training Restaurant
Culinary & Hospitality Management Institute
February 16, 2007
7:00 p.m. ~ 9:00 p.m.

Proceeds will assist the College of T be Bahamas Choir
to travel to the SEAAC Music Festival
scheduled for March 22, 2007 in
Montgomery, Alabama, USA
where they have been previously recognized

for the excellence of their performance.

Donation: $35.00 :: Contact: Tel. 302-4467

‘Challenge’ ahead
in controlling

public spending

FROM page 1B

get situation: “We’re still
slightly ahead on revenue col-
lections against Budget pro-
jections.

“We're quite comfortable
with that, and expenditure is
still very much under control,
but from the inside that’s like-
ly to pose a challenge in the
second half.

“The level of releases we
have incurred in relation to last
year are on the capital side
mostly. But just because the
funds are released, it does not
necessarily mean they are
immediately spent, because of
capacity issues related to the
supply of labour.”

Mr Smith pointed out that
the public sector was “com-
peting with the private sector,
because the construction indus-
try is fully occupied. What
might have taken six months
might take a year before
capacity is released for anoth-
er job”.

In its update on monthly
economic developments in
December 2006, the Central
Bank of the Bahamas said that
at the half-way point in the
Government’s 2006-2007 Bud-
get year, the fiscal deficit had
improved by 62.6 per cent,
although it was still $26.4 mil-
lion for the first six months.

Total revenues earned by
the Government rose by 14.8
per cent to $625.9 million for
the six months to December
2006, prompted by a 12.3 per
cent increase in taxes, while
non-tax revenues rose by 56.3
per cent due to increased fines,
forfeits and other income
sources.

s Revenues outpaced govern-
ments ending, although this
was up by 5.9 per cent at





Atlantic Medical Insurance (AMI), a subsidia
Limited (CGI) headquartered in Bermuda,

$652.3 million, with capital
spending up by 28.2 per cent
and recurrent spending up 2.9
per cent.

“I think we’re going to be
pretty close to Budget projec-
tions, as much as the tourism
economy continues to perform
well. We’re seeing good gains
in terms of revenue adminis-
tration,” Mr Smith said.

He added that the Ministry
of Finance had created a rev-
enue compliance unit to”
actively monitor the revenue
taken against what we ought
to have”.

Mr Smith gave as an exam-
ple of the unit’s work a sce-
nario in which the Ministry of
Tourism provided the Ministry
of Finance with a figure rep-
resenting room night numbers.
The latter’s compliance unit
would then check this against
room taxes paid and, if there
was a discrepancy, find out
why.

“We do know there are
weaknesses in collection,” Mr
Smith said. “Some of the peo-
ple who owe the Government
money, we’ve not asked them
to pay. We’re getting a good
response from the unit.”

He added that the Govern-
ment finances were also in line
to reduce the fiscal deficit and
national debt, as a ratio of
GDP, in line with Budgetary
projections.

Mr Smith said he was confi-
dent public sector wages were
held down in line with Budget
projections, most planned
increases having taken effect
last year.

However, he admitted that
the Bahamian taxpayer had to

directly fund the industrial -

agreements reached with
Bahamasair employees recent-
ly, as the airline was “losing
money”, Ii
Moody’s, the Wall Street

lil Atlantic Medical
Clinical Administrator

ry of Colonial Group International
is seeking a Clinical Administrator.

THE TRIBUNE

credit rating agency, said the
Bahamas’ fiscal ratios were
“weaker” than most of its cat-
egory peers.

The general government
debt to GDP ratio stood at
about 38 per cent of GDP in
2006, compared to the 19 per
cent median for Aa- and A-
rated countries. Yet the
Bahamas’ ratio was better than
the 76 per cent and 74 per cent

achieved by Barbados and

Malta respectively, which have
“similar economies”.
Moody’s added: “The
Bahamas’ government debt to
revenue ratio of 169 per cent in

2006 is much higher than the "'

67 per cent median for the Aa-
and A- rated countries, but it is
comparable, although lower
than Malta’s 173 per cent and
considerably lower than Bar-
bados’ 236 per cent.”

The Wall Street credit rat-
ing agency described the
Bahamas’ 2006-2007 fiscal year
performance as “on track” for
the first half, with revenues
slightly ahead of projections
and spending on target.

It added: “Public sector
wage growth has been

restrained, and there are no

signs of ramped up spending
in the run-up to this year’s
election.”

Some 12 per cent of the
Government’s debt was in for-
eign currency, compared to the
26 per cent category average.
Moody’s added that tax rev-
enues had risen faster than
expected, up to 22 per cent of
GDP from 17 per cent when
the PLP government took
power in May 2002.

It attributed this to enhanced
collection efficiency and com-
pliance, coupled with increased
customs and import duties,
plus immigration fees, resulting
from the high level of foreign
direct investment projects.



CGI, with offices in Bermuda, the Bahamas, the Cayman Islands, and the
British Virgin Islands, offers a complete range of premier financial and
insurance services to both local and iaeeratonal! clients. This is an
epee to be part of a rapidly growing innovative company, focusing on
providing clients with first class service and access to competitive products.

















Reporans to the Operations Manager Designate, the position of
Clinical Administrator will be responsible for a variety of medically
related issues such as reviewing local and foreign medical claims,
pre-certifying patients for off-island air evacuations and hospitalization
and maximizing medical claims efficiency in a demanding and _ rapidly
expanding environment. Other duties will include but not be limited to:

© Periodic review of medical enrolment forms for eligibility :

© Reporting to re-insurers regarding large and potentially large claim losses
and coordinating reserves ;

® Liaising with doctors, social workers, medical facilities (local and foreign)
regarding client and claim queries

® Dealing with walk-in and telephone queries, assisting enrollees and their
families with medical and claims related queries

© Reviewing in-patient/out-patient authorization and following up as
appropriate

It is essential that applicants possess the following qualifications, experience
and attributes:

® Registered Nurse currently registered with the Bahamas Nursing
Licensing/Registration Authority and on their “Active” Nurses List

© Minimum of 5 years’ practical nursing experience

© Knowledge of CPT, iCD-9cM, HCPCS coding

® Strong customer service skills including confidence in dealing with clients
in a professional manner to assist them with their enquiries

© Proven communication (verbal and written) and organizational skills

® Superior proficiency in MS Word; knowledge of email and electronic
calendar software; accurate typing at 45 wpm

© Experience in creating reports and as well as composing correspondence

® Ability to work under pressure, multi-task and meet deadlines

















Compensation for the successful candidate will be attractive and linked
to performance. AMI offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan, life and long
term disability coverage.

If you have a keen commitment to quality results and want to contribute your
talents to a dynamic company, contact us about this eon Applications
will be treated in the strictest confidence and should be made in writing to:





Atlantic Medical Insurance
Attn: Operations Manager
2â„¢4 Terrace, Collins Avenue
P.O.Box SS 5915
Nassau, Bahamas.

Closing Date for applications is February 15, 2007.

'
oeee!

ee se

3
ae a ld

ey

1 ee

ZO



THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 11B

I La eins ee
Share your news



Regulations ‘Key’
to NHI success

FROM page 1B

received “no communication

whatsoever” from the Gov- ,

ernment on its repeated
requests to be provided with
actuarial and other studies on
the proposed NHI plan.

“We had basically respect-
ed the wishes of the Ministry of
Health as it related to taking
the whole issue of NHI out of
the public eye,” Mr Rolle said.

“It’s been a long enough
time now. If the intent was to
engage the Coalition, they’ve
had sufficient time to do so.
It’s very disappointing that
they have not engaged us in
the manner they should have
done, in the true sense of con-
sultation and collaboration.”

Both houses of Parliament
have passed the. National
Health Insurance Bill, but the
scheme now awaits the drafting
and passing of the accompa-
nying regulations - that will set
out how the scheme will oper-
ate - before it can be imple-
mented.

“The legislation is already
passed. The question is the
details that go into the regula-
tions, and that will be the
determining factor relating to
the success or failure of NHI,”
Mr Rolle said.

“They have to be clearly
thought-out and given ade-
quate consideration.”

Tribune Business’s contacts
both inside and outside the
Coalition have privately
expressed concerns that it was
a mistake for the organisation
to accede to the Government’s
wishes and go quiet on its NHI
campaign.

By effectively playing the
Government’s game and going
quiet, it gave the administra-
tion enough breathing space
to get the legislation through
with minimal opposition,
sidelining, key stakeholders at
the vital moment when some
thought the Coalition had the
Government ‘on the ropes’.

The alleged broken promis-

es and failure to properly con-,

sult with the important stake-
holders on NHI mirrors the
way the business community
was treated on other issues,
such as the consumer protec-
tion laws, and as those
Bahamian businesses that are
reliant on the cruise industry
are now finding out. Does any-
one spot a pattern here?

Back on NHI, Mr Rolle said
the Coalition would “contin-
ue our educational effort in
terms of educating the public
at large about the issues, con-
cerns and alternatives that
‘vould make for a successful
implementation of the NHI
plan”

[his course of action is
understood to have been
decided upon at a Coalition
meeting last Thursday night,
the same time that the Min-
istry of Health was holding a
:eception for doctors, in what
some have interpreted as an
effort to ensure they come on
board with NHI.

Mr Rolle said the Coalition’s
efforts would be based on the
eight underlying principles that
underpinned its launch in
November, and they would use
the comments submitted to its

online petition against NHI

_ and the survey it circulated

among the business communi-
ty.

That survey aimed to gather
data that would provide empir-
ical evidence on how NHI
would impact the Bahamian
business community, and. Mr
Rolle said information from
this was “being compiled as we
speak into data we can readily
use.

“Over the next four to six
weeks, there will be a consis-
tent flow of information from
the Coalition relating to NHI,”
Mr Rolle added.

Since the Coalition went qui-
et, the only thing it had man-
aged to achieve was a meeting
with Justice Ricardo Marques,
who headed the committee
that drafted the NHI Bill.

Mr Rolle said the outcome
of this meeting was “less than
gratifying” for the Coalition,
and it was “still waiting for the
promised statement clarifying
Clause 14”.

Concerns

The business community’s
main concerns with the NHI
Bill have focused on Clause 14,
which it believes leaves a lot
of unanswered questions and is
unnecessary, as it deals with
material already covered in the
labour laws.

Some feel its inclusion was
an attempt to cover anything in
relation to trade union or
industrial contract negotia-
tions, but these were covered
under the labour laws.

Clause 14 (1) of the NHI Bill
says that despite any agree-
ment a Bahamian employer
may have in place regarding
the provision of group health
insurance for his workers with
a trade union representing
them, or in their contracts of
employment, "every employ-

“er is entitled to modifyE.. the

rate of contributions payable"
under this scheme, to elimi-
nate any duplication and
"overlap" of benefits with the
proposed NHI scheme.

Apart from the fact that this
seems to allow employers to
arbitrarily tear up any con-
tracts and agreements made
over the provision of private
health insurance for their staff,
the following clause, 14 (2), of
the Bill stipulates that "no
employer shall make any mod-
ification [to their private group
coverage] without obtaining
the prior written approval of
the Minister". To obtain this
approval, all relevant informa-
tion and materials, including a
copy of the group health plan,
has to be sent to the Minister.

Businesses fear Clause 14
could even be interpreted as
preventing companies from
dropping private group health
insurance for their employees
once NHI comes in.

At the meeting, Justice Mar-
ques and the Government
promised to issue a clarifying
statement on Clause 14, but
this has not happened. In addi-
tion, it is understood that he
and his colleagues told the
Coalition that what was includ-
ed in the Bill was done at the
request of the Ministry of
Health.

Among the major concerns
with the NHI plan are its finan-
cial viability and sustainability,
especially as the Bahamas’ age-
ing population will see
increased demand for medical
services that has to be sup-
ported by a population where
the ratio of young to old will
decrease.

The International Labour
Organisation (ILO) has
warned that this means contri-
bution rates to NHI will have
to “increase significantly” in
the future, acting as a tax on
business and individuals’ dis-
posable incomes that could
depress economic activity.

Other worries are that the
$235 million figure derived by
the Government for NHI
severely underestimates the
costs, and that the National
Insurance Board (NIB) is sim-
ply not up to processing NHI’s
volume of claims.

Mr Rolle said NHI’s benefits
package was “a key element”,
as the number of services cov-

‘ered under the plan would

determine what type of sup-
plementary health insurance
private carriers would offer.
He queried what the “net
effect” of NHI’s benefits pack-
age would be, and whether it
would cost him less, the same,

or more to maintain his cut?°”"
rent level of private health
insurance benefits and cov! “’

age under a combination of
NHI and supplementary pri-
vate insurance.

If it would cost him more,
Mr Rolle questioned whether
it would be a minor increase
in healthcare insurance costs,
or a major one. He also asked
what impact NHI would have
on private health insurance in
terms of revenues, profits and
job losses.

“Unfortunately, we’re in the
same position we were in quite
some time ago,” Mr Rolle said
of the Coalition. “There are a
whole lot of questions, and no
answers have been forthcom-
ing.

“Individuals and businesses °

should be really concerned, as

NOTICE

NOTICE is hereby given that ST. FILMA CEZALIEN OF
WILLIAMS ST. OFF SHIRLEY ST., NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The

Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 29th day of January, 2007 to the
’ Minister responsible for Nationality and Citizenship, P.O.Box

N- 7147, Nassau, Bahamas.





Junior Network Engineer

A local networking consulting firm seeks highy energetic, motivated and qualified Junio
Network Engineer, with the right aitude towards customer service.

Responsibilities/Skills:

operating systems



Must have good PC troubleshooting skills _
Basic telephony system knowledge

Previous PC support experience is required
Excellent interpersonal skills
Ability to work in a team environment

Self-motivated

Requires A+, MCP or better.

The ideal candidate should have a minimunof two years experience in the IT field.

Working knowledge of Windows 2000 Professional & Server Environments
Install new PCs including loading sofeare and configuring network settings
Upgrade PCs - hardware and operating systems
Provide basic level support of persoml computer hardware, software and

Customer service will be a key focus of the successful candidate.

Interested ise pleae e-mail resumes to itbahamas@yahoo.com at latest by

February ¥ , 2007.





ar,

we’re talking about something
impacting healthcare across the
entire country. There are too
many unanswered questions
for something of this magni-



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

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


















tude.”

MINISTRY OF IMMIGRATION,
LABOUR AND TRAINING

NOTICE

Tenders are invited for making, repairing and altering of male and female
Immigration Officers uniforms for the year commencing March 2007.

Patterns of uniforms may be viewed a Bahamas Immigration
Office, Mount Royal Avenue, Nassau during normal working hours

Persons tendering will be required to submit the names of two (2)
responsible sureties and will be bonded for the fulfillment of the contract.
The sureties must sign the Tender. .

Sealed envelopes addressed to the Director of Immigration and marked
“TENDER FOR UNIFORM” must be delivered at the Immigration
office not later than noon on 7th March, 2007.

Forms for Tender are available at the Immigration Department.

The contractor will be required to provide four ($4.00) Bahamian Stamps
to be affixed to the Tender.

The Director of Immigration reserves the right to reject any or all Tenders.

Public Hospitals Authority
CORPORATE OFFICE

ADVERTISEMENT

POSITION
ADMINSTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from suitably qualified individuals for
the post of Administrative Assistant III, Corporate Office, Public Hospitals Authority,

Applicants must possess the following qualification:-

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

The Administrative Assistant will be reponsible for the general administrative/secretarial
duties; and assists in all required aspects of Project and programme management in support
of the office of the Deputy Managing Director.

DUTIES:

1. Works closely with each of the specialized officers reporting directly to the Deputy
Managing Director (including the Director of Projects, Senior Manager for MIS and
Biostatistcian) to ensure that workflows are appropriately coordinated.

2. Keeps abreast all activities in each of the Sections of the Planning and Evaluation
Unit(i.e.) Planning, MIS and Statistics Sections) and the PHA Headquaters Projects
Office so as to be able to provide immediate assistance when needed.

3.Maintains a structured schedule of specific activites in progress in the Deputy
Managing Director's and related offices.

4, Assists inthe preparation of annual budget estimates for the Deputy Managing
Director’s and related offices ensuring that there is detailed valid justification for all
submissions.

5. Works on special projects on behalf of the Deputy Managing Director or any
specialized officer of this area in order to ensure well-rounded exposure and experience.
6. Assists in all- required aspects of project and programme management within the
unit.

7, Coordinates Deputy Managing Director’s schedule and appointments, arrange
meetings, prepare agendas as well as reserve and prepare the facility.

8. Conducts research, compiles reports and prepare presentations as directed.

9. Preparations and disburses documents _ relative to project headed by the Deputy
Managing Director.

Letters of application and curricula vitae shoould be submitted to the Director of
Human Resources, Public Hospitals Authority P.O, Box N-8200 or Manx Corporate
Centre, Dockendale House, West ay Street no later than L6th February, 2007





= 12B, MONDAY, FEBRUARY 5, 2007

GN-456



ox } ee :

SUPREME COURT

SUPREME COURT :
PROBATE REGISTRY :
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :

‘obate Division
106/PRO/npr/00738

_ the Estate of STEPHEN A. ORLANDO, late of 6021

ulf of Mexico Drive, Longboat Key in the State of Florida,

12 of the United States of America,

NOTICE is hereby given that after the expiration of }
ourteen days from the date hereof, application will be :
‘jade to the Supreme Court of The Bahamas in its Probate
Sivision by HARTIS EUGENE PINDER of Mareva House, :

-OQ6.
Signed
Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :
February 8th, 2007 :

9. 2006/PRO/npr/00739

\hereas LELAND DAWKINS, of the Settlement of Crown :
-iaven, Abaco, one of the Islands of the Commonwealth :
f The Bahamas has made application to the Supreme :
ourt of The Bahamas, for letters of administration of the :
zal and personal estate of HOWARD DAWKINS late of :
Murphy Town, Abaco, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

jotice is hereby given that such applications will be heard
sy the said Court at the expiration of 21 days from the :

date hereof.

Signed
D. Robinson
(for) Registrar

ere LLL Lee 3

SUPREME COURT :
PROBATE REGISTRY
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :

Probate Division
2007/PRO/npr/00003 ‘

in the Estate of ALEXANDER SLORACH late of
Khonkaen, Mannachie Road Forres IV36 2JT in the

Sheriffdom of Grampian, Highland and Islands in Scotland,
deceased. ;

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will be ;
made to the Supreme Court of The Bahamas in its Probate :
Division by EARL A. CASH of Marlin Drive in the Western :
District in the Island of New Providence, The Bahamas, :
‘Attorney-At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Grant of Certified Extract :
Confirmation in the above estate granted to JACQUELINE :
JEAN PEREIRA the Executor, by the Sheriff of Grampian, :
Highland and Islands at Elgin on the 8th day of August, :

O06.
Signed
Desiree Robinson
(for) Assistant Registrar —



COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION
February 8th, 2007 :

Be LL LL :

No. 2006/PRO/npr/00040

lo. 2006/PRO/npr/00021

Whereas PRINCE ALBERT STUBBS of St. Vincent Road ;
Western District, New Providence, one of the Islands of :
ihe Commonwealth of The Bahamas, the Only Child, has
made application to the Supreme Court of the Bahamas, :
for letters of administration of the real and personal estate :
of AREBELLA STUBBS late of St. Vincent Road, Western ;
District, New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

Notice is hereby given that such applications will be heard
hy the said Court at the expiration of 14 days from the ;

date hereof.

Signed
D. Robinson
(for) Registrar

deceased. |

eorge Street in the City of Nassau in the Island of New :
*rovidence, one of the Islands of the commonwealth of :
‘he Bahamas, Attorney-At-Law, the Authorized Attorney :
1 The Bahamas for obtaining the Resealed Grant of :
\mended Letters of Administration in the above estate ;
jranted to MAURICE V. ORLANDO, the Personal :
epresentative, by the Circuit Court for Manatee County
» the State of Florida, on the 19th day of September, :

SUPREME COURT :
PROBATE REGISTRY
P.O. BOX N-167 :
Nassau, The Bahamas }
February 8th, 2007 :

Probate Division

_ 2007/PRO/npr/00022

In the Estate of LILLIAN KIMBALL late of the County of
Maricopa in the State of Arizona, one of the States of the ;

United States of America,

of March 2006
Signed
Desiree Robinson
(for) Assistant Registrar

et i
SUPREME COURT
PROBATE REGISTRY :
P.O. BOX N-167
Nassau, The Bahamas :
February 8th, 2007 :
Probate Division :
2006/PRO/npr/00029 . ;

In the Estate of RUTH E. SECORD late of Clearwater,
Pinellas County, Florida, USA,

deceased. ;
? NOTICE is hereby given that after the expiration of | Whereas CANDICE KING of No. 2 St Lucia Crescent,
: fourteen days from the date hereof, application will be ;
: made to the Supreme Court of The Bahamas in its Probate
Side by GILBERT ANSELM THOMPSON, of Chancery }
House, The Mall, in the city of Freeport, Grand Bahama, ;
The Bahamas, Attorney-At-Law, the Authorized Attorney :
in The Bahamas, for obtaining the Resealed Grant of :
Letters of Personal Representative in the above estate ;
i granted to BETTIE KENNEDY the Personal :
Representative, the Superior Court of the State of Arizona. :
in and for the County of Maricopa USA, on the 21st day :

THE TRIBUNE BUSINESS

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 21 days from the
date hereof.
Signed
N. Neilly
(for) Registrar

Be

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION

No. 2006/PRO/npr/00034

Elizabeth Estates in the Eastern District of the Island of
New Providence, one of the Islands of the Commonwealth
of The Bahamas has made application to the Supreme
Court of The Bahamas, for Letters of Administration of
the Real and Personal Estate of WINIFRED GIBSON late
of No. 2 St Lucia Crescent, Elizabeth Estates in the
Eastern District of the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will be heard

by the said Court at the expiration of 14 days from the
i date hereof.

Signed
N. Neilly
(for) Registrar

i ee

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

No. 2006/PRO/npr/00035 .

Whereas DUNCAN ANTHONY IRWIN DE BARROS of

No. 7 Sky End, Eastern Estates in the Eastern District of

the Island of New Providence, one of the Islands of the
deceased. }

Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of

NOTICE is hereby given that after the expiration of :
: fourteen days from the date hereof, application will be :
! made to the Supreme Court of The Bahamas on its :
Probate Division by LOUREY C. SMITH, of #4 George :
Street in the City of Nassau in the Island of New :
: Providence, The Bahamas, Attorney-At-Law, the :
: Authorizes Attorney in The Bahamas, for obtaining the :
Resealed Grant of Letters of Administration in the above :
estate granted to SHERYLL JEAN SECORD the Executrix, :
by the Circuit Court for Pinellas County of Florida, USA, :

on the 6th day of June 2005.

Signed
Desiree Robinson
(for) Assistant Registrar

—_— ee rse—___

‘>'" SUPREME COURT
PROBATE REGISTRY :
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :
Probate Division :

i the Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of
In the Estate of LEMUEL S. CONNELLY late of the City :
: CLEARE FERGUSON late of No. 7 Sky End, Eastern
deceased. :

2006/PRO/npr/00030

of Tampa in the State of Florida, USA,

| _ NOTICE is hereby given that after the expiration of }
i fourteen days from the date hereof, application will be :
made to the Supreme Court of The Bahamas on its ;
Probate Side by RHONDA L. C. HULL, of the Township :
of Marsh Harbour, Abaco, The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas, for ;
obtaining the Resealed Grant of Letters of Administration i
in the above estate granted to ARTHUR P. W. CONNELLY :
: the Personal Representative, by the Circuit Court for ;
: Hillsborough County in the State of Florida, USA, on the :
: 30th day of August 1993. :

Signed
Desiree Robinson
(for) Assistant Registrar

Ena :

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :
February 8th, 2007 :

No. 2006/PRO/npr/00031

Whereas PAMELA L. KLONARIS and MIKE A. :
KLONARIS both of the Western District of the Island of :
New Providence, one of the Islands of the Commonwealth
: of The Bahamas have made application to the Supreme ;
? Court of The Bahamas, for Letters of Administration with :
i the Will annexed of the Real and Personal Estate of }
; RICARDO SABOIA KHURY late of Avenida Parana 33, :
: Apartment 1680035-130, Curitiba, Brazil, deceased. }

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the :

date hereof.

Administration of the Real and Personal Estate of JANET
BERYL DEBAROS No. 7 Sky End, Eastern Estates in the
Eastern District of the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof. :

Signed
N. Neilly
(for) Registrar

a,

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION |
February 8th, 2007
No. 2006/PRO/npr/00038

Whereas ANASTASIA PATRICE FERGUSON of 386
Eaton Road, Yellow Elder Gardens in the Western District
of the Island of New Providence, one of the Islands of

Administration of the Real and Personal Estate of ROSIE

Estates in the Eastern District of the Island of New
Providence, one of the Islands of the Commonwealth of
The Bahamas, deceased. ‘

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

| Signed
N. Neilly
(for) Registrar

LR

- COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00039

Whereas FEDNER J. DORSETAL of St. Albans Drive in
the Western District of the Island of New Providence, one
of the Islands of the Commonwealth of The Bahamas
has made application to the Supreme Court of The
Bahamas, for Letters of Administration of the Real and
Personal Estate of NEVILLE HOLLAND MAJOR late of
Chase Avenue in the Western District of the Island of
New Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

Signed
N. Neilly
(for) Registrar

Signed
N. Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS

THE SUPREME COURT :

PROBATE DIVISION }

February 8th, 2007 :

No. 2006/PRO/npr/00032

COMMONWEALTH OF THE BAHAMAS |

THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

Whereas LEOTHA CLYDE of the Southern District of the
Island of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of

! Administration of the Real and Personal Estate of LEON

Whereas ALFRED DANIELS, of Buttercup Lane, South :
Beach Estates in the Southern District of the Island of :
New Providence, one of the Islands of the Commonwealth :
of The Bahamas, has made application to the Supreme ;
Court of The Bahamas, for Letters of Administration of :

the Real and Personal Estate of CHARMAINE NATASHA :

DANIELS late of No. 76 Sunrise Subdivision in the City ;
of Freeport, on the Island of Grand Bahama, one of the :
islands of the Commonwealth of The Bahamas, deceased. ;

Sn,

ANDY BROWN late of 20101 SW 84th Avenue, Miami,
Florida, United States of America, deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

Signed
N. Neilly
(for) Registrar

February 8th, 2007

¢
&

'



Re I URINE Ger (mT NIUE ar een

THE TRIBUNE

Se ET eM



MONDAY, FEBRUARY 5, 2007, PAGE 5





Sales tax to
‘modernise’
economy

in Antigua

Bw PUERTO RICO
San Juan

ANTIGUA and Barbuda
has begun collecting a 15 per-
cent sales tax, becoming the
latest Caribbean nation to
seek a more streamlined tax
scheme, according to Associ-
ated Press.

The start of the value-
added levy on goods and ser-
vices coincided with the
repeal of several other taxes
inthe two-island nation to
avoid drastic price hikes, said
Doug McLaren, the adminis-
trator in charge of applying
the new system.

,This was needed for har-
monization of taxes in the
region as it becomes a single
market economy," said
McLaren, referring to the
Caribbean Single Market and
Economy, which groups
together more than 6 million
people in 12> eastern
Caribbean nations.

â„¢ All the Caribbean nations
will be using a VAT system
within the next two or three
years," he said.

About 70 protesters
marched outside the govern-
ment revenue office on Mon-
day in the Antiguan capital
of St. John's to oppose the

“measure, which political
opponents say will hurt lower
and middle class families in
the former British colony of
70,000 people.

Share
. your
mevvs

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

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















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@ MINISTER of Health Bernard

SS

Nottage claims that deaths

SS XK

from bacterial infections have been reduced

Bw By PAUL TURNQUEST
Tribune Staff Reporter

CASSIUS Stuart, Bahamas
Democratic Movement leader,
said his party was outraged that

Health Minister Dr Bernard

Nottage would continue what
appears to be a “cover up” of
what is “really happening” at
the dialysis unit of the Princess
Margaret Hospital.

According to Mr Stuart, the
only appropriate thing for Dr
Nottage to have-done was to
“come clean.”

The party claims that 16 per-
sons have died at the PMH dial-
ysis unit since the outbreak of a
bacterial infection was discov-
ered some six months ago.

Instead of admitting to the-

problem, Mr Stuart claims that
Dr Nottage is compounding it.

“For Dr Nottage to dismiss
our claims that persons are
dying from enterococcus fae-
calis as foolishness and then
turn around and admit that per-
sons have contracted this infec-
tion and have died is proof that
the only person here that is
foolish is Dr Nottage.

“He further states .and
admit(s) in the Bahama Jour-
nal that there were some deaths,

but the number had been dras-
tically reduced from the height
of the outbreak last October to
the present. Dr Nottage needs
to get his story straight. Accord-
ing to Dr Nottage’s own state-
ment, persons have died from
contracting this bacteria. Yet,
the public was left in the dark.”
Mr Stuart wanted to know if
this shows “that there was a
cover up by him (Dr Nottage)
and his team.”

The BDM wondered how
many people would have had
to die before government would
think it important enough to tell
the Bahamian people that there
was a problem at PMH.

“If the problem still exists as
he claims, why are they still
admitting patients to the dialy-
sis unit at the PMH for service?
The BDM finds it unacceptable
that only after we made this
issue public, the hospital con-
tracted Frank Hanna Cleaning
Co to clean the dialysis unit.
Why wasn’t this action taken
when the infection was at its
highest?

“Dr Nottage was correct in
saying that persons whose

immune systems are COMPFO~ +

mised are at higher risk of cnt

tracting illnesses, but he failed: -
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LOCAL NEWS.

BDM anger at
in PMH dialysis unit







@ CASSIUS Stuart believes that the public have been kept in

the dark by the government

to admit that the illness caus-
ing the fatalities is the bacteria
in question. People don’t die
from immuno-compromisation,
they die from infection as a
result of their immune systems
being compromised and our
claim is that persons are dying
from being infected with ente-
rococcus faecalis. So, how can
Dr Nottage dismiss our claim
as foolishness? Or is he covering
up the deaths of those 15 peo-
ple?

“It appears that Dr Nottage
thinks he is dealing with a group
of uneducated Bahamians who
will swallow any garbage
thrown down their throats by
politicians.” the party said.

Mr Stuart reminded Dr Not-
tage that he should not allow
his “political aspirations” to
come before the well-being and
lives of “so many innocent
Bahamians.”

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‘cover up’



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.,, Harbour Bay Shopping Centre
Ph: 393-4440.or 393-4448 Bacae

WR ae

MONDAY,
FEBRUARY 5TH

6:30am Bahamas @ Sunrise - Live
11:00 Immediate Response
12:00 ZNS News Update (Live)
12:05 Immediate Response
1:00 Caribbean Passport

1:30 Ethnic Health America
2:00 | Thousand Dollar Bee
2:30 Aqua Kids

3:00 David Pitts

3:30 Bishop Neil Ellis

4:00 Little Robots

4:30 Carmen San Diego

5:00 | ZNS News Update

5:05 The Fun Farm

6:00 Gospel Grooves

6:25 Life Line

6:30 News Night 13 - Freeport
7:00 | Bahamas Tonight

8:00 You & Your Money

8:30 Be Your Own Boss

8:35 Character Counts

9:00 Legends

9:30 Island Life Destinations
Caribbean Newsline
News Night 13

Bahamas Tonight

11:30 Immediate Response
1:30am Community Page 1540AM

NOTE: ZNS-TV 13 reserves the
right to make last minute
_ programme changes!






































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PAGE 16B, MONDAY, FEBRUARY 5, 2007 2 THE TRIBUNE BUSINESS



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THE TRIBUNE BUSINESS



SUPREME COURT

COMMONWEALTH OF THE BAHAMAS
~ THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00041

Whereas ARENETTA N. DAVIS of No. 63 Royal
Palm Way and Sea Breeze Lane, Lucayan Beach
Subdivision in the City of Freeport, on the Island of
Grand Bahama, one of the Commonwealth of The
Bahamas has made application to the Supreme
Court of The Bahamas, for Letters of Administration
of the Real and Personal Estate of ZENDRE KATHI
MAJOR late of No. 63 Royal Palm Way and Sea
Breeze Lane, Lucayan Beach Subdivision in the
City of Freeport, on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications will
_ be heard by the said Court at the expiration of 21
_ days from the date hereof.

Signed

N., Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS

THE SUPREME COURT |

PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00042

Whereas BASIL THOMPSON of Pyfrom Road, New
Providence, one of the Islands of the Commonwealth
of The Bahamas has made application to the
Supreme Gourt of The Bahamas, for Letters of
Administration of the Real and Personal Estate of
WILLARD THOMPSON late of Pyfrom Road, New
Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00043

In the Estate of EUGENE V. DELUCA (a.k.a.)
EUGENE V. DE LUCA), late of the city of Haverford
in the State of Pennsylvania, United States of
America,

‘deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by ELLEN SERVILLE of
No. 13 East Avenue North, in the Eastern District
of the Island of New Providence, one of the Islands
of the Commonwealth of The Bahamas, Attorney-
At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Grant of Letters
Testamentary in the above estate granted to DONNA
- D. K. VOIGT (named in the said Will as DONNA
VOIGT), the Executrix, by the Registrar of Wills
Delaware County, Pennsylvania, on the 8th day of
January 2004. ,

Signed
N. Neilly
(for) Registrar



COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT

PROBATE DIVISION °

February 8th, 2007
No. 2006/PRO/npr/00044

Whereas C. YVETTE MCCARTNEY-PEDROCHE
of Skyline Drive, in the Western District of the Island
of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made
application to the Supreme Court of The Bahamas,
for Letters of Administration with the Will annexed
of the Real and Personal Estate of JEAN MARIE
CLAUDE FROTIER (a.k.a.) JEAN-MARIE FORTIER

late of 3663 Riverside Drive, Suite 504 Windsor, |

Ontario, Canada, deceased.



| No. 2006/PRO/npr/00048

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly
(for) Registrar

SUPREME COURT

PROBATE REGISTRY

P.O. BOX N-167

Nassau, The Bahamas

- February 8th, 2007

Probate Division
2006/PRO/npr/00045

In the Estate of HOPE L. FISHER late of _
MANHATTAN in the State of New York, U.S.A. .
deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas,
on its Probate Side by LOUREY C. SMITH of No.
#4 George Street in the City of Nassau in the Island
of New Providence, The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas, for
obtaining the Reasealed Grant of Certificates of
Small Estates in the above estate granted to
PATRICIA A. MCCRAY the Executrix, by the
Surrogate’s Court of New York in the State of New
York, USA, on the 3rd day of May 2005.

Signed
Desiree Robinson
(for) Assistant Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00046

Whereas ROSINA FORBES of the Settlement of
Eight Mile Rock on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, one of the Beneficiaries named in the
said Will, has made application to the Supreme
Court of the Bahamas, for letters of administration
with the Will annexed of the real and personal estate
of JOSEPH SAMUEL LINDEN late of the Settlement
_of West End, Grand Bahama, one of the Islands of
the Commonwealth of Jhe Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21
days from the date hereof.

Signed
Desiree Robinson
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00047

In the Estate of ELIZABETH G.-MEINERS late of
11423 Holly Court in the City of Kansas City in the
‘State of Missouri, USA,

deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Side by WILLIAM P. HOLOWESKO
of East Lyford Lane, Western District,New
Providence, The Bahamas, Attorney-At-Law, the
Authorized Attorney in The Bahamas, for obtaining

| the Resealed Grant of Letters Testamentary in the

above estate granted to CHRISTOPHER MOHART
the Personal Representative, by the Probate Court
in the State of Missouri, USA, on the 28th day of
June 2004.

Signed
Desiree Robinson
(for) Assistant Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

Whereas ANDREW G. WELLS of the Eastern District
of the Island of New Providence, ‘one of the Islands
of the Commonwealth of The Bahamas has made
application to the Supreme Court of The Bahamas,
for Letter of Administration of the Real and Personal
Estate of HERCULES HARDING late of Moore’s
Wharf of the Island of New Providence, one of the
Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly

MONDAY, FEBRUARY 5, 2007, PAGE 13B



(for) Registrar
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00049

Whereas JAMES ALEXANDER RAHMING of
Stapledon Gardens in the Western District of the
Island of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made
application to the Supreme court of The Bahamas,
for Letters of Administration of the Real and Personal -
Estate of GLADYS RAHMING late of Bias Street,
off Baillou Hill Road in the Southern District of the
Island of New Providence, one of the Island of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N Neilly
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
ee February 8th, 2007
Probate Division
2006/PRO/npr/00050

In the Estate of JUDY O’NEIL (a.k.a) JUDITH ANN
O’NEIL, late of 269 Road 11 East, Woodslee, in
the Province of Ontario, Canada, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by NEVILLE BERNARD
WILCHOMBE II of Chancery House, The Mall, in
the City of Freeport on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, Attorney-At-Law, The Authorized Attorney
in The Bahamas for obtaining the Resealed
Certificate of Appointment.of Estate Trustee With _
A Will in the above estate granted to ELIZABETH
ANN O’NEIL, the Persnal Representative, by the
Superior Court of Justice, Ontario, on the 6th day
of May 2004..

Signed
N. Neilly
. ois .\for) Registrar

tt



SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00051

In the Estate of THOMAS G. BURKE (a.k.a)
THOMAS GERALD BURKE, late of Village of Rye
Brook in the County of Westchester in the State of
New York, one of the United States of America,
deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by HARTIS EUGENE
PINDER of No. 4 George Street in the City of
Nassau, in the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealed Grant of
Probate in the above estate granted to HELEN W.
BURKE, the Executrix, by the State of New. York,
County of Westchester, Surrogate’s Office, on the
9th day of April 1997.

Signed
N. Neilly
(for) Assistant Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00052

In the Estate of EDWARD LEVERNE HAMBLETON
late of 1227 Sherbrooke Street, Montreal in the
Province of Quebe, Canada,

deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application

. will be made to the Supreme Court of The Bahamas

in the Probate Division by LOUREY CLAUDETTE.
SMITH of No. 4 George Street in the City of Nassau,
in the Island of New Providence, one of the Islands
of the Commonwealth of The Bahamas, Attorney-
At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Judgment of Probate in
the above estate granted to JANET ELAINE
RANKIN, the Executrix, by the Superior Court of
Canada, Province of Quebec, on the 13th day of
January 2005.
Signed
Desiree Robinson
(for) Assistant Registrar

y







PAGE 14B, MONDAY, FEBRUARY 5, 2007 |

THE TRIBUNE

PAGE 14B, MONDAY, FEBRUARY 5, 2007

BISX rules redratt

‘85 to 90 per cent’ Alot



FROM page 1B

to publish [the new rules] on
our website before the end of
this month, and they will cover
quarterly and annual filings,
the timeliness and content for
this. ;
“We're going to be dealing
with corporate governance,
independence [of directors]







Notice is hereby











Ist day of March, 2007.

Liquidator



Pyper Parker

Cell: 557-4412

Office: 393-8618 Ext: 230
pparker@bahamasrealty.bs

“1 Put People and Places Together”

Actual
Size

LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

that in
Section 138 (8) of the International Business Companies
Act, (No. 45 of 2000), WILTEN HOLDING LTD. is in
dissolution, PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD, is the Liquidator and can be contacted at
Malborough & Queen Streets, P.O. Box N-10429, Nassau,
Bahamas. Al | persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the .

given

PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.

issues. Another area, if we can
complete it, will be mergers
and acquisitions. We have to
determine if that will be a sep-
arate section or incorporated
into one we’re doing already,”

_ Mr Davies added.

Amending

“We're going to be amend- ;

accordance with





Web Ref# #562510
www.bahamasrealty.bs



DID YOU KNOW...

ing the type and level of sanc-
tions, and the guidelines to
them, so if a violation occurs
people will understand what
the potential type of sanction
could be. We’re looking to
introduce fines for breaches.”

The changes to BISX rules
primarily impact the listing and
continuing obligations for list-
ed issuers, which are compa-






Notice is hereby

1st day of March, 2007.





Liquidator

EAs < Property Pick

The Porches, phase 1

LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

that. in
Section 138 (8) of the International Business Companies Act,
(No. 45 of 2000), HILVERSON MANAGEMENT LTD. is in
dissolution, PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD, is the Liquidator and can be contacted at
Malborough & Queen Streets, P.O. Box N-10429, Nassau,
Bahamas. Al | persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the

given

he ,
PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.

Twelve waterfront villas available in a gated
' community in the well established area of
«ff Coral Harbour. Villas feature a hexagon
shape, airy interiors, wood or tile floors, large
windows and a wrap-around balcony.

Each unit is designed to maximize individual
privacy and offer tranquil ocean views.

sq The community features beautiful gardens
enhanced with ponds and waterfalls and an
infinity pool. In addition, dock slips will be
J available for the avid boater. The villas can
be one, two, three bedrooms or more.
Pre-construction price: $650,000

nies that have their ordinary
shares, or equities, listed and
traded on the exchange.

Targeted

The areas targeted for
reform by Mr Davies and
BISX are among those that
have long been identified by
observers as being among the

sare











accordance with

~ February 2007



There are 120 single men (i.e. never married, widowed or divorced) who are in their 20's for every 700 single

worrian of the samie age.

The world’s smallest
glucose meter



m World’s smallest sample size
(0.3 pL, about the size of a pinhead).

m Fast 7 second average test time.

m Test yourself on different, less painful areas, such as
the palm of your hand, forearms, thighs, or calves.

m 4alarms to remind patients when it’s time to test.








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Ask for it at your favorite drug store.

REE GLUCOSE TESTING

10AM — 1PM





These dates and locations:

Tuesday, Feb. 6

McCartney's Pharmacy

Mt. Royal Ave.



Dyer a

Reve nie



Monday, Feb 12
rescription Centre
Rosetta St.

STs by Lowe's Wholesale » Tel: 393-7111 . Fax: 393-0440

Tuesday, Feb. 27

Centerville Pharmacy

Collins Ave.



_weakest in the Bahamian cap-

ital markets regulatory set-up.
They have also been addressed
by regulators globally.

These are the timeliness and
transparency of financial
reporting and material disclo-
sures by BISX-listed entities;
corporate governance and
Board composition issues,
relating mainly to independent
directors; and giving teeth to
the penalties and sanctions that
BISX and Bahamian regula-
tors can enforce against com-
panies and market participants
who breach the rules.

The moves to amend the
BISX rules also coincide with
moves by the Securities Com-
mission of the Bahamas and
the Government to reform the
Securities Industry Act 1999,
the chief governing law for the
Bahamian capital markets.

Mr Davies said BISX would
be placing the redrafted rules
on its website to obtain com-

_ ments and feedback from all

capital markets participants,
such as listed issuers, the











N- 7147, Nassau, Bahamas.









this notice.

NOTICE’

NOTICE is hereby given that THEOPHILOS VASILIOS
MAVROS OF #P.0. BOX N-8856, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a-citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should -
send a written and signed statement of the facts within
twenty-eight days from the 5th day of February 2007 to the
Minister responsible for Nationality and Citizenship, P.O.Box

PUBLIC NOTICE |
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, JAIME ANDREW
LAMM of Eastwood Estates of New Providence intend,
to change my name to JAIME ANDREW BROWN. :
If there are any objections to this change of name by'
Deed Poll, you may write such objections to the Chief:
Passport Officer, PO.Box SS-742, Nassau, Bahamas no,
later than thirty (30) days after the date of publication of:





investing public, attorneys and
accountants, and broker/deal-
ers. : "

from the entire spectrum of
society engaged in the capital-
markets,” Mr Davies said. ©”

He added that once all feed=-
back and suggestions were’
received, they would be pub-
lished in a report. From there,’

. they would be digested into a

final report that would be sub-
mitted to the BISX Board of
Directors and the Securities
Commission for approval.

at

Submitted .-
“Once we have submitted’
them to the Commission, we’

wait for them to come back to”

us,” Mr Davies said. oe
The BISX chief executive’
said there would “definitely be:

a phased-in process for comi-’

pliance” with the rules changes

once they were introduced,"
although this might “not be the’

case” with amendments affect- -
ing material issues. Set













management

CARD OPERATIONS MANAGER

PROFILE:

IT infrastructure
* Support the development of new card and electronic banking

¢ Excellent interpersonal skills. Abil

+ 7+ years in the financial services industry with 5+ years in the bank card
and/or electronic banking services and card operations management

RESPONSIBILITIES INCLUDE:

¢ Establish operating policies, procedures & controls
responsibile for daily management of card product operations and electronic
banking delivery systems

* Work with internal departments, external vendors and card
associations to assure cardholder services and compliance

* Output and delivery of statements, plastics, letters and supporting

products and services

Team with Marketing to execute product and sales plans,

marketing strategies, customer loyalty programme

* Oversee payments and application processing, maintenance of
databases, cards support training, account posting and reconciliation

* Resolve cardholder disputes and process chargebacks

* Administer fraud and loss prevention programmes

+ Participate in budgeting process

* Monitor service levels and report on performance

CRITICAL COMPETENCIES:

+ Operations /financial focus with technical background

+ Demonstrated project manageinent experience

_ © Strong communication (verbal and written), organizational, and
supervisory skills

* Strong demonstrated knowledge in banking regulation and operational risk

of management and employees

The person will report directly to the Executive Vice President and CFO
Competitive compensation package will include salary, benefits and bonuses.
Send resume no later than February 16th, 2007 to:

The Director Human Resources

>)]HIEEIEY
51 Frederick Street
P.O. Box N-4853

Nassau
Fax 326.3000

FIDELITY §

invites applications for the position of
MANAGER, CARD OPERATIONS

ity to effectively interact with all levels

e-mail: careers@fidelitybahamas.com


























“et 1
















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ae an oa PY wm eR eT ET

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4. *,%.%,

“We're looking for feedback .

se ek ee ee Oe ee

cic gens eae aie “yoy wate



THE TRIBUNE



MONDAY, FEBRUARY 5, 2007, PAGE 15B

TH

For the stories
TAT TR UT

US passport plan may cost our hotels $167m

| FROM page 1B

\,
tion business respectively.

.,Based on 2006 Immigration
departure cards, the groups,
convention and conference
business brought 42,000 visi-
tors to the Bahamas, these
people staying an average of
4.3 nights for a total of 180,000
visitor nights.

‘. Ministry

"The Ministry of Tourism,
though, expressed concerns
that the WHTI could “com-
pletely negate” the convention
tax breaks the Bahamas had
been granted by the US, a
development that had encour-
aged Atlantis to expand its
convention space as part of
Phase III, with Baha Mar also
planning a major convention
centre.

~ It is feared that the logis-
ties and costs that meeting
planners face in ensuring that
their clients have passports

may force many - particularly.

the independents - to select
other destinations over the
Bahamas,” the Ministry of
Tourism said.

,On the weddings business, |

the Ministry said the main
competition for destination
weddings to the Bahamas was
the cruise industry. The WHTI
will not impact US cruise pas-
sengers until 2009, which may
make cruise weddings more
desirable, especially from a
passport “logistics and costs”
perspective.

“While it could be countered
that the Bahamas would still

benefit as it is a prime cruise ~

destination, it should be clear-
ly stated'that for every person
lost to a cruise from a landed
stay here, converts a $1500 vis-
it to a $70 visit based on our
exit surveys,” the Ministry of
Tourism said.

According to Immigration
arrivals cards, in 2006, 43,000
visitors came for a wedding in
the Bahamas, staying on aver-
age 4.5 nights or a total 192,000
visitor nights.

Tourism

The Ministry of Tourism is
also planning to monitor
Spring Break travel, with this
group “key to many non -

-resort properties in the

Bahamas”, especially in Grand

Bahama.
Visitors

Almost 50,000 visitors
between the ages of 12 and 24
arrived in the Bahamas on a
vacation during March and
April 2006, traditionally Spring
Break time, averaging 5.6
nights in the Bahamas and
totalling 280,000 visitor nights.

Finally, the Ministry of

~ Tourism will closely moni-

torthe family vacation busi-
ness. This is an area which has
seen tremendous growth, the

document said, changing the
perception of the Bahamas as a
singles and couples destination
only.

Yet there are concerns that
the costs of obtaining multiple
US passports could impact this
sector.

Source

“This is a source of business
that the Bahamas exploits with
a partner such as Atlantis,
where a Phase III investment
greatly expanded the offering
beyond their original ground-

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

following:

NOTICE

t NOTICE is hereby given that GLORIA DOWNER P.O.

* BOX CR-56701, NASSAU, BAHAMAS, is applying to the

. Minister responsible for Nationality and Citizenship, for
4 registration/naturalization as a citizen of The Bahamas, and
‘that any person who knows any reason why registration/
4, naturalization should not be granted, should send a written
“and signed statement of the: facts. within twenty-eight

days from the 5th day of February 2007 to the Minister
- responsible for Nationality and Cena. P.O.Box N- 7147,
* Nassau, Bahamas.

NOTICE
-RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
“ALL THAT” piece parcel or lot of land béing Lot No, 161,
Fywnam Hieghts Subdivison situated in the Southern District
on the Island of New Providence one of the islands of the
Commonwealth of the Bahamas. Situated thereon is a Single
Family Residence consisting of 3 Bedrooms, 2 1/2:Bathrooms.
‘Property Size 10,031 sq. ft.
Building Size: 2,128 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED.

Be ew ah

All offers should be forwarded in writtingin a sealed
enevelope, addressed to the Manager, Royal Bank Collections
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
1769”. All ofers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.

4
§

‘SENIOR RELATIONSHIP MANAGER

4
4 Trust & Corporate Services

4

& reputable financial institution headquartered in Bermuda, with offices in The
Bahamas, Barbados, the Cayman Islands, Guernsey, Switzerland and the United
Kingdom, Butterfield Bank offers a wide range of services to local and
fotemational clients. .

ia exciting opportunity currently exists for a results oriented self starter with a
gcord of professional achievements to join a dynamic Trust & Corporate Services
txam. The successful candidate will report directly. to the Head of Trust &
orproate Services.

~ftr-~nsssssnenecusssensndassatsascansansnsnnssesssasssssasnssanseesaasseassntacaanasesinensassscssnassasscsssunsnsanecsasssssassensasscessstnnsasssesstunenssccessesssssesenssssenssscsasssnsasnacssnis
Core Responsibilities ..

Oversee a group of complex client relationships.

Provide technical advice to staff on trust and company structures,

Act on clients’ behalf in matters dealing with lawyers, beneficiaries, etc.

Extensive experience with all aspects of trust administration,

oe ote

esired Qualifications
Bachelor's Degree in Business or related discipline from a well recognized
university.

Five - Eight years progressive Fiduciary experience in the Financial Services
Industry.

STEP training or other suitable qualifications will be advantageous.
Proficient in Microsoft Office suite of products.

Strong interpersonal. communication, problem solving, project management
and customer service skills,

Mosing Date: February 16, 2007

see eh wees + eh a eS ode ew ode



Contact
Haman Resources
Batterfield Bank (Bahamas) Limited
. P.O. Box N-3242
Nassau, Bahamas
Fax: (242) 393 3772
E-mail: recroitment@ butterfieldbank.bs
Wwww.buttertieldbank.bs

Se SP ae cs seers ee

Butterfield ETA






“ALL THAT” piece parcel or lot of land being Lot of Land
Cowpen Road situated in the Southern District on the Island
of New providence one of the islands of the Commonwealth
of the Bahamas. Situated thereon is a Triplex Apartment.
Property Size 6,000 sq. ft.
Building Size :2,980 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED. ,

All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank Collections .
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
1263”. All offers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
“ALL THAT” piece parcel or lot of land being Lot No, 19F, ©
Grants Town situated in the Wesern District on the Island of New
Providence one of the islands of the Commonwealth of the Bahamas.
Situated thereon is a Single Family Residence consisting of (3) three
Bedrooms, (2) two Bathrooms.
Property Size 4,835 sq. ft.

’ Building Size: 904 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank Collections
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
2939”. All offers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.



RELATIONSHIP MANAGER

Trust & Corporate Services

A reputable financial institution headquartered in Bermuda, with offices in The
Bahamas, Barbados, the Cayman Islands, Guernsey, Switzerland and the United
Kingdom, Butterfield Bank offers a wide range of services to local and
international clients.

An- exciting opportunity currently exists for a results oriented self starter with a
record of professional achievements to join a dynamic Trust & Corporate Services
team. The successful candidate will report directly to the Senior Relationship
Manager.

‘

Core Responsibilities.
Manage a large portfolio of complex accounts including trust, estates and
agencies.
Provide financial information to clients as requested.
Act on clients’ behalf in matters dealing with lawyers, beneficiaries, ete.

Extensive experience with all aspects of trust administration,

Desired Qualifications
Bachelor's Degree in Business or related discipline from a well recognized
university.
A minimum of tive years progressive Fiduciary experience in the Financial
Services Industry,
STEP training or other suitable qualifications will be advantageous.
Proficient in Microsoft Office suite of products,

Strong Interpersonal, communication, problem solving, project management
and customer service skills.

Closing Date: February 16, 2007

Contact

Human Resources

Batterfield Bank (Bahamas) Limited
P.O. Box N-3242

Nassau, Bahamas

Fax: (242) 393 3772

E-mail: recroiiment@ butterfieldbank.bs

www. buttertieldbank. bs

Butterfield Bank

breaking family-breaking
attractions that instigated this
change,” the Ministry said.
Based

It added that based on June °
to August 2006 air arrivals,
potentially 40,000 families vis-
ited the Bahamas. Assuming a
family consists of one male, .
one female and children under
12, that translated into about
113,000 persons spending
613,000 visitor nights. Their
average length of stay was 5.5
nights.

Tar
ESTA
Mondays



°

NOTICE .
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot No, 10,
Blk#19, East Avenue situated in the Wesern District on the Island of
New Providence one of the islands of the Commonwealth of the
Bahamas. Situated thereon is a Duplex Apartment consisting of (2)

two Bedrooms, (2) two Bathrooms.”

Property Size 7,500 sq. ft.

Building Size:1, 950 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE-CORPORATION OF
BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed

envelope, addressed to the Manager, Royal Bank Collections

Centre, P.O. N- 7349, Nassau Bahamas and marked “Tender

2864”. All offers mus ived by the close of business
iy, 200

Picea





2005
No. 00453

Commonwealth Of The Bahamas
In The Supreme Court
Equity Side

IN THE MATTER of all that piece parcel or let of land
having an area of 54,890.88 square fee situate in the _
Island of Crooked Island‘one of The Islands of The
Commonwealth of The Bahamas.

AND IN THE MATTER of the Quieting Titles Act 1959.

AND IN THE MATTER of the Petition of
FLORENCE ANDERSON.

NOTICE OF PETITION

Notice is hereby given that Florence Anderson of the
Southern District of the Island of New Providence
(hereinafter called “the Petitioner”) claims to be the owner
of the unencumbered fee simple estate in possession of
the land hereinafter described, that is to say:

ALL THAT piece parcel or let of land having an area
of 54,890.88 square fee situate in the Island of Crooked
Island one of The Islands of The Commonwealth of The
Bahamas and being a lot of land situate on the southern
side of The Queens Highway bounded on the NORTH
by the said Queens Highway and running thereon One
Hundred and Fifty one and Eighty Hundredths (151.80)
feet on the EAST by land said to be the property of Lucy
Winter and running thereon Three Hundred and Sixty one
and Sixty Hundredths (361.60) feet on the SOUTH by
land now or formerly the property of The Anderson Family
and running thereon One Hundred and Fifty one and
Eighty Hundredths (151.80) feet and on the WEST by
land said to be the property of Virginia Deleveaux and
running thereon Three Hundred Sixty one and Sixty
Hundredths (361.60) feet.
A Plan of the said land may be inspected during normal
office hours in the following places:-

a) The Registry of the Supreme Court in the City of Nassau
b) The Chambers of McKinney, Bancroft & Hughes situate
at Mareva House, 4 George Street, Nassau Bahamas
c) On.the notice board at the office of the Administrator

on Crooked Island

NOTICE is hereby given that any person having dower
or right of dower or any adverse claim or a claim not
recognized in the Petition shall on or before the 15th day
of March A.D., 2007 file in the Supreme Court and serve
on the Petitioner and the undersigned a statement of their
claim in the prescribed form, verified by an Affidavit to
be filed therewith together with a plan of the area claimed
and an abstract of their title to the said area claimed by
them. Failure of any such person to file and serve a
statement of claim on or before the 15th day of March,
A.D. 2007 will operate as a bar to such claim.

Dated this 10th day of January 2007.

McKinney, Bancroft & Hughes
Mareva House
4 George Street
Nassau, New Providence
The Attorneys for the Petitioner





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‘
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Volume: 103 No.62

PST SINE



ame (Y\, ‘The Ir ibun

i'm lovin’ it. | |

| Hig Ta Wee &
WINDS BUSTING |

|
1

The Miami Herald

BAHAMAS EDITION

MONDAY, FEBRUARY 5, 2007

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t
\

US passport plan may
cost our hotels $167m

aT tT SSS 4 TH)

Crystal Palace
staff take action

lm By ALEXANDRIO
MORLEY
Tribune Staff Reporter



A MASSIVE sick-out by
Crystal Palace casino workers
took place yesterday, despite
warnings of mass firings from
hotel management.

The mass sick-out was con-
firmed .by numerous hovel
sources who described the casi-
no as “looking scanty.”

‘On Friday, 131 members of
the Bahamas Hotel Managerial
Association voted “yes” to sup-
port strike action against the
Baha Mar Group.

BHMA president Obie Fer-
guson said his members ‘were
“fed up” with Baha Mar execu-
tives’ refusal to complete nego-
tiations on their industrial
agreement and management’s
decision last year to pay

employees a one week Christ-
mas bonus, instead of the two
weeks the workers normally
receive.

Mr Robert Sands, vice presi-
dent of government and exter-
nal affairs for the resort, told
the press that any form of indus-
trial action by the casino work-
ers had the potential of jeopar-
dising ithe reputation of the casi-
no and the livelihoods and well
being of their.individual fami-
lies.

Mr Sands said a strike by the
casino workers would be ‘ille-
gal” because they were not
unionized, and he added that if
they do so, many of them would
find themselves without a job.

Mr Sands said the BHMA
strike vote had nothing to do

SEE page 13

‘Senator alleges firm formerly owned

by Babak still building warehouse







SENATOR Philip Galanis has expressed concerns that the con-
struction company formerly owned by Hannes Babak, who has been
barred from acting as the Grand Bahama Port Authority’s (GBPA)
chairman as a result of the shareholder dispute there, is still build-
ing Associated Grocers’ $8 million warehouse in Freeport.

Prime Minister Perry Christie intervened personally last Sep-
tember in a move that saw Mr Babak ‘sell’ H & F Babak Con-
struction and attempt to withdraw the company from the Associ-
ated Grocers construction contract, which sparked conflict of inter -
est allegations.

The Grand Bahama Contractors Association and others com-
plained about the contract awarded to H & F Babak by Interna-
tional Distributors of Grand Bahama, a subsidiary of US grocery
wholesaler Associated Grocers, to construct its $8 million ware-
house facility at Grand Bahama's Sea/Air Business Centre.

Mr Babak subsequently sold H & F Papal to John Gallagher, a

SEE page 13





4) @& HRH Prince Edward, the Earl of Wessex, jokes with members of the Bahamas National Youth Choir on Sat-
urday at Government House, before they perform in his honour.

Police treat
body find as
‘suspicious’

li By ALEXANDRIO
MORLEY
Tribune Staff Reporter



REPORTS are that a badly
decomposed body of a male
was found yesterday in the
Sunshine Park area.

The police described the
finding as a “suspicious
death.” They are awaiting the
completion of an autopsy
report to ascertain cause of
death.

The report said the decom-
posed body, believed to be
that of a man in his mid-twen-
ties, was found in a house by a
neighbour just after 7pm.

* The body of a male, who
had drowned, was also found
in Mangrove Cay Andros,

The police said the man was
on a shipping vessel with
another individual, when he
fell overboard and drowned.
The man is 50 years of age.

SEE page 14



Gg carta a







a

_ Mitchell: govt, BPSU have
come to an understanding

B@ By ALEXANDRIO
MORLEY
Tribune Staff Reporter



PUBLIC Service Minister
Fred Mitchell says the govern-
ment and the Bahamas Public
Service Union have come to an
“understanding” in respect to
the labour concerns of customs

with Bahamas Public Service :
Union president John Pinder }
on Thursday, and they were }
able to work out the outstand- ;

ing issues.

Last Monday, John Pinder
said his union was in the process
of drafting a letter for Minister
Mitchell in a bid to have him :

deal with several pressing issues,

air FROM STAR TRACKERS MEET

(Photo: Ana Bianca Marin)

and immigration officers.
Minister Mitchell said he met

SEE page 13

Baggage handler indicted on
five counts of possessing,
conspiring to import cocaine

m@ By CHESTER ROBARDS

MIAMI, Florida - John Peters, one of the five Nassau Flight Ser- :
vices baggage handlers arrested in Ft Lauderdale in December, has;
been indicted on five counts of possessing and conspiring to import i
cocaine into the US along with four other individuals who have not }

yet appeared in federal court.

Arrest warrants were issued by the US for the four individuals —
Donald Miller, Nate Thompson, Curtis Moss and Jason “LNU” i
(Last Name Unknown) — in May last year, and the indictment }

charging them was unsealed following the arrest of Peters.

SEE page? 14





Casino workers sick-out

Prince hits the right note with youth choir

Hundreds seek
job applications
for wireless firm
at MP’s law office

lm By DENISE MAYCOCK
Tribune Freeport :

Reporter

FREEPORT - Hundreds
of Bahamians bombarded the
law firm of PLP MP Pleasant
Bridgewater on Saturday for
job applications to a new wire-
less company that is proposing
to build a multi-million dol-
Jar manufacturing plant in
Freeport.

“This arrangement, howev-
er, did not sit well with FNM
Leader Hubert Ingraham,
who was in Grand Bahama
this weekend attending a par-
ty function that was in very
close proximity — just across
the street from the job fair
conducted by Pegasus Wire-
less Corporation.

Scores of people — more
than 500 it was estimated —
attended the job fair held at
the offices of Bridgewater &

SEE page 14

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PAGE 14, MONDAY, FEBRUARY 5, 2007



~
>
ee

THE TRIBUNE

undreds seek job applications
for wireless firm at MP’s law office

and interviews with company

. Officials.
While addressing supporters
at the FNM Grand Bahama
Women’s Association 8am

FROM page one

Co in the Pioneer’s Profession-

al Plaza.
Persons stood in a long line in
. front of the business complex

i ll, M
from 8am for job applications the King Church Hall, Mr

Ingraham said that it was wrong









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F rst and foremost we would like to giv








Our hearts are heavy with emotions and







us away. She cared for her Mom with hope,
. this world. She had a faith in





that she did or said. She did everything

to us. Some people may have felt




that you’re





one another as He (Jesus Christ) loves us.
by it and preached it to her dying
a part of Yvonne’s life.





We have to be short and sweet;



MUST go to Almighty God. Doesn't it
God all of the glory and praise just for




earth. We need all of the help we can get.

prayer breakfast held at Christ -

OUR TRIBUTE TO OUR DEAR FRIEND

YVONNE CHRISTOFILIS

e God thanks for the life of Our dear
friend, Yvonne. God gave us this dear gift for a very short stint however her
lasting footprints will forever be engraved on our hearts. A shining light is now
in the possession of our Almighty God, giving Him all the praise and

our ears are left with a silence. A
silence that some of us will have to get use to. She lifted our hearts when we
were sad, she guided us to always stay in the light of God, she was a friend
you could call 2:00am in the morning, she encourage
and most of all she gave us the praise when we needed it the most. Her words
touched our hearts, her journey inspired us her sense of humor gave us joy
and her sense of purpose gave us hope. Her undivided and unconditional love
for her Dad & Mom was exemplary. Watching her care for her Mom during
her illness last year was a gift, she did it with savvy that sometimes blew
love and a faith that was out of
Is. She BELIEVED and
BELIEVED that her God would take care of her and her Mom. She walked
the walk and talked the talk for her Holy Spirit. He guided her in everything
under His instructions. She listened
and OBEYED!!! This was very inspirational for us to observe,

d us to stay on course

God that lifted our sou

Yvonne was total wacko!!! She laughed
about it and would tell us that she was in good company, they laughed at our
Lord Jesus Christ. You see my dear friends in Christ, when you're different
and 100% believe and live by the direction of Our Loving God, people think
nuts. We need to CHANGE this and CHANGE this fast, was her
words. One of her strong attributes that will always stay with us was “Allow the
Christ conscience to awake in your lives.” Simple and so easy to follow; love
She lived by this rule, was guided
bed. We are forever blessed to have been
Her life will forever be a guiding light for us to follow.

for Yvonne would not allow us to go on
and on. She was humble and told us that all of the praise should and
feel good to just get up and give
Yvonne’! She would like that.

May the peace of God go with you, Yvonne, may you
in total awe of His presence and most of all please pray for us this thing we call

and called on Prime Minister
Perry Christie to put an imme-
diate stop to such a "provoca-
tive” act on Grand Bahama of
residents desiring employment
with a new private enterprise
being required to go to a PLP
politician's office for applica-
tions and interviews.

He said: "The PLP can't and
won’t give up their nasty habit

of victimizing people who exer-
cise their constitutional and
God-given right of freedom of
association and freedom of
speech.

"It is especially aggravating
when they connive with for-
eigners in The Bahamas to vic-
timize Bahamians. That is what
they are doing to some FNMs in
Mayaguana. Now I am told they
are doing that right here in
Grand Bahama too.

“Scores of Bahamians this
morning, applying for jobs with
a new enterprise are being
directed to the office of a PLP
politician and they are lined up
out there. This is wrong and
very provocative and I call on
Mr Christie to stop it immedi-
ately.”

Mr Ingraham said that all
Bahamians have a perfect right
to access to all jobs and all
opportunities for which they are
qualified without having to
kow-tow to any politician, PLP,
or FNM.

He said that all foreign
investors who come to the coun-
try must know that The
Bahamas is not a corrupt
banana republic.

“We have a constitution, we
have rights, and we have laws
against victimization and dis-
crimination,” he said. “The
PLP continues to abuse the
democratic process, and the
constitutional and God-given
rights of Bahamian citizens. We
will not stand idly by and let
them do so,” he said.

Last November, Prime Min-
ister Perry Christie went to
Freeport for the announcement









glory.

it was special

shout to the hills





M PEOPLE gathe

of a proposed $22 million wire-
‘less manufacturing plant by
Pegasus Wireless Corporation
CEO Jasper Knabb.

Mr Knabb told Mr Christie
of his plans to open a plant in
Freeport by February that
would be targeting mostly
young high school students for
employment.

At the time, he explained
that his company would be
manufacturing components for
their wireless products used to
make wireless presentations,
and play DVD movie wireless.
He claimed that Pegasus is the
only company in the world that
has created the technology to
do so.

While at the job fair on Sat-
urday, The Tribune spoke with
Mr Jasper. He was extremely
pleased with the turnout of per-
sons seeking employment with
his company.

“The response has been over-
whelming as we had over 500
people come out today. We
really did not expect such a
large turn-out,” he said.

According to Mr Knabb, a

r outside of the law office of PLP MP Pleasant Bridgewater

site has been located for the
plant on West Settler’s Way and
Oak Street. He said they are
offering positions in 13 areas,
including customer service,
sales, reception, AP/AR Con-
troller, assembly workers, Web
Page/Graphic Artist, Security,
IT (Information Technology)
engineers, welders, fabricators,
IR, and technical support.
When asked by The Tribune
reporter why he chose to hold
the job fair at Bridgewater &
Co’s office, Mr Jasper replied:
“I chose here because it was
easy, we didn’t have anything
set up at the plant and Pleas-
ant Bridgewater is my attorney.
She is representing me through
the entire thing and she gave
me a boardroom, we had no
idea we’d have 500 people show
up.”
When told that some people
might think that having a job
fair at a PLP MP’s law office
could be misinterpreted as polit-
ical? Mr Jasper replied, “Would
you rather me have it at your
office? That is nonsense this is
not a political issue and nobody

Weekend police reports

FROM page one

e Ardastra Gardens was robbed of a large sum of money on
Saturday, according to police reports.

The police said a masked man, carrying a hand gun and
dressed in dark clothing, robbed the company of money and a
patron of a wrist-watch before leaving.

The report said the robber escaped on foot.

There was also an armed robbery on Saturday night in the

Palmdale area.

The police said a husband and wife had just arrived home
around 11 pm when they were robbed by four masked gun-

men.

The gunmen are reported to have stolen a large sum of cash
and two deposit bags, belonging to a company.

The police said the gunmen escaped on foot.

The police also reported that Operations Tri-party and Qui-
et Storm produced five warrants for arrest and 20 traffic citations

over the weekend.

All matters are currently under investigation.

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needs to make it a political
issue. I am a wireless man.”

When asked why job search-

es for his company were not
being conducted through the
Labour Department, he said:
“We are going through the
department of Labour also,
we are going through every-
body.
“You tell me why your peo-
ple want so many jobs. I am
simply talking to my managers
which are Bahamians, of which
two of them are in the FNM
and two in the PLP party. From
what I can tell, there is pretty
much an even spread of poli-
tics in this place.

“I am not interested your
politics. It is not my game. We
are here to build wireless; we
are here to get some jobs out

’ today.

“I am using my attorney’s
law firm because that’s all I
have. That is the only resource I
had at this moment, and if any-
body makes it into a political
issue they will have to come talk
to me personally,” said Mr
Knabb.

Baggage
handler

FROM page one

' In the case of USA vs Peters
et al, in which the five are
defendants, there are collec-
tively seven counts against
them. .

Counts one and two of the
indictment charge that all of the
individuals during a period
between April 15, 2005 to April
6, 2006 “did knowingly and
intentionally combine, conspire,
confederate and agree with
each other and with others
unknown . . . to possess with
intent to distribute a controlled
substance ... it is further
alleged that this violation
involved five kilograms or more
of a mixture and substance con-
taining a detectable amount of
cocaine”. \

Count three charges that on
October 20, 2005, Peters alone
attempted to import 500 grams
or more of a substance contain-
ing cocaine.

Counts four and five charge
that on December 5, 2005
Peters, Miller, and Jason
“LNU” attempted to import
500 grams or more of a sub-
stance containing cocaine.

Counts six and seven charge
that on March 22, 2006 and
April 6, 2006 respectively, Nate
Thompson and Curtis Moss
attempted to possess, with
intent to distribute, five kilo-
grams or more of a substance
containing cocaine.

Counts one, two, six and sev-
en all carry a maximum sen-
tence of life imprisonment while
the other three could exact a
40-year prison term.

Peters, who was arraigned
three days after his arrest and
pleaded not guilty to all charges
against him, is set to go to trial
this month.

John Peters and Roney Tony
are the only two of the five bag-
gage handlers arrested on
December 18 aboard a Spirit
Airlines flight from Nassau who
have been arraigned separately.

Last morith Lester Bain, 29,
Delvino Rigby, 26, and Marcus
Rolle, 22 were all arraigned in a
Federal Court, and pleaded not
guilty to charges of importing
500 grams of cocaine to the
United States between Novem-
ber 9, 2006 and November 10,
2006.

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PAGE 16, MONDAY, FEBRUARY 5, 2007 ; ; THE TRIBUNE
. INTERNATIONAL NEWS :

ee eee ee

Venezuelans march to
commemorate Chavez-led
military coup attem

Bi CARACAS, Venezuela

THOUSANDS of Venezue-
lans Backing President Hugo
Chavez marched through the cap-
ital Sunday, commemorating a
bloody coup attempt he led as a
lieutenant colonel 15 years ago,
according to Associated Press.

Waving Venezuelan flags and
chanting "The people united, will
never be defeated!" throngs of
Chavez backers wearing red — the
color of Venezuela's leftist rul-
ing party - marched from two
points on opposite sides of the
city to converge at Tiuna Fort, a
military base where they were
slated to join uniformed soldiers
for a memorial parade.

"We applaud the rebellion
spearheaded by Chavez," said
Gregorio Munoz, a 34-year-old
municipal worker. "He gave the
people hope for change, and now
he's changing our country
through socialism."

One man carried a poster read-
ing: "Revolution, Yes! Imperial-
ism, No!" Dozens of "Chavistas"
danced behind a sound truck
playing a hip-hop song that
boomed: "We don't want Grin-
gos here!" while others pulled a
giant inflated 12-meter (40-foot)
Chavez balloon through the
streets.

More than 80 civilians and 17
soldiers were killed on Feb. 4,
1992, before troops loyal to then-
President Carlos Andres Perez
quelled the short-lived putsch led
by Chavez.

Chavez supporters remember
the military rebellion as a violent
but justified attempt to replace a
corrupt government while the
president's political adversaries
argue the botched coup attempt
was an unnecessary uprising that
threatened one of South Ameri-
ca's oldest democracies.

Chavez —a close ally of Cuban |

leader Fidel Castro — has cele-
brated the rebellion's anniversary
every year he since took office in
1999. Government institutions
have been criticized by opponents
for providing participants in the
annual event with transportation,
food and free T-shirts.

State television broadcast spots
on Sunday praising the coup
attempt and referring to Feb. 4
as "The Dawn of Dignity." Cara-
cas Mayor Juan Barreto took out
full-page newspaper ads showing



@ VENEZUELA'S President-Hugo Chavez wearing a fatigue
uniform and the presidential sash salutes his supporters upon his
arrival to Fort Tiuna to ahead the 15th anniversary of 1992 coup

attempt in Caracas, Sunday, Feb.

Chavez dressed in olive green
military fatigues and his trade-
mark paratrooper's beret, wav-
ing a Venezuelan flag under a
banner title reading: "For now,
and forever, the Fatherland has
awaken."

Anita Colmenares, a 45-year-
old secretary opposed to Chavez's
shift toward socialism, railed
against Chavez for "trying to turn
a tragic event into something
grandiose" as she watched Sun-
day's march from a distance.

"He's leading our country
toward a precipice," she said.

Chavez spent two years in
prison for plotting the uprising,
and was pardoned by then-Presi-
dent Rafael Caldera in 1994.

After-his release, Chavez trav-
eled across the country, steadily
winning support for what was, at
first, a fledgling political move-
ment espousing the rights of the
nation's underprivileged, but

4, 2007.

(AP Photo/Fernando Llano)

which ultimately led him to the
presidency.

Chavez was first elected in 1998
and was re-elected after a new
constitution was drafted in 2000.
He won re-election by a large
margin in December and has
vowed to steer Venezuela toward
what he calls "21st-century Social-
ism."

Chavez himself was briefly
ousted in a 2002 coup that
he claimed the U.S. played a role
in.

The U.S. government has
repeatedly denied involvement,
although it recognized an interim
government established by coup
leaders.

Opponents accuse Chavez of
trying to install a Cuban-style sys-
tem in Venezuela and argue his
revolutionary rhetoric is danger-
ously dividing this oil-rich yet
poverty-stricken South American
nation along class lines.

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MONDAY, FEBRUARY 5, 2007

SECTION

|
|
B_
\
j
|

business@tribunemedia.net



The Tribune



Miami Herald Business, Stocks, Analysis, Wall Street




Colinalmperl

Insurance Ld





i

CO

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

he Government is mon-

itoring “four areas of

concern” inthe tourism

industry that could feel

the heaviest impact from

the Western Hemisphere Travel Ini-

tiative (WHTI), having forecast that

the Bahamian hotel industry might

lose $167 million in revenues and
233,000 visitors. }

In a working document, the Min-

istry of Tourism said it would be pay-

ing special attention to group and

Regulations ‘key’
to NHI success

passport plan may
t our hotels $167m

Government monitoring ‘four areas of concern’ - group travel, family summer vacations, Spring Breakers, and weddings
* Ministry estimates Bahamas might lose 233,000 visitors, 1.37m visitor pene and $278m it in revenue

convention travel, weddings, spring
breakers and the summer family busi-
nesses. Combined these four groups
accounted for almost:250,000 of the
visitors arriving to the country in 2006.+
The WHTI requires all Americans
travelling to the Bahamas to possess a
passport to return to their homeland,
and the Ministry of Tourism docu-
ment said “some hotels” in New Prov-
idence and Grand Bahama were

@ By NEIL HARTNELL

reporting “a softening of their busi-
ness for February”, the initiative hav-
ing taken effect from January 23,
2007.

The document said: “Given 2006
levels of Americans without pass-
ports, it has already been estimated
that the Bahamas could lose about
233,000 visitors, 1.37 million nights

and $278 million in revenue from the

implementation of this initiative.

@ By NEIL HARTNELL
Tribune Business Editor

THE National Coalition for
Healthcare Reform is prepar-
ing to ramp up its campaign to
educate the Bahamian people
on the “alternatives” to the
National Health Insurance
(NHI) plan, The Tribune has

_ been told, feeling the Govern-

ment has reneged on its
promises of consultation and

_to incorporate the Coalition

into the planning process.
Winston Rolle, the former

Coalition to ramp up
NHI campaign, upset
by government’s
failed promises

Bahamas Chamber of Com-
merce president and Coalition
consultant, said the group of
private sector, trade union and
medical organisations, had

SEE page 11B

‘Challenge’ ahead in
controlling public spending

@ By NEIL HARTNELL
Tribune Business Editor



CONTROLLING govern-
ment spending is “likely to

pose a challenge in the second -

half” of the 2006-2007 fiscal
year, the minister of state for
finance told The Tribune, due
to the need to finance capital
infrastructure projects.

But James Smith said, that
while funds would be released
for capital projects, these might
not necessarily be spent imme-
diately due to “capacity issues”

in the market for construction
labour.

The number of foreign direct
investment projects under con-
struction has meant that virtu-
ally all Bahamian construction
workers who wish to work are
now employed, the minister
explained, creating a tight
labour supply situation and
shortage of personnel for new
public sector works projects.

‘Mr Smith said of the Bud-

SEE page 10B

‘Trade with China...

it’s a numbers game

@ By NEIL HARTNELL |
Tribune Business Editor



A BAHAMIAN businessman has questioned whether the
Government “inflated” the amount of trade between this nation
and China, given that $125 million of the total $155 million in
goods and services traded comprises of Chinese-built ships that
are registered on the. Bahamas’ Shipping registry.

Rick Lowe, operations’ manager at the Nassau Motor Com-
pany, told The Tribune he had received a letter from Patricia
Rodgers, permanent secretary at the Ministry of Foreign Affairs,
confirming that in 2005, China imported $188,349 worth of prod-

ucts from the Bahamas.

In return, she said the data, which was from Chinese Customs

Tribune Business Editor

THE Bahamas International Securities
Exchange is “85 to 90 per cent complete”
on the redraft of its listings and continuing
obligations rules, its chief executive told
The Tribune, and hopes to publish the
draft on its website to obtain feedback
“before the end of this month”.

Keith Davies said the redrafted BISX
rules would cover the timelines and con-
tent for listed issuers’ financial filings, cor-
porate governance, sanctions for breaches

\



“As would be expected, hotels
stand to lose the bulk of the revenues
in direct goods and services produc-
tion, estimated at some $167 million.”

The Ministry of Tourism working
paper expressed concern that the cost
of multiple passports for US group
travellers could hinder the develop-
ment of this nation’s convention busi-
ness. Currently, SuperClubs Breezes
is the only resort that offers passport

cent

hole

reimbursement for group travel.
The Ministry noted that group busi-
ness travel was generated through
three channels - independent meeting
planners, corporate meeting planners
and business incentive houses. They
accounted for 30 per cent, 30 per cent
and 40 per cent of the group/conven-

SEE page 15B

BISX rules redraft ‘85 to 90 per cent’ done

Changes to fill ‘some holes’
on sanctions, compliance

acquisitions (M&A).
Mr Davies: “I’d say we are 85-90 per

complete doing the draft. Now we

will have a physical draft.
“In doing that work, we noticed some

s, some Omissions and some ambigu-

ities that we’re trying to fill. I would hope ~

SEE page 14B:

—of-the-rules-and possibly mergersand-__.-.—-.—-f KEITH DAVIES. —— °

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The. Miami Herald |



WALL STREET

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| MONDAY, FEBRUARY 5, 2007

BOER AN A EAR OSA POE EISRLION ISO SMO RBSEDIN



3B

Double-digit growth eluding top firms

§ Wall Street was holding out
hope that a few companies were
going to report double-digit
profits, but the likelihood of that
happening is almost nonexistent.

BY JOE BEL BRUNO
Associated Press

NEW YORK — For America’s top
500 companies, the absence of
extraordinary earnings news this past
week pretty much guarantees 18 con-
secutive quarters of double-digit
profit are over.

Wall Street analysts say fourth-
quarter results are running just about

WORKPLACE

Kindness
can goa
long way

BY A new book about the power of
nice proposes that a little
kindness at work can hold the
whole office together.

BY PATRICIA KITCHEN
Newsday

Every office, if it’s lucky, has its
Bonnie Boynton.

Boynton is a customer service rep-
resentative at Action Envelope in
Lindenhurst, N.Y., and she’s the per-
son who bakes cakes for people’s
birthdays, brings in the plug-in air
freshener when the office is smelling
a little musty, says good morning to

- everyone and gets her husband to

come in after work to help put up the
office Christmas tree.

The way that air freshener perme-
ates the office, that’s the way Boyn-
ton’s “spirit permeates the com-
pany,” says Sharon Newman,
president. She’s “almost like a linch-
pin around good feelings.”

Such is the message of the new
book The Power of Nice — How to
Conquer the Business World with
Kindness (Doubleday, $17.95) — with
a forward by Jay Leno. Authors Lisa
Kaplan Thaler and Robin Koval
write: “It is often the small kind-
nesses — the smiles gestures, compli-
ments, favors — that make our day
and can even change our lives.”

Yes, there can be downsides to
unleashed niceness, such as turning
into the office doormat. The more
cynical among us, certainly, can show
considerable annoyance at all that
goodwill. And we all might be able to
point to examples of the maxim that
says, “No good deed goes unpun-
ished.”

Still, the authors say, the reasons
to do the nice thing are compelling.

If for no other reason, it’s to avoid
being seen as mean, and “mean is so
last generation,” says Thaler, chief
executive of The Kaplan Thaler
Group, a New York advertising
agency where co-author Koval is
president.

In a society in which thoughtless,
Scrooge-like acts can be shared
through instant message or captured
on video, “a small misdemeanor can
be flashed around the world,” she
says, “and no amount of advertising
can help a company un-Google itself
from bad behavior.”

But, beyond that, these workplace
do-gooders are “the glue that holds
the office together,” even if they are

*TURN TO KINDNESS,
FOOT CARE

on par with historical averages. As of
Jan. 31, with 57 percent of S&P com-
ponents reporting, companies have
posted profit growth that has aver-
aged 8.1 percent, the rating agency
said.

But measure the latest results
against the third-quarter’s 23 percent
performance and the fourth quarter
pales in comparison.

“There was some hope of getting
back into double digits if there were a
few surprises, but that’s over now,”
said Howard Silverblatt, S&P’s senior
index analyst. “There’s nobody left«
that can hit a home run. We're still

)





going to finish under 10 percent no
matter which way you go.”

-Wall Street hoped some knockout
results from major U.S. companies, or
a surprise here or there, might give
the S&P 500 enough juice to hit 10
percent growth. But, even with
strong earnings from the likes of
Exxon Mobil, growth still remains in
single-digit range, Silverblatt said.

The fourth quarter is also leaving
some investors disappointed as a
number of closely-watched compa-
nies had lackluster results, including
Ford, Alcatel-Lucent, 3M and
Advanced Micro Devices.



PAYING FOR SCHOOL: Democratic lawmakers and President Bush are trying to raise the maximum
amount of money for Pell grants - federal grants to middle- and low-income students.

~PREFERRED-LENDER-
LISTS BEING PROBED |

INVESTIGATING THE TIES BETWEEN COLLEGE
OFFICIALS AND STUDENT LOAN COMPANIES

|
| THE NEW YORK ATTORNEY GENERAL’S OFFICE IS

companies.

The inquiry by the attorney gen-
eral, Andrew M. Cuomo, shows a
sharpening focus-by government
officials on the often undisclosed
relationships between loan compa-
nies and colleges and universities,
particularly as tuition has soared
and private student loans have
become an extremely lucrative and
fast-growing business.

Sen. Edward M. Kennedy, the
Massachusetts Democrat who is
chairman of the committee on
Health, Education, Labor and Pen-
sions, is taking aim at so-called pre-
ferred-lender lists, which college
financial aid offices compile to rec-



BY JONATHAN D. GLATER
New York Times News Service

Colleges and universities nationwide, from New York to Nebraska,
began receiving formal requests for information from the New York
: attorney general’s office Friday as part of an investigation of financial
| relationships they or individual college officials have with student loan

ommend loan companies to stu-
dents. Because students tend to
rely on this advice, getting on the
list is crucial, and lenders use vari-
ous tactics to curry favor with col-
leges. Kennedy is pushing a bill, the
Student Loan Sunshine Act, that
would require the disclosure of
such arrangements, ban gifts and
services worth more than $10 to
college employees, and require
lenders to tell students that they
might be eligible for low-interest
federal loans.

The federal Education Depart-
ment, which until recently paid rel-
atively little attention to such prac-

Podiatrists make strides for feet

@ Finding its niche, Footcare
Express offers corrective
measures to tackle the walking
pains of post-modern man and
woman.

BY JANE BUSSEY
jbussey@MiamiHerald.com ,

You can almost hear the thump,
thump of feet striding across the
screen at Footcare Express as Charles
Mutschler peers at the picture, scruti-
nizing the gait.

“Here’s one. See how the outside
of the foot almost doesn’t touch,”
said Mutschler, a podiatrist, as he
pointed at a pair of feet that tilt
inward over the arch.

Spotting problems in a patient’s
gait using video motion analysis is

LEAL LEMLA LA LIVERS GREE DER SELES



one of the ways the specialists at
Footcare Express diagnose and treat

- foot, leg and muscular-skeletal prob-

lems. Mutschler, who is the medical
director at Footcare Express, watches
a lot of patients’ leg and feet videos.

Besides video analysis, Footcare
Express podiatrists also use X-rays

‘ and ultrasound to diagnose and treat
. problems.

Footcare Express places under one
roof a retail store, a center for podia-
try consultations and a manufactur-
ing site for corrective inserts, which
are known as orthotics.

The company is owned by Harold
Reinhartz, a podiatrist, and his son
Jarett Reinhartz, who is a pedorthist
— a specialist who fits and makes
correctional inserts or specially fitted

ogee Rat REMERON RAT RECN

shoes,

Podiatry — the treatment of prob-
lems of the foot — is a growing busi-
ness because of the burgeoning
demand for corrective inserts to
improve sports performance or
reduce pain in the feet, legs or even
lower back.

Those turning to podiatry include
top athletes striving for peak perfor-
mance, weekend runners trying to
avoid pain, overweight Americans,
fashionistas seeking repairs after a
steady foot diet of Jimmy Choo and
Manolo Blahnik stilettos and just
ordinary people.

The human foot, with its 26 bones,
was actually designed to go barefoot

* TURN TO FEET



About 308 S&P members reported
results as of Feb. 2, and 197 have
posted profit above Wall Street pro-
jections, according to Thomson
Financial. Sixty-three fell below
‘expectations, while 48 matched.

The best news has come from the
financial sector, where Wall Street
banks turned in record results all
year. Investment banks have enjoyed
an unprecedented run thank: to the
rallying stock market, including
robust fees from advising on some $4
trillion of acquisition activity in 2006.

With help from companies like
Merrill Lynch & Co. and Goldman



MIAMI HERALD FILE

tices, is weighing whether toregu- |
late preferred-lender lists, perhaps
by requiring colleges and universi-
ties to include acertain, minimum
number of loan companies as ,
options; some institutions have just
one or two on their lists. These
combined efforts could pose a peril
to some loan companies, wh.ch
have flourished as private student
loans, not guaranteed by the fed-
eral government, have grown at an
average rate of 27 percent annually
since 2001. Private loans now make
up 20 percent of total education
loan volume; students took out
more than $17 billion in such loans
last year, according to the College
Board.

But the most aggressive action
so far is by Cuomo, who has
demanded information from eight
loan companies, including Educa- |
tion Finance Partners and Sallie
Mae, the nation’s largest student
lender, and plans to query more |
than 60 colleges and universities. |

“My office is seeking to ensure
that students are being steered |
toward lenders offering the most |

*TURN TO LOANS.



Sachs Group, S&P said 26.7 percent
of the index’s earnings are coming
from the financial sector. Energy
companies account for about 14 per-
cent of the earnings.

But the technology sector has
been the most troublesome. Tele-
communications companies remain
the index’s laggards, while warnings
and weak profit outlooks from
broader tech players received an
unsettling reception by investors.

Those disappointing include JDS
Uniphase, Sandisk and even Yahoo.

* TURN TO GROWTH

IRS

Tax credits
reward
energy
efficiency

=! Consumers can get tax credits
on hybrid vehicles or
energy-efficient home
improvements such as water
heaters, windows and doors, but
dishwashers and refrigerators
don’t qualify.

BY EILEEN PUTMAN

Associated Press

WASHINGTON — Did you install
an energy-efficient.water, cheater or,

_furnace in 2006? Howw.about.a solar

panel, storm doorrinsulation? You
may reap a reward at-tax-times~ ><

With fuel and other energy costs
skyrocketing last’ year, consumers
who purchased energy-efficient
home improvements or hybrid vehi-
cles can take a tax credit — one of the
tax code’s biggest prizes.

Credits amount to pure gold for
the taxpayer because they are a dol-
lar-for-dollar reduction in tax liabil-
ity, whereas a tax deduction only
reduces the income against which tax
is assessed.

Many home improvements can
qualify for the residential energy
credit, including insulation, certain
water heaters, air conditioners, fans,
furnaces, skylights, exterior windows
and doors, solar panels and metal
roofs with pigmented coatings
designed to reduce a home’s heat
gain.

The credit is usually 10 percent of
the cost, though there may be sepa-
rate limits for specific devices. For
example, up to $50 can be claimed for
a main circulating air fan and up to
$150 for a natural gas, propane or oil
furnace, or hot water boiler. No more
than $200 of the ae can be for
windows.

The credit is limnited: to $500 for
the 2006 and 2007 tax years com-
bined. So if you claim the entire $500
credit for 2006, you won’t get the
credit for 2007.

Separately, taxpayers can take a
credit of 30 percent of the cost of a
solar panel, solar water heater or fuel
cell power plant to heat their homes,
up to a maximum credit of $2,000. No
part of such a system can be used to
heat a pool or hot tub, however.

To be eligible for a residential
energy credit, the device has to be

* TURN TO TAX CREDITS

PHOTOS BY PETER ANDREW BOSCH/MIAMI HERALD STAFF

HELP IS ON THE, WAY: Jarett Reinhartz holds a mold, left, and a
corrective insert known as an orthotic while a computer displays an
image created by a laser scan of a foot.



MAA



Wa



st dora:

heen





PAGE 2B, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE

Tl




EMPLOYMENT
Od ee ae

@ By Fidelity Capital
Markets

moderate level of
trading activity took
place in the

Bahamian market this past
week, as 47,417 shares changed
hands. The market saw 12 out
of its 19 listed stocks trade, of
which five advanced, four
declined and three remained
unchanged.

Volume leader for the week
was Fidelity Bank (Bahamas)
(BAB) with 11,560 shares
changing hands, and account-
ing for 24.4 per cent of the total
shares traded. The big
advancer for the week was
Abaco Markets (AML), up
. $0.06 or 8.57 per cent to end
the week at $0.76. On the
down side, Freeport Concrete
Company (FCC), lost $0.05 or
9.09 per cent to close at $0.50.

The FINDEX gained 4.09
points for the week, to close
at 769.33.

RASTRRANTE
Villaggio
| PIAN@ BAR & CAFE
Seeks to employ experience

Pizza Chef and
Dish Washers

Must be well-groomed
Fluent in the English Language
Must have own transportation
Must be able to work flexible
hours ;
Send Resume to:
Human Resources
P.O. Box CB 13647
Nassau, Bahamas
or Apply in person
Caves Village, West Bay Street.

COMPANY NEWS

(CBL) — Fiscal 2006 was
another banner year for the
Bahamian-owned commercial
bank. Not only did the bank
record its 10th straight year of
record breaking profits, but its

“ue yout
Dreads!

Wii

*)

as & Investments

-



To help with: + Retirement
+ College
+ Savings
+ Investments

We offer Flexible Annuities
Starting with an inital contribution of
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as low as $100 per month.
Single Annuities with a
minimum contribution of $2,500,

ta

Eatatlihed) 1920)

For more information call:
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Freeport 242-352-7209 § Exuma 242-336-3035

bafinancial@babinsurance.com

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‘Commonwealth Bank’



assets surpassed the $1 billion
mark. ,

For the year, net income
stood at $40.4 million, repre-
senting an increase of $8.6 mil-
lion or 27.14 per cent versus
$31.8 million in fiscal 2005. Net
income available to common
shareholders was $35.3 million
compared to $26.9 million
year-over-year.

Earnings per share increased
by $0.23 to stand at $1.08 as at
December 31, 2006. Return on
equity increased by 4.2 per
cent to 34.8 per cent, versus
33.4 per cent in 2005, while
Return on Assets stood at 3.76
per cent, which represents a
9.9 per cent increase year-over-
year.

For fiscal 2006, total assets
stood at $1.01 billion, an
increase of $164.7 million or
19.3 per cent year-over-year.
With such spectacular results,
CBL's board of directors has
declared an extraordinary div-
idend of $0.12 per share,
payable on April 30, 2007 to
all shareholders of record date
April 13, 2007.

In related news, CBL ~

opened its latest New Provi-
dence branch at Golden Gates.
CBL management has said the

opening of the new branch...

demonstrates the bank's com-

mitment to its customers by |

taking banking to the people.

Abaco Markets (AML) —
For the 2006 third quarter,
AML posted a net loss of
$753,000, an improvement over
a net loss of $1.2 million for
the same period in 2005.

Sales stood at $18.3 million, —

which represents an increase
of $1 million or 5.95 per cent
year-over-year, while cost of
sales grew by $538,000 or 4.31
per cent. Net operating loss for
the period was $234,000 ver-
sus $473,000 in 2005.

Despite the dismal results
being released this week,
AML's share price increased
by $0.06 or 8.57 per cent to
close the week at $0.76.





























FINDEX 769.33 YTD 3.67%
BISX

SYMBOL PRICE
AML $0.76 $0.06
BAB $125 Cotta gs
BBL $0.80 $-
BOB $8.03 - $-
BPF $11.00 $-0.30
BSL $14.60 $-
BWL $1.85 $-
CAB $10.00 $-
CBL $13.26 $0.26
CHL $2.00 $-
CIB $14.50 $0.04
CWCB_ $5.22 $0.17
DHS $2.44 $-0.06
FAM $5.70 $-0.10
FCC $0.50 $-0.05
FCL $16.21 $0.53
_FIN $12.30 $-
ICD $7.10 $-
ISJ $9.05 $-

PRE $10.00 $-

DIVIDEND/AGM NOTES:
December 31, 2006.

ary 26, 2006. «

2007. re

date April 13, 2007.

FOREX Rates

CAD$
GBP
EUR



Commodities

Crude Oil
Gold

DJIA
S & P 500
NASDAQ
Nikkei

+

The Bahamian Stock Market

FCL has declared dividends of $0.12 per share, payable on
February 8, 2007, to all shareholders of record date January 31,



International Markets

International Stock Market Indexes:



CLOSING CHANGE VOLUME YTD PRICE —

CHANGE
8000+ (24.50%
11560 0.00%
0 5.26%
0 0.00%
1320 2.65%
0 0.00%
0 5.71%
1100 0.00%
3814 6.00%
1423 5.26%
3000 2.47%
2000 337% |
8600 2.40%
1500 155%
1500 9.09%
3600 29.16% -—
0 2.33%
0 -0.70%
0 5.23%,
0 0.00%

¢ CWCO has declared dividends of $0.012 per BDR,
payable on February 7, 2007, to all shareholders of record date

* BSL has declared dividends of $0.285 per share, payable
on February 6, 2007, to all shareholders of record date Janu- —

¢ CBL has declared an extraordinary dividend of $0.12 per ©
share, payable on April 30, 2007, to all shareholders of record ©







Weekly % Change
1.1851 0.42
1.9666 0.37
1.2963 0.40









Weekly

$59.16 - 9.09 |
$653.00 0.76

_ % Change



Weekly
12,653.49 1.33

% Change

1,448.39 1.84
2,475.88 1.66

17,547.11 0.72

Trade with China...

FROM page 1B

million worth of goods from
China.

The letter was prompted by
Mr Lowe’s repeated inquiries
for confirmation to assertions
made by Fred Mitchell, minis-
ter of foreign affairs, last Sep-
tember that trade between the
Bahamas and China amounted
to $155 million per annum.

Official

Yet Mr Lowe told The Tri-
bune that an official at the Chi-
nese embassy had confirmed
to him that $125 million of Chi-
na’s vehicles and shipping
exports to the Bahamas con-
sisted of ships that were built in
China, then registered on the
Bahamian shipping registry.

This meant that while these

PMH sag

ships generated fees and ,

income for the Bahamas Mar-
itime Authority and govern-
ment, they generated relative-
ly little other benefits for the
Bahamas, and Mr Lowe
argued this showed that this
nation’s trade with China was
being inflated.

Instead, he argued that the
real volume of trade was.clos-
er to $29.65 million.

Mr Lowe said of the $155
million figure: “It was a ‘feel
good’ number by Mr Mitchell.
I think he was trying to make it
sound a little better than it
really was, but $29 million is
not a number to sneeze.at.

Million

“Some $125 million of that
number was for ships that were
only registered here. Why use

rs

UL ToL 9 te EE

it’s a numbers game

an inflated number when it
sound good?”

Trade

While the Bahamas’ trade
with China was “limited in
scope at this stage”, Mr Lowe
said the fact that the Govern-
ment had to rely on Chinese-
supplied statistics showed this
nation needed to improve its
economic data collection and
analysis if businesses were to
make informed decisions.

“It shows we need some bet-
ter data collection,” Mr Lowe
said. “Customs is supposed to
have that information based
on the goods entries, but that
information is not available at
this stage. We’ve got some
work to do there, as that infor-
mation is useful for every-
body.”

: ee





























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oy oR Pg a ey ee ee) eee Se

a. ee ee eo hoe

PAGE 2, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE



Eo a RN CEROIOY LOCAL: NEWS SiG WR i SD io ON
Ingraham claims Grand Bahama
has suffered under rule of PLP

m@ By DENISE MAYCOCK

Tribune Freeport Reporter

FREEPORT - Grand
Bahama has suffered under the
PLP government and the inept
leadership Prime Minister Per-
ry Christie, according to FNM
leader Hubert Ingraham.

Mr Ingraham was speaking
on Saturday at the FNM Grand
Bahama Women’s Association

Prayer Breakfast at Christ the
King Church Hall, where sup-
porters gathered in prayer and
worship.

Prayers were offered up for
the country, the party’s leader,
and the six candidates on Grand
Bahama by various ministers of
the Gospel.

Mr Ingraham said that it is
important for FNM supporters
to come together to bow their

heads in humility and ask God
for his help.

The current voter register
comes to an end next month,
leaving Bahamian voters with
only several more weeks to reg-
ister to vote in the upcoming
general election. :

Mr Ingraham claims the last
minute announcement made a
couple of days ago by the Prime

come to an end.on March 12,
is indicative of the PLP’s gov-
ernance of the country.

He said when the FNM was
in office it gave people enough
time to register. ;

“We gave notice on June 29,
2001, that the register would
come to an end at the end of
September 2001, to give people
time to register. It was seven,
eight, nine months before the



Minister that the register would

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' general election,” he said.

Mr Ingraham stated that the
register would have come to an
end this year anyway on April 3
by law, whether Mr Christie
said so, or not.

“They (the PLP) wait until
the last minute — this is how
they go. Everything is last
minute for them. But, time is
almost up and they could stench
as much as they like, it ain’t long
now.”

Mr Ingraham told supporters
in Grand Bahama that Nassau
is fed with up the PLP. He said
the PLP government has stood
by while Grand Bahama’s econ-
omy weakened and in some sec-
tors disintegrated.

He stated the PLP was absent
on the sale of the Royal Oasis
Resort — the sale that hasn’t
happened regardless of the
number of deals reportedly
about to close.

“The PM said last November

‘ that he was only then putting

his mind to it. Where was’ his
mind all along? Mr Ingraham
asked.

“They are absent as one busi-
ness after the other closes in the
International Bazaar. They are
absent as hotel rooms stand
empty and taxi drivers idle.
They are absent as unemploy-
ment on this island rises, busi-
nesses fail, and hopelessness
stalks the land! You cannot
trust them!”

“The PLP said they would
transform West End and make
it a new Freeport — 20 or so
years from now. But they have
approved, or at a minimum
turned a blind eye to the envi-
ronmental degradation occur-



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ring at West End every day.”

Mr Ingraham said the PLP
has failed to see the acres of
land that have been sacrificed
and trees destroyed.

He pointed out that excavat-
ed holes have been filled with
garbage, including scrap metal,
and dead fish are seen floating
in construction sludge. He told
Grand Bahamians that the PLP
cannot be trusted.

“You can’t trust them with
your schools, you can’t trust
them to hire teachers, you can’t
trust them with hurricane relief,
you can’t trust them with your
healthcare,” he'said.

According to Mr Ingraham,
Prime Minister Perry Christie
is the wrong man for the job.

He said the record shows that
Mr Christie sees no evil and
hears no evil, not even when
members of his front and back-
bench are accused of outra-
geous behaviour — sometimes
criminal behaviour.

“He believes whatever story

they tell him. He excuses the
waste of public monies in the

Junkman bleacher incident. He ©

chooses to remain uninformed
on the details of the Korean
fishing boat scandal. |

“He first denies a fight took
place between two of his mem-
bers in the Cabinet Room; then
he excuses it as a minor scuffle;
and then he reluctantly accepts
resignations from positions to
which he had appointed the
offending parliamentarians,” he
said.

Mr Ingraham said Mr
Christie believes, and would
have Bahamians believe, that
Shane Gibson acted appropri-
ately in relation to the Anna
Nicole matter.

“He is unaware, or so he and
half his Cabinet would have us
believe, of the undercover oper-
ations which resulted in five
Bahamians being arrested in the
United States for crimes
allegedly committed in the
Bahamas,” he said.



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THE TRIBUNE

LOCAL NEWS

MONDAY, FEBRUARY 5, 2007, PAGE 3





In brief

Two arrested
after police
discover haul
of cocaine

FREEPORT - Two men
have been arrested and charged
with drug possession after

olice discovered and seized

30,000 worth of cocaine at an
apartment in Freeport on Fri-
day.

Supt Basil Rahming reported
that at about 11am officers from
the Eastern Division executed a
search warrant on a residence at
Beaconsfield Drive, where it
was suspected that two men
were in possession of danger-
ous drugs.

During a search of the
premises, the officers seized a
white taped plastic package con-
taining one kilo of cocaine. A
39-year-old resident and a 47
year old of Limewood Lane,
both males, were arrested and

taken into custody,

The men are expected to be
charged in connection with the
matter on Monday.

Strong quake
shakes
western
Caribbbean

m JAMAICA
Kingston

A STRONG earthquake
shook parts of Cuba, Jamaica
and the Cayman Islands on
Sunday, authorities said. There
were no immediate reports of
damages or injuries, according
to Associated Press.

The magnitude 6.1 quake and
was centred in the Caribbean
Sea about 75 miles north-west
of Montego Bay, Jamaica, and
125 miles south-west of
Bayamo, Cuba, according to the
US Geological Survey in Col-
orado. It occurred just before
4pm local time.

Seismologists at the Univer-
sity of the West Indies in
Jamaica measured the quake at
a 5.3 magnitude.

,Authorities in Jamaica and.
the Cayman Islands said no |

damages or injuries had been
reported.

“We consider it a strong
earthquake,” said USGS geo-
physicist Bruce Presgrave. “It’s
enough off the coast that I
would not expect any major
damage; (though) there’s a pos-
sibility of some minor damage.”

Presgrave said tremors are
relatively common in the area,
which lies on the boundary
between two tectonic plates.

No tsunami warnirigs were
issued for the Caribbean and
no tsunami activity was
observed in the region, said Stu-
art Weinstein, assistant direc-
tor of the Hawaii-based Pacific
Tsunami Warning Center.

In Jamaica, the quake was felt
the strongest in the country’s
west end and nearly all of the
country’s parishes have report-
ed feeling it, said Margaret
Grandison, of the University of
the West Indies’ seismic unit.

“My children were upstairs
and I thought they were play-
ing,” said Lloyd Hill, who lives
in Hanover parish located some
160 miles west of the Jamaican
capital, Kingston. “When we
ran outside, we saw some neigh-
bours and they were obviously
shaken.”

Airline cuts
staff and
offices across
Caribbean

@ PUERTO RICO
San Juan

CARIBBEAN Star airline
has cut 40 per cent of its staff
and will close all four of its tick-
et offices across the region in a
bid to cut costs, according to
Associated Press.

The dismissal of about 188 of
the Antigua-based company's
470 employees comes about two
weeks after the carrier trimmed
its fleet by four aircraft — leaving
it with seven planes.

Caribbean Star also began
joint operations on Thursday
with another regional airline,
the Antigua-based LIAT. The
two companies announced in
late December that they had
agreed: to a merger and were
expected | to completely merge
within a Hee months.

eee erry
BTS

qa
Beer rab)



US diplomat stresses
strengthen airport security

@ By PAUL TURNQUEST
Tribune Staff Reporter

FOLLOWING the release of
US court dockets accusing one
of the baggage handlers at Nas-
sau Flight Services of placing
explosive material on interna-
tional airlines, the US Embassy
said that these allegations rein-
force the importance and

“urgent need” to reduce vul-

the seriousness of the allega-
tions being made as the NFS
case progresses.

“Obviously this case is a case
that is before the courts in the
United States, and a court of
law will review all the evidence
in a fair trial, and innocence or
guilt will be determined by a
court of law. But clearly the
allegations contained in the
court documents are serious

nerabilities at the Lynden Piti?*’ ones and without commenting

dling International Airport.
Without commenting on the
guilt or innocence of the vari-
ous parties accused, US deputy
chief of mission Dr Brent Hardt
told The Tribune that the
embassy is very cognizant of

on guilt or innocence, I think
that the evidence presented
reinforces the importance of
strengthening airport security,
and the urgent need to reduce
vulnerabilities that could allow
unscrupulous individuals to



@ DR Brent Hardt e

introduce bags and packages
onboard aircraft at Lynden Pin-

dling International Airport,”
he said.

Dr Hardt added that the
Embassy is also a part of the
task force created by the Min-
istry of Transport and Aviation
to review the security at the air-
port. This special committee
was formed after a number of
weaknesses were highlighted
by The Tribune in the past few
weeks.

The Tribune revealed that
the weaknesses, which were
allegedly exploited by the
accused baggage handlers from
Nassau Flight Services, were
still uncorrected, nearly a
month alter their arrests. Also
spurring on the formation of

the committee was a damning
report by the Transportation
and Security Administration
(TSA) of lack of security mea-
sures and precautions at the
Customs warehouse at the air-
port.

However, Dr Hardt said that
the embassy is very encouraged
by the work that the committee
has alréady undertaken to cor-
rect the security issues at the
airport.

“We hope to continue work-
ing within this group, and with
the Ministry of Transport to
address vulnerabilities that
have been identified and
strengthen overall the security
that is at the airport,” he said.

FNM members react after attacks on Ingraham

MEMBERS of the Free
National Movement in Grand .
Bahama took offence yester-
day to the “personal” attacks
launched on their party leader
Hubert Ingraham, in the
House of Assembly last week.

In an address from their
Grand Bahama branch, its
members called the remarks
and the members who made
them as “childish, shameless,
and dishonourable”.

“It has become increasingly
clear every day that the Pro-
gressive Liberal Party has no
real issues to deal with and
intend to spend the rest of the
election campaign taking pet-
ty personal shots at our
leader,” said Neko Grant, MP
for Lucaya. “They have made
him (Ingraham) the object of
personal attacks in the House
of Assembly, as they do not
seem to want to make the
business of governing the
Bahamas a priority,” he said.

Mr Grant added: “While
Grand Bahama has lan-~
guished in economic distress
for almost five years under
Christie’s administration
which has been unable to effi-
ciently address the closure
and sale of Royal Oasis hotel
and save our bleeding econo-
my, they instead choose to use
the House of Assembly as a
playground for name calling

: just like school children.”

Mr Grant noted that his fel-
low colleagues, Ken Russell,
MP for High Rock, the four
FNM candidates and their
campaigners have been
steadily working their neigh-
bourhoods, from the east to
the west listening to the peo-
ple of the Bahamas.

“We know what Grand
Bahamians want,” he said,
“they want a leader who
makes decisions, who can
stand with first world leaders
face to face, and who has
integrity and honesty.”

The MP went on to add
that anyone who needs vali-
dation of this fact can check
Mr Ingraham’s record.

“When the council of the
FNM voted for the return of
Mr Ingraham as leader it was
done as a result of the thou-
sands of Bahamians across the
country that called for his
return. That-return has

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stunned the governing party
and sent them into panic.

“Clearly if they thought that
Mr Ingraham was a liability
they would leave the FNM to
have him as leader. However,
their every effort to personally
attack him confirms that they
fear him and do not want him to
lead our party into the next
election,” Mr Grant said.

He added that since the “dis-
graceful tactics” used in the
House of Assembly last week,
he and his tellow candidates
have been inundated with calls.

“T have been stopped in the
streets and questioned as to why
the Ministers need to spend
their time on national television
campaigning on their dislike of
Hubert Ingraham.

“The people do not want
those they pay to waste their
time on such childish things.
They want their public servants

to address the critical issues of
immigration, crime, joblessness,
confidence in the judiciary, the
sovereignty of our nation and
the environmental integrity of
our nation.

“Grand Bahamians want to
know how their government
plans to help Grand Bahama,
they want to see the hope and
help they were promised, they
want employment,” said Mr
Grant.

Reiterating that the FNM will
not stand for these schoolboy
tactics, Mr Grant noted that the
FNM will debate the issues in
the upcoming election and will
discuss the PLP’s record of mis-
management, misadministration
and misinformation.

“We will not stoop to that
level of name calling; we are
grown ups who debate issues.
Is it too much for us to expect
that the current government will



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POST


PAGE 4, MONDAY, FEBRUARY 5, 2007

|
|

EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES ©
Switchboard (News, Circulation and Advertising) 322-1986 °
Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348

Mr Christie, your enemy isn’t The Tribune

IT SEEMS that government has two great
fears — The Tribune and former prime min-
ister Hubert Ingraham.

We would have thought that this country
faced far greater issues for discussion at elec-
tion time. Take crime, for example. We are
just entering our fifth week of the year and
already there have been six murders. And
this morning’s Tribune reports another “sus-
picious” death, which could bring the murder
count to seven. ;

Is The Tribune really a greater threat than
the possibility — if scientists’ predictions on
global warming are accurate — that some
of our islands could disappear from the face
of the earth within the next 23 years? It
seems that this sobering thought should
shake the politicians into reality. But no...

According to Prime Minister Christie as
far as threats go, The Tribune is “Numero
Uno” — a favourite expression of Kendal
Nottage when he was sports supremo in the
early days of the Pindling administration and
our sportsmen and women had started to
excel in international competition.

At a Fox Hill branch meeting on January
29 Mr Christie told supporters that The Tri-
bune is one of the greatest threats to his
administration in the coming election.

He accused The Tribune of being deter-
mined to restore FNM Leader Hubert Ingra-
ham to power and encouraged his supporters
to be aware of who is “trying to take us out.”

. Said the Prime Minister:

“And we will not hesitate as we go to our
various places of abode, to ensure that our
country knows, beginning tonight, that no
matter what The Tribune says, no matter
how hard they try to help Ingraham, the
more they do it, the more many of you must
cut it out. Cut it out and put it on our head-
quarter’s wall. Motivate our people. Show
them who’s trying to take us out. Put their
faces on the wall. Put their stories on the
wall. And every time we walk into these
headquarters we are motivated to spare no
effort to go to every nook and cranny of the
Bahamas, and to ensure that everytime they
rise up, we put them back down. PLP! PLP!”

Amusing if nothing else. However, what
the Prime Minister has forgotten is that The
Tribune does not make the news, it just
reports it. Our reporters are recording, and
we are commenting on the activities of the

‘real threats to the PM’s government — his
own politicians. So when it comes to plas-

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tering faces on the wall, many will be of his
own colleagues.

As they run hither and yon, like so many
loose cannon, many leaving scandal in their
wake, they are the ones creating the news
that threatens the already shaky Christie
empire. And so what will be plastered on
headquarters walls will not be the activities of
The Tribune, but the activities of their own
members.

Take for example, the foolishness that
came out of the mouth of Fred Mitchell on
the same evening that the Prime Minister
was targeting his enemy.

Fred Mitchell, who fancies himself as a
“journalist” is obsessed by Tribune Manag-
ing Editor John Marquis. He is determined
to tar Mr Marquis with the “racist” brush,
something that Mr Marquis certainly is not,
but we are satisfied that Fred Mitchell is.
But is this an issue that is of concern to the
people of Fox Hill?

They want Mr Mitchell to tell them what
he has done for them as a community — not
individual favours for a few, and certainly
not whether Mr Marquis is a racist.

The following is an example of the crude
foolishness that comes out of the mouth of a
man who wants to portray himself to
Bahamians as an urbane intellectual, ready
for launching on the international scene.

Said Mr Mitchell: “And no amount of
racist talk by John Marquis can denigrate
the legacy of Eric Wilmott in Fox Hill. That
man, ga soon find out, that same one who I
talked about, who is writing all this crap in
The Tribune every week, that man ga soon
find out where his real home is. Take what I
tell you. Let him keep foolin around.”

Mr Marquis does not talk racist, has nev-

er attempted to denigrate Mr Wilmott’s lega-
cy, and certainly knows who he is and where
his real home is, he also knows that he is a
master in his profession. Can Mr Mitchell
say the same?
. Crude threats against persons trying to
do an honest job will get Mr Mitchell
nowhere, and they certainly will not help
Mr Christie’s cause.

Mr Christie, wake up, your worst ene-
mies are in your own camp — it is not The
Tribune.

But The Tribune promises to record their
missteps and so your government will have
much to plaster on your headquarters’
walls.

facing the -
| police force

EDITOR, The Tribune.

OUR Royal Bahamas
Police Force continues to per-
form its duties, quietly, but
efficiently and effectively.
Many of their exploits go
unnoticed and there is little
media recognition. The exec-
utive management of the
Force needs to be congratu-
lated for their ability to moti-
vate members of the Force to
perform with such distinction
even in the light of manpower
constraints, the overwhelming
number of complaints and the
dangers that exist for Police
Officers working in crime-rid-
den communities.

The Force has been able to
maintain a high percentage of
crime detection and its suc-
cess in the apprehension of
criminals for gun and drug
crimes merits commendation.

In this 21st century the
Police has to perform in a
society which has undergone
major change and the Police
will encounter different prob-
lems beyond comprehension.
The information explosion,
availability of firearms, cou-
ples with rapid social changes
will make things really, really
difficult and even more dan-
gerous. We should prepare
ourselves to face the continu-
ing violence and pray that the
drive by the Police to eradi-
cate .firearms on our streets
will be successful. The efforts
of the Police would be suc-
cessful if every citizen assists in
providing the much needed
intelligence and information
on crime.

Many persons, in particular
our politicians tend to blame
the Police for crime in our
country. A lot of this blame is
expected during election cam-
paigns. The Police should not
alone be blamed for the main-
taining of law and order. The
Police have to work within the
parameter established by the
laws of our country and with
the resources available to
them. The Police Force must
be treated as a most impor-
tant arm of the judicial sys-
tem, the other functionaries
of the system being the

Courts, Prosecutors and Pub- |

lic.

Unfortunately for every
failure, the Police are blamed
and the other agencies jerk
away from their responsibility
and very often the Police are
made accountable for the laps-

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es of others.

It is hoped that our leaders
will pursue with haste the
establishment of much needed
Witness Protection, which

ought to be a major topic of

discussion at CARICOM, as
many of the Caribbean coun-
tries are experiencing similar
problems, such as the murder,
threats, and the disappearance
of key witnesses. Our CARI-
COM leaders should consider
discussing a CARICOM max-
imum security prison for long
term (lifers and recidivists) on
an island in the Caribbean.

THE TRIBUNE .



Challenges

Cc

Such a project could be
financed by all of the
Caribbean islands. »
Finally, we have a problem :
with our Courts granting bail
to persons charged with major :
violent crimes and those per-'
sons charged with murder; -
who are released from prison
after a lengthy stay without
trial. In Florida the electronic
anklets are being used effec- '
tively to monitor the move-
ment of persons on bail. I am.”
told that such persons are.
restricted from going to cer-
tain locations, such as airports
and seaports. It is a condition
of their bail.

PAUL THOMPSON, SR __,
Nassau,
January 25, 2007. ny

Price increase on:

imported items -

EDITOR, The Tribune.

s
»

IN RECENT weeks there has been negative comments and ,
suggestions that some food stores are price gouging the public.

Certainly, unfortunately out of anyone’s control, over the
past 15-months with the increasing cost of oil, all imported
items and even local services and products have had a price °
increase so as to compensate the fuel cost, BEC cost and uses of

utilities.

wow w

Certain people have been specific as to fresh vegetables or
produce, may I bother to possibly clear up some of the rates
charged on imported produce products.

Apricots, cherries, peaches, figs (fresh/dried), guavas, nuts,
Brazils, cashews and almonds all are subject to 30 per cent |
Customs duty. This also covers all other fruits, dried, bottled,
canned, frozen or in any way preserved are also liable to 30 per *

cent duty.

~ moe oe ow

Pineapples, water-melons and limes are liable to 35 per cent

duty.

Cantaloupes, honey-dews, musk-melons and papayas are all |

liable to 25 per cent duty.

Bananas are liable to 80 per cent duty.

Coconuts, grapefruits, guavas (dried and frozen), mangoes,
oranges, tangerines, plantains are liable to 10 percent duty.

DUTY FREE are apples, grapes (fresh/dried), pears, quinces :

(fresh), and strawberries (fresh).

Now all of the items are subject to Stamp Tax at 2 per cent |

even those which are Duty Free.

The unfortunate thing is that if shipping - transportation |
costs go up and then oil goes down, the $1 million question is will °
the shipping company reduce their tariff rates?

M A JOHNSON, MS
Nassau
February 1, 2007.

NETOPIA eee AC

Montrose Avenue
Phone:322-1722 ¢ Fax: 326-7452






ee ee en eee eee ee ee Pe



PAGE 6, MONDAY, FEBRUARY 5, 2007



IHeE TRIBUNE



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Invite application for the following positions:

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INFORMATION SYSTEMS MANAGER

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The Tribune wants td hear
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Ine IMIDUNG



AVENJENEISV GE, Dee ry er gt

a
Finally, a private
television licence

LI IS good news for
Bahamians that broad-

casting minister Obie Wilch-
combe has decided to grant
the county’s first private tele-
vision broadcast licence. Even
casual observers will by now
have noted the extent to
which the decision to free the
radio airwaves continues to

commend itself as one of the .

last government’s wisest
moves.

As a journalist himself, the
minister clearly understands
the vital developmental role
that a thriving, free media
actually serves. By stimulat-
ing public debate, presenting a
diversity of ideas and, impor-
tantly, promoting a stronger
culture of scrutiny of pyblic
figures, a free and diverse
media helps to drive a coun-
try’s political development like
few other tools.

To be sure, not all radio
programming since 1992 can
be described as likely to raise
the level of political con-
sciousness among Bahamians.
Some, of course, is sheer non-
sense, as can be expected from
anything that relies upon
broad popularity to generate a
profit.

But what has been clear is
the extent to which the exis-
tence of the independent sta-
tions has increased the sense
of circumspection, if not pro-
bity, among prominent public
officials. Politicians simply can
no longer expect (as they once
did with a confidence surpass-
ing arrogance) that glaring
_ instances of personal misbe-
- havior will be ignored by the
respectable media.

W here once
' Bahamians had to

rely upon the columns of
trashy tabloids (replete with
half-truths and innuendoes)
for information involving any
controversy, today, thanks
largely to the popularity of
private radio shows, politi-

- cians actually appear in talk
shows themselves to explain
their peccadilloes and express
remorse. Where they do not,
the pressure generated by
private radio coverage has
the potential to do real dam-
age.

Another side effect has
been that ZNS’s own radio
programming has changed to
permit more independent
host commentary than was
apparently the case in the
past. Tellingly, this particular
change has only come in
terms of ZNS Radio’s talk
shows and has not been
matched by significant news
editorial improvement. While
ZNS News failed to report the
MPs’ fight until it was so pub-
licised by other media that it
(like the MPs themselves)
could no longer resist broach-
ing it, talk shows on ZNS
radio covered it from the
start. ,

This raises the hope that

. the eventual proliferation of














-of things we
think, say or do

1.|s it the TRUTH?

2.|s it FAIR to all
concerned?

3. Will it build
GOODWILL and
BETTER
FRIENDSHIPS?

4, Will it be
BENEFICIAL to
all concerned?

www.rotary.org



PERSPECTIVES



OE

ANDREW ALLEN

private television news
reportage (which, in addition

to the JCN station, now

includes Cable TVs news
channel) will bring about a

similar improvement in ZNS.

television’s editorial philoso-
phy.

PUBLIC SERVICE
REFORM.CAN CUT
PETTY CORRUPTION

(): course not all cor-
ruption and misfea-

sance by public servants will
generate sufficient interest to
justify investigative journal-
ism. So much of it is of the
mundane, unexceptional vari-

"ety (like petty police corrup-

tion and workers in govern-
ment offices who seek sweet-
eners) that it is unlikely to end
any time soon short of sub-
stantial reform to the public
sector.

In particular areas of our



Politicians
simply can no
longer expect
(as they once
did with a
confidence
surpassing
arrogance) that
glaring instances
of personal
misbehavior will
be ignored by the
respectable
media.
I

public service, there are such
patterns of small-scale cor-
ruption that it is no longer
regarded as such. I was once
told by a venerable old clerk
in one of the registries that,
while he would not take a
bribe, I may find my law
chambers’ documents being
processed faster if I left a bot-

tle of rum in a certain cup-.

board from time to time. (I
didn’t oblige, but began check-
ing the cupboard regularly
myself, with disappointing
results). .

More serious (and less easy
to detect) are the consistent
reports of extortion involving
those on the fringes of soci-
ety who are unlikely to com-
plain, especially illegal
migrants. There are credible
reports of illegals who are vis-
ited weekly or even daily by
rogue police and immigration
officers essentially seeking
protection money for failing

e know.

printers

computers





anniversaty

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to perform their duty.

Pix broadcasting
‘helps eliminate cor-
ruption in general because it
creates a more aware and
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to-day petty malfeasance
alluded to above will require
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have to look again at the
diminished meritocracy and
somewhat perverse system of
incentives that obtain in the
civil service. ]

In the uniformed services,
for instance, the rate at which
good, honest and intelligent

officers outpace others of

equal seniority but lesser qual-
ities is far less than is the case
of private security firms, for
instance. That is owing to an
organizational disinclination
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Ce LLL aCe TCR eR Ye SPP I Le
PAGE 8, MONDAY, FEBRUARY 5, 2007

’ THE TRIBUNE



China beckons: CARICOM should follow

‘ll By Sir Ronald Sanders

(The writer is a business con-
sultant and former Caribbean
diplomat).

| HE continuing dichoto-

my within the Carib-
bean Community (CARICOM)
over the People’s Republic otf
China and Taiwan could begin
to hurt the grouping which has
been unable to establish a joint
policy toward China, now the
fourth largest economy in the
world and growing fast.

Belize, Haiti, St Vincent and
the Grenadines, and St Kitts-
Nevis continue to recognise Tai-
wan while the rest of the CARI-
COM countries have diplomat-
ic relations with China.

This division within CARI-

COM has kept the development
of a trade, aid and investment
policy for China off the agenda
of CARICOM Heads of Gov-
ernment even though China is
now involved with the region

in a number of ways including
as a lending member of the
Caribbean Development Bank
(CDB).

It is a favourable mark for



It is a favourable
mark for China
that even though it
is unhappy about
the continuing
recognition of
Taiwan by the
four CARICOM
countries, it has
not sought to
block their use of
its CDB funds.



China that even though it is
unhappy about the continuing
recognition of Taiwan by the

four CARICOM countries, it
has not sought to block their
use of its CDB funds.

The Chinese position is a
stark contrast from the position
taken by the US in 1979 when
the New Jewel Movement
seized power in Grenada and
the US broke off diplomatic
relations. Washington had laid
down a condition to the CDB
that Grenada could not access
US funds.

The importance of China in
the world and its potential value
to CARICOM countries was
underscored recently by two
events. .

First, China's foreign
exchange reserves, already the
world's largest, have passed $1-
trillion (US). The central bank
said its reserves stood at
$1.0663trillion at the end of
December, up more than 30
per cent from one year earli-
er, making China the first
country: Officially to top the
$1 trillion mark.

Second, the World Tourism

5-Star Resort invites qualified applicants for the following position:

Resort Manager

Candidate should possess the following qualifications:

10 years of executive resort management at a 4-Star or higher rated property
A minimum of a Bachelors degree in hospitality
Minimum 3 years’ experience with luxury condominium association management
Minimum 3 years’ experience in luxury real estate sales
Proven record of superior guest relations skills
Experience in room operations to include front office, room reservations and housekeeping
Proven profitable operations record of managing new & existing entities

Proven record in theming and opening up high end restaurants

Proven record of launching business in hospitality industry with turnkey success.

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Sunday, February 11th to Friday, February 16th, 2007

At 7:30 p.m. Nightly at

The Coral Road Tabernacle, Freeport, Grand Bahama
Under the Theme: “Jesus Will Do It For You”

Dynamic Speakers are:
Bishop Cleophas L. Capron, Jr. District Overseer
Bishop Arthur Knowles, District Overseer (C.O.G.) —
Bishop George E. Thompson, Bishop Oliver Kennedy
Bishop Rosevelt R. Rolle & Bishop Fred Newchurch

Hear our anointed Soloists: Glenda Stubbs, Hattie Williams,
Ruth Colebrooke, Charo Charles and Others, Be blessed by our
Crusade Praise Team, our Grand Bahama District Choir and by the

Church of God District Choir.

Crusade Coordinators are:
Ministers Barry B.Morris

and Cheryl M. Forbes



ed and changed!

Organization has announced
that by 2020 China will be the
fourth-largest source of global
leisure travellers.

But with the mountain of
money on which it is sitting
and the need to spend it, the
Chinese government has
already begun easing curren-
cy controls. They will be look-
ing for ways to invest and
spend much of it.

R ecenty tourists from
China have officially

been allowed US$5,000 to trav-
el, though Chinese officials say
that the figure is higher than
that. Now, it is likely that the
government may increase the
travel allowance permitting
tourists to travel farther.

Several Caribbean countries
have already been given
“approved travel destination”
status. These are: Antigua and
Barbuda, the Bahamas, Barba-
dos, Dominica, Jamaica, and St.
Lucia.

This gives them a head start
in trying to grab a meaningful
share of the market. But, they
are up against serious compe-
tition from the United States,
European Union countries
such as the UK and France,
Canada, Australia and South-
East Asian nations who are
already gearing for Chinese
tourists.

To get a share of the market,
CARICOM countries will
require not only joint Caribbean
planning, marketing and
alliances with airlines and tour
operators in China, it will also
need the help of the Chinese
government to provide incen-
tives and maybe even trans-
portation.

It is the kind of help that
would come out of a Joint
CARICOM-China Trade and
Investment Commission that
meets regularly to explore the







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= SIR Ronald Sanders

potential for mutually benefi-
cial relations and puts machin-
ery in place to achieve it.



Officials in
China would
undoubtedly -
welcome the
opportunity to
map out a joint
strategy for
China’s
involvement in
the region, as
they have done
in Africa.



Incidentally, and nat unim-
portantly, China could also be
encouraged to contribute to the
Regional Development Fund
which is so vitally important to
the development of the
Caribbean Single Market
(CSM) that was formally



launched by CARICOM coun-
tries in 2006.

he Chinese govern-
ment has shown no

reluctance to be active in the
Caribbean, and officials in
China would undoubtedly
welcome the opportunity to
map out a joint strategy for
China’s involvement in the
region, as they have done in
Africa. :

In November 2006, China
hosted a meeting with leaders of
48 African countries at which
the . Chinese President
announced that ‘by 2009 China
will double the assistance. giv-
en to Africa in 2006 in an effort
to forge a new type of strategic
relationship and strengthen’
cooperation in more areas and
at a higher level.

The prospect of a similar
summit between CARICOM
Heads of Government and
the Chinese President is dim
unless one of two things hap-
pen: Either, the four CARI-
COM countries that recog-

. 7, + 7 . .
nise Taiwan alter their policy
and join the others in estab-
lishing diplomatic relations
with China, or agreement is
reached that the others are
free to establish a Joint
Trade and Investment Com-
mission with China under the
umbrella of CARICOM but
excluding the four if they so
wish.

The continuing links by the
governments of Belize, St
Kitts and Nevis and St Vin-
cent and the Grenadines to.
Taiwan is understandable.
They have received consider-
able help from the Taiwanese
who continue to invest in
their economies — particu-

_ larly in areas where tradi;

tional donors and lenders
have shied away.

But a structured regional
relationship on trade, aid and
investment with China, which
is now indisputably an econom-
ic giant and which could offer
much to the people of the
Caribbean, ought not to be
delayed.

Responses to: ronald-
sanders29@hotmail.com

*

The Ministry of

i

< \S

S

Se

Works and Utilities








’

“

1
¢
’

Oil-rich Venezuela's
leader takes up the
conservation cause

mat i

~ THE TRIBUNE

@ AN electric station is seen next to the 23 de Enero shantytown in Caracas on Saturday.
President Hugo Chavez plans to invest some of Venezuela’s oil wealth in manufacturing solar
panels and has begun giving out millions of energy-saving fluorescent light bulbs nationwide.

‘

:@ VENEZUELA

Caracas

HIS, ambitious social pro-
grammes are built on Venezue-
la's petroleum wealth, but Pres-
“ident Hugo Chavez is increas-
ingly talking up environmental
causes and urging the world to
cut back on oil use to fight glob
al warming, according to Asso-
cluted Press.

r

+

He wants to use some oil rev-

enues in a venture to manufac-
ture solar panels and has begun
_ doling out millions of energy-
saving fluorescent light bulbs to

» homes nationwide.

Some critics say Chavez's
campaign is mostly rhetoric,
noting this is a country where
government subsidies have
gasoline prices at 12 cents a gal-
lon, car sales are booming and
vehicle exhaust chokes litter-
strewn streets. *

But Chavez says Venezuela
can be an example, and he has
begun exhorting his followers
to drive less and take public
transport. His government plans
a windmill farm to generate
electricity on the Caribbean
coast and is exploring more uses
for cleaner-burning natural gas.

"Venezucla is one of the
countries that least contami-

nates the environment, but nev- .

ertheless we want to give an
example ,and be at the van-
guard," Chavez said at a news
conference Thursday.

He called US oil consump-
.tion — which handsomely funds
his government — a leading
cause of the world's environ-
mental troubles.

"They're destroying the
world," Chavez said, citing
melting glaciers in the Andes
and predictions of rising sca Jev-
els. "The human race will be
finished if we don't change the
world capitalist system."

Leftist ideology colors
Chavez's views, and he has
spent time discussing the dilem-
ma of climate change with
Cuban leader Fidel Castro, his
friend and mentor.

Castro's obsession with ener-
gy saving has been caused in




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MONDAY, FEBRUARY 5, 2007, PAGE 9



CARIBBEAN NEWS .

part by Cuba's dependence on
oil imports. Before he under-
went intestinal surgery last sum-
mer, Castro was in the midst of

- an energy-saving crusade in

which he distributed pressure
cookers and offered household
tips on TV. j

In contrast, Venezuela is the

_fourth-largest oil supplier to the

United States and has tradi-
tionally had little reason to wor-
ry about saving energy.

Internationally, some envi-
ronmentalists warn that
Chavez's plan to build a South
American natural gas pipeline
across Brazil to Argentina could
be an ecological disaster.

Others, such as Venezuelan
activist Deborah Bigio, say
Chavez has interesting ideas but
add that the government needs
to put even more emphasis on
environmental issues.

"I don't see clear environ-
mental policies in Venezuela,"
said Bigio, who heads the Foun-
dation for the Defence of
Nature. She said Venezuelans
need to be given more concrete
incentives to encourage them
to save energy and protect their
natural surroundings.

Venezuela, a country of 26
million people and about twice
the size of California, has huge
tracts of grassland and jungle
in a sparsely populated interior.
Most of the population is in the
north, where Caracas and other
cities generate the bulk of air
and water pollution and use
much of the energy.

Taking Cuba's lead,
Venezuela has distributed mil-
lions of fluorescent ‘bulbs in
recent months, giving a blue-
grey glow at nighttime to’slums
that used to be swathed in com-
mon yellow incandescent light.

"We see the savings," said
Francis Izquierdo, a single
mother in Caracas who said her
power bill is about half what it
was before the bulbs were
replaced in her barrio.

Chavez also said recently that
he will raise gasoline prices to

. encourage Venezuelans to drive

less, although he has not said
by how much.











TA

. “Authorized Dealer” ;







:



(AP Photo/Fernando Llano)

The country's heavily sub-
sidised gasoline price has not
been changed for years and is
among the cheapest in the
world, encouraging strong sales
of fuel-burning sport utility
vehicles. Filling up an SUV's
tank takes roughly $3 - less than
the cost of two jugs of drinking
water.

Chavez said he also plans to
open a solar energy research
centre to eventually produce KC

solar panels "in massive quan- [Raga ET? y rays O T OG :

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It remains unclear when that
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@ PRINCE Edward walks round the children uals

Pe bhiwomwe



@ HRH Prince Edward, Earl of Wessex, talks to students of Kingsway Academy on Saturday

morning at Goverment House in Nassau.



Position Available
Maintenance Technician

The Maintenance Technician shall report to the Maintenance Supervisor and must be
familiar with, understand and operate according to the relevant elements of the Coca-Cola
Quality System.

Main Duties & Responsibilities:

The Maintenance Technician shall be responsible for the following activities, within the
limits of his/her specific skill: ;

1. Ensure that all equipment works at its optimum level of efficiency by the:
- Installation and commissioning of all plants, equipment, services and utilities
- Maintenance of building and facilities (plumbing, painting, basic carpentry an
masonry and electric)
- Mainienance of forklifts and other vehicles , :
- Fabrication, machining and welding of parts or items as required
- Repairs to all electrical and méchanical equipment
2. Carry out all necessary maintenance activities covering Planned Maintenance (PM),
Condition Based Maintenance (CBM), and Improvement Projects in order to
achieve the above.

3. Log and record all work undertaken to the satisfaction of the Maintenance Supervisors’
Monitor and operate any production line equipment to ensure that its working
efficiently.

’

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.

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Possess good troubleshooting skills.
Ability to read and understand equipment manuals.

Please submit written resume to:
Caribbean Bottling Co. (Bah) Ltd.
P.O. Box N-1123

Nassau, Bahamas

ATTN: Human Resources Dept.
On Or Before Feb.16th, 2007







ES SESS

@ THE Bahamas National Youth Choir performed in honour of Prince Edward during his visit to
the Bahamas.





ye et ee HG

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2 oe my

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77 7 BS ee & © ®t ce
THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 11

LS ese
Edward, Earl of Wessex talks to

youngsters at Government House



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Entry time
for National
Arts Festival

INAGUA All-Age School student Vashti Hanna performing
) dramatic piece at the E. Clement Bethel National Arts Festi-
val adjudication in Matthew Town, Inagua, last year.

Her performance earned her the top award in the Dramatised
Characterisation One Person class - Grades 10-12 - at the nation-
al level. ,

‘This year's adjudication is slated to start March 5, in New Prov-
idence: March 19, in Grand Bahama and March 26, in the Fam-
ily Islands.

‘The closing date for competition entry in New Providence and
Cifand Bahama is February 23, and in the Family Islands is
March 2.

There are late entry dates as well, which carry an additional fee
above the regular entrance fee. For further information, inter-
ested person can contact ;

ihe Festival’s Organizing Secretary Ms. Keva Cartwright,

allure Affairs Office Manager Ms. Regina Hamilton or Mr.
Wendell Demerritte at (242) 326-0152.

(BIS photo: Eric Rose)



LK QU

SS So

~S
N

CENTERING:

SEA BREEZE ESTATES

LOT NO. 132

PROPERTY SIZE: Two-storey
Residence (10,400 sq. ft.)
LOCATION: Golf Course Boulevard
(Past Seafan Drive)

APPRAISED VALUE: $397,256



o KENNEDY SUBDIVISION SUNSET MEADOWS SUBDIVISION
LOT NO. 48 LOT NO. 1
PROPERTY SIZE: Single Family Residence PROPERTY SIZE: Multi / Single Family
(4,000 sq.ft.) Triplex Apartment Building (10,149 sq. ft.)
a LOCATION: East Side of Vernon Street LOCATION: 187 Ft. West of Golden Isles
; . APPRAISED VALUE: 132,000 ‘ _ Road North of Cowpen Road

APPRAISED VALUE: $461,000







Meta Ma Clas eer ee Le



q. ENGLERSTON SUBDIVISION CHARLOTTE RIDGE SUBDIVISION
A LOT NO. 10 Block 47 LOT NO. 89
2 PROPERTY SIZE: Multi Family (10,062 sq. ft.) PROPERTY SIZE: Single Family (5,000 sq. ft.)
LOCATION: 1050 ft. South of Homestead LOCATION: South side of Churchill Avenue
i Avenue being the third lot bordering Boyd Subdivision
ae APPRAISED VALUE: $105,000 APPRAISED VALUE: $45,000 : :

AND POSTAL ADDRESS) TO CHERRY MISSICK, THE PLAZA, MACKEY STREET,

02-6200 FOR FURTHER INFORMATION. * WE RESERVE THE RIGHT TO REJECT



Ce

Se es ee

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Thompson Blvd.+ Oaks Field
t. 242.326.6377 ° f. 242.326.6315
e. sanpin@coralwave.com

-SANPIN MOTORS LIMITED

LOCAL NEWS ©



THE TRIBUNE







SN

@ CROOKED Island High School student Anthiniqueko Gibson performing at the E. Clement
Bethel National Arts Festival adjudication in Colonel Hill, Crooked Island, last year. Mr. Gibson

won the Guitar Solo, Open Class, (Community) at the national level.
; (BIS photo: Eric Rose).

National
oo

oe

x















singing at the E. Clement Bethel National Arts Festival
adjudication in Long Cay, near Crooked Island, last year.
Jasmond received the Luther Barnes Primary award, at the
national level.



(BIS photo: Eric Rose)



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THE TRIBUNE



Meyoy VENA

Senator alleges firm former

MONDAY, FEBRUARY 5, 2007, PAGE 13





by Babak still building warehouse

FROM page one

Bahamian contractor, with-
in five days “at a very big
loss” to himself, he said at
the time. He also denied
there was a conflict of inter-
est between the original con-
tract award and his GBPA
chairman post, and Interna-
tional Distributors of Grand
Bahama had not wanted to
release his firm from that
contract.

However, Mr Galanis last
night alleged that the com-
pany now working on the

International Distributors of .

Grand Bahama warehouse
was ABC, or All Bahamian
Construction Company.

He added that its address
on the sign at the warehouse
was listed as Freeport’s First
Commercial Centre. This,
and its PO Box and tele-
phone numbers - F-42692
and 351-4677 - were the
same as those that H & F

Babak had used.

Mr Galanis also alleged
that there was no record of
ABC’s incorporation lodged
with the Registrar General’s
Office, or of an application
or licence issued by the
GBPA. Nor was there any
record of H & F Babak’s
sale, he claimed.

Mr Galanis then alleged
that the GBPA’s Technical
Department had approved
building permits, in the name
of H & F Babak, for the
International Distributors of
Grand Bahama warehouse
on November 17, 2006, some
two months after the compa-
ny had been sold.

He added in a statement:
“It is said that the reason
that Associated Grocers ini-
tially selected H & F Babak
Construction Company to
build their warehouse was
because the type of technol-
ogy Associated Grocers
required was not to be found
with any other construction

| Mitchell: govt,
BPSU have come to
an understanding

FROM page one

most notably the promotions and salary concerns of the officers.
Mr Pinder claimed that some 200 Immigration and 420 Cus-

toms officers were requesting an increase in salary, but they

feel that their demands for higher salaries continue to fall on

deaf ears.

Mr Pinder threatened some form of industrial action if the
matters were not resolved within 14 days.

In respect of promotions of custom officers, Minister Mitchell
said recommendations have been already processed by the

Ministry of Public Service.

“They have been processed and they are on their way to the
Governor General for his signature,” Minister Mitchell told

reporters.

The minister said the Governor General indicated that it
would take two to three weeks for the promotions to be final-

ized.

Minister Mitchell also said Immigration Minister Shane Gib-
son had received a “preliminary list” of recommendations for
promotions for immigration officers, and that Minister Gibson
promised to send the recommendations onto the Department
of Public Service by the end of the week.

As for salary increases, Minister Mitchell said it was govern-
ment’s position that customs and immigration officers are not
considered “discipline forces”, like the Police and Defence
Force, which do not have a right to freedom of association

under the Constitution. ©

“Nevertheless,” Minister Mitchell said, “the government is
committed by way of a contract between BPSU and the govern-
ment to the completion of a compensation study at an early
time to determine the values of various jobs, so that these val-
ues can reflect with the actual value of what the salary should

be ”

completed.

The minister said salaries would be adjusted once the study is

Mr Mitchell said government had promised to rectify the
salary disparity between the Police Force and the Defence
Force when it came into office in 2002, and he claimed the gov-
ernment was stiil trying to resolve this issue.

Last week, Minister Mitchell told supporters at a “communi-
ty meeting” in Fox Hill that it was possible that members of the
Royal Bahamas Defence Force would see an increase in their
pay cheques as early as next month.

The Minister said: “That exercise is underway and it is
expected that the exercise will be completed shortly, and with
some good luck and goodwill, within the next pay packet.”

Minister Mitchell said government was working “expeditious-

ly” to resolve all of the issues.

Crystal Palace
staff take action

FROM page one

‘with casino workers.

In an exclusive interview with
The Tribune yesterday, BHMA
president Obie Ferguson
claimed that Crystal Palacie casi-
no workers had asked him to
be their spokesman.

“They met with me yesterday
and today, and they have asked
me to lead the discussion and
bring this matter to resolution,”
Mr Ferguson said.

Mr Ferguson said thiere was
no legal basis for the firing of
casino workers if they decided
to take industrial action.

“It’s a question of lalbour and
a question of capital, and work-
ers have the right to withdraw
their labour,” Mr Ferguson
explained.

According to a press release,
many of the casino staff feel vic-
timized and exploited and have
decided to “unite in solidarity to
make a difference.”

The press release says that
casino workers have not
received a raise in 12 years,
management has saturated the

(

casino with an unnecessary
number of staff, staff can no
longer exchange shifts amongst
colleagues, and the staff lounge
is in need of repair.

The casino workers are also
calling for the removal of an
Acting Casino General Manag-

er, who they are accusing of:

favouritism and poor manage-
ment skills.

The press release reads: “The
casino staff are well aware that
they cannot form a union. They
can however exercise their con-
stitutional right to associate as a
group. They have since formed
an association and have given
Mr Obie Ferguson permission
to speak on their behalf.”

Mr Ferguson told The Tri-
bune that any industrial action
conducted in the future would
be a “joint action” between the
hotel managers and casino
workers.

The proposed strike could
include all casino workers and
all managers and supervisors of
Radisson Cable Beach, Wynd-
ham Nassau Resort and Crystal
Palace Casino and the Nassau
Beach Hotel.

company in the Bahamas.
“On a visit to the site, it is
apparent that the warehouse
currently being constructed
is by the same method as the
method H & F Babak Con-
struction Company was

known for. If indeed this .

technology is reposed in no
one other than H & F Babak
Construction Company, it
must be that H & F Babak
Construction Company is the
company that is actually per-
forming the work at this
site.”

Remarks

The clear inference from

. Mr Galanis’s remarks is that

H & F Babak is operating
under a-different name; but
still constructing the Inter-
national Distributors of
Grand Bahama warehouse.
Other sources in Grand
Bahama, too, have also
alleged that the ‘sale’ of H
















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AST n mols)

& F Babak was more of a
‘parking’ or ‘lease’ arrange-
ment, where its personnel

. and equipment are leased to

another company. Yet with
Mr Babak no longer at the
GBPA’s helm, it may be dif-
ficult to see a remaining con-
flict of interest.

In addition, International
Distributors of Grand
Bahama had not wanted to
release H & F Babak from
the construction contract.

In an October 19, 2006,
letter written to Mr Babak,
International Distributors of
Grand Bahama's attorney,
Terence Gape at Dupuch &
Turnquest, said: “You will
also know that our client
raised repeatedly with you
during the negotiating of the
contract the potential issue
of you since becoming chair-
man of the Grand Bahama
Port Authority, and whether
this would present a problem
in any way in you and your
company undertaking these

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works. You repeatedly reas-
sured our client that there
would be no such problem.”
The attorney then added
that International Distribu-
tors of Grand Bahama felt it
had "an enforceable con-
tract" with H & F Babak,
and intended "to enforce the
same in accordance with all
terms and conditions".
"Our client does not agree
to release H & F Babak from

‘its obligations under the sub-

ject comtract, and will hold
that, company _ strictly
accountable for all its
covenants contained there-
in," Mr Gape said.

He added that Interna-
tional Distributors of Grand
Bahama selected H & F
Babak because its "singular
method of construction",
used to construct the Home
Centre (a building owned by
Freeport Concrete, a compa-
ny on which Mr Babak holds
a 43 per cent stake), with
"pre-cast, pre-stressed con-

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Contract

Mr Babak had written an
October 18, 2006, letter, ask-
ing for the company to be
released from the contract,
and in which he promised to
"personally indemnify"
International Distributors of
Grand Bahama for any loss
caused by“having to negoti-
ate with another contractor
or put the job out to re-bid.

Mr Galanis, who was
involved in a rival bid to Mr
Babak’s to purchase the
GBPA and its affiliate, Port
Group Ltd, last year, has
been a constant critic of the
GBPSA chairman, who is
currently prevented from
acting in that capacity by the
dispute between sharehold-
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[HE | HIBUNE



Ash from

@ PUERTO RICO
San Juan : |

A SPA has found a use for
ash spewed from the volcano
that ‘destroyed Montserrat's
capital in 1997: a new line of
‘soaps that combine the fallout
with rosemary, honey and
coconut, according toAssociated

_ Press. \

‘Lorenzo Cassell and his wife

Anne, who run the Emerald
Spa, say the gritty material -
belched out every few months
by the Soufriere Hills volcano
has a therapeutic quality. -

"T have always had a passion
for experimenting with the cre-"
ation of new products based on
what is available in the natural
environment," Anne Cassell.
said, me ae ;

Now available in gift shops
on the tiny British Caribbean
island territory, the couple
hopes to make the soap avail-
able in other countries and on
the internet this year. >.

_ The Soufriere Hills volcano
became active in 1995. An erup-
tion in 1997 buried much of the
south, including the capital of
Plymouth, and killed 19 people.

Share your

Call us on 322-1986 and
share your story. —











Montserrat volcano used to make soap



MONDAY, FEBRUARY 5, 2007, PAGE 15 —





"FUEL SURCHARGE 2006 - 2007 .



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4B) MonDAY, FEBRUARY 5, 2007 _

IRS

SAINTE RIVA TIONAL EDN idl aeolian

__MiamiHerald.com | THE MIAMI HERALD

Tax credits reward energy efficiency

° TAX CREDITS

“qualified energy property,”
meaning it must meet criteria
established by the 2000 Inter-
national Energy Conservation
Code and its supplements or,
for windows and certain other
items, bear the Energy Star
label.

How do you know if your
improvement meets the test?
The Internal Revenue Service
permits you to rely on the
manufacturer’s claim.

“You really are going to
have to rely on the promo-

WORKPLACE

tional material you get from
the manufacturer,” said Bob
Scharin, senior tax analyst
from Thomson Tax &
Accounting, who edits a
monthly journal for tax pro-
fessionals. “The IRS guidance
says you can rely on that. If
the IRS later finds that there
were inaccuracies, they can
fine that manufacturer.”
“Save your documenta-
tion,” says Mark Steber, vice
president of tax resources for
Jackson Hewitt Tax Service,
which has 6,000 tax prepara-
tion locations nationwide.

“Many companies who pro-
vide these types of property
have placed certifications on
their websites. Coupled with
proof of purchase, you should
be in good shape.”

Donna LeValley, contribut-
ing editor of J.K. Lasser’s
income tax guide, suggests
taxpayers check the Energy
Star website at http://www.e-
nergystar.gov for information
about energy-saving home
improvements. Energy Star is
a joint program of the U.S.
Energy Department and Envi-
ronmental Protection Agency.



CHRIS WARE/MCT

Kindness goes a long way

*KINDNESS

“aot che ones who.are landing.
the big accounts, says Maggie
Mistal, a career consultant in
New York. And some employ-
ers recognize and value that.

Boynton, 42, says doing
those nice things is just part
of her nature. “I want to do it.
Why not?” she asks. But New-
man says she sees her as “‘a
key person” in the company
and told her so in a recent
note that accompanied a bet-
ter-than-average holiday
bonus.

So, what’s’ behind these
good deeds? Donna Mont-
gomery, who. works in the
loan servicing department in
a bank in New York, says she
thinks ‘it bas to do with family
upbringing.

Or with passing along your

own good fortune, she says.

‘cneShe’s also: passing along
.these values to her two sons,

one of whom, Christopher,
was in the news recently
when he found a significant
amount of money a woman
had lost in a movie theater —
and turned it in to his boss,
the theater manager. The
message she sends to her
sons: “If you do a good deed
for someone else, it will be
returned to you.”

And, of course, sometimes
those good deeds do result in
new business.

The authors tell of Frank,
the gregarious security guard
in their office. A while back a
potential client from the Mid-
west came to visit, a little
wary of the Big Apple’s dog-
cat-dog reputation. But after
meeting Frank, the client said:

HOW TO BE NICER AT WORK AND MEAN IT

“This guy gave me a huge
hello....
thought, ‘How could I not
want to work with a company
that has someone like Frank?’

Apart from the potential of
a reward is the hit of positive
energy that some people say
they get from doing even the
smallest things to help create
a better-running office, such
as refilling the paper in the
copy machine or going an
extra step to help out a col-
league. “We all want to feel
connected, even us New
Yorkers,” says Paul Baard, a
professor of communications
at Fordham University. Doing
good deeds helps people feel
connected, he says, as well as
responsible for having made a
positive impact, no matter
how small.

® First you have to be nice to vourselt| in order to improve your “nice” quotient at work, says

- Darlene Aiken. How can you be there for others if you’re running on empty, says Aiken, author
of the self-published book How to be a Young Lady: Your Total Guide for Being the Best Possi-
ble You! “Take a moment to turn off the phone and relax” and work to recover ein what might
be months of self-neglect, she says.

® Band together with others. Kelly Daniele-Crosman, an attorney in Babylon, N.Y., describes
the pr ojects that she and other professional women, members of Zonta Club of Suffolk County,
a women’s service organization, engage in. The more than 40 members just donated clothing
and toiletries to a group of nurses who specialize in working with victims of sexual assault.
Ordinarily, victims can be called on to wear hospital gowns home after being treated for such
an attack, says Daniele-Crosman, president of Suffolk’s Zonta chapter.

® Avoid becoming the office doormat by learning to say “no,” but sandwich it between posi-
tive sentiments, says Linda Kaplan Thaler, co-author with Robin Koval of The Power of Nice -
How to Conquer the Business World with Kindness. lf you're asked to work yet another week-
end, say you're flattered to be thought of first for such assignments, but this weekend you have
a family responsibility. Still, you cquld come in early Monday or help find someone else to do

the project.

FINANCIAL AID

And all of a sudden I»

The Energy Star label indi-
cates a device meets govern-
ment energy efficiency guide-
lines.

Be warned, this credit isn’t
intended to apply to house-
hold appliances like dish-
washers or refrigerators, even
if they bear the Energy Star
label. It’s only for home
improvements that reduce a
home’s “heat loss or gain,”
according to the law.

You don’t have to submit
any of the supporting docu-
mentation with your tax
return, but you must submit

WALL STREET

Form 5695 showing your
credit calculation.

There’s another energy
credit in the tax code for
hybrid or alternative-fuel
vehicles, though applying it is
a bit trickier.

Taxpayers who bought a
new hybrid gas-electric car or
truck in 2006 are eligible for a
credit that depends on the
vehicle’s fuel economy,
weight and technology.

Complicating the picture is
the fact that the credit is
reduced on a quarterly sched-
ule after the quarter in which

the manufacturer reaches
sales of 60,000 of all its
hybrids and alternative fuel
vehicles.

For example, the popular
Toyota Prius originally quali-
fied for a top credit of $3,150.
Last Oct. 1, after Toyota
reached the 60,000 hybrid
vehicle mark, the Prius credit
fell to $1,575.

Taxpayers don’t have to
worry about calculating the
credit themselves or figuring
out whether the manufacturer
has reached the 60,000 mark.

_

€ ¢
oS
a

ty
‘Ay

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4.

4 +

Double-digit growth - :
coming to an end?

*GROWTH

However, S&P said about
72 percent of the index’s
information-technology com-
panies have still beaten ana-
lyst estimates.

Dirk van Dijk, director of
research for Zacks Equity
Research, said stocks might
still post double-digit gains if
you take a different approach.
The S&P weights stocks in its
index to come up with the
growth rate, while van Dijk
said he prefers to use the
median number for all the
stocks combined.

Using this formula, the
S&P 500 shows some 13.2 per-
cent of growth thus far into
the earnings period. Materi-
als, energy companies and
financials have been showing
the most growth, he said.

“On a median basis, we are
heading for double-digit
growth, the fourth quarter is
shaping up remarkably like
thes ‘first three quarters of the

FOOT CARE

S&P said about 72 percent of the index’s
information-technology companies have still
beaten analyst estimates.

year,” he said. “It is safe to say
we're going to be in the 12-
to-14 percent range when all
is said and done.”

Also taking a different
measurement is Thomson
Financial, which estimates the
growth rate at about 10.4 per-
cent. The financial informa-
tion provider uses net income
that excludes one-time items,
then compares that to esti-
mated profit from those yet to
report. Thomson is also not as
strict as S&P is about what
items can be included or
excluded from the bottom
line.

Either way, stock advisors
say the market has already
priced in the likelihood
results will be in the high sin-
gle digits. Investors really
aren’t paying all that much

attention either way.

“Everybody expected this
to be the end of double digit
and arrival of single growth,
this isn’t a surprise,” said
Todd Salamone, senior vice
president of research for
Schaeffer’s Investment
Research. “As a stock market
investor, I’m OK with these
lowered expectations because
I’ve already factored it in.”

And Salamone isn’t alone.
Wall Street has been off toa
good start this year, with the
Dow Jones industrials setting
new all-time highs and other
indexes also reaching mile-
stones.

Just this past week, the
Dow rose 166.47, or 1.33 per-
cent; the S&P is up 26.2], or
1.84 percent; and the Nasdaq

climbed 40.39, or 1.66 percent.

Podiatr ists make strides for feet

*FEET

and accommodate the ground,
not be squeezed into pointy
toes or perched on platforms,
said Mutschler.

Although people tend to
neglect their feet, the number
of people turning to podiatry
is rising and that’s been good
for Footcare Express.

The vertically integrated
company was the brainchild
of Jarett Reinhartz, who
established it six years ago
after working in his father’s
office and with another set of
partners.

Reinhartz said the compa-
ny’s revenue rose after major
insurance companies began to
accept claims.

“We managed to get on all
the major plans and that was a
huge, huge plus,” Reinhartz
said. The company doubled
its revenue last year to about
$1 million in annual sales.

“This year we expect to do
a lot more than that,” Rein-
hartz said, adding that a grow-
ing part of the company’s
business — about 40 percent
of revenue — comes from
working with sports teams
such as the Miami Heat, Mar-
lins and Dolphins on diagno-
sis, rehabilitation and orthot-
ics.



: CO
MADE TO ORDER: Doctors take foot casts of their patients,
which they send to Footcare Express for the
manufacturing of orthotics.

“We work with the team;
the doctors will take their
casts and we will manufacture
the orthotics,” Reinhartz said.

Mutschler said he became
interested in the sports work
because he did his residency
with the team podiatrist for
The Heat.

The company has tried
other marketing techniques,
such as attending trade shows
and conventions and mara-
thons.

Reinhartz said many run-

‘ners are surprised to learn

that pain is avoidable. “You
should have soreness but not

pain,” he said.

Podiatrists treat a range of
foot problems, from corns,
calluses and ingrown toenails,

-bunions and fallen arches to

the more severe problems of
weak feet associated with dia-
betes or deformities that may
require specially made braces
or footwear. Footcare Express
can take care of all these
problems. Among the condi-
tions that orthotics can help is
plantar fasciitis, when the
tough connective tissue on
the bottom of the foot has
been injured so there is pain
stepping on the foot.

Student lenders’ ties to colleges being examined

“LOANS

competitive rates, not those
who offer the best perks to
schools or financial aid
administrators,” Cuomo said.

In an interview, Tamera
Briones, the chief executive of
Education Finance Partners,
defended arrangements her
company has with several
institutions in which it sends
money to the college based on
the amount students borrow,
with payments increasing
with loan volume. Briones
said loan terms did not
change based on whether a
school received such pay-
ments. ‘What I believe will
occur is, a thorough investiga-
tion will be done, I don’t
believe that the attorney gen-
eral’s office will find any sig-
nificant wrongdoing,” she

said.

She added that her com-
pany had cooperated fully
with Cuomo’s office.

Most of the colleges and |

universities getting letters
from Cuomo are outside New
York but may be subject to
the jurisdiction of the attor-
ney general because they
have students from the state.

LETTERS RECEIVED

Cuomo has sent letters to
10 California colleges, nine in
Pennsylvania and eight in
Massachusetts. Seven New
York institutions are getting
letters, as well as ones in
Michigan, New Jersey, South
Carolina and Texas, among
other states. Some colleges
and universities have already
received the requests.

St. John’s University in

The Student Loan Sunshine. Act would require
lenders to tell students that they might be
eligible for low-interest federal loans.

New York has received one,
said Dominic Scianna, a
spokesman, adding that its
lawyers were reviewing the
letter. So has the University
of Nebraska, said Kelly Bartl-
ing, a spokeswoman there,
and Boston University,
according to Colin Riley, a
spokesman.

John Beckman, a spokes-
man for NYU, which received
a letter, said, “We select pre-
ferred lenders based on the
competitiveness of their rates
for the greatest number of
NYU students and the quality
of the loan service they offer.”

John T. Milgrim, a spokes-

man for Cuomo’s office,
declined to answer questions
about how the schools were
selected to receive letters or
to provide a copy of a letter.
“The list’ of the schools was
compiled based on our inves-
tigation,” he said.

ARRANGEMENTS

The arrangements loan
companies have with colleges
and universities vary. One
type is what Education
Finance Partners has — pay-
ing a college increasing sums
of money based on Joan activ-
ity.

Other lenders, including

Sallie Mae, provide money to
an institution for loans to stu-
dents with poor credit, also
based in part on private loan
volume. Tom Joyce, a spokes-
man for Sallie Mae, said it was
cooperating fully with Cuo-
mo’s office.

But Joyce warned against
over-regulation of students’
options for financing their
education.

“Choices about lending
programs for students,” he
said, “and who ought to serve
a student and family popula-
tion are best made on the
campus by people who know
those students and tamilies
best.

“Those decisions should
not be made by bureaucrats in
Washington,” he added.

Joyce also warned that
excessive restrictions on pre-

ferred-lender lists may result
in students receiving a bar-
rage of bewildering direct-
marketing materials from
loan companies.

“Students are still going to
go to the financial aid office
and say, ‘Who do I work with,
what do I do?” he said.

The attention to preferred-
lender lists is one more sign
that access to higher educa-
tion has become a hot topic.

Just this week, Democratic
lawmakers and President
Bush appeared to compete to
raise the maximum amount of
money for Pell grants, federal
grants to middle- and low-in-
come students.

And House Democrats
with much fanfare passed leg-
islation last month to cut
interest rates on subsidized
federal student loans.



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@ By NEIL HARTNELL
Tribune Business Editor

~ THE Bahamas International
Securities Exchange (BISX) is
“fairly advanced” in having the
technology platform to facilitate
the listing and trading of gov-
ernment securities on the
exchange fully operational, its
chief executive told The Tri-
bune.

Keith Davies indicated that
BISX was looking forward to a
positive 2007, and that its strat-
egy of incremental organic
growth was paying dividends,
with another sponsor and mutu-
al fund likely to list on the
exchange’s investment funds tier
in “the next three months”.

This follows on from the
- approval of Credit Suisse Wealth
Management was a BISX spon-
sor member, joining Fidelity,
Colina and KPMG (Bahamas)
in this category, and the listing of
its three share-class segregated
accounts company, Protection
Strategy Fund, on the exchange.
This is the 12th mutual fund to
list on BISX.

“There are others we are
working on as we speak - spon-
sors and funds,” Mr Davies said.
“There are a couple of parties
we are talking to, to find out if
there’s a natural fit for us, and
what we have to do. ;

“In the next three months, if
things go well and there’s a rea-
son, we can see another quality
listing on the exchange. It’s
going to be very targeted.”

Mr Davies said that when it
came to growing BISX’s invest-
ment funds listings, and the pool
of associated sponsors, the
exchange was “going to seek out
quality to be affiliated with us”.

The addition of Credit Suisse
Wealth Management is a big
boost to BISX’s credibility and
standing in the investment funds
world by virtue of its name and
brand identity alone, and could
act as a magnet to attract fur-
ther listings.

“It goes back to the issue of
credibility,” Mr Davies said.
“Where a fund needs a home
and jurisdiction to work from,
BISX can provide it. It [Credit
Suisse] lends credibility to the
platform. we have. ;

“We have a platform that can
provide very good service to the
funds that are domiciled in the


























Exchange talking

Bahamas, and what we’re going
to do is seek out potential funds
and administrators who are
potentially good sponsor mem-
bers to come on the exchange.
“One of the things we see is
BISX acting as a stepping stone
for bringing on quality.”
Meanwhile, Mr Davies said
BISX had installed the hardware
and software for the technolo-

gy platform to facilitate the list-. .

ing and trading of government
debt securities on the exchange.

He added that the exchange
would today and tomorrow
make some modifications to the

platform, allowing for better _

integration between the various
functions of trading, clearing and
settlement.

“We have installed all the nec-
essary electronic equipment, all
the necessary software,” Mr
Davies said. “It’s on-site, it’s
operational. We’re making some
minor modifications.”

He added that BISX and the
Central Bank of the Bahamas
were “doing all the necessary
work to make this [listing of
public sector securities] come to
fruition”.

BISX's electronic platform,
apart from performing listing
and trading functions for gov-
ernment-registered stock and
Treasury Bill issues, would also
provide clearing and settlement
functions.

By transferring the Govern-
ment debt market on to the
exchange, it is hoped that cost
savings will accrue to both the
administration and Bahamian
taxpayers. It will also involve
multiple sectors of the Bahami-
an financial services industry.

Outstanding issues of govern-

ment-registered stock number.

more than 100, and have a total
value of more than $1.6 billion.

Outstanding issues of govern-
ment-registered stock number
more than 100, and have a total
value of more than $1.6 billion.

The listing and trading of this
on BISX, in addition to Trea-
sury bills and other government
paper, would more than double
the exchange's $2.7 billion mar-
ket capitalisation and give it crit-
ical mass.

é

It would increase investment
options for Bahamians, deepen
capital markets liquidity, and
improve transparency associated
with public sector debt issues.

By transferring the Govern-
ment debt market on to the
exchange, it is hoped that cost
savings will accrue to both the
administration and Bahamian
taxpayers.

The electronic platform would
provide "a sense or orderliness"
and timely delivery of govern-
ment debt issues to the market.

On the funds side, Mr Davies
said BISX had to provide spon-
sors and funds with “the services
they need to elevate their
funds”, giving them a reason to
list on the exchange and a tool
through which to grow their
business. .

He added that it was all about
meeting their needs and growing
the industry.

Mr Davies added that the
Bahamas needed “a deeper,
wider base of attorneys” to han-
dle the complex fund instru-
ments and structures used in the
global funds market, while in
some instances the expertise of
fund administrators had “been
an issue to some degree”.

On Credit Suisse’s Protection
Strategy Fund, Mr Davies said:
“It’s part of our plan for incre-
mental progress. It’s a creditable
fund, a segregated accounts
fund, the first one of its kind to
list on the exchange. It’s a dif-
ferent instrument, it’s relevant,
and shows we can provide the
service.

“My goal is to be able to
attract more listings in greater
volume over time. Let’s walk
properly until we can run.”

In a press release, he added:
“By Credit Suisse joining BISX
as a sponsor member, they are
now able to bring mutual fund
listings directly to BISX, and by
extension BISX is able to direct
the many business inquiries it
receives to its newest member,
particularly given its extensive
business capability.

“We believe that this: affiliasc:

tion gives Credit Suisse the
opportunity to offer more ser-
vices to their wealth manage-

Lot #53 Twynam Heights
Off Prince Charles Drive.

With two-story Residence.

For conditions of sale and any other information, contact

ment clients, and by becoming a
member of our exchange, we
expect to give their company a
higher level of creditability with







MANAGER - PRIVATE BANKING & WEALTH MANAGEMENT SERVICES

PROFILE:

+ Bachelors Degree in Finance

¢ STEP Qualification

+ 10 years experience in advising clients on fiduciary services and developing
appropriate legal structures

+ Superior organization; communication, interpersonal and computer skills

THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 5B

BISX ‘fairly advanced’ on public debt platform

to other potential fund listings and sponsors; hopes for results ‘in three months’

respect to regulation and com-
pliance. “The value and visibili-
ty that accrues to funds from
being connected with a regulat-

Jn

FIDELITY BANK (BAHAMAS) LIMITED

A MEMBER OF THE FIDELITY GROUP OF COMPANIES

invites qualified applicants for the following position:

MANAGER -
Private Banking & Wealth Management Services

The applicant must have the following minimum qualifications:

RESPONSIBILITIES INCLUDE:

* Client Relationship Management

+ Investment of client funds

* Monthly management reports

* Quarterly reports to clients

» Business development and marketing activities
+ Account opening formalities

+ Invoicing & booking fees

» Estate Planning

« Administration of Trusts

+ Production of trust deeds, letter of wishes & testamentary trusts
- Training, management and coaching of staff

Send resume no later than February 7th, 2007 to:

The Human Resource Director
Fidelity «51 Frederick Street
P.O. Box N-4853 » Nassau, Bahamas

f: 326.3000

e-mail: careers @fidelitybahamas.com

ed exchange such as BISX gives
investors the comfort that they ©

‘desire when examining invest-

ment opportunities.”





Infertility can be a stressful and emotional condition. Knowing your



compassionate physician is the best place to start. The Health

options and getting your questions answered by a caring and



















Centre for Women presents:

D. L. Marche
| at
356-1400.

IVF Bahamas Lid.

Experience The Miracle At Home
Let our family help you start yours.














Dr, Anthony Carey, Founder & Director of The Health Centre For Women
~ and IVE Bahamas Ltd. and Dr, Juergen Eisermann of The South Florida
institute For Reproductive Medicine are proud to present the first of several

- educational seminars regarding infertility treatment options in The Bahamas.



PEPSI-COLA BAHAMAS BOTTLING COMPANY

Applicants are invited from suitably qualified individuals to fill the position of:
PRODUCTION MANAGER During each seminar, attendees will gain valuable information about where
to start, what to look for; who to tum to for help, and how to overcome
their sense of hopelessness. The seminar series begins with the basics
of infertility and proceeds to clarify the spectrum of reproductive medicine
and infertility as it relates to the patient. Dr. Carey will also discuss the
opening of the first In Vitro Fertilization clinic in the Bahamas, MF Bahamas Ltd.
Attendees may attend one, some or all the free seminars.

The incumbent will have overall responsibility of managing all aspects
of the manufacturing operation which include the control of raw material
utilization, finished goods production, quality assurance and plant
maintenance.



Ideal candidate would at minimum have an Associate’s Degree in a
technical field, experience in Supervisory Management and five years

experience in manufacturing plant operations Doctor’s Hospital

Collins Avenue & Shirley Street
Nassau, Bahamas

Thursday, February 8" 2007
6:00 p.m.

For more information about VF Bahamas or the
upcoming seminar call The Health Centre
For Women at 322-6619





Human Resources Manager
P. O. Box N-3004

Nassau, Bahamas

FAX: 364-2123

Please send resume to:



IVF Bahamas Ltd.

Experience the Miracle at Home

Telephone calls will not be accepted.


PAGE 6B, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE





NOTICE

PATERSON FIDELITY CORP.
Is Voluntary Liquidation

LIQUIDATIOR’S STATEMENT
PURSUANT TO SECTION 137(4) OF THE
INTERNATIONAL BUSINESS COMPANIES ACT 2000

Notice is hereby given that in accordance with Section 137(4) of the
international Business Companies Act, 2000
PATERSON FIDELITY CORP. is in dissolution.

The date of commencement of dissolution was 29th November, 2006.

Mr. Daniel Eisenberg, with domiciled at Tucuman 1667, Floor 1° “D”,

CP 1050, Argentine
~ Republic i is the Liquidation of PATTERSON FIDELITY CORP.

Daniel Eisenberg
Liquidator



Mature Male for the position of General Clerk:
Data Entry, Messenger duties.

“Requirements (these are a must):

Age 21-25 years;

A High School Graduate with BGCSE

passes in English and Math at Grade °C’ or above;
Computer Literate (MS Office);

Hardworking, Honest, Reliable, and

Possess a valid Drivers’ Licence

Fringe Benefits include:
¢ Life and Health Coverage
e Pension

Interested person should submit their Resume along
with the following:

¢ Acurrent Police Certificate
¢ Two (2) Character References

Manager Human Resources

HSBC Nassau P.O. Box N-4917
..Nassau,, Bahamas

or

Fax: 502-2566/2577

TARAS

Application Deadline: Friday, 9 February 2007



Store aims
to empower
Bahamian-made
products

m@ By CARA BRENNEN-
BETHEL
‘Tribune Business
Reporter

A NEWLY-opened bou-

tique store aims to benefit |

Family Island artisans by
sourcing their high-quality
Bahamian-made products and
selling them in Nassau to visi-
tors and locals alike.

Pearls of the Bahamas is
located in Saffrey Square, Bay
Street, and is the brainchild of
young Bahamians, Brenton
and Andrea Saunders, who
also own the Genesis Land-
scaping company.

At its opening on Thursday
night, Mr Saunders said the

store’s creation was a dream
realisied.

“We are here to launch what
we call our dream -a unique
presentation of Bahamian-
made fine collectibles and
quality Bahamian talents that
we have put together,” he said.

“We are proud to present
the talent that we have here in
the Bahamas; to showcase it
all in one spot. We have tal-
ent from several of the islands
thus far. We want to bring tal-

ents from all over the Bahamas ,

and unite them in one spot.”
Mr Saunders said the store
aims to showcase the best tal-
ent and the best hand crafts-
manship, not only to Bahami-
ans, but to offer it to the world.





CQ

© happen for you!



PHASE I




March 1, 2007 6pm-9pm



Close Campus

Telephone:

. Become self-sufficient and acquire the skills to
start and successfully run your own business.
Alpha Entrepreneur ial Management Training &
* Consultancy Services (AEMTC) can make it

February, 19, 20, 22, 26,27 &

PHASE II- A One-Day Seminar
February 24, 2007 9am-3pm

The College of The Bahamas, Grosvenor
(GCC) Room 113, Shirley Street

393-5961 or 323-5195
E-mail: alphaenttraining@yahoo.com

CALL & REGISTER RIGHT NOW!
SPACE IS LIMITED!






















Sandringham House
Shirley Street

Nassau, Bahamas

Tel. 242-393-8618
www.bahamasrealty.bs
www.cbrichardellis.com

2,311 sq.ft. (Ground Floor).
1,564 sq.ft. (storage). ,
* 24 on-site parking.
* Immediate occupancy.
* Rental rate $25.00 per sq.ft. plus service chg.

| = } —}

Pricing Information As Of:
200

Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

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

Finco

FirstCaribbean

Focol

Freeport Concrete

ICD Utilities

J. S. Johnson

10.25
6.90
0.70 |
1.26
1.12
9.00
1.64
9.05
4.22
2.40
5.54
10.70
10.90
10.00
0.50
7.10
8.52

BAHAMAS REALTY tv

COMMERCIAL

fs apscciotign wit:

CBRE

CB RICHARD ELLIS
NAVIGATING A NEW WORLD



= ) FIDELITY

0.00%
4.21%)
4.65%
3.45%
3.15%
0.00%

Mr Saunders and his wife
eventually want to launch a
line of Bahamian-made toiletry
items, such as soaps and
lotions, as business continues.

He told The Tribune he felt
there was a need for quality
Bahamian products to counter
what is currently offered in the
Straw Market, as he feels that
in many cases they do not give
a true representation of
Bahamian talent and culture.

Also attending the event was
the minister of tourism, Obie
Wilchombe, who congratulated
the couple for being able to
execute their vision.

“In the midst of our devel-
opment, 40 years after we
obtained majority rule in this
country, you will serve as a
symbol of the success of how
far we’ve come, because there
was a time when you would
work for somebody,” he said.

“But now we’re beginning
to own and take ownership of

From Dr. Roopi Alpha
Selahseei Bernadette

our country, whether it’s our
intellectual capacity and our
intellectual ownership, or
whether it’s the businesses that
we have. We’re going to own
this whole country, all of it,
because of men like you who
have come together and are
dreaming big dreams, and set-
ting the examples. When peo-
ple hear of you now, they see
you differently and you are the
kind of individuals that I wish
to lift up at all times, because
that is what our job is all about.

To have a great country we

have to have great citizens, and
you are great citizens.”

The couple have hired one
person so far, but hope to
expand that number to at least
three persons.

Pearls of the Bahamas offers
a variety of items for sale,
including straw bags, jewellery
sets, candles with Bahamian
coins in them, and decorated
pottery and ceramics.



La Tonyah



BUSINESS FOR SALE

Well established Fashion Retail :
Business. Well known and

respected worldwide Franchise:

20 years at same prime location. \.
P. O. Box CB11098

le idiomes

EFG @ Bank



& Trust (Bahamas) Ltd

POSITION AVAILABLE

A growing offshore financial institution is currently
seeking to fill the following position:

CREDIT RISK OFFICER

The position will entail the administration and
maintenance of credit risk, inclusive of preparing,
evaluating and processing loans and other credit
instruments offered by the Bank. Additional duties
and responsibilities will encompass the preparation
of weekly and monthly reports.

Minimum preferred qualifications: Degree in Banking
and Finance or equivalent, plus two (2) years’ related

experience.

Analytical skills: The ability to read and proficiently
interpret financial statements is required.

y

es Wil
esi - ony
12.25 Bahamas Supermarkets
7 Caribbean Crossings (Pref)
0 RND Holdings

ee: ie

14 0 Bahamas Supermarkets
ae Holdings

inter Securities
Last Price
14.00
8.25 10.00
AS oes 0.55 wen nee, ;
Colina Over-The-Caunter Securities
41.00 43.00 41.00
15.50 14.00
0.55 0.45 _
‘BIBK Listed Mutual Funda.
YTD% Last 12 Months

Weekly Vol.

1.365
0.640
0.000 —

15.60

0.000 —
1.320
e000 |



Fund Name Div $ Yield %

~ a Colina Money Market Fund 1.326132*
2.6662 Fidelity Bahamas G & | Fund 2.9728***
2.3220 Colina MSI Preferred Fund 2.500211**
eee Colina Bond Fund 1.217450****



7 10.00! Fid
LAs:
BISX ALL SHARE INDEX - 19 Dec 02
52wk-Hi - Highest closing price in last 52 weeks

5S2wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings



ast 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask §$ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

NAV KEY

* - 26 January 2007
*-31 December 2006
*** .31 December 2006

*- 31 December 2006

31 Dec ember 2006

SAS 304-2803



YI, CALL: COLINA 242-802-7016 7 FIDELITY 240-356-7764 / FOR MORE DATA & INFORMATION CAL



Working knowledge of Microsoft Office is essential,
including Word and Excel; written and spoken Spanish
would be an asset; the candidate should have good
organizational skills and be a_ self-starter.

Compensation will be. commensurate with
experience. Interested applicants must submit
applications by February 13, 2007 to:

EFG Bank & Trust (Bahamas) Limited
Human Resources Mapager

(Re: Credit Risk Officer)

P. 0. Box SS-6289

Nassau, Bahamas

or fax to (242) 393-1161

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THE TRIBUNE

MONDAY, FEBRUARY 5, 2007, PAGE 7B



Cable ‘fibre
break’ see no

interruption

m@ By NEIL HARTNELL
Tribune Business Editor

CABLE Bahamas said
Internet and data services to
its clients were not interrupted
in July despite suffering “a
fibre break” in segment one of
the BCIS network, which pro-
vides two fibre-oiptic commu-
nication links to the US.

The company described the
break as accidental, and it cer-
tainly did not disrupt its 2006
third quarter performance, as
net income rose 31 per cent to
$4.6 million. For the first nine
months, net income was ahead
by 28 per cent or $2.9 million
at $13.4 million.

Revenues

Total revenues for the three
months to September 30, 2006,
hit $16.7 million, a 16 per cent
rise on the previous year’s
$14.3 million, as “all business
segments had double-digit rev-
enue growth, contributing to
the strong upward movement
in overall revenue”.

In his update to sharehold-
ers, Brendan Paddick, Cable
Bahamas’ chairman, said the
company’s core cable televi-
sion business saw revenues
grow by 12 per cent, largely
due to a more than 6 per cent
increase in subscribers.

This number rose from
68,300 in the 2005 third quarter
to 72,400 by September 30,
2006, and Cable Bahamas said

- the growth was driven by its

Amos Cox



Company sees
‘double digit growth’
in all revenue lines

Oceans digital TV service.

On the Coralwave Internet
side, Mr Paddick said sub-
scriber numbers rose by 19 per
cent year-on-year at the end
of the 2006 third quarter, from
28,800 in the 2005 comparative
period to 34,000. Revenues
rose from $4.1 million in 2005
to $4.9 million.

Mr Paddick said: “Our
broadband access is available
to some 92 per cent of the
country’s population, which
contributes in placing the
Bahamas in the enviable posi-
tion of being number one in
the region and in North Amer-
ican when we consider the
broadband access per house-
hold.”

On the data business, rev-
enues for the 2006 third quar-
ter hit $2.1 million compared
to $1.8 million the year before,
a rise of 17 per cent.

Segment

Cable Bahamas said this seg-
ment was showing “good
growth and is contributing

greatly to our non-cable rev-
enue performance”.

* FirstCaribbean Interna-
tional bank said its parent
CIBC now owns 91.49 per cent
of its issued and outstanding
share capital in the Barbados-
based institution, which is the
more than 95 per cent owner
of FirstCaribbean Internation-
al Bank (Bahamas).

Investments

CIBC Investments (Cay-
man) offered $1.6335 per share
for all shares in FirstCaribbean
that were held by minority
investors, following CIBC’s
purchase of Barclays’ stake in
the bank.

Some 129.804 million shares
were tendered during the offer
period, which closed on Janu-
ary 30, 2007. CIBC Invest-
ments (Cayman) has indicat-
ed that has taken up and
intends to pay for all tendered
shares.

Public Notice



Natasha Dean

Are No Longer employed at British American
Insurance and is not authorized to conduct
any business on behalf of the Company

For further information please
call our independence office

at 461-1000

YO

Established 1920

BRITISH
AMERICAN
aes

949-461-1000 | batinancial @babinsurance.com

Freeport 242-352-7209 Exuma 242-336-3035









Nt Atlantic Medical
DIRECTOR OF OPERATIONS

Atlantic Medical Insurance (AMI),a subsidiary of Colonial Group International
Limited (CGIL) headquartered in Bermuda, is seeking a Director of Operations
for the medical claims and eligibility departments of AMI in the Bahamas.








CGIL, with offices in Bermuda, the Bahamas, the Cayman Islands, and
the British Virgin Islands, offers a complete range of premier financial
and insurance services to both local and international clients. This is an
opportunity to be part of a rapidly growing innovative company, focusing on
providing clients with first class service and access to competitive products.

The Director of Operations will be responsible for the overall
day-to-day management of the medical claims, customer service,
administration and eligibility departments with a primary focus on the
claims area. These responsibilities will include monitoring and evaluating all
activities and procedures and introducing and monitoring structured audits
as well as productivity standards. This position will also be responsible for
developing and training staff in areas that are essential to efficient company
operations. It is essential that applicants possess the following qualifications:





* 10 years experience managing claims and eligibility departments within the
health insurance industry, including the development and implementation
of procedures and audits.

- Experience of working within the US healthcare system and experience

of US claims processing, provider and network discounts and negotiating

contracts with independent service providers.

Minimum 10 years’ supervisory experience with the ability to train and

mentor staff.

* Thorough understanding of group employee health benefits including

medical, dental, life, and disability.

Superior communication and organisational skills as well as a:

service-oriented approach.

Proven ability to negotiate with external and internal clients and work

under pressure. aot















Compensation for the successful candidate will be attractive and linked
to performance. CGIL offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan,and life insurance.





If you have a keen commitment to quality results and want to contribute your
talents to a dynamic company, contact us about this opportunity. Applications
will be treated in the strictest confidence and should be made in writing to:










































Atlantic Medical Insurance
P. Box SS-5915
Nassau, Bahamas
or

email address for electronic submission of applications —
hr_manager_bm@colonial.bm

Closing date for applications is February 15, 2007.

EFG @ Bank & Trust (Bahamas) Ltd

POSITION AVAILABLE
Chief Investment Officer for International Private Bank

Job Responsibilities:



¢ Provide discretionary and advisory investment management services -
to diverse international high net worth client base;

¢ Support Client Relationship Officers (CROs) in growing and maintaining
the Bahamas office investment book;

© Coordinate with other EFG International Investment teams to develop
and communicate investment ideas, products and solutions to CROs
and clients; .

¢ Manage, develop and mentor the Investment Management Team of
traders and analysts;

° Serve as Chair of the Investment Committee;

e Work closely with Compliance Department to ensure on-going
compliance of Investment Management & Trading policies and
procedures with relevant regulatory bodies and corporate directives;
representing industry- wide best practice.

Qualifications:

Advanced Investment Management Degree or Qualification such as
CFA

* Minimum of 15 years’ Investment Management experience in Private
Banking setting

¢ Proven quantitative skills and analytical background with investment
portfolio analysis

¢ Strong managerial, written and verbal communication skills

¢ Ability to evaluate overall portfolio risks and exposures in a risk
management framework

* Working knowledge of additional languages would be an asset

* Willingness to travel as necessary



The individual must be an excellent team player and work closely with all
areas in EFG. Compensation will be commensurate with experience. Interested
applicants must submit applications by February 9, 2007 to:

EFG Bank & Trust (Bahamas) Limited
Human Resources Manager
(Re: Chief Investment Officer)
P. O. Box SS-6289
Nassau, Bahamas
or fax to (242) 393-1161
PAGE 8B, MONDAY, FEBRUARY 5, 2007 _ THE TRIBUNE BUSINESS






PR
Aggy saageoeay
YF

$
around” as





Visit our website at www.cob.edu.bs—_— Epu .



THE COLLEGE OF THE BAHAMAS |
CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES
Computer Offerings - Spring Semester 2007



THE COLLEGE OF THE BAHAMAS
FACULTY VACANCY |

Applications are invited from suitably qualified individuals for the following position:

EAN, FACULTY OF PURE & APPLIED SCIENCES








D






The office of Academic Affairs oversees-the administration of academic services at
The College, including the development and implementation of curricular activities,
academic policies and regulations. The Dean of the Faculty of Pure & Applied
Sciences is responsible to the Executive Vice President of Academic Affairs and has
supervisory function for the Schools of Sciences & Technology, Nursing and Allied
Health Professions. In assisting with the execution of the responsibilities of the Office
of Academic Affairs, the Dean will undertake duties that entail:



























COMPUTER APPLICATIONS | . EFFECTIVE POWERPOINT QUICKBOOKS















































































iSti i j ic] ver j icies: This course is for the beginner who knows = PRESENTATIONS This course trains new and existing small
Assisting with the I eview and revision of academic Policies > very little about computers and does not This workshop is designed to provide business entrepreneurs (fewer than 20
e Co-or dinating curriculum development initiatives within and across Schools understand how it works, This course participants with an overview ol the employees} i organizing arid managing their
; a Gs covers the major computer concepts with / fundamentals of Microsoft PowerPoint. It accounting using QuickBooks Pro software.
mm the F aculty and across Faculties; , : extensive hands-on practice using various focuses on developing effective and dynamic Students will learn how to set up their
e Facilitating School and Faculty-level goal development and implementation software, including: PowerPoint presentations. company files, chart of accounts, budget and
activiti : () Microsoft Office - Word Processing customer, vendor and employee files.
ac IVI 1€s . L (ii) Microsolt Excel - Spreadsheet Pre-requisite; None ,
e Monitoring Faculty/School-level timetable of courses, Faculty workloads (il) Microsoft Access - Database ie Tues {th March 2007 Pre-requisite: None
thiliti : A Beat arteti Fy ‘ Management. Time: :30am - 4:30pm Begins: Tuesday, 27th February 2007
and responsibilities, cross moderation and assi gnments to part-time faculty; ; Ohuralioge ®t day Tine: scent < 6:00am
e Facilitating the offering of programmes at The College’e various sites; Ere tetalalas thy Ee Dees telnet fen eah Doratir ones
Determining decisions relative to student academic requests such as, egins: pee Sane 2007 Fees: $160.00 Venue: CEES Computer Lab
programme changes, credit overloads, extraordinary sitting of examinations, Section 01 (CEES) pen TERMS) ; deg ey colar a
F i i 3 eae “fy Bais oD gt is course covers basic concepts o
transfer of cr edits, gr ade changes, independent studies, and lifting of pl obations Saturday, 3rd February, 2007 Information Technology. The course provides Targeting persons who would fike to create
and suspensions; 10:00am - 1:00pm training in these areas: Basic Hardware their personal web pages, this course
‘ MSs > : ‘ * ‘ Section 02 (CEES) Proficiency, Application Features Proficiency. will caver Web page creation, Web site
: Vetting new faculty applications for employment In con} u nction with the Duration: 12 weeks Operating System Proficiency, Internet and Management and HTML. Specific topics will
Executive Vice President, Academic Affairs and respective Chairs; Venue: CEES Computer Lab Email Proficiency. include Formatting, Graphics, Multimedia,
. . . . . . eee . . ition: a TAS fes and h ing o Ages.
e Assisting the Executive Vice President, Academic Affairs with the vetting suntiae stot pravanitane Ate ROA IS ad Holes are SLM OF WER Degas
and approval process for faculty and conference leaves; COMPUTER APPLICATIONS #1 Begins: Wednesday, 7th February ———Pre-requisite: Participants must be
Bogie : . so 3 : Bat hes Cha This course covers the advanced concepts 2007 computer literate and have
° Liaising with var. 10us governmental and/ or private gECheIS regal ding with extensive hands-on practice using Time: 6:00pm - 9:0Gpni \ a basic knowledge of
educational/academic concerns relative to The College’s mandate; sae satware, ar Duration: 12 weeks om = word processing a
oat : ae (I) Microsoft Office - Word Processing enue: omputer La afes: st & 2nd March,
. Assisting with faculty assessment & development; 7 (ii) Micrasoft Excel - Spreadsheet Fees: $450.00
e Co-ordinating special projects (e.g. seminars, workshops, conferences, etc.) il) Microsoft Access - Database Time: 9:30am - 4:30pm
Management. PC UPGRADE AND REPAIR Duration: 2 days
De 7 This course is a hands-on introduction to Venue: CEES Computer Lab
The successful candidate must possess a Doctorate in the relevant area, be at the Pre-requisite: Computer Applications | technology systems for use in information Fees: $550.00
: P l l h 1 10 Bara ype 1 ; k : Begins: Thursday, 8th February, 2007 — environments. The course will cover the
Associate Professor leve , and have at least years relevant work experience Time: 6:00pm - 9:00pm following topics: Basic Hardware, Operating
Duration: 12 weeks Systems, Troubleshooting and Repairs




including at least five (5) at a supervisory level. Excellent analytical, organizational,





















4: : : a age sbille nea x : Venue: CEES Computer Lab
report writing, presentational and interpersonal communication skills are required Fase: $550.00 Pre-requisite: None
for this position. Begins: Monday 12th February 2007
Time: 6:00pm - 7:30pm
; . . Monday & Wednesday
The initial term of appointment is four years, with eligibility for renewal of the Duration: 12 weeks
Venue: BHTC Computer Lab




Fees: $500.00



appointment.








All fees are included with the exception of the application fee of $40.00 (one time). When submitting application,
kindly provide copies of the first four pages of your passport. CEES reserves the right to change Tuition, Fees,
Course Content, Course Schedule and Course.

Associate Professor Scales: $47,747 X $1,100 - $75,247




Interested persons must submit a detailed resume by February 19, 2007 to:





The Director
-« Human.Resources

P. O. Box N-4912
Nassau, Bahamas





Personal Development - SPRING SEMESTER JANUARY 2007

| Have zoe done anything COURSE SECT COURSE TIME DAY START DUR FEE
special for yourself today? © © srw

























ACCOUNTING

Try a Personal Development Course/Workshop at COB’s —accagog ot ACCAFOR BEGINNERS | 6:00-8:00pm Mon/Wed 12-Feb 10 wks $250
Centre for Continuing Education and Extension Services... ACCA901 —01_—— ACCA FOR BEGINNERS I 6:00-8:00pm — Tue/Thurs 13-Feb 10 wks $275

‘ ; ACCAS02 —«01.—s ACCA FOR BEGINNERS I 6:00-8:00pm Tue/Thurs ,13-Feb 10 wks $300
With one of our courses, you can gain
new job skills, increase your chances for = BUSINESS
promotion or just learn something new for BUSI900 =O CREDIT & COLLECTIONS | 6:00-9:00pm Tue 27-Feb Bwks $225
personal satisfaction. With your success CUST9O0 «01. SUPERIOR CUSTOMER SERVICE W/S 9:30am-4:30pm Thurs —«-22-Feb tday $170
in courses such as Massage Therapy, BUSII04 «01s INTRODUCTION TO BUSINESS | 6:00-9:00pm Thurs 1-Mar 10 wks $225





Drapery Making, Floral Design, Make-up















Application or Nail Art Technician, you ’ COMPUTERS :
could even start a small business. Sign up COMP901 Q1 = COMPUTER APPLICATIONS | 8.00-9-00pm Mon 5-Feb 12 wks $450
for a course today. COMP901 02 COMPUTER APPLICATIONS | 10:00am-1:00pm Sat 3-Feb 12 wks $450
, COMP902 Q1 COMPUTER APPLICATIONS II 6:00-9:00pm Thurs 8-Feb {2 wks $550
COMP903 01 INFORMATION TECHNOLOGY | 6:00-9:00pm Wed f-Feb f2wks $450
COMP 941 01 QUICKBOOKS §:00-9:00pm Tue 2f-Feb Gwhs $330
COMP953 01 PC UPGRADE AND REPAIR 6:00-7:30pm Mon Wed = 12-Feb 72 wks $400
COMP960 01 EFFECTIVE POWERPOINT W/S 9:30am-4:30pm Thurs 8-MarTday = $180




COMP930 ~ O01 WEB PAGE DESIGN WORKSHOP 9:30am-4:30pm Thurs‘Fri ss 1-Mar 2 days $550





COSMETOLOGY
COSM802 Qi MAKE-UP APPLICATION 6:00-9:00pm Mon 26-Feb Swks $225










COSM804 Q1 MANICURE & PEDICURE 6:00-9:00pm Tue 2?-Feb Swks $225
COSM807 01 NAIL ART TECHNICIAN 6:00-9:00pm MonThurs 26-Feb 6 wks $500
DECORATIN

DECO8NO — -Q1 INTERIOR DECORATING. 6:00-9:00pm Wed 28-Feb Bwks $225
DECO801 Q1 INTERIOR DECORATING 1! 6:00-9:00pm Tue 27-Feb Swks $250
FLOR&00 01 FLORAL DESIGN | 6:00-9:00pm Tue 27-Feb 10 wks $225
FLOR8O1 01 FLORAL DESIGN HI 6:00-9:00pm Mon 26-Feb TO wks $250















ENQUIRIES
Email :: perdev@cob.edu.bs

FLOR802 0

FLORAL DESIGN Ul 6:00-9:00pm Thurs “{-Mar 10 wks $300




ENGLISH
ENG 800 01




All fees are included with the exception of
the application fee of $49.00 (one time),

EFFECTIVE WRITING SKILLS 6:00-9:00pm Tue 2f-Feb Bwks $225




CEES reserves the right lo change Tuition,




Fees, Course Content. Course Schedule
and Course Materials.











Contact the | coordinator


















MASG900
MASG901
HLTH900

MGMT900
MGMT901



MEDICAL
MEDT900

SEWING
SEW 800
SEW 802
SEW 808
SEW 806
SEW811
SEW 804

a1
Ot
ol

01
01

Q)

=

HEALTH & FITNESS

MASSAGE THERAPY ESSENTIALS |
MASSAGE THERAPY ESSENTIALS II
GROUP FITNESS INSTRUCTOR

' MANAGEMENT

HUMAN RESOURCE MANAGEMENT |
HUMAN RESOURCE MANAGEMENT I

MEDICAL TERMINOLOGY

BASICS OF FREEHAND CUTTING |
BASICS OF FREEHAND CUTTING II
DRAPERY MAKING |

DRAPERY MAKING Il
UPHOLSTERY MAKING |
BEDROOM DECORATING |

6:00-9:00pm
6:00-9:00pm
6:00-9:00pm

6:00-9:30pm
6:00-9:30pm



6:00-9:00pm

6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
6:00-9:00pm
1:00- 10:00pm

Thurs
Mon
Wed

Thurs
Mon

Thars

Man
Thurs
Tues
Wed
Wed
Sal

22-Feb
26-Feb
28-Feb

8-Feb
5-Feb

22-Feb

26-Feb
22-Feh
27 -Feb
28-Feb
28-Feb
24-Feb

10 wks
10 wks
10 wks

12 wks
12 wks

10 wks

10 wks
10 wks
10 wks
10 wks
10 wks
10 wks

$465
$620
$400



$250
$300



$225



$225
$250
$225
$250
$225
$225




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THE TRIBUNE BUSINESS MONDAY, FEBRUARY 5, 2007, PAGE 9B






& yest OF THE g FAQ NY OQ, egy,

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& Sigaed! nage Sapling s Pe re é 3
“ Kecae Gog : Sov! sf : :
. ye AU s f "3 e
wakowe ahle edhe od boned! Qaousill wh coud adlbnond aadhwnd? | Seat al bens! Sronuaisl

Visit our website at www.cob.edu.bs




















&
Nt &
£DGe yey ne

TIMETABLE OF CLASSES — TIMETABLE OF CLASSES

|
_ Master’s Degree Programme
in Library & Information’Sciences

Master’s Degree Programme
in School‘Counselling

SPRING SEMESTER SPRING SEMESTER

Date Course Time


























Date ae Friday, Jan. 12, 2007 CHDS 682 - Career Development 5:00 pm — 9:00 pm
oo oo . _ and Guidance
Saturday. Jan. 9:30 am to 3:00 CHDS 682 9:00 am — 5:00 pm








(ieee

5:00 pm — 9:00 pm

es




7

LIS 656 — Materials for Children 9:30 am to 3:00




——

‘Saturday, leb.

CHDS 620 —
and Techniques













17, 2007
















9:30 am to 3:00 Friday, Feb. 9, 2007 CHDS 682






3, 2007









Saturday, Feb. 10, 2007 CHDS 682 )
: g seni a








E SS :
Friday, Feb. 16, 2007 5:00 pm -- 9:00 pm
Saturday. Feb.17, 2007
Friday, Mar. 16, 2007 5:00 pm — 9:00 pm
Saturday, Mar. 17, 2007 DU 620

5:00 pm — 9:00 pm
9:00 am — 5:00 pm |




LIS 593 _ Multicultural Materials for
mi Children

















6 21, 2007 LIS 626 ~ Information Sc

Librarianships |

rence in


















eS













Friday, Mar. 23, 2007
Saturday, Mar. 24, 2007

CHDS 682

Friday, May 4, 2007 CHDS 682





















Friday, Apr. 13,2007 | CHDS 682 5:00 pm — 9:00 pm
Saturday, Apr. 14, 2007 CHDS 682 9:00 am — 5:00 pm

eer | Course Name Instructors
Multicultural Materials for | Dr. Linda Alexander
Children (3 credits)

Course Code
LIS 593







Friday, April 20, 2007 EDU620..iti—~=t*s ~ 15:00 pm — 9:00 pm
Saturday, April 21. 2007 EDU 620 9:00 am — 5:00 pm









Information Science in
Librarianships (3 credits)

Dr. Vicki Gregory



LIS 626 —

Course Name Instructors

CHDS 620 Group Work: Theory and Dr. F. Ziegler
Techniques (3 credits) Mrs. Zoe Powell



ian ststnnentasntntciahidshceashcnti



LIS 656 |

“Materials for Children | Dr. Henrietta Smith
(3 credits)





Mrs. Ann Smith

EDU 682 Career Development and Dr. Marty Jencius
Guidance (3 credits) Mr. Vicente Roberts



* Please Note: The dates and times are subject to change.
* ALL.CLASSES WILL BE HELD IN ROOM E12, E BLOCK. | |



° Please Note: The dates and times are subject to change.

« ALL CLASSES WILL BE HELD IN ROOM 3A, Michael Eldon Complex.



THE COLLEGE OF THE BAHAMAS THE COLLEGE OF THE BAHAMAS.
CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES CENTRE FOR CONTINUING EDUCATION & EXTENSION SERVICES

Health and Fitness Course Offerings - Spring Semester 2007 | Personal Development Workshops - Spring Semester 2007




















MASSAGE THERAPY ESSENTIALS I
This is an introductory course for learning basic techniques of massage therapy and its many
benefits. Major topic areas will include Massage Theory, Manipulations and Techniques, Wellness

Education (Psychological and Physiological Benefits), Indications and Contraindications, Serving SUPERIOR CUSTOMER SERVICE Fe ; : . ‘
Special Populations and Complementary Bodywork Systems, to include Aromatherapy Essentials. This workshop is designed to provide participants with an overview of the fundamentals of superior
Starting: Thursday, 22nd February 2007 customer service. It focuses on customer value, retention and relationship building and employee
Time: 6:00-3:00pm motivation,
Duration: 10 Weeks Date: Thursday, 22nd February, 2007
Tuition Fee: $465.00 Time: = 9:30am - 4:30pm
Venue: Munnings Building, The Callege of The Bahamas Venue: To be announced

Tuition: $170.00

MASSAGE THERAPY ESSENTIALS lv
This is an advanced course for learning techniques of massage therapy and its many benefits. Major EFFECTIVE POWERPOINT PRESENTATIONS

topics include Introduction to Hydrotherapy; Spa and Body treatments; Basic Facial; Aromatherapy- This workshop is designed to provide participants with an overview of the fundamentals of Microsoft
‘Fundamentals or Essential Oils; Relaxation and Meditative Methods; and Hat Stone Therapy. PowerPoint. It focuses on developing effective and dynamic PowerPoint presentations.

Starting: = Monday, 26th February 2007 Date: Thursday, 8th March, 2007

Time: 6:00-9:00pm : Time: 9:30am - 4:30pm

Duration: 10 Weeks Venue: CEES Computer Lab, Moss Road

Tuition Fee: $620.00 i Tuition: $160.00 \

Venue: Munnings Building, The College of The Bahamas

WEB PAGE DESIGN

GROUP FITNESS INSTRUCTOR This course will cover Web Page Creation, Web Site Management and HTML. Persons who enjoy
This is an introductory course for learning how to teach group fitness and exercise classes. Major working with computers and would like to create their own web pages are encouraged to attend.
topics of discussion will include: Basic Anatorny and Physiology; Choreography and Cueing; the five Specific topics will include Formatting, Graphics, Multimedia, Forms and Tables and hosting of web
components of fitness, nutrition, basic exercise testing and how to teach group exercise: pages.

Starting: = Wednesday, 28th February, 2007 Date: Thursday & Friday, Ist & 2nd March, 2007

Time: 6:00-9:00pm Time: = 9:30am - 4:30pm

Duration: 10 Weeks Venue: CEES Computer Lab, Mass Road

Tuition Fee: $400.00 Tuition: $550.00

Venue: Munnings Building, The College of the Bahamas ;

) All fees are included with the exception of the application fee of $40.00 (one time). When submitting
application, kindly provide copies of the first four pages of your passpart. CEES reserves the right to

All fees are included with the exception of the application fee of $40.00 (one time). When submitting change Tuition, Fees, Course Content, Course Schedule and Course Materials
‘a ef GOs, 8 f ' ? 4 .

application, kindly provide copies of the first four pages of your passport. CEES reserves the right to
change Tuition, Fees, Course Content, Course Schedule and Course Materials

Contact the Coordinator - perdev(@cob.edu.bs Contact the Coordinator - perdev@cob.edu.bs

EE PAcrreVelens







- PROP Leg} :







Visit our website at www.cob.edu.bs

INTERNATIONAL
LANGUAGES
AND CULTURES
INSTITUTE

































SOMMUNICATION: A KEY YO GLOBAL UNDERSTANDING

SCHEDULE OF EVENTS JANUARY TO MAY 2007

PEVENTS Pe | ye, DATE. [| ~~ [TIME | VENUE ae
“Spanish Lecture ~ on literary / cultural topic to be Thursday 7pm. | institute $5.00
announced January 25, 2007

| Discussion Panel — Where is Haiti going? With Dr. | Thursday aan Institute seo

Eugene Newry, Ambassador Harold Joseph and COB | February 1, 2007
| Lecturer Frenand Leger
Spanish Cinema evening ~ La Ultima Cena by Luis

Bunuel










Friday 7 pan. Institute

February 9, 2007











Institute $5.00

Institute



Wednesday
February 28, 2007

2D

7p.m.

fee a SE te Pe aoe

Victor Hugo beyond “Les Miz” — Lecture by I. Moss
on one of the greatest romantic poets
Thursday [$5.00
March 8 2007

=
International Café Evening

















TAn evening of Irish music — dancing and sing along | Saturday | 7-10 Choices $20.00
to celebrate St. Patrick’s Day -- with Canadian group March 10, 2007
The Immigrants
French Folksong Evening ~ the lessons learned from March 23, 2007 7pm, Institute $5.00








folk songs and their historical significance — lecture
by L. Moss followed by sing-along (copies of texts
handed out)



The Junkanoo Costume ~ demonstration of pasting 7pm. Institute COST

techniques by members of various “rushing” groups
- followed by a Junkanoo rush



l March 30, 2007













enn

What is Nouvelle Cuisine? — with the participation | April 4, 2007 Choices | $10.00
of Chef Laudermilk from Hospitality ~ why is French
cuisine so important -.discussion










































|'Spanish Literary Evening to be announced | April 19,2007 Vip Institute $5.00
Invite the Corona Society (A group of women April 27, 2007 7pm 1 Institute $5.00
writers) to speak on writing techniques or do a
writing workshop
| _
German Maifest ~ a celebration of Spring with a May 4, 2007 7 p.m. ~ | Institute $5.00



sing-along of German folk songs ~ led and snacks

accompanied by 1. Moss








Institute



Bahamian folksong traditions — an evening with the ~ | May 17, 2007
Dicey-Do Singers :

Le







INTERNATIONAL
LANGUAGES
AND CULTURES
INSTITUTE

COMMUNICATION, A KEY TO GLOBAL UNDERSTANDING

COURSE OFFERINGS:
SPRING 2007
Beginning 12-February

CONVERSATIONAL HAITIAN CREOLE I: Mon/Wed: 6 - 7:30 PM
CONVERSATIONAL FRENCH I: Tues/Thurs: 6 — 7:30 PM

GERMAN FOR TOURISM: Mon/Wed: 6 — 7:30 PM
This course is designed for those working in the tourism industry, teaching the basic
language skills needed for effective interaction with German tourists.

CONVERSATIONAL SPANISH I: Mon/Wed: 7:30 — 9 PM

CONVERSATIONAL SPANISH II: Tues/Thurs: 6 — 7:30 PM
CLASSICAL LATIN I: Mon/Wed: 4 — 5:30 PM
ENGLISH AS A SECOND LANGUAGE: Mon/Wed: 5 — 6:30 PM

ADVANCED FRENCH CONVERSATION GROUP: Wed: 1 to 2 PM
These are directed conversation and practice “brown bag” sessions - bring your own lunch!
10 consecutive sessions: $100 ($50 for COB Students)

LOCATION:
Munnings Building (next to KFC at COB Roundabout): Room 15

DURATION:
3 hours per week for 10 weeks, total course hours: 30 hours

PRICE: $ 250.00 per course
TELEPHONE: 302-4584 or 302-4587



Communication: The Key to Global Understanding

The College of The Rabweaas Choir

‘“Eet There Be Music”

Fundraiser:













“CHOICES” Training Restaurant
Culinary & Hospitality Management Institute
February 16, 2007
7:00 p.m. ~ 9:00 p.m.

Proceeds will assist the College of T be Bahamas Choir
to travel to the SEAAC Music Festival
scheduled for March 22, 2007 in
Montgomery, Alabama, USA
where they have been previously recognized

for the excellence of their performance.

Donation: $35.00 :: Contact: Tel. 302-4467

‘Challenge’ ahead
in controlling

public spending

FROM page 1B

get situation: “We’re still
slightly ahead on revenue col-
lections against Budget pro-
jections.

“We're quite comfortable
with that, and expenditure is
still very much under control,
but from the inside that’s like-
ly to pose a challenge in the
second half.

“The level of releases we
have incurred in relation to last
year are on the capital side
mostly. But just because the
funds are released, it does not
necessarily mean they are
immediately spent, because of
capacity issues related to the
supply of labour.”

Mr Smith pointed out that
the public sector was “com-
peting with the private sector,
because the construction indus-
try is fully occupied. What
might have taken six months
might take a year before
capacity is released for anoth-
er job”.

In its update on monthly
economic developments in
December 2006, the Central
Bank of the Bahamas said that
at the half-way point in the
Government’s 2006-2007 Bud-
get year, the fiscal deficit had
improved by 62.6 per cent,
although it was still $26.4 mil-
lion for the first six months.

Total revenues earned by
the Government rose by 14.8
per cent to $625.9 million for
the six months to December
2006, prompted by a 12.3 per
cent increase in taxes, while
non-tax revenues rose by 56.3
per cent due to increased fines,
forfeits and other income
sources.

s Revenues outpaced govern-
ments ending, although this
was up by 5.9 per cent at





Atlantic Medical Insurance (AMI), a subsidia
Limited (CGI) headquartered in Bermuda,

$652.3 million, with capital
spending up by 28.2 per cent
and recurrent spending up 2.9
per cent.

“I think we’re going to be
pretty close to Budget projec-
tions, as much as the tourism
economy continues to perform
well. We’re seeing good gains
in terms of revenue adminis-
tration,” Mr Smith said.

He added that the Ministry
of Finance had created a rev-
enue compliance unit to”
actively monitor the revenue
taken against what we ought
to have”.

Mr Smith gave as an exam-
ple of the unit’s work a sce-
nario in which the Ministry of
Tourism provided the Ministry
of Finance with a figure rep-
resenting room night numbers.
The latter’s compliance unit
would then check this against
room taxes paid and, if there
was a discrepancy, find out
why.

“We do know there are
weaknesses in collection,” Mr
Smith said. “Some of the peo-
ple who owe the Government
money, we’ve not asked them
to pay. We’re getting a good
response from the unit.”

He added that the Govern-
ment finances were also in line
to reduce the fiscal deficit and
national debt, as a ratio of
GDP, in line with Budgetary
projections.

Mr Smith said he was confi-
dent public sector wages were
held down in line with Budget
projections, most planned
increases having taken effect
last year.

However, he admitted that
the Bahamian taxpayer had to

directly fund the industrial -

agreements reached with
Bahamasair employees recent-
ly, as the airline was “losing
money”, Ii
Moody’s, the Wall Street

lil Atlantic Medical
Clinical Administrator

ry of Colonial Group International
is seeking a Clinical Administrator.

THE TRIBUNE

credit rating agency, said the
Bahamas’ fiscal ratios were
“weaker” than most of its cat-
egory peers.

The general government
debt to GDP ratio stood at
about 38 per cent of GDP in
2006, compared to the 19 per
cent median for Aa- and A-
rated countries. Yet the
Bahamas’ ratio was better than
the 76 per cent and 74 per cent

achieved by Barbados and

Malta respectively, which have
“similar economies”.
Moody’s added: “The
Bahamas’ government debt to
revenue ratio of 169 per cent in

2006 is much higher than the "'

67 per cent median for the Aa-
and A- rated countries, but it is
comparable, although lower
than Malta’s 173 per cent and
considerably lower than Bar-
bados’ 236 per cent.”

The Wall Street credit rat-
ing agency described the
Bahamas’ 2006-2007 fiscal year
performance as “on track” for
the first half, with revenues
slightly ahead of projections
and spending on target.

It added: “Public sector
wage growth has been

restrained, and there are no

signs of ramped up spending
in the run-up to this year’s
election.”

Some 12 per cent of the
Government’s debt was in for-
eign currency, compared to the
26 per cent category average.
Moody’s added that tax rev-
enues had risen faster than
expected, up to 22 per cent of
GDP from 17 per cent when
the PLP government took
power in May 2002.

It attributed this to enhanced
collection efficiency and com-
pliance, coupled with increased
customs and import duties,
plus immigration fees, resulting
from the high level of foreign
direct investment projects.



CGI, with offices in Bermuda, the Bahamas, the Cayman Islands, and the
British Virgin Islands, offers a complete range of premier financial and
insurance services to both local and iaeeratonal! clients. This is an
epee to be part of a rapidly growing innovative company, focusing on
providing clients with first class service and access to competitive products.

















Reporans to the Operations Manager Designate, the position of
Clinical Administrator will be responsible for a variety of medically
related issues such as reviewing local and foreign medical claims,
pre-certifying patients for off-island air evacuations and hospitalization
and maximizing medical claims efficiency in a demanding and _ rapidly
expanding environment. Other duties will include but not be limited to:

© Periodic review of medical enrolment forms for eligibility :

© Reporting to re-insurers regarding large and potentially large claim losses
and coordinating reserves ;

® Liaising with doctors, social workers, medical facilities (local and foreign)
regarding client and claim queries

® Dealing with walk-in and telephone queries, assisting enrollees and their
families with medical and claims related queries

© Reviewing in-patient/out-patient authorization and following up as
appropriate

It is essential that applicants possess the following qualifications, experience
and attributes:

® Registered Nurse currently registered with the Bahamas Nursing
Licensing/Registration Authority and on their “Active” Nurses List

© Minimum of 5 years’ practical nursing experience

© Knowledge of CPT, iCD-9cM, HCPCS coding

® Strong customer service skills including confidence in dealing with clients
in a professional manner to assist them with their enquiries

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Closing Date for applications is February 15, 2007.

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THE TRIBUNE MONDAY, FEBRUARY 5, 2007, PAGE 11B

I La eins ee
Share your news



Regulations ‘Key’
to NHI success

FROM page 1B

received “no communication

whatsoever” from the Gov- ,

ernment on its repeated
requests to be provided with
actuarial and other studies on
the proposed NHI plan.

“We had basically respect-
ed the wishes of the Ministry of
Health as it related to taking
the whole issue of NHI out of
the public eye,” Mr Rolle said.

“It’s been a long enough
time now. If the intent was to
engage the Coalition, they’ve
had sufficient time to do so.
It’s very disappointing that
they have not engaged us in
the manner they should have
done, in the true sense of con-
sultation and collaboration.”

Both houses of Parliament
have passed the. National
Health Insurance Bill, but the
scheme now awaits the drafting
and passing of the accompa-
nying regulations - that will set
out how the scheme will oper-
ate - before it can be imple-
mented.

“The legislation is already
passed. The question is the
details that go into the regula-
tions, and that will be the
determining factor relating to
the success or failure of NHI,”
Mr Rolle said.

“They have to be clearly
thought-out and given ade-
quate consideration.”

Tribune Business’s contacts
both inside and outside the
Coalition have privately
expressed concerns that it was
a mistake for the organisation
to accede to the Government’s
wishes and go quiet on its NHI
campaign.

By effectively playing the
Government’s game and going
quiet, it gave the administra-
tion enough breathing space
to get the legislation through
with minimal opposition,
sidelining, key stakeholders at
the vital moment when some
thought the Coalition had the
Government ‘on the ropes’.

The alleged broken promis-

es and failure to properly con-,

sult with the important stake-
holders on NHI mirrors the
way the business community
was treated on other issues,
such as the consumer protec-
tion laws, and as those
Bahamian businesses that are
reliant on the cruise industry
are now finding out. Does any-
one spot a pattern here?

Back on NHI, Mr Rolle said
the Coalition would “contin-
ue our educational effort in
terms of educating the public
at large about the issues, con-
cerns and alternatives that
‘vould make for a successful
implementation of the NHI
plan”

[his course of action is
understood to have been
decided upon at a Coalition
meeting last Thursday night,
the same time that the Min-
istry of Health was holding a
:eception for doctors, in what
some have interpreted as an
effort to ensure they come on
board with NHI.

Mr Rolle said the Coalition’s
efforts would be based on the
eight underlying principles that
underpinned its launch in
November, and they would use
the comments submitted to its

online petition against NHI

_ and the survey it circulated

among the business communi-
ty.

That survey aimed to gather
data that would provide empir-
ical evidence on how NHI
would impact the Bahamian
business community, and. Mr
Rolle said information from
this was “being compiled as we
speak into data we can readily
use.

“Over the next four to six
weeks, there will be a consis-
tent flow of information from
the Coalition relating to NHI,”
Mr Rolle added.

Since the Coalition went qui-
et, the only thing it had man-
aged to achieve was a meeting
with Justice Ricardo Marques,
who headed the committee
that drafted the NHI Bill.

Mr Rolle said the outcome
of this meeting was “less than
gratifying” for the Coalition,
and it was “still waiting for the
promised statement clarifying
Clause 14”.

Concerns

The business community’s
main concerns with the NHI
Bill have focused on Clause 14,
which it believes leaves a lot
of unanswered questions and is
unnecessary, as it deals with
material already covered in the
labour laws.

Some feel its inclusion was
an attempt to cover anything in
relation to trade union or
industrial contract negotia-
tions, but these were covered
under the labour laws.

Clause 14 (1) of the NHI Bill
says that despite any agree-
ment a Bahamian employer
may have in place regarding
the provision of group health
insurance for his workers with
a trade union representing
them, or in their contracts of
employment, "every employ-

“er is entitled to modifyE.. the

rate of contributions payable"
under this scheme, to elimi-
nate any duplication and
"overlap" of benefits with the
proposed NHI scheme.

Apart from the fact that this
seems to allow employers to
arbitrarily tear up any con-
tracts and agreements made
over the provision of private
health insurance for their staff,
the following clause, 14 (2), of
the Bill stipulates that "no
employer shall make any mod-
ification [to their private group
coverage] without obtaining
the prior written approval of
the Minister". To obtain this
approval, all relevant informa-
tion and materials, including a
copy of the group health plan,
has to be sent to the Minister.

Businesses fear Clause 14
could even be interpreted as
preventing companies from
dropping private group health
insurance for their employees
once NHI comes in.

At the meeting, Justice Mar-
ques and the Government
promised to issue a clarifying
statement on Clause 14, but
this has not happened. In addi-
tion, it is understood that he
and his colleagues told the
Coalition that what was includ-
ed in the Bill was done at the
request of the Ministry of
Health.

Among the major concerns
with the NHI plan are its finan-
cial viability and sustainability,
especially as the Bahamas’ age-
ing population will see
increased demand for medical
services that has to be sup-
ported by a population where
the ratio of young to old will
decrease.

The International Labour
Organisation (ILO) has
warned that this means contri-
bution rates to NHI will have
to “increase significantly” in
the future, acting as a tax on
business and individuals’ dis-
posable incomes that could
depress economic activity.

Other worries are that the
$235 million figure derived by
the Government for NHI
severely underestimates the
costs, and that the National
Insurance Board (NIB) is sim-
ply not up to processing NHI’s
volume of claims.

Mr Rolle said NHI’s benefits
package was “a key element”,
as the number of services cov-

‘ered under the plan would

determine what type of sup-
plementary health insurance
private carriers would offer.
He queried what the “net
effect” of NHI’s benefits pack-
age would be, and whether it
would cost him less, the same,

or more to maintain his cut?°”"
rent level of private health
insurance benefits and cov! “’

age under a combination of
NHI and supplementary pri-
vate insurance.

If it would cost him more,
Mr Rolle questioned whether
it would be a minor increase
in healthcare insurance costs,
or a major one. He also asked
what impact NHI would have
on private health insurance in
terms of revenues, profits and
job losses.

“Unfortunately, we’re in the
same position we were in quite
some time ago,” Mr Rolle said
of the Coalition. “There are a
whole lot of questions, and no
answers have been forthcom-
ing.

“Individuals and businesses °

should be really concerned, as

NOTICE

NOTICE is hereby given that ST. FILMA CEZALIEN OF
WILLIAMS ST. OFF SHIRLEY ST., NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The

Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 29th day of January, 2007 to the
’ Minister responsible for Nationality and Citizenship, P.O.Box

N- 7147, Nassau, Bahamas.





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February ¥ , 2007.





ar,

we’re talking about something
impacting healthcare across the
entire country. There are too
many unanswered questions
for something of this magni-



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

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


















tude.”

MINISTRY OF IMMIGRATION,
LABOUR AND TRAINING

NOTICE

Tenders are invited for making, repairing and altering of male and female
Immigration Officers uniforms for the year commencing March 2007.

Patterns of uniforms may be viewed a Bahamas Immigration
Office, Mount Royal Avenue, Nassau during normal working hours

Persons tendering will be required to submit the names of two (2)
responsible sureties and will be bonded for the fulfillment of the contract.
The sureties must sign the Tender. .

Sealed envelopes addressed to the Director of Immigration and marked
“TENDER FOR UNIFORM” must be delivered at the Immigration
office not later than noon on 7th March, 2007.

Forms for Tender are available at the Immigration Department.

The contractor will be required to provide four ($4.00) Bahamian Stamps
to be affixed to the Tender.

The Director of Immigration reserves the right to reject any or all Tenders.

Public Hospitals Authority
CORPORATE OFFICE

ADVERTISEMENT

POSITION
ADMINSTRATIVE ASSISTANT III

The Public Hospitals Authority invites applications from suitably qualified individuals for
the post of Administrative Assistant III, Corporate Office, Public Hospitals Authority,

Applicants must possess the following qualification:-

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

The Administrative Assistant will be reponsible for the general administrative/secretarial
duties; and assists in all required aspects of Project and programme management in support
of the office of the Deputy Managing Director.

DUTIES:

1. Works closely with each of the specialized officers reporting directly to the Deputy
Managing Director (including the Director of Projects, Senior Manager for MIS and
Biostatistcian) to ensure that workflows are appropriately coordinated.

2. Keeps abreast all activities in each of the Sections of the Planning and Evaluation
Unit(i.e.) Planning, MIS and Statistics Sections) and the PHA Headquaters Projects
Office so as to be able to provide immediate assistance when needed.

3.Maintains a structured schedule of specific activites in progress in the Deputy
Managing Director's and related offices.

4, Assists inthe preparation of annual budget estimates for the Deputy Managing
Director’s and related offices ensuring that there is detailed valid justification for all
submissions.

5. Works on special projects on behalf of the Deputy Managing Director or any
specialized officer of this area in order to ensure well-rounded exposure and experience.
6. Assists in all- required aspects of project and programme management within the
unit.

7, Coordinates Deputy Managing Director’s schedule and appointments, arrange
meetings, prepare agendas as well as reserve and prepare the facility.

8. Conducts research, compiles reports and prepare presentations as directed.

9. Preparations and disburses documents _ relative to project headed by the Deputy
Managing Director.

Letters of application and curricula vitae shoould be submitted to the Director of
Human Resources, Public Hospitals Authority P.O, Box N-8200 or Manx Corporate
Centre, Dockendale House, West ay Street no later than L6th February, 2007


= 12B, MONDAY, FEBRUARY 5, 2007

GN-456



ox } ee :

SUPREME COURT

SUPREME COURT :
PROBATE REGISTRY :
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :

‘obate Division
106/PRO/npr/00738

_ the Estate of STEPHEN A. ORLANDO, late of 6021

ulf of Mexico Drive, Longboat Key in the State of Florida,

12 of the United States of America,

NOTICE is hereby given that after the expiration of }
ourteen days from the date hereof, application will be :
‘jade to the Supreme Court of The Bahamas in its Probate
Sivision by HARTIS EUGENE PINDER of Mareva House, :

-OQ6.
Signed
Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :
February 8th, 2007 :

9. 2006/PRO/npr/00739

\hereas LELAND DAWKINS, of the Settlement of Crown :
-iaven, Abaco, one of the Islands of the Commonwealth :
f The Bahamas has made application to the Supreme :
ourt of The Bahamas, for letters of administration of the :
zal and personal estate of HOWARD DAWKINS late of :
Murphy Town, Abaco, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

jotice is hereby given that such applications will be heard
sy the said Court at the expiration of 21 days from the :

date hereof.

Signed
D. Robinson
(for) Registrar

ere LLL Lee 3

SUPREME COURT :
PROBATE REGISTRY
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :

Probate Division
2007/PRO/npr/00003 ‘

in the Estate of ALEXANDER SLORACH late of
Khonkaen, Mannachie Road Forres IV36 2JT in the

Sheriffdom of Grampian, Highland and Islands in Scotland,
deceased. ;

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will be ;
made to the Supreme Court of The Bahamas in its Probate :
Division by EARL A. CASH of Marlin Drive in the Western :
District in the Island of New Providence, The Bahamas, :
‘Attorney-At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Grant of Certified Extract :
Confirmation in the above estate granted to JACQUELINE :
JEAN PEREIRA the Executor, by the Sheriff of Grampian, :
Highland and Islands at Elgin on the 8th day of August, :

O06.
Signed
Desiree Robinson
(for) Assistant Registrar —



COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION
February 8th, 2007 :

Be LL LL :

No. 2006/PRO/npr/00040

lo. 2006/PRO/npr/00021

Whereas PRINCE ALBERT STUBBS of St. Vincent Road ;
Western District, New Providence, one of the Islands of :
ihe Commonwealth of The Bahamas, the Only Child, has
made application to the Supreme Court of the Bahamas, :
for letters of administration of the real and personal estate :
of AREBELLA STUBBS late of St. Vincent Road, Western ;
District, New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

Notice is hereby given that such applications will be heard
hy the said Court at the expiration of 14 days from the ;

date hereof.

Signed
D. Robinson
(for) Registrar

deceased. |

eorge Street in the City of Nassau in the Island of New :
*rovidence, one of the Islands of the commonwealth of :
‘he Bahamas, Attorney-At-Law, the Authorized Attorney :
1 The Bahamas for obtaining the Resealed Grant of :
\mended Letters of Administration in the above estate ;
jranted to MAURICE V. ORLANDO, the Personal :
epresentative, by the Circuit Court for Manatee County
» the State of Florida, on the 19th day of September, :

SUPREME COURT :
PROBATE REGISTRY
P.O. BOX N-167 :
Nassau, The Bahamas }
February 8th, 2007 :

Probate Division

_ 2007/PRO/npr/00022

In the Estate of LILLIAN KIMBALL late of the County of
Maricopa in the State of Arizona, one of the States of the ;

United States of America,

of March 2006
Signed
Desiree Robinson
(for) Assistant Registrar

et i
SUPREME COURT
PROBATE REGISTRY :
P.O. BOX N-167
Nassau, The Bahamas :
February 8th, 2007 :
Probate Division :
2006/PRO/npr/00029 . ;

In the Estate of RUTH E. SECORD late of Clearwater,
Pinellas County, Florida, USA,

deceased. ;
? NOTICE is hereby given that after the expiration of | Whereas CANDICE KING of No. 2 St Lucia Crescent,
: fourteen days from the date hereof, application will be ;
: made to the Supreme Court of The Bahamas in its Probate
Side by GILBERT ANSELM THOMPSON, of Chancery }
House, The Mall, in the city of Freeport, Grand Bahama, ;
The Bahamas, Attorney-At-Law, the Authorized Attorney :
in The Bahamas, for obtaining the Resealed Grant of :
Letters of Personal Representative in the above estate ;
i granted to BETTIE KENNEDY the Personal :
Representative, the Superior Court of the State of Arizona. :
in and for the County of Maricopa USA, on the 21st day :

THE TRIBUNE BUSINESS

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 21 days from the
date hereof.
Signed
N. Neilly
(for) Registrar

Be

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION

No. 2006/PRO/npr/00034

Elizabeth Estates in the Eastern District of the Island of
New Providence, one of the Islands of the Commonwealth
of The Bahamas has made application to the Supreme
Court of The Bahamas, for Letters of Administration of
the Real and Personal Estate of WINIFRED GIBSON late
of No. 2 St Lucia Crescent, Elizabeth Estates in the
Eastern District of the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will be heard

by the said Court at the expiration of 14 days from the
i date hereof.

Signed
N. Neilly
(for) Registrar

i ee

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

No. 2006/PRO/npr/00035 .

Whereas DUNCAN ANTHONY IRWIN DE BARROS of

No. 7 Sky End, Eastern Estates in the Eastern District of

the Island of New Providence, one of the Islands of the
deceased. }

Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of

NOTICE is hereby given that after the expiration of :
: fourteen days from the date hereof, application will be :
! made to the Supreme Court of The Bahamas on its :
Probate Division by LOUREY C. SMITH, of #4 George :
Street in the City of Nassau in the Island of New :
: Providence, The Bahamas, Attorney-At-Law, the :
: Authorizes Attorney in The Bahamas, for obtaining the :
Resealed Grant of Letters of Administration in the above :
estate granted to SHERYLL JEAN SECORD the Executrix, :
by the Circuit Court for Pinellas County of Florida, USA, :

on the 6th day of June 2005.

Signed
Desiree Robinson
(for) Assistant Registrar

—_— ee rse—___

‘>'" SUPREME COURT
PROBATE REGISTRY :
P.O. BOX N-167 :
Nassau, The Bahamas :
February 8th, 2007 :
Probate Division :

i the Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of
In the Estate of LEMUEL S. CONNELLY late of the City :
: CLEARE FERGUSON late of No. 7 Sky End, Eastern
deceased. :

2006/PRO/npr/00030

of Tampa in the State of Florida, USA,

| _ NOTICE is hereby given that after the expiration of }
i fourteen days from the date hereof, application will be :
made to the Supreme Court of The Bahamas on its ;
Probate Side by RHONDA L. C. HULL, of the Township :
of Marsh Harbour, Abaco, The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas, for ;
obtaining the Resealed Grant of Letters of Administration i
in the above estate granted to ARTHUR P. W. CONNELLY :
: the Personal Representative, by the Circuit Court for ;
: Hillsborough County in the State of Florida, USA, on the :
: 30th day of August 1993. :

Signed
Desiree Robinson
(for) Assistant Registrar

Ena :

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :
February 8th, 2007 :

No. 2006/PRO/npr/00031

Whereas PAMELA L. KLONARIS and MIKE A. :
KLONARIS both of the Western District of the Island of :
New Providence, one of the Islands of the Commonwealth
: of The Bahamas have made application to the Supreme ;
? Court of The Bahamas, for Letters of Administration with :
i the Will annexed of the Real and Personal Estate of }
; RICARDO SABOIA KHURY late of Avenida Parana 33, :
: Apartment 1680035-130, Curitiba, Brazil, deceased. }

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the :

date hereof.

Administration of the Real and Personal Estate of JANET
BERYL DEBAROS No. 7 Sky End, Eastern Estates in the
Eastern District of the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof. :

Signed
N. Neilly
(for) Registrar

a,

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION |
February 8th, 2007
No. 2006/PRO/npr/00038

Whereas ANASTASIA PATRICE FERGUSON of 386
Eaton Road, Yellow Elder Gardens in the Western District
of the Island of New Providence, one of the Islands of

Administration of the Real and Personal Estate of ROSIE

Estates in the Eastern District of the Island of New
Providence, one of the Islands of the Commonwealth of
The Bahamas, deceased. ‘

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

| Signed
N. Neilly
(for) Registrar

LR

- COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00039

Whereas FEDNER J. DORSETAL of St. Albans Drive in
the Western District of the Island of New Providence, one
of the Islands of the Commonwealth of The Bahamas
has made application to the Supreme Court of The
Bahamas, for Letters of Administration of the Real and
Personal Estate of NEVILLE HOLLAND MAJOR late of
Chase Avenue in the Western District of the Island of
New Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

Signed
N. Neilly
(for) Registrar

Signed
N. Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS

THE SUPREME COURT :

PROBATE DIVISION }

February 8th, 2007 :

No. 2006/PRO/npr/00032

COMMONWEALTH OF THE BAHAMAS |

THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

Whereas LEOTHA CLYDE of the Southern District of the
Island of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made application

: to the Supreme Court of The Bahamas, for Letters of

! Administration of the Real and Personal Estate of LEON

Whereas ALFRED DANIELS, of Buttercup Lane, South :
Beach Estates in the Southern District of the Island of :
New Providence, one of the Islands of the Commonwealth :
of The Bahamas, has made application to the Supreme ;
Court of The Bahamas, for Letters of Administration of :

the Real and Personal Estate of CHARMAINE NATASHA :

DANIELS late of No. 76 Sunrise Subdivision in the City ;
of Freeport, on the Island of Grand Bahama, one of the :
islands of the Commonwealth of The Bahamas, deceased. ;

Sn,

ANDY BROWN late of 20101 SW 84th Avenue, Miami,
Florida, United States of America, deceased.

Notice is hereby given that such applications will be heard
by the said Court at the expiration of 14 days from the
date hereof.

Signed
N. Neilly
(for) Registrar

February 8th, 2007

¢
&

'
Re I URINE Ger (mT NIUE ar een

THE TRIBUNE

Se ET eM



MONDAY, FEBRUARY 5, 2007, PAGE 5





Sales tax to
‘modernise’
economy

in Antigua

Bw PUERTO RICO
San Juan

ANTIGUA and Barbuda
has begun collecting a 15 per-
cent sales tax, becoming the
latest Caribbean nation to
seek a more streamlined tax
scheme, according to Associ-
ated Press.

The start of the value-
added levy on goods and ser-
vices coincided with the
repeal of several other taxes
inthe two-island nation to
avoid drastic price hikes, said
Doug McLaren, the adminis-
trator in charge of applying
the new system.

,This was needed for har-
monization of taxes in the
region as it becomes a single
market economy," said
McLaren, referring to the
Caribbean Single Market and
Economy, which groups
together more than 6 million
people in 12> eastern
Caribbean nations.

â„¢ All the Caribbean nations
will be using a VAT system
within the next two or three
years," he said.

About 70 protesters
marched outside the govern-
ment revenue office on Mon-
day in the Antiguan capital
of St. John's to oppose the

“measure, which political
opponents say will hurt lower
and middle class families in
the former British colony of
70,000 people.

Share
. your
mevvs

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

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















could be
srowing

e-em OO OL OO ET

For more information or to open
a Growth Savings Account,

please call or visit your nearest
RBC FINCO branch today!





Your savings

faster than
you thought
possible...

@ MINISTER of Health Bernard

SS

Nottage claims that deaths

SS XK

from bacterial infections have been reduced

Bw By PAUL TURNQUEST
Tribune Staff Reporter

CASSIUS Stuart, Bahamas
Democratic Movement leader,
said his party was outraged that

Health Minister Dr Bernard

Nottage would continue what
appears to be a “cover up” of
what is “really happening” at
the dialysis unit of the Princess
Margaret Hospital.

According to Mr Stuart, the
only appropriate thing for Dr
Nottage to have-done was to
“come clean.”

The party claims that 16 per-
sons have died at the PMH dial-
ysis unit since the outbreak of a
bacterial infection was discov-
ered some six months ago.

Instead of admitting to the-

problem, Mr Stuart claims that
Dr Nottage is compounding it.

“For Dr Nottage to dismiss
our claims that persons are
dying from enterococcus fae-
calis as foolishness and then
turn around and admit that per-
sons have contracted this infec-
tion and have died is proof that
the only person here that is
foolish is Dr Nottage.

“He further states .and
admit(s) in the Bahama Jour-
nal that there were some deaths,

but the number had been dras-
tically reduced from the height
of the outbreak last October to
the present. Dr Nottage needs
to get his story straight. Accord-
ing to Dr Nottage’s own state-
ment, persons have died from
contracting this bacteria. Yet,
the public was left in the dark.”
Mr Stuart wanted to know if
this shows “that there was a
cover up by him (Dr Nottage)
and his team.”

The BDM wondered how
many people would have had
to die before government would
think it important enough to tell
the Bahamian people that there
was a problem at PMH.

“If the problem still exists as
he claims, why are they still
admitting patients to the dialy-
sis unit at the PMH for service?
The BDM finds it unacceptable
that only after we made this
issue public, the hospital con-
tracted Frank Hanna Cleaning
Co to clean the dialysis unit.
Why wasn’t this action taken
when the infection was at its
highest?

“Dr Nottage was correct in
saying that persons whose

immune systems are COMPFO~ +

mised are at higher risk of cnt

tracting illnesses, but he failed: -
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LOCAL NEWS.

BDM anger at
in PMH dialysis unit







@ CASSIUS Stuart believes that the public have been kept in

the dark by the government

to admit that the illness caus-
ing the fatalities is the bacteria
in question. People don’t die
from immuno-compromisation,
they die from infection as a
result of their immune systems
being compromised and our
claim is that persons are dying
from being infected with ente-
rococcus faecalis. So, how can
Dr Nottage dismiss our claim
as foolishness? Or is he covering
up the deaths of those 15 peo-
ple?

“It appears that Dr Nottage
thinks he is dealing with a group
of uneducated Bahamians who
will swallow any garbage
thrown down their throats by
politicians.” the party said.

Mr Stuart reminded Dr Not-
tage that he should not allow
his “political aspirations” to
come before the well-being and
lives of “so many innocent
Bahamians.”

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SUPREME COURT

COMMONWEALTH OF THE BAHAMAS
~ THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00041

Whereas ARENETTA N. DAVIS of No. 63 Royal
Palm Way and Sea Breeze Lane, Lucayan Beach
Subdivision in the City of Freeport, on the Island of
Grand Bahama, one of the Commonwealth of The
Bahamas has made application to the Supreme
Court of The Bahamas, for Letters of Administration
of the Real and Personal Estate of ZENDRE KATHI
MAJOR late of No. 63 Royal Palm Way and Sea
Breeze Lane, Lucayan Beach Subdivision in the
City of Freeport, on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications will
_ be heard by the said Court at the expiration of 21
_ days from the date hereof.

Signed

N., Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS

THE SUPREME COURT |

PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00042

Whereas BASIL THOMPSON of Pyfrom Road, New
Providence, one of the Islands of the Commonwealth
of The Bahamas has made application to the
Supreme Gourt of The Bahamas, for Letters of
Administration of the Real and Personal Estate of
WILLARD THOMPSON late of Pyfrom Road, New
Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00043

In the Estate of EUGENE V. DELUCA (a.k.a.)
EUGENE V. DE LUCA), late of the city of Haverford
in the State of Pennsylvania, United States of
America,

‘deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by ELLEN SERVILLE of
No. 13 East Avenue North, in the Eastern District
of the Island of New Providence, one of the Islands
of the Commonwealth of The Bahamas, Attorney-
At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Grant of Letters
Testamentary in the above estate granted to DONNA
- D. K. VOIGT (named in the said Will as DONNA
VOIGT), the Executrix, by the Registrar of Wills
Delaware County, Pennsylvania, on the 8th day of
January 2004. ,

Signed
N. Neilly
(for) Registrar



COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT

PROBATE DIVISION °

February 8th, 2007
No. 2006/PRO/npr/00044

Whereas C. YVETTE MCCARTNEY-PEDROCHE
of Skyline Drive, in the Western District of the Island
of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made
application to the Supreme Court of The Bahamas,
for Letters of Administration with the Will annexed
of the Real and Personal Estate of JEAN MARIE
CLAUDE FROTIER (a.k.a.) JEAN-MARIE FORTIER

late of 3663 Riverside Drive, Suite 504 Windsor, |

Ontario, Canada, deceased.



| No. 2006/PRO/npr/00048

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly
(for) Registrar

SUPREME COURT

PROBATE REGISTRY

P.O. BOX N-167

Nassau, The Bahamas

- February 8th, 2007

Probate Division
2006/PRO/npr/00045

In the Estate of HOPE L. FISHER late of _
MANHATTAN in the State of New York, U.S.A. .
deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas,
on its Probate Side by LOUREY C. SMITH of No.
#4 George Street in the City of Nassau in the Island
of New Providence, The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas, for
obtaining the Reasealed Grant of Certificates of
Small Estates in the above estate granted to
PATRICIA A. MCCRAY the Executrix, by the
Surrogate’s Court of New York in the State of New
York, USA, on the 3rd day of May 2005.

Signed
Desiree Robinson
(for) Assistant Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00046

Whereas ROSINA FORBES of the Settlement of
Eight Mile Rock on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, one of the Beneficiaries named in the
said Will, has made application to the Supreme
Court of the Bahamas, for letters of administration
with the Will annexed of the real and personal estate
of JOSEPH SAMUEL LINDEN late of the Settlement
_of West End, Grand Bahama, one of the Islands of
the Commonwealth of Jhe Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21
days from the date hereof.

Signed
Desiree Robinson
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00047

In the Estate of ELIZABETH G.-MEINERS late of
11423 Holly Court in the City of Kansas City in the
‘State of Missouri, USA,

deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Side by WILLIAM P. HOLOWESKO
of East Lyford Lane, Western District,New
Providence, The Bahamas, Attorney-At-Law, the
Authorized Attorney in The Bahamas, for obtaining

| the Resealed Grant of Letters Testamentary in the

above estate granted to CHRISTOPHER MOHART
the Personal Representative, by the Probate Court
in the State of Missouri, USA, on the 28th day of
June 2004.

Signed
Desiree Robinson
(for) Assistant Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007

Whereas ANDREW G. WELLS of the Eastern District
of the Island of New Providence, ‘one of the Islands
of the Commonwealth of The Bahamas has made
application to the Supreme Court of The Bahamas,
for Letter of Administration of the Real and Personal
Estate of HERCULES HARDING late of Moore’s
Wharf of the Island of New Providence, one of the
Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N. Neilly

MONDAY, FEBRUARY 5, 2007, PAGE 13B



(for) Registrar
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
February 8th, 2007
No. 2006/PRO/npr/00049

Whereas JAMES ALEXANDER RAHMING of
Stapledon Gardens in the Western District of the
Island of New Providence, one of the Islands of the
Commonwealth of The Bahamas has made
application to the Supreme court of The Bahamas,
for Letters of Administration of the Real and Personal -
Estate of GLADYS RAHMING late of Bias Street,
off Baillou Hill Road in the Southern District of the
Island of New Providence, one of the Island of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.

Signed
N Neilly
(for) Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
ee February 8th, 2007
Probate Division
2006/PRO/npr/00050

In the Estate of JUDY O’NEIL (a.k.a) JUDITH ANN
O’NEIL, late of 269 Road 11 East, Woodslee, in
the Province of Ontario, Canada, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by NEVILLE BERNARD
WILCHOMBE II of Chancery House, The Mall, in
the City of Freeport on the Island of Grand Bahama,
one of the Islands of the Commonwealth of The
Bahamas, Attorney-At-Law, The Authorized Attorney
in The Bahamas for obtaining the Resealed
Certificate of Appointment.of Estate Trustee With _
A Will in the above estate granted to ELIZABETH
ANN O’NEIL, the Persnal Representative, by the
Superior Court of Justice, Ontario, on the 6th day
of May 2004..

Signed
N. Neilly
. ois .\for) Registrar

tt



SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00051

In the Estate of THOMAS G. BURKE (a.k.a)
THOMAS GERALD BURKE, late of Village of Rye
Brook in the County of Westchester in the State of
New York, one of the United States of America,
deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by HARTIS EUGENE
PINDER of No. 4 George Street in the City of
Nassau, in the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealed Grant of
Probate in the above estate granted to HELEN W.
BURKE, the Executrix, by the State of New. York,
County of Westchester, Surrogate’s Office, on the
9th day of April 1997.

Signed
N. Neilly
(for) Assistant Registrar

SUPREME COURT
PROBATE REGISTRY
P.O. BOX N-167
Nassau, The Bahamas
February 8th, 2007

Probate Division
2006/PRO/npr/00052

In the Estate of EDWARD LEVERNE HAMBLETON
late of 1227 Sherbrooke Street, Montreal in the
Province of Quebe, Canada,

deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application

. will be made to the Supreme Court of The Bahamas

in the Probate Division by LOUREY CLAUDETTE.
SMITH of No. 4 George Street in the City of Nassau,
in the Island of New Providence, one of the Islands
of the Commonwealth of The Bahamas, Attorney-
At-Law, the Authorized Attorney in The Bahamas
for obtaining the Resealed Judgment of Probate in
the above estate granted to JANET ELAINE
RANKIN, the Executrix, by the Superior Court of
Canada, Province of Quebec, on the 13th day of
January 2005.
Signed
Desiree Robinson
(for) Assistant Registrar

y




PAGE 14B, MONDAY, FEBRUARY 5, 2007 |

THE TRIBUNE

PAGE 14B, MONDAY, FEBRUARY 5, 2007

BISX rules redratt

‘85 to 90 per cent’ Alot



FROM page 1B

to publish [the new rules] on
our website before the end of
this month, and they will cover
quarterly and annual filings,
the timeliness and content for
this. ;
“We're going to be dealing
with corporate governance,
independence [of directors]







Notice is hereby











Ist day of March, 2007.

Liquidator



Pyper Parker

Cell: 557-4412

Office: 393-8618 Ext: 230
pparker@bahamasrealty.bs

“1 Put People and Places Together”

Actual
Size

LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

that in
Section 138 (8) of the International Business Companies
Act, (No. 45 of 2000), WILTEN HOLDING LTD. is in
dissolution, PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD, is the Liquidator and can be contacted at
Malborough & Queen Streets, P.O. Box N-10429, Nassau,
Bahamas. Al | persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the .

given

PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.

issues. Another area, if we can
complete it, will be mergers
and acquisitions. We have to
determine if that will be a sep-
arate section or incorporated
into one we’re doing already,”

_ Mr Davies added.

Amending

“We're going to be amend- ;

accordance with





Web Ref# #562510
www.bahamasrealty.bs



DID YOU KNOW...

ing the type and level of sanc-
tions, and the guidelines to
them, so if a violation occurs
people will understand what
the potential type of sanction
could be. We’re looking to
introduce fines for breaches.”

The changes to BISX rules
primarily impact the listing and
continuing obligations for list-
ed issuers, which are compa-






Notice is hereby

1st day of March, 2007.





Liquidator

EAs < Property Pick

The Porches, phase 1

LEGAL NOTICE OF DISSOLUTION

International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

that. in
Section 138 (8) of the International Business Companies Act,
(No. 45 of 2000), HILVERSON MANAGEMENT LTD. is in
dissolution, PANAMERICAN MANAGEMENT SERVICES
(BAHAMAS) LTD, is the Liquidator and can be contacted at
Malborough & Queen Streets, P.O. Box N-10429, Nassau,
Bahamas. Al | persons having claims against the above-named
company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before the

given

he ,
PANAMERICAN MANAGEMENT
SERVICES (BAHAMAS) LTD.

Twelve waterfront villas available in a gated
' community in the well established area of
«ff Coral Harbour. Villas feature a hexagon
shape, airy interiors, wood or tile floors, large
windows and a wrap-around balcony.

Each unit is designed to maximize individual
privacy and offer tranquil ocean views.

sq The community features beautiful gardens
enhanced with ponds and waterfalls and an
infinity pool. In addition, dock slips will be
J available for the avid boater. The villas can
be one, two, three bedrooms or more.
Pre-construction price: $650,000

nies that have their ordinary
shares, or equities, listed and
traded on the exchange.

Targeted

The areas targeted for
reform by Mr Davies and
BISX are among those that
have long been identified by
observers as being among the

sare











accordance with

~ February 2007



There are 120 single men (i.e. never married, widowed or divorced) who are in their 20's for every 700 single

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rescription Centre
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STs by Lowe's Wholesale » Tel: 393-7111 . Fax: 393-0440

Tuesday, Feb. 27

Centerville Pharmacy

Collins Ave.



_weakest in the Bahamian cap-

ital markets regulatory set-up.
They have also been addressed
by regulators globally.

These are the timeliness and
transparency of financial
reporting and material disclo-
sures by BISX-listed entities;
corporate governance and
Board composition issues,
relating mainly to independent
directors; and giving teeth to
the penalties and sanctions that
BISX and Bahamian regula-
tors can enforce against com-
panies and market participants
who breach the rules.

The moves to amend the
BISX rules also coincide with
moves by the Securities Com-
mission of the Bahamas and
the Government to reform the
Securities Industry Act 1999,
the chief governing law for the
Bahamian capital markets.

Mr Davies said BISX would
be placing the redrafted rules
on its website to obtain com-

_ ments and feedback from all

capital markets participants,
such as listed issuers, the











N- 7147, Nassau, Bahamas.









this notice.

NOTICE’

NOTICE is hereby given that THEOPHILOS VASILIOS
MAVROS OF #P.0. BOX N-8856, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a-citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should -
send a written and signed statement of the facts within
twenty-eight days from the 5th day of February 2007 to the
Minister responsible for Nationality and Citizenship, P.O.Box

PUBLIC NOTICE |
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, JAIME ANDREW
LAMM of Eastwood Estates of New Providence intend,
to change my name to JAIME ANDREW BROWN. :
If there are any objections to this change of name by'
Deed Poll, you may write such objections to the Chief:
Passport Officer, PO.Box SS-742, Nassau, Bahamas no,
later than thirty (30) days after the date of publication of:





investing public, attorneys and
accountants, and broker/deal-
ers. : "

from the entire spectrum of
society engaged in the capital-
markets,” Mr Davies said. ©”

He added that once all feed=-
back and suggestions were’
received, they would be pub-
lished in a report. From there,’

. they would be digested into a

final report that would be sub-
mitted to the BISX Board of
Directors and the Securities
Commission for approval.

at

Submitted .-
“Once we have submitted’
them to the Commission, we’

wait for them to come back to”

us,” Mr Davies said. oe
The BISX chief executive’
said there would “definitely be:

a phased-in process for comi-’

pliance” with the rules changes

once they were introduced,"
although this might “not be the’

case” with amendments affect- -
ing material issues. Set













management

CARD OPERATIONS MANAGER

PROFILE:

IT infrastructure
* Support the development of new card and electronic banking

¢ Excellent interpersonal skills. Abil

+ 7+ years in the financial services industry with 5+ years in the bank card
and/or electronic banking services and card operations management

RESPONSIBILITIES INCLUDE:

¢ Establish operating policies, procedures & controls
responsibile for daily management of card product operations and electronic
banking delivery systems

* Work with internal departments, external vendors and card
associations to assure cardholder services and compliance

* Output and delivery of statements, plastics, letters and supporting

products and services

Team with Marketing to execute product and sales plans,

marketing strategies, customer loyalty programme

* Oversee payments and application processing, maintenance of
databases, cards support training, account posting and reconciliation

* Resolve cardholder disputes and process chargebacks

* Administer fraud and loss prevention programmes

+ Participate in budgeting process

* Monitor service levels and report on performance

CRITICAL COMPETENCIES:

+ Operations /financial focus with technical background

+ Demonstrated project manageinent experience

_ © Strong communication (verbal and written), organizational, and
supervisory skills

* Strong demonstrated knowledge in banking regulation and operational risk

of management and employees

The person will report directly to the Executive Vice President and CFO
Competitive compensation package will include salary, benefits and bonuses.
Send resume no later than February 16th, 2007 to:

The Director Human Resources

>)]HIEEIEY
51 Frederick Street
P.O. Box N-4853

Nassau
Fax 326.3000

FIDELITY §

invites applications for the position of
MANAGER, CARD OPERATIONS

ity to effectively interact with all levels

e-mail: careers@fidelitybahamas.com


























“et 1
















,2 a 2 > RN

ae an oa PY wm eR eT ET

on ee

4. *,%.%,

“We're looking for feedback .

se ek ee ee Oe ee

cic gens eae aie “yoy wate
THE TRIBUNE



MONDAY, FEBRUARY 5, 2007, PAGE 15B

TH

For the stories
TAT TR UT

US passport plan may cost our hotels $167m

| FROM page 1B

\,
tion business respectively.

.,Based on 2006 Immigration
departure cards, the groups,
convention and conference
business brought 42,000 visi-
tors to the Bahamas, these
people staying an average of
4.3 nights for a total of 180,000
visitor nights.

‘. Ministry

"The Ministry of Tourism,
though, expressed concerns
that the WHTI could “com-
pletely negate” the convention
tax breaks the Bahamas had
been granted by the US, a
development that had encour-
aged Atlantis to expand its
convention space as part of
Phase III, with Baha Mar also
planning a major convention
centre.

~ It is feared that the logis-
ties and costs that meeting
planners face in ensuring that
their clients have passports

may force many - particularly.

the independents - to select
other destinations over the
Bahamas,” the Ministry of
Tourism said.

,On the weddings business, |

the Ministry said the main
competition for destination
weddings to the Bahamas was
the cruise industry. The WHTI
will not impact US cruise pas-
sengers until 2009, which may
make cruise weddings more
desirable, especially from a
passport “logistics and costs”
perspective.

“While it could be countered
that the Bahamas would still

benefit as it is a prime cruise ~

destination, it should be clear-
ly stated'that for every person
lost to a cruise from a landed
stay here, converts a $1500 vis-
it to a $70 visit based on our
exit surveys,” the Ministry of
Tourism said.

According to Immigration
arrivals cards, in 2006, 43,000
visitors came for a wedding in
the Bahamas, staying on aver-
age 4.5 nights or a total 192,000
visitor nights.

Tourism

The Ministry of Tourism is
also planning to monitor
Spring Break travel, with this
group “key to many non -

-resort properties in the

Bahamas”, especially in Grand

Bahama.
Visitors

Almost 50,000 visitors
between the ages of 12 and 24
arrived in the Bahamas on a
vacation during March and
April 2006, traditionally Spring
Break time, averaging 5.6
nights in the Bahamas and
totalling 280,000 visitor nights.

Finally, the Ministry of

~ Tourism will closely moni-

torthe family vacation busi-
ness. This is an area which has
seen tremendous growth, the

document said, changing the
perception of the Bahamas as a
singles and couples destination
only.

Yet there are concerns that
the costs of obtaining multiple
US passports could impact this
sector.

Source

“This is a source of business
that the Bahamas exploits with
a partner such as Atlantis,
where a Phase III investment
greatly expanded the offering
beyond their original ground-

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

following:

NOTICE

t NOTICE is hereby given that GLORIA DOWNER P.O.

* BOX CR-56701, NASSAU, BAHAMAS, is applying to the

. Minister responsible for Nationality and Citizenship, for
4 registration/naturalization as a citizen of The Bahamas, and
‘that any person who knows any reason why registration/
4, naturalization should not be granted, should send a written
“and signed statement of the: facts. within twenty-eight

days from the 5th day of February 2007 to the Minister
- responsible for Nationality and Cena. P.O.Box N- 7147,
* Nassau, Bahamas.

NOTICE
-RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
“ALL THAT” piece parcel or lot of land béing Lot No, 161,
Fywnam Hieghts Subdivison situated in the Southern District
on the Island of New Providence one of the islands of the
Commonwealth of the Bahamas. Situated thereon is a Single
Family Residence consisting of 3 Bedrooms, 2 1/2:Bathrooms.
‘Property Size 10,031 sq. ft.
Building Size: 2,128 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED.

Be ew ah

All offers should be forwarded in writtingin a sealed
enevelope, addressed to the Manager, Royal Bank Collections
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
1769”. All ofers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.

4
§

‘SENIOR RELATIONSHIP MANAGER

4
4 Trust & Corporate Services

4

& reputable financial institution headquartered in Bermuda, with offices in The
Bahamas, Barbados, the Cayman Islands, Guernsey, Switzerland and the United
Kingdom, Butterfield Bank offers a wide range of services to local and
fotemational clients. .

ia exciting opportunity currently exists for a results oriented self starter with a
gcord of professional achievements to join a dynamic Trust & Corporate Services
txam. The successful candidate will report directly. to the Head of Trust &
orproate Services.

~ftr-~nsssssnenecusssensndassatsascansansnsnnssesssasssssasnssanseesaasseassntacaanasesinensassscssnassasscsssunsnsanecsasssssassensasscessstnnsasssesstunenssccessesssssesenssssenssscsasssnsasnacssnis
Core Responsibilities ..

Oversee a group of complex client relationships.

Provide technical advice to staff on trust and company structures,

Act on clients’ behalf in matters dealing with lawyers, beneficiaries, etc.

Extensive experience with all aspects of trust administration,

oe ote

esired Qualifications
Bachelor's Degree in Business or related discipline from a well recognized
university.

Five - Eight years progressive Fiduciary experience in the Financial Services
Industry.

STEP training or other suitable qualifications will be advantageous.
Proficient in Microsoft Office suite of products.

Strong interpersonal. communication, problem solving, project management
and customer service skills,

Mosing Date: February 16, 2007

see eh wees + eh a eS ode ew ode



Contact
Haman Resources
Batterfield Bank (Bahamas) Limited
. P.O. Box N-3242
Nassau, Bahamas
Fax: (242) 393 3772
E-mail: recroitment@ butterfieldbank.bs
Wwww.buttertieldbank.bs

Se SP ae cs seers ee

Butterfield ETA






“ALL THAT” piece parcel or lot of land being Lot of Land
Cowpen Road situated in the Southern District on the Island
of New providence one of the islands of the Commonwealth
of the Bahamas. Situated thereon is a Triplex Apartment.
Property Size 6,000 sq. ft.
Building Size :2,980 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED. ,

All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank Collections .
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
1263”. All offers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
“ALL THAT” piece parcel or lot of land being Lot No, 19F, ©
Grants Town situated in the Wesern District on the Island of New
Providence one of the islands of the Commonwealth of the Bahamas.
Situated thereon is a Single Family Residence consisting of (3) three
Bedrooms, (2) two Bathrooms.
Property Size 4,835 sq. ft.

’ Building Size: 904 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF
BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank Collections
Centre, P.O. N-7549, Nassau Bahamas and marked “Tender
2939”. All offers must be received by the close of business
4:00 p.m., Friday 16th February, 2007.



RELATIONSHIP MANAGER

Trust & Corporate Services

A reputable financial institution headquartered in Bermuda, with offices in The
Bahamas, Barbados, the Cayman Islands, Guernsey, Switzerland and the United
Kingdom, Butterfield Bank offers a wide range of services to local and
international clients.

An- exciting opportunity currently exists for a results oriented self starter with a
record of professional achievements to join a dynamic Trust & Corporate Services
team. The successful candidate will report directly to the Senior Relationship
Manager.

‘

Core Responsibilities.
Manage a large portfolio of complex accounts including trust, estates and
agencies.
Provide financial information to clients as requested.
Act on clients’ behalf in matters dealing with lawyers, beneficiaries, ete.

Extensive experience with all aspects of trust administration,

Desired Qualifications
Bachelor's Degree in Business or related discipline from a well recognized
university.
A minimum of tive years progressive Fiduciary experience in the Financial
Services Industry,
STEP training or other suitable qualifications will be advantageous.
Proficient in Microsoft Office suite of products,

Strong Interpersonal, communication, problem solving, project management
and customer service skills.

Closing Date: February 16, 2007

Contact

Human Resources

Batterfield Bank (Bahamas) Limited
P.O. Box N-3242

Nassau, Bahamas

Fax: (242) 393 3772

E-mail: recroiiment@ butterfieldbank.bs

www. buttertieldbank. bs

Butterfield Bank

breaking family-breaking
attractions that instigated this
change,” the Ministry said.
Based

It added that based on June °
to August 2006 air arrivals,
potentially 40,000 families vis-
ited the Bahamas. Assuming a
family consists of one male, .
one female and children under
12, that translated into about
113,000 persons spending
613,000 visitor nights. Their
average length of stay was 5.5
nights.

Tar
ESTA
Mondays



°

NOTICE .
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot No, 10,
Blk#19, East Avenue situated in the Wesern District on the Island of
New Providence one of the islands of the Commonwealth of the
Bahamas. Situated thereon is a Duplex Apartment consisting of (2)

two Bedrooms, (2) two Bathrooms.”

Property Size 7,500 sq. ft.

Building Size:1, 950 sq. ft.
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE-CORPORATION OF
BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed

envelope, addressed to the Manager, Royal Bank Collections

Centre, P.O. N- 7349, Nassau Bahamas and marked “Tender

2864”. All offers mus ived by the close of business
iy, 200

Picea





2005
No. 00453

Commonwealth Of The Bahamas
In The Supreme Court
Equity Side

IN THE MATTER of all that piece parcel or let of land
having an area of 54,890.88 square fee situate in the _
Island of Crooked Island‘one of The Islands of The
Commonwealth of The Bahamas.

AND IN THE MATTER of the Quieting Titles Act 1959.

AND IN THE MATTER of the Petition of
FLORENCE ANDERSON.

NOTICE OF PETITION

Notice is hereby given that Florence Anderson of the
Southern District of the Island of New Providence
(hereinafter called “the Petitioner”) claims to be the owner
of the unencumbered fee simple estate in possession of
the land hereinafter described, that is to say:

ALL THAT piece parcel or let of land having an area
of 54,890.88 square fee situate in the Island of Crooked
Island one of The Islands of The Commonwealth of The
Bahamas and being a lot of land situate on the southern
side of The Queens Highway bounded on the NORTH
by the said Queens Highway and running thereon One
Hundred and Fifty one and Eighty Hundredths (151.80)
feet on the EAST by land said to be the property of Lucy
Winter and running thereon Three Hundred and Sixty one
and Sixty Hundredths (361.60) feet on the SOUTH by
land now or formerly the property of The Anderson Family
and running thereon One Hundred and Fifty one and
Eighty Hundredths (151.80) feet and on the WEST by
land said to be the property of Virginia Deleveaux and
running thereon Three Hundred Sixty one and Sixty
Hundredths (361.60) feet.
A Plan of the said land may be inspected during normal
office hours in the following places:-

a) The Registry of the Supreme Court in the City of Nassau
b) The Chambers of McKinney, Bancroft & Hughes situate
at Mareva House, 4 George Street, Nassau Bahamas
c) On.the notice board at the office of the Administrator

on Crooked Island

NOTICE is hereby given that any person having dower
or right of dower or any adverse claim or a claim not
recognized in the Petition shall on or before the 15th day
of March A.D., 2007 file in the Supreme Court and serve
on the Petitioner and the undersigned a statement of their
claim in the prescribed form, verified by an Affidavit to
be filed therewith together with a plan of the area claimed
and an abstract of their title to the said area claimed by
them. Failure of any such person to file and serve a
statement of claim on or before the 15th day of March,
A.D. 2007 will operate as a bar to such claim.

Dated this 10th day of January 2007.

McKinney, Bancroft & Hughes
Mareva House
4 George Street
Nassau, New Providence
The Attorneys for the Petitioner


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‘
’ 4





Volume: 103 No.62

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The Miami Herald

BAHAMAS EDITION

MONDAY, FEBRUARY 5, 2007

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US passport plan may
cost our hotels $167m

aT tT SSS 4 TH)

Crystal Palace
staff take action

lm By ALEXANDRIO
MORLEY
Tribune Staff Reporter



A MASSIVE sick-out by
Crystal Palace casino workers
took place yesterday, despite
warnings of mass firings from
hotel management.

The mass sick-out was con-
firmed .by numerous hovel
sources who described the casi-
no as “looking scanty.”

‘On Friday, 131 members of
the Bahamas Hotel Managerial
Association voted “yes” to sup-
port strike action against the
Baha Mar Group.

BHMA president Obie Fer-
guson said his members ‘were
“fed up” with Baha Mar execu-
tives’ refusal to complete nego-
tiations on their industrial
agreement and management’s
decision last year to pay

employees a one week Christ-
mas bonus, instead of the two
weeks the workers normally
receive.

Mr Robert Sands, vice presi-
dent of government and exter-
nal affairs for the resort, told
the press that any form of indus-
trial action by the casino work-
ers had the potential of jeopar-
dising ithe reputation of the casi-
no and the livelihoods and well
being of their.individual fami-
lies.

Mr Sands said a strike by the
casino workers would be ‘ille-
gal” because they were not
unionized, and he added that if
they do so, many of them would
find themselves without a job.

Mr Sands said the BHMA
strike vote had nothing to do

SEE page 13

‘Senator alleges firm formerly owned

by Babak still building warehouse







SENATOR Philip Galanis has expressed concerns that the con-
struction company formerly owned by Hannes Babak, who has been
barred from acting as the Grand Bahama Port Authority’s (GBPA)
chairman as a result of the shareholder dispute there, is still build-
ing Associated Grocers’ $8 million warehouse in Freeport.

Prime Minister Perry Christie intervened personally last Sep-
tember in a move that saw Mr Babak ‘sell’ H & F Babak Con-
struction and attempt to withdraw the company from the Associ-
ated Grocers construction contract, which sparked conflict of inter -
est allegations.

The Grand Bahama Contractors Association and others com-
plained about the contract awarded to H & F Babak by Interna-
tional Distributors of Grand Bahama, a subsidiary of US grocery
wholesaler Associated Grocers, to construct its $8 million ware-
house facility at Grand Bahama's Sea/Air Business Centre.

Mr Babak subsequently sold H & F Papal to John Gallagher, a

SEE page 13





4) @& HRH Prince Edward, the Earl of Wessex, jokes with members of the Bahamas National Youth Choir on Sat-
urday at Government House, before they perform in his honour.

Police treat
body find as
‘suspicious’

li By ALEXANDRIO
MORLEY
Tribune Staff Reporter



REPORTS are that a badly
decomposed body of a male
was found yesterday in the
Sunshine Park area.

The police described the
finding as a “suspicious
death.” They are awaiting the
completion of an autopsy
report to ascertain cause of
death.

The report said the decom-
posed body, believed to be
that of a man in his mid-twen-
ties, was found in a house by a
neighbour just after 7pm.

* The body of a male, who
had drowned, was also found
in Mangrove Cay Andros,

The police said the man was
on a shipping vessel with
another individual, when he
fell overboard and drowned.
The man is 50 years of age.

SEE page 14



Gg carta a







a

_ Mitchell: govt, BPSU have
come to an understanding

B@ By ALEXANDRIO
MORLEY
Tribune Staff Reporter



PUBLIC Service Minister
Fred Mitchell says the govern-
ment and the Bahamas Public
Service Union have come to an
“understanding” in respect to
the labour concerns of customs

with Bahamas Public Service :
Union president John Pinder }
on Thursday, and they were }
able to work out the outstand- ;

ing issues.

Last Monday, John Pinder
said his union was in the process
of drafting a letter for Minister
Mitchell in a bid to have him :

deal with several pressing issues,

air FROM STAR TRACKERS MEET

(Photo: Ana Bianca Marin)

and immigration officers.
Minister Mitchell said he met

SEE page 13

Baggage handler indicted on
five counts of possessing,
conspiring to import cocaine

m@ By CHESTER ROBARDS

MIAMI, Florida - John Peters, one of the five Nassau Flight Ser- :
vices baggage handlers arrested in Ft Lauderdale in December, has;
been indicted on five counts of possessing and conspiring to import i
cocaine into the US along with four other individuals who have not }

yet appeared in federal court.

Arrest warrants were issued by the US for the four individuals —
Donald Miller, Nate Thompson, Curtis Moss and Jason “LNU” i
(Last Name Unknown) — in May last year, and the indictment }

charging them was unsealed following the arrest of Peters.

SEE page? 14





Casino workers sick-out

Prince hits the right note with youth choir

Hundreds seek
job applications
for wireless firm
at MP’s law office

lm By DENISE MAYCOCK
Tribune Freeport :

Reporter

FREEPORT - Hundreds
of Bahamians bombarded the
law firm of PLP MP Pleasant
Bridgewater on Saturday for
job applications to a new wire-
less company that is proposing
to build a multi-million dol-
Jar manufacturing plant in
Freeport.

“This arrangement, howev-
er, did not sit well with FNM
Leader Hubert Ingraham,
who was in Grand Bahama
this weekend attending a par-
ty function that was in very
close proximity — just across
the street from the job fair
conducted by Pegasus Wire-
less Corporation.

Scores of people — more
than 500 it was estimated —
attended the job fair held at
the offices of Bridgewater &

SEE page 14

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PAGE 14, MONDAY, FEBRUARY 5, 2007



~
>
ee

THE TRIBUNE

undreds seek job applications
for wireless firm at MP’s law office

and interviews with company

. Officials.
While addressing supporters
at the FNM Grand Bahama
Women’s Association 8am

FROM page one

Co in the Pioneer’s Profession-

al Plaza.
Persons stood in a long line in
. front of the business complex

i ll, M
from 8am for job applications the King Church Hall, Mr

Ingraham said that it was wrong









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F rst and foremost we would like to giv








Our hearts are heavy with emotions and







us away. She cared for her Mom with hope,
. this world. She had a faith in





that she did or said. She did everything

to us. Some people may have felt




that you’re





one another as He (Jesus Christ) loves us.
by it and preached it to her dying
a part of Yvonne’s life.





We have to be short and sweet;



MUST go to Almighty God. Doesn't it
God all of the glory and praise just for




earth. We need all of the help we can get.

prayer breakfast held at Christ -

OUR TRIBUTE TO OUR DEAR FRIEND

YVONNE CHRISTOFILIS

e God thanks for the life of Our dear
friend, Yvonne. God gave us this dear gift for a very short stint however her
lasting footprints will forever be engraved on our hearts. A shining light is now
in the possession of our Almighty God, giving Him all the praise and

our ears are left with a silence. A
silence that some of us will have to get use to. She lifted our hearts when we
were sad, she guided us to always stay in the light of God, she was a friend
you could call 2:00am in the morning, she encourage
and most of all she gave us the praise when we needed it the most. Her words
touched our hearts, her journey inspired us her sense of humor gave us joy
and her sense of purpose gave us hope. Her undivided and unconditional love
for her Dad & Mom was exemplary. Watching her care for her Mom during
her illness last year was a gift, she did it with savvy that sometimes blew
love and a faith that was out of
Is. She BELIEVED and
BELIEVED that her God would take care of her and her Mom. She walked
the walk and talked the talk for her Holy Spirit. He guided her in everything
under His instructions. She listened
and OBEYED!!! This was very inspirational for us to observe,

d us to stay on course

God that lifted our sou

Yvonne was total wacko!!! She laughed
about it and would tell us that she was in good company, they laughed at our
Lord Jesus Christ. You see my dear friends in Christ, when you're different
and 100% believe and live by the direction of Our Loving God, people think
nuts. We need to CHANGE this and CHANGE this fast, was her
words. One of her strong attributes that will always stay with us was “Allow the
Christ conscience to awake in your lives.” Simple and so easy to follow; love
She lived by this rule, was guided
bed. We are forever blessed to have been
Her life will forever be a guiding light for us to follow.

for Yvonne would not allow us to go on
and on. She was humble and told us that all of the praise should and
feel good to just get up and give
Yvonne’! She would like that.

May the peace of God go with you, Yvonne, may you
in total awe of His presence and most of all please pray for us this thing we call

and called on Prime Minister
Perry Christie to put an imme-
diate stop to such a "provoca-
tive” act on Grand Bahama of
residents desiring employment
with a new private enterprise
being required to go to a PLP
politician's office for applica-
tions and interviews.

He said: "The PLP can't and
won’t give up their nasty habit

of victimizing people who exer-
cise their constitutional and
God-given right of freedom of
association and freedom of
speech.

"It is especially aggravating
when they connive with for-
eigners in The Bahamas to vic-
timize Bahamians. That is what
they are doing to some FNMs in
Mayaguana. Now I am told they
are doing that right here in
Grand Bahama too.

“Scores of Bahamians this
morning, applying for jobs with
a new enterprise are being
directed to the office of a PLP
politician and they are lined up
out there. This is wrong and
very provocative and I call on
Mr Christie to stop it immedi-
ately.”

Mr Ingraham said that all
Bahamians have a perfect right
to access to all jobs and all
opportunities for which they are
qualified without having to
kow-tow to any politician, PLP,
or FNM.

He said that all foreign
investors who come to the coun-
try must know that The
Bahamas is not a corrupt
banana republic.

“We have a constitution, we
have rights, and we have laws
against victimization and dis-
crimination,” he said. “The
PLP continues to abuse the
democratic process, and the
constitutional and God-given
rights of Bahamian citizens. We
will not stand idly by and let
them do so,” he said.

Last November, Prime Min-
ister Perry Christie went to
Freeport for the announcement









glory.

it was special

shout to the hills





M PEOPLE gathe

of a proposed $22 million wire-
‘less manufacturing plant by
Pegasus Wireless Corporation
CEO Jasper Knabb.

Mr Knabb told Mr Christie
of his plans to open a plant in
Freeport by February that
would be targeting mostly
young high school students for
employment.

At the time, he explained
that his company would be
manufacturing components for
their wireless products used to
make wireless presentations,
and play DVD movie wireless.
He claimed that Pegasus is the
only company in the world that
has created the technology to
do so.

While at the job fair on Sat-
urday, The Tribune spoke with
Mr Jasper. He was extremely
pleased with the turnout of per-
sons seeking employment with
his company.

“The response has been over-
whelming as we had over 500
people come out today. We
really did not expect such a
large turn-out,” he said.

According to Mr Knabb, a

r outside of the law office of PLP MP Pleasant Bridgewater

site has been located for the
plant on West Settler’s Way and
Oak Street. He said they are
offering positions in 13 areas,
including customer service,
sales, reception, AP/AR Con-
troller, assembly workers, Web
Page/Graphic Artist, Security,
IT (Information Technology)
engineers, welders, fabricators,
IR, and technical support.
When asked by The Tribune
reporter why he chose to hold
the job fair at Bridgewater &
Co’s office, Mr Jasper replied:
“I chose here because it was
easy, we didn’t have anything
set up at the plant and Pleas-
ant Bridgewater is my attorney.
She is representing me through
the entire thing and she gave
me a boardroom, we had no
idea we’d have 500 people show
up.”
When told that some people
might think that having a job
fair at a PLP MP’s law office
could be misinterpreted as polit-
ical? Mr Jasper replied, “Would
you rather me have it at your
office? That is nonsense this is
not a political issue and nobody

Weekend police reports

FROM page one

e Ardastra Gardens was robbed of a large sum of money on
Saturday, according to police reports.

The police said a masked man, carrying a hand gun and
dressed in dark clothing, robbed the company of money and a
patron of a wrist-watch before leaving.

The report said the robber escaped on foot.

There was also an armed robbery on Saturday night in the

Palmdale area.

The police said a husband and wife had just arrived home
around 11 pm when they were robbed by four masked gun-

men.

The gunmen are reported to have stolen a large sum of cash
and two deposit bags, belonging to a company.

The police said the gunmen escaped on foot.

The police also reported that Operations Tri-party and Qui-
et Storm produced five warrants for arrest and 20 traffic citations

over the weekend.

All matters are currently under investigation.

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needs to make it a political
issue. I am a wireless man.”

When asked why job search-

es for his company were not
being conducted through the
Labour Department, he said:
“We are going through the
department of Labour also,
we are going through every-
body.
“You tell me why your peo-
ple want so many jobs. I am
simply talking to my managers
which are Bahamians, of which
two of them are in the FNM
and two in the PLP party. From
what I can tell, there is pretty
much an even spread of poli-
tics in this place.

“I am not interested your
politics. It is not my game. We
are here to build wireless; we
are here to get some jobs out

’ today.

“I am using my attorney’s
law firm because that’s all I
have. That is the only resource I
had at this moment, and if any-
body makes it into a political
issue they will have to come talk
to me personally,” said Mr
Knabb.

Baggage
handler

FROM page one

' In the case of USA vs Peters
et al, in which the five are
defendants, there are collec-
tively seven counts against
them. .

Counts one and two of the
indictment charge that all of the
individuals during a period
between April 15, 2005 to April
6, 2006 “did knowingly and
intentionally combine, conspire,
confederate and agree with
each other and with others
unknown . . . to possess with
intent to distribute a controlled
substance ... it is further
alleged that this violation
involved five kilograms or more
of a mixture and substance con-
taining a detectable amount of
cocaine”. \

Count three charges that on
October 20, 2005, Peters alone
attempted to import 500 grams
or more of a substance contain-
ing cocaine.

Counts four and five charge
that on December 5, 2005
Peters, Miller, and Jason
“LNU” attempted to import
500 grams or more of a sub-
stance containing cocaine.

Counts six and seven charge
that on March 22, 2006 and
April 6, 2006 respectively, Nate
Thompson and Curtis Moss
attempted to possess, with
intent to distribute, five kilo-
grams or more of a substance
containing cocaine.

Counts one, two, six and sev-
en all carry a maximum sen-
tence of life imprisonment while
the other three could exact a
40-year prison term.

Peters, who was arraigned
three days after his arrest and
pleaded not guilty to all charges
against him, is set to go to trial
this month.

John Peters and Roney Tony
are the only two of the five bag-
gage handlers arrested on
December 18 aboard a Spirit
Airlines flight from Nassau who
have been arraigned separately.

Last morith Lester Bain, 29,
Delvino Rigby, 26, and Marcus
Rolle, 22 were all arraigned in a
Federal Court, and pleaded not
guilty to charges of importing
500 grams of cocaine to the
United States between Novem-
ber 9, 2006 and November 10,
2006.

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PAGE 16, MONDAY, FEBRUARY 5, 2007 ; ; THE TRIBUNE
. INTERNATIONAL NEWS :

ee eee ee

Venezuelans march to
commemorate Chavez-led
military coup attem

Bi CARACAS, Venezuela

THOUSANDS of Venezue-
lans Backing President Hugo
Chavez marched through the cap-
ital Sunday, commemorating a
bloody coup attempt he led as a
lieutenant colonel 15 years ago,
according to Associated Press.

Waving Venezuelan flags and
chanting "The people united, will
never be defeated!" throngs of
Chavez backers wearing red — the
color of Venezuela's leftist rul-
ing party - marched from two
points on opposite sides of the
city to converge at Tiuna Fort, a
military base where they were
slated to join uniformed soldiers
for a memorial parade.

"We applaud the rebellion
spearheaded by Chavez," said
Gregorio Munoz, a 34-year-old
municipal worker. "He gave the
people hope for change, and now
he's changing our country
through socialism."

One man carried a poster read-
ing: "Revolution, Yes! Imperial-
ism, No!" Dozens of "Chavistas"
danced behind a sound truck
playing a hip-hop song that
boomed: "We don't want Grin-
gos here!" while others pulled a
giant inflated 12-meter (40-foot)
Chavez balloon through the
streets.

More than 80 civilians and 17
soldiers were killed on Feb. 4,
1992, before troops loyal to then-
President Carlos Andres Perez
quelled the short-lived putsch led
by Chavez.

Chavez supporters remember
the military rebellion as a violent
but justified attempt to replace a
corrupt government while the
president's political adversaries
argue the botched coup attempt
was an unnecessary uprising that
threatened one of South Ameri-
ca's oldest democracies.

Chavez —a close ally of Cuban |

leader Fidel Castro — has cele-
brated the rebellion's anniversary
every year he since took office in
1999. Government institutions
have been criticized by opponents
for providing participants in the
annual event with transportation,
food and free T-shirts.

State television broadcast spots
on Sunday praising the coup
attempt and referring to Feb. 4
as "The Dawn of Dignity." Cara-
cas Mayor Juan Barreto took out
full-page newspaper ads showing



@ VENEZUELA'S President-Hugo Chavez wearing a fatigue
uniform and the presidential sash salutes his supporters upon his
arrival to Fort Tiuna to ahead the 15th anniversary of 1992 coup

attempt in Caracas, Sunday, Feb.

Chavez dressed in olive green
military fatigues and his trade-
mark paratrooper's beret, wav-
ing a Venezuelan flag under a
banner title reading: "For now,
and forever, the Fatherland has
awaken."

Anita Colmenares, a 45-year-
old secretary opposed to Chavez's
shift toward socialism, railed
against Chavez for "trying to turn
a tragic event into something
grandiose" as she watched Sun-
day's march from a distance.

"He's leading our country
toward a precipice," she said.

Chavez spent two years in
prison for plotting the uprising,
and was pardoned by then-Presi-
dent Rafael Caldera in 1994.

After-his release, Chavez trav-
eled across the country, steadily
winning support for what was, at
first, a fledgling political move-
ment espousing the rights of the
nation's underprivileged, but

4, 2007.

(AP Photo/Fernando Llano)

which ultimately led him to the
presidency.

Chavez was first elected in 1998
and was re-elected after a new
constitution was drafted in 2000.
He won re-election by a large
margin in December and has
vowed to steer Venezuela toward
what he calls "21st-century Social-
ism."

Chavez himself was briefly
ousted in a 2002 coup that
he claimed the U.S. played a role
in.

The U.S. government has
repeatedly denied involvement,
although it recognized an interim
government established by coup
leaders.

Opponents accuse Chavez of
trying to install a Cuban-style sys-
tem in Venezuela and argue his
revolutionary rhetoric is danger-
ously dividing this oil-rich yet
poverty-stricken South American
nation along class lines.

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MONDAY, FEBRUARY 5, 2007

SECTION

|
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B_
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|

business@tribunemedia.net



The Tribune



Miami Herald Business, Stocks, Analysis, Wall Street




Colinalmperl

Insurance Ld





i

CO

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

he Government is mon-

itoring “four areas of

concern” inthe tourism

industry that could feel

the heaviest impact from

the Western Hemisphere Travel Ini-

tiative (WHTI), having forecast that

the Bahamian hotel industry might

lose $167 million in revenues and
233,000 visitors. }

In a working document, the Min-

istry of Tourism said it would be pay-

ing special attention to group and

Regulations ‘key’
to NHI success

passport plan may
t our hotels $167m

Government monitoring ‘four areas of concern’ - group travel, family summer vacations, Spring Breakers, and weddings
* Ministry estimates Bahamas might lose 233,000 visitors, 1.37m visitor pene and $278m it in revenue

convention travel, weddings, spring
breakers and the summer family busi-
nesses. Combined these four groups
accounted for almost:250,000 of the
visitors arriving to the country in 2006.+
The WHTI requires all Americans
travelling to the Bahamas to possess a
passport to return to their homeland,
and the Ministry of Tourism docu-
ment said “some hotels” in New Prov-
idence and Grand Bahama were

@ By NEIL HARTNELL

reporting “a softening of their busi-
ness for February”, the initiative hav-
ing taken effect from January 23,
2007.

The document said: “Given 2006
levels of Americans without pass-
ports, it has already been estimated
that the Bahamas could lose about
233,000 visitors, 1.37 million nights

and $278 million in revenue from the

implementation of this initiative.

@ By NEIL HARTNELL
Tribune Business Editor

THE National Coalition for
Healthcare Reform is prepar-
ing to ramp up its campaign to
educate the Bahamian people
on the “alternatives” to the
National Health Insurance
(NHI) plan, The Tribune has

_ been told, feeling the Govern-

ment has reneged on its
promises of consultation and

_to incorporate the Coalition

into the planning process.
Winston Rolle, the former

Coalition to ramp up
NHI campaign, upset
by government’s
failed promises

Bahamas Chamber of Com-
merce president and Coalition
consultant, said the group of
private sector, trade union and
medical organisations, had

SEE page 11B

‘Challenge’ ahead in
controlling public spending

@ By NEIL HARTNELL
Tribune Business Editor



CONTROLLING govern-
ment spending is “likely to

pose a challenge in the second -

half” of the 2006-2007 fiscal
year, the minister of state for
finance told The Tribune, due
to the need to finance capital
infrastructure projects.

But James Smith said, that
while funds would be released
for capital projects, these might
not necessarily be spent imme-
diately due to “capacity issues”

in the market for construction
labour.

The number of foreign direct
investment projects under con-
struction has meant that virtu-
ally all Bahamian construction
workers who wish to work are
now employed, the minister
explained, creating a tight
labour supply situation and
shortage of personnel for new
public sector works projects.

‘Mr Smith said of the Bud-

SEE page 10B

‘Trade with China...

it’s a numbers game

@ By NEIL HARTNELL |
Tribune Business Editor



A BAHAMIAN businessman has questioned whether the
Government “inflated” the amount of trade between this nation
and China, given that $125 million of the total $155 million in
goods and services traded comprises of Chinese-built ships that
are registered on the. Bahamas’ Shipping registry.

Rick Lowe, operations’ manager at the Nassau Motor Com-
pany, told The Tribune he had received a letter from Patricia
Rodgers, permanent secretary at the Ministry of Foreign Affairs,
confirming that in 2005, China imported $188,349 worth of prod-

ucts from the Bahamas.

In return, she said the data, which was from Chinese Customs

Tribune Business Editor

THE Bahamas International Securities
Exchange is “85 to 90 per cent complete”
on the redraft of its listings and continuing
obligations rules, its chief executive told
The Tribune, and hopes to publish the
draft on its website to obtain feedback
“before the end of this month”.

Keith Davies said the redrafted BISX
rules would cover the timelines and con-
tent for listed issuers’ financial filings, cor-
porate governance, sanctions for breaches

\



“As would be expected, hotels
stand to lose the bulk of the revenues
in direct goods and services produc-
tion, estimated at some $167 million.”

The Ministry of Tourism working
paper expressed concern that the cost
of multiple passports for US group
travellers could hinder the develop-
ment of this nation’s convention busi-
ness. Currently, SuperClubs Breezes
is the only resort that offers passport

cent

hole

reimbursement for group travel.
The Ministry noted that group busi-
ness travel was generated through
three channels - independent meeting
planners, corporate meeting planners
and business incentive houses. They
accounted for 30 per cent, 30 per cent
and 40 per cent of the group/conven-

SEE page 15B

BISX rules redraft ‘85 to 90 per cent’ done

Changes to fill ‘some holes’
on sanctions, compliance

acquisitions (M&A).
Mr Davies: “I’d say we are 85-90 per

complete doing the draft. Now we

will have a physical draft.
“In doing that work, we noticed some

s, some Omissions and some ambigu-

ities that we’re trying to fill. I would hope ~

SEE page 14B:

—of-the-rules-and possibly mergersand-__.-.—-.—-f KEITH DAVIES. —— °

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know that we can give her the education she needs to succeed. Harvard, Oxford, University of
The Bahamas? The choice will be hers...but a college.education is definitely in her future!

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The. Miami Herald |



WALL STREET

ease ROARED AN

| MONDAY, FEBRUARY 5, 2007

BOER AN A EAR OSA POE EISRLION ISO SMO RBSEDIN



3B

Double-digit growth eluding top firms

§ Wall Street was holding out
hope that a few companies were
going to report double-digit
profits, but the likelihood of that
happening is almost nonexistent.

BY JOE BEL BRUNO
Associated Press

NEW YORK — For America’s top
500 companies, the absence of
extraordinary earnings news this past
week pretty much guarantees 18 con-
secutive quarters of double-digit
profit are over.

Wall Street analysts say fourth-
quarter results are running just about

WORKPLACE

Kindness
can goa
long way

BY A new book about the power of
nice proposes that a little
kindness at work can hold the
whole office together.

BY PATRICIA KITCHEN
Newsday

Every office, if it’s lucky, has its
Bonnie Boynton.

Boynton is a customer service rep-
resentative at Action Envelope in
Lindenhurst, N.Y., and she’s the per-
son who bakes cakes for people’s
birthdays, brings in the plug-in air
freshener when the office is smelling
a little musty, says good morning to

- everyone and gets her husband to

come in after work to help put up the
office Christmas tree.

The way that air freshener perme-
ates the office, that’s the way Boyn-
ton’s “spirit permeates the com-
pany,” says Sharon Newman,
president. She’s “almost like a linch-
pin around good feelings.”

Such is the message of the new
book The Power of Nice — How to
Conquer the Business World with
Kindness (Doubleday, $17.95) — with
a forward by Jay Leno. Authors Lisa
Kaplan Thaler and Robin Koval
write: “It is often the small kind-
nesses — the smiles gestures, compli-
ments, favors — that make our day
and can even change our lives.”

Yes, there can be downsides to
unleashed niceness, such as turning
into the office doormat. The more
cynical among us, certainly, can show
considerable annoyance at all that
goodwill. And we all might be able to
point to examples of the maxim that
says, “No good deed goes unpun-
ished.”

Still, the authors say, the reasons
to do the nice thing are compelling.

If for no other reason, it’s to avoid
being seen as mean, and “mean is so
last generation,” says Thaler, chief
executive of The Kaplan Thaler
Group, a New York advertising
agency where co-author Koval is
president.

In a society in which thoughtless,
Scrooge-like acts can be shared
through instant message or captured
on video, “a small misdemeanor can
be flashed around the world,” she
says, “and no amount of advertising
can help a company un-Google itself
from bad behavior.”

But, beyond that, these workplace
do-gooders are “the glue that holds
the office together,” even if they are

*TURN TO KINDNESS,
FOOT CARE

on par with historical averages. As of
Jan. 31, with 57 percent of S&P com-
ponents reporting, companies have
posted profit growth that has aver-
aged 8.1 percent, the rating agency
said.

But measure the latest results
against the third-quarter’s 23 percent
performance and the fourth quarter
pales in comparison.

“There was some hope of getting
back into double digits if there were a
few surprises, but that’s over now,”
said Howard Silverblatt, S&P’s senior
index analyst. “There’s nobody left«
that can hit a home run. We're still

)





going to finish under 10 percent no
matter which way you go.”

-Wall Street hoped some knockout
results from major U.S. companies, or
a surprise here or there, might give
the S&P 500 enough juice to hit 10
percent growth. But, even with
strong earnings from the likes of
Exxon Mobil, growth still remains in
single-digit range, Silverblatt said.

The fourth quarter is also leaving
some investors disappointed as a
number of closely-watched compa-
nies had lackluster results, including
Ford, Alcatel-Lucent, 3M and
Advanced Micro Devices.



PAYING FOR SCHOOL: Democratic lawmakers and President Bush are trying to raise the maximum
amount of money for Pell grants - federal grants to middle- and low-income students.

~PREFERRED-LENDER-
LISTS BEING PROBED |

INVESTIGATING THE TIES BETWEEN COLLEGE
OFFICIALS AND STUDENT LOAN COMPANIES

|
| THE NEW YORK ATTORNEY GENERAL’S OFFICE IS

companies.

The inquiry by the attorney gen-
eral, Andrew M. Cuomo, shows a
sharpening focus-by government
officials on the often undisclosed
relationships between loan compa-
nies and colleges and universities,
particularly as tuition has soared
and private student loans have
become an extremely lucrative and
fast-growing business.

Sen. Edward M. Kennedy, the
Massachusetts Democrat who is
chairman of the committee on
Health, Education, Labor and Pen-
sions, is taking aim at so-called pre-
ferred-lender lists, which college
financial aid offices compile to rec-



BY JONATHAN D. GLATER
New York Times News Service

Colleges and universities nationwide, from New York to Nebraska,
began receiving formal requests for information from the New York
: attorney general’s office Friday as part of an investigation of financial
| relationships they or individual college officials have with student loan

ommend loan companies to stu-
dents. Because students tend to
rely on this advice, getting on the
list is crucial, and lenders use vari-
ous tactics to curry favor with col-
leges. Kennedy is pushing a bill, the
Student Loan Sunshine Act, that
would require the disclosure of
such arrangements, ban gifts and
services worth more than $10 to
college employees, and require
lenders to tell students that they
might be eligible for low-interest
federal loans.

The federal Education Depart-
ment, which until recently paid rel-
atively little attention to such prac-

Podiatrists make strides for feet

@ Finding its niche, Footcare
Express offers corrective
measures to tackle the walking
pains of post-modern man and
woman.

BY JANE BUSSEY
jbussey@MiamiHerald.com ,

You can almost hear the thump,
thump of feet striding across the
screen at Footcare Express as Charles
Mutschler peers at the picture, scruti-
nizing the gait.

“Here’s one. See how the outside
of the foot almost doesn’t touch,”
said Mutschler, a podiatrist, as he
pointed at a pair of feet that tilt
inward over the arch.

Spotting problems in a patient’s
gait using video motion analysis is

LEAL LEMLA LA LIVERS GREE DER SELES



one of the ways the specialists at
Footcare Express diagnose and treat

- foot, leg and muscular-skeletal prob-

lems. Mutschler, who is the medical
director at Footcare Express, watches
a lot of patients’ leg and feet videos.

Besides video analysis, Footcare
Express podiatrists also use X-rays

‘ and ultrasound to diagnose and treat
. problems.

Footcare Express places under one
roof a retail store, a center for podia-
try consultations and a manufactur-
ing site for corrective inserts, which
are known as orthotics.

The company is owned by Harold
Reinhartz, a podiatrist, and his son
Jarett Reinhartz, who is a pedorthist
— a specialist who fits and makes
correctional inserts or specially fitted

ogee Rat REMERON RAT RECN

shoes,

Podiatry — the treatment of prob-
lems of the foot — is a growing busi-
ness because of the burgeoning
demand for corrective inserts to
improve sports performance or
reduce pain in the feet, legs or even
lower back.

Those turning to podiatry include
top athletes striving for peak perfor-
mance, weekend runners trying to
avoid pain, overweight Americans,
fashionistas seeking repairs after a
steady foot diet of Jimmy Choo and
Manolo Blahnik stilettos and just
ordinary people.

The human foot, with its 26 bones,
was actually designed to go barefoot

* TURN TO FEET



About 308 S&P members reported
results as of Feb. 2, and 197 have
posted profit above Wall Street pro-
jections, according to Thomson
Financial. Sixty-three fell below
‘expectations, while 48 matched.

The best news has come from the
financial sector, where Wall Street
banks turned in record results all
year. Investment banks have enjoyed
an unprecedented run thank: to the
rallying stock market, including
robust fees from advising on some $4
trillion of acquisition activity in 2006.

With help from companies like
Merrill Lynch & Co. and Goldman



MIAMI HERALD FILE

tices, is weighing whether toregu- |
late preferred-lender lists, perhaps
by requiring colleges and universi-
ties to include acertain, minimum
number of loan companies as ,
options; some institutions have just
one or two on their lists. These
combined efforts could pose a peril
to some loan companies, wh.ch
have flourished as private student
loans, not guaranteed by the fed-
eral government, have grown at an
average rate of 27 percent annually
since 2001. Private loans now make
up 20 percent of total education
loan volume; students took out
more than $17 billion in such loans
last year, according to the College
Board.

But the most aggressive action
so far is by Cuomo, who has
demanded information from eight
loan companies, including Educa- |
tion Finance Partners and Sallie
Mae, the nation’s largest student
lender, and plans to query more |
than 60 colleges and universities. |

“My office is seeking to ensure
that students are being steered |
toward lenders offering the most |

*TURN TO LOANS.



Sachs Group, S&P said 26.7 percent
of the index’s earnings are coming
from the financial sector. Energy
companies account for about 14 per-
cent of the earnings.

But the technology sector has
been the most troublesome. Tele-
communications companies remain
the index’s laggards, while warnings
and weak profit outlooks from
broader tech players received an
unsettling reception by investors.

Those disappointing include JDS
Uniphase, Sandisk and even Yahoo.

* TURN TO GROWTH

IRS

Tax credits
reward
energy
efficiency

=! Consumers can get tax credits
on hybrid vehicles or
energy-efficient home
improvements such as water
heaters, windows and doors, but
dishwashers and refrigerators
don’t qualify.

BY EILEEN PUTMAN

Associated Press

WASHINGTON — Did you install
an energy-efficient.water, cheater or,

_furnace in 2006? Howw.about.a solar

panel, storm doorrinsulation? You
may reap a reward at-tax-times~ ><

With fuel and other energy costs
skyrocketing last’ year, consumers
who purchased energy-efficient
home improvements or hybrid vehi-
cles can take a tax credit — one of the
tax code’s biggest prizes.

Credits amount to pure gold for
the taxpayer because they are a dol-
lar-for-dollar reduction in tax liabil-
ity, whereas a tax deduction only
reduces the income against which tax
is assessed.

Many home improvements can
qualify for the residential energy
credit, including insulation, certain
water heaters, air conditioners, fans,
furnaces, skylights, exterior windows
and doors, solar panels and metal
roofs with pigmented coatings
designed to reduce a home’s heat
gain.

The credit is usually 10 percent of
the cost, though there may be sepa-
rate limits for specific devices. For
example, up to $50 can be claimed for
a main circulating air fan and up to
$150 for a natural gas, propane or oil
furnace, or hot water boiler. No more
than $200 of the ae can be for
windows.

The credit is limnited: to $500 for
the 2006 and 2007 tax years com-
bined. So if you claim the entire $500
credit for 2006, you won’t get the
credit for 2007.

Separately, taxpayers can take a
credit of 30 percent of the cost of a
solar panel, solar water heater or fuel
cell power plant to heat their homes,
up to a maximum credit of $2,000. No
part of such a system can be used to
heat a pool or hot tub, however.

To be eligible for a residential
energy credit, the device has to be

* TURN TO TAX CREDITS

PHOTOS BY PETER ANDREW BOSCH/MIAMI HERALD STAFF

HELP IS ON THE, WAY: Jarett Reinhartz holds a mold, left, and a
corrective insert known as an orthotic while a computer displays an
image created by a laser scan of a foot.



MAA



Wa



st dora:

heen


PAGE 2B, MONDAY, FEBRUARY 5, 2007

THE TRIBUNE

Tl




EMPLOYMENT
Od ee ae

@ By Fidelity Capital
Markets

moderate level of
trading activity took
place in the

Bahamian market this past
week, as 47,417 shares changed
hands. The market saw 12 out
of its 19 listed stocks trade, of
which five advanced, four
declined and three remained
unchanged.

Volume leader for the week
was Fidelity Bank (Bahamas)
(BAB) with 11,560 shares
changing hands, and account-
ing for 24.4 per cent of the total
shares traded. The big
advancer for the week was
Abaco Markets (AML), up
. $0.06 or 8.57 per cent to end
the week at $0.76. On the
down side, Freeport Concrete
Company (FCC), lost $0.05 or
9.09 per cent to close at $0.50.

The FINDEX gained 4.09
points for the week, to close
at 769.33.

RASTRRANTE
Villaggio
| PIAN@ BAR & CAFE
Seeks to employ experience

Pizza Chef and
Dish Washers

Must be well-groomed
Fluent in the English Language
Must have own transportation
Must be able to work flexible
hours ;
Send Resume to:
Human Resources
P.O. Box CB 13647
Nassau, Bahamas
or Apply in person
Caves Village, West Bay Street.

COMPANY NEWS

(CBL) — Fiscal 2006 was
another banner year for the
Bahamian-owned commercial
bank. Not only did the bank
record its 10th straight year of
record breaking profits, but its

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assets surpassed the $1 billion
mark. ,

For the year, net income
stood at $40.4 million, repre-
senting an increase of $8.6 mil-
lion or 27.14 per cent versus
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income available to common
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Return on Assets stood at 3.76
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For fiscal 2006, total assets
stood at $1.01 billion, an
increase of $164.7 million or
19.3 per cent year-over-year.
With such spectacular results,
CBL's board of directors has
declared an extraordinary div-
idend of $0.12 per share,
payable on April 30, 2007 to
all shareholders of record date
April 13, 2007.

In related news, CBL ~

opened its latest New Provi-
dence branch at Golden Gates.
CBL management has said the

opening of the new branch...

demonstrates the bank's com-

mitment to its customers by |

taking banking to the people.

Abaco Markets (AML) —
For the 2006 third quarter,
AML posted a net loss of
$753,000, an improvement over
a net loss of $1.2 million for
the same period in 2005.

Sales stood at $18.3 million, —

which represents an increase
of $1 million or 5.95 per cent
year-over-year, while cost of
sales grew by $538,000 or 4.31
per cent. Net operating loss for
the period was $234,000 ver-
sus $473,000 in 2005.

Despite the dismal results
being released this week,
AML's share price increased
by $0.06 or 8.57 per cent to
close the week at $0.76.





























FINDEX 769.33 YTD 3.67%
BISX

SYMBOL PRICE
AML $0.76 $0.06
BAB $125 Cotta gs
BBL $0.80 $-
BOB $8.03 - $-
BPF $11.00 $-0.30
BSL $14.60 $-
BWL $1.85 $-
CAB $10.00 $-
CBL $13.26 $0.26
CHL $2.00 $-
CIB $14.50 $0.04
CWCB_ $5.22 $0.17
DHS $2.44 $-0.06
FAM $5.70 $-0.10
FCC $0.50 $-0.05
FCL $16.21 $0.53
_FIN $12.30 $-
ICD $7.10 $-
ISJ $9.05 $-

PRE $10.00 $-

DIVIDEND/AGM NOTES:
December 31, 2006.

ary 26, 2006. «

2007. re

date April 13, 2007.

FOREX Rates

CAD$
GBP
EUR



Commodities

Crude Oil
Gold

DJIA
S & P 500
NASDAQ
Nikkei

+

The Bahamian Stock Market

FCL has declared dividends of $0.12 per share, payable on
February 8, 2007, to all shareholders of record date January 31,



International Markets

International Stock Market Indexes:



CLOSING CHANGE VOLUME YTD PRICE —

CHANGE
8000+ (24.50%
11560 0.00%
0 5.26%
0 0.00%
1320 2.65%
0 0.00%
0 5.71%
1100 0.00%
3814 6.00%
1423 5.26%
3000 2.47%
2000 337% |
8600 2.40%
1500 155%
1500 9.09%
3600 29.16% -—
0 2.33%
0 -0.70%
0 5.23%,
0 0.00%

¢ CWCO has declared dividends of $0.012 per BDR,
payable on February 7, 2007, to all shareholders of record date

* BSL has declared dividends of $0.285 per share, payable
on February 6, 2007, to all shareholders of record date Janu- —

¢ CBL has declared an extraordinary dividend of $0.12 per ©
share, payable on April 30, 2007, to all shareholders of record ©







Weekly % Change
1.1851 0.42
1.9666 0.37
1.2963 0.40









Weekly

$59.16 - 9.09 |
$653.00 0.76

_ % Change



Weekly
12,653.49 1.33

% Change

1,448.39 1.84
2,475.88 1.66

17,547.11 0.72

Trade with China...

FROM page 1B

million worth of goods from
China.

The letter was prompted by
Mr Lowe’s repeated inquiries
for confirmation to assertions
made by Fred Mitchell, minis-
ter of foreign affairs, last Sep-
tember that trade between the
Bahamas and China amounted
to $155 million per annum.

Official

Yet Mr Lowe told The Tri-
bune that an official at the Chi-
nese embassy had confirmed
to him that $125 million of Chi-
na’s vehicles and shipping
exports to the Bahamas con-
sisted of ships that were built in
China, then registered on the
Bahamian shipping registry.

This meant that while these

PMH sag

ships generated fees and ,

income for the Bahamas Mar-
itime Authority and govern-
ment, they generated relative-
ly little other benefits for the
Bahamas, and Mr Lowe
argued this showed that this
nation’s trade with China was
being inflated.

Instead, he argued that the
real volume of trade was.clos-
er to $29.65 million.

Mr Lowe said of the $155
million figure: “It was a ‘feel
good’ number by Mr Mitchell.
I think he was trying to make it
sound a little better than it
really was, but $29 million is
not a number to sneeze.at.

Million

“Some $125 million of that
number was for ships that were
only registered here. Why use

rs

UL ToL 9 te EE

it’s a numbers game

an inflated number when it
sound good?”

Trade

While the Bahamas’ trade
with China was “limited in
scope at this stage”, Mr Lowe
said the fact that the Govern-
ment had to rely on Chinese-
supplied statistics showed this
nation needed to improve its
economic data collection and
analysis if businesses were to
make informed decisions.

“It shows we need some bet-
ter data collection,” Mr Lowe
said. “Customs is supposed to
have that information based
on the goods entries, but that
information is not available at
this stage. We’ve got some
work to do there, as that infor-
mation is useful for every-
body.”

: ee