The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/02935
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 7/6/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02935
System ID: UF00084249:02935

Full Text






Volume: 103 No.187 FRIDAY, JULY 6, 2007 PRICE- 750

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'Heated discussion'

over effectiveness

of former PM

SUSPICIONS of dissent
within the Progressive Liberal
Party are sparking a heated
debate about the effectiveness
of the country's former prime
minister Perry Christie, accord-
ing to sources.
Mr Christie's failure to
address the issue of the courts
on a timely basis and what
many believe was his inability to
reign his party in are "justifi-
able criticism" of his term in
office, a PLP insider told The
Tribune. "There are some
things he didn't handle as quick-
ly as I think he ought to have,"
the source claimed. "In terms
of disciplining members of the
Cabinet, I think most people

thought that he was too slow,
including his own supporters.
At the same time one will have
to acknowledge that part of this
(delay) was due to his desire to
be as fair as possible to persons
whom he regarded as close col-
"Had he put his foot down
from the very beginning and set
the tone, I think people would
be more forgiving of him," the
source added. However Mr
Christie's "nice guy image" may
be a tactic he is using as a future
political asset, insiders say.
As rumours surface that offi-
cials within the PLP are vying
for a new leader, staunch PLPs
are quick to deny the claims. "I
SEE page 12

* OFFICERS practise their marching routines yesterday for the upcoming Bahamian
Independence Day celebrations at Fort Charlotte. Independence Day is on Tuesday, July 10.
(Photo: Tim Clarke/Tribune staff)


Christie confident he will campaign buys

lead PLP into next election eight dialysis

Tribune Freeport Reporter
FREEPORT Opposition Leader Perry Christie said he is con-
fident that he will lead the PLP into the next general election.
At a press conference at PLP Headquarters in Grand Bahama
yesterday, Mr Christie assured supporters that he is still party
leader, and that leadership is not an issue in the party.
"There are some journalists who write often about the leadership
of the PLP and their views as to what should happen to the lead-
"I think it is important for me to address that briefly, and to say
to you that I am the leader of the PLP and that I am here with my
colleagues as evidence of that," he said before a packed room of
Mr Christie seemed very confident that the PLP will remain
under his leadership, with St Cecilia MP Cynthia Pratt as deputy
SEE page 10


THE dialysis unit of the I
Princess Margaret Hospital will
have another four machines by
next week. Because of the
resounding success of the
fundraising drive, which in three
weeks raised $342.915.29 to pur-
chase the units, the hospital's
dialysis unit will soon have eight
new machines.
Four of them are now on r LOAN LAUNCHED CAMPAIGN Mark Roberts (left)
their way to South Florida, thanks Peter and Erica Austin for their $80,000 loan to purchase
SEE page 10 four dialysis machines to launch the dialysis machine campaign for
the Princess Margaret Hospital.

Pricebusters 'has removed Christie: FNM abandoned Urban

all recalled toothpaste'
Tribune Staff Reporter
PRICEBUSTERS President Craig Walkine
has announced that his company has voluntarily
removed all recalled counterfeit Colgate tooth-
paste from its store shelves, and that consumers
who may have bought the item can return it for
a complete refund.
Mr Walkine issued a press release yesterday
after the Ministry of Lands and Local Govern-
ment identified Pricebusters as the retailer found
carrying the counterfeit product, which contains
an ingredient used in anti-freeze.
"Over two weeks ago, we learned on the
SEE page 10

Renewal because of politics
Tribune Freeport Reporter
FREEPORT Pointing out the Urban
Renewal Programme has been described as "one
of the single greatest social interventions" in the
country's history, opposition leader Perry
Christie criticised the FNM government for aban-
doning it "because of politics."
"Because it was a PLP designed programme;
because it was a programme designed by me,
every effort has been made to rewrite it, to
change the name, and talk about introducing a
programme of neighbourhood policing," he said.
Speaking in Grand Bahama yesterday, Mr
Christie noted that Urban Renewal positively
SEE page 12

FNM claims
began Urban
Tribune Staff Reporter
THE FNM has made a con-
troversial claim that Prime Min-
ister Ingraham began the award
winning urban renewal pro-
gramme in the year 2000 rather
than former Prime Minister
Perry Christie.
Kenneth Russell, the minis-
ter responsible for the pro-
gramme, made the claim yes-
terday at a press conference at
Claughton House.
"While we'll give him (Mr
Christie) credit for the things
that he has accomplished in
urban renewal, we do not think
that we should allow our people
to continue going on with this
belief that this one man started
all of this," he said.
"I wish to correct the percep-
tion that urban renewal is or
SEE page 10

FNM: Urban

Renewal 'is

not dead'
Tribune Staff Reporter
THE FNM government
declared yesterday that urban
renewal "is not dead" at a press
conference to unveil changes to
the programme.
Kenneth Russell, the minis-
ter responsible for urban renew-
al, briefed the press on some
changes to the programme,
accompanied by Minister of
State for Social Development,
Loretta Butler-Turner; Brensil
Rolle the parliamentary secre-
tary in the ministry housing and
national insurance, who has
direct oversight for the pro-
gramme; Assistant Commis-
sioner Marvin Dames, and oth-
er senior public servants.
The role of police has been
modified under the new
arrangement. Mr Dames said
that at least two officers will be
assigned to each of the urban
renewal centres, but they will
be under the supervision of the
neighbourhood station.
SEE page 10



* L




Bahamas considering arrest warrant

treaty with other Caribbean countries

Tribune Staff Reporter
Arrest Warrant Treaty has been
forwarded to the attorney gen-
eral and the Ministry of Nation-
al Security for consideration fol-
lowing the conclusion of this
week's CARICOM heads of
government conference.
According to Deputy Prime
Minister Brent Symonette -
who headed the delegation to
the Caribbean conference the
treaty was proposed as a means
of speeding up the legal system
across the Caribbean.
"Member countries agreed
not to sign off on it as (the gov-
ernment of) Trinidad (and
Tobago) wanted, but we're hav-
ing our respective governments
look at it as a way of dealing
with the question of a warrant
in one country for a national
who happens to be a national
of another country," said Mr
The minister spoke of the
treaty as he held a conference to
inform the media of what took
place at the CARICOM meet-
ing in Barbados this week.
The conference' is the
"supreme organ of CARI-
COM" which determines and
provides policy directions, and

* DEPUTY Prime Minister and Minister of Foreign Affairs Brent Symonette responds to
questions from the media during a press conference held at the Ministry of Foreign Affairs
headquarters on Thursday
(BIS Photo: Tim Aylen)

is the final authority on treaties
and relationships with outside
Mr Symonette indicated the
Bahamas is in favour of CARI-
COM chairman Owen Arthur's
suggestion that there needs to
be further cross-Caribbean inte-
gration on issues other than

those in the economic sphere,
such as health, education and
"We might not sign onto the
free movement of labour
(CSME), but there are other
areas in which we can work
together to achieve the same
goals," said Mr Symonette.

"Functional co-operation" is
key to this, he said, meaning
that a system will be in place to
measure the degree to which
individual nations are con-
tributing to the movement to
ensure a level of equity.
Issues of energy, air and mar-
itime transportation, tourism,

external trade negotiations and
security matters that arose in
relation to the hosting of the
Cricket World Cup 2007 were
all topics discussed during the
four day conference.
One focus was the proposal
of a certificate of qualification
for Caribbean workers and pro-
fessionals which would be
recognisable by immigration
officials across the Caribbean
who have to determine whether
to admit a national.
This could remove some of
the bureaucratic barriers to the
flow of skilled labour through-
out the Caribbean.
However, Mr Symonette said
that before the Bahamas would
sign onto the implementation
of such a certificate which, he
noted, is not the equivalent of
the CSME it would need to
"look at our whole labbur force
the question of who's in the
country, who's out of the coun-
try, the needs and requirements
of industry."
In particular, the fact that a
2001 poverty study found that
young Bahamians in their teens
and 20s were experiencing the
highest level of unemployment
out of all groups "is something
that would have to be
addressed" before any easing
of barriers to the entry of skilled

Caribbean labour into the
Bahamas would be prudent,
suggested Mr Symonette.
According to the minister,
while the CARICOM passport
was another topic debated, the
Bahamas' position is that our
"first priority" is the imple-
mentation of machine read-
able passports due October
He said however that "there's
a lot of similarity" between the
proposed CARICOM passport
and the Bahamian passport and
officials are "looking at the
compatibility" of the Bahami-
an passport with the require-
ments of the regional version.
The cost of the cross-
Caribbean version versus the
Bahamian one is also being tak-
en into consideration.
Mr Symonette claimed the
most useful aspect of the con-
ference for the Bahamas was
attendance, and the opportuni-
ty to "spend a lot of time
together discussing issues, some
in private, some together."
The Bahamas did not use the
event as a time to lobby for par-
ticular positions, but primarily
to "follow up on and support
initiatives which have been
there for a while, taking it to a
higher level and trying to bring
it to a conclusion," he said.

CARICOM ministers discuss deportations from US

* By ALISON LOWE returned from the Meeting on
Tribune Staff Reporter the Conference of Heads of
Government in Barbados held
THE automatic deportation from July 1 to 4.
of non-US citizens who have While deportation was a top-
served time for crimes in the ic broached in a June meeting in
United States back to their Washington between US and
"countries of origin" was asig- CARICOM leaders, the
nificant topic of discussion for response from U S officials was
leaders at this week's CARI- reportedly that the practice
COM conference, according to would continue. Hence region-
Brent Symonette. al leaders are now focusing their
"There are two issues: one attention on their desire for U S
the question of deportation, the government to provide funds
second question is the providing the government of the country
of funds for the resettlement of to which the deportee is being
those people in ithelicqntries,"- sent to aid the individual's rein-
said the minister, who has just tegration into society.

Under U S law, every non-
citizen sentenced to a year or
more in prison is subject to
deportation, even if the sen-
tence is suspended. Deportable
crimes can be anything from
murder to petty theft.
Mr Symonette said that par-
ticular concern arises in his
mind with regard to deportees
who may have barely any "con-
nection" with the Bahamas.
"In some cases a person is
deported to country 'A' when
he probably left that country at
the age of two and has no con-
nection to the country ... save
the fact that they arrived to the

United States from there.
"They might not even have
been born there, so they have
no family there, they've spent
their entire life in the United
States how does that person
become resettled in Jamaica,
Bahamas, whichever country
they're in? Resettlement is a
big issue," said Mr Symonette.
Some senior police have com-
mented on the difficulties
caused by the deportation of
criminals from the U S to the
Bahamas, claiming they are
often again involved in very
serious crimes, and can bring
new criminal knowledge and

connections to this country.
Former Caribbean diplomat
Sir Ronald Sanders said in
November 2005 that there is
anecdotal evidence of a corre-
lation between the arrival of
deportees and rising crime.
Earlier this week, Chief
Superintendent of Police Glen
* Miller said that he has known
cases where deportees have
ended up homeless in this coun-
"We have experienced cases
where someone has been in the
U S for 20 years, served five or
.. 10 years.in prison and was
deported. That persons in

essentially homeless... the fel-
low doesn't know anybody and
he has to live so it is definitely
something worth considering,"
.he said.
Guyana got into hot water in
2001 when it stopped accepting
ex-con deportees. The U S, in
retaliation, stopped issuing visas
to Guyanan government offi-
cials. The ban was later
removed when Guyana agreed
to admit 100 deportees.
Mr Symonette said yesterday
that the topic is one that
Caribbean leaders will continue'
tq ''followup on."


PAGE 2, FRIDAY, JULY 6, 2007



FRIDAY, JULY 6, 2007, PAGE 3


In brief

Man admits



during fight

A MAN accused of stabbing
his girlfriend during an alterca-
tion earlier this week pleaded
guilty in Magistrate's Court on
Wednesday to the charge of
causing harm.
He was fined $500. Failure to
pay the fine will result in a three
month prison sentence.
Court dockets alleged that
Valentino Brown, 27, of Watlins
Street caused harm to Antonice
Rolle Johnson on Monday, July
Brown was arraigned before
Magistrate Renee McKay.
Inspector Nathan Mackey pros-
ecuted the arraignment.
The 18-year-old victim's
wounds were reportedly not life
According to reports, on
Monday the victim was walk-
ing in the area of Market Street
with her boyfriend when they
got into an argument, which led
to her being stabbed several

Olde Town

Oyster Bar

to host

jazz event.
THE Olde Town Oyster Bar
at Sandyport is hosting a new
weekly event known as "Jazz
on the Water".
Featuring Mizpah Bethel and
Mark Redgrave on guitar, the
event is held on Sundays from
3pm to 7pm.
The jazz night kicked of July
1 and will continue until August

raise fears on
port security

San Juan
!" AN alleged terror plot with
Caribbean roots has raised US
Iancertslahbutithe vultelrlbiW- '
tyof the region's ports that aie
:used to transit oil, natural gas
and millions of American cruise
ship passengers each year,
according to Associated Press.
A new report by the inves-
tigative arm of Congress
describes the "growing influ-
ence" of Islamic radical groups
as a threat to the Caribbean's
maritime security along with
more traditional concerns such
as organized gangs, illegal
migration and drug trafficking.
"The terrorism threat is low
in comparison with what's hap-
pening every day" in the rest of
the world, Stephen Caldwell,
the main author of the Govern-
ment Accountability Office
report, said Thursday. "But the
Islamic radical threat needs a
little more focus down there."
Four men from Guyana and
Trinidad were arrested last
month and accused of conspir-
ing to ignite fuel lines feeding
New York's John F Kennedy
International Airport. The sus-
pected ringleader, a Guyanese-
born US citizen, is in custody
in New York. The others are
fighting extradition from
Violent extremist groups tra-
ditionally have not gained trac-
tion in Caribbean societies, but
US counterterrorism officials
have expressed concern about
disaffected people on the mar-
gins acting on anti-American
The report, based on infor-
mation from US agencies and
Caribbean government officials,
warns of a radical Muslim group
that launched a bloody coup
attempt in 1990 and says mili-
tant organizations including
Hezbollah have a presence in
such countries as Venezuela
and Colombia.
It said Caribbean ports would
be vulnerable to attacks because
of corruption, lax security and

limited resources to maintain
equipment. US State Depart-
ment officials, it noted, have
witnessed open, unattended
gates and other security gaps at
ports where cruise ships dock.
Islands .vigorously defend
their handling of security at
ports that are the point of entry
for many tourists.

Fetlzr,' Fnide

PLP 'embarrassed' by delay

in challenging Senate seats

Tribune Staff Reporter
THE PLP is being embar-
rassed by their lawyers' fail-
-ure to act in bringing a consti-
tutional challenge in response
to Prime Minister Hubert
Ingraham's appointments of
the last three senate seats,
according to party insiders.
Despite proclamations by
the PLP several weeks ago
that it would immediately issue
a constitutional challenge to
the senate appointments, all
has been silent on that front.
Sources close to the party
claimed that the PLP seemed
to be at "wit's end" with their
lawyers regarding the consti-
tutional challenge.
In May, Michael Halkitis
and Tanya Wright were
appointed to two of the three
remaining Senate seats.
When Ms Wright was select-
ed by Prime Minister Hubert
Ingraham, opposition leader
Perry Christie objected, but
was overruled by Mr Ingra-
ham under the provision of
article 79(5) of the constitu-
tion, which empowers him to

continue with his appointment
even if the opposition leader
However, the PLP said that
in keeping with the provisions
of article 40, the seat that Ms
Wright now holds should have
gone to a PLP.
"(We) believe that article 40
speaks clearly to securing the
political balance in the Senate
as it exists in the House of
Assembly and that would
mean to us that we are enti-
tled to the three senators,"
PLP chairman Raynard Rig-
by said.
Observers are now noting
that it is embarrassing for the
party to first make resolute
statements about the challenge
being a matter of principle and
constitutional importance, and
then to be seen as failing to
follow up on it.
According to PLP members,
constitutional lawyer Paul
Adderley is handling the case
for the party. However, The
Tribune could not contact Mr
Adderley to confirm this.
Party members said that
they have no idea what their
lawyers are doing or when the

case will actually be ready to
go before the courts.
"It should have already been
done," one party member
Former prime minister Per-
ry Christie formally
announced that a constitu-
tional challenge would be
brought against the nomina-
tion of three senate seats dur-
ing the PLP's "thank-you" ral-
ly at the Queen Elizabeth
Sports Centre at the end of
Mr Christie told his sup-
porters that he believes the
matter is one of "great consti-
tutional importance."
"It is important for this
country that this important
point of principle be tested and
be fully understood.
"I will not desert that point
of principle. It is my belief, and
I am now acting on that belief,
that because of the current bal-
ance in the House of Assem-
bly, all three seats that should
be decided on in the Senate,
with the prime minister con-
sulting the leader of the oppo-
sition and advising the Gover-
nor General, all three of those

seats ought to be allocated to
the Progressive Liberal Party,"
Mr Christie said.
Shortly after that, PLP chair-
man Rigby told The Tribune
that the constitutional challenge
would be made within a few

No official statement has
been made on the matter by the
PLP since then.
The Tribune was also unsuc-
cessful in speaking with Mr
Adderley despite several
attempts to contact him.

'IL'']C'1IE ~ .I"t]'I~`;I$~l~ 1E1~~~ i~~~

* TANYA Wright U PERRY Christie

Three men are charged

after marijuana seizure


THREE men charged in
connection with the seizure of
an estimated $2.5 million
worth of marijuana earlier this
week were arraigned in Mag-
istrate's Court yesterday.
William Alexander Curling,
38, of Sea Breeze Estates, Mar-
tin Bertie Munroe, 36, of Impe-
rial Park and Orlando Smith,
alias Olando Smith, of Old
Boat Alley, were arraigned
before Magistrate Carolita
Bethel in Court 8, Bank Lane.
They appeared on charges
of possession of marijuana
with intent to supply as well
as conspiracy to possess mari-
juana with intent to supply.
All three men, pleaded not
guilty to the charges against
them. Police have also charged
the three men with importa-
tion of marijuana, Inspector
Ercell Dorsette, the prosecutor

told the court yesterday. The
men are expected to be
arraigned on that charge next
Munroe and Curling are
represented by attorney Deon
Smith. Orlando Smith is rep-
resented by attorney Wilbert
The prosecution objected to
bail being granted to Smith
and Curling, saying that they
have matters of a similar
nature pending before the
courts and if released on bail
may commit similar offences
or may fail to appear for court
The prosecution yesterday
asked for more time to find
out if Munroe had any previ-
ous convictions or matters
pending before the courts.
Magistrate Bethel noted
that a warrant of arrest had
actually been issued for Orlan-
do Smith over his failure to

Bayparl Building on Parliament Street
Telephone: (242) 323-6145
Harbour Green Shops at Lyford Cay
Telephone: (242) 362-6527, Fax: (242) 326-9953
P.O. Box N-121, Nassau, N.P., Bahamas
email:pritcharddesigngroup@coralwave.com -

appear in court earlier this
week. Smith told the magis-
trate yesterday that he had no
excuse as to why he had failed
to appear.
"I don't know what to say,"
he told the court.
Smith and Curling have
already been denied bail in
relation to the charges they
were arraigned on yesterday. It
was noted that Curling was
also on bail over drug posses-
sion charges.
The three men will return
to court on July 11 when a bail
hearing in respect to Munroe
is expected to take place and
the three men are expected to
be arraigned on an additional
drug charge.
The three men are accused
of being found in possession
54 packages containing 2,275
pounds of marijuana with an
estimated street value of $2.5



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A BAY STREET businessman has com-
plained that Atlantis is "sucking the life" out
of Bay Street, especially during the evening
He said there was no "doubt that Atlantis has
been a great thing for the Bahamas, but we are
now beginning to think that it is too big and
that the rest of us are suffering."
This feeling was so strong, he claimed, that he
felt there would soon be a "call for joint action."
This would be great if that joint action trans-
lated into Bay Street proprietors getting togeth-
er, determined to give Bay Street a facelift,
improve their own merchandise and service and
offer Atlantis real competition.
The question is what has Bay Street in its
present state got to offer, either to Bahamians or
visitors? The dirty, rat-infested, overcrowded
straw market is its greatest drawback. To begin
with this once popular shopping centre needs a
good cleaning.
Fortunately, all Bay Street merchants do not
believe that the progress of others has to be
stopped because a few cannot keep up with the
front runners. They realise that to meet the chal-
lenge standards have to be raised.
Greg Curry, owner of the popular downtown
restaurant, Caf6 Matisse, hit the nail on the head
when he said that instead of blaming Atlantis,
Bay Street proprietors should work to make
their restaurants and clubs more attractive to
visitors. Many tourists, he said, who go for a
walk in the downtown area in the evening end up
at his restaurant because all other establish-
ments have already closed for the night.
Mr Curry has been in business for 11 years.
He boasts "great repeat business, great word-of-
mouth reputation, people who come back after
"All of us who work," he said, "we know we
have a competitor, we have to perform. You
have to treat guests like they are coming to your
And when they come knocking at your door,
if you want their trade, you have to be there to
welcome them, not "gone fishing at 5 o'clock.'
One moonlight evening, shortly after Marina
Village at Paradise Island opened, we dined at
the newly designed Caf6 Martinique and later
strolled along the broadwalk with quaint shops
and restaurants on one side and the canal filled
with mega yachts and twinkling lights in the
background on the other.
Music filled the air. It didn't have the gondo-
las, but it was a touch of Venice in the tropics.
All wrapped into one was a bit of Harbour
Island, Tarpum Bay, Key West and Loyalist
A cool breeze blew across a night filled with

history-- a scene that would attract and charm
both Bahamian and visitor.
While Bay Street was locked down for the
night, Marina Village was bustling with activity,
which would continue until almost midnight.
Such a lively, attractive Village was the death
knell for a Bay Street that time had left behind.
As we strolled along we came to Doongalik
Studios Art Gallery and inside was the owner of
Doongalik and the creator of the Village -
architect Jackson Burnside.
It was from him that we learned that Marina
Village was a microcosm of what he had
designed for Bay Street. Only government daw-
dled over the proposed plans while Sol Kerzner
saw an opportunity and took it.
Several years ago the Historic Nassau Study
was commissioned by government, and the Nas-
sau Tourism and Development Board "to pro-
vide a foundation for the ongoing restoration,
preservation and development of the historic
city of Nassau." The study took Mr Burnside and
his team two years to complete. It was a mas-
terful guide as to how best to capture the history
and uniqueness of Nassau, repair historic build-
ings and revitalise a now abandoned and dete-
riorating city centre. It was presented to gov-
ernment, the Tourism Board and Bay Street
Mr Burnside said that he was working on
plans for Prince George dock when he got a
call from Sol Kerzner of Atlantis. They met.
They talked. "One thing led to another," said Mr
Burnside. Mr Kerzner was enthusiastic about
the architect's ideas. Mr Burnside started work
on the Village plans around 2000, then 9/11 col-
lapsed New York's twin towers and turned the
world upside down. Visitor arrivals slowed, so
did construction at Atlantis, and Marina Vil-
lage waited on the drawing board. When tourists
started to return to the Bahamas in 2002, it was
back to the drawing board the following year for
Marina Vjllage and in July, 2005 the Village
opened. It has been bustling with activity ever
Meanwhile with detailed plans, showing much
potential for a unique city centre, located by
the sea with broadwalks, a central bandstand
for afternoon and evening music, Bay Street
merchants were still talking. While they talked of
restoring historic Nassau, Sol Kerzner had
already duplicated it in miniature at Paradise.
This is the kind of competition that Bay Street
merchants face. If the Bahamas is to remain a
top tourist destination, progress cannot be
stopped for a few to catch up. They now have to
step up to the plate and enter the race. If they
fail, not only will they lose Bay Street, but with
it will go a large part of our tourist industry.

The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

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

EDITOR, The Tribune.

JUST the other day I was
involved in a well meaning,
but slightly heated debate with
two members of my family.
Both of them,came from an
era -in our young history -
where voting was not just a
right but mandatory; so when
faced with the views of a
young man seemingly full of
apathy and ambivalence -
when it comes to the leader-
ship of "our nation" it was
downright infuriating to them.
I understand their frustration
and completely share their
concerns but that is where our
cohesiveness ends simply
because our philosophical
views on politics and how
political strategies are deliv-
ered by Bahamian politicians
completely diverge. In my
view it has been a convention
by Bahamian politicians to use
during political campaigns
shallow tactics that feed to our
emotions and exclude our
intellectual sensibilities.
When I attend political ral-
lies I feel as though I am at a
Rolling Stones concert where
everybody around me is an
erratic groupie absorbing the
recycled nonsense like a well-
received rendition of Satisfac-
tion. Albeit on one hand the
experience was lively and
entertaining, but on the other
hand it was an empty and dis-
appointing experience that left
me ashamed of our political
process and my country. Why
are we as a people still settling
for this lazy, insulting and
unproductive approach to gar-
nering political support?
Politicians continue to toy
with our emotions by regur-
gitating the past and resurfac-
ing.superficial issues that have
a certain emotional connec-
tion with.itheir followers. But
what about the real issues, the
issues that deal with educa-
tion, the environment, eco-
nomic development, immi-
gration, the development of
small businesses, governmen-
tal interest towards domestic
investment (versus foreign
investment) and cultural
development? There are so
many issues to tackle, so many
issues that need to be brought
to the forefront, but yet the
political gimmicks take prece-
dence at political rallies. We
need to remove ourselves
from the gutters of history and
demand that our politicians
respect us as intelligent citi-
zens. We must require that

jfir t iaptiot (CburIb
289 Market St. South P.O. Box N-7984 Nassau, Bahamas

"What God Joins Together,
He Keeps Together."
7:00am, 9:00am, 11:15am
Marriage Officer, Counsellor, Intercessor
Phone: 323-6452 393-5798
Fax: 326-4488/394-48f9 ,
-----------------------I *S~l .'P ^_ *_ ^

Hotel in Nassau

our leaders bring to the sur-
face the real issues that
expound on the future better-
ment of our country and stop
residing in the shadows of past
mistakes and misgivings. We
all know that the political
game is the psychological
beast that tries to manipulate
voters by making us choose
sides, either you're a PLP or
FNM and like a sports fan
there is no rethinking your
choice halfway through the
season, it is what it is. Sadly,
what it is is a dirty game
fueled by the puppet masters
Now we realise the dreary
reality where politicians
expose the corruption of the
opposing party after the fact,
rather than exposing or com-
bating corruption when it first
becomes common knowledge,
but yet we are to trust them.
Simply put they are just as
guilty as the people who did
wrong because it is their fidu-
ciary responsibility to fight
and expose corruption not to
exploit it as a political weapon
later down the road. It is quite
apparent that all the mud
slinging make Bahamian poli-
tics a dirty arena. However,
this is not an unusual
approach to politics on an
international scale, but all I
ask is that they incorporate
the real issues in their cam-
paign. I see nothing wrong
with the entertaining qualities
of political rallies once they
are used as a secondary func-
tion to grab attention and to
draw numbers but when they
are abused as the core political
message that is when politi-
cians go awry' in their
approach. I would love for our
political parties and politicians
to embody something more
solid. I want to be able to
know that all these acronyms

have a political stance or ide-
ological foundation far beyond
the name calling and childish
politics. All I want as a
prospective voter is for my
prospective leaders to debate
their stances on issues that are
important to the proliferation
of prosperity, crimelessness,
academic excellence, commu-
nity spirit and survival of
Bahamian identity. All I want
as a prospective voter is for
each political party to express
their political stance whether
liberal or conservative and
explore where the Bahamas
will be four or five years down
the road. I want to be told that
there will be real changes to
the educational system not
told what the other party did
wrong in its attempts. I want
to be told that there will be
an aggressive and holistic
approach to solving the immi-
gration problem on all levels,
not told how freely the other
party granted permanent res-
idence' statuses in the past. I
want to be told that there will
be sustainable development
in the Bahamas through
domestic avenues, not told
how in the past a particular
party sold our land to for-
eigners. I don't want to live in
the past anymore; I want to
live in a progressive Bahamas
being lead by forward-think-
ing leaders. All I want as a
prospective voter is the real
issues to come to surface and
real solutions be proposed, all
I want as a prospective voter is
guidance for a country that
deserves well-serving leaders
in the driver's seat...All I want
as a prospective voter is a
smart, critical and real reason
to vote. So please, Mr Ingra-
ham, please Mr Christie, erase
my ambivalence and per-
ceived apathy and give this
young prospective voter a
mandatory reason to vote.

May 24, 2007.

Congratulations to the Royal

Bahamas Constabulary
EDITOR, The Tribune.
THIS morning I had a pleasant surprise while taking my grand-
son to school.
At the traffic light just out of view to drivers on the other alter-
nate road were two police officers on motorbikes.
Of course three cars ran the red light when it changed but each
officer stopped and booked one of the guilty drivers.
I just hope that I will see more of this type of policing and I also
hope that when the incident gets to court, that the judge sentences
the driver immediately and takes the police officer's word rather
than waste the court's, the country's, and the police officer's time
by even listening to a not guilty plea. And fine the driver.
In Florida, which as we know is a constituency of Nassau, it
never even goes to court, the police officer issues the fine on the
spot, for this type of offence. If you do not pay it on time, it gets big-
SI hope this is one example of the PM suggesting that we make a
serious effort by collecting money that is owed to the Govern-
ment, to generate much need revenue to the treasury.
However, since I am not interested in running for any political
office, I think that "running a red light" is on the same level as
shooting a gun at another person, the result is the same only the
weapon is different, the guilty driver should be charged with
attempted murder if another person is injured or first degree mur-
der if the incident results in a loss of life.
July 3, 2007.

Please give this

prospective voter

a reason to vote

Atlantis shows up Bay Street


announces that

Annual General Meeting

of Shareholders

will be held on the 11th of July,

2007 at 6 p.m.

at British Colonial Hilton

PAGE 4, FRIDAY, JULY 6, 2007



OIn brief

Rights group:
fewer political
now in Cuba

THE number of political
prisoners in Cuba has
dropped by more than 20
percent since Raul Castro
took over from his ailing
elder brother, but widespread
repression has continued, a
leading independent human
rights group said Thursday,
according to Associated Press.
"Still in force is a police
state whose nature is reflect-
ed in almost every aspect of
national life," the Cuban
Commission for Human
Rights and National Recon-
ciliation said in a report.
Raul Castro, the 76-year-
old defense minister, has led
the country since his 80-year-
old brother Fidel temporarily
stepped aside in July 2006 fol-
lowing intestinal surgery.
Since then, Cuba has seen no
major political or economic
The commission, whose
reports are regularly used by
international groups such as
Human Rights Watch and
Amnesty International, said
246 political prisoners were
being held as of June 30,
compared with 283 at the
beginning of 2007 and 316 a
year ago.
The commission operates
independently of the govern-
ment and without its approval,
but has been largely tolerated.
Even during a government
crackdown on the opposition
in March 2003, the commis-
sion continued to operate,
providing information to
international news media and
human rights groups about
the arrests and trials.
Its list of those remaining
behind bars includes 13 peo-
ple who have been released
on medical parole, including
well-known government crit-
ic Martha Beatriz Roque and
economics writer Oscar
Espinosa Chepe. The com-
mission says it continues to
list them because they could
be returned to prison at any
time for parole violations.

Waterloo to host Bahamas'

contribution to Live Earth

BAHAMIANS will join the
billions who are organising
more than 6,000 parties in 119
countries ranging from home
viewings to museum festivals -
as a part of Live Earth.
The world wide concert will
bring together more than 2 bil-
lion people on Saturday, July 7
in an effort to combat the cli-
mate crisis.
Bahamians supporting,.the
effort are being encouraged to *
gather at Club Waterloo start-
ing at 10.30pm.
Live Earth will stage concerts
in New York, London, Sydney,
Tokyo, Shanghai, Rio de
Janeiro, Johannesburg, Ham-
burg and will feature a mix of
both legendary music acts like
The Police, Genesis, Bon Jovi
and Madonna with the latest
headliners like Kanye West,
Kelly Clarkson, Black Eyed
Peas and Jack Johnson.
Live Earth's 24 hours of
music across seven continents
will deliver a worldwide call to
action and solutions to answer
that call.
Live Earth marks the begin-
ning of a multi-year campaign
to drive individuals, corpora-
tions and governments to take
action to address climate

* AL Gore, who chairs the Alliance for Climate Protection

Live Earth is partnering with
the Alliance for Climate Pro-
tection, The Climate Group,
Stop Climate Chaos and other
international organizations in
this effort.
Saturday's Live Earth con-
certs, which will take place at
eight stadiums on seven conti-
nents, will benefit the Alliance
for Climate Protection, a non-
profit organisation chaired by

Al Gore. Tickets for the U S
concert range from $83 to $348.
Live Earth founder Kevin
Wall originally inspired to put
on the concert after seeing "An
Inconvenient Truth," the Acad-
emy Award-winning documen-
tary on Mr Gore's global warm-
ing slideshow.
This time around, Mr Gore
says they are making a particu-
lar effort to sustain any momen-
tum gained by Live Earth.

Coast Guard allow alleged drug

dealer to slip through their grasp

Tribune Staff Reporter
AN alleged known drug deal-
er from Grand Bahama was
picked up and released by US
officials in waters off of Miami
after they failed to recognize
the alias used by the man for
According to well placed
local police sources, the alleged
dealer has been sought after by
police "for some time" for ques-
tioning on a list of matters
including drug trafficking,
7 . : I 11 I i , -r.,

weapons possession, and even
Reportedly, the alleged deal-
er along with two companions
was onboard a go-fast boat
heading for Miami which was
intercepted by U S border offi-
cials. A quick search of the ves-
sel revealed that there were no
drugs onboard.
However, it was noted that
each of the three persons
onboard the craft had just under
$10,000 on them.
TJbe q S se.tai.typfiiaip
released ,&he persirsrS :and
I '- rlti

informed Bahamian officials of
the search of the craft.
It was at this.time that the
identity of the alleged dealer
was discovered when the alias
he provided was run through
the Bahamian police's database.
Calls to the Miami Drug
Enforcement Agency (DEA)
were forwarded to officials in
Immigration and Customs
Enforcement's Miami office.
These calls, along with calls to
Bahamian Commissioner of
Police,Paul Farqbarson, were
not.returned,up,to press, time..

"We've listened to the advice
of Bob Geldof and others who
have been such great pioneers,
and we've taken their advice in
designing this event as not the
end in itself, but the beginning
of a three to five year cam-
paign," he said.


At a news conference last
week, Mr Gore and Kevin Wall
mapped out some of their goals
for Live Earth. They unveiled a
"Seven Point Pledge" that con-
cert-goers will be asked to sign.
Those who sign it promise to
pressure their country to sign
treaties to cut global warming
pollution, personally reduce car-
bon dioxide pollution, and plant
trees, among other things.
Part of the thrust of Live
Earth is to communicate what
consumers can do to minimise
their impact on the environ-
"The problem with it, is that
it's a very complicated issue,"
said Wall. "When you think
about yourself recycling a piece
of paper, how does that connect
to an iceberg in the North

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Mr Wall and Al Gore have
also taken measures to main-
tain the concert's "green integri-
ty" by enlisting the support of
the US Green Building Council
and John Picard, a former mem-
ber of President Clinton's
Green White House task force.
Live Earth is intended to be
an eco-friendly event with pow-
er supplied from renewable
energy sources and ground trav-
el from hybrid or high-efficien-
cy vehicles where possible.
"This is going to be the green-
est event of its kind, ever," said
Mr Gore. "The carbon offsets
and the innovative practices
that are being used to make this
a green event, I think will set
the standard for years to come."




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* gin Ii *7g g

* OLD and new current deputy prime minister Brent
Symonette is pictured with Frank Watson, former deputy leader
and now chairman of the Airport Authority

* By Bahamas
Information Services
The Cabinet Office
announced today the appoint-
ment of 25 men and women to
chair public sector boards.
These include former deputy
prime minister Frank Watson,
who will head the Airport
The other chairmen are:
Public Utilities Commis-
sion, Mr Anthony Charles Rolle
Antiquities, Monuments
and Museums, Dr Davidson
Bahamas Agricultural and
Industrial Corporation (BAIC)
Edison Key, MP
Bahamas Development
Bank, Darron Cash
Bahamas Electricity Cor-
poration, Frederick Gottlieb
Bahamasair Holdings Lim-
ited, Barry Farrington
Bahamas National Com-
mission for UNESCO, There-
sa Moxey-lngraham
Bahamas Telecommunica-
tions Company, Julian Francis.
Bahamas Trade Commis-
sion, John Delaney
Bridge Authority, Timothy
Broadcasting Corporation
of the Bahamas. Barry Malcolm
Clifton Heritage Authori-
ty, Senator Di Jacinta Higgs
College of the Bahamas, T
Baswell Donaldson
Education Loan Authority,
Lowell J Mortimer
Licensing Authority (New
Providence). Dr Elizabeth
Maritime Authority, Mac-
..t4r'gorgrl perts l ,- ,., -
,, Moggage CqTpQratiqn,..
Antoine Saunders
Na [al InS r InsFii'CB6ffd;,
Patrick Ward
Port Authority (New Prov-


until 2003.
Chartered Accountant Philip
Stubbs, the new Securities Com-
, mission chairman, retired on
June 30 as country managing
partner for Ernst & Young
He is a member of the Cana-
dian Institute of Chartered
Accountants and a member of
the Bahamas Institute of Char-
tered Accountants.
Darron Cash is the Chief
Financial Officer of Doctors
Hospital Health System, a posi-
tion he has held since 2001.
His professional concentra-
tion was in domestic and inter-
national banking, insurance and
healthcare. He is a Certified
Public Accountant, licensed in
New York State and by the
Bahamas Institute of Chartered
Dr Darville, a general sur-
geon, is the founder of Fourth
Terrace Diagnostic Centre.
She is an associate professor
of the University of the West
Indies Medical School and is
involved in the teaching of the
University of the West Indies
Medical students who are com-
pleting their clinical years at
Princess Margaret Hospital.
Theresa Moxey-Ingraham,
chairman of the Bahamas
National Commission for
UNESCO, was a minister of
health in the last FNM govern-
Mrs Ingraham, a former
Member of Parliament for
Golden Gates, was a teacher of
English grammar, literature and
drama with the Ministry of Edu-
cation from 1971 to 1981. She
also served as a part-time lec-
turer at the Bahamas Hotel
Training College, and was food
and beverage sales manager and
training manager with Resorts
International (Bahamas) Lim-
Patrick Ward is an insurance
executive. He is a past chair-
man of the Bahamas General
Insurance Association, having
also served in the capacity of
deputy chairman.
He is currently group presi-
dent and CEO of Bahamas First
Holdings Limited and its prin-
cipal subsidiary Bahamas First
General Insurance Company
Veta Brown represented the
Pan American Health Organi-
sation and the government of
the Bahamas at many regional
and international meetings, con-
ferences and served on several
working committees.
Mrs Brown is a trained
orthopaedic nurse and holds
membership in the Chartered
Society of Physiotheraphy.
In June 1999, she won the
Pan American Health Organi-
sation/ World Health Organi-
sation "Manager of the Year."

idence), Raymond Rolle
S,Public Hospitals Authori-
ty, Veta Brown
Road Traffic Authority,
Kendal Wright, MP
Town Planning Committee,
Lloyd Turnquest
Water and Sewerage Cor-
poration, Michael Barnett
Securities Commission,
Philip Stubb
The Cabinet Office also
advised that the chairmen of the.
Hotel Corporation of the
Bahamas, the Housing Comn-
mission and Nassau Flight Ser-
vices will be announced shortly.
All-new appointments will be
in effect from July 2007. The
names of other board members.
will be announced at a later
The tenure of the public sec-
tor boards appointed by the
previous administration ended
June, 30.
The Cabinet Office also
announced that following con-
sultation with the leader of the
opposition, the chairmanship of
the Public Service Commission
and the Teaching Service Com-
mission will also be announced.
Frank Watson, who served as
Deputy Prime Minister, Minis-
ter of National Security and
Minister of Tourism in the for-
mer Free National Movement
Government, is a native of Gor-
don's, Long Island.
Before entering frontline pol-
itics, he worked with Her
Majesty's Customs Department,
having moved up the rank to
Deputy Controller of Customs,
a position her held for eight
Mr Watson contested the
Carmichael seat in parliament
for the FNM in the 1977 gener-
al election and was defeated. In
1982, he again ran on the
FNM's ticket in Carmichael and
won. He was re-elected in the
constituency in 1987.
When the Adelaide con-
stituency was created in 1992,
Mr Watson contested the seat
and won. After losing the seat
in the 2002 general election, Mr
Watson retired from frontline
A founding member and past
president of the Long Islanders
Association, he is past com-
modore of the Bahamas Sailing
Association and a past director
of Kiwanis Club of Over-the-
Hill in Nassau.
A former insurance execu-
tive, Anthony Rolle served as a
MP for 10 years, as the repre-
sentative for the Carmichael
Between 1995 and 2000, he
was appointed minister of state
in the Cabinet.
In 2000, he was made Ambas-
sador Plenipotentiary and per-
manent representative to the
United Nations, a post he held

-'. *



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Bishop says Urban Renewal failed

URBAN Renewal has failed,
according to Bishop Simeon
Hall of New Covenant Baptist
Although he considers the
project a noble concept, Bishop
Hall admitted that when Urban
Renewal was first implement-
ed, he was skeptical and unsure
if it would turn out as intended.
Unfortunately, he said, the
project became tainted by poli-
tics and ended up as a failure.
According to Bishop Hall,
certain employees of the pro-
ject decided to work with some
churches in their area, but
ignored others for political rea-
He also said that the stake-
holders in Urban Renewal were
not well enough informed about
the nature of the project.
The Urban Renewal Project
was established by former-

FORMER Christian Council
President Bishop Simeon Hall
has called for "swift justice" for
those on remand and adjust-
ments to the country's Bail Act.
According to section 3(1)(b)
of the Bail Act, 1994, bail can be
granted to persons "who, having
been committed to stand trial
or having had a bill of indict-
ment referred against him, has
not been arraigned before the
Supreme Court in accordance
with section 148 of the Criminal
Procedure Code Act within six
months after the date upon
which that person was commit-
ted to stand trial or from which
the bill of indictment was pre-
Contrary to this law, there
are cases of persons who are
remanded for extended periods

Prime Minister Perry Christie
in 2002. Starting off as the Farm
Road Project, which was creat-

without bail, Bishop Hall noted.
He spoke of a case last year in
which a young man was put on
remand for allegations includ-
ing breaking and entering.
According to Bishop Hall, the
man was actually remanded
without trial for a longer period
of time than he would have
spent in jail if he had been sen-
Prison officials have admit-
ted that in the past, some per-
sons have been held on remand
for up to four years without tri-
al. Last year, a Japanese man
won a case against the govern-
ment after being held in Her
Majesty's prison for eight years
without even being charged.
Bishop Hall suggested a num-
ber of ways to deal with the
issue of excessive remand times,
including looking at the foun-
dations of the country's justice

ed to improve the living condi-
tions in that area, it eventually
extended to other locations.

system and revisiting the Bail
As the act stands, it is possi-
ble for someone charged with
murder to be released on bail.
Bishop Hall considers this a
problem as persons out on
bail are repeatedly being
accused committing new crimes.
Bishop Hall also urged par-
ents to keep a close eye on what
is going on in their home and to
take responsibility for the
actions of their children..
His final suggestion was for
the courts to practice "swift jus-
tice". This practice should help
shorten the time persons are
Although timely court cases
are important, Bishop Hall
emphasised that the outcome
"must be justice".
He also called for stiffer
penalties for certain crimes, stat-

The goal of this programme
was to transform communities
by dealing with policing, social,
housing, health, and environ-
mental health issues.


A number of initiatives were
created, such as summer camps,
boys and girls clubs, and after
school and senior citizens pro-
The project also aimed to
clean up the streets, demolish
derelict buildings, renovate
homes, and reduce crime
through increased police pres-
While the project was laud-
ed as successful in the first few
years, criticisms began to
emerge toward the end of the
PLP's term in office.
Some said the project was
only cleaning up the visible

ing that Bahamians need to
"stop talking and start acting".
The Bishop pointed out that
he has served on two commit-
tees that dealt with crime and
punishment. One addressed the
need for legal aid and one
examined the cases of persons
who had been repeatedly
Research and paperwork was
completed, but nothing ever
came of either committee, he
According to Bishop Hall,
this is the case the majority of
the time. Committees and com-
missions "die" without creating
any constructive solutions.
"We are fiddling while Rome
is burning", the Bishop stated.
It is essential that the gov-
ernment start actually doing
something about these matters,
he said.

mess but not tackling the under-
lying issues. It was also claimed
that the PLP used the centres
and their employees as cam-
paign tools as the election
Others complained that the
project was taking police offi-
cers off the streets, where they
were needed to fight crime.
Under the new FNM admin-
istration, adjustments were to
the programme, the most
important aspect of which was

MONDAY, July 9,2007

TUESDAY, July 10,2007

removal of police officers from
Urban Renewal centre.
However, this move has
already met with criticism, after
a young man under attack from
a lone gunman ran to an Urban
Renewal centre looking for
police help, only to find the
building abandoned.
The FNM has since
announced that some officers
will be stationed in Urban
Renewal centres, but not as
many as before.


9:30 a.m. 3:00 p.m.



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smartc-A... EMAIL: friendlymotors@hotmail.com WEBSITE: friendlymotorsbahamas.com




Membership Club Manager

Job Description:

Oversee daily operations including opening and closing hours.
catering, menu planning and membership activities

Manage dining room and bar

Manage employee scheduling and payroll, staff raining
inclusive of perfonnance appraisals and all aspects of Human
Resources administration

Supervise the maintenance oftlih Club's equipment. facilities, and
grounds including costing, prioritizing and recommending
capital expenditure for improvements

Maintain and improve internal and outsourced security

Maintain and analyse financial reports

Manage and maiaintin the profitability of the Club, inclusive of
labour and food costs

[Qualifications and Experience:

A knowledge of Microsoft Office and Quickbooks is
expected together with the ability to Implement and
Maintain a Quickbooks POS system

The successful candidate should have excellent
"people" skills, extensive food and beverage and
food cost control experience with at least 5 years
management experience in a similar position within
the hospitality industry.

Salary and Bonus will be commensurate with experience.

Applicants should apply via email to: manager4clubg~ niall.com
with covering letter and resume before the 13th July 2007

Hall calls for speedy justice

in dealing with those on bail






FRIDAY, JULY 6, 2007, PAGE 7


Bahamas chefs steal the spotlight

during Caribbean week in New York

ISHIFTING the spotlight
from their Caribbean counter-
parts lt the sunny isles of the
Bahamas. Atlantis' Chefs
Wayne Moncur and Jasmine
Clarke-Young helped tame the
ravenous appetites of hundreds
of participants attending the
Caribbean Week festivities in

Ne\v York.
Mr Moncur, the country'
Chef of the Year and Ministry
of Tourism's Cacique Award
winner 2006, and Chef Young, a
pasl Chef of the Year and win-
ner of the Ministry of Touris-
m's Cacique Award 2004, gave
the food lovers a taste of the

flavours they can anticipate if
they travel to the Bahamas.
The Bahamas was among 32
Caribbean countries featured
at the week-long celebration
organised by the Caribbean
Tourism Organisation, in con-
junction with the Caiibbean
Hotel Association.


CIE f\'le lniuil Room
A il (. r'flill".'w r


S 12,000 BT


S14,000 BTL

Sales & Full Service Department
Rosetta & Montgomery Streets


You1'lwn ro eegtlgi thoutit.

The two accomplished young
chefs were given an opportuni-
ty to represent the Bahamas at
the invitation of the Bahamas'
Ministry of Tourism. 4
Mr Moncur and Ms Young
were among several Caribbean
chefs featured by the Caribbean
Tourism Organisation. Antonio
Williams, sous chef at Bimini
Road in Atlantis, assisted Chefs
Moncur and Young with food
All of the participating chefs
at the event had an opportuni-
ty to prepare signature spe-
cialty dishes for in-store cook-
ing demonstrations at William-
Sonoma, Bloomingdale's,
Macy's, a United Nations del-
egates luncheon, New York
city restaurants, and the annu- E CHEF Jasmine Clarke Young of Atlantis is pictured at
al Media Marketplace Recep- Caribbean Week in New York preparing a meal
Mr Moncur's signature dish
included a main course entree and drunken pineapple syrup. "I have heard about
featuring guava barbecue short "We did not want to loose Caribbean Week for several
ribs and spicy lobster using the authentic flavors of the years now, and I was truly excit-
native herbs and spices includ- Bahamas so we went with gua- ed to have been one of the two
ing fresh ginger. va, and incorporated lobster chefs to be selected by the Min-
For the dessert, Ms Young and peas n' rice which was all istry of Tourism to represent,
put her creative talents to the nicely presented and well the Bahamas and Atlantis," said
test as she prepared her signa- received by food lovers attend- Ms Young, the first female chef
ture dish a pina colada French ing the event," said Mr Mon- to represent the Bahamas duri
toast with sapodilla ice cream cur. ing the event.

Urban Renewal children enjoy Ardastra':

ARDASTRA Gardens hosted
the children from the St Cecilia
branch of the Urban Renewal pro-
ject to a fabulous flamingo shoN4
on Wednesday, July 4. In additiorr
to witnessing the wonders of thl
world famous marching flamingos
the children were able to explore
the five and a half acres of lush
tropical gardens and see more thari
A6 300 birds, mammals and reptiles
who call Ardastra home. Ardastr.
hosts around 60,000 guests annul
ally, 10,000 of which are local
school children. Pictured (far right).
with the children of the St Cecilia
Urban Renewal summer camp il
Richard Roswell, director of Ardas
,.a =.tra Gardens Zoo and Conservatioi.

r .- ** -( ..*:\: K I N'W* ;.it ...i.

AWM e1V0


1"t Place Winners "King Fish" were the recipients of a
Sea Doo GTI SE Personal Watercraft, donated by

rlciureu iLe[ io igU rumL ryirom a &am Evans
Marlin Marine, Glean Haab Bombardier
Recreational Products and the Winning Team Paul King,
Adam Dann, Chris Lloyd, Kristian Kwiecinski and Richard King.


Abaco Beach Resort & Boat Harbour
Allied Caribbean Ltd.
Anthony's Caribbean Grill
Audio Concepts
Bahamas Bus & Truck
Bahamas Ferries
Bahamas Food Services
Boone Bait Co.
Bombardier Recreational Products
Bristol Wines & Spirits
Brown's Boat Basin
Callenders & Co.
Caribbean Beverage Ltd.
Comfort Suites- Paradise Island
Crown Jewelers
Damianos Realty Ltd. In Memory of

Data Systems Int'.
Deloitte & Touche
Disston Realty
Robert Dunkley
Elgin Marble Ltd.
Esso on The Run Bay & Fowler
Florida Air Cargo
Graham Realty Ltd.
Graham. Thompson & Co.
Harbourside Marine Ltd.
Kentucky Fried Chicken
King & Co.
Lightbourne Marine Ltd.
Magic Photo
Master Technicians Ltd.
Montagu Gardens Restaurant

Nautilus Water
Phoenix Aviation / Million Air
Parity Bakery / Bacardi Rum Cakes
Prime Bahamas Ltd.
Rocky Farms Nursery
Royal Bank of Canada Commercial
Banking Centre
Saty Dog Rod & Reel Repair
Sandals Royal Bahamian
San Tee Mfg. Co. Ltd.
Super Club Breezes
Super Value Food Stores
Thompson Trading Co. Ltd.
Thriller Power Boat Tours Ltd.
Mr. & Mrs. Donald Tomlinson
Tropical Shipping


8,000 BTU
1 0.000 B TU

Ift^t r-~;lz ~et e lit


Pa ci Srt & ar-,l

lai Set & Gooer!fl


Three other lucky winners will
receive a BBQ Gas Grill and
Cooler. Attach 4 labels from the
products shown to an entry form,
answer the question and place in
entry boxes at participating
stores or The d'Albenas
Agency Ltd, Palmdale.

Contest ends July 31, 2007. .a'rn

These products are F-L III"'
registered trademarks of O '"

*S The d'Albenas Agency Ltd
Photos of the winners will be published.
Pictures of prize for illustrative purposes only.
Employees of The d'Albenas Agency, IVedia Enterprises, their agents and immediate families are not eligible.
Photo ID required to collect prizes.

HAULt 8, I-HIDAY, JULY 6, 2007







One Family

set for


Annual camp

* THE One Family Junkanoo
nd Community. Organisation
ill host its 10th annual
junkanoo summer camp this
*:The camp, known as "Rush
to Learn" will be held at St
Agnes School Hall on Market
and Cockburi Streets from July
t to 20, 9am to 12pm daily. The
fee camp will cater to children
ages five to 12.
According to organizers, this
year's camp will accommodate
80 children, with the pro-
gramme focusing on character
building through the lessons
learnt from junkanoo.
- Participants will observe in
daily devotions, and be taught

the fundamentals of cowbell
ringing, drumming, dance, cos-
tume construction and pasting.
Additionally, Chevron
Bahamas Limited will sponsor a
segment on road safety. This
component, which was intro-
duced last year, is designed to
educate the young about the
rules of the road.
The nine-day camp will end
on Friday July 20 with a special
closing ceremony.
"One Family expresses its
heartfelt thanks to all corporate
sponsors who continue to sup-

port this community effort,
especially St Agnes Anglican
The church has partnered
with One Family for the past
10 years. Other partners include
Chevron Texaco Bahamas Ltd,
Purity Bakery and the Conve-
nience Store," said the
junkanoo group in a state-
The first camp was held in
1998 in honour of the nation's
silver anniversary of Indepen-
dence. Over the past ten years,
the camp has become a fixture
in the Grants Town community,
providing a meaningful educa-
tional and cultural experience
for young people.

* CAMPERS perform during the 2006 Junkanoo Summer Camp Closing Ceremony

o -- C i- c








I-~--~~"~^--------------- ----- -----------~----~-----------~ ------~--~--~~.... ...~-. ....~....._.._._ ......_____


FRIDAY, JULY 6, 2007, PAGE 9




Pricebusters 'has removed

all recalled toothpaste'

FROM page one

Internet that counterfeit 100ml toothpaste labelled 'Colgate
Herbal manufactured in South Africa' were being recalled by the
FDA and we immediately pulled this toothpaste from our
shelves and notified our suppliers. We did this with no provo-
cation by the Ministry of Agriculture or any other local agency,"
Mr Walkine said.
"Just yesterday, July 4, 2007, we were informed by rep-
resentatives from the ministry of agriculture and the min-
istry of consumer affairs that additional Colgate 100ml
and 5oz products labelled 'Colgate Gel' and 'Colgate
Triple Action' manufactured in South Africa were being
recalled as well.
"Upon being notified, we again immediately pulled
these products from our shelves and made contact with
local government agencies to inform them of our total
compliance," he added.
Mr Walkine also raised questions regarding the min-
istry identifying Pricebusters in light of his company's vol-
untary efforts and compliance.
"Considering all of this, we find it extremely curious
that the Minister of Agriculture, during his recent press
conference, would single out our company, especially
since we were just notified about these additional prod-
ucts (on Wednesday) and we pulled them from the shelves
immediately upon being notified. Like hundreds of other
stores around the world who pulled these items from their
shelves, we would never jeopardise our reputation or take
advantage of the goodwill we have built up with our cus-
tomers by intentionally selling products that were
recalled," he said.
Mr Walkine told The Tribune that all of the removed
toothpaste will be destroyed, and that consumers who pur-
chased the product do not have to show receipts in order
to receive a refund.
"Just bring the product," he said.
The Pricebusters president also told The Tribune that
his company will be reimbursed by its suppliers for the
counterfeit product purchased.

Bethel Brothers Morticians
Telephone: 322-4433, 326-7030
Nassau Street, P.O.Box N-1026


FROM page one

was the brainchild of former
prime minister Perry G.
Christie," Mr Russell said.
"The first proposals for urban
renewal were put forth by the
Rt. Hon. Hubert Ingraham in
"In January of 2000, Prime
Minister Ingraham proposed
to cabinet that some $10 mil-
lion in bonds be issued at 2 per
cent below the prime rate,
which would be dedicated
exclusively to urban renewal
in the inner city of New Provi-
dence," he said.
Mr Russell says that at that
time Mr Ingraham proposed a
committee that would make

recommendation for urban
renewal in over-the-hill com-
"That time, it was suggest-
ed that programmes for the
redevelopment of entire
streets, on a street by street
basis in those areas, be formu-
lated," Mr Russell continued.
"There is nothing new about
the services under the urban
renewal programme," said Mr
Russell. "The first PLP gov-
ernment provided social ser-
vices, the FNM government
also provided social services,
and the last PLP government
provided similar services under
the name introduced by Prime
Minister Ingraham in 2000,"
he said.
Mr Russell saved most of his

praise for the programme's
success, to police officers who
participated in the scheme.
"I wish to publicly commend
the Royal Bahamas Police
Force for its achievements in
reducing crime in 16 inner city
heritage communities in New
Providence, Grand Bahama
and Abaco, and in particular,
for bringing a sense of peace
and security into these dis-
tricts," he said.
Mr Russell acknowledged
the international awards the
programme has received dur-
ing the PLP administration,
but "like all dynamic systems"
he said, "urban renewal has
several phases and it is time
now to move on to another

The timing of the claim by
the FNM will be controversial
as Mr Christie has taken cred-
it for this programme from the
beginning of his term in office,
five years ago.
Additionally, the opposition
leader has long held the urban
renewal programme as the
shining hallmark of his term in
office, and has regularly
referred to the scheme as a
bold "intervention" into the
lives of the disadvantaged.
For the FNM to now claim
that they began urban renewal
could be regarded by some as
an attempt to erase the legacy
of the former prime minister.
The Tribune was unable to
reach Mr Christie for his com-

FNM: Urban Renewal 'is not dead'

FROM page one

Whereas, under the previous PLP ver-
sion of the scheme larger groups of offi-
cers up to 20 were assigned to the cen-
tres specifically under the supervision of
senior officers with ranks as senior as Super-
Mr Russell was critical of the former sys-
tem which he suggested did not use the
skills of these officers effectively.
"We don't need superintendents to go
out and be gathering intelligence. We don't
need them to be sitting in the centres talk-
ing to people who have concerns police
concerns. We need to use their expertise

in the field twenty-four hours a day, so that
we can truly reduce the crime level
in our country and the fear of crime,": he
"We believe that the police role is a little
different from what happened in urban
renewal. While we need the police to be a
part of urban renewal, the police are not
equipped and trained to go out there and
deal with, house repairs and deal with deliv-
ering goods and services to people," Mr
Russell said.
Mr Rolle said that managers selected
from the mid-levels of the public service
will be placed in each of the nine centres in
New Providence and six in Grand Bahama.
While, assistant managers will be selected

FROM page one Christie confident

"I have every confidence
that PLPs will always do the
right thing. And that insofar
as Cynthia 'Mother' Pratt as
my deputy leader', the party is
united moving forward under
my leadership, and we expect
whenever there is a general
election to be returned to
office," he said.
"I have had 30 consecutive
years elected politics, and I
have been around and I am
now regarded as a father of
the House of Assembly.
"Th'ese things happen in
politics where you expect to
win, and believe that you have
done enough to win . but
you lose. Politics is all about
being genuine in your com-
mitment to serving people,"
he said.
Mr Christie said that the
PLP accepts that it is the
opposition party.
"We do not buy into the
notion that we have not come
to accept that a new govern-
ment is in power. The consti-
tutional reality is that there is

a new government; there is a
new prime minister.
"I am constitutionally the
leader of the opposition, but
the reality is that this country
is divided right down the mid-
"I represent approximately
one half, give or take a couple
thousands people. And, today
that couple thousands of peo-
ple could be in my favour
the PLP's favour.
"The point is not to say it
isi;lB point is to enforce
th 't'a-t we here
spai vWithi. ense of
legitimacy constitutional and
political legitimacy as a very
strong, vibrant democratic
participant in the Common-
wealth of the Bahamas.
"There is absolutely no
doubt that it is our intention to
be ready, to be strong, and to
be able to say to the Bahami-
an people, as I began that we
were genuine in everything we
said about our record, which
will prove to be true no matter
who is in power," he said.

FROM page one

from the various communities to assist with
The constituency names will be removed
from the centres, Mr Rolle added, in an
effort to "depoliticise" the programme.
The role of social services under Mrs But-
ler-Turner will be to liaise with centre man-
agers to have a coordinated approach to
the various concerns and issues residents
have in a given community, and to respond
with the appropriate resources to resolve
these problems.
Camille Johnson, permanent secretary
in the ministry of housing and national
insurance, emphasized that "services that
were provided will continue to be provided,
regardless of the name" of the programme.


where they are expected to
arrive on Friday. machines
The first four machines are
already in Nassau. So far 100 per cent credibility by hav-
$164,000 of the funds raised ing half of eight machines
have been spent, already in The Bahamas at
Mark Roberts of the Tile Princess Margaret Hospital and
King and FYP Ltd, whose idea already operating. They agreed,
it was to launch the drive to and we were able to procure
raise funds to purchase the the machines with their loan,
much needed machines, which was paid back this Tues-
thanked Mr and Mrs Peter day, July 2, in less than 40 days,
Austin, the owners.of Little thanks to the overwhelming
Whale Cay, for their initial support given by the general
brid 1 .iqh .pbf q corporate citizens."
laun ~ eoberts said the Austins.
Cam fTilow the progresbof
100 JA an s patner sta- ffiecmpaign.'were very happy
tions were partners in thecam- with'the.outcome. As a result,
paign. they are likely to embrace
The Austins have previously future community efforts that
made donations to medical they feel are honestly
funds, charitable organizations conceived, selflessly adminis-
and youth programmes through tered and have the ability to
Mr Roberts, in many cases not succeed."
knowing where the money was "Their behind-the-scenes
being donated, just endorsing participation," said Mr Roberts,
an annual budget for goodwill "really kicked the campaign off
and neighbourly participation, so that success was imminent.
"When I approached the It also shows the power of net-
Austins to seek their assistance working to achieve goals."
with the bridge loan to facili- The organizers of the cam-
tate the initial purchase of the paign met with the Health Min-
four dialysis machines, they ister Dr Hubert Minnis on
embraced the opportunity to Wednesday.
help out," said Mr Roberts. "I He congratulated them on
explained the situation that the their successful drive to assist
campaign would benefit the Princess Margaret Hospital
tremendously by establishing Foundation.

Cebar Cre C it funeral yome
Robinson Road and First Street P.O.Box N-603 Nassau, N.P., Bahamas
Telephone: 1-242-325-5168/328-1944/393-1352


a resident of Sea Breeze Lane, will
be held lpm on Sunday, 8th July,
2007 at Grants Town Seventh-day
Adventist Church, Wellington Streete
Officiating will be Pastor H. A..
Roach and other ministers. Interment
will follow in Woodlawn Gardens, Soldier Road.

Cherished memories are held by brothers, William
and Nicholas Alexander; adopted sister, Dorothea
Rolle; godchildren, Jayden Darling and Therez-
Stubbs; adopted children, Danica Pintard, Teia"
Armbrister, Lavardo, Mario and Kenisha Smith;
uncles, Raymond King and Calvert Archer; aunts,
Lima Walker and Joyce Baptiste; cousins, Limer
Walker, Elene Bovel, Samuel Headley, Muriel
Walker, St. Elmo Ealker, Elaine Archer, Glyden
Headley, Selma Harvey, Joyce King and a host of
other relatives and friends, including Barbara
Rahming McCartney and family.

Relatives and friends may pay their last respects at
Cedar Crest Funeral Home, Robinson Road and
First Street, on Saturday from 12 noon to 6pm and
on Sunday at the church from 10am until service

FNM claims Ingraham

began Urban Renewal

of Ridgeland Park, East
and formerly of Lower
Bogue, Eleuthera will be
held on Saturday 11 :00
a.m. at Grant's Town
Wesley Methodist
Church, Baillou Hill
Road. Rev. Carla
Culmer assisted by
other ministers of the
Gospel will officiate.
Interment will be made
in Woodlawn Gardens,-

Soldier, Road.

Those who mourn his passing include three sisters, Eloise
Albury, Sharon Lyles and Helen Neilly. two brothers, Calvin
and Clinton Neilly, his adopted children, Santino Stubbs
Aletha and Aleshia Cooper. two aunts, Eloise Ward and
Coreen Moss, his godchildren,David Neilly, Sabrina Higgs,
Dia Neilly, Lynette Barry, Camille Cash, Dwight Lyles; god
sisters, Marinette Neilly and Carol Young, four sisters-in-
law, Diana, Mercelita and Avis Neilly. brother-in-law: Nolan
Lyles. numerous nieces including, Ruby Neilly, Evangeline
Saunders, Marilyn Rolle, Beverly Sobiech, Ruby Curtis,
Sabrina Roberts, Aletha Cooper, Jatonya Mitchell, Gloria
Sears, Shevette Edwards, Virginia Ferguson, Deneen Neilly
Johnson, Yelena Stuart, Cynthia Thompson, Helen Hall,
Florinda Lightbourne, Erma Albury, Aleshia Cooper,
Thugelyn Robin, Rowena Neilly, Janet Pratt, Lynette Barry,
Cheryl Neilly, Valeria Johnson Smith. numerous nephews,
Dwyane Woodside, Dwight Lyles, Dale and Rodville Neilly,
Maxwell and Kendal Albury, Kingsley and Gregory Cash,
Anthony, James Mitchell, Clinton Jr., Calvin Jr., Carlton,
Patrick Jr., Wensel, Kevin, Theodore, Philip, Keith, Terrel
and Lionel Neilly, James Cooper, Carlos Roberts. one
hundred grand nieces and nephews; including Marqueya
Edwards, Karen Rolle, Christine Cartwright, Dianna Stuart,
Lisa Albury, Lavette Lightbourne, Natalie and Sobiech,
Nakia Neilly, Cachia Neilly, Denise Sears, Lorriane Bowleg,
Shenek Taylor, Ingrid and Shavonne Hall, Deshante Lyles,
Lavanna Johnson, Jemia, Jade and Jonnique Pratt, Janet
Nicole Baptiste, Camille and Carla Cash, Sandra Cooper
Lyles Rayold and Devon Neilly, Santino Stubbs, Ashley
Lyles, Clinton III, Basil Sears, Markannis Neilly Johnson,
Steve and Mario Sobiech, Jonathan Pratt, Kevin Seymour,
Berkley Rolle, Dwayne and Denzil Woodside, Dereck, Gia
Neilly, Michael and Sheldon Hall, Neil Albury, Demjai
Edwards, Mark Mcphee, Georgina Moxey, Andra Cooper,
Kevin, Stephen, Frank, Calvin, Jermain and Philp Mackey.
Alan Cosgrove, Raylisha, Lakita and Felicia Neilly, Rayven,
Lanae, Aaliah, and Shoshanna Lyles, Dwaynett Woodside,
Joy Woodside, Shemica Lyles and numerous other relative
and friends including: Sigmund Stubbs, Caroline Thurston,
Edward Campbell, Betty Johnson, Rosemary Ward, Edison
Wilmott, Michelle Rolle, Dorothy Johnson, Virginia
Cartwright, George Moss, Cora Johnson, Doris, Malcolm,
Deneste, Andrea Culmer, Mollie Moss, Tamika Strachan,
Willamae Albury, Garnet and Catherine Thompson, Basil
Sears, Panmeta Rolle Hartley Neilly, Hester Rolle, Nathalie
Ferguson, Haralene Brown, Erica Rolle, Randolph Rolle,
Rose Blatch, Jackie Glaze, Crystal Sweeting, Joyce Alana,
Anqunetta Kelly, Nicagasa ,Stephan, Elcanah Debora,
Dorcas Higgs, Carlsino Brown, Theresa Mcintosh,
Predeneall and Wordick Borrows, Cybil Seymore and family,
Lillian Johnson and family, Theophilus Neilly and family,
Bishop Ivan Neilly and family, Wesley Methodist men
fellowship and prayer group, Glenroy Neilly and family,
Magarette Davis and family, Debbie Young and family,
Carol Young and family, Willie Moss and family, Ryan Sands
and family, Mollie Moss and family, Phyllis Bastian and
family, Mr. Earnest Miller and family, Rev. Carla Culmer
and family, Venicha Johnson and family, Willamae Albury
and family, Joyce Moxey and family, The Sweeting family,
George Moss and family, Ella Rolle and family, Eleanore
Neilly-Johnson and family, the community of Lower Bogue,
Ridgeland Park East and many other relatives and friends
too numerous to mention. May his soul rest in peace.
Friends may pay their last respects at Bethel Brothers
Morticians, #44 Nassau Street on Friday from 10:00 a.m.
to 6:00 p.m. and on Saturday at the church from 10:00
a.m. until service time.


Sunrise: December 11th, 1939
Sunset: July 8th, 2006

We, the family of the late Lloyd Carl Johnson Sr.
thank you our many relatives and friends for your
kind expressions of love during our time of
bereavement. We gratefully acknowledge with
sincere appreciation the prayers, cards, words of
encouragement visits, telephone calls, letters,
flowers and all other expressions of sympathy. We
request your continuous pyers as we move
forward. May God bless you all.

The Family

Special Thanks to: Bishop & Rev. Hilda Symonette,
mother Catherine Pratt, Rev. Dr. Hervis & Deconess
Beverly Bain, The Entire St. John's Native Baptist
Church Family, Bishop Delton Fernander & The New
Destiny Church Family, Mr. & Mrs. Roosevelt
Whymns, Mr. Harvey Tynes, Q.C., Mr. James R.
Spruger, Mr. Benjamin Young, Jr. Mrs. Jacquelyn
Murray, Mrs. Judith Theophilus, Ms. Esther
Mckinney, Mr. Cecil Hilton, Ms. Janet Johnson,
Evangelist Kim Saunders, Mrs. Stephanie Seymour,
Mrs. Charlene Stuart, Dr. K.R. Culmer, Management
& Staff of Bethel Brothers Morticians and to all other"
family and friends who may have assisted in any way,
we say a heartfelt Thank You.

Cherished memories are held by your loving wife
Erica; children, Lloyd "C.J." and LaVette, grand-
daughter; Alyss, brother; Maxwell, in-laws, nieces,
nephews, aunts uncles, numerous relatives and
-Gone but not forgotten-


PAGE 10, FRIDAY, JULY 6, 2007



- aBoat fire is tackled

near Arawak Cay
OFFICERS from the fire branch of the Royal Bahamas Police Force were called.to a boat fire
on the south side of Arawak Cay on Tuesday afternoon. No one was hurt but the boat was
(BIS Photos Patrick Hanna)

PC Derek Ricardo

Gittens is laid to rest

* PHOTOS from the full military funeral service for PC 1081
Derek Ricardo Gittens held on Wednesday morning at the Church
of God Convention Centre. Interment was at Lakeview Memori-
al Cemetery
(BIS Photos Patrick Hanna)

family guardian's
calendar photo winners
Congratulations to this year's winners In Family Guardian's
Annual Calendar Photo Contest...
The 14 winning photographs will appear In the company's
2008 calendar," A Celebration of Nature."
lian East (2) Nassau Roland Rose (2) Nassau
Tim Higgs Abaco Alisa Streather Freeport
Linda Huber .Nassau Mike Toogood Nassau
Craig Lenihan Nassau Tracy Toogood Nassau
Ron Lightbourn (2) Nassau- Nancy Young Nassau
Drexel Rahming Abaco
SFamily Guardian congratulates all participants In the annual
photo contest who together submitted 500 entries.
Photographers are Invited to collect their entries
at Family Guardian's Corporate Centre, East Bay Street.





-ju/, PAGE 11

Nt. Pride Day

.r : Independence celebrated at US Embassy

* SHOWS standing from left: Acting Minister of Foreign
Affairs Tommy Turnquest and his wife Shawn; Governor
General Arthur Hanna; U S Charge d'Affaires, Dr Brent Hardt
and wife Saskia Hardt; Archbishop Patrick Pinder and the
mistress of ceremonies, Lori-Ann Edwards.

* DR Conville Brown; Mrs Saskia Hardt; Dr Sinquee Brown
and the US Charge d'Affaires Dr Brent Hardt.

* THE presentation of colours by the U S Marine Corps, Nassau Detachment

Christie: FNM abandoned Urban

Renewal because of politics

FROM page one
impacted communities in Grand
Bahama and New Providence,
as well as creating meaningful
partnerships between the police,
residents and the church, in an
effort to uplift the poor and
combat crime.
Mr Christie said that the
FNM government did not
understand the value of the pro-
gramme, despite the fact that
international observers, the
police association, and the com-
missioner of police had all "cer-
tified" that the programme was
The programme was first
introduced in Farm Road the
area where Mr Christie grew up
and which he now serves as MP
- as a model to the rest of the
The programme was consid-
ered a huge success and was lat-
er introduced in communities
throughout New Providence
and Grand Bahama, where cen-
tres were opened in every con-
"We cannot allow any gov-
ernment to come in where
meaningful social programmes
have been introduced which are
intended to uplift people who

fall in the category of most dis-
advantaged people, for them to
be abandoned," said the former
prime minister.
"Any government coming in
ought to have had a term of ref-
erence; not abandoning it, not
suspending it, but watching it
and then say this is how we can
tweak it, this how we can
improve it but the idea is to
make it work."
Mr Christie stressed that
Urban Renewal was not intend-
ed to be political.
However, he suggested that
politics might have been the
reason behind the decision tak-
en by the FNM on urban
He explained that urban
renewal was intended to cause
the community to have confi-
dence in police officers, to be
able to share intelligence with
police officers and to be able
to give police officers a greater
opportunity to understand the
thinking of the community,
and therefore be able to
engage in a long term and
medium term approach to
stopping crime, and minimis-
ing the fear of crime in the
homes of people.
The government has been

criticised over the past few
Weeks for removing police offi-
cers from the urban renewal
centres, and reassigning them
to police stations.
The recent murder of a young
man at a closed urban renewal
office at Nassau Village has
sparked concerns among angry
residents there who are blaming
the government.
Mr Christie stated the urban
renewal centre at Nassau Vil-
lage remained open until 2am
or 3am to prevent crime.
"And what you see happen-
ing now is what ought to have
been avoided. And the decision
to place an urban renewal office
in Nassau Village came about
as a direct result of the social
community upheaval in Nassau
"And so suddenly, this young
man is killed in the precinct of
that office. The officers had
been pulled out and no one was
there, and the family concluded
that if it was open no one would
have been killed whether
that is right or wrong, or
whether you agree or not, peo-
ple think that way," he said.
He explained that while some
people can afford to purchase
the environment in which they

live, others cannot.
"It is those others that a car-
ing society and caring commu-
nity must take the time to put in
place the kind of programmes
that urban renewal provides,
and to measure the impact of
those programmes and to know
that the programmes are work-
ing," he said.
"We had invested years into
the urban renewal programme.
"Any government being
elected must have known of the
international acclaim by police
associations around the world
that Urban Renewal pro-
grammes attracted for the
"Any government would
have been put on notice of the
obligation to understand the
impact on the lives of people
and young children. It left us to
conclude that the FNM govein-
ment did not give themselves
an opportunity to understand
Since Mr Rolle's death, Assis-
tant Commissioner of Police
Marvin Dames announced that
the police will have officers at
the Urban Renewal centres, but
not in the numbers and ranks
that were initially stationed at
the centres.

strength in.nu mbers

It 7i.ii1 ;rafi F 1 111[Vt i I 1 tn ''f3t :i! T i.i7' ft

Patricia Hermanns, President & CEO of Family Guardian, has announced
the promotion of Cecile Greene to the position of Senior Vice President,
Finance & Operations.

In her expanded role, Mrs. Greene will have overall responsibility for the
Finance and Operations departments of Family Guardian, supervising
the fiscal management and financial reporting of the company as well
as all aspects of premium processing and policyowner administration

Mrs. Greene joined Family Guardian in 1996 as Vice President, Finance.
She holds a Bachelor of Commerce degree from Dalhousie University,
Halifax, Nova Scotia, and is'a Fellow of the Life Management Institute
of Atlanta, Georgia Mrs Greene is a certified public accountant and
a member of the Bahamas Institute of Chartered Accountants and
the Bahamas Association of Compliance Officers

Cecile B. Greene, CA, FLMI
Senior Vice President
finance & Operations



* THE Carmichael Primary School Choir performing the
Bahamas national anthem

NAVY Liaison
Officer Lt Cmdr
Delong Bonner
salutes during the
singing of the US
national anthem

General of the
Bahamas Arthur
Hanna giving
remarks at the 231st
U S Independence 4 "
celebrations at the
residence, Liberty

'PLP debate'

over Christie

FROM page one
think it is a little premature to
talk about who is going to be
(the next) leader at this point,"
Damien Gomez, a former PLP
senator told The Tribune on
Thursday. "We have a leader,
and he has not expressed any
desire to retire or to resign. I
am fairly confident that if he
offered at the next convention,
that he would have a distinct
advantage over those who
opposed him."
Reported successors for the
position of PLP leader are Obie
Wilchcombe and former health
minister Dr Bernard Nottage.
Mr Gomez said it was "unlike-
ly" that either would contest
Christie for his position. "At
this point it would be bad poli-
tics," he said. Any apparent
"civil war" over leadership with-
in the party could be political
ammunition for the FNM in the
next general election. Neither
Dr Nottage nor Mr Wilch-
combe have ever publicly
expressed a desire to replace
Mr Christie as leader of the
PLP in the next general elec-
In support of the Christie
administration, Mr Gomez told
The Tribune that even the cur-
rent government could not deny
the "unprecedented growth in
the economy" that occurred
during Mr Christie's adminis-
tration. Mr Gomez described
the last five years as "the most
prosperous five year period
since 1967" with a growth-rate
that is the "envy of the region."
This economic surge is a result
of the leadership of Mr Christie
and not a matter of coincidence,
Mr Gomez argued.
George A. Smith, former MP

for Exuma, told The Tribune
that he still believed that "as
leader of the PLP, Perry
Christie's best years are ahead
of b .. He is a first-class com-
mu:iucator who is considerate;
he's hesitant to write people
off or to give up on them." Mr
Smith believes this was a rea-
son why Mr Christie refrained
*from publicly "putting his foot
down" on members of his par-
ty who were involved in vari-
ous scandals. Mr Smith also
contends that many of Mr
Christie's detractors mistake
his "cautiousness" and "care-
ful planning" for indecisive-
ness, overlooking his broad
vision for the future of our
Bahama land.
During his five-year term in
office, his supporters will argue
that Mr Christie accomplished a
number of notable things.
Under his leadership he
"changed the police act and
provided for the first time in
the history of the Bahamas, sus-
tenance for the widows and
orphans of police officers." He
also created the award winning
Urban Renewal Programme.
"You can talk about the com-
plete abolition of stamp duty
for first time home buyers, that
was achieved in the first year
of Christie's term, a PLP sup-
porter added. Those who share
Mr Christie's vision contend
that many of the initiatives Mr
Christie set in place will benefit
the country in the long term,
and perhaps the Bahamian soci-
ety hungry for instant gratifica-
tion, is not able to appreciate
his contributions today.
"History may look at him a
little kinder than we have in the
(past) general election," Mr
Gomez said.

Decision may spell trouble

for Kozeny extradition

The US attempts to extradite
Viktor Kozeny may have hit a
setback yesterday after a fed-
eral judge dismissed bribery
charges against two US busi-
According to reports from
the Financial Times of London,
Judge Shira Scheindlin threw
out bribery charges against
David Pinkerton, the former
managing director of AIG
Global Investment Corporation,
and Frederic Bourke, owner of
luxury handbag brand Dooney
and Bourke, after ruling that
the statute of limitations on the
charges had expired.
According to the Financial
Times report the duo still faces
charges of making false state-
ments to authorities, and the

Justice department is expected
to appeal the decision.
The men were charged with
seeking to bribe officials of the
government of Azerbaijan from
1997 to 1999 as part of an
alleged scheme to buy the coun-
try's state oil company, Socar.
The alleged brain behind the
scheme was Czech financier
Viktor Kozeny, who was also
indicted on bribery. The judge
did not dismiss charges against
Mr Kozeny, but it's possible the
decision could complicate US
efforts to extradite him from
the Bahamas, The Financial
Times reported.
Mr Kozeny has been released
on bail here in the Bahamas
pending his extradition hearing.

Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Call us P
on 322-1986 and share
your story.

PAGE 12, FRIDAY, JULY 6, 2007


FRIDAY, JULY 6, 2007



rrrn rtrm


Licensees to seek 'millions'

in Customs duties refunds

* Chamber chief: Verdict gives Home Centre competitive advantage by bringing in all inventory as bonded

Rivals to seek legal advice, as end to pre-paid duties would provide huge business cash flow boost

Tribune Business Editor
rand Bahama
Port Authority
wholesale and
retail licensees
may seek pre-paid duty
refunds totalling "millions of
dollars" from the Customs
Department, the Grand
Bahama Chamber of Com-
merce's president warned yes-

terday, as a Supreme Court
ruling had given the Home
Centre a competitive advan-
tage by allowing it to bring in
its entire inventory bonded.
Christopher Lowe, who is
also a senior executive with
Kelly's Freeport, a rival to the
Home Centre, said it "would
be remiss" for other Freeport
wholesalers and retailers not
to take legal advice on the
issue and seek pre-paid duty
refunds from Customs in the

wake of the Home Centre rul-
If such refunds had to be
made by Customs, the impli-
cations for the Governifent's
per annum tax revenues would
be enormous, given that mil-
lions of dollars would be
involved. In the recent case,
Customs was seeking from the
Home Centre alone more than
$738,000 in upfront duties -
something it has been blocked
from enforcing.

Justice Isaacs, in backing the
arguments made by the Home
Centre, which is owned by
BISX-listed Freeport Con-
crete, issued an order that
compels "the Comptroller of
Customs to allow [the Home
Centre] to import into the Port
Area and display for sale [at
its new superstore] bonded
goods conditionally duty free
without the payment of cus-
toms duty thereon" under the
Hawksbill Creek Agreement.

Effectively, this allows the
Home Centre to bring all the
products it is stocking at its
West Atlantic Drive store into
Freeport duty-free, without
having to pre-pay duty on
goods before they are sold.
Yet Mr Lowe yesterday
pointed out that all other
GBPA licensees, such as his
store, Dolly Madison, Belle-
vue Business Centre and
Bahamas Copier, were having
to pre-pay customs duties on

the portion of imported inven-
tory classified as non-bonded.
This, he explained, placed
them at a competitive disad-
vantage to the Home Centre,
whose parent company's
largest shareholder is ousted
GBPA chairman Hannes
Babak, because having to pre-
pay duty tied down a large
amount of their cash flow

SEE page 7

BTC bidder 'under Royal Bank developing small business strategy

pressure' from

financial backers

Tribune Business Editor
THE bidder for a 49 per cent
stake in the Bahamas
Telecommunications Compa-
ny (BTC) was "getting some
pressure from their sharehold-
ers" over the protracted length
of talks to complete the pri-
vatisation, a former minister
told The Tribune yesterday, as
it sought to use a 'virtual
mobile network' to deal with
cellular liberalisation issues.
James Smith, who was min-
ister of state for finance under
the Christie administration,
said the two-years it took Blue-
water Communications Hold-
ings to reach a dealn in princi-
ple with the previous govern-
ment, plus the uncertainty over
whether the FNM would go
through with the sale, was
making it difficult for the bid-
der to arrange its financing.
Although Bluewater is still
at the table, waiting to see if

would deal
with cellular
issues through
'virtual mobile

Hubert Ingraham'a govern-
ment will resume negotiations
with it, Mr Smith said: "I do
know that just before they left
the last time, they were getting
pressure from their sharehold-
ers about the length of time it
was taking to close the deal,
and if they were not able to do
that, then move on and look

SEE page 8

Tribune Business Editor
ROYAL Bank of Canada yesterday told
The Tribune it was close to developing a
dedicated strategy for serving the Bahami-
an small business sector, and would reveal
this to the market "soon".
Ross McDonald, Royal Bank's head for
the Caribbean region, said when contact-
ed by this newspaper: "We know that
small businesses require some dedicated
attention, and are currently exploring the
best way to do that.
"We're now developing a strategy to
bring to market to serve that small busi-
ness community. We're right in the process
of trying to figure out what it looks like,
and will be coming to market soon. So
stay tuned."
Mr McDonald said he was due to discuss
Royal Bank's developing strategy for the
small business sector with Nathaniel Bene-
by, the bank's Bahamas country head, at a
meeting 6n Monday.
He added that Royal Bank currently
served its major commercial and corporate

clients through its of $250,000.
dedicated commer- The factors behind the sudden interest
cial banking centre ,, in the Bahamian small business sector
at the East Hill -."' from commercial banks is unclear. Small
Street head office, L, businesses are generally perceived as gen-
but small business rating 70-80 per cent of an economy's
customers were B growth, and from time to time there has
currently handled' been political pressure on the commer-
through the bank's cial banking sector to increase its financial
extensive branch support to this sector.
network. However, small businesses through their
Royal Bank is by very nature are perceived as having a high
no means the first M McDONALD.. level of risk attached, given their failure
Bahamas-based rate and the fact most start-ups fail within
commercial bank to focus specifically on their first two years.
the small business industry. Scotiabank Commercial banks, which tightly-man-
last April launched a $10 million invest- age their risk and usually seek physical
ment fund, targeted for lending to the assets, such as real estate, as collateral,
small and medium-sized business sector, have therefore been reluctant to get
with loans ranging between $100,000 to involved in small business lending.
$250,000 and applicants supplying at least In addition, larger corporate clients gen-
25 per cent in equity, erate greater margins and more business
That was followed two months later by for the banking sector, as they seek larger
Commonwealth Bank, which unveiled its loans, and make larger deposits and
own $10 million loan fund for small and greater investments. The economies of
medium-sized businesses. Again, loans scale from this sector are much greater
would be extended to a maximum ceiling than the small business sector.

The words you want to hear.

Consumer credit

in 32.7% decline

Tribune Business Editor
BAHAMIAN dollar con-
sumer and mortgage credit
growth dropped by 32.7 per
cent and 20.4 per cent respec-
tively during the first five
months of 2007. with a corre-
sponding recovery in bank liq-
uidity and the external reserves
following a two-year credit
binge, as the Central Bank of
the Bahamas sounded a more
cautious note on the econo-
my's prospects.
In its analysis of monthly
economic developments for
May, the Central Bank said
that while the Bahamian econ-
omy's outlook "remains posi-
tive" for the rest of 2007 due to
residential construction activi-
ties and an expected improve-
ment in tourism, it also sound-
ed a warning.
"The deceleration in growth
in the US tourist market, com-
bined with potentially higher
fuel prices, could pose some
challenges for the Bahamian
economy in the near term," the
Central Bank said.
Bahamian dollar consumer
and mortgage credit growth
fell to $51.9 million and $107.9
million during the first five
months of 2007, the overall

Central Bank
warns on oil
prices, United
States tourist

growth slowing to $169 million
compared to $237.1 million the
previous year.
Private sector credit, led by
mortgage and consumer loan
growth, slackened to $102.3
million compared to $155.1
In contrast, external reserves
grew by $238.9 million during
the first five months of 2007,
compared to $80.7 million a
year ago, due to steadied
tourism and investment
Excess liquid assets in the
commercial banking sector had
meanwhile grown by $242.5
million since the turn of the
year to stand at just under $252
On the fiscal side, for the
first 11 months of the Govern-

SEE page 6

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The first issue is your Back-
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integrate. If you want your tict
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advantage of doing this is that a c
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create a turnkey product for out
you, or outsource the imple- pel
mentation. Whatever you do, site
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The second issue is Content yo'
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intain the site and the con-
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Jpdate your site regularly.
tdated sites will put off visi-
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There are two options. The first
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part of your rollout, make sure
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life easier.
The seventh issue is to decide
the Type Of Launch. How you
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on you. You have two main
options. The first option is a
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and friends. The advantage is
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go fully live. The second option
is a Full Launch, where you go
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site to the world. By launching
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potential customers, you stand
the risk that it won't work and
potential users will be put off.
Unless there are very god rea-
sons for a full launch, I would
suggest you do a'soft launch
The eighth issue is Market-
ing. It's no good having the best
mousetrap in the world if
nobody knows about it. You
will need to market your web-
site to your audience. I will be
dealing with this topic in detail
in my next two columns.
The ninth issue is Regular
Evaluation. Once your website
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Implementing your website
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dends for your future business
NB: This column is available
as an eBook at:
Mark draws on 20 years of
top level business, marketing
and communications experience
in London and the Bahamas.
He is chief operating officer of
www.ezpzemail.com, currently
lives in Nassau, and can be con-
tacted at:
Mark Palmer. All rights


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DOW 30 13,5684 -11.46 V
S&P 500 1,52540 +053
NASDAQ 2,656.65 +11.70 A
10-YRNOTE 5.14 +0.10 A
CRUDE OIL 71.81 +0.40A




Associated Press
NEW YORK Stocks.
closed mixed in uneven post-
holiday trading Thursday as a
rebound in bond yields stifled
Wall Street's excitement about
new buyout activity and
strength in the service sector.
The Institute for Supply
Management's index of service
sector activity rose to 60.7 in
June from 59.7 in'May, indicat-
ing that non-manufacturing.
industries saw slightly faster
expansion. The figure was bet-
ter than expected, fueling senti-
ment that the economy is recov-
ering from a slow first quarter.
However, the data weighed
on bond prices, which were
already weak after payroll com-
pany Automatic Data Process-
ing and consultancy Macroeco-
nomic Advisers said the private
sector added 150,000 jobs last
month a good sign that the
Labor Department's-report on
June nonfarm payrolls Friday
.will show a solid rise. _. .
As bond prices fell, the 10-
year Treasury note's yield shot,
Sup. to 5.14 .percent Thursday
from 5.04 percent Tuesday,
ahead of the July 4th holiday.
On Monday, the 10-year yield
had slipped below the 5 percent .
level for the first time intce
early June. .
Also hurting the Dojone
industrial average was Geerl
Motors, one of the bluedchip -
index's 30 components. tM was
downgraded by a Bear Stearns
analyst after the automaker on
Tuesday posted a 213 percent
drop in June sales compared to
last year.
The Dow fell 11.46, or 0.08
percent, to 13,565.84.
Broader stock indicators
were narrowly mixed. The
Standard & Poor's 500 index
rose 0.53, or 0.03 percent, to
1,525.40, while the Nasdaq com-
posite index rose 11.70, or 0.44
percent, to 2,656.65.
The technology-laden
Nasdaq was lifted in part by
Apple, which rose $5.71, or 45
percent, to $132.88 after hitting
an all-time high on continued
enthusiasm over the iPhone.
BlackBerry maker Research In
Motion also buoyed the Nasdaq,
reaching a record high after say-
ing it got cleared to sell its
smartphones in China. Research
in Motion rose $834, or 4 per-
cent, to $216.28.
The dollar rose against most
major currencies on strong U.S.
economic data, and gold prices
Light, sweet crude futures
bounced back from earlier
losses, rising 40 cents to $71.81 a
barrel on the New York Mer-
cantile Exchange. Unrest in
Nigeria, a major U.S. oil sup-
plier, offset a report from the
Energy Department showing oil
and gasoline inventories
increased last week.
Declining issues outnum-
bered advancers by about 4 to 3
on the New York Stock
Exchange, where consolidated
volume came to 2.62 billion
shares, up froim.1S2 billion
shares in Tuesdays abbreviated
session. Trading volumes
remained relatively light with
many of the big players rut of
the office followingthe holiday.
The Russell 2000 Midex of
smaller companies ro 1.93, or
0.23 percent, to 850.13 .-
Overseas, Japan's Nikkei
stock average gained 0,0 per-
cenj Britain's FTSE 100 fell 057
percent, Germany's DAX index
fell 1.09 percent, and France's

CAC-40 fell 0.63 percent


READY FOR TAKEOFF: The newest Northwest Airlines jet, a Bombardier CRJ-900, below, sports
first-class seats, above foreground, and a roomier cabin than the company's other regional jets.



Associated Press
MINNEAPOLIS Airlines are
rushing to add new regional jets
with first-class seats, roomier
cabins and, in some cases, hot
The carriers are hoping busi-
ness travelers tired of a cramped
50-seat jet will pay extra for a
flight experience closer to what
they get on a mainline jet. The
addition could help airlines turn a
profit on flights that have gener-
ally been a loss-leader feeding traf-
fic into long-haul flights, although
rising fuel prices could complicate
the plan.
Airlines that recently went
through bankruptcy Northwest,
Delta, and United are the freest
to add such jets because of relaxed
restrictions in their pilot contracts.
Northwest Airlines is adding 72
new 76-seat jets through next year.
Half will be Bombardier CRJ-900s
flown by its Mesaba subsidiary,
and the other half will be Embraer
175s flown by its new Compass
subsidiary. Both include a dozen
first-class seats, and the cabin is
roomier than on Northwest's other
regional jets. Delta Air Lines plans
to fly 77 dual-class regional jets by
the end of 2008, and United
regional partners now fly about 115
70-seat jets with coach, first-class
and an Economy Plus seat with
extra legroom.
Delta spokeswoman Betsy Tal-
ton said business customers have
been asking for the regional first-
class seats for years. The aim with
the new jets is "to make it all more
seamless and more like the main-
line jet experience," she said.

First-class seats on Northwest's
new jets will include the same
level of meal service as on regular
flights. Northwest said it helped
design its version of the Bombar-
dier CRJ900, which has 6 feet 2
inches from floor to ceiling in the
aisle, and windows that are 25 per-
cent bigger than an earlier version
of the CRJ900.
With regional jets covering lon-
ger distances, passengers are
spending two hours or more on
board those planes making a
first-class seat more desirable.
The new regional jets improve
margins by about 16 percentage
points versus Northwest's older
100-seat DC-9s, which they are
replacing on some routes, Chief
Financial Officer Dave Davis told
analysts at a conference in June.
The new jets stretch the idea of
"regional" flying. For instance,
Northwest used to fly some 1,400
miles from Minneapolis to Van-
couver only seasonally, when
demand could fill an Airbus. It
dropped the route when demand

slackened because that was too far
for a 50-seat jet. But it's within
range for the new Embrael, which
is the plane Northwest will use.
"What people really care about
is nonstop service. And these air-
craft are the right size to introduce
them into many markets that
wouldn't have it otherwise," Ham-
lin said.
Thank bankruptcy.
Until recently, pilot contracts at
most major airlines limited how
many small jets they could fly,
because pay for those jets was less
than for larger jets.
But in bankruptcy, Northwest,
Delta, and UAL's United won con-
cessions from pilots expanding the
number of jets they can fly in the
70-seat range. Northwest's order
for 72 of those jets maxes out the
new higher limit, although it can
fly as many as 90 such jets if it also
boosts the size of its mainline fleet.
Meanwhile, American Airlines,
the nation's largest carrier, has its
feeder flying just 25 jets with 70
seats, none of them first class.


Business leaders look

at world's problems

Associated Press
GENEVA U.N. Secretary-
General Ban Ki-moon told business
leaders Thursday they had to do
more to reverse climate change and
use their power to affect the world
"We need to work much harder on
... climate change," Ban told the
opening of a U.N.-sponsored summit
of corporate leaders, politicians and
advocacy groups under the so-called
Global Compact.
"Certainly we have made some
progress in implementing the Global
Compact's principles," Ban Ki-moon
said at the meeting to review prog-
ress in the seven-year-old U.N. initia-
tive to involve businesses in world
"But it is still uneven," he said.
Although companies are doing
well in some areas, "there is much
room for advancement" in others,
such as respecting human rights in
business, applying labor standards
and reporting on corruption cases.
More than 4,000 business leaders,

campaign organizations and others in
116 countries have joined thegroup.
French Foreign Minister Bernard
Kouchner said there needed to be
broad participation if global prob-
lems were to be solved.
"Financial crises, inequality,
unemployment, digital divide all
these issues are global and the tools
too often are unfortunately national
or solely administrative. We need to
invent new tools. We need to find
new solutions, which inevitably will
go beyond or transcend national bor-
Work needs to sweep from
reforming organizations to involving
people at the grass-roots level,
involving "CEOs and leaders hand in
hand with trade unions and workers
... enabling everyone to feel truly
involved in issues which no border
can stop."
"Each citizen of our planet needs
to feel involved," Kouchner said.
Business leaders were keen to
show the initiative did not just repre-
sent a public relations platform to
them, but that they were truly com-

CALL FOR RESPONSIBILITY: U.N. Secretary-General Ban Ki-moon, left,
with Coca-Cola CEO Neville Isdell, told business leaders Thursday
'there is much room for advancement' in respecting human rights.

mitted to the Global Compact's prin-
"Responsibility is a choice, and a
global compact allows us business
people to make that choice," said
Neville Isdell, chairman and CEO of
Rights group Amnesty Interna-
tional said membership of the Global
Compact should not absolve compa-
nies from being held accountable.
"The global compact needs to find
ways to hold participants account-

able for the principles," said Irene
Khan, secretary-general of Amnesty
Kahn said international trade
agreements had offered business a
high level of protection that needed
to be extended to human rights.
"I challenge business, and in par-
ticular the U.N. global compact, to
give the same support to expanding
protection for human rights as it has
done to ensuring protection of busi-
ness investment," she said.



raises rate;

ECB holds



Associated Press
LONDON The Bank of England
raised its benchmark interest rate by a
quarter of a percentage point to
5.75 percent on Thursday, the fifth
increase in less than a year as it
attempts to put a lid on persistent
Meanwhile, the European Central
Bank held its benchmark interest rate
steady at 4 percent as unemployment is
dropping and inflation appears to be
under control in the 13-nation region
that shares the euro.
European Central Bank President
Jean-Claude Trichet told reporters that
the ECB would "monitor closely" infla-
tionary threats, words seen as a signal
that an increase is in the offing within a
couple of months.
Britain's widely expected move con-
firmed the country's place at the top of
the interest rate table of the world's
seven wealthiest nations, as the Euro-
pean Central Bank held its own main
refinancing rate at 4 percent.
British interest rates are now at a six-
year high as the Bank of England strug-
gles to contain rising prices and a
booming housing market.
Anticipation of Thursday's rate rise
drove the pound to 26-year highs above
$2; the currency nudged slightly higher
again after the announcement to $2.02
before settling back slightly to $2.0102.
Domestic inflation has moderated
somewhat since hitting a 3.1 percent
peak in the year ending in March, but at
2.5 percent in the year ending in May it
remains well above the government's
2 percent target.
The housing market also continues
to grow, although there are signs that it
is expanding at a slower pace.
The bank's monetary policy commit-
tee said that inflation is likely to con-
tinue to fall back to its 2 percent target
over the rest of the year.
SThe ECB has had more success in
containing inflation in the eurozone by
raising rates about once every quarter
since December 2005, and prices appear
to be under control while unemploy-
ment is falling.
Trichet said the'latest data showed
that economic activity in the eurozone
expanded at "solid rates" in the second
quarter. But he cited risks such as wor-
ries about a rise in protectionist pres-
sures, the possibility of further
increases in oil prices, wage agreements
and concerns about global imbalances
- singling out foreign exchange issues.
With markets generally quiet in
August, analysts have suggested the
ECB may raise rates again in September
to 4.25 percent.

- -L --.~- --~ i-C





Chinese stock prices tumble

ON THE RISE: Two days after agreeing to a buyout by
the Blackstone Group, Hilton's shares were the most
heavily traded on the New York Stock Exchange.

Hilton shares soar after

$26B Blackstone deal

From Herald Wire Services
Shares of Hilton Hotels (HLT) soared 26 percent Thurs-
day, two days after the company agreed to be bought by The
Blackstone Group (BX) for $20.1 billion in cash.
The deal was valued at $26 billion including debt.
Shares of other lodging companies also rose as analysts
speculated about which ones might become the next buyout
Hilton's shares were the most heavily traded on the New
York Stock Exchange. Shares rose $9.34 to $45.39.
The proposed acquisition deal represents a 32 percent pre-
mium over Tuesday's closing price. It would instantly make
Blackstone the world's largest hotel owner.



Hopes for a global trade Venerable luggage-maker
deal could be dashed for Samsonite (SAMC.OB)
years if a current impasse is said it has agreed to be
not broken this year, the top acquired by a London-based
U.S. trade official said, private equity company,
launching a bid for Asia-Pa- CVC Capital, for $1.11 bil-
cific countries to intensify lion.
efforts to save world trade The price of $1.49 a share
talks. is a 12 percent premium
Trade ministers from the -'frt the coipa1y's 'losing
21-member Asia Pacific Eco- :price Tuesday on the Over-
nomic Cooperation forum; ,,-!he-Counter Bulletin Board.
- whose members repre- I .. Samsonite had about
sents half the world's eco- 7421 million shares out-
nomic output responded standing as of June 8,
by urging other World according to a filing with the
Trade Organization mem- Securities and Exchange
bers to show the "political Commission.
will and flexibility" to save Including the assumption
the worldwide negotiations, of debt, the deal is worth
about $1.7 billion.
MERGER The company's board
WASSERSTEIN SELLING approved the sale, and
MEDIA FIRM FOR $630M groups that control about 85
percent of Samsonite stock
Incisive Media, a British also have approved the deal,
business news provider, said which is expected to close
it will pay about $630 mil- during the fourth quarter.

lion to buy the publisher of
The American Lawyer and
.other titles as it seeks to
boost its product range and
strengthen its foothold in
North America.
Incisive's all-cash pur-
chase of American Lawyer
Media, expected to close in
the third quarter, ends a
decade of control by New
York financier and buyout
specialist Bruce Wasser-
stein's private equity firm,
Wasserstein & Co.

Japan's Fast Retailing
(FRCOF.PK) has offered
$900 million in cash for
Barneys New York
(BNNY.OB), upping an ear-
lier bid from a Dubai-based
investment group, owner
Jones Apparel (JNY) said.
On June 22, Jones
announced it had agreed to
sell the luxury retailer to an
affiliate of Istithmar for
$825 million. That offer was
more than double what the
New York-based apparel
maker paid in December
Jones' shares rose 20
cents to $28.60 Thursday.
Jones Apparelsaid it will
begin talks with Fast Retail-
ing, although the Istithmar
deal remains in full effect.

China said it would bar
bank loans to companies
that violate environmental
rules, an apparent effort to
target firms that find it
cheaper to pay fines or
bribes than help reduce the
country's worsening pollu-
The initiative is part of
efforts to enforce frequently
ignored environmental rules
amid increasing concerns
about pollution that has left
millions without access to
clean water and made Chi-
na's cities some of the
world's dirtiest.

Private equity firm Terra
Firma Capital Partners
extended the deadline for its
$4.8 billion takeover bid for
EMI (EMIPF.PK), home to'
the Beatles and Cqldplay,
hoping to win over share-
holders who are holding out
for a counterbid from for-
mer suitor Warner Music
The offer was extended
until July 12 from July 4. It is
the second time Terra Firma
has extended its offer.

4 635 pn. late 4c.m 635p m.
St 7r. = dose Chg. volume Stock Tkr. close g
PwShs QQQ QQQ 48.66 48.68 +.02 54874 BrcdeCm BRCD 8.13 8.13
SPDR SPY 152.18 152.32 +.14 51194 Hallibtn s HAL 34.50 34.48 -.02
SiduSS SIRI 3.10 3.10 47786 Motorola MOT 17.80 1780
iShREst 1 YR 80.27 80.27 42504 Fortress n FIG 24.09 24.09
Micrsoft MSFI 29.99 29.90 -.09 39944 Opsware OPSW 9.45 9.45
Cisco CSCO 2837 2837 27201 19.88 1988
Intel INTC 24.60 24.64 +.04 23250 Symantec SYMC 98
Comcasts CMCSA 28.47 2859 +.12 21003 GloaISFe GSF 74.35 74.15 -20
Orade ORCL 2049 20.49 18660 DukeEgys DUK 18.42 18.42
Dell In If DELL 28.99 28.99 17783 VenizonCm VZ 41.98 41.98
Hiltn HLT 4539 45.47 +.08 17003 Huntsmn HUN 27.46 27.48 +.02
BestBuy BBY 47.80 47.60 -.20 14715 PwSWtr PHO 21.25 2128 +.03
Huntnk HBAN 227 22.69 +.12 13001 SpiitFn SFC 14.53 1453
For up-to-date stock quotes, go to www.MiamiHerald.com and click on Busines

Associated Press
SHANGHAI, China Chi-
nese stocks tumbled Thursday
on waning confidence in the
bull market amid worries
about government steps to
cool the market and that a
slew of new share listings
might drive prices lower.
Analysts said the lack of
apparent support from state-
controlled institutional inves-
tors for blue chip shares, often
viewed as an indication for
government policy intentions,
was undermining confidence.
The benchmark Shanghai
Composite Index fell 53 per-
cent to 3,615.87.
The Shenzhen Composite
Index of China's smaller, sec-
ond market plunged 5.8 per-
cent to 1,015.85.
"People usually have lots of
confidence in those govern-
ment-backed companies. After
they begin to drop, the whole
market followed," said Peng
Yunliang, a senior analyst at
Shanghai Securities.
Declines in heavyweight
banks, such as Industrial &
Commercial Bank of China,
and Baosteel Group suggest
that the market is yielding to
downward pressure.

Bloomberg News
Microsoft will incur pretax
costs of as much as $1.15 billion
related to repairs of its Xbox
360 video-game consoles and
said sales of the machines
missed its forecasts for the
Warranty coverage for the
consoles is being extended
after an "unacceptable" num-
ber required repairs, the com-
pany said Thursday. Microsoft
expects the move to cost $1.05
billion to $1.15 billion in the
quarter ended June 30.
The setback may hinder
Microsoft, the world's biggest
software maker, as it strives to
catch up with Nintendo's Wii,
which has outsold the Xbox
every month since going on
sale in November. Microsoft
pledged to make the Xbox
division profitable in the year
that began July 1 as investors
have tired of losses incurred
since 200L
"It's a pretty big black eye,"
said Matt Rosoff, an analyst at
Kirkland, Washington-based
research firm Directions on
Microsoft. "It's certainly not
going to help the Xbox com-
pete against Nintendo and it
may be the stumble" that Play-
Station 3 maker Sony needs to
win sales.
Shares of Redmond, Wash.-
based Microsoft fell 8 cents to
$29.91 in extended trading.
They dropped 3 cents to
$29.99 in Nasdaq Stock Market
Microsoft missed its fore-
cast for Xbox unit sales for the
year just ended, Robbie Bach,

BULLS REINED IN: Investors watch stock prices plummet on
a screen at a securities company in Shanghai. Prices fell
on Wednesday and Thursday.

ICBC fell 3.1 percent to 4.98
yuan; Bank of China shed
3.2 percent to 4.86 yuan; and
Shanghai Baoshan Iron & Steel
Baosteel plunged 5.8 percent*
to 10.74 yuan.
Despite several recent cor-
rections, the Shanghai bench-
mark is still up 35 percent for
the year, following a 130 per-
cent jump in 2006.
But regulators have sig-
naled their intention to pre-
vent the markets from surging

too high, too quickly.
Worries over government
moves to tighten credit inten-
sified after state media quoted
China's foreign exchange reg-
ulator as saying China will
raise investment quotas under
its Qualified Domestic Institu-
tional Investor program "in a
timely manner."
The program allows
selected financial institutions
to invest in overseas markets.
Plans for a slew of IPOs,

COSTLY WARRANTY: Microsoft announced that it will record
at least a $1 billion charge to extend the warranty to
three years on its Xbox 360 console. BJ McClain, above,
plays the Xbox 360 at a Best Buy store in Atlanta.

president of Microsoft's enter-
tainment and devices unit,
said in an interview. The com-
pany has sold 11.6 million
machines since its release in

November 2005, missing
Microsoft's target of 12 mil-
lion. Initially, Microsoft fore-
cast sales of as much as 15 mil-

some by state-owned giants
such as coal miner Shenhua
Energy, have also dampened
buying enthusiasm.
Four companies will offer
shares next week: Bank of
Nanjing, Bank of Ningbo, high-
tech firm Guangdong Ronsen
Super Micro-wire and Sichuan
Gaojin Food.
After months of feverish
buying by Chinese investors
starved of better-yielding
investment options, however,
the mania for stock purchases
seems to be waning.
Thursday's fall, and a
2.1 percent decline on
Wednesday, also reflected
concern that plans for the issu-
ance of $200 billion in special
government bonds to capital-
ize a state investment agency
might further pressure the
amount of funds available.
Bank lobbies that just
weeks ago were jammed with
people waiting to cash out
their savings and open stock
trading accounts are back to
normal, though some inves-
tors are now cashing out
shares and putting money
back in the bank.
"Investors, even institu-
tional investors, are panicking
about the market," Peng said.

You have to wonder
how expensive the
Xbo.x business is going
to be. This is another
billion in the hole.'

analyst at research firm
Directions on Microsoft

Bach said the company is
still shooting for Xbox profit
in the year that began July 1.
Microsoft has forecast total
""6tffi of 37' c6it6W'editf
share on sales of $13.1 billion to
$13.4 billion for the quarter
that ended June 30. The com-
pany reports earnings July 19.
"You have to wonder how
expensive the Xbox business
is going to be," Rosoff said.
"This is another billion in the
The charge represents
enough to fix 2.5 million con-
soles, Rosoff said. Bach
declined to say how many
have failed so far.
"It's a meaningful number
and it's got our attention," he
said. "When you look at the
financial implication obvi-
ously it's not a small number."
Any customer whose con-
sole experiences a general
hardware failure indicated by
three flashing red lights will
now be covered by a three-
year warranty from the date of
purchase. The previous war-
ranty had been one year in
North America and Asia and
two years in continental
Europe, Bach said.


Service sector grew faster than expected

Associated Press
nation's economic slowdown
may finally be coming to an
end, with both the service and
manufacturing sectors show-
ing surprising strength in June
even as prices for raw materi-
als rise.
The Institute for Supply
Management said Thursday its
index of business activity in
the non-manufacturing sector,
which includes banking, retail
and travel, registered 60.7 last
month. The reading was
higher than May's reading of
59.7 and Wall Street's expecta-
tion of 58.L
It was the highest reading
since April 2006, when it reg-
istered 61.1. A reading above 50
indicates expansion, while one
below indicates contraction.
e "It's a continuation of
"'d recent trends and shows the
12145 economy is firming up," said
1167 Gary Bigg, an economist with
11116 Bank of America.
1101 The report followed Mon-
10627 day's ISM report that the man-
!ool ufacturing sector expanded at
W its fastest pace in at least a
5s Separately, the Labor

Robust data can be double-edged for the
market. Investors want the economy to
strengthen, but they worry interest rates will
rise and cause a slowdown in business.

Department reported Thurs-
day the number of newly laid
off people signing up for job-
less benefits rose last week.
The level of claims, though
slightly higher than econo-
mists were expecting, was still
in a range that pointed to a
sturdy job market.
The service industries cov-
ered by the ISM report repre-
sent about 80 percent of eco-
nomic activity and span
diverse fields including bank-
ing, construction, retailing,
mining, agriculture and travel
All 14 industries surveyed by
the ISM reported growth,
while none reported
decreased business activity
compared with May.
Strength in the new orders
index, which registered 56.9,
bodes well for growth in com-
ing months, Bigg said. The
employment index, another

forward-looking indicator of
business confidence, rose to 55
in June from 54.9 in May.
The prices paid index grew
more slowly than in the previ-
ous month, suggesting infla-
tion may be moderating. The
index fell to 65.5 in June from
66.4 in May.
The service economy
report is the latest sign that
the economy may waking up
from its nearly yearlong slug-
"It's premature to say the
economy is reviving in a con-
sistent way, but I think it's safe
to say the economy isn't going
to weaken any further," said
Mark Zandi, an economist
with Moody's Economy.com
Robust data can be double-
edged for the market. Inves-
tors want the economy to
strengthen, but worry interest
rates will rise and cause a
slowdown in business.
Belt tightening by busi-

nesses worried about the
effects of the slumping hous-
ing and automotive industries
was a major factor behind the
first-quarter's economic slow-
down. In the January-March
period, the economy grew at
the weakest pace in more than
four years.
Despite downturns in the
automotive and housing
industries, a strong job market
has helped keep the economy
going over the past year.
The Labor Department said
new applications filed for
unemployment insurance rose
by a seasonally adjusted 2,000
to 318,000 for the week ending
June 30. The level of claims
was slightly higher than econ-
omists were expecting, but
didn't darken the big picture
of a mostly healthy employ-
ment climate.
The four-week moving
average of new claims, which
smooths out week-to-week
fluctuations, rose by 1,750 last
week to 318,500, the highest
since late April.
AP Economics Writer Jean-
nine Aversa in Washington,
D.C., contributed to this report.


Microsoft extends Xbox 360 warranty

FRIDAY, JULY 6, 2007 4B

THE MIAMI HERALD I MiamiHerald.com


Bahamas fails

'to cut it'


70 year-old


Tribune Business

sistently behind the
legislative curve",
adopting legislation
that does "not cut it" because in
some instances the policy ideas
and programmes are 70 years-
old, a Bahamian economic.
think-tank warned yesterday.
In its latest commentary, the
Nassau Institute said legislation
and programmes that the
Bahamas is copying are so old
that other countries are remov-
ing or amending them.
"Hopefully, the Bahamas can
change course before it is too
late," it said.
The Nassau Institute used the
examples of education, health
care and labour legislation to
make their point.
"Something must be done to
improve our abysmal educa-
tional system where about 50
per cent of school leavers do not
get a passing grade. They get a
fancy prom, but a poor educa-
tion," it added, suggesting that a
voucher system or school choice
would help in this area.
The Nassau Institute
explained that this idea, creat-
ed by economist Dr Milton
Friedman, was essentially a sys-
tem where parents receive a
voucher for the amount of mon-
ey the government pays from
taxes to educate a child in the
public system.
Parents would then be able to

apply those funds to putting
their child into the school of
their,choice, whether it be a pri-
vate school or a "better public
When it comes to health care,
the Nassau Institute said the
Bahamas had started down the
road to socialised medicine by
copying the Canadian model.
Yet it pointed out that the Cana-
dians were themselves rejecting
that very programme.
"In fact, the Supreme Court
of Canada has ruled that the sin-
gle payer system there is illegal,
and private clinics and hospitals
are being opened once again,"
the economic think-tank said.
According to the Nassau Insti-
tute, the Bahamas has had a
form of socialised health care
for many years in the public sys-
"Unfortunately, this has been
a miserable failure in many
respects. Even so, the Blue Rib-
bon Commission proposed that
the Government expand this sys-
tem and fund it by implementing
an income tax," it added.
The Nassau Institute also
questioned why the newly-
appointed labour minister, Dion
Foulkes, and some trade union-
ists appeared to be pushing for
the implementation of the Inter-
national Labour Organisation's
Convention 87, which vould
give all employees the right to
seek representation from the
union of their choice.
It said the Bahamas Employ-
" ers Confederation felt this would
create one very powerful union,
and essentially stop commerce

in the nation through a general
strike, resulting in :"devastating
economic ruin to the country".
The Nassau Institute said
there seemed to be a consensus
between some employers and
trade unions that article 24 of
the Bahamas Constitution ade-
quately covers the requirement
of Convention 87.
"This begs the question: Why
should the Bahamas bother tak-
ing this initiative any further?
After all, should a branch of the
United Nations be writing public
policy for the Bahamas that is
fast becoming outmoded else-
where?" it asked.
With regard to right to work
laws, the Nassau Institute said
Lawrence Reed, president of the
Mackinac Centre for Public Pol-
icy, had suggested this was the
way forward to employee
The right to work laws coun-
teract "closed shops", which
occur when a worker is forced to
be a union member if a bargain-
ing unit exists.
"In the Bahamas, we have
what is.referred to as 'Agency
Shop', where non-members are
forced to pay union dues even if
they are not a member. That is
coercion, not a fundamental
right to association," the Nassau
Institute said
It added that everyone should
have the right to join a union
and pay dues if they chose, or
the right not to join a union and
not pay dues if they chose. That
is what will provide the "funda-
mental right of association, the
Nassau Institute said.


Official Ball Field

Handover Ceremony

Saturday July 7th, 2007


West End Softball Field

Exhibition Games &


Happy Independence


All Bahamian Concert &

Fireworks Display

Sunday July 8th, 2007


Bay Shore Drive, West End

Happy Independence

Refreshments will be on sale


Citco Fund Services is a division of the Citco Group of Companies
and is the largest independent administrator of Hedge Funds in the
world with offices in The Bahamas, Curacao, Amsterdam, Dublin,
London, Luxembourg, Miami, New York, Toronto, Cayman Islands,
the British Virgin Islands, Bermuda, San Francisco and Sydney.

As part of our continued expansion, in our office in The Bahamas, we
are looking for a number of motivated and pro-active

Senior Fund Accountants

Your most important tasks and responsibilities would be:
preparing periodical financial reporting for the Hedge Funds,
including the determination of the "Net Asset Value"
maintain contact with Investment Managers, Investors, Banks and
monitoring of irregularities and developments through ad-hoc
handle payment transactions
liaise with international clients and other Citco Offices worldwide,
to ensure that client needs are met

The successful candidate should meet the following criteria:
a bachelors degree in accounting, finance, economics or a
professional -
accounting designation
affinity with investments and figures
a team player, able to cope with individual responsibilities
highly accurate and excellent communication skills
working experience in the financial area or at an accounting firm
is an advantage

We offer you: a challenging job in a rapidly expanding international
company, with an informal company culture. You will have the
opportunity to broaden your job specific knowledge with excellent
prospects for a further international career in one of our worldwide

If you are interested in this opportunity, please send your Curriculum
Vitae and covering letter via e-mail to: Citco Fund Services (Bahamas)
Limited at: hrbahamas@citco.com You can find more information
about our organization, on our website: www.citco.com

invites applications for the position of
Group Marketing Coordinator
Money Transfer Services

Responsibility for assisting in the strategic planning, development
and execution of marketing programmes for the suite of products
and services offered by Fidelity's Money Transfer Services Division,
including the Western Union money transfer service currently in The
Bahamas, Cayman Islands and Turks & Caicos Islands., Position is based
in The Bahamas.

SDevelop annual and long-term marketing programmes.
Manage development and execution of the following: advertising
and promotions, public relations, merchandising, field marketing,
direct marketing and events programmes, including creative
development and media planning.
Work closely with Western Union and product partners to plan and
coordinate joint marketing.
Monitor industry trends to help guide the development of
marketing programmes.
Conduct business analyses of promotions and other initiatives to
determine effectiveness.
Manage marketing budgets effectively.

BA in Marketing, International Business or related field required.
Minimum of 3 years marketing experience with consumer
packaged goods or consumer financial or other services company,
preferably with international exposure.
Experience in developing and implementing marketing
programmes, including advertising creative, media planning,
promotions management, direct marketing, merchandising, public
relations and market research.
Fluency in Creole required, and knowledge of Spanish desirable.

Solid strategic and analytical thinking skills.
Excellent verbal and written communication skills.
Ability to work with multi-disciplinary teams to achieve business
|I Solid PC skills (Excel, Word, PowerPoint).
Ability to travel
The person will report directly to the Vice President.
Competitive compensation package will include salary, benefits and bonuses.
Send resume no later than July 12th, 2007 to:

The Director Human Resources
-S MllmlR
51 Frederick Street
P.O. Box N-4853
Fax 326.3000
e-mail: careers@fidelitybahamas.com



FHIDAY, JULY 6, 2UU/, -'AL til 5:3




III~I IIIII111 1111
b advptis in e Tpfimie he # newpape


Construction Project Manager

Minimum 5 years experience in construction
Working knowledge of timber and masonry
construction methods
Proficient in reading and understanding construction
Proficient in performing material take-offs and placing
material orders
Working knowledge of construction materials
Proficient with MicrosoftWord and Excel
Good communication skills

Warehouse Manager

5-10 years experience managing a large warehouse
Working knowledge of accounting aspect of Warehouse
* Computer savvy including proficiency with Microsoft
Word and Excel
* Solid day-to-day decision maker
* Good Communication skills with both upper
management and labour
* Working knowledge of construction materials

Resume should be sent to Nick Sims, Development
Department, The Abaco Club on Winding Bay, P.O. Box
AB-20571, Marsh Harbour, Abaco or fax #242-367-2930


credit in


3. 2 /o



We are seeking an Investment Manager for an international
life science venture fund.

The General Partner of a Bahamas Limited Partnership is
seeking an Investment Manager to assist in the evaluation of
investment opportunities in international markets. The
Partnership invests in the life sciences field and is
particularly interestedinidentifyingnutritional products, dietary
supplements, medical foods and innovative approaches to
prevent chronic diseases.

The job is specialized and requires that the candidate have
a sound degree and post-graduate qualifications in a life
science-related field, such as pharmacology, biology or
medicine, an MBA or equivalent, and a minimum of
5 years' hands-on analytical and research experience,
preferably in a Venture Capital or Private Equity environment.
The successful candidate will demonstrate expertise in the
development, monitoring and evaluation of investment
opportunities in the life sciences field with an international
company. Fluent English is a prerequisite, other languages are
a plus. The candidate will be based at the company's office in
Nassau, and extensive is required.
A competitive salary package commensurate with experience
will be offered.

Please reply to IV7 Americas S.A., P.O. Box N-7532, Nassau
or Fax: 225-1 07 or email:hr.nassau@inventages.com
for the attent n of HUMAN RESOURCES-Ref:IM

The deadline for applications is July 17, 2007

spending by 11.2 per cent to
$1.248 billion.
Trade taxes, though, had
risen by 6.5 per cent.
Inflation in the 12 months
ending in May 2007 had risen
to 2.4 per cent compared to 1.7
per cent the previous year, dri-
ven by growth in food and
drink prices, medical care
costs, furniture and household
operations prices and recre-
ation and entertainment ser-
Bahamian dollar deposit
growth rose by $84 million to
$331.4 million, as fixed deposit
growth strengthened to $199.4
million, compared to $98.4 mil-
lion, while savings deposits
grew to $66.5 million from
$41.2 million.

Bank of Baroda
(A Govt. of India Undertaking)
(Incorporated in India) (Head Office : Mandvi, Baroda)

a31 R 2007 -5 rA g-t-r '-'
Consolidated Balance Sheet as on 31st March, 2007-
..... .... .. -..,:. ,: .. ... 0. .(e 0 s ^ ffw m intt ) .) .
31 wr 2007 ft 31 TT 2006 ar
F-i As on As on
SCHEDULE 314 March 2007 311 March 2006
*- ., T. Rs. T' Rs.

Reserves & Surplus
Minority Interest
Other Liabilities & Provisions

Cash and balances with
Reserve Bank of India 6
Balances with Banks and
Money at:Call and ShqrtNotice 7
lIpyestments . 8,
Il:ns &-Ad6.vance'. '9. .

Fixed Assets
Other Assets
Goodwill on Consolidation
Contingent Liabilities
Bills for Collection
Significant Accounting Policies
Notes on Accounts

1 365,52,76 365,52,74.
2 8512,02,65 7747,42,28
2A 31,81,61 24,61,43
3 128107,41,15 96051,01,01
4 1171,15,09 5048,87,42
5 8683,69,27 7446,63,93
S 146871,62,53 116684,08,81

6569,78,80 3470,96,39


10 1159,47,99
11 5317,48,49
12 61654,28,76


The Schedules referred to above form an integral part of the Balance Sheet

Consolidated Profit and Loss Account for the year ended 31st March, P007
(000's 3Rfait omitted)
C ." 31 ld 2007 Zt 31 t 2006 a
S!" ~ d ? t? 4 ifed
C3 Year ended Year ended
S. SCHEDULE 31 March 2007 31 March 2006
T. Rs. T. Rs.
:INCOME .... v i ,,: nr '.: 'y -' '.. ..'-
'Interest Earned .,,. J' 9530,40,03 7358,60,4"
otherr Income.:- .r -'.,. ;l14,;.i j 1282.41,08 1188,42,28
'TOTAL .., ,'. ., rf."' : 10812,81,11 8547,02,69
'Interest Expehd6d : ":l'' 1S :'i : 5567,48,69 3993,27,58
SOperating Expenses '', '16 '- 2675,57,26 2520,53,90
Provisions and Contlrigihcfes '" :': 1504,42,22 -1137,10,02
TOTAL ; .,,,,. '... 9747,48,17 7650,91,60
Consolidafid "rotb tre no iy;,
Interest and share mf atimin :.':
'..Associates .1065,32,94 896,11,9
Share of eamings ln'Associates 17 71,0048 14,21,57
,::Consolidated Net Profit for the year
before deducting Minority interest 1136,33,42 910,32,76
Less: Minority Interest 7,47,19 5,63,61
Consolidated Profit for the year
attributable to the group 1128,86,23 904,69,15
,Balance in Profit and Loss A/c
brought forward ",. "-' .- 58,27,59 42,73,54
S'Atiount available for appropriaton ":'. ; 1187,13,82 '. 947,42,69
STransfer to Statutory Reserve :" 264,08,33 210,6,27
1;,Transfer to Revenue & Other Rsservis' 637,46,18 471,11,14
Proposed Dividend (Including Dividend Tax) 252,45,84 207,67,69
Balance carried over to consolidated '4 : 8 9
Balance Sheet. *. .... 33,13,47 "' 58,27,59
TOTAL ..-. 1187,13,82 947,42,69
Earnings per Share (Basic & Diluted) Rs. 30.99 Rs.29.65
SSignificant Accounting Policies '18
Notes on Accounts 19
ah integral part of the Profit & Lo6ss Account.
The Schedules referred to above form an integral part of the Profit & Loss Account.

Dr. Anil K. Khandelwal
Chairman & Managing Director
Shr V. Santhanaraman
Executive Director
Shrf R. K. Garg
General Manager
(Corporate ArCs)
Shri R. K. Velu
Deputy General Manager
(Accounts & Audit)
Pla : Mumbel.
Date : 261h May. 2007

Shri G.C. Chaturvedi
Shri A. Somasundaram
Shri Mllnd Nadkami
Shri TK Balasubramanian
Shri Amarit Chopra
Smt. Masarrat Shahd
Shri Maulin A. Valshnav
r. Dharmendra ehandar
Shri Manesh P. Mehta

As per out separate report of even date attached
for TR Chadha & Co for S.Venkataram & Co for Ray & Ray
Chartered Accounants Chartered Accountants Chartered Ac
(Sumant Chadha) (S Sundarraman) i(rrna N fe
Partner Partner Patner
M No.03642 M No 201028 M No 03004
forG. Basu&o for G P Kapada & Co for B C. Jan
Chartered Acconlants Chartered Accuntants Chartered Ac
( D Chanchani) (Nimesh Bhimani) (Rihabh Jain
Partner Partner Partnr
M No.005570 M No 030547 M No 400912

Auditors' Report on consolidated
financial statements of Bank of Baroda
The Board of Directors. Bank of Baroda
1. We have audited the attached Consolidated Balance Sheet
of BANK OF BARODA (the "Bank") as on 31s March 2007
and also the Consolidated Profit and Loss Account for the
.,. r ernde,.r cnr j.r l ,i5ie 3 :. Ine C,:,', clae Ca3 .
,' "':;* '"Flh:.i. 4I.lem irnr, t:,.r tne:F Lf f ^'n'tdlW' d- e',zrPie 'ed .'
thereto. These Financial Statements are the responsibility
of the Bank's management and have been prepared by the
management on the basis of sepWrate financial.statements
and other financial information regarding subsidiaries and
associates. Our responsibility is to express our opinion on
these Financial Statements based on our audit.
2. The Consolidated Financial Statements have been
prepared by the Bank in accordance with the requirements
of Accounting Standard 21 "Consolidated Financial
Statements" and Accounting Standard 23 "Accounting
for Investment in Associates in Consolidated Financial
Statements", issued by the Institute of Chartered
Accountants of India and the guidelines issued by the
Reserve Bank of India (except as otherwise stated) and on
the basis of the separate Audited Financial Statements of
the Bank, its Subsidiaries and Associates incorporated in
the Consolidated Financial Statements.
3. (a) We have nbt audited the Financial Statements of:
(i) the 12 Subsidiaries, whose Financial Statements
reflect Total Assets of Rs.4510.49 crores as on 31"
March 2007 and Total Revenue of Rs. 452.93
crores and net cash inflow amounting to Rs 207.49
crores for the year ended on that date. -
(ii) the 11 Associates reflecting Net Profit of Rs.71
crores for the year ended 31" March 2007.
(b) We have considered the unaudited Financial statements
as of 31' March 2007 certified by respective
management of UTI Asset Management Company
Private Limited, UTI Trustee Company Private Ltd., UTI
Venture Funds Management Company Private Ltd. and
UTI International Ltd., for the purpose of the
Consolidated Financial Statements.
(c) Subject to as stated in paragraph (b) herein above.
these financial statements and other financial
information have been audited by other auditors whose
reports have been furnished to us and our opinion is
based solely on the reports of other auditors.
4. We-conducted our audit of the Consolidated Financial
Statements in accordance with Generally Accepted Auditing
Standards in India. These standards require that we.plan
and perform the audit to obtain reasonable assurance
whether the Financial Statements are prepared, in all
material respects, in accordance with an identified financial
reporting framework and are free of material misstatements.
An audit includes, examining on a test basis, evidence
supporting the amounts and disclosures in the financial
statements and audit also includes assessing the
accounting principles used and significant estimates made
by the management as well as evaluating the overall
financial statement presentation. We believe that our audit
provides a reasonable basis for our opinion.
5. Attention is drawn to the following notes in Schedule 19:
(a) Note No.3.2- regarding non-ascertainment of impact
of adjustment on account of dissimilarities in
Accounting Policies of Associate, UTI Asset
Management Co. Pvt. Ltd., UTI Trustee Company
Private Ltd., UTI Venture Funds Management
Company Private Ltd. and UTI International Ltd.,
(b) Note No.-5 regarding adjustments arising from
reconciliation / clearance of outstanding items stated
The consequential effect of the above has not been
6. Earnings per share (Note No.21) in Schedule 19 are subject
to our observations in paragraph 3 (b) and 5 above.
7. Based on our audit and on consideration of reports of other
auditors on separate financial statements and on the other
financial information of the components, and to the best of
our information and according to the explanations given to
us and subject to paragraphs 3(b), 5 and 6 above, we are
of the opinion that the attached consolidated financial
statements give a true and fair view in conformity with the
accounting principles generally accepted in India:
(i) in the case of the Consolidated Balance Sheet, of the
consolidated state of affairs of the Bank, its Subsidiaries
and interests in its Associates( Bank of Baroda Group)
as on 31" March 2007;
(ii) in the case of the Consolidated Profit & Loss Account,
of the Profit of Bank of Baroda Group on that date, and
(lii) in the case of Consolidated Cash Flow Statement, of
the cash flows for the year covered by the Consolidated
Financial Statements.



The interested parties may obtain a
complete balance sheet from the bank
at its office located at Gold Circle House.
Esst Day Street. Nassau


Forhe toiesbehind


I iN ,M I-', 1. C' U, -U I

COmputer Company Seeks Person to
position of Receptionist/Sales Clerk.

nl l the

Applicants should possess the following:-
Good Organization Skills
Be Computer Literate
Be Punctual

Previous experience in computer equipment sales
industry a plus.

Interested applicants should send resumes and
other information to nassautechjob@yahoo.com




Dr. H. Coleman
Bahamas Internventional Cardiology Center

Company seeks to employ individual
for the position of

Personal Assistant

Individual must be self motivated, organized,
willing to travel, familiar with microsoft and excel,
possess strong supervisory skills and other
assignments as set forth.

Interested persons should forward resume to
P.O. Box EE 16984,
Nassau, Bahamas.

FROM page 1

ment's 2006-2007 fiscal year,
the Budget deficit remained
relatively flat, standing at $91.4
million compared to $88.8 mil-
lion the year before.
The Government was even
running a recurrent surplus,
with total revenues up 12.2 per
cent to stand at $1.21 billion,
with recurrent spending ahead
by 9.3 per cent to $1.117 bil-
lion, comprising 89.4 per cent
of total spending.
Yet capital spending had
plunged the Budget into the
red once more, having
increased by 31.2 per cent dur-
ing 2006-2007, growing total




Licensees to seek

'millions' in Customs

duties refunds

FROM page 1

which could be used for other
business purposes.
Mr Lowe told The Tribune:
"It is interesting, having read
the written judgement, that
what started out as a discrimi-
natory practice by Bahamas
Customs against one licensee,
the Home Centre, has through
this ruling become a specific
advantage for the Home Cen-
tre over and above similar
licensee businesses in the Port
"This calls into question the
fact that, as the Home Cen-
tre's entire inventory is allowed
to be bonded and sold either as
bonded [duty-free] or post-
duty paid, other licensees -
having to pre-pay duty on their
inventory on hand, are at a sig-
nificant disadvantage and may
well seek refunds of pre-paid
"This, of course, would be
in the millions of dollars. These
refunds, if the other licensees
choose to go after it, will
amount to millions of dollars.
Legal counsel will be sought
on this opinion, of course.
Quite frankly, it would be
remiss not to apply for a
Mr Lowe said "dozens of
businesses" in Freeport would
be impacted by the effects of
the ruling, which "does not
address the overall picture or
the problems that will flow
from it".
The Grand Bahama Cham-
ber president said the verdict
had given the Home Centre's
business a tremendous boost
because it did not have to pre-
pay any customs duties on its
inventory, which was being
brought in entirely bonded.
This enhanced the compa-
ny's cash flow tremendously,
especially as it had been bring-
ing in all products as bonded
for the past six months, while
all rivals had to pre-pay on a
portion of their merchandise.
Rather than paying taxes at
the front-end, the Home Cen-
tre only had to remit duties to
the Customs Department once
products were sold, freeing up
capital and financial resources
to invest in items such as
expansion, infrastructure and
more inventory.
"Having won this case is a
great shot in the arm for the
Home Centre's cash flow, as
it does not have to pay duty
until the inventory is sold.
"It transforms the payment
of duties into a sales tax or a
VAT tax situation, in which it
is collected from consumers
and remitted to Customs, as
opposed to the pre-payment
of duty with the hop. of recov-
ering it from post-duty sales of
the item.
"Other licensees are not yet
feeling that advantage, as they
have pre-paid duty on hand on
which refunds will be sought."
In his ruling, Justice Isaacs
noted the practice of bringing
inventory into the Port area as
bonded or duty-free goods. He
added: "Whatever goods have



The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If so, call us on 322-1986
and share your story.

been entered conditionally
duty free can only lose that
character if they are used oth-
erwise for the purpose for
which the concession was
This means that duty only
becomes payable on bonded
items if they are sold to mem-
bers of the public for personal
use, or to non-licensees of the
GBPA. Bonded inventory is
tax-free if sold to GBPA
licensees for use in their busi-
Justice Issacs noted that the
Home Centre had acknowl-
edged in correspondence with
Customs that it had to pay cus-
toms duties on items that could
not be bonded, such as house-
wares and appliances.
He also described as "an
orderly method" the Home
Centre's offer to remit duties
owed on non-bonded items, or
bonded items that were sold
duty paid to customers who
were non-licensees, on the 15th
day of each month.
However, Justice Isaacs left
it open to the Customs Depart-
ment to decide if this was an
acceptable arrangement, which
is used by other wholesalers
and retailers when it comes to
post-paid duty.
Mr Lowe yesterday
expressed hope that the latest
legal reversal suffered by the
Customs Department would
prompt it to resume dialogue
with the Chamber, licensees
and GBPA on the way for-
ward when it came to bonded
goods in Freeport.
Many of the,problems have .
stemmed from the fact that the

Customs Guide to the Hawks-
bill Creek Agreement has no
basis in statute, and that rather
than enforce its legal powers,
Customs often seems to have
stepped outside them and
attempted to impose arbitrary
diktats on licensees. Each
Freeport-based wholesaler has
developed its own method for
dealing with bonded goods
issues, and many practices have
developed informally before
they became accepted.
Meanwhile, Mr Lowe said
the court verdict again showed
the tremendous potential that
Freeport could bring to the
entire Bahamas as a tranship-
ment facility, with companies
having the ability to import
and export product from the
city duty free.
This would not only benefit
Bahamas-based exporters, but
Bahamian-owned companies
in Nassau and the Family
Islands. Rather than having to
pay huge amounts in customs
duties up front, firms could
obtain a GBPA licensee and
bond number with Customs
after lodging a surety, then
establish a warehouse in
Freeport to hold product they

The Public is hereby advised that I, KHAMBREL
CORMON RUSSELL of #17 Golfview Lane, Bahamia
West Replat, Freeport, Grand Bahama, intend to change
my name to KHAMBREL CORMON ROLLE. 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 N-742, Nassau, Bahamas no later than thirty (30)
days after the date of publication of this notice.

Legal Notice


Lindgren and Associates Inc.
(In Voluntary Liquidation)

Creditors having.debts or claims againts the above-named
Company are required to send particulars thereof to the
undersigned at Ocean Centre, Montagu Foreshore, East Bay
Street, P.O. Box N-3247, Nassau, Bahamas as solerLiquidator
on or before the 20th day of July, 2007. In default thereof they
will be excluded from the benefit of any distribution made by the

Dated the 4th day of July 2007


Legal Notice
Lingren and Associates Inc.
(a) Lindgren and Associates Inc. is in dissolution under
the provisions of the International Business Companies
Act 2000.

(b) The dissolution of the said company commenced
on the 4th July, 2007 when its the Articles of
Dissolution were submitted to and registered by the
Registrar General.

(c) The Liquidator of the said Company is Mr. Lynden
Maycock of Ocean Centre, Montagu Foreshore,
East Bay Street, Nassau, Bahamas, as sole Liquidator.
Dated the 4th day of July 2007.

H & J Corporate Services Ltd.
Registered Agent
for the above-named Company

imported into the Bahamas.
This would allow all mer-
chandise to be brought in
bonded, boosting business cash
flow and capital conservation
for other purposes. Customs
duties would only become
payable once inventory was
shipped to Nassau for sale to
the public, or sold to a non-
"It has potential for Bahami-
an companies to not only more
efficiently distribute fresh
goods, produce and consum-
ables throughout the country,
but internationally," Mr Lowe
He added that it had taken
Associated Grocers to show
Bahamian firms the tranship-
ment/distribution hub model
that was the perfect fit for
Mr Lowe said a study on
Argentinian beef had shown
that it was imported to
Freeport, where it was
switched to another ship, then
exported to the US where it
.incurred 6 per cent import
duty. It was then shipped to
Florida, and re-imported back
into the Bahamas at a much
higher price.


The Winterbotham Trust Company Limited, incorporating
The Winterbotham Merchant Bank, ("Winterbotham") is
a bank and trust company, broker/dealer and mutual fund
administrator, registered in The Bahamas. The Company
is dedicated to providing tailor made financial, fiduciary
and administrative services to corporate and institutional
customers and their shareholders worldwide.

Winterbotham is seeking a professional to assume
responsibility, reporting directly to the Chairman, for
business development in Central America and the North
and West Coasts of South America,

The candidate should be young, energetic, self motivated
and be well educated, and preferably hold a degree in
finance, economics or business administration. Relevant
post graduate studies and/or professional qualifications
will also be beneficial. It is vital that the candidate have
hands-on business development experience in several
Latin American markets in the financial services sector,
gained while residing in one or more markets over a
period of at least 2/3 years, and be able to demonstrate
that he/she has successfully generated revenue-producing
business. Clearly, complete business and social fluency
in Spanish is an absolute pre-requisite. Fluency in
Portuguese will also be an advantage.

Winterbotham is passing through an exciting period of
evolution as it adapts to developmentsin the international
financial services industry, and the opportunity offers
tremendous scope to an innovative and entrepreneurial
self starter who is willing to travel up to 50% of the time
in Latin America.

We offer excellent compensation, including financial
incentives tied directly to performance and a group health

Candidates should send a detailed CV together with
a covering letter describing why you think you are
qualified for the job, directly to: The Chairman,
The Winterbotham Trust Company Limited,
P.O. Box N-3026, Nassau or by email to
chairman@vip-wtb.com. All interviews will be held in
Spanish & English.




Nassau Airport Development Company Limited
(NAD) is inviting proposals for the operation of 6 12
buildings at Lynden Pindling International Airport. The
successful Proponents will be put in place an innovative
anddynamicretailexperience. NADwillprovidekiosks.

Proponents must have at least (2) years experience in
the operation of retail stores or kiosks and should be


Qualified and

interested parties may
Development at


For further information or to

obtain the Request for Proposal package. The
Request for Proposal packages will be available from
the reception at NAD fiom Monday, July 9, 2007.

Nassau Airport
Development Company




For the stries behin

BTC bidder 'under pressure' from financial backers

FROM page 1 '
for something outside the
"Timing is very important
for them, and even if their
principals intend to stay, their
backers might say: let's go and
look somewhere else in the
Bluewater's principals are
ex-Time Warner executive,
Roger Ames, and former NTL
chief financial officer John
Gregg. All mergers, acquisi-
tions and commercial deals
have a time when they are
"hot', but if business is not con-
cluded and the deal sealed dur-
ing that period, they often go
'cold' and prove difficult to
Bluewater's financial back-
ing is likely to come from pri-
vate equity sources, plus

investment banks and other
financial institutions, some of
who will provide debt financ-
Mr Smith yesterday pointed
out that such institutions want-
ed to earn a return on their
capital. not leave it sitting idle
and undeployed for a long
period of time. As a result,
Bluewater would be unable to
keep its financial backers sit-
ting around forever while it
waited for the FNM govern-
ment to make up its mind.
"There's a high cost involved
in co-ordinating the funding."
Mr Smith said. "There's only
so much they can do in recon-
figuring a deal like that."
The former minister said the
Government had had to strike
a balancing act between the
purchase price it would receive

for BTC and its fiscal needs:
BTC's transformation under
the new biddern into a com-
petitive, customer-focused
firm; and the wider impact on
the Bahamas telecoms market
from liberalisation.
Given that Bluewater was
ultimately prepared to pay a
high price some $260 million
- and possibly "overspend" to
acquire BTC. Mr Smith said:
"In my view, it was the right
time to go through with the
privatization because we had
an owner on the ground who
had done all the due diligence.
"The other suitors were
Cable & Wireless and Digicel.
They'd indicated they weren't
going to pay that amount for
49 per cent, that was Cable &
Wireless. And Digicel was
really interested in the cellu-

lar or mobile side, not the
"Factoring those things in,
and talking about telecommu-
nications companies interest-
ed in the Bahamas, Bluewater
in my view was the best outfit
to go ahead with it.
"Bluewater was the only
company that came forward,
answered the public advertise-
ment and qualified. The put
up the deposit and met the
requirements. They were the
only ones to go behind express-
ing an interest."
Just prior to the May 2, 2007,
general election, the PLP gov-
ernment concluded some two
years of negotiations with
Bluewater by agreeing the final
terms of the private equity-
funded bidder's offer.
The PLP Government had

initially sought $250 million,
with Bluewater only prepared
to pay $225 million, so an
arrangement was worked out
where Bluewater would pay
$220 million up front, a further
$35 million at the end of the
five-year cellular monopoly,
and a final $5 million in the
sixth year for a total of $260
The $260 million price is
double the amount offered by
the leading bidder in the failed
2003-privatisation process -
BahamaTel leading many to
believe Bluewater is over-pay-
ing for BTC.
Yet the price may have been
induced by the likelihood of a
five-year cellular monopoly for
Bluewater, profits from this
revenue stream likely to be
enough to recoup much of the
$260 million and provide the
buyer with enough breathing
space and cash flow.
This left many analysts fear-
ing the Bluewater deal might
inhibit liberalisation and com-
petition in the Bahamian tele-
coms market, stifling consumer
choice, service quality and low-
er prices.
But Mr Smith said Bluewa-
ter planned to address this
through a virtual mobile net-

work, where three years after
the privatization, it would
allow rival cellular operators
to lease its network infrastruc-
ture for the provision of their
He added that this would
have allowed two to three
more operators to enter the
cellular market, with the Pub-
lic Utilities Commission (PUC)
ensuring fair competition by
price-regulating the fees Blue-
water charged competitors for
use of its network.
This, though, raises new
questions, particularly on the
PUC's regulatory abilities,
knowledge and expertise, and
its independence from govern-
"You could get into business
with less overheads, and the
safeguard for that will be the
PUC, which would have to reg-
ulate the user fees," Mr Smith
He added that this was a
sensible compromise, given
that Bluewater was paying
"top dollar" for its BTC stake,
and the compensation for this
was to allow the company a
longer exclusivity period to
ready for full competition.
The FNM, though, is still
reviewing the Bluwater deal.

Join Cititrust

(Bahamas) Limited,

one of the most

established trust

organizations in the


We invite outstanding
individuals, wanting to build a
career in trust and estate
management services, to be part
of our dynamic global team. You
will interact with colleagues from
around the world and across the
organization, providing
specialized services to our high
net worth clients and theit

Interested Bahamian candidates
should forward a copy of their
resume by July 13, 2007 to:
Human Resources, Cititrust
(Bahamas) Limited, P.O. Box N-
1576, Nassau, Bahamas OR
Fax: (242) 302-8732 OR Email:



Reporting to our global Chief Trust Officer, the position is
responsible for providing legal support to our Risk, Product
Development and business development teams. Key
responsibilities include managing the legal review process for
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critical global projects, and liaising with product partners on the
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yourself to a career like no other


NOTICE is hereby given that DIAH FERINAND OF
PROVIDENCE, 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 27th
day of JUNE, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas


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 6TH day of JULY, 2007
to the Minister responsible for Nationality and Citizenship,
PO.Box N- 7147, Nassau, Bahamas.


NOTICE is hereby given that BALDWIN CELICOURT
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 6TH day of JULY, 2007 to the
Minister responsible for Nationality and Citizenship, P.O.Box
N- 7147,. Nassau, Bahamas. ,


NOTICE is hereby given that AGILUS PETIT of,
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
June, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.

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Legal Notice



(a) SEGUNA LIMITED is in voluntary dissolution under
the provisions of Section 137(4) of the International
Business Companies Act 2000.
(b) The dissolution of the said company commenced on the
5th July, 2007 when the Articles of Dissolution were
submitted to and registered by the Registrar General.
(c) The Liquidator of the said company is Verduro
Associated Ltd., Pasea Estate, Road Town, Tortola,

Dated this 4th day of July 2007

Verduro Associated Ltd.

C F AS L-r
Pricing Information As Of:
Thursday, 5 July 200 7
X. 'ALL SHARE INDEX' CLOSE 1.817.14/ 1CHG 01.35 %dHG 00.07 / YTD 140.95 / YTD % 08.41" '
52wk-Hi 52wk-Low Securit y Previous Close T,,aay Ciose Cnang.~ Dail ',,ol EPS O ,u P.E Yield
1.83 0.54 Abaco Markets 1.60 1.60 0.00 2.000 0.000 0.000 NIM 0.00%
12.05 11.00 Bahamas Property Fund 11.60 11.60 0.00 1.548 0.400 7.5 3.45%
9.41 7.49 Bank of Bahamas 9.40 9.40 0.00 0.733 0.260 12.8 2.77%
0.85 0.70 Benchmark 0.85 0.85 0.00 -0.013 0.020 N/M 2.35%
3.60 1.45 Bahamas Waste 3.55 3.60 0.05 1,500 0.279 0.060 12.9 1.67%
1.49 1.20 Fidelity Bank 1.48 1.48 0.00 0.064 0.020 23.1 1.35%
1074 9.00 Cable Bahamas 10.60 10.60 0.00 0.949 0.240 11.2 2.26%
2.35 1.80 Colina Holdings 2.35 2.35 0.00 0.281 0.080 8.4 3.40%
14.69 10.60 Commonwealth Bank 14.69 14.69 0.00 100 1.152 0.680 12.8 4.63%
6.00 4.22 Consolidated Water BDRs 5.99 5.99 0.00 0.112 0.050 52.6 0.85%
2.76 2.20 Doctor's Hospital 2.20 2.20 0.00 0.281 0.000 7.8 0.00%
6.40 5.54 Famguard 6.40 6.40 0.00 0.694 0.240 9.2 3.75%
12.70 11.50 Finco 12.61 12.70 0.09 1,050 0.787 0.570 16.1 4.49%
14.70 12.43 FirstCaribbean 14.55 14.55 0.00 0.977 0.500 14.5 3.44%
19.01 11.15 Focol 19.01 19.01 0.00 3.000 1.657 0.520 11.5 2.74%
1.00 0.54 Freeport Concrete 0.59 0.59 0.00 0.415 0.000 1.4 0.00%
10.20 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.200 17.6 2.76%
9.50 8.52 J. S. Johnson 9.50 9.50 0.00 0.868 0.570 10.9 6.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
., '"F" "" Fidelity Over-The-Counter Secuitles - .'.'
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ P/E Yield
14.60 12.25 Bahamas Supermarkets 14.g0 15.60 16.00 1.234 1.185 12.6 8.12%
10.14 10.00 Caribbean CrossiAgs (Pref) 6.00 6.25 10.00 0.000 0.640 NM 7.85%
0.54 0.20 RND Holdings 0.35 0.40 0.20 0.034 0.000 11.8 0.00%
" Colna Over-The-Counler Securittes .-.I
43.00 28.00 ABDAB 41.00 43 0' 1 '.: 2 22 0000 194 0.00
14.60 14.00 Bahamas Supermarkets 14.60 135 5, 1 1 2'4: 1 125 126 771%
0.60 0.35 RND Holdings 0.45 0.55 0.45 0.021 0.000 26.2 0.00%
BISX Usted Mutual Funds 1
52wk-Hi 52wk-Low Fund Name NA V YTD% Last 12 Months Div $ Yield %
1.3458 1.2956 Colina Money Market Fund 1.345841*
3.2018 2.9218 Fidelity Bahamas G & I Fund 3.2018"'
2.6819 2.3915 Colina MSI Preferred Fund 2.681688"
1.2443 1.1695 Colina Bond Fund 1.244286*."
11.5519 11.0691 Fidelity Prime Income Fund 11.5519*""'
FINDEX: CLOSE 821.01 / YTD 10.63% / 2006 34 47% ..;:
81IS kLL -AFE IriNDX 1I De. ...: ';': l'j *1.E MARKET TERMS YIELD last 12 month divldends divided by closg price NAV KEY
52wk-Hi Highest closing price in last 52 weeks Bid S Buying price of Colina and Fdelity
52wk-Low Lowest closing price in last 52 weeks Ask SSelling prce of Colina and fidelity 29 June 2007
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Close Current day's weighted price for daily volume Weekly Vol Trading volume of the pnor week 30 April 2007
Change Change In closing price from day to day EPS $ A company reported earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value 31 May 2007
DIV $ Dividends per share paid in the last 12 months N/M -Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1. 1994 = 100 ". 30 April 2007
... 31 May 2007
fAtl 'm- 1 *19 IGCOUbA'242 ---.7010 /I FIDELITY 242-356-7704 / FOR MORE DATA & INFORMAT4ON CALL (24 ..

rImu tOs, I-rUmAY, JULY 0, ZUU/




7:30 8:00 8:30 9:00 9:30 10:00 10:30

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Let Chk lie thke
13Ba amiLan Putappet cncd
kis sidekick IDerek pLtA
somee smiles om youL
kids's 1ces.





Bring Vyou children\ to the

MccHappy HloLc ait AcDonald's in

MaVclol'OLqOr x Street every Tkiursday

f'io1 3 p-' rn to 4; :3)-pnm CILIq 1lc
ii oIfl\ ft J1Ily 2007,

Enjoy Great Food. Prizes and Lots of Fun.

i'm lovin'it


PAGE 10B, FRIDAY, JULY 6, 2007




)| ( Calvin & Hobbes )

Contract Bridge

By Steve Becker

The Step-by-Step Approach

South dealer.
Both sides vulnerable.
*AJ 1053
S J 103 49862
YK 10752 VJ9843
+KJ7 +10954
*KQ 9742
The bidding:
South West North East
1 Pass 3 Pass
4NT Pass 5 Pass
5 NT Pass 6 Pass
Opening lead jack of spades.

How would you play this hand at
six diamonds to give yourself the
best chance for the contract?
The actual South won the spade
lead with the king and drew two
rounds of trumps. After cashing the
heart ace, he crossed to the spade
queen and ruffed the queen of hearts.
Declarer then led a spade to
dummy's ace and returned a club.
He was planning to play the eight

if East followed low. This would
force West to win and return a club
into the A-Q or yield a ruff-and-
discard, either of which would hand
South the contract
But East, having carefully ob-
served declarer's maneuvers up to
this point, threw a monkey wrench
into the works by playing his nine on
the club lead from dummy. Now,
whether South played the queen or
followed low, a club continuation by
the defense would sink the slam.
Actually, declarer was on the right
track, but he neglected to take ad-
vantage of an additional chance to
make the slam. After drawing trumps
and playing the heart ace, he should
have cashed both the ace and queen
of spades before leading the queen of
hearts from dummy.
If East has the king and covers
the queen, South can ruff, re-enter
dummy with a trump and proceed as
before. But if East does not produce
the king, declarer does not trump. In-
stead, he discards the eight of clubs,
forcing West to win the trick and
hand South the contract
The 50-50 chance that West has
the heart king is much too important
a possibility to ignore. Nothing can.
be lost by exploiting this extra
chance. If West has the king, the slam
is assured. If East has it, no harm has
been done.

HOW many words of
Ywsw^oi.,e. uaI.,io.ucw". aA four letters or more A .
can you make from A i
nIGER the letters shown --
here? In making a
word, each letter may
X R4H~t' FOL)R At4lV FoL)TP rMoIE PALL.Wbe used once only.
APPL.ES MN N Al is tLK AMl, (V B<6l 4AMf Each must contain the
TH6I HAN'... OU I AVE7 HAI K S 1 centre letter and there
S 1 must be at least one Y I I
I nine-letter word. No
plurals orverb forms
ending in "s", no words with initial capitals and no
words with a hyphen or apostrophe permitted. The R:
5 b first word of a phrase is permitted (e.g. inkjet in -
inkjet printer). t

Good 16; very good 23; excellent 31. .A
Solution tomorrow.
w I a"?

1 It's the truth that there's little money,
note, in chopping logs (6)
7 Fame is the key to the making of nice
men (8)
8 It helps you to focus on getting fifty
points (4)
10 Speaks of love surrounded by sin (6)
11 Dainty creature taking tipsy trips
before closing time (6)
14 One thing a housewife has to do (3)
16 Upright citizens of Warsaw, say (5)
17 Left a drunken sot plenty (4)
19 Destined to be in association with
Eoavard (5)
21 Doubly obtained from a dogmatist (5)
22 Wherein the women rush a lot? (5)
23 The break of dawn can be magic (4)
26 To one's knowledge, a symbol (5)
28 Only Mother Nature can make light of
it (3)
29 Possibly any she animals (6)
30 Finished in court, bul hidden (6)
31 Less than honest individuals (4)
32 Signs of displeasure when an
unpopular woman drops in (8)
33 How thanes would rush around? (6)

Yesterday's cryput suiu, ons
ACROSS: 1, Specs 6, Sa-U-ce 9, Lib-era-l 10, Steep 11,
Igloo 12, Polly 13, Nos-ega-y 15, Dew 17, Elms 18,
Bra-l-se 19, Stars 20, Re-ally 22, Doze (does) 24, Sir 25,
Sweater 26, Act-on 27, Shark 28, Eagle(.I) 29, Getting 30,
Prior 31, Del-la
DOWN: 2. Pel-rol 3, CL-Eves 4, Sip 5, Decoy 6. Sailors 7,
Algy 8, C-loves 12, Pasty 13, N-ears 14, Smear 15, Divot
16. Weser 18, Bro-W-n 19, Slacker 21. E-it-her 22,
Dam-age 23, Zeal-ol 25, South 26, Argo 28, E-N-D

1 Good composer, but stony (6)
2 Part songs, perhaps? (6)
3 Without being diminished? (4)
4 Not much, but it may be a
little cutting (7)
5 It's known lor its pace! (5)
6 Goddess of unnamed cereals (5)
8 Rollover to one side? (4)
9 An original piece of fine
workmanship (3)
12 Is he always getting stick? (3)
13 A part jointly included (5)
15 Fights a war over pay? (5)
18 Cry of joy upon the birth
of an heir? (2,3)
19 If coming up right, it can grow to
some height (3)
20 But he may be called"Ginger" (3)
21 Mad about fruit (7)
22 The party type? (3)
23 Hesitates to be permanent
hairdressers! (6)
24 They're of one accord (4)
25 An arresting thing to do (6)
26 In broad terms, stupid (5)
27 He may go lor a hike around the
outback! (5)
28 Put on the river? (3)
30 Strike, possibly causing
much shock (4)

I I ~J

Yesterday's easy solutions
ACROSS: 1, Chest 6, Stock 9, Artiste 10, Saucy 11, Ample
12, Sharp 13, Benefit 15, Toe 17, Enid 18, Renown 19,
Habit 20, Opener 22, Seam 24, Mar 25, Legally 26, Manor
27, Lapel 28, Bison 29, Edition 30, Desks 31,
DOWN: 2. Heaven 3, Sacked 4, Try 5, Light 6, Starlet 7,
Temp 8. Callow 12, Sitar 13, Besom 14. Niger 15. Towel
16, Enemy 18, River 19, Heralds 21, Parade 22. Saline 23.
Almost 25, Lotto 26, Meek 28, Bop

1 Drunk (6)
7 Respectful (8)
8 Paying passenger (4)
10 Friends (6)
11 Easy (6)
14 Mountain (3)
16 Satisfied (5)
17 Encourages (4)
19 Less (5)
21 Acceptable (5)
22 Dead language (5)
23 Ranch (4)
26 Model (5)
28 Label (3)
29 Edge (6)
30 Insect (b)
31 Leave out (4)
32 Kindness (8)
33 Wooden peg (6)

1 Act (6)
2 Follows (6)
3 Minerals (4)
4 Corrupted
5 Subtract (5)
6 War-horse (5)
8 Banner (4)
9 Agent (3)
12 Vehicle (3)
13 Prise (5)
15 Keepsake (5)
18 Dutch cheese (5)
19 Obese (3)
20 Be victorious (3)
21 Brave (7)
22 Insulate (3)
23 Conlronting (6)
24 Adjoin (4)
25 Cause (6)
26 Picture (5)
27 Mistake (5)
28 Male cat (3)
30 Mislaid (4)




ARIES March 21/April 20
You are known for your courage,
Aries, but unchecked it can spill over
into recklessness. Your task this week
is to discern the difference between
calculated risk and foolhardiness.
TAURUS April 21/May 21
You will take a closer look at rela-
tionships this week, TaurLs. But
don't be too hasty when making
your decision you may feel dif-
ferently by the end of the week.
GEMINI May 22/June 21
Your instincts may tell you that the
best way to deal with a problem is to
beat it into submission, but that
approach won't work this week,
Gemini. Find a more subtle approach.
CANCER June 22/July 22
You have the confidence to try new
things this week, Cancer, but try not
to get ahead of yourself. Make sure
you spend some time observing and
doing research before striking out
on your own.
LEO July 23/August 23
While yoti'll get a lot done this week,
you may also step on the toes of those
who don't think or act as quickly as
you do. Be mindful there are
gentler ways to make your mark.
VIRGO Aug 24/Sept 22
You have what it takes to succeed,
Virgo. You simply have to learn to
be more adventurous. Think big,
aim high and don't hold back -
you deserve the best!
LIBRA Sept 23/Oct 23
Cooperation will be the key to your
success this week, especially later in
the week, when others will go out of
their way to help at the office -
provided you give a little in return.
SCORPIO Oct 24/Nov 22
Your indomitable will is sure to be on
display this week, Scorpio, making it
especially difficult to get along with
those in authority. Sooner or later
they'll use their power to rein you in.
Your desire to see only the good in
others is honorable, but it could
cause problems as others attempt to
take advantage of your trusting
nature. Don't let them pull the wool
over your eyes!
CAPRICORN Dec 22/Jan 20
Leave your worries behind this
week, Capricorn. You've got the
magic touch; success lies ahead, and
those you love won't hesitate to
love you back.
AQUARIUS Jan 21/Feb 18
You're feeling ambitious, but try
not to be too pushy this week. If you
come on too strong, you may
frighten away potential allies. Play it
sweet and gentle.
PISCES Feb 19/March 20
This is a great time of year for you. In
spite of your innate shyness, it will be
extremely easy for you to get along
with strangers. A chance encounter
may lead to romance.

I -O O yon Or

Tigran Petrosian v Stephen
Gordon, European
championship, Dresden 2007.
Petrosian? Isn't he a long
deceased world champion?
Right, but today's Tigran P is a
much younger version whose
proud patriotic parents named
him after Armenia's chess hero.
It could have been worse. On
the day Tigran the older won the
world title triplets born in
Erevan were named Tigran,
Vartanovich (T's second name)
and Petros. While the legendary
Petrosian was a master of deep
strategy and wily defence, his
successor is a moody tactical
caveman who goes for broke in
most of his games and as a
result is just as likely to appear
at the bottom as at the top of
the scoretable. Manchester's
Gordon prepared well for their
final-round battle in Dresden,
and looked well placed when he


established a strong d3 knight
inside the white defences. Then
Petrosian the younger hit back
with a mazy sacrificial sequence
which quite bemused the
Englishman, and the game
reached today's diagram which
has level material, bishop and two
pawns against rook. White (to
play) was on a roll, and his next
turn proved crushing. Can you spot
Petrosian's winning move?

Chess solution 8398:1 Bb6! Qxb6 (else White wins a
rook) 2 Q7- KdS 3 Qd7 mate

* U







N ii iOO I F




Partly sunny and hot. Partly cloudy. Partly sunny and hot. Hot with several Hot with several Partly to mostly
hours of sunshine. hours of sun. sunny and hot.
High: 92 High: 920 High: 92 High: 92*
High: 920 Low: 780 Low: 780 Low: 800 Low: 800 Low: 800i

830 F 8 F 1 1000.85* F 100*-87 F 1 1i00-87'IF 1 100*-87* F
The exclusive AccuWeather RealFeel TemperatureO is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure, and
elevation on the human body-everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day.






The higher the AccuWeather UV Index" number, the
greater the need for eye and skin protection.


Today 12:30 a.m.
1:01 p.m.
Saturday 1:23 a.m.
1:58 p.m.
Sunday 2:21 a.m.
2:58 p.m.
Monday 3:23 a.m.
4:02 p.m.

Ht.(ft.) Low
2.7 6:41 a.
2.8 7:18 p.n
2.5 7:31 a.
2.9 8:21 p.n
2.4 8:24 a.n
3.0 9:27 p.n
2.3 9:22 a.n
3.0 10:33 p.

Sunrise...... 6:25 a'm. Moonrise...
Sunset .......8:04 p.m. Moonset....
Last New First

Jul. 7 Jul. 14 Jul. 22

Low:. W F2rC

Shown is today's weather. Temperatures are today's
highs and tonight's lows.

Today Saturday
High Low W High Low W
Anchorage 71/21 55/12 sh 70/21 55/12 pc
Atlantic City 84/28 66/18 pc 87/30 65/18 s
Boston 84/28 64/17 t 82/27 64/17 t

Charleston, SC 93/33 74/23 pc 92/33 72/22 t

Cleveland 80/26 60/15 pc 87/30 67/19 pc
Denver 93/33 61/16 s 97/36 63/17 s

Honolulu 88/31 76/24 pc 88/31 76/24 pc

Today Saturday
High Low W High Low W
Jacksonville 92/33 73/22 t 93/33 73/22 t

Las Vegas 112/44 84/28 s 110/43 84/28 s
Los Angeles 84/28 66/18 pc 82/27 65/18 pc

Memphis 86/30 72/22 t 87/30 73/22 pc
Minneapolis 89/31 69/20 pc 94/34 74/23 pc
New Orleans 90/32 76/24 t 93/33 76/24 t

Oklahoma City 88/31 67/19 pc 90/32 68/20 pc
Orlando4 -233 74/23t 92/3.357"3 t

Low W

55/12 c.


Athens 88/31 70/21 s
Bangkok 90/32 79/26 t

High Low W

66/18 54/12 c
91/32 73/22 s
90/32 78/25 t

ABACO Today:

ESE at 7-14 Knots 1-3 Feet
ESE at 6-12 Knots 1-3 Feet
SSE at 6-12 Knots 1-2 Feet
SE at 5-10 Knots 1-2 Feet
SE at 6-12 Knots 1-3 Feet
SE at 6-12 Knots 1-3 Feet

Barcelona 78/25 65/18 s 78/25 68/20 s
Ht.(ft.) Beirut 77/2577/25 s 78/25 76/24 s
m. -0.1
.- 0.2 Berlin 70/21 48/8 c 66/18 52/11 c
m. 0.2 Bogota 64/17 46/7 pc 64/17 48/8 pc
m. 0.0
ni. 0.2 Budapest 82/27 54/12 pc 84/28 57/13 s
m. 0.0
m. 0.2 Cairo 99/37 77/25 s 101/38 75/23 s
a lgy 92/33 57/13 t 71/21 52/11 c
Caracas 82/27 68/20 t 81/27 68/20 t
12:16 p.m. Copenhagen 69/20 57/13 r 65/18 54/12 r

Halifax 64/17 53/11 r 69/20 56/13 pc

Jul. 29 Helsinki 75/23 57/13 c 73/22 59/15 t
Islamabad 99/37 82/27 pc 101/38 76/24 pc:
Jerusalem 84/28 62/16 s 84/28 63/17 s
Kingston 91/32 81/27 pc .88/31 78/25 pC
London 70/21 52/11 pc 70/21 52/11 po
Manila 85/29 78/25 t 91/32 78/25 t!
S Monterrey 88/31 73/22 t 95/35 74/23 pc
Moscow 76/24 54/12 pc 69/20 49/9 c
Nairobi 70/21 46/7 r 72/22 49/9 c

Oslo 72/22 55/12 Pc 68/20 55/12 t
Prague 70/21 49/9 pc 76/24 51/10 pc
Riyadh 108/42 86/30 s 107/41 77/25 s
St. Thomas 88/31 79/26 s 89/31 79/26 t
San Salvador 88/31 70/21 pc 88/31 72/22 pc
Santo Domingo 90/32 75/23 t 86/30 74/23 pc
Seoul 80/26 71/21 pc 81/27 71/21 pc
Syind 61/16 49/9 pc 60/15 46/73p c
Tokyo 83/28 71/21 pc 81/27 72/22 sh
Trinidad 91/32 69/20 s 91/32 70/21 s
Vienna 73/22 54/12pc 77/25 57/13 s

Winnipeg 84/28 65/18 pc 87/30 63/17 pc
Weather (W): s-sunny, pc-partly cloudy, c-cloudy, sh-showers, t-thunder-
storms, r-rain, sf-snow flurries, sn-snow, I-ice, Prcp-precipitation, Tr-trace

5-7 Miles
6-7 Miles
4-7 Miles
6-7 Miles
4-7 Miles
6-7 Miles

85* F
85 F
84* F
840 F
83 F
83 F


....... r"


laws I
--------- --------



FRIDAY, JULY 6, 2007
For Our



Nassau Chambers
Sassoon House
Shirley Street &
Victoria Avenue
PO.Box N-272
New Providence,
Tel: (242) 322-4130
Fax: (242) 328-1069

Freeport Chambers
The First Commercial
3rd Floor, Suite 9
P.O.Box F-42451
Freeport, Grand Bahama,
Tel: (242) 351-7474
Fax: (242) 351-7752

Dollar rises against

euro, pound after

strong US service

sector report

dollar rose against the euro
and the pound Thursday after
an unexpectedly strong report
on the United States service
economy overshadowed wide-
ly anticipated interest rate
decisions in Europe and
The European Central Bank
held its key rate steady at four
per cent in the 13-nation region
that shares the euro, while the
Bank of England boosted its
benchmark rate a quarter of a
percentage point to 5.75 per

The euro rose as high as
$1.3658 after the ECB deci-
sion, but later fell to $1.3598
in late New York trading. The
dollar bought $1.3603 euro on
Tuesday. US financial markets
were closed Wednesday for the
July 4th holiday.
The pound, which has been
trading at 26-year highs against
the dollar, rose to $2.0200 after
the Bank of England lifted its
key rate to a six-year high. It
was the BOE's fifth such move

in a year to contain rising
prices and a booming housing
After the strong US service
sector report, however, the
pound fell to $2.0123. The dol-
lar bought $2.0166 pound on
The Institute for Supply
Management reported that its
index of business activity in the
US services sector rose to a 14-
month high of 60.7. The read-
ing beat May's level of 59.7
and Wall Street's expectation
of 58.1, and marked its high-
est level since April 2006.

Also Thursday, the US
Labour Department reported
that new applications for
unemployment insurance rose
by a seasonally adjusted 2,000
to 318,000 for the week end-
ing June 30.
In other New York trading,
the dollar rose to 122.88 Japan-
ese yen from 122.43 yen late
Tuesday. The dollar bought
1.0566 Canadian dollars, down
from 1.0605, and 1.2169 Swiss
francs, up from 1.2160.

'Mertrfi the ncwdA of, divrrttirs,
ind rai11er jturi*o ateli wto do
a xg.1 job, The TriOfnie fs
mIy newspaper."


The Tribune
/# v, m 1 P WY!/ :-


~---~`----II-^ `~-'-~I ----- I^ I


PAGE 12B, FRIDAY, JULY 6, 2007

Scotiaba :nk'



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- a *


34 years of an

Independent Bahamas

The Abaco Club 1-888-303-2765 242-367-0077 Abaco. The Bahamas www theabacoclub cor

RBC Royal Bank of Canada & RBC FINCO


o' up-ft-o nf




Jr,`g ffj
w''g w
- U-L L~ D


? occcaJ(Y


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* 9.





? I^

Happy Independence Bahamas!


'A I i

T. Ir1TrT



Inspired by the sun...






<3?Vt^ aoLQ



* By Tribune staff writer

Bahamas has been
dominated by-one
name Anna Nicole
The tale of her baby's birth,
her son's death, her own death
and the legal wranglings sur-
rounding all these events has
been described by one promi-
nent journalist as "the greatest
human interest story of all time."
Little wonder, then, that the
Bahamas became the focus for
media from all over the world,
even as far away as Japan and
China. Every night, for months
on end, United States cable
channels were devoting entire
programmes to Ms Smith and
her various travails.
The many twists and turns in
what proved to be a very tragic
saga gripped the imagination of
people from Tokyo to Tasmania,
New York to New Zealand.
Newspapers big and small were
beguiled by it.
Whether the Bahamas
emerged well from the experi-
ence is a matter for debate. Cer-
tainly, it prompted the legal
authorities to act with a measure
of efficiency rarely witnessed in
recent times. And the free pub-
licity was immeasurable.
Howard K Stern, Larry Birk-
head and all those associated
with them received swifter jus-
tice than most Bahamians could
ever wish for. Under media
scrutiny, the court system came
through, though foreigners are
still bemused by the constitu-
tional challenge which halted the
Daniel Smith inquest in its
As with most things in the
Bahamas, the Anna Nicole story
had enormous political implica-
tions. Immigration minister
Shane Gibson was brought down
by his association with the for-
mer cover girl. And there is little
SEE next page

BDO Mann JuddB

year of



* CLOSE ENCOUNTER As with most things in the Bahamas, the Anna
Nicole story had enormous political implications. Immigration minister Shane
Gibson was brought down by his association with the former cover girl. And
there is little doubt that the Progressive Liberal Party's poor handling of all matters
pertaining to Ms Smith helped to trigger its downfall. Shown above is the front page
of the Monday. February 12. 2007 edition of The Tribune

* Accountancy
and Assurance

* Business

* Forensic

* Management

* Corporate Finance Organizational
& Human Resources
* Corporate Management
& Insolvency Strategic Planning

* Corporate Services
& Management

2nd Floor Ansbacher House

PO Box N-10144 Nassau Bahamas
Tel 242 325-6591, *Fax 242 325-o592
Email: info@bdomanniudd.com


Congratulations & Best Wishes

on your






We salute the Bahamas on 34 years of
Independence... And we thank our customers
for 43 years of support!
The success of our Dairymaid brand has inspired us
to offer more quality Bahamian-made products for
your enjoyment.
Try our fabulous variety of ice cream flavours, our
rich creamy egg nog,wholesome Dairymaid
milk and thirst-quenching drinks.
Available at your favourite food
At" '. store in four convenient sizes.

I.pi c o iI i L


I~t 19B





at a glance

Outside of Nassau, the biggest story remains the fate of Freeport, which has been the focus
of an unseemly power struggle involving one its founders, Sir Jack Hayward (centre), and
* PRIME Minister Perry Christie's (inset) leadership became the focal point, and specifically his adversaries from the family of his late partner, Edward St George.
ineffectiveness in dealing with thq various controversies raging around him. In the end, the elec-
torate opted for the more decisive approach of Hubert Ingraham (above), seeing the PLP as an
out-of-control rabble whose self-serving attitude to politics could no longer be countenanced.

FROM page 4

doubt that the Progressive Liberal
Party's poor handling of all matters
pertaining to Ms Smith helped to
trigger its downfall.
From September, 2006, right
through until May, 2007, the Anna
Nicole tragedy became enmeshed
in the run-up to the general elec-
'i Commentators speculated on the

impact it would have on the gov-
ernment's chances, and most
thought it represented one scandal
too far in an administration riddled
with wrong-doing almost from day
Even in death, Anna Nicole had
the potential to wreak havoc. The
"little dark cloud" she referred to
as always being over her head cast
a huge shadow over Shane Gibson
and his colleagues as polling day

If Anna Nicole was the single
biggest story of the year, the elec-
tion itself took second place, even
though the official campaign was
the shortest on record.
Prime Minister Perry Christie's
leadership became the focal point,
and specifically his ineffectiveness
in dealing with the various contro-
versies raging around him.
In the end, the electorate opted
for the more decisive approach of
Hubert Ingraham, seeing the Pro-

gressive Liberal Party as an out-of-
control rabble whose self-serving
attitude to politics could no longer
be countenanced.
Even so, the Free National
Movement's majority was a little
too slim for comfort. It now
remains to be seen whether the
government will be able to com-
plete its full five-year term.
Outside of Nassau, the biggest
story remains the fate of Freeport,
which has been the focus of an

unseemly power struggle involving
one its founders, Sir Jack Hayward,
and adversaries from the family of
his late partner, Edward St George.
There is also a huge question
mark over the city's long-term eco-
nomic health. Having once been
the Bahamas' city of hope,
Freeport now struggles to make its
way in the world.

SEE next page

Small and Medium Business



"Building Bridges to the Future"

We provide Financing to Bahamian
Entrepreneurs with sound business ideas in many
areas, including:

Agriculture Tourism Fisheries Light Industries
*Transportation Service Enterprises
Micro Enterprises Other Commercial Enterprises


327-5780 (NASSAU) 352-9025 (FREEPORT)
367-2489 (ABACO)

Cable Beach, West Bay Street
P.O. Box N-3034, Nassau, Bahamas
Tel: (242) 327-5780/6
Fax: (242) 327-5047
Cable: "Devbank Nassau"

2nd FloorBank of the Bahamas Bdg.
Woodstock & Bank Lane
P.O. Box F-42573
Tel: (242) 352-9025
Fax: (242)352-4166

Garnett Archer Plaza
Queen's Elizabeth Drive
P.O. Box AB-20956
Marsh Harbour, Abaco
Tel: (242) 367-3573/367-2489
Fax: (242)367-4735








- IA
N 1i

BIiEaa-" "-,-Ea t IL

*47--44 __III

* BODY BAG Crime remains the primary social problem,
especially in Nassau, where the murder rate continues to
escalate alarmingly.

'The year of Anna

Nicole Smith'

at a glance

FROM page 5

For the outgoing Progres-
sive Liberal Party govern-
ment, defeat was particularly
sour because rejection came
after only one term on the
back of a reasonably buoyant
For the first time, it
seemed, Bahamians were
prepared to vote on the basis
of more than pure economic
There were points of prin-
ciple to consider in the 2007
campaign, and the Progres-
sive Liberal Party depicted
as corrupt and incompetent
b'y its detractors fell victim
to the media fallout.
Crime remains the primary
social problem, especially in
Nassau, where the murder
rate continues to escalate
alarmingly. The new govern-
ment will ultimately be
judged by its, effectiveness in
getting the situation in check.
As things stand, crime poses
a threat to the increasingly
fragile tourist economy.
The coming 12 months
promise many things, includ-
ing continuing success at
Atlantis and the prospect of
the Baha Mar development
at Cable Beach.
But there are still major
obstacles to be overcome if
the tourism industry is to
maintain any kind of momen-

Lynden Pindling Interna-
tional Airport remains a
shambles. It requires urgent
attention. Downtown Nassau
- particularly east of Rawson
Square is seriously sub-
standard and must be
addressed if cruise ships are
to be lured here.
Hubert Ingraham and his
team therefore face an unen-
viable task, balancing contin-
uing economic development
against the costly correction
of a variety of social woes.
In the Family Islands, Aba-
co remains the premier suc-
cess story, with an economy
based to a great extent on
wealthy second-home own-
ers, whose comings and
goings generate healthy rev-.
However, the jury is still
out on the Progressive Liber-
al Party's much-vaunted
"anchor project" initiatives
for other islands. Though job
creators and revenue earners,
such projects can often upset
the social balance of entire
communities. Whether their
virtues outweigh their faults
remains to be seen.
The year of Anna Nicole
and the general election
therefore leaves the Bahamas
with much in prospect, but
also some daunting chal-
lenges. There is certainly no
room for complacency.

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* NEW DEVELOPMENTS The coming 12 months promise many things, including continuing success at Atlantis
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Taking the oath

E TAKING THE OATH A youthful Lynden Pindling takes
the oath of office as Premier of the Bahamas after the 1967
general election, which brought the Progressive Liberal Par-
ty (PLP) to power for the first time with the help of Labour
member Randol Fawkes and Independent Alvin Braynen.
(FILE photo)



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'I'm proud to be Bahamian'

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* INSPECTING THE GUARD Former Governor-General Dame Ivy Dumont
inspects the guard during Independence Day celebrations

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Rest in peace: Significant figures

* By Tribune staff writer

Bahamian life passed on dur-
ing 2006-2007, including a
political pioneer and the man
considered to be the future of
The death of Cyril Stevenson, one
of the founders of the PLP, was not
unexpected, as he had been in failing
health for some time, but the tragic
demise of Howard 'Butch' Kerzner
shook the nation.
Kerzner was killed in a helicopter
crash in the Dominican Republic
while inspecting possible sites for a
One and Only Club development.
His death rocked the entire Kerzn-
er International organisation, and
dealt a major blow to the Bahamas
itself, which had become the young
entrepreneur's adopted home.
There is no doubt that the likeable
Butch, a family man with a love of
serious reading, was considered to be
the future of the Kerzner empire -
and, of course, its Paradise Island
resort, which for more than a decade
has provided the foundation of Nas-
sau's economy.
For his father Sol, Butch's untime-
ly death was both a personal calamity
and a business disaster. For Butch was
a down-to-earth visionary who shared
his father's remarkable flair and ener-
gy, and his ambitions for their devel-
oping empire.
Cyril Stevenson's death drew anoth-
er veil across a political era fast fading
into history.
His political heyday was in the
1950s, when he and some political col-
leagues began the movement against
the Bay Street Boys which would cul-
minate with majority rule in 1967.
Together with the likes of Sir Hen-
ry Taylor and William Cartwright,
Stevenson founded the Progressive
Liberal Party, which would later rule
the land for 30 years under Sir Lynden
Pindling and, later, his protege, Perry
Stevenson and Cartwright both
mixed blood radicals grew to regret
creating what the PLP was to become,
but their place in history was assured

SEE next page

* CYRIL Stevenson's (above)
death drew another veil across
a political era fast fading into

* THE tragic demise of
Howard 'Butch' Kerzner shook
the nation

Counsel and Attorneys-at-Law, Notaries Public

Nassau London



P. C. Box N-4875
Fort Nassau Centre
Malborough Street
Nassau, The Bahamas
Tel. (242) 502.5000

No. 1 Cornhill
London EC3V 3ND
United Kingdom
Tel. (44) 207.743.6490

i nfo@lennoxpaton. com
w w w.lenroxpaton.com




in Bahamian life pass away

FROM page 10

because of the party's undeniable place
in the modern Bahamas.
Though Pindling, on returning from
law school in Britain, was to become
the dynamic young leader of the PLP, it
was Stevenson and his group who
would forever be heralded as the move-
ment's founders.
Outside of politics, Stevenson was
also a fiery, and competent, journalist
whose exploits were to assure his
prominence over many years. He was
best-known for running the Herald, a
radical journal which eventually went
out of business, but made a lasting
impression on the media scene.
In 1959, Stevenson caused a furore in
the House of Assembly when he all but
named the late realtor Sir Harold
Christie as the killer of Sir Harry
Oakes, whose murder in 1943 was to
become one of the great crime myster-
ies of the 20th century.
Lady Marie Dupuch's death early
this year at the age of 101 also ended an
era, for she was one of the last surviving
members of the generation whose
youth was lived out between the wars.
Born of Pennsylvania Dutch stock,
arid a highly capable horsewoman in
her day, Lady Dupuch was the widow
of The Tribune's long-serving editor
and publisher, Sir Etienne Dupuch.
She and Sir Etienne built their lives
round their newspaper and their six
children, whose inspiring life at their
Camperdown farmstead home has been
well-recorded in Sir Etienne's books.
It was always his contention that she
was the hub and core of his life, and
that he was never happier than when in
her company.
She survived her husband who ran
The Tribune for an amazing 53 years
before his partial retirement in 1972 -
by 16 years, even though he lived to
the grand old age of 91.
Winston Saunders, husband of the
Bahamian historian Dr Gail Saunders,
was a key figure in Bahamian culture,
making his mark as a playwright and
active supporter of the arts.
His death was a major blow to Nas-
sau's creative community. One observ-
er said: "He was probably the most sig-
nificant figure on the Bahamas' cultur-
al landscape, and is almost certainly



* LADY Marie Dupuch's
(above) death early this year
at the age of 101 also ended
an era, for she was one of the
last surviving members of the
generation whose youth was
lived out between the wars.

death was a major blow to
New Providence's creative

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A member of the Royal
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the Bahamian flag during the
firework display at Clifford Park
- part of the Independence
Day celebrations
(FILE photo)


PAGE 10E, FRIDAY, JULY 6, 2007

Opposition FNM delegates attend

Independence talks in London, 101'7

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* IN DAYS GONE BY Shown are the Free National Movement (FNM) delegates to Independence talks on Saturday December 9, 1972. Members of the opposition FNM team who c;lltnd-
ed the London Independence talks are shown before their departure. From (I-r) are Senator Orville Turnquest, St John's representative Noel Roberts, who was attending in an advisory capac-
ity, FNM leader Kendal Isaacs, QC, Senator Arthur Foulkes and legal adviser Eugene Dupuch, QC.
... .. ..... . . .,t :: ....--. :. " (FILE ph in ) ,


FRIDAY, JULY 6, 2007, PAGE 11E

PAGE 12E, FRIDAY, JULY 6, 2007


Changing up 'the face' of art and



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(FIk Su Ils pa io
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* THE front page of the April 4, 2007 edition of The Arts
(FILE photo)

* By Tribune staff writer
Exploding onto the
public sphere as
never before,
Bahamian artists
elevated their work as they
sought out a greater number
of avenues through which to
share their passion with their
Bahamian audience.
From joint exhibitions that
featured artists from Grand
Bahama, to the continuing pro-
gression of the Transforming
Spaces series that took
Bahamians across New Provi-
dence to almost a dozen gal-
leries and introduced them to a
wide array of artists, and the
creation of a Welcome Centre
at the junction of JFK and
Blake Road, the face of art in
the Bahamas has never before
been seen as clearly.
A landmark project, the
Welcome Centre, located on
the grounds of the New Provi-
dence Community Church, was
officially opened in February
and included a replica of
Clifton Pier's Sacred Spaces.
Created to be a specific, his-
torical memorial in that loca-
tion, it was also meant to
reflect and embody the artist's,
Antonius Roberts and Tyrone
Ferguson, personal philoso-
phies of conversation, trans-
formation and preservation.
The NPCC, the Ministry of
Tourism and Kerzner Interna-
tional the agencies collec-
tively known as Partners in
Public Art joined forces with
the artists to support the con-
struction and completion of the
While Mr Robert's sculptur-
ing and Mr Ferguson's metal-
work form the basis of the pro-
ject, lesser known Bahamian
artists also lent their talents in
the construction of a vibrant
art market on site.
Emerging art forms also
made great strides during the
year as jewellery makers,
including Kim Riedel and Dar-
cy Moss, held several joint

exhibitions revealing a
diverse array of styles, motifs,
compositions and materials
within the industry.
One of the artists that came
to the fore during the period
was Dr Desiree Cox. Making
her voice heard as she accept-
ed the challenge to put brush
to canvas and introduce some-
thing beautiful to the world,
Dr Cox was relentless in pre-
senting a new perspective, at
times combining the art form
with jazz, at other times intro-
ducing poetry and spoken
word performances to com-
plete the space that her art
work stood in.
Her 'Spirits in a Material
World' exhibition also helped
highlight the opening of the
Sine.Qua.Non Gallery an
innovative space that combines
the cutting edge work of its
core, highly individual Bahami-
an visual artists Nicole Collie,
Livingston Pratt and Dr Cox -
with jazz and contemporary
folk music, the visual arts and
Long established art spaces,
such as the Central Bank of
the Bahamas, continued to
provide a platform for up and
coming talents, and among
them was Kaleidoscope, the
first Annual Art Educators
Exhibition hosted by the
Bahamas Union of Teachers,
held at the Central Bank's
Not to be forgotten, the
National Art Gallery of the
Bahamas maintained its posi-
tion as a safe space for artists.
Whether the artists sought to
push the boundaries of what
is considered art or struggled
to give voice to some social
injustice or simply stood for all
that was beautiful in this world
- the gallery remained an
important bookmark in the
world of Bahamian art and for
Bahamian artists.
Its Artist Talk forum was



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'island life' to life

Exlklitlo of oil palitilsa displays a s slaIf sar atal8aal calture'
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'Historical Flashback'

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N THE front page of the May 23, 2007 edition of The Arts

SEE next page

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(FILE photo)



entertainment in the Bahamas

FROM page 8

also an important step in bringing the Bahamian public
into the world of art, as it invited Bahamians to meet the
artists whose work they had become familiar with. The
NAGB also looked to offer other opportunities/classes
that provided students, artists and would be artists with
a creative outlet.
Art International, which brings together Bahamian
and international artists, continued to play an important
part in the local landscape, showcasing more than 45 new
works during its latest exhibition.
Capturing the imagination of the people of the
Bahamas, the exhibition did a tremendous job in expos-
ing Bahamians to the work of artists from around the
world, and providing a subtle context through which to
view artists of Bahamian heritage.
Doongalik and Popop Studios also played significant
roles in providing the necessary space needed to give
birth and encouragement to new and established artis-
tic talent, from Soraya Chemaly's first art exhibition,
"Splendid Spring", held at Doongalik, to the work of
Jonathan Murray and Natasha Turnquest in Spelunkin,
at Popop Studios.
Other industries also looked to tap into the talents of
Bahamian artists. Baha Mar, in an effort to respect the
culture of the Bahamas, invited local artists to submit
work that would be displayed in public places in the
resort. The work of Otis Forbes captured the first place
spot, while Derek Smith and Eric Rose, both photog-
raphers, captured the second and third place spots
Definitely one of the greatest accomplishments in the
Bahamian entertainment scene during 2006/2007 was
the filming and completion of Maria Govan's film, Rain,
which is set to be released later this year. Serving as pro-
ducer/director, Govan's drive to see her vision come to
fruition brought together an all star, multinational cast
and crew.
Written by Govan, Rain tells the story of a young
girl determined to reconcile with the mother who aban-
doned her when she was just a toddler. Having lived a
sheltered life on Ragged Island, the death of Rain's
grandmother forces her to get out and explore the world
on her own. Upon arriving in Nassau, the young girl is
overwhelmed by the sights of the big city, and soon
finds her idealistic illusions shattered as her mother's
deviant and destructive lifestyle become evident to her.
On a sad note, the year 2007 also saw the passing of
two Bahamian icons, Viveca Watkins, who died April 9
at the age of 55, and Calvin Lockhart, who passed away
March 30 at 73.
Well loved by her audience, Viveca's exuberance and
larger than life personality made her a star early on.
She was an actress, comedian, radio and television per-
sonality, who first became a household name as part of
the James Catalyn and Friends revue.
Best know for his role of Biggie Smalls in the 1975

lO tertaB1 etemtainment
i mm

Bahamas st to host 2008
Caribbean Festival of Arts

It 4

film, Let's Do It Again the American rapper Notorious
BIG would later adopt the alias as his own Lockhart
would experience modest success in American Cinema
- starring in such movies as Predator 2 (1990), Coming to
America (1988), Cotton Comes to Harlem (1970) and
Uptown Saturday Night (1974).
Lockhart would return to the Bahamas in the late
1990s, but his acting days were far from behind him. His
last role was in the 2006 Maria Govan film, Rain.
During the 2006/2007 period, the country's tourism
sector would return to the entertainment sector, as
Cable Beach Resorts opened a new Las Vegas style
revue, Jambalaya, that used both Bahamian and Amer-
ican performers. The resort further established itself as
a primary entertainment venue by bringing in Patti
LaBelle, the Pointer Sisters, LeAnne Rimes and Howie
As Bahamians looked to create additional avenues to
share their talents with the world, Patricia Chatti,
brought a new musical movement to the fore. Make
Em' Listen, a subsidiary of Flip Flop Entertainment,
was created to give a platform to Bahamians who have
an alternative sound, producing neo soul, hip-hop, rap,
pop, R&B and jazz. Among the artists to utilise this-
forum were Terneille "Tada" Burrows, who launched
her newest album, F5 at Club Envy one of the hottest
night spots to emerge during the year, and Alia Coley.
The Nassau Music Society also had an exciting year, 0 THE front pa
with a number of high profile artists, including Yuri
Bashment, giving concerts during the 2006/2007 season.

age of the April 4 and June 6 editions of Entertainment

(FILE photo)

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(t NC A .%\D %I ON E([',i'f-LAW







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FRIDAY, JULY 6, 2007, PAGE 13E




itI n p d IB I

* HAVING A BALL Prince Charles and Mrs Marguerite Pindling have a swinging time at the Independence Ball
(FILE photo)

* AT THE PODIUM When Prince Charles (above) hand-
ed over control of the Bahamas from the old British colonial
administration to Prime Minister Lynden Pindling's govern-
ment in 1973, it was inevitable that royal links would loosen
with time...

How long will it be

before the Bahamas

becomes a republic?

Charles hand-
ed over con-
trol of the
Bahamas from the old
British colonial administra-
tion to Prime Minister Lyn-
den Pindling's government
in 1973, it was inevitable that
royal links would loosen with
Well, now the Bahamas
Constitutional Commission
has recommended that the
country become a republic,
with its own Bahamian head
of state instead of a London-
based monarch whose rele-
vance seems to get weaker
by the year.

As the Bahamas' future
now seems much more close-
ly bound up with the United
States than Britain, it's prob-
ably only to be expected that
it should go down the same
governmental route.
The US has now been a
republic, with its own presi-
dent, since 1776. How long
will it be before the Bahamas
follows suit?
Even in Britain itself, some
surveys have shown that up
to a third of the population
favours abolition of the

As we light another candle marking the country's 33rd
birthday, at McDonald's we take pride in knowing that
we are a part of a democratic and developing nation.

Given a chance to make a wish before
blowing out the candles, it would simply
be that we, as a people, grow together to
lift the human spirit; that we develop to
our highest potential as individuals and as
a community; that we think of each other

SWe understand that when we
acknowledge our need for one
another, we take te first

Happy 4th Independance,


;. K ,

PAGE 14E, FRIDAY, JULY 6, 2007


:: "


rrmilAY, JULY 6, 2007, PAGE 15E



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Insurance Marina gement (Bah.mn.i, Limited
Tel. 350 3500
Trinity Insurance Agents & Brokerage Services Ltd.
Tel. 351 2022

An ll'ros
Francita Neely A-r n..
Tel. 369 474 ~i', 4879
Exum [
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Tei. 336 205/357 0209
Esther Rolle
Tel. 3 9 1391

rsther Rolle
Tel. 339 1232

Long Island
SunQuest Services
TeL 337 6786

Turks & Caicos Islands
International Insurance Aeincy
Tel. 649 941 3195
The Insurance Centre
Tel. 649 941 4814
HW Hamiltrn & Co. (Insurance Brokers) Ltd.
Tel. 649 946 4060

Securit & Genera Insurance company Ld.
is rated A-(ExceMlent) by AM BEST.

Security & General


A m ember*of*Colonial Group*International Ltd.



PAGE 16E, FRIDAY, JULY 6, 2007



e hthm o

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,.t il
Z. tW*,;Aft

:---i7'.! 111
I ~: `*a


FRIDAY, JULY 6, 2007, PAGE 17E


Hatlial Rsh
BIg Marii /


4m 4





PY 341

Im uI It | iAT



Make the SmartChoice!

Available at
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,. 4 A---


INatlonal Bird l
S Rami mlig
>j It

Happy Independence Bahamas

The management and staff of
Scotiabank extend best wishes to
The Bahamas on its 34th Anniversary
of Independence.

* Trademarks of The Bank of Nova Scotia. Trademarks used under license and control of The Bank of Nova Scotia.




%Ei lm |


m- t & -

= Ul-IN Is w mo a


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PAGE 18E, FRIDAY, JULY 6, 2007



,; r'Co



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,sc~,', De

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The time to make


Talking a good game will no longer cut it, as
delaying action for fear of losing votes damages
the Bahamas' economic competitiveness, writes
Tribune Business editor Neil Hartnell...


has arrived

-. n the surface,
seems fine.
After all, the
Bahamas can
boast the third highest per capi-
ta income in the Western Hemi-
sphere behind the US and
. Canada, there are foreign direct
investment projects aplenty in
various ages of production,
and all signs are that the econ-
omy continues to grow. Yes, the
Bahamas has many reasons to
boast of its economic prowess
34 years after attaining inde-
But wait just a minute.........
For those prepared to scratch
I beneath the surface, there are
some worrying signs that all is
not well, with storm clouds
brewing on the horizon.
Take tourism, the nation's
number one industry, in which
the Bahamas has long prided
itself as being number one in
the Caribbean region. Kerzner
International's Atlantis and
One&Only Ocean Club prop-
erties revitalised the tourism
industry in the 1990s, of that
there is no doubt, placing the
Bahamas on the map as a Megaa
resort' destination. But sustain-
ing that success is another mat-
Many resort owners and
operators have struggled to
cope with the high cost of con-
structing properties and associ-
ated infrastructure, then adjust
to more high costs when the
place .actually becomes opera-
tional. This was graphically illus-
Strated just days ago when the

Emerald Bay resort, blessed
with the five-star Four Seasons
brand and hailed as the origi-
nal 'anchor property' model for
the Family Islands, was placed
into receivership after it default-
ed on its debt repayments and
efforts to find a buyer proved
This sends bad signals to cur-
rent and potential foreign
investors in the hotel industry,
who have provided the
lifeblood on which the Bahami-
an economy runs for decades,
and are now likely to be con-
sidering whether their projects
will deliver the projected return
on investment capital.
Yet the weaknesses, prob-
lems and issues call them what
you will that affect the hotel
industry's sustained profitabili-
ty have been well-known for
many years, yet next to noth-
ing has been done about them.
Few documents have captured
this as well as the 2003 Tourism
Taskforce on Trade Liberalisa-
tion report which, when com-
paring hotels that charged sim-
ilar average daily room rates
(ADRs), found the operating
profits achieved by Nassau
hotels are 59 per cent and 74
per cent lower than their coun-
terparts in the Caribbean and
the US.
Gross operating profits,
which do not include payments
for interest, taxation, deprecia-
tion and amortisation, were 9
per cent for the Nassau hotel, 22
per cent for the Caribbean and
35 per cent for the US.
The Taskforce report said:

"This means that the Nassau
hotel was, at best, in a 'break-
even' position on net profits."
Atlantis is one of the few
Bahamian resorts to consis-
tently deliver a rate of return
to its owners via profitability.
This is because it is a unique,
one-of-a-kind experience that
tourists are prepared to pay top
dollars for, delivering a 'value-
for-money' vacation that
exceeds expectations.
This in turn allows Atlantis
to charge a relatively high room
rate, offsetting the high cost
environment and enabling the
resort to keep margins and prof-
itability up.
The Taskforce report illus-
trated this point further with
these snapshots:
Utility and mechanical costs
for the Nassau hotel were 36
per cent and 114 per cent high-
er than for its Caribbean and
US counterparts respectively.
The report identified as "a
major culprit" the higher elec-
tricity costs in the Bahamas,
where hotels would typically
pay BEC $0.16-$0.18 per kilo-
watt per hour, which was twice
the level for businesses in coun-
tries such as Ireland, the UK,
Germany, the US and Spain.
The report said: "One
informed Bahamian business-
man believes that a well man-
aged private power producer in
the Bahamas could produce at
$0.09-$0.10 cents per kilowatt
This means that the cost to
Bahamians of an inefficient
BEC is almost $0.50 on every

* SHINING STAR But Paradise Island's Atlantis resort has all too often proved the exception, rather
than than the norn, when it comes to the sustained profitability of large Bahamas-based resorts

dollar spent on electricity."
The report found that the
Nassau hotel's room payroll
costs were 40 per cent and 17
per cent higher respectively
than their Caribbean and USA
counterparts, and this combined
with productivity "place the

Nassau hotel at a distinct com-
petitive disadvantage".
*. The report found that the
weekly salary for a waiter (with-
out gratuities) and a cashier in a
Nassau hotel were significant-
ly higher (at $205 and $297
respectively) than their equiva-
lents in the Dominican Repub-

lic, which it attributed to the
latter using more labour, reduc-
ing its significant cost per unit.
Food and beverage expens-
es, though, were 21 per cent and

SEE page 22


.'' : *. * *' :: '. '
..Bahamas Oldest Mortuary .

trD rain :r I Fealy Demeritte Gertrude Demeritte

"A Living Service"

A ing Vl Llewellyn Astwood Sr. Llewellyn Astwood Jr.

Fealy Demeritte (Founder 1910-1992), Gertrude Alice Demeritte (President), Llewellyn Astwood (General Mgr. Director) Jack Davis (Mgr.
Mortician), Marsha Bethel (Secretary). Morticians: Allan King, Doyle Bethel, Llewellyn Astwood Jr., (Assistant General Manager), Laron
Astwood, Lamont Astwood.

#162 Market Street
P.O. Box GT-2097, Nassau, N.P., Bahamas Rock Sound |
Tel/Fax: (242) 323-5782, 359-2874, 457-3011, 457-4476, 323-4425

Congratulations & god's Tekssings 33rd
.. Anniversary %

'to the peope of The Bahamas on the occasion of our
"%=-'.2 -.-:'-' ',

Can it be that long? We can't deny that months, years, decades have flashed by and now we are looking forward with mixed emotions to -.--::
..-',,, our 30th Anniversary. The Bahamas became great through the efforts of self-reliant people who knew how to take care of themselves. - ,- i
Today everyone seems to know what's wrong with leaders, institutions, other people in our society. The more immature they are, the .' -'
S, quicker they shout "get rid of them". Throughout this lengthy period we have tried to provide our community with the finest service while ''/
:." ": .tiadhering to the highest ethical standards. Your response gives us hope that we have in large measure succeeded. We believe that the best. \ /: ::
\ :.w.ay.to demonstrate our appreciation is to endeavor to keep your respect through continued efforts to improve our standards of service:.",,: : //.: .

&"2 "Traditio L:e 7 .........
..; : .-----: : .
.- S S Ill, i 151I/ 51155 \llI I S slli, .. silwell /* \ t I t G tlll
As tw xx \tl ~ is %II1 s\\ I \ i tw\o i I \ tt i t I % tI %\ I \ I t IiI #1

FRIDAY, JULY 6, 2007, PAGE 19E





Successive governments have seen Megaa resorts' as a

way to reduce overcrowding in Nassau and stimulate

economic growth in the Family Islands, but past history

and current events raise questions as to whether they

are sustainable and wanted by locals in the first place

HE so-called
anchori project"
model of develop-
ment is a hot-but-
ton topic these
days critics say we are selling
our birthright to foreign specu-
lators for a mess of pottage.
But this model is not new. It
dates back to the early years of
the 20th century. And over the
past hundred years, most exam-
ples in the out islands have
failed, often leaving derelict
buildings and environmental
havoc in their wake.
Although the "anchor pro-
ject" policy was codified by the
Pindling government in the late
1970s, the idea actually origi-
nated in response to the new-
found prosperity generated by
bootlegging in the 1920s.
During prohibition, liquor
was profitably smuggled in huge
quantities from the Bahamas to
the United States, and since
West End and Bimini were
nearest to the American main-
land that's where the first
out island resorts were cpn-
The 100-room Bimini Bay
Rod and Gun Club opened in
1920 with its own power plant.
It employed scores of locals, but
never made a profit. And with-
in a few years it was abandoned.
At about the same time, hun-
dreds of square miles on sparse-
ly populated Grand Bahama
were leased to foreign investors
who were supposed to build a
deep-water port and network
of roads at West End. But the

project never got off the
Nevertheless, contemporary
writers believed that Grand
Bahama's proximity to the
affluent Florida enclave of West
Palm Beach "simply begged"
for a casino and exclusive resi-
dential resort development:
"Grand Bahama could be
the mecca of quite a sporting
and yachting fraternity," a gov-
ernment publication enthused
in 1931. "Estate developments
are underway (and) developers
have cast their eyes on this fer-
tile island." But the great
depression put an end to these
early ambitions.
After the Second World
War, tourism was revived by
international air travel. British
investors launched a 500-room
holiday village at West End,
which operated for just one sea-
son before closing in 1950. Iron-
ically, that was the year the gov-
ernment began promoting
resort development throughout
the islands.
A few years later, the Port
Royale development on South
Bimini got underway with a 38-
room inn, marina, canals and
other infrastructure on 95 acres.
Although construction contin-
ued in fits and starts, there has
never been any widespread
interest, and many properties
are derelict today.
Port Royale was succeeded
by other developments, but nei-
ther Buccaneer Point nor Bimi-
ni Sands prospered. Meanwhile,
the original 1920s era fishing
camp at Bimini Bay had accret-
ed (through several owners)

* GRAND Isle Resort & Spa, the Exuma-based condotel property that was formerly known as
Grand Isle Villas, has shown the way for resort properties on the Family Islands, enjoying top cus-
tomer reviews while its Megaa' neighbour, Emerald bay, has 'weighed anchor' and been placed in
(Photo courtesy of Grand Isle Resort & Spa)

into a 700-acre estate-- com-
prising about two thirds of the
north island. Grandiose plans
by Robex, an American
Express subsidiary, to build a
mega-resort on this property in
the 1980s foundered but not
until much dredging and land
clearing had taken place.
On Abaco, Bahamian
Leonard Thompson leased 930
acres of Crown land in 1957 to
develop the Treasure Cay
Resort with American investors.
It eventually opened with its
own airport and marina in 1963,
but never took off. German-
Bahamian investor Ludwig

Meister bought it in 1982, and
although the original hotel later
closed, the marina (with 93
units), golf course and adjoining
residential estate continued to
operate successfully as Abaco's
tourist and second home econ-
omy boomed.
In 1960, six out of seven vis-
itors came to Nassau, but that
began to change as Freeport
developed. The government
had leased 80 square miles of
Grand Bahama in 1955 to an
American in return for con-
struction of a deep-water port
and industrial zone. Five years
later the Grand Bahama Port

Authority acquired another 200
square miles to embark on a
resort development called
The 1960s were boom years
for both America and the
Bahamas. And according to his-
torians Gail Saunders and
Michael Craton, this led to "the
most rapid phase of land dis-
persion in Bahamian history." It
also produced huge title con-
flicts many of which are still
ongoing today.
The Bowe estate on Exuma
was one example. Attempts by
the Bahamian owner to sell
4,000 acres in the centre of

Great Exuma to a Floridai'
developer led to a complex legal
battle with adverse claimants.
Eventually, roads were carved
out of the bush for a residen-
tial resort subdivision. But the
planned development never'
"Within 20 years." wrote
Saunders and Craton in
Islanders in the Stream, "the
Forest Estate had reverted to
bush, except for a dozen scat-
tered new homes occupied for a
few months a year and the areas
cleared, planted and grazed by a
new generation of squatters
from the original settlement."
The "heads of agreement"'
for Freeport included the right.
to administer, plan, develop and
license businesses on the island
- and to be exempt from all tax-
es for up to a century. Critics
said the government had "sub-'.
contracted its responsibility and
surrendered its sovereignty".
But Freeport managed to
achieve some momentum. A
harbour, highway and airport
were built, along with the city
itself. A cement plant, an oil
terminal and other industries,
followed, along with hotels, casi-.
nos, resort amenities and resj-"
dential estates.
The experience of most oth-
er out island developments has
been mixed.
Many came on stream during
the boom years of the 1960s and
early 70s. When Tough Call
worked for the Bahamas News
Bureau back then, one could

SEE next page







p1J&ehnadwe e Ay




George House, George Street, 3rd Floor
RO. Box N-8159, Nassau, Bahamas
Telephone: 1-242-322-8015
Fax: 1-242-356-2030




PAGE 20E, FRIDAY, JULY 6, 2007


_ l


FRIDAY, JULY 6, 2007, PAGE 21E

FROM page 20 | j' :

travel the entire island of Eleuthera stopping at
resorts all along the way from the Current
('lub to the Pineapple Club. to the Potlatch Club.
to French Leave, to Winding Bay, to Winder-
mere to Cotton Bay. to the Rock Sound Club to
Cape Eleutllheia. Most are no\ either shuttered or
shadows of their former selves.
In 1963 a German investor (who had been
involved with the Freeport oil terminal) bought
2500 acres on North Long Island and opened the
Stella Maris Inn two years later. The husband
and wife team of Gaby and Jorge Friese have
been running it ever since. A 44-room dive resort
with an adjoining residential estate, it is one of the
few out island ventures to have achieved rela-
tive stability.
But that was not without difficulty. From a
position in the early 1980s as the main employer
on Long Island, the resort faced bankruptcy after
1983, when the Pindling government introduced
a restrictive land sales policy "requiring applica-
tions that would not be processed."
As a result, Stella Maris was forced to cancel
S scores of real estate, construction and commercial
contracts, resulting in zero turnover until well
into the 90s. when the Ingraham government lib-
eralised the foreign investment regime.
Although the Pindling regime had paid expen-
sive foreign consultants to produce the Family
Island Master Plan recommending development
of anchor projects on key islands, the economic
tailspin caused by widespread drug trafficking,
official corruption and restrictive investment poli-
cies, combined with recession in the United States,
meant that virtually no new developments were
being considered in the late 1980s.
In fact, the out islands remained in economic
decline until investor confidence was restored in
the mid-90s. It was
only then that we
began hearing
renewed talk about
anchor projects.
the first to materi-
.- '- .- alise was a new
at Bimini Bay,
whose 700 acres
were acquired by a
S-Miami investor in
1997. Plans called
for extensive devel-
opment on unin-
habited, pristine
east Bimini, includ-
ing a 150 slip mari-
na, airport, golf
course, resort cen-
tre and high-density
Attorney Fred Smith residential estate.
As the Bahamas
became a more desirable place to do business -
and as coastal real estate opportunities dwindled
in nearby Florida new projects got underway:
Emerald Bay on Exuma, Winding Bay and Bak-
er's Bay in the Abacos, a huge residential resort
marina project on Rum Cay, a 10,000-acre resi-
dential resort on Mayaguana and several revived
projects on Eleuthera.

* ANOTHER view of Grand Isle Resort & Spa courtesy of the resort

But unlike in the past, this renewed economic
activity in the out islands generated resentment
and protest from both environmentalists and local
Comments by Bimini-based marine biologist
Samuel Gruber, writing in the Bahamas Journal
of Science in 2002, could easily apply to other
islands: "Vast plans for attracting large numbers
of wealthy visitors to Bimini through large and
'appealing' resort complexes have ended in failure
time and again. Bimini, like much of the
Caribbean region, is littered with failed and
uncompleted resort projects."
He added that "only small resorts that cater to
the customer appreciative of the local culture,
quiet charm, fishing traditions, small size and/or
natural beauty of Bimini appear to enjoy any
success. Bimini was never meant to be a five-
star, global destination. Modest facilities have
survived when others such as Robex's Bimini
Bay and Buccaneer Point have passed into his-
tory, often before they were completed
"Further, the creation of even a single mam-
moth project in Bimini may destroy forever the
very essence of that which lures the boating, fish-
ing and diving enthusiasts."
On Abaco, however, anchor projects dating
from the 1960s do seem to have helped the island
achieve growth. As historian Steve Dodge wrote:
"Owens-Illinois and Treasure Cay, the automo-
bile and the speedboat, and the influx of well-to-
do foreigners who built vacation homes, as well as
poor Haitian immigrants, all transformed Abaco."
(Owens-Illinois ran a logging operation and

sugar cane plantation on Abaco; building roads,
housing, freight terminals and other infrastruc-
So where does this leave Nassau which is
over-populated, congested and suffering from
such a lack of planning and enforcement that
quality of life issues are reaching unprecedented
levels? Rapid and uncontrolled growth on New
Providence has produced social problems that
include housing shortages, pollution, infrastruc-
ture breakdown and violent crime.
One solution that has been suggested over the
years is to build an artificial city on Andros -
either as a new administrative capital or a uni-
versity complex. But the political will and invest-
ment involved to achieve this would be enor-
mous, and the record of both the Bahamian gov-
ernment and similar projects elsewhere leaves
little room for optimism.
There remains the 50-year-old city of Freeport
where, as lawyer Fred Smith says, we could drop
hundreds of million of dollars to good effect:
"Not on a small cay in the middle of nowhere;
where there is minimal economic impact, where
we get nothing in taxes, where we destroy the
environment, and where the local people do not
want it."
On Grand Bahama there are miles of beaches
and paved roads; with infrastructure already in
place in a master plan designed for 300,000 peo-
ple, including under-utilised canals, golf courses,
marinas, and an international airport and har-
bour. And more to the point, there is a large
work force hungry for business and eager to see

development happen.
As our second city, Freeport has always been
something of an enigma and has never lived up to
its potential, mostly due to government neglect
and hostility. Nonetheless, it seems clear that this
is where we should be putting most of our eggs.
But some argue that a complete change of
direction is required: "We need to go back to
the original'template for Freeport," Fred Smith
says. "Government should take a hands-off
approach to the Port Authority, which should be
held accountable for development and municipal
responsibility. If we open the doors that were
closed in the late 1960s we will see an unprece-
dented boom. Everything is here."
According to this view, if investors want incen-
tives and exemptions they should be directed to
Freeport, where we are trying to create critical
mass. The out islands should be reserved for
small developments and investors should negoti-
ate directly with local government authorities.
"Everything doesn't have to end up on the
Cabinet table in Nassau," Smith says. "If 1 want-
ed to develop land in Florida, I wouldn't go to Jeb
Bush in Tallahassee."
The fact is that big residential resort develop-
ments on the out islands have appeared through-
out our recent history under colonial authori-
ties, the UBP, the first PLP, the FNM and the cur-
rent PLP. But they have been implemented large-
ly without due care and attention. And most have
failed as a result.
Both politicians and investors have a lot to
learn from this track record.



FROM page 19

183 per cent higher for the Nassau hotel against its
Caribbean and United States counterparts, a fig-
ure it described as "absolutely astounding" and
reflected the high cost of pilferage and wastage.

The high cost of a Bahamian vacation thus
means that this nation might be pricing itself out
of the market, especially if it cannot deliver the
Ii e-star experience its costs demand. The tourism
industry is also continuing to rely on proximity to
the US, plus the old attractions of 'sun, sand and
sea', with minimal emphasis on culture, heritage
and the Bahamian people. Trouble is, with inter-
national air travel and the low-cost carriers, the
c,)st of travelling to further-flung destinations
thmt offer what the Bahamas has and more -
his come down considerably.
Factor in issues such as the Western Hemi-
sphere Travel Initiative's (WHTI) passport
i cquirements, the seemingly never-ending issues
with Lynden Pindling International Airport and
poor productivity, and it comes as no surprise
that tourist per capital spending is falling, or that
US visitors were down 14 per cent for the peak
tourist season to April. And that was before
apparent neglect and inaction over dredging Nas-
'.au harbour to accommodate the new, larger
cruise ships, resulted in Royal Caribbean deciding
to pull three ships from Bahamas cruises, costing
us 6 per cent of total cruise arrivals and some $9
million in per annum spending. With so many
forces impacting tourism, not lest global com-
petition, the last thing the Bahamas needs to do is
azdd to its difficulties by shooting ourselves in the
proverbial foot.
Yes, the Christie administration signed numer-
ous Heads of Agreements with investors for
major resort projects: And yes, it will be won-
derful if most of these come off, and provide sus-
tainable economic growth, jobs and income for
years to come, providing a positive legacy for his
But..... these Heads of Agreement are therely
promissory notes, outlining what the Govern-
ment will provide for the investor, and setting
the parameters of what the investor will do.
Numerous permits and approvals often have to be
obtained before work begins in earnest, and there
is no guarantee they will come off and be envi-
ronmentally friendly.
The 'anchor property' strategy is fine in prin-
ciple, but was never thought through well enough
or executed properly. The impact of placing large
resorts in the Family Islands to act as economic
engines and reverse overcrowding in Nassau, par-
ticularly in terms of changing the character of
their host communities, and whether they have
enough human resources and infrastructure to
support them, is now only becoming evident.
The 'anchor property' strategy was initially
developed by the FNM with Emerald Bay and
Bimini Bay, then pursued even more vigorously
by the Christie administration, which merely
picked up the economic/investment template and
model left behind by the FNM and ran with it.
Both parties have yet to find answers to the
pressing question of infrastructure. For starters, a
nation's greatest asset is its people, yet the
Bahamas has some way to go to unlocking the
potential of its people, given the relatively sorry

output of the education system. The average
grades do not make for a productive workforce or
competitive economy. Sooner or later, this will
catch up with the Bahamas.
When analysing the deteriorating state of
Bahamian infrastructure, the social and economic
fabric of the Bahamas, and all the pressing issues
facing this nation, a critic could easly argue that
the Christie administration talked a good game,
but never walked the walk. Talk, consultation,
planning, more talk, deferrment and prevarication
often seemed'to be the order of the day, and one
senses that the past five years were a missed
opportunity to begin tackling the more serious
Yes, the former government did make some
headway with the Urban Renewal Programme,
and saw the need to revitalise downtown Nas
sau and Bay Street which, it has to be said, has
probably reached close to tipping point and will
only deteriorate further if something is not done
soon, with tourists deserting it for Paradise Island,
Cable Beach and possibly even South Ocean.
Apart from education, there is also crime and
the justice system, both areas that could bring
down an entire economy and society if left
unchecked and not reformed respectively. Land
reform and ensuring Bahamians have access to
affordable real estate, tax reform, privatising the
public utilities, the financial services industry's
positioning and growth, environmental protec-

lion. illegal immigration......... the list
goes on. Indeed. there are so many
areas crying out for attention that it is
probably difficult for the Ingraham
administration to know where to begin.
The new government will have to
prioritise, and the more you probe, the
more you realise that all Bahamian
governments are extremely skillful
when it comes to avoiding taking the
really hard decisions, for fear it might
cost just a few votes at the ballot box
when the election comes around.
International trade is the perfect
example. What about World Trade
Organisation (WTO) membership, the
Economic Partnership Agreement with
the European Union (EU), the need to
replace the Caribbean Basin Initiative
(CBI) with the US and negotiate a free
trade agreement with Washington,
relations with CARICOM and the
Caribbean Single Market & Economy
(CSME)? Pretty soon, the Bahamas
may have to make wholesale amend-
ments to its laws and regulations to
accommodate these international trade
agreements, which will be fun...... NOT!
Much work remains to be done to
create an economic environment in
which Bahamian-owned and foreign-
owned businesses can flourish. The
window in which hard decisions can
be postponed is fast closing. They can-
not he avoided.

* PRIME Minister Perry Christie's government inked
plenty of Heads of Agreement, but a perception that they
took too long to get things done helped cost them the May
2 general election


Chapter One has lots of wonderful Independence
items to help you mark this special occasion: a
Flags for Cars Outdoor Flags 2' x 3'
(for display on your house or business)
Small Flags on a stick 4" x 6"
Flag Gel Bracelets Flag Lapel Pins
Flag Travel Bags
Umbrella with flag colours

Come let us help you celebrate our country's 34th birthday in grand style!

Thmso olead Nsa

PAGE 22E, FRIDAY, JULY 6, 2007


-, Buut/, PAGE 23'E






i i


PAGE- 24E FRDY JUL 6,200 TH TRIBUNE-~----_~~ -

"1 1 .-


1890: Women in the U.S. are guaranteed the right to vote for the first time as Wyoming, the first
suffrage state, a former territory, is admitted to the Union.
1918: The Russian Soviet Federal Socialist Republic is established. Ironically, it would be on this
very date 73 years later that the man who would be at the helm when communism fell
was elected.
1940: The Battle of Britain began.
1962: Martin Luther King is arrested during demonstrations in the state of Georgia. And also on
this date in 1962, the future of being glued to TV was sealed when Telstar, the first TV satel-
lite was launched.
1990: Mikhail Gorbachev is re-elected as head of the Soviet Communist Party
19 1: Boris Yeltsin is sworn in as Russia's first elected President.
2003: Palestinians declare a limited cease-fire with Israel.

And-on this day in 1973, a great little

nation became independent.

That nation was The Bahamas.

Happy 34th Birthday, Bahamas!

July 10, 1973 July 10, 2007

Io Bank of The Bahamas

f $ -


PAGE 24E, FRIDAY, JULY 6, 2007

i:. -----II

Our education future:

the University of the

Bahamas and its role

* By Dr Janyne Hodder
President of The College
of the Bahamas
THE role of the University
of The Bahamas is to support
and drive national economic,
social, and cultural development
through education, research and
innovation and it must build on
the successes of The College of
The Bahamas by offering high
quality programmes and devel-
op high standards of quality
assurance. It must also develop
new programmes and make sure
that in so doing, it takes into
account needs across all islands
of the archipelago and not sim-
ply those of the main centres.
Key fields where we see these
developments occurring are, of
course, the traditional sectors
of tourism and hospitality and
financial services but, in addi-
tion, there are needs in marine
and environmental science, mar-
itime law and the maritime ship-
ping industry, construction,
marina management, agricul-
ture, fisheries, education, public
policy, health and allied health
professions, culture and entre-
Further, three potentially
important areas for building a
skilled and diversified Bahami-
an population are: (1) pure and
applied sciences, (2) engineer-
ing, and (3) information tech-
nology. Furthermore, it will also
be important to identify key
national and international part-
We believe that investing in
high quality university pro-
grammes in The Bahamas is
critical to increasing overall par-
ticipation rates in higher educa-
tion in the country. Our chal-
lenge in this area is to find part-
ners who wish to work with us in
the development of new pro-
grammes so that we will attract
more students.
These partners will also assist
in finding the funding necessary
to develop these programmes
until they are financially sus-
tainable through tuition and
government grant revenues.
Our next contribution to
national development and pros-
perity must come through
research. The University of The
Bahamas must become a driver
of innovation and new informa-
tion that will develop solutions
to problems in a product or a
process. It is the search for cre-
ative, effective and efficient
applications of solutions to
These solutions will lead to
substantial improvements in
those products or processes and
benefits to the public or private
sector. Across the world, pros-
perity is increasingly linked to
national capacity to meet global
challenges, to innovate and to
develop new products and ser-
Nations look to their univer-
sities as the places where a par-
ticular mix of talented
researchers, students and inno-
vative entrepreneurs works
together to develop products
and services which later become
the new businesses and the new
social policies.
As the leading institution of
the country having a pool of
intellectual resources and tal-
ents. the University of The
Bahamas can and will provide
policy-relevant research and
consultancy which seeks to
establish strong collaborative
links with the local business
community and meets present
and future challenges.
As research provides an edu-
cation that is informed by lead-
ing-edge concepts, the Univer-
sity envisages bringing a para-

digm shift towards fostering a
positive research climate aimed
at boosting the development,
operations quality and compet-
itiveness of small businesses by
creating knowledge and diffus-
ing it.
Indeed, knowledge, collabo-
rative research projects with
industry and investment respon-
sibilities should be closely tai-
lored to the needs of the busi-
ness sector with a view to accel-
erating the pace of growth, com-
petency, productivity and com-
petitiveness of small businesses
in The Bahamas.
One can begin to think in
terms of the development of
centres of excellence, institutes
or of loosely connected clusters
of people with shared interests
who meet around activities at
the University in ways that bring
together key players in eco-
nomic development; upgrade
technological infrastructure and
skills; induce the exchange of
important technical and market
information; accelerate learning
and innovation; stimulate the
formation of new businesses;
improve entrepreneurship and
managerial capacity; reduce
investment risks; and increase
profit margins and growth rates.
To play this role effectively,
The University needs to build
strong ties with all sectors of
economic and social activity
and we, at The College/Uni-
versity of The Bahamas, are in
the process of doing so. There
is a number of different innov-
ative ways in which we can lead
the way: maybe we can pack-
age guava duff for sale both in
the country and for export, cre-
ate eco-tourism experiences for
visitors, innovate in the finan-
cial services sector and develop
new financial products and ser-


Finally, more than 30 years
after independence and at a
time of rapid economic growth,
The Bahamas must support and
produce learning and teaching
at the highest levels and keep ,
its most talented and qualified
educators in the country as fac-
ulty and staff at The University
of The Bahamas to build the
future of the nation.
In order to play this role in
national development, we have
identified nine core. strategies
which are guiding our work
across academic departments as
well as administrative units. The
following are overarching strate-
gies which apply to all we do,
in every department, in every
school and faculty and in all
administrative units. These are
the building blocks upon which
specific goals and objectives will
We are (i) building for excel-
lence with (ii) respect and care
for our students. In addition, we
will (iii) respond to national
needs, (iv) identify competitive
advantages and (v) support
innovation and initiative. Fur-
thermore, we will (vi) empower
people and create effective
teams while (vii) focusing on
goals, results and the long term.
Lastly, we will (viii) demonstrate
transparency and accountability
and (ix) engage the country in
our efforts.
These strategies are meant to
be deployed in meeting all our
goals and we shall soon be
launching our full draft strategic
plan for consultation in the com-
Our overarching vision, how-
ever, includes not only key
strategies and goals but some
very important assumptions. We

cannot build The University of
The Bahamas on the resource
base given to The College of
The Bahamas; therefore, we are
making the following assump-
tions with respect to our growth
and expansion. First, we assume
that there will be national sup-
port for the university and that
public funding will grow. We
also assume that tuition levels
will increase, reflecting costs,
and that philanthropy will grow.
Finally, we assume that there

will be a national endowment
for the University of The
As we build for the medium
and long term we are also
deeply engaged in major short-
term projects. Among these are
the construction of the Library,
the construction of a new North-
ern Bahamas campus, renova-
tion of the auditorium, the
building of a Wellness Centre,
the increase in the number of
terminal degree holders among

the faculty, the improvement to
the registration process, the
adoption of a new quality assur-
ance framework, the expansion
of our international links and
our research activity, the devel-
opment of new outreach pro-
grammes and distance educa-
tion, the review of our gover-
nance and the planning of the

new statute.
This, then, is a brief overview
of our vision to build the Uni-
versity of The Bahamas and to
work with partners in both the
public and private sector in
order to create an institution
which can drive economic pros-
perity as well as social and cul-
tural development.

FRIDAY, JULY 6, 2007, PAGE 25E


Separation of Church and state?

The pastor who called for politicians to answer '12 Questions' examines the

position of religion as the Bahamas celebrates its 34th year of independence

* By Pastor Cedric Moss
Kingdom Life Church

"God, our governor..."
Those three, telling words pref-
aced Archdeacon Keith
Cartwright's prayer at the com-
mencement of the May 4th
swearing in ceremony for senior
cabinet ministers in the new
FNM government. After thank-
ing God for peaceful and vio-
lence-free general elections,
Archdeacon Cartwright prayed
that God would bless his "ser-
vant Hubert Alexander, and
the members of his govern-
ment." Specifically, he asked
God to grant them wisdom and
grace in the exercise of their
duties, and courage and
strength to do what is righteous
in God's sight.
I was personally affected by
the sacred tone set at that
political ceremony where our
national need for God was
acknowledged and our sub-
mission to Him affirmed. I was
particularly moved by the
accuracy of the words that
prefaced Archdeacon
Cartwright's prayer: "God, our



Beyond being affected by
Archdeacon Cartwright's
prayer, I was very surprised that
there were no "separation of
church and state" protests
hurled at him or any part of his

prayer. I say this because just
days earlier, I was a part of a
grouping of pastors against
whom some protested and used
the "separation of state and
church" argument when we
sought to have the election can-
didates respond to 12 morally
based questions, even though
our initiative was welcomed by
thousands of voters who were
eager to sample the moral val-
ues of their potential Members
of Parliament. Those protesters
felt we were out of place to ask
potential Members of Parlia-
ment to publicly state their posi-
tion on moral issues like retain-
ing the words "Christian val-
ues" in the preamble to our
constitution, granting recogni-
tion to homosexual unions and
increasing the age of sexual con-
sent from 16 to 18 years. But
were we?


Now I'm sure that present at
the ceremony at Government
House and tuned in via ZNS
were some of the same people
who protested against the 12
moral questions that were

asked. They heard Archdeacon
Cartwright's prayer and as he
concluded his prayer with the
words, "Through Jesus Christ
our Lord," they undoubtedly
even said a resounding,
"Amen." That's right, "Amen,"
not "separation of church and
To my mind, that does not
add up. How can the "separa-
tion of church and state" refrain
be loudly raised against 12 sim-
ple questions and then shortly
thereafter a clergyman praying
at a state function, his acknowl-
edgement that the prime minis-
ter is "God's servant" and his
call for elected leaders to "do
what is righteous in God's sight"
are all met with "Amen" and
no protest at all?


The only reason that I can
come up with for this inconsis-
tency is that those who protest-
ed the 12 questions are com-
fortable with events like
Archdeacon Cartwright pray-
ing at a state ceremony and
praying as he did so long as the

prayer and its implications
remain at the ceremony and are
iot brought to bear upon actu-
al governance. In other words,
they are comfortable with cere-
monial morality. For them, it is
fine for Christians to pray for
political leaders to do what is
"righteous in God's sight"-
they just don't want us to pub-
licly call on politicians to actu-
ally do what is righteous in
God's sight. Such a public call
would be met with public
protests of "separation of
church and state."


Unfortunately, many who
mouth the "separation of
church and state" mantra in the
context on Bahamian politics
and governance do not realize
that it is a foreign concept. We
have no such provision in our
constitution, nor do we have
any law that promotes "sepa-
ration of church and state."
Actually, since the primary
function of government is to
uphold the nation's constitu-
tion and bearing in mind that
our constitution's preamble
pledges an unswerving com-

mitment to Christian values, it
stands to reason that those
Christian values are to influ-
ence governance.


Therefore, Archdeacon
Cartwright is right: God is
indeed our Governor. Psalm
47:2 proclaims Him as "the
great King over all the earth."
Therefore, all those who exer-
cise governmental leadership in
the world do so as His delegates
and are accountable to Him. He
is not some ceremonial God
who is only to be referred to
during state ceremonies and
then ignored in actual gover-
Dutch theologian and Prime
Minister, Abraham Kuyper,
was right when he warned that
"God is not to be treated by
Governments merely as one
who is to be dragged to their
help in the hour of national
need. On the contrary, God in
His majesty, must flame before
the eyes of every nation for
God created the nations. They
exist for Him. They are His
own. And therefore all these
nations, and in them all
humanity, must exist for His
Certainly, that includes The
Bahamas, and heeding Kuyper-
's warning will be for our good
and ignoring it will be to our

Blow Out the Candles

On the thirty-fourth anniversary
of Bahamian independence

As we mark another milestone of our country's Independence, we are proud of
our many achievements that have distinguished not just our local landscape,
but that have made us visible to the rest of the world. As we continue on this
journey, let us not lose sight ofjhe values gained along the way.

FirstCaribbean International Bank extends our warmest
congratulations to the people of The Bahamas on the
celebration of their 35th year of Independence.



However bad the weather is
It always passes and I remain
Here to last longer than a
squall of rain

Woman like dat
Would broke up yur bed
Rip up yur spread
When der iron in der fire
Start tur turn red

The sea rose and it was red
And it was rosy with souls

Write a calypso to get right
up and sing
For people to get right up and
Time to catch up with
Ancient Man

How long did it take
Who had been enslaved
To remember their humanity
To recall it fully

Out of the cup of the present
Of the moment, as if I had
Just day-before-yesterday
I was so in harmony with
So in the pulse of being

Two dolls together
Their clothes ripped
Their eyes black
When who owns them
Comes back

she is bigger and biggety
and beating them silly

each hand filled with a boy
with a boy's neck

a boy's life in each hand
handles them rough,
knocks them about

as dark as they are
but as big as them both

she laughs, they grimace

hurting but free, they walk

insulting remarks
they hurl over their shoulders
heading north

heading south,
she deflects with two words
she makes into a shield
"Yur ma!"
and off she goes

she's mauled two males
her fix until she finds
two more tomorrow

to do in

to show who rules
who runs things

is she as able to get her sums
her verbs or does she as reck-
as viciously, split her infini-

I want to be able
to remember what happened

dish water of time
I wish I were able to hold on
I wish I were able to hold
water I bathe in with her
I don't want to let out

but it was time we were into
I do not wish to unplug the
but even dreams end when
we wake up
roused by rooster
or St. Margaret's Church bell

empty coconut head
waiting for poetry to accu-
like jelly

blank tablet
black board
for the muses to write upon,
with white or red chalk
this to say instead of talk

as many skins as onion
to cry in, to sin in

knit me back, knit me black
into the fabric of here and

want the blood of existence
flowing through my fibers
through my fibers again

vital part of being, I wish to
be again

politeness is a gift
without which
you may find yourself lifeless
beside the road

what a love affair
she and I shared
like icing on the cake of exis-
on the crust of creation

Obediah Michael Smith,


For1th stor es bhin tenws

PAGE 26E, FRIDAY, JULY 6, 2007



Taking to the streets

in celebration

To T4e PRev Oq T4 CQVs^che."hw
O TT4 ^ 0. 0^ T4ea

^raraA I^^

* SCENES of jubilation in Bay Street as decorated floats make their way through the
crowds at the height of the 1973 Independence Celebrations. Bunting and trimmings
festooned the downtown area as Nassau got into the swing of the occasion, the biggest single
event in the country's history. "It was a fun time," said one Bahamian who recalls the
occasion well. "Everyone was in carnival mood."

from the management and staff of



FRIDAY, JULY 6, 2007, PAGE 27E

Our past and our future: looking at anchor


THE so-called "anchor
project" model of
development is a hot-button
topic these days critics say
we are selling our birthright to
foreign speculators for a mess of
But this model is not new. It
dates back to the early years of

the 20th century. And over the
past hundred years, most exam-
ples in the out islands have
failed, often leaving derelict
buildings and environmental
havoc in their wake.
Although the "anchor pro-
ject" policy was codified by the
Pindlihg government in the late
1970s, the idea actually origi-
nated in response to the new-
found prosperity generated by

bootlegging in the 1920s.
During prohibition, liquor
was profitably smuggled in huge
quantities from the Bahamas to
the United States, and since
West End ard Bimini were
nearest to the American main-
land that's where the first
out island resorts were con-
The 100-room Bimini Bay
Rod and Gun Club opened in

1920 with its own power plant.
It employed scores of locals, but
never made a profit. And with-
in a few years it was abandoned.
At about the same time, hun-
dreds of square miles on sparse-
ly populated Grand Bahama
were leased to foreign investors
who were supposed to build a
deep-water port and network
of roads at West End. But the
project never got off the

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needs, providing the ultimate in convenience.

performance and style. With the best that
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Sales & Full Service Department
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Nevertheless, contemporary
writers believed that Grand
Bahama's proximity to the
affluent Florida enclave of West
Palm Beach "simply begged"
for a casino and exclusive resi-
dential resort development:
"Grand Bahama could be
the mecca of quite a sporting
and yachting fraternity," a gov-
ernment publication enthused
in 1931. "Estate developments
are underway (and) developers
have cast their eyes on this fer-
tile island." But the great
depression put an end to these
early ambitions.

A after the Second
World War, tourism
was revived by international air
travel. British investors
launched a 500-room holiday
village at West End, which
operated for just one season
before closing in 1950. Ironical-
ly, that was the year the gov-
ernment began promoting
resort development throughout
the islands.
A few years later, the Port
Royale development on South
Bimini got underway with a 38-
room inn, marina, canals and
other infrastructure on 95 acres.
Although construction contin-
ued in fits and starts, there has
never been any widespread
interest, and many properties
are derelict today.
Port Royale was succeeded
by other developments, but nei-
ther Buccaneer Point nor Bimi-
ni Sands prospered. Meanwhile,
the original 1920s era fishing
camp at Bimini Bay had accret-
ed (through several owners)
into a 700-acre estate com-
prising about two thirds of the
north island. Grandiose plans
by Robex, an American
Express subsidiary, to build a
mega-resort on this property in
the 1980s foundered but not
until much dredging and land
clearing had taken place.
On Abaco, Bahamian
Leonard Thompson leased 930
acres of Crown land in 1957 to
develop the Treasure Cay
Resort with American investors.
It eventually opened with its
own airport and marina in 1963,
but never took off. German-
Bahamian investor Ludwig

* PERRY Christie had a
vision of an anchor project on
every island one which did
not help him secure victory in
the 2007 election

Meister bought it in 1982, and
although the original hotel later
closed, the marina (with 93
units), golf course and adjoining
residential estate continued to
operate successfully as Abaco's
tourist and second home econ-
omy boomed.
In 1960, six out of seven vis-
itors came to Nassau, but that'
began to change as Freeport
developed. The government
had leased 80 square miles of
Grand Bahama in 1955 to af
American in return for con-
struction of a deep-water port
and industrial zone. Five years
later the Grand Bahama Port
Authority acquired another 200
square miles to embark on a
resort development called

he 1960s were boom
years for both America
and the Bahamas. And accord-
ing to historians Gail Saunders
and Michael Craton, this led to
"the most rapid phase of land
dispersion in Bahamian histo-
ry." It also produced huge title
conflicts many of which are
still ongoing today.
The Bowe estate on Exuma
was one example. Attempts by
the Bahamian owner to sell

PAGE 28E, FRIDAY, JULY 6, 2007


I~ii--^-- EMIII
You'll ondc howyou uer ot aong ithot it


developments in an independent Bahamas

4,000 acres in the centre of
Great Exuma to a Florida
developer led to a complex legal
battle with adverse claimants.
Eventually, roads were carved
' out of the bush for a residen-
'tial resort subdivision. But the
S planned development never
"Within 20 years," wrote
Saunders and Craton in
Islanders in the Stream, "the
Forest Estate had reverted to
bush, except for a dozen scat-
tered new homes occupied for a
few months a year and the areas
cleared, planted and grazed by a
new generation of squatters
from the original settlement."
The "heads of agreement"
for Freeport included the right
to administer, plan, develop and
license businesses on the island
and to be exempt from all tax-
es for up to a century. Critics
said the government had "sub-
contracted its responsibility and
surrendered its sovereignty".
But Freeport managed to
achieve some momentum. A
harbour, highway and airport
were built, along with the city
itself. A cement plant, an oil
terminal and other industries
followed, along with hotels, casi-
nos, resort amenities and resi-
dential estates.

T he experience of most
other out island devel-
opments has been mixed.
Many came on stream during
the boom years of the 1960s and
early 70s. When Tough Call
worked for the Bahamas News
Bureau back then, one could
travel the entire island of
Eleuthera stopping at resorts
all along the way from the
Current Club to the Pineapple
Club, to the Potlatch Club, to
French Leave, to Winding Bay,
to Windermere to Cotton Bay,
to the Rock Sound Club to
Cape Eleuthera. Most are now
either shuttered or shadows of
their former selves.
In 1963 a German investor
(who had been involved with
the Freeport oil terminal)
bought 2500 acres on North
Long Island and opened the
Stella Maris Inn two years later.
The husband and wife team of
-'Gaby and Jorge Friese have
"been running it ever since. A
44-room dive resort with an

* THE beaches of the Bahamas make it an attractive prospect for developers

adjoining residential estate, it
is one of the few out island ven-
tures to have achieved relative
But that was not without dif-

widespread drug trafficking,
official corruption and restric-
tive investment policies, com-
bined with recession in the
United States, meant that vir-

Renewed economic activity in the out
islands generated resentment and
protest from both environmentalist
and local communities.

ficulty. From a position in the
early 1980s as the main employ-
er on Long Island, the resort
faced bankruptcy after 1983,
when the Pindling government
introduced a restrictive land
sales policy "requiring applica-
tions that would not be
As a result, Stella Maris was
forced to cancel scores of real
estate, construction and com-
mercial contracts, resulting in
zero turnover until well into the
90s, when the Ingraham gov-
ernment liberalised the foreign
investment regime.
Although the Pindling
regime had paid expensive for-
eign consultants to produce the
Family Island Master Plan rec-
ommending development of
anchor projects on key islands,
the economic tailspin caused by

tually no new developments
were being considered in the
late 1980s.
In fact, the out islands
remained in economic decline
until investor confidence was
restored in the mid-90s. It was
only then that we began hearing
renewed talk about anchor pro-

Unfortunately, the first
to materialise was a
new mega-development at
Bimini Bay, whose 700 acres
were acquired by a Miami
investor in 1997. Plans called
for extensive development on
uninhabited, pristine east Bimi-
ni, including a 150 slip marina,
airport, golf course, resort cen-
tre and high-density reside :.

SAs the Bahamas became a
more desirable place to do busi-
ness and as coastal real estate
opportunities dwindled in near-
by Florida new projects got
underway: Emerald Bay on
Exuma, Winding Bay and Bak-
er's Bay in the Abacos, a huge
residential resort marina pro-
ject on Rum Cay, a 10,000-acre
residential resort on Mayaguana
and several revived projects on
But unlike in the past, this
renewed economic activity in
the out islands generated
resentment and protest from
both environmentalists and
local communities.
Comments by Bimini-based
marine biologist Samuel Gru-
ber, writing in the Bahamas
Journal of Science in 2002,
could easily apply to other
islands: "Vast plans for attract-
ing large numbers of wealthy
visitors to Bimini through large
and 'appealing' resort com-
plexes have ended in failure
time and again. Bimini, like
much of the Caribbean region,
is littered with failed and
uncompleted resort projects."
He added that "only small
resorts that cater to the cus-
tomer appreciative of the local
culture, quiet charm, fishing tra-
ditions, small size and/or natur-
al beauty of Bimini appear to
enjoy any success. Bimini was
never meant to be a five-star,


global destination. Modest facil-
ities have survived when others
such as Robex's Bimini Bay and
Buccaneer Point have passed
into history, often before they
were completed
"Further, the creation of
even a single mammoth project
in Bimini may destroy forever
the very essence of that which
lures the boating, fishing and
diving enthusiasts."

On Abaco. however,
anchor projects dat-
ing from the 1960s do seem to
have helped the island achieve
growth. As historian Steve
Dodge wrote: "Owens-Illinois
and Treasure Cay, the automo-
bile and the speedboat, and the
influx of well-to-do foreigners
who built vacation homes, as
well as poor Haitian immi-
grants, all transformed Abaco."
(Owens-Illinois ran a logging
operation and sugar cane plan-
tation on Abaco; building roads,
housing, freight terminals and
other infrastructure.)
So where does this leave
Nassau which is over-popu-
lated, congested and suffering
from such a lack of planning
and enforcement that quality of
life issues are reaching unprece-
dented levels? Rapid and
uncontrolled growth on New
Providence has produced social
problems that include housing
shortages, pollution, infrastruc-
ture breakdown and violent
One solution that has been
suggested over the years is to
build an artificial city on Andros
- either as a new administra-
tive capital or a university com-
plex. But the political will and
investment involved to achieve
this would be enormous, and
the record of both the Bahami-
an government and similar pro-
jects elsewhere leaves little
room for optimism.

There remains the 50-
year-old city of
Freeport where, as lawyer Fred
Smith says, we could drop hun-
dreds of million of dollars to
good effect: "Not on a small cay
in the middle of nowhere;
where there is minimal eco-
nomic impact, Where we get
nothing in taxes, where we

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destroy the environment, and
where the local people do not
want it."
On Grand Bahama there are
miles of beaches and paved
roads; with infrastructure
already in place in a master plan
designed for 300,000 people,
including under-utilised canals,
golf courses, marinas, and an
international airport and har-
bour. And more to the point,
there is a large work force hun-
gry for business and eager to
see development happen.
As our second city, Freeport
has always been something of
an enigma and has never lived
up to its potential, mostly due to
government neglect and hostil-
ity. Nonetheless, it seems clear
that this is where we should be
putting most of our eggs.
But some argue that a com-
plete change of direction is
required: "We need to go back
to the original template for
Freeport," Fred Smith says.
"Government should take a
hands-off approach to the Port
Authority, which should be held
accountable for development
and municipal responsibility. If
we open the doors that were
closed in the late 1960s we will
see an unprecedented boom.
Everything is here."

A according to this view,
if investors want
incentives and exemptions they
should be directed to Freeport,
where we are trying to create
critical mass. The out islands
should be reserved for small
developments and investors
should negotiate directly with
local government authorities.
"Everything doesn't have to
end up on the Cabinet table in
Nassau," Smith says. "If I want-
ed to develop land in Florida, I
wouldn't go to Jeb Bush in Tal-
The fact is that big residential
resort developments on the out
islands have appeared through-
out our recent history under
colonial authorities, the UBP,
the first PLP, the FNM and the
current PLP. But they have
been implemented largely with-
out due care and attention. And
most have failed as a result.
Both politicians and investors
have a lot to learn from this
track record.


FRIDAY, JULY 6, 2007, PAGE 29E

A look at the achievements of the

last year in the sporting w

LAST Independence,
ground-breaking ceremonies
were held for the new national
track and field stadium by the
Chinese Government at the
Queen Elizabeth Sports Cen-
Shortly after, both the Andre
Rodgers Baseball Stadium and
the Churchill Tener Knovles
National Softball Stadiums were
demolished. But one year lat-
er, very little work has been
done on replacing the facilities,
which has resulted in those two
major sporting bodies suffering
huge setbacks to their further
growth and development.
In the meantime, there have
been a number of gold, silver
and bronze medal performances
that have taken up the majority
of the spotlight on our sporting
Here's a look at some of
those achievements as they
were recorded during their spe-
cific months:


Gold Medal Performance:
Derrick Atkins proved that his
time of 10.14 seconds to break
the men's national 100 metre
record held by Rudy Levarity
and Rendward Wells at the
NACAC Championships was
no fluke as he lowered the mark
to 10.08 for the silver medal at
the CAC Games in Cartegena,
The Bahamas also got a silver
from Dominic Demeritte in the
men's 200 and five in swimming,
led by Jeremy Knowles, who
produced a couple of national
*record breaking performances.
Silver Medal Performance:
Jermaine 'Choo Choo' Mack-
ey added the World Boxing
Council's CABOFE super mid-
dleweight title to his collection
with a sixth round TKO win
over Marcus 'Marvelous"
Thomas at the Kendal Isaacs
Gymnasium, the same.weekend
that Freeman 'the Natural Barr
made his return in the ring after
a two-year hiatus with a third
round TKO over Terry Acker
in Fort Myers, Florida. ..
Bronze Medal Performance:
Jay Darling captured his fourth
straight men's title and Gena
Mackey picked up her sixth, but
fourth straight women's title at
the Bahamas Bodybuilding and
Fitness Federations' 33rd Vita-
malt-sponsored National Body-
building and Fitness Champi-

Gold Medal Performance:
Barbados and Trinidad &
Tobago pulled off the coveted
men and women titles respec-
tively at the XI Caribbean Vol-
leyball Championships at the

Kendal Isaacs Gymnasium.
The Bahamas women could
do no better than fourth place
for the second consecutive year,
but Kelsie Johnson emerged as
the top female scorer and best
blocker. The men were eighth.
Silver Medal Performance:
Leevan 'Superman' Sands was
hit with a six-month suspension
from the International Amateur
Athletic Federation on the rec-
ommendation from the
Bahamas Association of Ath-
letic Associations after he test-
ed positive for a banned sub-
stance when he took a Vice
Inhaler at the Tyson Invitation-
al on February 10- in Fayet-
teville, Arkansas.
Bronze Medal Performance:
The women's national team
returned from the FIBA Amer-
icas' under-20 championship in
Mexico City, Mexico where
they were winless in all four
games played. The team was
coached by Felix 'Fly' Mus-


Gold Medal Performance:
The Bahamas Football Associ-
ation's 18-member team
advanced to the second leg of
the Digicel Challenge Cup in
Havana, Cuba after they fin-
ished with a 2-1 win-loss record
in the Group E qualifying
Technical director Gary
White, who headed the coach-
ing team, led. a team that fea-
tured Nesley Jean, Happy Hall
and Mike Neville as they
improved from 193 to 138 in the
FIVA world rankings.
Silver Medal Performance:
The quartet team of Debbie
Ferguson-McKenzie, Tonique
Williams-Darling, Christine
Amertil and Chris Brown rep-
resented the Bahamas on vari-
.ous relay teams for the Ameri-
ca's at the 10th IAAF World
Cup in Athletes in Athens,
Greece. Frank 'Pancho' Rah-
ming also travelled as a coach
Son fl"fe edmn. .""" .'.
Bronze Mdal Perforniance:
Shamael.e iLdgtbourne cap-
tured a gold meddl in Ihe wel-
terweight division and Tamiko
Dorsett picked up a bronze in
the middleweight division at the
first Turks and Caicos Invita-
tional Boxing Tournament.


Gold Medal Peiformance:
The Kendal Isaacs Gymnasium
was jam packed foi the largest
crowd ever witnessed at a local
event for the first Phil Smith
Legends Basketball Classic.
In a rematch of their long-
time rivalry, the Kentucky
Colonels pulled off a 33-31 vic-
tory over the Beck's Cougars

* CANADA'S Daniel Nestor, right, and 'Mark Knowles, of Bahamas, hold the trophy after
defeating Czech Republic's Lukas Dlouhy and Paul Vizner, in the men's double final match of the
French Open tennis tournament, at the Roland Garros stadium, in Paris
(AP Photo/Michel Spingler)

as hundreds of Bahamians
showed up to view the former
stars and pay tribute to Smith,
the veteran ZNS sportscaster
who is suffering from failed kid-
Silver Medal Performance:
The Bahamas men's national
team finished 3-6 at the quali-
fying tournament in Hermosillo,
Mexico as the team was hit with
a series of injuries and they
failed to make the cut for the
2009 International Softball Fed-
eration Men's World Champi-
onships in Canada.
Bronze Medal Performance:
The Electro Telecom Wildcats
clinched their sixth straight New .
Providence Softball Association
Women's title over the Bom-
-mer George Swingers at the
Baillou Hills Sporting Complex,
but they never got to defend.
their national title as..the
Bahamas Softball Federation's
National Championships never
came off.


Gold Medal Performance:
Mark Knowles and his Canadi-
an partner Daniel Nestor
reached the finals of the Tennis
Masters Cup in Shanghai, China
for the third consecutive time.
But they fell victim to Max
Mirnyi of Belarus and Jonas
Bjorkman of Sweden 6-2, 6-4
to add to their defeats in the
finals in 2004 and 2005.

Silver Medal Performance:
The Bahamas men's national
soccer team travelled to Bermu-
da to participate in the second
leg of the Digicel Cup, but they
were not successful.
Bronze Medal Performance:
Lightweight Meacher 'Pain'
Major stepped out of his class
and was stopped two minutes
and 53 seconds in the third
round of their junior welter-
weight match against Edgar
Santana at the Grand Ballroom
at Manhattan Center in New
York City.


Gold Medal Performance:
Quarter-miler Christine Amer-
til 'was named the Athlete of
the Year by the Bahamas Asso-
ciation of Athletic Associations.
She also earned the Female
Athlete of the Year, while
Christopher 'Bay' Brown cap-
tured the Male Athlete of the
Also at the awards banquet,
the BAAA named sprinter
Sheniqua 'Q' Ferguson as the
Junior Female Athlete of the
Year. The Junior Male Athlete
of the Year was Rudon Bast-
Silver Medal Performance:
Devin Mullings, Marvin Rolle,
Bjorn Munroe and H'Cone
Thompson claimed the four
spots on the Bahamas Davis
Cup team at the completion of

the trials held at the National
Tennis Centre, featuring a num-
ber of rising young stars.
Bronze Medal Performance:
The Scottsdale Vixens, led by
Krystel Rolle, completed a per-
fect season as they clinched the
New Providence Volleyball
Association ladies' champi-
onship title over Da Basement.
The men's series was delayed a
little longer.



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Brazilian Neider Dos Santos
replaced Gary White as the
technical director of the
Bahamas Football Association.
He previously worked in the
Cayman Islands and Guyana.
White worked here for the past
seven years.


Gold Medal Performance:. -
Executives of the association's--
and federations affiliated with '
the Bahamas Olympic Associa-.
tion filed a writ to prevent the
executives from the BOA exec-
utives from voting.
The elections have been post-
poned at least twice because the.
associations and federations felt
the constitution had to be
amended to reflect the new
decision, as mandated by the
International Olympic Com-
mittee's charter.
Silver Medal Performance:
Jermaine 'Choo Choo' Mack-
ey stopped American Julius
Fogle one minute and 28 sec-
onds in the eighth round on the,
first ESPN II live television
Show that was held at Fort
Charlotte. Also on the card,
Elkena 'Ali' Saunders knocked
out Stephen Johnson 1:12 in the .
first and heavyweight Sherman i
'the Tank' Williams knocked'.
out Wade Lewis 1:15 in the first;
Bronze Medal Performance:
Donald Thomas cleared 7-feet-
8 to post the best mark in the
world in the men's high jump
at the Auburn Invitational and
Shamar Sands lowered his.
national 110 metres hurdles ',
record to 13.55 seconds. Earlier
in the month, Sands had erased
the late Danny Smith's 34-year-
old record of 13.67 when he ran
13.64 in another meet in

Gold Medal Performance: ""
Mark Knowles and Daniel Gold M l Per
Nestor suffered a humiliating Pauline Davis Thormn ce
2-6, 6-3, 7-5 loss to American th ne nmavison fomongohe.
identical twin brothers Bob and Bahame nomination fom the
Mike Bryan in the semifinal of.,ltic sociations to ontt th-
then Austraian O..pen Grand A' le.tic Associations to contest the
Slam. International AmateurAthlet-
Knowles called it a "brutal" 2 iFederation's election ugust
loss that cost him some "sleep- 22-23 in Osaka, Japan for one of
less" nights. the four spots for women on the
Silver Medal Performance: 15-member board of the coun-
Sherman 'the Tank' Williams Al
opened the year with a knock- Alpheus 'Hawk' Finlayson f
out 47 seconds into the third holds the distinction of being
round over Ralph 'Wild Wild' the first Bahamian elected to
West at the Knox Arena in SlveuMedal Perfo
Olive Branch, Mississippi. Silver Medal Performance:
Olive Brnch, Mississippi. Carl Bethel was named the new
Bronze Medal Performance: Minister of Education, Yout
Veteran softball player Linda Sp ernd Cult u he FNM
Ford, 52, was named a Mem- Sports and Culture in the FNM
ber of the Most Excellent Order government. Bryan Woodside
f the Brt;ish E ire *il was named the Minister of State .
of the British Empire (Civil for Youth and Sports and
Division) in the Queen's New for Youth and Sports and
Year honours list for 2007. Ford Charles Maynard got the Min
started playing on the national Bronze Medal Performance:
team at the age of 16. Wide receiver Devard Darling

FEBRUARY signed a one-year contract with
the Baltimore Ravens. He was.
Gold Medal Performance: coming off a three-year death
Jermaine 'Choo Choo' Mack- with the Ravens, who drafted'
Jermaine 'Choo Choo Mack-, him in 2003.
v retained hi;c U WorldI Botxing

Council's CABOFE super mid-
dleweight title, knocking out
Puerto Rican A 'El
Olimpico' Acevedo 'nin-
utes and nine secon-, in the
seventh round at the Kendal
Isaacs Gymnasium.
Silver Medal Performance:
The CC Sweeting Cobras,
coached for the first time by Ian
'Wire' Pinder, became the fifth
New Providence school to win
the prestigious Hugh Campbell
Basketball Classic as Cruz
Simon was named the most
valuable player.
Bronze Medal Performance:
The Bahamas Golf Federation
broke ground to a new nine-
hole golf course and driving
range on an 18-acre land at the
Baillou Hills Sporting Complex
and plans were also revealed
for a 72-par 18-hole golf course
to be built in the southern end
of the island in the future.


Gold Medal Performance:
Donald Thomas completed his
first and only indoor campaign
as the national champion in the
men's high jump at the NCAA
Division One Indoor Champi-
onships at the Randal Tyson
Track Center with a leap of 7-
feet-7 3/4.
Silver Medal Performance:
Reno Johnson, Levar Stuart
and Valentino Knowles were
all turned back home from Mia-
mi, Florida with coach Andre
Seymour, after they were
denied entry into Argentina to
compete in the second leg of
the Pan American Games' qual-
ifying tournament because they
didn't have their visas.
Bronze Medal Performance:


Gold Medal Performance:
The team of Devin Mullings,
Marvin Rolle, Bjorn Munroe.
and H'Cone Thompson, cap-
tain by John Farrington with
Leo Rolle as coach, finally
returned to the American Zone
II Davis Cup tie.
The team went to Guatemala
and turned in a spectacular per-'
formance to accomplish the
Silver Medal Performance:
Mark Knowles and Daniel
Nestor clinched one of the two
Grand Slam titles that eluded
them as they won the French
Open in Roland Garros, beat-
ing the world's two best teams
on the same day to accomplish.
the feat.
Bronze Medal Performance:
Jermaine 'Choo Choo' Mack-
ey stopped Trinidad &
Tobago's Kirt 'the Technician'
Sinnette one minute and 30 sec-: ,
onds in the first round to win' .
the first Caribbean unification.
WBA FEDECaribe and WBC
CABOFE super middleweight
title fight.

Anthony 'Tony' Curry, 681;
passed away on Monday, Octo-'
ber 16 at his home. The former
Major League player suffered
from a five-year battle with
renal failure.
Jann Mortimer, 50, passed
away on Monday, January 15
at Princess Margaret Hospital.
The former veteran national
team player/coach suffered
from lupus, which she was diag-
nosed with ten years ago.


Donald's furniture


PAGE 30E, FRIDAY, JULY 6, 2007

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PAGE 32, FRIDAY, JULY 6, 2007

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