By CELESTE NIXON Tribune Staff Reporter firstname.lastname@example.org A GROUNDBREAKING ceremony was held yes terday to mark the launch of the first phase of construction on the highly anticipated Princess Margaret Hospitals redevelopment project. The project starts with the construction of a $75 million, world-class Critical Care Block, which, according to Prime Minister Hubert Ingraham, will be the countrys single largest investment in health care since the hospital was built nearly six decades ago. During his address at the ground-breaking ceremony, the Prime Minister said the block is just part of the governments holistic approach to health care and public well being. We are gathered here this morning to continue in our efforts to provide quality health care for the Bahamian people, he said. The project includes the construction of the Critical Care Block, a new entryway to the hospital and what are N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER PM:Boundary claims false Volume: 107 No.326THURSDAY, NOVEMBER 17, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUNNY, HUMID HIGH 84F LOW 75F B y CELESTE NIXON Tribune Staff Reporter email@example.com BLAMING the opposition, Prime Minister Hubert Ingraham said published accounts o f the Boundaries Commis sion's recommendations on constituency cuts were false. W hile admitting yesterday that some of the 41 existing constituencies might ber emoved in the run up to next year's general election, Mr Ingraham said reports naming Montagu, Clifton and Eight Mile Rock were inac curate and must have come from the Progressive Liberal P arty (PLP He said: In order to reduce the seats by three, wem ust eliminate three seats. I do not know where the story came from that has been carried in the newspapers. It c ould only have been leaked Details on cuts m ust ha v e come from the PLP TRY OUR PINA COLADA McFLURRY The Tribune THEPEOPLESPAPER BIGGESTANDBEST LATESTNEWSONWWW.TRIBUNE242.COM REDUCE YOUR POWER BILL TODAY!GET SUN CONTROL WINDOW FILMS to START SAVING NOW!REDUCE HEAT, FADE, AND GLARE CALL STORM FRAME WINDOWS FOR YOUR FREE ESTIMATE TODAY325-6633 By AVA TURNQUEST Tribune Staff Reporter firstname.lastname@example.org THE armed robbery of a student at the College of the Bahamas has added to criti cism over campus safety. Police are questioning a 21year-old Nassau Village man over the incident which occurred at the Oakes Field Campus on Tuesday night. B y TANEKA THOMPSON D eputy Chief Reporter email@example.com POLICE have beefed up patrols in the Fox Hill and Wulff Road areas following the killing of Randino Dinghy Pratt who was shot o utside a bar last weekend. A special duty team from the Central Detective Unit, along with investigators fromt he Fox Hill and Wulff Road p olice stations, are on the ground to gain intelligence to offset possible retaliation forP ratts murder. Were working as a team, we have beefed up our patrolsa nd our intelligence to ensure that no retaliation is done where innocent persons will be hurt, said Bernard K B onamy, head of the homi cide squad, yesterday. AT THE official groundbreaking, pictured from left, Camille Johnson, Permanent Secretary; Veta Brown, Public Hospitals Authority Board Chairman; Minister of Health Hubert Minnis; Prime Minister Hubert Ingraham; Minister of Works and Transport Neko Grant; Coralie Adderley, Chief Hospital Administrator; and Herbert Brown, Managing Director, Public Hospitals Authority. Photo:Patrick Hanna/BIS GR OUND BR OKEN ON NEW HOSPIT AL BUILDING EXTRA POLICE IN F OX HILL By DENISE MAYCOCK Tribune Freeport Reporter firstname.lastname@example.org FREEPORT Convicted murderer Justin Mader was sentenced to 33 years in prison on Wednesday by the Supreme Court after a very emotional plea to the victims family asking for forgiveness. With teary eyes, Mader expressed his sincere remorse to Yvette Patton, the mother of a young man who was discovered burned to death in his car on Grand Bahama Highway on March 12, 2010. Mader asked Ms Patton and her family to forgive him for what he had done. The two then embraced each oth er something never done before in the Supreme Court. On Tuesday, the second day of the trial, Mader pleaded guilty to the murder of 23year-old Devon Fritz. By SANCHESKA BROWN Tribune Staff Reporter email@example.com FNM MP Phenton Neymour said he is leaving it up to the party to decide where he runs for the 2012 election as he is torn between South Beach and Exuma. In an exclusive interview with The Tribune Mr Neymour said he cannot choose between the people of South Beach, who elected him, and Exuma, his hometown. There has been much talk about whether I will be running in South Beach or Exu ma. By TANEKA THOMPSON D eputy Chief Reporter t firstname.lastname@example.org POLICE urged families and friends of six men wanted for questioning in connection with murder investigations to turn them in or face charges o f harbouring a fugitive. Superintendent Stephen Dean warned those in contact with wanted persons that police may trace phone records to track down those wanted for questioning and loved ones who have been in communication with them. Police want to question Elandro Missick, alias Fifty, Andre Wallace alias Mugs, brothers Desmond and Deangelo Wilson, Oman Leon and Garrison Pyfrom Jr in connection with ongoing murder investigations. S S E E E E p p a a g g e e 2 2 S S E E E E p p a a g g e e 1 1 4 4 S S E E E E p p a a g g e e 1 1 4 4 S S E E E E p p a a g g e e 1 1 5 5 S S E E E E p p a a g g e e 1 1 2 2 S S E E E E p p a a g g e e 1 1 2 2 S S E E E E p p a a g g e e 1 1 3 3 33 YEARS F OR C ONVICTED MURDERER T HARBOUR THESE FUGITIVES ROBBERY ADDS TO SAFETY CONCERNS JUSTINMADER, outside court I NSIDETODAY Y Y O O U U R R S S O O U U R R C C E E F F O O R R O O B B I I T T U U A A R R I I E E S S NOBODYBEATSTHETRIBUNE MORE PICTURES IN THIS WEEKENDS... S EEPAGE 5 FOR ABIGT SNEAKPREVIEW W W H H O O I I S S T T H H E E B B E E L L L L E E O O F F T T H H E E B B A A L L L L ? ? im lovin it NEYMOUR: LET PARTY DECIDE
By DENISE MAYCOCK Tribune Freeport Reporter email@example.com FREEPORT The Eight Mile Rock High School Bas ketball Team visited Grand Bahama Shipyard executives on Tuesday to present them with the teams championship trophy in appreciation of the companys continued support. The EMR Blue Jays won the Vitamalt Classic Basket ball Tournament last week. Principal Dwayne Higgins said it is the first time the school has captured the Vitamalt Championship title. We came here today to say thank you, in a tangible way, to GB Shipyard for the support they continue to give us, he said. Mr Higgins said it is important for corporate citizens to give back to the community. He commended the shipyard for assisting in the development of a sporting facility at the school. Work on the facility is underway and will consist of a softball field, a baseball court and several soccer fields. Carl-Gustaf Rotkirch, CEO of Grand Bahama Shipyard, and Reuben Byrd, senior vice-president of operations, commended the team on their win. It is a pleasure to involve ourselves with the EMR High School, which we have been supporting for several years, Mr Rotkirch said. He said the shipyard is committed to giving back to the community. Mr Rotkirch noted that through its apprenticeship pro gramme, the company launched a number of community initiatives, including a food drive called Lend a Hand Give A Can; a Fishing Tournament slated for March 11; and the EMRH Sports Field Project. Mr Byrd said team work and leadership are very important at the shipyard. It is something we strive for here and we want to instil in our employees to give back to the community, he said. described as critical utility upgrades. T he facility will include six state-of-the-art surgical suites, a 20-bed intensive care unit, a neonatal intensive care unit for 48 newborns, new laborat ory facilities, a new sterile s upplies department and a n ew surgical supplies department. Mr Ingraham said: In a ddition to significantly enhancing access to more lifesaving and life-enhancing pre-s cription medication, we are m odernising and expanding tertiary, secondary and primary care facilities. Advances in computer and communications technologies are going to be used toi mprove health care quality, save lives and reduce costs, Mr Ingraham said. One of the most cuttinge dge technological innova tions has been the introduction of a pilot tele-medicine p rogramme, he said, enabling patients to be examined and assessedt hrough the use of communic ations technologies by doc tors in New Providence, with out having to leave their Fami ly Islands. Mr Ingraham said con struction of the new facility w ill also provide employment opportunities for hundreds of Bahamians. Already, he said, in p reparation for the completion of the Critical Care Block, 130 or more Bahami ans, exclusive of physicians and nurses, are being engaged to be trained. The completion of this proj ect will translate not only into i mproved health services, but a lso into more timely delivery of services improving the quality of health care facili ties for current and future generations, Mr Ingraham said. H ealth Minister Dr Hubert M innis said in order for the Bahamas to meet various new challenges ranging from HIV/AIDS to the high prevalence of chronic diseases, such as diabetes and hypertension,a nd significant increases in morbidity and mortality from criminal and family violence more resources and spacem ust be available. The new critical care complex will be housed in one b uilding. Services that are now provided in several dif ferent locations will be r eplaced with updated models a nd centralised, resulting in the a more efficient and effec tive approach to health care. The PMHs critical care facility and specialised criti cal team are on the front lines o f the 21st century battlefield of violence and trauma, the Prime Minister said. The construction of the first p hase will begin on Thursday and is expected to be completed by November 2013. LOCAL NEWS P AGE 2, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE HEALTH MINISTER Dr Hubert Minnis speaks at the groundbreaking ceremony Wednesday for the P rincess Margaret Hospital's new Critical Care Block. Ground broken on new hospital building f f r r o o m m p p a a g g e e o o n n e e HUNDREDS pack the Princess Margaret Hospital grounds on Novem ber 16 to witness the groundbreaking ceremony forthe new Critical Care Block. TROPHY FOR SHIPYARD
POLICE are looking for t hree men who robbed a convenience store on Jennie Street. At 9.25pm on Tuesday, the m en one of whom was armed with a handgun entered Blessed Hands Convenience Store near Balfour A venue and demanded cash. They robbed the store of cash and a laptop, then left in a white four door Nissan Max i ma and headed south towards Robinson Road. Investigations continue. LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 3 POLICE have removed 494 firearms and more than 11,000r ounds of ammunition from t he streets of New Providence t his year. At the end of 2010, police h ad seized just over 300 firearms. Yesterday, Superintendent S tephen Dean called on pers ons with illegal firearms in their possession to turn the weapons over to police or a community leader, or face prison time. Come to the police station, c all a police officer, or give it to your pastor because if you're found with the firearm i t's non-negotiable. The magistrate don't even have a discretion, you're goingt o prison and you will do the full time, not nine months you will do 12 months in prison. The police will find you and the chances are, you willb e the next person we will b ring into custody, said Mr D ean. Mr Dean said the increase i n illegal gun seizure is due to good police work. He added that 61 new offic ers were placed on the streets o f New Providence this week, which will add to the force's intelligence gathering capability. Police intelligence has increased, we have more per s ons on the road. Just today we put 61 new officers on the streets and most of them are g oing on the front line of policing today they were well trained particularly ino ur inner city communities to reassure the members of the public that they will get full police coverage. B y DENISE MAYCOCK T ribune Freeport Reporter firstname.lastname@example.org FREEPORT Grand Bahama Power Company president and CEO SarahM acDonald announced plans f or a fuel hedging policy t hat will provide greater fuel cost predictability for consumers. Plans to develop the hedging policy which wouldi nvolve a contract establishing a fixed or capped cost on fuel were discussed at the ICD Utilities annual general meeti ng on Monday. Ms MacDonald explained that hedging will smooth out the dramatic peaks that customers often experience in the surcharge and will help them to plan and budget. T he Power Company has come under fire over high electricity costs, and exorbitant fuel surcharge costs to consumers. In a press release issued by the company on Tuesday, MsM acDonald said fuel hedgi ng can be used to either partially or fully lock in the price of the fuel supply that will help stabilize the fuel surcharge for GBPC customers. This will mean GBPCs fuel purchases will be basedo n an average of prices over time instead of one price in a given month. The hedging programme will not reduce the long term price of GBPCs fuel oil but rather reduce the marketv olatility in what it pays for o il and what its customers pay for electricity, she explained. Ms MacDonald noted that the price of oil reacts to a number of forces that drives the price up and down. S he stated that in some cases the movements can be quite dramatic from month to month, and it is this volatility that creates changes month to month in the fuel surcharge portion of cus-t omers bills. M s MacDonald explained that both GBPC and customers are exposed to the market movements in the price of oil. She said that the hedging programme is used in otherE mera companies to stabilise costs. In reference to the fuel surcharge, Ms MacDonald said that improvements of efficiency due to the diligence and hard work of the GBPCs taff has resulted in steady declines in the fuel surcharge, s ince Julys 24.66/kWh fuel s urcharge. While the fuel surcharge is largely driven by the world oil market price of light and heavy fuel which we have no control over, weh ave been taking measures t o control the areas we can, l ike the efficiency of our generation mix, said Ms MacDonald. Due to our efforts, we saw the fuel surcharge drop inA ugust to 21.54/kWh and f urther declines resulting in 21.03/kWh for the month of November, she said. FUEL HEDGING TO HELP GB POWER CONSUMERS 494 guns taken off streets this year SUPERINTENDENT Stephen Dean POLICE SEARCH FOR ROBBERS POLICE seized a box containing a handgun, ammuni-t ion and marijuana at the San Andros Airport yesterday. R esponding to a tip, officers on Andros went to the airport and found the items at around 5.20pm. D etails were sketchy up to press time and no arrests were made, but police on the islands ay they are following significant leads. POLICE arrested an 18year-old man after confiscat ing an imitation gun. Officers patrolling Moore Avenue off of Wulff Road at 11.40pm Tuesday made the arrest after they heard gun shots. The officers followed the sound and saw a man in a blue hooded jacket and blue jeans. The man ran but was soon caught by officers. After the imitation gun turned up in a search, the Raymond Road, Marathon Estates resident was taken into custody for question ing. Active police investigations continue. HANDGUN SEIZED AT AIRPORT TEEN A GER ARRESTED OVER FAKE FIREARM DURING an armed robbery, stay calm and dont resist, police advise. Get a good look at the robber and if possible a description of the vehicle used to escape. Remember your safety comes first money and merchandise can be replaced, your life cannot, said Sergeant Chrislyn Skip pings. CRIME TIP
EDITOR, The Tribune. Re: Money the motive for many inmates The Tribune, November 4, 2011. Urban legend has it that when the extremely prolific depression-era robber, Amer ican Willie Sutton, was asked by a reporter: Why do you rob banks? his reply was: Because thats where the money is. Seventy plus years later, the COBs cutting-edge research has now contributed much further to our understanding of the cause of crime, and promises to be a very useful tool in reducing it. Hopefully, the COB will also inform the FBI and Interpol etc. that money is the motive for a lot of crimes. KEN W KNOWLES, MD Nassau, November 12, 2011. EDITOR, The Tribune. Today, I had the misfortune to try and drive from the Westv ia Independence Drive and Prince Charles to Village Road. I can fully understand the frustrations of anyone who drives regularly in that area and was surprised not to seea crowd of frustraters (a new word) doing the occupy Wall Street act on Prince C harles. I t seems to me that fast p rogress on this road improvement effort is sadly l acking and since having been a way in the summer things h ave got worse rather than better. T ravelling East along P rince Charles towards Soldier Road I came across a s ign that said road closed the detour signs were lacking a ny sort of information that m ight help the driver decide what to do about getting to Wulff Road and then VillageR oad. I turned left and then immediately got lost andf inally ended up on the r oad to St Augustines going e ast. I noticed that the traffic was now going West so followedt he car in front and ended up on Bernard Road near Kingsway Academy and final-l y managed to make it to Village Road. The road construction company should be thoroughly ashamed of thems elves for their total lack of d etour singage that made sense or perhaps they care less and the Ministry of Works should be ashamed of themselves for not insisting the company do a better j ob. I very much hope that the c ontract has lots of penalties as in the time it is taking to improve Prince Charles it seems to me they could have built the entire road system in New Providence. I rather think that the Independence Drive roundabout comes under the same companys contract and it is taking e ven longer. Get a grip somebody and either throw the contractorso ut or make them work to some deadline which we should all know about and not vaguely before Christmas. PATRICK H THOMS ON Nassau, N ovember 15, 2011. EDITORIAL/LETTERS TO THE EDITOR P AGE 4, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas I nsurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES S witchboard (News, Circulation and Advertising) 322-1986 A dvertising Manager (242 C irculation Department (242 N assau Fax: (242 F reeport, Grand Bahama: 1-(242 Freeport fax: (242 W EBSITE w ww.tribune242.com updated daily at 2pm ECONOMIST Mario Monti formed a n ew Italian government without a single politician on Wednesday, drawing from the ranks of bankers, diplomats and business executives to make sure Italye scapes looming financial disaster. T he 68-year-old former European Union competition commissioner told reporters he will serve as Italys econo-m y minister as well as premier for now a s he seeks to implement sacrifices to heal the countrys finances and set the economy growing again. Monti and his new cabinet ministers w ere to be sworn later Wednesday, formally ending Silvio Berlusconis 3 1/2y ear-old government as well as his 17year-long run of political dominance. Monti said he would lay out his emer g ency anti-crisis policies in the Senate on Thursday, ahead of a confidence vote. A second vote, in the lower Chamber of Deputies, will follow, likely on Friday. He stressed that Italys economicg rowth is a top priority. Hopes for Italys new administration w on it some respite in financial markets Wednesday. The yield on its ten-year bonds dropped 0.16 percentage point to 6 .77 per cent. In the last week, that bor rowing rate had flirted over 7 per cent the level that forced fellow eurozone members Greece, Ireland and Portugal to seek international bailouts. Up until summer, Italy had mostly a voided the European debt turmoil d espite having a jaw-dropping amount o f debt: $2.6 trillion, or nearly 120 per c ent of its GDP. But after frequent delays and backtracking on austerity measures, markets lost faith that any Berlusconi government could fix Italys e conomic issues. Restoring confidence in Italys finan c ial future is crucial because, as the third-largest economy in the eurozone, it is too big for Europe to rescue. A debt default by Italy would threaten the euro itself and shake the global economy. Monti gave few hints about his politi c al programme Wednesday, sidestep ping a question about whether the government would dip into citizens bank accounts as it did decades ago during another debt crisis. You may ask, he replied, but went no further. E xplaining why his Cabinet contained no one from Italys fractious political parties, Monti said that his talks with party leaders led him to the conclusion that the non-presence of politicians in t he government would help it. His ministers include Corrado Passera, CEO of Italys second-largestb ank, Intesa Sanpaolo SpA, to head D evelopment and Infrastructure; Piero Gnudi, a longtime chairman of Enel utility company, as Tourism and Sport minister in a country heavily dependent on t ourist revenues; and the current Italian ambassador to Washington, Giulio Terzi d i SantAgata, to be foreign minister. An historian of the Catholic church with close ties to the Vatican, Andrea R iccardi, was named minister of international and domestic cooperation, a choice that seemed to reward pro-Vatican lawmakers in Parliament. Still, his choices raised some eye b rows. This government, ties to banks, to b usiness, to the Vatican, to private universities to the usual names is the opposite of what this country needs, s aid Paolo Ferrero, leader of Rifon dazione Comunista, a tiny, far-left party. Passera also sits on the board of direc tors of Milans Bocconi University, which forms Italys business elite. Monti is currently the head of the Bocconi. B ut analysts gave Montis selections a t op mark, insisting the Cabinet ministers w ere independent. I think the quality of the people is very high, said Roberto DAlimonte, a political science professor at Rome's LUISS University. All these people are v ery high-caliber, and highly respected, independent. M onti says Italy can beat the crisis if its largely polarized citizenry often bitterly divided over Berlusconi's long tenure can pull together. He has also met with union leaders and business representatives. I hope that, governing well, we can make a contribution to the calming and the cohesion of the political forces, Monti told reporters. By Colleen Barry and Frances DEmilio, Associated Press. Prince Charles trials and tribulations LETTERS email@example.com A government without politicians EDITOR, The Tribune. I stumbled across a beautiful poem a few years ago, written in reference to Ango-l a. R ecently I re-read this beautiful piece of material and it speaks large vol-u mes of my expectations within the Bahamas. I also want to dedicate this to Mar c o Archer. I want to see here alongside this silent hero of twelve y ears those men who are so ardent for the equality of men. I want to see here on this soil stained with the blood of a twelve-year-old youngster t he mothers of the free chil dren of the same age. I want to see here along side this tortured body the c lamour of those who cry out against war here alongside the brave heart of such as die at the age of twelvet hose who speak of tomorr ow and promise the distant future. I want to see here the men w ho know about space and control the cosmic flights and do heart transplants and d ecode the electronics of sound and sing to burst the eardrums and paint good pictures and argue the fine points o f issues in front of this ravaged corpse of a twelve-yearold. Here alongside this child cut off at the age of twelve I want to see oceans lakesp alm groves and paper toyboats. Here the weapons from all sources promising solid arity on the sure path to life. I want to see here alongside the cold body of the smil-i ng twelve-year-old children w ith pencils and exercise books learning to write just his name. A nd purged at last of these cliffs of anger the day will be filled with roundelays on the e vergreen youth around the stone raised in remem brance. T he name of this poem is Augusto Ngangula; it was written in 1961 by Costa Andrade. ELKIN B SUTHERL AND Jr Nassau, November 2011. Oh Bahamas, I want to see here... C C r r i i m m e e r r e e s s e e a a r r c c h h r r e e s s u u l l t t s s a a r r e e s s t t a a t t i i n n g g t t h h e e o o b b v v i i o o u u s s
See this Saturdays Big T for full photo coverage and to find out who made the best dr essed and best co-ordinated couple lists. Who is the belle of the ball? LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 5 5LFKSSUHVVRUV:LOO%H-XGJHG &RPHQRZ\RXULFKZHHSDQGKRZO IRU\RXUPLVHULHVWKDWDUFRPLQJXSRQ \RX
THE Bahamas officially bade farewell to US Ambassador Nicole Avant during a w arm reception at the Balmoral Club. A mbassador Avant is scheduled to leave the country on Tuesday, November 22, after a two-year tour of duty. S he is the first ambassador appointed to the Bahamas under President Barack Obama's administration. Deputy Prime Minister and M inister of Foreign Affairs Brent Symonette recognised t he work done by Ambassador Avant, who he said ensured that President Oba mas message of hope and i nspiration resonated with the Bahamian people. Your Excellency, we will always remember your spirit of giving, inspiration and h ope, and we trust this spirit will continue to positively a ffect those wherever you go, Mr Symonette said. The assistance you pro vided to children in need of l ove, hope and support has renewed efforts to bring awareness that individuals, e specially children with intel lectual or physical challenges, have just as much of an equi-t able stake in society as those w ithout such challenges, he said. As we support them t ogether, we work toward a m ore inclusive, tolerant and compassionate Bahamas. Mr Symonette thanked the ambassador for supporting families of children with autism, aiding the local Spe c ial Olympics programme, and encouraging children to read more books. He also recognised her efforts to strengthen diplo matic relations between the Bahamas and the United States in the fight against drugs, arms and human traf-f icking. Mr Symonette hailed the s uccess of the recent Caribbean Basin Security Ini tiative, at which the United States reaffirmed it's com mitment to regional partnership to enhance safety in the region. Prior to taking up her post in the Bahamas, Ambassador Avant was the Southern Cal ifornia finance co-chairwoman of the Barack Obama Presidential Campaign. She also served as the vice president of Interior Music Publishing from 1998-2009. Ambassador Avant focused on five priority initiatives in the Bahamas: education, alternative energy, economic and small business development, womens empowerment, and raising awareness about the challenges facing people with disabilities. LOCAL NEWS PAGE 6, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE Fond farewell to departing USambassador AMBASSADORAVANT, centre, with Deputy Prime Minister and Minister of Foreign Affairs Brent Symonette and Robin Symonette. Photo:Kris Symonette/BIS
LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 7 G OVERNOR General Sir A rthur Foulkes will be in Grand Bahama on Friday for a massive One Bahamas celebration at Independence Park in Freeport. S ir Arthur will be making h is second consecutive visit to Grand Bahama for the occasion, which is observed nationwide during the month of November. He will be the featured s peaker at the flag raising ceremony which gets underway at 10am. Also travelling to Grand Bahama will be co-chairmenof the One Bahamas Foundation Sir Orville Turn-q uest, the countrys fifth g overnor general, and sailing legend Sir Durward K nowles. Deputy director of educat ion and former chairman of t he One Bahamas Grand Bahama committee, Cecil Thompson, said hundreds of students from every corner a nd settlement on Grand Bahama will assemble at Independence Park on Friday. It should be noted that b ecause of the creative, passionate and extraordinary part icipation of the schools in this district in the One Bahamas programmes, during the past1 6 years Grand Bahama has maintained her reputation as our countrys undisputed capi tal of One Bahamas celebrat ions, he said. O ne Bahamas came about in November 1992, when the t hen minister for Youth, Sports and Culture Algernon Allen sought to bring then ation together in love and unity. T he country had just gone t hrough a tough election p rocess which saw a change in power for the first time in 25 years. M r Allen felt it was time for a national healing effort, and encouraged Bahamians to speak about the things that should unite us. T he first major event organised by the Grand B ahama committee was a church service held on November 13 at Community Holiness Church in Eight M ile Rock. T he high point of the celebrations will be Flag and TShirt Day on November 18. O n that day, all local radio stations will be invited to play the national anthem at 10am, and the public will be invited to take a break from theirn ormal routine and appreciate what it means to be B ahamian. Another major One Bahamas event is the fun run/ walk and health screening s cheduled for November 19 a t the Government Complex in Freeport. CDW + taxes + fees + unlimited miles alamo.com MINIVAN W EEKLY FROM $ 265USFor reservations, please contact Going Places Travel at (242 or (786 245.0520 or at 1.800.468.3334 Be sure to request rate code RC1 Ryour minivan for this holiday season! ESERVE R ate valid through December 31st, 2011 at participating Florida locations. A peak season surcharge of US$50/day and US$250/week applies from December 15th through the 31st. Rates, terms and conditions are subject to change without notice. in Florida Governor general to visit Freeport for celebration GOVERNORGENERAL Sir Arthur Foulkes.
PAGE 8, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE RESIDENT PROMOTION Adults 79$Kids 49$No reservations required, based on availability. For general inquiries call 363-6950.Aquaventure passes and lunch vouchers are available at the Discover Atlantis Desk in the Coral Towers. Proof of residency required for discounted rate.Includes: Complimentary Parking included with Package PurchaseLocated at the Atlantis Self Park Facility at the rear of the Craft CenterComplimentary Lunch Voucher Redeemable at express outlets onlyAccess to all Atlantis Pools, Slides and Rides August 20th November 20th Cable Beach Branch Relocation...We wish to advise our valuable customers that effective Monday, November 21, 2011, the Cable Beach branch will relocate to its new location on West Bay Street in the new Baha Mar Commercial Village.NEW PHONE NUMBER: 242-702-8100 We look forward to serving you at our new home.*Trademark of The Bank of Nova Scotia, used under licence (where applicable)
MINISTER of State for the Environment Phenton Neymour has commissioned a r everse osmosis water plant for the island of Eleuthera. I n his official address, he s aid desalinating natural water throughout the B ahamas has been a goal of the government for the past1 8 years. M r Neymour said: I was a y oung engineer there when w e began the desalination supply of water throughout the entire Bahamas. We began with Windsor F ield Reverse Osmosis Facili ty, then we went to the various Family Islands, from San S alvador to Inagua to Bimini, so it was the beginning of a t ransition. We are now to the point w here, in New Providence, we a re approaching 90 per cent of water being provided by reverse osmosis with the objective of providing better quality water for Bahamians. T he new Tarpum Bay/Rock Sound Reverse Osmosis Plant i n Winding Bay, Eleuthera w as commissioned as part of National Energy Awareness Week, held from November 4t o 11. Tarpum Bay and Rock Sound communities have long depended on ground water f or their water supplies, Mr Neymour said. As populations grew in t hese communities, systems expanded and the demand e xceeded the safe water yields, resulting in the increas-i ng deterioration of water q uality as a result of high s alinity. Despite major projects in the mid-1990s and the early 2000s, which addressed infrastructure needs throughout E leuthera, including the dist ribution system in Tarpum Bay and Rock Sound, ground w ater continued to be the source of supply. T he Water and Sewerage C orporation (WSC a greement in December 2010 w ith Aqua Design Bahamas Ltd, a subsidiary of General Electric, to build a 200,000 imperial gallon per day desalination plant. The construction works were completed in June, w hich was only in six m onths, said Mr Neymour. For the first time in decades, your communitiesc an boast of water quality that many of us still buy in bottles for over 100 times the price. What is equally important and unique about this facility a nd how it ties in with our cele bration of National Energy Awareness Week, is the powe r purchase agreement (PPA between the Water and Sew-e rage Corporation and B ahamas Renewable Energy C orporation, called BREC, w hich seeks to utilise renewable energy as a power source. The PPA is based on wind e nergy and is intended to r educe the cost of electricity, which is typically 30 to 45 per c ent of the total cost of desalinated water. LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 9 The Mercedes-Benz C-ClassYour most enjoyable drive ever.The Mercedes-Benz C-Class is a pleasure tobehold offering a new interpretation of driving pleasure. Its taut lines lend it an air of effortless superiority while the wide radiator grille and distinctive rear section announce a vehicle with a real presence and dynamic personality. Few cars can compete with its ability to adjust so many facets of its character from the interior to the drive technology so quickly and precisely in response toexternal conditions and your own particular needs. The key to this flexibler esponse is the standard-fit Agility Control Package which includes selective damping. The interior offers noticeably more space and a more distinctive atmosphere tosuit your taste. As you will see, the C-Class is the perfect embodiment of the Mercedes-Benz philosophy.Tyreflex Star MotorsWulff Road, P. O. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 Fax 242.323.4667OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY. New water plant for Eleuthera HOUSE SPEAKER and MP for North Eleuthera Alvin Smith drinks water produced at the plant. P hoto:Kris Ingraham/BIS
LOCAL NEWS PAGE 10, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE By DANA SMITH firstname.lastname@example.org R EPRESENTATIVES for Cable Bahamas Limited officially launched Revoice, a new telephone voice service which they call the voice alternative for the Bahamas. Revoice was announced y esterday afternoon and is exclusive to New Providence, with Family Island service coming very soon in the new year. The product brings, for the first time, a reliable and affordable fixed line voicea lternative to the incumbent phone company, said Keith W isdom, Cable 12 Director. Customers will experience significant improvement with enhanced service quality and all inclusive features and, ofc ourse, affordability, Dr Wisd om said. He also spoke about a special feature of Revoice, where calls can be rerouted to another phone if service ever drops. Most importantly, in the e vent of a temporary disruption of service, Revoice has a s pecial feature that allows customers to automatically route calls to an alternate number, Dr Wisdom said. This can be any number such as am obile phone, friend, or work n umber. When the disruption is restored, calls automatically ring back to your Revoice number. This means customers will never loose a call. Mark Cabrelli, Vice-Presid ent of Marketing and Sales, stated that although the service i s exclusively for New Providence at the moment, the launch will extend to the Family Islands as soon as next year. The intent is to get everyw here we can provide service, M r Cabrelli said. But from now until the end of this calendar year, itll be New Providence only. Adding that the Family Island launch will arrive very soon in the new year. Mr Cabrelli also revealed t hat although the official launch was yesterday, they already h ave customers on board. We have had trial customers already and paying customers because we did a soft launch to introduce thep roduct, he said. The numb er (of customers thousands, now... and we hope thats going to increase substantially. The new service includes a multitude of features such as: voicemail, call forwarding,c all waiting, three-way calling, caller originator trace, a nd selective call acceptance or rejection. Cable Bahamas will continue to demonstrate that we are the proven partner ofc hoice for communications in t he Commonwealth of the Bahamas and the development of the Rev product set reflects this, Dr Wisdom said. New telephone voice service is launched
Were also working along with officers from the Wulff Road station who have responsibility for that area and also the (officer bility for the Fox Hill area because we know thats the area he lived in. We're trying to bring some closure to family members and try to make some sense of what actually took place early Saturday morning. Pratt, 29, was celebrating with friends at a nightspot on St James Road during the early hours of Saturday morning before he was killed. Police described him as a known criminal but could not confirm if he was on bail for an offence at the time of his death. Pratt and Deslin Nichols who was also killed earlier this year were both charged with murder in 2005 after being on the run for nearly three years. The pair were accused of the 2 002 murder of Kirk Tank Dog Ferguson which is believed to have sparked the retaliation killing of Pratt's mother and her son. Ferguson, 30, was shot near Sandilands Primary school. The double murder of Rosemary Bennett Wright, Pratt'sm other and her seven-year-old son Jakeel Wright on March 6, 2005, is believed to have been a revenge killing for Ferguson's death. Both were shot dead in their beds at their home on Adderley Street. LOCAL NEWS P AGE 12, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE According to reports, a male student was approached by four men, one of whom was allegedly armed with a handgun. The thugs stole the students laptop and fled the scene, according to police, who arrested one suspect at Carter Street, Oakes Field. The incident comes on the heels of an alleged robbery at a classroom block last month. The reports were investigated by campus security and administration, however, no factual information could be obtained. As unconfirmed reports of criminal activity on campus continue to trickle in, Renbert Mortimer III, student union president, called out for greater accountability from students and administration to address mounting security concerns. In incidents like this, we only have one angle, Mr Mortimer said. Students need to report what is actually happening, and provide more evidence to assist investigations so that the right s teps can be taken. There is no defence for students, and theres a fear of the student body to publish complaints properly. Come forward, provide evidence so that the college can make a more justified decision. I dont feel justice is happening. R umors of physical conflicts with security, armed robberies, attempted rapes and other crimes alleged to have occurred on the Oakes Field Campus are often not explored due to insufficient evidence, Mr Mortimer said. Last week, security guards at the Oakes Field campus distributed flyers stipulating safety guidelines for using the campus at night, and tips on how to avoid robberies and what to do during an assault. I hope that students will s tep up and rally for a more secure campus, said Mr Mortimer Although students arent speaking out, theres a lot of injustice and criminal activity not being reported. Mr Mortimer added: We need students to bring it to the f orefront, so we can approach the college and address these issues. A college spokesperson said an official statement would be released on the incident; however, no response was given last night. ROBBERY ADDS TO SAFETY CONCERNS f f r r o o m m p p a a g g e e o o n n e e f f r r o o m m p p a a g g e e o o n n e e EXTRA POLICE IN FOX HILL
Police also want to question Kenny Roberts and Keith Oliver in connection with fraud investigations. Mr Dean said police intellig ence suggests that the men are all in New Providence. These persons are sleeping in homes in New Providence, these persons are driving in cars in New Provi-d ence, these persons are at s ocial events in New Provid ence. They are living in neighbourhoods where (people) know who these persons are. We are saying to you, p lease, these prolific offenders w ho continue to be like some pillars in some of our communities, we want them weeded out. We want to reverse those pillars with more positive role models. These (persons sleeping in bushes, they are sleeping in homes. Were saying to you, it is a criminalo ffence to harbour anyone who has (allegedly ted a crime, particularly if you have knowledge of that (alleged He warned families and loved ones of the men that they could face harsh penal-t ies if they are found hiding men wanted for questioning. The days are gone where we will be negotiating withp eople who harbour (wanted persons). If we find you, which we will do, we will find you, we a sk you to turn those persons in and if we meet them on your premises you and all sundry will be arrested and dealt with in the full extent of the law. If we track the (phone r ecords (and find are in communication with him we will be dealing with you, said Mr Dean. P olice want Missick's assistance with their investigations into the murder of Damien Bowe who was shot in Kemp Road. Wallace is wanted for questioning in connection with the murder of Leonardo Lewis,w ho was shot in the morning at Palmetto Avenue as he was heading home around 6am on Thursday, September 15. T he two brothers are wanted for questioning in connection with the murder of Bradley Viticus who was shot i n the Crooked Island Street area, but died in hospital. Ormand Leon is wanted for questioning in the investigation of Franscico Hannas murder. Hanna was shot in Wilson Tract. D etectives think Pyfrom can help their investigation into the stabbing death of a 1 7-year-old girl at Moss Town, Exuma, which reportedly occurred around 8.30pm o n Friday, August 12. Ormand Leon, 22, of H omestead Street off Wulff Road is wanted for questioning in connection with a murder at Wilson Track, which occurred on Sunday, J uly 10. Officers of the Central Detective Unit think Chisolm m ay have some information about a double shooting on Fowler Street off East BayS treet, which occurred on Wednesday, October 26. The countrys homicide c ount was 110 as of last night. LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 13 About RBC and RBCWealth ManagementRoyal Bank of Canada, which operates under the brand name of RBC, is Canadas l argest bank, one of North Americas leading nancial services companies, and among the largest banks in the world as measured by market capitalization. Through a network of ofces worldwide, the international division of RBC p rovides comprehensive wealth management services to high net worth individuals and institutional clients in select markets around the world. R oyal Bank of Canada Trust Company (Bahamas) Limited is a leading international private bank and trust company in the Bahamas, one of the worlds premier nancial centers, serving high net worth individuals and corporate i nstitutional clients.R oyal Bank of Canada Trust Company (Bahamas) Limited is looking to hire a Senior Trust Of cerThe Senior Trust Ofcer will report into the Head of Trust Services, RBC Wealth M anagement Caribbean and will be responsible for administering a portfolio o f complex trust structures for high net worth individuals as well as providing s upport, strong leadership and fostering teamwork amongst a group of highly motivated professional Trust Ofcers and Trust Administrators, ensuring that all administrative issues are dealt with accurately and ef ciently. K ey accountabilities include: Ensure that strong technical knowledge of all aspects of trust and company administration is delivered: this includes attending client meetings and understanding the correct administrative needs associated with the structure. Providing assistance to increase prtability of the company/shareholder value by identifying opportunities to extend the trust services, and to use the bank offering to implement solutions for clients where appropriate. Proven superior sales acumen, with ability to attract, build and strengthen r elationships with key clients and intermediaries and identify new ideas in r elation to products and services that may be offered by the company. Maintains and grows revenue through building relationship with the PRM in retention and extension of existing clients accounts, cross selling and o btaining new clients through existing client referrals. Review pr tability o f each administered trust, company and other duciary structure and take remedial action where appropriate taking into account the degree of risk and complexity associated with the structure and the value given to Client. A key role in the on boarding of new trusts and companies Working closely with referral sources, internal and external partners to deliver superior client experience during the take on process. Responsible for the supervision, training and development of a team of Trust Ofcers and Administrators. Provide input on trust policies and procedures to other members within the unit as and when required. Work in a fast paced, high growth environment and demonstrate leadership in c hallenging situations with aggressive deadlines and service standards. R equired Quali cationsand Skills: A University degree in business, accounting, or other related discipline. A minimum of ten years relevant experience. Professionally qualied, e.g. accounting/ nance qualication, STEP, ICSA, TEP, ACCA or a qualied attorney who has experience working in the eld of trust law and company law. Possess a superior knowledge of Trust (complex and simpleompany and Fiduciary structures, and tax and legal issues affecting the administration of Trusts and Companies. Experience with the preparation and presentation of nancial and estate planning proposals to high net worth individuals. Fully knowledgeable on the abilities of the trustee, and strong decision making demonstrated. Self-motivation with excellent project management skills. Demonstrably strong technical knowledge of all aspects of trust and company administration, including the nuances and statutory requirements of the major offshore jurisdictions used in connection with clients structures. Strong analytical and problem-solving skills, methodical, thorough and attentive to detail. Strong supervisory skills coupled with the ability to lead by example. Fluency in a foreign language preferred. (Spanish or French preferred) Strong skills in time management and prioritization. Excellent oral and written communication skills. Cultural awareness and sensitivity on both an individual and corporate basis. Ability to work in other RBC Wealth Management ofces within the Caribbean as required Excellent at relationship management and working with others, as demonstrated through experience and references. About Our People, Our Culture We believe our people are our main strength, and to this end we are dedicated to continually developing our employees. This position offers opportunities for career progression and appropriate training will be provided. We offer an attractive compensation package, which includes incentive bonuses and a comprehensive health & bene ts plan. Remuneration will be commensurate with qualications and experience. Interested persons should apply by November 24, 2011 to: Royal Bank of Canada Trust Company (Bahamas) Limited P. O. Box N-3024 Nassau, NP, Bahamas Attention: Human Resource Department Via Email: email@example.com Only applications from suitable qualied candidates will be acknowledged f f r r o o m m p p a a g g e e o o n n e e Harbour fugitives and you commit a crime
LOCAL NEWS PAGE 14, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE by the PLP as to which seats w ill be eliminated but it is n ot a true story. M r Ingraham said the Free National Movement has been committed to reducing the size of the House of Assembly since first elected. In 1997, hep ointed out how his party cut the number of seats from 49 to 40 while under the subsequent PLP government, it was increased to 41. Mr Ingraham said it has always been the FNMs inten-t ion to reduce seats to 38, the minimum under the Constitution. In terms of how the lines are configured, I am not familiar with the details of that, said Mr Ingraham. All I know is the FNM w ould have drawn equitable and fair lines consistent with its mandate to see as many seats as possible have an equal number of votes, and where they are not equal, ensure the inequality does not exceed a certain percentage. T he Prime Minister said the Family Islands will continue to have 10 seats, even thought hey have 10 to 15 per cent of the total registered voter population in the Bahamas. G rand Bahama will also m aintain its current five seats. There are now 96,000 reg istered voters in New Provid ence, Mr Ingraham confirmed. He said: New Providence h as 77 per cent of the populat ion and so we are so we are seeking to have 23 seats which should produce ana verage number of voters per constituency of 4,170 or there about. Mr Ingraham also confirmed the Boundaries Commission will propose that some constituency names be changed and boundary lines a ltered. Responding to recent PLP claims that a smaller number of seats will put a strain on members of Parliament, MrI ngraham said with boundary changes, constituencies in New Providence will grow on average by 500 voters. The argument that such an increase would spread MPst oo thin is nonsensical, according to Mr Ingraham. I do not understand what they mean by a strain on MPs, the lazy ones among us will always be lazy. I cannot imagi ne why there would be a s train on an MP in New Providence to visit his constituency and be responsive to them, after all the government gives them $1,500 a month to maintain an office and be available t o them, he said. Let me make this clear, South Beach has elected me and supported me and I am proud and thankful for that. In fact, I never knew how much I was appreciated since the issue of Exuma came up, he said. I was born in Exuma and the majority of my family still resides there. My family has requested me to go there. I feel at home there. It is the island I love and I hope one day to represent them. Mr Neymour said if he is chosen to run in Exuma, he is not worried about the current Member of Parliament, Anthony Moss, because he is sure he can defeat him. I am not overly concerned about Mr Moss. He should not be concerned about me. He has his own concerns. From what I hear, his own party (PLP him. What I am concerned about is the island of Exuma and its development, he said. The race is not about me or Mr Moss, it is about finding the best possible leadership for the island. Exuma is in need of leadership. It is in transition and needs someone strong and influential who has the full support of their party.I have always assisted Exuma and I will continue to assist them. The Boundaries Commission recently proposed joining Ragged Island to Exuma to f orm one constituency. Currently it is joined to Long Island. Ragged island is perceived as an FNM stronghold and political observers have speculated it was merged with Exuma to secure a win for the party. Mr Neymour denied this was a move by the government to increase his chances in Exuma, but rather the only sensible thing to do. Joining Ragged Island to Exuma is the right choice since that is how it was for years. Ragged Island has always been in Exuma. Only recently, over the last two elections, has it been attached to Long Island. So we are only reuniting it to where it has always been, he said. The daily operations for Ragged Island all run out of Exuma already. If you go to Exuma you will notice most of t he people there originated from Ragged Island. Mr Neymour said regardless of whether he is ratified for Exuma or South Beach, he will serve to the best of his ability. The Boundaries Commission is expected to complete its final report by the end of the week. f f r r o o m m p p a a g g e e o o n n e e f f r r o o m m p p a a g g e e o o n n e e Phenton Neymour: Let the party decide PM:BOUNDARY CLAIMS FALSE P MHUBERTINGRAHAM
LOCAL NEWS THE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 15 He also pleaded guilty to armed robbery, possession of an unlicensed firearm and possession of ammunition. Bradley Burrows, who was also charged with Mader, was on Monday acquitted of all the charges in exchange for becoming a key witness for the Crown. At the sentencing on Wednesday, the prosecution informed J ustice Hartman Longley that the mother of the deceased wished to address the court before sentence was passed. D efence Attorney Carlson Shurland did not object. Ms Patton told Mader that her son had plans for his future and did not deserve to die the way he did. The only thing I have left of my son is his ashes. You can talk to your family, but I can only talk to a picture because you took him away from me, said Ms Patton, wiping tears from her eyes. Ms Patton said Devon was h er first born and a good brother to his two sisters. She told Mader that she does not hate him. I pray for you everyday. I forgive you, she said. Prosecutor Erica Kemp recommended a prison term of 33 years on the murder count, 15 years on the second count, and 10 years each on the third and fourth counts. She said sentences are to run concurrently. Mrs Kemp noted that Mader had been in prison awaiting trial since last April and said the time would be taken into account. Attorney Carlson Shurland said that he approves of the sentence handed down on his client. I feel (the sentence and it allows him to be rehabilitated and to become a productive member of society. Itw ill serve as a lesson he can carry to prison. Mr Shurland stated that his client did the right thing by pleading guilty to the offences and by expressing his remorse. He could have received 50 to 60 years. It was a no brainer to plead guilty of the offence which he admitted and confessed, and saving himself 30 years of jail time, he said. Maders family did not take the sentence well. As Mader was led away in handcuffs by police, a family member, who was identified as the mother, wailed and collapsed to the ground outside the courthouse. f f r r o o m m p p a a g g e e o o n n e e 33 YEARS FOR CONVICTED MURDERER
AMANwho received a l ife-saving defribrillator has r eturned to the Bahamas hospital that helped him in order to receive a surgical upgrade. In 2002, Guyanese native Professor Ulric Trotz became the first person to receive ac ardiac resynchronization t herapy defibrillator (CRTD from a Bahamas surgical team. The CRTD is a life-saving device for patients with heart conditions. He returned to the B ahamas this month for an u pgrade, deciding to work with the same cardiac team at The Bahamas Interventional Cardiology Centre (Cath Lab pital that helped to turn his l ife around. Professor Trotz expressed his confidence and satisfaction with the care and serviceshe received and nine years late r, he returns to The Bahamas and The Bahamas Heart Centre from Belize where it was arranged to have his life-saving device replaced, said Domica Davis, marketing and public rela t ions officer at the Bahamas Heart Centre. The team of Dr Delton Farquharson, surgeon, Dr Pablo DeSouza, anaesthetist, Antoine Roberts, cardiovas-c ular technologist, and Celeste King-Dorsett, chief cardiac nurse, completed theu pgrade successfully. Professor Trotz returned to Belize with a hearty smile. H e expressed that he feels g reat and is so confident of the surgery, he is going to wear a white shirt every dayf or the rest of his vacation. Gods willing, outside of pleasure, he will return to theB ahamas to Dr Conville Brown and team for another check-up, said Ms Davis. T he implanted device resets t he timing of the hearts ventricles while also providing a backup system in case of sud-d en cardiac arrest. In 2002, Professor Trotzs routine vacation to theB ahamas turned into a nightmare when he became seriously ill with acute heart failu re. He was treated by Dr C onville Brown, who with the wider team, oversaw the complete recovery of ProfessorT rotz. The fact that Professor Trotz flew all the way to theB ahamas for his device to be replaced, makes him and his team extremely pleased and happy, said Dr Brown. He could have gone anywhere in the United States, but he chose the Bahamas. Its howed the confidence he had in our services; it was enough to return nine years later, he s aid. T he case of Professor Trotz demonstrates the multiplier effect of medical tourism,s aid Dr Brown. What we did was ensure that shortly after his proce-d ure, we were able to get him to join his wife and enjoy the amenities here in the Bahamas. This is somethingt hat needs to be encouraged at a much larger scale in the Bahamas, he said. N urse King-Dorsett, of the Bahamas Heart Centre, said: This speaks volumes f or the medical tourism i ndustry. Tourists can travel to the Bahamas and know that therea re doctors here who are trained and fully qualified to not only take care of them,b ut provide any intervention that may be required. LOCAL NEWS PAGE 16, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE Patients trip shows faith in team E XPERTSTAFF: P ictured, from left, at the Bahamas Interventional Cardiology Centre at Doctors Hospital are cardiac nurse Math-e w Sebastian, head n urse Celeste KingDorsett, surgeon Dr Delton Farquharson, Professor Ulric Trotz, cardiologist Dr Bimal Francis,C ath Lab technolog ist Antoine Roberts and anaesthetist Dr Pablo DeSouza.
B y NEIL HARTNELL Tribune Business Editor The Government has little choice but to continue privatising key revenue-generating agencies such as the Registrar Generals Department, a leading accountant warning yesterday that thepublic sector was failing to attract the talent that is needed to take the country into the next century. Raymond Winder, managing partner of Deloitte & Touche ( Bahamas), told Tribune Business that despite the Governments commitment to reducing public sector response times and improve efficiencies, it not appear to be making the headway we need to make to be more competitive. Suggesting that this reduced the Bahamas attractiveness as a for B y NEIL HARTNELL T ribune Business Editor FIRSTCARIBBEAN International Bank (Bahamas of following its Jamaican affil i ates lead by de-listing from the Bahamas International Securities Exchange (BISXT ribune Business was told yesterday, even though the percentage of its stock in Bahamian public handsr emains well below the exchanges minimum 25 per cent threshold. Marie Rodland-Allen, FirstCaribbean International Bank (Bahamas director, responding to Tribune Businesss inquiries after its Caribbean affiliate unveiled plans to de-list from the Jamaican Stock Exchange, said: We have for mulated no plans to de-list or increase the local shareholding at this stage. The action in Jamaica was done at the request of the Jamaican authorities, and we have had no such request from the Bahamas authori ties. The Jamaican board's decision was in direct response to repeated requests $4. 68 $4. 51 $4. 69T he information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $5.19 $5.19 $5.17 T HETRIBUNE SECTIONB firstname.lastname@example.orgTHURSDAY, NOVEMBER 17, 2011 JOHN TRAVOLTA. PROFESSIONAL PILOT.NAVITIMER BREITLING.COM By NEIL HARTNELL Tribune Business Editor A LEADINGBahamian law firm yesterday told Tribune Business that an wreck salvaging industry worth potentially hundreds of millions of dollars might have been unleashed by law changes passed this week, disclosing that it had been contacted by three-fourm ajor salvage groups already. T he Bahamian law firm, well-known to Tribune Business but requesting anonymity because it wanted to protect clients still in the infancy of their exploration discussions, said amendments to t he Antiquities, Monuments and Museums Bill passed by the House of Assembly had paved the way for a sector that could create numerous tourism and cultural spin-offs. T he firm was meeting with one party interested in salvage/excavation opport unities in Bahamian waters in Miami y esterday, and said it was sure the amendments which lay out the statutory framework governing such operations in this nations Exclusive Economic Zone (EEZb ased, viable and sustainable industry, By CHESTER ROBARDS Tribune Senior Reporterc email@example.com SANDALS Royal Bahamian is eyeing a 2012 first quarter opening for the guest rooms refurbished via a $20 million investment, its general manager yesterday saying the allinclusive resort was eyeing an average 60 per cent occupanc y rate for the remainder of 2011. SANDALS TARGETS 60 PER CENT OCCUPANCY TO 1 YEAR-END Cable Beach all-inclusive holding 33% average guest return rate SEE page 3B FIRS TC ARIBBEAN: N O PL ANS FOR BAHAMAS DE-LIST KEITHDAVIES SEE page 6B PUBLIC SECTOR NOT TAKING BAHAMAS INTO THIS CENTURY Top accountant calls for further privatising, as Govt not making headway to make us competitive Calls for Registrar General, revenue collection to be targeted Says Govt needs to get more for money spent on civil service RAYMOND WINDER SEE page 5B B y NEIL HARTNELL Tribune Business Editor T HE long-awaited $8 million Arawak Cay port initial public offering (IPOt y much there and likely to finally launch some time next week, a variety of capital markets players telling Tribune Business it needed to come $8M PORT IPO ALMOST THERE P rospectus said to be with Commission for approval, as next week l aunc h targeted to beat Christmas rush SEE page 8B SALVAGING A MULTI MILLION INDUSTRY Law firm contacted by three-four major international groups on wreck exploration/recovery in Bahamas een interest after reforms passed, with 200 wrecks said t o be near GB alone errific tourism and cultural potential SEE page 7B
BUSINESS PAGE 2B, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE NASSAU INSURANCE BROKERS AND AGENTS LIMITEDAtlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Suite 6,Jasmine Corporate Center,East Sunrise Highway P.O.Box F-42655,Freeport Tel.Nassau 677-6422 Freeport 352-6422 www.nibaquote.com Open Saturdays10.00am-2.00pm (not Freeport) Surprise yourself with a home and motor quote from NIBA! Pay less for your insurance.Checking your home or motor insurance cover? Check your prices too.You can buy a lot of cover for a lot less with NIBA! Your insurance is backed by a company which has settled over $300 million in claims for 11 hurricanes since 2000.SAVE $$$ when you insure your home! Low rates and low deductibles for motor cover! Interest-free installment payments (home insurance) Fast claims service,generous liability cover Tel.Nassau 677-6422/Freeport 352-6422 or visit www.nibaquote.com Excellent Location Near New Courthouse Contact: Sophia Moss 477-6433For Lease By DEIDRE M. BASTIAN WITHthe power of the I nternet and trained eyes w atching, it is important for a b usiness to be uniquely identified and communicate its message clearly. Equally, one of the easiest ways to recognise a company and distinguish it from its competitors is by its logo. That is arguably one of the most significant and valued elements of branding for any organisation. Wikipedia defines a logo as being a graphic mark or e mblem commonly used by organisations, even individuals, to aid and promote recogn ition. Sounds simple, but in a n utshell a logo plays a life-size role in the overall development of a business. I n this context, a logo provides feedback t o a potential customer, and its purpose is to m ake spectators say something like: Hey, l ook at this, its so cool. In my humble o pinion, a great logo instantly connects peop le with product, hence that wow facto. It can also be considered an art form, not a math factor, so here is a list of some of its common principles. Flexibility: Every logo should be flexible s o that it can be used on various media (print, online, mobile p rinted in full colour, so ensure it has adequate contrast to allow for black and white printing R esearch/Questions: It is always a good i dea for designers to talk to their client at the start to ascertain future plans for the logo.A sk if it will be used for stationary, t-shirts, b usiness cards, billboards, banners. Your logo should be able to answer the questions: Why? Who? and What? Why do you need t his logo? What is its purpose a nd who is the target? This constitutes good p lanning, and can assist designers in fine-tuni ng the logo for a variety of media. Colour: When we see blue we think of the sea. Red represents danger, while green gives a feeling of calm with a reflection of grass and nature. Using these colours in the right context controls our thoughts in a good w ay. But choosing colour should be the last d ecision a designer makes when brain storming a logo. Timeless: Style changes, but logos shouldn t. As a result, being timeless should not alter the quality of your logo. Changing a l ogo every year is a grave error, especially if t he customer hardly learned your logo or bonded with it in the first year. Simplicity: Should everything in life be GET THE PICTURE ON YOUR LOGOS T HE A RTOF G RAPHIX B Y DEIDRE M BASTIAN SEE page 19B W W i i k k i i p p e e d d i i a a d d e e f f i i n n e e s s a a l l o o g g o o a a s s b b e e i i n n g g a a g g r r a a p p h h i i c c m m a a r r k k o o r r e e m m b b l l e e m m c c o o m m m m o o n n l l y y u u s s e e d d b b y y o o r r g g a a n n i i s s a a t t i i o o n n s s , e e v v e e n n i i n n d d i i v v i i d d u u a a l l s s , t t o o a a i i d d a a n n d d p p r r o o m m o o t t e e r r e e c c o o g g n n i i t t i i o o n n . S S o o u u n n d d s s s s i i m m p p l l e e , b b u u t t i i n n a a n n u u t t s s h h e e l l l l a a l l o o g g o o p p l l a a y y s s a a l l i i f f e e s s i i z z e e r r o o l l e e i i n n t t h h e e o o v v e e r r a a l l l l d d e e v v e e l l o o p p m m e e n n t t o o f f a a b b u u s s i i n n e e s s s s .
Patrick Drake saidthat for the rest of the year, the Cable Beach-based resort propertyw ill host numerous travel agents from the US andCanada, who will sell Sandals newly-remodelled guestr ooms to their customers. Mr Drake added that Sandals mega familiarisation t rips had already paid off, as several agents have made bookings for their clients thisy ear and into 2012 since visiti ng the property. We had a group last week, close to 200 agents, and thisw eek already we have had a dozen bookings from those people that were here just lastw eek. That gives us a pretty good feel for what is happen ing, said Mr Drake. It is very costly to bring t hese people in and house them and feed them and entertain them for a time, but t he rewards are without a doubt you can see the blips in the occupancies when the a gents get back home. More than seven groups, totalling 1,000 travel agentsf rom the US and Canada, will have visited Sandals Royal Bahamian by the end of the year. Mr Drake said following the passage of Hurricane Irene in August, the resort had to refurbish some of its property, which he said has led to marked improvements in its look. And he added that bookings since the hurricane have been much better than expected. We have seen an improvement in the occupancy thatwe originally were forecast ing, he said. But that seems to be quite traditional of the Bahamas, which seems to be a late booking market. After visiting the property yesterday, several travel agents insisted they would have no problem convincing their customers to visit San dals Royal Bahamian. They cited the ease of trav el to the Bahamas, as well as the cuisine and friendliness of the people, as the top selling f actors. M r Drake said the resort was looking forward to the opening of its refurbished 60year-old building and further increasing its foothold on thea ll-inclusive market in the region. Everybody is going after a diminishing market, he said. If youre not at the top of the stream, obviously therei s no future at the bottom. At t he top of the market is still where its at, and if youre g oing to give that sort of comm itment then you have to have a product to back it up. Mr Drake added that more flights to the Bahamas has also created a cosmopolitanm ix of guests for the resort, with the resort holding an a verage return guest rate of 3 3 per cent. With airlift coming in from so many destinationsw e are seeing quite a nice i nternational mix, said Mr Drake. BUSINESS T HE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 3B CONDO FOR SALE St. Albans Drive off West Bay St.Beautiful 3 storey town house, 2 bed, 2 1/2 bath in private gated property, swimming pool, Rec. GregInterior, nished to your taste with stainless steel appliances, granite tops etc. End Unit $225,000.00 M iddle Unit $217,000.00 Tel: 325-1325 | 325-1408 | 477-0200 T HE BAHAMAS RED CROSS SOCIETY SEEKS APPLICATIONS FOR THE FOLLOWING POSITIONS: FIELD OFFICER (100% Full Time Employment) to be based in preparedness project targeting high risk communities in the Bahamas. management. Duties include supporting the Project Manager in the implementation and reporting on the National Societys disaster to travel. To apply, email:firstname.lastname@example.org or email@example.com Closing date: November 18, 2011. PROJECTCOORDINATOR (100% FTE including activities related to response, preparedness and mitigation at national and community levels. Responsibilities include project start project tools and protocols, and monitoring and evaluation systems control, monitoring, supervision), partnership development managing must be ableto accommodate a work schedule that may include firstname.lastname@example.org Closing date: November 18, 2011.Positions Available By NATARIO McKENZIE T ribune Business Reporter n email@example.com COMPETITIONin the Bahamian cellular telecommunications market may only arrive in 2016, it was suggested yesterday, as Cable Bahamas confirmed it w ould be bidding on the first licence to become available in 2014. M ark Cabrelli, the BISX-listed communications providers vice-president of marketing and sales, said it will beingl ooking at adding cellular phone services to its offering once the BahamasT elecommunications Companys (BTC c urrent monopoly comes to an end. S peaking at a press conference to announce the launch of Cable Bahamas fixed landline phone service, REVOICE, Mr Cabrelli said: There is a monopoly market at the moment, and will be for the next few years. We are going to concentrate on the here and now. Were focusing on the three main products we can offer today. Looking to the future, cellular is a bsolutely on the agenda once the m onopoly is taken away and it becomes c ompetitive. I understand that there is going to be at least one further licence that is going to be issued, and CableB ahamas will hope to be in the running for that. Well certainly be very intereste d in that when it happens. A mong its main competitors for that l icence will be pan-Caribbean cellular o perator, Digicel. BTC has a cellular monopoly in the B ahamas until April 6,2014. Given that it will possibly take one year to award the licence post-bidding, and another year for the winner to get its infrastructure ready, it is possible cellular competition may only become a reality in 2016. I n the meantime, Cable Bahamas e xpects its new landline offering to provide serious competition to BTC. On Wednesday, the company completed its triple play services of REVTV, its cable t elevision offering, REVON, its Internet offering, and now REVOICE, its f ixed-line offering. C able Bahamas says a variety of packages will be offered to residential and business customers, from local calling and international calling to unlimited p lans. CELLULAR COMPETITION TO ONLY COME IN 2016 Cable Bahamas confirms aim to bid on first licence coming available in 2014 M ARK CABRELLI, v ice president of mark eting and sales, and Sharnette Curry, m arketing director SANDALS TARGETS 60 PER CENT OCCUPANCY TO 1 YEAR-END FROM page one
By NATARIO McKENZIE Tribune Business Reporter n firstname.lastname@example.org C ABLE Bahamas (CBL expects a significant uptake in its new fixed line service, REVOICE, leading up to the Christmas season and into 2012, a senior market-i ng executive told Tribune Business yesterday. The company yesterday o fficially launched its fixedline offering, REVOICE, via its subsidiary SystemsR esource Group (SRG adding the final piece to the companys triple play communications, with REVTV a nd REVON constituting its cable television and Internet offerings, respectively. M ark Cabrelli, the comp anys vice-president of m arketing and sales, said: We have launched it at this t ime because we think the m arket is ready for a competitor to come in and offer fixed-line services. We have offered it at this time of the year becausew ere coming up on the holiday season, so we are e xpecting and hoping that there will be a significant uptake leading up to the C hristmas period and then into next year. We think 2 012 is going to be quite a defining time for the company in terms of getting a r eal solid market share of the fixed voice market. W hile not disclosing exact f igures, Mr Cabrelli said that thousands of customers have been introduced to the offering via the companyss oft launch. We had a soft launch, he added. The numbers were in the thousands in terms of bringing customers on board, and we hope that that is going to increase subs tantially as we move into t he New Year. M r Cabrelli said Cable B ahamas, from now until t he New Year, will roll-out t he REVOICE offering in New Providence, with plans to introduce it to the Family Islands in early 2012. On the fixed-voice side, BTC is estimated to have 98 per cent market share, C able Bahamas inheriting 2 per cent from SRG. Mr Cabrelli said Cable B ahamas will be offering its f ixed-line service at signifi c antly lower costs to its competitor, BTC. We will be offering sav i ngs against the fixed-line company today. We are offering various p ackages. We are offering discounts to the incumbent for sure. Once we can offer ourb undled service, there will b e even deeper benefits we can pass on to our cus tomers, he added. BUSINESS PAGE 4B, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE COMMONWEALTH OFTHE BAHAMAS 1997 IN THE SUPREME COURT No. 95 Equity Side IN THE MATTER OFWADE ADAMS CONSTRUCTION LIMITED ( In Voluntary Liquidation under Supervision of t he Supreme Court) AND IN THE M ATTER of the International B usiness Companies A ct 2000 Ch. 309, Statute Laws of The Bahamas 2000 Edition AND IN THE MATTER of the Companies Act 1 992 Ch. 308 Statute Laws of The Bahamas 2000 Edition NOTICE N OTICE is hereby given that the Creditors of the above-named Company are required, on or before the 1 9th day of December, 2011 to send their names and addresses, with particulars of their debts or claims, and the names and addresses of their Attorneys (if anyt he undersigned, Paul F. Clarke at One Montague Place, East Bay Street, P.O. Box N-3932, Nassau, Bahamas, FURTHER TAKE NOTICE intended to be declared in the above matter. Creditors w ho do not prove their debts or claims by the 19th day t his dividend. D ated 15th November, 2011 Paul F. Clarke THOUSANDS EYE CABLE AS FIXED-LINE ALTERNATIVE TO BTC
eign direct investment (FDI destination, Mr Winder said that while there were many highly qualified, productive civil servants in the public service, the present fiscal situation meant the Government needed to get more for the money spent. In other words, the Deloitte & Touche (Bahamas ing partner is saying the public sector needs to do more with less, become more productive and efficient, and deliver greater value for taxpayer money. Tracing the public sectors increasing difficulty in attracting the best and brightest Bahamians to both the private sectors evolution, coupledwith the well-publicised education system failings, Mr Winder said: On the drive to independence, the Bahamas was able to attract the best and brightest Bahamians into the public sector, but as the nation grew and opportunities in other sectors became available accountants, lawyers, doctors engineers and the like those professions were able to attract the best talents coming out of school in the last 15-25 years. The better salaries and talents on offer in the Bahamian private sector, Mr Winder added, had coupled with the fact the quality of education has not kept pace weve been unable to improve the results of students, and GPAs are below standard. This, the Bahamas lead W TO negotiator added, has created a deficiency in the public sector being able to attract the kind of talent that is needed to take the country into the next century. This is one of the reasons why the Government is finding it difficult to retire some of its b etter civil servants, and when we look at the ease of doing business, we have dropped several notches in the rankings, Mr Winder told Tribune Business. In order for us to raise that level, and be able to solve many of the challenges we h ave in the public sector, the Government will have to continue privatising the various public corporations and major activities within the Government itself, such as the Registry of Companies and Registrar Generals Office. He also urged the Governm ent to focus on outsourcing various aspects of revenue collection to the Bahamian private sector, plus operations such as the Tonique WilliamsDarling Highway landfill. The position is for us, that even though the Government seems to be committed to improving the timeframe, efficiency and ease of doing business, we dont seem to be making the headway we need to be competitive, Mr Winder told Tribune Business. Its the ease of being able t o provide these services in a timely and efficient way, and compete in a way to attract the kind of foreign direct investment, and additional companies and individuals, wanting to do business in the Bahamas. Without such improvem ents, he warned it makes it very difficult to do business. Numerous businesses and entrepreneurs, Mr Winder said, frequently seemed to be concerned and complaining about how long and how quickly they get responses back from the various mini stries. This is not to say we dont have good and qualified people in the public sector, he added, but because of the demand for talent in other sectors, and what is seen as a lack of sufficient opportunities over time, this is going to make life i n the public sector much more difficult in terms of what it needs to do. And such woes were set to be further exacerbated by the fiscal constraints the Govern ment is now labouring under. When you look at the Budget and the need to curtail spending, were going to need to get more for the money spent in this area, and government cannot afford to grow public expenditure without getting the benefits needed, Mr Winder told Tribune Business. When you look at the cost pressures from civil service retirements, all this forces us to be more efficient with the individuals we currently have, because the costs are not decreasing. BUSINESS T HE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 5B 7KHKHUDWRQDVVDX%HDFKHVRUWURRPUHVRUWIHDWXULQJVHYHQDFUHVRI V SHFWDFXODUZDWHUVFDSHULYDOHGRQO\E\WKHFXOLQDU\GHOLJKWVVHUYHGLQLWVUHVWDXUDQWV F XUUHQWO\VHHNVWRKLUH 'LUHFWRURI)RRGt%HYHUDJH 'LUHFWDQGRUJDQL]HWKH)RRGt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t$ELOLWLHV 0XVWEHDEOHWRVSHDNUHDGZULWHDQGXQGHUVWDQGWKHSULPDU\ODQJXDJHVf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t([SHULHQFH +LJKFKRRORUHTXLYDOHQWHGXFDWLRQUHTXLUHG%DFKHORUV'HJUHHSUHIHUUHG 6HYHUDO\HDUVH[SHULHQFHLQRYHUDOO)RRG%HYHUDJHRSHUDWLRQDVZHOODVPDQDJHPHQW H[SHULHQFH&XOLQDU\VDOHVDQGVHUYLFHEDFNJURXQGUHTXLUHG 4XDOLHGDSSOLFDQWVDUHLQYLWHGWRDSSO\DW ZZZVKHUDWRQMREV 1RWH$OOLQIRUPDWLRQZLOOEHKHOGLQVWULFWHVWRIFRQGHQFH 'HDGOLQHIRU DOODSSOLFDQWVLV 'HFHPEHU QG FROM page one PUBLIC SECTOR NOT TAKING BAHAMAS INTO THIS CENTURY
f rom the Jamaica Stock Exchange to address the reg-u latory breach there, which has no bearing on our Bahamas investment. FirstCaribbean International Bank (Jamaicat o de-list in that nation after it c ame under pressure because the percentage of its stock in the hands of Jamaican public investors, at around 4 per cent, was well below the 20 per cent minimum set by thats tock exchanges listing rules. B ISX actually has a higher minimum percentage of a listed stock that must be in the hands of Bahamian institutional and retail investors, at 25 per cent. It is thus intere sting to contrast the respective approaches of BISX and its Jamaican counterpart, especially since FirstCaribbean International Bank (Bahamasp er cent of its stock, as at October 31, 2010, in public hands. The BISX 25 per cent minimum threshold will also come into play with two impending, government-connected initial public offerings (IPOs Arawak Cay Port issue, and the likely $37 millionB ahamas Telecommunications Company (BTC tion. Both these IPOs will offer Bahamian public investors cumulative stakes of 20 per cent and 9 per cent, respectively, well below the BISX threshold. While confirming that nothing was afoot in theB ahamas with respect to FirstCaribbeans listing here, BISXs chief executive, Keith Davies, implied that the 25 per cent benchmark was not a hard and fast rule, and that the exchanges assessment ofa ny potential listing was based o n all circumstances such as the total value and markets ability to absorb it. Once they [FirstCaribbean] initially appliedf or listing, we determined they had a sufficient market, despite the fact the percent-a ge was below our operational requirements, Mr Davies said. They had a sufficient market to justify listing and trading on the exchange. That p osition has not changed to d ate, and weve had not reas on to review that. Around 5.7 million FirstC aribbean International Bank (Bahamas Bahamian public investor h ands as at October 31, 2010, o ut of a total 120.221 million shares. The 95.21 per cent balance is held by the banks Barbados-based regional parent. If FirstCaribbean International Bank (Bahamasf ollowed its Jamaican affiliates lead it would have been a big blow to the Bahamian capital markets, at least froma market capitalisation standpoint. It is the largest BISX market cap, accounting fora round 40 per cent of the m arket, and a relatively liquid stock. Its a sought after stock. Its not the most liquid, but its the largest cap stock,a nd when you talk about the amount in public hands its a very liquid company,t he BISX chief executive added. Mr Davies, meanwhile, said B ISX had previously communicated with FirstCaribbean International Bank ( Bahamas) as to its future p lans and offering additional s ecurities to increase the percentage held in the market. H e added that the bank had indicated it would review this, and there were a few o ther options discussed as w ell relating to the percentage in public hands that Im n ot at liberty to discuss. M r Davies told Tribune Business: We were satisfied with their answer. There are any number of factors to consider when increasing the per-c entage in public hands. Thats the value of any p articular issue, the ability of the market to absorb it, and its willingness to receive additional securities. The BISX chief executive s aid each listed stock, and the p ercentage of shares in public hands, had to be viewed on its merits. It was an issue that was constantly reviewed to determine if the percentage was suitable for a companys c ontinued listing. M r Davies said many listed companies with public shareholdings of less than 25 per cent had existed before BISX, and were grandfathered in after its creation. As regards new listings, t hey would have to meet the 25 per cent benchmark unless there are circumstances that warrant that to be different. E xplaining the rationale for potentially treating the Arawak Cay port and BTC I POs differently, Mr Davies said: It depends on the size of the company. You mayh ave a billion dollar company seeking to raise several hundreds of million dollars. It can depend on the size of the company, the age of the comp any. Given that the largest IPO i n Bahamian capital market history, this years Commonwealth Brewery IPO, raised j ust over $50 million (the National Insurance Board picking up the roughly $12.5m illion balance), the decision t o float just 9 per cent of BTC as opposed to the Governments entire 51 per cent s take, seems realistic and pru dent. There are a number of fact ors to do with the size and reception of the market, and its ability to absorb any potential offering, Mr Davies told T ribune Business. And, as with all potential listings, the Arawak Cay port a nd BTC will, in their appli cation, have to list and explain the amount/percentage ofs hares being offered to the B ahamian public, and the price being paid. They must answer how m uch they wish to sell, and explain why they wish to sell that amount and what price,M r Davies added. We will wait to see what they have to say, and make a determination thereafter. BUSINESS PAGE 6B, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE NOTICEInternational Business Companies Act (No. 46 of 2000 Exclusive Resorts AB-I, Ltd.Registration Number: 134044B ( In Voluntary Liquidation) Notice is hereby given that in accordance with Section 138 (4of the International Business Companies Act (No. 46 or 2000) Exclusive Resorts AB-I, Ltd. commenced voluntary liquidation on 10th Novemeber, 2011. Any person having any claim against Exclusive Resorts AB-I, Ltd. i s required on or before the 12th day of December, 2011 to send their n ame, address and particulars of the debt or claim to the Liquidator of the FRPSDQ\RULQGHIDXOWWKHUHRIWKH\PD\KDYHH[FOXGHGIURPWKHEHQHW of any distribution made before such claim is approved. GSO Corporate Services Ltd., of 303 Shirley Street, Nassau, The Bahamas is the Liquidator of DEGA INC. GSO Corporate Services Ltd. Liquidator FIRSTCARIBBEAN: NO PLANS FOR BAHAMAS DE-LIST FROM page one
centred in, and around, the northern Bahamas, Little Bahama Bank and the islando f Grand Bahama, in particul ar. Confirming it had suggested the 75/25 profit split b etween excavator and g overnment, based on points, for each artifact discovered in Bahamian waters, a top partner at the law firm, speaking to Tribune Business on condition of anonymity, said: Weve h ad a number of calls from i nternational treasure salv agers who are keenly interested in salvaging the Bahamas, and have been keen to do so for many years. This interest goes back f or at least five years. W eve heard of at least two w recks. Wed say it could p ossibly be an industry in the hundreds of millions. It has terrific touristic andc ultural potential. Weve already had interest from three or four major groups, and we think m ore will come. Theres said to be 200 wrecks around Grand Bahama a lone. Wreck exploration and s alvaging, and the prospect of finding valuable artifacts, could be another p otential economic sector for a Bahamian economy desperately in need of diversification and new revenue/employment sources. A moratorium on such a ctivities had been in place f or several years, and that coupled with uncertainty o ver the legal, regulatory a nd profit-sharing regime g overning it had deterred major international salvagers from dipping their toe into the Bahamianm arket. Given this nations posit ion at the heart of the C aribbean, Atlantic and Florida waterways, and rich history (having been discovered by Christopher C olumbus, and later used a s a piracy bolt-hole), it w ould seem likely there are numerous wrecks in deeplying Bahamian waters. It could have great touristic spin-offs and job spin-offs, not only on theb oats, the law firms leading partner told Tribune Business. You set up a processing centre, where you clean and certify artifacts. Thats an industry by itself. T he attorney said many B ahamians had made mone y by salvaging wrecks they knew about, referring to one now-deceased Abaconian who had known the w hereabouts of a major w reck, and had been able t o recover gold coins and o ther valuable artifacts. T hat, though, had reached t he stage where major h eavy-duty equipment was required to complete any further salvage. The senior attorney also old Tribune Business had had been told that inS witzerland, theyre constantly auctioning Bahamian artifacts, which have been stolen from our country. As a result, the legislative amendments to the A ntiquities, Monuments a nd Museums Bill have b een designed to protect potentially valuable Bahamian artifacts that may be recovered, enabling t hem to be retained for m useums to protect this n ations cultural heritage a s well as serving as a poss ible tourist attraction. T he 75/25 split is condit ional, with the Government getting more depending on the artifacts cultural value and deciding those that were valuable upfront. T he Bill states: Both government and licensee to agree in writing that governments retention of artifacts important to the protection of the national patrimony may exceed gove rnments 25 per cent share i n certain years with the i mbalance to be corrected by future divisions. M eanwhile, the Bahamia n law firm said it awaited t he Bills accompanying regulations, which were needed to govern this industry and avoid the potential abuse and mistreatment of the Bahamasn atural resources. Our country has previously learned that should we not protect our assets they will remain subject to todays pirates, much in the form and not the appeara nce, of days of old, the l aw firm added. In our reading and understanding of the Bill, w e are grateful to note that t he Government of the B ahamas has ensured that Bahamians and Bahamian flagships may now lawfully explore and discover underwater cultural heritage artifacts and itemsw ithout penalty or sanction. We are very much aware that there remains the needed or required application and approval process to further survey a nd/or recover and/or salv age these items and artif acts comprising any underwater cultural heritage. BUSINESS T HE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 7B ( D F 5 5 ) PROCLAMATION WHEREAS, there has been an Anglican presence in these Islands for more than 360 years; AND WHEREAS, pastoral and administrative oversight thereof was given originally by the Bishop of London who was responsible for church life in all British Colonies; AND WHEREAS, the territories of the West Indies developed to the extent that in 1824 pastoral and administrative authority was transferred thereto with the establishment of the Anglican Dioceses of Jamaica and Barbados, and The Bahama Islands and The Turks and Caicos Islands coming under the oversight of the Diocese of Jamaica; AND WHEREAS, ongoing development in the Bahama Islands and The Turks and Caicos Islands led to the separation from the Anglican Diocese of Jamaica and their formation into a self-governing entity, then called the Diocese of Nassau; AND WHEREAS, with the issuing of Letters Patent by Queen Victoria on 4 November, 1861, Dr. Charles Caulfield was designated as the Bishop-elect of the new Diocese of Nassau, the Parish of Christ Church was designated the Cathedral and, only then could the Towne of Nassau be created a city; AND WHEREAS, the history, evolution and development of both the said Diocese of Nassau, and the said City of Nassau have been inextricably intertwined over these centuries; AND WHEREAS, this year marks the 150th Anniversary of their common foundation; NOW, THEREFORE, I, Hubert A. Ingraham, Prime Minister of the Commonwealth of The Bahamas, do hereby proclaim the month of November, 2011 as 0TH ANNIVERSARY MONTH celebrating the establishment of the Anglican Diocese of The Bahamas and The Turks and Caicos Islands, and the establishment of the City of Nassau. HUBERT A. INGRAHAM Prime Minister IN WITNESS WHEREOF, I have hereunto set my Hand and Seal this 18th day of October, 2011. FROM page one SALVAGING A MULTI MILLION INDUSTRY
out imminently to beat Christmas. Multiple sources, some close to the situation, told Tribune Business that the IPO prospectus was now at the Securities Commission for the r egulators review and approval, the Government and Ministry of Finance having finished their work on it. The Arawak Cay Port Development Company and its financial advisers/placement agents, CFAL and Providence Advisors, had initially hoped to launch the IPO intended to give Bahamian institutional and retail investors a collective 20 per cent stake in New Providences sole purpose-built commercial shipping port in late September/early October. That was some six weeks ago, and Tribune Business was told that the original timeframe had been delayed due to the fact that numerous persons, including the Ports Board and private shareholders, plus the Government, had to agree and sign-off on the prospectus. It is understood, though, that everyone connected with the IPO the Port company, the Government, regulators and advisers is conscious of the need to launch the offering by next week, to give investors the normal four weeks to decide whether to invest. Any later, and the Arawak Cay Port IPO runs the risk of clashing with the last-minute Christmas shopping period, when minds are elsewhere. The delay in getting this IPO off the ground has also almost certainly pushed the Bahamas Telecommunications Company (BTC the New Year. Everything is at the [Securities] Commission, one wellplaced source told Tribune Business, declining to comment further. Philip Stubbs, the Securities Commissions executive chairman, did not return Tribune Businesss calls seeking comment. However, another wellconnected contact also familiar with the IPOs progress, said: Its pretty much there, to be honest. Its just taken longer than planned. Various people had to review it, and the Ports operating plan continues to be tweaked. There was a series of things that added up to a delay from the earlier proposed timing. The Government took a while to come back with their comments, which were not earth shattering. Theres a lot of players involved here that need to look at it and give their input. With construction of the Arawak Cay port ongoing, its financial numbers continually require tweaking, and its private-partnership structure requires input from numerous parties into the decisionmaking. Asked whether all parties were aware of the impending clash with Christmas, the source replied: Theyre very conscious of that, so hopefully it will be imminent. Theres only a small number of things that need to be dealt with. Tribune Business also understands that the IPO prospectus will make clear that the guaranteed 10 per cent internal rate of return (IRR will enjoy, as set out in the Memorandum of Understanding (MoU Government and private sector, applies only to the company and does not mean investors enjoy a guaranteed annual 10 per cent return. There was some discussion about that, Tribune Businesss source conceded, but the MoU is pretty clear that attaches to the project. There was some discussion about making investors understand that does not mean a minimum 10 per cent dividend. Given that the Arawak Cay Port is in its initial construction and development phase, it is unlikely to be paying out 100 per cent of its annual earnings as dividends for some years. The delay in the IPOs launch may also mean that its advisers will have to again whet market appetite, and regain investor confidence, for the $8 million issue by explaining what caused the push back. Still, one Tribune Business source expressed confidence the issue would still be oversubscribed. All the PRs lined up for it, they added, and maybe people can buy shares as Christmas presents. Based on the expressions of interest that have been coming in, its highly likely this will be oversubscribed. It creates a nice ownership opportunity for Bahamians. Another capital markets source added that, if the $8 million issue was oversubscribed, the Ports advisers would likely adopt a bottom up approach, ensuring all subscribers received shares up to a certain level. They would then have to determine how to allocate the remainder. The source said the main objective with the Arawak Cay Port offering was to deepen and broaden Bahamian participation in the capital markets, and ownership of key economic assets. The Government and private sector each invested $20 million into the Arawak Cay Port, and are selling off 20p er cent or $4 million each, of their stakes. Once the IPO i s completed, the Government and private sector will each own a 40 per cent stake, with the public holding 20 per cent. A $40 million private placement, scheduled for nexty ear, is designed to replace the original line of bank credit financing taken out for the construction phase. BUSINESS PAGE 8B, THURSDAY, NOVEMBER 17, 2011 THE TRIBUNE 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.190.97AML Foods Limited1.181.180.000.1480.0408.03.39% 1 0.639.05Bahamas Property Fund10.6310.630.0050-0.6420.080-16.6 0.75% 7.504.40Bank of Bahamas6.936.930.000.2300.10030.11.44% 0.530.17Benchmark0.180.180.00-0.0480.000N/M0.00% 2.842.55Bahamas Waste2.702.700.000.0300.09090.03.33% 1.961.77Fidelity Bank1.771.770.003500.0970.04018.22.26% 10.468.29Cable Bahamas8.438.430.000.2450.32034.43.80% 2.802.33Colina Holdings2.342.340.000.4380.0405.31.71% 8.508.33Commonwealth Brewery8.508.500.006120.7400.00011.50.00% 7.006.21Commonwealth Bank (S1 6.516.510.000.4960.32013.14.92% 2.001.63Consolidated Water BDRs1.801.73-0.070.1110.04515.62.60% 1.771.31Doctor's Hospital1.371.370.001200.0740.04018.52.92% 5.504.75Famguard5.435.430.000.4980.24010.94.42% 7 .504.82Finco4.824.820.001,0000.7570.0006.40.00% 9.457.75CIBC FirstCaribbean Bank8.148.140.000.4940.35016.54.30% 6.005.00Focol (S 5.335.330.000.4350.22012.34.13% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7.305.58ICD Utilities7.307.300.00-0.1220.240-59.8 3.29% 10.809.80J. S. Johnson9.829.820.000.8800.64011.26.52% 10.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 1 00.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00FINDEX: YEAR END 2008 -12.31%3 0 May 2013 2 0 November 2029 7 % RoyalFidelityMerchantBank&TrustLtd(Over-The-CounterSecurities) 29 May 2015BISX LISTED & TRADED SECURITIES AS OF:7% Interest 19 October 2022 Prime + 1.75% Prime + 1.75% 6 .95%WEDNESDAY, 16 NOVEMBER 2011BISX ALL SHARE INDEX: CLOSE 1,355.68 | CHG 0.03 | %CHG 0.00 | YTD -143.83 | YTD % -9.59BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-2320 5 2wk-Hi52wk-LowSymbolBid $ A s k $Last PriceDaily Vol.EPS $Div $P/EYield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.650.750.400.0290.00024.130.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.57791.4674CFAL Bond Fund1.5779263.39%5.87%1.548717 3.02482.9020CFAL MSI Preferred Fund3.02482.63%3.94%2.981382 1.61281.5289CFAL Money Market Fund1.61512.61%4.53%1.591803 2.72022.5398Royal Fidelity Bahamas G & I Fund2.4974-8.19%-7.45% 13.849313.2825Royal Fidelity Prime Income Fund13.91804.19%5.21% 114.128999.4177CFAL Global Bond Fund114.09222.35%13.88%114.128861 118.4255101.6693CFAL Global Equity Fund118.42552.30%8.26%116.580785 1.17491.0000FG Financial Preferred Income Fund1.18773.59%4.94% 1.13431.0000FG Financial Growth Fund1.14152.06%4.07% 1.17641.0000FG Financial Diversified Fund1.18903.47%5.04% 9.9952 9.5078Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.94330.98%4.58% 11.49859.8690Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.3699-6.17%-2.17% 10.68139.6635Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.20631.81%7.39% 8.85647.8830Royal Fidelity Int'l Fund Equities Sub Fund8.65073.01%18.38% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colina and fidelity 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 prior week Change Change in closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded today NAV Net Asset Value 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 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Oct-11 31-Jul-11 31-Oct-11TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Jul-11 30-Jun-11 31-Jul-11 5-Aug-11 30-Oct-11MARKET TERMS30-Sep-11 31-Oct-11 RoyalFidelity Merchant Bank & Trust Ltd (Over-The-Counter Securities) CFAL Securities Ltd. 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Any person having a Claim against the above-named Company is required on or before 10th January, 2012 to send their name, ad-d ress and particulars of the debt or claim to the Liquidator of the C ompany, or in default thereof they may be excluded from the Rosana Hollins of Suite 2B, Mansion House, 143 Main Street, Gibraltar, is the Liquidator of MIKADO HOLDING INTERNATIONAL LIMITED Legal Notice N OTICEFLY ONE EIGHTY EIGHT LIMITEDN OTICE IS HEREBY GIVEN as follows: (aLimited. is in dissolution under the provisions of the International Business Companies Act 2000 ( b) The dissolution of the said Company commenced on t he 17th October, 2011 when its Articles of Dissolution were submitted to and registered by the Registrar General. (cThe Liquidator of the said Company is Deltec Bank & Trust Limited, Deltec House, Lyford Cay, P.O. Box N-3229, Nassau, Bahamas. Deltec Bank & Trust Limited Liquidator L egal Notice N OTICEF LY ONE EIGHTY EIGHT LIMITEDNOTICE IS HEREBY GIVEN as follows: ( a) Fly One Eighty Eight Limited. is in dissolution under t he provisions of the International Business Companies Act 2000 ( b) The dissolution of the said Company commenced on the 17th October, 2011 when its Articles of Dissolution were submitted to and registered by the Registrar General. (cThe Liquidator of the said Company is Deltec Bank & Trust Limited, Deltec House, Lyford Cay, P.O. Box N -3229, Nassau, Bahamas. Deltec Bank & Trust Limited Liquidator FROM page one $8M PORT IPO ALMOST THERE
resolved with a kiss, even if it is a logo design? Kiss stands for: Keep It Simple, Stupid. The famous saying less is more holds true, a nd a simple logo typically s hould be memorable and s tand out from the rest. Professionalism: Do you know that if your logo is perceived to look amateurish, so will your business? In essence, a professional b usiness should look the p art by investing suitably in a classic but attractive symbol. There are common reasons why many logos look amateurish, one of which is t he business owners desire to save money by designing t he logo themselves, or r etaining a friend/relative w ho has access to Photoshop to complete it as a favour. Vector image software: A lthough it can be tempti ng to use a program such a s Adobe Photoshop, it is standard practice to use Adobe Illustrator and its pen tool, and CorelDraw, which are more appropriate and obliging. Using raster images for l ogos is not advisable, as problems can arise with reproduction and zooming, which results in your graphic appearing pixilated (blotchy al. The main advantages of v ector graphics are that the l ogo can be scaled to any s ize without losing quality; editing the logo later on is much easier; and it can be adapted to other media more easily than a raster i mage. Maintain visual cons istency by making sure the l ogo looks the same in all sizes. Stock Art Logos: Incorporating stock vector graphics in a companys logo is risky, and could possibly c ause identity issues and misjudgment. My premise is this: If you are using a stock vector image from a stock pool, chances are it is also being used somewhere else in the world, which suggests t hat your logo is no longer u nique. The purpose of a l ogo is to uphold a one of its kind image of your business. Remember, once your logo is completed, ensure you register it immediately t o prevent use or copy. D esigning for the client: You can often spot this logo design a mile away. Designers should never impose their personality on to a clients work. It is fine to advise and guide a client, but r emain focused on the clients requirements by following their brief. Here is a video sample of how to make a logo: http://www.youtube.com/wat ch?v=3r2qHTKPBmU ( copy and paste into your u rl window) Fonts: The choice of fonts can make or break a logo. This is the most important decision a designer can m ake, as more often than n ot, logos can fail due to a p oor font choice. For example, if the font match is too close, the icon and font will compete with each other for attention. Using too many fonts is like trying to show someone a n entire 300 page photo album at once. A maximum of two fonts of different weights is standard, and improves the legibility. The key is finding a balance s omewhere in the middle, s ince every typeface has a personality. If the font chos en does not reflect the i cons characteristics, then p ossibly the entire message may misfire. F inally, we need to understand that a logo never stands on its own. It is always a part of a bigger picture, as its philosophy ando ther ideals represent the value of the company. I w ould like to believe that a logo should be an impress ive, but seductive, way that your business earns respect and trust. Have you ever wondered w hether adding a logo will g ive your business distinct ion, while showing off its swagger? Then think about this: Logos are resilient and should convey the qualities and thoughts of your busin ess. It helps to give your c ompany an established and p rofessional feel and, moreover, people normally find it easier to memorise or recall images easier than text. Remember the ole clich: A picture is worth a thous and words. In this case, the logo represents that picture, and can be remembered and identified with greater ease than a thousand words. So until we meet a gain, have fun, enjoy life a nd stay on top of your game. N B: The columnist welc omes feedback at email@example.com About the Columnist: Ms B astian is a trained graphic designer who has qualifications of M.Sc., B.Sc., A.Sc. She has trained at institutions such as: Miami LakesT echnica l Centre, Success Training College, College of t he Bahamas, Nova Southeastern University, Learni ng Tree International, Langevine International and Synergy Bahamas. BUSINESS T HE TRIBUNE THURSDAY, NOVEMBER 17, 2011, PAGE 19B GET THE PICTURE ON YOUR LOGOS FROM page two Shar e your news T he Tribune wants to hear f rom people who are m aking news in their neighbourhoods. Perhaps you are raising funds for ag ood cause, campaigning for improvements in the area or have won an award. If so, call us on 322-1986 a nd share your story.
SPORTS P AGE 2E, THURSDAY, NOVEMBER 17, 2011 TRIBUNE SPORTS TRACKANDFIELD Week 6 9th November, 2011 Scores: Central Bank Controllers 4 Green Parrot Bootleggers 8 Silver Dollar Coins B 4 Mandy's French Bakery 8 CSB Buccaneers 9 HammerHead Sharks 3 Backyard Destroyers 10 Shafters 2 Pro Plan Bandits 6 Charlie's Top Dogs 6 Moss Gas B 2 Sigma Shots 10 Conch Hill Breezers 2 Moss Gas A 10 Scorpio Bulls 6 Sands Bullets 6 Toads 4 B52's 8 Charlie's Devils 5 StingRays 7 Cricket Club LBW's 3 Lisa's Bums A 9 Panama Jack Bullshooters 4 Silver Dollar Coins A 8 Jacvar Bums 9 The Parlour Rum Runners 3 N ASS AUDARTSASSOCIATION N assau, Bahamas This column takes a look at the worldwide rankings of Bahamian athletes in 2011 w ith some comparisons to 2010. T he top Bahamian senior, 4 00m runner Demetrius Pinder, was ranked 9th with a 44.78sec clocking in 2011. On the junior level, A nthonique Strachan was the highest ranked for 2011 p lacing second in the 200m a t 22.70sec. At the Youth Level, Latario Collie-Minns ranked n umber one in the world w ith a 16.55m jump. I n its proudest hour in 2011 The Bahamas placed f ourth to The United States, Kenya, and Jamaica in the World Youth Champi-o nships in Lille, France. T he Bahamas won three G old medals. Shaunae Miller won the 400m in 51.84sec, Stephen Newbold the 200m in 20.89sec, and Latario Collie-Minns,1 6.06m in the Triple Jump. Lathone Collie-Minns won the Bronze medal in t he Triple Jump with a 15.51m jump. A listing of athletes in the t op ten performances foll ows: Seniors #9 Demetrius Pinder 4 00m, 44.78sec Juniors #2 Anthonique Strachan 2 00m, 22.70sec #3 Shaunae Miller400m, 51.84sec #4 Katrina Seymour 400m H urdles, 57.24sec #7 Anthonique Strachan 100m, 11.38sec # 9 Ryan Ingraham High Jump, 2.23m Youth #1 Latario Collie-Minns T riple Jump, 16.55m #2 Shaunae Miller 400m 51.84sec # 4 Stephen Newbold 200m, 20.89sec Lathone Collie-Minns Triple Jump, 15.73m Below is a listing of every Bahamian athlete who was ranked this year and some w ho were ranked in 2010. Seniors M en 100m 2 011 Ranking Jamial Rolle 10.26sec, 132nd Warren Fraser 10.28sec, 1 49th Rodney Green 1 0.28sec,151st A drian Griffith 10.28sec, 154th 2 010 Ranking D errick Atkins 10.13sec, 1 37th Adrian Griffith 10.19sec, 1 61st Jamal Forbes 10.28sec, 221st 2 00m 2 011 Ranking Michael Mathieu 20.38sec,27th Demetrius Pinder 20.54sec, 50th J amial Rolle 20.81sec, 220th 2 010 Ranking Jamial Rolle 20.75sec, 111th N athaniel Mckinney 2 0.82sec, 151st Derrick Atkins 20.87sec, 167th M ichael Mathieu 20.85sec, 170th 4 00m 2011 Ranking Demetrius Pinder 44.78sec, 9th C hris Brown44.79sec, 11th Ramon Miller 4 5.01sec, A 20th Michael Mathieu 45.54sec, 33rd Avard Moncur46.18sec, 1 30th Andrae Williams 46.18sec, 138th L aToy Williams 46.18sec,148th 2010 Ranking Demetrius Pinder 4 4.93sec, 17th C hris Brown45.01sec, 23rd H igh Jump 2 011 Ranking Donald Thomas2.32m ( 7-1/2), 11th Trevor Barry2.32m ( 7-1/2), 13th Ryan Ingraham 2 .23m (7 2 010 Ranking Donald Thomas 2.32m (7-1/2 Trevor Barry 2.29m ( 7-1/4), 17th Long Jump 2 011 Ranking Raymond Higgs 8.15m (26 Triple Jump 2011 Ranking Leevan Sands 17.21m (56-3/4 Latario Collie-Minns 16.55m (54-3/4 2010 Ranking Leevan Sands 17.21m (56-3/4 4x100m Relay 2011 Ranking Adrian Griffith, Rodney Green, Demetrius Pinder, Michael Mathieu 39.29sec, 27th 4x400m Relay L atoy Williams, Avard M oncur, Micael Mathieu, Ramon Miller 3 :01.33 12th W omen 100m 2 011 Ranking Debbie Ferguson-Mckenz ie 11.09sec ,18th Sheniqua Ferguson 11.17sec, 32nd Anthonique Strachan 1 1.38sec, 76th Tynia Gaither 11.41sec, 95th 2 010 Ranking Chandra Sturrup 11.13sec, 18th D ebbie Ferguson-Mcken zie 11.15sec, 22nd Sheniqua Ferguson 1 1.19sec, 31st 200m 2011 Ranking Anthonique Strachan 22.70sec, 25th Debbie Ferguson-Mcken z ie 22.76sec, 29th Nivea Smith22.80sec, 33th 2 010 Ranking Debbie Ferguson-Mckenzie 22.62sec, 18th Nivea Smith 22.71sec, 23rd Sheniqua Ferguson 22.87sec, 38th 400m 2 011 Ranking S haunae Miller 51.84sec, 58th 2010 Ranking C hristine Amertil 5 1.67sec, 47th Shaunae Miller 52.45sec, 9 0th L ong Jump 2011 Ranking Bianca Stuart6.81m (22-1/4 2010 Ranking Bianca Stuart 6.54m (211/2), 78th 4x100m Relay 2011 Ranking V Alonee Robinson, Nivea Smith, Sheniqua Ferguson, Debbie Ferguson-M cKenzie 43.65sec, 14th Juniors Boys 200m 2011 Ranking S tephen Newbold 20.89sec, 23rd High Jump 2 011 Ranking Ryan Ingraham 2.23m (7 Triple Jump 2011 Ranking Latario Collie-Minns 16.55m (54-3/4 Girls 100m 2011 Ranking Anthonique Strachan 11.38sec, 7th Tynia Gaither 11.41sec, 12th 200m 2011 Ranking Anthonique Strachan 22.70sec, 2nd 2010 Ranking Anthonique Strachan 23.66sec, 25th Tynia Gaither 23.68sec, 28th 400m 2011 Ranking Shaunae Miller 51.84sec, 3rd 2010 Ranking Shaunae Miller 52.45sec, 3rd Amara Jones 53.01sec, 17th 100m Hurdles 2010 Ranking Ivanique Kemp 13.58sec 25th 4 00m Hurdles 2 011 Ranking Katrina Seymour 57.24sec, 4 th 4 x100m Relay 2 011 Ranking Devynne Charlton, C armeisha Cox, VAlonee Robinson, Anthonique Strac han 45.04sec, 7th 2010 Ranking V Alonee Robinson, Ivanique kemp, Marvar Eti enne, Tynia Giather 45.45sec, 17th Youth Boys 2 00m 2011 Ranking Stephen Newbold 2 0.89sec, 4th 400m 2011 Ranking Andre Wells 46.87sec, 14th 2 010 Ranking Stephen Newbold 47.84sec, 29th M edley Relay 2011 Ranking Anthony Adderley, Delano Davis, Stephen Newbold, Andre Wells 1:52.66 5th Triple Jump 2011 Ranking Latario Collie-Minns 16.55m (54-3/4 Lathone Collie-Minns 15.73m (51-1/2 2010 Ranking Latario Collie-Minns 15.78m (51-1/2 Lathone Collie-Minns 15.33m (50-3/4 Girls 400m 2011 Ranking Shaunae Miller 51.84sec, 2nd 2010 Ranking Shaunae Miller 52.45sec, 1st Medley Relay 2011 Ranking Devynne Chartlton, Carmiesha Cox, Pedrya Seymour, Gregria Higgs 2:11.10 12th The above gives a good idea as to where the Bahamas Track and Field is today. It shows our strengths and our weaknesses. Pinder ranked 9th in world DEMETRIUS PINDER pictured in action. LATARIO MINNS, Barry Malcolm and Anthonique Strachan. Latario was ranked number one in the world at the junior level in the triple jump, while Anthonique placed second at the youth level in the 200m.
BASKETBALL C ATHOLIC PRIMARY SCHOOLS RESULTS THE Catholic Diocesan P rimary Schools continued its 2 011 basketball season with t wo games at Loyola Hall, Gladstone Road, on Monday. In the opener, the Xaviers G iants pounded the St Bedes Crushers 30-18 as Jamal Davis scored a game high 13 points. L arvardo Dean had seven in the loss. And in the feature contest, defending champions St Cecilias Strikers nipped the St Francis/Joseph Shockers 31-30 behind nine points apiece from Daunte Stuart and Cornelius Clyde. Ashanti Johnson had a game high 12 in the loss. Starting 3:30pm today, the league is expected to be back in action with St Bedes playing Our Ladys, followed by St Thomas More vs. St Cecilias. CYCLING CALENDAR FOR 2011 THE New Providence Cycling Association is prepar ing the calendar of cycling events and activities within the island of New Providence for 2012. Therefore, the association is asking all cyclists, teams, clubs and race organisers who are organising, co-ordinating and sponsoring races to provide the association with their information as it prepares the dates/distance/time of the races or activities for 2012. BSFS QUALIFYING TOURNAMENT THE Bahamas Softball Federation has announced that the mens national teamwill have another week to prepare for the qualifying tournament for the World Softball Championships. The tournament has been rescheduled and is now expected to take place November 24 to December 5. The team will be managed by Godfrey Burnside. The players selected are pitchers Edney Bethel, Alcott Forbes, Eugene Pratt, Fred Cornish and Thomas Davis; infielders Greg Gar diner, Desmond Bannister, Marvin Wood, Ken Wood and Larry Russell and outfielders Martin Burrows Jr., Lamar Watkins, Sherman Johnson, Van Johnson and Godfrey Burnside Jr. (outfielders BASEBALL FREEDOM FARM C OACHES PITCH THE Freedom Farm is slat ed to host a Coach Pitch Tournament at the park in Yamacraw Beach EstatesN ovember 25-27. Teams from the Junior Baseball League of Nassau, the Grand Bahama B aseball League, Spanish Wells and Freedom Farm are expected to participate. For more information, persons can contact Pat Moss, t he vice president of Freedom Farm, CJ McKenzie or Valen c ia Lockhart at firstname.lastname@example.org T RACK C ONDOLENCES TO RUTHERFORD FAMILY T HE track and field community, especially the St Augustines College Big Red Machine, is expressing its sympathy to the family of the late Greg Rutherford whop assed away Sunday after suffering an aneurysm on Thurs day. Rutherford, a graduate of SACs class of 1979, was ano utstanding athlete for the Big Red Machine under the tutelage of coach Martin L undy. The Tribune Sports Department also extends its condolences. VOLLEYBALL N PVA ACTION NEW Providence Volleyball Association action is scheduled to continue at the DW Davis Gym on Wednes day with another double h eader. Wednesday 7:30pm Truckers vs Titans (L Scotia Defenders vs Crusaders (M F riday 7:30pm Lady Technicians vs Cougars (L 9pm Saints vs BTVI (M MARK KNOWLES CELEBRITY INVITATIONAL MARK Knowles is pleased t o announce the annual Mark Knowles Celebrity Tennis Invitational is set to be heldD ecember 1-4 at the Atlantis resort by presenting sponsor MDC-Partners and organised b y the Mark Knowles Man agement Group (MKMG T his years featured play ers are Andy Roddick, Xavier Malisse and Sabine Lisicki with some additional stars to be announced at a later date. T he organisers plan to hold a Pro/Am doubles tourna ment for platinum sponsors, a P ro Exhibition and an opportunity for top Bahamian junior tennis players to inter act with the visiting pros. SPORTS T RIBUNE SPORTS THURSDAY, NOVEMBER 17, 2011, PAGE 3E SOCCERCLINIC SPOR TS IN BRIEF THE SECOND annual S3 Soccer Clinic will return toF reeport from December 14 17, 2011. The first clinic was held in January of this year and by all accounts was a great success. Five participants r eceived scholarship offers, t hree of whom accepted their offers. There were over 160 participants from ages 6-19 who e njoyed their interaction with t he American college and local coaches. Organisers sayit is their goal to introduce t he islands up and coming soccer stars from ages 8 18years to all opportunities a vailable to them. The fee to participate is only $30. During this four-day clinic, w ill conduct a panel discussion featuring coaches and college representatives whow ill offer information on obtaining scholarships, what coaches and schools are looking for and how to apply to colleges, as well as how to be a successful student athlete. Participants will have the opportunity to train daily with professionalc oaches. A pproximately ten coaches are scheduled to participate in the clinic. Thus far, schools b eing represented include, B arry University (Miami, Florida), St. Andrews University (Laurinburg, NorthC arolina), University of Penns ylvania (Philadelphia, Pennsylvania), University of Montana (Missoula, MontanaU niversity of Northern Alabama (Florence, Alabam a) and Florida International University (Miami, Florida). Sponsors include Cable B ahamas, the Grand Bahama Port Authority (GBPA TheBahamasWeekly.com. R egistration forms can be f ound on TheBahamasWeekly.com under Sports, Corporate or individual s ponsors are also needed to e nsure the success of the event. Overall expected costs t o run this youth event is in e xcess of fifteen thousand dollars ($15,000.00 toward drinks, equipment,c oaches accommodations, transportation, welcome reception, gift items and tours for visiting coaches. The clinic also sponsors select lowi ncome students at $30.00 each. Premier sponsors of $500.00 or more will receive a display banner on the field for the duration of the clinic. S hould you wish to support us in this endeavor, please make cheques payable to S3 Soccer Clinic. More information can be b e obtained through clinic organizers Cletis Smith, Wayne Smith, and Tiffany Sweeting-Smith at email@example.com or infor m ation can be found on the 3S Soccer Clinic Facebook page. Clinic to teach the next generation of soccer stars S3-SOCCER-CLINIC Coach Mark Plakorus of Texas Christian University works with participants of the first S3 Soccer Clinic in Grand Bahama held in January 2011. The camp returns to Freeport from December 14th 17th, 2011 with approximately ten visiting American coaches. P hoto: TheBahamasWeekly.com T he tentative schedule is as follows: Wednesday, December 14, 2011-3:30pm 5:30pm: Opening/Training Session (BMES Field Thursday, December 1 5, 2011-3:30pm 5:30pm: Training Session (BMES F ield) ( Bishop Michael Eldon Auditorium)6:00pm 7:30pm: Panel Discussion(Parents welcome Friday, December 16, 2011-3:30pm 5:30pm: T raining Session (BMES F ield) Saturday, December 17, 2 011 -10:00am 1:00pm: Scrimmage/Closing (BMES Field) SPORTS CLINIC SCHEDULE
SPORTS P AGE 4E, THURSDAY, NOVEMBER 17, 2011 TRIBUNE SPORTS GN-1333 By BRENT STUBBS S enior Sports Reporter b firstname.lastname@example.org SOME of us are too young to know and others are too old to forget how the local sailing got started in New P rovidence. B ut out of the need to organise boat racing, three men got together and formed the Nassau Yacht Racing Association on the easternf oreshore below The Folly i n the 1930s. T hose men responsible for the creation of the association and subsequently sailing competition on the island shortlya fter World War One were Captain Harry Knowles, a well known pilot; Willie Hall,a marine curio man and Commodore Skimmins, an Amer-i can who had built a simle h ermits retreat. O nce established, racing was held every Friday afternoon by members of the asso-c iation, along with men from all over the island who were interested in sailing in allt ypes of classes and sizes of boats. Then early in 1931, RT Symonette emerged as a young man, who had an idea of erecting a shipyard that would be swecond to nonea nywhere in the world. At first, it was a foolish idea preceived by many, but in time, he was considered a genius because of ther emarkable accomplishment that was made during the last quarter of a century. After sailing in the races organised by the association, Symonette had another vision and this time it was to establ ish the Nassau Yacht Club t hrough the help of such men as Joseph H. Thompson, Charles Albury, Stafford L. Sands, William Saunders, Charles R. Arteaga, Hertbert A. McKinney, Roy C. Arteaga, Charles A. Arteaga, John K nowles, J.E. Lewless, Harry Knowles, Everette Sands and Dudley Sands. From that group of men w ho met in his office on September 9, 1931, Symonette was elected as the first president; Joseph H. Thompson as vice president; Stafford L. Sands as secretary and Charles Albury as treasurer. A t the time, there was the preception that it was just another social club. But the pricipal qualification was that in order to be a member, one had to have the ability to handle a boat skillfully. D uring their first meeting, a committee was appointed to confer with other athletic clubs and, if possible, to arrange a schedule of races, not conflicting with other s ports. I t wasnt until the second meeting that the committee announced that the NassauY acht Racing Association was defunct and the debts and funds were taken over by the Nassau Yacht Club. Now in charge of the full operation of the sport, the club held its first official race o n October 23, 1931, with c ompetition staged in three classes A, B and C. Competing in the initial race were Ogam (skippered by Kenneth Butler), Lady Patsy 1 and Lady Patsy II (Alan Kelly), Ram (Jack Turt le), Hotspun (Leonard Roberts), Teaser (JD Albury), Snipe (AH Sands), Flash (WE SaundersP hoenix (EC Moseley Amphion (JH Thompson Marie S. (Basil McKinney nameless yacht owned by JE Lewless, Ortolan (Everette Sands), Phantom (Stafford L. Sands), Jolly Roger andF eisien II ()RT Symonette), Thustle (Oswald Mosely Baby Patsy and Canvas Back (CA Arteaga), Fussie (CF Dillon), Rosalie (Charles Albury), Flamingo (Maurice Barbes), Barbara (FT Stur r up) and Miss Nassau (RC Arteaga). Jas. P. Sands, a paint department managed by Arthur Sands, presented the first trophy. Hence, it was the b irth of competitive sailing in N ew Providence. The yacht club that grew out of a rich history of sailing THENASSAUYACHTCLUB has a rich history and a vibrant present, as a visit to its website, pictured, will show.