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Volume: 107 No.129 FRIDAY, APRIL 29, 2011 PRICE – 75¢ (Abaco and Grand Bahama $1.25) Value of Bahamas CARS FOR SALE, ‘Golden girl’ S S
S Anthonique E E T
fisheries exports D HELP WANTED I N R
I ready for S O S N P I U rise 14 per cent AND REAL ESTATE
S Penn Relays B SEE SECTION B BAHAMAS BIGGEST SEE SECTION E
MAN FOUND DEAD WITH GUNSHOT WOUNDS IN LATEST MURDER POLICE are investigating a murder that occurred in Fox Hill yesterday. Missing fisherman Ricardo Edgecombe, 30, of Johnson Road, is the coun- try’s 43rd homicide victim this year. His body was discovered with multiple gunshot wounds on Grant Street, off Step Street, at around 3am. Emergency Medical Ser- vices personnel responded and pronounced Mr Edge- combe dead at the scene. In a separate investigation, police appealed for help in ‘victim of foul play’ trying to track down a teenag- er they want to question. Officers are looking for 18- Wife’s desperate CLOWNING AROUND AT FUN DAY SEE page six HAITIAN IMMIGRANTS plea for truth SLEEP IN CHURCHES AFTER ‘MUD’ BLAZE about fatal trip DOZENS of Haitian immi- grants slept in local churches and with friends last night By TANEKA about a week's time. after being left homeless by THOMPSON She said since her a massive fire in The Mud, Tribune Staff husband's disap- Abaco. Reporter pearance, she has More than 100 people were tthompson@ had insomnia and displaced when the fire tribunemedia.net had to enrol her two destroyed nearly 40 homes, young daughters according to unofficial esti- THE distraught into grief coun- mates. wife of a fisherman selling. Tim Roberts, an Abacon- who has been miss- Mrs Deleveaux ian fire worker, said the ing at sea for nearly said she has heard flames are now under control six months believes "conflicting" and several government agen- he was the victim of accounts of what cies have arrived to assist. foul play and is des- happened on the The National Emergency perate for police to MISSING: Oral day her husband Management Agency conclude their inves- Deleveaux did not went overboard. (NEMA) sent officials to tigation into the case. return from a fishing To make matters Abaco yesterday to join Jacqueline Dele- trip last year. worse, Mrs Dele- workers from the Department veaux, a 40-year-old veaux said the oth- of Social Services, Immigra- primary school teacher, said er men on the trip never con- life for her and her two tacted her about her hus- SEE page six daughters has been turned band's disappearance, telling upside down since her hus- The Tribune she found out band reportedly went over- the horrific details from fam- board during a fishing trip last ily members two days after ANONYMOUS DONOR December. the incident. Oral Deleveaux, a fisher- She was told the boat car- GIVES PMH $500K OF man by trade since the early rying her 42-year-old husband MEDICAL EQUIPMENT 1990s, left Nassau on Decem- and two other men broke By LAMECH JOHNSON ber 4 for the Exuma Cays and was expected to return in SEE page six THE Princess Margaret Hospital has received $500,000 in medical equip- ment from an anonymous donor, hospital officials revealed yesterday. The donor, who has lived in the Bahamas for more than 45 years and wishes not to be named, was the husband of a terminally ill patient who received treat- ment at PMH about five years ago. Dr Rickey Davis, an Accident and Emergency doctor who treated the donor’s wife, said she had only been receiving treat- MADE-UP: Children get their faces painted yesterday at Windsor Park, as the Urban Renewal Pro- ment for five months but gramme held an Easter Egg Hunt and Fun Day. Felipé Major/Tribune staff SEE page two
NASSAU AND BAHAMA ISLANDS’ LEADING NEWSPAPER
PAGE 2, FRIDAY, APRIL 29, 2011 THE TRIBUNE
LOCAL NEWS Five new dialysis machines as part of $500k donation By LAMECH JOHNSON Ms Fernander said the unit has around 150 patients, 80 of whom are treated daily. STAFF of the Dialysis Unit at the Princess D Rickey Davis says the dialysis machines are Margaret Hospital are grateful for the five new "critical" for the hospital because the facility has dialysis machines they received as a part of a a lot of patients with pressure related problems $500,000 donation from an anonymous donor. and other health issues which require dialysis Christine Fernander, one of the nursing officers treatment. of the unit, said the machines, which cost $22,000 The five machines are part of a donation of each, "have made dialysis easier." equipment worth $500,000, and according to "The machines have a certain life span depend- Dr Sara Friday and Lisa Deveaux of the A&E ing on how much you use it and we have been department, are the most expensive of the exceeding it. These five machines have made lot. dialysis easier and are up to date,” she said. The Dialysis Unit also received a computer. THE MACHINES, which cost $22,000 each, ‘have made dialysis easier.’
ANONYMOUS DONOR GIVES PMH $500K OF MEDICAL EQUIPMENT FROM page one best if it came in the form of equipment. Dr Sara Friday, head of thought highly of the hos- the A&E department at pital staff's work. PMH, spoke about some of "Apparently five years the vitally important ago when I was in the sur- machines. gical department at the She said: "We were given time, I worked with this a patient tracking system, elderly lady. I treated her and this is important like I treated everybody because it is a system where else, but she thought I was we enter patients as they an exceptional person in the are arriving and we track way that I had managed her them through the depart- with the team that I was ment. So when someone with at the time,” said Dr calls looking for a patient, it Davis. helps us to readily locate “She had a diary that she where that patient is and kept notes in, and appar- what steps they are in their ently when she had passed process – whether they have away from her terminal ill- been seen, are waiting for ness, her husband went lab results, waiting to be through and read the diary. admitted to the ward or He said it brought tears to whether they have already his eyes because she spoke been warded." so well about me and some The $29,000 system also of the other staff that was helps A&E track the length taking care of her and her of time a patient has been condition, and we treated in the department, includ- her like she was a part of ing how long it takes to be the family." seen by a doctor. Dr Davis said he recently "We also got some very- received a phone call from needed cardiac monitors. DR SARA FRIDAY, head of the A&E department at PMH, shows the new Patient Tracking system (above) and the new ECG Machine (below). “an individual who identi- These are important for Tim Clarke/Tribune staff fied himself" but thought it when we are transporting was a prank because the patients to the ECG screen- man said he wanted to ing department and the donate half a million dol- ward,” Dr Friday explained. lars to the hospital. The ECG machine, which "Well, of course, I is used for screening thought it was a joke when patients with heart prob- he said he'd like to meet lems, cost $19,000. There with me. I don't think I'd are now two ECG machines like to meet with anybody in the hospital. when they say they want to In total, including the donate half a million dol- patient tracking system and lars,” said the doctor. Mac5500 ECG machine, “But eventually I met the A&E department with the individual and he received 25 pieces of equip- was very pleasant and indi- ment, among them seven cated that because of his computers, six cardiac mon- wife he would like to itors, three examination donate half a million dol- beds, four wall diagnostic lars." sets and a digital baby The donor gave Dr Davis scale. the option of receiving a The ENT Clinic and Dial- cash donation, but he ysis unit also received new replied that he thought it equipment.
DR. RICKEY DAVIS addresses members of the media yesterday about the donation. Tim Clarke/Tribune staff
THE TRIBUNE FRIDAY, APRIL 29, 2011, PAGE 5 LOCAL NEWS POLICE URGE BOATERS Police Sergeant describes murder TO ENSURE VESSELS ARE SEAWORTHY By DENISE MAYCOCK scene as trial gets underway Tribune Freeport Reporter [email protected] By DENISE MAYCOCK the hallway and in the store eral items, including swabs col- FREEPORT – Following Tribune Freeport Reporter Five charged in connection room near the body. lected at the scene, a projectile, a near tragedy at sea this [email protected] “I processed the scene, I took spent bullet casings, and shoe week, police are urging with incident in 2008 pictures of the scene and pic- impressions along with an analy- boaters to ensure that their FREEPORT – The trial of tures of the deceased. I also sis form, to the Police Forensic vessels are seaworthy before five Abaco men charged in the It is alleged that Mills and his role in the investigation. swabbed the blood droplets,” he Lab. venturing out of port. armed robbery and murder of a Russell conspired to commit Farquharson, an officer said. Defence counsel objected to On Tuesday, three per- cashier two years ago at a food- armed robbery. They are repre- attached to the Central Detec- The police sergeant also col- the negatives being entered as sons from Bimini were en store in Marsh Harbour is under- sented by Nassau attorneys J tive Unit in Marsh Harbour, told lected a wallet and a spent casing evidence, saying that the prose- route to West End, Grand way in the Supreme Court. Henry Bostwick, QC, and Mur- the court that he went to the found in the area of the cution never disclosed their exis- Bahama when their vessel Defendants Lavardo Rah- rio Ducille, respectively. M&R Foodstore on November deceased. tence to defence until Tuesday. ran out of fuel and started ming, 26; Dario Mills, 24; Calvin McPhee, who is also repre- 27, where he saw the body of a The following day, Mr Far- Murrio Ducille said that the taking on water. Edgecombe, 24; Sharvargo sented by Mr Ducille, and Rah- young man with a bullet wound quharson went back to the store, Voluntary Bill of Indictment was Police Asst Supt Loretta McPhee, 19; and Jermaine Rus- ming, who is represented by in his chest. where he discovered a projec- made on September 28, 2009. Mackey said the trio sell are all charged in connec- Carlson Shurland, are charged He said he knew the deceased tile on the floor. “It has been in excess of two onboard – a husband and tion with the robbery of the with murder and armed robbery. as Dion Strachan. He also dusted the area for years and we have just been wife aged 32 and 30 years, M&R Foodstore and shooting In addition to murder and Strachan, who was an employ- shoe prints and discovered three served with this.” and a 24-year-old man – had death of Dion Strachan some- armed robbery, Edgecombe, ee at the foodstore, was wear- different shoe patterns, which Mr Shurland said: “We had left Bimini around 6pm on time between November 26 and who is represented by Simeon ing a white t-shirt, blue jeans and he labelled A, B and C and pho- been given an opportunity to see Monday. 27, 2008. Brown, is also charged with two blue tennis shoes. tographed. negatives… and so full disclo- She said relatives in Bimi- Justice Hartman Longley pre- counts of possession of two unli- The deceased was lying on his Farquharson produced in sure is the issue and whether the ni received a call from one sides over the case, which is censed firearms and two counts back in a northern store room. court 44 negatives of pictures defence had opportunity to view of the passengers around before a jury of four men and of ammunition possession. There were four shell casings taken at the crime scene. He said the evidence.” 3.49am on Tuesday inform- eight women. Police Sergeant Detective near the body. photograph enlargements of the However, Justice Longley ing them that the trio’s 21ft Vernal Collie, Erica Kemp Christopher Farquharson was Farquharson said he also negatives were placed in an allowed the album to be entered single engine vessel was tak- and Olivia Blatch of the Attor- called as the prosecution’s first observed blood droplets in cer- album. as evidence. ing on water just off West ney General’s Office appear on witness on Wednesday, giving tain areas of the foodstore, He told the court that on During cross-examination, Mr End. behalf of the Crown. details of the murder scene and including on the cash register, in November 29, 2008 he sent sev- Shurland asked Sgt Farquhar- Authorities were notified son whether he was part of the in Bimini, as well as the TRIUMPHANT BASKETBALL TEAM VISIT PRIME MINISTER contingent of officers who arrest- Police Marine Section, ed his client, Lavardo Rahming, Defence Force and BASRA at the Marsh Harbour Airport. officials in Freeport were Sgt Farquharson said that he notified. had accompanied several offi- Ms Mackey said the cers to the airport, but was not boaters came ashore at the officer who had put Rah- Deadman’s Reef just before ming under arrest. 8pm on Tuesday. Mr Shurland asked if his client “We want to take this was taken directly to the Marsh opportunity to remind Harbour Police Station following boaters to ensure that their his arrest. boats are in proper working Sgt Farquharson said Rah- condition and they are pre- ming was first taken to the air- pared for the voyage at sea,” port terminal to collect his she said. belongings and then taken to the Asst Supt Loretta Mackey Police Station. said it is important that He said Rahming was arrested boaters plan ahead and fol- with Sharvargo McPhee. low proper boating prac- The trial continued Thursday. tices. “It is imperative that boaters check to ensure that their engine is operating properly and that they have sufficient fuel, as well as life vests, a VHF radio, GPS, WINNERS of the Annual Hugh Campbell Basketball Tournament, the RM Bailey Basketball Team, made a courtesy call on Prime food and water onboard,” Minister Hubert Ingraham, who treated them to lunch at the Poop Deck restaurant in Delaporte. she said. Peter Ramsay/BIS
PAGE 6, FRIDAY, APRIL 29, 2011 THE TRIBUNE
LOCAL NEWS HAITIAN IMMIGRANTS Missing fisherman SLEEP IN CHURCHES AFTER ‘MUD’ BLAZE FROM page one
tion, the Royal Bahamas Police Force and the local ‘victim of foul play’ island administrator. Red Cross personnel and church FROM page one point the men discovered the "I was told he dived down. officials were also helping vessel's rudder was broken But my husband doesn't dive with the recovery effort. down near Ragged Island on and attempted to repair it without his goggles and his Island Administrator December 7, 2010. At some with a makeshift replace- fins – and when I went to the Cephas Cooper was not ment. boat to get his stuff they available up to press time ORAL DELEVEAUX and his family in Mrs Deleveaux was told were still there. He doesn't yesterday. Police officials a photo taken several years ago. this tool went overboard and dive without them, no matter would not comment. her husband jumped in after how much of an emergency Pastor Lucane, a local it – and never resurfaced. it is – I think it's suspicious." church official, said there However, she claims a The teacher said the mat- were no serious injuries, relation of her husband was ter has been under investi- although a woman received told a conflicting story about gation by officers at the Cen- minor burns. He said resi- how Mr Deleveaux went tral Detective Unit since dents are concerned about overboard. The fact that she December. She claims she the number of fires in Hait- found her husband's goggles has received no new infor- ian villages. and fins onboard the vessel mation from police. As for the displaced peo- days after he went missing "I want the police to call ple, he said they are in great also raised suspicions for Mrs me and give me information need. Deleveaux, who is adamant – anything. They tell me the “They don’t have any that her husband would nev- matter is under investigation beds, clothes, house. They er free-dive without them. but they are not giving me need plenty things. They "The information I got any details. I did my own don’t have nothing. Every- was that the boat broke investigation and that is the thing they lost. Everything down off the Ragged Island only reason why I have burned,” said Pastor chain and it was taking on peace of mind." Lucane. water. Soon everything was Superintendent Leon The blaze began in the fine because they got the Bethel, head of the CDU, northeast side of the shanty water off the boat. But the said he was aware of the town sometime after 3pm rudder broke and they were investigation, but could not on Tuesday. The settlement trying to fix it when some- provide specific information was established about 30 thing fell in the water. My until he had reviewed the years ago, according to husband went in the water case file. He promised to some estimates. to get this thing and never give The Tribune an update In October 2009, at least resurfaced. today. 39 people were displaced after an early morning blaze razed 12 structures in the same community. Police are still investigat- ing the cause of the latest fire. Fire inspectors from Nassau went to Abaco to assist in the investigation. 38%/,&127,&( The Mud and the neigh- bouring Haitian shanty town of Pigeon Pea are '2:172:1%$<675((7:25.6 together thought to house %(7:((148((1675((7 $1' around 3,000 Haitian migrants and Haitian- 9,&725,$ $9(18( Bahamians. The land is located opposite the main port in Marsh Harbour and 52$':$<&/2685( the local Department of WK$SULOIRU:HHNV SPWRDP Immigration. The day after The Mud fire, the Abaco fire services ,Q DQHIIRUWWRXSJUDGH:DWHUDQG6HZHU were called to the scene of two other fires. Mr Roberts 6HUYLFHV%$+$0$6+27 0,;KDVEHHQ said there was a bush fire FRQWUDFWHG WR FRPSOHWH UHODWHG ZRUNV RQ behind a food store in Dun- %D\ 6WUHHW EHWZHHQ 4XHHQ 6WUHHW DQG das Town and a fire near a home in Murphy Town. 9LFWRULD$YHQXH He said the fire services are “stretched.” “We only had two 7KH SXEOLF VKRXOG H[SHFW 5RDG/DQH engines in service yesterday. &ORVXUHV DQG DUH HQFRXUDJHG WR IROORZ Today we had three. After a month of waiting we got WKH WHPSRUDU\ GHWRXU VLJQV DORQJ %D\ approval to bring in another 6WUHHWFRPPHQFLQJSPRQ7XHVGD\WK truck duty free. Two of the $SULOIRU:HHNV engines are in need of repairs, but so many fires have been happening there 0RWRULVWV VKRXOG DYRLG WKLV DUHD GXU is very little time in between to do maintenance,” he said. LQJ SHDN KRXUV ZKHQ SRVVLEOH DQG VHHN DQ DOWHUQDWLYH URXWH WR WKHLU GHVWLQDWLRQ MAN FOUND DEAD :H GR DSRORJL]H IRU DQ\ LQFRQYHQLHQFH WITH GUNSHOT FDXVHG DQG ZH ORRN IRUZDUG WR WKH FRRSHUDWLRQRIWKHPRWRULQJSXEOLF WOUNDS IN LATEST MURDER FROM page one
year-old Benjamin Ander- son who is wanted in con- nection with an homicide investigation. Anderson is known to frequent the Key West and Ida streets area, and is described as medium build, around 5ft 8ins tall with a dark brown complexion. He is wanted for ques- tioning in connection with a shooting incident that occurred around 11.30pm last Friday on Key West Street. Anyone with information is asked to contact the police at 919, 322-3333, CDU 502-9991 or 502-9910 or Crime stoppers at 328- TIPS. Share your news The Tribune wants to hear from people who are making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for improvements in the area or have won an award. If so, call us on 322-1986 and share your story.
THE TRIBUNE FRIDAY, APRIL 29, 2011, PAGE 7
LOCAL NEWS $70,000 to further aquaculture research MULTINATIONAL life for warm-water aquaculture. Dyneema said: “Warm- sciences and materials com- Although netting with water aquaculture is partic- pany Royal DSM NV pre- Dyneema is already being ularly susceptible to preda- sented the Cape Eleuthera used, all parties felt the need tion, largely from sharks Institute with a cheque for to improve existing solu- who are notorious for dam- $70,000 to further its tions. aging offshore cages and research into offshore aqua- These funds, in conjunc- netting. DSM and NET Sys- culture. tion with in-kind donations tems have been developing DSM and the Cape from NET Systems, Inc of revolutionary new shark- Eleuthera Institute (CEI) Bainbridge Island, WA are resistant netting materials are collaborating to demon- being used to design and test and with CEI are in the final strate that raising fish in an new ultra abrasion resistant stages of testing a material offshore cage within the netting materials that will be that will be used to facilitate Bahamas and other warm- used to manufacture a full-scale grow out in an water locales is possible and enhanced shark-resistant offshore cage.” can be done with assured fish cages. “Going forward, we will success and in a sustainable This is the first corporate be constructing a new net manner. sponsorship CEI has made out of this tested The support is aimed at received. CEI promotes con- material and intend to run this opportunity to further while finding feeds that Cobia has been selected demonstrating the commit- servation of tropical and a full-scale grow out.” demonstrate the viability of utilise lower concentrations as the first species of fish to ment of DSM – whose prod- coastal ecosystems through- Geoff Walton of CEI said: warm-water, open ocean of fishmeal and demonstrate grow out with plans eventu- ucts include food, dietary out the Bahamas and “Our continued partnership cage aquaculture.” higher feed conversion ally moving onto pompano, supplements and medical greater Caribbean by facili- with University of Miami The mission of CEI’s off- rates, all while mitigating jacks, and other local devices – to sustainability tating research, supporting Rosenstiel Experimental shore aquaculture pro- any negative environmental stocks. and feeding the world’s pop- education at all levels, and Hatchery, materials tech- gramme is to demonstrate impacts. Royal DSM NV is a glob- ulation. promoting outreach to nology partners and health that fish can be locally The ultimate goal is to al science-based company DSM Dyneema and CEI enhance the conservation and nutritional experts in raised within the Bahamas reduce fishing pressure on active in health, nutrition have been working in part- awareness of local commu- the corporate realm give us from egg to harvest size, wild stocks. and materials. nership since 2009 to find nities. improved predation controls Ken Robertson of DSM
APPROVAL GRANTED FOR GRAND BAHAMA POWER COMPANY’S RATE STRUCTURE CHANGE THE Grand Bahama Power Company announced that approval was granted for a change to GBPC’s rate structure. “We have had extreme- ly productive meetings with our regulator, the Grand Bahama Port Authority,” said Ray Robinson, GBPC execu- tive chairman. “With the approval of this new structure, we now have the necessary mechanism in place to make the substantial cap- ital investments necessary to provide our customers with reliable and cost effective generation.” RAY ROBINSON, The new rate structure GBPC executive chairman will allow for Emera com- pany to make the capital investments required in the new plant without an increase in rates for GBPC customers, he said. Efficiency The new Diesel plant is projected to be commissioned in late second quarter of 2012 and is expected to pro- vide customers with significantly improved levels of reli- ability and efficiency. “In the long term we believe that the improved efficiency and reliability of the new plant will reduce costs to customers,” Mr Robinson said. Mr Robinson thanked the Grand Bahama Port Author- ity (GBPA) for their foresight on this issue. “The GBPA has implemented a new rate structure that is comparable to other jurisdictions and allows us to move ahead with the $80 million generation plant,” said Mr Robinson. “We have been very pleased with the effective rela- tionship we have with the GBPA. (President Ian) Rolle and his staff have worked with us to ensure that this new structure is a benefit to the residents of Grand Bahama. It is our expectation that this new plant will assist the island in its recovery and attraction of new investors.” GBPC also stated that they will announce more infor- mation about the new Diesel plant shortly.
THE TRIBUNE FRIDAY, APRIL 29, 2011, PAGE 19 INTERNATIONAL NEWS Terrorist attack hits cafe in Morocco, 14 dead
MARRAKECH, Morocco Carvalho, a 34-year-old call Associated Press center worker from southern Portugal, told the AP by tele- A MASSIVE terrorist phone. bombing tore through a At least two French nation- tourist cafe in the bustling als were among the casualties, heart of Marrakech's old although it was not immedi- quarter Thursday, killing at ately clear whether they were least 11 foreigners and three dead or wounded, judicial offi- Moroccans in the country's cials in the French capital said. deadliest attack in eight President Nicolas Sarkozy years. confirmed that the victims At least 23 people were included French citizens. wounded in the blast a few UK Foreign Secretary minutes before noon in William Hague said the Djemma el-Fna square, one British ambassador was trav- of the top attractions in a elling to Marrakech, although country that depends heavily he gave no immediate confir- on tourism, Moroccan Inte- mation of British casualties. rior Minister Taib Chergaoui This former French colony said. EXTERIOR VIEW of a damaged building has enjoyed relative stability Government spokesman after an explosion ripped through a cafe and political plurality com- Khalid Naciri told the AP it popular among foreign tourists in the pared to some of its neigh- was too soon to lay blame for Moroccan city of Marrakech, Morocco. (AP) bors, but King Mohamed VI what he called a terrorist holds the final say in all policy, attack but he noted that and the country's largest Morocco regularly dismantles cells linked to al- Islamist movement is banned from politics. Qaida in the Islamic Maghreb and says it has The king has pledged constitutional reforms in disrupted several plots. response to several largely peaceful protests over The emergency room chief at Marrakech's the past two months that were inspired by pop- main Tofail Hospital, suggested that up to 16 ular uprisings that pushed out autocrats in near- people may have died. At least eight French cit- by Tunisia and Egypt. izens were being treated at Marrakech's main Germany, which said none of its citizens had Tofail Hospital, along with one Canadian, a been hit, urged that the attack "must not lead to British citizen and three Moroccans, Hicham the reform process that has been initiated in Nejmi said. Others were being treated at a mili- Morocco being undermined." tary hospital and a handful in private clinics. Al-Qaida's affiliate in North Africa stages reg- April marks the start of Morocco's tourist sea- ular attacks and kidnappings in neighboring Alge- son, when visitors gather to watch snake charm- ria. Al-Qaida in the Islamic Maghreb is holding ers, storytellers, jugglers and local musicians, fill- four Frenchmen hostage after kidnapping them in ing the cafes that ring the edges of the iconic Niger last year, and recently released new images square on the route to the city's major open-air and audio recordings of their voices. souk, or market. Morocco, however, has been mostly peaceful Barriers were thrown up around the cafe, but since it was hit by five simultaneous terrorist crowds continued to fill the famed square after bombings in Casablanca in 2003 that killed 33 the attack. people and a dozen bombers linked to the "There was a huge bang, and lots of smoke Moroccan Islamic Combatant Group, a local mil- went up. There was debris raining down from itant group also been implicated in the deadly the sky," honeymooner Andy Birnie, who lives in transit attacks in Madrid in March 2004. north London, told The Associated Press by tele- In April 2007, two suicide bombers died in phone. "Hundreds of people were running in attacks by the U.S. consulate in Casablanca, the panic." economic capital. The explosion blew much of the facade off Moroccan authorities have rounded up thou- the two-story terracotta-colored Argana cafe, sands of purported terror suspects in recent years leaving awnings dangling. Panicked passersby and while they "regularly discover terrorist cells dragged away bodies and tried to put out flames ... nothing led us to foresee an act of this magni- with fire extinguishers, witnesses told The Asso- tude," Naciri said. ciated Press. "Morocco has an international image of wel- "I believe the injured were mostly tourists, come, hospitality and tourism," he told the AP. judging by what they were wearing," Alexandre "An act of this magnitude will leave its mark."
THE TRIBUNE
FRIDAY, APRIL 29, 2011 SECTION B • [email protected]
RISING FUEL COSTS DIESEL TO BECOME ‘SCARCE’ AT GAS STATIONS, PREDICTS SERVICE STATION PRESIDENT I By ALISON LOWE in the wholesale cost of diesel and gasoline. Comments as second fuel wholesaler imposes Business Reporter Oswald Moore, President of the major cost hike [email protected] Bahamas Petroleum Retailers Association I (BPRA), said that retailers, who have seen Oswald Moore says retailers “disappointed” DIESEL fuel is to “become more scarce” their profits shrink as costs grow and mar- by government’s lack of response to date on in short order, the President of the gins remain fixed, “cannot continue to car- ry this load much longer.” request for margin increase Bahamas Petroleum Retailers Association has warned, as retailers face growing prob- SEE page 2B I Retailers need answer ‘in a week’ lems with cash flow in light of further hikes
DEPARTMENT OF MARINE RESOURCES Value of Bahamas fisheries exports rise 14 per cent By ALISON LOWE Business Reporter [email protected]
HE value of Bahamian seafood and fish- eries products exports grew by almost 14 per cent in 2010, with $73,594,719 of products ranging from lobster to sea cucumbers to countries from the US to KoreaT in 2010, according to data recently compiled by the Department of Marines Resources. Consistent with historic trends, crawfish was the seafood product most commonly exported in both cal- endar years, with 4,732,040 pounds selling for $67.9 mil- lion in 2010 ($14.30 per pound average) and 5,080,330 selling for $59.6 million in 2009 ($11.7 per pound aver- age). The US, Canada and France were the major importers of Bahamian crawfish, with the USA by far the largest of these markets in terms of quantity consumed. Conch formed the second largest fisheries export in both years. f f
In 2009 532,225 pounds of conch was exported at a val- a t s
e
SEE page 2B n u b i r T / e k
CONCH FISHING: Conch (right and above) r a formed the second largest fisheries export in l C both years. m i T Developer: Specialty blocks can boost LIFE INSURANCE / are you covered? productivity by 15% Relax! It’s not complicated. He wants to protect his family. He wants his children to have opportunities. And he wants to meet his financial responsibilities. That’s why he has life insurance with Family Guardian. Life’s a lot less complicated when tomorrow’s secure.
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By ALISON LOWE Business Reporter [email protected]
A NEW building material being manufactured in The Bahamas is winning support- ers in the construction indus- $5.2968 try who say it is saving money and time in the construction$ $4. process, is better for the envi- ronment and promotes addi- tional strength in buildings. $5.6251 The blocks are stacked and interlink with each other and Financial Strength Rating $4. A the steel re-bar and eliminate M BEST the need to erect a traditional A- Excellent $5.73 wooden form into which con- 69 crete is poured to create a $4. structure, with concrete CONTACT A SALES REPRESENTATIVES AT AN OFFICE NEAREST YOU East Bay Street, Marathon Road, Thompson Boulevard, & Blue Hill Road (top hill) The information contained is from a third party and The Tribune can not be held SEE page 2B +242 396-1300 I www.familyguardian.com responsible for errors and/or omission A member of the FamGuard Group of Companies from the daily report.
PAGE 2B, FRIDAY, APRIL 29, 2011 THE TRIBUNE BUSINESS What Business brokers do Value of Bahamas
these. They also get the small things By SIMON COOPER right, like returning calls and being fisheries exports Res Socius punctual at appointments. I Business brokers stay in touch HE value of a business is and make sure that their clients know only partly its buildings. exactly what is happening, and how rise 14 per cent It also lies in what the market is responding to their pro- accountants call goodwill, gram. thatT is, the probability of ongoing trade SIMON FROM page 1B thanks to reputation and market niche. COOPER I Business brokers do far more While a building may have potential than simply selling businesses. They ue of $3.2 million ($6 per pound average), while in 2010, to house a variety of different busi- become involved in the businesses they 554,100 pounds of conch was exported for $3.2 million nesses, those businesses can usually sell. They search constantly for oppor- ($5.80 per pound average). The USA was the sole export operate equally effectively elsewhere, front. They never, ever surprise their tunities, and they are tireless in repre- market for Bahamian conch. including in other rented premises. This clients. They do not let them down. senting the interests of their clients. Over 1.2 million pounds of stone crab claws exported to is why a business has an intrinsic value They do not sacrifice their privacy the US fetched a hefty $1.3 million in 2010 ($10.70 per in itself. Selling this intrinsic value is either. Unlike a property sale, a busi- When they present offers, these pound average). This was a significant increase on the what business brokers do (although ness identity remains confidential until clients receive assurance of two essen- 88,989 pounds exported in 2009 for $838,924 ($9.42). they may sell businesses with premises a potential buyer has been pre- tial things. The first is that their busi- Bahamian scalefish was also reasonably popular in the US too). approved and signs a non-disclosure. ness broker negotiated the best possi- market, with 193,815 pounds exported there in 2010 for ble deal for them. The second is that $644,412 ($3.32 per pound average). This represented a I Business brokers explain to their I Business brokers are consistent they received the best possible profes- 471 per cent rise from the 112,806 pounds of scalefish export- clients what they do to earn their mon- and are prepared to invest time and sional service too. It’s no wonder that ed in 2009. ey. This includes agreeing how they money to sell a business. They sub- business brokers are used throughout are to promote a business sale, and scribe to the asking price, and believe the developed world. Sponges how commission will be paid. They in the intrinsic value of the business motivate the strategic position that NB: Res Socius was founded by too. In this way, they are almost tem- Sea sponges represented the most widely exported they occupy and justify how their busi- Simon Cooper in 2009, and is a Busi- porary partners in a client’s firm, and Bahamian fisheries resources in terms of the variety of mar- ness expertise should close an advan- ness Brokerage authorised by the committed to promoting their finan- kets to which it was sold. Between Cyprus, France, Greece, tageous sale. cial interests and success. If you like, Bahamas Investment Authority. He has extensive private and public SME expe- Italy, Spain and the United States 36,680 pounds of sea they are a special case of business con- sponge was sold for $296,068 or $8.07 per pound. Spain I Business brokers motivate how rience, and was formerly chief executive sultant with rare skills. was the largest importer, buying 14,368 pounds of sea they arrive at business valuations. They of a publicly traded investment com- sponge, followed by Greece, with 13,113 pounds. base these on actual business figures I pany. He was awarded an MBA with Business brokers are profession- Pearls were the most valuable fisheries product exported and prices of comparable sales (as distinction by Liverpool University in al at all times in matters large and in 2010, with 624 pearls sent to Japan for an average price of opposed to guesswork) and always 2005. Contact him on 636-8831 or write small. They are alert to clients’ shifting $37.90 per pearl, equivalent to a total $23,479. agree game plans for negotiation up to: priorities, and respond effectively to [email protected]. One of the more eyebrow-raising trends in 2010 was a 584 per cent increase in the amount of sea cucumber exported from the Bahamas but their value dropped. 30,703 pounds of these unusual creatures were exported to the US that year for $149,579 ($4.87 per pound average). In 2009, 4,488 pounds were exported for $123,420 ($27.50 per pound aver- age). Other fisheries products exported in 2010 include conch DIESEL TO BECOME ‘SCARCE’ AT GAS STATIONS, shell, of which China imported 50,000 pounds worth for $35,000 and the US imported $180,177 for $66,528, along with “opeculum” or “horn” - a shell byproduct - of which Korea imported 2,464 pounds at $11,628. PREDICTS SERVICE STATION PRESIDENT The data does not capture the end of the crawfish season FROM page 1B wholesale cost of fuel. Mr Moore said that many from December 2010 to its close on April 1, 2011. “The last time we got an retailers who attended a increase was back in 2002. meeting of the BPRA on “What we will see right At that time gas was $2.67 Wednesday evening “were now until the government per gallon and diesel was left disappointed” when Developer: Specialty does something is that diesel $1.62. At current prices Minister of State with will become more scarce as today, instead of costing us responsibility for relations retailers find it harder to go $20,000 per load of gas, we with the petroleum indus- get it and instead put the are paying $48,000. For try, Phenton Neymour, blocks can boost dollars they can scrounge diesel instead of $6,000 per attended the meeting but together towards buying load then, it costs almost “did not have positive word their loads of gas,” said Mr $20,000 now.” for us on the margin Moore. productivity by 15% “You’re getting 3.8 cents (increase request) yet.” His comments came on on the dollar for diesel. As to whether Mr Ney- the day that Esso increased PHENTON NEYMOUR That’s not a good invest- mour was able to give an its cost per gallon of gaso- ment. idea of when the industry line by 40 cents, bringing the that the government allow “You cannot expect indi- might know the outcome of price at the pump to $5.62. it to increase the fixed mar- viduals to take up $20,000 the government’s delibera- This followed a hike of 50 gin it can add to a gallon of to buy a load of diesel to tions over the margin cents in one day by gas and diesel, suggesting make three cents on the dol- increase request, Mr Moore Chevron, which supplies that retailers - who must put lar. That’s ridiculous. With a said: “He would not commit Texaco, on Wednesday, to together tens of thousands situation like that you can- himself to a timeline that he $5.73. Shell remains at $5.29 of dollars in cash upfront to not expect (retailers) will be possibly could not deliver but industry stakeholders buy their fuel - are finding carrying diesel much on. But one week is the out- have warned it is likely to increasingly difficult to stay longer,” Mr Moore said yes- side limit within which we follow suit. in business given the current terday. need to have solution.” The BPRA has requested
THESE ARE the 8 Inch blocks for the Belt Course. The bond beam is the bottom block and the Knockout forms the top blocks and together they create the belt. FROM page 1B
instead being poured into the blocks themselves. Steve Wallace, head of Block World, which designed and manufactured the blocks, suggests using them can reduce the time and material costs on a belt course by 50 per cent, and the overall cost of materials on a 1,200 square foot house by around Surprise yourself! Ask for home $4,000. The Ministries of Works and Housing have approved Block World’s “specialty blocks” for use in Bahamian buildings in insurance from NIBA. February of this year, given that the blocks passed strength and quality tests, meaning that contractors using them can win It only takes a few minutes on the phone or on-line, to ask for a home approval from government building inspectors. Some of the more high profile developments in which the insurance quote from NIBA.When you receive your quote, it only blocks have already been utilised in the new US terminal and the residential Balmoral development on Sandford Drive. takes a few seconds to realise how much better off you will be too! Balmoral Development Principal, Jason Kinsale, told Tribune Business he used the blocks in the last two buildings con- structed at the upscale development and has found them to pro- SAVE $$$ when you insure your home with NIBA! vide various advantages. “We’ve been very happy with it and will continue to use it Convenient, interest-free installment payments moving forward. There’s a price advantage. It reduces your requirement for using wooden forms which can be very expen- Competitive deductibles, fast claims service sive and more time consuming. Then there are the other issues Generous liability cover, incuding $1 million limit with wooden forms which is that it gets messy and they really just end up at the landfill at the end of the day so they’re not very environmentally friendly, and with these blocks you avoid that. The ability to build faster that they provide will probably It’s time to pay less for insuring your increase our productivity 15 per cent,” said Mr Kinsale. He suggested that on a 2,800 square foot home, using the spe- home! cialty blocks may have saved the company around $12,000. “It’s also good because the system does not require a lot of Tel. Nassau 677-6422 training to learn. You can learn it in a week,” said the devel- Open oper. The blocks also “interlock” at corners, unlike tradition- Freeport 352-6422 or al blocks, creating more building strength. Saturdays Mr Wallace said that since Block World, which also sells visit www.nibaquote.com 10.00am-2.00pm regular construction blocks, began selling the specialty blocks earlier this year, it has seen the specialty products grow to 15 per cent of its business, primarily from word of mouth promotion. NASSAU INSURANCE BROKERS AND AGENTS LIMITED He said the company is “getting a lot of ‘wow moments’,” at Atlantic House, 2nd Terrace & Collins Avenue P.O. Box N-7764 Nassau present, as contractors first learn of the benefits of using the Suite 6, Jasmine Corporate Center, East Sunrise Highway P.O. Box F-42655, Freeport blocks versus traditional construction methods involving ply- Tel. Nassau 677-6422 Freeport 352-6422 www.nibaquote.com wood forms. The blocks are sold via several major building materials supply stores in New Providence.
THE TRIBUNE FRIDAY, APRIL 29, 2011, PAGE 3B BUSINESS Andros Business Outlook 2011 in May THE second annual Andros and highly productive change Bahama, Abaco and Exuma. Business Outlook has been is great. We have been talking Sponsors for the 2011 scheduled for May 11 at Nichol- for years about this island’s Andros Business Outlook l’s Town, North Andros, under ability to increase the food include: BAIC, Royal Bank of the theme ‘The Andros Assign- security of The Bahamas and Canada, National Insurance ment: Innovate, Invest & Pro- we now see the right elements Board, Scotiabank (Bahamas) duce’. coming together in a cautious, Ltd; Sun Oil Ltd; The Nature The seminar will bring well-thought out and more sus- Conservancy; Ministry of together Androsians with gov- tainable way than ever before. Tourism; Bahamas Petroleum ernment officials, business peo- “The 2011 Andros Business plc; SkyBahamas ple in the oil, aviation and agri- Outlook seeks to contribute to For details of registration business sectors, Chamber of this dynamism by bringing and further information, con- Commerce representatives, together as many of the key tact Eileen Fielder at The environmentalists and civil ser- players as possible to talk about Counsellors Ltd, Alphonso vants. Edison M. Key, Execu- what’s underway, what’s Smith, BAIC, Andros, Ben- tive Chairman, Bahamas Agri- planned and the positives and jamin Pratt, Bahamas Tourism cultural & Industrial Corpora- challenges on the horizon. Sec- Office, Andros, or one of the tion (BAIC), will act as keynote ondly, we need to help get the Andros Chambers of Com- speaker, leading a cadre of word of these developments out merce. ADDRESS: Edison Key, Chairman, BAIC, speaks at the inaugural Andros Business Outlook in 2010. speakers who are “directly con- to the rest of the country,” Mrs nected to the novel economic Albury added. and social developments tak- Presenters confirmed to ing place on Andros”, said Joan Andros Business Outlook 2011 Albury, President, The Coun- include: Mr Key; Algernon sellors Ltd, organisers of the Cargill, Director, National event. Insurance Board; Paul Crevello, Mrs Albury reports that local CEO, Bahamas Petroleum support for the Business Out- Company Plc; Frank Lam, look is growing, with BAIC’s Agri-Business Specialist, IICA, Andros office, Bahamas Miami; Benjamin Pratt, Sr. Tourism Office-Andros and the Manager, Ministry of Tourism, Andros Chambers of Com- Andros Island; Eleanor Phillips, merce lending support as they Director, Northern Caribbean did last year. Programme, The Nature Con- “This is an exciting time to servancy; Capt. Randy Butler, hold a forum on business devel- President, SkyBahamas; Johan opment on the big island,” Mrs Rostad, President, Cariluxe Albury said. “Androsians are (Bahamas) Ltd; Edmund Rah- stepping up their investments ming, President, South Andros in their home island. Foreign Chamber of Commerce; Leroy investors are also returning and Sumner, Treasurer, T&SWC- the Government is putting CU and Zendal Forbes, Edu- some very real and much need- cator. ed linkages in place to bring The Andros forum is the together producers with buy- fifth of the Business Outlook ers. series that now comprises “The potential of this part- Bahamas Business Outlook in nership for bringing extensive the capital and those on Grand
SANDYPORT, 19 Poinciana Cay Beautiful 6,881 square feet canal front residential lot to be sold by sealed bid auction. Fully serviced, ready for building, 24-hour security, maintenance, 48 foot private sandy beach, private boat dock, ten- nis courts, swimming pools, children’s playgrounds, restaurants, Tambearly School. Seller reserves right to accept or reject any or all offers. Bid closing date 26th May, 2011. To view and receive bid package call Sandyport Realty 327-2425.
e Board of Directors of FamGuard Corporation Limited advises shareholders and the public that the Company’s Audited Consolidated Financial Statements for the year ended December 31, 2010 are available on the Company’s website: www.famguardbahamas.com
FAMGUARD CORPORATION LIMITED The parent holding company of Family Guardian Insurance Company Limited BahamaHealth Insurance Brokers & Benefit Consultants Limited FG Insurance Agents & Brokers Limited FG Capital Markets Limited FG Financial Limited
THE TRIBUNE FRIDAY, APRIL 29, 2011, PAGE 5B BUSINESS Some sceptical of big economic gains rest of year
JEANNINE AVERSA, then subtracts the trade deficit. Oil analyst Jim Ritterbusch AP Economics Writer The United States has a trade predicts average gas prices WASHINGTON deficit because the value of its nationally will peak at $4.25 a imports exceeds that of its gallon by the end of May. At Higher gas prices, severe exports. A big reason for the that point, he says, people will storms and belt-tightening at slower growth at the start of likely cut back on driving, and the Pentagon slowed the econ- this year is the sustained surge gas prices should fall to $3.75 a 127,&( omy in the first three months in gas prices, which is siphoning gallon over the summer. By 5%&),1&2,19,7(67(1'(56 of the year. Most economists money away from other pur- year's end, Ritterbusch says say the weak January-March chases, from cars and appli- prices should fall to $3.25 a gal- 5%& ),1&2 LQYLWHV WHQGHUV IRU WKH SXUFKDVH RI WKH growth was a temporary set- ances to clothing and vacations. lon. IROORZLQJ back that will be followed by Unlike other consumer spend- "We will have some zigs and stronger expansion the rest of ing, gasoline purchases deliver zags, but that's where we are ³$OO7+$7´ SLHFHSDUFHORUORWRIODQGEHLQJ/RW1RVLWXDWH the year. less benefit for the U.S. econo- headed," Ritterbusch says. But will it? my. About half the revenue Sohn isn't as optimistic. He LQ :HVW 5LGJHODQG 3DUN 6XEGLYLVLRQ VLWXDWH LQ WKH 6RXWKHUQ Gas prices keep rising, real BEN BERNANKE flows to oil-exporting countries, says gas prices will rise, not sta- GLVWULFW RI WKH ,VODQG RI 1HZ 3URYLGHQFH RQH RI WKH LVODQGV RI estate remains depressed and percent annual rate in the Jan- though U.S. oil companies and bilize, through the summer WKH&RPPRQZHDOWKRIWKH%DKDPDV6LWXDWHGWKHUHRQLVDVLQJOH the federal government seems uary-March quarter, weaker gasoline retailers also benefit. because turmoil in the Middle IDPLO\UHVLGHQFHFRQVLVWLQJRI EHGURRPVDQG EDWKURRPV about to adopt some of the than the 3.1 percent growth in The rise in gas prices has East could spread. That would deepest spending cuts in a gen- the previous quarter, the Com- shown no sign of slowing since push prices above $4.50 a gallon 3URSHUW\6L]H VTIW eration. Those spending cuts merce Department said Thurs- the first quarter ended in nationwide by late summer, he %XLOGLQJ6L]H VTIW will also filter down to state and day. It was the worst showing March. Consumers paid an says. local governments, already since last spring, when Europe's average of $3.89 for a gallon Partly as a result, he expects squeezed by their own budget debt crisis slowed U.S. growth nationally Thursday. That's 30 growth amounting to only 7KLVSURSHUW\LVEHLQJVROGXQGHU3RZHURI6DOHFRQWDLQHGLQD crises All of that could drag on to a 1.7 percent annual pace. cents more than a month ago about a 2.5 percent annual pace 0RUWJDJH WR ),1$1&( &25325$7,21 2) %$+$0$6 the U.S. economy through the U.S. growth, as gauged by and $1.02 more than a year ago. for the rest of the year. At that /,0,7(' rest of the year, despite a pick- the gross domestic product, is Federal Reserve Chairman rate, unemployment, now at 8.8 up in hiring. the output of all goods and ser- Ben Bernanke and some other percent, would likely decline $OO RIIHUV VKRXOG EH IRUZDUGHG LQ ZULWLQJ LQ VHDOHG HQYHORSH "Just about every piston in vices. It's affected each time economists are downplaying only slowly. Rising gas prices DGGUHVVHGWRWKH0DQDJHU5R\DO%DQN&ROOHFWLRQV&HQWUH32 the engine lost its power during the impact of high gas prices are draining most of the extra someone buys a car, has a man- %R[1 1DVVDX%DKDPDVDQGPDUNHG³7HQGHU ´ $OO the quarter," said Sung Won icure, sees a doctor or fills a gas on the economy for the rest of money Americans are receiv- Sohn, economist at California tank. the year. They predict gas ing this year from a cut in Social RIIHUVPXVWEHUHFHLYHGE\WKHFORVHRIEXVLQHVV SP)ULGD\ WK State University. "I don't think To calculate GDP, the gov- prices will stabilize and the Security taxes. That's the main $SULO all those negative factors are ernment adds consumer spend- economy will grow at a 3 per- reason why consumer spending going to disappear." ing, business investment and cent pace in each of the next cooled in the January-March The economy grew at a 1.8 government spending — and three quarters. quarter.
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Many also The lawmakers asked the notify users that they collect The nation's four largest wireless companies to explain location data — and require wireless carriers say they their policies for handling users to agree— before an obtain customer permission location data after The New app can be downloaded. before using a subscriber's York Times reported that a Apple requires iPhone apps physical location to provide Deutsche Telekom customer to obtain user permission to (AP Photo/Steve Helber) Procter & Gamble's Tide products are displayed at a Tar- driving directions, family-find- had discovered that the Ger- gather location information. ON DISPLAY: er applications and other loca- man phone company had get store in Richmond, Va., Wednesday, April 27, 2011. Procter & Gam- ble Co. tempered its earnings outlook for the year Thursday, April 28, kept detailed information tion-based services, and Guidelines because of fast-rising costs for raw materials and fuel and the still-slug- before sharing a subscriber's about his phone's location gish economies in the U.S. and other developed countries. location with any outside over a period of months. mobile apps that provide such Deutsche Telekom owns T- Meanwhile, CTIA -The DAN SEWELL, services. Mobile USA, but is seeking Wireless Association, the AP Business Writer But in letters to Congress INTERNATIONAL to sell the company to AT&T. wireless industry's top trade CINCINNATI released Thursday, the wire- One theme running group, has developed a vol- less companies also say they BUSINESS through the letters released untary set of industry guide- Procter & Gamble Co. tempered its earnings outlook for the year have no power to require longer store the data on Thursday was that the wire- lines to ensure that location- Thursday because of fast-rising costs for raw materials and fuel and device makers like Apple or phones for more than seven less carriers all comply with based services adequately the still-sluggish economies in the U.S. and other developed coun- independent developers of days, will encrypt the data and federal rules that prohibit notify consumers about loca- tries. location-based apps to get will stop backing up the files phone companies from using tion tracking and obtain con- The maker of Pampers diapers, Tide detergent and Crest tooth- paste said that profits and sales rose in its third quarter, led by sales similar user consent if these to user computers. customer data — including sent. Still, government officials in emerging markets. The company also announced plans for apps don't rely on the carriers Google, too, acknowledged location information — for more price increases. themselves to track a user's last week that phones running purposes other than provid- may get involved. The Fed- eral Communications Com- P&G, based in Cincinnati, said net income was $2.87 billion, up whereabouts. its Android software store ing service, or from sharing it 11 percent over last year. Earnings per share were 96 cents on rev- "While new third-party some GPS location data for with outside parties, without mission is looking at what rules could — and should — enue of $20.23 billion. Analysts expected 97 cents a share on applications bring many con- a short time. first obtaining subscriber con- $20.24 billion. sumer benefits, there are risks sent. apply. The issue is also on the P&G shares rose 48 cents to close at $64.50 Thursday. They have too," Kent Nakamura, vice Watchdogs But those rules do not radar screen at the Federal traded in a 52-week range of $39.37 and $66.95. president for policy and pri- encompass device makers Trade Commission, which P&G reported double-digit sales increases in Asia, with strong vacy for Sprint, wrote in a let- such as Apple, software wants to ensure that apps and sales for Pantene shampoo there and in Brazil, and for Gillette Privacy watchdogs warn other mobile services that ter to Reps. Joe Barton, R- that location data that gets providers like Google or razors in countries such as India, areas the company is increasingly gather location data do so relying on for sales growth. But developed market sales, which still Texas, and Ed Markey, D- stored over time can provide mobile apps. Mass. "And because mobile Although many apps rely with the full understanding account for two-thirds of P&G's business, continued to be nearly a window into very private and permission of users. And flat. devices are now an open plat- details about a person's life. on cell tower triangulation form, consumers can no provided by wireless carriers Barton hinted Thursday that "The results show that consumers in developed markets are Databases filled with such Congress may weigh in too. struggling," Bob McDonald, chairman and CEO, told reporters. longer look to their trusted information, they fear, could to determine a user's location carrier ... to answer all of their — and may therefore be indi- "After thoroughly review- "They're struggling with higher gasoline prices ... which is causing become inviting targets for ing the responses from the them to make choices." questions." hackers, stalkers, divorce rectly bound by federal rules wireless carriers, I am left The letters from the four attorneys and, of course, law — many others depend on with a feeling of uneasiness carriers — AT&T Wireless, enforcement agents. GPS technology, Wi-Fi hot and uncertainty," Barton said NOTICE Verizon Wireless, Sprint Nex- Representatives from both spot databases and even tel and T-Mobile USA — Apple and Google are expect- Internet Protocol addresses in a statement. were released one day after ed to testify at a Senate Judi- to pinpoint a user's location. "The companies informed SALVAN Apple admitted that its pop- ciary Subcommittee hearing Right now, few government us that customer consent ular iPhone stores data used on the matter next month. privacy rules apply when before access of location data INCORPORATION LTD. to help the device locate itself The Senate Commerce Com- those technologies are used. is a common practice, but the for up to a year. Faced with Companies are experi- disconnect is when third-par- mittee is also planning a hear- In Voluntary Liquidation an uproar among privacy ing. menting with various ty applications come in to play watchdogs and lawmakers Despite this week's intense approaches to help users ... It is time we hold third-par- after two researchers revealed focus on location privacy, the understand that locations are ty developers accountable, Notice is hereby given that in accordance with Section and I am determined to work iPhone location tracking prac- letters from the four big wire- being tracked. 138(4) of the International Business Companies tices last week, Apple said less carriers are actually in Popular apps such as the with other members of Con- Wednesday that it will no social networking service gress to get this done." 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(Over-The-Counter Securities) ZKHQ LWV $UWLFOHV RI 'LVVROXWLRQ ZHUH VXEPLWWHG DQG UHJLVWHUHG E\ 41.00 29.00 ABDAB 30.13 31.59 29.00 4.540 0.000 9.03 0.00% 0.55 0.40 RND Holdings 0.45 0.55 0.55 0.002 0.000 261.90 0.00% WKH 5HJLVWUDU *HQHUDO BISX Listed Mutual Funds 52wk-Hi 52wk-Low Fund Name NAV YTD% Last 12 Months % NAV 3MTH NAV 6MTH NAV Date 1.5487 1.4525 CFAL Bond Fund 1.5487 1.48% 6.06% 1.526164 1.505557 31-Mar-11 F 7KH /LTXLGDWRU RI WKH VDLG FRPSDQ\ LV =DNULW 6HUYLFHV /WG RI QG 7HUUDFH 2.9814 2.8300 CFAL MSI Preferred Fund 2.9814 1.15% 2.40% 2.947425 2.918697 31-Mar-11 1.5920 1.5141 CFAL Money Market Fund 1.5920 1.14% 4.53% 1.574964 1.555464 1-Apr-11 :HVW &HQWUHYLOOH 1DVVDX %DKDPDV 3.2025 2.8522 Royal Fidelity Bahamas G & I Fund 2.7049 -0.56% -15.54% 31-Jan-11 13.6388 13.0484 Royal Fidelity Prime Income Fund 13.5016 1.08% 0.02% 31-Mar-11 115.7622 101.6693 CFAL Global Bond Fund 115.7622 9.58% 9.58% 114.368369 109.392860 31-Dec-10 111.4697 99.4177 CFAL Global Equity Fund 111.4697 11.32% 11.32% 106.552835 100.183340 31-Dec-10 G $OO SHUVRQV KDYLQJ &ODLPV DJDLQVW WKH DERYHQDPHG &RPSDQ\ DUH 1.1608 1.0000 FG Financial Preferred Income Fund 1.1608 1.25% 5.20% 31-Mar-11 UHTXLUHG RQ RU EHIRUH WKH WK GD\ RI -XQH WR VHQG WKHLU 1.1214 1.0000 FG Financial Growth Fund 1.1214 0.26% 4.18% 31-Mar-11 1.1620 1.0000 FG Financial Diversified Fund 1.1620 1.12% 5.24% 31-Mar-11 QDPHV DQG DGGUHVVHV DQG SDUWLFXODUV RI WKHLU GHEWV RU FODLPV WR WKH 9.9952 9.1005 Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 1 9.9952 1.51% 6.08% 31-Mar-11 /LTXLGDWRU RI WKH FRPSDQ\ RU LQ GHIDXOW WKHUHRI WKH\ PD\ EH H[FOXGHG 11.2173 10.0000 Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 2 11.2173 1.50% 6.41% 31-Mar-11 IURP WKH EHQHÀW RI DQ\ GLVWULEXWLRQ PDGH EHIRUH VXFK GHEWV DUH SURYHG 10.4288 9.1708 Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 3 10.4288 4.03% 4.29% 31-Mar-11 8.4510 4.8105 Royal Fidelity Int'l Fund - Equities Sub Fund 8.5559 1.88% 8.41% 31-Mar-11 MARKET TERMS $SULO 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 =$.5,7 6(59,&(6 /7' 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 /,48,'$725 2) 7+( $%29(1$0(' &203$1< 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 7/11/2007 TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525 B U S I N E S SR E V I E W PAGE 20B • FRIDAY, APRIL 29, 2011 US ECONOMY SLOWED BY HIGH JA PAN FAC TO RY OUTPUT, GAS PRICES, BAD WEAT H E R CONSUMER SPENDING PLUMMET • SEE P AGE 8B • SEE P AGE 7B The month in REVIEW Baha Mar Groundbreaking Ceremony INVESTMENT UPDATE assessed. dums (PPMs). replace commercial and gov- PRIME Minister Hubert In its Phase I Peer Review ernment offices that will be Ingraham announced several the OECD said its "princi- TOURISM TRENDS demolished to make way for changes to the National pal concern" was the issue of Newly released Central the $2.6 billion mega-resort. Investment Policy. This availability of accounting Bank data showed that All work on the first phase is marked the first time since information from Bahamas- tourism outcomes did not on target for a mid-October 1992 that there was a change based entities, stating that this meet expectations in January completion and November 1 to the policy. The government nation did not meet the stan- and February, as hotels in opening. Work on the "core raised the minimum dollar dards set down. Nassau and Paradise Island phase" of the resort develop- requirement for direct foreign The government welcomed suffered a 6.1 per cent slump ment, involving construction investment from $250,000 to the outcome of the review, in their revenues compared of the major hotel properties, $500,000 and increased the adding that it is committed to to 2010, due to lower occu- will begin after this. minimum required value of a addressing the concern raised. pancies and average daily residence acquired by a for- Wendy Warren, Bahamas room rates (ADRs) BTC eign person for the purpose Financial Services Board However, the Bahamas Cable & Wireless Commu- of seeking accelerated con- (BFSB) chief executive and benefited from an overall nications’ (CWC) $217 mil- sideration of permanent resi- executive director, said: "Giv- "marginal increase" in Spring lion purchase of the majority dent status from $500,000 to en the scope and intensity of Break related vacations this 51 per cent stake in the $1.5 million. the review, the Bahamas' year and Atlantis reports that Bahamas Telecommunica- The update also saw the commitment to international its season outpaced the mar- tions Company (BTC) was policy changed to remove the standards has been rein- ket - coming in "much closed this month. restriction prohibiting inter- forced.” stronger than last year" and This came after the deal’s national investment in restau- even "comparable" to busi- closure was momentarily rants and/or entertainment SECURITIES INDUSTRY ness levels before the 2008 delayed as government and facilities. The Government debated downturn. George Markan- officials at the Grand Bahama and passed new legislation to tonis, President and Managing Port Authority (GBPA) GLOBAL REVIEW further regulate the securities Director of The Bahamas' wrangled over approval of the The Organisation for Eco- industry. Minister of State for biggest resort, Atlantis, has ownership change. nomic Co-Operation and Finance Zhivargo Laing told expressed Kerzner Interna- CWC promised that BTC Development's (OECD) Parliament that the new Bill tional's concern over what he consumers should see changes Global Forum on Tax Trans- should “support the growth termed a "disconcerting" in their service and pricing parency and Information and development of the secu- trend towards higher flight within the next three months Exchange gave the Bahamas rities and capital markets, prices coupled with less seat as the company embarks on a 'clean bill of health' in eight while keeping pace with availability coming into this its "100 day plan". out of nine categories international best practices nation. The new CEO Geoff and providing sound regula- The Ministry of Tourism Houston did not delve into t i o n ” . said it is "closely monitoring" specifics regarding price cuts The Securities Bill repeals price increases in air fares to or what changes customers and replaces the Securities The Bahamas but stop short should expect, saying that the Industries Act 1999. of saying that there was a cri- company wants to explain The Act, would enable the sis in terms of the escalating these things to employees and Bahamas to push for Catego- price of air travel and price the unions first. ry 'A' membership in the rises must be seen "in con- BTC's new management International Organisations text.” has said it is focused on pro- of Securities Commissions viding better value for cus- ( I O S C O ) . BAHA MAR PROGRESS tomers' money and introduc- The legislation coincided Eighty Independent com- ing new services - such as with a call to the government panies and 530 Bahamian increasing the number of to tighten and extend minor- workers were at work on the smartphones offered, imple- ity investor protection to $60 million phase one of the menting higher broadband those who invested in private Baha Mar development, speed and faster, more reli- Bahamian companies via Pri- involving the construction of able data services for mobile vate Placement Memoran- new roads and buildings to phones. THE TRIBUNE SECTION E ‘A vision of peace for Nassau Village’ in basketball tournament FRIDAY, APRIL 29, 2011 See page 3e INSIDE • International sports news Bahamas to host 2012 Carifta Swimming Championships By RENALDO DORSETT expectations for next year's event. with 679 points. ing forward as we continue to build great opportunity to win Carifta in Sports Reporter "We are very pleased with the per- The Bahamas' 11-12 age group upon that," added Cargill. 2012. “What we would like to do is [email protected] formance of the team, particularly scored the second highest total of For the team to make the leap to encourage more distance swim- because most of the team will be 231 points, while the 13-14 group from third place, Cargill said greater ming in the Bahamas," he said. "We AFTER a pair of third place fin- returning to Carifta next year. The scored 240.5. The 13-14 group fea- attention must be paid by the swim- have to build on our young devel- ishes in the last two editions of the Bahamas will be hosting Carifta tured record-breaking Dustin Tynes mers, clubs and the federation to opment. We lost a lot of opportuni- Carifta Swimming Championships, swimming and our goal is to win and who set three new Carifta marks and develop a complete programme. ties in the distance events and that is the Bahamas Swimming Federation make our biggest impact on the Margaret Higgs, the top swimmer "Swimming in the Bahamas is a where Barbados and the other coun- expects to not only field a competi- event here in the Bahamas," Cargill out of the Family Islands who gar- club sport where all of the clubs indi- tries seized the opportunities to go tive team in 2012 when the Bahamas said. "With the majority of the team nered much attention with her per- vidually prepare their athletes and ahead and win medals and score a hosts the event, but also has its sights returning, we believe we have a good formance. what we would expect is that the lot of points. They were placing set on claiming the title here at foundation to build on in 2012 when “What we believe was an out- swimmers would focus on more dis- swimmers in the finals in the full home. we do host." standing occurrence was that we had tance events because our swimmers range of races from sprints to dis- On the heels of its second consec- The 2011 team collected 41 medals Margaret Higgs from Abaco, train- tend to focus on the shorter races. tance events. So what we want to utive third place performance at the – 12 gold, 13 silver and 16 bronze – ing in Abaco, living in Abaco, made We won very few medals in events establish is a well-rounded pro- Carifta Swimming Championships en route to 610 points and a third the team and won five individual longer than 200m, that was one of gramme that focuses on all aspects." in Bridgetown, Barbados, BSF pres- place finish. Guadeloupe took first medals," he said. "We had many the main reasons we essentially did The Bahamas hosted the Carifta ident Algernon Cargill is already place with 736.50 points while outstanding performances and that is not win Carifta. So if we focus on Swimming Championships in 2001 looking ahead and has set lofty Trinidad and Tobago was second the kind of thing we will need mov- the distance events we would have a and again in 2004. Boxing club to ‘Golden girl’ Anthonique host 16th ‘Sonny Boy’ Rahming ready for Penn Relays Silver By Alpheus Finlayson f Special to The Tribune f Gloves a t s e everal medallists in this n By RENALDO DORSETT u b Sports Reporter year’s Carifta Games, i r [email protected] including Austin Sealy T / r Award winner Anthonique o j Strachan,S are expected to hit the track a ONE of the leading boxing M clubs in the Bahamas is get- in the 117th Penn Relays. A number é p i ting ready to stage one of the of our high school teams will also l e compete at the event in Philadelphia F biggest events on its calendar this weekend. and honour one of the sport’s Last year, the Bahamas Associa- legends of yesteryear. tion of Athletic Associations Champion Amateur Box- (BAAA) offered an incentive of trav- ing Club is scheduled to host el, room and board to the teams that the 16th edition of its Welling- won the boys and girls under-20 ton "Sonny Boy" Rahming 4x100m relay and 4x400m relays in Silver Gloves Championships. the Scotiabank National High School The event is expected to Track and Field Championships. This feature more than 50 bouts year, they have continued the incen- on consecutive Saturdays tive. throughout the month of May The teams that won this year are at the Wulff Road Boxing the St Augustine’s College girls in Square. the 4x100m and 4x400m and the Geared towards placing a Moores Island All-Age School boys greater focus on the develop- in the 4x100m and 4x400m. ment of local boxing’s rising This year, some of the funding was stars, fighters will compete for derived from the sponsorship of var- several honours, including ious relays at the Scotiabank Nation- Most Improved Boxer, Most al High School Track and Field Outstanding Boxer, Best Championships. Fight of the Event, and the Additional schools have decided Wellington 'Sonny Boy' Rah- to attend this prestigious relay car- ming Trophy." nival, taking care of their own expens- Participating clubs will es. They are St John’s College, include the CABC, Queen’s College and CI Gibson. Carmichael, Bahamas Youth, These are the schools that the Nassau Stadium, Pinewood, BAAA is aware of as well as the ath- Inagua, Genesis and YMCA. letes and events they are competing There will also be an in: appearance by a guest boxing • Moores Island: 4x100m and team out of the US on May 4x400m Boys - Nicholas Roberts, Per- 21. on Davis, Antion Davis, Elroy "Sonny Boy" Rahming was McBride, Laron Heild and Trevon a very well-known local fight- Greene er during the 'golden years' • St Augustine’s College: 4x100m, of professional boxing. 4x400m Girls - Devynne Charlton, In the ring, he squared off Shaunae Miller, Courtney Thomp- with the likes of Yama son, Anthonique Strachan, Ashley Bahama, Gomeo Brennan Johnson and Rachante Colebrooke and Boston Blackie. Long jump - Danielle Gibson and Following a career in the triple jump - Antonique Butler ring, he turned to training and The girls under-20 4x100m relay mentoring generations of was sponsored by RBC. The girls young boxers on the local under-20 4x400m relay was sponsored scene and helped to hone the by BSI Trust. The boys under-20 skills of some of the country's 4x100m relay was sponsored by RBC. best fighters. And the boys under-20 4x400m relay Ray Minus Jr said Rahming was sponsored by Harry B Sands, was a special case because of Lobosky & Co. the attention and focus he The other teams participating are: gave to underprivileged St John’s College - 4x400m Boys - young men from around the Stephen Newbold, Desmond Major, local community. Duran Ching, and Anthony Adderley He said the event is one of Coaches- Herbert Brown and the events Champion Ama- Tonique Williams-Darling teur Boxing Club hosts to Queen’s College- Girls 4x100m - boost the youth development Katrina Taylor, Printassia Johnson, of boxing in the Bahamas. Monalisa Taylor and Randi Hilton A former fighter and Com- monwealth champion, Minus 400m Hurdles- Katrina Seymour Anthonique Strachan, 18, shows off her two gold medals and Austin Sealy Award that she won at the 40th CI Gibson- High Jump- Ryan DOUBLE GOLD GLORY: Jr started the boxing club in Ingraham. Coach- James Rolle annual Carifta Games in Montego Bay, Jamaica, over the weekend. Nassau in 1993 as a way of High School teams from the giving back to the sport. Caribbean have been attending the Pratt Charlton, Coach- Dianne team consists of Chris Brown, Bonaventure in the 1920s to Today, the club has more Penn Relays for quite a long time. Woodside and Chaperones - Coach- Andrae Williams, Ramon Miller, Demetrius Pinder at Texas A& M than 200 participants and its Understanding the importance of Pastor Anthony Williams and Debbie Michael Mathieu, and Andretti Bain. and Sheniqua Ferguson at Auburn alumni list includes some of exposing our high school athletes to Smith. The coach is Tyrone Burrows. The University last year. the best boxers in the additional competition, the BAAA Bahamas has done well in this event At the High School level, Dudley Bahamas who have gone on has spearheaded this project, which USA vs The World in the past. Moxey from Aquinas won the triple to compete in the Olympic has reaped dividends for the coun- The USA Track and Field Federa- Over the years, numerous Bahami- jump back in 1971. Last year Nejmi and Pan American Games try through scholarships awarded. tion has invited the Bahamas men’s ans have participated in the Penn Burnside from St. Andrews won the and the Caribbean Champi- Team personnel - Manager- Laura 4x400m relay team to participate. The Relays – from Charley Major at St 400m hurdles. onships. PAGE 2E, FRIDAY, APRIL 29, 2011 TRIBUNE SPORTS LOCAL/INTERNATIONAL SPORTS Young tennis aces in clay court tourney IN convincing fashion, Jonathon Thompson thanked RBC for their son def. Erin Strachan 6-0, 0-6, 6-2 Taylor and Christian Cargill won the 25 years of support of the event. and in the boys’ 16, Christian Cargill boys under-18 and U-16 singles titles In the short court girls’ division, def. Treajh Ferguson 6-2, 6-0. respectively in the Royal Bank of Syndai Kerr def. Nova Night 10-7, Erin Strachan def. Danielle Canada Clay Court Tournament at 10-5 and in the boys short court boys Thompson 6-2, 1-6, 6-4 in the girls’ the Gym Tennis Club in Winton Tobi Orabanno def. Burke Rawlin- 18. Jonathan Taylor def. Jamal Meadows over the weekend. son 10-4, 10-0. Hoyte 6-1, 6-2 in the boys’. Taylor, a student of St Anne’s, In the girls’ 10, Sydney Clarke def. Finally, in doubles action, the girls’ defeated Jamal Hoyte of Queen’s T-Shea Ferguson 6-2, 2-6, 10-8. The 14 saw Laron Daxon and Sydney College in the finals 6-1, 6-2, while boys’ 10 saw Denali Nottage def. Clarke def. Sacha and Gabriella Cargill, of St Andrew’s, beat Treajh Jacobi Bain 7-5, 2-6, 10-3. Hussey 8-3. Ferguson of Nassau Christian Acad- In girls’ 12, Iesha Shepherd def. In boys’ 14 doubles, Daniel Wal- emy 6-2, 6-0. Gabriella Donaldson 6-1, 6-2 and lace and Oneal Mortimer def. S Tournament director Stephen the boys’ 12 saw Oneal Mortimer Francis and Michael Wallace 8-7. Thompson was pleased with the def. Daniel Wallace 6-3, 6-2. In the girls’ 18 doubles, Danielle amount of players that took part in In the girls’ 14, Iesha Shepherd Thompson and Erin Strachan def. I the tournament. He was excited def. Dominique Mortier 6-3, 6-1. Shepherd and D Donaldson 8-0 and about the introduction of the short Michael Wallace def. Shannon Fran- Philip Major and Kevaughn Fergu- court competition for the youngest CHRISTIAN CARGILL (file photo) won the boys U-16 singles title in the Royal Bank cis 6-4, 2-6, 6-3 in the boys’ 14. son def. H Russell & Julio Valdez 8- competitors. of Canada Clay Court Tournament over the weekend. In the girls’ 16, Danielle Thomp- 2 in the boys’. SERENA WILLIAMS hits a ball during the 10th anniversary celebration of the Southeast Tennis and Learning Center. (AP Photos) Serena and Venus mum on when they’ll return By HOWARD FENDRICH for us, it brings us full circle, growing up AP Tennis Writer in Compton, Calif. And coming back to here is similar, because we see young WASHINGTON (AP) — Serena people who really are us," Venus said. Williams sprinted along the baseline to "It's a great opportunity for us to just smack a cross-court backhand winner, really stay grounded and continue to do then pumped a fist — a familiar pose. what's important, which is to give back." And then she smiled. She didn't dare Standing nearby as Serena ran kids glare in the direction of her teenage through drills, Barry said: "It just shows, opponents Thursday, students at the first of all, that Venus and Serena get Southeast Tennis and Learning Center. who these kids are, as it relates to their Yes, Williams did seem rather pleased beginnings and where they came from. to be on a tennis court, swinging her And the kids know that — they get the racket after months of various physical connection. The kids are pleased by it problems kept her away from her sport. and inspired by it." On an adjacent court, her older sister Price recalled accompanying her sis- Venus had a racket in hand, too, offering ters — both under 10 years old at the coaching tips and playing points against time — on a trip to a California country kids aged 7 to 17 during a 45-minute clin- club for a clinic run by Hall of Fame ten- ic to help celebrate the center's 10th nis player Billie Jean King. anniversary. "That was their example of how they What neither Williams was willing to could also help and effect kids, so any do Thursday is tell the world when they time they have an opportunity to do a will return to the tour. They both were clinic — it's one thing to hit with spon- ranked No. 1, own a combined 20 Grand sors, and people who raise money. ... Slam singles titles — 13 for Serena, sev- You have to do the business side of it," en for Venus — and are among the most Price said. "But this is what they're pas- dynamic and attention-grabbing players sionate about." in tennis history. Wearing stretch pants with a green- But Venus hasn't played since January and-white tie-dyed effect, and a warmup because of a hip injury; Serena has been jacket with the same color scheme, Ser- out since July after two foot operations, ena played more real points than her sis- then blood clots in her lung. ter did Thursday, stretching for volleys "I'm feeling better. Just starting train- and racing forward and back. ing. I'm a little later than I suspected VENUS WILLIAMS takes part in the 10th Venus, dressed all in black, spent more and hoped," said Serena, who resumed anniversary celebration of Southeast Tennis time passing along pointers, talking 1- practicing a little more than two weeks on-1 with students and giving advice. ago. "But it's going steady. Slow and and Learning Center in Washington. "She's not a yelling teacher," said 12- steady, I think, always works out when year-old Kayla Williams, who lives with- it's a race." week." in walking distance of the center. "She's, Her last competitive match came when Both sisters moved around the court like, a quiet teacher and ... she actually she won her fourth Wimbledon title last without any visible hitches Thursday. shows you, instead of yelling at you and summer; she's missed the last two major Their connection to the center dates to telling you." championships. before the $5.1 million facility was built, And as excited as she was about the The next Grand Slam tournament is when former D.C. first lady Cora Masters chance to share a court with Venus, Kay- the French Open, which starts May 22. Barry, the center's CEO, spoke to the la did register one, tiny complaint: "I "It's a great event, and we definitely Williams' mother about plans for the actually thought we were going to play a want to be there," Venus said. "We just center. Their older sister, Isha Price, is a match." take it week by week, evaluating, and member of the center's board. She'll have to wait, along with every- the good part is we both get better every "The center is so important, because one else, for Venus' next match. TRIBUNE SPORTS FRIDAY, APRIL 29, 2011, PAGE 3E LOCAL SPORTS sports Despite wind and rain, Exuma inbrief SOFTBALL regatta swings into high gear BANKERS LEAGUE RESULTS By BRENT STUBBS THE Bankers Softball Senior Sports Reporter League continued its reg- [email protected] Unofficial Class B results: New Susan Chase wins ular season action at the Baillou Hills Sporting DESPITE the inclement weather, Complex on Wednesday. the 58th National Family Island Class C race. the Ocean races. skippered by Lauren Knowles, was Fidelity Bank defeated Regatta swung into high gear in pic- Interviewed at the time when the In the Class C Commodore Emeri- third and the Lady Nathalie, skippered CMC (a combination of turesque Elizabeth Harbour in Class A boats were competing, Clyde tus Cup race, the Lady Eunice, skip- by Buzzy Rolle, was fourth. banks) 10-7 as Rory New- Georgetown, Exuma, yesterday. Rolle, one of the organisers, said the pered by Mark Knowles, emerged as And in the Class A for the Prime bold got the win on the Unofficial results from the Class B, races are all very competitive, but they the winner. The Sweet Island Gal, Minister’s Cup, the Redstripe, skip- mound over Adrian Smith. the first to be completed, saw the New had quite a bit of a challenge with the skippered by Marty Bullard, was sec- pered by Lundy Robinson, took the Alex Rolle went 2-for-3 Susan Chase, skippered by Lauren rain and the wind. ond. cannon. Earlie’s Rupert’s Legend, with a home run, driving Knowles of Mangrove Bush, Long “In some cases, we had gusts up to The Whitty K, skippered by skippered by David Knowles, came in four runs in the win. Island, take the cannon for the initial 30-35 miles per hour, but we got those Stephen Knowles, came in third. in second, while the Tida Wave, skip- Arthur Hamilton was 1- victory. She was followed by the Lady races in this morning,” Rolle stated. Fourth went to the Termites, skip- pered by Brooks Miller, was third. for-3 with a homer and Sonia, skippered by Buzzy Rolle of “Every race this morning, we had rain, pered by Nioshe Rolle. The New Courageous, skippered by three RBI in the loss. Exuma. Eleazor ‘The Sailing Barber’ except this one. We haven’t had any In the Class B Governor General’s Emmet Munroe, finished fourth. Action is slated to con- Johnson’s Lady Nathalee, skippered rain, but the winds are blowing 18-80 Cup, the Lady Sonia, skippered by The regatta, being held in honour of tinue Saturday with the by Marty Bullard, claimed third place. right now.” Buzzy Rolle, claimed the victory. Ants legendary skipper King Eric Gibson, is following games on tap: It Ain’t Right, skippered by Don As the regatta got underway Nest, skippered by Lee Armbrister, all set to continue today and wrap up 10:30am – FCIB vs RBC, Knowles of Long Island, won the first Wednesday, the boats competed in got second, the New Susan Chase, on Saturday. Noon – BOB vs Fidelity, 1:30pm – BAF vs CITI. BASEBALL FORD CAMP UNDERWAY THE Mario Ford Base- ‘A vision of peace for Nassau ball Programme is sched- uled to begin 9am Satur- day and continue to 11am at Windsor Park. The pro- gramme is open to boys Village’ in basketball tourney and girls between the ages of four and 15 years old. To register your child, IT ALL started with a was named the most valuable contact Mario Ford at 556- vision of peace for Nassau player, and finished with 30 0993. Village and with the theme points. "Decrease the Violence & Dino Flowers added 18 and BASEBALL Let's Increase The Peace with Romano King 10 to defeat COLLEGE King Emmanuel, The Prince the Nassau Village Saints 92 - PLAYERS of Peace." 82 and be crowned champi- IN ACTION It is with this banner that ons of the five- on-five tour- A number of Bahamian the Church of Christ High- nament. college players were in bury Park spent the Easter Both Jerome Neely and action this week for their holiday on Nassau Village Trevon Miller combined for respective colleges and park in four days of minister- 27 points for the Saints. universities. Below is a ing through basketball. Winning the junior division capsule of their perfor- With six senior teams and free throw contest was Cross- mances: five junior teams all ready to ley Wilmore of Nassau Vil- DIVISION I go, opening ceremonies were lage Stars and runners-up was • Ali Knowles - center held on Thursday evening and Sylvisky Forbes of D'Stanford fielder - went 1-for-4 as five of the many pillars of the New Breeds. No.22 ranked Troy Uni- Nassau Village community The three-point shootout versity (Sun Belt) lost to were honoured. was won by Javon Miller of University Alabama-Birm- Among the honourees were Nassau Village Saints, second ingham in Conference Rudolph McCartney Moss, by Antereu Davis of D'Stan- USA play 4-3 Ethel Woodside Brown, Lil- ford New Breed. • Desmond Russell - lian Fox, Alvilda Gertrude Crowned slam dunk cham- third baseman - went 0- Nottage Cox and Gabriel Fer- pion was Rashad Woodside for-3 and pitched one guson. of the D'Stanford New inning, giving up one hit After it was all said and Breeds. with 2K and 1BB as Jack- done, it came down to the In a brief interview, coach son State lost to Tulane battle of the champions on Davis thanked his players and University 9-1 Easter Monday. the parents for allowing their • Stephen Curtis - sec- After going undefeated in children to participate in this ond base - went 0-for-3 as the junior division, the D'S- classic and thanked the peo- Jackson State lost to tanford New Breed proved to ple of Nassau Village for their Tulane University 9-1 be no match for the "Sunlight efforts to bring unity to their • Etienne Farquharson Village Stars" who wasted no community. went 0-for-2 with a RBI as time jumping out to a 21-6 Said spokesman for the North Carolina Central lead by the end of first quar- board Theophilus Weir: “I lost Davidson University ter, never to look back. would like to thank our God 11-2 Mark Campbell, Wilben for granting us four beautiful DIVISION II Scrathin and Johnley Noel days of sun and fair weather • Chris Fox - center field combined or 43 points as they and for His Spirit of Peace - went 0-for-3 as Florida defeated the new Breeds 67- that was at each session. I fur- Tech lost to Tampa Uni- 23. ther appreciated the fact that versity 11-1 The MVP was Mark Camp- a positive partnership bell for the Sunlight Village between the church, commu- CARIFTA Stars. Young Dominic Rolle, nity and invited guests has CORRECTION Sylvisky Forbes and Douglas begun and all the hard work IT was incorrectly stated Armbrister combined for 17 paid of," he said. that James Audley Carey points for the New Breeds. "I would welcome more ran the first leg of the vic- Also undefeated in tourna- press coverage at such events torious under-20 boys 4 x ment play was the D’Stanford Highbury Park spent Easter on Nassau Village park in four days of ministering through as it should be highlighted 400m relay team at the New Breed men's team. CHURCH OF CHRIST when our youths participate basketball. 40th Lime Carifta Games This match up was against in positive programmes. Spe- in Montego Bay, Jamaica. the Nassau Village Saints. cial thanks to Mr Randy Cun- It was actually Andre From the start it was a shoot- going to give a repeat perfor- by the end of the quarter. scored 29 points before foul- ningham, his referee team, all Wells. The Tribune apolo- out and, midway into the first mance of the juniors. With both teams in foul ing out late in the fourth. the teams, coaches and par- gises to both competitors quarter, it appeared as if the But they managed to close trouble, Kenneth Pratt took Patrick Brice, with a sense ents that attended our church for the mistake. D'Stanford men’s team was a 15-point deficit within four his team on his back and of urgency, showed why he service."