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FRIDAY, MARCH 4, 2022

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Hotelier urges ‘shelving’ of all COVID restrictions

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net A TOP hotelier yesterday said he is “praying daily” for the US health authorities to upgrade The Bahamas’ COVID ranking amid calls from some in the industry to “shelve” all pandemic restrictions,.

Robert Sands, the Bahamas Hotel and Tourism Association’s (BHTA) president, told Tribune Business that the Government’s plan to remove in-destination testing for tourists five days after their arrival was “critical to recapturing market share as a leading tourism destination”.

The change, which will occur when the latest COVID health rules are published in the Government gazette, comes at a “key juncture” in the tourism industry’s postCOVID recovery. The BHTA president said it was vital that The Bahamas ensures no

and Ocean View properties on Harbour Island and Eleuthera, told Tribune Business: “I think everybody is just ready to let it all go. I think it’s [removing the five-day test] definitely less expensive for guests. I think it’s all positive. We’re all ready to see the back of COVID-19.

“There’s no complaints.

People are willing to do what they need to do to get here. I think it’s just time. I think at this point I would definitely advocate we shelve all the

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

ROBERT SANDS COVID restrictions. I think it’s time. I’m well aware that even on a good day the Bahamian healthcare system has its fragility, but there’s cause for optimism. I don’t know what the statistics are, but we’re in a good place.”

The Government is retaining the policy requiring all visitors to produce a negative

SEE PAGE SIX

BTC HQ’s sale likely to complete in 2022

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE Bahamas Telecommunications Company’s (BTC) long-time JFK Drive headquarters will likely be sold this year, it was revealed yesterday, as the carrier seeks to enter the data centre market.

Andre Foster, BTC’s chief executive, told Tribune Business that the disposal of its former head office was “progressing” with several parties - who he declined to identify - having expressed an interest in acquiring it.

“The JFK Drive building has a lot of persons who are interested in taking over or purchasing that facility,” he confirmed. “We have that, as

well as some other properties, that are up for sale. We are progressing in the disposal of the JFK building, have a couple of parties looking at it, and probably some time this year that asset will be dropped from our books.”

Besides the former BTC headquarters building, regarded as an iconic property by many Bahamians, Mr Foster said the carrier

is also seeking to sell what he referred to as “the directors’ house” in Fox Hill and a warehouse that is also located on JFK Drive directly opposite the head office.

“We’ve had some unsolicited offers on it,” he added of the warehouse. “We’ve formalised that process, and that is on the block to be sold also.

SEE PAGE FOUR

Crypto exchange to build ‘7-storey’ hotel

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE world’s second largest cryptocurrency exchange has included a 38-room, seven storey hotel in the plans for its proposed $50-$60m western New Providence headquarters.

FTX Property Holdings, the real estate holding company for FTX Digital Markets, has submitted plans for the development of a near five acre site at Bayside Executive Park that will be discussed and reviewed at a virtual meeting hosted by the Department of Physical Planning this coming Wednesday.

Executives with the cryptocurrency exchange could not be reached for comment before press time last night, but details of its construction/real estate plans - published in yesterday’s newspaper - reveal it intends to construct three separate buildings.

These include a “sevenstorey hotel with 38 rooms, retail, roof-top lounge spaces, staff day care, a gym and cafes”. Also in the mix is a “seven-storey office tower” featuring a cafe, lecture halls, meeting rooms, co-working and athletic spaces.

The final of the three FTX properties is a four-storey

SEE PAGE FOUR

Entrepreneurship Centre to boost digital transition

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net GRAND Bahama’s Centre for Entrepreneurship and Innovation will benefit thousands of Bahamians by equipping them with the skills to exploit the fast-evolving digital economy.

The Inter-American Development Bank (IDB), in a paper detailing its partnership with the University of The Bahamas (UoB) on the centre’s creation, said the initiative was targeted at the mismatch between workforce skills and the needs of a technologydriven economy whose

development has been accelerated by the COVID19 pandemic.

“The COVID-19 pandemic has revealed the severity and complexity of the country’s economic weaknesses and problems, and has created the largest negative impact in The Bahamas among IDB Caribbean member countries,” the multilateral lender said in a paper obtained by Tribune Business.

“Prior to the pandemic, and even before the devastation of Hurricane Dorian, Bahamian businesses across the country faced challenges such as

SEE PAGE SEVEN

BTC to be ‘shining jewel’ among CWC • CEO aims to ‘accelerate’ growth rate every year • Aims to ‘open the throttle’ on network experience • New Providence, GB on full fibre by end-2023

• Briland proprietor: ‘I’m all for closing this chapter’ • CDC upgrade is BHTA president’s ‘daily prayer’ • SuperClubs says 5-day test was too ‘onerous’ rival destination gains a competitive advantage through having more relaxed entry and testing protocols.

However, some in the industry argued that “it’s time” to remove all COVIDrelated impediments to visiting The Bahamas after new infections numbered just two on Tuesday this week.

Only 16 persons remain in hospital with the virus, one of whom is in intensive care.

Benjamin Simmons, proprietor of The Other Side

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THE Bahamas Telecommunications Company’s (BTC) chief executive yesterday unveiled ambitions to become “the shining jewel” for its immediate parent by “accelerating” growth every year.

Andre Foster ANDRE FOSTER told Tribune Business that the Bahamian carrier, which is 49 percent owned and controlled by Cable & Wireless Communications (CWC), had in 2021 exceeded the 2 percent annual growth target he set when assuming the chief executive’s role one year ago.

BTC’s revenues for the 2021 full-year rose by 4.9 percent compared to COVID-ravaged 2020, rising to $189.9m as opposed to $181.1m, and the company is now targeting greater year-over-year increases on an annual basis to ensure it can generate the necessary return for both network investment and its shareholders CWC and the Government.

Noting that the number of homes passed

by BTC’s fibre-to-the-home (FTTH) technology has almost doubled since he joined the carrier in 2017, Mr Foster pledged that it will “continue to open the throttle” on superior broadband Internet speeds and connectivity for households and businesses.

Viewing this infrastructure, and the improved customer experience it promises, as critical to winning subscribers and market

SEE PAGE FIVE

PAGE 2, Friday, March 4, 2022

REDUCING TOURISM’S ECONOMIC LEAKAGES E

CONOMIC leakage is a major problem in the tourism industry. Destinations develop and grow their tourism industries with high hopes of making a significant income from the various activities it produces. However, for many destinations, this is simply not the case.

In the case of The Bahamas, while over $2bn is generated through touristic activities, more than $5bn is spent on imported goods. Imagine that... over 90 percent of what we consume and enjoy is grown, made and manufactured in another country. The hardest part of this pill to swallow is the fact that many

of the imported goods could easily, or with some effort over time, be produced locally.

Economic leakage is the act of money leaving the host country and ending up elsewhere. Economic leakage can occur either from imported goods; foreign employment; foreign ownership; and currency conversion. Think about all of these for a minute. We know we have import issues, but compound that with our fixation on travel to the US, the large number of foreign investors owning the biggest businesses in The Bahamas, and the large percentage of senior executives who remain foreign born.

IAN FERGUSON

Most destinations choose to develop and grow their tourism industries with the aim of making money.

Unfortunately, the income that destinations receive from their tourism industry is often not as high as they would like it to be. In severe cases, the destination receives only a small fraction of the income generated by tourism.

If you want to be a more sustainable industry, give some thought to where your money goes. While you will never truly know where every penny that you spend ends up, there are things that you can do to help to avoid economic leakage.

As you can see, economic leakage is not a good

thing to the destinations that host tourism. Here are some simple ways that visitors help to improve our condition: * Book holiday travel through a local tour operator * Use independent, locally-owned accommodations and avoid foreign-based all-Inclusives * Use local transport options, such as taking a taxi instead of booking a transfer before you leave home * Buy from local shops * Buy local produce * Purchase fewer imported goods and focus on locally-manufactured products

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* Embrace the local culture and enjoy these experiences * Travel off-season, encouraging year-round jobs for locals • NB: Ian R Ferguson is a talent management and organisational development consultant, having completed graduate studies with regional and international universities. He has served organsations, both locally and globally, providing relevant solutions to their business growth and development issues. He may be contacted at tcconsultants@ coralwave.com.

GBPA relaunching promotion initiative THE Grand Bahama Port Authority (GBPA) yesterday relaunched an initiative designed to boost promotion of the island as an investment destination.

The quasi-governmental authority, in a statement, said the GB Ambassadors Programme will empower Bahamian embassies and consulate general offices to help market Grand Bahama and Freeport to potential investors worldwide.

“The GB Ambassadors programme was created to

inform, educate and equip Bahamians domiciled in foreign countries with the tools necessary to better promote and sell Freeport, the free trade zone of The Bahamas,” said Derek Newbold, the GBPA’s chief investment officer.

“The growth and stability of our economy is critical to our future, and getting the word out globally to industrial and technology-based businesses about all we have to offer is key to our success.”

CONSUL general Curt Hollingsworth, consul Chala Cartwright and officers and staff of the Bahamas’ Miami-based Consulate General.

Initially introduced in 2018, the initiative was temporarily shelved due to the large-scale destruction inflicted

by Hurricane Dorian. This enabled resources to be focused on recovering from the storm.

The relaunched programme’s interactive workshop was hosted in Miami on February 23, 2022, providing officials at the Bahamas Consulate General in that city with knowledge and materials to enable them to champion Freeport’s offerings.

“This week’s workshop focused on the history of Freeport, the benefits and unique advantages of its Special Economic Zone designation, investment

opportunities and outlook for the city of Freeport,” said Mr Newbold, who led the training session.

“The programme is another clear demonstration of effective collaborative efforts by both GBPA and the Government to expand Freeport’s promotional reach and build awareness of our island as a viable and attractive place to do business.”

Curt Hollingsworth, The Bahamas’ consul general, said: “During the workshop, Mr Newbold highlighted investment opportunities in the city of Freeport both for foreign direct investment and local investors.

“He also spoke about the GBPA’s one-stop shop

and business concierge services. His lecture was both informative and timely, and it will allow the staff to provide potential investors with current and accurate information. We anticipate that there will be renewed interest in the city of Freeport resulting from this initiative, and we are looking forward to future collaborations like this one.”

Programme participants will receive certifications after successful completion of the GBPA’s course, offered free of charge, on the UDEMY online training platform, Creation of the City.

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Friday, March 4, 2022, PAGE 3

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Don’t ‘knee jerk’ on BPL’s fuel hedging

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net BAHAMIAN businesses yesterday warned the Government to avoid any knee-jerk reactions that could endanger Bahamas Power & Light’s (BPL) fuel hedging strategy.

Christian Knowles, Aquapure’s chief of operations, told Tribune Business: “There hasn’t been a dramatic increase in prices on Russian oil yet, and whether or not that is an eventuality remains to be seen, but at the same time if we’re going to have financial hardships in the world, I would express caution and not have a knee-jerk reaction to what’s going on.

“That’s not to say that I don’t think we’ll be affected by what’s happening, because we’ve seen that already with the global pandemic and everything else. I urge caution and just paying attention to what’s going on.”

Given that Russia is one of the world’s top three oil producers, Mr Knowles added: “I just think we need to use caution and keep our ear to the ground with what’s going on now, rather than trying to hedge against something they think may be happening.”

BPL earlier this week announced that the fuel charge component of electricity bills, which typically accounts for between 50-60 percent of the total monthly sum charged to consumers, will increase by 30 percent or 3.2 cents per kilowatt hour to 13.2 cents.

However, the release was subsequently retracted two

hours later. Alfred Sears, minister of works and utilities, said the announcement was “premature” because the Cabinet had not approved any increase in the fuel charge. However, this effectively marks the first time the Government has inserted itself into BPL’s fuel charge and made it a policy issue.

Mr Knowles added: “I think it was a draft internal memo that leaked out.

That doesn’t necessarily mean that they’re going to do it. Obviously it came up before they were ready to do anything.

“With things like that, when you’re trying to be pre-emptive, sometimes big organisations will look at different possibilities and drop certain things to combat that so they don’t lose time in the planning stages.

“The fact that they retracted it means that they did not plan on doing something like that right away, which I think is good. Everybody is still reeling from our double dose of pandemic and Dorian. Abaco is still far from where it should be even at this moment in time as far as I’m concerned.”

Brent Burrows, CBS Bahamas (Commonwealth Building Supplies) principal, added: “I think removing the fuel hedge would be devastating. But I just think they are reviewing it and have not made a decision to do away with it just yet.

“If they do then we will see a significant increase in electricity prices. It’s going to be a real tough pill to swallow, and it’s going

Shipping costs under pressure in fuel hike

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net SOARING shipping costs are set to come under further pressure from rising global oil prices, it was confirmed yesterday, potentially worsening inflation’s impact for Bahamian consumers.

A shipping executive, speaking to Tribune Business on condition of anonymity, said freight rates are split into two components much like a Bahamas Power & Light Bill (BPL) with a basic rate and then a fuel surcharge.

Confirming that the latter is adjusted every month according to global oil/fuel prices, they said: “There is the shipping rate and then there is the fuel surcharge, just like your BPL bill.

There is a fuel surcharge that’s added purely for fuel as it drops. We make the adjustment and, as it increases, then we increase our rates.”

The base rate, though, does not fluctuate but remains stable. The executive added: “Now the overall cost of everything is increasing since COVID19, and that is what has

caused the rate increase at the end of last year.

“Everything has gone up as a matter of fact. A container that you could have gotten from China, or from the Far East, for $2,000 is now worth $25,000 in September. That tells you how expensive shipping on the whole has become.”

While Russia’s conflict with Ukraine is a major factor, the executive added that the Biden administration’s energy policies have been a greater factor over the past 12 months. They said: “With the fuel surcharge it is adjusted monthly, so the customer gets the benefit of reduced prices as the prices are going down.

“During the entire Trump administration prices were going lower every single month, and so the rates were decreasing every month and the fuel surcharge rates was decreasing with it. Now we’re experiencing the opposite with the Biden regime for whatever reason, and so as the fuel prices are climbing, so is the fuel surcharge climbing.”

To mitigate the impact of rising fuel costs, Bahamian businesses can order in bulk or partner with other firms to share a container, which is the general practice now for many.

to drive inflation up even higher.”

Mr Burrows added: “We’re getting hit now with fuel surcharges from our shipping companies. In our contract division, we’re getting hit with fuel surcharges from our glass suppliers.

“All of the industries that are very heavy on energy consumption, like glass and glass supplies and their foundries and stuff like that, they are getting hit with fuel surcharges for the first time for quite a while.

“I can’t understand the thinking around dropping the fuel hedge for BPL. I mean, if you can get oil at a stable and guaranteed price for a year, then why wouldn’t we want that?”

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PAGE 4, Friday, March 4, 2022

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BTC HQ’S SALE LIKELY TO COMPLETE IN 2022

FROM PAGE ONE These are the three we are focused on right now.”

BTC is thus selling-off real estate assets for which it no longer has any need, especially since full-time staffing levels have been slashed sharply since the 2011 privatisation. The accelerated trend to remote or home working as a result of COVID-19 is also likely to have prompted an assessment of the carrier’s property portfolio.

Meanwhile, Mr Foster said BTC was focused on getting its new Perpall Tract head office ready for when staff return to office by the end of March. Confirming that he was speaking from the new facility, he added: “We’re moving very nicely in getting the new Perpall Tract facility ready.... We expect we will officially open Perpall Tract to staff at the end of March.”

BTC employees will be engaged in “hybrid working opportunities”, splitting their time between the office and home, and Mr Foster added: “We’re really going to try and promote BTC to be one of the greatest places to work in The Bahamas.”

He also revealed BTC’s desire to establish a data centre and go head-to-head with its main rival, BISXlisted Cable Bahamas, in the only segment where the two do not currently complete. Mr Foster said BTC’s entry costs would be relatively low as much of the infrastructure and facilities required are already in place.

“We do have some aspirations,” he told Tribune Business. “There is, let’s call it, a pillar of our competitor’s business we don’t dabble in. That’s the data centre business. We have

BAHAMAS TELECOMMUNICATIONS COMPANY HQ some interest in doing that, and have superior connectivity to provide for those looking for a data centre. I think you’ll see some things happening there.”

Data protection, security, back-up and disaster recovery are becoming ever-more important in a digitaldriven economy, and Mr Foster said: “I’ve got a head start from an infrastructure perspective with our Poinciana facility. It’s one of the

most hardened facilities in the country. I have rooms available for date centre services. It’s just a matter of developing a solution for those customers.”

As for the roll-out of 5G (fifth generation) mobile technology, Mr Foster said there could be “limited deployment” and testing occurring as early as this year. “We are doing a lot of work in preparation for 5G,” he added. “Our

aspiration is that we’ll do some limited deployment as early as this year.

“There’s some work that the Government and URCA (the Utilities Regulation and Competition Authority) have to do around the deployment of spectrum and everybody is waiting for the framework to be finalised.

“From a technical perspective we’re pretty much ready to go, and eager to provide deployment in areas where we see the most benefit, such as the cruise port where people can taker advantage of 5G.” BTC was able to reverse the post-liberalisation decline in its mobile subscriber numbers by adding a total of 1,300 new customers in the 2021 fourth quarter.

Some 900 new pre-paid, and 400 post-paid, subscribers were added during

the three months to endDecember 2021, according to figures published by LiLAC. BTC closed the year with some 176,400 mobile customers, divided into 143,100 pre-paid subscribers and 33,300 of the post-paid variety.

Yet, while the mobile front provided better news, BTC also lost some 2,900 “revenue generating units” or customers in other areas of its business over the same three months. Internet and TV subscribers declined by 1,200 and 100, respectively, during the 2021 fourth quarter, while fixed-line phone subscribers also fell by some 1,600.

This dropped BTC’s total non-mobile customer base to some 72,400 subscribers at year-end 2021. This was made up of 33,000 fixed-line phone clients, some 30,000 Internet subscribers and 9,400 TV customers.

CRYPTO EXCHANGE TO BUILD ‘7-STOREY’ HOTEL FROM PAGE ONE

“commercial building” with cafes, retail lounge spaces, auditorium, conference and meeting spaces, and offices, classrooms and a library/computer rooms.

The site will also have room for 1,010 vehicle parking spaces, in line with FTX’s plans to create 1,000 jobs.

“The applicant is seeking planning approval to develop a 4.95 acre parcel of land on the southern side of West Bay Street, approximately 3,500 feet west of Blake Road,” the Department of Physical Planning said. “The applicant proposes to develop the site for FTX’s office headquarters, a boutique hotel and

a building for various commercial uses.”

Allyson Maynard-Gibson, the former attorney general and Cabinet minister, has previously been identified as FTX’s attorney.

The planning application identifies Clement T. Maynard & Company as the cryptocurrency exchange’s attorneys.

Sam Bankman-Fried, founder and chief executive of FTX Capital Markets, previously said The Bahamas’ move to establish the “world’s first comprehensive” regulatory regime for crypto currency and digital assets had encouraged the

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exchange to relocate to this nation from Hong Kong.

He added that the ability of Bahamian regulators and the Government to work with FTX and other businesses in keeping the cryptocurrency space “compliant and regulated”, while at the same time being welcoming to business, was critical.

Mr Bankman-Fried said: “It’s incumbent upon us and the other big players in the business, as well as the regulators, to make sure that the space remains safe for all of the users.

“We have a ton of tools that we use for that, including AML/KYC (anti-money laundering/Know Your Customer) checks, market manipulation checks and screenings, and we have a ton that we’re rolling out every day. It’s absolutely crucial for the space to be able to grow in a safe way.

“There are a ton of really exciting things that we have planned over the next years to help grow sustainable

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and efficient markets, and to help give access to the financial system to those who haven’t had it before.”

FTX has also made multiple donations to charities and good causes since its arrival in The Bahamas as it seeks to embed itself in the community.

Christina Rolle, the Securities Commission’s executive director, previously told Tribune Business that its legislative DARE has received “a huge vote of confidence” through attracting FTX to The Bahamas.

She added that its decision to establish a subsidiary with physical presence in this nation signalled that The Bahamas “went in the right direction” by passing the Digital Assets and Registered Exchanges (DARE) Act to fully regulate this fast-evolving and moving sector.

Pledging that the capital markets regulator is “keeping on top” of global developments relating to

crypto currency and virtual assets, she added that more DARE-related applications for licences and registration are “in the pipeline” although their number and identities were not disclosed.

And Ms Rolle also revealed the Securities Commission is working on anti-money laundering/ counter-terror financing/ proliferation financing rules for the virtual asset space, as well as policies “addressing certain operational matters” in addition to when a virtual asset - or token - crosses over to become a physical security.

She explained that the Securities Commission was opting for rules, rather than regulations, as the latter were “too prescriptive” and could stunt growth and innovation in the digital niche where The Bahamas has a chance to become a market leader and regain some of the ground it has lost in financial services over the past 20 years.

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BTC TO BE ‘SHINING JEWEL’ AMONG CWC FROM PAGE ONE

share back from BISXlisted Cable Bahamas, he added that another 6,000 homes had been “released” to the FTTH network with BTC targeting the Coral Harbour/Coral Heights area for more customers as recently as Tuesday.

With 60,000 homes already passed by BTC’s new network architecture, Mr Foster said it had ambitions to grow this number to 70,000 in 2022 before getting both New Providence and Grand Bahama “fully” on fibre-to-the-home by year-end 2023.

He disclosed that his ambitions for BTC were aligned with those of Balan Nair, chief executive of Liberty Latin America (LiLAC), CWC’s owner and BTC’s ultimate parent, who was in The Bahamas on Tuesday and accompanied Mr Foster and his team on their push into Coral Harbour.

Disclosing that Mr Nair “wants to see The Bahamas as the shining jewel within CWC”, the BTC chief told

Tribune Business: “It’s our job to fulfill that vision because that’s what we want to be: The shining jewel of CWC. “Every year you’re going to see steps towards that happening, and every year you’re going to see accelerated steps towards that happening. I think that in a short time it will all tell very positively.”

BTC may have some distance to travel to achieve such status among CWC’s businesses, which cover 14 countries in Central America and the Caribbean, including territories such as Jamaica, Barbados and Panama. It is now some 11 years since CWC acquired its BTC interest via privatisation, and many feel all the promised benefits still have to be delivered.

Such status would also represent a reversal from the controversy that erupted during the Minnis administration’s time in office, when Mr Nair apologised after he was recorded suggesting that BTC suffered from the lowest productivity levels of

all CWC operations during a meeting with staff in Jamaica.

However, Mr Foster said yesterday: “I’m always looking in the mirror to see how we can do better, and I’m really proud of the progress made last year coming to the tail end of COVID-19. We did a lot of great things to help and support our people, and tried to grow the business at the same time.

“There was favourable growth from 2020 to 2021, so I’m very proud of that.

I always said that if I could just grow this business by 2 percent every year we would really start to head in the right direction. I’m really pleased that we exceeded that percentage in 2021, and will keep the ambition to grow that percentage year-over-year.”

Achieving that goal, Mr Foster said, will enable BTC to “invest in our people, invest in our network and return dividends to our shareholders, one of which is the Government of The Bahamas”. However,

2021 comparatives were up against a relatively low bar after BTC’s revenues - in common with most businesses - suffered a significant COVID-related blow.

Tribune Business reported over a week ago that BTC’s full-year 2021 revenues were still $17.4m, or 8.4 percent, below the $207.3m it achieved in the last pre-pandemic year of 2019, which was itself impacted by the economic fall-out from Hurricane Dorian.

Mr Foster, though, voiced optimism that BTC was on track to return to pre-COVD top-line performance. “I think our return to pre-COVID revenues is not too far off,” he said. “I think, from the perspective of what many businesses have experienced, it is the Dorian effect, it is the COVID effect, and we are now going to experience the inflation effect.

“I think our ability to get beyond it is not too far off and, quite frankly, we are doing all the right things

Friday, March 4, 2022, PAGE 5 in this business to develop a strong foundation for the business in the future.

Fibre-to-the-home, new technological solutions.. you’re going to see some innovative things coming from us, not just around [connectivity] speed but new technology coming to market.”

Mr Foster declined to be drawn on the details, but asserted that BTC is poised to reclaim market share via its improved customer experience and broadband/ mobile convergence. The latter, he added, will allow the carrier “to provide superior value” by bundling products, such as Internet and cellular, in customerfriendly packages with discounted prices.

Boasting that BTC “has bragging rights on value proposition”, Mr Foster added: “We see an opportunity to grow this business, and I do think as we grow it back and bring back market share, those dividends will grow healthier year-overyear as we produce positive growth. Our growth is going to be fuelled by a few things.

“One is expanding the fibre-to-the-home footprint, and we’re going to be spending a lot of time making

sure Bahamians have access to the best experience. That is going to be fuelled by superior speeds. We’ll continue to push the envelope with speeds that are faster than the competition. We’re going to continue to open the throttle on that network and see the value we bring to it.”

Speaking to BTC’s ultimate network infrastructure goal, Mr Foster said: “I’ve been with the company since 2017 and there was already an existing footprint for fibre-to-the-home.

Since I’ve been at BTC we have doubled that footprint, quite frankly. Wen had 32,000 passed when I joined, and now we’re at 60,000, and we’re going to multiply that impact over the next 18 months.

“This year, we have ambitions to get to roughly 70,000. We’re getting pretty close. If you take the last census, the total number of households was around 120,000, so we’re close to 60 percent. Our ambition is to get New Providence and Grand Bahama fully fibreto-the-home by the end of 2023, and a bit more as we go forward. Today we’re already at 60,000 and continue to build.”

PAGE 6, Friday, March 4, 2022

HOTELIER URGES ‘SHELVING’ OF ALL COVID RESTRICTIONS FROM PAGE ONE

COVID test taken within 72 hours of travelling to The Bahamas, and has yet to adjust the face mask mandate despite calls from the resort industry to relax this for guests on their property and using their amenities on the basis that 90 percentplus are fully vaccinated.

Mr Simmons, who backed relaxing the mask mandate at small Family Island restaurants, many of which are “small diners” or open air, said it was “very important” that The Bahamas’ remaining COVID protocols appear too onerous and deter persons from travelling, thus placing this nation at a competitive disadvantage.

“I think there’s definitely going to be a segment of the market or society looking for problems, but I think that’s a dwindling niche market,” he added. “The vast majority of people are vaccinated, boosted or have already had COVID-19 and feel confident they don’t need to worry as much.

“That’s the growing market segment as opposed to people who are concerned and want to feel safe going to a destination... I’m all for closing this chapter.

We’ve got enough to worry about with Ukraine and rising gas prices.

“That seems to be more the concern; the cost of flying and aviation fuel, and the impact on tickets coming in the next year.

That will be more of a disaster. Fingers crossed that we are not going from one disaster to another.”

Comparing The Bahamas’ existing COVID protocols to rival destinations, Mr Simmons added: “We’re definitely behind right now. Most people got rid of their outdoor mask policy from a year ago. I think our mask policy is way behind. On testing, I think we’re in step with the rest of the world on that.”

As for the performance of his resorts as they approach the peak winter season, he said: “Great. I looked at the board and it said we’re at 104 percent occupancy.

I was like: ‘How can we get 104 percent? We’re 100 percent basically to the end of March, just booming.

Grateful, grateful. We’re moving onwards.”

Muna Issa, SuperClubs Breezes managing director, told Tribune Business via an email message that the end to the five-day COVID19 test is “excellent news”.

She explained: “The American guests who stay seven nights found themselves having to do a test on day five to satisfy the Bahamian government requirement, and then taking another test on day six in order to return to the US per the CDC (Centres for Disease Control and Prevention) requirements, and they found this onerous.” Ms Issa said “this will affect overall guest satisfaction”.

Mr Sands, meanwhile, told Tribune Business that the imminent end to in-destination testing for tourists after five days was regarded by himself and the BHTA as “another firm step in the right direction”, particularly at this critical juncture

in the recovery of our tourism industry”.

He added: “The BHTA and the Government are aligned on removing impediments to travel amid what is largely being perceived as a waning pandemic.

These relaxations are critical to recapturing market share as a leading tourism destination.

“We thank the Government for open lines of communication, and know it is not an easy task to balance the health and safety of Bahamians, residents and visitors while facilitating the rebound of the country’s number one industry.”

Mr Sands said the hotel and tourism industry will be “patient” in waiting for the Government to make adjustments to the COVID mask mandate, adding: “Every win is very positive for the industry. I think the deputy prime minister has articulated that the Government is looking at a continuum, and as things improve and progress there will be further relaxations, so we look forward to that.

“Adjusting on a regular basis is a very good thing.

I think each country is at a different stage in this fight with COVID-19. I believe, certainly in some instances, we are leading, and in some instances we are at the same level with others in the Caribbean.”

Urging that The Bahamas “not lose sight” of the need to increase vaccination rates still further, and that it “still has a long way to go” in this area, Mr Sands said further improvement will enable the Government to loosen COVID-19 restrictions.

“I think we don’t want those in our competitive set to have an advantage over us,” he told this newspaper. “I think each country has to be judged on its own particular needs and set of circumstances, but it’s important we don’t allow our competitors to be ahead of us in connection with some of these protocols.

“As we look in the Caribbean, I think we may be slightly ahead in some instances. This is crunch time or prime for the hotel industry. Therefore, most properties are somewhat encouraged by their bookings. What we do will dictate how our forward bookings progress, and grow demand for the destination. We’re now beyond Easter, and looking forward to the second, third and fourth quarters.”

Mr Sands, in common with the rest of the industry, is awaiting the CDC’s move to upgrade The Bahamas from its ‘Level 4’ “avoid travel” advisory on the basis of a sharp decline in COVID cases to negligible levels.

“That’s may daily prayer.

I just hope it’s imminent,” he added. “It has the greatest impact on the long-term touristic situation for The Bahamas. It would be good for The Bahamas to distance itself and be in a category that is not an issue.

We’re certainly hoping for the upgrade, and the better the upgrade, the better for The Bahamas. It’s my daily prayer.”

THE TRIBUNE

PUBLIC NOTICE REAL ESTATE BOARD LICENSED BROKERS/SALESMEN/APPRAISERS/DEVELOPERS The Public is notified for general information that the following persons have renewed their licenses as of January 1st, 2022. These licenses are valid until December 31, 2022. The public is advised that the list of names below include registered, licensed members of The Bahamas Real Estate Association. The public is further advised that only licensed real estate salesmen and brokers are legally permitted to conduct the business of real estate in The Bahamas. Please be sure to check that the agent or broker you are using is named on this list.

First

Helen Neil Christopher Antoine Ethan W. C. Greg Mark William (Bill) Samara Christopher Celine Roy-Anne Sarah Margo Deborah Quinell P.A. Alexis Clara Sheryl Mackenson Christopher Kenneth Christopher Paul D. Sara Linda Basil Bianca Shelly Chikita Olivia E. Christopher M. Anthony F. Robert Paula Peter Brian Marilyn Angelika Denaldo Dominic A. Marcus Ann Antonja Tracey Kevin L. Sebastian Nicholas C. Cheryl Lorraine Rowan Ebony Pauline O. John Unni Marie Andrew Jane-Michele Wilshire Patricia Jeffrey B. Wendie F. Suzanne J. Cardell Lisa Andre Diane Brian Katherine A. Bursell R. Joan Tonielle Trevor Monica O. Lauren Ashley Livingston Brittany P. Edroy Geoffrey Geoffrey G. Robin B. Brittany Andrea G. Elvis Eli Faye Claudius A. Allan Jerry Christopher Sara Jason Carlyle Michelle Wesley Albert Garnell A. Lindsey Arlington Carla Mario A. Frank C. Paul H. Colleen Heather Levant Sasha Denise Tonika Janine Bradley Trevor L. Wayne Arnold Bryce Ridley Shirley Lisa M. Mark Brent C. Norman A. Monique Steven L. John I. Shane Robin Anna Takara Kenneth Lazar Sarah Omar

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Aaron-Dupuch Aberle Adderley Adderley Adderley Ageeb Ageeb Albury Albury Albury Albury Albury Albury Albury Albury Albury Albury Alcime Alcita Altidor Anand Andrews Ansell Antonas Appleton Aranha Aranha Aranha Archer Archer Armaly Armaly Armbrister Arthur Auberg Auberg Austin Ayearst- Hartley Bacchus Bain Bain Bain Bain Bain Barone Bastian Bastian Bates Bazard Beauregard Beneby Beneby Berdanis Berg Berlanda Bethel Bethell Birch Birch Bishop Black Bodie Bowe Bowe Bowe-Pindling Bowers Bowers Bradshaw Braithwaite Brancaccio Bridgewater Brown Brown Brown Brown Brown Brown Brown III Brown Jr. Brownrigg Brownrigg Brownrigg Bullard Bullard Burrows Burrows Butler Butler Callender Callender Campbell Campbell Campbell Campbell Campbell Cancino Capron Card-Stubbs Carey Carey Carey Carey Carey Carey Carey Carey Carey Carey, Jr. Cargill Cargill Cargill, Jr. Carroll Carroll Carroll Carroll Carter Cartwright Cartwright Cartwright Cartwright BRI., Cash Cash Cates Cathopoulis Chandler- Gardiner Chaplin Charlton Chemaly Chemaly

Category

Broker Broker Salesperson Broker / Appraiser Salesperson Broker Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Salesperson Salesperson Broker /Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker/ Appraiser Broker Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Developer Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker & Appraiser Broker & Appraiser Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Broker Broker & Appraiser Salesperson Broker Broker

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Postal Address

EE-17823 AB-20106 N-8245 CR 56766 Suite #720 SP-60673 SS-6193 SS-5931 AB-20404 CB-11911 General Delivery AB-22140 FH-14293 EL-27664 AB-20123 CB-10119 EL-27235 Gen Del. CB-56766 CB- 11777 SP-64185 SP-63158 EE-16469 N-732 N-1132 N 3709 CB-11853 SS-6041 N-732 SS-5762 N-3739 CR56766 Suite720 SS-19085 General Delivery General Delivery N-8877 N-8877 N-1132 SS-5244 Generla Delivery N-1062 CB- 11605 N-4488 N-3102 N-8421 EE-15240.

CB-13443 SS-19086 N 7776 N-4484 EL-27600 N-4825 N-7655 N-8164 General Delivery N-1130 N-7320 N-8524 SS-19085 P.O.Box FC 23311 AB 20771 N-8233 SB 20841 CR- 56600 Ex-29005 N-7815 N-7776 N-7776 N-1404 EL-25148 SS-19526 N-3180 N-1110 N-1110 CB-11707 CR56766 Suite720 N/A N/A N-1110 N-1110 N-1132 N-1132 SS-6299 CR-56600 CB-13304 SP-64205 EE -15819 SS-5046 CB-13237 SP-63158 SP-63158 CB-12675 CB-13316 EE-15819 N-1649 N-1062 N 1132 N--3611 N-10674 CR56766 Suite720 N-4764 CB-11556 N-732 CB-11141 SS-6780 SP-63158 SS-6780 N-732 SS-6650 CB-13484 CB-13484 CB 11606 N-732 N-732 AB-20378 EL-27235 SP-64205 AB-20900 Gen. Delivery SS-6600 CR 55257 AB-22212 C/O N732 SS-5482 N-4277 CR- 56152 N-531 SS-6193 SP 63016 SS-6366

Town/District

Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Marsh Harbour Hope Town Man-O-War Cay Nassau Nassau Spanish Wells Marsh Harbour Nassau Harbour Island Treasure Cay Nassau Nassau West Bay Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Cable Beach Nassau Fernandez Bay Governor’s Harbour Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Nassau Gregory Town Nassau Nassau Nassau Spanish Wells Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Fresh Creek Marsh Harbour Nassau Prince Charles Dr Nassau George Town, Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau #248 Shirley St. Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marlborough Str. Nassau Nassau Treasure Cay Nassau Nassau Marsh Harbour Cable Beach Nassau Nassau Treasure Cay Hope Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau

Island

New Providence Abaco New Providence New Providence New Providence New Providence New Providence Abaco Abaco Abaco New Providence New Providence Eleuthera Abaco New Providence Eleuthera Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Cat Island Eleuthera New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Andros Abaco New Providence New Providence New Providence Exuma New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence Abaco New Providence New Providence New Providence Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence

THE TRIBUNE

Friday, March 4, 2022, PAGE 7 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS

First

Sonia Linnea Rebecca Cara Diane John W.C. Gavin Cheslie Donald Aubynette Claudlyn Samuel Douglas Perry J. Leslie Ann Samira Gregory Cara John Charlotte Cephas Clarence Kevin J. C. Kenneth Audrey Kent Christina Joseph R. Darvin Terez Lamont Dwayne Roscoe Nicholas George Nicholas Dennis Christopher E. Suzette Donna M. Paul C. Ambrose B. Donna Katera Linda Jonathan Alexandra Lanelle Marcella Nicholas Judy E. Rasheda Flinders Property Dev Kayleigh John B. Jacob S. Sarah Samia Steve Tarma Kenred Tamara William Adam Peter M. Karen Valderine Garnett L. Cathryn Nicole Jennifer E. Melissa Rothia J. Scott Cecil C. Tenecia Byron Abigail F. Adell Ruth Tiffany Bradley Joerg Charles D. Godfrey Raylene Alexandrea Erin Donna Byron Cristobal Gregory P. Nakeisha Angelique Dolly Sharmaine Stuart Sandy Khandira Chris Raquel Lakeisha Bishop Walter S. Aubrey P. Brian K. Dante Cheryl M. Garren A. Charles C Gennyne Gustaf Christopher Jerlean Lauren Brianna Lydia Philip Taryn Denea Leo Priscilla Maxine Mark Marcus Nakia Sally D. Templeton Demetri Dena L. Desiray Kirk Stephen Jack Dario Steven Harold LoAnn Wendy A. Keisha Josefina Trevor W. Stephen Ingrid Lonnie Sheldon Jennie Harrice Troy Chevez Aston Advara Alexander

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Chipman Chisholm Christen Christie Christie Christie Christie Churchill Clarke Clarke Cleare Cleare Colclough Coleby Collie Collie Constantakis Constantakis Cooper Cox Cross Culmer Culmer Culmer Cunningham Curry Curry Curry D. Nixon Daley Dames Damianos II Damianos III Darling Darville Darville Darville Darville Davis Davis Davis Dean Dean Dean DeGregory Delaney Deveaux Deveaux President/Owner Dickson Dillett Disston Disston Donaldson Donovan Dorsett Dorsett Dorsett-Vieljeux Duncombe Duncombe Dupuch Duvalier Edgecombe Ellis Evans Fair Farrington Farrington Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Forbes Forbes Forbes Fox Friese Frith Gardiner Gardiner Gatis Davis Gay Glinton Glinton Gomez Graham Gray-Wallace Griffin Griffin Griffin Halbert Hall Hall Hall Hall Hamilton Hanchell, JP Hanna Hanna Hanna

Category

Broker Salesperson Salesperson Broker Broker & Appraiser Broker & Appraiser Salesperson Salesperson Salesperson Salesperson Broker & Appraiser Broker Salesperson Salesperson Broker & Appraiser Salesperson Broker Salesperson Salesperson Broker Broker & Appraiser Broker & Appraiser Salesperson Salesperson Salesperson

Postal Address

GT-2078 N/A SP-60922 N-8164 N-8164 N-8245 N-8245 F 42748 N-8245 CB-11741 N-7655 N-7434 EE-15039 CB-13002 N-9956 N 282 N-8164 SS 5699 N-1062 CB-11240 N-641 General Delivery General Delivery General Delivery SP-64157 Salesperson & Appraiser EE-15019 Salesperson General Delivery Salesperson EE-15019 Salesperson CB-11182 Broker N-4491 Salesperson N-1062 Broker N-732 Salesperson N-732 Broker & Appraiser N-1335 Broker CB-11932 Salesperson SP 60986 Salesperson AB-20228 Broker F-43335 Broker & Appraiser N-8466 Salesperson SS-19085 Salesperson EE-19504 Salesperson SP 60213 Broker EE-19504 Salesperson N-1062 Salesperson EL-27235 Salesperson N-732 Broker SS-1922248 Salesperson SS-19248 Developer N/A Salesperson SS-19085 Salesperson AP-59217, Slot 2732 Broker N-7776 Salesperson N-7776 Salesperson CR56766 Suite720 Salesperson N-732 Salesperson SP-62233 Salesperson N-4589 Salesperson CB-13647 Salesperson & Appraiser F-41991 Salesperson EE-17823 Broker & Appraiser EE-17823 Broker CR-56152 Broker SP-60986 Broker/Appraiser CB-11517 Salesperson N-1458 Salesperson SS-5539 Salesperson N-1110 Salesperson SS-19085 Salesperson CB-12675 Salesperson Gen Del. Salesperson CB-12989 Salesperson CB-13604 Salesperson E E- 17823 Broker N-9641 Salesperson EE-17434 Salesperson EE-16021 Salesperson N-7776 Salesperson AB-20347 Developer LI-30105 Broker F-4063 Salesperson/Appraiser F. H. 14673 Salesperson F-43152 Salesperson SS-5959 Salesperson N-3611 Salesperson EE-15162 Salesperson N/A Salesperson N-266 Broker CB-13443 Salesperson SS-19248 Salesperson SP-64133 Salesperson SS 5693 Salesperson SP-60074 Broker N-1132 Salesperson SS-6894 Salesperson CB-11932 Salesperson N-4949 Salesperson SB-50449 Salesperson N-3323 Broker/Appraiser N-1444 Broker N-3162 Salesperson General Delivery Salesperson CB-13443 Harding- de Goicoechea Salesperson DC-30716 Hepburn Broker GT-2368 Hepburn Salesperson N-10119 Hepburn Salesperson CB-11517 Hernqvist Broker CB-13647 Herrod Broker CB-13647 Hield Broker F-432221 Higgs Salesperson/ Appraiser General Delivery Higgs Salesperson AB20900 Hill Salesperson AB-2217 Hillier Salesperson N-7776 Hinsey Salesperson/ Appraiser SS-6041 Hodges Salesperson SS-6395 Huber Salesperson SS-6481 Hudson Broker SP-63985 Hussey Salesperson N-732 Hussey Salesperson N-732 Hutcheson Salesperson CB 13421 Hutcheson Salesperson CB 13421 Hutcheson Broker/Appraiser CB-13421 Hutchinson Salesperson CB -11932 Huyler Salesperson General Delivery Ingraham Salesperson N-3180 Ingraham Salesperson EE-16295 Ingraham Broker N-1062 Isaacs Broker N-1458 Jenoure Salesperson CR 56242 Johnson Broker/Appraiser N-4949 Johnson Salesperson EE-19504 Johnson Broker SS-19270 Johnson Salesperson General Delivery Johnson Broker N-7776-151 Johnson Broker/Appraiser F-42480 Johnson Salesperson SS-5872 Johnson Salesperson N-9473 Johnson Salesperson EL 27457 Johnson Salesperson CB-13316 Johnson Salesperson EE-16439 Johnson Salesperson AP-59223 Johnson II Salesperson N-1132 Johnson-Ramirez Salesperson N-732 Jones Broker/Appraiser F-41684 Joos Salesperson SS-6193 Jupp Salesperson N-4949

Town/District

Nassau Nassau Nassau Nassau Nassau Nassau East Bay Street Freeport Georgetown Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Tarpum Bay Tarpum Bay Lyford Cay Nassau Guana Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Freeport Palmdale Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Caves Village Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Nassau Nassau Nassau Hope Town Nassau Nassau East Bay Street Nassau Nassau Governor’s Harbour Nassau Marsh Harbour Stella Maris Freeport/Lucaya Nassau Freeport Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Salt Pond Nassau Nassau Nassau Caves Heights Nassau Freeport Great Harbour Cay Marsh Harbour Abaco Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau Nassau Nassau Nassau Nassau Great Harbour Cay Nassau Nassau Marsh Harbour Lyford Cay Freeport Nassau Nassau Spanish Wells Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau

Island

New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera Eleuthera Eleuthera New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence Abaco Long Island Grand Bahama New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence Long Island New Providence New Providence New Providence New Providence New Providence Grand Bahama Berry Islands Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Berry Islands New Providence New Providence Abaco New Providence Grand Bahama New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence

ENTREPRENEURSHIP CENTRE TO BOOST DIGITAL TRANSITION FROM PAGE ONE low levels of productivity, weak competitiveness and lack of innovation. This has hampered growth and innovation.

“Only 20 percent of firms are large (over 100 employees), and only 7 percent of large firms, 16 percent of medium-sized firms and 13 percent of small firms export. Private sector firms also experience low productivity (17 percent lower than the Caribbean average), low flexibility, adaptive capacity and innovativeness,” the IDB continued.

“Existing industries are not closely connected and face challenges in upgrading goods or moving to other industries. There is also insufficient innovative activity (only 22 percent) of the firms innovate, and innovation is more prevalent in the manufacturing sector while 56 percent of Bahamian firms are potentially innovative if given the right tools and access to connections and inputs.”

To address these woes, the IDB said the Centre for Entrepreneurship and Innovation will help tackle the “lack of digital talent, scientific and technological knowledge/research, and access to programs for training”, plus the limited ability of companies and individuals to prepare and adjust for the digital economy.

It also added that there was a “limited connection between the education ecosystem in the country, and private sector partners, to promote more productive and digitally-advanced jobs and livelihoods”.

“There is a need to address these issues and utilise digital technologies to help spur productivity, competitiveness and innovation to create jobs and stimulate entrepreneurship,” the IDB said.

“Additionally, the existential economic threats and vulnerability posed to The Bahamas underscores the severe need for private sector, government and academia to respond effectively in creating a more sustainable entrepreneurial

(digital) environment and employment opportunities that help to spark economic growth, climate resiliency, productivity, competitiveness and innovation.”

Noting that the project linked to the Government’s plans to develop Grand Bahama as a technology hub, the IDB continued: “Low representation of women in the technology field also contributes to the problem. Though women outnumber men at the University of The Bahamas, they are under-represented in programmes such as computer information systems and engineering technology.

“The project therefore has as a goal to attract at least 50 percent women participants in the technology courses.

The project will benefit students, recent graduates and local entrepreneurs.

The main beneficiaries are 600 entrepreneurs completing the incubation program, of which 50 percent are women, 2,500 persons reached in the marketing campaign and 500 graduates of the entrepreneurship bootcamp programme, with at least 50 percent women and specific outreach to include the most disadvantaged groups in vulnerable communities.

“In addition, 1,000 enrolled students and graduates of newly-created certification programmes will benefit, and at least five partnerships will be created for local or international firms and high growth start-ups to host internships in specific applied R&D, technology and innovation fields for a minimum of 100 students (at least 50 percent will be women),” the lender continued.

“Additionally, the project will aim for at least 15 new start-ups to be launched by university students or graduates over the three-year duration of the project. To select the participants in the project, the executing agency will establish a selection committee comprised of internal and external stakeholders including representatives from civil society and government.”

PELOSI SUPPORTS HALTING RUSSIAN OIL IMPORTS TO US: ‘BAN IT’

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — Amid the escalating war in Ukraine, House Speaker Nancy Pelosi said Thursday she supports banning Russian oil imports to the U.S., a hefty nod that could strengthen President Joe Biden’s hand as global allies seek to isolate Russian President Vladimir Putin’s regime.

Biden has been reluctant to curb Russian oil shipments to the U.S. or slap on energy sanctions in ways that would reduce supply as gas prices at the pump are already climbing for Americans. But Pelosi’s support gives fresh currency for an idea in Congress already backed by wide swaths of Republicans and an increasing number of Democrats.

The White House has said all tools remain on the table.

“I’m all for that,” Pelosi said about ending Russian oil in the U.S. “Ban it.”

Finding common ground to counter Russian aggression toward Ukraine through energy policy would be a breakthrough for the divided Congress, which has shown remarkable resolve in unifying U.S. support for Ukrainians but has struggled over concrete steps that would help the Western-style democracy battle the Russian invasion.

A Russian oil ban could draw momentary alliance of lawmakers on the left and right — Democrats fighting climate change who want to lessen the U.S. reliance on fossil fuels; Republicans who want to boost U.S. energy production at home; and the great majority of

lawmakers of both parties who want to stop Putin’s war.

Republicans have been pushing for the Russian oil ban, joined by some Democrats eager to punish Putin.

“What if we crush the oil and gas sector of the Russian economy?” said Sen. Lindsey Graham, R-S.C. “That would be a lethal combination for the Russian economy.”

Sen. Ed Markey, a liberal Democrat from Massachusetts and a leading advocate of climate change strategies, also backs an import ban.

“We cannot criticize Europe for its reliance on Russian energy as we pour dirty oil money into Russia,” he said Still, Biden has resisted, fearing a ban could further disrupt global markets and raise already high prices at the pump. He also risks backlash from climate change activists who say U.S. officials must not use the Ukraine war to expand oil or gas drilling in the U.S., a step Republicans have been urging. Gas prices in the U.S. averaged nearly $3.73 a gallon Thursday, up almost $1 from a year ago, according to AAA motor club.

For now, the White House has said all options remain on the table. “We don’t have a strategic interest in reducing the global supply of energy,” said White House press secretary Jen Psaki.

The remarks from the White House were widely criticized as misguided by Sen. Joe Manchin, D-W.Va., and Sen. Lisa Murkowski, R-Alaska, at a press conference Thursday introducing a bipartisan bill to halt Russian oil imports to the U.S.

PAGE 8, Friday, March 4, 2022

THE TRIBUNE PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS First

ALEJANDRA MORALES BUSCIO, of Salem, Oregon, reaches up to pull the leaf canopy over pinot noir grapes on Thursday, July 8, 2021, to shade the fruit from the sun, at Willamette Valley Vineyards in Turner, Ore. Farmworkers in Oregon would earn overtime pay for the first time in the state under a bill that the Legislature approved on Thursday, March 3, 2022, after more than 1,000 people testified, including farmworkers who say the’ve been taken advantage of far too long for their important labor.

Photo:Andrew Selsky/AP

OREGON LEGISLATURE APPROVES OVERTIME PAY FOR FARMWORKERS

By ANDREW SELSKY Associated Press

SALEM, Ore. (AP) — Farmworkers in Oregon would earn overtime pay under a bill that the Legislature approved on Thursday, after more than 1,000 people submitted testimony, including farmworkers who felt they have been taken advantage of for too long for their important labor.

If Oregon Gov. Kate Brown signs the bill, the state will be joining a handful of others, including California, Washington state and New York state, in ensuring that farmworkers are eligible for overtime pay.

“Oregon’s agricultural workers should not be excluded from the same protections afforded to other Oregon workers,” said Sen. Kathleen Taylor, a Democrat from Portland who was one of the bill’s main sponsors. “We depend on farmworkers to keep food on our tables and keep our families fed.”

The Oregon Senate passed the bill on a vote of 17 to 10 Thursday, two days after it passed the House on a 37-23 vote. Brown has spoken favorably about the bill, which next goes through her office’s standard review process.

The effects of climate change were cited by some people who testified on the bill, pointing out that agricultural workers are in the fields despite rising temperatures — Oregon suffered record heat last summer that sent thermometers to 119 degrees Fahrenheit (48 Celsius) — and in wildfire smoke.

“In the last couple of years, we have seen how truly essential these workers are as they continue to show up despite facing a respiratory pandemic, wildfires, a winter storm and deadly heat waves,” said Connie Yost, president of Farm Worker Ministry Northwest, which advocates for justice and empowerment of farm workers.

Farmworkers, who in Oregon are mostly Latino immigrants, also spoke up for themselves in written testimony delivered

in Spanish with English translations.

“Last year during the extreme heat we worked a lot and there wasn’t shade to cover us during the break and lunch,” wrote Josefina Torres, a nursery worker from Salem, Oregon.

“We farmworkers do not have access to earn overtime, although we do one of the heaviest jobs,” wrote Miguel Nieves, who has worked in the fields for 33 years. “It is important to support the overtime for farmworkers because we are the foundation of this country.”

The Oregon Farm Bureau predicted that the bill “will deliver a death knell to Oregon’s fresh fruit, vegetable, and dairy industry” and that many farmers will reduce worker hours and mechanize to avoid paying overtime or leave Oregon altogether.

Farmworkers were excluded from overtime in the federal 1938 Fair Labor Standards Act. Sandy Chung, executive director of the ACLU of Oregon, said the exclusion was racist because agricultural field jobs were predominantly occupied by Black workers then, and that now in Oregon it is mostly Latino workers.

Pat Dudley, owner of Bethel Heights Vineyard and winery near Salem, told lawmakers that “we have taken this discriminatory practice for granted for way too long.”

“Correcting this unjust exclusion of agricultural workers from an essential benefit enjoyed by workers in every other sector of our economy is long overdue,” Dudley said.

Washington Gov. Jay Inslee signed a bill last year that creates a phased-in path toward full overtime pay for agricultural workers by 2024. For 2022, they ensure overtime pay for any time worked over 55 hours a week; 48 hours a week in 2023; and 40 hours a week by 2024.

In California, then-Gov. Jerry Brown signed legislation into law in 2016 that makes farmworkers in the nation’s largest agricultural state entitled to the same overtime pay as most other hourly workers.

NOTICE NOTICE is hereby given that CRISTIAN SÁNCHEZ of Purpose Way, Ridgeland Park West, Nassau, The Bahamas, is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 4th day of March, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

Phillip Kohen Kim Laura Inger Sherry Linda Olivea Danielle R. Henry Aaron Franklyn Jeannette Monica Ryan Shannon Gina L. Lacharah David A. Mark A. Reneika D Janae C Kerrie Malik Candis Caryl Justin Yannick Roger S. Prince Colin Michael Jacqueline Christopher J. Heather Bertram E. Kathumel Rhodney Tyrel O’Layinka Hartman Daniel William Christopher Analia Daniel Neil A. Joseph F. M. Tonya Mervyn James Kennedi Spencer Kristina Tanya Garry R. Donald P. Michelle Patrick Jorge Eugene-Gino A. Randolph Jason Sean Mary Dave Alex Charmain Jacqueline H. Maranique S. Tamina C. D. Neil Alexander Dorothy Prescott Martina Kurt Junior Anthony Irene Anthony Glenn Greg V. Sopnovia Edward A. Felicia Kenisha Matthew Cheryl James S. Casey David F. Laura J. Jonathan P. Sherry Celeste Henry Neville Emmanuel Nicolas E.P. Maria M. Michael N. James George Deanna Harvey Allyson Gevon Charles J. Anya Birgirtha Mark T. Creighton K. Debra Mark Gregory Lana Sarah L. Blondell Cristina Robert Anthony Sean Ohmar Cindy Ed Eric T. Marissa Jaime Shoniqua J. Christopher Taryn Eugenie Marie Andrew G. S. Sara Jane Mitzi Miguel Audley John Rachel K. Craig Denise Candida Holly Lynden O. Sheldon James Sophia Vincent Delerese Vanessa Lana

Last

Kemp, II Kerr Kikivarakis- Dillett Kimble King Klonaris Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles-Brown Kweben Lakin Lashley Leach Ledard Legros Lewis Lightbourn Lightbourn Lightbourn Lightbourn Lightbourn Peterson Lightbourne Lloyd Lloyd Lockhart Lockhart Longley II Lowe Lowe Lowe Lowe II Mactaggart, Jr. Major Major Major Jr Malcolm Mallory Mallory Malone Manos Markham Martinborough Martinborough Maura Mauricio Maycock Maycock McCarroll McCarroll McCartney McCorquodale McGann McIntosh McKenzie McKinney McKinney McKinney McNamara McPhee McSweeney Melnechuk Mernard Miaoulis Miaoulis Miaoulis IV Miller Miller Miller Minnis Minus Missick Mitchell Mitchell Moir Moncur Morley Morley Morris Morris Morrison Moser Mosko Mosko Mosko Mosko Mosko Mosko-Battello Moss Moss Moss Moss Mousis Moxey Moxey Moxey Moxey-Rolle Moyle Munnings Munnings-Basalyga, Munro Munroe Murciano Myers Myers Newbold Newell Newell Newman Nixon Nixon Nixon Nottage Nottage Nuttall O’Brien II Parker Patterson Pearce Perez Peters Pinder Pinder Pinder Pinder Pinder- Carey Pinder- Peel Pindling Pitt Pleydell-Bouverie Porras Pratt Pratt Pritchard-Ansell Rademaker

Category

Postal Address

Salesperson Salesperson Broker /Appraiser Broker/Appraiser Salesperson Salesperson Salesperson Broker Salesperson Salesperson / Appraiser Salesperson & Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson / Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker & Appraiser Broker/ Appraiser Salesperson Salesperson Broker Broker & Appraiser Salesperson Salesperson Salesperson Salesperson Broker Broker Broker/ Appraiser Salesperson Broker Broker Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Broker Salesperson Broker Salesperson Salesperson Broker Broker /Appraiser Salesperson Broker Salesperson Broker Broker Developer Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Broker / Appraiser Salesperson Salesperson Salesperson Salesperson Developer Broker Broker Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Developer Salesperson Developer Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker /Appraiser Broker Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker

CB-13896 N/A N- 1835 CB-13443 CB-11914 F-44704 SP- 60216 CB-12396 General Delivery AB 20106 General Delivery N-1132 EE15549 N-641 N-3709 General Delivery SS-6041 P.O. Box CB-11911 CB- 12276 N-9921 N-9921 EE-16336 N-732 CB-14000 N-1702 None N-7776 N-1132 N-4949 N-4949 N-732 Gen Del. N-4949 F-40693 N-9642 N-7014 CB-11932 CB-11932 N-8339 F-42748 SS-6041 SS-6219 CR56766 Suite720 SS-19223 FH-14673 CB- 11741 N-1062 General Delivery F40368 F-41991 Gen. Delivery EX-29476 N-4949 N-1132 N-1132 AB-20106 N-9128 SP60213 EE- 17909 N-3371 N-914 N-1144 EE-17823 CB-13835 N-1062 N-1062 N-22 SS-6193 CB- 13443 N 7776 EE-15746 SS-6193 CB-11932 General Delivery SS-6269 SS-6269 N-1130 EE-16435 CR-56152 N-1062 General Delivery N-1062 F- 43152 N-8245 SP-61978 CB-13836 SP-64133 SS-19085 SS-19085 EL-25009 N-4484 SS-6481 EE-15832 N-1130 N-1130 F-40368 F-40368 N-641 F-40368 AB- 20669 CB-13598 EE 17944 Gen. Delivery N-8164 N-1947 N-9910 General Delivery SP-62571 N-4852 N-4484 N-4484 SS-5480 N-99 C/O N-4875 SS-6481 CB 11296 SB-51038 AB-20509 AB-20509 Ex-29363 N-1062 N-4949 N-8164 SS-19085 N-8339 N-7776 N-492 CB-10964 General Delivery AB-204599 N-1132 N-7655 General Delivery N-3709 SS-6894 EL-27424 N-4949 General Delivery CB-11001 CR-56766 Slot720 AB-20509 CB-13443 N-368 CB-13443 N-732 N-732

Town/District

Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau Nassau Hope Town Mangrove Bush East Bay Street Nassau Nassau East Bay Street Tarpum Bay Marsh Harbour Hope Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau 18 Shirley Street Nassau Elbow Cay, Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Freeport Freeport Hope Town George Town, Nassau Nassau Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Nassau Nassau Nassau Nassau Alice Town Nassau Governor’s Harbour Nassau Freeport Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Freeport/Lucaya Nassau Freeport Marsh Harbour Nassau Nassau Freeport Nassau Nassau Nassau George Town, Jimmy Hill Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Marsh Harbour Georgetown Nassau Nassau Freeport Nassau Nassau Nassau Nassau Nassau Hope Town Marsh Harbour Nassau Nassau Hope Town Nassau Nassau Spanish Wells Spanish Wells Marsh Harbour Nassau Nassau Man-O-War Cay Nassau Nassau Nassau Nassau Nassau

Island

New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence New Providence Abaco Long Island New Providence New Providence New Providence New Providence Eleuthera Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera Grand Bahama Grand Bahama Abaco Exuma New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence Bimini New Providence Eleuthera New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Grand Bahama Grand Bahama New Providence Grand Bahama Abaco New Providence New Providence Grand Bahama New Providence New Providence New Providence Exuma Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Abaco Exuma New Providence New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence Abaco Abaco New Providence New Providence Abaco New Providence New Providence Eleuthera Eleuthera Abaco New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence

THE TRIBUNE

Friday, March 4, 2022, PAGE 9 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS

First

Giovanna Donna E. Melanie James Martina Alva Kimra Melissa T. Lori W. Larry Mark M. Richard Montague Joseph John Marcellus S Summer Dorothea Anton Alvan K. Periska Guido O Cindy Miralee Katherine Ann Bruce Wendy June Christopher Keith Phillice E Elena Patrick B. Kelli Jerry Sarah Thomas A. Jr Darrin William Christopher Roger Yvette Janice Nikolai James Thaddeus Chad W. Richard W. Stan Elaine Dwight Nikolai Katina Bernadette Andrew J. Natasha Antoinette Maurice Lester Anne I. Timothy Marsha Jill Reginald Laura Michael Martin Shawne K Dean Kyle Michelle Patrick Linda Ayana Nsenga Kyron Elizabeth Patrick Terrance Osbourne Eulanda Omar Daria N Michael Diane Kerry Stephen Carla A. Ruby Lee Matt Robin Brent T. Peter Marvin Toni Claire Perry Rhiannon William ‘Bill’ Christopher Elbert Paul D. Samuel Alexandria Shawn Steven Colyn Indira Celina Krystal Darlene Jennifer Linda Marianne Denisia Patrick Lorraine E. Collingwood Candice Ingrid Dianna M. Natasha Christine Dwayne Cyd Ana Elisa B.N. Gregory Rhonda Daniel Janet Katherine F. Anthony Valerie A. Maria G. Rosalie Spencer D. Gregg Phillip

Last

Rahming- Charles Rees Rees Rees Reichardt Ritchie Ritchie Sweeting Ritchie-Wilkinson Roach Roberts Roberts Roberts Roberts Roberts Roberts-McPhee Robins Rodrigues Rolle Rolle Rolle Rolle- Miller Rose Rose- Clarke Rowan Rowe Russell Russell Russell Russell Rutherford Sadowski Saintil Sams Sands Sands Sands Sands Sands Sands Sarles Sarles Saunders Sawyer Sawyer Sawyer Sawyer Sawyer Sawyer Schopper Scott Seymour Jr. Shephard Simms Smith Smith Smith Smith Smith Smith Smith Sneyd Solomon Springer Spychalla Stevens Stevenson Stevenson Stewart Storr Strachan Strachan Strachan Stuart Stuart Stubbs Stubbs Stubbs Sturm Sullivan Sweeting Sweeting Sweeting Sweeting Symonette Symonette Taylor Taylor Taylor- Lloyd Thackray Thomas Thomas Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Treco Treco Treco Treco Tremblay Tseretopoulos Tully Turnquest Turnquest Turnquest Tynes Stuart Vargas-Phillpot Vythoulkas Wallace-Whitfield Wallas Ward Wassitsch Watkins Waton Waton Watts Weech Wells Wells Wells Wells -Fawkes White White Whitehead Dist. Elder Dr. Roosevelt K. Whyms Dist. Elder Dr. Roosevelt K. Whyms Rachel Wiklund Desiree Wilchcombe-Aranha Madeline Wilkinson Nicola Francisca Williams Franon Wilson Vena B. Wolfe William U. Wong Jason Wong Ruth Melverna Wong, J.P. Wellington Woods Sheila Young Signed: Registrar of Real Estate Date: January 1st, 2022

Category

Salesperson Broker Broker Broker Broker Salesperson Broker Salesperson Salesperson Broker Broker Salesperson Salesperson Broker Salesperson Salesperson Salesperson/Appraiser Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Salesperson Salesperson Broker / Appraiser Broker Salesperson Salesperson Broker/ Appraiser Broker Salesperson Salesperson / Appraiser Salesperson Salesperson Salesperson Broker Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Salesperson Developer Developer Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Broker / Appraiser Salesperson Salesperson Salesperson Salesperson Broker Broker Broker Broker /Appraiser Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Broker Salesperson Broker Broker Broker/ Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Broker Broker/ Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Broker/ Appraiser Salesperson /Appraiser Broker/ Appraiser Broker Salesperson Salesperson Broker/ Appraiser Broker Salesperson Broker Developer Salesperson Salesperson Salesperson Salesperson Broker/ Appraiser Broker Broker /Appraiser Salesperson /Appraiser Broker Broker/ Appraiser Broker

Postal Address

CR-54875 AB-20149 SS-19085 AB-20149 N 8164 N-8339 SP 60412.

EE-16336 N-7776 N-1132 SS-6366 N-732 EL-27235 A B 22183 CB-13304 SS-5550 SS-6041 N-7401 N-8860 N-4949 EE-17439 N-8584 DC 30699 SS-6668 EX-29178 AB20967 EE-17623 N-1062 EE-17823 N-4182 SS-6193 N/A AB-20900 EL-26030 General Delivery N-1132 SS-5315 CB-11246 SP-64205 F 43152 F-43152 N-1062 AB-20404 N-732 AB-22127 N-1480 N-4098 CB-13235 N 7776 CB-12291 CR 56766 Suite 720 EL-27235 GT-2292 N-1110 N-7776 CB-13304 N-1062 LI30 .105 EX-29034 N-1130 SP-64185 N-4818 General Delivery CB-13304 AB-20149 N-732 N-8096 General Delivery N-3180 N-3180 SP-62185 AB-221103 N-10119 N-9715 EL27152 N3745 N/A SS-6299 General Delivery N-1110 SS-19085 CB 13534 CB 13534 N-3709 N-3709 SS-19777 N-1062 N/A SS-6481 AB-20900 General Delivery AB-20404 General Delivery N-8164 AB 22705 N/A F-44618 General Delivery General Delivery N-9341 N-1130 SP-63245 SS-6650 SS- 19729 CB-11932 SP-64205 SP-60343 N-7776 N-3708 N-8408 EX-29101 General Delivery GT 2494 SS-5151 N-4949 N-3709 AB-20106 SS-6236 N-1132 N-8245 EL-25057 N-8164 EX-29122 BI-024039 N 3709 EE-16021 General Delivery CB-11120 N-4949 SS-6222 SS-6208 EE-17617 EE-17617 N-1062 CB 11992 N-732 SB-52306 N-3739 F 43440 CB-11932 N-1132 N-535 CB-11777 SP60035

Town/District

Nassau Marsh Harbour Marsh Harbour Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Treasure Cay Cable Beach Nassau Nassau Georgetown Nassau Alice Town Nassau Nassau Hamilton’s Nassau George Town, Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Governor’s Harbour Spanish Wells Nassau Nassau Nassau Nassau Freeport Freeport Nassau Marsh Harbour Nassau Treasure Cay Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Stella Maris Georgetown N-1130 Nassau,Bah Nassau Nassau Harbour Island Harbour Island Green Turtle Cay Nassau Paradise Island Hope Town Nassau Nassau Nassau Abaco Nassau Nassau Harbour Island Nassau Nassau Blair Estates Hope Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Hope Town Marsh Harbour Hope Town Nassau Hope Town Nassau Freeport Hope Town Hope Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Georgetown Rock Sound Alice Town Nassau Nassau East Bay Street Marsh Harbour Nassau Nassau West Bay Street Governor’s Harbour Governor’s Harbour George Town, Alice Town Nassau Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport Nassau Nassau Nassau Nassau Nassau

Island

New Providence Abaco Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera Abaco New Providence New Providence New Providence Exuma New Providence Bimini New Providence New Providence Long Island New Providence Exuma Abaco New Providence New Providence New Providence New Providence New Providence New Providence Abaco Eleuthera Eleuthera New Providence New Providence New Providence New Providence Grand Bahama Grand Bahama New Providence Abaco New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Long Island Exuma New Providence New Providence New Providence Eleuthera Eleuthera Abaco New Providence New Providence Abaco New Providence New Providence New Providence Abaco New Providence New Providence Eleuthera New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Abaco Abaco Abaco New Providence Abaco New Providence Grand Bahama Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Exuma Eleuthera Bimini New Providence New Providence New Providence Abaco New Providence New Providence New Providence Eleuthera Eleuthera Exuma Bimini New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence

IN this photo provided by the New York Stock Exchange, trader Edward McCarthy, right, and specialist Gregg Maloney work on the floor, Thursday, March 3, 2022. Stocks shifted between gains and losses Thursday and oil prices eased back as markets remain concerned about the broader impact of Russia’s invasion of Ukraine.

Photo:Courtney Crow/AP

STOCKS END ANOTHER BUMPY DAY LOWER AND CRUDE OIL PRICES EASE

By DAMIAN J. TROISE AND ALEX VEIGA AP Business Writers

STOCKS fell and oil prices eased back Thursday after another bumpy day of trading on Wall Street as markets remained anxious about the broader impact of Russia’s invasion of Ukraine.

Major indexes veered up and down for much of the day before a late-day slide pushed them into the red.

The S&P 500 shed a 0.7% gain to close 0.5% lower, while the Dow Jones Industrial Average fell 0.3%.

The Nasdaq composite fell 1.6%, weighed down by technology stocks, which accounted for a big share of the market’s decline. The pullback left the indexes on pace for weekly losses.

Bond yields were mostly steady. The yield on the 10-year Treasury slipped to 1.85% from 1.86% late Wednesday.

Stocks rallied a day earlier after Federal Reserve Chair Jerome Powell said he favored a modest interest rate increase at the Fed’s policy meeting in two weeks, bringing relief to investors who had feared he would back more aggressive moves to fight inflation.

“We’ve gotten a lot of clarity on what the Fed plans to do,” said Liz Young, chief investment strategist at SoFi. “But we’ve got this overhanging cloud of the geopolitical risk and oil prices still pressuring sentiment a little bit.”

The S&P 500 fell 23.05 points to 4,363.49. The Dow slid 96.69 points to 33,794.66. The Nasdaq dropped 214.07 points to 13,537.94.

Smaller company stocks also lost ground. The Russell 2000 index fell 26.46 points, or 1.3%, to 2,032.41.

Communication stocks, retailers and other companies that rely on direct consumer spending had some of the broadest losses.

Sectors that are viewed as less risky, including utilities and household goods makers, gained ground.

The broader market remains volatile as investors continue to worry about the conflict in Europe along with rising inflation and the impact on economic growth and how central banks around the world act to try and restrain inflation.

The economic fallout from the Russian invasion expanded as Fitch Ratings, Moody’s Ratings and Standard & Poor’s cut Russia’s credit rating. It was

S&P’s second Russia downgrade in less than a week.

The agencies said the invasion and Western sanctions have hurt Moscow’s ability to repay debts and raised risks for the economy and stability.

The London Stock Exchange said it had suspended trading in shares of 27 companies with links to Russia, including some of the biggest in energy and steel, such as Lukoil, Gazprom, Sberbank, Rosneft and Magnitogorsk Iron & Steel Works. Those shares lost most of their value prior to the suspension. Rosneft shares dropped from $7.91 on Feb. 16 to 60 cents on March 2, while Sberbank shares plunged from $14.90 to 5 cents in that same time frame.

Trading on the Moscow exchange remained closed Thursday. Russia’s ruble lost another 15% against the U.S. dollar and is worth less than 1 cent. It has plunged since Western governments imposed sanctions that cut off much of Russia’s access to the global financial system.

The exposure and overlap that U.S. markets have to Russia is relatively low.

The real risk is the exposure that European banks have to Russia, Young said.

“If European banks start to feel the contagion of that, then it’s about what’s our exposure to Europe, which surprisingly is still reasonably low,” she said.

“That doesn’t mean there’s not sentiment risk. Nobody likes to hear about financial markets freezing up.”

Russia’s invasion of Ukraine has been the dominant issue for investors all week as they try to assess its global economic impact.

Russia is a key oil producer and prices have been rising as global supplies remain threatened by the conflict, raising concerns that persistent inflation could become even hotter.

Leaders of OPEC and other major oil-producing countries are sticking with plans to gradually increase oil production. Meanwhile, the U.S. and other major governments in the International Energy Agency plan to release 60 million barrels from strategic reserves to boost supplies.

The price of U.S. benchmark crude oil fell 2.6% to $107.67 a barrel and Brent crude, the international standard, fell 2.2% to $110.46. Both are still up more than 17% for the week.

NOTICE NOTICE is hereby given that JOSE VALENTIN FÍGARO CRISOSTOMO of Masson Addition-Sandy Lane , Nassau, The Bahamas, is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 4th day of March, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PAGE 10, Friday, March 4, 2022

THE TRIBUNE

NJ FINES DRAFTKINGS $150,000 FOR ALLOWING PROXY BETTING

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have fined DraftKings $150,000 for allowing a Florida man to make online sports bets from his home by having a friend who was present in New Jersey place the bets for him.

In an action made public Wednesday, the New Jersey Division of Gambling Enforcement revealed it has reached a settlement with Boston-based DraftKings concerning the so-called proxy betting incidents that are forbidden under state regulations.

DraftKings also agreed to a series of corrective actions, including voiding

21 bets the Florida man had made that were still pending, closing his account for proxy betting, and better training its employees to recognize and prevent such activity.

“We strive to continuously improve our systems to detect violations of our terms of use,” DraftKings said in a statement to The Associated Press on

Thursday. “In this instance, our systems failed to detect the violation of our terms of use. We have taken corrective action to address that.”

The company declined to comment further and would not make company officials available for interviews.

The case centers on a Florida man who is known as a big-time gambler. He created an online

DraftKings account in 2019, and it was not unusual for him to bet $50,000 on a single game or event.

Aside from their names, the court documents did not release any identifying information on the man or his friend, including their hometowns, and the AP could not locate them to seek comment.

DraftKings became aware that the Florida man’s account was being accessed by a proxy user when it was signed into from Florida, and then New Jersey within a matter of minutes, according to geolocation data cited in court documents. The company issued him a written warning.

But it also verbally informed the Florida man

CALL 502-2394 TO ADVERTISE IN THE TRIBUNE TODAY!

and the friend who was doing the proxy betting for him that they could still do so provided the friend waited at least two hours after the Florida man had last used the account in order to make a bet, according to court documents.

New Jersey authorities also said the Florida man was a guest of DraftKings at the Super Bowl in Miami in February 2020 from their company suite, during which he bet on the game through his friend in the presence of and with the knowledge of DraftKings personnel.

Regulators also said DraftKings was aware of the Florida man and his friend using the same arrangement to make bets in Pennsylvania once that state approved DraftKings to offer online sports betting.

The company suspended his account in October 2020 for proxy gambling.

NOTICE

NOTICE is hereby given that JULIASSA ROSEGERLANDE PIERRE of Governor’s Harbour, Eleuthera, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twentyeight days from the 25th day of February, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

NOTICE

NOTICE is hereby given that DESTIN BENJI of Seabreeze Lane, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twentyeight days from the 4th day of March, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

MARKET REPORT www.bisxbahamas.com

THURSDAY, 3 MARCH 2022

BISX ALL SHARE INDEX: BISX LISTED & TRADED SECURITIES 52WK HI 6.70 40.15 2.05 2.90 2.60 6.05 10.05 3.60 9.02 3.10 7.15 13.00 2.71 10.10 11.06 10.75 15.00 4.00 10.00 16.50

52WK LOW 4.55 32.12 1.46 2.20 1.30 5.50 6.00 2.82 4.25 2.27 5.00 9.75 1.99 6.50 9.50 8.40 13.10 3.42 8.00 15.50

SECURITY AML Foods Limited APD Limited Benchmark Bahamas First Holdings Limited Bank of Bahamas Bahamas Property Fund Bahamas Waste Cable Bahamas Commonwealth Brewery Commonwealth Bank Colina Holdings CIBC FirstCaribbean Bank Consolidated Water BDRs Doctor's Hospital Emera Incorporated Famguard Fidelity Bank (Bahamas) Limited Focol Finco J. S. Johnson

PREFERENCE SHARES 1.00

1.00

1000.00 1000.00 1000.00 1000.00

1000.00 1000.00 1000.00 1000.00

1.00 10.00 1.00

1.00 10.00 1.00

Bahamas First Holdings Preference Cable Bahamas Series 6 Cable Bahamas Series 8 Cable Bahamas Series 9 Cable Bahamas Series 10 Colina Holdings Class A Fidelity Bank Bahamas Class A Focol Class B

CORPORATE DEBT - (percentage pricing) 52WK HI 100.00 100.00

52WK LOW 100.00 100.00

SECURITY Fidelity Bank (Note 22 Series B+) Bahamas First Holdings Limited

CLOSE

CHANGE

%CHANGE

YTD

YTD%

2246.61

0.24

0.01

18.37

0.82

SYMBOL AML APD BBL BFH BOB BPF BWL CAB CBB CBL CHL CIB CWCB DHS EMAB FAM FBB FCL FIN JSJ BFHP CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB SYMBOL FBB22 BFHB

BAHAMAS GOVERNMENT STOCK - (percentage pricing) 115.92 100.00 100.00 100.00 100.00 100.00 100.00 102.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.98 100.00

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 96.71 93.97 94.12 91.00 90.95 89.02 89.62 89.00 90.24 90.73

MUTUAL FUNDS 52WK HI 2.50 4.67 2.20 207.86 207.68 1.72 1.83 1.81 1.05 9.37 11.83 7.54 16.64 12.84 10.77 10.00 10.43 14.89

52WK LOW 2.11 3.30 1.68 164.74 116.70 1.68 1.73 1.75 1.01 6.41 7.62 5.66 8.65 10.54 9.57 9.88 8.45 11.20

Bahamas Note 6.95 (2029) BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-7Y BGRS FX BGR106036 BGRS FX BGR117037 BGRS FX BGR118037 BGRS FX BGR125238 BGRS FX BGR127139 BGRS FX BGR127149 BGRS FX BGR129249 BGRS FX BGR131249 BGRS FX BGR132249 BGRS FX BGR136150

BAH29 BG0107 BG0207 BG0130 BG0230 BG0307 BG0330 BG0407 BSBGR1060361 BSBGR1170376 BSBGR1180375 BSBGR1252380 BSBGR1271398 BSBGR1271497 BSBGR1292493 BSBGR1312499 BSBGR1322498 BSBGR1361504

LAST CLOSE 5.30 39.95 2.04 2.31 2.49 6.05 9.50 3.30 7.99 2.82 7.15 13.00 1.95 10.06 11.37 10.75 15.00 3.93 9.85 15.50 1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00 LAST SALE 100.00 100.00 107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 89.62 100.00 100.00 100.00

CLOSE 5.30 39.95 2.04 2.31 2.49 6.05 9.50 3.30 7.99 2.82 7.15 13.00 1.97 10.06 11.65 10.75 15.00 3.93 9.85 15.50 1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 52wk-Hi - Highest closing price in last 52 weeks 52wk-Low - Lowest closing price in last 52 weeks Previous Close - Previous day's weighted price for daily volume Today's Close - Current day's weighted price for daily volume Change - Change in closing price from day to day Daily Vol. - Number of total shares traded today DIV $ - Dividends per share paid in the last 12 months P/E - Closing price divided by the last 12 month earnings

VOLUME 1,500

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CLOSE 100.00 100.00

CHANGE 0.00 0.00

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 89.62 100.00 100.00 100.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund CFAL Global Equity Fund Leno Financial Conservative Fund Leno Financial Aggressive Fund Leno Financial Balanced Fund Leno Financial Global Bond Fund RF Bahamas Opportunities Fund - Secured Balanced Fund RF Bahamas Opportunities Fund - Targeted Equity Fund RF Bahamas Opportunities Fund - Prime Income Fund RF Bahamas International Investment Fund Limited - Equities Sub Fund RF Bahamas International Investment Fund Limited - High Yield Income Fund RF Bahamas International Investment Fund Limited - Alternative Strategies Fund Colonial Bahamas Fund Class D Colonial Bahamas Fund Class E Colonial Bahamas Fund Class F

MARKET TERMS

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.28 0.00 0.00 0.00 0.00 0.00

(242) 323‐2330 (242) 323‐2320 EPS$ 0.239 0.932 0.000 0.140 0.070 1.760 0.369 -0.438 0.140 0.184 0.449 0.722 0.102 0.467 0.646 0.728 0.816 0.203 0.939 0.631 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

VOLUME

DIV$ 0.170 1.260 0.020 0.080 0.000 0.000 0.260 0.000 0.000 0.120 0.220 0.720 0.434 0.060 0.328 0.240 0.540 0.120 0.200 0.610 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

INTEREST Prime + 1.75% 6.25% 6.95% 4.50% 4.50% 6.25% 6.25% 4.50% 6.25% 4.25% 5.40% 5.20% 5.22% 5.00% 5.00% 5.50% 5.55% 5.60% 5.65% 5.69%

NAV 2.50 4.67 2.20 204.67 199.97 1.72 1.83 1.81 1.01 9.37 11.79 7.54 15.94 12.47 10.74 N/A 10.43 14.89

YTD% 12 MTH% 0.34% 4.30% -0.06% 5.21% 0.21% 2.72% 1.37% 3.18% 8.18% 14.94% 0.26% 2.76% 0.36% 2.37% 0.28% 2.51% -1.31% -3.43% -0.02% 10.36% -0.33% 18.23% 0.22% 3.05% -3.89% 14.76% -1.04% -2.57% 0.81% 4.20% N/A N/A 3.00% 25.60% 7.90% 48.70%

P/E 22.2 42.9 N/M 16.5 N/M N/M 25.7 -7.5 57.1 15.3 15.9 18.0 19.3 21.5 18.0 14.8 18.4 19.4 10.5 24.6 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

YIELD 3.21% 3.15% 0.98% 3.46% 0.00% 0.00% 2.74% 0.00% 0.00% 4.26% 3.08% 5.54% 22.03% 0.60% 2.82% 2.23% 3.60% 3.05% 2.03% 3.94% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 7.00% 6.50%

MATURITY 19-Oct-2022 30-Sep-2025 20-Nov-2029 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2022 26-Jun-2045 15-Oct-2022 4-Aug-2036 14-Jul-2037 13-Oct-2037 15-Oct-2038 15-Jan-2039 15-Jan-2049 15-Apr-2049 15-Jul-2049 15-Oct-2049 21-Apr-2050

NAV Date 31-Jan-2022 31-Jan-2022 28-Jan-2022 30-Sep-2021 30-Sep-2021 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Jan-2022 31-Mar-2021 31-Mar-2021 31-Mar-2021

YIELD - last 12 month dividends divided by closing price Bid $ - Buying price of Colina and Fidelity Ask $ - Selling price of Colina and fidelity Last Price - Last traded over-the-counter price Weekly Vol. - Trading volume of the prior week EPS $ - A company's reported earnings per share for the last 12 mths NAV - Net Asset Value N/M - Not Meaningful

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | CORALISLE 242-502-7525 | LENO 242-396-3225 | BENCHMARK 242-326-7333

NOTICE

NOTICE is hereby given that HERMINIO GOMEZ SAMBOY of P.O. Box EE-16816, Seabreeze Lane, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twentyeight days from the 4th day of March, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

NOTICE

NOTICE is hereby given that NATANAEL PIERRE of P.O. Box SB-51086, Dignity Gardens off Carmichael Road, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 25th day of February, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

NOTICE

NOTICE is hereby given that ANNDY JOHNSON of Lyford Cay, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twentyeight days from the 4th day of March, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PAGE 12, Friday, March 4, 2022

THE TRIBUNE

DELIVERY ROBOTS WITH RUSSIAN TIES PULLED FROM 2 US CAMPUSES

By DEE-ANN DURBIN AP Business Writer

TWO U.S. university campuses are losing their food-delivery robots for now because of Russia's invasion of Ukraine.

Grubhub said Thursday that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandexmade food-delivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona. Chicagobased Grubhub said it is

working with both campuses to find alternatives.

Grubhub had been using the robots to deliver food on campus at Ohio State since August. The company launched robot delivery at the University of Arizona last November. The company says it was doing 1,000 deliveries a day between the two campuses.

Yandex is Russia's largest internet search and ride-hailing company. Toby Snuggs, head of sales for the Yandex Self-Driving Group, confirmed the split with Grubhub and said the robots will be sent to other locations outside the

U.S. where Yandex has operations.

"It is a real shame that we can't continue with this great project we embarked on in the U.S. campus space with Grubhub as we all know it was having a really positive impact to the student body," Snuggs said.

Earlier this week, ridehailing giant Uber said it was trying to speed up a planned divestment of its shares in Yandex.Taxi, Yandex's mobility business. Uber holds a 29% stake in Yandex.Taxi, worth about $800 million. Uber said three of its executives who were on Yandex.Taxi's board have also resigned.

THIS Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. On Thursday, March 3, 2022, Grubhub said that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandex-made fooddelivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona. Chicago-based Grubhub said it is working with both campuses to find alternatives.

Photo:Charles Rex Arbogast/AP

THE WEATHER REPORT

5-Day Forecast

TODAY

ORLANDO

High: 85° F/29° C Low: 61° F/16° C

TAMPA

TONIGHT

SATURDAY

SUNDAY

MONDAY

TUESDAY

Winds gradually subsiding

Mainly clear and breezy

Very windy; partly sunny

Mostly sunny and windy

Mostly sunny with winds subsiding

Delightful with plenty of sunshine

High: 80°

Low: 71°

High: 81° Low: 71°

High: 81° Low: 72°

High: 82° Low: 72°

High: 83° Low: 69°

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

83° F

69° F

81°-67° F

82°-70° F

85°-73° F

89°-73° F

High: 87° F/31° C Low: 65° F/18° C

The exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure and elevation on the human body—everything that affects how warm or cold a person feels. Temperatures reflect the high and the low for the day.

N

almanac

E

W

ABACO

S

N

High: 77° F/25° C Low: 71° F/22° C

8-16 knots

S

High: 81° F/27° C Low: 72° F/22° C

8-16 knots

FT. LAUDERDALE

FREEPORT

High: 80° F/27° C Low: 73° F/23° C

E

W S

E

W

WEST PALM BEACH

N

| Go to AccuWeather.com

High: 79° F/26° C Low: 67° F/19° C

MIAMI

High: 81° F/27° C Low: 74° F/23° C

6-12 knots

KEY WEST

High: 79° F/26° C Low: 73° F/23° C

ELEUTHERA

NASSAU

High: 80° F/27° C Low: 71° F/22° C

Forecasts and graphics provided by AccuWeather, Inc. ©2022

High: 78° F/26° C Low: 72° F/22° C

N

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

tiDes For nassau High

Ht.(ft.)

Low

Ht.(ft.)

Today

8:53 a.m.

9:17 p.m.

3.0 2.9

2:46 a.m. -0.5 3:11 p.m. -0.5

Saturday

9:35 a.m.

10:01 p.m.

2.8 2.8

3:32 a.m. -0.4 3:51 p.m. -0.4

Sunday

10:16 a.m.

10:44 p.m.

2.5 2.7

4:18 a.m. -0.2 4:30 p.m. -0.2

Monday

10:58 a.m.

11:29 p.m.

2.3 2.6

5:04 a.m.

5:10 p.m.

0.0 0.0

Tuesday

11:42 a.m.

-----

2.1 -----

5:52 a.m.

5:53 p.m.

0.3 0.1

Wednesday 12:17 a.m.

12:31 p.m.

2.4 1.9

6:45 a.m.

6:40 p.m.

0.5 0.3

Thursday

2.3 1.8

7:43 a.m.

7:34 p.m.

0.6 0.4

1:11 a.m.

1:26 p.m.

sun anD moon Sunrise Sunset

6:30 a.m. Moonrise 6:14 p.m. Moonset

7:54 a.m.

8:18 p.m.

First

Full

Last

New

Mar. 10

Mar. 18

Mar. 25

Apr. 1

CAT ISLAND

E

W

High: 79° F/26° C Low: 73° F/23° C

N

S

E

W

8-16 knots

S

8-16 knots Shown is today’s weather. Temperatures are today’s highs and tonight’s lows.

Statistics are for Nassau through 1 p.m. yesterday Temperature High ................................................... 79° F/26° C Low .................................................... 70° F/21° C Normal high ....................................... 78° F/26° C Normal low ........................................ 65° F/18° C Last year’s high ................................. 87° F/31° C Last year’s low ................................... 67° F/19° C Precipitation As of 1 p.m. yesterday .................................. trace Year to date ................................................. 4.34” Normal year to date ..................................... 3.03”

uV inDex toDay

ANDROS

SAN SALVADOR

GREAT EXUMA

High: 78° F/26° C Low: 73° F/23° C

High: 79° F/26° C Low: 75° F/24° C

N

High: 79° F/26° C Low: 72° F/22° C

E

W S

LONG ISLAND

tracking map

High: 80° F/27° C Low: 74° F/23° C

8-16 knots

MAYAGUANA High: 82° F/28° C Low: 76° F/24° C

Shown is today’s weather. Temperatures

CROOKED ISLAND / ACKLINS

are today’s highs and tonight’s lows.

RAGGED ISLAND High: 80° F/27° C Low: 75° F/24° C

High: 80° F/27° C Low: 75° F/24° C

GREAT INAGUA High: 83° F/28° C Low: 76° F/24° C

N

E

W

E

W

N

S

S

8-16 knots

8-16 knots

marine Forecast ABACO ANDROS CAT ISLAND CROOKED ISLAND ELEUTHERA FREEPORT GREAT EXUMA GREAT INAGUA LONG ISLAND MAYAGUANA NASSAU RAGGED ISLAND SAN SALVADOR

Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday: Today: Saturday:

WINDS NE at 8-16 Knots E at 12-25 Knots NE at 8-16 Knots ENE at 10-20 Knots ENE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots E at 12-25 Knots NE at 8-16 Knots ENE at 12-25 Knots NE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots ENE at 12-25 Knots ENE at 8-16 Knots ENE at 10-20 Knots NE at 8-16 Knots ENE at 12-25 Knots NE at 8-16 Knots ENE at 12-25 Knots

WAVES 3-5 Feet 5-9 Feet 1-2 Feet 1-3 Feet 3-6 Feet 6-10 Feet 3-5 Feet 5-9 Feet 3-6 Feet 6-10 Feet 1-3 Feet 2-4 Feet 1-2 Feet 1-3 Feet 2-4 Feet 4-8 Feet 2-4 Feet 4-8 Feet 3-6 Feet 6-10 Feet 1-3 Feet 2-4 Feet 1-3 Feet 4-8 Feet 2-4 Feet 3-5 Feet

VISIBILITY 10 Miles 10 Miles 7 Miles 10 Miles 10 Miles 10 Miles 6 Miles 8 Miles 9 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 6 Miles 5 Miles 9 Miles 8 Miles 5 Miles 8 Miles 8 Miles 10 Miles 6 Miles 9 Miles 10 Miles 10 Miles

WATER TEMPS. 75° F 75° F 77° F 76° F 79° F 79° F 80° F 80° F 77° F 77° F 77° F 76° F 78° F 78° F 81° F 81° F 80° F 79° F 79° F 79° F 79° F 79° F 80° F 79° F 78° F 78° F