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Friday, August 28, 2026
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Cabbage Beach fence will come down, says Ministry of Tourism BY ANNELIA NIXON TRIBUNE BUSINESS REPORTER anixon@tribunemedia.net A CONTROVERSIAL fence erected at Cabbage Beach for a private development is to be removed following government intervention, with vendors and watersports operators fearing the construction could threaten their livelihoods and restrict access to the popular beach. The Ministry of Tourism said it was “deeply regrettable” that the developers proceeded with the erection of the fence despite being asked to engage further with the government before beginning the work. It said an initial meeting had been held with the developers, during which their plans for the area were outlined. The parties
Vendors fear economic displacement at beach
subsequently agreed that ministry representatives and the developers would conduct a site walk-through to examine the proposed works and better understand their potential impact on vendors. However, that site visit never took place. The ministry said that when it was later informed that work was set to begin, the developers were again asked to meet before proceeding so there could be a clear understanding of how the work would be carried out and how affected vendors would be accommodated. “Regrettably, the fence was erected before that further
engagement occurred,” the ministry said. The Ministry of Tourism has now been advised, following intervention by the Department of Environmental Planning and Protection (DEPP), that the fence will be removed. The removal will allow discussions between the developers, the Ministry of Tourism, DEPP and affected vendors to continue on an appropriate way forward, including how vendors can be accommodated while addressing DEPP’s concerns about protecting the area from beach erosion. The development had sparked concern among
vendors and jet ski operators who said the fence appeared to be extending into areas where they conduct business and could ultimately reach the entrance used by tourists, including cruise passengers. They were also concerned that they would be forced to operate much closer to the shoreline, where some vendors said they could not safely conduct their businesses. Freetown MP Lincoln Deal intervened after receiving complaints from vendors in his constituency and said fencing work had been paused following his contact with the
The FRC said this suggests a $119.5m reduction in debt, but the medium-term fiscal and debt outlook contained in the FSR projects a larger $289.8m reduction by the end of FY2026/27. "The FRC is of the view that a revision of the debt projections in the medium-term fiscal outlook is necessary," the council said. The council also raised concerns about the absence of a medium-term financing forecast in the Fiscal Strategy Report itself. It noted that the FSR does not provide a medium-term debt financing outlook, despite the Draft Estimates containing borrowing and repayment projections.
The FRC said the absence of financing forecasts represented non-compliance with the Public Finance Management Act's requirement for the Fiscal Strategy Report to include "a summary of the sources of budget financing." It said disclosure of projected medium-term financing is "a core feature that aligns with the principle of fiscal transparency." The discrepancy comes as the Government targets a substantial reduction in its debt burden over the medium term. The Fiscal Strategy Report projects Central Government debt declining from
TAXI operators who depend heavily on Cabbage Beach for cruise ship passenger business say the closure of access to the popular Paradise Island beach could deliver a significant blow to their livelihoods, with some estimating they could lose as much as 70 percent of their business. The concerns come as taxi drivers say Cabbage Beach remains one of the most requested destinations among cruise ship passengers, many of whom have limited time on the island and prefer the beach because of its proximity to the cruise port. Keith Smith, a taxi driver, said the loss of easy access to Cabbage Beach would make it increasingly difficult for drivers to provide beach excursions to cruise passengers. He said other beach access points on Paradise Island have also been closed, leaving taxi operators with fewer options when passengers request a nearby beach. “A lot of us taking them to Cable Beach now, which is further out,” Mr Smith said. “Sometimes tourists, they be on the beach having a good time, pineapples and stuff. When they check the time, they run down off the beach and say, ‘We got to leave now. The boat is going to leave.’ It’s real tough. It’s real hard.”
FISCAL - See Page B5
ACCESS - See Page B2
FRC flags mismatch in Govt’s debt forecast BY FAY SIMMONS TRIBUBE BUSINESS REPORTER jsimmons@tribunemedia.net THE FISCAL Responsibility Council has flagged a mismatch between the Government's debt forecasts and its actual borrowing and repayment plans, raising questions about how quickly public debt can be reduced over the medium term. The FRC found that the Government's financing figures imply a net reduction in
liabilities of $119.5m during FY2026/27, while its medium-term fiscal and debt outlook projects a $289.8m reduction in Central Government debt over the same period. The figures are contained in the Fiscal Strategy Report FRC assessment. Draft Estimates of Revenue and Expenditure provide for $934.5m in borrowing during FY2026/27 against $1.054bn in debt repayments, resulting in net incurrence of liabilities of negative $119.5m.
Govt warned ‘shortterm liquidity support’ is now longer term debt BY FAY SIMMONS TRIBUNE BUSINESS REPORTER jsimmons@tribunemedia.net GOVERNMENT loans to Bahamas Power & Light accounted for $241.5m of the $631.4m owed by public entities at end-March, as the Fiscal Responsibility Council warned that some supposedly short-term liquidity support has effectively become longer-term debt. The FRC, in the recent Fiscal Strategy Report warned that while the Government's Public
Expenditure and Fiscal Unit does not identify loans to public entities as a source of fiscal risk, defaults — including in the short term — could affect the Government's fiscal position. The council highlighted the Government's need to frontload Central Government borrowing to meet operational obligations during the first six months of any given financial year, noting this made the continued lending to public entities a potential budgetary concern.
EXPOSURE - See Page B5
Securities Commission imposes $221.7m penalties over two years BY FAY SIMMONS TRIBUNE BUSINESS REPORTERS jsimmons@tribunemedia.net THE SECURITIES Commission of The Bahamas has imposed more than $221.7m in administrative penalties over the past two years as it shifts from a predominantly remediation-led approach to a more aggressive financial enforcement regime, while reporting a sharp decline in AML/CFT/ CPF deficiencies found during examinations. The Commission’s AML/ CFT/CPF Activity Report for 2021–2025 said it
concluded 68 administrative penalties in 2024 and 2025, including 43 in 2024 and 25 in 2025, after imposing no administrative penalties during the first three years of the review period. Penalties imposed totalled $221.57m in 2024 and $142,650 in 2025, with the vast majority of the 2024 figure tied to a single $221.1m settlement involving the joint official liquidators of FTX. The Commission said the move to administrative penalties represented a deliberate progression from
PENALTIES - See Page B4
Govt intervention forces fence removal
Closing public access to Cabbage Beach would be major blow, say taxi drivers
Developers halted after government intervention
FENCING - See Page B2
Cabbage Beach access threatens livelihoods Drivers estimate losses of up to 70 percent BY ANNELIA NIXON TRIBUNE BUSINESS REPORTER anixon@tribunemedia.net
PAGE 2, Friday, August 28, 2026
The Cabbage Beach access saga is a long and complicated story By Ed Fields former SVP Public Affairs, Atlantis THE Cabbage Beach Story is a complicated one and has been building to where it is for a very long time. My recounting of events below is just that, a history to the best of my recollection. I first became aware of the Cabbage Beach Vendors in 2003. There was some sort of altercation on the beach and in my capacity then as Vice President of Public Affairs at Atlantis, we came to understand that the Ministry of Tourism was issuing licences to vendors for a range of purposes including hair braiding, selling drinks and renting umbrellas and chairs. At that time, if I recall, there were only 23 vendors. Apparently, the Ministry of Tourism was under the impression that Cabbage Beach was a public Beach. It was not. In fact there is no publicly owned property on Paradise Island, other than where the bridge landing is, which had to be conveyed to the government of The Bahamas for that purpose.
Under the laws of The Bahamas, any beach up to the median high water mark is owned by the property owner who owns the land that abuts that beach. Hence public baches like Saunders Beach, Montague Beach, Goodman’s Bay, Junkanoo Beach and others are public beaches. In and around 2003, I met with the Ministry of Tourism and the Valuation Department (now the Department of Inland Revenue) on behalf of Atlantis and it was agreed that we
Taxi operators face growing port pressures ACCESS - from page B1 Mr Smith estimated that his taxi business from cruise ship passengers could decline by between 40 and 45 percent if access to Cabbage Beach is lost. While some passengers are willing to visit other beaches, he said others specifically request Cabbage Beach because of its reputation and convenience. “Some people don’t want to go there. And they so used to Cabbage Beach, they don’t want to go out there,” he said. For taxi operators, the beach is not simply a destination but an important component of the tours they sell. “Most of the time, when you do a tour, sometimes taxi drivers go on a sightseeing tour, and they include the beach also to get the tour,” Smith said. “The closest thing would be for them is to come here.” Cliff Rolle, who has been a taxi driver since 2009, said Cabbage Beach is prominently featured in advertisements promoting The Bahamas and is consequently one of the locations visitors frequently request.
“And that’s the one beach that most of the guests come and ask for,” Mr Rolle said. He estimated that between 50 and 70 percent of his business comes from Cabbage Beach. “With the guests coming here and asking for this one particular location, and with them shutting off the access, they’re basically cutting off our feet when it comes down to our livelihood,” he said. Mr Rolle also argued that public access to the country’s beaches should remain a priority as development continues. “I am all for development and moving forward, but the majority rules,” he said. “That’s us, the people. So you cannot be taking the minority consideration because they have the funding to back them, and putting the majority at a disadvantage where they can no longer provide for their families.” Ricardo Fowler similarly estimated that roughly 60 to 70 percent of his business comes from Cabbage Beach, while noting that some drivers depend on the location for as much
Vendors warn development threatens livelihoods FENCING - from page B1 developer and government officials. “There’s a lot of residents from the Freetown constituency that work on this beach and have been working on this beach for decades,” Mr Deal said. “Cabbage Beach is a public beach, and public beaches are for Bahamians. There are laws in place as it relates to beaches, and if you look at where that fence is, it’s well ahead of the high water mark.” Mr Deal said the issue was particularly important because vendors depend on the beach for their livelihoods. “You have Bahamians out here who make their bread and butter, their livelihoods being disenfranchised, and I stand with the vendors,” he said. “I want to ensure that they’re able to continue to conduct their business once it’s within the law.” He said vendors should be able to operate provided they are properly certified, licensed and complying with the law. “You can’t erect a fence almost to the waterline and expect these vendors to be able to make a living,” Mr Deal said. “You’re basically
boxing out the beach, and you’re crowding the beach.” Rashonda Key, owner of Caribbean Spot, said the beach business has enabled her to support her family as a disabled entrepreneur. “I’m a disabled boss,” she said. “So I can’t walk, and no way I going close to the ocean because I can’t swim. We can’t operate no services from by that shoreline.” Ms Key said vendors received little warning before the fencing work began and feared their equipment could have been locked behind the fence had construction continued. “When they put up the pole by the shoreline, they didn’t have any respect for us,” she said. “They didn’t even tell us anything. All we see is them putting the fence around all our stuff.” She estimated that about 30 vendors remain on the beach, down from more than 100 in previous years. “I feel like they shouldn’t do this to us,” she said. “I feel like they should allow us to work. Or if you want to take our job, find somewhere to put us.” Alexis Lloyd, who has operated a chair and umbrella business on Cabbage Beach for 26 years and also provides souvenirs, towel rentals and watersports, said the fence
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would grandfather the 23 vendors that had been conducting on the beach for several years and that the Ministry of Tourism and the Valuation Department would not issue any more licences to allow for vending on Cabbage Beach. Any person wishing to do business on the beach had to have a letter from Atlantis allowing it. As is the case now, anyone seeking a business licence must show ownership or a lease. In 2012, another altercation happened on Cabbage
Beach and it was then discovered that contrary to the agreement, officers at the Ministry of Tourism had issues more licences and the number of vendors had ballooned to 41. After intense negotiations Atlantis agreed to grandfather those 41 vendors under the condition that each vendor had to sign an agreement outlining a code of conduct and that they recognised that the owner of the property had the right to give the notice to vacate. The agreement
was signed by all of the vendors. I recall standing on the beach and saying to the vendors they should be aware that a day would come when the property could be sold and the new owners would wish to develop it void of vendor activity. In 2015 or so, the property was sold as a part of the package that included the sale of the Ocean Club. The new owners immediately indicated that they would wish to develop the property in the future. All of the vendors were served a notice to vacate as the property was sold on the basis of vacant possession. Once the period of notice expired, a fence and gate was erected. What ensued in the way of protest culminated in the march over the bridge to the RIU access to Cabbage Beach, led by the then Delaporte MP and later to become Prime Minister. The fence was torn down. Just after the 2017 election, a sexual assault was reported on Cabbage Beach and the beach was closed down. This led to protest by the vendors. It should be noted that between the
as 80 or 90 percent of their earnings. “How we gone survive?” Mr Fowler said. The potential loss of Cabbage Beach business is occurring against the backdrop of another growing concern among taxi operators: increased competition at the cruise port from livery and independent transportation operators. Neville Toote, who has been a taxi driver for 24 years, said Cabbage Beach has been one of his primary areas of work because of the large number of repeat cruise passengers who are familiar with the destination. “This is one of my primary places of working in the years that I’ve been a taxi driver because a number of persons are familiar with Cabbage Beach,” Mr Toote said. “We receive cruise ships daily, and these persons that are coming here are repeat customers, most of them.” Mr Toote said taxi operators are also facing increased competition at the cruise port from livery drivers, who he claims have increasingly begun soliciting passengers there over the past several months. “We are now experiencing them merging at the cruise ships now,” he said.
“So it’s becoming a growing problem.” Mr Toote argued that livery transportation was intended to be prearranged rather than involve direct solicitation of passengers at the port. “It is intended to be prearranged transportation,” he said. “They are coming now soliciting for hire.” He said the changing transportation environment at the cruise port has left taxi drivers at a disadvantage, with independent tour companies and other transportation providers increasingly meeting cruise passengers before taxi operators. “The challenge that we face especially at the port you have a number of different transportation agencies,” Mr Toote said. “You got Junkanoo, alcohol tours, food tours, smoking tours, all these different tours already poses a challenge for us. “We, as taxi drivers, don’t even have the opportunity to meet these guests initially because the way they have us positioned now. They have all of these independent tour companies meeting the guests first. We are secondary now.” Mr Toote said taxi drivers were originally told they would be positioned toward the rear of the cruise port
to solicit transportation and tour business but said that arrangement never materialised. “When this port initially opened or when they were set to initially open, they had a big meeting at Baha Mar with the taxi drivers explaining to us that we were going to be at the rear of the port,” he said. “We have never yet made it to the back where they were initially supposed to have us placed.” He said drivers are now positioned near the front of the pier, while other transportation providers have access to arriving passengers. Mr Toote acknowledged that some taxi drivers have failed to meet expected standards. “There has been a number of complaints concerning taxi drivers coming from the port, and there have been taxi drivers who have given them sufficient reason to,” he said. However, he argued that government enforcement and training have not kept pace with the expansion of the taxi industry. “It is a fact that we have some drivers that do not follow the rules and the regulations,” Mr Toote said. “But it stems to the root of the problem where, from a government aspect, I feel
like the government agency from Road Traffic itself has fall short on enforcing a number of these rules.” He also raised concerns about the issuance of hundreds of new taxi plates without sufficient training for new operators. “The government just gave out hundreds of plates with no seminar, with no kind of project to say training these people as it relates to transportation and meeting the guests,” he said. Mr Toote said new entrants into the industry need more than a taxi plate; they also need to understand how to conduct themselves as ambassadors for the country. For drivers like Toote, Smith, Rolle and Fowler, the Cabbage Beach dispute could compound existing pressures facing taxi operators already competing for a shrinking share of cruise passenger business. Mr Smith said taxi drivers need government intervention and clarity on what comes next. “Somebody from the government who is in charge need to come and sit down or have a meeting with us, and so we can know if we need to branch out someplace else or what to do,” he said.
could have affected the visitor experience as well as vendors’ incomes. He warned that vendors could stage further protests if the matter was not resolved. “It’ll be more protests,” he said. “You got to be careful when you’re messing with people’s livelihood.” Jet ski operator Mr Major said cruise passengers are an important source of business and that restricting the entrance could prevent tourists from reaching the operators. He said an adequate pathway would be necessary if access is changed. “We normally depend on people from the cruise ship sometimes,” he said. “But how the fence getting in our way it becoming a problem now because it stopping the guests from coming down to us. This how we feed our kids and this our daily bread. This what we depend on, the cruise ship people.” Tatiana Key, a mobile vendor who sells beach wraps and bags and provides hair-braiding services, said she has worked on Cabbage Beach since childhood. “I’ve been on this beach from I was a little girl growing up because my mommy became a hair braider in 1989,” she said. “So I grow up on this beach. It’s the only job I know. I have never had another job.” Ms Key said vendors feared being pushed outside
the fence and forced to operate at the waterline. “They want us outside the fence, so that’s by the water line,” she said. “They want us to set up in the water.” She said the uncertainty was particularly concerning with the new school year approaching. “Most of us out here as women, I could speak for, we’re single mothers,” she said. “School is about to open. Both of my kids go to private [school]. We have school lunch to buy, books to buy. We ain’t know how we gone make it.” The advocacy group Dis We Beach has also called on the government to investigate the fencing and protect public access to Cabbage Beach and the livelihoods of vendors. The group said vendors arrived to find fencing being erected in areas where they operate and were told they could face arrest if they interfered with construction. It also said a sign at the entrance declared the beach temporarily closed. Dis We Beach founder Selina Archer said the situation demonstrates the need for stronger laws protecting public beach access. “Bahamians should not have to rely on promises from developers, individual agreements or public pressure to protect access to our beaches,” she said. “The government must establish laws that clearly protect public access, the foreshore
and the rights of Bahamians who depend on these spaces for their livelihoods.” Dis We Beach said while the foreshore between the high- and low-water marks is public under the Bahamas Public Parks and Public Beaches Authority Act, the legislation does not guarantee access routes to beaches. The group is calling for an investigation into whether the fencing violated public rights, protection for affected vendors, enforcement of existing beach protections and legally protected and mapped access points across the country. The Ministry of Tourism stressed that the government’s priority is to ensure Bahamians continue to benefit economically from the country’s tourism industry.
“We will have zero tolerance for the economic displacement of Bahamians whose livelihoods depend on participation in the tourism economy,” the ministry said. It also reminded the developers of their commitment to compensate affected vendors where appropriate and to ensure Bahamians share in the economic opportunities and spin-off benefits generated by the development. “Environmental protection and economic opportunity can and must coexist,” the ministry said. “The way forward requires consultation, cooperation and a solution that protects the beach while safeguarding the livelihoods of Bahamians.”
ED FIELDS time that the fence was torn down and when it was closed in 2017 after the sexual assault, additional vendors had populated the beach. When it was reopened, without consultation, consent or knowledge of the new owners, an increased number of vendors were given permission to be on the beach by the Ministry of Tourism. Another vey important point to take note of is that the access to Beach adjacent to RIU was always allowed by permission of the owner and it was primarily for access for recreational beach activity. The public debate on access has always conflated access for recreation with access for commercial activity. So here we are now, the developers wish to develop, the vendors wish to vend and as both parties have been given permission to conduct business, the quagmire persists.
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Friday, August 28, 2026, PAGE 3
Succession planning in a business I
magine a thriving business as a beautifully conducted symphony. The music flows perfectly, the audience is captivated, and every note lands just right. But what happens if the maestro suddenly has to step away mid-performance? Without a clear plan for who takes the baton, that stunning harmony can quickly dissolve into chaotic noise. Surprisingly, many modern boardrooms treat succession planning as a distant administrative chore rather than an immediate strategic priority. In today’s fast-paced economic landscape, waiting for an unexpected crisis to think about tomorrow is a high-stakes gamble. True succession planning is a deeply thoughtful strategy that secures operational stability, protects a brand's hard-earned reputation, and honors the trust of shareholders and employees alike. When a key leader departs unexpectedly whether due to sudden retirement, a career pivot, or health reasons, the immediate fallout can deeply shake an unprepared organization. By establishing clear, pre-vetted pathways for
leadership long before a vacancy ever opens, a firm sends a warm, reassuring signal to investors and clients alike. It proves that the business is stable, mature, and structurally built to weather any unexpected storm. Building an effective leadership pipeline requires a proactive, highly collaborative methodology. First, executive teams must look across all levels of the organization to identify critical nodes of operational vulnerability, moving far beyond just the standard positions. Likewise, true organizational readiness, however, requires continuous investment in employees. With this in mind, the greatest hurdle to successful planning is often deeply human rather than technical. And sometimes, long-tenured founders can sometimes feel a natural, psychological reluctance to contemplate stepping aside, misinterpreting a succession plan as a forced exit rather than a beautiful evolution. Furthermore, keeping these transition plans shrouded in secrecy can breed unnecessary anxiety and counterproductive office politics. Openness and transparency are vital.
When a company clearly and warmly communicates its internal advancement paths, it dramatically boosts employee retention and builds a vibrant culture of experts and high performers. Ultimately, succession planning should be embraced as a continuous, dynamic governance duty, rather than a static,
one-time project. It marks the beautiful transition from a fragile, leader-dependent entity into a resilient corporate institution capable of thriving across generations. Besides, in a global economy defined by constant change, the businesses that achieve enduring longevity are those that tend to warmly and systematically invest in refining their next
generation of leaders today. Until we meet again, live life for memories rather than regrets, enjoy life and stay on top of your game. • Deidre M. Bastian is a Brand Marketing Analyst/ Graphic Designer, International Award-winning Author and Certified Life Coach.
By
DEIDRE
BastiaN
PAGE 4, Friday, August 28, 2026
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screening Sunshine Finance seek new president Sanctions remains key weakness as incumbent elevated to CEO PENALTIES - from page B1
BY FAY SIMMONS TRIBUNE BUSINESS REPORTER jsimmons@tribunemedia.net SUNSHINE Finance is splitting its top executive responsibilities, elevating President Rosel Moxey to chief executive officer while launching a search for a new president to take over the company’s daily leadership. The move was announced yesterday by Sunshine Holdings chairman Sir Franklyn Wilson in a letter to staff outlining two significant changes within the group’s executive leadership team. Sir Franklyn said Mrs Moxey’s transition follows approximately 13 years as president, during which Sunshine Finance “has experienced substantial growth and transformation”. He said the company has materially expanded its lending services, product offerings and customer base, established itself as a leader in private lending in The Bahamas, achieved multiple
record profitability results and maintained a strong record of staff retention and corporate citizenship. Sir Franklyn described the transition as being undertaken “from a position of strength”, saying it is intended to build on the company’s achievements while providing continuity in its leadership, values and strategic direction. As CEO, Mrs Moxey’s responsibilities will increasingly centre on corporate strategy, major growth opportunities, institutional relationships, Board engagement and shaping the company’s longer-term direction. She will also become more involved in strategy at the holding company level. The group will now begin searching for a new president of Sunshine Finance, with the successful candidate expected to assume primary responsibility for the company’s day-to-day leadership, management,
execution and financial performance. Sir Franklyn said the president will work closely with Mrs Moxey and the broader executive leadership team to maintain operational continuity, strengthen the management structure and deliver agreed results within the company’s established governance framework. “This leadership model will allow Sunshine Finance to retain the benefit of Rosel's experience and strategic guidance while introducing additional executive capacity to support continued expansion and long-term success,” he said. The leadership reshuffle also includes the planned departure of Annie-Laurie Munroe, vice president of Human Resources and Corporate Culture, who will step down at the end of September to pursue academic study full time. The company said recruitment for a permanent successor is already underway and that it is
committed to maintaining continuity across its human resources services during the transition. Ms Munroe has spent 13 years with the organisation, including 10 years as in-house counsel for Arawak Homes Ltd and the past three years leading the group’s human resources and corporate culture portfolio. Sir Franklyn credited her with helping strengthen the group’s compliance framework, advance its human-capital priorities and foster a supportive organisational culture. He said the two leadership changes reflect the group’s “ongoing commitment to thoughtful succession planning, leadership continuity and sustainable growth across the Group.” Staff have also been invited to recommend candidates for both executive positions, with recommendations to be treated in strict confidence.
remediation-led supervision to an active penalty regime, while stressing that remediation continues independently of enforcement action. “From 2024, with the quantification methodology and settlement framework fully operational, the Commission moved decisively to administrative penalties,” the report said. The enforcement figures come as the regulator points to evidence that its increased supervisory activity is also producing fewer compliance deficiencies across the regulated population. The number of categorised AML/CFT/CPF findings per examination fell from a peak of 7.7 in 2022 to 5.4 in 2023, 4.4 in 2024 and 3.3 in 2025. That decline occurred even as the Commission substantially increased the number of examinations it completed, from 31 in 2021 to 76 in 2025. Across the five-year period, the Commission concluded 240 examinations covering 240 distinct licensees and
registrants. Of those, 172 were routine examinations, 64 were thematic and four were for-cause examinations. The Commission said the falling number of findings per examination indicated strengthening compliance, particularly because the regulator was increasing the intensity of its examinations. “Fewer deficiencies are being found per examination even as examinations look harder,” the report said. The regulator also reported a 100 percent remediation rate for AML/ CFT/CPF findings identified between 2021 and 2024, with all 814 findings identified over those four years fully remediated and none escalated to enforcement for non-remediation. Findings identified in 2025 remain within their prescribed remediation timelines. Despite the overall improvement, sanctions screening emerged as the most frequently identified compliance weakness during the period. Targeted financial sanctions and sanctions-screening breaches rose from 81 in 2022 to 74 in 2023, 104 in 2024 and 105 in 2025. The Commission said sanctions screening was the most frequently identified category across the period, reflecting the intensity with which those obligations are examined. Other recurring deficiencies included customer identification and verification, suspicious transaction reporting obligations, risk assessments and risk ratings, training, ongoing monitoring, and policies and procedures. At the same time, suspicious transaction reporting by the Commission’s supervised population reached a five-year high of 490 reports in 2025, up from 280 in 2024 and 68 in 2023. Securities industry firms accounted for 280 of the 2025 reports, while digital asset registrants accounted for another 206. The report cautioned that the 2022 spike to 426 reports was heavily event-driven, with 330 reports relating to the collapse of a single digital asset exchange. The Commission said the more recent increase in reporting reflects both the expansion of the supervised digital asset population and intensified supervisory attention to reporting obligations. The regulator’s heightened enforcement activity comes alongside tighter controls over who can enter the regulated market. Between 2021 and 2025, the Commission concluded more than 2,600 authorisation decisions across its four regulatory regimes, approving applications both outright and subject to conditions. Twenty applications were refused during the period, 19 of them on fit-and-proper grounds. The Commission said some refusal cases involved beneficial ownership deficiencies as well as sanctions or adverse-media screening concerns identified through its due diligence process. The report said the figures demonstrate that authorisation is operating as a genuine control on entry to the market, rather than simply an administrative approval process. The Commission also handled 399 due diligence requests from and to domestic and foreign counterparts over the five-year period, including 23 involving virtual asset service providers. The regulator said its enforcement framework is now set to become even more stringent in 2026, when financial penalties for AML/ CFT/CPF breaches will be assessed on an extrapolated basis where sample-based examination testing identifies deficiencies across a licensee’s client population. The approach is intended to strengthen deterrence against recurring deficiencies by applying examination results across the wider client population rather than limiting penalties to the individual breaches identified in a sample. The Commission said its 2026 supervisory programme will also place greater emphasis on higher-risk entities, digital asset registrants, self-risk assessments, knowyour-customer controls, politically exposed persons, reporting obligations and ongoing monitoring.
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Friday, August 28, 2026, PAGE 5
Council questions Govt debt reduction plans FISCAL - from page B1
Council warns shortterm BPL loans linger EXPOSURE - from page B1 The FRC noted that while the loans have been described as short-term liquidity support, some balances have been carried over from at least end-June 2024 through end-March 2026. One such balance was $241.5m outstanding for Bahamas Power & Light Company Limited and Bahamas Electricity Corporation at end-March 2026. The report also separately identifies other lending to Bahamas Power & Light, which increased from $140m at end-June 2024 to $204m at end-March 2026. The distinction is important because the report’s $241.5m figure relates to the balance identified for BPL and Bahamas Electricity Corporation, while the $204m figure is described separately as other lending to BPL. The FRC said short-term liquidity lending is “typically designed to address immediate working capital needs and generally feature repayment terms of less than one year.” The council questioned whether balances that remain outstanding for multiple years should continue to be treated as short-term liquidity support. “The FRC is of the view that this lending represents a source of risk to the Government’s budget,” the council said. It added that “obligations extending beyond the standard one-year period for short-term lending, constitutes longer term debt.” The warning means the FRC is effectively drawing attention to the duration of Government’s support to public entities, rather than simply the size of the lending. The council said the Government’s exposure becomes more significant where public entities are unable to repay loans, potentially leaving the Treasury responsible for covering the resulting shortfall. The FRC’s concerns form part of its assessment of fiscal risks in the Fiscal Strategy Report 2026, which considers the potential impact of public entity lending on the Government’s overall fiscal position. The council also raised wider concerns about the financial position and reporting of State-Owned Enterprises. It noted that its SOE risk assessment was limited to nine of the Government’s 32 public agencies and Government Business Enterprises because of data availability constraints. The FRC described the risk assessment as “critically important” to ensuring that SOE financial performance is incorporated into the Government’s overall fiscal profile. The council recommended that Government strengthen the framework for monitoring and holding SOEs accountable for their financial reporting obligations. The lending issue comes as the Government continues to provide financial support to the energy sector. In its assessment of the FY2026/27 budget, the FRC also warned that the Government’s acquisition of the Grand Bahama Power Company would result in increased fiscal exposure requiring
“ongoing monitoring and assessment.” The FRC acknowledged that Government support for public entities can be important to maintaining essential services, but warned that lending
which remains outstanding beyond the normal one-year period should be recognised as a longer-term fiscal obligation. The council’s assessment therefore raises questions about how the Government’s public entity lending is classified and reflected in its broader fiscal-risk and debt management framework.
$11.387bn, or 64.6 percent of GDP, at end-FY2025/26 to $10.487bn, or 52.2 percent of GDP, by end-FY2028/29. The Government ultimately aims to reduce debt to 50 percent of GDP or less by FY2030/31. However, the FRC said another debt projection in the Government’s fiscal documents was also inconsistent. Its assessment noted that the debt sustainability analysis in FSR 2026 produces medium-term debt projections that are not consistent with the projections provided in the report’s medium-term fiscal outlook. The FRC said the debt sustainability analysis projects debt-to-GDP falling below 50 percent to 49.1 percent by end-FY2028/29 and further to 39.9 percent by end-FY2030/31, but noted that those projections
are not consistent with the medium-term fiscal outlook contained in the FSR. The council nevertheless acknowledged Government’s use of sinking-fund contributions as a way of building liquidity buffers to manage refinancing risk. Government has programmed annual contributions of $46.5m to the sinking fund over the medium term to help meet upcoming debt maturities. The debt discrepancies come alongside broader concerns about Government obligations. The FRC’s Fiscal Strategy Report assessment identifies Government guarantees, public-private partnerships, State-Owned Enterprises, pension obligations and payment arrears as fiscal risks that could affect the Government’s overall position. Payment arrears, in particular, stood at $241.8m at
end-December 2025, compared with $122.4m a year earlier. The FRC said arrears “can pose a particular risk to the Government if unaccounted for in fiscal forecasts” and recommended that implementation of accrual-based accounting to improve reporting and monitoring be prioritised. The council’s findings leave the Government with a clear need to reconcile its debt projections across the Fiscal Strategy Report, budget financing documents and debt sustainability analysis as it seeks to demonstrate a sustained decline in the country’s debt burden.
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Tech stocks lead Wall Street after Nvidia, Salesforce and others say AI is creating big growth By STAN CHOE AP Business Writer TECHNOLOGY stocks led Wall Street on Thursday after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected. The S&P 500 rose 0.7% and pulled closer to its alltime high set earlier this month. The Dow Jones Industrial Average added 105 points, or 0.2%, and the Nasdaq composite climbed 1.6%. Nvidia was the strongest force pulling the market higher, and the chip giant rallied 8.7% after once again delivering stronger profit and revenue for the latest quarter than analysts expected. More importantly for Wall Street, it also gave forecasts for upcoming revenue growth that topped analysts’ estimates, suggesting demand remains strong for chips to power artificial-intelligence projects. “AI has reached its inflection point,” Nvidia CEO Jensen Huang said. “It’s doing useful work. Its tokens are productive and profitable.” That helped calm some of the worries that have built around AI stocks generally, which have been under pressure recently. After rocketing higher for years because of the frenzy around AI, stocks in the industry are confronting skepticism that they shot too high and that booming demand for AI chips may fade if the AI revolution does not produce as much profit as promised. Another big tech company, Salesforce, jumped
22.6% after it said that AI helped it deliver one of its best quarters in history. It reported stronger profit than analysts expected, and CEO Marc Benioff said it’s “seeing incredible demand for our AI and data products” and that it’s “turning AI into customer success at unprecedented scale.” Salesforce, which helps companies manage their customers’ data, also raised
TANZANIA’S governing party expelled the vice president who resigned this week, in an act of retaliation that will further test the credentials of the East African nation as a place of relative peace and stability. A meeting of the Chama cha Mapinduzi, or CCM,
could see higher-income households become new customers as they look for less expensive places to shop. Dollar General rose 2.5% after reporting a stronger profit for the latest quarter than analysts expected. But rival Dollar Tree sank 3.9% despite blowing past profit expectations. More attention may have been on its forecasted range for an important underlying measure of revenue, whose
midpoint fell short of analysts’ expectations. All told, the S&P 500 rose 55.29 points to 7,730.99. The Dow Jones Industrial Average added 105.56 to 53,569.44, and the Nasdaq composite rose 411.16 to 26,541.35. In the bond market, Treasury yields ticked higher following a report suggesting the U.S. job market remains solid. Fewer U.S. workers applied for unemployment benefits
October, when the security forces were deployed to put down riots over the disqualification of the president’s main rivals. The internet was shut down for days, a move that Hassan later apologized for and promised would never happen again. Hassan’s main rival, Tundu Lissu, is jailed over treason charges he says are politically motivated. Nchimbi said that his resignation would take effect Sept. 4 and that he would remain “a good citizen” of his country. His decision has shocked many in a country where stability is prized under the
one-party rule of CCM. Some analysts say he disagreed with Hassan over governance and other issues stemming from the government’s brutal crackdown on protests during and after the Oct. 29 election. A postelection inquiry showed 518 people were killed in the violence. The leader of the commission that investigated the violence, Mohamed Chande Othman, said during the release of his report in April that the number of deaths was likely higher, because some families buried their loved ones without taking their bodies to morgues. He recommended an
investigation into the use of firearms, as some of the witnesses told the commission that their loved ones were shot while sitting inside their houses. A version of CCM has ruled Tanzania since independence from Britain in 1961. CCM is fused with the state, effectively in charge of the security apparatus and structured in such a way that new leaders emerge every five or 10 years.
Hassan herself was able to rise to the presidency as vice president in 2021 without incident when her predecessor, John Pombe Magufuli, died suddenly after the start of his second term. The orderly transition sustained Tanzania’s reputation as an oasis of political stability and relative peace, a major reason for CCM’s considerable support, especially among rural voters.
AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable.” Hensen Huang its forecast for revenue over the full year and announced an expanded partnership to pair Anthropic’s Claude chatbot with its platform. It’s notable because Salesforce’s stock struggled earlier on worries that competitors powered by AI could ultimately steal away customers from Salesforce and other software companies. Salesforce’s stock had its best day in six years. Elsewhere, though, trends were more mixed across big U.S. companies, and the majority of stocks within the S&P 500 fell. HP sank 2.9% even though it topped analysts’ expectations for profit and revenue in the latest quarter. Analysts pointed to worries about its sales of personal computers, as well as how higher prices for computer memory and
Tanzania’s resigning vice president expelled from the governing party, deepening test to democracy By RODNEY MUHUMUZA and ALI SULTAN Associated Press
other commodities are pressuring its profit margins. Best Buy and some other retailers sank amid continued worries that U.S. shoppers could be stretched because of high inflation and discouragement about the economy. Best Buy fell 4.4% even though it topped analysts’ expectations for both profit and revenue in the latest quarter. One potential winner from high inflation could be dollar stores, which
last week, an indication that layoffs could be remaining low. The yield on the 10-year Treasury rose to 4.67% from 4.66% late Wednesday. Yields have been largely climbing through the summer on worries about high inflation, the U.S. government’s gargantuan and growing debt and other factors. They got so high that the U.S. Treasury Department made a surprise announcement last week to intervene in the bond market, though analysts say its effect could be limited. The next big event for the bond market will be a speech coming Friday from the chairman of the Federal Reserve, Kevin Warsh. He has been adamant about giving financial markets fewer clues about what the Fed will do in the future with interest rates to control inflation. But the pressure is on him to give clearer guidance. One wild card for inflation has been oil prices, which have been swinging with uncertainty about when the war with Iran will allow oil tankers to freely exit the Persian Gulf again. The price for a barrel of Brent crude, the international standard, rose 1.8% Thursday to $88.52. In stock markets abroad, indexes were mixed in Europe and Asia. Stocks jumped 1.5% in Seoul and 1.1% in Shanghai but fell 1.7% in Paris.
party decided to punish Emmanuel Nchimbi for indiscipline, and it nominated Energy Minister Deogratius Ndejembi to become President Samia Suluhu Hassan’s deputy, CCM Secretary-General Asha-Rose Migiro told reporters late Wednesday. The maneuver is believed to be part of the ongoing fallout from Hassan’s contentious election in
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INTENT TO CHANGE NAME BY DEED POLL The public is hereby advised that I, JAMAL ERAMUS SIMMS of Cardardo Crest, Golden Gates #2, New Providence, Bahamas intend to change my name to JAMEL EREAMUS SIMMS. If there are any objections to challenge the name by deed poll, you may write such objections to the Chief Passport Officer, P.O. Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of the publication of this notice.
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TRADER Robert Charmak works on the floor of the New York Stock Exchange in New York, Friday, Aug. 21, 2026. Photo:Yuki Iwamura/AP
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The public is hereby advised that I, SEAN DONAVON BASTIAN of 503 Rawson Court, West Bay Street, New Providence, Bahamas intend to change my name to SEAN DONOVON MOORE. If there are any objections to challenge the name by deed poll, you may write such objections to the Chief Passport Officer, P.O. Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of the publication of this notice.
NOTICE is hereby given that I WEENA OLI JOHNSON of Karl Road, P.O. Box EE-16952, New Providence, Bahamas, 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 28th day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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INTENT TO CHANGE NAME BY DEED POLL
NOTICE is hereby given that I ROSE BERLINE EUGENE DURONNE of Marsh Harbour, Bahamas, 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 21st day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that ODILIA JOSEPH of Andros Avenue, New Providence, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/ naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 28th day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
NOTICE is hereby given that I KETIA LOUIS PIERRE of 30 Columbus Drive, Freeport , Grand Bahama, Bahamas, 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 21st day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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NOTICE is hereby given that I ERONNE DURONE LUBIN of Marsh Harbour, Bahamas, 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 21st day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that I ARI PROSPERE of Prince Charles Drive, Adam Street Lot 13, New Providence, Bahamas, 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 21st day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that I JOSUE ALTIDOR of P.O. Box #20433, James Street, Dundas Town, Abaco, Bahamas, 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 21st day of August, 2026 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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Friday, August 28, 2026, PAGE 7
Russia bombards 9 Ukrainian cities overnight, calling the strikes ‘massive’ By HANNA ARHIROVA Associated Press RUSSIA bombarded cities across Ukraine with missiles and drones in an overnight onslaught that ran into the daylight hours of Thursday, when explosions echoed around Kyiv through the morning. Ukraine is desperately short of U.S.-made Patriot air defense missiles that can counter Russia's ballistic missiles, and Moscow's fast-flying jet-powered drones have brought another challenge since the Russian military's full-scale invasion began 4½ years ago. Ukrainian officials say Russia builds up missile stocks and launches major attacks every few days, hoping to exhaust Ukrainian defenses through the sheer weight of numbers. In response, Ukraine has hit high-profile targets on Russian soil as the countries inflict mutual destruction. Russia says attack targeted war-related facilities The Russian Defense Ministry said its forces carried out a "massive" strike on targets in nine Ukrainian cities that began after nightfall on Wednesday. It described the targets as military-related, including industrial facilities, oil refineries, logistics hubs and port infrastructure. Civilian areas, including apartment buildings, suffered damage. The barrage killed a 78-year-old woman in the southern Zaporizhzhia region and another person in the northern Kharkiv region, with at least 14 people reported wounded elsewhere, Ukrainian officials said. "Russia continues to invest in missiles and in expanding its war, and that means more countermeasures are needed," Ukrainian President Volodymyr Zelenskyy said on social media, noting promises earlier this week by European countries to provide more air defense assistance. "It is important that these (measures) are also
supplemented by additional ballistic missile defense packages" through European purchases of weapons from the United States, he said. Though the Russian Defense Ministry insisted only war-related targets were attacked, Russia appears determined to hurt Ukrainian businesses and dent the country's economy through attacks on private enterprise after Ukraine's long-range drone strikes caused financial difficulties for Moscow. Russian drones hit three major distribution centers, destroying depots belonging to a toy store chain and a confectionery company, and damaging another run by an electronics retailer, the companies said. In addition, Moscow continued its efforts to wreck the Ukrainian power grid before the freezing winter months. Four powerful glide bombs destroyed generating equipment at the southern Kherson region's combined heat and power plant, forcing it to shut down, its operator Naftogaz said. Zelenskyy expected on official visit to neighboring Moldova Zelenskyy was due to visit neighboring Moldova on Thursday to mark its national day commemorating its 1991 declaration of independence from the Soviet Union. Ukraine announced its independence the same year. Russia's neighbors in Eastern Europe are concerned its invasion of Ukraine could trigger a wider conflict, and drones flying into its airspace have fueled jitters. Moldova's Ministry of Defense said Thursday that five drones breached its airspace overnight, but it didn't specify who fired them. Ukraine's air force said defenses shot down or suppressed seven Russian ballistic missiles, though it didn't say how they achieved that.
LEGAL NOTICE OF DISSOLUTION International Business Companies Act (No.45 of 2000 ) In Voluntary Liquidation Notice is hereby given that, in accordance with Section 138 (4) of the International Business Companies Act, (No.45 of 2000), SALINGORE REAL ESTATE LIMITED is in dissolution. The date of commencement of the dissolution is 27th August 2026. Philippe Pouponnot is the Liquidator and can be contacted at Ch. de l’ Ancienne-Ferme 21, CH- 1252 27th Meinier August, 2026 Switzerland. All persons having claims against the above-named Company are required to send their names, addresses and particulars of their debts or claims to the Liquidator before 26th September the 26th day of September 2026.
Four districts of Kyiv were hit during the night, damaging residential buildings, a school and a medical facility, though no casualties were reported, city police said. Russian forces struck industrial facilities as well as energy infrastructure
in Ukraine's central Poltava region, said Vitalii Diakivnych, head of the Poltava regional military administration. The southern Odesa region also came under a major Russian attack lasting more than seven hours, according to Oleh Kiper,
head of the Odesa regional military administration. The barrage damaged a 16-story residential building and two educational facilities as well as a grain elevator, he said. Odesa is a key port for Ukraine's vital exports of grain and other agricultural products.
Some trains were delayed by more than 17 hours following the attack, according to Ukrainian state rail company Ukrzaliznysia. Ukraine has also fired hundreds of long-range drones almost nightly at targets in Russia.
Arrow-words are like crosswords, but th Friday, 2026, PAGE inside August squares28, on the grid. Write9 y blank squares in the direction indica S
THE TRIBUNE
wordSEarch JUDGE PARKER
J C W D S W S M E I L E E R Q Y P A A O F S L L W I C S P E N C E A N G U S H T W Q R G S E J I L D E E L D Y I V B Q R B S S P F F C T I V W Y B H K H N I N I U W B O Z A A A F K C U N A O O F A R F Y T O K H E L J G F Y A O B T S B I Y Z K N L R L A G B V A S R U F I C A G G I E T A R B A M U N O A F M M J J N V E G H N D
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Find all the terms listed below Solution tomorrow ANGUS ● BINKY ● CAGGIE ● DIGBY ● EMILY ● HABBS ● JAM MARK-FRANCIS ● MILES ● OLI REZA ● SAM ● SPENCER ● S 1 2 3 4 DOWN TIFF ● TOFF ● VICTO 1 Inferior owl hybrid, to a
Crusader PrIze Crossword ACROSS 1 Drop sympathy and become despondent (4,5) 6 His purpose includes an incentive (4) 10 Suitor wife rings with hesitation (5) 11 Enid’s are affected by small inclination (9) 12 Judge country left in denial (7) 13 Potential victims strike table (3,4) 14 Topical after Frank gets some electricity (6,7) 17 Joint parts backing supporter (8,5) 21 Minor dereliction, but inside, tidy (2,5) 22 Goal – hire out something to wear (7) 24 Musical arrangement of this included right sign of penance (4,5) 25 Widen a choice to include snack (5) 26 Turning gas, oxygen, into an ingredient (4) 27 Show meeting to have doctor left (9)
HAGAR THE HORRIBLE
TIGER
CALVIN & HOBBES
degree (3-5) 2 Endless reel – loud send10 up (5) 3 Musician shifted orchid – it’s sharp (14) 4 A lyric about carbon – 12 something synthetic (7) 5 Master has drink with singer (7) 7 He forecasts penny credit 14 Quick converted to gold (9) croSSword 8 Tries organising son for more exams (6) across: 7 Entire, 8 Poster, 9 I would return to emphasise Unaware, gesture as10 a flare (8,6) 11 False, 12the Sags, 13 Roost, 20 15 Giving back others round jewellery (9) 18 Tsar, 17 Build, 21 16 At university, 22 oarsman Anger, 23 Canteen, makes pen24 mark (8) 25 Active. Tender, 18 Fibs, putting old religious down: 1 Request, man in vehicles (7) 2 Strange, 3 Break, 24 19 Point to traitor in strange mistake (7)4 Confess, 5 Still, 6 Brief, 9 Recollect, 14(6) Quarrel, 20 Slight problem for lungs 15 Ascetic, Trinket, 23 Old firm, new parolee 16 (2-3)
YESTERd
DENNIS THE MENACE
CRYPTOQUOTE AXYDLBAAXR is L O N G F E L L O w One letter stands for another. In this example, A is used for the three L’s, X for the 2 O’s, etc. Single letters, apostrophes, the length and formation of words are all hints. Each day the code letters are different.
15 wordSEarch
X M Z Z H M U Q H T N M E R I 18O L M Q Y O Y Y H K I S H C R E N S I A G E A B S O T X I O R L I T X X R B G A V H P V O V Q H U A A N N J V N F L D N D F H C J E T O E W X U P L S I S O R K A 27L A E N D Z H R E B V R W W R H S P B N A L K S O L W I R L E V M Y N L D S A
17
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RE F I L E QU I
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● The Target uses words in the main body of Chambers 21st Century Dictionary (1999 edition)
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A 37 3 16 17 6 21 9 22 16 21 1 B C 22 27 29 34 20 34 25 25 2 16 12 D E 28 2 6 6 36 23 25 5 31 18 5 F G 19 10 1 40 19 8 34 33 12 16 9 H I 37 12 27 13 34 39 16 12 40 29 4 J Today’s TargeT good 12; very good 18; excellent 24 38 8 37 K 18 10 40 24 20 22 30 1 (or more). solution tomorrow L 20 13 3 4 39 33 35 12 31 31 M 5 Call 0907 181 2585 N for today’s Target solution 19 22 18 28 8 29 21 2 O 16 36 2 *Calls cost 80p per minute plus your telephone P company’s network access charge. 29 38 4 10 27 11 3 9 12 grid 30 Q Sudoku is a number-placing puzzle based on 31 a 9x9 R with several given numbers. The object is to place the 2 32 9 30 2 5 30 10 33 17 5 numbersS 1 to 9 in the empty squares so the each row, each T column and each 3x3 box contains the 33 9 23 1 12 21 14same 38 number 12 30 only 2 U FIND where the fleet of ships shown is hidden once. V The difficulty level of the Sudoku increases from in the grid. The numbers to the right of and Monday to Sunday 15 15 12 2 16 24 2 38 below the grid indicate how many of the W 27 17 9 squares in that row are filled in with ships or X parts of ships. The ships do not touch each 19 2 24 30 19 9 7 31 Y 38 27 8 other, even diagonally. Some squares have Z How many words of four letters or more can you make from the letters shown here? In making a word, each letter may be used once only. Each must contain the centre letter and there must be at least one nine-letter word. No plurals. Verb forms ending in S permitted.
baTTLesHIPs
been filled in to start you off. solution tomorrow
CHALLENGER
Yesterday’s Answers
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9
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A
2
3
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8
9 10
B
4
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0
D
2
E
2
F
1
G
3
H
1
I
4
J
1 1
MICRO CROSSwORD
1
Yesterday’s■ H 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Sudoku Answer ■ Y ■ 2
1
3
2
2
2
3
2
1
2
1 x Battleship
3 x Destroyer
2 x Cruiser
4 x Submarine
● Alternatively, for six Extra Letter clues to your mobile text dXbeaT to 64343. Texts cost £1 plus standard network
KeIjo 2 3
1
2
2
1
4
4
2
3
4
1
2
3
1
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4
Place th the gri four d number differen appear in and c
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