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TUESDAY, OCTOBER 3, 2017

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Bahamian fish lodges, guides ‘catching hell’

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN bonefishing lodge owners and guides in the southern Bahamas yesterday said they were “catching hell”, with some alleging that business is being steered to foreign-owned rivals.

Nevin Knowles, owner of the Long Island Bonefishing Lodge, argued that since the introduction of legislation to govern the

Hard-hit south sees ‘unbelievable’ decline Claim all business going to foreign rivals Online licensing ‘inconvenience’ industry, Bahamian-owned lodges have seen a major decrease in bookings.

“The only ones catching hell are the Bahamianowned lodges,” he told Tribune Business. “Every lodge in the south-east is basically Bahamian-owned, but American-owned lodges and booking agents don’t seem to want Bahamians to own anything.

“They won’t say the numbers, but every foreign-owned lodge is full to capacity; they aren’t feeling anything. Most Americans when they come don’t like to book direct; they go through a booking agent. A

lot don’t trust to send the money direct to the lodges.

The booking agents only deal with certain lodges, and they steer the business in that direction. We don’t get much of the Europeans because they tend to go to Belize and Mexico as they get direct flights there.”

Mr Knowles argued that Bahamian-owned lodges were effectively being forced out of business completely or, in some instances, being bought out.

See PG B5

WEB SHOP LEGALISATION MAY ‘DECIMATE’ FINANCIAL SERVICES

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

LYNDEN PINDLING INTERNATIONAL AIRPORT (LPIA)

Minister’s final decision on ‘can of worms’ fear

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE Minister of Transport must make “the final decision” on whether to approve the introduction of ground transport provider fees at Lynden Pindling International Airport (LPIA), Tribune Business was told yesterday.

Ross Smith, the Road Traffic Department’s controller, confirmed to this newspaper that he had given his “input” and referred the Nassau Airport Development Company’s (NAD) plans to Frankie Campbell for ministerial “guidance”.

“They have written and given us their proposal on what they wanted to do,” Mr Smith said, “which is to levy certain fees as it relates

NAD transport fee plan referred up Taxi drivers worry hotels to follow Controller: ‘May have to go to Cabinet’ to the taxi drivers going in and out of the call-up area [at LPIA].

“I have given my input and sent that on to the Minister, so the final decision rests with the Minister. He will provide us with guidance, more so on how to deal with the issue. It may have to go all the way to Cabinet.

See PG B5

THE Bahamian financial services industry could be “decimated” if global regulators ever wake-up to how the web shop industry was legalised, a businessman said yesterday.

Paul Moss, Dominion Management Services’ president, told Tribune Business that the sector’s overnight legalisation by the Christie administration had created “a glaring deficiency in our system”.

Pointing out that the then-government failed to address web shop operators’ illegal profits from pre-legalisation days, Mr Moss described the current situation as “a recipe for disaster” with the industry acting as unlicensed money transmission providers and

Entrepreneur sees ‘recipe for disaster’ Bahamas not ‘reading tea leaves’ on sector Regulatory ‘goal posts’ will always move banks in Family Island communities.

He accused the Minnis administration of “going along with the programme” left by its predecessor, and failing to address the ongoing risks and issues presented by web shop gaming.

“When we look at gaming, the Bahamas is in a real problem here,” Mr See PG B3

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GOVERNOR: ‘GREAT CONCERN’ REMAINS OVER BANK ACCESS

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE Central Bank’s governor yesterday said correspondent bank ‘derisking’ remains a “great concern”, given that the Bahamas’ current economic viability depends on these relationships.

John Rolle told Tribune Business that the regulator had seen no further deterioration in Bahamian banks’ international ties since its August 2016 survey, which found that almost 25 per cent of respondents had lost at least one correspondent relationship.

But, emphasising that the danger had not gone away, Mr Rolle said the global financial system access provided by correspondent banks was “very critical” to the business models of Bahamian financial institution and the wider economy.

“We have not taken note of any further shift,” the Governor replied, when See PG B4

Bahamas’ ‘daily existence’ depends on correspondents No further deterioration, but threat remains Fee pressures impacting all countries

JOHN ROLLE

UNION CHIEF ‘110% CONFIDENT’ IN GOVT ON GRAND LUCAYAN

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net A TRADE union leader has expressed “110 per cent confidence” in the Minnis administration’s ability to resolve the year-long Grand Lucayan impasse.

Michelle Dorsett, whose Commonwealth Union of Hotel Services and Allied Workers represents the resort’s line staff, told Tribune Business she was optimistic that the Government would “secure and protect” the interests of

Optimistic workers will be ‘secured and protected’ As one-year anniversary of closure looms remaining Grand Lucayan workers.

Speaking after a recent meeting between the union and Dion Foulkes, minister of labour, Ms Dorsett See PG B6

PAGE 2, Tuesday, October 3, 2017

THE TRIBUNE

Baha Mar gets top marketing honours BAHA Mar yesterday said it had received Gold and Silver honours for excellence in destination marketing at the 2017 Travel Weekly Magellan Awards.

Baha Mar’s ‘grand opening’ campaign was recognised with a Gold Award in Destination Marketing – Advertising/Marketing, Travel Weekly’s highest honour.

Executed in partnership with GoConvergence, the Baha Mar ‘grand opening’ campaign features three productions: The Be the First to Know preview video, providing a glimpse into the world of Baha Mar; the launch of Baha Mar’s interactive website; and the Now Open high-energy web video, showcasing life at the newly-opened resort.

Baha Mar was also presented with the Silver Award in Destination Marketing – Promotional Video for Be the First to Know.

The preview video was designed to spark interest among potential consumers ahead of Baha Mar’s phase one opening.

To complete the productions, GoConvergence executed a series of onisland photo and video shoots throughout 2017.

“We commend GoConvergence for their artistic direction, loyal partnership and tireless dedication throughout the opening of Baha Mar,” said Karin Salinas, Baha Mar’s vice-president of marketing.

“The GoConvergence production teams captured the spirit of Baha Mar and

the Bahamas, translating that essence into inspiring and captivating visuals that will entice past and future guests to visit this worldclass destination.”

“This year’s winners represent the most talented and creative people in not just the travel industry, but of any industry,” said Arnie Weissmann, editor-in-chief of Travel Weekly. “They continue to raise the bar, to inspire travel and enhance the travel experience.

Their work leaves a lasting impression on our expert judges and readers.”

Baha Mar’s phased opening features the launch of SLS Baha Mar in November 2017, and Rosewood Baha Mar in spring 2018.

Baha Mar’s marketing and advertising campaign will also launch later this year.

BAHA MAR WEBSITE

BAHAMAS’ STRONG ATTENDANCE AT STEP CONFERENCE CRITICAL THE Bahamas’ focus on private wealth management meant a strong presence at this year’s STEP Latin America (LATAM) conference was essential, a local executive said yesterday.

More than 20 persons from the Bahamas attended the Society of Trust and Estate Practitioners (STEP) conference, including Brent Symonette, minister of financial services; Tanya McCartney, Bahamas Financial Services Board (BFSB) chief executive; and John Lawrence, cofounder and active Board member of the STEP Latam conference; and Cecil Ferguson, chairman of the STEP Bahamas Branch.

Some 400 delegates were present at the September 28-29 conference, having travelled from countries in Latin America, the Caribbean, US, Europe and Asia.

L to R: Brent Symonette, minister of financial services; John Lawrence, director of Windermere Corporate Management.

Mr Lawrence said: “This is one of the biggest and most widely-attended international conferences on the STEP calendar, and it was important to have this strong representation from the Bahamas financial services sector.”

Bahamian passes securities exam MICHAEL Reckley has passed the Canadian Securities Course (CSC) after studying with the Nassau-based Securities Training Institute (STI).

Bettina Albury, STI’s general manager, said: “Our CSC workshops provide financial professionals with knowledge of the key subject matter that gives our students a comprehensive understanding of the material, and allows them to write their exams with greater confidence.

“STI is committed to being the premier provider of professional qualifications and compliance training to prepare Bahamians to succeed in the global economy.”

Mr Reckley is pictured.

STEP Worldwide, known as the Society od Trust Estate Practitioners, has more than 20,000 members and is known as the leading worldwide professional association for those advising families across generations.

THE TRIBUNE

Tuesday, October 3, 2017, PAGE 3

‘TERRIBLE’ CONNECTIVITY UNDERMINES SOUTHERN BAHAMAS’ TOURISM

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net TOURISM activity in the southern Bahamas has “definitely been down”, the Bahamas Out Island Promotion Board’s (BOIPB) executive director yesterday blaming this on “terrible” airlift connectivity.

REAL ESTATE DUO TEAM TO GIVE ‘ELITE’ SERVICE TWO real estate veterans have teamed up to offer international clients a special experience when acquiring Bahamian real estate.

Silvina Andrews and Ana Elisa Wassitsch came up with Elite Properties Bahamas while developing ideas on how to better service the South American and European markets.

With more than 25 years’ combined experience in real estate and international private banking, the duo recognised that a partnership was the best way to provide consistent five-star service, forming Elite Properties under the umbrella of Bahamas Realty.

“Selling real estate is more about selling and curating a lifestyle,” said Ms Andrews. “The Bahamian dream is not just about building size and amenities. The million-dollar plus market is extremely specialised and requires a thorough personal touch.”

The pair have lived in the Bahamas for more than 25 years, raised children and established lifelong friendships. Being fluent in Spanish and Portuguese is a further asset.

“We cover the entire Bahamas, and sell and lease residential and commercial property,” said Ms Wassitsch. “We provide a consistent concierge-style service, and our friends and clients trust us to deliver.”

“Knowing our clients and our professionalism is what keeps clients coming back,” added Ms Andrews. “We work seamlessly together in understanding the needs of different cultures and sharing the same motivation for providing high standards.”

Elite Properties Bahamas recently caught the attention of international real estate magazine, “Top Agent Magazine, and the duo were featured on the front cover in their July edition.

With the backing of Bahamas Realty, a company that has been in existence for more than 60 years, and their affiliation with Luxury Portfolio International and Leading Real Estate Companies of the World, the duo enjoy extensive global exposure.

“We are still very much part of Bahamas Realty and continue to rely on their fantastic support,” said Ms Andrews.

“Delivering on client’s expectations is Bahamas Realty’s culture of success, and Elite Properties is positioned to excel through our partnership,” said Ms Wassitsch.

Kerry Fountain told Tribune Business that the Board will tomorrow unveil marketing initiatives for the southern Bahamas, and other promotional activities aimed at remedying the situation.

“There is no sense in crying about it unless you plan to be a part of the solution,” Mr Fountain said. “We want to share more specific numbers,

and share what we have planned to do ourselves.

We also want to share what we are proposing to do in conjunction with the Ministry of Tourism and whatever domestic carriers are out there and have the fortitude to do something.”

Mr Fountain said airlift connectivity to the southern Bahamas has directly impacted tourism growth for those islands.

Web shop legalisation may ‘decimate’ financial services From pg B1 Moss told Tribune Business.

“The Bahamas legalised an illegal operation, and overnight those operators who could not previously get licenses got them.

“This is a glaring deficiency in our system, and we’re not going to address it. We’re going to address it when it brings the whole country down. Right now, we have these web shops acting as banks in the Family Islands. It’s a recipe for disaster.

“They gave licenses to people who were operating illegally. That’s a no-no from a money laundering perspective. They granted them, and this administration is going along with the programme. It’s a glaring deficiency, and has the potential to decimate the whole [financial services] industry if that is ever called into question.”

Dionisio D’Aguilar, the Cabinet minister responsible for gaming, recently acknowledged that numerous issues surrounding the web shop industry remained to be addressed, including the 10-year moratorium on new entrants and the proliferation of locations throughout the Bahamas.

However, neither the current government, nor the Christie administration, ever appeared to address the fate of web shop operators’ pre-legalisation profits, which were used to invest in legitimate sectors of the Bahamian economy, make mortgage loans and enter into a wide range of investment activities.

The web shop sector barely rated a mention in the Caribbean Financial Action Task Force’s (CFATF) recent assessment of the Bahamas’ anti-money laundering and counter terror financing regimes; possibly because the examiners were only looking at the period when it had just been legalised.

The industry’s legalisation, though, was driven in part because it represented a money laundering ‘high risk’ if it remained illegal, with millions of dollars

being transacted outside the formal banking system and economy. And web shop operators are generally recognised as having strict Know Your Customer (KYC) procedures in place.

Mr Moss, meanwhile, said the Bahamas was “failing to read the tea leaves” over its response to deficiencies identified in the CFATF report and other global regulatory pressures.

He argued that while this nation could pass all the laws it wants, “the goalposts will continue to move” with international bodies frequently finding fault with the Bahamas and its response “going over and above” global standards.

Mr Moss said the main problem was the Bahamas’ failure to change its business model from a ‘no tax’ to ‘low tax’ jurisdiction, through implementing a low-rate corporate or income tax, and shedding its ‘tax haven’ label.

“We know the goal posts will continue to move,” he told Tribune Business.

“Even if the Bahamas passes all the changes they want, in a year they will come back and say something else is deficient. We go over and above what is required of us, and still somebody is not satisfied.

“We fail to recognise what the real issue is. The real issue is transparency, and have the Bahamas put in a new form of taxation.

This why we’re always playing catch up, and are in a sense of panic. This will be hurting us until we’re proactive.”

Mr Moss slammed the “dismissal out of hand” of the IMF’s suggestion that the Bahamas implement a low-rate corporate income tax in the medium term, blasting the Government, “power brokers and those that strive to be in government” for

“Business in the southern Bahamas has definitely been down, and I would attribute that directly to how difficult it is to get there,” he added. “If you look at Acklins and Crooked Island, Bahamasair offers flights on Wednesdays and Saturdays. All of the inbound flights into Nassau come in around 12.30pm, which means that if you are rejecting it “without any consideration”.

“We want to fight battles without reading the tea leaves,” he said. “The tea leaves have been quite clear over the last several years that this form of taxation, a ‘tax haven’, is being frowned upon and not acceptable.

“We really have to have a conversation about the future of the Bahamas in financial services. It cannot be business as usual. We have to respond in a manner that is holistic, and stop the piecemeal approach over the last several years.

“They [overseas regulatory bodies] will find something because we don’t see what they’re getting at.

We define ourselves as a ‘tax haven’ because we’re not changing our form of taxation. We continue to stick our head in the sand and pass laws without addressing the big elephant in the room.”

Mr Moss said the Bahamas’ tendency to go beyond what was demanded of it had resulted in “incredible” bureaucracy and ‘red tape’, which stifled both the private sector and conduct of business by individual Bahamians.

“I went to Bank of the Bahamas to open an account last week, and it’s not open yet,” he told Tribune Business. “We talk about the ease of doing business, but we seem to get caught up in not understanding the spirit of what we’re doing.”

Mr Moss said a ‘common sense’ approach to implementation was what the Bahamas was lacking, and he added: “The ease of doing business will continue to escape us because we have bureaucrats that don’t understand some of the things don’t make sense in practical terms.

“Because we don’t understand the industry, and have leaders that don’t understand the industry, we have to go along with the programme. It doesn’t raise my blood pressure any more.”

going to get to Acklins or Crooked Island in the same day you have to leave around 1.30pm.

“The connections are terrible, and I think that the lack of business these islands are receiving is directly attributable to the airlift that we have available out of Nassau Until we fix that all of the resorts are going to continue to struggle.”

Board to unveil marketing initiative plans ‘No sense in crying’ if not offering solution

PAUL MOSS

NOTICE

JERUSALEM STONE LIMITED N O T I C E IS HEREBY GIVEN as follows:

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a) JERUSALEM STONE LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

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

(b) The dissolution of the said company commenced on the 2nd October, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General. (c) The Liquidator of the said company is Bukit Merah Limited, The Bahamas Financial Centre, Shirley & Charlotte Streets, P.O. Box N-3023, Nassau, Bahamas Dated this 3rd day of October, A. D. 2017 _________________________________ Bukit Merah Limited Liquidator NOTICE

NOTICE

CARMONA LIMITED

SIAGA INVESTMENTS LIMITED

N O T I C E IS HEREBY GIVEN as follows:

N O T I C E IS HEREBY GIVEN as follows:

(a) CARMONA LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(a) SIAGA INVESTMENTS LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on the 2nd September, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General.

(b) The dissolution of the said company commenced on the 2nd September, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General.

(c) The Liquidator of the said company is Leeward Nominees Limited, Akara Building, 24 de Castro Street, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.

(c) The Liquidator of the said company is Leeward Nominees Limited, Akara Building, 24 de Castro Street, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.

Dated this 3rd day of October, A. D. 2017 _________________________________ Leeward Nominees Limited Liquidator

Dated this 3rd day of October, A. D. 2017 _________________________________ Leeward Nominees Limited Liquidator

PAGE 4, Tuesday, October 3, 2017

Governor: ‘Great concern’ remains over bank access From pg B1 asked whether relations between Bahamas-based financial institutions and their correspondents had deteriorated further over the past 14 months.

“But that is not to say the issue is not being closely monitored, or not on the minds of the banks,” he added. “We have not noticed any further shifts or tensions in this regard, but it is a matter of great concern to the sector.

“We still see the access to correspondent banking as being very critical to the business model, or the viability of the business model, for our financial institutions.

Those in the international sector, because that’s part of the product mix that makes it feasible for them to provide services to their clients.

“In the local sector, it’s critical to providing payment/settlement services, whether it relates to trade or investments that flow across our borders.”

Mr Rolle conceded that the Bahamas’ “daily

existence” was heavily dependent on access to the global financial system and commerce, which is currently provided by foreign banks via their correspondent relationships with local institutions.

“This is an economy where there is a high degree of dependency on international transactions for daily existence,” he told Tribune Business, “whether it’s tourism or income-earning sectors, and all the requirements for imports.

“We source lots of goods from abroad, and also consume a lot of services in every sector of the economy.

The ability to have access to all these services depends on making payments for these services.”

Mr Rolle’s comments underscore just how serious a threat is posed by correspondent banking ‘de-risking’, not only to Bahamian financial institutions but, potentially, the functioning of the entire economy as we know it.

NOTICE

THE TRIBUNE Correspondent relationships allow Bahamian financial institutions to use their physical and electronic banking infrastructure to conduct business in their countries, enabling transactions to clear and be settled on a timely basis, and foreign currency deposits to be taken.

Yet banks in major industrialised countries have frequently severed correspondent relationships in recent years, with the Caribbean region among most heavily impacted.

The move is being driven by the ‘risk/reward’ analysis, with developed country banks perceiving correspondent relationships with their Caribbean counterparts as too ‘high risk’ when compared to the financial rewards.

They are especially concerned that Caribbean banks are susceptible to financial abuses, such as money laundering and terror financing, which could lead to financial sanctions being imposed on themselves by home country regulators.

While the Bahamas has avoided any major fall-out to-date, a recent International Monetary Fund (IMF)

working paper revealed that the impact has been felt by the private sector and Bahamian consumers through increased compliance costs and fees.

The Fund said fees for cross-border transactions had increased by as much as 186 per cent between 20112015, the greatest rise in the Caribbean. Wire transfer fees alone grew by 20 per cent over that same five-year period.

Mr Rolle did not comment directly on the IMF paper’s findings, which were taken from the Central Bank’s own August 2016 survey, but he indicated that the fee increases were consistent with international experience.

“In countries where there’s a high dependency on money transfer services to get funds from one place to the next, the cost of wire transfers has started to increase in regions where correspondent banking challenges are greatest,” he said.

“That is because the money services businesses are incurring higher costs in terms of compliance and monitoring systems they have to put in place.

For some of those money

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

NOTICE is hereby given that JOHN JOSEPH MATHIEU of Marsh Harbour, Abaco, 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 3RD day of October, 2017 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

The Public is hereby advised that I, BERTRAM KERMIT KIRKWOOD CLARKE of Marathon Estates, P.O. Box CR56194,New Providence, Bahamas intend to change my name to BERTRAM KIRKWOOD CLARKE. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.

NOTICE AGNUS ENTERPRISES INC. In Voluntary Liquidation

NOTICE BOOMING PORTFOLIO INC. In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, AGNUS ENTERPRISES INC. is in dissolution as of September 28, 2017

Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, BOOMING PORTFOLIO INC. is in dissolution as of September 25, 2017

International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

LIQUIDATOR ______________________

LIQUIDATOR ______________________

services businesses, they may be encountering increased costs because they have to align themselves with more costly correspondents.”

Banking fees, and their constant increases, have frequently provoked anger among many Bahamian consumers. The Central Bank, though, has resolutely refused to impose price controls or other draconian measures demanded by the public, warning that these would have adverse, unintended consequences.

The regulator has frequently stressed that competition and consumer education are better solutions, and Mr Rolle yesterday said the Central Bank was preparing to conduct “more research in terms of some the structural factors that are driving the costs of services”.

He added that “financial inclusion” and access to banking services remained a priority for the Central Bank, and said: “From that point of view, the ability of the sector to provide services in a cost efficient manner is going to be important.

“We also continue to see the importance of credit markets, in terms of the risk and cost of credit. A risky and costly credit market can lead to costs showing up in other areas where financial services is provided.”

Mr Rolle declined to comment on the IMF paper’s “anecdotal evidence” that some Bahamian financial institutions had lost correspondent relationships because of the latter’s concerns about them doing business with the web shops.

Instead, he told Tribune Business: “As a jurisdiction we have to continue to strive to show we have a holistic approach to dealing with money laundering risks, irrespective of where they originate.”

The Central Bank governor said the Bahamas’ efforts to combat correspondent bank ‘de-risking’, and its consequences, were directly linked to the strength of its anti-money laundering/counter terror financing regime.

Improvements in this area will improve ‘risk perceptions’ of the Bahamas among foreign governments and banks, which is why the Government, Central Bank and others are moving to rapidly address deficiencies identified by the Caribbean Financial Action Task Force (CFATF) in its recent assessment of this nation.

“We need to continue to work to reduce the risk assessment for the jurisdiction,” Mr Rolle said.

“That speaks to the efforts of the Central Bank and other regulators to continue strengthening their systems, and how they interact with the sector.

“For us, one of the key criteria is really to push ahead and show the documented improvement in the quality of our anti-money laundering and counter-terror financing regime. We’re going to continue to work for improvements in that area.

“Aside from making sure our financial institutions deliver on their responsibilities, we will be continuously strategising around ways in which we make the sector less cash intensive, and we get more transactions happening in ways that make it easier to be monitored and less susceptible to criminals and other elements.”

He also acknowledged that increased compliance pressures imposed on Bahamian financial services providers had resulted in rising fees for consumers, as the extra costs and bureaucracy

NOTICE ROWELL INVESTMENTS LIMITED In Voluntary Liquidation Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, ROWELL INVESTMENTS LIMITED is in dissolution as of September 28, 2017 MICHELLA CALENDER THOMAS DE ALLEN situated at La Toscana, Calle Palladium, Casa 24-E, Corregimiento de Juan Diaz, Panama, Republic of Panama is the Liquidator.

LIQUIDATOR ______________________ NOTICE MAFATSANA OVERSEAS LTD. In Voluntary Liquidation Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, MAFATSANA OVERSEAS LTD. is in dissolution as of September 25, 2017 International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

LIQUIDATOR ______________________ NOTICE

Inversur Invest Ltd. In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, Inversur Invest Ltd. is in dissolution as of September 21, 2017 International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

LIQUIDATOR ______________________

THE TRIBUNE

Tuesday, October 3, 2017, PAGE 5

Minister’s final decision on ‘can of worms’ fear From pg B1 “If he has to take it to Cabinet he will do so to ensure no one is disadvantaged. We have every confidence in him that he will make the right decision.”

Mr Smith was speaking after meeting with taxi drivers, and members of the Bahamas Taxi Cab Union, at LPIA yesterday to discuss NAD’s proposal.

The LPIA operator/manager, as previously revealed

by Tribune Business, wants to levy fees on taxi drivers, limousine and tour operators every time they enter the airport’s “commercial lane” to pick up fares and clients.

The fees, which are due to be imposed from November 1, 2017, will levy $1 per pick up/fare on taxi drivers, with $2 and $3 being imposed on limousine drivers and tour operators, respectively.

NAD sees the revenue streams generated as critical to improving the ‘curb-side’ pick-up and drop-off at LPIA, the source of its most frequent customer complaints, and end a “chaotic experience” for travellers.

Most tax drivers, despite agreeing that this aspect of the visitor experience needs to be improved, remain resolute in their opposition to the proposed NAD fees.

One driver who attended yesterday’s meeting, speaking on condition of anonymity, expressed concerns to Tribune Business that NAD’s fees will set a precedent and “open a brand new can of worms” for the sector.

“If NAD charges $1 and we pay it, then Atlantis is going to want to charge $1, Baha Mar is going to want to charge $1, and Breezes will charge is $1. They will all want to charge us $1

Bahamian fish lodges, guides ‘catching hell’ From pg B1 “All I did was kill my own business,” he said.

They wanted this for them.

No booking agents will ever send clients our way unless you get American in front of you. I am down to nothing. I am contemplating selling and doing something different.”

Mr Knowles acknowledged that he had originally opposed the Bahamas Fly Fishing Industry Association’s (BFFIA) president, Prescott Smith, in his campaign to introduce the

industry’s regulations, but had now “seen the light”.

“We have to look at how much money is actually going into the Bahamian economy,” he said. “Everything is booked in the US; all the money stays there.

Check out how much they pay the guides. They are getting away from hiring independent guides and going in-house.”

Cat Island fly fishing guide, Charles Fox, told Tribune Business: “There is no business. It’s not looking good. I don’t see anything on the horizon.”

HERDO PROPERTY S.A. Company No. 1737663 (In Voluntary Liquidation)

NOTICE is hereby given pursuant to Section 204 (1)(b) of the BVI Business Companies Act, 2004 that HERDO PROPERTY S.A. is in voluntary liquidation. The voluntary liquidation commenced on 5th September, 2017 and Rachel Louise Wells of Lieu-dlt La Gallerie, 31 Route de Breil, Channay Sur Lathan, France has been appointed as the Sole Liquidator.

to pick up a fare on their door,” the source said.

“What’s going to happen?

It might be a brand new can of worms that they’re opening up.”

The driver said Road Traffic officials informed them at yesterday’s meeting that the Road Traffic Act provided no legal basis for NAD to levy the fees it is seeking.

However, the Minister of Transport has the ability to give approval, which is why NAD had submitted its proposal to him, the source said.

Mr Smith, though, told Tribune Business he was unsure whether the Act allowed NAD to proceed or not.

“I am not sure,” he said.

“I didn’t look at it in any detail from that perspective. It’s a private company [NAD], but a public issue as it relates to persons who drive taxis.... I’m not sure about the legal issues. We really have to wait for the Minister’s decision on it.”

The Road Traffic controller conceded that the

majority of taxi drivers who attended yesterday’s meeting were opposed to NAD’s proposed fees and rationale for levying them.

“Most of the persons who were present were not in favour of it, spoke very, very passionately about it, and will do anything to prevent it from happening,” Mr Smith told Tribune Business.

“It was very well attended, and held at the airport in the taxi drivers’ recreational area. There were persons present from NAD, but the meeting was really called to speak to me on it.”

Philip Watkins, the Bahamas Taxi Cab Union’s president, told Tribune Business he was unable to attend yesterday’s meeting and was awaiting a briefing from one of his executives, rendering him unable to comment.

Jan Knowles, NAD’s vice-president of marketing and communications, said the airport operator did not wish to comment further beyond its original statement.

In her original reply to Tribune Business, Ms Knowles said the revenues raised from the fees would be used to better manage the pick-up and droppingoff of passengers at LPIA. She added that the traveller experience in arriving at, and exiting, LPIA was the “most frequent complaint” that NAD received, and the operator needed to bring this in-line with the ‘worldclass’ impression the airport - and overall tourism product - were seeking to give.

“This is not a passenger fee; it’s a driver or operator fee for accessing the terminal,” Ms Knowles said. “Fees will be used to provide proactive curb management, improve the passenger experience and maintain the accommodations provided by NAD - and used by waiting drivers - at the airport.

“The most frequent complaint received at LPIA relates to the chaotic experience upon leaving the terminal and arriving at the curb for transportation.

NAD has been determined

to seek improvements to the passenger experience at LPIA. Proactive curb management contributes to a positive first impression for visitors, and this is crucial to the strengthening of our tourism offering.”

Ms Knowles said NAD had started exploring the implementation of ground transportation provider fees in 2012, but held off for five years following industry concerns.

She added: “Transportation providers also agree that it is critical to the industry and their business that these improvements are made. The goal is for NAD’s ground transportation team to greet arriving visitors, provide accurate information about the available transportation options, and work with members of the Road Traffic Department and Royal Bahamas Police Force stationed at LPIA to enhance the management of the curb, ensure enforcement of traffic regulations and provide a world-class arrival experience.”

Arnette Chisolm, coowner and operator of Chester Highway Inn Bone-Fish Lodge on Acklins, added: “Business has been so slow it’s unbelievable. We’re not looking for all the business, but give us some bookings. Right now there is no business.”

Mr Smith, the BFFIA president, said he had predicted much of what the southern Bahamian industry is now experiencing.

He told Tribune Business: “This is what I have been saying all along. It was a part of the plan. Once Bahamians are out of business, foreigners move in to build or takeover and reap the profits. This industry is

much bigger than what the Government was looking at.”

Kerry Fountain, the Bahamas Out Island Promotion Board’s executive director, said anglers are still not able to apply and pay for their licenses online, which was causing inconvenience.

He told Tribune Business: “A lot of our hotel members are fly fishing lodges, and we were very active - as was the Bahamas Hotel and Tourism Association - in trying to help the Government at the time to pass the right legislation.

“My opinion is that I see nothing wrong with having legislation which states if

you have more than two fly fishermen that you have a guide. I have to listen to both sides, the hotel members and the guides.

I see nothing wrong with the guide requirement.

One of the things that we were supposed to fix with the legislation is to allow the fly fishermen, whether they decide in Europe, Canada or the US, to be able to apply for their fishing license online and pay for it. That has not been fixed and is causing some inconvenience.”

The fly fishing regulations require anglers over the age of 12, and who wish to fish in the flats, to apply for a personal angler’s license and pay a set fee. NonBahamians will have to pay $15 for a daily license; $20 for a weekly license; $30 for a monthly license; and $60 for an annual license.

Mr Knowles argued yesterday that this should not be a flat rate but a percentage of the room rate.

The regulations also require a foreign vessel wishing to fish in the Bahamian flats to obtain the usual sports fishing

permit, with each person on the vessel also holding a personal license. The regulations also ban commercial fishing in the flats. Anglers are only allowed to catch and release when catching bonefish, permit, snook, cobia and tarpon. And a Conservation Fund for the management and protection of the flats and fisheries resources in the Bahamas is to be established.

As reported by Tribune Business, when the proposed regulations were first unveiled, they created considerable controversy and effectively a divide between the 400 local guides and the lodge owners. The latter were more opposed to the proposals. There was concern that the regulations, as initially drafted, gave the impression that the Bahamas was being too protectionist and restrictive, and anti-foreign, while tying up access by foreign anglers in bureaucracy and red tape, not to mention increased costs.

NOTICE

Murphy Cameroon Elombo Oil Co., Ltd. NOTICE IS HEREBY GIVEN as follows: (a) Murphy Cameroon Elombo Oil Co., Ltd. is in dissolution under the provisions of the International Business Companies Act 2000. (b) The dissolution of the said Company commenced on the 27th day of September, 2017 when its Articles of Dissolution were submitted to and registered by the Registrar General. (c) The Liquidator of the said Company is Mr. Delano Aranha of Ocean Centre, Montagu Foreshore, East Bay Street, P.O. Box N-3247, Nassau, Bahamas H & J CORPORATE SERVICES LTD.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, BERTRAM KERMIT KIRKWOOD CLARKE of Marathon Estates, P.O. Box CR56194,New Providence, Bahamas intend to change my name to BERTRAM KIRKWOOD CLARKE. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.

Dated this 27th day of September, 2017 Sgd. Rachel Louise Wells Voluntary Liquidator

Registered Agent for the above-named Company

NOTICE

NOTICE

NOTICE

REGAL VINTAGE LIMITED

Murphy Wokam Oil Co., Ltd.

MONTECRISTO LAKE LTD. In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, MONTECRISTO LAKE LTD. is in dissolution as of September 21, 2017 International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

N O T I C E IS HEREBY GIVEN as follows:

NOTICE IS HEREBY GIVEN as follows:

(a) REGAL VINTAGE LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(a) Murphy Wokam Oil Co., Ltd. is in dissolution under the provisions of the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on the 2nd October, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General.

(b) The dissolution of the said Company commenced on the 27th day of September, 2017 when its Articles of Dissolution were submitted to and registered by the Registrar General.

(c) The Liquidator of the said company is Bukit Merah Limited, The Bahamas Financial Centre, Shirley & Charlotte Streets, P.O. Box N-3023, Nassau, Bahamas

(c) The Liquidator of the said Company is Mr. Delano Aranha of Ocean Centre, Montagu Foreshore, East Bay Street, P.O. Box N-3247, Nassau, Bahamas

Dated this 3rd day of October, A. D. 2017

LIQUIDATOR ______________________

NOTICE WELFARE INVEST & TRADE LTD. In Voluntary Liquidation

H & J CORPORATE SERVICES LTD.

_________________________________ Bukit Merah Limited Liquidator

Registered Agent for the above-named Company

NOTICE

NOTICE

KOUNAN TRADEWELL LIMITED

SOPHIA RESOURCES LIMITED

N O T I C E IS HEREBY GIVEN as follows:

N O T I C E IS HEREBY GIVEN as follows:

Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, WELFARE INVEST & TRADE LTD. is in dissolution as of September 21, 2017

(a) KOUNAN TRADEWELL LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(a) SOPHIA RESOURCES LIMITED is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on the 2nd October, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General.

(b) The dissolution of the said company commenced on the 2nd October, 2017 when the Articles of Dissolution were submitted to and registered by the Registrar General.

International Liquidator Services Inc. situated at 3rd Floor Whitfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

(c) The Liquidator of the said company is Bukit Merah Limited, The Bahamas Financial Centre, Shirley & Charlotte Streets, P.O. Box N-3023, Nassau, Bahamas

(c) The Liquidator of the said company is Bukit Merah Limited, The Bahamas Financial Centre, Shirley & Charlotte Streets, P.O. Box N-3023, Nassau, Bahamas

Dated this 3rd day of October, A. D. 2017

Dated this 3rd day of October, A. D. 2017

LIQUIDATOR ______________________

_________________________________ Bukit Merah Limited Liquidator

_________________________________ Bukit Merah Limited Liquidator

PAGE 6, Tuesday, October 3, 2017

THE TRIBUNE

Union chief ‘110% confident’ in Govt on Grand Lucayan From pg B1 said: “The meeting was very successful with the Minister. He spoke about the process they are going through; it takes time, and the Government will do their level best to secure and protect the workers.

“The whole thing about Grand Bahama is that this is the major hotel, and we have all the confidence that the Grand Lucayan will come back again with different people [owners] and that it will be successful moving forward.”

Ms Dorsett said she was unable to reveal specifics on the union’s discussion with Mr Foulkes, but added: “Apparently they [the Government] have reached some agreement with Hutchison, and very soon they will be moving on that.

“There was no timeframe given. They’re going to be renovating one property at a time in short order; no time has been set as yet. They’re meeting with a few people, and negotiations are ongoing. I can’t put who they are on the table, but they are in the business [hotel] field.”

Ms Dorsett indicated, though, that Memories, a previous operator at Grand Lucayan, was not part of the deal being put together by the Government.

However, she told Tribune Business: “Honestly speaking, I am 110 per cent confident with this government, with this prime minister, the deputy prime minister and minister of labour that they will be very successful in moving forward with the Grand Lucayan.”

Many Grand Bahama and Freeport residents, though, are likely to question Ms Dorsett’s optimism given the seeming lack of progress in renovating and reopening the Grand Lucayan’s two shuttered resorts as the first anniversary of their Hurricane Matthew-induced closure approaches this week.

The August timeline set by Prime Minister Dr Hubert Minnis for repairs to begin on Freeport’s ‘anchor’ hotel property has come and gone, and residents are becoming increasingly anxious about the silence surrounding the Government’s efforts to craft a purchase in which it would take a part-ownership stake.

The Grand Lucayan’s closure to-date has resulted in the loss of 1,000-plus jobs; 59 per cent of Grand Bahama’s hotel room inventory; and business closures and redundancies in the Port Lucaya Marketplace. Many have warned

that Freeport’s tourism sector may never recover if the property does not open for at least part of the 2017-2018 winter season.

The failure by the Grand Lucayan’s owner, Cheung Kong Property Holdings, to repair the Grand Lucayan in Matthew’s wake resulted in the departure of Memories, the Sunwing-affiliated hotel brand, which brought in the majority of the island’s visitors.

Many observers believe the Grand Lucayan’s ongoing closure, together with the three-month loss of the Grand Celebration cruise ship on hurricane relief duty in the southern Caribbean, have brought Grand Bahama’s economy to a ‘rock bottom’ position.

Tribune Business previously revealed that the Government was talking to both Memories/Sunwing, and Peter Hunt, the Port Lucaya Marketplace’s owner, as it attempted to put together a consortium to acquire the Grand

Lucayan and give itself an exit route.

It is aiming to avoid a repeat of previous failures and create a destination experience, and focused on curing the underlying structural problems that have undermined the resort and Grand Bahama’s wider tourism/hotel product. This is to ensure the Government can rapidly ‘exit’ its temporary ownership and “not face another quagmire in five years”.

Tribune Business’s contacts recently confirmed that the strategy still involves creating a destination product along the lines of an Atlantis and Baha Mar, combining hotel, retail, cruise, marina and other associated resort amenities and attractions into one.

One well-placed source, speaking on condition of anonymity, told Tribune Business that the private sector group had yet to be firmed up or become solid, amid some concerns about

the involvement of an allinclusive operator such as Memories.

“The Government is acquiring the property, and will then make sure we have a competent group of investors involved - some well known operators and brands - in the ownership and operation,” the source said.

“The basis of it has been agreed; it’s a matter of finalising the details and getting the right people involved.

These people are standing by ready to participate. We have to get something that jump starts the whole process, and then begin to put in place the elements to make it work.”

They added: “The Government doesn’t get involved, we were before with the Hotel Corporation, in the hotel ownership business. The plan is to get Grand Bahama on a very healthy and sustainable footing, rather than subsidise the place for 15 years.”

Facebook says estimated 10 million saw Russia-linked ads

By MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Facebook says ads that ran on the company’s social media platform and have been linked to a Russian internet agency were seen by an estimated 10 million people before and after the 2016 election.

The company turned 3,000 ads over to three congressional committees Monday as part of their investigations into Russian influence in the 2016 election. In a new company blog post, Facebook’s Elliot Schrage said the ads appeared to focus on divisive social and political messages, including LGBT issues, immigration and gun rights. In many cases, the ads encouraged people to follow pages on those issues.

Fewer than half of the ads — which ran between 2015 and 2017 — were seen before the election, with 56

percent of them seen after the election. Some of the ads were paid for in Russian currency.

Congressional investigators have recently focused on the spread of false news stories and propaganda on social media and have pressured Facebook, along with Twitter and Google, to release any Russia-linked ads. Facebook’s ads were turned over to the House and Senate intelligence committees and the Senate Judiciary Committee.

The company already has given similar material to Special Counsel Robert Mueller’s investigation into the Russian meddling.

Facebook said last month that the ads appear to have come from accounts associated with a Russian entity called the Internet Research Agency. The company said it found 450 accounts and about $100,000 was spent on the ads.

Schrage, Facebook vice president for policy and

communications, said in the blog post that the ads included “political messages across the ideological spectrum.” He said for 99 percent of the ads, less than $1,000 was spent.

The company said some of the ads were paid for in Russian currency, but that isn’t always a way of identifying suspicious activity.

Schrage defended the site’s ability to target certain demographic groups, but said “ads containing certain types of targeting will now require additional human review and approval.”

The company is also making clear that it takes the right to free speech seriously and will never be able to remove all objectionable content.

“Even when we have taken all steps to control abuse, there will be political and social content that will appear on our platform that people will find objectionable, and that we will

A SIGN at Facebook headquarters in Menlo Park, Calif. Social media giant Facebook is expected to provide Congress yesterday, with more than 3,000 ads that ran around the time of the 2016 presidential election and are linked to a Russian ad agency. (AP Photo/Ben Margot, File) find objectionable,” Schrage writes.

Another Facebook official, Joel Kaplan, the company’s vice president of global policy, said in a blog post Monday morning that the company is planning to hire more than 1,000 people to staff teams that review advertisements globally.

Facebook will also update its policies to require better documentation from advertisers who want to run ads related to the U.S. election, including a requirement that the advertisers will have to confirm the business or organization they represent.

MARKET REPORT MONDAY, 2 OCTOBER 2017

t. 242.323.2330 | f. 242.323.2320 | www.bisxbahamas.com

BISX ALL SHARE INDEX: CLOSE 1,897.60 | CHG 31.72 | %CHG 1.70 | YTD -40.61 | YTD% -2.10 BISX LISTED & TRADED SECURITIES 52WK HI 4.38 19.17 9.09 3.70 1.96 0.15 6.47 8.60 6.30 11.25 14.49 2.52 1.60 6.00 10.00 11.00 3.45 7.25 12.51 11.00

52WK LOW 4.05 17.43 8.19 3.50 1.26 0.12 3.80 8.40 5.83 9.46 10.00 2.18 1.50 5.80 8.75 7.01 3.35 6.61 11.93 10.00

1000.00 1000.00 1000.00 1000.00

900.00 1000.00 1000.00 1000.00

PREFERENCE SHARES

1.00 105.00 100.00 106.00 105.00 103.00 100.00 10.00 1.01

1.00 100.00 100.00 100.00 105.00 100.00 100.00 10.00 1.00

SECURITY AML Foods Limited APD Limited Bahamas Property Fund Bahamas Waste Bank of Bahamas Benchmark Cable Bahamas CIBC FirstCaribbean Bank Colina Holdings Commonwealth Bank Commonwealth Brewery Consolidated Water BDRs Doctor's Hospital Famguard Fidelity Bank Finco Focol ICD Utilities J. S. Johnson Premier Real Estate Cable Bahamas Series 6 Cable Bahamas Series 8 Cable Bahamas Series 9 Cable Bahamas Series 10 Colina Holdings Class A Commonwealth Bank Class E Commonwealth Bank Class J Commonwealth Bank Class K Commonwealth Bank Class L Commonwealth Bank Class M Commonwealth Bank Class N Fidelity Bank Class A Focol Class B

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

52WK LOW 100.00 100.00 100.00

SYMBOL AML APD BPF BWL BOB BBL CAB CIB CHL CBL CBB CWCB DHS FAM FBB FIN FCL ICD JSJ PRE CAB6 CAB8 CAB9 CAB10 CHLA CBLE CBLJ CBLK CBLL CBLM CBLN FBBA FCLB

SECURITY Fidelity Bank Note 17 (Series A) + Fidelity Bank Note 18 (Series E) + Fidelity Bank Note 22 (Series B) +

SYMBOL FBB17 FBB18 FBB22

Bahamas Note 6.95 (2029) BGS: 2014-12-3Y BGS: 2015-1-3Y BGS: 2014-12-5Y BGS: 2015-1-5Y BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-3Y BGS: 2015-6-5Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-3Y BGS: 2015-10-5Y BGS: 2015-10-7Y

BAH29 BG0103 BG0203 BG0105 BG0205 BG0107 BG0207 BG0130 BG0230 BG0303 BG0305 BG0307 BG0330 BG0403 BG0405 BG0407

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

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

MUTUAL FUNDS 52WK HI 2.09 3.96 1.97 170.77 146.34 1.50 1.67 1.58 1.10 6.99 8.54 6.15 10.52 11.46 10.46

52WK LOW 1.67 3.04 1.68 164.74 116.70 1.44 1.63 1.55 1.04 6.41 7.62 5.66 8.65 10.54 9.57

LAST CLOSE 4.28 17.43 9.09 3.65 1.39 0.15 3.92 8.60 6.10 10.51 10.01 2.56 1.55 6.00 9.75 7.08 3.45 7.01 12.50 10.00 1000.00 1000.00 1000.00 1000.00 1.00 100.00 100.00 100.40 100.00 100.00 100.00 10.00 1.00 LAST SALE 100.00 100.00 100.00 108.89 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

CLOSE 4.28 17.43 9.09 3.65 1.39 0.15 3.92 8.60 6.10 11.25 10.01 2.56 1.55 6.00 9.75 7.08 3.45 7.01 12.50 10.00

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1000.00 1000.00 1000.00 1000.00 1.00 100.00 100.00 100.40 100.00 100.00 100.00 10.00 1.00

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

CLOSE 100.00 100.00 100.00

CHANGE 0.00 0.00 0.00

108.91 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

0.02 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 FG Financial Preferred Income Fund FG Financial Growth Fund FG Financial Diversified Fund FG Financial Global USD Bond Fund Royal Fidelity Bahamas Opportunities Fund - Secured Balanced Fund Royal Fidelity Bahamas Opportunities Fund - Targeted Equity Fund Royal Fidelity Bahamas Opportunities Fund - Prime Income Fund Royal Fidelity Int'l Fund - Equities Sub Fund Royal Fidelity Int'l Fund - High Yield Fund Royal Fidelity Int'l Fund - Alternative Strategies Fund

VOLUME

650

1,000

VOLUME

NAV 2.09 3.95 1.97 174.30 146.25 1.50 1.63 1.58 1.08 6.92 8.03 6.15 10.52 11.46 10.01

EPS$ 0.467 0.932 -0.230 0.540 -0.340 0.000 -0.857 0.574 0.681 0.540 0.559 0.102 0.455 1.212 0.768 0.575 0.929 -0.602 0.697 0.000

DIV$ 0.080 1.000 0.000 0.210 0.000 0.000 0.000 0.300 0.220 0.360 0.570 0.060 0.060 0.290 0.450 0.000 0.340 0.140 0.620 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

P/E 9.2 18.7 N/M 6.8 N/M N/M -4.6 15.0 9.0 20.8 17.9 25.1 3.4 5.0 12.7 12.3 3.7 -11.6 17.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.00% 0.00% 0.00% 0.00% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 7.00% 6.50%

INTEREST 7.00% 6.00% Prime + 1.75%

MATURITY 19-Oct-2017 31-May-2018 19-Oct-2022

6.95% 4.00% 4.00% 4.25% 4.25% 4.50% 4.50% 6.25% 6.25% 4.00% 4.25% 4.50% 6.25% 3.50% 3.88% 4.25%

20-Nov-2029 15-Dec-2017 30-Jul-2018 16-Dec-2019 30-Jul-2020 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2018 26-Jun-2020 26-Jun-2022 26-Jun-2045 15-Oct-2018 15-Oct-2020 15-Oct-2022

YTD% 12 MTH% 2.92% 4.43% 0.98% 1.19% 1.54% 2.45% 3.48% 4.01% 3.17% 7.00% 2.15% 4.22% -1.93% -1.89% 0.81% 2.21% 2.28% 1.30% -1.08% 1.77% -5.96% -3.05% 1.90% 4.59% 7.24% 11.96% 2.77% 3.88% 3.94% 4.69%

NAV Date 31-Aug-2017 31-Aug-2017 25-Aug-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 31-May-2017 30-May-2017 30-May-2017 30-May-2017 30-May-2017 30-May-2017

MARKET TERMS 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

YIELD 1.87% 5.74% 0.00% 5.75% 0.00% 0.00% 0.00% 3.49% 3.61% 3.20% 5.69% 2.34% 3.87% 4.83% 4.62% 0.00% 9.86% 2.00% 4.96% 0.00%

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 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525 | LENO 242-396-3225

EMPLOYMENT OPPORTUNITY FOR

MARINA MANAGEMENT

A major New Providence marina is seeking a General Manager and Assistant Manager.

Qualified applicants require: -Minimum 5 years’ experience managing marinas -Experience managing fuel dock operations -Budgeting and reporting experience -Excellent leadership skills Compensation will be commensurate with experience.

All interested parties must email CV to marinamanager@hotmail.com

N O T I C E EXXONMOBIL CHINA VENTURES LIMITED ______________________________________ N O T I C E IS HEREBY GIVEN as follows: (a) EXXONMOBIL CHINA VENTURES LIMITED is in dissolution under the provisions of the International Business Companies Act 2000. (b) The dissolution of the said Company commenced on the 29th day of September 2017 when its Articles of Dissolution were submitted to and registered by the Registrar General. (c) The Liquidator of the said Company is R.W. Rice, of 22777 Springwoods Village Parkway, Spring, Texas 77389, U.S.A. Dated the 3rd of October, 2017 HARRY B. SANDS, LOBOSKY MANAGEMENT CO. LTD. Registered Agent for the above-named Company NOTICE

EXXONMOBIL CHINA VENTURES LIMITED

____________________________________________

Creditors having debts or claims against the above-named Company are required to send particulars thereof to the undersigned c/o P.O. Box N-624, Nassau, Bahamas on or before 31st day of October, A.D., 2017. In default thereof they will be excluded from the benefit of any distribution made by the Liquidator.

Dated the 3rd day of October A.D., 2017.

R.W. Rice Liquidator 22777 Springwoods Village Parkway Spring, Texas 77389 U.S.A.

THE TRIBUNE

Tuesday, October 3, 2017, PAGE 7

B O DY A N D M I N D

Doing something could save someone’s life

By ALESHA CADET Tribune Features Reporter acadet@tribunemedia.net

I

N EFFORT to further promote community awareness, the Atlantis Health and Safety Department team last Saturday hosted a successful CPR Training event at the Southwest Plaza.

“It was in the year 2010 when the Health and Safety department recognised the overwhelming need for the community to be capable of responding appropriately in emergency situations.

It was with that thought our training centre was born, providing additional resources for the public to obtain accredited life saving certifications,” said Aisha Cooper - Neely, Health & Safety Director at Atlantis.

Also in conjunction with the American Heart Association, one of the centre’s international affiliations, the Atlantis Health and Safety Department recognised September as cardiopulmonary resuscitation (CPR) month for the Caribbean, Latin America, Spain and Portugal.

Aisha believes it was important for all those in attendance on Saturday to know how easy it is to acquire CPR training and become certified. “Through our experience, we have recognised that there is a lot of fear attached to learning the skill for multiple reasons and we want to assist with dispelling this,” she said.

According to the Mayo Clinic, (CPR) is a lifesaving technique useful in many emergencies, including heart attack or near drowning, in which someone’s breathing or heartbeat has stopped. The American Heart Association recommends that everyone, untrained bystanders and medical personnel alike, begin CPR with chest compressions.

“It’s far better to do something than to do nothing at all if you’re fearful that your knowledge or abilities aren’t 100 percent complete. Remember, the difference between your doing something and doing nothing could be someone’s life,” the website stated.

Highlights of the Atlantis Health and Safety Department CPR training session included a video presentation, CPR manikin demonstrations, pamphlet information provided and

ATLANTIS Heath and Safety Department held a CPR Awareness seminar at the south west plaza on saturday. Photos: Terrel W. Carey/Tribune Staff

prize opportunities for participants.

“With non-communicable diseases leading a cause for premature deaths, it is evident that medical emergencies will occur frequently outside of the medical environment, thus the importance for Bahamians to obtain these skills.

Our Bahamian statistics done in 2010 noted that cardiovascular diseases between the years 2008 and 2010 account for 17 per cent and 24 per cent of premature deaths for males and females between the ages of 30 - 69 respectively,” said Aisha.

Combined, the Director said there were a total of 920 premature deaths stemming from diseases such as: Ischaemic Heart Disease, Hypertensive Disease, Cardiovascular Diseases, Heart Failure, and Rheumatic Disease.

“We believe that more people trained in our community would positively impact the rate of survival and the willingness of persons to respond appropriately wherever and whenever a medical emergency occurs. With more of these events and others, we hope to motivate the corporate world, schools and individuals to realize the need within their environment and local

communities, leading them to become certified,” said Aisha.

While CPR Training is a normal part of Aisha’s day-to-day operation at the Atlantis Resort, she said initiatives such as this provides the department with an opportunity to be of greater impact within local communities. It helps to impart knowledge that can enhance emergency response and possibly increase the survival rate in critical care situations. “ his is extremely significant, not just for our team, but certainly Atlantis by extension, who continues to be a corporate and community steward. We’d also like to thank our sponsors, in particular, the Southwest Plaza for graciously providing the space and other accommodations to host,” said Aisha.

Going forward, readers can look forward to more health and safety events.

One to take place on Saturday – October 7 at the Holy Family Parish Hall in conjunction with the Catholic Diocese – Knights of Columbus blood drive from 1pm – 6pm, and also during the month of October, weekly updated information related to CPR provided via the Atlantis Health and Safety Department.

PAGE 8, Tuesday, October 3, 2017

THE TRIBUNE

FDA APPROVES NEW DRUG FOR ADVANCED BREAST CANCER

By LINDA A. JOHNSON Associated Press

U.S. regulators have approved a new medicine for treating a common type of breast cancer after it has spread to other parts of the body.

Eli Lilly’s Verzenio was approved last Thursday by the Food and Drug Administration for women and men with what’s called HR-positive, HER2-negative breast cancer that has worsened after hormone therapy.

According to the FDA, about 72 percent of patients with breast cancer have this type.

The daily pill blocks certain enzymes that promote growth of cancer cells. It’s to be used either alone, after hormone therapy and chemotherapy have stopped working, or in combination

with a hormone therapy called fulvestrant.

Indianapolis-based Eli Lilly and Co. says Verzenio, which is taken until cancer resumes growing, will cost $10,948 per month.

It’s offering patients financial assistance, including 12 months with a minimal copayment for those with commercial insurance.

It will compete with two drugs in the same class, Pfizer Inc.’s blockbuster Ibrance and Novartis AG’s recently approved Kisqali.

Both cost about the same amount but can’t be given as stand-alone treatments to those patients.

“Verzenio provides a new targeted treatment option for certain patients with breast cancer who are not responding to treatment,” Dr. Richard Pazdur, director of the FDA’s Oncology Center of Excellence, said in a statement.

In patient testing, cancer stopped worsening for patients taking Verzenio plus fulvestrant for just over 16 months on average, versus nine months for patients taking a dummy pill with fulvestrant. When given alone, testing showed about 20 percent of patients taking Verzenio had their tumors shrink at least partially for 8 ½ months on average.

Verzenio can cause serious side effects, including diarrhea, low white blood cell count and dangerous blood clots. More-common side effects include anemia, infections, fatigue and vomiting. Pregnant women should not take it.

The National Cancer Institute estimates that this year nearly 253,000 women will be diagnosed with breast cancer, and 40,610 will die of the disease.

THE ELI Lilly and Co. corporate headquarters in Indianapolis. On Thursday, Sept. 28, 2017, the Food and Drug Administration approved Eli Lilly’s Verzenio, a new medicine for treating adults with a common type of breast cancer that has spread. (AP Photo/Darron Cummings)

Medical tattoos help breast cancer survivors

By ANNE DELANEY Associated Press BOBBIE Jean Joiner pushed the paper vest from her shoulders and looked at her breasts in a full-length mirror.

The vest was stamped with outlines of pink ribbons, the international symbol of breast cancer.

That was appropriate because the 56-year-old Joiner is a breast cancer survivor who had a double mastectomy in 2010. And for the first time in a long time, she liked what she saw when she looked in the mirror: an image of who she was before losing her breasts.

Joiner was moved to tears.

“Amazing,” she said. “It looks like I really got nipples, don’t it?”

Last Monday Joiner completed another step in her arduous, seven-year battle with the disease.

Now cancer-free, she visited a Pensacola permanent makeup clinic to replace what the disease took from her. The medical tattoos recreated the nipples and areolas lost with the mastectomy.

Called areola repigmentation, the process restores the appearance of an areola using a digital machine that sends a coloured pigment into the skin with a needle at a rate of 150 times a second.

The specific technique and coloUring allow the areola and nipple to appear to be raised or 3-D, giving them a more natural appearance, according to Trinkette Parker, a micropigmentation specialist who has been performing areola repigmentation for 20 years.

A trained cosmetologist, Parker became interested in areola repigmentation after her sister, Piper, died

of breast cancer at age 38 in 1996.

Since then, Parker said she has performed approximately 800 to 1,000 areola repigmentations, averaging about 40 to 50 a year.

“It’s that finishing touch to look complete,” Parker said. “To look like a woman again. This room has seen a lot of tears.”

Joiner added herself to that list on Monday, tearing up a few times before Parker even began the nearly two-hour procedure.

“It brings all of the memories back,” Joiner said.

“It’s not an easy journey.

The US National Cancer Institute estimated there will be more than 250,000

new female breast cancer cases diagnosed in 2017.

The NCI estimates 40,610 will die from the disease this year.

With assistance from other technicians, Parker will aim to tattoo areolas for 30 women at the event.

The first-time event was originally planned for Pensacola Beach, and Parker envisioned calling it “Boobs on the Beach,” knowing the eye-catching name would attract attention for a process she said is not well known.

“With a mastectomy, they remove the tissue, and what’s left is usually a mess and they’ve been through hell,” Parker said.

According to the National Cancer Institute, there is type of mastectomy that preserves a woman’s own nipple and areola. A nipple-sparing mastectomy might be an option for some women depending on the size and location of the cancer and the shape and size of the breasts.

Parker no longer charges for areola repigmentation, a procedure that may be covered by insurance but can cost between $500 and $1,500 without insurance, depending on if a client has one or two breasts done.

The high cost is one reason Joiner said she waited so long to have it done.

Parker said she’s at a place in her career where she doesn’t have to charge for areola repigmentations, and she wanted to help other women in memory of her sister who also had a mastectomy.

“I was getting into permanent makeup at that time, and I wanted to get into the medical part of it,” Parker said. “They deserve this. What’s a couple of hours of my time?”

Before starting the procedure on Joiner — during which she laid on a medical reclining chair as soft instrumental music played in the office on a small stereo — Parker measured where the areola and nipple

Mosquito gut bacteria may offer clues to malaria control Hopkins Bloomberg School of Public Health who helped lead the research.

Instead of having to kill swarms of mosquitoes, “you MOSQUITOES harbor would basically convert a gut bacteria just like people malaria-transmitting mosdo — and the bugs inside quito population to one the bugs may hold a key to that cannot transmit.” fighting malaria.

Malaria is spread by Today, bed nets and female Anopheles mosquiinsecticides are the chief toes that bite an infected means of preventing person and then, after the malaria, which sickens disease-causing parasites about 200 million people incubate inside the insect’s around the world and kills gut, pass on the infection by 400,000 a year, mostly chil- biting someone else. dren in Africa. But what People, animals, even if scientists instead could insects harbor a community hatch malaria-resistant of mostly healthy intestinal mosquitoes? bacteria, what’s called the Johns Hopkins Univer- gut microbiome. Researchsity researchers reported ers have long known that last Thursday that benefi- some of those natural moscial bacteria living inside a quito germs are capable of mosquito’s gut can help do attacking malaria parasites. just that — two somewhat The hurdle: How to spread accidental discoveries that, that protection to enough if they pan out, might one mosquitoes in the wild to day offer a novel way to make a difference. protect against malaria.

One Hopkins team dis“If you get it to work, covered an oddball strain these mosquitoes would of bacteria that mosquiremain resistant,” said toes can easily pass to one George Dimopoulos, a another. Called Serratia microbiology professor at AS1, it lives in both the

By LAURAN NEERGAARD Associated Press

gut and ovaries of mosquitoes. Unlike other mosquito germs, males transmit this strain to females during mating, and females can infect their offspring.

Genetically altering that bacteria to emit some anti-malaria compounds suppressed parasite growth without hurting the mosquitoes. Researchers fed the revved-up germs to a small number of mosquitoes and let them mate with normal mosquitoes in the lab. Sure enough, the entire next generation harbored the malaria-suppressing germ, Hopkins malaria researcher Marcelo Jacobs-Lorena reported in the journal Science.

In a second set of experiments, Dimopoulos’ team made an even more curious discovery. They altered a mosquito immunity gene to make it more active and help the insects better fend off malaria in the first place.

Somehow, that subtle genetic change also altered the insects’ usual gut bacteria and made them more attractive to mates.

would be placed on Joiner’s breast tissue using a round washer from a home-supply store.

“Do you want it higher?”

Parker asked. “I can do anything. We can put them anywhere you like. I want you to be happy.”

Joiner solicited opinions from Parker and others in the room, including her 88-year-old mother, Beulah, who has been with Joiner for every appointment since she was diagnosed in November 2010. Eventually, Parker ended up re-drawing the outline of the areola and nipple and they were ready to go.

“I’m glad for her,” Beulah Joiner said of her daughter. “Because it seems like it will help her. Help her feelings about herself.”

Bobbie Jean Joiner reported minimal pain during the procedure.

Parker said some clients don’t have sensation in the area after a mastectomy and typically don’t feel pain. Parker, wearing a purple surgical mask and gloves to match, applied a numbing agent to Joiner’s skin to help alleviate initial discomfort.

Once the procedure started, Joiner said she felt only a vibration from the process that stayed on the surface of the skin and resulted in a small amount of blood that Parker regularly dabbed away.

About 95 percent of the procedure is completed in one office visit. Parker said she sees a client back in six weeks to check that the repigmentation is healing properly.

At the end, Parker applied small pads and tape to Joiner’s breasts and gave her a few instructions for home care before sending her on her way.

“I love it,” Joiner said.

“I love it. I do, I do, I do.

Wow. I got real boobs now.”

THIS microscope image provided

by Johns Hopkins Bloomberg School of Public Health shows genetically modified mosquito larvae glowing with fluorescent markers. Mosquitoes harbor gut bacteria just like people do, and new research suggests the bugs inside the bugs may help scientists learn to hatch malariaresistant mosquitoes. (Dr. Yuemei Dong, Johns Hopkins Bloomberg School of Public Health via AP)

Modified male mosquitoes began seeking out unmodified females, and unmodified males sought out modified females, Dimopoulos said.

The theory is that tamping down gut bacteria altered the mosquitoes’ scent.

Whatever the explanation, a colony of mosquitoes in Dimopoulos’ lab has retained malaria resistance for seven years.

Mosquito experts not involved with the research called the work promising.

“Since it is unlikely there will be a silver bullet that solves the issue of malaria, we need to pursue all the available tools in our arsenal to combat the disease,” said Grant Hughes, an assistant pathology professor at the University of Texas Medical Branch.

Penn State University entomologist Jason Rasgon said the findings

are exciting because they go beyond the hunt for better malaria control.

“It’s a new avenue of fundamental mosquito biology — how the microbiome affects behavior,” he said.

What works in the lab doesn’t always work in the wild. Next year, the Hopkins researchers hope to try hatching malaria-resistant mosquitoes in a somewhat more realistic setting, a netcovered greenhouse-like field station in Zambia.

THE TRIBUNE

Tuesday, October 3, 2017, PAGE 9

Let him watch the game - but at a price

By JEFFARAH GIBSON Tribune Features Writer jgibson@tribunemedia.net

“At the end of the day you don’t want to lose your woman over a game. Or do you?,” she asked.

P

UTTING up with a love affair may seem asinine, but several Bahamian women say they are willing to play by their man’s rules only if he is willing to play by hers. This ordeal is not a game, however it involves one.

Last week Tribune Woman spoke to several men about their love affair a love affair which requires full cooperation from their lady, several cases of beer and a big screen TV when NFL football kicks off on Mondays, Thursdays and Sundays.

Unfortunately, since the start of the season things have not been going as smoothly as they’d like for some male football fanatics. So they felt it necessary to lay down ground rules to help make game night as peaceful and conflict free as possible.

Their rules were: keeping distractions to a minimum, no probing questions, no chit chat, no kissing/

Invite Me Along

cuddling and calling only in the case of an emergency.

Now the ladies hit back seeking a quid pro quo. The terms of their negotiation are as follows: Manage Your Time Jenny Thurston likes to think of herself as a reasonable woman and partner.

She is completely fine with her man’s love affair with NFL football on game nights. However, if this fixation with the game means Jenny is neglected in the process “Houston we have a problem,” she said.

“If I have to share my man then he better be on point about this and prioritise me. You can’t expect to

sit up in front of the TV for hours during the week and not dedicate time to me.

You cannot spend all your time watching the game and get upset when I make noise about it,” she said.

Jenny suggests spending time with your woman first, making her a priority and showing her she is important.

Three can be a crowd but in this case it can mean additional company to watch the game with.

“I am not a sports fanatic but I do watch a little bit of basketball here and there.

I would not mind watching Football with my boyfriend either, but the problem is he never extends an invitation to me,” Alexis Miller said.

“I may not know the game but I can learn what it is all about if he told me.

I guess he thinks I would have no interest in it,” she said.

Alexis noted while she does not want to impose on the time he spends with his friend, she does want to feel included too.

Keep the noise down “My husband screams at the TV and that gets on my nerve. Now understand, I am not trying to be a negative Nancy or party pooper

but, you have to respect everyone else in the house too,” Gina Rolle said.

In the midst of the all the excitement happening on the field, some men get carried away while being a cheerleader for their team, but they are encouraged to consider other people in the house who are not necessarily interested in the game.

“While he is occupying his time with the game, I am occupying my time by catching up with my Netflix shows. I can’t focus if I hear his yelling all night long,” she said.

Clean Up after yourself For Tina Mitchell she hates when game night comes to a close and the living room area is in a mess with empty beer bottles on the coffee table and food crumbles all over the floor.

“My only rule is clean up after yourself,” she said.

“I understand that when the game is done my man may want to plant himself on the bed and go to sleep, but why should I have to clean up after him?”

Tricks to almost being the perfect mum YOUR house is spotless, your children are well behaved, and every night there’s a beautiful homecooked meal on the table.

Just how do you do it?

The answer: You don’t.

From 1960s how-to guides portraying the perfect mother to today’s Pinterestcrazed super moms, there’s always been pressure on women to do it all. But in reality, it’s unrealistic, and mums today are saying: “That’s OK.” “Being a mum, you quickly learn to let go of trying to perfect every aspect of your life,” says actress and mum Busy Philipps. “So rather than trying to perfect things, I rely on tools to simplify those chaotic moments,

which allows me to enjoy what matters - time with my kids ... and my sanity.”

With that mantra in mind, Philipps is sharing some of her favourite life hacks.

Here are a few secrets for mums - both beginners and seasoned - for getting things done and enjoying life’s good moments: Make me-time and themtime: “It’s so important to master me-time!” says Philipps.

“Nothing beats getting up early for a good workout before starting the day.

Want to really maximize a workout? Plug in your headphones, stream your favourite show and get your heartbeat pumping while catching up on those episodes you missed! Another

secret? Include your kids in ‘me-time’ once in a while for a ‘them-time’ session.”

Minimize laundry time: “Never-ending laundry is a never-ending headache.

I love my LG SideKick washing machine, which is a pedestal washer attached to my main washer,” says Philipps.

“It’s perfect for washing those small laundry loads that are a big deal and can’t wait - from a soccer uniform to delicates and activewear.

You can also wash two loads at the same time when you need to: large loads in the main front-load washer and delicates - like my favorite workout clothes - in the LG SideKick, which is a huge time saver.”

Cut cooking chaos: “Forget the foodie frenzy,” Philipps stresses. “If you can pull together a simple and nutritious meal for the family, you are a superstar.

This doesn’t require slaving away for hours in the kitchen. Internet search one-pan recipes. When time is really crunched, there’s no shame in takeout. Trust me, everyone does it.”

And her healthy eating tip? “I get my kids to eat healthy by hiding nutritious food - like broccoli pureed into spaghetti sauce - so they don’t even know they are eating it. A page from a book I swear by: Jessica Seinfeld’s popular

cookbook, ‘Deceptively Delicious.’”

Create a healthy competition: In a perfect world, your kids would enjoy helping with all the household chores. In the real world this can feel like fighting a losing battle. Philipps’ solution: Try using a little trick psychology. “Think of ways to transform cleaning into a competition,” she says.

“Who can toss the dirtiest clothes into the baskets?

Who can make their bed faster? Who can match more pairs of clean socks from the laundry in 60 seconds or less? Kids will race to win, all while helping you get those chores done.”

“Being a parent can get messy, but obviously we wouldn’t want it any other way,” says Philipps.

“Tricks like these help me accept that life’s not perfect, which is okay because life’s good. And good is great!”

TO ADVERTISE TODAY IN THE TRIBUNE CALL @ 502-2394

Calling All High

SCHOOL S1BACK TO SCH OOL

STUDENTS

2 0 1 5

The secret answer to stress - salt Stress. No one wants it, but we all experience it from time to time. Higher levels of stress can cause problems at work and at home. But stress is not just hard on your mental wellbeing; it is also hard on your body and can lead to many negative health outcomes.

Stress levels can also increase significantly when economic times are tough.

In England, the British Health and Social Care Information Centre found that stress had increased by 47 percent during that country’s recession and that stress was the single biggest cause of sickness in the UK, affecting 20 percent of the population. Professor Cary Cooper of Lancaster University, an expert on stress, was alarmed and told The Independent: “I have never seen figures like this before. Stress is a trigger mechanism for a whole range of conditions, from heart attacks to immune system disorders, mental illness and depression and anxiety.”

Everyone is familiar with comfort foods, but the key comfort foods that have been shown to actually reduce stress all contain

salt. Stress is characterized in the human body by high levels of the hormone cortisol, referred to as the “stress hormone.” Scientific research has shown, in animals and in humans, that increased levels of salt consumption are effective in reducing levels of cortisol.

Research from the University of Haifa, published in the science journal Appetite, confirmed the relationship between salt and stress in humans.

Researchers found an inverse correlation between salt and depression/stress, especially in women. Craving salty foods may very well be a biological defense mechanism we evolved to cope with daily stress.

The researchers reviewed data from the U.S. National Health and Nutrition Examination Survey (NHANES) using 10,000 individuals and demonstrated that depression and stress were higher in individuals who consumed less salt, a trend more prevalent in women than men. They noted that the relationship of higher depression with lower salt intake in humans was consistent with the results of other animal studies. They also found

that young people, up to the age of 19, selectively choose foods that are higher in salt, indicating a natural feedback mechanism driving them to consume higher salt foods and rewarding them with more vigorous growth.

Other good stress-relieving tips include getting a good night’s sleep and taking time off to focus on relaxation and regular exercise, which has added health benefits. Of course, with exercise, another benefit of salt becomes apparent, as this vital nutrient is necessary to remain properly hydrated and healthy. When you sweat, you lose not just water but also electrolytes (including sodium) which need to be replenished.

The fact remains that whether they are called comfort foods or mood stabilizers, research indicates salty foods are effective at making us feel better and reducing our heightened stress levels, a common condition in today’s everchanging world. So, the next time you finish a stressful day and want to wind down and relax, don’t be surprised if you instinctively reach for a salty snack.

•

S U P P L E M E N T

HEAD GIRL ASHLE Y THOMPSON WITH HER PRIZES JOHN'S COLLE GE GRADUATION AND AWARDS CEREMONY. PHOTO AT THE ST : PETER RAMSA Y/BIS

Every year in August THE TRIBUNE publishes a popular Back to School supplement as a guide to the following academic year.

In the supplement we feature the profiles of high school students across the Bahamas and Family Islands.

We want profiles from as many schools and students as possible to make this guide essential and informative.

Profiles must include 1. Name 2. Age 3. School 4. Grade 5. Parent name or names 6. Goals and aspirations, prizes won and honours awarded

7. Name of college they will be attending (if attending) Plus a suitable photograph in .jpeg format (graduation or any other image).

How to submit profiles Email to back2school@ tribunemedia.net with ‘Back To School’ in the subject field and photos in .jpeg format.

By post to Back To School, The Tribune, Shirley Street & Deveaux Streets, PO Box N-3207, Nassau.

By hand to The Tribune office The deadline for the profiles is June 30, 2016 and there is no cost involved. For any questions please contact Tribune Features at 5022373 or 502-2387 or 502-2411.

SECTION B

TUESDAY, OCTOBER 3, 2017

THE 2017 DEAR FUTURE ME PANELISTS

BE POSITIVE ABOUT CHANGE AND GIVE BACK

By ALESHA CADET Tribune Features Reporter acadet@tribunemedia.net

R

AQUEL PINDER’S Beauty Beyond Feelings organisation recently delivered yet another sold out show - hosting a “Dear Future Me” themed conference at the British Colonial Hilton.

As the owner of her very own hairstyling company, Styles By Kelly P, Raquel has used her platform for many years, hosting events with hopes of inspiring, uplifting and motivating women to be beautiful beyond their feelings. The entrepreneur enjoys singing, writing poetry and is very passionate about ministry and women’s empowerment.

“Beauty Beyond Feelings is important because there are so many women who are going thr ough so much and don’t have an outlet for all the emotions they often hold in. Some of us are up to our necks with bills and have allowed how we feel about these situations to dictate how we act. This movement is that positive change for the Bahamas.

We are all about giving back,” said Raquel.

At the recent event, Bahamians enjoyed a long evening of inspirational and motivational speaking presented by names like Naijie Dun taking on the topic of “Faith Walking,” Aneka Stewart speaking on “Purpose,” Shakeisha Johnson touching base on “100 Days of Singleness,” Xavia Rolle on “Entrepreneurship,” Marcus Laing sharing tips

on “Knowing Your Brand,” and Niandra and Kenard on “Balancing Marriage and Family Business.”

Activities also included a Mix and Mingle and the signature Beauty Beyond Feelings Rap Battle segment, hosted by Raquel and Bahamian Gospel artist Ruebin Heights.

“The feedback I received was very positive. People loved the fact that each panelist brought different experiences and gave much needed encouragement.

They raved about the Mix and Mingle that took place before the panel discussion, which gave them an opportunity to network, partake in a few games and win a few prizes,” said Raquel.

For Raquel, the highlight of the night was a surprise presentation to Mark Cartwright, Founder of the FamFest organisation and owner of Forsythes Communication. Raquel said Mr Cartwright has supported the Beauty Beyond Feelings organisation from its inception and she is indeed grateful.

“The goal was to enlighten, empower and generate conversations that would motivate attendees to take the risk, know who you are, be confident in what you believe in and walk in faith and at the event this goal was met,” said Raquel.

With hopes of carrying on the Beauty Beyond Feelings mission, Raquel’s club activities will continue at the St Anne’s School going forward for the remainder of the year. In 2018, the organisation will recognise and celebrate its 10th annual event.

RAQUEL PINDER - Beauty Beyond Feelings Founder speaks at this year’s conference.

RUEBIN HEIGHTS

“Beauty Beyond Feelings is important because there are so many women who are going through so much and don’t have an outlet for all the emotions they often hold in. Some of us are up to our necks with bills and have allowed how we feel about these situations to dictate how we act.”