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News Article
Red-hot cause

From 1985, the year the first clinical case of AIDS was identified in The Bahamas, up to December 31, 2012, The Bahamas has had a cumulative total of 12,712 reported HIV infections; 8,186 of those infected persons are believed to have been living with the illness at the end of 2012, according to the UN AIDS Global AIDS Response Progress Report Country Report at March 31, 2014, prepared by the Ministry of Health and the President's Emergency Plan for AIDS Relief (PEPFAR).While funding for national HIV/AIDS initiatives comes primarily from the government, support for specific initiatives comes from a variety of partners, one of which is the AIDS Foundation of The Bahamas. It is this organization that is gearing up to host the return of the glamorous charity fashion show and cocktail reception known as The Red Dress Soiree, a fundraiser to support the outreach program for adolescents infected and affected by HIV/AIDS. It's a program that provides a safe and nurturing environment where youths receive assistance through three components -- academics, psychosocial intervention and medical treatment.Through its outreach program the AIDS Foundation of The Bahamas provides tutors to help the students with homework assignments and gives them access to computers for schoolwork research; a social worker and case aide also support the teenagers with everything from getting to the clinic, to picking up report cards, to counseling and job preparation skills. The program also works closely with the National HIV/AIDS Program, which refers the participants to the AIDS Foundation program. The beneficiaries are also able to receive a hot meal five times per week.The Red Dress Soiree, which honors successful women who are at the top of their careers and who have impacted Bahamian society in positive ways, will pair 14 women with Bahamian designers to create a red dress or red ensemble that will be showcased by the women on Saturday, September 20 in the ballroom at the British Colonial Hilton at 6:30 p.m. One hundred percent of proceeds raised from the Red Dress Soiree, including funds from ticket sales pegged at $100 as well as the silent auction, will go toward the work of the Bahamas AIDS Foundation to benefit the outreach program.The Red Dress Soiree was staged in 2012 for the first time and organized by Tyrina Neely. It was so successful that the foundation wanted to do it again in 2013, but Neely was unable to. Bahamas AIDS Foundation President Lady Camille Barnett asked Neely if the AIDS Foundation could take over the event. Neely agreed, promising to help when she could."What I love about the Red Dress Soiree is that it's not only a fundraiser, but we're recognizing women in the community who are successful in whatever they're doing and some of the women are humanitarians. We're also recognizing Bahamian designers and highlighting the incredible creativity of our Bahamian designers," said Barnett.The women and designersThe women committed to walking the catwalk for charity this year include Lady Joan Foulkes, Dr. Nicolette Bethel, Alexandra Maillis-Lynch, Inga Bowleg, Pat Walters, Dr. Tracey Halkitis, Karen Carey, Eldece Clarke, Lisa Sawyer-McCartney, Candia Dames, Antoinette Russell, Patrice Ellis, Amanda Lindroth and Marisa Mason-Smith.Participating designers include Brynda Knowles, Jeff St. John, Fenna Mae Lopez, Sabrina Francis, Judy Deleveaux, Theodore Ellyett, Phylicia Ellis, David Rolle, Apryl Burrows, Indira Moss, Kathy Pinder, Patrice Lockhart, Javotte Bethel and Rachel Garcia.In selecting who would take to the catwalk, Barnett said the foundation chose categories and named four people in each category; a committee then made the final selection. Proceeds from the silent auction from the first Red Dress Soiree went to the foundation. Approximately $20,000 was raised. Barnett is hoping to raise at least $20,000 this year. She said it costs approximately $2,000 per person per year in the AIDS Foundation's program. Raising $20,000 would cover the costs for 10 individuals. The Bahamas AIDS Foundation currently serves 80 kids and teenagers.The Bahamas AIDS Foundation's outreach program, which is in its fifth year, was started after members became aware of HIV positive youths who weren't taking their medications. As a result, the children were getting sick and were constantly in and out of hospital. After a few teenagers died, she said they had to do something. The AIDS Foundation decided on an afterschool academic program to engage with the young people. It was their hope that once the children and teenagers became familiar with the afterschool program, they would then try to tackle some of the psychosocial issues concerning taking their medication."We started out with one person and we actually have 80 young people registered in the program," said Barnett. "Not all of our kids come to the afterschool program. On any given day we may have anywhere from 19 to 23 young people actually coming for the afterschool segment of it. Some of the kids, the social worker works with them outside of the program for whatever reason they don't want to come. Or maybe some of them are out of school, but we still work with them and try to help them," she said.The AIDS Foundation's social worker also goes out to clinics whenever they're held to offer support to the young people and invite them to be a part of the outreach program.In 2012, the number of people diagnosed with HIV/AIDS was 383. Of those cases, 293 were newly reported HIV infections, including persons newly diagnosed with AIDS at the time of HIV diagnosis or within the same year as the HIV diagnosis. Over half of the new infections reported in 2012 were among males. Persons aged 15 to 24 accounted for 17 percent of newly reported infections, while persons aged 25 to 44 years made up 50 percent of cases. Ninety-one percent of persons diagnosed in 2012 resided in New Providence, five percent in Grand Bahama and one percent in Eleuthera. Forty-nine percent of newly diagnosed infections in 2012 were among males, while females accounted for 51 percent of cases."With the adolescent program, it's not only the kids who are infected, but those who are affected as well, because when you're in a household and someone is HIV positive, it affects everybody in that household, even if it's the mother, because she may be hospitalized frequently. Then there's this big secret because we don't want anybody outside of our family, even some members of the family, you don't want to know that you're HIV positive. We felt it was important to include those kids who are affected as well in our program, especially if they're looking after that person -- if it's their mom, they're missing days of school, so they are placed at a disadvantage as well," said Barnett.Education is keyThe AIDS Foundation also assists with education. Even though the stigma surrounding HIV/AIDS is not as bad as it was a decade ago, Barnett said it's still there, and education about how HIV/AIDS can and cannot be contracted has to be continuous. According to Barnett, even with the efforts to make education and information available to the public, there are still too many women who do not seek prenatal care until it's too late. She also said there are people in denial who do not take their medication or do not take [the medication] as they should, daily."They say on average three percent of the population is HIV/AIDS positive, and that's a whole lot of people -- and some persons don't even know that they're HIV positive because they don't have any symptoms as they're not sick, they're carriers, and don't know that they're passing it onto someone else," she said.When the Bahamas AIDS Foundation started, its goal was to cater to teenagers from 13 to 18. Today, Barnett has found that the organization is catering to children as young as eight and as old as 23."We're seeing actually a shift in our program from kids who are in school to having more and more kids who are out of school and looking for work. So we're trying to provide them with job skills and job training to help them find jobs," she said.It is funds raised from events like The Red Dress Soiree that go toward helping the foundation do its work; Barnett and the foundation's team are excited to stage the second soiree and raise as much as they can, while at the same time honoring Bahamian women and fashion designers."There are so many fabulous women in our society doing fabulous things, and we just need to recognize them," she said. A new component to the Red Dress Soiree will be the creation of a 2015 calendar, which will be shot by photographer Scharad Lightbourne, featuring the women in red along with their designers."I am so excited about the calendar [which] was the brainchild of Brynda Knowles," said Barnett. "Tyrina had also thought about it but didn't do it in 2012, and when we put the idea to Scharad, he was excited. The women and their designers will be photographed at Sapodilla Estates. Barnett is hoping the calendars will be ready by the AIDS Foundation Ball in November.The Bahamas AIDS Foundation is a non-profit, non-government organization dedicated to the fight against HIV/AIDS in The Bahamas. Its mission is to support the fight against HIV/AIDS in the community; provide education and awareness; assist in the prevention, treatment and cure and provide support for people living with HIV/AIDS.The Bahamas AIDS Foundation was established in 1992 by the Zonta Club of Nassau. The club's members were approached by Dr. Perry Gomez, director of the national AIDS Program, to establish the organization to assist in the fight against HIV/AIDS.Tickets for the Red Dress Soiree are available from Carlyne Smith-McKenzie, executive director of the Bahamas AIDS Foundation located on Delancy Street, telephone 325-9326/7 or can be ordered by email from

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News Article
Lignum Vitae Center of Hope gives a hand up

The saying "Every little bit helps" can sometimes ring false when more comprehensive plans for empowering disadvantaged groups of people offer better long-term solutions that scattered donations.
Such is the sentiment behind the Lignum Vitae Center of Hope (LVCH), a nonprofit agency for positive social change in the community through their initiatives for collaboration and education. In order to rally support for the many programs they have their hands in, they will hold a night of beautiful classical music, Strings and Stars on the Harbour.
Featuring gorgeous selections from world renowned classical guitarist Julian Byzantine as well as Adrian D'Aguilar, Kim Welcome and Naomi Taylor, among others, the informal and light-hearted event will be held February 4 at 7:00 p.m. at the stately Lee Shore on the East Bay Street Foreshore.
Strings and Stars on the Harbour will also feature the culinary delights of Citrus Catering and chocolate tasting by "Cocoa Plums" of Freeport.
All proceeds from ticket sales will benefit the Lignum Vitae Center of Hope so they can continue to help others to help themselves by promoting self-sufficiency and sustainability.
Started in 2010 by 14 founders who had extensive backgrounds in charitable work, LVCH grew out of this sentiment after several of its founders realized a more comprehensive approach was needed in charitable gestures in order to ensure long-term solutions.
"We realized we could always keep handing out but we were enabling people," says Sheila Prichard, a director of LVCH. "We weren't achieving anything and motivating change. So two years ago we thought we needed to come together and find strength in numbers."
"We were perpetuating the problem by enabling them," adds another director, Anne Lever. "Now the whole focus is not giving hand-outs but rather hand-ups."
After spending time on the ground in communities that needed assistance, what many of the center's founding members discovered was not the need for more organizations and nonprofits to help out - indeed, many of them existed for the same causes - but the need to bring them all together in the name of community improvement.
To that end, one of the major projects by LVCH is BahamaVOICE, a directory of charitable organizations in order to promote collaboration and sharing of resources and information. It is only through bringing these groups together through their similar causes, explain the directors, that long-term and significant change can come about.
"What we're hoping to do through our supplement is to bridge these gaps by holding workshops and directing groups to one another who have similar causes," explains Lever. "So instead of us helping a few individuals, we can help groups that help lots of people. We thought we'd inspire or assist what's already there."
In a similar vein, their 4H program brings those together who share the interest of youth development in order to train them in leading workshops and classes to empower young people in the community. This program - which address the four aspects of development: Head, Heart, Hands and Health - has already shown success in various urban renewal centers around New Providence.
"It's all about teaching skills to young people to make good decisions and to be leaders," says Prichard.  "But it's not about telling anyone what to do and how to do it."
Indeed the 4H program allows its members to make major decisions for the group such as electing group leaders - among other exercises - in order to provide educational experiences that form positive attitudes and values - something which they may not get anywhere else.
"The parents and grandparents aren't there at home because they're out working and come home exhausted," says Prichard. "The quality time to help children understand the rules of life and the rules of being part of a community; a lot of that isn't happening anymore. So this program teaches them empowerment and responsibility and possibility."
These are only two programs in a slew of already implemented and planned initiatives by the Lignum Vitae Center of Hope to promote positive social change in Bahamian communities - and they have a long way to go. Yet they believes with help by the community, they can get there, and one way to help is by attending their event Strings and Stars on the Harbour.
"We want it to be an enjoyable evening with a focus on something a little different," says Lever. "To date we have gotten ourselves to where we are through the kindness and assistance by the community. We want to invite people to come on the journey with us for positive social change."
By contributing to the event in their ticket sales, guests can be confident that their donations are not only going to one cause, but are in fact through LVCH reaching many other nonprofit organizations for more substantial and sustainable social changes in the community.
"We're all for doing things differently," says Prichard. "We want to give young people opportunities in this country so we see the potential in partnering with social entrepreneurs in the community. If this country is going to move forward successfully, we need to help young people change."
Tickets for Strings and Stars on the Harbour are $100 and are available at Custom Computers locations in Harbour Bay and Cable Beach or by calling 676-9240, 393-2046 or 324-0690. For more information about the Lignum Vitae Center of Hope, find them at Lignum Vitae Bahamas on Facebook or

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News Article
Flying taught me to take life head on

Peter Dupuch is the president of ERA. Buying and selling property for more than 20 years, he is a former director of the Bahamas Real Estate Association and holds the elite distinction of Certified International Property Specialist. Peter is also a commercial pilot and once worked for Bahamasair.

Guardian Business: What is the biggest challenge facing your business or sector? What measures need to be taken in The Bahamas to solve it?
Peter: The two biggest challenges that I have in my business:
1. Maintaining and managing our website and keeping it competitive in the search engines. It's a never-ending effort. I told somebody the other day, "I remember when I used to sell real estate. Now I do websites."
2. The increased government stamp tax. It's prohibitive to investment and commerce and it's unfair to the lowest income sector. Their stamp tax was doubled from 2 percent to 4 percent overnight for property under $25,000. Facts show that it's stifling the real estate market. Moreover, property tax rates are astronomical and modes of valuation seem random and antiquated.
We should be trying to stimulate a lagging economy (especially in the Family Islands) by facilitating the purchase of residential single-family properties. Instead we double the tax rates of those who can least afford it.

GB: How has your business or sector changed since the financial crisis?
Peter: The real estate business was one of the hardest hit by the financial crisis worldwide, but luckily we weren't hit as hard as our colleagues in other parts of the globe. Because our banks lent money more conservatively than abroad, we didn't have a complete real estate collapse. But we suffered because the foreign markets suffered, especially the U.S. market. But I feel blessed. My business has remained strong throughout the years.

GB: Can you describe a life experience that changed how you approach your work today?
Peter: Learning to fly 31 years ago changed my life forever. As a kid I dreamed of flying, but was scared to death of getting in a plane. On my first introductory flight in a little sardine can with wings, I was so scared. I reconciled with myself that I was going to die and I just accepted it. I've never looked back since that day.
I went from a first time pilot to a commercial pilot in seven months and eventually was hired by Bahamasair and flew their B737s. I still fly today and feel as comfortable in a plane as I do on my couch.
Flying has taught me to take calculated risks, set goals, to not be distracted by things I can't control, but to be competent and knowledgeable about the things I can control. It's taught me to concentrate, to prioritize and to take life head on. Learning to fly gave me the confidence to do anything I put my mind to.

GB: What are you currently reading?
Peter: I read a lot. Right now I'm just finishing "Pillars of the Earth" by Ken Follett. I read more fiction than non-fiction. But, I like non-fiction that relates to business. One such books I read recently was "Steve Jobs", the biography. He was driven! Was he a good boss? I wouldn't have wanted to work for him. But he was the most successful businessman in history - and against immeasurable odds. He was confident, competent and knew everything about his industry.

GB: Has the high cost of energy hurt your business? What solutions have you initiated or considered to combat it?
Peter: No, the high cost of energy hasn't hurt my business as much as other factors. Luckily we are a small footprint and don't burn a lot of energy. But I'm an impulsive light extinguisher. I'm famous for plunging our lunch room into darkness not realizing that people are eating in there.

GB: What makes a great boss? What makes a bad boss?
Peter: A good boss listens. I am guilty of being hard headed when I feel sure about something, but a good boss cares about his employees and tries to make the workplace a fun, fair, and happy environment. Most of my workmates went to school with me and we are lifelong friends. We're a team. Like family. We talk openly; we argue passionately. We have fun. But we work hard. We work together and we look out for each other. Our weekly sales meetings are loud and emotional but we're always laughing. I'm not saying I'm a good boss, but my team stands beside me.

GB: If you could change one thing concerning business in The Bahamas, what would it be?
Peter: I've never done business anywhere else so I don't have anything to compare it to. But, in my sector, I'd like to see better access to complete and accurate public and historical records through online computerization. Business license, drivers license, property tax records and payments, maps, plot plans, chain of title, national insurance etc. should all be available online. I want to be able to see everything from my desk without having to drive anywhere in my car. To research something in The Bahamas takes a team of people running all over the place sifting through volumes of paper records at multiple government departments. People want information "at the speed of light", as Bill Gates says, but we're still writing out car licenses by hand. Thousands of man-hours wasted standing in line.

GB: What keeps you grounded?
Peter: My wife. Who else? And my children, who are three, five and seven. I feel I have a responsibility to protect them and provide them with the best I can give. That's not easy in the world today. It's a very daunting task. But it keeps me grounded. I need things to keep me grounded though.

GB: Do you have any major interests other than work?
Peter: I love playing music on the piano and guitar. I've recently been teaching myself the drums and bass but I'm not there yet. I don't read music well and that's another of my goals but I'm impatient and always throw the book down and just play from my head. I also enjoy tennis, flying and boating.

GB: What should young businesses keep in mind in this current economic climate to survive?
Peter: Cut unnecessary costs and spend money wisely. Save for the rainy day and be prudent at any outlay of cash. I always ask myself - If we spend this dollar, what will we get back for it and when will we get it back? If I can't answer that question, then I don't spend it.
I probably get 50 emails and requests per day from people trying to sell me something that I don't need. It becomes overwhelming. So you have to pick and choose and be wise in your decisions when it comes to capital outlay.

GB: How would you describe or classify the ease of doing business in The Bahamas?
Peter: Well, I am a Bahamian and I'm used to doing business here. I've lived here all my life. I love it because I know everybody and everybody knows me. In larger countries, you're just a number - another salmon trying to swim upstream. We have our challenges with inefficiency and red tape in The Bahamas but I feel we have more personal and lasting relationships between colleagues. I like walking into a business where I know the owner or manager or employee. We have big city problems here in Nassau but there is still a certain small town feel to doing business. I like that a lot.

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News Article
Custom Computers A's for Excellence Continues to make a Difference in Improving Education in The Bahamas

Nassau, Bahamas - Continuing in its tradition of
rewarding excellence in education, Custom Computers teamed up this year with The Hewlett-Packard Company to
present brand new computers to the winners of its Fourth Annual A's For
Excellence Awards Competition on Saturday, September 3rd, at its
Cable Beach Location. The promotion which started earlier this year, allowed
students throughout the Bahamas who received at least one 'A' grade on their
final report card, a chance to win the prizes donated by HP.

On hand for the presentation this
year were the Minister of Education, the Honourable Desmond Bannister, and Mr.
Polo Sanchez, Sales Manager for Hewlett-Packard...

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News Article
The aragonite hysteria

President of Sandy Cay Development Co. Limited Tony Myers told National Review that claims the company is making substantial sums of money from its aragonite operation at Ocean Cay are not true.
The Bahamas National Citizens Coalition, National Congress of Trade Unions of The Bahamas President John Pinder and others have claimed that aragonite is selling for $900 per metric ton on the open market, but the government is only getting $2 per metric ton.
After he was contacted by National Review, Myers, a Bahamian businessman, said the unprocessed aragonite being shipped from Ocean Cay is being sold on average for $12 to $20 per metric ton.
We requested that he show us invoices to prove his statement.
Myers was off island when we made the invoice request this weekend. He electronically provided one invoice that shows a recent sale for $12.50 per metric ton and committed to providing us with additional invoices to show the company's prices.
He also told us the company has only had 16 export shipments since it started aragonite harvesting in 2010. He also provided National Review with documentation on those 16 shipments.
According to the documents provided to us, Sandy Cay has shipped 106,855.69 metric tons of aragonite since 2010 to various companies.
The government of The Bahamas has received $213,000 in royalties.
We admit our surprise that the shipment amount seemed so low.
Myers estimated that the resale cost of aragonite -- after his company sells to U.S. companies and they complete the refining process -- increases to around $75 per metric ton for the glass market and up to $400 per metric ton for the plastics market.
But he explained, "It takes a huge amount of labor, specialty equipment and electricity cost to take this mineral down to a size of three microns -- a very, very small particle size, basically the size of smoke.
"It is combined or coated with a chemical called stearic acid, and then it's moved into a compounding facility where it's combined with plastic resin, so there's a lot of costs that are added to it.
"So when you say oh, you're selling it for $900 a ton, or even if you were to realistically say you're selling it for $400 a ton, well, there's a tremendous amount of cost or value added that has been built into the material cost from when it's left the ocean at Ocean Cay to the time it actually meets that market."
The aragonite does not attract the estimated $400 per metric ton sale price at Ocean Cay because it is not refined there, he said.
We were also stunned to hear Myers say the company has not yet made a profit from the operation and pressed him repeatedly on why it has stayed in business.
Myers said Sandy Cay is now poised to make money from the operation, although competition for calcium carbonate is great.
We start with those statements in the context of all that is being said nationally now about aragonite and what we as Bahamians could earn from it.
Across The Bahamas, there is growing hysteria over aragonite, a naturally occurring unique carbonate mineral found in abundance in our ocean.
Commonly, it is known as sand and has widespread uses in various industries, including aggregate, agriculture, glass, power plant desulfurization, plastics, food, pharmaceuticals and cosmetics.
We are told by a citizens coalition of union leaders, pastors and civic activists that Bahamians are being raped by developers mining our precious natural resources -- and that successive governments have signed sweetheart deals with investors ruthlessly scarring our environment to our detriment.
Those driving the discussion -- the Bahamas National Citizens Coalition and John Pinder -- tell us that, "From 1964 this outrageous exploitation of our resources has continually taken place with minimal benefits to The Bahamian people and exorbitant benefits to private citizens."
We are also told that if the government of The Bahamas negotiated the royalties we deserve, the government could pocket as much as $300 million per month. This renegotiation could wipe out our national debt, make us all prosperous and drive down our social woes, they tell us.
We have also heard that in 18 months, every Bahamian could have at least $50,000 in their bank accounts, if only the government would act in the interest of its citizens and do the right thing.
The voices of the union leaders and the other activists have been getting louder, as have the voices of many people calling into local talk shows and demanding the government take action to stop this "criminal act" against its people.
In all of this, we have barely heard the voices of our leaders in government and we have not heard the voices of those harvesting aragonite.
The debate has largely been driven by emotions.
So we set about getting the facts. In so doing, we approached the matter without any prejudice.
What struck us in our initial probe is that the Bahamas National Citizens Coalition, John Pinder, and others driving the hysteria are largely misinformed.
Admittedly, this is a complex matter and we ourselves still have a great deal of research to do. But from our initial digging, we have started to sort through the confusion and seek to provide a more reasoned, fact-based approach to the aragonite discussion.
The first thing we did was contact Sandy Cay Development Company Ltd., the company producing aragonite sand in the crystalline form "oolitic aragonite" at Ocean Cay, south of Bimini.
Our phone call was answered and Sandy Cay President Tony Myers agreed to a meeting with National Review to share with us what is taking place at Ocean Cay and provide us access to important figures on pricing and production.
We also read Sandy Cay's lease with the government of The Bahamas and discovered that some of the claims being made by the coalition are not true.
Despite the coalition's statement of "fact" that the royalties negotiated by the government is renewable every two years, we have seen nothing in the 25-year lease to suggest this.
So, despite all that we have been hearing, there is nothing coming up for renewal in June, or anytime soon.
Coalition Chairman Rev. Andrew Stewart admitted to National Review when we contacted him on Friday that the coalition has not seen the lease, has not contacted the investor, and based that statement of "fact" on what he called "an assumption".
This stunning admission casts doubt on everything we have heard so far from the coalition driving this debate.
This is not to say that the government should not step into this debate, provide clarification and lay out the facts for Bahamians dispassionately.
Ocean Cay, the 95-acre site of the country's only aragonite operation, is located nine miles south of Cat Cay, 27 miles south of Bimini and 65 miles east of Miami.
The cay was originally around 30 acres and built in the 1970s.
A popular Sports Illustrated article from 1970 that is currently making the rounds on social media said the Dillingham Corporation had "exclusive rights in four Bahamian areas totaling 8,235 square miles".
"In these areas there are about four billion cubic yards -- roughly 7.5 billion long tons -- of aragonite.
"At rock-bottom price the whole deposit is worth more than $15 billion. An experienced dredging company like Dillingham should be able to suck up 10 million tons a year, which will net the Bahamian government an annual royalty of about $600,000."
It said, "On the basis of such big, round figures, the mining of aragonite seems to be a bonanza operation. In reality, it is still a doubtful venture for both Dillingham and The Bahamas."
In 1984, Marcona Ocean Industries bought the operation and held it until 2000.
On March 27, 1992, then Minister of Works and Lands Philip Bethel signed a 21-year lease with Marcona. The royalty was between 14 cents and 30 cents per metric ton.
Marcona sold to three markets: glass, agriculture and power.
In 2000, the AES Corporation bought the lease, hoping to convince The Bahamas government to agree to the establishment of a liquefied natural gas facility there. Amid a great deal of controversy over LNG in The Bahamas, no approvals were granted and the company eventually packed up and left.
It sold to the current owner, Sandy Cay Development Co. Limited in 2009. According to Myers, it is 100 percent Bahamian owned. The previous companies were all foreign owned.
A letter dated June 3, 2010 written by Permanent Secretary in the Office of the Prime Minister David Davis to Sandy Cay's lawyer, H. Campbell Cleare III advised that approval was granted for the company "to recommence its mining operations at Ocean Cay and to export aragonite from The Bahamas".
Davis advised, "For a period of two years commencing from the date of this letter the royalty payable to the government shall be $2 per metric ton, payable at the time of export from The Bahamas."
He also wrote that the island lease payment was $7,500 per annum.
Additionally, the letter advised that the company would be afforded duty exemption on the import of equipment required for its start-up operations as per the current lease. "However, this exemption will not be extended to consumables..."
The letter also mandated that the company provide the government with quarterly statements as to the amount of aragonite mined and exported and the destination of such exports.
Davis wrote, "This office stands ready to commence negotiations for the new lease, and in this regard, you are invited to prepare a first draft".
It seems the June 3, 2010 letter from Davis -- in the absence of a public release of the lease eventually negotiated -- has fueled this misinformation of a two-year renewal.
The government signed a lease with Sandy Cay on April 20, 2012. It provides for "an initial term of 25 years". It provides for "the right of renewal hereinafter".
The lease was backdated to June 3, 2010, the date when negotiations started for the new lease.
Myers explained to National Review that after he purchased the former lease from AES in 2009, the Ingraham administration had concerns about the purchase by a Bahamian company from a foreign firm.
He said the operation was placed on hold. It resumed the following year after Davis issued the letter advising Sandy Cay that it may recommence operations while the lease negotiations take place.
The new lease signed with Sandy Cay provides for "a royalty computed as B$2 per ton for demised mineral exported from The Bahamas encompassing the first five years of the lease, after which the royalty shall be computed as 10 percent of the sales price, with a minimum fee of B$2 per ton up to a maximum fee of B$12 per ton for demised mineral exported from The Bahamas".
It also states that the rent for the lease is $7,500 per annum commencing June 3, 2010.
For years three to seven the lease payment is fixed at $8,250. It continues to rise up to years 23-25 where it is set at $11,250.
The lease provides for the government to have full access to Sandy Cay's books.
Understandably, the royalty issue has taken precedent in the raging aragonite debate.
In a document it prepared for the Ingraham government titled "Oolitic Aragonite Royalty Fee Analysis", Sandy Cay says, "The royalty fee rate should be less than the proposed B$2 per ton or for that matter far less than the new reference to in the media".
Further to this, Myers said, "There is no way that a rate of B$350 per ton or any other rate referred to in the media can be supported in the feasibility of this operation now or ever in the future."
The report states: "In fact, the proposed royalty rate of $2 already makes Ocean Cay uncompetitive with both U.S. manufacturers of sand and Freeport manufacturers of sand.
"Florida Sand Manufacturers: The royalty rate in Florida, where our main competitors operate from, is called a "tax on severance" as defined in the 2011 Florida Statutes under Section 211.31 and is currently eight percent of the sales value or about U.S.$ 0.72 per ton.
"Freeport Sand Manufacturers: The other main competitor for Ocean Cay is Martin Marietta in Freeport, Grand Bahama, who enjoys a full tax free and royalty free business environment under the Hawksbill Creek Agreement. "This combined with the fact that Martin Marietta is one of the strongest aggregate producers in the U.S. makes Ocean Cay's position even more disadvantageous."
In that document to the former administration obtained by National Review, Sandy Cay proposed a royalty fee rate either in line with the original lease or no more than eight percent of the sales price (typical sales price is between $8 to $30 per ton; so, a royalty fee of between $0.64 and $2.40 per ton).
The report said, "The harvesting of aragonite through mining, followed by manufacturing, classifying, shipping and distribution, is a costly process which requires significant capital investment and a strong sales and marketing costs.
"Unlike any other mined mineral, aragonite is organic and classified by the USDA as a renewable resource, meaning that Ocean Cay is not depleting a natural resource of The Bahamas.
"According to scientific data combined with carbon analysis it is proven that aragonite is forming on a daily basis on the banks of The Bahamas. Ocean Cay is merely practicing underwater agriculture by harvesting the aragonite which is growing daily.
"We hope that you sincerely appreciate the costly investment we have made in this facility to produce one of the only green renewable minerals in the world. We sincerely need your support in making this project a success, consequently your understanding of our commitment and the costs associated with this is critical in making this a success for both Ocean Cay and The Bahamas."
Again, Myers said Sandy Cay has not and is not now making a profit.
So how has it been able to stay in business and why is it still in business?
Myers told us, "Through years of scientific and market research funded by us and the acceptance of independent public institutional research, we have now finally obtained global recognition and acceptance of ooilitic aragonite as a sustainable mineral.
"Major global companies like Procter and Gamble, McDonald's and Walmart are concerned over the environmental impact of the packaging of their products.
"The ecological concern has been a catalyst for their interest in oolitic aragonite.
"And all of these companies really recognize sustainability and the need for protecting our environment.
"The also recognize the fact that this mineral is unique in the fact that it is a major contributor to carbon sequestration from our environment.
"They love how the product fits into their global concerns, but it must be fairly priced and competitive within their respective markets."
Myers added, "They think oolitic aragonite is a great replacement to normal calcium carbonate because normal calcium carbonate also uses this market, but this is much better.
"It's not damaging the environment. It's being regenerated every year and they have to show to their consumers...that they're interested in cleaning up the environment. They're interested in using ecologically sound materials."
Myers believes Sandy Cay in the future will turn a profit.
"We hope that this will generate into a business whereby we're able to sell more into the plastics market and we are slowly making some very good inroads," he told National Review.
"We've made some small steps toward a successful business, and The Bahamas will be recognized for this contribution in a fair and equitable market driven manner.
"The Bahamian people and our company shall in due course reap the rewards of the hard efforts of our governments in developing this resource."

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Strong demand for smart phones

Bahamas Telecommunications Company (BTC) executives are seeing a demand for smart phones from their customers and expect the growth in this market to continue
"We have seen quite a lot of our customers purchasing smart phones. It has become quite a phenomenon since there is a such wide variety of smart phones that are available now," according to Alphanique Duncombe, BTC's product manager for wireless.
"We have seen the demand coming from the local market after BTC started to offer a lot more phones because of their design and functionality. Before launching the 4G technology in December, BTC carried of a lot of basic handsets. Now, coupled with advertising and a rise in the U.S. market, we have seen the demand locally.
"People are realizing the importance of mobility and the ability to do several things on your phone. You need to be able to check your emails on the go. Bahamians are really starting to see the need to have a smart phone. You can't live without it."
Duncombe pointed out to Guardian Business that BTC has seen a significant increase in its number of data subscribers as a result of its 4G launch back in December 2012.
"Every month, we see it going up so we expect to see continuous growth. We have LTE coming up, more demand is there because you don't just want to be mobile but you want everything fast," she said.
"You want to be able to have the same experiences you would have sitting in front of the computer. Once we are able to bring that to the customers, there is no need for the computer anymore. Everything is pretty much done on your device."
"Our data subscribers have risen incredibly and it's continuing to rise now."
In fact, Duncombe revealed to Guardian Business that just in the month of December, BTC sold between 15,000 to 20,000 phones, and most of them were smart phones. She believes those figures can give an idea of how great the smart phone "phenomenon" has been for the telecommunications company.
"We'll definitely see an increase in sales because most of our devices, especially the ones that are coming out next quarter, are in fact smart phones. There will be a new range of handsets that are coming out in the next quarter," she added.
"The smart phones are more affordable in comparison to the last year where you would have had to pay $500 plus for a smart phone. Now you're able to get an android device for $99 so customers nowadays are opting to buy smart phones as opposed to a basic phone that can't really do much."
In March, BTC forecasted a 40 percent "uplift" in data traffic this year after registering an 81 percent explosion in the smart phone usage for 2012.
BTC is targeting both the high-end smart phone market and an even more expansive entry-level market.
The result is far more data usage and ultimately higher revenue for BTC.

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West-end project to generate 400 jobs

As a host of retail shops and restaurants sign the dotted line, the 21.5-acre commercial development in western New Providence is expected to generate close to 400 jobs when completed.
The multimillion-dollar Old Fort Bay Town Centre project has now entered the second phase of construction. According to Jane-Michele Bethel, sales and marketing manager at New Providence Development Company Limited (NPDC), all tenants will start interior buildings by the end of September, if not before.
An interior design store, spa, nutritional beverage company and a veterinarian have made commitments, while a sports store, computer shop and two boutiques have reserved spaces.
This second phase already joins an already extensive list of shops now taking up tenancy in phase one.
Bethel provided Guardian Business with no less than 10 establishments either open or in the process of outfitting their stories. Included in the list is the first restaurant at Old Fort Bay Town Centre - Sushi ROKKAN.
"Sushi ROKKAN will have a modern Japanese interior design, approximately 60 seats, including a comfortable sushi bar and outside patio seating. They will serve traditional sushi, sashimi, appetizers, charbroiled grilled meats (Japanese style) and seasonal signature dishes. All to be enjoyed with a huge sake selection," she noted.
The second restaurant to be included in the project's first phase has committed to signing a lease soon, with a planned opening date of November or December. A third restaurant has yet to be selected. Royal Bank of Canada also broke ground on their pad to the west of the Old Fort Bay Town Centre roundabout last week. Its anticipated opening date is set for Spring 2013.
In phase two, Bethel said stores will have 60 days to complete their build-outs, and restaurants have 90 days. As for phase one, Bahamas Design Centre, featuring indoor/outdoor furniture and home accessories, and The Gallery at Old Fort, are both set to open next month. HIS Fashion, stocking brands such as Tommy Hilfiger, Calvin Klein, Nautica and Kenneth Cole of New York, has proposed a September opening date. The Keg Ranch liquor store and Going Places Travel are working on a similar timeline.
Sat Sound and Benetton are two retail spaces that are already open. Your Friendly Pharmacy is set open its doors at a later date.
The entire project, comprising seven one-acre pads, two anchor stores, and just under 60,000 square feet of retail and office commercial space, is expected to employ between 375 and 400 people.
"The degree of investment from the business community is of a very high caliber and we expect to see some spectacularly well designed stores, and a good variety and complementary mix of products and services," Bethel added.

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Atlantis president calls for VAT delay

As the government moves full speed ahead with its intention to implement value-added tax (VAT), a leading hotelier said he would have preferred a sales tax and is urging the government to delay the implementation date for VAT.
In an interview with Guardian Business, Atlantis President and Managing Director George Markantonis said for the Paradise Island property, implementing a sales tax would be "easier" than implementing VAT. He made this suggestion as uncertainty still looms about the latter form of taxation.
"We all understand it and the whole world has done it (sales tax). And more importantly for us, our computer systems would be able to take those changes," he said.
While the government has proposed a general VAT rate of 15 percent, the hotel sector will be subject to a lower rate of 10 percent. Markantonis has estimated that his company will have to spend at least $500,000 on technology to implement VAT.
Markantonis is not the only one suggesting that a sales tax be implemented instead of VAT.
Numerous members of the business community, such as President of the Bahamas Motor Dealers Association Fred Albury, and Super Value President Rupert Roberts, have also touted such an alternative as a simpler alternative to VAT.
Meanwhile, Pedro Delaney, a chartered accountant and chief financial officer at Societe Generale Private Banking (Bahamas) Ltd. and SG Hambros Bank and Trust (Bahamas) Ltd., recently said the government should consider other forms of taxation such as a corporate income tax, which he believes would be easier to implement.
"When you consider income taxes, there are personal income taxes as well as corporate income taxes. Corporate taxes may be an easier measure to implement if we are going to address income taxes. The government may in considering that want to consider a flat rate for corporations on their net income," he noted.
The government, however, has pointed to the more "regressive" nature of a sales tax, which does not allow for credits for tax paid on inputs, and therefore becomes "a tax on a tax". Officials have also suggested the credit mechanism under VAT would increase compliance with the tax regime.
Atlantis' top executive is urging the government to postpone the July 2014 implementation to allow for more preparation time. In the meantime, Markantonis confirmed that Atlantis plans to hire consultants to help it understand the ins and outs of VAT and the impact it could have. He maintains that his biggest concern is the possibility of The Bahamas outpricing itself as a destination.
"We're not sure how it's going to impact us spread across our campus because we have multiple business units and revenue streams. They're not all what it would be in a typical hotel. Is Marina Village, which has four of our restaurants, part of the hotel or not? How do the dolphins fall into this picture? There are a lot of factors you have to look at," he told Guardian Business.
"We're not going to eat the costs, that's for sure. So the issue is going to be if there is going to be an added cost, and if we're not going to be reimbursed for it in another manner, which is trackable, that's the key, then obviously we are going to have to pass that on to the consumer. Do we like it? Well, no. I hope it doesn't get to that because we certainly don't want to outprice our destination because we are already fairly pricey."
Officials at the Ministry of Finance estimate that VAT can generate approximately $200 million in revenue in the first year alone, which the government has suggested is key to reducing national debt levels.

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Community Leaders to Speak at the Lower The Cost of Power Mega Rally

The Coalition of Concerned Citizens continues it declare the message that the high cost of electricity must come down to an affordable level across Grand Bahama...

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Arts Calendar

The Sew 'N' Sew Quilters Exhibition opens Tuesday, October 8, 6-9 p.m. at Doongalik Studios. For more information, call 394-1886.

An exhibition, featuring new works by Zena Burland, at the "North Winds" property on Orange Hill opens Saturday, October 5, 1-9 p.m. Also featured will be the artwork of Leroy McLean. Refreshments will be served.

The Gallery at Old For Bay presents A Two Day Art Extravaganza on Friday, October 11, 4-6 p.m. and Saturday, October 12, 10 a.m.-6 p.m. Featured artists include Amos Ferguson, Anthony 'Big Mo' Morley, Antonius Roberts, James Bethel, Catherine Armstrong, Lisa Quinn, Kevin Cooper, Trevor Tucker, Natty Chenng, Nicola Angelica, Sharon Mould, Ann Morley, Imogene Walkine, Theo Tavoussis and Judith Papillon. For more information, call 242-377-7001 or email

"Feel The Rhythm", new works by Nadine Seymour-Munroe, continues at Hillside House on Cumberland Street.

"Shakespeare in Paradise Celebrates five years of Poster Art: 2009-2013" continues at Popopstudios International Center for the Visual Arts. For more information, visit or

"The Sew 'n' Sew Quilters", an exhibition of quilts, opens Tuesday, October 8, 6-9 p.m. at Doongalik Studios Art Gallery. For more information, call the studio Village Road at 394-1886.

"40 Years of Bahamian Art" continues at the National Art Gallery of The Bahamas (NAGB). For more information, visit, email or call 328-5800/1.

"The Bahamian Collection", photographs by Duke Wells, continues at the National Art Gallery of The Bahamas (NAGB). The opening is free and open to the public. For more information, visit, email or call 328-5800/1.

"Master Artists of The Bahamas" continues at The National Art Gallery of The Bahamas. Featured artists are John Beadle, Jackson Burnside, Stan Burnside, John Cox, Amos Ferguson, Kendal Hanna, Brent Malone, Eddie Minnis, Antonius Roberts, Dave Smith and Max Taylor. For more information visit, email or call 328-5800/1.

The 5th annual Shakespeare in Paradise Theatre Festival opened Friday, October 4. This year's signature Shakespearean production is "The Shrew", an adaptation of Shakespeare's "The Taming of The Shrew". The signature Bahamian production is E. Clement Bethel's folk opera, "The Legend of Sammie Swain". Also featured will be "Speak the Speech 2" and "d'bi.young anitafrika: The Sankofa Trilogy" as well as the annual Play Reading Series, a dub poetry and drama workshop and a 5th anniversary art exhibition. The festival runs until Saturday, October 12. Tickets can be purchased from the Dundas Box Office 10 a.m.-4 p.m. Monday to Saturday, tel: 393-3728. For additional information on Shakespeare in Paradise, visit or


Shakespeare in Paradise will host a dub poetry/drama workshop on the sorplusi method, in conjunction with the "d'bi.young anitafrika: The Sankofa Trilogy" production on Saturday, October 12, 10 a.m.-4 p.m. Registration is $50 and $25 for students. For additional information, visit or

The School of English Studies at The College of The Bahamas will host the 32nd annual West Indian Literature Conference, under the theme "Multiple Textualities: Imagining the Caribbean Nation". The West Indian Literature Conference Writing Workshops include "Publishing in Caribbean Studies" with Cathie Brettschneider, "Short Fiction Workshop" with Robert Antoni and "Writing for Film Workshop" with Kareem Mortimer. To reserve a space, email or visit

Gaulin Project Online Writing Workshops will be offered by Helen Klonaris for Fall 2013. "Writing Down a Life: Beginning a Memoir" runs October 11 - November 29. Additionally, "Remembering Ourselves: Healing Our Colonial Legacy", a day-long retreat will run October 12, 10 a.m. - 5 p.m. To register, email

The Nassau Music Society presents award-winning pianist Ah Ruem Ahn in concert on Saturday, October 5, 7:30 p.m. at St. Andrew's Kirk, and Sunday, October 6, 5:30 p.m. at St. Paul's Church Hall, Lyford Cay. Box offices are now open at Custom Computers, Cable Beach; Logos Bookstore, Harbour Bay, and Chapter One Bookstore, Oakes Field. For more information, visit

Islandz, having acquired Downtown Art Tours, offers its Islandz Gallery Hop tours, examining art spaces downtown on Saturdays. Tickets are $20 per person for the two-hour tour. For more information or to book tickets, call 601-7592 or visit Islandz online at

Tru Bahamian food tours offers a "Bites of Nassau" food tasting and cultural walking tour to connect people with authentic local food items, stories and traditions behind the food and the Bahamians that prepare and preserve them, through a hands-on, interactive, educational tour and culinary adventure. Tickets are $69 per person, $49 for children under 12. Tours are everyday from 11:30 a.m. to 2:30 p.m., starting at the British Colonial Hilton and ending at Tortuga Rum Cake Company. For more information visit

Call for works
Princess Azamat 'Bo' Guirey invites Bahamian artists and resident artists to submit work to be showcased in Art International 2014, opening March 14 at Guaranty Trust Bank in Lyford Manor, Western Road. For more information and to submit your work, please contact Princess Bo Guirey at

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