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News Article

March 16, 2011
Assessment of government ministers' position on proposed sale to C W

Recently a popular Bahamian television station hosted a roundtable discussion on the proposed privatization of BTC featuring Ministers Turnquest, Laing and Maynard and Carl Bethel. They are referred to hereafter as the ministers.
The ministers’ statements and positions were such that I thought it would be helpful for people to read and consider what they said and to make up in their own minds whether the ministers should be allowed to make a decision with respect to the sale of BTC and the future of telecommunications in The Bahamas.
Listed below are selected statements by the ministers and my commentary on each. Read and decide.

1. Ministers – “ ...

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News Article

March 15, 2011
'Political operatives' and the 'criminally-minded'

POLICE Staff Association president Dwight Smith during an interview with the press after the February 23 demonstration on Bay Street urged politicians to stop politicising issues.

He was defending his Force from a politician's criticism of the worth of police reports, which were used in another case to decide the suitability of a person for a high office. Mr Smith was also smarting under the criticism of how "over prepared" police were when they arrived on Bay Street for the BTC demonstration. It would have been irresponsible - after a union leader had declared that a "small Egypt" was needed on Bay Street to protest the sale of BTC - if police had not come fully prepared -- wi ...

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Movie
Dinner for Schmucks
  • Genre : Comedy
  • Rating : T - 15yrs and Older

Tim (Rudd) is a rising executive who "succeeds" in finding the perfect guest, IRS employee Barry (Carell), for his boss's monthly event, a so-called "dinner for idiots," which offers certain advantages to the exec who shows up with the biggest buffoo...


News Article

February 06, 2011
Major Freeport job losses if 40 sales drop persists

By NEIL HARTNELL

Tribune Business Editor

The Grand Bahama Chamber of Commerce president has confirmed to Tribune Business that many Freeport-based retailers and businesses have suffered a 40 per cent sales decline due to the ongoing 'Bonded letter' controversy, with February the 'make or break' month for "significant" reductions in staffing levels.

K P Turnquest told this newspaper that many Freeport companies, especially the larger wholesalers and retailers, would use this month as a "year-over-year benchmark" to determine whether employee lay-offs would be necessary to enable them to "survive", given the drastic top-line decline. All companies concer ...

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News Article

February 09, 2011
BTC's MOU details revealed

The closely guarded memorandum of understanding (MOU) that the government signed more than two months ago with Cable and Wireless Communications for a 51 percent share of the Bahamas Telecommunication Company reveals that the government will have to pay a fee in order to make use of CWC’s brands and intellectual property.
“BTC will receive services from Cable and Wireless’ group of companies, and likely make use of a number of brands, trademarks and intellectual property,” said Prime Minister Hubert Ingraham, who tabled the MOU?and other documents related to the sale in the House of Assembly yesterday afternoon.
“The government has negotiated with Cab ...

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News Article

March 16, 2011
Unions granted leave to appeal judge's BTC decision

THE unions attempting to block the sale of 51 per cent of BTC to Cable and Wireless were granted leave yesterday to appeal a judge's decision which stated that they lacked the legal standing to bring a suit.

In January, the Bahamas Communications and Public Officers Union (BCPOU) and the Bahamas Public Managers Union (BCPMU), filed a joint action in the Supreme Court raising a number of issues. An appeal hearing in the Court of Appeal is set for Monday, March 21 - the same day as the House of Assembly debate on the BTC sale.

The unions contend that the government does not have the legal right to sell BTC.

Justice Neville Adderley in a ruling on the matter last month stated, "This case appea ...

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Movie
Everything Must Go Poster Top 5000 Everything Must Go
  • Genre : Comedy, Drama
  • Rating : C - 18yrs and Older

When an alcoholic relapses, causing him to lose his wife and his job, he holds a yard sale on his front lawn in an attempt to start over. A new neighbor might be the key to his return to form. ...


News Article

January 19, 2011
For Sale: 2003 Mitsubishi Grandis (Freeport)

Freeport, Grand Bahamas, The Bahamas - 2003 Mitsubishi Grandis in excellent condition is for sale in Freeport.

Yellow, VGC, 71,500
kilometers (44,400 miles), RHD, Automatic w/shiftronic, CD player, 6 seater,
climate control, made in Japan. $9,999 ono...

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News Article

January 17, 2011
NDP'S position on the Sale of BTC

For almost
a century, the blood, sweat and tears of Bahamians have gone into turning
BTC into what it is today. Now Bahamians want to cash the cheque of
their labour.

 

We have come
for the bonus cheque on behalf of the shareholders of BTC - the Bahamian
people and BTC employees.

 

The people
of The Bahamas and the employees of BTC deserve a legitimate opportunity
to continue to own and manage BTC...

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News Article

December 21, 2010
Bahamas Waste Ltd.'s net income plunges 53

A new business segment and increased fuel costs are behind a 53% plunge in net income year-on-year at Bahamas Waste Limited (BWL), according to the solid and medical waste collection and disposal company’s third quarter unaudited financial statements.
The company’s core revenue supported a cardboard recycling center it acquired this year, which did not break even during the nine-month period ending 30 September 2009, according to BWL Chief Financial Officer Desa Campbell.

She also said that the company’s fuel costs were up about 30 percent for the year, or around $100,000.
For the nine-month period ended 30 September 2010, sales and services were $5,708,783, down $66,73 ...

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Movie
Underworld Awakening
  • Genre : Action, Fantasy, Horror
  • Rating : C - 18yrs and Older

When human forces discover the existence of the Vampire and Lycan clans, a war to eradicate both species commences. The vampire warrioress Selene leads the battle against humankind....


News Article

December 17, 2010
Why you vex

"I vex because I am tired of hearing about the sale of BTC. Government should let the new company form their own phone company for those who want change and those who don't want change let them be stuck with Stone Age BTC. I bet you all them rowing would be the first ones to switch over to the new phone company.

"I vex also because of the stupid times road works decides to do their work and how long they take. Should have done all that work when Shirley Street was being paved. Use your head!"

- Fed Up With
Stupidness.

"I vex because I went to go and pay my cell phone bill last week but couldn't pay it because they went on strike. But come Monday they were quick t ...

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News Article

December 17, 2010
WHY YOU VEX

"I vex because I am tired of hearing about the sale of BTC. Government should let the new company form their own phone company for those who want change and those who don't want change let them be stuck with Stone Age BTC. I bet you all them rowing would be the first ones to switch over to the new phone company.

"I vex also because of the stupid times road works decides to do their work and how long they take. Should have done all that work when Shirley Street was being paved. Use your head!"

- Fed Up With
Stupidness.

"I vex because I went to go and pay my cell phone bill last week but couldn't pay it because they went on strike. But come Monday they were quick to ...

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News Article

November 25, 2010
(TV AD) Dolly Madison Midnight Madness - This Friday

This Friday, Nov. 26th from 8AM to Midnight at Dolly Madison Home Center, the boss is giving huge storewide

discounts

at their

annual

Midnight Madness sale!  Come on Down and get huge storewide
savings in Ace Hardware, Rooms To Go, Radio Shack, Whirlpool, Ace Paint, Lawn
& Garden, GE appliances, Christmas decorations and gifts galore. The warehouses are overflowing with new
inventory and the prices will make you feel like you're in Miami! Mark

November 26th on

your calendar to head to Dolly Madison for their annual Midnight Madness Sale from 8 in the morning till midnight!

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Movie
Total Recall
  • Genre : Action, Adventure, Sci-Fi, Thriller
  • Rating : T - 15yrs and Older

A factory worker, Douglas Quaid, begins to suspect that he is a spy after visiting Rekall - a company that provides its clients with implanted fake memories of a life they would like to have led - goes wrong and he finds himself on the run....


News Article

December 16, 2010
BTC sale 'violates convention rules'

By NOELLE NICOLLS

Tribune Staff Reporter

nnicolls@tribunemedia.net

BAHAMIAN trade unions went international with their fight against the sale of BTC to Cable and Wireless, making good on threats to intensify their opposition.

In a formal complaint made to the International Labour Organisation (ILO), union leaders claim the government is in violation of Section 144 of the ILO Convention.

"Employers and workers shall be represented on an equal footing on any bodies through which consultations are undertaken," states a section of the convention on tripartite consultation between representatives of the government, employers and workers.

Bernard Evans, president of the Bahamas Com ...

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News Article

December 16, 2010
BISX chief awaiting five possible new listings

By NEIL HARTNELL

Tribune Business Editor

The Bahamas International Securities Exchange's (BISX) chief executive yesterday said the stock exchange was looking forward to a "better" 2011, with the $60 million Heineken/Burns House initial public offering (IPO) and potential sale of Bahamas Telecommunications Company (BTC) shares by the Government on the horizon, along with "three other potential listings".

Keith Davies told Tribune Business: "By the looks of things, we have a better year than this year operationally in terms of market activity, new listings. The big one is the Heineken deal, but the Government is talking about BTC also. Those have been publicised. Then t ...

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News Article

December 16, 2010
Two weeks to check BTC sale documents 'a slap in face'

By NOELLE NICOLLS

Tribune Staff Reporter

nnicolls@tribunemedia.net

TWO weeks to scrutinise "all the facts and documentation" relating to the sale of BTC to Cable and Wireless is a "slap in the face", opponents claimed last night

"Two weeks notice is after the fact. For a document you have already signed, several weeks ago, you are going to set the date for its release two weeks prior to its debate in the House of Assembly," said Terry Miller, president of Civil Society Bahamas, an umbrella body for civic organisations.

"In the absence of all the facts, what we can clearly say is that memorandums of understanding made on behalf of the people of The Bahamas should not ...

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Movie
Arbitrage
  • Genre : Drama, Thriller
  • Rating :

A troubled hedge fund magnate desperate to complete the sale of his trading empire makes an error that forces him to turn to an unlikely person for help....


News Article

November 25, 2010
Seniors give 'thanks for life' at Urban Renewal Luncheon

Nassau, The Bahamas - Two hundred
and forty-three senior citizens gathered Wednesday, November 24 to break
bread  and give thanks for life.  The grateful elders took a walk
down memory lane with Jack Thompson, director of immigration.  

 

He led them to remember the progress
they have witnessed in The Bahamas over the last 70 years.  From transistor
radios to rabbit ears TV antennas, from the Savoy Theatre to The Silver
Slipper, from the House of Sales to flannel shirts and polyester, Mr.
Thompson traveled with the seniors on a timeline of memorable landmarks...
  

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