SECTION | PAGE ## TITLE FOR THE SPORT/ BUSINESS SKYBOX YCLA Awards Gala Gala Movies Beauty Hedge Funds Care This year’s theme is ‘Vintage Circus’ B3 ‘Johnny English Strikes Again’ Rowan Atkinson’s spy spoof returns B4 FRIDAY NOVEMBER 9, 2018 • CAYMAN COMPASS Pirates Week Street Dance The King of Dancehall takes the stage B2 ■ SPECIAL EVENT Pirates Week Street Dance cehall takes What’s trending in hair and beauty B5 Meet the 2018 finalists. B6 CAYMAN WEEKENDER YCLA Awards Gala High of 88 Low of 77 Smooth to slight with wave heights less than 2 feet. LOCAL | PAGE 16 CAYMAN’S SCHOOL SYSTEM, AT A GLANCE ESTABLISHED 1965 www.caymancompass.com – 75 CENTS – FRIDAY NOVEMBER 9, 2018 Perfect for Parties, Corporate events, Reunions and more! Call 769 8000. ‘Bee’ Barnes to compete in world boxing challenge KEN SILVA ksilva@pinnaclemedialtd.com Cayman’s finest, Brandy “Bee” Barnes, is set to take on some of the world’s best female amateur boxers from Nov. 15-24 at the AIBA Women’s World Champion- ships in New Delhi, India. Ms. Barnes, 22, has repre- sented the territory well recently, winning a gold medal in St. Lucia last December at the Ca- ribbean Championships. But with boxers from coun- tries around the globe coming to New Delhi, the compe- tition Ms. Barnes will face starting Thursday will be a cut above what she’s faced in the past, according to her coach, Stuart O’Connor. “I think it’s a great opportu- nity for Brandy,” Mr. O’Connor said. “It’s a chance to com- pete against the top athletes in the world.” Before leaving on their long trek to India, Mr. O’Connor put his athlete through daily, high- intensity interval workouts last month to prepare her for the en- ergy needed in the ring. Mr. O’Connor, who is from England, said one of the chal- lenges of training in Cayman is a lack of partners for Ms. Barnes to spar with. Therefore, the two left for a training camp in the U.K. about three weeks ago. Even if she does not win, India will give Ms. Barnes a chance for high-quality training, Mr. O’Connor said. “If we do win and we con- tinue to compete, brilliant,” he said. “But if it’s a case where PLEASE TURN TO PAGE 8 » Artists gear up for KAABOO MARK MUCKENFUSS mmuckenfuss@pinnaclemedialtd.com A group of local artists, along with a few imports, will give KAABOO attendees some- thing to look at besides rock ‘n’ roll stars when the festival rolls around in February. Organizers announced the lineup this week for the artwork element of the two- day concert event. Tansy Maki is among the muralists and installation artists who will be creating art on the spot. Ms. Maki, who has been painting murals in Cayman for the past 18 years, said she will be collaborating with another artist on a mural. The subject, she said, will not be revealed until the festival. Ms. Maki said she thinks the festival could be an important moment for the par- ticipating artists. “I think it’s a great opportunity for art- ists to meet [one another] and for the com- munity to meet some local artists,” Ms. Maki said. “Hopefully, it will bring the Cayman art community together.” Ms. Maki will be joined by Amandalynn, a San Francisco-based artist who has done several island murals for KAABOO this year, and other off-island muralists and in- stallation artists, including Elle Streetart, Lauren YS, Paola Delfin, Jason Botkin, Push and Lady Mags. Along with them will be local artists Al Ebanks, Avril Ward, Carlos V. Garcia, Cera-Tan, David K. Ebanks, Dready, Dubadah Boldeau, Gordon J. Solomon, Ian Ross, Isy Obi, Jessica Mittelman, John Broad, John Ha, Kaitlyn Elphinstone, Kelly Reineking, Lisa Lounders, Marcia Codner, Nasaria Suckoo-Chollette, Outlandish Cayman, Randy Chollette, Rasitha Sanjeewa, Ren Seffer, STACY MCAFEE NAMED AS NEW UCCI PRESIDENT MARK MUCKENFUSS mmuckenfuss@pinnaclemedialtd.com After a yearlong search, officials at the University College of the Cayman Islands an- nounced on Wednesday that a new president and chief executive officer has been chosen to lead the school beginning Jan. 1. Stacy McAfee, 54, will take over when cur- rent President J.A. Roy Bodden steps down at the end of December after nine years at the helm. UCCI Board of Governors Chairman An- thony Ritch broke the news to faculty and staff shortly before making the official an- nouncement at Wednesday’s board meeting. Ms. McAfee is currently an associate vice president at the University of the Pacific in Stockton, California. Her role there focuses on external relations and strategic partnerships. Mr. Ritch said he and his fellow board members believe Ms. McAfee will be able to increase fundraising and bring a new stra- tegic plan for the school to fruition – two key components he said officials were looking for in a new president. “She’ll bring a lot of new energy to that,” Mr. Ritch said, referring to the strategic plan. He said she also has experience in the area of accreditation, something that the school has been pursuing in the last year. Ms. McAfee said she feels that Cayman and UCCI will be a good fit for her. While she had not visited Cayman before a round of interviews in May, she said, “I’ve been to that region a couple of different times and it’s an area that my husband and I loved.” As far as the campus, she said, “I was im- pressed with the caliber of the faculty and Boxer Brandy ‘Bee’ Barnes will represent the Cayman Islands in India next week. - PHOTO: TANEOS RAMSAY Randy Chollette will be among the local artists featured at KAABOO in February. PLEASE TURN TO PAGE 8 » PLEASE TURN TO PAGE 8 »2 LOCAL NEWS FRIDAY NOVEMBER 9, 2018 • CAYMAN COMPASS Cimboco - A Caribbean Café 94-PASTA (947-2782) Located in the Marquee Plaza Brunch & Breakfast till 3pm Saturday, Sunday & Holiday Monday! PROTECT WHAT’S VALUABLE TO YOU. FOR INSURANCE SOLUTIONS TO SUIT YOUR NEEDS AND WANTS, CHOOSE CAYMAN FIRST. Call 345-949-7028 | Visit caymanfirst.com PROTECT WHAT’S VALUABLE TO YOU. Cayman Orthopaedic Group DR. FRANK TRAN, MD, FRCSC Arthroscopic Knee & Shoulder Reconstructive Surgery, Sports Medicine will be at #1 Smith Road Plaza Tuesday, 13th November, 2018 to Friday, 16th November, 2018 Please call 945-8380 for appointments YOUNGSTER SHINES IN TOURISM SPEAK-OFF Leanna Allen has dis- tinguished herself with her thoughts and her words. Leanna, 12, a student at Clifton Hunter High School, was recently named Tourism Ambassador at the annual Tourism Speak-Off, held on Nov. 2. Now, in her new role, Leanna will represent the Cayman Islands at a variety of tourism events both lo- cally and at select interna- tional forums. The Tourism Speak-Off has been held since 2003, and is hosted by the Min- istry and Department of Tourism in conjunction with the Cayman Islands Tourism Association. The program is designed to encourage tourism awareness from a local and global perspective for Cayman’s students. Leanna was awarded a $1,000 check as part of her victory at the Tourism Speak-Off. The event serves to as- sist young students in de- veloping their communi- cation skills along with their reasoning and public speaking, talents that can aid them both academically and professionally. Meals on Wheels Turkey Trot set for late November This holiday comes along with its own exercise. The third annual Meals on Wheels Turkey Trot will take place on Saturday, Nov. 24, at the Holiday Inn Resort Grand Cayman, and the course will circle SafeHaven. Partici- pants will have the choice of walking or running 5K or 10K just days after gorging them- selves on turkey and other holiday items. “This event successfully brings awareness, promotes healthy living and family fun during the holiday season, whilst raising some much- needed funds for Meals on Wheels and our efforts to end senior hunger in the Cayman Islands,” said Rob Imparato, chairman of Meals on Wheels. “We could not meet the growing needs without events such as these and the collec- tive support of individuals and organizations who participate, give money, time or both.” The race kicks off at 6 a.m. and the first 200 participants will receive a free T-shirt. Spot prizes will be avail- able such as restaurant gift certificates and other valu- able gifts and services. Also, the Guardians Alive running group will provide an omelet station for the event. Registration for the race will cost $25 and $10 for chil- dren aged 8-12. Trophies will be awarded to the first, second and third- place finishers for males and females in both the run and walk for Juniors (Under 16), Adults and Seniors (55+). Every month, Meals on Wheels provides more than 200 seniors, disabled and homebound individuals throughout Grand Cayman with complimentary meals, delivered to their front door by volunteers. More than 100 volunteers make those deliveries pos- sible, and Meals on Wheels hopes to have people register to work the Turkey Trot or to sponsor the event or manage a water stop along the route. Heritage day at Bodden Town Primary Filled with anticipation to get started on lessons in Cayman cultural heritage, students of Bodden Town Primary School gather round an old- time caboose. Conch blowing, old-time games, caboose cooking, traditional attire and storytelling were big parts of the school’s heritage day on Thursday. – PHOTO: JEWEL LEVY Meals on Wheels General Manager Erin Bodden, center, with board members, from left, Michael McWatt, Gloria McField-Nixon, Chairman Rob Imparato and Rachael Reynolds at last year’s Turkey Trot. From left: David Wight, the then Acting Minister for Tourism, Leanna Allen, 2019 Tourism Ambassador, and Tiffany Dixon–Ebanks, executive director of the Cayman Islands Tourism Association. Movers for Life 10K to be held Monday Movers for Life, a group that advocates fitness and healthy living, will hold a 10K run/walk on Monday morning. The event will begin at 4:30 a.m. on Nov. 12, a public holiday. Participants will leave from the Countryside Shop- ping Centre, and travel west along Shamrock Road and South Sound Road, then north on South Church Street, Harbour Drive and West Bay Road, and finish at the Seven Mile Public Beach. Police advised that no roads will be closed, but are urging motorists traveling in these areas to exercise caution.The islands’ most-trusted news source 3 CAYMAN COMPASS • FRIDAY NOVEMBER 9, 2018 Disclaimer : FIN Grand Cayman features and amenities are based on current development plans and concepts and are subject to change without notice. Some services and amenities are subject to service-based fees or homeowner fees. A PRIVATE WELLNESS RETREAT AWAITS FIN living is not just oceanfront views and picturesque sunsets, but private wellness and health concierge services, providing the greatest amenity of all, peace of mind. Two to four bedroom residences priced from USD $1.8M Reserve your private tour and discover the last word in luxury + 1 345 326 1400 fin@fingrandcayman.com Work out in your state-of-the-art fitness centre and savasana in your private yoga studio Swim laps in your elevated glass-bottom pool FIN.cayman fingrandcayman Retreat to your private Spa treatment room for a hot stone massage Medical Hospitality Program FIN owners as well as their immediate family, will receive an exclusive invitation to become members of the Cayman Islands' first medical concierge program, the Health City Cayman Islands Medical Hospitality Program. A tailored, patient-centred service focused on preventative care. FIN Wellness amenities to help keep you fit and healthy:The islands’ most-trusted news source 4 – EDITORIAL – Opinion&Letters The Cayman Compass welcomes comments, opinions and viewpoints from readers. Letters to the editor can be emailed to editor@pinnaclemedialtd.com, submitted via www.caymancompass.com, sent by post or hand-delivered to the Compass office. Much of the time, when journalists dig into an assignment over the course of several weeks or months, the resulting news story is a “spotlight” that narrowly focuses on a specific subject, or even from a particular angle. In today’s Compass, however, we instead have taken a “floodlights” approach to the subject of education in the Cayman Islands, publishing a two-page graph- ical presentation across the center spread in what we hope is an illuminating overview of our country’s school system. The story, tables and charts include fundamental facts, such as enrollment, administration, student- teacher ratios, budgets, tuition, test scores, etc. In first world countries, this sort of information falls into the category of “old news” (or “not news”) because the figures typically are well-known and readily available to the public. In Cayman – well …. Suffice to say that our reporter Mark Muckenfuss put his phone book, Rolodex and records searching ability to good use. On one level, Cayman’s education system com- prises one of the largest and costliest functions of our government. This year, public officials expected to spend about $110 million on public education. The country’s total spending on education is, of course, far greater. About 60 percent of Cayman’s 8,000 students attend government schools. The remaining 40 percent attend private schools, where – depending on the institution and the age of the student – tuition can range from $4,000 per year to more than $20,000 per year. The relatively large “market share” of Cayman’s private schools (spaces in which are in great demand) is largely due to the government’s effective segrega- tion of public schools (which are nearly 100 percent Caymanian), as well as popular conceptions that the quality of education in private schools is superior to that in government schools. There is no disputing that over the past several decades Cayman’s government schools have had, and continue to experience, challenges. Local public schools lag behind their U.K. peers in scores on official standardized examinations, though the performance gap has closed somewhat compared to years past. But we address the above on a fairly regular basis through our daily reporting on education. What is outstanding in today’s feature – or rather, what stands out to us – is the layers of administra- tion and bureaucracy that have accumulated in the government schools system. At the apex is Education Minister Juliana O’Connor-Connolly. Next there’s Chief Officer Cetonya Cacho who oversees the ministry staffers. Further down the flowchart is the Department of Education Services, led by director Lyneth Monteith. Then we arrive at individual schools, each captained by a principal – a position which ideally should carry a CEO-like level of authority, including the ability to hire, fire, discipline and reward faculty. Underneath this mountain of officers, deputies, administrators, analysts and the like, is – finally – the realm occupied by individual teachers and students … in other words, where actual learning takes place. Today’s overview of Cayman’s education system is by no means our first foray into the layout of local schools. But it might be helpful to think of it as “re- introduction.” We certainly will be pulling out and saving the two-page spread for reference whenever we are considering this all-important topic. After all, the education stories of today will in the future become the country’s stories of success … or failure. Education 102: A ‘re-introduction’ to Cayman’s schools FRIDAY NOVEMBER 9, 2018 • CAYMAN COMPASS Understanding Trump’s trade policy U.S. President Donald Trump’s trade policy is ter- ribly misunderstood and the subject of much dema- goguery from critics and sup- porters alike. Critics say his focus on the trade deficit is mis- guided. Americans do not save enough to finance domestic investments – new machines and software to expand busi- nesses, and new homes – and government deficits. Conse- quently, we borrow from for- eigners by selling treasuries, other securities and real es- tate to make up the difference. Put differently, private in- dividuals, businesses and the government spend more on goods and services than the nation produces. The trade deficit makes up the differ- ence and is paid for by bor- rowing from foreigners and selling assets. If we saved more or if the federal govern- ment spent less, we would not need that foreign capital. Hence, if the trade deficit is a problem, Americans created it by spending too much. The recent tax cut surely drove up the budget deficit and will require more for- eign borrowing and bigger trade deficits. Treasury Secretary Steven Mnuchin did Americans a disservice asserting that the recent tax cuts would in- crease growth and tax rev- enues enough to pay for lower tax rates. No fiscal stimulus – nei- ther President Obama’s massive spending nor Mr. Trump’s even bigger tax cuts – ever created that kind of jolt to growth. I seriously doubt any economist can show me an example, beyond perhaps one focused on de- veloping a significantly un- deremployed resource like oil or an authoritarian govern- ment forcing the unemployed into public works. That is why the federal deficit was about $780 bil- lion in fiscal 2018 and will likely exceed $1 trillion in 2019. The deficit has never been as large a share of GDP other than when the economy was in a recession or the country at war. If we used most of the nearly $600 billion we borrow annually from foreigners to create new businesses, it might be useful. Instead, we are using it to live beyond our means, and what we owe for- eigners will soon reach levels that caused economies like Spain to collapse. Sooner or later, as the trade deficits get bigger and bigger, doubt sinks in about the ability to pay and creditors pull the plug. If the federal government freed up constraints on do- mestic energy development, oil production would rise, net imports of energy and the trade deficit would fall, GDP and tax revenues would in- crease and the government budget deficit would fall. Similarly, were Mr. Trump’s tariffs successful at opening up the Chinese market to more U.S. prod- ucts, the trade deficit would go down. The jolt to domestic demand would boost U.S. GDP and tax revenues, and the budget deficit would fall. However, proponents of a muscular trade policy, like Peter Navarro, do the na- tion a disservice by claiming trade wars are easy to win – especially when they advo- cate slapping tariffs on our allies instead of just China and a few others. When the U.S. economy was nearly half the global pie, we might have been able to dictate terms, but these days it is about one-sixth, and other players can simply retaliate and go around us. Witness the Trans-Pacific Partnership (TPP) moving ahead without us, and the EU and Japan negotiating a rather comprehensive free trade pact that includes con- cessions on product stan- dards President Obama could not obtain in his failed trans- Atlantic negotiations. Mercantilism is so much a part of the fabric of the other three big economies it is going to take more than some tariffs to move them to reform. If Mr. Trump’s objective is to ultimately force our trading partners into genuine free trade, Mr. Navarro may be more genius than he real- izes. He is inspiring free trade among the other players that sadly locks us out. In the meantime, watch the prices of soybeans and corn and the profits at GM – GDP growth will slow next year if Mr. Trump fails to reach some kind of accommo- dation with the TPP and EU. Trade wars are easy to win – for the other guy. Peter Morici is an economist and business professor at the University of Maryland, and a national columnist. © 2018, The Washington Times, LLC. PETER MORICI When the U.S. economy was nearly half the global pie, we might have been able to dictate terms, but these days it is about one-sixth, and other players can simply retaliate and go around us. PRINTED AND PUBLISHED BY: Caymanian Compass Limited (a subsidiary of Pinnacle Media Ltd) Compass Centre Shedden Road, George Town SEND US YOUR VIEWS OR NEWS: P.O. Box 1365 Grand Cayman KY1-1108, Cayman Islands Telephone: (345) 815-0095 Email: newsdesk@pinnaclemedialtd.com ADVERTISE WITH US: Telephone: (345) 949-5111 Email: sales@pinnaclemedialtd.com Website: www.caymancompass.com PUBLISHERS DAVID R. LEGGE AND VICKI L. LEGGE EDITOR-IN-CHIEF DAVID R. LEGGE EXECUTIVE EDITOR PATRICK BRENDEL A MEMBER OF THE INTER-AMERICAN PRESS ASSOCIATION “Give light and the people will find their own way”The islands’ most-trusted news source 5 CAYMAN COMPASS • FRIDAY NOVEMBER 9, 2018 Visit camanabay.com to find out more. Developed by Discover +1 345 640 OLEA6 LOCAL NEWS FRIDAY NOVEMBER 9, 2018 • CAYMAN COMPASS UCCI board pushes for salary increases for college staff College staff have not had a cost-of-living increase in a decade, board says MARK MUCKENFUSS mmuckenfuss@pinnaclemedialtd.com Public school teachers cheered in August this year when Education Minister Ju- liana O’Connor-Connolly an- nounced a plan to increase their salaries over the next two years to a minimum of $5,000 per month. Then, on Sept. 6, Pre- mier Alden McLaughlin an- nounced a 5 percent cost-of- living adjustment for civil servants, which would be ret- roactive to July 1 this year. However, neither of those pay increases ap- plied to faculty and staff at the University College of the Cayman Islands. In fact, because they do not fall under either the civil service or the public school teacher categories, employees at UCCI have often been left out in the cold when other government employees re- ceive salary increases. Seeking additional funding According to a report pre- sented to the UCCI board of governors at its Wednesday meeting, “UCCI employees have not had a cost-of-living increase since 2008 and had only a one-time payout in 2015 of a performance bonus equal to 4 percent of the an- nual salary.” Board Chairman Tony Ritch said officials at the col- lege are trying to change that. “We’ve taken this matter very seriously,” Mr. Ritch said. “We decided to appeal to the ministry to seek addi- tional funding come June 1 next year at a minimum.” Mr. Ritch said he sent a formal request to the Min- istry of Education two weeks ago, but has not yet received a response. “The level of timing is re- ally critical on this,” Mr. Ritch said. “It ought not to be a discussion that should be taking place in three months or six months.” Instead, he said, he is hoping ministry officials can provide some clear direction, if not final details, before the end of the year. Public Authorities Law With the passage of last year’s Public Authorities Law, the UCCI board no longer has the authority to increase salaries or provide a cost of living increase, said Thomas Simpson, who chairs the board’s audit and finance committee. Mr. Simpson told his fellow board members that although a UCCI remuner- ation policy has been ap- proved, the college does not have a direct mechanism to fund that policy. Even so, the Public Authorities Law re- quires those salaries be paid at the civil service rate by June 1, 2019. There is, however, no civil service definition for the staff and faculty of UCCI. Ef- forts are under way to equate jobs at the college to various civil service categories. Even with that, because UCCI op- erates on a contract with the Ministry of Education, it is up to the ministry to pro- vide the funding for any salary increases. Increased salaries to cost $1.1 million a year The board’s chief financial officer has estimated the cost of the increases at $1.1 mil- lion per year. Mr. Ritch said it is im- portant for the college to be competitive when it comes to paying its personnel. “In terms of the success of the university,” he said, “to continue to build on what we believe is a world- class institution, we believe that has to come with a fac- ulty that can earn an appro- priate salary.” Recent raises for other government workers along with the resolution of more pressing matters for the board, such as hiring a new president, have pushed the long-standing salary issue to the fore. “I see it as one of the top three priorities as a board as we move into 2019,” Mr. Ritch said. “I’m hoping by the end of the year we’ll have something that is clear and tangible, and that we can tell staff and faculty that change is coming.” With the passage of last year’s Public Authorities Law, the UCCI board no longer has the authority to increase salaries or provide a cost of living increase, said Thomas Simpson, who chairs the board’s audit and finance committee. The UCCI board is appealing to the Ministry of Education to seek additional funding by June 1 next year.The islands’ most-trusted news source 7 CAYMAN COMPASS • FRIDAY NOVEMBER 9, 2018 189802-Ad-Compass-FP-LongService1 111/6/18 3:46:18 PMThe islands’ most-trusted news source 8 FRIDAY NOVEMBER 9, 2018 • CAYMAN COMPASS Churchill’s Funeral Home We have been asked to announce the passing of Mr. Joseph Agustus Powell, who passed away on Thursday, November 01, 2018. A Thanksgiving Service will be held at Agape Family Worship Center, 50 Fairbanks Road, George Town on Saturday, November 10, 2018 at 10:00 a.m. Viewing: Closed Casket Interment follows at Garden of Reflections Cemetery. Condolences can be registered at churchillsfuneralhome.com . ryryr . William Er�est Dawson 16th June 1929 – 12th Nov 2017 It’s been one year since we lost you Your golden hear� stopped beating Hard working hands at rest And though we are fi lled with sadness Your infl uence still g�ides us And we feel you here What we shared will never die We hold you tightly within our hear�s And there you will remain Until the joyous day ar�ives That we will meet again Love always & forever From your children, g�andchildren & g�eat Grand children The family of the Late Dilson Silva regrets to announce his passing on Saturday, 27 October, 2018. Condolences can be registered at www.boddenfuneralservices.com A memorial service will be held 3:00 p.m. At Cayman Islands Baptist Church on Saturday, 10 November, 2018. The family of the Late Richard “Dick” Christiansen regrets to announce his passing on Friday, 2 November, 2018. Condolences can be registered at www.boddenfuneralservices.com A funeral service will be held 10:00 a.m. at Cayman Islands Baptist Church on Saturday, 17 November, 2018. Viewing will take place from 9:00 a.m. one hour prior to the service. Interment will follow in East End Cemetery. we are unsuccessful, then it will be a great opportunity to gain further training camps whilst we’re in India against other girls that have been beaten as well, to try to get more competitive sparring.” After India, Mr. O’Connor said he plans on taking his athlete to Trinidad for an- other training camp. There, Ms. Barnes will prepare to defend her gold medal at the Caribbean Championships next month. “From there, we can see how we stand against the other Caribbean countries,” Mr. O’Connor said. “But this will be Brandy’s opportunity to again be crowned the Ca- ribbean champion, and that’s something we’ll have a great opportunity of doing.” All this training and com- petition is being done with an eye on larger goals, he said. “It’s all part of her pro- gression to hopefully move forward to major competi- tions like the Pan American Games and the Olympics in 2020,” the coach said. “The main thing we’re looking to try and achieve is 2020 qualification.” Ms. Barnes, for her part, said she hopes her success inspires other Caymanian fe- male athletes to lace up the gloves and enter the ring. “I feel like I have a re- sponsibility to pave the way for other female boxers,” she said. “There were female boxers before me, and I did look up to them. But for my- self, I’d like to progress and open wider doors and show them this can be done. You can be a female and be suc- cessful in this sport.” Journalist Alvaro Serey contributed to reporting on this story. CONTINUED FROM PAGE 1 Shilpa Tagalpallewar, Simon J. Tatum, Sniptease, STOAKD and 3 Girls and a Kiln. KAABOO officials said the idea is to bring a combina- tion of fine art and street art to the festival. The artists will set up in “custom-designed shipping containers,” ac- cording to a news release. “With over 85 percent of the KAABOO Cayman exhibi- tion comprised of local art- ists, we are extremely excited to unveil what we believe will quickly become the largest showcase of contemporary art in the Caribbean,” said Jason Felts, chief brand of- ficer, in the release. Ms. Elphinstone is the only artist among the group who has participated in a KAABOO event. She was among those exhibiting work at the Del Mar festival near San Diego, California, in Sep- tember. When she inquired about the Cayman festival, shortly after its announce- ment in February, she said, she was invited to the Cali- fornia event. “It was an inspiring at- mosphere,” she said. “What I was really focused on was getting my name out there.” Ms. Elphinstone said she would advise the other art- ists participating in KAABOO to take advantage of the opportunity. “Really network,” she said, “not with just the mem- bers of the public, but with other artists. Everyone is real supportive.” While there are plenty of veteran artists involved in the festival, some are new to the game. Ms. Lounders said this is her first time exhibiting at such an event. “I’m kind of a newbie,” said the mixed-media painter who works as a framer at Kennedy Gallery. “I’m very excited.” A native of Miami, Ms. Lounders said she is looking forward to hearing music by “all my favorite bands,” which will be among such acts as Duran Duran, the Chainsmokers, Blondie and Counting Crows. But instead of pushing her way to the front of the stage, she’ll likely be working on a painting in her booth. She expects most of the other artists will be doing the same. “It’s neat, because people can see how the piece is cre- ated,” she said. It also adds another layer to the performance aspect of KAABOO. Ms. Maki said she would like to see more such events take place. “Cayman needs more art festivals and more art-re- lated events that are focused on highlighting local art- ists,” she said. “There is such an array of amazing artistic talent on this island, and maybe this is going to be like a door opening for more resi- dent artists.” Works by the artists will be on sale at the event and afterward. For more information on the individual artists, visit www.kaaboocayman.com. Following the festival, all of the large-scale murals seen and created on-site will be available for purchase, along with works from previous KAABOO mural artists at https://kaabooartwork.com. staff and their commit- ment to the university’s mission. I was quite im- pressed to see the re- search taking place at the university.” A native of Illinois, Ms. McAfee earned her bach- elor’s degree in business administration from Iowa State University, followed by an MBA from DePaul University in Illinois. She completed a doctorate in educational leadership and management from Drexel University three and a half years ago. She has served at com- munity colleges and uni- versities in Illinois and California, including De- Paul University, Elmhurst College, University of Phoenix, St. Charles Com- munity College, and Col- lege of DuPage. She and her husband, Terry, have two adult sons. During her career, she said, she’s dealt with stu- dents with a wide va- riety of goals and expec- tations, whether it was in academic pursuits or in going after more voca- tional and business-ori- ented endeavors. “I like the idea that UCCI understands and re- spects the value of all types of education,” Ms. McAfee said. “I have a strong sense of what [it means] to develop a tradi- tional student and shape them to prepare them for a career.” Mr. Ritch said the new president has “big shoes to fill.” “He’s leaving a very strong legacy in terms of his presence and his leadership,” he said of Mr. Bodden. Ms. McAfee said she hopes to build on Mr. Bod- den’s legacy. “Under Presi- dent Bodden’s leadership, there have been a number of great initiatives and a lot of great things have been done,” she said. Beyond the university, she said she hopes to be- come involved in cultural and nonprofit organizations in the Cayman community. “I’m pretty impressed with what I’m seeing in terms of the cultural and other organizations that exist,” she said, adding that she has been doing research on the island. “The real learning will occur when I’m able to be present.” While she is contracted to start in the new year, she said she expects to be on the island shortly before that, and will usher in the new year island style. “My husband and I are looking forward to our first fire- works in Cayman,” she said. Brandy Barnes trains with her coach Stuart O’Connor. - PHOTO: TANEOS RAMSAY CONTINUED FROM PAGE 1 ‘Bee’ Barnes to compete in world boxing challenge Stacy McAfee named as new UCCI president Stacy McAfee will be UCCI’s new president. Artists gear up for KAABOO CONTINUED FROM PAGE 1 Tansy Maki in front of a mural she painted in downtown George Town. - PHOTO: MATT LAMERS9 LOCAL NEWS CAYMAN COMPASS • FRIDAY NOVEMBER 9, 2018 Lest We Forget Remembrance Tour Cayman’s Newest Attraction and Discover Cayman Down Under! Seeing is Believing! day NOV TH 2018 12 Explore our World-Famous Caves on Old Man Bay, North Side • 925-3001 www.caymancrystalcaves.com facebook/caymancrystalcaves Call 925-3001 to book your tour Open daily: 9am – 4pm gift certificates available Cayman National shareholders take final step to effect sale KEN SILVA ksilva@pinnaclemedialtd.com Shareholders voted on Wednesday to remove a re- striction on any single entity owning more than 10 percent of Cayman National Corpo- ration Ltd., a move that will allow Republic Bank Trinidad and Tobago (Barbados) Ltd. to finalize its acquisition of the local bank. Republic Bank is buying 74.99 percent of Cayman Na- tional at US$6.25 per share. Cayman National stock was US$3 before the Trinidad bank announced its offer in early August. The acquisition still re- quires regulatory approvals in the jurisdictions where Cayman National conducts business: Cayman, the Isle of Man and Dubai. Cayman Na- tional CEO Stuart Dack said he does not know an exact timeline for those approvals, but that he expects decisions before the end of this year. Wednesday’s vote to re- move the 10-percent owner- ship restriction passed with 90.5 percent of shares in favor of the motion. Mr. Dack told the Compass that the landslide decision is a signal that Caymanians support the terms of the sale to the Re- public Bank. Mr. Dack added that Re- public Bank has received ac- ceptances from “well above” 75 percent of the local bank’s shares. Since the Trinidad- based bank was only of- fering to purchase between 51 percent and 74.99 percent of Cayman National, the Re- public Bank’s purchases of shares will be determined in accordance with a formula laid out in its offer circular. Before Wednesday, a sim- ilar meeting was held on Oct. 9 to remove a provision in Cayman National’s articles of association that prevented more than 10 percent of its shares from being issued to any entity. That amendment passed with roughly 80 per- cent of the voting shares in favor of removing the restriction. However, there was an- other restriction in the arti- cles stating that the bank’s directors shall decline to reg- ister any transfer of shares that result in an entity owning more than 10 percent of Cayman National. That re- striction also needed to be re- moved, but was not voted on at the Oct. 9 meeting due to what Cayman National called “an administrative oversight.” At the October meeting, a number of shareholders raised objections to having a Trinidadian organization take over Cayman’s only locally owned bank. “They want this company for a reason. It’s probably be- cause of their image,” busi- nessman A.L. Thompson said of Republic Bank. “But I don’t trust them, I don’t know who they are, and I don’t trust the whole country.” Mr. Thompson also asked Cayman National’s board of directors whether they nego- tiated the US$6.25 per share, and what happens if share- holders want to sell at a higher price. Cayman National chairman Truman Bodden said that the bank received an unsolicited offer from Re- public Bank. Cayman Na- tional then hired Deloitte to value the business, and it was determined that Republic Bank’s offer of US$6.25 per share was a good price. With that established, the Cayman National directors were legally bound to bring the offer to the shareholders, Mr. Bodden explained at the October meeting. Fewer people attended Wednesday’s meeting, but similar objections were raised and similar questions were asked. Mr. Thompson said he ob- jected to having Cayman Na- tional acquired by a foreign entity, but decided to sell his shares after the October meeting because “I don’t want to be in business with those people,” referring to Re- public Bank. He asked again whether shareholders can sell to Re- public Bank at a higher price than US$6.25, and Mr. Dack explained again that they cannot. Another shareholder asked whether Republic Bank intends to acquire the rest of Cayman National shares by compulsion. A circular about the offer states that “if the [Republic Bank] acquires more than two-thirds of Cayman National Shares as a result of the Partial Offer, the [Republic Bank] will have the ability to pass a special reso- lution approving a statutory merger which may result in the compulsory acquisition of Shares held by minority shareholders, subject to cer- tain conditions.” Mr. Dack responded that it is Cayman National’s under- standing that the Republic Bank does not intend to ac- quire the minority shares. “They want to maintain a local holding,” he said. A juvenile hawksbill turtle died after becoming entan- gled in a rope attached to an abandoned fish pot in Grand Cayman’s North Sound. The turtle’s body was discovered on Wednesday. The Department of Envi- ronment, which regulates the use of fish pots, stated that the pots are prohibited from being used in marine pro- tected areas and must be li- censed and tagged if they are used elsewhere. “In this case, the fish pot appeared to be both unli- censed and abandoned. It was also found in a marine pro- tected area, which is unlawful,” the DoE said in a statement. The DoE is urging anyone who sees an unlicensed or aban- doned fish pot, or an injured or deceased turtle, to contact the department. Earlier this month, the DoE also issued an appeal regarding the dangers posed to sea turtles from discarded fishing lines, after another ju- venile hawksbill got tangled in a line in the North Sound. In that case, Department of Environment conservation officers were able to respond in time to free the turtle and release it back into the sea in the Rum Point channel. At the time, DoE Research Officer Janice Blumenthal said entanglement in dis- carded fishing line is one of the most serious threats to juvenile turtles in Cayman. Anyone who sees an unlicensed or abandoned fish pot, or an injured or deceased turtle, are urged to contact the DoE on its 24-hour hotline 938-6378. Turtle killed by abandoned fish pot Department of Environment officers recovered this abandoned fish pot. A turtle died after becoming entangled in a rope attached to the device. - PHOTO: DOE Cayman National headquarters on Elgin Avenue in George Town. - PHOTO: TANEOS RAMSAY Wednesday’s vote to remove the 10-percent ownership restriction passed with 90.5 percent of shares in favor of the motion.Next >