The Business Corner
Franka Costelloe-Mckenzie assumed the role of president of the Trinidad and Tobago Manufacturers Association in April 2019, upbeat about the sector, and pushing for a doubling of exports within 5 years. Her wishlist for the 2019/20 budget includes a reduction of taxes based on incremental growth, an announcement on the payment of Value Added Tax refunds, and improved opportunities for leases, so manufacturers can be ‘fully invested’.
We meet ‘the next best “agri-preneur”, as chosen by the ‘Amp It Up’ mastermind programme put on by We Help Youths (WHY) Farm, in August, Renee Andrews, who has launched the country’s
1st ice-cream delivery service, Sorvete.
The agriculture theme continues with Keron Bascombe (editor of Tech4Agri) and Brent Eversley (Green Fram Nation), members of the Trinidad and Tobago Agriculture Business Association, which has developed “ARKs” (Agriculture Recovery Kits) to assist those impacted by adverse weather events such as tropical storms. They’re joined from Rome, Italy, by Dr. Mark Holderness, executive secretary of the Global Forum on Agricultural Research, a consultant for the initiative.
And, in the 3rd excerpt from his presentation at July’s ‘Market and Mission’ conference, economist, Dr. Ralph Henry, of Kairi Consultants, examines the subject of access to credit by small businesses.
In the lead up to the 2019/20 budget presentation, we get more of the thoughts of an economist, Dr. Ralph Henry, of Kairi Consultants, on what’s needed to get Trinidad and Tobago’s economy moving again.
The co-ordinator of the Confederation of Regional Business Chambers (and Manager of the Couva-Pt. Lisas Chamber), Jai Leladarsingh, weighs in, saying “companies cannot take more taxes”, and that the Finance Minister needs to focus on innovation and entrepreneurial support in the manufacturing, tourism and agriculture sectors.
In our entrepreneurs’ segment, Tamara de Peiza retraces the journey from 8 to 4 office worker to strategic marketing studies, and coming up with a twist on the traditional Christmas beverage,
‘ponche-de-creme’, that led to her forming her own, successful company, Dee-Lightful Productions