Last update: 09-Dec-2013 5:56 pm
Monday, December 09, 2013
Trinidad & Tobago Guardian Online
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Redress business imbalance, says Munro
Businessman William Munro is convinced that the odds are firmly stacked against people of African origin wanting to enter the world of business in T&T. He said until this culture changes, the world of commerce locally will continue to experience a paucity of entrepreneurship from persons of African descent. “They should be motivated. A lot of incentives should be given to them because we get much more pressure starting from the bank, right down! “Look at MovieTowne where it is today. That was my lease legally and they took it away from me, brutally, and look what is happening there,” he said in a T&T Guardian interview.
The interview was conducted at the opening of his latest commercial venture in St James on Friday. During the interview, Munro expressed the view that the issue of race still played a central part in everything in T&T. “But I don’t allow that to stop me with my drive. There is a documentary that will be released soon and I think it is on your station (CNC3) and it will show you from the inception of the Soca Monarch, where it started, and the struggles going through. After the documentary, they are going to do a movie. It will be an incentive to others, not only my people, that are willing to go forward in a positive way and to contribute something positively to the development where so ever you dwell,” he said.
Asked about his rationale for setting up a business in St James, he said, the district needed to be infused aesthetically. Munro declared that businessmen in the area were enjoying a high level of commercial activity, but laments that they do not reinvest in the beautification of their establishments. “They should clean up their act. It ain’t cost anything to do that and God loves cleanliness. Here (Red Edge) took a lot of money. It took millions. We started next door at 38 Western Main Road for the kids. I started there a year ago, and because of the incentive that I have seen, I bought 40 Western Main Road and invested,” he said.
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