With the Kiss Baking Company already increasing the price of its products in September 2021 and signalling its intention to do so again come January 10, the Movement for Social Justice (MSJ) is calling for a boycott of the company.
In the MSJ’s first media conference of 2022, political leader David Abdulah calls on people to support community bakeries instead of Kiss. He also encourages people to make their bake and roti at home, using recipes from online. He said this was cheaper.
“Let us boycott Kiss. Let us show them that they ought not to have increased the price of bread by nine per cent because the price of flour went up by nine or 10 per cent. Let us boycott them and show them that we the people have power,” Abdulah said.
It is not the first time Abdulah called for a boycott of the company. Back in 2007 when he was the president of the Federation of Independent Trade Unions and Non-Governmental Organisations (FITUN), he did the same when there was a price increase. He said that boycott was successful.
Abdulah said the boycott is one of several actions that would give hope for a better life for all in Trinidad and Tobago by pushing back against what he called neo-liberal policies as those who hold political and economic power only seek to serve each other.
“We have to take action to bring about change, so this is one simple action that we are proposing today. It is not going to change the whole system, but it can demonstrate in a concrete way that people have real power.”
He said the purpose of the boycott was to force Kiss to change its price position, not to put the company out of business.
Last September, Kiss increased the prices of its loaves of bread, cakes and pastries, saying that raw material prices escalated by as much as 30 per cent. It also said it experienced hikes in shipping costs as COVID-19 affected global supply chains.
The company’s recent increases followed news from the National Flour Mills (NFM), which stated it would increase the wholesale price of flour by 15-22 per cent and suggested a 19 per cent increase in the retail price of flour.
CEO Ian Mitchell said that with the cost of raw material and shipping increasing, the NFM had no choice. In August, the company’s unaudited financial statements showed that between December 31, 2020, to June 30, 2021, there was an $11 million decline in profits compared to the same period the previous year. An intervention by the Ministry of Trade Industry and Commerce saw the company adjusting its price increases down to 10 per cent for Hibiscus Flour and Ibis Flour to 17 per cent.
However, Abdulah said the government could find ways to ensure the NFM does not implement its price increases.
He suggested that the government could pump $14 million into NFM to keep the price down.
He also reiterated that T&T must release its dependence on imported products, recommending that people use flour made from dasheen, yam, cassava and breadfruit that farmers grow locally.
