Peter Christopher
Businesses in Arima are hoping to outlast what has been described as a recession-type period in Trinidad’s most eastern borough.
On Monday, the Business Guardian visited Arima, where several business owners, ranging from food vendors to gas station operators, described a largely stagnant economic climate punctuated by a decline in sales and recurring challenges caused by a shortage of foreign exchange availability.
However, among problems, which came to the fore, were concerns about employment, both in terms of its impact on consumer spending and the availability of quality staff for work.
Gregory Walker, the owner of the Dr Chow the Fruit Alchemist, at the corner of Green and Queen Street Arima, noted the lack of skilled employees means he has had to man the stall.
“What I’ve realised: the major problem seems to be with the employees that I would like to hire, right? The education system needs to also improve in the country in order for us to get good workers, in order for business to grow,” said Walker, who explained most people who apply for the job hardly have three passes, and most struggle to operate a simple scale which is crucial to his work in the fruit business.
The limited availability of quality employees was also raised by former Arima Business Association President, Raj Jadoo, of Jadoo’s Trading, when the Business Guardian visited his store on Broadway Street, Arima.
‘The young generation do not want to work. They want fast money,” said Jadoo, who also called for a review of the education process as he saw literacy issues in both applicants and customers. He urged for this to be addressed as, more than ever, he felt young workers were not inclined to make sacrifices to learn skills to improve their standing.
“What we want to see is an upliftment. Our problem is that we have created too many lazy people in this country because it’s just a give-me give-me syndrome. They don’t want to work, but they want money.”
On the other side of that equation, several businesses noted that job losses and economic uncertainty as a result across the country had a distinct impact on business.
“Business in Arima tends to relatively remain on a constant basis, except during particular seasons when business will decrease, and I’m getting that right now. The economy is playing a part in it because of probably the job instability in the country,” said Walker, “I’m not seeing too many new entrants (customers) coming into Arima, and buying. Actually, more and more the population actually seems to be cautious about how they’re spending and what they’re spending on right now. “
Owner Dealers Association (ODA) President Reval Chattergoon, who has his Broadway Express Unipet station in the heart of Arima, also said there were signs that reduced employment has impacted consumer spending, not just in the Borough, but around the country.
“There’s a big part of the story that people are not being told, or they’re not being heard, and that is contract workers are not getting renewals,” said Chattergoon at the gas station.
“I was confused in terms of applications that I’m getting on my desk with so many people from the public service. So that tells me one story. Now, coupled with that, our industry is gas stations. Gas stations are the first telltale sign once you start to see fuel sales starting to decrease. Fuel sales, and of course, around summer it generally takes a dip, but you’re still seeing a 10 or 15 per cent decrease in normal summer sales. That tells me that retail is going to see a very hard time to come.”
He explained that following the shutdown of Cepep programmes, in addition to the large number of contract workers losing their jobs, there were fewer people earning an income. As a result, more of the public was far more selective with spending, and it is evident across industries.
‘”If they don’t have money to perhaps go to restaurants, cinema, and then they don’t need fuel. So, this is not a standalone situation. We need the masses, the unskilled labour, to get some meaningful employment in our industry,” said Chattergoon.
He stressed, “For business throughout Trinidad and Tobago, not only Arima. It’s simply that the man on the street has to get some sort of income. You have to be able to work for a fair day’s wage to get a fair day’s salary. Once you see that you’re crippling that market, the month-to-month pay cheque, the day-to-day pay cheque, the week-to-week pay cheque, you’re stifling the whole ecosystem,”
The inescapable forex challenge
Chattergoon also admitted the foreign exchange situation continues to have a detrimental effect on his business. However, he and other Arima businesses felt the system was clearly favouring some over others.
“The forex situation seems to be affecting only a particular sector, because we have seen some people have been able to raise it on a black market, but where are they getting it from? I personally have to beg for a little bit of US on my card to buy my hanging hardware. And rather than buy once for the year, I have to buy a little every month at a huge additional cost,” said Chattergoon.
Jadoo also admitted that his business had been crippled for years by limited foreign exchange availability.
“The biggest challenge is foreign exchange, and that is a problem at this point in time, all because of what transpired before. But it is over four years now I haven’t gotten any foreign currency to bring goods into the country, which is bad. And without that, how could we survive? And as you know, as I know, other people had it at their leisure. Which was unfair and unjust,” said Jadoo, who explained he had no choice but to find an alternative method of sourcing products for his store, which has been in operation for over four decades.
Recent news about the Government’s borrowing also raised concerns for Chattergoon, who said, “If we borrow US$800 million and we have so many forex problems, where will we get in this US to pay it back? I mean, they say I have officially begged the US for my gas stations just to pay for the pump, the software every month, $300 or $400 I have to beg for US to get hose and nozzle.”
Smaller businesses in Arima have seen the pinch as goods imported by wholesalers have seen sharp increases, which in turn has led to lower profit margins.
But the price increases were not limited to imported goods.
Market fluctuation frustrations
Several food and fruit vendors all admitted that the rising price of goods was a challenge they had to navigate week by week.
Walker told the Business Guardian,”Yes, I’m seeing plenty of price fluctuations right now. What the suppliers are saying, mostly the farmers. They are seeing that the cost of fertilisers and other components, the chemicals that they need to use for the crops, has been increasing. I don’t know if it’s because of the war (in the Middle East) or because of the economy or whatever it may be, but the increases there and the prices are continuously going up. “
At A&A Fruits and Smoothies, a vendor who did not wish to be named said, ‘We buy from the wholesalers, but I don’t know if (foreign exchange) is what’s affecting them. That’s why the price is going really high, and you’re not really getting the amount of stuff that you will get normally; you’re not getting that.”
This, coupled with a slowdown in sales, was a troubling equation the vendor explained.
“Business has fallen by 50 per cent right now because of what is going on in the country. It’s like a recession right now. It’s like a recession because the prices are the fruits that we sell. The prices are exorbitant right now, really high,” said the A&A vendor.
Another produce vendor, Stephen Gibbon, similarly explained this was a major challenge he faced.
“It’s expensive right now in the market. When you’re going in the market, spending a pound and a crown, and you’re really not making much, but we still try. I also work otherwise as a security in the night, and this is what I’m doing in the day. So I’m doing double work right now, just to try to keep up. You know, since COVID, it’s been hard,” said the vendor, who sells cucumbers, tomatoes, avocados and other vegetables outside of Subway on Broadway.
He continued, “It does increase and decrease. So it does go up, and it does go down. It is fluctuating. So sometimes you go, you might get something a little cheap, and then the same thing you go back for, you might get it more expensive.”
At the L8 Mini Mart on Queen Street, a store attendant noted several items were going up.
“I will say, prices are rising in everything, literally everything. SM Jaleel prices raised. Caribbean Cool now is $8, it used to be $6.”
The attendant, however, explained the mini mart did see high demand for vapes and cigarettes, with the former often selling out before the supply is restocked at the end of a work week.
To combat the fluctuation, Gibbon said he has looked at varying cost-saving measures,
“Well, we budget. If I could buy a bag last week, I’ll buy a half bag this week and try to make it,” said Gibbon, “But it’s all right. It’s selling good. These cucumbers come from a partner. I have a partner; he is from Brazil (Village), right? He’s planting these cucumbers, so at least we saving on the cucumbers. We are making a little extra on the cucumbers and stuff.”
But ultimately his wish was for regulation of market prices.
“I would like to see the market price at a standard price. I would like to see we are getting quality goods for our money instead of we having to go and have to buy second-hand goods for a cheaper price and then have to sell it for sell it back for a lesser price,” said Gibbon, who is a vendor by day and security guard by night to make ends meet.
New business hope
During the visit to Arima, the Business Guardian encountered two women who had recently established a spot in Arima’s commercial district.
Lisann Smith, the founder and owner of Love in Every Bite, recently relocated to Arima from Mayaro to support her daughters while they studied. While she too admitted the change in prices was also a challenge, Smith said she was encouraged with the response in her first couple of weeks in operation there.
‘”Definitely some of the prices. It is totally different. I grew up in country life, so we know about going by the neighbour and getting coconut, going by the neighbour and getting green fig. So to purchase those things now is different for me. Definitely an adjustment,” said Smith, who had previously sold food under contract to energy companies Shell and BP in Guayguayare.
“It has been awesome. Actually, I’m not an outside person, but this street don’t sleep. They are out 24 hours, so I love the location for the fact that it is really good for business because they don’t sleep, so they buy food practically for the entire day. “
Another woman, who started selling her Tasty Treats at the “Snack Box” stall near the Arima market, said she was pleased with business since moving operations from her Malabar home just over a month ago.
She had transitioned into this business after a long career as a preschool teacher.
Crime concerns
While there were others who raised concerns about crime, both women said they preferred to be upbeat.
“I don’t live in fear. I don’t train myself to live in fear. I think anywhere you go, there’s a measure of crime, and there’s a measure whatever. I live in my present and I live positive, so I try not to focus on that. Still putting measures in place for safety, but I don’t dwell on it,” said Smith.
However, Chattergoon felt more could be done, particularly with a State of Emergency in effect.
“We are not feeling safe. Yesterday or the day before, there was a murder in a business similar to mine, a dear friend of mine. Is that the new norm? We have been lobbying for better security. Whichever hat that I wear, I’ve been asking for greater resources for Arima. We’ve been asking for patrols, but where are the checks and balances? “ said Chattergoon.
The Vendor at A&A echoed a concern which had been shared by Sangre Grande businessmen late last week about the socially displaced not being properly managed.
There was an acknowledgement from those interviewed that there were several new housing and business developments in and around Arima , but the Business Guardian was told it had done little to change the dynamics in the borough from a business standpoint.
