On Thursday, Kiran Maharaj was appointed as the new President of the Trinidad and Tobago Chamber of Industry and Commerce.
Her immediate concern was the crime situation.
Speaking to Sunday Business after her election, Maharaj said in the past week she knew of no fewer than seven people who had been affected by crime, and the situation was so pervasive that the business community had to get involved in finding a solution.
“Each of us here has been affected by crime, if I asked any of you. In this past week alone, I know at least about seven people who have been affected by crime in one form or another. So multiply that now by everybody else, and you have a lot of cases unreported as well. So what is causing (the detection rate) to be low? We need to find that out and the only way to do that, I think, is first to ask the authorities what is causing detection rates to be low. How can we fix it? How can we support some strategies that will fix it?” Maharaj said in her first media interview with reporters as Chamber president at the Hyatt Regency on Thursday.
“I think our priority is going to be two key areas: how we deal with crime and the T&T Chamber with the joint chambers have been meeting and discussing and we got a lot of feedback from our members. The joint chambers will very soon be issuing our findings and some of the recommendations. So I think that where we are at now is to really ensure that there’s deeper collaboration on the issue of crime to be able to deal with it,” she said.
The second key area, she explained was small and medium enterprises (SMEs), which had also been suffering post-pandemic and had been further put to the sword by the crime situation.
“The other key action item is how we support SMEs, which are suffering. Many of them feel very dismayed and they feel as though they don’t fit into the framework that has been designed. And coming out of the pandemic, it has been a little bit worse. So it is how do we engage them, embrace them, empower them, and get them to where they want to be, especially with regards to entrepreneurs and the youth. I think that a lot of young people have very great ideas and are very innovative. They understand the necessity of changes we need to make towards a better climate in a better environment. And we need to embrace all of that and look at the business models around that,” said Maharaj.
These concerns are not uncommon to the head of the Chamber. Two days before Maharaj voiced these concerns as her priorities, her immediate predecessor Charles Pashley spoke on the problems faced by SMEs, as a result of crime, during his address at the Regional Symposium on Violence as a Public Health Issue—The Crime Issue.
Pashley said that given the pivot role SMEs served in stimulating and growing the economy, protecting them from the scourge of crime was also very necessary.
He said, “Fifty per cent of our businesses in your region are SMEs. And your reality is the smaller businesses are the ones that are most impacted by crime. And it goes beyond monetary impacts. It’s also a matter of sustainability as well, whether they can remain in business. Whether the crime reduces their business model such that many customers no longer support that business. It challenges perception, the high levels of violent crime together with businesses that have actually experienced serious crimes such as robberies and burglaries create considerable negative opportunities for the business. And therefore it negatively impacts the businesses opportunity and therefore, the economic opportunities for the country which further impacts the social issues that are causing crime. So, in essence, unless we arrest crime, then the issues that the underlying cause of crime in some is used, which is social inequities continue to get worse.”
Maharaj agreed that SMEs were in a difficult position because of the situation and explained that many of their concerns were left unheard.
“I think that there’s a disconnect. I feel the authorities and the powers that be don’t understand some of the issues that businesses are facing on the ground. They don’t understand that listen, I own a small business, I close up my shop, I leave I go home, but now I don’t know if I’m being followed. I don’t know if I could get to the bank, you know, to deposit this money. There are simple everyday things that are really very stressful on small businesses, and they don’t even know if they call the police station if something happens, is there a car (at the station to respond)?” she said.
The Chamber President said this situation could not be left solely up to the government to solve and indeed praised the government and Caricom for including the private sector in their discussions.
“On the other side, you have people I think, who are willing to help and I think that’s where the private sector comes in. I think that’s where talking to the Government comes in. So getting all of this information and feedback to then form a list and say, This is the action list of the biggest problems. Let’s, let’s work these out. Who could do what here? I mean, this is about sitting around the table. I think time has passed where we are writing to each other back and forth. And that’s why I said I was happy at the time the symposium took place, because I think it has opened up the dialogue,”
During the symposium, former TTCIC President Pashley stated the Chamber would wait until after the event to put forward recommendations. Maharaj confirmed that the Chamber was still putting together data after the event.
“The joint chambers came together, and we did a survey of all members and we’ve received a lot of valuable feedback. We also ask for recommendations based on the members knowing what they have to go through on a day-to-day basis business.
“Now we’re looking at collating all of that and then having a further meeting where we can start the collaboration process. But we will be releasing the results as the joint chambers have taken a decision we will be making those results public,’ the new Chamber president said.
