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Reply to "Guyana Ronald Ramjattan knighted by Queen Elizabeth II"

While his heart remains in Guyana, Ramjattan is currently not too keen on returning to these shores. According to him, “the situation has to change; the crime rate has to reduce…Guyana itself has to scale up fiscal incentives for manufacturers who just don’t have to go and sit down and make request to the Government.” “I feel just like Trinidad (for instance), you apply, you get through…in Saint Lucia you apply and you go to the Trade Export Board or something like that…but Guyana you have to come and appeal and be singled out…there is not a fiscal incentive for manufacturers alone or for every sector; you have to come and make your case to get (that),” said Ramjattan. According to him, he has in the past made a few applications, but none were successful to the point of getting off the ground. He nevertheless was keen on emphasizing that young local entrepreneurs must seek to remain focused although he is somewhat pessimistic about the business climate. “So many of us are so successful outside of Guyana, but when you come here it is a few companies that are so successful, but the young entrepreneurs in the manufacturing sector remain at a low level,” said Ramjattan. This state of affairs he has linked to the low disposable income in Guyana and a lack of an enabling environment. “I am reading with concern what is happening with Kaieteur News and its owner; I am reading with concern about several other business owners who are trying to do good and yet they are not being successful, because the enabling environment is not there,” said Ramjattan, whose products have however found much favour on the local market.

Mitwah
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