IT was an energetic January, a launching pad for what I believe could be a meteoric year for Jamaica. Various private sector groups have been drilling down into the issues they must tackle if we are to turn this very deep corner in our economy. The fact that so many stalwarts in industry and commerce are taking our economy so seriously is one that should encourage new entrepreneurs to persevere.
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| MAHFOOD... There are opportunities around us, we just need to be more optimistic (then) CHIN... There has to be a better way, and I want to be a part of that change |
I had two important interviews over the past week with two extraordinary Jamaicans: the understated chairman of Food For the Poor and financial director of Wisynco, Andrew Mahfood; and Jamaican winner of NBC's The Voice, our sparkling Tessanne Chin.
As I spoke with Andrew, I felt the same patriotic fire of his dad, the late Sam Mahfood, who was a dynamic president of the Private Sector Organisation of Jamaica. Andrew gave a tight analysis of our economy at a Jamaica Manufacturers' Association forum last month. "Our nation faces a must-win between getting multilateral support and further economic crisis," he said, noting the following: "The exchange rate is declining. The Jamaican dollar has been devalued 14.5 per cent in 12 months. It looks to be slowing, but availability is tight; more
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