By Raffique Shah
December 14, 2015
Central Bank governor Jwala Rambarran was the unlikeliest man to kick the hornets’ nest, but that he did when he named the firms that used the most foreign exchange (forex) over the past three years.
Amidst a cacophony of complaints from businesses and individuals about being denied adequate sums of forex for legitimate uses, Rambarran went on the offensive by identifying the 18 biggest users.
Continue reading Whey the money really gone
By Raffique Shah
December 14, 2015
Last Wednesday, amidst much ceremony but little pomp, Major-General Kenrick Maharaj took his last parade as Chief of Defence Staff (CDS) and proceeded into retirement, one month short of his 56th birthday.
Brigadier Rodney Smart was named as the new CDS.
Continue reading Injustice to a soldier
By Raffique Shah
December 07, 2015
This recession did not creep up on us like the proverbial thief in the night.
It was long in the making. In fact, from as far back as the global financial crisis of 2008-2009, when Clico collapsed and the price of oil plunged from a brief high of US $140 a barrel to $30, informed, patriotic citizens were warning governments to go easy on the wild spending, to set aside more savings in the Heritage and Stabilisation Fund, to wean the population off dependency on subsidies, and most of all to diversify the economy from its over-reliance on oil, gas and petrochemicals.
Continue reading Recession was predictable
By Raffique Shah
November 30, 2015
If “Santa Colm” assures the populace that their Christmas will be bright, not blue, then we have no reason to doubt the man.
After all, Acting Prime Minister Colm Imbert is the substantive Minister of Finance, in which capacity he has access to data and information pertaining to the state of the economy, especially Government’s revenues and expenditures, that you and I will not see.
Continue reading Sending the wrong signals
By Raffique Shah
November 23, 2015
The battle for leadership of the UNC has ignited a discussion on leadership in a broader context, with the party’s founder, Basdeo Panday, weighing in on the issue.
According to my columnist colleague Sheila Rampersad, Panday told her that Indians tend to seek a “pahalwan”-Hindi for warrior, strongman-to lead them. Sheila cited Panday himself as an example of the phenomenon. In 1973, he succeeded Bhadase Maharaj as leader of the sugar workers’ union, and in 1977 he succeeded in transforming the only organic inter-racial party ever (my view…I was a co-founder), the ULF, into an Indian party.
Continue reading The last ‘pahalwan’
By Raffique Shah
November 16, 2015
I address two issues of public importance today. First is the emerging controversy over this country’s attendance at the Commonwealth Heads of Government (CHOGM) meeting to be held in Malta next week. And second, I join the chorus of frustrated voices crying out for something to be done to curb the dangerous, deafening din of explosives and fireworks that have become intrinsic to festivals like Divali.
Continue reading Boors will be boors
By Raffique Shah
November 09, 2015
I cannot understand the national outrage over the video posted on the Internet that shows several Trinidadian Islamic “jihadists” somewhere in Syria, dressed in combat gear, firing rifles on what appears to be a range, and inviting their Muslim brethren to join them in holy battle in “Hijra”, wherever that paradise or hellhole may be.
I’m serious when I say we should not only be happy that those men (and their many wives and children) are thousands of miles away from our country, but we should encourage others who believe in the nonsense they do to answer their call to arms.
Continue reading Land of freedoms and freeness
By Raffique Shah
November 02, 2015
Choosing a leader to take the United National Congress forward, backward, sideways, or keep it stagnated, is the business of members of the party.
It is not for me, who never belonged to any party other than the original United Labour Front, and that very briefly, to tell UNC members who they should elect as their leader, the way frontline members of the UNC openly lobbied for Penny Beckles over Keith Rowley during the internal elections in the People’s National Movement in May 2014.
Continue reading The party’s over
By Raffique Shah
October 26, 2015
With crime, especially murder, being the number one issue on the national agenda for more than two decades, the police cannot escape being targeted as the most blameworthy for the barrels of blood in which the nation is swirling.
In the most recent sensational case, the Tobago double-murder, the police have come under fire from just about every quarter, including the media and individuals in Britain, among them former UK High Commissioner Arthur Snell and the sole survivors of a string of similar gruesome attacks on the island, Peter and Murium Green.
Continue reading Police under fire
By Raffique Shah
October 19, 2015
If a mere ten percent of the sums of money quoted by almost every new PNM minister as having gone to waste or astray under the previous government is factual, then at least a billion dollars was squandered or stolen during the tenure of the People’s Partnership.
If the ministers were accurate and truthful in their allegations of profligacy, then an astounding ten billion dollars, at least, found its way into the bank accounts of assorted thieves and accomplices.
Continue reading Scale of squandermania mind-boggling