business-risk

Usually in an environment where there is no security, that also means any businessman who want to do business there is taking a high risk.

Nobody loves to go for a long drive on a bumpy road. It is true for investments as well. Conditions of severe political and economic insecurity, corruption, often underpinned by weak governance and high levels of poverty make the risk management of an investment almost impossible. In an unpredictable volatile situation, no wise investor would prefer a term investment, because although the chances of long term reward might be very high, there could be indefinite chances of downside too. However, there are investors who love to take benefit of these uncertain markets. They buy on dips and sell when it goes up and exit any time of their choice with profit-- it could be some stocks or some stakes in businesses. To them, short-term volatility is nothing strange; sometimes they wait to embrace unsecured uncertainty. They prefer to buy and sell business risks without blocking their fund in risky investments.

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Here is a picture of the three buildings that have been hit with gunshots. They are Natcom, Marriot and Digicel buildings hit by 13 gunshots

The insecurity continues to show its head in Haiti and nothing or no one can feel secure in this country. We have pictures to demonstrate that some of the biggest businesses in the country have now been targeted.

Natcom, Marriot and Digicel buildings are now the lats victims of the unsecurity as it was confirmed that these three building were have been hit with bullets. A total of 13 bullet holes have been documented; some of which shattered windows of the buildings

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Firefighter fighting fire in Haiti by the bucket.

The fire ravaged one of the oldest hotel-restaurants in the upscale hilltop suburb of Petionville overlooking Port-au-Prince. 'Cubano', a 12-room hotel was renamed as 'The Perroquet' (The Parrot) in 2012 where regular concerts and parties for promotion of traditional Haitian culture were organized and which was an integral part of Petion-Ville's night life, was gutted by the fire. The fire at 'Cubano' first broke out in a storeroom and it spread quickly, because the firefighters took over an hour to respond. About 10 people were inside the hotel when the fire started, but all escaped unhurt. Bianca Stecker, the distraught daughter of the proprietor has complained that "It's been years that we are complaining about the uncontrolled building with makeshift structure next to our hotel; it was violating every norms of safety.

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