business

Here is a picture of a Haitian woman involved in the commerce. Due to her limited capacity, she is obligated to find a place in the streets of Port-au-Prince to see if she can make enough to feed her family.

These businesses usually do not find any support from the Haitian government. Access to loan is almost non existant to those business people.

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Here is a picture of the young Haitian entrepreneur, Garius Lonick.

Haitian Youth Businessman in Contest for International Distinction

Young Haitian Businessman, Garius Lonick, is one of 2014's Ten Outstanding Young Haitians. He is now vying for one of 2015's ten outstanding youth globally.

Lonick began his business at age 12 when his parents could no longer afford school tuition. He became an artisan, funding his education, ending with a BA in medical technology.

He has launched four businesses in the medical field, with an employment force of 100. JCI will determine ten winners of the global competition.

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Here is a picture of the Superior Court of Auditors and Administrative Disputes (CSCCA) in Haiti.

Recently, on Monday, May 26, the Superior Court of Auditors and Administrative Disputes (CSCCA) has released a note expressing its denouncement on the campaign of disinformation and denigration accompanied by veiled threats against its reporting about the formal state officials, to the Parliament. However, as per the note, this act or campaign of intimidation will not affect CSCCA's ability and fairness to judge the acceptability of the public accounts, including the audit of records relating to any former ministers and prime ministers. The CSCCA will take all necessary measures to the person involved in the process including their family members. The CSCCA has been working extra time since January to cope with over 40 number cases pending before the court related to the former managers or ministers of public funds who wished to participate in the upcoming elections. Since the former managers and ministers' involvement with the public fund are under their scanner, it is not difficult to apprehend about the source of threats.

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Increase of 6.7% of minimum wage in textile industry in Haiti to take effect immediately

On Friday, May 1, 2015, at the ceremonies of Labor Day and agriculture, the President Martelly has announced an increase in the minimum wage rate by 6.7% over the current prevailing rate between 225 to 240 gourdes for an 8 hour daily work in the textile sector, with immediate effect. In the last year, On May 1, President Martelly announced 225 gourdes as the minimum wage rate for textile workers in compliance with a Presidential decree dated April 16, 2014. However, the textile workers found that this increase of minimum rate announced by 6.7% is far from their minimum requirement. They continued to demand a minimum earning of 500 gourdes excluding overtime remuneration.

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Here is President Michel Martelly at World Economic Forum on Latin America in May, 2015 in Mexico

On Thursday, May 7, 2015, President Martelly, accompanied by the Minister of Economy and Finance and the Minister of Trade and Industry, visited a forum on the 10th World Economic Forum on Latin America, at the Hotel Quintana Roo in Mexico. He took the opportunity to present many business and investment openings offered by Haiti to the overseas investors. He spoke before a panel composed of important dignitaries like Presidents Enrique Pena Nieto (Mexico), Juan Carlos Varela Rodriguez (Panama) and of Klaus Schwab, Executive Director of the World Economic Forum. President Martelly assured his audience with information about the unique satisfactory investment environment and its infrastructure in Haiti. Outside the forum, he also had some other bilateral meetings including with the President of the National Institute of Entrepreneurs of Mexico and the Director General of small business of this institution (INADEM).

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Here is a picture of Haitian Businessman Marc Antoine Acra.

On Wednesday, April 15, 2015, one of the vessel (MANZANARES) of the twenty years old sugar importing company NABATCO was seized with 77 kilos of cocaine and 10 kilos of heroin. However, in response, the Director General M Marc Antoine Acra of the company categorically rejected this statement as derogatory rumors and has said that NABATCO is in the sugar trade for over twenty years and they are managing the global sugar export business with excellent reputation and track record. His vessels carrying cargos of sugar do not belong to his company. A Freight American company chartering boats for NABATCO receives payments of the freight and is fully responsible for the contents of the cargo loaded on the ships. These cargos are accepted under the supervision of Colombian port authorities, checked by the narcotics control authorities and the security service before leaving the port of Buenaventura. NABATCO is nothing more than a vessel owner, and cannot be held responsible for any act performed beyond the limits its knowledge.

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Here is a picture of the Haitian American Sugar Company, Hasco.

Haitian American Sugar Company (HASCO) closed its doors in 1987, putting 3,500 refinery workers out of work. Dominican smugglers, able to bypass a government tax, caused the selling of refined sugar to plummet, making HASCO bankrupt.

President Duvalier ordered HASCO to stop refining sugar, while his government imported refined sugar at global market prices, making a profit when it resold it.

HASCO, in hock for $7.6 million, paid workers off with a borrowed $1.5 million.

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A bill has been introduced to US congress for the expansion of Haitian Hemispheric Opportunity Through Partnership for Encouragement

HOPE II Act likely to extend deadline until 2030

It would certainly be a shame to stop the good work being done by the HOPE II Act project that has already seen to growth of the textile sector in the country. the current deadline for the act is 2018, but Senator Bill Nelson, in US Congress on February 12, introduced the notion of extending the HOPE II Act (Haitian Hemispheric Opportunity Through Partnership for Encouragement, and the HELP Act (Haiti Economic Lift Program), which expires in 2020. Both acts seek to be extended to 2030.

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Here is a picture of the Usine Sucriere Citadelle (Welsh) in Limonade that closed its doors in 1990 for lack of efficiency and productivity.

Also closed were the Haitian American Sugar Company (HASCO), the Usine Sucriere des Cayes (USC)

With the closing of there major sugar refineries in the country, Haiti is no longer a sugar producing country anymore.

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The founder of the organization APLADEM, Uzale Remay, has been nominated Digicel Entrepreneur of the Year 2014

Uzale Remay, founder of APLADEM, was awarded the prize of the 2014 Entrepreneur of the Year by the Digicel Foundation. The tradition of awarding those who survive Haiti's tough business climate to make successful businesses from the ground up began five years, when Remay's company, which she started in Jacmel, was 20 years old. She began her company after witnessing the waste of fruit produce in her community. She made contact with the Ministry of Agriculture and worked out a system that allowed for the formation of a fruit transformation process, which proved very profitable and resourceful.

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