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Boycott them – Sinckler

Just days after Minister of Industry Donville Inniss threatened to name and shame businesses which raised prices to unreasonable levels following the introduction of the National Social Responsibility Levy on Thursday, one of his Cabinet colleagues is taking the attack to such businesses even further.

Minister of Finance Chris Sinckler today urged Barbadians to boycott businesses that jack up their prices exorbitantly.

Sinckler said he expected the cost of goods to rise after the newly-imposed two per cent levy on imports goes into effect on September 1.

However, he said it ought not be immediate, due to the fact that existing stock would not have been subjected to the levy, nor must the price increases be excessive.

Speaking to reporters this morning on the sidelines of the official opening of the fifth Burger King fast food outlet at Warrens, St Michael, the minister warned of one supermarket which he said could not justify hiking its prices the moment the levy takes effect, but which was on the radio today inviting consumers to shop now and enjoy low prices now because prices would rise on Thursday.

Sinckler did not identify the supermarket, but advised Barbadians to be aware of the fact that the two per cent tax was not applicable to this company’s existing stock.

“I know the system well enough to know that that particular company has quite a bit of stock in Barbados, and that stock would have come through the port without two per cent on it. So therefore, there should be no immediate change in the price of the product being provided on the 1st of September; that will have to come when the restocks come in sometime later. So it is interesting days . . . now we will see what the immediate reaction will be,” he said.

Despite his concerns, Sinckler suggested the Ministry of Commerce had little to no power to penalize price gougers,but that its responsibility was to monitor prices and alert Barbadians.

“I don’t know of any specific penalties, but I think people have choices, and the best penalty that you can have is for those persons who see unreasonable behaviour . . . where it is clearly perceptible that people are being unreasonable, then they should shift their purchases to somewhere else where a more reasonable behaviour is being exhibited,” the Minister of Finance advised.

9 Responses to Boycott them – Sinckler

  1. jrsmith August 30, 2016 at 5:01 am

    Price hiking is nothing new to Bajans its always happening in the tourist industry, that why lots of local businesses ifs failing and Bajans is left to struggle and pick up the pieces.

    These ministers is wanting bajans to do they job for them the lazy suds need to pull they fingers out and do something ,instead of constantly raising taxes..

  2. Alwin Ellis
    Alwin Ellis August 30, 2016 at 5:15 am

    Start the boycott wity the clueless DLP government

  3. Hal Austin August 30, 2016 at 5:31 am

    So govt is now a pressure group? The answer is to introduce a prices and Incomes commission, which mu t approve all price increases and pay rises.

  4. Tony Webster August 30, 2016 at 5:35 am

    Any “boycotts”…or lethal body-line deliveries…should be directed at the guy who is the cause of the coming hike in C.O.L. Indeed, that batsman (sorry, batter) Boycott should be given the finger and told to leave the wicket quickly…as not only has he been (again) caught plumb l.b.w. …but he has demonstrated a fondness for “swiping”…and this is NOT 20-20…this is test match stuff, where only the best of the best should ought to be out there in the middle. Yes, he is very “economical”…with the bat!

  5. Lennox hewitt August 30, 2016 at 6:09 am

    Massy Stores is one there prices high i no for sure .

  6. Lennox hewitt August 30, 2016 at 6:17 am

    Can’t only deal wid Supermarkets Hardwares too especially Automotive Art most expensive in Barbados but d best Hardware overall in my apinion is H&B prices good and Carters behind don’t talk bout that Hardware out st thomas belowe automotive art them d worst no wonder we welders don’t shop there so not only supermarkets nuff buisnesses too .

  7. Aneta August 30, 2016 at 7:14 am

    I agree with you Lennox. I boycott massy (super centre) years ago and Carlton and A1 just over 2 years. When I visit and prices not to my liking, I keep noise and leave never to go back don’t care what. So you know, my taste buds also changed. Food for thought. No pun intended

  8. John Everatt August 30, 2016 at 8:06 am

    I think that Mr Sinclair does not seem to realize that in the case of a large retailer that imports daily, when today’s just imported can of beans is stocked on the shelf they can not have one price for the old stock of canned beans on the shelf and another for the newly placed stock of canned beans on the shelf. The bar code on the new can of beans is the same as on the old can of beans. Therefore, the price on the old can of beans must be the same as the price on the new can of beans. So I think that if a new tax needed to be levied then an increase in VAT would have had less effect on the consumer. At least that would not have been compounded so that we are now paying VAT tax on top of the new import tax.

  9. Ossie Moore August 30, 2016 at 11:17 am

    Fifth Burger King? Well I sincerely hope they are buying our fresh produce such as tomatoes, onions, lettuce and pickled cucumbers. Cottage industry folks! Are you producing Mayonnaise that beats the rest? You should be ashamed if you don’t especially having all those professional chefs on the island. Don’t be lazy get to it when you have all this competition!


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