Give them time

Sir Kyffin makes appeal to Barbadians on behalf of Government

Business mogul Sir Kyffin Simpson wants Barbadians to give the Government they elected a chance to get the economy right.

While acknowledging that it was tough for many people given the difficult period which the economy is going through, he said he felt the Freundel Stuart administration was doing what was necessary, slowly but surely.

Business mogul Sir Kyffin Simpson
Business mogul Sir Kyffin Simpson

“We just have to have faith in our leadership that we elected. I think the economy is fixable and for sure, sooner or later I think we will be seeing it getting fixed,” Sir Kyffin, one of the Caribbean’s most successful entrepreneurs, said in a rare interview at the weekend with Barbados TODAY.

Saying that Government could not do all it wanted for lower income earners now given that it has to spend 70 cents of every dollar it earns, the businessman suggested that residents just had to hold strain.

“I think we have no alternative but to hold on and give the opportunity and the time and we’ll see how it develops. They are making and taking steps that they should take and we just have to ride with it and go at their pace. They obviously don’t want to go too fast because they don’t want to bring anymore [discomfort] to the people who are already hurting a little bit,” he said.

Sir Kyffin, who founded car dealership Simpson Motors, said his industry had not been immune to the economic troubles.

He noted that new car sales had dropped 59 per cent since 2008.

“So it has contracted quite a lot,” the businessman said.

Sir Kyffin was speaking to Barbados TODAY during the premiere of local film Vigilante – The Crossing at Limegrove Cinemas.

He said films of that high quality could do good for other filmmakers and the economy as well.

“This show is so well done and beautifully promoted that I think it will give a lot of people a lot of encouragement that they can do the same and better maybe,” he said.

“I think it is a good opportunity, I think there is a lot of talent in Barbados in this area and a lot of people have been doing a lot of smaller works and this would be a big opportunity to show that they can do to bigger things,” he added, noting that corporate sponsorship was very much needed.

Another leading businessman, Ralph Bizzy Williams, also said the film industry could contribute to economic recovery.

“There is tremendous potential for Barbadian films on the world scene and we have to innovate in this island and do things that we’ve never done before in order to sustain our economy and our standard of living,” he told Barbados TODAY.

“We have seen what Rihanna was able to do and we have lots of talent in Barbados . . . A good movie on the world stage coming from Barbados would put Barbados further on the map than it already is. Barbados is a very strong brand worldwide and to have a film produced in Barbados and a hit on the world stage would be my dream come true.”

His Williams Industries was the main sponsor for the film. It has been making that type of contribution for over 20 years and Williams said that once finances allowed, he would continue to do so.

15 Responses to Give them time

  1. Elke Hassell
    Elke Hassell March 24, 2015 at 11:52 am

    Give them time???? Really – tell that to the Pope. We want to know what happened to those Millions of Dollars that are missing on the Auditor General Report. No wonder we are going down hill, this here starts to look more and more like some of the other Places that are Corrupt as hell.

  2. Lindsay Farmer
    Lindsay Farmer March 24, 2015 at 12:00 pm

    Easy to make statements like that when you have good disposable income. How much longer should we give them Sir Kyffin? They have already had 8yrs and what have they got to show for it?
    Increased taxes which result in less revenue.
    Thousands of Public Servants sent home, not to mention the thousands more from Private sector.
    Too many Downgrades to remember, which has resulted in no one wanting to invest in Barbados. Yourself included, investing millions in Guyana Sugar Industry, but not a cent in our, not that I blame you. Speaking of Sugar Industry, add the ruin of that industry to the list of accomplishments this administration has.
    So again, how much longer do we give them?

  3. Watchman March 24, 2015 at 1:41 pm

    The ruin of the sugar industry ?
    At primary school in Class 3 in 1985, while tabulating sugar output in Bim it was clear that the output had markedly fallen off since the 70’s and was continuing to decline, but somehow the government since 2008 is at fault ?

    Recognise that the sugar industry was only still around because of preferential pricing due to guilt from colonial times. Fast forward to Geography in 4th form and finding out that some countries have cane fields that bigger than Bim, I asked what is Bim really doing in that market ?
    The government would have done well to sell off its assets of the sugar industry 30 years ago, but you know, jobs, votes, minions to put in positions etc.
    Everybody want de cold gone and to be healthy but nobody wants to drink de Buckleys and shark oil.

  4. Ian Matic Gale
    Ian Matic Gale March 24, 2015 at 2:01 pm

    Easy for a billionaire to say.. he has zero worries, meanwhile the rest of us working class citizens have to suffer n r expected not to complain about the government’s incompetence n indifference. Seems legit.. -_-

  5. Antonio Cozier
    Antonio Cozier March 24, 2015 at 2:36 pm

    easy for u to say MR RICHEST MAN IN BARBADOS

  6. Matthew Furby Dan Spooner
    Matthew Furby Dan Spooner March 24, 2015 at 3:16 pm

    man own half uh barbados lol

  7. Cherylann Bourne-Hayes
    Cherylann Bourne-Hayes March 24, 2015 at 3:22 pm

    how long has he been in power?

  8. Claire Battershield
    Claire Battershield March 24, 2015 at 3:25 pm

    He can say so cause he know a million and more $ why

    • cecil p March 24, 2015 at 6:26 pm

      I hear u but u know what this is a worldwide thing the country I’m living in is 50 times bigger than BIM and almost every day there is something going up .we’re living from pay check to pay check

  9. Claire Battershield
    Claire Battershield March 24, 2015 at 6:32 pm

    If I was him I would say so too cause the longer a fool last around the more control he and those of his ilk will have .

  10. James Morton March 24, 2015 at 9:39 pm

    I knew Sir Kyffin many years ago when he was NOT the richest man in Barbados, but an aspiring businessman. He was then and is now one of the most inspiring and generous people I have ever met. Please don’t disparage his success. Class envy is the worst possible driver of policy. If you have issues with the government’s policies, lay them out for all to see. You might win others over with your points.

  11. Harry Roberts March 27, 2015 at 7:50 pm

    I have always held Sir Kyffin in the highest regard even before he was knighted – however I can’t agree with his comments here. If he had a Company with similar poor results he would as a competent businessman do what is necessary to turn it around and the Management would be replaced with people who are capable of managing the business properly.
    Govt is the largest business in the world and the same principles should apply – unfortunately they don’t.

  12. Patrick Blackman March 30, 2015 at 2:13 pm

    The fundamental question should always be “who benefits”, when that is answered, then we can fix the problems.


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