The Grenada newsletter

Material Information

The Grenada newsletter
Place of Publication:
St. George's, Grenada, West Indies
A. & C. Hughes
Publication Date:
Twenty no. a year
completely irregular
Physical Description:
v. : ill. ; 36 cm.


Subjects / Keywords:
Periodicals -- Grenada ( lcsh )
Politics and government -- Periodicals -- Grenada ( lcsh )
Economic conditions -- Periodicals -- Grenada ( lcsh )
Social conditions -- Periodicals -- Grenada ( lcsh )
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:


Dates or Sequential Designation:
Began in 1973.
General Note:
Description based on surrogate of: Vol. 11, no. 1 (Jan. 22, 1983); title from caption.

Record Information

Source Institution:
A. & C. Hughes
Holding Location:
A. & C. Hughes
Rights Management:
Copyright A. & C. Hughes. Permission granted to University of Florida to digitize and display this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Resource Identifier:
24157414 ( OCLC )
sn 91021217 ( LCCN )
F2056.A2 G74 ( lcc )


This item has the following downloads:

Full Text

Alister Hughes 22nd August 1975
PO Box 65

For Week Ending August 23rd 1975


Mr Lyden Ramdhanny, President of the Grenada Chamber of
Commerce, said yesterday (21st) that the 'pblittoil climate"
in Grenada would have to improve before the island could recover
from its current economic slump.

In an exclusive interview with NEWSLETTER, Mr Ramdhanny, who has
the distinction of being the youngest President ever to head the
Chamber, said he had had recent discussions with sources close
to the Banking Community. "The local economic situation is
unhealthy," said Mr Ramdhanny, "personal savings with the Banks
are now on a steady decline, and as a result, the Banks are
holding a very tight rein on loans." "In fact", he continued,
loans extended by the Commercial Banks in Grenada now exceed
savings, and this negative gap is increasing."

According to Mr Ramdhanny# the Grenadian business community is
in considerable difficulty because of the worsening economic
situation. During the first six months of 1975, the drop in
the building materials trade was some 20% as compared with 1973,
the last normal year of trading. (Grenada was shut down for a
long period in 1974 as a result of political unrest).
Mr Ramdhanny said that building activity in the public sector
was negligeable and t at the only activity in the private sector
was a few homes being built, mainly with money remitted by
relatives abroad.
Inflated Cost

In the food sector, the President of the Chamber said he had
been in touch with the operators of the principal outlets and
that the volume of cash turnover is higher than in 1973. Food
vendors, however, say that this is not an indication of
increased trade but a reflection of the inflated cost of
foodstuff. Also, said Mr Ramdhanny, the buying trend is
towards the purchase of basic staple foods only, and even in

Alister Hughes
Pake .2.
this category, there is an indication of reducing volume.

"It is obvious," Mid Mr Ramdhanny, "that the spending power

of Grenadians is now very limited because of the unemployment

situation, and the.private sector is unable to do anything

about it because it is already stretched to the limit in

providing jobs in a declining economic situation. Government

has admitted its lack of funds and is, therefore, unlikely to

be able to undertake any major job-intensive projects. bur

only hope is for an injection of outside capital. The existing

political climate does not encourage this, and, until we can

attract new investment, particularly from our more affluent
CARICOM partners, the current economic slump will continue and


Mr Ramdhanny thought that agriculture was still the basic

dependable source of income for Grenadians, and he felt that,

when the right conditions have been created, agro-based labour

intensive industries should be the objective of the island's

economic planners.
(452 words)


Senator Paul Slinger, Minister of State for Tourism in the

Grenada Government, said yesterday (21st) that there had been

no falling off in the interest of visitors to come to Grenada,

but that the island's problem was centered on airline communication.

This view was confirmed by Mr Charles deGale, President of the

Grenada Hotel Association (GHA) and owner/manager of the south

coast Calabash hotel.

Mr deGale said that the biggest problem of Grenadian hoteliers

was the seeming inability of Leeward Islands Air Transport

Limited (LIAT) to get passengers to Grenada. "More than

this", said Mr deGale, "the reservations system of LIAT does

not seem to work. It is not unusual that, after having great

Alister Hughes
Page 3

difficulty in getting passages confirmed, when hotel guests

arrive at the airport, they fail to get seats on the flight."

The situation is extremely critical, the President of GHA

continued, and it is so bad that hoteliers are cancelling

promotion trips they had scheduled to create business for the

1975/1976 winter season. "What is the point of selling out
all the hotel rooms in Grenada", Mr deGale asked, "when the
LIAT link to Barbados and Trinidad cannot be relied upon ?"


In this connection, Senator Slinger, without pinpointing LIAT

as the difficulty, said the problem of airline communications

to Grenada was being worked on and he hoped there would be an

improvement which would benefit the coming Winter Season.

Senator Slinger also disclosed that Mr Peter Capella, Grenada's

official Director of Tourism for Germany, Austria and

Switzerland, had visited Grenada this week. Senator Slinger

said Mr Capella, who is resident in Germany, brought with him

two important hotel investors who had showed considerable

interest in Grenada's potential. "I am hopeful that this

visit will bring developments in our Tourist Industry", said
Senator Slinger, "particularly as the Germans, who are among
the world's greatest travellers, are now on the lookout for the

exotic type of atmosphere such as Grenada offers."
(322 words)

For the third consecutive week, nutmeg producers demonstrated

through the streets of St.Georges in protest against the

dissolution by Government on July 4th of the elected Board of
Management of the Grenada Cooperative Nutmeg Association.

This week's demonstration took place on Thursday (21st), and

heavy rains may have affected the turn out which was about 150.

The demonstration of Thursday August 14th had proceeded to

Alister Hughes
Page ..
Government House where a protest petition was presented to the
Governor General, Sir Leo deGale, by a delegation led by Mr Exel
Roberts. Mr Roberts reported after that Sir Leo had said that
he had no power to intervene in the matter, but that the Government
had promised to hold new elections to the Nutmeg Board within two
months of the dissolution of the elected Board.

Speakers at the demonstration yesterday (21st) said these elections
should take place by September 4thj and it was decided to hold a
meeting at the Seamoon race track on Sunday September 7th to consider
the situation,

Contacted on the phone yesterday (21st); Mr Claude Morrison,
Chairman of the interim Nutmeg Board appointed by Government, said
he knew of no promise by Government to hold elections within two
months, neither did he have any information relative to any scheduled
elections. (210 words)
o .0-0-o0-0-0-
In an exclusive interview with NEWSLETTER, Mrs Marcella David,
President of the Soroptimist Club of Grenada, said today (22nd)
that she was very pleased with the response to the Arts and
Crafts Eihibition' or Women which the Club is sponsoring in
observance of International Woman's Year 1975.

Interviewed on the Exhibition site at the buildings of the
Technical and Vocational Institute in St.eeorgee, Mrs David said
she was pleased with both the number of entries and the high
standard of the exhibits.

Mrs David also revealed that the 4th Anniversary of Soroptimist'
international of GeOnada falls on August 23rd, but, beoaupe of
the holding of the Arts & Crafts Exhibition, the celebration of
the Anniversary ha& b'-n poetpond a It wV 'hopqA that
this event would take place on September 7th.
(159 words)

Alister Hughes
Page 5

On the 19th and 20th August, the S 8 "Geestttde" loaded 33,558
boxes of Bananas weighing 1,001,816 Ibs and valued at
EC$95,172.00. There were 163 boxes rejected. The next
loading of bananas is expected to take place in the week ending

September 6th.
(41 words)

During the first half of August, there were three cruise liner
calls at Grenada. The "Cunard Adventurer" arrived on the 5th

and 12th with 616 and 680 passengers respectively. The "Sun
Viking" berthed on August 8th with 798 passengers.
(41 words)
A meeting of the House of Representatives today passed the
Newspaper (Amendiant No 2) Act 1975 which will allow newspapers

printed or published in the State to effect insurance-against

libel instead of making a cash deposit of EC#20,000.00 with the
Accountant General.

On July 4th, the Newspaper (Amendment) Act 1975 became law, and,
in addition to an annual licence fee of EC$500O00 and a bond of

$960.00, this Amendment required a cash deposit of $20,000.00 or
"security in the form of Government Bonds". The Amendment

passed today (22nd) allows the Minister responsible for newspaper
to aooort, as an alternative to Government Bonds, "a policy of
insurance given by the Caribbean Publishers and Broadcasters

Association from any reputable Insurance Company acceptable to

In the Public Gallery of the House during the passage of the
Amendment today, was Mr Ken Gordon, President of Caribbean
Publishers and Broadcasters Association and Managing Director
of the Trinidad "Express" newspaper. This Amendment permitting

an insurance policy to be accepted has been made at the
instigation of CPBA.

Alister Hughes
Page 6

Sources close to CPBA said recently that insurance against

libel was not easy cover to get, but some insurance companies

had shown sympathy with the position of newspapers in Grenada

and the matter was being persued.

However, insurance circles in Grenada expressed the opinion

today that insurance against libel was a very unusual risk.

It was not known what such insurance would cost, but it was

felt that, if insurance cover of this nature could be obtained,

the annual premiums would be excessive.

Alister H es

2j August 1975

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