DAREECE POLO
Senior Reporter
dareece.polo@guardian.co.tt
Although he was only approached by Prime Minister Kamla Persad-Bissessar to lead a ministry days ago, Minister of Trade, Investment, and Tourism Satyakama “Kama” Maharaj has ambitious plans to reshape Trinidad and Tobago’s business landscape at a time when the country continues to face challenges with its ease of doing business.
Maharaj may not be a career politician, but he is no stranger to political affiliations, having previously been aligned with the National Alliance for Reconstruction (NAR), Congress of the People (COP) and now, the United National Congress (UNC).
The Sacha Cosmetics founder brings over 45 years of business experience, having nurtured a homegrown brand into 50 markets and topped Amazon charts.
Maharaj was one of the last two members to be sworn into the newly installed Government during a ceremony at President’s House, St Ann’s, yesterday.
Minister in the Ministry of Housing Phillip Edward Alexander was the other minister who was sworn in. (See other story)
Speaking afterwards, Maharaj said he is focused on diversifying the economy, boosting exports and strengthening the manufacturing sector. He also plans to drive foreign investment and give the tourism sector a much-needed boost.
Reflecting on a trade mission to Ghana, Maharaj said there are opportunities for greater collaboration with Africa.
“Our problem is we are a small country. I didn’t start Sacha in a fashion hub—New York or Paris or LA or Milan—in a little country. And when you grow, you soon run out of markets. You soon run out of people to sell to. We (T&T) have to expand. We’re not in a big country, right? So opening markets, and I think one of the biggest markets we have to explore is Africa,” he said.
“They want to do business with us and we should be focused. West Africa is 470 million people. Republic Bank has 42 branches in Ghana and a base over there. But it takes two days to get to Ghana. But a big airbus can go in eight hours, straight across.
“If you cannot visit, you cannot do business. So we have to open that market and negotiate. They have a similar agreement, same body like over there. I don’t know their name, but we should be forging a duty-free agreement with them. And we’ll have to open factories all over the place to manufacture for that market.”
First on his agenda is a meeting with his ministry team to chart the way forward. With limited time and a clear action-oriented approach, he said he is prepared to hit the ground running.
Maharaj also has clear ideas about how this country’s foreign exchange crisis can be addressed.
Noting that he has an acute awareness of the business sector and problems which exist, Maharaj said his primary focus will also be making the sector more accessible.
“We have to focus on making it the easiest place in the world to do business. You must set an objective,” he said, noting he has been waiting on an opportunity to effect change for a while.
Moreover, Maharaj believes merging tourism, trade, and investment aligns with the broader goal of diversifying the economy.
He also expressed hope that no jobs will be lost due to the amalgamation of ministries, though he has yet to meet with officials to discuss the future of employees.
The previous People’s National Movement administration maintained separate ministries for Trade and Industry, and for Tourism, Culture, and the Arts.
Meanwhile, drawing on his global experience, Maharaj noted the vast potential to position tourism as a key pillar of economic diversification. He emphasised Tobago’s vital role in this vision and highlighted major opportunities in areas such as medical tourism, sports tourism, and beyond.
Commenting on the 10 per cent tariff imposed by United States President Donald Trump, Maharaj encouraged businesses to think creatively and explore legal workarounds to help mitigate its impact.
“There’s always opportunity in any macroeconomic situation like this. Right? There are opportunities that could be exploited. We are looking at it ... One thing we never do, we could get knocked down but failure is not getting knocked down.”
Regarding trade within Caricom and T&T’s leadership role, he expressed his intention to strengthen and build on that foundation. However, he acknowledged existing challenges that hinder expansion into other regional markets.
When asked why he accepted the invitation to serve as a senator and minister, Maharaj said he has entrusted the leadership of Sacha Cosmetics to his son and has long felt a calling to give back. He previously launched a mentorship group on Facebook, Young Entrepreneurs TT, and sees this new role as a chance to make an even greater impact on the nation.
He said he has been friends with the Prime Minister, with the two occasionally sharing ideas that were not political. However, he acknowledged that “it ended up that way.”
Maharaj said he intends to meet with both the business chambers and tourism stakeholders in the not-too-distant future.