Is Road Town Wholesale/Rite Way Food Markets for sale?
Locals want to purchase, no protection!
There are reports reaching our newsroom that about two local companies/group have expressed an interest in the purchase, however, its remains unclear if an offer was made to the owners of Rite Way Food Markets.
If a foreign company wishes to buy a local company, Government can block the purchase by not issuing them with a Trade License.
Last month, one Government Official- the controversial Minister for Education and Culture Hon Myron V. Walwyn- told the public in a meeting with his Ministry’s staff that the government can no longer write laws to completely protect locals.
"In today’s society, our Governments cannot write laws and implement policies to completely protect our local population…… There are many occasions where we wish we could do more to protect opportunities for our people, but the world doesn’t work that way anymore,” Hon Walwyn said to the surprise of the public.
Many disappointed in Minister Walwyn’s statement
Many in the indigenous and intellectual class have scoffed at such comments and labeled them as anti-local and the National Democratic Party’s pattern of promoting the non-protection of the minority local population.
With this new policy it is left to be seen if Government will intervene to slow down or stop the sale of Road Town Wholesale –Rite Way Food Market once locals have the financial and funding resources to carry out the purchase.
In the light of globalisation, Governments around the world have implemented laws to protect its indigenous people. The United Nations has approved hundreds of resolutions and charters to protect local people from economic, racial and social discrimination. Therefore, it is clear that Hon Walwyn is out of touch with modern best practices and up to date realities.
It is also our newsroom’s understanding that local business persons with an interest in the purchase have begun to hold informal discussions with government officials.
According to CEO of Riteway Food Markets Mr Simon Potter, there is a discussion going on but a sale could happen or not happen.
"People have been looking at it but nothing has been signed and it is far from a sale at this point. It is not the company being sold just shares. We are trying to ascertain who will sell and who will not. The figure is still not quite known. We still have not ascertained that,” Mr Potter told Virgin Islands News Online.
Efforts to reach Founder of Riteway Food Markets, Peter Haycraft and Junior Minister for Trade and Investment Promotion Hon Marlon A. Penn for comments were futile. Premier Dr The Hon D. Orlando Smith promised to return our call.
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76 Responses to “Is Road Town Wholesale/Rite Way Food Markets for sale?”
Those that work for the govt seem to think that it makes them important whereas most others think that they work for the govt because they can't find a job in the private sector.
YOU ARE A RACIST
Saling out one store at a time
The writing is already been signed on the walls. People-Please- pay attention to what’s going on in your surroundings. The partners of Roadtown Wholesales maybe ready to “bail-out” of the company and accept their “big payday” due in part to the changing landscape of the market.
Copying the poor sections of the US is not the answer, and these food chains do not help with the health of any peoples. AND I know for a fact that visitors don't want to see the same think they have at home. That is not traveling to a different culture.
EXPERIENCED IT MANY TIMES AND ASKED THEM TO RECTIFY THEIR MISTAKES BUT IT NEVER HAPPENED.
GET READY FOR MORE DISAPPOINTMENT. SAD , VERY SAD.
Hope certain someones are not trying to turn the BVI and other small Caribbean countries into 'East America'...
The big america is already an out of control Borg juggernaut. Diversity is important.
So what makes you think once the NDP is gone things is going to get any better. When election time comes around again, the NDP will be elected back in office. I will always back the NDP because they have a vision for this Country and know
exactly what to do to take the Country to the next level. IE... Economic growth,Advance Technology and so on.