Word: haiti
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...rapper, Fugee member and activist Wyclef Jean plans to give a free concert in Haiti, his first there since...
...start your charity, the Yéle Haiti Foundation? Yéle is a word I created, a cry for freedom. I started it when I went back to Haiti with the Fugees in 1997. Smelling the air when I got off that plane, it felt like home. What if I never left and experienced the American dream...
Pemex is now the government's cash cow, providing about 30% of federal revenues, a dependence that has torpedoed fiscal reform. Nonoil tax collection, as a percentage of GDP, is about 10%--about the same as in Haiti. Lopez Obrador's economic team calculated that an additional 2% to 3 % of GDP could be recouped with more rigorous tax collection, which would mean cracking down on rampant tax evasion--roughly at 50%--and the widespread abuse of legal but economically unjustified tax exemptions. "All businesses should pay tax without exemptions," says José Luis Barraza, president of the Consejo Coordinador Empresarial...
Still, it's doubtful he'll stray much from the recipe that has brought him so much success in the Caribbean. Take Haiti, for example. Digicel's due diligence consisted of ceo Colm Delves driving around the capital of Port-au-Prince for three hours. He concluded that the nation had a rich cash economy, and O'Brien quickly committed $130 million. That money went first to a massive marketing campaign. Next, Digicel began to sells its phones, all brand-name models, for less than half the price of its closest competitor. It even gave some away...
...American approach modeled on Haiti could be Digicel's downfall, says Yankee Group analyst Wally Swain. The U.S. is a viciously competitive market filled with deep-pocketed, giant competitors. "All they've faced before are sleepy incumbents," Swain says. "The U.S. is a different animal. They should stick with what they do well...