Where have all the Sponsors gone?
Caribana had several sponsors during the early years of the festival until the 1986; when Harambee moved in. The usurpers lost the sponsors and had to head down to City Hall – cap in hand! No board was able to get the major sponsors to return, who often gave in-kind (that’s the term we used in those days) before CCC was hijacked.
It is rumoured that FMC approached some sponsors who asked for the name Caribana to be included, before they would consider sponsoring the festival. This has opened a Pandora Box that has FMC and CAG trying to outmaneuver each other. It’s very unlikely that CAG will hand over the name Caribana to FMC; without demanding some form of a joint participation in the festival.