Business Editorials

An oil economy: Public perception vs reality

One of the things that came clearly across in this newspaper’s interview earlier this week with Natural Resources Minister Raphael Trotman was the need to separate the idealistic wishful thinking that used to (and still does) inform public discourse about such prospects that might arise as a result of an oil discovery from the very different reality that obtains now that we are actually on the verge of becoming an oil-producing nation.

The eviction of the Robb Street vendors

The Bourda vendors who ply their trade on Robb Street between Alexander Street and Orange Walk may have been given a directive to resume trading yesterday after being subjected to two successive days of loss of earnings but that does nothing to conceal the continually deteriorating relationship between City Hall and the urban vending community, on the one hand, and on the other the patently quixotic management style of the new municipal regime in matters pertaining to addressing the issue of vending in the capital and more.

City Hall and the threatened garbage disposal faceoff

The Stabroek News’ account of the ongoing brouhaha between City Hall and the two waste disposal contractors, Puran Brothers and Cevons Waste Management, over the former’s liabilities to the two service providers would surely have been hilarious had the whole sorry tale not graphically exposed the fact that the recent Local Government Elections that had been held forth in some quarters as a panacea for all the ills of the municipality will clearly not exorcise some of the long-standing demons that have haunted City Hall.

The scrap metal industry

There is absolutely no way that the authorities could have continued to countenance the relentless pillaging of the installations of the utility companies by thieves targeting metal infrastructure for vandalizing in order to make a living out of selling the metal.

The Coconut Industry

The recent announcement that Guyana will be hosting a high-profile coconut industry forum in October this year will probably not attract much sustained interest beyond the direct stakeholders in the industry though in his briefing on the forum and the industry as a whole provided to this newspaper, Mr Raymond Trotz, Chairman of the National Stakeholders Forum for Coconut Development hoped otherwise.

City Hall, central government and the parking meter matter

It is a comforting thing that sections of the citizenry have opted to hold City Hall to account in the parking meter brouhaha, if only to make the point that its behaviour in the matter of the rolling out of the project runs counter to the very commitment that it made to democratic conduct when it took office to replace a predecessor administration that had itself been accused of, not infrequently, acting as a law onto itself.

A perspective on the small business sector

While the Stabroek Business has been unable to secure a reliable estimate of the extent of the increase in urban trading over the past five years we have noticed the pronounced upsurge in small business investments in sectors such as grooming and beauty treatment (barbering, hairdressing, cosmetology), fashion, food vending and IT goods and services.

City Hall and the parking meters

The very last thing that City Hall needs now that it is probably better-positioned than it was a few months ago to put behind it a past strewn with accusations of fraud, mismanagement and corruption is more of the same, though it seems on the basis of the available evidence that it may not be particularly mindful of the consequences of passing the same way twice.

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