Business

Cassava can be key to cutting region’s food import bill

Cassava can be key to cutting region’s food import bill

– FAO’s Robertson sees Guyana reclaiming ‘bread basket’ title

“Guyana has all of the ingredients necessary to reclaim its position as the bread basket of the Caribbean and the region needs to focus on cultivating high-yielding varieties of [cassava] as well as addressing the processing and commercialization considerations associated with [its] popularization,” newly appointed Food and Agriculture Organization (FAO) Resident Representative in Guyana, Reuben Robertson has told Stabroek Business .

Regional credit rating body  seeks to do business in Guyana

Regional credit rating body seeks to do business in Guyana

- lobbying BoG to join its Board

Stabroek Business has learnt that the region’s first ever credit-rating agency, the Trinidad and Tobago-based Caribbean Information and Credit Rating Services Ltd (CARICRIS) is currently engaging the Bank of Guyana (BoG) with a view to the local entity becoming a member of its Board of Directors .

The local trade in expired and counterfeit food and drugs

All sorts of stories have circulated about the practice of offering expired and counterfeit brands of food and drugs for sale on the local market .

Cartoon

Cartoon

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Lower gasoline prices dampen US consumer inflation

WASHINGTON (Reuters) - US consumer prices fell over the past year for the first time since 2009 as gasoline prices continued to tumble, which could allow a cautious Federal Reserve more room to hold off on raising interest rates .

Dazzle: Holding its own in a competitive  graphic art and embroidery market

Dazzle: Holding its own in a competitive graphic art and embroidery market

Ryan Braithwaite is one of a growing number of young Guyanese professionals who have slipped into the world of business .

Energy Chamber on T&T-Venezuela talks: More issues can be addressed

Energy Chamber on T&T-Venezuela talks: More issues can be addressed

(Trinidad Express) - Although Trinidad and Tobago and Venezuela are working together to develop the energy sector in both countries, more issues could be addressed that would be mutually beneficial .

Stock market updates

Stock market updates

GASCI (www .

Umami sets sights on ‘taking on’ the foreign competition

Umami sets sights on ‘taking on’ the foreign competition

- mulls adding vegetable oil to its product range

Chris and Chanchal Persaud believe that Umami, their nearly two-year-old local enterprise has some distinct competitive advantages over similar businesses here in Guyana and almost certainly elsewhere in the region .

Kitco Market Data

Kitco Market Data

Gold Prices for the three day period ending Thursday February 26, 2015

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver .

Wafugee website offers new  options for local consumers

Wafugee website offers new options for local consumers

Two inventive Guyanese, Valmiki Bankay and Michael Williams, have created a social and business web application, Wafugee, which they say can help users “to connect to people, places, products and services in one convenient location on a single dashboard .

Forest products sales up, marketing council head says

Forest products sales up, marketing council head says

- locals need to raise game to compete with imports

A sharper focus on value-added production and discussions with stakeholders on the formulation of a new log export policy are amongst the priorities for the forestry sector identified in the five-year (2015-2020) – strategic plan promulgated by the Forest Products Development and Marketing Council of Guyana (FPDMC) .

Avon vendors challenged to explore business options

Avon vendors challenged to explore business options

It will take some time for the full impact of the closure of its Caribbean operations by the American cosmetics giant Avon to be felt in the Guyana economy, but amongst the vendors, mostly women, who have, for years, sold the company’s cosmetics goods from their living rooms, in small makeshift stores and even from pavements, the end of Avon’s operations in Guyana appears to have brought with it a sense of shock and bewilderment .

Putting workplace safety and health on a higher national plain

Putting workplace safety and health on a higher national plain

By Dale BeresfordIt comes as no surprise to me that in the wake of three serious workplace accidents in coastal Guyana in about three weeks neither the Ministry of Labour, the private sector nor the trade union movement have issued a substantive statement on these accidents .

West Dem children tune in  to shade house agriculture

West Dem children tune in to shade house agriculture

Given its focus on targeting poor families in coastal and rural communities seeking to secure sustainable livelihoods, the Partners of the Americas shade house farming initiative has attracted considerable attention across the country .

Stock market updates

Stock market updates

GASCI (www .

The Avon closure

There were some revealing stories to be told this week by persons, mostly women, involved in the marketing of Avon products here in Guyana following the announcement by the American company that it was closing its distribution operations in sixteen Caribbean countries, including Guyana .

Kitco Market Data

Kitco Market Data

Gold Prices for the three day period ending Thursday February 19, 2015[caption id="attachment_323737" align="alignnone" width="385"] Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver .

Business Cartoons

Business Cartoons

Business Cartoons .

Packaging deficiencies bar access of  local produce to overseas markets

Packaging deficiencies bar access of local produce to overseas markets

Few of the hundreds of local small producers in the food, drink and condiments subsectors turned up at last month’s seminar on packaging and labelling, though they needed to be there if they were to become aware of just how far away they are from realizing their dreams of lucrative overseas markets .

Anyone for Aviation?

Anyone for Aviation?

Roraima Airways CEO delivering a lecture at a careers guidance session at the School of Nations earlier this week .

Rice mill tragedy places sharp focus  on safety and health delinquencies

Rice mill tragedy places sharp focus on safety and health delinquencies

Safety and Health Consultant Dale Beresford has told Stabroek Business that if reports regarding possible links between a defective storage tank at the Caricom Rice Mills Ltd (CRML) and last Friday’s death of company employee 17-year-old Threeion Gittens are sustainable then critical questions arise about “the diligence or otherwise” of both CRML and the Ministry of Labour as far as their safety and health obligations are concerned .

Public, private sector indifference to workplace safety and health

Up to the time of the writing of this editorial neither the public nor the private sector had bothered to make a public comment on the fact that there were two workplace accidents on the two preceding Fridays; the first in the bauxite industry and the second in the rice sector .

Cartoon

Cartoon

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Veteran trade unionist says producing  bauxite trumps workers’ welfare

Veteran trade unionist says producing bauxite trumps workers’ welfare

General Secretary of the Guyana Trades Union Congress (GTUC) Lincoln Lewis has told the Stabroek Business that the impression which Natural Resources and the Environment Minister Robert Persaud appears to have gleaned from the management of the Bauxite Company Guyana Inc .

Parika/Goshen road can offer Barticians business options – Chamber VP

Parika/Goshen road can offer Barticians business options – Chamber VP

Bartica may have come to be known as the gateway to Guyana’s gold-rich interior but these days, like the prevailing gold price, its fortunes are declining and no one is prepared to take a serious bet on where the decline would end .

Local IT sector gets a Lenovo ‘look-in

Local IT sector gets a Lenovo ‘look-in

Local state-run, technology-driven entities were earlier this month afforded the rare opportunity of interfacing with the internationally renowned Chinese-owned Lenovo, currently among the world’s leading personal computer manufacturers and IT innovators .

Good response to SKYE’s ‘Be Your Own Boss’ initiative

Good response to SKYE’s ‘Be Your Own Boss’ initiative

The USAID-funded Skills and Knowledge for Youth Employment (SKYE) project which seeks to develop entrepreneurial and management skills among young Guyanese through its “Be Your Own Boss” (BYOB) initiative will, on Wednesday February 18, show off the achievements of the first batch of young people who have successfully completed the programme .

Kitco Market Data Gold Prices for the three day period ending Thursday February 12, 2015

Kitco Market Data Gold Prices for the three day period ending Thursday February 12, 2015

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver .

Stock market updates

Stock market updates

GASCI (www .

Entrepreneurship adviser pushing youth integration into business culture

Entrepreneurship adviser pushing youth integration into business culture

At a time when young Guyanese seeking to gain entry into the world of business complain with monotonous regularity about closed doors, Canadian University Services Overseas (CUSO) Youth Entrepreneurship Advisor Pamela Grant hopes her five-month stay in Guyana will result in a breakdown of the “silos” that stand between young people and the business sector .

Small Business grant recipients to proceed under strict monitoring

Small Business grant recipients to proceed under strict monitoring

Small business operators who, late last month, received more than $20 million in grants under the Micro and Small Enterprise Development (MSED) Project through the Low Carbon Development Strategy Guyana Redd+ Investment Fund can anticipate stringent post-disbursement monitoring from the Small Business Bureau (SBB) to ensure compliance with the conditions under which the grants were allocated, the Bureau’s Credit Guarantee Fund Manager Gillian Griffith has told Stabroek Business .

Cargo company seeks to  deepen relations with Guyana

Cargo company seeks to deepen relations with Guyana

The demand for the movement of cargo by sea between North America and the Caribbean has, for more than a quarter of a century, been driven largely by the relationships between Caribbean people in the diaspora and their families and relatives in the island and mainland territories of the region .

Beautician resents labels in industry

Beautician resents labels in industry

– notes change in perception

This month marks a year since Jeemima Burke opened Lady J’s Beauty Salon, Cosmetology School and Enterprise at 50 Camp and Robb streets, Lacytown, opposite Republic Bank .

Inspectorate to probe GGMC  corruption allegations, Persaud says

Inspectorate to probe GGMC corruption allegations, Persaud says

- outlines raft of concessions to miners

As the Ministry of Natural Resources and the Environment and the Guyana Geology and Mines Commission (GGMC) move to staunch continually mounting claims of corrupt practices in the gold-mining sector, GGMC staff members can expect to come under closer official scrutiny with the establishment of a Special Inspectorate that will investigate allegations made against them .

First ever credit clearance report  used in local financial system

First ever credit clearance report used in local financial system

Almost eighteen months after its September 13, 2013 launch here, Credit Info Guyana Inc has recorded the first use of credit data generated by the institution as part of the process employed by a local financial institution to support its risk management mechanism and decision-making process for credit applications .

BGCI electrical accident warrants independent enquiry, Beresford says

BGCI electrical accident warrants independent enquiry, Beresford says

– warns developmental ambitions outstripping safety concerns

Occupational Safety and Health Specialist Dale Beresford has told Stabroek Business that last Friday’s electrical accident at the Bauxite Company Guyana Inc’s (BCGI) Kurubuku Mines ought to be the subject of an independent investigation and that investigation should be undertaken and the findings made public without delay .



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