– business ministry working on new procedures
Piqued over what it says has been the suspension—without either notice or official notification—of the scrap metal trade by the APNU+AFC administration since June last year, the Guyana Metal Recyclers Association (GMRA) the official umbrella body for local exporters has told the Stabroek Business that the protracted inability of businesses to ply their trade is wreaking havoc with the industry and denying legitimate businessmen the right to earn a living.
Gavin August may well be unique in the extent of his financial investment in Kwakwani: an estimated $50 million to create a 12-room hotel, which he hopes will pay him back down the road, when the fortunes of the community change.
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.
By A Cecile Watson
A Cecile Watson is the founder of pitchandchoose.com. She is a former senior regional banker, an international speaker, a certified financial education instructor and the Women’s Entrepreneurship Day Ambassador Regional Leader for the Caribbean.
- study cites low trust in banking system, financial illiteracy
A new study released earlier this month by the Inter-American Development Bank (IDB) has put countries in Latin America and the Caribbean on notice that they are confronted with a savings crisis that might do damage to their economies in the years ahead.
(Prepared by the Guyana Marketing Corporation and
published by Stabroek Business as a public service)*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.
The Guyana Public Service Union (GPSU) is treating the current public service wages and salaries negotiations with the Government of Guyana as “the start of a process aimed at bettering the lot of public servants in a manner that goes way beyond the monetary benefits which we expect will derive from the process,” its President Patrick Yarde has said.
– wants awards of state contracts tied to track records
There is evidence of both professional lawlessness and official indifference in matters of safety and health in the construction sector and both the government and the “community of contractors” have a responsibility to move to protect both the lives of workers and the reputation of the industry, Secretary of the General Contractors Association of Guyana (GCAG) Neil Cort-Rogers has said.
In the wake of the disclosure earlier this week that quantities of monosodium glutamate with the counterfeit brand ‘Ajinomoto’ had appeared on the local market, the Government Analyst Food and Drugs Department (GA-FDD) has told this newspaper that the inherent operational weaknesses of the department pose an ever present risk that counterfeited/fake foods could have easy passage into the country.
By A Cecile Watson
A Cecile Watson is the founder of pitchandchoose. com, the crowdfunding platform for the Caribbean. She is also the Principal at Gr8Way Consulting and the Women’s Entrepreneurship Day Ambassador and Regional Leader for the Caribbean.