Daily Archive: Friday, November 4, 2022

Articles published on Friday, November 4, 2022

Hair Flair

Banana Braids! Women, their hair and the environment

The insatiable global appetite among women for looking good has, over time, served to create a multi-billion dollar ‘good looks’ industry which from a business perspective, has created lucrative entrepreneurial opportunities ranging from what, these days, are multi-million beauty sector enterprises to relatively modest but nonetheless thriving ‘beauty shops’ that have become expert at enhancing women’s sense of self, mostly by ‘doing things’ with their hair.

‘Only Coconuts’ do Guyana proud at Paris product display event

The noteworthy strides which Guyana’s agro processing sector continues to make, largely through the diligence and creativity of a clutch of mostly micro and small businesses – and which can benefit incrementally from a more generous measure of state support – was again manifested recently with the disclosure that the local Only Coconuts brand of agro produce was named among other brands from the Caribbean that ‘turned heads’ at the October 15-19 SIAL Paris 2022 Product Display event at Paris Nord Villepinte in France.

Hillary Clinton

Local chapter of regional women’s entrepreneurial network to be resuscitated

Stabroek Business has learnt that the currently dormant local Chapter of the Women’s Entrepreneurial Network of the Caribbean (WENC) will shortly be seeking to reinvent itself with a view to helping to provide leadership to the continually growing entrepreneurial community as it seeks to broaden the base of the range of opportunities available for the creation and growth of women-led businesses.

Will Biden lift sanctions on Venezuelan oil?

By Matthew Smith   ●             Venezuela’s vast oil reserves are                 estimated to exceed 300 billion                 barrels   ●             While there is considerable                 opposition to Biden removing                 sanctions on Venezuela, recent                 developments point to a recali-                 bration being urgently required   ●             Any attempts by the Biden                 administration to reconsider                 sanctions to allow foreign energy                 companies to drill in Venezuela                 may not garner the outcomes                 desired The severe energy crisis which emerged after Russian President Vladimir Putin’s decision to invade Ukraine is causing energy prices to soar.

 Bharrat Jagdeo

Gov’t upping oil royalty rate to 10% for new deals – Jagdeo

As it announced that the auctioning of some 14 offshore blocks will not take place until next year, government yesterday disclosed that the new model oil and gas Production Sharing Agreement (PSA) will see big changes such as the upping of royalty from 2% to 10%, corporation tax of 10% and a  limiting of the amount of blocks for companies.

Dr Bertrand Ramcharan

The phenomenon of fake and fraudulent leaders

By Dr Bertrand Ramcharan Previously Professor at the Geneva Graduate Institute and Chancellor of the University of Guyana Moises Naim, acclaimed author and public intellectual, has just published a well-received and dramatic book on the new politics of our time, The Revenge of Power (2022).

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 991’s trading results showed consideration of $16,945,862 from 35,608 shares traded in 19 transactions as compared to session 990’s trading results, which showed consideration of $39,156,891 from 134,057 shares traded in 27 transactions.

SOCU

SOCU was set up in 2013 as a specialised unit within the Guyana Police Force to investigate allegations and reports in respect of money laundering and terrorism.