Market price as at Friday 8, 2017
Just over a week after Natural Resources Minister Raphael Trotman had ‘talked up’ gold-mining syndicates as a potential economic breakthrough for “hundreds of Guyanese men and women,” representatives of nine of the fifteen syndicates already created are demanding a meeting with President David Granger in an effort to break what they say has been a frustrating logjam relating to the distribution of land to syndicates.
The National Agricultural Research and Extension Institute (NAREI) is reporting an increasing volume of work at both the farm and laboratory levels with a view to maximizing local cassava production and better positioning the versatile root crop for increased availability as a food staple, according to the Institute’s 2016 Annual Report.
Without venturing too deeply into what is known in Guyana as the ‘nitty gritty’ of what appears to be a surge of genuine anger by gold miners comprising the so-called gold mining syndicates, it is difficult to ignore what appears to be the dramatic – and, hopefully, temporary – turnaround in the fortunes of an initiative which, just a few months ago was being hailed as one of the more forward-looking implemented by the APNU-AFC administration in its quest to turn around the economic fortunes of ordinary Guyanese.
There is, it seems, no end to the entrepreneurial opportunities that can emerge from tinkering with creative possibilities that repose in the range of fruit grown in Guyana…if you are prepared to make the effort, that is, and Diana Prowell who resides at 64 Self Help, Amelia’s Ward, Linden believes she could be on to something.
Whether the public interest that had been generated by last Friday’s Agro–Processors Street Fair facilitated by the Guyana Marketing Corporation was transformed into a marketing windfall for the vendors whose products were put on display is difficult to say though the available evidence would appear to suggest that the local agro-processing sector still has a hard road to travel if it is ever to be anything more than a miniscule player in the Guyana economy.
Principal of the 42-year-old, Brickdam-based Business School, James Bovell, has told Stabroek Business that the beginning of yet another academic year finds the institution ready to continue to offer both its customary High School curriculum as well as to focus its broader curriculum on responding to the training needs of the Guyanese society, particularly at the level of the business community.
Like so many other key service departments within the state sector the Government Analyst Food & Drugs Department (GAFDD) continues to be afflicted by a chronic scarcity of capacity and resources to effectively execute its mandate, a circumstance that has been due, in large measure, to the indifference of government to incrementally upgrading its capabilities.
The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 736’s trading results showed consideration of $42,029,590 from 338,437 shares traded in 12 transactions as compared to session 735’s trading results, which showed consideration of $2,531,520 from 19,747 shares traded in 12 transactions.
The decision by Cevon’s Waste Manage-ment to lay off dozens of its workers with effect from September 1 was taken “as a matter of last resort” and only after it became clear that there was unlikely to be any immediate-term resolution arising out of City Hall’s mammoth unpaid debt of in excess of $300 million dollars to Cevon’s and Puran Brothers, the two garbage disposal companies that had had a protracted contract with City Hall to provide the service in sections of the capital.
Against the backdrop of uncertainties associated chiefly with the prospects for the future of locally manufactured food products, the Guyana Marketing Corporation (GMC) will stage its Fourth Annual Agro Processors Street Fair at the Stabroek Market Square today.
With tropical fruits having, over time, secured a fair measure of global popularity for what is widely believed to be their health-related benefits, Damien and Nicola Da Silva may well, in the fullness of time, make their names far beyond Guyana’s shores for the value which their experiment has added to an impressive range of local fruit.
The disclosure just over two years ago that significant deposits of oil had been found offshore Guyana created some discernible changes in public behaviour that had to do with what we anticipated would be a qualitative transformation which the advent of oil would bring to Guyana.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 735’s trading
With the underdevelopment of the country’s road network having long been identified as a major obstacle to the country’s socio-economic development, the Government of Guyana has used the recently released Guyana Office for Investment (Go-Invest) publication, Guyana Invest to make key disclosures regarding the administration’s plans for critical road development works envisaged under its administration.
GASCI Summary of Financials Session 735 August 21, 2017
If you are keen to get a glimpse into the real fortunes of Tandy’s Manufacturing Company the physical presentation of their products is probably not the best indicator to go by.
(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)
It is not our opinion that City Hall, on its own, intends to enter into an arrangement that allows for an expeditious settlement of its debts to its waste disposal contractors.
Gold Prices for the three-day period ending Thursday August 24, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
The unchanging dilemma of an uncompetitive local manufacturing sector continues to be manifested in the persistence of high electricity costs coupled with a notoriously unreliable power supply system and high costs of imported raw material inputs, among other things, Former President of the Guyana Manufacturing & Services Association (GMSA) Ramsay Ali who is also Chief Executive Officer of Sterling Products Ltd.