Business

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.

Our ongoing editorial focus on small businesses in agriculture, agro processing and on hinterland business ventures (gold being the notable exception here) is that we believe that setting aside its other pursuits the media have a responsibility to stand behind these enterprises at a time when the repercussions of COVID-19 threaten their survival and by extension, the welfare of the owners and their dependents.

Gold Prices for the three day period ending Thursday August 6, 2020

The current trials of the fifteen year-old Hosororo Hill, Region One, Blue Flame Women’s Group is a typical example of the plight of many of the centres of economic activity in Guyana’s interior communities where a passion for entrepreneurship continues to be undermined by logistical blockages and official sloth in creating conditions more convivial to their growth.

For local small and micro businesses, simply surviving the ravages of the current rampaging COVID-19 will be a considerable achievement.

What is still touted as one of the fastest growth industries anywhere in the business world has been unable to hide from the ravages of the coronavirus according to authoritative sector sources.

Assessments of the longer term impact of COVID-19 on the way we live and a likely time frame for a return to some semblance of normalcy in several key service areas are likely to have to be revisited even as the pandemic continues to show no sign of slipping into retreat mode.

It is only over the past decade or so that the popularity of cupcakes has really gone through the proverbial roof here in Guyana.

Gold Prices for the three day period ending July 30th , 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 873’s trading results showed consideration of $6,079,395 from 61,435 shares traded in 15 transactions as compared to session 872’s trading results which showed consideration of $8,626,930 from 89,920 shares traded in 14 transactions.

Two weeks ago the Stabroek Business commenced publishing promotional features on various small and micro business across the country in an effort to raise their profiles at a time of challenge associated with the onset of the Coronavirus.

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.

Our decision to lend an even higher level of editorial attention than we customarily do to micro and small businesses in the agriculture and agro-processing sectors has to do with the predicament that many businesses of these types find themselves in on account of the strictures that have arisen out of the COVID-19 pandemic.

At 25, Minerva Collins already has five hands-on years of farming under her belt.

At 69, imminent retirement does not appear to be on Shameer Khan’s immediate-term agenda.

At a time when a heightened level of threat to human health resulting from the global ravages of the coronavirus pandemic is intensifying the call of the food nutrition lobby for increased fruit consumption, it is comforting to note that of the ten healthiest fruits on the planet, six of them are commonly grown in Guyana and are not only plentiful and affordable but are also grown in family orchards across the country.

The near five-month-old political impasse over the outcome of Guyana’s March 2 general elections has, not unexpectedly, attracted comment in the international oil & gas media with a recent report asserting that the failure, up until now, to see the declaration of the winner of the poll is not unrelated to who controls the country’s fortune-transforming oil wealth in the immediate future.

What has been described as “the perfect storm of urgent need, supply shortages and overwhelmed health systems and governments” resulting from the ravages of the coronavirus has created what the Washington-based social enterprise and media platform Devex has described in a recent feature as a “wealth of opportunities for corruption.”