The announcement last week that the Guyana Revenue Authority (GRA) had intercepted a boat containing cargo (foreign chicken and mosquito coils) seemingly intended for illegal placement on the local market, makes two points; first that the GRA, through its enforcement mechanisms, now appears more determined to thwart customs evasion by smugglers and to improve on the collection of such revenues as accrue to the state.
Last Sunday’s UncappeD Marketplace event marked another potentially key phase in the protracted search for a place of prominence in the country’s economic ‘sun’ for the agro processing sector.
The role of a Director in governance is very important as organisations are led from the top.
Yonette McPherson typifies the dogged determination of the thousands of Guyanese comprising the agro-processing community, whose pursuits are shaped, mostly, by a necessity to make a living that is both honest and adequate.
By Paul Randall I was leaving Guyana a few days ago, when I read a copy of the Guybiz Inc.
It was Guyana’s abundant supply of a range of tropical fruit and their value-added potential that largely influenced the decision by vintner, Warren Douglas to part company with the United States and return home.
At least thrice monthly, the local company, Biso Investments exports shipments of fresh fruit and vegetables, including pineapple, watermelon, ground provision, and pumpkin to Barbados under an arrangement with two supermarkets on the CARICOM island.
Guyana is by no means the only Caribbean Community (CARICOM) country that is gearing itself to cash in on the current high global demand for coconuts.
Stock market updates
(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.
With high unemployment – particularly in the non-coastal areas of Guyana being one of the national challenges which we have been unable to sufficiently roll back, news of the planned commencement of operations of Guyana Manganese In.
Minister of Business Dominic Gaskin has conceded that Guyana must take full responsibility for the circumstances that led the country’s loss of its multi-million-dollar United States catfish market but says that government will work towards satisfying the conditionalities necessary for that market to be regained.
Prospects for transforming Essequibo into a key tourist hub are likely to be significantly enhanced with the completion of the $89 million Supenaam Waterfront Development Project, the centerpiece of which is expected to be the remake of the existing stelling facility to house a range of modern conveniences.
Even as Guyana persists in what, over the years, has been a far from successful effort to stave off the proliferation of fake food imports resulting from illegal relabelling and transactions involving the lucrative importation of ‘cut price’ fake foods, mostly from parts of Asia, reports from Africa, particularly, suggest that others, as well, are paying a high price for their failure to fend off illegal fake food imports.
When Stabroek Business met with Sarran Lallbachan at his Charity office on Saturday he was ‘sitting in’ for his father, Kumar who he told us is currently out of Guyana.
Having seemingly set its sights firmly on creating an enhanced level of local market acceptance for the local manufacturing sector, the Guyana Manufacturing & Services Association (GMSA) was this week finalizing arrangements for the staging of UncappeD 11, the second of what is envisaged as a series of marketing initiatives aimed at popularizing locally manufactured products.
No matter how diligently we searched during our photographer’s visit to the Stabroek Market last week, we could find no evidence of any vegetable on sale at a unit price of above $100.00.
With the country’s major food outlets now – perhaps more than ever before – swamped with an overabundance of regional and extra-regional cereals and porridge preparations, the Ministry of Agriculture says that the Guyana Marketing Corporation’s Robb and Alexander streets Guyana Shop is being pressed into service in an effort to accelerate the popularization of similar local foods.
The Government of Guyana is currently working to develop a Secured Transaction Framework (STF) to enhance the credit environment in Guyana.