Business

Gold Prices for the three-day period ending Thursday December 22, 2016

Whatever the relations between Guyana and Venezuela, residents of border communities remain unrestrained in their conduct of a brisk trade in whatever goods and services they can offer each other.

General Secretary of the Guyana Bauxite and General Workers’ Union (GB&GWU) Lincoln Lewis says that his meeting last week with two visiting officials from United Company RUSAL, which has an 80 per cent stake in the operations of the Bauxite Company of Guyana Inc (BCGI) was a “hopeful sign” that the protracted tempestuous relationship between the company’s workers and the Russian management may have entered an environment where a better rapport may be possible.

The name Chan-A-Sue is commonplace at Mabaruma. Inquiries as to how to get a sense of what the community was all about led to 72-year-old Godfrey Chan-A-Sue.

Entrepreneur Managing Director, GeoTechVision Chairperson Small Business Council Entrepreneurs start businesses for a variety of different reasons including being their own boss, having a flexible work schedule, having control over the work they choose, making important decisions regarding their business, the earnings, the ability to design their lifestyle, and so on.

The sky is falling! The sky is falling! But there is no need to run if the nature of the problem is understood and proven solutions applied.

Against the backdrop of controversies and litigation linked to importation of commercial quantities of mostly foods that fail to meet the country’s food and drugs regulations, Acting Director of the Government Analyst Food and Drugs Department (GA/FDD) Marlan Cole says the situation warrants the stepping up of initiatives to stamp out the attempts to import items that might do untold damage to the health of the nation.

By John M Seeram Financial/Audit Consultant Since the presentation of proposed 2017 Budget, there have been both positive and negative statements being expressed.

                  GASCI (www.gasci.com/telephone

Not a great deal has been said about the brief and relatively quiet visit to Guyana late last week by two Russian functionaries of the global aluminium giant RUSAL It has to be assumed, however, that their visit here had to do with an attempt to bring an end to the crisis that had more or less been festering inside the majority RUSAL-owned Bauxite Company of Guyana Inc (BCGI) for years.

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

Large and multinational companies operating in Guyana are to be engaged by government with a view to determining whether local suppliers can provide them with some categories of goods currently being imported from overseas.

Natural Resources Minister Raphael Trotman a week ago used the forum of the Georgetown Chamber of Commerce and Industry Annual Gala Dinner to tag what he described as “activities of grave disrepute” in the mining sector and to place stakeholders on notice that, going forward, the administration will be taking aim at the slew of irregularities that have persisted in the sector, albeit against a backdrop of official failure, over the years.

In last Friday’s issue the Stabroek Business published a lead story regarding some of the details of the training regime being provided by the Small Business Bureau (SBB) under the Micro and Small Enterprise Development (MSED) project launched by then president Donald Ramotar in October 2013.

The December 7 Trinidad Guardian has reported that Trinidad and Tobago has been invited to participate in a discussion, along with 14 other countries, being convened by the Organization of Petroleum Exporting Countries (OPEC) on the subject of cutting back on oil production.

Automation, Part IV By Louis Holder This is the fourth of a seven-part series on changes to labor employment in the future, causes of this upheaval, and some possible measures to mitigate their disruptive effects.

Stabroek Business has learnt that the Ministry of Business may now be contemplating a new date, before the end of December, for the restart of scrap metal exports but that the measures will remain temporary since the creation of a structure for the permanent restart of the trade remains incomplete.