Whilst formal academic training in business-related disciplines now occupies a prominent place on the curricula of local schools and tertiary institutions and increasingly as part of in-service training at several local entities, the view has long been expressed in business circles that efforts to enhance the entrepreneurial culture in Guyana must be driven much more by initiatives that provide hands-on instructional training designed to transform modest and seemingly thriving business ventures into highly successful enterprises.
The immediate-term expansion plans of the local travel and interior tours entity North West Group of Companies is but one of a number of illustrations of the positive spin-offs of the country’s gold-mining sector.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 612’s trading results showed consideration of $22,862,033 from 278,142 shares traded in 17 transactions as compared to session 611’s trading results, which showed consideration of $21,019,063 from 726,555 shares traded in 23 transactions.
Protracted legal battles being waged by local importers and distributors to retain the good reputation of the authentic products they deal in by confronting the issues of counterfeit imports and product dumping frontally, tackling the long-standing issue of the dredging of the Demerara Navigational Channel and creating increased marketing opportunities for locally produced goods in foreign markets are among the areas in which the Guyana Manufacturing and Services Association (GMSA) realized little if any success despite its lobbying efforts last year.
Officials of Marble Slab Creamery, a chain of independently owned North American franchised stores that specialize in serving ice cream and other desserts are currently in Guyana winding up discussions with United Investments that are likely to result in the launch of a local franchise at its America Street outlet “possibly within a matter of weeks,” Marketing Manager Michael Alleyne has said.
Whether President of the Guyana Manufacturing & Services Association (GMSA) Clinton Williams would have made much headway during his presentation at last Friday’s Annual General Meeting in his quest to persuade his audience that the umbrella body had made meaningful strides in overseeing the development of the manufacturing sector under his watch is not something that can be determined from a distance.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 611’s trading results showed consideration of $21,019,063 from 726,555 shares traded in 23 transactions as compared to session 610’s trading results, which showed consideration of $3,572,360 from 86,127 shares traded in 16 transactions.
Traceyann Massay is another of an increasing number of young people who are surrendering routine nine-to-five jobs to embrace the more challenging excursion into self-employment.
On a local social landscape packed with an unending stream of meetings, conferences and celebratory events of one sort or another there is an increasing amount of room for entrepreneurial opportunities in the service sector.
Corentyne businessman and President of the Upper Corentyne Chamber of Commerce Abraham Subnauth has told Stabroek Business that the strengthening of trade ties between Guyana and Suriname could serve as a catalyst for the creation of a genuine single market in the Caribbean Community (CARICOM).
On Monday when Stabroek Business visited the area of the Stabroek Market Wharf where a section of the roof had collapsed more than a week earlier, flattening a few stalls in the process, other vendors were still trading in the shadow of the havoc, seemingly indifferent to the danger of the rotting roof raining down on them.
By Valrie Grant Managing Director GeoTechVision
Whether you are operating a small business, a large regional enterprise, a government department or a utility company you certainly will need information and in most cases information that has location attributes – that is, ‘where?’
More than a week into April – Occupational Safety and Health Month – little if anything has been heard from either the government or the private sector about plans to commemorate what, in Guyana’s particular circumstances is an occasion of considerable significance if only because of our own less than stellar record on the issue of workplace safety and health.
(Prepared by the Guyana Marketing Corporation and
published by Stabroek Business as a public service)
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.
