Business

Public Relations Officer of the recently established Guyana Fashion Council (GFC) Andrea Braithwaite is optimistic about what the new organisation can do for the sector in Guyana.

The Guyana Gold and Diamond Miners Association (GGDMA) believes that in the matter of the approximately US$20 million which the country will probably not be able to collect under its forest protection agreement with Norway on account of increased levels of deforestation, the mining sector may have a virtually clear conscience.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 536’s trading results showed consideration of $13,360,923 from 322,086 shares traded in 14 transactions as compared to session 535 which showed consideration of $3,388,135 from 8,673 shares traded in 3 transactions. 

Ongoing initiatives to boost local honey production by promoting the development of more urban hives continue to manifest themselves in an increasing number of honey shows across in Georgetown and its environs President of the Guyana Apiculture Society (GAS) Linden Stewart told Stabroek Business on Monday that GAS Honey Day, which is being staged from 10:00 hrs today outside the Guyana Marketing Corporation (GMC) is designed to create a greater awareness of the role bees play in economies beyond their widely-known production of honey.

More than forty years after Pandit Bhola Ojah pioneered a family business selling cooking spices from door to door in villages on the West Coast Deme-rara, his grandson, Ram Prashad, is keeping the tradition alive.

In my home city of Halifax, in Canada, there is only one market: Farmers’ Market.

At a time when small businesses in the region and further afield are reportedly experiencing “considerable difficulties” in securing financing “for initiatives associated with growth and expansion,” the recently launched Micro and Small Enterprise Development (MSED) project under the Small Business Bureau (SBB) reflects government’s focus on better positioning the sector to play a meaningful role in the country’s economy, SBB Chief Executive Officer Derrick Cummings has told the Stabroek Business.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 535’s trading results showed consideration of $3,388,135 from 8,673 shares traded in 3 transactions as compared to session 534 which showed consideration of $664,454 from 34,269 shares traded in 8 transactions. 

A decade or more of national preoccupation with fitness and health has witnessed the emergence of business enterprises that offer a range of goods and services linked to what is commonly described as the health and wellness industry.

Roger John hopes to be one of the first persons to benefit from a commercial bank loan secured by the Small Business Bureau under the first phase of the US$10 million Micro and Small Enterprise Develop-ment (MSED) project.

Guyana has embarked on a process to ease the importation and use of mercury as an endorsement of the Minamata Convention on Mercury, the United Nations Environment Programme (UNEP) on October 10, 2013.

After many weeks of silence on the land-for-farming deal between Guyana and Trinidad and Tobago, crystallized in a Memorandum of Understanding earlier this year, Agriculture Minister Dr Leslie Ramsammy still appears disinclined to make the details public.

Business Cartoon

Like several other emerging local entrepreneurial pursuits, the South American Coco Company is looking to enhance its capacity to consolidate and expand through the Small Business Bureau’s recently launched Micro and Small Enterprise Development Project (MSED), which will address the single biggest handicap to the growth of the small business sector in Guyana: financing.

The Guyana Manufacturing and Services Association (GMSA) has used the occasion of its 50th anniversary to identify the need to overhaul the current operations of the Guyana Office for Investment (Go-Invest) as an important prerequisite to enhancing the interests of the country’s manufacturing sector.

Up to US$1,575.000 of the US$5 million to be disbursed on the execution of the Micro and Small Enterprise Development and Building Alternative Livelihoods For Vulnerable Groups Project will be spent on the project’s Collateral Guarantee facility which will essentially provide large numbers of small business owners and potential owners access to financing through the commercial banking sector.

As part of its 50th anniversary celebrations the Guyana Manufacturing and Services Association (GMSA) published a relatively brief but insightful assessment of the condition of the manufacturing sector which dealt in large measure with some of the critical impediments to its growth; also included were the GMSA’s views on how the challenges facing the sector can be addressed.

  The first ever Credit Bureau has now been launched to service the Guyanese credit environment, and with it, the hopes and aspirations of several stakeholders are finally realised.

Falling gold prices on the international market amount to a mixed blessing for the country’s mining sector, according to Natural Resources and Environment Minister Robert Persaud.