The advent of Guyana Manganese Inc

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.

Guyana must take responsibility for loss of US catfish market – Business Minister

-says issue will be righted `within a few months’

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.

Essequibo tourism positioned for boost from Supenaam Waterfront Project

-hotels, resorts could ‘come alive’

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.

When profits trump the health of a nation…

Lessons for Guyana from effects of fake food imports into Africa

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.

UncappeD marketplace all set for Sunday

-free participation for vendors in Providence Stadium event

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.

Times of Plenty

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.

GMC initiative pushing local cereals, porridge preparations

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.

Creating a secured transactions regime

Ministry of Business Column

The   Government   of   Guyana   is   currently   working   to   develop   a Secured   Transaction    Framework (STF) to enhance the credit environment in Guyana.

Kitco Market Data

Gold Prices for the three-day period ending Thursday April 26, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

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

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 770’s trading results showed consideration of $2,440,160 from 35,892 shares traded in 10 transactions as compared to session 769’s trading results which showed consideration of $2,503,800 from 5,000 shares traded in 2 transactions.

Food strategy

Like a recurring decimal the ‘grow more food’ clarion call has, intermittently, resonated across the region as though repetition could transform the vocalizing of the wish into a self-fulfilling prophesy.

Harmony Village and the creative industries

If there are still unmistakable indications that the socio-cultural cohesion that we continually seek continues to elude us, it is not for the want of pressing street fairs and cultural events into service in the hope that these might make some kind of contribution, however modest, to that elusive goal.

GPSU says there had been agreement to move gold processing from near GGMC workers

The Ministry of Natural Resources has come under fire from the Guyana Public Service Union (GPSU) in the wake of the recent resurfacing of reports of health-related problems among employees of the Guyana Geology and Mines Commission (GGMC) linked to the use of mercury in the processing of gold in the same compound housing the GGMC.

Paddy Prices

As a service to Guyana’s rice industry the Stabroek Business has agreed to publish,weekly, beginning with this issue, prices paid to farmers supplying paddy to Mills in the various regions of Guyana 

Kitco Market Data

Gold Prices for the three day period ending Thursday April 19, 2018

Progressive developments in agriculture

After the recent stories about the modest success that has been realized in our attempt to begin to substitute the country’s potato and onion imports with higher levels of local production we are now being told by the National Agricultural Research and Extension Institute (see story in this issue) that sufficient work has been done in terms of research into farming techniques and the varieties that are best suited to local conditions to give rise to the likelihood that locally cultivated  carrots, as well, a few years down the road, will save us further amounts of foreign exchange.

Market prices

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

Cole distances self from ‘fishy’ importation of sardines, ovaltine

-entry had previously been refused

As evidence continues to emerge that the Government Analyst-Food & Drug Department (GAFDD) continues to face a ‘pushback’ against the execution of its mandate insofar as the effective enforcement of key provisions of the Food and Drugs Act is concerned, the Department’s Director, Marlan Cole is speaking out against what he appears to believe are determined efforts to undermine the integrity of the system.

Guyana, T&T Food & Drug Departments agree formula for coconut water exports

There are signs that progress is being made towards the settlement of differences between the local Government Analyst Food and Drug Department (GAFDD) and its counterpart agency in Trinidad and Tobago, the Chemistry Food and Drugs Department, that could pave the way for a resumption of the importation into the twin-island Republic of packaged coconut water from Guyana.

The Mahaica Women’s Group: We’ve got each other’s backs

It is frequently the case that some of the most impressive examples of creative female entrepreneurship unfold unobtrusively, without fuss or fanfare, leaving the energy that they invest and the rewards that they reap to speak for themselves.

Garlic, potatoes, onions among major food imports last year

-plant protection agency keeping an eye out for pests and diseases

Between January and September last year the National Plant Protection Organization (NPPO) issued a total of  370 permits for the importation of food crops and vegetation into Guyana.

Kitco Market Data

Gold Prices for the three day period ending Thursday April 12, 2018  

Paddy prices

As a service to Guyana’s rice industry the Stabroek Business has agreed to publish, weekly, beginning with this issue, prices paid to farmers supplying paddy to Mills in the various regions of Guyana

Market prices

(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.

The 20% state contracts allocation for small businesses

This newspaper’s most recent updates on the provisions contained in the Small Business Act for the allocation of twenty per cent of state contracts to local small businesses provided by Minister of Business Dominic Gaskin and Chief Executive Officer of the Small Business Bureau Dr.

CREDITINFO credit reports have sped up loans process – Semple-Joseph

-mulling expansion of service

Chief Executive Officer (CEO) of CREDITINFO Guyana, Judy Semple-Joseph  has told Stabroek Business that the ability of the Credit Bureau to provide local business institutions with critical and reliable data on their potential customers has been a critical factor in persuading banks and other key commercial institutions to ‘sign on’ to the services which it provides.

Indar lauds Chamber role in removal of VAT on education

President of the Georgetown Chamber of Commerce and Industry (GCCI), Deodat Indar on Wednesday used his address to the organization’s Annual General Meeting to set out the various ways in which he said the Chamber had been successful in exerting “significant influence” on public policy over the past year.

Don Hutson: A mechanic on the rise

Small Business Profile

A continually increasing level of car imports into Guyana coupled with an as yet unfinished buildout of roads across coastal Guyana is opening up increasing opportunities for skilled mechanics willing to take on the challenging task of keeping vehicles on the roads and Don Hutson, who operates “Don’s Auto Repair” at 46 Friendship, East Coast Demerara is seeking to raise the bar higher in terms of reliability and professionalism in the service and repair sector.

Simply Sweet…at the 2018 Wedding Expo

Simply Sweet is one of numerous emerging micro enterprises in the capital that is seeking to take advantage of the gradual growth in the cakes and pastries business to make a mark.

Kildonan farmer aiming to cut onion import bill

With the various recent trials having declared onions a ‘sure thing’ as far as successful cultivation in Guyana is concerned, greater numbers of farmers are beginning to pay an interest in the cultivation of a crop that has been, for decades, close to the top of the country’s list of agricultural imports.

Nokta sounds optimistic note on government, GMSA relations

Despite major roadblocks…

Against the backdrop of what continues to be a less than convivial relationship between central government and the private sector, President of the manufacturers association Shyam Nokta used his Wednesday March 28th address to its Annual General Meeting to signal that concerns over lingering and serious impediments to the growth of the manufacturing sector notwithstanding, the GMSA was prepared to work with government to create an environment in which manufacturing can improve its contribution to both job-creation and exports.

Market prices

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

Kitco Market Data

Gold Prices for the three-day period ending Thursday April 5, 2018

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 767’s trading results showed consideration of $11,256,320 from 64,735 shares traded in 10 transactions as compared to session 766’s trading results which showed consideration of $3,244,000 from 4,838 shares traded in 9 transactions.

The time may be right for public/private sector ‘summit’

In the space of a week, two of the country’s more Important Business Support Organizations (BSO’s) the Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) held their Annual General Meetings, the forum at which, among other things, opportunity is provided, through the presentations of the respective Presidents, to get a sense of where the business community is headed and perhaps more importantly in our circumstances to learn more from the standpoint of the respective umbrella organizations about the challenges confronting them in the course of their private sector advocacy effort.