With an eye to consolidating the role of the Guyana Manufacturing & Services Association (GMSA) ahead of the anticipated inflow of overseas investments expected to accompany the extraction of Guyana’s oil and the economic opportunities expected to derive therefrom, its President Shyam Nokta, on December 2nd used the platform afforded him by its Annual Awards Presentation Ceremony, to outline its focus in pursuit of an enhanced strategic role in influencing the direction of the manufacturing sector as well as key areas of the small business sector.
With the officially imposed strictures and attendant protocols associated with efforts to limit the impact of the COVID-19 pandemic continuing to take its toll on the fortunes of the business community, La Shawn Lonetta Lucas, the Proprietrix of the popular William street Campbelville King Fish Bar is counting her blessings.
By Brooke Glasford
The goal of this #MadeinGuyana Christmas list is to enhance both awareness and sales of products created by Guyanese – products that can stand tall on display shelves and which are eminently worthy of your patronage.
With Christmas Day now exactly a week away, Debbie Houston is still hoping that a surge of late orders over the extended Christmas season can turn her fortunes around, even if in a modest way.
It would appear that Guyana is not the only CARICOM country where the costs associated with repairing police vehicles damaged and disabled on account of accidents – many of which result from reckless driving or mechanical defects due to drivers’ road-handling skills – continue to impose a considerable strain on the public purse.
Every year, we get these routinised seasonal pronouncements from the Fire Chief that target both private homes and the commercial sector, cautioning against the customary Christmas time indulgences like the additional consumption of power against the backdrop of what has been, for years a decidedly unreliable electricity supply regime,(and a failure over the terms of office of several political administrations) to fix the faults that obtain at a perpetually-in-crisis Guyana Power and Light Company (GPL).
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 893’s trading results showed consideration of $58,269,672 from 662,937 shares traded in 26 transactions as compared to session 892’s trading results which showed consideration of $10,422,708 from 119,435 shares traded in 29 transactions.
Business communities across CARICOM are likely to be waiting with bated breath to determine whether last month’s establishment of a new CARICOM Manufacturers Association (CMA) will serve as an eventual precursor to the building of sturdier bridges among member countries of the regional movement in the areas of manufacturing and trade.
The feedback that has been received arising out of the December 2 webinar hosted by the Small Business Bureau suggests that despite the persistent media attention being focussed on the circumstances of small businesses, government continues to ‘miss the bus’ insofar as their growth requirements are concerned.
These days, the shelves filling the space at the corner of Robb & Camp streets that houses the Guyana Shop, administered by the Guyana Marketing Corporation (GMC), have taken on a less appealing image than had been the case up to a few months ago.
They are being referred to as ‘zombie tankers’, Chinese-recruited vessels that reportedly conduct surreptitious transactions with Beijing that ‘cock a snook’ at the sanctions imposed by America’s on-the-way-out President Donald Trump to ship oil to China and provide a welcome measure of financial relief for a beleaguered Venezuelan economy.
Caribbean Development Bank (CDB) President Dr Warren Smith on Monday used the forum afforded him on the opening day of the inaugural two-day Caribbean Conference on Corruption, Compliance and Cybercrime to target “those who seek to circumvent systems and processes,” asserting that it was critical that institutions like the Caribbean Development Bank (CDB) employ diverse strategies to stay ahead of those who seek to “circumvent systems and processes”.
“The goal is to recruit, engage and enrich the academic experiences of children who show talent and extreme interest in technology,” said STEMGuyana co-founder, Karen Abrams.
