Business

GMSA President Shyam Nokta
GMSA President Shyam Nokta

GMSA, IDB spearhead historic webinar on tackling COVID-19 agriculture challenges

Looking beyond the formidable challenges posed by the advent of the still rampaging COVID-19, the Guyana Manufacturing & Services Association (GMSA) on Wednes-day joined forces with the office of the Inter-American Develop-ment Bank, the Ministry of Agriculture and various non-state and private sector individuals to stage a historic webinar designed to examine opportunities for ensuring that the country’s agriculture sector loses none of its robustness in the post-COVID environment.

Fraud fright: IMF wants strict controls on countries’ COVID-19 spending

With reports of spending by some countries on materiel linked to their responses to the COVID-19 pandemic already tainted by irregularities, including major fraud, the International Monetary Fund (IMF) is seeking the implementation of measures by countries to offset what it describes as risks of diluted accountability and weakened fiscal control in the context of the pandemic.

Kitco Market Data

Gold Prices for the three day period ending Thursday September 24, 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Webinar on Guyana’s agriculture, agro processing sectors set for Wednesday

What seems set to be the most significant virtual communication forum undertaken by any local state or non–state agency up to this time, against the backdrop of the strictures to face-to-face communication imposed by the still rampaging coronavirus, will take place on Wednesday September 23rd to enable an incisive probe into issues relating to the post-Covid-19 fortunes of Guyana’s vital agriculture and agro-processing sectors.

Watch out for corruption in post-COVID-19 spending

With public infrastructure investment set to play a key role in post-COVID-19 recovery in developing countries, governments will be challenged to protect public funds from the scourge of corruption and to otherwise make informed decisions with regard to the allocation of funding of projects, says the International Monetary Fund (IMF).

Politicians and mining madness in hinterland

The news earlier this week that a Brazilian miner was fined $12 million for allegedly committing several environmental transgressions in pursuit of his mining activities, including destroying a section of the Cuyuni River bank, would by now have gotten left behind amidst the various other issues that compete for public attention at this time.

Stock market updates

Stock market updates GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 880’s trading results showed consideration of $4,294,871 from 42,938 shares traded in 16 transactions as compared to session 879’s trading results which showed consideration of $8,967,093 from 97,893 shares traded in 18 transactions.

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