Business

Beyond prospecting: The New Mining School will teach enhanced methods of finding and mining gold.

Mining School moving ahead with plans for mercury replacement regime

The recently established Guyana Geology and Mines Commission Mining School is seeking to raise levels of environmental sensitization across the local mining community by including environmental training as one of the core areas on its curriculum, the School’s Coordinator John Applewhite-Hercules has told Stabroek Business.

Miners at school

Mining School aiming to curb prospectors ‘hit or miss’ methods

Curbing what Prime Minister Samuel Hinds once described as “the wild west situation” that obtained in the approach to prospecting in the country’s gold-bearing regions is one of the “critical aims” of the training curriculum being delivered by the Guyana Mining School, according to a senior official of the Guyana Geology and Mines Commission (GGMC).

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 574’s trading results showed consideration of $14,233,326 from 145,375 shares traded in 9 transactions as compared to session 573’s trading results which showed consideration of $1,222,490 from 35,831 shares traded in 24 transactions.

Republic Bank Camp Street branch

Republic Bank announces compliance with US FATCA legislation

A week before the local commercial banking system is expected to become compliant with the provisions of the United States’ Foreign Account Tax Compliance Act (FATCA), Republic Bank (Guyana) Ltd has announced that it will shortly be communicating with its customers in Guyana who are expected to be affected by the provisions of the US legislation.

 Donald Ramotar

Bottlenecks, bureaucracy restricting small business growth – Ramotar

In the wake of delays being experienced in the commencement of the disbursement of loans and grants to local micro and small business under the Micro and Small Enterprise Development (MSED) project funded under the Low Carbon Development Strategy (LCDS), President Donald Ramotar has said that government’s efforts to create an enabling and supportive environment for such development are being negatively affected by “bottlenecks” and “bureaucracy” that “can become frustrating.”

Renata Chuck-A-Sang

Borrowing and resource management

 By Renata Chuck-A-Sang Cash is King! A healthy profit may look nice on your financial statements, but if receivables are draining your cash, you won’t be in business for long.

The Alpha team comprises Marva Hestick and Crane residents Claudette Nelson, Pamela Downer, Heather Thompson and Yonette Muir, all members of the Crane Wesleyan Church and businesswomen in their own respective ways.  Hestick has offered  community development courses while her colleagues are involved in various aspects of home economics, and the creative arts.

Alpha food products going for bigger market share

From sideshow events at local fairs and exhibitions, small and micro enterprise agro processing has become a popular pursuit among mostly women seeking second incomes or those determined to embrace the processing of fruit and vegetables as a means of building modest but successful businesses.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 569’s trading results showed consideration of $10,002,300 from 107,873 shares traded in 16 transactions as compared to session 568’s trading results which showed consideration of $3,782,084 from 63,773 shares traded in 10 transactions.

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