Business

By Joycelyn Williams  Joycelyn Williams is a Lecturer at the University of Guyana and a Programme Management Consultant.

Against the backdrop of increasing interest in the implications of the advent of the country’s first ever Credit Bureau as regards relationships between credit seekers and lending agencies, Creditinfo Guyana’s Chief Executive Officer Judy Semple-Joseph said that a team of high-level and internationally experienced experts are due in Guyana shortly to conduct a two-day workshop at the Cara Lodge Hotel.

Issues pertaining to the state of the country’s rice sector and particularly the export sector have arisen in the media over the past few weeks.

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After the winners of the 2014 Roraima Airways Wedding Expo ‘Race to the Altar’ were announced on the evening of Friday March 7, the lucky couple could not conceal their elation.

Even as much of the rest of the local hotel and hospitality industry worries about less than encouraging levels of visitor arrivals, Clifton Bacchus, proprietor of the Sleepin International Hotel on Brickdam says that his 60-room facility customarily enjoys a 95 per cent occupancy rate.

Public and private sector water and waste water operators in Guyana are to receive training sessions in water treatment and basic sanitation through a programme mandated by the Food and Drugs Division of the Ministry of Health.

The annual Attitudinal Survey which the Georgetown Chamber of Commerce has undertaken for three consecutive years has its limitations, one of which is that it proffers the opinions of considerably less than a majority of the business houses in Georgetown and its environs.

By Joycelyn Williams   There is not an adequate amount of national conversation on the need for manufacturing and industrial production in Guyana to accelerate.

The Georgetown Chamber of Commerce and Industry (GCCI) is disappointed over “the lack of response” to the decision made by the Chamber last year to open its doors to members from the small business community.

Addressing the 25th Inter-Sessional Meeting of Caricom in  Grenada on Monday St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves listed trade and economic integration, agriculture, tourism, air transport and financial services as areas of accomplishment though he added, “there is a great deal left to be done to realise the full fruition of the Revised Treaty of Chaguaramas.”

A collaborative farming-based poverty reduction project financed by the Inter-American Development Bank and the Japanese Government through the Japanese Trust Fund was formally launched here on Wednesday, eight months after being implemented in poor coastal farming communities in urban and coastal regions of the country.

The Georgetown Chamber of Commerce and Industry (GCCI) wants the international donor community to provide material and technical support for creation of a small business help desk within the Chamber to help provide various critical services to the small business community.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 554’s trading results showed consideration of $10,235,630 from 477,732 shares traded in 8 transactions as compared to session 553’s trading results which showed consideration of $4,753,900 from 43,681 shares traded in 6 transactions.

It may not have been a ground-breaking event in the context of providing training for micro and small business owners, but this week’s three-day training session for business owners and potential business owners marks the partial fulfillment of a commitment made by the Small Business Bureau to those entities seeking to sign up to benefit from what the Bureau has to offer.

Evidence of collusion between some Guyana Power and Light Company (GPL) contractors and consumers to evade disconnection for non-payment of electricity bills and to secure electricity services illegally had led to termination of employment agreements with a number of contractors, a well-placed GPL source told Stabroek Business on Tuesday.

Evidence of the emergence of an increasing number of micro and small business initiatives in recent years has raised questions about the longer-term future of the small business sector as a whole.

Guyana’s manufacturing sector remains restricted to “primary processing of agricultural, mineral and forest products” on account of meagre local demand, high energy and transportation costs and inadequate, unaffordable and non-incentivised financing, Guyana Manufac-   turing & Services Association (GMSA) President Clinton Williams told the Association’s Annual Dinner & Awards Ceremony last evening.