Business

Namibia could be on the threshold of becoming the world’s next eye-catching oil discovery ‘hot spot’ as the country continues to ‘turn in’ several major discoveries and to promise more, a circumstance that has caused the Southern Africa territory to be dubbed the ‘new Guyana,” according to an August 23 article written by Energy Writer Felicity Bradstock (Namibia’s Oil And Gas Sector Sparks Global Investment Rush) and published by oilprice.com

The Biden administration in Washington appears determined to ensure that it does not entirely cut adrift Venezuela, the country reportedly possessing the largest volumes of oil anywhere in the world, even as it seeks to persuade the country’s President, Nicolas Maduro, that free and fair elections, when the country next goes to the polls would be in its best interests.

By Rawle Lucas Despite the robust performance of the oil and gas industry, there is an overpowering feeling of deprivation and hopelessness in the streets and homes of ordinary Guyanese. 

By no means a big player’ in the global rice industry, Guyana continues to be self-sufficient in what is one of the world’s most strategically important food commodities.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1034’s trading results showed consideration of $4,920,007 from 7,345 shares traded in 20 transactions as compared to session 1033’s trading results, which showed consideration of 6,676,363 from 19,197 shares traded in 27 transactions.

It would be altogether fair to say that this year, Caribbean Agriculture Week (CAW) which is being staged in The Bahamas from October 9th – 13th, ought to be, for obvious reasons, one of the more important regional gatherings of any kind to have been staged in recent years.

The Georgetown Chamber of Commerce and industry (GCCI) is seeking to ensure that the recent visit to India by its President, Kester Hutson, better positions it to serve the country’s private sector, particularly through the strengthening of trading links between the two countries.

Raymond and Agisha David, a Guyanese brother and sister team, have challenged themselves to ‘look in’ on Guyana from their long-established home in Suriname, to test their entrepreneurial mettle in the country’s entertainment sector.

This week the Stabroek Business’ continues its ‘look in’ on some of the better-known trading spaces that add their special offerings of ‘color to Sunday Trading.

It is by no means uncommon for slogans and undertakings linked to important landmark events in the Caribbean to count for little in terms of actualization of stated objectives.

Much is being made of a landmark decision made by voters in the South American Republic of Ecuador.

Guyanese Fashion Designer, Junette Stuart, is preparing to ‘step out’ into the glare of a bigger, more dazzling stage on one of the world’s best-known fashion capitals of the developed world, the United Kingdom.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1033’s trading results showed consideration of $6,676,363 from 19,197 shares traded in 27 transactions as compared to session 1032’s trading results, which showed consideration of $17,865,642 from 32,930 shares traded in 25 transactions.

Arguably the most worthwhile takeaway from the recent visit by the President of the Georgetown Chamber of Commerce and Industry (GCCI) President, Kester Hutson, to India to attend the August 3-4 Ninth CII India-Latin America and the Caribbean Conclave under the theme ‘Furthering Economic Partnerships for Shared & Sustained Growth’ was the profusion of ideas which the visit yielded for the shape of Guyana’s economic diplomacy, going forward.