Business

The sense of disappointment, even frustration over the slow pace at which the hoped-for creation of a strong regional agribusiness sector is proceeding was evident in the presentations at last week’s regional agribusiness forum by Caricom Secretary General Edwin Carrington, Agriculture Minister Robert Persaud and, at the end of the two-day forum, by President Bharrat Jagdeo.

By Rawle Lucas (Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice President of the Lending Services Division.

Stabroek Business has agreed to publish a series of articles prepared by the Guyana Manufacturers and Services Association (GMSA) on issues of interest to the manufacturing sector and to the business community as a whole.

President Jagdeo calls for less talk and more action Caricom SG urges greater Secretariat role In the face of growing impatience on the part of  President Bharrat Jagdeo over the slow pace of progress towards the creation of a viable regional agribusiness sector, Caribbean Community Secretary General Dr Edwin Carrington is advocating a more central role for the Georgetown-based Caricom Secretariat in hastening the pace towards the realization of the regional objective.

Some Caricom states deliberately restricting free flow of trade – GMSA President The promulgation of a Caricom Single Market more than two years ago has done little so far to accelerate fair and equitable access to regional markets by member countries of the Community, according to President of the Guyana Manufacturing and Services Association (GMSA) Ramesh Dookhoo.

Third quarter deadline for new electricity plant `unacceptable’ – GMSA President The protracted periods of power outage that have gripped parts of the country over the past few weeks have evoked angry responses from sections of the Georgetown business community backed by calls from the Heads of the Georgetown Chamber of Commerce and Industry and the Guyana Manufacturing and Services Association (GMSA) for the Guyana Power and Light Company (GPL) to seek to bring forward its announced time frame for ending the power supply woes.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 306’s trading results showed consideration of $249,400 from 18,450 shares traded in 7 transactions as compared to session 305 which showed consideration of $822,195 from 4,567 shares traded in 6 transactions. 

(Prepared by the Guyana Marketing Corporation and published by Stabroek News Business as a public service.)

Dear Editor, After creating fear and panic in schools in Dakar and at Thiès, the jinniya called Maimouna made a theatrical appearance at Kaolack in Senegal last week.

All bandwidth needs will be taken care of Possible Brazil link under discussion As the Guyana Telephone and Telegraph Company (GT&T) continues to work towards its deadline of the second quarter of 2010 for the operationalizing of a new multi-million dollar fibre optic cable to service the country’s telecommunications sector, the company’s Chief Executive Officer Major General (ret’d) Joe Singh has told Stabroek Business that the completion of the project will place the country’s Information and Communications Technology (ICT)  sector on the threshold of a significant breakthrough.

Guyana Youth Business Trust to provide loans, mentors for ‘graduates’ Twenty prospective young Guyanese entrepreneurs will, on June 1, commence a nine-week Inter-American Development Bank (IDB)-funded training programme aimed at equipping them with skills necessary to start and sustain  viable business enterprises.

Market vending  comprises a significant part  of the small business sector. 

Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice President of the Lending Services Division.

-Woolford The Guyana Geology and Mines Commission (GGMC) says it is encouraged by the response that it is receiving from the mining community as a whole to efforts to improve the quality of environmental management in the mining sector.

`Permanent make-up’ course on offer The launch today of the new Divine School of Infinite Beauty at Craig on the East Bank of Demerara will provide aspirants to careers in Guyana’s fast-growing beauty sector with an opportunity to acquire skills in some of the most advanced fashion and beauty application techniques available.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 305’s trading results showed consideration of $822,195 from 4,567 shares traded in 6 transactions as compared to session 304 which showed consideration of $7,455,930 from 645,821 shares traded in 10 transactions. 

(Prepared by the Guyana Marketing Corporation and published by Stabroek News Business as a public service.)

Says Brassington’s disclosure could have been handled differently The announcement by the Government of Guyana that it is offering Atlantic Tele-Network (ATN) first refusal on a buyout of its 20 per cent shares in the Guyana Telephone and Telegraph Company (GT&T) is likely to be on the agenda of the local telecommunications company’s majority shareholder at its next meeting, according to the company’s Chief Executive Officer Major General (ret’d) Joe Singh.