Business

Top Brandz Distributors, the sole importer of the popular energy drink Ragaman has moved to scotch rumours that the product suppresses virility in men which the company says originated with competitors who market other energy drinks locally.

Chief Executive Officer of the Guyana Telephone and Telegraph Company (GT&T) Major General (retd) Joe Singh has expressed the view that the recent commissioning of the company’s new GSM cellular service at Mahdia significantly enhances the prospects for the broader economic development of the interior of Guyana.

Following many months of complaints by the utility companies that thieves were raiding their installations and making off with quantities of metal, wreaking millions of dollars of damage in the process, the government finally decided in 2006 that it would move to bring the problem to an end.

Faced with the imminent threat of closure of the scrap metal industry arising out of official charges that metal thieves are destroying millions of dollars worth of telecommunications, water and electricity infrastructure, the Guyana Scrap Metal Dealers Association (GSMDA) is claiming that its commitment to cooperating with the authorities to stamp out metal theft is being frustrated by the mixed signals being sent by the police in instituting charges against offenders..

After the training gaps are identified, they can be incorporated into an accelerated training programme along with the business improvement skills.

GASCI (www.gasci.com/telephone N

The current probe into the finances of the Georgetown City Council could uncover irregularities that could have “more far-reaching implications,” according to a source close to the municipality.

Scrap metal dealers have told Stabroek Business that they are now “gravely concerned” over the likely future of the industry in the face of “clear indications” that official moves may be afoot to discontinue the trade.

In the February 1 issue of the Stabroek Business we reported that Scotia Bank had recorded a record profit of $1.4 bn, for 2007 representing a 33 per cent increase over 2006.

Scotia Bank has announced that its operations in Guyana last year realised a record profit before tax of $1.4 bn, representing a 33 per cent increase over 2006.

This is the dark time, my love, All round the land brown beetles crawl about The shining sun is hidden in the sky Red flowers bend their heads in awful sorrow This is the dark time, my love, It is the season of oppression, dark metal, and tears.

Construction work on the Robb and Camp streets building being erected to house some of the departments of Republic Bank is now expected to be completed by the end of March this year, accordingly to a senior official of the bank.

Introduction: In macroeconomics, a recession is a decline in a country’s gross domestic product (GDP), or negative real economic growth.

Some months ago the City Engineer’s office expressed concern over the various transgressions of the building code arising out of the virtual transformation of the appearance of ‘commercial’ Georgetown.

Part I I was asked by a dear friend of mine to offer guidance on how companies in Guyana can achieve rapid success in improved quality of product and services while exceeding customer expectations.

Even as consumers continue to agonize over the recent spate of increases in rice prices, retail vendors were this week bellyaching over official intervention to provide the commodity at a price below the current market price.

Due to the recent suspension of trading on the Guyana Stock Exchange the Stabroek Business will be publishing no stock market updates in the immediate future.

President Bharrat Jagdeo recently informed the National Competitiveness Council (NCC) while chairing a meeting of that body that negotiations with the incumbent telecommunications operator, Guyana Telephone & Telegraph company, will be commencing on Tuesday.

A group of local art and craft producers set up to promote the local and international promotion of Guyana’s craft industry has disclosed that it will engage state agencies and the commercial banking sector with a view to securing financial support for creation of a sustainable arts and craft industry in Guyana Kulture Ambassadors – the leading promoters of Rastafarian art and craft in Guyana – is seeking to use the occasion of Carifesta X which will be held in Guyana in August to create “a permanent and viable craft industry on a sound business footing,” according to David Morrison (Ras Daweed) owner of the Kulture Embassz, a craft enterprise opened late last year in Kitty.

A local business and education technology service provider has secured a contract with the University of the West Indies under which it will launch and host the on-line component of the University’s Executive Diploma in Management.