Business

A section of the Invictus drilling infrastructure in Zimbabwe
A section of the Invictus drilling infrastructure in Zimbabwe

Zimbabwe preparing to join Africa’s oil and gas ‘family’  

Keen to take its place amongst the countries on the African continent exploiting their oil and gas resources, Zimbabwe is anticipating the imminent commencement of operations by the Australian firm Invictus Energy that will see the drilling of its first oil and gas well in the north of the country, close to the border with Mozambique.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday August 25, 2022

 President’s Ali’s regional food security assignment

A recent robust article emanating from the state-run Department of Public Information (DPI) titled ‘CARICOM’s food security agenda moving apace, says President Ali’, made no secret of the fact that its fundamental intention was to cast President Irfaan Ali in a leadership role insofar as the region’s undertaking to realise the reduction of regional food imports by 25% by 2025 is concerned.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 981’s trading results showed consideration of $9,716,240 from 29,758 shares traded in 16 transactions as compared to session 980s trading results, which showed consideration of $21,463,200 from 53,996 shares traded in 27 transactions.

A product display outside the Massy Supermarket on the East Coast Demerara

Gov’t support for agro processors lagging

Small and medium-sized businesses in the country’s agro-processing sector have told the Stabroek Business that government can best support the development of the sector by paying greater attention to “what the sector says it wants”, rather than simply making decisions in isolation from any meaningful consultation.

Signing of MOU betwen GPSM and GTI

Local management consultancy firm inks deals with T&T’s SMRP, GTI

Local management consultancy firm, GPSM Consul-tants Inc, on Tuesday August 2, signed a Memorandum of Understanding (MoU) with the Trinidad and Tobago Chapter of the Society for Maintenance and Reliability Professionals (SMRP) under which the two entities will jointly deliver a number of courses in disciplines that will equip participants with skills that can be applied in both the energy and non-energy sectors in Guyana.

Caribbean businesses must seek to surmount hurdles to financial access

WASHINGTON, USA – A new report from the Inter-American Development Bank (IDB) and IDB Invest is recommending that Caribbean countries focus on overcoming obstacles to financial access and inclusion for businesses, because having more developed and inclusive financial systems could increase growth and reduce poverty and income inequality.

President Irfaan Ali and President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo

Stronger Caribbean, Africa trade ties looming

There is an air of expectation that the September 1-3 Africa/Caribbean Trade and Investment Forum (ACTIF) will have the effect of having two regions of the world possessed of strong historical and cultural links continue to inch their way, collectively, towards unprecedented levels of commercial and trading ties in  the period ahead.

Barbados to host regional Emergency Preparedness Center

Even as unfolding weather-related events across North America and Europe point to more formidable climate-related challenges, going forward, the World Food Programme (WFP) has disclosed that preparations are underway within the United Nations (UN) system to use the Caribbean Community (CARICOM) member state, Barbados, as the base for the establishment of a humanitarian logistics and Training Centre to serve the region.

Mocha Co operative Society Chairman Raeburn Jones

Light at the end of the tunnel for flooded – out Mocha farmers: Victim hints at likely compensation request

After more than a year and a half of frustration attended by various forms of protest and appeals to authority designed to bring their plight to the attention of the authorities, the members of the Mocha/Arcadia Multi-Purpose Agricultural Cooperative Society whose Market Days have established a reputation as one of the best of its kind across the country, may have been offered some light at the end of a lengthy and testing tunnel.

John and Fay Greaves

JOFA Products: Pepper Stew and Sweet Pepper Jelly

From the quiet of their Block ‘E’, South Sophia home, John and Fay Greaves typify the emergence of a fast-growing constituency of would-be entrepreneurs who appear to have singled out agro-processing as a potentially lucrative avenue for the satisfaction of what are far from exalted ambitions.

  Trinidad and Tobago Attorney General
Reginald Armour

T&T following Guyana in move to curb metals theft

With Trinidad and Tobago now plagued with the same emergency that had loomed large here some years ago, the country’s Attorney General Reginald Armour has announced that the twin-island republic will be perusing legislation already in place in other Caribbean Community (CARICOM) territories, including Guyana, in an effort to put a brake on rampant metal theft that is targeting some of the country’s more critical service installations.

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