Against the backdrop of what is widely believed to be key weaknesses in local government administration in some countries in the region, the Caribbean Development Bank (CDB) has launched a series of training workshops aimed at upgrading the skills of functionaries responsible for accounting and reporting in local government administration.
Against the backdrop of a relatively low key national commemoration programme to mark Amerindian Heritage Month the privately run Sonia Noel Foundation collaborated with the young people in the Fairview Village located at Kurupukari on the Essequibo river, its titled lands located within the area housing the Iwokrama Rainforsst.
Given the challenges that continue to inhibit access to borrowing by local micro and small businesses for the purpose of strengthening the foundation of existing but under-financed enterprises, the model utilised by the Jamaican lending platform known as Esther Finance Ltd.
Under pressure mostly from the island’s influential private sector, the Jamaica government last week announced that it was discontinuing the weekly ‘no-movement’ days and adjusting its curfew measures even as the erratic behaviour of the seemingly worsening COVID-19 pandemic keeps countries in the region guessing as to how to respond to the mounting numbers of casualties being claimed by the novel coronavirus.
Against the backdrop of mounting concern over the increase in the covid-19 infection rate in the hemisphere the Pan American Health Organization (PAHO) has announced the selection of two institutions in Argentina and Brazil to serve as regional hubs for the development and production of vaccines in Latin America in a bid to roll back the mounting threat which the malady poses.
Asserting that Micro, Small and Medium Enterprises (MSMEs) are the backbone of the country’s economy, the Government of Jamaica has made a significant intervention through key state agencies in an effort to rescue such struggling businesses from the economic dislocation arising out of the COVID-19 pandemic.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 933’s trading results showed consideration of $49,059,750 from 403,740 shares traded in 15 transactions as compared to session 932’s trading results which showed consideration of $151,748,402 from 5,498,231 shares traded in 20 transactions.
Having established a noteworthy reputation locally, regionally and internationally, for its accomplishments in the rum manufacturing sector, Demerara Distillers Ltd is moving to further consolidate its more recent pursuits in the beverages sector through the launch of a plant designed to help meet the needs of a growing local fruit-based beverage market as well the dairy market.
With quite a few Caribbean Community (CARICOM) countries having already realised the status of being oil-producing nations, or are otherwise on the cusp of doing so, the news that the climate change researchers are now preoccupied with seeking to place precise measurements on the extent of the global Climate Change threat and are now estimating just how much of the world’s coal, oil and natural gas reserves should be left unburned in order to slow the increase in climate-changing gases in the atmosphere, may well create some measure of institutional discomfort.
The energy and enthusiasm which La Toya Douglas brings to the promotion of Nature Wrap, her emerging hair care enterprise, leaves one with the impression that ‘wild horses’ will not stand in the way of her quest for entrepreneurial success.
As if the socio-economic ravages of the coronavirus pandemic are not sufficient to retard the development of Caribbean countries years into the future, there are signs that a much more familiar malady, rampaging weather, is about to make yet another immediately impactful intervention in the region.
The extent of countries’ dependence on commodity exports as a key factor in determining their economic well-being has increased over the last decade from 93 countries in 2008-2009 to 101 in 2018-2019, according to United Nations Conference on Trade and Development’s (UNCTAD) State of Commodity Dependence 2021 report released just over a week ago.
Further evidence that the one-time much stigmatised marijuana is ‘going places’ in the global medicine and cosmetics industries emerged recently with the reported signing of an Agreement that allows for the Australian-headquartered medicinal ganja company, CANNIM, to legally export the ganja flower into Germany.
Kitco Market Data
Gold Prices for the three day period ending Thursday September 16, 2021
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.