Thursday 17/04/2025 - 👩🏽‍⚕️800 Nurses

⏱️ 5 - 6 minute read

Hi, reader

Today's newsletter highlights Guyana’s rapid growth, from major healthcare expansions to ground-breaking energy developments, uncovering valuable opportunities for businesses and side hustlers alike

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We'll be taking a short break from publishing until Thursday, April 23. I'll be celebrating Easter at the Lethem Rodeo—if you spot me, don't hesitate to buy me a beer. Happy Easter!

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Relief Measures Announced for Region 2 Rice Farmers

Agriculture Minister Zulfikar Mustapha has announced immediate relief measures for rice farmers in Region 2 facing difficulties selling their crops due to full-capacity mills. Actions include introducing an additional buyer for excess paddy, constructing a drying facility, providing one bag of fertiliser per acre, and waiving ferry transportation fees for paddy vessels during harvest. These measures aim to stabilize the market and offer rapid support to local farmers.

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800+ Nursing Assistants Get Guaranteed Jobs with $134K Salary

The Guyana Government celebrated a milestone with over 800 new nursing assistants graduating from its Hybrid Nursing Assistant Training Programme. Health Minister Dr. Frank Anthony announced a guaranteed starting salary of GYD $134,000 per month for each graduate, who will be placed in various new and existing healthcare facilities across Guyana. The programme, delivered partly through Coursera, marks a significant step in enhancing public healthcare, especially in interior regions previously lacking access to formal training.

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Business Opportunities Based On Today’s Developments

Small Enterprise Opportunities

1. E-Learning Support & Tutoring Services

With Region Three launching a pilot remedial education program for CXC subjects and the upcoming national Digital School initiative, there's an opportunity for small enterprises to offer supplementary tutoring services, educational software tools, study materials, and on-demand mentorship programs.
Note: Enterprises could partner with schools or directly offer personalized tutoring to struggling students, benefiting from government-backed educational investments.

2. Water Infrastructure Maintenance & Support Services

With the construction of the state-of-the-art water treatment plant in Diamond, small businesses can offer specialized maintenance, pipeline inspections, and water-quality testing services. These ancillary services will be essential as communities grow and infrastructure expands.
Note: Opportunity for long-term contracts with local authorities or the Guyana Water Inc.

3. Healthcare Training and Certification Services

The graduation of over 800 nursing assistants signals demand for ongoing professional development. Small enterprises can provide accredited training, short professional courses, and certification workshops related to healthcare skills, administrative tasks, and digital health management systems.
Note: Partnership with the Ministry of Health or regional hospitals would offer consistent revenue streams.

Medium Enterprise Opportunities

1. Forensic Science & Cybersecurity Training Academy

Guyana's strategic partnership with India in forensic sciences presents opportunities for medium-sized enterprises to establish specialized training academies, labs, and consultancy services focusing on forensic science, cybercrime investigation, and cybersecurity education.
Note: Aligning with national security objectives, such academies could receive direct government endorsement or contracts.

2. Gold Trading Compliance & Consulting Services

With strict enforcement by the Guyana Geology and Mines Commission (GGMC) against unlicensed gold trading, there's an emerging market for compliance consultancy, training, and advisory services targeting miners, gold traders, and jewelers. Medium enterprises can provide regulatory guidance, compliance management software, and licensing assistance.
Note: Strong potential exists for partnerships with GGMC or mining associations to ensure long-term client relationships.

3. Specialized Industrial & Technical Recruitment Agency

The Gas-to-Energy (GtE) project and new industrial initiatives such as petrochemicals and mineral refining will generate significant demand for skilled technical labor. Medium-sized enterprises can create specialized recruitment and staffing agencies dedicated to sourcing, training, and supplying skilled personnel in technical fields such as engineering, petrochemicals, and manufacturing.
Note: Potential for securing exclusive staffing agreements with major industrial investors or government projects.

Large Enterprise Opportunities

1. Petrochemical Production & Mineral Refining Facilities

The government's clear interest in establishing petrochemical and mineral refining industries linked to the Gas-to-Energy Project presents a large-scale investment opportunity. Enterprises with financial capability can set up petrochemical processing plants, mineral refining facilities, and associated manufacturing hubs.
Note: Strong government support is likely, with significant potential for tax incentives, special economic zone benefits, and infrastructural assistance.

2. Regional Healthcare Facility Management & Operations

Given the major expansion of Guyana's healthcare infrastructure, including guaranteed employment for newly graduated healthcare professionals, large enterprises can invest in the management, operation, and maintenance of regional healthcare facilities. Offering specialized medical services, equipment supply, and telemedicine solutions can further enhance operational profitability.
Note: Strategic partnerships with international healthcare providers or technology firms could yield competitive advantages and position the company as a regional healthcare leader.

3. Renewable Energy & Climate Resilient Infrastructure

The government's construction of the climate-resilient water treatment facility in Diamond, complemented by solar energy installations, signals a wider market for large-scale renewable energy projects. Enterprises can capitalize on this momentum by investing in renewable energy parks, solar farms, battery storage systems, and related infrastructure projects.
Note: Opportunities to engage in public-private partnerships (PPPs) and government contracts to scale rapidly and sustainably.

Side Hustle Ideas Based On Today’s Developments

1. Virtual Assistant Services for Local Businesses

Why It Works:
With the expansion of small and medium-sized enterprises in Guyana, there's a growing need for administrative support. Offering virtual assistant services—such as email management, scheduling, and customer service—can help businesses operate more efficiently without the overhead of full-time staff.

Getting Started:

  • Identify local businesses that may benefit from administrative support.

  • Offer a range of services tailored to their needs.

  • Utilize online platforms to market your services and connect with potential clients.

2. Mobile Car Wash and Detailing Service

Why It Works:
As personal vehicle ownership increases, there's a demand for convenient car maintenance services. A mobile car wash and detailing service allows you to meet customers at their location, providing flexibility and saving them time.

Getting Started:

  • Invest in basic car cleaning equipment and eco-friendly cleaning products.

  • Promote your services through social media and local advertising.

  • Offer package deals or subscriptions for regular customers to ensure steady income.

3. Online Tutoring for Academic Subjects

Why It Works:
Education remains a priority, and with the rise of digital platforms, there's an opportunity to offer tutoring services online. This is especially relevant for subjects like mathematics, science, and English, where students often seek additional support.

Getting Started:

  • Determine the subjects and grade levels you're qualified to teach.

  • Create profiles on tutoring platforms or advertise your services on social media.

  • Schedule sessions during evenings or weekends to accommodate your primary job and students' availability.

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