Business

The President of the Caribbean Development Bank, Dr Hyginus ‘Gene’ Leon says media in the region are not performing effectively, for instance, in the areas of helping people to cope with natural disasters and address crime. “In small, vulnerable states, Caribbean media are particularly important to support relief and recovery efforts as well as disaster mitigation. But I fear the ...

Guyanese have a constitutional right to be protected from competition and that supreme law should be amended to provide a breakdown of the award of contracts and licences as part of efforts to meaningfully address historical economic disadvantages that African Guyanese are facing, according to political and social activist Attorney-at-Law Nigel Hughes. In his feature presentation at Cuffy250’s 2023 State ...

More than 900 residents of Wauna, Region One (Barima-Waini) and surrounding areas are expected to receive reliable potable water from September when the drilling of a new well is expected to be completed, the Guyana Water Incorporated (GWI) said. Minister of Housing and Water, Collin Croal, who visited the site to inspect the works this week, said the well is ...

A Fly Allways flight from Guyana to neighbouring Suriname was forced to return to the Cheddi Jagan International Airport on Monday morning after one of the plane’s engines failed, the Guyana Fire Service said. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field said an aviation engineer aboard the aircraft checked the plane and, along with ...

Aviation Minister, Juan Edghill on Monday said top officials of the Guyana government have warned InterCaribbean Airways that it could face sanctions if the carrier does not avoid prolonged flight delays and cancellations. Mr Edghill said officials, including representatives of the Guyana Civil Aviation Authority (GCAA), met with representatives of the Turks and Caicos Islands-headquartered airline last Thursday to address repeated ...

Public Works Minister Juan Edghill on Monday said the engines of the new North-West District (NWD) vessel, MV Ma Lisha, sucked in silt while departing Georgetown on Thursday at low tide resulting in a delayed arrival at Kumaka, in response to claims that the vessel encountered engine trouble during its maiden voyage. “There was no engine failure. All that happened- ...

Opposition Leader Aubrey Norton on Saturday advised Afro-Guyanese to get involved in business and urged communities to support them so that they can continue to thrive. He stressed the critical importance of creating a business class in each village in which villagers buy and sell from each other to generate wealth within. “The African Guyanese needs to focus on business. ...

High-tech Ghanaian and Guyanese companies have laid the groundwork through a joint venture to provide the Guyana government with the capacity to provide real-time monitoring of oil production and air and sea pollution among other aspects of operations, a senior official said Saturday. West Coast Gas Ghana, a leading technologies player in the monitoring and nomination services in the oil ...

Vice President Bharrat Jagdeo on Friday ruled out a further extension beyond the September 12, 2023 deadline for bidding for 14 oil blocks offshore Guyana, saying that the regulatory framework was now in place to facilitate the process. In an interaction with participants at a Ghana Chamber of Commerce Guyana conference on local content, he said now that government has ...

Attorney General Anil Nandlall has said his People’s Progressive Party Civic (PPPC)-led administration has renegotiated aspects of the oil production deal with ExxonMobil through changes in licenses for the development of other wells, despite iron-clad provisions of the Production Sharing Agreement (PSA) for the entire Stabroek Block. “We have reformed the entire licensing regime,” he said during a debate on ...