Business

Atlantic Tele-Network (ATN), the parent company of Guyana Telephone and Telegraph (GTT), has launched a Business Processing Outsourcing (BPO) company that is not just a call centre but geared to assist small, medium and large businesses to position themselves in the Guyanese market. General Manager of WeSolveCX, Shem Erskine said the new company is in the marketplace to support Guyana’s ...

The Guyana government late Wednesday accused at least two civil society members of the Multi-Stakeholder Group (MSG) of the Guyana Extractive Industries Transparency Initiative (GYEITI) for contributing to this country’s suspension from the Norway-headquartered anti-corruption. Through the Ministry of Natural Resources, the government named Mike Mc Cormack and Vanda Radzik for not supporting the Terms of Reference (TOR) for the ...

A day after a company withdrew High Court action in its bid to acquire 143.10 acres of privately-owned land at Beterverwagting, East Coast Demerara after it had been controversially sold, Neighbourhood Councillor Elton Mc Rae said residents now needed help to gain access to their parcels of the land. Mr Mc Rae called on the Neighbourhood Council and Central Government ...

The Guyana Extractive Industries Transparency Initiative (GYEITI) on Wednesday appeared set to give the International Administrator the green light to compile and submit a report on the forestry, oil and gas, mining and quarrying, and fisheries sectors to the Extractive Industries Transparency Initiative (EITI) which could see the lifting of the country’s suspension from that global anti-corruption watchdog, according to ...

Seven residents of Linden, including two women, are wanted by the Special Organised Crime Unit (SOCU) of the Guyana Police Force as police probe several alleged financial crimes. Head of SOCU, Assistant Commissioner F. Karimbaksh said  each of the seven persons were “wanted for questioning in connection with Money Laundering and other serious offences in Guyana.” An eighth person is ...

The Food and Agriculture Organisation (FAO) is assisting Guyana to increase the production of West Indian Cherry (Acerola) and reduce the amount of concentrate being imported by local juice producers, that United Nations (UN) body said. “While the demand for cherry remains strong in the country, especially for use in the fruit juice industry, the country has not been able ...

GTT said it has recently made E-SIMs available for purchase and installation at all of the company’s retail stores across the country and street sale agents. The E-SIM is a digital version of a physical sim card that is pre-installed in a customer’s cellphone. It also allows for ease of tracking if the device is lost and seamless transfer of ...

Surinamese authorities on Friday imposed a 6 PM to 6 AM curfew in the capital, Paramaribo, where thousands of persons poured out on the streets earlier in the day to protest spiralling cost of living, authorities said. “Due to the situation in the country, the community is urged to avoid the inner city and busy locations. The units patrol the city ...

Thousands of protesters took to the streets of Paramaribo, Suriname, storming the National Assembly building and looting businesses as pressure mounted on the government in the wake of rising prices for fuel and general cost of living. The protesters are demanding that President Chandrikapersad Santokhi and Vice President Ronnie Brunswijk resign because they have presided over an International Monetary Fund ...

The US$1.7 billion gas-to-shore project, including the natural gas-fired power plant and natural gas liquids plant, is projected to save Guyana US$500 million annually after paying ExxonMobil US$55 million each year for the pipeline, Project Lead Winston Brassington said Wednesday. “Exxon projects that the quality of the gas, which is a very high quality gas- rich gas, will remain stable ...