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Daily Archives: Thursday, 23 June 2022, 16:53

No “rent-a-citizen” fronting for local content must be tolerated- Georgetown Chamber

Last Updated on Thursday, 23 June 2022, 16:53 by Denis Chabrol The Georgetown Chamber of Commerce & Industry (GCCI) on Thursday urged the Guyana government to take steps to block companies from using Guyanese to conveniently obtain a 51 percent stake to merely satisfy the provisions of the Local Content Act. “This phenomenon – commonly referred to as ‘fronting’ or ...

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RAMPS Logistics Guyana, govt differ on reasons for refusing local content certification

Last Updated on Thursday, 23 June 2022, 14:16 by Denis Chabrol The Guyana government’s Local Content Secretariat and RAMPS Logistics Guyana Inc. are at odds over whether the company met the requirements to operate as a Guyanese company. Highly-places source on Thursday said RAMPS Logistics Guyana Inc. has been refused local content certification because the company does not have 75 ...

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