Business

The Guyana government on Thursday took Republic Bank to task over the long delays customers are experiencing in transacting business, even as the Trinidad-headquartered financial institution admitted that there are problems with its upgraded system and promised to fix them by mid-December. Director-General of the Ministry of the Presidency, Joseph Harmon said Minister of Finance, Winston Jordan would be taking ...

Republic Bank Guyana on Thursday apologised for prolonged delays being experienced by customers, saying an upgrade did not go according to plan and that it expects to fix all problems by mid-December. Following is a full statement from Republic Bank. “On November 4, 2019 the Bank completed the conversion to its new banking systems which involved the conversion of over ...

The owner of Kosmos Grill & Lounge at Movietowne in Guyana and a police officer died in a road accident early Tuesday night on the Rupert Craig Highway in the vicinity of Yokohma vehicle dealership at Sophia in Greater Georgetown. Official sources confirmed the identities of the two men as 37-year-old Dillon De Ramos of 85 Dennis Street in Campbellville, ...

Government’s Department of Sport is warning that people caught smoking at sport facilities will be punished with hefty fines according to the law. The department says government will enforce the Tobacco Control Act if people do not obey “No-Smoking” signs that will be posted up at sport facilities. First time offenders who smoke in any place where smoking is prohibited ...

Poor-performing Guyana Goldfields Inc. has appointed a new President and Chief Executive Officer who it says has a track-record of turning around companies. Mr. Alan Pangbourne will assume duties from January 1. A company statement says Allen Palmiere, who was appointed interim Chief Executive Officer, will continue as a director of the company. Guyana Goldfields notes that Mr. Pangbourne brings ...

The Guyana National Road Safety Council (GNRSC) on Sunday suggested that long-distance minibus routes would have to be divided to ease traffic congestion along major roadways and in the capital city, Georgetown. GNRSC Coordinator, Ramona Doergen assured that the cost of transportation would not be increased when all the fares on long-distance routes are added up to commuters’ final destinations ...

ExxonMobil (Guyana) on Wednesday played up the local benefits of its operations in Guyana over the last few years, even as government’s Energy Department said it was crafting a local content policy that is relevant to Guyana. Addressing the opening of the Guyana International Petroleum Business Summit & Exhibition (GIPEX 2019) at the Marriott Hotel in Georgetown, ExxonMobil’s Senior Vice ...

Financially-crippled by six weeks of closure that government had ordered following the death of a geologist in a mining pit, the Australian gold mining company, Troy Resources Limited, on Monday said it would send home almost 400 workers in Guyana. In an internal one-page memorandum seen by News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News, the company told employees that ...

Demerara Distillers Limited (DDL), through its subsidiary Demerara Contractors and Engineering Limited (DCEL) and  Caribbean Welding Supplies Limited (CWSL) have established an oil and gas services joint venture, Demerara Offshore Incorporated. Demerara Offshore will be providing a wide range of services to the oil and gas sector that include the development of a world-class shore base facility, welding and fabrication, ...

Two Guyanese earn the top prizes for the Digicel Youth Pan Caribbean Film Competition at the Turks & Caicos International Film Festival Sunday, 17 November 2019, Castries, St. Lucia – The Digicel Youth Pan Caribbean Film Competition, as part of the inaugural Turks & Caicos International Film Festival, announced the winners of the competition. Open to amateur filmmakers across the Caribbean, ...