Business

The Guyana Telephone and Telegraph Company (GTT) on Friday offered a GYD$5 million reward for information leading to the arrest of anyone involved in the vandalisation of its fibre optic cables on the Linden Highway recently. The illegal act resulted in widespread service disruptions, the company said. On November 30, GTT said it received numerous reports of loss of services ...

Tourism executives are banking on Guyana’s listing by Condé Nast Traveler, a premier travel magazine, as one of the top 20 places to visit next year to further boost the sector which has so far raked in more than GYD$60 billion dollars annually. Director-General of Tourism, Donald Sinclair told a domestic Regional Tourism Committee Forum that many of the ecotourism ...

A passenger aboard a Guyana-bound Caribbean Airlines (CAL) flight died, forcing the flight to divert to Puerto Rico and causing other passengers to suffer a more than five-hour delay to their destination, sources said. The CAL BW521 flight left New York at 7:06 a.m. but the passengers destined for Guyana did not reach their final destination until 10:05 p.m. That ...

The Director-General of the Department of Tourism, Donald Sinclair on Thursday called for less rum-drinking and a greater focus on culture at festivals across Guyana’s ten administrative regions. He issued the call at a regional tourism forum at which regional tourism committee representatives presented their reviews for 2019 and were informed about plans for 2020. “Too many festivals are just ...

Former Jamaica Prime Minister, Portia Simpson-Miller Thursday night called on Guyana to put systems in place for small businesses to benefit from the expected economic boom. In an address to the Georgetown Chamber of Commerce and Industry’s (GCCI) awards ceremony, Mrs Simpson-Miller said allowing small businesses to participate in the economy and a transparent economic process should do well for ...

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 ...