Business

As Guyana prepares to join a Norway-headquartered organisation that guards against corruption in the natural resources sector, a member of the business arm of the local chapter has weighed in on United States President, Donald Trump’s decision to allow American companies to withhold information about contributions to foreign governments. Businessman, Hilbert Shields who is part of the Multi-Stakeholder Group of the , ...

Despite an announcement that the parking meter fees would be slashed by 50 percent, Guyanese turned out in larger numbers on Thursday to vent their disgust at the agreement between the Mayor and City Council (M&CC) and Smart City Solutions (SCS). Many businesses closed their doors and staff used their lunch-hour to  congregate on Regent Street opposite City Hall to ...

As Caribbean Community (Caricom) leaders prepare to discuss, among other matters, the future of Information Communications Technology (ICT) in the region, a group of Caribbean Professionals has rolled out an application to help students learn Mathematics at the Caribbean Examination Council (CXC) level. Founder of AcuExam (www.cxc-exam.com) , Surendra Dhanpaul said though the app is in no way affiliated to ...

The Guyana Telephone and Telegraph Company (GTT) on Wednesday announced that it would be sending home 120 persons over the next 12 months as part of plans to adapt the company to liberalised telecommunications sector in the country. The phone company said its announcement coincided with the separation of the first 6 employees under the restructuring programme. The six employees ...

Cabinet members are said to be deeply concerned about the serious impact that the route for the Mashramani float and costume parade down Brickdam will have on public participation and small businesses, according to well-placed sources. Resistance to the Brickdam route by numerous ministers has come at a time of economic downturn and the need to trigger massive consumer spending. Prime ...

As Guyanese prepare to come out in their numbers again to vent their opposition to the parking meter contract, Transparency Institute of Guyana Inc- a local anti-corruption watchdog- has slammed the deal whose conditions favour the investor beyond the 80-20 stake. “Recent revelations about the original contract for parking meters in Georgetown confirm that the deal was not in the ...

Prime  Minister, Moses Nagamootoo on Wednesday said further reform of Guyana’s constitution,  revival of the Integrity Commission and a Code of Conduct for elected officials are aimed at ensuring officials do not steal public funds including those garnered from the oil and gas industry and other natural resource sectors. “I am serious about constitutional reform because it is going to ...

Guyana Power and Light (GPL) Chief Executive Officer, Renford Homer said power has been restored to all areas following widespread blackouts on Sunday and Monday. He said that normally it would take one hour, but this time it went beyond that time due to a particular issue. The Acting CEO was at the time giving an update on the recent ...

People’s Progressive Party Civic (PPPC) parliamentarian, Anil Nandlall on Tuesday challenged the constitutionality of an recent amendment to the tax laws that seeks to prohibit persons who owe Value Added Tax from leaving Guyana until they pay up or make acceptable arrangements to do so. The application will be heard on February 24, 2017. In court papers seen by Demerara ...

Parking meter rates are to set to be slashed by half and motorists will be able to use remaining time at any other space, top City officials announced on Monday. Addressing representatives of commercial banks at a meeting held at City Hall’s Chamber, Town Clerk Royston King and City Mayor Patricia Chase-Green said the rates would be reduced to GYD$28 VAT ...