Business

A number of private schools are “Private charter schools,” and so they do not pay taxes, Minister of State, Joseph Harmon explained during a Post- Cabinet press briefing today. Questioned about the impact of levying of 14 percent Value Added Tax (VAT) on education, and about claims of drop outs, Minister Harmon said that,“I do not have the figures, I ...

Cabinet has approved the delivery and construction of 758 housing units in Regions 2, 3, 4, 5, 6, 7 and 10. The units will be constructed at a cost of $5 Billion, (or $5.4Million each), Minister of State Joseph Harmon reported at the post-Cabinet briefing at the Ministry of the Presidency held on Friday. The construction of the housing units ...

As the High Court prepares to hear City Hall show cause why the controversial parking meter contract should not be revoked, Mayor Patricia Chase- Green on Friday said businesses would not be allowed to designate no-parking areas in front of their premises. “What we also have again are- some vendors, the majority of business people- blocking their entrances with ‘No ...

Digicel (Guyana) will not be on this year’s Mashramani costume and float parade, but is instead throwing its assistance behind several special needs organisations. At the same time, the phone company is providing freely available costumes  from the ‘Trinity’ and  ‘Dynamic’ Bands once they are Digicel subscribers and have downloaded and are using MyDigicel app. After the display of the costumes at ...

The Private Sector Commission (PSC)  says it has no confidence in government’s handling of the economy and has accused it of political interference in the judiciary and creating the conditions to violate the constitutional rights of persons through the State Assets Recovery Act. The PSC charged that the economy is in a downward spiral, resulting in Guyanese selling and moving ...

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 ...