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Business

World Bank readies Guyana for transparent oil, gas management

The World Bank has agreed to help Guyana prepare for the next major step in becoming a member of the international watchdog on the use of resources such as oil, gold and forests, the Ministry of Natural Resources announced on Monday. The global financial institution is expected to dispatch a consultant to Georgetown to help Guyana set up a Multi-Stakeholder ...

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Guyana Heritage Festival coming to New York

As part of efforts aimed at knitting the Guyanese heritage into the lives of the diaspora living in the United States by creating the atmosphere and environment conducive for Guyanese to meet and interact, a “Guyana Heritage Festival”; which goes hand-in-hand with the celebrations for Guyana’s 50th Independence Anniversary, is being planned. Under the theme “Land of Our Roots and Culture”, the ...

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Phone rate competition heats up

Competition in the telecommunications industry is heating up with both major phone service providers rolling out various packages to woo customers. The Guyana Telephone and Telegraph (GT&T) has announced that all mobile pre- paid customers would receive a 10% free bonus credit on every top up (cards and electronic) and a 5% free bonus credit on the value of their monthly ...

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Guyana to power govt buildings with renewable energy

Guyana’s President David Granger on Saturday announced a target of ensuring that every government building is powered by renewable energy over the next four years as part of the country’s drive to eventually eliminate its addiction to fossil fuels. “I do believe the private sector will come along with us but my short-term objective is to make the government green and ...

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Digicel to invest up to US$40M more as 4G service rolls out

With the allocation of additional spectrum by the Ministry of Public Telecommunications, Guyana’s telephone service providers have finally launched their 4G networks across Guyana. Improved telecommunication services are a long awaited advent for Guyana given the increasing demands of today’s technological environment. The Chief Executive Officer (CEO) of Digicel Guyana Kevin Kelly officially launched the service in Bartica on Saturday ...

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City businessman denies facilitating vending outside his zinc bond

A group of vendors, who normally sell outside the old Guyana Stores Limited (GSL) bond on Water Street, have now been left out in the cold as the businessman plans to tell the High Court that he never granted them permission to play their trade, but instead they had long obstructed him from using the plot of land. An interim ...

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High Court halts sending home, re-deployment of Wales Estate workers

The Full Court of the High Court on Friday ordered the Guyana Sugar Corporation (Guysuco) to halt the sending home or re-deployment of hundreds of sugar workers stationed at the Wales Sugar Estate until they are consulted in keeping with the law. The order was secured by the Guyana Agricultural and General Workers Union (GAWU), represented by its General Secretary ...

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Trio charged with Princess Casino multi-million dollar armed robbery

A security guard, who was employed at the Princess Ramada Hotel, and two other men were Friday charged with an GYD$8.5 million robbery committed at the Princess Casino late last month. Appearing before Chief Magistrate Ann Mc Lennan,  the trio Wayne Griffith, 29,  Junior Stewart, 30 of Thomas Street, Kitty and the security guard, 35-year old Andre Blackman of Mc ...

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Pres. Granger endorses relocation of Stabroek Market square vendors

President David Granger on Friday endorsed the clean-up of the Stabroek Market Square and called on the Mayor and City Council of Georgetown to hasten efforts to prepare and provide an alternative location for the vendors, who have been removed from the Stabroek Market Square. “I deeply regret that there has been some delay between the removal of the vendors, ...

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