Business

Ex-President Donald Ramotar on Thursday maintained that US$5 million for Guyana’s shares in Guyana Telephone and Telegraph (GTT) have not yet been paid. “The five million US (dollars) is still outstanding,” he told Demerara Waves Online News.  Later Thursday, he issued a prepared statement calling on the government to lay bare its records to show that the money was paid ...

Guyana and India have inked a Memorandum of Understanding (MoU) for the establishment of a US$1 million Information Communication and Technology (ICT) Centre of Excellence in Guyana. Signing the document were Minister of State, Joseph Harmon and India’s High Commissioner in Guyana, Mr. Venkatachalam Mahalingam. This Centre will provide training for public sector ICT professionals to ensure the availability of a highly ...

With the support of Canada, a research trial on several varieties of Irish potatoes to determine their suitability for local conditions is underway, the Canadian High Commission said Tuesday. Thirteen ¼ acre Irish potatoes pilot plots are currently being supported through the $20 million Canada-funded Caribbean regional Promotion of Regional Opportunities for Produce through Enterprises and Linkages (PROPEL) project. “This ...

The almost one-year old coalition-led government says a recent trip to China for a US$5 million debt supposedly owed by a telecoms company for Guyana’s shares in the Guyana Telephone and Telegraph Company (GT&T) has turned up more questions than cash. Government spokesman, Raphael Trotman told a post-cabinet news conference that Minister of State, Joseph Harmon’s recent visit to China ...

Minister of Natural Resources, Raphael Trotman on Wednesday acknowledged that the provision of an aircraft to Minister of State Joseph Harmon by existing and prospective Chinese investors in Guyana’s forestry sector for domestic travels to their locations in China could conflict with the proposed ministerial code of conduct and was sure it would not happen again. “It could lead to a conflict ...

Despite concerns that the incoming Chief Executive Officer of the state-owned National Communications Network (NCN), Lennox Cornette had forged the signature of a top official of the Guyana Telephone and Telegraph (GTT), the majority of directors have supported his appointment after  background checks were conducted. “I see no legal impediment to the appointment of Mr. Cornette. I support the said ...

The private sector and other players in society are expected to adopt communities across Guyana as part of efforts to develop sustainable development, Minister of State Joseph Harmon said Saturday. “The business community, individuals, associations and other groups should be encouraged to adopt communities to help address issues affecting them and promote their development,” he told the opening of a ...

As Guyana’s private sector continues to intensify preparations for Guyana’s 50th Independence Anniversary celebrations in May, Air Services Limited (ASL) has announced that it will be doing city tours in that month. The announcement was made on Saturday as ASL Managing Director Annette Arjoon-Martins unveiled a helicopters full decked out in the colours of Guyana’s flag and the 50th Anniversary ...

Guyana’s state-owned radio and television broadcaster, National  Communications Network (NCN), on Friday announced the appointment of a new Chief Executive Officer. The company issued the following statement, saying that Lennox Cornette would assume duties. He previously worked at the Guyana Telephone and Telegraph Company and Conservation International. The statement reads: As part of its revitalising of the state-run National Communications ...

  Minister of State, Joseph Harmon Thursday night explained his appearance in a photograph with Chinese company officials aboard a private jet in China, saying that several Chinese companies that intend to invest significantly in Guyana assisted with transportation. Harmon said his meeting with the Chinese companies’ representatives coincided with his visit to China on official government business in March, ...