Business

Guyana’s state broadcaster- National Communications Network (NCN)- has taken the first step to begin relaying radio and television programmes across the country via satellite, a move that Prime Minister Moses Nagamootoo said is partly linked to securing the country’s sovereignty. “Guyana is ours! All of Guyana is ours-our Essequibo and the rest of Guyana- so that now we have capacity ...

The Ministries of Social Cohesion and Indigenous Peoples’ Affairs, Friday, March 11, 2016 inked a Memorandum of Understanding (MoU) with Guyana’s Institute of Applied Science and Technology (IAST) for the provision of research and development, sustainable business development and analytical services. The agreement was signed between Minister of Social Cohesion, Ms. Amna Ally, Minister of Indigenous Peoples’ Affairs, Mr. Sydney ...

The Canada-headquartered oil exploration company, CGX Energy, has plugged US$5,000 into a plan to reprint the Makushi Language book, Makushipe Komanto Seru, and has pledged to raise the remaining US$10,000 from other businesses to ensure that copies are available in time for Guyana’s jubilee celebrations in May, 2016. The Government Information Agency quoted  Chairman of the CGX Board of Directors, Dr. ...

The Wai Wai  Amerindians-who travelled hundreds of miles to Kingston, Georgetown to rebuild the Umana Yana-were Friday finally paid for their labour, one day after their leaders protested that the multi-million dollar payment was taking too long. Guyana’s Ministry of Indigenous Peoples Affairs announced that the 35 builders were paid “in full” GYD$14,175,000 for direct labour costs and the remaining GYD$16,364,138 was ...

The International Monetary Fund (IMF) has issued a caution to the Guyana Government over growth in public sector wages and non-performing loans. This is after a team from the international body met with Government Ministers Winston Jordan, Raphael Trotman, David Patterson and Central Bank Governor Dr Gobind Ganga. In a release on the website, the IMF noted that Guyana’s economy ...

In a bid to revive coastal village economies, cultural organization, African Culture and Development Association (ACDA) is taking the lead in reviving and creating several industries that will boost economic village activities. The dormant billion -dollar artisanal fishing industry is being touted as the first area of interest even as the agency works to provide assistance in other sectors. ACDA has invited persons living on ...

A businessman was shot by bandits Wednesday afternoon when he attempted to intervene in a robbery nearby his business premises on High Street, Werk-en-Rust, Georgetown. Police said the  owner of G.A. Imports saw a robbery in progress and went inside for his licensed firearm. On returning, one of the bandits opened fire on him. “As soon as he returned to the front ...

The Guyana Water Incorporated (GWI) Wednesday said it has commenced evaluating a food based agent, Seaquest, which has the ability to improve water quality by reducing the effect of iron present in water. The programme is part of GWI’s overall water quality improvement programme being executed by the company’s Scientific Services and Technical Services Departments.  The product is being evaluated ...

Guyana Goldfields has drilled GYD$20 million into several major social welfare projects across the country under its Children’s Needs Development Initiative. The presentations by Guyana Goldfields Inc./Aurora Gold Mines Inc’s Corporate Social Responsibility (CSR) on Wednesday February 24, 2016 at the Herdmandston Lodge, Peter Rose and Lamaha Streets, Georgetown. Guyana Gold Fields through the Children’s Needs Development Initiative has been able to provide ...

Western diplomats, preparing to observe the upcoming Local Government Elections (LGE), have given the Guyana Elections Commission (GECOM) high marks for preparations for the polls, but the country’s leading business organisation believes that more voter education could have been done. “We are confident that the preparations that would have been made by the Guyana Elections Commission are adequate to ensuring ...