Business

Public Works Minister Juan Edghill on Friday warned that the time is up for the voluntary removal of encumbrances and derelict vehicles nearby roads and gave notice that from Monday an operation would begin to remove them. Addressing the turning-of-the sod ceremony for the construction of a 7.8 kilometre road from Ogle, East Coast Demerara to Haags-Bosch, East Bank Demerara, ...

The Georgetown Chamber of Commerce & Industry (GCCI) on Thursday urged the Guyana government to take steps to block companies from using Guyanese to conveniently obtain a 51 percent stake to merely satisfy the provisions of the Local Content Act. “This phenomenon – commonly referred to as ‘fronting’ or ‘rent-a-citizen’ – has the potential to reduce the amount of value ...

The Guyana government’s Local Content Secretariat and RAMPS Logistics Guyana Inc. are at odds over whether the company met the requirements to operate as a Guyanese company. Highly-places source on Thursday said RAMPS Logistics Guyana Inc. has been refused local content certification because the company does not have 75 percent Guyanese in management and has not proven the source of ...

Vice President Bharrat Jagdeo on Tuesday said efforts by undercover journalists posing as investors to catch him taking a bribe in his own home for a hotel and casino project have failed, but he had no qualms being involved in a range of government matters, including potential investments. He said the fact that he could not fall prey in his ...

The Leader of the small non-parliamentary opposition Organisation for the Victory of the People (OVP) political party, Gerald Perreira does not believe there is sufficient evidence in the American Vice News report to link Vice President Bharrat Jagdeo and Chinese businessman Su Zhi Rong to the sale of Guyana to China. “I don’t think they provided enough evidence. I don’t ...

Opposition Leader Aubrey Norton on Monday said a government subsidy on gasoline was being provided by both oil and non-oil producing countries an so all that Guyana has to do is to allocate some of the extra earnings from oil exports to stabilise the price at the pumps. “It should come from the extra money. Remember, we pointed out that ...

Opposition Leader Aubrey Norton on Monday highlighted several aspects of Vice President Bharrat Jagdeo’s interaction with a foreign journalist that raise serious questions about his alleged role in business dealings with his friend and tenant, Su Zhi Rong. “Why is it this wasn’t done in the government office that is the official office? Why is it done in the home ...

The Association of Caribbean MediaWorkers (ACM) has strenuously objected to the Organisation of American States (OAS) sidelining of the 15-nation Caribbean Community (CARICOM) in the creation of a Center for Media Integrity of the Americas that would supposedly benefit the region. In a letter of protest to the OAS Secretary General, Luis Almagro, the ACM welcomed the proposed centre but ...

The Alliance For Change (AFC) on Sunday urged the Guyana g0vernment to hire international auditors to investigate the award of large-scale contracts, in the wake of an American news feature that cast the spotlight on alleged underhand dealings mainly with Chinese investors. The AFC’s call was triggered after news circulated earlier Sunday based on a Vice News report in which ...

Minister of Public Works II, Deodat Indar on Sunday related that the privately-owned Stabroek News newspaper has been informed that it was in possession of stolen company documents. That was although they were obtained from the Registry weeks before a burglary occurred, even as he dismissed claims of conflict of interest in the oil and gas sector. The company involved ...