Business

The Georgetown Chamber of Commerce and Industry (GGCI) on Wednesday urged the Guyana g0vernment not to sign a memorandum of understanding with Trinidad and Tobago unless that twin-island nation removes a series of non-tariff barriers. Up to late Wednesday, GCCI President Timothy Tucker said the Guyana government did not inform him whether it would heed the business organisation’s call not ...

One year after acquiring a Guyanese contact center, itel, the international award-winning customer experience provider, announced that it has already invested over US$1 Million dollars in upgrades to the facility with plans to invest a total of US$4 million to bring the site to a world-class standard by July 2022.  Late last year, itel’s Founding Chairman and CEO, Yoni Epstein, ...

Prospective hemp farmers along the Soesdyke-Linden Highway on Sunday said they want government to give them the greenlight to produce that herb there rather than merely confine cultivation to Region Six (East Berbice-Corentyne) and Region 10 (Upper Demerara- Upper Berbice). Under the banner of the one-month old Hemp Farmers Association of Guyana (HFAG), Leon Saul, they plan to formally request ...

The President of the Guyana Road Safety Council, Ramona Doergen on Sunday welcomed government’s plan to amend the law to permit the charging of intoxicated drivers with manslaughter if they cause death by dangerous driving. She said  dating back to 2006 the Council had been advocating for the Motor Vehicles and Road Traffic Act to be changed to allow for ...

Attorney General Anil Nandlall on Thursday defended his ministry’s construction of an GY$8.05 million parking shed, in the wake of a report that it would amount to the cost of more than two turnkey homes. “The current parking shed is decades old, is dilapidated and unless demolished or repaired, would damage government and private vehicles parked under it. It is ...

Finance Minister Dr. Ashni Singh on Thursday announced that Guyana was preparing to export manganese for the first time in 54 years. Addressing the formal opening of the Private Sector Commission’s Annual General Meeting, he said ships were moored in the North-West District and loading the mineral for export. “Guyana, I believe, this very week will resume exports of manganese ...

The Guyana Telephone and Telegraph (GTT) company on Wednesday announced that it has joined with its United States-based shareholder, ATN International, to launch a call centre in Guyana that would serve the telecoms company and clients worldwide through a mix that would include decentralised at-home operations. GTT said its 214-member  Customer Care team that was hired and trained over the ...

At least 23 staff members of the state-owned Guyana National Newspapers Limited (GNNL), the publisher of the Chronicle newspaper, have petitioned President Irfaan Ali for the removal of editor-in-chief Tajeram Mohabir, claiming that he has displayed poor leadership and contributing to increased operational costs. “We believe that his removal as EIC would facilitate the development of the editorial department in ...

The Guyana government on Tuesday announced that government has withdrawn US$200 million (GY$41.7 billion) from the Natural Resource Fund (NRF), the first such drawn down from the facility of oil revenues. Finance Minister Dr. Ashni Singh was quoted in an official statement as saying that the money has been transferred from the NRF to the Consolidated Fund to “finance national ...

President Irfaan Ali on Saturday night urged  the Guyanese Diaspora in Canada take advantage of growing economic opportunities in their homeland, even as Governance Minister Gail Teixeira said the Guyanese at home alone could not develop Guyana. “The Diaspora is a powerful tool but the Diaspora cannot be lazy. The Diaspora cannot be reactive, You have to be proactive. The ...