Business

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 ...

Vice President Bharrat Jagdeo on Sunday fended off fresh claims that he takes bribes from Chinese investors and said he would possibly take legal action against Guyana-based Chinese businessman, Su Zhi Rong for sullying his name and engaging in extortion. “Su denied having said this. Now, I have seen the release that he has actually said this so now I’ll ...

Vice President Bharrat Jagdeo has indicated that he facilitates investment deals but does not get into the actual financial transactions, during facilitation talks at his residence by Chinese businessman, Su Zhi Rong, in the presence of Vice News journalists posing as Chinese investors who were interested in a large scale investment opportunity for prime lands that could accommodate a hotel ...