Gold Board in moves to assist small miners
Kaieteur News

The Guyana Gold Board (GGB) is consistently working to reduce challenges faced by small miners, as they contribute significantly to the economy. This is according to GGB Manager, Eondrene Thompson, who last week, assured...

Allegations of politics in the judiciary, stumbling blocks in business must be addressed – Boyer
Kaieteur News

The business community has concerns about several issues that remain unresolved. These concerns were reflected by leading businessman, Eddie Boyer who served in the Private Sector Commission (PSC) for the last two...

Guyanese scholar makes 2018 Class of Ignite Caribbean’s 30 Under 30 Honorees
Kaieteur News

US based Guyanese scholar, Kelly Hyles is among the 2018 Honorees for the 30, Under 30 Caribbean American Emerging Leaders/Change Makers Awards, which honours youths exhibiting leadership in academia, volunteerism and...

GRA working to secure level playing field for local and foreign investors
Kaieteur News

“The GRA (Guyana Revenue Authority) is not only working to enable a level playing field for both local and foreign investors but also at ensuring that concessions granted through Investment agreements are utilized...

Blue Power protects Guyanese market from Dominican competition
Jamaica Observer

Soap manufacturing company Blue Power has beefed up supplies in the Guyanese market, in addition to securing a contract with a Florida-based distributor as part of efforts to protect its revenue stream from unfavourable...

Less than 300 taxpayers account for 68 percent of GRA total revenue – GRA Boss
Kaieteur News

  By Abena Rockcliffe-Campbell What better place to talk about tax evasion than a room filled with influential businessmen and women? Guyana Revenue Authority (GRA) Commissioner General, Godfrey Statia, did not miss...

Desmond Sears is new PSC Chairman
Kaieteur News

The Private Sector Commission (PSC) yesterday at its Annual General Meeting (AGM) at the Marriott Hotel elected Desmond Sears, Chairman. Sears served as Vice Chairman of the Commission for the last two years. He is the...

Hope And Taylor Are Top Cricketers Of The Year
Spice Islander

BRIDGETOWN, Barbados – Shai Hope and Stafanie Talyor are the WINDIES male and female cricketers of the year respectively for 2017. The emerging cricketer of the year went to Guyana’s Keemo Paul. Cricket West...

ExxonMobil discovers more oil in Guyana
Jamaica Gleaner

  American oil giant, ExxonMobil has struck oil again this time at the Longtail-1 exploration well, making this the eighth successful discovery in Guyana. In a press release ExxonMobil’s partner Hess Corp said...

Guyanese Provide Canadian Youth With Entrepreneurial Training
Kaieteur News

Two Guyanese-born Canadians, Bishop Joseph Fisher, and social worker, Leyland Gudge, have collaborated to provide marginalized youth, 18 to 29 years old, in the Greater Toronto Area of Durham Region with a comprehensive...

Local entrepreneurs lack faith in Govt.’s ability to manage oil industry
Kaieteur News

  By Abena Rockcliffe-Campbell Much attention has been given to the lopsided contract that the Government of Guyana signed with ExxonMobil. The focus has been on the fact that Guyana’s share seems disadvantageous....

India offers Ex-Im credit support for exporters -as private sector also announces closer ties with Cuba, Canada
Kaieteur News

The local private sector has announced that it is upping its aggression to improve trade with Cuba, Canada and India. Yesterday, during an announcement by the Georgetown Chamber of Commerce and Industry (GCCI) on the...

SWFs aren’t enough to save economy when you become hooked on oil – Ramson
Kaieteur News

By Kiana Wilburg Top oil producing nations such as Norway and Algeria are well equipped with Sovereign Wealth Funds (SWFs). These accounts serve as a safe keeping for money derived from natural resources. The funds can be...

Jagdeo predicts Guyana would become worse off than Venezuela
Kaieteur News

“They (APNU+AFC officials) are just busy waiting on the dribble—the oil money. It is all they think of. They just have this obsession. But I am saying if we do not address these critical issues (regarding the...

Clutching Onto Straws
Kaieteur News

In the absence of desperately needed political traction, the PPP has latched on to a rusty political strategy which well-thinking Guyanese largely see as outdated, unproductive and tribal. In recent months, the PPP has...

Local businesses should get better than equal concessions
Kaieteur News

Concessions are one of the means countries like Guyana can attract foreign investors. And there have been many in the past years. These concessions are generally granted after the investors discuss with the authorities,...

Veteran Public/Private sector manager Dr Leslie Chin C.C.H, is a ‘Special Person’
Kaieteur News

   “Very important to me is the Pareto principle or the 80/20 rule which dictates that 20 percent of activities account for 80 percent of outcomes.” By Rehanna Ramsay He’s the visionary behind the...

IDB Invest ready to help link private/public sector
Trinidad Guardian

IDB Invest continues to play an instrumental role in the region and moreso in T&T as the entity seeks to strengthen partnerships for growth and development via public/private ventures. There’s also a strong call...

ExxonMobil announces the start of drilling off shore in Guyana
Jamaica Observer

GEORGETOWN, Guyana, (CMC) — The US-based oil giant ExxonMobil yesterday announced that it has started development drilling offshore.In a statement, the company said that the Liza Phase 1 development continues to...

PM Gonsalves: Forex squeeze impoverishing Vinceys
Trinidad Guardian

Prime Minister of St Vincent and the Grenadines Dr Ralph Gonsalves has argued that T&T’s foreign currency crunch is “impoverishing” Vincentians. Dr Gonsalves used the “high-level” session of a...

State owned enterprises were $7.9B below projection – Finance Minister reveals
Kaieteur News

The overall deficit of public enterprises was $13B for the year 2017. According to Finance Minister, Winston Jordan, this was one percent lower than projected at the time of the presentation of the 2018 budget. He made...

Govt., citizenry will help fashion national interpretation of local content – Harmon …Meanwhile, ExxonMobil continues to apply its own version
Kaieteur News

By Kiana Wilburg According to oil giant, ExxonMobil, all moneys it invests into the local economy can be considered “local content”. This interpretation is what influenced the list of 227 companies it submitted...

Former Jamaica PM wants 'serious face to face consultation' on CSME
Nation News

GEORGETOWN – Former Jamaica Prime Minister Bruce Golding Friday called for a “serious to face” consultation on the Caribbean Community (CARICOM) Single Market and Economy (CSME) to ensure its survival...

Local content is not ‘spending’ in the economy
Kaieteur News

Local content is a concept which is peculiar to foreign investment. A local company cannot be engaged in local content since conceptually local content is concerned with the portion of a foreign company’s operations...

Public-Private Partnership Policy to ensure value for money in public sector projects- Jordan
Kaieteur News

By Kiana Wilburg In an effort to fulfill its development objectives for Guyana, the Government will have to form partnerships with private partners. This collaboration will see private sector members participating more...

Historic US$150M GuySuCo bond shows confidence in economy – Devindra Kissoon
Kaieteur News

London House Chambers’ Attorney Devindra Kissoon said the historic US$150M bond secured for the Guyana Sugar Corporation (GuySuCo) represents confidence by investors in Guyana’s economy. Kissoon represented...

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