Business

Guyana Energy Conference launches new App focused on oil and gas sector

The Guyana Energy Conference has announced the launch of its EnergyEcho mobile application, which has been described as a “cutting-edge” platform that provides industry updates for the oil and gas sector, as well as insights from the Energy Perspectives podcast. The EnergyEcho App, which was designed by V75 Incorporated offers perspectives on international issues, as […]

Itel to close Guyana operations; Over 400 to lose jobs

Just four years after setting up its massive customer call centre in Guyana, the Itel company is preparing to hang-up its operations in the country, leaving hundreds of workers on the breadline. In an internal message to staff members today announcing the closure plans, the company explained that it was forced to make the decision […]

Talking Dollars & Making Sense: Demystifying the Balance Sheet 

By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re unraveling the mysteries of the Balance Sheet—a fundamental financial statement that every entrepreneur should understand. Whether you’re starting out or looking to expand your business, grasping the Balance Sheet is crucial for making informed decisions. We’ll use real examples from Demerara Distillers […]

GTT is now ONE Communications

GTT has transformed into ONE Communications, which is the new brand that brings together all of the company’s services while pushing its commitment to customers. At the launching last evening, Chief Executive Officer, Damian Blackburn explained that the rebranding to ONE Communications is the culmination of a journey that began in 2021. The company’s Chief […]

Citizens Bank pushes for further improvement of services with opening of new Mandela Avenue branch

Citizens Bank Guyana officially opened the doors to its new Mandela Avenue branch today. The branch was constructed to the tune of $1.8 Billion, and according to its Managing Director, Ethan Chester, the opening of the new branch not only signals confidence in the country’s economy, but the bank’s commitment to improving the quality of […]

Guyana records 49.7% GDP growth in first half of 2024

Fueled by a strong performing oil and gas sector, which has seen increased production and earnings, Guyana’s real economy grew by an estimated 49.7% in the first half of this year, according to the Ministry of Finance’s Mid-Year report. The report noted that the performance in the non-oil sector has also been good, with growth […]

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