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By Svetlana Marshall Minister of Natural Resources, Vickram Bharrat has announced that the Government of Guyana has finalized the new Production Sharing Agreement, and has retained all of its fiscal terms. Under the new model PSA, the Royalty on all petroleum produced and sold by the contractor has been increased from 2% to 10%. […]
A local administrative support and facilities management company, Vista Services Inc. is now the exclusive distributor of Fermax Video Access Control Systems in Guyana. In a statement, the company said the strategic partnership marks a significant milestone in its commitment to providing cutting-edge security solutions for households and businesses across the country. Vista Services Managing […]
By Rennie Parris Today, we’re diving into market analysis and crafting a robust marketing and sales strategy, specifically within the dynamic context of Guyana. Whether you’re an emerging entrepreneur or an established business owner, understanding your market and effectively reaching your customers are crucial steps towards sustainable success. Let’s unpack these concepts with examples from […]
With more than 140 exhibitors on show, this year’s International Building Expo, which opened last evening at the National Stadium, is being seen as the perfect platform to showcase the country’s housing sector and its offerings and opportunities, according to Minister within the Ministry of Housing, Susan Rodrigues. She told the opening ceremony that the […]
Guyana is optimistic that an almost seven-year ban on the exportation of catfish to the United States will be lifted, as the US Department of Agriculture’s Food Safety and Inspection Service conducts another review of documents submitted by Guyana. In 2017, Guyana was among several countries that were banned from exporting catfish to the US […]
By Rennie Parris Today, we’re exploring the steps to register your business in Guyana, whether you’re starting a sole proprietorship or a corporation. We’ll also cover the importance of becoming compliant with the Guyana Revenue Authority (GRA) and the National Insurance Scheme (NIS), and how the Small Business Bureau (SBB) can assist registered businesses. Understanding […]
Ghanaian Company, CONTRACTA, on Friday presented a feasibility study to the Georgetown Mayor and City Council on a project that could see the iconic Stabroek Market being transformed into a state-of-the-art facility featuring more than 1000 additional stalls, a fish market, a food court, more than 300 parking spaces for visitors and two docks to […]
By Rennie Parris In the second part of our series on transforming your business idea into a viable business, we’ll be focusing on creating a robust business model, which is crucial to understanding how your company creates, delivers, and captures value. Let’s dive in! Creating a Robust Business Model Creating a robust business model is […]
With gold declarations falling by 16%, the Alliance For Change (AFC) believes it is imperative that the Government takes critical steps to arrest the situation, not only in the gold Industry, but in the other non-oil sectors. At a press conference on Friday, Executive Member of the AFC, Juretha Fernandes said the first quarter report […]
A partnership between Scotiabank Guyana and Habitat for Humanity to teach youths Construction Technology Training and Disaster Risk Reduction culminated on Sunday with a graduation ceremony which saw twenty-four women among one hundred graduates. More than two hundred persons from across the country had applied for the programme, but only one hundred were chosen. Those […]
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