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The Food and Agriculture Organization of the United Nations (FAO), and the International Labour Organization (ILO) have teamed up under the FISH4CAP Project to help Guyana revitalize Fishing Cooperatives in the country and empower artisanal fisher folk. FISH4ACP is an initiative of the African, Caribbean and Pacific Group of States, and is implemented by the […]
The Caribbean’s oldest business chamber, the Georgetown Chamber of Commerce and Industry (GCCI) elected its first female President today after being in existence for 136 years. Managing Director of Dynotech Construction Chemicals and former Vice President of the Chamber, Kathy Smith, has been elected President of the GCCI. She replaces businessman, Kester Hutson, and will […]
During a recent engagement with a visiting team from the International Monetary Fund (IMF), the Private Sector Commission of Guyana drummed up the country’s economic growth and told the visiting team that unemployment in Guyana “is largely voluntary”. Guyana’s unemployment rate hovers around 12%, and with the growth of the economy and the oil and […]
by Svetlana Marshall Billionaire businessman, Nazar Mohamed, continues to express his frustration over the impact of the US sanctions on him, his son and their businesses and the Guyana Government’s recent moves not to renew a number of the family’s business licenses. Mr. Mohamed told News Source on Wednesday that the same Government that has […]
A legal challenge which was mounted against the Government over its handling of the country’s Natural Resources Fund (NRF) has been described as a “nuisance” by Attorney General, Senior Counsel Anil Nandlall. The Court action was filed by prominent Business Executive, Dr. Terrence Campbell. Campbell is a member of the NRF Investment Committee and he […]
“Guyana’s economic transformation is advancing at a strong pace,” an International Monetary Fund (IMF) team said in its preliminary report on the conclusion of the 2025 Article IV Mission. That growth has been linked to the country’s rapidly expanding Oil and Gas Sector, and advancements made in the non-oil sector. “Rapidly expanding oil production, […]
Retired Chief of Staff of the Guyana Defence Force, Dr. Gary Best believes Guyana has got to do more than investing in diplomacy to hold off Venezuela’s ongoing acts of aggression. Appearing on the Nation Watch television programme one day after the incursion of a Venezuelan military vessel in Guyana’s waters near the oil ships, […]
Nine months after being sanctioned by the US Government along with his son and their businesses, Guyanese business magnate Nazar Mohamed broke his silence this evening on the impact of those sanctions and the Guyana Government’s reaction. “To say that it hasn’t affected us in an understatement. Indeed, it has affected us greatly because our […]
Several persons caught mining illegally within the Iwokrama Protected area have been arrested and will face charges. The Iwokrama Conservation Centre announced today that a number of illegal miners were caught during an operation that was conducted by the Guyana Geology and Mines Commission along with Guyana Police Force and with support from Ministry of […]
The Ministry of Labour has launched a skills app – SkillsConnect – which is designed to bridge the gap in the Labour Market by connecting skilled, semi-skilled and even unskilled workers directly with companies. The app was launched at the Ministry of Labour Brickdam Office this morning by the Minister of Labour, Joseph Hamilton and […]
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