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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 […]
International luxury hotel company, Blazon Hotels, has announced its decision to construct a new sustainable luxury hotel in Guyana, as part of its international expansion. The hotel will be constructed at Ogle. Blazon Hotels is a luxury hospitality brand managing an exclusive portfolio of hotels acrossEurope, the Middle East, Africa, and India The Guyana project […]
By Svetlana Marshall The President of ExxonMobil Guyana, Alistair Routledge has told the Guyana Energy Conference and Supply Chain Expo that the vision for gas development in Guyana does not stop at Wales, but includes maximizing the country’s natural gas to power an Alumina Plant, in addition to a Data Centre and a Fertilizer Plant. […]
By Svetlana Marshall The US$2 Billion Gas-to-Energy Project, which includes a 300MW Power Plant and Natural Gas Liquids (NGL) facility at Wales, will face additional delays, according to Government Consultant, Winston Brassington disclosed today. As he addressed oil and gas experts and industry leaders at the Guyana Energy Conference this morning, Mr. Brassington explained that […]
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