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Of the 506 complaints received by the Competition and Consumers Affairs Commission last year, 156 were related to the auto industry, which includes sales, repairs and parts. In a statement today, the Consumers Affairs Commission indicated that complaints against the auto industry totaled more than $312 million in value. Reflecting on its 2025 work, the […]
Local telecommunications giant, One Communications, has announced the appointment of Abraham Smith as its new Chief Executive Officer. In a statement this morning, One Communications indicated that Smith brings more than two decades of senior leadership experience across the Caribbean and Latin America, including recent CEO-level stewardship of one of the region’s largest and most […]
One of Guyana’s largest conglomerates, Banks DIH Limited, has recorded an after-tax profit of $9.8 Billion for the year 2025. It is a minimal increase in the after-tax profit of 2.3%. The before tax profit was $13.7 Billion as compared to $13.4 Billion in 2024, thereby increasing by just over 3%. In 2025, the company […]
Regional carrier, InterCaribbean Airways, has officially launched its scheduled service to the Eugene F Correia International Airport, Ogle from Barbados. The airline has been operating in Guyana through the Cheddi Jagan International Airport, Timehri. To mark the launch of the Ogle service, the airline dedicated its specially painted “Spirit of Guyana” aircraft. The “Spirit of […]
By Svetlana Marshall The Government of Guyana, through the Ministry of Natural Resources, today signed off on a Production Sharing Agreement (PSA) for a shallow-water Block offshore Guyana with a consortium comprising TotalEnergies, QatarEnergy and PETRONAS. It is the first PSA to be inked since the signing of the Production Sharing Agreement with U.S oil […]
The Auditor General, in his report on the Public Accounts of Guyana for 2024, revealed that that the Government is still to recover $121.7M from Tepui Group Inc after it rescinded the controversial multi-million-dollar Belle Vue Pump Station Contract from the company owned by social media commentator, Mikhail Rodrigues, aka “Guyanese Critic”. According the Report […]
The Georgetown Chamber of Commerce has commissioned its Micro and Women Entrepreneur Learning Centre, in keeping with its mandate to support the growth and development of small businesses, in particular, women-led businesses and farmers. The Learning Centre was developed through a partnership with the World University Services of Canada (WUSC) with funding from Global Affairs […]
By Svetlana Marshall The 3rd International Business Conference (IBC) opened today with the aim of strengthening collaboration and innovation while sharing success in the business world. As Guyana harnesses its vast natural resources to fast track development, the International Business Conference is seen as an important platform to guide sustainable capital towards key sectors and […]
Telecommunications company Digicel will be further investing to expand fibre services in Guyana to meet the growing demand, according to the company’s CEO for Caribbean & Central America, Marcelo Cataldo . Already, the Digicel Fibre service is available in some communities in Region Four, but with the housing expansion, the company believes that it must […]
US-based Guyanese, Dwayne Lustal, who is originally from Linden, has officially launched his own tequila brand – Gran Latsul Tequila. During a recent visit to Guyana, he explained that as a young entrepreneur, his goal in starting the business was not just to build a brand, but to gain freedom and create a way to […]
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