Business

Sol service stations rebranding as Mobil in Guyana

The Sol Group has announced that it has signed an agreement with ExxonMobil to become Exxon’s licensee for the use of the Mobil brand in its network of service stations in Guyana. The move took effect from today. According to the company, as part of the operation, Sol’s retail network of 11 service stations will […]

Smuggling of goods, alcohol and poultry products causing Government and private sector to lose billions -says PSC Chairman

The Government as well as small and large businesses are losing out on billions of dollars annually in revenue due to the smuggling of goods, alcohol, poultry and other items, Chairman of the Private Sector Commission, Komal Singh complained today. Speaking at a PSC organised seminar on illegal trade, Mr. Singh said Guyana has been […]

Talking Dollars & Making Sense: The Importance of a Cash Flow Statement for Entrepreneurs 

By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to focus on one of the most important, yet often misunderstood, financial tools in business—the cash flow statement. If you’re an entrepreneur, understanding your cash flow is crucial to keeping your business afloat and planning for future growth. Whether you’re running […]

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 […]

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