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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 […]
With the iTel company announcing its plans to completely shut down its Guyana operations in November, the Labour Ministry has started to engage the company to ensure the more than 400 workers to be laid off are treated correctly and in cases where severance packages have to be offered, those packages are offered. Labour Minister, […]
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 […]
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 […]
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 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 […]
The 2025 edition of the Guyana Energy Conference and Supply Chain Expo was launched this morning with a plan to present Guyana as more than just an oil and gas country, but rather as a country that can facilitate growth in a number of other industries. Speaking at the launch, Chief Executive Officer of the […]
Citizens Bank Guyana officially opened the doors to its new Mandela Avenue branch today. The branch was constructed to the tune of $1.8 Billion, and according to its Managing Director, Ethan Chester, the opening of the new branch not only signals confidence in the country’s economy, but the bank’s commitment to improving the quality of […]
Fueled by a strong performing oil and gas sector, which has seen increased production and earnings, Guyana’s real economy grew by an estimated 49.7% in the first half of this year, according to the Ministry of Finance’s Mid-Year report. The report noted that the performance in the non-oil sector has also been good, with growth […]
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re breaking down the Income Statement, a crucial financial document that tells the story of a business’s profitability over time. Whether you’re a season financial professional or a small business owner without a finance background, this column is designed for you. We’ll use […]
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