 |        |   |  |
The Guyana Association of Bankers has announced the appointment of Country Manager for ScotiaBank Guyana, Nafeeza Gafoor, as its new Chairperson. Gafoor, who has worked in the banking industry for more than two decades, previously held the position of Vice Chairperson of the Association. The Association also announced that the Chief Executive Officer of Demerara […]
As the Government continues to push back on the latest Corruption Perception Index (CPI) report from Transparency International, Minister of Governance and Parliamentary Affairs, Gail Teixeira, believes the findings of the report should be interpreted with caution and supplemented by independent, evidence-based assessments of the state’s governance and anti-corruption performance. In a statement, Minister Teixeira […]
Shipping and Logistic Companies, Muneshwers Limited and John Fernandes Limited have joined forces and have commissioned Guyana’s first Mobile Harbour Cranes, through their joint venture company, Cranes Guyana Inc. Mobile harbor cranes are used to load and unload cargo from ships at ports. Prior to the launching of the company, ships would have had to come […]
United States, Assistant Secretary of State for Western Hemisphere, Brian Nichols has confirmed that Guyana has received initial approval for a US$500M loan from the US Export-Import Bank for its Gas-to-Energy project. Guyana had approached the bank seeking US$646M to assist with the construction of the project. At a media briefing yesterday, the US State […]
On Wednesday, the Government will be asking the National Assembly to approve $30.5B to facilitate the $100,000 one-off cash grant initiative targeting Guyanese 18-years and older. The $30.5B forms part of the $84.5B being sought in supplementary funding by the Government. Senior Minister with responsibility for Finance, Dr Ashni Singh said the Government is looking […]
While slamming “disinformation” that it says is being shared by the People’s National Congress and the Working People’s Alliance about the registration for the $100,000 cash grant initiative, the Government of Guyana has explained that the registration process for the grant is meant to guard against double dipping and fraud. The PNC and the WPA […]
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to discuss a topic that’s crucial for entrepreneurs looking to finance their business—loans. Whether you’re starting a business or trying to grow an existing one, securing the right type of loan can make all the difference. In this column, we’ll focus […]
Demerara Distillers Limited (DDL) has announced that it has successfully resumed production at several of its facilities following a fire which ripped through its power plant last Friday. In a statement, DDL said the TOPCO plant, responsible for producing Topco fruit juices and Savannah milk products, is fully operational, while the Wines and Spirits plant […]
Vice President Bharrat Jagdeo today announced that since the introduction of the Government’s loan forgiveness programme for University of Guyana students, some 346 students have benefitted to the tune of $203.7M. At his weekly press conference this afternoon, Mr. Jagdeo said the Government is seeking to write-off an additional 2,900 student loans this year which […]
Vice President Bharrat Jagdeo has once again issued a warning to Permanent Secretaries and Regional Executive Officers that the Government will not tolerate deviation from procurement rules in the award of contracts. The Government has embarked on a massive infrastructure programme that has seen billions of dollars being dolled out in contracts. But many of […]
 |  |
