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CARICOM leaders to discuss the implementation of Regional Payment System

President Ali, in his keynote address at the 31st Afreximbank Annual Meeting and the third edition of the AfriCaribbean Trade and Investment Forum disclosed, that Caricom will look at using…

Government orders comprehensive report on the implications of sanctions on Guyana’s Financial Sector

Vice President Bharrat Jagdeo announced that the Financial Intelligence Unit (FIU) and the Bank of Guyana were asked to prepare and submit a comprehensive report on what implications the sanctions…

Miners warned of legal consequences as GGMC cracks down on illegal gold trade practices

The Guyana Geology and Mines Commission (GGMC) has issued a notice reiterating the legal requirements for the sale of gold. The notice comes amid sanctions imposed by the US Department…

Guyana introduces cashless payment options for fuel purchases

In a move towards modernization, the Guyana Oil Company Limited (GUYOIL) has introduced a new Point-of-Sale (POS) payment service. The latest POS payment service seeks to significantly enhance the way…

GGMC announces medium-scale mining lottery 

The Guyana Geology and Mines Commission (GGMC) is hosting a lottery for medium-scale mining blocks on Friday, June 21st, 2024, at the Mahdia Oval Ground. This lottery provides an opportunity…

US sanctions Guyanese gold magnates Nazar and Azruddin Mohamed, and government official

Full Statement from the U.S Department of Treasury below June 11, 2024 Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned members of one of Guyana’s…

Investment Opportunities in Guyana’s Manufacturing Sector

The Guyana Manufacturing and Services Association (GMSA) in its 2023 annual report released earlier this year, revealed that the manufacturing sector grew by 25%, recording an impressive revenue of 70…

Investment opportunities in Guyana’s Agricultural Sector

Guyana’s agriculture sector is filled with incredible investment opportunities. Numerous opportunities abound for the mechanization and modernization of the sector as well as for the development of climate-resilient projects. The…

Guyana and Suriname ink agreement to enhance trade

The Guyana Office for Investment and the Suriname Investment and Trade Agency on Thursday, June 5 entered an agreement in the form of an MoU to enhance trade and Foreign…

GCCI and IPED in talks for collaboration for access to finance and capacity building for members

On June 6, the Georgetown Chamber of Commerce and Industry (GCCI) held a pivotal meeting with the Institute of Private Enterprise Development (IPED) to discuss a strategic partnership aimed at…