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FINANCE

Local companies earn over US$1.6 billion under Guyana’s Local Content Act

Staff Reporter
Guyana’s Local Content legislation continues to deliver tangible economic benefits, with local businesses collectively earning more than US$1.6 billion since the law’s passage, according to Michael Munroe, the newly appointed Director of the Local Content Secretariat. Speaking on the “Starting Point” podcast, Munroe outlined the steady growth in contract awards to Guyanese firms operating within […]
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FINANCE

Gov’t to roll out reformed public assistance system in 2026 -Jagdeo

Staff Reporter
Vice President Dr. Bharrat Jagdeo has announced that government is in the process of reforming the public assistance system to ensure that vulnerable citizens can access support more fairly and quickly. Speaking at his weekly press conference, Jagdeo highlighted complaints from persons seeking help under the programme, particularly through the Board of Guardians. He said […]
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FINANCE

Stock Exchange Reform on the Horizon

Staff Reporter
Guyana’s stock exchange is poised for reform as the government seeks to make capital markets a central pillar of the country’s expanding economy. Vice President Dr. Bharrat Jagdeo said the current system, which has existed for decades, remains underdeveloped due to the limited number of companies willing to list publicly. “Many private firms still prefer […]
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FINANCE

Gov’t to close loopholes in foreign currency market, abusers to face crackdown -Jagdeo

Staff Reporter
Vice President Bharrat Jagdeo has made it clear that while Guyana’s foreign exchange market remains stable, the Government is moving to clamp down on individuals and entities who are exploiting the system. Speaking at his weekly press briefing, Jagdeo stated that there is significant evidence indicating that some foreign nationals, including individuals who are not […]
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