Trade, industry and the economy — tracking how Guyana's rapid growth reaches businesses and households across the country.
Editorial… (Kaieteur News) – Official figures are that Guyana received US$1.127B in profits for the second quarter of 2026. ExxonMobil is poised to report its profit for the same second quarter. What will it be, with an eye firmly fixed on Guyana’s contribution to the company’s overall profit? In a half and half profit-sharing formula, it […] The post Half profit share appeared first on Kaieteur News.
(Kaieteur News) – Travellers between Guyana and Suriname will soon be able to book their ferry crossings online, following a joint bilateral meeting between the boards of the Canawaima Ferry Service of Guyana and the Republic of Suriname held on Wednesday in Nickerie, Suriname. According to the Ministry of Public Works (MoPW), the meeting was convened […] The post Guyana, Suriname Ferry Service to introduce online booking system appeared first on Kaieteur News.
…company says acquisition will fuel growth, investment and long-term expansion (Kaieteur News) – First Bauxite has announced a change in ownership, with the company confirming that it has entered into an agreement under which Strategic Bauxite has acquired the mining company. The announcement was made in a press release issued by First Bauxite on July 15, […] The post First Bauxite sold to Strategic Bauxite in ownership shake-up appeared first on Kaieteur News.
(Kaieteur News) – Turkish powership company Karpowership has launched a trainee and internship programme designed to provide young Guyanese with practical exposure to the country’s power generation industry, while simultaneously supporting the development of a skilled local workforce. In a statement to the media on Friday, the company said the initiative is a reflection of its […] The post Turkish powership company launches trainee, internship programme to improve Guyana’s energy workforce appeared first on Kaieteur News.
(Kaieteur News) – One Communications, formerly known as the Guyana Telephone and Telegraph Company (GTT), led the telecoms sector in consumer complaints last year, accounting for 124 of the 128 complaints received by the Public Utilities Commission (PUC) in 2025. The PUC in its annual report shows Digicel received three complaints, unchanged from 2024, while Enet […] The post 124 complaints lodged against One Communications in 2025 – PUC appeared first on Kaieteur News.
(Kaieteur News) – Guyana’s gold declarations reached 233,000 ounces by mid-2026, roughly 25,000 ounces ahead of the same period last year, according to Minister of Natural Resources Vickram Bharrat. At an approximate gold price of US$4,100 per ounce, those declarations are valued at about US$955 million — a figure that will move with the market price […] The post Gold declarations hit US$955M by mid-2026 appeared first on Kaieteur News.
…Govt. rejects “misleading narrative,” vows to defend itself (Kaieteur News) – VAMED Engineering GmbH, a Vienna-based international healthcare infrastructure provider, announced Thursday that it will pursue international arbitration against the Government of Guyana over unpaid, certified costs on two major hospital construction projects — a claim the government has firmly rejected, calling VAMED’s account a “misleading […] The post Austrian company to begin int’l arbitration over unpaid hospital contracts appeared first on Kaieteur News.
Editorial… (Kaieteur News) – Guyana now qualifies to be a jewellery store that is without equal, beyond compare. From oil to gold, the language is exciting and flashy. Looking on the bright side, it is almost inevitable that fields under exploration for uranium could join the foreign investor orchestra currently performing at high volume. A group […] The post Like oil, like gold appeared first on Kaieteur News.
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