Business news and economic coverage from Guyana — oil sector growth, SME development, trade policy, and investment. La Caribeña News reports from the region's fastest-growing economy.
Michael Munroe, Director of Guyana's Local Content Secretariat, told a suppliers' forum in Georgetown on 4 November that the Secretariat intends to ask the oil companies what work might be set aside for small and women-owned businesses. The Act reserves 40 services and names neither.
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Guyana's register of awarded tenders prices 410 contracts in US dollars, worth US$1.96 billion. On 71 contract references the state awarded lots in both currencies on the same day, paying one supplier in US dollars and another in Guyana dollars.
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The eight contracts for the Craig to Land of Canaan highway, awarded in December 2024, do not appear on Guyana's register of awarded tenders. The register publishes no statement of what it covers, books one ministry under four spellings of its name, and carries 2,153 rows with no currency.
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Guyana awarded G$3,615,354,000 on 24 September 2026 for beacons, a vessel traffic service and port security systems on the Demerara Main Ships Channel. It is the seventh largest Guyana-dollar award on the register and the largest outside the health ministry's drug buying. No announcement followed.
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The column headed No. of Tenders/Proposals does not count the bids for the contract beside it on two-thirds of the register's 12,316 rows. One bridge advertisement put 634 on all 31 of its awards. Where the figure can only mean one contract, the median is six and 187 drew a single bid.
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B&J Civil Works beat five other bidders to a G$118 million contract from the Guyana Football Federation to build Phase One of the Blue Water Shipping Stadium at D'Urban Park. Beverly Tapp has led the Guyanese firm for thirty years, co-leading it from its founding.
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La Caribena News has published five hundred articles about business. In this opinion piece its founder argues that Guyana's organised private sector can speak publicly inside forty-eight hours when it chooses to, and asks what must hold before that voice is available to its own members.
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CEPAL put 2026 regional growth at 2.0 per cent on 22 October and Caribbean growth excluding Guyana at 1.2 per cent. The World Bank gave the same measure as 2.5 per cent earlier in October. On the headline for the region the two are a fifth of a point apart.
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Trinidad's Budget Statement of 12 October reports EXIMBANK disbursed US$555.7 million in foreign exchange since May 2025, 43 per cent to small and medium firms, and names four import-document patterns it now screens for. Guyana required the same documents a year earlier.
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The Guyana Geology and Mines Commission published the mining licences it issued on Amerindian titled lands, three in 2023 and one in 2024, and certifies that none issued without an agreement reached under free, prior and informed consent. Section 48 bars it from the negotiations.
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Uaru is the fifth phase of the Stabroek Block, which produces all of Guyana's oil. Two documents published days apart in August gave different start dates: the Ministry of Natural Resources expected September, CNOOC Limited scheduled the fourth quarter.
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Guyana's oil and gas industry expanded 41.3 per cent in the first half of 2026 on production of 163.3 million barrels. In the four weeks from 7 October, two governments made four official appeals for private investment. None named a figure.
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