Close Menu
DemocracyGuyana.comDemocracyGuyana.com

    Subscribe to Updates

    Get the latest news from DemocracyGuyana.com

    What's Hot

    Lamborghinis, Lies & Loot: How the Mohameds Built a Corrupt Empire of Fraud, Flaunted Wealth, and Ultimately Got Caught with Their Pants Down by US law enforcement, While Also Attempting to Buy Respect, Evading Taxes, and Being Exposed by the Truth

    May 30, 2025

    ELECTIONS 2025 SET FOR SEPTEMBER 1– PRESIDENT IRFAAN ALI HAS KEPT HIS PROMISE

    May 29, 2025

    From Sanctions to Political Office: The Audacity of Azruddin Mohamed—Guyana’s Biggest Political Joke. There are alleged rumours in Guyana that Nazar and Azruddin Mohamed will be extradited to the U.S. for trial.

    May 29, 2025
    Facebook X (Twitter) Instagram
    • About DG
    • Join as Volunteers
    • Become a Member
    Facebook X (Twitter) Instagram YouTube TikTok
    DemocracyGuyana.comDemocracyGuyana.com
    Jet Global Airways
    • Home
    • Diaspora
    • Guyana News
    • Global News
    • Artificial Intelligence
    • Business Opportunities
    • Advertise with us
    • Photo Gallery
    • Videos
    • World Newspapers
    • Contact Us
    DemocracyGuyana.comDemocracyGuyana.com
    Home»Featured»Dolla Financial Claim of Political Instability To Exit Market, patently false
    Featured

    Dolla Financial Claim of Political Instability To Exit Market, patently false

    Joel BhagwandinBy Joel BhagwandinNo Comments2 Mins Read4,954 Views
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
    Joel Bhagwandin
    Share
    Facebook Twitter LinkedIn Pinterest Email

    At Vice President, Dr. Bharrat Jagdeo’s press conference yesterday (May 23, 2024), a reporter disclosed that a financial services company, namely “Dolla Guyana Inc.”has apparently claimed that due to political instability in Guyana, that the said company is forced to exit the market.

    Let me state categorically that I am familiar with this company and their situation. The company’s claim that it is “political instability” the reason for their exit from the market is patently false, misleading, and mischievous.

    The company has been operating in the market for quite some time now and has not been performing well financially. Their poor performance, however, has absolutely nothing to do with the economy. It has to do with bad management and laziness on their part. The company is a Jamaican company, does not have a single Guyanese at the local management level, the top management with responsibility for the Guyana market wants to manage and grow the company out of an office in Jamaica. Obviously, if that is their approach to business, it is a failed formula upon arrival.

    Ironically, the Jamaican business sector has deep interest in seeking out opportunities in Guyana. In fact, only recently a Jamaican delegation was in Guyana during the period May 12-15, where they engaged the Business Support Organizations in Guyana, exploring local partnerships and opportunities. There is also a large Jamaican financial institution that is operating in the market.

    I would therefore like to urge the relevant authorities to closely monitor and/or intervene in the company’s exit, ensure that the local employees are treated in accordance with the laws of Guyana. Furthermore, the company’s management owes their employees and Guyana an apology for their patently false claim of political instability.

    Featured Bottom Left
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Joel Bhagwandin
    Joel Bhagwandin

    Related Posts

    Lamborghinis, Lies & Loot: How the Mohameds Built a Corrupt Empire of Fraud, Flaunted Wealth, and Ultimately Got Caught with Their Pants Down by US law enforcement, While Also Attempting to Buy Respect, Evading Taxes, and Being Exposed by the Truth

    ELECTIONS 2025 SET FOR SEPTEMBER 1– PRESIDENT IRFAAN ALI HAS KEPT HIS PROMISE

    From Sanctions to Political Office: The Audacity of Azruddin Mohamed—Guyana’s Biggest Political Joke. There are alleged rumours in Guyana that Nazar and Azruddin Mohamed will be extradited to the U.S. for trial.

    It is the opposition that is not ready for an election

    Posturing is important

    Shashi Tharoor’s Diplomatic Visit to Guyana: Strengthening Ties and Addressing Global Terrorism

    Leave A Reply Cancel Reply

    Top Posts

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024100K Views
    Don't Miss

    Lamborghinis, Lies & Loot: How the Mohameds Built a Corrupt Empire of Fraud, Flaunted Wealth, and Ultimately Got Caught with Their Pants Down by US law enforcement, While Also Attempting to Buy Respect, Evading Taxes, and Being Exposed by the Truth

    In what is shaping up to be one of Guyana’s most disgraceful spectacles of deception,…

    ELECTIONS 2025 SET FOR SEPTEMBER 1– PRESIDENT IRFAAN ALI HAS KEPT HIS PROMISE

    May 29, 2025

    From Sanctions to Political Office: The Audacity of Azruddin Mohamed—Guyana’s Biggest Political Joke. There are alleged rumours in Guyana that Nazar and Azruddin Mohamed will be extradited to the U.S. for trial.

    May 29, 2025

    It is the opposition that is not ready for an election

    May 29, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    72

    Over 50 poisoned at wedding in Iraq

    8.9

    EAM Jaishankar Meets Guyanese PM Mark Phillips, Discuss Energy, Disaster Resilience And Defence Cooperation

    Most Popular

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024100K Views
    Our Picks

    Lamborghinis, Lies & Loot: How the Mohameds Built a Corrupt Empire of Fraud, Flaunted Wealth, and Ultimately Got Caught with Their Pants Down by US law enforcement, While Also Attempting to Buy Respect, Evading Taxes, and Being Exposed by the Truth

    May 30, 2025

    ELECTIONS 2025 SET FOR SEPTEMBER 1– PRESIDENT IRFAAN ALI HAS KEPT HIS PROMISE

    May 29, 2025

    From Sanctions to Political Office: The Audacity of Azruddin Mohamed—Guyana’s Biggest Political Joke. There are alleged rumours in Guyana that Nazar and Azruddin Mohamed will be extradited to the U.S. for trial.

    May 29, 2025
    Popular Categories
    • Global News
    • Election Rigging
    • Sports
    • Special News
    Do you want to associate with us
    • Business Opportunities
    • Advertise with us
    • Contact Us
    • www.democracyguyana.com Guyana – London – India

      For more information, contact us.
    DemocracyGuyana.com
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    • About DG
    • Become a Member
    • Join as Volunteers
    • Forum
    • Advertise with us
    DG BRANCHES: GUYANA, USA, CANADA, UK, CARIBBEAN, AND INDIA
    © 2025 DemocracyGuyana.com.

    Type above and press Enter to search. Press Esc to cancel.