
PRESS RELEASE: GMSA Congratulates the PPP/C on Winning the 2025 General and Regional Elections
Georgetown, Guyana, September 7, 2025: The Guyana Manufacturing & Services Association (GMSA) extends heartfelt congratulations to the People’s Progressive Party/Civic (PPP/C) on their victory in the General and Regional Elections held on Monday, September 1, 2025. We also congratulate President Elect, Dr. Mohamed Irfaan Ali, as he commences his second term as President of the Cooperative Republic of Guyana.
The GMSA looks forward to working closely with the government of Guyana in achieving the vision plan outlined in their 2025 manifesto to further advance the development of Guyana’s economy. The manifesto, over the next five years presents a framework for achieving a new era of economic growth and industrial modernization, based on strategic investments, targeted policies, and collaborative efforts across all sectors of society.
We also commend the public for their peaceful participation in the elections and the professional and diligent work by the Guyana Elections Commission. This demonstration of democratic maturity reflects the unity and resilience of our people as we continue to build a stronger nation.
The GMSA extends congratulations to all other political parties that participated in the elections. Their involvement enriches our democracy and ensures that the voices of all Guyanese are represented in the national dialogue.
As we move forward, the GMSA remains confident in Guyana’s future. With collaboration and shared vision, our country is poised to achieve sustainable growth and prosperity for all.
– END –
Read More
PRESS RELEASE: GMSA Condemns WIN’s Boycott Call: A Dangerous Assault on Private Enterprise and National Stability
Georgetown, Guyana, August 2, 2025: The Guyana Manufacturing and Services Association (GMSA) strongly condemns the recent statement issued by the political party We Invest in Nationhood (WIN), which called for a public boycott of several longstanding Guyanese businesses.
The GMSA reiterates that political competition must never come at the cost of economic sabotage. Our business community must not be politicized and attempts to weaponize the private sector is destructive to national progress. We have always championed efforts for the Guyanese business environment to be seen as a credible economy, and statements such as these serve only to introduce uncertainty.
The businesses named in WIN’s boycott are among the largest manufacturers in Guyana’s private sector. They collectively sustain thousands of jobs, contribute significantly to national revenues, and provide goods and services essential to everyday life. Several of these companies are publicly traded and have a legal and fiduciary responsibility to their shareholders, many of whom are ordinary Guyanese citizens with savings and investments tied to the success of these institutions.
Furthermore, Commercial banks have a legal obligation to manage risk and uphold compliance with international standards, including Office of Foreign Assets Control (OFAC) sanctions and anti-money laundering regulations. They also carry a fiduciary responsibility to safeguard the interests of depositors, shareholders, and the country’s financial stability.
If any party feels aggrieved by the actions of a private business, Guyana’s judicial system remains the appropriate and available forum for resolution.
The GMSA stands in firm solidarity with all law-abiding businesses that have contributed tirelessly to Guyana’s development. We call on all political actors to exercise restraint, act responsibly, and put the interest of the nation above partisan ambitions.
Let us not undermine the private sector, the very engine of Guyana’s economic future.
– END –
Read More