Government announces reduction of fuel prices

The government has announced that effective from February 1, 2016, the state owned oil company, Guyoil, will reduce the cost for gasolene to $170 per litre. Currently the price stands at $190 per litre. The price for diesel will be reduced to $150 per litre from the current $161 and the price for a litre […]

$300 Million for 50th Independence Anniversary Celebrations

Finance Minister Winston Jordan has announced that the government has allocated $300 Million to cover all costs associated with the hosting of the various celebrations for Guyana’s 50th Independence anniversary. Minister Jordan said that the government has been paying close attention to national cohesion and will be pushing that message throughout this 50th year of […]

Guyana’s economy has started to rebound -Finance Minister

In his second National Budget in less than six months, Guyana’s Minister of Finance, Winston Jordan, told the National Assembly that Guyana’s economy has started to see a turn around. Mr. Jordan in his budget presentation reflected on the economy over the past year, pointing out that the last budget was presented just after the […]

Exxon Mobil gears up for drilling of 2nd well

Minister of Natural Resources, Mr. Raphael Trotman, and a team on Thursday toured oil giant ExxonMobil’s storage yard at the Wieting and Richter Wharf to get a closer look at the company’s drilling pipes and other equipment, as it prepares to start drilling its second well here. Minister Trotman was accompanied by Minister of Business, […]

“Gary Talk Out” wanted for abduction of Alpha goalkeeper and other man

The Guyana Police Force on Thursday afternoon issued a wanted bulletin for 40-year-old Gary Mervin Primo called ‘Gary Talkout’. He is wanted for questioning in relation to investigations into the abduction of 28-year-old Alpha United goalkeeper Ronson Anthony Williams and 21-year-old Carlos Anderson. The two men have not been seen since September 2015 and family […]

LIAT removes fuel surcharge on tickets in wake of low oil prices

Regional carrier, LIAT, has announced the complete removal of fuel surcharges on all new tickets booked, effective 1st March 2016. According to a statement from the airline, Chief Executive Officer David Evans said oil is now trading at a 12-year low, ending a decade of high jet fuel costs, which has impacted the price of […]

Opposition Leader wants GRA Board to answer claims by ousted Commissioner General

Leader of the Opposition, Bharrat Jagdeo wants the government or the Board of the Guyana Revenue Authority (GRA) to respond to the allegations of sacked Commissioner General Khurshid Sattaur. Weighing in on the matter on Wednesday, Jagdeo said the revelations by Sattaur, though vague, were damning and believed the government’s silence on the matter was […]

Man busted at Ogle Airport with cocaine in underwear

An early morning cocaine bust at the Ogle International Airport on Thursday has led ranks of the police narcotics branch to recover a total 518 grams of cocaine. The bust occurred around 05:30am and resulted in a Guyanese National being arrested. The man was an outgoing passenger at the Ogle Airport. The cocaine was found […]