New Finance Minister guarantees national budget by September

Guyana’s new Minister of Finance, Winston Jordan intends to have a National Budget prepared and presented to the National Assembly for consideration by September. Jordan, who previously served as Head of the Budget Agency within the Ministry of Finance and is a highly trained and respected Economist, assured that the 2015 budget will cater for […]

Exxon Mobil announces significant oil discovery offshore Guyana

IRVING, Texas, May 20, 2015 – Exxon Mobil Corporation today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely drilled […]

GT&T’s CEO resigns to explore other “non-corporate interests”

The Guyana Telephone and Telegraph Company (GT&T) on Wednesday announced that its Chief Executive Officer, RK Sharma has tendered his resignation to explore non-corporate interests. Mr. Sharma was appointed CEO of the telephone company just over 2 years ago and earlier this year he had appeared set to continue in the position for a long […]

Parts of Lethem trail flooded as culvert breaks away during downpour

Several parts of the Lethem trail between the villages of Yakarinta and Massara, are under water following late night showers on Tuesday. Residents and persons traversing the area woke up to the flooded streets and fields on Wednesday morning. According to reports out of the area, a creek in the area became swollen following heavy […]

President instructs Top Cop to put all transfers on hold

Commissioner of Police Seelall Persaud has been instructed by President David Granger to immediately put on hold all transfers of Police commanders and senior police officers. The Police Commissioner on Monday started to transfer a number of senior police officers to different positions in different divisions. The government only appointed Assistant Police Commissioner Brian Joseph […]