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Local conglomerate Banks DIH Limited has recorded profits of $7.5 Billion for the year 2022, which represents a 12% increase in the company’s profit margin over the previous year. The company said it also recorded an increase in its revenue by more than 10%. Total revenue generated in 2022 topped more than $39.6 Billion, which […]
In a dramatic operation after receiving a distress signal, members of the Coast Guard of the Guyana Defence Force rescued six crew members of a vessel after it sank out in the Atlantic. According to the GDF, at around 11:30 on Monday morning, a distress signal was received by the Timehri control tower and the […]
A Moruca, North West District Pastor was killed in a boat accident this afternoon. The accident victim has been identified as Rudolph Henry. Reports reaching News Source indicate that the boat collision occurred at around 2pm today in the Moruca Sub-District just outside of Santa Rosa. Reports out of the area indicate that while negotiating […]
The Guyana Public Service Union, while wishing its members all the best for the festive season, has some harsh words for the government over its handling of the issue of salary increases, salary adjustments and the general well-being of public servants. In its Christmas message, the GPSU said public servants, for the most part will […]
Leader of the People’s National Congress Reform, Aubrey Norton has started his search for the next General Secretary of the People’s National Congress Reform. The move comes following the resignation of Party Executive Member, Geeta Chandan-Edmon from the position. Norton has indicated that he will announce his choice for the post within the next week […]
A post-mortem examination carried out on the body of the 11-year-old girl who was found dead under a hammock in her family’s yard has revealed that she died from suffocation. The young girl, Tinesha Johnson of Corentyne, Berbice was reportedly seen swinging in the old hammock moments before the tragedy. Her mother told Police investigators […]
Reflecting on 2022 as a good year for the oil and gas sector in Guyana, President of ExxonMobil Guyana Alistair Routledge today said investments in Guyana’s human capital is paying dividends with more than 4,400 Guyanese currently supporting the local oil and gas Industry, with local suppliers raking in more than G$140 Billion since the […]
Guyana’s Oil Sector is expected to expand by 113% by the end of 2022 while its non-oil economy is projected to have a better-than-expected turnout of 9.6% as against the 7.7% growth projected at the start of the year. The Inter-American Development Bank (IDB) made the disclosures in its quarterly report which was released on […]
APNU+AFC Chief Scrutineer Carol Smith-Joseph was placed on bail today totaling $140,000 when she appeared in the Mahaicony Magistrate’s Court to face 14 fraud charges, related to her previous work at the. Mahaica Abary Rice Development Scheme. The West Coast Berbice politician was not required to enter a plea to the indictable charges which were […]
President Irfaan Ali today announced that members of the Joint Services will be receiving their one-month annual bonus, in addition to the 8% salary increase and salary adjustments that were recently announced. Addressing ranks of the Guyana Defence Force today, the President said the one month’s bonus is part of his administration’s commitment to provide […]
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