By News Source Guyana on December 12, 2019
News
Approximately 3000 house lots have been allocated annually since 2015, but the Government plans to increase that number to 5000. Chief Executive Officer of the Central Housing and Planning Authority Lelon Saul told reporters earlier this week that an increase in the allocation of house lots will help to significantly reduce the current backlog of […]
By News Source Guyana on December 12, 2019
News, Politics
The decision to place Guyana’s revenue from oil in the United States Federal Reserve Bank has been defended by the Finance Minister. Finance Minister Winston Jordan supported by the Central Bank Governor Dr. Gobin Ganga both agreed that placing the finances from the Natural Resources Fund (NRF) in US reserve is the best move. Their […]
By News Source Guyana on December 12, 2019
News, Politics
Republic Bank is reassuring customers that the problems and issues related to its recent system upgrade will all be rectified by this weekend. In a statement, Republic Bank is now indicating that 82% of its Point of Sale Terminals are now operable, facilitating customers’ payments at merchants, while the bank continues to address those outstanding […]
By News Source Guyana on December 12, 2019
News, Politics
As anticipation continues to mount for the production of oil in Guyana, the ExxonMobil company appears to be pushing for first oil before the end of this year. The revelation was made on Wednesday by ExxonMobil’s Senior Director of Public and Government Affairs, Deedra Moe. During an appearance on the 94.1FM Jumpstart Morning show, the […]
By News Source Guyana on December 11, 2019
News, Politics
The Ministry of Finance (MoF) and the Bank of Guyana (BoG) today signed a Memorandum of Understanding (MoU) for the Operational Management of the Natural Resources Fund (NRF). Finance Minister Winston Jordan said the move was done in the spirit of ensuring that full transparency and accountability are applied to the saving and spending of […]
By News Source Guyana on December 11, 2019
News, Politics
by Samuel Sukhnandan In light of the numerous issues faced by Republic Bank customers since the bank upgraded its systems, Central Bank Governor, Dr. Gobind Ganga today announced that there is active consideration of official penalties for such problems. The Governor said while there are no provisions within the current laws to penalize the banks, […]
By News Source Guyana on December 11, 2019
News, Politics
City Mayor Ubraj Narine was this afternoon re-elected to the post of Georgetown’s Chief Citizen when the Council held its election among Councilors. Councilor Alfred Mentore has been re-elected to the post of Deputy Mayor and longtime Councillor, Oscar Clarke will continue to head the Council’s Finance Committee. The three were elected to the positions […]
By News Source Guyana on December 11, 2019
Elections, News, Politics
Former Director-General in the Ministry of Foreign Affairs, Ambassador Audrey Waddell is to be appointed as the Head of one of the Guyana Missions abroad. President David Granger today said the move is a promotion and not a demotion. Speaking to members of the media after accepting the credentials of the new Brazilian Ambassador, President […]
By News Source Guyana on December 11, 2019
Crime, News
In light of the ongoing delays taking place in the Marcus Bisram case that is before the Berbice Magisterial District, Public Security Minister Khemraj Ramjattan said he finds it extremely “disheartening.” At the most recent hearing on Monday, the Magistrate presiding over that matter, Alex Moore, reported sick. Before that, the Prosecutor was asked to file […]
By News Source Guyana on December 11, 2019
Crime, News, Politics
Former acting Deputy Director of Public Prosecutions (DPP) Sonia Joseph has been confirmed as the new Legal Advisor to the Guyana Police Force. Minister of Public Security Khemraj Ramjattan confirmed the appointment this morning. The post of Police Legal Advisor became vacant after retired Justice Claudette Singh took up the position of Chairperson of the […]