News

Banks DIH sets $5Billion target for profits by 2022, as it eyes more Caribbean markets

Guyana’s leading conglomerate, Banks DIH Limited, has recorded profits of $4.2 billion for 2017 and is now making moves to get its products on more of the Caribbean markets. At the company’s annual general meeting on Saturday, shareholders were told that Banks DIH products can now be found across the United States, particularly in New […]

Jagdeo takes personal issue with Komal Chand’s “positive” statement after Govt. meeting with GAWU

Opposition Leader Bharrat Jagdeo is not too pleased with some of the statements that were made by the President of the Guyana Agriculture and General Workers Union following a meeting between the Union and the Government. GAWU represents the largest number of sugar workers, including the thousands who were recently laid off as GuySuCo started […]

BREAKING: City Councillor Junior Garrett collapses and dies

Georgetown City Councillor, Junior Garrett died this afternoon after collapsing at his office. Earlier today, Council workers said he appeared full of energy as he made a presentation at one of the Finance Committee meetings of the Council as they prepared the budget. He left the meeting just after it ended and reportedly went back […]

Guyana confident that Good Officer’s Process will lead to juridical settlement of border controversy -President Granger

As Guyana awaits word from the United Nations Secretary General on the next step in the efforts to end the border controversy with Venezuela, President David Granger has expressed confidence that the current Good Officer’s Process will lead to a juridical settlement. Guyana has been pressing the UN to transfer the issue to the International […]

Trotman to recommend less powers to Minister and more Opposition and Civil Society representation on Petroleum Commission

As presentations on the Petroleum Commission Bill continue, Minister of Natural Resources Raphael Trotman has disclosed that he intends to approach Cabinet to make changes to the Bill which has already advanced to a second reading in the National Assembly. Trotman told reporters on Thursday that the amendments to the Bill, once approved by Cabinet, will seek […]

Govt. presses for increased gold declarations this year despite 2017 shortfall in meeting target

The Ministry of Natural Resources has reported lower than predicted gold declarations, but higher foreign currency earnings in 2017. Despite the lower declarations, the Ministry is maintaining an ambitious target of 800,000 ounces in gold declarations for 2018. At a press briefing today, Minister of Natural Resources Raphael Trotman said gold declarations for 2017 stands […]