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Finance Minister Winston Jordan today explained that the US$18 Million that the Government received as a signing bonus from Exxon is still with the Bank of Guyana, which has invested the money in US treasury bills and Canadian bonds. The move was made by the Bank of Guyana so that interest could be earned. Already, […]
Five months after the Sexual Offences Court was operationalized, Justice Simone Morris-Ramlall is reporting that a total of 14 cases have been heard by the Court with 9 of those matters returning guilty verdicts. Providing a statistical update on the work of the Court, Justice Morris-Ramlall said Friday morning that the Court has been meeting its expectations, […]
Guyana’s economic performance in 2017 was far from robust, with economic growth figures falling below revised growth rates identified by the Ministry of Finance. Finance Minister Winston Jordan told reporters today that Guyana recorded 2.1% economic growth in 2017. He explained that although there was positive growth, the growth rate turned out to be worse […]
Opposition Leader Bharrat Jagdeo today described as “frivolous”, the charges filed against former Finance Minister Dr. Ashni Singh and former NICIL Head Winston Brassington related to misconduct in public office. The three charges relate to the sale of hundreds acres of land to three business persons for prices that were far below the valuation price. […]
The Cheddi Jagan Airport is reporting a big increase in arrivals at the Airport for the first quarter of 2018. According to the Airport, the first quarter saw the highest ever recorded passenger movement through Cheddi Jagan International Airport Corporation (CJIAC). “For the month of March 2018, 52,729 passengers were processed as compared to 43,733 in […]
Scores of local small business, non-governmental organisations and groups took over the Main Street Avenue today for the second annual Harmony Village. The event is organised by the Department of Social Cohesion as part of its efforts to foster national unity by bringing people together to share their culture and differences. Over one hundred booths […]
Former Finance Minister under the People’s Progressive Party (PPP) government Dr. Ashni Singh and former Head of the National Industrial and Commercial Investments Limited (NICIL) Winston Brassington have been given three weeks to return to Guyana and make an appearance at the Georgetown Magistrates’ Court to answer charges related to their time in office. Dr. […]
Magistrate Sherdel Isaacs today took a decision to put a pause on the ongoing extradition proceedings involving US murder accused Troy Thomas until the High Court makes a declaration on an application to the Court by the man’s attorneys. The Defence moved to the High Court last week and filed an application, asking the Court to […]
The Guyana Revenue Authority has found that there are just over 41,000 vehicles, including motorcycles, traversing the country’s roadways that do not have updated road vehicle license. Many of the vehicles have been without the road license for well over five years. Commissioner General of the Guyana Revenue Authority, Godfrey Statia told News Source today […]
Six men who attempted to rob a poultry farmer but dashed those plans when an alarm was raised, have been arrested and are in Police custody. According to the Police, poultry farmer, Michael Chang Yuen was at his East Bank Demerara home relaxing when he was awakened by noise coming from the outside of his […]
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