News

Tamesh Jagmohan denies claims of involvement in gold smuggling and money laundering

Prominent businessman, Tamesh Jagmohan, has denied claims of being involved in gold smuggling and money laundering.  Jagmohan issued a press statement this morning after reports surfaced on social media that he may be under investigation by the US authorities.  The businessman and gold dealer said he has never engaged in any illegal activity, and remains […]

Norton accuses Government of making attempts to divide Afro-Guyanese communities

Opposition Leader Aubrey Norton believes any attempt by the Government to dominate and control, must be totally rejected. Speaking at an Emancipation Day celebration in New Amsterdam, Mr. Norton accused the Government of even attempting to control the Emancipation celebrations with the formation of several splinter groups and organisations to represent Afro- Guyanese interest. “While […]

Exxon credits increased earnings to Guyana operations

The Exxon Mobil Corporation today announced second-quarter 2024 earnings of US$9.2 billion. In a release this morning, the Texas-based oil company said cash flow from operating activities was $10.6 billion and cash flow from operations, excluding working capital movements, was $15.2 billion while shareholder distributions of $9.5 billion included $4.3 billion of dividends and $5.2 […]

African Guyanese have no reason to fear political or economic marginalisation in “One Guyana” -says Pres. Ali

While calling on African Guyanese to remain vigilant and mindful of those who seek to prey on and manipulate ethnic suspicions to promote their own personal interests, President Irfaan Ali in an Emancipation Day message said African Guyanese have no reason to fear political maginalisation in the “One Guyana” that is being established. “In the […]

VP Jagdeo cites “unprecedented” development as PPP celebrates 4 years in office

As the People’s Progressive Party Civic is preparing to celebrate four years in office on Friday, the party’s General Secretary, Vice President Bharrat Jagdeo today boasted that ‘unprecedented’ development has taken place in every sector and every region since his party retook the seat of Government. Mr. Jagdeo told reporters that the country is in […]

Government seeking additional $40 Billion from National Assembly in Supplementary Budget

Six months after being given approval for its massive $1.1 Trillion Budget, the Government has returned to the National Assembly, seeking an additional $40 Billion. Finance Minister, Dr. Ashni Singh presented two Financial Papers to the National Assembly this morning to seek the additional funds. In a statement, the Ministry of Finance explained that the […]