News

Banks DIH records $8.9 Billion in after-tax profits

Local conglomerate, Banks DIH Limited, has recorded after tax profits of $8.9 Billon, representing an increase in profits by 6.8%. Before taxes were deducted, the company’s profit stood at $14.5 Billion. Shareholders of the company will gather this coming Saturday for the Annual General Meeting. In his report, Banks DIH Chairman and Managing Director, Clifford […]

Mahipaul claims Government Ministers are earning $200,000 more on their salaries since 2021

Opposition Member of Parliament, Ganesh Mahipaul, today chided the Government for not offering better salary increases for public servants, while noting that Government Ministers are now pocketing more in their earnings. During the budget debates today, Mr. Mahipaul reminded that while in Opposition, the PPP chastised the Coalition Government for raising the salaries of Ministers. […]

Budget focuses heavily on Government’s priorities while pushing development goals -Minister Indar

Minister within the Ministry of Public Works, Deodat Indar, today defended and praised the $1.146 trillion National Budget, stating that it will not only continue the developmental trajectory of the Government, but it also sets the stage for massive development for Guyanese. During his budget debate presentation, he said the Government will continue to put […]

42-year-old biker dies in late night crash

The carnage on Guyana’s roadways continued late last night when 42-year-old motorcyclist, Kwesi Griffith, lost his life after being involved in an accident at the corners of Sheriff Street and the Rupert Craig Highway in Georgetown. The accident involved a car that was being driven by a 25-year-old man from Linden. According to a Police […]

MP Juretha Fernandes calls out Government over increased borrowing, while non-oil sector earnings decline

By Svetlana Marshall In a fiery contribution to the National Budget Debates this morning, Opposition Member of Parliament, Juretha Fernandes accused the Government of doing a poor job at handling of the economy, and on the issues of indebtedness, poverty, and the perceived disregard for the working class. Telling the Assembly that Governments are nothing […]

Persons living in Co-op Schemes to be issued Titles and Transport for their properties -Labour Minister announces

Thousands of Guyanese who live in Co-op schemes with no formal documentation to show ownership will be issued with titles and transport, Labour Minister Joseph Hamilton announced today.  Contributing to the 2024, Budget Debates, Minister Hamilton said the Labour Ministry in collaboration with the Ministries of Housing and Legal Affairs have embarked on a project […]

Forde calls Budget 2024 “lopsided and uninspiring”; Demands consultations with representatives of the people

Opposition Member of Parliament Roysdale Forde today broadsided the Government’s $1.146 trillion budget as “lopsided” and “uninspiring”. In Opening the 2024 Budget Debates, MP Forde said this year’s Budget has fallen short in many areas, and it lacks an inclusive approach on conceptualization, and the equal and equitable allocation of resources. “More of the same […]