By News Source Guyana on January 22, 2024
Business, News
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 […]
By News Source Guyana on January 22, 2024
News, Politics
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. […]
By News Source Guyana on January 22, 2024
News, Politics
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 […]
By News Source Guyana on January 22, 2024
Crime, News
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 […]
By News Source Guyana on January 22, 2024
News, Politics
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 […]
By News Source Guyana on January 22, 2024
News, Politics
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 […]
By News Source Guyana on January 22, 2024
News, Politics
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 […]
By News Source Guyana on January 22, 2024
Crime, News
A number of security and other staffers at the Cheddi Jagan Airport are under investigation after a passenger who traveled from Guyana to New York, was held in New York with 40 pounds of cocaine in his suitcases, senior Drug Enforcement officials have told News Source. The 22-year-old passenger has since been charged and is […]
By News Source Guyana on January 22, 2024
News, Politics
The Commission of Inquiry (COI) into the Mahdia School Dorm fire, which claimed the lives of 20 children in May 2023, has roasted Fire Chief Gregory Wickham for “dereliction of duty” in responding to the fire prevention needs of both the Mahdia School Dorms and the Mahdia Fire Station. In its report, which was released […]
By News Source Guyana on January 22, 2024
News, Politics
Opposition Leader and Leader of the People’s National Congress Reform, Aubrey Norton, believes it is time that actions be taken against the Guyana Government for the current cost of living problem that continues to plague the country, and those Government policies that are failing the wider population while enriching a few. At an APNU+AFC Cost […]