News

Hawaiian property developers teaming up with retired NBA star to build luxury condos and retail village at Ogle

Hawaiian property developers, Giovanni and Nicola Mola of Coastal Rim Properties, (CRP)in partnership with NBA Hall of Famer Hakeem Olajuwon, have announced the launch of TAJ Dream Ogle in Guyana. The Luxury project will feature over 1,000 condominiums and a retail village, marking their second major development in the region. In a release today, it was […]

Republic Bank announces mortgage offer up to $60M at 5% interest; No lending ceiling for residential mortgages

With the housing market becoming more competitive in Guyana, Republic Bank (Guyana) today announced a “strategic change” to its residential mortgage offerings. The bank said in direct response to the Government of Guyana’s housing agenda under the 2026 Budget, it is now the only bank offering mortgages up to G$60 million at a highly competitive […]

IPED launches new invoice financing facility for local businesses in oil and gas sector

The Institute of Private Enterprise Development (IPED) has launched a new Invoice Financing facility targeting Guyanese businesses in the oil and gas sector and other productive industries. The product provides short-term working capital by offering up to 80% of invoice value, with unsecured financing options up to $2.5 million to improve cash flow and support local […]

Mohamed scolded over late Court attendance; Released after being initially arrested on warrant

Three hours after issuing an arrest warrant for businessman and Opposition Leader, Azruddin Mohamed over his late arrival for his ongoing extradition case, Principal Magistrate, Judy Latchman, withdrew the arrest warrant and warned Mohamed that his bail could be revoked if his tardiness in attending Court on time continues. When the case was called at […]

Sir Ronald Saunders installed as 11th Chancellor of the University of Guyana

Career Diplomat and Antigua’s Ambassador to the United States, Guyanese, Sir Ronald Sanders, has been installed as the 11th Chancellor of the University of Guyana. The installation ceremony took place today at the University of Guyana in the presence of President Irfaan Ali, Prime Minister Mark Phillips and Vice Chancellor of the University of Guyana, […]

Change in market conditions among key factors forcing closure of Stabroek News -Editor in Chief

Editor-in-Chief of the Stabroek News, Anand Persaud today said a change in market conditions is among key factors that influenced the decision to close the newspaper with effect from March 15. For almost four decades, Stabroek News has played a key role in Guyana’s media landscape. In an interview with Prime News today, Mr. Persaud […]

Government looking to close Haags Bosch landfill site by 2029

Minister of Local Government, Priya Manickchand, has announced plans to close the Haags Bosch landfill site in 2029, as the Government explores new and modern waste disposal. During the consideration of the Budget estimates, the Minister said while the administration will not prematurely close the site, other options are already being explored. She said the […]