By News Source Guyana on June 7, 2024
Business, News, Politics
Amid a shortage of foreign currency in the country, the Bank of Guyana has been forced to inject more than US$80M into the foreign currency market, on instructions of the Government. At a press conference on Thursday, Vice President, Bharrat Jagdeo said he met with the members of the local Banking Sector along with the […]
By News Source Guyana on June 6, 2024
News, Politics
Attorney General and Minister of Legal Affairs Anil Nandlall believes the local judiciary is now in a better position to deal with the headache of heavy case loads, as a number of new initiatives are being introduced. Appearing on his Issues in the News programme, Mr. Nandlall said the backlog of cases in the High […]
By News Source Guyana on June 6, 2024
Business, News, Politics
With Guyana’s gold declarations, especially from small and medium scale miners, on the decline, Vice President Bharrat Jagdeo today warned miners who are refusing to sell their gold to the Guyana Gold Board in keeping with regulations, that the Government will be going after them. At a press conference, Mr. Jagdeo said the Government remains […]
By News Source Guyana on June 6, 2024
Business, News, Politics
By Svetlana Marshall ExxonMobil Guyana raked in more than $1.1 trillion in revenue in 2023, according to its just released Annual Report. The oil giant, according to the report, generated $752.7 Billion in profit before tax, with its total operating expenditures accounting for approximately $356.1 Billion. The company recorded $614.599 Billion in profit. The […]
By News Source Guyana on June 6, 2024
News, Politics
Investigators from the Labour Department, the Natural Resources Ministry and the Police are investigating the latest deadly mining accident, which took place on Wednesday in the Region One mining area of Arakaka, claiming the life of gold miner, Timothy Fraser. Fraser was in the mining pit working when the walls of the pit suddenly collapsed, […]
By News Source Guyana on June 5, 2024
Elections, News, Politics
The nomination period for the top positions in the Executive of the People’s National Congress Reform (PNCR) will close on Monday, according to the party’s General Secretary, Dawn Hastings-Williams. During the party’s upcoming Delegates Congress, which will from from the 28th to the 30th June, its delegates will vote to elect their candidates to the […]
By News Source Guyana on June 5, 2024
Business, News, Politics
By Svetlana Marshall The City Council today approved a $3.297 Billion Budget for the City for 2024. The approval of the city’s budget came hours after it was presented to the 30-member Council by Chairman of the Finance Committee, Councillor Lelon Saul, under the theme “Building a green, resilient, safe and sustainable city.” Councillor Saul […]
By News Source Guyana on June 4, 2024
News, Politics
The Caribbean Examinations Council (CXC) has reversed its recent decision to no longer offer Agriculture Science and three other subject areas as CSEC and CAPE exams. Following a wave of public concern across the region, CXC has decided to continue to offer the subjects for examination. CXC had planned to move away from offering Agricultural […]
By News Source Guyana on June 4, 2024
News, Politics
The Ministry of Natural Resources, through the Guyana Geology and Mines Commission (GGMC), is currently exploring new sites for sand mining, amid a rapidly growing demand for sand mining permits, according to Natural Resources Minister, Vickram Bharrat. According to Minister Bharrat, with the construction sector on the rise in Guyana, the GGMC has seen an […]
By News Source Guyana on June 3, 2024
News, Politics
President Irfaan Ali joined the Guyana Lands and Surveys Commission at Timehri today to distribute over 400 land leases to the residents of Base Road Timehri, Swan Turn, Kuru Kururu and Banakari (Long Creek). In his address to the residents who turned up to uplift their leases, he explained that although the issue of regularizing […]