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Vice President Bharrat Jagdeo has assured that Guyana will secure a US$660 Million loan from the Export-Import (EXIM) Bank of the United States to finance the Government’s flagship Gas-to-Energy Project. The Vice President offered the assurance on Thursday at a press conference. “Exim Bank is fully on board with this project. We have had a […]
Six months after Government’s holding company – NICIL – began negotiations for the sale of the Marriott Guyana Hotel to American company, X-LLC, the negotiations are still ongoing, with the company expressing some concern about the length of time it is taking. Vice President Bharrat Jagdeo made it clear today that Government will not be […]
Two days after the Government got its third supplementary budget for the year approved, Vice President Bharrat Jagdeo has stated that next year’s National Budget will include a menu of measures, programmes and projects aimed at driving economic growth in the country and increasing the disposal income of Guyanese. At a Freedom House press conference […]
With Christmas just four days away, business in the heart of the city is gradually ‘picking up steam,’ vendors in and around the Stabroek Market told News Source today. Annette Pellew, who sells fruits on the outskirts of the Stabroek Market near to the bus park, was in high spirits. She told News Source that […]
The Guyana Police Force’s Traffic Department has announced that with effect from Thursday and up until Christmas Eve Day, traffic along Regent Street will only be allowed to proceed in a western direction, effectively only allowing one-way traffic along the street for the next four days. During an online radio interview today, Traffic Chief, Senior […]
President Irfaan Ali has encouraged the country’s business community to continue investing and moving forward with their business plans as normal, even as the country is dealing with external threats from neighboring Venezuela. Speaking at the Private Sector Commission’s Gala Dinner and Award Ceremony on Tuesday night, the President said despite the threats to the […]
In a majority decision during an extraordinary meeting this morning, the Georgetown City Council approved a 6.5% across the board salary increase for its more than 500 workers. The Council, in a unanimous decision, also agreed to pay its workers a $25,000 one-off bonus for the holiday season. The Council’s Finance Committee had recommended a […]
So far for this year, the Guyana Fire Service has responded to 510 building fires and some 807 grass fires, the Minister of Home Affairs, Robeson Benn announced today. He made the statement today while responding to questions from Opposition Member of Parliament Geeta Chandan-Edmond as he justified the allocation of an additional $24M in […]
Minister of Agriculture, Zulfikar Mustapha today defended Government’s decision to continuously bail out the cash-strapped Guyana Sugar Corporation (GuySuCo), telling the Committee of Supply in the National Assembly, that the recently reopened Rose Hall Estate will be one of the most productive estates, despite its current underperformance. At the time, Minister Mustapha was defending the […]
Opposition Member of Parliament, Amanza Walton-Desir today grilled Foreign Affairs Minister, Hugh Todd on the Argyle Declaration that came out of the talks between President Irfaan Ali and Venezuela’s President, Nicolas Maduro last week in St. Vincent. During today’s sitting of the National Assembly, the Opposition MP submitted that while the Argyle Declaration addresses the […]
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