Politics

President rolls out plan to see sustained economic growth and development in Guyana throughout 2023

Reflecting on the last year as one which saw the Government moving forward with an aggressive infrastructure and economic development plan, President Irfaan Ali has announced that this new year will see sustained economic growth along with increased opportunities for citizens and businesses. “In 2023, we shall roll out policies, programmes, and projects to ensure […]

Police concerned over leak of interrogation video recording in fraud case; Believes Defence Attorneys behind leak

The Guyana Police Force today expressed concern over the leak of a video recording of an interview and confrontation of suspects in a fraud case involving a businessman and two former media workers. The video recording of the Police interview was released on the page of New York based rights activist Rickford Burke. A wanted […]

New Teaching Service Commission members appointed

After an absence of almost two years, the Government today appointed new members to the Teaching Service Commission. Five of the seven new members took the oath of office today before President Irfaan Ali. The other two members are to be sworn in at a later date. The Chief Education Officer, who was also sworn […]

Ministry of Housing moving ahead with single window development system

The Ministry of Housing and Water through the Central Housing and Planning Authority (CHPA) has signed a $202.9 million contract with Global Services Inc. for the development and implementation of an Information Technology (IT) Solution for the Single-Window Planning and Development System. Global Services Inc – a consortium of companies based in Guyana, North America […]

Joint Services members welcome Housing Ministry’s outreach at GDF headquarters

Members of the Joint Services were given the opportunity on Wednesday to get pre-qualified for loans for their home construction while land owners were allowed to register for steel and cement assistance as the Ministry of Housing and Water, through Central Housing and Planning Authority (CH&PA) together with four commercial banks, conducted an outreach at […]

Inflation rate in Guyana has tripled in past two years -IDB Report

The Inter-American Development Bank (IDB) has indicated that while trade with Guyana has significantly improved, the purchasing power of Guyanese is eroding as the country’s inflation rate continues to climb way above historical levels. Last September, the inflation rate averaged around 6.2%. In its report on the post-pandemic recovery in the Caribbean, the IDB said […]

Banks DIH records $7.5 Billion in profits

Local conglomerate Banks DIH Limited has recorded profits of $7.5 Billion for the year 2022, which represents a 12% increase in the company’s profit margin over the previous year. The company said it also recorded an increase in its revenue by more than 10%. Total revenue generated in 2022 topped more than $39.6 Billion, which […]