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Outgoing Guyana High Commissioner to India, Charrandass Persaud has issued an apology to the government and people of India and the Government of Guyana over what he called an “altercation” that took place more than a year ago outside the official residence of the High Commissioner in India. Persaud found himself in the middle of […]
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 […]
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 […]
In a dramatic operation after receiving a distress signal, members of the Coast Guard of the Guyana Defence Force rescued six crew members of a vessel after it sank out in the Atlantic. According to the GDF, at around 11:30 on Monday morning, a distress signal was received by the Timehri control tower and the […]
A Moruca, North West District Pastor was killed in a boat accident this afternoon. The accident victim has been identified as Rudolph Henry. Reports reaching News Source indicate that the boat collision occurred at around 2pm today in the Moruca Sub-District just outside of Santa Rosa. Reports out of the area indicate that while negotiating […]
The Guyana Public Service Union, while wishing its members all the best for the festive season, has some harsh words for the government over its handling of the issue of salary increases, salary adjustments and the general well-being of public servants. In its Christmas message, the GPSU said public servants, for the most part will […]
Leader of the People’s National Congress Reform, Aubrey Norton has started his search for the next General Secretary of the People’s National Congress Reform. The move comes following the resignation of Party Executive Member, Geeta Chandan-Edmon from the position. Norton has indicated that he will announce his choice for the post within the next week […]
A post-mortem examination carried out on the body of the 11-year-old girl who was found dead under a hammock in her family’s yard has revealed that she died from suffocation. The young girl, Tinesha Johnson of Corentyne, Berbice was reportedly seen swinging in the old hammock moments before the tragedy. Her mother told Police investigators […]
Reflecting on 2022 as a good year for the oil and gas sector in Guyana, President of ExxonMobil Guyana Alistair Routledge today said investments in Guyana’s human capital is paying dividends with more than 4,400 Guyanese currently supporting the local oil and gas Industry, with local suppliers raking in more than G$140 Billion since the […]
Guyana’s Oil Sector is expected to expand by 113% by the end of 2022 while its non-oil economy is projected to have a better-than-expected turnout of 9.6% as against the 7.7% growth projected at the start of the year. The Inter-American Development Bank (IDB) made the disclosures in its quarterly report which was released on […]
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