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With oil production expected to begin as early as next month, the Government of Guyana is moving to set up an account for the Natural Resources Fund (NRF), according to Finance Minister Winston Jordan. Speaking at the sidelines of the opening of GIPEX 2019 on Wednesday, Mr. Jordan told reporters that the decision was made […]
A number of Guyanese companies and recently established ones are taking part in GIPEX 2019, Guyana’s premier oil and gas summit. The companies have set up booths at the Marriott exhibition site to showcase the wide array of products and services they have to offer to the petroleum sector. News Source spoke with a few […]
Some staff members of the Guyana Revenue Authority (GRA) have written the agency’s head, Commissioner-General Godfrey Statia about their displeasure with what they describe an “unfair allocation of salary increases” at the agency earlier this week. The GRA has put together its own salary increases for its workers outside of the recently announced increases […]
The Guyana Office for Investment wants to see new ventures in the oil and gas sector paying more attention to local content. Speaking at the opening of the 2nd Guyana International Petroleum Business Summit & Exhibition, the Chief Executive Officer of Go-Invest, Owen Verwey said Go-Invest remains open to support new business ventures and will […]
The four men, including a Police Officer, who were arrested following a gold heist at the Matthew’s Ridge airstrip appeared in Court today and were charged with the multi-million dollar robbery. All four accused were remanded to prison after not being required to enter a plea to the indictable charge. 37-year-old businessman Basdeo Francis, 45-year-old […]
The move by Troy Resources to lay off over 300 workers has been described by the Government as “precipitous”. Natural Resources Minister Raphael Trotman said he has briefed the Cabinet on the situation and the Minister responsible for Labour has also done the same. In a statement issued through the Department of Public Information, Minister […]
Over 300 workers of the Troy Resources Gold Mining company have been laid off as the Australian company continues to face financial problems with its operations in Guyana. The workers were informed yesterday that a decision was made by the Board of the company on Sunday to lay them off. The company is hoping to […]
Talks between the APNU and the AFC on the Cummingsburg Accord were postponed today because of scheduling conflicts with those involved in the talks. The postponement was requested by President David Granger who, it is reported, told the AFC Leader, Khemraj Ramjattan that the meeting could not take place today since he had to brief […]
The legal fraternity in Guyana was thrown into mourning over the weekend with news of the death of former Acting Chief Justice, SENIOR COUNSEL Ian Chang. Mr. Chang passed away at the Balwant Singh hospital on Saturday after a battle with cancer. In a statement, President David Granger offered sincere condolences to the family of […]
Guyana has witnessed a decrease in the cocaine trade over the past few years, according to the Acting Police Crime Chief, Senior Superintendent Michael Kingston. The decrease may be linked to the presence of the United States (US) Drug Enforcement Administration (DEA) in Guyana. The DEA Office in Guyana was officially declared open in February […]
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