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Under the revised Cummingsburg Accord which is expected to be signed soon, the Alliance for Change will get fewer seats in the Parliament and on the regional councils. The AFC has agreed to a 70:30 ratio for the allocation of the seats, with the APNU receiving the bigger portion. Under the last agreement, there was […]
The APNU and AFC are reassuring their supporters that the two parties will be heading into the next elections as a strong coalition. Representatives from the two parties emerged from a high-level meeting at the President’s office this afternoon with smiles on their faces and assurances that the APNU and AFC are “stronger together”. Alliance […]
With oil production set to commence in a matter of weeks in Guyana, several local companies are making preparations to expand their services to cater for an increase in demand. Guyana’s telecommunications giant GTT is one of those companies. Speaking to the press today at the Petroleum Summit, GTT’s Chief Executive Officer (CEO) Justin Nedd […]
Given the demand by sugar workers for an increase in their wages and salaries, Finance Minister Winston Jordan said that matter must be handled by the Board of the Guyana Sugar Corporation (GuySuCo). He told the media on Wednesday that the sugar workers come under a Corporation that has an active board and as such, […]
Three years after the brutal murder of a young father of two in Berbice, U.S and Guyanese citizen Marcus Bisram has been extradited to Guyana from the U.S to face the murder charge. Bisram arrived in Guyana early this morning and was immediately taken into custody by the Criminal Investigations Department of the Guyana Police […]
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 […]
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