Grace Kennedy Remittance Services ordered to pay GRA $377M in taxes owed since 2011

As a result of being incorrectly classified as a non-commercial entity in the Guyana Revenue Authority’s (GRA) records since 2003, Grace Kennedy Remittance Services...

Gov’t. promises emergency budget in three weeks; ministries, agencies given up to next week...

The Government of Guyana is moving to implement an emergency budget in three weeks, Vice President, Bharrat Jagdeo said during a press conference this...

NICIL documents on “illegal” land transfers, disposal of assets not forthcoming – Vice President

The Government of Guyana (GoG) has made several requests to the National Industrial and Commercial Investments Limited (NICIL) for documents pertaining to land transfers...

APNU+AFC govt. loans GPL US$50M for generators still to be provided

Even after the recount of votes cast in the controversial March election was completed, former Minister of Finance, Winston Jordan approved the release of...

Every cent of oil money will be accounted for; no political interference – Ali...

The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as well as every cent...

Rapid financial and management assessment team working pro bono – Teixeira

The government’s Rapid Financial and Management Assessment Team (RF&MAT) will be working pro bono, the Minister of Parliamentary Affairs and Governance, Gail Teixeira, clarified...

Jr. Public Works Minister urges Heads of Agencies to submit financial reports

Newly appointed Minister of Public Works, Bishop Juan Edghill, and Junior Minister, Deodat Indar, today met with Heads of Agencies that fall under the...

Agri., mining sector continue to escape damaging impact of COVID-19-IDB Report

Before oil production began last year, even with the onset of the COVID-19 pandemic, the agriculture and mining sectors continue to demonstrate great resilience, according...

COVID-19 shrinks Republic Bank’s profits by US$68M

Republic Financial Holdings Limited and its subsidiaries continue to feel the squeeze during the COVID-19 pandemic. Today, the company reported that for the nine...

Quality of recent oil finds at Yellowtail complex similar to Liza- Hess COO

Even as it noted that the operator of the Stabroek Block, ExxonMobil, is in the process of evaluating two additional reservoirs at the Yellowtail...

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