High fuel prices, rumoured royalty increase caused sand prices to increase – pit owner

High fuel prices and a rumoured increase in royalties are just two of the contributing factors that has resulted in pit operators instituting an...

Guyana’s seafood export to US dips following new shrimp legislation

Guyana’s seafood sector has seen a contraction in exports to the United States with the introduction of new legislations put in place to promote...

GRA was designed to make money for its officials–GRA Chairman

“With every instance of corruption we discover, it becomes clearer to me that the Guyana Revenue Authority (GRA) was never designed to improve the...

Govt. must address tax treatment for environmental issues before any other contract is...

Before any other contract is signed or revised for the oil and gas sector, Guyana needs to have in place an appropriate tax treatment...

Gov’t should have taken Badal to CCJ over Stockfeed shares – Jagdeo

The Leader of the Opposition Bharrat Jagdeo, is of the firm opinion that the David Granger-led administration would have done little or nothing in...

Germany to fund € 2.3M Climate Resilience, Sustainable Energy Project in the Caribbean

With climate change continuing to wreak havoc around the world – including the Caribbean Region – the Caribbean Community (CARICOM) is expected to benefit...

Govt. scrapped initial design of new Dem. River Crossing because it got no backing...

The decision made by the coalition government to scrap the initial design for the new Demerara River Crossing continues to be questioned by the People’s Progressive...

SPU defends 4.75% interest rate on $30B bond for sugar industry

Leader of the Opposition, Bharrat Jagdeo believes that the interest rate for the $30B bond given to the Special Purpose Unit (SPU) of the...

Private Sector bodies want Govt. to adjust Excise tax to cushion blow from increased...

As fuel prices continue to increase at the nation’s pumps, the three major private sector bodies have now joined the call for government to...

Valuation of sugar estates 90% complete-SPU

The Special Purpose Unit (SPU) under the National Industrial and Commercial Investments Limited (NICIL), today announced that the preliminary works being carried out by...

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