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Daily Archives: August 8, 2016

Transparency Institute condemns City Hall for going ahead with parking meter contract

The Transparency Institute of Guyana Inc. (TIGI) has slammed the Mayor and City Council for forging ahead with the Parking Meter project despite deep-seated concerns about the apparent opaqueness of the transaction from the inception. “That this project is allowed to continue in its current configuration in spite of a legal basis for enacting a new and transparent process, is ...

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CBS2 Exclusive: Woman dismembered by boyfriend in Guyana receives new arms, hands in New York

ALBERTSON, N.Y. (CBSNewYork) — Some New Yorkers have given an extraordinary donation to a young woman who endured a horror. The woman was mutilated by an abusive boyfriend, and her children were killed. As CBS2’s Carolyn Gusoff reported exclusively to the woman, Natasha Houston. The simple act of pushing open a car door is a struggle for Houston, in what ...

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GRA going after VAT cheats; VAT exemption criteria to be overhauled

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia on Monday  announced that tax agents would be deployed to go after businesses that cheat the 16 percent Value Added Tax (VAT) amounting to billions of dollars. “We also have to shift our resources into the enforcement mode and go behind the businesses for them to comply so we are ...

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Govt agrees to repay NIS money invested in failed CLICO

Guyana’s social security system, the National Insurance Scheme (NIS) , is set to receive a GYD$5.6 billion cash injection over the next 20 years to compensate for a loss of money in the failed Colonial Life Insurance Company (CLICO). He said Cabinet has approved the government repaying NIS through non-negotiable Guyana government debenture certificates over a 20 year period at ...

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