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Daily Archives: June 2, 2018

Virtually incident-free gay pride parade held in Guyana to demand election promises

Guyana held its first gay pride parade, with the country’s gay rights activists accusing the three-year old government as well as the opposition of breaking their election campaign promises to outlaw discrimination against vulnerable groups. “We are saying enough of the rhetoric, enough of the promises. It is time to make good on the legislative changes that we heard about ...

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NICIL launches GY$30 billion fixed rate bond to raise money for ailing GuySuco

The National Industrial and Commercial Investments Limited (NICIL) officially issued a US$ 150 million equivalent bond facility, arranged by Republic Bank Limited exclusively through its Investment Banking Division, the holding company for government’s assets said in a statement. The local law firm London House Chambers, headed by Devindra Kissoon,  acted as Republic Bank’s transaction attorney. The bond will be issued ...

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Assessment team heads to collapsed South Rupununi bridge; road users to be held “accountable”

The Ministry of Public Infrastructure on Saturday deployed a team to the South Rupununi to assess damage to a key bridge that collapsed under the weight of a flatbed truck that was carrying an excavator. The assessment would focus on the “severity of the damage and cost to rehabilitate the Yamatwao bridge. “The overweight vehicle  overextended the bridge’s capabilities, thereby ...

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GBTI promotes early saving habits – awards Early Savers

The Guyana Bank for Trade and Industry (GBTI) has said it continues to promote savings especially among youths, and gives an incentive to those already doing so to encourage others to join the bank;s Early Savers Club. “GBTI continues to promote savings. The bank believes that an early start to good saving habits could influence a good lifestyle,” the bank ...

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