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Daily Archives: March 25, 2020

Gov’t hints at restricting movement of people to halt Coronavirus

The Guyana government on Wednesday warned that it would take “extreme measures” against people who are moving about freely and so risk contracting or spreading the deadly coronavirus,  COVID-19. The National COVID-19 Task Force (NCTF) warned that Guyana might have to follow several other countries in curtailing the movement of people in an effort to curb the disease that has ...

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GRA suspends processing drivers, vehicle licences; pushes back tax payments to curb COVID-19 spread

The Guyana Revenue Authority (GRA) on Wednesday announced that it would not be renewing or issuing first-time drivers and conductor licences and motor vehicle registrations until April 30. The tax collection agency also announced that the payment of corporate and individual advance taxes and income taxes for businesses has been deferred until June 30. The GRA said measures to reduce ...

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GRA waives all taxes on supplies needed to fight, treat COVID-19

The Guyana Revenue Authority (GRA) has announced a waiver of value added tax (VAT) and duties on all medical supplies for testing, prevention and treatment of the coronavirus (COVID-19), that has so far claimed the life of one woman and afflicted four other persons. The tax collection agency says the waiver is not limited to soaps, disinfectant sprays, hand sanitizers, ...

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OPINION: Political dogfight is over (cheap) oil

By GHK Lall We reach for a mirage, we clutch at straws, we sprawl before the world. In my estimation, Guyana’s political junkyard dogfight is all about power. I am unmoving that ascending to power provides the first access to the feverishly desired control and dissipation of that opulent oil ocean out there within this country’s borders. Though those are ...

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Republic Bank relaxes rules on late fees, loan repayments to help cushion impact of Coronavirus

Republic Bank (Guyana) Limited has started waiving late fees and other penalties on the repayment of credit card debts, loans and mortgages as well as allowing eligible customers to postpone loan repayments for the next six months, in keeping with a request by the Bank of Guyana to all commercial banks. “In response to the anticipated impact as a result ...

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