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Tag Archives: Guyanese

No excise tax on vehicles under 4 years old; Ban on used tyres to be implemented

 Government has announced its intention to increase sweeping reforms the tax sector which include the removal of excise tax on new vehicles that are under 4 years old. This was announced by Finance Minister Winston Jordan in his 2016 Budget Speech.   According to the Minister, persons importing vehicle under 4 years old and under 1500cc will no longer be ...

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$3.1B for ICT; Information Technology Center to be established

Finance Minister Winston Jordan has revealed that the government has plans to increase its investments in the Information Technology Sector with over $3B budgeted for works in the sector. Jordan made the announcement during the presentation of Budget 2016, under the theme Stimulating Growth, Restoring Confidence: The Good Life Beckons. He said that in providing a better life for all ...

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Another oil company takes up drilling close to Exxon Mobil rig

Another oil company has been granted oil exploratory license from the Government of Guyana to conduct exploration in the Orinduik Block. This is according to Finance Minister Winston Jordan who made the announcement during his Budget 2016 Speech noting that oil is poised to become an important industry for Guyana. “A Petroleum Prospecting Licence and Production Sharing Agreement have been ...

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Budget 2016: Jordan announces increased subvention for NCN

In a surprise move on Thursday, Finance Minister Winston Jordan has announced that more money will be given as subvention to the National Communications Network (NCN). Jordan made the announcement while delivering his speech for Budget 2016, which was presented to the National Assembly. In 2015 NCN which fell under the remit of the Prime Minister in the new dispensation ...

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Updated: Some license fees to increase – Finance Minister

Even as government increased the Income Tax threshold from GYD$50,000 to GYD$55,000, it announced that a range of fees would increased. In relation to public sector wages and salaries, Finance Minister Winston Jordan  did not announce a specific increase in wages and salaries because that would be subjected to negotiations with the trade unions. They include gun licenses. No specific ...

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Call for amendment to wedding laws as Wedding Expo launched

There is a resounding call for the Government of Guyana to amend existing laws as it relates to persons getting married in Guyana to make the process easier and hassle free. Captain Gerry Gouveia, the founder of Wedding Expo Guyana stated that instead of having to be in the country 14 days prior to getting married. He was at the ...

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Telecoms Bill likely in first half of 2016

After several setbacks coupled with the creation of a new Telecommunications Ministry, the long awaited Telecommunications Bill may make its way to the National Assembly during the first half of 2016. The Liberalization of the Telecommunications sector via the Telecoms Bill was one of the pledges made to the Guyanese people by the APNU+AFC in its 100 Days election manifesto. ...

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Bank of Baroda robbers remanded to prison

 Three men were Wednesday arraigned for a GYD$2 million robbery committed on the Bank of Baroda’s Mon Repos branch, East Coast Demerara. They are 34-year old Sean Anthony ‘Rattie” Aaron of ‎ ‎317 North East La Penitence, 28-year-old Kennard Jabbar of 88 Freeman Street, and graphic artist 39-year old Eon Campbell.  They were not required to plea to the indictable charge ...

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Police suspect hit and run in discovery of dismembered Mahaicony body

The dismembered body of a 41-year-old Mahaicony resident Curt Burke was discovered was discovered on in a clump of bushes this morning, and police suspect the man might have been a victim of a hit and run. Reports indicate that Burke’s head and limbs were found dismembered from his body. Police stated that investigations are ongoing and they suspect that ...

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