Last Updated on Sunday, 25 January 2015, 23:21 by GxMedia Banks DIH, Guyana’s oldest large-scale manufacturer, wants government to scrap the 16 percent Value Added Tax (VAT) on fast food restaurants from this year because of increased competition by food vendors. “The time is now, my fellow shareholders, to remove the VAT tax on registered fast food restaurants because it ...

Last Updated on Sunday, 25 January 2015, 17:18 by GxMedia The City Constabulary in Guyana’s capital, Georgetown, continues to turn a blind eye to the sale of fresh fruits and vegetables on the ground. This is now more a norm on Sundays at the corner of Regent and Bourda (Piggott) Streets, literally a stone’s throw from the City Police Outpost. ...

Last Updated on Sunday, 25 January 2015, 1:41 by GxMedia The Cypriot vessel, M/V DeltaDiep that was detained following the discovery of 185 packages of cocaine in a 40ft flat rack container on January 6 has been released after the fine of G$12M (US$60,000) was paid to the Guyana Revenue Authority (GRA), the tax agency said in a statement on ...

Last Updated on Saturday, 24 January 2015, 12:31 by GxMedia A University of Guyana (UG) Law Professor says that the May 11, 2015 date for general and regional elections is not constitutionally valid because President Donald Ramotar has not followed the required procedures. Professor Justice Duke Pollard, in a letter to the privately-owned Stabroek News newspaper said that Article 61 ...

Last Updated on Saturday, 24 January 2015, 1:02 by GxMedia The Guyana government Friday rejected claims by the European Union (EU) that it has refused to disburse more than €25 million in budgetary support because the country does not have enough budgetary oversight and has not met the eligibility criteria. In an apparent effort to buttress its case, government released ...

Last Updated on Friday, 23 January 2015, 22:17 by GxMedia On 14th September, 2012, the Government of Guyana through the Ministry of Health entered into a contract with Surendra Engineering Corporation Limited, a limited liability company incorporated in India and registered in Guyana. Under the contract it was agreed that the company would provide services in relation to designing, building, ...

Last Updated on Friday, 23 January 2015, 21:32 by GxMedia Former government minister , Dr. Faith Harding died Friday afternoon at a city hospital, a family member confirmed. She was in her late 60s. Sources said that she succumbed to a respiratory ailment at the St. Joseph’s Mercy Hospital. She had served as Public Service Minister in the Desmond Hoyte-led ...

Last Updated on Friday, 23 January 2015, 20:56 by GxMedia Government on Friday ruled out a drop in electricity rates by the state-owned Guyana Power and Light Inc. (GPL) , saying that already consumers are benefitting from a huge subsidy. “The actual cost of production of electricity that is borne by consumers really does not have that much to do ...

Last Updated on Friday, 23 January 2015, 17:17 by GxMedia Negotiators for A Partnership for National Unity (APNU) and the Alliance For Change (AFC) are expected to discuss the smaller party’s desire to lead a pro-democracy alliance into the May 2015 general and regional elections. “The APNU has empowered its negotiating team to explore all the possibilities that could lead ...

Last Updated on Friday, 23 January 2015, 16:58 by GxMedia The European Union (EU) on Friday announced that they have withheld millions of Euros in budgetary support to Guyana for the sugar sector and sea defence, citing the need for all rules to be put in place. “The latest partial payments related to these two programmes have been temporarily put ...