Finance Minister, Winston Jordan on Friday said government would put place safeguards to prevent a steep revaluation of the Guyana dollar as a result of expected large inflows of United States (US) dollars  from oil earnings. “I will indicate to you that there could possibly be some appreciation of the Guyana dollar but we will have to guard against that using ...

The Guyana Gold Board (GGB) will have to mull whether to remove its laboratory in the wake of above normal mercury levels in 60 of the more than 130 workers of the Guyana Geology and Mines Commission (GGMC) that have been tested so far, Minister of Natural Resources Raphael Trotman said. Trotman announced in the presence of the Board of ...

The US$18 million ExxonMobil signing bonus, which was  initially deposited in the Bank of Guyana, has been transferred overseas to an interest-bearing account, Finance Minister Winston Jordan said. “If it stays here, it will sit down doing nothing. It can’t earn interest if it stays here so it’s in matured US treasury bills, Canada bonds…,” he said. US$36,163 in interest ...

Guyana will be spending US$20 million on preparing the country get its rightful share of earnings that oil companies like ExxonMobil have agreed to pay government, Finance Minister Winston Jordan said Friday. “Unless we can get processes, legislation, bodies and monies all coming together, it will be a difficult proposition trying to match our wits with a giant like ExxonMobil,” ...

Opposition Leader Bharrat Jagdeo came out in swinging defence of former Finance Minster, Dr. Ashni Singh and former Head of the Privatisation Unit, Winston Brassington who have been charged with misconduct in public office. “In three years, that’s all you can charge for ? procedural errors and we don’t believe they are procedural errors,” Jagdeo told a news conference. He ...

Former Finance Minister, Dr. Ashni Singh and former Head of the National Industrial and Commercial Investments Limited (NICIL)/ Privatisation Unit, Winston Brassington were Thursday given until early next month to make an appearance in connection with the sale of three plots of land for a total of more than GY$900 million. Three charges of alleged misconduct in public office were ...

Former Finance Minister, Ashni Singh and former Head of the Privatisation Unit, Winston Brassington have been charged in connection with the sale of threw plots of land. Their lawyer, Anil Nandlall said they have been charged with three counts f misconduct in public office. Nandlall said it has to with the sale of the three plots of land on the ...

Former Chancellor of the Judiciary, Carl Singh says Guyana’s judiciary “has survived a testing period” characterised by one of his predecessors calling on the judiciary to toe a socialist line in support of the then government, affixing of the People’s National Congress’  (PNC) flag outside the Court of Appeal and then President Janet Jagan tossing court papers over her shoulder. ...

Former Chancellor of the Judiciary, Carl Singh on Wednesday night recommended that parliamentarians cease their ruckus in the House and instead change the laws that conflict with constitutionally guaranteed fundamental rights. Delivering a lecture on “The Constitutional Guarantee of Fundamental Rights and the Citizen” at the University of Guyana (UG)-organised third conversation on law and the society, Singh said the ...

Reproduced from Trinidad Newsday PARENTS of an 11-year-old student say their child is being prevented from writing the Secondary Entrance Assessment (SEA) exam, next month, and are threatening to approach the High Court for an injunction to force the Education Ministry to permit him to sit the test. Attorneys for the child’s parents have written to Education Minister Anthony Garcia ...