The presentation of the 2015 Annual Public Debt Report, by Minister of Finance Winston Jordan before the National Assembly on Friday, revealed that Guyana’s total public debt at the end of December 2015 was GYD$317.7Billion. Addressing the National Assembly, Minister Jordan stated that the APNU+AFC government, will in 2017, be working to modernise the Consolidated Debt Management Act as part ...

Local agro-entrepreneurs are upbeat about the future of agro-processing in Guyana. The Guyana Marketing Corporation (GMC) on Saturday held a fair on the Avenue of the Republic for businesses to showcase their products, and it was there participants expressed their optimism for the sector’s future. One of GMC’s major roles is collaborating with stakeholders for the development of agri-businesses so as ...

The Chinese-owned Bosai Minerals Group has agreed to buy a manganese project at Matthews Ridge, North West District from the Canada-headquartered Reunion Gold Corporation for US$10 million. Under the deal announced by Reunion, it on November 4, 2016 agreed to sell “all of its rights, title and interest” in the project to Bosai which would begin paying 50 percent of the agreed amount when production ...

A father of seven is now on remand after appearing before Magistrate Fabayo Azore on two charges of armed robbery. It is alleged that on June 26, 2016 at Georgetown, armed with a gun, Patrick Smith robbed Gunraj Brijlall of cash and items valued over GYD 775,000. The second allegation is on the same date in Georgetown, he robbed Carletta ...

by Abigail Semple A Trinidadian man, who has been allegedly involved in a number of fraud matters in his country, appeared at the Georgetown Magistrates Court Friday on two counts of fraud. The first charge against Anthony Nestor is that between April 1 and April 15, 2016 at Campbellville Georgetown, he incurred a debt of GYD$260, 824 at Brandsville Hotel. ...

Opposition Leader, Bharrat Jagdeo on Friday challenged President David Granger to bring on the mother of all inquiries into periods of violence in Guyana. “We should do the mother of all inquiries and then examine the role of individuals in that period,”  the former Guyanese leader said in debating President David Granger’s latest address to the Parliament. Quoting a section ...

Under pressure from the opposition People’s Progressive Party Civic (PPPC) in the National Assembly, Minister of Communities,  Ronald Bulkan buckled and said the biocide, Antinfex, was in fact used for purification purposes. Moments earlier, in response to a series of questions by PPPC Frank Anthony, Bulkan repeatedly stated that Antifex “has not been used for purification at any of the ...

The Chairman and Vice Chairman of the recently-sworn in Public Procurement Commission (PPC) have been unanimously agreed to and the salaries fixed for that five-member body that is now responsible for the award of multi-million contracts. The Chair is Ms Carol Corbin,  up to recently a very senior administrator at the Guyana-based Caribbean Community (Caricom) Secretariat and wife of former ...

President David Granger Thursday evening presented GYD$1 million dollars to President’s College at its 26th Graduation exercise, to boost the school’s science and technology facilities, even as he noted that education, which has been founded in the sciences, can lead to the development of the country. The Ministry of the Presidency said Granger told the graduands, parents, teachers and officials that ...

Police have identified the bandit who was shot dead by a licensed firearm holder at Diamond, East Bank Demerara. He is Elijah De Florimonte of Middle Road, La Penitence. He had given authorities his occupation as a contractor. De Florimonte’s body was identified by someone who knew him well, hours after the Guyana Police Force released a bloodied picture in an effort ...