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Business

No VAT on electricity, water, health, education, cell phones

President Irfaan Ali on Monday announced that government would be reversing Value Added Tax on Electricity and water and medicines. Vice President Bharrat Jagdeo said the total relief to people and businesses would be more than GYD$40 billion annually. He also said VAT on private education and private health care would be removed as well as corporate tax on private ...

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Demerara Harbour Bridge retractor span problems force closure to marine traffic; barge likely for heavy duty vehicles

The retractor span at the Demerara Harbour Bridge has developed major problems and officials say after Sunday morning at 8:30, marine traffic will be unable to pass for “a few days.” The Ministry of Public Works said the bridge would be retracted under the supervision of engineers to allow marine traffic to pass. “After this opening, marine traffic will be ...

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Guyana eyes Russian, other vaccines; about to use Remdesivir to fight off COVID-19

Health Minister Dr. Frank Anthony said Guyanese experts would be holding talks with Russian officials about a  COVID-19 vaccine that is now entering stage three trials, even as the country prepares to next week use a generic version of the antiviral drug, Remdesivir, to treat critically ill patients. Dr, Anthony said there has been no decision to buy or commit ...

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No heavy duty vehicles allowed on Demerara Harbour Bridge until 2 PM today

Heavy-duty vehicles are not being allowed to cross the Demerara Harbour Bridge at the moment. Authorities say that category of vehicles is expected to begin crossing again at 2 O’clock this afternoon. The sources say a major structural problem has developed, causing the Demerara Harbour Bridge to prevent heavy duty vehicles from crossing the east-west thoroughfare. The officials say while ...

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Guyana asks India to help reopen sugar estates

As sugar production plummets to an all-time low this year, Guyana is turning to India to assist with reopening the sugar estates that were closed about four ago by A Partnership for National Unity+Alliance For Change (APNU+AFC)-led administration. “As a matter of fact, I recently submitted the Terms of Reference and they (the Indian Government) will be sending two specialists ...

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Supporters of PPP, small political parties on GUYOIL, Gaming Authority boards

A number of the small political parties that contested general and regional elections earlier this year continue to be given a stake in national decision-making. Two of the newly-constituted board members of the State-owned Guyana Oil Company (GuyOil) have been drawn from the United Republican Party (URP) and A New and United Guyana (ANUG). URP Leader Dr. Vishnu Bandhu and ...

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Two arrested for Bourda Market assault, robbery of caterer

Two men were Tuesday afternoon arrested by police minutes after one of them allegedly lashed a caterer with a handgun and robbed her while she was shopping at Bourda Market, the Guyana Police Force said. The 42-year old woman told investigators that she was robbed of cash and other valuables  valued GYD$75,000. The incident occurred at about 2:30 PM. The ...

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Curfew back to 6 PM to 6 AM, as positive cases, deaths increase

by Samuel Sukhnandan Two weeks after relaxing the daily curfew time by two hours, the government has now decided to revert to implementing the old curfew from 6 P.M. to 6 A.M, as the coronavirus death toll increased to 41. This new measure takes effect from September 1 and ends on September 30, 2020, according to the order published in ...

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Trio held for GYD$1.2 million cigarette heist from Wakenaam businessman

Three men were arrested in connection with the theft of 350 cartons of cigarettes worth GYD$1.2 million from an 81-year old businessman of 22 Good Success, Wakenaam Island, Essequibo River, police said. Investigators said one of the suspects is from Tuschen, East Bank Essequibo and the two others are from Wakenaam and 318 cartons of cigarettes and eight packs of ...

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