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News

GRA going after VAT cheats; VAT exemption criteria to be overhauled

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia on Monday  announced that tax agents would be deployed to go after businesses that cheat the 16 percent Value Added Tax (VAT) amounting to billions of dollars. “We also have to shift our resources into the enforcement mode and go behind the businesses for them to comply so we are ...

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Govt agrees to repay NIS money invested in failed CLICO

Guyana’s social security system, the National Insurance Scheme (NIS) , is set to receive a GYD$5.6 billion cash injection over the next 20 years to compensate for a loss of money in the failed Colonial Life Insurance Company (CLICO). He said Cabinet has approved the government repaying NIS through non-negotiable Guyana government debenture certificates over a 20 year period at ...

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Guyana’s economy improves, despite rice, sugar shortfalls

Guyana’s economy has registered an improvement during the first six months of the year largely due to improved gold performance but it is projected to decline slightly due to poor performances of rice and sugar, Finance Minister, Winston Jordan said Monday. “This very good performance was attributed mainly to growth in the mining and quarrying sector,” he said. He said ...

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Time for Afro-Guyanese to demand benefits from govt they voted for

Afro-Guyanese, largely supporters of the David Granger-led administration, were Sunday urged  to pressure government into looking after their welfare in exchange for the votes that they cast for the APNU+AFC coalition last year. The calls were issued at the Cuffy250 Fourth Annual State of the African Guyanese Forum held at the Critchlow Labour College, Woolford Avenue, Georgetown. Delivering the opening ...

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“Clock is ticking” on plan to improve the state of Afro-Guyanese – Granger

President David Granger on Sunday urged numerous African Guyanese organisations to come together, even as he pledged his government’s support to end racial discrimination, create jobs and improve access to education. “I am not going to be so crass as to ask you to measure the accomplishments so far in this decade but what I would like to caution you ...

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Policeman arrested after shooting suspected wife beater

The Guyana Police Force says that at about 8 O’clock Friday night a mother reported to the police at Itaballi Check Point, that her daughter was being assaulted by her reputed husband(daughter). The subordinate officer in-charge sent a constable with a Service firearm, along with the reporter. On arrival, the assailant (reputed husband) was contacted and in the intervening process ...

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GTT’s services back at “full strength,” Cheddi Jagan Int’l Airport’s automatic check-in system working again

The Guyana Telephone and Telegraph (GTT) said that as of 7 AM on Friday, August 5, 2016 all its services have been restored to “full strength.”   “Our *100# menu is back and is ready to provide you with all the services that you have become accustomed to,” the company stated. This includes MyAccount and Mobile Money services. Meanwhile, the ...

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Guyana to get three more towns in coming years

President David Granger on Friday announced plans to create three more towns as part of efforts to trigger economic activity and target Caribbean and South American markets while satisfying local demand. “This is something that we’ll rectify over the next three years; that every single region must have a regional capital,” he said at the commissioning of a support and oil ...

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Single hull tankers pose risk of major oil spills; Guyanese company ready to clean up

A Guyanese company, now capable of providing oil spill clean-up services, on Friday raised concerns about the risk of massive marine and coastal pollution if single-hull vessels are not phased out from carrying fuels in Guyana. Chief Executive Officer of GAICO Construction and General Services, Komal Singh called for efforts to be made to reduce that type of risk at ...

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No proof who killed Walter Rodney- Prime Minister Nagamootoo

Prime Minister Moses Nagamootoo has suggested that in the absence of former Guyana Defence Force (GDF) Sergeant, Gregory Smith he does not have any clear evidence to show who was behind the killing of renowned Guyanese historian and politician, Dr. Walter Rodney. “I don’t have the answer whether Forbes Burnham or the PNC (People’s National Congress) or rogue elements in ...

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