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News

$2,000 bill goes into circulation very soon

Guyanese will soon have a $2,000 bill to spend, Governor of the Bank of Guyana Dr. Gobind Ganga confirmed on Friday. He said the new currency note would go into circulation in few weeks after all of the administrative procedures such as publication in the Official Gazette, alerting the public about the security features and presenting one of the notes ...

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Guyanese New York stock promoter sentenced to prison for “Pump and Dump” securities fraud scheme

A New York man has been sentenced to 18 months in prison for his role in an illegal pump-and-dump stock manipulation scheme. Acting U.S. Attorney Charles J. Kovats made the announcement after Senior U.S. District Judge David S. Doty sentenced the defendant, the United States Department of Justice said Thursday night. According to court documents, Christopher James Rajkaran, 36, of ...

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Youth dies after stepfather stabs him during domestic dispute with mom

A 19-year-old man, who was allegedly stabbed by his stepfather during a domestic altercation with his mother,  died on Thursday at the Infectious Disease ‘COVID’ Hospital, police said. He has been identified as Isaiah Edwards of East La Penitence Squatting Area, Georgetown. Police said that the man was stabbed to his right hip by his stepfather at about 6:30 Wednesday ...

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Ex-partner stabs woman at her mom’s home

A woman was Thursday afternoon stabbed to death by her ex-partner at her mother’s home in ‘C’ Field, Sophia, Greater Georgetown, the Guyana Police Force said. Dead is 28-year-old Loretta Simon of Cooper Street, Albouystown, Georgetown. The woman was stabbed at about 1 pm. Police say that the woman allegedly met her demise at the hands of her ex-partner who ...

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Income tax threshold increases, higher pension, school children grants, measures to reduce cost of living announced

Guyanese who earn $75,000 per month or less will no longer have to pay income tax. Finance Minister Dr Ashni Singh made the announcement in his 2022 National Budget speech. “In this regard, we are proposing to increase the monthly income tax threshold from $65,000 to $75,000 monthly, thereby releasing a total of $1.3 billion into the hands of current ...

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APNU+AFC asks for time to decide on next opposition leader after Harmon resigns

The opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) has asked for time to deliberate about who should emerge as Guyana’s new opposition leader following Mr. Joseph Harmon’s resignation from that post earlier Wednesday. “The Chief Whip of the APNU+AFC has said that they will indicate to me at a later time their availability for me to convene a ...

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BREAKING: Harmon resigns as Opposition Leader

Mr. Joseph Harmon on Wednesday resigned as Guyana’s Opposition Leader, a day after he stepped down from the post of General Secretary of the People’s National Congress Reform (PNCR)-led A Partnership for National Unity (APNU), sources said. This now paves the way for someone else to be sworn in to take up that constitutional post. But, there is no clear ...

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Jamaican arrested on marijuana farm in Guyana

A Jamaican man was Wednesday in custody after  he was allegedly caught on a half-acre marijuana farm at Nabaclis, East Coast Demerara. The Customs Anti-Narcotics Unit (CANU) said that during the operation on Tuesday, a shotgun, several types of ammunition, a crossbow and several arrows were also seized at the location. He has been identified as 46-year old Winston Thompson. ...

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Bailout for high cost living; income tax to be lowered

President Irfaan Ali on Tuesday , one day ahead of the 2022 National Budget presentation, announced that government  has set aside money to cushion the impact of  rising cost of living but indicated that it would not be unconditional cash grants. “A specific sizeable allocation will be made to address the issue of cost of living,” he said, adding that ...

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PNCR Leader Aubrey Norton now APNU Chairman; Harmon gives up General Secretary post

The leader of the People’s National Congress Reform, Aubrey Norton was Tuesday elected Chairman of the umbrella A Partnership for National Unity (APNU), after Mr. David Granger stepped down. APNU General Secretary, Joseph Harmon also stepped down as General Secretary of that loosely-knit coalition of the PNCR, the major party, and several small and little known parties. “The substantive agenda ...

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