News

Finance Minister Winston Jordan believes the local manufacturing sector is not doing enough and has to take stock of itself and that its contribution to national earnings today is a mere five percent of the Gross Domestic Product (GDP)—a far cry from four decades ago when it stood at 15 per cent. The Minister of Finance on Thursday (March 2, ...

by Gary Eleazar The Indo-Guyanese population has been called on, to rise up and protect the gains made in the 100 years since the abolition of indentureship, particularly when it comes to the rice and sugar industries and to fend off the frontal, targeted attacks by the ruling administration. The audacious charges were made by Indo-Guyanese leaders that gathered under ...

Trinidad and Tobago fraudster, Anthony Nestor, was today instructed by the court to pay Brandsville Hotel $260,824 and also to pay a court fine of $100,000, or serve a 36 month prison sentence, after which he will de deported. City magistrate Judy Latchman handed down the ruling today, which was due a few days ago. The ruling could not proceed ...

Chief Magistrate Ann McLennan today handed down a 18 month prison sentence with a $60,000 fine for illegal gun and ammunition possession against an Annandale, East Coast Demerara man. 30-year-old Delson Wayne, a Mason by profession and no stranger to the law, was arrested last October and charged for the illegal gun and ammunition possession. He has been on remand ...

by Gary Eleazar   Those found to be abusing concessions granted by government, as incentive primarily towards business ventures, if caught will now have to pay up the applicable taxes that were waived by the Guyana Revenue Authority (GRA) or have that concession withdrawn or seized altogether. GRA’s Commissioner General, Godfrey Statia made the disclosure on Thursday (March 2, 2017) ...

Trinidad and Tobago, and Suriname have offered to refine Guyana’s oil, although ExxonMobil reserves the right to take its portion elsewhere for processing, authorities said Thursday. Minister of Natural Resources, Raphael Trotman said  Trinidad and Tobago’s oil refinery, which has a capacity to process 175,000 barrels per day, has been operating “below optimum” even with the importation of oil from ...

Minister of Natural Resources, Raphael Trotman on Thursday cautioned against releasing details of oil exploration and production contracts because of the likely implications this may have for addressing border claims by Suriname and Venezuela. “Government, at this point in time, is of the view that full disclosure would not be to the national benefit or the national interest,” he told ...

Chief Magistrate Ann McLennan today remanded a former police officer for the murder of 19-year-old Ryan Sergeant, known as Harry, who was gunned down outside the Rio Night Club last September. 35-year-old murder accused, Lloyd Roberts known as Robbie, was not required to plea to the charge which alleged that on September 26 last year, he murdered 19-year-old Sergeant. Roberts ...

Justice Brassington Reynolds ruled this afternoon against an application made by Georgetown Town Clerk Royston King disputing the High Court’s power to continue hearing legal challenges against the parking meter regime. The Court can now move ahead with the challenge brought by Mohendra Arjune, who is represented by Attorney Kamal Ramkarran. Additionally, Justice Reynolds heard another request today, which would ...

  –as  Finance Minister urges ‘Buyer Beware’ of shady vendors   by Gary Eleazar The Guyana Revenue Authority (GRA) has begun moving against businesses targeting unsuspecting consumers, by applying the 14 per cent Value Added Tax (VAT) on items which are zero-rated or exempt. This was confirmed by Tax Chief, Godfrey Statia, who on Thursday (March 2, 2017), met with ...