Ethanol, molasses production likely key to GuySuCo’s 2026 breakeven projection – Minister
The Guyana Sugar Corporation (GuySuCo) is projected to breakeven by 2026 following plans to scale up the production of ethanol and ‘high grade’ molasses...
Dr. Hinds pours cold water on IMF’s positive appraisal of govt’s oil revenue management
Working People’s Alliance (WPA) Executive Member, Dr. David Hinds has poured cold water on the International Monetary Fund’s (IMF)’s recent commendation of the People’s...
Local banks will be able to better assess, guard against major losses by year-end...
It was in 2017 that Central Bank completed a draft of the stress testing guidelines which would be used by the banking system. Providing...
IMF avoids committing to cancel debt owed by Caribbean nations
In an effort to ensure they have more money available to respond to COVID-19 as well as help the recovery of their economies, the...
Govt. signs off on $100M small business loan agreement
In a move to enhance access to financing and empower small and medium enterprises (SMEs) in Guyana, the government has signed a $100 million...
President announces salary increases for public servants
President David Granger has announced salary increase for public servants. See below the Head of State's address to the nation:
A proficient Public Service is...
Guyana Goldfields’ share price tumbles by 70 percent
According to the Toronto Stock Exchange, the share price for Guyana Goldfields Inc. has tumbled by 70 percent. It is now trading at CDN$1.66.
Shareholders...
Getting Bankers’ information is major stumbling block in money laundering probes – Ramjattan
Getting access to bankers’ books in several money laundering probes has been prohibited by the court. However, access to these records are essential in...
Gov’t announces 7% increase in Public Servants wages
Government will be paying an across-the-board increase of seven percent to public servants, teachers, members of the disciplined services, constitutional office holders, as well...
Credit Info making access to financing easy and swifter – CEO
Guyana’s first credit bureau, Credit Info, is calling on loan agencies and citizens desirous of acquiring loans to utilize its services to ensure an...
