NCN’s liabilities outweigh value of asset by over $107M – Audit

Even under new leadership, the National Communications Network (NCN) cannot seem to get its act together. For the third time,...

Govt. forks out $264.5M in rental fees for controversial Sussex Street Bond

In spite of scathing criticisms, the government is still renting the controversial Sussex Street bond in Albouystown. In fact, as...

US$950M Demerara River Crossing Project can make or break Guyana’s economy -Nandlall warns

If the coalition administration is not careful, then its US$950M Demerara River Crossing Project can break Guyana’s comparatively small, relatively...

68 percent of GRA revenue comes from less than 300 taxpayers -Statia

Earlier today, Guyana Revenue Authority (GRA) Commissioner General, Godfrey Statia revealed that “less than 300 large taxpayers account for 68...

Govt. knows who funded Marriott Hotel-Jagdeo

For years, Opposition Leader, Bharrat Jagdeo has skillfully avoided revealing the names of the persons who funded the controversial US$52M...

City Hall implements new system to stop tax leakages

The Mayor and City Council (M&CC) has launched today, a pilot project which will see the old system of on-foot...

High fuel prices, other factors lead to decline in gold declarations by small-medium scale...

Deplorable road conditions and high fuel prices were just two of the multiple factors that affected the performance of small...

Finance Minister already lowers expectations for economic growth by .4 percent

Finance Minister, Winston Jordan has already begun chiseling at Guyana’s Gross Domestic Product (GDP) growth projections for 2018. The economy...

ExxonMobil’s partners only bring money to Stabroek Block

The Stabroek Block is controlled by a consortium of three companies: Hess Guyana Exploration Ltd, China National Offshore Oil Corporation...

Guyana can end up repaying oil companies for unnecessary costs in absence of Expense...

Every Production Sharing Contract (PSC) ought to have an expense policy; a clear set of provisions that state what can...

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