Ultimate impact on our financial health hinges on resolution of election impasse-Citizens Bank

While the COVID-19 pandemic and the unsettled decision of the 2020 elections results present several immediate risks, the Board Members of Citizens Bank remains...

Bristow close to declaring bankruptcy, under investigation

The impending declaration of bankruptcy from the Bristow Group – Exxon's helicopter service provider – is already drawing attention on the international aviation stage...

APNU+AFC govt. loans GPL US$50M for generators still to be provided

Even after the recount of votes cast in the controversial March election was completed, former Minister of Finance, Winston Jordan approved the release of...

GuySuCo hits rock-bottom, Chairman begs Granger for funds to survive beyond this week

The Guyana Sugar Corporation (GuySuCo) has reached rock-bottom. The state-owned company is neck-deep in $2.1B debt, the cash in hand is barely enough to...

Designs for overhauled Vreed-en-Hoop, Stabroek Stellings to be completed this year

After years of calling for better facilities, commuters that utilise the Vreed-en-Hoop and Stabroek Market Stellings, are closer to being at ease, as the...

Bhagwandin’s Bombshell: Opposition knew of Exxon’s US$211M slash to disputed costs but stayed mute...

Financial analyst, Joel Bhagwandin has thrown a stark spotlight on the glaring failures of the political opposition in serving its primary role—holding government accountable....

Exxon and partners invested $4 Trillion into Stabroek Block last year; trillions more to...

ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) and its partners expended a whopping $4 trillion into the Stabroek Block last year and...

GRA boss rejects GTT’s offer to only pay portion of US$44.1M taxes owed since...

The Guyana Telephone and Telegraph (GTT) is currently involved in discussions with the Guyana Revenue Authority (GRA) regarding disputed tax assessments, totaling US$44.1 million....

Central Bank says nation must brace for rise in debt and unemployment levels; decline...

In light of the restrictive measures imposed since early March to contain the spread of the coronavirus such as the closure of the Guyana/Suriname...

IDB lending US$11.6 M support to transform Guyana’s Energy Sector

Guyana is set to transform its energy governance with help from the Inter-American Development Bank (IDB). This will translate to an US$11.64 M loan...

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