Guyana’s move to renewables by 2025 highly improbable-World Bank

Despite Guyana’s determination to convert to renewables, the World Bank has found that there have been various setbacks which make it highly improbable that...

You must shun bribery, threats and intimidation – Jordan tells Ministry’s internal auditors

The coming oil and gas industry will demand more from the Ministry of Finance’s internal auditors. As such, Finance Minister, Winston Jordan yesterday charged...

Penalties being considered for Republic Bank, should compensate customers for distress –Central Bank Head

Even though Republic Bank has promised to do “its very best” to bring an end to the distress customers are facing as it updates...

MoU signed between Bank of Guyana, Central Bank for prudent management of Natural Resource...

Minister of Finance, Winston Jordan and Central Bank Governor, Dr. Gobind Ganga, signed a Memorandum of Understanding (MoU) today at the Ministry’s Boardroom on...

“We didn’t smell it, much less see it,” – GAWU GS denies receiving EU...

As the Government of Guyana and the Parliamentary Opposition continue to lock horns over what became of the $34B that was provided by the...

Digicel neck-deep in over US$6B debt; projects it will increase 7.0 times its earnings...

Regional Telecommunications provider, Digicel Group Limited, has been struggling for the past four years to reduce a US$6.8B of debt. Research conducted by this news...

Hinds eager to repeal Property, Capital Gains, Excise Taxes if elected, but has not...

If elected to office, the recently formed Change Guyana party will wipe out Property, Capital Gains and Excise Taxes, all of which brought in...

Will concession to foreign companies put Guyanese businesses at a disadvantage? – GMSA wants...

The Guyana Manufacturing and Services Association (GMSA) is calling for a “critical” evaluation to be undertaken to ascertain whether the granting of concessions by...

Demerara Bank sees “best year yet” with $2.2B in after-tax profit-Chairman

The Demerara Bank Limited executives are smiling from ear to ear after recording billions of dollars in profits for the fiscal year ended September...

Correspondent banking no longer an issue for Guyana- Central Bank Head

Several months ago, Guyana’s authorities were facing difficulties with correspondent banks that desired to leave and, in some cases, sell their operations, due to...

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