Natural Resource Fund will collect discovery, production bonuses and profits from National Oil Company

According to the Natural Resource Fund (NRF) legislation, all petroleum revenues would be paid into an account at the US Federal Reserve Bank. But...

Court not finding exhibits in trial of former accountant at GRDB

It seems as though the exhibits in relation to one of the trials involving former accountant of Guyana Rice Development Board (GRDB), Peter Ramcharran...

Labourer charged with trafficking ecstasy granted bail

The analysis report which is outstanding two months after a man was charged for trafficking ecstasy has resulted in the defendant being granted bail. Thirty-three-year-old...

Hess shares ‘on fire’ due to oil producing Stabroek Block- Investment Banks

Since oil production commenced in the Stabroek Block on December 20, last, the shares for Hess Corporation which has a 30 percent stake in...

Tucville man gets three years for trafficking ganja

City Magistrate Dylon Bess, moments ago sentenced a Tucville man to three years behind bars after finding him guilty of trafficking narcotics. Forty-three-year-old Christopher Cummings,...

Foo hits fifty, Reifer and Sinclair impress with the ball in Jaguars practice match

Leon Johnson’s side opted to field on the first day of their second practice match at the Providence National Stadium on Thursday, prior to...

Hope Coconut Industries no longer on the verge of bankruptcy – Agri. Minister

The Hope Coconut Industries Limited (HCIL) has a bright financial future, given that it raked in $36M in 2019. This represents a 47% increase...

Shortage of construction materials still a challenge for CH&PA

The shortage of construction materials still poses a major challenge for the Central Planning and Housing Authority (CH&PA). So much so, it has affected...

GTT replaces damaged cable in Demerara River

The Guyana Telephone and Telegraph Company (GTT) on Wednesday started the replacement process of damaged submarine cable in the Demerara River. According to the company,...

$200M Technical Institute completed in Region 9

A $200M technical institute has been completed at Bina Hill, Annai (Upper Takutu-Upper Essequibo) and will be commissioned this month. The Hinterland Green Enterprises Centre...

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