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    BUDGET 2021: Gov’t slashes cost for hinterland travels; removes VAT on internet 
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: Gov’t slashes cost for hinterland travels; removes VAT on internet 

    The government has taken steps to reduce the cost of transportation to Guyana’s hinterland regions and removed Value Added Tax…

    BUDGET 2021: Gov’t reduces water rates; removes VAT from basic food items
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: Gov’t reduces water rates; removes VAT from basic food items

    As part of the measures in the 2021 National Budget, the government has announced a reduction in water rates and…

    BUDGET 2021: VAT removed from construction materials
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: VAT removed from construction materials

    In recognising the importance of the construction to Guyana’s economic development, the People’s Progressive Party/Civic (PPP/C) government has removed Value…

    School children’s grant now $15,000, old-age pension now $25,000
    • Business
    Feb 12, 20211 Min Read
    School children’s grant now $15,000, old-age pension now $25,000

    As part of the budgetary measures in the 2021 National Budget, each school child will benefit from a $15,000 cash…

    BUDGET 2021 is $383.1 billion; economy projected to grow by 20.9% in 2021
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021 is $383.1 billion; economy projected to grow by 20.9% in 2021

    The 2021 National Budget is pegged at a whopping $383.1B and has been financed with no new taxes, according to…

    E-Networks thanks GCCI for Business of the Year award
    • Business
    Feb 12, 20212 Mins Read
    E-Networks thanks GCCI for Business of the Year award

    E-Networks Inc, Guyana’s only local internet and TV services provider, today expressed its appreciation to the Georgetown Chamber of Commerce…

    BUDGET 2021: 10,000 house lots, 7,000 land titles in 2021
    • Business
    Feb 12, 20211 Min Read
    BUDGET 2021: 10,000 house lots, 7,000 land titles in 2021

    Thousands of citizens will have their own houses in 2021, as the government intends to distribute 10,000 house lots while…

    BUDGET 2021: $5.1B allocated to boost sea defence
    • Business
    Feb 12, 20211 Min Read
    BUDGET 2021: $5.1B allocated to boost sea defence

    The government will be seeking to boost Guyana’s sea and river defence capabilities through a $5.1 billion injection from the…

    BUDGET 2021: $25.6B for roads and bridges
    • Business
    Feb 12, 20211 Min Read
    BUDGET 2021: $25.6B for roads and bridges

    The government has allocated a total of $25.6 billion in the 2021 Budget to support the construction and upgrading of…

    BUDGET 2021: $360M to be made available in ‘Universality fund’
    • Business
    Feb 12, 20211 Min Read
    BUDGET 2021: $360M to be made available in ‘Universality fund’

    A Universality fund, a new feature of the telecommunications regulatory regime, will allow poor and vulnerable communities to access greater…

    BUDGET 2021: GPL gets $2B bailout; large sums for hydropower projects 
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: GPL gets $2B bailout; large sums for hydropower projects 

    The government has announced a $2 billion bailout for the Guyana Power and Light (GPL) Inc. and has allocated large…

    BUDGET 2021: $235M to make ‘doing’ business easier in Guyana
    • Business
    Feb 12, 20211 Min Read
    BUDGET 2021: $235M to make ‘doing’ business easier in Guyana

    With the aim of enabling more efficient and standardised business processes in Guyana, a sum of $235 million has been…

    BUDGET 2021: $22.6B for Agriculture; $185M for Hospitality Institute
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: $22.6B for Agriculture; $185M for Hospitality Institute

    As the government unveils its fiscal plan for 2021, huge sums have been allocated to support the struggling non-oil sectors.…

    BUDGET 2021: $2B for ‘critical’ capital works at GuySuCo
    • Business
    Feb 12, 20212 Mins Read
    BUDGET 2021: $2B for ‘critical’ capital works at GuySuCo

    Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh has announced that the 2021…

    Gov’t to tap into US$135M for renewable energy, sustainable development
    • Business
    Feb 12, 20212 Mins Read
    Gov’t to tap into US$135M for renewable energy, sustainable development

    The government will be tapping into US $135 million that has already been secured for the development of renewable energy…

    Economy grew by 43.5% in 2020; Budget 2021 aims to advance recovery
    • Business
    Feb 12, 20212 Mins Read
    Economy grew by 43.5% in 2020; Budget 2021 aims to advance recovery

    The local economy, hampered by the effects of the COVID-19 pandemic and the protracted general and regional elections, grew by…

    Benjamin’s Bakery rising from the ashes
    • Business
    Feb 12, 20213 Mins Read
    Benjamin’s Bakery rising from the ashes

    February 27, 2021, would mark four years since Benjamin’s Homemade Bakery at Buxton, East Coast Demerara, went up in flames,…

    Ali says Gov’t will answer for every cent of oil money, to publish all financial data 
    • Business
    • Politics
    Feb 11, 20213 Mins Read
    Ali says Gov’t will answer for every cent of oil money, to publish all financial data 

    President Irfaan Ali used his inaugural address to Parliament on Thursday to assure Guyanese that, among other things, his government…

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