Category: News

Not everyone can say they turned their worst period into an experience to teach others, to mend broken souls and to create beautiful memories, but for Sheik Shamshudeen, he can! He can painfully tell you what it is like to be homeless, to find sustenance in the refuse of others but he can also tell you how to conquer your demons and build a beautiful family. He can make you dream so big that it is hard to contain the smile that envelops your face while he speaks about finding…

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A revealing assessment report from the International Monetary Fund (IMF) has shed light on deficiencies in tax administration systems in operation in Guyana and other countries in the Caribbean Community (Caricom). The IMF found there is need for revenue authorities to review decades of incremental tax changes that have needlessly complicated personal income tax (PIT) systems. This review, the report notes, must be a fundamental one. The report, which originated from the IMF’s Fiscal Affairs Department out of an assessment that began earlier this year, noted that PIT systems “generally…

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The Guyana Lands and Surveys Commission (GL&SC) is working towards identifying areas for new Land Development Schemes for the year 2018. This is according to Commissioner Trevor Benn, who last week said: “When people come to the office to apply for new land, we don’t have a plot number to say we have these available. So, we are looking at developing new areas like the Linden Highway so that people can have access to lands.” According to Benn, GL&SC has been challenged to open new areas for houselot distribution as…

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Opposition Leader Dr Bharrat Jagdeo has blistered the Government for justifying its act of hiding the US$18 million signing bonus it received from ExxonMobil, noting that their argument about monies paid by CGX is irrelevant and totally different to the issue at hand. In June of 2000, the Surinamese military seized a rig belonging to CGX. The rig was at the time operating in the Corentyne River; the border between Guyana and Suriname. As a result of the seizure, Guyana took the issue to the United Nations Convention on the…

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Amidst continued protest over the late payment of wages and salaries, the Municipality of Georgetown has embarked on a workforce audit, individually assessing the viability of its more than 800 staff members. This move comes after a continued call for downsizing from Chairman of the City’s Finance Committee, Oscar Clarke. City Hall currently employs over 800 persons, with its wages and salaries bill amounting to over 68 per cent of its revenue. In relation to this, Mayor Patricia Chase Green said the suggestions for the downsizing have been constant, even…

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…company renegotiates oil exploration plan with Govt Canada-based oil and gas exploration company CGX has announced plans to conduct an offshore exploration whereby it will be drilling the Corentyne block by November 27, 2019 in search of oil. The company, which has had operations in Guyana for many years, made the announcement on Monday, stating that it has renegotiated its work plan with the Guyana Government. As part of the renegotiation, the company has also agreed to relinquish 25 per cent of the acreage of both the Corentyne and Demerara…

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A mother of one was on Sunday afternoon trailed and eventually attacked by a pair of armed and unmasked bandits while conducting business on the West Coast of Demerara (WCD). Bhavana Samtani is now left counting her losses which add up to approximately G$900,000. According to information reaching Guyana Times, Samtani, accompanied by her son, had just cashed a cheque at a bank in Parika, and while going about her business within the area, she was being tracked by the robbers. Shortly after the woman boarded a bus destined for…

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Even as the furore over a US$18 million signing bonus the Government received continues, ExxonMobil has distanced itself from Government’s decision to use the money to pay legal fees. While it acknowledged paying the money into the Bank of Guyana account, its input in the process ended there. According to Exxon’s Senior Director of Public and Government Affairs, Kimberly Brasington, the company followed, and will continue to follow, local laws and regulations it encounters. She noted that while the transaction was a normal one, Exxon did not have a say…

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