Parents in Region Six are thankful for the government’s cash grant aimed at students taking the Caribbean Advanced Proficiency Examination (CAPE). Lucinda Galloway, who looks after her niece, mentioned that the girl is currently enrolled in her first year of Law at New Amsterdam Multilateral Secondary School. Lucinda believes this initiative is great. “It’s going […]
FINANCE
Local companies earn over US$1.6 billion under Guyana’s Local Content Act
Guyana’s Local Content legislation continues to deliver tangible economic benefits, with local businesses collectively earning more than US$1.6 billion since the law’s passage, according to Michael Munroe, the newly appointed Director of the Local Content Secretariat. Speaking on the “Starting Point” podcast, Munroe outlined the steady growth in contract awards to Guyanese firms operating within […]
Gold prices hit record US$4,000 as investors run from uncertainty
Gold prices have surged to a historic US$4,000 per ounce, the highest level ever recorded, as investors seek safety in the precious metal amid global economic and political turbulence. The spike comes as the U.S. dollar weakens, inflation remains stubborn, and investors brace for continued instability in global markets. Gold futures briefly reached US$4,014.60 on […]
Gov’t to roll out reformed public assistance system in 2026 -Jagdeo
Vice President Dr. Bharrat Jagdeo has announced that government is in the process of reforming the public assistance system to ensure that vulnerable citizens can access support more fairly and quickly. Speaking at his weekly press conference, Jagdeo highlighted complaints from persons seeking help under the programme, particularly through the Board of Guardians. He said […]
Stock Exchange Reform on the Horizon
Guyana’s stock exchange is poised for reform as the government seeks to make capital markets a central pillar of the country’s expanding economy. Vice President Dr. Bharrat Jagdeo said the current system, which has existed for decades, remains underdeveloped due to the limited number of companies willing to list publicly. “Many private firms still prefer […]
Gov’t to close loopholes in foreign currency market, abusers to face crackdown -Jagdeo
Vice President Bharrat Jagdeo has made it clear that while Guyana’s foreign exchange market remains stable, the Government is moving to clamp down on individuals and entities who are exploiting the system. Speaking at his weekly press briefing, Jagdeo stated that there is significant evidence indicating that some foreign nationals, including individuals who are not […]