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CCJ upholds Presidential limit

…nixes Jagdeo third term bid The Caribbean Court of Justice (CCJ) by a 6-1 majority upheld the constitutional amendment on term limits for Presidential Candidates in Guyana and overturned the decisions of the Guyana Courts. In handing down the land mark in decision on Tuesday morning, CCJ President, Sir Dennis Byron said that Cedric Richardson […]

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Guyana gets US$35M to boost financial sector

The World Bank Group approved a US$35 million Development Policy Credit to support Guyana’s efforts to strengthen financial sector development and fiscal management to better prepare the country to benefit from its newly discovered oil and gas reserves and transform its oil wealth into human capital. “This financing provides critical support to our reform agenda

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Breaking! Providence National Stadium to be confirmed as CPL Host Venue

The government of Guyana and the Hero Caribbean Premier League will today sign the agreement for the providence national stadium to be a host venue for the 2018 season. The announcement comes after days of uncertainties as to if Guyana would a host venue for this season of matches. The direct number of matches and

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Exxon Mobil makes 8th oil discovery

U.S oil giant ExxonMobil Corporation today made its 8th oil discovery offshore Guyana at the Longtail-1 well. The announcement was made minutes ago, with the company explaining that the new discovery creates the potential for additional resource development in the southeast area of the Stabroek Block. Approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone

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