Daily Archives: 05/27/2021

Guyana gives more than US$35M in waivers to Troy Resources in past five years

May 25, 2021 – Kaieteur News – Troy Resources, an Australian based gold mining company in Guyana, has over the past five years, saved some US$22 million in fuel imports alone and has also benefitted from another G$2.5B or U$13M in tax breaks between 2016 and 2018.

It would mean that the country gave about US$35M in waivers for fuel and tax breaks to the company during the period mentioned.
Guyana was paid on the other hand, G$17M or US$85,000 in royalties from that company during the same period, 2016 to 2018.      Continue reading

Mapped: The Median Age of the Population on Every Continent – Visual Capitalist

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Mapped: The Median Age of the Population on Every Continent

THE AFRICAN CONTINENT HAS THE YOUNGEST POPULATION

In February 2019, the Bill and Melinda Gates Foundation published their annual letter that highlights the surprises they saw in 2018, as well as the philanthropic opportunities they’ve identified for the future.

Among many other compelling facts and stories, the letter pointed out one surprise that we thought was of particular interest: the median age of the African continent is just 18 years old.

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GUYANA Celebrates its 55th Independence Anniversary at Umana Yana – 26th May 2021

 — President urges citizens to dream big

The Golden Arrowhead being hoisted.

– as Guyana marks its 55th Independence Anniversary with dreamlike celebration 

 “I urge each of you to dream big…your Government will support those dreams and help make them a reality.” These were the words of President, Dr. Mohamed Irfaan Ali, as Guyana marked its 55th Independence Anniversary with a dreamlike celebration last evening in the vicinity of the Umana Yana located at the intersection of Young and High Streets, Georgetown.

In keeping with annual tradition, the Flag Raising Ceremony to commemorate the day Guyana gained Independence from its colonial master was held yesterday.        Continue reading

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