News

Consumers grapple with VAT prices

Now that the Value Added Tax (VAT) is here consumers yesterday faced increased prices in the snack bar, the variety store and the supermarket without being sure that the prices reflected the removal of the consumption tax.

VAT hitches surface

The VAT changeover on Monday has seen a range of improper practices by businesses leading to consumers complaining about an across-the-board 16% hike in the cost of living but the government has hailed the transition as a relatively smooth one.

Five percent wage hike ‘scandalous’

The Guyana Trades Union Congress (GTUC), in its new year’s message, has slammed the 5% wage hike for the public sector and has called on the government to commit itself to “the principle and practice of respect and adherence to the process of free collective bargaining.”

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