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Monthly Archives: November 2015

One dead, another injured in Albouystown

Violent crime Monday rocked Albouystown, leaving one man dead and another seriously injured in separate incidents. Dead is 37-year old Troy Brutus of Costello Housing Scheme, Georgetown and injured is Berkumar Ramrattan,46, of Hogg Street, Albouystown. Police said that about 7:30 PM Monday, 23 November, 2015 at at Garnett Street, Albouystown, attacked a man with a cutlass and knife and ...

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IPED funding participation in Business Expo 2015

At least 30 small businesses that are borrowing from Institute of Private Enterprise Development Limited (IPED) are to receive assistance to showcase their goods and services at next week’s Business Expo 2015. However, the micro-financing institution says only those up-to-date with their loan repayments and have businesses that create jobs will benefit from the ‘small piece’ to help them participate in the ...

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$50 bill coming- Bank of Guyana

Guyana will soon have a fifty-dollar bill in time for the country’s 50th Independence anniversary next year, according to Governor of the Bank of Guyana Dr. Gobind Ganga. He said no firm decision has been made yet about whether the note would be put into limited or long-term circulation. Ganga said the specimen is currently being fine-tuned with the printers ...

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No-go areas at Kaieteur Falls following second suicide

Visitors to the Kaieteur National Park will be blocked from going to certain areas near the Falls, in the wake of a second suicide in as many months, authorities announced Sunday. “Specifically, visitors will no longer be able to access the edge of the Falls or the area where the visitor jumped. These restrictions will remain in place until further ...

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Guyana-born Sir Ronald Sanders could be next Commonwealth Secretary General

Guyana expects that Antiguan, Sir Ronald Sanders, would become the next Secretary General of the Commonwealth when leaders of that 54-nation grouping meet later this month in Malta. In declaring its support for the Guyana-born Saunders, the Foreign Ministry indicated that the principle of rotation is in his favour. “In keeping with longstanding convention within the Commonwealth, the successful candidate ...

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Commercial banks might have to insure deposits; no place for “dirty money”

Commercial banks in Guyana could soon be asked to insure deposits to help savers recover their monies should those financial institutions collapse, President David Granger announced Saturday. “Our government proposes to discuss with bankers the implementation of a deposit insurance scheme to ensure that individuals who hold deposits at failed financial institutions would be compensated up to an agreed amount ...

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Woman who jumped off Kaieteur Falls confirmed dead

The 21-year old woman, who jumped over the Kaieteur Falls Saturday morning, has been confirmed dead and efforts were being made to retrieve her body, the Ministry of Tourism indicated. “Updates on the recovery efforts, investigations, and the operation of the Park will continue to be provided as they become available. The Ministry wishes to express their condolences to the family ...

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Millers receive over $660M for rice supplied

Farmers countrywide are to benefit from more than GYD$660M that has been paid to rice millers by the Guyana Rice Development Board (GRDB) for the supply of rice to Panama, according to a statement issued by that agency. GRDB’s Acting General Manager Nizam Hassan explained on Saturday that “this is the payment that Guyana has received from Panama for its ...

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Scout Association gets 10 times higher govt grant

The Scout Association of Guyana’s annual grant from government has been increased tenfold to GUY$1.2 million to aid that organisation in moulding youths into worthwhile local and global citizens. The announcement of the increased subvention was made Saturday, November 21, 2015 by President David Granger at the Scout Association’s annual  Camporee. “I would like to see Scouting develop and grow… ...

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