Internet Radio

Daily Archives: December 8, 2016

Guyana earned historic US$740M from gold in 2016- Natural Resources Minister Troman

To the sound of thunderous desk-banging from government side, and silence from the opposition PPP, Natural Resources Minister Raphael Trotman painted the success story of his Ministry in the National Assembly this evening during the budget debates. Guyana has earned a whopping US$740M from gold declarations which amount to 641,688 ounces, according to Minister Trotman. Trotman said a considerable amount ...

Read More »

Bank of Guyana suspends buying TT, Barbados currencies from cambios

The Bank of Guyana on Thursday announced that it has temporarily stopped buying Barbados, and Trinidad and Tobago dollars from cambios as part of efforts to stem increased demand for United States (US) dollars. He said there was evidence shows that persons have been coming from Barbados, and Trinidad and Tobago to buy American dollars, resulting in a decision by ...

Read More »

Guyana Chronicle fires its Sunday Editor

The Guyana National Newspapers Limited (GNNL) on Thursday announced that it has fired its Sunday Editor, Neil Marks because of alleged dereliction of duty. Marks declined to comment, when contacted by Demerara Waves Online News. In a statement, the entity said it regretted the decision but the “Management as guided by the Board of Directors found it necessary in order ...

Read More »

GRA won’t garnish monies without court order; law being widened to block tax cheats from leaving Guyana

Finance Minister, Winston Jordan says the Guyana Revenue Authority (GRA) will only withhold earnings from persons’ bank accounts to pay income taxes owed if the court grants an order. Acknowledging that no details about the plan were provided in his budget speech, he explained that the provisions of the Value Added Tax (VAT) Act would be extended to the Income ...

Read More »

Budget 2017 deflated expectations of Guyanese youth- PPP MP Sukhai

Opposition MP Pauline Sukhai is calling for the David Granger administration to clearly show how much money has been budgeted for youth development in 2017. “After deceiving youths into believing they were the focal point of the elections campaign,” Sukhai told the National Assembly during her budget presentation this morning. “They convinced them they would be the complementary force for ...

Read More »

Rupert Roopnaraine denies wrongdoing in D’urban Park project

Minister of Education Dr. Rupert Roopnaraine on Thursday denied that he ever benefitted personally from cash or other donations that had passed through a company that had been established to develop D’urban Park for Guyana’s 50th Independence Anniversary. “In over forty years of political activism, striving to achieve a better Guyana, I have never hidden behind anyone. In over forty ...

Read More »

10,000 tonnes of rice sold to Venezuelan buyers; amount to increase- Agri. Minister

Guyana’s rice is no longer purchased by the Venezuelan government, but private buyers in Guyana’s spanish-speaking neighbour have purchased thousands of tonnes of rice directly from Guyanese millers. Agriculture Minister Noel Holder confirmed this yesterday to Demerara Waves Online. “It is not government to government but private to private,” Minister Holder explained noting that the arrangement sees buyers coming from ...

Read More »