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Daily Archives: February 9, 2017

Foreign exchange rate control already fueling higher underground rates; shortage due to several reasons; rate control possibly illegal

Just days after the Bank of Guyana began controlling foreign exchange rates at Cambios and commercial banks for the first time since 1989, concerns are being raised about the legality of that move even as forex traders on the streets are offering more than the officially prescribed rates. Cambios  on Thursday displayed that they were buying United States (US) dollars ...

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Region 9 REO to be ‘immediately’ removed following sexual assault charge, Minister Bulkan confirms

Communities Minister Ronald Bulkan today confirmed to Demerara Waves Online News that Region 9 Regional Executive Officer, Carl Parker, will be removed from duty, with immediate effect, following a charge of sexual assault against him today in the Georgetown Magistrates’ court. A replacement has not yet been determined, Bulkan added. The matter, heard before city magistrate Judy Latchman, was held ...

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Parking meters protest grows despite promise to reduce parking fees

The Movement Against Parking Meters continues to build its support as hundreds gathered today once again outside the Georgetown City Hall to protest the implementation of a parking meter system deemed “burdensome.” Noticeably, there were no counter-protesters at this action, as compared to the last protest earlier in the month. Some of the more prominent protesters said they were not ...

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New Building Society challenges parking meter bylaws

The New Building Society (NBS) is challenging the legality of the parking meter bylaws that have been approved by Minister of Communities (Local Government), Ronald Bulkan. NBS’ Chief Executive Officer, Anil Kishun said in an affidavit in support of motion that the parking meters has badly affected his financial institution’s customers and employees. “It has caused us great loss and ...

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Region 9 Executive Officer charged with sexual assault against elected official, granted $200,000 bail

Region 9 Regional Executive Officer, Carl Parker, was today granted $200,000 bail, when he was presented before city magistrate Judy Latchman to answer to a charge of sexual assault against one of the region’s elected representatives. The matter was held out of the view of the public, in keeping with laws which protect the identities of victims of sexual offenses. ...

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Nandlall, Williams meet on GECOM Chairmanship

The People’s Progressive Party’s (PPP) Anil Nandlall says Attorney General Basil Williams did not provide his interpretation of the Constitution on who is eligible to be appointed  Chairman of the Guyana Elections Commission, but Williams says he needs time to study the case laws presented to him before the two sides meet again next week. “Attorney General, Mr. Basil Williams, was unprepared ...

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