https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

Monthly Archives: December 2017

Private criminal charges loom over ExxonMobil’s multi-million US dollar signing bonus

Last Updated on Saturday, 9 December 2017, 19:02 by Denis Chabrol Chartered Accountant and Attorney-at-Law, Christopher Ram on Saturday signaled that private criminal charges might be laid against several top Guyana government ministers and officials for allegedly failing to deposit a multi-million United States (US) dollar signing bonus from ExxonMobil into the Consolidated Fund. Ram said he did not regard ...

Read More »

“Come off of our laurels” and build partnerships for local content- Finance Minister; justifies Chinese companies winning contracts

Last Updated on Saturday, 9 December 2017, 18:59 by Denis Chabrol Finance Minister, Winston Jordan railed against the sale of bottled Jamaican water at the Cheddi Jagan International Airport and at the same time defended the hiring of Chinese companies to point out that Guyanese are not doing enough to take advantage of business opportunities but still complain. “I don’t ...

Read More »

Govt receives ExxonMobil funds to help fight Guyana-Venezuela border controversy; some contract details disclosed

Last Updated on Friday, 8 December 2017, 15:19 by Denis Chabrol Minister of Natural Resources, Raphael Trotman on Friday confirmed that United States (US) oil giant, ExxonMobil, will help fund Guyana’s legal fees to settle the border controversy with Venezuela. “Yes, Mr. Speaker, there is a sum and yes it is reserved to safeguard this country,” he said the same ...

Read More »

DNA testing to be done locally from next year

Last Updated on Friday, 8 December 2017, 7:56 by Denis Chabrol The Inter-American Development Bank (IDB) is to fund the upgrade of Guyana’s Forensic Laboratory to allow it to conduct DNA tests after an assessment had found several deficiencies, Minister of Public Security Khemraj Ramjattan announced. Ramjattan told Demerara Waves Online News that the Head of the Citizen Security Programme, ...

Read More »

Major UK firm to valuate Guysuco’s assets up for sale

Last Updated on Thursday, 7 December 2017, 19:35 by Denis Chabrol The United Kingdom-headquartered auditing and financial services company, PricewaterhouseCoopers (PwC), has been selected to conduct a valuation of assets of the state-owned Guyana Sugar Corporation (Guysuco). The announcement was made Thursday by the Special Purpose Unit (SPU) under the National Industrial & Commercial Investments Limited (NICIL), Thursday announced that PricewaterhouseCoopers (PwC) ...

Read More »

AFC says severance pay for sugar workers not sufficient

Last Updated on Thursday, 7 December 2017, 19:03 by Denis Chabrol As details emerge in the National Assembly about plans to pay severance to sacked sugar workers and lease them land, the Alliance For Change (AFC) Thursday night called for much more than that. “The AFC looks forward to an amicable resolution to this issue, but insists that as the ...

Read More »

Guyana, US, Caribbean on watch for radicalized persons, return of ISIS fighters

Last Updated on Thursday, 7 December 2017, 17:20 by Denis Chabrol Guyana and other Caribbean countries are continuing to watch out for radical extremists and persons who have returned to the Western Hemisphere after serving as combatants with the Islamic State (ISIS), top local and American military officials said. Head of the United States (US) Army’s Southern Command (SOUTHCOM), Admiral ...

Read More »

“Huge chunk” of money budgeted for laid off Guysuco workers

Last Updated on Thursday, 7 December 2017, 16:23 by Denis Chabrol Minister of State, Joseph Harmon on Thursday announced that a “huge chunk” of money has been set aside in the 2018 National Budget to pay severance to thousands of workers of the state-owned Guyana Sugar Corporation (Guysuco). He made the announcement during the penultimate day of budget debate before ...

Read More »

Small business development gets GY$ millions

Last Updated on Wednesday, 6 December 2017, 23:15 by Denis Chabrol Small business development is next year set to receive a GY$148 million boost to help them set up shop and provide services to large companies, Minister of Business, Dominic Gaskin announced. The government’s Department of Public Information said in 2018, the Small Business Bureau (SBB) intends to register companies ...

Read More »

Layoffs, appointments show racial discrimination, not social cohesion- Gail Teixeira

Last Updated on Wednesday, 6 December 2017, 19:15 by Denis Chabrol Opposition People’s Progressive Party Civic (PPPC) parliamentarian, Gail Teixeira lampooned the David Granger-led coalition administration for alleged racial discrimination by replacing many Indo-Guyanese with Afro-Guyanese. “Only conclusion can be a State-instituted ethnic political discrimination exclusion,” she told the House on Day 3 of Guyana’s  2018 National Budget Debate. Teixeira ...

Read More »