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Monthly Archives: July 2018

Afro-Guyanese promised easier access to loans, grants; govt to be asked for more money

The Ministry of Business’ Small Business Bureau on Wednesday announced that it was offering up to 70 percent guarantee of loans with the expectation that supporting commercial banks would take the risk on the remaining 30 percent. SSB Chief Executive Officer, Lowell Porter explained that at first the guarantee was 40 percent if borrowers fail to repay the banks, but ...

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Williams, Nandlall battle over urgent appeal hearing on GECOM Chairman’s appointment

Attorney General, Basil Williams on Wednesday contended that a request for the Court of Appeal to urgently hear an appeal concerning the appointment of the Chairman of the Guyana Elections Commission (GECOM) would amount to a challenge to the validity of the Local Government Elections scheduled for November 12. Williams’ contention was in reaction to oral submissions by Attorney-at-Law, Anil ...

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Frank Anthony criticises government for chalking up huge public debt; Jordan says treasury bills will be issued

The opposition People’s Progressive Party (PPP) is increasingly hammering government over spending billions of tapping into more GY$50 billion from the Bank of Guyana for public spending, the latest critic being parliamentary front-bencher Dr. Frank Anthony. “As a Member of Parliament, it is my responsibility to continue to use my office to bring light to these significant bread and butter ...

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One-stop Afro-Guyanese business development outreaches get underway

Afro-Guyanese businesses are being mobilised to show them how they can access financing and understand some of the basic rules of doing business, as part of an overall move to nurture more Black-owned businesses, a top local organiser said. The first of three outreaches is slated for Wednesday at 1 PM at Critchlow Labour College, Woolford Avenue. The Chief Executive ...

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Harmon, Trotman, Clive Thomas to participate in Buxton Emancipation Observances

The Buxton First of August Movement has organized its annual activities to observe the 180th anniversary of the end of plantation slavery in Guyana and the Anglophone Caribbean under the theme, “Emancipate Yourself from Mental and Economic Slavery”, the organisation said Tuesday. “This year’s theme draws attention to the ongoing need for African Guyanese to redouble their efforts to make ...

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Updated: Identities of five killed bandits released; guns, other items displayed

Police Commissioner, David Ramnarine Tuesday morning confirmed the identities of the five men who were shot dead at Turkeyen where they had gone to steal a metal safe from a house. Those killed are Timothy St. Hill, Levi Braithwaite, Andrew Daly, Ian Forde and Jermaine Doobay. According to records, the Police Commissioner indicated that St.Hill had a long criminal history including providing ...

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Georgetown Hospital probes stillbirth after woman’s scathing complaint

The state-owned Georgetown Public Hospital Corporation (GPHC) on Monday decided to launch an investigation after a 35-year old woman alleged that medical personnel at that institution were negligent, resulting in the loss of her unborn child. Chief Executive Officer of the GPHC, Retired Brigadier George Lewis told Demerara Waves Online News that the board, management and staff of the hospital ...

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ICJ decision on Venezuela border controversy key to Guyana, Trinidad, Barbados discussing overlapping maritime boundaries

Barbados’ newly-elected Prime Minister, Mia Mottley has signaled her government’s willingness to reopen maritime boundary talks with Guyana, Foreign Affairs Minister Carl Greenidge said Monday. “There have been no technical or political discussions between Guyana and Trinidad and Tobago or Guyana and Barbados on the maritime boundaries in the longest while. The Prime Minister of Barbados did say to us ...

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DEA helping Guyana intercept illegal aircraft

The United States’ Drug Enforcement Administration is assisting Guyana in intercepting illegal aircraft, Minister of Public Security, Khemraj Ramjattan has told the the National Assembly. Responding to questions by the opposition People’s Progressive Party (PPP), he said three illegal planes that landed in Guyana near the border with Brazil based on information provided by the DEA. “We also have sought ...

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Guyana’s proven oil-equivalent reserves now 4 billion barrels; revised production target now 750,000 barrels daily

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said Monday it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing at the Liza-5 appraisal well, a discovery at Ranger, ...

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