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Business

Guyana targets more EU budget support- Finance Minister

Guyana will continue to need budget support from the European Union (EU), despite the fact that the country is now an oil producer, Finance Minister Dr. Ashni Singh said Thursday. “You refer to our imminent oil revenue and I will say that oil revenue notwithstanding, we intend to work very hard to qualify for every single Euro of budget support ...

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NY-based Guyana Broadcasting Authority Board member unlikely to be removed because of FCC unlicensed station citation

The Chairman of the Guyana National Broadcasting Authority (GNBA), Attorney-at-Law Glenn Hanoman and Minister responsible for media, Kwame Mc Coy see no need for the removal of New York-based Guyanese broadcaster, Robert Mohammed from the local regulatory authority, although he had been cited by the United States (US) Federal Communications Commission for allegedly broadcasting without a licence. For his part, ...

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Guyana among Caribbean countries affected by Internet outage; GTT says impact minimal

Guyana is among several Caribbean countries that were Monday affected by a region-wide Internet outage due to a damaged submarine fibre-optic cable,  telecommunication providers said. The Guyana Telephone and Telegraph Company (GTT) said some of its customers might experience some service disruption. but virtually ruled out a major impact to Guyanese subscribers. “Due to our significant investments in building the ...

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Bharat Dindyal returns to GPL as CEO

Bharat Dindyal on Monday returned to the Guyana Power and Light (GPL) as its Chief Executive Officer (CEO) once again, the power company said in a statement. He takes over from Jamaican Albert Gordon who had been appointed under the then A Partnership for National Unity+Alliance For Change (APNU+AFC) administration. GPL said the appointment of Mr. Dindyal forms part of ...

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Foreign workers from CARICOM, Americas needed to propel Guyana’s growth- Canadian envoy

Canada believes that sister-Caribbean Community (CARICOM) member-states and the Americas will have to be Guyana’s major and immediate source of skilled persons to fill the much-needed gap to help forge ahead with its expected oil-driven growth. Outgoing Canadian High Commissioner to Guyana, Lilian Chatterjee said Guyana evidently does not have a large population or required skilled persons to take advantage ...

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Magistrate loses GYD$50 million lawsuit against the DPP

Magistrate Alex Moore has lost a GYD$50 million lawsuit he had brought against the Director of Public Prosecutions (DPP) Shalimar Hack for alleged defamation in a letter to the Chancellor of the Judiciary and copied to the Chief Justice. High Court Judge, Navindra Singh reasoned that the DPP has a legal right to consult with those two top officials of ...

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Guyana’s private sector must help gov’t push down CARICOM trade barriers- Pres. Ali

Even as a newly-formed Caribbean Manufacturing Association (CMA) plans to explore the production of specialised sugars, Guyana’s President Irfaan Ali on Wednesday called on local manufacturers to aggressively remove trade barriers in the Caribbean Community’s Single Market. Addressing the 2020 awards of the Guyana Manufacturing and Services Association (GMSA) at State House, Dr. Ali urged that private sector organisation to ...

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BREAKING: GRA recovers image of shipping container suspected in 11.5 ton Belgium cocaine bust

The Guyana Revenue Authority (GRA) has recovered a key image of a shipping container suspected to have contained 11.5 tons of cocaine that had been busted in Belgium in early November, multiple sources have confirmed. Officials said the process was painstaking and delicate in order not to damage the hard drive that stores images of scanned shipping containers. The officials ...

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Arms and ammo trader sued for GYD$369 million for stocks allegedly not supplied to Guyana Defence Force

Licensed arms and ammunition, Larry Singh, has been sued by the Guyana government for failing to supply more than GYD$369 million in firearms and ammunition to the Guyana Defence Force between 2014 and 2016, according to court papers filed by Attorney General Anil Nandlall. The National Procurement and Tender Administration (NPTAB) had granted approval for the GDF to sole source ...

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