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Business

PPP’s Frank Anthony lambastes govt on drug procurement, HIV/AIDS, TB and diabetes

Opposition People’s Progressive Party (PPP) Shadow Health Minister, Dr. Frank Anthony on Tuesday assailed the David Granger-led coalition administration for alleged bad drug importation deals, unregistered importing entities, increased prevalence of HIV/ AIDS and failure to assist the country’s estimated 60,000 diabetics with free glucometers. Anthony, who is one of his party’s presidential candidate hopefuls for the 2020 general elections, ...

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Poor economic performance, increased prices for food, clothing and medicines- PPP’s Irfaan Ali

Opposition Shadow Minister of Finance, Irfaan Ali on Monday kicked off debate on the 2019 National Budget, saying that Guyanese are being burdened with more taxes and reduced foreign exchange earnings due to poor performance of the traditional exports. “These are the realities of the economy and that the Honourable Minister of Finance skillfully maneuvered out of his speech,” Ali ...

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ExxonMobil makes 10th oil discovery offshore Guyana

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a result of further evaluation of previous discoveries and includes a new discovery at the ...

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Flights to and from Cheddi Jagan International Airport delayed, but runway was never closed

Hundreds of Caribbean Airlines passengers destined for Guyana were up to Sunday night stranded in Trinidad, and hundreds others suffered delays in departing from the Cheddi Jagan International Airport (CJIA) but officials maintained that the airport was never closed. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field stressed that the Cheddi Jagan International Airport was ...

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Govt bans Marriot beach front parties, other loud music sources on Kingston foreshore

The Ministry of Public Infrastructure has banned beach parties and other activities involving loud music on the Kingston Foreshore which stretches from aback Marriott Hotel to Police CID headquarters. “Approvals will not be granted for the use of the Kingston Foreshore between Fort Groyne and Camp Street as a venue for entertainment, social and other events which are likely to ...

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Commission of Inquiry recommends disciplinary action against Town Clerk

Chairman of the Commission of Inquiry into the operations of the Georgetown City Council, Retired Justice Cecil Kennard on Friday said the probe has recommended disciplinary action against Town Clerk, Royston King for the lease of land that does not belong to the City and for conducting such a transaction without  Council’s approval. “The Town Clerk (ag) interpretation of the ...

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Irfan Ali released on self bail for GYD$174 million fraud charges

Former Minister of Housing, Irfan Ali was Wednesday released on self-bail (no cash) on 18 charges of conspiring to defraud government of a total of GYD$174 million by selling land below their valued prices. He has to return to court on January 7, 2019. Chief Magistrate Ann Mc Lennan released Ali in his own recognizance after Prosecutor, Attorney-at-Law Patrice Henry ...

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Irfan Ali arrested and charged; to appear in court

Former Minister of Housing, Water and Tourism in the People’s Progressive Party Civic (PPPC)-led administration, Irfan Ali was early Wednesday morning arrested by agents of the police force’s Special Organised Crime Unit, multiple sources confirmed. The sources said he has been charged and he is expected to be arraigned before a City magistrate some time Wednesday. SOCU agents arrived at ...

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Crash-affected passengers file class action lawsuit against Fly Jamaica

Reproduced from Jamaica Gleaner Fly Jamaica has been hit with a class action lawsuit following the November 9 incident in which one of  its planes crash landed at the Cheddi Jagan International Airport in Guyana. Two Canadian law firms filed the lawsuit last Friday with the Superior Court of Ontario against Fly Jamaica for injuries and losses sustained. The class ...

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Guyana govt worried about Republic Bank’s potential market dominance

The Ministry of Finance is concerned about Republic Bank’s likely dominance of the banking sector, in the wake of Tuesday’s announcement of a buy-out of Scotiabank’s operations in Guyana and several other Caribbean countries. “The agreement raises a number of issues for the banking sector in Guyana and for the public which the Ministry of Finance, the Bank of Guyana ...

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