Business

As Guyanese police arrested a Berbician in connection with last week Friday’s piracy attack that has so far left 11 persons unaccounted for, one of the surviving fishermen has been recounting his experience at the hands of the merciless pirates who chopped and threw several of his colleagues overboard off the coast of Suriname. Arrested was Nakool “Fire” Manohar, 38 ...

  By Ivan Cairo PARAMARIBO – Although the chance of finding survivors is getting smaller by the hour, rescue workers have found one of the victims of the deadly attack on four fishing boats on Friday. The man was said to be in critical condition was rushed to the hospital by ambulance after being brought ashore this afternoon. He allegedly said ...

Guyana on Thursday hosted the inaugural workshop for Regional Judges and Prosecutors with a call by the country’s Attorney General and Minister of Legal Affairs, Basil Williams SC., for more convictions and the confiscation of the proceeds of criminal ventures for the benefit of the State and other victims. This, if the global efforts of the international Financial Action Taskforce ...

United States-headquartered warehouse club, PriceSmart, is planning to set up shop in Guyana due to expected economic boom as a result of oil production in another two years, a senior company official said. “We are very, very interested in exploring the opportunity of locating PriceSmart in Guyana. We have to do our due diligence but we hope we can eventually ...

The Ministry of the Presidency (MotP) and the Guyana Post Office Corporation (GPOC) on Tuesday formally launched the Centennial ‘limited edition’ Commemorative Stamp in celebration of the life of the Late Executive President of the Cooperative Republic of Guyana, Cheddi Jagan. Notably absent from the launching ceremony held at MotP was any representation of the Peoples Progressive Party (PPP), government ...

Former Region 10 Regional Executive Office, Gavin Clarke on Monday conceded that the Region had breached Guyana’s Procurement Laws when it issued a number of contracts –contracts that had been flagged in 2016 in his Audit Report. Contrary to an earlier report, Clarke was never charged with fraud. Demerara Waves retracts that content and apologises unreservedly to Mr. Clarke. Clarke ...

The Ministry of the Presidency (MotP) will on Wednesday launch the Commemorative Centenary Stamp of the birth anniversary of former President and co-founder of the Peoples Progressive Party—the late Dr. Cheddi B. Jagan. The activity however, will be run off without the PPP, since according to the party’s General Secretary, Bharrat Jagdeo, his party has not been invited. Jagdeo when ...

Government and Regional Accounting Officers such as Permanent Secretaries and Regional Executive Officers (REOs) will soon be administered an Oath, before giving evidence at the Parliamentary Public Accounts Committee (PAC), given the growing levels of inconsistent answers being provided to the statutory body. The commitment was had on Monday during the session convened by Committee Chairman, Irfaan Ali, who was ...

President David Granger says he is “tired” of Guyana exporting logs and other raw materials instead of value-added products. “I am tired of seeing logs going out of this country. I want to see furniture going out. I don’t want to see raw gold. I want to see jewellery shops. We have to add value to these important products of ...

The Guyana government sought to assure residents that the country was prepared for an oil-spill and all companies engaging in offshore oil extraction must put in place measures to prevent or handle such an incident. “We have to put in place measures, which are more proactive rather than reactive and the companies that are operating offshore Guyana will have to ...