Internet Radio

Business

Irfaan Ali not banking on oil money to restart economy

The opposition People’s Progressive Party (PPP)—citing a decline in consumer spending, high unemployment and increased government borrowing—says if it wins the March general elections, it will not depend on oil revenues alone, but rather, tap into multiple revenue streams to boost the economy. PPP presidential candidate Irfaan Ali said his administration’s strategy would not depend on oil and gas revenue, ...

Read More »

Tullow finds high-quality oil offshore Guyana

The United Kingdom-headquartered Tullow Oil on Thursday announced that it discovered oil at the Carapa-1 well with very low sulphur content, unlike its previous discovery that was heavy. The Irish publication, Independent, reported that rig site testing has indicated that the oil has a sulphur content of less than 1pc. Mark MacFarlane, chief operating officer at Tullow Oil, said: “The ...

Read More »

Poverty fight, oil industry governance feature in politicians’ New Year messages

Politicians in Guyana broke the New Year promising to use Guyana’s expectedoil wealth to fight poverty, while ensuring the emerging petroleum sector is properly governed. Incumbent President, David Granger assured that oil revenues, estimated to begin at US$300 million per year in 2020 from the Liza Phase 1 oil field, would be used to combat poverty among all Guyanese regardless ...

Read More »

Some power company workers get 8.5 percent salary increase

Junior and senior employees of the Guyana Power and Light Inc. (GPL) would be getting an 8.5 percent increase in salaries retroactive to January 2019, based on an accord signed between the union and management. “The agreement follows negotiations that commenced in early December between GPL’s management and NAACIE (National Association of Agricultural, Commercial and Industrial Employees). Negotiations concluded amicably ...

Read More »

BREAKING: Occupant collapses, dies as fire engulfs house on Princes Street, Wortmanville

A tenant collapsed and subsequently died as he saw fire destroying the house in which he lived on Princes Street, Wortmanville, Georgetown. Dead is Garvin Northe. He is reportedly a driver at the Ministry of Indigenous Affairs. Eyewitnesses said Northe was returning home when he saw the house on fire. He collapsed and later died while receiving medical attention at ...

Read More »

Former Health Minister Blackman released from US prison, returns to Guyana

Former Guyana Minister of Health. Dr. Noel Blackman has been released from a United States (US) prison and had returned to his home country ahead of the completion of his 50-month sentence for conspiracy to distribute oxycodone, a controlled substance. He was sighted leaving a popular Main Street, Georgetown cafeteria on Thursday, December 26. The US Bureau of Prisons said ...

Read More »

Blackout-weary Bartica gets new power station; solar farm plans moving ahead

President David Granger Saturday morning commissioned a US$3.4 million power station at Dogg Point, Agatash in Bartica, Cuyuni-Mazaruni (Region 7), where he noted that it will bring unprecedented relief to residents who have experienced severe power outages over the years. The President in his address at a simple ceremony, said it is inconceivable that Guyana can be on a path ...

Read More »

Updated: Water supply restored to Georgetown

Several areas of Georgetown are again receiving potable water from Saturday night, after workers spent several hours repairing a major pipe breakage on Church Street, Queenstown, Georgetown. “Following nonstop works since earlier today  (Saturday), the broken 16-inch transmission main at Church Street has been repaired as seen in the photos below,” the company said. GWI said it was expected to ...

Read More »