News

A small fuel boat  was destroyed by fire Saturday afternoon at Moruca, North West District, police said. No one was injured in the incident that occurred at about 4 PM at Green Island, Moruca. The captain of the vessel, Mr. Lindo told investigators that he was offloading fuel containers when he heard an explosion and then saw the vessel engulfed ...

  by Gary Eleazar Attorney General and Minster of Legal Affairs, Basil Williams, has denied ever threatening to kill a sitting Judge—Justice Franklin Holder—and has threatened to sue daily newspapers Guyana Times and Kaieteur News for ‘grievous libel,’ over the reports. Williams made the charges today (March 24, 2017) when he appeared for an impromptu press conference billed as urgent, ...

The special purpose government-owned company, Atlantic Hotel Inc; which owns the Marriott-branded hotel cannot afford to pay its debt to Republic Bank, forcing government to pay more US$1 million every six months to prevent Guyana from losing the property, Finance Minister Winston Jordan said Friday. Jordan said the loan guarantor, National Industrial and Commercial Investments Limited (NICIL), also could not ...

The Bank of Guyana (BoG) was Friday preparing to possibly more foreign exchange on the local market and Finance Minister, Winston Jordan did not rule out the closure of retention accounts of exporters to stem foreign exchange hoarding at a time when the local economy is suffering from a US$30 million decline in export earnings. After a meeting with top ...

The Guyana Used Tyres Association (GUTA) is warning that should government continue with the planned importation of used-tyres into the country, as much as 5,000 persons stand to lose employment in the $100M revenue earning business—a situation that could in fact lead to a new smuggling industry. GUTA Executives made this pellucid today (March 24, 2017), when they met with ...

The High Court on Friday ruled against Attorney General, Basil Williams and said it has jurisdiction to hear a constitutional case about the revocation of a lease of Red House by the Cheddi Jagan Research Centre Inc. The decision was made in chambers by acting Chief Justice, Yonette Cummings-Edwards against Williams and the Guyana Lands and Surveys Commission. “The court ...

Gold miners, who were displaced from the Marudi area in Rupununi, are likely to benefit from new mining lands but government first has to consider the implications for Amerindian lands and the environment. “This option is being weighed against potential implications for Amerindian titled lands and for biodiversity conservation in the region,” the Ministry of Natural Resources said in a ...

The University of Guyana’s (UG) Council is next week (March 30, 2017) expected to discuss demands by the institution’s workers for increased salaries, at a time when their unions have begun industrial action to demand pay talks. “The matter of salaries will be part of the 2017 revised budget, which will be one of three critical items the Vice-Chancellor will ...

For the month of March thus far, four men, who reportedly told the court they were refugees, were charged with uttering false documents to officials in Guyana. All of the men reportedly entered Guyana through Lethem from Brazil. A man believed to be a refugee from Pakistan was today, March 23, charged in the courtroom of Chief Magistrate Ann McLennan ...

The Bank of Guyana  (BOG) on Thursday accused exporters of causing a slide in the Guyana dollar by locking off foreign exchange in their accounts while  at the same time buying currencies on the open market. “The BOG noted that there has been hoarding of foreign currency by exporters, as evidenced by the large foreign currency balances that are being ...