News

An Indian company with international experience in the sugar industry is interested in investing in the low-producing Skeldon Sugar Factory with the aim of making it profitable in less than two years , an investment broker said Sunday. “From our conversation, we believe that within 18 months or less that Skeldon could be profitable,” Managing Director of Sunrise Holdings, Guyana-born ...

Guyana’s former Ambassador to the United Nations (UN), Noel Sinclair died Saturday after a battle with cancer. He was 76 years old. The Ministry of Foreign Affairs issued the following statement. The Minister of Foreign Affairs, Director General and members of staff of the Ministry of Foreign Affairs have received the sad news of the passing of one of Guyana’s ...

The Guyana Telephone and Telegraph Company’s (GTT) Chief Executive Officer, Justin Nedd hopes that long requested landline rates will be increased ahead of liberalization of the telecommunications sector. “One of the things that is extremely important to us is being able to work with the Public Utilities Commission to ensure that we get landline rates before liberalization,” he told the ...

An employee of the Guyana Bank for Trade and Industry (GBTI) was Saturday killed in a road accident on the Corentyne Public Road after she lost control of her vehicle, police said. Investigators identified her as 24-year old Shabana Ally, an employee with the Rose Hall branch of the bank. She formerly resided at East Canje, Berbice. Police sources said ...

A city businessman narrowly escaped injury and was able to deposit cash while his security guard and bandits exchanged gunfire in an attempted robbery. Sources said the incident occurred at about 5:15 PM Friday, February 3, 2017 near the Citizens Bank night deposit at Thirst Park, East Bank Demerara. The security guard was shot and was rushed to a city ...

Hundreds of Guyanese Friday morning protested against metered parking in Guyana’s capital, Georgetown, even as a much smaller pro-government group struggled to show any signs of real resistance. “This is not about politics. Go and record that thrash over there; that nonsense over there. How can he get on a bullhorn and say that about these people. This is business ...

“We have to decide if we want a globalised city where Georgetown is part of the global village, or we want to live in the backdam: in squalor, in mar, in dirt, in indiscipline, and in lawlessness,” Georgetown Town Clerk Royston King told the press corps this afternoon as hundreds gathered outside the City Hall to protest the parking meters’ ...

After months of deliberation among city officials, Council’s Finance Committee chair, Oscar Clarke, read out what was a deficit budget as the year’s $3.6Billion expenditure exceeds an expected revenue collection of $2.8Billion. This is not the first such deficit budget since sharp deficits were recorded for 2006, 2010, 2011, and 2015. This year’s budget will see a few measures implemented ...

Agents of the Guyana Police Force’s Special Organised Crime Unit (SOCU) on Friday searched the Guyana Rice Development Board’s offices for evidence in relation to the findings of a forensic audit. “It’s important to take action quickly to gather the documentation that is needed for evidence in cases of money laundering, tax evasion, theft so that’s exactly what we are ...

Mark Royden Williams called ‘Durant’ and ‘Smallie’, one of the accused in the Bartica Massacre, was tonight sentenced to death by hanging before Justice Roxanne George after a 12-member jury returned seven guilty verdicts for murder, and five guilty verdicts for manslaughter. Dennis Williams, called ‘Anaconda’, was also sentenced to death by hanging after seven guilty verdicts for murder were ...