Last Updated on Friday, 26 June 2015, 22:24 by GxMedia A cargo boat capsized while fetching fuel on the Mazaruni River, resulting in the disappearance of a man, police said. Police said they feared that Adrian Simon drowned. No age or address was provided. Police said that about 6:30 AM Friday, June 26, 2015 a jet boat passed a cargo ...
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Eleven-member commission named to probe Guysuco, craft a long-term plan
Last Updated on Friday, 26 June 2015, 22:17 by GxMedia Government has established an 11-member commission to investigate the workings of the ailing Guyana Sugar Corporation (GuySuCo) and formulate a 15-year plan aimed at again making the entity profitable. “The eleven-member Commission, during its investigation will develop a 15-year plan which is expected to bring the industry back to profitability ...
Read More »Guyana’s current external debt reaches US$1.6B, debt strategy to address problems-Finance Minister
Last Updated on Friday, 26 June 2015, 21:59 by GxMedia by Zena Henry Guyana’s Finance Minister, Winston Jordan on Friday June 26 announced that the country’s foreign debt has soared to US$1.6 billion Addressing the National Assembly at the third sitting since the convening of the 11th Parliament, the minister noted the danger of the growing debt and pledged to ...
Read More »Auditor General unable to track over $13B belonging to three GuySuCo funds
Last Updated on Friday, 26 June 2015, 21:55 by GxMedia by Zena Henry At the end of 2013, the Auditor General (AG) was unable to verify the movement of over $13B which belonged to funds within the Guyana Sugar Corporation (GuySuCo). This is according to the AG’s 2013 report which was laid in Parliament, Thursday June 25. Under the sub ...
Read More »New York Feds find $12 million worth of cocaine inside shrimp from Guyana
Last Updated on Friday, 26 June 2015, 4:02 by GxMedia BY JOHN MARZULLI NEW YORK DAILY NEWS Federal agents have discovered a new delicacy from Guyana — shrimp coketail. A drug-sniffing dog noticed something fishy about a shipping container that arrived at the Red Hook Terminal from Guyana last week and hunted down 268 kilos of cocaine stuffed inside frozen ...
Read More »Government on track to keep 100 day Linden television station promise-PM
Last Updated on Friday, 26 June 2015, 3:37 by GxMedia by Zena Henry Lindeners are set to have back their own television station by August, according to Prime Minister and Vice President Moses Nagamootoo. The administration reaffirmed its 100 day promise in his speech in Parliament Wednesday June 25 during the second sitting of the National Assembly. The PM noted ...
Read More »Reducing president’s prorogation powers stares hurdle
Last Updated on Friday, 26 June 2015, 3:03 by GxMedia Government on Thursday announced its intention to modify Guyana’s constitution to limit the conditions under which Parliament can be suspended but the administration does not have a super majority to do so. Unless the administration, which has 33 seats, can win the support of the opposition People’s Progressive Party Civic ...
Read More »Ganga Persaud faces hot water over contracts
Last Updated on Friday, 26 June 2015, 2:23 by GxMedia Former minister of Local Government, Ganga Persaud was allegedly issued multi-million dollar government contracts for consultations via system that the new government alleges cannot withstand tough scrutiny. Government further accused Persaud of failing to show the work he was asked to do and what he had actually done. Minister of ...
Read More »Government tells Venezuela don’t underestimate nation’s desire to defend its territory, assets
Last Updated on Thursday, 25 June 2015, 23:10 by GxMedia by Zena Henry With a widening territorial threat from Venezuela, Minister of Governance Raphael Trotman made it very clear that the country’s desire to defend its territory should not be estimated. He spoke strongly on the issue while addressing colleagues of the government at the second sitting of the Eleventh ...
Read More »Failed financial updating saw millions overpaid in government contracts- Auditor General Report 2013
Last Updated on Thursday, 25 June 2015, 21:01 by GxMedia by Zena Henry In 2013, overpayments accounting to more than $22M were made on measured works on various contracts administered by Ministries, Departments and Regions. This is according to the Auditor General’s report for the fiscal year ending December 31, 2013. The AG found that there seemed “to be no ...
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