One of two persons shot on Monday morning at a gold dealership in Newtown, Kitty, Georgetown, has succumbed to his injuries, hospital sources confirmed. Dead is 44-year old Deon Stoll of Barima Avenue, Bel Air Park. Injured is Clayton Powley, 45, of 326 Section ‘C’ Turkeyen, Greater Georgetown. Residents in the area say the incident occurred shortly after 10 am ...

Demerara Distillers Limited (DDL) says it is now using liquefied natural gas (LNG) to power its operations, having commissioned Guyana’s first LNG regasification terminal. The terminal is located at Plantation Diamond, East Bank Demerara. “We are very excited to be the first Guyanese company to use LNG for our power generation needs,” said DDL’s Chief Financial Officer, Vasudeo Singh. “As ...

A man was strangled to death outside the Leader of the Opposition’s Office on Church Street, Queenstown, Georgetown late Saturday night. Police are still trying to identify him, and they have since asked the public to assist with his name and address. However, the suspected killer, who was chased by public-spirited citizens and handed over to the police, has been ...

Two women are among five persons who were arrested on Sunday during cordon-and-search operations at three East Coast Demerara villages. The Guyana Police Force said the searches were conducted between 6 am and 8 am at Vryheid’s Lust, Montrose, Nabacilis and Plaisance villages. Police said an unlicensed pistol with a live matching round, 300 grammes of suspected cocaine, and 45 ...

The African Cultural and Development Association (ACDA) plans to write President David Granger, the opposition and all other political aspirants to lobby them for support to suspend the award of oil concessions until steps are taken to award Guyanese concessions. The call was again made on Saturday at an annual ceremony to commemorate the loss of millions of lives of ...

Finance Minister, Winston Jordan says the governing coalition’s general election campaign will not be pegged on the immediate benefits of oil money next year, but will list a number of tax concessions leading up to 2025 as more oil revenues pour in. He says lower individual, corporate, value-added and other taxes will find their way into the manifesto of the ...

Finance Minister, Winston Jordan has cautioned the National Insurance Scheme (NIS) against investing its funds on the international stock market. His comment came against the background of a suggestion by the Chairman of the NIS Board, John Seeram that the social security agency should invest on foreign stock markets. “We will need to consider purchasing more attractive bonds and shares ...

The Guyana Bureau of Statistics is currently conducting its Household Budget and Living Standards Survey to ascertain the quality of life among Guyanese and the value of a basic basket of goods. News-Talk Radio 103.1 FM/Demerara Waves Online News spoke with Deputy Chief Statistician, Ian Manifold and Statistician, Misenga Baird on this second edition of “Statistics for Daily Life”. “Statistics ...

The Guyana Sugar Corporation (GuySuCo) says it registered a 23 percent shortfall in production up to the date that the crop should have closed, largely due to bad weather and malfunctioning equipment. At the same time, the state-owned corporation rejected claims by the Guyana Agricultural and General Workers’ Union and the National Association of Agricultural, Commercial and Industrial Employees that ...

by GHK Lall The Demerara Waves Online News article dated October 9 titled, “Bank of Guyana probe uncovering reasons for US notes shortage at cambios” covered a lot of territory. In many respects, it has been fiercely contested territory. The focus and thrust of the Demerara Waves item were on the role of nonbank cambios in the ongoing foreign currency ...