The Guyana Bureau of Statistics will be joining the rest of the 15-nation Caribbean Community (CARICOM) in observing Caribbean Statistics Day 2019 on October 15 under the theme, “Building the Resilience of the Caribbean Community”. On Thursday, News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News hosted the Deputy Director of the Bureau, Ian Manifold and Statistician, Keshauna Sertimer. They gave ...
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PODCAST: NIS grapples with declining contributions, low investment returns
The General Manager of Guyana’s National Insurance Scheme (NIS), Holly Greaves says Guyana’s state-owned social security entity continues to suffer from declining contributions and low returns on its investments. Addressing the NIS’ 50th anniversary observance, she said a Debt Management Department has been registering some successes in raking in much needed cash from errant employers and self-employed persons. She notes ...
Read More »Bank of Guyana probe uncovering reasons for US notes shortage at cambios
A probe by the Bank of Guyana and other supervisory agencies into the shortage of United States (US) dollars at non-bank cambios has already raised some red flags, but Finance Minister Winston Jordan has declined to divulge details. Jordan said so far the investigations have shown that at least two non-bank cambios “have really caused this problem”. “Our investigation is ...
Read More »NIS encouraged to invest on international stock market amid meagre returns, dwindled contributions
Despite raking in more than GYD$500 million from Guyana’s emerging oil and gas sector, the National Insurance Scheme (NIS) is being encouraged to invest some of its monies on the international stock market as it grapples with paying pensions amid declining contributions. Chairman of the NIS Board, John Seeram told a 50th anniversary observance at the Brickdam-based headquarters that the ...
Read More »“APNU is not against cash grants” from oil revenues but more information needed -Granger; WPA ready to negotiate modified proposal
President David Granger on Wednesday sought to dispel concerns that he is opposed to direct cash transfer of some oil revenues to Guyanese, even as the Working People’s Alliance (WPA) signaled that it was ready to modify its proposal with other political parties in A Partnership for National Unity (APNU) whenever those talks begin. “There has been a lot of ...
Read More »One dead at Australian-owned gold mining pit accident in Guyana
A man died early Tuesday morning in an accident at an Australia-owned Troy Resources Guyana Inc gold mining pit, Minister of Natural Resources, Raphael Trotman said. Sources identify the dead man as Ryan Taylor. He worked in the geology section of Troy Resources. The company said early indications are that the incident occurred at 2:25 am on the night shift ...
Read More »Harmon applies to give up American citizenship: “I believe there is a certain quality which I have that can help the President in running this country in a proper way”.
Joseph Harmon, who resigned earlier this year from his position as Minister of State because he is the holder of dual nationalities, says he has already applied to give up his United States (US) citizenship. He told reporters on the sidelines of a People’s National Congress Reform 62nd anniversary rally in Linden that he more than one month ago finished ...
Read More »GBTI gives GYD$2M to Bahamas hurricane relief
The Guyana Bank for Trade and Industry Limited (GBTI) says it has generated almost GYD$2 million through the GBTI Hurricane Relief Fund – Bahamas. That fund began shortly after Hurricane Dorian ravaged sections of the Bahamas early in September. The Bank says it immediately committed GYD$3 million and encouraged its customers, staff and members of the public to join the ...
Read More »Pro-PPP radio, TV stations take GNBA to court over alleged freedom of expression violations
Two radio and television stations closely associated with the opposition People’s Progressive Party (PPP) want the High Court to find that their constitutional right to freedom of expression has been violated by a hearing committee of the Guyana National Broadcasting Authority (GNBA) which they say has not been legally constituted. Through their lawyers – Mohabir A. Nandlall, Marcia Nadir-Sharma, Manoj ...
Read More »Tullow eyes shore base in Guyana, appraisal wells to be drilled next year
The United Kingdom-headquartered Tullow Oil, which has discovered oil twice offshore Guyana, says it is already advancing plans to set up a shore base here. Tullow’s Head of Communications, George Cazenove says the shore base will be established in another two to three months. “We will have a shore base here…. You will see a greater presence,” he told News-Talk ...
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