by Gary Eleazar ExxonMobil, the US-based oil giant gearing for production offshore Guyana, has confirmed that there will be sufficient natural gas in the reserves to supply a 200 megawatt (MW electricity generation plant which would make the establishment of an alumina plant in Guyana feasible once again, but government is still looking to independently verify this. “There is going ...

by Gary Eleazar The Chinese Development Bank (CDB) has asked Guyana to not give out lands once held by Bai Shan Lin Forest Developers Inc, since it is looking to secure finances to re-capitise loans owned by that company. This is according to Minister of Natural Resources Raphael Trotman, who today (April 19, 2017) provided an update on the operations ...

Regan “Grey Boy” Rodrigues was Tuesday remanded to prison until later this month in connection with the alleged murder of political activist, Courtney Crum-Ewing, two years ago. Rodrigues, who was arrested on Good Friday,  refused to enter the court room and instead remained in the locks up area and behaved in a disorderly manner. The presiding magistrate eventually went downstairs to ...

A man, who admitted to being in possession of more than one kilogramme of marijuana, was Tuesday jailed and fined  millions of dollars, and a Government Technical Institute (GTI) student has been remanded to prison on a similar offence. Chief Magistrate, Ann Mc Lennan sentenced Eon Sampson to three years imprisonment and fined GYD$3.2 million. Sampson admitted to be in ...

by Gary Eleazar Opposition Leader, Bharrat Jagdeo on Tuesday called Minister of Natural Resources, Raphael Trotman’s recent pronouncements on how oil revenues will trickle down to ordinary Guyanese “charlatan analysis.” “Now you hear they (administration) gonna give the money to Regions but they have not even decided on element of the Sovereign Wealth Fund but they already talking about how ...

  by Gary Eleazar Opposition Leader, Bharrat Jagdeo, says it is currently premature to confirm or deny if the names being bandied in the media, are in fact the persons he is in talks with, as being considered for submission as nominations for Chairman of the Guyana Elections Commission (GECOM). Jagdeo made this pronouncement today (April 18, 2017) after returning ...

The fraud charge against city businessman, Mikhail Rodrigues, – the man who sledge hammered a parking meter clamp last month- was Friday freed of a fraud charge. He was accused of  fraudulently converting a Canter truck, GJJ 4976, to his own use two years ago. The case was dismissed by Chief Magistrate Ann Mc Lennan after the the owner of ...

by Gary Eleazar Majority shareholder and principal owner of Colonial Life Insurance Company (CLICO), Lawrence Duprey has set his sights on billion dollar local housing market and has asked for evidence to back of the claims of debts owed in Guyana—a request that the Central Bank is currently responding to. Finance Minister Winston Jordan confirmed this today (April 7, 2017) ...

by Gary Eleazar Relocated from Kingston, to the former Customs House Building on Main Street—now rehabilitated at the tune of GYD$160M—the Bureau of Statistics has been called on to evolve from an institution that merely generates information but in fact provides that information in a more readily accessible manner to the citizenry, in addition to foreign investors and other interests. ...

A construction worker, who allegedly took more than GYD$500,000 from a woman to construct the lower flat of her house but allegedly converted the cash to his own use, was Thursday granted bail when he appeared  before Chief Magistrate, Ann Mc Lennan. Claudius Peters of 156 First Street, Mocha denied the charges when they were read to him, but said ...