Commercial banks in Guyana could soon be asked to insure deposits to help savers recover their monies should those financial institutions collapse, President David Granger announced Saturday. “Our government proposes to discuss with bankers the implementation of a deposit insurance scheme to ensure that individuals who hold deposits at failed financial institutions would be compensated up to an agreed amount ...

The 21-year old woman, who jumped over the Kaieteur Falls Saturday morning, has been confirmed dead and efforts were being made to retrieve her body, the Ministry of Tourism indicated. “Updates on the recovery efforts, investigations, and the operation of the Park will continue to be provided as they become available. The Ministry wishes to express their condolences to the family ...

Farmers countrywide are to benefit from more than GYD$660M that has been paid to rice millers by the Guyana Rice Development Board (GRDB) for the supply of rice to Panama, according to a statement issued by that agency. GRDB’s Acting General Manager Nizam Hassan explained on Saturday that “this is the payment that Guyana has received from Panama for its ...

The Scout Association of Guyana’s annual grant from government has been increased tenfold to GUY$1.2 million to aid that organisation in moulding youths into worthwhile local and global citizens. The announcement of the increased subvention was made Saturday, November 21, 2015 by President David Granger at the Scout Association’s annual  Camporee. “I would like to see Scouting develop and grow… ...

Another young woman jumped off the Kaieteur Falls Saturday morning, two months after a woman committed suicde  by the same means, multiple sources confirmed. She has been identified as 21-year old Roshinee Pagwah. It was not immediately confirmed that she died. Pagwah, according to sources, ran and jumped over the falls despite best efforts by one of the tour guides ...

The Guyana government has intervened in the ongoing controversy between the overwhelming majority of domestic airlines and the management of the Ogle Airport Inc. While Minister of State, Joseph Harmon has said the dispute is a private matter and that the Guyana Civil Aviation Authority (GCAA) would be concerned only with regulatory issues, Minister of Public Infrastructure, David Patterson has ...

Veteran Guyanese  pilot, Captain Alvin Clarke succumbed early Saturday morning to cancer, plunging the aviation sector into grief at the loss of a man who was well-respected in emergency medical evacuations (medivacs). President of the National Air Transportation Association (NATA), Annette Arjoon-Martins told Demerara Waves Online News that Clarke would be sadly missed for his contribution and wealth of experience. ...

Veteran Guyanese journalist, Rashid Osman, died suddenly early Saturday morning. He was 78 years old. Up to the time of his passing, he had been an editor at the state-owned Guyana Chronicle where he had worked for several decades. Osman is also best remembered for his radio programme, Midmorning Classics, which was only recently resucitated. His wife, Yvonne, told Demerara ...

Guyana is among several Caribbean Community (Caricom) member nations that will benefit from a five-year agreement to fight violence among youths and HIV/AIDS, the American embassy here announced Friday. The agreement covers US$165 million in projects to be delivered. The signing will spearhead USAID’s 2015-2019 Regional Development Cooperation Strategy that covers programming in Antigua & Barbuda, Dominica, Grenada, St. Lucia, St. ...

The man, who was caught swallowing cocaine, at an East Coast Demerara hotel was Friday  fined and jailed, but a charge was dropped against his accomplice who was also arrested in the hotel room. City Magistrate, Judy Latchman fined Dwayne Adams of 38 Will Street, Golden Grove GYD$2.8 million and sentenced him to 54 months imprisonment after he changed his plea ...