The Caribbean Development Bank (CDB) on Wednesday lauded the inception of the excess rainfall insurance package from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) and also commending the countries in the Region that have purchased a policy for 2014-15. The CCRIF recently announced that eight of its 16 members have purchased the policy. The excess rainfall product was developed by CCRIF ...

A vendor on Tuesday pleaded guilty to robbing two persons with a toy gun and he was jailed for a total of 12 months. Appearing before City Magistrate Fabayo Azore,  John Martin of Leopold Street, Georgetown admitted that he robbed two persons of a cellular phone and cash before he was arrested by private security guards. The two six-month sentences ...

A convict, who escaped from the Mazaruni Prison earlier this week, was recaptured Tuesday afternoon in Bartica, sources said. According to the usually reliable officials, Anand Drepersaud fled the prison on Sunday while he and other inmates were playing an outdoor game. He is serving a one-year sentence for wounding. Drepersaud was first spotted hiding in a clump of bushes, ...

Finance Minister Dr.Ashni Singh on Wednesday anounced that government would be providing funding for student loans to be granted to students of the University of Guyana to meet the cost of the increased tuition fees recently announced by the University. Demerara Waves Online News was told that an additional GUY$50 million has been made available, but the actual disbursement would ...

Two persons have been arrested in connection with a spate of armed robberies in Georgetown including Monday afternoon’s gunning down of a businessman and injury to his wife, police said. The Guyana Police Force confirmed the arrest of a “suspect” in the robbery/murder of gold miner, Ashook Ragghu of Pike Street, Kitty, Georgetown. “He is in police custody assisting with ...

A five-year old Guyanese boy and an elderly Brazilian man lost their lives in a boat mishap on the Cuyuni region late Monday afternoon, police said. Dead are Henrique Salvao De Souza, 66 years, of  Junior Ross Landing, Cuyuni, and Bisham Munilall, 5 years, of Charolette Street, Georgetown. The boy’s body has not been recovered. Police said a boat travelling ...

The body of a young businessman, who was stabbed, was found on a trail in Region Eight (Potaro-Siparuni) early Tuesday morning. Police identified him as 20-year old Nickel Leacock of 11 Miles, Mahdia. Investigators said his body was seen on a trail at Black Water, Konawaruk about 7:45 AM. A relative said police were late Tuesday afternoon expected to arrive ...

Chief-of-Staff of the Guyana Defence Force (GDF), Brigadier Mark Phillips on Tuesday denied that the army was engaged in massive cover-up over the alleged involvement of former Sergeant 4141 William Gregory Smith in the bomb-blast death of politician Dr. Walter Rodney. “I’m not aware of any covering-up. At least that is not my policy to cover up in this regard ...

China’s People’s Liberation Army (PLA) on Tuesday agreed to provide U$4.8 million in assistance to the Guyana Defence Force (GDF) without any strings attached. GDF Chief-of-Staff, Brigadier Mark Phillips and PLA Major General, Kong Li signed the agreement at the Guyana International Conference Centre (GICC), Liliendaal during the opening of the 2014 Bilateral Staff Conference. Li said no conditions were ...

Minister of Agriculture Dr. Leslie Ramsammy has announced that Shaik Baksh, currently Chief Executive Officer (CEO) of the Guyana Water Inc., has been appointed as Chairman of the Board of Directors of the Guyana Sugar Corporation (Guysuco). The Minister said, the board has been appointed by the Cabinet and the letters of appointment have been sent out to all the board ...