Business

The Working People’s Alliance (WPA) on Monday dismissed suggestions that commercial banks might not want to risk accepting cash grants as a type of income to lend money because of the likelihood that the cash grant policy could be changed by a new government in office. “Why should an incoming government, if a social programme is working, want to abandon ...

The United States (U.S.) government, through the U.S. Agency for International Development (USAID), launched RESET, the Caribbean Resilient Economies and Sectors activity on October 7 at the margins of the Caribbean Week of Agriculture (CWA). The CWA took place from October 7-11 at the UWI Open Campus in St. Vincent and the Grenadines. Caribbean RESET reflects USAID’s ongoing commitment to ...

A so far unidentified bandit was shot twice to his abdomen by a businessman during an attempted robbery at Tech Guy Solutions on Middleton Street, Georgetown, police said. The incident occurred Monday morning at about 11:40 a.m. when a man, whose name and other particulars were not immediately known, entered the premises and pointed a .38 revolver at the businessman ...

Guyana on Monday announced that two British companies have been contracted again to sell the country’s crude entitlement for the next 12 months, and the country is set to receive higher earnings from the deals. The Ministry of Natural Resources said the United Kingdom-based BB Energy Trading Limited would sell crude from floating production and storage offloading (FPSO) vessels Liza ...

A group of investors in the Brazilian state of Roraima is interested in establishing a medical school in the Rupununi, and President Irfaan Ali wants the University of Guyana (UG) and the University of the West Indies (UWI) to be part of the project. Addressing the sod-turning ceremony for a new hospital at Lethem and a new secondary school at ...

President Irfaan Ali on Saturday announced that his administration’s Georgetown transformation plan includes improving drainage, emphasising history and culture while promoting walking and riding rather than too many vehicles in the city. “All of these sectors and segments that we see the City evolving with will support a city that is people-centric, moving more towards a walking city, a riding ...

The cockpit voice recorder of the Guyana Defence Force’s (GDF) Bell 412EPI helicopter that crashed and burnt almost one year ago in dense jungle was badly damaged, causing investigators to rely heavily on the personal accounts of the co-pilot and another survivor, well-placed sources said. “The black box was damaged,” Aviation Minister, Juan Edghill told Demerara Waves Online News. Sources ...

President Irfaan Ali on Friday praised the Barbados Labour Party (BLP) for attaching financial literacy as a component of direct cash transfers to the poor. Dr Ali referred to the “One Family” programme in 2023 that aimed to assist 1,000 poor households to rise out of poverty structurally by offering families continuous support through financial education, financial literacy, planning and ...

Opposition Leader, Aubrey Norton on Thursday said if a coalition that includes his People’s National Congress Reform wins the 2025 general and regional elections, Guyanese would be handed “predictable” cash grants on specified periods that could be used as proof of earnings at commercial banks. Addressing the opening of the New Amsterdam Town Week in Berbice county, he promised cash ...

Vice President Bharrat Jagdeo on Thursday distanced his People’s Progressive Party Civic (PPPC) administration from a senior police officer and declared that details of alleged corruption would be released in response to that officer’s High Court constitutional motion. “Trust me, our affidavit to respond to those charges may not be beneficial to the particular individual because we will go into ...