Business

The National Assembly on Monday passed amendments Petroleum (Exploration and Production) Act to allow landowners to be compensated for lands to be acquired for the laying of a 30-mile long gas pipeline from the Atlantic seashore to Wales. Natural Resources Minister Vickram Bharrat also said a fibre-optic cable that would carry real-time data about oil production and other activities of ...

Eighteen million dollars have been recovered and two members of the Guyana Defence Force (GDF) have been arrested in connection with last week’s multimillion dollar cash and raw gold heist, authorities said. “The Guyana Defence Force acknowledges that two of our ranks are currently under investigation for their alleged involvement in the robbery of the gold trader, Wallison Enterprise,” the ...

The Chambers of Commerce of Georgetown , Barbados and Suriname have signed an accord under which they would work to boost trade and cooperate in a number of areas including oil and gas, the Georgetown Chamber said Friday. The tripartite agreement was signed on July 30, 2021 by the Georgetown Chamber of Commerce and Industry (GCCI)  the Barbados Chamber of ...

Several bandits on Thursday pretended to be gold miners, who had gone to sell raw gold to a licensed gold dealer. Police said the bandits, instead, carted off GYD$38 million in cash and 60 ounces of raw gold valued GYD$20 million. They also stole one cellular phone valued GYD$300,000 and another Cellular Phone valued GYD$60,000. The security guard has been ...

Even as Guyana prepares to provide digital COVID-19 cards, the Guyana Tourism Authority (GTA) on Wednesday appealed to businesses in the hospitality sector to insist on hard-copy existing proof of vaccination along with an acceptable form of vaccination. “In terms of presenting a picture of the vaccination card or the ID- No! That is not going to be allowed over ...

Two men have been killed at a mining camp at Blackwater, several miles from Eteringbang, police said. They are General Manager Richard Bachan and Security Officer Niles whose bodies were found in  their hammocks in the watch camp. “From appearances it appears that Niles had been bludgeoned to the head and Bachan possibly stabbed or shot,” Police said The AR ...

Three women have been robbed at gunpoint at a beauty salon on Joseph Pollydore Street, Lodge, but so far no one has been arrested, police said Tuesday. Investigators said that at about 10:10 pm, two men rode up on a black motorcycle and entered Simone’s Beauty Salon where they robbed a 23-year-old female make-up artist, a 30-year-old female hairdresser and ...

The Working People’s Alliance (WPA) on the occasion of African Emancipation Day 2021 being observed on Sunday called for fair distribution of Guyana’s oil wealth including direct cash transfers to all Guyanese. The now main opposition A Partnership for National Unity+Alliance For Change (APNU+AFC), of which the WPA had been a member, had rejected the WPA’s idea of direct transfer ...

President Irfaan Ali on Saturday announced a GYD$7.3 billion direct cash transfer package to micro, small, medium and large farmers to help them recover from almost four months of severe floods caused by unusually heavy rainfall. “I am aware that this assistance will go a long way in bringing relief. However, it can never compensate for the emotional and social ...

Caribbean Cinemas, which is located at Giftland Mall, on Saturday said it would be unable to reopen because the new COVID-19 prohibits the consumption of food inside the theatre. “Caribbean Cinemas will be unable to reopen in the Giftland Mall since, unlike other businesses, the cinemas were asked to maintain the restriction on selling food,” the company said. The Liliendaal, ...