Business

The Guyana government might have to write off just over GYD$19 million that had been spent on buying a closed circuit television system for the National Intelligence Centre in 2015 but which has never been delivered and the now bankrupt company cannot be located, officials said Wednesday. “This was a matter that was entered into and the CCTV (Closed-Circuit Television ...

A Cessna Caravan belonging to BK Aviation on Wednesday ran off the runway at Eteringbang in western Guyana but there were no immediate reports of injuries, a senior official of the Guyana Civil Aviation Authority (GCAA) said. Acting Director-General of the GCAA, Chitranie Hiralall told Demerara Waves Online News that the “runway excursion” occurred at about 11:34 AM. She said ...

The Western Hemispheric Inter-American Institute for Cooperation on Agriculture (IICA) is securing seeds, potato slips and cassava sticks from Jamaica and Brazil to help revive Guyana’s agriculture sector that has been ravaged by severe floods for more than one month now, officials said. Agriculture Minister Zulfikar Mustapha said IICA has already provided seedling trays and seeds to the National Agricultural ...

The Guyana Telephone and Telegraph Company (GTT) has added 20 more call centre agents, as part of its overall efforts to improve the company’s response to customers’ queries and reports. The new agents graduated last Friday, and the company said the move aims to make it “a customer centric organisation.” Reminding that one of the company’s three promises is to ...

Eco (Atlantic) Oil and Gas Limited says the Jabilo-1 well, in the Canje Block, drilled by ExxonMobil is dry and will be plugged and abandoned, the company said on Monday. “The Jabillo-1 well in the Canje Block, offshore Guyana, reached its planned target depth and was evaluated but did not show evidence of commercial hydrocarbons,” Eco (Atlantic) said in a ...

After failed efforts to re-elect David Patterson as Chairman of the House bipartisan Public Accounts Committee (PAC), his  fellow opposition parliamentarian Jermaine Figueira was elected to chair that accountability mechanism that oversees how public monies have been spent.  Mr. Figueira said the House Speaker Manzoor Nadir and Clerk of the National Assembly Sherlock Isaacs advised that Mr. Patterson could not ...

A Guyanese woman has pleaded guilty to a more than decade-long conspiracy to commit bank fraud, defrauding her employer, a Manhattan-based bank, by misappropriating approximately $1.7 million. Audrey Strauss, the United States Attorney for the Southern District of New York, announced that Gangadai Rampersaud Azim, also known as Julie Azim, pled guilty before U.S. District Judge Katherine Polk Failla. “As ...

A United States (US) Congressman is interested in aggressively pushing American-made vaccines in the Caribbean , in a move aimed at countering China’s influence in the region where thousands of Chinese jabs have been delivered directly to countries. Chairman of the US Senate sub-committee on the Western Hemisphere, Congressman Albio Sires made it clear that he preferred to see the ...

The Chairman of the United States (US) Congressional sub-committee on the Western Hemisphere, Albio Sires has said that his country intends to engage Guyana to ensure all Guyanese benefit from the country’s growing oil wealth. “In Guyana, where I travelled this year, we should work to ensure that proceeds of oil revenues benefit the entire population,” he said in a ...

The Telecommunications Agency (TA) is about to allocate additional frequency spectrum to Guyana’s three major telecommunications providers, according to a publication in the Official Gazette. “The proposed frequency assignments are to facilitate 4G and 5G service deployment by the said operators,” TA Director Andre Griffith told Demerara Waves Online News/ News-Talk Radio Guyana 103.1 FM. The spectrum is earmarked for ...