Business

Leader of the People’s National Congress Reform (PNCR), David Granger has sued several privately-owned news outlets for GYD$2.6 billion for publishing allegedly defamatory letters by Christopher ‘Kit’ Nascimento about the controversial 2020 general elections. In addition to Mr. Nascimento, cited as the first named defendant, the publications that have been sued are Guyana Times, Kaieteur News,  Inews and Stabroek News ...

Minister of Human Services and Social Security, Dr. Vindhya Persaud on Tuesday sought to comfort victims of the recent Sharon’s Mall fire; assuring them that the Ministry wants to help however it can to aid them in getting back on their feet again. “I can’t promise everything, but whatever and however I can support you, you can count on me. ...

A Brazilian gold miner says he has been robbed of a quantity of raw gold valued more than GYD$3 million at a hotel in Bartica. Sixty-two year old Paulino De Jesus told police that he was a guest at Sheriff Inn Hotel, Second Street, Bartica. Police say there was no sign of forced entry to his room. The gold miner ...

A money changer was today shot and robbed of GYD$600,000 cash on Avenue of the Republic and America Street. Police say 49-year old David Wilson of Eccles, East Bank Demerara initially refused to hand over the money and he was shot to his left leg. He was rushed to the Georgetown Public Hospital where he has been admitted. Investigators say ...

The Alliance For Change (AFC) on Friday criticised the Guyana Power and Light (GPL) for using escalating fuel prices as a possible reason for being unable to pay higher salaries, but finding monies to buy vehicles for divisional directors. “On one hand GPL bosses and the PPP are decrying the high cost of fuel but on the other hand GPL, ...

India has confirmed that it is interested in buying Guyana’s crude oil being produced offshore by the American supermajor ExxonMobil, India’s High Commissioner to Guyana Dr. K.J Srinivasa. said Thursday. Delivering remarks at a virtual symposium on the topic “Perspectives on Guyana-India Relations from 1838 to 2021”, he said the two countries were collaborating in the area of oil and ...

The Pan American Health Organisation (PAHO) is advising countries in the Americas to stiffen a range of measures in response to soaring COVID-19 infections and deaths, but Guyana  has so far ignored that recommendation. PAHO’s Director Carissa Etienne in this week’s news conference hailed leaders in the Americas who have begun instituting lockdowns “It’s no surprise, then, that many countries ...

What started off as a very small quantity of smoke oozing from the second flat of Sharon’s Mall on King and Charlotte Streets, Georgetown, ended up being a catastrophic fire that engulfed the entire steel-framed building. Many businesses- including stores, eateries and lawyers’ offices- were all destroyed. Firefighters stood virtually helpless as the water from their hoses was no match ...

Guyana will not start spending its almost US$300 million in oil revenues on priority areas until the Petroleum Commission is established and the Sovereign Wealth Fund legislation is amended, President Irfaan Ali said Wednesday. “We have a number of things that we have to do in terms of setting up the Petroleum Commission. We have to also look at the ...

President Irfaan Ali on Wednesday said the National COVID-19 Task Force has been asked to explore charging owners and managers of entertainment places where many persons go in violation of social distancing rules, even as government plans to amend the law to  allow for stiffer penalties. “I have asked the Prime Minister to discuss with the Task Force how we ...