Business

The Guyana Telephone and Telegraph Company (GTT) is assisting the Guyana Responsible Parenthood (GRPA) to diagnose and treat females suffering from diseases of the reproductive system. The company yesterday donated GYD$720,000 from its Pinktober funds to the Guyana Responsible Parenthood Association (GRPA). GTT says at least 170 women stand to benefit from the diagnosis and treatment. The telecoms provider, which made ...

CGX Energy, a Canadian-based oil and gas firm focused on Guyana, expects to spud an exploration well in its Corentyne block in the second half of 2021, OE Digital reported Monday. In a recent update, CGX Energy said the Kawa-1 exploration is expected to be drilled to a depth of approximately 6,500 meters in a water depth of approximately 370 ...

Six persons have been arrested in connection with the discovery of a quantity of pencil-shaped cocaine sticks in a quantity of salted fish that was destined for Miami, United States,  Guyana’s Customs Anti-Narcotics Unit (CANU) said Monday. The law enforcement agency said the 280 pieces of plastic-wrapped pencil-shaped parcels of suspected cocaine were hidden in the bones of salted fish ...

Attorney General, Anil Nandlall has moved to the High Court to repossess a plot of land at Plantation Ruimveldt, East Bank Demerara because it was allegedly obtained unlawfully, illegally and by fraud. The land was sold for GYD$13.5 million based on a second valuation, although the first valuation showed that it was valued at GYD$60.8 million. The Attorney General said, ...

Giftland Group and the Guyana Police Force are at odds over accusations by that company that it is being unfairly targeted by police in the enforcement of the COVID-19 curfew. Chairman of the Giftland Group, Roy Beepat said the latest instance was on Saturday night when three staff members- one each from the three mall restaurants- were arrested after the ...

The Iwokrama International Centre for Rainforest Conservation has again begun strictly enforcing the laws against gold mining in the almost 1 million acre reserve, after a lull due to the COVID-19 pandemic. “Iwokrama Management is continuing its zero-tolerance approach to these activities, especially gold mining and other illegal activities,” the organisation said. In keeping with the mandate of Iwokrama, the ...

The opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) wants the National Assembly to approve a motion for future oil and gas shorebases to be State-owned and that they be located in Berbice and Essequibo. “Be it further resolved that the Government inform ExxonMobil and all other Oil and Gas operators that all future shore bases shall be state ...

President Irfaan Ali on Thursday said A Partnership for National Unity+Alliance For Change’s  (APNU+AFC) could offer political support to jointly address issues concerning the oil and gas sector at the parliamentary level. At the same time,  Dr. Ali  again rebuffed calls by Opposition Leader Joseph Harmon for consultations, saying that he would only meet if the former Minister of State ...

ExxonMobil on Thursday said the repaired flash gas compressor is due back shortly from Germany and would bring an end to weeks of flaring of large quantities of natural gas and at the same time that equipment would be used as a model for a new and upgraded version. “We will utilise these upgrades that we’ve made, install  the machine, ...

The Bank of Guyana, which regulates most local financial institutions, has frowned said Trinidad First Citizens Bank has not applied for a banking licence in Guyana although it has agreed to buy Scotiabank’s operations. “FCB does not have a licence to operate in Guyana. FCB has not submitted an application,” the Bank of Guyana said in a statement. The Central ...