Business

Citing reduced demand for oil due to the coronavirus and a slump in international prices, the United Kingdom (UK)-based non-governmental organisation, Global Witness, has withdrawn its report titled Signed Away  that had estimated that Guyana would lose at least US$55 billion from the oil deal with ExxonMobil. “Moreover, since publication, oil prices have dropped by more than a third. As ...

Top officers of the Guyana Defence Force (GDF) were Monday grilled about glaring discrepancies concerning the use of vehicles and high maintenance costs, including GYD$8 million that was spent on repairing one vehicle every month during 2016. “Additional time would definitely give us an opportunity to peruse all documents and even interface a little bit more with the State auditors ...

The Ministry of Health on Friday named a 19-member broad-based National COVID-19 Vaccines Task Force in preparation for the arrival and roll out of the immunization campaign against the coronavirus disease in Guyana. Chairing the Task Force is Health Minister Dr. Frank Anthony who disclosed that already the body has been tasked with developing a training manual on how to administer ...

The Guyana Fire Service’s  headquarters operation will  be decentralised due to  heavy traffic congestion in the Stabroek Market area which delays emergency response, the latest being on Friday when fire tenders took eight minutes from the Central Fire Station to Fogarty’s building. “That is also under active consideration- either to remove or, as we say, declutter our area around the ...

Fire on Friday morning in the kitchen area of Fogarty’s building damaged a section of  the building and caused the suspension of business by several stores in the huge concrete building located on Water Street, Georgetown. Fire Chief Marlon Gentle told reporters at the scene that the blaze is believed to have been caused by a malfunctioned extractor fan. Mr. ...

A Chinese’s national and his business partner were robbed and assaulted at gunpoint Sunday night on the Essequibo coast, police said Monday. Police say the robbery and assault were committed on the Chinese’s Nationals Steve Sue, age 41 years, a businessman and his business partner Yu Rong Cao, age 37 years, both of Charity Essequibo Coast. Two masked men relieved ...

The Guyana Agricultural and General Workers Union (GAWU) has expressed concern about the likelihood of several workers of government’s asphalt plant being retrenched with the acquisition of a new facility. The plant is controlled by the state-owned Demerara Harbour Bridge C0rporation (DHBC). GAWU General Secretary Seepaul Narine said the union last week Thursday wrote management concerning the likely fate of ...

Health Minister Dr. Frank Anthony on Monday disclosed that Guyana would receive the first batch of COVID-19 vaccine during the second quarter of this year, but he could not say whether it would be the one produced by Moderna which has less refrigeration restrictions compared to the other vaccine types. “We don’t know which one we would eventually get but ...

A 25-year old woman, who owns a very small business, on Saturday lost her house and other possessions to fire while she was about to order bread and pastries to sell, police said. She is Anneve Knights who resided at North Haslington, East Coast Demerara. Police said she and her sister lived in the 10 X 20 feet wooden structure ...

A clothing vendor of Commerce Street, Georgetown and Bent Street, Werk-en-Rust, Georgetown was shot dead New Year’s evening where he plied his trade, police said. His is the first reported killing for 2021 reported by the Guyana Police Force He has been identified as 32-year old Paul Anthony “Blacka” Smith who lived at 31 Bent Street, Werk-en-Rust. He bore one ...