Business

Working People’s Alliance co-leader, Economics Professor, Clive Thomas has labelled as “ignars” those in government who have rebuffed his proposed transfer of 10 percent after-tax oil revenues to households. Professor Thomas has proposed that by 2025 when Guyana’s oil production soars to about 1 million to 2.5 million barrels per day, each household should get US$5,000 every year. Guyana has ...

Police say they have arrested seven men and hauled in a high-powered gun, a silencer and several rounds of ammunition from a business place opposite Merriman’s Mall in the vicinity of Bourda Market. Officially, police did not name the location but News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News was told that the entity operates a security company and a ...

The Bank of Guyana (BOG) Tuesday night confirmed that it rejected the intended sale of Scotiabank’s (Guyana) operations to the Trinidad-headquartered Republic Bank, while at the same time assuring Scotiabank customers that their accounts are safe and that that financial institution could not just walk away from the country. “Nothing will happen to their accounts. Their accounts will remain safe,” ...

Fire early this morning left two persons dead and about 15 people out of work. One of the destroyed buildings, located near the Vreed-en-Hoop junction, was owned by 85-year old Fazal Raymond, the first Regional Chairman of Region Three. He was assisted out of the upper flat of his building by a family member. Fire Chief Marlon Gentle said fire ...

The Working People’s Alliance (WPA) appeared set to intensify its agitation for direct transfers of oil money to the poor and needy to be included in the manifesto of the incumbent APNU+AFC coalition, but refused to say what would be its next move if its idea is not taken on board. Already, Finance Minister Winston Jordan and former Finance Minister, ...

The Guyana Manufacturers and Services Association (GMSA) on Friday apologised to President David Granger for the “bad manners” protest by opposition People’s Progressive Party Civic (PPPC) supporters while he was addressing that business organisation’s luncheon. “Our Executive Board wishes to express its sincerest apology to you for the distressing public display of bad manners exhibited, with the obvious intention of ...

The Ministry of the Presidency on Friday accused Opposition Leader Bharrat Jagdeo and People’s Progressive Party (PPP) presidential candidate, Irfaan Ali of inciting violence against President David Granger and government ministers, actions the government deemed as intolerable “hooliganism and thuggery”. “Peaceful and civilised protest action is common in any democracy, but it becomes a sign of worry when a Presidential ...

Granger reacts to heckling: “I hope that the intellectual authors of the disorder would be able to stop what they have started.” Jagdeo to Granger: “ I don’t give a damn about your threat.” President David Granger on Thursday promised that the governing coalition would accept the results of the next general elections now widely expected any time after February, ...

The Chairman of the Guyana Elections Commission (GECOM), Retired Justice Claudette Singh on Thursday informed President David Granger that that elections management authority would be in a position to conduct general and regional council elections by the end of February, 2020. Opposition People’s Progressive Party elections Commissioner Sase Gunraj confirmed this to News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News. ...

First Lady Sandra Granger on Wednesday lamented the scarcity of data on women in business, even as the United States (US) Ambassador to Guyana, Sarah-Ann Lynch said globally available data highlights the value of women in the development of countries. Addressing the opening of the WeLead Conference on women’s entrepreneurship, an initiative of the non-governmental organisation, WeLead Caribbean, Mrs. Granger ...