Business

A new school building with more modern facilities will be constructed in the Sand Hills community in Region Three (Essequibo Islands-West Demerara). According to the Head of First Bauxite Corporation-Guyana Office, Ian Christie, the initiative is part of the company’s capital project for the community. “During this year as part of our capital project we will be doing three things ...

Local Government Minister, Ronald Bulkan on Monday called on the newly-elected councillors of Georgetown to guard against a repeat of alleged mismanagement, and instead, ensure transparency and accountability in managing the City’s affairs. In an apparent reference to recommendations that City Hall’s financial records be audited each year and concerns by the Retired Justice Cecil Kennard Commission of Inquiry into ...

A Surinamese rice exporter was shot dead in Guyana, days after law enforcement agents in Suriname busted 2,300 kilogrammes of cocaine in a shipment of rice that was destined for France, his lawyer in Suriname said. Nintender Oemwarsingh, who owned Nivash Rice in Suriname, was found dead on the Number 63 foreshore on Monday, his lawyer Irvin Kanhai said. Guyana’s Deputy ...

Former government parliamentarian Charrandass Persaud, who voted for an opposition-sponsored no-confidence motion that has triggered steps for early general elections, has admitted that he had been in contact with gold dealers, but said he is willing to take a lie detector test to prove that he never sold his ‘Yes’ vote to the People’s Progressive Party (PPP). “Yes, I will ...

A day after the Liberty and Justice Party (LJP) promised to decriminalise cultivation of marijuana and hemp, Guyanese police announced in a statement they destroyed another marijuana farm. The latest marijuana cultivation destruction also prompted criticism by a government spokesman in his personal capacity. “On the one hand small farmers in Jamaica are to begin profiting from marijuana cultivation while ...

The Guyana government ruled out selling subsidised crude oil to a privately-owned oil refinery that investors plan to build in Linden, according to officials of the Ministry of the Presidency’s Department of Energy on Saturday. “Anyone, who wishes to open a refinery can do so but they will not receive subsidised oil from the Department. That’s the crunch,” the Head ...

Co-founder of A New and United Guyana (ANUAG), Terrence Campbell on Monday announced that he has resigned from the newly-formed political party because the country’s political environment has been poisoned by the no-confidence motion. “It is like a poisoned well and since last week I had great angst,” the CAMEX Ltd Managing Director told Demerara Waves Online News. Campbell said ...

The Ministry of Public Infrastructure (MOPI) has begun installing four wind measurement stations along the Atlantic Coast at a cost of more than GYD$33.5 million (US$160,000) to determine the potential of this natural resource for the generation of sustainable renewable energy, the government’s Department of Public Information said. The stations, which are being mounted on towers with a height of ...

The Norwegian company, Petroleum Geo-Services, has stopped 3-D seismic oil exploration activities offshore Guyana closer to the Venezuelan border after the Venezuelan military intercepted the vessel on Saturday, ExxonMobil said. “At this time, seismic operations on the Stabroek Block offshore Guyana have been paused until they can be safely continued. Our main concern is for the safety of crew members ...

Guyana is moving to establish a “blueprint” to strengthen protection of intellectual property and copyright in a country where copying of books, movies and music and other works is almost routine, the Foreign Ministry announced Thursday. Foreign Affairs Minister, Carl Greenidge said Guyana would soon be drafting the National Intellectual Property Strategy (NIPS) with assistance from the Switzerland-based World Intellectual ...