Business

President Irfaan Ali has instructed Agriculture Minister Zulfikar Mustapha to meet with representatives of the Guyana Sugar Corporation (GuySuCo), the workers’ union and other stakeholders to ascertain the cause of the worst sugar production output in history, despite the government pumping billions of dollars in the virtually paralysed industry. Mr Jagdeo indicated that he had learnt that GuySuCo’s position was ...

A man, who allegedly staged a multi-million dollar robbery and made a false report to police, was arrested on Wednesday and police are searching for his accomplice. The prime suspect, 37-year-old Paramdeo Victor of Rosignol, West Coast Berbice, has since recovered a total of GY$8 million: GY$2 million from his car and GY$6 million in a washing machine at his ...

Guyana will soon begin the production of livestock vaccines for local and regional supply, Minister of Agriculture Zulfikar Mustapha announced at an international conference in Uruguay. He said that as a solution to create a more sustainable pathway for animal healthcare, Guyana would commence the production of vaccines for all livestock through a public-private partnership (PPP). No details were provided ...

The regularisation process for land at Block 42, Amelia’s Ward in Linden will soon begin, providing approximately 200 families with secure land ownership and better living conditions, Minister of Housing and Water, Susan Rodrigues announced during an outreach to the Region Ten housing area on Wednesday. Although a survey plan was conducted previously, she explained that the ministry’s survey unit ...

The President and Chief Executive Officer of G Mining Ventures, Louis-Pierre Gignac on Wednesday ruled out the renegotiation of a contract with the Guyana government that it inherited in the buyout of fellow Canadian company, Reunion Gold, earlier this year but was confident that the country would earn corporate tax because the Oko West Mine would earn profits due to ...

Guyana’s umbrella Private Sector Commission (PSC) on Tuesday recommended that government enact one anti-corruption legislation to simplify and fast-track investigations and prosecutions, but the Guyana government said the country was not yet ready for such one-stop anti-corruption body. Chairman 0f the PSC’s Economics and Finance Committee, Ramesh Dookhoo lamented that over the years, the lobby for anti-corruption legislation was unsuccessful. He ...

El Dorado Offshore (EDO), Noble Corporation and MATPAL Marine Institute on Monday announced the launch of applications for the Noble Marine Cadet Program. This initiative represents a shared commitment to equipping young Guyanese with the skills, experience, and mentorship needed to excel in Guyana’s burgeoning energy sector. Through the Noble Marine Cadet Program, aspiring Deck Cadets and Engineering Cadets are ...

The South Rupununi District Council (SRDC) on Monday said the crime situation in Marudi has deteriorated with the influx of Brazilian miners crossing illegally into Guyana through a back-track route that a number of robbers escaped shortly after abducting and robbing several Guyanese and Brazilians. The Council called for tightening of security in the Marudi Mountains area in the wake ...

Even as the state-owned Guyana Sugar Corporation (GuySuCo) on Monday continued its one-week long silence on its unprecedented dismal sugar output, the opposition assailed the government for pumping billions of dollars into the ailing loss-making industry and called for a new Commission of Inquiry aimed at finding a solution. The corporation’s Chief Executive Officer, Paul Cheong, who is an executive ...

A Guyana Defence Force (GDF) Lieutenant and two government department Natural Resources officers were among five Guyanese and four Brazilians who were abducted and robbed of gold and guns, the Guyana Police Force (GPF) said. The items stolen were an undisclosed quantity of raw gold, two Glock pistols and one Movado watch valued GY$140,000. Investigators were told that at about ...