Business

The National Assembly Wednesday night unanimously approved  GY$2.451 billion to pay remaining severance to 4,723 sugar workers who have been laid off with the closure of several estates across the country. The results of a division (count) showed that 62 parliamentarians voted in favour of the amount after a spirited series of questions posed by the People’s Progressive Party’s Komal ...

The People’s Progressive Party Civic (PPPC)-led administration spent almost GY$100 million on medical and dental expenses from 2012 to 2014, but Health Minister Volda Lawrence could not immediately say how much her ministry was paying in 50 percent insurance premiums for ministers and their families. In response to questions by opposition PPP parliamentarian, Juan Edghill, the Health Minister said in ...

Finance Minister, Winston Jordan on Wednesday hinted that government workers would receive salary increases when in 2020 when Guyana begins producing oil estimated to rake in about US$300 million in that year. “I foresee improvements in the social and economic status of Guyana. I foresee progressive improvements in the human, cultural and every other developmental aspect of the country,” he ...

Velda Addison Senior Editor, Digital News Group Hart Energy Wednesday, October 31, 2018 – 12:28pm Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon bounty discovered offshore Guyana. “This month a second exploration vessel, the Noble Tom Madden, arrived to accelerate exploration and appraisal activities on the block starting with the Pluma prospect located 17 ...

Police in Grenada have confirmed that a Guyanese man died aboard the MV Ocean Trader – a Guyanese registered ship- that was docked in Grenada last weekend. Dead is 41-year old Permanand “Short Man” Permaul. The vessel departed that Caribbean island Tuesday evening following the completion of an investigation by Grenadian law enforcement agents An official from the Grenada Port ...

Residents of a section of Robb Street, Georgetown on Tuesday night complained to inspectors of the Environmental Protection Agency (EPA) that a very loud humming sound from generators at Teleperformance call centre was disturbing them from resting. The EPA inspectors used noise meters to conduct almost four-hour long tests outside the Teleperformance building and the neighbourhood, in response to concerns ...

The cash-strapped Guyana Water Inc. (GWI) has been spending GYD$400,000 per month for the past three years to truck water to the Madewini Youth Camp at Soesdyke in an area where residents say they have been without potable water for almost two weeks. Residents told Demerara Waves Online News that it will cost GYD$3 million in pipelines to supply water ...

Sparks flew at the beginning of Georgetown Mayor, Patricia Chase-Green’s testimony before the Commission of Inquiry into the management of the City, eventually forcing Inquiry Chairman, Retired Justice Cecil Kennard to ask her to “shut up” and leave her attitude for City Hall. When told that, as Chairman of Council’s proceedings, she was the “captain of the ship”, Chase-Green’s asking ...

The arrest of well-known Guyanese businessman, hotelier Shervington “Big Head” Lovell in Jamaica for alleged drug trafficking marks the start of Guyana going after the ‘big fish’ drug lords, a top official of the Customs Anti-Narcotics Unit (CANU). “For years and years now, the man-in-the-street has been saying that CANU only goes after the small and the medium fishes, but ...

Two days after Minister of State, Joseph Harmon rebuffed a Demerara Waves Online News report on responsibilities for Guyana’s oil and gas, the Official Gazette has been changed to now show clearly that only the President and no minister is in charge of that sector. In an October 19. 2018 notice of the Official Gazette, Harmon is no longer responsible ...