Business

Guyana’s Auditor General, Deodat Sharma says his officers will shortly begin a forensic audit of City Hall, in the wake of the repeated failure to account for almost GY$174 million to the Public Accounts Committee (PAC), State auditors or the Local Government Minister. After concerns were raised by Committee members during Monday’s sitting of the House’s bipartisan PAC, Sharma said ...

Former President, Donald Ramotar on Sunday defended his decision to sign a zero royalty agreement with CGX Energy that also contains provisions that mirror those in the controversial ExxonMobil agreement inked by the David Granger-led administration. However Ramotar, who was President from 2011 to 2015, said he inked the agreement with CGX because of the need to attract oil and ...

Plans are in the pipeline for the resuscitation of the E-Government site located close to the Guyana/Brazil border crossing, in an effort to provide internet access in the capital town of Lethem and other communities in Upper Takutu-Upper Essequibo (Region Nine), government has announced. Chairman of the National Data Management Authority (NDMA), Floyd Levi during a visit to the site ...

The Guyana government has been paying close attention to options available to Venezuela, following United Nations (UN) Secretary General, Antonio Guterres’ referral of the border controversy to the International Court of Justice (ICJ),  a senior government official said. Minister of State, Joseph Harmon told Demerara Waves Online News that reports that Venezuela had been planning an incursion into Guyana’s territory ...

City Hall on Saturday slammed two Councillors who are in the forefront of calls for Town Clerk, Royston King to be removed from office, as well as the entire elected body for failing to craft a single policy to improve the management of Georgetown. In a statement issued on Saturday in the name of Mayor and City Council spokeswoman, Debra ...

The New Amsterdam Municipality and police on Thursday said they were forced to stop all operations at a building located at Savannah Park, New Amsterdam, which they said was being used to store dead bodies. According to an environmental official, who spoke on condition of anonymity, the investigation came days after the Municipality’s Health Department had received numerous complaints by ...

Opposition Leader, Bharrat Jagdeo says if government sponsors a parliamentary motion for the renegotiation of the Production Sharing Agreement (PSA), his People’s Progressive Party Civic (PPPC) will support such a proposal. “If the government comes with a motion of that nature, once the motion is in defence of Guyanese…ExxonMobil has to do what’s best for its shareholders and anything that ...

The Guyana Telephone and Telegraph (GTT) has assured investors in the oil and gas sector that the country is unlikely to experience disruptions to international connectivity with the rest of the world because the submarine fibre-optic cable has a back-up system. Delivering a presentation at the recently concluded GIPEX 2018 Oil and Gas conference and exhibition, GTT’s, Chief Executive Officer Mr. ...

As several grave questions remain unanswered about the City administration’s plans to use a playground in the upscale Bel Air Park to build town houses for top city officials,  a vocal A Partnership for National Unity (APNU) Councillor, Alfred Mentore is warning about the political implications ahead of local government and general elections. He noted that the playground is owned ...

Hundreds of  municipal workers are Tuesday expected to take strike action to pressure City Hall to pay almost GY$300 million in deductions from their salaries to the National Insurance Scheme (NIS), Guyana Revenue Authority (GRA), Guyana Labour Union and a credit union. Chairman of City Council’s Finance Committee, Oscar Clarke acceded to Councillor, Akeem Peter’s request that a report on ...