Business

The Alliance For Change (AFC) on Wednesday insisted that the People’s Progressive Party Civic (PPPC) administration granted a second one-year extension due to COVID19 pandemic and failed to conduct an agreed quarterly review, but a top government oil sector policymaker rubbished the claim about an additional extension. “There is absolutely no extension,” the official told Demerara Waves Online News on ...

The ExxonMobil-led consortium of Esso Exploration and Production Guyana Limited (EEPGL) had been granted one-year extensions of its three prospecting licences in the Stabroek, Canje and Kaieteur offshore oil blocks during the latter months of the David Granger-led administration because of the COVID-19 virus, according to letters released on Tuesday by the Ministry of Natural Resources. The almost identical letters ...

President Irfaan Ali on Wednesday announced that talks were underway with India and Guatemala to provide technical managerial support to the State-owned Guyana Sugar Corporation (GUYSUCO). In his address to the 22nd delegates Congress of  the Guyana Agricultural Workers Union (GAWU), he said the technical support management would be expected to “drive the innovation”, change and survival of the sugar ...

Even as Caribbean Airlines Limited (CAL) resumed flights on some routes after pilots began trickling back to work following a court order, at least three United States (US)-based Guyanese on Monday said they would sue the carrier for failing to fly them out of Guyana on Sunday after cockpit crews reported sick. Guyana’s Aviation Minister, Juan Edghill said CAL commenced ...

New York-based Guyanese opposition political activist Rickford Burke has fired back at Guyana’s Vice President Bharrat Jagdeo’s plan to go after participants at a conference on alleged racial and political discrimination against Afro-Guyanese that is expected to be headlined Democratic Leader in the United States House of Representatives, Congressman Hakeem Jeffries Mr Jagdeo clearly expressed his disgust at plans by ...

The Guyana Civil Aviation Authority (GCAA) is paying keen attention to what appears to be a sickout by Caribbean Airlines Limited’s (CAL) pilots that on Sunday grounded all of that carrier’s flights. CAL’s international, regional and domestic flights, including those to and from Guyana, have been canceled. The airline said on Sunday that the pilots reported sick about three hours ...

The Alliance For Change (AFC) on Friday called for Guyanese authorities to conduct a thorough investigation into allegations that a major city business was allegedly involved in gold smuggling, money laundering and other transnational crimes. Nazar ‘Shell’ Mohamed and his son Azruddin Mohamed are on record as denying such allegations and calling on the United Kingdom-headquartered Reuters news agency to ...

Opposition Leader Aubrey Norton on Thursday condemned the Guyana government for turning a blind eye to the plight of residents of Vreed-en-Hoop Jetty/Plastic City whose houses were being demolished to make way for a nearby shore-base that is being constructed, but Vice President Bharrat Jagdeo said generally at times hard decisions have to made. “It was pointed out that long-standing ...

Vice President Bharrat Jagdeo on Thursday said Trinidad and Tobago businesses have found a solution to the prolonged foreign exchange shortage in their homeland by buying their imports through Guyana and shipping them to Port-of-Spain. “We notice a trend here is that some Trinidadian companies are procuring large quantities of goods for their businesses in Guyana and in Trinidad and ...

Vice President Bharrat Jagdeo on Thursday stressed that gold mining has been halted in Chinese Landing in the interest of the majority of residents there, but he could not say definitively whether the greenlight would be given for that activity to resume. However, the Vice President could not immediately say whether government would approve the resumption of mining in that ...