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Business

Civil aviation investigators to probe Roraima Airways plane crash in which pilot died

The Guyana Civil Aviation Authority (GCAA) is preparing to launch an intensive probe into a plane crash at Eteringbang Tuesday afternoon that claimed the life of a Roraima Airways pilot- an incident that has plunged the domestic carrier into mourning. Dead is Chief Pilot, 39-year old Collin Martin who leaves to mourn his wife , Dr. Roberta Martin, and their ...

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Updated: Roraima Airways pilot dies in plane crash

A  pilot employed by domestic airline, Roraima Airways, early Tuesday evening died when the plane crashed on approaching the airstrip at Eteringbang in western Guyana, officials confirmed. He has been identified as Collin Martin. The wreckage was located and his body was extracted. It was due to arrive in Georgetown Tuesday night. No other persons were aboard the Britten-Norman Islander ...

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ExxonMobil announces second giant oilfield offshore Guyana…500 million barrels of oil found

IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) today announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels. These positive well results increase the estimated gross recoverable resource for the Stabroek Block to between 2.25 billion oil-equivalent barrels and 2.75 billion oil-equivalent barrels. The well was successfully drilled by ...

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GPHC management violated law on GYD$600 million drug procurement; Public Health Minister did no wrong

The Georgetown Public Hospital Corporation (GPHC) on Friday said it would rely on the outcome of a probe by the Public Procurement Commission (PPC) into the purchase of GYD$632 million worth of drugs, even as it said its own investigation revealed that the hospital’s management allegedly violated a decision to follow the legal process of going through the National Procurement ...

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Guyana Civil Aviation Authority modernises licensing and exam system

The Guyana Civil Aviation Authority (GCAA) on Friday commissioned its modern licensing and examination system for pilots, aircraft maintenance engineers (AME) and Air Traffic Controllers (ATC), the regulatory agency said in a statement. The new licensing system will see the introduction of a plastic card license being issued to applicants who are successful at their examinations administered by the Personnel ...

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Transaction fee for gold sold directly to Guyana Gold Board

The Guyana Gold Board will begin charging a GYD$2,500 per ounce transaction fee on all gold sold directly to that entity to help finance the running of its affairs, following consultations with the Guyana Gold and Diamond Miners Association (GGDMA),  the agency announced Wednesday. “The processing fee will enable the GGB to embark upon a structured and targeted program to ...

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President Granger shuns High Court ruling on GECOM Chairman appointment

President David Granger on Wednesday appeared to have shunned a High Court interpretation of the Constitution on the appointment of a chairman of the Guyana Elections Commission. “The Chief Justice gave an interpretation based on her perception of the Law and I will continue to act in accordance with my perception of the Constitution; that is to say I will ...

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Maurauding gang raiding mining camps in Cuyuni area; police have no ground transportation– says miner

A gang of heavily armed men are said to be raiding mining camps in the Cuyuni area for the past five days , but police do not have the required ground transportation to launch an offensive against the Spanish and Portuguese-speaking criminals. Interior (‘F’) Divisional Police Commander, Senior Superintendent Ravindradat Budhram told Demerara Waves Online News that efforts would be made ...

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GTT begins delivering internet by fibre optic cable; no intellectual property violation

The Guyana Telephone and Telegraph Company (GTT) on Saturday said it has begun rolling out a US$25 million fibre-optic system to offer blazing fast Internet service, while assuring that the company is not violating intellectual property laws by providing movies and other video content through its network. “We have all the clearance from our lawyers and I think we’ve got ...

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Former Republic Bank employee jailed for attempted bank robbery, related offences; policeman, others remanded

Five men, including one policeman and two employees of Republic Bank, were Friday arraigned in connection with the failed bank robbery more than one week ago. A former bank employee- Jamal Haynes- was jailed for six years after he pleaded guilty to attempting to rob the bank and several other charges. The policemen charged are Constable Anfermee Blackman and Rural ...

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