Business

Even as the State Assets Recovery Agency (SARA) is working to recover stolen assets, which is estimated to be valued at more than US$400M, the organisation Monday morning opened a Law Enforcement Training Series on Assets Recovery and Financial Investigations. More than 70 persons are participating in the 18-day workshop being conducted in collaboration with the Caribbean Institute of Forensic ...

Attorney General and Minister of Legal Affairs, Basil Williams on Thursday slammed the Caribbean Court of Justice- Guyana’s final appeal court- for striking out a request by the State to hear an appeal although the stipulated deadline had passed. CCJ President, Justice Dennis Byron has dismissed the request to hear an appeal against the Trinidad-based company, DIPCON Engineering, and has ...

Fly Jamaica, an airline that is majority-owned by Guyanese, has been given the green-light to serve the Guyana-Cuba route, and a top airline official said flights could begin in January 2018. Minister of State, Joseph Harmon said Cabinet has granted approval for the Jamaica-headquartered airline to ply the Georgetown-Havana route. Cuba and Guyana’s civil aviation authorities granted regulatory approval as ...

About 100 striking workers Thursday morning picketed City Hall to demand paynent of salaries, but a senior official said all of the workers would be paid later in the day. Georgetown Mayor and City Council spokeswoman, Debra Lewis assured that the municipality’s operations were not crippled. “We are not in a crisis,” she told Demerara Waves Online News. She said ...

Trinidad and Tobago’s Attorney General, Faris Al Rawi on Wednesday advised that Guyana should guard against small-scale opportunists who may want to wash dirty money in a growing oil and gas sector. He said Guyana would not face a high risk from from the sale of oil and gas by oil producing countries or established downstream companies that provide related ...

Region 10 developments have now been boosted with the official launching of three Information and Communication Technology (ICT) hubs to benefit students and residents in Linden, government’s Department of Public Information said. On Tuesday, the National Data Management Authority (NDMA) through the Ministry of Telecommunications officially launched its first ICT hub in Victory Valley. This was followed by the launch ...

Five months after Rafael Downes was fired from the post Regional Executive Officer for Region 8 (Potaro-Siparuni), the new top accounting officer in that interior region said the region’s project implementation has grown from 17 percent to 51 percent. In a recent interview with the Department of Public Information (DPI,) Regional Executive Officer (REO), Gavin Gunga explained that when he ...

Guyana intends to scrap the idea of having an Anti-Money Laundering and Countering of Financing of Terrorism Authority because government has widened the involvement of wide variety of agencies in the system to detect and pursue financial crimes, Attorney General Basil Williams said Wednesday. “That was over-kill. Why would you put such a heavy superstructure over FIU (Financial Intelligence Unit)? ...

Fire early Tuesday morning ripped through a house and a nearby fuel tank at Turning Basin, Port Kaituma, sources said. No one was injured in the fire that started at about 4:30 AM. The cause of the blaze was not immediately known, although there is some suspicion that it might have been the work of arsonists. Chairwoman of the Neighbourhood ...

As the City struggles to get its garbage collection system right, plans are in train to bring back the country’s two major waste management companies- Puran’s and Cevons- in combination with other smaller operators and the city’s trucks to remove garbage at a lower cost, a senior City Hall official said Monday. Speaking with Demerara Waves Online News ahead of a ...