Business

A Canadian company that refines Guyana’s gold wants local authorities to tighten several areas to ensure the precious yellow metal is not used to wash dirty money, the Ministry of Natural Resources said in a statement. Royal Canadian Mint’s Director of Storage and Refining Solutions, Steve Higgins has since told Minister of Natural Resources, Raphael Trotman that he is pleased “with ...

Prime Minister Moses Nagamootoo has dismissed as totally baseless the criticisms leveled at government by Opposition Leader Bharrat Jagdeo, about the regulations proposed for the Amended Broadcast Act. The Prime Minister, in a Department of Public Information (DPI) interview, Saturday stated that the regulations were done in accordance with the law. On July 27, the Prime Minister read the legislation, ...

Opposition Leader, Bharrat Jagdeo on Friday warned that amendments to Guyana’s Broadcasting Act could result in the closure of several radio and television stations and would certainly see government taking away airtime from all stations under the guise of “public service programmes”. Jagdeo railed that government has moved to turn propaganda content into “public service programmes” and urged the private ...

Existing radio and television stations could be closed and their equipment seized if they do not apply for and are granted new licenses within 30 days of parliament’s approval of amendments to the Broadcasting Act, according to the Bill tabled in the House on Thursday. Government is also seeking to pass into how it intends to compulsorily have its content ...

Government and the Guyana Telephone and Telegraph Company (GTT) on Tuesday said rogue elements have been sabotaging that telecoms provider’s fibre optic cable , resulting in at least 200,000 subscribers having to go without cell, land and internet services. “It’s somebody that definitely has a strong motive to attempt to degrade our service,” Chief Executive Officer of GTT, Justin Nedd ...

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 ...

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 ...

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 ...

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 ...

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 ...