Business

Former Attorney General and Minister of Legal Affairs, Anil Nandlall has defended government paying his law reports subscription during his tenure, saying it was to compensate for a loss of income. “I requested that… and the State granted it because when I took this job, I took it at a loss of income, that I was earning much more and ...

The University of Guyana’s Council– that tertiary institution’s highest decision-making body– on Thursday finally said ‘no’ against the rental of a building for US$28,000 monthly to house a proposed “downtown campus.” “It was not approved principally because it was not the best use of our resources,” a source told Demerara Waves Online News. Asked if it was a unanimous decision, ...

The Guyana government has approved a proposal presented by Minister of Public Infrastructure, David Patterson, to contract Energy Narrative for an eight week desk study on the options, costs, economic impact and key considerations of transporting and utilising natural gas from offshore Guyana for electricity generation. The company will be looking to also verify information supplied by ExxonMobil as it ...

  Guyana’s state radio and television broadcaster, National Communications Network (NCN) gets a new board of directors. Under the chairmanship of veteran journalist and owner of Capitol News, Enrico Woolford, the board includes the Director of the Government Information, Beverley Alert; Newssource owner, journalist Gordon Moseley; veteran broadcaster, Margaret Lawrence, Michael Leonard, Kamal Persaud and Dane Gobin. The announcement was ...

By John Mair in London He is virtually on a one man trade mission to the United Kingdom. But,unlike those before him,President Granger comes bearing the gifts of oil wealth or the promise of it. He addressed a packed Cholmondeley  Room in the House of Lords beside the Thames on Tuesday evening. It was the Caribbean Council’s Annual Reception and ...

Former Education Minister Priya Manickchand, has again offered a formal challenge to the application of the Value Added Tax (VAT) on educational material and supplies –as applied by the coalition A Partnership for National Unity, Alliance for Change (APNU-AFC) Government. The Peoples Progressive Party Civic (PPP/C) Member of Parliament, on Tuesday (April 25, 2017), filed a motion with the National ...

The Mayor and City Councillors on Wednesday approved a  seven-member team to negotiate a revised parking meter contract with Smart City Solutions, in keeping with the wishes of central government. Under the chairmanship of Malcolm Ferreira, the others are Vice Chair, Noelle Chow-Chee; Carlyle Goring; Tricia Richards, Ivelaw Henry, Roopnarine ‘Ron’ Persaud and Heston Bostwick. Persaud has long opposed the ...

Guyana Gold Board General Manager on-leave, Lisaveta Ramotar on Wednesday denied being involved in alleged money laundering or other offences, as police continued to probe alleges links with fraud accused gold dealer, Saddiqi Rasul. “I wish to assert strongly that I am absolutely innocent of any wrong doings. I have discharged my  duties at the Guyana Gold Board professionally and ...

United States-based Guyanese could soon be asked to pay more to send their relatives and friends a ‘small piece’ or a ‘frek’ if a Bill is passed to impose a two percent tax on all remittances sent to Guyana and several other countries to help fund the construction of a US-Mexico border wall. Introduced to the House of Representatives on March 30, 2017, ...

The Guyana Telephone and Telegraph Company (GTT) on Tuesday appealed to customers to be patient with Internet “outages” they may experience as the company takes high-tech steps to ensure a faster and reliable service by the third quarter of this year. The telecoms provider said the upgrade, being undertaken in partnership with General Datatech (GDT), is expected to be completed ...