Business

Finance Minister, Winston Jordan on Monday maintained that sufficient foreign exchange is available, although businessmen continue to complain that they cannot readily make overseas payments by draft or wire transfer for supplies. “I have heard that complaint and every time I hear that complaint the Governor (of the Bank of Guyana,  Dr, Gobin Ganga) has assured me that he doesn’t ...

The Government of Guyana has appointed Dr. Jan Mangal, an expert in offshore and civil engineering, as Petroleum Advisor in the Ministry of the Presidency. A Guyanese by birth, Dr. Mangal brings with him a wealth of technical expertise and experiences in the area of oil and gas development. This announcement was made this afternoon at State House, where President ...

Former Chief-of-Staff of the Guyana Defence Force (GDF), Retired Rear Admiral Gary Best Friday afternoon said he had been informed by the then government that housing land had been available at Ogle-Sparendaam, and his lawyer does not believe that he should now pay more if authorities say the land has been undervalued. “The Government of Guyana made that information available to ...

(TRIBUNE MEDIA)– As many as 16 Indian-origin people, including a woman, in the US have been charged for their alleged role in a massive stolen credit card and identity theft operation resulting in losses of over US$ 3.5 million to individuals, financial institutions and retail businesses. Muhammad Rana, 40, of Queens in New York, was the leader of the massive fraud ...

Reproduced from Queens Chronicle | by Anthony O’Reilly, Associate Editor Dave Khan has seen better days at his barbershop. Khan — the owner of Dave’s Barbershop and Hair Salon on Liberty Avenue for three years — estimates three-quarters of his customers are too afraid to leave their homes and get a haircut, fearful Immigration and Customs Enforcement agents will stop ...

Former director of  Guyana’s state radio and television broadcaster, National Communications Network (NCN), Kwame Mc Coy, was Thursday questioned about the relocation of the Sparendaam radio transmission station’s mast nearby where several house lots have been allocated to then government ministers and other officials. “Basically, they wanted to know about my role in this entire saga of the Pradoville 2, specifically as ...

The government will soon launch an inquiry to address issues of land allocation, land management and land titling, Minister of State Joseph Harmon announced Wednesday. Minister Harmon said President David Granger is expected to make the announcement within the coming week of the establishment of a Lands Commission. This Commission will be tasked with examining and making recommendations to resolve ...

The Financial Investigation expert attached to the Guyana Police Force’s Special Organised Crime Unit (SOCU), Dr Sam Sittlington on Wednesday defended the decision to arrest former Head of the Presidential Secretariat, Dr. Roger Luncheon and Opposition Leader, Bharrat Jagdeo. “This is a police investigation, this is not a PPP (People’s Progressive Party) investigation. The police dictate where they interview the ...

It’s Day Two of questioning of former People’s Progressive Party (PPP) ministers by the Special Organised Crime Unit of the Guyana Police Force (GPF) about how they acquired seaside lands allegedly at below market prices. Former Education Minister, Priya Manickchand left SOCU’s headquarters shortly before 10 AM. She did not discuss details of her more than one-hour long questioning, saying ...

Suriname’ state oil company, Staatsolie, says it is not prepared to refine Guyana’s  light crude oil because the refinery in that former Dutch colony is built to process heavy oil, the De Ware Tijd newspaper reported on Monday. In stark contrast to last week’s announcement by Minister of Natural Resources, Raphael Trotman that Suriname, and Trinidad and Tobago have offered ...