Business

by Gary Eleazar The Parliamentary Committee of Appointments has recommended that Matthew Edward Hugh Langevine, be appointed as Director of the Financial Intelligence Unit (FIU) within the Ministry of Finance. The FIU works closely with the Special Organised Crime Unit of the Guyana Police Force, Guyana Revenue Authority and the Ministry of Finance in detecting and pursuing those suspected of ...

City Mayor, Patricia Chase-Green on Sunday said the Mayor and City Councillors were still searching for space to place vendors who are temporarily plying their trade on a plot of land at the corner of Hadfield and Lombard Streets. Chase-Green’s position contrasts with what sources said was active consideration that was being given by Sugrim to grant an extension for ...

Armed bandits assaulted and robbed the owners of a supermarket at La Jalousie, West Coast Demerara, police confirmed Sunday. Divisional Commander for West Demerara, Senior Superintendent, Stephen Mansell confirmed that the incident occurred on Saturday, July 16, 2016 at C and N Supermarket. He said one suspect has been arrested. The names of the victims were not immediately available. Mansell ...

Well-known Attorney-at-Law, Sase Gunraj said Friday that Georgetown’s Mayor and Councillors do not have any legal right to impose a container tax and can only do so if the archaic colonial law is amended by Parliament. “They do not have the authority to impose that tax…”If they want to impose such a tax they have to go to Parliament,” he ...

by Gary Eleazar A European Bank has been identified to fill the void in the local financial system following the announcement of a pullout by Bank of America. This was confirmed by Bank of Guyana Governor (BoG), Dr Gobind Ganga  who, during an exclusive interview with Demerara Waves Online News on Friday, said all of the necessary due diligence measures between ...

University of Guyana (UG) graduating students will now have to pay a graduation fee, even as the administration of that tertiary institution warned that lecturers would be punished for delivering students’ grades late. The institution said the Finance and General Purposes Committee (F&GPC) of The University of Guyana (UG) at its statutory meeting on Monday, July 11, 2016, took several ...

The Central Housing and Planning Authority (CH&PA) and Georgetown City Council have refused to grant approval for the addition of a seventh floor to the building under construction of at Robb and Camp Streets, prompting the owner to contemplate appealing to President David Granger. “The last thing now left is to go and see the President,” Building owner, Rizwan Khan told ...

Businesses in Guyana’s capital, Georgetown, will now have to pay the Mayor and City Council GYD$25,000 for the operation of shipping containers, the municipality announced Tuesday. City Hall said while container users will pay $25,000 to have the storage device parked for 72 hours, Council’s decision also supports a penalty fee of $5000 for every other day the container is ...

Chairman of the Georgetown Mayor and City Council’s Finance Committee, Oscar Clarke does not believe that there will be political fallout as a result of increased taxation on businesses and residents in the municipality. Political Scientist Freddie Kissoon agrees that the City needs increased revenue, but reasons that the APNU+AFC coalition is already losing political support on the ground because ...

The Demerara Harbour Bridge (DHBC) will again undertake substantial maintenance works similar in nature to that which it had undergone earlier in the year. This time work will be done to the western half in the third quarter of 2016. Authorities said the dates during which the maintenance would be done would be publicised as soon as they are finalized. ...