Business

Several members of the United States Congress’ House Ways and Means Committee are in Guyana for high-level talks with President Irfaan Ali and other top government officials, Foreign Secretary Robert Persaud said Friday. The seven-member delegation arrived late Thursday night and were Friday morning due to hold engagements with American Ambassador to Guyana Sarah-Ann Lynch and her team.  They are ...

Guyana’s Ministry of Finance on Wednesday rubbished claims by the Guyana Human Rights Association (GHRA) that the US$34.5 million contract awarded to a German company to implement high-tech Residency and Work Permit cards flouted this country’s procurement laws. In a statement that questioned overwhelmingly the GHRA’s credibility, the Finance Ministry said the contract to VERIDOS was in keeping with Guyana’s ...

The Amalgamated Transport & General Cooperative Credit Union (AT&GC) appeared to have invested GY$40 million in 50 acres of land for housing but Labour Minister Joseph Hamilton said the purportedly leased land could not be found. The leased land, he said, is presumably located somewhere in Diamond but the coordinates are “blind”. “Long and short of it! No one knows ...

Three days after a bulldozer toppled into a bauxite mining pit at BOSAI’s East Montgomery Mine in Linden, the body of the operator was Tuesday afternoon retrieved, Minister of Labour Joseph Hamilton said. Missing was 59-year old Neptrid Hercules. The Minister told Demerara Waves Online News that the bulldozer was first located and then Hercules’ body was found. “At least, ...

A fire on Friday morning destroyed a decades-old dilapidated wooden building on Lombard and Drysdale Streets, Georgetown. The building once housed Robinson’s Store which remained closed since its owner, Lennox Robinson, was shot and subsequently died in 2020. A Divisional Fire Officer said firefighters received a call at about 10:55 am and responded with several appliances  HE said an investigation ...

The owner of Blue Iguana club, Royston Peniston, has been arrested allegedly with GY$2.1 million worth of cocaine in hardcover suitcases at a house in North Ruimveldt, the Customs Anti-Narcotics Unit (CANU) said Saturday. The anti-drug agency said its agents intercepted Peniston,44, at the property in Festival City with two hardcover suitcases in his possession. “A subsequent search of the ...

ExxonMobil, the operator and major stakeholder in the prolific Stabroek Block, has been informed that it would have to relinquish unused gas fields back to the State of Guyana, Vice President Bharrat Jagdeo said Friday. In addition to associated gas that the supermajor said was needed to maintain pressure and quality during extraction of crude, he said the discovery at ...

Vice President Bharrat Jagdeo on Friday announced that the Guyana government planned to offer cargo flights to a number of far-flung interior regions where the cost of freight would be ordinarily expensive. “The aircraft we are looking for are to allow us to better serve the hinterland community including if the freight costs are too high for goods and services ...

The Guyana government  would be filing court proceedings in Trinidad to enforce a Guyana High Court order that a Trinidad company refund GY$6.5 million (US$28,449.54 and pay GY$500,000 in damages after it failed to supply two eco-pods, Attorney General Anil Nandlall said Tuesday night. “Currently, our law permits us to enforce this judgment in Trinidad and we will pursue that ...

The Trinidad-based engineering consultancy firm, WSP Caribbean, has picked five companies to construct the Corentyne River bridge that would link Guyana and Suriname, Public Works Minister Juan Edghill confirmed briefly late Wednesday night. The names of the companies were not immediately available, but Starnieuws reported on Wednesday that the two-lane bridge could cost at least US$300 million which means that ...