Business

The Alliance For Change (AFC) on Friday called for Guyanese authorities to conduct a thorough investigation into allegations that a major city business was allegedly involved in gold smuggling, money laundering and other transnational crimes. Nazar ‘Shell’ Mohamed and his son Azruddin Mohamed are on record as denying such allegations and calling on the United Kingdom-headquartered Reuters news agency to ...

Opposition Leader Aubrey Norton on Thursday condemned the Guyana government for turning a blind eye to the plight of residents of Vreed-en-Hoop Jetty/Plastic City whose houses were being demolished to make way for a nearby shore-base that is being constructed, but Vice President Bharrat Jagdeo said generally at times hard decisions have to made. “It was pointed out that long-standing ...

Vice President Bharrat Jagdeo on Thursday said Trinidad and Tobago businesses have found a solution to the prolonged foreign exchange shortage in their homeland by buying their imports through Guyana and shipping them to Port-of-Spain. “We notice a trend here is that some Trinidadian companies are procuring large quantities of goods for their businesses in Guyana and in Trinidad and ...

Vice President Bharrat Jagdeo on Thursday stressed that gold mining has been halted in Chinese Landing in the interest of the majority of residents there, but he could not say definitively whether the greenlight would be given for that activity to resume. However, the Vice President could not immediately say whether government would approve the resumption of mining in that ...

The President of the Caribbean Development Bank, Dr Hyginus ‘Gene’ Leon says media in the region are not performing effectively, for instance, in the areas of helping people to cope with natural disasters and address crime. “In small, vulnerable states, Caribbean media are particularly important to support relief and recovery efforts as well as disaster mitigation. But I fear the ...

Guyanese have a constitutional right to be protected from competition and that supreme law should be amended to provide a breakdown of the award of contracts and licences as part of efforts to meaningfully address historical economic disadvantages that African Guyanese are facing, according to political and social activist Attorney-at-Law Nigel Hughes. In his feature presentation at Cuffy250’s 2023 State ...

More than 900 residents of Wauna, Region One (Barima-Waini) and surrounding areas are expected to receive reliable potable water from September when the drilling of a new well is expected to be completed, the Guyana Water Incorporated (GWI) said. Minister of Housing and Water, Collin Croal, who visited the site to inspect the works this week, said the well is ...

A Fly Allways flight from Guyana to neighbouring Suriname was forced to return to the Cheddi Jagan International Airport on Monday morning after one of the plane’s engines failed, the Guyana Fire Service said. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field said an aviation engineer aboard the aircraft checked the plane and, along with ...

Aviation Minister, Juan Edghill on Monday said top officials of the Guyana government have warned InterCaribbean Airways that it could face sanctions if the carrier does not avoid prolonged flight delays and cancellations. Mr Edghill said officials, including representatives of the Guyana Civil Aviation Authority (GCAA), met with representatives of the Turks and Caicos Islands-headquartered airline last Thursday to address repeated ...

Public Works Minister Juan Edghill on Monday said the engines of the new North-West District (NWD) vessel, MV Ma Lisha, sucked in silt while departing Georgetown on Thursday at low tide resulting in a delayed arrival at Kumaka, in response to claims that the vessel encountered engine trouble during its maiden voyage. “There was no engine failure. All that happened- ...