Business

A Guyanese gold miner is wanted by Brazilian Federal Police for allegedly being involved in laundering at least US$16.9 million (R$80 million) from illegal gold sales through shell companies in Brazil, according to reports in the neighbouring South American nation. Head of the Guyana Police Force’s Special Organised Crime Unit (SOCU), Assistant Commission Fazil Karimbaksh told Demerara Waves Online News ...

Guyana is still awaiting a reply from the United States Department of Agriculture to several submissions aimed at having that North American country lift an almost six-year old ban on catfish, according to Agriculture Minister Zulfikar Mustapha. With Guyana having recently updated its previous submission, he said the Ministry of Agriculture was awaiting word from the Department of Agriculture’ Food ...

The bipartisan parliamentary Public Accounts Committee on Monday said the Guyana Police Force breached the Procurement Act by paying all of the GY$123.344 million to the same supplier for four contracts within one month of the award although none of the items had been delivered. “That was a breach of the Procurement Act. You can’t pay upfront all of the ...

BRIDGETOWN, Barbados, July 10, 2023: The Caribbean Development Bank (CDB) on Monday announced it has approved a US$76.2 million loan to the Government of Guyana for the Guyana Water Supply Improvement Project under which the water supply systems serving five coastal communities will undergo major upgrades. The infrastructure development initiative involves the construction of five water treatment plants, complete with ...

President Irfaan Ali on Friday announced that government would be making available 25,000 acres of land in East Berbice to increase rice production for the poultry industry with the aim of increasing chicken production for stockpile and the production of sausage and nuggets. Addressing poultry producers, he said Guyana hoped to team up with neighbouring Suriname which would also be ...

President Irfaan Ali on Friday announced that government would import and distribute free vaccines to small and medium-scale poultry farmers to help prevent wider spread of the deadly poultry virus, Inclusion Body Hepatitis (IPH). He also told hundreds of farmers at a meeting held at the Arthur Chung Conference Centre (ACCC) that government was importing foreign chicken for free distribution ...

The Norway-headquartered Extractive Industries Transparency Initiative (EITI), a global watchdog against corruption in Guyana’s oil and gas, mining and quarrying, forestry, and fisheries sectors, has lifted its suspension this country after Guyana met the deadline to submit its 2020 report. “The Secretariat can confirm that Guyana published its 2020 EITI Report on 30 June 2023. Thus, the condition for lifting ...

Maninder Sidhu, Canada’s Parliamentary Secretary to the Minister of Foreign Affairs, is due to visit Guyana from July 5 to 7 to discuss energy, food and business, according to that country’s Minister of Foreign Affairs, Mélanie Joly. “I also look forward to strengthening our bilateral relationship with Guyana, as we are committed to collaborating on shared priorities, such as inclusive ...

Fisherfolk in Guyana are complaining about unprofitable operations because of plummeting fish prices for several months now, a situation that has triggered a request by Guyana’s Agriculture Minister Zulfikar Mustapha for sister Caribbean Community (CARICOM) nations to buy more of the protein source from his country. Chairman of the Guyana National Fisherfolk Organisation, Parmeshwar Jainarine  complained about falling fish prices ...

China is set to train several Guyanese fisherfolk in cage fishing, a novel technique in this South America nation, to further increase fish production, Minister of Agriculture Zulfikar Mustapha said Friday. He told a ceremony in observation of National Fisherfolk Day 2023 at the Lusignan Community Centre Ground that the time has come to change fishing techniques due to the ...