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Business

High Court orders Guyana Public Service Cooperative Credit Union to hold Special Members meeting

High Court Judge Navindra Singh on Friday ordered the Guyana Public Service Cooperative Credit Union Limited  to hold a special members meeting by October 24, 2022 and pay GY$100,000 in cost. Justice Singh granted the orders that were sought by Mehalai Mc Almont, Keith Marks and Natasha Duran. Attorney-at-Law Roysdale Forde, who represented the applicants, said the judge found that ...

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Rickford Burke wanted for extortion; accused releases explanation, recording of conversation with businessman

Well-known New York-based Guyanese political activist, Rickford Burke is wanted by Guyanese police for questioning about his alleged role in the publication of defamatory libel in order to extort money, according to a bulletin issued late Thursday hours after he released a statement and a recording of part of a conversation purportedly with a businessman. Police said Mr Burke allegedly ...

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Guyana-backed Republican nominee for IDB Presidency fired

The then United States (US) Republican-led administration nominee for the Presidency of the Inter-American Development Bank (IDB), Mauricio Claver-Carone,  who had been unequivocally supported by Guyana, has been removed from office, the hemispheric financial institution announced Monday. “The Board of Governors of the Inter-American Development Bank (IDB), following the unanimous recommendation by the Board of Executive Directors, has resolved that ...

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Suriname summons Guyana’s Ambassador over Jagdeo’s fishing remarks; Foreign Ministry cites evidence of initial agreement

Suriname’s acting Foreign Minister Krishna Mathoera has summoned Guyana’s Ambassador to that neighbouring country Keith George, telling him that Vice President Bharrat Jagdeo must be cautious about his utterances over an expected grant of 150 Suriname coastal fishing licences. “During this summons, the Vice-President of Guyana was called upon to await diplomatic efforts and to refrain from making any wide-ranging ...

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GTT fixing service disruption in Essequibo after road accident

The Guyana Telephone and Telegraph Company (GTT) on Saturday said its engineers were working feverishly to restore mobile phone and internet services on the East Bank Essequibo and the Essequibo Coast after its fibre cable was cut as a result of a road accident. “Our engineers are working to resolve as soon as possible. We apologise for this unnecessary inconvenience,” ...

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Jag’s Aviation plane runs off interior airstrip

A Britten-Norman Islander plane, owned by Jag’s Aviation, on Wednesday ran off the Eteringbang airstrip on landing, well-placed sources said. Sources said none of the nine passengers was injured in the mishap which occurred at about 4 PM. The aircraft, which bears registration marking 8R-GGT, departed the Eugene F. Correia ‘Ogle’ International Airport at about 2:30 PM under the command ...

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Spike in demand for Guyana passports- Ali

President Irfaan Ali has said there is a steep increase in the demand for Guyana passports over the past 18 months, but he stayed clear of saying whether it was linked to his country’s emerging oil and gas sector. He told an inter-faith forum on Sunday in Queens, New York that a shortage of Guyana’s passports due to global supply ...

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Guyana says amended oil agreement can’t be basis for full renegotiation of deal with ExxonMobil

The Guyana government on Sunday sought to debunk claims that an amendment to the Production Sharing Agreement (PSA) with the ExxonMobil-controlled consortium sets the stage for wide-ranging changes so that Guyana can draw down more money from the deal on the prolific Stabroek Block. The Irfaan Ali-led administration aimed to allay likely fears that it could take on board Chartered ...

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Surinamese companies face retaliatory action in Guyana over broken fishing licence agreement- Jagdeo

Vice President Bharrat Jagdeo on Friday accused Suriname of breaching a written agreement to grant 150 coastal fishing licences to Guyanese fisherfolk and warned that Guyana would take action against Surinamese companies if the issue was not resolved. “We’ve worked with them, they have given commitments, they gave a commitment to the Minister of Agriculture in writing that we would ...

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GTT cleaner, who admitted to planning GY$19.4 million armed robbery, is among six charged

A cleaner, who was attached to the Guyana Telephone and Telegraph’s (GTT) Giftland Mall branch, told police that she assisted in planning the GY$19.4 million dollar armed robbery by bogus security guards who went there under the pretext of escorting the day’s earnings, police said. Police said they recovered GY$2,696,420. In all , six persons pleaded guilty to the charge ...

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