News

Guyana and the Caribbean Development Bank (CDB) on Wednesday launched a US$30 million sea defence rehabilitation project that is aimed at protecting at least 45,000 persons in several areas from floods and help improve investor confidence especially in agriculture. Officials said the Barbados-based CDB would contribute US$25 million and the Guyana government US$5,903 million to the sea and river defence ...

Guyana’s ministerial cabinet on Tuesday (April 12, 2016) discussed the Alliance For Change’s desire for Minister of State, Joseph Harmon to be stripped of some of his responsibilities but no decision has been taken, according to credible sources. “We heard from Mr. Harmon and it is just a matter now of assessing the facts,” the source said. The AFC wants, ...

Demerara Distillers Limited (DDL) on Tuesday (April 14, 2016) announced that an amicable settlement has been reached with the Guyana Revenue Authority (GRD) to resolve a long standing dispute over Consumption Tax that began in 2002. The company, in a statemenr, said the settlement follows an extended legal battle between DDL and GRA arising out of the Consumption Tax assessment levied against ...

Demerara Tobacco Company (Demtoco) fears that if the Tobacco Bill becomes law in its current form, Guyana’s economy could be hurt severely and even employees in the industry could be blocked for several years from working with government. “A day will come when we will not be able to have this kind of conversation in this forum because  we will ...

The Guyana government is exploring the possibility of twinning the proposed ministerial Code of Conduct with the Integrity Commission Act, according to Prime Minister Moses Nagamootoo. “We are looking how to merge the Code of Conduct with the Integrity legislation so that you don’t have different standards for the Integrity legislation…and the Code of Conduct is setting either a higher ...

Despite the absence of modern copyright and intellectual property legislation, the Institute of Private Enterprise Development (IPED) is investing millions of dollars in the creative industries. Chief Executive Officer of that micro-financing institution, Ramesh Persaud said he is not too worried about the limited protection that rights-owners currently have, but instead his lending agency expects the cash-injection would trigger action ...

Hours after it was revealed that the Chairman of the Alliance For Change had tendered his resignation, Nigel Hughes has spoken out on his decision to resign saying it became “difficult.” Hughes in a statement on Social Media confirmed that he had tendered his resignation after serving as Party Chairman for several years. “My continuing to act as Chairman of ...

Guyana’s Police Commissioner, Seelall Persaud has denied objecting to the introduction of a computerized system that is geared to track legal and illegal firearms. “In the four years of the development of the Firearm Management Module the Commissioner of Police has never objected to the module, and he did not object at the recent meeting at the Ministry of Public ...

Attorney-at-Law, Nigel Hughes has decided to step down as Chairman of the Alliance For Change (AFC), but party leader Khemraj Ramjattan hopes to get him to change his mind. Ramjattan, who was present at the meeting, subsequently spoke with Mr. Hughes and a meeting is arranged for Tuesday, April 12th. The party sought to scotch reports that Hughes’ decision was apparently ...

Prime Minister Moses Nagamootoo Monday night declared that Minister of State, Joseph Harmon is an “honest person” but he and President David Granger differ on whether Harmon’s powers should be reduced. “This has nothing to do with an indictment of anyone in particular Minister Harmon. I subscribe to the view also that he is an honest person. I have worked with him. ...