News

Cash-strapped Guyanese rice farmers could eventually be given a new opportunity to refinance their operations rather than await payment from millers and exporters. The Curacao-headquartered Factor Plus is currently exploring the possibility of expanding its service beyond the Dutch-speaking Caribbean to other countries where farmers need urgent payments to continue their businesses. “We saw this as an opportunity to help ...

The Guyana Sugar Corporation Tuesday said a recent three-day strike has cost the ailing entity GUY$38 million because unprocessed canes have deteriorated. Guysuco also said in a statement that as a result of the strike from October 25 to 27, 2015 it has suffered a delay in producing 6,000 tons of sugar which would have earned the corporation GUY$450 million. ...

A second man has been charged in connection with the execution-style gunning down of a man in Albouystown two months ago. Charged with the indictable offence of murder was Clive Forde. He is accused of murdering Senassie Lewis on September 4, 2015 near the Ghetto Flex Bar, James and Albouys Streets, Albouystown. The prosecution has asked that Forde and 21-year ...

A man, who had allegedly attempted to smuggle several kilogrammes of cocaine to the United States (US), was Tuesday refused bail and remanded to prison. Lincoln Johnson pleaded not guilty to the offence of being in possession of 4.160 kilogrammes of cocaine at the Cheddi Jagan International Airport, Timehri on October 23, 2015 for the purpose of trafficking. Johnson was ...

A 19-year old footballer was one of two persons charged with armed robbery and refused bail. Jermaine Scott pleaded not guilty to the charge during his arraignment before City Magistrate, Judy Latchman. Also pleaded not guilty to the charge was 18-year old Shemar Singh of 67 D’Urban Street, Georgetown. They were remanded to the Georgetown Prison until  November 12, 2015 ...

A Dominican Republic micro-financing bank that targets small farmers is eyeing the rest of the Caribbean, a senior official of that financial institution said Tuesday. Products Coordinator for Banco ADOPEM, Mariano Frontera Martinez said Caribbean countries are attractive because of the need for small loans. “It’s possible that we will expand to the Caribbean. At least the BBVA Micro-Finance Foundation ...

As a meeting between National Association of Agricultural and Commercial Industries Employees (NAACIE) and the head of the Guyana Sugar Corporation (Guysuco) concluded on Tuesday morning, the union warned that there might be protests in the coming weeks. NAACIE General Secretary Kenneth Joseph told reporters outside of GuySuCO’s Head Office in Ogle that the meeting did not include any talks ...

Guyana’s agriculture sector is among several in the Caribbean being analysed to help improve the productiotn and marketing of highly nutritious food, according to a top official of the Technical Centre for Agricultural and Rural Cooperation (CTA). Senior Programme Coordinator for Agricultural Policy and Value Chains at the CTA, Juan Cheaz Pelaez said the rapid scan would help policy-makers craft ...

Former Presidential Advisor on Governance has affirmed that the People’s Progressive Party will win Guyana’s next General and Regional Elections, but the Party has not decided who will lead it into the next polls. Currently, Bharrat Jagdeo, a two term President serves as Opposition Leader and currently has the doors open for him to regain presidency. This is due to ...

Guyana and other Caribbean countries are falsely claiming unfair trade barriers in exporting produce across the region because the private sector is doing little to promote and sell excess fruits and vegetables, according to a Barbados government politician. “We import far more than we produce. Non-tariff barriers are not an issue. I think one of the issues is that we ...