https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

News

Team to probe collapse of mining pits named

Former Chairman of the Guyana Geology and Mines Commission (GGMC), Grantley Waldron is heading a four-member committee to probe the spate of mining accidents that have claimed numerous lives in recent months. The Department of Natural Resources and the Environment of the Ministry of the Presidency said the other committee members, who are “knowledgeable and competent in their respective fields”, ...

Read More »

Man robbed, shot and dumped out of car

A man was robbed of his gun, abducted, shot about his body and dumped out of a car that was later ditched in Sophia. Police said a man and a woman have since been arrested in connection with the incident after one bullet was found in their house at South Sophia. Following is the police statement: At about 1910h. last ...

Read More »

PPP list rejected?

The Peoples Progressive Party Civic (PPPC) Friday, June 26 attempted to submit to the Guyana Elections Commission (GECOM) its list of candidates for Regional Councilors but was unable to do as the body’s employees were away on a fun-day. The party, however, is claiming that the elections body “rejected”: its list. In a press release the PPPC says “the lists ...

Read More »

Govt floats financing model to dredge Demerara River

The Guyana government has pledged to partner with the private sector in dredging the heavily silted Demerara River in the “shortest possible time” by taking advantage of the huge cash reserves in the banking system. Finance Minister Winston Jordan said government was in favour of co-joining with the special-purpose company to be owned exclusively by the Shipping Association of Guyana ...

Read More »

Coke-in-milk seized at CJI Airport

A New York-bound barber was Friday night hoping to cut a deal to get him out of hot water concerning the alleged discovery of 12 kilogrammes of cocaine in his bag at the Cheddi Jagan International Airport. Head of the Customs Anti-Narcotics Unit (CANU), James Singh said the 33-year old man is from Canje, Berbice. Investigators have so far found ...

Read More »

Anti-money laundering bill passed; no whimsical seizure of GUY$10 M or more assured

Now that amendments to Guyana’s anti-money laundering law have been passed, government on Friday assured that GUY$10 million or more would not be seized in a willy-nilly manner and anyone caught doing so without sufficient evidence would be punished. Attorney General and Minister of Legal Affairs, Basil Williams was quoted by the Government Information Agency (GINA) as saying that the ...

Read More »

Man feared dead in Mazaruni River boat mishap

A cargo boat capsized while fetching fuel on the Mazaruni River, resulting in the disappearance of a man, police said. Police said  they feared that Adrian Simon drowned. No age or address was provided. Police said that about 6:30 AM Friday, June 26, 2015 a jet boat passed a cargo boat with fuel in the Mazaruni River and the wave ...

Read More »

Eleven-member commission named to probe Guysuco, craft a long-term plan

Government has established an 11-member commission to investigate the workings of the ailing Guyana Sugar Corporation (GuySuCo) and formulate a 15-year plan aimed at again making the entity profitable. “The eleven-member Commission, during its investigation will develop a 15-year plan which is expected to bring the industry back to profitability to ensure long-term environmental and economic sustainability,” said the Ministry ...

Read More »

Guyana’s current external debt reaches US$1.6B, debt strategy to address problems-Finance Minister

by Zena Henry Guyana’s Finance Minister, Winston Jordan on Friday June 26 announced that the country’s foreign debt has soared to US$1.6 billion Addressing the National Assembly at the third sitting since the convening of the 11th Parliament, the minister noted the danger of the growing debt and pledged to vigorously attack it during his tenure. While Guyana has been ...

Read More »