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

News

Ali not disappointed by low bids in first oil block auction

President Irfaan Ali on Wednesday shrugged off suggestions that bids for a mere six bids for the 14 offshore oil blocks did not meet his government’s expectations. “I’m not disappointed.  I think this is a tremendous accomplishment given the circumstances of the market and the realities we are operating in,” he told an Inter-American Dialogue forum in Washington DC, in ...

Read More »

Two feared drowned in Cuyuni River

Two men are now feared drowned after they disappeared from a rock in the middle of the Cuyuni River where they sought refuge when the boat they were travelling in sank, police said. They are 44-year old Kevin Musa of Pomeroon and another man whose only name has been given as Alvin. The boat mishap occurred at about 6:40 PM ...

Read More »

Suspect in Region 6 RDC robbery shot dead, another arrested

A suspected thief was Wednesday afternoon shot dead and another was arrested, as Guyanese police continued to investigate the theft of an undisclosed amount of cash from the accounts department of the Region Six Regional Democratic Council (RDC) office in New Amsterdam. The Guyana Police Force said three others escaped. After the reported exchange of gunfire, police said they found ...

Read More »

Thieves tie guard, cart off cash from Region 6 Council office

Thieves early Wednesday morning tied up one of three security guards at the Region 6 Democratic Council (RDC) office, entered the building and stole and undisclosed sum of cash. Police recovered rolls of duct tape and hack saw blades in a bag at the crime scene. The incident occurred at about 3:10 Wednesday at the RDC office, Vryman’s Erven, New ...

Read More »

Ansa McAl expands further in Guyana; plans to train locals, make technologies available

The Trinidad-headquartered Ans McAl group of companies on Tuesday formally announced the establishment of a US$15 million subsidiary, Ansa Building Solutions (ABS) in Guyana that will eventually cater for various aspects of the infrastructure sector including laboratory and other tests. Initially, the company is employing 45 more persons and is offering paint with mixtures that can generate more than 2,000 ...

Read More »

Six bids in for Guyana’s first oil block auction

A Guyanese women-owned led company and ExxonMobil are among six separate expressions of interest in Guyana’s first ever auction for oil blocks offshore. The bids were opened by the National Procurement and Tender Administration Board, after several push-back in deadlines that allowed for the passage of a new Petroleum Act and the drafting of a new model Production Sharing Agreement. There ...

Read More »

Private sector satisfied with talks to ease foreign exchange bottlenecks

The private sector on Tuesday appeared satisfied with steps that would be taken to ease an apparent shortage of foreign exchange at  commercial banks, even as the Chairman of the Private Sector Commission (PSC), Komal Singh indicated that he was satisfied with the outcome of Monday’s talks. “The meeting yesterday (Monday) was a very fruitful meeting from a private sector ...

Read More »

Non-involvement of GTU in President-teachers consultations is union busting- Mc Donald

Amid uncertainty over whether President Irfaan Ali would be holding talks with the Guyana Teachers’ Union (GTU) to discuss salaries and other benefits or he would be relying only on his meetings directly with teachers across the country, the union on Monday accused government of embarking on union busting tactics. “It is a form of union busting and it is ...

Read More »

Wide-ranging decisions for exams, SBAs at secondary schools

Secondary school students would now be allowed to cross-stream, and they would no longer have to rewrite exams in 5th Form, Education Minister Priya Manickchand announced on Monday. She told a ceremony to formally open the Maureen Massiah wing of The Bishops’ High School that the directives would be circulated to secondary schools shortly. Ms Manickchand said, “all the national ...

Read More »

National Grade Six high performer, father among four dead in vehicle smash-up

An 11-year-old girl, whose primary school performance earned her a place at President’s College, and her father were among four persons who lost their lives in a collision on the De Hoop, Mahaica public road, East Coast Demerara. The Guyana Police Force identified the deceased as 37-year old Jason Rudder of 8 Glasgow Housing Scheme, East Berbice, and his daughter ...

Read More »