Guyana’s Finance Minister, Dr. Ashni Singh on Sunday labeled those who support the European Union’s (EU) financial sanctions on the country “unpatriotic” and he called on Guyanese across the political divide to put national interests first. “This worries me because irrespective of which side of the National Assembly you sit on, you have an obligation to assure that jobs are ...
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Scrap VAT on fast food restaurants- Banks DIH boss
Banks DIH, Guyana’s oldest large-scale manufacturer, wants government to scrap the 16 percent Value Added Tax (VAT) on fast food restaurants from this year because of increased competition by food vendors. “The time is now, my fellow shareholders, to remove the VAT tax on registered fast food restaurants because it is somewhat difficult to compete with the food vendors in ...
Read More »City Constabulary complicit in sale of fruits, vegetables on ground
The City Constabulary in Guyana’s capital, Georgetown, continues to turn a blind eye to the sale of fresh fruits and vegetables on the ground. This is now more a norm on Sundays at the corner of Regent and Bourda (Piggott) Streets, literally a stone’s throw from the City Police Outpost. A Demerara Waves reporter Sunday morning brought this situation to ...
Read More »Cypriot-registered ship fined US$60,000 for cocaine bust
The Cypriot vessel, M/V DeltaDiep that was detained following the discovery of 185 packages of cocaine in a 40ft flat rack container on January 6 has been released after the fine of G$12M (US$60,000) was paid to the Guyana Revenue Authority (GRA), the tax agency said in a statement on Saturday. The GRA said the fine was levied by the ...
Read More »Election date not constitutionally valid- Former CCJ Judge
A University of Guyana (UG) Law Professor says that the May 11, 2015 date for general and regional elections is not constitutionally valid because President Donald Ramotar has not followed the required procedures. Professor Justice Duke Pollard, in a letter to the privately-owned Stabroek News newspaper said that Article 61 of Guyana’s constitution requires the appointment of the election date ...
Read More »Guyana calls EU’s reason for aid sanction “misinformation”
The Guyana government Friday rejected claims by the European Union (EU) that it has refused to disburse more than €25 million in budgetary support because the country does not have enough budgetary oversight and has not met the eligibility criteria. In an apparent effort to buttress its case, government released correspondence dated September 8, 2014 from the Head of Cooperation, ...
Read More »Guyana govt wins case against Surendra for failed Specialty Hospital project
On 14th September, 2012, the Government of Guyana through the Ministry of Health entered into a contract with Surendra Engineering Corporation Limited, a limited liability company incorporated in India and registered in Guyana. Under the contract it was agreed that the company would provide services in relation to designing, building, equipping, testing, delivering, installing, completing and commission certain facilities for ...
Read More »Fmr govt minister, Faith Harding dies
Former government minister , Dr. Faith Harding died Friday afternoon at a city hospital, a family member confirmed. She was in her late 60s. Sources said that she succumbed to a respiratory ailment at the St. Joseph’s Mercy Hospital. She had served as Public Service Minister in the Desmond Hoyte-led People’s National Congress (PNC) administration up to 1992. In the ...
Read More »Govt rules out drop in electricity tariffs, despite decline in fuel prices
Government on Friday ruled out a drop in electricity rates by the state-owned Guyana Power and Light Inc. (GPL) , saying that already consumers are benefitting from a huge subsidy. “The actual cost of production of electricity that is borne by consumers really does not have that much to do with the cost of fuel precisely because of the subsidy ...
Read More »APNU open to explore allocation of top posts with AFC in pro-democracy alliance
Negotiators for A Partnership for National Unity (APNU) and the Alliance For Change (AFC) are expected to discuss the smaller party’s desire to lead a pro-democracy alliance into the May 2015 general and regional elections. “The APNU has empowered its negotiating team to explore all the possibilities that could lead to a pre-election coalition and it would be premature for ...
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