News

(TRINIDAD GUARDIAN).-Republic Bank (Guyana) Limited reported a net profit after taxation, for the year ended September 30, of Guy$2.35 billion, up from the 2012 figure of Guy$2.01 billion, according to third quarter (Q3) results released December 2. The company’s earnings per share (EPS) rose from 6.71 to 7.85 year (2013) on year (2012), and from 1.57 to 2.11 quarter (Q3 ...

Operations at the cash-strapped and low-producing Guyana Sugar Corporation (GuySuco) ground to a halt on Wednesday when field and factory workers went on strike to demand payment of an Annual Production Incentive (API). Workers were expected to return to work on Thursday ahead of another meeting on Friday (December 13). President of the Guyana Agricultural and General Workers Union (GAWU), ...

Natural Resources Minister, Robert Persaud on Wednesday released a transcript of proceedings of a recent meeting of the Sectoral Committee on Natural Resources to prove that he did not lie to that parliamentary body about activity in the New River Triangle Area. Persaud has in the last two days been busy fending off accusations by A Partnership for National Unity ...

A policeman is one of two persons charged with allegedly robbing Green Ice Taxi Service of more than GUY$600,000 at gun-point. Constable Colin Harris, who is based at the Wismar Police Station, and civilian Kelvin Pollard were remanded to prison until January 10 when they appeared on Wednesday in the Georgetown Magistrates’ Court. The prosecution’s case is that on December ...

The Private Sector Commission (PSC) opposes moves by the opposition-controlled National Assembly to pass a motion for the reduction of tolls to cross the Berbice River Bridge. The PSC’s position came little more than one day before the National Assembly was Thursday due to debate a motion sponsored by A Partnership for National Unity (APNU) for a slash in the ...

A cattle ranger was Tuesday arraigned for the alleged murder of his common-law wife at Ankerville, Port Mourant, East Berbice. 32-year old Joseph “Tony” Singh of 10 Sewdin Street, Rose Hall Town, Corentyne was not required to plea to the indictable charge when he appeared before Magistrate Rabindranauth Singh. Brief facts by the prosecution are that Singh on December 6 ...

Two men Tuesday night escaped from a police patrol in Linden after they dropped a bag containing one AK 47 assault rifle and 23 rounds of 7.62 X 39 rounds. Guyana Police Force spokesman, Ivelaw Whittaker said about 7:30 PM wo police ranks were in a motor vehicle travelling along Watooka Road, Mackenzie, Linden, when they observed two men on ...

Residents and businesses on the Essequibo Coast are complaining bitterly about blackout for more than 11 hours. A Guyana Power and Light (GPL) Manager said two insulators broke down in the 11 KV cubicle at the Anna Regina Power Station. Other sources said rodents were found in a back-up piece of vital equipment. The manager said every effort was being ...

Public Health was one of the key issues identified by the CARICOM Reparations Commission to receive reparatory diplomacy and action, the Caricom Headquarters said in a statement on Tuesday. This disclosure was made by Chairman of the CARICOM Reparations Commission Professor Sir Hilary Beckles, at a press conference on Tuesday following a meeting of the representatives from the Commission with ...

Disconnection and reconnection crews will no longer be required for at least 2,000 electricity consumers in Georgetown because the Guyana Power and Light (GPL) will be able to perform such tasks internally, a company spokeswoman said Tuesday. “GPL will know account activity in real time and we will have ability to disconnect them internally rather than going on the pole,” ...