News

A top official of the Caribbean Development Bank (CDB) has recommended that Guyana set up a Sovereign Wealth Fund to save and invest some of its earnings from extractive industries ahead of any economic downturn. “It allows a government to save money in the good times so that when the bad times come around the government does not necessarily have ...

Equipped with an “extremely high-tech” vehicular mobile shipping container scanner, imports and exports can now be checked at most locations to find un-customed goods, guns, explosives and drugs, a top Guyana Revenue Authority (GRA) official said. The agreement for the donation of the scanner was signed Friday by Finance Minister Dr. Ashni Singh and China’s Ambassador to Guyana, Zhang Limin ...

A Venezuelan man was Friday arraigned on a charge of being in illegal possession of a firearm and ammunition after a Guyanese man alleged that the foreigner pulled a gun on him during an argument. Chief Magistrate Priya Sewnarine-Beharry remanded Joel Pereira-Rodriguez to prison until December 11 when he would be sentenced. Pereira admitted that he was in possession of ...

Digicel (Guyana) Limited on Friday doled out more than GUY$11 million to help improve the lives of disabled school-age youths, cushion the impact of domestic violence and fight HIV and AIDS. The Ptolemy Reid Rehabilitation Centre (PRCC) is about to undergo rehabilitation works through a GUY$7 million project being funded by the phone company. PRCC Administrator, Cynthia Massay said construction ...

Local Government Minister, Ganga Persaud on Friday insisted that Carol Sooba was best suited to be appointed as the substantive Town Clerk of the Georgetown City Council. When told that Sooba was among several persons who Junior Local Government Minister, Norman Whittaker had said were unqualified for the job during a previous round of applications, Persaud said that Sooba has ...

Government on Friday rubbished claims by the Guyana Public Service Union (GPSU) that it has misused at least GUY$3 billion that have been set aside for public servants’ wages and salaries for 2013. A senior official of the Finance Ministry explained that the GUY$GUY$4,403,509 that were allocated for the revision of government employees’ pay-packets was not confined only to those ...

Elroy “God” Grenville who violated the Biblical Commandment- Thou Shall Not Kill- on Thursday escaped the hangman’s noose and was sentenced to 13 years imprisonment for killing a man during an altercation of cows. A smiling Grenville walked out of the Berbice High Court back to jail saying “At least I ain’t get sentenced to death.” His sentence by Justice ...

The majority opposition controlled National Assembly is preparing to send back proposed amendments to Guyana’s financial crimes law to a parliamentary select committee. A Partnership for National Unity’s Shadow Finance Minister, Carl Greenidge has said that he wants the Anti Money Laundering and Countering of Financing Terrorism (Amendments) Bill sent back to a select committee. Similarly, Leader of the Alliance ...

The Alliance For Change (AFC) plans to contest local government election whenever it is called even if President Donald Ramotar refuses to sign the Local Government (Amendment) Bill into law. AFC Leader, Khemraj Ramjattan’s position is more forthright and definitive than A Partnership for National Unity (APNU) which hopes that the Guyanese leader will eventually do so. At the same ...

The Guyana Local Government Officers Union (GLGOU) on Thursday issued a 72-hour ultimatum for the removal of Town Clerk of the Georgetown City Council, Carol Sooba because she is unqualified. GLGOU President, Dale Beresford said his union dispatched a letter to Local Government Minister, Ganga Persaud calling on him to rescind Sooba’s appointment. Beresford said her confirmed appointment earlier this ...