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News

Oil continues to drive Guyana’s economy; non-oil economy records “strong continued growth”

The oil sector is continuing to drive Guyana’s double digit real gross domestic product (GDP) for a fourth straight year, with the non-oil sector registering impressive performance of 49.7%, according to the 2024 mid-year economic report. “Growth continues to be driven by expansion in the oil and gas industry, along with strong continued growth in our non-oil sectors,” Finance Minister ...

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US helps CANU crack nearly $200 million cocaine stash in Guyana’s interior region

A joint operation between the United States’ (US’) Drug Enforcement Administration (DEA) and Guyana’s Customs Anti-Narcotics Unit (CANU) led to the discovery of almost US$200 million worth of 4.4 tonnes of cocaine, which was destined for Europe, from a number of pits near an illegal airstrip in Matthews Ridge. “The operation was driven by intelligence regarding illegal flights into Guyana ...

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BREAKING: Almost US$200 million cocaine haul in Region 1

About 4.4 tonnes of cocaine valued US$194 million have been unearthed from ‘bunkers’ at Matthew’s Ridge, Region One (Barima-Waini), the Head of Guyana’s Customs Anti-Narcotics Unit (CANU) James Singh said Sunday. Mr Singh said two rifles were als0 found with the cocaine in an underground storage area that was covered with wood and vegetation near an illegal airstrip about 20 ...

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PNCR does not owe City Hall rates and taxes – PNCR General Secretary; Jagdeo calls on Maikwak to pay debt; says PNCR can’t get City’s tax break

The main opposition People’s National Congress Reform (PNCR) does not owe the Georgetown City Council any rates and taxes, the party’s General Secretary Sherwin Benjamin said Friday but he declined to say whether the property is vested in a company named Maikwak Limited. “What we know is that the PNC doesn’t owe… I know that the PNCR doesn’t owe the ...

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Guyana reviewing impact of external foreign exchange demands; economy to grow by additional 8%

President Irfaan Ali on Friday announced that authorities were reviewing the impact of foreign exchange demands from neighbouring countries, even as he said Guyana’s economy grew by an estimated 49.7% in the first six months and is forecast to end the year with an additional percentage on its overall projection. “An evaluation by a technical team is ongoing now to ...

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Guyana-born former Commonwealth Secretary-General dies

Former Secretary-General of the British Commonwealth and a former Foreign Affairs Minister, and Attorney General of Guyana, Sir Shridath Ramphal, has died at the age of 95. Sir Shridath was also one of the leading lawyers in the Guyana-Venezuela border dispute before the International Court of Justice. The following announcement was made by his son-in-law, Sir Ronald Sanders. The family ...

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PNCR mum on debt to City Hall; PPP won’t seek rates and taxes cut

The People’s National Congress Reform (PNCR) on Friday avoided questions at a news conference about its alleged GY$6.7 billion debt in rates and taxes to the Georgetown City Council for its headquarters at Sophia. Though the news conference’s panelists included the Chairman, Shurwayne Holder and Treasurer, Elson Lowe, questions on Vice President Bharrat Jagdeo’s claim that the PNCR owes the ...

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Toll-free promise after Demerara, Berbice bridges’ completion

President Irfaan Ali on Thursday announced that crossing of the new US$260 million Demerara Harbour Bridge would be free of cost, and he said that eventually there would be no cost for crossing of the Berbice River Bridge and the Mackenzie-Wismar Bridge. He made the announcements at the commissioning of the Schoonord to Crane Highway, West Demerara, saying that the ...

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Former Assistant Police Commissioner dismisses latest alleged Sexual Offences Act violation

Retired Assistant Police Commissioner, Paul Slowe on Thursday deemed as a “smear campaign” the Guyana Police Force’s (GPF’s) claim that he again allegedly violated the Sexual Offences Act against a woman with whom he has a court case. “It’s all part of their smear campaign,” he told Demerara Waves Online News. Mr Slowe has been highly and openly critical of ...

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US SOUTHCOM, GDF conduct joint training, exercise

As part of the United States and Guyana’s strong ongoing military-to-military partnership, the U.S. Southern Command conducted a Joint Combined Exercise and Training (JCET), the American Embassy in Guyana said Thursday. “During their time here, the U.S. Southern Command team trained with their Guyana Defence Force counterparts in jungle operations, with a focus on tactics, techniques, and procedures,” the US ...

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