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

News

GRA rules out adjusting ExxonMobil’s audited US$214 million

The Guyana Revenue Authority (GRA) on Wednesday definitively ruled out any possibility of the US$214 million in disputed audited costs for expenses incurred from 1999 to 2017 being changed, leaving the door open now for the company to move to arbitration.  “The Authority wishes to categorically re-iterate that it stands by its advice to the Ministry of Natural Resources and ...

Read More »

Venezuela government and opposition sign agreements

by Peter Richards BRIDGETOWN, Barbados, Oct 17, CMC – Venezuela’s government and opposition Tuesday signed agreements here paving the way for new electoral conditions in the South American country and raising the possibility of the removal of sanctions by the United States against Caracas. The signings here came following the latest round of talks mediated by Norway and after multiple ...

Read More »

Then MARAD Director-General, others relieved of duties over contract award; contractor asked to repay monies- Public Accounts Committee hears

The bipartisan Public Accounts Committee (PAC) of Guyana’s National Assembly was Monday informed that a number of then officials of the Maritime Administration (MARAD) were relieved of their duties for allegedly not abiding by the procurement rules that had led to the variation in the award of multi-million-dollar contracts. Government parliamentarian Dharamkumar Seeraj and his opposition counterpart, Ganesh Mahipaul questioned ...

Read More »

APNU, AFC voice national security, electoral fears about influx of Venezuelans

Worried about a “soft invasion” of Guyana and eventual annexation of the Essequibo Region by Venezuela, the opposition People’s National Congress Reform-led A Partnership for National Unity (APNU) and the Alliance For Change (AFC) on Tuesday called on government to screen Venezuelan “refugees”. “Should they become a majority in any sizeable area of our territory, Guyana could face the threat ...

Read More »

No formal agreement with govt on reducing disputed audited costs; regrettable Gossai will be disciplined- ExxonMobil

ExxonMobil President Alistair Routledge on Tuesday acknowledged telling a parliamentary opposition delegation that an agreement had been reached with government for the reduction in disputed audited costs to US$3 million but said that was not a formal accord. “We did not have any formal agreement from the ministry and,indeed as the ministry, the minister and the Vice President made clearer, ...

Read More »

No need to panic about Venezuelan troop movement

The Chief-of-Staff of the Guyana Defence Force, Brigadier Khan on Tuesday indicated that there was no need for Guyanese to be worried about the movement of Venezuelan soldiers in areas off the border with Guyana. “If there is any need to alert on developments outside of the norm, we have a duty to make it known,” he told Demerara Waves ...

Read More »

Guyana laying groundwork to become Caribbean medical hub

Guyana is training more nurses, providing advanced training to doctors, buying higher quality equipment and encouraging surgeons from across the Caribbean to come here to share their expertise as part of a wider plan to gear up the country to become a medical “hub” for the rest of the region, according to Health Minister Dr Frank Anthony. “In another couple ...

Read More »

Bids in for Corentyne River Bridge

A Dutch company and a Chinese company have submitted bids to Guyana’s National Procurement and Tender Administration Board (NPTAB) to build the Corentyne River bridge. They are The Netherlands-headquartered Ballast Nedam and China Road and Bridges. Ballast Nedam has built most major river bridges in Suriname. Demerara Waves Online News was told that the next step is for the bids ...

Read More »

Court dismisses charges against PNC supporters in Lethem

Two members of the People’s National Congress Reform (PNCR), who resisted the eviction and demolition of a building housing their party’s office in Lethem, had charges against them dismissed because the prosecution could prove that the building was in possession of the State. Their Attorney-at-Law, Darren Wade, who is also a PNCR member, described the charges as “politically motivated” against ...

Read More »

ExxonMobil mum on opposition claims about agreement with govt on reduced costs

ExxonMobil on Friday remained silent amid calls by Guyana’s opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) for the company to exhibit integrity and admit that it informed the lawmakers that it had reached an agreement with government to reduce disputed costs from US$214 million to US$3 million. A company spokesman said he forwarded a Demerara Waves Online News ...

Read More »