Five persons are killed on Tuesday morning when a Guyana Police Force presidential escort car and a civilian vehicle collided at Friendship, East Bank Demerara, police confirmed. Police Traffic Chief, Linden Isles told News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News that a member of the Guyana Police Force is among the fatalities. Another police force member was injured. Police ...
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One dead, another injured during robbery at raw gold dealership
One of two persons shot on Monday morning at a gold dealership in Newtown, Kitty, Georgetown, has succumbed to his injuries, hospital sources confirmed. Dead is 44-year old Deon Stoll of Barima Avenue, Bel Air Park. Injured is Clayton Powley, 45, of 326 Section âCâ Turkeyen, Greater Georgetown. Residents in the area say the incident occurred shortly after 10 am ...
Read More »DDL powers up with natural gas; commissions Guyana’s first regasification terminal
Demerara Distillers Limited (DDL) says it is now using liquefied natural gas (LNG) to power its operations, having commissioned Guyanaâs first LNG regasification terminal. The terminal is located at Plantation Diamond, East Bank Demerara. âWe are very excited to be the first Guyanese company to use LNG for our power generation needs,â said DDLâs Chief Financial Officer, Vasudeo Singh. âAs ...
Read More »Unidentified man strangled, suspected killer arrested
A man was strangled to death outside the Leader of the Oppositionâs Office on Church Street, Queenstown, Georgetown late Saturday night. Police are still trying to identify him, and they have since asked the public to assist with his name and address. However, the suspected killer, who was chased by public-spirited citizens and handed over to the police, has been ...
Read More »Women among several arrested for gun, drugs at 3 East Demerara villages
Two women are among five persons who were arrested on Sunday during cordon-and-search operations at three East Coast Demerara villages. The Guyana Police Force said the searches were conducted between 6 am and 8 am at Vryheidâs Lust, Montrose, Nabacilis and Plaisance villages. Police said an unlicensed pistol with a live matching round, 300 grammes of suspected cocaine, and 45 ...
Read More »ACDA to ask Granger, other presidential candidates to suspend award of more oil concessions
The African Cultural and Development Association (ACDA) plans to write President David Granger, the opposition and all other political aspirants to lobby them for support to suspend the award of oil concessions until steps are taken to award Guyanese concessions. The call was again made on Saturday at an annual ceremony to commemorate the loss of millions of lives of ...
Read More »Coalition to promise tax breaks in 5-year manifesto
Finance Minister, Winston Jordan says the governing coalitionâs general election campaign will not be pegged on the immediate benefits of oil money next year, but will list a number of tax concessions leading up to 2025 as more oil revenues pour in. He says lower individual, corporate, value-added and other taxes will find their way into the manifesto of the ...
Read More »Finance Minister warns NIS against investing on foreign stock markets
Finance Minister, Winston Jordan has cautioned the National Insurance Scheme (NIS) against investing its funds on the international stock market. His comment came against the background of a suggestion by the Chairman of the NIS Board, John Seeram that the social security agency should invest on foreign stock markets. “We will need to consider purchasing more attractive bonds and shares ...
Read More »GuySuCo reports 23% production shortfall but hopes to meet target
The Guyana Sugar Corporation (GuySuCo) says it registered a 23 percent shortfall in production up to the date that the crop should have closed, largely due to bad weather and malfunctioning equipment. At the same time, the state-owned corporation rejected claims by the Guyana Agricultural and General Workersâ Union and the National Association of Agricultural, Commercial and Industrial Employees that ...
Read More »PODCAST: NIS grapples with declining contributions, low investment returns
ï»żThe General Manager of Guyana’s National Insurance Scheme (NIS), Holly Greaves says Guyana’s state-owned social security entity continues to suffer from declining contributions and low returns on its investments. Addressing the NIS’ 50th anniversary observance, she said a Debt Management Department has been registering some successes in raking in much needed cash from errant employers and self-employed persons. She notes ...
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