News

The outgoing Chairperson of the Board of Directors of the Guyana National Newspapers Limited (GNNL), publisher of the Guyana Chronicle state newspaper, Geeta Chandan-Edmond Tuesday evening insisted to Prime Minister Moses Nagamootoo that a vote was taken to fire just reinstated Sherod Duncan from the post of General Manager. She said the evidence in the files show that she cast ...

Natural gas was Tuesday continuing to spew in northwestern Guyana from what was expected to be a potable water well being drilled by a Brazilian company for a private businessman, official said. Region 1 (Barima-Waini) Chairman, Brentnol Archer told Demerara Waves Online News that as far as his regional council was aware, no information or request was submitted. “Our concern ...

The Guyana Sugar Corporation (GuySuCo) on Tuesday denied accusations that it has not been accounting for more than GYD$7 billion disbursed from a GYD$30 billion bond, and insisted that it does not have to report to government’s holding company for state assets. GuySuCo’s Chief Executive Officer, Dr. Harold Davis Jr., in an initial reaction pending a comprehensive response to claims ...

Sherod Duncan, the man who an audit found engaged in unnecessary spending without following procedures, is returning to the post of General Manager of the state-owned Guyana National Newspapers Limited (GNNL), publisher of the Guyana Chronicle newspaper, well-placed sources said. Demerara Waves Online News has since seen a copy of Prime Minister Moses Nagamootoo’s letter to the Chairperson of the ...

The Guyana Power and Light (GPL) said numerous areas in Berbice, Georgetown and East Bank Demerara would Monday night have no electricity due to a fault along sections of its submarine cable that links the Vreed-en-Hoop to Kingston power stations. “On Sunday night, June 2, the submarine cable which links our Kingston and Vreed-en-Hoop Stations developed a suspected fault along ...

Guyana’s Police Commissioner, Leslie James on Monday declared that there is no spike in crime in the country, despite repeated daily reports that pedestrians and businesses are being robbed almost on a daily basis. James instead attributed the perception of increased crimes to “sensational” media reports. He assured the Guyanese diaspora and visitors that crime is not on the increase. ...

The National Industrial and Commercial Investments Limited (NICIL) on Monday said holders of a GYD$30 billion bond to help revive the Guyana Sugar Corporation (GuySuCo) have begun asking questions about how the State-owned corporation has spent GYD$7.4 billion dollars disbursed so far. “The bondholders and the trustees are not happy with the information coming from NICIL,” Head of NICIL, Colvin ...

An Indian-Ghanaian-Guyanese consortium is likely to buy out the Rose Hall sugar estate, the first of three that is on the selling block, government’s holding company of state assets announced Monday. Officials said they hoped to seal the deal by July, 2019. Head of the National Industrial and Commercial Investments Limited’s Special Purpose Unit (NICIL-SPU), Colvin Heath-London said the consortium ...

Veteran Guyanese women’s activist and former member of the Working People’s Alliance (WPA), Andaiye Williams died Friday after a prolonged battle with cancer, her longtime friend Joceyln Dow confirmed. Andaiye was 77 years old. Dow said Andaiye, a cancer survivor for 30 years, passed away at about 6:30 pm at the Woodlands Hospital in Georgetown. Demerara Waves Online News was ...

Government was preparing to sell off huge swathes of land owned by the Guyana Sugar Corporation (Guysuco) as part of moves to sell off the several loss-making estates, even as the administration prepared to revive interest in the ‘for-sale’ assets by local and foreign investors, Director-General of the Ministry of the Presidency, Joseph Harmon said Friday. “I can say to ...