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News

CGX announces major sponsorship deal for Green Expo

Canada-based CGX Energy Inc., a public company trading on the Toronto Stock Exchange, has announced its leading sponsorship of the upcoming Green Guyana Expo and International Business Summit scheduled for the Ramada Princess Hotel and the National Stadium on October 19-22, 2018. Company Executive Chairman, Guyanese Professor Suresh Narine, committed the company to the highest sponsorship level; Executive Sponsor with the Jaguar Package, for the event which aims at promoting Guyana’s ...

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“Who is mixed and who determines who is mixed?” ERC Chairman on PPP’s claim of almost 100 percent Afro-Guyanese at GECOM

The Ethnic Relations Commission (ERC) is next week expected to begin probing allegations by the opposition People’s Progressive Party (PPP) that mostly Afro-Guyanese are being employed at the Guyana Elections Commission, but already the question is who is a pure race. “If the pie chart that I saw is authentic, we really have a problem. Who is mixed and who ...

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GECOM Chairman stresses importance of free and fair elections

Chairman of the Guyana Elections Commission (GECOM), James Patterson on  Saturday underscored the importance of trained polling day staff to deliver free and fair elections. “One of the functions that must permeate GECOM and those who function in it, as for example you, is that you have to see that elections are run free and fair,” he told the opening ...

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Big drugs bust in wooden boat at Mon Repos; boat owner, wife arrested, Venezuelans wanted

A Guyanese man and his wife were early Saturday morning arrested in connection with the interception of more than 140 kilogrammes of cocaine aboard a wooden fishing vessel near the Mon Repos channel, East Coast Demerara, the Customs Anti- Narcotics Unit (CANU) said. The law enforcement unit said the arrested suspect, Azim “Bato” Baksh, of 123 Phase 1 Goed Hope East Coast ...

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University of Guyana launches Alumni Associations in Toronto, London and Washington this month

The University of Guyana (UG)  says it is is actively and intentionally reaching to embrace its own who are in the Diaspora with a series of strategic and structured events over this summer. UG will first rejuvenate the Toronto Guild of Graduates  on July 19 and  will launch an alumni association in London on August 3rd . “ Reignite ” is the Canada event billed ...

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Bank of Guyana to bail out commercial banks temporarily; Deposit Insurance Scheme to safeguard depositors

The Bank of Guyana is about to be given the power to bail out commercial banks in financial troubles for a maximum of 182 days, to safeguard depositors’ monies similar to what happened 14 years ago at Globe Trust. However, the opposition People’s Progressive Party (PPP) objected to the amendment to the Bank of Guyana Act, saying that it was ...

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Junior Finance Minister raps police for slow progress on forensic audits

Junior Finance Minister, Jaipaul Sharma on Friday virtually blamed the Guyana Police Force for the failure to charge and prosecute many persons stemming from several forensic audits that cost the National Treasury millions of dollars. “If I am the person conducting the audit, I know what the audits contain and I am annoyed that there is no prosecution,” he told ...

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Policeman arrested allegedly with marijuana

A policeman was Friday arrested after he was allegedly caught with 21 kilogrammes of marijuana in the car he was driving, the Guyana Police Force said. The law enforcement agency said tge arrest was the result of “intensified collaborative intelligence” between anti-narcotics police and the East Coast Demerara division of the police force. He is stationed at Force Headquarters for ...

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Venezuelan plane registration documents authentic- Civil Aviation Chief

The registration documents for the Venezuelan plane, which landed with six nationals of the Spanish-speaking South American nation, have been confirmed as authentic, authorities said Friday. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt.Col. Egbert Field told Demerara Waves Online News that the documents exchanged with the Venezuelan Civil Aviation Authority proved that information provided by the pilots ...

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Bank of Guyana gets stronger legal teeth to deal with weak, failing financial institutions

Finance Minister, Winston Jordan has dismissed opposition claims that the strengthening of a raft of Guyana’s financial institutions laws is in exchange for a US$35 million soft loan from the World Bank. “We don’t have to pass these Bills today to get thirty-five million. We already get it. It’s already been approved. We don’t have to pass these Bills today ...

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