News

The Special Purpose Unit (SPU) of the National Industrial and Commercial Investments Limited (NICIL) on Thursday lashed out at Bharrat Jagdeo, saying that as a former President and former Finance Minister he should know that the GY$30 billion bond for the sugar industry at 4.75 percent interest rate was a good deal. The SPU further dismissed Jagdeo’s criticisms that the ...

General Secretary of the People’s Progressive Party (PPP), Bharrat Jagdeo on Thursday denied secretly asking Charles Ramson Jr. to publicly express his availability for the presidential candidacy of their party. “No, I did not, I did not,” he said, while at the same time stating that he did not mind anyone publicly expressing his or her availability for the candidacy. ...

Norway’s outstanding US$80 million payments to Guyana for the preservation of standing forests will be used to fund the purchase of solar farms to supply 100 megawatts to the national grid, State Minister Joseph Harmon said Thursday. He said the decision was reached in talks himself, Minister of Public Infrastructure David Patterson, Minister of  aural Resources Raphael Trotman and Laura ...

Guyana’s minimum State pension has been increased, Minister of State Joseph Harmon announced Thursday. He said the new figure is now GY$360,000 annually, up from GY$200,000. That means the new monthly State pension would be GY$30,000 instead of GY$10,000. The State Minister further announced that well-known Guyanese historian, Professor Noel Menezes will now be paid a State pension He described ...

The Central Islamic Organisation of Guyana (CIOG) has awarded GY$500,000 to the nation’s top 20 performers at the 2018 National Grade Six Assessment (NGSA). Delivering the feature address, at Woolford Avenue, Minister of Education, Nicolette Henry told the students that access to quality education has resulted in significant improvements in the performance of students, including those in outlying schools. “This year’s ...

Rising flood waters in Lethem have forced the evacuation of 25 persons and the closure of several schools, a number of which were being used as shelters, authorities said Thursday. The flood is caused by heavy rainfall and overflowing Ireng and Takatu Rivers. Director-General of Guyana’s Civil Defence Commission, Col. Kester Craig told Demerara Waves Online News that the evacuees are in ...

Approval has been granted for the construction of a 0.95-megawatt dual hydro-system at Moco Moco and a 2.2 megawatt at Kumu in Region Nine (Upper Takutu/Upper Essequibo. That was announced by Regional Chairman, Brian Allicock, at the recently concluded Regional Toshaos’ Conference in Lethem, reported government’s Department of Public Information. The projects will be financed from funds received through the ...

Cambios and money transfer entities are to come under intensified scrutiny, against the background of an assessment showing that in Guyana money laundering is “high” and financing of terrorism is “medium”, officials said Wednesday. The announcement was made at Guyana’s Money Laundering and Terrorist Financing (ML/TF) National Risk Assessment (NRA) Seminar that was held to assess implementation efforts by the several government and ...

The Guyana government has chalked up as much as GY$10 million legal bill for hiring two Barbadian Queens Counsel to defend the presidential third term limits case at the Guyana Court of Appeal and the Caribbean Court of Justice (CCJ), Attorney General Basil Williams said Wednesday. “No one lawyer got more than five million dollars. They did well; I think ...

Incumbent People’s National Congress Reform (PNCR) Chairman, Basil Williams on Wednesday called for a debate with contenders who want to dislodge him from his party’s second highest elected post. “Who wants to challenge me must show their track record of achievements for the PNC,” he said, adding that party members should be given an opportunity to hear a debate by ...