News

Finance Minister, Winston Jordan says he is wary of losing revenue, including much needed foreign exchange, if government gives into calls for fuel prices to lowered. Government’s Department of Public Information (DPI) quoted Jordan as saying that government is considering “creative solutions” to avoid adverse impacts on Guyana’s balance of payments. Among his concerns are the impact that lowering the ...

Berbice police have unearth what they believe are the burnt remains of a Corentyne businessman who went missing two months ago and two suspects remained in custody on Saturday, Divisional Commander, Assistant Commissioner, Lyndon Alves said. “We have what are the charred remains,” he told Demerara Waves Online News. Missing since April 18, 2018 and feared dead is Saeed “Sayo” Hamid ...

A former policeman and his accomplice have been jailed for a gunpoint robbery committed on a gold miner at the Mackenzie Market last year December. The former policeman, 38-year old Timothy Waldron, was Thursday found guilty of the offence, jailed for five years and fined GY$100,000. His sentencing came 12 days after his accomplice, 29-year old Shawn Archibald, changed his ...

Minister of Finance, Winston Jordan has sued opposition People’s Progressive Party (PPP) parliamentarian, Juan Edghill for malicious prosecution and is claiming GY$200 million in damages. The Finance Minister said Edghill’s private criminal charge of misconduct in public office on April 23, 2018 was done maliciously and resulted in harm to his image. “I have suffered significant harm to my reputation ...

The Caribbean Court of Justice (CCJ) will next week Tuesday decide whether Guyana’s presidential term limit is unconstitutional. The regional court announced that at 2PM on June 26, 2018 the judgment will be delivered in The Attorney General of Guyana v Cedric Richardson. “The CCJ will also give its decision on the validity of an amendment to the Guyana Constitution that ...

Guyana’s Private Sector Commission (PSC) on Thursday said it was engaging government on its Green State Development Strategy (GSDS), but at the same time poured cold water on government preference for solar energy and small hydro stations because they would be unable to  supply cheap energy for manufacturing. The umbrella business organisation stressed that large-scale hydro power plants were key ...

The Civil Defence Commission (CDC), which is responsible for natural disasters, will be visiting and assessing flood-affected areas in South Rupununi, government said Thursday Director of the CDC, Lieutenant Colonel Kester Craig said the commission and the Region’s Democratic Council of Region Nine are monitoring the Takatu and Ireng rivers and the roadways. He the main aim of the visit ...

Eco (Atlantic) Oil & Gas Limited (LON:ECO, TSX-V:EOG) has noted Exxon Mobil Corp’s (NYSE:XOM) eighth discovery offshore Guyana as it provided an update on its own operations in the region. The AIM-listed oil and gas producer said Exxon’s Longtail-1 well, located at the Stabroek Block which is adjacent to Eco’s own Orinduik Block, had encountered around 78 meters of high-quality oil-bearing sandstone ...

Experts from the Pan American Health Organisation (PAHO) have begun inspecting the headquarters of the Guyana Geology and Mines Commission and Guyana Gold Board for traces of mercury that have sickened several employees in recent months. GGMC Commissioner, Newell Dennisson confirmed that the inspectors began work on Wednesday and continued on Thursday. “Their work started upon their arrival yesterday (Wednesday) ...

Well-known political activist and commentator, Ramon Gaskin has called in the Guyana Police Force to probe the whereabouts of the interest earned on the US$18 million ExxonMobil signing bonus. Gaskin said he wrote Police Commissioner David Ramnarine on June 11, 2018 requesting a probe because he calculated that Guyana should have earned US$270,000 interest per annum on the signing bonus. ...