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News

ExxonMobil investing in Guyana despite several risks-Trotman

Minister of Natural Resources, Raphael Trotman on Monday defended the 2016 agreement between United States (US) oil giant, ExxonMobil, and Guyana, saying that there were several risks including Venezuela’s unresolved border claim. “They were the only company willing to operate in certain areas and that is areas tending towards the north-west- the Venezuelan border-there were no other takers and so ...

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Guysuco severance pay: Prison unrest helped drain coffers of monies

Leader of the Alliance For Change (AFC), Raphael Trotman on Monday said government was aware that GY$500 million would be insufficient to pay severance to the 4,000 laid off sugar industry, but the reality is that it could only have budgeted in 2018 what it could afford due to, among other reasons, prisons security. “It was not that we (cabinet) ...

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UK-headquartered firm begins eight-month valuation of Guysuco’s assets

The Special Purpose Unit (SPU) of the National Industrial & Commercial Investments Limited (NICIL) on Monday announced that PricewaterhouseCoopers (PwC) commenced the process of the valuation of GuySuCo assets today. SPU-NICIL said PwC’s work on the GuySuCo project is expected to last eight months- that is around mid September. PwC was selected from a field of the top four international financial ...

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AFC may contest local govt elections alone

The Alliance For Change (AFC) might contest local government elections later this year, but a final decision rests with further deliberations within the party, party leader, Raphael Trotman said Monday. “There is a strong body of opinion that we should go it alone,” he told a news conference. He said the party would further discuss the matter internally in Guyana ...

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One detained for murder of Pomeroon farmers

A farmer has been detained for questioning in connection with the shooting death of two men at a village in the Pomeroon River, police said. The Guyana Police Force said the detainee is not a suspect but someone who was in the area at the time of the incident and could possibly provide some useful information. “A male has been taken ...

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Council of Legal Education has not approved Joseph Haynes Law School; Guyana yet to submit info on key decisions

Guyana is yet to clear several hurdles before it can establish a local law school because no such approval has ever been granted by the Caribbean’s Council of Legal Education (CLE), well-placed sources said Sunday. Indications are that as far back as September, 2002 the CLE had decided to establish a Law School in Guyana, but approval is still to be ...

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Update: City Constabulary Lance Corporal arrested after fatally shooting unarmed detainee in his back

A City Constabulary Lance Corporal was arrested by Guyana Police Force investigators as they probe his shooting death of a detainee just outside the City Constabulary outpost near Regent and Bourda Streets Monday afternoon. Dead is Marlon Fredericks, the son of broadcast journalist and producer, Claudette Fredericks. He was said to have been mentally unstable. “A City Constabulary Lance Corporal ...

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Soldier admits to multi-million dollar gun robbery, names accomplice

A Guyana Defence Force lance corporal has been arrested in connection with a GY$5.5 million armed robbery committed last week. “He has since admitted to the commission of the crime and named an accomplice who is also been taken into custodyInvestigations are in progress,” police said. The Guyana Police Force said a gun and nine live rounds of ammunition as ...

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Caricom condemns US President over “shithole” comments about Haiti

The Caribbean Community (CARICOM) on Saturday said it was deeply disturbed by reports about the use of derogatory and repulsive language by the President of the United States, Donald Trump about  Haiti, and other developing countries. “CARICOM condemns in the strongest terms, the unenlightened views reportedly expressed,” the Guyana-based regional headquarters said. “The Caribbean Community expresses its full support for ...

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Harmon distances govt from Information Chief’s criticism of Indian govt

The Director of the Guyana government’s Department of Public Information, Imran Khan’s claim that India deliberately excluded Guyana government Indo-Guyanese parliamentarians from participating in a conference of persons of Indian origin was Friday rejected by the government. “I have seen the article in the newspaper and what I would say is that it does not represent the position of the ...

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