News

by Gary Eleazar Colonial Life Insurance Company (CLICO) must first pay off its debts to depositors in Guyana before being allowed to conduct business here again. This is the firm position of Former President, Bharrat Jagdeo, now opposition leader who today (April 3, 2017) weighed in on reports that CLICO was looking to re-open its doors in Guyana after being ...

(OFFSHORE/ www.offshore-mag.com ) EDINBURGH, UK – Wood Mackenzie has detailed its thoughts on Snoek, ExxonMobil’s third oil discovery on Guyana’s deepwater Stabroek block. The Snoek-1 well was drilled to a depth of 5,175 m (16,978 ft) in 1,563 m (5,128 ft) of water. It encountered 25 m (82 ft) of oil-bearing sandstones of Maastrichtian-Aptian age, similar to the Liza-1 discovery ...

by Clifton Ross West Indies Captain Jason Holder said making the final cut for the ICC 2019 World Cup is his team’s main focus heading into the upcoming One Day International (ODI) home series against Pakistan which bowls off this Friday at the Providence National Stadium, Guyana. Holder and his men, along with their Pakistani opponents, arrived in Guyana at ...

Workers of the Georgetown City Council and the Guyana Labour Union (GLU) on Monday picketed the headquarters of the Guyana Labour Union (GLU), calling on its General Secretary, Carville Duncan to step down. “Let him go! Let somebody else take over the union and let the people get justice,” Field Officer, Urma Glen told Demerara Waves Online News outside the ...

Prime Minister Moses Nagamootoo on Monday said he would not be ceding responsibility for constitutional reform to anyone else if the opposition People’s Progressive Party (PPP) refuses to meet with him to discuss the process. The PPP had in the past expressed reluctance to take Nagamootoo’s offer of a national unity government. He is a former executive of that party ...

Fire fighters early Monday morning averted what could have been a major fire at the bond of Ansa McAl, located at Beterverwagting, East Coast Demerara. Fire Chief, Marlon Gentle said fire fighters received the call at about 6:40 AM from MMC Security Service and were able to contain the blaze to a section of the bond located in the same ...

Attorney General, Basil Williams is very reluctant to apologise to Justice Franklin Holder, according to well-placed sources. But former House Speaker, Senior Counsel Ralph Ramkarran says the Court can still take action against the government’s principal legal adviser. Sources close to the Attorney General say he believes if Justice Holder thought he was contemptuous , then he should have cited ...

The Ministry of Public Telecommunications announces the 100 percent merger of the National Data Management Authority (NDMA) and the eGovernment Project Execution Unit. The reconstituted entity, with immediate effect, will be referred to as the National Data Management Authority (NDMA). “The NDMA’s most critical objectives are to modernise Government and Public services to vastly improve their efficiencies, and ensure that ...

A fire at Middle Road, La Penitence, Georgetown destroyed one house and left a couple homeless while raising suspicions about the cause of the blaze. Demerara Waves Online News was told Colin Clarke was nearby on his way home from a weeding job when he saw the fire and thought that his neighbours were burning rubbish. After he eventually realised ...

A fishing boat was Saturday burnt at Number 66 Fish Port Complex, Corentyne and a man who sought to provide assistance drowned. Fire Chief, Marlon Gentle confirmed that the incident occurred around midday. The drowned man was identified as 42-year old Bhairo “Geer” Persaud. His body was discovered in the vicinity of the fire scene. Other sources said Persaud reportedly ...