News

Finance Minister, Winston Jordan has warned that government would take stern action against a small number of players who are responsible for instability in Guyana’s foreign exchange market, even as he sought to allay fears of a foreign exchange shortage. “We will continue to use moral suasion to return the market to stability. But the Government stands ready to act ...

Police say they are investigating the circumstances surrounding the death of Rawle Rodrigues, 43 years, a mason of Leopold Street, Werk-en-Rust, Georgetown.  The incident occurred about 9:30 Friday night on Croal Street, in the vicinity of Demico House.  Police said enquiries disclosed that Rawle Rodrigues and two males had an altercation, when he was allegedly stabbed once to his chest ...

A man, who recently completed a four-year jail term for cocaine trafficking, is back in custody for allegedly attempting to ship cocaine to Canada in baking powder bags and Banko wine bottles. He is 63 years old. Head of the Customs Anti-Narcotics Unit, James Singh said anti-drug agents intercepted a box containing total of 9 kilos in Baking / Custard powder ...

Chairmen of the seven People’s Progressive Party Civic (PPPC)-controlled administrative regions on Friday boycotted the launch of National Regional Development Consultative Committee (NRDCC), a move that angered government. Three mayors from the predominantly PPP towns also did not attend the inaugural NRDCC meeting that was held at the Marriott Hotel. The PPP said the Regional Chairmen, Vice Chairmen, Mayors and ...

Opposition Leader, Bharrat Jagdeo Friday said he would possibly hold another round of consultations to arrive at a new list of six nominees for the chairmanship of the Guyana Elections Commission (GECOM), but much depends on the outcome of a planned meeting with Attorney General, Basil Williams. “After that meeting should I have to submit a new list, I would ...

GUYSUCO’s top officials came before the National Assembly’s Economic Services Committee (ESC) where the state-owned sugar company’s chief executive, Errol Hanoman, painted a gloom image of diversification using sugar cane, once cane production remains high and once the company’s structure continues as present. Hanoman said such measures would be uncompetitive. He added if the company were to invest in converting ...

Omar Shariff has been fired from the post of Permanent Secretary of the Ministry of the Presidency. The ministry said his services have been terminated with effect December 31, 2016. The subject of a probe into alleged financial crimes by the Special Organised Crime Unit (SOCU) , Shariff has denied such allegations but has conceded that he has unsettled tax ...

Two Indian companies – one  an alloy steel casting manufacturer for sugar factories and another specialised in sugar production- as well as a United States (US)-based company owned by a Guyana-born American freight forwarder are interested in investing in the ailing Guyana Sugar Corporation (GuySuco), even as government said Thursday it was becoming impatient waiting on proposals from the opposition ...

Guyana has decided to begin examining the feasibility of establishing an oil refinery, as several local and foreign companies continue to express an interest in setting up such a facility here in response to increasing oil finds offshore. Minister of Natural Resources, Raphael Trotman said consultant, Pedro Haas has been hired through the New Producers Group of the Royal Institute ...

While charges have been dropped against reputed wife of convicted drug dealer Barry Dataram, Anjanie Boodnarine, Dataram will have to pay a $60,000 fine and service a concurrent prison sentence of 3 years. The ruling was handed down today by city magistrate, Judy Latchman. Dataram is already serving a 60 months prison sentence for narcotics possession, for which the fresh ...