News

The Bank of Guyana on Thursday announced that it has temporarily stopped buying Barbados, and Trinidad and Tobago dollars from cambios as part of efforts to stem increased demand for United States (US) dollars. He said there was evidence shows that persons have been coming from Barbados, and Trinidad and Tobago to buy American dollars, resulting in a decision by ...

The Guyana National Newspapers Limited (GNNL) on Thursday announced that it has fired its Sunday Editor, Neil Marks because of alleged dereliction of duty. Marks declined to comment, when contacted by Demerara Waves Online News. In a statement, the entity said it regretted the decision but the “Management as guided by the Board of Directors found it necessary in order ...

Finance Minister, Winston Jordan says the Guyana Revenue Authority (GRA) will only withhold earnings from persons’ bank accounts to pay income taxes owed if the court grants an order. Acknowledging that no details about the plan were provided in his budget speech, he explained that the provisions of the Value Added Tax (VAT) Act would be extended to the Income ...

Opposition MP Pauline Sukhai is calling for the David Granger administration to clearly show how much money has been budgeted for youth development in 2017. “After deceiving youths into believing they were the focal point of the elections campaign,” Sukhai told the National Assembly during her budget presentation this morning. “They convinced them they would be the complementary force for ...

Minister of Education Dr. Rupert Roopnaraine on Thursday denied that he ever benefitted personally from cash or other donations that had passed through a company that had been established to develop D’urban Park for Guyana’s 50th Independence Anniversary. “In over forty years of political activism, striving to achieve a better Guyana, I have never hidden behind anyone. In over forty ...

Guyana’s rice is no longer purchased by the Venezuelan government, but private buyers in Guyana’s spanish-speaking neighbour have purchased thousands of tonnes of rice directly from Guyanese millers. Agriculture Minister Noel Holder confirmed this yesterday to Demerara Waves Online. “It is not government to government but private to private,” Minister Holder explained noting that the arrangement sees buyers coming from ...

Minister in the Natural Resources Ministry, Simona Broomes is confident budget 2017 will benefit the mining sector, but the Guyana Gold and Diamond Miners Association as well as the Guyana Women Miners Organisation feel differently. A number of groups have come out in opposition of the proposed 2017 budget including the private sector commission. Broomes, a former head of the ...

Plans are moving apace to begin mapping Guyana for 40 minerals and conduct a detailed on-the-ground assessment and inventory at all mining districts, Junior Minister of Natural Resources Simona Broomes said Wednesday. She announced that GYD$2 billion have been set aside in the 2017 National Budget to begin the mapping exercise by the Geological Surveys Department of the Guyana Geology ...

Government will be accommodating women working in the mining districts in hotels instead of the shanty structures known as ‘kaimoos’, Junior Minister of Natural Resources Simona Broomes announced on Wednesday. “The word ‘kaimoo’ will be a word of the past. We inherited a government who had women in kaimoo. Let me put you on notice. We will have them in ...

Guyanese fire fighters in Lethem on Wednesday went into action in northern Brazil, extinguishing a blaze and preventing it from spreading to neighbouring buildings. “The auxiliary in Lethem received a call for help from the Bon Fim area because there is no fire service there,” Fire Chief, Marlon Gentle told Demerara Waves Online News.  He said one building was damaged ...