The Governor of the Bank of Guyana, Dr. Gobin Ganga, has assured that there is no shortage of foreign currency to transact international business such as wire transfers, but there are fewer United States (US) notes circulating at cambios and commercial banks partly because the increasing number of foreign workers are buying up the bills. “There is an increase in ...
Read More »Tag Archives: Guyana
Tax disclosure waivers needed for Extractive Industries Transparency process
As Guyana prepares its first Extractive Industries Transparency Initiative (EITI) report on monies spent by 35 petroleum and mining companies and received by government, a UK-based firm that has been hired to match earnings and expenses says the companies will be asked to authorise the Guyana Revenue Authority (GRA) to release confidential tax information. Hired independent administrator for Guyana’s EITI ...
Read More »Carter Centre team meets GECOM, APNU delegation
The US-based Carter Center has dispatched a fact-finding mission to Guyana at a time when the Government, the Opposition and their election commissioners are at a stalemate over giving the go-ahead to prepare for general elections. Earlier Monday, the Carter Center mission met with the Chief Elections Officer, Keith Lowenfield, Chairman of the Guyana Elections Commission, James Patterson and the ...
Read More »Guyana says no more one-on-one oil concession deals, opts for competitive bidding
Guyana is moving full steam ahead to award more oil concessions, but this time it would be done through a competitive system instead of striking one-on-one deals, Head of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe announced Monday. “This is likely to be a bid round” Bynoe told a press conference he shared with British oil and ...
Read More »Attorney General asks Court of Appeal to keep President, Cabinet in office
Guyana’s Attorney General Basil Williams has asked the Court of Appeal to keep President David Granger and his Cabinet in office until a decision is reached on whether to overturn or uphold a High Court ruling that the no-confidence motion was validly passed. Chief Justice Roxane George-Wiltshire in January also refused an application by Williams for a stay of her ...
Read More »Wanted: Man who allegedly knifed Capoey excavator operator to death
Guyanese police on Monday issued a wanted bulletin for a prime suspect in the stabbing death of an excavator operator at Capoey Village, Essequibo Coast. Investigators want to question Carl “Ralph” Welcome Jnr. for the murder of of Shervin Melville between 16th and 17th December, 2018. Anyone with information that may lead to the arrest of Carl Welcome Jnr. C/D “Ralph” is asked to ...
Read More »OPINION: Those bomb scares
By GHK Lall There is a confirmed official report of a bomb scare was called into the University of Guyana last week. Last week Monday, it was shared that another of these troubling, definitely dangerous, scares was experienced at a city school. This is not good, whether at an educational institution where there are older, more mature, students or at ...
Read More »Education, ethnic impact statements can address race, ethnicity and wealth gaps
Two US-based political science professors have strongly recommended education and ethnic impact assessments to close wealth gaps among Guyana’s races, and constitutional reform to help Guyana resolve decades-old politically charged differences. However, former President Donald Ramotar of the People’s Progressive Party said Guyana has more of a class rather than a race problem and he instead accused the People’s National ...
Read More »Teleperformance rents six-storey building for corporate headquarters
The international call centre, Teleperformance, is about to occupy the long vacant six-storey building at Camp and Lamaha Streets, the owner Neil Sooklall said Saturday. He told Demerara Waves Online News that he understands that the corporate offices of the France-headquartered call centre would be occupying all the flats of the concrete building. Sooklall said Teleperformance has rented the building ...
Read More »GRDB asks Jamaica for info on seized rice; says no Cinderella rice shipped for 2019
The Guyana Rice Development Board (GRDB) says no Cinderella-branded rice has been shipped to Jamaica for the year and is surprised by reports that 70 metric tonnes of the Guyanese grain have been seized by authorities on that Caribbean island. GRDB Deputy General Manager, Allison Peters said rice shipments directly from Guyana to Jamaica usually take about seven to 10 ...
Read More »