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Tag Archives: Guyana

Drought affecting agri sector

The drought has begun battering Guyana’s agriculture sector, forcing authorities to begin pumping water into the drying up conservancies. Briefing a high-level multi-sectoral meeting on the El Nino situation, Agriculture Minister Noel Holder said efforts would be made to pump water to support agricultural areas but also explore ways in which water can be retained in a controlled manner for ...

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Republic Financial Holdings Limited Records US$48.2 Million Profit

The Trinidad-headquartered Republic Financial Holdings Limited (RFHL) has recorded a profit attributable to shareholders of US$48.2 million, for the quarter ending December 31, 2015, the company said in a statement. This represents an increase of 3.1% over the corresponding period in 2014. Total assets of RFHL stood at US$10.3 billion at December 31, 2015, which, when compared with that of December ...

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Policeman accused of raping 14-year old girl

A police constable has been charged with raping a 14-year old girl at a city hotel. Twenty-five year old Ganesh Rajcoomar of Grove, East Bank Demerara was Wednesday granted GYD$20,000 bail by Chief Magistrate, Ann Mc Lennan. He has to return to court on February 24, 2016.   The Court was told that in October 2015, he sexually penetrated a 14-year ...

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Winston Brassington quits NICIL

Winston Brassington has given up his job as Head of the National Industrial and Commercial Investments Limited (NICIL), according to a Finance Ministry spokeswoman. She said Brassington’s contract expired on December 31, 2015 and he formally indicated that he would not be renewing it. That disclosure came hours after Demerara Waves Online News first reported that as of 20th January, ...

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Guyana’s perceived corruption worsens; local watchdog says it was avoidable

Guyana this year slipped five points in Transparency International’s (TI) Corruption Perception Index (CPI), putting it at 119 out of 168 countries and 29 for this year’s score in the area of public sector corruption. President of Transparency Institute of Guyana Inc. (TIGI), Reverend Compton Meerabux said yet another poor showing on the rankings by the Germany-headquartered TI could have ...

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Bank of Baroda robbers remanded to prison

 Three men were Wednesday arraigned for a GYD$2 million robbery committed on the Bank of Baroda’s Mon Repos branch, East Coast Demerara. They are 34-year old Sean Anthony ‘Rattie” Aaron of ‎ ‎317 North East La Penitence, 28-year-old Kennard Jabbar of 88 Freeman Street, and graphic artist 39-year old Eon Campbell.  They were not required to plea to the indictable charge ...

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Budget 2016: Jagdeo wants “huge” salary increases for public servants

Opposition Leader Bharrat Jagdeo has huge expectations of the APNU+AFC administration relative to the 2016 Budget slated for presentation on Friday January 29. Jagdeo at a press conference on Wednesday read out some of his expectations on what he hopes to see as part of the 2016 Budget. Those include salary increases and tax reductions. He said that there should ...

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Robert Persaud registers company in Florida

Former Minister of Natural Resources and the Environment, Robert Persaud and his wife have set up a company in Florida to “conduct any and all lawful business.” According to incorporation records seen by Demerara Waves Online News, registration for I-Power Services Inc. was filed on February 10, 2015, three months before the May 11, 2015 general and regional elections. Since ...

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Police suspect hit and run in discovery of dismembered Mahaicony body

The dismembered body of a 41-year-old Mahaicony resident Curt Burke was discovered was discovered on in a clump of bushes this morning, and police suspect the man might have been a victim of a hit and run. Reports indicate that Burke’s head and limbs were found dismembered from his body. Police stated that investigations are ongoing and they suspect that ...

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Nascimentos’ maid jailed for stealing diamond earrings

The maid. of Christopher ‘Kit’ Nascimento and his wife, ‎Gem Madhoo-Nascimento, was Wednesday jailed for 18 months for stealing her employer’s diamond earrings.  Thirty-six year old Shawndell Williams of ‎ 59 Russell Street, Charlestown, Georgetown pleaded guilty to the charge when it was read to her by Chief Magistrate Ann Mc Lennnan. Madhoo-Nascimento identified the property as hers and they were ...

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