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Tag Archives: Guyana

Estimates for Guyana Goldfields Inc. lowered by Clarus Securities

Investment analysts at Clarus Securities reduced their FY2016 earnings estimates for shares of Guyana Goldfields in a research report issued to clients and investors on Tuesday, according to Zacks Investment Research. Clarus Securities analyst J. Spratt now expects that the firm will post earnings of $0.26 per share for the year, down from their previous estimate of $0.31. Several other ...

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Euronews expands its reach in the Caribbean with Digicel Play

Euronews has announced it will be extending its reach in the Caribbean thanks to a deal with Digicel Play in Jamaica and Trinidad & Tobago. Euronews’ English service will be fully available for the first time in Jamaica thanks to Digicel Play and will extend its distribution in Trinidad& Tobago thanks to Digicel. Euronews is currently broadcast to 722,000 households in the ...

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CANU says wrongfully named in gold seizure, detention of NY-bound passenger

The Customs Anti Narcotics Unit (CANU) Friday night refuted claims in a High Court action filed by an outgoing Guyanese passenger to New York that its agents seized jewellery and detained him for four hours resulting in him missing his flight. CANU Head, James Singh said none of his anti-drug agents was involved in the seizure of jewellery from Richard ...

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State-owned steel-pan not tuned to transparency, says anti-corruption watchdog

The Transparency Institute of Guyana (TIGI) Friday railed against the Ministry of Education’s Department of Culture, Youth and Sport for failing to address a complaint that the State-owned steel pans were being allegedly misused by staff. “TIGI, as an organization committed to eradicating corruption in Guyana, is appalled and disappointed at the sloth demonstrated in investigating and reporting on such ...

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GTT confirms offering “voluntary retirement” package

The Guyana Telephone and Telegraph (GTT) appeared set to go ahead with offering a voluntary retirement package of a 100 percent payout of pension contributions to employees who are 55 years old and have served the company for at least 10 years. In a statement issued by the telecoms provider, no mention was made of giving into the demand by ...

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SWAT team member charged with illegal possession of guns, ammo

A member of the Guyana Police Force’s Special Weapons and Tactics (SWAT) Team was Friday arraigned on a charge of illegal possession of guns and ammunition. Quacy Sampson pleaded not guilty to the charge after it was read to him by Chief Magistrate Ann Mc Lennan. The charge against the 35-year old man of Kitty, Georgetown is that on December ...

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Bank of Baroda robbed

The Mon Repos branch of the Bank of Baroda was Friday afternoon robbed by three masked men armed with a handgun, Head of the Criminal Investigations Department, Senior Superintendent Wendell Blanhum said. The five-minute incident occurred at about 12:50 PM. He said the RK Security Guard, who was on duty at the time, was relieved of her .32 service firearm. Police ...

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GRA’s Sattaur denies disclosure of tax info, possession of data; says was assisting an embassy with internal probe

Outgoing Chairman of the Guyana Revenue Authority (GRA), Kurshid Sattaur Friday denied that he disclosed taxpayer information in breach of the code of conduct and that he had a safe containing taxpayer data at his home. Reacting to claims by GRA Chairman, Rawle Lucas earlier in the day, he emphasised that he never revealed taxpayer information to anyone. “Those are ...

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GRA’s Sattaur fired because he disclosed taxpayer’s info, had data safe at home- Lucas

The Chairman of the Guyana Revenue Authority (GRA), Rawle Lucas says outgoing Commissioner General, Kurshid Sattaur was fired because he breached taxpayer confidentiality ahead of last year’s general elections. But Sattaur Friday denied revealing taxpayer data, saying that he had been cooperating with an Ambassador concerning alleged improprieties by an embassy staff. “Mr. Lucas has misrepresented significantly what I said to ...

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Domestic violence: ‘Our menfolk are going berserk’ – Chancellor

Acting Chancellor of the Judiciary Carl Singh has registered his outrage at the continuing trends in reported domestic violence cases in Guyana and says that these matters need urgent attention. Singh was at the time speaking at the opening ceremony of a seminar on domestic violence that targeting members of the legal fraternity at the Guyana Marriott on Friday. According ...

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