Guyanese paying too much for energy – US expert

Experts are projecting that with the advent of the oil and gas sector, Guyana may face a situation where there is a high demand for energy and as a consequence, oil prices will rise. At the same time, they have expressed concern over the higher than usual price being paid by consumers. This observation was made by a representative of the Global Green Growth Institute (GGGI), Carol Litwin. Litwin was speaking at a workshop held at the Pegasus Hotel where energy experts were able to provide an analysis based on…

Read More

Guyana Stores ordered to pay over G$3B in outstanding Corporation Tax

…after CCJ rules in favour of GRA The Guyana Stores Limited (GSL) has lost its appeal in a matter involving the payment of corporation tax to the Guyana Revenue Authority, which it had taken before the Caribbean Court of Justice (CCJ) to determine whether a two percent minimum corporation tax was unconstitutional and amounted to the taking away of private property. On Monday, the CCJ dismissed the GSL appeal and awarded cost to the GRA as respondents. The matter arose in 2012 when the GSL refused to pay more than…

Read More

Guyanese should also seek to invest in oil companies

Dear Editor, Firstly, let me say that I am an investor (not a major investor) in CGX Energy which is searching for oil in Guyana. We already know that Guyana has oil from seven successful wells drilled by ExxonMobil. Should CGX Energy discover oil in Guyana then its shares (may) go up which I hope to capitalise on. That is (my) belief. The question is, are Guyanese prepared to capitalise on newly discovered oil? If not, why not? I understand that investing from Guyana may be an issue. But I…

Read More

‘I advised my son to stay out of trouble’

– father of dead Berbice bandit The father of one of the two bandits fatally shot by Police in Berbice last Friday morning said he warned his son about his criminal lifestyle and advised him to desist from wrongdoing. Mansaran Sham told Guyana Times International that he warned his son on several occasions, recalling the last time he saw his son was three months ago. During their last meeting, he advised his son to stay out of trouble. “Normally me and he does gaff and ah does tell him, ‘don’t…

Read More

Govt moving to beef up security in border communities with Venezuela; more CPGs to be formed

The Government of Guyana is putting systems in place to beef up security in communities that are located close to the border with neighbouring Venezuela by forming more Community Policing Groups (CPGs). Based on reports of an increasing number of Venezuelan nationals crossing Guyana borders and given the potential threat Guyana faces due to major oil discovery, there are plans to have more heightened security in those areas. Public Security Minister Khemraj Ramjattan said the first step to be taken is to assist law enforcement officials by forming new policing…

Read More

Police could soon be stripped of gun licensing power – Ramjattan

Given the recent controversy surrounding outgoing Police Chief Seelall Persaud issuing himself a gun licence, the Government is now actively reviewing the current regulations governing the issuance of these licences. Public Security Minister Khemraj Ramjattan told the media at a press conference on Monday that serious consideration was being given to the matter, but said certain steps would have to be followed first. “We are giving that serious consideration as we speak. It has been a situational problematic that have caused of recent times.” Ramjattan said, “I had really thought…

Read More

“I’m so humiliated”

…teen breaks silence on sexual assault at Ogle The 17-year-old girl who was reportedly sexually assaulted during a strip search by a female Police Officer at the Eugene F Correia Airport on February 25, 2018 has finally broken her silence on the matter. During a phone interview on Tuesday with Guyana Times International, the teenager, who is currently in Barbados, said even though she was assaulted by the rank, no official from the Government or the Guyana Police Force has contacted her or any family members to hear her side…

Read More

Crying convict gets 9 years for sexually assaulting 7-yr-old girl

One day after showing intense emotion after being found guilty, Troy Jackson was on Wednesday sentenced to nine years’ imprisonment by Sexual Offences Court Judge Simone Morris-Ramlall. A 12-member jury, by 10-2, determined that Jackson was indeed the perpetrator of an indecent assault that occurred on October 20, 2016 in the county of Demerara. The charge detailed that Jackson placed his penis against the seven-year-old female victim’s genitals. In an impact statement read out by ChildLink Counsellor Celeste Mullin, the young victim stated that she was upset over what the…

Read More

GDF to benefit from disaster response expertise of Mexican Army

With an already strong defence cooperation programme with several bilateral partners, the Guyana Defence Force (GDF) is now set to benefit from the expertise of the Mexican Army in the area of disaster response and management. This was confirmed Wednesday when President David Granger met with Mexico’s Ambassador to Guyana, Ivan Robero Sierra Medel. The meeting was held at State House. The Ambassador said that the move to strengthen military-to-military relations between the two countries came out of discussions at the Caricom-Mexico Summit, which was held in Belize in October…

Read More

First Math Olympiad sees robust competition

Students from Grades Six and Nine, from several schools in Region Four on Sunday afternoon, tested their knowledge of Mathematics as they competed in the inaugural Math Olympiad created by the Brain Central (BC), an online educational portal. According to the Department of Public Information (DPI), the two-day (February 3-4) collaborative initiative between BC and Scotiabank saw 45 students, going online and simultaneously take two (2) timed quizzes, consisting of 40 questions set to be completed within 50 minutes. Lance Hinds, Chief Executive Officer (CEO), BC, was quoted by DPI…

Read More