Year: 2019

Approximately three weeks after a 12-member High Court jury found him guilty of manslaughter, 22-year-old Jonathan Budhan of Vreed-en-Hoop, West Coast Demerara (WCD), was on Monday slapped with a 25-year jail sentence. The man was accused of killing 40-year-old Deonarine Manbodh in October of 2016. The sentence was handed down to Budhan, who was very emotional when given the opportunity to speak. The convict, in tears, apologised to the family members of the deceased who were present in court. He also informed the court that he regrets his actions and…

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– as company optimistic of 4 billion barrels of oil in block The Stena Forth oil exploration drillship has left West Africa en route to Guyana where it will spud the Jethro Lobe prospect offshore the English-speaking South American nation by the end of June, Eco Atlantic Oil and Gas announced on Monday. This is according to the company in a release. According to the company, the Stena Forth drillship is expected to reach Eco’s Orinduik Block on or around June 24, 2019. The ship is being mobilised for Eco…

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The Republic of Ghana has committed to lending assistance to Guyana as the country prepares for first oil early next year – an offer which the Coalition government and the Opposition both welcomes. This commitment was made by President Nana Akufo-Addo, who is on a two-day visit, first, during a meeting with President David Granger and then again at a luncheon at State House on Tuesday. “We’ve heard the good news too of the recent discoveries of large deposits of oil and gas offshore Guyana. We should explore promptly the…

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The Guyana Sugar Corporation (GuySuCo) is blaming the National Industrial and Commercial Investments Limited/Special Purpose Unit ((NICIL/SPU) for the current troubles with the divestment process, saying that the Unit has left it in the dark about the sales of its own assets. In a strongly-worded statement in which it accused the SPU of unprofessionalism, GuySuCo criticised NICIL’s approach to the divestment. According to GuySuCo, NICIL has been slothful and because of this, has not executed any major investments with the process approaching its second year. “NICIL/SPU’s single role was to…

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By Brandon Corlette One wish that every Canje resident has is the reopening of the Rose Hall Sugar Estate. Guyana Times International visited the Canje area, where feedback was given about the negative impact the Sugar Estate’s closure has had on the residents. A first glance at the entire Canje area will give you the impression that it is an official ‘ghost town’. During a visit on Monday to the Ancient County, this publication spoke with a number of sacked sugar workers, business personnel and other civilians, including the young…

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The price of basic foodstuff including milk, fish and eggs, have steadily increased over the past year, with the price for at least one category of products increasing by as much as 10 per cent. This is according to the Bank of Guyana (BoG) 2018 Annual report. According to the report, the price for a domestic basket of food (variation of an economic term that tracks inflation in consumer products) increased by 3.0 per cent. According to the report, this is a reflection of increases in the price of fruits…

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AFC official Sherod Duncan has been described by workers of the Guyana Chronicle newspaper as a “bully” in a petition which was on Monday submitted to President David Granger. The petition is calling on the Head of State to overturn a decision made by Prime Minister Moses Nagamootoo to reinstate Duncan as the General Manager of the entity, even after he was validly dismissed by a Board of Directors in light of several breaches of financial regulations. With some 20 signatures from workers of the editorial and accounts department, the…

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