Author: TIMES INT'L

The mother of three who reportedly stabbed her reputed husband to death at Plaisance, East Coast Demerara (ECD), was on Wednesday, slapped with a murder charge. Melissa Playter appeared before Magistrate Alisha George at the Sparendaam Magistrate’s Court on Wednesday. It is alleged that Playter killed Victor Roberts on December 2, 2018 at Lot 41 Prince William Street, Plaisance. The unrepresented woman was remanded to prison and the case would continue on January 17, 2019. Reports are that the 38-year-old man was reportedly stabbed to the chest by his reputed…

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President David Granger on Tuesday morning left Guyana, accompanied by his wife, Sandra Granger, for his second round of chemotherapy in Cuba. Prior to his departure at the Cheddi Jagan International Airport (CJIA), the President said that the Centro de Investigaciones Médico Quirúrgicas (CIMEQ) has drafted a schedule of treatment, which will run until May 2019. “In my first visit, I had not only the biopsy but a series of tests and examinations and I also had my first cycle of chemotherapy. I now have to return for succeeding five…

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On the heels of calls by former Attorney General Anil Nandlall to have Government’s sale of its shares in Guyana Stockfeeds Inc (GSI) to Robert Badal investigated by Police, Finance Minister Winston Jordan has confirmed the shares were sold below market value. The shares were sold at $25 each in a deal passed through the National Industrial and Commercial Investments Limited (NICIL). Minister Jordan told a section of the media on Tuesday that his Government opted to sell off the shares since it was not receiving profits from GSI. The…

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Minister of State, Joseph Harmon on Saturday evening assured the Private Sector that the Government would continue its efforts to create an enabling environment for businesses to grow and thrive. Speaking at Gaico Construction and General Services Incorporated’s Annual Christmas Dinner and Staff Award ceremony, held at the Pegasus Hotel, Minister Harmon said when businesses grow and thrive, the Guyanese citizenry benefits. “I have leaned on Gaico heavily to provide employment and they have risen to the challenge. Mr Komal Singh has big plans for his company and as a…

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– 979 foreigners allowed to stay on extensions, work permits – Felix By Shemuel Fanfair It was another afternoon of heckling as the 2019 Budget debates continued on Tuesday when Opposition Members of Parliament called on Citizenship Minister Winston Felix to provide numbers on the amount of foreign nationals allowed to remain legally in Guyana. In his presentation to the National Assembly, Felix told members that 298 foreign nationals were registered by the Citizenship Department and granted citizenship, which suggested that more non-nationals are securing the path to attain equal…

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With the recent announcement that the Bank of Nova Scotia (Scotiabank) plans to sell out its operations in Guyana and in eight other Caribbean countries, there have been several rigorous debates about what this could mean for the country’s local financial sector. Washington DC-based Financial Analyst Sasenarine Singh said there is a possibility that if Republic Bank does acquire Scotiabank, it could lead to staff at the latter becoming jobless, and it would indeed have negative implications for the local financial sector. Singh told Guyana Times International on Tuesday that…

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The sale of Scotiabank’s operations in Guyana to Republic Bank should not be allowed, according to former Presidential Advisor, economist Ramon Gaskin. Gaskin believes that the sale to Republic Bank would only allow that banking institution to dominate the local banking sector in Guyana, which could be unhealthy for the financial sector. The Trinidad-based Republic Financial Holdings Limited (RFHL) said it had entered into an agreement to acquire Scotiabank’s banking operations in nine Caribbean countries. It said banks being acquired were located in Guyana, St Maarten, Anguilla, Antigua and Barbuda,…

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