Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Colvin Heath-London
Colvin Heath-London

Gov’t sacks Colvin Heath-London

The Guyana Government yesterday terminated with immediate effect the services of Colvin Heath-London, head of NICIL’s Special Purpose Unit (SPU) which had controversially presided over the disposal of assets of the sugar industry.  

Demerara Bank Limited Chairman and founder Dr. Yesu Persaud (centre) with Chief Executive Officer of DBL, Pravinchandra Dave (second from left), IDB country representative Sophie Makonnen (second from right) and others (Photo by Orlando Charles)
Demerara Bank Limited Chairman and founder Dr. Yesu Persaud (centre) with Chief Executive Officer of DBL, Pravinchandra Dave (second from left), IDB country representative Sophie Makonnen (second from right) and others (Photo by Orlando Charles)

Demerara Bank clinches US$7M trade finance deal with IDB

Demerara Bank Limited (DBL) yesterday joined the Trade Finance Facilitation Programme (TFFP) of the Inter-American Develop-ment Bank (IDB) and will now have access to a US$7 million line of credit with which it can provide financing to a host of sectors, including the oil and gas industry and small businesses.

The Iwokrama Centre says the burnt trees are evidence of preparation for mining activity in the protected forest (Iwokrama International Centre photo)
The Iwokrama Centre says the burnt trees are evidence of preparation for mining activity in the protected forest (Iwokrama International Centre photo)

Iwokrama team shot at after finding preparations for illegal mining

Saying that a monitoring team recently came under gunfire from miners, the Iwokrama International Centre for Rain Forest Conservation and Development yesterday announced a reward for information that leads to the arrest and successful prosecution of persons engaged in illegal activities in the protected forest, while warning that perpetrators will face the full force of the law.

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