-`consideration for the transaction was stated to be in Guyana dollars’
Banks DIH Limited (BDIH) has defended its $5.5b repurchase of its shares from a Barbados company saying that the amount paid was based on a 2015 valuation conducted by PricewaterhouseCoopers (PwC).
Former President Bharrat Jagdeo yesterday called on the government to keep a close watch on the East Demerara Water Conservancy (EDWC) following yesterday’s heavy rain.
Heavy flooding in East Berbice yesterday, which some residents feel was exacerbated by a broken dam, put a damper on the Christmas spirit, leaving many residents confined to their homes.
Three days after he accused the two union groupings in the country, the TUC and FITUG, of “virtual impotence”, Minister in the Ministry of Social Protection, Keith Scott has apologised for the remark.
Floodwaters, the result of persistent overnight rainfall coupled with a spring tide began to recede from affected communities on the West Coast Berbice late yesterday afternoon.
‘The police are now treating Thursday’s attack during which two armed bandits stormed the Diamond Fire Station as an attempted robbery since they say no valuables were stolen from the victims during the incident.
The Opposition People’s Progressive Party/Civic (PPP/C) sees President David Granger’s request for the curricula vitae (CV) of the six nominees for the Guyana Elections Commission (GECOM) as fair but says they [nominees] are well-known.
A Wismar, Linden resident was yesterday refused bail on a charge of trafficking in cannabis and being in possession of an unlicensed firearm when he appeared before a city court.
Minister of State, Joseph Harmon today said that while Georgetown and other parts of the country are currently experiencing flooding due to excessive rainfall coupled with the spring tide, the Government is taking every step to ensure that there is minimum loss or damage to property, a release from the Ministry of the Presidency said.
Workers of the decades-old Wales Sugar Estate, West Bank Demerara and their families cried early Sunday morning when they heard the sounding of the horn that signalled the closing of the estate.
The police have arrested a man suspected to have driven the two bandits who stormed the Diamond Fire Station yesterday and held five firemen at gunpoint before escaping with over $100,000 and a phone.
With virtually 80% of the Guyana Revenue Authority ‘s (GRA) VAT resources being spent verifying refunds, the movement from zero-rated to exempt items will allow more focus on enforcement and compliance according to Commissioner General Godfrey Statia.
President David Granger yesterday said that he has asked Opposition Leader, Bharrat Jagdeo to provide the curricula vitae for the six persons he has nominated for Chairman of the Guyana Elections Com-mission (GECOM), according to a release from the Ministry of the Presidency.
Minister of State Joseph Harmon has assumed responsibility for the National Parks Commission while the Guyana Forestry Com-mission (GFC) remains under the purview of the Ministry of Natural Resources.