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NCN appoints new CEO

Guyana’s state-owned radio and television broadcaster, National  Communications Network (NCN), on Friday announced the appointment of a new Chief Executive Officer. The company issued the following statement, saying that Lennox Cornette would assume duties. He previously worked at the Guyana Telephone and Telegraph Company and Conservation International. The statement reads: As part of its revitalising of the state-run National Communications ...

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Harmon explains presence aboard jet in China; announces new majority investor in Bai Shan Lin

  Minister of State, Joseph Harmon Thursday night explained his appearance in a photograph with Chinese company officials aboard a private jet in China, saying that several Chinese companies that intend to invest significantly in Guyana assisted with transportation. Harmon said his meeting with the Chinese companies’ representatives coincided with his visit to China on official government business in March, ...

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Statement by Minister of State, Hon. Joseph Harmon on request for delay of action against Bai Shan Lin by GRA

Following is a statement issued by Minister of State, Joseph Harmon on his intervention in the halting of the seizure of Baishan Lin’s vehicles by the Guyana Revenue Authority.   Over the past weeks, several reports in the media conveyed the erroneous impression that I had used my official Government position to interfere in the work of the Guyana Revenue ...

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Harmon denies earmarking of hangar to BK International; confirms board shelved earlier decision due to expansion

The Guyana government Thursday categorically denied that the Ministry of the Presidency had ordered the transfer of a government-owned hangar to BK International but confirmed that the new Board of Directors of the Cheddi Jagan International Airport (CJIA) shelved a previous decision to do so because of expansion works at the airport. “The new Board of Directors would have looked at ...

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GAWU, NAACIE claims GuySuCo planning to shutdown LBI operations fully

The Guyana Agricultural and General Workers Union (GAWU) and the National Association of Agricultural, Commercial and Industrial Employees (NAACIE) are claiming thatthe Guyana Sugar Corporation (GuySuCo) is planning to close the LBI sugar estate. This is the second sugar estate that would be closed under the APNU+AFC administration in 2016. According to a joint statement, the Unions met with the principals ...

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DDL, GRA settle billion dollar Consumption Tax dispute

Demerara Distillers Limited (DDL) on Tuesday (April 14, 2016) announced that an amicable settlement has been reached with the Guyana Revenue Authority (GRD) to resolve a long standing dispute over Consumption Tax that began in 2002. The company, in a statemenr, said the settlement follows an extended legal battle between DDL and GRA arising out of the Consumption Tax assessment levied against ...

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Tobacco Bill “draconian”- Demtoco

Demerara Tobacco Company (Demtoco) fears that if the Tobacco Bill becomes law in its current form, Guyana’s economy could be hurt severely and even employees in the industry could be blocked for several years from working with government. “A day will come when we will not be able to have this kind of conversation in this forum because  we will ...

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IPED hopes funding for creative industries will push copyright law

Despite the absence of modern copyright and intellectual property legislation, the Institute of Private Enterprise Development (IPED) is investing millions of dollars in the creative industries. Chief Executive Officer of that micro-financing institution, Ramesh Persaud said he is not too worried about the limited protection that rights-owners currently have, but instead his lending agency expects the cash-injection would trigger action ...

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Gov’t accused of ‘extorting’ donations from private sector

The APNU+AFC Administration has been accused of bullying the private sector to make donations to special projects and more specifically to make contributions to the 50th Anniversary Jubilee celebrations. Sources have reported to Demerara Waves that the administration is asking that businessmen donate as much as $5M to the Jubilee Festival expected to get into full swing in May. As ...

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Granger refuses to name campaign financiers; assures “it’s not dirty money”

President David Granger has refused to name financiers of the coalition’s 2015 general election campaign and the amounts they gave, saying that he does not want certain businesses to be victims of politically-inspired boycotts. He assured that the funds received were not proceeds of crime. “We have received money or the coalition, as several parties, did receive monies during the ...

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