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Business

Political uncertainty still major bugbear – city’s Chamber of Commerce

The Georgetown Chamber of Commerce and Industry (GCCI) on Monday said Guyana was still gripped in political uncertainty over whether the Caribbean Court of Justice (CCJ) might rule that the no-confidence motion was validly passed and elections should have been held already. “What happens if the argument that the no-confidence motion was validly passed is upheld and you pass the ...

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Igloo ice cream outlet launched in Georgetown

by Gwen Evelyn GEORGETOWN, Guyana – March 13, 2019 — Local ice cream pioneer, Sterling Products Ltd. (SPL) has opened a new outlet to make its premium Igloo Ice Cream available to customers near Stabroek Market Square in the heart of Georgetown. The new outlet launched on March 1 is conveniently located on the upper story of the KFC fast-food ...

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The hot sauce lady who did not give up

by Gwen Evelyn GEORGETOWN, Guyana – March 19, 2019 — Not all problems have solutions, but thankfully some do. Think of this. You hurriedly prepare a meal and before you turn off the stove, you know it won’t make the grade. A vision of long faces around your dining table pops into your head. You have a problem—a big one. ...

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More than 100 residents draw mining land lottery

Mining lands were distributed to over 100 applicants at the first in a series of lotteries held on Friday in Georgetown. But the recipients must by April 22 submit proof of identity through a Taxpayer Identification Number (TIN) certificate, address and other relevant documents or forfeit their opportunity, officials declared. The Ministry of Natural Resources said the lottery is “part ...

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Several US-registered planes in Guyana grounded for records inspection

All privately-owned United States (US)-registered aircraft authorised to operate non-commercial flights in Guyana have been grounded to allow the Guyana Civil Aviation Authority (GCAA) inspectors to check their maintenance records, a top official said. GCAA Director General, Retired Lt. Col. Egbert Field told Demerara Waves Online News that five ‘N-Number’ planes were ordered to cease, temporarily, operations on Wednesday to ...

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BCGI-RUSAL strike ends, union-management relationship to be entrenched

A strike at Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc. (BCGI) ended on Tuesday with a decision to reinstate all 61 workers, and an assurance that the union’s role in representing all workers is fully entrenched. The 61 workers were dismissed last month after going on strike to protest a one-percent increase in salaries. Another 30 or more workers ...

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Democratic governance, “independent and active” civil society necessary – US envoy

United States Ambassador to Guyana, Sarah-Ann Lynch Tuesday night cited the need for democracy and an independent civil society to sustain private sector growth and development. “Together with sound, democratic governance and an independent and active civil society, the private sector here has the opportunity to thrive and Guyana has the opportunity to become one of the wealthiest countries in ...

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GBTI claims victim of “abuse of power” in SOCU probe

Hours after Chief Magistrate Ann McLennan threw out a contempt of court case against top executives of the Guyana Bank for Trade and Industry (GBTI), that financial institution said it was unnecessarily targeted. “While this unwarranted attack and abuse of power was not without severe and widespread consequences to the sterling institutional image and that of the personal reputation of ...

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Talks begin on building renewable energy power plant in Guyana

The Guyana government and a major Japanese solar energy company last week opened talks on constructing a renewable energy power plant in Guyana. Last Friday, a group of investors from the United States, Japan, Korea, the Malaysian Group, Smart City Clearing Corporation, and Capital Fund met with the Ministry of Public Infrastructure’s Chief Executive Officer of the Hinterland Electrification Company ...

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