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Demerara Timbers’ workers to be re-instated, safety defect fixed

Demerara Timbers Limited said it has corrected a safety defect to its sawmill and will soon resume operations and reinstate the over 40 workers it was forced to temporarily layoff, the Ministry of Natural Resources said Monday night in a statement This was communicated to officials of the Guyana Forestry Commission (GFC) when they met with DTL personnel on Monday. Changes ...

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Massive countrywide drugs shortage hits GPHC, other govt-run health facilities

A serious drug shortage has hit Guyana’s public health sector countrywide because of insufficient funds at the Georgetown Public Hospital Corporation (GPHC) and the incapability of the 10 administrative regions to buy their own supplies after the 2015 National Budget was passed in August last year. This was told Monday to the National Assembly’s Public Accounts Committee (PAC) by top ...

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GAWU wants study on Wales Estate, as Guysuco crafts new business venture

The Guyana Agricultural and General Workers Union (GAWU) and the National Association of Agricultural and Commercial Industrial Employees (NAACIE) want a Social and Economic Impact study to be conducted on the importance of the Wales Sugar Estate. GAWU President, Komal Chand’s call comes even as the Guyana Sugar Corporation (Guysuco) is considering bringing a non-sugar venture at that West Bank ...

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Million dollar excavator burnt at RUSAL’s Upper Berbice operations

Investigations are continuing into a fire that destroyed a multi-million Guyana dollar excavator at RUSAL’s mining operations at Kurubuku last week, sources said. So far the probe has revealed that the fuel line leaked, resulting in the flammable substance coming into contact with the engine. No one was injured during the blaze that occurred at about 11 AM on January 21, ...

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GTUC, GAWU demand broad-based consultations on Wales Estate closure

The Guyana Trades Union Congress Sunday called on government to stop giving lip-service to social cohesion and the constitutional right to participatory decision-making and instead hold wide-ranging consultations with sugar workers and the community of Wales about plans to close the sugar estate there. “Consistent with Article 13 there cannot be a plan for any community without the involvement of ...

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Banks DIH defends sale of shares in Banks Barbados

The Chairman of the Board of Directors of Banks DIH Limited, Clifford Reis Saturday evening defended the sale of the company’s shares in Banks Holdings Barbados to SLU Beverages, a subsidiary of Brazil’s Ambev, saying it was a wise business decision. One of the written questions posed at the company’s 60th Annual General Meeting held at Thirst Park was why ...

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Estimates for Guyana Goldfields Inc. lowered by Clarus Securities

Investment analysts at Clarus Securities reduced their FY2016 earnings estimates for shares of Guyana Goldfields in a research report issued to clients and investors on Tuesday, according to Zacks Investment Research. Clarus Securities analyst J. Spratt now expects that the firm will post earnings of $0.26 per share for the year, down from their previous estimate of $0.31. Several other ...

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Euronews expands its reach in the Caribbean with Digicel Play

Euronews has announced it will be extending its reach in the Caribbean thanks to a deal with Digicel Play in Jamaica and Trinidad & Tobago. Euronews’ English service will be fully available for the first time in Jamaica thanks to Digicel Play and will extend its distribution in Trinidad& Tobago thanks to Digicel. Euronews is currently broadcast to 722,000 households in the ...

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TRACE extends Caribbean presence in new distribution agreement with Digicel in Jamaica and Trinidad and Tobago

Urban entertainment and global media group, TRACE, has inked an agreement with total communications and entertainment provider, Digicel, making TRACE Urban, the first international urban music channel, and TRACE Sport Stars, the world’s premier sport celebrity channel available on Digicel Play, its fibre TV service in Jamaica and Trinidad & Tobago. In a statement issued by Digicel, the company says ...

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