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Business

Flood-hit Wakenaam residents demand compensation from river defence contractor

The managers of a mosque and at least 12 residents at Wakenaam Island want a river defence contractor to compensate them for damage and destruction caused by a flood due to poor quality works, officials said Sunday night. Chairman of the Neighbourhood Democratic Council at Wakenaam, Sheik Ahmad told Demerara Waves Online News that the Sea Defence Board, Region Three ...

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Govt orders contractor to fix Wakenaam river defence breach before next high tide; flood impact assessment promised

As residents and businesses in a section of Wakenaam grapple with the impact of severe flooding due to what they said was poor river defence work by a contractor, Minister of Public Infrastructure David Patterson has ordered the contractor to fix the breach before the next high tide. “I have spoken to the contractor regarding fortifying the area before the ...

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Parking meter contract back at Cabinet

The revised but still controversial parking meter contract is back with Cabinet which has decided to refer the document to a sub-committee, amid ongoing concerns by several sections of Georgetown, Minister of Communities Ronald Bulkan said Saturday. He said Cabinet on Tuesday- June 12, 2018- decided that a Cabinet sub-committee made of the ministries of communities, finance, legal affairs public ...

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Lethem road upgrade begins – underground drainage system included

The rehabilitation works on the Lethem, Upper Takutu-Upper Essequibo (Region Nine) road network have begun, government announced Saturday. The Department of Public Information said the project, which is being undertaken in two phases, will transform the township into an urban landscape and result in significant benefits to Lethem and Guyana as a whole. Hinterland Engineer, Jeffrey Walcott explained that the ...

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Integrity Commissions of Guyana, other Caribbean countries want corruption on CARICOM agenda

Guyana’s Integrity Commission is among several other similar bodies in the Caribbean that have called on the 15-nation Caribbean Community (CARICOM) to put  graft and corruption on their agenda and craft Commissioner harmonised legislation to tackle the scourge. The decision to urge Caribbean leaders to put the thorny issue on their agenda was taken at the just concluded meeting of ...

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First Bauxite gets US$10 million loan to develop Bonasika project

NEW ORLEANS, June 15, 2018 — First Bauxite Corporation on Friday announced that it has received a second bridge loan to the amount of US$10 million  to be used for the Bonasika Bauxite project located in Guyana. The loan, which was provided by with Resource Capital Fund VI L.P, would be used for the construction, mining and processing facilities at ...

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Jamaica’s High Court compels SportsMax parent to provide E-Networks with FIFA World Cup games

Jamaica’s Chief Justice, Justice B. Sykes has issued an injunction against the St. Lucia- based owners of regional sports broadcasting network SportsMax, International Media Content Ltd (IMC), preventing them from disconnecting a feed of FIFA World Cup to E-Networks. IMC had issued a cease and desist letter to E-Networks to prevent that entity from broadcasting the World Cup football matches ...

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BREAKING: High Court action to take back Guyana Public Service Credit Union from govt control

The High Court has been asked to remove a government-appointed management team of the Guyana Public Service Cooperative Credit Union (GPSCCU) that seized control of the financial institution last month on the grounds that it is illegal. In court papers obtained by Demerara Waves Online News, Patricia Went, in her capacity as GPSCCU Chairman wants the High Court to grant ...

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Ousted Guyana Public Service Coop Credit Union managers blocked from travelling on tickets purchased with entity’s funds

Ousted Management Committee members of the Guyana Public Service Cooperative Credit Union (GPSCCU) were blocked from travelling to Trinidad this week on tickets purchased with the credit union’s funds, well-placed sources said. “We can’t have them travelling… We can’t have them go out there to represent us, given the issues that we still have with them now,” one of the ...

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Three supermarket robbers arrested; gun, cash recovered

Three men were arrested Wednesday morning shortly after a break-and-enter at The Number One Supermarket” , 18 Grove, East Bank Demerara, the Guyana Police Force said. Lawmen also recovered one .38 revolver and six live matching rounds as well as a quantity of phone cards that were in their possession. Police credited the breakthrough to a security guard who escaped from ...

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