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Govt provides sketchy info about companies interested in buying state-owned sugar estates ; DDL did not bid

The Special Purpose Unit of the Guyana government’s holding company for government assets on Friday released the names of the five companies that have bid to buy out the four estates of the state-owned Guyana Sugar Corporation (Guysuco), but did not disclose the details of the entities. A senior official of Demerara Distillers Limited (DDL) did not tender for Enmore ...

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Town Clerk comes under spotlight for multi-million dollar City works without contracts

Town Clerk Royston King was Friday upbraided for merely having verbal agreements with a number of private contracting companies instead of written contracts for multi-million dollar works Among them is a deal with XL Engineering or GYD$150 million on the basis of a verbal agreement, he told the Commission of Inquiry into operations of the Mayor and City Council, among himself, ...

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10 submissions for three government-owned sugar estates; concerns raised about competition with Guysuco

Several companies, including a United States (US) company with Middle Eastern connections, have bid to buy three of the six sugar estates owned by the Guyana government, on condition the buyers would continue to plant sugarcane and guarantee local employment, officials said Thursday. Managing Director (Deals) of PricewaterhouseCoopers Tax and Advisory Services Limited, Wilfred Baghaloo said the prospective investors, before ...

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House unanimously passes GYD$2.4 billion for Guysuco’s severance pay

The National Assembly Wednesday night unanimously approved  GY$2.451 billion to pay remaining severance to 4,723 sugar workers who have been laid off with the closure of several estates across the country. The results of a division (count) showed that 62 parliamentarians voted in favour of the amount after a spirited series of questions posed by the People’s Progressive Party’s Komal ...

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PPP govt spent almost GYD$100 million on medical expenses for ministers; no immediate answer on APNU+AFC govt’s total medical insurance payment

The People’s Progressive Party Civic (PPPC)-led administration spent almost GY$100 million on medical and dental expenses from 2012 to 2014, but Health Minister Volda Lawrence could not immediately say how much her ministry was paying in 50 percent insurance premiums for ministers and their families. In response to questions by opposition PPP parliamentarian, Juan Edghill, the Health Minister said in ...

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Guyanese could get increased salaries, other improvements in 2020, the year of First Oil

Finance Minister, Winston Jordan on Wednesday hinted that government workers would receive salary increases when in 2020 when Guyana begins producing oil estimated to rake in about US$300 million in that year. “I foresee improvements in the social and economic status of Guyana. I foresee progressive improvements in the human, cultural and every other developmental aspect of the country,” he ...

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Hess, Exxon Mobil Prep For More exploration offshore Guyana

Velda Addison Senior Editor, Digital News Group Hart Energy Wednesday, October 31, 2018 – 12:28pm Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon bounty discovered offshore Guyana. “This month a second exploration vessel, the Noble Tom Madden, arrived to accelerate exploration and appraisal activities on the block starting with the Pluma prospect located 17 ...

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Guyanese dies aboard Guyana-registered oil tanker in Grenada

Police in Grenada have confirmed that a Guyanese man died aboard the MV Ocean Trader – a Guyanese registered ship- that was docked in Grenada last weekend. Dead is 41-year old Permanand “Short Man” Permaul. The vessel departed that Caribbean island Tuesday evening following the completion of an investigation by Grenadian law enforcement agents An official from the Grenada Port ...

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EPA probes alleged noise pollution from Teleperformance’s generators

Residents of a section of Robb Street, Georgetown on Tuesday night complained to inspectors of the Environmental Protection Agency (EPA) that a very loud humming sound from generators at Teleperformance call centre was disturbing them from resting. The EPA inspectors used noise meters to conduct almost four-hour long tests outside the Teleperformance building and the neighbourhood, in response to concerns ...

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GWI spends millions to truck water to Madewini Camp; company clearing debts to major hardware stores

The cash-strapped Guyana Water Inc. (GWI) has been spending GYD$400,000 per month for the past three years to truck water to the Madewini Youth Camp at Soesdyke in an area where residents say they have been without potable water for almost two weeks. Residents told Demerara Waves Online News that it will cost GYD$3 million in pipelines to supply water ...

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