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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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Some Joint Services members couldn’t vote in Local Government Elections; to vote on Nov 12

A number of members of Guyana’s State security services were Friday unable to vote because their names were not on the voters’ list where they were stationed, but the Guyana Elections Commission (GECOM) said provisions would be made for them to cast their ballots with the rest of the population on November 12. “I’ll be doing a coordinating meeting with ...

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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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“Souse Mouth” shot dead after carjacking

One of two bandits, who had earlier stolen a taxi driver’s car and escaped, was killed after he opened fire at police who cornered them during a second escape bid, the Guyana Police Force said. The dead man has been identified as 27-year old Melroy “Souse Mouth” Solomon of Titus Street,Agricola, East Bank Demerara. Police said he was previously charged ...

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Lusignan Prison escapee recaptured

Dexroy Pollard, one of the three prisoners who escaped from the Lusignan Holding Bay, on the East Coast Demerara on October 15, is in custody, government’s Department of Public Information said. The 29-year-old Wales resident was recaptured by public-spirited citizens on the West Bank of Demerara on Thursday. Pollard was among the three inmates who escaped the Lusignan holding bay ...

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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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