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Importer denies Food & Drugs Dept GYD$40m substandard foods allegations

The Ministry of Public Health’s Government Analyst-Food and Drugs Department (GA-FDD) and a businessman are set to take each other to court over GYD$40 million worth of food that authorities say are substandard. The businessman, Faizal Asif Iqbal Alli, has denied the allegations levelled against him. He is threatening to take the GA-FDD to court if perishable and other items ...

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Amna Ally lifts Keith Scott’s cease order to Troy Resources as workers remain off the job

Under apparent pressure by hundreds of workers angered at being temporarily laid off and paid half of their salaries, Senior Labour Minister Amna Ally has intervened and withdrawn a letter by her Junior, Keith Scott, that had instructed Troy Resources Limited to cease all operations because of safety concerns uncovered by an inspector at two additional gold mining pits. “I, ...

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Third Guyanese company enlisted on stock exchange

A sprawling 700-acre agricultural estate, operating under the name Pomeroon Trading, is set to become the third Guyanese company to be listed on the Guyana Stock Exchange in 10 years. Company Advisor, United Kingdom parliamentarian, David Lammy, says the company is about to sell more than 130,000 shares at US$7.50 per share to any new investor. “Pomeroon Trading will be ...

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Caribbean Court upholds trade ministerial decision on cement classification

The Caribbean Court of Justice (CCJ) on Tuesday delivered a judgement which upholds the classification decision of the CARICOM Council for Trade and Economic Development (COTED) on cement, known as Rock Hard Cement, imported and/or distributed within CARICOM by Rock Hard Cement (Rock Hard Distributors Limited) and, Mootilal Ramhit and Sons Contracting Limited. These proceedings in the CCJ’s Original Jurisdiction ...

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Ghana to help Guyana’s energy sector

Ghana’s President, Nana Akufo-Addo has agreed that his country would help Guyana’s energy sector, Director-General of the Ministry of the Presidency, Joseph Harmon said. Briefing the media after Akufo Addo was conferred with Guyana’s national award, the Order of Excellence by President David Granger, Harmon said the technical assistance cooperation would be provided free of cost. “This is very important ...

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Guyana rules out funding replacement ferry to Suriname

Guyana on Wednesday ruled out funding the replacement of the ailing MV Canawaima ferry, saying the jointly-owned company with Suriname must use the money to repair the 20-year-old vessel. “There is no onus on Guyana to fund the replacement of the service either temporarily or permanently. The joint company has to ensure that the monies collected by or on behalf ...

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Trinidad bans raw and cooked poultry meat from Guyana

Minister of Agriculture Clarence Rambharat has advised that raw and cooked poultry meat from Guyana has been banned from entry into Trinidad and Tobago with immediate effect, Loop TT reported Friday. “As a precaution the Ministry’s Chief Veterinary Office has notified the Customs and Excise Division of an immediate ban on raw and cooked poultry originating from Guyana. While Guyana ...

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Suspected cocaine-in-pepper sauce exporters remanded to prison

Two men accused of attempting to smuggle 107.6 kilogrammes of cocaine in pepper sauce to another country were Monday remanded to prison. The Customs Anti-Narcotics Unit (CANU) said Chief Magistrate, Ann McLennan denied bail to the accused men. They are Ramaeo “Chan” Chandrabhan of 39 Ornoque Street, Georgetown, and Andrew Young of 2018 Section ‘C’ Diamond, East Bank Demerara. The ...

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Favourable policy environment key to Caribbean agro-tourism integration – CTA

Barbados is among several Caribbean nations that is exploring integrating agriculture and tourism as that small Eastern Caribbean island on Wednesday opens its Agrotourism Policy Setting Workshop under the theme, “Strengthening Linkages Between Agriculture and Tourism” in the capital Bridgetown. Regional organisations, the World Bank and the World Travel and Tourism Council identify tourism and agriculture as the two critical ...

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Barbados, Guyana stock exchanges agree to cooperate; new stock exchange legislation in the pipeline

The Barbados and Guyana stock exchanges on Friday inked a memorandum of cooperation, paving the way for listed companies to trade in each other’s countries. “The two key areas of interest identified in our preliminary discussions have been that of institutional strengthening and the cross listing of securities,” Managing Director of the Barbados Stock Exchange (BSE), Marlon Yarde said at ...

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