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Daily Archives: August 6, 2015

IDB Group member joins Mobile Money Guyana in promoting savings in remote areas

The Multilateral Investment Fund (MIF), member of the Inter-American Development Bank (IDB) Group, says it has recently approved a grant of US $551,386 for a project with Mobile Money Guyana(MMG), that will create access to formal money transfer and payments for at least 10,000 domestic remittance-sending clients that live in remote, underserved areas in Guyana’s  regions 4, 6, 9, and 10 ...

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Guyana will start collecting money from the first barrel of oil drawn

by Zena Henry With the significant oil find offshore Guyana, many persons have questioned the contract between Guyana and United States-based oil giant Exxon Mobil, hoping that the country will get what it deserves. However, at this point the government seems quite satisfied with the current agreement between the two entities. Minister of State Raphael Trotman told Demerara Waves Wednesday ...

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BOSAI, union agree to cut working hours instead of retrenchment

Major unrest ‎ in Linden was Thursday averted after the Chinese-owned bauxite company, BOSAI Minerals, agreed to reduce the number of hours rather than retrench 37 workers, according to Company Secretary Retired Major General Norman Mc Lean.  Mc Lean said National Association of Agricultural, Commercial and Industrial Employees (NAACIE) and the management of BOSAI have reached agreement for the workers to stay ...

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Bosai workers protest, demand explanation for possible retrenchment

by Zena Henry Bauxite workers attached to the Chinese-owned bauxite company,  Bosai Minerals, are demanding an explanation from the company about why it pland to fire almost 50 staffers. Scores of workers, mainly from the company’s mining pits, armed themselves with placards this morning protesting the stated retrenchment. According to the Guyana Bauxite and General Workers Union’s Leslie Gonsalves, workers ...

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Small Business, Regional Trade Fairs this year; GuyExpo planned for 50th Independence

The Ministry of Business on Thursday announced that there would be no GuyExpo this year, but plans are in train for a “special version” to cooincide with Guyana’s 50th Independence Anniversary next year. In a statement, the Business Ministry said the decision was also taken to hold a Small Business Expo in November, 2015. Government has also signaled its intention ...

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Another political appointee sues govt for breach of contract

Zulficar Mustapha, former Head, Community Relations Liason Officer Region Six (6), is moving to the court to claim $1.7 million for what he is saying was the wrongful termination of his contract. A Writ of Summons containing the details of Mustapha’s claim was filed yesterday and the Attorney General (AG), Basil Williams, has ten days in which to enter an ...

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Increased govt allowances “a fat lie”; govt threatens to deduct uncleared allowances to former ministers

by Zena Henry Finance Minister Winston Jordan has categorically denied claims by a pro-opposition newspaper that government intends to approve hefty travel allowances and he warned that former government ministers  who have not cleared theirs would have them deducted from their salaries or pensions. The former government themselves could come in for some inconvenience since according to Jordan a significant ...

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Attempted suicide must be decriminalized; police launches suicide prevention hotline

Amid the rising incidence of suicide,  Public Security Minister Khemraj Ramjattan on Thursday called for the decriminalization of attempted suicide and the locking away of poisons from persons prone to taking their own lives. “Guyana should move toward the decriminalization of attempted suicide. I would like to hear the arguments from the other side to hear why it would remain ...

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