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Monthly Archives: August 2015

No more honour statements, ministers will pay if they do not account for travel advances-Finance Minister

Last Updated on Friday, 7 August 2015, 17:45 by GxMedia by Zena Henry The Ministry of Finance has put in place new measures to tighten possible squandering and dishonesty in relation to government officials travel allowances and advances effective June 16, 2015. This revelation comes as government defended itself against a newspaper article claiming that the new government was setting ...

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Indian nationals, who were barred from staying, leave Guyana

Last Updated on Friday, 7 August 2015, 17:20 by GxMedia by Zena Henry Guyana’s immigration authority was finally able to have eight Indian nationals, who were denied entry into the country, depart early Friday morning. The men, it was reported were unable to provide adequate information on their place of accommodation and purpose for entering into the country and were ...

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Depositing semi-autonomous agencies’ revenue in Consolidated Fund will help narrow deficit

Last Updated on Friday, 7 August 2015, 16:48 by GxMedia Finance Minister Winston Jordan on Friday said government plans to withdraw an estimated GUY$30 billion in deposits being held by semi-autonomous state entities in commercial banks, saying that it would help to narrow the deficit. Jordan, who is a former Budget Director at the Finance Ministry, said he told executives ...

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Robbery-murder at Jade Stone ‘Black Chiney’ Restaurant

Last Updated on Friday, 7 August 2015, 14:23 by GxMedia The police are conducting investigations into a robbery/murder that occurred at the Jade Stone Chinese Restaurant, Mandela Avenue, Georgetown. At about 0030h. today Friday August 07, 2015, Fei Su, 32 years, was confronted in her home above the restaurant by a group of men who assaulted her and took away ...

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

Last Updated on Thursday, 6 August 2015, 21:27 by GxMedia 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, ...

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

Last Updated on Thursday, 6 August 2015, 21:15 by GxMedia 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 ...

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BOSAI, union agree to cut working hours instead of retrenchment

Last Updated on Thursday, 6 August 2015, 20:53 by GxMedia 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 ...

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Bosai workers protest, demand explanation for possible retrenchment

Last Updated on Thursday, 6 August 2015, 17:36 by GxMedia 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 ...

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

Last Updated on Thursday, 6 August 2015, 16:03 by GxMedia 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 ...

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Another political appointee sues govt for breach of contract

Last Updated on Thursday, 6 August 2015, 15:43 by GxMedia 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), ...

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