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Daily Archives: Friday, 24 March 2017, 19:50

AG Williams denies making death threats …to sue K/News, Guyana Times over libelous reports

Last Updated on Tuesday, 25 April 2017, 12:27 by Denis Chabrol   by Gary Eleazar Attorney General and Minster of Legal Affairs, Basil Williams, has denied ever threatening to kill a sitting Judge—Justice Franklin Holder—and has threatened to sue daily newspapers Guyana Times and Kaieteur News for ‘grievous libel,’ over the reports. Williams made the charges today (March 24, 2017) ...

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Guyana gov’t paying Republic Bank debt for owner of Marriott-branded hotel

Last Updated on Friday, 24 March 2017, 19:34 by Denis Chabrol The special purpose government-owned company, Atlantic Hotel Inc; which owns the Marriott-branded hotel cannot afford to pay its debt to Republic Bank, forcing government to pay more US$1 million every six months to prevent Guyana from losing the property, Finance Minister Winston Jordan said Friday. Jordan said the loan ...

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Bank of Guyana can close foreign exchange retention accounts to stem Guyana dollar decline

Last Updated on Friday, 24 March 2017, 18:56 by Denis Chabrol The Bank of Guyana (BoG) was Friday preparing to possibly more foreign exchange on the local market and Finance Minister, Winston Jordan did not rule out the closure of retention accounts of exporters to stem foreign exchange hoarding at a time when the local economy is suffering from a ...

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Looming ‘used-tyre’ ban will leave 5000 jobless ; no evidence used tyres cause accidents —GUTA

Last Updated on Friday, 24 March 2017, 13:41 by Denis Chabrol The Guyana Used Tyres Association (GUTA) is warning that should government continue with the planned importation of used-tyres into the country, as much as 5,000 persons stand to lose employment in the $100M revenue earning business—a situation that could in fact lead to a new smuggling industry. GUTA Executives ...

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High Court rules it can hear Red House lease revocation case

Last Updated on Friday, 24 March 2017, 13:12 by Denis Chabrol The High Court on Friday ruled against Attorney General, Basil Williams and said it has jurisdiction to hear a constitutional case about the revocation of a lease of Red House by the Cheddi Jagan Research Centre Inc. The decision was made in chambers by acting Chief Justice, Yonette Cummings-Edwards ...

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Displaced Marudi miners likely to get new mining lands

Last Updated on Friday, 24 March 2017, 9:48 by Denis Chabrol Gold miners, who were displaced from the Marudi area in Rupununi, are likely to benefit from new mining lands but government first has to consider the implications for Amerindian lands and the environment. “This option is being weighed against potential implications for Amerindian titled lands and for biodiversity conservation ...

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UG Council to discuss salaries next week; unions demand negotiations

Last Updated on Friday, 24 March 2017, 9:13 by Denis Chabrol The University of Guyana’s (UG) Council is next week (March 30, 2017) expected to discuss demands by the institution’s workers for increased salaries, at a time when their unions have begun industrial action to demand pay talks. “The matter of salaries will be part of the 2017 revised budget, ...

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