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Daily Archives: March 5, 2018

GTT’s $18M Innov8 Fund to aid STEM Guyana, University of Guyana

An GY$18 million innovative fund established by the Guyana Telephone and Telegraph (GTT) will be pumped into the Science Technology Engineering and Mathematics (STEM) programme locally and the University of Guyana (UG). The announcement was made earlier Monday by the telephone giant during a press conference to promote its upcoming Innov8 Expo and Business forum to be held later this ...

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Guyana Stores Limited loses tax case to GRA at Caribbean Court of Justice

The Guyana Revenue Authority (GRA) on Monday won an appeal before the Caribbean Court of Justice (CCJ) against Guyana Stores Limited (GSL) on whether a two percent minimum corporation tax was unconstitutional and amounted to the taking away of private property. “This decision is a victory for the Revenue Authority as many taxpayers attempt to avoid the specialized procedure under ...

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Ramjattan to tighten rules on Police Commissioners applying for firearm licences

Minister of Public Security, Khemraj Ramjattan says he will be taking steps to examine whether the regulations were breached or the law needs to be amended to bar Police Commissioners and other senior officers from granting firearm licences to themselves days before their retirement. “We are giving that serious consideration as we speak. It has been a situational problematique,” he ...

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No more two-plane international airlines allowed; govt concerned about steep airfares- Harmon

The Guyana government has decided to refuse permission to more international airlines that merely have one or two aircraft because passengers continue to be frustrated by long delays and cancellations, Minister of State Joseph Harmon announced. “All I would ask of you is don’t bring no one-plane airline or no two-plane airline so that you take all the people money ...

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Govt confirms Demerara Distillers Limited will help restart Enmore sugar estate for molasses; hundreds rehired

The Guyana government appears to have finalised a deal with the privately-owned Demerara Distillers Limited (DDL) for the restart of the Enmore sugar estate to produce molasses for that company, a high-level government official said Sunday. The Head of the Special Purpose Unit (SPU) of the National Industrial and Commercial Investments Limited (NICIL), Colvin Heath-London said almost 200 workers have ...

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