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More than 100 residents draw mining land lottery

Mining lands were distributed to over 100 applicants at the first in a series of lotteries held on Friday in Georgetown. But the recipients must by April 22 submit proof of identity through a Taxpayer Identification Number (TIN) certificate, address and other relevant documents or forfeit their opportunity, officials declared. The Ministry of Natural Resources said the lottery is “part ...

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Several US-registered planes in Guyana grounded for records inspection

All privately-owned United States (US)-registered aircraft authorised to operate non-commercial flights in Guyana have been grounded to allow the Guyana Civil Aviation Authority (GCAA) inspectors to check their maintenance records, a top official said. GCAA Director General, Retired Lt. Col. Egbert Field told Demerara Waves Online News that five ‘N-Number’ planes were ordered to cease, temporarily, operations on Wednesday to ...

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BCGI-RUSAL strike ends, union-management relationship to be entrenched

A strike at Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc. (BCGI) ended on Tuesday with a decision to reinstate all 61 workers, and an assurance that the union’s role in representing all workers is fully entrenched. The 61 workers were dismissed last month after going on strike to protest a one-percent increase in salaries. Another 30 or more workers ...

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Democratic governance, “independent and active” civil society necessary – US envoy

United States Ambassador to Guyana, Sarah-Ann Lynch Tuesday night cited the need for democracy and an independent civil society to sustain private sector growth and development. “Together with sound, democratic governance and an independent and active civil society, the private sector here has the opportunity to thrive and Guyana has the opportunity to become one of the wealthiest countries in ...

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GBTI claims victim of “abuse of power” in SOCU probe

Hours after Chief Magistrate Ann McLennan threw out a contempt of court case against top executives of the Guyana Bank for Trade and Industry (GBTI), that financial institution said it was unnecessarily targeted. “While this unwarranted attack and abuse of power was not without severe and widespread consequences to the sterling institutional image and that of the personal reputation of ...

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Talks begin on building renewable energy power plant in Guyana

The Guyana government and a major Japanese solar energy company last week opened talks on constructing a renewable energy power plant in Guyana. Last Friday, a group of investors from the United States, Japan, Korea, the Malaysian Group, Smart City Clearing Corporation, and Capital Fund met with the Ministry of Public Infrastructure’s Chief Executive Officer of the Hinterland Electrification Company ...

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Britain calls for urgent political solution ahead of Court of Appeal ruling

Britain on Monday called on Guyana’s political leaders to find a solution to resolve the looming political crisis as the 90-day timeframe within which General and Regional Elections should be held following last December’s no-confidence motion runs out on Thursday. British High Commissioner to Guyana Greg Quinn made it clear that he was not about to interpret this country’s constitution. ...

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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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Kuwait funding study to improve Belfield to Rosignol road

Residents of more than 27 villages along Belfield, East Coast Demerara, to Rosignol, West Coast Berbice, can look forward to improved road access and connectivity as the Ministry of Public Infrastructure (MOPI) moves to start a technical and economic feasibility study for the redesign of the road network. The redesign feasibility study for that stretch of the road will be ...

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