Business

Russian Aluminium (RUSAL) on Monday decided to close operations at the Bauxite Company of Guyana Inc (BCGI) and fire all 326 workers, citing industrial unrest and damage to property. “The suspension of BCGI will have no impact on the Company’s overall performance, as the expected decline in the overall bauxite supply from Guyana will be substituted with raw material from ...

The Guyana Telephone and Telegraph Company Limited (GTT) says if it does not meet publicly-stated standards of its Blaze fibre optic internet service from February 1, 2020, customers will receive refunds. “We have listened to our customers and made some changes to deliver a vastly improved service to our BLAZE customers in 2020 and beyond. We are determined to elevate ...

The Guyana Bauxite and General Workers Union (GB&GWU) on Saturday said it has made up its mind that its pay dispute with the Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc must be taken to arbitration. Reacting to positions taken by RUSAL representative, Vladimir Permyakov and ahead of a meeting government’s Department of Labour plans to seek with the union, ...

The Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc. (BCGI) on Friday denied breaching the country’s labour laws by laying off 286 workers without notice, saying that it is ready to recall the workers when they lift the blockade of the Upper Berbice River. “Our main message to the ministry and to the authorities is that the blockade is an ...

The Ministry of Social Protection’s Department of Labour Thursday afternoon summoned the management of Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc. (BCGI) to a meeting on Friday to discuss the layoff of a total of 288 workers within the past week without the legally-required notice. Junior Minister of Social Protection Keith Scott, insisting that BCGI has “not properly notified ...

The Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc (BCGI) on Wednesday afternoon issued a notice that 146 more workers have been laid off immediately but the union vowed to continue blocking the Upper Berbice River until they are all reinstated or paid severance. That is in addition to the 142 workers who have been already been made redundant. Representative ...

A day after the Minister of Public Telecommunications, Cathy Hughes, boasted of improved Internet access, Digicel Guyana used results of a petition to lampoon the administration for foot-dragging on liberalising the telecoms sector to coincide with the Guyana Telephone and Telegraph Company’s (GTT) 29-year-old monopoly. “With Guyana stuck in the telecoms dark ages, liberalisation must happen immediately to give Guyana ...

The Guyana Civil Aviation Authority (GCCA) is now better prepared to apply to the United States (US) to grant a category 1 rating to the Cheddi Jagan International Airport, should a Guyana-registered and based airline apply to fly to the United States. GCAA Director-General Egbert Field says that with Guyana’s compliance with International Civil Aviation Organisation (ICAO) rules and regulations ...

Former Foreign Affairs Minister, Carl Greenidge has slammed former presidential advisor on petroleum, Dr Jan Mangal and an international anti-corruption organisation, Global Witness, for plotting against the incumbent coalition ahead of the March 2, 2020, general elections. Greenidge sought to discredit Mangal before thousands of supporters at an election campaign rally held Monday night at Esplanade, New Amsterdam. “The claim ...

Banks DIH Limited says it is continuing to add value to Guyana’s rice, a move that has seen the company earning US$1.956 million from the export of Banko Wine. Overall, Banko Wine sales were GYD$1.3 billion. “Banks DIH has and continues to play its part in the field of agro-processing and is the largest private sector agro-processor in the country,” ...