Business

The Head of the State Assets Recovery Agency , Professor Clive Thomas says evidence from international law enforcement agencies have revealed a “massive scale of corruption and money laundering” during the period that Bharrat Jagdeo served as Guyana’s President. “Documents received from external Law Enforcement Agencies such as Interpol, Homeland Security and CFATF (Caribbean Financial Action Task Force) have shown the ...

Oldendorff Carriers, the German-headquartered bauxite transshipment company that employs almost 200 Guyanese, has reportedly decided to shut down its operations in Guyana because of United States (US) sanctions against Russian Aluminium (RUSAL). Tradewindsnews reported that Oldendorff told that publication that it “will fully comply with US sanctions and therefore will be winding up its business in Guyana in a timely ...

The Uitvlugt Estate- one of the three estates remaining under the state-owned Guyana Sugar Corporation (GuySuCo) management after the downsizing- met and surpassed its production target for the first crop of 2018, authorities said Thursday. The Special Purpose Unit of the National Industrial and Commercial Investments Limited (NICIL-SPU) and GuySuCo said in a joint statement that Uitvlugt produced a total of 7,011 ...

Even as the Guyana government slammed the People’s Progressive Party’s (PPP) filing of private criminal charges of misconduct in public office against two government ministers as an effort to distract the public from its record of corruption, Opposition Leader Bharrat Jagdeo said more charges would be filed against other ministers. “The charges that were filed today against the current and ...

The reintroduction of metered parking in Georgetown is unlikely to get central government’s approval when Local Government Minister, Ronald Bulkan considers the revised contract between City Hall and Smart City Solutions along with bylaws to govern paid parking. Bulkan told Demerara Waves Online News in an exclusive interview that he would have to examine the contract first before he could ...

The Ministry of Social Protection’s Occupational Safety and Health Department on Thursday rubbished claims by the trade union representing Guyana Geology and Mines Commission (GGMC) workers that their concerns about mercury poisoning have been ignored. Chairman of the National Council for Occupational Safety and Health (NACOSH), Earl Morris stressed that “that’s not true” and persons could easily make erroneous conclusions ...

Guyana is moving to update its regulations and law governing occupational safety and health to govern the oil and gas sector  ahead of the start of commercial production in 2020, a consultant said Wednesday. “We are looking at regulations shortly for the oil and gas sector  so it’s not a case that we are not doing anything,” Occupational Safety and ...

Workers of the Guyana Geology and Mines Commission (GGMC) are threatening protest action if other relevant government agencies remain silent on mercury poisoning by emissions from the Guyana Gold Board. President of the Guyana Civil Servants and General Workers Union (GCS&GWU), Gregory Gaspar said his newly-formed trade union is demanding that the GGB either shuts down the laboratory or invests ...

Road users in Region Seven (Cuyuni-Mazaruni) will soon have to pay tolls to help fund maintenance of the several roads that are being repaired and rebuilt there, says Minister of Public Infrastructure David Patterson. Government’s Department of Public Information quoted Patterson as saying that the strategy would aid in the maintenance and sustainability of the infrastructure. “Soon we will be ...

Director of Public Prosecutions, Shalimar Hack was Tuesday asked to consider discontinue charges of misconduct in public office against former Finance Minister, Ashni Singh and former Head of the National Industrial and Commercial Investments Limited (NICIL), Winston Brassington. The request was made by their lawyer, Anil Nandlall who said he would be giving the DPP until weekend to respond before ...