Business

The National Telecommunications Agency (NATA), which will be responsible for spectrum management and licensing of wireless communication service providers, is about to be established but liberalisation of the telecommunications sector is largely hinged on the settlement of a US$44 million tax claim against the Guyana Telephone and Telegraph Company (GTT). GT&T continues to maintain that it enjoy a monopoly on ...

The opposition People’s Progressive Party (PPP) on Friday said now it has failed to pressure government into keeping several Guyana Sugar Corporation (Guysuco) estates opened and avoid sacking 4,000 odd workers, it would keep up the pressure on protecting workers’ rights in any privatisation deal. “Now that the termination has been done- we were opposed to it- closure of these ...

Government on Friday announced that sacked sugar workers, who are eligible to GY$500,000 or less in severance pay, would be paid  in full this month-end and the others who would be paid 50 percent of the amounts due to them. Government’s Department of Public Information later saud that 1,600 former Guysuco workers will be paid full severance pay if it ...

Opposition Leader Bharrat Jagdeo on Friday said the People’s Progressive Party (PPP) would be funding legal fees for sugar workers to challenge the legality of government paying part of severance. “The PPP will pay the legal fees for all of the sugar workers that want to challenge it in the court,” he told a news conference more than two hours ...

Georgetown residents were Thursday warned that those who do not pay the GY$200 per week to collect their garbage would not benefit from the service and would face legal action, even as a top City Hall official called for the banning of plastic bags. “In terms of you paying and your neighbour is not paying, we have the by-laws coming ...

Minister of Public Security, Khemraj Ramjattan Thursday night assured that the whistle blower legislation, which was passed by the National Assembly, prohibits malicious reporting and will allow for reporting corruption and other wrongdoings in the private and public sector dating back to 12 years. “It is important that we understand that it is not only prospective but retrospective,” he told ...

The Movement Against Parking Meters (MAPM) has not ruled out reviving weekly picketing demonstrations following Georgetown’s Mayor and City Councillors voting to amend rather than scrap the contract with Smart City Solutions (SCS). “I am saying that at some point if this is forced upon us, yes, we will resume protest,” MAPM executive member, Don Singh told Demerara Waves Online News. ...

Georgetown’s Mayor and Councillors voted by majority 15-4 for the metered parking contract with Smart City Solutions to be amended to pave the way for a reduction in parking fees to GY$150 per hour including or GY$800 for eight hours. Town Clerk, Royston King, however, told Demerara Waves that the new fees would not take effect until another few months ...

Male homosexuals in Guyana might soon be able to drink a daily pill to reduce the chances of contracting the Human Immuno-deficiency Virus (HIV) that causes Acquired Immune Deficiency Syndrome (AIDS) by more than 90 percent if preparations go well, the country’s leading gay rights organisation said Wednesday. Head of the Society Against Sexual Orientation Discrimination (SASOD), Joel Simpson told ...

Reproduced from Bloomberg  story by Jennifer A. Dlouhy The world’s hottest offshore prospect for oil companies is off the coast of Guyana where a string of major discoveries has drawn hundreds of millions of dollars in a quest for crude. The Trump administration is hoping to lure some of that investment to the U.S. with a proposal to sell leases ...