Business

A  University of Guyana (UG) graduate, who admittedly migrated to the United States (US) and eventually rose to a senior official of that country’s Department of Energy (DOE), on Saturday urged graduates to remain and build Guyana because it is destined to become a prosperous nation , even as a number of developed nations frown on foreigners. “At the risk ...

The General Manager of the Guyana Rice Development Board (GRDB), Nizam Hassan was Wednesday sent on leave pending the outcome of a fraud charge on which he was arraigned earlier this week, according to well-placed sources. The GRDB’s Board of Directors on Wednesday decided to allow Hassan to first proceed on his entitled one week vacation leave after he which ...

Small scale miners are being afforded the use of machinery from Romanex Guyana to help increase their recovery rates in the Marudi Mountain mining area, Region Nine. The Government Information Agency (GINA) reported that small miners raised the complaint that alluvial mining is not yielding production in the Marudi area when Minister of Natural Resources Raphael Trotman and a team ...

The General Manager of the Guyana Rice Development Board (GRDB), Nizam Hassan could be sent off the job later this week, days after he was arraigned on an indictable fraud charge. Hassan is on GYD$250,000 bail in connection with alleged fraud in relation to the construction of the New Guyana Marketing Corporation (NGMC) building on Robb and Alexander Streets, Georgetown. ...

The University of Guyana’s (UG) likely rental of a five-storey building at the corner of Lamaha and Camp Streets, Georgetown has sparked off criticisms from a number of lecturers, but senior administrative academics are justifying the rental of another building off the Turkeyen Campus. “The justification for renting a building by a cash-strapped university is, for instance, at least 20 ...

The prime suspect, who last Sunday morning broke into the Variety Store of Bartica’s Deputy Mayor, Kamal Persaud, and carted off several valuable items worth GYD$3.2 million dollars, was Tuesday morning arrested. Persaud praised police and residents of Bartica for collaborating in apprehending the suspect who once lived at Cool Breeze which was recently affected by a fire and later on ...

The former General Manager of the New Guyana Marketing Corporation (NGMC), Nizam Hassan and a number of Directors of a Trinidadian construction company were Monday charged with alleged fraud based on the findings of a forensic audit. Hassan , which is currently the General Manager of the Guyana Rice Development Board, is jointly charged with Ministry of Agriculture Engineer, Hanniel ...

The owner of Sleepin Hotel, Clifton Bacchus on Monday said he would be transferring several buildings to his company as part of preparations to re-apply for licences to operate a casino. “I am transferring properties into the company’s name and it will take another month and then I will re-apply,” he said, adding that those properties are free of encumbrances ...

The Guyana Gaming Authority says it has refused Sleepin International Hotel and Casino Inc.a casino licence because that company failed to show that it has the money to run such a gambling operation. The company has since said that it would be submitting fresh applications with the required information. “The company is currently in the process of accumulating this information ...

A money changer was Sunday afternoon shot and robbed while dining with his companion at city fast food outlet, police confirmed. Police said 32-year old Vishwanauth “Vishal” Nowbat of ‘C’ Field, Sophia, East Coast Demerara was shot to his abdomen while seated at PopEye’s, Water and America Streets at about 4:15 PM. “The suspect approached and demanded he handed over his day’s ...