Business

by Derwayne Wills Government must now consider another strategy for engaging Russian bauxite company, RUSAL, which was a no-show at a meeting scheduled Wednesday morning at the Labour Department between that company, the Labour Ministers and the Guyana Bauxite and General Workers Union (GB&GWU). “Upset and annoyed,” were the words used by Keith Scott, Minister in the Social Protection Ministry, ...

Guyana is set to have its first Black business chamber aimed at promoting and sustaining the development of enterprises owned by Guyanese of African descent, the organisation said in a statement. “Part of its goal is to strengthen efforts at national development and achieving surety of economic inclusion through support for the growth of private businesses owned by Guyanese of ...

The People’s Progressive Party Civic (PPPC) wants Guyana’s Auditor General to conduct a forensic audit into the parking meter project, but Deputy Mayor Sherod Duncan said that makes no sense. Duncan said assessments of the parking meter contract by the Minister of Finance and the Attorney General and Minister of Legal Affairs were sufficient and there was no need for ...

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 ...