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Business

Parking meter contract can be revoked if conditions are right – MAPM

Lawyers associated with the Movement Against Parking Meters (MAPM) said there are legal and other grounds for the deal to be revoked, and different opinions have emerged over whether reactivation of paid parking on Monday will amount to contempt of court. Speaking at a public consultation at the St. Stanislaus College, Brickdam on Saturday, Attorney-at-Law Nadia Sagar said the contract ...

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Private schools lobbying govt about VAT on private education

A number of private schools are “Private charter schools,” and so they do not pay taxes, Minister of State, Joseph Harmon explained during a Post- Cabinet press briefing today. Questioned about the impact of levying of 14 percent Value Added Tax (VAT) on education, and about claims of drop outs, Minister Harmon said that,“I do not have the figures, I ...

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GYD$5 billion housing programme being rolled out

Cabinet has approved the delivery and construction of 758 housing units in Regions 2, 3, 4, 5, 6, 7 and 10. The units will be constructed at a cost of $5 Billion, (or $5.4Million each), Minister of State Joseph Harmon reported at the post-Cabinet briefing at the Ministry of the Presidency held on Friday. The construction of the housing units ...

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“No exclusive parking in the City” – Mayor Chase-Green

As the High Court prepares to hear City Hall show cause why the controversial parking meter contract should not be revoked, Mayor Patricia Chase- Green on Friday said businesses would not be allowed to designate no-parking areas in front of their premises. “What we also have again are- some vendors, the majority of business people- blocking their entrances with ‘No ...

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Digicel takes time off Mash Parade to focus on special needs institutions

Digicel (Guyana) will not be on this year’s Mashramani costume and float parade, but is instead throwing its assistance behind several special needs organisations. At the same time, the phone company is providing freely available costumes  from the ‘Trinity’ and  ‘Dynamic’ Bands once they are Digicel subscribers and have downloaded and are using MyDigicel app. After the display of the costumes at ...

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Private sector registers “lack of confidence” in govt’s economic management; worried about political victimization

The Private Sector Commission (PSC)  says it has no confidence in government’s handling of the economy and has accused it of political interference in the judiciary and creating the conditions to violate the constitutional rights of persons through the State Assets Recovery Act. The PSC charged that the economy is in a downward spiral, resulting in Guyanese selling and moving ...

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Trump’s repeal of law prohibiting payments to foreign govts requires tighter Guyana transparency initiative

As Guyana prepares to join a Norway-headquartered organisation that guards against corruption in the natural resources sector, a member of the business arm of the local chapter has weighed in on United States President, Donald Trump’s decision to allow American companies to withhold information about contributions to foreign governments. Businessman, Hilbert Shields who is part of the Multi-Stakeholder Group of the , ...

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Parking meter protest gets bigger despite planned 50 percent cut in rates

Despite an announcement that the parking meter fees would be slashed by 50 percent, Guyanese turned out in larger numbers on Thursday to vent their disgust at the agreement between the Mayor and City Council (M&CC) and Smart City Solutions (SCS). Many businesses closed their doors and staff used their lunch-hour to  congregate on Regent Street opposite City Hall to ...

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New York-based Guyanese pushing technology in teaching Mathematics

As Caribbean Community (Caricom) leaders prepare to discuss, among other matters, the future of Information Communications Technology (ICT) in the region, a group of Caribbean Professionals has rolled out an application to help students learn Mathematics at the Caribbean Examination Council (CXC) level. Founder of AcuExam (www.cxc-exam.com) , Surendra Dhanpaul said though the app is in no way affiliated to ...

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GTT begins sending home 120 workers

The Guyana Telephone and Telegraph Company (GTT) on Wednesday announced that it would be sending home 120 persons over the next 12 months as part of plans to adapt the company to liberalised telecommunications sector in the country. The phone company said its announcement coincided with the separation of the first 6 employees under the restructuring programme. The six employees ...

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