Business

President David Granger says legal action will be taken against KARES Engineering to recoup monies that will be spent on fixing the defective Kato Secondary School. Granger also ruled out that company being granted any further contracts to build large scale contracts. “It’s a burden that we will have to place to bear. We will see what legal measures will ...

Concerns were Thursday raised about the in-built majority of the parliamentary appointive committee that will decide who will be the Director of the State Asset Recovery Unit (SARU) as well as about the possible leakage of bank account information. The issues were raised during a public consultation on the Draft State Asset Recovery Bill  held at the Pegasus Hotel under ...

The Guyana government is moving to streamline the procedure for importing arms and ammunition for the police and army, with Public Security Minister Khemraj Ramjattan heading a procurement committee. Minister of State, Joseph Harmon told a news conference on that the National Security Committee decided that the committee would “look at the procurement of arms for the disciplined services so that ...

Government on Thursday signalled that it has no intention of backing down from the rental of a bond to store pharmaceutical supplies and sought to play down key aspects about the transparency of the deal with a city businessman. “I see it as nothing more than a coincidence that the price paid and the price of the security deposit and the ...

In the wake of serious concerns being raised about a deal to store pharmaceuticals for the public health sector at a bond being rented from a city businessman, government on Wednesday announced that a special ministerial team has been established to examine a range of issues. “The Sub-Committee met today (Wednesday), at the Office of the Prime Minister and was provided ...

Amid swirling accusations of a sweetheart deal between government and a city businessman over the rental of a bond to store pharmaceutical supplies,  Minister of Public Health Dr. George Norton said Wednesday that the move was aimed at saving cash. He denied claims by Opposition Leader Bharrat Jagdeo that government paid the building’s owner, Lawrence “Larry” Singh two months rent ...

The Cheddi Jagan International Airport (CJIA) on Wednesday confirmed that passengers travelling from the United States (US) via Port of Spain would now have to undergo screening if they are changing aircraft. The CJIA said that decision applies to everyone transiting Trinidad’s Piarco International Airport on Caribbean Airlines and all other foreign carriers. “With immediate effect, transfer and transit passengers ...

City Mayor, Patricia Chase Green said the parking meter project would no longer begin on September 1 to make way for the Council to consider the proposed way forward by Central Government. Councillors at Monday’s (August 8, 2016) statutory meeting were given packages containing the review and recommendations by the Attorney General, Basil Williams and the Finance Minister, Winston Jordan. ...

The Transparency Institute of Guyana Inc. (TIGI) has slammed the Mayor and City Council for forging ahead with the Parking Meter project despite deep-seated concerns about the apparent opaqueness of the transaction from the inception. “That this project is allowed to continue in its current configuration in spite of a legal basis for enacting a new and transparent process, is ...

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia on Monday  announced that tax agents would be deployed to go after businesses that cheat the 16 percent Value Added Tax (VAT) amounting to billions of dollars. “We also have to shift our resources into the enforcement mode and go behind the businesses for them to comply so we are ...