Business

The Ministry of Natural Resources on Friday said repairs to Konawaruk bridge would be completed by next week Monday, August 22. Junior Minister of Natural Resources, Simona Broomes said she received assurances from MMC Inc. that the major thoroughfare would be also strengthened to cope with the effects of bad weather. “MMC Inc. has further assured the Minister that the bridge will now ...

Negotiations with the Guyana Telephone and Telegraph Company (GT&T) to end its monopoly on international voice and data are expected to begin next month and conclude by year-end, according to adviser to the Minister of Public Telecommunications, Lance Hinds. Speaking at a public forum, ICT Conversation, held at the National Library earlier this week Hinds, however, virtually ruled out that ...

A mining operation ,which was in April 2016 caught operating in the Kaieteur National Park area, will pay a fine of $7 million to the Guyana Geology and Mines Commission (GGMC), the Ministry of Natural Resources said Friday. The ministry said Ceso Alves De Alcantara, a national of Brazil, was fined after a raid by the Ministry of Natural Resources and ...

The Guyana Civil Aviation Authority (GCAA) is to set up its own approved school in another six months to train Air Traffic Controllers, GCAA Director General, Egbert Field announced Wednesday. “We need to have the programme approved and the approval process takes a while. It has to go through a certain number of stages,” he said. The Caribbean Aviation Safety ...

The newly-formed Guyana Market Vendors Union (GMVU) says it will be pushing for vendors, who were removed earlier this year from the Stabroek Square, to be relocated just in front of the Stabroek Market where buses once parked. GMVU President, Eon Andrews told Demerara Waves Online News that vending is a culture that relies heavily on sellers’ closeness to passersby ...

Guyana-born Wall Street civil engineering Principal of Constructomics Trevor Prince donatedten (10) computers and related accessories to the New York Tutorial Support Group Inc. (NYTSG) for use at Tutorial High School (THS). The computers were delivered to THS’s computer laboratory in July just before summer break, complementing 32 previously donated by NYTSG in 2007. The NYTSG noted that with existing ...

The administration of Region Seven (Cuyuni-Mazaruni) hopes to revive plans to build a hydro-power station at Paruima Falls as part of efforts to kick-start agro-processing ventures in that area, Regional Chairman, Gordon Bradford said Friday. “The river doesn’t dry. It always has water, Bradford told Demerara Waves Online News. He plans to lobby central government when Junior Minister of Public ...

Opposition Leader, Bharrat Jagdeo on Friday objected to the Guyana government succumbing to Caribbean Community (Caricom) tariff rules, saying it would set a bad precedent and put the country’s manufacturing sector at grave risk. “I heard some people have applied to Caricom for (Common External Tariff) waivers and they have got those waivers and that’s good but the moment you ...

Opposition Leader, Bharrat Jagdeo on Friday urged that contingency measures, including the construction of the Amaila Falls hydro-power plant, be used to cushion the impact of gradually rising world oil prices. “We are enjoying a period of relative calm and basically good prices but these are going to turn against us again,” he told a luncheon organised by the Guyana ...

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 ...