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Business

Rainstorm lashes East Bank Demerara, damage GPL power station

A terrible rainstorm struck parts of the East Bank Demerara including Garden of Eden where the roof of the Guyana Power and Light’s generation station was damaged. The power company said the roof and other parts of the building were damaged as a result of high winds at about 5 PM Saturday, July 30, 2016. After the Garden of Eden ...

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Govt cannot provide jobs ; emphasis is on self-employment – Granger

One year on after an election campaign promise to create thousands of jobs, President David Granger said it is not government’s responsibility to do so. “There is no magic wand. The government cannot provide jobs in the government service, in the police force or the defence force,” he said on this week’s edition of ‘Public Interest.’ Noting that it is ...

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CCJ affirms GY$5 million for injuries in road accident case –

The Caribbean Court of Justice (CCJ) Friday morning dismissed the appeal in Guyana Sugar Corporation v Tulsieram Dukhi, though it increased the Court of Appeal award of damages for personal injuries to G$5,743,000.00 in allowing the cross appeal in part. This appeal arose out of a road traffic accident which occurred nineteen years ago (1997) on the Ogle Airstrip Road, East ...

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CCJ Reverses G$15M award in Defamation case, says awards from other Caribbean countries not automatic benchmark

Port of Spain, Trinidad and Tobago, CCJ – CCJ, Port of Spain. Today the Caribbean Court of Justice (CCJ) in Glen Lall & National Media and Publishing Company Limited v Walter Ramsahoye refused to increase the G$15 million award of damages made to Dr Ramsahoye by the Guyana Court of Appeal. Indeed, it reversed the Court of Appeal’s decision and ...

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GGMC workers get bonus; new headquarters to be built

Workers of the Guyana Geology and Mines Commission (GGMC) have been awarded a one-off payout  in keeping with an agreement with the Guyana Public Service Union (GPSU), Minister of Natural Resources, Raphael Trotman announced Friday. Still faced with cramped working conditions, the staff was also told by GGMC Board Chairman, Stanley Ming that work has begun to find a plot of ...

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New tax chief has “resolute stance” against corruption

Newly appointed Commissioner-General of the Guyana Revenue Authority (GRA) Godfrey Statia vowed to go after corrupt practices in the tax collection agency during several tours of the authority’s locations. “Amidst the many handshakes and light conversation, the new Commissioner-General gave the assurance of his open door policy and his resolute stance against corrupt practices which has tainted the image of ...

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New measures, including being barred from leaving Guyana, announced to rake in GYD$ Billions in outstanding student loans

Graduates and students of the University of Guyana (UG), who fail to repay tuition fees, will soon be barred from leaving the country, Finance Minister, Winston Jordan announced Friday. “All information on recalcitrant borrowers will be eventually put at all immigration points and we will also set up a desk at the same time for those who will be stopped ...

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CXC launches Green Engineering syllabus in Guyana

The Caribbean Examinations Council (CXC) on Thursday launched its Green Engineering Syllabus in Guyana Giving an overview of the syllabus at the launch held at the Theatre Guild, Parade Street, Kingston, Georgetown, subject panel member, Dr. Paulette Bynoe said the Caribbean Advanced Proficiency Examination (CAPE) Green Engineering subject has two units- Introduction to Green Engineering and Application of Green Engineering ...

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Natural gas production not immediately feasible- ExxonMobil official tells parliamentary committee

Although “associated” natural gas has been found along with an estimated 1.4 million barrels of oil offshore Guyana, a top official of ExxonMobil on Wednesday said because of the comparatively small gas find it would not be immediately feasible to exploit that fuel. Country Manager for Esso Exploration and Production Guyana Limited (EEPGL)- ExxonMobil’s local subsidiary- Jeff Simons explained that ...

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Bai Shan Lin grinds to a halt, Region 10’s small loggers have no buyer

The operations of the Chinese logging company, Bai Sha Lin, have ground to halt and the livelihoods of numerous Guyanese who sold logs to that company have been disrupted, Minister of Natural Resources, Raphael Trotman said Wednesday. “The company’s operations are at a standstill right now,” he said. Briefing the bipartisan parliamentary committee on natural resources, he said Bai Shan ...

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