Business

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 ...

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 ...