Business

Revelations in the audits reports being released by the Ministry of Finance have suggested that corrupt practices were a feature of the former administration and drastic action needs to be taken against those responsible for it. This was the contention of political activist and executive member of the Working Peoples’ Alliance (WPA) Dr. David Hinds who called on the APNU+AFC ...

Minister of Business, Dominic Gaskin on Thursday rejected claims  and instead he called on the private sector to team up with government in developing a long-term strategy to reduce reliance on primary products that account for the bulk of export earnings. “We are not the ones with an economic crisis on our hands and this is important because a crisis ...

The Guyana Civil Aviation Authority (GCAA) is probing the flipping of a  light aircraft at Bath Settlement while taking off from an airstrip at Bath Settlement, West Coast Berbice. Air Services Limited (ASL) said the accident involving a Cessna 206 aircraft registered as 8R-GMA occurred at about 5:45 PM. The domestic airline said no one was injured. “The   five occupants ...

Officials of the Cheddi Jagan International Airport, the Chairman and Executive Management of Caribbean Airlines and representatives from the Civil Aviation Authorities of Guyana and Trinidad and Tobago met in Guyana today to explore solutions to the issue currently affecting transit passengers who purchase duty free.    The duty free issue arose as Caribbean Airlines is an international air carrier, ...

Deputy Mayor, Sherod Duncan on Tuesday said if cabinet gives the green light to the parking meter proposal, he would stay silent but would not back down from his concerns that there was no transparency and the companies are little known. Duncan said he supports the need for parking meters to earn revenue and regulate the overflow of traffic across ...

Guyana on Sunday strongly refuted claims by Caribbean Airlines Limited (CAL) that Guyanese duty free rum purchases made at the Cheddi Jagan International Airport (CJIA) were being seized from transiting passengers in Trinidad in keeping with security requirements by that country and the United States’ (US) Transportation Security Administration (TSA). A top official of Guyana’s aviation sector laid the blame ...

Guyana’s Minister responsible for Local Government, Ronald Bulkan on Sunday said the Georgetown City Council would be asked to halt the parking meter project while central government ensures that there is transparency and that the municipality rather than the investor earns the bulk of revenues “There is significant moral and financial consideration to request of the council to stay their hand until ...

The cash-strapped University of Guyana (UG) is set to increase existing fees and possibly introduce new charges and ask government to amend tax laws to allow for individuals to make donations, according to the institution’s newly-appointed Vice Chancellor, Professor Ivelaw Griffith. “We will have to have a conversation about how much but we will have to have a graduation fee,” ...

Construction of the long-planned Specialty Hospital has hit a major snag now that India has ruled out financing the project with Fedders Lloyd as the contractor because that company has been barred by the World Bank due to improper practices. Minister’ of State, Joseph Harmon told a news conference that the decision was communicated in a letter in June , ...

Guyana’s Cheddi Jagan International Airport (CJIA) is threatening to ban Caribbean Airlines Limited (CAL) from flying to and from that airport unless it sticks to an agreement that allows Guyanese travelling to other destinations to take their duty-free purchases with them. ‎ Minister responsible for Civil Aviation, David Patterson explained that the CJIA has written to the Trinidad and Tobago-owned ...