Business

The Guyana Sugar Corporation (Guysuco) Friday warned that it would shut down operations for the current crop if workers do not stop their weekly strike action, even as the cash-strapped entity reluctantly agreed to take a pay-dispute to arbitration. “Such behaviour by the Union would leave the Corporation with no alternative but to put a halt to the current crop until ...

The People’s Progressive Party (PPP) is peeved at the continued operations of the Special and Organised Crime Unit (SOCU) while it remains under the auspices of the Ministry of the Presidency. The latest incident as revealed by Former Attorney General Anil Nandlall was the raid of the Kitty home of a businessman in the wee hours of Wednesday morning. Nandall ...

Government is negotiating a package with Guyana Goldfields to compensate for environmental degradation caused by the mining of gold at Aurora Gold Mines, Minister of Natural Resources Raphael Trotman announced Tuesday. Questioned by People’s Progressive Party Civic (PPPC) parliamentarians during consideration of the estimates for the 2016 National Budget, Trotman declined to say how much money is being proposed. He ...

The High Court has blocked a man from using a hangar at the Cheddi Jagan International Airport  Corporation (CJIAC) to continue the operations of Exec Jet Club which is owned by a Guyanese pilot now facing charges in the United States for bulk cash smuggling and cocaine trafficking. High Court Judge, Dianna Insanally, in the course of ruling, said Deolall Gangadin ...

Guyana Thursday night hailed healthy signs in the international gold price for the first time in seven years. Making his contribution to the 2016 National Budget Debate, Minister of a Natural Resources, Raphael Trotman noted that gold has reached about US$1,200 per ounce. On the London Fix, the price for the precious metal closed at US$1,241 per ounce. Guyana is ...

Regaled as one of the most controversial Vice Chancellors that the University of Guyana has ever seen, Professor Jacob Opadey’s contract with the Guyana Government has expired and is bidding farewell to the publicly funded institution. Opadeyi, already replaced by Acting Vice Chancellor Barbara Reynolds, is currently in his last week at the University and says that he is looking ...

Minister of Communities, Ronald Bulkan Wednesday night signaled that residents in towns and neighbourhoods would  eventually have to pay increased rates and taxes after properties are re-valued following the upcoming Local Government Elections. “Of all of the factors, money is the most important one and therefore determining and establishing the revenue base  if Councils is a priority,” he said. In ...

The Head of the Guyana Agriculture Workers Union (GAWU) and People’s Progressive Party (PPP) MP Komal Chand has disclosed that the sugar factory at Wales Estate is the exact same as the ones at other sugar estates. Chand made the statement while delivering his offerings on the 2016 Budget debate where he flayed the government over the decision to close ...

People’s Progressive Party (PPP) Member of Parliament Dr Vindhya Persaud says she will be forced to withhold her support for Budget 2016 since it lacks tangible projects for the empowerment of women. Persaud made the statement as she delivered her take on the 2016 Budget during the debates on Wednesday. The third speaker for the day, the MP indicated that ...

Even as the Guyana Sugar Corporation begins shedding staff from Wales Estate ahead of its planned closure later this year, the Guyana Agricultural and General Workers Union (GAWU) Monday dismissed plans to provide lands to workers for farming. Reacting to the announcement by Chairman of Guysuco’s Board, Professor Clive Thomas in the privately-owned Stabroek News newspaper at the weekend, GAWU ...