Business

An 18-year old man was Monday afternoon killed after a mining pit at an illegal operation caved in on him, authorities said. Police identified him as Trenston Sebastian of Kurukubaru, Region 8. The Guyana Geology and Mines Commission said the incident occurred in the Konawaruk area Mining District 2 at a mining pit that was operating without approval. “It was also ...

Plans are underway to build a multi-million dollar fish-processing plant at Victoria, East Coast Demerara where at least 200 direct jobs could be generated. “We won’t be able to hire everybody out of Victoria but there will be a need for employment of people from the area,” Proprietor of Global Seafood Distributors and Chairman of the African Cultural and Development ...

Passengers flying aboard Jamaica-based airline Fly Jamaica will no longer have to endure the painstaking experience of having to disembark the flight en route to the United States to undergo a second security check after leaving Guyana. The American policy implemented by their Transportation Security Administration (TSA) has been in place for a number of years, restricting all non-American airlines originating ...

Fire of unknown origin late Saturday night destroyed a bond belonging to Avinash, a local haberdashery chain. Fire Chief, Marlon Gentle told Demerara Waves Online News that investigators suspect that the fire was “deliberately set.”  He said no one was injured at the bond which is located between the LBI Public Road and Railway Embankment. A probe has so far ...

Guyana’s state broadcaster- National Communications Network (NCN)- has taken the first step to begin relaying radio and television programmes across the country via satellite, a move that Prime Minister Moses Nagamootoo said is partly linked to securing the country’s sovereignty. “Guyana is ours! All of Guyana is ours-our Essequibo and the rest of Guyana- so that now we have capacity ...

The Ministries of Social Cohesion and Indigenous Peoples’ Affairs, Friday, March 11, 2016 inked a Memorandum of Understanding (MoU) with Guyana’s Institute of Applied Science and Technology (IAST) for the provision of research and development, sustainable business development and analytical services. The agreement was signed between Minister of Social Cohesion, Ms. Amna Ally, Minister of Indigenous Peoples’ Affairs, Mr. Sydney ...

The Canada-headquartered oil exploration company, CGX Energy, has plugged US$5,000 into a plan to reprint the Makushi Language book, Makushipe Komanto Seru, and has pledged to raise the remaining US$10,000 from other businesses to ensure that copies are available in time for Guyana’s jubilee celebrations in May, 2016. The Government Information Agency quoted  Chairman of the CGX Board of Directors, Dr. ...

The Wai Wai  Amerindians-who travelled hundreds of miles to Kingston, Georgetown to rebuild the Umana Yana-were Friday finally paid for their labour, one day after their leaders protested that the multi-million dollar payment was taking too long. Guyana’s Ministry of Indigenous Peoples Affairs announced that the 35 builders were paid “in full” GYD$14,175,000 for direct labour costs and the remaining GYD$16,364,138 was ...

The International Monetary Fund (IMF) has issued a caution to the Guyana Government over growth in public sector wages and non-performing loans. This is after a team from the international body met with Government Ministers Winston Jordan, Raphael Trotman, David Patterson and Central Bank Governor Dr Gobind Ganga. In a release on the website, the IMF noted that Guyana’s economy ...

In a bid to revive coastal village economies, cultural organization, African Culture and Development Association (ACDA) is taking the lead in reviving and creating several industries that will boost economic village activities. The dormant billion -dollar artisanal fishing industry is being touted as the first area of interest even as the agency works to provide assistance in other sectors. ACDA has invited persons living on ...