Business

A businessman was shot by bandits Wednesday afternoon when he attempted to intervene in a robbery nearby his business premises on High Street, Werk-en-Rust, Georgetown. Police said the  owner of G.A. Imports saw a robbery in progress and went inside for his licensed firearm. On returning, one of the bandits opened fire on him. “As soon as he returned to the front ...

The Guyana Water Incorporated (GWI) Wednesday said it has commenced evaluating a food based agent, Seaquest, which has the ability to improve water quality by reducing the effect of iron present in water. The programme is part of GWI’s overall water quality improvement programme being executed by the company’s Scientific Services and Technical Services Departments.  The product is being evaluated ...

Guyana Goldfields has drilled GYD$20 million into several major social welfare projects across the country under its Children’s Needs Development Initiative. The presentations by Guyana Goldfields Inc./Aurora Gold Mines Inc’s Corporate Social Responsibility (CSR) on Wednesday February 24, 2016 at the Herdmandston Lodge, Peter Rose and Lamaha Streets, Georgetown. Guyana Gold Fields through the Children’s Needs Development Initiative has been able to provide ...

Western diplomats, preparing to observe the upcoming Local Government Elections (LGE), have given the Guyana Elections Commission (GECOM) high marks for preparations for the polls, but the country’s leading business organisation believes that more voter education could have been done. “We are confident that the preparations that would have been made by the Guyana Elections Commission are adequate to ensuring ...

Amid a decision by the Guyana Sugar Corporation (Guysuco) to call of all talks with the Guyana Agricultural and General Workers Union (GAWU) and possibly scrap the first crop if a one-day strike continues, the union Wednesday said it would call off the industrial action if there is a “reasonable time-frame” for the holding of long-overdue wage and salary negotiations. ...

Students of the Practical Instruction Centre (PIC) will soon be taking classes and examinations in a more conducive environment, with the rehabilitation of the colonial wooden building in Kingston, Georgetown through a grant from Digicel (Guyana). Demerara Waves Online News was told that the project is as a result of a Digicel Group competition called “Waves” that the Guyana operations ...

Public Infrastructure Minister David Patterson has revealed that Guyana will only be receiving 5%-10% of power generated from the proposed Mazaruni hydro-power plants if the project is completed. Guyana had partnered with Brazil to conduct a feasibility study of the Upper and Middle Mazaruni to determine the potential of hydro-power development in the area. The focus was to develop a hydro-power ...

  As Guyana gears up for the celebration of 50 years of Independence, the Communities Ministry through the Central Housing and Planning Authority (CH&PA) has announced a promotion for House lot applicants. Junior Communities Minister Valerie Patterson revealed that persons who would have been allocated house lots and have paid more than 50% of the total cost of the house ...

Guyana is among several Caribbean countries expected to receive assistance from the Caribbean Aviation Safety and Security Oversight System (CASSOS) to help reach a year-end deadline set by the global aviation watchdog agency to meet certain conditions. Speaking with Demerara Waves Online News following the opening of the 17th CASSOS Board meeting at the Marriot Hotel, CASSOS Chairman Nari-Williams Singh ...

(UPSTREAMONLINE.COM).-ExxonMobil has spudded its highly anticipated appraisal of the Liza oil discovery off Guyana. The US supermajor has also begun seismic work on the adjacent Canje block after completing a farm-in deal. Drillship Stena Carron has spudded the Liza-2 appraisal after sailing to ExxonMobil’s Stabroek block off Guyana from the Canary Islands, where it had been idle for more than ...