Business

Euronews has announced it will be extending its reach in the Caribbean thanks to a deal with Digicel Play in Jamaica and Trinidad & Tobago. Euronews’ English service will be fully available for the first time in Jamaica thanks to Digicel Play and will extend its distribution in Trinidad& Tobago thanks to Digicel. Euronews is currently broadcast to 722,000 households in the ...

Urban entertainment and global media group, TRACE, has inked an agreement with total communications and entertainment provider, Digicel, making TRACE Urban, the first international urban music channel, and TRACE Sport Stars, the world’s premier sport celebrity channel available on Digicel Play, its fibre TV service in Jamaica and Trinidad & Tobago. In a statement issued by Digicel, the company says ...

The Guyana Telephone and Telegraph (GTT) appeared set to go ahead with offering a voluntary retirement package of a 100 percent payout of pension contributions to employees who are 55 years old and have served the company for at least 10 years. In a statement issued by the telecoms provider, no mention was made of giving into the demand by ...

The Mon Repos branch of the Bank of Baroda was Friday afternoon robbed by three masked men armed with a handgun, Head of the Criminal Investigations Department, Senior Superintendent Wendell Blanhum said. The five-minute incident occurred at about 12:50 PM. He said the RK Security Guard, who was on duty at the time, was relieved of her .32 service firearm. Police ...

Scores of sugar workers that are attached to the Wales Estate descended on Parliament Buildings on Thursday afternoon in staunch protest of a decision by the Guyana Sugar Company (GuySuCo) to shut down the estate. They shouted “Don’t Close Wales,” “We need sugar,” “Long live Wales Estate” and “Dont close no estate,” while their placards read “No to the closure ...

A strong supporter of the Alliance For Change and businessman Robert Babal has been named  Chairman of the Board of Directors of the Guyana Power and Light (GPL). Badal, the owner of the Pegasus Hotel in Georgetown, is a known supporter of one of the governing political parties in the coalition and even spoke at election campaign events. In recent ...

State Minister Joseph Harmon has described the situation that the Guyana Sugar Corporation (GuySuCo) was faced with as an “economic nightmare” even while assurances were being given that stakeholders would not be jeopardized. Harmon at a post cabinet press conference on Wednesday defended the decision by GuySuCo’s management to close the estate and the Government’s support of the said plan. ...

Opposition Leader Bharrat. Jagdeo Wednesday said the People’s Progressive Party Civic (PPPC)-led administration had planned to secure a US$50 minion line of credit from India to rehabilitate the sugar factories. He pledged to help the coalition administration to get the money. “We can work with them ‎ to mobilise 50 million dollars,” he told a news conference at Freedom House, ...

The Wales sugar estate has been in a sinking economic state, and over the years, finances were shuttled from the estates which were performing to support that West Demerara estate. This was made clear by Chief Executive Officer of the Guyana Sugar Corporation (GuySuCo), Errol Hanoman during a televised interview on the National Communications Network (NCN) Tuesday evening, hours after Opposition ...

Leader of the Opposition Bharrat Jagdeo says that the move by the APNU+AFC administration to cease all operations at the Wales Sugar Factory and  Estate of the Guyana Sugar Corporation (GuySuCo)  is a direct assault on supporters of the Opposition People’s Progressive Party (PPP) but it will not bode well for the country. Jagdeo, addressing cane-cutters , residents and others at ...