Business

The Private Sector Commission says it concerned about media reports of the recent search, by officials of the Guyana Revenue Authority, of the home of the Commissioner General of the agency, Mr. Khurshid Sattaur, and the seizure of various items belonging to the GRA. Following is the remainder of the statement The Commission is both perturbed and concerned at this treatment ...

The Acting President of Transparency Institute of Guyana Inc. (TIGI) Compton Meerabux says that Junior Natural Resources Minister Simona Broomes should relinquish all her interests in Guyana’s lucrative gold mining sector. Broomes was recently relieved of her duties as Social Protection Minister and appointed Natural Resources Minister. Questioned by Demerara Waves on Wednsday, Broomes admitted to owning claims in the ...

There will be no more US$3,000 signatures for Duty Free Concessions, says Natural Resources Minister Raphael Trotman who said that government would now be looking to engage miners bi-monthly to address some of their concerns. The Minister at a press conference today stated that he was made aware that some persons would pay as much as US$3000, for him to sign ...

Junior Minister of Natural Resources, Simona Broomes Wednesday denied that she is in a conflict of interest position because she has interests in the mining sector. “I don’t see it as a conflict of interest. I have three mining properties in the Issano area and Pharsalus and I had  a contract gone back years and if they are to mine the ...

Some 15,000 ounces of raw gold are being transported out of Guyana weekly, says Natural Resources Minister Raphael Trotman who disclosed that the Federal Bureau of Investigation and United States (US) Homeland Security are looking into the issue. Trotman made the disclosure at a press conference on Wednesday detailing that while some of the gold comes directly from Guyana, some ...

TORONTO, Jan. 5, 2016 /CNW/ – Guyana Goldfields Inc. (TSX:GUY) announced that gold production for 2015 mining operations totalled 35,901 ounces at its Aurora Gold Mine (“Aurora”) in Guyana, South America. From October 1, 2015 to December 31, 2015, the Company produced 35,723 ounces of gold, of which, 28,850 ounces were sold at an average realized price of $1,079 per ...

Digicel Business, the region’s leading Business Solutions provider, announced today that it has retained its Cisco® Gold Certification as well as the Master Cloud Managed Services Provider designation for its operations across the Caribbean – the highest levels of partner certifications from Cisco. “We are thrilled to have retained these certifications, which make Digicel the most certified telecoms partner in ...

Days after stating that the Ministry of Tourism has been dissolved, government Tuesday night assured that tourism has not been put on the ministerial back burner but has instead been twinned with Public Telecommunications. However, a tourism industry stakeholder still believes that the sector will not be given the required attention given the burdensome nature of telecommunications. The National Frequency ...

Amid growing concern about the role of military intelligence in civilian operations like the one mounted against the National Industrial and Commercial Investments Limited (NICIL), the Guyana Defence Force (GDF) Tuesday said Sergeant Robert Pyle was involved in a “legitimate operation” last week when he died in a vehicular collision. “Defence Headquarters wishes to notify the public that the late ...

Consequent to the appointment of Cathy Hughes as Minister of Public Telecommunications, the APNU+AFC has taken a decision to dissolve Guyana’s Ministry of Tourism and have its functions usurped by the new Telecommunications Ministry. According to a release from the Department of Public Information, cabinet took the decision to make the switch. The switch comes along with the transfer and reappointment ...