Cevon’s lays off dozens of workers

The decision by Cevon’s Waste Manage-ment to lay off dozens of its workers with effect from September 1 was taken “as a matter of last resort” and only after it became clear that there was unlikely to be any immediate-term resolution arising out of City Hall’s mammoth unpaid debt of in excess of $300 million dollars to Cevon’s and Puran Brothers, the two garbage disposal companies that had had a protracted contract with City Hall to provide the service in sections of the capital.

‘We never thought this day would come. We kept talking with City Hall and hoping that the Council would put something on the table that could cause us to ride out the difficult period. That has not happened. The truth is that we have no faith in the Council’s intentions. There is the feeling that the amount outstanding is so large that City Hall simply refuses to get its mind around how it will liquidate the debt. I think too that to a certain extent they had come to take us for granted. We had to deal with that,” Cevon’s CEO Morse Archer has told the Stabroek Business…..

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Syndicates awaiting official ‘green light’ on land for gold mining

Local gold mining syndicates are awaiting a commitment in writing from Natural Resources Minister Raphael Trotman which an official of the umbrella body administering the affairs of syndicates says should kick start operations by the groups comprising hundreds of small miners.

Value-added processing plant to be mooted at Gov’t/manufacturers roundtable

A joint public/private sector initiative to realize the setting up of a multi-purpose agro-processing plant in Guyana will be high on the agenda of the second Inter Ministerial Roundtable discourses between government and the Guyana Manufacturing and Services Association (GMSA), Stabroek Business has been informed.

Prospects for the industry going forward

By Raymond F. Trotz ITC Liaison, Guyana: Coconut Industry Development for the Caribbean (CIDC)   It has been almost a year since the staging of Guyana’s first Coconut Festival and there have been many queries on its outcome and possible repetition.

Students for mining, oil and gas orientation programme

At least thirty young Guyanese from various local communities will shortly be experiencing a novel learning opportunity designed to equip them with skills that will open up possible employment opportunities in the country’s mining and oil and gas sectors.

T&T financial sector pushing accelerated diversification from oil and gas

Even as Guyana becomes increasingly preoccupied with the 2020 timetable for the commencement of oil and gas recovery, the ongoing efforts of Trinidad and Tobago to diversify its economy away from the fossil fuel ought to be an object lesson for the new kid on the block as far as the fossil fuel sector is concerned.

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