NICIL still negotiating with Chinese co. over US$5M owed for GTT shares

The National Industrial and Commercial Invest-ments Limited (NICIL) is currently still engaged in negotiations with Hong Kong Golden Telecom Limited (HKGT) to settle the Chinese company’s remaining payment for its purchase of government shares in the Guyana Telephone and Telegraph Company (GTT).

“I hope we will reach a decision this year,” NICIL Chief Executive Officer Horace James told Stabroek News during a brief comment at his office last Wednesday.

In March last year, Minister of State Joseph Harmon and a delegation controversially travelled to China to engage in discussions with regard to the payment of the US$5 million balance owed to the government for the purchase of 20% of GTT shares by Chinese company Datang Telecom Technology and Industry Group, ….

Comments  

Ali smashes century as England beat West Indies

England’s Moeen Ali celebrates his century Action Images via Reuters/Peter Cziborra   BRISTOL, England,  (Reuters) – Moeen Ali hit the second fastest one-day international century in England’s history to set up a win over West Indies by 124 runs today.

Kenya’s chief prosecutor orders investigation into election board

Keriako Tobiko   NAIROBI, (Reuters) – Kenya’s chief prosecutor has directed the department of criminal investigations and the anti-corruption commission to investigate election board officials over possible offences in the invalidated Aug.

One brother fatally shot by bandit in East La Penitence robbery, two others injured

A family preparing for a memorial service today was attacked by armed bandits in East La Penitence and one brother succumbed to bullet wounds and two others have been admitted to hospital.

Dominica has been brought to its knees – PM tells UN

Prime Minister Roosevelt Skerrit of the Commonwealth of Dominica addresses the general debate of the General Assembly’s seventy-second session.

Main suspect in Berbice boy’s murder accused of being serial abuser

Residents of East Bank Berbice were in anger and disbelief yesterday as the decomposing body of 13-year-old Leonard Archibald, who was raped and then dumped into the Berbice River, was finally found, while the main suspect in the crime was accused by young boys of carrying out a series of attacks on them over a number of years.

By ,

Your browser is out-of-date!

Update your browser to view this website correctly.

We built stabroeknews.com using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now

×