GWI asked to produce financials to support application for rate hikes

The panel representing GWI at yesterday’s PUC hearing. From left: Jaijopaul Ram, Executive Director of Finance; Tiffany David, attorney; Dr Richard Van West-Charles, Managing Director; Marlon Daniels, Executive Director of Customer Service and Relations and Ramchand Jailal, Engineer.

The first public hearing to discuss the proposed rate changes by Guyana Water Incorporated (GWI) saw fierce opposition yesterday from the citizenry, who called for the utility company to produce a record of its accounts before proceeding any further.

GWI’s Managing Director Dr Richard Van West-Charles has undertaken to engage the entity’s board on the possibility of accessing the documents ahead of the next hearing before the Public Utilities Commission (PUC), which is scheduled for February 21st.

“…We don’t have financial statements here at all to deal with rates… when are we going to get down to the business we’re here about today? This cannot be allowed to continue hours and hours. This is ridiculous! It’s entirely ridiculous. We need to have the financial statements here…,” accountant and attorney Ramon Gaskin said as he pointed out that the presentations had gone on nearly 50 minutes and the meat of the matter had not been addressed…..


Greenidge to head delegation to CARICOM summit

President David Granger will not be attending the Twenty-Ninth Inter-sessional Meeting of The Conference of Heads of Government of the Caribbean Community (CARICOM) in Haiti beginning on Monday.

Dozens lose homes in Plaisance mystery fire

Mashramani celebrations ground to halt for several families yesterday afternoon, when approximately 30 persons lost their homes after a fire of unknown origin ripped through three Victoria Road, Plaisance properties, including an apartment building.

By ,

US$3M settlement for outstanding GTT shares payment not finalised

Minister of State Joseph Harmon says that the US$3 million settlement offer made by Hong Kong Golden Telecom Limited (HKGT) on the outstanding balance for its purchase of government shares in the Guyana Telephone and Telegraph Company (GTT) is being actively considered, but the government’s goal is to recover the entire US$5 million that is owed.

Jagdeo questions planned borrowing for sugar estates, revised targets

Opposition Leader Bharrat Jagdeo on Thursday criticised government and Minister of Finance Winston Jordan on the heels of the announced plan to borrow cash from local banks to reopen two sugar estates and to fund critical current and capital Guyana Sugar Corporation (GuySuCo) programmes.

Private sector welcomes new wave of oil job opportunities as boon for local content

The private sector is upbeat about the nearly three dozen-odd opportunities recently advertised in the oil and gas sector as it goes some way towards meeting local content needs, according to Private Sector Commission (PSC) Chairman Eddie Boyer.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built 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