Business

Pre-World Cup city cleanup: “We’re cutting it fine,” Lewis

With Cricket World Cup 2007 now just two months away the financial crisis gripping the Georgetown City Council continues to cast a huge pall of uncertainty over the likely success of what is clearly a “last ditch” effort to at least render the capital presentable for the Guyana leg of the world’s largest international cricket tournament.

VAT: Lowering consumer costs is the highest priority

Although the government had said prior to the implementation of Value Added Tax (VAT) that the initial phase of the exercise was unlikely to pass without some hiccups, one wonders whether even the Guyana Revenue Authority (GRA) had anticipated the widespread and animated public response and the level of general concern that has ensued.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

VAT fallout

Earlier this week the Guyana Revenue Authority and sections of the local private sector- specifically the Georgetown Chamber of Commerce- clashed head-on over the implementation of the new Value Added Tax (VAT) with both sides trading accusations about the veracity of each other’s actions.

Banks DIH group profits for 2006 down from $823m to $781m

Chairman of Banks DIH Ltd Clifford Reis says in his report on the performance of the company for the year ended September 30, 2006 that the failure of the Government of Guyana to honour its obligations for the repayment of bonds to Citizens Bank Guyana Inc was the primary reason for the less than anticipated level of after tax profit achieved by the bank in 2006.

Where is your Business?

Basically, every organization, from a one person start-up to multibillion dollar conglomerates, is at some phase of a business growth or development cycle.

Town Week impasse could rob Linden of much-needed economic activity

The controversy between the Interim Management Com-mittee of the Linden Mayor and Town Council and the Kashif and Shanghai Organization over the payment to the Council of fees for the staging of the 2007 Linden Town Week may rob the entire community of the economic benefits that could derive from the successful staging of the event, according to Director of the Kashif and Shanghai Organization Kashif Mohammed.

ICTs in Government Pt. II

Last time we saw that Government initiatives to automate and streamline its services fell into three classifications viz., those initiatives aimed at ordinary citizens or for short G2C initiatives, those that addressed issues related to business called G2B and lastly those referred to as G2G, which foster communication and between government agencies themselves in an effort to improve efficiency and provide better service.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

NIS reform programme seeks to use customer service technology

The enhancement of employee capacity and improvement of information technology associated with upgrading the customer care and service delivery capacity of the National Insurance Scheme (NIS) has been identified as one of its major priorities under a reform project aimed at overhauling critical aspects of its operations.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Legal arguments submitted in Guymine bond case in Commercial Court

Lawyers for the plaintiff, Citizens Bank Inc, and the Defendant, the Attorney General representing the State of Guyana, have lodged written submissions with Justice Roy in the Commercial Court in the case that involves US $21.4 million worth of bonds issued by the Government of Guyana to the creditors of Guymine when that state-owned company was restructured in 1992.

Commercial Court

The Guyana Power and Light (GPL) Inc is continuing its campaign to bring defaulters on electricity payments to justice and recently won judgement in three cases brought before Commercial Court Judge BS Roy.

Most Read This Week

  1. Guyanese teen dies in NY accident

  2. Court rules in favour of Arjoon

  3. Ample evidence of probable cause that Bisram had carpenter murdered

  4. Dynamic Airways files for bankruptcy

  5. Three Guyanese miners shot dead at Venezuela camp – Police

  6. Overseas-based Guyanese shot and robbed after leaving bank

  7. Businessman testifies about runaround to report presidential assassination plot to cops

  8. Four High Court judges for swearing in today


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