Business

Trans Guyana Airways’ Rayethon Beechcraft 1900D Aircraft
Trans Guyana Airways’ Rayethon Beechcraft 1900D Aircraft

CEO rings alarm bells over state of local aviation infrastructure

If the recently acquired 19-seater Rayethon Beechcraft 1900 D is to provide optimum service to the country’s aviation sector it will have to benefit from upgraded domestic infrastructure including, particularly, an improved network of airstrips at several interior locations.

Workplace inspections will be continuous

Minister in the Ministry of Social Protection Simona Broomes has told the Stabroek Business that she expects to meet with both the Private Sector Commission (PSC) and the Georgetown Chamber of Commerce and Industry (GCCI) “as early as possible in October” to deal with matters pertaining to her ongoing interface with workplaces as regards employer/employee relations.

Dapper Technology CEO Kester Hutson (seated) with company employees
Dapper Technology CEO Kester Hutson (seated) with company employees

Dapper Technology gearing to serve continually growing local IT market

Kester Hutson gives much of the credit for his induction into the world of Information Technology to his two-year stint at the Government Technical Institute (GTI), from 1998-2000, pursuing an Ordin-ary Diploma in Science and to the attention of George H E James, one of his lecturers there.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 635’s trading results showed consideration of $350,450 from 12,100 shares traded in 4 transactions as compared to session 634’s trading results, which showed consideration of $3,894,157 from 198,520 shares traded in 12 transactions.

Port Kaituma Airstrip

Row brewing over maintenance of interior airstrips

A row could be brewing in the country’s aviation sector over just whose responsibility it is to maintain the country’s many interior airstrips following a pronouncement by former Guyana Civil Aviation Authority (GCAA) Chairman Hugh Denbow last week that it was not central government’s responsibility.

GPSU wants state support for public servants’ business initiatives

President of the Guyana Public Service Union Patrick Yarde has said that state-funded projects offering income-generating pursuits for public servants could be a possible option in circumstances where government, over the years, has failed to get around the issue of less than adequate wages and salaries for its employees.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 634’s trading results showed consideration of $3,894,157 from 198,520 shares traded in 12 transactions as compared to session 633’s trading results, which showed consideration of $3,703,901 from 149,420 shares traded in 9 transactions.

Denis O'Brien

Digicel Group seeking to raise US$2b

(Jamaica Gleaner) Digicel Group is seeking to raise US$2 billion through its initial public offering (IPO) on the New York Stock Exchange, most of which appears destined to pay down debt racked up by the company over more than a dozen years of operation.

GGMC `looking the other way’

Long-standing criticism of the effectiveness of the Guyana Geology and Mines Commission (GGMC) in its role as the state oversight agency for the country’s gold-mining sector has been expanded by the conclusions of the recently released four-member investigative report into accidents in the mining sector.

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