Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

GPL’s managers are accusing the executive of reneging on an agreement to pay retroactive allowances and yearly incremental increases.

GPL managers stage protest for allowances, increase

Managers of the Guyana Power and Light Inc. (GPL) took to the streets for the second day in a row yesterday to protest over the company’s “callous and slothful approach” to fulfilling promised allowances and an incremental increase that was agreed in principle during negotiations.

GuySuCo secures $30b in bond financing

The cash-strapped Guyana Sugar Corporation is expected to soon begin tapping  a $30B syndicated bond which it has secured from a group of local and regional banks for the revitalisation of its remaining sugar estates.

Christopher Ram

Chris Ram urges land for severed sugar workers

Outlining a six-point plan for thousands of laid off sugar workers, including land for them to earn a livelihood, commentator Christopher Ram yesterday waded into the unions that represent them, government, GuySuCo  and the former PPP/C administration for the state of the industry.

From left are Attorney General, Basil Williams; Acting Chancellor of the Judiciary, Justice Yonette Cummings-Edwards; President David Granger;  Fidela Corbin-Lincoln and Minister of State,  Joseph Harmon after the swearing-in ceremony.  (Ministry of the Presidency photo)

Fidela Corbin-Lincoln sworn in as Puisne Judge

Fidela Corbin-Lincoln was yesterday sworn in as a Puisne Judge and President David Granger said that the integrity of the judiciary requires, in part, that judicial vacancies be filled expeditiously and meritoriously, a release from the Ministry of the Presidency said yesterday.

Precision was placed into receivership by Republic Bank despite purchase offer

At the trial of Precision Wood-working’s lawsuit against Republic Bank (Guyana) Limited for alleged breach of contract, its Managing Director, Ronald Bulkan said he sent various correspondences informing the bank of the financial difficulties plaguing the company and at least one purchase offer it had been made for some US$1m, yet the bank placed Precision in receivership.

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