Daily Archive: Friday, February 29, 2008

Articles published on Friday, February 29, 2008

Sea wall embankment

A news item in the January 21 edition of Stabroek News referred to the damage that has been done and continues to be done to the seawall embankment along the Rupert Craig Highway by the large, unregulated Sunday gatherings.

GPL being plundered!

Illegal “hookups” and other forms of electricity theft across the country are costing the Guyana Power anf Light Company (GPL) more than two and a half billion dollars in lost revenue annually and according to the company’s Chief Executive Officer Bharrat Dindyal stamping out a problem which he says is strangling the electricity generation sector is not as simple as it may appear.

Security fears compound VAT, industry regulation problems, dry up tourist resort occupancy …Gouveia

Concerns over visitor safety in the wake of the recent attacks at Lusignan and Bartica by gunmen that left twenty-four people dead “have all but shut down several of the country’s interior nature resorts,” compounding an already difficult situation for the country’s tourism sector, according to Managing Director of the Roraima Group of Companies Captain Gerry Gouveia.

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.

Berbice gains energetic win

Berbice began their defence of the Guyana Cricket Board (GCB)/ Castrol sponsored under-15 Inter-County title with an energetic 106-run win over Essequibo yesterday at the National Stadium, Providence.

France steals the show

The old adage `save the best for last’ proved a truism on Wednesday when the eight-man round robin finals of the men’s division of the national table tennis championships began at the Cliff Anderson Sports Hall.

Allen to campaign in US, possible

National middleweight boxer Lennox Alleyne will soon be campaigning in the United States of America (USA) under a contractual deal that was organized by popular boxing enthusiast in the USA, Cameron Dunkin.

Downes stuns Arjoon in straight games

Oliver Kear-Downes pulled off a stunning upset over two- time Caribbean under-15 champion Alexander Arjoon on Wednesday evening in the ‘A’ category of the Guyana Squash Association’s Toucan Industries Junior Squash Mash tournament.

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Dear Editor, I am of the opinion that the bandits are on the East Coast and were at Nooten Zuil where they murdered a man and took his engine.

We used to be more developed than Singapore

Dear Editor, In 1965, a mere two years before Guyanese independence, the visionary Lee Kuan-Yew boldly took control of the reins of leadership in a newly independent Singapore at which time our native Guyana combined with Jamaica, Barbados and Trinidad and Tobago were literally years ahead of poor, tiny, struggling, impoverished Singapore.

PNCR congratulates Raul Castro

The PNCR has congratulated President Raul Castro on his election to high office in the Republic of Cuba even as it recalls the fertile relations Guyana shared with that country under former President Fidel Castro.

Judges salaries up

The salaries of the Chancellor, Chief Justice, every Justice of Appeal and every Puisne Judge have been increased as at December 14, 2007, through an Order by Minister of Finance Dr Ashni Singh which he made under the Constitutional Offices (Remuneration of Holders) Act.

Cut VAT to 10%

With the Value Added Tax (VAT) and the Excise Tax reaping some $36.7B, way over projections for 2007, PNCR-1G Member of Parliament Winston Murray yesterday called for the 16% VAT to be chopped to 10% and pointed out that the party had supported the new tax regimes on the basis of a projected take of $24B.