Daily Archive: Friday, September 30, 2016

Articles published on Friday, September 30, 2016

Five more held over Rio Club fatal shooting

Homicide Detectives assigned to the Rio Inn Night Club incident, this morning searched a house at Hadfield Street, Lodge, during which two unlicensed handguns (.32 pistol and a .38 revolver along with fifteen (15) rounds of ammunition were found, police said today.

 Dancers performing for the audience (GINA photo)

Peace event scenes

Prime Minister Moses Nagamootoo on Saturday addressed a gathering in the compound of City Hall, Georgetown where he declared that, there is no ‘war’ in Guyana and citizens must continue to work together to build the country, GINA said.

Cop charged with rape on $150,000 bail

A police inspector of the Eteringbang Police Station, ‘F’ Division and of Lot 50 Stanleytown, New Amsterdam appeared at the New Amsterdam Magistrate’s Court on Wednesday to answer to the charge of indecent assault and sexual activity with a young child.

NEW ADDITION: Left-hander Darren Bravo bats in the nets ahead of today’s opening One-Day International against Pakistan in Sharjah. (Photo courtesy WICB Media)

Windies hoping to turn corner on poor run

SHARJAH, United Arab Emirates, CMC – On the heels of an embarrassing whitewash in the preceding Twenty20 series, West Indies’ three-match One-Day International series against Pakistan will take on new value when it bowls off here today.

A lot will depend on Georgetown Skipper Christopher Barnwell who made an unbeaten century in the previous round. (Orlando Charles photo)

Top-of-the-table clash highlights penultimate round

The penultimate round of the inaugural Guyana Cricket Board/Cricket Guyana Incorporated three-day franchise league will get cracking today with several matches including the top-of-the-table clash between front runners Lower Corentyne and West Demerara who are in second place.

GDF’s Odesa Romeo (right) trying to keep possession of the ball while being pursued by Tiandi Smith of Foxy Ladies during their matchup at the Camp Ayanganna ground

GDF soldiers riddle Foxy Ladies 8-2

The Guyana Defence Force (GDF) outflanked Foxy Ladies by an 8-2 score line when the National Association for Women’s Football (NAWF) Developmental League continued yesterday at the Camp Ayanganna ground.

We have put a dent in gold smuggling, Trotman says

While the Government of Guyana is optimistic that gold production for this year could reach 600,000 ounces, there is every likelihood that gold smuggling persists despite official efforts to curb the practice, Natural Resources Minister Raphael Trotman has told Stabroek Business.

Satisfied work force critical to strong business environment, stable economy – Lewis

A properly incentivized work force whose rights are respected and whose workplace security and material needs are being met is critical to a stable economy and to the prosperity of the nation as a whole, Guyana Trades Union Congress (GTUC) General Secretary Lincoln Lewis told Stabroek Business shortly after emerging from last week’s meeting of a trade union movement that continues to be fractured by divisions many of which have their origins in political differences.

Adidas in pursuit of Nike

BERLIN, (Reuters) – Closing the gap on clear market leader Nike is the challenge facing new Adidas boss Kasper Rorsted when the Dane takes charge of the world’s second biggest sportswear brand from the start of October.

Caribbean Export Executive Director Pamela Coke Hamilton

World Bank, Caribbean Export launch LINK-Caribbean

Initiatives designed to create a bigger pool of financial resources into which startup, early-stage and growth businesses in the Caribbean can dip to consolidate their growth and expansion received a significant boost earlier this week when the World Bank Group, together with the Caribbean Export Development Agency (Caribbean Export), launched LINK-Caribbean, an investment facilitation programme designed to enable early-stage regional entrepreneurs to raise capital from private investors.

Manchester City salvages draw to remain unbeaten

(Reuters) – Manager Pep Guardiola tempered his delight at Manchester City’s ability to fight back three times in a thrilling 3-3 draw against Celtic in the Champions League on Wednesday by urging his players to understand the importance of a good start.

Starr Computers CEO Mike Mohan engaging GIT students this week

Starr helping prepare next generation of ‘techies’ to transform Guyana – CEO

The local information and communication technology service provider Starr Computers is to accelerate its focus on creating a technology learning centre inside its Brickdam complex for the purpose of helping to prepare the next generation of local ‘techies’ for the task of meeting the requirements of serving Guyana in the “demanding technology age that lies ahead,” the company’s Chief Executive Officer Michael Mohan has told Stabroek Business.

Banks tighten SWIFT system security after hacks

GENEVA (Reuters) – Banks are tightening the security of their SWIFT messaging networks – used by the industry to shift trillions of dollars each day – following revelations that hackers are increasingly able to get into this system to steal money.

Proud of the Town Clerk

Dear Editor, Minister Bulkan’s statement about the Town Clerk’s action in cleaning Robb Street, removing the vendors and executing what was lawful in clearing blocked passages and entrances to legitimate businesses and the filth that had accumulated because of the vendors operating there, was unfortunate and disrespectful to the Town Clerk.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 688’s trading results showed consideration of $1,387,531 from 4,584 shares traded in 8 transactions as compared to session 687’s trading results, which showed consideration of 12,660,375 from 196,803 shares traded in 12 transactions. 

Market Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Kitco Market Data

Gold Prices for the three-day period ending Thursday September 29, 2016Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Trafficking in persons

Trafficking in persons (TIP), or human trafficking, is a relatively new term in everyday parlance in Guyana, and while it has gained tremendous recognition in usage over the past few years, many persons still fail to come to grips with the fact that some activities that might have been considered immoral but not necessarily illegal, now fall within the definition of human trafficking and attract harsh legal consequences.

Public servants wages and salaries: The rhetoric and the reality

We can probably anticipate an animated reply from the Guyana Public Service Union (GPSU) to the forthright comment made by Georgetown Chamber of Commerce and Industry (GCCI) President Vishnu Doerga on the 10 per cent salary increase in public servants salaries offered by the Government of Guyana and which the union says it rejects.