Day: September 25, 2010

The Guyana Bauxite and General Workers Union (GB&GWU) recently issued a five-day ultimatum to Oldendorff Carrier to proceed on industrial action if the company refuses to come to the bargaining table with an appropriate proposal. The ultimatum expires on September 27 and the notice was duly issued consistent with Article 6:3 of the Collective Labour Agreement. The Union and company have been locked in negotiation for increased wages and improve working conditions for year 2010, since June.

This evening, a family of five is left homeless, after fire which emanated from the ceiling destroyed their home. The Rajkumar family reported smelling something burning, and upon investigating found the ceiling ablaze, Within minutes the fire spread throughout the house, as the family ran for safety. Luckily no one was injured in the blaze, but the house was gutted, leaving the family with millions in losses.
 

The main opposition party asked, when will the President authorise a full independent investigation of the apparent mismanagement, malfeasance and downright illegalities which contributed to the demise of CLICO (Guyana)? 

Chief Justice (Ag), Ian Chang, according to a recent report, ordered that the Bank of Guyana be appointed as liquidator to execute the wind-up order and this is expected to pave the way for the government to make good on its assurance of guaranteeing the policies and investment held by Guyanese in CLICO.”
 

  An ambitious gold production target of over 400,000 ounces of gold for 2010, has the Guyana Gold and Diamond Miners Association (GGDMA) calling on miners throughout Guyana to increase their gold declarations and production.