Tag: Lawson

 

Protest against VAT on private education continues

The following are scenes from today’s protest (Photos by Padmini Ujraj)  The group maintained that they will continue to protest the action by government for as long as it takes for the taxation on private education to be revoked. In light of the Government maintaining that the Value Added Tax (VAT) on private education will continue pending revisions in 2018, another silent demonstration was held in front of the Ministry of Presidency today.The gathering of a significant amount of adults and children were seen holding placards against the tax on private education implemented by Government earlier this year.Speaking to media operatives today, several persons continued to decry the Administration’s decision to continue with the taxation measure, highlighting that it “just adds to the burden to live in Guyana.”One mother of four said that her children, who are all at the primary level, were not admitted into private educational institutions because she is wealthy, but because the private schools have more to offer than the public system.“The government is saying they’ve invested 17 percent of the budget into the public system but they’re not taking that money to pay the teachers adequately, they’re paying that money to try to fix the broken public system. The best teachers are forced to leave the public system to go to the private schools. That’s why i send my children there.” Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedCitizens up pressure on Govt to reverse decision to VAT private educationFebruary 28, 2017In “latest news”Against public outcry: President says 14% VAT on private education remainsMarch 2, 2017In “Business”PPP calls for ‘immediate removal’ of VAT on educationFebruary 27, 2017In “latest news” read more

 

Banro start to gold production from Twangiza DRC imminent

first_imgBanro’s Twangiza gold mine (IM, February 2008, pp8-26) is on schedule to pour gold in Q4 2011 and ramp up to full production of around 10,000 oz/month early in 2012. Simon Village, CEO said in August: “We are fast approaching a significant milestone for both Banro and South Kivu province in the DRC. Since Banro’s Board made the decision to proceed with development and construction of the Twangiza Mine in the summer of 2009, we have worked diligently to a fast schedule which has allowed our company to pour its first gold in two years, and with weeks to go, we remain on schedule. It will be the first new commercial gold mine in the DRC for over half a century.”The successful activation of this 1.3 Mt/y capacity gold production facility follows 24 months of strict deadlines which have been systematically achieved starting with the plant site and construction camp civil excavation works, that were completed two months ahead of schedule with a total of 1.2 Mt of earth being excavated. The capacity of this plant is planned to be increased to 1.7 Mt/y by mid-2012.Grade control drilling for the initial mining has been completed confirming the resource model’s evaluation, and based on this data an optimised mine plan has been finalised. Pre-strip, which was minimal owing to the outcrop of the reserves at surface, has been completed and mine production commenced towards the end of August. The mine planning is designed to optimise revenue by careful management of the cut off/cut over relationships of the orebody.last_img read more