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first_imgSeveral market women at the Redemption Market in Gardnersville were during the weekend joyous after an unroofed portion of the market was renovated by the “Friends of Dr. George Beyan Samah” of electoral District #12, Montserrado County.Speaking to reporters during the dedication ceremony, a spokesperson for the women said, “For several months we were left under the rain and sun due to the lack of a roof over our market and so we are grateful to the organization that has provided us with shelter.”The spokesperson said marketers decided to seek for help from the “Friends of Dr. Samah” due to its engagement in community-based projects in the district.“We do not even know how to express our appreciation to the friendship, because we have gone through lots of difficulties. So we are thankful to the ‘Friends of Dr. George Beyan Samah’ for coming to our aid,” she said.The market women also highlighted the need for national government and stakeholders not to neglect them in the nation building process, because they play a vital role in the society.“The mothers of a majority of our top government officials today are or were once market women, so we should not be overlooked,” the head of the Marketing Association, Martha Nagbe noted. In his remarks, the sponsor of the project, Dr. George B. Samah, said his organization saw the need to come to the aid of the market women because of the constant calls for assistance the women made.He added that more than US$2,000 was spent on the renovation project.“We have undertaken several projects within the district, including the newly dedicated US$45,278 bridge, road projects and US$2,510 for the drainage project in the Chicken Soup Factory Community, but the appreciation today by our mothers and sisters for this market is overwhelming,” Dr. Samah said. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


first_imgNew Demerara River bridgeBy Gary EleazarThe Guyana Government is forging ahead with its plans to construct a new Demerara River bridge currently pegged at US$170 million, minus additional costs such as the mandatory accompanying road networks, but given the cost of the entire project, it is not feasible without the input of billions of dollars annually fromAn artist’s impression of what the new bridge across the Demerara River will look likeGovernment.This warning is encapsulated in the feasibility study which was commissioned by the coalition Administration at a cost of in excess of GY$150 million.According to the Dutch consultants LievenseCSO, “The project is financially not viable without support from the Government.”The findings have since indicated that the revenues from toll make up for the operation expenditures but cannot support the debt service and that the toll rates can be increased but there is a limit to that since “a too large increase would make the toll unaffordable for many of the people who have to use the bridge.”While the consultants did indicate that there seems to be strong appetite and sufficient liquidity in the financial markets of Guyana and the region to fund the project, since loans or bonds and preferred cumulative shares issues provide for the required funds, “this so-called Project Financing Structure requires a Government supported Special Purpose Company (SPC).It was pointed out that a Private Public Partnership (PPP) structure like BOOTAn artist’s impression of the proposed flyover at the West Bank Demerara junction(Build, Own, Operate and Transfer) whereby an investor signs a concession agreement with the Government to build and operate the bridge and in which the concessionaire has to arrange the financing “can only be successful if the Government provides (contribution) support…and certain guarantees.”The required debt service, according to the consultants, weighs heavily on the financials of the project and is high in comparison with the operational expenditures.Debt service includes interest and repayments of loans or bonds and generally the loans/bonds are medium-term and require yearly repayment and together with the interest, the yearly cash needed for debt service is considerable, “as a result of the high debt service, it was concluded that the project is not financially viable without a contribution from Government to support the cash shortfall.”The consultants in their report acknowledged that the Government expressed the wish to maximise funding from the non-government sector in order to limit the Government’s contribution to the funding of the project as much as possible.The consultants have since determined that this “means that the Project has to be structured in a Public Private Partnership (PPP), i.e. a Built, Own, Operate and Transfer (BOOT) type of arrangement or a Project Finance structure whereby the commercial banks and (institutional) investors are involved, or an intermediate structures like DBFM (Design, Built, Finance and Maintain).”According to the Consultants, for the new bridge a SPC is assumed, in that it holds the assets and operates and maintains the bridge.In case of a project finance structure, the Government will be the sole owner/shareholder of the SPC, as envisioned by the consultants.In such a scenario, the Public Infrastructure Ministry and the Finance Ministry will be the two governing bodies and the SPC will be a legal entity with limited liability under the laws of the Cooperative Republic of Guyana.According to the consultants, the investment is budgeted at approximately US$150 million of which approximately 20 per cent will be denominated in Guyana dollars.“The national Guyanese portion has been maximised as much as possible to allow maximum application of the liquidity and appetite available in Guyana and to optimise the natural hedge (revenues in G$ versus operational expenditure and debt service in G$).”The report has also taken into account the limits for increasing the toll rates are set by affordability, social responsibility, willingness to pay and what is politically acceptable as well as the fact there are no alternatives for crossing the Demerara River safely except for the ferryboats.According to the consultants, it was concluded that none of the projected toll increases are not nearly enough to cover for the Debt Service as well, even with the highest increase of toll rates of 200 per cent on top of the existing toll rate.As a result, the Government will have to arrange a contribution (subvention) on an annual basis to cover the gap between the revenues and the cost.The consultants noted that the main reasons for the need for significant Government contribution are the short period of the financing in combination with the high interest rates.Meanwhile, as it relates to taxes and dividends, the contracted consultants have determined that it is assumed the project is exempted from paying Import and VAT taxes and that dividends are only paid out if the project makes a profit, that is, positive Net Profit After Tax (NPAT).last_img read more


first_imgAn accountant who works with a city contractor has been left traumatised after being robbed of a large sum of cash by two masked gunmen.Reports are the accountant was ambushed by the gun-toting duo during a daring daylight robbery on Friday afternoon.This newspaper was told that at about 14:22h, the accountant, after withdrawing a large sum of cash, left the bank and proceeded to a Bel Air, Georgetown, residence to pay workers.Reports are that the accountant placed the money in a bag and had it in the front seat of his car while driving. When he arrived at the Bel Air, Georgetown location and was in the process of exiting his vehicle, a car pulled up alongside him. Two gunmen donning masks jumped out of the car and rushed towards him. This newspaper was told that they pointed the gun at him and demanded that he hand over the bag with cash. Realising that the accountant was hesitating, one of the gunmen then threatened to shoot him.Reports are the petrified man handed over the bag. As the armed bandits rushed back to the awaiting car, they fired a shot in the accountant’s direction before escaping. The bullet did not hit the victim.Meanwhile, the sound of the gunshot alerted persons in the area and they rushed out to ascertain what was transpiring. The Police were notified and went to the scene.Commander of Region Four (Demerara-Mahaica) Sub-division A (Georgetown), Assistant Police Commissioner Edgar Thomas, when contacted, told Guyana Times that no one has been arrested but that ranks are currently following leads.He noted that the area where the robbery occurred has security cameras and the footage from these cameras will be reviewed.last_img read more


first_imgPenny Gagnon, Executive Director of the CDC, explains that the outdoor is still in the development stages, but is intended to be a “nature-inspired” environment for its children. “Research tells us that when children play in natural environments, their play is more imaginative and creative play fosters language and development,” she says. “We know that nature buffers the impact of life stress on children and the greater the amount of nature exposure, the greater the benefits.” Encana has previously supported an inside playground in Dawson Creek, and Fiona Liebelt, Community Relations Advisor, says the energy company is excited to help out in Fort St. John. – Advertisement -“As a part of Encana’s community investment program, we invest in environmental initiatives that target environmental education while also supporting the needs of our communities,” she maintains. “The Child Development Centre provides greatly needed services and programs for the community of FortSt. John and we are proud to support this initiative that is fundamental to future generations.”last_img read more


first_imgArsenal travel to unbeaten Leicester City on Saturday as they look to get their Premier League campaign back on track. The Gunners suffered a damaging defeat to rivals Chelsea last time out and could be eight points adrift of the leaders by kick-off. However, Arsene Wenger’s much-changed side did secure a heartening win over north London neighbours Tottenham in midweek, so the Frenchman will have a few selection dilemmas ahead of the trip to King Power Stadium. After his match-winning display against Spurs, Mathieu Flamini will be hoping to earn his first league start of the season, while Theo Walcott and Olivier Giroud will be battling for the nod to play up front. Do you agree with this predicted line up? Let us know your thoughts below…  6. Laurent Koscielny (centre-back) 14. Theo Walcott (striker) 11 11 11 17. Alexis Sanchez (left wing) 11 11 11 33. Petr Cech 11. Mesut Ozil (centre-midfield) 11 18. Nacho Monreal (left back) 11 24. Hector Bellerin (right back) 19. Santi Cazorla (centre midfield) 16. Aaron Ramsey (right wing) 4. Per Mertesacker (centre-back) – take a look at the full line up, in squad number order, by clicking the arrow above! And let us know what you think of our predicted Arsenal team by leaving a comment below… 11 11 20. Mathieu Flamini (centre midfield) 11last_img read more


first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl event“They learn the everyday practical knowledge they need in the real world,” Aronsky said. “Kids today know how to do algebraic equations but not how to write checks.” Aronsky strives to combine the worlds of business and education in his classes and pulls from his 30 years of experience as a teacher and 17 years as a computer programmer and customer service supervisor for a telephone company in Florida. His work has earned him recognition by the California Business Education Association, which is honoring the 52-year-old with the Outstanding Business Educator award for middle and junior high schools. He receives the award today at a conference in Monterey. The New Jersey native also teaches keyboarding and an introductory computer class at the school and is working on a career path of courses that students would start in middle school and continue through community college. In the end, they could graduate with specialized certificates and enter the work force in fields such as medical billing, coding and closed captioning. “Not every kid goes to college,” he said. “You’ve got to make them marketable.” SANTA CLARITA – Pulling up her portfolio online, 12-year-old Teresa Kim checked how her stock did the previous day and let out a sigh of relief. It was up. Her investments were looking good. The seventh-grader learned how to buy and sell stocks, invest and make other financial decisions in a business math class at La Mesa Junior High. The stock assignment was done with pretend money. Taught by Jeffrey Aronsky, the class aims to show students about the practical side of life and the role math has in it. Check writing. Shopping. Buying cars. And while his pupils learn the practical side of life through these courses, it also brings some basic learning skills to others. For 14-year-old Jordan Bautista, learning the keyboard provides another way to master English. The eighth-grader from Colombia typed and retyped words from his textbook onto his computer screen: sag, wag, rag, hag. He paused after typing each one and softly pronounced the words to himself. Across the room sat Kristyna Underwood, a 14-year-old with autism. Through the class she has learned the keyboard and her reading skills have improved, said mother Colleen Underwood, who helps Aronsky with the class. The Santa Clarita mother said the class has connected with her daughter because the skills involved are direct, and autistic children don’t typically do well with abstract types of work. “She learned to type and her reading has excelled,” said Colleen Underwood, who now plans to get her daughter a computer at home. Sitting behind his desk, Aronsky watches his class at work. A few teddy bears, toy cats and other stuffed animals – presents from former students – adorn his work area. Suddenly the theme song to the 1970s TV show “Welcome Back Kotter” sounds from his computer, an alert that a new e-mail has arrived. He laughs and explains that it’s a reference to his high school in New Jersey, where he once attended and then returned to teach after college. His career took him to Florida, where he taught part time at an adult school and later moved to full-time work. But after layoffs hit the area, the vocational teacher found himself out of a job. Then he came to California. It was supposed to be a vacation. He ended up with a job at La Mesa, where he’s worked for four years shaping his courses. “I’m only beginning now,” Aronsky said. “I’m only warming up.” sue.doyle@dailynews.com (661) 257-5254160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more


first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventLocal 776 President Pat Lane was unavailable for comment to The Associated Press on Monday, but he told the Fort Worth Star-Telegram and The Dallas Morning News for their Monday editions that the work schedule proved to be a point of contention. Lockheed was calling for a 9-80 work schedule under which employees would work nine days and 80 hours every two weeks, with overtime paid after the 80th hour. Employees were opposed to the schedule, Lane said, and Lockheed agreed to maintain its current five-day, 40-hour work schedule. Employees will still receive overtime pay after eight hours daily and 40 hours in a week. The deal included a $2,000 bonus for union members. It also includes wage increases of 4 percent this year and 3 percent in each of the next two years, including an increase in the minimum hourly rate for new employees. Under the deal, employees will pay a larger share of insurance premiums for health care, but the out-of-pocket expenses are capped. Shares of parent Lockheed Martin Corp. rose 13 cents, to close at $73.94 on the New York Stock Exchange.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! FORT WORTH, Texas – Union workers at Lockheed Martin Aeronautics Co. accepted a new contract with higher wages and a limited increase in employee contributions to health care costs. The International Association of Machinists and Aerospace Workers Local 776 approved the three-year deal Sunday with 82.5 percent of those present voting in favor, according to a union statement. The 3,700 union members build F-16, F-22 and F-35 fighter jets at the Fort Worth plant. Lockheed officials said in a statement that the contract is “fair and equitable.” “The proposal was the result of good-faith negotiations between the company and the union bargaining committees,” Lockheed spokesman Joe Stout said. last_img read more


first_imgFounders of Uppiddee David O’Neil and Killian McMahon.A Donegal Gaeltacht company has been shortlisted for the AIB Start-up Academy award. The award is a joint venture between The Irish Times and AIB that aims to support start-up ventures by providing them with expert information and networking opportunities.Uppiddee, based on the Udaras na Gaeltachta business park in Downings, provides an online wellbeing software solution for colleges, sports teams and businesses that gathers and analyses cognitive wellbeing data to improve performance and retention. It has been described as ‘fitbit for the mind’. More than 400 start-ups from all over Ireland applied for this year’s AIB Start-up Academy and the judges chose Uppiddee as one of those to shortlist.The successful candidates have all completed a pitch deck, which will be used to further shortlist the candidates on Friday, 29th January. The successful shortlist of candidates will then be required to complete an elevator pitch to the judging panel in early February, from which 11 finalists will be chosen to participate in the Start-Up Academy Programme.Uppiddee has just completed a very successful pilot with Letterkenny Institute of Technology (LYIT). The progressive and successful collaboration with LYIT has allowed Uppiddee to initiate discussions with 10 more third level institutions in Ireland and the UK. The company is now in talks with major organisations like Version1, Coca-Cola and CIE Group and a number of professional and amateur sports teams in Ireland and the UK.From its base in Downings, Uppiddee hopes to improve cognitive wellbeing and performance around the world. DONEGAL COMPANY SHORTLISTED FOR NATIONAL AWARD was last modified: January 25th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more


first_imgDaniel and Majella on board the plane taking them from Dubliln to LA to start their world cruiseMAJELLA O’Donnell has branded the way British cops are treating pal Cliff Richard as “disgraceful”.Daniel O’Donnell’s wife spoke out over how the investigation of sex abuse allegations had been allowed to drag on, without any sign of charges being brought against the 75-year-old star.Majella said: “What is happening is inhuman and should not be allowed. Why has he not been cleared yet? “He hasn’t been arrested or charged after almost two years. It is disgraceful! Shame on the British police.”The story first hit headlines in August 2014 when the BBC broadcast live footage of South Yorkshire Police raiding Cliffs’ home in Berkshire, UK, as the singer holidayed in Portugal.Majella and husband Daniel were later photographed in Albufeira with Cliff where he owns a vineyard.The couple, who described Cliff as “first and foremost a friend,”, said his name should not have been released to the media by UK police. Majella said: “They hadn’t even spoken to the man. He would be the very first person to say that any person that has had an allegation made against him should absolutely and most definitely be investigated.”The singer’s family has also been speaking up for the first time about the way allegations are being investigated.MAJELLA SLAMS COPS’ TREATMENT OF PAL CLIFF AS ‘DISGRACEFUL’ was last modified: February 23rd, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Cliff RichardDanieldonegalMajella O’Donnelllast_img read more


first_imgDoe Castle in all its splendour.A new visitor experience is to be unveiled at Doe Castle by RTEs Sean O’Rourke on Saturday 23 July at 11am.The new information panels tell the story of the building of the castle and the lives of some of the people who lived there over its 500 year history.Doe, which sits on a secluded spot on the shore of Sheephaven Bay just off the R245 between Creeslough and Carrigart, was one of several strongholds of Mac Suibhne na dTuath – The McSweeneys of The Territories – which were given to them by the O’Donnells. Some say the central part of the castle or keep, and surrounding walls, were built in the 1420s by Nachtan O’Donnell. RTE presenter Sean O’RourkeSome highlights of Doe‘s colourful history include the rescue of Spanish Armada sailors in 1588; and the departure in 1642 of Owen Roe O’Neill and Sir Phelim O’Neill from the castle with 1,500 men to lead the Irish troops in the Gaelic uprising of the 1640s.Maolmhuire an Bhata Bhuí, or Myles of the Yellow Stick, who marched to Kinsale in 1601 with Red Hugh O’Donnell, was the last McSweeney chief of Doe.Three hundred years later, in 1905, Doe’s McSweeney origins were rekindled when three thousand people marched from Creeslough to attend a Gaelic Revival Festival at the castle. It was led by the celebrated Donegal piper Turlough McSweeney, An Píobaire Mór. Pádraig Pearse, signatory of the 1916 Proclamation, addressed the meeting.Free guided tours of Doe Castle are available at the weekends on Fridays, Saturdays and Sundays during July and August between 11am and 5pm. The castle grounds are open to the public 7 days a week all year round, from 10am until 6pm.RTE PRESENTER TO OPEN NEW CASTLE TOURIST ATTRACTION was last modified: July 12th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Doe CastledonegalSean O’Rourkelast_img read more