Month: November 2017

Guyana Stock Feeds slated to become 100% privately owned

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– as Govt seeking buyers for shares It seems that the Guyana Sugar Corporation (GuySuCo) is not the only commercial enterprise the Government intends to withdraw State involvement from. Next on the agenda for a complete private takeover is the Guyana Stock Feeds Incorporated (GSFI). In a notice originating from the National Industrial and Commercial Investments Limited (NICIL), bids to purchase the Government’s shares in GSFI were invited from reputable organisations. It is understood that NICIL holds 6.68 per cent of the total shareholding of the company, with the other…

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Cocaine cases increased by 44%, marijuana cases decreased

TIMES INT'L

– as Crime chief reveals statistics for Jan-Oct 2017 As law enforcement officers ramp up the fight against the narco-trade, recent Police statistics have revealed that 421 persons were charged with trafficking in narcotics offences. These numbers, for the period January-October 2017, were revealed by acting Crime Chief Paul Williams. Of the 421, 310 persons were charged with marijuana offences while 111 individuals were charged for cocaine-related offences. The statistics showed that the 310 marijuana possession cases reflected a decrease of 171 cases as the corresponding figure during the same…

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Guyana’s classification of a middle-income country means fewer concessions on public external loans- Debt report

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Many of Guyana’s developmental loans were negotiated on concessionary terms. But Guyana’s new status as a middle-income country is expected to bite, with the Finance Ministry’s Public Debt Annual report signalling an impending end to these concessions. According to the report, most of Guyana’s public external debt was contracted on a fixed interest rate basis. A fixed interest arrangement ensures that the interest rate a borrower has to repay along with the principal sum does not exceed a set limit. At the end of December 2016, the fixed interest rate…

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Climate Change anyone?

TIMES INT'L

The 2017 UN Climate Change Conference (COP 23) — held in Bonn, but actually hosted by Fiji — was wrapped up last Friday on a more positive note than had been expected, after US President Donald Trump’s bellicose opposition to the COP 21 agreement crafted in Paris two years ago. That agreement had committed the countries gathered to collectively limit global warming to 2 degrees Celsius, the tipping point for irreversible climate change. The fly in the ointment being that individual national targets had not been made mandatory, the goal…

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Everest Masters beat Guyana-UK CC by 6 wickets

TIMES INT'L

Everest Masters defeated the Guyana-UK Cricket Club from London in a friendly T20 game played at Everest Cricket Ground on Friday November 10, 2017. Batting first the visitors posted 109 for 8 off their 20 overs with Navin Persaud hitting an attractive 65 (2×6; 3×4) and Raj Nanan supporting with 16 (1×6; 1×4). Former Guyana First Class player, Rohan Sarjoo was the best bowler for the Everest Masters with 3 for 18 while the experienced Johnny Azeez bagged 2 for 21. In the run chase, Everest Masters got 37 from…

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Norton hails GKC for successful grading exercise

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Minister of Social Cohesion with responsibility also for Culture, Youth & Sport Dr George Norton praised the Guyana Karate College (GKC) for hosting a successful grading exercise for 2017 while continuing to promote the ancient arts. Students from its various Dojos assembled last Friday evening at its main impermanent Dojo located in Thomas Lands for the third of the yearly triennial rank examinations. Minister Norton was present for the entire examination which saw approximately 70 students participating. The Minister told the Karatekas that the competition in the international arena is…

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Guyanese women bring home Gold!

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By Michelangelo Jacobus The Guyanese Women’s National Hockey team will head to Barranquilla, Colombia in July of 2018 as the top ranked Caribbean team after they beat hosts Jamaica in the Final of the Central American and Caribbean (CAC) Games qualifiers last Sunday. It was a close contest for the most part of the game with both the Guyanese and the Jamaicans’ defence holding firm as the attackers tried their utmost to put their respective teams in front; however the first half remained goalless. The game was turned on its…

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Mahadeo, Duke walk away with ‘Pairs’ Title

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– Dongo cops ‘Strongman’ accolade In the first ever “Pairs” competition at the GTM-sponsored Health and Fitness Expo last Sunday at the Cliff Anderson Sports Hall, Semonica Duke and Dillon Mahadeo reigned supreme, amassing 300 points. The duo, last year’s “scaled” male and female champions at the event, competed across a series of challenges which tested strength and endurance. Among those challenges were pull-ups, lunges, burpees and other physical activities. Timothy McAndrew and Shawnell Warner copped second place with 280 points, while Stephen Fraser and Delice Adonis came in third…

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Ming advocates for new generation of racers

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– views radicals as financially efficient for CMRC Veteran Racer and businessman Stanley Ming is adamant that a new generation of racers should be developed in the Caribbean. “Stop and reflect on what it is you are trying to do for motor sports in the Caribbean and whether it is you are going to concentrate on the older generation of racers or you will focus on building a generation of young people to participate at the sport at the highest possible level”. Ming’s comments came as he addressed the gathering…

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Prince, King among champion racers

TIMES INT'L

– as Guyana finishes 2nd at CMRC Guyana will just have to wait until next year to once again savour the success of winning the Caribbean Motor Racing Championship (CMRC) title after finishing second to two-time defending champions Trinidad and Tobago who scored a whopping 1267 points after the 2017 season concluded last Sunday at South Dakota Circuit. This announcement was made by Chairman of the Caribbean Motor Racing Association (CMRA) Silbourne Clarke on Monday evening at the annual presentation ceremony and dinner held at the Ramada Princess Hotel, East…

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