Category: News

Less than 10 days away from General and Regional Elections in Guyana, the incumbent coalition administration rushed a sod-turning event for the construction of two more hotels, despite the investors still in negotiations with the potential brand partners. The sod-turning ceremony was held on Wednesday at Plantation Ogle, East Coast Demerara (ECD), where approximately 21 acres of prime real estate lands have been sold to Caribbean Marketing Enterprise Inc (CMEI) – a local company formed by a group of foreign investors – to construct two “international flagship” hotels. While there…

ExxonMobil on Wednesday said that it has nearly 1900 Guyanese supporting the company’s activities and has spent some G$45.7 billion in Guyana since 2015. According to the company, the G$45.7B was spent with hundreds of local vendors, adding that in 2019 alone, more than G$24 billion was spent directly on more than 700 Guyanese vendors providing goods and services ranging from food to engineering. The oil giant stated that 74 per cent increase in expenditure compared to G$14 billion spent with Guyanese vendors in 2018. “Concurrently, the number of Guyanese…

The Ministry of Finance has compiled and released its first report on the Government’s management of the oil sector since first oil started in December, revealing among other things that no revenues were earned by the Government for that month. Rather, the report states that all petroleum from December will go towards profit oil, of which the Government will be entitled to half. Moreover, the amount will be credited into a special account called an under/over lift account. The report also goes on to explain why no oil was lifted.…

Director, Department of Energy, Dr. Mark Bynoe, on Monday, travelled to the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel to witness the transfer of Guyana’s first million-barrel lift of crude onto the oil tanker Cap Philippe, which was chartered by Shell Western Supply and Trading Limited, the Ministry of the Presidency has reported. In an invited comment, while on the vessel, Dr. Bynoe iterated that this is a significant moment in Guyana’s history and noted that this first lift is part of the country’s profit oil allocation. He…

The Education Ministry has announced the decision to close public schools on March 2, 2020, in order to facilitate the usage of those public buildings as polling places for the General and Regional Elections. This was communicated by the Ministry in a Public Service Announcement. It was explained that approval was granted for all public schools to be closed. This, it noted, would facilitate the “smooth operations of General and Regional Elections”. There has been much talk about polling places in recent days, with the Guyana Elections Commission announcing only…

– GAWU says it’s another false promise Broken promises surrounding returning the sugar industry to a profitable industry have resurfaced once again, during the A Partnership For National Unity/Alliance For Change (APNU/AFC) coalition manifesto launch for the March 2020 elections. According to the manifesto, an APNU/AFC coalition GOVERNMENT will secure and preserve the livelihood of some 10,000 sugar workers who are still employed by GuySuCo as it continues its programme of restructuring the industry. However, this does not sit well with the General Secretary of the Guyana Agricultural and General…

With over one billion dollars needed to restore the dilapidated City Hall, the Georgetown Mayor and City Council (M&CC) on Wednesday officially launched its Comprehensive Restoration and Sustainable Conservation Management Plan, which, so far, was kickstarted with its first donation of some five million dollars. The restoration and management plan launched by the M&CC was conceptualised after the findings of a study conducted by the European Union several years ago. The assessment plan was done to the tune of G$64 million and specifically focused on the physical and structural state…

…despite sabotaging previous efforts to build one In only one sentence— so small it is easy to miss— in the A Partnership for National Unity/Alliance For Change (APNU/AFC) manifesto, the coalition party promises to construct a specialty hospital, despite sabotaging previous efforts to build one in Guyana. While the Opposition – People’s Progressive Party/Civic (PPP/C) – has already announced that once it retakes the reign of Government, it will revive the project, the APNU/AFC, in its 32-page manifesto which was released on Friday, now promises it will construct and operationalise…

Family and friends of the late Jude Bentley picketed the Georgetown Magistrates’ Courts, calling for charges to be initiated against retired Rear Admiral, Gary Best – an executive member of the People’s National Congress, the dominant party currently in Government, who struck down the 41-year-old national cyclist on February 8 on the Rupert Craig Highway. Best was taken into custody where he was found to be above the legal alcohol limit but was subsequently placed on G$100,000 station bail. Speaking with the media on Tuesday, Bentley’s cousin, Gary Wiltshire said…