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Finally! ExxonMobil contract to be disclosed in December

The contract between Guyana and United States (US) oil giant, ExxonMobil is to be made public in December, ending months of calls by various stakeholders. Minister of State, Joseph Harmon said government made a “fulsome consideration” of the related matters including widespread calls for the 1999 deal to be released. He said government was committed …

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Thousands of sugar workers being laid off; unions demand compensation

The state-owned Guyana Sugar Corporation (GuySuco) has begun laying off workers from this month-end as part of a restructuring plan of the loss-making entity, but one of the unions on Thursday warned of a massive economic downturn in the sugar-dependent village economies. “It’s going to bring ruination to the communities because all these areas they …

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Guyana Goldfields Inc. (GUY:CA) Declines 8.13% for November 29 – Equities.com


Guyana Goldfields Inc. (GUY:CA) Declines 8.13% for November 29
Equities.com
It was a tough day for Guyana Goldfields Inc. (GUY:CA) as its stock fell 8.13% to finish the day at $4.07 a share on November 29. That reduces the company's market cap to 704.26 million on 173.04 million outstanding shares. Guyana Goldfields Inc. is a ...
A Run Through Guyana Goldfields Inc (GUY.TO)'s TechnicalsBaxter Review

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‘Speak out against errant minibus drivers’- Minister Ferguson

Commuters are being urged to speak out against errant minibus drivers. The call was made by Minister within the Ministry of Public Infrastructure (MPI), Annette Ferguson at a Road Safety Education awareness village hosted at the Stabroek Market Square today. At the event to observe the end of road safety month, Minister Ferguson said despite …

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Mixed private sector reactions to 2018 National Budget

Two private sector organisations on Wednesday expressed mixed views about the 2018 National Budget, ahead of next week’s parliamentary debate on the package of revenues and expenditures. The Guyana Manufacturing and Service Association (GMSA) said while the budget includes several recommendations, a lot has not been done to stimulate and expand manufacturing. “The GMSA was …

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Climate Change Adaptation, a pressing concern – Minister of Agriculture – ReliefWeb


Climate Change Adaptation, a pressing concern – Minister of Agriculture
ReliefWeb
Minister of Agriculture Noel Holder today said Climate Change adaptation is of urgent concern to Guyana and the Caribbean region and called for more preparedness to counter the effects of increased disasters, resulting from predicted growing changes ...

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Caribbean bloc ups tax on US wood imports at Guyana’s behest – Columbus Ledger-Enquirer


Columbus Ledger-Enquirer

Caribbean bloc ups tax on US wood imports at Guyana's behest
Columbus Ledger-Enquirer
Guyana sought the taxes after producers in the South American country complained about competition from cheaper imports. Guyana's economy is heavily dependent on the timber industry, though the country hopes to shift to oil from offshore deposits.

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Caribbean bloc ups tax on US wood imports at Guyana’s behest … – ABC News


Columbus Ledger-Enquirer

Caribbean bloc ups tax on US wood imports at Guyana's behest ...
ABC News
The Caribbean Community trade group has agreed to raise import taxes on U.S. and Canadian wood because of complaints from member state Guyana. Caribbean Community Secretariat spokesman Bernard Black says a tax on imported pine would rise from 5 percent ...
Caribbean bloc ups tax on US wood imports at Guyana's behestColumbus Ledger-Enquirer

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Govt to determine Top Cop’s fate

… when he returns from ‘special leave’ President David Granger on Wednesday told media operatives that when Top Cop, Seelall Persaud returns from his leave in January, his fate will be decided. Police Commissioner, Seelall Persaud This announcement comes on the heels of the Police Commissioner being sent on “special leave” on November 24, 2017- the day he was slated ...

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Windies bowling coach wants to burn New Zealand with pace

Windies bowling coach, Roddy Estwick, is of the belief that Windies’ quicks will be the key to helping the Caribbean side compete in their two-Test series against New Zealand next month. According to Eswick, while the Windies benefitted from their spin attack in Zimbabwe, in New Zealand the conditions will be different. “Here in New Zealand the ball bounces a ...

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