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Author Archives: Denis Chabrol

Guyana conducting study on economic impact of aviation industry

Junior Minister of Public Infrastructure, Annette Ferguso says a study is underway to determine the economic impact of the airline industry on Guyana.  She made the announcement at: a ceremony to mark the inaugural flight of the Suriname-headquartered Fly Allways airline that will initially serve the Paramaribo- Guyana- Barbados route.  Ferguson said the study began two months ago and is ...

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Critchlow Labour College refuses govt subvention; Finance Minister says “we offer what we can afford”

The Critchlow Labour College (CLC) has refused an estimated GYD$15 million subvention because it was less than half of what the previous government had provided to that institution. However, Finance Minister Winston Jordan said that is all government could afford and other trade unions’ education initiatives are also receiving grants that would amount to more than GYD$30 million. General Secretary ...

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Parking Meter project on hold until City Council considers govt’s review

City Mayor, Patricia Chase Green said the parking meter project would no longer begin on September 1 to make way for the Council to consider the proposed way forward by Central Government. Councillors at Monday’s (August 8, 2016) statutory meeting were given packages containing the review and recommendations by the Attorney General, Basil Williams and the Finance Minister, Winston Jordan. ...

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President outlines three-pronged approach for protection, management of Guiana Shield

President David Granger Monday evening called for a three-pronged approach to be adopted for the effective protection and preservation of the Guiana Shield. The Ministry of the Presidency said that approach includes the establishment of a scientific research institute, the setting up of strong mechanisms for data and information sharing and adequate investment and funding. The Head of State made these remarks at ...

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Transparency Institute condemns City Hall for going ahead with parking meter contract

The Transparency Institute of Guyana Inc. (TIGI) has slammed the Mayor and City Council for forging ahead with the Parking Meter project despite deep-seated concerns about the apparent opaqueness of the transaction from the inception. “That this project is allowed to continue in its current configuration in spite of a legal basis for enacting a new and transparent process, is ...

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CBS2 Exclusive: Woman dismembered by boyfriend in Guyana receives new arms, hands in New York

ALBERTSON, N.Y. (CBSNewYork) — Some New Yorkers have given an extraordinary donation to a young woman who endured a horror. The woman was mutilated by an abusive boyfriend, and her children were killed. As CBS2’s Carolyn Gusoff reported exclusively to the woman, Natasha Houston. The simple act of pushing open a car door is a struggle for Houston, in what ...

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GRA going after VAT cheats; VAT exemption criteria to be overhauled

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia on Monday  announced that tax agents would be deployed to go after businesses that cheat the 16 percent Value Added Tax (VAT) amounting to billions of dollars. “We also have to shift our resources into the enforcement mode and go behind the businesses for them to comply so we are ...

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Govt agrees to repay NIS money invested in failed CLICO

Guyana’s social security system, the National Insurance Scheme (NIS) , is set to receive a GYD$5.6 billion cash injection over the next 20 years to compensate for a loss of money in the failed Colonial Life Insurance Company (CLICO). He said Cabinet has approved the government repaying NIS through non-negotiable Guyana government debenture certificates over a 20 year period at ...

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Guyana’s economy improves, despite rice, sugar shortfalls

Guyana’s economy has registered an improvement during the first six months of the year largely due to improved gold performance but it is projected to decline slightly due to poor performances of rice and sugar, Finance Minister, Winston Jordan said Monday. “This very good performance was attributed mainly to growth in the mining and quarrying sector,” he said. He said ...

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