Business

Finance Minister, Winston Jordan prefers to cautiously approach the idea of conditional cash transfers from Guyana’s oil earnings to poor ordinary Guyanese, even as the Alliance For Change (AFC) backed the idea and promised to lobby its coalition partner to refine and take it on board. Welcoming the debate triggered by Distinguished Economics Professor, Clive Thomas’ call for the transfers, ...

Another People’s Progressive Party (PPP) presidential candidate hopeful, Charles Ramson Jr. Wednesday morning openly disagreed with his party’s frontbencher, Anil Nandlall’s belief that cash transfers of oil revenues to the poor will culture parasites. “Regrettably, I therefore have to say I disagree entirely with the statement by Anil Nandlall about cash transfers creating parasites and his statement is his personal ...

Opposition People’s Progressive Party (PPP) presidential candidate hopeful, Anil Nandlall and two Economists are opposed to direct cash transfers of some of Guyana’s oil revenues to very poor households. “What the data shows is that policies of this nature develop a degree of dependency that destroys the human initiative. It destroys families, it destroys communities. It creates not only a ...

Guyana’s Ministry of Public Health on Tuesday said smoking of tobacco, e-cigarettes or any narcotics is prohibited at the Caribbean Premiere League (CPL) Games. “The Ministry of Public Health wishes to advise the general public that smoking of cigarettes, e- cigars or any narcotic substance will not be allowed  during the Caribbean Premiere League (CPL) cricket matches at the Guyana National ...

A recommendation by Distinguished Economics Professor, Clive Thomas that cash from oil earnings should be transferred directly to poor Guyanese on certain conditions was Tuesday welcomed by two United States-based Guyanese experts.. Economics Professor, Tarron Khemraj  supported the idea of cash transfers but highlighted the need to make those funds work for people in the long-run. “While cash payment is ...

The United States (US) State Department Monday evening said a number of American government workers have moved out of the Pegasus Hotel following Sunday night’s fire in the kitchen. “Guyana Security Alert: There was a fire at the Pegasus Hotel in #Georgetown on August 5. Reports indicate some fire alarms did not sound and some fire doors were locked. As ...

The Guyana government is said to be gravely concerned about the alleged assault of a Guyanese gold concession ranger by a Russian and the matter could very well reach Cabinet, according to well-placed sources. Interior Divisional Police Commander, Superintendent Kevin Adonis confirmed receiving a report from Ranger, Ken Edwards alleging that he was performing duties last Friday at about 10 ...

In the wake of Sunday night’s fire at the Guyana Pegasus Hotel, guests have raised concerns that no alarm was sounded to alert guests and patrons to evacuate the building. Chief Fire Prevention Officer of the Guyana Fire Service, Andrew Holder confirmed claims by several guests that the fire exits were locked at the time of the fire. Holder said ...

Internationally renowned Guyanese Economics Professor, Clive Thomas on Sunday recommended that poor Guyanese households receive conditional yearly cash transfers from oil revenues, but an executive member of the Guyana Oil and Gas Association (GOGA) is cautioning that such a formula can be used as a political football. Addressing a forum organised by The Buxton First of August Movement on the ...

Women’s experiences in forest management are being harnessed to help reduce the emission of greenhouse gases that cause climate change events such as droughts, floods and storms. The Ministry of Natural Resources Project Execution Unit (PEU) of the Forest Carbon Partnership Facility (FCPF) Project, in collaboration with the Inter-American Development Bank (IDB), on Friday began a series of workshops across ...