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GPL hopes to ease blackouts by mid-December, amid private sector concerns

The Guyana Power and Light (GPL) hopes to reduce frequent blackouts by December 15, 2023 by buying  28 megawatts of generating capacity and repairing a 7.8 megawatt generator at its Kingston power plant, Public Works Minister Deodat Indar said Thursday. “Between now and then, the load-shedding would have to be managed,” he told a news conference. He said the current ...

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Migrants from Venezuela, who are eligible, should be allowed to vote in elections- Jagdeo

General Secretary of the People’s Progressive Party, Bharrat Jagdeo on Thursday indicated that Guyanese, who have returned from Venezuela, and their offspring who have all come here to flee the crisis in that country should be allowed to vote in Guyana’s general elections. “The reality is they are here now and so, based on our constitution and the laws of ...

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Govt, opposition agree to push back parliamentary sitting for resolution against Venezuela

Guyana’s government and opposition on Wednesday agreed to reschedule the sitting of the National Assembly to unanimously approve a resolution against Venezuela’s escalating plans to use next month’s referendum to disregard the International Court of Justice (ICJ) and possibly annex the Essequibo county. Officials said Chief Whip for the Government and Minister of Parliamentary Affairs and Governance, Gail Teixeira met ...

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Brazil, US, OAS Secretary General urge peaceful resolution of Guyana-Venezuela territorial controversy

Amid concerns by Guyana that Venezuela’s military is increasing activity on their side of the border, Brazil and the United States (US) on Wednesday reiterated at the Organisation of American States (OAS) that there must be a peaceful settlement of the territorial controversy over the Essequibo county. US Ambassador to the OAS, Francisco Mora told the OAS’ Permanent Council that ...

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Commonwealth stands with Guyana against Venezuela

The Commonwealth Secretary-General the Rt. Hon. Patricia Scotland, KC has expressed deep concern at the 21 September decision of the Venezuelan National Assembly to undertake a referendum on the status of the Essequibo region, part of the sovereign territory of the Government of the Cooperative Republic of Guyana set for 3 December. Speaking on the escalation the Secretary-General said: “The ...

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Govt to address opposition concerns about preparation for united parliamentary resolution against Venezuela

The opposition coalition of A Partnership for National Unity+Alliance For Change (APNU+AFC) on Tuesday expressed concerns about preparation for a unanimous parliamentary resolution on Venezuela’s claim to Guyana’s Essequibo county, prompting government to say it was ready to meet Tuesday night or Wednesday morning and that statistics on the number and location of Venezuelans here would be provided very soon. ...

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Guyana asks World Court to block questions in Venezuela’s referendum

Amid concerns by Guyana and the Caribbean Community (CARICOM) that Venezuela is about to use the December 3 referendum to seize Guyana’s County of Essequibo, the International Court (ICJ) has been asked to block certain questions from being put to a popular vote. The ICJ has already determined that it has jurisdiction in Guyana’s substantive case that the 1899 Arbitral ...

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Caribbean Private Sector Organisation begins preparations for CARICOM’s challenge to solve transportation problem

The Caribbean Private Sector Organisation (CPSO) has almost immediately taken up a call by Caribbean Community (CARICOM) governments to solve transportation woes by finding a blend between public sector incentives and private sector investments with financing by the African Export-Import Bank (AFREXIMBANK), CPSO Chief Executive Officer Dr Patrick Antoine said Tuesday. He said CPSO representatives on Tuesday held talks with ...

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AFREXIMBANK to help fast-track payments to Guyanese oil sector contractors

Guyanese suppliers to the oil and gas sector would soon no longer have to wait for long periods before they are paid monies by contractors after the Guyana government inks a trade facilitation agreement with the African Export–Import Bank (AFREXIMBANK), President Irfaan Ali said Monday. “We’ve talked a lot about the payment gap for  the suppliers of services to the main ...

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African Import-Export Bank may finance Guyanese oil exploration company

The Guyanese oil exploration company, SISPRO Inc; is likely to source some of its financing from the African Export–Import Bank (AFREXIMBANK) through the local merchant bank, NewHayven, President Irfaan Ali announced on Monday. NewHayven , which is headed by United States-based Guyanese Floyd Haynes, was launched in July 2022. Addressing the opening of the 3rd African-Caribbean Trade and Investment Forum (ACTIF) ...

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December 2023