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News

Bitter row in GMSA over CCJ’s US$6 M award to Surinamese company; lawyers also scold GMSA for “irresponsible” statement

Guyana’s legal fraternity on Saturday chided the Guyana Manufacturers Association (GMSA) for calling on government not to pay a US$6 million compensation awarded to a Surinamese beverage company, Rudisa, by the Caribbean Court of Justice (CCJ), even as that business organisation grapples with a serious rift over the unauthorised issuance of a statement on the matter one week ago. Former ...

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UN team arrives to explore another means of settling Guyana- Venezuela border controversy

A United Nations (UN) will from Saturday begin a fact-finding mission to Guyana to explore another way of settling the decades-old border controversy with Venezuela, the Foreign Ministry announced Friday night. The UN Mission is led by Chief of the Americas Division, Department of Political Affairs of the United Nations. The mission, which will meet with top government and opposition ...

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CDB makes Emergency Relief Grant available to Dominica

BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) has announced that an Emergency Relief Grant of USD 200,000 is being made immediately available to the Government of Dominica in the wake of Tropical Storm Erika. Heavy rains from Erika impacted the island on Thursday causing loss of life and widespread devastation. The grant is being provided in accordance with the ...

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Legal, administrative hurdles about to be cleared for local govt elections

The Guyana Elections Commission (GECOM) says government has promised to pilot legislative changes through the National Assembly to pave the way for the holding of Local Government Elections (LGE). The elections management authority says government has also promised to issue an order for the Local Authority areas where the polls will be held and also widen the boundaries to take ...

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Govt mulls bailout of cash-strapped NIS

Finance Minister, Winston Jordan on Friday announced that government could soon be going into the Consolidated Fund to bail out the cash-strapped National Insurance Scheme (NIS). Contributing to the debate on the amendment of the Income Tax Act, he said it would be a “real struggle” to find GUY$5 billion to put back into the social security scheme to which ...

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Guyana offers to rush relief to storm-ravaged Dominica

Guyana’s government and opposition on Friday united in expressing solidarity with the people of Dominica whose island has been devastated by Tropical Storm Erika. Prime Minister Moses Nagamootoo announced that Guyana was read to rush relief to the Caribbean island where 12 people were killed, 20 others missing,  buildings demolished and bridges and roads washed away. “The government and people ...

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Finance Minister denies refusing to answer opposition questions on budget

The Finance Minister has denied dodging budgetary questions during scrutiny of the 2015 estimates as is being touted by the People’s Progressive Party (PPP). The opposition is bitter over the fact that scrutiny of the estimates was reduced to three days and claimed that the Finance Minister himself was “arrogant” and not forthcoming with information. During a press conference a ...

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Govt’s proposed Berbice Bridge toll reduction in limbo

While the government has vowed to reduce the Berbice Bridge toll as at September 1, they now fear that delay tactics are being employed to frustrate the fulfillment of that 100 day campaign promise. This is according to Minister of Finance Winston Jordan during post-Cabinet’s weekly press briefing Friday August 28. The Minister pointed out that despite previous discussions held ...

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UG not in need of student loan subvention- Finance Minister

Minister of Finance Winston Jordan says that the University of Guyana was not alloted anusums in the 2015 Budget estimates because there is enough in the agency’s revovling fund. The Minister was responding to opposition allegations during Cabinet’s press briefing Friday August 28.The People’s Progressive Party (PPP), in scrutinizing the budget estimates, pointed out that there was nothing allocated to ...

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Caribbean fishing industry ends meeting on upgrading food safety systems

Industry figures and government officials from across the Caribbean fishing industry Tuesday wrapped up two days of talks here acknowledging they were at the very early stages of introducing a new regime for safe seafood for local and international consumption, according to the Caribbean Regional Fisheries Mechanism (CRFM). The two-day meeting was part of a European Union-funded project to help ...

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