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News

Six bids in for Guyana’s first oil block auction

A Guyanese women-owned led company and ExxonMobil are among six separate expressions of interest in Guyana’s first ever auction for oil blocks offshore. The bids were opened by the National Procurement and Tender Administration Board, after several push-back in deadlines that allowed for the passage of a new Petroleum Act and the drafting of a new model Production Sharing Agreement. There ...

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Private sector satisfied with talks to ease foreign exchange bottlenecks

The private sector on Tuesday appeared satisfied with steps that would be taken to ease an apparent shortage of foreign exchange at  commercial banks, even as the Chairman of the Private Sector Commission (PSC), Komal Singh indicated that he was satisfied with the outcome of Monday’s talks. “The meeting yesterday (Monday) was a very fruitful meeting from a private sector ...

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Non-involvement of GTU in President-teachers consultations is union busting- Mc Donald

Amid uncertainty over whether President Irfaan Ali would be holding talks with the Guyana Teachers’ Union (GTU) to discuss salaries and other benefits or he would be relying only on his meetings directly with teachers across the country, the union on Monday accused government of embarking on union busting tactics. “It is a form of union busting and it is ...

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Wide-ranging decisions for exams, SBAs at secondary schools

Secondary school students would now be allowed to cross-stream, and they would no longer have to rewrite exams in 5th Form, Education Minister Priya Manickchand announced on Monday. She told a ceremony to formally open the Maureen Massiah wing of The Bishops’ High School that the directives would be circulated to secondary schools shortly. Ms Manickchand said, “all the national ...

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National Grade Six high performer, father among four dead in vehicle smash-up

An 11-year-old girl, whose primary school performance earned her a place at President’s College, and her father were among four persons who lost their lives in a collision on the De Hoop, Mahaica public road, East Coast Demerara. The Guyana Police Force identified the deceased as 37-year old Jason Rudder of 8 Glasgow Housing Scheme, East Berbice, and his daughter ...

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Substantive Chief Justice, Chancellor to await work of Judicial Service Commission

President Irfaan Ali on Saturday said substantive appointments of the Chief Justice and Chancellor of the Judiciary would have to await the work of the Judicial Service Commission (JSC), even as he steered away from questions about whether he favoured the acting appointees. “That commission will now conduct its work independently; not only the issue of the Chancellor and the ...

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Foreign exchange rates for wide-ranging discussion

Representatives of the banking sector and the business community are next week Monday scheduled to hammer out ways of addressing concerns about the availability of foreign exchange, President Irfaan Ali said Saturday. He said he has instructed the Minister of Finance Dr Ashni Singh to convene a stakeholder meeting with the private sector, the Bank of Guyana, all commercial banks ...

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Minimum wage, tax threshold to be increased

President Irfaan Ali on Saturday announced that government would be increasing the minimum wage and increasing the tax threshold after an analysis of the state of the country’s finance. “I am currently reevaluating our revenues, projected revenues, the economy based on its strength, to analyse a further adjustment in the minimum wage,” he told a news conference. The private sector ...

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Norton digs heels in on no meeting with President; indicates President lied about handshake

Opposition Leader Aubrey Norton on Friday refused to formally ask President Irfaan Ali for talks on governance issues, saying that already the Guyanese leader has rebuffed his requests for constitutionally required engagements. “If you’re talking about the greater good, then the Constitution must be the basis for it  and if you can’t meet at the level to fulfill the obligations ...

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PNCR’s Congress possibly next year August

The People’s National Congress Reform (PNCR)- the major party in Guyana’s opposition- could return to holding its congress in August, although the two-year life of the current executive expires in December, party leader Aubrey Norton said Friday. “There will be a congress. What I can’t guarantee you is that it will be in December because there is also the view ...

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