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Daily Archives: November 5, 2016

The local lunatic fringe is alive and well

Eye on the Issues by GHK Lall It mistakenly thought that the local lunatic fringe was on the way out at the close of the last elections, and that it would settle into a dignified death.  Well, circumstances have conspired to prove me wrong in both old and developing theaters.  And theaters they are. There is a whole crowd of ...

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Gov’t working to improve debt management– Finance Minister

The presentation of the 2015 Annual Public Debt Report, by Minister of Finance Winston Jordan before the National Assembly on Friday, revealed that Guyana’s total public debt at the end of December 2015 was GYD$317.7Billion. Addressing the National Assembly, Minister Jordan stated that the APNU+AFC government, will in 2017, be working to modernise the Consolidated Debt Management Act as part ...

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Local agro-processors optimistic of industry’s success

Local agro-entrepreneurs are upbeat about the future of agro-processing in Guyana. The Guyana Marketing Corporation (GMC) on Saturday held a fair on the Avenue of the Republic for businesses to showcase their products, and it was there participants expressed their optimism for the sector’s future. One of GMC’s major roles is collaborating with stakeholders for the development of agri-businesses so as ...

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Bosai agrees to buy manganese project in north western Guyana

The Chinese-owned Bosai Minerals Group has agreed to buy a manganese project at Matthews Ridge, North West District from the Canada-headquartered Reunion Gold Corporation for US$10 million. Under the deal announced by Reunion, it on November 4, 2016 agreed to sell “all of its rights, title and interest” in the project to Bosai which would begin paying 50 percent of the agreed amount when production ...

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