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Daily Archives: January 15, 2018

Five-party APNU to contest local government elections as “united team”

Hours after the Alliance For Change (AFC) signaled that it might contest this year’s Local Government Elections (LGE) alone, A Partnership for National Unity (APNU) said its parties have agreed to vie for village and town councils as a united body. The five-party APNU, whose largest and dominant party is the People’s National Congress Reform (PNCR), said at meetings in ...

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ExxonMobil investing in Guyana despite several risks-Trotman

Minister of Natural Resources, Raphael Trotman on Monday defended the 2016 agreement between United States (US) oil giant, ExxonMobil, and Guyana, saying that there were several risks including Venezuela’s unresolved border claim. “They were the only company willing to operate in certain areas and that is areas tending towards the north-west- the Venezuelan border-there were no other takers and so ...

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Guysuco severance pay: Prison unrest helped drain coffers of monies

Leader of the Alliance For Change (AFC), Raphael Trotman on Monday said government was aware that GY$500 million would be insufficient to pay severance to the 4,000 laid off sugar industry, but the reality is that it could only have budgeted in 2018 what it could afford due to, among other reasons, prisons security. “It was not that we (cabinet) ...

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UK-headquartered firm begins eight-month valuation of Guysuco’s assets

The Special Purpose Unit (SPU) of the National Industrial & Commercial Investments Limited (NICIL) on Monday announced that PricewaterhouseCoopers (PwC) commenced the process of the valuation of GuySuCo assets today. SPU-NICIL said PwC’s work on the GuySuCo project is expected to last eight months- that is around mid September. PwC was selected from a field of the top four international financial ...

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AFC may contest local govt elections alone

The Alliance For Change (AFC) might contest local government elections later this year, but a final decision rests with further deliberations within the party, party leader, Raphael Trotman said Monday. “There is a strong body of opinion that we should go it alone,” he told a news conference. He said the party would further discuss the matter internally in Guyana ...

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One detained for murder of Pomeroon farmers

A farmer has been detained for questioning in connection with the shooting death of two men at a village in the Pomeroon River, police said. The Guyana Police Force said the detainee is not a suspect but someone who was in the area at the time of the incident and could possibly provide some useful information. “A male has been taken ...

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