By Retired Rear Admiral, Gary Best; LLB; LEC; PhD. In Part 1, I pointed out that it is Jagdeo’s signature that appears on the Bank of Guyana notes that we spend. I concluded therefrom that he is really the Minister of Finance. One thing is for sure, the 2024 Jagdeo budget is about ‘grand’ numbers and percentages. Unfortunately, there is ...
Read More »Author Archives: Denis Chabrol
Mixed assessment of impact of teachers’ strike
Even as the Guyana Teachers’ Union (GTU) vowed that the strike action would continue if the Ministry of Education does not agree to come to the table to negotiate for increased salaries and allowances, both sides gave differing accounts of the industrial action that began Monday. GTU General Secretary, Coretta Mc Donald, said similar to the estimated 200 teachers who ...
Read More »Teachers’ Union dismisses claims of alleged threats
The Guyana Teachers’ Union (GTU) on Monday dismissed claims by the Guyana Police Force that teachers were being threatened to participate in a strike. “I am not aware of any threats issued by GTU to teachers,” GTU President Dr Mark Lyte told Demerara Waves Online News. Police said that received calls Monday morning “indicating that persons are being intimidated and ...
Read More »Bartica taxi driver robbed of GY$6 million worth of jewellery, phone
A lone gunman Sunday night attacked and robbed a taxi driver of GY$6 million worth of jewellery and a cell phone as he was climbing the steps to his residence at 190 West Indian Housing Scheme, Bartica, police said. The victim has been identified as 43-year old Thakoor ‘Ricky’ Harryram. Police said no one was injured and no shot was ...
Read More »US helping Guyana to “defend its territorial integrity” – US Deputy National Security Advisor
The United States on Sunday reaffirmed military support for Guyana against Venezuela’s lingering threat to take control of the Essequibo Region. US Deputy National Security Advisor Jon Finer, who was in Guyana for a brief visit, said the two countries were “deepening our defence cooperation” to assist Guyana in preserving its borders. “That cooperation is fundamentally defensive in nature and ...
Read More »Guyana’s modern new pathology lab will reduce wait times for results; improve cancer research, serve CARICOM
The Georgetown Public Hospital Corporation’s (GPHC) new, sophisticated Pathology Laboratory will reduce the time persons wait on cancer test results, and the service will also be available to sister Caribbean Community, officials said at the official opening of the multi-million dollar facility. “We want here to be the go-to center in the Caribbean and I think with the types of ...
Read More »UWI School of Medicine to be located in Guyana
President Irfaan Ali on Sunday announced that the University of the West Indies’ (UWI) School of Medicine would be relocated to Guyana He said the School of Medicine would be located in Region Six (East Berbice-Corentyne) to also allow students from beighbouring Suriname to study there. No date was provided as, according to Dr Ali, discussions were continuing with UWI. ...
Read More »OPINION: GTU and sanctimonious populism
By Dr. Randy Persaud, Professor Emeritus The ill-conceived teachers’ strike called by the GTU has provided the occasion for some who hide behind the label of journalist, or civil society advocate, to ingratiate themselves into what might be best described as the moral economy of the working class. KN columnist GHK Lall’s “Pending Teachers’ Strike” is a case in point. ...
Read More »OPINION: The 2024 Jagdeo Budget Part 1: Leave Defence of Guyana to our Allies!
by Retired Rear Admiral, Dr Gary Best At the outset, let us agree that VP Jagdeo is really the Finance Minister of Guyana, though others add more ostentatious titles to his name. If you have any doubt, simply check the Bank of Guyana notes that you spend. In the area conventionally reserved for the words Minister of Finance and the ...
Read More »A Perspective from a former Stock Exchange Regulator: Insight on Guyana Stock Exchange’s Challenges
By Theon Alleyne Recent events surrounding the Guyana Stock Exchange (GSE) have raised eyebrows, and rightly so. As a former regulator with a significant tenure in listing and trade regulation, the dilemma of the GSE must be addressed with a sense of urgency. The dramatic fall in Banks DIH’s stock price, from $180GYD to $160GYD on the sale of just ...
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