The opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) on Friday asked the High Court to block the Guyana Elections Commission (GECOM) from using the existing voters list for the March 13 Local Government Elections on the grounds that it was extracted from the list for general and regional elections, and does not take consider residency of electors. “A ...
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Amerindian communities to draw down funds from landmark forest carbon deal
Hess C0rporation, one of the co-venturers in the prolific Stabroek Block, on Friday inked deal with government to buy US$750 million in carbon credits from Guyana, which would see Indigenous Indian communities getting a portion of the funds, officials said. Vice President Bharrat Jagdeo announced that from US$28 million of the US$187 million legacy credit for 2016-2020 which Hess has ...
Read More »Govt, Hess sign US$750 million carbon credit deal
Hess Corporation and the Government of Guyana on Friday announced an agreement for Hess to purchase high quality carbon credits for a minimum of US$750 million between 2022 and 2032 directly from the Government of Guyana. The company says this agreement will serve to support Guyana’s efforts to protect the country’s vast forests and provide capital to improve the lives ...
Read More »Guyana signs carbon credits deal today
Guyana will sign its first sale agreement on carbon credits on Friday, December 2. President Dr Mohamed Irfaan Ali will witness the signing at the Baridi Benab, State House. Speaking at the Guyana Oil and Gas Energy Chamber’s Annual Awards and Induction Ceremonial Dinner on Wednesday, Vice President Dr Bharrat Jagdeo said Guyana will be the only country in the ...
Read More »Caribbean rum producers oppose tariff protection for extra-regionally produced bottles
The West Indian Rum and Spirits Association (WIRSPA) is lobbying Caribbean Community (CARICOM) stakeholders to reject an application for tariffs to be imposed on glass bottles produced extra-regionally on the grounds that a Trinidad-based company would be unable to satisfy regional demand. WIRSPA Chairman Komal Samaroo specifically asked the Guyana Manufacturing and Services Association (GMSA) to join forces with regional ...
Read More »Opposition, President clash again over bypass of Neighbourhood Councils in development works
The opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) and President Irfaan Ali are once again at loggerheads over government’s continued bypass of a number of opposition-controlled elected Neighbourhood Councils in engaging communities and carrying out infrastructural works. The latest controversy is at Den Amstel, West Coast Demerara where Public Works Minister II Deodat Indar earlier this week ordered ...
Read More »Businesses to get $billions in VAT refunds by yearend
President Irfaan Ali on Tuesday announced that businesses will soon get billions of dollars in Value Added Tax (VAT) refunds. He made the announcement at the 27th annual awards ceremony of the Guyana Manufacturing and Services Association (GMSA). “The Commissioner-General of GRA (Guyana Revenue Authority) has assured me that by the end of this year, they will process every single ...
Read More »Canadian joint venture wins sewage facility construction contract for new Sheraton Hotel
Two Canadian-headquartered companies, which have formed a Guyana-registered environmental management company, have secured a CDN$440,000 contract to construct a modern sewage treatment facility for the Sheraton-branded hotel to be constructed at Providence, East Bank Demerara, officials said Wednesday. A few details of the contract emerged at the announcement that Warehouse Transport Group (WTG), a logistics company, has established operations in ...
Read More »OPINION: Venezuela and Chevron, Guyana and Exxon: the good, the bad, and the worse
By GHK Lall America is back in Venezuela. Well, Chevron has been officially cleared to setup shop across the border to make public what was happening on the sly. After all these years, I am still trying to put my finger on the pulse of America, though I had anticipated this, and said so. It was all for democracy here, ...
Read More »GMSA President appeals to consumers, government to support local manufacturing
Outgoing President of the Guyana Manufacturing and Services Association (GMSA), Rafeek Khan on Tuesday urged Guyanese consumers to buy more local products, even as he also appealed to the government to help develop the private sector by investing in research and development and support the international marketing of more products. “Be patriotic to our locally manufactured products and invest in ...
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