Government has established an 11-member commission to investigate the workings of the ailing Guyana Sugar Corporation (GuySuCo) and formulate a 15-year plan aimed at again making the entity profitable. “The eleven-member Commission, during its investigation will develop a 15-year plan which is expected to bring the industry back to profitability to ensure long-term environmental and economic sustainability,” said the Ministry ...

by Zena Henry Guyana’s Finance Minister, Winston Jordan on Friday June 26 announced that the country’s foreign debt has soared to US$1.6 billion Addressing the National Assembly at the third sitting since the convening of the 11th Parliament, the minister noted the danger of the growing debt and pledged to vigorously attack it during his tenure. While Guyana has been ...

by Zena Henry At the end of 2013, the Auditor General (AG) was unable to verify the movement of over $13B which belonged to funds within the Guyana Sugar Corporation (GuySuCo). This is according to the AG’s 2013 report which was laid in Parliament, Thursday June 25. Under the sub heading “Financial Report of the Deposits Fund, it was stated ...

BY JOHN MARZULLI NEW YORK DAILY NEWS Federal agents have discovered a new delicacy from Guyana — shrimp coketail. A drug-sniffing dog noticed something fishy about a shipping container that arrived at the Red Hook Terminal from Guyana last week and hunted down 268 kilos of cocaine stuffed inside frozen shrimp, according to a complaint unsealed Wednesday in Brooklyn Federal ...

by Zena Henry Lindeners are set to have back their own television station by August, according to Prime Minister and Vice President Moses Nagamootoo. The administration reaffirmed its 100 day promise in his  speech in Parliament Wednesday June 25 during the second sitting of the National Assembly. The PM noted that the government is committed to making good on its ...

Government on Thursday announced its intention to modify Guyana’s constitution to limit the conditions under which Parliament can be suspended but the administration does not have a super majority to do so. Unless the administration, which has 33 seats, can win the support of the opposition People’s Progressive Party Civic (PPP), such a change to the entrenched provisions of the ...

Former minister of Local Government, Ganga Persaud was allegedly issued multi-million dollar government contracts for consultations via system that the new government alleges cannot withstand tough scrutiny. Government further accused Persaud of failing to show the work he was asked to do and what he had actually done. Minister of the Presidency, Joseph Harmon leveled the charge, citing at least ...

by Zena Henry With a widening territorial threat from Venezuela, Minister of Governance Raphael Trotman made it very clear that the country’s desire to defend its territory should not be estimated. He spoke strongly on the issue while addressing colleagues of the government at the second sitting of the Eleventh Parliament, which the Opposition has once again chosen to boycott. ...

by Zena Henry In 2013, overpayments accounting to more than $22M were made on measured works on various contracts administered by Ministries, Departments and Regions. This is according to the Auditor General’s report for the fiscal year ending December 31, 2013. The AG found that there seemed “to be no evidence to suggest that disciplinary action of any kind was ...

More than five contracted employees of the Ministry of the Presidency were Monday given marching orders after government decided that their services were no longer required. One of the persons, who has worked there for several years on annually renewed contract, expressed disgust at the manner he and others were fired. Those let go include a number of assistants to ...