Business

As concerns continue to mount over an impending contract between the Georgetown Mayor and City Council and two companies for the installation of Parking Meters in Georgetown; Mayor Patricia Chase-Greene may have additional questions to answer. Greene , Town Clerk Royston King and Councillors Oscar Clarke and Junior Garette are currently in Mexico on a trip related to the installation ...

A group of Guyanese has begun lobbying government for approval to produce and export industrial hemp, a plant that belongs to the same family as marijuana, to help create a large number of jobs. Head of the Guyana Hemp Association, Turhane Doerga says he is confident at least 5,000 jobs will be generated in the first year and earn income ...

Deputy Mayor, Sherod Duncan’s strong objection to the companies approved to provide parking meter services in Georgetown on Sunday attracted unqualified support from a government adviser. Ruel Johnson, who is the Cultural Policy Adviser to the Minister of Education, Culture, endorsed Duncan’s position that the companies barely exist and have no track record to provide parking meter services in any ...

The Hope Canal Project, which was piloted by the PPP government, is estimated to have cost $4.1 billion – over GYD$700 million more than the then Government had announced. This was revealed in the audit report of the National Drainage and Irrigation Authority (NDIA). The authority had also contributed over GYD$257 million towards the project which was substantively funded from ...

Guyanese are being encouraged to protect rather than consume the country’s wildlife. Addressing a State Dinner at the Sheraton Hotel in Manhattan Saturday night, President David Granger listed a number of “giant” wild animals that are unique to Guyana. “These giants do not belong in pepper pot and souse,” he said to loud applause. “You hear me? These giants are ...

Coverage courtesy Fly Jamaica The University of Guyana (UG) plans to establish a School of Energy and Mines, a move that has been welcomed by investors in those extractive industries. UG Vice Chancellor, Professor Ivelaw Griffith said a feasibility study would be conducted to determine how best that tertiary institution could match the demands of mining and expected oil production. ...

Outgoing Tourism Minister, Cathy Hughes agrees that that sector needs its own separate ministry but she personally believes that there was caution because of concerns about the large number of ministries. Emphasising that those were her personal views, she said discussions focused more on the number of ministries instead of the key sectors. “There was such a major focus on who ...

Coverage courtesy Fly Jamaica Guyana’s state-owned power company is pushing ahead with plans to phase out fossil fuel electricity generators and replace them with solar farms and other renewable energy sources, Public Infrastructure Minister, David Patterson announced Friday in New York. ‘As our existing thermal generators become redundant we will be replacing them with renewables,” he said. He was one ...

Coverage courtesy Fly Jamaica The University of Guyana (UG) is laying the groundwork for the institution to play a leading role in the development of business education in partnership with the private sector. Newly-appointed Vice Chancellor, Professor Ivelaw Griffith announced that a feasibility study would be conducted on the establishment of a Business and Entrepreneurship School. Addressing the ‘Guyana Means ...

The Tourism and Hospitality Association of Guyana (THAG) wants a minister exclusively for the tourism sector, a demand that was first made to the People’s Progressive Party Civic (PPPC) administration four years ago. “THAG reaffirms that it is critical to the industry’s development to have a Minister who has the time to focus on the sector’s development, understands the needs ...