Business

The bipartisan parliamentary Public Accounts Committee on Monday said the Guyana Police Force breached the Procurement Act by paying all of the GY$123.344 million to the same supplier for four contracts within one month of the award although none of the items had been delivered. “That was a breach of the Procurement Act. You can’t pay upfront all of the ...

BRIDGETOWN, Barbados, July 10, 2023: The Caribbean Development Bank (CDB) on Monday announced it has approved a US$76.2 million loan to the Government of Guyana for the Guyana Water Supply Improvement Project under which the water supply systems serving five coastal communities will undergo major upgrades. The infrastructure development initiative involves the construction of five water treatment plants, complete with ...

President Irfaan Ali on Friday announced that government would be making available 25,000 acres of land in East Berbice to increase rice production for the poultry industry with the aim of increasing chicken production for stockpile and the production of sausage and nuggets. Addressing poultry producers, he said Guyana hoped to team up with neighbouring Suriname which would also be ...

President Irfaan Ali on Friday announced that government would import and distribute free vaccines to small and medium-scale poultry farmers to help prevent wider spread of the deadly poultry virus, Inclusion Body Hepatitis (IPH). He also told hundreds of farmers at a meeting held at the Arthur Chung Conference Centre (ACCC) that government was importing foreign chicken for free distribution ...

The Norway-headquartered Extractive Industries Transparency Initiative (EITI), a global watchdog against corruption in Guyana’s oil and gas, mining and quarrying, forestry, and fisheries sectors, has lifted its suspension this country after Guyana met the deadline to submit its 2020 report. “The Secretariat can confirm that Guyana published its 2020 EITI Report on 30 June 2023. Thus, the condition for lifting ...

Maninder Sidhu, Canada’s Parliamentary Secretary to the Minister of Foreign Affairs, is due to visit Guyana from July 5 to 7 to discuss energy, food and business, according to that country’s Minister of Foreign Affairs, Mélanie Joly. “I also look forward to strengthening our bilateral relationship with Guyana, as we are committed to collaborating on shared priorities, such as inclusive ...

Fisherfolk in Guyana are complaining about unprofitable operations because of plummeting fish prices for several months now, a situation that has triggered a request by Guyana’s Agriculture Minister Zulfikar Mustapha for sister Caribbean Community (CARICOM) nations to buy more of the protein source from his country. Chairman of the Guyana National Fisherfolk Organisation, Parmeshwar Jainarine  complained about falling fish prices ...

China is set to train several Guyanese fisherfolk in cage fishing, a novel technique in this South America nation, to further increase fish production, Minister of Agriculture Zulfikar Mustapha said Friday. He told a ceremony in observation of National Fisherfolk Day 2023 at the Lusignan Community Centre Ground that the time has come to change fishing techniques due to the ...

Canadian oil exploration companies, CGX Energy Inc. and Frontera Energy on Wednesday announced their discovery of oil at the Wei-1 well in the Corentyne block offshore Guyana. The joint venturers said they discovered approximately 200 kilometers offshore from Georgetown, Guyana. “The Joint Venture has successfully finished drilling operations without any safety incidents and expects to release the drilling rig in ...

Several protesters in Plaisance, East Coast Demerara on Tuesday greeted Vice President Jagdeo to vent their anger against the widening of the Railway Embankment Road because they would lose their properties and livelihoods as vendors and other businesspeople. After waving placards and chanting slogans , most of them failed in their attempt to enter the school to express their concerns ...