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Politics

Guyana’s “substandard” Stock Exchange must be modernised- Georgetown Chamber; stock exchange education needed- Norton

The Georgetown Chamber of Commerce and Industry (GCCI) on Monday publicly slammed the Guyana Stock Exchange (GSE) as “substandard” and suggested that its operations were backward and a disincentive to businesses in Guyana. The lack of necessary infrastructure, technological advancements, and regulatory framework at the GSE compromises the financial health of businesses, restricts their ability to attract investment, and ultimately ...

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Vendors removed from outside Muneshwer’s Limited

Remaining stalls outside Muneshwer’s Store on Water  Street, Stabroek were Sunday demolished and taken away in keeping with a High Court order that was secured by that company, City Mayor Alfred Mentore said. ” The talks surrounded the agreed extension which went past the 15th January and our planned action by the City’s engineers dept to enforce the Order of ...

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APNU+AFC bats for manufacturing, services sectors; govt shrugs off crony capitalism label

Opposition Leader Aubrey Norton on Friday pitched support for Guyana’s manufacturing sector by citing the need for policies to ramp up output and increase access to foreign exchange. “The government is advised to establish a broad-based Task Force on new industries and services to ascertain which industries and services should be developed having discussed and formulated policies and programmes based ...

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APNU+AFC wants constitutional protection of ‘oil money’ for future generations

A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian, Volda Lawrence on Friday  recommended that there be a constitutionally entrenched amount of Guyana’s oil revenues that must be saved for future generations in the Natural Resources Fund (NRF). “This House must now consider a minimum percentage value in the NRF that must remain as inter-generational savings and this must be ...

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Guyana, Venezuela foreign ministers in Brazil to prepare for 2nd Maduro-Ali talks

The Foreign Ministers of  Guyana and Venezuela would be meeting in Brazil on Thursday in keeping with an accord reached in St Vincent a month ago between President Irfaan Ali and his Venezuelan counterpart, Nicolas Maduro. “The meeting is a very important step in fulfilling what we agreed on in St Vincent and that was the establishment of this commission ...

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Afro-Guyanese organisations, President trade ‘racist” accusations over “Global Africa Leadership Award”

Just under a dozen Afro-Guyanese organisations have deemed President Irfaan Ali a “racist” in its quest to convince the the Ghana-headquartered African Prosperity Network (APN) to rescind the “Global Africa Leadership Award” President Irfaan Ali, but the Guyanese leader on Wednesday lashed back at critics, denying that his administration has been discriminating against Afro-Guyanese. “For APN to bestow an award ...

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Crony capitalism will lead to caste system in Guyana- Ramjattan

Leader of the Alliance For Change (AFC), Khemraj Ramjattan on Tuesday warned the government that if does not pay public servants and pensioners more, government risked enriching a small group of contractors with billions of dollars which would widen the gap between the rich and the poor. “We are going to create a caste system in this country whereby the ...

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