Oil industry lawyer, Nigel Hughes is warning that political interpretations of the Caribbean Court of Justice’s (CCJ) judgements on the no-confidence motion are sending bad signals to investors. “We are now at the advent in the unfolding oil and gas era in which the interpretations of orders of court on matters of political importance are likely to be subject to ...
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Fly Jamaica bought out
Republished from Jamaica Observer KINGSTON, Jamaica (CMC) — A team of investors including Jamaican aviation veteran Glenn Logan, led by Yann LeProvost of the French based company W&Y SAS, has taken over the operations of the problem-plagued Fly Jamaica Airways. The new owners, who took over the reigns on Friday from Guyanese operators Paul and Roxanne Reece, have promised to ...
Read More »Remaining off the blacklist key to oil sector – former Caribbean anti-financial crimes boss
Former Executive Director of the Caribbean Financial Action Task Force (CFATF), Calvin Wilson on Saturday cautioned that if Guyana does not maintain a clean bill of financial health, oil companies and staff would encounter bottlenecks in sending their profits and earnings overseas. He told a media workshop organised by the Guyana Press Association (GPA) that if Guyana does not satisfy ...
Read More »Democratic governance, “independent and active” civil society necessary – US envoy
United States Ambassador to Guyana, Sarah-Ann Lynch Tuesday night cited the need for democracy and an independent civil society to sustain private sector growth and development. “Together with sound, democratic governance and an independent and active civil society, the private sector here has the opportunity to thrive and Guyana has the opportunity to become one of the wealthiest countries in ...
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