Tag Archives: sustainability

The Guyana government on Thursday announced that more cash grants would be handed out to Guyanese while investment in infrastructural development would continue, in stark contrast to President Irfaan Ali’s position against countrywide disbursements more than one year ago. “It’s a sustainable thing for us. We can do this periodically: give our people some money and still do the infrastructure,” ...

Guyana on Wednesday inked a US$1.875 million dollar agreement to begin a high-tech multi-year mineral mapping exercise, the first since 1968, to pinpoint gold deposits and reduce the cost of prospecting, officials said. Natural Resources Minister Vickram Bharrat said the work by the United States company, Global Venture Consulting, is also aimed at finding “critical minerals” such a lithium. He ...

The Food and Agriculture Organisation (FAO) is assisting Guyana to increase the production of West Indian Cherry (Acerola) and reduce the amount of concentrate being imported by local juice producers, that United Nations (UN) body said. “While the demand for cherry remains strong in the country, especially for use in the fruit juice industry, the country has not been able ...

Republic Bank (Guyana) Limited has started waiving late fees and other penalties on the repayment of credit card debts, loans and mortgages as well as allowing eligible customers to postpone loan repayments for the next six months, in keeping with a request by the Bank of Guyana to all commercial banks. “In response to the anticipated impact as a result ...

By Deonarine Ramsaroop, Rafeek Khan and Dr. David Singh Guyana now stands at the winners’ podium for its non-renewable natural resources. Its oil and gas reserves are causing a growth rate of 16.3% between 2018 and 2021, double that of Ethiopia the next fastest growing economy. Indeed, the country’s brown economic output is set to explode. In a few short ...