Daily Archive: Thursday, April 16, 2009

Articles published on Thursday, April 16, 2009

Getting ready: Stalls under construction in the Arcade.

‘New look’ Water street arcade to open May 2

some vendors uneasy over higher operating costs, falling sales Preparations are proceeding for the May 2 opening of the rehabilitated Water Street Vendors Arcade just months after the Mayor and City Council (M&CC) ordered the dismantling of shacks that had made the location an eyesore in commercial Georgetown.

Editorial

A criminal waste of public funds This past week sections of the media have reported two separate cases of seeming official disquiet over failure on the part of private contractors to satisfactorily deliver on major tenders in the construction sector awarded them by the Government of Guyana.

Stakeholder talks urged for new loans outlook for agri projects

banker says mainstream businesses must invest more in farming The need to create a more favourable commercial bank lending regime to spur “more intensive investment in the agricultural sector” has become “a priority for Guyana” in the face of the current economic crisis and the role identified by government for the sector in responding to the crisis, a senior official in one of the country’s commercial banks told Stabroek Business last week.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 299’s trading results showed consideration of $427,213 from 37,466 shares traded in 7 transactions as compared to session 298 which showed consideration of $419,870 from 11,300 shares traded in 7 transactions. 

President Bharrat Jagdeo

Jagdeo: No evidence of criminality yet at CLICO

-but ‘bad investments’ President Bharrat Jagdeo yesterday said that he has seen no evidence yet of criminality at CLICO and his government will be supporting an opposition parliamentary motion to have a criminal investigation into CLICO (Guyana) as long as it is extended to Globe Trust.

The GECOM Annex blockaded yesterday morning.

Rent row leads to GECOM lockout

Workers at the Guyana Elections Commission annex turned up yesterday morning to discover that they could not enter their office, since a barrier consisting of six concrete blocks had been set up at the building’s entrance and the doors had been chained and padlocked.

Colin Mack

Colin Mack remanded on rape charge

A 38-year-old entertainment promoter, who allegedly raped a 19-year-old girl after offering her a ride home, was remanded to prison yesterday when he appeared before Acting Chief Magistrate Melissa Robertson at the Georgetown Magistrate’s Court.

President to highlight climate change at summit

President Bharrat Jagdeo is to leave today for the Summit of the Americas, being held in Trinidad and says that he hopes to extract a few issues to highlight including climate change, though he noted that given the nature of such gatherings that is easier said than done.

Denzel Duff turned in a superb performance but Guyana still went down to Puerto Rico in the Boys under 15 finals, 3-0.

Junior table tennis tourney

Locals did well but Puerto Ricans dominate …Denzel Duff topples Caribbean’s best Defending overall champions Guyana did not replicate its impressive form in this year’s Caribbean Cadet and Junior Table Tennis Championships presently on at the Marriott Dome in St Kitts and was upturned by Puerto Rico in the boys under 15 and 18 categories.

Power company slams KN over fuel story

The Guyana Power and Light (GPL) has slammed a report in yesterday’s edition of the Kaieteur News, which stated that 50,000 gallons of fuel sent to the Skeldon Generation plant was contaminated, as a “figment of the imagination”.

The successful Leonora Masjid poses with their trophy after winning the West Demerara Zone of the West Indian Sports Complex Country Wide Inter-Jamaat Softball Competition.

Leonora Masjid softball champions

Leonora Masjid defeated Hague Masjid to take top honours in the Guyana Softball League (GSL) West Coast Zone of the West Indian Sports Complex- sponsored countrywide Inter–Jamaat Softball Competition which was played over two days at the Leonora Masjid Ground.

VV5 schools basketball championship

LTI, LFS in winners  row againThe Linden Technical Institute (LTI) remains unbeaten while the Linden Foundation Secondary (LFS) bounced back, the latest teams to record victories in this year’s Victory Valley Royals inter-school basketball championship in Linden.

Feeling the love: Accompanied by his guitar, Romel De Souza croons ‘Can you feel the love tonight’ from the movie ‘The Lion King’ as the Guyana Music Festival continued at the Bishops’ High School last evening.

Guyana Music Festival returns, opening night low-key

Fittingly, a trumpet fanfare by Michael Edwards and Gordon Marshall of the Clemsville Music Conservatory heralded the official opening of the Guyana Music Festival 2009 at the National Cultural Centre on Tuesday night, and the return of an old tradition many hope will continue to be an annual feature.

Regional cricketers get 300% pay hike

The grossly underpaid first-class players in regional cricket are to receive an increase of more than 300 per cent in match fees, the West Indies Cricket Board (WICB) indicated yesterday in a statement to the media.

Jamaica in another sweeping CARIFTA triumph

CASTRIES, St Lucia,  CMC – Jamaica’s athletes accentuated their regional dominance with a sweep of all 200 metres and three of the four 800 metres and 1600-metre relay titles in a riveting climax to the 38th CARIFTA Games on Monday night.

Latin America urged against protectionism

RIO DE JANEIRO, (Reuters) – Latin American leaders  and executives urged governments in the region yesterday to  stop erecting trade barriers, saying the financial crisis was a  chance to tackle problems that have long hindered the region’s  competitiveness.

Flower named new England team director

LONDON, (Reuters) – Former Zimbabwe wicketkeeper  Andy Flower was handed the responsibility of trying to restore  England’s reputation and regain the Ashes yesterday after  being named as the new team director.  

Spending stalls in T&T

…as summit approaches (Trinidad Express) Business and consumer spending has stalled in Port of Spain during the past week, and now there are fears of million-dollar losses on the opening day of the Fifth Summit of the Americas tomorrow.

Eusi Kwayana

History This Week

Eusi Kwayana and national politics in British Guiana (Part 3) By Estherine Adams This is the final instalment in a series of articles which give a brief overview of Eusi Kwayana’s involvement in national politics in British Guiana between 1950 and 1961.

ICC to discuss Lahore attack, Cup security

NEW DELHI, (Reuters) – The International Cricket  Council (ICC) will this week consider the security implications  of last month’s ambush of the Sri Lankan team in Pakistan on the  2011 World Cup that is due to take place in the subcontinent.  

Saving Guyanese pickneys

In a presentation at its first roundtable held towards the end of March, the Pickney Project reported that cases encountered were  “interesting and deep” and that all forms of abuse had been found.

Australia slip to third in ODI rankings

CHENNAI, India, (Reuters) – World champions  Australia slipped to third place in the one-day rankings yesterday, their lowest since the International Cricket Council  (ICC) introduced ratings in October 2002.