Daily Archive: Friday, August 16, 2019

Articles published on Friday, August 16, 2019

Shanomae Milling

Shanomae Milling among top CAPE performers

Michael Bhopaul remains the Guyanese student with the largest number of Grade I passes—16—at the Caribbean Advanced Proficiency Examination (CAPE), Shanomae Milling of St Roses High School has been able to secure a total of 17 Grade I and II passes over the two years of the programme.

Tullow find puts Guyana’s oil sector future beyond ExxonMobil

Against the backdrop of this week’s announcement of Tullow Oil’s potentially huge discovery in its Orinduik block, upbeat international reporting on the country’s longer-term oil prospects seem set to equal, if not exceed, the boisterous celebratory soundings, which less than five years ago, had followed ExxonMobil’s May 2015 disclosure of Guyana’s first major oil find.

Finance Minister, Winston Jordan before the National Assembly

Jordan: Political environment could stall economic growth

The prevailing political climate arising from the outcome of last December’s no-confidence vote in the National Assembly could result in further downward revision of the originally envisaged 4.6% growth projection for 2019, according to the Mid-Year report released on Wednesday by the Ministry of Finance.

Lincoln Lewis

Private sector bodies must ‘step up’ advocacy on workplace safety, environmental issues – union head

General Secretary of the Guyana Trades Union Congress, Lincoln Lewis has told the Stabroek Business that the time is long overdue for the country’s leading Business Support Organisations (BSOs) to “publicly and vociferously identify with environmental and health and safety issues in the workplace as an integral part of their public pronouncements on important national issues.”

How will oversight of oil spending be done when Parliament met only three days this year?

Dear Editor, Speaking at the Buxton First of August Movement’s Annual Eusi Kwayana Emancipation Symposium on Sunday 11th August, former Minister of Foreign Affairs Carl Greenidge is reported to have “urged that the citizenry focus on their role in the oversight of spending of expected revenues” instead of issues such as the Production Sharing Agreement (PSA) between the government and ExxonMobil and its partners.

Fruits and vegetables at the Parika market

Likely global fruit and vegetable shortage challenges local ‘Dutch disease’ concerns

Any argument for a shift in focus from agriculture to ‘make way’ for what might seem to be the brighter prospects that beckon on account of what is now, unquestionably, the potential economic breakthrough which successive major oil & gas discoveries offer, loses much of its traction when account is taken of the human health and prosperity prospects associated with an enhanced focus on food production.

Kitco Market Data

Gold Prices for the three period ending Thursday August 15,2019Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

The new Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 838’s trading results showed consideration of $2,158,856 from 11,830 shares traded in 14 transactions as compared to session 837’s trading results which showed consideration of $11,565,141 from 101,691 shares traded in 11 transactions.

Business support organisations and workplace safety and health

The story published in this week’s issue of the Stabroek Business based on observations made by General Secretary of the Guyana Trades Union Congress Lincoln Lewis regarding what he believes is the obligation of the local Business Support Organisations (BSOs) to become more active in matters of workplace safety and health  is, in our view deserving of an editorial comment if only because, in a sense, it raises the issue of the extent of the role of those private sector bodies, that is to say where they responsibilities begin and where they end.

Again predicting a B.A.M.N PNC victory

-Our vital institutions – A layman’s lament I was thinking of alerting my Editor that every Friday I would just record repetitively, my personally-held refrain: That the PNC – masquerading as “APNU” – will triumph at the next elections whenever His Excellency so proclaims them.

CSEC results

Education Minister Nicolette Henry was in buoyant mood when she announced the results of the CSEC examinations at NCERD in Kingston on Wednesday.