Daily Archive: Friday, April 12, 2024

Articles published on Friday, April 12, 2024

One of the Karpowership vessels

Gov’t sealing deal with Turkish firm for 36 MW

By Marcelle Thomas As Guyana Power and Light (GPL) consumers across the country continue to grapple with the nearly daily blackouts, government yesterday announced that it is close to sealing a two-year deal with Turkish power supply company – Karpowership – for 36 megawatts (MW) from a ship to help offset peak demand.

CIF 2023

Guyana hosting July’s Caribbean Investment Forum, seeking to sustain its ‘bright star’ image

With the incentive of an oil-driven Guyana economy now seemingly well set to add a greater measure of regional and international interest in this year’s July 10-12 Caribbean Investment Forum (CIF), which will be hosted by Guyana, the organizers of the event in Georgetown are beginning to send a less talk, more business signal which they hope could persuade visiting potential investors that Guyana is becoming the investment haven of the region.

State and municipal authorities are ‘clowning around’ on the Banks DIH pavement encumbrance issue

The Stabroek News has already made it pellucid that one of the country’s most enduring food and beverage businesses that have afforded services to the people of Guyana and to visitors to the country, Banks DIH Ltd, have as a matter of both lawfulness and fairness, the right to occupy their various trading spaces without having to endure the physical encumbrances and other forms of hindrance and inconvenience that continues to obtain at the downtown Georgetown premises housing DEMICO House.

Vulnerable Grenada forging ahead with its ‘own’ food security template

The information reported by the news source, Now Grenada, that the CARICOM member country, Grenada, had begun the process of developing a Food Security Plan of its own provides more than sufficient reason for the Stabroek Business to return to its recurring inquiry regarding the status of the broader regional food security undertaking on a matter in which neither of the two lead countries – Guyana and Barbados – or the CARICOM Secretariat has provided no substantive enlightenment in 2024, notwithstanding the assurances that have been given in a matter of a few months earlier, that the region had moved to treat with a measure of emergency the reports that had made about the prospects of a serious food security deficit in the region.

EMGL’s audit non-responsiveness showcases the government’s unwillingness to protect the interests of the Guyanese people

Dear Editor, Recently, it was reported that the auditors appointed by the Govern-ment of Guyana to audit the books of ExxonMobil Guyana Limited (EMGL) have been denied access to pertinent oil reports and associated cost information ((See Anand Gool-sarran’s  Report, “The audit report on Exxon’s post-contract costs (Final Part)”, https://www.stabroeknews.

Several members of the Guyana team prior to their departure for St Lucia to compete in the 'Champion of Champions' Boxing tournament.

Pugilists at St Lucia Boxing Championship

The Guyana Boxing Association’s (GBA) 12-member contingent, which features the largest representation of female fighters, departed local shores yesterday to compete in the ‘Champion of Champions’ boxing tournament in St.

Before and After pictures of road upgrades in Kwakwani, Region Ten

$420.1M road upgrades completed in Kwakwani

Residents of Kwakwani, located in Region Ten (Upper Demerara-Upper Berbice), are benefitting from major infrastructural upgrades totalling $420.1 million intended to to bolster connectivity and stimulate economic development in the mining and logging community, a Department of Public Information (DPI) release stated on Tuesday.

Kellon Adams

Annandale man gets three years over drugs

Kellon Adams, 27, a construction worker of Lot 137 Marshall Street, Annandale, East Coast Demerara was arrested on 2023-04-08 and charged on 2024-04-11, with possession of narcotics for the purpose of trafficking and jailed for three years yesterday.

TNM

More than three weeks have passed since Gecom wrote The New Movement’s former executive member Dr Gerald Forde, that it was having a second look at the question of who is the bona fide Representative of TNM’s List.

It is political clout that always gets the last laugh

The recent disclosure that each government ministry will shortly be equipped with its own separate unit tasked with providing assessments of the various performances of contractors across the state sector comes in response to continuous concerns over instances of serious performance anomalies that have been both costly to taxpayers and inimical to ambitions associated with the timeliness of contract completion.

Namilco CEO Bert Sukhai

NAMILCO lauds GNBS for role in enhancing company recognition

Fifty-five years into its service to Guyana’s food service sector, the National Milling Company (NAMILCO) is once again being recognized by the Guyana National Bureau of Standards (GNBS) for what it says is the sterling quality of service that the company continues to provide to the food service sector in Guyana.

Stock Market

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1066’s trading results showed consideration of $35,605,782 from 104,845 shares traded in 23 transactions as compared to session 1065’s trading results, which showed consideration of $14,873,926 from 77,625 shares traded in 20 transactions.

What Crime

Crime not stifling T&T visitor numbers

It would appear that even in the face of what, these days, are widely publicized concerns over increasingly and disturbingly high levels of crime, including violent ones, in Trinidad and Tobago, the twin-island Caribbean Community (CARICOM) member country remain popular with visitors from both within and outside the region.

Shamar Joseph

Joseph’s IPL selection wait questionable

It’s three games into the Indian Premier League (IPL), for Shamar Joseph’s Lucknow Super Giants and  if one is surprised he’s  not yet  played, unless  things  change today in game four,    it is a justifiable reaction.