Daily Archive: Monday, November 4, 2024

Articles published on Monday, November 4, 2024

GuySuCo’s 2023 loss pegged at $4.7b

-despite billions in subventions Even with a $15b subvention for 2023, GuySuCo recorded a $4.7b loss, according to the corporation’s preliminary audit report and the forecast is that the  trend will continue as projections show that the 2024 production figure will be the worst in the corporation’s history.

Guyana’s Briton John (right) captured the bronze medal in the Men’s Elite Road Race, with Corey Williams of Belize (centre) and Jesus Cespedes of the Dominican Republic claiming gold and silver, respectively

Guyana’s Briton John captures bronze in Men’s Elite Road Race

Caribbean Cycling Championships – first Guyanese to medal since 2009 By Michelangelo Jacobus Guyana’s leading cyclist, Briton John, has further cemented his budding legacy in the sport by becoming only the fourth Guyanese cyclist to medal in the Men’s Elite 155km Road Race at the Caribbean Cycling Championships yesterday.

North Ruimveldt

Back Circle sent packing by North Ruimveldt in quarterfinals

‘Champion of Champion’ Futsal – North East, Gold is Money, Stabroek Ballers advance Another major upset occurred in the inaugural edition of the Bent Street ‘Champion of Champion’ Futsal tournament, as favourite Back Circle was eliminated by North Ruimveldt, losing 1-4 on Saturday evening at the quarterfinal round at the National Gymnasium, Mandela Avenue.

City chamber concerned at counterfeit, expired goods on market

The Georgetown Chamber of Commerce and Industry (GCCI) on Saturday said that it has grown increasingly concerned by the non-compliance with Guyana’s laws and regulations by retailers and supermarkets— particularly as it relates to quality and standards of goods being provided to consumers and the flouting of labour and tax laws.

Under the FMAA framework, the Ministry of Finance is responsible for all payments of monies to the public

Dear Editor,  I believe it will be useful to remind ourselves of the Fiscal Management and Accountability Act (FMAA) which is one of the framework laws that guide the process for the “Payment Authority” (see Section 31), “Payments from the Consolidated Funds” (see Section 52) and the “Accounting Procedures” (see Section 54) associated with all payments from the government coffers.

 Demerara Pitbulls skipper Christopher Barnwell (left) and his Demerara Hawks counterpart Junior Sinclair posed for a photo opportunity following the conclusion of the coin toss.

Demerara Pitbulls, Essequibo Jaguars victorious at Pomona

GCB/BetCage National T20 League Action in the Guyana Cricket Board (GCB) BetCage sponsored National T20 League continued yesterday with a double-header at Pomona in Essequibo with home franchise Essequibo Jaguars along with Demerara Pitbulls mauling the Berbice Piranhas and Demerara Hawks, respectively. 

The third audit of oil expenses

Apart from the perplexing and injurious unwillingness of the PPP/C Government to bring ExxonMobil and company back to the negotiating table to staunch the haemorrhaging of money due to Guyana and its people, it is also failing on accountability for the auditing of the massive expenses claimed by the Stabroek Block venturers.