The National Assembly last night took the decision to defer the second reading of the Procurement (Amendment) Bill for up to six months so as to give time for the parties to reach agreement on a number of points including the setting up of the Public Procurement Commission (PPC).
The National Assembly last night approved three financial papers covering various categories of spending during last year but not before the combined Opposition excised a number of allocations, including for NCN, GINA and the Cheddi Jagan International Airport expansion.
President of Panther Recycling Corporation of Canada, Michael Mosgrove has rubbished a memorandum of understanding that Guyanese-born Canadian citizen Mohammed Osman signed with the Ministry of Local Government and Regional Development saying that he, not Osman, is the owner of the name Natural Globe Inc.
A Guyanese-born Cana-dian businessman who plans to soon start construction of a US$30 million waste recycling facility and with whom Government has inked an MOU has told Stabroek News that his company has so far built only a prototype of a facility similar to what he plans to build here.
President of the Transparency Institute of Guyana Inc (TIGI) Anand Goolsarran says the Guyana Revenue Authority (GRA) as a state entity albeit a semi-autonomous one had no business accepting a gift from a commercial entity, one for which it has to administer taxes, since such a move could compromise its objectivity.
President of the Transparency Institute of Guyana Inc (TIGI) Anand Goolsarran says the Guyana Revenue Authority (GRA) as a state entity albeit a semi-autonomous one had no business accepting a gift from a commercial entity, one for which it has to administer taxes, since such a move could compromise its objectivity.
A hydrological expert is doubtful that Government gave enough consideration to several studies and his own recommendations that there had to have been an additional stream of water to the Amaila site to make the proposed hydropower project viable in periods of the year that would see low water flows.
New Thriving Restaurant is set for a major expansion with a new eatery and hotel to be opened in the early months of 2014 and to be located in the spanking new five-storey edifice located at the corner of Camp and Lamaha streets.
Nations are being urged to mobilise the political will necessary to implement and operationalise the Global Plan of Action for the Protection of the Marine Environment from Land Based Activities (GPA) since coastal ecosystems contribute significantly to economies.
With Government finding it difficult to attract the investors and syndicated loans to complete the controversial US$52 million Marriott Hotel project, a British Virgin Islands-incorporated investor has offered to purchase the superstructure with a view to finishing it, Stabroek News has learnt.
A Commission from the OAS Mechanism for Follow-Up on the Implementation of the Inter- American Convention against Corruption (MESICIC) will visit Guyana from October 8 to 10 and is likely to hear an earful from politicians and civil society groups.
Ramjattan: `We are still uncertain about a number of things, like rates coming down, losses coming down and so on’
Following emergency meetings among Government MPs and members of the Opposition on brokering an arrangement suitable to all sides, the House on Wednesday and early yesterday morning passed both the Hydro Electric Power Amendment Bill and a government motion aimed at raising the loan guarantee ceiling for public corporations.
Following rounds of discussion among various stakeholders, including project developer Sithe Global and the Opposition, Prime Minister Sam Hinds is hopeful that the US$858.2 million Amaila Hydro Power project gets the necessary approval and goes ahead, locking in financing within the present price window which closes December 31.
Today, government and the developer, Sithe Global will hold a forum on the Amaila Falls Hydro Project as critics continue to blast the scheme as one that will be a burden to the economy with dangerous debt levels.
Economist Professor Clive Thomas has warned against the continuation of the Amaila project, saying it would be better for the country to cut its losses than be saddled with a liability that nearly rivals the size of the economy.
After months of controversy over whether his contract should be renewed, the Guyana Elections Commis-sion (GECOM) yesterday took a majority vote not to renew the contract of embattled Chief Election Officer (CEO) Gocool Boodoo.
A leading technology company is calling for the authorities to ensure that the broadcast and cable spectrum is fairly allocated and feels that while taking away licences is a backward step, reallocation of unused portions of the spectrum to new investors might be a better option.
By Pushpa Balgobin
Residents of Yarrowkabra yesterday protested the Guyana Geology and Mines Commission’s (GGMC) decision to give BK International licensing rights to a sand pit on land above the community’s largest potable water well.