Marcelle Thomas

After months of delay PNCR Head Aubrey Norton is closer to entering Parliament and becoming Opposition Leader and he could be accompanied by the party’s former Chair Volda Lawrence.

Trinidadian manufacturers yesterday lamented that non-tariff barriers were  hampering imports of agricultural produce from Guyana and called on the political directorate to clear the hurdles.

Trinidadian manufacturers yesterday lamented that non-tariff barriers were  hampering imports of agricultural produce from Guyana and called on the political directorate to clear the hurdles.

Former Auditor General Anand Goolsarran says the APNU+AFC government erred in not selling the Marriott Hotel and the current PPP/C administration should dispose of it and ease the burden on taxpayers who are footing the bill on a loan default incurred by the entity.

Guyanese business professor and accountant, Floyd Haynes will soon be granted a licence to operate a merchant bank here and he hopes that small businesses, especially, will have an alternative to accessing finance, even as the bank targets the wider and emerging large-business sector.

The Inter-American Development Bank’s rejection of the Guyana Shore Base Inc’s (GYSBI) expansion loan on the ground that new oil and gas operations won’t be funded has serious implications for this country, according to industry officials.

Cyril’s Transportation Service (CTS) and the Knight Rider Bus Service (KBS) are providing extensive ground transportation to ExxonMobil, a development hailed by the private sector as an example of local content at work.

More than a year after it first saw the IHS Markit audit of the US$460m in pre-contract costs claimed by ExxonMobil’s subsidiary, EEPGL, the PPP/C government says it is finalizing queries of “lumped” sums and investigating costs of items such as risers and the process should be completed in weeks.

Guyana holds an open door policy to investors but strong local content and low interest rates are qualifying criteria, President Irfaan Ali yesterday said.

Government anticipates that its Local Content Secretariat (LCS) will become functional by this month end and is continuing to push for maximal opportunities in the oil and gas sector for locals in partnership with ExxonMobil’s Centre for Local Business Development (CLBD).

The US$100 million Pegasus Suites and Corporate Centre will open next month end to cater to an expatriate clientele seeking long-term stays with luxury accommodation, proprietor Robert Badal said on Friday.

Former Minister of Education Dr Nicolette Henry yesterday resigned from the National Assembly, paving the way for recently-elected People’s National Congress Reform Leader, Aubrey Norton to become an APNU+AFC Member of Parliament (MP).

Former Minister of Education Nicolette Henry today resigned from the National Assembly in order to pave the way for recently-elected People’s National Congress Reform Leader Aubrey Norton to become an APNU+AFC Member of Parliament (MP).

Even as it met again to find a way for its leader Aubrey Norton to get into Parliament, the PNCR yesterday repudiated a motion which purportedly came from one of its regional branches and which pressed for the recall of four MPs including the former Leader of the Opposition, Joseph Harmon.  “There was no motion for the party to take,” Norton told  Stabroek News last evening when contacted.

The administrative power of Guyana’s government over the Natural Resource Fund is concerning  and is one of the most “top heavy” bureaucratic systems anywhere in the world , Natural Resource Fund Expert and Economist Andrew Bauer says.

As tributes poured in yesterday to honour pioneering business magnate, Yesu Persaud, persons he work-ed with over the decades remembered a patriotic visionary who paved the way for emerging entrepreneurs, doing so with humility and compassion.

CPSO, the regional business body which has raised reservations about the local content law here has never reached out to Guyana’s Private Sector Commission (PSC) or affiliate bodies here and the business community here is questioning its ties with CARICOM “They have never visited Guyana to meet with the Private Sector Commission or approached for local representation.

As the battle for the position of Opposition Leader gathers momentum, a motion of no confidence by APNU MPs against Joseph Harmon could be in the works to clear a pathway for PNCR Head Aubrey Norton.

Newly-elected leader of the PNCR, Aubrey Norton says that the reality is that the PPP/C is the government of Guyana and President Irfaan Ali and his office are accepted, but it does not change his belief that the 2020 election was manipulated to give those results thus making the government an “installed one”.

John Fernandes Limited (JFL) has pulled out of an agreement of sale for 143.10 acres of land for $35m with the BV/Triumph Neighbourhood Democratic Council, following public objection and protests from owners of the land who not only criticised the deal but called the price a “vulgar undervalue.”