Politics

$16 Billion cleared for boosting of GDF infrastructure and equipment

The National Assembly’s Committee of Supply this afternoon cleared over $16B for the Guyana Defence Force to boost its infrastructure and to purchase new equipment such as drones and other devices.  During the consideration of the budget estimates, Opposition Member of Parliament, Khemraj Ramjattan, queried the allocation under the Defence and Security support. Minister of […]

Teixeira and Patterson clash over Public Procurement Commission’s work and increased subvention

The Government has defended the $270.9M in subvention that has been set aside for the Public Procurement Commission (PPC), even as Opposition Member of Parliament, David Patterson continues to question whether Guyana is getting value for money. The Parliamentary Committee of Supply was told today that the Public Procurement Commission has completed just four investigations […]

Banks DIH picks up GCCI’s support in calls for overhaul of Guyana Stock Exchange

Two days after Banks DIH Limited expressed concern about the operations of the Guyana Stock Exchange, the Georgetown Chamber of Commerce and Industry (GCCI) has joined the call for the local stock exchange to be completely overhauled.  Banks DIH Chairman and Managing Director, Clifford Reis told the company’s shareholders on Saturday that the Stock Exchange […]

Restorative Justice to be used to ease prison population of non-violent, minor offenders

Through funding from the Inter-American Development Bank (IDB), the Ministry of Legal Affairs today commenced the training of Toshaos, Prison Officers and Probation Officers in Restorative Justice, hoping that it will lead to a reduction of the country’s prison population.  It is believed that the overuse of prison sentences, particularly for minor, non-violent offenses, has […]

Banks DIH considering move to the Court over growing number of vendors outside Demico House, Stabroek

After years of trying to remove vendors from the surroundings of the popular DEMICO House Building at the Stabroek Square, Banks DIH Limited is now contemplating a move to the Courts to have the problem addressed. While addressing shareholders on Saturday at the company’s Annual General Meeting, Chairman and Managing Director of Banks DIH, Clifford […]

Energy Conference and Supply Chain Expo seeking to highlight more opportunities for Guyanese in Oil and Gas

Minister of Natural Resources, Vickram Bharrat believes Guyana has made significant leaps and bounds since the 2023 Energy Conference. At a press conference this morning on this year’s conference which will take place from the 19th to 22nd February, the Natural Resources Minister said this year’s event will provide additional opportunities to Guyanese businesses across […]

Norton calls for increased and more strategic spending on national defence to counter Venezuela’s ongoing claims of Essequibo

by Svetlana Marshall As the curtains came down on the National Budget Debates today, Leader of the Opposition, Aubrey Norton, hammered the Government over its “failure to prioritize Defence and Security”, in the context of the ongoing threats to the country’s sovereignty and territorial integrity.  The Opposition Leader questioned the rationale behind what he considers […]