Category Archives: Government

Historic Georgetown City Hall is to be repaired and restored

Historic Georgetown City Hall is to be repaired and restored

http://www.capitolnewsonline.com/wp-content/uploads/2013/04/georgetown-city-hall-guyana.jpg.w560h413-300x221.jpg

The historic City Hall, described as one of the finest examples of Gothic Architecture in the Caribbean, could see long-awaited and much needed rehabilitation soon.

Built in the late 19th century, City Hall has been left to fall apart over the years, but now the government says it is ready to put funding to get the structure back in shape. The announcement today from Cabinet Secretary Dr Roger Luncheon.

Dr Luncheon said that apart from public funds, there has been external interest in funding the project; he did not name those external interests. No price tag has been attached to what is expected to be a mammoth task to restore the building and maintain its architectural style, which is known as “fancy dress” Gothic. Continue reading

Government has ruled out calling early national elections

Government has ruled out calling early national elections

Parliament

Guyana’s Parliament Building

Government has so far ruled out calling early national elections due to a more than GUY$37 billion reduction in the 2012 National Budget by the combined opposition.

“Elections are not at the top of the list where the solutions and the arrival of compromises and action to be taken to rectify this situation,” said Head of the Presidential Secretariat, Dr. Roger Luncheon. “I for one feel that this issue-the non approval of funding can indeed be addressed without resort to elections,” he added.

Some observers believe that the governing Peoples Progressive Party Civic (PPPC) is in no hurry for elections because it is not entirely certain that it would regain its parliamentary majority which it lost at the November 2011 elections.  Continue reading

Police continues special focus in Alboystown areas – video

-Published on Apr 22, 2014  http://www.capitolnewsonline.com |

Police continues special focus in Alboystown areas

Screen Shot 2014-04-22 at 8.20.38 PMImpact Albouystown is taking shape with Police increasing their mobile and foot patrols in the community.

According to the Police the focus is not only in the area of crime prevention and detection, but empowering youths to develop skills in order to make proper decisions.

A Division Commander Clifton Hicken said Albouystown will be used as a pilot project.

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Guyana News – Budget Debate issues – 4 videos

Clash over Budget cuts

Sport Ministry allocations come under intense scrutiny

  Continue reading

Govt signals spending disapproved by Opposition in Parliament

“There are ways and means to which we can find mechanisms to restore that which has been disapproved but the fundamental point,” Attorney General and Minister of Legal Affairs, Anil Nandlall told a news briefing immediately after the National Assembly’s Committee of Supply concluded consideration of the estimates of expenditure.

The total amount not approved by the opposition-controlled House  was GUY$37,461,340,000.   (about US $185M)    US$1 = 208 Guyana$ app

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PPP prepared, ready for elections

PPP prepared, ready for elections

PPP news conferenceFrom left, PPP Executive Secretary Mr Zulfikar Mustapha, PPP General Secretary Mr Clement Rohee and PPP Member Mr Bryan Allicock at the news conference at Freedom House. (Adrian Narine photo)

April 14, 2014 – Guyana Chronicle

- Rohee says extensive discussions on this was held during party’s ‘CC’ meeting on April 12.

THE Central Committee of the ruling People’s Progressive Party (PPP) met, last Saturday (April 12), at Freedom House and General Secretary Clement Rohee, who chaired the meeting, reported that extensive discussions took place also on local government and national elections.
The Party’s preparedness to face the electorate whenever elections are called was also discussed, he told a press conference yesterday at the party’s Freedom House headquarters in Robb Street, Georgetown.   Continue reading

Guyana: NAREI harvests English potatoes

NAREI harvests English potatoes
  
 (Demerara  Waves- April 16, 2014) The National Agriculture Research and Extension Institute (NAREI) has harvested the first batch of English potatoes from its nursery demonstration plot at Mon Repos, East Coast Demerara.

potatoes

Agriculture Minister Dr. Leslie Ramsammy and NAREI’s Resarcher, Mr Fredricks during the entity’s first harvest of English potatoes

The Ministry of Agriculture said in a statement that NAREI in keeping with its plan to diversify the sector as part of its work programme embarked on the planting of a number of non-traditional produce to which demonstration plots were commenced by researchers from the Institute.

Among the non-traditional crops currently grown are garlic, carrot, turmeric, ginger, chic peas and English potatoes.

Continue reading

Guyana: New Elections in the Air? – commentary

Guyana: New Elections In The Air?

Editor’s Note

 If the AFC does not vote for the National Budget Estimates for the Office of the President for the reasons mentioned in its Press Statement below, that would be only 7 votes in the 65 seat National Assembly. It would then depend on how APNU with its 26 seats votes. If both Opposition Parties vote against the estimates of expenditure for the Office of the President, President Ramotar will have little alternative but to call a new General Election.

A new General Election is therefore in the air depending on whether the PPP/C Government accedes to the AFC request that the Minister of Finance immediately enters into discussions with the AFC and APNU with a view to removing certain allocations, including those for NCN and GINA, from under the Office of the President’s allocation and placing them under another mutually negotiated Head. If the Government is not obliging, then new elections will also depend on if APNU joins the AFC in voting against the OP’s allocationContinue reading

Bartica must become a town- APNU

Bartica must become a town- APNU

Monday, 31 March 2014 –  Demerara Waves

David Granger

APNU Chairman David Granger

The opposition A Partnership for National Unity (APNU) has promised to push for Bartica to be designated a town and for a number of ills like poor waste disposal to be addressed.

Already, the area is often described as a gold mining township where business has been booming largely due to a spike in the price for the precious yellow metal.

APNU Chairman, David Granger told residents of Bartica and several areas at a town hall meeting at the St. John’s Anglican School that his coalition would like to see that community become Guyana’s seventh town.
Authorities have also identified the need for Lethem near the Guyana-Brazil border to be designated a town. The other towns are Georgetown, Linden, New Amsterdam, Rose Hall, Corriverton and Anna Regina.  

Continue reading

GuySuCo: Mired in a sea of losses and bailouts – by Dr Clive Thomas

GuySuCo: Mired in a sea of losses and bailouts

Posted By Dr Clive Thomas - March 30, 2014

Clive ThomasFrom a dynamic perspective, over the medium to long-term the profitability of the sugar industry as a whole, and GuySuCo in particular, is more than any other variable, the best representative indicator of its sustainability as a commercial venture. From a business accounting standpoint the profit that is made indicates the extent to which total earnings or business income derived from sugar can cover all sugar costs or business expenses, thereby resulting in a surplus of income over these expenses or Accounting profit.

From this vantage point, in order to ensure genuine sustainability these costs or expenses should include  1) all employment, materials, and services costs; 2) all set-aside provisions for research and development (R&D); 3) similarly set-aside provisions for maintaining/replacing the capital stock; 4) similar provisions for servicing debts and liabilities (both long-term and short-term) in a timely manner; and 5) the generation of  adequate returns(dividends) for the industry stakeholders/shareholders; and also sufficient to attract new investments if required or alternatively to retain enough profits to finance such investments.

Read more: [GuySuCo- Mired in a sea of losses and bailouts

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